GUAN CHONG BHD

KLSE (MYR): GCB (5102)

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Last Price

2.83

Today's Change

+0.03 (1.07%)

Day's Change

2.78 - 2.87

Trading Volume

569,200


13 people like this.

4,266 comment(s). Last comment by ScotFree 3 weeks ago

Posted by slownsteady33 > 2024-05-24 15:34 | Report Abuse

4.00

Posted by EngineeringProfit > 2024-05-24 20:54 | Report Abuse

Bonus, next?

Posted by slownsteady33 > 2024-05-27 11:14 | Report Abuse

alamak, drop 0.23 sen before AGM...

Posted by EngineeringProfit > 2024-05-27 11:35 | Report Abuse

Run?

yune19

4 posts

Posted by yune19 > 2024-05-27 17:46 | Report Abuse

Wow

Posted by Bullhead > 2024-05-27 23:31 | Report Abuse

业绩一看就知道操盘手换人了

Nepo

3,423 posts

Posted by Nepo > 2024-05-28 08:17 | Report Abuse

Included in the profit before tax are the following items:
Current Current
Quarter Year
Ended To-Date
31-Mar-24
RM'000
Amortisation of leases 2,505
Amortisation of intangible assets 289
Depreciation 18,113
Realised loss on foreign exchange 7,807
Unrealised loss on foreign exchange 6,896
Realised loss on derivatives 100,320
Unrealised gain on derivatives (219,616)

Nepo

3,423 posts

Posted by Nepo > 2024-05-28 08:18 | Report Abuse

Profit mainly came from unrealised gain on derivatives RM 219,616,000, not from operation

abcb

3,047 posts

Posted by abcb > 2024-05-28 10:51 | Report Abuse

Next move 4.50,follow by 5.50

teknikal

184 posts

Posted by teknikal > 2024-05-28 13:02 | Report Abuse

Parabolic surge in share price usually not sustainable.

Unrealized gain on derivatives means management bet correctly on cocoa price, you can't get the price right all the time.

Posted by kokchengkai > 2024-05-28 13:54 | Report Abuse

teknikal i dont say u r wrong ,but the same thing oledi have chart expert say when the price up from 2 .50to 3.00 .then from 3.00 to 3.50 expert said the same thing again ,summore i heard sum sifu SHORT at the time and hand get burn. this is what i know.
mayb u wil correct in one day coz no share wil up every day hehehehehe..jst wait the day coming

Nepo

3,423 posts

Posted by Nepo > 2024-05-28 14:14 | Report Abuse

People this type of PUSHING is the final round of death battle
Do you believe?

Date today 28 May 2024 GCB reaches highest and going to collapse..

Posted by edithcapital > 2024-05-28 14:16 | Report Abuse

Imagine price hitting ceiling, and shorters can't cover

Posted by kokchengkai > 2024-05-28 14:37 | Report Abuse

Nepo other ppl said i wil believe ..but u is hard to believe coz i remember in march or april u say the same thing in GCB forum..but no one time is correct .hahaha .mayb u change a name log in then say the same thing,i wil believe ..hahaha.but dun worry la ,no any share can up everyday ,sure in one day GCB wil drop .

striker888

245 posts

Posted by striker888 > 2024-05-28 15:31 | Report Abuse

All the eat-sxit experts are useless 😆😆😆

Posted by EngineeringProfit > 2024-05-28 16:59 | Report Abuse

GCB is my favourite

Moon

62 posts

Posted by Moon > 2024-05-28 23:08 | Report Abuse

Shares I sold with intention buyback as seeing downward soon always rise or shoot up. ....until...Another case like SUPERMX sold at Apr 2000.

Posted by Stevecheahsw > 2024-05-29 01:36 | Report Abuse

Today GCB short by some one (IDSS) 422.3 Lots with Amount Rm1.8 Million. Don't know can cover back or not!

abcb

3,047 posts

Posted by abcb > 2024-05-29 16:39 | Report Abuse

Superb bullish up trend for GCB in the short term

Posted by edithcapital > 2024-05-31 07:37 | Report Abuse

Trend continuation for GCB

rr88

6,532 posts

Posted by rr88 > 2024-05-31 11:22 | Report Abuse

Close shop. No cocoa beans to grind.

abcb

3,047 posts

Posted by abcb > 2024-05-31 16:29 | Report Abuse

Healthy consolidation

badrul1970

160 posts

Posted by badrul1970 > 2024-06-04 19:12 | Report Abuse

3 straight days consolidation due to profit taking ?

Posted by edithcapital > 2024-06-05 08:03 | Report Abuse

Selling pressure should subside today

Posted by edithcapital > 2024-06-05 10:49 | Report Abuse

Many shorts piling up, which makes a good squeeze above 4

Posted by edithcapital > 2024-06-05 10:52 | Report Abuse

There's the squeeze :)

badrul1970

160 posts

Posted by badrul1970 > 2024-06-05 19:29 | Report Abuse

any chance it will rebounce tomorrow?

Posted by edithcapital > 2024-06-06 02:12 | Report Abuse

It will sustain above 4

abcb

3,047 posts

Posted by abcb > 2024-06-11 14:52 | Report Abuse

Limit up 5.23

abcb

3,047 posts

Posted by abcb > 2024-06-11 14:53 | Report Abuse

Going to fly very soon

ScotFree

137 posts

Posted by ScotFree > 2024-06-19 13:33 | Report Abuse

Fly downwards ..

Posted by FintechHarmony > 2024-08-19 17:24 | Report Abuse

BUy GCB

ScotFree

137 posts

Posted by ScotFree > 2024-08-21 20:04 | Report Abuse

Careful ... Cocoa supply is in deficit

gick891214

923 posts

Posted by gick891214 > 2024-08-23 10:08 | Report Abuse

This stock very quiet 🤔🤔

gick891214

923 posts

Posted by gick891214 > 2 months ago | Report Abuse

66 million profits

stainlyho37

2,275 posts

Posted by stainlyho37 > 2 months ago | Report Abuse

shake off by creating more selling....time for you u collect ...!!

ScotFree

137 posts

Posted by ScotFree > 2 months ago | Report Abuse

2.50

Posted by kokchengkai > 2 months ago | Report Abuse

stainlyho37 only can buy if price go below RM2.30...high finance kos ,adnormal high cocoa bean price make gcb not in comfort zone. look at their 2.2billion inventory ,all buy in high premium expensive price cocoa bean,if unluckly cocoa bean price suddenly collapse ,gcb wil bloody suffer cause finance crisis

Posted by Maxlim2000 > 2 months ago | Report Abuse

still short supply , the COCO price will went up, now 9700

ScotFree

137 posts

Posted by ScotFree > 2 months ago | Report Abuse

If coco price up anymore, sure up lorry

Posted by Maxlim2000 > 2 months ago | Report Abuse

they will be continue short supply until 2025.....so what do you think about the cocoa price ?

OSWALD

198 posts

Posted by OSWALD > 2 months ago | Report Abuse

https://www.investing.com/commodities/us-cocoa
US cocoa futures dec24 in
'strong sell' band.

ScotFree

137 posts

Posted by ScotFree > 2 months ago | Report Abuse

If cocoa price keep dropping fast, customer will also wait for cheaper price before ordering

Posted by Maxlim2000 > 2 months ago | Report Abuse

latest ICCO news reported today, although that is sligthly recover on coco production, but is still cannot help to resolve the short supply of COCO, manufacturer need execute a good supply chain management of coco supply

ScotFree

137 posts

Posted by ScotFree > 2 months ago | Report Abuse

Short supply of cocoa beans is a grinders' nightmare

Bee808

25 posts

Posted by Bee808 > 1 month ago | Report Abuse

The latest news is Favorable weather in top growers Ivory Coast and Ghana is improving the main crop outlook and helping to keep a lid on cocoa prices after a strong rally earlier this year.

Looks like this may be trending sideways ...

AhHuat168

285 posts

Posted by AhHuat168 > 1 month ago | Report Abuse

2.80 is the strong support, as long as stay above this price, most likely can climb back to RM4

stainlyho37

2,275 posts

Posted by stainlyho37 > 4 weeks ago | Report Abuse

Cocoa from peak 12k to 7k ....looks good & stable..may break below 7k !!!....good to look into GCB ..attractive prices now !!!

ScotFree

137 posts

Posted by ScotFree > 3 weeks ago | Report Abuse

2.6++
Any lower?

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