GUAN CHONG BHD

KLSE (MYR): GCB (5102)

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Last Price

2.80

Today's Change

-0.03 (1.06%)

Day's Change

2.80 - 2.85

Trading Volume

403,100


13 people like this.

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

EWon88

32 posts

Posted by EWon88 > 2016-08-12 10:01 | Report Abuse

Undervalue gem

nick_ck

619 posts

Posted by nick_ck > 2016-08-12 11:12 | Report Abuse

RM 0.72 is the time company report loss, but now profit chart is moving upwards....I believe value of this company is around 1.2.

gick891214

923 posts

Posted by gick891214 > 2016-08-12 13:39 | Report Abuse

Waiting it boom....

Mgician

716 posts

Posted by Mgician > 2016-08-12 17:56 | Report Abuse

good show on Monday?

sapurakencana

1,144 posts

Posted by sapurakencana > 2016-08-12 19:05 | Report Abuse

net profit drop from RM13mil to RM10mil compare with last quarter report,report so so lah,that why there is a resistant at RM0.93

sapurakencana

1,144 posts

Posted by sapurakencana > 2016-08-12 19:08 | Report Abuse

no dividen again,when can i realise my investment?

gick891214

923 posts

Posted by gick891214 > 2016-08-12 22:58 | Report Abuse

Show time...

nick_ck

619 posts

Posted by nick_ck > 2016-08-13 09:11 | Report Abuse

Profit from 2m to 10m after tax, not bad result. waiting for monday - RM1

paulthesotong

2,857 posts

Posted by paulthesotong > 2016-08-13 09:33 | Report Abuse

Most profit came from gain in foreign ex transactions...

nick_ck

619 posts

Posted by nick_ck > 2016-08-13 11:48 | Report Abuse

Benefit from drop of sterling

Vizhai

394 posts

Posted by Vizhai > 2016-08-13 11:52 | Report Abuse

so Main profit is not based on basic business?

Buns

165 posts

Posted by Buns > 2016-08-15 08:55 | Report Abuse

Nice.Nice. Buy more if 1.00 and below.

Buns

165 posts

Posted by Buns > 2016-08-15 08:56 | Report Abuse

Stronger ringgit boosted Guan Chong Bhd's net profit for the second quarter ended June 30, 2016 (2QFY16) to RM10.66 million, which is over five times the RM1.96 million it had recorded in the same period last year.

The leading cocoa processor in Asia told the stock exchange today that better earnings were due to higher net gain on foreign exchange.

Revenue, on the other hand, only gained 1.2% to RM583.39 million, from 576.56 million a year ago, which is mainly due to higher average selling price of cocoa solids.

The stronger quarterly earnings also lifted its net profit for the cumulative six months ended June 30, 2016 (1HFY16) to RM24.36 million, from RM108,000 a year earlier; while revenue improved 14.7% to RM1.17 billion, from RM1.02 billion.

nick_ck

619 posts

Posted by nick_ck > 2016-08-15 09:19 | Report Abuse

Huat arrr...finally above 1.00..1.20 coming

traderman

7,854 posts

Posted by traderman > 2016-08-15 11:17 | Report Abuse

tp 4.0

Buns

165 posts

Posted by Buns > 2016-08-15 13:38 | Report Abuse

The waiting finally paid off. 13% profit on paper, hope it goes up more.

sapurakencana

1,144 posts

Posted by sapurakencana > 2016-08-15 15:59 | Report Abuse

why drop baxk to96 cents.no support

traderman

7,854 posts

Posted by traderman > 2016-08-15 17:14 | Report Abuse

because insiders are done eating ... hahahahaha

cstrader

937 posts

Posted by cstrader > 2016-08-15 21:48 | Report Abuse

Yes easily reach 1.30 TP short term

kcwong98

91 posts

Posted by kcwong98 > 2016-08-15 23:50 | Report Abuse

http://www.theedgemarkets.com/en/node/282827

31 May 2016 announced disposal of GCB Specialty Chocolate Sdn Bhd.

Can some one advise that selling of GCB Specialty Chocolate Sdn Bhd has a disposal gain of RM 8 million that will report in September quarter report?

sapurakencana

1,144 posts

Posted by sapurakencana > 2016-08-16 11:29 | Report Abuse

keep on collect at this level

sapurakencana

1,144 posts

Posted by sapurakencana > 2016-08-16 14:18 | Report Abuse

dont miss this boat

1009

2,020 posts

Posted by 1009 > 2016-08-16 23:48 | Report Abuse

Big buaya upside.. Hard to fight him..

Buns

165 posts

Posted by Buns > 2016-08-17 10:57 | Report Abuse

Okay buy again 0.95-0.97

nick_ck

619 posts

Posted by nick_ck > 2016-08-17 14:50 | Report Abuse

Ya below 1 buy buy, ringgit recover soon...

Good Good

21 posts

Posted by Good Good > 2016-08-17 17:31 | Report Abuse

why ringgit stronger shall be a good news to GCB ? Pls guide .....

Good Good

21 posts

Posted by Good Good > 2016-08-17 17:36 | Report Abuse

GCB is export oriented production?

Good Good

21 posts

Posted by Good Good > 2016-08-17 17:40 | Report Abuse

Pay $$ DEBTS $$ overseas ???

Good Good

21 posts

Posted by Good Good > 2016-08-17 17:46 | Report Abuse

PPl said abv RM1.20 @ PE11.0 around ? Now RM1.00 also can't stand firmed, one sen every day .....

Good Good

21 posts

Posted by Good Good > 2016-08-17 17:49 | Report Abuse

NO SUPPORT ??? Is it possible to go back to RM1.60 by year end ???

nick_ck

619 posts

Posted by nick_ck > 2016-08-17 17:58 | Report Abuse

Basic must know before invest

Guan Chong Berhad is one of the largest cocoa processors in the region, with cocoa bean grinding capacity of 80,000 MT/year in Pasir Gudang, Malaysia, and 120,000 MT/year in Batam, Indonesia. The current total production capacity of 200,000 MT/year makes the Group ranked among the top 5 cocoa ingredients producers in the world.

Established in 1990, Guan Chong has also cocoa cake grinding facility in Delaware, USA, to be close to its key market. Currently, Guan Chong exports more than 90% of its cocoa ingredients of cocoa liquor, cocoa butter, cocoa cake, and cocoa powder to more than 60 countries worldwide. The Group’s products are marketed under the “Favorich” brand.

To date, Guan Chong has an established clientele, including world-famous chocolate makers such as Mars and Hershey’s, as well as a global distribution network of more than 70 distributors/agents in Asia, Europe and USA.

Buns

165 posts

Posted by Buns > 2016-08-19 09:10 | Report Abuse

Alright, comeback. Thankfully still young, or I won't be able to take the movements. It's either hidden gem or value trap. Time will tell.

nick_ck

619 posts

Posted by nick_ck > 2016-08-19 09:32 | Report Abuse

wow n on the move liao, told that buy below 1.

1009

2,020 posts

Posted by 1009 > 2016-08-19 14:26 | Report Abuse

Buaya strong.. Hard to fight him..

Posted by Khaw Seek Chuan > 2016-08-19 15:47 | Report Abuse

Potential rm 1.80

sapurakencana

1,144 posts

Posted by sapurakencana > 2016-08-21 22:12 | Report Abuse

wah so greedy, dow jones going to fall soon,be caution,i expect RM1.13

Good Good

21 posts

Posted by Good Good > 2016-08-22 14:26 | Report Abuse

where is the buaya ?

Good Good

21 posts

Posted by Good Good > 2016-08-22 14:28 | Report Abuse

where the buaya at ... ?

Good Good

21 posts

Posted by Good Good > 2016-08-22 14:29 | Report Abuse

RM1.05 level ... ?

Good Good

21 posts

Posted by Good Good > 2016-08-22 14:31 | Report Abuse

Collect more at level of 99 ....

Good Good

21 posts

Posted by Good Good > 2016-08-22 14:33 | Report Abuse

Cross this muara sungai buaya, you will see an ocean ...

Good Good

21 posts

Posted by Good Good > 2016-08-22 14:33 | Report Abuse

GOOD LUCK

Good Good

21 posts

Posted by Good Good > 2016-08-22 14:34 | Report Abuse

COCOA ..... UP ! UP !

Good Good

21 posts

Posted by Good Good > 2016-08-22 14:38 | Report Abuse

GCB UP!

grace123

677 posts

Posted by grace123 > 2016-08-22 18:50 | Report Abuse

Better go mati.

nick_ck

619 posts

Posted by nick_ck > 2016-08-23 10:43 | Report Abuse

haha, be patient. company need time to perform.

Buns

165 posts

Posted by Buns > 2016-08-25 09:31 | Report Abuse

Ivory Coast bean crops down, still volatile markets. Will queue some at 0.90 park first, get average down.

nick_ck

619 posts

Posted by nick_ck > 2016-09-01 16:13 | Report Abuse

wow cocoa price keep dropping, below 0.90 I will collect

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