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

Qwertyuiop

590 posts

Posted by Qwertyuiop > 2019-04-22 21:00 | Report Abuse

Gcb is up not due to Bandar Malaysia, they are not selling cocoa in bandar msia. LOL

Joe Ng

210 posts

Posted by Joe Ng > 2019-04-22 21:25 | Report Abuse

Its not too late to catch the train before it goes too far
PE still very low

bzeew

320 posts

Posted by bzeew > 2019-04-23 10:16 | Report Abuse

This World-Beating Stock May Just Be Everyone's Cup of Cocoa

bzeew

320 posts

Posted by bzeew > 2019-04-23 10:34 | Report Abuse

Chocolate demand in Asia is booming, and this Malaysian company sits at the epicenter.

bzeew

320 posts

Posted by bzeew > 2019-04-23 10:46 | Report Abuse

Asia’s biggest cocoa bean processor has been riding a wave of improved margins and higher sales.

bzeew

320 posts

Posted by bzeew > 2019-04-23 11:27 | Report Abuse

Net income doubled to 189.3 million ringgit ($45.8 million) last year, and 2019 “is looking as good as last year” because of increased capacity and sustained margins.

bzeew

320 posts

Posted by bzeew > 2019-04-23 13:39 | Report Abuse

Strong demand since last year has helped the company increase the amount of forward sales.

Qwertyuiop

590 posts

Posted by Qwertyuiop > 2019-04-23 14:16 | Report Abuse

GCB is the last time Scientx, Hapseng, VS, if you miss this strong bull trend, then you may just wait slowly for another potential strong upward counter. Still not so much people knowing this stock, just let it up quietly until everyone starts talking about it.

bzeew

320 posts

Posted by bzeew > 2019-04-23 16:37 | Report Abuse

People are munching more dark chocolate, seen as an healthier alternative to ordinary snacks, and that’s boosting demand for cocoa.

SpotOn1

158 posts

Posted by SpotOn1 > 2019-04-23 22:52 | Report Abuse

cocoa demand remains high, comodities remains stable and profit margin remains fantastic

nick_ck

619 posts

Posted by nick_ck > 2019-04-24 16:00 | Report Abuse

Steady steady, will be some pullback before moving higher again.

Agjl

5,759 posts

Posted by Agjl > 2019-04-26 20:47 | Report Abuse

Q results coming? When?

Wyler

4 posts

Posted by Wyler > 2019-04-26 21:53 | Report Abuse

Historically, it will be released on 30 May

lmy059c

37 posts

Posted by lmy059c > 2019-04-26 22:41 | Report Abuse

Looks like it has bottomed out at RM3.94? If I am correct, we may see another breakout very very soon. I think this coming one will be more powerful than the previous 38-sen rise. In the meantime, I will sit back and eat chocolate and drink choco milk....Huat ah!

cheoky

2,823 posts

Posted by cheoky > 2019-04-28 12:21 | Report Abuse

perhaps stock of 2019.

enning22

2,932 posts

Posted by enning22 > 2019-04-29 10:34 | Report Abuse

GCB corporate strategy is excellent, and well planned.

cheoky

2,823 posts

Posted by cheoky > 2019-04-30 15:10 | Report Abuse

walao.....uncle k pls come..

enning22

2,932 posts

Posted by enning22 > 2019-04-30 15:20 | Report Abuse

uncle k already traped in Dayang

lching

1,402 posts

Posted by lching > 2019-04-30 15:52 | Report Abuse

no need KYY, 1 broking house covers it will do wonder.

Qwertyuiop

590 posts

Posted by Qwertyuiop > 2019-04-30 20:42 | Report Abuse

i told you guys GCB is definitely bull of the commodity year, just buy and hold. :) you think it is high? it will just go higher.

Qwertyuiop

590 posts

Posted by Qwertyuiop > 2019-04-30 20:43 | Report Abuse

you want justification? it will be justified by coming better earnings.

nick_ck

619 posts

Posted by nick_ck > 2019-05-02 09:28 | Report Abuse

Coming earning will bring down the PE below 10 then this stock will fly higher n higher

ccy123

279 posts

Posted by ccy123 > 2019-05-02 22:11 | Report Abuse

Buy JB Food if you miss GUAN CHONG

cheoky

2,823 posts

Posted by cheoky > 2019-05-07 18:50 | Report Abuse

Director keep buying. With good combine ratio on coca, I guess a good q 1. Explosive north ward on price is foresee. Hopefully

rajachulan

1,740 posts

Posted by rajachulan > 2019-05-08 17:08 |

Post removed.Why?

nick_ck

619 posts

Posted by nick_ck > 2019-05-09 13:12 | Report Abuse

Strong USD & cheap cocoa price.....keep on accumulate...TP 4.5 by mid year.

nick_ck

619 posts

Posted by nick_ck > 2019-05-10 13:52 | Report Abuse

CEO keep buying, something happen in coming quarter?

Thelastone

277 posts

Posted by Thelastone > 2019-05-10 16:16 | Report Abuse

Either the share is undervalued or they are planning on MGO!

nick_ck

619 posts

Posted by nick_ck > 2019-05-16 18:03 | Report Abuse

$JB Foods(BEW.SI) Net profit rose 6.6% to US$5.0 million on the back of 5.9% increase in revenue due to strong cocoa demand. Group's profitability remained stable...

Zachs

75 posts

Posted by Zachs > 2019-05-17 16:42 | Report Abuse

Haiz... So boring

Zachs

75 posts

Posted by Zachs > 2019-05-17 16:46 | Report Abuse

Ok boss... hold and sleep

YAPSS

216 posts

Posted by YAPSS > 2019-05-21 00:08 | Report Abuse

Hey! Today, R-Table will be covering Guan Chong Berhad by presenting 10 years financial results in a short, fun & interesting way. Click the link below to watch the video.

Link: https://youtu.be/kR6obJsv2SU
#YAPSS #RTable #GuanChongBerhad #MakeInvestingFun

Posted by Mike_klse > 2019-05-27 02:48 | Report Abuse

still looking good despite our market condition, but be aware that AGM and QR gonna come out soon. Fundametal history of this company showing a good profit and growth. Technically, a bullish engulfing is formed near support level on the last trading day, MA7-MA20 also showing that this counter on its average price level that indicates low risk for entry. Set this counter as a watchlist for potentially good investing.

For counters daily updates, Technical and Fundamental Analysis and TP
WhatsAp @ +60 108599233

Thelastone

277 posts

Posted by Thelastone > 2019-05-28 09:23 | Report Abuse

Anybody can share important issues raised and decided during the AGM?Tq mates

siaoliao

917 posts

Posted by siaoliao > 2019-05-28 16:25 | Report Abuse

fkkk up edi ?? diu any bad news ? mind to share ...

cheoky

2,823 posts

Posted by cheoky > 2019-05-28 18:00 | Report Abuse

A must have in your portfolio. They mentioned they are busy for 2020 order book. Gcb is in a sweet spot.

Posted by Richard Lee > 2019-05-28 18:03 | Report Abuse

crazyyyyyyyyyyyyyyy.. Super QR!

Thelastone

277 posts

Posted by Thelastone > 2019-05-28 18:04 | Report Abuse

Wah!1q19 results very good.Revenue 648m,PBT 63m PAT 53m EPS 11.12sen and some more got div 1.5sen

nick_ck

619 posts

Posted by nick_ck > 2019-05-28 18:11 | Report Abuse

PE 10 at least worth 4.25. Good job, hopefully they invest wisely with money borrow then perfect.

nick_ck

619 posts

Posted by nick_ck > 2019-05-28 18:19 | Report Abuse

Next quarter result will even better.... TP 4.5

Primeinvestor

1,454 posts

Posted by Primeinvestor > 2019-05-28 18:25 | Report Abuse

so low? haha

nick_ck

619 posts

Posted by nick_ck > 2019-05-28 18:29 | Report Abuse

Conservative, EPS for this year 48, PE 10 = TP 4.8

Qwertyuiop

590 posts

Posted by Qwertyuiop > 2019-05-28 18:30 | Report Abuse

I told ya, it will be justified by better future earnings. Crazy bull riding on this stock. Demand increasing, cocoa price increasing, production increasing, go to the moon la!

Jhl23

19 posts

Posted by Jhl23 > 2019-05-28 18:35 | Report Abuse

Superb QR

cheoky

2,823 posts

Posted by cheoky > 2019-05-28 18:49 | Report Abuse

The horse mouth mentioned actually they are low debt company when you understand their forward purchase and sell to customer. Doubter pls cont stay away and be safe.

CY1214

16 posts

Posted by CY1214 > 2019-05-28 19:48 | Report Abuse

Trade Line is just like Account Payable. Instead of old the supplier, the companies convert the Letter of Credit into Trust Receipt.

Trust Receipt (TR) is a type of short-term import loan to provide the buyer with financing to settle goods imported under Letter of Credit where title of goods is held by the bank. Under a TR arrangement, the Bank retains title to the goods but allows the buyer to take possession of the goods on trust for resale before paying the Bank on TR due date. TR financing is applicable to goods imported under documentary credit.

Benefits of trade line is enjoy credit terms pre-approved by the Bank, with principal and interest only payable on maturity so that Buyer’s working capital or cash flow is not tied up and can be deployed for other business purposes.

Normally higher trade line usage will be associated with higher business volume. Unlike Term Loan / Overdraft where the money will be used for working capital / overhead or capital expenditure.

rajachulan

1,740 posts

Posted by rajachulan > 2019-05-28 21:33 | Report Abuse

TR? -_-!!!! thats means company liquidity need to be improved liao... why ler? where is the cash from sales? where is the cash from profit?

cheoky

2,823 posts

Posted by cheoky > 2019-05-28 21:38 | Report Abuse

Follow the boss. You won't go wrong. Going for shariah compliance and potential private placement. Boss no rush to do it. Perhaps placee is pushing for shariah compliance. Guess who?

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