Posted by enning22 > 2019-10-12 11:22 | Report Abuse

Guan Chong: Allocates about RM280m to build cocoa grinding facility in Cote D'Ivoire. Guan Chong has set aside between approximately RM230 to RM280m to construct a new 60,000 metric tonne (MT) cocoa grinding facility in a West African country, Cote D'Ivoire. The new facility would see GCB operations expand to a major cocoa bean producing country and at the same time allow the group to grow its Europe market presence due to the close proximity and similar time zone. The new factory is expected to be commissioned in the first quarter of 2021, which would bring the group’s total grinding capacity to 310,000 MT, from 250,000 MT currently. (Bernama)

Posted by Agjl > 2019-10-12 14:30 | Report Abuse

Its hard to explain the drop in share price on 10/10. Market participants sometimes behave strangely. Always share price sudden drop on that day of EGM for certain proposal especially if the stock had a good run few days before. Its more like short term traders cashing in just in case tge proposal didnt get thru. 11/11 good run could be their short covering

Posted by enning22 > 2019-10-12 16:41 | Report Abuse

i think some people worry about the budget,thinking some new taxes could be introduced, some people took profit and stay out for awhile.now no new taxes, and Us/china trade war, subsides for now as they reached certain agreement,i think investors would come back in a big bang,next week.

Posted by Agjl > 2019-10-13 00:23 | Report Abuse

Hopefully, big bang like u said....towards 5

Posted by akulamatata > 2019-10-14 07:41 | Report Abuse

Rm5 TP quite low oh,after share split more easy to go up and if success comply to Shariah rule, more fund to come.2020 and 2021 is the biggest harvest year for GCB

Posted by slts > 2019-10-14 10:32 | Report Abuse

fare value ex bonus 3.50-4.00
jus hold

Posted by enning22 > 2019-10-14 15:48 | Report Abuse

alas,big bang has gone to electronics ,sector.

Posted by Agjl > 2019-10-14 16:13 | Report Abuse

Temporary deflated...

Posted by kllady_fidah > 2019-10-14 19:07 | Report Abuse

Most would see it very cheap after Bonus n start chasing it up..Human behavior predictable

Posted by slts > 2019-10-14 19:33 | Report Abuse

if tmr can take out 4.72 next consolidation price at 5

Posted by kllady_fidah > 2019-10-14 20:50 | Report Abuse

ex date 4 Nov..Bursa announcement

Posted by slts > 2019-10-14 23:09 | Report Abuse

another magni
dont miss tis opportunity

Posted by Agjl > 2019-10-15 16:04 | Report Abuse

Anyone knows what would b the warrant’s exercise price?

Posted by slts > 2019-10-15 16:08 | Report Abuse

already fixed 1.65

Posted by Agjl > 2019-10-15 19:19 | Report Abuse

Slts....thanks

Posted by dalpinia > 2019-10-16 06:52 | Report Abuse

PE 10 only, ROE 27, still under value

https://m.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5102&section=financial

Posted by dalpinia > 2019-10-16 06:53 | Report Abuse

This is a consumer stock like DL, Nestle, n etc which just focus on cocoa businesses

Posted by dalpinia > 2019-10-16 06:54 | Report Abuse

PE shall be 30-50

Posted by chengcheekaan > 2019-10-16 15:53 | Report Abuse

So have you use all your money to buy GCB? since you said PE shall be 30-50

Posted by slts > 2019-10-17 08:21 | Report Abuse

heavy vol due T3 forced selling over yesterday

Posted by brandee > 2019-10-17 10:52 | Report Abuse

new high, otw to 5.00

Posted by enning22 > 2019-10-17 11:02 | Report Abuse

big bang finally happens

Posted by cheoky > 2019-10-17 13:28 | Report Abuse

Oh my love muacck

Posted by Agjl > 2019-10-17 14:08 | Report Abuse

Minor bang only...

Posted by Agjl > 2019-10-17 14:42 | Report Abuse

Looks like pump and dump

Posted by 336699 > 2019-10-17 19:30 | Report Abuse

Steaming towards 5.00 in time for a chocolate bath hahaha

Posted by Agjl > 2019-10-17 19:47 | Report Abuse

RHB research said 6

Posted by David > 2019-10-17 23:39 | Report Abuse

Superb growth stock, must keep for long term

Posted by Agjl > 2019-10-18 09:41 | Report Abuse

The million dollar question now is.....when to sell???

Posted by Agjl > 2019-10-18 09:42 | Report Abuse

4.93 high today

Posted by rajachulan > 2019-10-18 09:46 | Report Abuse

really... there is nothing much to say...

except....

congratulations to all your guys still holding!!!

I still not holding any share till now... i ride much of the trend last year... hope the trend continue this year and your guys can ride with it too...

good job and good luck guys...

wait to buy
wait to let profit run
wait to sell

Posted by chengcheekaan > 2019-10-18 10:11 | Report Abuse

I'm holding since 2013, no regrets.....

Posted by Agjl > 2019-10-18 10:55 | Report Abuse

rajachulan......on behalf of everyone here who are still holding, letme say thanks for yoyr kind wishes. We wish u all the best in your investment

Posted by nick_ck > 2019-10-18 13:13 | Report Abuse

Great, 300% profit. Congrats all, beware of high cocoa price.

Posted by CT > 2019-10-18 21:43 | Report Abuse

Warrant worth at least 0.80 cents per share based on current price. If u have 3 shares u get 1 free warrant

Posted by Ncm88 > 2019-10-18 21:46 | Report Abuse

Hi CT tan

Posted by CT > 2019-10-18 21:47 | Report Abuse

The higher the shares price the higher the warrant price. If reach 6 then warrant at worth at least 1.36 pershares. Just hold on all

Posted by kllady_fidah > 2019-10-19 19:40 | Report Abuse

might cool down nx wk...

Posted by Agjl > 2019-10-19 21:14 | Report Abuse

Its better to cool off next week to recharge for further journey. Cant go on forever. Need a rest

Posted by Agjl > 2019-10-19 21:15 | Report Abuse

5 is not a if its a matter of when

Posted by Kei2 > 2019-10-19 22:05 | Report Abuse

One more green bar on monday. Here comes the soldier. Go go go!!!

Posted by slts > 2019-10-20 09:23 | Report Abuse

its not overbot yet, so got more upside
b4 it consolidate

Posted by Agjl > 2019-10-20 14:15 | Report Abuse

Hopefuly reach RHB research target before go ex bonus

Posted by 336699 > 2019-10-20 14:29 | Report Abuse

Agjl Hopefuly reach RHB research target before go ex bonus.

Likely with some booster from now on.....

Posted by Hopeful > 2019-10-20 15:10 | Report Abuse

RHB Report says TP RM6.00 but the following passage even more exciting:

"We like the stock for its re-rating catalysts and unique position to ride Asia’s growing demand
for cocoa-based products, coupled with its wide and solid customer base that should ensure
long-term sustainability of earnings. In a blue sky scenario, our TP could reach MYR7.40,
based on FY20F P/E of 16x (matching the local indirect peers and closer to the market P/E
of 16x-17x) once/if:
i. The counter is institutionalised (institutional shareholding now estimated at less than
5%;
ii. It becomes shariah-compliant;
iii. There is improved market awareness of the consistency of earnings;
iv. There is improved liquidity."

Happy investing everyone.

Posted by Agjl > 2019-10-20 15:50 | Report Abuse

Hooeful.....where u got the extraction from? Rhb research? Watever it is, after reading it surely make us in the forum grow in greed....:)

Posted by Agjl > 2019-10-20 15:50 | Report Abuse

7.40:)?

Posted by enning22 > 2019-10-20 18:39 | Report Abuse

don't be silly , many stocks equiped with those 4 “Hopeful”factors ,currently is in deplorable state, so forget it;the real strength coming from ,excellent strategic business positioning in US and EU, big consumer markets for coco products

Posted by Agjl > 2019-10-20 18:55 | Report Abuse

Ennibg22.....I think the 4 hopefull factors will help plus other factors that u mentioned

Posted by papparich > 2019-10-21 09:52 | Report Abuse

Soilder out, strong uptrend...wow