GUAN CHONG BHD

KLSE (MYR): GCB (5102)

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Last Price

3.02

Today's Change

+0.21 (7.47%)

Day's Change

2.80 - 3.08

Trading Volume

2,709,400


13 people like this.

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

longranger

220 posts

Posted by longranger > 2019-11-14 08:40 | Report Abuse

"The [performance in the] second half will remain strong. Our [processing] plants are running at near full capacity and [have] sold out this year. In fact, we are now selling next year’s capacity. For the first half of 2020, we are almost 50% sold. Thus, our books are considered closed for the year,” says Tay"

longranger

220 posts

Posted by longranger > 2019-11-14 08:45 | Report Abuse

i believe as the capcity is fully booked, selling price will be firmed and on the up trend, steady but not jump. ease of mind for the next 2 qtr.

Agjl

5,763 posts

Posted by Agjl > 2019-11-14 15:23 | Report Abuse

Looks like the price is well supported. Whenever there is a drop, very soon the buying came in and push it up a bit

kllady_fidah

1,700 posts

Posted by kllady_fidah > 2019-11-15 10:40 | Report Abuse

flying

Agjl

5,763 posts

Posted by Agjl > 2019-11-15 11:30 | Report Abuse

Nit yet flying. But getting ready

Agjl

5,763 posts

Posted by Agjl > 2019-11-15 16:32 | Report Abuse

Tight range. Seems like price suppressed with high selling at 2.40

Agjl

5,763 posts

Posted by Agjl > 2019-11-15 16:32 | Report Abuse

High volume today

Ningen

53 posts

Posted by Ningen > 2019-11-15 16:58 | Report Abuse

anyone can tell why the warrant stronger than the mother, the mother keep under pressure

Agjl

5,763 posts

Posted by Agjl > 2019-11-15 17:17 | Report Abuse

Mother under pressure cos old timer taking profit

Agjl

5,763 posts

Posted by Agjl > 2019-11-15 17:17 | Report Abuse

Warrant go higher cos new comer punting it

Agjl

5,763 posts

Posted by Agjl > 2019-11-15 17:19 | Report Abuse

But u can see there is a quite even distribution of selling and buying. Price is still within range

Ningen

53 posts

Posted by Ningen > 2019-11-15 19:10 | Report Abuse

Thank you Agjl

Joe Ng

210 posts

Posted by Joe Ng > 2019-11-16 08:02 | Report Abuse

Directors all dealing with shares......Are they selling or buying?

Agjl

5,763 posts

Posted by Agjl > 2019-11-16 09:21 | Report Abuse

Joe Ng....not directors selling or buying. If u are refering to the announcement, those are the shares they are entitled to after the bonus issue and warrants. It is BURSA regulations to annouce one’s stake whenever there is an increase or decrease in stake. Based on their previous holdings, those are their emtitlement of bunis and warrants. Of course they may have sold off some of the warrants or mother in the market. But judging from their close grip on the company, this may not be the scenario. Most of the directors are not keen to tr their holding as what i read in their press statements

longranger

220 posts

Posted by longranger > 2019-11-16 10:26 | Report Abuse

so far didnt see director selling their warrant, good sign.

Agjl

5,763 posts

Posted by Agjl > 2019-11-16 15:18 | Report Abuse

Just a matter of time...

kllady_fidah

1,700 posts

Posted by kllady_fidah > 2019-11-16 20:35 | Report Abuse

they will cash out definitely..At what price the question

Agjl

5,763 posts

Posted by Agjl > 2019-11-17 14:03 | Report Abuse

Hopefully at higher price that we all get out first before the directors

kllady_fidah

1,700 posts

Posted by kllady_fidah > 2019-11-17 19:31 | Report Abuse

3 yr warrant..Should keep for long term..
Some would switch from mother to warrant to ride on the leveraging

yorkyork

2,772 posts

Posted by yorkyork > 2019-11-18 10:30 | Report Abuse

oh break out liao

Yu_and_Mee

3,455 posts

Posted by Yu_and_Mee > 2019-11-18 10:53 | Report Abuse

I will stop eating chocolate from today onward.

kllady_fidah

1,700 posts

Posted by kllady_fidah > 2019-11-18 11:03 | Report Abuse

might reach 3 very soon.major break out

kllady_fidah

1,700 posts

Posted by kllady_fidah > 2019-11-18 12:05 | Report Abuse

best ever qrtly eesult this week announced

Agjl

5,763 posts

Posted by Agjl > 2019-11-18 12:22 | Report Abuse

Hopefully Santa is coming earlier...

kllady_fidah

1,700 posts

Posted by kllady_fidah > 2019-11-18 13:00 | Report Abuse

expect major break out soon..Syariah based institutions waiting for the necessary approval before dipping in too..

kllady_fidah

1,700 posts

Posted by kllady_fidah > 2019-11-18 13:06 | Report Abuse

If they in..PE 20× is the norm.. consumer ctr

bc8660

253 posts

Posted by bc8660 > 2019-11-18 14:34 | Report Abuse

I think Chocolate Q result should announce later today or tomorrow.

yorkyork

2,772 posts

Posted by yorkyork > 2019-11-18 14:51 | Report Abuse

作战必备巧克力,轻装,随时可以吃。保持能量。再战沙场。废青最爱

longranger

220 posts

Posted by longranger > 2019-11-18 15:21 | Report Abuse

haha york2 suggest copy right the tagline, if not you will see GCB use it in advertisement later

longranger

220 posts

Posted by longranger > 2019-11-18 15:58 | Report Abuse

Food industry, global player, expanding, proven result, PE only 11.36 !! unbelievable

Posted by danielleesing > 2019-11-18 15:59 | Report Abuse

The cocoa grinder said its net profit rose 42% year-on-year to RM61 million for the second quarter ended June 30, 2019 (2QFY19) from RM43.03 million, thanks to higher sales of cocoa products, which pushed revenue up 53% to RM753.06 million from RM491.58 million.

kllady_fidah

1,700 posts

Posted by kllady_fidah > 2019-11-18 16:32 | Report Abuse

A friend told me not to sell n keep this stock for at least 1 year..what do u think?

kllady_fidah

1,700 posts

Posted by kllady_fidah > 2019-11-18 16:33 | Report Abuse

He said this stock will give me expensive handbags soon

Agjl

5,763 posts

Posted by Agjl > 2019-11-18 16:43 | Report Abuse

I think hitting 3 shld not be an issue. Backed by strong profit

longranger

220 posts

Posted by longranger > 2019-11-18 16:46 | Report Abuse

that must be at least berkin bag.

Agjl

5,763 posts

Posted by Agjl > 2019-11-18 16:50 | Report Abuse

Longranger....hahahah yes. Thats wat i meant but i m no expert of bag. Thank u for saying out

Agjl

5,763 posts

Posted by Agjl > 2019-11-18 16:51 | Report Abuse

Daniel...where u get these Q figures? Out already?

kllady_fidah

1,700 posts

Posted by kllady_fidah > 2019-11-18 16:54 | Report Abuse

cheapest berkin is 100k

longranger

220 posts

Posted by longranger > 2019-11-18 16:54 | Report Abuse

i think Daniel posted the previous Qtr result comment..i guess the coming one will be even better yoy if no forex issue.

Posted by investortrader88 > 2019-11-18 17:21 | Report Abuse

hi guys. good to see familiar names here.i just bough GCB this morning. hope not to late to join you guys !

dalpinia

2,299 posts

Posted by dalpinia > 2019-11-18 19:18 | Report Abuse

Good QR, long term counter

kllady_fidah

1,700 posts

Posted by kllady_fidah > 2019-11-18 19:25 | Report Abuse

1 sen dividend.

nick_ck

619 posts

Posted by nick_ck > 2019-11-18 19:35 | Report Abuse

Quite similar to 2nd quarter

yorkyork

2,772 posts

Posted by yorkyork > 2019-11-18 20:39 | Report Abuse

Hold until Olympic over. Japan hotel breakfast very expensive. Eat chocolate better.

John Angel

255 posts

Posted by John Angel > 2019-11-18 21:06 | Report Abuse

yahooo.....shit ... i sold

Agjl

5,763 posts

Posted by Agjl > 2019-11-18 21:18 | Report Abuse

Based on latest q, results os commendable but not big surprise. If we expect 4q to be the same of sligthly higher we are lookkng at EPS of 50 sen before bonus and warrants. At 2.51, thebstock is trading ard 10x PER already

Agjl

5,763 posts

Posted by Agjl > 2019-11-18 21:19 | Report Abuse

Hopefully there is other impetus to encourage the rise of the share price

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