Posted by richcares > 2019-12-17 15:52 | Report Abuse

3.00 ++ so difficult

Posted by Agjl > 2019-12-17 16:27 | Report Abuse

Sold down towards closing

Posted by lee9fold > 2019-12-17 17:23 | Report Abuse

once break will go 3.2 at least, just be patient

Posted by Agjl > 2019-12-17 18:06 | Report Abuse

Agreed...longer term close to 4

Posted by slts > 2019-12-18 10:21 | Report Abuse

xmas seem so near n yet so far away

Posted by Agjl > 2019-12-18 15:26 | Report Abuse

Today no price movement this forum so quiet：）

Posted by Agjl > 2019-12-18 15:27 | Report Abuse

Semua diam diam collecting at 2.93?:)

Posted by Agjl > 2019-12-18 15:32 | Report Abuse

Those wan to invest already invested. All waiting for the big wave. Its setting a very solid base at 2.8-2.9 level.

Posted by Agjl > 2019-12-18 15:33 | Report Abuse

Once base solidified....:the sky will be the limit

Posted by lee9fold > 2019-12-18 17:27 | Report Abuse

seems unlikley to go below 2.9

Posted by Iam Marcusa > 2019-12-19 10:43 | Report Abuse

collect back 2.93 :D hello again Agjl

Posted by Agjl > 2019-12-19 14:45 | Report Abuse

I m waiting at below 2.85

Posted by nick_ck > 2019-12-19 18:55 | Report Abuse

源宗集團（GCB, 5102）今日（19日）宣布收购德国一家老牌巧克力制造厂。
该公司表示，其新加坡子公司出价2993万欧元（约1亿3784万令吉），收购德国Schokinag控股公司100％股权，把业务扩大至欧洲市场。欧洲是全球最大巧克力市场。
Schokinag控股是一家拥有90历史的工业用途巧克力生产公司。

Posted by Kei2 > 2019-12-19 19:22 | Report Abuse

Ajgl I think no chance for you at 2.85

Posted by investortrader88 > 2019-12-19 19:28 | Report Abuse

https://www.theedgemarkets.com/article/guan-chong-expands-global-footprint-european-acquisition

Posted by Sahamtrooper > 2019-12-19 19:40 | Report Abuse

Congrats GCB holders... Bright future awaits

Posted by gemfinder > 2019-12-19 20:24 | Report Abuse

So sweet

Posted by kllady_fidah > 2019-12-19 22:42 | Report Abuse

fly

Posted by Agjl > 2019-12-20 00:22 | Report Abuse

Kei2.....so sad...cant get at 2.85

Posted by Agjl > 2019-12-20 00:23 | Report Abuse

Kilady.....dun need fly. Just slowly ascending.....and please dont stop until we say so...:)

Posted by investortrader88 > 2019-12-20 08:13 | Report Abuse

https://www.theedgemarkets.com/article/rhb-investment-bank-raises-target-price-guan-chong-rm345

Posted by Sky Liew > 2019-12-20 08:14 | Report Abuse

That want buy de company
Two scutch investor 2016 take over expand already use 10m pounds
Now just sell 2400 Europe to gcb

Posted by Sky Liew > 2019-12-20 08:14 | Report Abuse

Anyone know sch company financial ?

Posted by gemfinder > 2019-12-20 08:49 | Report Abuse

wow rhb increase tp

Posted by Agjl > 2019-12-20 09:24 | Report Abuse

Target price will be raise again and again.....and .....again in the next 2 years

Posted by Agjl > 2019-12-20 09:28 | Report Abuse

Sky liew...when company grow of course valuation and price sold will be in tandeem...its natural logic

Posted by Iam Marcusa > 2019-12-20 09:56 | Report Abuse

but for me 250,000 tons vs 7000 tons is not alot, maybe it is ticket to open europe market and expend capacity on the industry chocolate. anyone has idea how much industry choco per tons?

Posted by Agjl > 2019-12-20 10:04 | Report Abuse

The important point is to get a foot hold on the biggest market in the world

Posted by Agjl > 2019-12-20 10:04 | Report Abuse

European consumer consume the largest cocoa

Posted by Agjl > 2019-12-20 10:05 | Report Abuse

Also the new plant will somehow mitigate risk of excess capacity from ivory coast when come on stream

Posted by Agjl > 2019-12-20 10:05 | Report Abuse

Though demand is still deemed tight

Posted by Agjl > 2019-12-20 10:06 | Report Abuse

I mean demand is still on the rise

Posted by Agjl > 2019-12-20 10:07 | Report Abuse

I dun expect share price to fly just becos of this but i do expect the build up of the earnings momentum which we could see double digit again come 2020

Posted by ooihk899 > 2019-12-20 10:39 | Report Abuse

Look at the sell queue, I don't think it will cross rm 3 this morning.
Fund are still collecting

Posted by Agjl > 2019-12-20 11:03 | Report Abuse

GCB trend is not the same as others. Sometimes long sell Q will see price jump for the day. Sometimes but w long will see proce collapse towards closing. So, go back to fundamentals... earnings earnings and earnings....

Posted by Agjl > 2019-12-20 11:04 | Report Abuse

In the market there are always ppl thinknits overpriced and there r ppl think its undervalued. So long q sell and long q buy is a norm. Judge for yourself and do your homework

Posted by lee9fold > 2019-12-20 14:40 | Report Abuse

the operator buy up and throw down, so they can collect more at current level
long term uptrend is intact, no need so worry

Posted by Agjl > 2019-12-20 14:49 | Report Abuse

Hardly think that is operator throwing and buying. Its more like bullish investors are not willing to chase it up and queing to buy. Its a matter of patience. When patience runs up u will see buyers snatching up sellers quote and the price just shoot out. And also would be buyers are queing for earlier investors to take profit. Earlier investors price was ard 2.30-2.45

Posted by enning22 > 2019-12-20 14:50 | Report Abuse

some ppl go for short term profit taking , some go for longer term ,aimed for investment purpose,to each according to his prefered strategy, no a question of right or wrong.

Posted by perangbrown > 2019-12-20 15:30 | Report Abuse

We maintain our BUY call on Guan Chong with an unchanged FV of RM3.49/share, pegged to a P/E of 13x FY21F PE which is at a discount to international peer’s average forward P/E of 19x.
We like Guan Chong for its: 1) growth potential from expansion plan, 2) its position as the 4th largest cocoa bean grinder, and 3) stable earnings trajectory on the back of experienced management.

Posted by slts > 2019-12-20 16:45 | Report Abuse

fake sell order at 2.97

Posted by Agjl > 2019-12-20 17:02 | Report Abuse

Someone dun wan it to go up too fast...

Posted by longranger > 2019-12-20 17:54 | Report Abuse

son premium is low. better hold son than mother.

Posted by lee9fold > 2019-12-20 17:55 | Report Abuse

that someone is operator lor

Posted by gemfinder > 2019-12-20 19:55 | Report Abuse

Looks like,next week can surpass rm3

Posted by cheoky > 2019-12-20 20:27 | Report Abuse

chocolate love getting thicker and stronger definitely.

Posted by Agjl > 2019-12-20 20:59 | Report Abuse

Santa claus is coming to town so does 3. .... ho ho ho

Posted by Agjl > 2019-12-20 21:04 | Report Abuse

If i may be right, in my humble opinion, gcb price will only move in a faster pace in Jan. Reason being, funds may not get in in a big way as its year end and closing period.

Posted by Agjl > 2019-12-20 21:04 | Report Abuse

They will only move in a bigger way after readjusting their portfolio for the new financial year. I think

Posted by bc8660 > 2019-12-20 21:06 | Report Abuse

Walau, WA lower to 3.75 premium now, hold tight tight ... hehe.