GUAN CHONG BHD

KLSE (MYR): GCB (5102)

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Last Price

2.83

Today's Change

-0.11 (3.74%)

Day's Change

2.80 - 2.96

Trading Volume

1,173,700


13 people like this.

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

Agjl

5,760 posts

Posted by Agjl > 2020-02-25 00:40 | Report Abuse

Read the fine prints of the results guys.. its due to tax liabilities of capital expenditure. Actually i shld not highlight this so all will just think otherwise and sell tmrw and i can go in again cheaper. Haha

apolloang

18,163 posts

Posted by apolloang > 2020-02-25 01:06 | Report Abuse

tomoro 2.75 can likely get.....hehe

MichelleNg

1,031 posts

Posted by MichelleNg > 2020-02-25 07:44 | Report Abuse

Go go go rm2

longranger

220 posts

Posted by longranger > 2020-02-25 09:11 | Report Abuse

bought some.

Posted by isupertrader > 2020-02-25 09:13 | Report Abuse

Stupid people selling...lol

gemfinder

6,880 posts

Posted by gemfinder > 2020-02-25 09:32 | Report Abuse

sold 2.87 n wb 1.30. TQVM

longranger

220 posts

Posted by longranger > 2020-02-25 09:54 | Report Abuse

buying strong. hope to see green at the end of day

Agjl

5,760 posts

Posted by Agjl > 2020-02-25 09:56 | Report Abuse

Bought 2.83, n bought W 1.23. Thank you sellers

Agjl

5,760 posts

Posted by Agjl > 2020-02-25 09:57 | Report Abuse

Mucheleng....RM2 is possible when it hoes ex again for 1-1 bonus issue

longranger

220 posts

Posted by longranger > 2020-02-25 10:05 | Report Abuse

2.83, good price

keshminder

215 posts

Posted by keshminder > 2020-02-25 11:50 | Report Abuse

Taxes paid during 12m 2018 - RM 12.66million
Taxes paid during 12m 2019 - RM 24.37million

Why the big jump? Deferred tax liability up by RM9 million, guess due to CAPEX/increased revenue

gemfinder

6,880 posts

Posted by gemfinder > 2020-02-25 11:57 | Report Abuse

beter sell la.. not much upside oredi

Posted by Choong Wah Kean > 2020-02-25 12:36 | Report Abuse

Same story like Frontken. Last quarter profit dropped 3% just bcoz of taxes paid the whole year increased tremendously.

Posted by CHONGweiboon1119 > 2020-02-25 13:02 | Report Abuse

The result actually not bad, just only they expand their business and tax incurred. Can hold for long term

Posted by whereyoupunter > 2020-02-25 14:55 | Report Abuse

Heavenly Punter, thanks for recommending this stock, I made lots of money from your buy call, where are you? Any new recommendations?

longranger

220 posts

Posted by longranger > 2020-02-25 17:04 | Report Abuse

@Agjl, well done!

xuxu

5,860 posts

Posted by xuxu > 2020-02-25 17:17 | Report Abuse

good rebound, missed 2.9 just now.

Agjl

5,760 posts

Posted by Agjl > 2020-02-25 17:35 | Report Abuse

Longranger.....thanks bro...all sellers are alarmed on the drop in net profits. Guess many did not read the full results or understand why the drop. Thus i foresee the selling this morning and started the buy q. I was lucky some panic sellers threw to me W at 1.22. Was just lucky

Agjl

5,760 posts

Posted by Agjl > 2020-02-25 17:36 | Report Abuse

And mother share w at 2.83-85 and all done

Posted by Jason Lim > 2020-02-25 18:08 | Report Abuse

wasnt the acquisition of factory in europe a factor for its decrease in profit? result not bad with higher revenue. hold tight tight this stock!!

Sc Hew

43 posts

Posted by Sc Hew > 2020-02-27 10:54 | Report Abuse

GUAN CHONG BERHAD ("GCB" OR "THE COMPANY") PROPOSED DISPOSAL OF 5,550,000 REGISTERED SHARE CAPITAL WITH A SINGLE NOMINAL VALUE OF RM1 AND A TOTAL NOMINAL VALUE OF RM5,550,000 IN FUJI GLOBAL CHOCOLATE (M) SDN BHD ("FGC") (FORMERLY KNOWN AS GCB SPECIALITY CHOCOLATES SDN BHD), REPRESENTING 27.75% OF THE TOTAL SHARE CAPITAL IN FGC, TO FUJI OIL ASIA PTE. LTD. FOR A TOTAL CONSIDERATION OF RM32MILLION

Sc Hew

43 posts

Posted by Sc Hew > 2020-02-27 10:54 | Report Abuse

Sales and Purchase Agreement for acquisition of 50,000 ordinary shares, representing 100% of the total registered share capital of Schokinag Holding GmbH ("Schokinag") has been executed and completed. Hence, Schokinag is considered as a wholly-owned subsidiary of GCB Cocoa Singapore Pte Ltd, a sub-subsidiary of GCB starting Q1 2020

Posted by Iam Marcusa > 2020-02-27 12:54 | Report Abuse

join boat again today, still looking good on long term. hi Agjl

kentg03

971 posts

Posted by kentg03 > 2020-02-27 16:46 | Report Abuse

Suddenly gap down. Run for ur life

keshminder

215 posts

Posted by keshminder > 2020-02-27 16:47 | Report Abuse

sad

Agjl

5,760 posts

Posted by Agjl > 2020-02-27 21:02 | Report Abuse

Iam marcusa...yes i q lower and get it. Duno whether i m fortunate or unfortunate? Time will tell

Agjl

5,760 posts

Posted by Agjl > 2020-02-27 21:03 | Report Abuse

The whole political climate is so toxic now. Basically most ppl dumb shares irregardless of fundamentals....

bagankia

126 posts

Posted by bagankia > 2020-02-27 21:49 | Report Abuse

What happened to the dip before market closing?

GooShem

1,330 posts

Posted by GooShem > 2020-02-27 22:38 | Report Abuse

corona

Posted by investortrader88 > 2020-02-28 09:21 | Report Abuse

free fall.i n eed to find bullet to top up !

Agjl

5,760 posts

Posted by Agjl > 2020-02-28 09:37 | Report Abuse

Good oportunity. Top up warant

Posted by investortrader88 > 2020-02-28 09:45 | Report Abuse

done top up RM 2.66 !

Sc Hew

43 posts

Posted by Sc Hew > 2020-02-28 10:43 | Report Abuse

good counter to hold for long term

longranger

220 posts

Posted by longranger > 2020-02-28 11:37 | Report Abuse

anybody has a goid guess why drop so drastic and continuous? German deal blow?

longranger

220 posts

Posted by longranger > 2020-02-28 11:42 | Report Abuse

back to ex price in just a week

Agjl

5,760 posts

Posted by Agjl > 2020-02-28 11:46 | Report Abuse

Free fall

Agjl

5,760 posts

Posted by Agjl > 2020-02-28 11:47 | Report Abuse

Panic

longranger

220 posts

Posted by longranger > 2020-02-28 11:48 | Report Abuse

durian runtuh!!!

Agjl

5,760 posts

Posted by Agjl > 2020-02-28 11:49 | Report Abuse

Quick pick durian

longranger

220 posts

Posted by longranger > 2020-02-28 11:50 | Report Abuse

musang king everywhere

Jengacam2

523 posts

Posted by Jengacam2 > 2020-02-28 11:56 | Report Abuse

musang king

Agjl

5,760 posts

Posted by Agjl > 2020-02-28 12:00 | Report Abuse

Anything is possible...

Jengacam2

523 posts

Posted by Jengacam2 > 2020-02-28 12:01 | Report Abuse

lailai, i q RM0.90

Agjl

5,760 posts

Posted by Agjl > 2020-02-28 12:09 | Report Abuse

Those have capital this is golden oport

Agjl

5,760 posts

Posted by Agjl > 2020-02-28 12:09 | Report Abuse

Q 95 also done.:(

Agjl

5,760 posts

Posted by Agjl > 2020-02-28 12:09 | Report Abuse

Q mother 2.35 also done. I tot i was just fishing. Now time to get scare

longranger

220 posts

Posted by longranger > 2020-02-28 12:17 | Report Abuse

Agjl , you sharp and brave. !

longranger

220 posts

Posted by longranger > 2020-02-28 12:33 | Report Abuse

those musang king must be from margin call

Agjl

5,760 posts

Posted by Agjl > 2020-02-28 12:43 | Report Abuse

Longranger....hi bro, pls dun say tat. I neither sharp nor brave. I m just bottom fishing and never thought the price i q can be done. And end up was all done. So now time to get scare:(

Moon

62 posts

Posted by Moon > 2020-02-28 12:50 | Report Abuse

What happen to this counter?

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