Apolloanag...fundamentally still intact. Its the overnite plunge in wall street and the corona fears that drive all the counters down world wide. Especially counters that experienced good run in the past few months...and GCB is one of them. Look at MI as well.
Apparently whatevee u eat will just come out from the other end....still no cure sir! Based on your logic, should see nestle, bfood, leong hup, teo seng bla bla bla and all the foods counters in the bursa. Pls send out the alerts to all :)))
Moneytr33....at the moment everyone is running scare. Corona, wall street melt down, and latest political shits....all points to a perfect storm. Even the bluest of the blue chip share price free falling. Look at Genting, cimb to name a few.....ppl just sell first and ask later. When in a panic market there is no limit... only when ppl start to come to senses then will stabilised. GCB had a good run in the past year. Most ppl in the position already making big gain. Thus, some may choose to take profit and thus the sharp fall
For me, i have yet to cash out since 3 years ago since i stocked up. I still believe this is the good time to load up when it drop. Anyway this is very personal. I m not promoting here nor demoting. Kindly check your own risk appetite and your holding power. At the moment many counters look like bargain. But dun forget the market may drag for quite sometime. So one must be ready to rode theu it
Investodiva....its not about liking or disliking chicolate...its about the investing environment has gotten toxic each day...the worse now besides virus will be the lust of power in our goverment that ripple the financial market. Everyone is running scare.../
I like this counter v much! Remember tis is gud 2 buy on dips. when i call omesti, solid, cck, opensys and more recently Btech. No 1 believe. This is next big one! Collect when dropping ma not when running. Don’t believe will miss out again wan! Check out my comments la, no bluff u 1
Covid-19 make economy slown down fundamental company metamorphism ,expect local and foreign funds money would not flow in big cap and mid cap stock because everybody scare buy high losses money . In this few month expect Funds manager money would flow out in bigcap and midcap stocks and will short selling midcap stocks for make money so now no prospects cannot buy and hold . market stock RM5.00 drop to RM 2.00 ,followed RM2.00 drop RM1.00,followed RM1.00 drop to 50 cent,followed 50 cent drop to 20cent ,followed 20 cent drop to 10cent ,followed 10cent drop to bottom. This is a opportunity markets money no longer will flows in cheaper stocks sharks will goreng lows price stock at bottom..
Don't worry. Once covid is over. All your panadol intake will be worthwhile. Hopefully government don't continue to add garbage to the weak market condition.
@Stevarac no one knows for sure. But it's already well margin of safety as Fair Price is current at RM3.54 calculating the EPS. A joy for Investors but a painful lesson for margin traders.
Yeah discount. When it too high already, naturally think back why while low dun enter, n hope a second chance to enter low. Of course something has to happen so this second chance that has been hoped for, can now happen.
Its natural, when drop everyone get scare and give all kind of fear story. When good time said why no drop so can collect. Its natural human reaction.
At 2.23, with eps 39 sen, u determine if its a bargain or a scam?
Rational investor will know wats best. No need to promote or demote the stock. One shld know where the values lie. Of course short term will have quite a few negatives not only domestically but globally. But all these will come to an end someday. Which day we all do not know. Could be weeks mths or years. Your guess is as good as mine.
When all dust settled, what level GCB will be at? And start chasing high again? We all know the scenario. Needless to say more....aviation, gaming will be hardest hit.
Ao folks, all the best, brace for the hard time and preparing for the best to come! Cheers
Chocolate products and derivatives will take a hit. Especially with ban of large gathering, FIFO only for GCB. Exited 2.1 bought at 1.9. Now going to hide until market become rational again.
Latest write up includes our rationale for calling a buy on GCB.
Dear Shyityng, since our public call on GCB few weeks back it was RM1.65, market closed yesterday at Rm2.06 with a high of RM2.13. There is no incentive to trap. If you are uncertain or unsure about our articles, please feel free to study our track record.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
apolloang
18,163 posts
Posted by apolloang > 2020-02-28 12:52 | Report Abuse
sudah warning tak mahu dengar why complaining?