GUAN CHONG BHD

KLSE (MYR): GCB (5102)

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Last Price

3.10

Today's Change

-0.09 (2.82%)

Day's Change

3.08 - 3.23

Trading Volume

7,819,200


13 people like this.

4,211 comment(s). Last comment by henghengheng 2 hours ago

shawnlim

23 posts

Posted by shawnlim > 2020-05-20 09:59 | Report Abuse

awong3632. i guess this week. last year is 28 May

enning22

2,875 posts

Posted by enning22 > 2020-05-20 10:06 | Report Abuse

successful vaccine is being developed,covid-19 soon be behind us, consumer-market soon be normalised, good peospect in future.

awong3632

56 posts

Posted by awong3632 > 2020-05-20 10:45 | Report Abuse

shawnlim 谢谢你的回复

shawnlim

23 posts

Posted by shawnlim > 2020-05-20 11:51 | Report Abuse

warrant is cheap. Perhaps this few days it will start pick up to match mother share price.. premium -6%..

Posted by TheNobbies > 2020-05-20 13:42 | Report Abuse

warrant up 8% today, gearing 3x

dlau8899

915 posts

Posted by dlau8899 > 2020-05-20 17:03 | Report Abuse

Going up 3.00 as soon

dlau8899

915 posts

Posted by dlau8899 > 2020-05-20 23:01 | Report Abuse

Tp1:2.90 . Tp2: 3.10

Posted by pohllong > 2020-05-21 09:28 | Report Abuse

GCB good. GCB-WA even better due to its multiplier effect due to high gearing x3 .Currently undervalued. Still trading at an unusual discount recently. Normally trades at premium.
(mothershare price - exercise price) = warrant value
RM2.78 - RM1.65 = RM1.13

pixel123

15 posts

Posted by pixel123 > 2020-05-21 16:52 | Report Abuse

GCB-Wa worth RM1.25 now (RM2.90 - RM1.65). Almost 20%+++ gain if convert!

Kei2

96 posts

Posted by Kei2 > 2020-05-21 17:02 | Report Abuse

As long as the new European company doesn’t give a bad surprise, I think QR shud be 60-70mil. I hope they will give a big fat divi too. Just my thoughts.

shawnlim

23 posts

Posted by shawnlim > 2020-05-21 18:23 | Report Abuse

yes, but there have risk to convert warrant into share and credit into your account take 14 days.. not sure the mother share can remain price + 20% or not on that time.

Posted by Kon Lim Chai > 2020-05-21 22:37 | Report Abuse

price of mother share = price of warrants + conversion premium + time premium. Current situation is beneficial to holders of Mother share. just sell mother share and buy warrant simultaneously. with the extra sale proceeds to pay RM1.65. current difference of 22 sen is the profit.

Posted by Kon Lim Chai > 2020-05-21 22:43 | Report Abuse

It seems to me GCB need extra cash for operation. Other than bank borrowings, options like rights isssue and privare placement are available with new shares to be issued below market price. Inducing existing shareholders to sell mother share to exchange warrant for converdion is a source of fund raising. The reward of 22 sen or more is justifiable

thirdeye

64 posts

Posted by thirdeye > 2020-05-22 09:37 | Report Abuse

GCB is to be included in MSCI on 28 May. Foreign Funds will be buying from then on.

thumxj

33 posts

Posted by thumxj > 2020-05-22 16:36 | Report Abuse

Why GCB dropped so much?

asmpenang

73 posts

Posted by asmpenang > 2020-05-22 21:28 | Report Abuse

I'm big fan of GCB-WB. Just buy and keep. Strongly believed it will go back to Rm1.40~1.60 by next year. Just my own study and thought.

sskian

2 posts

Posted by sskian > 2020-05-29 13:31 | Report Abuse

wow results out!

marihom

162 posts

Posted by marihom > 2020-05-29 13:33 | Report Abuse

Wtf qtr report .... wow limit up jor

valuelurker

1,133 posts

Posted by valuelurker > 2020-05-29 13:38 | Report Abuse

Whackkk

gemfinder

6,880 posts

Posted by gemfinder > 2020-05-29 13:43 | Report Abuse

Got 27milion disposal gain la

marihom

162 posts

Posted by marihom > 2020-05-29 14:11 | Report Abuse

Q sell la .dont chase high ......

nick_ck

619 posts

Posted by nick_ck > 2020-05-29 14:32 | Report Abuse

Wa record result

Posted by plasticdude89 > 2020-05-29 14:42 | Report Abuse

limit up for a while for GCB-WB

Posted by investortrader88 > 2020-05-29 14:43 | Report Abuse

huat aghhhhhhhhhh. !

Lich

412 posts

Posted by Lich > 2020-05-29 15:14 | Report Abuse

disposal gain. hahaha

Posted by TheTruthHurt > 2020-05-29 15:20 | Report Abuse

Good QR, sweet dividend? Sapuuuuuu

fattmoney

62 posts

Posted by fattmoney > 2020-05-29 16:09 | Report Abuse

GCB-WB so much cheaper than mother share?

ry_1111

110 posts

Posted by ry_1111 > 2020-05-29 17:07 | Report Abuse

How u all get the QR so fast? can share me, thanks bosses

dlau8899

915 posts

Posted by dlau8899 > 2020-05-29 17:22 | Report Abuse

Good Quarter result. Tp1: 3.20 . Tp2:3.40

dlau8899

915 posts

Posted by dlau8899 > 2020-05-29 18:06 | Report Abuse

In this covid 19 situation still have good quarter result, this will be bonus for all shareholder. Will continue going up above 3.20

Posted by kylovestor > 2020-05-29 21:30 | Report Abuse

Gcb-WB is definitely a safe bet. For one the premium is low, if warrant price go up u can consider take profit, if price go down can consider convert to mother share. Plus the price usually follows the mother tightly

Posted by birkincollector > 2020-05-30 07:23 | Report Abuse

Intersting why this gem never fall under the radar of so called superinvestors

SpotOn1

158 posts

Posted by SpotOn1 > 2020-05-31 16:29 | Report Abuse

likely to test 3.26

Posted by pinnaclegrade > 2020-05-31 21:00 | Report Abuse

2.94 entry price too high already, looks like missed the boat

gemfinder

6,880 posts

Posted by gemfinder > 2020-05-31 21:06 | Report Abuse

Got 27 milion disposal gain la. If u deduct out, yoy profit is actualy down

Posted by birkincollector > 2020-05-31 21:30 | Report Abuse

even if u wanna deduct the disposal gain the results also very good considered the pandemic....and PE very low

Kei2

96 posts

Posted by Kei2 > 2020-05-31 22:35 | Report Abuse

Well if the next Q can get 55mil (grinding) 15 mil ( schokinag) = 70 mil. With a PE of 12, easily 3.3. Market should be forward looking. Give 1-2Q more. Eventually the grinding

simctgal

240 posts

Posted by simctgal > 2020-05-31 22:40 | Report Abuse

schokinag has contributed more....

Kei2

96 posts

Posted by Kei2 > 2020-05-31 22:57 | Report Abuse

@simctgal I believe that too, just being conservative to make up 65-70mil per Q. Schokinag and grinding will replace the disposal gain in coming Q. Just my opinion.

Posted by daretocutandchange > 2020-05-31 23:07 | Report Abuse

due to covid,lockdown,travel and airport ban.can gcb profit perform well for coming next few quarter?

Kei2

96 posts

Posted by Kei2 > 2020-05-31 23:18 | Report Abuse

Well what I discovered for myself is, I buy less clothes but I eat more food during these lockdown.

gemfinder

6,880 posts

Posted by gemfinder > 2020-05-31 23:22 | Report Abuse

No wonder u so fat

Kei2

96 posts

Posted by Kei2 > 2020-05-31 23:23 | Report Abuse

Hahaha. Now you know why I buy less clothes?

Posted by pinnaclegrade > 2020-06-01 09:33 | Report Abuse

peak already... all want to take profit.. entry price is very important.

Kei2

96 posts

Posted by Kei2 > 2020-06-01 17:23 | Report Abuse

Anyone still holding? Break 3.10 tomorrow?

Posted by TheTruthHurt > 2020-06-01 17:26 | Report Abuse

If during a pandemic this counter can perform. Why sell now? Seems like a keeper for a while now and high chances will be the case for the future. People are eating more chocolate during lockdown.

anneyap

1 posts

Posted by anneyap > 2020-06-01 22:09 | Report Abuse

Good arbitrage opportunity

Posted by Stevecheahsw > 2020-06-04 23:03 | Report Abuse

1,519,166 Exercise of warrant by today, WB Still have 29 month expired, company so fast to convert mother, very confident to the future!

Posted by Stevecheahsw > 2020-06-04 23:28 | Report Abuse

DBT done on 20 and 21 May 2020 with total value 680 million = 22% of total share. Who taken of this bulk shares ? got story behind oh..... stay tune.!!!

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