GUAN CHONG BHD

KLSE (MYR): GCB (5102)

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Last Price

2.71

Today's Change

-0.02 (0.73%)

Day's Change

2.68 - 2.76

Trading Volume

7,362,100


13 people like this.

4,201 comment(s). Last comment by henghengheng 2 days ago

goody99

1,760 posts

Posted by goody99 > 2022-06-07 09:31 | Report Abuse

I did some research during the weekend. Looks like they will get the benefit of their expansion starting next year. Possible its share price will move now. Good luck!

Posted by NoobRookie > 2022-06-07 11:49 | Report Abuse

any news?

goody99

1,760 posts

Posted by goody99 > 2022-06-07 22:22 | Report Abuse

I am able to read the 2 analyst reports below, the annual report and also the latest QR report.

Here is the summary:
We remain optimistic on Guan Chong’s medium-to-longer term outlook with its future growth underpinned by:
i) EBITDA yield improvement as freight rates gradually ease;
ii) recovery in cocoa butter ASP to be bolstered by demand revival for upmarket chocolates; and
iii) overseas expansion plan.

Guan Chong - Solid Margin Recovery Amid Growing Demand
https://klse.i3investor.com/web/blog/detail/rhbinvest/2022-05-31-story-h1624138662-Guan_Chong_Solid_Margin_Recovery_Amid_Growing_Demand

Guan Chong - An affordable luxury
https://klse.i3investor.com/web/blog/detail/AmInvestResearch/2022-05-31-story-h1624138723-Guan_Chong_An_affordable_luxury

Nepo

3,287 posts

Posted by Nepo > 2022-06-08 10:24 | Report Abuse

Buy in NOW @ 2.58
The last chance you can buy the ticket before the ship depart.

Hurry not much time left..

Posted by MaluNegaraKu > 2022-07-08 16:46 | Report Abuse

Ship departing to Holland now... Everyone please enjoy the journey

CK

269 posts

Posted by CK > 2022-07-08 17:32 | Report Abuse

Good Resurt also keep droping.......haiz....

Posted by Fabien _the efficient capital allocator > 2022-07-11 18:36 | Report Abuse

Chocolate is one of the most popular sweet treats on the planet. Global annual sales are nearing $150 billion. As consumers in developing countries acquire more wealth, chocolate consumption is rising along with it. Some estimates point to sales of cocoa products reaching $200 billion per year by the end of the 2020s — representing an average annual growth of about 5%.

As part of the consumer staple sector of the stock market, chocolate isn't the highest growth investment theme out there. However, demand for chocolate and other sweets isn't going away anytime soon. In fact, chocolate sales are still rising as consumers in developing markets join the middle class, and previously out-of-reach products such as chocolate become a more regular part of the grocery shopping list.

Posted by MaluNegaraKu > 2022-07-13 10:48 | Report Abuse

Now seem not about chocolate or not, when the share is in Malaysia, all foreigner fund run away !
We are lead by non honest leader that had zero commitment except for power and money

bzeew

316 posts

Posted by bzeew > 2022-07-20 17:10 | Report Abuse

Nice

jamestecs

190 posts

Posted by jamestecs > 2022-07-22 13:42 | Report Abuse

Come on, show your strength pull down more. Waiting

2Invest

96 posts

Posted by 2Invest > 2022-07-22 13:45 | Report Abuse

Come on Jamestecs.

Current price is very reasonable already.

Tamak is ok, jangan tamak sangat. LOL

dlau8899

915 posts

Posted by dlau8899 > 2022-07-28 16:53 | Report Abuse

2.35 ,2.45 ,2.55

dlau8899

915 posts

Posted by dlau8899 > 2022-07-29 10:35 | Report Abuse

Break 2.35 , 2.45 , 2.55

dlau8899

915 posts

Posted by dlau8899 > 2022-07-29 11:46 | Report Abuse

Break 2.35, 2.45, 2.55,2.65

dlau8899

915 posts

Posted by dlau8899 > 2022-07-29 22:35 | Report Abuse

Break 2.45 , 2.55, 2.65,2.75

Posted by MaluNegaraKu > 2022-08-02 15:19 | Report Abuse

Break 2.35, 2.25, 2.15, 2.05

VTrade

2,434 posts

Posted by VTrade > 2022-08-03 10:58 | Report Abuse

Malu sehingga jumpa nanti

Posted by MaluNegaraKu > 2022-08-10 16:48 | Report Abuse

2.25 , 2.15, 2.05 and 1.95 ....

Nepo

3,287 posts

Posted by Nepo > 2022-08-11 05:39 | Report Abuse

Headwind already gone. Come and join in the bandwagon @RM 2.25

Ham5ter

13 posts

Posted by Ham5ter > 2022-08-16 14:40 | Report Abuse

easy quarter, easy money. this counter undervalued.. just look at the revenue growth.. Ivory Coast near completion, this counter should be atleast Rm4

Brutus

295 posts

Posted by Brutus > 2022-08-17 08:09 | Report Abuse

Solid QR. Waiting for dividend to come in then convert its warrant into mother share.

dlau8899

915 posts

Posted by dlau8899 > 2022-08-17 09:21 | Report Abuse

Gcb break 2.50, 2.60, 2.70

Nepo

3,287 posts

Posted by Nepo > 2022-08-17 11:22 | Report Abuse

Guan Chong stays cautious amid rising inflation, costs
CORPORATE NEWS
Tuesday, 16 Aug 2022

1:22 PM MYT

KUALA LUMPUR: Chocolate as an affordable luxury consumer product is generally considered recession-proof, but the rising inflation and interest rates in the global economy could soften demand for the confectionery, says Guan Chong Bhd.

The cocoa manufacturer said it is staying cautious given the high energy costs in the world's economy while the latest signs of recession could have a bearish effect on chocolate demand.

"We are adopting a cautious outlook on the future prospect and are more cautious on our investment and future plan.

"The group will place focus on expanding the market of high margin industrial chocolate and the optimisation of production according to the market conditions," it said on its future plans.

Guan Chong's guidance comes following a robust result in its second quarter report, which saw revenue jump over a third to RM1.2bil.

The group's net profit was consequently higher at RM44.61mil, 22.59% improved over RM36.39mil in the same quarter last year.

Earnings per share rose to 4.22 sen as compared with 3.51 sen in the comparative quarter.


STARPICKS
Creative ways to save and still have fun
According to the group's filing with Bursa Malaysia, the 36.67% increase in turnover was mainly owing to an increase in the sales volume of cocoa butter as the previously delayed shipments were shipped out during the quarter.

It added that improved selling price for cocoa solids also contributed to the higher revenue.

In light of the performance, the board of directors declared a second interim dividend of two sen per share, going ex on Sept 14, 2022, and payable on Oct 10, 2022.

Posted by Fabien _the efficient capital allocator > 2022-08-17 22:40 | Report Abuse

GCB end the year 2021 @ RM2.80. 1H earnings increased 39.6% y-o-y.

You are getting much better value for money at current prices

dlau8899

915 posts

Posted by dlau8899 > 2022-08-18 08:32 | Report Abuse

2.60, 2.70 ,2.80

Nepo

3,287 posts

Posted by Nepo > 2022-09-06 19:54 | Report Abuse

Can this co survive through Europe energy crisis..?

Nepo

3,287 posts

Posted by Nepo > 2022-09-07 05:48 | Report Abuse

Europe energy crisis

https://www.bohaishibei.com/post/76959/

Nepo

3,287 posts

Posted by Nepo > 2022-09-07 06:19 | Report Abuse

Ha Europe countries deserve it. If your head is not big enough then wondering why you wear so BIG hat. You deserve it.

Nepo

3,287 posts

Posted by Nepo > 2022-09-08 21:21 | Report Abuse

Can buy GCB now at RM 2.33 because all bad news has been reflected in the price.

Buy in

HowAh

963 posts

Posted by HowAh > 2022-09-30 22:04 | Report Abuse

opps... now 2.19 only.... howah?

2Invest

96 posts

Posted by 2Invest > 2022-10-03 10:53 | Report Abuse

Dear HowAh.

That's very subjective question. Every investors here may have difference thought/action.

My personal view it is a buy call if you have excessive cash. But be ready for the next 2-3 years market turbulent.

Sell if you may need to use $$ that you have invested in the near future before it is too late

Nepo

3,287 posts

Posted by Nepo > 2022-10-05 12:02 | Report Abuse

most probably this share will fall below RM2..

Nepo

3,287 posts

Posted by Nepo > 2022-10-05 12:03 | Report Abuse

standby to top up at RM 1.65

jamestecs

190 posts

Posted by jamestecs > 2022-10-06 11:04 | Report Abuse

Very good offer, don't bet it.

Posted by Tangtanggood > 2022-10-11 09:21 | Report Abuse

Already buy it. Believing on its great potential

Nepo

3,287 posts

Posted by Nepo > 2022-10-11 10:10 | Report Abuse

believing is one thing..
buy at super worthy low price is another thing

Posted by Tangtanggood > 2022-10-11 12:29 | Report Abuse

@Nepo, you will buy at RM1.65?

Nepo

3,287 posts

Posted by Nepo > 2022-10-11 14:56 | Report Abuse

@Tang
Yes going to. hopefully can reach at that price

firehawk

4,771 posts

Posted by firehawk > 2022-10-11 15:59 | Report Abuse

Will buy at 1.80 :-)

Nepo

3,287 posts

Posted by Nepo > 2022-10-21 08:05 | Report Abuse

omg drop into deep deep deep steep valley.

Nepo

3,287 posts

Posted by Nepo > 2022-10-21 21:52 | Report Abuse

Can sb pull me up, in deep shxt hole, help me

Nepo

3,287 posts

Posted by Nepo > 2022-11-07 11:25 | Report Abuse

This stock is stabilizing.
Trend already reverse
The worst is over
Can buy now @2.09
Date : 7 Nov 22

Posted by Tangtanggood > 2022-11-07 13:20 | Report Abuse

@Nepo, so cannot buy at RM1.65 ady?

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