GUAN CHONG BHD

KLSE (MYR): GCB (5102)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

2.80

Today's Change

-0.03 (1.06%)

Day's Change

2.80 - 2.85

Trading Volume

403,100


13 people like this.

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

mfmqqq

211 posts

Posted by mfmqqq > 2016-01-14 16:38 | Report Abuse

Write a comment..recommended trading buy..tp2.11....higher profit for 2015....buy..gd luck

mfmqqq

211 posts

Posted by mfmqqq > 2016-01-14 16:42 | Report Abuse

trading buy..buy ..maintain tp2.11

cstrader

937 posts

Posted by cstrader > 2016-01-14 21:56 | Report Abuse

New high today - good technical :-)

cstrader

937 posts

Posted by cstrader > 2016-01-14 21:57 | Report Abuse

Warrant now undervalue - should be .22 cents, somebody blocking increase.

mfmqqq

211 posts

Posted by mfmqqq > 2016-01-15 08:53 | Report Abuse

strongly recommended trading buy..tp2.11 fair value still maintain...buy

chantp88

49 posts

Posted by chantp88 > 2016-01-15 09:35 | Report Abuse

warrant good to collect if you are thinking of converting to mother share... expire date in Feb 2016

alphajack

3,685 posts

Posted by alphajack > 2016-01-15 09:43 | Report Abuse

heard that profits more than double last quarter..will see close to RM2 by end of this month for sure

Warrants 35-40c before expiration

BUYYYYYYYYYYYYYYYYYYYYYYYYYYYY

sengkee

2,060 posts

Posted by sengkee > 2016-01-15 09:48 | Report Abuse

Avoid buying the warrant now. Going to expire in 2 weeks time.

murali

5,723 posts

Posted by murali > 2016-01-15 10:00 | Report Abuse

Posted by alphajack > Jan 15, 2016 09:43 AM | Report Abuse

heard that profits more than double last quarter..will see close to RM2 by end of this month for sure

Warrants 35-40c before expiration

BUYYYYYYYYYYYYYYYYYYYYYYYYYYYY

Senior ConTrader cari makan now....

murali

5,723 posts

Posted by murali > 2016-01-15 10:02 | Report Abuse

Senior Con Trader yr Comcorp cut loss oredi? TP RM1.50 leh?

Gekko

47 posts

Posted by Gekko > 2016-01-15 10:24 | Report Abuse

360Capitalist GCB : The Darling of Bursa Malaysia In 2016

1) The raw material Cocoa price dropped from USD3400 to 2860 per MT or 12 %, based on the chart the cocoa price will drop further to USD2400 level. The material cost saving will translate into RM70Mil saving based on last quarter Sales of RM700Mil.
http://www.nasdaq.com/markets/cocoa.aspx?timeframe=1y

2) Barry Callebaut to close Thai cocoa plant, cuts Malaysian capacity
This will further boost GCB market share in SEA with quarterly sales jumped from RM564mil to RM700mil. Currently, the production is running at full capacity.
http://www.reuters.com/article/barry-calle-cocoa-asia-idUSL1N12Z24T20151104

3) Strong USD will further improve the profit margin of GCB as 90% of revenue from export markets.

Based on number of shares issued of 476mil, and annual sales projection of RM 2.8 Billion or RM700mil per Quarter, we should foresee quarterly profit hitting RM100mil / EPS 21 cts for Q1, 2016 or annual profit of RM400mil with EPS per annuam at 80 Cts.

Target Price : RM8.00 within 12 to 18 months.
13/01/2016 17:28

i4investor

2,797 posts

Posted by i4investor > 2016-01-15 11:35 | Report Abuse

TP 8!!!
I sapu 1.60, 60'000 shares $96K
wish me good luck...

8.00 * 60'000 = $480K

400%

i4investor

2,797 posts

Posted by i4investor > 2016-01-15 11:36 | Report Abuse

within one year...can be half millionaire :)

sarahdeaton

1,609 posts

Posted by sarahdeaton > 2016-01-15 11:36 | Report Abuse

woa...i buying. wait for me.

traderman

7,854 posts

Posted by traderman > 2016-01-15 11:39 | Report Abuse

u buy 1.6 ? good luck

insiders all sell down from 1.64-1.6 ... i think later will close 1.58 and u paper loss 1.2k first

tjhldg

27,218 posts

Posted by tjhldg > 2016-01-15 11:41 | Report Abuse

ooo ... takut lo ni macam ....hahahahahaah ..i

i4investor

2,797 posts

Posted by i4investor > 2016-01-15 11:51 | Report Abuse

TP 8.00 leh, so...have big room to shoot up

murali

5,723 posts

Posted by murali > 2016-01-15 12:00 | Report Abuse

I heard Rosmah will takeover the co, after she acquired Foh San Dim Sum in Ipoh....TP RM80!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

murali

5,723 posts

Posted by murali > 2016-01-15 12:03 | Report Abuse

If u are wearing underwear (if lah), quick quick go to Kedai Pajak kasih gadai yr underwear, kasih hentam semua at GCB n GCB-WA!!!

murali

5,723 posts

Posted by murali > 2016-01-15 12:03 | Report Abuse

Posted by Gekko > Jan 15, 2016 10:24 AM | Report Abuse

360Capitalist GCB : The Darling of Bursa Malaysia In 2016

1) The raw material Cocoa price dropped from USD3400 to 2860 per MT or 12 %, based on the chart the cocoa price will drop further to USD2400 level. The material cost saving will translate into RM70Mil saving based on last quarter Sales of RM700Mil.
http://www.nasdaq.com/markets/cocoa.aspx?timeframe=1y

2) Barry Callebaut to close Thai cocoa plant, cuts Malaysian capacity
This will further boost GCB market share in SEA with quarterly sales jumped from RM564mil to RM700mil. Currently, the production is running at full capacity.
http://www.reuters.com/article/barry-calle-cocoa-asia-idUSL1N12Z24T20151104

3) Strong USD will further improve the profit margin of GCB as 90% of revenue from export markets.

Based on number of shares issued of 476mil, and annual sales projection of RM 2.8 Billion or RM700mil per Quarter, we should foresee quarterly profit hitting RM100mil / EPS 21 cts for Q1, 2016 or annual profit of RM400mil with EPS per annuam at 80 Cts.

Target Price : RM8.00 within 12 to 18 months.
13/01/2016 17:28


Keep a record first. Later can laugh or worship...c how...

traderman

7,854 posts

Posted by traderman > 2016-01-15 14:35 | Report Abuse

stop posting tp8 bla bla bla, it so misleading

Posted by chengcheekaan > 2016-01-15 14:42 | Report Abuse

some people thought copy pasting some info here, then can simply put some TP.

traderman

7,854 posts

Posted by traderman > 2016-01-15 15:08 | Report Abuse

even can go to 8, u think u can keep till 8 ? at 2 all people also run already.

Loopie

86 posts

Posted by Loopie > 2016-01-15 15:23 | Report Abuse

@traderman, good deal for running 2... very rare people would wait from current price until TP8... and even if there is.. is this TP8 attainable within 12-18months?..

i4investor

2,797 posts

Posted by i4investor > 2016-01-15 16:34 | Report Abuse

sigh...kena trap...is TP 8 realistic?

traderman

7,854 posts

Posted by traderman > 2016-01-15 16:36 | Report Abuse

cut now. monday 1.45

suregoup

240 posts

Posted by suregoup > 2016-01-15 17:07 | Report Abuse

Panic selling

suregoup

240 posts

Posted by suregoup > 2016-01-15 17:07 | Report Abuse

Mother Share is still gg strong. Will rebound next week.

suregoup

240 posts

Posted by suregoup > 2016-01-15 17:08 | Report Abuse

360 Capital , waiting for more update from you.

traderman

7,854 posts

Posted by traderman > 2016-01-15 17:15 | Report Abuse

haha 360 capital cost price is only 1.35, at current price he still paper earn 21 cent compare people i4 which suffer 2.4k losses now. in chinese we call it up car already

Posted by 360Capitalist > 2016-01-15 17:54 | Report Abuse

RM1.35, 1.60, 1.80, 2.10... whatever as long as you treat it as investment and not for contra play, you will still making good profit.

alibabacoming

3,466 posts

Posted by alibabacoming > 2016-01-15 17:57 | Report Abuse

good counter just keep.

DK122

169 posts

Posted by DK122 > 2016-01-15 18:05 | Report Abuse

360 Capitalist still gt 1million share bintai....waiting for u news =)

Posted by 360Capitalist > 2016-01-15 18:19 | Report Abuse

haha... good.. very soon...

cstrader

937 posts

Posted by cstrader > 2016-01-15 22:35 | Report Abuse

Be cool it's a tug a war. They are not giving up holding above 1.60 to keep the warrant 'alive' So can make short term money. Buy at this level and average down to 1.50

nekosan

3,637 posts

Posted by nekosan > 2016-01-16 10:14 | Report Abuse

market is very bad. with US plunge near 400, monday expect GCB to open 1.5 and close 1.45

Alpha Trader

1,983 posts

Posted by Alpha Trader > 2016-01-16 10:20 | Report Abuse

Heard next quarter result swill be RM50m, that means can go to 2.50

nekosan

3,637 posts

Posted by nekosan > 3 days ago | Report Abuse

oh, another heard analysis. conman spotted. alpha trader famous in deleting comments .. especially in pmetal thread last time.

Alpha Trader

1,983 posts

Posted by Alpha Trader > 2016-01-16 10:34 | Report Abuse

lol, see 2 believe! don't be silly i recommended superman and myeg, both up like crazy, warrants gain about 300%, check back my comments before claiming sheet, ifca too 300%, not gonna brag here

nekosan

3,637 posts

Posted by nekosan > 2016-01-16 10:37 | Report Abuse

yes, because you only delete comments if the share price no up after your recommendation.
superman and myeg move up by operators when sentiment is good, if a newbie call it at the right time, he also think himself a god.

Alpha Trader

1,983 posts

Posted by Alpha Trader > 2016-01-16 10:40 | Report Abuse

haha, jokers, no time to entertain, i didnt delete single comments, please track closely, i am not alpha jack, don't mistaken silly kid

traderman

7,854 posts

Posted by traderman > 2016-01-16 13:08 | Report Abuse

Alpha trader curious where you heard the earning? Is it in mamak stall or bursa toilet?

cstrader

937 posts

Posted by cstrader > 2016-01-16 17:42 | Report Abuse

I believe alpha trader got good insider contacts :-) No wonder the stock keep getting new highs.

alphajack

3,685 posts

Posted by alphajack > 2016-01-16 18:16 | Report Abuse

2 ringgit coming before CNY. see to believe

cstrader

937 posts

Posted by cstrader > 2016-01-16 18:31 | Report Abuse

We have both Alpha's here. Good track record and many followers. Sure next week rebound strongly. And too late for some to chase :-)

cstrader

937 posts

Posted by cstrader > 2016-01-16 20:53 | Report Abuse

Hot from the pan - Just confirmed Alpha Trader is correct, ' financial position of the company OK, company profit highly dependent on cocoa. GCB can rake in huge profit if make the right call on commodity future contract. Judging from the price trend, the coming quarter results should be extraordinary! Also the weak Ringgit which has caused other export oriented companies to soar - GCB market price has yet to price in the weak ringgit. It's just beginning to be on the radar screen of institutions. Note insiders buying !!!

cstrader

937 posts

Posted by cstrader > 2016-01-16 20:56 | Report Abuse

My 2 cents worth from viewpoints and research gathered from investors. Good things and good news must be shared. So that we can together unveil gems from the noise all over the place. Just like what we would say - watch if you don't want to be in :-)

Posted by 360Capitalist > 2016-01-16 22:31 | Report Abuse

GCB is another TopGlove in making, huge potential and don't miss the golden opportunity to own more GCB shares.

1) Industry Leader
Size does matter, TopGlove is biggest gloves maker in the world while GCB is top 5 cocoa powder grinder with annual capacities of 200,000 metric tonnes.
2) Sales Revenue
The Quarterly Sales for both companies is around RM700 million to RM800 million for most recent quarter or with annual sales around RM2.8 Billion. 90% of sales are cater for export markets. The huge sales and volume are key to achieve economy of scale and profitability.
3) Foreign Exchange Gain
Strong US$ will be a favorable factor for both companies to improve the profitability via foreign exchange gains. At least we will see strong dollars for 2016/2017, hence these 2 companies will chalk up good profit for 2016/17 as all the sales are denominated in USD.
4) Raw Material Cost (Commodity)
Low raw material prices is key driver to boost the profit margin of the company. Rubber/Latex prices had been dropping more than 50%. For GCB, we start to see positive signs with cocoa beans price dropping around 12% from December 2015. This will be major driver to improve the company profit and fat margin.
5) Profit > Spectacular Share Price Performance
TopGloves' share price double within 3 months plus from August after results being announced. while GCB share price double within 2 month after quarterly result announced on end November 2015. The key driver for the share prices is Earning Growth.

f4f4

35 posts

Posted by f4f4 > 2016-01-16 23:20 | Report Abuse

If like this warrant is good weapon to collect gcb share and to be major shareholder.

cstrader

937 posts

Posted by cstrader > 2016-01-16 23:27 | Report Abuse

Top glove market cap 8.6 billion ringgit. GCB market cap 0.75 billion ringgit - room to grow as it pales in comparison with Top Glove. Even 1.5 billion ringgit will cause it's share price to be 3.12 easily. Even if we discount 30% - target price should be 2.18 !!!

Post a Comment
Market Buzz