GUAN CHONG BHD

KLSE (MYR): GCB (5102)

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Last Price

2.86

Today's Change

+0.07 (2.51%)

Day's Change

2.78 - 2.92

Trading Volume

3,584,700


13 people like this.

4,202 comment(s). Last comment by KingKKK 4 days ago

Realrich

1,310 posts

Posted by Realrich > 2024-01-15 12:04 | Report Abuse

Can buy more?

Nepo

3,300 posts

Posted by Nepo > 2024-01-15 12:47 | Report Abuse

分小段进货就好了。

Realrich

1,310 posts

Posted by Realrich > 2024-01-16 15:37 | Report Abuse

Rebound omg I no yet buy

INVEST_AA

502 posts

Posted by INVEST_AA > 2024-01-16 23:05 | Report Abuse

Still on time to collect… it’s matter of time the big boys coming in…

WhiteWolf

51 posts

Posted by WhiteWolf > 2023-11-28 07:48 | Report Abuse

Pros. If you value this counter, now is time to collect. Cocoa price pressing counter down, but what goes up will come down (eventually). And I like the idea how this company has expanded and scaled up

Cons
Damn highly leveraged. Financial health is such that IF anything major goes wrong, struggles ahead. Damn dicey.

Any other upside?

Nepo

3,300 posts

Posted by Nepo > 2024-01-17 13:06 | Report Abuse

wondering this company management trustable, or not?
if trustable then it is worth to collect at this price

Posted by Surewinbig > 2024-01-17 20:42 | Report Abuse

Now look like no share can trust. Management is put their own interest more than the shareholders interest

Posted by Fabien _the efficient capital allocator > 2024-01-17 20:59 | Report Abuse

Stay chill and eat dark chocolate. Dark chocolate is rich in minerals, such as iron, magnesium, and zinc. it can have various health benefits, including reducing inflammation and decreasing the risk of heart disease.

jackjason

156 posts

Posted by jackjason > 2024-01-17 22:51 | Report Abuse

current year the operation cash flow recorded negative inflow and borrowing increase.

jackjason

156 posts

Posted by jackjason > 2024-01-17 22:58 | Report Abuse

all the borrowing in foreign currency, if ringgit weaken another 5%, whole year profit gone.

Realrich

1,310 posts

Posted by Realrich > 2024-01-18 07:12 | Report Abuse

Look like going to 1.2 so many foreign debts and RM continue drop

WhiteWolf

51 posts

Posted by WhiteWolf > 2024-01-18 09:32 | Report Abuse

Borrowings in foreign currency. Bad.

But sales also in foreign currency. Good.

Nepo

3,300 posts

Posted by Nepo > 2024-01-18 11:09 | Report Abuse

RM1.20 worth to collect world 4th largest cocoa manufacturing co.
the question is do i have the chance to collect at this yummy price..

Realrich

1,310 posts

Posted by Realrich > 2024-01-18 12:17 | Report Abuse

Nepo on down trend to 1.20 ready your fun standby to buy 1.20

jackjason

156 posts

Posted by jackjason > 2024-01-18 20:52 | Report Abuse

1.20 is attractive price to buy in 😁😁😁😁

Posted by Harimaugajah > 2024-01-20 11:22 | Report Abuse

Cocoa all time high close yesterday 🥲

speakup

25,091 posts

Posted by speakup > 2024-01-20 13:18 | Report Abuse

Cocoa is the raw material for GChong. The use cocoa to make chocolate.
If raw material price go up, their profits will be less

Realrich

1,310 posts

Posted by Realrich > 2024-01-21 11:39 | Report Abuse

Oh no wonder drop so fast from Rm2. 2 to Rm 1.6. Raw material price up people don't buy chocolate. I think I wait 1.20 to buy some keep long time

Markv572421

3,050 posts

Posted by Markv572421 > 2024-01-22 14:32 | Report Abuse

when can get 1.20 ?

Posted by Harimaugajah > 2024-01-23 21:33 | Report Abuse

Oh my, US cocoa shooting above the roof🥲

INVEST_AA

502 posts

Posted by INVEST_AA > 2 months ago | Report Abuse

Don’t worry Gcb has hedging … and they r close to source

Posted by Harimaugajah > 2 months ago | Report Abuse

😲 OMG, US cocoa breaks 5k

speakup

25,091 posts

Posted by speakup > 2 months ago | Report Abuse

Aduh! Will next Q be a loss?

Posted by Maxlim2000 > 2 months ago | Report Abuse

price in

Posted by Harimaugajah > 2 months ago | Report Abuse

Aiyoh, US cocoa hit 5.8k. 😋

jackjason

156 posts

Posted by jackjason > 2 months ago | Report Abuse

cocoa price shoot up crazy, if the price still maintain USD5k for long run it will affect the GCB profit margin.

jackjason

156 posts

Posted by jackjason > 2 months ago | Report Abuse

expected this year cocoa supply shortage will widen 😁😁.

hhhiii123

694 posts

Posted by hhhiii123 > 2 months ago | Report Abuse

I wonder how is the qr, because if co. do buy forward contract to cover cost, their qr will be a shocked

jackjason

156 posts

Posted by jackjason > 2 months ago | Report Abuse

based on the track record commented by major cocoa producer when cocoa price become expensive, the market demand will drop around 15% on cocoa products. Be smart and invest in the right time. 😊😊

INVEST_AA

502 posts

Posted by INVEST_AA > 2 months ago | Report Abuse

According to news (thestar 14/2/24), Chocolate makers had been passing the rising costs on to consumers without losing much demand.

Posted by Harimaugajah > 2 months ago | Report Abuse

Aiyoh, cocoa US &. UK. Shooting to the sky

Posted by Stevecheahsw > 2 months ago | Report Abuse

Today cocoa price shooting up to 6,343.50, Fuiyoooo……

Posted by Lee Ying Yee > 2 months ago | Report Abuse

c 7090

Posted by Lee Ying Yee > 2 months ago | Report Abuse

halt year up to7090 from 3500 . will drop

jamestecs

190 posts

Posted by jamestecs > 2 months ago | Report Abuse

The goreng2 group wanna break world record, 10k on the way.

Posted by Lee Ying Yee > 2 months ago | Report Abuse

7344 now

Xcalibre

486 posts

Posted by Xcalibre > 2 months ago | Report Abuse

Price has taken into account the cocoa prices

jackjason

156 posts

Posted by jackjason > 2 months ago | Report Abuse

stay aside since cocoa supply still expect shortage in year 2024. monitor on second half of 2024.

Xcalibre

486 posts

Posted by Xcalibre > 2 months ago | Report Abuse

Share Price has reflected much of the cocoa prices already.

Also sizeable of their revenue is in Usd which maybe beneficial as USD strengthen against RM… hence better income

Realrich

1,310 posts

Posted by Realrich > 2 months ago | Report Abuse

Qr results is bad. Profit drop a lot.

firehawk

4,771 posts

Posted by firehawk > 2 months ago | Report Abuse

Q423 (m)
Revenue 1801 (1131 -2022)
Op profit 78.76 (50.26 -2022)
Financial cost -48.91 (-19.78 -2022)
Taxation -16.73 (-11.87 -2022)
Hedge of net investment i foreign op -1.99 (+14.64 -2022)
Others -2.73 (+1.98 -2022)
Profit 15.25 (18.78 -2022)
Debt 2182 (1161 -2022)



firehawk

4,771 posts

Posted by firehawk > 2 months ago | Report Abuse

Financial cost increase 28.83m, Hedge of net investment in foreign operation difference 16.63m.

firehawk

4,771 posts

Posted by firehawk > 2 months ago | Report Abuse

Debt increases to 2.182b from 1.161b one year ago

punpipi

41 posts

Posted by punpipi > 1 month ago | Report Abuse

Apparently the highest cocoa price goes, the higher revenue GCB received. Next stop is 10k cocoa price, GCB can receive more highest revenue then.

Posted by HumbleTraderx > 1 month ago | Report Abuse

The increase in inventory level should be the indicator that they're well prepared in term of managing the supply issue

Posted by Lee Ying Yee > 1 month ago | Report Abuse

cocoa 6900 will drop back 4500 ???

8u29song

2,592 posts

Posted by 8u29song > 1 month ago | Report Abuse

koko price reversal to continue ???

8u29song

2,592 posts

Posted by 8u29song > 1 month ago | Report Abuse

up...

8u29song

2,592 posts

Posted by 8u29song > 1 month ago | Report Abuse

yes...cocoa price to fall...

8u29song

2,592 posts

Posted by 8u29song > 1 month ago | Report Abuse

up up...........

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