Posted by 8u29song > 1 month ago | Report Abuse

long time no see...your beautiful catwalk..

Posted by EngineeringProfit > 1 month ago | Report Abuse

I'm back too, guys!!

Posted by bose00 > 1 month ago | Report Abuse

Reversal pattern ka!

Posted by 8u29song > 1 month ago | Report Abuse

up up up....3 days 30 sen...next..

Posted by 8u29song > 1 month ago | Report Abuse

today still strong with vol...some profit take ...steady...

Posted by bose00 > 1 month ago | Report Abuse

smart money entry !

Posted by yyt1 > 1 month ago | Report Abuse

EPF in cahoots with BOD manipulate GCB prices despite poor outlook. Sustainable ?

Posted by Bursino > 1 month ago | Report Abuse

This is a serious allegation.

Posted by jackjason > 1 month ago | Report Abuse

Cocoa supply still shortage and now shoot up USD7k.

Posted by jackjason > 1 month ago | Report Abuse

take profit and waiting price adjust down

Posted by 8u29song > 1 month ago | Report Abuse

chocolate manufacturers are to use lesser cocoa ingredients but dairy products and will continue to do so.....white chocolates taste better indeed...no worry

Posted by jackjason > 1 month ago | Report Abuse

consumer will run away if chocolate manufacturer reduce the cocoa ingredients , taste change. Cocoa is major ingredient Chocolate with less cocoa it become candy sweet. 🤣🤣

Posted by bose00 > 1 month ago | Report Abuse

Collect bit by bit frm $1.6x for mid-long term investment.

Posted by EngineeringProfit > 1 month ago | Report Abuse

I oso got curi2 colllek...hehe

Posted by Harimaugajah > 1 month ago | Report Abuse

Cocoa shooting to the moon. No Cocoa beans , very bad for GCB

Posted by 8u29song > 1 month ago | Report Abuse

steady lagi...

Posted by 8u29song > 1 month ago | Report Abuse

white choc the best and most welcome....

Posted by 8u29song > 1 month ago | Report Abuse

strong buy

Posted by EngineeringProfit > 1 month ago | Report Abuse

Huat

Posted by 8u29song > 1 month ago | Report Abuse

wow...white chocolate is good ...202

Posted by bose00 > 1 month ago | Report Abuse

today's lunch menu is choc theme

Posted by bose00 > 1 month ago | Report Abuse

am very happy if today can closed above 2.05

Posted by 8u29song > 1 month ago | Report Abuse

207

Posted by kokchengkai > 1 month ago | Report Abuse

Harimaugajah
Plx look at their latest QR report , in the current aset column "Inventory " plx read the number and comparation then u will know what happen now . hehehe.

Posted by EngineeringProfit > 1 month ago | Report Abuse

Lai.............lai............lai.......................

Big or small?

Posted by EngineeringProfit > 1 month ago | Report Abuse

Taek some first- up so much oredi

Posted by 8u29song > 1 month ago | Report Abuse

thinking of take profit b4 afternoon session

Posted by 8u29song > 1 month ago | Report Abuse

ok 207

Posted by EngineeringProfit > 1 month ago | Report Abuse

Yum....cheers!

Posted by hhhiii123 > 1 month ago | Report Abuse

Bravo, so strong

Posted by EngineeringProfit > 1 month ago | Report Abuse

Just keep some free tickets will do for me. Cheers!

Posted by bose00 > 1 month ago | Report Abuse

Very happy close above 2.05

Posted by bose00 > 1 month ago | Report Abuse

Analyst tp 2.7-3.x ~ more upside to go.

Posted by EngineeringProfit > 1 month ago | Report Abuse

Cheers!!

Posted by kokchengkai > 1 month ago | Report Abuse

Guan Chong’s factories are still running and it is “comfortably” and “sufficiently” covered for the rest of the year, Tay said. But it’s continuously checking with suppliers to ensure deliveries, and also looking for more beans to avoid situations like contract defaults, he said.

Posted by Nepo > 1 month ago | Report Abuse

Then the question is if contract default, how gcb factories going to operate..?
It likes saying he also not confirm what future is going to be..

Posted by 8u29song > 1 month ago | Report Abuse

so, the directors, Tay and Hia....make a lot monies liao lor....

Posted by Nepo > 1 month ago | Report Abuse

no enough cocoa, factories cannot run, i.e less chocolate, how to make money..?

Posted by Fabien _the efficient capital allocator > 1 month ago | Report Abuse

GCB grinds beans and sell to end consumer (e.g. Hershey). Naturally, high cocoa bean prices will impact their grinding margin.

Unfortunately, cocoa prices may potentially to go higher due to combination of few factors:
1) 60% of cocoa beans came from west africa (Ghana, Ivory Coasts, Nigeria, Cameroon)
2) there has been very little planting in these countries for the last few years. The trees are very old and producing less and less. Also, old trees are sensitive to bad weather and disease. which currently impacting the production yield severely, due to bad weather and prevalent of disease. especially the disease/virus more widespread in Ghana and Ivory Coast.

Low planting also is a structural issue faced by agri farmers all over the world. Poor pay disincentives human labour to invest and involved in agriculture.
3) New regulation from EU on deforestation which means that beans that have been produced in new planted area cannot go into Europe.

Good news is, if you look at GCB balance sheet. Their inventories went up by 75% to RM2.8bil which means GCB had restocked significantly at much lower prices.

Last quarter, they did a record quarterly revenue of RM1.8bil. Highest ever revenue which means the business is growing and they were able to raise higher selling prices.

Let's look at the end consumer Hershey. In their latest 2024 outlook, the company still expects sales to grow 2-3% in 2024 which means demand still robust despite the higher prices.

End of day, weigh your own risk and reward and invest wisely. Cheers!

Posted by 8u29song > 1 month ago | Report Abuse

woow....never expect so strong...not long ago dropped till 1.5x.....dont be trapped...

Posted by 8u29song > 1 month ago | Report Abuse

EU ?? what about selling of life killing weapons to all over the world !!

Posted by speakup > 1 month ago | Report Abuse

Ada org goreng ni. SC/Bursa mesti siasat

Posted by bose00 > 1 month ago | Report Abuse

go siasat GCB QR report & Analyst view of GCB and you'll find something interesting la ..

Posted by ericlee18 > 1 month ago | Report Abuse

glove mania 2.0 just started......

Posted by Agjl > 1 month ago | Report Abuse

High inventory at lower cost mean of they increase the selling price, margins will improve

Posted by kokchengkai > 1 month ago | Report Abuse

Nepo u telling the key point ,no cocoa factory cannot run so cannot make money ,this is why other factory is going to shut down temporary in the period .
but GCB now is they have cocoa and factory keeping running ,and customer forcing to buy ingredient from them although the price is markup more higher and the price is unusual expensive..
now the business is like this ..u buy or not??if u dun buy other ppl wil buy ,or ur cake shop ,cookies factory ,chocolate drinks factory all close ..u wan close or not?hehehe

Posted by paktua73 > 1 month ago | Report Abuse

wow tiba2 jer mencanak?
paktua tak sempat nak jump in woor


tut tut
come joined paktua swing team..
sent request at tele @swingdarkred73

Posted by rr88 > 1 month ago | Report Abuse

Sold 2.23. See money take money.
Chart resistance here.

Posted by Xcalibre > 1 month ago | Report Abuse

Guan Chong hunts for beans amid supply panic

“Everybody is panicking,” Brandon Tay Hoe Lian, chief executive officer of the firm, said in an interview in Kuala Lumpur. Prices are going higher every day, but the beans are not coming, he said. “We not only have to fight for beans, we’re also paying premiums.”

THE GLOBAL SHORTFALL OF BEANS MEAN ITS STARTING TO LIMIT SALES!

IT WILL BE DOUBLE WHAMMY FOR GCB, HIGH COCOA BEAN COST AND LOWER SALES…! RECIPE FOR VERY POOR PERFORMANCE

https://theedgemalaysia.com/node/705339

Posted by kl_guy > 1 month ago | Report Abuse

when bad news out , share move up . target 2.70 before coming down.