GLOBETRONICS TECHNOLOGY BHD

KLSE (MYR): GTRONIC (7022)

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Last Price

1.28

Today's Change

-0.01 (0.78%)

Day's Change

1.28 - 1.29

Trading Volume

49,400


14 people like this.

6,561 comment(s). Last comment by cK1973 21 hours ago

Chon888

326 posts

Posted by Chon888 > 1 month ago | Report Abuse

DickyMe, Thank you. Sorry I admit I made a mistake. The annual report is for 31-12-2021 actually.

Chon888

326 posts

Posted by Chon888 > 1 month ago | Report Abuse

GTRONIC IS SAFE AND SOUND. EVEN THE TOP NOTCHED FUND MANAGERS HAVE INVESTED IN IT.

DickyMe

12,007 posts

Posted by DickyMe > 1 month ago | Report Abuse

Yes. But I bought above 2.10 :-(

Chon888

326 posts

Posted by Chon888 > 1 month ago | Report Abuse

DickyMe, Who know one day Gtronic may rebound and surge beyond RM2.10 ? Hope for the best to come.

Posted by Derrick Gan > 1 month ago | Report Abuse

I bought at 2.15,2.09,1.46,1.36 all the way, average cost now around 1.70 , Haha...

Chon888

326 posts

Posted by Chon888 > 1 month ago | Report Abuse

Good morning everyone.

Chon888

326 posts

Posted by Chon888 > 1 month ago | Report Abuse

YES !!! LET THE SHARE PRICE KEEP GOING. MORE BUYERS THAN SELLERS SO FAR. A VERY GOOD SIGN. UP & UP ALL THE WAY.

Chon888

326 posts

Posted by Chon888 > 1 month ago | Report Abuse

THE BUYING AND SELLING VOLUMES CAN CHANGE AT ANY MOMENTS OF TIME. I MUST SAY THAT THIS IS NOT A BUY OR SELL CALL." THE DECISIONS TO BUY OR SELL ARE ALWAYS AND ENTIRELY YOURS."

Chon888

326 posts

Posted by Chon888 > 1 month ago | Report Abuse

FIRM AND STEADY

Chon888

326 posts

Posted by Chon888 > 1 month ago | Report Abuse

STRONG AND SOLID.

Chon888

326 posts

Posted by Chon888 > 1 month ago | Report Abuse

YES!!! THAT IS GTRONIC.

nhbeen

81 posts

Posted by nhbeen > 1 month ago | Report Abuse

Old man stock. Not much excitements in its business prospects. Share price moves in low and close range. Not much momentum building even though the company is making stable annual profits since listing.

Chon888

326 posts

Posted by Chon888 > 1 month ago | Report Abuse

nhbeen, Whether it is an old man or young man stock I don't mind. I would prefer it to go steadily. I would not expect it to be a roller coaster giving people heart attack or a shock of their lives ending up in the hospitals.

nhbeen

81 posts

Posted by nhbeen > 1 month ago | Report Abuse

Chon888. You have a good point. Hope it expands its business horizon soon to capture more opportunities and reflects in its share price.

Chon888

326 posts

Posted by Chon888 > 1 month ago | Report Abuse

nhbeen, Good morning . Thank you. I hope so. Wish to learn more from you.

Chon888

326 posts

Posted by Chon888 > 1 month ago | Report Abuse

KingKoil, Good morning. You have an interesting user ID named KingKoil. By the way are you selling KingKoil beds? KingKoil beds let people sleep and dream on them comfortably. But don't be a dreamer yourself and expect something ridiculous to happen. Gtronic is not KingKoil. One day, it may become the KING OF TECH STOCK. Could you expect the KingKoil bed price to fall below RM100.00? Unless is a second hand or soiled unit. You should know fully well that Gtronic is a solid blue chip supported by so many top-notch funds, not just EPF alone. You may try to study its annual report for 31-12-2021 thoroughly if you can to know even better. How can you expect it to fall to 55cent. Do you mean USD 0.50 or more than that ? Anyway, nice to have you here. Next time, hope you can contribute some useful, thought-provoking, and inspiring articles to share with us.

Collin59

37 posts

Posted by Collin59 > 1 month ago | Report Abuse

gogogo buy back share la all crypto all sell looooooooo

Chon888

326 posts

Posted by Chon888 > 1 month ago | Report Abuse

Collin59, Good morning. Like to share some good news with us?

nhbeen

81 posts

Posted by nhbeen > 1 month ago | Report Abuse

Chon888. We learn from each other as always. That is how we can improve day by day.

Chon888

326 posts

Posted by Chon888 > 1 month ago | Report Abuse

nhbeen, Yes, You are right.

Chon888

326 posts

Posted by Chon888 > 1 month ago | Report Abuse

As from the Annual report of 31-12-2021, I noted some encouraging good news. The company expected that as a result of the US China trade war, there will be outsourcing opportunities for the Malaysian companies. The newly built 25,000 square feet factory is to cater for one of these purposes. The new factory is scheduled to be completed in the first quarter of 2022. Another words, there will be more revenue and better profit for GTRONIC barring any unforeseen circumstances.

Chon888

326 posts

Posted by Chon888 > 1 month ago | Report Abuse

好消息:GTRONIC ANNUAL REPORT 31-12-21.GTRONIC (东益电子)2021年的年终營业报告发现有振奋人心的好消息.公司GTRONIC说由于中美贸易战的关係,许多马来西亚公司将会迎来"外包"订单. GTRONIC 是受惠者之一. GTRONIC 擴建的25,000平方呎厂房就是为了应付这方面一部份的需求.这间厂房预计在今年首秀完成.换句话说, GTRONIC可望今年及未来的營业额及營利将会增加到更高的水平,除非有难于预见的情况出现.

Chon888

326 posts

Posted by Chon888 > 1 month ago | Report Abuse

对不起上面所说的:
这间厂房预计今年首(秀)完成.
应该是:
这间厂房预计今年首(季)完成.
对不起,请原谅我把字打错了.

nhbeen

81 posts

Posted by nhbeen > 1 month ago | Report Abuse

Its CEO gave press briefing and highlighted that the company is focusing on commercializing its advanced sensors for various sectors. This is a positive development as automation will be intergrated into many sectors in years to come and thus sensors will play a crucial part. Positive for Gtronic.

DickyMe

12,007 posts

Posted by DickyMe > 1 month ago | Report Abuse

How did you decide that it is positive development?
What is their track record in this sensor for automation business?
You mean to say no competitors?
What is the success rate and demand for their product or is this just syiok sendiri announcement?

Chon888

326 posts

Posted by Chon888 > 1 month ago | Report Abuse

DickyMe,
Your questions are thought-provoking and interesting if we were in the same kind of business ourselves. But it is unfair for us as a layman to answer your questions such as those you have pointed out as we are not in the position to do so.especially we don't know the internal functions of the business unless we were the auditors.
Since the company's Chief Executive is so confident, he should naturally have the reasons behind to support his statements as he has many years of experience. Furthermore, Gtronic has been making profits continuously almost every year.
In any kind of business, there are bound to be competitors. either more or less.
I don't think the Chief Executive's comments are only for his self gratifications, as he is responsible to the Board of directors, the shareholders, the investors and even the staff.

DickyMe

12,007 posts

Posted by DickyMe > 1 month ago | Report Abuse

Fair enough.

nhbeen

81 posts

Posted by nhbeen > 1 month ago | Report Abuse

Chon88: Good points. DickyMe: Also good questions raised. Unless we are big time investors like those retirement fund manager or private equity firms, we could ask for a non disclosure meeting with the Company for a briefing to get a much detail company's development before committing any investment. But as a retail investor, there is/are so much information we could gather to at least reach our own view on the company. Right? Good or bad is up to one to decide.

Chon888

326 posts

Posted by Chon888 > 1 month ago | Report Abuse

Good afternoon. Nice to learn from you all. Meaningful discussions . Good view points from DickyMe and nhbee for all of us to do the brainstorming.

Chon888

326 posts

Posted by Chon888 > 1 month ago | Report Abuse

nhbeen, Sorry I just noticed that I had wrongly spelt your User ID . Should be nhbeen instead of nhbee. Once again, please excuse me for my typo.

nhbeen

81 posts

Posted by nhbeen > 1 month ago | Report Abuse

Chon888: No worry at all.

Chon888

326 posts

Posted by Chon888 > 1 month ago | Report Abuse

nhbeen, Thank you for your kindness.

nigel foo

30 posts

Posted by nigel foo > 1 month ago | Report Abuse

gtronics business is highly correlated to ams Osram. Just track ams Osram future performance and gtronics result will follow. ams Osram recently restructure their with more focus on their Kulim plant.

kysiow

8 posts

Posted by kysiow > 4 weeks ago | Report Abuse

base on gtronic quarter report their tax subsidy will expire on 30/6/2022, so anyone know gtronic got apply to extend the tax subsidy from government? what the status now?

LubeTrader

160 posts

Posted by LubeTrader > 4 weeks ago | Report Abuse

Extracted from MIDA:

Unabsorbed capital allowances incurred during the pioneer period can be carried forward and deducted from the post pioneer income of the company. Accumulated losses incurred during the pioneer period can be carried forward and deducted from the post pioneer income of the company for a period of seven consecutive years.

All's not doom and gloom for Globetronics post pioneer status.

kysiow

8 posts

Posted by kysiow > 3 weeks ago | Report Abuse

LubeTrader So what the meaning? tax insentive still can extend or not?

c2k9791

225 posts

Posted by c2k9791 > 3 weeks ago | Report Abuse

Mr KC Ng know better than us

Chon888

326 posts

Posted by Chon888 > 3 weeks ago | Report Abuse

Mr KC Ng is the Founder and the Executive Chairman. of Gtronic. Of course he knows. But he is so quiet. How to find out from him.?

cyeec2000

914 posts

Posted by cyeec2000 > 3 weeks ago | Report Abuse

agm you can ask questions from him..

KingKoil

67 posts

Posted by KingKoil > 2 weeks ago | Report Abuse

GG Tronic. Run for life. 50 cent coming

kudamuda

291 posts

Posted by kudamuda > 2 weeks ago | Report Abuse

Answered in AGM, pioneer status will not get extension.. but, they mentioned got another Grant related to IR 4.0 running in parallel.

Posted by Valuvestor > 1 week ago | Report Abuse

I notice from the annual report that the CEO is retiring and, unless I have got it wrong, will be replaced by his 38-year-old daughter. Now there are certainly cases where daughters have taken businesses to new heights (see Harvey Norman), but it does smell somewhat of nepotism. I think this lady needs to show us that she can introduce new and competitive products before we assume that the company's past achievements are any indication of its likely future performance.

azfar8

768 posts

Posted by azfar8 > 1 week ago | Report Abuse

GTRONIC want to hit 1.20 it seems

KingKoil

67 posts

Posted by KingKoil > 1 week ago | Report Abuse

DickyMe, 50 cent coming.

Posted by Skywalker00 > 1 week ago | Report Abuse

Thought bought ‘micro chips ‘.... but actually do leds... sighs ...burnt!

DickyMe

12,007 posts

Posted by DickyMe > 1 week ago | Report Abuse

:-D

cyeec2000

914 posts

Posted by cyeec2000 > 1 day ago | Report Abuse

Valuvestor: If the boards have too many old people isnt good for tech company. Retiring for young ppl is good move

cK1973

281 posts

Posted by cK1973 > 21 hours ago | Report Abuse

If dip below RM1, will be an opportunity to buy low

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