GLOBETRONICS TECHNOLOGY BHD

KLSE (MYR): GTRONIC (7022)

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Last Price

1.11

Today's Change

-0.04 (3.48%)

Day's Change

1.11 - 1.16

Trading Volume

738,200


14 people like this.

6,580 comment(s). Last comment by NatsukoMishima 1 hour ago

Chon888

435 posts

Posted by Chon888 > 2 months ago | Report Abuse

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

nhbeen

94 posts

Posted by nhbeen > 2 months ago | Report Abuse

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

Chon888

435 posts

Posted by Chon888 > 2 months ago | Report Abuse

nhbeen, Yes, You are right.

Chon888

435 posts

Posted by Chon888 > 2 months 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

435 posts

Posted by Chon888 > 2 months 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

435 posts

Posted by Chon888 > 2 months 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

94 posts

Posted by nhbeen > 2 months 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.

Chon888

435 posts

Posted by Chon888 > 2 months 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

12,006 posts

Posted by DickyMe > 2 months ago | Report Abuse

Fair enough.

nhbeen

94 posts

Posted by nhbeen > 2 months 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

435 posts

Posted by Chon888 > 2 months 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

435 posts

Posted by Chon888 > 2 months 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

94 posts

Posted by nhbeen > 2 months ago | Report Abuse

Chon888: No worry at all.

nigel foo

30 posts

Posted by nigel foo > 2 months 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 > 2 months 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

163 posts

Posted by LubeTrader > 2 months 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 > 2 months ago | Report Abuse

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

c2k9791

236 posts

Posted by c2k9791 > 2 months ago | Report Abuse

Mr KC Ng know better than us

Chon888

435 posts

Posted by Chon888 > 2 months 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

915 posts

Posted by cyeec2000 > 2 months ago | Report Abuse

agm you can ask questions from him..

KingKoil

84 posts

Posted by KingKoil > 2 months ago | Report Abuse

GG Tronic. Run for life. 50 cent coming

kudamuda

291 posts

Posted by kudamuda > 1 month 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 month 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

797 posts

Posted by azfar8 > 1 month ago | Report Abuse

GTRONIC want to hit 1.20 it seems

KingKoil

84 posts

Posted by KingKoil > 1 month ago | Report Abuse

DickyMe, 50 cent coming.

Posted by Skywalker00 > 1 month ago | Report Abuse

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

DickyMe

12,006 posts

Posted by DickyMe > 1 month ago | Report Abuse

:-D

cyeec2000

915 posts

Posted by cyeec2000 > 1 month 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

287 posts

Posted by cK1973 > 1 month ago | Report Abuse

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

KingKoil

84 posts

Posted by KingKoil > 1 month ago | Report Abuse

GG lo. Delisted soon. Not even 50 cent.

nav2kz

3 posts

Posted by nav2kz > 1 month ago | Report Abuse

A smart investor will always read the financial statement / minutes of the last AGM to understand the direction of a company. Not random users who loves to fud and create chaos, especially when there's no substance in their comments.

Posted by NatsukoMishima > 1 month ago | Report Abuse

If 50 sens i will buy 100000 units !

SvanPua

19 posts

Posted by SvanPua > 3 weeks ago | Report Abuse

Over value or undervalued ?

apple168

6,234 posts

Posted by apple168 > 3 weeks ago | Report Abuse

烂臭股,丢掉算了!

apple168

6,234 posts

Posted by apple168 > 3 weeks ago | Report Abuse

Very near to our first TP 1.20… next TP 1.00

Posted by NatsukoMishima > 3 weeks ago | Report Abuse

80 sens better lah apple 168 !

skl_81

175 posts

Posted by skl_81 > 2 weeks ago | Report Abuse

No announcement for dividend on June??

Posted by NatsukoMishima > 2 weeks ago | Report Abuse

3 sens div for june !

tamp0i

912 posts

Posted by tamp0i > 2 weeks ago | Report Abuse

In the sea of red... No fear but greed, I see no pain but only wish for gain... HODL!

alex

1,300 posts

Posted by alex > 2 weeks ago | Report Abuse

only 2 sen dividend??? not 3 sen?

Keyman188

5,367 posts

Posted by Keyman188 > 2 weeks ago | Report Abuse

Amboi...what is happening now !!!...

Is it possible to break below RM 1.00 !!!...

Keyman188 still maintaining to see KLCI @ 13xx for this year (2022)...

wkwkwk...kekeke...hehehe...

apple168

6,234 posts

Posted by apple168 > 2 weeks ago |

Post removed.Why?

cK1973

287 posts

Posted by cK1973 > 1 week ago | Report Abuse

Waiting at below 1. Looks imminent.

azfar8

797 posts

Posted by azfar8 > 1 week ago | Report Abuse

1.20 achievable, look at new target, hit 1.00 seems possible. TAYOR

Posted by WinBigOrLoseAll > 1 week ago | Report Abuse

3sen dividend people also don't want, sell like no tomorrow

Posted by NatsukoMishima > 1 week ago | Report Abuse

Nowsday people only like earn fast money , dont like dividen , the world already changed !

Dickyyou

148 posts

Posted by Dickyyou > 5 days ago | Report Abuse

EPF still selling? <RM 1 coming?

Posted by NatsukoMishima > 1 hour ago | Report Abuse

EPF keep dumping sure got very bad news coming soon ! It might drop to 80 sens !

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