GLOBETRONICS TECHNOLOGY BHD

KLSE (MYR): GTRONIC (7022)

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Last Price

1.26

Today's Change

+0.01 (0.80%)

Day's Change

1.25 - 1.28

Trading Volume

1,757,500


15 people like this.

7,093 comment(s). Last comment by DickyMe 2 days ago

keychain

275 posts

Posted by keychain > 2021-07-28 11:26 | Report Abuse

IB tp can not listening. Only the story is true, tp set shiok only. Now Maybe already overvalue.

kl_guy

1,394 posts

Posted by kl_guy > 2021-07-28 11:29 | Report Abuse

gtronic kena hantam. wait till hantam over. better stay sideline.

Hl123456

221 posts

Posted by Hl123456 > 2021-07-28 12:53 | Report Abuse

Genetec lost making company also RM20 lo...
GT every year make profit but price only RM2 ..???

Hl123456

221 posts

Posted by Hl123456 > 2021-07-28 12:54 | Report Abuse

director dont know how to goreng ..

amet2017

3,150 posts

Posted by amet2017 > 2021-07-28 13:33 | Report Abuse

Earnings season is where market maker take chance to move the market due to the news out. In addition IB will start issuing out their analysis.

Pennyloo

90 posts

Posted by Pennyloo > 2021-07-28 19:18 | Report Abuse

how is tmr price? up up

Posted by Mr.Sm Invest123 > 2021-07-28 22:43 | Report Abuse

分析:MIDF投资研究 29/7/2021

目标价:3.22令吉

最新进展:

东益电子(GTRONIC,7022,主板科技股)2021财年次季,净利年增24.5%至625万1000令吉。

同时,归功于部分客户的销量走高和达到更好的规模经济效益,次季营业额年增3.3%至4640万3000令吉。

首半年来看,东益电子净利年增18%至1878万8000令吉,营业额年增3%至1亿179万8000令吉。


行家建议:

东益电子上半财年业绩表现低于预期,仅分别占我们与市场上半财年预测的25.3%和26.3%。

但根据过往记录,该公司在下半财年业绩通常会较好。

东益电子有许多拓展业务的计划,包括扩大槟城厂房空间30%,和增加激光汽车前照灯产量,进而提升固态照明(SSL)或发光二极管(LED)业务。

此外,它也继续努力与奥地利客户合作开发新一代传感器。

目前维持盈利预测不变。维持3.22令吉目标价,相当于2022财年26倍本益比。

不过,我们将评级从“中和”上调至“买入”,主要是该公司长期前景仍具吸引力,在高科技传感器产品方面的专业可在多个领域发挥所长。

另外,有新一代智能传感器的业务支撑,以及LED业务也会得益于汽车市场的复苏,未来盈利增长预计将更稳定。

Posted by Mr.Sm Invest123 > 2021-07-29 11:39 | Report Abuse

Globetronics expertise in high-tech sensor products in demand

PETALING JAYA: Semiconductor testing firm Globetronics Technology Bhd’s financial results came in below expectations of analysts but its outlook remains “attractive.”

That’s according to MIDF Research, which said all in all, the company’s first half (H1) of financial year 2021 (FY21) financial performance came in below its and consensus expectations, accounting for 25.3% and 26.3% of the H1 earnings estimates respectively.

The company reported a net profit of RM6.25mil for the second quarter ended June 30 from RM5.02mil a year ago. Revenue improved 3% to RM46.4mil.

“We opine that Globetronics’ prospects are still interesting in the long term, as the group’s expertise in high-tech sensor products could be leveraged onto various applications,” the research unit said.

Moving forward, it said it was expecting a more consistent earnings growth, mainly supported by the group’s new generation of smart sensors which include light, gesture and motion sensors.

“In addition, the recovery in the automotive market would also lend support to the group’s light-emitting diode or LED business. All factors considered, we are upgrading our recommendation to a ‘buy’ from ‘neutral’ previously,” said MIDF. In the quarter under review, Globetronics said the higher net profit achieved was mainly due to higher volume loadings from certain customers and a better product mix achieved.

It also warned that its financial performance may continue to be impacted by the Covid-19 outbreak and the disruption of economic activities arising from continuous changes in the implementation of the movement control order, lockdown or stay at home order.

“The group will continue to focus on escalating up the value chain and riding on the research and development (R&D) initiatives in new product designs and development with our key customers moving forward,” it said.

In its report, MIDF said the company’s numerous plans to expand its business such as its ongoing factory space expansion, ramp up of laser automotive headlamps and its continuous efforts to co-develop new generation sensors with its Austrian customers are likely to drive its growth ahead.

“We are rolling forward our valuation base year to FY22 but our target price of RM3.22 remains unchanged, premised on pegging FY22 earnings per share of 12.4 sen against a price earnings ratio of 26 times,” it said.

Globetronics’ revenue for the quarter under review was 16% lower compared with the quarter before it, while net profit plunged 50% on the same basis, largely due to lower volume loadings of products.

mimisita

348 posts

Posted by mimisita > 2021-08-06 19:08 | Report Abuse

boss, can you learn from fintec boss how to goreng stock or not.. goreng few cents mau lari...

c2k9791

269 posts

Posted by c2k9791 > 2021-08-06 22:31 | Report Abuse

Wait...on the way

Zackmeiser

309 posts

Posted by Zackmeiser > 2021-08-28 09:58 | Report Abuse

Need to know what globetronics do. Read about AMS, Soraa Laser and Epson Toyocom. The long term prospect is intact. Sapu when cheap bit by bit

Keyman188

5,968 posts

Posted by Keyman188 > 2021-08-30 14:58 | Report Abuse

Seem like wanted to recover back above 3.00 soon....

DickyMe

14,360 posts

Posted by DickyMe > 2021-09-03 13:09 |

Post removed.Why?

neohts

2,099 posts

Posted by neohts > 2021-09-03 16:36 | Report Abuse

2nd half of the year result will be better as production in full force.
Strong order backlog.

SHQuah

5,363 posts

Posted by SHQuah > 2021-09-03 16:39 | Report Abuse

Current price is a good buy for 2nd half investment.

neohts

2,099 posts

Posted by neohts > 2021-09-03 16:50 | Report Abuse

November should have another Second interim dividend and Special Dividend.
Buy and hold for long term investment.

SHQuah

5,363 posts

Posted by SHQuah > 2021-09-03 17:15 | Report Abuse

Q4 share price should be around 2.30 to 2.50 if results is good.

Posted by kokchengkai > 2021-09-06 18:14 | Report Abuse

DickyMe why RM3.60?? but not RM4.6 or RM3.50 haha

DickyMe

14,360 posts

Posted by DickyMe > 2021-09-06 18:44 | Report Abuse

To be exact RM 3.81

CSOON 77

166 posts

Posted by CSOON 77 > 2021-09-07 13:04 | Report Abuse

GTRONIC is another GENETEC

Ron90

3,762 posts

Posted by Ron90 > 2021-09-08 10:55 | Report Abuse

the most loust and useless semicon counter in Bursa... other fly, thos one become dead wood..huhu

Eastern686

510 posts

Posted by Eastern686 > 2021-09-08 11:21 | Report Abuse

Gtronic currently won't fly bcoz it's at a *maintain* stage....

DickyMe

14,360 posts

Posted by DickyMe > 2021-09-08 20:08 |

Post removed.Why?

Posted by Mr.Sm Invest123 > 2021-09-08 23:36 | Report Abuse

calm down.... hold tight please

Posted by Mr.Sm Invest123 > 2021-09-08 23:45 | Report Abuse

******* The group is poised to benefit from its:-

(i) latest product commercialisation with a German client,

(ii) expansion of factory space (+30k sq ft) which is targeted to be completed by Aug / Sep 2021

micsoh

1,174 posts

Posted by micsoh > 2021-09-09 15:22 | Report Abuse

Waloa, just up 6percent only now want to retreat, seriously?

DickyMe

14,360 posts

Posted by DickyMe > 2021-09-10 11:45 |

Post removed.Why?

micsoh

1,174 posts

Posted by micsoh > 2021-09-10 16:40 | Report Abuse

Just wait in your dream. rm2.20 also cannot get through, 3.81 who know wait how long.

micsoh

1,174 posts

Posted by micsoh > 2021-09-10 16:42 | Report Abuse

Two more day I think will drop back to origin, what the Shi t.

Posted by Mr.Sm Invest123 > 2021-09-10 22:58 | Report Abuse

************long-term outlook seen as good****************************
the company’s numerous plans to expand its business such as its ongoing factory space expansion, ramp up of laser automotive headlamps and its continuous efforts to co-develop new generation sensors with its Austrian customers are likely to drive its growth ahead

Posted by Mr.Sm Invest123 > 2021-09-11 23:58 | Report Abuse

财经新闻
派对还没结束 券商续喊买科技股

https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E6%B4%BE...

DickyMe

14,360 posts

Posted by DickyMe > 2021-09-13 17:49 |

Post removed.Why?

SHQuah

5,363 posts

Posted by SHQuah > 2021-09-15 18:05 | Report Abuse

2.30 next target

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-09-17 09:16 | Report Abuse

Buyer in control...

micsoh

1,174 posts

Posted by micsoh > 2021-09-17 16:30 | Report Abuse

Other tech stock up a lot, this one.......

DickyMe

14,360 posts

Posted by DickyMe > 2021-09-18 12:12 |

Post removed.Why?

micsoh

1,174 posts

Posted by micsoh > 2021-09-20 11:01 | Report Abuse

Cat brand shark,up few Sen tomorrow drop few Sen, where got people want throw to u? like this how many can trap?

micsoh

1,174 posts

Posted by micsoh > 2021-09-20 16:41 | Report Abuse

Pudsey stock, up 5sen drop 5 Sen, brilliant I diot.

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-09-20 17:12 | Report Abuse

Red red sea...!

PunTatBerSiul

1,001 posts

Posted by PunTatBerSiul > 2021-09-20 18:24 |

Post removed.Why?

micsoh

1,174 posts

Posted by micsoh > 2021-09-21 16:44 | Report Abuse

Everyday up sikit down sikit, pussy shark, go back sleep lah.

micsoh

1,174 posts

Posted by micsoh > 2021-09-24 16:44 | Report Abuse

Sooner will drop back again, poor counter, nobody want ophan.

Kpin Yeoh

239 posts

Posted by Kpin Yeoh > 2021-09-26 15:09 | Report Abuse

if u see the trend , every year Q3 result the revenue and profit will shoot up. will 2021 repeat the trend again?
Downside is minimum just buy and keep.

neohts

2,099 posts

Posted by neohts > 2021-09-27 08:28 | Report Abuse

RM2.50

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-09-27 08:38 | Report Abuse

Tp 3.00..

satt1984

104 posts

Posted by satt1984 > 2021-09-27 10:36 | Report Abuse

i suspect that this q3 will be the best ever due to iphone 13 has super good sales.

Posted by KLSE_Observer > 2021-09-27 14:10 | Report Abuse

Gtronic got nothing to do with Apple, right? I know inari chip is used by Apple.

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