GLOBETRONICS TECHNOLOGY BHD

KLSE (MYR): GTRONIC (7022)

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Last Price

1.32

Today's Change

+0.01 (0.76%)

Day's Change

1.29 - 1.33

Trading Volume

4,848,500


15 people like this.

7,095 comment(s). Last comment by EngineeringProfit 1 day ago

Posted by NatsukoMishima > 2023-07-17 11:33 | Report Abuse

Mean while , u can buy dnex which is lagging the bullish trend .

Posted by DividendGuy67 > 2023-07-17 11:38 | Report Abuse

Market took out my sale at 1.63. My remaining holdings, excluding dividends, cost is 0.19. If include dividends is closer to 8 sen after factoring in both buy and sell commissions. So, nothing more to do here for this stock.

Posted by NatsukoMishima > 2023-07-17 11:50 | Report Abuse

U believe or not after u sell it skyrocket to rm 2.xx later !

Posted by NatsukoMishima > 2023-07-17 11:57 | Report Abuse

Today will close above 1.70 !

家俊

141 posts

Posted by 家俊 > 2023-07-18 00:58 | Report Abuse

L O L

家俊

141 posts

Posted by 家俊 > 2023-07-18 11:16 | Report Abuse

NatsukoMishima once again slap his own face ! Better stay at home dont lose your face ! 😂

Posted by DividendGuy67 > 2023-07-18 11:31 | Report Abuse

NatsukoMishima
U believe or not after u sell it skyrocket to rm 2.xx later !

I still do retain some for speculative purposes like above. For the bulk, I execute my dividend strategy.

Our observations are price always zigzag up and down, whether anyone here sell or don't sell, buy or don't buy. That's market truth. Today it zag down after overbought at 1.65 to 1.53 as I write this. Later, it'll zig back up after oversold.

Definitely strong zig up bullish momentum since May (2 months). Zig zag principle means expects some zag down periods too later, before zig up again.

When I first bought GTRONIC, the Dividend yield was 6.0%. However, with strong price run up to 1.6x, the Dividend yield has shrunk to 3.8% - to me, it is enough reason to sell as it is moving away from my objective which is high predictable dividend income. Last year dividend was 7 sen, hence, cashing in makes sense to cash in many many years of dividends. I have 40+ stocks, I have no particular love for any one stock, I just execute my dividend income strategy as consistent as I can.

Posted by DividendGuy67 > 2023-07-18 11:52 | Report Abuse

The question of whether to sell or not sell is a very interesting and very important topic.

My best advice is keep track of your own sales performance. Note the date and price of selling and monitor what would happen for at least 1 year after sale, to see if overall, you are better off not selling or selling.

My own past observations points to me these strong personal conclusions:
1. If markets remain in a sideways range / bearish mode, then, almost always, my sale generates value i.e. I am typically able to buy back at a lower price, i.e. trading adds a little bit/some value.
2. If markets shoots up strongly, then, my sale creates negative value, because the opportunity cost is typically greater, as price can shoot up higher than what anyone can expect - some cases are like this.

My experience is that 1. happens more often in recent years and 2. occurs rarely. Nevertheless, when 2 occurs, the opportunity cost, when measured against peak price can be quite large. The problem for me though is that I could never pick the peak price.

But the benefit of 1. is that it gives me a more stable result. Given my modest objective, which is to beat EPF returns, selling a bit too early meets my objective.

However, some of you may have more aggressive objective, in which case, you may consider to look for the big win later.

Posted by DividendGuy67 > 2023-07-18 11:55 | Report Abuse

However, once the market turns from either bearish or sideways, into a bull market, the key is to sit tight and don't sell. In a bull market, never, never sell, until you see the market turns. In such markets, you can sell a bit late and typically, it creates higher value than selling too early. Only in bearish / sideways market is it worth to sell a little bit early. In a bull market, sell a bit later.

Posted by DividendGuy67 > 2023-07-18 12:00 | Report Abuse

Clearly, GTRONIC's market is no longer bearish. A strong rounded bottom has been seen in multi year weekly chart. However, the rise the past 2 months is very strong. Typically (but not always), there should be some retracement near the neckline. A normal turnaround should see a healthy 38% Fibonacci retracement (say 20-25 sen from neckline). A strong bull might see less like 20% retracement (say 12-15 sen).

So, if one sells at 1.65, then, the place to pick it back up again is around 1.50 to 1.40 say.

Posted by NatsukoMishima > 2023-07-18 12:04 | Report Abuse

@家俊

107 posts

Posted by 家俊 > 40 minutes ago | Report Abuse

NatsukoMishima once again slap his own face ! Better stay at home dont lose your face ! 😂
__________
It s not too late to sabo me after 3 months later !

Posted by DividendGuy67 > 2023-07-18 12:09 | Report Abuse

However, on the same multi-year weekly charts, there are many potential hidden bearish divergences when measuring price against RSI. A hidden bearish divergence means potential for price to fall. As GTRONIC price suffered a very prolonged and massive fall over several years, it is normally not a straight line up to make new highs - more normal for it to zig up, zag down, etc. Against the weekly candlesticks, more likely to have opportunities to buy back at a lower price the first time. It will be different the 2nd or 3rd time.

家俊

141 posts

Posted by 家俊 > 2023-07-18 12:37 | Report Abuse

NatsukoMishima

just look back all ur comment history before talk to me. most of them is just blabbering yelling buy now 2mr RMxx. then mostly 2mr never reach the price u said.
sabo u in 3months? if need 3months why u say will close above 1.70 ?
and yet still have the balls to scold other people
😁 use ur brain please.

flatso

63 posts

Posted by flatso > 2023-07-18 16:48 | Report Abuse

Tp 2.x no change.

amateurJR

2,366 posts

Posted by amateurJR > 2023-07-18 16:56 | Report Abuse

Haha Natsuko alrdy brought ppl to holland based on his call on Dnex

家俊

141 posts

Posted by 家俊 > 2023-07-18 17:44 | Report Abuse

i dont mind people talking about the stock price up or down. since everyone is free to speculate.
but this natsuko. everyday make call like confirm price will hit the target, that is not speculate, thats simply gambling call.

thats why last time i called him sinkalan. since then he keep atk me for no reason LOL

fun fact. i search his name in google. this explain alot about his dysfunction brain

DickyMe

14,367 posts

Posted by DickyMe > 2023-07-18 22:43 | Report Abuse

Flushed out gamblers..

yewnamhung

239 posts

Posted by yewnamhung > 2023-07-21 09:50 | Report Abuse

OTW RM2.00/-

Tibbers

561 posts

Posted by Tibbers > 2023-07-21 10:00 | Report Abuse

1.85

flatso

63 posts

Posted by flatso > 2023-07-21 10:09 | Report Abuse

Power up!

fortunefire

1,364 posts

Posted by fortunefire > 2023-07-21 10:12 | Report Abuse

today end with 1.7

Posted by NatsukoMishima > 2023-07-21 13:12 | Report Abuse

Last 4 days when i said will touch 1.70 some people laugh at me , today u see touch 1.71 already , trust me dont sell this stock keep atleast 6 months u will get huge gains after they announce new customers n big project + high divy ! End of year tp 2.20 convervative !

yewnamhung

239 posts

Posted by yewnamhung > 2023-07-21 14:20 | Report Abuse

Aligato, hope...n ....hope lah

lhh99s

97 posts

Posted by lhh99s > 2023-07-21 15:21 | Report Abuse

QR will be announced soon… how’s the result?

家俊

141 posts

Posted by 家俊 > 2023-07-21 16:40 | Report Abuse



NatsukoMishima

Last 4 days when i said will touch 1.70 some people laugh at me , today u see touch 1.71 already , trust me dont sell this stock keep atleast 6 months u will get huge gains after they announce new customers n big project + high divy ! End of year tp 2.20 convervative !

lol joker act. then i can cincai say this stock confirm close at rm xx TODAY.
whenever it reach at N years later i can still act pro say that i said it.
whenever it didnt reach TODAY i can ignore

Posted by kokchengkai > 2023-07-25 17:23 | Report Abuse

lhh99s QR wil no good until year end 2023.everything wil back to normal during 2024
now is close to Ogos ,mean 2023 is going to End very soon ..

Posted by EatCoconutCanWin > 2023-07-25 19:33 | Report Abuse

Order less..gai

Posted by NatsukoMishima > 2023-07-25 19:57 | Report Abuse

Got dividen than ok already !

VincentTang

1,093 posts

Posted by VincentTang > 2023-07-26 09:15 | Report Abuse

Latest qr mention prospect not good.

fortunefire

1,364 posts

Posted by fortunefire > 2023-07-26 09:34 | Report Abuse

MBB tp 0.87 haha! If really drop below 0.9x im ready to snap up more.

nhbeen

187 posts

Posted by nhbeen > 2023-07-26 10:30 | Report Abuse

Its price climbs at snail speed in years. But when it drops, it takes on rocket speed. I think its share price won't recover so soon given its negative outlook for 2023.

Vicky

1,199 posts

Posted by Vicky > 2023-07-26 10:38 | Report Abuse

Oil price in Malaysia will be cheaper next month. Defeated purpose of electric car. Run !

kutipkutip

1,100 posts

Posted by kutipkutip > 2023-07-26 10:55 | Report Abuse

1.450 terjunan yang menarik , kat mana nak rebound ?

Posted by EatCoconutCanWin > 2023-07-26 11:26 | Report Abuse

Don't touch la.. this company already in trouble. Business dropped a lot. Possible cut off plant soon.

Posted by NatsukoMishima > 2023-07-26 11:57 | Report Abuse

After 3 months if still below rm 2 then only give negative comments still not too late ! Year end tp rm 2.20 not chg !

LubeTrader

238 posts

Posted by LubeTrader > 2023-07-26 12:00 | Report Abuse

No industry stays down forever. Bear that in mind. Geopolitical factor affects semicon ind. probably more than others when ruling regimes uses raw material and market restrictions as bargaining chips.

Posted by NatsukoMishima > 2023-07-26 12:56 | Report Abuse

Good chance buy in dip for solid dividen ! Next year u wont get this cheap price already !

Vicky

1,199 posts

Posted by Vicky > 2023-07-26 14:46 | Report Abuse

Tsmc semicon kingmaker forecast to slump 15% in revenue in 2023. Kepala otak kau kalau semi boleh naik !

faridfet

477 posts

Posted by faridfet > 2023-07-26 16:38 | Report Abuse

CRASH cut ur losses

5354_

4,601 posts

Posted by 5354_ > 2023-07-26 17:04 | Report Abuse

EPF own more shares than directors(founders)? EPF can run Gtronic?

5354_

4,601 posts

Posted by 5354_ > 2023-07-26 17:08 | Report Abuse

If I director, issue cheap ESOS eg RM 1 then sell haha.

Posted by ChingHeng > 2023-07-26 18:05 | Report Abuse

ht tps://myin vest.subs tack.com/p/glo betronics-10-ooi-ke ng-thye
now I know why It drop (delete the space between in above link to see)

Posted by Panzer311 > 2023-07-27 08:46 | Report Abuse

Maybank TP is 1.13 as per 26.07.2023. TP of 0.87 is old MBB report

Posted by NatsukoMishima > 2023-07-27 09:42 | Report Abuse

I really hope can drop to 0.87 faster ! Good volatility beta , i love this stock very much , bullet loaded to fire shoot ! Let s join me together !

Posted by NatsukoMishima > 2023-07-27 09:43 | Report Abuse

Today drop to 1.20 ! Tomorrow 1.08 !
Next week 0.98 see u !

家俊

141 posts

Posted by 家俊 > 2023-07-27 11:08 | Report Abuse

🤡

Posted by xiaogumin88 > 2023-07-27 16:39 | Report Abuse

waiting below 1.0 lei

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