GLOBETRONICS TECHNOLOGY BHD

KLSE (MYR): GTRONIC (7022)

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Last Price

0.535

Today's Change

+0.02 (3.88%)

Day's Change

0.52 - 0.54

Trading Volume

3,792,400


17 people like this.

8,737 comment(s). Last comment by kjstk1234 21 hours ago

Posted by EatCoconutCanWin > 2 months ago | Report Abuse

Where is short selling mean. Bursa jangan biadap

bsinvestor

185 posts

Posted by bsinvestor > 2 months ago | Report Abuse

fishy.

Posted by Angelicious9 > 2 months ago | Report Abuse

GG already.

xiaoeh

2,740 posts

Posted by xiaoeh > 2 months ago | Report Abuse

Agree Hng33

Let's watch previous video:
https://www.youtube.com/watch?v=jI5IgjI_Fxo
外部稽查师辞职!马股再现账目疑云?

xiaoeh

2,740 posts

Posted by xiaoeh > 2 months ago | Report Abuse

Hopefully this time around no issue

durianbay

34 posts

Posted by durianbay > 2 months ago | Report Abuse

not yet gg, better wait for further announcement... got chance to catch rebound

Posted by EatCoconutCanWin > 2 months ago | Report Abuse

KPMG also resigned. Look into the company account is totally blank like serbak

limch

3,262 posts

Posted by limch > 2 months ago | Report Abuse

EPF not selling more so short sellers are i3 members who has negative comments? Why are they here if no connection with Gtronic? Managed to grab some only. Naysayers please sell more tomorrow <50 sen. Prepare my bullets.

OMGstock

40 posts

Posted by OMGstock > 2 months ago | Report Abuse

GG already, company say KPMG resigned no impact to operations.

SerbaDK last time like too loh,

Now newly appointed auditor UHY, no longer Big 4 Accounting Firm.

Posted by Dividend4You > 2 months ago | Report Abuse

cannot compare serba & gtronic - like apples & orange... better wait for further announcement from them

ggleow

95 posts

Posted by ggleow > 2 months ago | Report Abuse

kpmg dont want to be part of some hanky panky things happening inside gtronic. Better out from their party

UlaSawa

28 posts

Posted by UlaSawa > 2 months ago | Report Abuse

gtronic is dead.
no hope

Learner68

44 posts

Posted by Learner68 > 2 months ago | Report Abuse

Very attractive price right now. UHY is not a bad audit firm and perhaps cheaper in their professional fees etc.

Ggggggg

2 posts

Posted by Ggggggg > 2 months ago | Report Abuse

Why would gtronic gap up tmr?

Cheers

148 posts

Posted by Cheers > 2 months ago | Report Abuse

Don't get trap

future

411 posts

Posted by future > 2 months ago | Report Abuse

It’s how you need to believe yourself, think hng 33 is right. If uncertainty has been removed, recovery is the news for temporarily. Can up

limch

3,262 posts

Posted by limch > 2 months ago | Report Abuse

APB entry cost RM 2 how to recover? Cut down auditor fee is 1 way? KPMG audit fee too high but UHY lower so coming quarters can expect more profit?

Gen2

253 posts

Posted by Gen2 > 2 months ago | Report Abuse

They can't explain the ballooning 24Q2 other receivables of 65.6m while capex as of 30Jun only amounting to 4.1m ??!!

Email to their investor relations they ask you to voice it over during AGM/EGM.

Try study their few years AR, no noticing of this so substantial other receivables.


ggleow

95 posts

Posted by ggleow > 2 months ago | Report Abuse

this type of news, you must sell first before try to find the actual reason.

Look at ytl, it continue go down once the 1bestari come out. and continue to go down non-stop. Cut loss first to avoid more bleed.

Posted by BullsandBears > 2 months ago | Report Abuse

All knows gtr jialat ady with all the adverse news floating around, but i just dont understand, 86million shares (RM54mil traded value) are traded today. The selling pressure is surreal, but who is collecting at low? I personally dont think retail investors have the ability to collect especially most retail investors will cabut after this limit down.

Eric Fong

1,198 posts

Posted by Eric Fong > 2 months ago | Report Abuse

I can see dunno who collect plenty at 0.61 - 0.64 and make the share rebound temporary.

Posted by EatCoconutCanWin > 2 months ago | Report Abuse

My personal TP is 0.35, similar to CEB

Posted by stockjobber > 2 months ago | Report Abuse

remember, market reacts to BAD news very swiftly

Posted by BullsandBears > 2 months ago | Report Abuse

on a bright side, i think the situation is not bad enough, could have been worse perhaps

sephiroth

14,145 posts

Posted by sephiroth > 2 months ago | Report Abuse

The explanation is not convincing, another drama day

Posted by EatCoconutCanWin > 2 months ago | Report Abuse

So who is selling off. Lol. Bolo statement la

Posted by BullsandBears > 2 months ago | Report Abuse

Lets figure out what are the potential reasons behind the drop:
1) Misrepresentation of financial statements.
2) Targeted for short-selling.
3) The plan for privatization.
4) Insider news, major customer's calling off contracts.
5) False alarm

Feel free to add on more

Posted by UnkleLim1 > 2 months ago | Report Abuse

no need to scare. you scare it wont go up meh. need to understand

Posted by BullsandBears > 2 months ago | Report Abuse

Asymmetry information is really scary. KWSP and APB may have more information for them to make an informed decision. I dont understand, i dont have the information, ofc im scared.

FAInvestor

226 posts

Posted by FAInvestor > 2 months ago | Report Abuse

Must be accounting scam that's why KPMG resign and EPF selling non stop just like what happen in Serbak Dinamik.

OMGstock

40 posts

Posted by OMGstock > 2 months ago | Report Abuse

lmao potential reasons also include

6) Reality: Cooking the books

OMGstock

40 posts

Posted by OMGstock > 2 months ago | Report Abuse

its funny there are many thinking its has hit bottom, same type who buys at 0.8-0.9x arguing 10 year lows.

Now is lower lower.

Posted by EatCoconutCanWin > 2 months ago | Report Abuse

Globetronic got 5plant in penang. Now left 1

slts

2,236 posts

Posted by slts > 2 months ago | Report Abuse

7. Aunties and uncles and contra kaki punters kena margin calls

slts

2,236 posts

Posted by slts > 2 months ago | Report Abuse

8. RM strength. Most tech stocks kayak not just GT

mf

29,201 posts

Posted by mf > 2 months ago | Report Abuse

Dow Jones

Dow Jones Industrial Average

40,587.56

-242.03

0.59%

joyvest

10,536 posts

Posted by joyvest > 2 months ago | Report Abuse

KPMG would not just resign for no obvious reason(s). The external auditors do not wish to be subjugated but insist to be independent to be free from any duress.

joyvest

10,536 posts

Posted by joyvest > 2 months ago | Report Abuse

The exodus of EPF Board is a clear harbinger of further depression of prices to come ...

mf

29,201 posts

Posted by mf > 2 months ago | Report Abuse

2024-09-05

Insider

EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD") (a substantial shareholder) disposed 2,475,800 shares on 02-Sep-2024.

2024-09-04

Insider

EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD") (a substantial shareholder) disposed 6,827,999 shares on 30-Aug-2024.

2024-09-04

Insider

EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD") (a substantial shareholder) disposed 1,635,875 shares on 30-Aug-2024.

2024-09-03

Insider

EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD") (a substantial shareholder) disposed 3,000,000 shares on 29-Aug-2024.

2024-09-03

Insider

EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD") (a substantial shareholder) disposed 677,000 shares on 29-Aug-2024.

Bull13

1,100 posts

Posted by Bull13 > 2 months ago | Report Abuse

KPMG voluntarily resign!!
Tomorrow sure LIMIT DOWN!!

joyvest

10,536 posts

Posted by joyvest > 2 months ago | Report Abuse

These people never learn from the experience of Serba Dynamics (SD) which was arrogant to confront with KPMG in such a way as if SD was the victim of the circumstances....

joyvest

10,536 posts

Posted by joyvest > 2 months ago | Report Abuse

KPMG would not just voluntarily resign for no obvious reason(s).KPMG is well known for their independence ,integrity and objectivity in terms of reporting and leaving no stone unturned.. This counter is destined to be doomed

ggleow

95 posts

Posted by ggleow > 2 months ago | Report Abuse

pn17 soon

joyvest

10,536 posts

Posted by joyvest > 2 months ago | Report Abuse

To recall,SD has been delisted due to mainly red flag of KPMG who was dismissed by SD.

The voluntary resignation of KPMG is tantamount to the acknowledgement of red flag to the same effect of downfall....

xiaoeh

2,740 posts

Posted by xiaoeh > 2 months ago | Report Abuse

Posted by Eagle77 > 6 hours ago | Report Abuse
HANCUR ⬇️⬇️⬇️🩸🩸🩸

oh...
Eagle77 was here...
Gtronic should be fine...should be fine...

Just kidding just kidding...😂
no angry...no angry...

questra

204 posts

Posted by questra > 2 months ago | Report Abuse

The CFO of GTRONIC is the CEO at SCIB too!!!

WKWKWKWKWKWKWKWKWK GGGG

Posted by OldWiseMan100 > 2 months ago | Report Abuse

my advice to all, cut loss at whatever price, preserve the capital. with auditor resign suddenly, it means something is very fishy going on.

OMGstock

40 posts

Posted by OMGstock > 2 months ago | Report Abuse

Ready to Gap Down, <0.50.

Cause why not!

joyvest

10,536 posts

Posted by joyvest > 2 months ago | Report Abuse

Your ignorance and delusion is larger than your loss

slts

2,236 posts

Posted by slts > 2 months ago | Report Abuse

all dump talk

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