GLOBETRONICS TECHNOLOGY BHD

KLSE (MYR): GTRONIC (7022)

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Last Price

0.525

Today's Change

+0.02 (3.96%)

Day's Change

0.505 - 0.525

Trading Volume

2,804,100


17 people like this.

8,582 comment(s). Last comment by joyvest 52 minutes ago

Posted by NatsukoMishima > 1 month ago | Report Abuse

Gtronic want become inari in the future , that s y they spend money n chg strategy ! Only bodoh will compare gtronic with serb !

joyvest

10,507 posts

Posted by joyvest > 1 month ago | Report Abuse

EC Liaw keeps saying that Gtronics and Serba D(SD) are not the same.Basically they are the same in that they forced their external auditors ,kPMG to resign before their terms of office.Until now, Gtronics has yet to reveal the real reason why the incumbent auditors have resigned to their investors. Their reluctant revelation has cast serious doubts on their corporate governance and the integrity of the management.

The alleged missing cash of 60m being reclassified as deposits is highly suspicious. If this holds true,the Balance sheet value is materially overstated and the financial reports contain material errors.

joyvest

10,507 posts

Posted by joyvest > 1 month ago | Report Abuse

It was reported that neither the Incumbent auditors,KPMG has explained the reason why they have resigned nor has the Gtronic. It is not the onus of the auditors to explain publicly but to explain at AGM where the auditors reserves their rights to explain to the shareholders while the Company is at liberty to explain anytime and anywhere. However, the Mgt of Gt has chosen to be ignorant and silent which sends the signal to the Market that they have something to hide with hidden agenda. The true fact remains is that ever since the new Mgt took office ( after acquisition by APB ) , the cash reserve of 200m++ has been reduced to 144m with 60m being reclassified as “ other receivables” is said to be fishy in terms of its recoverability in the view of the incumbent auditors.

On a separate note, EC Liaw has represented that they are to adjust their Dividend policy meaning no more handsome dividend to be paid if not non at all in the foreseeable future under the so called “ new Management ” as opposed to those days when the Company was under the direction of the founder (Michael) and his Mgt team. What EC Liaw is insinuating is that capital gain is the only thing that the investors are hoping for through growth in the long term. Take it or leave it !

EC Liaw has also publicly announced that the Gt is to set aside 130m out of 144m for CAPEX for future growth. The said sum is used to upgrade their facilities in order complete with other players such as Inari and Amertron . However , it was reported that these players have invested 500m each to upgrade their systems / facilities. Do you really believe that Gt could complete in tandem with them with the investment of 130m for CAPEX ?

It is felt that their statement/representation is merely rhetorical.

joyvest

10,507 posts

Posted by joyvest > 1 month ago | Report Abuse

EC Liaw keeps saying that Gtronics and Serba D(SD) are not the same.Basically they are the same in that they forced their external auditors ,kPMG to resign before their terms of office.Until now, Gtronics has yet to reveal the real reason why the incumbent auditors have resigned to their investors. Their reluctant revelation has cast serious doubts on their corporate governance and the integrity of the management.

Are you saying that the investors are stxpid to compare GT to SD ?? It is the making of GT to make the investors to compare them with SD. Who is stxpid here ??

joyvest

10,507 posts

Posted by joyvest > 1 month ago | Report Abuse

Dont behave like EC Liaw to keep blaming the investors to compare GT to SD.

Posted by ABAabc9854 > 1 month ago | Report Abuse

🤣

Posted by Jonathan Keung > 1 month ago | Report Abuse

Cheers to all GT bulls. good price opening 76 sen. Coming close to my weekly 80 sen TP

Posted by ABAabc9854 > 1 month ago | Report Abuse

0.780 now joy please go back to your cave

DickyMe

14,856 posts

Posted by DickyMe > 1 month ago | Report Abuse

RM 1 coming soon.

limch

3,235 posts

Posted by limch > 1 month ago | Report Abuse

80 sen coming soon?

limch

3,235 posts

Posted by limch > 1 month ago | Report Abuse

Post QR GT RM 1; RM 1 can return back?

Apple2353

1,987 posts

Posted by Apple2353 > 1 month ago | Report Abuse

What happen to Joy ? Mulut sudah gum ke?

fortunefire

1,511 posts

Posted by fortunefire > 1 month ago | Report Abuse

woohooo! up up fly higher

slts

2,235 posts

Posted by slts > 1 month ago | Report Abuse

the more Joyest bark the higher GT go, i wonder how stupid he is

James_Bond

3,410 posts

Posted by James_Bond > 1 month ago | Report Abuse

FIFO! Thanks! Appreciate the 10% profits! Haha!

Posted by InfinityTifanny > 1 month ago | Report Abuse

joyvest is in the hospital. He lost a lot of blood from shorting this stock 😁

SWIN88

21 posts

Posted by SWIN88 > 1 month ago | Report Abuse

Hahaha. Same pattern like YNH - Pump to dump

DickyMe

14,856 posts

Posted by DickyMe > 1 month ago | Report Abuse

YNH in same industry?
How you compare leh?

joyvest

10,507 posts

Posted by joyvest > 1 month ago | Report Abuse

AGM of APB is looming.....

limch

3,235 posts

Posted by limch > 1 month ago | Report Abuse

APB no average down so how to recover RM 2 GT investment?

joyvest

10,507 posts

Posted by joyvest > 1 month ago | Report Abuse

It is incorrect , it is RM 1.40 not 2.00 as reported

joyvest

10,507 posts

Posted by joyvest > 1 month ago | Report Abuse

GT has to pump in hope of reduction in the investment loss in view of the looming AGM of APB......

Posted by NatsukoMishima > 1 month ago | Report Abuse

On behalf of all gtronics shareholders really thanks to glove tard joyvest big mouth to push up gtronic n apb share price in 1 week ! Pls keeps continue your big mouth contributions to gtronics inari after China stimulus plan !

Posted by NatsukoMishima > 1 month ago | Report Abuse

🤣🤣🤣🤣🤣🤣🤣🤣joyvest boleh !

sniper123

295 posts

Posted by sniper123 > 1 month ago | Report Abuse

Tq joyvest. The breder of gtronic, APB also naik. syabas!!!

Posted by InfinityTifanny > 1 month ago | Report Abuse

Let him bleed more and go ICU. Push it up to RM1 next 😁

Posted by EngineeringProfit > 1 month ago | Report Abuse

Huat ar........lai lai lai

Posted by NatsukoMishima > 1 month ago | Report Abuse

Gtronic fair value shoul be around rm 1.36 - 1.60 short term !

Posted by NatsukoMishima > 1 month ago | Report Abuse

Joyvest whete are u ? Come on , dont hide , we need your big mouth to push up to rm 1.50 !

joyvest

10,507 posts

Posted by joyvest > 1 month ago | Report Abuse

1.50 is in your fantasy only

Posted by NatsukoMishima > 1 month ago | Report Abuse

Thanks for your mention rm 1.50 ! Afternoon 2nd half continue big show !

fortunefire

1,511 posts

Posted by fortunefire > 1 month ago | Report Abuse

think next week can reach 1.0x

joyvest

10,507 posts

Posted by joyvest > 1 month ago | Report Abuse

I told you already it is unstainable ....

Posted by Yatchaifatt > 1 month ago | Report Abuse

Collecting...

Rocky Mass

4,826 posts

Posted by Rocky Mass > 1 month ago | Report Abuse

No ordinary swing guys.. soo extreme ...

joyvest

10,507 posts

Posted by joyvest > 1 month ago | Report Abuse

That fella is very snobbish. My advice to you is not to count the chickens before they are hatched.......

ArianaGoh

100 posts

Posted by ArianaGoh > 1 month ago | Report Abuse

UWC remains optimistic on its outlook given the expected strong recovery in the global semiconductor market, with an estimated 16% growth in 2024. The semiconductor industry is still shining

Rocky Mass

4,826 posts

Posted by Rocky Mass > 1 month ago | Report Abuse

no surprise if closed < 70

Plantermen

2,238 posts

Posted by Plantermen > 1 month ago | Report Abuse

The key timing is betw 4.30-5.00. market makers will go either way push higher to sustain chart breakthru or side line trading. Rotate between profit taking and consolidation stage

joyvest

10,507 posts

Posted by joyvest > 1 month ago | Report Abuse

That fella always mocks at my talking " big" but as a matter fact I have been talking " sense" ....

DickyMe

14,856 posts

Posted by DickyMe > 1 month ago | Report Abuse

Sense + Less

LuckyKoi

27 posts

Posted by LuckyKoi > 1 month ago | Report Abuse

Today touch 0.80, eventually become support.. just collect

Posted by NatsukoMishima > 1 month ago | Report Abuse

If can support 80 sen then back to rm 1.30 - 1.50 is not far !

joyvest

10,507 posts

Posted by joyvest > 1 month ago | Report Abuse

So pissed near and yet so far........

DickyMe

14,856 posts

Posted by DickyMe > 1 month ago | Report Abuse

Those who bought @53 sen are laughing at joyvest. Almost 50% return leh!
Apa lagi mau!

joyvest

10,507 posts

Posted by joyvest > 1 month ago | Report Abuse

You can wait for 100% until you become 6.30....

newbie5354_

1,288 posts

Posted by newbie5354_ > 1 month ago | Report Abuse

Sifus any more stocks can jump 50% like Globetronic?

xiaoeh

2,640 posts

Posted by xiaoeh > 1 month ago | Report Abuse

many motivation sifus say:
if u think it can, it can
if u think it cannot, it cannot...

joyvest

10,507 posts

Posted by joyvest > 1 month ago | Report Abuse

Yes,wait for LD of any stock?

xiaoeh

2,640 posts

Posted by xiaoeh > 1 month ago | Report Abuse

according to Master Soros...
market is merely a reflection of what majority of people think...

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