Posted by joyvest > 6 days ago | Report Abuse

Knowing this ,George soros capitalised this using this so called "herding effect". He believed the majority of people in the market behave like sheeps.Whatever he did and wherever he went in the market,his massive followers just followed like sheeps

You may recall , he attacked RM causing RM to horrendously be weakened to RM 3.80 vs USD in 1988.

Herding is conceived as a response to uncertainty and individuals' perceptions of their own ignorance.

People may follow the crowd because they think that the rest of the crowd is better informed. This can generate instability in the financial markets.

Herding is a key factor generating speculative episodes.

Are you behaving like sheeps? U should know better.

Posted by NatsukoMishima > 6 days ago | Report Abuse

Towards rm 1

Posted by NatsukoMishima > 6 days ago | Report Abuse

Thanks joyvest big mouth for pushing gtronic price to rm 1.50 ! Continue your talk cock !

Posted by Vdhawan > 6 days ago | Report Abuse

Globetronics is still as strong as a tank. Don't worry
https://theedgemalaysia.com/node/727627

Posted by joyvest > 6 days ago | Report Abuse

Your " dont worry" seems to be self-deceiving...

Posted by ABAabc9854 > 6 days ago | Report Abuse

winter is coming soon , joy enjoy your hibernation in the cave

Posted by joyvest > 6 days ago | Report Abuse

EC Liaw has made it clear that the Company wanted to set aside 130m out of the depleted cash reserve of 144m ( 60m is reported to be missing ) for CAPEX .Do you really believe what he says? He could be using the said sum for placement of so called " deposits" to be vanished in the air sooner than you can imgine.

One fellas in this forum always says I am a " hindsight" King. But I can tell you that the new auditors , UHY is not expected to stay long with the Company and they are expected to call it a day too ,just like KPMG. When KPMG has " red flagged" , it is usually taken as a " pre-warning" to their peers that the financial reporting system/procedures of the Company are craps and may contain material errors and misstatements , on which reliance can not be placed.

Posted by joyvest > 6 days ago | Report Abuse

Basically, EC Liaw has made it clear that the new management is not as generous as the previous old management ( already disposed of to APB) to pay handsome dividend. Why handsome dividend could be paid under old mgt? The answer is simple - the old management was competent , productive and marketable. The new mgt is said to be incompetent as evident from their poor performance and the way in which the resignation of their incumbent auditors is handled . Just look at how EC Liaw and Mr.Ku are delivering so far, it is pathetic of the highest order.

Posted by mf > 6 days ago | Report Abuse

sell

Posted by tkkiong > 6 days ago | Report Abuse

joyvest , good said .

Posted by cK1973 > 6 days ago | Report Abuse

what happen guys???
GT no longer what it used to be???
let's see what happen next ....

Posted by ABAabc9854 > 6 days ago | Report Abuse

why worry we've got joyce on our backs😁😁😁

Posted by joyvest > 6 days ago | Report Abuse

You'd better see it clearly next time instead of just looking around like many others who do not see but just look look here and look look there................

Posted by ABAabc9854 > 6 days ago | Report Abuse

next time is the future we are looking at the present

Posted by joyvest > 6 days ago | Report Abuse

The future ( foresight ) depends on the present ( hindsight). If you look at the present too much , that bugger would call you " hindsight king" . That bugger is really a bugger.

Posted by fregend > 6 days ago | Report Abuse

waiting below 0.70 to collect some, keep one month

Posted by joyvest > 6 days ago | Report Abuse

Keep till you become half past six ..............

Posted by InfinityTifanny > 6 days ago | Report Abuse

Buy and hold until the next QR comes out

Posted by joyvest > 6 days ago | Report Abuse

Next QR is expected to be below the par as EC Liaw has already insinuated in his recent statement due to the incompetence of the new management . He even said the company is so desperate to place deposits to secure sales.

Posted by semboYan > 6 days ago | Report Abuse

hard to see below 0.70 now, ship had alrdy sail away

Posted by geary > 6 days ago | Report Abuse

joyvest
Next QR is expected to be below the par as EC Liaw has already insinuated in his recent statement due to the incompetence of the new management . He even said the company is so desperate to place deposits to secure sales.
4 hours ago
Below...@0.40...Kurmming Soon?

Posted by NatsukoMishima > 5 days ago | Report Abuse

Wow , one more sour grape want to buy cheap ticket ! Dont dream lah my little boy , gtronic will back to rm 1.50 , u wont get below 50 sens !

Posted by NatsukoMishima > 5 days ago | Report Abuse

Gtronic will become inari !

Posted by limch > 5 days ago | Report Abuse

RM 1 in Oct? Last chance to buy at 70+ sen.

Posted by joyvest > 5 days ago | Report Abuse

Inari and Amertron have proactively invested 400m++ each to upgrade their facilities to remain competitive globally.However , EC Liaw only talks of setting aside of 130m for CAPEX .It remains to be seen if he is serious about it or might deploy the said sum for something else such as placement of more deposits to secure sales as a desperate move.

Posted by limch > 5 days ago | Report Abuse

APB saw new BOD appointment. Meaning not happy with GT as well as APB share price?

Posted by joyvest > 5 days ago | Report Abuse

New BODs of APB and GT are basically said to be the puppets of the "Gangs in control " from behind. BODs are blamed as culprits for the poor performance as a result of which no dividend payout as an excuse is expected. Basically, the Gangs do not want to pay dividend even though they make money , similar to the style of Jaks . They would rather put the cash reserves as " deposits" to avoid the payment of cash dividend. To pay cash dividend, you need tons of cash in hand.

Judging from what they have recently represented, the remaining cash and new cash generated would be used for CAPEX or " otherwise " . Dividend payout is expected to be significantly reduced if not " none of payout at all " in the foreseeable future. It is believed that they are not going to pay dividend under the so called " new management .Basically , the Gang in control just passes the buck the new mgt in disguise.

Posted by cK1973 > 5 days ago | Report Abuse

so are you guys going to quit everything?
or seek opportunity?
I knew many got stuck at above 1....
Hopefully will recover soon....

Posted by SWIN88 > 5 days ago | Report Abuse

Broke 0.70 support as expected. Slowly deposing b down below 0.60 again

Posted by SWIN88 > 5 days ago | Report Abuse

M waiting below 0.55. Let ikan bilis kena sapu first.

Posted by SCM2023 > 5 days ago | Report Abuse

Joyvest, why not file a complaint with Bursa Malaysia or a police report if you are sure of their wrongdoing? You are spending lot of unproductive time here

Posted by joyvest > 5 days ago | Report Abuse

Let their incumbent auditors do the job as they are in the better position to entertain the relevant authorities with the evidences gathered in their possession. Your being responsive here is a demonstration of the fact that my time, be it productive or otherwise , is worth spending ........

Posted by joyvest > 5 days ago | Report Abuse

Is there anyone who has no objection for me to continue to comment here , be it negative or otherwise??

Posted by 103854938 > 5 days ago | Report Abuse

No objection, enjoy reading your analysis, sendiri will pandai pandai make judgement

Posted by ZaraSheng > 5 days ago | Report Abuse

Next week gtronic will wave up like a tank

Posted by mywuneng > 5 days ago | Report Abuse

I like joyvest comments

Posted by InfinityTifanny > 5 days ago | Report Abuse

Next week shorties will bleed again. Happy Friday and weekend, guys

Posted by joyvest > 5 days ago | Report Abuse

Since there is No objection,I will continue to comment objectively based on the latest developments and circumstances surrounding the Group. Tq for your supports

Posted by xiaoeh > 5 days ago | Report Abuse

Joyvest sifu
good to have someone raise awareness here
as long as u provide latest updates + facts and figure i think we are all welcome
but remember what Howard Marks once was saying:
it’s not what you buy; it’s what you pay for it.
A high- quality asset can constitute a good or bad buy,
and a low-quality asset can constitute a good or bad buy.
The tendency to mistake objective merit for investment opportunity,
and the failure to distinguish between good assets and good buys, get most investors into trouble.
Because the search is for good buys, my main goal in this chapter is to explain what makes a buy a good one.
In general, that means price is low relative to value, and potential return is high relative to risk.
How do bargains get that way?

https://dl.najafi8.ir/dl/Library/book/[Howard_Marks]_The_most_important_thing_uncommon_.pdf

Posted by goldmanbull > 5 days ago | Report Abuse

Something wrong with the balance sheet. Receivables, deposits and prepayments had increased to RM65.56 million from RM1.04 million as at Dec 31, 2023. To whom the prepayments were paid and for what reason? This huge difference is a red flag.

Posted by goldmanbull > 5 days ago | Report Abuse

Suggest to stay away please. Don't be another ikan bilis trapped later.

Posted by NatsukoMishima > 5 days ago | Report Abuse

Once they announce their new customers n project u wont get it below rm 1.50 !

Posted by Jonathan Keung > 4 days ago | Report Abuse

Apart from KPMG resignation announcement from Globetronics , PWC also resigned from Pharmaniaga . KMPG also announced their resignation from Bina Puri not forgetting EY have also quit from another PLC. We cannot harp on this issue .changing of auditors is part of a business cycle unless fraud is involved. Remember IMDB all the big accounting firm was once part of the scandal link company audit team.

Posted by joyvest > 4 days ago | Report Abuse

The primary role of a statutory or external auditor is to provide the members of a company ie the shareholders, with an independent opinion as to whether the financial statements of the company give a " true and fair view" of the assets, liabilities and financial position at the year end concerned. Basically, The Auditors must ensure that the FS are free from material errors and over statement of assets and under statement of liabilities ( So called miss-statements ).

You can change auditors at the AGM subject to the approval of the shareholders. Once appointed, the auditors shall take office ( term of office ) effective from AGM to the next AGM . They are free to check the books and records of the Company during this period of their engagement. Changing the auditors in the middle of their engagement is a big " NO NO " which is reflection of the doggy management up to no good with hidden agenda. Same goes to the resignation of auditors half way through their engagement ( terms of office ).

In the case of GT, the damage has been compromised . Mr.Ku , being a CA ( chartered Accountant) should have known better the insidious effect of such resignation . However, he did not stop this but let it happen as a result of which the share price has been plunging with loss of confidence from the investors across. He should be held to be fully responsible . As you are probably aware, he is also holding directorship in other companies such as APB , SCIB, Artroniq Berhad etc .It is the fact that share prices of such companies have been plummeting ever since he has joined the said companies. Are these occurrences by coincidence or through manipulation with hidden agenda? You tell me but my dog smells something very fishy.

Posted by Cheers > 3 days ago | Report Abuse

Like revenue slowly drop

Posted by newbie5354_ > 3 days ago | Report Abuse

xiaoeh sifu is it Insas your so-call bargain? Why hard to get 10-20% return in short period let's say 1 month?

xiaoeh

Joyvest sifu
good to have someone raise awareness here
as long as u provide latest updates + facts and figure i think we are all welcome
but remember what Howard Marks once was saying:
it’s not what you buy; it’s what you pay for it.
A high- quality asset can constitute a good or bad buy,
and a low-quality asset can constitute a good or bad buy.
The tendency to mistake objective merit for investment opportunity,
and the failure to distinguish between good assets and good buys, get most investors into trouble.
Because the search is for good buys, my main goal in this chapter is to explain what makes a buy a good one.
In general, that means price is low relative to value, and potential return is high relative to risk.
How do bargains get that way?

https://dl.najafi8.ir/dl/Library/book/[Howard_Marks]_The_most_important_thing_uncommon_.pdf

2 days ago

Posted by newbie5354_ > 3 days ago | Report Abuse

Cheers sifu how is Revenue QR? Insiders dealing(buy or sell) how? Drop then got rebound? Please help to answer my questions.

Cheers

Like revenue slowly drop

1 hour ago

Posted by newbie5354_ > 2 days ago | Report Abuse

As for joyvest please answer Jonathan Keung questions before repeating your unproductive posts.

Posted by xiaoeh > 2 days ago | Report Abuse

Posted by newbie5354_ > 10 hours ago | Report Abuse
xiaoeh sifu is it Insas your so-call bargain? Why hard to get 10-20% return in short period let's say 1 month?

Dear Newbie5354_sifu
At what price i bought Insas...?

Posted by mf > 2 days ago | Report Abuse

Nikkei 225
38,042.50 38,441.00 37,898.50 -1,779.00 -4.47%