GLOBETRONICS TECHNOLOGY BHD

KLSE (MYR): GTRONIC (7022)

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Last Price

0.53

Today's Change

-0.015 (2.75%)

Day's Change

0.525 - 0.545

Trading Volume

6,514,400


17 people like this.

8,925 comment(s). Last comment by mrkhoi306 8 hours ago

5354_

4,836 posts

Posted by 5354_ > 1 month ago | Report Abuse

YTL QR out they goreng up back. So GT have to show QR not poor.

Posted by findfreedom > 1 month ago | Report Abuse

...

Posted by newlifenolie > 1 month ago | Report Abuse

FindFreedom, From the statement , I can conclude it that the QR report still come out as per procedure (the latest will be 31 Nov including Grace Period) , it just the annual report will be 3 months delay and include all 15 months detail.

Please correct me if I’m wrong

Posted by TheVenturer > 1 month ago | Report Abuse

i see many millionaire in this counter next year

Posted by newlifenolie > 1 month ago | Report Abuse

2 more days to go, we should able to see the QR, if the QR is bad and they purposely drag it (1 month grace period) then this counter has no integrity at all. i'm holding at 0.6 now and i will gonna sell it

c2k9791

275 posts

Posted by c2k9791 > 1 month ago | Report Abuse

QR 29-Nov-24

Posted by findfreedom > 1 month ago | Report Abuse

@newlifenolie you probably right.. I have no idea.. lol 😅

Posted by NatsukoMishima > 1 month ago | Report Abuse

https://www.klsescreener.com/v2/news/view/1434187

Gtronic in DATA CENTER BUSINESS , heng ONG HUAT !

fregend

619 posts

Posted by fregend > 1 month ago | Report Abuse

Looks like they are finding new business

fregend

619 posts

Posted by fregend > 1 month ago | Report Abuse

Looks like they are finding new business

Posted by NatsukoMishima > 1 month ago | Report Abuse

https://www.klsescreener.com/v2/news/view/1434187

Wow , game changer coming , gtronic in AI DC business !
The liar joyvest who said insider eat money 60million put in pocket pls come out now and comment dont hide inside buntut hole !
As i said before gtronic will hit back to rm 1.50 in 2025 n towards rm 3 !

Posted by NatsukoMishima > 1 month ago | Report Abuse

U will regret no buy at bottom price now just like last time i recommend vstecs !

Posted by NatsukoMishima > 1 month ago | Report Abuse

All in is the only way for inari 2.0 !

Posted by NatsukoMishima > 1 month ago | Report Abuse

A company n CEO keen to change for future business is worth to invest not like zhulian , tongher all eat old rice pay u high dividen but loss all capital gain !

5354_

4,836 posts

Posted by 5354_ > 1 month ago | Report Abuse

Ex-boss Ng Kweng Chong(GT founder if not mistaken) if ask i3 members nobody have news? RM 140 million cash what he do? Retire happily enough?

joyvest

10,575 posts

Posted by joyvest > 1 month ago | Report Abuse

The sudden surge is illusionary .....

joyvest

10,575 posts

Posted by joyvest > 1 month ago | Report Abuse

It is believed that 60m is unaccounted for but is sitting as other receivables. Basically, the said amount is gone with the wind and pending for impairment. When questioned, their preposterous explanation is that the said amount is a placement of deposit to secure sales..... WTH

Bursino

320 posts

Posted by Bursino > 1 month ago | Report Abuse

I think Joyvest is doing good here to keep the management in check with her postings.

joyvest

10,575 posts

Posted by joyvest > 1 month ago | Report Abuse

The Management have yet to explain the reason why the incumbent KPMG resigned. They resigned for a valid reason. What is the valid reason ? You Know very well that the incumbent KPMG is bound by the terms of engagement to carry out their duties of audit from one AGM to another AGM though they have the right to resign during the terms of their office ( before expiry of their terms of engagement )

Posted by newlifenolie > 1 month ago | Report Abuse

joyvest is giving a correct mindset of a shareholder that this company is not a toy for management to play with. Lets see today's QR, it will prove who is the right one.

coolinvestor

1,271 posts

Posted by coolinvestor > 1 month ago | Report Abuse

Well gtronic for these new management & APB is their only crown jewel. if they F it up...habis lo

So am glad to see the new management working well.
At least they know now not to F it up.
Gonna give them a chance now. Keep bringing in new tech and partnerships.
In the semicon line, you have to keep adapting and push into new techs.
AI and data centers seems to be the future.....so at least they are smart enough to go into it.

not like our silteraa or inari....too cushy and comfy with thier cash cows dy.

Posted by NatsukoMishima > 1 month ago | Report Abuse

Siltera is a gem bro , be patience ,dnex will skyrocket !

coolinvestor

1,271 posts

Posted by coolinvestor > 1 month ago | Report Abuse

ya keep dnex for 10 years....sure can skyrocket....lol

fortunefire

1,533 posts

Posted by fortunefire > 1 month ago | Report Abuse

KWSP starts buying?

5354_

4,836 posts

Posted by 5354_ > 1 month ago | Report Abuse

EPF was once GT major shareholders why cannot return?

Posted by fortunefire > 10 minutes ago | Report Abuse

KWSP starts buying?

joyvest

10,575 posts

Posted by joyvest > 1 month ago | Report Abuse

EPF will not return , not in a million years............ you can forget about it...........EPF and LTH are expected to exit in time to come...

5354_

4,836 posts

Posted by 5354_ > 1 month ago | Report Abuse

APB still down today and yet to report likely big loss QR not only Q3 but Q4 as well.

BabyBee

22 posts

Posted by BabyBee > 1 month ago | Report Abuse

Next week
"Lau Sai"

Ryanlim83

26 posts

Posted by Ryanlim83 > 1 month ago | Report Abuse

If they unable to report QR today and delay to another date there will be more selling down next week

Posted by newlifenolie > 1 month ago | Report Abuse

Gg it’s a doom

curiousq

1,168 posts

Posted by curiousq > 1 month ago | Report Abuse

OMG!! first ever loss reported?
-5m

Posted by EatCoconutCanWin > 1 month ago | Report Abuse

Results good will drop, results bad will up for sure. Lol

coolinvestor

1,271 posts

Posted by coolinvestor > 1 month ago | Report Abuse

Been reading up on this poet tech canada company.
Poet is expanding its production capacity to meet the AI demand.
So poet is partnering with gtronic
U guys can google poet technologies

Looks good with the optical tech.
Should show good results in the future. But must wait lo.
Now is the time to invest at a cheap price. Lol. Or wait for cheap cheap price to buy n hold
Buy at your own risk.lol

Eric Fong

1,201 posts

Posted by Eric Fong > 1 month ago | Report Abuse

True.
Do your own homework and ignore outside noise to make decision.
Buy at our own risk.

coolinvestor

1,271 posts

Posted by coolinvestor > 1 month ago | Report Abuse

Eric fong thx for info. I think looks good. But management must of course keep up the work. Lol

coolinvestor

1,271 posts

Posted by coolinvestor > 1 month ago | Report Abuse

Gtronic is crown jewel of apb after all

geary

6,397 posts

Posted by geary > 1 month ago | Report Abuse

newlifenolie
joyvest is giving a correct mindset of a shareholder that this company is not a toy for management to play with. Lets see today's QR, it will prove who is the right one.
1 day ago
Q at...@0.30/share... that's reasonable price...!?

Posted by NatsukoMishima > 1 month ago | Report Abuse

I q at 10 sens , really hope can buy more 100k units at cheap price !

curiousq

1,168 posts

Posted by curiousq > 1 month ago | Report Abuse

yes, q @10sen is very wise ..... down side is very limited

linheng

1,378 posts

Posted by linheng > 1 month ago | Report Abuse

Forex loss of 8.1m. If not got profit

linheng

1,378 posts

Posted by linheng > 1 month ago | Report Abuse

Despite the uptick in revenue, the Group faced a loss before tax of RM4.1 million for the current quarter ended 30 September 2024, as opposed to a profit before tax of RM6.5 million in the immediate preceding quarter ended 30 June 2024. This was largely due to a foreign exchange loss of RM8.1 million recorded in the current quarter, compared to a marginal gain of RM0.1 million in the immediate preceding quarter ended 30 June 2024. The foreign exchange challenges have impacted profitability, highlighting the continued headwinds faced by the industry.

linheng

1,378 posts

Posted by linheng > 1 month ago | Report Abuse

If 60m was siphon off, why the accounts on 30 Sept 2024 still show a cash of 139,842,000

linheng

1,378 posts

Posted by linheng > 1 month ago | Report Abuse

GLOBETRONICS TECHNOLOGY BHD
Registration No. 199601037932 (410285-W)
INTERIM REPORT FOR THE FINANCIAL QUARTER ENDED 30 September 2024
Condensed Consolidated Statement of Financial Position
The figures have not been audited
Note As at As at
30/9/2024 31/12/2023
RM'000 RM’000
Assets
Property, plant and equipment 21 67,813 72,592
Investment properties 13,177 13,473
Investment in an associate 5,605 5,259
Other investments 6,412 6,733
Deferred tax assets 836 836
Prepayments 842 186
Total non-current assets 94,685 99,079

Inventories 7,327 6,223
Current tax assets 177 99
Trade receivables 23 18,494 19,490
Other receivables, deposits and
prepayments 65,005 1,042
Cash and cash equivalents 139,842 210,110
Total current assets 230,845 236,964

Total assets 325,530 336,043

curiousq

1,168 posts

Posted by curiousq > 1 month ago | Report Abuse

boss of APB is honest person?

coolinvestor

1,271 posts

Posted by coolinvestor > 1 month ago | Report Abuse

Gtronic is the crown jewel of APB. So I dont think they will want to F up GTronics.

Too important for them. so relax.....lol

Posted by FlyingEagle > 1 month ago | Report Abuse

Revenue drop, profit drop. still got hope? umm............

Posted by NatsukoMishima > 1 month ago | Report Abuse

Temporary only

Posted by newlifenolie > 1 month ago | Report Abuse

Looks like spreading good news before bad QR is helpful. Only drop 2.73%

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