Posted by Jilohhuat > 2017-04-14 08:38 | Report Abuse

GSB - Good , So? Buy!!

Posted by Max Ho > 2017-04-14 09:24 | Report Abuse

lol newkid, u chow first

Posted by calvintaneng > 2017-04-14 09:26 |

Post removed.Why?

Posted by calvintaneng > 2017-04-14 11:21 | Report Abuse

That's right.

Gsb = Good Solid Buy

Smart hands are taking over Good Solid Buy from weak hands now due to N Korea uncertainty.

Posted by calvintaneng > 2017-04-14 13:06 | Report Abuse

Good closing at half time today. Up 1 sen in a down market!

Should have moved up higher except for these 2 reasons:

1. Ignorant uncles and unties are selling without knowledge.
2. Stale bulls taking small profit. Don't! Learn like ColdEye to expect higher profit.
3. Panic and losses in other penny stocks without fundamental caused people to hold back in fear.

For those who Know and got extra Cash - this presents a good buying opportunity.

Again Calvin cautions. Buy while cheap! Once very hot on lips of every Tom, Dick and Harry better be careful. For now price is undemanding. So just load up!

Posted by FBMKLCI2015 > 2017-04-14 13:59 | Report Abuse

Calvin Tan Eng, looking at GSB's Balance Sheet, it's current ratio is below 2 and Debt to Cash is more than 8 times....are you sure this Company is not a potential PN17 instead? Current PE is -70...should be price less than 1 cents.

Posted by paperplane2016 > 2017-04-14 14:02 | Report Abuse

GSB one project settle all debts.

Posted by FBMKLCI2015 > 2017-04-14 15:11 | Report Abuse

Say is easy...think carefully, one project costs millions right....their cash on hand only RM5mil...not enough...need to borrow from banks...i.e. liability goes UP!

Posted by Max Ho > 2017-04-14 15:25 | Report Abuse

just like paperplane say, one project settle all debts and still got cash left

Posted by FBMKLCI2015 > 2017-04-14 16:28 | Report Abuse

How to settle all debts with one project??? Debt is 8 times your cash balance.

Posted by calvintaneng > 2017-04-14 16:44 | Report Abuse

Don't ask too many questions or else Gsb will jump away like Jaks from 40 sen to over Rm1.20!

Today Gsb shares are passing from weak hands to smart hands and strong hands!

Posted by Meowyx > 2017-04-14 22:10 | Report Abuse

hold it for 2 months then sell it ------ Meowyx

Posted by calvintaneng > 2017-04-15 17:39 |

Post removed.Why?

Posted by gankc2011 > 2017-04-16 22:10 | Report Abuse

Fact & figures from annual and quarterly results are best gauge to decide whether a stock is good or bad. I don't understand why our friend kept on insisting that these stock will go up high in the future based on the on going projects they have at certain locations and also argued over things by supporting with ridiculous facts.

Posted by calvintaneng > 2017-04-16 22:46 | Report Abuse

Posted by gankc2011 > Apr 16, 2017 10:10 PM | Report Abuse

Fact & figures from annual and quarterly results are best gauge to decide whether a stock is good or bad. I don't understand why our friend kept on insisting that these stock will go up high in the future based on the on going projects they have at certain locations and also argued over things by supporting with ridiculous facts.


Calvin thinks you never do any proper homework.

You have only skin deep understanding.

Ok,

Calvin will dig deep into the accounts & show all the hidden facts you actually can see for yourselves but too lazy to do your own study

So stay tuned for more insights & revelations

Posted by calvintaneng > 2017-04-16 22:58 | Report Abuse

gankc

Before I post all the facts & figures let me relate a true life example

In year 2013 I was in Nusajaya Johor

I visited the M & A Securities New Branch located just beside AmBank (directly opposite Tesco Bukit Indah)

I told one Remisier there about Pm Corp. Pm Corp was only traded between 12 sen to 13 sen then.

He took a very quick look on Pm Corp's few quarterly results. Then shook his head and gave Pm Corp a pass!

He wouldn't want to hear what I got to say about Pm Corp.

He just brushed me aside & totally ignored me as though I am a nuisance.

Ha! The people of OSK Johor bought up Pm Corp in BIG CHUNKS.

All made handsome profits of 5 digit and some 6 digits later.

As for this Remisier from Nusajaya?

So sorry! It closed shop! And a dentist took over the security firm!

I later saw this same Remisier transferred to Pelangi Plaza M & A Securities later. I hope by now he learnt the lesson not to ignore deep research.

So learn to SEE BEYOND THE OBVIOUS!

Always dig deeper to find the treasures


TREASURES IN GSB?

Yes

G = Gold
S = Silver
B = Bank

(With so much wealth all who buy GSB will one day be laughing all the way to the Bank!!


So stay tuned....

Posted by gankc2011 > 2017-04-16 23:01 | Report Abuse

Everybody is entitled for their own opinion. I rest my case here, You can back up your case by presenting new facts for all you want and you are entitled for that. I stand by with my opinion.

Posted by calvintaneng > 2017-04-16 23:11 | Report Abuse

Posted by gankc2011 > Apr 16, 2017 11:01 PM | Report Abuse

Everybody is entitled for their own opinion. I rest my case here, You can back up your case by presenting new facts for all you want and you are entitled for that. I stand by with my opinion.


Remember Steven Covey book

1) SEEK FIRST TO UNDERSTAND, THEN TO BE UNDERSTOOD!!

I haven't presented new facts as yet and you already shut your mind and passed judgement?

No Judge in Malaysia or anywhere in the World can pass any judgement without First Hearing Out The Case Presented!

So come back later and SEE what Calvin got to say before giving final conclusion

Too all other i3 forumers!

Please stay here and decide for yourselves

SEE & LEARN TO DISCERN TRUTH FROM ERROR

What is Real and what is perceived

Differentiate between Facts & Fictions


So don't go away!

Stay tuned.....

Posted by calvintaneng > 2017-04-17 01:08 |

Post removed.Why?

Posted by imlearning > 2017-04-17 09:37 | Report Abuse

still cheap now?

Posted by paperplane2016 > 2017-04-17 09:38 | Report Abuse

wow!

Posted by imlearning > 2017-04-17 09:42 | Report Abuse

can collect now?

Posted by albertwarrior > 2017-04-17 09:48 | Report Abuse

Conclusion

With the trilling events we have mentioned/updated above, we strongly believe PSIPTEK still have higher upside. With the industry PE of Zelan (Negative PE), Johan (Negative PE) approximately 25, the share price should be valued at RM0.35 (havent taken account of future earning growth), 75% upside from current price.

Posted by Max Ho > 2017-04-17 10:22 | Report Abuse

u refer to psiptek or gsb?

Posted by Unlucky > 2017-04-17 10:36 | Report Abuse

bought at 12.5 sen. Pls push up.

Posted by Unlucky > 2017-04-17 11:06 | Report Abuse

Go 15 sen go.

Posted by calvintaneng > 2017-04-17 11:18 | Report Abuse

Good,
Stale bull of yesteryear now being taken away by smart strong hands!

Posted by Unlucky > 2017-04-17 12:36 | Report Abuse

Sold for 0.5 sen profit. Thks those buying. Use the money buy other ctr.

Unlucky bought at 12.5 sen. Pls push up.
17/04/2017 10:36

Posted by paperplane2016 > 2017-04-17 13:40 | Report Abuse

WOW, ANOTHER CRAZY VOLUME

Posted by paperplane2016 > 2017-04-17 13:40 | Report Abuse

Calvin bro, can still recall assumptions we have made many years ago?

Posted by calvintaneng > 2017-04-17 15:21 | Report Abuse

Steven Yong,

Yes, please refresh my mind what you shared about GSB in those early years. Thanks

Posted by red_85 > 2017-04-17 15:45 | Report Abuse

by looking at anzo today big drop, we will know that penny theme ending soon,...jump ship before this penny crash!

Posted by calvintaneng > 2017-04-17 16:09 | Report Abuse

Gsb is rock solid

Gold
Silver
Bank

Anzo I don't know. So no comment

Posted by Surewin123 > 2017-04-17 16:23 | Report Abuse

volume spike detected

Posted by Nigel Low > 2017-04-17 16:24 | Report Abuse

Luckily got in this morning. Will keep holding.

Posted by Nigel Low > 2017-04-17 16:58 | Report Abuse

That guy who sold for 0.5 sen profit today must be screaming in pain.

Posted by freeman975 > 2017-04-17 17:00 | Report Abuse

he always can buy back if he feel sold too early.....

Posted by John Lu > 2017-04-17 17:00 | Report Abuse

Kerjaya boss with misai goreng goreng and dump dump...lol

Posted by Bon Bb > 2017-04-17 17:24 | Report Abuse

sold half my holding entered at 0.09. guys, GSB has the history of pump and dumb before financial report but i think GSB is a very good bet still. i sold high and bot back many times d in the past 3 yrs.....i keep half because this time the movement is higher. just sharing my observation, the rest u guys sendiri decide.

Posted by Nigel Low > 2017-04-17 18:20 | Report Abuse

Bon Bb - Appreciate your piece of advice, will monitor closely. It's been awhile since GSB had such high trading volume (54 mil).

Posted by paperplane2016 > 2017-04-17 18:42 | Report Abuse

http://www.investlah.com/forum/index.php/topic,18320.0.html

Posted by paperplane2016 > 2017-04-17 18:53 | Report Abuse

as I told, leng lui hardly fail me. They all end up bringing me big fat bonuses

Posted by kk123 > 2017-04-17 18:56 | Report Abuse

Tomoro drop la...
Today up..
G residence need more than beauty to complete sales

Posted by paperplane2016 > 2017-04-17 19:01 | Report Abuse

http://gresidence.com.my/

Posted by paperplane2016 > 2017-04-17 19:06 | Report Abuse

lets study back just on G residence.

Posted by kk123 > 2017-04-17 19:19 | Report Abuse

G residence started in 2014 ...
Now is 2017? Sudah siap? Which floor?
In N korea - 74 days= 70 story building.

http://www.upi.com/Top_News/World-News/2016/08/03/North-Korea-touts-construction-miracle-70-story-building-in-74-days/4881470233044/

Posted by paperplane2016 > 2017-04-17 19:19 | Report Abuse

Now got
Cash=5.771mil
Borrowing=49.016mil
Net=-43.245mil
S/O-528mil

G residence 70% sold @ RM400K avg, profit margin 10%=480 units x70%x 400Kx10%=13.4mil
EPS=0.025


another way is avg selling 400K, earn half 200K=67.2mil??? is the land cheap?
another website said GDV 233mil, 10% margin=23.3mil.

Huge differences if looking this way?








Address: Johor Bahru, Johor
Property Type: Service Apartment
Land Title: Commercial
Tenure: Freehold
Built Up: 653 - 1552 sq.ft.
Land Area: 2.72 Acres
Listing Price: From RM327,000 - RM830,000
Bumi Discounts: 15%
Bedrooms: 1 - 3
Bathrooms: 1 - 3

Additional Info :
- Condo facilities at Level 7
- Sky Bridge at level 25
- Sky Garden at roof top

Total Units:
480 units Serviced Apartment
22 units retailshop

Event / Show House :
Sales Gallery open daily 9.30am to 5.30pm daily.( inclusive of Public Holidays)

Location :
• Easy accessibility with excellent
Connection to major highways
• Surrounded by 9 hypermarkets, more than 10 schools and 2 medical centres,
all within a 10 minute drive
Proximity to Singapore
• 15 minutes to CIQ complex

Posted by Surewin123 > 2017-04-17 20:16 | Report Abuse

sry i cant catch the price, i think calvin said 9sen + 9sen (proceed from project?) = tp 18 sen at least?

Posted by calvintaneng > 2017-04-17 21:04 | Report Abuse

Surewin123

Yes, that was the propounded figure from Osk/Iskandar Top Boss about 2 or 3 years ago.

At 9 sen Gsb should make 9 sen then (on condition that G Residence is fully sold) which should equal to 100% gain and therefore he arrived at the price of 18 sen target

However, just as in nature there is no straight line so GSB did not follow that pattern exactly.

In fact there was a fear that G Residence might fail because of loan curb by banks and also the impending glut of high end condos in Iskandar.

In that scenario I sold out my Gsb position. So I fully understand why ColdEye sold it then.

But that was then and things have turned out favourably for G Residence for these reasons:

1) Population growth in Iskandar along with good jobs. At 7.9% population growth there is a surge in demand for landed houses and mid range condos like G Residence (high-end condos are another story)

2) The pechant for Banks to lend within Rm500k margin augurs well for G Residence. Above Rm700k to Rm1 million properties face very stringent loan. So lots of rejection there.

3) The rise of Sing dollar from Rm2.45 to Rm3.17 (about 30% currency gain) for those Johoreans who work in Singapore suddenly translate to better purchasing power. So more can afford to buy plus Banks also more willing to lend.

4) Coupled with the revival of condo sale in Singapore optimism is now returning to Iskandar.

5) There are other sanguine factors like upgrading of highway from 4 to 6 lanes, gentrification, remaking of Giant shopping mall nearby and the imminent opening of the Largest IKEA in Asia within 5 minutes drive in Tebrau.


So many positive turn of events have now lifted up G Residence as an ideal home with security in booming Iskandar


Thank you

Calvin Tan
Singapore

Posted by nicky > 2017-04-17 21:05 | Report Abuse

So what is the TP ?