Posted by calvinteo > 2019-03-04 19:07 | Report Abuse

just refer to sinchew website and then type GSB under search column.

Posted by nckcm > 2019-03-04 19:27 | Report Abuse

Dont know if still can enter ... didnt see the news too late

Posted by calvinteo > 2019-03-04 23:37 | Report Abuse

Can refer to tonite China press business news too.

Posted by Nicholasming91 > 2019-03-05 00:15 | Report Abuse

I think they wanna buy the company... since kerjaya so rich , tomorrow may up again. Boss still have 50mil share in hand

Posted by commonsense > 2019-03-06 06:25 | Report Abuse

This is a pure speculative stock given that the company’s 9m19 result is a loss of around RM4.5mil. The recent increase of the stock price can be mainly attributed to the Edge Weekly report which indicated the possibility of Datuk Tee Eng Ho (major shareholder of Kerjaya Prospek) doing an RTO on GSB to create a new property development vehicle for his family (Kerjaya will focus mainly on construction). In the article, The Edge used a price example of 20 sens as reference for the potential RTO. All this speculation comes from the previous MGO offer by Datuk Tee back in May 2018.

However, investors need to take note that the previous MGO offer was only at 13 sens of which Javawana (Datuk Tee investment vehicle) did not increase the offer price when it failed to get the acceptance of the other shareholders mainly due to the sudden increase in the share price to a high of 25.5 sens.

The last transaction made by Javawana was back in 4th Dec 18 when it acquires an additional 10.5mil shares at 15 sens to bring its equity holding in GSB to 40.82% (a 0.1% increase). This was the only transaction made post the failed MGO.

If you are looking to diversify your portfolio outside of GSB (due to its speculative nature), I would recommend you to look at MBMR. (https://klse.i3investor.com/servlets/stk/pt/5983.jsp)

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.1x PE based on FY18 profit of RM166mil. PB is low at only 0.7x BV.

FY19 should deliver another profit growth year to the company. Profit growth will again be driven by the performance of Perodua (via MBMR 22.6% holdings in Perodua) from the still strong sales of new Myvi, sales of SUV Aruz and the introduction of the newly revamp Alza sometime in the 2H19. Aruz which commands a higher margin compared to other models, will help improve the total profit margin of Perodua (which will flow to MBMR’s bottom line as well).

MBMR is expected to achieve a profit of RM200mil in 2019. At the current share price, the company is being valued at only 5.0x which is a lot lower than the industry average of 15x PE. As an example, UMW (another company with exposure to Perodua) is currently trading at a PE multiple of almost 20x.

Good luck.

Posted by Icon8888 > 2019-03-06 06:30 | Report Abuse

This stock I have

As a property play backed by kerjaya boss

Maybe one day he injects assets

But you are entitled to your opinion

No worry

： ）

Posted by ongkeatsoon > 2019-03-13 15:28 | Report Abuse

bought 0.195c ok?

Posted by nckcm > 2019-03-13 15:43 | Report Abuse

Buy back at 0.185 also boleh

Posted by BMan > 2019-03-18 11:18 | Report Abuse

From the recent announcement re the sale of the Bentong projects: For information purposes, the Board is in the midst of identifying viable and strategic landbanks and/or property development projects to sustain and/or improve the financial performance of GSB Group. For avoidance of doubt, no specific assets have been identified at this juncture. The Company will make the requisite announcement(s) in relation to any future corporate proposals in compliance with the Listing Requirements.

Posted by BMan > 2019-03-18 11:20 | Report Abuse

Would interpret this as code that there will eventually be some kind of injection...

Posted by nckcm > 2019-03-18 11:24 | Report Abuse

Injection from kerjaya. But not yet

Posted by calvintaneng > 2019-03-24 23:20 |

Post removed.Why?

Posted by 2323 > 2019-03-29 13:36 | Report Abuse

rocket coming soon.....

Posted by calvintaneng > 2019-04-11 21:51 |

Post removed.Why?

Posted by BMan > 2019-04-23 23:36 | Report Abuse

They've awarded the construction contract for the Old Klang Rd project, ie there should be a launch coming up soon.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6134105

Posted by 3iii > 2019-04-30 16:35 | Report Abuse

Pity those who are trapped in this stock.

No dividends.

Losses since 2014.

Its NAV per share is 9.3 sen and its price per share today is 19.5 sen. (P/BV = 2.1x)



My advice is to SELL and re-employ your money into another stock.

Posted by Icon8888 > 2019-04-30 18:59 | Report Abuse

I am happily holding

New boss new potential

Posted by fairman > 2019-05-02 14:23 |

Post removed.Why?

Posted by fairman > 2019-05-02 14:25 |

Post removed.Why?

Posted by calvintaneng > 2019-06-10 10:29 | Report Abuse

Gsb

Good
Small
Baby

Now
Great
Smart
Boy

Calvin bought at 9 sen

Now up more than 100% at 19 sen

Calvin already sold enough to take back original capital and a chunk of profit

Now still holding free shares of gsb

Tell you what?

Now go buy some Asb (1481)

ASB?

A solid buy!!!

More solid than gsb

Posted by chang1234 > 2019-07-22 11:41 | Report Abuse

gsb high volume today..

Posted by calvinteo > 2019-07-22 18:54 | Report Abuse

Today 14.8178M shares transacted from 18.5 sen to 20 sen as compare to earlier 4/3/2019 with 15.473M traded from 17.5 sen to 21.5 sen. Both closed at 20 sen.

Chart indicated a good entry sign for Great Super Boy.

Note: Invest and or trade at your own risk!

Posted by lenoleno > 2019-07-23 14:05 | Report Abuse

@lobangking, REALLY? THEN YOU SHOULD BUY SENYAP-SENYAP,
INSTEAD OF SHOUTING KUAT-KUAT asking LENO to buy.

Posted by lenoleno > 2019-07-23 14:07 | Report Abuse

NETX, PUC, FINTEC, MTRONIC? ALL ONCE > 10 SEN (NETX 9 SEN),
Yes, "Once Upon A Time" , "past"

Being unloaded by sharks at these price, to you lokangking,
how willing would LENO buy up again to >10 sen, the price you bought?

Posted by patrick2 > 2019-08-07 21:59 | Report Abuse

GSB suspended pending material announcement

Posted by jay_cwk88 > 2019-08-12 18:17 | Report Abuse

limit up

Posted by 2323 > 2019-08-08 23:15 | Report Abuse

So happy....

Posted by Ncm88 > 2019-08-07 09:56 | Report Abuse

Tuesday limit up 0.3

Posted by patrick2 > 2019-08-06 22:52 | Report Abuse

guys , any comment on the announcement??

Posted by patrick2 > 2019-08-11 22:44 | Report Abuse

Anybody of any idea what would be the value of GSB after the corporate exercise?

Posted by 2323 > 2019-08-13 05:22 | Report Abuse

Finish goreng ??? Waiting few day just 5minit only...kikikikiki.....

Posted by j450n > 2019-08-04 09:22 | Report Abuse

so short rally?

Posted by zul > 2019-08-13 11:53 | Report Abuse

BYE BYE ..

Posted by No right Nor wrong Only to Win > 2019-08-13 12:40 | Report Abuse

Another Cinderella in time of chaos.
I have faith in Tee .

So, worth to monitor lah.

Posted by No right Nor wrong Only to Win > 2019-08-13 12:41 | Report Abuse

If 0.170 will be good .
Same charm with kerjaya warrant
And Gdb

Posted by SeoulSniper > 2019-08-13 20:47 | Report Abuse

Personally feel the stock is overvalued at this price even with asset injection. Heard the take up rate for the development project going to inject in is not very good. Is it true?

Posted by r2d288 > 2019-08-20 12:27 | Report Abuse

seoulsinper is right

Posted by funny2331 > 2019-08-20 19:44 | Report Abuse

Everybody please hold tight. Result will be very fruitful. Datuk Tee already settle johor G-residence old mess leave by previous director. Kerjaya prospek property Sb have a very high profit record. Buy for long term before EPF and other investment company comes in. U guys can refer to kerjaya prospek Berhad previous share price.

Posted by SeoulSniper > 2019-08-21 09:42 | Report Abuse

I heard from my client. G residence still in the mess, the payment to contractor is long overdue for many months.

Posted by hairun > 2019-08-28 18:58 | Report Abuse

Ok tomorrow limit up hahaha sohai

Posted by Armada An Quantum Leap Stock In 2019/2020 > 2019-09-21 19:11 | Report Abuse

Errr !
The $44/- divided by its currently nosh
Not suitable or best measurement.

Guven their soon to kick in for 3611lots of rcps.

Maybe, u can follow their price to book ratio post rcps call.

Posted by Armada An Quantum Leap Stock In 2019/2020 > 2019-09-21 19:14 | Report Abuse

Very likely market will compares its price to book from kerjaya with a 50% discount at the initial stage and further improve while everything well progressively.

Posted by Chris Khoo > 2019-09-21 20:08 | Report Abuse

in 2016 Jan, issuance of 300+mio RCPS have minimum effect on price...changed less than 5% upon issuance!!! I have fair in Tee!!!

Posted by Chris Khoo > 2019-09-22 14:05 | Report Abuse

Some additional notes:

KPP's net profit margins for 9 months ended 31/3/2019 and full year 30/6/2018 were very much better than I initially estimated!!! I revise the NP to about 18% (conversative figure, actual was slightly higher)....the remaining risks would be unsold units of koleidoscope and the G residence...it looks like g residences really not doing well!!!

Posted by Chris Khoo > 2019-09-22 18:36 | Report Abuse

Some quick notes:

Kerjaya Hotel Sdn Bhd - 12 months average revenue of 44mio for year 2017-2018 and net profit after tax of about 6million
Aeon Frontier Sdn Bhd - yet to find any approve plan in OSC online
Kerjaya Prospek Property Sdn Bhd - approved earthwork plan for 19stories service apartments with 2 stories of commercial units @ Jalan Seri Tanjung (Jul'19)
Kerjaya Prospek Property Sdn Bhd - Bloomsvale progress (estimate completion 2023, GDV1.159billion)- https://www.bloomsvaleresidence.com/site-progress

Current issued share - ¬551mio; additional listing 197mio = total 748mio
Additional RCPS (only to major shareholder, not for listing) - 3168mio (not affected EPS but in substance affects FDEPS)

Estimated Bloomsvale revenue/year (from 2020) - 290mio; @ NP margin of 13% NP = 38mio
Estimated Swiss Garden Melaka revenue/year - 44mio; NP = 6mio
(Tanjong Tokong GDV/progress unknown Aeon Frontier unknown)

Estimated minimum revenue/year (from 2020) - 334mio ; NP - 44mio
Estimated yearly minimum EPS (RM) - 0.059
@PE of 10, then share price = 60sen

Posted by Chris Khoo > 2019-09-22 20:09 | Report Abuse

Base on Kerjaya's past trend, bosses may convert 700mio-1200mio RCPS to mother share between June - Dec 2020 (or 1 QTR earlier), the convertion, is to stabalise the P/E @ level of about 10!!!

Posted by HazByn > 2019-11-29 11:48 | Report Abuse

standby...GSB going to fly...

Posted by funny2331 > 2019-11-29 15:03 | Report Abuse

Buckle up everyone...

Posted by lbjtrader > 2019-11-29 17:56 | Report Abuse

Anyone can explain announcements today? looks going up

Posted by Salihin45 > 2019-12-02 19:26 | Report Abuse

touch 0.2 then it fly...