Posted by Jack Leo > 2014-08-26 15:31 | Report Abuse

Of course profit.. If loss, we won't be investing in this counter

Posted by albukhary > 2014-08-26 15:33 | Report Abuse

Quarter report expected loss making... it is expected, so when you see loss, please do not panic.
Because many cost has been incurred on May and June, before they launch the G-residence on July.

But next quarter result should be very good, due to the great sales on G-Residence, and the one-off revaluation gain on property.

Posted by Steven Yong > 2014-08-26 15:49 | Report Abuse

I expect people panic selling, so I will collect when Quarterly report out

Posted by Lee Kian Hong > 2014-08-26 18:18 | Report Abuse

when the report out?

Posted by Jack Leo > 2014-08-26 20:51 | Report Abuse

Don't worry with price correction the price will boom very fast..

Posted by FatBigBen > 2014-08-26 22:05 | Report Abuse

When boom? Just buy 10,000 today... Need to reload more?

Posted by Jack Leo > 2014-08-27 07:57 | Report Abuse

Good for you.. You are soon to reap a huge profit.. Just be patient

Posted by Jack Leo > 2014-08-27 10:27 | Report Abuse

huhuhuhuhuhuhuhu.....huat ahhh...huat huat

Posted by toolateboy > 2014-08-27 11:58 | Report Abuse

0.115. Start panic selling already?

Posted by Jack Leo > 2014-08-27 15:17 | Report Abuse

waloa eh... i didnt manage to key in 0.115.. wasted...now queue so long for 0.115

Posted by Jack Leo > 2014-08-28 09:27 | Report Abuse

Boom boom boom baby... Let's roll

Posted by toolateboy > 2014-08-28 10:06 | Report Abuse

Volume = 0. Cant roll baby. Quarterly report supposed to be out today?

Posted by Jack Leo > 2014-08-28 10:21 | Report Abuse

Should be today.. Or tomorrow latest.. But I can sense that it's gonna be green.. Small green

Posted by steveooikp > 2014-08-28 11:25 | Report Abuse

Result RED................. RUNNNNNNNNNNNNNNNNNN NOW......................... once announce, can buy at 10 sen.......................

Posted by steveooikp > 2014-08-28 11:31 | Report Abuse

now everyone very happy on GSB bcos of G residence.... but result sure RED mah.... once announce sure drop mah... sell now at 12 sens and later buy back at 9 to 10 sens lah....

Posted by Jack Leo > 2014-08-28 11:44 | Report Abuse

IAS 11 construction contracts.. Revenue should be recognized as per stage of completion not as when they sell the the completed g residence

Posted by steveooikp > 2014-08-28 11:46 | Report Abuse

10% upon sign SPA.... this 10% aldy offset in the discount ... left 2% .... need to pay for mobilisation cost.... later 10% of sub-srructure completed... u need to pay for the sub-structure contractor mah.... so end up no money..... kekeke.....

Posted by Jack Leo > 2014-08-28 11:47 | Report Abuse

Even if drop also drop a little only.. By that time they recovered, don't even hope of getting them at 0.120.. You will be looking at 0.180..

Posted by steveooikp > 2014-08-28 11:49 | Report Abuse

not to be forgotten... not 100% sold .... 30% under bumi lots... only 70% can be sold... out of 70%, not 100% can be sold... bcos agents will take maybe 30% of 70% by agenets..... thus if they can sell say 40% of 100% consider as very good in that location... locations remote mah... surrounded by timber plank houses mah....

Posted by Jack Leo > 2014-08-28 11:55 | Report Abuse

Where will you rather buy a house to stay?? Nearby timber house estate which is landed and cheap and new or some used condo? Or old housing estate?? Remote location can also become prime location.. Come to think of it.. Most prime area now used to be remote area

Posted by steveooikp > 2014-08-28 11:58 | Report Abuse

but the rate is definitely not worth from RM 420 / ft2 at that area. I bought an unit at A suite.... prime location, near Jusco, Chinese primary school, Tesco, hospital, banks, nested with residential... only less than RM 400 / ft2 at high level....

Posted by steveooikp > 2014-08-28 12:00 | Report Abuse

JB market is not worth RM 420 / ft2 in that location, u trust me... see D' ambience... location better than G residence... somemore by ijmland... around RM 400 / fts....

Posted by vitac > 2014-08-28 12:11 | Report Abuse

steve d ambience Rm 400 psf where can get, only big units left at Rm 460 psf, G residence is selling at around Rm 460 psf also but not include loan agreement. If compere D ambience better cause key handling at coming Oct, G residence i think not even start piling.

Posted by Jack Leo > 2014-08-28 12:12 | Report Abuse

I am not saying it is rm420/ft2.. But it is worth around there.. Should be able to earn them a decent profit

Posted by vitac > 2014-08-28 12:18 | Report Abuse

GSB is sharing this project with land owner not 100% owned, some more now property is in cooling period, very hard to sell those high rise now, except for landed property.

Posted by steveooikp > 2014-08-28 12:18 | Report Abuse

vitac... hahaha... I asked ijmland 1 year ago lah... RM 420 /. ft2 was 1 year ago price mah... wow.... now RM 460 / ft2 aldy arr... so u see lah... G residence how to compare to D'ambence... then that side somemore got Parc Regency by Mayland... at below RM 400 / ft2 (also 1 year ago price) ..... many many development loh.... RM 460 / ft2 by G residence not cheap leh.... ppls want a better name developers ... like mahsing, Tropicana, ijmland, sp, .... bcos once recession.... property can still complete and handover.... else, tower crane stuck in the sky and end purchasers still need to pay instalment and interest to bank loh... just like kamayan city, lot 10 (by pilecon), skudai plaza... till to-date....end purchasers paying instalment and interest to banks and kek sim only.... all hard earn money helping rich man to upgrade from Merc to Bentley....

Posted by steveooikp > 2014-08-28 12:22 | Report Abuse

vitac.... new landed property in JB expensive loh... like those in horizon hill, sp setia, daiman..... all very expensive loh..... those 2nd hand one very demanding now... bcos can be cheaper by 20% compare to new one.... esp. for new couple, no money mah... so buy 2nd hand loh... rm 500k can buy double storey old one... once got money then renovate loh .... can renovate to their requirement and liking... developer charge you RM 700 k for a double storey .... finishes still lousy mah...

Posted by steveooikp > 2014-08-28 12:24 | Report Abuse

I am from Johor mah... I know all these cycle and changes... I bot A suite bcos I feel worth it that time... somemore by mahsing.... nestled in a well established living community...

Posted by vitac > 2014-08-28 12:24 | Report Abuse

Agree always looks for a reputable developer, not only matters on buying property what about the service after they handover.

Posted by vitac > 2014-08-28 12:30 | Report Abuse

steve u r right but 2nd hand you have to pay a lot deposit, buy new only pay 3k other will be settle by developer, young couple can loan to a max 40y that why 2nd hand property moving slow.

Posted by steveooikp > 2014-08-28 12:34 | Report Abuse

vitac.... yes... sure can complete mah... esp. bubble getting bigger and bigger.... if cannot complete... we are peanut buyer... what we can do loh... see those end purchasers in kamayan and lot 10... they go and look for developers, HDA.... no action also mah... HDA is here helping the rich to become richer loh... now kamayan I heard WCT got it... and I heard those end puchasers only got small compensation... not even emough to pay interest to bank.. this is so call big fish eat small fish... however, during that time, if you bought properties from developers like crescendo, daiman, pelangi.... you sure can get your completed properties and now you sure huat lor... rental also can cover bank instalment and interest....

Posted by steveooikp > 2014-08-28 12:40 | Report Abuse

all in all... I don't see GSB is in good shape loh in that location with that selling price... I don't believe they have sold 70% as mentioned by calvintaneng.... green dot stick on the board does not mean is sold loh.... bcos so far I did not see any share buy back from GSB bosses.... I would rather go for developer like L&G, even nexgram (bcos of prostaco is behind, KL more demanding due to the location loh)

Posted by steveooikp > 2014-08-28 12:45 | Report Abuse

yes, 2nd hand house pay more deposit... I think for a couple who really need a house... they can afford to pay more on the deposit loh... for new houses, developers aldy add in the extra in the selling price mah.. that's why you only pay RM 3k loh...

Posted by Jack Leo > 2014-08-28 12:47 | Report Abuse

I am no expecting it to go 0.500 or 0.300.. I am expecting 0.200.. A more realistic expectation

Posted by Fey68 > 2014-08-28 12:51 | Report Abuse

how about this company just buy land at pj from pkns this is good location and prime area .

Posted by steveooikp > 2014-08-28 13:44 | Report Abuse

Fey68... buy land... loan.... appoint consultant... plan approved... BP approve... all these will take at least 1year later to start to build.....

Posted by Fey68 > 2014-08-28 13:53 | Report Abuse

yes at list still got incoming project to make money for the company and prove that this company still can

Posted by Jack Leo > 2014-08-28 15:47 | Report Abuse

Go go go up up up.. Huat huat huat

Posted by luigee > 2014-08-28 17:38 | Report Abuse

When GSB price going up, you have calvintaneng talking blah blah, steveooikp silent..When GSB price going down, you have steveooikp talking blah blah, calvintaneng silent. I wonder who's the conman...or the conman is the same person? hmmm..

Posted by Fey68 > 2014-08-28 17:51 | Report Abuse

GSB REPORT OUT LOSS 0.818 million be prepare for tomorrow

Posted by albukhary > 2014-08-28 19:01 | Report Abuse

I'm sure a lot of people heard about this quote "Don't put all your eggs in one basket".
For many people, this quote is for risk management.
But for me, this quote is for expectation management.

If you invest all your money into one stock, and you expect the stock will be raise. Then you will feel sad or down if the stock go down.

But if you invest in few stocks, you spread your expectation into many stocks. Sometime this one disappointed, sometime that one give you surprise, this week this counter drop, next week that counter raise.

So you life will be more balance, and your emotion will be more stable.

Posted by toolateboy > 2014-08-28 22:23 | Report Abuse

How low it can go tomorrow? Any guess?

Posted by toolateboy > 2014-08-29 09:15 | Report Abuse

0.115. still strong

Posted by calvintaneng > 2014-08-29 10:38 | Report Abuse

YES! ACCORDING TO THE LATEST NEWS

1) G RESIDENCE GOING STRONG. SINGAPORE & MALAYSIA MRT & HIGH SPEED RAIL ON TRACK

2) GSB MIGHT LAUNCH ANOTHER GATED GUARDED PROJECT IN SELANGOR SOON!

3) GSB JUST WON A TENDER FOR A VERY PRIME PIECE OF LAND IN PJ INDUSTRIAL HEART LAND!

LAST QUARTER RESULT IS THE LAST OF LOSSES FOR GSB

GOING FORWARD GSB WILL RIDE INTO A VERY ROSY FUTURE!

GSB = GOOD STOCK BARGAIN

BUY NOW BEFORE IT TURNS INTO GREAT STOCK BERHAD

Posted by Zeefoo > 2014-08-29 14:38 | Report Abuse

Agreed. Good for medium & Long term

Posted by Alex Chan > 2014-09-01 01:43 | Report Abuse

good for coma. late comer to property development. now slowdown in sales

Posted by Victorysia > 2014-09-02 10:49 | Report Abuse

Can buy??

Posted by Jack Leo > 2014-09-02 15:50 | Report Abuse

Oh gsb faster rebound.. Invested a lot in you

Posted by sohailar > 2014-09-02 16:06 | Report Abuse

patience..Patience...

Posted by tpchuayap > 2014-09-03 14:47 | Report Abuse

Happy Investing....