G CAPITAL BERHAD

KLSE (MYR): GCAP (7676)

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Last Price

0.365

Today's Change

0.00 (0.00%)

Day's Change

0.36 - 0.365

Trading Volume

326,300


6 people like this.

1,707 comment(s). Last comment by lee901 1 day ago

loikee

9 posts

Posted by loikee > 2020-12-29 16:32 | Report Abuse

Huhuhu reach 1.0 mark again, cmon gcap go go go

Zolan2020

449 posts

Posted by Zolan2020 > 2020-12-29 17:21 | Report Abuse

nice. no need next year. this year also good.

Posted by giselletang > 2020-12-30 08:58 | Report Abuse

luckily I bought gcap

Posted by Vidya0000 > 2020-12-30 08:59 | Report Abuse

See, what I told u guys

Posted by Vidya0000 > 2020-12-30 08:59 | Report Abuse

yayy itz up

Posted by emc2garylow > 2020-12-30 10:32 | Report Abuse

The best counter for recovery la, u want renewable energy, transportation, bank, all in one... No need one by one go buy those stock haha

Marky3

172 posts

Posted by Marky3 > 2020-12-30 12:37 | Report Abuse

Buy today for tomorrow window dressing

linaaaa

40 posts

Posted by linaaaa > 2020-12-30 13:40 | Report Abuse

now break 1.0

ask1961

338 posts

Posted by ask1961 > 2020-12-30 14:45 | Report Abuse

Whats d highest price can go?

Posted by Moneyking543 > 2020-12-30 14:53 | Report Abuse

5

Posted by Moneyking543 > 2020-12-30 14:54 | Report Abuse

hahaha

Marky3

172 posts

Posted by Marky3 > 2020-12-30 15:29 | Report Abuse

1.3 enough. Don’t chase high

ask1961

338 posts

Posted by ask1961 > 2020-12-30 15:34 | Report Abuse

Moneyking543. 5 Renminbi?

ask1961

338 posts

Posted by ask1961 > 2020-12-30 15:36 | Report Abuse

Marky3. Thats what d analyst predicted. Tq.

ask1961

338 posts

Posted by ask1961 > 2020-12-30 15:36 | Report Abuse

But now like no more steam.

tpcourt123

729 posts

Posted by tpcourt123 > 2020-12-30 20:54 | Report Abuse

By Ahmad Naqib Idris | theedgemarkets.com | 2020-12-30 20:30:08
KUALA LUMPUR (Dec 30): STYL Associates PLT has resigned as the auditor of G Capital Bhd, effective today.

This is the latest company listed on Bursa Malaysia that has announced the resignation of its auditor this month.

In a filing with the bourse, loss-making G Capital said it received a notice in writing for the auditor's voluntary resignation, with the latter citing the unavailability of resources to manage the engagement.

"Save for the above, the board is not aware of any matters that need to be brought to the attention of the shareholders of the company.

"The company has identified Messrs UHY (AF 1411) as the replacement auditors. However, the appointment can only be finalised upon receiving the letter of consent to act as auditors of the company," said the group.

Last week, Asia Media Group Bhd, whose founder Datuk Ricky Wong has gone missing following allegations of money laundering, also saw the departure of STYL Associates as its auditor, due to manpower issues.

It is noted that there has also been a spate of auditor resignations this month, including Jamal, Amin & Partners' resignation as the external auditor of DGB Asia Bhd, INIX Technologies Holdings Bhd, as well as SMTrack Bhd, also due to manpower issues.

Meanwhile, PKF Malaysia voluntarily resigned as the auditor of Fintec Global Bhd, citing resources constraints as well.

G Capital's share price has had two roller coaster rides this year. The first nail-biting ride was in mid-July, when the stock shot up from 56 sen to RM1.27 on Aug 10. A month later, it fell to 54.5 sen on Sept 10.

About two months later, the stock climbed from 69 sen on Nov 19 to RM1.33 on Dec 8. The rally lost steam, sliding to 81.5 sen on Dec 22. The counter closed at RM1.04, giving a market capitalisation of RM317.92 million.

Mathatter

22 posts

Posted by Mathatter > 2020-12-31 00:55 | Report Abuse

What is theedge trying to imply ? what a shitty useless article. Isn't theedge the same that carelessly linked Public Bank with GCap's strategic entry into the banking sector in Cambodia. Creating a false investment opportunity perception, and then when denied by Public Bank, causing GCap to go limit down, and massive losses for GCap shareholders. STYL cited manpower issues for its resignation because of the limitations of Bursa disclosure requirements (tell me what they can actually say as the reason for resignation). STYL cannot say they are a tiny auditing outfit from Alor Setar that cannot find experienced and qualified auditors to work for them at low salaries (especially during covid) to carry out the extreme workload of auditing a company with around 20 hydro sites in the jungle, 300 buses around Malaysia (Mindef contract) and a banking subsidiary in Cambodia for measly auditing fees/ compensation. Simultaneously with strenuous and the ever-changing Malaysian Financing Reporting Standards, and an Audit Oversight Board (SC) glaring over their shoulder continuously ready to pounce on anything that they may unintentionally overlook when auditing. The article should be about how difficult and unrewarding it is to be a small audit firm that has public listed company clients. And how the big audit firms with ample resources are killing off the smaller audit firms. The same issues can be applied to the smaller Company Secretarial service providers, with huge demands and stresses of having Public Listed Company clients. Having Public Listed clients is just not worth it. So please 'theedge' don't try to be a market-maker, and try to manipulate perceptions which distorts the efficient functioning of an equity market. Report the fricken financial news and the current issues with a little insight, instead of implying that the spate of auditor resignations could be due to money laundering or other devious acts that tarnishes those companies with hard working & honest employees and directors working in the best interests of shareholders/ stakeholders . I regret buying a new six-pack of toilet paper yesterday, as I could have used this article to clean up my morning ‘business’ for free.

Karlos

1,257 posts

Posted by Karlos > 2020-12-31 06:01 | Report Abuse

Mathatter, thank you for your write up and comments on The Edge. Many would probably agree that the weekly news paper have written erroneous reports on corporate matters before.

linaaaa

40 posts

Posted by linaaaa > 2020-12-31 08:33 | Report Abuse

Last time someone said LCW come support gcap,is it real?

linaaaa

40 posts

Posted by linaaaa > 2020-12-31 08:33 | Report Abuse

if real sure up

fl888

7,503 posts

Posted by fl888 > 2020-12-31 08:59 | Report Abuse

For money, unscrupulous writers will write up crazy articles for himself or for the company ...

Posted by giselletang > 2020-12-31 09:11 | Report Abuse

hold stock, wait for 1.3

Mathatter

22 posts

Posted by Mathatter > 2020-12-31 09:12 | Report Abuse

To me, LCW is a man who is a fierce competitor with lashings of honesty and fairness and selflessness. These traits are rare in sportsmen who has achieved such a high level of success, in a sport where self-serving Politicians (and their cake-eating wifes'), and the local media take credit in LCW wins, and ruthlessly condemn LCW when he looses. Understand all of this, and probably his best friend who respects him is his most fierce competitor, such as Lin Dan. LCW would be an awesome fit for GCap. My dad used to tell me if you hang around people who are shit, you will start smelling like shit. The opposite is true also. I have a strong feeling LCW will be a part of GCap and will be part of GCap's future success.

Marky3

172 posts

Posted by Marky3 > 2020-12-31 10:07 | Report Abuse

Hold tight.. something coming

Posted by LimWhayZen > 2020-12-31 12:19 | Report Abuse

fly fly fly

Boon Han

54 posts

Posted by Boon Han > 2020-12-31 13:07 | Report Abuse

This stock will go up to at least RM2. hold it and wait for further good news. no need to speculate further when it will drop or up.

Posted by heinztomatosauce > 2020-12-31 13:24 | Report Abuse

What a good write up Mathatter, I feel that there have been a lot of irresponsible journalism on The Edge's part as of late.

Posted by Vidya0000 > 2020-12-31 16:00 | Report Abuse

good

leeashraf

143 posts

Posted by leeashraf > 2021-01-05 18:01 | Report Abuse

Where's everybody???? Why this forum is so quiet???

Posted by ongkienyong > 2021-01-06 09:10 | Report Abuse

Majuperak berhad also belongs to GCap? Got a news just came out say they got new project for raw materials..

newbie1805

157 posts

Posted by newbie1805 > 2021-01-06 09:30 | Report Abuse

y drop again :(

Posted by LimWhayZen > 2021-01-06 11:39 | Report Abuse

this week all drop so bad, time to buy or not ar?

linaaaa

40 posts

Posted by linaaaa > 2021-01-07 09:43 | Report Abuse

The price went up, good time to buy?

Posted by LimWhayZen > 2021-01-07 10:15 | Report Abuse

coming up slowly but steadily...

Posted by giselletang > 2021-01-07 15:56 | Report Abuse

Very interesting! Better buy and hold, might go up soon.

Posted by LimWhayZen > 2021-01-08 09:16 | Report Abuse

GCAP really strong....steady...no big down

linaaaa

40 posts

Posted by linaaaa > 2021-01-08 11:41 | Report Abuse

Can buy or not ar? It was up earlier then down already

ask1961

338 posts

Posted by ask1961 > 2021-01-08 12:13 | Report Abuse

Read many mou n acquisition @ bursamalaysia.com

ask1961

338 posts

Posted by ask1961 > 2021-01-08 12:13 | Report Abuse

Only website can b trusted.

ask1961

338 posts

Posted by ask1961 > 2021-01-08 12:14 | Report Abuse

Analyst target price 130

ask1961

338 posts

Posted by ask1961 > 2021-01-08 12:17 | Report Abuse

Today downed only 1.5sen ma. C the 1 month graph lo. Lowest .815. Highest 1.33. Buy low sell high lo n not d opposite.

ask1961

338 posts

Posted by ask1961 > 2021-01-08 12:18 | Report Abuse

Now correction lo

ask1961

338 posts

Posted by ask1961 > 2021-01-08 12:18 | Report Abuse

Ask urself whether to buy or sell lo.

ask1961

338 posts

Posted by ask1961 > 2021-01-08 12:19 | Report Abuse

This co good for longterm investment lo. Shorterm also can. Buy 80 +++ sell 1.00+++ lo

ask1961

338 posts

Posted by ask1961 > 2021-01-08 12:20 | Report Abuse

Diff people diff investment strategy lo

linaaaa

40 posts

Posted by linaaaa > 2021-01-08 14:15 | Report Abuse

Thanks ask1961, so I will buy buy buy now, then sell sell sell later

Posted by LimWhayZen > 2021-01-08 16:14 | Report Abuse

better buy buy buy, then will miss the boat already.

ask1961

338 posts

Posted by ask1961 > 2021-01-08 16:22 | Report Abuse

Butut lo

KiasuKaki

55 posts

Posted by KiasuKaki > 2021-01-08 17:27 | Report Abuse

Accumulates

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