GLOSTREXT BERHAD

KLSE (MYR): GLXT (0284)

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Last Price

0.215

Today's Change

0.00 (0.00%)

Day's Change

0.215 - 0.22

Trading Volume

2,460,500


1 person likes this.

376 comment(s). Last comment by charlie chia 2 weeks ago

xuxu

5,485 posts

Posted by xuxu > 2023-08-15 16:41 | Report Abuse

Debut sudah nak tutup kedai ka

OKU_2020

4,714 posts

Posted by OKU_2020 > 2023-08-15 16:43 | Report Abuse

Non stop rolling stone to the hell...

OKU_2020

4,714 posts

Posted by OKU_2020 > 2023-08-15 16:45 | Report Abuse

TO Rest In Peace / RIP 15 sen

Michael Kwok

6,062 posts

Posted by Michael Kwok > 2023-08-15 16:47 | Report Abuse

Buy call prg 22-22.5 cents
See got ong.
15/8/23 4.44pm

XinaSun

19 posts

Posted by XinaSun > 2023-08-15 17:05 | Report Abuse

Tmr can hold up I think, trading between 0.25-0.30

Yolo1234

96 posts

Posted by Yolo1234 > 2023-08-15 17:17 | Report Abuse

From current trend of all new ipo, don't think the price will go up, should gradually decrease and close at 0.20. then likely to hover at 0.15 - 0.2 level before on the up again at next QR report.

Posted by chefjeff388 > 2023-08-15 17:46 | Report Abuse

Congrats to those that manage to take profit ! I think monitor longer first...construction theme is back on the menu

Posted by Silentreader88 > 2023-08-15 18:18 | Report Abuse

it will happen again and again. Panic chicken will panic buy at peak price.
you should learn that if didnt manage to get IPO, just forget it. A LOT other oversold stock pending to fly up. Masteel today, next Reneuco. not buy call. Just technical example

Posted by comebackkid > 2023-08-15 18:21 | Report Abuse

Learnt something new on this thread today whereby you can lose 300% of your investment. I was taught since my Modern Maths school days that the maximum amount you can lose is 100%. Macam-macam ada. What a wonderful world.

zoizai

1,297 posts

Posted by zoizai > 2023-08-15 18:33 | Report Abuse

Remember this is construction company.

Aimflex baru tech stock. Buy aimflex better

gohkimhock

2,943 posts

Posted by gohkimhock > 2023-08-15 18:58 | Report Abuse

Normally I don't go for newly listed counter because they are untested and without financial statements for me to study. Those who got trapped today, take it as a lesson.

OKU_2020

4,714 posts

Posted by OKU_2020 > 2023-08-15 19:42 | Report Abuse

comebackkid@
Learnt something new on this thread today whereby you can lose 300% of your investment. I was taught since my
Modern Maths school days that the maximum amount you can lose is 100%. Macam-macam ada. What a wonderful world.
--------
Your old fashioned modern math was right ...max loss = 100 %
Max gain .. unlimited %
what a mad / gila thinking that you can loss 300 % .....kih kih kihh
-------

rr88

6,326 posts

Posted by rr88 > 2023-08-15 19:53 | Report Abuse

Bought 0.29, sold 0.28 hu hu...
It was a success, because lost less..than holding it til 0.25....

1 hr later a big shark cut loss 150,000 lots at 0.255. Market was at 0.27/0.275. He keyed in 150,000 lots, cut all buy queues n dumped all to 0.255. I think.he is the one supported it 0.29 - 0.30 in the morning cost averaging at 0.295. He lost 4 cents over 150,000 lots = rm600,000 over rm4.4 mil position.

Understand boys n girls? Thats how you do it.

That is the reality of trading. So, dont talk kok by the sideline and too chicken to get involved in the thick of the action.



OKU_2020

4,714 posts

Posted by OKU_2020 > 2023-08-15 19:58 | Report Abuse

shame ..!...No holding power - got to cut his " BIRD" with a heavy price tag of RM 0.6 million...
he can spent with so many amoy (s) in a year

rr88

6,326 posts

Posted by rr88 > 2023-08-15 20:20 | Report Abuse

This is not about holding. Its about do what you have to do, when faced with reality of what you see on the screen. He knows better.

If you ask me, at 0.27/0.275 the red candle is already massive some 0.38 long (from 0.65). It is termed a RED MARUBOZU. It indicates the future direction will be much lower. Very difficult for any price to reclaim above long marobuzu close, in this case 0.255. I wud say a weakness towards 0.215 with one rebound to 0.25 b4 it collapses below ipo price of 0.19.

It will settle where it will settle. PE 22 valuation for the ipo price was too high.



mf

27,851 posts

Posted by mf > 2023-08-15 21:45 | Report Abuse

Dow Jones

Dow Jones Industrial Average

35,097.16

-210.47

0.59%

Nasdaq

NASDAQ Composite

13,759.53

-28.79

0.20%

zoizai

1,297 posts

Posted by zoizai > 2023-08-15 21:59 | Report Abuse

GLXT- construction company
Aimflex- tech company

piluba77

34 posts

Posted by piluba77 > 2023-08-16 02:34 | Report Abuse

I jump building drop also slower than this stock

rr88

6,326 posts

Posted by rr88 > 2023-08-16 06:21 | Report Abuse

O o....dow jones dived overnight....jeng, jeng jeng.....the bad news is....this is only the beginning....of a sizeable correction downwards across the board, across the globe....jeng, jeng jeng...habis lah kau...your paper loss will double n tripple...

rr88

6,326 posts

Posted by rr88 > 2023-08-16 06:26 | Report Abuse

Cut sell queue and cut loss, dump to cheapest buyers in buy queue, at 8:59.56 am aka 4 sec b4 market open. You will get highest price of the day. Good luck.

OKU_2020

4,714 posts

Posted by OKU_2020 > 2023-08-16 07:20 | Report Abuse

Bye bye constuction link counter GLXT
low growth boring dull stock
to be another Radium - Skyworld - Golf Mst - synergy - senheng Gengs..
CL >> CUT OWN BIRD OR....? Rest In Peace @ 15 SEN

zoizai

1,297 posts

Posted by zoizai > 2023-08-16 07:45 | Report Abuse

Rest in peace construction stock

Posted by gemtech8888 > 2023-08-16 08:34 | Report Abuse

Hellday today

zoizai

1,297 posts

Posted by zoizai > 2023-08-16 08:53 | Report Abuse

This is construction stock

Tech stock is aimflex

OKU_2020

4,714 posts

Posted by OKU_2020 > 2023-08-16 09:04 | Report Abuse

DULL low growth
Construction - Enginerring - PROPERTY
RUNNNNNNNNNNNNN for OUR LIVES
BOOOO CHOWWW CCCCCCCCCCC

zoizai

1,297 posts

Posted by zoizai > 2023-08-16 09:16 | Report Abuse

Run run
Today will close lower
Gg contruction company. Who the hell buy Malaysia construction company

Posted by EatCoconutCanWin > 2023-08-16 09:29 | Report Abuse

I buy 0.25. Hope can up back..

Posted by youarewelcome88 > 2023-08-16 09:33 | Report Abuse

This outfit is a 30-years veteran in its industry. It's goodwill is something I am comfortable about. Stay tuned...

tomwah

1,594 posts

Posted by tomwah > 2023-08-16 09:58 | Report Abuse

cut loss :(

rr88

6,326 posts

Posted by rr88 > 2023-08-16 10:02 | Report Abuse

Yo. Whats up? Oneglove (Gets global) up but im afraid will fall back down in afternoon session.

If today Glxt unchanged thereabout, there wont be any rebound. Straight down to break ipo price.

This is how the price does its tango: big drop yesterday, unchanged today, another sizeable drop tommorow. A lull b4 another storm.

Better be safe than sorry. Get the hell out of there b4 end of trade today. And lick yr wound, survive to fight another day.

If u r not scared, you better be. I no kidding one n hv no intention to scare you. I say like it is.






Posted by youarewelcome88 > 2023-08-16 10:06 | Report Abuse

Yes, Cut-loss is a good strategy promoted by @rr88. Even falling 1 sen @rr88 will cut-loss. I find that a real Embarrassment...

icecool

4,780 posts

Posted by icecool > 2023-08-16 10:08 | Report Abuse

when rr88 talk shit that is the signal to all in !!! hahaha!!!

zoizai

1,297 posts

Posted by zoizai > 2023-08-16 10:16 | Report Abuse

This is construction company with very slow growth.

Better earn back your money from tech stock Aimflex

xuxu

5,485 posts

Posted by xuxu > 2023-08-16 10:32 | Report Abuse

This time Rr88 is right hehe

icecool

4,780 posts

Posted by icecool > 2023-08-16 10:39 | Report Abuse

@xuxu rr88 is 99% wrong you should do the opposite of him hehehe

Posted by youarewelcome88 > 2023-08-16 10:56 | Report Abuse

I am waiting to see who can better the record of cutting loss 1 sen on the same trading period... half sen, anyone?

zoizai

1,297 posts

Posted by zoizai > 2023-08-16 11:06 | Report Abuse

This is construction company.

For those lose money here. Can earn back from tech stock Aimflex

Posted by CarolineTeoh > 2023-08-16 11:23 | Report Abuse

Lol. Aflx is a YOYO counter. Go up to 0.18 then will fall back to 0.15 something again...

anzo888

162 posts

Posted by anzo888 > 2023-08-16 12:46 | Report Abuse

so many say die die die....i wait get at 21sen...wait wait wait also cannot get..

Posted by Lightofheaven > 2023-08-16 12:54 | Report Abuse

actualy i feel why susah payah apply IPO..can get same price soon

Joscylyn

113 posts

Posted by Joscylyn > 2023-08-16 13:01 | Report Abuse

Forming a strong support at 25 cents there. No more heavy selldown and it will rebound back for sure

zoizai

1,297 posts

Posted by zoizai > 2023-08-16 14:20 | Report Abuse

Afternoon more sell pressure. Those stuck high at 0.60 will force sell after T2. More sell down tmr

zoizai

1,297 posts

Posted by zoizai > 2023-08-16 14:30 | Report Abuse

Yesterday now still not too late to abandon construction stock change to automation tech stock Aimflex

Vdhawan

75 posts

Posted by Vdhawan > 2023-08-16 15:47 | Report Abuse

Enter that tech stock now is considered chasing high...saw people start selling at 18.5 cents there...
Btw contra players were washed out alrdy, Glostrext will be staying strong at 25 cents there

Posted by KopioDinosaur > 2023-08-16 18:22 | Report Abuse

Price steady now, at least above ipo price

Flam3ss

12 posts

Posted by Flam3ss > 2023-08-16 18:54 | Report Abuse

Buildings, infrastructures and facilities in developed cities will need monitoring as it involves public safety, for example, MRT lines and tunnels. Glostrext, are the one providing the instruments and monitoring technology to the industry,

Posted by lessthan10k > 2023-08-16 19:55 | Report Abuse

aiyoo, construction & property making a return in 2023-2024, no harm to collect good fundamental company like GLXT

Posted by Lee Ying Yee > 2023-08-16 21:33 | Report Abuse

new ipo all is high pe for young investor . after 6 months and see . . . .?

OKU_2020

4,714 posts

Posted by OKU_2020 > 2023-08-16 21:47 | Report Abuse

This is dull low growth construction unlike TECH IPO....HOT $$$ PAWN Business IPO mehh

Posted by Lee Ying Yee > 2023-08-16 21:55 | Report Abuse

25c ? 300k for first day volume . no winner ???????

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