GLOBETRONICS TECHNOLOGY BHD
KLSE (MYR): GTRONIC (7022)
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Last Price
1.19
Today's Change
-0.02 (1.65%)
Day's Change
1.19 - 1.22
Trading Volume
786,800
Company Announcement
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Discussions
14 people like this. Showing 50 of 6,579 comments
Chon888. We learn from each other as always. That is how we can improve day by day.
2 months ago
As from the Annual report of 31-12-2021, I noted some encouraging good news. The company expected that as a result of the US China trade war, there will be outsourcing opportunities for the Malaysian companies. The newly built 25,000 square feet factory is to cater for one of these purposes. The new factory is scheduled to be completed in the first quarter of 2022. Another words, there will be more revenue and better profit for GTRONIC barring any unforeseen circumstances.
2 months ago
好消息：GTRONIC ANNUAL REPORT 31-12-21.GTRONIC (东益电子)2021年的年终營业报告发现有振奋人心的好消息.公司GTRONIC说由于中美贸易战的关係,许多马来西亚公司将会迎来"外包"订单. GTRONIC 是受惠者之一. GTRONIC 擴建的25,000平方呎厂房就是为了应付这方面一部份的需求.这间厂房预计在今年首秀完成.换句话说, GTRONIC可望今年及未来的營业额及營利将会增加到更高的水平,除非有难于预见的情况出现.
2 months ago
Its CEO gave press briefing and highlighted that the company is focusing on commercializing its advanced sensors for various sectors. This is a positive development as automation will be intergrated into many sectors in years to come and thus sensors will play a crucial part. Positive for Gtronic.
2 months ago
How did you decide that it is positive development?
What is their track record in this sensor for automation business?
You mean to say no competitors?
What is the success rate and demand for their product or is this just syiok sendiri announcement?
2 months ago
DickyMe,
Your questions are thought-provoking and interesting if we were in the same kind of business ourselves. But it is unfair for us as a layman to answer your questions such as those you have pointed out as we are not in the position to do so.especially we don't know the internal functions of the business unless we were the auditors.
Since the company's Chief Executive is so confident, he should naturally have the reasons behind to support his statements as he has many years of experience. Furthermore, Gtronic has been making profits continuously almost every year.
In any kind of business, there are bound to be competitors. either more or less.
I don't think the Chief Executive's comments are only for his self gratifications, as he is responsible to the Board of directors, the shareholders, the investors and even the staff.
2 months ago
Chon88: Good points. DickyMe: Also good questions raised. Unless we are big time investors like those retirement fund manager or private equity firms, we could ask for a non disclosure meeting with the Company for a briefing to get a much detail company's development before committing any investment. But as a retail investor, there is/are so much information we could gather to at least reach our own view on the company. Right? Good or bad is up to one to decide.
2 months ago
Good afternoon. Nice to learn from you all. Meaningful discussions . Good view points from DickyMe and nhbee for all of us to do the brainstorming.
2 months ago
nhbeen, Sorry I just noticed that I had wrongly spelt your User ID . Should be nhbeen instead of nhbee. Once again, please excuse me for my typo.
2 months ago
gtronics business is highly correlated to ams Osram. Just track ams Osram future performance and gtronics result will follow. ams Osram recently restructure their with more focus on their Kulim plant.
2 months ago
base on gtronic quarter report their tax subsidy will expire on 30/6/2022, so anyone know gtronic got apply to extend the tax subsidy from government? what the status now?
2 months ago
Extracted from MIDA:
Unabsorbed capital allowances incurred during the pioneer period can be carried forward and deducted from the post pioneer income of the company. Accumulated losses incurred during the pioneer period can be carried forward and deducted from the post pioneer income of the company for a period of seven consecutive years.
All's not doom and gloom for Globetronics post pioneer status.
2 months ago
Mr KC Ng is the Founder and the Executive Chairman. of Gtronic. Of course he knows. But he is so quiet. How to find out from him.?
2 months ago
Answered in AGM, pioneer status will not get extension.. but, they mentioned got another Grant related to IR 4.0 running in parallel.
1 month ago
I notice from the annual report that the CEO is retiring and, unless I have got it wrong, will be replaced by his 38-year-old daughter. Now there are certainly cases where daughters have taken businesses to new heights (see Harvey Norman), but it does smell somewhat of nepotism. I think this lady needs to show us that she can introduce new and competitive products before we assume that the company's past achievements are any indication of its likely future performance.
1 month ago
Valuvestor: If the boards have too many old people isnt good for tech company. Retiring for young ppl is good move
1 month ago
A smart investor will always read the financial statement / minutes of the last AGM to understand the direction of a company. Not random users who loves to fud and create chaos, especially when there's no substance in their comments.
1 month ago
In the sea of red... No fear but greed, I see no pain but only wish for gain... HODL!
1 week ago
Amboi...what is happening now !!!...
Is it possible to break below RM 1.00 !!!...
Keyman188 still maintaining to see KLCI @ 13xx for this year (2022)...
wkwkwk...kekeke...hehehe...
1 week ago
Nowsday people only like earn fast money , dont like dividen , the world already changed !
2 days ago
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