CT Sim

I like this counter GCE something is going to happan. 1 Capital repayment like TW Corporation. Company is increase Cash Balance to 70 Million by year end divide by 50 Million shares owing by public it will paid out RM1.50 per share. The Major shareholder get the Hotel in Malaysia and Minor shareholder can cash payment RM1.50 compare to market price RM0.75. 100% GAIN

2012-09-28 11:54

pathew

is that why it went up 12.5 sen this morning?

2012-09-28 12:05

pathew

looks like someone manipulating since low volume but increase so much

2012-09-28 12:05

tonylim

are shares tightly held. free float?

2012-09-28 13:44

kktan28

Now that GCE had entered a S&P agreement to sell the Melaka for RM21.5million, they should easily have RM80 million cash by year
end. Privatisation coming soon??

2012-10-16 17:17

hornetsjet

thier hotels are too old...not competitive at all..

2012-11-04 21:57

CT Sim

This GCE have a chance to propose special dividend 45 sen before the year ended 2012. With the cash around 80 million after land and Old hotel for the last two year. This can push the Mkt price 72 sen to RM1.05 is the news is correct. Hope for it.

2012-12-10 09:33

Hustle

wow,45sen is a huge figure you know? BAT also need to sit aside liao :)

2012-12-10 09:37

CT Sim

With 80 Million Cash after selling Land in Ipoh and Old hotel in KL and Melaka maybe the Broad think buying next door Merana EON Jalan Laut KL for expansion. Major shareholder make up of 72% from Singapore stop buying at 2009. (Now 3 years still no much volume trade in KLSE) 80Million Cash what to do with it. Earning from FD 80Million x 4% = RM3.20Million per year and paid 1.60sen to the shareholder of GCE.

2012-12-10 09:48

Hustle

Hi CT you forget to count director fee,mansion,golf club & sport car expenses that spend by the board of director :)

2012-12-10 09:51

CT Sim

Grand Melaka Hotel sold for MYR 21.5 Millions. have collected the Money. Then GCE have Cash MYR 80 Millions.in hand by year end Dec 2012. Note Hotel Grand Continental Kuala Lumpur 3 star at MYR130.00++ to MYR 180.00++ per nights (Cheap Rate ) Check internet booking and pay at hotel. Good Deal

2012-12-12 13:10

CT Sim

Look out Hotel Melaka Sale on Dec 24 2012 Christmas Eve Complete and Special News for the New Year 2013. GCE

2012-12-14 10:29

CT Sim

No News Yet. Have to wait Dec 24 2012. Anyone know this is?????

2012-12-16 17:49

CT Sim

Quiet is Good News Coming Chirstmas Present 2012

2012-12-18 18:59

CT Sim

Hotel Melaka confirm and money received Jan 01 2013 . Total Cash Flow RM 80 Millions Cash / Capital RM197.5 Million = RM0.40 per share. Hope the money in good use.

2013-01-02 22:40

necro

23feb sokething might happens

2013-02-11 01:21

sudahkena

why want issue share? scr?

2013-03-09 23:56

aiman168

why?what happened here?

2013-08-26 12:53

BroStockTrader

Post removed.Why?

2013-11-12 15:14

Yobers

Anyone can update about the 4% dividend paid out....
Friend of mine paid oredy..

2014-05-26 02:59

jehovahnissi

Slow slow

2014-11-25 22:39

jehovahnissi

God bless GCE up up up

2015-02-12 13:05

limchimleong

Lost per share 41sen.

2015-03-06 17:36

tigerboy

http://klse.i3investor.com/blogs/tigerboy2/113483.jsp

2017-01-10 17:47

Jeffreyteck

Afterall it may not be their intention to make the company price great so it can be privatised at a lower premium. NTA alone is often misleading.

2017-08-01 13:18

Jeffreyteck

Not doing well but is giving dividend so that you guys don't throw it. Take care as nothing is free.
London Biscuits claimed it made profit but no dividend. Somehow we have all these funny stocks.

Hotels most likely are quite run down and need $ to improve its quality.

Regulators should impose requirement on profit distribution to build a good market for long term investment.

2017-08-14 11:42

The St. Goreng

Can also

2021-07-15 09:34

finapalooza

I like this counter GCE https://candy-crush.io

1 month ago