GLOMAC BHD
KLSE (MYR): GLOMAC (5020)
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Last Price
0.40
Today's Change
0.00 (0.00%)
Day's Change
0.395 - 0.405
Trading Volume
217,400
Financial
T4Q
31-Mar-2021
2020
31-Mar-2021
2019
31-Mar-2021
2018
31-Mar-2021
2017
31-Mar-2021
Discussions
6 people like this. Showing 50 of 1,386 comments
bought at 0.28 last year.. waiting to sell. I noticed that this current level is already at pre-pandemic price though, so not sure how much higher can it go?
2021-10-18 13:01
You're so right! I should've sold at 38c. Now, back to the waiting game.
Posted by zamry > Oct 18, 2021 5:07 PM | Report Abuse
See money take money
2021-10-20 17:45
sold 0.395!
jolynce bought at 0.28 last year.. waiting to sell. I noticed that this current level is already at pre-pandemic price though, so not sure how much higher can it go?
18/10/2021 1:01 PM
2021-10-29 12:02
It touched 0.41 but quickly retraced.. hope you get your TP soon.
Posted by risktoreward > Oct 29, 2021 12:04 PM | Report Abuse
Congrats! I’m still waiting for 40s
2021-10-29 12:05
0.20?? You think this is SCIB is it? Even during the March 2020 crash also didn't go that low lah.
Posted by MYthenightmare > Nov 5, 2021 12:16 PM | Report Abuse
Break 0.20 then start collect
2021-11-05 12:33
Bought back at 0.35 on Wed.
Posted by jolynce > Oct 29, 2021 12:02 PM | Report Abuse X
sold 0.395!
jolynce bought at 0.28 last year.. waiting to sell. I noticed that this current level is already at pre-pandemic price though, so not sure how much higher can it go?
18/10/2021 1:01 PM
2021-11-05 12:34
Someone is pressing down the price, the boss keep sleeping as usual, share holders supporting but the boss still cannot see the crisis.
Later people buy at cheap cheap. The boss when can wake up a
2021-12-15 12:43
70pc are owned by Saphadu, 3 original major sshareholders. So not much free float anymore
2022-06-13 08:23
Nkk power , after your Q, Looks like don’t want to stay liao . Wonder who sell …uglier now ..
2022-09-21 09:13
Is Glomac a value trap? The earnings of property developers have been declining over the past few years. This was due to several measures by the government to reduce property speculation. Covid-19 aggravated the situation. The performance of Glomac was similarly affected.
But Glomac has a profitable track record and is financially sound. I expect the business performance of Glomac in the coming years to improve. Together with the expected improvement in the market sentiments, the market price of Glomac would be much higher than what it is today.
The market price of Glomac is currently below its intrinsic value. This is from the perspective of the Asset Value, Earnings Power Value, and Acquirer's Multiple. Refer to the infographics https://i.postimg.cc/NMLj0Tg8/Glomac.png
For a company to be a value trap, its low price must be due to poor fundamentals. In the case of Glomac, the analysis does not indicate poor fundamentals. The intrinsic values are significantly higher than the market price. I would not consider Glomac a value trap.
For more insights into Bursa companies, go to https://www.malaysiastock.biz/Blog/BlogArticle.aspx?tid=26821
2023-09-20 10:52
Don't believe Value Trap nonsense. Last time ppl say Uems, Iwcity also value trap, now they fly!
2023-09-20 12:35
Glomac possesses a solid portfolio of prime and strategic development landbank
with a potential estimated GDV of close to RM8 billion. Within Johor, Sri Saujana
and Saujana Jaya combined have available 238 acres with a potential GDV of
around RM800 million. This will benefit from government plans to boost economic
activities in Johor - such as establishing a special financial zone in Forest City as
well as the potential revival of the High Speed Rail (“HSR”) from Kuala Lumpur to
Singapore.
GLOMAC BERHAD
27 September 2023
2 months ago
The Bursa property companies had a tough few years. Covid-19 affected my companies in Malaysia and the property companies were no exception. But the problems for the property companies started long before Covid-19 with a soft market that began with the govt efforts to curb speculation in the 2016/17.
But I think there is light at the end of the tunnel and as such many property companies could be under priced from a fundamental perspective. One example is Glomac that is currently trading at a discount to its intrinsic value. It is not a value trap. You can read about it from page 19 of the newsletter. https://notice.shareinvestor.com/email/newsletter/invest/pdf/Vol193_Invest-02Feb.pdf
2 months ago
Residential property price has picked up since 2023, land for development especially industrial land shoot up through the roof.
All property counters are experiencing a super bull in making.
Glomac has started to move up too.
2 weeks ago
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Next week 0.38 ?
2021-10-17 11:06