GLOBETRONICS TECHNOLOGY BHD

KLSE (MYR): GTRONIC (7022)

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Last Price

1.26

Today's Change

+0.05 (4.13%)

Day's Change

1.21 - 1.27

Trading Volume

5,474,600

Prices
Date Open High Low Close Change Volume
Discussions
15 people like this. Showing 50 of 7,089 comments

Tanleechoo

New board talk of AI … pl execute by action ..oresle 1.00 soon

1 month ago

cooledhawk123654

intend to venture into different area of its specialty, can be either make it or lose it.....risk involved

1 month ago

cooledhawk123654

no earning and yet declared dividend 2 sens...

1 month ago

nhbeen

@Tanleechoo. You are right. Execution is more important with the action plan in place. The new board comes from diverse experiences but new to semiconductor related industry. It takes time to pick up the crucial industrial experience and network. How fast they can put their plans into action is crucial.

1 month ago

Tanleechoo

Not come in as intern board..u r paid to deliver result

1 month ago

家俊

LOL NATSUKOMISHIMA. funny leh you. dunno now who slapping his own face leh har?

1 month ago

Tanleechoo

Which co in Malaysia so far do well in India.? Last time mudajaya ..n few fail badly ..

1 month ago

Tanleechoo

OMG! Let see how current board bring us to India for spicy curry !down 2.8% today ?

1 month ago

nhbeen

How GTronic venture into India could be fruitful yet to be seen. Many companies that invest in India ends up badly ultimately.

1 month ago

家俊

im sure NATSUKOMISHIMA this guy will ask yall buy
and promise u a wonderland after buy

1 month ago

EngineeringProfit

Can wait. Getting cheaper is more yummy

1 month ago

ivanlau

---------- quote ---------
Stock: [GTRONIC]: GLOBETRONICS TECHNOLOGY BHD

1 month ago | Report Abuse

Back to basic, if based on forward eps 7 x 18 pe, the fair value only 1.26 , today closing 1.44, think about that...........
--------- unquote -------
Today closing 1.37 !!!

1 month ago

EngineeringProfit

Can wait. Getting cheaper is more yummy


ivanlau

1,315 posts

Posted by ivanlau > 35 minutes ago | Report Abuse

---------- quote ---------
Stock: [GTRONIC]: GLOBETRONICS TECHNOLOGY BHD

1 month ago | Report Abuse

Back to basic, if based on forward eps 7 x 18 pe, the fair value only 1.26 , today closing 1.44, think about that...........
--------- unquote -------
Today closing 1.37 !!!

1 month ago

fortunefire

tp 1.05 by nanyang

1 month ago

Tanleechoo

Omg

1 month ago

EngineeringProfit

Typo 1.50. If takut, just sell lah. Got 2 sen dividend oredi

1 month ago

gooman

Chipmakers searching for ‘China plus one’ are finding Malaysia
https://www.straitstimes.com/business/chipmakers-searching-for-china-plus-1-are-finding-malaysia

1 month ago

gooman

Malaysia's semiconductor manufacturing flourishes in the face of U.S. and China's Chip War
https://www.tomshardware.com/tech-industry/manufacturing/malaysias-semiconductor-manufacturing-flourishes-in-the-face-of-us-and-chinas-chip-war

1 month ago

gooman

US stocks, tech draw record inflows in latest week - Barclays

LONDON, March 15 (Reuters) - Equity funds drew $56.4 billion of inflows in the latest week, driven by record inflows to both U.S. and technology funds, Barclays said in a note on Friday, citing data from EPFR.

Globally, all equity sectors saw inflows, with tech attracting the most on record at $22 billion, while healthcare and financials drew inflows of around $7 billion each, Barclays said..

1 month ago

gooman

Samsung Electronics of South Korea announced on March 20 that it expects to generate over $100 million in revenue this year from its advanced semiconductor packaging business. CEO Kyung Kye-hyun, at the annual shareholders' meeting, mentioned that the investment in this newly launched sector is expected to yield results in the latter half of the year. The company aims to achieve profits exceeding its market share in the semiconductor memory business, with a DRAM share of 45.5% in the last quarter of the previous year, according to TrendForce. Samsung is advancing in high-bandwidth memory (HBM) production to meet the growing demand driven by AI expansion and is likely to unveil the next-generation HBM4 in 2025, aiming for a comprehensive semiconductor service that meets customer needs by integrating memory, manufacturing, and design operations.

1 month ago

Tanleechoo

Go back to 1.30

2 weeks ago

tkkiong

just follow Mr Ooi , if we lose he lose more more !

2 weeks ago

Tanleechoo

Also true .. he is substantial shareholder

2 weeks ago

Souljaboiiii

Gtronic is serving mostly consumer electronics components. I guess that's why the current new CEO is trying hard to engage with more customers to divert from consumer to industrial usage semiconductors. You can clearly see that Gtronic focuses more on niche product in order to enjoy the high margin.
Their capex has been sluggish since FY2019 until FY2022. In these years, their capex is ranging from 10-20million only. This is something that I don't like, they are not trying hard to put shareholders money into expanding the business. However, the capex upcycle has been resumed since FY2023, with 30 million which I think it's a good sign of new orders incoming. In FY2024, the CEO told the analyst that they are going to do 50 million in capex, which is something that I like. The new CEO is finally utilizing their cash flow to do something other than giving back all the money to the shareholders.

2 weeks ago

Souljaboiiii

They have mentioned multiple times in their quarterly report that they are engaging with new customers to get new orders. I trust what they said because most of the penang tech companies are very accountable and honest. Gtronic is trying hard to position themselves to benefit from the upcoming semiconductor uptrend. The only downside that I can see now is the new management. We need time to understand what's their thinking and whether or not they can be trusted to turnaround the business.

2 weeks ago

Souljaboiiii

Nevertheless, all the OSAT companies in Malaysia will benefit gao gao from this China-US tech war. More and more companies will approach our local players for order diversifying and eventually making our local champions to become more prosperous. I guess this is the new theme with almost no downside but huge upside that a contrarian investors can safely bet on. Remember, human will perform the best when they are in pressure.

2 weeks ago

gooman

How the US–China chip conflict is making way for new hubs like Malaysia and India
https://kr-asia.com/how-the-us-china-chip-conflict-is-making-way-for-new-hubs-like-malaysia-and-india

1 week ago

fortunefire

Looks like the national savior is reducing its stakes.

1 week ago

Tanleechoo

Drop more than other tech stk…Coming qtr result is getting worse..???

1 week ago

ivanlau

-------- quote -------

Stock: [GTRONIC]: GLOBETRONICS TECHNOLOGY BHD

1 month ago | Report Abuse

---------- quote ---------
Stock: [GTRONIC]: GLOBETRONICS TECHNOLOGY BHD

1 month ago | Report Abuse

Back to basic, if based on forward eps 7 x 18 pe, the fair value only 1.26 , today closing 1.44, think about that...........
--------- unquote -------
Today closing 1.37 !!!
--------- unquote --------
Today closing 1.29 !!!

1 week ago

Souljaboiiii

Good luck with your valuation trick.

1 week ago

dompeilee

Finito... Jul '23 till now = highly potential H & S top

1 week ago

Souljaboiiii

The new shareholders are here to make money. When the share price plunges to RM1, APB will suffer 50% paper lost.

6 days ago

fortunefire

time to collect

2 days ago

DickyMe

"DickyMe

1.20 coming soon.

1 month ago
======================

Target price reached!

2 days ago

dompeilee

Posted by dompeilee > 2023-07-17 10:20

SOLD more Gtronic @ 1.62-1.64

Chicken heart former major holder NKC bought 3-4 lot per transaction continuously for the last few yrs then DUMP ALL suddenly to APB...got confidence meh? the hapless latter is now suffering a 40% paper loss!

2 days ago

EngineeringProfit

Based on Bloomberg data, Globetronics has received five "hold" ratings and four "sell" recommendations. Despite this, the stock closed at RM1.40 on April 9, surpassing analysts' 12-month median target price of RM1.24. Maybank Investment Bank Bhd, which has assigned a "sell" rating to Globetronics with a target price of RM1.05, expresses concerns about the stock being overvalued. They highlight the company's challenging near-term outlook due to margin pressures stemming from a high fixed-cost base.

23 hours ago

fortunefire

CEO Heng Charng Yee says the new business segment will enable Globetronics to package semiconductor chips supportive of artificial intelligence (AI) technology.

23 hours ago

curiousq

sifu said, this is a heavily manipulated stock

23 hours ago

EngineeringProfit

Interesting..................

22 hours ago

Tanleechoo

@EngieeringProfit .. good sharing..high fixed cost base n the head counts is a burden if they don’t contribute effectively.. if wonderful co , why the previous owner wan to dispose off ??? ..

19 hours ago

fortunefire

every tech stocks are heavily manipulated. if that particular tech stock isn't much manipulated then better dont buy.

17 hours ago

EngineeringProfit

I bought a lot this morning 1.20-1.22 ....so cheap. Gonna pump in rm1mil here

17 hours ago

EngineeringProfit

Also worth buying myeg now- loaded rm1mil last week- below 0.785

17 hours ago

EngineeringProfit

BMgreen 0.94 to 1.14 is great too- worth looking

17 hours ago

EngineeringProfit

Also simeprop- below 0,90 last week was cheap

17 hours ago

gooman

CEO Heng Charng Yee says the new business segment will enable Globetronics to package semiconductor chips supportive of artificial intelligence (AI) technology.
https://theedgemalaysia.com/node/708386

11 hours ago

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