KLSE (MYR): GLOMAC (5020)
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Last Price
0.405
Today's Change
0.00 (0.00%)
Day's Change
0.395 - 0.405
Trading Volume
232,700
Ann. Date | Name | Details of Changes | Securities After Changes | |||||||
---|---|---|---|---|---|---|---|---|---|---|
Date | Type | No. of Shares | Price | Direct (%) | Indirect (%) | Total (%) |
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
2024-01-30 16:10
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
2024-02-06 07:29
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.
2024-03-29 08:56
Bought more Glomac @ 40c, averaging down on the original 2k shrs bought in 2016 & added to in '17, '19, '21, '22 & '23 which earned $895.25 in dividends.
2024-05-20 15:57
Glomac uptrend remains intact. Just wait to see which direction it will move next week.
2 months ago
Tomorrow Glomac will fly.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3456139
2 months ago
Steady! Although revenue dropped slightly, net debt has shrunk 60% from over $189 mil to less than $77 mil, operating cashflow has increased 36% to $138 mil. Net-net has improved from -33 mil to -18 mil, with the overall profitability higher than pre-Covid levels!
2 months ago
TA TP 63 sen. Buy call.
https://klse1.i3investor.com/blogs/taresearch/2024-06-14-story-h-159614163-Glomac_Berhad_Better_Days_Ahead.jsp#google_vignette
2 months ago
Glomac has good future potential , I am confident that it will reach 60 cts soon. Buy and hold, you will get big fortune in near future. Today, the counter is moving a bit.
1 month ago
Glomac is coming strong with volume. What TVVA tells you? Glomac is going to the sky today......
1 month ago
Glomac has declared a 1.25c per share dividend for Y/E Apr'24. Yield is 2.75% which is better than FD hovering around 2.4%.
1 month ago
After averaging down yearly since 2016 just b4 the ex-dividend date to just under 45c, I fortuitously SOLD just over half my stake @ between 45.5c-47c lately...the first ever, though small, capital gain on this stock !
Will wait @ 40c to rebuild my position closer to the ex-dividend date!🤗
1 month ago
ivan9511
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