GLOBETRONICS TECHNOLOGY BHD

KLSE (MYR): GTRONIC (7022)

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Last Price

1.25

Today's Change

-0.02 (1.57%)

Day's Change

1.24 - 1.27

Trading Volume

2,686,200

Company warrants are issued by the company and give the holders the right, but not an obligation, to subscribe for new ordinary shares at a specified price during a specified period of time.

Structured warrants are proprietary instruments issued by a third-party issuer, namely an eligible broker or financial institution that give holders the right, but not the obligation, to buy (call warrants) or sell (put warrant) the underlying instrument in the future for a fixed price.

A call warrant is in-the-money when the exercise price is lower than the price of the underlying share.

A put warrant is in-the-money when the underlying share price is lower than the exercise price.

Call Warrants

In the money

Discussions
15 people like this. Showing 50 of 7,105 comments

Tanleechoo

Also true .. he is substantial shareholder

1 month 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.

1 month 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.

1 month 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.

1 month 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 month ago

fortunefire

Looks like the national savior is reducing its stakes.

1 month ago

Tanleechoo

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

1 month ago

Souljaboiiii

Good luck with your valuation trick.

1 month ago

dompeilee

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

1 month ago

Souljaboiiii

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

1 month ago

fortunefire

time to collect

1 month ago

DickyMe

"DickyMe

1.20 coming soon.

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

Target price reached!

1 month 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!

1 month 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.

1 month ago

fortunefire

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

1 month ago

curiousq

sifu said, this is a heavily manipulated stock

1 month ago

EngineeringProfit

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

1 month 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 ??? ..

1 month ago

fortunefire

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

1 month ago

EngineeringProfit

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

1 month ago

EngineeringProfit

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

1 month ago

EngineeringProfit

BMgreen 0.94 to 1.14 is great too- worth looking

1 month ago

EngineeringProfit

Also simeprop- below 0,90 last week was cheap

1 month 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

1 month ago

EngineeringProfit

huat ar.....................lai...lai...lai............

1 month ago

nhbeen

New business will take time to materialize. And she highlighted that it can take a maximum of 2 years to happen. Many things can happen in 2 years, good or bad. Uncertainties are there.

1 month ago

fortunefire

Looks like APB is no longer the 2nd largest shareholder...

1 month ago

DickyMe

When QR release?

1 month ago

cK1973

TP 1.50.....
EP 125....
boleh ka?

4 weeks ago

DickyMe

Above 1.50 susah this year!

3 weeks ago

EngineeringProfit

Huat bit by bit lah

3 weeks ago

cK1973

EP achieved.....
good counter ma....

3 weeks ago

DickyMe

"2024-05-02

Additional Listing

ESOS - 9,300 shares at 1.030."
========================

Company giving free money??

3 weeks ago

cheeseburger

sell

3 weeks ago

curiousq

CEO Heng Charng Yee,
Heng has been with the group since 2013, starting out as a quality and strategic business manager at subsidiary Globetronics Manufacturing Sdn Bhd. She was appointed CEO in July 2022, succeeding her father Datuk Heng Huck Lee, who retired after serving as CEO since January 2008.

She is also the group’s non-independent executive director. Prior to her appointment as group CEO, she served as the group’s chief operating officer since January 2021.

Early this year, Heng exercised her employee stock options and acquired 829,700 shares before selling one million shares in Globetronics on Feb 7, leaving her with just 32 shares in the company.

According to Globetronics’ 2022 annual report, she had 170,332 shares or direct interest of 0.03% in the company as at March 24, 2023.

2 weeks ago

EatCoconutCanWin

from worsen to worstfull

2 weeks ago

dompeilee


Posted by dompeilee > 2023-07-12 16:35

SOLD a little more @ 1.47....earning my trading income for 2day...😉

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

SOLD more Gtronic @ 1.62-1.64






Bought back the Gtronic I SOLD @ 1.39 to 1.64 last year....for 1.23-1.25 today!😘

2 weeks ago

gooman

Globetronics surges to one-month high as analysts project strong outlook for 2HFY2024

2 weeks ago

DividendGuy67

Same here, bought back GTRONIC I sold at 1.41-1.64 at 1.21 a couple of days ago.

2 weeks ago

newbie8080

Q1 2024 revenue is at more than 20-year low going back more than 20 years ago.
Q1 net profit is also at more than 20-year low, going back to 2002.

2 weeks ago

EngineeringProfit

Don't care...1.20, I sapu.......above 1.25, I huat

2 weeks ago

cK1973

good price now....
perhaps TP 1.50?

1 week ago

EngineeringProfit

Cheers

1 week ago

cK1973

1.30 .....ok la....
Gtronic always make a comeback....
TP 1.50 is reachable .....
stay tune guys...

1 week ago

DickyMe

How sure are you about the comeback?
There have been some seismic activity in the management.

1 week ago

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