KLSE: GMUTUAL (9962)       GROMUTUAL BHD MAIN : Property
Last Price Today's Change   Day's Range   Trading Volume
0.28   +0.01 (3.70%)  0.28 - 0.28  3,500
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Market Cap: 105 Million
NOSH: 376 Million
Avg Volume (4 weeks):16,514
4 Weeks Range:0.20 - 0.28
4 Weeks Price Volatility (%):
52 Weeks Range:0.20 - 0.32
52 Weeks Price Volatility (%):
Average Price Target: 0.55
Price Target Upside/Downside: +0.27

Financial Highlight

Latest Quarter | Ann. Date 31-Dec-2022 [#4]  |  27-Feb-2023
Next QR | Est. Ann. Date: 31-Mar-2023  |  30-May-2023
T4Q P/E | EY: 11.58  |  8.64%
T4Q DY | Payout %: 1.79%  |  20.68%
T4Q NAPS | P/NAPS: 1.02  |  0.27
T4Q NP Margin | ROE: 16.81%  |  2.37%


No recent Headlines for this stock.

Business Background

Gromutual Bhd is an investment holding company, which is engaged in the development, construction, and management of properties in Malaysia. The business activity of the firm is operated through Property Development and Property Management segments. The Property development segment consists of the construction contract. The Property management segment consists of the rental of properties. The development products range from landed residential, commercial buildings, high rise versatile business suites and industrial parks. The group operates principally in Malaysia, which is also the revenue generation region.
Analyze this stock with MQ Trader system

  5 people like this.
16/03/2017 10:28 AM
papaya Pump and dump.....promoted by certain group by posting article something 'good'about this company ... to kill ikan bilis....then run away.
16/03/2017 10:43 AM
hkhk die lo
16/03/2017 1:43 PM
hkhk stock alliance bring me holland d lo
16/03/2017 5:25 PM
KenLui Traps traps traps liao
16/03/2017 7:00 PM
17/03/2017 7:54 AM
berry Look at Gmutual :SELL VOLUME 3025, price done at 0.475 buy rate only 3%.
17/03/2017 9:50 AM
berry Meaning 1 BUY 6 SELL...CHAM..
17/03/2017 9:52 AM
berry when they accumulate enough at low price, they will shout BUY BUY BUY, again they dump to you.
17/03/2017 11:59 AM
newbie66 Agree Stock Alliance is a con. Their blog compare Gmutual with Eupe and Bertam but the 2 counters go up after the latest blog whereas Gmutual down.
18/03/2017 6:14 AM
sctan at this moment, smaller developer pe is below10 or even much lower. ksl, huayang, mkh pe even as low as 7 or beloe.
18/03/2017 7:42 AM
sctan pe target 15 is high, unless there is something happening, like new assets injected into it, or new investor come in.
18/03/2017 7:46 AM
myuptownboy very undervalue stock..going to fly..
12/04/2017 9:34 AM
Yip2880 More than a week ald. Still waiting for it to fly.
21/04/2017 12:05 AM
vegebotak Sold all.... useless
26/04/2017 8:41 AM
ignasio finally
05/05/2017 9:38 AM
Yip2880 Looks like it doesn't want to fly ...
12/05/2017 4:48 PM
Duitlai Bones wrote Austin may turn Gold
15/05/2017 8:14 AM
Duitlai Ablegrp unpolish Gem.............
15/05/2017 8:15 AM
stteck Duitlai, better watch out.... don't follow bones
15/05/2017 8:53 AM
chkhooju Reckon Bone is one of the better bloggers around. I did my due diligence. His good results speak louder than words. Do watch his GCB today!
15/05/2017 8:59 AM
RandyRoe Going down wor

chkhooju Reckon Bone is one of the better bloggers around. I did my due diligence. His good results speak louder than words. Do watch his GCB today!
15/05/2017 08:59
16/05/2017 4:42 PM
RandyRoe OTB is the best mah. Bones is WWE John Cena
23/05/2017 4:43 PM
Octopus just watch and see.. this coming qr sure interesting...
26/05/2017 4:36 PM
Octopus TP0.50
29/05/2017 2:53 PM
Octopus slow and steady
30/05/2017 4:03 PM
Octopus qr positive.. just drop in qoq and yoy.. from now need watch closely.. ppl will make it overbought later
01/06/2017 4:42 PM
Octopus looks like a signal at here, is coming bullish again
02/06/2017 8:02 PM
Yip2880 junclj, what do you mean by you buy tips to join this counter? What was the target price for this stock, may I know? I also have bought in average 0.47. Losing $$$ now and still holding. But never move up after the false move to 0.49.
09/06/2017 12:21 AM
RandyRoe Sloow veryyy slooow
09/06/2017 9:01 AM
Octopus slow slow nvm
19/06/2017 3:18 PM
Fznzm Abdullah Net asset 90c
05/01/2018 3:34 PM
bluechip Hope better qR
22/02/2018 5:29 PM
bluechip Nice qR
28/02/2018 7:49 PM
bluechip Y No movement despite Good qR??
01/03/2018 11:04 AM
bluechip Hai Guys ...Any idea bout tis counter??v little movement lol
03/04/2018 12:00 PM
Lim Tek Wai despite many speculators here
03/04/2018 3:39 PM
bluechip Very bad quarterly result..almost 100%loss wtf..hey directors do some homework sial
28/05/2018 7:09 PM
bluechip Keep on dropping sial
30/05/2018 3:11 PM
junclj very lousy counter, no movement at all but keep dropping. waste my time to wait. so many trap for this counter, fortunately I've investment more in MBSB and BPLANT to gain back some of my lost by this shxtty counter.
04/06/2018 2:55 PM
Chin Jin Tan Today no movement at all. Any reason?
11/06/2018 1:21 PM
FAZI66 Sleep counter the whole year...
01/08/2018 5:05 PM
nkk53 Worth looking
04/08/2018 10:54 AM
Fzeel Waiting some body throw out then ....shut up on sky..dammm
14/08/2018 11:34 PM
commonsense Even though the company is currently trading at only 12 months trailing earnings of 6.5x PE, it might not be sustainable once the 4Q18 result is out next month. 9m18 profit is only RM6.1 mil which is a drop of more than 40% vs last year 9m17 result of RM10.3mil. The group recorded a high profit of RM9.6mil (however RM6.6mil is due to fair value gain of investment properties) in 4Q17 which will be hard to replicate in 4Q18 given the lack of new completed projects achieved in 4Q18. A profit of RM3mil in 4Q18 would already be a good result for the company given the current weak property market sentiment. However, this would mean that the full year profit of the company would only be around RM9mil which means at the current share price the company will be trading at a valuation of 11.2x PE. This is actually not that high but given the current market sentiment, there is a lot more property developers (with more growth prospect in FY19) that is trading at a lower PE valuation than Gromutual.

The group has a very strong balance sheet with only a net gearing of 8.4%. As of Sept 18, the company has an NTA of RM0.94 (of which more than half is in the form of land for development). At the current price the company is only trading at a mere 0.3x PB which is a lot lower than the industry average of below 0.8x. The company might be a very good candidate for those investors with long term investment horizon (more than 5 years).

If you are looking to diversify your portfolio outside of Gromutual (due to near term earnings uncertainties caused by weak property market sentiment), I would recommend you to look at MBMR.

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.2x PE (based on target FY18 PATAMI of RM145mil. 9m PATAMI is already RM106mil). PB is low at only 0.6x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.

For FY19 growth will be driven by the still high demand of new Myvi and the newly launched SUV and also the new Alza in 2H19.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. Most analysts have a TP of above RM3 for the company with Hong Leong being the lowest at RM3.13 and Maybank the highest at RM4.50.

Good luck.
08/01/2019 10:00 AM
mf U.S. coronavirus cases surge by more than 45,000 as states roll back reopenings
28/06/2020 1:13 AM
bnmacai Look at that volume. Leaving a mark here.
28/06/2020 1:15 AM
jjen Dead counter, buy and sell volumes????
17/11/2020 2:00 PM
beeair2013 Time to move ..........
08/02/2021 12:31 PM
junclj This counter was dead, not moving at all. I was gave up and sold them all up to banker, just leave the big shark to cut my leeks. I was surrendered but at least I got earn some dividend from this counter in the past few years. Bought at averaged price of 0.476 then sold at 0.300, loss 36.19%. Sold at January 2022 then use the balance to buy in AAPL. My advice to all of you, if you are long-term investor in favorable of dividend just go ahead to buy this counter. However, if you not the type of dividend investor, better avoid this counter. Believe me you will regret to join into this counter. Never move up, just stay at 0.300 every day. I'm now feel safe to invest in AAPL because finally was saw that my money was grew up a bit. Now the share price of AAPL is 167. My averaged price is 162.82.
21/04/2022 2:20 PM

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