EatCoconutCanWini saw FTZ globetronic plant near Intel being use as cafeteria for bangladesh construction meal and resting place. what i can conclude is the plant business getting hard and lesser order.
21/02/2024 10:41 AM
nhbeenHardly seen any turnaround for the business soon. Management's excuses on poor business performance are always the same. They should at least put forward some concrete plans to boost revenue and bottomline. Let's see what directions the new board members can bring.
21/02/2024 11:23 AM
TanleechooThe old board n mgt all r rich with esos ..???can’t think out of box .? Looking at pft continue to go south for the last 3 qtr ..
TanleechooWell said …initially I thought old NG retired n new blood coming in give some…turn out he sell all his stake
21/02/2024 12:35 PM
newlifenolieNew Chairman is a Young Man, quite confident he can pull up some young blood talents to drive the company.
23/02/2024 8:51 AM
Tanleechoo👏👍🙋♂️let see their next move Fr the NEW
23/02/2024 10:09 AM
nhbeenNo doubt new chairman is young, but they are in different business fields. It will take a while for the new team to learn about the semiconductor industry. Whether they can make make it or not remains a question because technology changes too fast. Keep an eye on the next few quarters to derive some clues.
NatsukoMishimaVstecs is a hidden gem that just started to skyrocket due to malaysia wants to be data center hub in SEA , they need a lot of servers , iot products , IT services support ! Vstecs np will hit 100million next year !
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.
05/03/2024 10:30 AM
TanleechooNot come in as intern board..u r paid to deliver result
06/03/2024 2:01 PM
家俊LOL NATSUKOMISHIMA. funny leh you. dunno now who slapping his own face leh har?
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 !!!
---------- 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 !!!
EngineeringProfitTypo 1.50. If takut, just sell lah. Got 2 sen dividend oredi
13/03/2024 3:38 PM
goomanChipmakers searching for ‘China plus one’ are finding Malaysia https://www.straitstimes.com/business/chipmakers-searching-for-china-plus-1-are-finding-malaysia
13/03/2024 9:23 PM
goomanMalaysia'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
13/03/2024 9:24 PM
goomanUS 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..
18/03/2024 4:39 PM
goomanSamsung 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.
tkkiongjust follow Mr Ooi , if we lose he lose more more !
09/04/2024 1:51 PM
TanleechooAlso true .. he is substantial shareholder
09/04/2024 2:29 PM
SouljaboiiiiGtronic 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.
10/04/2024 4:40 PM
SouljaboiiiiThey 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.
10/04/2024 4:47 PM
SouljaboiiiiNevertheless, 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.
10/04/2024 4:52 PM
goomanHow 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
13/04/2024 10:28 AM
fortunefireLooks like the national savior is reducing its stakes.
15/04/2024 9:51 AM
TanleechooDrop more than other tech stk…Coming qtr result is getting worse..???
---------- 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 !!!
