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  TCH1186 well why am still here because its hard to move on when the stock took our money in huge amount. same like serbadk. you go check yrself how many ppl cursed on that stock. anyway, what are the reason i cant be here? heh heh 08/03/2023 9:21 AM awufaisal https://www.thestar.com.my/business/business-news/2023/03/15/gfm-buys-100-stake-in-atmajaya-for-rm9mil#openShareModal 17/03/2023 10:36 AM  4ever5 continue accumulating this stock at cheap price. The JKR project has proven to be contributing for 2 quarters, so i assume its gonna be stable, consider JKR + the concession project, 5million profit for each quarter is not a problem. and we can see the management is expanding to r&r for recurring income. the stock price is going down due to bad market sentiment, so do not panic guys. stick to fundamental company, things wont go wrong. in short term, it is a voting machine but in long term, its a weighting machine. 19/03/2023 11:01 PM happyfish4ver Diversifying to O&G maintenance space. To venture into more high-value-added O&G space, GFM had in 2019 proposed to subscribe a 49% stake and up to RM20m worth of RCPS in a downstream O&G player High Base Strategic Sdn Bhd (HSSB). Through HSSB’s 51%-owned joint venture with Singapore-based O&G integrated solutions provider Mun Siong Engineering Limited, HSSB is one of the five players who has secured the PETRONAS’ Integrated Turnaround Main Mechanical and Maintenance Mechanical Static (“TA4MS”) contracts located in Pegerang Integrated complex. Management expects the acquisition to be done in 2H23. Overall, the acquisition will strategically position GFM in O&G maintenance space and widen its customer base, as well as increase its credibility to bid for similar types of projects. 02/07/2023 9:03 PM 4ever5 I been holding this stock for almost a year and average down to 0.20. it is hard for me to let go this stock but today i had decided to sell it all at 0.20 for 2 reason. 1. My buying point on GFM is no longer true. Initially i bought it because of the JKR project that i hope it can boost the profit and eventually better dividend. but on recent QR, i found that some of the project has completed(no renew) and the profit is only sustain thanks to JKR contribution. its abit disapointment as there is no new project to further boost our investor confident. 2. Second reasono, there is a dividend announce on recent quarter, Y23Q2 of 0.0018 sen. It looks good to me at first, but if you look into the quarter report, the cashflow is actually negative but yet company still announce dividend which concern to me. It means that this dividend payout is non-sustainabe. Thing might get worse if later GFM do private placement again to collect money from us. I am just sharing my 2cents, at this current price 0.20, the downside is not high but i dont see upside and decide to switch to other stock for now. Welcome anyone to share his/her opinion as i will continue monitor this stock too. 28/08/2023 4:37 PM 500kinhand How do you read the cashflow is negative? you dont know how to read report is it? It is clearly positive in the recent quarter report 29/08/2023 12:45 PM 4ever5 At the cashflow portion, net increase/decrease in cash, -6.3m. Is this not negative cash flow? Anyway, i sold it already, i do hope for the best GFM have healthier balance sheet and i will come back for this. 29/08/2023 8:42 PM 2Invest Dear 4ever5; The company's operating cash flow is healthy & +ve for the past many years. As at 6/2023 it posts 11M net cash from the operating activities for the current year. All I can say it's a financially healthy but average performance company. 21/09/2023 9:25 PM happyfish4ver Highbase Strategic Sdn Bhd, an oil and gas maintenance services provider, is expected to contribute approximately 30% to 35% of GFM Services Bhd's total revenue and bottom line from the financial year ending Dec 31, 2024, the integrated facilities management services provider said. This follows the share sale agreement signed between GFM and Noor Jasni Zakaria and Norliza Mohd for the group to acquire the remaining 51% equity interest in Highbase for a consideration of RM18.2 million. This contract, effective until 2024 with an option to extend until 2029, provides a strong foundation for Highbase's future growth, said GFM. 06/11/2023 11:55 PM ragrag Another impressive quarterly performance. With additional new contracts and strategic M&A, the future numbers going to be excellent…. 23/11/2023 7:05 PM  SuperPanda goes down bcoz stock already rally before qr, its the best time to sell for swing trader wait until selling cool down, once buying comes in, then only enter 25/11/2023 6:55 PM TCH1186 Landui stock. This pm really dunno how to manage country everyday all stock fell down. 05/02/2024 6:42 PM Bull13 GFM transferring to MAIN MARKET announced yesterday. Oil prices shooting US$90 anytime now...GFM is the new blue chip in town! 50s no problem! 04/04/2024 9:41 AM  | |
