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  jolynce bought at 0.28 last year.. waiting to sell. I noticed that this current level is already at pre-pandemic price though, so not sure how much higher can it go? 18/10/2021 1:01 PM jolynce You're so right! I should've sold at 38c. Now, back to the waiting game. Posted by zamry > Oct 18, 2021 5:07 PM | Report Abuse See money take money 20/10/2021 5:45 PM jolynce sold 0.395! jolynce bought at 0.28 last year.. waiting to sell. I noticed that this current level is already at pre-pandemic price though, so not sure how much higher can it go? 18/10/2021 1:01 PM 29/10/2021 12:02 PM jolynce It touched 0.41 but quickly retraced.. hope you get your TP soon. Posted by risktoreward > Oct 29, 2021 12:04 PM | Report Abuse Congrats! I’m still waiting for 40s 29/10/2021 12:05 PM jolynce 0.20?? You think this is SCIB is it? Even during the March 2020 crash also didn't go that low lah. Posted by MYthenightmare > Nov 5, 2021 12:16 PM | Report Abuse Break 0.20 then start collect 05/11/2021 12:33 PM jolynce Bought back at 0.35 on Wed. Posted by jolynce > Oct 29, 2021 12:02 PM | Report Abuse X sold 0.395! jolynce bought at 0.28 last year.. waiting to sell. I noticed that this current level is already at pre-pandemic price though, so not sure how much higher can it go? 18/10/2021 1:01 PM 05/11/2021 12:34 PM 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 15/12/2021 12:43 PM Nkk1370 70pc are owned by Saphadu, 3 original major sshareholders. So not much free float anymore 13/06/2022 8:23 AM Kmc666 Nkk power , after your Q, Looks like don’t want to stay liao . Wonder who sell …uglier now .. 21/09/2022 9:13 AM Dehcomic01 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 20/09/2023 10:52 AM  speakup Don't believe Value Trap nonsense. Last time ppl say Uems, Iwcity also value trap, now they fly! 20/09/2023 12:35 PM thesteward Glomac has 160 acre land appx at kulai approx 30km fm Johor Bahru town? 05/01/2024 3:51 PM Musfaz83 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 30/01/2024 4:10 PM Dehcomic01 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 06/02/2024 7:29 AM ks55 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. 29/03/2024 8:56 AM  | |
