KLSE (MYR): GLOMAC (5020)
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Last Price
0.36
Today's Change
-0.015 (4.00%)
Day's Change
0.36 - 0.37
Trading Volume
565,200
Market Cap
288 Million
NOSH
805 Million
Avg Volume (4 weeks)
332,984
4 Weeks Range
0.355 - 0.385
4 Weeks Price Volatility (%)
52 Weeks Range
0.295 - 0.405
52 Weeks Price Volatility (%)
Previous Close
0.36
Open
0.365
Bid
0.355 x 60,000
Ask
0.365 x 132,000
Day's Range
0.36 - 0.37
Trading Volume
565,200
Latest Quarter | Ann. Date
31-Oct-2023 [#2] | 29-Nov-2023
Next QR | Est. Ann. Date
31-Jan-2024 | 29-Mar-2024
T4Q P/E | EY
15.34 | 6.52%
T4Q DY | Payout %
3.31% | 50.79%
T4Q NAPS | P/NAPS
1.56 | 0.23
T4Q NP Margin | ROE
6.54% | 1.50%
2023-11-30
2023-11-30
Description:
Glomac Bhd is a real estate development company. The company is engaged in the development of residential and commercial properties for sale and sale of land, construction of buildings and property investment. The group is organized into three areas of businesses: Property development; Construction; and Property investment. Property development includes the development of residential land commercial properties for sale and sale of land; Construction includes the construction of buildings, and Property investment includes the investment of land and buildings held for investment potential and rental income in future. It derives most of its revenues from Property development segment. The group geographically operates and derives its income in Malaysia.
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?
2021-10-18 13:01
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
2021-10-20 17:45
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
2021-10-29 12:02
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
2021-10-29 12:05
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
2021-11-05 12:33
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
2021-11-05 12:34
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
2021-12-15 12:43
70pc are owned by Saphadu, 3 original major sshareholders. So not much free float anymore
2022-06-13 08:23
Nkk power , after your Q, Looks like don’t want to stay liao . Wonder who sell …uglier now ..
2022-09-21 09:13
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
2 months ago
Don't believe Value Trap nonsense. Last time ppl say Uems, Iwcity also value trap, now they fly!
2 months ago
davidkkw79
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3194531
2021-09-22 19:39