All Comments on GCB Reload

Login to comment.
Chengkai Kok
Like · Reply
什么葫芦卖什么药。。IB不断散发不利消息,外面森林那么多树可以看,散户公鱼仔肯定早早就不敢进这个货了。。那谁在背后重本丢钱把股价推高高
Steve Cheah Siew Wai
OLAM GROUP?
Like · 6 hours · translate
Jason Ngu
8 Like · Reply
股价RM 1.75左右在底部放量,而且是上涨。
这說明什么呢。。趁这好机會是时候开始收票了。只可惜現金儲備不是很大。。虽然骑motorbike 20年了。。可还不是存了很多钱。
Tay Tze Sen
可可豆价格冲到USD 11000....巧克力,不能吃了
Like · 14 hours · translate
Steve Cheah Siew Wai
这股有可能3块以上出 announcement 吗?
1 Like · 12 hours · translate
Chee Wei Liew
2 Like · Reply
(March 23): As the Easter holidays approach, higher cocoa prices mean shoppers are paying far more for their chocolate eggs and bunnies. But that’s just the tip of the iceberg.
Higher prices in stores now reflect increases in cocoa in 2023. Since then, the rally has gone into overdrive, and cocoa has more than doubled in price already this year, making it the world’s hottest commodity.
In just the last three weeks, wholesale beans in New York have jumped more than 47%, exceeding US$8,900 (RM42,164) a ton — a level that once seemed unthinkable
Show more
Chee Wei Liew
Cocoa futures soared to a fresh record level of $9,900 a ton, extending the March gains to about 54% and the year-to-date surge to more than 130%, as poor harvest in top producing countries Ivory Coast and Ghana led to supply shortages. El Niño brought heavy rains in December, leading to crop damage and the spread of black pod disease. Subsequent extreme heat, aging cocoa trees, and illegal mining further reduced production. Ghana has revised its cocoa production forecast down to 650,000 tons
Show more
Like · 2 weeks · translate
Chee Wei Liew
Spot.price $11,200 per tonne.... anotger 20% increase in a wewk
Like · 1 day · translate
sing kang ting
1 Like · Reply
EPF 会不会是左手进右手出啊
Yesmine Tan
感谢epf放票,这样才可以抄高点。希望我心目中的价位会来到.
2 Like · 1 week · translate
Yesmine Tan
我心目中的价钱没来到。。2.52出场了。
Like · 1 week · translate
Eric S
2 Like · Reply
Guan Chong halt expansion at Ivory Coast and focus on securing cocoa beans
sing kang ting
good action
Like · 1 week · translate
Jo C
1 Like · Reply
next qtr should be very cantek
Roy C
Chocolate is still chocolate ; what to replace with chocolate ? Haha

Demand is still there , chocolate can be a crave
Like · 2 weeks · translate
Jo C
hold and wait next quarterly results....mmm
Like · 2 weeks · translate
Yesmine Tan
1 Like · Reply
Cocoa Prices Skyrocket to a New Record High as Supply Woes Persist
Jack
6 Like · Reply
*GCB at RM1.84*

- While broad market remains volatile amid year-end holiday, profit-taking activities persists. This is again dampened by FED’s recent unexpected hawkish statement that they might not rule out further rate hikes, reiterating “higher for longer” and allaying earlier expectations of swift rate cut through 2024.

- Amidst market uncertainty, *GCB at RM1.84* came under my radar. Share price have been retracing steeply to year-lows, despite recent Q results shown commendable earnings recovery.

- In my opinion, this reflects concerns on higher cocoa prices which have surged >60% ytd to c.US$4100 on Africa’s supply restrictions, higher fertiliser costs and challenging weather.

- *Current valuations* have fallen to attractive 16x PE (annualising recent Q’s earnings), with record high revenue of RM1.3b surging >70% from pre-pandemic’s base. That said, with margins starting to recover qoq, direct flow to bottomline could be tremendous in 2024F. While much downside have been priced in following the selldown, there might be capital upside opportunities at this juncture.

- *Furthermore, GCB’s new plant in UK have recently commenced operations,* which will further boost the group’s annual industrial chocolate capacity by 16% or 16,000 tonnes to 116,000 tonnes. This will further elevate earnings moving forward. To note, UK is the top 5 largest inporter of chocolate confectionaries, with consumption of c. £2.2b in 2022, +28.1% yoy.

- *On fund analysis,* the stock has limited liquidity with >80% controlled by major shareholders and institutional funds. It was also noted that few directors and EPF have been accumulating c.20m shares since Sept (not a common trend in past).

- *Disclaimer:* This is not a BUY/SELL call, above contents are just my personal view.
Show more
Jack
Congratulations all :)
Like · 2 weeks · translate
Gary Cheng
Like · Reply
有谁知是哪个大脚入股呀?
Marshall T.H.J.
Mini CYPARK style since December 2022.
Like · 2 weeks · translate
Keith
Like · Reply
买入少少,这个价位蛮不错。坐等
Keith
新闻出来了,应该差不多了。剩下的给后面的人赚。
Like · 2 weeks · translate