GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9

[japanjack]

any 1 take over Mr john to promote gsb?

[japanjack]

siao!! this counter no more promoter,all ppl now busy to selling before it fall back again.
hopeless!!

[japanjack]

try to call mr lau create some news to take over GSB.They hav new project in pelentong,close to focal with the land in masai n pasir gudang!!

[ahbah]

siao!! this counter no more promoter,all ppl now busy to selling before it fall back again.
hopeless!!

Bow chow see !

[japanjack]

but i major  shareholder oh!how to chow?

[cashflow technology]

Bow chow see !

game over

[ahbah]

2morow market may profit take ?

[japanjack]

gSB,

the flying star,
up in moments,
down in seconds,
sleep for years.

next round will be yrs 2020...
pls be patience n pls live longer than their tauke.

[mike3329]

but i major  shareholder oh!how to chow?

Looks like there are still some diehard holders like us! Do u know why the sudden collection? Hope something positive is in the offing...

[mike3329]

gSB,

the flying star,
up in moments,
down in seconds,
sleep for years.

next round will be yrs 2020...
pls be patience n pls live longer than their tauke.

it will take more than poetry to get it moving but perhaps our patience will pay off if we live long enough...lol

[japanjack]

Looks like there are still some diehard holders like us! Do u know why the sudden collection? Hope something positive is in the offing...

holding this stock ,want to die also very hard,i think they want us to in the share holder list for life!!

[japanjack]

bursa no announcement,mayb just bcause today is moon festival,firework for celebration.

[mike3329]

bursa no announcement,mayb just bcause today is moon festival,firework for celebration.

It is coming again...someone is collecting!

[japanjack]

paging for mr john,urgent ...urgent pls come back to continue ur task.

[japanjack]

It is coming again...someone is collecting!

yaloh,the father sold to the son,the son sold to the daugther,their own family game,we outsider are difficult to join their game.

[japanjack]

It is coming again...someone is collecting!

all hero are disappear ,left u n me...so lonely.
 

[mike3329]

Total volume will top 10 mil shares today....for a sleeping counter it is definitely significant. Hope the interest will hold and there is some positive development.  

[mike3329]

all hero are disappear ,left u n me...so lonely.
 

Haha, it is you, me and whoever is collecting...that's 3 of us. JM has probably quietly exited and left us holding the baby!

[johnmaster]

I purposely don't want to comment, I am sure u all know how to read the annual reports. You can clearly see where GSB is heading and what they are capable of. 10sen tag will not stay very long, it will move up further for sure because GSB will continue to grow. Future prospects for GSB is extreamly good. 10sen is way way too cheap for GSB because of its potential.

If you think the team from ex-Sp setia is good, you probably have not seen GSB/SIMA GROUP innovative quality work. It is only because GSB has been very low profile, once they complete or even showcase that Johore project... eyes will pop out, people will be rushing to grab GSB shares.

Don't worry about my holdings on GSB, I am not selling a single share, I am holding it until I hit a huge jackpot... you have seen what has happened to FOCAL, don't wait until GSB move up like FOCAL, then only start grabbing.

[Ļaughing Ģor]

Wow, JM is back!

[Beam]

Wow, JM is back!

 

[comomo]

Rumor RM0.18

[alexc8]

too many false starts............

[lkb]

sudah wait for long time.....many counter oredi come with many round......GSB baru mai.....

[limko]

Ah John,

Sincerely, I have high regards for you. Perhaps you are the only one left in this forum still standing tall and holding tightly your GSB.

I am sure I will b one of the very first few to congratulate u when GSB turns into Focal - one day! Every stock has his ups & downs and surely GSB will b up one day but sooner for ur sake!

It takes a person like u to have the nerve of steel; biting ur pride, swallow ur ego, not bothered by others' remarks, fully trusted ur dreams would turn into reality, etc

Bravo brother... keep up!   

I purposely don't want to comment, I am sure u all know how to read the annual reports. You can clearly see where GSB is heading and what they are capable of. 10sen tag will not stay very long, it will move up further for sure because GSB will continue to grow. Future prospects for GSB is extreamly good. 10sen is way way too cheap for GSB because of its potential.

If you think the team from ex-Sp setia is good, you probably have not seen GSB/SIMA GROUP innovative quality work. It is only because GSB has been very low profile, once they complete or even showcase that Johore project... eyes will pop out, people will be rushing to grab GSB shares.

Don't worry about my holdings on GSB, I am not selling a single share, I am holding it until I hit a huge jackpot... you have seen what has happened to FOCAL, don't wait until GSB move up like FOCAL, then only start grabbing.

[comomo]

RM0.18 TARGET

[johnmaster]

It is very unfortunate they have yet to launch their Kelana Jaya project because of a change in project plans. That is what causing GSB property development stalled. Whatever it is, I am sure they have thought about it and will be re-designed for the maximum impact. That's why GSB revenue and profitability is stalled, nothing to worry about, just matter of time.

I am looking very far ahead. If you look at the annual report tag line... it says "Branching Out".. what does it mean ? they don't do this kind of tag line if they have nothing in their mind.

Very simple, their new chairman is previously from IOI property, its CEO Andrea Gan is from Sima Group and she has been tagging along with his father in the property development industry ( Sima Group www.sima.com.my ) since childhood and she has directly involved in many successful projects. Sima Group is a low profile private company which is known for its top quality properties and has been in this industry for the past 40 years. All these while, Sima Group as been very quiet because of the conservative nature of Andrea Gan father, Mr Gan Seng Biang, but this are about to change, now with Andrea Gan ( UK educated ) slowly taking over her fathers seat, I don't think she will stay low profile. Experience is property development abundance in GSB, almost all its director has exposure in the property sector.

It is just matter of time when they step on the gas and go... with the upcoming 2 blocks of 23 storey building in Johor, their foot is firmly on the gas paddle. IT WILL BE BLASTING OUT ANYTIME NOW. This project is the first big project by GSB and it will be an eye opener and will put GSB into the spotlight... because I can assure you that this project will be very impressive ( even before I even look at the design because it has been proven over and over again for the past 40 years )

in the meantime, I just keep the shares and stay out of this topic, just in case people are saying me over-promoting this counter.

Ah John,

Sincerely, I have high regards for you. Perhaps you are the only one left in this forum still standing tall and holding tightly your GSB.

I am sure I will b one of the very first few to congratulate u when GSB turns into Focal - one day! Every stock has his ups & downs and surely GSB will b up one day but sooner for ur sake!

It takes a person like u to have the nerve of steel; biting ur pride, swallow ur ego, not bothered by others' remarks, fully trusted ur dreams would turn into reality, etc

Bravo brother... keep up!   

[japanjack]

anything about this deep sea gem?

[sparkrider]

anything about this deep sea gem?

fly soon 

[sparkrider]

today closing 0.15? 

[japanjack]

today closing 0.15? 

ok, then I buy red wine n keep in the fridge..

[sparkrider]

ok, then I buy red wine n keep in the fridge..

prepared for tonight abalone dinner 

[cashflow technology]

today closing 0.15? 

 

[cashflow technology]

It is very unfortunate they have yet to launch their Kelana Jaya project because of a change in project plans. That is what causing GSB property development stalled. Whatever it is, I am sure they have thought about it and will be re-designed for the maximum impact. That's why GSB revenue and profitability is stalled, nothing to worry about, just matter of time.

I am looking very far ahead. If you look at the annual report tag line... it says "Branching Out".. what does it mean ? they don't do this kind of tag line if they have nothing in their mind.

Very simple, their new chairman is previously from IOI property, its CEO Andrea Gan is from Sima Group and she has been tagging along with his father in the property development industry ( Sima Group www.sima.com.my ) since childhood and she has directly involved in many successful projects. Sima Group is a low profile private company which is known for its top quality properties and has been in this industry for the past 40 years. All these while, Sima Group as been very quiet because of the conservative nature of Andrea Gan father, Mr Gan Seng Biang, but this are about to change, now with Andrea Gan ( UK educated ) slowly taking over her fathers seat, I don't think she will stay low profile. Experience is property development abundance in GSB, almost all its director has exposure in the property sector.

It is just matter of time when they step on the gas and go... with the upcoming 2 blocks of 23 storey building in Johor, their foot is firmly on the gas paddle. IT WILL BE BLASTING OUT ANYTIME NOW. This project is the first big project by GSB and it will be an eye opener and will put GSB into the spotlight... because I can assure you that this project will be very impressive ( even before I even look at the design because it has been proven over and over again for the past 40 years )

in the meantime, I just keep the shares and stay out of this topic, just in case people are saying me over-promoting this counter.

 

[lkb]

coming again??

[zayed]

they just announced 1H performance... good or bad?

[iiinvestsmart]

they just announced 1H performance... good or bad?

If JM appears ... Then the result is good.
If JM does not appear .... The the result is otherwise.

 

[cashflow technology]

they just announced 1H performance... good or bad?

Money losing company ... 

RUN!!!

[Gladiator]

If JM appears ... Then the result is good.
If JM does not appear .... The the result is otherwise.

 

Whether JM appear or no appear GSB is a gone case....

As reported by star business: "A number of listed companies with different core businesses have ventured into property, but do they have what it takes to survive in an increasingly unpredictable business?"

Beside GSB there are Asdion, Caely, Digistar, Fitters, Iris, Weida jumping on the property bandwagon. Successful one include Scientx, Guh, Ekson, MFCB, TA....... etc etc  

Everyone of this Companies hoping to be the next Mah Sing but anyone who think GSB have what it's take to beat any of this Companies in Properties or even overtake Mah Sing or SP setia.......is either stupid, insane, crazy or * *.

http://www.thestar.com.my/Business/Business-News/2013/11/30/The-complex-market-of-property-A-number-of-listed-companies-with-different-core-businesses-ha.aspx

[iiinvestsmart]

I enjoy so much Ah John's antics. The depth of his delusion, the absurdity of his self-fulling prophecy, his hoping against hope and his leaky reasoning. As the cost of Ah John's ignorance mounts for the 4th year running, I3investment's recap nicely illustrates how (some or most) investors unrepentantly and grossly overestimate their ability to profit from share market. Ah John has set his own trap. Will light ever shine into the bottomless pit that is Ah John's GSB? Time is best judge. 

     Interesting.

[iiinvestsmart]

Property development profits has ABSOLUTELY NOTHING to do with progressive payment from banks. Progressive payment only affects cashflows.

How Profits is Determined from Property Development

Assume GSB decided to build 100 units of terrace house at 500,000 each. Assume it takes 3 years to build these 100 houses and the total property development cost to build these 100 houses is $35m.

What is the profit at the End of year 1 if (i)property development cost to date is $15m and (ii) actual sales is $25m?

1. Calculate the budgeted profits produce by the entire project
Total budgeted sales = $500,000 x 100 = $50m
Total budgeted cost  = ($35m)
Total budgeted profit = $15m

You can calculate the budgeted sales because you can decide what is your selling price today. You can calculate your budgeted cost in advance because all the projects e.g. building cost, piling, water tank, sewerage, lighting etc are also tendered in advance, so you oredi what is the total cost even before you start building anything.

2. Calculate the percentage of completion at the End of Year 1

Percentage of completion
= Actual billing YTD / Total budgeted Cost
= 15m / 35m
= 43%.

3. Calculate the percentage of sales at the End of Year 1

Percentage of sales
= Actual sales / total budgeted sales
= 25m / 50m
= 50%

4. Calculate the Profit recognised at the end of Year 1

= Budgeted Profit x Percentage of completion x Percentage of Sales
= 15m x 43% x 50%
= 3.225m

Hence out of the total $15m profits, $3.225m is recognised in Year 1. This proves that profit is a factor of
-how much and how fast has been built - supported by supplier invoices
-how much and how fast has been sold - supported by S&P agreements signed

Conclusion
Only relationship between contractors/consultants + developer + customer will affect profit
Relationship between bank + developer will not affect profit.

Mr Bengram is abolutely correct.

 

[paperplane]

Wow, John you stuck here 3 yrs with initial 0.10? Haizzzz.

[alexc8]

clearly it is a double top formation. see you at 11 cents.

RUN

[johnmaster]

Wow, John you stuck here 3 yrs with initial 0.10? Haizzzz.

does not matter what is the price I went in, even at 15sen I am still confident I will make a huge profit when the time comes. Just relax and let GSB grow, you can clearly see how GSB grow, bit by bit doing small projects, now they are all warmed up... suddenly u see a RM234 million project, if they can handle project of this size and complexity, they can handle anything.

[Ļaughing Ģor]

does not matter what is the price I went in, even at 15sen I am still confident I will make a huge profit when the time comes. Just relax and let GSB grow, you can clearly see how GSB grow, bit by bit doing small projects, now they are all warmed up... suddenly u see a RM234 million project, if they can handle project of this size and complexity, they can handle anything.

I wonder if GSB really come to 15 sen one day, will JM clear stock immediately or continue holding? Bear in mind if you dont grab the chance when it comes, you might not get the chance again.

[paperplane]

Think he will wait at least 0.20 . Anyway now ppl busy playing BJCorp and muiind

[Ļaughing Ģor]

Finally GSB has crossed TP 20 sens.

It came a bit late, but still it came.

Congrats to your Jackpot. Your perseverance finally pay off

Johnmaster, I miss you.

[johnmaster]

forget about GSB for now, I got another one in my radar. KNM. It is moving towards what we called the sunshine industries, renewable energy from waste.