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Bursa Malaysia => Equities => Topic started by: johnmaster on July 21, 2011, 03:21:25 AM

Title: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 21, 2011, 03:21:25 AM
GSB Group Berhad ( 7077 ) formally known as SMSUMMIT
www.gsbsummit.com.my

HISTORY

SMSUMMIT core business is providing services to manufacture of CD and cassette tape for the entertainment industry. Prior to the entry of directors related to SIMA GROUP, there were no property development activites within SMSUMMIT. Cassette tape business and CD business was not doing well. In fact cassette tape was a sunset industry and at the same time, many Directors has also come and go and company has become very unstable.

When new management team from SIMA GROUP starts to play a prominant role in SMSUMMIT in 2008 ( now known as GSB ). GSB undergo a massive clean up to get rid of all the loss making business units and at the same time ventures into property development. This effort is now bearing fruits and the latest interim results are showing positive results. Although GSB still retains the CD/DVD business ( now profitable ), they are moving towards a more lucarative property development business. With the SIMA GROUP banner in their properties, the are able to secure a very high take up rate of their properties because SIMA GROUP is well known for being a very reliable property developer that produce very high quality properties.

At the moment GSB have 2 small projects in hand. As you can see from the photos, both and near completion.

1. Laman Ara Utama in Bandar Utama.
http://www.sima.com.my/index.php?option=com_content&view=article&id=43&Itemid=50

(http://sima-com-my.sgkinta.mschosting.org/images/stories/lamanara/thumb-lamaara.jpg)
May 2011
(http://a2.sphotos.ak.fbcdn.net/hphotos-ak-snc6/218022_10150151187773602_530548601_6618229_3319869_n.jpg)

2. Courtyard Villa @ Taman Bentong Makmur in Bentong.
http://www.sima.com.my/index.php?option=com_content&view=article&id=46&Itemid=61

(http://sima-com-my.sgkinta.mschosting.org/images/stories/courtyard/bentong-thumb.jpg)
May 2011
(http://i1105.photobucket.com/albums/h342/johnmaster1111/courtyard.jpg)

These properties looks very attractive, they also have very practical designs and of very high quality. These two project will give you an idea what type of properties that they are capable to produce in the future. It does not show any signs of novice developer, it shows a signs of a very experienced property developer... You must be wondering what is going on ? How do they do it ?

The answer is.. the SIMA GROUP

Who is SIMA GROUP ?

Although very low profile, SIMA GROUP Group is a very reputable construction and property player in the country and has been around for about 40 years. They are well known for their quality of work and also being a very trustworthy property developer. Although low profile, do not under-estimate SIMA GROUP because they are handle any forms of property development projects and are able to compete with any big property players in the country in terms of capabilities and quality. Try study their properties from their website how well they design their properties ( www.sima.com.my ). The only trouble I see with them in the past is funding limitations of being a private company, thats why they never grow beyond of what they are today. I am very sure they are aware of it and that leads them to have a listed unit, GSB.

I also noticed that they have a Scholarship programme, although small matter but this is a sign of a strong and rich company that emphasize alot on the quality of their workers. Alot of people overlooked the importance of high quality workers, for me this is very important because these are the people who will decide the future of any company. A good company can be run into the ground with lousy workers but a bad company can be turned into gold by good capable workers.

You can also look at this old article about the SIMA GROUP :
http://www.theedgeproperty.com/news-a-views/4912-cityacountry-sima-group-banks-on-sincerity-to-grow.html

SIMA GROUP OFFICIAL WEBSITE :
www.sima.com.my

From SIMA GROUP website, 2 out of their 3 current projects belongs to GSB. GSB has become very significant business unit within the SIMA GROUP. GSB is also the only listed unit within the SIMA GROUP. This is based on the increased shareholding of SIMA GROUP related parties over GSB and also the backing from SIMA GROUP for all GSB property development projects. The only one current property project that not inside GSB is a very impressive project called Kelana Parklane. Although the Kelana Parklane project is not inside GSB, it does not mean GSB cannot do an equally impressive project in the future because GSB has the same capabilities with the rest of the unlisted companies under the SIMA GROUP because they share the same resources.

At the moment GSB is still trading around 10sen, this is very attractive for a fast growing profitable company with such a huge potential ahead and a exceptionally strong brand name SIMA GROUP. GSB is no longer an un-stable loss making company that it used to be in the past, it is now a profitable and financially stable company with a very good management team. GSB currently is still left unnoticed inside KLSE, in the wrong sector ( industrial ). People are still not aware of this transformation. One day when this transformed GSB starts its bold move into the property market with bigger projects, people will start to notice it and its share price will surely get a big boost. GSB is on the route to become a major property player in the country with SIMA GROUP as its back-bone.

Please take note of these date and how SIMA GROUP, slowly seeps quietly into SMSUMMIT taking over the control of SMSUMMIT ( later change name to GSB ). Which is now a vehicle for SIMA GROUP into KLSE. ( you can find all these from www.klse.com.my (http://www.klse.com.my) , look for SMSUMMIT and GSB )

Nov 2005, SMSUMMIT subscribe to 89.47% of Serta Usaha Sdn Bhd from Sima Group

Sep 2006, Annual Reports ( Sep 2006 ): Sima Group Related shareholdings... ( 4.9% )
Oct 2006, Many key directors of SMSUMMIT resigns
Dec 2006, Gan Pik Mui, Gan Book Kat becomes director of SMSUMMIT ( daughter and son of Sima Group owner, both are also directors of Sima Group )
Dec 2006, Change of name from SMSUMMIT to GSB Group Berhad

Feb 2007, Jeffery Ong ( husband of Gan Pik Mui ) becomes Managing Executive Director of GSB
Sep 2007, Annual Reports ( Sep 2007 ): Sima Group Related shareholdings... ( 26.3% )

Feb 2008, GSB acquired the remaining 10.53% Serta Usaha from Sima Group
Aug 2008, Chairman from previous SMSUMMIT management resigns
Aug 2008, Jeffery Ong becomes chairman of GSB
Sep 2008, Annual Reports: Sima Group Related Shareholdings... ( 31.6% )

Jun 2009, Laman Ara Utama Condovilla project launched, 100% sold out.
Oct 2009, Courtyard Villa, Bentong project launched
Sep 2009, Annual Reports: Sima Group Related Shareholdings.. ( 31.6% )

Apr 2010, Banda Industries Sdn Bhd from Sima Group is now 100% owned by GSB
Sep 2010, Annual Reports ( Sep 2010 ): Sima Group Related Shareholdings.. ( 31.6% )

Jan 2011, GSB sold Ritz Garden Hotel for RM22 million in Cash ( Profit RM4.4 million ).

Note: These are Sima Group related parties, Gan Seng Biang ( Sima Group owner ), Gan Pik Mui ( daughter ), Gan Boon Kat ( Son ), Jeffery Ong ( Son in law ), ID D’Art Sdn Bhd, Sun Acres Development... there could be many more that I am unaware of. There is another company Suria Bitara Sdn Bhd which holds 20.12% GSB shares, Suria Bitara has the same business address with SIMA GROUP.

There are 2 significant units from SIMA GROUP has already been injected into GSB ( Serta Usaha Sdn Bhd and Banda Industries Sdn Bhd ). Both deals are already completed. They are contributing positively to GSB now and are expected to provide more future income for GSB. Lets look at both of them...

Serta Usaha Sdn Bhd.

Serta Usaha Sdn Bhd is acquired from Sima Group for RM9.5 million ( 89.47% in Nov 2005 for RM8.5 million and 10.53% completed  in 2008 for RM1 million )

Serta Usaha has 3 main assets,
Refer to KLSE Announcement, SMSUMMIT : 17/11/2005
http://www.klse.com.my/website/bm/listed_companies/company_announcements/announcements/archives.jsp

(1) A 13 storey hotel known as Ritz Garden Hotel, Taman Seputeh, Kuala Lumpur. Very near Mid Valley, rented to 3rd party operator
(2) Freehold commercial land in Bentong 1,999.15 metre square
(3) Two parcels of freehold industrial land, Daerah Kuala Muda, Kedah 22,311 metre square and 39,355 metre square

in Jan 2011, GSB sold (1) Ritz Garden Hotel for RM22 million in Cash.

Banda Industries Sdn Bhd.

Banda Industries Sdn Bhd is acquired from Sima Group for RM5 million in Apr 2009

Banda Industries Sdn Bhd comes with following assets,
http://www.klse.com.my/website/bm/listed_companies/company_announcements/announcements/archives.jsp
Refer to KLSE Announcement, GSB: 30/07/2009  ( Page 7 and Page 8 in PDF file )

If you want to know how much all that is worth, please do your own calculation because prices of houses change all the time. Posted in May 2011 ( iproperty ), New Launch of a Semi-D in Bentong is RM788K, you can use that as a benchmark to do your own valuation. http://www.iproperty.com.my/propertylisting/829684/TAMAN_BUKIT_BENTONG_Semi-detached_House_ForSale

(1) Land earmarked for development of 66 units of double storey terrace houses

(2) Land earmarked for development of 20 units of bungalow

(3) Riverville is a proposed high end residential development project 20.6 acres adjacent to the Taman Bentong Makmur
It is expected to comprise the following developments:
- 120 units of double storey terrace houses
- 64 units of semi-detached houses
- 16 units of bungalows lots/bungalows

Banda Industries Sdn Bhd also comes with a JV business with another company Restu Angkasa Sdn Bhd ( Land Owner ) to develop a 52.08 acre land
Known as Bukit Utama next to Taman Bentong Makmur where Banda Industries Sdn Bhd land are

Comprise the following developments:
- 233 units of double storey terrace houses;
- 34 units of semi-detached houses; and
- 80 units of bungalows lots.

---

Financials

For safety reason, lets look at whether this company is financially stable or not.

Bank borrowings vs Cash position.

Un-manageable Bank Borrowings can bring down a company. Because once you defaulted a bank repayment you will get a nasty classification and this can be very damaging any companies because both suppliers and customers will also be avoiding such companies. So, this is something we must always look into.

Based on the latest financial report, until 31 Mar 2011.

Short Term Bank Borrowings= RM1.753 million
Bank Overdraft = RM6.161 million
Long Term Bank Borrowings= RM4.822 million
Total Bank Borrowings= RM12.763 million
Cash in Hand plus Fixed Deposit= RM4.068 million

So, by just looking at it, it is Cash RM4.068 million vs Bank Borrowings RM12.763 million. It does not look good especially when GSB has always been known as a loss making company with no future prospects. Probably thats why people are afraid of it and bypass GSB without looking any further.

Most people do not know that GSB has now turned profitable under the new SIMA GROUP management and they also have a new lucarative property development business with a very strong brand name, SIMA GROUP. With SIMA GROUP, we can expect exciting bright future for GSB especailaly in the property development business... because SIMA GROUP is a very reputable and proven as reliable property/construction player that has been delivering good quality properties for the past 40 years.

Even though Cash vs Borrowings position is not a good at the moment, it is still considered as manageable because RM12.763 million is not a very big amount of money.

However  :phew:  :clap:, there is a very significant development in GSB that will change everything; Just recently in Jan 2011, they sold a hotel building which is held under one of their Subsidiary, Serta Usaha for RM22 million in Cash ( RM4.4 million profit ).

Their Cash in Hand will now will be increased to at least RM26.068 million after the sales of the hotel.

So it will be RM26.068 million Cash in Hand vs RM12.763 million total Bank Borrowings.

With that, we can say GSB is no longer a Bank Borrowing risky counter. GSB will be in a very comfortable cash position and this position will improve further because GSB is also profit making company now and more net cash ( profits ) will be coming in from their other business operations. This, however will not make GSB very rich but enough to keep away the Banks from causing troubles and enough for them to launch bigger projects in the future.

Furthermore, with the completion of Both Laman Ara Utama and Courtyard Villa ( whithin this few month ), more cash will be flowing back into GSB. That will put them in even a stronger position.

Although not fantastic but it is good enough to ensure that GSB will not be in any financial difficulties. Best of all GSB achieve all this from a troubled company without asking a single sen from their shareholders. I believe this will improve further as GSB launch more property projects in the future.


Summary

GSB Berhad ( 7077 ) represents an excellent investment oppurtunity with the entry of SIMA GROUP. GSB have the same attributes of all the other unlisted sister companies within the SIMA GROUP. GSB are now able to build properties under the SIMA GROUP name with the design and built quality of SIMA GROUP. This will ensure a very high take up rate in any project launched by GSB ( already proven by their two project Laman Ara Utama and Courtyard Villa @ Taman Bentong Makmur ).

You can read about Sima Group from http://www.theedgemalaysia.com/property/175417-city-a-country-sima-group-banks-on-sincerity-to-grow.html and www.sima.com.my . You will noticed that SIMA GROUP is a very progressive company with very bright future ahead, GSB is currently the only company in SIMA GROUP that is public listed, we can expect them to become more prominent in the future taking on larger property projects because they have better access to the capital market for fundings and also better image of being listed compared to their other unlisted sister companies within the SIMA GROUP.

Not only being a very reputable property developer for the past 40 years, from Sima Group website you will also noticed that they are investing a lot into human capital by having a Scholarship programme... this programme will enable them to take advantage from some of the smartest people in the country. Just by looking at some of the design of the properties you can immediately sense great progressive minds are at work in the SIMA GROUP. The combination of great progressive minds together with 40 years of technical knowledge/skills and high quality work in the property/construction industries, surely it will have a clear advantage when comes to competition.

And of cos as an investor, you need to protect your investment. Besides capabilities, SIMA GROUP is also well known for the past 40 years for their trustworthiness. With that, you can feel at comfort investing into this company because they are not known to take advantage of the minority shareholders. It has already been proven for the past 4 years, even though they are not in good financial health, they just make use of whatever limited resources they can find in the company and yet still able to turn around the company with 4 years of non-stop improvement... without having to ask for more money from minority shareholders.

Many people have ask, why SIMA GROUP already existed 40 years and yet still not as big some of the major property players. As a private company, as we all know will have funding limitations... it all depends on how their boss take risk to secure funds. This for sure will limit the available funds for their property development projects, that is why SIMA GROUP will not be able grow much even though they are have all the technical capabilities.

They could have continued to operate as a private company, I believe it has to do with his children slowly taking over the SIMA GROUP since the boss is already 66 year old... and these young people are definately more ambitious and are exposed more to the financial market, they will surely try to break the funding limitation by getting SIMA GROUP into the capital market ( GSB ). Now together with the SIMA GROUP 40 years of property development expertise and unlimited funds from the capital market, it is new era for SIMA GROUP via GSB. I would not be surprised they were inject the entire SIMA GROUP into GSB in the future. New asset injection or not GSB is set to go after the big boys.

---

Lets look at the Latest Events... everything are pointing at a very positive and promising future for GSB.

Latest Financial Results ( 300% improvement )

This is the best results in the past 4 years, both quarterly and also yearly. It also shows that GSB is moving into the right direction with their new property development business. Just look at the data, every single year there are improvement. They are able to achieve all this with the limited cash they currently have. This show us that GSB have a very good management team because with such a tight resources, they are still able to produce such a good progessive results ( 300% improvement vs last year and non-stop progress for the past 4 years )

Prospects

Now with the additional RM22 million from the hotel sales ( RM4.4 million profit already in the pocket ) and the remaining money coming in from Laman Ara Utama and Courtyard Villa in the next financial year, and a RM300 million (estimates based on RM1M for a Bangalow, RM699K for Semi D and RM300K for Doube-Storey Link ) project in Bentong in the pipe-line at a location where I was told many rich people are staying.

Everything looks very promising for a counter which is still trading around 10sen. Apart from these existing projects and confirmed money coming in, GSB also stand a very good chance to secure new projects since they are now part of the SIMA GROUP. SIMA GROUP as a private company will not be able to secure enough funds to handle too many projects, rather than losing projects to competitors, they will definately pump some projects into GSB because GSB has no funding limitations being a listed company.

4 years of non-stop improvement.

Full Year ( Profit/Loss )
2008 = -4,765K
2009 = -3,788K
2010 = -879K
2011 = 1,629K = Latest ( improved around 300% vs last year, best result in the past 4 years, turns profitable )

4th Quarter ( Profit/Loss )
2008 = -3,241K
2009 = -1,161K
2010 = -982K
2011 = -306K  = Latest ( improved around 300% vs last year, best result in the past 4 years )

With the RM22 million cash coming in from hotel sales and more money will be coming in from their two completing, They will end up with alot of cash on hand. Strangely, they have yet to launch any new projects... new project launch is unavoidable, or are they preparing to take over the Kelana Parklane project ? Whatever it is, it will give GSB a big boost. GSB is about to move into a new era... massive potential ahead.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 21, 2011, 03:21:46 AM
According to the Notes in the recent EGM for the sales of hotel. GSB plans to reduce bank borrowings to RM2.455 million and after that they will have a balance of RM12 million cash.

Which means with the current cash postion of RM4 million, GSB after completion of hotel transaction and bank borrowing reduction...
it will be RM16 million cash on hand vs RM2.455 million bank borrowings. That will put GSB in a very good financial position. With more money coming in from the 2 completing property projects.. everything looks exceptionally good for them to take on much larger projects int the future.

apart from that, GSB still have a CD manufacturing business which comes with factories... so if they were to dispose that business, it will bring them another big sum of cash for the property development use.

There is another piece of puzzle that has been left unaswered for a long time, who is Suria Bitara Sdn Bhd. Suria Bitara has 20% GSB shares. All I know is, Suria Bitara shares the same business address with SIMA GROUP. So they should be related... which means from all the known SIMA GROUP related parties, SIMA GROUP already has more than 51% of GSB shares. There could be more unknown SIMA GROUP related parties holding GSB shares... The fact is, SIMA GROUP has a very firm grip on GSB.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 21, 2011, 03:22:12 AM
After some forumers read study all the posting above, some of them took the trouble to actually visit GSB project sites to investigate my claims, this is what some of them said in this forum. I would like to thank them for their effort to contribute to this discovery of a true hidden gem GSB. If you have the time, please go and see it with your own eyes. Then you decide what future GSB has if they are able to produce such properties.

Quote from: DreamRichh on June 08, 2011, 06:11:19 PM
Their Laman Ara Utama project is quite impressive.. all units sold out, the workers were there to do some finishing touches, and said they will complete everything and move out by end of the month..
Took some pics, but cannot post here, even tho I reduce their sizes..

Observations:
1. quality tiles used in living room (polished porcelain 2x2 ft), corridors (glazed porcelain 1x2 ft), swimming pool glass mosaics
2. halogen lighting in the hall ways,
3. nice tap fittings and other bathroom items..
4. good neighbourhood, near to Centrepoint shopping mall, Bandar Utama, and walking distance to schools (puay chai 2, tamil, national-type)

Truly a quality product from GSB or Sima.. John, your reputation and belief is redeemed from what I saw.. will try to post pics if possible.

BUY BUY BUY!!!     
 

Quote from: DreamRichh on June 08, 2011, 08:47:47 PM
Laman Ara Utama is one of two projects listed in gsb's website.. xxxx had spread lies that there is no such project, and his "satelite map" showed only a pile of mud at the site.. I think xxxx must have used the cheapo public google map to view, which was probably dated 2007 when the site was cleared.. and started all sorts of lies to drive down the share price..

What I saw today was that the project was completed way ahead of schedule, and on closer inspection of the architectural products used - tiles, tap fittings, sanitary wares, etc - I saw what John has been saying all this time - quality developer with quality products. Unfortunately, cannot post the photos...

This post is to confirm john's exhortations that gsb is a gem, based on Sima's corporate involvement in gsb. I believe him.. what I saw also influence me to hold gsb shares for longer term.. there is a future if Sima works with or within gsb..   
 

Quote from: escapekl on June 15, 2011, 05:46:45 PM
I'm definitely holding for long term. On Monday on my way back from Cherating I stopped over at Bentong to have an upclose look at the Courtyard Villa project in Tmn Bentong Makmur. Very nice area with view of the mountains in the background...as already shown in the pics posted by JM earlier. Also see a lot of more area that GSB can launch new projects through their subsidiary Banda Industry. Hehe, after having a look at Tmn Bentong Makmur, then went to look for nice durians around Bentong. Thought durians there will be cheap but was mistaken...musang king there is also selling for RM35 per kg. Hehe...make me think bout how yyyyyy last time mention can get cheap houses in Bentong...no way :p  
 
Quote from: Yip Weng Tim on Yesterday at 12:08:31 PM
***   LAMAN ARA UTAMA owner told me that End of this month already can take key!! Ask me to help them RENT/SALE.....at the rental of 4k every month.....Sell at 750k onward for the corner lot....... bought at 400k now sell at 750k....3 years before completion already + 85%........
No wonder they push down the company share 1st from the insider news......too high to acquisition back own share at large volume.....*&^%$#@#$%    as I said they 1 have holding power sure will be reward. 
 
 
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 21, 2011, 03:22:30 AM
Including Suria bitara, known SIMA GROUP related parties holding GSB shares are as below based on the 2010 Annual Report.

http://announcements.bursamalaysia.com/EDMS/subweb.nsf/LsvAllByID/4A1908FBA6DC0DDD4825779700291425?OpenDocument

Suria Bitara Sdn Bhd ( 80,480,000 ) 20.1200%
Gan Pik Mui ( 50,650,000 ) 12.6625%
Gan Seng Biang ( 24,759,000 ) 6.1898%
Sun Acres Development Sdn Bhd ( 19,800,000 ) 4.9500%
ID D’Art Sdn Bhd ( 18,600,510 ) 4.6501%
Gan Boon Kat ( 9,119,490 ) 2.2799%
Jeffrey Ong Peng Lock ( 4,100,100 ) 1.0250%

Note: There could be more unidentified names from SIMA GROUP which might be holding on to GSB shares
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 21, 2011, 03:22:48 AM
GSB obviously after the hotel sales and completion of their 2 property projects, will have plenty of CASH but no more projects. While SIMA GROUP will have very limited cash because they are a privately held company, they only have one big project Kelana Parklane... I believe that is all they can handle with the cash they have, their 40 years of property development expertise are somehow are not being utilized to the max.

So, there is a very good chance...

1. Kelana Parklane is being injected into GSB... that will free SIMA GROUP from Kelana Parklane and they can start another property project, while GSB gets an instant winner project Kelana Parklane.

or...

2. SIMA GROUP is being merged into GSB, that will immediately release the full potential of SIMA GROUP which is no longer limited by their funding issue being a private company. Together they can be a major force for the property market in Malaysia.

or...

3. GSB launch a new project in Klang Valley on their own to replace thier 2 completing projects. Since they have alot more money this time, they can lauch a much bigger project and it can be more impressive than Kelana Parklane, because they have the money and also the capabilties of the SIMA GROUP.

No matter 1. or 2. or 3.... GSB looks exceptionally good for the future.


and finally... please read this article over and over again... inside there are alot of hidden messages.

http://www.theedgeproperty.com/news-a-views/4912-cityacountry-sima-group-banks-on-sincerity-to-grow.html

especially this one... it has a deep meaning in it, although GSB is not mentioned... but I believe that is the future of GSB. 

“The name Sima is inspired by our father’s name as his Chinese name sounds similar to Sima. My father believes it is most important to be genuine [sincere] in doing business ,all the way from dealing with customers to contractors.

“While he is a low-profile person, my brother and I [the second generation] believe it is now critical to build Sima as a brand name,” Andrea explains. “We want Sima’s name to be synonymous with a good reputation and reliability as a developer.”  


More imporant quotes from that article.

“We get a high percentage of repeat buyers mainly because our products are delivered on time and are of good quality,” she adds.

Going forward, Andrea says the company will focus on boutique developments and is aggressively sourcing suitable landbanks within Klang valley in locations such as Mont’Kiara, Petaling Jaya, Bangsar, Sentul and Sri Hartamas, either via JV or direct purchase.


Clearly from that interview, you can see SIMA GROUP has big plans via GSB
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 21, 2011, 03:24:44 AM

Added info ... 29/06/2011  

GSB won a new JV project in Kelana Jaya Prime Land

http://announcements.bursamalaysia.com/EDMS/edmsweb.nsf/LsvAllByID/B53C2481FC4FAA50482578BE003B1A46?OpenDocument

This probably surprised a lot of people but not me, because I expecting something like this to happen and probably more of it happening in the future.

Previously there was a concern raised that GSB do not have any prime land in Klang Valley. To me, this does not mean GSB cannot build any properties in Klang Valley. They can still buy lands or do JV projects with landowners. True enough, they just won a new JV project in a piece of prime land in Kelana Jaya.

The value and the details of of the project has yet to be announced, all we know is that the land size not very big but the size of the land is 4.75 times larger than the hotel land size that they sold for RM22 million. So you can expect this project to be a decent sized in terms of GDV... and should be biggest compared to all that they launch so far. Hopefully when they announce the details of this project in the future, it will be an exciting one... because all their projects are ussually highly innovative and full of pleasent surprise.

With this project, I believe they will continue to win more JV projects because they have yet proven again that SIMA GROUP is not any ordinary property player. They have an exceptional good the track records and reputation and trusted by landowners and property buyers. I am sure the landowners would have investigated GSB/SIMA GROUP in great details before handing over their prime land for GSB/SIMA GROUP to develop because landowners are facing great risk if developer are unable to deliver.   

Best of all, for this project, they dont even need to spend a single sen to buy land. This type of JV projects are normally self financing once the project starts and sold out very quickly, it will be very good for GSB.

and GSB yas yet to raise any funds via KLSE to take on something even bigger than this...



Added Info ... 7/7/2011

New findings, Key Management Fees and Benefits

Annual Report 2007, RM637,300
Annual Report 2008, RM473,004 - Management from SIMA GROUP took over
Annual Report 2009, RM448,118
Annual Report 2010, RM282,300


Notice the trend, it has been been reduced significantly, year by year. They could have just maintained thosee but they choose to reduce dispite the company performance is improving rapidly over the past few years. This is simply amazing... Very rare to see a mangement team that are willing to do such thing for the sake of the company and thier shareholders especially in this era where cost of living are escalating sky high. A true committed management team.



Added Info ... 18/7/2011

Overlooked info in Banda Industries Sdn Bhd...

I just went though the Banda Industries Sdn Bhd acquisition notes again... ( please refer to page 7 and page 8 )

http://announcements.bursamalaysia.com/EDMS/annweb.nsf/LsvAllByID/482568AD00295D0748257603003042BD?OpenDocument

Apart from the high end Riverville Project and JV project with Restu Angkasa ( Bukit Utama Bentong )... they still have balance from the Taman Bentong Makmur project. Which will make GSB even better.

According to the acquisition notes, Taman Bentong makmur has a total of 16 phase and according to SIMA GROUP website current phase 11 is Courtyard Villa (  http://www.sima.com.my/index.php?option=com_content&view=article&id=3&Itemid=36 ). Which means they still have another 5 more phase to go in Taman Bentong Makmur project... Means I have under-estimated the value of GSB projects in Bentong!!!

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 21, 2011, 03:28:36 AM
GSB will be completing all the remaining 2 projects in hand soon, they have yet to launch anything new dispite having a very strong financial position and no more projects on hand. They seems to be consolidating for something big.

They have also yet to raise a single sen from KLSE to fuel their growth.

Future Growth Potential are just simply massive for GSB.

(http://i1105.photobucket.com/albums/h342/johnmaster1111/Horse-2.jpg)
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 21, 2011, 03:29:30 AM
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Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 21, 2011, 03:31:33 AM
Please ignore the earlier versions of GSB topic... this version contains some updated info. Hopefully we will have some clean and constructive discussion on GSB from now.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 21, 2011, 03:41:09 AM
My data are taken from different period of time because of this long topic spanning over quite a long time now... When we get the Annual Reports soon, I will be able to make a clean analysis on GSB.

Note: The current GSB analysis are based on bits and pieces of information that I gathered from different source at a different time. So they might not be the same with the final data when Annual Report is released... however, they should be very-very close to what currently is written ( final official figures from Annual Report should be better than what I wrote because my current figures are very conservative ).
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 21, 2011, 03:42:00 AM
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Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Ļaughing Ģor on July 21, 2011, 04:09:49 AM
收購產業公司‧GSB擴大盈利來源

GSB集團(GSB,7077,主板工業產品組)期望透過收購產業公司擴大盈利水平,減低營運風險,且放眼產業發展能在未來幾年,為公司至少貢獻50%的盈利
 
GSB集團今日(週五,4月9日)舉行的股東特大通過以500萬令吉,收購Banda工業,後者在產業市場累積了超過10年經驗,主要的產業發展計劃坐落在彭亨州文冬。
 
增新地庫可忙碌5年
 
此公司執行主席王平祿表示:“在展開收購計劃後,將額外提供87英畝地庫,料可忙碌5年,並捎來顯著的盈利貢獻。”
 
他指出,GSB集團計劃進行綜合性產業發展,民宅包括雙層排屋、半獨立式洋房及別墅,至於商業發展方面則將興建店舖。
 
詢及其發展總值,他解釋,由於目前僅處於初步階段,因此仍無法估計整體的發展價值。
 
王平祿看好產業市場前景,相信需求將不斷提昇,加上產業領域的賺幅較高,所以放眼增購地庫,包括在巴生河流域,以充作未來發展。
 
光碟印製仍是核心業務“目前我們也在雪州Kayu Ara進行共管公寓發展計劃,發展總值達2000萬令吉。”
 
不過,光碟印製仍是GSB集團的核心業務,雖然在金融風暴來襲時備受打擊,不過目前已有所改善,跨國公司對CD光碟仍有一定的需求,而DVD光碟的需求則不斷增加。
 
GSB集團即將公佈2009財政年全年業績,他預期表現將按年有所提昇,並相信接下來仍有利可圖。

GSB集團首9個月成功轉虧為盈,寫下10萬3000令吉淨利。

 
談及未來會否展開更多收購計劃,王平祿說:“現階段沒有這個打算,不過未來若有好機會,將作出考慮。”

GSB集團(GSB, 7077, 主板工業產品組)與Project Start私人有限公司簽署聯營協議,以聯營發展雪州白沙羅縣商業產業發展計劃。該公司發文告指出,將透過內部資金和銀行貸款進行融資,一旦發展計劃推介和銷售後,公司預期聯營計劃將可自行融資,並預計對公司未來盈利作出正面貢獻
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: soulsimple on July 21, 2011, 04:11:54 AM
havin a party here?

enjoy!!!!

 :P
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: tips2earn on July 21, 2011, 09:12:03 AM
Wow. V9 go go go  :clap:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 21, 2011, 09:24:25 AM
Based on all the little pieces of evidence that are found all over the internet and also contribution from forumers who actually go and visit some of the construction sites give me a very confident outlook on GSB future.

Let me try summarize all the key attractions of GSB/SIMA GROUP.

- Trustworthiness/Sincerity
If you can see from the interview with Andrea Gan of SIMA GROUP ( also Director of GSB ) and The Edge... even the title has the word sincerity. http://www.theedgeproperty.com/news-a-views/4912-cityacountry-sima-group-banks-on-sincerity-to-grow.html
Very rarely people put that in top priority during interviews... this is well known fact about the SIMA GROUP.

SIMA GROUP is well known for its capabilties to win JV projects in the past and most recently they win another 3 JV projects, 1 in Bentong, and 2 in Kelana Jaya. 2 of the project is under GSB and another one is still under a private sister company from SIMA GROUP. What does that tell us ? it tell us that land owner trust SIMA GROUP.. whey do they trust SIMA GROUP until they are willing to hand over their prime land worth tens or even hundreds of million to SIMA GROUP/GSB for development.  From there you can be assured that your investment in GSB is safe and will be taken care of just like the lands that is wroth tens or hundreds of millions in their care. Proven for the past 40 years.

- Technical capabilties
40 years of solid and proven property development expertise from SIMA GROUP. Just visit SIMA GROUP website www.sima.com.my and study their properties... not just amazingly innovative, they are also very practical and at the same time comes with the proven SIMA GROUP. If you read the Edge article again, Andrea also mentioned that they get alot of repeat buyers... that already tells you alot already.

- High Quality Workers
SIMA GROUP has Scholarship Programme, another rare display of a very high quality company who emphasized alot of the quality of their workers. They give scholarship to some of the smartest kids in the country...once they graduate, they will come back to serve SIMA GROUP for at least 2 years.. some may even choose to stay on to work for SIMA GROUP. This company will be full of very intelligent and capable workers.
 
- Serious Business
Since taking over SMSUMMIT and later renamed GSB, This mangement team has not ask for a single sen from the shareholders, amazing... they just make use of whatever little cash they can find to turn-around and grow the dying company. Normally any company who does backdoor listing or IPO will surely immediately raise funds, but not GSB, they have not raise a single sen even after 4 years taking over GSB. Means they are NOT doing this backdoor listing for quick money, they are listed here for serious business. Most people when listed, first thing they do is to immediately grab money.

- Management Commitment and sacrifice for the company
If you look at the annual report, the GSB Management Team has actually reduced their own pay and other benefits. They sacrifice their own pocket for the sake of the company and shareholders, a very rare display of commitment, especially in this era where everyone only think about themselves.

Annual Report 2007, RM637,300
Annual Report 2008, RM473,004 - Management from SIMA GROUP took over
Annual Report 2009, RM448,118
Annual Report 2010, RM282,300
 
- This management has also proven to be very capable.
Even though SMSUMMIT was in such terrible shape. This new management team from SIMA GROUP, since taking over... they managed to make massive improvement in fanancial results year after year and finally turned profitable in 2011. Not just turn profitable, they also manage to put GSB into a very strong financial position, with Cash on Hand is more than 6 times larger than bank borrowings ( RM16 million vs RM2.455 million ) .. they achieve all that without asking a single sen from the shareholders. Amazing capabilities.

- Financial condition
Financial condition of GSB is exceptionally good financially condition for a 10sen counter... Cash on hand is more than 6 times larger than Bank Borrowings ( RM16million vs RM2.455 million ) . Where else you can find a 10sen counter with such a strong fianancial position. Even some of the counters above RM1 also cannot display this strength. We can conclude that this is a very safe counter to invest. Because not only cash on hand, they also have plenty of existing projects already in hand, profit making and still growing rapidly.

- SIMA GROUP BRAND
Any properties build with the SIMA GROUP brand will surely record a very high take up rate becuase of their proven quality over the past 40 years. The higher take-up rate means higher profits...  Once GSB starts to get aggressive to build more and bigger projects... it will translate to bigger profits because of the SIMA GROUP proven brand name. GSB is also building medium to higher range properties, so their profit margin will also be higher.



-... and so much more...

--- I think I will stop here because if I continue with this "summary" it will become a big article instead... because there are simply too many good things to write about SIMA GROUP/GSB. I cannot understand why people still bother to buy other counters... we have an exceptional company ( potentially future Blue Chip counter ) GSB are currently at its infant stage ( plenty of room to grow ), hidden inside the industrial sector where the back door listing of the SIMA GROUP was left unnoticed. IT IS ONLY 10sen!!! my God.. where else can you find anything that is 10sen and have so much goodies in it, it is already displaying some of the qualities of current Blue Chip counters


Bulk of the summary above is about the The Management Team and the people within SIMA GROUP/GSB. People inside a company is more important thing you must look at first when choosing a company to invest.

"A Good management team can turn a garbage company into gold while a bad management team can turn gold to garbage"
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: BlackDevil on July 21, 2011, 09:29:42 AM

Buying stocks is easy. Anybody can do that. The hard part is knowing when to sell. And very few people know how to do that. We’ve all made expensive mistakes-either missing the full upside by selling too soon, or taking a huge loss by holding a falling stock too long.

Let’s face it. Most people don’t know when to sell a falling stock. So they’re frozen into inactivity, saying, “Should I just keep holding and hoping, or should I cut my losses now?” And there’s no reliable crystal ball to tell anyone when a rising stock has peaked.

The problem that causes both these mistakes to happen is simple: Ordinary investors are ruled by emotions. And the only way you’re ever going to join the highest echelon of the world’s best investors is to strip all emotions out of your decisions.




No wonder you look stupid. dont know how to sell stock. (http://media.myspacepimper.com/content/gif/cartoon/cartoon_501.gif)
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: D ' LADY on July 21, 2011, 09:30:46 AM
No wonder you look stupid. dont know how to sell stock. (http://media.myspacepimper.com/content/gif/cartoon/cartoon_501.gif)

BAD BLACK !!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: BlackDevil on July 21, 2011, 09:35:33 AM
BAD BLACK !!

Terasa ke?  :D :D :D
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: pooh on July 21, 2011, 09:36:22 AM
am checking in this new thread, gambatteh & huat yah.. :clap: :thumbsup:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: ♂ M®. 1 MÎLLÌØÑ ™ ♂ on July 21, 2011, 09:40:20 AM
wahhhhhhhh............version 9...........huattttttttt arrrrrrrrrrrrrrrrr :D :D :D
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: BlackDevil on July 21, 2011, 09:41:20 AM

In business and in the stock market, you’ve got to have a plan, and you’ve got to have an exit strategy. We know in advance exactly when we’re going to buy and sell.

Remember folks, have an entry and exit plan. GSB best buy only at 0.075 below while good sell at 0.110 below cos GSb just a goreng counter.


Then what is you plan? wasting time here everyday? hope to buy cheap? (http://www.drawnandquarterly.com/imagesProduct/a443580561dd85.jpg)
 :D :D :D
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: viper88 on July 21, 2011, 09:46:59 AM
History repeats again.. 8)
US stock up so much but most klse penny stocks still not moving.....



Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 21, 2011, 09:53:40 AM
Some typo errors corrected...

Based on all the little pieces of evidence that are found all over the internet and also contribution from forumers who actually go and visit some of the construction sites give me a very confident outlook on GSB future.

Let me try summarize all the key attractions of GSB/SIMA GROUP.

- Trustworthiness/Sincerity
If you can see from the interview with Andrea Gan of SIMA GROUP ( also Director of GSB ) and The Edge... even the title has the word sincerity. http://www.theedgeproperty.com/news-a-views/4912-cityacountry-sima-group-banks-on-sincerity-to-grow.html
Very rarely people put that in top priority during interviews... this is well known fact about the SIMA GROUP.

SIMA GROUP is well known for its capabilties to win JV projects in the past and most recently they win another 3 JV projects, 1 in Bentong, and 2 in Kelana Jaya. 2 of the project is under GSB and another one is still under a private sister company from SIMA GROUP. What does that tell us ? it tell us that land owner trust SIMA GROUP.. whey do they trust SIMA GROUP until they are willing to hand over their prime land worth tens or even hundreds of million to SIMA GROUP/GSB for development.  From there you can be assured that your investment in GSB is safe and will be taken care of just like the lands that is wroth tens or hundreds of millions in their care. Proven for the past 40 years.

- Technical capabilties
40 years of solid and proven property development expertise from SIMA GROUP. Just visit SIMA GROUP website www.sima.com.my and study their properties... not just amazingly innovative, they are also very practical and at the same time comes with the proven SIMA GROUP Quality. If you read the Edge article again, Andrea also mentioned that they get alot of repeat buyers... that already tells you alot already.

- High Quality Workers
SIMA GROUP has Scholarship Programme, another rare display of a very high quality company who emphasized alot of the quality of their workers. They give scholarship to some of the smartest kids in the country...once they graduate, they will come back to serve SIMA GROUP for at least 2 years.. some may even choose to stay on to work for SIMA GROUP. This company will be full of very intelligent and capable workers.
 
- Serious Business
Since taking over SMSUMMIT and later renamed GSB, This mangement team has not ask for a single sen from the shareholders, amazing... they just make use of whatever little cash they can find to turn-around and grow the dying company. Normally any company who does backdoor listing or IPO will surely immediately raise funds, but not GSB, they have not raise a single sen even after 4 years taking over GSB. Means they are NOT doing this backdoor listing for quick money, they are listed here for serious business. Most people when listed, first thing they do is to immediately grab money.

- Management Team Commitment and sacrifice for the company
If you look at the annual report, the GSB Management Team has actually reduced their own pay and other benefits. They sacrifice their own pocket for the sake of the company and shareholders, a very rare display of commitment, especially in this era where everyone only think about themselves.

Annual Report 2007, RM637,300
Annual Report 2008, RM473,004 - Management from SIMA GROUP took over
Annual Report 2009, RM448,118
Annual Report 2010, RM282,300
 
- Very capable management team.  
Even though SMSUMMIT was in such terrible shape. This new management team from SIMA GROUP, since taking over... they managed to make massive improvement in fanancial results year after year and finally turned profitable in 2011. Not just turn profitable, they also manage to put GSB into a very strong financial position, with Cash on Hand is more than 6 times larger than bank borrowings ( RM16 million vs RM2.455 million ) .. they achieve all that without asking a single sen from the shareholders. Amazing capabilities.

- Excellent Financial condition
Financial condition of GSB is exceptionally good financially condition for a 10sen counter... Cash on hand is more than 6 times larger than Bank Borrowings ( RM16million vs RM2.455 million ) . Where else you can find a 10sen counter with such a strong fianancial position. Even some of the counters above RM1 also cannot display this strength. We can conclude that this is a very safe counter to invest. Because not only cash on hand, they also have plenty of existing projects already in hand, profit making and still growing rapidly.

- The SIMA GROUP Brand
Any properties build with the SIMA GROUP brand will surely record a very high take up rate becuase of their proven quality over the past 40 years. The higher take-up rate means higher profits...  Once GSB starts to get aggressive to build more and bigger projects... it will translate to bigger profits because of the SIMA GROUP proven brand name. GSB is also building medium to higher range properties, so their profit margin will also be higher.


- and so much more to write about...  Amazing company.

I will stop here because if I continue with this "summary" it will become a big article instead... because there are simply too many good things to write about SIMA GROUP/GSB. I cannot understand why people still bother to buy other counters... we have an exceptional company ( potentially future Blue Chip counter ) GSB are currently at its infant stage ( plenty of room to grow ), hidden inside the industrial sector where the back door listing of the SIMA GROUP was left unnoticed. IT IS ONLY 10sen!!! my God.. where else can you find anything that is 10sen and have so much goodies in it, it is already displaying some of the qualities of current Blue Chip counters


Bulk of the summary above is about the The Management Team and the people within SIMA GROUP/GSB. People inside a company is more important thing you must look at first when choosing a company to invest. You must also feel safe knowing your money is safe with these honest and capable people, just like how landowners trust their prime land worth tens or hundreds million with SIMA GROUP/GSB.

"A Good management team can turn a garbage company into gold while a bad management team can turn gold to garbage"
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: D ' LADY on July 21, 2011, 09:58:31 AM
Terasa ke?  :D :D :D

should i ?
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: viper88 on July 21, 2011, 10:00:52 AM
1 hr ady after klse trading start off.. but no transaction yet...  hmm...
Big fishes and small retailers all shifted to IPO launch today...
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: BlackDevil on July 21, 2011, 10:16:29 AM
should i ?

Whatever. :shake: :shake: :shake:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: BlackDevil on July 21, 2011, 10:34:17 AM
And still, no answer from Predator.

Oi, tak malu kah??

Ini Spam la... where got answer de. :D :D :D
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: BlackDevil on July 21, 2011, 10:49:34 AM
Nope. Predator has got no answer as to why he is spewing out spam so obsessively on one counter when there are hundreds of other counters and thousands other investors to save elsewhere.

 

She is the 1st batch Sheep JM slash last time lo...
JCY Victim :shake: :shake: :shake:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Cals on July 21, 2011, 10:54:27 AM
congrats V9!!!!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: sambai on July 21, 2011, 11:05:29 AM


Share Price Performance 
                                High                          Low 
Prices      1 Month     0.120   (05-Jul-11)    0.095   (28-Jun-11)
Prices      3 Months    0.150   (27-May-11)  0.065   (04-May-11)
Prices    12 Months    0.150   (27-May-11)  0.035   (20-Sep-10)
Volume  12 Months 236,739   (31-Mar-11)      16   (11-Aug-10)
 
Why you guys & gals not buying more? Cheap counter but why coma meh? This 1st Q will loss meh?  Careful!! Wakakakakakaka!!


         (http://i85.servimg.com/u/f85/13/45/78/37/todayl10.gif)





From the animation above, i strongly feel that Predator is that DOG and John is that CAT..... :clap: :clap: :clap: :clap: :clap: :clap: :thumbsup: :thumbsup: :thumbsup: :thumbsup: :thumbsup: :D :D :D :D
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: jesse on July 21, 2011, 11:05:48 AM
Hi JM,

Some feeback on this V9 thread. How many more to go? Never ending???

The top investors out there e.g Warren buffet, Soros, dont tell their investments or continuous promote their investments viciously like you do until the media has picked up and in most cases the stock has gone up and has made tons of money.

I think there is too many threads on GSB which is getting to a level of * stage.

I think you should take a step back and relax and see whether what has been said will turn into fruits by the end of the year. I think alot of forumers here know how great you have been picking this stock at 5.5sen. Well done and keep it up.

Pls pick the next multiple bagger stock instead of wasting your energy fighting with other forumers to discredit this GSB.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: escap on July 21, 2011, 11:18:41 AM


Without causing a panic, big players are dumping slowly with anticipation of losing this Quarter!

So folks, don't risk your hard earned cash at this price! You will be rewarded soon if you are patience! Gsb just a goreng counter repeat goreng counter and not suitable for long term!!  Wakakakakakaak!!!


           Waiting Too ^ Longgggg!
                    (http://www.toejumper.net/graphics/skeletonPC.jpg)

Morning and greetings again from China :p Hehe, dear Predator, here are some of my comments for u to digest:-
1) I love sharks fin soup :p Especially love sitting next to those "I don't eat shark's fin" type of people at dinners or weddings cos I'll happily tell them "in that case, I'll have your share, don't waste" hahaha
2) I have had many many nice shark fin dinners on my previous gains in GSB and will have many many more shark fin dinners to come in future from GSB
3) End of the day it's my money to do as I deem fit and I have plenty of it...so don't concern yourself too much about it k :p
4) Stop leeching on Johnmaster's good efforts. Are u a predator or a leech?
5) Last but not least, stop giving sharks a bad name....I still want my delicious sharks fin soup remember ;p








Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 21, 2011, 11:19:08 AM
Everytime got new pleasent discovery in GSB... some are burried deep inside V1 to V8. So compile them into the first few message of this topic. You are lucky becuase you read about this topic already, there are alot of other people who has never read or heard about GSB. They also deserve to make a fortune out of GSB. So I am promoting also for their sake also... not just for you.  

Hi JM,

Some feeback on this V9 thread. How many more to go? Never ending???

The top investors out there e.g Warren buffet, Soros, dont tell their investments or continuous promote their investments viciously like you do until the media has picked up and in most cases the stock has gone up and has made tons of money.

I think there is too many threads on GSB which is getting to a level of * stage.

I think you should take a step back and relax and see whether what has been said will turn into fruits by the end of the year. I think alot of forumers here know how great you have been picking this stock at 5.5sen. Well done and keep it up.

Pls pick the next multiple bagger stock instead of wasting your energy fighting with other forumers to discredit this GSB.

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: jesse on July 21, 2011, 11:22:28 AM
Everytime got new pleasent discovery in GSB... some are burried deep inside V1 to V8. So compile them into the first few message of this topic. You are lucky becuase you read about this topic already, there are alot of other people who has never read or heard about GSB. They also deserve to make a fortune out of GSB. So I am promoting also for their sake also... not just for you.  

Just a suggestion. Start a blog and compile all the new and old information there and share the link with everyone. Thank you so very much for promoting GSB  aka. GOOD STOCK BERHAD.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: jesse on July 21, 2011, 11:25:47 AM
Everytime got new pleasent discovery in GSB... some are burried deep inside V1 to V8. So compile them into the first few message of this topic. You are lucky becuase you read about this topic already, there are alot of other people who has never read or heard about GSB. They also deserve to make a fortune out of GSB. So I am promoting also for their sake also... not just for you.  

I also think the new people or other people will be very happy to read on the blog instead of the multiple threads and the fighting going on here. and they will thank you for sharing this GSB aka GREAT STOCK BERHAD.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 21, 2011, 11:30:26 AM
So you are hoping for a quarterly loss so that GSB will fall because of that. All of us already know RM4.4 million profit from hotel sales is already secured, it is either captured in this quarter or following quarter. Laman Ara Utama and Courtyard Villa is also completing... they will also be receiving more progressive money from the banks.... again its either this quarter or the following quarter. Profits are already secured... it is just matter of which quarter those profits will fall into. For the whole year, this financial year is sure to be a profit....

what surpsing is why GSB has yet to luanch any new projects to replace all their completing projects.... Although a JV projects is partially announced, no project launch yet. IT is not that they have no money, they have plenty of money now with the RM22 million coming in and also their ability to tap into the capital market for more money if necessary.

So because of non-activities until today... something must be coming, normally company will slow down their business activities if the have a huge M&A activity coming. I got feeling they might be injecting the higly impressive sold out project Kelana Parklane ( people also complained of low activities in that project ) in to GSB... becuase both also looks like slowdown their business activities to facilitate M&A... or could it be the merger of the entire SIMA GROUP into GSB. IF that happens anytime now... GSB will immediately hit past 20sen.

So will you risk missing the boat on a perfectly safe counter at 10sen ? even if the M&A does not take place, it does not mean GSB cant grow.. it still can by itself because it still have a huge projects in Bentong that is yet to be launched and also a JV project in prime land Kelana Jaya waiting to be launched... and GSB has yet raise a single sen from KLSE to buy lands to build more projects to fuel their growth.






Without causing a panic, big players are dumping slowly with anticipation of losing this Quarter!

So folks, don't risk your hard earned cash at this price! You will be rewarded soon if you are patience! Gsb just a goreng counter repeat goreng counter and not suitable for long term!!  Wakakakakakaak!!!


           Waiting Too ^ Longgggg!
                    (http://www.toejumper.net/graphics/skeletonPC.jpg)








Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: ... on July 21, 2011, 11:31:11 AM
ah john dunno how to write a blog so who ever suggest one need to teach him personally how to start lo  :inlove: :inlove:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 21, 2011, 11:33:35 AM
I also think the new people or other people will be very happy to read on the blog instead of the multiple threads and the fighting going on here. and they will thank you for sharing this GSB aka GREAT STOCK BERHAD.

I cannot post new info into the old topic beause they are full of garbage, makes it unreadable. The only way is to create new topic, put the info into the first few message of the topic for easy reference. Admin has disable the ability to edit old posting, so I cannot edit the first message of the topic to add in new info. So new Topic is still needed.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: jesse on July 21, 2011, 11:34:29 AM
ah john dunno how to write a blog so who ever suggest one need to teach him personally how to start lo  :inlove: :inlove:
Abu, i think Ah John is smarter than us all. He is John MASTER. You are making a mockery of him for saying he doesn't know how to start a blog.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 21, 2011, 11:34:46 AM
furthermore you have read all you need to know about GSB, you can choose to ignore GSB topic. GSB topic is for those who have not heard about it before... they too deserve GSB as much as all of you.

I cannot post new info into the old topic beause they are full of garbage, makes it unreadable. The only way is to create new topic, put the info into the first few message of the topic for easy reference. Admin has disable the ability to edit old posting, so I cannot edit the first message of the topic to add in new info. So new Topic is still needed.

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: jesse on July 21, 2011, 11:36:19 AM
I cannot post new info into the old topic beause they are full of garbage, makes it unreadable. The only way is to create new topic, put the info into the first few message of the topic for easy reference. Admin has disable the ability to edit old posting, so I cannot edit the first message of the topic to add in new info. So new Topic is still needed.

Frankly speaking. Start a blog and you solve all this issues. Reader who want to read your post will read both "new and old" information at their leisure and you can solve all the fighting once and for all. Isnt that better? For all the problems with this forum's admin on new old posting, when you have your own blog which is FREE and everyone has one nowadays.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Guesst on July 21, 2011, 11:36:40 AM
Predator is the only one now making fun of john.. eventually he'll also swim away, as nobody appreciates his efforts here. Shooooooooo...... 8) 8) 8) 8) 8)
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: beginner2 on July 21, 2011, 11:37:50 AM
never ending quarrel
do sth more meaningful
go and support 0.1 before it breaks
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 21, 2011, 11:38:12 AM
I need to help people to make this big money, until it cross 20sen... need to motivate people to hold until it cross 20sen as part of my redemption work for my past mistakes. I want to make sure everyone makes a big profit out of GSB and not easily let go this GEM too early. After it cross 20sen.. I will be on my own for even bigger money on GSB... this topic promotion will stop. Those who knows the true value of GSB will of cos hold on for the fortune that I am talking about, a future high end counter in the making.

Abu, i think Ah John is smarter than us all. He is John MASTER. You are making a mockery of him for saying he doesn't know how to start a blog.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: ... on July 21, 2011, 11:38:24 AM
Abu, i think Ah John is smarter than us all. He is John MASTER. You are making a mockery of him for saying he doesn't know how to start a blog.
he is super smart doesnt mean up trend ma, he say he old man, simple life, watch tv and gosok gigi only everyday sometime tengok gsb, but he is good man for sure, just a little arrping/nagging/old school circa 1950an  :handshake:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: ... on July 21, 2011, 11:39:25 AM
and to be fair the biggest buck i made this year is from gsb  :giggle: :giggle:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 21, 2011, 11:40:22 AM
Frankly speaking. Start a blog and you solve all this issues. Reader who want to read your post will read both "new and old" information at their leisure and you can solve all the fighting once and for all. Isnt that better? For all the problems with this forum's admin on new old posting, when you have your own blog which is FREE and everyone has one nowadays.

I have my duty to do here.. after cross 20sen... I will stop this topic, that is how far I will bring everyone from this forum. I will be setting up a blog for the future journey of GSB. GSB even today already shown all the attributes of a blue chip... imagine what will happen when GSB starts to tap into the capital market for serious growth.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: jesse on July 21, 2011, 11:41:15 AM
furthermore you have read all you need to know about GSB, you can choose to ignore GSB topic. GSB topic is for those who have not heard about it before... they too deserve GSB as much as all of you.

I think you are evading the issue here. I am giving a suggestion and I can choose what I want to read. But if you want to carry on with you life fighting and being grumpy. PLS CARRY ON. Life is too short to spend so much time talking on GREAT STOCK BERHAD.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 21, 2011, 11:41:58 AM
and to be fair the biggest buck i made this year is from gsb  :giggle: :giggle:

you have not seen a fortune yet... for you maybe big bucks is 100%, 200%.. those are nothing compared to when GSB is finally grown up. The longer you can keep GSB the better it will become.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Parti 1Malaysia on July 21, 2011, 11:42:23 AM
Predator is the only one now making fun of john.. eventually he'll also swim away, as nobody appreciates his efforts here. Shooooooooo...... 8) 8) 8) 8) 8)

My friend recommends this forum to me. He says this forum is for "fast track" counters. Slow counter is not welcome here. Maybe he is right.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: cokelike on July 21, 2011, 11:45:00 AM
gsb only 10sen. why not invest some?  :D :D :D :D :D :D
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 21, 2011, 11:45:42 AM
I think you are evading the issue here. I am giving a suggestion and I can choose what I want to read. But if you want to carry on with you life fighting and being grumpy. PLS CARRY ON. Life is too short to spend so much time talking on GREAT STOCK BERHAD.

If cos I need to carry on fighting with them.. if I stop, they will jump in and say I run away and might cause another round of panic selling. I am holding on firm to my GSB. It is my duty to continue this since I started it... until I complete my duty to see it cross 20sen by end of this financial year.. although I hope it will come earlier so that I can finally be free of all the attacks... GSB have enough catalyst to bring it across 20sen anytime now if they really wanted to. I am not sure what is holding them back... maybe the insiders are still collecting.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: jesse on July 21, 2011, 11:46:21 AM
I need to help people to make this big money, until it cross 20sen... need to motivate people to hold until it cross 20sen as part of my redemption work for my past mistakes. I want to make sure everyone makes a big profit out of GSB and not easily let go this GEM too early. After it cross 20sen.. I will be on my own for even bigger money on GSB... this topic promotion will stop. Those who knows the true value of GSB will of cos hold on for the fortune that I am talking about, a future high end counter in the making.

I am touch and on behalf of new investors to this forum. I thank you for carrying this fiduciary duty in promoting GSB, in the greater good of making LOTS of money. God bless you JM.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Guesst on July 21, 2011, 11:46:28 AM
My friend recommends this forum to me. He says this forum is for "fast track" counters. Slow counter is not welcome here. Maybe he is right.

Pls be careful and act on everything you read here - look at Oldtown (tp 3.50???), mclean, iJacobs, etc.. many who followed become satay.  Except GSB, still strong even tho market mostly red, many of us waiting for the 20 cents target... :nod: :nod: :nod:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 21, 2011, 11:51:27 AM
gsb only 10sen. why not invest some?  :D :D :D :D :D :D

yep.. how to lose money on a 10sen counter with so much potential and with such a strong financial strength... imagine Cash on Hand is more than 6 times larger than Bank borrowings. ( RM16 million vs RM2.455 million ). Can anyone find another counter which is 10sen that can display this kind of financial strength ? Not just financial strength, it is still a fast growing company with projects worth at least ( very conservative ) RM300 million in the pipeline and more to come in as they win more projects ( recently just added a JV project in Kelana Jaya ). A very capable proven managemement team who are totally commited to the company, reduce their own pay for the sake of the company... And it comes with a super brand SIMA GROUP, 40 years of solid reputation. What else can you ask in a 10sen counter.!!!

Nothing comes close to it. I cant find any in KLSE, not even in the entire world.. anything this cheap with so much potential and so solid.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 21, 2011, 11:54:20 AM
I am touch and on behalf of new investors to this forum. I thank you for carrying this fiduciary duty in promoting GSB, in the greater good of making LOTS of money. God bless you JM.

Because I make mistakes last time.. and I find this an oppurtunity to redeem myself. I wont let go this kind of oppurtunity.. this is a sure win counter, only matter of time before it cross 20sen... no matter what,it must cross 20sen. Another reason is that... GSB will eventually need to raise funds via KLSE... the amount of funds they can get depends on their share price. At 10sen, they cant raise much fund... so GSB share has to go up alot more.. the more the better. So, GSB share price cannot stay at 10sen for long... it has to go up.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 21, 2011, 11:57:38 AM
Because I make mistakes last time.. and I find this an oppurtunity to redeem myself. I wont let go this kind of oppurtunity.. this is a sure win counter, only matter of time before it cross 20sen... no matter what,it must cross 20sen. Another reason is that... GSB will eventually need to raise funds via KLSE... the amount of funds they can get depends on their share price. At 10sen, they cant raise much fund... so GSB share has to go up alot more.. the more the better. So, GSB share price cannot stay at 10sen for long... it has to go up.

I could have set a higher target for GSB... but I choose only 20sen becuase I believe it can easily be achieved and I am fully redeemed :) while myself will go after the bigger pie at higher grounds way higher than minimum easily achievable target of 20sen. Just look around you, how many garbage counters in KLSE is even higher than 20sen ? Company as solid as GSB should not even be only 20sen.... now only 10sen.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 21, 2011, 12:03:35 PM
Because I make mistakes last time.. and I find this an oppurtunity to redeem myself. I wont let go this kind of oppurtunity.. this is a sure win counter, only matter of time before it cross 20sen... no matter what,it must cross 20sen. Another reason is that... GSB will eventually need to raise funds via KLSE... the amount of funds they can get depends on their share price. At 10sen, they cant raise much fund... so GSB share has to go up alot more.. the more the better. So, GSB share price cannot stay at 10sen for long... it has to go up.

And which company in KLSE that got listed that never raise a single sen from KLSE ? GSB has yet to raise a single sen from KLSE since their successful backdoor listing ( they did not raise any funds back then ), they also did not get any IPO money. That is already 4 years... Just ask yourself, what is the purpose of being listed and you are not making use of your listing status... that is to raise funds ? So, it is impossible that GSB will not raise funds in the future to fuel growth... and it is impossible to raise fund if GSB share is 10sen. GSB have enough catalyst ( M&A and project announcements ) to move GSB shares upwards and sustain at higher price before they raise funds via KLSE.

that is another reason why 20sen is an easy target... that is apart from GSB fundamentals and its exceptionally bright future prospects.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 21, 2011, 12:07:05 PM
Pls be careful and act on everything you read here - look at Oldtown (tp 3.50???), mclean, iJacobs, etc.. many who followed become satay.  Except GSB, still strong even tho market mostly red, many of us waiting for the 20 cents target... :nod: :nod: :nod:

Yes, all those company has nothing special compared to GSB. GSB has SIMA GROUP as its backbone. Maybe you have not heard about SIMA GROUP... if you dont know who SIMA GROUP is, please go and spend some time and read... ( athough GSB is not mentioned, but it is about GSB )... I believe they purposely dont want to mention GSB to keep it low profile while insiders collect at cheap price. They cannot keep it at low price for very long because they need to get into action also.

http://www.theedgemalaysia.com/property/175417-city-a-country-sima-group-banks-on-sincerity-to-grow.html

and their website

www.sima.com.my

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: dkpm8910 on July 21, 2011, 12:07:57 PM
gsb not moving stil
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 21, 2011, 12:09:10 PM
gsb not moving stil

it will take some time.. insiders are not in a hurry to buy because they know people will throw at them.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 21, 2011, 12:10:22 PM
it will take some time.. insiders are not in a hurry to buy because they know people will throw at them.

they also wont let if fall because they wont want to damage its confidence because later they need GSB share price to go up before they can start tapping into the capital market for money.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 21, 2011, 12:15:42 PM
My friend recommends this forum to me. He says this forum is for "fast track" counters. Slow counter is not welcome here. Maybe he is right.

Those are gamblers... if you have found an ideal counter than can easily give you more than 100% gain in less than a year, what else do you need ?
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Cals on July 21, 2011, 12:42:51 PM
yes already put in chiller for later  :nod:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 21, 2011, 03:19:04 PM
alot of selling at 10sen, insiders must be very happy collecting... hopefully they have collected enough already and time to let GSB loose.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: KUBmaster on July 21, 2011, 04:02:06 PM
alot of selling at 10sen, insiders must be very happy collecting... hopefully they have collected enough already and time to let GSB loose.

I no worry at all. I know when the volume picks up, when GSB becomes top 10 counter again the price will SOAR!!! :thumbsup: :thumbsup: :thumbsup:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 21, 2011, 04:35:30 PM
I no worry at all. I know when the volume picks up, when GSB becomes top 10 counter again the price will SOAR!!! :thumbsup: :thumbsup: :thumbsup:

I just want it to quickily cross 20sen to get people like Predator off my backs... and I can then peacefully wait longer period for it to make a fortune for me :)
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 21, 2011, 04:45:34 PM
Very strange way of looking at financial results... Q4 results was the best Q4 result for the past 4 years, it also represents a improvement of 300% over same period last year. He called that a poor result. A growth of 300% , best 4th Quarter results in the past 4 years he called poor result, surely this fellow have a serious trouble reading financial results.

If you are waiting for 7.5sen GSB, then better dont waste your time waiting. Those time has gone forever... very soon 10sen will also be a history...alot of people will look back in few years time and regret "Why didnt I buy at 10sen, I would have made a fortune out of it!!! "

Folks, the big players have been selling from 0.15 till 0.095 due to poor reported Q4. Now they are selling slowly & surely as Q1 will be a loss also!

Don't risk buying this penny stock at this current price. Gsb just a goreng counter and best buy will be 0.075 below. Your patience will be rewarded soon folks!
    
 
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 21, 2011, 04:48:25 PM
And of cos some will already started their regrets at end of this financial year by thinking "Why didnt I buy at 10sen, I would have made more than 100% from GSB in less than a year"

Very strange way of looking at financial results... Q4 results was the best Q4 result for the past 4 years, it also represents a improvement of 300% over same period last year. He called that a poor result. A growth of 300% , best 4th Quarter results in the past 4 years he called poor result, surely this fellow have a serious trouble reading financial results.

If you are waiting for 7.5sen GSB, then better dont waste your time waiting. Those time has gone forever... very soon 10sen will also be a history...alot of people will look back in few years time and regret "Why didnt I buy at 10sen, I would have made a fortune out of it!!! "

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 21, 2011, 04:59:17 PM
That is my personal target... 20sen is the target for everyone here. What is wrong if I set myself a personal target... I make a mistake for giving out that info...thats why I retract it first. Let GSB cross 20sen first.. and we talk about RM2 :)


Here Ajon is inconsistent and not serious with his posting. Earlier posting admitted TP of Rm2.00 for GSB. So folks, is the person you trust with your hard earned cash?

If Ajon is a sincere and trustworthy person, at this cheaper price he should be happy able to collect more because of his higher TP and positive perception or assumption on GSB future endeavor. 

Why is he not collecting anymore?

(http://multiply.com/mu/notfallingapart/image/2:commentgraphics/photos/2577/1200x120/53/frogLOL11.gif?et=sNIRVzjclREPWUerlEqqhQ&nmid=327026112)







Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 21, 2011, 05:19:25 PM
This question has been answered so many times already, nevermind.. let me educate him again.

1. Taman Bentong Makmur according t its original plan is scheduled to start in 1996 and complete in 2018. Now is only 2011... still got 7 years to go. It does not matter how many years it takes, they have to follow their development schedule.

2. There is no such thing as insufficient cash...they can always take up loans if they need cash because their bank borrowing are not really big. Just a small bank borrowings RM12 million, Cash in Hand RM4 million, only short of RM8 milllion ( that is after the purchase of Banda Industries Sdn Bhd for RM5 million )  ... means they are only short of RM3 million ( RM8 million - RM5 million ). With progressive money still coming in from Laman Ara Utama.. the RM3 milllion deficit, is not really something unmanageable. Anyway, that is already history gone and will never come back again because they are getting RM22 million cash!!! that is the fact!!!

Financial Position NOW will be RM16 million cash vs RM2.455 million bank borrowings. What is the purpose of looking back for something that is already gone and past

3. The longer they delay the details of the project the better, you know why ? because I believe they are accumulating a lot of news and wait for the right moment to storm the market with a series of good news. Which will create a big excitement over GSB.

What is it to con ? 10 sen counter which has such a solid financial position. If GSB wants to con us.. they would have already raise funds from shareholders long ago, no a single sen is taken from shareholders since their backdoor listing 4 years ago. They management team even sacrifice their own pocket for the sake of shareholder by reducing their own pay from RM637K in 2007 to RM282K in 2010. They have no intention to con shareholders, in fact they have done so much to rescue a dead company SMSUMMIT and transformed it into a profitable company with so much potential ahead of it. Without SIMA GROUP, the original SMSUMMIT shareholders would probably end up with RM0.00 from whatever investment they made in the past in SMSUMMIT. It was SIMA GROUP that saved them without asking a single sen from them.




1. Selling Banda Industries to GSb because Bentong is a problematic project due to poor demand! Project started in 1996 but till today (16years) not completed yet. (Why 2008? How they justify the value for 100% interest in Banda Industries S/B? )   

2. Selling untenanted hotel to settle bank borrowings & creditors while balance as cash flow.(Why untenanted? Why insufficient cash flow? Inefficient Management?)

3. Till today there no announcement or notice to the  shareholders on the details on the JV. (Why no news? Cheap publicity stunt?)

So folks, GSb a penny stock is risky to begin with, why put your money more risk at this price especially with ill-advised promotion with some ulterior motives! (Could it be a con job?)


Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 21, 2011, 05:21:20 PM
I already bought more than you can ever imagine... to me, it is enough to make me a fortune.


If so good TP at 0.20 buy more loh! Why desperately asking others to buy? Not confident with your own TP meh? Wakakakakakakakakakakakkkkk!!

Just a reminder, folks, have an entry and exit plan. GSB best buy only at 0.075 below while sell at 0.110 below cos GSb just a goreng counter.

GSB is risky to begin with, why put your money more at risk at this price? If you put too much of your capital at risk, you increase the odds of losing your capital.

(http://www.funnypictures24.com/fp/funny_animated_pictures/funny_animated_picture_86.gif)


Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 21, 2011, 05:26:49 PM
Let me repeat... GSB is one of the safest investment you can find in KLSE, it is only 10sen. Cash on hand is more than 6 times bigger than bank borrowings. Company is also progressing very well with non-stop growth for the past 4 years... this financial year is already secured at least RM4.4 million profit... means another year of massive growth.  Not just form financial data, GSB also have a proven management team that we can trust. Just ask yourself, will landowner hand over their prime land worth tens or even hundreds of milllion over to SIMA GROUP if they cannot be trusted. Land owner trusted SIMA GROUP because this is a known fact for the past 40 years, that sincerity is the pillar of the SIMA GROUP. This could be the first time you hear about them but for those who knows them... they have proven their honesty for the past 40 years.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: bengram on July 21, 2011, 05:42:00 PM
Hey Predator,

Let me make it clear that this earlier reply was meant for you.

If you don't know how to read announcements or understand how property business is carried out, I suggest that you get into the business of selling funny graphics designs and stay out of stock market commenting.

Here are my replies to your completely clueless conclusions

1. Do you know that every property built by GSB in Bentong has been sold? No? Then don't talk rubbish.

2. You yourself shared reports where analysts say property market may be at a height. But when GSB decide to sell a property to take advantage of historically high property prices, you say they are inefficient management. Don't talk rubbish. It's obvious you know nothing about properties and don't fully understand some of the things you quote yourself. I am embarrassed for you, that you are acting as a very clever investor adviser when you clearly show you know nothing about real life business esp. property business.

3. Have you any idea how long it takes to get development approval for a project?? Do you know that you can get into trouble with the law if you share details of a property project without first getting approval for the development? No? Then stay out of the business of commenting on a property counter. You think can just announce JV this week and then share a beautiful 'artist impression next week, is it? Come on, your stupidity is showing.

But then again, you're probably a young 'chiku' who thinks he knows a lot. Never ran a business before, lost some money from following a tip given by JM in some other counter and now wants to take 'revenge'.

Since you share so many quotes, let me share one. 'It is better to keep your mouth shut and let people think you are a fool than to open it and confirm that you are one'

Go play somewhere else, people are laughing at you here.


Haha good try orangdunia. I believe this is also quite reflective of how many forumers here feel when they see the same baseless scare tactics from Predator. But I doubt his spams will stop any time soon. His posts are similar to the results of using spambots in chatrooms that churn out pre-selected quotes/phrases/pictures aimed at jamming JM's thread.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: dkpm8910 on July 21, 2011, 06:53:44 PM
THOSE SHARES with good fundamentals alw cant move la...no one wants to goreng them at all,,,,lcth, insas,esceream. etc to name a few
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: tajudinhelmikari on July 21, 2011, 09:40:22 PM
Hey Predator,

Let me make it clear that this earlier reply was meant for you.

If you don't know how to read announcements or understand how property business is carried out, I suggest that you get into the business of selling funny graphics designs and stay out of stock market commenting.

Here are my replies to your completely clueless conclusions

1. Do you know that every property built by GSB in Bentong has been sold? No? Then don't talk rubbish.

2. You yourself shared reports where analysts say property market may be at a height. But when GSB decide to sell a property to take advantage of historically high property prices, you say they are inefficient management. Don't talk rubbish. It's obvious you know nothing about properties and don't fully understand some of the things you quote yourself. I am embarrassed for you, that you are acting as a very clever investor adviser when you clearly show you know nothing about real life business esp. property business.

3. Have you any idea how long it takes to get development approval for a project?? Do you know that you can get into trouble with the law if you share details of a property project without first getting approval for the development? No? Then stay out of the business of commenting on a property counter. You think can just announce JV this week and then share a beautiful 'artist impression next week, is it? Come on, your stupidity is showing.

But then again, you're probably a young 'chiku' who thinks he knows a lot. Never ran a business before, lost some money from following a tip given by JM in some other counter and now wants to take 'revenge'.

Since you share so many quotes, let me share one. 'It is better to keep your mouth shut and let people think you are a fool than to open it and confirm that you are one'

Go play somewhere else, people are laughing at you here.


Predator is a fool who doesn't know he is a fool :rofl: :rofl: :rofl: :rofl:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 21, 2011, 10:15:02 PM
THOSE SHARES with good fundamentals alw cant move la...no one wants to goreng them at all,,,,lcth, insas,esceream. etc to name a few

Dont worry, GSB is a growth stock.. once more good news and new projects starts to roll in... it will go up :) Still plenty of catalyst that is yet to be unleashed by GSB.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: soulsimple on July 22, 2011, 12:26:45 AM


                Whateverrr!      
              (https://lh5.googleusercontent.com/-CVdtpCw2dYM/TXME--qyo5I/AAAAAAAAGn4/J1K_iQ5C3TI/s320/talkhand-talk-to-the-hand-talk-hand-smiley-emoticon-000673-facebook.gif)




 :D :D :D :D
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 22, 2011, 09:18:36 AM
watch out closely for GSB because selling in GSB is more or less overdone already, any news from them anytime now will surely trigger a massive rally. Dont forget about the partially released JV project news, follow-up announcement will be coming soon.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 22, 2011, 09:28:03 AM
watch out closely for GSB because selling in GSB is more or less overdone already, any news from them anytime now will surely trigger a massive rally. Dont forget about the partially released JV project news, follow-up announcement will be coming soon.

Remember, dont stay sideline for too long to buy GSB if you are interested, 10.5sen is very very cheap already because if suddenly more news is released, you will never be able to get it this cheap again. You will miss one of the best oppurtunity to make a fortune out of KLSE.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: spp on July 22, 2011, 09:29:15 AM
Remember, dont stay sideline for too long to buy GSB if you are interested, 10.5sen is very very cheap already because if suddenly more news is released, you will never be able to get it this cheap again. You will miss one of the best oppurtunity to make a fortune out of KLSE.

Last quarter can earn money or not?
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 22, 2011, 09:37:55 AM
Last quarter can earn money or not?

Dont worry about the past... what important is the future. Everything is in place now for them fly :) If the past is fantastic, do you think it will be 10sen ? There is a transformation taking place in GSB, it is a different comapany now.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: spp on July 22, 2011, 09:42:22 AM
(http://www.gsbsummit.com/overviewpic.jpg)

Awesome!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 22, 2011, 09:43:09 AM
And because this transformation is not known to many people, is the reason why it is this cheap. This is very high class company at its infant growth stage. Still yet to be discovered, has not raise a single sen from KLSE... not even during its listing. Exceptionally good and committed management team, fantastic brand reputation, quality and capabilties.. SIMA GROUP. Excellent financial condition, Cash vs Bank Borrowings is RM16 million vs RM2.455 million. Already have in hand project worth at least RM300 million in prime area of Bentong and 2 completing project and 1 prime land JV projects in Kelana Jaya... and possibily more to come in the future. Total 400 million shares only, at 10.5 sen, impossible you cannot make money out of it.

Dont worry about the past... what important is the future. Everything is in place now for them fly :) If the past is fantastic, do you think it will be 10sen ? There is a transformation taking place in GSB, it is a different comapany now.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 22, 2011, 09:44:57 AM
(http://www.gsbsummit.com/overviewpic.jpg)

Awesome!

you should look at the floor plan also... just see how small details are taken care of inside. Also look at Laman Ara Utama, 15 different designs out of 44 units in a condo unit.. Amazing effort. This is no ordinary property player.. it is a sign of a very high class property developer.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 22, 2011, 10:03:18 AM
When nobody sells anymore, buyer will have no choice but to buy from limited sellers... GSB share price will move up again. Buyers cannot afford to wait for very long also because GSB still have plenty of good news that is yet to be released.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Parti 1Malaysia on July 22, 2011, 10:09:02 AM
Don't forget! Predator has no qualifications to talk about property biz or stocks. See statement below

Hey Predator,

Let me make it clear that this earlier reply was meant for you.

If you don't know how to read announcements or understand how property business is carried out, I suggest that you get into the business of selling funny graphics designs and stay out of stock market commenting.

Here are my replies to your completely clueless conclusions

1. Do you know that every property built by GSB in Bentong has been sold? No? Then don't talk rubbish.

2. You yourself shared reports where analysts say property market may be at a height. But when GSB decide to sell a property to take advantage of historically high property prices, you say they are inefficient management. Don't talk rubbish. It's obvious you know nothing about properties and don't fully understand some of the things you quote yourself. I am embarrassed for you, that you are acting as a very clever investor adviser when you clearly show you know nothing about real life business esp. property business.

3. Have you any idea how long it takes to get development approval for a project?? Do you know that you can get into trouble with the law if you share details of a property project without first getting approval for the development? No? Then stay out of the business of commenting on a property counter. You think can just announce JV this week and then share a beautiful 'artist impression next week, is it? Come on, your stupidity is showing.

But then again, you're probably a young 'chiku' who thinks he knows a lot. Never ran a business before, lost some money from following a tip given by JM in some other counter and now wants to take 'revenge'.

Since you share so many quotes, let me share one. 'It is better to keep your mouth shut and let people think you are a fool than to open it and confirm that you are one'

Go play somewhere else, people are laughing at you here.



My friend keep saying Investlah Forum is for punters. Long term investor is not welcome. Maybe predator tries to discourage those long-term investors form long term counter?
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 22, 2011, 10:17:41 AM

My friend keep saying Investlah Forum is for punters. Long term investor is not welcome. Maybe predator tries to discourage those long-term investors form long term counter?

Predator wants to buy GSB lah.. he want it cheaper, unfortunatey GSB wont fall so easily. As more and more people are starting to discover GSB... it will be even harder for it to fall. Most people are holding on to GSB because they know their money is safe with this management team.... very capable, honest and sincere team who are fully committed to the company. Imagine until their own pocket also being sacrificed for the sake of the company. Not a single sen is raised from shareholder since they took over this company 4 years ago. And so many other evidence I picked-up when I was investigating GSB....

This is the company you can put your money and sleep well. Knowing we have honest people taking care of our money, not just honest but also with an exceptional capabilties ( 40 years of proven quality work of SIMA GROUP, trusted by house buyers and landowners ). Top quality workforce from their Scholarship programme.

Do not be fooled by the 10.5 sen tag, this company has a massive potential ahead of it. It will surely not remain as cheap as 10.5 sen for long. They will grow very fast because their operations are still very small, very easy to manage. They have yet to really get aggressive... all these while they are just warming up and consolidating their positions. Now that they are exceptionally stable fiancially ( Cash is more than 6 times larger than bank borrowings )... plenty of projects in the pipeline, they are ready to blast off anytime now.


Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 22, 2011, 11:22:56 AM
People can choose how long they want to do their projects, if they are behind schedule then I am okay you say they are lousy. But that project is scheduled to complete in 2018... that is another 7 years to go. Why want to complete a project 7 years ahead of schedule ? desperate for money issit ? ( proves that sIMA GROUP is not desperate for money, if say no money also not true because they can also easily sub-con out if really desperate ).

Some developer purposely drag the project as long as possible especially those with multiple phase to let the project matured and they can make more money out of the later phase. This is becuase later phase will be built on a area which is already matured and are able to get higher price for the properties.



 22years for Bentong project? Must be bigger the Iskandar Johor Project!!  But why GSb still a penny stock and now even worse coma?

Ajon has led many sheep to the slaughter house! If the blind lead the blind, both shall fall into a ditch. Ajon’s foolish action has caused himself and his followers trapped unnecessary with GSB.

Wakakakakakakakak!!

   
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: hung7 on July 22, 2011, 11:24:31 AM
today still no trade till now......freeze~
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 22, 2011, 11:26:57 AM
today still no trade till now......freeze~

this is a good sign, no more desperate sellers.. buyers will have no choice but to grab from higher price before GSB starts to release good news.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 22, 2011, 11:28:32 AM
this is a good sign, no more desperate sellers.. buyers will have no choice but to grab from higher price before GSB starts to release good news.

The pressure is on buyers now, not sellers... those have GSB shares, just hang on tight to it.. dont queue for sales, let the buyers panic because they are risking missing a gigantic boat. A very high class property player and a new KLSE star is about to blast off.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Guesst on July 22, 2011, 11:44:51 AM
No one is in a hurry to sell.. just hold and wait for the bentong durian to mature..
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 22, 2011, 11:47:13 AM
Obviously predator does not understand the meaning of project plan and schedule. It is in the document project is planned to start in 1996 and complete in 2018. That is how they plan the entire 16 phase project. Still got 7 more years to go, people do not complete a property project 7 years ahead of schedule. How many times do I have to explain to predator that project is scheduled in such way.  

If the BN Gov did not go and sacrifice our railway land in Singapore to the Singapore Gov in exchange for investors from Singapore to invest in Iskandar, give special tax incentive for people in Inskandar region. If not because of BN pouring billions into Iskandar, most of the Iskandar region would have already been abandoned. Previous CEO of Inskandar project even resigned, that shows how bad it was back then.

The so called Iskandar region "success" are not real.. it is being forced in the expense of public money.


Today only desperate watcher! 22 years to complete Bentong! What, the land as big as Iskandar Johore project meh?

22 years to complete Bentong that mean 22 years to reach 0.20 cents. 16years pass by & balance more 6 years waiting game for GSb to reach 0.20 cents! 

Wakakakakakakakakakak!!

   

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 22, 2011, 11:50:14 AM
No one is in a hurry to sell.. just hold and wait for the bentong durian to mature..

There will be a mad rush for GSB shares soon... just watch out for good news coming out of GSB anytime now :) Buyers are taking a big risk queuing there and wait.. because they might just miss the massive GSB boat, just to save a small sum of money.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on July 22, 2011, 11:52:43 AM
Raider see predator comments alot of sense loh...!
But since raider agree to disagree with John findings on GSB and predator is doing a veri good job, raider will refrain to comment further on GSB loh...!

Predator....appear highly intelligent and his analysis veri precise and informative loh.....please read predator comment carefully....b4 decide anything on GSB loh....!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 22, 2011, 11:55:27 AM
great, we have another one appearing... a simple project plan and schedule also cannot understand.

Raider see predator comments alot of sense loh...!
But since raider agree to disagree with John findings on GSB and predator is doing a veri good job, raider will refrain to comment further on GSB loh...!

Predator....appear highly intelligent and his analysis veri precise and informative loh.....please read predator comment carefully....b4 decide anything on GSB loh....!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 22, 2011, 11:58:18 AM
those people queing to buy GSB are facing risk missing the massive GSB boat... every day delayed in buying GSB shares means they are one stop closer to missing the boat. Those who are with GSB shares, just be patience... big rewards are on its way. GSB cannot hold back announcements for long, they also cannot hold back their new projects for very long also... sooner or later all will be released.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: holuce on July 22, 2011, 12:05:09 PM
those people queing to buy GSB are facing risk missing the massive GSB boat... every day delayed in buying GSB shares means they are one stop closer to missing the boat. Those who are with GSB shares, just be patience... big rewards are on its way. GSB cannot hold back announcements for long, they also cannot hold back their new projects for very long also... sooner or later all will be released.

YES ! I agree w. u DON MISSED OUT!!.........no huge reward for punting tis cntr, except tiny profits......GSB CFO did said it they will make announcement in due course - 3months time....so all strong holders :) BE PATIENCE & WAIT AS I HOPE IT WILL REWARD US HANDSOMELY & thanks u Ah John for your good words all these time on GSB.  ;) :thumbsup: :thumbsup: :cash: :cash: :cash: :cash:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 22, 2011, 12:20:05 PM
Hello, you know what is project schedule or business plan not ?  People choose to do it that way, long project duration schedule is normally done on purpose so that later stage of the property development project will sit on a matured project and will fetch better property price.


Come on Ajon, spin more!! As mentioned desperado will spin on anything! Even why counter is coma, bla bla bla......!!

Bentong started 1996 and to be completed in 2018!! Wowww thats 23 years for 40years experience Sima to complete Bentong!

Wahhh, land as big as Iskandar Johore project meh? Is this good reputation of the much talked about Sima? Better plant palm oil tree there loh!

Now 2011 so still got 7 years to go. That mean another 7 years of uncertainties coming from this Bentong!

16years pass by & balance another 7 more years of waiting game for GSb to reach 0.20 cents! 

Wakakakakakakakakak!!
(http://1.bp.~.com/__vQSgSg60FY/SonGyc2EJBI/AAAAAAAAARk/mh6pHkQ3vcA/s320/0511-0701-3117-1335_Skeleton_Behind_a_Business_Desk_clipart_image.jpg)





Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 22, 2011, 12:24:11 PM

Hello, you know what is project schedule or business plan not ?  People choose to do it that way, long project duration schedule is normally done on purpose so that later stage of the property development project will sit on a matured project and will fetch better property price.

IF that project is completed 10 years ago, how much can they get from houses back then ? doube storey house 10 years ago in Bentong probably will fetch less than RM100K, but now it would fetch at least RM300K. If all the lands were fully built 10 years ago, SIMA GROUP would have earn much less than what it can earn out of it today. It is just a very smart strategy employed by SIMA GROUP to maximise the profit from that development land.  Something of cos not very smart people like Predator failed to understand.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 22, 2011, 12:25:01 PM
IF that project is completed 10 years ago, how much can they get from houses back then ? doube storey house 10 years ago in Bentong probably will fetch less than RM100K, but now it would fetch at least RM300K. If all the lands were fully built 10 years ago, SIMA GROUP would have earn much less than what it can earn out of it today. It is just a very smart strategy employed by SIMA GROUP to maximise the profit from that development land.  Something of cos not very smart people like Predator failed to understand.

of cos too hard for Stockraider to understand also because most likely he has the same level of IQ as predator :)
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 22, 2011, 12:26:45 PM
IF that project is completed 10 years ago, how much can they get from houses back then ? doube storey house 10 years ago in Bentong probably will fetch less than RM100K, but now it would fetch at least RM300K. If all the lands were fully built 10 years ago, SIMA GROUP would have earn much less than what it can earn out of it today. It is just a very smart strategy employed by SIMA GROUP to maximise the profit from that development land.  Something of cos not very smart people like Predator failed to understand.

Again another display of intelligence in SIMA GROUP.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 22, 2011, 12:32:28 PM
It is a very smart business strategy by the SIMA GROUP... cant blame predator, he is simply not smart enough to understand.

Quote
IF that project is completed 10 years ago, how much can they get from houses back then ? doube storey house 10 years ago in Bentong probably will fetch less than RM100K, but now it would fetch at least RM300K. If all the lands were fully built 10 years ago, SIMA GROUP would have earn much less than what it can earn out of it today. It is just a very smart strategy employed by SIMA GROUP to maximise the profit from that development land.


23 years for a simple project! Why the land as big as Singapore meh? Like this want to become blue chip counter meh?

Wakakakakakaka...come Ajon spin more!!

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 22, 2011, 12:34:03 PM
It is a very smart business strategy by the SIMA GROUP... cant blame predator, he is simply not smart enough to understand.


maybe Predator is temporary shocked by this sudden gain of knowledge. He got nothing else to write already.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: meano on July 22, 2011, 12:38:48 PM
Now I see why all these banter was carried on till the Old Town thread and possibly the other threads.. hahaha.. ok, good luck all.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: junclj on July 22, 2011, 01:38:07 PM
today whole day nobody trade gsb?
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: ♂ M®. 1 MÎLLÌØÑ ™ ♂ on July 22, 2011, 01:44:56 PM
Dear Cartoonstock.com

This is to alert you that a forum user in www.investlah.com going by the 'screen name' Predator has been using images without permission in the forum.

These include images from your copyrighted stock as indicated below.

I am certain that the said forum owner will cooperate with any legal notice asking for the actual name and or IP address of the offending forum member.

.......
......
......

:thumbsup: :thumbsup: :thumbsup: :thumbsup: :thumbsup:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 22, 2011, 02:28:21 PM
today whole day nobody trade gsb?

those trade are basically sales trade.. so no trade is good news, means sellers are more or less done with their selling. Buyer only needs to queue to accumulate. Now that more more selling, buyer will soon have no choice but to buy from sellers queue because time is runing out for them to collect... before GSB starts to release their annoucements and their business activity news.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 22, 2011, 02:34:50 PM

for the past few days, most trades are sales trade.. so, no trade is good news, means sellers are more or less done with their selling. Buyer previously only needs to put buy queue to accumulate. Now that no more sellers throwing at buyer, buyer will soon have no choice but to buy from sellers queue because time is runing out for them to collect... before GSB starts to release their annoucements and their business activity news.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: funkaki on July 22, 2011, 02:40:46 PM
biggest con man ever = Predator

so folks, becareful about predator

he is the biggest con man
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 22, 2011, 03:00:24 PM
After realizing he was make a fool out of himself on the Bentong project, he now attempt to talk about penny stock manipulation... let us see now how he is going to make a fool out of himself again this time.


Low Liquidity… High Risk: Penny stocks are thinly traded and easily manipulated. You may buy a penny stock and see it zip higher.

But then try getting out. It’s pretty disheartening to know that you can drive down the price of your stock simply by selling a couple of thousand shares at market.

Wowwww..if coma like this going to be a new record low traded at zero! (old record lowest at 16 only)
 
Waakakakak!!!

Share Price Performance 
                                High                          Low 
Prices      1 Month     0.120   (05-Jul-11)    0.095   (28-Jun-11)
Prices      3 Months    0.150   (27-May-11)  0.065   (04-May-11)
Prices    12 Months    0.150   (27-May-11)  0.035   (20-Sep-10)
Volume  12 Months 236,739   (31-Mar-11)      16   (11-Aug-10)  




Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 22, 2011, 03:29:16 PM
Predator obviously dont know what is project schedule or business plans. SIMA GROUP chooses to do it that way, long project duration schedule is normally done on purpose so that later stage of the property development project will sit on a matured project and will fetch better property price.

IF that project is completed 10 years ago, how much can they get from houses back then ? doube storey house 10 years ago in Bentong probably will fetch less than RM100K, but now it would fetch at least RM300K. If all the lands were fully built 10 years ago, SIMA GROUP would have earn much less than what it can earn out of it today. It is just a very smart strategy employed by SIMA GROUP to maximise the profit from that development land. Something of cos not very smart people like Predator failed to understand

as for Q1 a loss, is a pure speculation from predator. Predator is getting desperate now becuase he knows if people stop selling.. it could only mean GSB shares will be moving up soon and he will be missing the boat.



Take profit now! But coma, how? Gsb going to announce Q1 loss. Cheap sale soon! Bentong project started in 1996 and till today not completed! Hold on here! 16years doing that stupid bentong?

Until today still ongoing? Wow must be ^ bigger project than their competitors(mahsing, spsetia,etc). Bentong project which taking 23yers to complete must be bigger than Iskandar Johore Development!

Wow that a ^ massive job done by GSb! What the value? Divide by 23 years so come to what value per year?

Bentong project which taking 22yers to complete must be bigger than Iskandar Johore Development! Wow that a ^ massive job done by GSb!

Must be stated in the Guniness World record book taking 23 years to complete! Wakakakak!

Barvo! Bravo, Bravo GSb!!
(http://i386.photobucket.com/albums/oo306/MarcusH_photos/th_clap-animated-animation-clap-smiley.gif)   


Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 22, 2011, 03:46:08 PM
To answer predator, please go and read the first few message in this topic... all the data and facts are provided, links to all the source data are also provided. Everyone are free to do their own reading, make your own conclusion. I continue to promote GSB because I know GSB is the best you can find in KLSE based on facts and data, evidence of a very good company is clearly there.

The reason GSB is still so cheap is because it is still well hidden from public investors. Not even a single fund raising activity took place since their takeover of a troubled company SMSUMMIT. A backdoor listing that is so quiet that left un-noticed for such a long time. Best oppurtunity to buy before the discovery... before GSB starts to go agressive in their business.

People may think what is so big deal about a backdoor listing that is left un-noticed ? This is a big deal because this is the backdoor listing of a very significant property developer in the country SIMA GROUP. Please go and read about them.. www.sima.com.my. Just look at them... the innovation and design of the propreties they build, top class they even have a Scholarship programme... just like a blue chip counter.




Buying so-called penny stocks may seem like a bargain. But many of these shares, which are valued at less than 0.20 each, are prone to price manipulation.

Little information publicly available, were normally being hyped on websites and internet to try to influence their share prices.

Reason because a desperate promoter trapped with massive shares of GSb will actually be looking to boost demand for the shares in order to drive up their price and sell them for a profit. But now coma! How? Wakakak!!


So folks, be very careful!
(http://images.zaazu.com/img/loser-animation-animated-loser-smiley-emoticon-000355-large.gif)   


Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 22, 2011, 03:56:23 PM
Of cos there is no free lunch... that is why you need to spend your time to read all the facts and data I provide in the first few message in this topic. Make your own decision... not like Predator, already stupid asking everyone to become stupid like him, he can make conclusions without any facts and data.



THERE IS NO SUCH THING AS A FREE LUNCH - ( Old saying)

Once upon a time, there lived a scammer. He start selects a near-worthless stock and quietly buys up an enormous amount of it. Due to the (deliberately selected) low volume of the stock, his purchases may have even driven the price up a little.

The scammer then posts on forums telling people about this new "hot stock tip" and anyone who bites and buys helps drive the price up even more.

Before too long, even more skeptical people start to think this might be a good tip because they see the stock price going up, so they start to come on board too.

The next thing you know, the scammer sells all his stock for max profit, the bubble bursts and everyone else is left holding shares worth less than they paid for them.

The end!


(http://media.myspacepimper.com/content/gif/cartoon/cartoon_501.gif)




Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 22, 2011, 04:06:07 PM
Predator say I spin... he is caught again doing the spin ( lying ) himself...  my 20sen target everyone knows from day one, I say it very clearly it is by end of this financial year. He is trying to be noble at the same time non-stop lies coming out from his mouth.


Johnspinmaster's ulterior motives and ill-advised promotion (he predicted better 4th Quarter & TP at Rm0.20) were the contributing factors he and others were trapped after GSB announced losses on that particular quarter.

As mentioned earlier, he will spin more due to desperation!  Wakakakak!!

(http://media.bigoo.ws/content/gif/smiles/smiles_67.gif)




Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 22, 2011, 04:11:12 PM
No vol so what ? this is a very good sign ... selling are finally done, people now cannot queue at 10sen to collect anymore, they will have to buy from the sellers queue.


Johnspinmaster has led many sheep to the slaughter house! If the blind lead the blind, both shall fall into a ditch. His foolish action has caused himself and others trapped unneccessary with GSB.

What no volume? Still coma!!! Cal 911.....wakakakakakakakaka!!


Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: viper88 on July 22, 2011, 04:16:38 PM
Still no transaction today, buyer queue is low..
Looks very cold and dry....

Basically since the big selloff till today, i personally feel shouldn't go in or buy at seller price eventhough theres some technical rebound.
My remiser provided tips abt some good newsplay for GSB bfr it was out recently also could not bring in any strong buyers....
Research house also downgraded Property market outlook recently..Mahsing plunge, etcs... example.
The uncertainty is just too much risk for me to play with this counter currently.

For those in GSB ship or plan to go in.... Good luck.  8)



Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 22, 2011, 04:18:22 PM
You finally got it right for once. Time will tell... once GSB starts to release news after news ... dont regret doing this to yourself...  :headbang:


Now at the current price Johnspinmaster is losing on paper and desperately promoting GSB telling others the reason to hold. But the problem put aside what had been announced to bursa, the reasons given by him were either recycle news or merely assumption.

What still no volume meh? Is this going to be permanent or temporary coma? Today trade going to be a new low record for GSb? Time will tell! Wakakakakak!!

(http://media.bigoo.ws/content/gif/smiles/smiles_67.gif)


Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 22, 2011, 04:23:52 PM
The news release that day is incomplete.. no GDV figures yet.  I believe that is not the main news... bigger things will be coming. You must also take note that GSB will be completing all their property projects in both Bentong and Klang Valley. They have yet to launch any projects. There will be projects in Klang Valley and Bentong for sure... all not yet announced.

As for fund raising, GSB has not even once raise funds via KLSE.. sooner or later they will do it and they cannot do it when GSB share price is this cheap... because the amount of money raised depends on the share price.

The easiest and fastest way to move GSB shares up is to do more M&A activities, there is a very high chance that Kelana Parklane may be injected into GSB, which is in line with what SIMA GROUP business plan ( if you visit their website, www.sima.com.my ), Kelana Parklane is the only project among all their current projects that is not under GSB. So very high chance that it will be moved into GSB.

Still no transaction today, buyer queue is low..
Looks very cold and dry....

Basically since the big selloff till today, i personally feel shouldn't go in or buy at seller price eventhough theres some technical rebound.
My remiser provided tips abt some good newsplay for GSB bfr it was out recently also could not bring in any strong buyers....
Research house also downgraded Property market outlook recently..Mahsing plunge, etcs... example.
The uncertainty is just too much risk for me to play with this counter currently.

For those in GSB ship or plan to go in.... Good luck.  8)




Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 22, 2011, 04:25:41 PM
The news release that day is incomplete.. no GDV figures yet.  I believe that is not the main news... bigger things will be coming. You must also take note that GSB will be completing all their property projects in both Bentong and Klang Valley. They have yet to launch any projects. There will be projects in Klang Valley and Bentong for sure... all not yet announced.

As for fund raising, GSB has not even once raise funds via KLSE.. sooner or later they will do it and they cannot do it when GSB share price is this cheap... because the amount of money raised depends on the share price.

The easiest and fastest way to move GSB shares up is to do more M&A activities, there is a very high chance that Kelana Parklane may be injected into GSB, which is in line with what SIMA GROUP business plan ( if you visit their website, www.sima.com.my ), Kelana Parklane is the only project among all their current projects that is not under GSB. So very high chance that it will be moved into GSB.


even the latest JV project in Kelana Jaya is also being placed under GSB and not under any other SIMA GROUP subsidiary, so very likely Kelana Parklane will be moved into GSB.

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: viper88 on July 22, 2011, 04:42:04 PM
My point is, i feel its not the right time or suitable for me to invest in GSB currently.
Maybe in the future when theres more +ve or convincing movement.. i might consider.

The news release that day is incomplete.. no GDV figures yet.  I believe that is not the main news... bigger things will be coming. You must also take note that GSB will be completing all their property projects in both Bentong and Klang Valley. They have yet to launch any projects. There will be projects in Klang Valley and Bentong for sure... all not yet announced.

As for fund raising, GSB has not even once raise funds via KLSE.. sooner or later they will do it and they cannot do it when GSB share price is this cheap... because the amount of money raised depends on the share price.

The easiest and fastest way to move GSB shares up is to do more M&A activities, there is a very high chance that Kelana Parklane may be injected into GSB, which is in line with what SIMA GROUP business plan ( if you visit their website, www.sima.com.my ), Kelana Parklane is the only project among all their current projects that is not under GSB. So very high chance that it will be moved into GSB.

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 22, 2011, 04:45:12 PM
My point is, i feel its not the right time or suitable for me to invest in GSB currently.
Maybe in the future when theres more +ve or convincing movement.. i might consider.


When it is convincing, it will be too late already. It will be very much higher than this. When penny stocks as cheap as this comes out with a significant M&A news, it will move like a bullet train at full speed... it will be impossible to chase.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 22, 2011, 04:51:19 PM
10sen also cannot get, you want to get at 7.5sen ah ?

Believe or not is up to you.. dont have to listen to me ... just use your own judgement, read the first few message in this topic and ask yourself, will this company be a future KLSE star ? will it stay below 20sen with so much potential, with all the evidence that I have shown... I am sure it is enough for you to see the future of this company.


Best buy below 0.075 while good sell below 0.11! For the time being just a little old news that have been hyped up unneccessarily!

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: viper88 on July 22, 2011, 04:56:04 PM
I agree... but currently i aim at other penny stocks which have good vol and good profit prospect.
Property sector already hit high recently and GSB prospect doesnt fit my short-mid term investment plans.

I'm not against ppl who wants to invest in GSB.. just make sure have own investment plan and profit strategy.

When it is convincing, it will be too late already. It will be very much higher than this. When penny stocks as cheap as this comes out with a significant M&A news, it will move like a bullet train at full speed... it will be impossible to chase.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: sens on July 22, 2011, 04:59:51 PM

If Johnspinmaster is a sincere and trustworthy person, at this cheaper price he should be happy able to collect more because of his higher TP and positive  assumption on GSB future endeavor.

But wait why is he not collecting when he telling everybody that its so cheap now? His didn't practice what he preach?

What still coma? Wakakakakakak!!

(http://images.zaazu.com/img/The-Devil-devil-fire-monster-smiley-emoticon-000833-large.gif)



*......can you work harder ah.... few version already la talk on this..... still cant drop the price.... go to hell la...



Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 22, 2011, 05:02:18 PM
Yep.. I am also not forcing anyone to buy GSB.. I simply enjoy promoting GSB and once GSB hit above 20sen... I will surely have that damm good feeling, alot of people will come out and thank me :) ... and I watch people like Predator speechless, cant wait to see their reaction :)

I agree... but currently i aim at other penny stocks which have good vol and good profit prospect.
Property sector already hit high recently and GSB prospect doesnt fit my short-mid term investment plans.

I'm not against ppl who wants to invest in GSB.. just make sure have own investment plan and profit strategy.

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 22, 2011, 05:07:37 PM
Confirmed No more desperate sellers... ZERO VOL FOR GSB today!!! Tomorrow onwards, buyer cannot queue at 10sen to buy anymore, they will have to buy from sellers queue. Its time for GSB to move up again, time is also ripe for GSB to release some good news to give GSB a boost.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: viper88 on July 23, 2011, 10:57:58 AM
ZERO vol .. is also not a good sign especially for Penny stock.
Something is just not right currently.

Sentiment for this counter is at low lvl.
Buyers no confident to buy.
Price not attractive ..
Not popular counter..

Season players will join in only when theres the stock is very attractive low price and +ve strong sign to go up...

Eg. OSKProp. Also known as the Black Horse.  :cash: 

2ys back about 0.25 sen..
Now 0.875 sen.

(http://imageshack.us/photo/my-images/832/oskprop.jpg/)

http://www.~.com.my/charts.pl?id=6661&action=charts_history

Buy when theres good sign or +ve outlook.

Confirmed No more desperate sellers... ZERO VOL FOR GSB today!!! Tomorrow onwards, buyer cannot queue at 10sen to buy anymore, they will have to buy from sellers queue. Its time for GSB to move up again, time is also ripe for GSB to release some good news to give GSB a boost.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 23, 2011, 02:15:28 PM
ZERO vol in a good sentiment market is bad, but ZERO vol in a bad sentiment market is good sign. Because when sentiment is bad, surely there will be some people selling because scare will drop further. No selling means people are not afraid to hold on to GSB. Bigger players with tens of millions of GSB shares could have dispose some to play safe, but they choose to hold on to it.. why ? normally these people are in touch with insiders... for a company like GSB, still at its infant stage.. still undergoing transformation, surely have plenty of news that are yet to be released.

ZERO vol .. is also not a good sign especially for Penny stock.
Something is just not right currently.

Sentiment for this counter is at low lvl.
Buyers no confident to buy.
Price not attractive ..
Not popular counter..

Season players will join in only when theres the stock is very attractive low price and +ve strong sign to go up...

Eg. OSKProp. Also known as the Black Horse.  :cash: 

2ys back about 0.25 sen..
Now 0.875 sen.

(http://imageshack.us/photo/my-images/832/oskprop.jpg/)

http://www.~.com.my/charts.pl?id=6661&action=charts_history

Buy when theres good sign or +ve outlook.

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Parti 1Malaysia on July 23, 2011, 02:42:31 PM
ZERO vol in a good sentiment market is bad, but ZERO vol in a bad sentiment market is good sign. Because when sentiment is bad, surely there will be some people selling because scare will drop further. No selling means people are not afraid to hold on to GSB. Bigger players with tens of millions of GSB shares could have dispose some to play safe, but they choose to hold on to it.. why ? normally these people are in touch with insiders... for a company like GSB, still at its infant stage.. still undergoing transformation, surely have plenty of news that are yet to be released.


You are right!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: viper88 on July 23, 2011, 02:50:07 PM
tats is also why no 1 wants to buy at seller price also bcoz its current situation is still unclear..
dont catch the falling knife applies here.

tbe big players holding millions of shares also not willing to buy in more at current price.
small players want to go in? unless they r willing to take high risk or very confident  of the situation den its their own choice.

ZERO vol in a good sentiment market is bad, but ZERO vol in a bad sentiment market is good sign. Because when sentiment is bad, surely there will be some people selling because scare will drop further. No selling means people are not afraid to hold on to GSB. Bigger players with tens of millions of GSB shares could have dispose some to play safe, but they choose to hold on to it.. why ? normally these people are in touch with insiders... for a company like GSB, still at its infant stage.. still undergoing transformation, surely have plenty of news that are yet to be released.

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: seongneoh on July 23, 2011, 05:03:27 PM
 :thumbsup:

Hi John,
U have done a good job :thumbsup:
I appreciate your effort n information sharing.

Can i ask what it is TP,i m sure u have a reliable answer.
Wish u can share it. Dont botter those whose #### on your..that is normal. :clap:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: TintoRose on July 23, 2011, 05:57:37 PM
:thumbsup:

Hi John,
U have done a good job :thumbsup:
I appreciate your effort n information sharing.

Can i ask what it is TP,i m sure u have a reliable answer.
Wish u can share it. Dont botter those whose **** on your..that is normal. :clap:

Many times, JM has mentioned his TP from V1 till V9....any reason why u need a reconfirmation?
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: seongneoh on July 23, 2011, 06:28:52 PM
sorry, Trose,
i m a new member..can i ask what is v1 n v9..
thank you.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: TintoRose on July 23, 2011, 06:41:22 PM
sorry, Trose,
i m a new member..can i ask what is v1 n v9..
thank you.

v stands for version. The version we are in now is V9. Can u see at the top? Remember V stands for Version not Vomit blood.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: TintoRose on July 23, 2011, 06:45:04 PM

v stands for version. The version we are in now is V9. Can u see at the top? Remember V stands for Version not Vomit blood.
Tonite, if you aren't able to sleep, try reading V1 till V9. If you want a concise and updated view of GSB, read pg 1 of V9.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: seongneoh on July 23, 2011, 06:48:55 PM
 :P
 Wah lao..so much too read..anyway thank you ,Rose!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: TintoRose on July 23, 2011, 06:56:19 PM
:P
 Wah lao..so much too read..anyway thank you ,Rose!
You are most welcome...if you still have problem finding out JM's TP after reading V1till V9, do let forumers know... We will guide you to search for the answer.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: tajudinhelmikari on July 23, 2011, 08:18:07 PM
You are most welcome...if you still have problem finding out JM's TP after reading V1till V9, do let forumers know... We will guide you to search for the answer.

Good to teach newbie how to catch fish :D :D
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: TintoRose on July 23, 2011, 11:08:18 PM
:P
 Wah lao..so much too read..anyway thank you ,Rose!
once you found out the TP, you put to forumers whether the TP is realistic...you would trigger another war of words on Monday. :D
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 24, 2011, 02:38:19 AM
tats is also why no 1 wants to buy at seller price also bcoz its current situation is still unclear..
dont catch the falling knife applies here.

tbe big players holding millions of shares also not willing to buy in more at current price.
small players want to go in? unless they r willing to take high risk or very confident  of the situation den its their own choice.


If you already have of millions shares, will you be in a hurry to buy more ? they just queue there and accumulate slowly lah, dont get extra also nevermind because already have so much already.

It is those who dont know much about GSB that are not buying from the sellers. Some players are still hoping for it to fall to collect because market sentiment ( local market ) is not very good at the moment.

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 24, 2011, 03:14:25 AM
sorry, Trose,
i m a new member..can i ask what is v1 n v9..
thank you.

You can ignore the older version.. just like Microsoft Windows, normally after you install the new version, you dont look at the older version anymore. I have many version because the older version were rendered unreadable by some individuals that are trying hard to prevent people from disovering GSB.

To know more about GSB, like Trose has said, the first few message in this V9 topic will give you my entire thoughts on GSB. Source data are also provided... you can to and dig out the info to do your own analysis. As for my target price... I am very confident that GSB will hit 20sen by end of this financial year or it might come much earlier.

Why 20sen ? I am making that predition with an assumption that GSB will make at least RM8 million profit for this financial year, if GSB can make RM8 million. At 20sen, GSB  PE will be 10x since GSB only have 400 million shares. For a strong and fast growing counter like GSB ( 4 years of non-stop double and tripple digit growth ), PE 10x will be very very attractive, even PE 20x will still be very attractive.

Question is, can RM8 million be achieved ? You do your own math. RM4.4 million for hotel sales is already secured. 2 property projects will surely complete within this financial year ( Laman Ara Utama 44 units and Courtyard Villa @ Bentong 54 units ). Trouble is I am not sure how much more money will come in from the two projects... I believe they will be significant.

We are still in the 1st quartet of this financial year. Apart from that 2 projects ( launched in 2009 ), GSB has yet to launch any new projects. Since both projects are completing, I am sure they will be launching something new to replace the completing projects and that will surely bring some income into the company as well since projects by SIMA GROUP are ussually high in demand because of the innovation and high quality. So, new projects plus RM4.4 milllon plus profit from 2 completing projects... should be able to bring in that RM 8 milllion profit.

Unfortunately until today, still no news of new projects and that is puzzling me. The have plenty of cash, RM16 million vs RN2.455 million cash. Very unlikely they cannot launch any new projects... so that gives me another suspision. They might be slowing their activities down for M&A ( Merger and Acquisition ) activities. I am hoping for SIMA GROUP to inject that highly popular Kelana Parklane into GSB because that will be inline with what SIMA GROUP is doing now. Banda Industries Sdn Bhd in Bentong, a core property unit inside SIMA GROUP has already been transferred into GSB. It seems like GSB is handling any new property development projects in SIMA GROUP except for Kelana Parklane. Newly won JV project with another company in Kelana Jaya is also given to GSB. So, if Kelana Parklane is transferred into GSB, we dont even need to wait for financial year end for 20sen, it will shoot past 20sen immediately.

Apart from financial results, as we all know any company who are listed in KLSE will surely make use of their listing status, that is to raise fund for growth. GSB has never raise funds before, not even once.. not IPO not during their backdoor listing. They have never raise a single sen from KLSE from day 1.

If they dont raise money from KLSE, then why are they inside KLSE for ? Surely sooner or later they must raise funds to fuel their growth. The amount of funds that can be raised from KLSE depends on the share price. GSB cannot raise much funds if their share price remains as low as 10sen, therefore they must bave sufficient good news and catalyst to boost GSB share price to higher grounds and able to sustain it there before they can comfortably raise funds via KLSE to fuel their growth. The current situation of slow business activities suggest to me that something big must be must be going on internally before news is being released.

GSB has already done a good job to show their strong growth ( proven over 4 years ), high quality of the properties they build, capabilities and commitmment of thier management team and a very strong financial position. From that point of view, GSB shares must be higher than 20sen also before they can raise any meaningful amount of money from KLSE.


Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: viper88 on July 24, 2011, 02:39:33 PM
Yes, if the price is attractive to me and theres good +ve buy sign.

There is no such thing as too much stock in hand and accumulate slowly for the big players if they know the company stock have good potential to go up in the
"near future". For them the price is not much of a issue..once its drop to a low, they wont hesitate to buy it up.. unless they also find its not the right time yet to buy due to uncertainty or weak prospect outlook.

If you already have of millions shares, will you be in a hurry to buy more ? they just queue there and accumulate slowly lah, dont get extra also nevermind because already have so much already.

It is those who dont know much about GSB that are not buying from the sellers. Some players are still hoping for it to fall to collect because market sentiment ( local market ) is not very good at the moment.


Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: tips2earn on July 24, 2011, 09:00:11 PM
wowlauya, GSB no transaction this forum also no posting? ? ? :speechless: :speechless: :speechless: :speechless: :speechless:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 25, 2011, 10:10:23 AM
I believe I have done enough to promote GSB, those who are still selling I have nothing more I can say to them. They risk taking out money from a prefectly safe counter which will easily give them 100% gain in less than 1 year and potentially a fortune, if they can keep longer.

All that I have to say about GSB has been said... unless lies being spread about GSB again or discovery of new exciting stuff in GSB, I will slow down my promotion to relax abit while waiting for my fortune to grow inside GSB.

it is now up to GSB management when they want to start releasing all those good news. Lets hope they released it fast while the iron is still hot.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: beginner2 on July 25, 2011, 11:59:35 AM
JM u are right
some one is supporting at 10 cts ler
never let it fall
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 25, 2011, 12:08:47 PM
JM u are right
some one is supporting at 10 cts ler
never let it fall

of cos lah.. a very quiet collection is going on. As long as got people sell at buyer, it will be collected at 10sen, it is so obvious already. Just now seller sells until no more 10sen, suddenly come another 2000 lots buyer queue at 10sen. Why someone is collecting GSB shares ? That is the interesting part... because GSB has yet to officially launch any projects while all their properties projects will be completing within this few month. Some is definately coming... the management and workers will not sit there all day in office and do nothing.

They are just waiting for the right moment to release the news... the longer it is delayed, the bigger it will be. Simple news takes shorter time to prepare... bigger news takes more time to prepare. I am hoping for an M&A news because some people complain Kelana Parklane is moving slowly, so very good chance both sides are slowing down their activities for M&A activities and hopefully Kelana Parklane will be moved into GSB. They cannot delay it for very long also... because if they continue to delay, project schedule might be affected. It wont be very long now.


Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 25, 2011, 12:10:49 PM
From the way that GSB shares is being collected, I believe it is preparing to for a big rally in GSB. Insiders will surely collect first, strangely they wont let it fall below 10sen also because they need it to stay there for a big rally without spoiling the sentiment.

of cos lah.. a very quiet collection is going on. As long as got people sell at buyer, it will be collected at 10sen, it is so obvious already. Just now seller sells until no more 10sen, suddenly come another 2000 lots buyer queue at 10sen. Why someone is collecting GSB shares ? That is the interesting part... because GSB has yet to officially launch any projects while all their properties projects will be completing within this few month. Some is definately coming... the management and workers will not sit there all day in office and do nothing.

They are just waiting for the right moment to release the news... the longer it is delayed, the bigger it will be. Simple news takes shorter time to prepare... bigger news takes more time to prepare. I am hoping for an M&A news because some people complain Kelana Parklane is moving slowly, so very good chance both sides are slowing down their activities for M&A activities and hopefully Kelana Parklane will be moved into GSB. They cannot delay it for very long also... because if they continue to delay, project schedule might be affected. It wont be very long now.



Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 25, 2011, 12:18:53 PM
Unlike many penny stocks, GSB has real solid business with a massive growth potential, SIMA GROUP.


A poor quality stocks - maybe will disappear from the boards in one way or another.

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: ♂ M®. 1 MÎLLÌØÑ ™ ♂ on July 25, 2011, 12:24:46 PM
JM u are right
some one is supporting at 10 cts ler
never let it fall
jm is the 1 behind there supporting :D :D :D :D :D :D
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 25, 2011, 12:42:05 PM
Of cos money they make from Hotel Sales are meant to be used to generate more money in the future lah. What do you expect them to do with the money then ? keep in the FD and look nice ? That hotel assets is just an investment, they build... hold it for some time.. then sell it for profits, to me it looks like just another property transaction.

GSB get that hotel unit plus 3 more piece of land ( 2 in Kedah and 1 in Bentong ) for about RM10 million... hotel alone is sold for RM22 million, GSB got nothing to lose but only gains. GSB is a property developer, not a hotel operator. Selling hotel unit for profits and also cash to be used to generate more money is a very normal thing to do.


Solid business? Wakakakakakak!! Ya right! selling of hotel to generate cash flow. The hotel profit will be eaten by the ongiong expenses.

So this Q1 a loss!  Wakakakakakakak!!


Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 25, 2011, 12:49:12 PM
... and this is not the first day SIMA GROUP is in the property development business, they have been in this industry for not 4 years BUT 40 years... with that kind of experience, they will know the industry, buyers expectations... inside out. Just go to their website www.sima.com.my and take a good study on their house plan... every damm single details are so well taken care of. That is why their properties are always in demand. GSB is now SIMA GROUP...  this is not a hype-up story, GSB is REAL, SIMA GROUP is REAL... the houses they build are also REAL. This is the REAL DEAL. 10sen only.. MY GOD!!! you people still need to think ?


Of cos money they make from Hotel Sales are meant to be used to generate more money in the future lah. What do you expect them to do with the money then ? keep in the FD and look nice ? That hotel assets is just an investment, they build... hold it for some time.. then sell it for profits, to me it looks like just another property transaction.

GSB get that hotel unit plus 3 more piece of land ( 2 in Kedah and 1 in Bentong ) for about RM10 million... hotel alone is sold for RM22 million, GSB got nothing to lose but only gains. GSB is a property developer, not a hotel operator. Selling hotel unit for profits and also cash to be used to generate more money is a very normal thing to do.

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 25, 2011, 12:59:57 PM
... and this is not the first day SIMA GROUP is in the property development business, they have been in this industry for not 4 years BUT 40 years... with that kind of experience, they will know the industry, buyers expectations... inside out. Just go to their website www.sima.com.my and take a good study on their house plan... every damm single details are so well taken care of. That is why their properties are always in demand. GSB is now SIMA GROUP...  this is not a hype-up story, GSB is REAL, SIMA GROUP is REAL... the houses they build are also REAL. This is the REAL DEAL. 10sen only.. MY GOD!!! you people still need to think ?



and also a management team that we can trust. It has been proven by the fact that landowners are willing to hand over their prime lands worth tens or hundreds of million over to SIMA GROUP in the past and also in the present times. Even within GSB itself, the management team has proven fully commmited to GSB... they go and decrease their own pay from RM637K ( in 2007 ) to only RM282K ( in 2010 ) for the sake of the company. A very very rare display of commitment by the management team towards the company ( GSB )... and also proven that they have yet to raise a single sen from KLSE/shareholders even after 4 years operating, not from IPO, not from their backdoor listing... they just make use of whatever that is available to turn around the company and put the comapny i8nto a very very strong financial positon. Amazing show of commitment and capabilities by the management team.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: ♂ M®. 1 MÎLLÌØÑ ™ ♂ on July 25, 2011, 02:36:48 PM
Despite Predator's best efforts (lies, more lies and even more lies) and the general market's weak sentiment, GSB refuses to fall.

He may be acting like it is not affecting him but by his increasingly desperate repeat posts, it is easy to conclude that it hurts, and hurts badly.

I can feel your pain, Predator.
hey,do u all think b4?....erm,if insider wan to collect?y dun they collect it cheaper,let it fall 1st..y there is some1 supporting the price?...who is supporting?...r they really insider?....and etc.... :D :D :D...happy thinking..
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: beginner2 on July 25, 2011, 02:48:27 PM
hey,do u all think b4?....erm,if insider wan to collect?y dun they collect it cheaper,let it fall 1st..y there is some1 supporting the price?...who is supporting?...r they really insider?....and etc.... :D :D :D...happy thinking..

good point
or may be insider desperate?
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: sockz on July 25, 2011, 02:55:56 PM
or could be just simply there are people with interest on GSB coincidentally buying at 10cents...lol...sometimes we over complicate simple thing :D :D :D

good point
or may be insider desperate?
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: viper88 on July 25, 2011, 02:56:21 PM
One good example to see +ve strong buy sign is LBS.
http://www.~.com.my/charts.pl?id=5789&action=charts_history

Recent high
94 sen

Recent drop
75 sen

Rebound.
89 sen

Sellers push down price... till 75sen... once hit support lvl and have buying vol coming back.. its price rebound up high to 89 sen.

If no +ve buying vols...things are still uncertain.
hey,do u all think b4?....erm,if insider wan to collect?y dun they collect it cheaper,let it fall 1st..y there is some1 supporting the price?...who is supporting?...r they really insider?....and etc.... :D :D :D...happy thinking..
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: anyway on July 25, 2011, 03:19:21 PM
Which counter did JM promote previously?
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 25, 2011, 03:47:28 PM

Q1 will be losing loh!

Sima after 16 years not able to complete the problematic Bentong project which started in year 1996.

Sell to GSb loh and reschedule another 7 years. Sima & Gsb same people loh.


Predator claims of SIMA GROUP reschedule project for 7 years is a lie...

Please go and check the Banda Industries Sdn Bhd Acquisition.

http://announcements.bursamalaysia.com/EDMS/annweb.nsf/LsvAllByID/482568AD00295D0748257603003042BD?OpenDocument

Open the PDF file, look at page 7 of that document. That Project is orginally scheduled to start in 1996 and complete in 2018. At first I find it strange also then later think abit, it makes sense... they purposely do it that way, get approval first the longer period the better, then take their time slowly build. As an experienced developer they know that the future phase will get better selling price as project site becomes more mature. If they complete everything earlier, then they would have make less money from the project. Since they still have 5 more phase to go, means the remaining 5 phase will sell at much much higher price compared to the older phase... because house are more expensive now compared to last time. Very smart strategy by SIMA GROUP, they even thought of it in 1996. That is what experience is all about.

Predator claims that SIMA GROUP are not capable to complete projects at a fast pace is totally rubbish. Please read this article by The Edge.

http://www.theedgemalaysia.com/property/175417-city-a-country-sima-group-banks-on-sincerity-to-grow.html

"One the company’s most significant projects thus far is Universiti Utara Malaysia (UUM) in Kedah. “When we took over the [abandoned] project, UUM was only 35% completed and we needed to revive and complete it within four months. Although it was challenging, we managed to complete UUM in slightly under four months,” says Andrea Gan, Seng Biang’s daughter. UUM was completed in September 1990."

SIMA GROUP complete 65% of an abandoned university project in just 4 month!!! If you use that as a benchmark, which also means SIMA GROUP is capable of completing an entire University in less than 8 month!!!

Bentong type of project, if they wanted anytime also can complete, they purposely do it that way so that they can make more money out of it. That is how experienced developer plan their projects... no wonder they are able to survive for 40 years and 3 major economic crisis as a private company without asking a single sen from external investors.

Now is the time for SIMA GROUP to grow... that is why they are listed via GSB. Be prepare to witness a major property player rising in KLSE anytime now.


Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Tommy on July 25, 2011, 03:49:50 PM
say up , saw down ..

but still not moving ...
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 25, 2011, 03:52:42 PM
hey,do u all think b4?....erm,if insider wan to collect?y dun they collect it cheaper,let it fall 1st..y there is some1 supporting the price?...who is supporting?...r they really insider?....and etc.... :D :D :D...happy thinking..


they cannot let if fall also.. if GSB fall more, confidence may be damaged and it will make it harder for GSB share price to go up next time. When GSB starts to release news, it will surely rally... and they want it to start from 10sen so that GSB share price can form a new bottom at higher price. Eventually GSB will need to raise funds via KLSE... they need GSB share price to go higher because the amount of money that GSB can raise from KLSE depends on its share price. The higher share price, the more money they can raise.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 25, 2011, 03:55:32 PM
say up , saw down ..

but still not moving ...

Don't worry... eventually it will go up because they cannot stop news from coming out. Once news starts to roll out... GSB will be un-stoppable.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 25, 2011, 04:00:59 PM
Remember, GSB is no ordinary penny stock, this is a very high class privately held property player SIMA GROUP, which did a very quiet backdoor lising via GSB. Still well hidden inside KLSE and left un-noticed. Sooner or later it will be discovered.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Tommy on July 25, 2011, 04:02:20 PM
hate to tell you this...

the word "eventually" is getting a little tiresome ...

ok hoping for the best.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 25, 2011, 04:06:52 PM
hate to tell you this...

the word "eventually" is getting a little tiresome ...

ok hoping for the best.


Wont be very long already.. all their property projects are completing in 1 or 2 month time. They must launch project to replace those completed projects because GSB has a very strong financial condition at the moment, Cash on Hand is more than 6 times larger than their bank borrowings and at the same time they have yet to raise a single sen from KLSE since day 1 of their listing. They more they are delaying their new project announcement the more chances that M&A with SIMA GROUP may be coming soon. The most exciting one will be the Kelana Parklane Project being injected into GSB... because that project is reported to be slowing down as well.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 25, 2011, 04:41:38 PM
They choose not to be listed back then, it is their choice. But now they are listed via GSB, things will be different now. They can now go big scale because they are no longer limited by being a private company.

Taman Bentong Makmur is not 36 acres it is 110 acres. 74 acres completed and sold out, means 36 acres is balance from last time. Still have Riverville project 20.6 acres development and JV project in Bentong 52acres. Which means they still have more than 100acres of land to build in Bentong prime location. These projects are there just as a foundation.

Bentong is just the starting point, they will be getting more projects in Klang Valley. Real action has not really started yet.



Sima 40 years of stupid experience.

-Should be a listed 35 years back

-By now should be with massive cheaper land bank!

-Sima not able to complete the problematic Bentong (36acres only) project after 16 years. Sell project to GSb and out of the 36acres, 9 acres still under "Agriculture land". How to start?

Con man loh!

       (http://multiply.com/mu/notfallingapart/image/2:commentgraphics/photos/2577/1200x120/53/frogLOL11.gif?et=sNIRVzjclREPWUerlEqqhQ&nmid=327026112)





Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 25, 2011, 04:52:48 PM
There is no proof SIMA has taken any cash out of GSB... besides GSB ( formally SMSUMMIT ) where got money to be taken by SIMA GROUP. IF SIMA GROUP did not come in to take over SMSUMMIT, SMSUMMIT would have bankrupt and delisted already by now. SMSUMMIT shareholders were very-very lucky that SIMA GROUP comes in. Until today since 2008, GSB has yet to asked for a single sen from the shareholders.

1. Project is not problematic.. if problematic will they be able to sell all their phases ? They sceduled it such a long period of time is on purpose, get approval first , slowly build let area mature and later phase can sell for higher price and at the same time also no need to worry cannot get approval in the future for development in that area.

2. Untenanted hotel before sales is a very honorable and responsible acts by the GSB management team. If they want, they could have continue to rent out, but they choose not to rent it out. So that they will not cause any troubles to tenants and also buyer.  


By year 2008, Sima & GSB are the same people. Sima injected assets into GSB and cash was taken out of GSB.

Assets injected:

1. Problematic Bentong project (36 acres only minus 9 acres still under agriculture land) which Sima was not able to complete after 16 years.

2.The hotel which Sima knew going to be untenanted after June 2010. 

So folks, how? Not con man meh?


Wakakakakakakakakak!!





Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 25, 2011, 04:54:51 PM
Before SIMA GROUP took over SMSUMMIT, yes, it was insolvent... but after SIMA GROUP took over, now renamed GSB.. it is no longer insolvent. It has cash on hand more than 6 times larger than bank borrowings. SMSUMMIT has been rescued by SIMA GROUP :) excellent management team now runing GSB ( formally known as SMSUMMIT )


Soon GSb has a huge problem with their cash flow. It is actually insolvent. With the blessing of the banks and the creditors, GSB was given the time to turn around.

Wah like that meh? wakakakakakak!! Con man loh!
 

(http://images.zaazu.com/img/loser-animation-animated-loser-smiley-emoticon-000355-large.gif)   



Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 25, 2011, 04:55:54 PM
you see, the more people try to find faults with GSB and SIMA GROUP... the better it becomes.

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: hbmil on July 25, 2011, 08:26:27 PM
Latest Announcement:

Type:      Announcement
Subject:       OTHERS
Description:  PROPOSED JOINT VENTURE BETWEEN GSB SUMMIT DEVELOPMENT SDN BHD AND PROJECTS START SDN BHD

Announcement Details/Table Section :

We refer to our announcement dated 29 June 2011 on the proposed joint venture between the Company's subsidiary, GSB Summit Development Sdn Bhd and Projects Start Sdn Bhd ("Proposed JV"). Further thereto, the Company wishes to announce that the conditions precedent as contained in the agreement on the Proposed JV have all been fulfilled and accordingly, the Proposed JV is now unconditional.

This announcement is dated 25 July 2011.


Tomorrow huat huat liao... :cash: :cash: :cash:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on July 25, 2011, 08:41:46 PM
Latest Announcement:

Type:      Announcement
Subject:       OTHERS
Description:  PROPOSED JOINT VENTURE BETWEEN GSB SUMMIT DEVELOPMENT SDN BHD AND PROJECTS START SDN BHD

Announcement Details/Table Section :

We refer to our announcement dated 29 June 2011 on the proposed joint venture between the Company's subsidiary, GSB Summit Development Sdn Bhd and Projects Start Sdn Bhd ("Proposed JV"). Further thereto, the Company wishes to announce that the conditions precedent as contained in the agreement on the Proposed JV have all been fulfilled and accordingly, the Proposed JV is now unconditional.

This announcement is dated 25 July 2011.


Tomorrow huat huat liao... :cash: :cash: :cash:

Raider really tak boleh tahan loh...!
 Brady chicken loh...!
Want to promote n say hot.....also hide under a new id loh...!
Come out n shout kuat kuat mah....! Don be a * loh....!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: hbmil on July 25, 2011, 08:49:24 PM
Raider really tak boleh tahan loh...!
 Brady chicken loh...!
Want to promote n say hot.....also hide under a new id loh...!
Come out n shout kuat kuat mah....! Don be a * loh....!


I'm a new comer just come across this forum...not pretend anyone..ok!!!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 25, 2011, 09:05:51 PM
I'm a new comer just come across this forum...not pretend anyone..ok!!!

dont worry about Stockraider... he is just habitual liar ( caught lying over and over again ), nothing he wrote should be taken seriously. It was very unfortunate that he manage to con quite alot of people from this forum in the past. 
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 25, 2011, 09:10:17 PM
Wow!!! looks like someone manage to grab the new GSB announcement faster than me :)  Looks like this project will be coming live real soon.

Latest Announcement:

Type:      Announcement
Subject:       OTHERS
Description:  PROPOSED JOINT VENTURE BETWEEN GSB SUMMIT DEVELOPMENT SDN BHD AND PROJECTS START SDN BHD

Announcement Details/Table Section :

We refer to our announcement dated 29 June 2011 on the proposed joint venture between the Company's subsidiary, GSB Summit Development Sdn Bhd and Projects Start Sdn Bhd ("Proposed JV"). Further thereto, the Company wishes to announce that the conditions precedent as contained in the agreement on the Proposed JV have all been fulfilled and accordingly, the Proposed JV is now unconditional.

This announcement is dated 25 July 2011.


Tomorrow huat huat liao... :cash: :cash: :cash:

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Oly Shyte on July 25, 2011, 09:14:17 PM
dont worry about Stockraider... he is just habitual liar ( caught lying over and over again ), nothing he wrote should be taken seriously. It was very unfortunate that he manage to con quite alot of people from this forum in the past. 
OLD TOWN become GHOST TOWN di ahh?  :giggle:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Guesst on July 25, 2011, 09:14:31 PM
Yeah... GSB go go go.. Make  raider and predator have headache with envy!!! :clap: :clap: :clap:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 25, 2011, 09:17:39 PM
Yeah... GSB go go go.. Make  raider and predator have headache with envy!!! :clap: :clap: :clap:

More announcement is yet to come.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: tips2earn on July 25, 2011, 11:55:43 PM
Latest Announcement:

Type:      Announcement
Subject:       OTHERS
Description:  PROPOSED JOINT VENTURE BETWEEN GSB SUMMIT DEVELOPMENT SDN BHD AND PROJECTS START SDN BHD

Announcement Details/Table Section :

We refer to our announcement dated 29 June 2011 on the proposed joint venture between the Company's subsidiary, GSB Summit Development Sdn Bhd and Projects Start Sdn Bhd ("Proposed JV"). Further thereto, the Company wishes to announce that the conditions precedent as contained in the agreement on the Proposed JV have all been fulfilled and accordingly, the Proposed JV is now unconditional.

This announcement is dated 25 July 2011.


Tomorrow huat huat liao... :cash: :cash: :cash:



Tomorrow can up ??? 8) 8) 8) 8)
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Parti 1Malaysia on July 25, 2011, 11:58:44 PM
Wow!!! looks like someone manage to grab the new GSB announcement faster than me :)  Looks like this project will be coming live real soon.


Look like this is an interesting game here.
What do you expect from this?
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 12:54:52 AM
Look like this is an interesting game here.
What do you expect from this?

Actually this is not the news I am waiting for... I am waiting for bigger ones :)
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: viper88 on July 26, 2011, 09:00:58 AM
From the low vol buyers que below seller price... seems still stuck.
The previous news out also no impact on the price... now the current latest news also dont seems to have much strong force to push up the price..
seems only small players playing .... big players all gone missing.


Tomorrow can up ??? 8) 8) 8) 8)
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 09:07:04 AM
Not yet, they are still accumulating, GSB just release some small news as a indicator to all of you that GSB is still as solid a a rock. IF GSB is in trouble, will landowner still proceed with the JV project with them ? That JV project is now confirmed already, now only wait for the value and type of properties they are going to build. It will be starting soon... should start in this financial year and that will at least contribute a little bit to this financial year, so my target RM8 million profit for this year can be easily achievable and my 20sen target will also be achieved within this financial year.

Apart from this news, there will be other more exciting news. Especially the juicy Kelana Parklane, I am hoping they inject that into GSB and immediately 20sen target will be achieved.


From the low vol buyers que below seller price... seems still stuck.
The previous news out also no impact on the price... now the current latest news also dont seems to have much strong force to push up the price..
seems only small players playing .... big players all gone missing.

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: viper88 on July 26, 2011, 09:11:28 AM
The buying vol is very low past few weeks already and hit 0 vol transaction last week... obviously theres no accumulation by the big players.
Only small player are playing because the vol is very thin.

Not yet, they are still accumulating, GSB just release some small news as a indicator to all of you that GSB is still as solid a a rock. IF GSB is in trouble, will landowner still proceed with the JV project with them ? That JV project is now confirmed already, now only wait for the value and type of properties they are going to build. It will be starting soon... should start in this financial year and that will at least contribute a little bit to this financial year, so my target RM8 million profit for this year can be easily achievable and my 20sen target will also be achieved within this financial year.

Apart from this news, there will be other more exciting news. Especially the juicy Kelana Parklane, I am hoping they inject that into GSB and immediately 20sen target will be achieved.


Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 09:15:06 AM
The buying vol is very low past few weeks already and hit 0 vol transaction last week... obviously theres no accumulation by the big players.
Only small player are playing because the vol is very thin.


Small players are not interested in this type of counter, small players likes to risk lose money by playing hot counters out there ( high vol counters ). Small players was selling GSB shares while big players / insiders just put buy queue at 10sen to collect. 
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 09:16:12 AM
Small players will only be back chasing GSB after it hit past 20sen... that is how small players play shares.

Small players are not interested in this type of counter, small players likes to risk lose money by playing hot counters out there ( high vol counters ). Small players was selling GSB shares while big players / insiders just put buy queue at 10sen to collect. 
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 09:27:26 AM
Not old news lah, this is confirmation of that project. Look at latexx, suddenly Merget with YTY cancelled. But GSB confirmed their JV project. This is what we called keeping investors informed... this is just a warning to all of you not to sell your GSB shares because more is to come from GSB. They are not done with just this project, there are more to come. IF GSB is not planing to go big next time and be a major player in KLSE, they could not even be bothered with all these small detail news.



Stupid & inefficient Sima management loh! That announcement old news loh!

Only know to make profit by selling hotel loh and use the proceeds to pay bank borrowings, long sufferring creditors, salaries & balance for the JV loh. They don,t care about the minority shareholders loh. Should use the proceed to pay dividen also loh! Stupid!

Where got profit one! Q1 a loss loh!

 



Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Cals on July 26, 2011, 09:28:51 AM
 :P happy morning traders
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: viper88 on July 26, 2011, 09:37:23 AM
Even with few +ve news out recently, theres not much vol transactions.
Big players or insiders should know something in advance and buy earlier prior to the +ve news but if they only queue to collect low to Zero volume and not buying much/ push up price... they might as well press the price further down to collect it even cheaper. Unless they just want to buy/sell daily in some noticeable vol transaction and maintain current price  to catch other investor attentions to follow buy/sell.
Small players cant do anything if the big players want to make the price plunger further down..

Since all actions not seen lately.. .... my own conclusion: the big players already left and let the stock price free float registering low-0 vol transaction and small players dont dare to buy at higher price or sell.

Calm before the storm or sunlight appear... just be careful.

Small players are not interested in this type of counter, small players likes to risk lose money by playing hot counters out there ( high vol counters ). Small players was selling GSB shares while big players / insiders just put buy queue at 10sen to collect. 
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 09:44:50 AM
Predator claims of SIMA GROUP unable to complete Bentong project in 16 years is rubbish, it was scheduled that way from the beginning

Please go and check the Banda Industries Sdn Bhd Acquisition.

http://announcements.bursamalaysia.com/EDMS/annweb.nsf/LsvAllByID/482568AD00295D0748257603003042BD?OpenDocument

Open the PDF file, look at page 7 of that document. That Project is orginally scheduled to start in 1996 and complete in 2018. At first I find it strange also then later think abit, it makes sense. They purposely do it that way, get approval first the longer period the better... then they take their time slowly build. As an experienced developer they know that the future phase will get better selling price as project site becomes more mature. If they complete everything earlier, then they would have make less money from the project. Since they still have 5 more phase to go, means the remaining 5 phase will sell at much much higher price compared to the older phase... because house are more expensive now compared to last time. Very smart strategy by SIMA GROUP, they even thought of it in 1996. That is what experience is all about, unfortunately Predator has none.

Predator claims that SIMA GROUP are not capable to complete projects at a fast pace is totally rubbish. Please read this article by The Edge.

http://www.theedgemalaysia.com/property/175417-city-a-country-sima-group-banks-on-sincerity-to-grow.html

"One the company’s most significant projects thus far is Universiti Utara Malaysia (UUM) in Kedah. “When we took over the [abandoned] project, UUM was only 35% completed and we needed to revive and complete it within four months. Although it was challenging, we managed to complete UUM in slightly under four months,” says Andrea Gan, Seng Biang’s daughter. UUM was completed in September 1990."

SIMA GROUP complete 65% of an abandoned university project in just 4 month!!! If you use that as a benchmark, which also means SIMA GROUP is capable of completing an entire University in less than 8 month!!!  

Bentong type of project, if they wanted, anytime also can complete, they purposely do it that way so that they can make more money out of it. That is how experienced developer plan their projects... no wonder they are able to survive for 40 years and 3 major economic crisis as a private company without asking a single sen from external investors.

Now is the time for SIMA GROUP to grow... that is why they are listed via GSB. Be prepare to witness a major property player rising in KLSE anytime now.


Predator also claims that SIMA GROUP take away money from GSB. There is no proof SIMA has taken any cash out of GSB... besides GSB ( formally SMSUMMIT ) where got money to be taken by SIMA GROUP. IF SIMA GROUP did not come in to take over SMSUMMIT, SMSUMMIT would have bankrupt and delisted already. SMSUMMIT shareholders were very-very lucky that SIMA GROUP comes in. We are also very lucky to discover GSB transformation this early at their infant stage. Until today since 2008, GSB has yet to asked for a single sen from the shareholders.

Bentong Project is not problematic.. if problematic will they be able to sell all their phases ? They sceduled it such a long period of time is on purpose, get approval first , slowly build let area mature and later phase can sell for higher price and at the same time also no need to worry cannot get approval in the future for development in that area.

2. Untenanted hotel before sales is a very honorable and responsible acts by the GSB management team. If they want, they could have continue to rent out, but they choose not to rent it out. So that they will not cause any troubles to tenants and also buyer. 

SIMA GROUP chooses not to be listed in the past is their choice. We are fortunate that they are now listed via GSB and we can finally invest into a very high class property developer, still at its infant stage in KLSE.

Predator talks about dividend, not now because they still need to grow... in few years time when it is fully grown up...  not only dividends, you can expect your investment capital multiplied by the folds.



Sima 40 years of useless experience. Should be a listed company 35 years back then and by now with massive cheaper land bank!

By year 2008, Sima & GSB are the same people.

Sima injected assets into GSB and cash was taken out of GSB. Assets injected:-
   -Problematic Bentong project (36 acres only minus 9 acres still under agriculture land) which Sima was not able to complete after 16 years and
   -The hotel which Sima knew going to be untenanted after June 2010.

After these deals soon GSb has a huge problem with their cash flow. It is actually insolvent. With the blessing of the banks and the creditors, GSB was given the time to turn around.

GSb has to sell the hotel. Cash generated from the sale is required to pay down their bank borrowings, pay off their long suffering creditors and whatever left over will be eaten by ongoing expenses (esp management salaries).

So folks, why don't the pay dividen meh? They don't care about the minority shareholders loh! This Q1 a loss also!

How now?

(http://images.zaazu.com/img/loser-animation-animated-loser-smiley-emoticon-000355-large.gif)   



Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 09:49:51 AM
You see, most small holders think like you.. most of them would have given up after seeing low vol.. most likely will throw at buyers. Big players just take advantage of it and just put buy queue and collect, waot for all of you to throw at them at buyer price.

However, they cannot let it fall lower also because they dont want confidence of this counter to be damaged as well, because there will be a time GSB needs to go up significantly and sustain a a higher level. How long will this thing last, I believe it wont be very long from now... because it GSB cannot hold on to news for a very long time... they will have to release projects or M&A announcement soon becaues they have no more property projects in hand.

Even with few +ve news out recently, theres not much vol transactions.
Big players or insiders should know something in advance and buy earlier prior to the +ve news but if they only queue to collect low to Zero volume and not buying much/ push up price... they might as well press the price further down to collect it even cheaper. Unless they just want to buy/sell daily in some noticeable vol transaction and maintain current price  to catch other investor attentions to follow buy/sell.
Small players cant do anything if the big players want to make the price plunger further down..

Since all actions not seen lately.. .... my own conclusion: the big players already left and let the stock price free float registering low-0 vol transaction and small players dont dare to buy at higher price or sell.

Calm before the storm or sunlight appear... just be careful.

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 09:56:32 AM
If u all read again the first few message in this topic.. you will see GSB is no ordinary penny stock, this is SIMA GROUP...

Just read this article again,

http://www.theedgemalaysia.com/property/175417-city-a-country-sima-group-banks-on-sincerity-to-grow.html

"One the company’s most significant projects thus far is Universiti Utara Malaysia (UUM) in Kedah. “When we took over the [abandoned] project, UUM was only 35% completed and we needed to revive and complete it within four months. Although it was challenging, we managed to complete UUM in slightly under four months,” says Andrea Gan, Seng Biang’s daughter. UUM was completed in September 1990."

SIMA GROUP complete 65% of an abandoned university project in just 4 month!!! If you use that as a benchmark, which also means SIMA GROUP is capable of completing an entire University in less than 8 month!!!  

JUST HOW MANY COMPANIES ARE ABLE TO DO THAT ?  

Like I said many times before SIMA GROUP is not any ordinary company, this is one of the top construction / property developer in the country. Not many have heard of them but those who knows them will have great respect for them. They are very low profile in the past but now that they are listed in KLSE via GSB... you can expect them to rise up high once they starts to get aggressive.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 10:01:04 AM
Apart from new property projects.

With their proven track record of reviving a abandoned project in record time, if they were to bid to revive other abandoned/troubled projects, I am sure their chances of winning it is very very high because they have proven themself.

If u all read again the first few message in this topic.. you will see GSB is no ordinary penny stock, this is SIMA GROUP...

Just read this article again,

http://www.theedgemalaysia.com/property/175417-city-a-country-sima-group-banks-on-sincerity-to-grow.html

"One the company’s most significant projects thus far is Universiti Utara Malaysia (UUM) in Kedah. “When we took over the [abandoned] project, UUM was only 35% completed and we needed to revive and complete it within four months. Although it was challenging, we managed to complete UUM in slightly under four months,” says Andrea Gan, Seng Biang’s daughter. UUM was completed in September 1990."

SIMA GROUP complete 65% of an abandoned university project in just 4 month!!! If you use that as a benchmark, which also means SIMA GROUP is capable of completing an entire University in less than 8 month!!!  

JUST HOW MANY COMPANIES ARE ABLE TO DO THAT ?  

Like I said many times before SIMA GROUP is not any ordinary company, this is one of the top construction / property developer in the country. Not many have heard of them but those who knows them will have great respect for them. They are very low profile in the past but now that they are listed in KLSE via GSB... you can expect them to rise up high once they starts to get aggressive.

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 10:01:41 AM
Apart from new property projects.

With their proven track record of reviving a abandoned project in record time, if they were to bid to revive other abandoned/troubled projects, I am sure their chances of winning it is very very high because they have proven themself.


Potential of GSB/SIMA GROUP are simply massive. I still cant believe it is 10sen.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Noob Gambler on July 26, 2011, 10:03:09 AM
Just need to wait for the quarter result. approximately when?
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 10:07:32 AM
Look at predator... he is now reduced to almost nothing to complain about GSB already. There is no proof SIMA GROUP has taken money from GSB but plenty of proof that SIMA GROUP has been pumping money into GSB.

1.Bentong Project is not problematic.. if problematic will they be able to sell all their phases ? They sceduled it such a long period of time is on purpose, get approval first , slowly build let area mature and later phase can sell for higher price and at the same time also no need to worry cannot get approval in the future for development in that area. Project is already aproved, land conversion will be no problem... it is just that they leave it as agriculture so that they can make use of the land for agriculture purpose while waiting for development, if not those land can only be used to grow grass and forest, another brilliant strategy by SIMA GROUP, this is what 40 years experience is all about.

2. Untenanted hotel before sales is a very honorable and responsible acts by the GSB management team. If they want, they could have continue to rent out, but they choose not to rent it out. So that they will not cause any troubles to tenants and also buyer. 



No proof that SIMA has taken anything out of GSB.



Sima injected assets into GSB and cash was taken out of GSB.


Assets injected:-

Inject Bentong problematic project still under agriculture land meh? How to build house there meh?

Inject hotel which Sima knew going to be untenanted after June 2010.

Wakakakakaka!! Daylight robbery!
         
             

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 10:11:08 AM
Just need to wait for the quarter result. approximately when?

Dont depend too much on quarterly results... I only fear the hotel sales money might not make it in this quarter. I scare some people might take advantage of the situation if it is below our expectation. However year end results can be guarenteed a very good one because by end of financial year, Hotel sales money sure come in already, plus money from 2 projects ( Laman Ara Utama and Courtyard Villa ) and potentially money from new projects which will be launched anytime now. That is why I set my 20sen target by end of this financial year.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 10:13:12 AM
Approval for development is already there lah ( conversion is very easy already )... they only need to convert the small piece of land only. They purposely delay the conversion so that they can still make use of the land for Agriculture purpuse.. better than growing grass.


Nothing great about GSb loh!

Bentong still got problem loh. Agriculture land loh! Jv maybe will materialize in year 2013 loh. Jv also agriculture land meh? How to build there? What else to justify the current price meh?

No margin of safety at current price loh! Best buy below 0.075 only loh!

Wakakakakakakak!!!
 
    (http://www.funmunch.com/funny_pictures/animated/Guitarist%20Kitten.gif)




Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: viper88 on July 26, 2011, 10:15:18 AM
I didnt invest in GSB because from its performance .. its not suitable for my investment portfolio and risk. From my observation, the recent price movement is very weak and uncertain. The big players also no action yet and seems laying low. No accumulation and vol transaction is just too thin to none activities.
Previously several other penny stocks that have this similarity for "long period" of time either have drop further down, gone into Pn17 or delisted.
Some which have +ve news and strong convincing buyers coming back only suitable to buy in. But currently GSB situation is still unclear ... the risk is quite high actually in my own personal view.

U can chk with other experience remisers, analyst or investors to see what is their opinions/views.
-low vols and 0 vol transactions...
-no movement even when several +ve news..

I'm just a small time investers in KLSE... just sharing my views.

You see, most small holders think like you.. most of them would have given up after seeing low vol.. most likely will throw at buyers. Big players just take advantage of it and just put buy queue and collect, waot for all of you to throw at them at buyer price.

However, they cannot let it fall lower also because they dont want confidence of this counter to be damaged as well, because there will be a time GSB needs to go up significantly and sustain a a higher level. How long will this thing last, I believe it wont be very long from now... because it GSB cannot hold on to news for a very long time... they will have to release projects or M&A announcement soon becaues they have no more property projects in hand.

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 10:16:41 AM
At 10sen, you just cannot go wrong investing into GSB if you have the money to hold. It is not very active at the moment, thats why need to hold. But once GSB starts to get aggressive making use of their listing status and gets aggressive in the property market... you will see this company become a hot favourite.

I repeat again, this is not just any ordinary penny stock, GSB is a case of a hidden GEM... yet to be fully discovered, yet to show its true color.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 10:19:26 AM

We are talking about SIMA GROUP, one of the best construction/property player in the country which was left out of the KLSE. Now that it is finally listed via GSB through a very quiet backdoor listing. This is the best investment for a long long time... GSB at its infants stage in KLSE, only 10sen!!! MAD!!!! still people busy risking their money playing other counters while we have a sure win counter GSB waiting at a near FOC price.

At 10sen, you just cannot go wrong investing into GSB if you have the money to hold. It is not very active at the moment, thats why need to hold. But once GSB starts to get aggressive making use of their listing status and gets aggressive in the property market... you will see this company become a hot favourite.

I repeat again, this is not just any ordinary penny stock, GSB is a case of a hidden GEM... yet to be fully discovered, yet to show its true color.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 10:23:35 AM
Convert the agriculture title only when required :) because approval is already obtained for the entire Taman Bentong Makmur project. Very smart move by SIMA GROUP.. so that people can still make use of that land to plant things before buidling houses lah.


Q1 a loss loh! Why this developer buying agriculture land meh? Want to plant banana meh to feed the monkey meh? So this is the 40 years experience meh? Stupid!

Promoter con man loh!


Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 10:51:13 AM
Of cos lah... because that whole area is already approved for Taman Bentong Makmur... just land title not yet convert only. They should not have any trouble to convert the remaining lands into residental land. Thats why you need experienced player like SIMA GROUP take care of the details for you.


Wakakakakakak!! You think easy meh? Just transfer like that meh? What an idiot!! You are a desperate con man loh!!

Wakakakakakakakakakakaka!!!



Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 10:52:51 AM
Looks like Predator has nothing more bad things to say about GSB because he cannot find anymore, all those he has said earlier are all proven wrong with evidence from facts and data which source is also provided for everyone to verify.


Gsb best buy below 0.075 only. So folks currently GSb has only the problem bentong agriculture land project!

Wakakakakakakaka!!

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: viper88 on July 26, 2011, 10:54:03 AM
1st half trading almost end... trading vol only 110...
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 10:59:38 AM
1st half trading almost end... trading vol only 110...


Dont worry, that is good sign... most players dare not buy GSB, they scare cannot move... only left with players who wanted to sell, very few people wants to sell also. Means there are very few sellers left.. buyers are all side lined. If any significant news appeared... big players accumulating at buyer queue and also sidelined small players starts to grab GSB shares, it will move up very strongly.. because not much sellers left.

Just hold on tight to GSB, if you can hold until end of this financial year, you will get at least 100% gain, 100% gain in less than 1 year is good enought for most people. Of cos some of the people like me knows the true potential of GSB/SIMA GROUP will hold for longer term to make a fortune out of it.

Just remember, this is not any ordinary penny stock, this is a very high class company SIMA GROUP, hidden inside KLSE and left unnoticed.

www.sima.com.my
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 11:05:42 AM
GSB is not any ordinary penny stock, GSB is a mistaken identity... this is a major-major KLSE player at its infant stage. It has all the features of a blue chip in its business operations. Just look at SIMA GROUP website. www.sima.com.my , study all their property designs, top class. They even have a scholaship programme... normally only the super blue chip companines in KLSE has this kind of programme, SIMA GROUP already has it.




Buying so-called penny stocks may seem like a bargain. But many of these shares, which are valued at less than 0.20 each, are prone to price manipulation.

Little information publicly available, were normally being hyped on websites and internet to try to influence their share prices.

Reason because a desperate promoter trapped with massive shares of GSb will actually be looking to boost demand for the shares in order to drive up their price and sell them for a profit.

So folks, be very careful!


Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Cals on July 26, 2011, 11:16:19 AM
anything new from all this?  :P
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 11:29:52 AM
Let me summarize...

Current projects on hand.

1.Laman Ara Utama ( Bandar Utama ) - completing soon  ( www.sima.com.my )
2.Courtyard Villa @ Taman Bentong Makmur Phase 11 - completing soon ( www.sima.com.my )


3.Taman Bentong Makmur Phase 12 to Phase 16 - coming soon..
4.Riverville Bentong - High End property project ( scheduled to start in 2012 ) - 20.6 acres
5.Bukit Utama JV project - Housing ( scheduled to start in 2011 ) - 52.08 acres


Please go and check the Banda Industries Sdn Bhd Acquisition. ( project 3-5 )
http://announcements.bursamalaysia.com/EDMS/annweb.nsf/LsvAllByID/482568AD00295D0748257603003042BD?OpenDocument
Open the PDF file, look at page 7 and 8 of that document.
Note: These 3 projects easily more than RM300 million GDV based on the current property price ( not based on 1996 property price )

6.Kelana JV project with Project Start Sdn Bhd - Newly confirmed JVA in July 2011

Please check this announcement in KLSE website
http://announcements.bursamalaysia.com/edms/edmswebh.nsf/LsvAllByID/482576120041BDAA482578BE003B1A46?OpenDocument

This is what is currently available, GSB is also in good position to secure more property projects. It is just matter of time before they start to get aggressive. It seems like GSB is currently consolidating its position before moving on to bigger things. They have all that in hand and they have yet to raise a single sen from KLSE, not during IPO, not during backdoor listing. Already impressive enough being able to register massive growth for the past few years and an excellent financial position after transforming a dying SMSUMMIT into GSB. Once they start to make use of their listing status, to tap into the capital market for more funds, you can see them grow like a bullet train at full speed.

Everything I wrote are supported with facts and data. This is not hype-up story, this is not any ordinary penny stock... THIS IS THE REAL DEAL.  





So folks, GSb a penny stock is risky to begin with, why put your money more risk at this price especially with ill-advised promotion with some ulterior motives!   Con promoter loh! Only got bentong agriculture land project loh! Bad buy at current price loh!


Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 11:34:50 AM
here is a photo of Laman Ara Utama, swimming pool already filled up with water.

(http://i1105.photobucket.com/albums/h342/johnmaster1111/lau2.jpg?t=1311651194)

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 11:36:48 AM
There was a time when predator and his gang member claims that Laman Ara Utama is a scam, that Laman Ara Utama just a red mud to scare people to sell GSB... here I post again another photo to show all of you, Laman Ara Utama is real.. it is completed. GSB is real. SIMA GROUP is real.

here is a photo of Laman Ara Utama, swimming pool already filled up with water.


Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 11:38:06 AM
There was a time when predator and his gang member claims that Laman Ara Utama is a scam, that Laman Ara Utama just a red mud to scare people to sell GSB... here I post again another photo to show all of you, Laman Ara Utama is real.. it is completed. GSB is real. SIMA GROUP is real.


The only thing that does looks not real to me is GSB share price at only 10sen, this is something that really hard to believe. Hopefully GSB share price will return to reality soon :) that is way above 20sen..
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 11:58:53 AM
Every single day predator risk miss the massive GSB boat. Once it turn around and start sailing off.. there is no turning back.


Take profit now! This quarterly GSb losing. Cheap sale soon! Bentong project started in 1996 and till today not completed! Agriculture land loh!

Hold on here! 16years doing that stupid bentong and not completed yet meh?

Wakakakakakak!!

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: tips2earn on July 26, 2011, 12:07:32 PM
why in the world must have BAD and GOOD guy... :( :( :(

JM vs Predator = Good vs Bad or Bad vs Good... :sweat: :sweat: :sweat:

How can I recover my 30% loss... :sweat: :sweat: :sweat:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 12:08:16 PM
4th quarter was the best quarter in the past 4 years since the day GSB took over SMSUMMIT. It also represents a growth of 300% vs previous year 4th quarter. That is a very good result... unfortunately it was manipulated by predator and his gang members with lies which frightened some weaker players to dump their shares... which resulted in a panic selling. As you can see Predator is trying to manipulate again here... Best result in the past 4 years with a 300% growth... he say bad. Which business can give you 300% growth ? Excellent results unfortunately being manipulated to look bad.


Johnmonster’s ulterior motives and ill-advised promotion (he predicted better 4th Quarter & TP at Rm0.20) were the contributing factors he and others were trapped after GSB announced losses on that particular quarter.

So folks, not a con man meh?

(http://media.bigoo.ws/content/gif/smiles/smiles_67.gif)



Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 12:09:14 PM
why in the world must have BAD and GOOD guy... :( :( :(

JM vs Predator = Good vs Bad or Bad vs Good... :sweat: :sweat: :sweat:

How can I recover my 30% loss... :sweat: :sweat: :sweat:

Just hold on there for a while more, you can hold this long.. you can surely hold on longer, turn your 30% loss into 100% gain.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: ♂ M®. 1 MÎLLÌØÑ ™ ♂ on July 26, 2011, 12:14:23 PM
why in the world must have BAD and GOOD guy... :( :( :(

JM vs Predator = Good vs Bad or Bad vs Good... :sweat: :sweat: :sweat:

How can I recover my 30% loss... :sweat: :sweat: :sweat:
next time dun put all eggs in 1 basket...anything can happen in stock market..juz beware..got upside and downside,and we as a human,cant predict 100% wan..play at ur own risk..wish u all happy investing/gambling :D :D :D :D :D
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: tips2earn on July 26, 2011, 12:16:14 PM
Just hold on there for a while more, you can hold this long.. you can surely hold on longer, turn your 30% loss into 100% gain.
Yes I can Hold but when I think over again...if drop some more, I will lost more...
I have been cheated by the local Lawyer for the Land purchase case.  Did not report to the any authorize yet because he promised to pay back ... :sweat: :sweat:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 12:18:09 PM
next time dun put all eggs in 1 basket...anything can happen in stock market..juz beware..got upside and downside,and we as a human,cant predict 100% wan..play at ur own risk..wish u all happy investing/gambling :D :D :D :D :D

I am puting everything I got into GSB... That is how much confidence I have in GSB. When you find something that is a sure win 100%... just lump on it.

If you you spread out an few counter, 50% of it make money, while another 50% of it make losses, what do you get ?  no gain, no loss. Wasting time only, better dont invest in KLSE. I just whack everything into GSB... impossible that I can lose money from GSB at 10sen.

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 12:19:08 PM
Yes I can Hold but when I think over again...if drop some more, I will lost more...
I have been cheated by the local Lawyer for the Land purchase case.  Did not report to the any authorize yet because he promised to pay back ... :sweat: :sweat:

IF GSB cannot make money for you, I dont know what else in KLSE can.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 12:26:27 PM
Just go and read a few post back.. already explained to you already, too bad you cant seems to understand. Anyway, like you say... time will tell, when time comes... I hope you are here to do this  :headbang:


Johnspinmaster will do whatever within his capacity to spin negative comments on GSB by others like problematic bentong agriculture land project, selling of hotel due to poor cash, bad management and etc......!

The little news available were all hyped up for a reason, to con loh! To him this is just a game!

   



Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 12:27:17 PM
Just go and read a few post back.. already explained to you already, too bad you cant seems to understand. Anyway, like you say... time will tell, when time comes... I hope you are here to do this  :headbang:



and it wont be long from now... by end of this financial year or maybe even much earlier.... remember this..  :headbang:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 12:27:49 PM

and it wont be long from now... by end of this financial year or maybe even much earlier.... remember this..  :headbang:

when you missed the massive GSB boat.  :headbang:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: ♂ M®. 1 MÎLLÌØÑ ™ ♂ on July 26, 2011, 12:34:21 PM
I am puting everything I got into GSB... That is how much confidence I have in GSB. When you find something that is a sure win 100%... just lump on it.

If you you spread out an few counter, 50% of it make money, while another 50% of it make losses, what do you get ?  no gain, no loss. Wasting time only, better dont invest in KLSE. I just whack everything into GSB... impossible that I can lose money from GSB at 10sen.


LOL....johnmaster, every1 here have different kind of style investing in klse...urs is sumthing like playing at casino..win or lose..tis is about risk management...will malaysia get hit by earthquake or tsunami?...we wont know..we cant tell 100 %...but at least we can prepare/standby for it,incase anything worse will happen...your stlye is sumthing like die or survive...
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 12:40:45 PM
LOL....johnmaster, every1 here have different kind of style investing in klse...urs is sumthing like playing at casino..win or lose..tis is about risk management...will malaysia get hit by earthquake or tsunami?...we wont know..we cant tell 100 %...but at least we can prepare/standby for it,incase anything worse will happen...your stlye is sumthing like die or survive...

Because something that is a sure win, lump on it. Just like when you play poker and you have already seen all the cards in your oppenents hand. Not every counter I dare to do such thing. Last time when kucing lump his money into MSPORTS I tell him not to do such thing. BUT this time I did it myself because GSB is just impossible to lose. I cannot find a single negative in this company.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: ♂ M®. 1 MÎLLÌØÑ ™ ♂ on July 26, 2011, 12:43:54 PM
u can call them to buy gsb...but not sai lang...its a stupid way to sai lang on 1 counter....dun risk their hard earned money...i have no intention to disturb u and tis counter,or hope for tis counter to drop...i hope u understand...u should have let them know dun sai lang on tis counter,and not calling them to buy more and more like no tomolo..actually,im the previous sailou168 :D :D...predator thought i am in the same group as you and buy like no tomolo...but i am not...juz 20% of my asset is in gsb... :D :D :D...gud luck bro...
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: viper88 on July 26, 2011, 01:38:18 PM
I also agree not adviseable to put all money in or buy more on this GSB counter till theres more solid +ve outlook. Even have +ve outlook also buy only the amount of money that suit players own investment risk lvl.. dun just follow blindly.

Sailang/ buy all in is only for those who really have full confident but its their own decision.
New or average investor should alwys do their own research properly 1st before invest.
Most of them are not ready to face the big risk.

I feel bad for some buyers that follow in GSB recently and get stuck at higher price after the massive plunge.
It should be a different outcome for them if they take proper precaution step..

Imagine those that follow sailang all their hard earn money at high price around 0.145-0.15 and still holding till now.. paper lost almost 50%..
Sure very heart pain..

u can call them to buy gsb...but not sai lang...its a stupid way to sai lang on 1 counter....dun risk their hard earned money...i have no intention to disturb u and tis counter,or hope for tis counter to drop...i hope u understand...u should have let them know dun sai lang on tis counter,and not calling them to buy more and more like no tomolo..actually,im the previous sailou168 :D :D...predator thought i am in the same group as you and buy like no tomolo...but i am not...juz 20% of my asset is in gsb... :D :D :D...gud luck bro...
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 03:12:54 PM
It was very unfortunate that sharp fall from 15 sen down to 8.5 sen happens, we all know what happened, that plunge is was created when everyone pull out at the same time and has created a chain reaction of panic selling. Somemore the panic selling is constantly fueled with lies and fears. Big playes outside would have taken advantage of the situation by stop buying and collect at cheaper price. Before that, GSB has been moving very consistantly upwards for weeks.. solid as a rock unlike most goreng counters, until that unfortunate day where it was attacked with non-stop lies and fears ( unfortunately I was away that time ). I dont think it will ever happen again because all the lies has been crushed. New attempt to spread lies and fears are being crushed ( latest by Stockraider and Predator ) every single day.

Anyway what happen has already happened, GSB is now on the recovery... no matter what, sooner or later GSB will have to cross 20sen. For people who target the 20sen by end of this financial year should not be too worried about all these temporary setback. GSB will surely rise above 20sen. Just look at the most today IPO... PETERLABS, they just buy animal feed and sell it to farms, also can fetch share price as high as 25+ sen... GSB inherited 40 years of execptional property developent expertise and good reputation from SIMA GROUP... 10sen only ? Current projects in hand is worth at least RM300 to RM400 million GDV... with their exceptionally ability to win more projects, we can expect that figure to grow even bigger. All that have not even taken into consideration  their option to raise fund from KLSE.




I also agree not adviseable to put all money in or buy more on this GSB counter till theres more solid +ve outlook. Even have +ve outlook also buy only the amount of money that suit players own investment risk lvl.. dun just follow blindly.

Sailang/ buy all in is only for those who really have full confident but its their own decision.
New or average investor should alwys do their own research properly 1st before invest.
Most of them are not ready to face the big risk.

I feel bad for some buyers that follow in GSB recently and get stuck at higher price after the massive plunge.
It should be a different outcome for them if they take proper precaution step..

Imagine those that follow sailang all their hard earn money at high price around 0.145-0.15 and still holding till now.. paper lost almost 50%..
Sure very heart pain..

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Cals on July 26, 2011, 03:14:26 PM
sailou u back!  :P

GSB in chiller now for nice dessert yum yum
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 03:22:03 PM
the difference between GSB and many other penny stocks, GSB is a transformed counter. GSB has real business capabilties and competative edge over its competitor. GSB also have a proven sincere and very capable management team that we can trust. Many other penny stocks are either waiting to die or waiting to be rescued and some have questionable people runing the company.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 03:30:15 PM
u can choose to sell now but after you sell what are you going to do with your money, put in FD ? FD wont give you a 100% returns in less than a year. Buy another counter ? Most counters are already at their fair value and already fully exposed. Just how much more they can still go up ? the max another 20-30%.. unless you want to play goreng counters, which is a gamble 50-50 chance either lose big or win big. 

GSB is only 10sen!!!

I do not believe GSB cannot cross 20sen. 20sen is still too cheap for a company with so much potential. Cash on hand is more that 6 times larger than bank borrowings... impossible to get into trouble with banks. And property development currently known in hand is worth around RM300 to RM400 million GDV. Still expecting more to come with their capabilties and reputation. They have a massive brand SIMA GROUP, properties comes out from SIMA GROUP are assured of high take up rate..and of very high quality, proven for the past 40 years, not 4 years!!!

If people still cannot see what they are holding on to now and go and sell GSB now, I dont see how that person will ever go to win any big money from KLSE. GSB represents the best oppurtunity I can find in KLSE in a very-very long time... If you want to make real big money from KLSE, just hang on to GSB as long as you can.  The longer you can hold on to it... the more you will make. If you cannot hold for too long, then just wait until end of this financial year... you will see GSB cross 20sen.


Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 03:38:57 PM
Making money from share market is not about buying and selling every single day. Sometimes you just hold on to a good company with good growth prospects and let the money grow on it. It is better than buying and selling every single day.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 03:47:05 PM
Just let GSB hit above 20sen first by end of this financial year or maybe even earlier... after that we talk about RM2 and above.


Johnspinmaster has admitted tp Rm2.00 within couple of years while Tp Rm0.20 achievable easily soon! So how now?

A conversation with a liar can't help but be confusing. Separating truth from fiction feels futile.


Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: SUPERDADDY on July 26, 2011, 03:58:58 PM
Wah, this Predator is really something, shooting down each and every promotional by our bro John. Investing in stocks definitely come with a risk but when you talk about GSB you can smell something is brewing in the next one month time. The facts and figure are already there and we are only waiting the fruits of our investments to mature. Cheers!!! :thumbsup: :handshake: :handshake: :thumbsup:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Cals on July 26, 2011, 04:01:03 PM
Wah, this Predator is really something, shooting down each and every promotional by our bro John. Investing in stocks definitely come with a risk but when you talk about GSB you can smell something is brewing in the next one month time. The facts and figure are already there and we are only waiting the fruits of our investments to mature. Cheers!!! :thumbsup: :handshake: :handshake: :thumbsup:

Indeed Bro, time to reap the mature fruits, no time to bicker and leave out. tally ho!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Oly Shyte on July 26, 2011, 04:06:13 PM
Because something that is a sure win, lump on it. Just like when you play poker and you have already seen all the cards in your oppenents hand. Not every counter I dare to do such thing. Last time when kucing lump his money into MSPORTS I tell him not to do such thing. BUT this time I did it myself because GSB is just impossible to lose. I cannot find a single negative in this company.
Simple put, if GSB lose or delisted, will you go for suicide?  :speechless:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: escap on July 26, 2011, 04:10:49 PM

So funny from a relentless promoter/loser....if so good TP at 0.20 buy more loh! Why desperately asking others to buy? Not confident with your own TP meh and expect others to trust you meh? Wakakakakakakakakakakakakakkkkk!!

Remember folks, have an entry and exit plan. GSB good buy only at 0.075 below while sell at 0.110 below cos GSb just a goreng counter.

GSB is risky to begin with, why put your money more at risk at this price? If you put too much of your capital at risk, you increase the odds of losing your capital.


              (http://www.planetaz.biz/images/12651668972241348757957.jpeg) 




Hey yee chee (shark's fin)...how many times u want to change your nickname...use the nick Stockraider post so much nonsense...now use Predator also post so much nonsense :p Really entertaining, but seriously think u need to get a bit of life....u seem to have OCD or Obsessive Compulsive Disorder that forces u to keep replying every time u see a post from JM. U don't like GSB...let is be lar....u don't want to see people lose money? hehe...then I recommend u go to Genting casino...go to the tables with all the aunties and ah sams and tell them "please stop giving your money away". Maybe your efforts there will be better served....some of the aunties may even like you and help cure your OCD syndrome.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 04:11:08 PM
Wah, this Predator is really something, shooting down each and every promotional by our bro John. Investing in stocks definitely come with a risk but when you talk about GSB you can smell something is brewing in the next one month time. The facts and figure are already there and we are only waiting the fruits of our investments to mature. Cheers!!! :thumbsup: :handshake: :handshake: :thumbsup:

Good to know there are someone who can also sense something big is on its way. From experience you know lah... most property companies will be rushing to launch projects like mad man in such a bullish property market... BUT GSB stays very-very quiet dispite their capabilities and cash rich with ability to raise funds via KLSE. Even when all their projects are more or less completed, they have yet to launch anything. Why are they not doing anything ? All these are pointing to something really big until they have to slow down everything to perpare for it.

Remember, they leave their hotel unit vacant for quite a while before sales... Now that they slow down their business operations for what ? Surely there is a reason for it ( based on the way they handle their hotel sales ). Merger with SIMA GROUP ? or injection of Kelana Parklane into GSB ? or something even bigger...  they reduce their company operations to the bare minimum before something big happens.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 04:14:06 PM
Simple put, if GSB lose or delisted, will you go for suicide?  :speechless:

How to get delisted lah... they just got listed, spend 4 long years to fix and turn-around the company and have yet to raise a single sen from KLSE. Cash on hand is more than 6 times larger than bank borrowings with projects worth RM300 million to RM400 million GDV already in hand and more are coming in. Apart from that Still have plenty of other properties such as vacant lands which are still not developed.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 04:23:37 PM
What hype ? every posting comes with evidence, facts and data.. source data is provided for inspection. GSB is for real. Do not waste your GSB shares just because you lost the excitement of trading.


Johnspinmaster will sweet talk new members to buy GSB with the same old little hyped up recycle news with one objective that is to pursue his dream at the expense of others!!

With Bentong problematic agriculture land project left, the future look unpromising!!  Wakakakakakak!!

             Beware!!  


Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 04:30:14 PM
you can continue to spin your rubbish for now, but later you will be doing this...  :headbang:


Folks, I don’t think my comments either positively or negatively will have any adverse effect on the price of GSB!

The stock market is driven with a lot of simultaneous factors while a trader going opposite is just an exception. If the stock goes up with a certain pace then, there are equal chances that stock will go down with the equivalent pace, as the trend changes.

Those who are mad with me must be trapped big time with this counter. Wakakakakak!!


Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 04:31:20 PM
you can continue to spin your rubbish for now, but later you will be doing this...  :headbang:


missed the boat... while you could have bought it, so much time to buy... dont even need to chase.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 04:35:30 PM
I have shown people my buying transaction live in many occasion in the past, I dont need to show anymore because I will risk my identity being exposed.


If Johnspinmaster is a sincere and trustworthy person, at this cheaper price he should be very very very happy able to collect more because of his higher TP and positive assumption on GSB future endeavor.

But wait why is he not collecting when he telling everybody that its so cheap now? His didn't practice what he preach meh? Wakakakakakak!!

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 04:42:42 PM
Because I dont have trade any other counters, I am now on one single counter GSB... ( apart from my frozen LCTH ). Thats why I can spend all my time talking about GSB.



If Johnspinmaster is more to a long term investor, he doesn't have to appear frequently promoting GSB desperately.

A long term investor creates a plan, researches stocks (company's value, assets, debt, and financial health), invests, and then patiently waits for a return in the future.

So folks, don't just simply jump in as this is just a goreng counter! Best buy at 0.075 below only! How now?


Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Cals on July 26, 2011, 04:48:39 PM
I'm happy  ;)  :P no one can take that away from me  :handshake:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 04:49:56 PM
I am here to help people to get on board GSB and at the same time prevent people from wasting their GSB shares. Even today, still seen alot of people selling away their GSB shares. What a waste... already have a that future fortune in their pocket and go and throw away to risk their money out there.



If Johnspinmaster is more to a long term investor, he doesn't have to appear frequently promoting GSB desperately.

A long term investor creates a plan, researches stocks (company's value, assets, debt, and financial health), invests, and then patiently waits for a return in the future.

So folks, don't just simply jump in as this is just a goreng counter! Best buy at 0.075 below only!

Johnspinmaster’s action and behaviour tell a different story! How now?


Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 05:04:17 PM
What rubbish... just go and read SIMA GROUP website www.sima.com.my , sit there quietly and think hard!!!

also read this article by the edge.

http://www.theedgemalaysia.com/property/175417-city-a-country-sima-group-banks-on-sincerity-to-grow.html

GSB is not here for goreng, GSB is about serious property development. It has a clear competative edge in SIMA GROUP.

from the article above,

"One the company’s most significant projects thus far is Universiti Utara Malaysia (UUM) in Kedah. “When we took over the [abandoned] project, UUM was only 35% completed and we needed to revive and complete it within four months. Although it was challenging, we managed to complete UUM in slightly under four months,” says Andrea Gan, Seng Biang’s daughter. UUM was completed in September 1990."

SIMA GROUP complete 65% of an abandoned university project in just 4 month!!! If you use that as a benchmark, which also means SIMA GROUP is capable of completing an entire University in less than 8 month!!!

HOW MANY COMPANY OUT THERE HAVE THIS KIND OF CAPABILITIES ?

The are listed for a purpose. You can expect them to become a major player in KLSE.

So folks, again just a reminder that best buy only at 0.075 and don't be those sheeps below!

If Johnspinmaster is more to a long term investor, he doesn't have to appear frequently promoting GSB desperately.

A long term investor creates a plan, researches stocks (company's value, assets, debt, and financial health), invests, and then patiently waits for a return in the future.

So folks, don't just simply jump in as this is just a goreng counter! Best buy at 0.075 below only!

Johnspinmaster’s action and behaviour tell a different story! How now?

Wakakakakakakak!!

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 05:06:23 PM

This is not about hype-up goreng penny stocks, all those written are real track records. Real property development projects. Real company with real capabilities.

What rubbish... just go and read SIMA GROUP website www.sima.com.my , sit there quietly and think hard!!!

also read this article by the edge.

http://www.theedgemalaysia.com/property/175417-city-a-country-sima-group-banks-on-sincerity-to-grow.html

GSB is not here for goreng, GSB is about serious property development. It has a clear competative edge in SIMA GROUP.

from the article above,

"One the company’s most significant projects thus far is Universiti Utara Malaysia (UUM) in Kedah. “When we took over the [abandoned] project, UUM was only 35% completed and we needed to revive and complete it within four months. Although it was challenging, we managed to complete UUM in slightly under four months,” says Andrea Gan, Seng Biang’s daughter. UUM was completed in September 1990."

SIMA GROUP complete 65% of an abandoned university project in just 4 month!!! If you use that as a benchmark, which also means SIMA GROUP is capable of completing an entire University in less than 8 month!!!

HOW MANY COMPANY OUT THERE HAVE THIS KIND OF CAPABILITIES ?

The are listed for a purpose. You can expect them to become a major player in KLSE.

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 05:16:02 PM
The point is still the same... no matter how predator spins it, GSB and SIMA GROUP are still real companies with real solid business model. with real capabilities and reputation.

My target is still 20sen by end of this financial year... after than we talk about my next target. I am not selling even after it cross 20sen because I believe more will come from this company. It is a very very rare oppurtunity to have a company as solid as SIMA GROUP trading this cheap.

20sen will make alot of GSB shareholders very happy already, an easy achievable 20sen target for everyone. As for myself, I am looking for bigger gains... a fortune for myself in longer term.

As mentioned Johnspinmonster is a desperate person. Here telling others 0.11 is a good buy. Today spinning again and coaxing again that 0.10 is a good buy!

So folks, this the con man you trust with your hard earned cash meh? How now?

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 05:19:30 PM
If cos you can choose to follow predator to sell now and earn peanuts or some even make losses, I can assure you after selling you will all end up like predator doing this...  :headbang: when GSB starts to roll out more announcement. You will missed the boat completely because when shares as cheap as 10sen comes out with a significant/big news, it will fly immediately... with potential of hitting 30sen limit up, you might just missed it completely. Just look at ZECON today... even though GSB/SIMA GROUP is far more solid than ZECON.

The point is still the same... no matter how predator spins it, GSB and SIMA GROUP are still real companies with real solid business model. with real capabilities and reputation.

My target is still 20sen by end of this financial year... after than we talk about my next target. I am not selling even after it cross 20sen because I believe more will come from this company. It is a very very rare oppurtunity to have a company as solid as SIMA GROUP trading this cheap.

20sen will make alot of GSB shareholders very happy already, an easy achievable 20sen target for everyone. As for myself, I am looking for bigger gains... a fortune for myself in longer term.

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: brightlife ya on July 26, 2011, 05:25:55 PM
Hi John, am i too late to join the boat now? :)
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 26, 2011, 05:32:04 PM
Hi John, am i too late to join the boat now? :)

nope.. you are not too late, this is the time to get on board before more news is being released.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: soulsimple on July 27, 2011, 01:31:44 AM
JM n Predator still havin lots of fun!!!!

wow!!!!
 :P
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 27, 2011, 08:54:57 AM
did you see how fast ZECON fly when they announce something big.. you can expect GSB to fly as fast as ZECON, almost impossible to chase.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 27, 2011, 08:57:04 AM
did you see how fast ZECON fly when they announce something big.. you can expect GSB to fly as fast as ZECON, almost impossible to chase.


Some of you might be asking, why didn't I buy some ZECON and keep earlier while it was still cheap. You might have to ask the same question when GSB suddenly fly off... and it is going to be worse than ZECON becaues GSB is heavily promoted, you knew all about it and yet you did not do anything. Dont end up doing this :headbang: with predator. Just go and grab some GSB and keep it aside.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: beginner2 on July 27, 2011, 09:05:33 AM
GSB buying queue where are u??
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 27, 2011, 09:33:16 AM
GSB buying queue where are u??

They purposely keep the buying queue small to attract people to sell.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 27, 2011, 09:38:46 AM
dam.. better call up GSB to as them to speed up whatever announcement pending... if released now with ZECON flying around, sure fly also.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 27, 2011, 09:56:18 AM
RM4.4 million profit is already secured, just matter of timing for the money to come in. although I hope it will make it into Q1.. of cannot make it, then it will be Q2 lor. This also cant understand. Whether Q1, Q2 or Q2... RM4.4 profit is already secured.. what difference does it make if it comes in Q1 or Q2 ?


Beware folks. Johnspinmaster has predicted Q1 minimum Rm 4.4 million as stated above. This stupid con man actively working to con people again.

The fact is that this Q1 a loss!   Wakakakakakakakak!!



Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 27, 2011, 10:18:49 AM
Still not much business activities from GSB dispite a better financial condition compared to last time, suggests that some M&A might be taking place soon.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 27, 2011, 11:30:49 AM
it is so obvious that they are trying very hard to prevent all of you from reading this topic.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 27, 2011, 11:33:03 AM
it is so obvious that they are trying very hard to prevent all of you from reading this topic.

Because they know they cannot let more people buy GSB shares. if more people starts buying GSB shares... they will have no chance to buy cheaper. Most likely all their money is currently stucked in other counters.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 27, 2011, 11:43:56 AM
damm... they are attacking my old topic so that this new topic losses its prominance... I think I better avoid replying to them in that old topic.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 27, 2011, 11:55:19 AM
did you all notice, Predator has abanoned this topic, bring up old topic with outdated GSB info to prevent people from reading this topic. They try confuse people now.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: tips2earn on July 27, 2011, 12:39:45 PM
Zelcon 1Q net profit 0.083 million (decreased 57.22%)  also can hit  RM1.00... so GSB will hit ? ? ? 
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 27, 2011, 12:44:10 PM
just put aside some money for GSB if you dont want to invest alot. Dont missed out like ZECON... company like GSB has the technical capabilities, if suddenly they land themself with a multi-billion ringgit like ZECON, it will hit limit up immediately. So dont risk not buying counters like GSB because it is only 10sen. At the same time GSB is exceptionally safe, very solid financial status, cash on hand is more than 6 times larger than bank borrowings. Projects currently in hand is worth more than RM300 million in GDV.

Please go and read this again.

http://www.theedgemalaysia.com/property/175417-city-a-country-sima-group-banks-on-sincerity-to-grow.html

"One the company’s most significant projects thus far is Universiti Utara Malaysia (UUM) in Kedah. “When we took over the [abandoned] project, UUM was only 35% completed and we needed to revive and complete it within four months. Although it was challenging, we managed to complete UUM in slightly under four months,” says Andrea Gan, Seng Biang’s daughter. UUM was completed in September 1990."

SIMA GROUP complete 65% of an abandoned university project in just 4 month!!! If you use that as a benchmark, which also means SIMA GROUP is capable of completing an entire University in less than 8 month!!!

Company with this kind of capabilities are not to be taken too lightly. GSB is a serious company to invest in because very good chance they will hit something really big with that kind of track records.


Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 27, 2011, 12:44:48 PM
Zelcon 1Q net profit 0.083 million (decreased 57.22%)  also can hit  RM1.00... so GSB will hit ? ? ? 


When GSB announce big projects... which it is fully capable of handling.. u can just imagine lah.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 27, 2011, 02:27:05 PM
damm.. those conman have new tricks.. they bring out my old topic, try to divert people away from this new topic which has more solid discovery. I shall refrain from answering their posting in the old topic.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 27, 2011, 02:51:56 PM
for those who are new and curious why GSB attracts so much attention, please read the first few message in this topic. You will understand why these people are so desperate to make it fall for them to buy cheap.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 27, 2011, 03:23:56 PM
for those who are new and curious why GSB attracts so much attention, please read the first few message in this topic. You will understand why these people are so desperate to make it fall for them to buy cheap.

I hope none of you here go and dump your GSB shares at 10sen a while ago, because immediately after that all taken up buy buyers... and I pray hard it is not stockraider or predator benefit from your selling.

Anyway... buyer queues is up there again at 10sen. You can clearly see someone is accumulating at 10sen... they dont want to put big buyer queue to attract sellers to sell at them. Whoever sold GSB just now will soon have to do this...  :headbang:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: SUPERDADDY on July 27, 2011, 03:28:05 PM
Yeah, for those who is worried they may be conned , jz sell cos the price is stll quite solid and for those with brave hearts like us , stay firm and all of you will be amply rewarded.Cheers!!! :thumbsup: :handshake: :thumbsup:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 27, 2011, 03:30:23 PM
Yeah, for those who is worried they may be conned , jz sell cos the price is stll quite solid and for those with brave hearts like us , stay firm and all of you will be amply rewarded.Cheers!!! :thumbsup: :handshake: :thumbsup:

I am amazed by these players... proven conman like Stockraider, bb ( iinvestsmart ) and Predator ( Leno ) caught so many times telling lies...  also can influence them to sell. Even the lies they spread are all proven wrong... yet still people go and listen to them. 
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Oly Shyte on July 27, 2011, 03:58:32 PM
I have no problem with GSB. I have a problem with the person who intentionally mention GSB every single millisecond on 99% part of this forum.....  :puke:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 27, 2011, 04:01:46 PM
Just share with all of you a photo of SIMA GROUP in an expo in Korea, GSB is the future of SIMA GROUP.

(http://i1105.photobucket.com/albums/h342/johnmaster1111/sima_korea.jpg)
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 27, 2011, 04:07:38 PM
I have no problem with GSB. I have a problem with the person who intentionally mention GSB every single millisecond on 99% part of this forum.....  :puke:

I have no choice because I have to respond to all those lies thrown at GSB by stockraider, predator and iiinvestsmart. If I dont response, then they will spin another like that I have sold all my GSB and run away... or maybe some other lies.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 27, 2011, 04:47:17 PM
did you all find it strange, Stockraider and Predator abandoned this latest version of GSB discussion. They are so worried that all the new discovery on GSB is made know to more people. They purposely bring out the older topic so that people might missed out this topic where alot of new positive discovery is being highlighted.

Even the lastest picture I posted about SIMA GROUP in Korea, that also they can manipulate it into a bad thing, but to me that is a show of confidence. If a company dare to take their property to an international platform for showcase... it is a display of confidence. Although that picture is not direct GSB but GSB is the future of SIMA GROUP because GSB is the listed unit of SIMA GROUP. Future projects will surely be handled by GSB... just like I expected, the lastest Kelana Jaya JV project is handled by GSB and not by other unlisted units inside the SIMA GROUP.

It is very unfortunate someone go and sell his GSB shares again today, but good news is that... buyer immediately picks it up and buyer queue builds up again at 10sen. I hope it is not Stockraider, Predator or iinvestsmart picking up those shares... it will be traggic, that anyone waste their GSB shares to only to fall into their hands.

GSB has yet to launch anything big yet while their projects are all completing... so they should be coming out anytime now, do not risk missing the boat. Want to buy, better buy now. Once news are out, it will be very hard to chase.. just look at ZECON, almost impossible to chase... Predator and Stockraider awas so busy here until he missed ZECON completely. Surely they think GSB is worth  the effort, else they wont be here every single day, trying to make people sell so that they can get it cheap.

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on July 27, 2011, 04:50:30 PM
did you all find it strange, Stockraider and Predator abandoned this latest version of GSB discussion. They are so worried that all the new discovery on GSB is made know to more people. They purposely bring out the older topic so that people might missed out this topic where alot of new positive discovery is being highlighted.

Even the lastest picture I posted about SIMA GROUP in Korea, that also they can manipulate it into a bad thing, but to me that is a show of confidence. If a company dare to take their property to an international platform for showcase... it is a display of confidence. Although that picture is not direct GSB but GSB is the future of SIMA GROUP because GSB is the listed unit of SIMA GROUP. Future projects will surely be handled by GSB... just like I expected, the lastest Kelana Jaya JV project is handled by GSB and not by other unlisted units inside the SIMA GROUP.

It is very unfortunate someone go and sell his GSB shares again today, but good news is that... buyer immediately picks it up and buyer queue builds up again at 10sen. I hope it is not Stockraider, Predator or iinvestsmart picking up those shares... it will be traggic, that anyone waste their GSB shares to only to fall into their hands.

GSB has yet to launch anything big yet while their projects are all completing... so they should be coming out anytime now, do not risk missing the boat. Want to buy, better buy now. Once news are out, it will be very hard to chase.. just look at ZECON, almost impossible to chase... Predator and Stockraider awas so busy here until he missed ZECON completely. Surely they think GSB is worth  the effort, else they wont be here every single day, trying to make people sell so that they can get it cheap.


It sound like a cheekai........fella telling...............his friend..........he want to the person sittting in the Rolls royce loh....!
He mention........his old motorcycle.........is actually a" ROLLS" loh...............!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 27, 2011, 04:58:12 PM
Everyday Stockraider and Predator manage to convince some weak holders to sell some GSB shares with their lies.  It is good also, because when GSB starts move upwards, Stockraider and Predator will have to answer to all those people who they convinced to sell at this super cheap price :)  My only fear is that Stockraider and Predator actually benefits from all these sellers by buying up all those sold by people who are conned by them.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 27, 2011, 06:25:28 PM
Looks like their new strategy is working very well.. they are avoiding this topic and confused people with other similar topic.

Why this topic is important ? because this topic contains the most updated discovery I made on GSB. They are very worried that people discover more things about GSB. They will find it harder to con people to sell their GSB shares to them at lower price.

for newcomers, just go and read the first few message of this topic. Source data are all provided in the links. You can check up the data yourself to confirm what I wrote.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Cals on July 27, 2011, 07:47:43 PM
welcome back to the real thing  :thumbsup:

it was HBO mini series back then lol  :D
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 27, 2011, 09:39:52 PM
welcome back to the real thing  :thumbsup:

it was HBO mini series back then lol  :D

unfortunately I have to take their bait.. they are using a very cunning strategy to divert people away from this topic which is full of new amazing discovery on GSB. Something they have been trying very hard to prevent people from reading. In the past they try to spam this topic as much as they can, maybe they realise it is not working... now they try to bring up old outdated GSB topic which contains less discovery to confuse people.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: beginner2 on July 28, 2011, 09:00:37 AM
My GSB  :sweat: :sweat: :sweat: :sweat:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: BlackDevil on July 28, 2011, 09:07:52 AM
(http://img14.imageshack.us/img14/5927/1236465248421.gif)
 :) :) :)
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 28, 2011, 09:09:49 AM
My GSB  :sweat: :sweat: :sweat: :sweat:

it wont be very long from now, just hang on tight there. IF heart is not strong enough, just dont look.

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: beginner2 on July 28, 2011, 09:32:25 AM
now i queue for more at 8 cts
hope really buy cheap
luckily still got money to pick up  :sweat: :sweat:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: beginner2 on July 28, 2011, 09:37:30 AM
Today situation becoz of KLCI??
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 28, 2011, 09:41:05 AM
Today situation becoz of KLCI??

Because of the non-stop attack buyers just take their sweet time queue to buy cheap. they know some people will be influenced by the non-stop attack, especially in the overall weak market condition. Hopefully no more selling for GSB and that will force buyer to buy from higher price to push up GSB. Looks like alot of poeple from this forum are not interested to make big money out of GSB. Whatever it is... I am hoping GSB will release whatever project news, M&A news to teach these ***** a good lesson.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Guesst on July 28, 2011, 09:47:29 AM
Because of the non-stop attack buyers just take their sweet time queue to buy cheap. they know some people will be influenced by the non-stop attack, especially in the overall weak market condition. Hopefully no more selling for GSB and that will force buyer to buy from higher price to push up GSB. Looks like alot of poeple from this forum are not interested to make big money out of GSB. Whatever it is... I am hoping GSB will release whatever project news, M&A news to teach these ***** a good lesson.

I think those who follow John are quite used to waiting... up and down a bit like small waves in the ocean, won't sink the ship. The course towards TP 20 cents is unchanged. :nod: :nod: :nod: :nod: :nod:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: beginner2 on July 28, 2011, 09:51:45 AM
I think those who follow John are quite used to waiting... up and down a bit like small waves in the ocean, won't sink the ship. The course towards TP 20 cents is unchanged. :nod: :nod: :nod: :nod: :nod:

we are trained to be patient ma
if not how to earn from stock market?
Golden rule : Buy low Sell HIGH
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Cals on July 28, 2011, 09:54:23 AM
this is a keeper, so pickup is normal  :thumbsup:  :cash: :cash: :cash:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: sockz on July 28, 2011, 10:13:57 AM
just buy more when drops lower... 8)
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: sockz on July 28, 2011, 10:14:55 AM
since the fundamental has not dropped or any negative news about it!!

just buy more when drops lower... 8)
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Cals on July 28, 2011, 10:18:33 AM
since the fundamental has not dropped or any negative news about it!!


agreed
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 28, 2011, 10:29:44 AM
since the fundamental has not dropped or any negative news about it!!


Basically there are nothing wrong with GSB.

I have another piece of information that I held on for a long time because this information is unconfirmed and I cannot proof it... until yesterday someone mentioned it. So, I also say it lah... I myself not sure true or not... please try to find out for everyone whether it is true or not.

Remember the story about MAHSING was orginally a plastic manufacturer, later they ventured into property development because their plastic business was not doing well. When they first ventured into property development they have no experience in property development, it was the private company SIMA GROUP that help them along the way in their early stage. That is why you see alot of similarity between GSB and MAHSING, especially in the quality of the houses during the early days of MAHSING because they were built my SIMA GROUP. SIMA GROUP seems to be trying to replicate the success of MAHSING with GSB. Anyway I heard this story from an unconfirmed source. If you have contacts in SIMA please try to confirm this story.

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 28, 2011, 10:58:40 AM
looks like I am right about predator, he is avoiding this topic now because simply too many info inside this topic to crush him.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 28, 2011, 11:18:30 AM
Since you are so capable can you pick up one stock today, that can go up non-stop ?

When I promote GSB, its not about a short term goreng, 1 or 2 weeks type of goreng counter... you want to play those type of counter, go and and play. Close eye and tembak also good chance will hit one.

As for GSB, it is about real business prospects, real company with real proven track records. This is no gamble, this is what we called safe calculated investment.



Well practice what you preach loh! Now 0.095 trading so buy more loh cos lower than your TP meh! You relentless promotion the reason why people are stuck with this counter loh!

Normal loh con man always on denial mode and will always divert the blame to others loh!


Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: tips2earn on July 28, 2011, 11:36:28 AM
Dear GSB .95 seller, Please sell some more at.95, almost my turn to pickup 1000 lots @.95
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: cokelike on July 28, 2011, 11:53:17 AM
GSB too low profile!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 28, 2011, 11:54:18 AM
Whoever has 2500 lots GSB will see it turning into at least RM50K by end of this financial year.


You already got 2500 lots meh? So how?

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: tips2earn on July 28, 2011, 11:55:16 AM

You already got 2500 lots meh? So how?

(http://media.bigoo.ws/content/gif/smiles/smiles_25.gif)



I queue around 8am today, so not my turn yet...
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 28, 2011, 11:57:08 AM
GSB too low profile!

that is why it is so cheap. If an article is written about them in the newspaper, it wont be 10sen anymore... it will shoot past 20sen for sure. We are talking about SIMA GROUP, a very high class property and construction player in the country that still remains as a private company after 40 years. Finally they are now listed via GSB... means they are now getting serious about growth. In the past there are unconfirmed stories that SIMA GROUP were the one that assist MAHSING in thier property development work in their early days as property developer.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on July 28, 2011, 12:09:41 PM
Your 2500 lots too high loh! Careful buying again loh cos now touching the 1 month low loh!


Latest GSb Share Price Performance
 
                                High                     Low                                Average 
Prices      1 Month     0.120   (05-Jul-11)    0.095   (28-Jun-11)            Rm 0.11
Prices      3 Months    0.150   (27-May-11)  0.065   (04-May-11)          Rm 0.105
Prices    12 Months    0.150   (27-May-11)  0.035   (20-Sep-10)           Rm 0.09
Volume  12 Months 236,739   (31-Mar-11)        0   (22-Jul-11)   Rm 0.075
 
 :handshake:



Look like............Rm 0.10-0.115.............is still high low.......! Trading play is Rm 0.075 loh........predator is right loh..........max GSB is Rm 0.12 loh..........!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Cals on July 28, 2011, 12:29:59 PM
200day moving average still up wor, how how data show uptrend!!!  :thumbsup:  :cash: :cash: :cash:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on July 28, 2011, 12:30:21 PM
Your 2500 lots too high loh! Careful buying again loh cos now touching the 1 month low loh!


Latest GSb Share Price Performance
 
                                High                     Low 
Prices      1 Month     0.120   (05-Jul-11)    0.095   (28-Jun-11)
Prices      3 Months    0.150   (27-May-11)  0.065   (04-May-11)
Prices    12 Months    0.150   (27-May-11)  0.035   (20-Sep-10)
Volume  12 Months 236,739   (31-Mar-11)        0   (22-Jul-11)
 
 :handshake:



the most intelligent person who understand GSB risk & reward position is not raider, leno, investsmart, bb, john, orangdunia or guest loh........but predator loh.............!
Predator he is veri pandai loh................listen to him mah....! :thumbsup: :thumbsup: :thumbsup: :cash: :cash:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: sockz on July 28, 2011, 12:32:58 PM
lolll....u all are first class jokers lar... :thumbsup: :thumbsup: :thumbsup: talk * number 1  :D :D :D

the most intelligent person who understand GSB risk & reward position is not raider, leno, investsmart, bb, john, orangdunia or guest loh........but predator loh.............!
Predator he is veri pandai loh................listen to him mah....! :thumbsup: :thumbsup: :thumbsup: :cash: :cash:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: tips2earn on July 28, 2011, 12:34:45 PM
the most intelligent person who understand GSB risk & reward position is not raider, leno, investsmart, bb, john, orangdunia or guest loh........but predator loh.............!
Predator he is veri pandai loh................listen to him mah....! :thumbsup: :thumbsup: :thumbsup: :cash: :cash:
Stockraider, you still holding any GSB? last time you mention upgadre you sale TP to .115-.12, Did you manage to sell all?
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 28, 2011, 12:37:13 PM
Stockraider, you still holding any GSB? last time you mention upgadre you sale TP to .115-.12, Did you manage to sell all?

no need to ask him question lah, how many words that comes out from his mouth can be trusted ? you get better answer for not asking him... no answers is still better than lies.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on July 28, 2011, 12:39:55 PM
Stockraider, you still holding any GSB? last time you mention upgadre you sale TP to .115-.12, Did you manage to sell all?

raider sold already the last batch at Rm 0.10-0.105 few wk ago just slightly breakeven loh.....thats why....raider hibernate for a while loh....!
Raider won't be touching GSB anymore loh.........! Too controversial mah....!

Listen Predator on GSB loh...! He veri pandai mah.....!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: crashbandicoot on July 28, 2011, 12:40:29 PM
Very simple, no write up? Get these people to do a writeup  :clap:

mustaphakamil@nstp.com.my

Anyone wanna do the honor?
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: tips2earn on July 28, 2011, 12:41:47 PM
no need to ask him question lah, how many words that comes out from his mouth can be trusted ? you get better answer for not asking him... no answers is still better than lies.
多一个朋友, 就少一个敌人吗。。。。
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on July 28, 2011, 12:43:33 PM
Very simple, no write up? Get these people to do a writeup  :clap:

mustaphakamil@nstp.com.my

Anyone wanna do the honor?

He...he...he...!
Raider wonder loh ?
If John write all the pros on GSB........!
If predator write all the con on GSB....!
Who the reporter will listen & publish leh ?
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Cals on July 28, 2011, 12:48:31 PM
always welkum  :D
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: sockz on July 28, 2011, 12:52:31 PM
Very good idea, let the 'professionals' do the 'correct' reporting...hahaha

Very simple, no write up? Get these people to do a writeup  :clap:

mustaphakamil@nstp.com.my

Anyone wanna do the honor?
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: sure88 on July 28, 2011, 02:15:01 PM
Just share with all of you a photo of SIMA GROUP in an expo in Korea, GSB is the future of SIMA GROUP.

(http://i1105.photobucket.com/albums/h342/johnmaster1111/sima_korea.jpg)

What is MP for Putrajaya
Tengku Adnan Mansor UMNO Sec Gen doing in this pic ?
Must have been taken btw 2006-2008
when he was the then Minister of Tourism. 8)
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 28, 2011, 02:55:48 PM
What is MP for Putrajaya
Tengku Adnan Mansor UMNO Sec Gen doing in this pic ?
Must have been taken btw 2006-2008
when he was the then Minister of Tourism. 8)

not sure, I just found the photo.. so I thought just to show it to all of you. Some of you may missed the point. The point is... if a company do not have the substance, surely they will not dare to showcase their properties at international stage. This picture shows you that SIMA GROUP has the ability to produce properties good enough to be displayed at the international stage.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 28, 2011, 02:58:19 PM
not sure, I just found the photo.. so I thought just to show it to all of you. Some of you may missed the point. The point is... if a company do not have the substance, surely they will not dare to showcase their properties at international stage. This picture shows you that SIMA GROUP has the ability to produce properties good enough to be displayed at the international stage.


I am showing this photo to back my claim that SIMA GROUP is not any ordinary kampung property developer like Stockraider said, this is to show you that... SIMA GROUP is a high class property developer which are able to produce properties that is good enough to be showcase at international stage. As for Stockraider claim that SIMA GROUP is a kampung player, he cannot show any proof.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 28, 2011, 03:11:37 PM
The age of the photo is not the point, these people cannot understand the point of showing that photo. It is just show you, the properites they built are good enough for international stage showcase. GSB will be producing such properties for sales :) you can be asssured of very high take up rate for any properties launched by them. High take up rate will translate to profits.


Again showing a jurassic park era photo. What a desperate goon! Wakakakak!!
 
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: tips2earn on July 28, 2011, 03:23:38 PM
Up Up UP!!! Why don't wait for me to get .095 first :S :S :S :S
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 28, 2011, 03:45:15 PM
Stop answering those idiots and look at the screen.

Someone just walloped all the 10 sens  :clap:

 :thumbsup:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 28, 2011, 04:35:49 PM
Stop answering those idiots and look at the screen.

Someone just walloped all the 10 sens  :clap:

in such a horrible market sentiment still got people wallap 5000 lots at 10sen from sellers twice, is a clear sign something big is coming and this particular buyer are not taking any chances, just in case missed the boat.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: hope on July 28, 2011, 05:28:57 PM
Staging for distribution again. Buy GSB if you want to but be smart and don't get ********** ending holding the baby. Make your money and run.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 28, 2011, 05:49:25 PM
Staging for distribution again. Buy GSB if you want to but be smart and don't get ********** ending holding the baby. Make your money and run.

Why run now when you can make more money from it by holding on to it abit more longer ? I am sure nobody is on contra in GSB case. RM4.4 million profit from hotel is already secured... how bad can GSB result be by end of this financial year, minimum also will make at least another 300% improvment vs last year. But of cos I am expecting RM8 million. Because they still have Laman Ara Utama and Courtyard Villa completing within this few month, money sure come in this financial year. Apart from that 3 factors, new projects will also be launching... I am not sure what is holding them up, the longer they delay means the more likely some big M&A might be happening. So no matter what it is... impossible cannot cross 20sen by end of this financial year.

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: hope on July 28, 2011, 05:51:27 PM
Thanks but no thanks
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: ongchef on July 28, 2011, 05:53:51 PM
Staging for distribution again. Buy GSB if you want to but be smart and don't get ********** ending holding the baby. Make your money and run.
:D :D :D........beras mau masak nasi sulah jali bubur,bubur lagi mau goring jali nasi bakar!!!  :thumbsdown: :'(:P
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: hope on July 28, 2011, 06:00:14 PM
Betul.... jangan kena bakar sebab sakit betul betul
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: seongneoh on July 28, 2011, 07:32:22 PM
Good news:

Announcement Details/Table Section :

The Board of Directors of GSB Group Berhad ("GSB") is pleased to announce that GSB's wholly-owned subsidiary, Serta Usaha Sdn Bhd had on 28 July 2011 entered into a Sales and Purchase Agreement with Apple Talk Sdn Bhd for the acquisition of a parcel of vacant freehold land. Kindly refer to the below attachment for further details of the acquisition of land.

This announcement is dated 28 July 2011.
 :thumbsup: :thumbsup:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Cals on July 28, 2011, 07:43:25 PM
wow that was fast bro  :clap:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: tajudinhelmikari on July 28, 2011, 08:33:28 PM
Good news:

Announcement Details/Table Section :

The Board of Directors of GSB Group Berhad ("GSB") is pleased to announce that GSB's wholly-owned subsidiary, Serta Usaha Sdn Bhd had on 28 July 2011 entered into a Sales and Purchase Agreement with Apple Talk Sdn Bhd for the acquisition of a parcel of vacant freehold land. Kindly refer to the below attachment for further details of the acquisition of land.

This announcement is dated 28 July 2011.
 :thumbsup: :thumbsup:

6 acres of rectangular flat piece of land at the same level with the surrounding housing estate. :D :D :D
Cost of land RM32+/ft :D :D
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 28, 2011, 09:30:06 PM

6 acres of rectangular flat piece of land at the same level with the surrounding housing estate. :D :D :D
Cost of land RM32+/ft :D :D

Yes!!! as you all can see, GSB is now starting to getting really serious :) soon they will be launching another project, this time in a matured area in Klang. Demand will be there for sure. 6 acres of rectangular land can build quite alot of houses or maybe something else... imagine, 6 football fields.

You can expect GSB GDV to hit above RM500 soon because Bentong is already RM300-RM400 million... Kelana Jaya JC ( unknown value ) plus this Klang Land soon will build something ( unknown value ).. easily hit past RM500 million GDV. I would not be surprised that GSB will release more of such announcement. As you can also see... they are very serious about property development.

You can expect them to grow as big or maybe even bigger than MAHSING sometime in the future. Dont take too lightly GSB, because they are the lagendary SIMA GROUP, now listed.


Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 28, 2011, 09:34:52 PM
its a freehold land somemore... I can assure you, this project when launched sure get 100% sold-out status.

Yes!!! as you all can see, GSB is now starting to getting really serious :) soon they will be launching another project, this time in a matured area in Klang. Demand will be there for sure. 6 acres of rectangular land can build quite alot of houses or maybe something else... imagine, 6 football fields.

You can expect GSB GDV to hit above RM500 soon because Bentong is already RM300-RM400 million... Kelana Jaya JC ( unknown value ) plus this Klang Land soon will build something ( unknown value ).. easily hit past RM500 million GDV. I would not be surprised that GSB will release more of such announcement. As you can also see... they are very serious about property development.

You can expect them to grow as big or maybe even bigger than MAHSING sometime in the future. Dont take too lightly GSB, because they are the lagendary SIMA GROUP, now listed.



Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Ļaughing Ģor on July 28, 2011, 09:35:31 PM
This is more detail lah

GSB Group Bhd’s wholly-owned subsidiary, Serta Usaha Sdn Bhd, has proposed to acquire 2.45 hectares of land in Klang, Selangor, for RM8 million from Apple Talk Sdn Bhd.

Serta Usaha is principally involved in property development, said GSB in a filing to Bursa Malaysia today.

It said the land is strategically located within the matured and established residential schemes of Klang namely Taman Chi Liung, Taman Bayu Emas and Taman Bayu Perdana.

Developments within the immediate neighbourhood of the land are residential and commercial in character comprising terrace houses, semi-detached houses, detached houses, apartments as well as shop offices, it said.

GSB said the acquisition will expand the group's land bank and for future expansion of the group’s property business segment.
-- Bernama
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Guesst on July 28, 2011, 09:37:16 PM
Yeah!!!!! :dancing: :dancing: :dancing: :dancing: :dancing: :dancing: :dancing: :dancing: :dancing: :dancing: :dancing: :dancing:

One UP for John and his Merry Men...  :rofl: :rofl: :rofl: :rofl: :rofl: :rofl:

SILENCE from predator and raider.... :phew: :phew: :phew: :phew: :phew:

GSB going going going UP tomorrow!!! :clap: :clap: :clap: :clap: :clap:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: tajudinhelmikari on July 28, 2011, 09:48:11 PM
Yes!!! as you all can see, GSB is now starting to getting really serious :) soon they will be launching another project, this time in a matured area in Klang. Demand will be there for sure. 6 acres of rectangular land can build quite alot of houses or maybe something else... imagine, 6 football fields.

You can expect GSB GDV to hit above RM500 soon because Bentong is already RM300-RM400 million... Kelana Jaya JC ( unknown value ) plus this Klang Land soon will build something ( unknown value ).. easily hit past RM500 million GDV. I would not be surprised that GSB will release more of such announcement. As you can also see... they are very serious about property development.

You can expect them to grow as big or maybe even bigger than MAHSING sometime in the future. Dont take too lightly GSB, because they are the lagendary SIMA GROUP, now listed.




This purchase will not have any material effect for the financial 2012 :D :D
So GSB is all about the potential, the potential in the future :D :D 8) 8) :D :D
Buy GSB today for the future :D :D :D :D
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: iiinvestsmart on July 28, 2011, 09:50:22 PM
This is more detail lah

GSB Group Bhd’s wholly-owned subsidiary, Serta Usaha Sdn Bhd, has proposed to acquire 2.45 hectares of land in Klang, Selangor, for RM8 million from Apple Talk Sdn Bhd.

Serta Usaha is principally involved in property development, said GSB in a filing to Bursa Malaysia today.

It said the land is strategically located within the matured and established residential schemes of Klang namely Taman Chi Liung, Taman Bayu Emas and Taman Bayu Perdana.

Developments within the immediate neighbourhood of the land are residential and commercial in character comprising terrace houses, semi-detached houses, detached houses, apartments as well as shop offices, it said.

GSB said the acquisition will expand the group's land bank and for future expansion of the group’s property business segment.
-- Bernama

The acquired land is not in a prime location.
The surrounding estates were long developed and people are moving out of them into newer estates.

Interestingly, this land transaction is yet another related party transaction.   :S
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Cals on July 28, 2011, 09:57:59 PM
good news indeed  :D
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: tajudinhelmikari on July 28, 2011, 10:11:56 PM
The acquired land is not in a prime location.
The surrounding estates were long developed and people are moving out of them into newer estates.

Interestingly, this land transaction is yet another related party transaction.   :S

Whatever location will not make you happy :sweat: :sweat: :sweat: :sweat:
People may be moving out and then there are other people moving in :D :D :D :D
New development in a mature area, with modern and innovative designs will attract yuppies :D :D :D :D
Then more younger and richer yuppies will be moving in :D :D :D :D
Someone has lost the sense of critical and rational thinking :D :D :D :D
You are just a mere human and you are imperfect and the Angel of Death will call you too :D :D :D
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 28, 2011, 10:13:54 PM
This purchase will not have any material effect for the financial 2012 :D :D
So GSB is all about the potential, the potential in the future :D :D 8) 8) :D :D
Buy GSB today for the future :D :D :D :D

I have been telling everyone, GSB is not about current valuation.. it is about the future. Buy GSB while it is still at its infant stage, this company has massive potential ahead of it... When it is finally fully grown sometime in the future, you will make a fortune out of your investment today.

You know why I am so confident of GSB ? Because it has SIMA GROUP as its backbone, GSB has a very capable and committed group of management team from SIMA GROUP. I have repeated this at least a hundred times, do not under estimate SIMA GROUP, although very low profile.. they are darn good.

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 28, 2011, 10:18:07 PM
The acquired land is not in a prime location.
The surrounding estates were long developed and people are moving out of them into newer estates.

Interestingly, this land transaction is yet another related party transaction.   :S

You are just going to missed making a fortune out of GSB. Prime or not, as long as they can make money out of it... it is a good piece of land. So far in my entire life, I have never seen properties that comes out from SIMA GROUP cannot find its buyers. This is a freehold land in a matured area... if you tell people this land is no good, better stop giving more "investment advice"
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: khamal59 on July 28, 2011, 11:03:48 PM
GSB going to go up up up tomorrow....hurray hurray...at least 0.05 everyday will be more than good ready.... :cash: :cash: :cash:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on July 28, 2011, 11:19:56 PM
The acquired land is not in a prime location.
The surrounding estates were long developed and people are moving out of them into newer estates.

Interestingly, this land transaction is yet another related party transaction.   :S

He...he...he...! Sima back to the old trick again, of gasak monies loh...! Confirm sima have cashflow problem loh...!
This type of raw agri land in klang with long gestation period should be Rm 20 psf but gsb pay Rm 37 psf loh...!
Veri .....veri expensive loh...! Take 7 yrs b4 can develop....don know will happen to GSB loh...!

This bagero sima sapu close to Rm 4m....xtra jack up cost...! So easy to con loh Sima...!

Pity the GSB minority shareholder loh....!
No wonder...GAN's brother....even GSB Rm 0.085 lari kuat kuat loh...! Now the puzzle all out loh...!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 28, 2011, 11:28:21 PM

Can you show proof of your claims... cannot proof a single thing.

Stockraider, just use the google satellite map and look for that location.. where got any plantations.. all the remaining lands in that area are serounded by houses and shops... nobody use those lands for agriculture purpose in that area anymore. This kind of land can easily converted into commercial land. That kind of location, 1 acre also can build properties worth more than RM8 million. We are talking about 6 acres.



He...he...he...! Sima back to the old trick again, of gasak monies loh...! Confirm sima have cashflow problem loh...!
This type of raw agri land in klang with long gestation period should be Rm 20 psf but gsb pay Rm 37 psf loh...!
Veri .....veri expensive loh...! Take 7 yrs b4 can develop....don know will happen to GSB loh...!

This bagero sima sapu close to Rm 4m....xtra jack up cost...! So easy to con loh Sima...!

Pity the GSB minority shareholder loh....!
No wonder...GAN's brother....even GSB Rm 0.085 lari kuat kuat loh...! Now the puzzle all out loh...!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 28, 2011, 11:30:30 PM
I am very very tired and sick of this stockraider.. day in, day out.... SIMA GROUP con money from GSB BUT he cannot show me a single proof. This is the worse liar in this forum. Caught so many times with his lies, still so thick skin around here.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on July 28, 2011, 11:34:22 PM
Can you show proof of your claims... cannot proof a single thing.

Stockraider, just use the google satellite map and look for that location.. where got any plantations.. all the remaining lands in that area are serounded by houses and shops... nobody use those lands for agriculture purpose in that area anymore. This kind of land can easily converted into commercial land. That kind of location, 1 acre also can build properties worth more than RM8 million. We are talking about 6 acres.



Talking * loh...! According to 009 investigation team this type of land Rm 15-20 psf loh...!
1 acre can only build 16 houses only....loh...! Assume can sell Rm 250k......so max Rm 4m loh...!
So 6 acres.....can only get Rm 24m only loh...! Land veri expensive loh...! Don forget 10% bumi discount not factor in loh...!
Sima again sapu monies loh...!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on July 28, 2011, 11:52:24 PM
He...he...he...! Sima back to the old trick again, of gasak monies loh...! Confirm sima have cashflow problem loh...!
This type of raw agri land in klang with long gestation period should be Rm 20 psf but gsb pay Rm 37 psf loh...!
Veri .....veri expensive loh...! Take 7 yrs b4 can develop....don know will happen to GSB loh...!

This bagero sima sapu close to Rm 4m....xtra jack up cost...! So easy to con loh Sima...!

Pity the GSB minority shareholder loh....!
No wonder...GAN's brother....even GSB Rm 0.085 lari kuat kuat loh...! Now the puzzle all out loh...!

Guys...! Just think logically loh...! GSB suppose to be a JV king mah...! Just think about it loh...! GSB suppose to JV with many land owner loh...!

But surprising loh...! Why ah with related party no joint venture but must pay cash ah ? All point to sima cashflow problem and need to sapu cash from gsb loh....! Veri logical explanation loh...!

Investlah members.....please think loh...! Don get con loh...! This deal is value destruction loh...!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 28, 2011, 11:54:11 PM
Talking * loh...! According to 009 investigation team this type of land Rm 15-20 psf loh...!
1 acre can only build 16 houses only....loh...! Assume can sell Rm 250k......so max Rm 4m loh...!
So 6 acres.....can only get Rm 24m only loh...! Land veri expensive loh...! Don forget 10% bumi discount not factor in loh...!
Sima again sapu monies loh...!

cannot build shops or condos ? just build 8 shop lots on the 1 acre land, one shoplot cheap sale RM1 million... 8 shop lots already RM8 million.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Oly Shyte on July 28, 2011, 11:54:55 PM
GSB GROUP BERHAD
- GENERAL ANNOUNCEMENT
Page 1 of 5
Acquisition of a Parcel of Vacant Freehold Land for a Total Consideration of RM8,000,000.00 (“the Acquisition”)
1.0 Introduction
The Board of Directors of GSB Group Berhad (“GSB” or “the Company”) is pleased to announce that GSB’s wholly-owned subsidiary, Serta Usaha Sdn. Bhd. (Company No. 116386-U) (“Serta Usaha” or “Purchaser”) has on 28 July 2011 entered into a Sale and Purchase Agreement (“SPA”) with Apple Talk Sdn. Bhd. (Company No. 460729-T) (“ATSB” or “Vendor”) for the purchase by Serta Usaha from the Vendor, a parcel of freehold vacant land held under GM 5148, Lot 791, Mukim Klang, Tempat Telok Gadong Road, Daerah Klang, Selangor Darul Ehsan with a land area measuring approximately 2.4534 hectares (“the said Land”) for a total cash consideration sum of Ringgit Malaysia Eight Million (RM8,000,000.00) only (“Purchase Consideration”)(“Acquisition”).
2.0 Background Information
2.1 Information on Serta Usaha
Serta Usaha, a company incorporated in Malaysia with its registered office at Suite 2110, 21st Floor, Plaza Permata (formerly known as IGB Plaza), No.6, Jalan Kampar, 50400 Kuala Lumpur and having a place of business at No. 27, Jalan SS 23/11, Taman SEA, 47400 Petaling Jaya, Selangor Darul Ehsan. Its authorized share capital is RM15,000,000 comprising 15,000,000 ordinary shares of RM1.00 each, of which RM9,500,000 comprising 9,500,000 ordinary shares of RM1.00 each have been issued and fully paid-up.
Serta Usaha is principally involved in the property development.
2.2 Information on ATSB
ATSB, a company incorporated in Malaysia with its registered office at 20-M, Lorong Gopeng, 41400 Klang, Selangor Darul Ehsan and having a place of business at 107, Lebuh Turi, Off Persiaran Raja Muda Musa, Taman Chi Liung, 41200 Klang, Selangor Darul Ehsan. Its authorized share capital is RM100,000 comprising 100,000 ordinary shares of RM1.00 each, of which RM300 comprising 300 ordinary shares of RM1.00 each have been issued and fully paid-up.
ATSB is currently inactive and is the registered proprietor of the said Land.
2.3 Information on the said Land under Acquisition
Details of the said Land are as below:-
Title No. : Individual Title known as GM 5148 Lot 791, Mukim Klang, Tempat Telok Gadong Road, Daerah Klang, Negeri Selangor (“the said Land)
Area of the said Land : Approximately 2.4534 hectares (6 Acres 0 Rood 10.0000 Pole)
Tenure : Freehold
Other Conditions : Category of Land Use – “Pertanian”
GSB GROUP BERHAD
- GENERAL ANNOUNCEMENT
Page 2 of 5
Express Condition – “Tanaman Am”
Registered Owner : Apple Talk Sdn. Bhd. (“ATSB”)(“Vendor”)
Encumbrances : Free from encumbrances
2.4 Basis of Arriving at the Purchase Consideration
The Purchase Consideration of RM8,000,000.00 was arrived at on a willing
buyer-willing seller basis, free from all claims, liens, charges and encumbrances
and with vacant possession. Notwithstanding the above mentioned, the Company
has engaged Raine & Horne International Zaki + Partners Sdn Bhd (“Raine &
Horne”) to estimate the Market Value of the the said Land in accordance with
Malaysian Valuation Standards. Based on the Certificate of Valuation (“CV”)
issued by Raine & Horne, the Market Value of the Land is RM8,500,000.00 which
is analysed at RM32.19 per square foot.
2.5 Source of Financing for the Purchase Consideration
The Purchase Consideration for the Acquisition will be funded through external
borrowings and internally generated funds of the Company.
2.6 Liabilities to be Assumed
There are no contingent liabilities or guarantees to be assumed by Serta Usaha
arising from the Acquisition.
2.7 Prospects of the Acquisition
The said Land is strategically located within the matured and established
residential schemes of Klang namely Taman Chi Liung, Taman Bayu Emas and
Taman Bayu Perdana. Developments within the immediate neighbourhood of the
said Land are residential and commercial developments in character comprised of
terrace houses, semi-detached houses, detached houses, apartments as well as
shop offices.
The said Land has good prospects for residential development. It is almost
rectangular in shape, generally flat in physical terrain and lies at the same level
as the neighbourhood developments. Currently the site is vacant, cleared and
grown with grasses and is ready for immediate construction.
The said Land is sited on the second layer from the main access road namely
Jalan Baru Unjur. Access to the said Land from Kuala Lumpur city centre and
Klang town is via the Federal Highway and thence onto Persiaran Sultan Ibrahim,
Jalan Jambatan Kota, Persiaran Raja Muda Musa finally onto Jalan Batu Unjur.
Alternatively the said Land is also accessible from Kuala Lumpur city centre via
KESAS Expressway and thence onto Jalan Langat before turning onto Jalan Batu
Unjur for approximately 1.8 kilometres before reaching to the said Land.
3.0 Salient Terms of the Acquisition
The salient terms and conditions of the Acquisition, as set out in the SPA, inter
alia, are as follows:-
GSB GROUP BERHAD
- GENERAL ANNOUNCEMENT
Page 3 of 5
(i) The Company shall pay the Purchase Consideration of RM8,000,000.00 in the following manner:-
(a) The Two percent (2%) Earnest Deposit, amounts to Ringgit Malaysia One Hundred And Sixty Thousand (RM160,000.00) only being part of the Deposit Sum paid to the Vendor’s Solicitors as stakeholders prior to the execution of the SPA and to be released to the Vendor upon execution of the SPA;
(b) The Six percent (6%) amounts to Ringgit Malaysia Four Hundred and Eighty Thousand (RM480,000-00) only being part of the Deposit Sum payable to the Vendor upon execution of the SPA;
(c) The balance Two percent (2%) amounts to Ringgit Malaysia One Hundred and Sixty Thousand (RM160,000-00) only being part of the Deposit Sum payable to the Purchaser’s Solicitors as stakeholder being the Retention Sum for the Real Property Gains Tax purpose as provided under Clause 15 of the SPA upon execution of the SPA; and
(d) The Balance Purchase Consideration of Ringgit Malaysia Seven Million And Two Hundred Thousand (RM7,200,000.00) only being ninety per cent (90%) of the Purchase Consideration shall be paid to the Vendor’s Solicitors as stakeholders on or before the Completion Date or Extended Completion Date, as the case may be, which is within four (4) months from the date of the SPA. If the Balance Purchase Price is not paid in full on or before the Completion Date, ATSB shall automatically grant to Serta Usaha an extension of one (1) month from the Completion Date to complete the transaction PROVIDED THAT Serta Usaha shall pay to the Vendor interest at the rate of 8% per annum on the balance unpaid commencing from the next day following the Completion Date until full payment of the balance unpaid.
(ii) The Vendor agrees to sell and Serta Usaha agrees to purchase the said Land at the Purchase Consideration and free from all claims, liens, charges and encumbrances with vacant possession, subject to the terms and conditions and stipulations contained in the SPA.
4.0 Financial Effects of the Proposed Development
4.1 Share Capital and Substantial Shareholders’ shareholdings
The Acquisition does not have any effect on the issued and paid-up share capital and Substantial Shareholders’ shareholdings in GSB.
4.2 Earnings Per Share
The Acquisition does not have any material effect on the earnings per share of the Company for the financial year ending 31 March 2012.
4.3 Net Assets Per Share
The Acquisition does not have any material effect on the net assets per share of the Company.
4.4 Gearing Per Share
GSB GROUP BERHAD
- GENERAL ANNOUNCEMENT
Page 4 of 5
The gearing per share will increase accordingly as the Acquisition may be part financed vide external borrowing and the balance, internally generated funds.
5.0 Rationale for the Proposed Development
The Acquisition will expand GSB and its subsidiaries (“GSB Group”) land bank and future expansion of GSB Group’s property business segment.
6.0 Risk Factors
The risks associated with the Acquisition are mainly those relating to political, general economic outlook of the property market, business and investment risks commonly associated with land acquisition which may not be within the direct control of the management of GSB Group.
7.0 Approvals Required
The Acquisition is in the ordinary course of GSB Group’s business and not subject to the approval of the shareholders and the relevant government authorities.
8.0 Highest Percentage Ratio Applicable to the Acquisition Pursuant to Paragraph 10.02(g) of the MMLR
The highest percentage ratio applicable to the Acquisition pursuant to Paragraph 10.02(g) of the MMLR is 21.1%.
9.0 Estimated Time Frame for Completion
Barring any unforeseen circumstances, the Acquisition is expected to be completed within four (4) months from the date of the SPA.
10.0 Directors’ and/or Major Shareholders’ Interest
None of the Directors and/or Major Shareholders of GSB and/or persons connected with them has any interest, direct or indirect, in the Acquisition.
11.0 Directors' Recommendation
The Board of Directors of GSB, having considered the rationale, risks, financial and all other aspects of the Acquisition, the Board is of the opinion that the Acquisition is in the best interest of GSB Group.
12.0 Compliance with the Securities Commission’s Policies and Guidelines on Issue / Offer of Securities
To the best knowledge of the Directors of GSB, the Acquisition has not departed from the Securities Commission’s Policies and Guidelines on Issue/Offer of Securities.
13.0 Documents Available for Inspection
Copies of the following documents are available for inspection at the Registered Office of GSB at Level 8, Symphony House, Block D13, Pusat Dagangan Dana 1, Jalan PJU 1A/46, 47301 Petaling Jaya, Selangor Darul Ehsan from Monday to Friday (except public holidays) during normal business hours for a period of fourteen (14) days from the date of this announcement:-
GSB GROUP BERHAD
- GENERAL ANNOUNCEMENT
Page 5 of 5
i) Sale and Purchase Agreement dated 28 July 2011;
ii) Certificate of Valuation dated 27 July 2011; and
iii) Audited financial statement of GSB for the financial year ended 31 March 2011.
This announcement is dated 28 July 2011.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on July 28, 2011, 11:59:56 PM
cannot build shops or condos ? just build 8 shop lots on the 1 acre land, one shoplot cheap sale RM1 million... 8 shop lots already RM8 million.

In this type of area....shophouse can get Rm 600k...that price already good loh...! So can get max Rm 4.8m per acre loh...!
Condos....this type of area can sell for Rm 90k to Rm 140k.....plot ratio max 40 only Rm 5.2m but b4 bumi discount loh...!
Still veri expensive land loh...!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Ļaughing Ģor on July 29, 2011, 12:01:06 AM
In this type of area....shophouse can get Rm 600k...that price already good loh...! So can get max Rm 4.8m per acre loh...!
Condos....this type of area can sell for Rm 90k to Rm 140k.....plot ratio max 40 only Rm 5.2m but b4 bumi discount loh...!
Still veri expensive land loh...!
Based on the Certificate of Valuation (“CV”)
issued by Raine & Horne, the Market Value of the Land is RM8,500,000.00 which
is analysed at RM32.19 per square foot.

Seems like a bargain leh....
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: iiinvestsmart on July 29, 2011, 12:07:43 AM
Whatever location will not make you happy :sweat: :sweat: :sweat: :sweat:
People may be moving out and then there are other people moving in :D :D :D :D
New development in a mature area, with modern and innovative designs will attract yuppies :D :D :D :D
Then more younger and richer yuppies will be moving in :D :D :D :D
Someone has lost the sense of critical and rational thinking :D :D :D :D
You are just a mere human and you are imperfect and the Angel of Death will call you too :D :D :D

Related party transactions.
Agricultural land in Klang is presently transacted anywhere between 500,000 to 700,000 per acre.
The location stated is already a built up area of many decades.
It is surrounded by residential houses.
As was stated by the valuer, this location is suitable for RESIDENTIAL.  Why was I not surprised? 
Bukit Tinggi and many new development projects are nearby.
These new areas are popular and where this land is located, people are ACTUALLY moving into these new areas.  That is, they are relocating.

The above are factual.
What worries the investor should be once again, asset is injected into GSB for cash by a related party.
What is the cash flow projections for GSB for the next few years?
Do you wish to own a company that will soon be raising more cash through debts or a rights issues?
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on July 29, 2011, 12:09:13 AM
Based on the Certificate of Valuation (“CV”)
issued by Raine & Horne, the Market Value of the Land is RM8,500,000.00 which
is analysed at RM32.19 per square foot.

Seems like a bargain leh....

What method raine horne use ? Is it comparative method or development profit method in order to derive the value ?

Dangerous loh !!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: iiinvestsmart on July 29, 2011, 12:17:40 AM
There is already a big oversupply of shops and residential properties in the nearby Bayu Perdana and Taman Chi Liung areas.  There are also many vacant buildings.  The rental income isn't enticing either.

6 acres development is yet again a small project.  Probably the best for GSB is to build some decent residential home.  I wonder which type will sell in that location.  Forget about shop houses (already too many in the surroundings) or commercial buildings (too small a project).

In my opinion, property cycle has probably peaked at the beginning of this year.  The interest rate will probably need to be increased going forward to counter inflation.  Already many projects approved the last 2 years are coming on-stream.   It is a matter of time when the supply-demand equation turns against the developers.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: tajudinhelmikari on July 29, 2011, 12:19:12 AM
Related party transactions.
Agricultural land in Klang is presently transacted anywhere between 500,000 to 700,000 per acre.
The location stated is already a built up area of many decades.
It is surrounded by residential houses.
As was stated by the valuer, this location is suitable for RESIDENTIAL.  Why was I not surprised? 
Bukit Tinggi and many new development projects are nearby.
These new areas are popular and where this land is located, people are ACTUALLY moving into these new areas.  That is, they are relocating.

The above are factual.
What worries the investor should be once again, asset is injected into GSB for cash by a related party.
What is the cash flow projections for GSB for the next few years?
Do you wish to own a company that will soon be raising more cash through debts or a rights issues?

To you your sincerity, why not start to promote a counter :D :D :handshake: :handshake:
I don't see the point of be so negative on GSB and by all means, express it once or twice clearly :D :D :clap: :clap:
There is no necessity to keep on harping repeatedly :thumbsdown: :thumbsdown:
Every one jump into a counter at one's risks :D :D :D :D
Respect must be earned and not be force through the throat because it will vomit out with a bitter taste :sweat: :phew: :handshake: :D
Help us and guide us and if there is nothing good to say, just don't say :D :D :thumbsup: :thumbsup: :handshake: :handshake: :D :D
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: tajudinhelmikari on July 29, 2011, 12:27:52 AM
There is already a big oversupply of shops and residential properties in the nearby Bayu Perdana and Taman Chi Liung areas.  There are also many vacant buildings.  The rental income isn't enticing either.

6 acres development is yet again a small project.  Probably the best for GSB is to build some decent residential home.  I wonder which type will sell in that location.  Forget about shop houses (already too many in the surroundings) or commercial buildings (too small a project).

In my opinion, property cycle has probably peaked at the beginning of this year.  The interest rate will probably need to be increased going forward to counter inflation.  Already many projects approved the last 2 years are coming on-stream.   It is a matter of time when the supply-demand equation turns against the developers.

Malaysia is over producing young medical graduates and yet we have shortage of medical consultants.
If there is an over supply of of shop houses and residential home, it will be good for the rakyat who will be able to buy their house at a cheaper price and if the project fails, let GSB becomes PN 17 and some PN 17 are worth more than 10 sen a share.
You leave GSB and start one counter, even KLK, BAT and even Dutch Lady :D :D :clap: :clap: :handshake: :handshake:
Is that too much to ask?????
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 12:35:05 AM
Not all properties are the same, you must know what they are building. SIMA GROUP is also famous for their innovation besides their legendary quality.

Did anyone predict they will be able to design Kelana Parklane projects into such an unique property ? Can anyone imagine they can build such a unique condo ( Lama Ara Utama ) in a iregular shaped land, leasehold and in the middle of a Malay kampung area near Bandar Utama and still gets 100% sold out.

6 acres of land are not small, it is quite close to the size of the Kelana Parklane Phase 1 Project. If you think they are going to build some plain properties, I guess u will be in for a surprise. Dont worry about over supply of properties, if your property is attractive enough and have a competative edge, people will still buy regardless of over supply or not.

Here again both iinvestsmart and Stockraider failed to see the point... this piece of land will not make GSB super rich, what does this peice of land deal really means ? It means GSB is serious about property development and they are getting more aggressive in the property business. Just barely 1 month ago they landed with a JV project, they are now buying a parcel of land for for more property development. You can surely expect more to come from them in the future... and how long can GSB share price continue to stay this cheap. I doubt it can stay this cheap much longer because its future is very very promosing with them getting more aggressive now and with the backing of the SIMA GROUP.


There is already a big oversupply of shops and residential properties in the nearby Bayu Perdana and Taman Chi Liung areas.  There are also many vacant buildings.  The rental income isn't enticing either.

6 acres development is yet again a small project.  Probably the best for GSB is to build some decent residential home.  I wonder which type will sell in that location.  Forget about shop houses (already too many in the surroundings) or commercial buildings (too small a project).

In my opinion, property cycle has probably peaked at the beginning of this year.  The interest rate will probably need to be increased going forward to counter inflation.  Already many projects approved the last 2 years are coming on-stream.   It is a matter of time when the supply-demand equation turns against the developers.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: demonlsy on July 29, 2011, 01:04:11 AM
In this type of area....shophouse can get Rm 600k...that price already good loh...! So can get max Rm 4.8m per acre loh...!
Condos....this type of area can sell for Rm 90k to Rm 140k.....plot ratio max 40 only Rm 5.2m but b4 bumi discount loh...!
Still veri expensive land loh...!

condo cannot be 140k that cheap lar.
at least 200k also liao lor.
the corner house landed was selling at 600k near taman chi leung lor.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 01:10:44 AM
condo cannot be 140k that cheap lar.
at least 200k also liao lor.
the corner house landed was selling at 600k near taman chi leung lor.

it does not matter, stockraider is just trying to divert the issue. The issue here is... GSB is going aggresively into property development business and that is exactly what we want to see. They might just land themseif with something really big in the future because they have the reputation and capabilities to handle any kind of property projects.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: sockz on July 29, 2011, 09:13:22 AM
nice, good to see another announcement related to property development by GSB...heading towards the right direction... 8)
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 09:16:38 AM
With this new piece of land at a decent matured neighbourhood, 6 acres of land is quite decent in size, again same like the new Kelana Jaya JV project, type of property and value of the project is yet to be announced.  Not matter what it is.. that will already give answer to concerns that the hotel sales in 2011, GSB will not be able to produce similar profits again.

Just look at the number or projects already in hand today in 2011 which are lining up for 2012... profits could easily surpasss the hotel sales profits. Still half a year to go, they still have plenty of time to secure more projects into the future. If you look at their share price, 10sen ? it is unbelievable cheap. Projects in hand could easily hit RM500 million GDV ( although hard to predict because project details are not known yet for 2 of their new projects ). You surely can expect more announcement from GSB... impossible GSB can stay very long at 10sen.

Not just projects but we must also look at GSB capabilities... they have SIMA GROUP backing, the will have no troubles completing all the projects and get all of them sold-out because of high quality and its innovation and practical, this is a proven facts for the past 40 years. Any project they launched, you can be assured of profits.. it is just matter of how aggresive they want to get. Apart from capabilties and brains, they also have also proven to be very sincere and committed.. just look at how the management team reduce their own pay for the sake of the company and shareholder... Look at the directors fee and benefits table below, an amazing display of commitment. You can surely sleep well know that your investment is taken care by these group of people.

Annual Report 2007, RM637,300
Annual Report 2008, RM473,004 - Management from SIMA GROUP took over
Annual Report 2009, RM448,118
Annual Report 2010, RM282,300
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: ongchef on July 29, 2011, 09:18:51 AM
 :) :) :)......lcth sorhais sulah jumpa sang-hai,lanti sulah habis  masuk gulliotines,4000 ulafart mali loh!!!  :P
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: ongchef on July 29, 2011, 09:24:32 AM
 ;) ;) ;)......I TOLD U SO!!!....simalam ah dow hijau pi lousai,ini malam sama eulope :phew: :phew: :phew:.....awan sana happi full house sampai monday!!! :thumbsup:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 09:37:15 AM
According to the notes

http://announcements.bursamalaysia.com/EDMS/edmsweb.nsf/LsvAllByID/63ECDCAFFEF3045A482578DB003C099D?OpenDocument

2.7 Prospects of the Acquisition
The said Land is strategically located within the matured and established residential schemes of Klang namely Taman Chi Liung, Taman Bayu Emas and Taman Bayu Perdana. Developments within the immediate neighbourhood of the said Land are residential and commercial developments in character comprised of terrace houses, semi-detached houses, detached houses, apartments as well as shop offices.


This agriculture land status is not really an issue, just look at the neighbourhood... conversion willl be very easy. This land is not located in the plantation area, it is right in the middle a very matured housing area. Just dont know which piece of land it is... but location is excellent for a RM8 million purchase. Impossible cannot make good money out of that land.

this is a google settelite map ( you can do your own search if worry I doctored the entire map ) on that location I only circled the 3 mentioned names in the PDF file. That piece of land should be around there.

(http://i1105.photobucket.com/albums/h342/johnmaster1111/klang_land.jpg?t=1311902913)

look at the center left of that picture, there is even a commuter train station nearby. Futher down, righ hand corder, Giant Hypermarket is also there. Top right hand corder TEngku Ampuan Rahimah Hospital is also nearby. Again, it is impossible they cannot make good money out of this project.

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: demonlsy on July 29, 2011, 09:43:32 AM
as mention in other thread before definitely a good peice of land in teluk gadond, just wait for the project to get started lor
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 09:45:23 AM
if you are still thinking about selling your GSB shares better think hard... not even halfway through this financial year, they already secured 2 new incoming projects for the future, both in excellent location that we are assured of 100% sales. Value wise, we are not sure yet but fact is, GSB are getting more aggressive than before especially in property development business, reminds me of MAHSING at their infant stage. Except that GSB has far more firepower with SIMA GROUP as their backbone. They have all these with whatever money they have and yet they have not raise a single sen from KLSE, not even IPO, not even backdoor listing. Can you imagine what they can do if they were to tap into the capital market for money ?
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 09:47:46 AM
as mention in other thread before definitely a good peice of land in teluk gadond, just wait for the project to get started lor

Predator and Stockraider says that land is no good. These two fellow is so obvious... they are trying to find non-existance faults with GSB.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on July 29, 2011, 09:51:57 AM
He...he...he...! Raider veri experience....smell rat when raider see one loh....!

Just don be stupid loh.........it is obvious * deal loh.........!

This John.........try to divert loh..........by asking for evidence loh.........!
But is it necessary loh ?...............!
The fact is :
Bentong still no income after 5 yrs...........is ^ ****.........!
GSB still lose money after 5 yrs-------veri bad loh..........!
All these ..........land due.........had long gestation..........and done at high price loh.........!
Hotel..........disposal..........monies ......will disappear loh..............!
Next stage  Sima will ask for rights issue loh........! Then borrow heavily.........to bankruptcy loh..........!

The fact is GSB result is lousy.............just like the last student in the class mah.............no need to justify..........why this student should be top student mah..........until result...........show..........he is really good loh.........!

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 10:01:41 AM
My answer to Stockraider is.... he is nothing but *$t!!! you know why he cannot show proof, becuase he is lying. He simply create negative impression on GSB and create fear into people with lies.

GSB not only an excellent investment it also exposed the #1 conman in investlah forum, Stockraider. Stockraider risk his entire conman future in investlah for the sake of a 10sen counter, because he knows this conter alone is good enough for him to retire as a conman. To him reputation gone also nevermind since he can retire rich with GSB. Unfortunately he is going to miss the GSB boat. Hopefully GSB will shoot up before he can grab any GSB shares, he will then retire as a conman without gaining anything from GSB. 

He...he...he...! Raider veri experience....smell rat when raider see one loh....!

Just don be stupid loh.........it is obvious * deal loh.........!

This John.........try to divert loh..........by asking for evidence loh.........!
But is it necessary loh ?...............!
The fact is :
Bentong still no income after 5 yrs...........is ^ ****.........!
GSB still lose money after 5 yrs-------veri bad loh..........!
All these ..........land due.........had long gestation..........and done at high price loh.........!
Hotel..........disposal..........monies ......will disappear loh..............!
Next stage  Sima will ask for rights issue loh........! Then borrow heavily.........to bankruptcy loh..........!

The fact is GSB result is lousy.............just like the last student in the class mah.............no need to justify..........why this student should be top student mah..........until result...........show..........he is really good loh.........!


Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on July 29, 2011, 10:05:02 AM
He...he...he...! Raider veri experience....smell rat when raider see one loh....!

Just don be stupid loh.........it is obvious * deal loh.........!

This John.........try to divert loh..........by asking for evidence loh.........!
But is it necessary loh ?...............!
The fact is :
Bentong still no income after 5 yrs...........is ^ ****.........!
GSB still lose money after 5 yrs-------veri bad loh..........!
All these ..........land due.........had long gestation..........and done at high price loh.........!
Hotel..........disposal..........monies ......will disappear loh..............!
Next stage  Sima will ask for rights issue loh........! Then borrow heavily.........to bankruptcy loh..........!

The fact is GSB result is lousy.............just like the last student in the class mah.............no need to justify..........why this student should be top student mah..........until result...........show..........he is really good loh.........!


The fact is GSB is lousy loh.......! Why bcos SIMA a conman loh ?
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on July 29, 2011, 10:10:58 AM
My answer to Stockraider is.... he is nothing but *$t!!! you know why he cannot show proof, becuase he is lying. He simply create negative impression on GSB and create fear into people with lies.

GSB not only an excellent investment it also exposed the #1 conman in investlah forum, Stockraider. Stockraider risk his entire conman future in investlah for the sake of a 10sen counter, because he knows this conter alone is good enough for him to retire as a conman. To him reputation gone also nevermind since he can retire rich with GSB. Unfortunately he is going to miss the GSB boat. Hopefully GSB will shoot up before he can grab any GSB shares, he will then retire as a conman without gaining anything from GSB. 


Don fall for a conman trick asking u to give evidence loh....!
This is are Standard Conman Operating procedure of a conman when they are in a spot loh........!
Just like when u know.......proton quality is lousy so u opt for perodua.......do u need to give evidence why proton is lousy ?

The fact........is bentong after 5 yrs no income and GSB lose monies last qtr..........is already evidence & fact that GSB is lousy loh......!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: unwearied on July 29, 2011, 10:33:41 AM
He...he...he...! Sima back to the old trick again, of gasak monies loh...! Confirm sima have cashflow problem loh...!
This type of raw agri land in klang with long gestation period should be Rm 20 psf but gsb pay Rm 37 psf loh...!
Veri .....veri expensive loh...! Take 7 yrs b4 can develop....don know will happen to GSB loh...!

This bagero sima sapu close to Rm 4m....xtra jack up cost...! So easy to con loh Sima...!

Pity the GSB minority shareholder loh....!
No wonder...GAN's brother....even GSB Rm 0.085 lari kuat kuat loh...! Now the puzzle all out loh...!

Shut up, if you know nuts! what agri land? its a fully developed place. jz STFU. dont proclaim nonsense!

but in fact it is true that the place its in mature, people are moving out to the place,

nonetheless, the place still highly populated.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on July 29, 2011, 10:37:03 AM
There is already a big oversupply of shops and residential properties in the nearby Bayu Perdana and Taman Chi Liung areas.  There are also many vacant buildings.  The rental income isn't enticing either.

6 acres development is yet again a small project.  Probably the best for GSB is to build some decent residential home.  I wonder which type will sell in that location.  Forget about shop houses (already too many in the surroundings) or commercial buildings (too small a project).

In my opinion, property cycle has probably peaked at the beginning of this year.  The interest rate will probably need to be increased going forward to counter inflation.  Already many projects approved the last 2 years are coming on-stream.   It is a matter of time when the supply-demand equation turns against the developers.
Expensive land...! Declining location...! Thats why conman Sima.........pass to GSB loh....! And make a profit on land loh..!
He...he...he...! Veri stupid loh....! John cheering on loh...! Conman agent mah....!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 10:39:17 AM
Let me answer his lies again, unbelieveable character, every single points raised by him are either manipulation or lies... I have to crown Stockraider the King of lies in this forum

Stockraider says (A) Bentong still no income after 5 yrs...........is ^ ****.........!

Bentong acquisition is completed only in April 2010. How does Stockraider get the 5 years profit into GSB accounts ? Anything before Apr 2010 does not belong to GSB. There is only 1 small project in bentong, that is Courtyard villa, launched in 2009.  

here are the proof stockraider caught lying again.
1. http://announcements.bursamalaysia.com/edms/edmswebh.nsf/LsvAllByID/482576120041BDAA482577110033DAE9?OpenDocument
2. http://www.sima.com.my/index.php?option=com_content&view=article&id=3&Itemid=25[/color]


Stockraider says (B) GSB still lose money after 5 yrs-------veri bad loh..........!

GSB started to take control over SMSUMMIT only in 2007, in 2008 only they manage to have full control over GSB. The losses back then was from SMSUMMIT dying business, cassete tape manufacturing. GSB was reducing the loss every single year with massive growth each year and finally GSB is profitable in 2010...

Full Year ( Profit/Loss )
2008 = -4,765K
2009 = -3,788K
2010 = -879K
2011 = 1,629K = Latest ( improved around 300% vs last year, best result in the past 4 years, turns profitable )

Another lie from Stockraider, he says GSB still making loss but facts are showing 2011 is a profitable year


Stockraider says (C) All these ..........land due.........had long gestation..........and done at high price loh.........!

RM8 million for a 6 acres of land in this location bad ? Another attempt to manipulate good news into bad by Stockraider

http://announcements.bursamalaysia.com/EDMS/edmsweb.nsf/LsvAllByID/63ECDCAFFEF3045A482578DB003C099D?OpenDocument
2.7 Prospects of the Acquisition
The said Land is strategically located within the matured and established residential schemes of Klang namely Taman Chi Liung, Taman Bayu Emas and Taman Bayu Perdana. Developments within the immediate neighbourhood of the said Land are residential and commercial developments in character comprised of terrace houses, semi-detached houses, detached houses, apartments as well as shop offices.

(http://i1105.photobucket.com/albums/h342/johnmaster1111/klang_land.jpg?t=1311902913)


Stockraider says (D) Hotel..........disposal..........monies ......will disappear loh..............!
Another wild lies by stockraider without any proof... if you say money stolen, proof it


Stockraider says (E) Next stage  Sima will ask for rights issue loh........! Then borrow heavily.........to bankruptcy loh....

 RM16 million cash on hand vs RM2.455 million  bank borrrowings he called "borrow heavily....... to bankruptcy " haahaha what joke.
Another proof of manipulation and lies from from stockraider.  

here is the proof, read the notes from EGM... page 10, look at the table... bank borrowings is reduced to RM2.455 million.
http://announcements.bursamalaysia.com/edms/edmswebh.nsf/LsvAllByID/482576120041BDAA4825788F0036EA14?OpenDocument

and finally an attempt from stockraider downplay what obviously must happen sometime in the future.

Surely one day GSB will raise funds via KLSE to grow, they have never raise a single sen from GSB since their listing day ( backdoor listing ) it is already 4 long years, not a single sen is raised via KLSE. Can Stockraider tell me which company in KLSE that has never raised a single sen from KLSE after 4 years being listed ? GSB is probably the only one!!! I have never seen a company does so much for the sake of their shareholders.

In fact they should be doing this long ago, they should raise fund to accelerate their growth
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: unwearied on July 29, 2011, 10:47:00 AM
Let me answer his lies again, unbelieveable character, every single points raised by him are either manipulation or lies... I have to crown Stockraider the King of lies in this forum

Stockraider says (A) Bentong still no income after 5 yrs...........is ^ ****.........!

Bentong acquisition is completed only in April 2010. How does Stockraider get the 5 years profit into GSB accounts ? Anything before Apr 2010 does not belong to GSB. There is only 1 small project in bentong, that is Courtyard villa, launched in 2009.  

here are the proof stockraider caught lying again.
1. http://announcements.bursamalaysia.com/edms/edmswebh.nsf/LsvAllByID/482576120041BDAA482577110033DAE9?OpenDocument
2. http://www.sima.com.my/index.php?option=com_content&view=article&id=3&Itemid=25[/color]


Stockraider says (B) GSB still lose money after 5 yrs-------veri bad loh..........!

GSB started to take control over SMSUMMIT only in 2007, in 2008 only they manage to have full control over GSB. The losses back then was from SMSUMMIT dying business, cassete tape manufacturing. GSB was reducing the loss every single year with massive growth each year and finally GSB is profitable in 2010...

Full Year ( Profit/Loss )
2008 = -4,765K
2009 = -3,788K
2010 = -879K
2011 = 1,629K = Latest ( improved around 300% vs last year, best result in the past 4 years, turns profitable )

Another lie from Stockraider, he says GSB still making loss but facts are showing 2011 is a profitable year


Stockraider says (C) All these ..........land due.........had long gestation..........and done at high price loh.........!

RM8 million for a 6 acres of land in this location bad ? Another attempt to manipulate good news into bad by Stockraider

http://announcements.bursamalaysia.com/EDMS/edmsweb.nsf/LsvAllByID/63ECDCAFFEF3045A482578DB003C099D?OpenDocument
2.7 Prospects of the Acquisition
The said Land is strategically located within the matured and established residential schemes of Klang namely Taman Chi Liung, Taman Bayu Emas and Taman Bayu Perdana. Developments within the immediate neighbourhood of the said Land are residential and commercial developments in character comprised of terrace houses, semi-detached houses, detached houses, apartments as well as shop offices.

(http://i1105.photobucket.com/albums/h342/johnmaster1111/klang_land.jpg?t=1311902913)


Stockraider says (D) Hotel..........disposal..........monies ......will disappear loh..............!
Another wild lies by stockraider without any proof... if you say money stolen, proof it


Stockraider says (E) Next stage  Sima will ask for rights issue loh........! Then borrow heavily.........to bankruptcy loh....

 RM16 million cash on hand vs RM2.455 million  bank borrrowings he called "borrow heavily....... to bankruptcy " haahaha what joke.
Another proof of manipulation and lies from from stockraider.  

here is the proof, read the notes from EGM... page 10, look at the table... bank borrowings is reduced to RM2.455 million.
http://announcements.bursamalaysia.com/edms/edmswebh.nsf/LsvAllByID/482576120041BDAA4825788F0036EA14?OpenDocument

and finally an attempt from stockraider downplay what obviously must happen sometime in the future.

Surely one day GSB will raise funds via KLSE to grow, they have never raise a single sen from GSB since their listing day ( backdoor listing ) it is already 4 long years, not a single sen is raised via KLSE. Can Stockraider tell me which company in KLSE that has never raised a single sen from KLSE after 4 years being listed ? GSB is probably the only one!!! I have never seen a company does so much for the sake of their shareholders.

In fact they should be doing this long ago, they should raise fund to accelerate their growth

A worker its always a worker minded.

A business man, its always gifted with the business minded.

Dear Jm, You see what businessman sees, but dont expect other to see it.  :D
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 10:51:09 AM
A worker its always a worker minded.

A business man, its always gifted with the business minded.

Dear Jm, You see what businessman sees, but dont expect other to see it.  :D

Maybe not even workers, maybe some lazy college students who are wasting their time here.

RM8 million for a 6 acres of land in this location, they called it bad!!! and overprice!!! Can you believe wat you are hearing from Stockraider and Predator. Another attempt to manipulate good news into bad by Stockraider and Predator.. I hope none of you are stupid enough to fall for their manipulations.

(http://i1105.photobucket.com/albums/h342/johnmaster1111/klang_land-1.jpg?t=1311907493)


http://announcements.bursamalaysia.com/EDMS/edmsweb.nsf/LsvAllByID/63ECDCAFFEF3045A482578DB003C099D?OpenDocument

2.7 Prospects of the Acquisition
The said Land is strategically located within the matured and established residential schemes of Klang namely Taman Chi Liung, Taman Bayu Emas and Taman Bayu Perdana. Developments within the immediate neighbourhood of the said Land are residential and commercial developments in character comprised of terrace houses, semi-detached houses, detached houses, apartments as well as shop offices.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on July 29, 2011, 10:53:16 AM
The worse is heartless John is teaming up with conman Sima loh...! To con loh...!
Why GSB high risk loh ?........Veri Good indicator is the brother of Sima Gan........sold all his GSB share holding at Rm 0.085....bcos he know his Sima Gan brother will sapu all the GSB monies eventually loh...!
 
 
 
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: unwearied on July 29, 2011, 10:56:21 AM
The worse is heartless John is teaming up with conman Sima loh...! To con loh...!
Why GSB high risk loh ?........Veri Good indicator is the brother of Sima Gan........sold all his GSB share holding at Rm 0.085....bcos he know his Sima Gan brother will sapu all the GSB monies eventually loh...!
 
 
 


Hey , ANswer your lies before you twist to other topic. ! worthless piece of junk
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 10:57:29 AM
The worse is heartless John is teaming up with conman Sima loh...! To con loh...!
Why GSB high risk loh ?........Veri Good indicator is the brother of Sima Gan........sold all his GSB share holding at Rm 0.085....bcos he know his Sima Gan brother will sapu all the GSB monies eventually loh...!


What brother of SIMA GAN... you mad or what ? Where got Brother of Gan selling any shares ? If you are talking about Gun Seong Thean, he is a Singaporean, founder of SMSUMMIT. Surely will sell all his share, he has been kicked out from Managing Director sure not happy lah, still want to keep GSB shares ah ? He selling would have been a blessing for all GSB shareholders because he could be a hostile party inside GSB.

SMSUMMIT where got any money to for SIMA to sapu, if not because of SIMA GROUP entry into SMSUMMIT, all SMSUMMIT shareholders are already holding on to a piece of paper worth 0 sen. It was SIMA GROUP entry that give these people a hope... not just a hope but a future fortune.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 11:00:10 AM
okay I spend enough time here with those liars for now, better take a break.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Cals on July 29, 2011, 11:04:14 AM
lol until other unrelated brother party sell share also got... like that also can say serong

so back to the main topic, this place is near the Jusco n botanic place right?
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on July 29, 2011, 11:14:45 AM
What brother of SIMA GAN... you mad or what ? Where got Brother of Gan selling any shares ? If you are talking about Gun Seong Thean, he is a Singaporean, founder of SMSUMMIT. Surely will sell all his share, he has been kicked out from Managing Director sure not happy lah, still want to keep GSB shares ah ? He selling would have been a blessing for all GSB shareholders because he could be a hostile party inside GSB.

SMSUMMIT where got any money to for SIMA to sapu, if not because of SIMA GROUP entry into SMSUMMIT, all SMSUMMIT shareholders are already holding on to a piece of paper worth 0 sen. It was SIMA GROUP entry that give these people a hope... not just a hope but a future fortune.

Related brother Sugar brother mah...........related to same china kampung....under the Surname GAN...!

Chinese call "Thong"........related family from china loh...!
Surely GST will be grateful loh....if John claim that SIMA GAN save him is correct loh....!
But GST..........know.......he must sell no matter what loh.........bcos SIMA GAN is scheming.........eventually GSB will become zero loh.....!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 11:16:10 AM
if you are still thinking about selling your GSB shares better think hard... not even halfway through this financial year, they already secured 2 new incoming projects for the future, both in excellent location that we are assured of 100% sales. Value wise for these projects, we are not sure yet, we can expect more announcements from them.

If you have not bought any GSB shares, better grab some if you have no confidence to grab big yet. Because it is impossible to lose money with GSB at this kind of price but prospects wise, it is simply massive!!! I know some of us will be making a fortune out of this counter some time in the future.

For a 10sen counter, GSB has RM16 million cash vs RM2.455 million bank borrowings... is simply exceptionally good. Thats why they can afford to buy that land in cash, RM8 million. Even after that They still have RM8 million cash vs RM2.455 million bank borrowings, still very very comfortable. It wont be long before that piece of land generate more than RM8 million for GSB. By now including the 2 new projects, projects in hand now easily more than RM400 million in GDV. Exceptionally good for a 10sen counter.

The fact is, GSB are getting more aggressive than before especially in property development business, reminds me of MAHSING transformation from plastic manufacturer into Property Giant. GSB seems to be travelling the same road, same business strategy. Compared to MAHSING at their infant stage, GSB has far more firepower because GSB has SIMA GROUP as their backbone.

Even before GSB raise a single sen from KLSE they are already achieving so much already, fact is... GSB have not raise a single sen from KLSE, not even IPO, not even backdoor listing. Can you imagine what they can do if they were to tap into the capital market for money to fuel their growth ? It will simply be massive because they do not have any technical capabilties issue, they have SIMA GROUP to handle any kind of property projects of any complexity and complete it on time and of very high quality.


Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 11:17:47 AM
Related brother Sugar brother mah...........related to same china kampung....under the Surname GAN...!

Chinese call "Thong"........related family from china loh...!
Surely GST will be grateful loh....if John claim that SIMA GAN save him is correct loh....!
But GST..........know.......he must sell no matter what loh.........bcos SIMA GAN is scheming.........eventually GSB will become zero loh.....!

My God... same family in China... I sure hope Stockraider is not related to any of you if he trace back to his ancesstor in China... it will be a disgrace.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Cals on July 29, 2011, 11:20:16 AM
the mentioned area in klang is a good buy, sure huat one  :cash:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on July 29, 2011, 11:27:14 AM
My God... same family in China... I sure hope Stockraider is not related to any of you if he trace back to his ancesstor in China... it will be a disgrace.

When Sima Gan tookover GSB 5 yrs ago, Why GST want to stay on ? When the rest of the old controlling GSB shareholder Sold out ?
It is bcos....GST is the one who brought....SIMA GAN.......to SUMMIT BHD...! He thought he got confidence.....on his relative SIMA gan loh.........! After 5 yrs.......he know that SIMA GAN id blardy useless and a liar and schemer....he quickly sold out GSB at only Rm 0.085 b4 too late mah.........!
Bcos he know.....over time....eventually GSB will be zero.........with all the evil scheme That Sima GAN......had put in to con the GSB shareholder loh....!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 11:38:41 AM
If Gun Seong Thean is a smart person SMSUMMIT would not be in such trouble in the first place. What do you expect from such person, he is obviously missing a fortune from GSB. Nobody knows the real reason he sold his shares, not even Stockraider ( stockraider of cos the king of lies can spin anything out of the thin air lah )... but since he has sold, it is good for GSB to move forward without anymore potentially hostile party inside the company. GSB zero ? what nonsense is Stockraider talking about? GSB is here to grow, it will become a new property powerhouse in the country. If you people want to listen to Stockraider go ahead and I can assure you of this  :headbang:

When Sima Gan tookover GSB 5 yrs ago, Why GST want to stay on ? When the rest of the old controlling GSB shareholder Sold out ?
It is bcos....GST is the one who brought....SIMA GAN.......to SUMMIT BHD...! He thought he got confidence.....on his relative SIMA gan loh.........! After 5 yrs.......he know that SIMA GAN id blardy useless and a liar and schemer....he quickly sold out GSB at only Rm 0.085 b4 too late mah.........!
Bcos he know.....over time....eventually GSB will be zero.........with all the evil scheme That Sima GAN......had put in to con the GSB shareholder loh....!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on July 29, 2011, 11:51:51 AM
If Gun Seong Thean is a smart person SMSUMMIT would not be in such trouble in the first place. What do you expect from such person, he is obviously missing a fortune from GSB. Nobody knows the real reason he sold his shares, not even Stockraider ( stockraider of cos the king of lies can spin anything out of the thin air lah )... but since he has sold, it is good for GSB to move forward without anymore potentially hostile party inside the company. GSB zero ? what nonsense is Stockraider talking about? GSB is here to grow, it will become a new property powerhouse in the country. If you people want to listen to Stockraider go ahead and I can assure you of this  :headbang:

Chiku Division 9 Property developer GSB....with a few acre pf lousy land here n there...!
How to become a property  powerhouse ?

Also Sima is Sucking......cash from GSB here & there.........what can shareholder expect loh....!? Eventually....bankrupt loh...!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 12:07:44 PM
Chiku Division 9 Property developer GSB....with a few acre pf lousy land here n there...!
How to become a property  powerhouse ?

Also Sima is Sucking......cash from GSB here & there.........what can shareholder expect loh....!? Eventually....bankrupt loh...!

thick skin lair... caught telling lies over and over, ask people to invest in OLDTOWN, thinking he is very smart.. hahaha

Let me remind you, you got zero substance. So far I have never seen a single call from you that can make money, those make money are all recomended by someone else. The only counter I can recall you recomend is OLDTOWN... hahaha
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: unwearied on July 29, 2011, 12:12:46 PM
lol until other unrelated brother party sell share also got... like that also can say serong

so back to the main topic, this place is near the Jusco n botanic place right?

Yes, Its nearby Jusco and Botanic !
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Cals on July 29, 2011, 12:14:31 PM
Yes, Its nearby Jusco and Botanic !

^ happening the area, i've been hanging around that area since 10years back
two shopping malls also there now

it has changed from sawah padi to a bustling commercial/residential area.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 12:24:04 PM
^ happening the area, i've been hanging around that area since 10years back
two shopping malls also there now

it has changed from sawah padi to a bustling commercial/residential area.

well... this is just the beginning, not even half a a year into this new financial year, they already secured 2 very good projects. Although not very big but they will sure bring in profits into GSB accounts in the future. Lets wait for more announcement to come from GSB. I believe there are more announcement that are yet to be released. Even though a piece of land is bought, it is for the future.. still no major announcement on new projects to replace those projects which are currently completing.

signs are everywhere that GSB are moving in the right direction, it is only 10sen. How may 10sen counter where after buy, you just relax and enjoy good news one by one coming out :) I dont see GSB can stay long as cheap as 10sen with more of such announcement appearing :)

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 12:27:49 PM
Announcement made is just GSb buying a small piece of agriculture land loh! What? Agriculture land AGAIN? Look at the price trading now....no volume or as most people would like to say it "COMA"!

What does that tell you, folks? That why John a spin master loh!


The whole area is no longer agricuture land. It just happens that the previous owner did not convert the land title. To convert the land title in this area into commercial, is just an easy task. Just look at it... will people plant oil palm or rubber trees in that area ?

(http://i1105.photobucket.com/albums/h342/johnmaster1111/klang_land-1.jpg?t=1311907493)

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: unwearied on July 29, 2011, 12:31:20 PM
Announcement made is just GSb buying a small piece of agriculture land loh! What? Agriculture land AGAIN? Look at the price trading now....no volume or as most people would like to say it "COMA"!

What does that tell you, folks? That why John a spin master loh!

(http://media.bigoo.ws/content/gif/smiles/smiles_67.gif)


SHUT UP LA another mutherfucking * talking.. NONSENSE! ANSWER THIS LIES! SHOW ME AGRICULTURE LAND. TALK * SING SONG.! PREDATOR? YOURE THE NEMO!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: beginner2 on July 29, 2011, 01:26:19 PM
 :wonder: :wonder: :wonder:

not tired ar ?? u all??
follow ur own call,
when earn money, thx to JM (i did earn and i did thx to JM)
when lose money, blame urself (take it as a chance to learn)
 :clap: :clap: :clap:

If mentally not prepared, put money in FD. Invest in Real estate (good one of course).
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: GenY on July 29, 2011, 01:29:34 PM
:wonder: :wonder: :wonder:

not tired ar ?? u all??
follow ur own call,
when earn money, thx to JM (i did earn and i did thx to JM)
when lose money, blame urself (take it as a chance to learn)
 :clap: :clap: :clap:

If mentally not prepared, put money in FD. Invest in Real estate (good one of course).

True la.....JM didn't put a gun to tell u to buy....but I always ask why he put so much TIME, EFFORT, MONEY to promote?  At first I though he and Gan Pik Mui are having secret affair...... :D :D :D :D :D
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: beginner2 on July 29, 2011, 01:35:15 PM
True la.....JM didn't put a gun to tell u to buy....but I always ask why he put so much TIME, EFFORT, MONEY to promote?  At first I though he and Gan Pik Mui are having secret affair...... :D :D :D :D :D

who knows he is a stock lover , retire nth to do ma
some ppl choose to play chess
some ppl choose to read
some ppl choose to plant flower
some ppl choose to chit chat
he choose to promote GSB why not?
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: iiinvestsmart on July 29, 2011, 01:39:45 PM
who knows he is a stock lover , retire nth to do ma
some ppl choose to play chess
some ppl choose to read
some ppl choose to plant flower
some ppl choose to chit chat
he choose to promote GSB why not?

... for altruistic reasons or for his own self-serving needs.  :)
What is your personal view on this?
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Cals on July 29, 2011, 01:41:47 PM
anyone here living in klang??  :P
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Parti 1Malaysia on July 29, 2011, 01:53:22 PM
The idiots don't even know how to read announcements.

The asset is not injected by a related party. the seller is not linked to GSB at all. It says that clearly in the announcement.

The related party part is because the company buying is a subsidiary of GSB, that's why it is announced as a related party announcement.

I wonder how these clowns can continue to talk - they don't even know how to read announcements. It confirms my belief that the toothless shark is young kid with a lot of time to waste and who has developed a hatred for JM. But he knows nuts and his stupidity shows even more every day.

Stockraider too looks unable to understand announcements and is jumping to wild conclusions
Not too many loves the way Johnmaster promotes GSB. It kills their opportunities.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Ļaughing Ģor on July 29, 2011, 02:19:07 PM
:wonder: :wonder: :wonder:

not tired ar ?? u all??
follow ur own call,
when earn money, thx to JM (i did earn and i did thx to JM)
when lose money, blame urself (take it as a chance to learn)
 :clap: :clap: :clap:

If mentally not prepared, put money in FD. Invest in Real estate (good one of course).
完全赞成
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on July 29, 2011, 03:11:15 PM
thick skin lair... caught telling lies over and over, ask people to invest in OLDTOWN, thinking he is very smart.. hahaha

Let me remind you, you got zero substance. So far I have never seen a single call from you that can make money, those make money are all recomended by someone else. The only counter I can recall you recomend is OLDTOWN... hahaha

Yaloh..! Raider admit- Oldtown mistake loh...!
But GSB veri correct loh....! Sima conloh....!
Land in klang, GSB bought overvalue  loh....!

Don believe John loh....he got vested interest loh on GSB...bcos stucked mah...! he....he...he....!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 03:13:07 PM
... for altruistic reasons or for his own self-serving needs.  :)
What is your personal view on this?

I am simply putting together an oppurtunity of a life time, buying a future blue chip counter at a penny stock price, which is currently still at its infant growth stage. An excellent purchase of land at such a good location, just RM8 million for 6 acres ... Hospital and Train Station nearby ( from the map, I believe less than 5 KM away ), iinvestsmart says this it is bad...  :giggle: I suggest iinvestsmart stop making a fool out of himself here.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on July 29, 2011, 03:18:45 PM
I am simply putting together an oppurtunity of a life time, buying a future blue chip counter at a penny stock price, which is currently still at its infant growth stage. An excellent purchase of land at such a good location, just RM8 million for 6 acres ... Hospital and Train Station nearby ( from the map, I believe less than 5 KM away ), iinvestsmart says this it is bad...  :giggle: I suggest iinvestsmart stop making a fool out of himself here.

Bad bcos;

1) Land over price loh
2) Long gestation period about 7 yrs
3) Sima sucking monies from GSB by selling inflated land loh
4) Sima sucking monies from GSB by inflating construction cost n charging SIMA overhead to GSB
5) Sima....past lousy land to GSB.......but keep the good one for themselves
6) All GSB.........CASH going to be sapi by SIMA

All these can be confirmed........GST.........no more confidence.......selling GSB at Rm 0.085..........bcos he realize......Sima Gan conning loh......!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 03:22:30 PM
Anyway all of them are trying to divert the real point here, the real point about this purchase is that GSB is starting to get aggressive in property development project. Last financial year they only handle 2 small project, one in Bandar Utama ( 44 units condo ) and one in Bentong 54 units double storey house. Looks like they are going after bigger projects now.. this round they seems to have more than double their project size... they have 5 projects in the pipeline.... two new projects in Klang Valley ( Kelana Jaya and now Klang ) and 3 projects in Bentong ( Restu Angaksa JV, Riverville and Taman Bentong Makmur Phase 12-Phase 16 ).

Unfortunately all have not been launched yet.. means more announcement will be coming soon when they launch all 5 projects in the pipeline. Looks like growth will continue to be very strong for GSB in for the next financial year by looking at the amount of projects they already have in the pipeline.

Besides those known projects, I believe GSB will still continue to look for other oppurtunities... Not even half year into this financial year, they already prepare 2 future projects for GSB. You can surely expect more from them... Currently, combined ann the projects in the pipeline, those project easily worth more than RM400million GDV... Guess what, GSB is only 10sen !!! It is steal... hahaha..
 
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 03:27:40 PM
you know why stockraider kept on saying SIMA GROUP con ? because his mind, nothing else but to con people. Ask him for proof, cannot give. I already give proof to show his lies.. his skin is unbelievable thick... caught lying, proven with facts and data... hec an still continue to spin and tell lies without feel ambarrased or guilt. This guy mind is next to the devil.

Bad bcos;

1) Land over price loh
2) Long gestation period about 7 yrs
3) Sima sucking monies from GSB by selling inflated land loh
4) Sima sucking monies from GSB by inflating construction cost n charging SIMA overhead to GSB
5) Sima....past lousy land to GSB.......but keep the good one for themselves
6) All GSB.........CASH going to be sapi by SIMA

All these can be confirmed........GST.........no more confidence.......selling GSB at Rm 0.085..........bcos he realize......Sima Gan conning loh......!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 03:33:38 PM
Can u imagine how much effort and time they spend on an "unattractive" 10sen counter ? If someone are willing to spend so much time on a counter, you must think hard.. why all the attention, to save other forumers ? very unlikely because they dont seems to care what happened to other counters that are being promoted. Worse still, they use lies to save forumers ( caught so many times using lies ) ?

If they use lies to save forumers... so what if they use truth ?

so remember, do not waste your GSB shares to let them benefit from you. I am very sure they are queing up to buy GSB shares. They are tying their best to scare people to sell so that they too can collect. They know the true potential of GSB, else they will not be here day and night, almost every few minutes during trading day.. ignored the entire market just to bring GSB down.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on July 29, 2011, 03:38:51 PM
you know why stockraider kept on saying SIMA GROUP con ? because his mind, nothing else but to con people. Ask him for proof, cannot give. I already give proof to show his lies.. his skin is unbelievable thick... caught lying, proven with facts and data... hec an still continue to spin and tell lies without feel ambarrased or guilt. This guy mind is next to the devil.


Not only raider say Sima con mah...!
BB, investsmart, leno, predator all say mah....!
But most important....GST (GAN Seong Thean)........SIMA GAN "thong brother" also say loh....by his action selling cheap cheap GSB at Rm 0.085...after holding & waiting for more than 5 yrs loh...! Bcos he realize....SIMA Gan sucking cash from GSB loh....!
So  GST sell b4 too late loh....!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: iiinvestsmart on July 29, 2011, 03:44:20 PM
Can u imagine how much effort and time they spend on an "unattractive" 10sen counter ? If someone are willing to spend so much time on a counter, you must think hard.. why all the attention, to save other forumers ? very unlikely because they dont seems to care what happened to other counters that are being promoted. Worse still, they use lies to save forumers ( caught so many times using lies ) ?

If they use lies to save forumers... so what if they use truth ?

so remember, do not waste your GSB shares to let them benefit from you. I am very sure they are queing up to buy GSB shares. They are tying their best to scare people to sell so that they too can collect. They know the true potential of GSB, else they will not be here day and night, almost every few minutes during trading day.. ignored the entire market just to bring GSB down.

There is genuine concern that GSB is a penny stock being identified for a pump and dump stock by JM.
It is very sad for those who have already lost a lot of money in this counter in May.
GSB is a poor quality stock and a gruesome company.
Many of those silent readers would have realised this and stayed away from this stock.
Let those who are in this stock (voluntarily, or trapped), play the games among themselves.
My personal opinion is to sell this stock and cash out and replace with another high quality stock.
With so much uncertainty in the market, the corrections have set in.
Hopefully, the correction will be deep offering great bargains.  :)
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 03:44:58 PM
Not only raider say Sima con mah...!
BB, investsmart, leno, predator all say mah....!
But most important....GST (GAN Seong Thean)........SIMA GAN "thong brother" also say loh....by his action selling cheap cheap GSB at Rm 0.085...after holding & waiting for more than 5 yrs loh...! Bcos he realize....SIMA Gan sucking cash from GSB loh....!
So  GST sell b4 too late loh....!

All also cannot show a single piece of proof and yet called people con. His name is GUN SEONG THEAN  not GAN SEONG THEAN, just look at Stockraider, until people name also he change in order to spin his lies.

One fellow is Malaysian and aother person a Singaporean... previously Stockraider claim they are brothers, now become "Thong brother" dont know what the hack is that... The fact is, Stockraider dont know anything, Stockraider create a story out of thin air... until people name also he go and modify to faciliate his lies.

  
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on July 29, 2011, 03:49:55 PM
There is genuine concern that GSB is a penny stock being identified for a pump and dump stock by JM.
It is very sad for those who have already lost a lot of money in this counter in May.
GSB is a poor quality stock and a gruesome company.
Many of those silent readers would have realised this and stayed away from this stock.
Let those who are in this stock (voluntarily, or trapped), play the games among themselves.
My personal opinion is to sell this stock and cash out and replace with another high quality stock.
With so much uncertainty in the market, the corrections have set in.
Hopefully, the correction will be deep offering great bargains.  :)

Bad quality stock not so bad at least u still can value loh...!
But when integrity & honestly is at stake and con happen.....it is a no no for any investor, trader or speculator loh....!
Bcos for a share when an integrity is in drastic doubt....the only route for share price is coma & down loh....!

So stay away from GSB............ and stay away from conman sima & john loh.......!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: BlackDevil on July 29, 2011, 03:51:15 PM
Hold! Dont Sell!
Heart Must Steady.    :clap: :clap: :clap: :clap:
Buy More More More........Average Down sure profit next week maybe next year.
predator, investsmart and raider  predict will fly become like KFC(RM3.50).
   (http://t1.gstatic.com/images?q=tbn:ANd9GcTixG-eIGzP8L-_vo4NAyXHX5RW4cGqKTxXGDyIjPeSCaAvlA_nxQ) =====>>>>(http://couponcravings.com/wp-content/uploads/2010/11/kfc.jpg)

Quote from: Predator on Yesterday at 04:13:39 PM
For those holding Oldtown.

Off market traded 200,000 units price 1.39 at 15.03pm today

Good News also come from Predator........ RM1.39 off market price.Wau!!!
dont know which rich untie buy. dont care! Just buy! already super cheap cheap cheap now...
Dont forget target price 3.50!!!!! Mari mari mari... Lelong Lelong!!! :thumbsup: :thumbsup: :thumbsup:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 03:51:41 PM
I hope the satan will see great value in stockraider.. hopefully take him away faster to work for him.

Bad quality stock not so bad at least u still can value loh...!
But when integrity & honestly is at stake and con happen.....it is a no no for any investor, trader or speculator loh....!
Bcos for a share when an integrity is in drastic doubt....the only route for share price is coma & down loh....!

So stay away from GSB............ and stay away from conman sima & john loh.......!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 03:53:23 PM
I have never seen people this evil in my whole life... maybe he think he can hide behind his computer and spread lies. But he cannot hide from God.. there is not much we can do about these liars..  we can only dispute their lies. Only God can teach these ***** a good lesson.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: . on July 29, 2011, 03:53:44 PM
There is genuine concern that GSB is a penny stock being identified for a pump and dump stock by JM.
It is very sad for those who have already lost a lot of money in this counter in May.
GSB is a poor quality stock and a gruesome company.
Many of those silent readers would have realised this and stayed away from this stock.
Let those who are in this stock (voluntarily, or trapped), play the games among themselves.
My personal opinion is to sell this stock and cash out and replace with another high quality stock.
With so much uncertainty in the market, the corrections have set in.
Hopefully, the correction will be deep offering great bargains.  :)


You punya advice tak boleh pakai lo bcos you punya GSB 0.055 pun kutuk ma, kalau olang follow you oledi never make almost 100% loh, * *, listen to raider make more sense even though raider talk a lot of nonsense recently :giggle: :giggle: :giggle:.....................................WA KAKAKAKAKAKAKAKAKAKAKAKAKA
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on July 29, 2011, 03:55:38 PM
I have never seen people this evil in my whole life... maybe he think he can hide behind his computer and spread lies. But he cannot hide from God.. there is not much we can do about these liars..  we can only dispute their lies. Only God can teach these ***** a good lesson.

he...he...he... conman John pleading to god...! So thick skin loh...! Common loh...even god...this conman is trying to con ? He...he...he...!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 03:56:38 PM
he...he...he... conman John pleading to god...! So thick skin loh...! Common loh...even god...this conman is trying to con ? He...he...he...!

I know I cant stop u from lying.. just let God decide lah. please continue to lie.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on July 29, 2011, 03:58:20 PM
You punya advice tak boleh pakai lo bcos you punya GSB 0.055 pun kutuk ma, kalau olang follow you oledi never make almost 100% loh, * *, listen to raider make more sense even though raider talk a lot of nonsense recently :giggle: :giggle: :giggle:.....................................WA KAKAKAKAKAKAKAKAKAKAKAKAKA

Sweet honey...give some face mah...!
Raider talk little nonsense sometime....but most of time talk alot of sense mah...!
Thats why sweet honey chose to listen to raider mah...!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 04:01:01 PM
Not a single posting from you can be proven true. I have posted all the evidence to proof that you are lying... while you cannot post a single proof to support your claims.

Sweet honey...give some face mah...!
Raider talk little nonsense sometime....but most of time talk alot of sense mah...!
Thats why sweet honey chose to listen to raider mah...!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: tajudinhelmikari on July 29, 2011, 04:01:38 PM
Just walloped 130,000 GSB at 10 sen :D :D
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on July 29, 2011, 04:03:32 PM
Not a single posting from you can be proven true. I have posted all the evidence to proof that you are lying... while you cannot post a single proof to support your claims.


The fact is last qtr GSB lose monies mah...thats a truth & fact loh...! NO need to prove one loh...!
Bentong no income last QTR...is a fact .........no need to prove one mah...!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 04:03:44 PM
Just walloped 130,000 GSB at 10 sen :D :D

Good for you :) after this just wait for big rewards.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: GenY on July 29, 2011, 04:03:47 PM
Those who have sold...congrats becoz there were idiot who bought from u.....Those who are still keeping.......May The Force Be With You
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: SUPERDADDY on July 29, 2011, 04:08:46 PM
Those who have sold, congrats if you have made some monetary gain from this investment and those who bought , congrats because you've jz landed on a wonderful stock with a profitable future. Cheers!!! :thumbsup: :thumbsup: :thumbsup:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Tommy on July 29, 2011, 04:10:09 PM
I think Pedator and bunch is really doing GSB holders a favour, by doing away with weak buyers. And accumalation of stronger GSB buyers.

Please keep it up  :thumbsup:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 04:10:32 PM
Those who have sold...congrats becoz there were idiot who bought from u.....Those who are still keeping.......May The Force Be With You

Just how to lose money from GSB... they have 5 property projects in the pipeline... just do a rough calculation, worth at least RM400 million GDV. ( last year only 2 smaller projects ). This is what already in hand. There are still so many possibilties that they will secure more projects as they go along. In this financial year alone, not even half way through the year, already prepared 2 new projects. You can expect to grow even stronger from 2012 onwards... In 2011 hotel sales already secured RM4.4 million in profit, Profit from Laman Ara Utama and Courtyard villa will also be coming in as both will be completed in this financial year. Only trouble not enough info how much more money will come in from both completing projects. Not just projects.. they have an exceptionally strong brand SIMA GROUP. although low profile, SIMA GROUP is among one of the most respectable property developer in the country... proven for the past 40 years, delivering highest qualith properties... and they are also well known for their sincerity for the past 40 years.

How can anyone lose money buying GSB at 10sen ? When you buy GSB... you only have to think about how long you want to keep and how much fortune you want to make out of GSB.

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 04:12:04 PM
I think Pedator and bunch is really doing GSB holders a favour, by doing away with weak buyers. And accumalation of stronger GSB buyers.

Please keep it up  :thumbsup:


Yes, less weaker players.. when it goes up later on, it will be stronger also. Good to get rid of weaker players who cant even see what is right or wrong. Who is telling the truth and who is not.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on July 29, 2011, 04:13:05 PM
Just how to lose money from GSB... they have 5 property projects in the pipeline... just do a rough calculation, worth at least RM400 million GDV. ( last year only 2 smaller projects ). This is what already in hand. There are still so many possibilties that they will secure more projects as they go along. In this financial year alone, not even half way through the year, already prepared 2 new projects. You can expect to grow even stronger from 2012 onwards... In 2011 hotel sales already secured RM4.4 million in profit, Profit from Laman Ara Utama and Courtyard villa will also be coming in as both will be completed in this financial year. Only trouble not enough info how much more money will come in from both completing projects. Not just projects.. they have an exceptionally strong brand SIMA GROUP. although low profile, SIMA GROUP is among one of the most respectable property developer in the country... proven for the past 40 years, delivering highest qualith properties... and they are also well known for their sincerity for the past 40 years.

How can anyone lose money buying GSB at 10sen ? When you buy GSB... you only have to think about how long you want to keep and how much fortune you want to make out of GSB.


Even if GSB have 20 project.....the fact of current structure where SIMA **** money out from GSB !........gsb is a no no....and high risk loh..!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: BlackDevil on July 29, 2011, 04:16:42 PM
Even if GSB have 20 project.....the fact of current structure where SIMA **** money out from GSB !........gsb is a no no....and high risk loh..!

You are right!
Sell GSB, Buy OldTown.  :thumbsup: :thumbsup: :thumbsup:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: iiinvestsmart on July 29, 2011, 04:21:05 PM
Yes, less weaker players.. when it goes up later on, it will be stronger also. Good to get rid of weaker players who cant even see what is right or wrong. Who is telling the truth and who is not.



quote author=iiinvestsmart link=topic=24986.msg511110#msg511110 date=1311842600]

 :(

Buyers' bid price versus Sellers' ask price.

Modus operandi of JM so far:

1.  Encouraging sellers to sell at their ask price and not to sell down to the buyers' bid price.
2.  Mocking sellers who sold down to the buyers' bid price as either stupid or crazy.  He berates they will not be able to buy back at that price and will definitely have to buy back higher.

3.  He puts his target price at 20 sen and says he will continue to hold this stock.  He even said that this stock can touch $2.00.  He impresses on his followers that he is holding and/or buying.

4.  He wants his followers to buy and yet wish the price of GSB to go higher.  (Note:  If you are a net buyer of this counter, you would wish the price to be lower.  Do you think JM is a net buyer or a trapped seller?)

Do you trust this promoter of GSB? Unquote


   (http://media.myspacepimper.com/content/gif/cartoon/cartoon_501.gif)



Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: iiinvestsmart on July 29, 2011, 04:22:51 PM
Yes, less weaker players.. when it goes up later on, it will be stronger also. Good to get rid of weaker players who cant even see what is right or wrong. Who is telling the truth and who is not.



 :D :(


quote author=iiinvestsmart link=topic=24986.msg511110#msg511110 date=1311842600]

Buyers' bid price versus Sellers' ask price.

Modus operandi of JM so far:

1.  Encouraging sellers to sell at their ask price and not to sell down to the buyers' bid price.
2.  Mocking sellers who sold down to the buyers' bid price as either stupid or crazy.  He berates they will not be able to buy back at that price and will definitely have to buy back higher.

3.  He puts his target price at 20 sen and says he will continue to hold this stock.  He even said that this stock can touch $2.00.  He impresses on his followers that he is holding and/or buying.

4.  He wants his followers to buy and yet wish the price of GSB to go higher.  (Note:  If you are a net buyer of this counter, you would wish the price to be lower.  Do you think JM is a net buyer or a trapped seller?)

Do you trust this promoter of GSB? Unquote


   (http://media.myspacepimper.com/content/gif/cartoon/cartoon_501.gif)



Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 04:23:41 PM
I am sure got more announcement coming soon. Lets us all with GSB wait for the next announcement.. sooner or later one of the announcement will hit the right spot... and GSB goes flying like a bullet.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: artbox on July 29, 2011, 04:23:44 PM
I BELIEVE IN JOHN MASTER.... I MAKE SOME MONEY FROM THIS COUNTER...

AT LEAST IT IS A STABLE COUNTER... MY LAST BOUGHT GIVE ME SOME  PROFIT

BY NEXT WEEK THIS COUNTER WILL SPIKE...
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on July 29, 2011, 04:25:27 PM

What worries the investor should be once again, asset is injected into GSB for cash by a related party. What is the cash flow projections for GSB for the next few years?

Do you wish to own a company that will soon be raising more cash through debts or a rights issues?
 
Johnspinmaster and his followers do loh! Wakakakakakakak!!

      (http://www.docrafts.com/Content/Forum/Member/115257/smiley-laughing-2.gif)


It is the modus operandi of SIMA....sapu cash from GSB.........loh...!
Recently not enough cash..........sell hotel......then sapu again loh...! Klang overvalue land a veri good example loh...!
Why cannot JV with a related party ah ? Must pay cash meh ?
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: iiinvestsmart on July 29, 2011, 04:25:57 PM

What worries the investor should be once again, asset is injected into GSB for cash by a related party. What is the cash flow projections for GSB for the next few years?

Do you wish to own a company that will soon be raising more cash through debts or a rights issues?
 
Johnspinmaster and his followers do loh! Wakakakakakakak!!

      (http://www.docrafts.com/Content/Forum/Member/115257/smiley-laughing-2.gif)



Is GSB:
 
1. A great company?
2. A good company?
3. A gruesome company? :(

Maybe we can review Warren Buffett's writings in Berkshire Hathaway.

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: artbox on July 29, 2011, 04:27:30 PM
THE THING IS IF COMPARE TO HUBLINE, GSB IS ALOT BETTER...SAME PRICE BUT DIFFERENT QUALITY...

WHERE CAN YOU FIND PROPERTY DEVELOPER AT THIS PRICE RM0.1???

BUY NOW... AMERICA WILL RECOVER,  AND PROPERTY SECTOR WILL RECOVER

YESSSS YOU CAN!!!!!!!!!!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 04:29:53 PM
there are simply so many announcement still pending... ( this is not guess work but something that must happen )

1. Kelana Jaya JV project, details of projects not yet announced.
2. They need to launch new project in Bentong, again announcement is not made yet.
3. They have not announce any project details for the newly purchased Klang land ( this will take a while but eventually some annoucement will be made )

These 3 announcement cannot be avoided.

And for speculative announcement, I believe they might be slowing down their operations for some kind of M&A activities, the one I am hoping for Kelana Parklane injection into GSB. If that happens... we will immediately hit a jackpot.  Anyway with or without Kelana Parklane, what they have in hand now is confortable enough for them to continue to register strong growth for the next financial year. I am sure they will secure more project while already have all those in the pipeline.


Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: iiinvestsmart on July 29, 2011, 04:30:23 PM
I BELIEVE IN JOHN MASTER.... I MAKE SOME MONEY FROM THIS COUNTER...

AT LEAST IT IS A STABLE COUNTER... MY LAST BOUGHT GIVE ME SOME  PROFIT

BY NEXT WEEK THIS COUNTER WILL SPIKE...

I just love this analysis. :D
What will happen between now and next week to GSB?  :(
A great company may yet be a lousy investment should you overpay for it.
NEVER, NEVER, NEVER ...  buy a gruesome company at any price.

Those who are trapped in this stock may wish to cash out even at present price to reinvest in another stock with better reward-risk profile and potential higher return.

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: GenY on July 29, 2011, 04:30:43 PM
THE THING IS IF COMPARE TO HUBLINE, GSB IS ALOT BETTER...SAME PRICE BUT DIFFERENT QUALITY...

WHERE CAN YOU FIND PROPERTY DEVELOPER AT THIS PRICE RM0.1???

BUY NOW... AMERICA WILL RECOVER,  AND PROPERTY SECTOR WILL RECOVER

YESSSS YOU CAN!!!!!!!!!!

Do your research before jumping conclusion....IS SIMA A SUBSIDIARY OF GSB??  

WHERE CAN YOU FIND PROPERTY DEVELOPER AT THIS PRICE RM0.1???

U think market is stupid?  Think again my fren. :shake: :shake: :shake:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on July 29, 2011, 04:31:51 PM
there are simply so many announcement still pending... ( this is not guess work but something that must happen )

1. Kelana Jaya JV project, details of projects not yet announced.
2. They need to launch new project in Bentong, again announcement is not made yet.
3. They have not announce any project details for the newly purchased Klang land ( this will take a while but eventually some annoucement will be made )

These 3 announcement cannot be avoided.

And for speculative announcement, I believe they might be slowing down their operations for some kind of M&A activities, the one I am hoping for Kelana Parklane injection into GSB. If that happens... we will immediately hit a jackpot.  Anyway with or without Kelana Parklane, what they have in hand now is confortable enough for them to continue to register strong growth for the next financial year. I am sure they will secure more project while already have all those in the pipeline.



All this lack of progress ...........point to 1 thing...! CASHFLOW PROBLEM BOTH GSB N SIMA LOH...!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: iiinvestsmart on July 29, 2011, 04:33:12 PM
THE THING IS IF COMPARE TO HUBLINE, GSB IS ALOT BETTER...SAME PRICE BUT DIFFERENT QUALITY...

WHERE CAN YOU FIND PROPERTY DEVELOPER AT THIS PRICE RM0.1???

BUY NOW... AMERICA WILL RECOVER,  AND PROPERTY SECTOR WILL RECOVER

YESSSS YOU CAN!!!!!!!!!!

This is another * who confuses price with value.
A company is priced at RM 0.10 and he termed this cheap.
It maybe the most expensive investment you ever can make.
Don't you believe me?  Think this through.  :D :)

Why did JM purposely choose GSB to promote (pump and dump)?
How many percentage of the general population are financially savvy?

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on July 29, 2011, 04:35:21 PM
This is another * who confuses price with value.
A company is priced at RM 0.10 and he termed this cheap.
It maybe the most expensive investment you ever can make.
Don't you believe me?  Think this through.  :D :)

Why did JM purposely choose GSB to promote (pump and dump)?
How many percentage of the general population are financially savvy?


Correct loh........Plenitude is cheap at Rm 2.06...! But GSB is not cheap at Rm 0.10 loh...! Cheap is relative to value n not price loh....!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: artbox on July 29, 2011, 04:38:13 PM
This is another * who confuses price with value.
A company is priced at RM 0.10 and he termed this cheap.
It maybe the most expensive investment you ever can make.
Don't you believe me?  Think this through.  :D :)

Why did JM purposely choose GSB to promote (pump and dump)?
How many percentage of the general population are financially savvy?



AIYAA YOU ***** MOCKING BIRD! CALLED ME *?? IF YOU ^ SMART WHY DONT YOU RECOMMEND SOME SHARE TO OTHER MEMBERS TO GORENG RATHER THAN BECOME A MOCKING BIRD HERE?

SHOW US THE MONEY.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 04:38:27 PM

 Anyway with or without Kelana Parklane, what they have in hand now is confortable enough for them to continue to register strong growth for the next financial year. I am sure they will secure more project while already have all those in the pipeline.


This financial year growth is already secured with profit from Hotel sales RM4.4 million and profit from Laman Ara Utama and Courtyard Villa. For next financial year, growth will be contributed by 5 projects in the pipeline Riverville, Restu Angkasa JV, Taman Bentong Makmur, Kelana Jaya JV and Klang project... which means...


Full Year ( Profit/Loss )
2008 = -4,765K
2009 = -3,788K
2010 = -879K
2011 = 1,629K = Latest ( improved around 300% vs last year, best result in the past 4 years, turns profitable )

4 years of non-stop improvement, soon will add another 2 years of solid growth. Means most likely you will see 6 years of non-stop strong growth. I dont see how GSB can stay at 10sen, how it cannot cross 20sen.

2012 = Hotel sales, Laman ara Utama and Courtyard Villa
2013 = 5 property projects in the pipeline


Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on July 29, 2011, 04:39:26 PM
This financial year growth is already secured with profit from Hotel sales RM4.4 million and profit from Laman Ara Utama and Courtyard Villa. For next financial year, growth will be contributed by 5 projects in the pipeline Riverville, Restu Angkasa JV, Taman Bentong Makmur, Kelana Jaya JV and Klang project... which means...


Full Year ( Profit/Loss )
2008 = -4,765K
2009 = -3,788K
2010 = -879K
2011 = 1,629K = Latest ( improved around 300% vs last year, best result in the past 4 years, turns profitable )

4 years of non-stop improvement, soon will add another 2 years of solid growth. Means most likely you will see 6 years of non-stop strong growth. I dont see how GSB can stay at 10sen, how it cannot cross 20sen.

2012 = Hotel sales, Laman ara Utama and Courtyard Villa
2013 = 5 property projects in the pipeline



The fact & truth is the latest QTR GSB lose monies mah........!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 04:40:28 PM
AIYAA YOU ***** MOCKING BIRD! CALLED ME *?? IF YOU ^ SMART WHY DONT YOU RECOMMEND SOME SHARE TO OTHER MEMBERS TO GORENG RATHER THAN BECOME A MOCKING BIRD HERE?

SHOW US THE MONEY.

They did recomend a share, they recommend OLDTOWN on IPO day, even when OLDTOWN hit RM1.40 they say very good... but of cos Stockraider were able to get it cheaper at RM1.28... too bad, he still lose money from their excellent call.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 04:41:54 PM
The fact & truth is the latest QTR GSB lose monies mah........!

Look a the full year or half year lah.. quarterly are just interim results. Some stock exchange dont even have quarterly results. Even though 4th quarter is a loss but it was still the best 4th quarter in the history of GSB.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: GenY on July 29, 2011, 04:42:11 PM
AIYAA YOU ***** MOCKING BIRD! CALLED ME *?? IF YOU ^ SMART WHY DONT YOU RECOMMEND SOME SHARE TO OTHER MEMBERS TO GORENG RATHER THAN BECOME A MOCKING BIRD HERE?

SHOW US THE MONEY.

 :D :D :D :D

Why called people ** ***....
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on July 29, 2011, 04:43:56 PM
They did recomend a share, they recommend OLDTOWN on IPO day, even when OLDTOWN hit RM1.40 they say very good... but of cos Stockraider were able to get it cheaper at RM1.28... too bad, he still lose money from their excellent call.

They are who ? Not iinvestsmart mah......! It is raider loh....Raider think can put growth investment to practise loh...! But raider not good enough loh...!
Iinvestsmart a true honest gentleman mah...!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: iiinvestsmart on July 29, 2011, 04:44:27 PM
AIYAA YOU ***** MOCKING BIRD! CALLED ME *?? IF YOU ^ SMART WHY DONT YOU RECOMMEND SOME SHARE TO OTHER MEMBERS TO GORENG RATHER THAN BECOME A MOCKING BIRD HERE?

SHOW US THE MONEY.

Good.  
Now you will always remember the difference between price and value.
 :)
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on July 29, 2011, 04:44:48 PM
Look a the full year or half year lah.. quarterly are just interim results. Some stock exchange dont even have quarterly results. Even though 4th quarter is a loss but it was still the best 4th quarter in the history of GSB.
U fail already fail loh...! No excuse loh...!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 04:45:05 PM
They are who ? Not iinvestsmart mah......! It is raider loh....Raider think can put growth investment to practise loh...! But raider not good enough loh...!
Iinvestsmart a true honest gentleman mah...!

Dont lie again lah Stockraider, here is the proof... hahaha

Correct loh...! Raider follow bb advise mah...! Buy growth stock at fair price loh....!
This technique not easy to use loh...!

raider collected oldtown at Rm 1.25-1.26 friday about 40k....!
This bring raider average cost to Rm 1.28 of 100k units loh...!

Raider still collecting....loh ...! But only willing to collect at much more cheaper price loh...!

Ya lah..! Raider admire iinvestsmart so much, until leech tech raider's got into haywire loh...!
Oldtown is just another expensive tuition lesson loh...! Part of learning loh...!  

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: BlackDevil on July 29, 2011, 04:45:47 PM
Good.  
Now you will always remember the difference between price and value.
 :)

Good. 
Now you will always remember the difference between price and value.
 :D
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Guesst on July 29, 2011, 04:46:19 PM
AIYAA YOU ***** MOCKING BIRD! CALLED ME *?? IF YOU ^ SMART WHY DONT YOU RECOMMEND SOME SHARE TO OTHER MEMBERS TO GORENG RATHER THAN BECOME A MOCKING BIRD HERE?

SHOW US THE MONEY.

Agreed!! Talk is cheap.. he can only criticise and look for negative things to talk. Favorite phrase - do your own valuation! Only morons and amateurs say that... they should just get lost from here... :S :S :S
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 04:46:25 PM
Dont lie again lah Stockraider, here is the proof... hahaha



oops sorry, wrongly paste.. wrong sequence

raider collected oldtown at Rm 1.25-1.26 friday about 40k....!
This bring raider average cost to Rm 1.28 of 100k units loh...!

Raider still collecting....loh ...! But only willing to collect at much more cheaper price loh...!

Correct loh...! Raider follow bb advise mah...! Buy growth stock at fair price loh....!
This technique not easy to use loh...!

Ya lah..! Raider admire iinvestsmart so much, until leech tech raider's got into haywire loh...!
Oldtown is just another expensive tuition lesson loh...! Part of learning loh...!  

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on July 29, 2011, 04:46:46 PM
Dont lie again lah Stockraider, here is the proof... hahaha


Raider....just tease iinvestsmart mah...! Not true one loh...!
 Raider always do like that....don belief ask blur blur loh...!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: BlackDevil on July 29, 2011, 04:47:53 PM

Ajon con man loh! Always gave misleading news loh! Too much spin already loh!

          (http://209.85.48.8/291/67/emo/medium-smiley-064.gif)




Good. 
Now you will always remember the difference between price and value.
 :D
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: iiinvestsmart on July 29, 2011, 04:48:38 PM
    
Type
Last Done
Change
Volume ('000)
Total
Change
16:34:56   Buy Up   0.105   0.005   0.2   -136.0
16:04:42   Buy Up   0.100   0.000   136.2   6.2
15:58:55   Buy Up   0.100   0.000   130.0   110.0
15:48:00   Buy Up   0.100   0.000   20.0   -51.9
14:46:05   Buy Up   0.100   0.000   71.9   43.8
14:46:05   Buy Up   0.100   0.000   28.1   -11.9


Desperate trapped sellers buying up to sellers' ask price of 0.105 at end of the day.
How much was bought?  0.2 x 1000 x 0.105 = MR 21.00   :D :(
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: artbox on July 29, 2011, 04:49:04 PM
Good.  
Now you will always remember the difference between price and value.
 :)

WHAT GOOD???

SHOW US THE MOOOOOOOOONEEEEEEEEEEEEEEYYYYYYYY SINCE YOU SO SMART!!!

WE WANT TO KNOW WHICH COUNTERS GOT MONEY  :cash: :cash: :cash: :cash: :D :D :D
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: bengram on July 29, 2011, 04:50:35 PM
This is another * who confuses price with value.
A company is priced at RM 0.10 and he termed this cheap.
It maybe the most expensive investment you ever can make.
Don't you believe me?  Think this through.  :D :)

Why did JM purposely choose GSB to promote (pump and dump)?
How many percentage of the general population are financially savvy?



Yup, agree that we shouldn't use 10 sen to describe whether it's cheap or expensive. It is priced at RM0.10 because it has 400 million shares out there. If if has only 40 million shares, this counter would have been quoted at RM1.00, because the market is now valuing the company at RM40 million.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: iiinvestsmart on July 29, 2011, 04:51:28 PM
WHAT GOOD???

SHOW US THE MOOOOOOOOONEEEEEEEEEEEEEEYYYYYYYY SINCE YOU SO SMART!!!

WE WANT TO KNOW WHICH COUNTERS GOT MONEY  :cash: :cash: :cash: :cash: :D :D :D

 :handshake:

I have been laughing all the way to the bank for many years.

Maybe one day, I will take advantage of those in this forum to make some pocket money.  :)
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on July 29, 2011, 04:51:35 PM
   
Type
Last Done
Change
Volume ('000)
Total
Change
16:34:56   Buy Up   0.105   0.005   0.2   -136.0
16:04:42   Buy Up   0.100   0.000   136.2   6.2
15:58:55   Buy Up   0.100   0.000   130.0   110.0
15:48:00   Buy Up   0.100   0.000   20.0   -51.9
14:46:05   Buy Up   0.100   0.000   71.9   43.8
14:46:05   Buy Up   0.100   0.000   28.1   -11.9


Desperate trapped sellers buying up to sellers' ask price of 0.105 at end of the day.
How much was bought?  0.2 x 1000 x 0.105 = MR 21.00   :D :(

He...he...he...! Another con cheapskate manipulation loh..! He...he...he...must be done by John loh...or conman sima loh...!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: artbox on July 29, 2011, 04:52:29 PM
Yup, agree that we shouldn't use 10 sen to describe whether it's cheap or expensive. It is priced at RM0.10 because it has 400 million shares out there. If if has only 40 million shares, this counter would have been quoted at RM1.00, because the market is now valuing the company at RM40 million.

CHEAP FOR ME TO PLAY MAAR..... IF LIKE GENTING SHARES I CANT AFFORD TO PLAY....

UNLESS YOU LOAN ME MONEY LAHH... CAN???? :D :D :D
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 04:54:32 PM
here again another proof of iiinvestsmart lying...

http://announcements.bursamalaysia.com/EDMS/annweb.nsf/LsvAllByID/482568AD00295D0748257603003042BD?OpenDocument

please open the PDF file, look at page 7 and 8... you will be able to see all the projects that are in the pipeline in Bentong.

Yet to be launched projects.
The Bentong project will (scheduled to) start in 2012.

I have a friend with a beautiful plan for a piece of his land.  The GDV is 300m for a 40 storey building.  When was this plan conceived?  Well, it was 1997 and it is still a plan.  :D  Just stressing a point.


Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: BlackDevil on July 29, 2011, 04:56:07 PM
WHAT GOOD???

SHOW US THE MOOOOOOOOONEEEEEEEEEEEEEEYYYYYYYY SINCE YOU SO SMART!!!

WE WANT TO KNOW WHICH COUNTERS GOT MONEY  :cash: :cash: :cash: :cash: :D :D :D

Sorry dude, she will give you blue chip counter. Long Term punya.....
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: artbox on July 29, 2011, 04:59:48 PM
Sorry dude, she will give you blue chip counter. Long Term punya.....

LONG TERM?????? AAIKSS... LONG TERM I ALSO KNOW WHICH COUNTER LAAAHH....
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: artbox on July 29, 2011, 05:02:21 PM
:handshake:

I have been laughing all the way to the bank for many years.

Maybe one day, I will take advantage of those in this forum to make some pocket money.  :)

YOU SAY ONLY... WHO KNOWS???????? I ALWAYS WALK TO BANK AND AH LONGS IN OUT...

SHOW US THE MONEY.... TELL US WHICH COUNTER TO HIT...... JUST ONE ENOUGH..... :D :D :D
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 05:03:09 PM
3 of you may be successful to bring down GSB with your lies, but it wont work again this round because people know what kind of person are 3 of you are made of.

I set target to hit 20sen by end of this financial year, evidence are everywhere that this is just an easy target. If people cut loss because believe in the lies spin by 3 of you, then you have to ask them to blame yourself... because they listen to you to cut loss. If they listen to me... they would have not have make any losses because it is not end of the financial year yet.


Johnspinmaster has led many sheep to the slaughter house after Q4 losing! If the blind lead the blind, both shall fall into a ditch.

His foolish & stupid action has caused himself and his followers trapped unnecessary with GSB. Wakakakakakaka!!

 

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 05:03:45 PM
YOU SAY ONLY... WHO KNOWS???????? I ALWAYS WALK TO BANK AND AH LONGS IN OUT...

SHOW US THE MONEY.... TELL US WHICH COUNTER TO HIT...... JUST ONE ENOUGH..... :D :D :D

he says he got RM40 million cash :)
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Guesst on July 29, 2011, 05:04:15 PM
YOU SAY ONLY... WHO KNOWS???????? I ALWAYS WALK TO BANK AND AH LONGS IN OUT...

SHOW US THE MONEY.... TELL US WHICH COUNTER TO HIT...... JUST ONE ENOUGH..... :D :D :D

He and raider promoted Oldtown... when it was around 1.27-1.30.. they are now laughing to the bank without their pants!!! Hehehehehe..
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on July 29, 2011, 05:05:58 PM
He...he...he...! Another con cheapskate manipulation loh..! He...he...he...must be done by John loh...or conman sima loh...!

John will do anything to con loh..!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: sure88 on July 29, 2011, 05:08:25 PM
2.3 Information on the said Land under Acquisition
Details of the said Land are as below:-
Title No. : Individual Title known as GM 5148 Lot 791, Mukim Klang, Tempat Telok Gadong Road, Daerah Klang, Negeri Selangor (“the said Land)
Area of the said Land : Approximately 2.4534 hectares (6 Acres 0 Rood 10.0000 Pole)
Tenure : Freehold
Other Conditions : Category of Land Use – “Pertanian”
GSB GROUP BERHAD
- GENERAL ANNOUNCEMENT
Page 2 of 5
Express Condition – “Tanaman Am”
Registered Owner : Apple Talk Sdn. Bhd. (“ATSB”)(“Vendor”)
Encumbrances : Free from encumbrances
2.4 Basis of Arriving at the Purchase Consideration
The Purchase Consideration of RM8,000,000.00 was arrived at on a willing
buyer-willing seller basis, free from all claims, liens, charges and encumbrances
and with vacant possession. Notwithstanding the above mentioned, the Company
has engaged Raine & Horne International Zaki + Partners Sdn Bhd (“Raine &
Horne”) to estimate the Market Value of the the said Land in accordance with
Malaysian Valuation Standards. Based on the Certificate of Valuation (“CV”)
issued by Raine & Horne, the Market Value of the Land is RM8,500,000.00 which
is analysed at RM32.19 per square foot.
===========================================================================

Transacted property details.  

 Property Detail :
1.Address: Telok Gadong Besar Rss 99A
2.Mukim: Kelang
3.District: Klang
4.Lot Number: 791
5.Title Number: GM 5148
6.Tenue: Freehold  
7.Land Use: Vacant Plot
8.Date Agreement: May 2008
9.Land Area: 20000 Square Meter or 215278.2 Square Feet - 100%
10.This property was sold at RM 18.8 Per Square Foot
11.Consideration:RM 4050000
Data Source: JPPH Malaysia

http://propertyvalueadd.com/my-analysis.php?Mukim=Kelang&District=Klang&Search=selangor_developmentland&Key=829

1)Could anyone verify if this is the same plot of land which was bought for 4mil in 2008?
2)Wouldn't it make business sense and fetch a higher price had it been converted to residential
  property status before selling it off ?

   Just thinking aloud !
 8) :think:
 
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 05:08:53 PM
John will do anything to con loh..!

Everything I posted about GSB are backed with real source data. I am called con man. While everthing stockraider post are without proof.. when ask for proof.. cannot give, he say everyone must listen to him because he say so!!! hahaha
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: . on July 29, 2011, 05:09:10 PM
Raider....just tease iinvestsmart mah...! Not true one loh...!
 Raider always do like that....don belief ask blur blur loh...!

No la, this c2pid bb cause all go holland with his useless growth stock strategy :rofl: :rofl: :rofl:....................................... .........................WAKAKAKAKAKAKA KAKAKAKAA
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: artbox on July 29, 2011, 05:10:07 PM
he says he got RM40 million cash :)

40 MILLION???? MONOPOLY MONEY ARRRR?????
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on July 29, 2011, 05:12:06 PM
No la, this c2pid bb cause all go holland with his useless growth stock strategy :rofl: :rofl: :rofl:....................................... .........................WAKAKAKAKAKAKA KAKAKAKAA
No loh...! Only raider visit holland only mah...! No other person is hurt mah....raider veri relief loh...!
Oldtown loss....just take it as a tuition fee loh....!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: iiinvestsmart on July 29, 2011, 05:12:26 PM
YOU SAY ONLY... WHO KNOWS???????? I ALWAYS WALK TO BANK AND AH LONGS IN OUT...

SHOW US THE MONEY.... TELL US WHICH COUNTER TO HIT...... JUST ONE ENOUGH..... :D :D :D

You have eyes but you do not see.  :)  I have mentioned those counters so many times.  

Don't be annoyed about my remark.  It is just to make a point.  

For example, if Leno the doctor were to charge you $5 for the consultation without taking a good proper history or do a good examination, the $5 price he charged maybe the CHEAPEST in town BUT relative to the value he/she offered, it would be the most EXPENSIVE.   :) :D

Always relate price to value.  Price is what you pay and value is what you get.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: artbox on July 29, 2011, 05:13:37 PM
He and raider promoted Oldtown... when it was around 1.27-1.30.. they are now laughing to the bank without their pants!!! Hehehehehe..

SOMEMORE DOWN SO FAST!!!!!!!! BUT GSB STEADY HOR??? STILL STANDING RM0.1 DESPITE ECONOMY TURMOILS
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: GenY on July 29, 2011, 05:14:40 PM
You have eyes but you do not see.  :)  I have mentioned those counters so many times.  

Don't be annoyed about my remark.  It is just to make a point.  

For example, if Leno the doctor were to charge you $5 for the consultation without taking a good proper history or do a good examination, the $5 price he charged maybe the CHEAPEST in town BUT relative to the value he/she offered, it would be the most EXPENSIVE.   :) :D

Always relate price to value.  Price is what you pay and value is what you get.

The $5 he charged will be worth $10...because he will let u molest him.... :D :D :D
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: artbox on July 29, 2011, 05:18:33 PM
You have eyes but you do not see.  :)  I have mentioned those counters so many times.  

Don't be annoyed about my remark.  It is just to make a point.  

For example, if Leno the doctor were to charge you $5 for the consultation without taking a good proper history or do a good examination, the $5 price he charged maybe the CHEAPEST in town BUT relative to the value he/she offered, it would be the most EXPENSIVE.   :) :D

Always relate price to value.  Price is what you pay and value is what you get.

THE THING IS JM ALSO SPECULATE USING HIS OWN INVESTIGATION.... IF HE KNOWS EVERYTHING..HE WILL CHOP HIS HEAD AND PLACE IN GSB SHARES!!!!!!! PUT EVERYTHING IN... EVEN IF HE IS A GSB DIRECTOR HE ALSO CANT CONTROL.. IS DEPEND ON MARKET BUY AND SELL... MORE PEOPLE WANT MORE VALUE IT IS... COMPANY'S FOUNDATION ONLY CONTRIBUTE 70% OF THE SHARES... 30% IS DEPEND ON BUY AND SELL DEMAND........... WITHOUT THIS 30%  YOU CANT ASK THE CHICKEN TO FLY...
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 05:19:58 PM
yep.. seems to be the same land, however size is different 20000 square meter is sligtly less than 5 acres. You cannot simply convert land if you dont have a real development plan for the land to get approval. The land that GSB bought is 6 acres.

2.3 Information on the said Land under Acquisition
Details of the said Land are as below:-
Title No. : Individual Title known as GM 5148 Lot 791, Mukim Klang, Tempat Telok Gadong Road, Daerah Klang, Negeri Selangor (“the said Land)
Area of the said Land : Approximately 2.4534 hectares (6 Acres 0 Rood 10.0000 Pole)
Tenure : Freehold
Other Conditions : Category of Land Use – “Pertanian”
GSB GROUP BERHAD
- GENERAL ANNOUNCEMENT
Page 2 of 5
Express Condition – “Tanaman Am”
Registered Owner : Apple Talk Sdn. Bhd. (“ATSB”)(“Vendor”)
Encumbrances : Free from encumbrances
2.4 Basis of Arriving at the Purchase Consideration
The Purchase Consideration of RM8,000,000.00 was arrived at on a willing
buyer-willing seller basis, free from all claims, liens, charges and encumbrances
and with vacant possession. Notwithstanding the above mentioned, the Company
has engaged Raine & Horne International Zaki + Partners Sdn Bhd (“Raine &
Horne”) to estimate the Market Value of the the said Land in accordance with
Malaysian Valuation Standards. Based on the Certificate of Valuation (“CV”)
issued by Raine & Horne, the Market Value of the Land is RM8,500,000.00 which
is analysed at RM32.19 per square foot.
===========================================================================

Transacted property details.  

 Property Detail :
1.Address: Telok Gadong Besar Rss 99A
2.Mukim: Kelang
3.District: Klang
4.Lot Number: 791
5.Title Number: GM 5148
6.Tenue: Freehold  
7.Land Use: Vacant Plot
8.Date Agreement: May 2008
9.Land Area: 20000 Square Meter or 215278.2 Square Feet - 100%
10.This property was sold at RM 18.8 Per Square Foot
11.Consideration:RM 4050000
Data Source: JPPH Malaysia

http://propertyvalueadd.com/my-analysis.php?Mukim=Kelang&District=Klang&Search=selangor_developmentland&Key=829

1)Could anyone verify if this is the same plot of land which was bought for 4mil in 2008?
2)Wouldn't it make business sense and fetch a higher price had it been converted to residential
  property status before selling it off ?

   Just thinking aloud !
 8) :think:
 

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: iiinvestsmart on July 29, 2011, 05:20:49 PM
Just had a visit by this couple who supply chemical to the paint and tile industry.  Business was down following the Lehman crisis.  It then picked up in second half of 2009.  It was very good in 2010.  This half year, business has dropped again.

The property market has probably peaked at the end of last year or beginning of this year.

Another indicator that the property market has peaked was when the "teacher turned property investor" started organizing courses to teach others to benefit from the property cycle.  He himself was in possession of 7 properties bought over the recent years.  Well, these are also fairly indicators of the property cycle from my experience.  :)
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: iiinvestsmart on July 29, 2011, 05:22:17 PM
SOMEMORE DOWN SO FAST!!!!!!!! BUT GSB STEADY HOR??? STILL STANDING RM0.1 DESPITE ECONOMY TURMOILS

Be mindful of what you have written.
Your greatest margin of safety is to stay with good quality company.  :)
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 05:25:25 PM
Be mindful of what you have written.
Your greatest margin of safety is to stay with good quality company.  :)

GSB has proven itself , just go and read the first few message of this topic. Evidence are everywhere that we are all invested into a very very good company GSB.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: iiinvestsmart on July 29, 2011, 05:28:59 PM
THE THING IS JM ALSO SPECULATE USING HIS OWN INVESTIGATION.... IF HE KNOWS EVERYTHING..HE WILL CHOP HIS HEAD AND PLACE IN GSB SHARES!!!!!!! PUT EVERYTHING IN... EVEN IF HE IS A GSB DIRECTOR HE ALSO CANT CONTROL.. IS DEPEND ON MARKET BUY AND SELL... MORE PEOPLE WANT MORE VALUE IT IS... COMPANY'S FOUNDATION ONLY CONTRIBUTE 70% OF THE SHARES... 30% IS DEPEND ON BUY AND SELL DEMAND........... WITHOUT THIS 30%  YOU CANT ASK THE CHICKEN TO FLY...

Never never never buy a gruesome company at ANY price.  :thumbsup:

Warren Buffett rules:
No. 1:  Do not lose money
No. 2:  Remember rule 1

 :D :D :D :D :D

So many people in this forum has been misled by JM and lost money in this GSB in May.   :(  

It would have been worse if he has managed to push the crowd/herd's sentiment to 20 sen or higher.

When the only thing that has changed in the company is the price, rather than the fundamentals, the price will not be sustained.  Thus, it was not unexpected that the price of GSB fell when it reported a bad quarter.  

Strangely, rather than accepting that he made a mistake in his promotion leading so many into losses, JM chose to put the blame on others.  :) :(
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: artbox on July 29, 2011, 05:30:44 PM
Be mindful of what you have written.
Your greatest margin of safety is to stay with good quality company.  :)

I AGREE   :thumbsup: :thumbsup:

THAT'S WHY I BUY GSB.... CAN YOU SHOW US SOME EVIDENCE AGAINST JM WHAT YOU GOT???

WE WANT TO KNOW HOW BAD GSB IS?? OR THERE IS NONE?? OR JUST SOME GUESS? MIND TO SHARE?
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: artbox on July 29, 2011, 05:35:08 PM
TOLD YOU GUYSSSS, JM IS BASED ON HIS RESEARCH BOUT GSB.. WHAT I SAY IS GENUINE ENOUGH...

AS I SAID IF HE KNOWS ALL HE WILL BE GOD AND CHOP HIS HEAD TO PLACE A BET ON GSB......

THOSE WIN NEVER SAY A WORD...

THOSE LOSE WANTS HIS HEAD AND MOCK AROUND...... LATER WHEN THIS GSB NAIK... ALL SAYANG JM... WHAT LA YOU GUYS?

IM THOSE WHO WIN... MONITORING GSB...

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: iiinvestsmart on July 29, 2011, 05:39:50 PM

 Just A Reminder Folks! Interest Rate going up soon!

1. Saturday July 16, 2011
CLSA downgrades property sector rating

PETALING JAYA: CLSA Asia-Pacific Markets has downgraded the property sector rating to neutral from overweight in view of the mixed signals from transaction volumes and the growth rate of residential loan approval.


2. Monday, July 4, 2011
RHB Research cautious on property sector.

KUALA LUMPUR: RHB Research has turned cautious on the property sector and property stocks in the third quarter of 2011 as the property upcycle, which usually lasts for two years, is almost there.


The research house said on Monday, July 4 that property stock prices normally price in six to nine months ahead.

RHB Research said the four key concerns are the higher risk profile due to massive credit growth driven by liquidity;'' further monetary and regulatory tightening measures; rising inflationary pressure; and'' negative sentiment from regional property sector downgrade.


  (http://images.zaazu.com/img/loser-animation-animated-loser-smiley-emoticon-000355-large.gif)   



Well, this report concurred with my findings from my scuttlebutt approaches that I shared here. 

At least, I am not talking fairy tales.  :D
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: artbox on July 29, 2011, 05:42:13 PM
Well, this report concurred with my findings from my scuttlebutt approaches that I shared here. 

At least, I am not talking fairy tales.  :D

AIYAA... THAT ONE IS GENERAL.. I READ FEW MONTHS AGO....

WE WANT SOME NEWS BOUT GSB... SOMETHING MORE DIRECT.... SOMETHING SENSITIVE THAT CAN POKE GSB'S HEART.

GOT OR NOT??? OR ONLY LEFT WITH GOOD NEWS??  :D :D :D
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: iiinvestsmart on July 29, 2011, 05:44:28 PM

 Just A Reminder Folks! Interest Rate going up soon!

1. Saturday July 16, 2011
CLSA downgrades property sector rating

PETALING JAYA: CLSA Asia-Pacific Markets has downgraded the property sector rating to neutral from overweight in view of the mixed signals from transaction volumes and the growth rate of residential loan approval.


2. Monday, July 4, 2011
RHB Research cautious on property sector.

KUALA LUMPUR: RHB Research has turned cautious on the property sector and property stocks in the third quarter of 2011 as the property upcycle, which usually lasts for two years, is almost there.


The research house said on Monday, July 4 that property stock prices normally price in six to nine months ahead.

RHB Research said the four key concerns are the higher risk profile due to massive credit growth driven by liquidity;'' further monetary and regulatory tightening measures; rising inflationary pressure; and'' negative sentiment from regional property sector downgrade.


  (http://images.zaazu.com/img/loser-animation-animated-loser-smiley-emoticon-000355-large.gif)   



In recent postings, I mentioned my lawyer friend who lamented that the transaction volumes have peaked last year and there are less this year.  Also, the group of developers who are sharing that there are less buyers in the market for properties compared to last year.  And of course, I posted today the business performance of the chemical supplier to the paint and tile factories which are closely linked to the construction and property industry.

All these concur with the report above.

The scuttlebutt approach does work most of the time.  Use it frequently to benefit your investing.  :handshake:
 :)
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: iiinvestsmart on July 29, 2011, 05:46:45 PM
AIYAA... THAT ONE IS GENERAL.. I READ FEW MONTHS AGO....

WE WANT SOME NEWS BOUT GSB... SOMETHING MORE DIRECT.... SOMETHING SENSITIVE THAT CAN POKE GSB'S HEART.

GOT OR NOT??? OR ONLY LEFT WITH GOOD NEWS??  :D :D :D


The property sector is cyclical.  I am afraid GSB is not a good quality company to escape this property cycle.  
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: iiinvestsmart on July 29, 2011, 05:54:15 PM
The $5 he charged will be worth $10...because he will let u molest him.... :D :D :D

Even with the freebie, you may still need to do a valuation.  :)
When the doctor did not sort out your serious problem, what value did you get from the visit?  ;)
Therefore, always look at the value, then the price. 
This is true also for investing.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: iiinvestsmart on July 29, 2011, 06:09:22 PM
   
Type
Last Done
Change
Volume ('000)
Total
Change
16:34:56   Buy Up   0.105   0.005   0.2   -136.0
16:04:42   Buy Up   0.100   0.000   136.2   6.2
15:58:55   Buy Up   0.100   0.000   130.0   110.0
15:48:00   Buy Up   0.100   0.000   20.0   -51.9
14:46:05   Buy Up   0.100   0.000   71.9   43.8
14:46:05   Buy Up   0.100   0.000   28.1   -11.9


Desperate trapped sellers buying up to sellers' ask price of 0.105 at end of the day.
How much was bought?  0.2 x 1000 x 0.105 = MR 21.00   :D :(


(http://biz.thestar.com.my/cfxtemp/CFT0729_180415203.png)

The closing price of GSB is carefully "manipulated".
Is this obvious to those in this stock?
Some "trapped" in this stock is desperate to sell.  :(
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 06:11:53 PM
Why not just tell people you are also a "lawyer", no need to create an imaginary "lawyer friend".

In recent postings, I mentioned my lawyer friend who lamented that the transaction volumes have peaked last year and there are less this year.  Also, the group of developers who are sharing that there are less buyers in the market for properties compared to last year.  And of course, I posted today the business performance of the chemical supplier to the paint and tile factories which are closely linked to the construction and property industry.

All these concur with the report above.

The scuttlebutt approach does work most of the time.  Use it frequently to benefit your investing.  :handshake:
 :)
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Guesst on July 29, 2011, 06:12:08 PM
Never never never buy a gruesome company at ANY price.  :thumbsup:

Warren Buffett rules:
No. 1:  Do not lose money
No. 2:  Remember rule 1

 :D :D :D :D :D



There's no such thing as no one losing money in the stock market, or in the company they run.. Warren Buffet has rules, and he also breaks his own rules:

Don't canniballise thoughts and sentences without looking at the whole..

Warren Buffett's investment firm Berkshire Hathaway reports huge losses
Tom Bawden in New York

Berkshire Hathaway, the investment firm run by Warren Buffett, the world’s richest man reported a 77 per cent drop in third-quarter profits, as a $1.01 billion loss on derivatives and other investments combined with sharply reduced results from its operations across the board.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 06:14:05 PM
These student "investors" read alot of books.. they only choose those which they like to read. After reading a few investment book.. they think they are a hotshot investor already. :)

There's no such thing as no one losing money in the stock market, or in the company they run.. Warren Buffet has rules, and he also breaks his own rules:

Don't canniballise thoughts and sentences without looking at the whole..

Warren Buffett's investment firm Berkshire Hathaway reports huge losses
Tom Bawden in New York

Berkshire Hathaway, the investment firm run by Warren Buffett, the world’s richest man reported a 77 per cent drop in third-quarter profits, as a $1.01 billion loss on derivatives and other investments combined with sharply reduced results from its operations across the board.

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: iiinvestsmart on July 29, 2011, 06:14:47 PM
Why not just tell people you are also a "lawyer", no need to create an imaginary "lawyer friend".


I am always truthful in my postings.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 06:15:37 PM
I am always truthful in my postings.

so, you really have RM40 million or not ?
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: iiinvestsmart on July 29, 2011, 06:18:15 PM
so, you really have RM40 million or not ?

Let me refer to my post below.

I am always truthful in my postings.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 06:19:01 PM
Let me refer to my post below.


since you say you are truthful... I want to hear it from you again.. Do you have RM40 million like you said last time ?
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 06:22:09 PM
since you say you are truthful... I want to hear it from you again.. Do you have RM40 million like you said last time ?

what happened... cannot answer already, very "truthful" indeed :)
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Guesst on July 29, 2011, 06:22:15 PM
since you say you are truthful... I want to hear it from you again.. Do you have RM40 million like you said last time ?

Yeah... pls say it.. say it... say it... don't play with words. Do you have RM40 million cash or equivalent liquid assets NOW?? That can be mobilised and buy up all 400 million GSB shares at 10 cents each (assuming the holders want to sell).
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: iiinvestsmart on July 29, 2011, 06:24:01 PM
Yeah... pls say it.. say it... say it... don't play with words. Do you have RM40 million cash or equivalent liquid assets NOW?? That can be mobilised and buy up all 400 million GSB shares at 10 cents each (assuming the holders want to sell).

I am always truthful.
Therefore, the problem lies in whether you choose to believe or not.
There is nothing that I need to do.
Can you see the logic? :)
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 06:24:36 PM
I am always truthful.
Therefore, the problem lies in whether you choose to believe or not.
There is nothing that I need to do.
Can you see the logic? :)

So, got RM40 million cash or not ?
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 06:25:15 PM
So, got RM40 million cash or not ?

dare not say it anymore ah... RM40 million claim, truthful my foot!!!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 06:27:13 PM
dare not say it anymore ah... RM40 million claim, truthful my foot!!!


I dont even need to tell people I am truthful or not...all I need is to show proof, source data to back up my claims. Not like you and stockraider, cant even show a single proof of your claims... day and night called everyone else con man while you yourself caught lying over and over again.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: iiinvestsmart on July 29, 2011, 06:27:43 PM
JM  :)


I am always truthful.
Therefore, the problem lies in whether you choose to believe or not.
There is nothing that I need to do.
Can you see the logic? :)
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: . on July 29, 2011, 06:27:55 PM
GSB Group Berhad ( 7077 ) formally known as SMSUMMIT
www.gsbsummit.com.my

HISTORY

SMSUMMIT core business is providing services to manufacture of CD and cassette tape for the entertainment industry. Prior to the entry of directors related to SIMA GROUP, there were no property development activites within SMSUMMIT. Cassette tape business and CD business was not doing well. In fact cassette tape was a sunset industry and at the same time, many Directors has also come and go and company has become very unstable.

When new management team from SIMA GROUP starts to play a prominant role in SMSUMMIT in 2008 ( now known as GSB ). GSB undergo a massive clean up to get rid of all the loss making business units and at the same time ventures into property development. This effort is now bearing fruits and the latest interim results are showing positive results. Although GSB still retains the CD/DVD business ( now profitable ), they are moving towards a more lucarative property development business. With the SIMA GROUP banner in their properties, the are able to secure a very high take up rate of their properties because SIMA GROUP is well known for being a very reliable property developer that produce very high quality properties.

At the moment GSB have 2 small projects in hand. As you can see from the photos, both and near completion.

1. Laman Ara Utama in Bandar Utama.
http://www.sima.com.my/index.php?option=com_content&view=article&id=43&Itemid=50

(http://sima-com-my.sgkinta.mschosting.org/images/stories/lamanara/thumb-lamaara.jpg)
May 2011
(http://a2.sphotos.ak.fbcdn.net/hphotos-ak-snc6/218022_10150151187773602_530548601_6618229_3319869_n.jpg)

2. Courtyard Villa @ Taman Bentong Makmur in Bentong.
http://www.sima.com.my/index.php?option=com_content&view=article&id=46&Itemid=61

(http://sima-com-my.sgkinta.mschosting.org/images/stories/courtyard/bentong-thumb.jpg)
May 2011
(http://i1105.photobucket.com/albums/h342/johnmaster1111/courtyard.jpg)

These properties looks very attractive, they also have very practical designs and of very high quality. These two project will give you an idea what type of properties that they are capable to produce in the future. It does not show any signs of novice developer, it shows a signs of a very experienced property developer... You must be wondering what is going on ? How do they do it ?

The answer is.. the SIMA GROUP

Who is SIMA GROUP ?

Although very low profile, SIMA GROUP Group is a very reputable construction and property player in the country and has been around for about 40 years. They are well known for their quality of work and also being a very trustworthy property developer. Although low profile, do not under-estimate SIMA GROUP because they are handle any forms of property development projects and are able to compete with any big property players in the country in terms of capabilities and quality. Try study their properties from their website how well they design their properties ( www.sima.com.my ). The only trouble I see with them in the past is funding limitations of being a private company, thats why they never grow beyond of what they are today. I am very sure they are aware of it and that leads them to have a listed unit, GSB.

I also noticed that they have a Scholarship programme, although small matter but this is a sign of a strong and rich company that emphasize alot on the quality of their workers. Alot of people overlooked the importance of high quality workers, for me this is very important because these are the people who will decide the future of any company. A good company can be run into the ground with lousy workers but a bad company can be turned into gold by good capable workers.

You can also look at this old article about the SIMA GROUP :
http://www.theedgeproperty.com/news-a-views/4912-cityacountry-sima-group-banks-on-sincerity-to-grow.html

SIMA GROUP OFFICIAL WEBSITE :
www.sima.com.my

From SIMA GROUP website, 2 out of their 3 current projects belongs to GSB. GSB has become very significant business unit within the SIMA GROUP. GSB is also the only listed unit within the SIMA GROUP. This is based on the increased shareholding of SIMA GROUP related parties over GSB and also the backing from SIMA GROUP for all GSB property development projects. The only one current property project that not inside GSB is a very impressive project called Kelana Parklane. Although the Kelana Parklane project is not inside GSB, it does not mean GSB cannot do an equally impressive project in the future because GSB has the same capabilities with the rest of the unlisted companies under the SIMA GROUP because they share the same resources.

At the moment GSB is still trading around 10sen, this is very attractive for a fast growing profitable company with such a huge potential ahead and a exceptionally strong brand name SIMA GROUP. GSB is no longer an un-stable loss making company that it used to be in the past, it is now a profitable and financially stable company with a very good management team. GSB currently is still left unnoticed inside KLSE, in the wrong sector ( industrial ). People are still not aware of this transformation. One day when this transformed GSB starts its bold move into the property market with bigger projects, people will start to notice it and its share price will surely get a big boost. GSB is on the route to become a major property player in the country with SIMA GROUP as its back-bone.

Please take note of these date and how SIMA GROUP, slowly seeps quietly into SMSUMMIT taking over the control of SMSUMMIT ( later change name to GSB ). Which is now a vehicle for SIMA GROUP into KLSE. ( you can find all these from www.klse.com.my (http://www.klse.com.my) , look for SMSUMMIT and GSB )

Nov 2005, SMSUMMIT subscribe to 89.47% of Serta Usaha Sdn Bhd from Sima Group

Sep 2006, Annual Reports ( Sep 2006 ): Sima Group Related shareholdings... ( 4.9% )
Oct 2006, Many key directors of SMSUMMIT resigns
Dec 2006, Gan Pik Mui, Gan Book Kat becomes director of SMSUMMIT ( daughter and son of Sima Group owner, both are also directors of Sima Group )
Dec 2006, Change of name from SMSUMMIT to GSB Group Berhad

Feb 2007, Jeffery Ong ( husband of Gan Pik Mui ) becomes Managing Executive Director of GSB
Sep 2007, Annual Reports ( Sep 2007 ): Sima Group Related shareholdings... ( 26.3% )

Feb 2008, GSB acquired the remaining 10.53% Serta Usaha from Sima Group
Aug 2008, Chairman from previous SMSUMMIT management resigns
Aug 2008, Jeffery Ong becomes chairman of GSB
Sep 2008, Annual Reports: Sima Group Related Shareholdings... ( 31.6% )

Jun 2009, Laman Ara Utama Condovilla project launched, 100% sold out.
Oct 2009, Courtyard Villa, Bentong project launched
Sep 2009, Annual Reports: Sima Group Related Shareholdings.. ( 31.6% )

Apr 2010, Banda Industries Sdn Bhd from Sima Group is now 100% owned by GSB
Sep 2010, Annual Reports ( Sep 2010 ): Sima Group Related Shareholdings.. ( 31.6% )

Jan 2011, GSB sold Ritz Garden Hotel for RM22 million in Cash ( Profit RM4.4 million ).

Note: These are Sima Group related parties, Gan Seng Biang ( Sima Group owner ), Gan Pik Mui ( daughter ), Gan Boon Kat ( Son ), Jeffery Ong ( Son in law ), ID D’Art Sdn Bhd, Sun Acres Development... there could be many more that I am unaware of. There is another company Suria Bitara Sdn Bhd which holds 20.12% GSB shares, Suria Bitara has the same business address with SIMA GROUP.

There are 2 significant units from SIMA GROUP has already been injected into GSB ( Serta Usaha Sdn Bhd and Banda Industries Sdn Bhd ). Both deals are already completed. They are contributing positively to GSB now and are expected to provide more future income for GSB. Lets look at both of them...

Serta Usaha Sdn Bhd.

Serta Usaha Sdn Bhd is acquired from Sima Group for RM9.5 million ( 89.47% in Nov 2005 for RM8.5 million and 10.53% completed  in 2008 for RM1 million )

Serta Usaha has 3 main assets,
Refer to KLSE Announcement, SMSUMMIT : 17/11/2005
http://www.klse.com.my/website/bm/listed_companies/company_announcements/announcements/archives.jsp

(1) A 13 storey hotel known as Ritz Garden Hotel, Taman Seputeh, Kuala Lumpur. Very near Mid Valley, rented to 3rd party operator
(2) Freehold commercial land in Bentong 1,999.15 metre square
(3) Two parcels of freehold industrial land, Daerah Kuala Muda, Kedah 22,311 metre square and 39,355 metre square

in Jan 2011, GSB sold (1) Ritz Garden Hotel for RM22 million in Cash.

Banda Industries Sdn Bhd.

Banda Industries Sdn Bhd is acquired from Sima Group for RM5 million in Apr 2009

Banda Industries Sdn Bhd comes with following assets,
http://www.klse.com.my/website/bm/listed_companies/company_announcements/announcements/archives.jsp
Refer to KLSE Announcement, GSB: 30/07/2009  ( Page 7 and Page 8 in PDF file )

If you want to know how much all that is worth, please do your own calculation because prices of houses change all the time. Posted in May 2011 ( iproperty ), New Launch of a Semi-D in Bentong is RM788K, you can use that as a benchmark to do your own valuation. http://www.iproperty.com.my/propertylisting/829684/TAMAN_BUKIT_BENTONG_Semi-detached_House_ForSale

(1) Land earmarked for development of 66 units of double storey terrace houses

(2) Land earmarked for development of 20 units of bungalow

(3) Riverville is a proposed high end residential development project 20.6 acres adjacent to the Taman Bentong Makmur
It is expected to comprise the following developments:
- 120 units of double storey terrace houses
- 64 units of semi-detached houses
- 16 units of bungalows lots/bungalows

Banda Industries Sdn Bhd also comes with a JV business with another company Restu Angkasa Sdn Bhd ( Land Owner ) to develop a 52.08 acre land
Known as Bukit Utama next to Taman Bentong Makmur where Banda Industries Sdn Bhd land are

Comprise the following developments:
- 233 units of double storey terrace houses;
- 34 units of semi-detached houses; and
- 80 units of bungalows lots.

---

Financials

For safety reason, lets look at whether this company is financially stable or not.

Bank borrowings vs Cash position.

Un-manageable Bank Borrowings can bring down a company. Because once you defaulted a bank repayment you will get a nasty classification and this can be very damaging any companies because both suppliers and customers will also be avoiding such companies. So, this is something we must always look into.

Based on the latest financial report, until 31 Mar 2011.

Short Term Bank Borrowings= RM1.753 million
Bank Overdraft = RM6.161 million
Long Term Bank Borrowings= RM4.822 million
Total Bank Borrowings= RM12.763 million
Cash in Hand plus Fixed Deposit= RM4.068 million

So, by just looking at it, it is Cash RM4.068 million vs Bank Borrowings RM12.763 million. It does not look good especially when GSB has always been known as a loss making company with no future prospects. Probably thats why people are afraid of it and bypass GSB without looking any further.

Most people do not know that GSB has now turned profitable under the new SIMA GROUP management and they also have a new lucarative property development business with a very strong brand name, SIMA GROUP. With SIMA GROUP, we can expect exciting bright future for GSB especailaly in the property development business... because SIMA GROUP is a very reputable and proven as reliable property/construction player that has been delivering good quality properties for the past 40 years.

Even though Cash vs Borrowings position is not a good at the moment, it is still considered as manageable because RM12.763 million is not a very big amount of money.

However  :phew:  :clap:, there is a very significant development in GSB that will change everything; Just recently in Jan 2011, they sold a hotel building which is held under one of their Subsidiary, Serta Usaha for RM22 million in Cash ( RM4.4 million profit ).

Their Cash in Hand will now will be increased to at least RM26.068 million after the sales of the hotel.

So it will be RM26.068 million Cash in Hand vs RM12.763 million total Bank Borrowings.

With that, we can say GSB is no longer a Bank Borrowing risky counter. GSB will be in a very comfortable cash position and this position will improve further because GSB is also profit making company now and more net cash ( profits ) will be coming in from their other business operations. This, however will not make GSB very rich but enough to keep away the Banks from causing troubles and enough for them to launch bigger projects in the future.

Furthermore, with the completion of Both Laman Ara Utama and Courtyard Villa ( whithin this few month ), more cash will be flowing back into GSB. That will put them in even a stronger position.

Although not fantastic but it is good enough to ensure that GSB will not be in any financial difficulties. Best of all GSB achieve all this from a troubled company without asking a single sen from their shareholders. I believe this will improve further as GSB launch more property projects in the future.


Summary

GSB Berhad ( 7077 ) represents an excellent investment oppurtunity with the entry of SIMA GROUP. GSB have the same attributes of all the other unlisted sister companies within the SIMA GROUP. GSB are now able to build properties under the SIMA GROUP name with the design and built quality of SIMA GROUP. This will ensure a very high take up rate in any project launched by GSB ( already proven by their two project Laman Ara Utama and Courtyard Villa @ Taman Bentong Makmur ).

You can read about Sima Group from http://www.theedgemalaysia.com/property/175417-city-a-country-sima-group-banks-on-sincerity-to-grow.html and www.sima.com.my . You will noticed that SIMA GROUP is a very progressive company with very bright future ahead, GSB is currently the only company in SIMA GROUP that is public listed, we can expect them to become more prominent in the future taking on larger property projects because they have better access to the capital market for fundings and also better image of being listed compared to their other unlisted sister companies within the SIMA GROUP.

Not only being a very reputable property developer for the past 40 years, from Sima Group website you will also noticed that they are investing a lot into human capital by having a Scholarship programme... this programme will enable them to take advantage from some of the smartest people in the country. Just by looking at some of the design of the properties you can immediately sense great progressive minds are at work in the SIMA GROUP. The combination of great progressive minds together with 40 years of technical knowledge/skills and high quality work in the property/construction industries, surely it will have a clear advantage when comes to competition.

And of cos as an investor, you need to protect your investment. Besides capabilities, SIMA GROUP is also well known for the past 40 years for their trustworthiness. With that, you can feel at comfort investing into this company because they are not known to take advantage of the minority shareholders. It has already been proven for the past 4 years, even though they are not in good financial health, they just make use of whatever limited resources they can find in the company and yet still able to turn around the company with 4 years of non-stop improvement... without having to ask for more money from minority shareholders.

Many people have ask, why SIMA GROUP already existed 40 years and yet still not as big some of the major property players. As a private company, as we all know will have funding limitations... it all depends on how their boss take risk to secure funds. This for sure will limit the available funds for their property development projects, that is why SIMA GROUP will not be able grow much even though they are have all the technical capabilities.

They could have continued to operate as a private company, I believe it has to do with his children slowly taking over the SIMA GROUP since the boss is already 66 year old... and these young people are definately more ambitious and are exposed more to the financial market, they will surely try to break the funding limitation by getting SIMA GROUP into the capital market ( GSB ). Now together with the SIMA GROUP 40 years of property development expertise and unlimited funds from the capital market, it is new era for SIMA GROUP via GSB. I would not be surprised they were inject the entire SIMA GROUP into GSB in the future. New asset injection or not GSB is set to go after the big boys.

---

Lets look at the Latest Events... everything are pointing at a very positive and promising future for GSB.

Latest Financial Results ( 300% improvement )

This is the best results in the past 4 years, both quarterly and also yearly. It also shows that GSB is moving into the right direction with their new property development business. Just look at the data, every single year there are improvement. They are able to achieve all this with the limited cash they currently have. This show us that GSB have a very good management team because with such a tight resources, they are still able to produce such a good progessive results ( 300% improvement vs last year and non-stop progress for the past 4 years )

Prospects

Now with the additional RM22 million from the hotel sales ( RM4.4 million profit already in the pocket ) and the remaining money coming in from Laman Ara Utama and Courtyard Villa in the next financial year, and a RM300 million (estimates based on RM1M for a Bangalow, RM699K for Semi D and RM300K for Doube-Storey Link ) project in Bentong in the pipe-line at a location where I was told many rich people are staying.

Everything looks very promising for a counter which is still trading around 10sen. Apart from these existing projects and confirmed money coming in, GSB also stand a very good chance to secure new projects since they are now part of the SIMA GROUP. SIMA GROUP as a private company will not be able to secure enough funds to handle too many projects, rather than losing projects to competitors, they will definately pump some projects into GSB because GSB has no funding limitations being a listed company.

4 years of non-stop improvement.

Full Year ( Profit/Loss )
2008 = -4,765K
2009 = -3,788K
2010 = -879K
2011 = 1,629K = Latest ( improved around 300% vs last year, best result in the past 4 years, turns profitable )

4th Quarter ( Profit/Loss )
2008 = -3,241K
2009 = -1,161K
2010 = -982K
2011 = -306K  = Latest ( improved around 300% vs last year, best result in the past 4 years )

With the RM22 million cash coming in from hotel sales and more money will be coming in from their two completing, They will end up with alot of cash on hand. Strangely, they have yet to launch any new projects... new project launch is unavoidable, or are they preparing to take over the Kelana Parklane project ? Whatever it is, it will give GSB a big boost. GSB is about to move into a new era... massive potential ahead.

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: . on July 29, 2011, 06:28:37 PM
GSB Group Berhad ( 7077 ) formally known as SMSUMMIT
www.gsbsummit.com.my

HISTORY

SMSUMMIT core business is providing services to manufacture of CD and cassette tape for the entertainment industry. Prior to the entry of directors related to SIMA GROUP, there were no property development activites within SMSUMMIT. Cassette tape business and CD business was not doing well. In fact cassette tape was a sunset industry and at the same time, many Directors has also come and go and company has become very unstable.

When new management team from SIMA GROUP starts to play a prominant role in SMSUMMIT in 2008 ( now known as GSB ). GSB undergo a massive clean up to get rid of all the loss making business units and at the same time ventures into property development. This effort is now bearing fruits and the latest interim results are showing positive results. Although GSB still retains the CD/DVD business ( now profitable ), they are moving towards a more lucarative property development business. With the SIMA GROUP banner in their properties, the are able to secure a very high take up rate of their properties because SIMA GROUP is well known for being a very reliable property developer that produce very high quality properties.

At the moment GSB have 2 small projects in hand. As you can see from the photos, both and near completion.

1. Laman Ara Utama in Bandar Utama.
http://www.sima.com.my/index.php?option=com_content&view=article&id=43&Itemid=50

(http://sima-com-my.sgkinta.mschosting.org/images/stories/lamanara/thumb-lamaara.jpg)
May 2011
(http://a2.sphotos.ak.fbcdn.net/hphotos-ak-snc6/218022_10150151187773602_530548601_6618229_3319869_n.jpg)

2. Courtyard Villa @ Taman Bentong Makmur in Bentong.
http://www.sima.com.my/index.php?option=com_content&view=article&id=46&Itemid=61

(http://sima-com-my.sgkinta.mschosting.org/images/stories/courtyard/bentong-thumb.jpg)
May 2011
(http://i1105.photobucket.com/albums/h342/johnmaster1111/courtyard.jpg)

These properties looks very attractive, they also have very practical designs and of very high quality. These two project will give you an idea what type of properties that they are capable to produce in the future. It does not show any signs of novice developer, it shows a signs of a very experienced property developer... You must be wondering what is going on ? How do they do it ?

The answer is.. the SIMA GROUP

Who is SIMA GROUP ?

Although very low profile, SIMA GROUP Group is a very reputable construction and property player in the country and has been around for about 40 years. They are well known for their quality of work and also being a very trustworthy property developer. Although low profile, do not under-estimate SIMA GROUP because they are handle any forms of property development projects and are able to compete with any big property players in the country in terms of capabilities and quality. Try study their properties from their website how well they design their properties ( www.sima.com.my ). The only trouble I see with them in the past is funding limitations of being a private company, thats why they never grow beyond of what they are today. I am very sure they are aware of it and that leads them to have a listed unit, GSB.

I also noticed that they have a Scholarship programme, although small matter but this is a sign of a strong and rich company that emphasize alot on the quality of their workers. Alot of people overlooked the importance of high quality workers, for me this is very important because these are the people who will decide the future of any company. A good company can be run into the ground with lousy workers but a bad company can be turned into gold by good capable workers.

You can also look at this old article about the SIMA GROUP :
http://www.theedgeproperty.com/news-a-views/4912-cityacountry-sima-group-banks-on-sincerity-to-grow.html

SIMA GROUP OFFICIAL WEBSITE :
www.sima.com.my

From SIMA GROUP website, 2 out of their 3 current projects belongs to GSB. GSB has become very significant business unit within the SIMA GROUP. GSB is also the only listed unit within the SIMA GROUP. This is based on the increased shareholding of SIMA GROUP related parties over GSB and also the backing from SIMA GROUP for all GSB property development projects. The only one current property project that not inside GSB is a very impressive project called Kelana Parklane. Although the Kelana Parklane project is not inside GSB, it does not mean GSB cannot do an equally impressive project in the future because GSB has the same capabilities with the rest of the unlisted companies under the SIMA GROUP because they share the same resources.

At the moment GSB is still trading around 10sen, this is very attractive for a fast growing profitable company with such a huge potential ahead and a exceptionally strong brand name SIMA GROUP. GSB is no longer an un-stable loss making company that it used to be in the past, it is now a profitable and financially stable company with a very good management team. GSB currently is still left unnoticed inside KLSE, in the wrong sector ( industrial ). People are still not aware of this transformation. One day when this transformed GSB starts its bold move into the property market with bigger projects, people will start to notice it and its share price will surely get a big boost. GSB is on the route to become a major property player in the country with SIMA GROUP as its back-bone.

Please take note of these date and how SIMA GROUP, slowly seeps quietly into SMSUMMIT taking over the control of SMSUMMIT ( later change name to GSB ). Which is now a vehicle for SIMA GROUP into KLSE. ( you can find all these from www.klse.com.my (http://www.klse.com.my) , look for SMSUMMIT and GSB )

Nov 2005, SMSUMMIT subscribe to 89.47% of Serta Usaha Sdn Bhd from Sima Group

Sep 2006, Annual Reports ( Sep 2006 ): Sima Group Related shareholdings... ( 4.9% )
Oct 2006, Many key directors of SMSUMMIT resigns
Dec 2006, Gan Pik Mui, Gan Book Kat becomes director of SMSUMMIT ( daughter and son of Sima Group owner, both are also directors of Sima Group )
Dec 2006, Change of name from SMSUMMIT to GSB Group Berhad

Feb 2007, Jeffery Ong ( husband of Gan Pik Mui ) becomes Managing Executive Director of GSB
Sep 2007, Annual Reports ( Sep 2007 ): Sima Group Related shareholdings... ( 26.3% )

Feb 2008, GSB acquired the remaining 10.53% Serta Usaha from Sima Group
Aug 2008, Chairman from previous SMSUMMIT management resigns
Aug 2008, Jeffery Ong becomes chairman of GSB
Sep 2008, Annual Reports: Sima Group Related Shareholdings... ( 31.6% )

Jun 2009, Laman Ara Utama Condovilla project launched, 100% sold out.
Oct 2009, Courtyard Villa, Bentong project launched
Sep 2009, Annual Reports: Sima Group Related Shareholdings.. ( 31.6% )

Apr 2010, Banda Industries Sdn Bhd from Sima Group is now 100% owned by GSB
Sep 2010, Annual Reports ( Sep 2010 ): Sima Group Related Shareholdings.. ( 31.6% )

Jan 2011, GSB sold Ritz Garden Hotel for RM22 million in Cash ( Profit RM4.4 million ).

Note: These are Sima Group related parties, Gan Seng Biang ( Sima Group owner ), Gan Pik Mui ( daughter ), Gan Boon Kat ( Son ), Jeffery Ong ( Son in law ), ID D’Art Sdn Bhd, Sun Acres Development... there could be many more that I am unaware of. There is another company Suria Bitara Sdn Bhd which holds 20.12% GSB shares, Suria Bitara has the same business address with SIMA GROUP.

There are 2 significant units from SIMA GROUP has already been injected into GSB ( Serta Usaha Sdn Bhd and Banda Industries Sdn Bhd ). Both deals are already completed. They are contributing positively to GSB now and are expected to provide more future income for GSB. Lets look at both of them...

Serta Usaha Sdn Bhd.

Serta Usaha Sdn Bhd is acquired from Sima Group for RM9.5 million ( 89.47% in Nov 2005 for RM8.5 million and 10.53% completed  in 2008 for RM1 million )

Serta Usaha has 3 main assets,
Refer to KLSE Announcement, SMSUMMIT : 17/11/2005
http://www.klse.com.my/website/bm/listed_companies/company_announcements/announcements/archives.jsp

(1) A 13 storey hotel known as Ritz Garden Hotel, Taman Seputeh, Kuala Lumpur. Very near Mid Valley, rented to 3rd party operator
(2) Freehold commercial land in Bentong 1,999.15 metre square
(3) Two parcels of freehold industrial land, Daerah Kuala Muda, Kedah 22,311 metre square and 39,355 metre square

in Jan 2011, GSB sold (1) Ritz Garden Hotel for RM22 million in Cash.

Banda Industries Sdn Bhd.

Banda Industries Sdn Bhd is acquired from Sima Group for RM5 million in Apr 2009

Banda Industries Sdn Bhd comes with following assets,
http://www.klse.com.my/website/bm/listed_companies/company_announcements/announcements/archives.jsp
Refer to KLSE Announcement, GSB: 30/07/2009  ( Page 7 and Page 8 in PDF file )

If you want to know how much all that is worth, please do your own calculation because prices of houses change all the time. Posted in May 2011 ( iproperty ), New Launch of a Semi-D in Bentong is RM788K, you can use that as a benchmark to do your own valuation. http://www.iproperty.com.my/propertylisting/829684/TAMAN_BUKIT_BENTONG_Semi-detached_House_ForSale

(1) Land earmarked for development of 66 units of double storey terrace houses

(2) Land earmarked for development of 20 units of bungalow

(3) Riverville is a proposed high end residential development project 20.6 acres adjacent to the Taman Bentong Makmur
It is expected to comprise the following developments:
- 120 units of double storey terrace houses
- 64 units of semi-detached houses
- 16 units of bungalows lots/bungalows

Banda Industries Sdn Bhd also comes with a JV business with another company Restu Angkasa Sdn Bhd ( Land Owner ) to develop a 52.08 acre land
Known as Bukit Utama next to Taman Bentong Makmur where Banda Industries Sdn Bhd land are

Comprise the following developments:
- 233 units of double storey terrace houses;
- 34 units of semi-detached houses; and
- 80 units of bungalows lots.

---

Financials

For safety reason, lets look at whether this company is financially stable or not.

Bank borrowings vs Cash position.

Un-manageable Bank Borrowings can bring down a company. Because once you defaulted a bank repayment you will get a nasty classification and this can be very damaging any companies because both suppliers and customers will also be avoiding such companies. So, this is something we must always look into.

Based on the latest financial report, until 31 Mar 2011.

Short Term Bank Borrowings= RM1.753 million
Bank Overdraft = RM6.161 million
Long Term Bank Borrowings= RM4.822 million
Total Bank Borrowings= RM12.763 million
Cash in Hand plus Fixed Deposit= RM4.068 million

So, by just looking at it, it is Cash RM4.068 million vs Bank Borrowings RM12.763 million. It does not look good especially when GSB has always been known as a loss making company with no future prospects. Probably thats why people are afraid of it and bypass GSB without looking any further.

Most people do not know that GSB has now turned profitable under the new SIMA GROUP management and they also have a new lucarative property development business with a very strong brand name, SIMA GROUP. With SIMA GROUP, we can expect exciting bright future for GSB especailaly in the property development business... because SIMA GROUP is a very reputable and proven as reliable property/construction player that has been delivering good quality properties for the past 40 years.

Even though Cash vs Borrowings position is not a good at the moment, it is still considered as manageable because RM12.763 million is not a very big amount of money.

However  :phew:  :clap:, there is a very significant development in GSB that will change everything; Just recently in Jan 2011, they sold a hotel building which is held under one of their Subsidiary, Serta Usaha for RM22 million in Cash ( RM4.4 million profit ).

Their Cash in Hand will now will be increased to at least RM26.068 million after the sales of the hotel.

So it will be RM26.068 million Cash in Hand vs RM12.763 million total Bank Borrowings.

With that, we can say GSB is no longer a Bank Borrowing risky counter. GSB will be in a very comfortable cash position and this position will improve further because GSB is also profit making company now and more net cash ( profits ) will be coming in from their other business operations. This, however will not make GSB very rich but enough to keep away the Banks from causing troubles and enough for them to launch bigger projects in the future.

Furthermore, with the completion of Both Laman Ara Utama and Courtyard Villa ( whithin this few month ), more cash will be flowing back into GSB. That will put them in even a stronger position.

Although not fantastic but it is good enough to ensure that GSB will not be in any financial difficulties. Best of all GSB achieve all this from a troubled company without asking a single sen from their shareholders. I believe this will improve further as GSB launch more property projects in the future.


Summary

GSB Berhad ( 7077 ) represents an excellent investment oppurtunity with the entry of SIMA GROUP. GSB have the same attributes of all the other unlisted sister companies within the SIMA GROUP. GSB are now able to build properties under the SIMA GROUP name with the design and built quality of SIMA GROUP. This will ensure a very high take up rate in any project launched by GSB ( already proven by their two project Laman Ara Utama and Courtyard Villa @ Taman Bentong Makmur ).

You can read about Sima Group from http://www.theedgemalaysia.com/property/175417-city-a-country-sima-group-banks-on-sincerity-to-grow.html and www.sima.com.my . You will noticed that SIMA GROUP is a very progressive company with very bright future ahead, GSB is currently the only company in SIMA GROUP that is public listed, we can expect them to become more prominent in the future taking on larger property projects because they have better access to the capital market for fundings and also better image of being listed compared to their other unlisted sister companies within the SIMA GROUP.

Not only being a very reputable property developer for the past 40 years, from Sima Group website you will also noticed that they are investing a lot into human capital by having a Scholarship programme... this programme will enable them to take advantage from some of the smartest people in the country. Just by looking at some of the design of the properties you can immediately sense great progressive minds are at work in the SIMA GROUP. The combination of great progressive minds together with 40 years of technical knowledge/skills and high quality work in the property/construction industries, surely it will have a clear advantage when comes to competition.

And of cos as an investor, you need to protect your investment. Besides capabilities, SIMA GROUP is also well known for the past 40 years for their trustworthiness. With that, you can feel at comfort investing into this company because they are not known to take advantage of the minority shareholders. It has already been proven for the past 4 years, even though they are not in good financial health, they just make use of whatever limited resources they can find in the company and yet still able to turn around the company with 4 years of non-stop improvement... without having to ask for more money from minority shareholders.

Many people have ask, why SIMA GROUP already existed 40 years and yet still not as big some of the major property players. As a private company, as we all know will have funding limitations... it all depends on how their boss take risk to secure funds. This for sure will limit the available funds for their property development projects, that is why SIMA GROUP will not be able grow much even though they are have all the technical capabilities.

They could have continued to operate as a private company, I believe it has to do with his children slowly taking over the SIMA GROUP since the boss is already 66 year old... and these young people are definately more ambitious and are exposed more to the financial market, they will surely try to break the funding limitation by getting SIMA GROUP into the capital market ( GSB ). Now together with the SIMA GROUP 40 years of property development expertise and unlimited funds from the capital market, it is new era for SIMA GROUP via GSB. I would not be surprised they were inject the entire SIMA GROUP into GSB in the future. New asset injection or not GSB is set to go after the big boys.

---

Lets look at the Latest Events... everything are pointing at a very positive and promising future for GSB.

Latest Financial Results ( 300% improvement )

This is the best results in the past 4 years, both quarterly and also yearly. It also shows that GSB is moving into the right direction with their new property development business. Just look at the data, every single year there are improvement. They are able to achieve all this with the limited cash they currently have. This show us that GSB have a very good management team because with such a tight resources, they are still able to produce such a good progessive results ( 300% improvement vs last year and non-stop progress for the past 4 years )

Prospects

Now with the additional RM22 million from the hotel sales ( RM4.4 million profit already in the pocket ) and the remaining money coming in from Laman Ara Utama and Courtyard Villa in the next financial year, and a RM300 million (estimates based on RM1M for a Bangalow, RM699K for Semi D and RM300K for Doube-Storey Link ) project in Bentong in the pipe-line at a location where I was told many rich people are staying.

Everything looks very promising for a counter which is still trading around 10sen. Apart from these existing projects and confirmed money coming in, GSB also stand a very good chance to secure new projects since they are now part of the SIMA GROUP. SIMA GROUP as a private company will not be able to secure enough funds to handle too many projects, rather than losing projects to competitors, they will definately pump some projects into GSB because GSB has no funding limitations being a listed company.

4 years of non-stop improvement.

Full Year ( Profit/Loss )
2008 = -4,765K
2009 = -3,788K
2010 = -879K
2011 = 1,629K = Latest ( improved around 300% vs last year, best result in the past 4 years, turns profitable )

4th Quarter ( Profit/Loss )
2008 = -3,241K
2009 = -1,161K
2010 = -982K
2011 = -306K  = Latest ( improved around 300% vs last year, best result in the past 4 years )

With the RM22 million cash coming in from hotel sales and more money will be coming in from their two completing, They will end up with alot of cash on hand. Strangely, they have yet to launch any new projects... new project launch is unavoidable, or are they preparing to take over the Kelana Parklane project ? Whatever it is, it will give GSB a big boost. GSB is about to move into a new era... massive potential ahead.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: . on July 29, 2011, 06:29:08 PM
GSB Group Berhad ( 7077 ) formally known as SMSUMMIT
www.gsbsummit.com.my

HISTORY

SMSUMMIT core business is providing services to manufacture of CD and cassette tape for the entertainment industry. Prior to the entry of directors related to SIMA GROUP, there were no property development activites within SMSUMMIT. Cassette tape business and CD business was not doing well. In fact cassette tape was a sunset industry and at the same time, many Directors has also come and go and company has become very unstable.

When new management team from SIMA GROUP starts to play a prominant role in SMSUMMIT in 2008 ( now known as GSB ). GSB undergo a massive clean up to get rid of all the loss making business units and at the same time ventures into property development. This effort is now bearing fruits and the latest interim results are showing positive results. Although GSB still retains the CD/DVD business ( now profitable ), they are moving towards a more lucarative property development business. With the SIMA GROUP banner in their properties, the are able to secure a very high take up rate of their properties because SIMA GROUP is well known for being a very reliable property developer that produce very high quality properties.

At the moment GSB have 2 small projects in hand. As you can see from the photos, both and near completion.

1. Laman Ara Utama in Bandar Utama.
http://www.sima.com.my/index.php?option=com_content&view=article&id=43&Itemid=50

(http://sima-com-my.sgkinta.mschosting.org/images/stories/lamanara/thumb-lamaara.jpg)
May 2011
(http://a2.sphotos.ak.fbcdn.net/hphotos-ak-snc6/218022_10150151187773602_530548601_6618229_3319869_n.jpg)

2. Courtyard Villa @ Taman Bentong Makmur in Bentong.
http://www.sima.com.my/index.php?option=com_content&view=article&id=46&Itemid=61

(http://sima-com-my.sgkinta.mschosting.org/images/stories/courtyard/bentong-thumb.jpg)
May 2011
(http://i1105.photobucket.com/albums/h342/johnmaster1111/courtyard.jpg)

These properties looks very attractive, they also have very practical designs and of very high quality. These two project will give you an idea what type of properties that they are capable to produce in the future. It does not show any signs of novice developer, it shows a signs of a very experienced property developer... You must be wondering what is going on ? How do they do it ?

The answer is.. the SIMA GROUP

Who is SIMA GROUP ?

Although very low profile, SIMA GROUP Group is a very reputable construction and property player in the country and has been around for about 40 years. They are well known for their quality of work and also being a very trustworthy property developer. Although low profile, do not under-estimate SIMA GROUP because they are handle any forms of property development projects and are able to compete with any big property players in the country in terms of capabilities and quality. Try study their properties from their website how well they design their properties ( www.sima.com.my ). The only trouble I see with them in the past is funding limitations of being a private company, thats why they never grow beyond of what they are today. I am very sure they are aware of it and that leads them to have a listed unit, GSB.

I also noticed that they have a Scholarship programme, although small matter but this is a sign of a strong and rich company that emphasize alot on the quality of their workers. Alot of people overlooked the importance of high quality workers, for me this is very important because these are the people who will decide the future of any company. A good company can be run into the ground with lousy workers but a bad company can be turned into gold by good capable workers.

You can also look at this old article about the SIMA GROUP :
http://www.theedgeproperty.com/news-a-views/4912-cityacountry-sima-group-banks-on-sincerity-to-grow.html

SIMA GROUP OFFICIAL WEBSITE :
www.sima.com.my

From SIMA GROUP website, 2 out of their 3 current projects belongs to GSB. GSB has become very significant business unit within the SIMA GROUP. GSB is also the only listed unit within the SIMA GROUP. This is based on the increased shareholding of SIMA GROUP related parties over GSB and also the backing from SIMA GROUP for all GSB property development projects. The only one current property project that not inside GSB is a very impressive project called Kelana Parklane. Although the Kelana Parklane project is not inside GSB, it does not mean GSB cannot do an equally impressive project in the future because GSB has the same capabilities with the rest of the unlisted companies under the SIMA GROUP because they share the same resources.

At the moment GSB is still trading around 10sen, this is very attractive for a fast growing profitable company with such a huge potential ahead and a exceptionally strong brand name SIMA GROUP. GSB is no longer an un-stable loss making company that it used to be in the past, it is now a profitable and financially stable company with a very good management team. GSB currently is still left unnoticed inside KLSE, in the wrong sector ( industrial ). People are still not aware of this transformation. One day when this transformed GSB starts its bold move into the property market with bigger projects, people will start to notice it and its share price will surely get a big boost. GSB is on the route to become a major property player in the country with SIMA GROUP as its back-bone.

Please take note of these date and how SIMA GROUP, slowly seeps quietly into SMSUMMIT taking over the control of SMSUMMIT ( later change name to GSB ). Which is now a vehicle for SIMA GROUP into KLSE. ( you can find all these from www.klse.com.my (http://www.klse.com.my) , look for SMSUMMIT and GSB )

Nov 2005, SMSUMMIT subscribe to 89.47% of Serta Usaha Sdn Bhd from Sima Group

Sep 2006, Annual Reports ( Sep 2006 ): Sima Group Related shareholdings... ( 4.9% )
Oct 2006, Many key directors of SMSUMMIT resigns
Dec 2006, Gan Pik Mui, Gan Book Kat becomes director of SMSUMMIT ( daughter and son of Sima Group owner, both are also directors of Sima Group )
Dec 2006, Change of name from SMSUMMIT to GSB Group Berhad

Feb 2007, Jeffery Ong ( husband of Gan Pik Mui ) becomes Managing Executive Director of GSB
Sep 2007, Annual Reports ( Sep 2007 ): Sima Group Related shareholdings... ( 26.3% )

Feb 2008, GSB acquired the remaining 10.53% Serta Usaha from Sima Group
Aug 2008, Chairman from previous SMSUMMIT management resigns
Aug 2008, Jeffery Ong becomes chairman of GSB
Sep 2008, Annual Reports: Sima Group Related Shareholdings... ( 31.6% )

Jun 2009, Laman Ara Utama Condovilla project launched, 100% sold out.
Oct 2009, Courtyard Villa, Bentong project launched
Sep 2009, Annual Reports: Sima Group Related Shareholdings.. ( 31.6% )

Apr 2010, Banda Industries Sdn Bhd from Sima Group is now 100% owned by GSB
Sep 2010, Annual Reports ( Sep 2010 ): Sima Group Related Shareholdings.. ( 31.6% )

Jan 2011, GSB sold Ritz Garden Hotel for RM22 million in Cash ( Profit RM4.4 million ).

Note: These are Sima Group related parties, Gan Seng Biang ( Sima Group owner ), Gan Pik Mui ( daughter ), Gan Boon Kat ( Son ), Jeffery Ong ( Son in law ), ID D’Art Sdn Bhd, Sun Acres Development... there could be many more that I am unaware of. There is another company Suria Bitara Sdn Bhd which holds 20.12% GSB shares, Suria Bitara has the same business address with SIMA GROUP.

There are 2 significant units from SIMA GROUP has already been injected into GSB ( Serta Usaha Sdn Bhd and Banda Industries Sdn Bhd ). Both deals are already completed. They are contributing positively to GSB now and are expected to provide more future income for GSB. Lets look at both of them...

Serta Usaha Sdn Bhd.

Serta Usaha Sdn Bhd is acquired from Sima Group for RM9.5 million ( 89.47% in Nov 2005 for RM8.5 million and 10.53% completed  in 2008 for RM1 million )

Serta Usaha has 3 main assets,
Refer to KLSE Announcement, SMSUMMIT : 17/11/2005
http://www.klse.com.my/website/bm/listed_companies/company_announcements/announcements/archives.jsp

(1) A 13 storey hotel known as Ritz Garden Hotel, Taman Seputeh, Kuala Lumpur. Very near Mid Valley, rented to 3rd party operator
(2) Freehold commercial land in Bentong 1,999.15 metre square
(3) Two parcels of freehold industrial land, Daerah Kuala Muda, Kedah 22,311 metre square and 39,355 metre square

in Jan 2011, GSB sold (1) Ritz Garden Hotel for RM22 million in Cash.

Banda Industries Sdn Bhd.

Banda Industries Sdn Bhd is acquired from Sima Group for RM5 million in Apr 2009

Banda Industries Sdn Bhd comes with following assets,
http://www.klse.com.my/website/bm/listed_companies/company_announcements/announcements/archives.jsp
Refer to KLSE Announcement, GSB: 30/07/2009  ( Page 7 and Page 8 in PDF file )

If you want to know how much all that is worth, please do your own calculation because prices of houses change all the time. Posted in May 2011 ( iproperty ), New Launch of a Semi-D in Bentong is RM788K, you can use that as a benchmark to do your own valuation. http://www.iproperty.com.my/propertylisting/829684/TAMAN_BUKIT_BENTONG_Semi-detached_House_ForSale

(1) Land earmarked for development of 66 units of double storey terrace houses

(2) Land earmarked for development of 20 units of bungalow

(3) Riverville is a proposed high end residential development project 20.6 acres adjacent to the Taman Bentong Makmur
It is expected to comprise the following developments:
- 120 units of double storey terrace houses
- 64 units of semi-detached houses
- 16 units of bungalows lots/bungalows

Banda Industries Sdn Bhd also comes with a JV business with another company Restu Angkasa Sdn Bhd ( Land Owner ) to develop a 52.08 acre land
Known as Bukit Utama next to Taman Bentong Makmur where Banda Industries Sdn Bhd land are

Comprise the following developments:
- 233 units of double storey terrace houses;
- 34 units of semi-detached houses; and
- 80 units of bungalows lots.

---

Financials

For safety reason, lets look at whether this company is financially stable or not.

Bank borrowings vs Cash position.

Un-manageable Bank Borrowings can bring down a company. Because once you defaulted a bank repayment you will get a nasty classification and this can be very damaging any companies because both suppliers and customers will also be avoiding such companies. So, this is something we must always look into.

Based on the latest financial report, until 31 Mar 2011.

Short Term Bank Borrowings= RM1.753 million
Bank Overdraft = RM6.161 million
Long Term Bank Borrowings= RM4.822 million
Total Bank Borrowings= RM12.763 million
Cash in Hand plus Fixed Deposit= RM4.068 million

So, by just looking at it, it is Cash RM4.068 million vs Bank Borrowings RM12.763 million. It does not look good especially when GSB has always been known as a loss making company with no future prospects. Probably thats why people are afraid of it and bypass GSB without looking any further.

Most people do not know that GSB has now turned profitable under the new SIMA GROUP management and they also have a new lucarative property development business with a very strong brand name, SIMA GROUP. With SIMA GROUP, we can expect exciting bright future for GSB especailaly in the property development business... because SIMA GROUP is a very reputable and proven as reliable property/construction player that has been delivering good quality properties for the past 40 years.

Even though Cash vs Borrowings position is not a good at the moment, it is still considered as manageable because RM12.763 million is not a very big amount of money.

However  :phew:  :clap:, there is a very significant development in GSB that will change everything; Just recently in Jan 2011, they sold a hotel building which is held under one of their Subsidiary, Serta Usaha for RM22 million in Cash ( RM4.4 million profit ).

Their Cash in Hand will now will be increased to at least RM26.068 million after the sales of the hotel.

So it will be RM26.068 million Cash in Hand vs RM12.763 million total Bank Borrowings.

With that, we can say GSB is no longer a Bank Borrowing risky counter. GSB will be in a very comfortable cash position and this position will improve further because GSB is also profit making company now and more net cash ( profits ) will be coming in from their other business operations. This, however will not make GSB very rich but enough to keep away the Banks from causing troubles and enough for them to launch bigger projects in the future.

Furthermore, with the completion of Both Laman Ara Utama and Courtyard Villa ( whithin this few month ), more cash will be flowing back into GSB. That will put them in even a stronger position.

Although not fantastic but it is good enough to ensure that GSB will not be in any financial difficulties. Best of all GSB achieve all this from a troubled company without asking a single sen from their shareholders. I believe this will improve further as GSB launch more property projects in the future.


Summary

GSB Berhad ( 7077 ) represents an excellent investment oppurtunity with the entry of SIMA GROUP. GSB have the same attributes of all the other unlisted sister companies within the SIMA GROUP. GSB are now able to build properties under the SIMA GROUP name with the design and built quality of SIMA GROUP. This will ensure a very high take up rate in any project launched by GSB ( already proven by their two project Laman Ara Utama and Courtyard Villa @ Taman Bentong Makmur ).

You can read about Sima Group from http://www.theedgemalaysia.com/property/175417-city-a-country-sima-group-banks-on-sincerity-to-grow.html and www.sima.com.my . You will noticed that SIMA GROUP is a very progressive company with very bright future ahead, GSB is currently the only company in SIMA GROUP that is public listed, we can expect them to become more prominent in the future taking on larger property projects because they have better access to the capital market for fundings and also better image of being listed compared to their other unlisted sister companies within the SIMA GROUP.

Not only being a very reputable property developer for the past 40 years, from Sima Group website you will also noticed that they are investing a lot into human capital by having a Scholarship programme... this programme will enable them to take advantage from some of the smartest people in the country. Just by looking at some of the design of the properties you can immediately sense great progressive minds are at work in the SIMA GROUP. The combination of great progressive minds together with 40 years of technical knowledge/skills and high quality work in the property/construction industries, surely it will have a clear advantage when comes to competition.

And of cos as an investor, you need to protect your investment. Besides capabilities, SIMA GROUP is also well known for the past 40 years for their trustworthiness. With that, you can feel at comfort investing into this company because they are not known to take advantage of the minority shareholders. It has already been proven for the past 4 years, even though they are not in good financial health, they just make use of whatever limited resources they can find in the company and yet still able to turn around the company with 4 years of non-stop improvement... without having to ask for more money from minority shareholders.

Many people have ask, why SIMA GROUP already existed 40 years and yet still not as big some of the major property players. As a private company, as we all know will have funding limitations... it all depends on how their boss take risk to secure funds. This for sure will limit the available funds for their property development projects, that is why SIMA GROUP will not be able grow much even though they are have all the technical capabilities.

They could have continued to operate as a private company, I believe it has to do with his children slowly taking over the SIMA GROUP since the boss is already 66 year old... and these young people are definately more ambitious and are exposed more to the financial market, they will surely try to break the funding limitation by getting SIMA GROUP into the capital market ( GSB ). Now together with the SIMA GROUP 40 years of property development expertise and unlimited funds from the capital market, it is new era for SIMA GROUP via GSB. I would not be surprised they were inject the entire SIMA GROUP into GSB in the future. New asset injection or not GSB is set to go after the big boys.

---

Lets look at the Latest Events... everything are pointing at a very positive and promising future for GSB.

Latest Financial Results ( 300% improvement )

This is the best results in the past 4 years, both quarterly and also yearly. It also shows that GSB is moving into the right direction with their new property development business. Just look at the data, every single year there are improvement. They are able to achieve all this with the limited cash they currently have. This show us that GSB have a very good management team because with such a tight resources, they are still able to produce such a good progessive results ( 300% improvement vs last year and non-stop progress for the past 4 years )

Prospects

Now with the additional RM22 million from the hotel sales ( RM4.4 million profit already in the pocket ) and the remaining money coming in from Laman Ara Utama and Courtyard Villa in the next financial year, and a RM300 million (estimates based on RM1M for a Bangalow, RM699K for Semi D and RM300K for Doube-Storey Link ) project in Bentong in the pipe-line at a location where I was told many rich people are staying.

Everything looks very promising for a counter which is still trading around 10sen. Apart from these existing projects and confirmed money coming in, GSB also stand a very good chance to secure new projects since they are now part of the SIMA GROUP. SIMA GROUP as a private company will not be able to secure enough funds to handle too many projects, rather than losing projects to competitors, they will definately pump some projects into GSB because GSB has no funding limitations being a listed company.

4 years of non-stop improvement.

Full Year ( Profit/Loss )
2008 = -4,765K
2009 = -3,788K
2010 = -879K
2011 = 1,629K = Latest ( improved around 300% vs last year, best result in the past 4 years, turns profitable )

4th Quarter ( Profit/Loss )
2008 = -3,241K
2009 = -1,161K
2010 = -982K
2011 = -306K  = Latest ( improved around 300% vs last year, best result in the past 4 years )

With the RM22 million cash coming in from hotel sales and more money will be coming in from their two completing, They will end up with alot of cash on hand. Strangely, they have yet to launch any new projects... new project launch is unavoidable, or are they preparing to take over the Kelana Parklane project ? Whatever it is, it will give GSB a big boost. GSB is about to move into a new era... massive potential ahead.

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 06:29:19 PM
JM  :)



so... can answer or not.. do you have RM40 million cash ?
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: . on July 29, 2011, 06:29:37 PM
GSB Group Berhad ( 7077 ) formally known as SMSUMMIT
www.gsbsummit.com.my

HISTORY

SMSUMMIT core business is providing services to manufacture of CD and cassette tape for the entertainment industry. Prior to the entry of directors related to SIMA GROUP, there were no property development activites within SMSUMMIT. Cassette tape business and CD business was not doing well. In fact cassette tape was a sunset industry and at the same time, many Directors has also come and go and company has become very unstable.

When new management team from SIMA GROUP starts to play a prominant role in SMSUMMIT in 2008 ( now known as GSB ). GSB undergo a massive clean up to get rid of all the loss making business units and at the same time ventures into property development. This effort is now bearing fruits and the latest interim results are showing positive results. Although GSB still retains the CD/DVD business ( now profitable ), they are moving towards a more lucarative property development business. With the SIMA GROUP banner in their properties, the are able to secure a very high take up rate of their properties because SIMA GROUP is well known for being a very reliable property developer that produce very high quality properties.

At the moment GSB have 2 small projects in hand. As you can see from the photos, both and near completion.

1. Laman Ara Utama in Bandar Utama.
http://www.sima.com.my/index.php?option=com_content&view=article&id=43&Itemid=50

(http://sima-com-my.sgkinta.mschosting.org/images/stories/lamanara/thumb-lamaara.jpg)
May 2011
(http://a2.sphotos.ak.fbcdn.net/hphotos-ak-snc6/218022_10150151187773602_530548601_6618229_3319869_n.jpg)

2. Courtyard Villa @ Taman Bentong Makmur in Bentong.
http://www.sima.com.my/index.php?option=com_content&view=article&id=46&Itemid=61

(http://sima-com-my.sgkinta.mschosting.org/images/stories/courtyard/bentong-thumb.jpg)
May 2011
(http://i1105.photobucket.com/albums/h342/johnmaster1111/courtyard.jpg)

These properties looks very attractive, they also have very practical designs and of very high quality. These two project will give you an idea what type of properties that they are capable to produce in the future. It does not show any signs of novice developer, it shows a signs of a very experienced property developer... You must be wondering what is going on ? How do they do it ?

The answer is.. the SIMA GROUP

Who is SIMA GROUP ?

Although very low profile, SIMA GROUP Group is a very reputable construction and property player in the country and has been around for about 40 years. They are well known for their quality of work and also being a very trustworthy property developer. Although low profile, do not under-estimate SIMA GROUP because they are handle any forms of property development projects and are able to compete with any big property players in the country in terms of capabilities and quality. Try study their properties from their website how well they design their properties ( www.sima.com.my ). The only trouble I see with them in the past is funding limitations of being a private company, thats why they never grow beyond of what they are today. I am very sure they are aware of it and that leads them to have a listed unit, GSB.

I also noticed that they have a Scholarship programme, although small matter but this is a sign of a strong and rich company that emphasize alot on the quality of their workers. Alot of people overlooked the importance of high quality workers, for me this is very important because these are the people who will decide the future of any company. A good company can be run into the ground with lousy workers but a bad company can be turned into gold by good capable workers.

You can also look at this old article about the SIMA GROUP :
http://www.theedgeproperty.com/news-a-views/4912-cityacountry-sima-group-banks-on-sincerity-to-grow.html

SIMA GROUP OFFICIAL WEBSITE :
www.sima.com.my

From SIMA GROUP website, 2 out of their 3 current projects belongs to GSB. GSB has become very significant business unit within the SIMA GROUP. GSB is also the only listed unit within the SIMA GROUP. This is based on the increased shareholding of SIMA GROUP related parties over GSB and also the backing from SIMA GROUP for all GSB property development projects. The only one current property project that not inside GSB is a very impressive project called Kelana Parklane. Although the Kelana Parklane project is not inside GSB, it does not mean GSB cannot do an equally impressive project in the future because GSB has the same capabilities with the rest of the unlisted companies under the SIMA GROUP because they share the same resources.

At the moment GSB is still trading around 10sen, this is very attractive for a fast growing profitable company with such a huge potential ahead and a exceptionally strong brand name SIMA GROUP. GSB is no longer an un-stable loss making company that it used to be in the past, it is now a profitable and financially stable company with a very good management team. GSB currently is still left unnoticed inside KLSE, in the wrong sector ( industrial ). People are still not aware of this transformation. One day when this transformed GSB starts its bold move into the property market with bigger projects, people will start to notice it and its share price will surely get a big boost. GSB is on the route to become a major property player in the country with SIMA GROUP as its back-bone.

Please take note of these date and how SIMA GROUP, slowly seeps quietly into SMSUMMIT taking over the control of SMSUMMIT ( later change name to GSB ). Which is now a vehicle for SIMA GROUP into KLSE. ( you can find all these from www.klse.com.my (http://www.klse.com.my) , look for SMSUMMIT and GSB )

Nov 2005, SMSUMMIT subscribe to 89.47% of Serta Usaha Sdn Bhd from Sima Group

Sep 2006, Annual Reports ( Sep 2006 ): Sima Group Related shareholdings... ( 4.9% )
Oct 2006, Many key directors of SMSUMMIT resigns
Dec 2006, Gan Pik Mui, Gan Book Kat becomes director of SMSUMMIT ( daughter and son of Sima Group owner, both are also directors of Sima Group )
Dec 2006, Change of name from SMSUMMIT to GSB Group Berhad

Feb 2007, Jeffery Ong ( husband of Gan Pik Mui ) becomes Managing Executive Director of GSB
Sep 2007, Annual Reports ( Sep 2007 ): Sima Group Related shareholdings... ( 26.3% )

Feb 2008, GSB acquired the remaining 10.53% Serta Usaha from Sima Group
Aug 2008, Chairman from previous SMSUMMIT management resigns
Aug 2008, Jeffery Ong becomes chairman of GSB
Sep 2008, Annual Reports: Sima Group Related Shareholdings... ( 31.6% )

Jun 2009, Laman Ara Utama Condovilla project launched, 100% sold out.
Oct 2009, Courtyard Villa, Bentong project launched
Sep 2009, Annual Reports: Sima Group Related Shareholdings.. ( 31.6% )

Apr 2010, Banda Industries Sdn Bhd from Sima Group is now 100% owned by GSB
Sep 2010, Annual Reports ( Sep 2010 ): Sima Group Related Shareholdings.. ( 31.6% )

Jan 2011, GSB sold Ritz Garden Hotel for RM22 million in Cash ( Profit RM4.4 million ).

Note: These are Sima Group related parties, Gan Seng Biang ( Sima Group owner ), Gan Pik Mui ( daughter ), Gan Boon Kat ( Son ), Jeffery Ong ( Son in law ), ID D’Art Sdn Bhd, Sun Acres Development... there could be many more that I am unaware of. There is another company Suria Bitara Sdn Bhd which holds 20.12% GSB shares, Suria Bitara has the same business address with SIMA GROUP.

There are 2 significant units from SIMA GROUP has already been injected into GSB ( Serta Usaha Sdn Bhd and Banda Industries Sdn Bhd ). Both deals are already completed. They are contributing positively to GSB now and are expected to provide more future income for GSB. Lets look at both of them...

Serta Usaha Sdn Bhd.

Serta Usaha Sdn Bhd is acquired from Sima Group for RM9.5 million ( 89.47% in Nov 2005 for RM8.5 million and 10.53% completed  in 2008 for RM1 million )

Serta Usaha has 3 main assets,
Refer to KLSE Announcement, SMSUMMIT : 17/11/2005
http://www.klse.com.my/website/bm/listed_companies/company_announcements/announcements/archives.jsp

(1) A 13 storey hotel known as Ritz Garden Hotel, Taman Seputeh, Kuala Lumpur. Very near Mid Valley, rented to 3rd party operator
(2) Freehold commercial land in Bentong 1,999.15 metre square
(3) Two parcels of freehold industrial land, Daerah Kuala Muda, Kedah 22,311 metre square and 39,355 metre square

in Jan 2011, GSB sold (1) Ritz Garden Hotel for RM22 million in Cash.

Banda Industries Sdn Bhd.

Banda Industries Sdn Bhd is acquired from Sima Group for RM5 million in Apr 2009

Banda Industries Sdn Bhd comes with following assets,
http://www.klse.com.my/website/bm/listed_companies/company_announcements/announcements/archives.jsp
Refer to KLSE Announcement, GSB: 30/07/2009  ( Page 7 and Page 8 in PDF file )

If you want to know how much all that is worth, please do your own calculation because prices of houses change all the time. Posted in May 2011 ( iproperty ), New Launch of a Semi-D in Bentong is RM788K, you can use that as a benchmark to do your own valuation. http://www.iproperty.com.my/propertylisting/829684/TAMAN_BUKIT_BENTONG_Semi-detached_House_ForSale

(1) Land earmarked for development of 66 units of double storey terrace houses

(2) Land earmarked for development of 20 units of bungalow

(3) Riverville is a proposed high end residential development project 20.6 acres adjacent to the Taman Bentong Makmur
It is expected to comprise the following developments:
- 120 units of double storey terrace houses
- 64 units of semi-detached houses
- 16 units of bungalows lots/bungalows

Banda Industries Sdn Bhd also comes with a JV business with another company Restu Angkasa Sdn Bhd ( Land Owner ) to develop a 52.08 acre land
Known as Bukit Utama next to Taman Bentong Makmur where Banda Industries Sdn Bhd land are

Comprise the following developments:
- 233 units of double storey terrace houses;
- 34 units of semi-detached houses; and
- 80 units of bungalows lots.

---

Financials

For safety reason, lets look at whether this company is financially stable or not.

Bank borrowings vs Cash position.

Un-manageable Bank Borrowings can bring down a company. Because once you defaulted a bank repayment you will get a nasty classification and this can be very damaging any companies because both suppliers and customers will also be avoiding such companies. So, this is something we must always look into.

Based on the latest financial report, until 31 Mar 2011.

Short Term Bank Borrowings= RM1.753 million
Bank Overdraft = RM6.161 million
Long Term Bank Borrowings= RM4.822 million
Total Bank Borrowings= RM12.763 million
Cash in Hand plus Fixed Deposit= RM4.068 million

So, by just looking at it, it is Cash RM4.068 million vs Bank Borrowings RM12.763 million. It does not look good especially when GSB has always been known as a loss making company with no future prospects. Probably thats why people are afraid of it and bypass GSB without looking any further.

Most people do not know that GSB has now turned profitable under the new SIMA GROUP management and they also have a new lucarative property development business with a very strong brand name, SIMA GROUP. With SIMA GROUP, we can expect exciting bright future for GSB especailaly in the property development business... because SIMA GROUP is a very reputable and proven as reliable property/construction player that has been delivering good quality properties for the past 40 years.

Even though Cash vs Borrowings position is not a good at the moment, it is still considered as manageable because RM12.763 million is not a very big amount of money.

However  :phew:  :clap:, there is a very significant development in GSB that will change everything; Just recently in Jan 2011, they sold a hotel building which is held under one of their Subsidiary, Serta Usaha for RM22 million in Cash ( RM4.4 million profit ).

Their Cash in Hand will now will be increased to at least RM26.068 million after the sales of the hotel.

So it will be RM26.068 million Cash in Hand vs RM12.763 million total Bank Borrowings.

With that, we can say GSB is no longer a Bank Borrowing risky counter. GSB will be in a very comfortable cash position and this position will improve further because GSB is also profit making company now and more net cash ( profits ) will be coming in from their other business operations. This, however will not make GSB very rich but enough to keep away the Banks from causing troubles and enough for them to launch bigger projects in the future.

Furthermore, with the completion of Both Laman Ara Utama and Courtyard Villa ( whithin this few month ), more cash will be flowing back into GSB. That will put them in even a stronger position.

Although not fantastic but it is good enough to ensure that GSB will not be in any financial difficulties. Best of all GSB achieve all this from a troubled company without asking a single sen from their shareholders. I believe this will improve further as GSB launch more property projects in the future.


Summary

GSB Berhad ( 7077 ) represents an excellent investment oppurtunity with the entry of SIMA GROUP. GSB have the same attributes of all the other unlisted sister companies within the SIMA GROUP. GSB are now able to build properties under the SIMA GROUP name with the design and built quality of SIMA GROUP. This will ensure a very high take up rate in any project launched by GSB ( already proven by their two project Laman Ara Utama and Courtyard Villa @ Taman Bentong Makmur ).

You can read about Sima Group from http://www.theedgemalaysia.com/property/175417-city-a-country-sima-group-banks-on-sincerity-to-grow.html and www.sima.com.my . You will noticed that SIMA GROUP is a very progressive company with very bright future ahead, GSB is currently the only company in SIMA GROUP that is public listed, we can expect them to become more prominent in the future taking on larger property projects because they have better access to the capital market for fundings and also better image of being listed compared to their other unlisted sister companies within the SIMA GROUP.

Not only being a very reputable property developer for the past 40 years, from Sima Group website you will also noticed that they are investing a lot into human capital by having a Scholarship programme... this programme will enable them to take advantage from some of the smartest people in the country. Just by looking at some of the design of the properties you can immediately sense great progressive minds are at work in the SIMA GROUP. The combination of great progressive minds together with 40 years of technical knowledge/skills and high quality work in the property/construction industries, surely it will have a clear advantage when comes to competition.

And of cos as an investor, you need to protect your investment. Besides capabilities, SIMA GROUP is also well known for the past 40 years for their trustworthiness. With that, you can feel at comfort investing into this company because they are not known to take advantage of the minority shareholders. It has already been proven for the past 4 years, even though they are not in good financial health, they just make use of whatever limited resources they can find in the company and yet still able to turn around the company with 4 years of non-stop improvement... without having to ask for more money from minority shareholders.

Many people have ask, why SIMA GROUP already existed 40 years and yet still not as big some of the major property players. As a private company, as we all know will have funding limitations... it all depends on how their boss take risk to secure funds. This for sure will limit the available funds for their property development projects, that is why SIMA GROUP will not be able grow much even though they are have all the technical capabilities.

They could have continued to operate as a private company, I believe it has to do with his children slowly taking over the SIMA GROUP since the boss is already 66 year old... and these young people are definately more ambitious and are exposed more to the financial market, they will surely try to break the funding limitation by getting SIMA GROUP into the capital market ( GSB ). Now together with the SIMA GROUP 40 years of property development expertise and unlimited funds from the capital market, it is new era for SIMA GROUP via GSB. I would not be surprised they were inject the entire SIMA GROUP into GSB in the future. New asset injection or not GSB is set to go after the big boys.

---

Lets look at the Latest Events... everything are pointing at a very positive and promising future for GSB.

Latest Financial Results ( 300% improvement )

This is the best results in the past 4 years, both quarterly and also yearly. It also shows that GSB is moving into the right direction with their new property development business. Just look at the data, every single year there are improvement. They are able to achieve all this with the limited cash they currently have. This show us that GSB have a very good management team because with such a tight resources, they are still able to produce such a good progessive results ( 300% improvement vs last year and non-stop progress for the past 4 years )

Prospects

Now with the additional RM22 million from the hotel sales ( RM4.4 million profit already in the pocket ) and the remaining money coming in from Laman Ara Utama and Courtyard Villa in the next financial year, and a RM300 million (estimates based on RM1M for a Bangalow, RM699K for Semi D and RM300K for Doube-Storey Link ) project in Bentong in the pipe-line at a location where I was told many rich people are staying.

Everything looks very promising for a counter which is still trading around 10sen. Apart from these existing projects and confirmed money coming in, GSB also stand a very good chance to secure new projects since they are now part of the SIMA GROUP. SIMA GROUP as a private company will not be able to secure enough funds to handle too many projects, rather than losing projects to competitors, they will definately pump some projects into GSB because GSB has no funding limitations being a listed company.

4 years of non-stop improvement.

Full Year ( Profit/Loss )
2008 = -4,765K
2009 = -3,788K
2010 = -879K
2011 = 1,629K = Latest ( improved around 300% vs last year, best result in the past 4 years, turns profitable )

4th Quarter ( Profit/Loss )
2008 = -3,241K
2009 = -1,161K
2010 = -982K
2011 = -306K  = Latest ( improved around 300% vs last year, best result in the past 4 years )

With the RM22 million cash coming in from hotel sales and more money will be coming in from their two completing, They will end up with alot of cash on hand. Strangely, they have yet to launch any new projects... new project launch is unavoidable, or are they preparing to take over the Kelana Parklane project ? Whatever it is, it will give GSB a big boost. GSB is about to move into a new era... massive potential ahead.


Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: . on July 29, 2011, 06:30:13 PM
GSB Group Berhad ( 7077 ) formally known as SMSUMMIT
www.gsbsummit.com.my

HISTORY

SMSUMMIT core business is providing services to manufacture of CD and cassette tape for the entertainment industry. Prior to the entry of directors related to SIMA GROUP, there were no property development activites within SMSUMMIT. Cassette tape business and CD business was not doing well. In fact cassette tape was a sunset industry and at the same time, many Directors has also come and go and company has become very unstable.

When new management team from SIMA GROUP starts to play a prominant role in SMSUMMIT in 2008 ( now known as GSB ). GSB undergo a massive clean up to get rid of all the loss making business units and at the same time ventures into property development. This effort is now bearing fruits and the latest interim results are showing positive results. Although GSB still retains the CD/DVD business ( now profitable ), they are moving towards a more lucarative property development business. With the SIMA GROUP banner in their properties, the are able to secure a very high take up rate of their properties because SIMA GROUP is well known for being a very reliable property developer that produce very high quality properties.

At the moment GSB have 2 small projects in hand. As you can see from the photos, both and near completion.

1. Laman Ara Utama in Bandar Utama.
http://www.sima.com.my/index.php?option=com_content&view=article&id=43&Itemid=50

(http://sima-com-my.sgkinta.mschosting.org/images/stories/lamanara/thumb-lamaara.jpg)
May 2011
(http://a2.sphotos.ak.fbcdn.net/hphotos-ak-snc6/218022_10150151187773602_530548601_6618229_3319869_n.jpg)

2. Courtyard Villa @ Taman Bentong Makmur in Bentong.
http://www.sima.com.my/index.php?option=com_content&view=article&id=46&Itemid=61

(http://sima-com-my.sgkinta.mschosting.org/images/stories/courtyard/bentong-thumb.jpg)
May 2011
(http://i1105.photobucket.com/albums/h342/johnmaster1111/courtyard.jpg)

These properties looks very attractive, they also have very practical designs and of very high quality. These two project will give you an idea what type of properties that they are capable to produce in the future. It does not show any signs of novice developer, it shows a signs of a very experienced property developer... You must be wondering what is going on ? How do they do it ?

The answer is.. the SIMA GROUP

Who is SIMA GROUP ?

Although very low profile, SIMA GROUP Group is a very reputable construction and property player in the country and has been around for about 40 years. They are well known for their quality of work and also being a very trustworthy property developer. Although low profile, do not under-estimate SIMA GROUP because they are handle any forms of property development projects and are able to compete with any big property players in the country in terms of capabilities and quality. Try study their properties from their website how well they design their properties ( www.sima.com.my ). The only trouble I see with them in the past is funding limitations of being a private company, thats why they never grow beyond of what they are today. I am very sure they are aware of it and that leads them to have a listed unit, GSB.

I also noticed that they have a Scholarship programme, although small matter but this is a sign of a strong and rich company that emphasize alot on the quality of their workers. Alot of people overlooked the importance of high quality workers, for me this is very important because these are the people who will decide the future of any company. A good company can be run into the ground with lousy workers but a bad company can be turned into gold by good capable workers.

You can also look at this old article about the SIMA GROUP :
http://www.theedgeproperty.com/news-a-views/4912-cityacountry-sima-group-banks-on-sincerity-to-grow.html

SIMA GROUP OFFICIAL WEBSITE :
www.sima.com.my

From SIMA GROUP website, 2 out of their 3 current projects belongs to GSB. GSB has become very significant business unit within the SIMA GROUP. GSB is also the only listed unit within the SIMA GROUP. This is based on the increased shareholding of SIMA GROUP related parties over GSB and also the backing from SIMA GROUP for all GSB property development projects. The only one current property project that not inside GSB is a very impressive project called Kelana Parklane. Although the Kelana Parklane project is not inside GSB, it does not mean GSB cannot do an equally impressive project in the future because GSB has the same capabilities with the rest of the unlisted companies under the SIMA GROUP because they share the same resources.

At the moment GSB is still trading around 10sen, this is very attractive for a fast growing profitable company with such a huge potential ahead and a exceptionally strong brand name SIMA GROUP. GSB is no longer an un-stable loss making company that it used to be in the past, it is now a profitable and financially stable company with a very good management team. GSB currently is still left unnoticed inside KLSE, in the wrong sector ( industrial ). People are still not aware of this transformation. One day when this transformed GSB starts its bold move into the property market with bigger projects, people will start to notice it and its share price will surely get a big boost. GSB is on the route to become a major property player in the country with SIMA GROUP as its back-bone.

Please take note of these date and how SIMA GROUP, slowly seeps quietly into SMSUMMIT taking over the control of SMSUMMIT ( later change name to GSB ). Which is now a vehicle for SIMA GROUP into KLSE. ( you can find all these from www.klse.com.my (http://www.klse.com.my) , look for SMSUMMIT and GSB )

Nov 2005, SMSUMMIT subscribe to 89.47% of Serta Usaha Sdn Bhd from Sima Group

Sep 2006, Annual Reports ( Sep 2006 ): Sima Group Related shareholdings... ( 4.9% )
Oct 2006, Many key directors of SMSUMMIT resigns
Dec 2006, Gan Pik Mui, Gan Book Kat becomes director of SMSUMMIT ( daughter and son of Sima Group owner, both are also directors of Sima Group )
Dec 2006, Change of name from SMSUMMIT to GSB Group Berhad

Feb 2007, Jeffery Ong ( husband of Gan Pik Mui ) becomes Managing Executive Director of GSB
Sep 2007, Annual Reports ( Sep 2007 ): Sima Group Related shareholdings... ( 26.3% )

Feb 2008, GSB acquired the remaining 10.53% Serta Usaha from Sima Group
Aug 2008, Chairman from previous SMSUMMIT management resigns
Aug 2008, Jeffery Ong becomes chairman of GSB
Sep 2008, Annual Reports: Sima Group Related Shareholdings... ( 31.6% )

Jun 2009, Laman Ara Utama Condovilla project launched, 100% sold out.
Oct 2009, Courtyard Villa, Bentong project launched
Sep 2009, Annual Reports: Sima Group Related Shareholdings.. ( 31.6% )

Apr 2010, Banda Industries Sdn Bhd from Sima Group is now 100% owned by GSB
Sep 2010, Annual Reports ( Sep 2010 ): Sima Group Related Shareholdings.. ( 31.6% )

Jan 2011, GSB sold Ritz Garden Hotel for RM22 million in Cash ( Profit RM4.4 million ).

Note: These are Sima Group related parties, Gan Seng Biang ( Sima Group owner ), Gan Pik Mui ( daughter ), Gan Boon Kat ( Son ), Jeffery Ong ( Son in law ), ID D’Art Sdn Bhd, Sun Acres Development... there could be many more that I am unaware of. There is another company Suria Bitara Sdn Bhd which holds 20.12% GSB shares, Suria Bitara has the same business address with SIMA GROUP.

There are 2 significant units from SIMA GROUP has already been injected into GSB ( Serta Usaha Sdn Bhd and Banda Industries Sdn Bhd ). Both deals are already completed. They are contributing positively to GSB now and are expected to provide more future income for GSB. Lets look at both of them...

Serta Usaha Sdn Bhd.

Serta Usaha Sdn Bhd is acquired from Sima Group for RM9.5 million ( 89.47% in Nov 2005 for RM8.5 million and 10.53% completed  in 2008 for RM1 million )

Serta Usaha has 3 main assets,
Refer to KLSE Announcement, SMSUMMIT : 17/11/2005
http://www.klse.com.my/website/bm/listed_companies/company_announcements/announcements/archives.jsp

(1) A 13 storey hotel known as Ritz Garden Hotel, Taman Seputeh, Kuala Lumpur. Very near Mid Valley, rented to 3rd party operator
(2) Freehold commercial land in Bentong 1,999.15 metre square
(3) Two parcels of freehold industrial land, Daerah Kuala Muda, Kedah 22,311 metre square and 39,355 metre square

in Jan 2011, GSB sold (1) Ritz Garden Hotel for RM22 million in Cash.

Banda Industries Sdn Bhd.

Banda Industries Sdn Bhd is acquired from Sima Group for RM5 million in Apr 2009

Banda Industries Sdn Bhd comes with following assets,
http://www.klse.com.my/website/bm/listed_companies/company_announcements/announcements/archives.jsp
Refer to KLSE Announcement, GSB: 30/07/2009  ( Page 7 and Page 8 in PDF file )

If you want to know how much all that is worth, please do your own calculation because prices of houses change all the time. Posted in May 2011 ( iproperty ), New Launch of a Semi-D in Bentong is RM788K, you can use that as a benchmark to do your own valuation. http://www.iproperty.com.my/propertylisting/829684/TAMAN_BUKIT_BENTONG_Semi-detached_House_ForSale

(1) Land earmarked for development of 66 units of double storey terrace houses

(2) Land earmarked for development of 20 units of bungalow

(3) Riverville is a proposed high end residential development project 20.6 acres adjacent to the Taman Bentong Makmur
It is expected to comprise the following developments:
- 120 units of double storey terrace houses
- 64 units of semi-detached houses
- 16 units of bungalows lots/bungalows

Banda Industries Sdn Bhd also comes with a JV business with another company Restu Angkasa Sdn Bhd ( Land Owner ) to develop a 52.08 acre land
Known as Bukit Utama next to Taman Bentong Makmur where Banda Industries Sdn Bhd land are

Comprise the following developments:
- 233 units of double storey terrace houses;
- 34 units of semi-detached houses; and
- 80 units of bungalows lots.

---

Financials

For safety reason, lets look at whether this company is financially stable or not.

Bank borrowings vs Cash position.

Un-manageable Bank Borrowings can bring down a company. Because once you defaulted a bank repayment you will get a nasty classification and this can be very damaging any companies because both suppliers and customers will also be avoiding such companies. So, this is something we must always look into.

Based on the latest financial report, until 31 Mar 2011.

Short Term Bank Borrowings= RM1.753 million
Bank Overdraft = RM6.161 million
Long Term Bank Borrowings= RM4.822 million
Total Bank Borrowings= RM12.763 million
Cash in Hand plus Fixed Deposit= RM4.068 million

So, by just looking at it, it is Cash RM4.068 million vs Bank Borrowings RM12.763 million. It does not look good especially when GSB has always been known as a loss making company with no future prospects. Probably thats why people are afraid of it and bypass GSB without looking any further.

Most people do not know that GSB has now turned profitable under the new SIMA GROUP management and they also have a new lucarative property development business with a very strong brand name, SIMA GROUP. With SIMA GROUP, we can expect exciting bright future for GSB especailaly in the property development business... because SIMA GROUP is a very reputable and proven as reliable property/construction player that has been delivering good quality properties for the past 40 years.

Even though Cash vs Borrowings position is not a good at the moment, it is still considered as manageable because RM12.763 million is not a very big amount of money.

However  :phew:  :clap:, there is a very significant development in GSB that will change everything; Just recently in Jan 2011, they sold a hotel building which is held under one of their Subsidiary, Serta Usaha for RM22 million in Cash ( RM4.4 million profit ).

Their Cash in Hand will now will be increased to at least RM26.068 million after the sales of the hotel.

So it will be RM26.068 million Cash in Hand vs RM12.763 million total Bank Borrowings.

With that, we can say GSB is no longer a Bank Borrowing risky counter. GSB will be in a very comfortable cash position and this position will improve further because GSB is also profit making company now and more net cash ( profits ) will be coming in from their other business operations. This, however will not make GSB very rich but enough to keep away the Banks from causing troubles and enough for them to launch bigger projects in the future.

Furthermore, with the completion of Both Laman Ara Utama and Courtyard Villa ( whithin this few month ), more cash will be flowing back into GSB. That will put them in even a stronger position.

Although not fantastic but it is good enough to ensure that GSB will not be in any financial difficulties. Best of all GSB achieve all this from a troubled company without asking a single sen from their shareholders. I believe this will improve further as GSB launch more property projects in the future.


Summary

GSB Berhad ( 7077 ) represents an excellent investment oppurtunity with the entry of SIMA GROUP. GSB have the same attributes of all the other unlisted sister companies within the SIMA GROUP. GSB are now able to build properties under the SIMA GROUP name with the design and built quality of SIMA GROUP. This will ensure a very high take up rate in any project launched by GSB ( already proven by their two project Laman Ara Utama and Courtyard Villa @ Taman Bentong Makmur ).

You can read about Sima Group from http://www.theedgemalaysia.com/property/175417-city-a-country-sima-group-banks-on-sincerity-to-grow.html and www.sima.com.my . You will noticed that SIMA GROUP is a very progressive company with very bright future ahead, GSB is currently the only company in SIMA GROUP that is public listed, we can expect them to become more prominent in the future taking on larger property projects because they have better access to the capital market for fundings and also better image of being listed compared to their other unlisted sister companies within the SIMA GROUP.

Not only being a very reputable property developer for the past 40 years, from Sima Group website you will also noticed that they are investing a lot into human capital by having a Scholarship programme... this programme will enable them to take advantage from some of the smartest people in the country. Just by looking at some of the design of the properties you can immediately sense great progressive minds are at work in the SIMA GROUP. The combination of great progressive minds together with 40 years of technical knowledge/skills and high quality work in the property/construction industries, surely it will have a clear advantage when comes to competition.

And of cos as an investor, you need to protect your investment. Besides capabilities, SIMA GROUP is also well known for the past 40 years for their trustworthiness. With that, you can feel at comfort investing into this company because they are not known to take advantage of the minority shareholders. It has already been proven for the past 4 years, even though they are not in good financial health, they just make use of whatever limited resources they can find in the company and yet still able to turn around the company with 4 years of non-stop improvement... without having to ask for more money from minority shareholders.

Many people have ask, why SIMA GROUP already existed 40 years and yet still not as big some of the major property players. As a private company, as we all know will have funding limitations... it all depends on how their boss take risk to secure funds. This for sure will limit the available funds for their property development projects, that is why SIMA GROUP will not be able grow much even though they are have all the technical capabilities.

They could have continued to operate as a private company, I believe it has to do with his children slowly taking over the SIMA GROUP since the boss is already 66 year old... and these young people are definately more ambitious and are exposed more to the financial market, they will surely try to break the funding limitation by getting SIMA GROUP into the capital market ( GSB ). Now together with the SIMA GROUP 40 years of property development expertise and unlimited funds from the capital market, it is new era for SIMA GROUP via GSB. I would not be surprised they were inject the entire SIMA GROUP into GSB in the future. New asset injection or not GSB is set to go after the big boys.

---

Lets look at the Latest Events... everything are pointing at a very positive and promising future for GSB.

Latest Financial Results ( 300% improvement )

This is the best results in the past 4 years, both quarterly and also yearly. It also shows that GSB is moving into the right direction with their new property development business. Just look at the data, every single year there are improvement. They are able to achieve all this with the limited cash they currently have. This show us that GSB have a very good management team because with such a tight resources, they are still able to produce such a good progessive results ( 300% improvement vs last year and non-stop progress for the past 4 years )

Prospects

Now with the additional RM22 million from the hotel sales ( RM4.4 million profit already in the pocket ) and the remaining money coming in from Laman Ara Utama and Courtyard Villa in the next financial year, and a RM300 million (estimates based on RM1M for a Bangalow, RM699K for Semi D and RM300K for Doube-Storey Link ) project in Bentong in the pipe-line at a location where I was told many rich people are staying.

Everything looks very promising for a counter which is still trading around 10sen. Apart from these existing projects and confirmed money coming in, GSB also stand a very good chance to secure new projects since they are now part of the SIMA GROUP. SIMA GROUP as a private company will not be able to secure enough funds to handle too many projects, rather than losing projects to competitors, they will definately pump some projects into GSB because GSB has no funding limitations being a listed company.

4 years of non-stop improvement.

Full Year ( Profit/Loss )
2008 = -4,765K
2009 = -3,788K
2010 = -879K
2011 = 1,629K = Latest ( improved around 300% vs last year, best result in the past 4 years, turns profitable )

4th Quarter ( Profit/Loss )
2008 = -3,241K
2009 = -1,161K
2010 = -982K
2011 = -306K  = Latest ( improved around 300% vs last year, best result in the past 4 years )

With the RM22 million cash coming in from hotel sales and more money will be coming in from their two completing, They will end up with alot of cash on hand. Strangely, they have yet to launch any new projects... new project launch is unavoidable, or are they preparing to take over the Kelana Parklane project ? Whatever it is, it will give GSB a big boost. GSB is about to move into a new era... massive potential ahead.



Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: . on July 29, 2011, 06:30:40 PM
GSB Group Berhad ( 7077 ) formally known as SMSUMMIT
www.gsbsummit.com.my

HISTORY

SMSUMMIT core business is providing services to manufacture of CD and cassette tape for the entertainment industry. Prior to the entry of directors related to SIMA GROUP, there were no property development activites within SMSUMMIT. Cassette tape business and CD business was not doing well. In fact cassette tape was a sunset industry and at the same time, many Directors has also come and go and company has become very unstable.

When new management team from SIMA GROUP starts to play a prominant role in SMSUMMIT in 2008 ( now known as GSB ). GSB undergo a massive clean up to get rid of all the loss making business units and at the same time ventures into property development. This effort is now bearing fruits and the latest interim results are showing positive results. Although GSB still retains the CD/DVD business ( now profitable ), they are moving towards a more lucarative property development business. With the SIMA GROUP banner in their properties, the are able to secure a very high take up rate of their properties because SIMA GROUP is well known for being a very reliable property developer that produce very high quality properties.

At the moment GSB have 2 small projects in hand. As you can see from the photos, both and near completion.

1. Laman Ara Utama in Bandar Utama.
http://www.sima.com.my/index.php?option=com_content&view=article&id=43&Itemid=50

(http://sima-com-my.sgkinta.mschosting.org/images/stories/lamanara/thumb-lamaara.jpg)
May 2011
(http://a2.sphotos.ak.fbcdn.net/hphotos-ak-snc6/218022_10150151187773602_530548601_6618229_3319869_n.jpg)

2. Courtyard Villa @ Taman Bentong Makmur in Bentong.
http://www.sima.com.my/index.php?option=com_content&view=article&id=46&Itemid=61

(http://sima-com-my.sgkinta.mschosting.org/images/stories/courtyard/bentong-thumb.jpg)
May 2011
(http://i1105.photobucket.com/albums/h342/johnmaster1111/courtyard.jpg)

These properties looks very attractive, they also have very practical designs and of very high quality. These two project will give you an idea what type of properties that they are capable to produce in the future. It does not show any signs of novice developer, it shows a signs of a very experienced property developer... You must be wondering what is going on ? How do they do it ?

The answer is.. the SIMA GROUP

Who is SIMA GROUP ?

Although very low profile, SIMA GROUP Group is a very reputable construction and property player in the country and has been around for about 40 years. They are well known for their quality of work and also being a very trustworthy property developer. Although low profile, do not under-estimate SIMA GROUP because they are handle any forms of property development projects and are able to compete with any big property players in the country in terms of capabilities and quality. Try study their properties from their website how well they design their properties ( www.sima.com.my ). The only trouble I see with them in the past is funding limitations of being a private company, thats why they never grow beyond of what they are today. I am very sure they are aware of it and that leads them to have a listed unit, GSB.

I also noticed that they have a Scholarship programme, although small matter but this is a sign of a strong and rich company that emphasize alot on the quality of their workers. Alot of people overlooked the importance of high quality workers, for me this is very important because these are the people who will decide the future of any company. A good company can be run into the ground with lousy workers but a bad company can be turned into gold by good capable workers.

You can also look at this old article about the SIMA GROUP :
http://www.theedgeproperty.com/news-a-views/4912-cityacountry-sima-group-banks-on-sincerity-to-grow.html

SIMA GROUP OFFICIAL WEBSITE :
www.sima.com.my

From SIMA GROUP website, 2 out of their 3 current projects belongs to GSB. GSB has become very significant business unit within the SIMA GROUP. GSB is also the only listed unit within the SIMA GROUP. This is based on the increased shareholding of SIMA GROUP related parties over GSB and also the backing from SIMA GROUP for all GSB property development projects. The only one current property project that not inside GSB is a very impressive project called Kelana Parklane. Although the Kelana Parklane project is not inside GSB, it does not mean GSB cannot do an equally impressive project in the future because GSB has the same capabilities with the rest of the unlisted companies under the SIMA GROUP because they share the same resources.

At the moment GSB is still trading around 10sen, this is very attractive for a fast growing profitable company with such a huge potential ahead and a exceptionally strong brand name SIMA GROUP. GSB is no longer an un-stable loss making company that it used to be in the past, it is now a profitable and financially stable company with a very good management team. GSB currently is still left unnoticed inside KLSE, in the wrong sector ( industrial ). People are still not aware of this transformation. One day when this transformed GSB starts its bold move into the property market with bigger projects, people will start to notice it and its share price will surely get a big boost. GSB is on the route to become a major property player in the country with SIMA GROUP as its back-bone.

Please take note of these date and how SIMA GROUP, slowly seeps quietly into SMSUMMIT taking over the control of SMSUMMIT ( later change name to GSB ). Which is now a vehicle for SIMA GROUP into KLSE. ( you can find all these from www.klse.com.my (http://www.klse.com.my) , look for SMSUMMIT and GSB )

Nov 2005, SMSUMMIT subscribe to 89.47% of Serta Usaha Sdn Bhd from Sima Group

Sep 2006, Annual Reports ( Sep 2006 ): Sima Group Related shareholdings... ( 4.9% )
Oct 2006, Many key directors of SMSUMMIT resigns
Dec 2006, Gan Pik Mui, Gan Book Kat becomes director of SMSUMMIT ( daughter and son of Sima Group owner, both are also directors of Sima Group )
Dec 2006, Change of name from SMSUMMIT to GSB Group Berhad

Feb 2007, Jeffery Ong ( husband of Gan Pik Mui ) becomes Managing Executive Director of GSB
Sep 2007, Annual Reports ( Sep 2007 ): Sima Group Related shareholdings... ( 26.3% )

Feb 2008, GSB acquired the remaining 10.53% Serta Usaha from Sima Group
Aug 2008, Chairman from previous SMSUMMIT management resigns
Aug 2008, Jeffery Ong becomes chairman of GSB
Sep 2008, Annual Reports: Sima Group Related Shareholdings... ( 31.6% )

Jun 2009, Laman Ara Utama Condovilla project launched, 100% sold out.
Oct 2009, Courtyard Villa, Bentong project launched
Sep 2009, Annual Reports: Sima Group Related Shareholdings.. ( 31.6% )

Apr 2010, Banda Industries Sdn Bhd from Sima Group is now 100% owned by GSB
Sep 2010, Annual Reports ( Sep 2010 ): Sima Group Related Shareholdings.. ( 31.6% )

Jan 2011, GSB sold Ritz Garden Hotel for RM22 million in Cash ( Profit RM4.4 million ).

Note: These are Sima Group related parties, Gan Seng Biang ( Sima Group owner ), Gan Pik Mui ( daughter ), Gan Boon Kat ( Son ), Jeffery Ong ( Son in law ), ID D’Art Sdn Bhd, Sun Acres Development... there could be many more that I am unaware of. There is another company Suria Bitara Sdn Bhd which holds 20.12% GSB shares, Suria Bitara has the same business address with SIMA GROUP.

There are 2 significant units from SIMA GROUP has already been injected into GSB ( Serta Usaha Sdn Bhd and Banda Industries Sdn Bhd ). Both deals are already completed. They are contributing positively to GSB now and are expected to provide more future income for GSB. Lets look at both of them...

Serta Usaha Sdn Bhd.

Serta Usaha Sdn Bhd is acquired from Sima Group for RM9.5 million ( 89.47% in Nov 2005 for RM8.5 million and 10.53% completed  in 2008 for RM1 million )

Serta Usaha has 3 main assets,
Refer to KLSE Announcement, SMSUMMIT : 17/11/2005
http://www.klse.com.my/website/bm/listed_companies/company_announcements/announcements/archives.jsp

(1) A 13 storey hotel known as Ritz Garden Hotel, Taman Seputeh, Kuala Lumpur. Very near Mid Valley, rented to 3rd party operator
(2) Freehold commercial land in Bentong 1,999.15 metre square
(3) Two parcels of freehold industrial land, Daerah Kuala Muda, Kedah 22,311 metre square and 39,355 metre square

in Jan 2011, GSB sold (1) Ritz Garden Hotel for RM22 million in Cash.

Banda Industries Sdn Bhd.

Banda Industries Sdn Bhd is acquired from Sima Group for RM5 million in Apr 2009

Banda Industries Sdn Bhd comes with following assets,
http://www.klse.com.my/website/bm/listed_companies/company_announcements/announcements/archives.jsp
Refer to KLSE Announcement, GSB: 30/07/2009  ( Page 7 and Page 8 in PDF file )

If you want to know how much all that is worth, please do your own calculation because prices of houses change all the time. Posted in May 2011 ( iproperty ), New Launch of a Semi-D in Bentong is RM788K, you can use that as a benchmark to do your own valuation. http://www.iproperty.com.my/propertylisting/829684/TAMAN_BUKIT_BENTONG_Semi-detached_House_ForSale

(1) Land earmarked for development of 66 units of double storey terrace houses

(2) Land earmarked for development of 20 units of bungalow

(3) Riverville is a proposed high end residential development project 20.6 acres adjacent to the Taman Bentong Makmur
It is expected to comprise the following developments:
- 120 units of double storey terrace houses
- 64 units of semi-detached houses
- 16 units of bungalows lots/bungalows

Banda Industries Sdn Bhd also comes with a JV business with another company Restu Angkasa Sdn Bhd ( Land Owner ) to develop a 52.08 acre land
Known as Bukit Utama next to Taman Bentong Makmur where Banda Industries Sdn Bhd land are

Comprise the following developments:
- 233 units of double storey terrace houses;
- 34 units of semi-detached houses; and
- 80 units of bungalows lots.

---

Financials

For safety reason, lets look at whether this company is financially stable or not.

Bank borrowings vs Cash position.

Un-manageable Bank Borrowings can bring down a company. Because once you defaulted a bank repayment you will get a nasty classification and this can be very damaging any companies because both suppliers and customers will also be avoiding such companies. So, this is something we must always look into.

Based on the latest financial report, until 31 Mar 2011.

Short Term Bank Borrowings= RM1.753 million
Bank Overdraft = RM6.161 million
Long Term Bank Borrowings= RM4.822 million
Total Bank Borrowings= RM12.763 million
Cash in Hand plus Fixed Deposit= RM4.068 million

So, by just looking at it, it is Cash RM4.068 million vs Bank Borrowings RM12.763 million. It does not look good especially when GSB has always been known as a loss making company with no future prospects. Probably thats why people are afraid of it and bypass GSB without looking any further.

Most people do not know that GSB has now turned profitable under the new SIMA GROUP management and they also have a new lucarative property development business with a very strong brand name, SIMA GROUP. With SIMA GROUP, we can expect exciting bright future for GSB especailaly in the property development business... because SIMA GROUP is a very reputable and proven as reliable property/construction player that has been delivering good quality properties for the past 40 years.

Even though Cash vs Borrowings position is not a good at the moment, it is still considered as manageable because RM12.763 million is not a very big amount of money.

However  :phew:  :clap:, there is a very significant development in GSB that will change everything; Just recently in Jan 2011, they sold a hotel building which is held under one of their Subsidiary, Serta Usaha for RM22 million in Cash ( RM4.4 million profit ).

Their Cash in Hand will now will be increased to at least RM26.068 million after the sales of the hotel.

So it will be RM26.068 million Cash in Hand vs RM12.763 million total Bank Borrowings.

With that, we can say GSB is no longer a Bank Borrowing risky counter. GSB will be in a very comfortable cash position and this position will improve further because GSB is also profit making company now and more net cash ( profits ) will be coming in from their other business operations. This, however will not make GSB very rich but enough to keep away the Banks from causing troubles and enough for them to launch bigger projects in the future.

Furthermore, with the completion of Both Laman Ara Utama and Courtyard Villa ( whithin this few month ), more cash will be flowing back into GSB. That will put them in even a stronger position.

Although not fantastic but it is good enough to ensure that GSB will not be in any financial difficulties. Best of all GSB achieve all this from a troubled company without asking a single sen from their shareholders. I believe this will improve further as GSB launch more property projects in the future.


Summary

GSB Berhad ( 7077 ) represents an excellent investment oppurtunity with the entry of SIMA GROUP. GSB have the same attributes of all the other unlisted sister companies within the SIMA GROUP. GSB are now able to build properties under the SIMA GROUP name with the design and built quality of SIMA GROUP. This will ensure a very high take up rate in any project launched by GSB ( already proven by their two project Laman Ara Utama and Courtyard Villa @ Taman Bentong Makmur ).

You can read about Sima Group from http://www.theedgemalaysia.com/property/175417-city-a-country-sima-group-banks-on-sincerity-to-grow.html and www.sima.com.my . You will noticed that SIMA GROUP is a very progressive company with very bright future ahead, GSB is currently the only company in SIMA GROUP that is public listed, we can expect them to become more prominent in the future taking on larger property projects because they have better access to the capital market for fundings and also better image of being listed compared to their other unlisted sister companies within the SIMA GROUP.

Not only being a very reputable property developer for the past 40 years, from Sima Group website you will also noticed that they are investing a lot into human capital by having a Scholarship programme... this programme will enable them to take advantage from some of the smartest people in the country. Just by looking at some of the design of the properties you can immediately sense great progressive minds are at work in the SIMA GROUP. The combination of great progressive minds together with 40 years of technical knowledge/skills and high quality work in the property/construction industries, surely it will have a clear advantage when comes to competition.

And of cos as an investor, you need to protect your investment. Besides capabilities, SIMA GROUP is also well known for the past 40 years for their trustworthiness. With that, you can feel at comfort investing into this company because they are not known to take advantage of the minority shareholders. It has already been proven for the past 4 years, even though they are not in good financial health, they just make use of whatever limited resources they can find in the company and yet still able to turn around the company with 4 years of non-stop improvement... without having to ask for more money from minority shareholders.

Many people have ask, why SIMA GROUP already existed 40 years and yet still not as big some of the major property players. As a private company, as we all know will have funding limitations... it all depends on how their boss take risk to secure funds. This for sure will limit the available funds for their property development projects, that is why SIMA GROUP will not be able grow much even though they are have all the technical capabilities.

They could have continued to operate as a private company, I believe it has to do with his children slowly taking over the SIMA GROUP since the boss is already 66 year old... and these young people are definately more ambitious and are exposed more to the financial market, they will surely try to break the funding limitation by getting SIMA GROUP into the capital market ( GSB ). Now together with the SIMA GROUP 40 years of property development expertise and unlimited funds from the capital market, it is new era for SIMA GROUP via GSB. I would not be surprised they were inject the entire SIMA GROUP into GSB in the future. New asset injection or not GSB is set to go after the big boys.

---

Lets look at the Latest Events... everything are pointing at a very positive and promising future for GSB.

Latest Financial Results ( 300% improvement )

This is the best results in the past 4 years, both quarterly and also yearly. It also shows that GSB is moving into the right direction with their new property development business. Just look at the data, every single year there are improvement. They are able to achieve all this with the limited cash they currently have. This show us that GSB have a very good management team because with such a tight resources, they are still able to produce such a good progessive results ( 300% improvement vs last year and non-stop progress for the past 4 years )

Prospects

Now with the additional RM22 million from the hotel sales ( RM4.4 million profit already in the pocket ) and the remaining money coming in from Laman Ara Utama and Courtyard Villa in the next financial year, and a RM300 million (estimates based on RM1M for a Bangalow, RM699K for Semi D and RM300K for Doube-Storey Link ) project in Bentong in the pipe-line at a location where I was told many rich people are staying.

Everything looks very promising for a counter which is still trading around 10sen. Apart from these existing projects and confirmed money coming in, GSB also stand a very good chance to secure new projects since they are now part of the SIMA GROUP. SIMA GROUP as a private company will not be able to secure enough funds to handle too many projects, rather than losing projects to competitors, they will definately pump some projects into GSB because GSB has no funding limitations being a listed company.

4 years of non-stop improvement.

Full Year ( Profit/Loss )
2008 = -4,765K
2009 = -3,788K
2010 = -879K
2011 = 1,629K = Latest ( improved around 300% vs last year, best result in the past 4 years, turns profitable )

4th Quarter ( Profit/Loss )
2008 = -3,241K
2009 = -1,161K
2010 = -982K
2011 = -306K  = Latest ( improved around 300% vs last year, best result in the past 4 years )

With the RM22 million cash coming in from hotel sales and more money will be coming in from their two completing, They will end up with alot of cash on hand. Strangely, they have yet to launch any new projects... new project launch is unavoidable, or are they preparing to take over the Kelana Parklane project ? Whatever it is, it will give GSB a big boost. GSB is about to move into a new era... massive potential ahead.



Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 06:30:54 PM
hey bb, why are you flooding the topic ?
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: . on July 29, 2011, 06:31:10 PM
GSB Group Berhad ( 7077 ) formally known as SMSUMMIT
www.gsbsummit.com.my

HISTORY

SMSUMMIT core business is providing services to manufacture of CD and cassette tape for the entertainment industry. Prior to the entry of directors related to SIMA GROUP, there were no property development activites within SMSUMMIT. Cassette tape business and CD business was not doing well. In fact cassette tape was a sunset industry and at the same time, many Directors has also come and go and company has become very unstable.

When new management team from SIMA GROUP starts to play a prominant role in SMSUMMIT in 2008 ( now known as GSB ). GSB undergo a massive clean up to get rid of all the loss making business units and at the same time ventures into property development. This effort is now bearing fruits and the latest interim results are showing positive results. Although GSB still retains the CD/DVD business ( now profitable ), they are moving towards a more lucarative property development business. With the SIMA GROUP banner in their properties, the are able to secure a very high take up rate of their properties because SIMA GROUP is well known for being a very reliable property developer that produce very high quality properties.

At the moment GSB have 2 small projects in hand. As you can see from the photos, both and near completion.

1. Laman Ara Utama in Bandar Utama.
http://www.sima.com.my/index.php?option=com_content&view=article&id=43&Itemid=50

(http://sima-com-my.sgkinta.mschosting.org/images/stories/lamanara/thumb-lamaara.jpg)
May 2011
(http://a2.sphotos.ak.fbcdn.net/hphotos-ak-snc6/218022_10150151187773602_530548601_6618229_3319869_n.jpg)

2. Courtyard Villa @ Taman Bentong Makmur in Bentong.
http://www.sima.com.my/index.php?option=com_content&view=article&id=46&Itemid=61

(http://sima-com-my.sgkinta.mschosting.org/images/stories/courtyard/bentong-thumb.jpg)
May 2011
(http://i1105.photobucket.com/albums/h342/johnmaster1111/courtyard.jpg)

These properties looks very attractive, they also have very practical designs and of very high quality. These two project will give you an idea what type of properties that they are capable to produce in the future. It does not show any signs of novice developer, it shows a signs of a very experienced property developer... You must be wondering what is going on ? How do they do it ?

The answer is.. the SIMA GROUP

Who is SIMA GROUP ?

Although very low profile, SIMA GROUP Group is a very reputable construction and property player in the country and has been around for about 40 years. They are well known for their quality of work and also being a very trustworthy property developer. Although low profile, do not under-estimate SIMA GROUP because they are handle any forms of property development projects and are able to compete with any big property players in the country in terms of capabilities and quality. Try study their properties from their website how well they design their properties ( www.sima.com.my ). The only trouble I see with them in the past is funding limitations of being a private company, thats why they never grow beyond of what they are today. I am very sure they are aware of it and that leads them to have a listed unit, GSB.

I also noticed that they have a Scholarship programme, although small matter but this is a sign of a strong and rich company that emphasize alot on the quality of their workers. Alot of people overlooked the importance of high quality workers, for me this is very important because these are the people who will decide the future of any company. A good company can be run into the ground with lousy workers but a bad company can be turned into gold by good capable workers.

You can also look at this old article about the SIMA GROUP :
http://www.theedgeproperty.com/news-a-views/4912-cityacountry-sima-group-banks-on-sincerity-to-grow.html

SIMA GROUP OFFICIAL WEBSITE :
www.sima.com.my

From SIMA GROUP website, 2 out of their 3 current projects belongs to GSB. GSB has become very significant business unit within the SIMA GROUP. GSB is also the only listed unit within the SIMA GROUP. This is based on the increased shareholding of SIMA GROUP related parties over GSB and also the backing from SIMA GROUP for all GSB property development projects. The only one current property project that not inside GSB is a very impressive project called Kelana Parklane. Although the Kelana Parklane project is not inside GSB, it does not mean GSB cannot do an equally impressive project in the future because GSB has the same capabilities with the rest of the unlisted companies under the SIMA GROUP because they share the same resources.

At the moment GSB is still trading around 10sen, this is very attractive for a fast growing profitable company with such a huge potential ahead and a exceptionally strong brand name SIMA GROUP. GSB is no longer an un-stable loss making company that it used to be in the past, it is now a profitable and financially stable company with a very good management team. GSB currently is still left unnoticed inside KLSE, in the wrong sector ( industrial ). People are still not aware of this transformation. One day when this transformed GSB starts its bold move into the property market with bigger projects, people will start to notice it and its share price will surely get a big boost. GSB is on the route to become a major property player in the country with SIMA GROUP as its back-bone.

Please take note of these date and how SIMA GROUP, slowly seeps quietly into SMSUMMIT taking over the control of SMSUMMIT ( later change name to GSB ). Which is now a vehicle for SIMA GROUP into KLSE. ( you can find all these from www.klse.com.my (http://www.klse.com.my) , look for SMSUMMIT and GSB )

Nov 2005, SMSUMMIT subscribe to 89.47% of Serta Usaha Sdn Bhd from Sima Group

Sep 2006, Annual Reports ( Sep 2006 ): Sima Group Related shareholdings... ( 4.9% )
Oct 2006, Many key directors of SMSUMMIT resigns
Dec 2006, Gan Pik Mui, Gan Book Kat becomes director of SMSUMMIT ( daughter and son of Sima Group owner, both are also directors of Sima Group )
Dec 2006, Change of name from SMSUMMIT to GSB Group Berhad

Feb 2007, Jeffery Ong ( husband of Gan Pik Mui ) becomes Managing Executive Director of GSB
Sep 2007, Annual Reports ( Sep 2007 ): Sima Group Related shareholdings... ( 26.3% )

Feb 2008, GSB acquired the remaining 10.53% Serta Usaha from Sima Group
Aug 2008, Chairman from previous SMSUMMIT management resigns
Aug 2008, Jeffery Ong becomes chairman of GSB
Sep 2008, Annual Reports: Sima Group Related Shareholdings... ( 31.6% )

Jun 2009, Laman Ara Utama Condovilla project launched, 100% sold out.
Oct 2009, Courtyard Villa, Bentong project launched
Sep 2009, Annual Reports: Sima Group Related Shareholdings.. ( 31.6% )

Apr 2010, Banda Industries Sdn Bhd from Sima Group is now 100% owned by GSB
Sep 2010, Annual Reports ( Sep 2010 ): Sima Group Related Shareholdings.. ( 31.6% )

Jan 2011, GSB sold Ritz Garden Hotel for RM22 million in Cash ( Profit RM4.4 million ).

Note: These are Sima Group related parties, Gan Seng Biang ( Sima Group owner ), Gan Pik Mui ( daughter ), Gan Boon Kat ( Son ), Jeffery Ong ( Son in law ), ID D’Art Sdn Bhd, Sun Acres Development... there could be many more that I am unaware of. There is another company Suria Bitara Sdn Bhd which holds 20.12% GSB shares, Suria Bitara has the same business address with SIMA GROUP.

There are 2 significant units from SIMA GROUP has already been injected into GSB ( Serta Usaha Sdn Bhd and Banda Industries Sdn Bhd ). Both deals are already completed. They are contributing positively to GSB now and are expected to provide more future income for GSB. Lets look at both of them...

Serta Usaha Sdn Bhd.

Serta Usaha Sdn Bhd is acquired from Sima Group for RM9.5 million ( 89.47% in Nov 2005 for RM8.5 million and 10.53% completed  in 2008 for RM1 million )

Serta Usaha has 3 main assets,
Refer to KLSE Announcement, SMSUMMIT : 17/11/2005
http://www.klse.com.my/website/bm/listed_companies/company_announcements/announcements/archives.jsp

(1) A 13 storey hotel known as Ritz Garden Hotel, Taman Seputeh, Kuala Lumpur. Very near Mid Valley, rented to 3rd party operator
(2) Freehold commercial land in Bentong 1,999.15 metre square
(3) Two parcels of freehold industrial land, Daerah Kuala Muda, Kedah 22,311 metre square and 39,355 metre square

in Jan 2011, GSB sold (1) Ritz Garden Hotel for RM22 million in Cash.

Banda Industries Sdn Bhd.

Banda Industries Sdn Bhd is acquired from Sima Group for RM5 million in Apr 2009

Banda Industries Sdn Bhd comes with following assets,
http://www.klse.com.my/website/bm/listed_companies/company_announcements/announcements/archives.jsp
Refer to KLSE Announcement, GSB: 30/07/2009  ( Page 7 and Page 8 in PDF file )

If you want to know how much all that is worth, please do your own calculation because prices of houses change all the time. Posted in May 2011 ( iproperty ), New Launch of a Semi-D in Bentong is RM788K, you can use that as a benchmark to do your own valuation. http://www.iproperty.com.my/propertylisting/829684/TAMAN_BUKIT_BENTONG_Semi-detached_House_ForSale

(1) Land earmarked for development of 66 units of double storey terrace houses

(2) Land earmarked for development of 20 units of bungalow

(3) Riverville is a proposed high end residential development project 20.6 acres adjacent to the Taman Bentong Makmur
It is expected to comprise the following developments:
- 120 units of double storey terrace houses
- 64 units of semi-detached houses
- 16 units of bungalows lots/bungalows

Banda Industries Sdn Bhd also comes with a JV business with another company Restu Angkasa Sdn Bhd ( Land Owner ) to develop a 52.08 acre land
Known as Bukit Utama next to Taman Bentong Makmur where Banda Industries Sdn Bhd land are

Comprise the following developments:
- 233 units of double storey terrace houses;
- 34 units of semi-detached houses; and
- 80 units of bungalows lots.

---

Financials

For safety reason, lets look at whether this company is financially stable or not.

Bank borrowings vs Cash position.

Un-manageable Bank Borrowings can bring down a company. Because once you defaulted a bank repayment you will get a nasty classification and this can be very damaging any companies because both suppliers and customers will also be avoiding such companies. So, this is something we must always look into.

Based on the latest financial report, until 31 Mar 2011.

Short Term Bank Borrowings= RM1.753 million
Bank Overdraft = RM6.161 million
Long Term Bank Borrowings= RM4.822 million
Total Bank Borrowings= RM12.763 million
Cash in Hand plus Fixed Deposit= RM4.068 million

So, by just looking at it, it is Cash RM4.068 million vs Bank Borrowings RM12.763 million. It does not look good especially when GSB has always been known as a loss making company with no future prospects. Probably thats why people are afraid of it and bypass GSB without looking any further.

Most people do not know that GSB has now turned profitable under the new SIMA GROUP management and they also have a new lucarative property development business with a very strong brand name, SIMA GROUP. With SIMA GROUP, we can expect exciting bright future for GSB especailaly in the property development business... because SIMA GROUP is a very reputable and proven as reliable property/construction player that has been delivering good quality properties for the past 40 years.

Even though Cash vs Borrowings position is not a good at the moment, it is still considered as manageable because RM12.763 million is not a very big amount of money.

However  :phew:  :clap:, there is a very significant development in GSB that will change everything; Just recently in Jan 2011, they sold a hotel building which is held under one of their Subsidiary, Serta Usaha for RM22 million in Cash ( RM4.4 million profit ).

Their Cash in Hand will now will be increased to at least RM26.068 million after the sales of the hotel.

So it will be RM26.068 million Cash in Hand vs RM12.763 million total Bank Borrowings.

With that, we can say GSB is no longer a Bank Borrowing risky counter. GSB will be in a very comfortable cash position and this position will improve further because GSB is also profit making company now and more net cash ( profits ) will be coming in from their other business operations. This, however will not make GSB very rich but enough to keep away the Banks from causing troubles and enough for them to launch bigger projects in the future.

Furthermore, with the completion of Both Laman Ara Utama and Courtyard Villa ( whithin this few month ), more cash will be flowing back into GSB. That will put them in even a stronger position.

Although not fantastic but it is good enough to ensure that GSB will not be in any financial difficulties. Best of all GSB achieve all this from a troubled company without asking a single sen from their shareholders. I believe this will improve further as GSB launch more property projects in the future.


Summary

GSB Berhad ( 7077 ) represents an excellent investment oppurtunity with the entry of SIMA GROUP. GSB have the same attributes of all the other unlisted sister companies within the SIMA GROUP. GSB are now able to build properties under the SIMA GROUP name with the design and built quality of SIMA GROUP. This will ensure a very high take up rate in any project launched by GSB ( already proven by their two project Laman Ara Utama and Courtyard Villa @ Taman Bentong Makmur ).

You can read about Sima Group from http://www.theedgemalaysia.com/property/175417-city-a-country-sima-group-banks-on-sincerity-to-grow.html and www.sima.com.my . You will noticed that SIMA GROUP is a very progressive company with very bright future ahead, GSB is currently the only company in SIMA GROUP that is public listed, we can expect them to become more prominent in the future taking on larger property projects because they have better access to the capital market for fundings and also better image of being listed compared to their other unlisted sister companies within the SIMA GROUP.

Not only being a very reputable property developer for the past 40 years, from Sima Group website you will also noticed that they are investing a lot into human capital by having a Scholarship programme... this programme will enable them to take advantage from some of the smartest people in the country. Just by looking at some of the design of the properties you can immediately sense great progressive minds are at work in the SIMA GROUP. The combination of great progressive minds together with 40 years of technical knowledge/skills and high quality work in the property/construction industries, surely it will have a clear advantage when comes to competition.

And of cos as an investor, you need to protect your investment. Besides capabilities, SIMA GROUP is also well known for the past 40 years for their trustworthiness. With that, you can feel at comfort investing into this company because they are not known to take advantage of the minority shareholders. It has already been proven for the past 4 years, even though they are not in good financial health, they just make use of whatever limited resources they can find in the company and yet still able to turn around the company with 4 years of non-stop improvement... without having to ask for more money from minority shareholders.

Many people have ask, why SIMA GROUP already existed 40 years and yet still not as big some of the major property players. As a private company, as we all know will have funding limitations... it all depends on how their boss take risk to secure funds. This for sure will limit the available funds for their property development projects, that is why SIMA GROUP will not be able grow much even though they are have all the technical capabilities.

They could have continued to operate as a private company, I believe it has to do with his children slowly taking over the SIMA GROUP since the boss is already 66 year old... and these young people are definately more ambitious and are exposed more to the financial market, they will surely try to break the funding limitation by getting SIMA GROUP into the capital market ( GSB ). Now together with the SIMA GROUP 40 years of property development expertise and unlimited funds from the capital market, it is new era for SIMA GROUP via GSB. I would not be surprised they were inject the entire SIMA GROUP into GSB in the future. New asset injection or not GSB is set to go after the big boys.

---

Lets look at the Latest Events... everything are pointing at a very positive and promising future for GSB.

Latest Financial Results ( 300% improvement )

This is the best results in the past 4 years, both quarterly and also yearly. It also shows that GSB is moving into the right direction with their new property development business. Just look at the data, every single year there are improvement. They are able to achieve all this with the limited cash they currently have. This show us that GSB have a very good management team because with such a tight resources, they are still able to produce such a good progessive results ( 300% improvement vs last year and non-stop progress for the past 4 years )

Prospects

Now with the additional RM22 million from the hotel sales ( RM4.4 million profit already in the pocket ) and the remaining money coming in from Laman Ara Utama and Courtyard Villa in the next financial year, and a RM300 million (estimates based on RM1M for a Bangalow, RM699K for Semi D and RM300K for Doube-Storey Link ) project in Bentong in the pipe-line at a location where I was told many rich people are staying.

Everything looks very promising for a counter which is still trading around 10sen. Apart from these existing projects and confirmed money coming in, GSB also stand a very good chance to secure new projects since they are now part of the SIMA GROUP. SIMA GROUP as a private company will not be able to secure enough funds to handle too many projects, rather than losing projects to competitors, they will definately pump some projects into GSB because GSB has no funding limitations being a listed company.

4 years of non-stop improvement.

Full Year ( Profit/Loss )
2008 = -4,765K
2009 = -3,788K
2010 = -879K
2011 = 1,629K = Latest ( improved around 300% vs last year, best result in the past 4 years, turns profitable )

4th Quarter ( Profit/Loss )
2008 = -3,241K
2009 = -1,161K
2010 = -982K
2011 = -306K  = Latest ( improved around 300% vs last year, best result in the past 4 years )

With the RM22 million cash coming in from hotel sales and more money will be coming in from their two completing, They will end up with alot of cash on hand. Strangely, they have yet to launch any new projects... new project launch is unavoidable, or are they preparing to take over the Kelana Parklane project ? Whatever it is, it will give GSB a big boost. GSB is about to move into a new era... massive potential ahead.




Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: . on July 29, 2011, 06:31:41 PM
hey bb, why are you flooding the topic ?

SHIOK!!! BESTNYA!!!! :D :D :D...................................... ............WAKAKAKAKAKAKAKAKAKAKAKA
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: . on July 29, 2011, 06:32:18 PM
GSB Group Berhad ( 7077 ) formally known as SMSUMMIT
www.gsbsummit.com.my

HISTORY

SMSUMMIT core business is providing services to manufacture of CD and cassette tape for the entertainment industry. Prior to the entry of directors related to SIMA GROUP, there were no property development activites within SMSUMMIT. Cassette tape business and CD business was not doing well. In fact cassette tape was a sunset industry and at the same time, many Directors has also come and go and company has become very unstable.

When new management team from SIMA GROUP starts to play a prominant role in SMSUMMIT in 2008 ( now known as GSB ). GSB undergo a massive clean up to get rid of all the loss making business units and at the same time ventures into property development. This effort is now bearing fruits and the latest interim results are showing positive results. Although GSB still retains the CD/DVD business ( now profitable ), they are moving towards a more lucarative property development business. With the SIMA GROUP banner in their properties, the are able to secure a very high take up rate of their properties because SIMA GROUP is well known for being a very reliable property developer that produce very high quality properties.

At the moment GSB have 2 small projects in hand. As you can see from the photos, both and near completion.

1. Laman Ara Utama in Bandar Utama.
http://www.sima.com.my/index.php?option=com_content&view=article&id=43&Itemid=50

(http://sima-com-my.sgkinta.mschosting.org/images/stories/lamanara/thumb-lamaara.jpg)
May 2011
(http://a2.sphotos.ak.fbcdn.net/hphotos-ak-snc6/218022_10150151187773602_530548601_6618229_3319869_n.jpg)

2. Courtyard Villa @ Taman Bentong Makmur in Bentong.
http://www.sima.com.my/index.php?option=com_content&view=article&id=46&Itemid=61

(http://sima-com-my.sgkinta.mschosting.org/images/stories/courtyard/bentong-thumb.jpg)
May 2011
(http://i1105.photobucket.com/albums/h342/johnmaster1111/courtyard.jpg)

These properties looks very attractive, they also have very practical designs and of very high quality. These two project will give you an idea what type of properties that they are capable to produce in the future. It does not show any signs of novice developer, it shows a signs of a very experienced property developer... You must be wondering what is going on ? How do they do it ?

The answer is.. the SIMA GROUP

Who is SIMA GROUP ?

Although very low profile, SIMA GROUP Group is a very reputable construction and property player in the country and has been around for about 40 years. They are well known for their quality of work and also being a very trustworthy property developer. Although low profile, do not under-estimate SIMA GROUP because they are handle any forms of property development projects and are able to compete with any big property players in the country in terms of capabilities and quality. Try study their properties from their website how well they design their properties ( www.sima.com.my ). The only trouble I see with them in the past is funding limitations of being a private company, thats why they never grow beyond of what they are today. I am very sure they are aware of it and that leads them to have a listed unit, GSB.

I also noticed that they have a Scholarship programme, although small matter but this is a sign of a strong and rich company that emphasize alot on the quality of their workers. Alot of people overlooked the importance of high quality workers, for me this is very important because these are the people who will decide the future of any company. A good company can be run into the ground with lousy workers but a bad company can be turned into gold by good capable workers.

You can also look at this old article about the SIMA GROUP :
http://www.theedgeproperty.com/news-a-views/4912-cityacountry-sima-group-banks-on-sincerity-to-grow.html

SIMA GROUP OFFICIAL WEBSITE :
www.sima.com.my

From SIMA GROUP website, 2 out of their 3 current projects belongs to GSB. GSB has become very significant business unit within the SIMA GROUP. GSB is also the only listed unit within the SIMA GROUP. This is based on the increased shareholding of SIMA GROUP related parties over GSB and also the backing from SIMA GROUP for all GSB property development projects. The only one current property project that not inside GSB is a very impressive project called Kelana Parklane. Although the Kelana Parklane project is not inside GSB, it does not mean GSB cannot do an equally impressive project in the future because GSB has the same capabilities with the rest of the unlisted companies under the SIMA GROUP because they share the same resources.

At the moment GSB is still trading around 10sen, this is very attractive for a fast growing profitable company with such a huge potential ahead and a exceptionally strong brand name SIMA GROUP. GSB is no longer an un-stable loss making company that it used to be in the past, it is now a profitable and financially stable company with a very good management team. GSB currently is still left unnoticed inside KLSE, in the wrong sector ( industrial ). People are still not aware of this transformation. One day when this transformed GSB starts its bold move into the property market with bigger projects, people will start to notice it and its share price will surely get a big boost. GSB is on the route to become a major property player in the country with SIMA GROUP as its back-bone.

Please take note of these date and how SIMA GROUP, slowly seeps quietly into SMSUMMIT taking over the control of SMSUMMIT ( later change name to GSB ). Which is now a vehicle for SIMA GROUP into KLSE. ( you can find all these from www.klse.com.my (http://www.klse.com.my) , look for SMSUMMIT and GSB )

Nov 2005, SMSUMMIT subscribe to 89.47% of Serta Usaha Sdn Bhd from Sima Group

Sep 2006, Annual Reports ( Sep 2006 ): Sima Group Related shareholdings... ( 4.9% )
Oct 2006, Many key directors of SMSUMMIT resigns
Dec 2006, Gan Pik Mui, Gan Book Kat becomes director of SMSUMMIT ( daughter and son of Sima Group owner, both are also directors of Sima Group )
Dec 2006, Change of name from SMSUMMIT to GSB Group Berhad

Feb 2007, Jeffery Ong ( husband of Gan Pik Mui ) becomes Managing Executive Director of GSB
Sep 2007, Annual Reports ( Sep 2007 ): Sima Group Related shareholdings... ( 26.3% )

Feb 2008, GSB acquired the remaining 10.53% Serta Usaha from Sima Group
Aug 2008, Chairman from previous SMSUMMIT management resigns
Aug 2008, Jeffery Ong becomes chairman of GSB
Sep 2008, Annual Reports: Sima Group Related Shareholdings... ( 31.6% )

Jun 2009, Laman Ara Utama Condovilla project launched, 100% sold out.
Oct 2009, Courtyard Villa, Bentong project launched
Sep 2009, Annual Reports: Sima Group Related Shareholdings.. ( 31.6% )

Apr 2010, Banda Industries Sdn Bhd from Sima Group is now 100% owned by GSB
Sep 2010, Annual Reports ( Sep 2010 ): Sima Group Related Shareholdings.. ( 31.6% )

Jan 2011, GSB sold Ritz Garden Hotel for RM22 million in Cash ( Profit RM4.4 million ).

Note: These are Sima Group related parties, Gan Seng Biang ( Sima Group owner ), Gan Pik Mui ( daughter ), Gan Boon Kat ( Son ), Jeffery Ong ( Son in law ), ID D’Art Sdn Bhd, Sun Acres Development... there could be many more that I am unaware of. There is another company Suria Bitara Sdn Bhd which holds 20.12% GSB shares, Suria Bitara has the same business address with SIMA GROUP.

There are 2 significant units from SIMA GROUP has already been injected into GSB ( Serta Usaha Sdn Bhd and Banda Industries Sdn Bhd ). Both deals are already completed. They are contributing positively to GSB now and are expected to provide more future income for GSB. Lets look at both of them...

Serta Usaha Sdn Bhd.

Serta Usaha Sdn Bhd is acquired from Sima Group for RM9.5 million ( 89.47% in Nov 2005 for RM8.5 million and 10.53% completed  in 2008 for RM1 million )

Serta Usaha has 3 main assets,
Refer to KLSE Announcement, SMSUMMIT : 17/11/2005
http://www.klse.com.my/website/bm/listed_companies/company_announcements/announcements/archives.jsp

(1) A 13 storey hotel known as Ritz Garden Hotel, Taman Seputeh, Kuala Lumpur. Very near Mid Valley, rented to 3rd party operator
(2) Freehold commercial land in Bentong 1,999.15 metre square
(3) Two parcels of freehold industrial land, Daerah Kuala Muda, Kedah 22,311 metre square and 39,355 metre square

in Jan 2011, GSB sold (1) Ritz Garden Hotel for RM22 million in Cash.

Banda Industries Sdn Bhd.

Banda Industries Sdn Bhd is acquired from Sima Group for RM5 million in Apr 2009

Banda Industries Sdn Bhd comes with following assets,
http://www.klse.com.my/website/bm/listed_companies/company_announcements/announcements/archives.jsp
Refer to KLSE Announcement, GSB: 30/07/2009  ( Page 7 and Page 8 in PDF file )

If you want to know how much all that is worth, please do your own calculation because prices of houses change all the time. Posted in May 2011 ( iproperty ), New Launch of a Semi-D in Bentong is RM788K, you can use that as a benchmark to do your own valuation. http://www.iproperty.com.my/propertylisting/829684/TAMAN_BUKIT_BENTONG_Semi-detached_House_ForSale

(1) Land earmarked for development of 66 units of double storey terrace houses

(2) Land earmarked for development of 20 units of bungalow

(3) Riverville is a proposed high end residential development project 20.6 acres adjacent to the Taman Bentong Makmur
It is expected to comprise the following developments:
- 120 units of double storey terrace houses
- 64 units of semi-detached houses
- 16 units of bungalows lots/bungalows

Banda Industries Sdn Bhd also comes with a JV business with another company Restu Angkasa Sdn Bhd ( Land Owner ) to develop a 52.08 acre land
Known as Bukit Utama next to Taman Bentong Makmur where Banda Industries Sdn Bhd land are

Comprise the following developments:
- 233 units of double storey terrace houses;
- 34 units of semi-detached houses; and
- 80 units of bungalows lots.

---

Financials

For safety reason, lets look at whether this company is financially stable or not.

Bank borrowings vs Cash position.

Un-manageable Bank Borrowings can bring down a company. Because once you defaulted a bank repayment you will get a nasty classification and this can be very damaging any companies because both suppliers and customers will also be avoiding such companies. So, this is something we must always look into.

Based on the latest financial report, until 31 Mar 2011.

Short Term Bank Borrowings= RM1.753 million
Bank Overdraft = RM6.161 million
Long Term Bank Borrowings= RM4.822 million
Total Bank Borrowings= RM12.763 million
Cash in Hand plus Fixed Deposit= RM4.068 million

So, by just looking at it, it is Cash RM4.068 million vs Bank Borrowings RM12.763 million. It does not look good especially when GSB has always been known as a loss making company with no future prospects. Probably thats why people are afraid of it and bypass GSB without looking any further.

Most people do not know that GSB has now turned profitable under the new SIMA GROUP management and they also have a new lucarative property development business with a very strong brand name, SIMA GROUP. With SIMA GROUP, we can expect exciting bright future for GSB especailaly in the property development business... because SIMA GROUP is a very reputable and proven as reliable property/construction player that has been delivering good quality properties for the past 40 years.

Even though Cash vs Borrowings position is not a good at the moment, it is still considered as manageable because RM12.763 million is not a very big amount of money.

However  :phew:  :clap:, there is a very significant development in GSB that will change everything; Just recently in Jan 2011, they sold a hotel building which is held under one of their Subsidiary, Serta Usaha for RM22 million in Cash ( RM4.4 million profit ).

Their Cash in Hand will now will be increased to at least RM26.068 million after the sales of the hotel.

So it will be RM26.068 million Cash in Hand vs RM12.763 million total Bank Borrowings.

With that, we can say GSB is no longer a Bank Borrowing risky counter. GSB will be in a very comfortable cash position and this position will improve further because GSB is also profit making company now and more net cash ( profits ) will be coming in from their other business operations. This, however will not make GSB very rich but enough to keep away the Banks from causing troubles and enough for them to launch bigger projects in the future.

Furthermore, with the completion of Both Laman Ara Utama and Courtyard Villa ( whithin this few month ), more cash will be flowing back into GSB. That will put them in even a stronger position.

Although not fantastic but it is good enough to ensure that GSB will not be in any financial difficulties. Best of all GSB achieve all this from a troubled company without asking a single sen from their shareholders. I believe this will improve further as GSB launch more property projects in the future.


Summary

GSB Berhad ( 7077 ) represents an excellent investment oppurtunity with the entry of SIMA GROUP. GSB have the same attributes of all the other unlisted sister companies within the SIMA GROUP. GSB are now able to build properties under the SIMA GROUP name with the design and built quality of SIMA GROUP. This will ensure a very high take up rate in any project launched by GSB ( already proven by their two project Laman Ara Utama and Courtyard Villa @ Taman Bentong Makmur ).

You can read about Sima Group from http://www.theedgemalaysia.com/property/175417-city-a-country-sima-group-banks-on-sincerity-to-grow.html and www.sima.com.my . You will noticed that SIMA GROUP is a very progressive company with very bright future ahead, GSB is currently the only company in SIMA GROUP that is public listed, we can expect them to become more prominent in the future taking on larger property projects because they have better access to the capital market for fundings and also better image of being listed compared to their other unlisted sister companies within the SIMA GROUP.

Not only being a very reputable property developer for the past 40 years, from Sima Group website you will also noticed that they are investing a lot into human capital by having a Scholarship programme... this programme will enable them to take advantage from some of the smartest people in the country. Just by looking at some of the design of the properties you can immediately sense great progressive minds are at work in the SIMA GROUP. The combination of great progressive minds together with 40 years of technical knowledge/skills and high quality work in the property/construction industries, surely it will have a clear advantage when comes to competition.

And of cos as an investor, you need to protect your investment. Besides capabilities, SIMA GROUP is also well known for the past 40 years for their trustworthiness. With that, you can feel at comfort investing into this company because they are not known to take advantage of the minority shareholders. It has already been proven for the past 4 years, even though they are not in good financial health, they just make use of whatever limited resources they can find in the company and yet still able to turn around the company with 4 years of non-stop improvement... without having to ask for more money from minority shareholders.

Many people have ask, why SIMA GROUP already existed 40 years and yet still not as big some of the major property players. As a private company, as we all know will have funding limitations... it all depends on how their boss take risk to secure funds. This for sure will limit the available funds for their property development projects, that is why SIMA GROUP will not be able grow much even though they are have all the technical capabilities.

They could have continued to operate as a private company, I believe it has to do with his children slowly taking over the SIMA GROUP since the boss is already 66 year old... and these young people are definately more ambitious and are exposed more to the financial market, they will surely try to break the funding limitation by getting SIMA GROUP into the capital market ( GSB ). Now together with the SIMA GROUP 40 years of property development expertise and unlimited funds from the capital market, it is new era for SIMA GROUP via GSB. I would not be surprised they were inject the entire SIMA GROUP into GSB in the future. New asset injection or not GSB is set to go after the big boys.

---

Lets look at the Latest Events... everything are pointing at a very positive and promising future for GSB.

Latest Financial Results ( 300% improvement )

This is the best results in the past 4 years, both quarterly and also yearly. It also shows that GSB is moving into the right direction with their new property development business. Just look at the data, every single year there are improvement. They are able to achieve all this with the limited cash they currently have. This show us that GSB have a very good management team because with such a tight resources, they are still able to produce such a good progessive results ( 300% improvement vs last year and non-stop progress for the past 4 years )

Prospects

Now with the additional RM22 million from the hotel sales ( RM4.4 million profit already in the pocket ) and the remaining money coming in from Laman Ara Utama and Courtyard Villa in the next financial year, and a RM300 million (estimates based on RM1M for a Bangalow, RM699K for Semi D and RM300K for Doube-Storey Link ) project in Bentong in the pipe-line at a location where I was told many rich people are staying.

Everything looks very promising for a counter which is still trading around 10sen. Apart from these existing projects and confirmed money coming in, GSB also stand a very good chance to secure new projects since they are now part of the SIMA GROUP. SIMA GROUP as a private company will not be able to secure enough funds to handle too many projects, rather than losing projects to competitors, they will definately pump some projects into GSB because GSB has no funding limitations being a listed company.

4 years of non-stop improvement.

Full Year ( Profit/Loss )
2008 = -4,765K
2009 = -3,788K
2010 = -879K
2011 = 1,629K = Latest ( improved around 300% vs last year, best result in the past 4 years, turns profitable )

4th Quarter ( Profit/Loss )
2008 = -3,241K
2009 = -1,161K
2010 = -982K
2011 = -306K  = Latest ( improved around 300% vs last year, best result in the past 4 years )

With the RM22 million cash coming in from hotel sales and more money will be coming in from their two completing, They will end up with alot of cash on hand. Strangely, they have yet to launch any new projects... new project launch is unavoidable, or are they preparing to take over the Kelana Parklane project ? Whatever it is, it will give GSB a big boost. GSB is about to move into a new era... massive potential ahead.




Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Guesst on July 29, 2011, 06:33:27 PM
I am always truthful.
Therefore, the problem lies in whether you choose to believe or not.
There is nothing that I need to do.
Can you see the logic? :)
I, like many others, would like to believe.. but the perceptions we are getting are not consistent with these professed qualities - wealth (RM40 mil) and truthfulness..

The point is, if we accuse others as liars (in some aspects), are we also one of them (in other aspects)???

BTW, I do have 100 million cash.. :nod: :nod: :nod: and losing some is no big deal... :D :D :D
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 29, 2011, 06:33:36 PM
damm.. GSB topic is being flooded with spams again :( V10 soon :(
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: iiinvestsmart on July 29, 2011, 06:35:04 PM
I, like many others, would like to believe.. but the perceptions we are getting are not consistent with these professed qualities - wealth (RM40 mil) and truthfulness..

The point is, if we accuse others as liars (in some aspects), are we also one of them (in other aspects)???

BTW, I do have 100 million cash.. :nod: :nod: :nod: and losing some is no big deal... :D :D :D

Please share your learned and just view here.  :)
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: bengram on July 29, 2011, 07:16:06 PM
CHEAP FOR ME TO PLAY MAAR..... IF LIKE GENTING SHARES I CANT AFFORD TO PLAY....

UNLESS YOU LOAN ME MONEY LAHH... CAN???? :D :D :D

I respect your wish to play this stock based on its relative low dollar value (it makes perfect sense because of the lower brokerage, clearing fees, and stamp duties). But for the more serious investors, the definition of cheap or expensive will be based more on whether it is undervalued or overvalued.

You mentioned Genting - This is a totally different category and should not be compared to GSB, in terms of industry, size of the group, historical growth, reputation, management strength, historical earnings record etc. It's up to you how you want to shape your own portfolio. Anyway, I have also included GSB into my portfolio but I make it clear to myself about its role/purpose in my portfolio - for medium-term speculation purposes. It doesn't have fantastic earnings/track record (yet) for me to lump all my funds into GSB, but it has the potential to generate extraordinary returns that looked enticing for me to include this into a separate satellite speculative fund.

Just to share my views on this company (no right or wrong)

Likes
1) Size - What interests me about this company is its relatively small size (RM40 million) - Again, we shouldn't confuse ourselves by assuming small as being cheap. Small is a size, while cheap is a value. At this size, it has a lot of room to grow bigger (provided they have proper strategy in place). Of course, it also has the potential to go down the drain, if funds or existing operations are mismanaged. On the positive side, just a handful of profitable, reasonably-sized GDV projects will be sufficient to propel the value of the company upwards, and increase its size from RM40million to RM80 million and beyond, if it's properly managed.

2) New management. We all know by now that the new team since 2007 are from Sima Group. These individuals seem to have had respectable working experience from big-4 accounting firm. Every year in their annual report since taking over in 2007, the chairman would reassure that "We have put in place several necessary measures that will enable us to capitalize on the new and diversified revenue streams for future growth." and it indicates that property development is going to be their diversified revenue generator in the future. (Anyway, this is a major pulling factor for me to get my feet wet in this company. If it wasn't for this change in direction, I would also just dismissed this stock like the rest of the hundreds of useless stocks listed in on the exchange).

3) Net cash position (as pointed out by Johnmaster) and positive cashflows from operating activities.


Dislikes
1) I'm generally a fundamentalist, so not being able to see consistent growth in earnings to calculate historical profit growth makes me nervous about putting money on this company. Reduction in losses counts as nothing to me. Only positive earnings matter. However, the reason why I feel comfortable paying RM0.10 for this stock is because the price paid is close to its NTA of RM0.10, which means I'm not over-paying based on its current NTA. In other words, I'm getting RM40million worth of assets (after deducting creditors and borrowings) for my RM40million that I paid. No gain, no loss. In comparing the risks and returns, the odds of the company doing better seems to be higher than the odds of it becoming worse. [See the word "odds"?, that's why it's in my speculative portfolio and not my long-term portfolio]

2) Having Sima Group as a related party (Sima and GSB share the same management team, but not under the same legal structure. Sima is not a direct parent company of GSB, nor a subsidiary of GSB) makes me nervous about conflict of interest - whether the same management will decide to let GSB have the lousy projects, while keeping the profitable ones to Sima, like what some of us here had pointed out earlier. This is because the family retains 100% in Sima but only 50%++ in GSB. Logic tells me that anything beneficial should benefit my family first, rather than outsiders. Unless Sima Group becomes a subsidiary of GSB, I'll be worried of the above conflict of interest.

3) New accounting standards that changes the timing of the recognition of revenues and profits generated from property development activities.
(Last time, revenue and profits were recognised according to percentage of completion. Now it is only recognised at the end of the project, when keys are handed over to the buyer).
This has the potential to create volatile earnings if we make a year-on-year comparison. Let's take an example, a project is 100% taken up upon launching before construction starts. And construction progress is 30%, 30%, and 40% in 3 years time. We get smooth earnings over the 3 years whereas now, we'll be seeing something like 0%, 0% then 100%. It's going to be very tricky if we are to use PE ratio to assign a value to property developers in the future, including GSB. And so asset-based valuation (RNAV) will become even more relevant to be used as a basis in estimating its value.


Other neutral points
1) Selling of hotel - Some viewed it as a bad thing (cash-strapped therefore need to sell), some view it as a good thing (good timing to dispose a property during the upswing in property cycle). I'm mixed about this and share both perspective. As long as hospitality is not their core business, I'm neutral on whether they sell or keep it. If hospitality is their core business and they are selling hotels, I'll be selling away this stock.

2) Increase in creditors - The increase in creditors is in line with their acquisition of Banda Industry and not due to sudden inability to pay their operations, so I'm not overly concerned. The increase in creditors is also accompanied by an increase in assets at the same time due to new assets consolidated from Banda Industry. Nothing much to talk about this.

3) Loss-making divisions - Cassette division has been disposed off, so hopefully the bleeding wounds from the old SM Summit days are over. We'll need to assess their optical (CD/DVD) segments for any signs of weaknesses in the coming quarters and see if its true that this segment is getting profitable as claimed by management. As long as there is positive cashflow and/or positive contribution (not net profit) from this optical segment, the decision will be to keep it running.

4) Is GSB sustainable at the current price level of RM0.10? In my opinion, the price of RM0.10 per share is currently supported by its net assets of RM0.10 per share. Its ability to go up in value will depend largely on their future projects that they can garner for themselves. Based on the current situation, it'll be part of my speculative portfolio rather than my long-term, low-risk portfolio.

5) Injection of Kelana Parklane - Johnmaster is quite upbeat of the prospect but personally I do not share the same enthusiasm, mainly because the project isn't new, so it might have been fully sold. If a project is fully/almost fully sold and is close to completion, it means there is not much revenue or profit left to be recognised, even if they did transfer the project into GSB. (I may be wrong, just a hunch)


These are just my opinion, and might be totally wrong.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: tajudinhelmikari on July 29, 2011, 08:09:54 PM
There is genuine concern that GSB is a penny stock being identified for a pump and dump stock by JM.
It is very sad for those who have already lost a lot of money in this counter in May.
GSB is a poor quality stock and a gruesome company.
Many of those silent readers would have realised this and stayed away from this stock.
Let those who are in this stock (voluntarily, or trapped), play the games among themselves.
My personal opinion is to sell this stock and cash out and replace with another high quality stock.
With so much uncertainty in the market, the corrections have set in.
Hopefully, the correction will be deep offering great bargains.  :)


Your personal opinion is just an opinion, just your opinion which means nothing to most of us. :D :D :D :D
Your personal opinion is not even your own when this opinion is jointly shared by raider and predator >:( >:( :headbang: :headbang:
Please don't put the lips of the silent readers into your stinking mouth where the creatures of the night leave their waste and sewerage and later made a mausoleum there.
Why worry so much uncertainty in the market when one should be more concern the uncertainty of life :thumbsdown: :thumbsdown:
Stop being a hypocrite and do not be a munafaq :thumbsdown: :thumbsdown:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Cals on July 29, 2011, 08:20:37 PM
wow gone for afternoon session and 4 pages to read ; my god, entertaining
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: iiinvestsmart on July 29, 2011, 08:42:40 PM
Your personal opinion is just an opinion, just your opinion which means nothing to most of us. :D :D :D :D
Your personal opinion is not even your own when this opinion is jointly shared by raider and predator >:( >:( :headbang: :headbang:
Please don't put the lips of the silent readers into your stinking mouth where the creatures of the night leave their waste and sewerage and later made a mausoleum there.
Why worry so much uncertainty in the market when one should be more concern the uncertainty of life :thumbsdown: :thumbsdown:
Stop being a hypocrite and do not be a munafaq :thumbsdown: :thumbsdown:


It hurts you that I am not taking your and JM's side.
No one is right or wrong here.
So take this discussion in good faith.
Be rational, the stock doesn't even know who owns it.  :)
Above all, be less emotional.  ;)
So what if you have losses in this stock now.
JM asks you to hold long term.
Yes, and it is also possible too.
The company may miraculously deliver in its earnings, ..
.. and bravo, the price of GSB shoots upwards.

Don't despair.  :handshake:

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: iiinvestsmart on July 29, 2011, 08:49:22 PM
I respect your wish to play this stock based on its relative low dollar value (it makes perfect sense because of the lower brokerage, clearing fees, and stamp duties). But for the more serious investors, the definition of cheap or expensive will be based more on whether it is undervalued or overvalued.

You mentioned Genting - This is a totally different category and should not be compared to GSB, in terms of industry, size of the group, historical growth, reputation, management strength, historical earnings record etc. It's up to you how you want to shape your own portfolio. Anyway, I have also included GSB into my portfolio but I make it clear to myself about its role/purpose in my portfolio - for medium-term speculation purposes. It doesn't have fantastic earnings/track record (yet) for me to lump all my funds into GSB, but it has the potential to generate extraordinary returns that looked enticing for me to include this into a separate satellite speculative fund.

Just to share my views on this company (no right or wrong)

Likes
1) Size - What interests me about this company is its relatively small size (RM40 million) - Again, we shouldn't confuse ourselves by assuming small as being cheap. Small is a size, while cheap is a value. At this size, it has a lot of room to grow bigger (provided they have proper strategy in place). Of course, it also has the potential to go down the drain, if funds or existing operations are mismanaged. On the positive side, just a handful of profitable, reasonably-sized GDV projects will be sufficient to propel the value of the company upwards, and increase its size from RM40million to RM80 million and beyond, if it's properly managed.

2) New management. We all know by now that the new team since 2007 are from Sima Group. These individuals seem to have had respectable working experience from big-4 accounting firm. Every year in their annual report since taking over in 2007, the chairman would reassure that "We have put in place several necessary measures that will enable us to capitalize on the new and diversified revenue streams for future growth." and it indicates that property development is going to be their diversified revenue generator in the future. (Anyway, this is a major pulling factor for me to get my feet wet in this company. If it wasn't for this change in direction, I would also just dismissed this stock like the rest of the hundreds of useless stocks listed in on the exchange).

3) Net cash position (as pointed out by Johnmaster) and positive cashflows from operating activities.


Dislikes
1) I'm generally a fundamentalist, so not being able to see consistent growth in earnings to calculate historical profit growth makes me nervous about putting money on this company. Reduction in losses counts as nothing to me. Only positive earnings matter. However, the reason why I feel comfortable paying RM0.10 for this stock is because the price paid is close to its NTA of RM0.10, which means I'm not over-paying based on its current NTA. In other words, I'm getting RM40million worth of assets (after deducting creditors and borrowings) for my RM40million that I paid. No gain, no loss. In comparing the risks and returns, the odds of the company doing better seems to be higher than the odds of it becoming worse. [See the word "odds"?, that's why it's in my speculative portfolio and not my long-term portfolio]

2) Having Sima Group as a related party (Sima and GSB share the same management team, but not under the same legal structure. Sima is not a direct parent company of GSB, nor a subsidiary of GSB) makes me nervous about conflict of interest - whether the same management will decide to let GSB have the lousy projects, while keeping the profitable ones to Sima, like what some of us here had pointed out earlier. This is because the family retains 100% in Sima but only 50%++ in GSB. Logic tells me that anything beneficial should benefit my family first, rather than outsiders. Unless Sima Group becomes a subsidiary of GSB, I'll be worried of the above conflict of interest.

3) New accounting standards that changes the timing of the recognition of revenues and profits generated from property development activities.
(Last time, revenue and profits were recognised according to percentage of completion. Now it is only recognised at the end of the project, when keys are handed over to the buyer).
This has the potential to create volatile earnings if we make a year-on-year comparison. Let's take an example, a project is 100% taken up upon launching before construction starts. And construction progress is 30%, 30%, and 40% in 3 years time. We get smooth earnings over the 3 years whereas now, we'll be seeing something like 0%, 0% then 100%. It's going to be very tricky if we are to use PE ratio to assign a value to property developers in the future, including GSB. And so asset-based valuation (RNAV) will become even more relevant to be used as a basis in estimating its value.


Other neutral points
1) Selling of hotel - Some viewed it as a bad thing (cash-strapped therefore need to sell), some view it as a good thing (good timing to dispose a property during the upswing in property cycle). I'm mixed about this and share both perspective. As long as hospitality is not their core business, I'm neutral on whether they sell or keep it. If hospitality is their core business and they are selling hotels, I'll be selling away this stock.

2) Increase in creditors - The increase in creditors is in line with their acquisition of Banda Industry and not due to sudden inability to pay their operations, so I'm not overly concerned. The increase in creditors is also accompanied by an increase in assets at the same time due to new assets consolidated from Banda Industry. Nothing much to talk about this.

3) Loss-making divisions - Cassette division has been disposed off, so hopefully the bleeding wounds from the old SM Summit days are over. We'll need to assess their optical (CD/DVD) segments for any signs of weaknesses in the coming quarters and see if its true that this segment is getting profitable as claimed by management. As long as there is positive cashflow and/or positive contribution (not net profit) from this optical segment, the decision will be to keep it running.

4) Is GSB sustainable at the current price level of RM0.10? In my opinion, the price of RM0.10 per share is currently supported by its net assets of RM0.10 per share. Its ability to go up in value will depend largely on their future projects that they can garner for themselves. Based on the current situation, it'll be part of my speculative portfolio rather than my long-term, low-risk portfolio.

5) Injection of Kelana Parklane - Johnmaster is quite upbeat of the prospect but personally I do not share the same enthusiasm, mainly because the project isn't new, so it might have been fully sold. If a project is fully/almost fully sold and is close to completion, it means there is not much revenue or profit left to be recognised, even if they did transfer the project into GSB. (I may be wrong, just a hunch)


These are just my opinion, and might be totally wrong.

Yes, I like your discussion and argument.
Well done.
 :thumbsup: :handshake:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: tajudinhelmikari on July 29, 2011, 08:56:16 PM

It hurts you that I am not taking your and JM's side.
No one is right or wrong here.
So take this discussion in good faith.
Be rational, the stock doesn't even know who owns it.  :)
Above all, be less emotional.  ;)
So what if you have losses in this stock now.
JM asks you to hold long term.
Yes, and it is also possible too.
The company may miraculously deliver in its earnings, ..
.. and bravo, the price of GSB shoots upwards.

Don't despair.  :handshake:



I am not losing in GSB :D :D
I am up  just over 6% :D :D
You are not giving constructive criticise :thumbsdown: :thumbsdown:
You are just putting down GSB just because you may have ... with johnmaster and that you should pm to him everyday until he gets crazy and for which he will have 2 choices one of which is to go to a place they have lots and lots of rambutan and the other one will make him commit suicide just to please you who has no emotion at all.
So please don't be emotion and just be like an inanimate object and in which case you should not be here.
Don't you know humans are full of contradictions???
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Guesst on July 29, 2011, 08:59:22 PM

John, what are you going to do with bb? Please don't complain to Admin ok? He/she losing badly in market ok.


                (http://media.bigoo.ws/content/gif/funny/funny_179.gif)





Predator - you are really a funny guy!!!  :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: A toast to you!! :beer: :beer: :beer:    Why don't you make fun of raider and iinvestsmart as well????
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: tajudinhelmikari on July 29, 2011, 09:07:30 PM
I am always truthful in my postings.

Truth is nothing but the delusion which you believe and when it becomes the truth as being experienced by  yourself alone and this case you need to be sent to a mental institution where they may pass electrical shock into your brain :D :D :P :P :phew:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Guesst on July 29, 2011, 09:18:29 PM
Truth is nothing but the delusion which you believe and when it becomes the truth as being experienced by  yourself alone and this case you need to be sent to a mental institution where they may pass electrical shock into your brain :D :D :P :P :phew:

 :thumbsup: :thumbsup: :thumbsup: :thumbsup: :thumbsup:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: iiinvestsmart on July 29, 2011, 09:21:19 PM
Truth is nothing but the delusion which you believe and when it becomes the truth as being experienced by  yourself alone and this case you need to be sent to a mental institution where they may pass electrical shock into your brain :D :D :P :P :phew:

Why make a simple thing so complicated?
Keep things simple.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: tajudinhelmikari on July 29, 2011, 09:32:09 PM
Why make a simple thing so complicated?
Keep things simple.


So why don't you start a counter so that others may benefit from your effort????? :P :D 8) :clap: :thumbsup: :handshake:
Is that simple enough????? 8) :D :P

Just start a counter and give a call :D :D
Invest at own's risks,
Keep it simple with or without emotions :P :D 8) :clap: :thumbsup: :handshake: :D :D
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: iiinvestsmart on July 29, 2011, 09:38:03 PM
So why don't you start a counter so that others may benefit from your effort????? :P :D 8) :clap: :thumbsup: :handshake:
Is that simple enough????? 8) :D :P

Just start a counter and give a call :D :D
Invest at own's risks,
Keep it simple with or without emotions :P :D 8) :clap: :thumbsup: :handshake: :D :D

What a delightful post.   :thumbsup: :)
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: tajudinhelmikari on July 29, 2011, 09:44:21 PM
What a delightful post.   :thumbsup: :)

Finally you show a delightful emotion :D :D :clap: :clap: :thumbsup: :thumbsup: :handshake: :handshake:

Waiting for you call and start promoting just one counter :D :D :clap: :clap: :handshake: :handshake: :party: :dancing:

I will give you the benefit of doubt and support you :inlove: :handshake: :D :D
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 30, 2011, 08:05:57 AM
Well, that is a long posting... I can see the overall post is negative, that is why iinvestsmart so happy about this post. I respect your point of view but I want to explain my point of view also. It will give the reader something to think about with opposing views.

One of the main concern highlighted here is the involvement of SIMA GROUP in GSB and related party transactions.  

Lets be practical and think like you are in the real business world. Let me ask you, if there is no SIMA GROUP.. do you think there will be a GSB today ? will GSB be able to even do even a single property project and get sales from the property projects ? ( SMSUMMIT was just a cassette and cd duplicator with no property development experience ). Without the SIMA GROUP, GSB will be just like iiinvestsmart or stockraider go and open up a property development company tomorrow and start building houses for sales, who will buy those houses with no track records and from a different business background and how are they going to win JV projects with no track records ?

About releated party transaction between SIMA GROUP and GSB, there is nothing to worry about.. in fact it is better this way, you know why ? because everything will be reported in the Annual Report. All the investors can see the transactions between the two parties.. how to cheat ? Most cheating that took place in public listed companies, they dont happen between related parties.. it always happens undetected between non-related parties because non-related parties transaction dont appear on annual reports. No sane con-man will openly cheat via related party transactions because they will be caught easily. So the conclusion, there is nothing to worry about when comes to related party transaction between SIMA GROUP and GSB because everything is reported in Annual Report. In fact it is an advantage to GSB, not disadvantage because we know exactly what happens since it is reported.

Until today, I have not seen a single transaction that is to GSB disavantage.. lets look at 2 major transactions.

1. Serta Usaha Sdn Bhd sold to GSB by SIMA GROUP for RM10 million.. and what do we get ?
- A hotel now sold for RM22 million,
- 3 piece of land in Kedah
- 1 piece of land in Bentong.

2. Banda Industires Sdn Bhd sold to GSB by SIMA GROUP for RM5 million... and what do we get ?
- Taman Bentong Makmur, still have balance 34 acres... this is an on-going project.. phase 11 to phase 16 ( currently phase 11, courtyard villa )
- Riverville, a high end property project ( 20 acres  )
- JV project with Restu Angkasa Sdn Bhd ( 52 acres )

if SIMA GROUP is not involved.. do you think you can have item 1 and item 2 inside GSB at total of only RM15 million ? How can anyone say the related party transaction between GSB and SIMA GROUP is bad. It SIMA GROUP want to cheat GSB, do you think they will sell both companies to GSB that cheap? surely they will put a higher price tag.

SIMA GROUP has no intention to cheat GSB... SIMA GROUP is well known for their sincerity, proven over the past 40 years. This is the safest company that we can trust our money with. With SIMA GROUP we are also safe because it has enough capabilities and experience to handle any kind of property projects and complete them on time and of very high quality and ensure high take up rate. Not everyone can be a good property developer, alot of people tried and failed. Dont believe, you try to open a property development company tomorrow and see what happen to you in 4 years time ( alot of people tried and failed ). SIMA GROUP has been proven for the past 40 years, I dare to confidently say, we are safe with GSB, not just safe but we are on route to become one of the major property player in the country.

It is not just SIMA GROUP has related party with GSB, there are many other public listed companies with similar arrangement.

Fundamentals

Alot of basic fundamentalist look at NTA, what is NTA ? Some people likes company with big NTA vs share price margin. for example, NTA=RM2 and share price is only 50sen. At first glance people will say wow!!! a huge discount over NTA, immediately make comclusion that the company is very worth to invest, thinking I am paying 30sen for RM 2 asset. Great investment issnt it ? Unfortunately in reality, this is not always the case, things are not as simple as that. There are alot more other things that we need to look at. We have seen many companies with huge NTA close shop. For example. LCL, KENMARK, FOUTAIN VIEW, TRANSMILE, COMSA and all those invested in these huge NTA / share price margin end up losing every single sen of thier investment dispite massive NTA. How can that happen ? because things are not as simple as big NTA alone.

For a healthy company with big NTA, normally share price is already factored in in normal times... you only get good value during major economic crisis where any counters will fall regardless of their fundamentals.

Big NTA is only good when comes to liquidation or M&A. If you see a company that has no liquidation plans or M&A, then big NTA can be a curse because the big NTA can be made of toxic assets, fraud figures or weak management team who does not know how to make use of their money to further expand their business or they are already at the peak of their growth or any further growth will be un-manageable. There is no point investing in these type of company because chances if making money from your investment is either very low or very little.

When a company no longer grow... you can only hope for it to close down and hope you will get a big piece of cake. Unfortunately in reality, these company are ussually plundered dry before closing down. Or some just continue to operate without further growth while giving you tiny dividends every year while the management feast themselves with all the money in the company. At the end you will see your investment becomes smaller and smaller.

For company like GSB, it is still at its infant stage, it is still growing at a massive rate. Company is still small and their directors can even afford to visit every single project sites anytime they wanted to, making decision right on the spot. That is how they can grow that fast, comapny at its infant stage like GSB, NTA is the least you need to worry about. As the company grow, NTA will grow together with it. Just look at the number of projects they have in hands now, all those projects will be translated into profits, when profits comes in, NTA will also grow. GSB for the past few years has been growing at very very impressive rate... 2 - 3 digit growth every single year.

NET CASH

Net cash position is nothing to shout about, it is just a cushion to avoid being branded as PN1 by the banks. When a company is being branded as PN1... hell will break lose, they will have alot of difficulties to operate. With current GSB financial condition, we can say we are very safe with GSB because it has cash on hand 6 times larger than bank borrowings. At the same time we also dont want them to keep cash and do nothing. Just look at LCTH.. they have RM100million cash and zero bank borrowings, they just sit there and do nothing. As for GSB, they get RM16 million cash on bank balance, immediately they buy new lands in Klang to generate more money... ( even after purchase of land in Klang, GSB still have cash on hand more than 3 times larger than bank borrowings, still very safe ) That is what we want to see in any company we invested in. There is no point keeping money in the banks and do nothing with it. The management is actively growing the company.. not sit there and watch FD rates fluctuate.

Some people says, keep the money in the FD and wait for oppurtunities... oppurtunities are available everyday, it is whether you look hard enough to sieze the oppurtunity or not.

Management Team and Workforce Quality

This is the most important thing about any company, a good company can be run to the ground if you have bad management while a garbage company can be turned into gold with good management team. GSB has been proven to have a very good management team. When they took over SMSUMMIT, basically SMSUMMIT has nothing to offer except a dying and loss making business. They have not even raise a single sen from investors since took over ( even afer 4 years ) and yet they are able to turn around a dying company like SMSUMMIT, registers a non-stop growth for the past few years and finally turns profitable. At the same time, Cash position improved to 6 times larger than bank borrowings. A super management capabilities is proven :) 

Not just performance alone, the management team must also be sincere and committed to the company... true enough I discovered that this management team actually go and reduce their own pay for the sake of the company, another very rare display of commitment. 

Just look at the key management fees and benefits figures below taken from the annual reports...

Annual Report 2007, RM637,300
Annual Report 2008, RM473,004 - Management from SIMA GROUP took over
Annual Report 2009, RM448,118
Annual Report 2010, RM282,300 <-- massive reduction

Another proof of their trustwortiness is proven by the facts that Landowners are willing to handover their lands worth tens of hundreds of millions to SIMA GROUP people, not just in the past but also in the present time. Even when GSB is only a 10sen counter in KLSE, prime land owner in Kelana Jaya still hand over their land worth tens of millions to GSB for JV project development... why ? Will you dare to do such thing ? The reason is simple... people simply trust the SIMA GROUP. Trust is not created out of thin air, trust is something built out of real experience, track records... SIMA GROUP has been building that for the past 40 years and that is why people trust them because they have proven themself. Not just by words but by everything they do, how they deal with all their customers and supliers to even the properties they built.... QUALITY and ON-TIME !!!

Just look at this progress picture, how careful they are on the floors when they were doing their work. Look at the paint work, smooth as silk, most likely high quality paint.

(http://i1105.photobucket.com/albums/h342/johnmaster1111/lau_roof.jpg?t=1311981582)


Kelana Parklane

Although I mantioned it many times, this is just a speculation and hope. GSB is not about Kelana Parklane alone. GSB are able to create its own Kelana Parklane if they wanted to because they have the same capability. The reason why I speculate on it is because of the inaction inside GSB at the moment since both their projects are completing and Kelana Parklane is the only active project within the SIMA GROUP at the moment. If they dont inject Kelana Parklane into GSB, also no big deal because GSB have plenty of projects lining up on their own... from our evidence ( 5 projects are lining up for GSB, all of them are much larger than the 2 that are completing now ). However, if Kelana Parklane is injected into GSB, GSB will get an instant boost. if not GSB will take a longer time but GSB will still become a big player in the future with SIMA GROUP as their back-bone.

Summary

Yes I agree, different people have different ways to look at a company.

For me, SIMA GROUP has been proven for the past 40 years, respected back then, still respected today. The only problem with them is that SIMA GROUP was just a private company, that is the limit of thier growth. Now that new guards are slowly taking over, SIMA GROUP founder daughter Andrea is from the finance background ( more exposed to the financial world and capital markets ) and she has been with SIMA GROUP from very young, even during her school days ( unlike most children hang out at shopping malls ), she probably has picked up the inside out of a property development business from her father. That is probably the reason for them to take over SMSUMMIT and listed now via GSB to tap into the capital market for future growth. Future is certainly very bright for GSB.

Please read this article, you will know where SIMA GROUP is taking GSB

Sima Group banks on ‘sincerity’ to grow  

http://www.theedgemalaysia.com/property/175417-city-a-country-sima-group-banks-on-sincerity-to-grow.html

Although in that article GSB is not mentioned, but you know it is GSB because most of the thing they talk about inside that article is about GSB. I believe when they wrote that article, they still want to keep GSB as low profile as possible for insiders to collect as much as possible... unfortunately I accidently bump into GSB, thank God for that :) those who bought and still holding on to it an expect to make big money out of this company.



<snip>

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 30, 2011, 08:24:46 AM

When I start to promote GSB heavily, I am sure the insiders who were collecting peacefully at 5 sen got panic when they discover me grabbing GSB shares like nobody business... they also worry cannot grab enough GSB shares fast enough, that is probably the reason for GSB shares to hit 15sen in such a short period of time from 5sen, everyone was trying to grab a piece of GSB. Then... they were very lucky to have our 3 forum stooges ( stockraider, bb (iinvestsmart ), leno ( predator ) ) managed to create a panic selling, causing GSB to crash when many forumers from this forum dump GSB at the same time and insiders took advantage of it and they can now continue with their peaceful collection again at around 10sen.

Soon they will be shaken again once more people starts to pick up GSB shares again... everyone will be racing to pick up GSB shares before the next growth phase. GSB also cannot hold on to their development for too long waiting for insiders to collect. By looking at the latest 2 business deals in the past 2 month, I believe it wont be long now before GSB starts their next phase of growth... it will be much bigger than before by looking at the size of projects that are lining up if compared to the past 2 projects.

So my call is, grab GSB now since it is still this cheap at 10sen before insiders starts to grab the shares aggresively or before GSB starts their next phase of growth projects.


Please read this article, you will know where SIMA GROUP is taking GSB

Sima Group banks on ‘sincerity’ to grow  

http://www.theedgemalaysia.com/property/175417-city-a-country-sima-group-banks-on-sincerity-to-grow.html

Although in that article GSB is not mentioned, but you know it is GSB because most of the thing they talk about inside that article is about GSB. I believe when they wrote that article, they still want to keep GSB as low profile as possible for insiders to collect as much as possible... unfortunately I accidently bump into GSB, thank God for that :) those who bought and still holding on to it an expect to make big money out of this company.


Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 30, 2011, 08:31:16 AM
Let me le u all know again, GSB is not any ordinary 10sen counter, this is a real business with a real business competative edge over its competitor. It is fast growing, solid financial position and a very very capable and committed management team. 10sen is a case of a mistaken indentity... it should not be 10sen at all...it should be much much higher than just 10sen.

Just look around you, look at all the penny stocks around you, most of them have some sort of serious troubles none of them can display anything close to GSB, strong growth, strong financial positon, very capable and committed management team, great products and a solid competative edge that proven for the past 40 years... and a super brand SIMA GROUP
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: artbox on July 30, 2011, 11:13:59 AM
GSB YES YOU CAN... JUST LIKE OBAMA AND YES YOU CAN AGAIN AND AGAIN.......

ONLY PEOPLE WITH BIRD BRAINS MOCKING THE GSB...
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 30, 2011, 11:16:30 AM
People failed to see, GSB is not any ordinary 10sen penny stock. Just take a look at all the penny stock, where got any penny stock as solid as GSB. people have to take out at least second liners and blue chips in order to compare with GSB... imagine, there are even people taking out PARAMON to compare with GSB.. a RM5 company to compare with at 10sen company.. even that also there is no clear winner.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 30, 2011, 11:17:51 AM
I dont see why GSB cannot cross 20sen. Of cos in the longer term... it will be much much higher. But for most people 20sen is good enough for you to be very happy. I am going to land myself a fortune on GSB for longer term holdings.

People failed to see, GSB is not any ordinary 10sen penny stock. Just take a look at all the penny stock, where got any penny stock as solid as GSB. people have to take out at least second liners and blue chips in order to compare with GSB... imagine, there are even people taking out PARAMON to compare with GSB.. a RM5 company to compare with at 10sen company.. even that also there is no clear winner.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: artbox on July 30, 2011, 11:19:54 AM
People failed to see, GSB is not any ordinary 10sen penny stock. Just take a look at all the penny stock, where got any penny stock as solid as GSB. people have to take out at least second liners and blue chips in order to compare with GSB... imagine, there are even people taking out PARAMON to compare with GSB.. a RM5 company to compare with at 10sen company.. even that also there is no clear winner.
YES I AGREE... ONLY MOCKING BIRDS WITH BIRD BRAINS CANT SEE THE BIGGER PICTURES.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 31, 2011, 03:49:39 AM
YES I AGREE... ONLY MOCKING BIRDS WITH BIRD BRAINS CANT SEE THE BIGGER PICTURES.


I believe they know about the prospects of GSB, just ego too big to admit. Besides they are still trying very hard to make people sell to them at lower price.

For us who are still holding on to GSB shares, things starting to get very interesting.

Previously GSB only have 2 small property projects - completing anytime now
1. Laman Ara Utama in Bandar Utama ( Jun 2009 )
2. Courtyard Villa - Phase 11 of Taman Bentong Makmur ( Oct 2009 )

and that 2 small project is already enough to turn GSB into a profitable company.

Coming soon... 5 much-much larger projects... take a good look at the following projects
1. Taman Bentong Makmur ( Phase 12 to Phase 16 )
2. Riverville Bentong ( 120 DSL, 64 SD, 16 B ) - 20 acres
3. JV Project with Restu Angkasa Sdn Bhd - Bukit Utama Bentong ( 233 DSL, 34 SD, 80 B ) - 52 acres

4. JV Proiect with Project Start Sdn Bhd - Kelana Jaya Prime Land ( pending announcement ) - 1 acre
5. Klang ( pending announcement ) - 6 acres

Project 4 and 5 are new projects that are just added into their existing projects database in this financial year, not even half way into the this financial year. We can surely expect more projects to come from them in the future.

With these 5 much larger projects in the pipeline, you can clearly see that GSB will be growing very fast. Not just 5 projects, we are talking about 5 projects that can be completed on-time, highest quailty and with high take-up rate ( the SIMA GROUP 40 years of proven track record )

... And did you know that, they have all those projects without even raising a single sen from KLSE ?

GSB is not listed via the normal IPO, means they have not received a single sen IPO money. GSB is listed via the backdoor listing, during the backdoor listing, they also did not raise a single sen. As we all know, they are taking over a dying company SMSUMMIT ( with cassete tape and cd duplicating business ). Obviously you can see, there is nothing much SMSUMMIT can offer to them except troubles. An excellent management skills which are able to turn around that company, registering non-stop strong growth year after year until it turns profitable last financial year and they achive that without asking for a single sen from shareholders.

Not only that they have not ask for money from shareholders, the management team sacrifice their own pocket for the sake of the company. Just look at this figures from the annual reports ( key management fees and benefits )... apart from capabilties they have also shown their level of commitment to the company. Just how many people out there are willing to do a pay cut for the sake of their company ?

Annual Report 2007, RM637,300
Annual Report 2008, RM473,004 - Management from SIMA GROUP took over
Annual Report 2009, RM448,118
Annual Report 2010, RM282,300

All listed companies in KLSE raise funds from KLSE to fuel their growth. GSB is probably the only listed company that are growing without raising a single sen from the investors. Can you imagine what GSB is capable of, if they were to raise more money from KLSE to fuel their growth ? To me, it will be super massive!!!

... and you know what? GSB is only 10sen !!!   WTF.. a 10sen counter with so much potential, people still want to make so much noise. If I were them, I stop wasting my time creating non-existance fears and start buying up GSB shares. This kind of oppurtunity is not to be missed.

Previously GSB should have RM16 million cash on hand vs RM2.455 million borrowings, since that they bought Klang land for RM8 million, if they were to pay by cash, then RM16 million will be reduced to RM8 milion cash vs RM2.455 million bank borrowings. Which is still very comfortable because cash is still more than 3 times bigger than bank borrowings. This company not just has plenty of potential it also have a very solid financial position vs bank borrowings.

Note:
5. Klang. The Land is strategically located within the matured and established residential schemes of Klang namely Taman Chi Liung, Taman Bayu Emas and Taman Bayu Perdana.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 31, 2011, 03:57:47 AM

Previously GSB should have RM16 million cash on hand vs RM2.455 million borrowings, since that they bought Klang land for RM8 million, if they were to pay by cash, then RM16 million will be reduced to RM8 milion cash vs RM2.455 million bank borrowings. Which is still very comfortable because cash is still more than 3 times bigger than bank borrowings. This company not just has plenty of potential it also have a very solid financial position vs bank borrowings.


That is not alot of money but the point is that, with that kind if financial position  we dont have to worry about GSB ever fall into the PN1, impossible for GSB to get into PN1. As we all know, once a company fall into the PN1, hell will break loose and it will be very hard for any company to operate because customers and suppliers will also start to give them trouble. GSB is exceptional for a 10sen counter.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on July 31, 2011, 09:25:30 PM
for those who are new and curious what GSB is all about, please read the first few message in this topic to know more about GSB.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 08:53:50 AM
Early this morning at least got one person gets the message already, I know he dont have much confidence yet but very smart move athough buyingjust 100 lots, which will only cost him RM1100 at 10.5sen..  all he need to do, just keep that RM1100 aside ( just like FD ), in few month time he can cash out above RM2200 when it hit above 20sen. If he keep longer, the value will increase even more because when GSB hit above 20sen, alot of bigger investors will start to wonder what is going on with GSB.. if they discover like what I have discovered, you can imagine what will happen GSB... it will go even further and further upwards.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 09:04:23 AM
I know some individuals tries to associate GSB with ESCERAM inside ESCERAM topic, I can tell you two company are not related, different management team, different owners, business are not related and business strategies are also totally different. ESCERAM and GSB is not related to each other in anyway, not even a slight chance of supplier-customer relationship .

I dont know why they mentioned GSB inside ESCERAM topic ... maybe because GSB has become a role model :), GSB as a leader in penny stock transformation into a leading KLSE player of the future.

GSB is a company with transformation that has already taken place and it has been growing very strongly and I can say it has now fully transformed, growing non-stop for the past few years and it is now profitable and currently seems to be cosolidating phase since no new projects has been launched yet, BUT plenty of bigger projects in the pipeline...

You can expect the next big growth phase for GSB soon!!!  
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 09:13:58 AM
PAST property projects, 2 small property projects
1. Laman Ara Utama in Bandar Utama ( Jun 2009 ) - Completed
2. Courtyard Villa - Phase 11 of Taman Bentong Makmur ( Oct 2009 ) - No info, should be completing anytime now.

FUTURE property projects, 5 much-much larger projects
1. Taman Bentong Makmur ( Phase 12, Phase 13, Phase 14, Phase 15 and Phase 16 )
2. Riverville Bentong ( 120 DSL, 64 SD, 16 B ) - 20 acres
3. JV Project with Restu Angkasa Sdn Bhd - Bukit Utama Bentong ( 233 DSL, 34 SD, 80 B ) - 52 acres

4. JV Proiect with Project Start Sdn Bhd - Kelana Jaya Prime Land ( pending announcement ) - 1 acre
5. Klang ( pending announcement ) - 6 acres

Note:
From Jun 2009 to Oct 2009, GSB only launched 2 small projects. GSB has no other significant profitable business apart from that two projects. They are able to turn around GSB from a loss making company into a profit makcing comany with just 2 small projects mentioned above. Can you imagine how GSB will perform in the near future with 5 bigger projects in the pipeline, by just looking at them, each of the 5 projects is easily bigger than both past project combined.


I know some individuals tries to associate GSB with ESCERAM inside ESCERAM topic, I can tell you two company are not related, different management team, different owners, business are not related and business strategies are also totally different. ESCERAM and GSB is not related to each other in anyway, not even a slight chance of supplier-customer relationship .

I dont know why they mentioned GSB inside ESCERAM topic ... maybe because GSB has become a role model :), GSB as a leader in penny stock transformation into a leading KLSE player of the future.

GSB is a company with transformation that has already taken place and it has been growing very strongly and I can say it has now fully transformed, growing non-stop for the past few years and it is now profitable and currently seems to be cosolidating phase since no new projects has been launched yet, BUT plenty of bigger projects in the pipeline...

You can expect the next big growth phase for GSB soon!!!  
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: tips2earn on August 01, 2011, 09:18:09 AM
Early this morning at least got one person gets the message already, I know he dont have much confidence yet but very smart move athough buyingjust 100 lots, which will only cost him RM1100 at 10.5sen..  all he need to do, just keep that RM1100 aside ( just like FD ), in few month time he can cash out above RM2200 when it hit above 20sen. If he keep longer, the value will increase even more because when GSB hit above 20sen, alot of bigger investors will start to wonder what is going on with GSB.. if they discover like what I have discovered, you can imagine what will happen GSB... it will go even further and further upwards.
Are yourself the "Person" you mention buying 100lots..   lol...  just kidding... jangan marah ya...
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 09:21:15 AM
Damm!!! I scare Datuk Trio wil try to drag GSB into ESCERAM. Please ignore whatever is mentioned about GSB inside ESCERAM because they know I am trying to avoid posting message in ESCERAM topic, to avoid creating troubles with NG KT. So, please ignore whatever lies they spread inside ESCERAM topic.

Just use the summary below as your guide of what will be coming in the near future.

PAST property projects, 2 small property projects
1. Laman Ara Utama in Bandar Utama ( Jun 2009 ) - Completed
2. Courtyard Villa - Phase 11 of Taman Bentong Makmur ( Oct 2009 ) - No info, should be completing anytime now.

FUTURE property projects, 5 much-much larger projects
1. Taman Bentong Makmur ( Phase 12, Phase 13, Phase 14, Phase 15 and Phase 16 )
2. Riverville Bentong ( 120 DSL, 64 SD, 16 B ) - 20 acres
3. JV Project with Restu Angkasa Sdn Bhd - Bukit Utama Bentong ( 233 DSL, 34 SD, 80 B ) - 52 acres

4. JV Proiect with Project Start Sdn Bhd - Kelana Jaya Prime Land ( pending announcement ) - 1 acre
5. Klang ( pending announcement ) - 6 acres

6. more to come... because not even half way through the financial year.. they already secured to new projects 4. and 5. into GSB.

Note:
From Jun 2009 to Oct 2009, GSB only launched 2 small projects. GSB has no other significant profitable business apart from that two projects. They are able to turn around GSB from a loss making company into a profit making company with just 2 small projects mentioned above. Can you imagine how GSB will perform in the near future with 5 bigger projects in the pipeline, by just looking at them, each of the 5 projects is easily bigger than both past project combined.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 09:26:07 AM
Repost some typo errors...

---

Damm!!! I scare Datuk Trio wil try to drag GSB into ESCERAM. Please ignore whatever is mentioned about GSB inside ESCERAM because they know I am trying to avoid posting message in ESCERAM topic, to avoid creating troubles with NG KT. So, please ignore whatever lies they spread inside ESCERAM topic.

Just use the summary below as your guide of what will be coming in the near future.

PAST property projects, 2 small property projects
1. Laman Ara Utama in Bandar Utama ( Jun 2009 ) - Completed
2. Courtyard Villa - Phase 11 of Taman Bentong Makmur ( Oct 2009 ) - No info, should be completing anytime now.

FUTURE property projects, 5 much-much larger projects
1. Taman Bentong Makmur ( Phase 12, Phase 13, Phase 14, Phase 15 and Phase 16 )
2. Riverville Bentong ( 120 DSL, 64 SD, 16 B ) - 20 acres
3. JV Project with Restu Angkasa Sdn Bhd - Bukit Utama Bentong ( 233 DSL, 34 SD, 80 B ) - 52 acres

4. JV Proiect with Project Start Sdn Bhd - Kelana Jaya Prime Land ( pending announcement ) - 1 acre
5. Klang ( pending announcement ) - 6 acres

6. more to come... because not even half way through the financial year.. they already secured two new projects, project 4. and 5. into GSB.

Note:
From Jun 2009 to Oct 2009, GSB only launched 2 small projects. GSB has no other significant profitable business apart from that two projects. They are able to turn around GSB from a loss making company into a profit making company with just 2 small projects mentioned above. By just looking at projects in the pipeline, each of the 5 projects is easily bigger than both 2 past project combined, can you imagine how GSB will perform in the near future with the 5 bigger projects in the pipeline with very high possibilities that they will secure more projects futher down the road.

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 09:27:06 AM
Are yourself the "Person" you mention buying 100lots..   lol...  just kidding... jangan marah ya...

Nope... I have enough exposure already.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: escap on August 01, 2011, 10:59:12 AM
Are yourself the "Person" you mention buying 100lots..   lol...  just kidding... jangan marah ya...

Hehe....haiyoh....do u think if it's JM it will be just 100 lots? JM is much too humble to reply like that, so I reply for him....if it's JM 100 lots is just sap sap suei, so definitely now him :p
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 12:36:22 PM
Looks like Predator and his gang member has given up on attacking GSB because they know they cannot find anymore negative in GSB. Soon there will be no more conned sellers... :) hopefully GSB will be moving upwards soon.. as sellers become less and less. This is the best time to buy GSB when it is yet small, still plenty of room to grow.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on August 01, 2011, 12:39:46 PM
Looks like Predator and his gang member has given up on attacking GSB because they know they cannot find anymore negative in GSB. Soon there will be no more conned sellers... :) hopefully GSB will be moving upwards soon.. as sellers become less and less. This is the best time to buy GSB when it is yet small, still plenty of room to grow.

Pls don quote us as your marketing material loh...! We don attack not bcos we cannot find any negative news on GSB, it just that we agree to disagree mah....!
Don start the war loh...!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 12:42:18 PM
Pls don quote us as your marketing material loh...! We don attack not bcos we cannot find any negative news on GSB, it just that we agree to disagree mah....!
Don start the war loh...!

Just accept the facts lah, GSB is the best investment you can find in KLSE at the moment. Strangely nobody wants to sieze the oppurtunity.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: artbox on August 01, 2011, 12:43:05 PM
GSB MORE AND MORE PEOPLE ARE BUYING...... WHY WHY????

THIS COUNTER IS TOO GOOD TO BUY....
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: demonlsy on August 01, 2011, 12:44:26 PM
Just accept the facts lah, GSB is the best investment you can find in KLSE at the moment. Strangely nobody wants to sieze the oppurtunity.

i disagree haha. your GSB being stagnant for 2 months already.
I cincai invest one counter also earn liao.
example MBSB. from my perspective i think at current time GSB doesn't have strong fundamental enough yet. like you said before is for FUTURE growth.

but there are many counter has strong fundamental and currently undervalue liao one geh
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 12:44:56 PM
Just accept the facts lah, GSB is the best investment you can find in KLSE at the moment. Strangely nobody wants to sieze the oppurtunity.

Oppurtunity is right there waiting, evidence are clear as crystal that they have enough projects in the pipeline to fuel their growth at a massive rate. People are just not taking it up, now I know why not many people actually makes big money from KLSE.. such a good oppurtunity right infront of their eyes also dont want. Maybe they want to wait until GSB cross 20sen only they chase.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on August 01, 2011, 12:45:32 PM
Just accept the facts lah, GSB is the best investment you can find in KLSE at the moment. Strangely nobody wants to sieze the oppurtunity.

Raider find GSB got the same risk like ESC....the same risk face by ESC will also hit GSB loh....!
Veri risky loh...! So becareful loh...! GSB management....from the way they do....will capable to fiddle with books much better than ESC loh....!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: artbox on August 01, 2011, 12:45:53 PM

GSB Solid business? Wakakakakakak!! Ya right! selling of hotel to generate cash flow. The hotel profit will be eaten by the ongiong expenses. John a con man!


(http://www.planetaz.biz/images/12651668972241348757957.jpeg) 



HAVE YOU EVER HEARD OF THE MORE YOU GIVE, THE MORE YOU GET!!!??
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 12:47:14 PM
sh|t.... I make a big mistake, I just stirred the hornets nest... they are out again :(  ******.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: demonlsy on August 01, 2011, 12:47:25 PM
Oppurtunity is right there waiting, evidence are clear as crystal that they have enough projects in the pipeline to fuel their growth at a massive rate. People are just not taking it up, now I know why not many people actually makes big money from KLSE.. such a good oppurtunity right infront of their eyes also dont want. Maybe they want to wait until GSB cross 20sen only they chase.

yes, you have future project, but there is also risk also because it is not confirm 100% earning from the project. there are many more stable counter and much better fundamental counter than this. i think many others make big money in KLSE without GSB, and many of still earn well without GSB. if they were to invest in GSB for these 2 months i think they will not make any money.

but at least for other counter it goes up one
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: demonlsy on August 01, 2011, 12:48:48 PM
Raider find GSB got the same risk like ESC....the same risk face by ESC will also hit GSB loh....!
Veri risky loh...! So becareful loh...! GSB management....from the way they do....will capable to fiddle with books much better than ESC loh....!

I would not say GSB s like es SERAM haha. but what JM claimed about the BEST counter seriously has not much of good justification at all
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on August 01, 2011, 12:48:53 PM
Oppurtunity is right there waiting, evidence are clear as crystal that they have enough projects in the pipeline to fuel their growth at a massive rate. People are just not taking it up, now I know why not many people actually makes big money from KLSE.. such a good oppurtunity right infront of their eyes also dont want. Maybe they want to wait until GSB cross 20sen only they chase.

GSB is a conman worse than ESC loh...! At least ESC they admitted & Clean up...!
For GSB....they are still conning loh...! Just becareful loh....!
Potential for write down & heavy borrowing loh...!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 12:50:07 PM
Raider find GSB got the same risk like ESC....the same risk face by ESC will also hit GSB loh....!
Veri risky loh...! So becareful loh...! GSB management....from the way they do....will capable to fiddle with books much better than ESC loh....!

Hey Stockraider, is it true that you are losing money on ESC, I saw someone write about you buying ESC... anyway stockraider, please remember your kharma is now right at the bottom.

ESC and GSB totally different scenario.. GSB has already transformed into a profitable company which has growth every single year.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on August 01, 2011, 12:50:54 PM
GSB is a conman worse than ESC loh...! At least ESC they admitted & Clean up...!
For GSB....they are still conning loh...! Just becareful loh....!
Potential for write down & heavy borrowing loh...!

If ESC is Rm 0.07....GSB is not so far away in terms of valuation....may be even worse loh...! He...he...he...!
Dangerous loh....!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 12:53:56 PM
GSB is a conman worse than ESC loh...! At least ESC they admitted & Clean up...!
For GSB....they are still conning loh...! Just becareful loh....!
Potential for write down & heavy borrowing loh...!

What nonsense are you talking about ? Can you show me a single evidence that GSB/SIMA GROUP has every conned anyone ? Maybe because SIMA GROUP is so damm clean until people think it is too good be true. This too good to be true GSB, is true for sure!!! Evidence are everywhere that this is the best investment you can find in KLSE at this point of time. Nothing in KLSE is safe enough to give you such huge capital gain potential.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on August 01, 2011, 12:55:27 PM
If ESC is Rm 0.07....GSB is not so far away in terms of valuation....may be even worse loh...! He...he...he...!
Dangerous loh....!

Just imagine lah....how much GSB will eventually borrow ?
1) Not a single sen revenue from Bentong
2) Kelana land will take 5-7 yrs to launch
3) Klang project payout Rm 8m....take another 7 yrs to launch
4) GSB cd business kaput loh...!

So how GSB going to survive?....borrow loh...!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 12:57:21 PM
If ESC is Rm 0.07....GSB is not so far away in terms of valuation....may be even worse loh...! He...he...he...!
Dangerous loh....!

KT NG.. I dont want to say anything about ESC... I need to defend GSB from Stockraider, I need to counter whatever he says... if you dont want me to talk about ESC weakness, better as Stockraider stop using ESC to attack GSB.

Before I go into GSB vs ESC, let me tell you all... without ESC in the picture, just look at GSB. GSB is not about current valuation, it is about the growth and future. We can alerady see GSB growth and future potential with the projects they already have in hand.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on August 01, 2011, 12:57:37 PM
What nonsense are you talking about ? Can you show me a single evidence that GSB/SIMA GROUP has every conned anyone ? Maybe because SIMA GROUP is so damm clean until people think it is too good be true. This too good to be true GSB, is true for sure!!! Evidence are everywhere that this is the best investment you can find in KLSE at this point of time. Nothing in KLSE is safe enough to give you such huge capital gain potential.

So must avoid loh...! This coming result....some more impairment coming loh from GSB...!
If project so good....why Bentong no income leh ?

Just becareful loh...!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 12:58:38 PM
Again another batch of wild accusition without any proof from Stockraider.

Just imagine lah....how much GSB will eventually borrow ?
1) Not a single sen revenue from Bentong
2) Kelana land will take 5-7 yrs to launch
3) Klang project payout Rm 8m....take another 7 yrs to launch
4) GSB cd business kaput loh...!

So how GSB going to survive?....borrow loh...!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 01:00:11 PM
So must avoid loh...! This coming result....some more impairment coming loh from GSB...!
If project so good....why Bentong no income leh ?

Just becareful loh...!

Betong currenly only a small phase, phase 11 on going... payment from banks are progressive lah, when projects are completed, all the money will come back. Same goes to Laman Ara Utama, both project will receive a big chucnk of money when they hand over the keys to the buyers.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on August 01, 2011, 01:00:16 PM
Again another batch of wild accusition without any proof from Stockraider.


Bentong no income is a fact mah...! Thats why last QTR GSB lose monies loh...!
Becareful loh...! Conman Sima loh....!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 01:02:09 PM
Bentong no income is a fact mah...! Thats why last QTR GSB lose monies loh...!
Becareful loh...! Conman Sima loh....!

Income is progressive lah, cannot understand kah ? Progressive payment dont come in everyday... it come in batches. As long as project is completed, a big sum of money wiill come in. That is the fact. And all of them will come in within this financial year beause projects has either completed or very near completion.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on August 01, 2011, 01:02:26 PM
What John the conman has written in a way that is nice for you to read. In reality it is very different because truth hurts as the future of GSb still remains with a lot of uncertainties!

Without causing a panic, big players are dumping slowly with anticipation of losing this Quarter!

So folks, don't risk your hard earned cash at this price! You will be rewarded soon if you are patience! Gsb just a goreng counter repeat goreng counter and not suitable for long term!!  Wakakakakakaak!!!


   (http://seckmanhockey.com/wp-content/uploads/2011/03/reminder-smiley-face-150x150.jpg)

 
Just look at ESC....u can see the impact of the fall loh...! In fact GSB is even worse bcos we have both John & Sima spinning loh...!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on August 01, 2011, 01:03:31 PM
Income is progressive lah, cannot understand kah ? Progressive payment dont come in everyday... it come in batches. As long as project is completed, a big sum of money wiill come in. That is the fact. And all of them will come in within this financial year beause projects has either completed or very near completion.

Bentong after takeover no income from SIMA....no income...! ? What a con loh ?
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: artbox on August 01, 2011, 01:05:23 PM
BUY GSB FOR GOOD INVESTMENT... I BOUGHT ALOT....

I NEVER LISTEN TO JOHNMASTER OR ***** CAT OR HAIRY CAT.....

I BUY GSB BASE ON MY RESEARCH AND STATISTICS..........

OVERALL IS A GOOD COMPANY
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on August 01, 2011, 01:07:14 PM
BUY GSB FOR GOOD INVESTMENT... I BOUGHT ALOT....

I NEVER LISTEN TO JOHNMASTER OR ***** CAT OR HAIRY CAT.....

I BUY GSB BASE ON MY RESEARCH AND STATISTICS..........

OVERALL IS A GOOD COMPANY

Raider never bluff u loh...! Just becareful....don buy GSB...! Just wait for result loh...! It will be veri bad loh...!
Bcos kena con mah...! He....he....he...!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: artbox on August 01, 2011, 01:09:58 PM
Raider never bluff u loh...! Just becareful....don buy GSB...! Just wait for result loh...! It will be veri bad loh...!
Bcos kena con mah...! He....he....he...!

I THINK YOU WANNA RAID SOME GSB STOCKS LEH???? I KNOW YOUR STRATEGY.. YOU ARE SHARE COLLECTORS...

COLLECT DIRT CHEAP SHARES AND SELL  :cash: :cash: :cash: :cash:... JUST LIKE SOROS
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: artbox on August 01, 2011, 01:15:33 PM
Penny stocks are risky to begin with, why put your money more at risk especially with GSB at this ^ high price? Those trapped now back to the waiting game!!  Future blue chip? Get a life! Wakakakakakak!!  


     (http://2.bp.~.com/-iOrHDh7w1_8/TaDXQ8cAqII/AAAAAAAAAxc/3bJTwAOD-5E/s1600/waiting.gif)

EVERY PRECIOUS THINGS TAKE TIME TO FORM... JUST LIKE GOLDS AND DIAMONDS, TAKE SOME TIME TO FORM...

GSB WILL BECOME GOLD ONE DAY!! :clap: :clap: :clap:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 01:16:01 PM
GSB profit is just a matter of timing... profits are already there, already secured... only trouble is I cannot determine which quarter all the profits will come in for this financial year. If the profit missed this quarter again, I am sure Stockraider will be all out to attack GSB, but we know very well Hotel sales profit RM4.4 million is already secured, Laman Ara Utama already completed and Courtyard Villa will also complete within this finanicial year, only not sure which quarter the profits will fall into. But full financial year, sure profit.

Going forward, 5 larger projects are already waiting to be launched. Each of the projects are a least few times larger in terms of value compared to the 2 previous projects combined. You can expect GSB to move up to another growth level when they start those projects. Apart from the 5 projects in the pipeline, with SIMA GROUP reputation and capabilities, I am very confidend they will add more projects for GSB... already proven, with the new Kelana JV project and Klang... 2 new projects, not even half way into the financial year.
 
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: artbox on August 01, 2011, 01:21:31 PM
MANY COMPANIES ALSO STILL PENNY STOCKS... SO WHAT'S WRONG WITH GSB WITH PENNY???

SIKIT SIKIT LAMA JADI BUKIT MAHHH....

MITRA ALSO PENNY,, MALTON ALSO PENNY........ MANY PENNNNNYYYYYYYYYYYYYYY.................

GSB  PENNY RM0.85 I WILL BE ^ HAPPY LORRR.. NO NEED DOLLAR
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: tajudinhelmikari on August 01, 2011, 01:23:50 PM
MANY COMPANIES ALSO STILL PENNY STOCKS... SO WHAT'S WRONG WITH GSB WITH PENNY???

SIKIT SIKIT LAMA JADI BUKIT MAHHH....

MITRA ALSO PENNY,, MALTON ALSO PENNY........ MANY PENNNNNYYYYYYYYYYYYYYY.................

GSB  PENNY RM0.85 I WILL BE ^ HAPPY LORRR.. NO NEED DOLLAR

 :D :D :clap: :clap: :thumbsup: :thumbsup: :D :D
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: artbox on August 01, 2011, 01:24:18 PM
GSB IS NOT AN EMPTY SHELL COMPANY JUST LIKE HIBISCUS...

SO WHY NEEED TO WORRY.... EVEN HIBISCUS TIN KOSONG CAN WITHSTAND RM0.50 PRICE......

GSB SURE CAN FLY HIGH...
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: artbox on August 01, 2011, 01:27:23 PM
GSb a penny stock is risky to begin with, why put your money more at risk especially with Ajon doing the dishonest promotion!


(http://images.zaazu.com/img/loser-animation-animated-loser-smiley-emoticon-000355-large.gif)


DONT FORGET PENNY CAN MAKE MORE NOISE THAN DOLLAR PAPER MONEY....

KLING KLING KLING!!!!!!!!!!!!!!!!!!






Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: G_Long on August 01, 2011, 01:30:30 PM

GSB is risky to begin with, why put your money more at risk at this price? If you put too much of your capital at risk, you increase the odds of losing your capital.


high risk high return ma...........
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: artbox on August 01, 2011, 01:31:22 PM
high risk high return ma...........

HAVE YOU HEARD OF NO PAIN NO GAIN???????????
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: G_Long on August 01, 2011, 01:36:14 PM

Folks, due to poor cash flow Bentong project from 1996 till this year not completed yet! Woww..16years for that stupid project...no wonder this Banda Industries SB sold to GSB/Sima anticipate problem from betong project loh!

  

Could be GSB/SIMA have better feng shui that Banda Industries. They knows how to sell  their property
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: G_Long on August 01, 2011, 01:39:17 PM
i hv 200K unit in hand leh........
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 01:41:07 PM
high risk high return ma...........

GSB is a very rare case of a low risk, high return type of company. Try to look at GSB in details... can you find any risk ?

1. They dont have big bank borrowings, only RM2.455 million
2. They have no toxic land, all their land are located in matured area.. when developed sure profit
3. Their projects are all in small phase.. they wont face danger like those developer launch several thousand units at one go.
4. A trustworty management team from SIMA GROUP that has been proven trustworthy for the past 40 years, further strenghtened with the fact that land owners trust their prime land worth tens or hundreds of million in their care.
5. They are listed and yet to raise a single sen from KLSE
6. A very capable and committed management team... proven in so many occasion
7. A company with very advanced technical capabilties that are able to handle property projects of any size and complexity
8. I can continue to addon to this list...

Where is the danger, can anyone find a real danger.. not imaginery danger. This is a pefect company to invest because it is only 10sen, 20sen is an easy task.. but I believe they can go very very far... not just 20sen. But 20sen will already make alot of people very happy.

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: G_Long on August 01, 2011, 01:41:41 PM
now u r talking
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 01:43:10 PM
i hv 200K unit in hand leh........

Congratulations.. you can expect to see your 200K GSB shares to hit a least 20sen each :) you will see your money grow to at least 200K x 20sen :) RM40K in your pocket soon.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: artbox on August 01, 2011, 01:46:44 PM

A stock truly a gem doesn’t need a relentless promotions for others to notice it. Stock price rise naturally when company can deliver profit/dividen. No need for any GSb’s fan or using of bait for a stock to rise loh!

 (http://media.myspacepimper.com/content/gif/cartoon/cartoon_501.gif)

AIYAAAAA......IF DONT PROMOTE WHO KNOWS LEH?????? IF MY FRIEND DONT TELL ME BURGER KING IS NICE I ALSO WONT KNOW WAT.....

ONCE TASTE BURGER KING, IT IS REALLY NICE.... THANKS FOR MY FRIEND'S PROMOTE.. NOW I CAN TASTE ORIGINAL BURGER!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: G_Long on August 01, 2011, 01:48:28 PM
Congratulations.. you can expect to see your 200K GSB shares to hit a least 20sen each :) you will see your money grow to at least 200K x 20sen :) RM40K in your pocket soon.
i hope i m not wrong invested in gsb.
well certainly i hope yr forecast come true.........then fatt fatt lor :clap: :clap: :clap:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: artbox on August 01, 2011, 01:48:55 PM

Take profit now! This quarterly GSb losing. Cheap sale soon! Bentong project started in 1996 and till today not completed!

Hold on here! 16years Gan's family doing that stupid bentong and not completed yet! Wakakakakakak!!
      (http://media.myspacepimper.com/content/gif/cartoon/cartoon_501.gif)

THIS PROVES THEY ARE DOING THE PROJECT PROPERLY... NOT SIMPLY HENTAM DOING QUICK JOB.........

I HATE QUICK JOB.... NO QUALITY...





Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: artbox on August 01, 2011, 01:49:59 PM
i hope i m not wrong invested in gsb.
well certainly i hope yr forecast come true.........then fatt fatt lor :clap: :clap: :clap:

I PREDICT THIS GSB WILL BE LIKE MALTON BERHAD HITTING MORE THAN 50CENTS.......
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: G_Long on August 01, 2011, 01:51:46 PM
I PREDICT THIS GSB WILL BE LIKE MALTON BERHAD HITTING MORE THAN 50CENTS.......
r u in the same boat
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 01:52:34 PM
Stockraider even tries to associate ESCERAM with GSB, totally different scenario...  ESCERAM still have alot of unresolved issues to settle, where GSB has none. GSB troubled days are over, GSB is already totally transformed. What lies ahead of GSB you can already see clearly with evidence, all the new projects already in the pipeline. The quality of properties they build can also be seen with your own eyes, Laman Ara Utama and Courtyard Villa.

While it is still 10sen, better grab it... before they move on to bigger things. If you want to wait for GSB to registier big profits, it will be too late already, you will not be able to get at 10sen anymore. Most likely you will have to buy GSB shares above 20sen.

GSB is not any ordinary company trying their luck in the property development business, GSB is SIMA GROUP and they have been in this industry for the past 40 years, not just any ordinary 40 years.. but 40 years of solid reputation, solid projects that comes out from them.

Please read this evidence again... and think hard.

http://www.theedgemalaysia.com/property/175417-city-a-country-sima-group-banks-on-sincerity-to-grow.html

"One the company’s most significant projects thus far is Universiti Utara Malaysia (UUM) in Kedah. “When we took over the [abandoned] project, UUM was only 35% completed and we needed to revive and complete it within four months. Although it was challenging, we managed to complete UUM in slightly under four months,” says Andrea Gan, Seng Biang’s daughter. UUM was completed in September 1990."

SIMA GROUP complete 65% of an abandoned university project in just 4 month!!! If you use that as a benchmark, which also means SIMA GROUP is capable of completing an entire University in less than 8 month!!!

THIS IS A PROVEN FACT OF A VERY GOOD PROPERTY DEVELOPER.


GSB is a very rare case of a low risk, high return type of company. Try to look at GSB in details... can you find any risk ?

1. They dont have big bank borrowings, only RM2.455 million
2. They have no toxic land, all their land are located in matured area.. when developed sure profit
3. Their projects are all in small phase.. they wont face danger like those developer launch several thousand units at one go.
4. A trustworty management team from SIMA GROUP that has been proven trustworthy for the past 40 years, further strenghtened with the fact that land owners trust their prime land worth tens or hundreds of million in their care.
5. They are listed and yet to raise a single sen from KLSE
6. A very capable and committed management team... proven in so many occasion
7. A company with very advanced technical capabilties that are able to handle property projects of any size and complexity
8. I can continue to addon to this list...

Where is the danger, can anyone find a real danger.. not imaginery danger. This is a pefect company to invest because it is only 10sen, 20sen is an easy task.. but I believe they can go very very far... not just 20sen. But 20sen will already make alot of people very happy.


Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: artbox on August 01, 2011, 01:52:42 PM
Congratulation! Again another prey get conned by Johnspinmaster. Waakakakakakak!!

(http://media.myspacepimper.com/content/gif/cartoon/cartoon_501.gif)






NEVER HEARD OF BEING CHEATED AND STILL MAKING PROFITS IN THIS SHARE.....

THANKS FOR CHEATING ME JM.... I MAKE FEW K ON PREVIOUS BUY FROM GSB... :thumbsup: :thumbsup: :thumbsup: :clap: :clap:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 01:53:55 PM
I PREDICT THIS GSB WILL BE LIKE MALTON BERHAD HITTING MORE THAN 50CENTS.......

GSB will be much much better than Malton.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 01:55:09 PM
NEVER HEARD OF BEING CHEATED AND STILL MAKING PROFITS IN THIS SHARE.....

THANKS FOR CHEATING ME JM.... I MAKE FEW K ON PREVIOUS BUY FROM GSB... :thumbsup: :thumbsup: :thumbsup: :clap: :clap:

better get "cheated" now buying at 10sen, to see your shares at trading 20sen and above in the future :)  :cash:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 01:59:35 PM
Everyone who knows GSB deep enough will not sell GSB.


quote author=iiinvestsmart link=topic=24986.msg511110#msg511110 date=1311842600]

Buyers' bid price versus Sellers' ask price.

Modus operandi of JM so far:

1.  Encouraging sellers to sell at their ask price and not to sell down to the buyers' bid price.

2.  Mocking sellers who sold down to the buyers' bid price as either stupid or crazy.  He berates they will not be able to buy back at that price and will definitely have to buy back higher.

3.  He puts his target price at 20 sen and says he will continue to hold this stock.  He even said that this stock can touch $2.00.  He impresses on his followers that he is holding and/or buying.

4.  He wants his followers to buy and yet wish the price of GSB to go higher.  (Note:  If you are a net buyer of this counter, you would wish the price to be lower.  Do you think JM is a net buyer or a trapped seller?)

Do you trust this promoter of GSB?
 :( :)



(http://media.myspacepimper.com/content/gif/cartoon/cartoon_501.gif)


Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: artbox on August 01, 2011, 02:01:13 PM

quote author=iiinvestsmart link=topic=24986.msg511110#msg511110 date=1311842600]

Buyers' bid price versus Sellers' ask price.

Modus operandi of JM so far:

1.  Encouraging sellers to sell at their ask price and not to sell down to the buyers' bid price.

2.  Mocking sellers who sold down to the buyers' bid price as either stupid or crazy.  He berates they will not be able to buy back at that price and will definitely have to buy back higher.

3.  He puts his target price at 20 sen and says he will continue to hold this stock.  He even said that this stock can touch $2.00.  He impresses on his followers that he is holding and/or buying.

4.  He wants his followers to buy and yet wish the price of GSB to go higher.  (Note:  If you are a net buyer of this counter, you would wish the price to be lower.  Do you think JM is a net buyer or a trapped seller?)

Do you trust this promoter of GSB?
 :( :)



(http://media.myspacepimper.com/content/gif/cartoon/cartoon_501.gif)



WHAT WILL YOU SAY IF GSB HIT RM0.20??????????????? JUST LIKE KATAK DI BAWAH TEMPURUNG...
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: artbox on August 01, 2011, 02:04:09 PM
What is the cash flow projections for GSB for the next few years?

(http://images.zaazu.com/img/loser-animation-animated-loser-smiley-emoticon-000355-large.gif)   

 

NO WORRIES FOR CASH FLOW... AMERICA FINANCIAL TIGHT ALSO STILL CAN WORKS THINGS OUT... NO DEFAULT. HEHEHE KAKA

MOST IMPORTANT SHARE MUST GO UP... PROJECTS MUST JALAN...
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 02:06:11 PM
Cash flow is not for us to do, its for the management team inside GSB to do. Andrea is from the finance background with plenty of property development experience learn from her father. An ideal combination knowledge base for Andrea to manage GSB to the highest efficiency.

What is the cash flow projections for GSB for the next few years?

 
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: artbox on August 01, 2011, 02:06:44 PM
Folks, do you wish to own a company that will soon be raising more cash through debts or a rights issues?

(http://images.zaazu.com/img/loser-animation-animated-loser-smiley-emoticon-000355-large.gif)  

  

WE ARE MORE CONCERN BOUT CURRENT AND NEAR FUTURE....

WHAT YOU ARE SAYING IS BEYOND WAWASAN 2050.... WE WILL TALK BOUT IT WHEN NEAR 2050....
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 02:07:29 PM
The annoucement title was wrong, it has been corrected already. From the details of the transaction we already know it was not a related party transaction.

Interestingly, this land transaction is yet another related party transaction


Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: escap on August 01, 2011, 02:12:40 PM
What worries the investor should be once again, asset is injected into GSB for cash by a related party. What is the cash flow projections for GSB for the next few years?

Do you wish to own a company that will soon be raising more cash through debts or a rights issues? Wakakakakakakaakk!!


(http://media.myspacepimper.com/content/gif/cartoon/cartoon_501.gif)




U need to chill predator...u r taking these way too seriously...u should just realise that your influence is not as strong as JM. Sounds like u badly need a trip to Changping in Dongguan China....some pleasure beads up your * will do you a world of good. Too much hot air needs to be let out otherwise u'll do yourself some serious damage
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 02:13:56 PM
WE ARE MORE CONCERN BOUT CURRENT AND NEAR FUTURE....

WHAT YOU ARE SAYING IS BEYOND WAWASAN 2050.... WE WILL TALK BOUT IT WHEN NEAR 2050....

No need that long, GSB is growing like a bullet train at full speed.. past few years... 2-3 digit growth, this year already secured RM4.4 million profit from hotel sales, that alone already register another 300% growth from RM1.6 million profit previous financial year. Going forward, next financial year... they have in the pipeline.. 5 much much larger property projects that has yet to be launched... you can expect another big digit growth in the following year.

Very soon every analyst will start to write about GSB!!! You know what will happen to share price when these people start to write about GSB turn around story.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: ongchef on August 01, 2011, 02:18:38 PM
 :)....4000 tarak ciakap mali 8)...pasal gsb manyak pigang lagi. :phew:....ini hali ah dow mau naik.....lu sulah curi2 0.10 kasi......haiyar!!! :S,i.......ni gsb main snnoker gua tak NAK tak Mau lar,.......interest naik,lumah tarak goring lah!!!....sikalang lain ah mois pun ala masih diskaun offer kasi!!! :P :hi:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 02:25:23 PM
Prediction sometimes dont come true, but everyone can see clearly see what is already in the pocket and what is in the pipeline for GSB. The failure of my previous prediction is caused by timing issue. That is why I dont want to predict quarter by quarter type of prediction, I predict by end of the financial year. Because of the way that profits are recorded, very hard to predict based on quarterly results... if money comes in just 1 day late, prediction will be wrong already


Johnspinmaster has predicted Q1 will be another minimum 3 digit % increase in profit. Wahh, so confident of him predicting nothing less the a 3 digit %. Don't you think that is a good news and time to buy?

But wait folks! The last Q4 (a loss) this goon has taken advantage of a bunch of sheep that can't see they are being led to the slaughter house.

Since no more sheep left, the hen next? Wakakakakaka!!

      (http://2.bp.~.com/_C4OpckVp1rg/SlUKU8fH81I/AAAAAAAAAB0/IyX7W3XsXs4/s200/FoxGuardHenhouse.jpg)




Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on August 01, 2011, 03:02:29 PM
Stockraider even tries to associate ESCERAM with GSB, totally different scenario...  ESCERAM still have alot of unresolved issues to settle, where GSB has none. GSB troubled days are over, GSB is already totally transformed. What lies ahead of GSB you can already see clearly with evidence, all the new projects already in the pipeline. The quality of properties they build can also be seen with your own eyes, Laman Ara Utama and Courtyard Villa.

While it is still 10sen, better grab it... before they move on to bigger things. If you want to wait for GSB to registier big profits, it will be too late already, you will not be able to get at 10sen anymore. Most likely you will have to buy GSB shares above 20sen.

GSB is not any ordinary company trying their luck in the property development business, GSB is SIMA GROUP and they have been in this industry for the past 40 years, not just any ordinary 40 years.. but 40 years of solid reputation, solid projects that comes out from them.

Please read this evidence again... and think hard.

http://www.theedgemalaysia.com/property/175417-city-a-country-sima-group-banks-on-sincerity-to-grow.html

"One the company’s most significant projects thus far is Universiti Utara Malaysia (UUM) in Kedah. “When we took over the [abandoned] project, UUM was only 35% completed and we needed to revive and complete it within four months. Although it was challenging, we managed to complete UUM in slightly under four months,” says Andrea Gan, Seng Biang’s daughter. UUM was completed in September 1990."

SIMA GROUP complete 65% of an abandoned university project in just 4 month!!! If you use that as a benchmark, which also means SIMA GROUP is capable of completing an entire University in less than 8 month!!!

THIS IS A PROVEN FACT OF A VERY GOOD PROPERTY DEVELOPER.


he....he.......he...! GSB still in trouble after sima bought over loh.....! Already 5 yrs loh......! Sima brady useless loh....!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 03:53:49 PM
he....he.......he...! GSB still in trouble after sima bought over loh.....! Already 5 yrs loh......! Sima brady useless loh....!

SIMA GROUP effectively took over only in 2008 lah, wheree got 5 years ? dont try to spread lies again Stockraider. you think magic ah, take over straight away company transformed. Transformation takes time... every single year since 2008, they have been registering improvement vs previous year. They only started property development projects in Apr 2009... That was just 2 years ago. Courtyard Villa is inherited from Banda Industries Sdn Bhd, so effectively Courtyard Villa money only can join GSB in Apr 2010. Means with just less than 2 projects, SIMA GROUP management are able to turn around GSB into a profit making company. IMPRESSIVE!!!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on August 01, 2011, 03:56:20 PM
SIMA GROUP effectively took over only in 2008 lah, wheree got 5 years ? dont try to spread lies again Stockraider. you think magic ah, take over straight away company transformed. Transformation takes time... every single year since 2008, they have been registering improvement vs previous year. They only started property development projects in Apr 2009... That was just 2 years ago. Courtyard Villa is inherited from Banda Industries Sdn Bhd, so effectively Courtyard Villa money only can join GSB in Apr 2010. Means with just less than 2 projects, SIMA GROUP management are able to turn around GSB into a profit making company. IMPRESSIVE!!!

Sima had been holding it for 20 yrs...pass to GSB in 2008....After holding more than 20 yrs then pass to GSB under Sima Group....Bentong still cannot make money....! SIMA brady useless loh...!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 04:03:10 PM
Sima had been holding it for 20 yrs...pass to GSB in 2008....After holding more than 20 yrs then pass to GSB under Sima Group....Bentong still cannot make money....! SIMA brady useless loh...!

Hello, Banda Industries Sdn Bhd does not belong to GSB until Apr 2010, you cannot be expecting all the past money made by Banda Industries Sdn Bhd be given to GSB also. You mad or what ? RM 5 million for all these..

1. Taman Bentong Makmur ( Phase 12, Phase 13, Phase 14, Phase 15 and Phase 16 )
2. Riverville Bentong ( 120 DSL, 64 SD, 16 B ) - 20 acres
3. JV Project with Restu Angkasa Sdn Bhd - Bukit Utama Bentong ( 233 DSL, 34 SD, 80 B ) - 52 acres

still not enough kah ?

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 04:04:06 PM
Hello, Banda Industries Sdn Bhd does not belong to GSB until Apr 2010, you cannot be expecting all the past money made by Banda Industries Sdn Bhd be given to GSB also. You mad or what ? RM 5 million for all these..

1. Taman Bentong Makmur ( Phase 12, Phase 13, Phase 14, Phase 15 and Phase 16 ) - Balance 36 acres
2. Riverville Bentong ( 120 DSL, 64 SD, 16 B ) - 20 acres
3. JV Project with Restu Angkasa Sdn Bhd - Bukit Utama Bentong ( 233 DSL, 34 SD, 80 B ) - 52 acres

still not enough kah ?


Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on August 01, 2011, 04:09:36 PM
Hello, Banda Industries Sdn Bhd does not belong to GSB until Apr 2010, you cannot be expecting all the past money made by Banda Industries Sdn Bhd be given to GSB also. You mad or what ? RM 5 million for all these..

1. Taman Bentong Makmur ( Phase 12, Phase 13, Phase 14, Phase 15 and Phase 16 )
2. Riverville Bentong ( 120 DSL, 64 SD, 16 B ) - 20 acres
3. JV Project with Restu Angkasa Sdn Bhd - Bukit Utama Bentong ( 233 DSL, 34 SD, 80 B ) - 52 acres

still not enough kah ?


Certainly when u buy a going concern business....u expect profit from day 1 mah...! Somemore Sima hold for 20 yrs...! Sima brady useless....tak guna....conman loh....! Sell rubbish to GSB loh...!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 04:17:57 PM
Certainly when u buy a going concern business....u expect profit from day 1 mah...! Somemore Sima hold for 20 yrs...! Sima brady useless....tak guna....conman loh....! Sell rubbish to GSB loh...!

What a dam greedy fellow, RM5 million for so many assets and projects still not enough ?

When GSB buy over Banda Industries Sdn Bhd, the contents of the company is already made known to everyone in the proposed purchase of Banda Industries Sdn Bhd document. What that is not included in that document means not part of the Sales lah. What a stupid reasoning by Stockraider. The deal is you get what is agreed upon. Banda Industies includes the following...

the on-going Courtyard Villa plus...

1. Taman Bentong Makmur ( Phase 12, Phase 13, Phase 14, Phase 15 and Phase 16 ) - Balance 36 acres
2. Riverville Bentong ( 120 DSL, 64 SD, 16 B ) - 20 acres
3. JV Project with Restu Angkasa Sdn Bhd - Bukit Utama Bentong ( 233 DSL, 34 SD, 80 B ) - 52 acres

Rm 5 million for all that is more than good enough. Stockraider, why not you come out with those assets and sell it to me at RM5 million.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 04:20:18 PM
Next time if you sell your house to Stockraider, he will ask for all the old disposed furniture that is no longer there, all the things that happens to be in the house since day 1 of the house existance. First time I ever seen such a stupid person. When you buy something, there is a checklist of what you get. You dont get more than what you agreed to pay for.

What a dam greedy fellow, RM5 million for so many assets and projects still not enough ?

When GSB buy over Banda Industries Sdn Bhd, the contents of the company is already made known to everyone in the proposed purchase of Banda Industries Sdn Bhd document. What that is not included in that document means not part of the Sales lah. What a stupid reasoning by Stockraider. The deal is you get what is agreed upon. Banda Industies includes the following...

the on-going Courtyard Villa plus...

1. Taman Bentong Makmur ( Phase 12, Phase 13, Phase 14, Phase 15 and Phase 16 ) - Balance 36 acres
2. Riverville Bentong ( 120 DSL, 64 SD, 16 B ) - 20 acres
3. JV Project with Restu Angkasa Sdn Bhd - Bukit Utama Bentong ( 233 DSL, 34 SD, 80 B ) - 52 acres

Rm 5 million for all that is more than good enough. Stockraider, why not you come out with those assets and sell it to me at RM5 million.

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 04:25:16 PM
my God!!! I have never seen people this stupid!!!  the name is Stockraider.

An agreement made to buy a company that consist of item ( a, b, c and d ) BUT after stockraider paid for item a, b c and d....after the seller deliver item a, b, c and d to him,  he says the seller cheat him because he did not get item e to z which is not part of the deal.  
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on August 01, 2011, 04:25:39 PM
Next time if you sell your house to Stockraider, he will ask for all the old disposed furniture that is no longer there, all the things that happens to be in the house since day 1 of the house existance. First time I ever seen such a stupid person. When you buy something, there is a checklist of what you get. You dont get more than what you agreed to pay for.


Raider buy a house....n make sure can rent out mah...$$$$$$ rental mah...! Everything is there loh...!

But brady Sima & GSB....buy a house....no electricity, water loh, no CF loh, no sewerage connection,no roads....brady useless loh ....even after 20 yrs loh...! Why so stupid ? Related party transaction loh...! Sima con loh...!
Nothing u can do loh...! Other than avoid GSB loh....!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: xplained on August 01, 2011, 04:25:47 PM
I've been reading this post for quite awhile. I kinda agree with what predator have to say. JM predicts that GSB will hit RM 1 in the future. Based on current prices and assuming that GSB does not issue anymore shares, JM is predicting that GSB will have a market capitalization of 400m. GSB have a few projects in hand but are those projects significant enough to value GSB at RM 400m? As for the 3 digit growth that JM mentioned earlier, i find that statement to be rather misleading. Any investor who take some time to read books from Benjamin Graham would know that it is absurd to take the growth of the company without analyzing it's financial statements. The recent sales of their hotel that contribute to most of their income recently, is a one-off event therefore it is unreasonable for us to include it into our analysis unless GSB is in the hotel building business and is planning to sell hotels every year, we should not include the profit from the sales of their hotel to our future projections. If u take off the profit from the hotel sales, GSB will have another loss making year which is not impressive at these times where all property developers are laughing themselves to the bank. Developers had outstanding returns for the past 3 years however GSB have been losing money over and over again. I am not implying that GSB will not succeed, but its not a company i would invest in yet.

P.S. We are in a period where real estate prices are shooting sky high. Imagine how GSB will fare if property prices start tumbling down? How much would you value GSB then?
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 04:27:50 PM
my God!!! I have never seen people this stupid!!!  the name is Stockraider.  

An agreement made to buy a company that consist of item ( a, b, c and d ) BUT stockraider pay for item a, b c and d....after the seller deliver item a, b, c and d to him, Stockraider he says the seller cheat him because he did not also get item e to z which is not part of the deal.  
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 04:29:32 PM
Raider buy a house....n make sure can rent out mah...$$$$$$ rental mah...! Everything is there loh...!

But brady Sima & GSB....buy a house....no electricity, water loh, no CF loh, no sewerage connection,no roads....brady useless loh ....even after 20 yrs loh...! Why so stupid ? Related party transaction loh...! Sima con loh...!
Nothing u can do loh...! Other than avoid GSB loh....!

good example,

then stockraider will say.. he is entitled to all the rented you collected in the past after he bought the house from you.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on August 01, 2011, 04:30:59 PM
Raider buy a house....n make sure can rent out mah...$$$$$$ rental mah...! Everything is there loh...!

But brady Sima & GSB....buy a house....no electricity, water loh, no CF loh, no sewerage connection,no roads....brady useless loh ....even after 20 yrs loh...! Why so stupid ? Related party transaction loh...! Sima con loh...!
Nothing u can do loh...! Other than avoid GSB loh....!

U buy house for rent or sell...!
U buy land to develop n sell loh...!

Brady hell....bought land 2008....n 2011 also no income loh....!
Some more Sima tak malu.....say own the land for 20 yrs loh...! Sima brady useless loh...! GSB kena con loh...!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 04:31:18 PM
This is the reason why Stockraider say SIMA GROUP con GSB. my GOD!!! you guys are going to missed to boat because listening to an idiot. Now only I know how stupid Stockraider is.

my God!!! I have never seen people this stupid!!!  the name is Stockraider.  

An agreement made to buy a company that consist of item ( a, b, c and d ) BUT stockraider pay for item a, b c and d....after the seller deliver item a, b, c and d to him, Stockraider he says the seller cheat him because he did not also get item e to z which is not part of the deal.  

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 04:32:20 PM
U buy house for rent or sell...!
U buy land to develop n sell loh...!

Brady hell....bought land 2008....n 2011 also no income loh....!
Some more Sima tak malu.....say own the land for 20 yrs loh...! Sima brady useless loh...! GSB kena con loh...!

Stockraider, you go and buy yourself a house.. you collect rental for the house. When I buy over that house.. will you give to me all the rental that you have collected over the years ?
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 04:33:40 PM
When you buy anything, you must know what is the content of the deal, what you pay for. You dont get things that are not part of the deal. Stupid Stockraider... basic buy and sell transaction also cant understand.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 04:36:34 PM
Now I really pity those people who cut loss last time listening to Stockraider... people as stupid as stockraider also manage to con them to sell their GSB GEM which is already in their pocket.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on August 01, 2011, 04:37:03 PM
Why aren't you taking your own advice, then? Listen to yourself and stop coming here. The very fact that you hang around here all the time tells me that you are interested in GSB and are trying to make its price drop so that you can pick up.

Otherwise, please avoid GSB and go hang around in Old Town. I heard the coffee is good there.

John started 1st mah...! Raider already say we agree to disagree mah...!
That mean peace loh....!
But John cari pasal....use us as advertising material loh...!
Macam kita takut John loh....! Sure marah loh....!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 04:45:21 PM
John started 1st mah...! Raider already say we agree to disagree mah...!
That mean peace loh....!
But John cari pasal....use us as advertising material loh...!
Macam kita takut John loh....! Sure marah loh....!

anyone can discuss, people discuss with real facts and data, not like you.. create lies to discuss wasting everyone time on lies.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on August 01, 2011, 04:47:19 PM
anyone can discuss, people discuss with real facts and data, not like you.. create lies to discuss wasting everyone time on lies.


What lies ? Bentong no income ....it is a fact mah...! Raider no bluff loh...! True mah....! Useless loh...!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on August 01, 2011, 04:48:55 PM
     

       GSb a sinking ship loh!! Wakakakakak!!

    (http://2.bp.~.com/_8Mrlh7IAxaE/SwpIjch4ocI/AAAAAAAAAHA/ro_sXYoY0pA/s1600/i-told-you-so-.jpg)



Becareful loh...GSB sinking mah...!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 04:53:49 PM
Becareful loh...GSB sinking mah...!

Careful of what ? there are no evidence can be found anywhere that GSB has any form of danger. Every single evidence that we can find for GSB are positieve, it has a massive growth and potential ahead in the future. Impossible to lose money on GSB, 20sen is just an easy target just buy looking at the amount of projects that is already in the pipeline, waiting to be launched. We have not even talk about potentiallly more projects coming in.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on August 01, 2011, 04:54:34 PM
Careful of what ? there are no evidence can be found anywhere that GSB has any form of danger. Every single evidence that we can find for GSB are positieve, it has a massive growth and potential ahead in the future. Impossible to lose money on GSB, 20sen is just an easy target just buy looking at the amount of projects that is already in the pipeline, waiting to be launched. We have not even talk about potentiallly more projects coming in.

Bentong no income already danger loh...!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Parti 1Malaysia on August 01, 2011, 04:55:08 PM
Careful of what ? there are no evidence can be found anywhere that GSB has any form of danger. Every single evidence that we can find for GSB are positieve, it has a massive growth and potential ahead in the future. Impossible to lose money on GSB, 20sen is just an easy target just buy looking at the amount of projects that is already in the pipeline, waiting to be launched. We have not even talk about potentiallly more projects coming in.

Are you a big player, johnmaster?
You control this counter, right?
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 04:56:32 PM
Bentong no income already danger loh...!

Project not yet launch how to have income lah #####!!!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on August 01, 2011, 04:57:39 PM
Project not yet launch how to have income lah #####!!!

Project cannot launch since 2008....given more than 20 yrs time....! Sima memang ##### loh...!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 04:57:45 PM
Are you a big player, johnmaster?
You control this counter, right?

I dont control a counter. This is not a speculative counter ... just go and read the first few message in this topic, you will understand what it is all about.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 04:59:29 PM
Project cannot launch since 2008....given more than 20 yrs time....! Sima memang ##### loh...!

People can choose whenever time they want to launch their projects, its not up to Stockraider to decide. People have 40 years of property development experience, stockraider is trying to teach a fish how to swim... while he himself dont even know how to swim.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on August 01, 2011, 05:03:30 PM
People can choose whenever time they want to launch their projects, its not up to Stockraider to decide. People have 40 years of property development experience, stockraider is trying to teach a fish how to swim... while he himself dont even know how to swim.

Can chose anytime ? So GSB no income loh...!
Then can chose anytime to buy GSB loh...no need to rush loh...! GSB tipu olang punya loh...!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 05:06:23 PM
I believe Stockraider and Predator cant be that stupid, they know about the prospects of GSB, just ego too big to admit. Besides they are still trying very hard to make people sell to them at lower price.

For us who are still holding on to GSB shares, things starting to get very interesting.

Previously GSB only have 2 small property projects - completing anytime now
1. Laman Ara Utama in Bandar Utama ( Jun 2009 )
2. Courtyard Villa - Phase 11 of Taman Bentong Makmur ( Oct 2009 )

and that 2 small project is already enough to turn GSB into a profitable company.

Coming soon... 5 much-much larger projects... take a good look at the following projects
1. Taman Bentong Makmur ( Phase 12 to Phase 16 )
2. Riverville Bentong ( 120 DSL, 64 SD, 16 B ) - 20 acres
3. JV Project with Restu Angkasa Sdn Bhd - Bukit Utama Bentong ( 233 DSL, 34 SD, 80 B ) - 52 acres

4. JV Proiect with Project Start Sdn Bhd - Kelana Jaya Prime Land ( pending announcement ) - 1 acre
5. Klang ( pending announcement ) - 6 acres

Project 4 and 5 are new projects that are just added into their existing projects database in this financial year, not even half way into the this financial year. We can surely expect more projects to come from them in the future.

With these 5 much larger projects in the pipeline, you can clearly see that GSB will be growing very fast. Not just 5 projects, we are talking about 5 projects that can be completed on-time, highest quailty and with high take-up rate ( the SIMA GROUP 40 years of proven track record )

... And did you know that, they have all those projects without even raising a single sen from KLSE ?

GSB is not listed via the normal IPO, means they have not received a single sen IPO money. GSB is listed via the backdoor listing, during the backdoor listing, they also did not raise a single sen. As we all know, they are taking over a dying company SMSUMMIT ( with cassete tape and cd duplicating business ). Obviously you can see, there is nothing much SMSUMMIT can offer to them except troubles. An excellent management skills which are able to turn around that company, registering non-stop strong growth year after year until it turns profitable last financial year and they achive that without asking for a single sen from shareholders.

Not only that they have not ask for money from shareholders, the management team sacrifice their own pocket for the sake of the company. Just look at this figures from the annual reports ( key management fees and benefits )... apart from capabilties they have also shown their level of commitment to the company. Just how many people out there are willing to do a pay cut for the sake of their company ?

Annual Report 2007, RM637,300
Annual Report 2008, RM473,004 - Management from SIMA GROUP took over
Annual Report 2009, RM448,118
Annual Report 2010, RM282,300

All listed companies in KLSE raise funds from KLSE to fuel their growth. GSB is probably the only listed company that are growing without raising a single sen from the investors. Can you imagine what GSB is capable of, if they were to raise more money from KLSE to fuel their growth ? To me, it will be super massive!!!

... and you know what? GSB is only 10sen !!!   WTF.. a 10sen counter with so much potential, people still want to make so much noise. If I were them, I stop wasting my time creating non-existance fears and start buying up GSB shares. This kind of oppurtunity is not to be missed.

Previously GSB should have RM16 million cash on hand vs RM2.455 million borrowings, since that they bought Klang land for RM8 million, if they were to pay by cash, then RM16 million will be reduced to RM8 milion cash vs RM2.455 million bank borrowings. Which is still very comfortable because cash is still more than 3 times bigger than bank borrowings. This company not just has plenty of potential it also have a very solid financial position vs bank borrowings.

If you are new to GSB, please this read this article about SIMA GROUP, although GSB is not mentioned... they are talking about GSB, I believe they are just trying to keep GSB low profile for insiders to collect as much as they can before they start their new phase of growth.  Read and decide for yourself, to buy or not to buy... I only promote this so that you are aware of such GEM still hidden inside KLSE.

http://www.theedgemalaysia.com/property/175417-city-a-country-sima-group-banks-on-sincerity-to-grow.html

"One the company’s most significant projects thus far is Universiti Utara Malaysia (UUM) in Kedah. “When we took over the [abandoned] project, UUM was only 35% completed and we needed to revive and complete it within four months. Although it was challenging, we managed to complete UUM in slightly under four months,” says Andrea Gan, Seng Biang’s daughter. UUM was completed in September 1990."

SIMA GROUP complete 65% of an abandoned university project in just 4 month!!! If you use that as a benchmark, which also means SIMA GROUP is capable of completing an entire University in less than 8 month!!!

THIS IS AN EVIDENCE OF A VERY VERY GOOD PROPERTY DEVELOPER!!! MASSIVE POTENTIAL AHEAD!!! [/color]

Note:
5. Klang. The Land is strategically located within the matured and established residential schemes of Klang namely Taman Chi Liung, Taman Bayu Emas and Taman Bayu Perdana.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on August 01, 2011, 05:08:42 PM

John a liar.........Wakakakakakakakaka!!

       (http://www.planetaz.biz/images/12651668972241348757957.jpeg) 


I believe Stockraider and Predator cant be that stupid, they know about the prospects of GSB, just ego too big to admit. Besides they are still trying very hard to make people sell to them at lower price.

For us who are still holding on to GSB shares, things starting to get very interesting.

Previously GSB only have 2 small property projects - completing anytime now
1. Laman Ara Utama in Bandar Utama ( Jun 2009 )
2. Courtyard Villa - Phase 11 of Taman Bentong Makmur ( Oct 2009 )

and that 2 small project is already enough to turn GSB into a profitable company.

Coming soon... 5 much-much larger projects... take a good look at the following projects
1. Taman Bentong Makmur ( Phase 12 to Phase 16 )
2. Riverville Bentong ( 120 DSL, 64 SD, 16 B ) - 20 acres
3. JV Project with Restu Angkasa Sdn Bhd - Bukit Utama Bentong ( 233 DSL, 34 SD, 80 B ) - 52 acres

4. JV Proiect with Project Start Sdn Bhd - Kelana Jaya Prime Land ( pending announcement ) - 1 acre
5. Klang ( pending announcement ) - 6 acres

Project 4 and 5 are new projects that are just added into their existing projects database in this financial year, not even half way into the this financial year. We can surely expect more projects to come from them in the future.

With these 5 much larger projects in the pipeline, you can clearly see that GSB will be growing very fast. Not just 5 projects, we are talking about 5 projects that can be completed on-time, highest quailty and with high take-up rate ( the SIMA GROUP 40 years of proven track record )

... And did you know that, they have all those projects without even raising a single sen from KLSE ?

GSB is not listed via the normal IPO, means they have not received a single sen IPO money. GSB is listed via the backdoor listing, during the backdoor listing, they also did not raise a single sen. As we all know, they are taking over a dying company SMSUMMIT ( with cassete tape and cd duplicating business ). Obviously you can see, there is nothing much SMSUMMIT can offer to them except troubles. An excellent management skills which are able to turn around that company, registering non-stop strong growth year after year until it turns profitable last financial year and they achive that without asking for a single sen from shareholders.

Not only that they have not ask for money from shareholders, the management team sacrifice their own pocket for the sake of the company. Just look at this figures from the annual reports ( key management fees and benefits )... apart from capabilties they have also shown their level of commitment to the company. Just how many people out there are willing to do a pay cut for the sake of their company ?

Annual Report 2007, RM637,300
Annual Report 2008, RM473,004 - Management from SIMA GROUP took over
Annual Report 2009, RM448,118
Annual Report 2010, RM282,300

All listed companies in KLSE raise funds from KLSE to fuel their growth. GSB is probably the only listed company that are growing without raising a single sen from the investors. Can you imagine what GSB is capable of, if they were to raise more money from KLSE to fuel their growth ? To me, it will be super massive!!!

... and you know what? GSB is only 10sen !!!   WTF.. a 10sen counter with so much potential, people still want to make so much noise. If I were them, I stop wasting my time creating non-existance fears and start buying up GSB shares. This kind of oppurtunity is not to be missed.

Previously GSB should have RM16 million cash on hand vs RM2.455 million borrowings, since that they bought Klang land for RM8 million, if they were to pay by cash, then RM16 million will be reduced to RM8 milion cash vs RM2.455 million bank borrowings. Which is still very comfortable because cash is still more than 3 times bigger than bank borrowings. This company not just has plenty of potential it also have a very solid financial position vs bank borrowings.

If you are new to GSB, please this read this article about SIMA GROUP, although GSB is not mentioned... they are talking about GSB, I believe they are just trying to keep GSB low profile for insiders to collect as much as they can before they start their new phase of growth.  Read and decide for yourself, to buy or not to buy... I only promote this so that you are aware of such GEM still hidden inside KLSE.

http://www.theedgemalaysia.com/property/175417-city-a-country-sima-group-banks-on-sincerity-to-grow.html

"One the company’s most significant projects thus far is Universiti Utara Malaysia (UUM) in Kedah. “When we took over the [abandoned] project, UUM was only 35% completed and we needed to revive and complete it within four months. Although it was challenging, we managed to complete UUM in slightly under four months,” says Andrea Gan, Seng Biang’s daughter. UUM was completed in September 1990."

SIMA GROUP complete 65% of an abandoned university project in just 4 month!!! If you use that as a benchmark, which also means SIMA GROUP is capable of completing an entire University in less than 8 month!!!

THIS IS AN EVIDENCE OF A VERY VERY GOOD PROPERTY DEVELOPER!!! MASSIVE POTENTIAL AHEAD!!! [/color]

Note:
5. Klang. The Land is strategically located within the matured and established residential schemes of Klang namely Taman Chi Liung, Taman Bayu Emas and Taman Bayu Perdana.

No prospect loh......! SIMA is a conman mah......! All GSB cash used up loh...! habis loh....!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 05:17:52 PM
before I go off, let me show you this summary again... surely it will tell you GSB wont be a 10sen share for very long, the days are coming nearer where it will cross 20sen and beyond. Since you are reading this message, dont waste this oppurtunity... grab it while you still can at this cheap.

PAST property projects, 2 small property projects
1. Laman Ara Utama in Bandar Utama ( Jun 2009 ) - Completed
2. Courtyard Villa - Phase 11 of Taman Bentong Makmur ( Oct 2009 ) - No info, should be completing anytime now.

FUTURE property projects, 5 much-much larger projects
1. Taman Bentong Makmur ( Phase 12, Phase 13, Phase 14, Phase 15 and Phase 16 ) - balance 36 acres
2. Riverville Bentong ( 120 DSL, 64 SD, 16 B ) - 20 acres
3. JV Project with Restu Angkasa Sdn Bhd - Bukit Utama Bentong ( 233 DSL, 34 SD, 80 B ) - 52 acres

4. JV Proiect with Project Start Sdn Bhd - Kelana Jaya Prime Land ( pending announcement ) - 1 acre
5. Klang ( pending announcement ) - 6 acres

6. more to come... because not even half way through the financial year.. they already secured two new projects, project 4. and 5. into GSB.

Note:
From Jun 2009 to Oct 2009, GSB only launched 2 small projects. GSB has no other significant profitable business apart from that two projects. They are able to turn around GSB from a loss making company into a profit making company with just 2 small projects mentioned above. By just looking at projects in the pipeline, each of the 5 projects is easily bigger than both 2 past project combined in terms of value, can you imagine how much GSB will grow in the near future with the 5 bigger projects in the pipeline with very high possibilities that they will secure more projects futher down the road.



Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: O'NiJ on August 01, 2011, 05:21:00 PM
Predator the GREAT FAKE SHARK actually a little ***** has spoken
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 05:21:29 PM
some typo errors... here it is again

----

Before I go off, let me show you this summary again... surely it will tell you GSB wont be a 10sen share for very long, the days are coming nearer where it will cross 20sen and beyond. Since you are reading this message, dont waste this oppurtunity... grab it while you still can at this cheap.

PAST property projects, 2 small property projects
1. Laman Ara Utama in Bandar Utama ( Jun 2009  - 44 units condo ) - Completed, pending hand-over
2. Courtyard Villa - Phase 11 of Taman Bentong Makmur ( Oct 2009  - 54 units double storey link house ) - No new progress info, should be completing anytime now.

FUTURE property projects, 5 much-much larger projects
1. Taman Bentong Makmur ( Phase 12, Phase 13, Phase 14, Phase 15 and Phase 16 ) - balance 36 acres
2. Riverville Bentong ( 120 DSL, 64 SD, 16 B ) - 20 acres
3. JV Project with Restu Angkasa Sdn Bhd - Bukit Utama Bentong ( 233 DSL, 34 SD, 80 B ) - 52 acres

4. JV Proiect with Project Start Sdn Bhd - Kelana Jaya Prime Land ( pending announcement ) - 1 acre
5. Klang ( pending announcement ) - 6 acres

6. more to come... because not even half way through the financial year.. they already secured two new projects, project 4. and 5. into GSB.

Note:
From Jun 2009 to Oct 2009, GSB only launched 2 small projects. GSB has no other significant profitable business apart from that two projects. They are able to turn around GSB from a loss making company into a profit making company with just 2 small projects mentioned above. By just looking at projects in the pipeline, each of the 5 projects is easily bigger than both 2 past project combined in terms of value, can you imagine how much GSB will grow in the near future with the 5 bigger projects in the pipeline with very high possibilities that they will secure more projects futher down the road.

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Guesst on August 01, 2011, 05:28:22 PM
Predator is having such a great time here... wonder if he invests in any counter??? Or just enjoy clowning around??? :D :D :) :)
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Accerd on August 01, 2011, 05:40:17 PM
I give John another 1 month if the stock still 10cent or below, I think he will jump loh...tied up on this stock so long and miss all the good stuff out there ler.

Worth the effort and patient meh
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: bursa superman on August 01, 2011, 05:47:51 PM
what price worth to buy gsb????
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: SUPERDADDY on August 01, 2011, 05:52:51 PM
Latest announcement, Gan Boon Kat replace Gan Pik Mui as member of audit committee. Gan Boon Kat is the eldest brother of Gan Pik Mui.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: SUPERDADDY on August 01, 2011, 06:03:15 PM
Gan Pik Mui redesignated from non exec director to be Group Managing Director while husband Jeffrey is the Group Chairman. It seems something is brewing in the Group with young blood injected to top management positions . Cheers to all on the boat!!! :thumbsup: :handshake: :handshake: :handshake: :thumbsup:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on August 01, 2011, 06:08:27 PM
Gan Pik Mui redesignated from non exec director to be Group Managing Director while husband Jeffrey is the Group Chairman. It seems something is brewing in the Group with young blood injected to top management positions . Cheers to all on the boat!!! :thumbsup: :handshake: :handshake: :handshake: :thumbsup:

What's that to brew ? It look like the anak of Sima Gan need some pocket monies mah....so instead of Senior Gan payout from his pocket...he appoint...them as Directors of GSB....! So GSB pay loh...!

Manyak pandai loh...! SIMA GAN big conman loh...! Minority shareholder kena bayar loh...!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: bursa superman on August 01, 2011, 06:10:43 PM
is gsb worth to buy????
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: tajudinhelmikari on August 01, 2011, 06:43:57 PM
Predator is having such a great time here... wonder if he invests in any counter??? Or just enjoy clowning around??? :D :D :) :)

Where got money :phew: :phew: :phew: :phew:
Got only limited time left :phew: :phew: :phew:
Every day time is killing him slowly :D :D :D :D
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 08:07:25 PM
Wow!!! this is really getting serious.  Andrea Gan is now in charge of GSB. This is what we want to see :) Someone with direct experience with SIMA GROUP since childhood in charge of day to day operations of GSB. Andrea Gan is the daugther of SIMA GROUP Chairman daughter.

Gan Pik Mui redesignated from non exec director to be Group Managing Director while husband Jeffrey is the Group Chairman. It seems something is brewing in the Group with young blood injected to top management positions . Cheers to all on the boat!!! :thumbsup: :handshake: :handshake: :handshake: :thumbsup:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 08:12:07 PM
What's that to brew ? It look like the anak of Sima Gan need some pocket monies mah....so instead of Senior Gan payout from his pocket...he appoint...them as Directors of GSB....! So GSB pay loh...!

Manyak pandai loh...! SIMA GAN big conman loh...! Minority shareholder kena bayar loh...!

you obviously dont know what you are talking about. When things like this happen means a major shake-up is going to happen. Chances of merger between SIMA GROUP and GSB becomes even more likely. If that happens, I dont know how those who are still not onboard is going to chase GSB shares.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 08:13:01 PM
is gsb worth to buy????

of cos it is worth to buy, buy how and hold on to it until end of this financial year.. minimum also you will see your money doubled... if can keep longer, you will make a fortune out of it.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 08:17:34 PM
Wow!!! this is really getting serious.  Andrea Gan is now in charge of GSB. This is what we want to see :) Someone with direct experience with SIMA GROUP since childhood in charge of day to day operations of GSB. Andrea Gan is the daugther of SIMA GROUP Chairman daughter.


Read this again,

http://www.theedgemalaysia.com/property/175417-city-a-country-sima-group-banks-on-sincerity-to-grow.html

Since her youth, Andrea has known she would one day be part of the family business. “I just knew from the start that I would surely end up here. When I was still in school, my father would take me to his office and I would hang around and learn,” she says. She holds a Masters in Management as well as a degree in Accounting. She had a short working stint with KPMG while working towards her Association of Chartered Certified Accountants (ACCA) qualification before going to work in the UK. She came back to Malaysia in 1999 and joined Sima.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 10:02:04 PM
Wow!!! this is really getting serious.  Andrea Gan is now in charge of GSB. This is what we want to see :) Someone with direct experience with SIMA GROUP since childhood in charge of day to day operations of GSB. Andrea Gan is the daugther of SIMA GROUP Chairman daughter.


This is a very very good news for GSB, because now we have someone with alot of property development experience to be the Managing Director, when you have Managing Director who is familair with property development, easier to get deals done.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: alexc8 on August 01, 2011, 10:03:20 PM
no money sure rights coming up, how to up?
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: iiinvestsmart on August 01, 2011, 10:10:38 PM
Time and Sales
01 Aug
29 Jul
    
Type
Last Done
Change
Volume ('000)
Total
Change
16:50:08   Sell Down   0.105   0.005   70.0   60.0
15:16:41   Sell Down   0.100   0.000   10.0   -10.0
11:15:51   Sell Down   0.100   0.000   20.0   0.0
10:23:38   Sell Down   0.100   0.000   20.0   10.0
10:23:38   Sell Down   0.100   -0.005   10.0   0.0
09:00:08   Sell Down   0.105   0.105   10.0   10.0

Total of 140,000 shares transacted averaging 0.10 per share.
Amount transacted = $14,000 for today.   :speechless:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 10:15:13 PM
no money sure rights coming up, how to up?

Who says no money, GSB cash on hand even after the purchase of land in Klang RM8 million, their cash on hand is still more than 3 times larger than their bank borrowings. RM8 million vs RM2.455 million bank borrowings. There will be alot of money coming back from 2 completing property projects, Laman Ara Utama and Courtyard Villa.

Rights issue is something that will happen sooner or later in order to fuel their growth. GSB since listing has not even receive a single sen from shareholders since they are not listed via the normal IPO, they are listed via a backdoor listing, normally upon listing they normally issue shares... again GSB has not done it. It has been 4 years already, still not a single sen is raised from KLSE. Not a single listed company in KLSE that has never raise funds from investors... GSB is probably the only one.

Before they can do rights issue, GSB share price cannot remain at 10sen... if at 10sen, they will not be able to raise much money, so they will either have to boost the share price higher by pure business performance... or they can accelerate the process by injecting projects from SIMA GROUP into GSB. GSB share price must go up higher.

Rights issue or not, GSB will not stay as cheap as 10sen for very long, potential are simply massive.

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 10:16:07 PM
because too many stupid people still dont want to grab GSB shares.

Time and Sales
01 Aug
29 Jul
    
Type
Last Done
Change
Volume ('000)
Total
Change
16:50:08   Sell Down   0.105   0.005   70.0   60.0
15:16:41   Sell Down   0.100   0.000   10.0   -10.0
11:15:51   Sell Down   0.100   0.000   20.0   0.0
10:23:38   Sell Down   0.100   0.000   20.0   10.0
10:23:38   Sell Down   0.100   -0.005   10.0   0.0
09:00:08   Sell Down   0.105   0.105   10.0   10.0

Total of 140,000 shares transacted averaging 0.10 per share.
Amount transacted = $14,000 for today.   :speechless:
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: MoneyMagnet on August 01, 2011, 10:18:56 PM
because too many stupid people still dont want to grab GSB shares.


some people are stupid to buy this counter, and some are not ... UYAFR, please give up la ...
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 10:21:50 PM
some people are stupid to buy this counter, and some are not ... UYAFR, please give up la ...

This company is for real lor... open your eyes big and see. Evidence are poping up everywhere, never before I am so confident.


Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on August 01, 2011, 10:23:21 PM
What's that to brew ? It look like the anak of Sima Gan need some pocket monies mah....so instead of Senior Gan payout from his pocket...he appoint...them as Directors of GSB....! So GSB pay loh...!

Manyak pandai loh...! SIMA GAN big conman loh...! Minority shareholder kena bayar loh...!
He...he...he...! Gan family steal monies from GSB........John say it is a good deal loh....!
The whole board of GSB or consist of GAN family loh.....Sima gan, daughter,son and then son in law loh....!
GSB have to pay buta loh....!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 10:27:41 PM
Cut the *|t lah stockraider... SIMA GROUP is one of the most trustworthy company around proven for the past 40 years. This is the most evil thing you ever said about anyone. By tarnishing someones good name without any proof or evidence. Stockraider, you better to and rot in hell.

He...he...he...! Gan family steal monies from GSB........John say it is a good deal loh....!
The whole board of GSB or consist of GAN family loh.....Sima gan, daughter,son and then son in law loh....!
GSB have to pay buta loh....!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: iiinvestsmart on August 01, 2011, 10:28:12 PM
because too many stupid people still dont want to grab GSB shares.


Perhaps, there are no more newbies entering this stock.  :)
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 10:30:33 PM
There is not a single evidence that GAN family has cheated a single sen from GSB shareholders. From what I see, GSB shareholders has benefit so much from them instead. Without the SIMA GROUP, do you think there will be a GSB ? ( formally known as SMSUMMIT ). SMSUMMIT would have been bankrupt and delisted already if not because of SIMA GROUP. It is the SIMA GROUP that SMSUMMIT shareholders and today GSB shareholders will have a hope to make it really big.

Cut the *|t lah stockraider... SIMA GROUP is one of the most trustworthy company around proven for the past 40 years. This is the most evil thing you ever said about anyone. By tarnishing someones good name without any proof or evidence. Stockraider, you better to and rot in hell.

Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 10:33:57 PM
Perhaps, there are no more newbies entering this stock.  :)

Actually you and stockraider are the biggest fool around in this forum. Both of you know very well GSB will make it really big anytime from now. Both of you will be a laughing stock soon, both of you will lose all your credibilty, you also know vey well that GSB will surely shoot past 20sen and beyond when more and more projects starts to roll in.

I am amazed with your effort to bring down GSB, just hoping to buy cheaper by 0.5 or 1 sen... you are willing to scarifice your reputation and risk of missing the boat completely.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: iiinvestsmart on August 01, 2011, 10:35:07 PM
Cut the *|t lah stockraider... SIMA GROUP is one of the most trustworthy company around proven for the past 40 years. This is the most evil thing you ever said about anyone. By tarnishing someones good name without any proof or evidence. Stockraider, you better to and rot in hell.


Dearest Andrea Gan,

I am very certain you are following this thread.  Well, your company quickly responded when the discussion of your latest announcement in Investlah forum touched on related party transactions.  

Please manage GSB with integrity.  Do not be influenced with trying to move the company stock price in the stock market.  Just focus on the business of GSB, and the share price will take care of itself.

Many thanks.

xxxx

 :)
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 10:35:59 PM
Stockraider even to to the extend trying to tarnish people good name, which has been proven for the past 40 years... without a single piece of proof. Also known in fitnah... typical BN mentality.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: johnmaster on August 01, 2011, 10:38:20 PM
They dont need your advice lah *****... they know exactly what to do. They have been in this industry for the past 40 years. You are just like a small kid who are learning how to write, teaching an adult who has been writing all his life how to write. Please stop making a fool out of yourself, thinking you know more than Andrea Gan.

Dearest Andrea Gan,

I am very certain you are following this thread.  Well, your company quickly responded when the discussion of your latest announcement in Investlah forum touched on related party transactions.  

Please manage GSB with integrity.  Do not be influenced with trying to move the company stock price in the stock market.  Just focus on the business of GSB, and the share price will take care of itself.

Many thanks.

xxxx

 :)
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: iiinvestsmart on August 01, 2011, 10:42:45 PM
They dont need your advice lah *****... they know exactly what to do. They have been in this industry for the past 40 years. You are just like a small kid who are learning how to write, teaching an adult who has been writing all his life how to write. Please stop making a fool out of yourself, thinking you know more than Andrea Gan.


Perhaps Andrea Gan has got my message already.   :)
See how there are those who are more focused on the share price than the actual business fundamentals of GSB, for self-serving reasons.  :(
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on August 01, 2011, 10:45:39 PM
What's that to brew ? It look like the anak of Sima Gan need some pocket monies mah....so instead of Senior Gan payout from his pocket...he appoint...them as Directors of GSB....! So GSB pay loh...!

Manyak pandai loh...! SIMA GAN big conman loh...! Minority shareholder kena bayar loh...!
He...he...he...! Gan family steal monies from GSB........John say it is a good deal loh....!
The whole board of GSB or consist of GAN family loh.....Sima gan, daughter,son and then son in law loh....!
GSB have to pay buta loh....!

Stupid Sima Gan loh...! Put all the families member into board of GSB....but bentong still no income loh....!
Sima hold bentong 20 yrs n GSB hold 4yrs.....bentong still no income loh...!
Veri stupid loh....!
Run by conman loh....!
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: stockraider on August 01, 2011, 10:50:39 PM
Dear Andrea Gan,

I apologise for the not-so-smart people in this thread who don't even know how to read company announcements, or the property market and the housing development business.

But then again, if they were really smart they would be running their own large companies or having great jobs. That's why the best they can do is to hang around this thread the whole day and make fun of real hardworking people and genuine investors.

cheers



Dear Andrea,

U have been running GSB for 4 yrs....how come the latest QTR still lose monies loh...!?
How come your stupid Bentong project no income loh....!?
Why still buy all the useless land n all the cash of GSB had been sapu ?
How come your profit margin from property development is less than kacang putih margin ?
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: Sense-maker on August 01, 2011, 11:15:54 PM
I just read GSB's 2007 annual report, the son-in-law, Jeffery, was already at the helm at least since 2007. His wife and brother in law were then non-executive directos. The new name of GSB was adopted in 2007 as mr Gan Seng Biang and Lim YH acting in concert controlled 30% of the company, surpassing Suria Bitara S/B who held 20% as at end of 2007. He slowly got Gan's family to continue buying more shares in this company. Beginning 2008, slowly but surely, Kenneth Vun, the largest shareholder, and a few others began losing the executive directorship. Gan's family members then took charge. It seems this is a case of change in major shareholders as Gan's family members acted in concert to take control of the company via share accumulation. It is not a case of backdoor listing. Interestingly, most shares of Gan's family are pledged to banks. All the 3 young Gan and son-in-law are accountants. I suppose JM has told the world the above already as he really can claim the best award of salesman for GSB projecting 20sen a share for this unsinkable boat of GSB.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: bengram on August 01, 2011, 11:25:40 PM
Well, that is a long posting... I can see the overall post is negative, that is why iinvestsmart so happy about this post. I respect your point of view but I want to explain my point of view also. It will give the reader something to think about with opposing views.


Don't get me wrong JM. I'm still quite positive about GSB. Otherwise, I wouldn't have included it in my portfolio as well. The odds of this company succeeding appears to be higher than the odds of it failing. And reading more and more positive developments and announcements on GSB makes me (and fellow shareholders) really happy and comforting because we are seeing value-added activities being taken by management.

As for my concerns, they are just general risks that probably just apply to me alone. These concerns would gradually disappear as time goes by, especially when better and better results get announced in the future (hopefully). The new accounting standard may affect the timing on when profit can be reported for the property development segment (i.e at the end of the project), so to counter this, I really hope the other segment (optical disc segment) do well. This fluctuation in property segment profits may not be a big concern because eventually, those of us who know how many projects this company has, and are able to estimate the profits from each new project, will be able to know how much this company is worth by the end of the project period, and start assigning a value to it now.

As for Sima's relationship - You're right about the fact that without Sima, GSB will still be SMSummit - a failing Casette/CD manufacturer. In fact, without Sima as the backbone, I don't think I would have touched GSB. Meanwhile, with Sima's current relationship as being a company with common directors in GSB (and not being GSB's parent/subsidiary), I feel that minority shareholders of GSB are in a vulnerable position (e.g the family can always keep profitable projects within Sima, and let GSB take the lousy projects. Alternatively, it can choose to keep 9 profitable projects within Sima, and let GSB take only 1 profitable project, instead of letting GSB take all the 10 projects identified, for example). Let's hope Sima manages this conflict of interest as fair as possible.
Title: Re: GSB Group Berhad ( 7077 ) - The Ultimate Hidden Gem - V9
Post by: tajudinhelmikari on August 01, 2011, 11:26:26 PM