Buy Or Sell Opportunity • Jun 24
Now 27% undervalued The stock has been flat over the last 90 days, currently trading at S$0.004. The fair value is estimated to be S$0.0054, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 42% over the last 3 years. Earnings per share has declined by 40%. Buy Or Sell Opportunity • May 29
Now 31% undervalued Over the last 90 days, the stock has risen 25% to S$0.005. The fair value is estimated to be S$0.0072, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 42% over the last 3 years. Earnings per share has declined by 49%. Reported Earnings • May 14
First quarter 2026 earnings released First quarter 2026 results: Net loss: RM1.27m (loss widened 60% from 1Q 2025). Board Change • Apr 06
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Independent Non-Executive Chairman Thean Lim was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Jan 29
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Independent Non-Executive Chairman Thean Lim was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 12
Third quarter 2025 earnings released Third quarter 2025 results: Net loss: RM2.46m (loss widened 1.4% from 3Q 2024). Board Change • Aug 15
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Independent Non-Executive Chairman Thean Lim was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 13
First quarter 2025 earnings released First quarter 2025 results: Net loss: RM793.0k (loss narrowed 66% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings. Board Change • May 13
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Independent Non-Executive Chairman Thean Lim was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 17
Full year 2024 earnings released: RM0.007 loss per share (vs RM0.003 profit in FY 2023) Full year 2024 results: RM0.007 loss per share (down from RM0.003 profit in FY 2023). Net loss: RM8.85m (down 291% from profit in FY 2023). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 43% per year, which means it is significantly lagging earnings. Tillkännagivande • Apr 14
GCCP Resources Limited, Annual General Meeting, Apr 30, 2025 GCCP Resources Limited, Annual General Meeting, Apr 30, 2025, at 14:00 Singapore Standard Time. Location: temasek club, 131 rifle range road, level 3, brani room, singapore 588406, Singapore Tillkännagivande • Mar 17
GCCP Resources Limited has completed a Follow-on Equity Offering in the amount of SGD 0.882015 million. GCCP Resources Limited has completed a Follow-on Equity Offering in the amount of SGD 0.882015 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 176,402,976
Price\Range: SGD 0.005
Transaction Features: Subsequent Direct Listing Tillkännagivande • Jan 16
GCCP Resources Limited has filed a Follow-on Equity Offering in the amount of SGD 0.882015 million. GCCP Resources Limited has filed a Follow-on Equity Offering in the amount of SGD 0.882015 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 176,402,976
Price\Range: SGD 0.005
Transaction Features: Subsequent Direct Listing New Risk • Sep 11
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -RM8.8m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-RM8.8m free cash flow). Revenue is less than US$1m (RM845k revenue, or US$195k). Market cap is less than US$10m (S$9.50m market cap, or US$7.30m). Reported Earnings • May 15
First quarter 2024 earnings released First quarter 2024 results: Net loss: RM2.35m (loss narrowed 4.0% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Board Change • May 10
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Independent Non-Executive Chairman Thean Lim was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Apr 13
GCCP Resources Limited, Annual General Meeting, Apr 30, 2024 GCCP Resources Limited, Annual General Meeting, Apr 30, 2024, at 14:00 Singapore Standard Time. Location: Temasek Club, 131 Rifle Range Road, Level 3, Brani Room Singapore Singapore Agenda: To receive and adopt the Directors' Statement and Audited Financial Statements for the financial year ended 31 December 2023 together with the Independent Auditors' Report thereon; to approve re-election of Mr. Yang Zheng as a Director of the Company; to approve re-election of Datuk Lim Thean Shiang as a Director of the Company; to approve Directors' fees amounting to S$120,000/- for the financial year ending 31 December 2024, payable quarterly in arrears; to approve re-appointment of Messrs Baker Tilly TFW LLP as the Auditors of the Company; to approve authority to issue shares; to issue shares under the GCCP Employee Share Option Scheme; and to issue shares under the GCCP Performance Share Plan. Board Change • Mar 06
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Independent Non-Executive Chairman Thean Lim was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 24
Full year 2023 earnings released: EPS: RM0.003 (vs RM0.005 loss in FY 2022) Full year 2023 results: EPS: RM0.003 (up from RM0.005 loss in FY 2022). Net income: RM4.68m (up RM11.1m from FY 2022). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Board Change • Feb 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Independent Non-Executive Chairman Thean Lim was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 06
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Independent Non-Executive Chairman Thean Lim was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 10
Third quarter 2023 earnings released: RM0.002 loss per share (vs RM0.001 loss in 3Q 2022) Third quarter 2023 results: RM0.002 loss per share (further deteriorated from RM0.001 loss in 3Q 2022). Net loss: RM3.03m (loss widened 112% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 16
Second quarter 2023 earnings released: EPS: RM0.008 (vs RM0.001 loss in 2Q 2022) Second quarter 2023 results: EPS: RM0.008 (up from RM0.001 loss in 2Q 2022). Net income: RM10.4m (up RM12.0m from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. New Risk • Jul 12
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: S$12.2m (US$9.13m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-RM754k free cash flow). Shares are highly illiquid. Market cap is less than US$10m (S$12.2m market cap, or US$9.13m). Minor Risk Revenue is less than US$5m (RM6.9m revenue, or US$1.5m). New Risk • Jun 24
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -RM754k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-RM754k free cash flow). Shares are highly illiquid. Minor Risks Revenue is less than US$5m (RM6.9m revenue, or US$1.5m). Market cap is less than US$100m (S$14.9m market cap, or US$11.0m). Reported Earnings • May 14
First quarter 2023 earnings released First quarter 2023 results: Revenue: RM488.0k (down 76% from 1Q 2022). Net loss: RM2.45m (loss widened 47% from 1Q 2022). Reported Earnings • Feb 23
Full year 2022 earnings released: RM0.005 loss per share (vs RM0.006 loss in FY 2021) Full year 2022 results: RM0.005 loss per share (improved from RM0.006 loss in FY 2021). Revenue: RM8.42m (up 41% from FY 2021). Net loss: RM6.51m (loss narrowed 20% from FY 2021). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Nov 11
GCCP Resources Limited Announces Change of Company Secretary The board of directors of GCCP Resources Limited announced the appointment of Ms Eunice Hooi as the Company Secretary, in place of Mr. Chester Leong, with immediate effect. The Board also wishes to take this opportunity to thank Mr. Chester Leong for his past services rendered during his tenure as Company Secretary. Reported Earnings • Apr 17
Full year 2021 earnings released: RM0.006 loss per share (vs RM0.008 loss in FY 2020) Full year 2021 results: RM0.006 loss per share (up from RM0.008 loss in FY 2020). Net loss: RM8.12m (loss narrowed 11% from FY 2020). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Apr 14
GCCP Resources Limited, Annual General Meeting, Apr 29, 2022 GCCP Resources Limited, Annual General Meeting, Apr 29, 2022, at 14:00 Singapore Standard Time. Agenda: To consider receive and adopt the directors' statement and audited financial statements for the financial year ended 31 December 2021 together with the independent auditors' report thereon; to re-election of directors; to approval of Directors' fees amounting to SGD 160,000 for the financial year ending 31 December 2022 to be paid quarterly in arrears; to re-appointment of Messrs Baker Tilly TFW LLP as Auditors; to Authority to allot and issue shares; and to consider other matter. Reported Earnings • Feb 24
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: RM0.006 loss per share (up from RM0.008 loss in FY 2020). Net loss: RM8.12m (loss narrowed 11% from FY 2020). Revenue was in line with analyst estimates. Board Change • Dec 02
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Non-Executive Director Zheng Yang is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Nov 15
Third quarter 2021 earnings released: RM0.002 loss per share (vs RM0.001 loss in 3Q 2020) Third quarter 2021 results: Net loss: RM2.96m (loss widened 92% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • May 09
First quarter 2021 earnings released First quarter 2021 results: Net loss: RM1.93m (loss widened 18% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Mar 04
Insider recently bought S$152k worth of stock On the 2nd of March, Soon Foo Lim bought around 12m shares on-market at roughly S$0.012 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought S$366k more in shares than they have sold in the last 12 months. Reported Earnings • Mar 03
Full year 2020 earnings released: RM0.008 loss per share (vs RM0.008 loss in FY 2019) Full year 2020 results: Net loss: RM9.11m (loss narrowed 1.0% from FY 2019). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Tillkännagivande • Nov 13
GCCP Resources Limited Announces Executive Changes The board of directors of GCCP Resources Limited announced the appointment of Mr. Chester Leong as the company secretary, in place of Ms. Marilyn Tan Lay Hong, with immediate effect. Tillkännagivande • Nov 10
GCCP Resources Limited Announces Executive Changes GCCP Resources Limited announced that Mr. Pay Cher Wee has relinquished his position as the Independent Non-Executive Chairman of the company with effect from November 09, 2020 and remains as the Lead Independent Director of the company. He also remains as the Chairman of the Audit Committee and a member of the Nominating Committee and the Remuneration Committee. The company also announced the appointment of Datuk Lim Thean Shiang as the Independent Non-Executive Chairman of the company in place of Mr. Pay. Following his appointment, he has also been appointed as a member of the AC, the NC and the RC respectively. 
