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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Glbal Lck Grp | GLOK | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 1.125 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 1.125 | 1.125 |
| Top Posts |
|---|
Posted at 27/9/2013 11:55 by fillipe Quite a turn around at GLOK and a good video presentation - thanks sammy.Currently the share price is about 82% down from their 2010 high and looking as though they may start to move up again as the newsflow continues to improve. I'm now in here, having been a lurker for the last 3yrs. f |
Posted at 27/9/2013 10:14 by sammy_smith Audio webcast (GLOK) Global Lock Safety - Interim results for the six months ended 30 June 2013 Click the link below to listen |
Posted at 24/7/2011 12:23 by masurenguy RNS Number : 3689J Global Lock Safety (Intl) Grp CoLtd 30 June 2011 Final results - Highlights: - Revenue for the year RMB 21.65m (an increase of 152% over 2009's RMB 8.6m) - Loss for year RMB 3.29 m (2009: loss of RMB 0.59m) - Net assets (including minority interests) of RMB 59.00m (2009: RMB 51.8m) - Cash and cash equivalents RMB 7.95m (2009: RMB 1.92m) - Loss per share RMB 0.01 (2009: RMB 0.00) The Board believes the Company to be well placed to capitalise on the rapid increase in prosperity and developing urbanisation of China. The size of the potential market is demonstrated by the fact that more than 400 of the world's most populous 1,000 cities are in China. In order to secure what the Directors believe to be Global Lock's first mover advantage, the Board has developed a franchise solution which will see Global Lock entering into partnership with local entrepreneurs to roll-out the business model to third-tier cities. This franchise model has the potential of securing the investment to fund the establishment and initial working capital requirements of new branches, which has been the biggest brake on the Group's expansion to date. |
Posted at 28/4/2011 12:54 by masurenguy Cheers Sufistrength - interesting extract on GLOK frm GCI ! "Another unusual investment is Global Lock. The retail security specialist, which joined AIM last October in a float that raised £1.9 million, is domiciled in the British Virgin Islands and headquartered in Shenzhen, south China. Although retail security solutions are commonplace in China, Global Lock is one of the first of its kind in China. It claims to offer a tripartite solution to retailers worried about theft or vandalism, providing an alarm service, a quick response security service team and anti-theft insurance through the China Pacific group. Focused mainly on clothing stores, Global Lock claims that its guards can provide a 'sub-five-minute response' for its customers, something it asserts is a 'unique concept' in the Chinese security industry. It explains that it can reach this sub-five-minute target through its various guard response hubs, which are set up in sufficiently close proximity to the stores to arrive in time. Once at a store, they are instructed to call the police and the owner in the case of genuine activation or check if an alarm has been set off by accident. Led by CEO Xuean Yan, a former financial controller of Chemtex Engineering, its board includes Englishman and non-executive director Andrew Gee. He maintains that due to the increased disparity in incomes in China, the company will profit from the rising concern that many Chinese people have about their own security, with future areas of interest including providing security on private housing estates and at schools." NB: Pixtel - it's not the alarm technology that is particularly significant here, it is their business model with the tripartite system of alarm, security response and insurance that represents their potential growth and success here. So far it is early days but the current valuation is way ahead of the fundamentals, which is why I have only put it on my watchlist ! |
Posted at 22/10/2010 11:46 by masurenguy Congratulations to GLOK with their first public UK transaction since yesterdays AIM listing ! A buyer (not me) has invested £1750, plus trading costs, to acquire 10,000 shares at 17.5p. |
Posted at 21/10/2010 11:44 by masurenguy Well the fairly rapid progress that GLOK have made so far, together with their future aspirations, suggest that you have clearly been labouring under a complete misapprehension ! :o) |
Posted at 21/10/2010 10:27 by 2ngawang Thx for thread and will do some research on GLOK. |
Posted at 21/10/2010 07:20 by masurenguy Global Lock Safety (International) Global Lock Co., Ltd, (AIM: GLOK) announces that trading in its Ordinary Shares will commence on AIM today. Allenby Capital Limited is the Nominated Adviser and Broker. Global Lock provides a total anti-theft service for the Chinese retail sector. This service comprises three primary elements: a patented GSM alarm system; a 24 hour security service and guard response; and linked anti-theft insurance. The Directors of Global Lock believe that the company is the only provider of this type of comprehensive integrated security service in the Peoples Republic of China.Security solution The Group's security solution is made up of three core components. The benefit of this combined security solution is that on leaving their premises the owner simply activates the alarm by mobile phone. Whilst set this alarm is monitored 24 hours a day by a local monitoring station. In the event that the alarm is triggered, response guards are dispatched by the local monitoring station to attend the premises and determine whether or not the alarm activation is genuine. In the event that the alarm activation is genuine then the guards will inform the local police and the owner who will attend the premises. If a theft is determined to have occurred, the third aspect of the Group's security solution enables the owner to recover the cost of the stolen stock or possessions by making an insurance claim. Since 2007, the Group has grown significantly to become, what the Directors believe to be, one of the leading security service providers in the PRC. The Group has formed relationships with the following organisations: Jiangsu Nantong Municipal Government. The Directors believe that this relationship is key to raising the Group's profile and the Directors anticipate that the Jiangsu Nantong Municipal Government will assist them in promoting the Group's security solution. On the back of this, the Directors consider that fostering relationships with Government authorities in other provinces will be key to helping to develop and promote the Group's security solution in the future; and Retail trade associations. The Group's main customer base is retail stores and, accordingly, the Directors believe that the relationship cultivated with retail trade industry associations are important to enable the Group to develop its security solution by allowing it to promote its security solution to retail trade industry associations' members. In addition, the Group has also built various strategic partnerships with several leading enterprises in the PRC, including Siemens, China Mobile and China Pacific Insurance (one of China's leading insurers) as well as fostering relationships with professional security companies in the PRC so as to enable it to provide a comprehensive security solution. Market opportunity As at 30 June 2010 the Group had successfully deployed its service in more than 6,000 stores and 50 branch locations around China. The Directors believe that the size of the potential market in China is significant. The Group is targeting opening a further 100 town and city branches and 14 more super branches by the end of 2014 to service China's largest conurbations. The Directors are targeting to have signed up over 500,000 retail customers and 1m residential customers by the end of 2014. These numbers represent only a fraction of the current retail stores market and total Chinese households. For example, by the end of 2008, China had a population of approximately 1,336.3m of which 47% of the population lived in cities. In addition, by the end of 2009, 250 of the world's 1,000 largest cities were in China. There were also a total of 384.8m households in China for the same period and property sales increased 75.5% to RMB 4.4trillion for 2009 when compared with 2008. |
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