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4,238 comment(s). Last comment by STEADYBOMBIBI85 at Jan 19, 2021 1:18 AM
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TripleH
27 posts

Posted by TripleH > Jan 15, 2021 5:13 PM | Report Abuse

JFTECH, 1 for 3 bonus and 2 warrants! hop up before too late!


Bgt 9963
501 posts

Posted by Bgt 9963 > Jan 15, 2021 5:19 PM | Report Abuse

Tech stock to take over gloves stock this year...!


GooShen
4167 posts

Posted by GooShen > Jan 15, 2021 5:57 PM | Report Abuse

6.02 to 5.71, -5.04%
Sky fallen down
Proven I am excellent GooShen


pang72
41092 posts

Posted by pang72 > Jan 16, 2021 10:19 AM | Report Abuse

Where got fall down?
EV car still no stopped production


ikanbilisjerungwnabe
313 posts

Posted by ikanbilisjerungwnabe > Jan 16, 2021 12:39 PM | Report Abuse

from article saying they are supplying to nasqad pickup electric car lordstown. Tesla involve too?


Toplove888
146 posts

Posted by Toplove888 > Jan 16, 2021 6:04 PM | Report Abuse

President Favor or not favour TECH still lead the world ...


James Ng
2059 posts

Posted by James Ng > Jan 16, 2021 6:54 PM | Report Abuse

https://klse.i3investor.com/blogs/general/2021-01-16-story-h1539380356.jsp
[转贴] [Video:浅谈GREATECH TECHNOLOGY BERHAD, GREATEC, 0208] - James的股票投资James Share Investing


investortrader88
2218 posts

Posted by investortrader88 > Jan 17, 2021 5:25 PM | Report Abuse

http://on.forbes.com/6189HXIGU



COURTESY OF GREATECH TECHNOLOGY.
More From Forbes
Mickey Mantle Rookie Card Sells For A Record


Surging demand for electric vehicles and solar energy is proving to be a double boon for low-profile Malaysian entrepreneur Tan Eng Kee, cofounder and CEO of Penang-based Greatech Technology. The company, which makes industrial automation equipment for a variety of different manufacturers, saw its shares jump 330% in the past year, propelling Tan into the billionaires club with a net worth of just over $1 billion.


“Renewable energy and electric vehicles are hot now,” says Tan, 50, who established the business in 1997 with his school buddy Khor Lean Heng, who now serves as Greatech’s COO. “They have boosted our profitability.”

Sales for the nine months ended September 30, 2020 were up 17% to 184.78 million ringgit ($44.44 million), while net profit jumped 64% to 59.338 million ringgit ($14.27).

Greatech makes automated equipment for production lines for a host of manufacturers–from medical device makers to renewable energy producers to semiconductor companies. The company, which gets more than 50% of its business from international markets, primarily the U.S, has a list of marquee clients including Lordstown Motors, a manufacturer of electric pick-up trucks in Ohio, and Arizona-headquartered First Solar, which makes solar energy systems


Greatech’s more notable products include a robotic hand for placing solar modules in a production line; equipment for handling solar wafers on a production line, and an automated measuring device for smartphones.

As it migrated from making single automation equipment to producing entire production lines and as it won more orders from clients like Panasonic and First Solar, the company’s annual revenue and net profit rose ten-fold between 2015 and 2019, the year when Tan decided to list Greatech on the Kuala Lumpur stock exchange.


In October, Kuala Lumpur’s Public Investment Bank projected that Greatech’s revenue was poised to grow at a compounded rate of 47.5% over the next three years “Greatech is well positioned to capture the growth in the solar photo voltaic segment through its indirect exposure via First Solar, by supplying more production lines to First Solar,” wrote Chua Siu Li, an analyst at the bank, who authored the October research report.

Meanwhile, Tan, who is often referred to as EK, is taking his newly acquired billionaire status in stride. “I never had dreams of becoming a billionaire,” he says. “I did not expect this at all. I have a simple life–I come to the office; do my job and I go home. Nothing changes because of this.”

Tan grew up in Penang in what he describes as a “poor family,” the only son among four children. His father, who was a cab driver, died when Tan was just 13, forcing him to take on more responsibilities at a young age. At 16, he was working part-time after school at a bakery.

Tan went on to earn a certificate in mechanical engineering in 1991, and began working as a production planner for a precision tooling company. Two years later, he borrowed 10,000 ringgit from his mother, and set up Greatech (M) Sdn Bhd to make components for engineering equipment. He enlisted a friend to help him with marketing, and in 1995, convinced his school pal Khor Lean Heng to join him, too. But in 2001, Tan wound up the company.


Meanwhile, in 1997, he started a new outfit with Khor–Greatech Integration–to produce semi-automated and automated equipment for the consumer electronics sector. Greatech expanded into the semiconductor industry in 2002, and to the solar sector in 2010.

Tan says that while there was some downtime during Malaysia’s pandemic-induced lockdown, the company’s eight factories are now all up and running again. “Our business is getting stronger,” says Tan, who’s gearing up for further growth.

In December, Greatech expanded its capacity when it opened a new assembly plant in Batu Kawan and is currently looking to buy more land in an industrial park nearby. Greatech also opened its first office in the U.S.– a testing facility in Michigan–in the third quarter of 2020 for its electric vehicle customers. A couple more such offices will open in the third quarter of this year in Illinois and Arizona. Tan also plans to establish an office in Germany by the third quarter of 2021 and expand further into Europe and India.

Tan is upbeat: “We will benefit from the importance being placed on ESG (environmental, social and governance) as companies move toward achieving zero-carbon status,” he says.


Aquarius67
13 posts

Posted by Aquarius67 > Jan 18, 2021 7:21 AM | Report Abuse

https://www.investors.com/news/ev-stocks-lordstown-hits-orders-milestone-faraday-in-talks-to-go-public/


Aquarius67
13 posts

Posted by Aquarius67 > Jan 18, 2021 7:25 AM | Report Abuse

Greatec battery segments manufacture for Lordstown


pang72
41092 posts

Posted by pang72 > Jan 18, 2021 8:41 AM | Report Abuse

.... Electric booming...


Bgt 9963
501 posts

Posted by Bgt 9963 > Jan 18, 2021 8:50 AM | Report Abuse

Greatec...fly to greater height...!


apolloang
17896 posts

Posted by apolloang > Jan 18, 2021 8:56 AM | Report Abuse

potato pang is here also ar? hahaha


GooShen
4167 posts

Posted by GooShen > Jan 18, 2021 9:14 AM | Report Abuse

Quite heavy drop now
Good luck to those chase high


richcares
1363 posts

Posted by richcares > Jan 18, 2021 9:24 AM | Report Abuse

Aiyo, gooshen


pang72
41092 posts

Posted by pang72 > Jan 18, 2021 9:27 AM | Report Abuse

Gooshen + Apollo... Bro of tech stock complaint...

Haha.. Both lose till lausai


pang72
41092 posts

Posted by pang72 > Jan 18, 2021 9:54 AM | Report Abuse

Apollo... Complaint la.. Mari


richcares
1363 posts

Posted by richcares > Jan 18, 2021 10:01 AM | Report Abuse

Lausai complaint


apolloang
17896 posts

Posted by apolloang > Jan 18, 2021 10:02 AM | Report Abuse

I no need complain what I do I wait until potato pang hiding then I play his backside....hahaha


pang72
41092 posts

Posted by pang72 > Jan 18, 2021 10:05 AM | Report Abuse

I would not hide lolo


pang72
41092 posts

Posted by pang72 > Jan 18, 2021 10:06 AM | Report Abuse

All the stock you play my backside up till xiao..

Do you know??

Hahaha..


pang72
41092 posts

Posted by pang72 > Jan 18, 2021 10:07 AM | Report Abuse

The stock that I play your backside sure down-hengyuan then Supermx next... 3.50.


foo
175 posts

Posted by foo > Jan 18, 2021 10:12 AM | Report Abuse

《2021年财政预算案》带来的利好消息分析员均认为,政府没有如市场预料般向4大手套厂征收暴利税而是要求相关公司捐献合计4亿令吉供政府购买疫苗和医疗设备。政府今年将拨款10亿令吉推动国内高附加价值科技领域的研究和发展活动受惠的工业区有槟城峇都加湾、吉打居林科技园区内的航天和电子领域。基于政府拨款1亿5000万令吉支持中小企业迈向数码科技,大众投行分析员认为,阁代科技(GREATEC,0208,科技股)可从该措施获利,因阁代科技在上述两科技园区内均有厂房。维毅集团(ISTONE,0209,科技股)、MMS创投(MMSV,0113,科技股)、腾达科技(PENTA,7160,科技股)和伟特科技(V I T R O X,0097,科技股)这些自动化解决方案供应商会是受惠公司。


pang72
41092 posts

Posted by pang72 > Jan 18, 2021 10:40 AM | Report Abuse

Apollo.. Mari chase lolo...

Cut lose Supermx....

Haha


apolloang
17896 posts

Posted by apolloang > Jan 18, 2021 10:45 AM | Report Abuse

I no chase I wait till u cut your kuku then I buy your backside....hahaha


pang72
41092 posts

Posted by pang72 > Jan 18, 2021 10:54 AM | Report Abuse

Mari buy my backside.
I shout every day huat here


apolloang
17896 posts

Posted by apolloang > Jan 18, 2021 10:55 AM | Report Abuse

i only wait till you cut your kuku like supermax and hengyuan only i buy your backside.....u no cut i no wanna buy....hahaha


soonheng
206 posts

Posted by soonheng > Jan 18, 2021 11:08 AM | Report Abuse

Manufacturing Test and Automation
Advantages commonly attributed to automation include higher production rates and increased productivity, more efficient use of materials, better product quality, improved safety, shorter workweeks for labour , and reduced factory lead times. Worker safety is an important reason for automating an industrial operation. Worker safety is an important reason for automating an industrial operation. Automated systems often remove workers from the workplace, thus safeguarding them against the hazards of the factory environment. Finally, the time required to process a typical production order through the factory is generally reduced with automation.

Fixed automation , programmable automation and flexible automation.
Industry like electronic devices,semicon ,solar panel,energy storage,Glass Substrate (TFT LCD, OLED) ,automotive, food & beverage, glove and pharmaceutical use Automation application of technology to monitor and control the production and delivery of products and services.


topglove123
122 posts

Posted by topglove123 > Jan 18, 2021 11:33 AM | Report Abuse

Greatec I love u!!!!!!!


dec_12
28 posts

Posted by dec_12 > Jan 18, 2021 2:19 PM | Report Abuse

Fly ...


MelonCheng
9 posts

Posted by MelonCheng > Jan 18, 2021 4:12 PM | Report Abuse

I am a beginner - would like to know what is the impact to the share price or the company when we see EPF acquires or dispose?


pang72
41092 posts

Posted by pang72 > Jan 18, 2021 4:40 PM | Report Abuse

Apollo...
Lembik..
Sure can't not play la..

I fly first


apolloang
17896 posts

Posted by apolloang > Jan 18, 2021 5:01 PM | Report Abuse

this I no want.....I want u cut kuku one only like hengyuan,supermax,pohkong and lionking…..hahaha


rocky_88
852 posts

Posted by rocky_88 > Jan 18, 2021 5:07 PM | Report Abuse

greatec will follow jftech and dufu tomorrow hehe.. slow and steady


pang72
41092 posts

Posted by pang72 > Jan 18, 2021 5:46 PM | Report Abuse

Be tight tight will do on all tech counter


Mabel
10924 posts

Posted by Mabel > Jan 18, 2021 7:43 PM | Report Abuse

Today I Sapu two tranches of Revenue shares already

My Inari are up

Greatec are up

MYEG are up

Penta are up

VS Industry are up..

Technology Stocks is a clear winner in Week 2.

Stay Invested!

Meow Meow Meow


Bgt 9963
501 posts

Posted by Bgt 9963 > Jan 18, 2021 8:21 PM | Report Abuse

Hoot9e....!


STEADYBOMBIBI85
543 posts

Posted by STEADYBOMBIBI85 > Jan 19, 2021 1:18 AM | Report Abuse

Is d&o the next greatec or never gonna happen ?

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