Highlights
KLSE: GREATEC (0208)       GREATECH TECHNOLOGY BERHAD MAIN : Technology
Last Price Today's Change   Day's Range   Trading Volume
7.08   +0.18 (2.61%)  6.90 - 7.18  3,904,200
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IPO Info

Key Data:
General Retail Institutional
Offer Period
Opening 13/05/2019 - -
Closing 24/05/2019 - -
Price
Issue Price - - -
Par Value - - -
Units 626,000,000 - -
No of Shares
Public Issue
119,750,000
- -
Offer for Sale
-
- -
Private Placement
91,580,000
- -
Time Table
Allotment Date 12/06/2019 - -
Listing Date 13/06/2019 - -
Issuing House MIH - 597 - -
ISIN Code MYQ0208OO007 - -
Prospectus:
INITIAL PUBLIC OFFERING ("IPO") IN CONJUNCTION WITH THE LISTING OF GREATECH TECHNOLOGY BERHAD ("GREATECH TECHNOLOGY" OR THE "COMPANY") ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") COMPRISING PUBLIC ISSUE OF 119,750,000 NEW ORDINARY SHARES ("SHARES") IN THE FOLLOWING MANNER: 18,780,000 NEW SHARES MADE AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; 9,390,000 NEW SHARES MADE AVAILABLE FOR APPLICATION BY OUR ELIGIBLE DIRECTORS, EMPLOYEES AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF OUR GROUP; 22,720,000 NEW SHARES MADE AVAILABLE BY WAY OF PLACEMENT TO SELECTED INVESTORS; AND 68,860,000 NEW SHARES MADE AVAILABLE BY WAY OF PLACEMENT TO BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY; AT AN ISSUE PRICE OF RM0.61 PER SHARE, PAYABLE IN FULL UPON APPLICATION.
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  3 people like this.
 
wallstreetrookie Nasdaq this week will close high for sure
01/09/2021 11:58 AM
kpowersohai wallstreetrookie, no gamble myeg ka? haha
01/09/2021 1:23 PM
nakata @investortrade88, Hi, may i know how to get this shareholder list ? is it the latest, thanks for your advice
01/09/2021 1:35 PM
ToTheMoon99 Post removed. Why?
01/09/2021 8:56 PM
Zrenxy Greatect crashing back to rm5
01/09/2021 10:27 PM
Cakes Moon Nasdaq break new high, but, greatech drop 10 cents.
01/09/2021 10:30 PM
lsv1977final Almost time to buy in
02/09/2021 7:56 AM
kpowersohai panic selling started early today hahahaha
02/09/2021 9:04 AM
kpowersohai come on sell more, sell cheap ooo
02/09/2021 9:04 AM
kpowersohai mabel, fast2 buy lorrr....cheap now hahhaah
02/09/2021 9:13 AM
kpowersohai plan to enter around 6.5 or below....so u guys sell more ya...please bring down the price lower a bit more haha
02/09/2021 9:24 AM
Mabel Mabel has collected enough of Greatech...

Now buying Parkson ...recovery stocks

Greatech no need to worry...

Very steady stocks...

Meow Meow Meow
02/09/2021 9:28 AM
wallstreetrookie Buy more. Nasdaq super bull before Labour Day
02/09/2021 4:29 PM
wallstreetrookie Nasdaq tonight and tomorrow will have huge green candle. Y'all still wanna sell?
02/09/2021 4:40 PM
warmplayer Friday rebounce.....Great miracle day!!!
02/09/2021 9:03 PM
kpowersohai mana punye rebound??? @warmplayer....... sembunyi mana??
03/09/2021 11:42 PM
newbie2y wow here comes the Great Greatec!
06/09/2021 10:54 AM
wallstreetrookie Greatech remain Overweight Short term price target: RM7.8 Long term price target: RM9.5

Fed taper likely to occur in Spring 2022 according to economists and analyst predictions. Automation demands remain at all time high and there is no signs of a reversion to the mean as the world is currently in one of the biggest tech revolution since 1999-2000. Tech will continue to be the place growth investors want to be in.
06/09/2021 10:56 AM
wallstreetrookie Favourite Malaysia Small and Mid-Cap Companies
06/09/2021 11:03 AM
wallstreetrookie Today US market closed for Labour Day haha
06/09/2021 11:07 AM
troy88 Was never a doubt that Greatec would bounce back. It always does..
06/09/2021 11:23 AM
PureBULL ... The major Tech.Theme.Play is about to restart again.


This is after a purebear period of forming the handle, a shake out process of tut.tut n tok.tok of 4 to 5 weeks.
MPI, D&O, GREATEC would lead the THEME.PLAY.
UNISEM, INARI, then UWC could follow closely...

A strong TECH bull run is expected to mirror the last bull that began in early Jan 2021.
06/09/2021 12:28 PM
Mabel Meow Meow Meow
06/09/2021 1:27 PM
Bgt 9963 The new mpi..
07/09/2021 9:23 AM
kukubird88 Need to understand the NOSH between mpi and greatec
07/09/2021 6:51 PM
Mabel MPI Mabel lock Profits last week when it shoot above RM 46...

Nice BBQ Roasted Kambing last week

Looking forward for another kambing from Greatec soon

Meow
08/09/2021 10:11 AM
Mabel #kukubird88 Need to understand the NOSH between mpi and greatec
07/09/2021 6:51 PM

Here are Mabel Top 3 Pick from Mabel's Collection of Malaysian Techs Companies

Greatech Technology Bhd.

Market Capitalization in MUSD 1,855

Greatech reported strong 140% YoY profits growth in 2Q21, driven by Production Line System orders. Growth from its EV portfolio now contributes 89% of PLS revenue and is expected to drive FY21-23E earnings. The company is now focused on securing new customers from the EV, life science and semiconductor industries.

Inari Amertron Berhad

Market Capitalization in MUSD 2,697

RF segment remains Inari’s key earnings driver, contributing 53% of revenue in 4QFY21. Growth outlook is expected to remain favourable in FY22/23E, driven by strong volume loading from key RF customer, Broadcom.

Malaysia Malaysian Pacific Industries Bhd.

Market Capitalization in MUSD 2,078

MPI is commissioning more machines for expansion. The Semiconductor Industry Association predicts the global semiconductor market to grow modestly by 6.2% in 2021, catalysed by 5G, automotive electronics, IoT, smartphones and wearables. WSTS was more positive on 2021 outlook, with global semiconductor sales growth forecast of +20% YoY.

Meow Meow Meow
08/09/2021 10:42 AM
Jokers2020 https://www.theedgemarkets.com/article/tech-rm508-mil-investment-penang-south-koreas-simmtech-give-local-equipment-players-boost
09/09/2021 7:33 AM
Mabel Greatech Technology to benefit from EV standardization

Automakers have been joining hands through information sharing and standardization as the race to offer affordable electric vehicles (EV) intensifies. Macquarie Equities Research (MQ Research) believes higher EV standardization from the automakers will have a positive spillover effect on factory automation solutions company Greatech Technology (Greatech), with more opportunities as the automakers increase their spending.

Bullish investors who are keen to gain leveraged exposure to Greatech..

Cross-sharing EV platforms indicates higher EV standardization

The Nikkei reported details on EV platform sharing between Honda Motor (7267 JP) and General Motors (GM). The Nikkei highlighted that by sharing EV platforms, the two firms will be able to share >50% of auto parts, standardizing motors, batteries, inverters and other key parts – likely a positive for Honda. MQ Research’s factory automation (FA) analyst reiterated their positive stance on the sector and highlighted standardization will drive structural growth for factory automation applications, with Fanuc as a key beneficiary.


Positive read-through to Greatech


Where does Greatech fit into the ecosystem? From MQ Research’s understanding and channel checks, Greatech does not compete directly with Fanuc (6954 JP) or Keyence (6861 JP) on FA but rather sources components such as vision system, sensors, controllers and industrial robots from these companies to be integrated into its production line for EV which it designs as well.

Greatech plays more of a role of a machine designer and integrator where it installs the FA parts on the production lines as per its clients’ requests which are highly customised. For example, Keyence provides vision systems, controllers and sensors, among others, which are then integrated in the production line of Greatech and used for quality and accuracy checking during subassemblies.

Overall, MQ Research believes higher EV standardization from the automakers will have a positive spillover effect on Greatech with more opportunities as the automakers increase their spending.
Historical high orderbook on its way; RM163m or 30% of additional RM550m orderbook guided 2H21 secured. MQ Research expects orderbook to reach historical highs in 4Q21/1Q22 based on management guidance and was encouraged when Greatech announced RM163m additional orderbook (80:20 split between solar:EV) on Aug 26th which brings its total orderbook to RM369m (1Q21 RM293m). With this, the current orderbook split of RM369m is 63:36:2 solar:EV:others.

MQ Research expects another RM380m to be secured in 2H21. This gives MQ Research comfort in its thesis i.e the effectiveness of its strategy to secure orderbook and acquire clients. Recall, Greatech recently upgraded its capex guidance to historical high of RM280m in FY21-22E (2.6x higher than initial Feb’21 guidance) for its 3rd and 4th factories in Penang, mainly to support growing potential EV customer base, which management updated include the automakers themselves. MQ Research believes there will be more room for share price rerating as new orderbook wins are announced, especially in the EV segment.


Action and recommendation

Maintain Outperform. EV orderbook win materialisation is the short-term catalyst for Greatech. It is a one-of-a-kind cleantech proxy in Malaysia with exposure to global emerging growth trends with 94% FY21E revenue originating from ‘cleantech’ industries; solar and EV.


12-month target price methodology

GREATEC MK: RM8.70 based on a price-earnings ratio (PER) methodology


Gain leveraged exposure to Greatech

Greatech shares have been on an uptrend since mid-May, rising from RM4.97 as of 17 May to peak at a closing high of RM7.45 on 18 August, before losing some of its gains in recent weeks to close at RM6.94 (-0.6%) yesterday, 52.5% higher year-to-date.

Source : Macquarie Group
10/09/2021 9:47 AM
PureBULL ... Greatech Technology to Benefit From EV Standardization?

https://klse.i3investor.com/blogs/kltrader/2021-09-10-story-h1571468323-Greatech_Technology_to_Benefit_From_EV_Standardization.jsp
10/09/2021 10:33 AM
alan_azs This greatech now become lousy counter lowh.others been moving but this keep sleeping
10/09/2021 12:36 PM
investortrader88 https://www.theedgemarkets.com/article/greatech-buys-industrial-land-penang-development-corp-worth-rm168m-capacity-expansion
11/09/2021 7:02 PM
magellan Greatech buys land for capacity expansion to meet demand.
The future looks great for Greatech.

https://www.theedgemarkets.com/article/greatech-buys-industrial-land-penang-development-corp-worth-rm168m-capacity-expansion
11/09/2021 8:02 PM
wallstreetrookie Buy the dip
13/09/2021 9:49 AM
wallstreetrookie Show some support lol. Nasdaq will be green until early 2022. Don't let Morgan Stanley scare you
13/09/2021 9:49 AM
wallstreetrookie You should be worried if you buy Chinese tech though
13/09/2021 9:50 AM
kpowersohai Can run ady lorrr, downtrend liao lorrr study the technical chart please. And if want to run, please panic run sell cheap2, i waiting down here haha
13/09/2021 12:37 PM
hantamking pbb buy call TP7.7

Source:
https://klse.i3investor.com/servlets/ptres/60790.jsp

cheers ya
13/09/2021 12:58 PM
kpowersohai tomorrow to test 6.73 support, get ready for the downwards ride, folks.....remember sell cheap2 for charity ya hahahaha
14/09/2021 2:12 AM
Jojobaa Long live GREATECH!
14/09/2021 3:09 PM
wallstreetrookie Thursday public holiday. Let's gooo
14/09/2021 4:03 PM
PureBULL ... PureBULL >>>, [14.09.21 00:45]

Daily # of cases r dropping esply in Industrial area n parks.
This would provide the needed catalyst for growth stocks to go bullish again,,,

Uptrending major TECH stocks r in the THEME play.
The ranking indicated by stock charts now r:
1st class tech : D&O, MPI, GREATEC
2nd class tech : FRONTKN, INARI, UNISEM
3rd class tech : all others,,,

so many small n mid cap stocks flied so high into euphoric level = right.timing to its harvesting season.
it's challenging to perfectly grab the next low hanging fruits in this space.

BIG cap stocks have good chance to spring up to life,,,
Have more or all of 1st class stocks to safely help us to outperform in the cycle,,,
14/09/2021 4:50 PM
BASforce GoGoGo above RM 7
17/09/2021 12:28 PM
Bgt 9963 Collecting mode....
17/09/2021 1:16 PM
magellan Greatech: The best is yet to come.
Public Investment Bank Research (PublicInvest) said
Greatech would finish the year strong with a
targeted RM550 million outstanding orderbook.

https://www.nst.com.my/business/2021/09/727981/greatech-technology%C2%...

PublicInvest has maintained its "Outperform" call
on Greatech, with an unchanged target price of RM7.70.
17/09/2021 2:16 PM
magellan Greatech is growing Greater.

17-Sep-2021
Greatech Technology Berhad - Solar Division Is Shining Brightly
Source : PUBLIC BANK,
Price Call : BUY,
Price Target : 7.70
Last Price : 7.10, Upside/Downside : +0.60(8.45%)

https://klse.i3investor.com/servlets/ptres/60812.jsp
17/09/2021 2:29 PM
Cakes Moon Okok, all in today!!!
17/09/2021 2:59 PM
Mabel Greatech the Great sure OK one.
17/09/2021 3:03 PM
BASforce Maybank called RM8.05
17/09/2021 3:21 PM
Bursatech Buy now, it will reach 8 before December.

https://www.nst.com.my/business/2021/09/727981/greatech-technology%C2%A0-receive-additional-rm300-rm400mil-new-orders-says?fbclid=IwAR2ZljUjTgqHe3xOsMN3VA90W3VQ9Zl7JvCO3rMFmQR2BM6Zopwz-5QbeY4
17/09/2021 7:26 PM


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