Genetec - A baby step
GENETEC riding on transition to EV and e-mobility. CIMB Reiterate Add with TP RM4.60
Genetec A baby step
Publish date: Mon, 19 Dec 2022, 03:25 PM
Genetec A baby step
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Start small, dream big, and take those crucial baby steps - they're the key to unlocking success
Just give GENETEC a little more time, and mark my words - we'll witness our Battery Day plans come to glorious fruition!
https://klse1.i3investor.com/blogs/genetec_rm400/2022-03-29-story-h162...
Just give GENETEC a little more time, and mark my words - we'll witness our Battery Day plans come to glorious fruition!
https://klse1.i3investor.com/blogs/genetec_rm400/2022-03-29-story-h162...
We expect Genetec to record stronger yoy results in 2HFY3/23F, backed by its robust order book in EV & ES and favourable forex movements.
â– We project a robust 3-year core net profit CAGR (CY21-24F) of 34%.
â– We reiterate our Add call with a TP of RM4.60, based on 31x CY24F P/E.
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