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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Investors, let's embark on a remarkable journey together.
Give GENETEC the time it deserves, and watch our Battery Day plans flourish!
Visit my blog for insights that will empower you to make informed decisions and maximize your investment. Discover the link between company potential and industry trends: [ https://klse1.i3investor.com/blogs/genetec_rm400/blidx.jsp].
Start small, dream big, and embrace the key to success with GENETEC.
Give GENETEC the time it deserves, and watch our Battery Day plans flourish!
Visit my blog for insights that will empower you to make informed decisions and maximize your investment. Discover the link between company potential and industry trends: [ https://klse1.i3investor.com/blogs/genetec_rm400/blidx.jsp].
Start small, dream big, and embrace the key to success with GENETEC.
We expect Genetec to record stronger yoy results in 2HFY3/23F, backed by its robust order book in EV & ES and favourable forex movements.
■ We project a robust 3-year core net profit CAGR (CY21-24F) of 34%.
■ We reiterate our Add call with a TP of RM4.60, based on 31x CY24F P/E.
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