Genetec - A baby step

Genetec Gains Momentum in BESS - CIMB Recommends Buying at RM3.60

Genetec A baby step
Publish date: Thu, 12 Oct 2023, 10:00 AM
Investors, let's embark on a remarkable journey together.

Give GENETEC the time it deserves, and watch our Battery Day plans flourish!

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Start small, dream big, and embrace the key to success with GENETEC.

Genetec is on a promising trajectory in the electric vehicle and renewable energy sectors. The robust orderbook in their EV segment,bolstered by their main customer's continuous factory expansions,reflects the escalating EV adoption. Moreover, the increasing interestin renewable energy investments bodes well for Genetec's BESS division,which is positioned to thrive in this growing market. An undemanding P/E ratio of 17.1x FY3/25F underlines an attractive investment opportunity, offering a discount compared to industry peers. As sustainability takes center stage, Genetec is poised for significant growth in the clean energy landscape.

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1 person likes this. Showing 1 of 1 comments


from 4.3 revised to 3.6

2023-10-13 10:36

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