Greatech’s key customer Lordstown Motor needs more capital to keep going

https://www.businesstimes.com.sg/transport/lordstown-motors-warns-it-needs-more-capital-to-keep-going

New downside support level 4.31
阁代科技（GREATEC，0208，主板科技股）陷入一段短期调整趋势时跌破5.69令吉后以4.97令吉报收，按日跌66仙或11.72%，料会于近期间在4.31至4.96令吉间取得应有的支撑。

Outlook. Greatech’s orderbook currently stands at RM351.2m, of which 68%, approximately RM239m, is contributed by the EV battery segment, while 25%, approximately RM88m, is contributed by the PV segment. The remaining 7%, approximately RM24m, is from other segments. The current orderbook is mostly made up of orders from Lordstown,

Dropped below support of 4.92, shld be free fall now towards 4.7 and may further correct to PE closer to Pentamster’s PE of 50+

Do take a look at how Greatech’s main customers First Solar and Lordstown Motor share prices already crashed by 40-50% in 1 month time and still dipping.