Are we gonna see some big name institutions/funds in the top30 shareholders of Genetec once the latest Annual Report is out soon?

Yup, CGS must be so careless and foolish enough to issue such a report without any proper due d research and fact-checking. They must have forgotten that they needed to consult the wisdom of i3 naysayers before issuing the report.

Genetec's rise due to report by CGS-CIMB??

https://klse.i3investor.com/blogs/evbattery/2021-07-24-story-h1568783111-GENETEC_S_RISE_All_because_of_CGS_CIMB_REPORT.jsp

Cheap. 1 more month till Q2 report out.

70sen in no time.

How we spotted at RM6 and why it will go to RM40 and beyond...

https://klse.i3investor.com/blogs/evbattery/2021-07-22-story-h1568731372-EV_Battery_The_Dark_Knight_Rises.jsp

Good value co to benefit from increased overseas orders?

Many people look at chart and say wa overprice, wa rise so much sure fall down.... Have you ever wondered why there are still buyers at rm16, rm17, rm18 and possible even at RM25 when it really reaches that level!?

These buyers who can afford to buy millions worth of shares, have they not done their research?

For those who dunno the story and valuation, no point shout here there. Lucky for my group we got in since RM6 even when it already doubled from RM3 and kept adding even at RM18+ as we get more information and as our conviction is stronger and higher!!

Thanks to the DARK KNIGHT!!!

Aiyo UNCLE SEE, this is GENETEC forum leh. Don't anyhow keep promote your gov-linked Awantec here.

Name got tec doesn't mean is the same high quality tec tec ya

RM1.20 in the afternoon!

Let's see how Gene respond to UMA. Berani kerana Benar hehe

Widetec Hightec kena DUMPED... stocks with no story to carry the rise, and full of retailers...

Genetec different hehe

Tech sector come back... anytime now for Penta to breakout and continue uptrend.

UP UP!!

1m units DBT today morning at RM11.80.

1m shares = 2% shareholding, quite alot for this tightly controlled counter.

Some say RM11.80 is big discount to market. Yes and No.
Yes, compared to today's price of RM13-16, is between 15%-30% discount.

But, as of last Thursday, high was RM10.60
Only Friday the share price surpassed RM11.80 to close RM13.02. Most likely the DBT price was confirmed as of last Friday, to be executed this morning (Monday).

So how do we interpret this DBT? Usually a fund house would take a discounted block to have a good entry point as they start to officially cover the stock and promote to their clients/broker networks. After all, everyone needs some incentive to start marketing work ma haha

Expect more accumulation of Genetec from various fund houses and HNWI alike, as they are advised by their advisors who are looking to book handsome performance fees in the coming one year with the outperformance of Genetec.

5x here we go!!!

The tide is rising and new uptrend about to start forming...

Step by step up bit by bit hehe

29th June : 6.2m traded, high of 9.14

Today T+2,
1st July : 1.2m traded (morning session), high of 9.40

This shows that the accumulation of Genetec units for the past 3 days are investors who can HOLD the shares to realize the whole EV growth potential of Genetec.

Yes, for sure there would be traders/contra-players but percentage is smaller. Price trend is holding well so far which tilts the odds towards investors and holders for the long term.

Good show for later afternoon.

New growth story coming!

Slowly step by step up as it approach EGM...

Genetec announced 200m+ orderbook secured from EV co (the BIGGEST name in EV)

Assuming for new FY22,
RM250m revenue, RM40m profit
PE30 : RM1.2b/50m shares = RM24
PE50 : RM2b/50m shares = RM40

Calculation for educational purposes and thesis testing only hahaha

https://www.klsescreener.com/v2/news/view/848125

PETALING JAYA: Ace Market-listed Genetec Technology Bhd is expected to reap the benefits of the growing electric vehicle (EV) space, as countries worldwide continue to ramp-up production of such vehicles.

Citing the Global EV Outlook 2021 that was published by the International Energy Agency in April, CGS-CIMB said the global electric car stock reached 10.2 million in 2020, which was a 43% year-on-year (y-o-y) growth.

“In 2020, China had the largest electric car fleet with 4.5 million units, followed by Europe with 3.2 million, ” the research house said in a report.

It noted that although the global car market shrank by 16% y-o-y in 2020 due to the negative impact of the Covid-19 pandemic on the economy, global electric car sales still rose 51% y-o-y to 3.1 million units last year.

“Overall, the market share of electric cars in the global car market (volume) grew from 2.6% in 2019 to 4.6% in 2020.

“The stronger demand for electric cars was led by Europe with 1.4 million new registrations, followed by China and the United States with 1.2 million and 295, 000, respectively.”

CGS-CIMB noted that Genetec recently announced it had secured RM204.6mil worth of orders across multiple-end applications such as EV and battery, automotive, hard-disk drives and consumer electronics.

“EV and battery orders made up 93% or RM189.4mil of its total secured orders from February to date.

“Based on these new projects, its outstanding order book is 2.1-times its total 2021 revenue. Genetec states that the length of these projects normally range from three to nine months.”

Genetec is primarily involved in the design and production of automation systems. Its products and services cater to various industries, focusing on EVs, hard disk drives and electronic industries.

For its financial year ended March 31, 2021, the company’s revenue rose 20.9% y-o-y to RM97.1mil, mainly due to higher sales volume.

CGS-CIMB noted that Genetec recorded a pre-tax loss of RM4.8mil in 2021.

“According to Genetec, the wider loss in 2021 was mainly due to less profitable product mix, higher operating costs and increase in development costs for future projects.

“This is notwithstanding several one-off items such as RM2.8mil in respect of share-based payment from granting of share options to eligible directors and employees, as well as foreign exchange losses.”

The bulk of Genetec’s revenue is derived from overseas markets, which contribute around 87% to its topline.

“The bulk of its overseas revenue is derived from Europe, China and Thailand, while revenue from the United States only contributed 1% to its 2020 revenue.

“Genetec has stated plans to increase sales to this region, moving forward, in tandem with its plans to expand further into the EV market, ” said CGS-CIMB.

Opportunity again, nice nice... collect some below 1.60 and wait for good development

Offer RM1 from parent Ancom, need to pass board, pass EGM then pass Bursa... year end only realize the RM1 value.

For now the discount from RM1 represents the discount for waiting until year end. Lucky I bought 81.5sen then ciao at 90sen, switch to mothership Ancom!

Boom shaka laka babehhhh!!!

Ancom forming new support at RM1.57 level, sellers been selling non-stop but support is there.

Once selling subsides, will break the RM1.60 psychological barrier!!

Many people realize that Agrochem and Agriculture will forever be in demand and because of FOOD SECURITY.

Heard from reliable source that already got institution fund house take position in Ancom. You may ask your remisier to check Ancom DBT, can see big blocks transacting off market. Today alone 3m units block cross hand in 4 DBT tranches. Big boys crossing stock.

When a company goes from ZERO institution/fund managers to gathering more and more institution holders, the stock is gonna be cornered and uptrend will be very strong coming.

Powerplay666 how you know got briefing for investor leh

Wonderful disposal by the Ancom Group
-Disposal of tank farm asset in Vietnam for USD6.25m
tAfter 5-consecutive years of losses, this Viet subsi is disposing its assets for a GAIN of USD5m (RM20m+). This marks a new strategy of being asset-light and more agile in terms of cost control for a distribution company.

Assuming full-year FY21 results of PAT RM23m,
this gain of RM10m (consol 50% of RM20m) means:
!!! HALF the current year's profit
!!! IN THE POCKET for next financial year!!

Well done to ANCOM for its ongoing restructuring efforts to drive up profits and shareholders returns.

As announced by subsi NYLEX
-Disposal of tank farm asset in Vietnam for USD6.25m
tAfter 5-consecutive years of losses, this Viet subsi is disposing its assets for a GAIN of USD5m (RM20m+). This marks a new strategy of being asset-light and more agile in terms of cost control for a distribution company.

Assuming full-year FY21 results of PAT RM23m,
this gain of RM10m (consol 50% of RM20m) means:
!!! HALF the current year's profit
!!! IN THE POCKET for next financial year!!

Well done to ANCOM for its ongoing restructuring efforts to drive up profits and shareholders returns.

https://www.sinchew.com.my/content/content_2479467.html

EGM until police also come... First in Bursa Malaysia!!! Really WTF man

What's the Limit Up reason?

Huat coming at Ancom side....

Bro... this was never a management consideration.

It is a SHAREHOLDERS consideration ;)

Of course I would sell ALB to all the retailers who HOPE for the next announcement or next rumour. As far as market is concern the ball is in S5 court for them to advance to next stage. ALB just standby only.

Maybe that's why big boss sell ALB and keep buy Ancom mother ship lor... Agrochem business booming on commodity supercycle, huat huat coming

Maybe can start to nibble abit...

Long term accumulation starts now!!!

Market sell on news and MCO3.0 panic lor, once Nylex board announce accept offer then Ancom is on its way to be a brand new integrated chemical group liao hehe

What disagreements? lol

Exec Chairman of Ancom = Group MD of Nylex.

Although he may not vote for the deal on both Ancom and Nylex side, you think Ancom management has ZERO feedback from their big boss and Nylex team before launching the offer?

You think Maybank IB fees are cheap ah can play play offer for fun, or offer test water first??

Market weak, may be good to collect

Retailers sell on news...but...

Ancom CHAIRMAN and CEO both bought shares EVERYDAY after the consolidation exercise announcement, even at RM1.70++ !!!

Overall market weak now so best time to accumulate for next uptrend to RM2.50!

Take this as patience and holding power training. Price drop more then meditate more increase holding power... Then hopefully be rewarded. And hopefully not too long...

To the moon or TO OCEAN?? Let's see this RM10 rumor dream or reality

Well supported by better earnings and increase in Net Asset la.

K la lazy explain too much later u say i lansi my corporate finance to you hehe

RM1.50 issuance price is just a "share swap" exercise with Nylex holder for the consolidation. Ancom dilute 9% to consol balance 49% of Nylex biz, Nylex holder become Ancom holders plus existing Nylex shell.

To me is a brilliant corporate exercise to realize Nylex underlying value during turnaround, plus more importantly to realize the immense potential of Ancom to be a billion ringgit co as an integrated chemical group!!

Monday continue to huat arrrr!!!

Since the counter is already suspended, no harm for "source" to share some details with journalists. News platform also need juicy content to keep you guys entertained.

Also, according to my "source", this development is part of Ancom's billion ringgit market cap strategy. Can't wait jor.... faster announce and share us the mechanism la...

According to announcement of suspension, once the material announcement is made, then will resume trading. I expect it to resume Friday.

Wait for all the juicy details tomorrow

Last year limit up on S5 announcement, this time another limit up coming for Ancom...

Friday morning will storm in for this historic moment in Ancom history!!!

Holding strong on T+2 from 2 days ago. This time 2nd round challenge RM1.60 barrier are all serious investors who can hold strong. Cheong ah!!!

Thank you to ESOS seller for cheap tickets, let us huat kao kao once break 1.60 for new historical high!!!

Road is clear... next target RM1.50!