Genetec A baby step

genetecc | Joined since 2022-01-26

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2022-03-30 17:00 | Report Abuse

my fellow genetec shareholder, if you interest to learn more on BEV vs Hydrogen

Why Elon musk argue “fuel cells = fool sells” ?

https://klse1.i3investor.com/blogs/genetec_rm400/2022-03-30-story-h1620558902-For_knowledge_sharing_Hydrogen.jsp

News & Blogs

2022-03-30 16:40 | Report Abuse

Hi Soon,

I am not impressed by so call fintech because
(1) I don't think we should let robot or AI to handle the money. we human should make the decision on how to make good use of the money. in my case, i always argue we should put money to built a better future

(2) some startup promoting to use fintech to serve the unbankable by offering a high interest loan with 7%, 8% 9%, 10% or even 15% interest. I consider it as loan shark business.

in my humble opinion you should invest the excess cash but not all the money you need to support the family. I still think one should invest the excess cash and doing the best to make a better future for next generation.

Apart from that, diversification is very important in the investment process. Please consult the investment advisor on asset allocation based on your own risk profile & investment goal. I am not qualify to give opinion.

Please do a Due-D on GENE product. You can spent some time to talk to industry stakeholder, our banker, Gov agency, our supplier to see what we have been doing on last few years. Don't take anyone word as it is. Don't believe anyone show you any prove until you can verify it.

As far as my knowledge - as of end of last year, GENE is the only Malaysia solution provider enter into the Customer T supply chain. Something that we should proud of.

I am happy to see if more and more local player able to be part of the supply chain. I am looking forward to have more opportunity to invest on them.

News & Blogs

2022-03-30 11:20 | Report Abuse

I suggest you to share the company you invested and how they generate FCF. From there, we will see how the money flow.

News & Blogs

2022-03-30 11:16 | Report Abuse

Mr Yun-fat, Chow

It's our Customer CCC management and we need to use the product to fund the project. It's a very long journey from a baby step now until we convert everyone to green energy.

My CFO is working very hard to deal with 100x sslee from banker especially the risk control guy.

You can check our trade financing and the cost of money.

I already told you it is not a FCF business and why it is important to invest for future.

If you are wealthy, you should invest to create a better place. Money is as good as the number if not put in good use.

There is no future when EVERYONE just keep the cash or looking to milk more cash from the sick economy.



Please read my reply to you on https://klse1.i3investor.com/servlets/forum/600703528.jsp

News & Blogs

2022-03-30 10:22 | Report Abuse

Rechargeable batteries have become widely used in many applications - led, phone, watch, and even CAR.

However, there is very slow and small improvements in batteries technologies. you can see some good idea here https://klse1.i3investor.com/blogs/genetec_rm400/2022-03-29-story-h1620532245-My_fellow_GENETEC_shareholders_What_is_Customer_T_plan_on_battery.jsp

it need huge effort to achieve it..

I am looking forward Megapack & powerwall become common in our world. a lot of things will be very different by then.

GENE is taking part on this too. Please don't complain we investing the cash for megapack.

News & Blogs

2022-03-30 10:16 | Report Abuse

have you watch? https://klse1.i3investor.com/blogs/genetec_rm400/2022-03-29-story-h1620532245-My_fellow_GENETEC_shareholders_What_is_Customer_T_plan_on_battery.jsp

We need battery to store the energy. This is the reason why we need to transform and have a better battery. In long term, most of civilization's energy is going to come from solar, and then you need to store it with battery because obviously the sun only shines during the day, and sometimes it is very cloudy. So you need solar batteries. That will be the main long-term way that civilization is powered.

Someone's sitting in the shade today because someone planted a tree a long time ago. we need to invest and fix the issue but not leave it to our kids.

News & Blogs

2022-03-30 09:54 | Report Abuse

Why are you using Mr Yun-fat, Chow profile photo? Are you him? Or, are you related to him?

News & Blogs

2022-03-30 09:51 | Report Abuse

Mr Yun-fat, Chow

I am answering the question from fact.

In this moment, I don't plan to sell any ESG stock in my portfolio. I am paring down old industry and moving my allocation to ESG stock from time to time.

I was holding Tesla and Genetec many years ago and accumulating more and more.

News & Blogs
News & Blogs

2022-03-30 09:42 | Report Abuse

I am not qualify to give opinion how one can allocate his investment to different asset class.

But, it wont stop me to know what is a good investment for the future.

I am not agree everyone is holding the capital to traditional business & milking the cash. Human need transform.

News & Blogs

2022-03-30 09:39 | Report Abuse

Mr Yun-fat, Chow

I spent time and explain to you GENE is taking its baby step to help to move us to green energy. Nothing is free. When we growth the topline, we need working capital.

When we grow the topline from 7figure to 8, 9, 10, 11, 12 figure, it will need more and more working capital. We are re-investing the profit we get to a bigger growth - that will benefit all of us.

I urger you spent 2 hours on this https://klse1.i3investor.com/blogs/genetec_rm400/2022-03-29-story-h1620532245-My_fellow_GENETEC_shareholders_What_is_Customer_T_plan_on_battery.jsp

You will know why it is important...

If no one invest for future, where is the hope? You want everyone to put in FCF business and what will you left for your kids? Non stop extracting oil from the poor mother earth?


"I think it's worth remembering that every car that we make is a step in the direction of a sustainable future. The thing about this factory and the cars that we make is that it gives people hope about the future.

It's very important to have reasons to be excited about the future because often people are depressed or sad about the future cause they thing it won't be good. But what we're doing here is, with every car we make, with every battery we make, we're making the future better."


Am I not allowed to share the fact & promote something goods for future generation?

News & Blogs

2022-03-30 08:55 | Report Abuse

I am sharing the fact & why battery is important. How Customer T plan is helping human to achieve the goal.

Please do a Due-D on my company product. You can spent some time to talk to industry stakeholder, our banker, Gov agency, our supplier to see what we have been doing on last few years.

I believe doing this homework is a easy task for most of the investor here. I was impressed how the analyst do his channel check and forward the management very good questions.

No one can lie to a huge investment community.

I can tell you we are proud to be in the supply chain and putting in our hand and brain to save the mother earth.

News & Blogs

2022-03-30 08:46 | Report Abuse

Mr Yun-fat, Chow -- It is not only the business risk . Stock market is volatile.

You can see GENE share price drive up by market drastically and then follow by a huge correction.

Market is not 100% follow the company progress or performance. The company is in much more better shape now than few months ago when the stock price on the peak.

Now, our Customer T get the giga factory up in Berlin and then Texas. The 4680 is making a good progress and achieve a very high yield. Apart from that, Customer T is asking their supplier to source from us and they have visited Customer T plant and will make a visit to us soon.

We also having some new project from Customer T on ES and few other projects from new prospect.

You can watch our Customer T share price. it is very volatile too.

My humble opinion - Investing in good company then provide hope & good future. You need Excess Cash to stomach the volatility.

News & Blogs

2022-03-30 08:39 | Report Abuse

Mr Yun-fat, Chow - in my humble opinion you should invest the excess cash but not the money you need to support the family. As a responsible father, please ensure you can generate enough for the kids, then you only touch the money for other things.

I think one should invest the excess cash and doing the best to make a better future for next generation.

Apart from that, diversification is very important in the investment process. Please consult the investment advisor on this. I am not qualify to give opinion.

News & Blogs

2022-03-30 08:36 | Report Abuse

Hydrogen is a clean energy source by provided it is a green but not brown hydrogen.

Please study the process on green hydrogen and answer me why not store the energy in the battery (provided we can ramp up production to fill the huge demand) but convert the energy to green hydrogen then convert it again for the car?

What's the cost to for the whole process? Is the current supply chain able to support the mass production?

If you have done your study. please share.

News & Blogs

2022-03-29 18:38 | Report Abuse

your comment is not right. you should do your fact checking.

News & Blogs

2022-03-29 18:35 | Report Abuse

It need many improvement to deliver a good & cheap battery. Battery is the key for future green energy.

In long term, most of civilization's energy is going to come from solar, and then you need to store it with battery because obviously the sun only shines during the day, and sometimes it is very cloudy. So you need solar batteries. That will be the main long-term way that civilization is powered.

It's not about competition. It's about working together to move us to green energy as fast as possible. ultimate goal is to save the mother earth.

IF there is someone work on this 40 years ago but not let Elon to start it so late. Do you think PUTIN able to start the UKRAINE war?

Please spent 2 hours on this https://klse1.i3investor.com/blogs/genetec_rm400/2022-03-29-story-h1620532245-My_fellow_GENETEC_shareholders_What_is_Customer_T_plan_on_battery.jsp

News & Blogs

2022-03-29 18:34 | Report Abuse

In long term, most of civilization's energy is going to come from solar, and then you need to store it with battery because obviously the sun only shines during the day, and sometimes it is very cloudy. So you need solar batteries. That will be the main long-term way that civilization is powered.

Please spent 2 hours on this https://klse1.i3investor.com/blogs/genetec_rm400/2022-03-29-story-h1620532245-My_fellow_GENETEC_shareholders_What_is_Customer_T_plan_on_battery.jsp

News & Blogs

2022-03-29 18:28 | Report Abuse

IF there is someone work on this 40 years ago but not let Elon to start it so late. Do you think PUTIN able to start the UKRAINE war?

News & Blogs

2022-03-29 18:26 | Report Abuse

It need many improvement to deliver a good & cheap battery. Battery is the key for future green energy.

In long term, most of civilization's energy is going to come from solar, and then you need to store it with battery because obviously the sun only shines during the day, and sometimes it is very cloudy. So you need solar batteries. That will be the main long-term way that civilization is powered.

It's not about competition. It's about working together to move us to green energy as fast as possible. ultimate goal is to save the mother earth.

News & Blogs

2022-03-29 18:14 | Report Abuse

One question to everyone - what if Elon not start TESLA and SpaceX but buying a business with plenty of Free Cash Flow?

It might be a good option for him to retire with more than USD 1 billion?

What's money? It is a tools to built a better world. I always remember this.

News & Blogs

2022-03-29 18:10 | Report Abuse

I am not sure 4.80 is a joke or not. it is from professional analyst. I have no idea how he work out the number.

RM4.80 is around MYR 3.2B market cap. I am sure I won't sell GENE with MYR3.2B.

I think MYR 3.2B is way too cheap if we able to deliver as per plan. You can argue - If we fail, it might worth nothing. I believe we will success and help everyone to move to better future.

I think I am in no position to argue the target price with you. It is the analyst / financial investor job. This should be the i3 "investors" forte.

Give GENE another few years and we will see. I hope we can achieve the plan as presented on the Battery Day.

When we have to deliver 10-12 figure order book per year, how much should you price GENE market cap? please enlighten me.

News & Blogs

2022-03-29 18:03 | Report Abuse

my CFO is doing his job. you can check our financing cost. Our banker are very supportive.

I know the fact that our share capital is relatively small compare to the working capital we need. I believe they support Customer T and play their part to help human to create better future.

a cheap financing support is important to make sure we can deliver the product as low cost as possible. it can help to create a cheap end product and convert everyone to clean energy. it is very critical if you spare some time to read in this issue.

News & Blogs

2022-03-29 09:59 | Report Abuse

You can ask Elon his comment on our product. His staff is impressed. share with me his view.

News & Blogs

2022-03-29 09:47 | Report Abuse

The one sit beside me right now asking why I so busy to answer you.

It make me think. My answer to her is I like your profile photo. It is my fantasy -- I am talking to the one in your profile photo. If you are him, we can have a cup of coffee. pm me. i ask my PA arrange.

News & Blogs

2022-03-29 09:44 | Report Abuse

I am sharing the company prospect and I am every excited on the future. I have faith on what we are doing -- we gives people hope about the future.

All the articles I share is about the fact & figure that shall benefit the investment community.

4.80 is from a professional analyst. not from me.

all owner is promoting their own company in i3 - as far as i seen. it is nature that human promote what they believe. please take note that, all shareholder is the owner of the company. Or, co-own the company.

Again, Please do a Due-D on my company product. You can spent some time to talk to industry stakeholder and see what we have been doing on last few years.

News & Blogs

2022-03-29 09:27 | Report Abuse

I believe you are not in EV / ES industry.

Please do a Due-D on my company product. You can spent some time to talk to industry stakeholder and see what we have been doing on last few years.

Many industry players visited our production line. 4680 is going for mass production. They can either do a better line or source the same line from us which have been deployed to the GIGA factory.

You can always study and gather info on this.

I am confidence we play our role and contribute to the supply chain and make a better world.

News & Blogs

2022-03-29 08:51 | Report Abuse

Our topline is now merely a 9 figure per year. To achieve what presented in the battery day... our topline will need to growth to 10 ~ 12 figure on next few years. hopefully, we can reach our goal by 2030.

In this process, we need to tap on various source to fund the project be it from operating cash flow, bank financing, or raise some equity.

We committed to Elon's idea and making a better world for next generation.

our CFO will need to work hard to secure the cash flow to meet our working capital requirement & delivering our order book.

News & Blogs

2022-03-29 08:47 | Report Abuse

It's not about competition. It's about working together to move us to green energy as fast as possible. ultimate goal is to save the mother earth.


what we are doing here is a baby step to move human to a cleaner energy source. It need a lot of brain power and capital to get things done. you can see the progress since the announcement on the battery day. we are working hard to move up the yield. there is a lot of room for improvement and contribution is welcome.

It is definitely not a company that can let you milk the cash flow. But, what's our future if every company not invest by eyeing on free cash flow?

Built a small line, use the $ to built bigger line..
Then use that money to built even bigger line.
The process repeat… what we're doing here is, with every car we make, with every battery we make, we're making the future better.

The thing about this factory and the cars that we make is that it gives people hope about the future.

News & Blogs

2022-03-29 08:43 | Report Abuse

The CFO is delivering the result.

Trust me, there is 10x or 100x sslee in the bank's loan / risk control unit.

He did his job and ensure the trade financing to fund the operations.

News & Blogs

2022-03-28 19:40 | Report Abuse

In long term, most of civilization's energy is going to come from solar, and then you need to store it with battery because obviously the sun only shines during the day, and sometimes it is very cloudy. So you need solar batteries. That will be the main long-term way that civilization is powered.

As Genetec shareholder, I am glad that we are contributing on this

News & Blogs

2022-03-28 19:34 | Report Abuse

We are channel all capital to project that bring benefit to human kind. The project that we make is that it gives people hope about the future.

Built a small line, use the $ to built bigger line..
Then use that money to built even bigger line.
The process repeat… what we're doing here is, with every car we make, with every battery we make, we're making the future better.

If you want a free cash flow business. This might not a good candidate

News & Blogs

2022-03-28 19:30 | Report Abuse

I have no worry. Elon will pay my company this year. U need to understand the CCC for Tesla.

You may also need to understand how my company get the trade financing. Banker is financing gene or they trust Elon musk?

The cash collected this year will be used as working capital for upcoming working capital for customer T and Customer Z order. The timeline is very very tight. It’s now in mass production mode.

Apart from that, it might need to support the new production line for mega pack.

Thailand ES project - a small team is now sent to Thailand and working very close with the end customer.It might further stress the working capital too.

I will leave it to my CFO to work on cash flow requirements. Be it trade financing or like someone mentioned here a right issue…

News & Blogs

2022-03-28 18:20 | Report Abuse

Your question have been answered by management briefing. please read the Point [2]. The money received from Jan22 onward.

I have no worry on the cash flow. Customer T is world class EV player, not a shop-lot small potato. Don't compare it with S.D.

News & Blogs

2022-03-28 17:55 | Report Abuse

ELON MUSK: "I think it's worth remembering that every car that we make is a step in the direction of a sustainable future. The thing about this factory and the cars that we make is that it gives people hope about the future. It's very important to have reasons to be excited about the future because often people are depressed or sad about the future cause they thing it won't be good. But what we're doing here is, with every car we make, with every battery we make, we're making the future better."

News & Blogs

2022-03-28 17:33 | Report Abuse

My fellow GENETEC shareholders. We are investing & making the future better. We are not milking the cash from a mature or sunset industry.

what we're doing here is, with every car we make, with every battery we make, we're making the future better."

https://klse1.i3investor.com/blogs/genetec_rm400/2022-03-28-story-h1620504193-My_fellow_GENETEC_shareholders_We_are_making_the_future_better_We_are_n.jsp

News & Blogs

2022-03-28 17:33 | Report Abuse

My fellow GENETEC shareholders. We are investing & making the future better. We are not milking the cash from a mature or sunset industry.

what we're doing here is, with every car we make, with every battery we make, we're making the future better."

https://klse1.i3investor.com/blogs/genetec_rm400/2022-03-28-story-h1620504193-My_fellow_GENETEC_shareholders_We_are_making_the_future_better_We_are_n.jsp

News & Blogs

2022-03-28 17:33 | Report Abuse

My fellow GENETEC shareholders. We are investing & making the future better. We are not milking the cash from a mature or sunset industry.

what we're doing here is, with every car we make, with every battery we make, we're making the future better."

https://klse1.i3investor.com/blogs/genetec_rm400/2022-03-28-story-h1620504193-My_fellow_GENETEC_shareholders_We_are_making_the_future_better_We_are_n.jsp

Stock

2022-03-28 17:32 | Report Abuse

My fellow GENETEC shareholders. We are investing & making the future better. We are not milking the cash from a mature or sunset industry.

what we're doing here is, with every car we make, with every battery we make, we're making the future better."

https://klse1.i3investor.com/blogs/genetec_rm400/2022-03-28-story-h1620504193-My_fellow_GENETEC_shareholders_We_are_making_the_future_better_We_are_n.jsp