GENETEC TECHNOLOGY BERHAD

KLSE (MYR): GENETEC (0104)

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Last Price

2.61

Today's Change

-0.11 (4.04%)

Day's Change

2.61 - 2.71

Trading Volume

3,355,000


15 people like this.

10,851 comment(s). Last comment by Genetec A baby step 23 hours ago

Posted by Genetec A baby step > 2022-09-01 10:37 | Report Abuse

Genetec - A buzzing year ahead with new batch of Customer T's battery cell formation line. CIMB TP RM4.30 https://klse1.i3investor.com/blogs/genetec_rm400/2022-09-01-story-h1628849580-Genetec_A_buzzing_year_ahead_with_new_batch_of_Customer_T_s_battery_cel.jsp

Posted by triplex3mob > 2022-09-02 15:44 | Report Abuse

Solid company ..... invest for long term

Posted by demdem1912 > 2022-09-05 11:13 | Report Abuse

T still a big company & profits are at all time high, scare what?

WMY2188

102 posts

Posted by WMY2188 > 2022-09-07 17:22 | Report Abuse

V Good info. TQVM
#Genetec A baby step

dlau8899

915 posts

Posted by dlau8899 > 2022-09-08 08:28 | Report Abuse

2.50

Posted by Genetec A baby step > 2022-09-08 13:39 | Report Abuse

For knowledge sharing - 4680 Teardown Analysis // DBE: Big Risks & Big Rewards + Patent Landscape https://klse1.i3investor.com/blogs/genetec_rm400/2022-09-08-story-h1628968707-For_knowledge_sharing_4680_Teardown_Analysis_DBE_Big_Risks_Big_Rewards_.jsp

Posted by NatsukoMishima > 2 months ago | Report Abuse

EV and self-driving stocks fell nearly 15% in September, their second-worst month on record

lian998

464 posts

Posted by lian998 > 1 month ago | Report Abuse

Sanction on china. War is coming in two years time.??.
Then tesla in china will da pao.
Genetec sure drop kaw kaw.

pang72

44,951 posts

Posted by pang72 > 1 month ago | Report Abuse

GENETEC tec tech..

Posted by boss_smtrack > 1 month ago | Report Abuse

As per DatoKyle, genetec with tp 2.15++ on monday ! Pls take note..

nelsonlim

374 posts

Posted by nelsonlim > 1 month ago | Report Abuse

Abt time?

Picanto

73 posts

Posted by Picanto > 1 month ago | Report Abuse

Tesla's energy storage deployment almost double in Q3'22. No one excited? :)

Noni

517 posts

Posted by Noni > 1 month ago | Report Abuse

Tesla power

Posted by shootingstar888 > 1 month ago | Report Abuse

excited ! time to add more ....USD up up up, Genetec profit will be good.

Michael Kwok

4,933 posts

Posted by Michael Kwok > 1 month ago | Report Abuse

Sell call genetec 2.07
Tp rm 1.40-1.60
21/10/22 2.14pm

Posted by David Coperfield > 1 month ago | Report Abuse

PLS run FAST b4 u get regret lo

Posted by Genetec A baby step > 1 month ago | Report Abuse

For knowledge sharing - Tesla Q3 Earnings Call: Breaking China's Supply Chain Grip + Updates on Almost Everything https://klse1.i3investor.com/blogs/genetec_rm400/2022-11-03-story-h1651158386-For_knowledge_sharing_Tesla_Q3_Earnings_Call_Breaking_China_s_Supply_Ch.jsp

faralenz77

997 posts

Posted by faralenz77 > 1 month ago | Report Abuse

Strong show.

Zachzach

488 posts

Posted by Zachzach > 2 weeks ago | Report Abuse

sold 2.4 !

iTelex5

498 posts

Posted by iTelex5 > 1 week ago | Report Abuse

limit up???

Zachzach

488 posts

Posted by Zachzach > 1 week ago | Report Abuse

go go genetec

Zachzach

488 posts

Posted by Zachzach > 1 week ago | Report Abuse

when is QR come out for genetec?

Posted by jonathanlum > 1 week ago | Report Abuse

Q3 Results '22

Revenue
70,664

Profit/(loss) before tax
27,940

Profit/(loss) for the period
25,640

Profit/(loss) attributable to ordinary equity holders of the parent
25,055

Basic earnings/(loss) per share (Subunit)
3.67

Zachzach

488 posts

Posted by Zachzach > 1 week ago | Report Abuse

so open on qr at 10am...2.7 !!
what a quarter for genetec..
congratulation... !!

Posted by NatsukoMishima > 1 week ago | Report Abuse

Insider dump faster than u ,sorry !

troy88

1,580 posts

Posted by troy88 > 1 week ago | Report Abuse

Great QR. Business is in the right trajectory. The hype which started last year is not a joke..

calvintaneng

48,879 posts

Posted by calvintaneng > 1 week ago | Report Abuse

Go lucky Happy

Good result and price is in the red?

19 hours ago


GENETEC ONLY EARNED 3.67 SEN with NAV less than 30 sen

JTIASA EARNED 3.51 SEN with NAV Rm1.32

JTIASA SHARE PRICE 4 TIMES CHEAPER BUT EARNING AS DOOD

Michael Kwok

4,933 posts

Posted by Michael Kwok > 1 week ago | Report Abuse

Buy q 2.30 range
Tp trying to breach rm 2.70 again
30/12/22 11.28am

Posted by phoenixqueen > 1 week ago | Report Abuse

michael, typo, it's 30/11/22

calvintaneng

48,879 posts

Posted by calvintaneng > 6 days ago | Report Abuse

fJtiasa debt was used to buy lands

now high Cpo prices caused huge cash inflow to settle debt

from Rm800 mil debt in year 2017 Jtiasa debt now only Rm257 millions

now Jtiasa owns 206,000 acres plantation lands (bigger than Spore landmass of 180,000 acre


calvintaneng

48,879 posts

Posted by calvintaneng > 6 days ago | Report Abuse

genetec cash only Rm13.8 millions

how much?

only 2.02 sen cash

what cash ?

call 2 sen worth in balance co cash rich?

Even Thplant got 12.6 sen cash better

BursaKakis

144 posts

Posted by BursaKakis > 6 days ago | Report Abuse

Insert Insert
Genetec Technology Bhd
2QFY23: Record-breaking quarter
■ 1HFY3/23 net profit beat our expectations at 58% of FY23F core NP due to
stronger-than-expected net margin in 2QFY23, but in line with consensus.
■ We expect Genetec to record stronger yoy results in 2HFY23F, backed by its
robust order book in EV & ES and favourable forex movements.
■ We raise FY23-25F EPS by 3-7%. Reiterate Add with a higher RM4.60 TP.
2QFY3/23 net profit rose 35% qoq; beat expectations
2QFY3/23 revenue declined 3.5% qoq due to a delay in automation line delivery for its hard
disk drive (HDD) segment from Sep 22 to Oct 22 amounting to about RM5m. Despite the
lower sales, EBITDA margin expanded by 13.2% pts qoq to 42.1% in 2QFY23 due to 1) a
better sales mix coming from higher engineering change request (ECR) service related to
electric vehicle (EV) & energy storage (ES) segment, which offers higher margins than
production line segment, and 2) favourable forex movement. Overall, 2QFY3/23 net profit
surged 35% qoq to RM25.1m, despite a higher effective tax rate of 8.2% (+4.1% pts qoq).
Note that this was the highest quarterly net profit in the company’s history since its listing.
1HFY23: driven by higher HDD and EV & ES contribution
On a cumulative basis, 1HFY3/23 revenue and net profit rose 44.5% and 78%,
respectively. The group attributed the stronger performance to: i) higher contribution from
HDD (+5.6x yoy) and EV & ES (+6% yoy) segments, ii) a better sales mix and iii) favourable
forex movements from the depreciation in Ringgit against US$. 1HFY23 EBITDA margin
rose 6.8% pts yoy to 35.4%. Overall, 1HFY23 net profit jumped 78% yoy to RM43.5m.
Strong growth prospects backed by RM256m order book
Genetec’s order book stood at RM256.4m as at end-Sep 2022, out of which 98% are
related to the EV & ES segment. We gathered from the management that Genetec added
c.RM79m worth of new orders in the quarter mainly in the EV & ES segment, including a
second formation line from its US EV customer. In addition, the group is also tendering for
additional formation, regenerative braking system and electronic control unit (ECU) lines
for FY3/24F. Genetec’s tender book stood at c.RM237m as of end-Sep 22. Moreover, we
also learnt that Genetec is working on developing its in-house battery energy storage
system (BESS) as part of its new growth strategy. The group plans to complete the BESS
prototype by end-2022 and begin pilot run deployment in CY23F.
Reiterate Add; TP raised to RM4.60
We raise our FY23-25F EPS by 3-7% to account for: i) higher sales from HDD and EV &
ES segments, ii) a more profitable sales mix and iii) favourable forex. Accordingly, our TP
rises from RM4.30 to RM4.60, based on a lower 31x CY24F P/E, in line with the Malaysian
automated test equipment (ATE) sector’s 5-year mean P/E, (vs. 35x previously; 0.5 s.d.
above Malaysian ATE sector mean), in view of the weak sentiment in the global technology
sector. We also roll over our valuation to end-2023F - CgsCimb 29 Nov 2022

Michael Kwok

4,933 posts

Posted by Michael Kwok > 6 days ago | Report Abuse

Tq i know is on 30/11/22.typing error.why i free some tips here because of money wise collecting 5 figures in total.the stock broking in i3 also benefit.

phoenixqueen

michael, typo, it's 30/11/22

Income

2,935 posts

Posted by Income > 5 days ago | Report Abuse

Insider dump??

pang72

44,951 posts

Posted by pang72 > 1 day ago | Report Abuse

Director Chen KV share buy back again wow...

This is....

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