GENETEC TECHNOLOGY BERHAD

KLSE (MYR): GENETEC (0104)

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Last Price

0.85

Today's Change

-0.145 (14.57%)

Day's Change

0.845 - 1.01

Trading Volume

44,521,900


16 people like this.

12,092 comment(s). Last comment by mf 14 hours ago

upsidedown119

4,326 posts

Posted by upsidedown119 > 2016-03-02 12:26 | Report Abuse

Force-sell only for those T3 traders.

Chinaboleh

687 posts

Posted by Chinaboleh > 2016-03-02 12:30 | Report Abuse

Kanger 12.5 sen EPS 1.45 sen vs Genetec 16 sen EPS -0.58 sen.

BigFish

73 posts

Posted by BigFish > 2016-03-02 12:31 | Report Abuse

this stock a lot of control player - last week all buy before the quarterly but get burn

upsidedown119

4,326 posts

Posted by upsidedown119 > 2016-03-02 12:50 | Report Abuse

Chinaboleh. Use the Q3 results to compare like with like. Kangar EPS is 0.14 sen; YTD EPS is 0.22 sen. Genetec's EPS Q3 is -0.58 sen; YTD is 1.6 sen. Genetec's performance was more consistent.

BigFish

73 posts

Posted by BigFish > 2016-03-02 15:48 | Report Abuse

buy buy buy , after today will be brighter day for Genetec

Posted by Darren Liaw > 2016-03-02 16:32 | Report Abuse

New project contract coming in???

win_win

85 posts

Posted by win_win > 2016-03-02 19:06 | Report Abuse

Honestly, the ems industry is improving and growing, with the continuous shift of the industry's centre of gravity to Asia, to create and manage new markets, products and processes, technologies and applications for the region and beyond.

GinTech

240 posts

Posted by GinTech > 2016-03-02 20:21 | Report Abuse

For the loyal supporters here, there is no new contract so far. With contracts, the latest qr has reflected on its recent share price. What if no? Make your wild guess.

upsidedown119

4,326 posts

Posted by upsidedown119 > 2016-03-02 22:27 | Report Abuse

We should cross that bridge if it comes. The future is not for us to see. The bottom line: YTD Genetec's a profitable company. Unless Q4 is terribly bad, it will still remain profitable for whole year. The trend towards automation favours its business.

ampabella

1,378 posts

Posted by ampabella > 2016-03-02 23:29 | Report Abuse

this share goreng up and down, untung also fast , mati also very fast, dont play play , not suitable for people with weak heart, only for brave people.

Posted by leslieroycarter > 2016-03-03 09:21 | Report Abuse

all the risks associated r diminishing when it is trading around 15+c...

not_logic

157 posts

Posted by not_logic > 2016-03-03 09:41 | Report Abuse

Why loss making Genetec must worth more than profit making stock? QR irrelevant?

not_logic

157 posts

Posted by not_logic > 2016-03-03 09:42 | Report Abuse

Even Genetec directors disposed why i3 forumers buy?

Posted by leslieroycarter > 2016-03-03 10:15 | Report Abuse

not a loss making co n its nta is 18c...will the counter become pn17 one day, nobody knows?

spaghetti

611 posts

Posted by spaghetti > 2016-03-03 10:29 | Report Abuse

No contract from this counter so far. Coming Q report loss wider . SELL.

upsidedown119

4,326 posts

Posted by upsidedown119 > 2016-03-03 11:12 | Report Abuse

Director sold because the price was hyped up to over 30 sen. I would also sell if I am the director and knew that the coming quarter results will be a loss. That's why be careful of the so called 'market movers'. There is every reason to suspect that they work hand in hand with the insider bangsats.

hasimdaud

220 posts

Posted by hasimdaud > 2016-03-03 15:19 | Report Abuse

Sell to 0.10

BigFish

73 posts

Posted by BigFish > 2016-03-03 16:06 | Report Abuse

soon will push up bottom at 0.16

jay_j

196 posts

Posted by jay_j > 2016-03-03 17:24 | Report Abuse

This time I have to listen to spaghetti. Cut lose. Burn one of my finger.

upsidedown119

4,326 posts

Posted by upsidedown119 > 2016-03-03 18:49 | Report Abuse

Yeah, sell then. I am staying.

hasimdaud

220 posts

Posted by hasimdaud > 2016-03-04 09:28 | Report Abuse

SI nobody want to subscribe, manipulated shares

upsidedown119

4,326 posts

Posted by upsidedown119 > 2016-03-04 12:07 | Report Abuse

It was manipulated in the past. That is now history.

upsidedown119

4,326 posts

Posted by upsidedown119 > 2016-03-04 15:05 | Report Abuse

Genetec business is focused on the future - automation and productivity. That's where the Malaysian economy is heading. I expect it's headwinds, even in the next quarter, is temporary.

timed

152 posts

Posted by timed > 2016-03-04 16:17 | Report Abuse

throwing. lol

Posted by HLcaptainIcon > 2016-03-04 20:08 | Report Abuse

Oh dear.. Tepuk tangan jerr.. kena Flag! not fairrrrrrrrr *LOLOLOLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL

Posted by Ong Kuan Lin > 2016-03-04 20:31 | Report Abuse

Lol

Posted by Dorcas Lai Chooi Lih > 2016-03-04 20:53 | Report Abuse

Good o no good??

ampabella

1,378 posts

Posted by ampabella > 2016-03-04 21:32 | Report Abuse

chee luck kah.... what happen

newbie119

53 posts

Posted by newbie119 > 2016-03-04 21:52 | Report Abuse

This Genetec banyak pattern recently,name already bad, director treat share trading like main job.

murali

5,723 posts

Posted by murali > 2016-03-05 07:57 | Report Abuse

10 becomes 1??i doubt people will like it...

Icon8888

18,658 posts

Posted by Icon8888 > 2016-03-05 08:09 | Report Abuse

Wah this is throw stone down the well

kwl8888

613 posts

Posted by kwl8888 > 2016-03-05 10:07 | Report Abuse

1st step is consolidate 10 shares become 1,
2nd step is propose right issues with free warrant,
3rd step is reduce par value to reduce debts / losses.
Feel like GENETEC follows what XOX.

Posted by moneyCOLLECTOR > 2016-03-05 10:20 | Report Abuse

Omg, i read newspaper this morning headlines & did not aware this is it. Good luck if the directors are too busy playing shares.

Posted by moneyCOLLECTOR > 2016-03-05 10:22 | Report Abuse

Good companies can grow cents company to ringgit companies by delivering consistent great results over years.

Now i just learn how to fast track it within months. What a idiot company!

John

30 posts

Posted by John > 2016-03-05 11:16 | Report Abuse

this is good news or bad news for us ?

cooling

1,676 posts

Posted by cooling > 2016-03-05 12:46 | Report Abuse

of course it's bad news...genetec quarter results like shit...then with shares consolidation....at current price will become 1.50....tell me who wants to buy 1.50 shares at times like this??... it will fall until at least 0.08 cents before consolidation...Gluck to those still holding

kwl8888

613 posts

Posted by kwl8888 > 2016-03-05 12:51 | Report Abuse

cooling, I agree with you.
Without new order, next quarterly results might suffer loss again.
After consolidation, share price more than RM 1.00,
right issue can sell higher price.

Posted by Dorcas Lai Chooi Lih > 2016-03-05 17:30 | Report Abuse

So Monday will big drop ??

jackmoo

124 posts

Posted by jackmoo > 2016-03-06 02:17 | Report Abuse

That is just proposed isnt it? Still need shareholders to approve?

hasimdaud

220 posts

Posted by hasimdaud > 2016-03-06 15:24 | Report Abuse

enetec Technology Bhd plans a share consolidation of every 10 existing shares into one consolidated share to reduce fluctuation in its share price.

In a filing with Bursa Malaysia, Genetec said the move to consolidate shares also encourages investors to view it as a long-term investment rather than a "penny stock" prone to speculative pressures.

Genetec said its issued and paid-up share capital as at Feb 25, 2016 was RM35.17 million comprising 351.73 million existing shares.

The group was also in the midst of implementing a special issue of up to 21.68 million new existing shares that represent 6.16% of its existing issued and paid-up share capital to Bumiputera investors approved by the government.

But Genetec Directors sold Genetec shares at 0.30 and 0.305 with handsome gain.They are not long-term investor but took opportunity when the price up.Now they
make proposal to cover actual scenario. No Bumiputera want to subscribes Genetec
shares because of this scenario (stupid proposal).

Icon8888

18,658 posts

Posted by Icon8888 > 2016-03-06 15:28 | Report Abuse

This is really throwing stones down the well when people are slready trapped there

0008

1,603 posts

Posted by 0008 > 2016-03-06 16:10 | Report Abuse

Now's a day , many listed company are not gaining money from the business anymore , they
gaining money from their share investor , they will keep reducing your on hand
share quantity , becareful ! Sincere advise .

oi88

51 posts

Posted by oi88 > 2016-03-06 16:22 | Report Abuse

Genetec= Another XOX counter.

XOX_

339 posts

Posted by XOX_ > 2016-03-07 05:32 | Report Abuse

At least XOX is profitable and their director dare to buy their shares but not Genetec.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5022297
http://klse.i3investor.com/servlets/stk/fin/0165.jsp
http://klse.i3investor.com/servlets/stk/annchdr/0104.jsp
http://klse.i3investor.com/servlets/stk/fin/0104.jsp

oi88 Genetec= Another XOX counter.
06/03/2016 16:22

hasimdaud

220 posts

Posted by hasimdaud > 2016-03-07 09:03 | Report Abuse

0.135 easy burnt money

hasimdaud

220 posts

Posted by hasimdaud > 2016-03-07 09:03 | Report Abuse

Culprit directors

jonbravo

428 posts

Posted by jonbravo > 2016-03-07 09:06 | Report Abuse

So called miss universe stock. Now dare to say 'pls dont blame me, i just provide stocks to watch'

mr00183

139 posts

Posted by mr00183 > 2016-03-07 09:07 | Report Abuse

Hehe cheap buy cheap buy

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