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.
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.
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.
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.
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.
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.
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.
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.
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
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.
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).
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 .
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
upsidedown119
4,326 posts
Posted by upsidedown119 > 2016-03-02 12:26 | Report Abuse
Force-sell only for those T3 traders.