mr00183 Got insider news, they stop announcing projects but they are still taking projects due to preventing speculation. I went and visited their plant in bangi
khairul, tat 190 is plain fortune telling/tilikan raja bomoh. anybody also can simply give a figure without solid basis and facts. i also can say it can shoot until 2.50 la. coffeeshop talk only ma. lol
Price at 1.22 now is NOT because of price goreng up so much for past 4 months, it is because of share consolidation 10:1. Actually 1.22 = 0.12 cent before consolidation. Today QR results was negative again. No wonder the director keep disposing 5 months ago when genetec was goreng up to 30cent.
No big issue. Genetec has been using its profit to pay off the liabilities.. Pls compare last year liability which was Rm 161 million while this year the same quarter only 103 million. Borrowing also reduced from 32 million to 5 million. Net asset per share increased from 1.64 to 1.77
When the price starts to move up you won't dare to buy in anymore.. and after the company declare their recent projects received you will ask yourself why you made this silly move to sell at such a cheap price! : )
only value at 11c....reverse calculation....even after consolidation taken, what a mess taken by the management thinking that the counter may transform into blue chips?
Future project ? before convert 10 to 1 every drop 5 sen not after convert drop more faster then before you all still believe this counter ? This is trap la... still focus this counter ? i think no more hope....
for those who bought at 1.20 need to be patience . Need to hold longer . Im holding not because im trapped but more because I saw the potential. As Genetec net tangible asset is Rm 1.70 per share it is absolutely a bargain to buy.
@fishingChips.... long time ago i'm very support genetec this kind of company... when i saw this convert 10 to 1.... that is not a good sign for invest to,.... only to force selling it back to genetec... think about it... before you too late ... maybe no you choice, already wet your hair.
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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....
Muhammad Jamaluddin
415 posts
Posted by Muhammad Jamaluddin > 2016-05-19 16:01 | Report Abuse
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mr00183 Got insider news, they stop announcing projects but they are still taking projects due to preventing speculation. I went and visited their plant in bangi