Posted by RogerTan901111 > 2020-02-26 21:04 | Report Abuse

Good results

Posted by Investor 9999 > 2020-02-27 07:03 | Report Abuse

Genetec expect price gap up for a fantastic Q3 result with Q3 EPS 20 Sen and 9 mth YTD EPS of 18.1 Sen

Valuation of RM2 to RM2.50 with PE range of 8 to 10.

Genetec is due for rerating given its improvement in top and bottom line in Q3 and also its recent announcement on 4 Feb 2020 on securing new orders of RM38.5 mil for its new financial year ended 31 March 2021.

At 163 Sen, it is currently trading on historical PE 11.8 based on FY 2019 EPS of 13.82 Sen and forward PE 6.52 using a projected EPS 25 Sen for FY2020. Based on our projected FY 2020 EPS of 25 Sen ( 9 mth YTD EPS is 18.1 Sen) , using PE 8 to 12 would give GENETEC a valuation range of RM2.00 to RM2.50.

For 9 mth YTD FY 2020 the Co recorded a revenue of RM72 mil (9 mth YTD FY 2019 RM82.8 mil) and a net profit of RM7.3 mil (9 mth YTD FY 2019 RM9.7 mil) with an EPS of 18.1 Sen (FY 2019 23.45 Sen).

Note that in FY 2019, there was an impairment of RM5 mil goodwill written off in Q4 FY 2019 turning it into a net loss after tax of RM 3.7 mil for Q4 and FY 2019 result with a lower profit of RM6 mil with EPS 13.82 Sen


REVIEW OF PERFORMANCE

For the current quarter Q3 ended 31 December 2019, the Group recorded a revenue of RM40.1 million, an increase of 16.2% or RM5.6 million as compared to a revenue of RM34.5 million recorded in the preceding corresponding quarter ended 31 December 2018.

The Group recorded a net profit before tax of RM8.1 million (NPAT RM8.1 mil with EPS of 20 Sen) for the current quarter under review as compared to a net profit before tax of RM5.0 million (NPAT RM5.0 mil with EPS of 12.4 Sen) in the preceding corresponding quarter ended 31 December 2018.The increase in net profit before tax was mainly attributable to higher sales volume achieved and improved operational efficiency.

Posted by abc123 > 2020-02-27 09:38 | Report Abuse

No gap up yet? 9999 please push!

Posted by Sebastian Power > 2020-03-31 09:57 | Report Abuse

boss sudah beli, apa tunggu apa lagi? Average price RM1.1

Posted by zhangliang > 2020-04-12 11:55 | Report Abuse

agree with sebastian power

Posted by Gen2 > 2020-06-24 10:11 | Report Abuse

Why CKV resigned ?

Posted by cola > 2020-06-24 10:48 | Report Abuse

Don't worry about CKV resignation. His shareholding has increased from 10.19% (June 2019) to 15.59% as of yesterday.

Posted by mf > 2020-06-24 17:50 |

Post removed.Why?

Posted by Gen2 > 2020-06-24 18:21 | Report Abuse

cola what not worry! He is the key person running the company forefront.

Posted by cola > 2020-06-24 21:55 | Report Abuse

He is the biggest shareholder and a non executive director, not the key persons that run day to day operation.
All the top 3 shareholders (and they are in the BOD) are increasing their shareholding in the company in the last 6 months. They wont do that unless they have confidence in the business.

Posted by Gen2 > 2020-06-24 23:57 | Report Abuse

cola go check back how many shares the top management especially CKV owned 10+ years before compare now. You know what I mean by worry.

Posted by cola > 2020-06-25 09:32 | Report Abuse

Talking about history about this stock. It was once a darling stock back in 2015/2016. During the peak time, the top shareholder reduced his holding quite significantly before the price crash. After that, there was a reverse split (10:1).

Now, all the top 3 shareholders are increasing their shareholding again. However, the main reason I am in is because I think they are in the right business; not entirely due the insider activities. I see it as potential turn-around stock.

I have not looked at the QR in detailed, but the business was impacted due to COVID19, right? and also some impairment loss....

Anyway, there are still a lot uncertainties in the market. Consider selling or reducing position if you are worried.

Posted by Xcalibre > 2020-06-25 09:56 | Report Abuse

Warrior Traders VIP owner... how much you still hold in Genetec since buy call was made earlier?Gold club pulak....

Posted by Xcalibre > 2020-06-25 09:58 | Report Abuse

Warrior Traders VIP owner... are you buying more now since lower price? You need to walk the talk.... and reply here ....

Posted by Xcalibre > 2020-06-25 10:06 | Report Abuse

Don't think the Warrior Traders VIP owner has the balls to answer queries here.... so called stock guru....

Posted by Gen2 > 2020-06-25 11:16 | Report Abuse

cola they have been in the right business many years ago, with CKV leadership the results were mixed but still generating not too bad profits. Going forward, without CKV can they still performed the mixed results as previous or they are able to outperform in the semicon related market ?

Posted by zhangliang > 2020-06-26 23:30 | Report Abuse

Supporting well, will fulfill order soon since mco lifted. Next qr sure rebound kao kao

Posted by Dkk08 > 2020-06-26 23:58 | Report Abuse

Xcaliber,You still dare to trust those gurus recommendation?? WTVIP on 23/6 posted"Genetec director keep on buying what u afraid of"? But on 24/6 posted "what we learn from Genetec results,as a trader we need to adhere to cut loss point 1.49" U-tun like politicians la..hahaha

Posted by zhangliang > 2020-07-11 21:29 | Report Abuse

Slow & low volume. When will volume come in. Dufu almost rm6, JCY & Notion oso Jalan. Don keep me waiting long time

Posted by Xcalibre > 2020-07-17 16:54 | Report Abuse

@Dkk08 Not trusting the So called Stock Guru (Warrior Traders VIP pulak)... all these con men strategy and pump and dump......Luckily I didn't pay for their course...

Posted by zhangliang > 2020-08-09 22:41 | Report Abuse

Wah rm1.7 Friday den fall back. Boleh rebound monday?

Posted by Xcalibre > 2020-08-10 14:26 | Report Abuse

This is con artist job... Up already quick Chao first before the so called Warrior Trader get out before you...
Don't be conned by WT in tricking you to enter.. Once you enter.. WT will sell

Posted by Xcalibre > 2020-08-10 14:44 | Report Abuse

Later Warrior Trader will ask you to cut loss when it's down...

Posted by 86 > 2020-08-13 10:03 | Report Abuse

suspended? any good news?

Posted by zhangliang > 2020-08-16 18:19 | Report Abuse

Don noe, really?

Posted by LC LAU > 2020-12-25 01:15 | Report Abuse

lao sai

Posted by lavenderong > 2021-01-18 09:39 | Report Abuse

Genetec limit up. Wow. Look for cheap tech stocks to go in. ARBB.

Posted by Nick > 2021-01-18 09:39 | Report Abuse

Limit up

Posted by apolloang > 2021-01-18 11:53 | Report Abuse

another corner stock.....4.00 kambing?

Posted by pfsurewin > 2021-01-18 12:18 | Report Abuse

look like going for rm10 soon.... car battery to vroom?

Posted by Silentreader88 > 2021-01-18 12:46 | Report Abuse

most counters ends with "tech" fly high today.
will cheap and laggard like systech follow?
price still on the floor

Posted by pfsurewin > 2021-01-18 13:42 | Report Abuse

I believe sth brewing here... sth hotz... better than greatech?

Posted by pfsurewin > 2021-01-18 14:31 | Report Abuse

that's I am waiting for UMA or else no chance to buy cheap

Posted by pfsurewin > 2021-01-18 15:42 | Report Abuse

aiming good price...

Posted by investor9000 > 2021-01-18 16:43 | Report Abuse

sold some at 2.63.

Posted by pfsurewin > 2021-01-18 18:14 | Report Abuse

another limit up tomorrow? huat a

Posted by alphajack > 2021-01-18 18:14 | Report Abuse

huat arrrrrrr

Posted by foong2 > 2021-01-18 22:12 | Report Abuse

Uma how to limit up?

Posted by pfsurewin > 2021-01-18 22:31 | Report Abuse

replied to UMA liao.. " tak tahu" _ .. normal la... tomorrow see shark can belanja teh tarik or not..

Posted by pfsurewin > 2021-01-19 09:09 | Report Abuse

big customer coming? huat

Posted by soonheng > 2021-01-19 09:10 | Report Abuse

Genetec Technology is designing and building of customized factory automation equipment and integrated vision inspection systems. The company operates solely in the Industrial Automation segment. The company serves a diverse set of markets including automotive, hard disk drive industries, semiconductor, and electronics.

Posted by pfsurewin > 2021-01-19 09:10 | Report Abuse

masuk while still cheap

Posted by foong2 > 2021-01-19 10:54 | Report Abuse

big customer coming? huat..........pfsurewin-how u know?

Posted by LOOK009 > 2021-01-19 10:58 | Report Abuse

Also (MSNIAGA 5011)(HIGHTEC 7033) will be the target of the rise.

Posted by pfsurewin > 2021-01-19 16:37 | Report Abuse

see sawing... nice

Posted by Sunflower01 > 2021-01-19 17:47 | Report Abuse

guys why down trend hah

Posted by flutist88 > 2021-01-19 19:02 | Report Abuse

something is brewing.. will goes to ATH RM4 at least

Posted by pfsurewin > 2021-01-19 20:07 | Report Abuse

flutist do you know what is brewing? can share share?

Posted by flutist88 > 2021-01-20 01:06 | Report Abuse

great news coming soon.. stay tune!

Posted by pfsurewin > 2021-01-20 08:59 | Report Abuse

recently north america hdd customer wanna pump 400mil into malaysia... genetec can get big slice? or new automotive customer?