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.

12,093 comment(s). Last comment by mf 4 hours ago

Posted by NatsukoMishima > 2021-06-25 10:30 | Report Abuse

Euro 2.0 !

William Ng

893 posts

Posted by William Ng > 2021-06-25 13:15 | Report Abuse

seems like no more power to move upwards.. maybe its time to run?

Posted by NatsukoMishima > 2021-06-25 14:18 | Report Abuse

Small profits every years but share price almost take over maybank ! Use your brain to think ,dont use your ass ! If drop rm2 - 3 one day , i will not surpriced !

Posted by WinBigTrend21 > 2021-06-25 23:18 | Report Abuse

Fundamental i trust value investor sifu; COLD EYE, as he was 1 of the top 30 share holder in this co., rank no. 6 in the 2020 Annual Report.

jutawansenyap

1,780 posts

Posted by jutawansenyap > 2021-06-27 16:01 | Report Abuse

CGB SHARE PRICE

Director collect banyak.Boleh beli sikif tunggu turun sikit.once market rebound,kita all IN CGB pulak!!!

Posted by NatsukoMishima > 2021-06-28 14:44 | Report Abuse

Cold eye will never goreng stock like this ! Only bilis will do !

Posted by NatsukoMishima > 2021-06-28 14:44 | Report Abuse

Euro 2.0 coming soon !

mamatede

3,950 posts

Posted by mamatede > 2021-06-28 15:08 | Report Abuse

Greatec booming already, Genetec coming?

mf

28,643 posts

Posted by mf > 2021-06-28 18:58 | Report Abuse

[SERBADK] Change In Director's Shareholding - DATO' AWANG DAUD BIN AWANG PUTERA on 28-Jun-2021
Stock [SERBADK]: SERBA DINAMIK HOLDINGS BHD
Announcement Date 28-Jun-2021
Director's Particular:
Name DATO' AWANG DAUD BIN AWANG PUTERA
Details of Changes:
Currency -
Date of Change Type Number of Shares
25-Jun-2021 Disposed 8,000,000
Registered Name Dato' Awang Daud Bin Awang Putera
Nature of Interest Direct Interest
Nature of Interest Direct Interest
Shares Ordinary Shares
Reason Disposal of shares in open market
Consideration -


[SERBADK] Change In Substantial Shareholder's Shareholding - EMPLOYEES PROVIDENT FUND BOARD on 28-Jun-2021
Stock [SERBADK]: SERBA DINAMIK HOLDINGS BHD
Announcement Date 28-Jun-2021
Substantial Shareholder's Particular:
Name EMPLOYEES PROVIDENT FUND BOARD
Details of Changes:
Currency -
Date of Change Type Number of Shares
23-Jun-2021 Disposed 2,035,000
Registered Name CITIGROUP NOMINEES (TEMPATAN) SDN BHD EMPLOYEES PROVIDENT FUND BOARD
Nature of Interest Direct Interest
Nature of Interest Direct Interest
Shares Ordinary Shares.
Reason i. Disposal of shares in open market.

Zachzach

1,257 posts

Posted by Zachzach > 2021-06-28 19:50 | Report Abuse

Genetec flying up to 7.2… trow LU??

Posted by NatsukoMishima > 2021-06-28 21:09 | Report Abuse

Euro 2.0 !

William Ng

893 posts

Posted by William Ng > 2021-06-28 22:45 | Report Abuse

scary.......

Posted by AbangRedTea > 2021-06-29 10:41 | Report Abuse

crazy uptrend

jutawansenyap

1,780 posts

Posted by jutawansenyap > 2021-06-29 10:48 | Report Abuse

Ok.. Naik dh 150% from my buying price. Cannot tahan. I jual hari ni

Posted by wallstreetrookie > 2021-06-29 10:53 | Report Abuse

Price target: RM15

Posted by Impr3zsion > 2021-06-29 11:21 | Report Abuse

Wah shiok. Missed the boat when it was 2.60. Best lah whoever supporting this counter! Keep it up

Zachzach

1,257 posts

Posted by Zachzach > 2021-06-29 11:44 | Report Abuse

Wallstreet : where u get source tp rm15?

Posted by akmalrizal786 > 2021-06-29 12:08 | Report Abuse

run

Cakes Moon

6,929 posts

Posted by Cakes Moon > 2021-06-29 12:15 | Report Abuse

Who bought early this month already gain 100% profit.
So sad that I missed this golden boat.

Stockisnotfun

5,143 posts

Posted by Stockisnotfun > 2021-06-29 13:16 | Report Abuse

This is not the newly launched ipo company?

Posted by NatsukoMishima > 2021-06-29 14:39 | Report Abuse

Euro 2.0 !

Posted by Hew Kiong Peng George > 2021-06-29 15:35 | Report Abuse

Cold eye holds 2k lots betul liak liak. Cost around 1.20

Zachzach

1,257 posts

Posted by Zachzach > 2021-06-29 16:07 | Report Abuse

LU all this week…

genghis

451 posts

Posted by genghis > 2021-06-29 17:59 | Report Abuse

gila pig,more terror than mpi

William Ng

893 posts

Posted by William Ng > 2021-06-29 18:55 | Report Abuse

who say FA cant earn gila gila like this, mr. fong so geng!!!

mf

28,643 posts

Posted by mf > 2021-06-30 01:33 | Report Abuse

zzz

Posted by WinBigTrend21 > 2021-06-30 06:17 | Report Abuse

Had read some of Fong sifu's book, he said dont simply sell for a little profit unless a co. stop growing. In this case, i think Genetec is growing, secured more and more EV project.... wish he also right on MBSB, he hold more than 20 million shares.

Posted by Loh Ken Nei > 2021-06-30 09:17 | Report Abuse

waterfall coming?

Posted by ChongLeeWoon > 2021-06-30 10:10 | Report Abuse

https://www.klsescreener.com/v2/news/view/848125

PETALING JAYA: Ace Market-listed Genetec Technology Bhd is expected to reap the benefits of the growing electric vehicle (EV) space, as countries worldwide continue to ramp-up production of such vehicles.

Citing the Global EV Outlook 2021 that was published by the International Energy Agency in April, CGS-CIMB said the global electric car stock reached 10.2 million in 2020, which was a 43% year-on-year (y-o-y) growth.

“In 2020, China had the largest electric car fleet with 4.5 million units, followed by Europe with 3.2 million, ” the research house said in a report.

It noted that although the global car market shrank by 16% y-o-y in 2020 due to the negative impact of the Covid-19 pandemic on the economy, global electric car sales still rose 51% y-o-y to 3.1 million units last year.

“Overall, the market share of electric cars in the global car market (volume) grew from 2.6% in 2019 to 4.6% in 2020.

“The stronger demand for electric cars was led by Europe with 1.4 million new registrations, followed by China and the United States with 1.2 million and 295, 000, respectively.”

CGS-CIMB noted that Genetec recently announced it had secured RM204.6mil worth of orders across multiple-end applications such as EV and battery, automotive, hard-disk drives and consumer electronics.

“EV and battery orders made up 93% or RM189.4mil of its total secured orders from February to date.

“Based on these new projects, its outstanding order book is 2.1-times its total 2021 revenue. Genetec states that the length of these projects normally range from three to nine months.”

Genetec is primarily involved in the design and production of automation systems. Its products and services cater to various industries, focusing on EVs, hard disk drives and electronic industries.

For its financial year ended March 31, 2021, the company’s revenue rose 20.9% y-o-y to RM97.1mil, mainly due to higher sales volume.

CGS-CIMB noted that Genetec recorded a pre-tax loss of RM4.8mil in 2021.

“According to Genetec, the wider loss in 2021 was mainly due to less profitable product mix, higher operating costs and increase in development costs for future projects.

“This is notwithstanding several one-off items such as RM2.8mil in respect of share-based payment from granting of share options to eligible directors and employees, as well as foreign exchange losses.”

The bulk of Genetec’s revenue is derived from overseas markets, which contribute around 87% to its topline.

“The bulk of its overseas revenue is derived from Europe, China and Thailand, while revenue from the United States only contributed 1% to its 2020 revenue.

“Genetec has stated plans to increase sales to this region, moving forward, in tandem with its plans to expand further into the EV market, ” said CGS-CIMB.

Posted by ChongLeeWoon > 2021-06-30 10:11 | Report Abuse

Genetec announced 200m+ orderbook secured from EV co (the BIGGEST name in EV)

Assuming for new FY22,
RM250m revenue, RM40m profit
PE30 : RM1.2b/50m shares = RM24
PE50 : RM2b/50m shares = RM40

Calculation for educational purposes and thesis testing only hahaha

jutawansenyap

1,780 posts

Posted by jutawansenyap > 2021-06-30 10:38 | Report Abuse

1 month almost 150%.sapa nak bagi. Will using technical. Suspecting selling 1 2 days from market. Kekeke

ViWizard

780 posts

Posted by ViWizard > 2021-06-30 11:18 | Report Abuse

this stocks apa cerita keep up saje

Posted by Williamtaychunkit > 2021-06-30 13:52 | Report Abuse

some peoples moved to MICROLN yesterday and today.

Zachzach

1,257 posts

Posted by Zachzach > 2021-06-30 14:39 | Report Abuse

Today down how?

Posted by wallstreetrookie > 2021-06-30 15:25 | Report Abuse

Risk-on

Zachzach

1,257 posts

Posted by Zachzach > 2021-06-30 15:31 | Report Abuse

I think after 4 will have a show

Posted by wallstreetrookie > 2021-07-01 10:59 | Report Abuse

Panic buy

Zachzach

1,257 posts

Posted by Zachzach > 2021-07-01 11:10 | Report Abuse

Who is mr foong??

Posted by ChongLeeWoon > 2021-07-01 12:45 | Report Abuse

29th June : 6.2m traded, high of 9.14

Today T+2,
1st July : 1.2m traded (morning session), high of 9.40

This shows that the accumulation of Genetec units for the past 3 days are investors who can HOLD the shares to realize the whole EV growth potential of Genetec.

Yes, for sure there would be traders/contra-players but percentage is smaller. Price trend is holding well so far which tilts the odds towards investors and holders for the long term.

Good show for later afternoon.

bigmacmj

259 posts

Posted by bigmacmj > 2021-07-01 15:52 | Report Abuse

fly fly fly

Posted by billybob123 > 2021-07-01 16:23 | Report Abuse

Genetec is growing a lot because of the electric vehicle automotive. That industry is shooting up. Look at NIO and CCIV they are all shooting up also. So I believe this company will continue to shoot up due to growth in the industry.

excelyou

1,255 posts

Posted by excelyou > 2021-07-01 17:03 | Report Abuse

Time to sell. My greatest investment in 6 months.

Posted by billybob123 > 2021-07-01 17:30 | Report Abuse

Genetec will hit 18 or even higher. Cuz 18 is the fair value according to simplywallstreet.

ggcomliao

1,442 posts

Posted by ggcomliao > 2021-07-01 18:14 | Report Abuse

simplywallst can trust ah

billybob123 Genetec will hit 18 or even higher. Cuz 18 is the fair value according to simplywallstreet.
01/07/2021 5:30 PM

Posted by NatsukoMishima > 2021-07-01 21:11 | Report Abuse

This stock really worth rm 10 ??? September u will cry !

Flying Fox

849 posts

Posted by Flying Fox > 2021-07-01 22:07 | Report Abuse

Something is……?

bigmacmj

259 posts

Posted by bigmacmj > 2021-07-02 00:56 | Report Abuse

This counter only have 50 mil share. Lack of share in open market

Posted by wallstreetrookie > 2021-07-02 06:41 | Report Abuse

A little overextended. Target price might be a little unrealistic

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