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 !
[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.
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.
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.
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.
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.
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....
NatsukoMishima
7,883 posts
Posted by NatsukoMishima > 2021-06-25 10:30 | Report Abuse
Euro 2.0 !