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 2 hours ago

Posted by stockinvestorbest > 2021-07-06 22:37 | Report Abuse

GENETEC analysis video

https://www.youtube.com/watch?v=_NOTaDy8XFw

Posted by Oracle_of_Delphi > 2021-07-07 01:09 | Report Abuse

The reason Genetec is up so much is because the EV contract that they won is from non other than Tesla, hence the hype. Genetec has spent the last few years in qualification stage to become Tesla's tier-1 supplier, and their recent contract wins is for building the machines for Tesla's new battery assembly line. There were whispers in the market of Genetec's "new customer" but nobody knew who it was, that was until CIMB held a conference with analysts and fund managers recently with new info. Not surprisingly, institutionals have been snapping up the shares like hotcakes fresh out the oven. Even the guys at Greatech were surprised with Genetec's sudden emergence as a Tesla supplier. Hahaha

The RM42m you see in the announcement is only a small part for now, as the market expects that Genetec will get further contracts for building up more battery assembly lines in other Gigafactories. Tesla really like building their own batteries, don't they? That's why valuations have been soaring driving the price up even further.

Haih, institutions should really share info like this to retailers. So kesian you all scratching your heads and trying to read charts.

Zachzach

1,257 posts

Posted by Zachzach > 2021-07-07 08:01 | Report Abuse

Break 17 today?

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-07-07 08:42 |

Post removed.Why?

trum

7,640 posts

Posted by trum > 2021-07-07 08:58 | Report Abuse

Wow. Wait for me.

trum

7,640 posts

Posted by trum > 2021-07-07 08:59 | Report Abuse

Case study

Ricky Yeo

1,637 posts

Posted by Ricky Yeo > 2021-07-07 09:27 | Report Abuse

Steady, a company that never made more than $10 mil a year can have a valuation of $800 mil

lkoky

539 posts

Posted by lkoky > 2021-07-07 09:45 | Report Abuse

when momentum is on, it is unstopable

Ricky Yeo

1,637 posts

Posted by Ricky Yeo > 2021-07-07 10:23 | Report Abuse

More like unstoppable FOMO power

Zachzach

1,257 posts

Posted by Zachzach > 2021-07-07 10:33 | Report Abuse

Breaking 17 soon

Zachzach

1,257 posts

Posted by Zachzach > 2021-07-07 10:43 | Report Abuse

17 about to break

genghis

451 posts

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

TP 600

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2021-07-07 11:17 | Report Abuse

TP 40, GENETEC WORTH MORE THAN MPI,






JOM GORENG

Zachzach

1,257 posts

Posted by Zachzach > 2021-07-07 11:17 | Report Abuse

17 broke
Now 18….soon !!

Dannyfyl88

1,215 posts

Posted by Dannyfyl88 > 2021-07-07 12:00 | Report Abuse

Congrats to All who have balls to add at 12. This goes up 10-20% everyday... Wow... really impressive...

Dakewlest

1,755 posts

Posted by Dakewlest > 2021-07-07 13:21 | Report Abuse

Want to buy again but the price is high…

mf

28,643 posts

Posted by mf > 2021-07-07 14:02 | Report Abuse

07-Jul-2021 Additional Listing ESOS - 100,500 shares at 1.370.

Zachzach

1,257 posts

Posted by Zachzach > 2021-07-07 14:13 | Report Abuse

So esos for staff buying…more good news!

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-07-07 14:15 |

Post removed.Why?

Hengoredi

262 posts

Posted by Hengoredi > 2021-07-07 14:15 | Report Abuse

Aiyah, sold yesterday.

Zachzach

1,257 posts

Posted by Zachzach > 2021-07-07 14:17 | Report Abuse

Tq bgt9963 - is that ur plate num?

KINGCOBRA

550 posts

Posted by KINGCOBRA > 2021-07-07 14:23 | Report Abuse

price going up like CRAZY with company profit like SHIT but yet BSKL pretend to closed one-eyed...something NOT right somewhere right under investors eyes!!!!!!!!!! WHAT'S GOING ON WITH BSKL????????

Dannyfyl88

1,215 posts

Posted by Dannyfyl88 > 2021-07-07 15:18 | Report Abuse

Papaya... It is a classic Pump and Dump in the making. But the TA will probably push this up to 20. It seems possible at this rate. I Congrats all who have Steel Balls to buy at 17 now and sell at 21 this week. Wow... impressive.....

Hengoredi

262 posts

Posted by Hengoredi > 2021-07-07 15:46 | Report Abuse

WAIT FOR ANY RETREAT LO.. TO ENTER AGSIN LO...

I REENTERED DURING SMALL ADJUSTMENT TOGETHER WITH DIRECTOR YESTERDAY

No la bro Pang, I bought at 4.10 on 9/6. Enough already la. Invest elsewhere.

Vaccineyes

786 posts

Posted by Vaccineyes > 2021-07-07 16:40 | Report Abuse

This week 20+

Posted by WinBigTrend21 > 2021-07-07 16:59 | Report Abuse

Not enough ticket, giant still buying

mamatede

3,950 posts

Posted by mamatede > 2021-07-07 17:00 | Report Abuse

When in at RM6, now 190% profit.

Vaccineyes

786 posts

Posted by Vaccineyes > 2021-07-07 17:02 | Report Abuse

This week 20+

Posted by WinBigTrend21 > 2021-07-07 17:13 | Report Abuse

What i learnt fr. COLDEYE, the most important factor for capital gain was growth... maybe he got the vision/forward thinking of this co. that we dont have... otherwise we will be a multi-millionaire like him.... time will tell but i salute him.. i own all his books

Papayashot

380 posts

Posted by Papayashot > 2021-07-07 20:22 | Report Abuse

Ya, I respect COLDEYE, willing to invest even though cashflow negative for many years (FY2020 is the worst). This totally contradicts with his philosophy.

Most probably he knows something from the company. Otherwise, i dun think he will invest in such company. After all, considering his status, he must know lots of people, & might know some insider news from the company that ordinary peoples cannot access.

ooi8888

1,650 posts

Posted by ooi8888 > 2021-07-07 20:27 |

Post removed.Why?

chtan33

242 posts

Posted by chtan33 > 2021-07-07 20:29 | Report Abuse

tonight Elon Musk help to promo... tomorrow RM30/=

cm78my

129 posts

Posted by cm78my > 2021-07-07 22:44 | Report Abuse

cold eye 2019 dah beli。。。so kaya

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-07-07 22:46 |

Post removed.Why?

kktan63

69 posts

Posted by kktan63 > 2021-07-07 23:21 | Report Abuse

genetec is a bubble

mf

28,643 posts

Posted by mf > 2021-07-08 05:01 | Report Abuse

Astro AWANI

Tempoh memberi sokongan kepada Tan Sri Muhyiddin Yassin selaku PM ditarik balik dan ditamatkan serta-merta, kata Presiden UMNO, Datuk Seri Ahmad Zahid Hamidi
Ikuti berita terkini di grid.astroawani.com
#PolitikMalaysia #AWANInews

Zachzach

1,257 posts

Posted by Zachzach > 2021-07-08 09:25 | Report Abuse

Cm78my : how u know coldeye bought 2019?

Jokers2020

2,006 posts

Posted by Jokers2020 > 2021-07-08 10:15 | Report Abuse

below rm15 will start collect

Jokers2020

2,006 posts

Posted by Jokers2020 > 2021-07-08 10:25 | Report Abuse

come come drop more....

Dannyfyl88

1,215 posts

Posted by Dannyfyl88 > 2021-07-08 10:50 | Report Abuse

Below 15 should run... as the bubble has popped! Anyway, good luck/congrats to All holding. From 4 to 18 is 450% gain in one month on a money-losing company is very impressive. Much much more than what gloves have done. Regrets for not buying at 6.5. Could have gained all my losses from gloves back. WTF...

dalpinia

2,299 posts

Posted by dalpinia > 2021-07-08 11:17 | Report Abuse

Papayashot ....you are right....coldeye not god, he just"know-who" & "know-how"....we earned enough can cabut, dont let the small fish eaten by all the crodiles.....run fast fast...

Zachzach

1,257 posts

Posted by Zachzach > 2021-07-08 11:18 | Report Abuse

Impossible at 15
Price from 17.4
Will break 18 after lunch

Dannyfyl88

1,215 posts

Posted by Dannyfyl88 > 2021-07-08 11:38 |

Post removed.Why?

TunDaim

384 posts

Posted by TunDaim > 2021-07-08 12:03 | Report Abuse

will follow my MPI

Posted by WinBigTrend21 > 2021-07-08 12:51 | Report Abuse

Just add some, try my luck, collect this stock since early january this year @ 2.20 bcos i discover COLDEYE appeared in 99 & 20 AR, furthermore EV theme sure will come one day ... nonetheless, whether u base on FA or TA to invest or gamble for short term, risk within our control, follow our own SOP.... for me, just cut loss if drop more than 10%.

Posted by WinBigTrend21 > 2021-07-08 13:22 | Report Abuse

Fundamentally this co. is better than alot of listed co in KLSE, net cash, positive operating cash flow and involve in a huge potential sector, altho. currently dont hav good track record... frankly, im new in stock, only active in end 2019, i believe the true champion Value Investor was the one can smell/discover a co. value way ahead from others... not until a good QR out and everybody discover.

josephn

757 posts

Posted by josephn > 2021-07-08 13:57 | Report Abuse

Hightech going to chase Genetech, another Genetech in the making, morning session limit up

Jokers2020

2,006 posts

Posted by Jokers2020 > 2021-07-08 15:34 | Report Abuse

let see 4.30pm will drop how low?...

Posted by WinBigTrend21 > 2021-07-08 16:13 | Report Abuse

Likely will go green altho. market so bad?

Jokers2020

2,006 posts

Posted by Jokers2020 > 2021-07-08 16:50 | Report Abuse

no chance to collect below rm15..patience2.

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