Posted by wallstreetrookie > 2021-08-02 14:27 | Report Abuse

China crackdown on big tech poised to continue. Investors bet on the possibility of a seismic shift towards green energy/EV (BYD, Nio, Jinko Solar, Daqo Solar) from local big tech (Alibaba Group, Tencent, JD.Com) in terms of policy the Chinese government.

Posted by ChongLeeWoon > 2021-08-02 22:49 | Report Abuse

TESLA up 5%+ now.

Hot day for Genetec tomorrow?

Posted by MR. BEAN > 2021-08-02 23:34 | Report Abuse

let push higher.
I love you all.
1300% gain just 8 months.
Patient is gold.

Posted by Zachzach > 2021-08-03 08:23 | Report Abuse

Buy buy
Go genetec go

Posted by Bgt 9963 > 2021-08-03 08:33 |

Post removed.Why?

Posted by ariff145 > 2021-08-03 09:39 | Report Abuse

Go go go TP Rm 40

Posted by Zachzach > 2021-08-03 12:25 | Report Abuse

Breaking 24 today….!!

Posted by ChongLeeWoon > 2021-08-03 14:15 | Report Abuse

So, at RM23-24, is GENETEC running ahead of valuations, or still more upside to go?

What we know so far:
-FY22 forecast PAT 40m.
Almost a given as to whether the company can hit 40m as Q1 announced PAT 8m, 20% of full year target.

-PE 40 x PAT 40m = RM1.6b
RM1.6b = RM32 per share
Current market cap of 1.2b is ~75% of the full FY22 value, meaning the market today is pricing in only approx. 6 months ahead as Q1 just announced.

Key Upside Catalysts:
-Improving margins and higher profit for coming quarters, potentially exceeding FY22 40m forecast
-New orders for FY23 (!!)

According to management:
"The company expects more orders to roll in going forward, will announce if hits the required treshold by Bursa"
Bursa threshold for material order/contract wins = more than 10% of latest published annual revenue.

Previous announcements on new orders:
19-Feb RM56.0m
10-Mar RM59.5m
20-May RM41.2m
17-Jun RM47.9m

About time to announce new orders for FY23?
How much longer to wait?

Won't be long... i guess :)

Posted by shiby > 2021-08-03 14:35 | Report Abuse

amazing.future prospect look good.need to collect on dip

Posted by Zachzach > 2021-08-03 15:11 | Report Abuse

Hope to stay above 24 today

Target this week : 27 oklaa

Posted by iTelex5 > 2021-08-03 15:26 | Report Abuse

Bukit Kayu Hitam = Rm100!!!??

Posted by Zachzach > 2021-08-03 17:53 | Report Abuse

Still up and strong closing at 23…

Posted by iTelex5 > 2021-08-03 21:07 | Report Abuse

pang72, you sure you won't drive to Hatyai? You got police permit or not? So, how much is Hatyai? People! If pang72 drives straight to Hatyai, then Genetec is going to be worth >Rm100.

Posted by karuppudurai > 2021-08-03 22:26 | Report Abuse

wow wow if RM100 i can buy Tesla

pang72 iTelex5 Bukit Kayu Hitam = Rm100!!!??
03/08/2021 3:26 PM

WOW!! HIHI!!
HOLD TIGHT TIGHT...
03/08/2021 3:27 PM

Posted by iTelex5 > 2021-08-03 23:02 | Report Abuse

So, short term = Rm35 = stopping to eat curry mee in Ipoh

Posted by guppycrow > 2021-08-04 08:32 | Report Abuse

Beta pro inverse stock buy

Posted by Bgt 9963 > 2021-08-04 08:45 |

Post removed.Why?

Posted by Zachzach > 2021-08-04 09:32 | Report Abuse

Go go break 24 and stay above 24…!

Posted by ooi8888 > 2021-08-04 11:42 | Report Abuse

ah pang gor everyday got claypot stewed water fish + baked abalone with butter.

Posted by ooi8888 > 2021-08-04 11:44 | Report Abuse

enjoy life to the fullest

Posted by Bgt 9963 > 2021-08-04 17:06 |

Post removed.Why?

Posted by shiby > 2021-08-04 17:14 | Report Abuse

@pang72.bought at 22.74 so that i can monitor whether it can go BKT Kayu Hitam as you said..lol

Posted by Zachzach > 2021-08-04 23:22 | Report Abuse

Everyday up 1-3% ok laa

Posted by 117021 > 2021-08-05 11:57 | Report Abuse

hahaha...

Posted by Zachzach > 2021-08-05 21:25 | Report Abuse

Trow up kaw kaw

Posted by Sweetchocalates > 2021-08-06 00:51 | Report Abuse

KEKW

Posted by Bgt 9963 > 2021-08-06 08:50 |

Post removed.Why?

Posted by Zachzach > 2021-08-06 11:39 | Report Abuse

Break 25!!

Posted by ooi8888 > 2021-08-06 11:48 | Report Abuse

wow, ah pang kor fatt tatt liao, can go to hatyai wet-wet song-song?

Posted by shiby > 2021-08-06 12:20 | Report Abuse

@pang72. so suprise to see in my portfolio it shoot up to 25.82. now i think it can go to hatyai as you said..lol.happy day

Aug 4, 2021 5:14 PM | Report Abuse

@pang72.bought at 22.74 so that i can monitor whether it can go BKT Kayu Hitam as you said..lol

Posted by IvanC > 2021-08-06 12:21 | Report Abuse

congratulation share holder. Currently still stick to my TP 2 weeks ago rm29

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

Hold hold till 40!!

Posted by HomeSweeHome > 2021-08-06 12:36 | Report Abuse

Happy to hear that the winner take all.

Posted by WinBigTrend21 > 2021-08-06 12:53 | Report Abuse

Most of the time, high will go higher, low will go lower... seem Sam & Genetec compete for the top spot!

Posted by ChongLeeWoon > 2021-08-06 15:55 | Report Abuse

Every retrace is an opportunity for those who missed out earlier.

And for those who wish to add weight to their position.

Happy Investing to all.

Posted by Mimichan > 2021-08-06 17:04 |

Post removed.Why?

Posted by Sunflower01 > 2021-08-06 17:13 | Report Abuse

wow

Posted by Bgt 9963 > 2021-08-06 17:22 |

Post removed.Why?

Posted by bulldog > 2021-08-06 19:43 | Report Abuse

Accumulation in progress

Huat chaiii

Posted by ChongLeeWoon > 2021-08-06 23:07 | Report Abuse

GENETEC vs GREATECH - Who is King ???

https://klse.i3investor.com/blogs/evbattery/2021-08-06-story-h1569622059-GENETEC_vs_GREATECH_Who_is_KING.jsp

Posted by Bgt 9963 > 2021-08-07 09:09 |

Post removed.Why?

Posted by NatsukoMishima > 2021-08-07 15:19 | Report Abuse

Very curious of how high it can reach n how fast it wlll drop !!

Posted by ChongLeeWoon > 2021-08-07 21:25 | Report Abuse

Everyone is curious...

Maybe very soon Genetec will 'drop' to RM28

Then next month 'drop' again to RM32 ;)

Posted by WinBigTrend21 > 2021-08-07 22:16 | Report Abuse

Bro, Its only the Starter, Main Course still a long way; may be 2030! White - House Wants 40% Of US New Car Sales To Be EVs By 2030.

Posted by Bgt 9963 > 2021-08-08 10:40 |

Post removed.Why?

Posted by Cakes Moon > 2021-08-08 22:35 | Report Abuse

Tomorrow kasi dia RM27!!!

Posted by iTelex5 > 2021-08-09 07:39 | Report Abuse

Limit Up is Rm32.

Posted by iTelex5 > 2021-08-09 08:15 | Report Abuse

As I understand it, EV market is hot, vrooooom, vrooooooom, lah.
America 2030, 40% EVs lah. So today got chance Genetec goes crazy lah.

Posted by Bgt 9963 > 2021-08-09 08:52 |

Post removed.Why?

Posted by Zachzach > 2021-08-09 08:57 | Report Abuse

Go go stay above 25 today …