GeneTech strong rise in price deserve a look in its Operations----Technically the way I look at its announcement And its Contract Amount between 57m to 59m ( US$ 15mil ) indicate Genetech is a Automated Assembly System Designer for Electric Vehicle and Battery---( nothing close to Tesla and Other Big Boys bcos those assembly Line would cost US$ 500mil (minimum )
$US15mil contract would also include parts and Commissioning of Conveyor assembly system( maybe 2 years )---Really Not alot "meat" But for a small Co., I think it is perfectly Nice..----- I check back announcement and found Genetech was a Ten Cent Co. but shrink back to RM1.0. So donT be surprised it might raise money again thru RI ( maybe not now---market too soft )
Does Genetech worth RM23.66 ( not for me to judge ) But i so sure Genetech cannot compare to MPI ( Carsem ) bcos Carsem is a OEM chip manufacturer
One thing for sure, I donT think MPI worth 43.0++ But when you have Billionarie Quek Len Chan on Standby, you just cannot push MPI down----MPI earnings is Nothing close to TopGlove, Super or Harta----Give or take MPI worth 25--30 but again Mr Quek might not agree
hahaha ...Tesla power???...Genetec assembled "Conveyor Belt system" for Co. wanting to manufacture EV like EV skateboard and EV motorised Bicycle....Not even EV Cars They come to my bank to source for Funds...Colleague really Not interest in Conveyor Belt manufacturer
I note JJ Chan’s comments. An automated assembly system manufacturer like Genetec does not necessarily mean they manufacture the whole line for the manufacture of an EV. Genetec is in the subset of being involved in the manufacture of component parts for the EV. Also there are many parts in an EV for instance battery, electronic control system, tyres etc. So for each of this part say the battery, there are again 7/8 supply chains eg stacking etc. Genetec is probably involved in only one of the supply chain for the EV manufacturer
Ironshirt, if you have the chance, do go to the reception at Genetec. You would be able to see the actual final the photograph of the actual final product ; a sophisticated manufacturing line for a German EV manufacturer
ESOS for 1.37 Loss 7.2mil for year 2020 (whole year) Profit 2.2m for First half of 2021....And you are paying RM24 for info by some house wife spying on how many lorries moving In / out Genetec factory......very funny ( useless bankers giving TP by asking / seeking HouseWife info
Thank you for your comments. I used to think I was absolutely useless and completely naive when it comes to equity investments. Reading some of your comments really make me think otherwise. I have certainly become more inspired over the past 2 months
17--Genetec45 or Genetec 17-45? I think the later looks nice. It means Genetec could range from Rm17 to Rm45 encompassing all the wishes of Genetec followers except now Genetec is >24 and looks like can go up today according to an aspirant Good luck all Genetians whatever your hopes!
Nasdaq Hits Record as Tech Racks Up Gains Stock Markets By Yasin Ebrahim Investing.com – The Nasdaq closed at record Monday, as megacap tech and chips stocks racked up gains as risk-on...
0104 GENETEC, GENETEC TECHNOLOGY BERHAD - + Additional Listing Announcement /Subdivision of Shares 24 Aug 2021, 12:44 Additional Listing Announcement /Subdivision of Shares 1. Details of corporate proposal Whether the corporate proposal involves the issuance of new type and new class of securities? N Types of corporate proposal : ESOS Details of corporate proposal : Exercise options under Employees' Share Option Scheme No. of shares issued under this corporate proposal : 249,000 Issue price per share ($$) : 1.3700 Par Value ($$) (if applicable) : 0.000 Latest issued share capital after the above corporate proposal In the following Units : 51,346,600 Issued Share Capital ($$) : Malaysian Ringgit (MYR) 86,223,522.000 Listing Date : 25/08/2021 Remarks: You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
Maybank is 8.30 today and Genetech price is 3X...Maybank earns 2billion per Qr. and Genetech makes 2.2mil in 6 months of 2021...The beauty of Goreng Stock
Ironshirt don’t you have to see actual number of shares in issue or the very least earnings per share. I have been reading my Dummies Book on buying shares so I stand to be corrected
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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....
Bgt 9963
7,445 posts
Posted by Bgt 9963 > 2021-08-21 09:15 |
Post removed.Why?