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.

12,091 comment(s). Last comment by metaverse 4 hours ago

Posted by ChongLeeWoon > 2021-10-22 15:50 | Report Abuse

Stock market is FORWARD looking. Look at Tesla's latest quarter results and their outlook going forward, we will see a blue ocean ahead for the entire EV supply chain.

Sorry Gtrade, you can continue to gaze at your rearview mirror checking the scenery BEHIND.

We focus on looking ahead and FORWARD hehe

Thks1956

430 posts

Posted by Thks1956 > 2021-10-22 16:27 | Report Abuse

Correction day, love it, next week surely exceed 50. This counter is due for healthy correction

Thks1956

430 posts

Posted by Thks1956 > 2021-10-22 16:28 | Report Abuse

Nothing to worry, weak holders can leave. gtrade welcome! Try harder to convince ppl to sell.

Vaccineyes

786 posts

Posted by Vaccineyes > 2021-10-22 17:22 | Report Abuse

Rebound next week. 50 coming, 100 next

Flamini

40 posts

Posted by Flamini > 2021-10-23 11:43 | Report Abuse

Malaysia mini Tesla . Tp rm100 ..

Vaccineyes

786 posts

Posted by Vaccineyes > 2021-10-23 17:41 | Report Abuse

Next week 50, then aim towards 100

imvu

7,888 posts

Posted by imvu > 2021-10-25 09:15 | Report Abuse

minggu ni limit up 500 , market cap jadi 25 bilion .

Vaccineyes

786 posts

Posted by Vaccineyes > 2021-10-25 10:04 | Report Abuse

Pecah 48 soon

Vaccineyes

786 posts

Posted by Vaccineyes > 2021-10-25 11:25 | Report Abuse

50 coming. Anytime soon

Posted by Jasontech > 2021-10-25 13:15 | Report Abuse

Qtr report out. Fantastic result. PAT 16M. Propose bonus issue..

Vaccineyes

786 posts

Posted by Vaccineyes > 2021-10-25 13:15 | Report Abuse

Genetec bonus issue -12 for 1, QOQ up 99%, YOY 518% up

Posted by Jasontech > 2021-10-25 13:42 | Report Abuse

Yes, all the way to 50...

calvintaneng

56,242 posts

Posted by calvintaneng > 2021-10-25 13:52 | Report Abuse

Genetec results looked good on the surface

A look inside shows concern

1st red flag

Profits are all IOU (I owe you) or Receivables

Receivables ballooned from Rm19 millions to Rm99 MILLIONS


2nd red flag

Cash depleted from Rm31 MILLIONS to only Rm10.8 millions


3rd red flag

Borrowings up from Rm9.5 millions to RM37.9 MILLIONS


Payables up from Rm3.7 millions to RM29.7 MILLIONS

If anything should happen to its debt collection it still got to pay bank loans & creditors


A fast growth but very precarious model


See how One 911 Twin Tower event wiped off a Life Time Fortune (all in one basket)

Another one cannot collect Rm2 million for job done but run away for not being able to pay for Rm200,000 construction material owed

See this very very very carefully

Posted by staypositive > 2021-10-25 13:53 | Report Abuse

Faster buy lo cos after bonus issue it won't be the same =O

calvintaneng

56,242 posts

Posted by calvintaneng > 2021-10-25 13:53 |

Post removed.Why?

Yu_and_Mee

3,455 posts

Posted by Yu_and_Mee > 2021-10-25 13:55 | Report Abuse

crazy, this is history in KLSE

Yu_and_Mee

3,455 posts

Posted by Yu_and_Mee > 2021-10-25 13:59 | Report Abuse

just wait to see whether will explode or not

calvintaneng

56,242 posts

Posted by calvintaneng > 2021-10-25 14:04 | Report Abuse

staypositive Faster buy lo cos after bonus issue it won't be the same =O
25/10/2021 1:53 PM

NO!

Insider already know about Bonus and should be buying more

BUT WHY THEY SOLD?

See

MADAM ONG PHOE BE 03-Sep-2021 Disposed 500 31.780 View Detail
MADAM ONG PHOE BE 30-Aug-2021 Disposed 2,000 30.880 View Detail
MADAM ONG PHOE BE 26-Aug-2021 Disposed 3,000 28.410 View Detail
MADAM ONG PHOE BE 11-Aug-2021 Disposed 5,000 28.130 View Detail
MR TEH KIM SENG 23-Jun-2021 Disposed 100,000 6.000

IS BONUS A DECOY TO DRAW IN WATER FISH TO CHASE GENETEC AT SUCH LOFTY HIGH AND DANGEROUS PRICES

PLEASE STAY SAFE

IF GOT GENETEC SHARES MUST SELL ALL NOW!

AND STAY FAR AWAY!


https://www.youtube.com/watch?v=UoyVZZsQ0fE

Yu_and_Mee

3,455 posts

Posted by Yu_and_Mee > 2021-10-25 14:04 | Report Abuse

This stock is one I don't understand, so no regret to miss it because no fate for me on this stock.

calvintaneng

56,242 posts

Posted by calvintaneng > 2021-10-25 14:19 | Report Abuse

I see Pang72 is the most irresponsible ignoramus in bursa

Pang72 forgot shouting in Gpacket forum when it was Rm1.60 due to Digital Bank hype

Now game over and Gpacket crashed by 90%

See Pang72 postings in Gpacket
https://klse.i3investor.com/servlets/stk/0082.jsp

Also chased MMAG at Rm1.60 by Pang72
Now MMAG collapsed 90%

See https://klse.i3investor.com/servlets/stk/0034.jsp

Where will Pang72 be when Genetec finally make a reversal?

Yezzy99108

404 posts

Posted by Yezzy99108 > 2021-10-25 14:20 | Report Abuse

Good & Bad - BI (12:1) and price will be adjusted lower for more retailers participation and liquidity

Yezzy99108

404 posts

Posted by Yezzy99108 > 2021-10-25 14:21 | Report Abuse

Probably RM 48/12 = RM 4 p/share?

Vaccineyes

786 posts

Posted by Vaccineyes > 2021-10-25 14:22 | Report Abuse

Limit up coming. Good luck all

calvintaneng

56,242 posts

Posted by calvintaneng > 2021-10-25 14:26 |

Post removed.Why?

Vaccineyes

786 posts

Posted by Vaccineyes > 2021-10-25 14:28 | Report Abuse

Buy. Starting soon

KP_RECT

46 posts

Posted by KP_RECT > 2021-10-25 14:29 | Report Abuse

Sell on news and too many red flags.

Thanks Genetec and bye bye all

Vaccineyes

786 posts

Posted by Vaccineyes > 2021-10-25 14:34 | Report Abuse

Break 49 already. 50 coming

Posted by NatsukoMishima > 2021-10-25 14:35 | Report Abuse

Bonus issue is the end game for genetec ! I will cash out before it approve ! Just look at top glove !

Yu_and_Mee

3,455 posts

Posted by Yu_and_Mee > 2021-10-25 14:37 | Report Abuse

agreed. After bonus, let's see

coolkwc

114 posts

Posted by coolkwc > 2021-10-25 14:38 | Report Abuse

cannot naik, hahahaha. Price too high people scare to chase la.

8899EL8899

2,264 posts

Posted by 8899EL8899 > 2021-10-25 14:44 | Report Abuse

genetec real hero.............make your life better.

mf

28,636 posts

Posted by mf > 2021-10-25 14:46 | Report Abuse

sell on news?

ariff145

22 posts

Posted by ariff145 > 2021-10-25 14:48 | Report Abuse

Rm55 this week, battery production never stop.. its EV

Posted by investor2021trading > 2021-10-25 14:50 | Report Abuse

hahaha, vy heavily manipulated stock! amazing, one lot also can pushed up d share price! buyers n sellers all ganged up! nice PE ratio of 127 times! only company with extremely low NOSH below 52m can achieved this fete in bursa!

RRWin89

503 posts

Posted by RRWin89 > 2021-10-25 15:09 | Report Abuse

today ppl will sell on news. I close eyes, buy. hehe. next year come back n see.

Gkhan

451 posts

Posted by Gkhan > 2021-10-25 15:23 | Report Abuse

i thot somebody said limit up

Yu_and_Mee

3,455 posts

Posted by Yu_and_Mee > 2021-10-25 15:25 | Report Abuse

goreng so high for the sake of bonus, sell on news

Yu_and_Mee

3,455 posts

Posted by Yu_and_Mee > 2021-10-25 15:27 | Report Abuse

let's see calvin correct or pang72 correct

mf

28,636 posts

Posted by mf > 2021-10-25 15:27 | Report Abuse

collect

coolkwc

114 posts

Posted by coolkwc > 2021-10-25 15:32 | Report Abuse

I'm lost actually. So when QR is damn good and issue bonus price will drop??

Posted by Nostradamus2021 > 2021-10-25 15:33 | Report Abuse

So many short sighted people. If you are going with genetec then look at long run. This isn't a glove stock where the price is volatile depending on the covid situation. This is a tech stock. Keep complaining when it drops, do you think there's a single stock where it will keep increasing and no correction? The point is to invest in the company vision of venturing into EV.

autoven

283 posts

Posted by autoven > 2021-10-25 15:35 | Report Abuse

coolkwc, the shark has goreng this counter since many months ago...sell on news now.

autoven

283 posts

Posted by autoven > 2021-10-25 15:37 | Report Abuse

the FV is only RM22.5

autoven

283 posts

Posted by autoven > 2021-10-25 15:38 | Report Abuse

soon...banks will readjust the FV

autoven

283 posts

Posted by autoven > 2021-10-25 15:38 | Report Abuse

sell now!!!!!!!!!!

coolkwc

114 posts

Posted by coolkwc > 2021-10-25 15:39 | Report Abuse

autoven, but now isn't a good news? thought only sell on bad news. God..anyway newbie here to learn something strange, hehe

autoven

283 posts

Posted by autoven > 2021-10-25 15:41 | Report Abuse

before the good QR...the shark goreng it...once the news out....shark sell to those newbie that only rely on the good QR to enter....

imvu

7,888 posts

Posted by imvu > 2021-10-25 15:42 | Report Abuse

ini petingnya stop limit

Yu_and_Mee

3,455 posts

Posted by Yu_and_Mee > 2021-10-25 15:43 | Report Abuse

Richest Person - Pang72

imvu

7,888 posts

Posted by imvu > 2021-10-25 15:43 | Report Abuse

rebound

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