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 2 hours ago

Yezzy99108

404 posts

Posted by Yezzy99108 > 2021-11-03 21:16 | Report Abuse

MPI finally lost the tech king crown to Genetec

calvintaneng

56,242 posts

Posted by calvintaneng > 2021-11-03 22:44 | Report Abuse

12 Bonus are like 12 Whales blowing bubbles
All who go in and buy while be caught

See

https://www.youtube.com/watch?v=z00G0RxeSP0

calvintaneng

56,242 posts

Posted by calvintaneng > 2021-11-03 22:49 | Report Abuse

Will catch the Biggest fish

https://www.youtube.com/watch?v=JNhldKgPRg0

Vaccineyes

786 posts

Posted by Vaccineyes > 2021-11-04 08:41 | Report Abuse

50 coming, 70 next. Genetec never disappoints

Posted by billybob123 > 2021-11-04 17:10 | Report Abuse

does anyone know who genetec's customers are?

Posted by billybob123 > 2021-11-04 17:12 | Report Abuse

after bonus issue, genetec will shoot up more. genetec is the future. Automotive industry will fully change to electric vehicles and the supply for battery will increase. Genetec has a strong future for the next 10 years. Long term investment will be really good.

Posted by Mr.Sm Invest123 > 2021-11-04 18:53 | Report Abuse

Oct 28,2021 14:04CST
Source:SMM

From January to September of 2021, the output of silicon metal increased by 39% year-on-year, and the annual output is expected to reach a record high of 2.78 million mt.

SHANGHAI, Oct 28 (SMM) – From January to September of 2021, the output of silicon metal increased by 39% year-on-year, and the annual output is expected to reach a record high of 2.78 million mt.

The insufficient power supply will inevitably lead to a decline in the output in Q4. The impact of the dual control of energy consumption is more significant on the supply of silicon. The major silicon metal producing regions including Yunnan, Xinjiang, Sichuan will have to cut the production, where the silicon plants cannot maintain the normal production from September to November. The power shortage also restricts the production. The downstream production in the major silicon consumption areas in east and south China has been mostly resumed after the short-term production restrictions.

The silicon metal production in Yunnan and Sichuan will decline in Q4 due to the upcoming dry season. The large plants in Xinjiang will also lower the operating rates due to the power shortage and the control of energy consumption. China’s output of silicon (Si content ≤ 97%) and secondary silicon totalled 240,000 mt from January to September 2021, which will supplement the shortage in the silicon metal supply. The lower overseas prices encouraged the imports. The total silicon import volume reached 4,000 mt from January to September 2021, up 782% on the year.

The seasonal increment in the silicon metal inventory in end 2021 will be far lower than the 10-year average

The higher domestic demand and declining exports will lead to the lower port inventory of silicon metal. The increment in the silicon metal inventory is lower than the 10-year average level in 2021, and a new inventory cycle has started. The total social inventory in end-2021 is expected to stand at around 70,000 mt, down 13%.

Prices of silicone and polysilicon rise along with silicon prices

Siloxane: The strong demand has boosted the silicone prices to hit a record high, and the mainstream prices are correlated to the silicon raw raw material prices. The domestic supply continues to make up for the overseas supply gap. The DMC prices are expected to stand at 50,000-55,000 yuan/mt.

Polysilicon: The skyrocketing silicon metal prices have pushed up the polysilicon prices. However, the silicon prices may pull back due to the low downstream operating rates in November and December.

The surging silicon prices change the aluminium alloy pricing models

Secondary aluminium alloy: The power curtailment, supply shortage of aluminium scrap, high silicon prices, chip shortage for cars, and other factors affect the operating rates of secondary aluminium alloy plants.

Primary aluminium alloy: The prices of silicon, the major auxiliary material, have surged, and the primary aluminium alloy producers have suffered the losses. The aluminium alloy prices are settled based on the silicon prices.

The production and sales of automobile continue to grow. The production and sales from January to September 2021 increased by 7.5% and 8.7% respectively.

Profits of silicon metal export turn positive, the control on the foreign exchange affects the overseas quotations

The silicon metal exporter suffered significant losses from May to July, and the losses narrowed in August, then turned into profits in October.

China's silicon exports in September 2021 were 72,000 mt, up 6% month on month and 32% year on year. The exports totalled 605,000 mt from January to September, up 40% year on year.

The demand growth rate of silicon metal stand at 21% in 2021. The production of the new capacities of the silicone and polysilicon is worth attention.

There are 800,000 mt of new capacities of silicon monomer have been put into production in 2021, and the exports in 2021 are expected to be near 800,000 mt, up 29% year on year. The capacities of 140,000 mt will be put into production in Q4 2021. The total silicon material output is expected to reach 480,000 mt, up 22% on the year. The total output of cast aluminium alloy in 2021 may grow by 9% on the year. The annual growth rate of the total domestic and overseas demand of silicon metal is expected to be 21% in 2021.

Price forecast

There is basically no new capacity of silicon metal in 2021. The new capacities will be put into production intensively in the rainy season in 2022.

The new capacities of silicone monomer and polysilicon will be put into production mainly in Q4 2021- H1 2022.

The shortage of the silicon metal supply in H1 2022 will depend on the power supply in the dry season in south-west China and the downstream production capacity.

Posted by Mr.Sm Invest123 > 2021-11-04 18:54 | Report Abuse

The downstream production expands rapidly amid the stagnated low supply, and the the shortage will intensify in 2022.

The silicon metal prices will remain in an upward trend under the dual carbon policy, and the pricing logic of resource-based commodities will be changed. The silicon metal prices may rebound in November amid the shrinking supply, the recovering demand of aluminium alloy, and the overseas restocking before the Christmas holiday. However, the prices may decline in December as the silicon plants will reduce their stocks. The silicon prices will stay high until the rainy season in June 2022, and the upward trend of the prices may extend until 2023. The delayed commissioning of the silicone and polysilicon capacities, the shrinking consumption of the silicone after the pandemic, and the new capacities to be put into production may bring risks to the market.

The shortage of production capacity will suppress the silicon output, and the low grade of raw materials may drag down the output of high-grade silicon. The silicon supply is expected to remain tight in the short term. Most of the silicon metal consumption was in the silicone and polysilicon sectors, while the consumption in the aluminium alloy and export sectors declined. The tight supply has weakened the profits of the silicon metal users, and the upstream companies in the silicon industry started to profit.

wiser_dude

836 posts

Posted by wiser_dude > 2021-11-05 06:36 | Report Abuse

Before bonus mayb will be 60 -65 at least..?

Vaccineyes

786 posts

Posted by Vaccineyes > 2021-11-05 08:44 | Report Abuse

At least 70.Today will cross 50

Thks1956

430 posts

Posted by Thks1956 > 2021-11-05 09:54 | Report Abuse

Before BI will be 70 easily

Surge

377 posts

Posted by Surge > 2021-11-05 10:55 | Report Abuse

MPI may take back the throne

Thks1956

430 posts

Posted by Thks1956 > 2021-11-05 11:30 | Report Abuse

Mpi and genetec is racing, huge buy volume for MPI today, expect explosive news

ViWizard

780 posts

Posted by ViWizard > 2021-11-05 12:41 | Report Abuse

wonder stocks gogogo

Posted by ChongLeeWoon > 2021-11-05 13:10 | Report Abuse

MYthenightmare, may the divine spirit shower you with blessings and kindness for you to open your heart and eyes to see the good of this world.

Everyday comment and shout to curse and condemn, feel tired and sad for you man.

Posted by ChongLeeWoon > 2021-11-05 13:17 | Report Abuse

This calvintaneng also another dinosaur. Yes your CPO price high high, but plantations ESG score low low.

Fund managers now look at ESG as well apart from profits etc.

You think your retail group money bigger or institutions money bigger? Listen to one uncle who spend time on i3 better or follow professionals who manage billions?

Have a great day!

Yezzy99108

404 posts

Posted by Yezzy99108 > 2021-11-05 16:40 | Report Abuse

50 is the toughest resistance faced so far. price collapsing

Posted by zhendehenre > 2021-11-05 17:03 | Report Abuse

What happened?

villiian

45 posts

Posted by villiian > 2021-11-05 17:07 | Report Abuse

In a rare scene, Malaysian Pacific Industries Bhd (MPI) and Genetec Technology Bhd’s share prices both rose to RM50 for the first time on Friday (Nov 5) to help Bursa Malaysia’s Technology Index become the largest percentage gainer among the bourse gauges after the US’ technology-laden Nasdaq closed at its record high in overnight trade.

Vaccineyes

786 posts

Posted by Vaccineyes > 2021-11-05 17:29 | Report Abuse

Just some correction. Next week safely in 50+ zone

hantamking

2,509 posts

Posted by hantamking > 2021-11-05 18:04 | Report Abuse

pang72 dont lie to ur self

Thks1956

430 posts

Posted by Thks1956 > 2021-11-05 18:24 | Report Abuse

After hit 50, needs a breather. Today there are 1.5million worth of shares bought in at 49.50 no need ah pek to teach la. Next week wait to collect more money

Xcalibre

503 posts

Posted by Xcalibre > 2021-11-06 21:04 | Report Abuse

TESLA CAR BATTERY EXPLODED IN TRAFFIC


https://youtu.be/eUEZFkqo2xE

Good luck…

Vaccineyes

786 posts

Posted by Vaccineyes > 2021-11-07 14:14 | Report Abuse

Green energy the way to go. Soon Asia will follow US and Europe venture into clean energy

Maxsuper

1,421 posts

Posted by Maxsuper > 2021-11-08 09:34 | Report Abuse

.... whoever goreng this stock once they decided it's better to hv cash than the Tesla dream everything will be too late... with 12 anaks flooding the market...

Jerichomy

4,346 posts

Posted by Jerichomy > 2021-11-08 10:22 |

Post removed.Why?

stampid54

306 posts

Posted by stampid54 > 2021-11-08 10:22 | Report Abuse

It seems that now can't pushing further up ?

arif

34 posts

Posted by arif > 2021-11-08 10:23 | Report Abuse

top performance stock of the year

Posted by Benhobenhobenho > 2021-11-08 10:36 | Report Abuse

Scary!! The higher it goes, the greater the fall. Hope not this stock. Otherwise heavy losses.

Thks1956

430 posts

Posted by Thks1956 > 2021-11-08 10:59 | Report Abuse

Wake up, this is EV, not Gloves!

Posted by Benhobenhobenho > 2021-11-08 11:11 | Report Abuse

It all depends on manipulators n their timing. If they decided to push up above 50 also not a problem but what if they decided that now it's time to push down n free fall. It may go down a lot suddenly, no one knows for sure. Only they know.

Jerichomy

4,346 posts

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

Yup i agree….for sure

Lucifer999

599 posts

Posted by Lucifer999 > 2021-11-08 11:16 | Report Abuse

really hit 50 that day and now no steam ahha

amateurJR

2,366 posts

Posted by amateurJR > 2021-11-08 11:32 | Report Abuse

haha pang72 wat is ur TP for this crazy stock?

Zachzach

1,257 posts

Posted by Zachzach > 2021-11-08 11:40 | Report Abuse

No show today, come bck tomorrow..!

Lucifer999

599 posts

Posted by Lucifer999 > 2021-11-08 11:57 | Report Abuse

come back next year for better show

Thks1956

430 posts

Posted by Thks1956 > 2021-11-08 12:45 | Report Abuse

Before BI will hit 70…… look at genetec chart, every dip prepares for higher price. Don’t be fooled by sour grapes comments

Jerichomy

4,346 posts

Posted by Jerichomy > 2021-11-08 14:40 |

Post removed.Why?

Jerichomy

4,346 posts

Posted by Jerichomy > 2021-11-08 14:40 | Report Abuse

Remember the above guys

Jerichomy

4,346 posts

Posted by Jerichomy > 2021-11-08 14:57 |

Post removed.Why?

Jerichomy

4,346 posts

Posted by Jerichomy > 2021-11-08 14:58 | Report Abuse

The more ppl say it will be Not like gloves, the more likely

Jerichomy

4,346 posts

Posted by Jerichomy > 2021-11-08 15:02 |

Post removed.Why?

Jerichomy

4,346 posts

Posted by Jerichomy > 2021-11-08 15:08 |

Post removed.Why?

Selina888

306 posts

Posted by Selina888 > 2021-11-08 15:13 | Report Abuse

I read an interesting and funny joke about buying and catching monkeys recently. I will not get into the details but it shows human weakness and greed. Take care.

Jerichomy

4,346 posts

Posted by Jerichomy > 2021-11-08 15:16 |

Post removed.Why?

Posted by Benhobenhobenho > 2021-11-08 15:45 | Report Abuse

Wow!! Just 1 lot of genetec cost rm 47k + the price of a myvi car n still get back some change

Thks1956

430 posts

Posted by Thks1956 > 2021-11-08 16:28 | Report Abuse

Dumbo, IB no need make comments in I3… so amateur, finish your studies first Jeri—whatever

Vaccineyes

786 posts

Posted by Vaccineyes > 2021-11-08 16:35 | Report Abuse

No worries, 50 coming, 70 next. I got no regret buying at a high price. Genetec the king will rise soon.

Vaccineyes

786 posts

Posted by Vaccineyes > 2021-11-08 16:36 | Report Abuse

After BI, high chance the share will rise again as EV aka clean green energy is the way to go to counter climate change

Jerichomy

4,346 posts

Posted by Jerichomy > 2021-11-08 17:12 |

Post removed.Why?

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