GENETEC Fully charged - Malaysia Tech’s purest EV proxy
A rare EV proxy within Malaysia Tech Links to North American EV maker (Customer T), with potential orders of RM7.5bn Order book can potentially surge up to 7x over next nine months
if you draw a line.. u know genetec is at the max of the trend.. its going down. unless super big news.. big profit.. US revive.. then can breakthrough. if not... this is going to red soon.
I would like to share a few wisdom word from successful investor that benefit me a lot with i3investors.
"The stock market is filled with individuals who know the price of everything, but the value of nothing." — Phillip Fisher
"Know what you own, and know why you own it." — Peter Lynch
“Behind every stock is a company. Find out what it’s doing.” — Peter Lynch
“All you need for a lifetime of successful investing is a few big winners, and the pluses from those will overwhelm the minuses from the stocks that don’t work out.” — Peter Lynch
“ It’s simply to say that managers and investors alike must understand that accounting numbers are the beginning, not the end, of business valuation. ” - Warren Buffett
“ I am a better investor because I am a businessman, and a better businessman because I am an investor. ” - Warren Buffett
I am sharing my research & study. Anything not right?
Please visit my humble blog to read more on EV & ES industry. I am looking forward for knowledgeable & insightful comment regards to the industry or our company development. https://klse1.i3investor.com/blogs/genetec_rm400/blidx.jsp
I am looking forward for GENETEC to contribute on ES in near future.
Attached is the information I extract from CLSA initiation report
Energy storage is the next horizon
For the same customer(Customer T?), the group has also been engaged for its energy storage business. Details are still scarce at the moment and management said it will share more about it at a future date. The North American EV maker has a large-scale energy storage solution that helps stabilise grids and prevent power outages, eliminating the need for gas peaker plants. Each unit can store >3MWh of energy, which is equivalent to powering an average of 3.6k homes for one hour.
Grand View Research estimates that the grid-scale battery-storage market size is US$3.1bn in 2020. Grand View expects it to grow at a Cagr of 24% from 2020 to 2027 to US$15bn. It expects demand to be driven by the need to integrate energy produced from renewable sources such as solar and wind power with the aim of improving the stability, reliability and resiliency of the grid. This is also owed to a rapidly decreasing cost for lithium ion batteries (84% of market in 2019), which provide improved efficiency, energy density and a deep discharge cycle.
In long term, most of civilization's energy is going to come from solar, and then you need to store it with battery because obviously the sun only shines during the day, and sometimes it is very cloudy. So you need solar batteries. That will be the main long-term way that civilization is powered.
We need battery to store the energy. This is the reason why we need to transform and have a better battery.
Someone's sitting in the shade today because someone planted a tree a long time ago. we need to invest and fix the issue but not leave it to our kids.
uncle just started to promote, means his ave cost is around current price.
Genetec good meh? What is the competitive advantage does it has? I thought it is a low tech metal stamp company that can be easily replaced by its clients?
Genetec good meh? What is the competitive advantage does it has? I thought it is a low tech metal stamp company that can be easily replaced by its clients? 15/04/2022 9:51 AM ------ @ValueInvestor888
You need to find out why Customer T pick GENETEC to its supply chain. As far as I know, many company would like to be part of it. You can talk to industry players to perform the Due D & fact finding.
Please visit my humble blog to read more on EV & ES industry. I am looking forward for knowledgeable & insightful comment regards to the industry or our company development. https://klse1.i3investor.com/blogs/genetec_rm400/blidx.jsp
I was going to buy earlier but then after I notice KYY is promoting, I pull my hand brake and think trice. Also heard another sifu also promote to his subscribers, I got more worried. Hahaha I guess I have to do more homework. It could be super good and super bad !
stockwin I was going to buy earlier but then after I notice KYY is promoting, I pull my hand brake and think trice. Also heard another sifu also promote to his subscribers, I got more worried. Hahaha I guess I have to do more homework. It could be super good and super bad ! 15/04/2022 11:31 AM
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@stockwin
Please visit my humble blog to read more on EV & ES industry. I am looking forward for knowledgeable & insightful comment regards to the industry or our company development. https://klse1.i3investor.com/blogs/genetec_rm400/blidx.jsp
According to CGS-CIMB, which attended the group’s briefing, management said the group had secured some RM60mil worth of new orders and this had lifted its order book to RM198mil.
Of this amount, some RM50mil are related to the EV, energy storage and e-mobility segments, and the balance are attributed to the hard-disk-drive segment.
Mr Eric, I assume you are not making a joke. I have no comment how you interpret the CGS-CIMB statement as "Contract from EV only 50M". May I suggest you can clarify it with CGS-CIMB's Shanaz.
If Kacang putih player can be part of Customer T supply chain, Elon might need to restructure his procurement team. If and only if you are not joking and trying to be sarcastic
I hope my fellow shareholders not buying in our company by using 35.83cent as EPS. If anyone make this mistake, they can be informed and take this chance to sell down their stake.
Shareholders need to understand the company fundamental and its prospect to make an intelligent & informed decision.
I also need to confess - I may able to collect more if anyone decide to sell down the price to certain extends that provide a safe entry.
I hope my fellow shareholders not buying in our company by using 35.83cent as EPS. If anyone make this mistake, they can be informed and take this chance to sell down their stake.
Shareholders need to understand the company fundamental and its prospect to make an intelligent & informed decision.
A great business at a fair price is superior to a fair business at a great price.
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....
nicholas99
9,820 posts
Posted by nicholas99 > 2022-04-12 10:58 | Report Abuse
interest hike is coming and oil sanction and wheat sanction will bite.. march cpi data is coming.