Who knows, it could also be the opposite. When qr comes out, those sharks might be selling on news. Its price movement opposes NASDAQ’s losing streak. Something is obviously brewing here.
I think there were a lotta bets taking place due to Thursday and Friday’s news about Elon’s Starlink venture into our country and that our PM have invited Tesla to invest in Malaysia. Genetec’s fundamentals are not great based on my checks. There is still no official announcement that Tesla is Genetec’s supplier. I personally doubt it. But there you go regarding the stock market…..
anthonytkh. Maybe la but Elon & Jokowi picture viral now in social media give the impression Indonesia got Tesla and maybe this is the area where genetec can come and expansion to Indonesia as Genetec can supply EV batteries component Tesla need with more cheap in price and cost optimization due to friendly trade and tariff between Asian Country.
The Minister told TV3 in an interview that Space X is looking at expanding its supply chain among local companies. He said with the investments, they would need the support of a wider supply chain and this would benefit Malaysian companies to get involved in space technology in the near future.
Azmin also said Starlink’s ethos of “Connecting the Unconnected” is aligned to Malaysia’s aspiration towards narrowing the digital divide and ensuring every individual participates and reaps the benefits of the digital economy. He added that Starlink’s satellite solution provides great potential for Malaysians, elevating access to education, providing more internet-related job opportunities, rapid sharing of information, and more.
" According to the Cobalt Market Report 2021, cobalt demand rose by 32 kt in 2021 alone compared to 51 kt in the 5 years from 2015-20, adding that growth was led by lithium-ion battery applications, accounting for 63% of annual demand and 85% of y/y growth.
Importantly, for the very first time in 2021, cobalt demand from electric vehicles (EVs) overtook other battery applications to become the largest end use sector at 34% of demand, totalling 59 kt. This was supported by EV sales doubling over 2020 levels. "
As investors, we are never afraid like you. If you're a swing trader, you don't have to invite people to be as coward as you. There Are so many counters for you to trade. That's why I call you ugly..
phoenixqueen, i invested in genetec from the price rm6, till rm50 and bonus.. therefore, im still holding as i believe Genetec is for long term investors.. but coward, and as a person that spread the negativity like you, better you concentrate other counters, we dont need negative person like u ok... hahahah so embarrassing ugly lady
Any company that is involved in the business of assembling (NOT manufacturing) EV battery components has a decent, if competitive, future
If there are still some investor here that thinks Genetec (2 smallish factories in Malaysia, not very healthy financially except for its founder that supports it) is a battery supplier for Tesla, please know that Tesla is currently happy enough with PANAMY’s battery supply for their giga factories. It may change….. Elon is forever working….
sweetkeledek, its very clear that its a scam serba dinamik-style. just a matter of time before those investors who blindly believe the company get burned. fund raising very soon.
2022 Q1 receive 130m NEW ORDER. Mainly came from Customer T & Customer Z GENETEC is working with Customer T on Gen 2 battery line. More order to come in on next few months. GENETEC receive order from Customer T's MEGA PACK project. More order on next calendar year. Customer Z receive regenerative braking line confirmation from end Customer. Est. 100m - 200m recurring order every year. Customer Z place more order on ECU line.
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....
software guy
453 posts
Posted by software guy > 2022-05-20 10:40 | Report Abuse
i thought Pang72 will come here screaming tech tech tech....