if follow Nov 14 downtrend, then genetec is totally senseless stock with quarter profit double and recent order worth 41 million, i still not give up, because fibonacci retracement indicate 61.8% support at 0.190, right now price above 0.200, still got slightly hope... :-D
Today, Directors disposed, contra player who bought last Friday (big volume) disposed and panic investor also disposed their shares. Comes 2morow onwards it will be lesser and by looking at the last minute support I think price will be upwards - my 2 sen. Hope I'm right coz trying to be +ve if not ini mlm susah tidur thinking of worst loss ever. Hahahaha.
I already disposed la.. cannot tahan director take money and disposed more of his share.. making the price go down more.. this is a good counter indeed.. got 41mil order book.. but i simply cannot wait..
Some findings to share after browsed thru Genetec announcement in Bursa, in 2014, Genetec secured total $162m order (Feb - 33.5m, May - 28m, Sep - 41m, Nov 3 - 32m, Nov 25 - 27.7), but year to date (up to Q3 the recent quarter reports), the total revenue they captured is only 96m, there are still 66m gaps which I believe majority will be captured in Q4 the coming quarter, if you look at their revenue for the past few quarter is about 20-30m per quarter, I believe the Q4 revenue will be easily 50-60m which is double of the average, just my estimation, correct me if I am wrong.
at PE12 now, business growing, capability of secure new orders also improvement, I really think this few days is just normal correction, Genetec should be at 0.32 (PE20) which is inline with the others peers in this industry.
I disposed cut loss.. i have my reason mainly personal.. not bcoz of this counter.. my advise to u,hold it.. it will go up.. timeframe 2weeks at minimum to get ur TP.. this counter gud for investor.. for contra player not so much,must ask sharks to pump it then it will be interesting..
For contra i suggest etitech.. u pump and dump quickly once u get profit.. by hourly chart got dragonfly doji and high volume.. plus wintoni cannot be played anymore.. sure shark looking for counter cheap2.. etitech also got announcemnt for profit and yesterday.. sure today fly like wintoni.. my 2cent jela.. based on my newbie observation.. ;)
From 0.2 to 0.22 within 30 mins. It need some time to rest before go higher. Today is very different to yesterday. If today chiong, at least can go 0.23
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....
saifol
482 posts
Posted by saifol > 2015-03-17 16:57 | Report Abuse
another 1 week to wait...pffttt