GENETEC TECHNOLOGY BERHAD

KLSE (MYR): GENETEC (0104)

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Last Price

0.83

Today's Change

-0.02 (2.35%)

Day's Change

0.82 - 0.875

Trading Volume

19,893,400


16 people like this.

12,099 comment(s). Last comment by Volz4321 29 minutes ago

Atuk K

334 posts

Posted by Atuk K > 2015-03-20 16:10 | Report Abuse

Iboonk...... sure or not?????

hj123

84 posts

Posted by hj123 > 2015-03-20 16:12 | Report Abuse

Tyler Tan, you bought at .240 ?

Posted by buffetonwar > 2015-03-20 16:12 | Report Abuse

Genetec's time to fly is long overdue...come on superman!

Posted by warren_buffett > 2015-03-20 16:15 | Report Abuse

this week = game over. next week = restart game. directors play the game. we just a small character in the game. when game is over u know what happen to the character.

TylerTan

439 posts

Posted by TylerTan > 2015-03-20 16:15 | Report Abuse

@hj123 yes. i cut loss already at 0.195 .. ouch but... what to do. luckily im covered by my profit at wintoni previously

RAYdiant

600 posts

Posted by RAYdiant > 2015-03-20 16:16 | Report Abuse

agree.. sometimes its about timing.. no one knows.. last time i bought 0.185 & 0.195 & sold off at 0.250 & 0.255..
other times, i bought at 0.215 but sold at 0.20 to cut loss... you win some, you lose some, but in the end most important you must ensure you still win.. protect your capital..
otherwise its not advisable for people to trade in penny stocks that have high gains but also some high risk involved..
some people cannot accept the fact and thought they must win everytime.. when they lose, its like the end of the world..

What for all the sleepless nights & worries?
might as well better invest in Fixed Deposit that gives you 3.7% to 4.55% or invest in BONDS, REITS or steady bluechips..

astalavista

2,278 posts

Posted by astalavista > 2015-03-20 16:16 | Report Abuse

This superman needs raydiant's worda of wisdom lah

Posted by Jason Choong > 2015-03-20 16:44 | Report Abuse

where's the show?

Posted by buffetonwar > 2015-03-20 16:46 | Report Abuse

no show today :(

Posted by buffetonwar > 2015-03-20 16:56 | Report Abuse

.195 ....sigh

Posted by warren_buffett > 2015-03-20 17:09 | Report Abuse

game over oredi maaaa. move to next potential counter.

win_win

85 posts

Posted by win_win > 2015-03-20 17:24 | Report Abuse

warren_beffett what is your suggestion on potential counter?

Atuk K

334 posts

Posted by Atuk K > 2015-03-20 17:39 | Report Abuse

Iboonk, today no show..... any change of game plan?

RAYdiant

600 posts

Posted by RAYdiant > 2015-03-20 17:52 | Report Abuse

@astalavista, just my 2 cents sharing..

Have a great weekend to all fellow traders! Hopefully we all will have a great opening on Monday!
Cheers!

Posted by Jason Choong > 2015-03-20 17:56 | Report Abuse

to MR Chin Kem Weng, FK U for disposing!!!!!

HuatRex

2,617 posts

Posted by HuatRex > 2015-03-20 18:13 | Report Abuse

I also duno wat to do dy... hold till qr maybe?

Posted by buffetonwar > 2015-03-20 18:45 | Report Abuse

stupid directors keep disposing...like no confidence with own company shares

HuatRex

2,617 posts

Posted by HuatRex > 2015-03-20 18:51 | Report Abuse

Wat to do now? Atuk any idea?

Posted by Hussainy Yusree > 2015-03-20 19:22 | Report Abuse

can go 0.22 in monday..based on TA and the current project timeline

Posted by Nazrin Shah > 2015-03-20 20:06 | Report Abuse

TA said go down more.. but surely after gst this counter can naik punya.. just stupid ditector kept taking profit before do work.. 0.195 is a good to buy.. monday naik 0.200 can sell already.. invest capital 50k

Posted by Nazrin Shah > 2015-03-20 20:06 | Report Abuse

Can get 1.2k at that time.. ok maa shopping2..

HuatRex

2,617 posts

Posted by HuatRex > 2015-03-20 20:15 | Report Abuse

U cut loss?

Atuk K

334 posts

Posted by Atuk K > 2015-03-20 20:38 | Report Abuse

Huatrex, nextweek if still no sign of upwards movement, gradually I'll dispose all my shares. But if what being mentioned by Iboonk is true than I'll play along until can recover back my losses. Pray hard bro.

HuatRex

2,617 posts

Posted by HuatRex > 2015-03-20 20:41 | Report Abuse

Atuk, but how to know he is telling the right thing? I cant cut loss at current price, loss a lot.

Posted by Jason Choong > 2015-03-20 20:55 | Report Abuse

huatrex, whats your cost? mine's 0.239, damn high my cost, bought a lot also

Atuk K

334 posts

Posted by Atuk K > 2015-03-20 20:56 | Report Abuse

When I was in priva, most of the time he is right but today don't know why no show. I'm still waiting for him. By the way what is your average price. Mine I manage to average down from 0.236 to 0.208. But yesterday already cut loss more than 6k.

Posted by Jason Choong > 2015-03-20 21:00 | Report Abuse

still waiting to buy more at 0.19 to average down my bloody high cost!!!!

HuatRex

2,617 posts

Posted by HuatRex > 2015-03-20 21:06 | Report Abuse

Jason, mine is 0.235. Good stock but hv to cut loss? Or shall wait summore since someone is collecting?

HuatRex

2,617 posts

Posted by HuatRex > 2015-03-20 21:09 | Report Abuse

Atuk, my cost is at 0.235. I wanted to buy some at 0.19 ytd but worried it will go down sommore. I got stuck in eti also.

Atuk K

334 posts

Posted by Atuk K > 2015-03-20 21:11 | Report Abuse

Huatrex, if u still want to keep try to average down yr price. If not its a long way to go to reach 0.235.

TylerTan

439 posts

Posted by TylerTan > 2015-03-20 21:12 | Report Abuse

@HuatRex cut loss if u wanna plan to try on other stocks. i cut loss mine at 0.195 from 0.239.

HuatRex

2,617 posts

Posted by HuatRex > 2015-03-20 21:14 | Report Abuse

Atuk, ya agree with u. 0.195 is support now. Wat do u think abt eti?

HuatRex

2,617 posts

Posted by HuatRex > 2015-03-20 21:20 | Report Abuse

@Tyler, i hv no other stock to buy at the moment? Do u hv any to recommend? I am stuck at eti and genetec, feel hopeless.

Atuk K

334 posts

Posted by Atuk K > 2015-03-20 21:29 | Report Abuse

I don't have eti, only hold frontkn for sometimes now. It is for medium/long term investment.

HuatRex

2,617 posts

Posted by HuatRex > 2015-03-20 21:33 | Report Abuse

Atuk, let's pray hard for a good march ahead. God bless us. Hero fast save us. We juz need few cents up.

Atuk K

334 posts

Posted by Atuk K > 2015-03-20 21:51 | Report Abuse

Huatrex, see u nextweek. Have a nice weekend with yr family.

HuatRex

2,617 posts

Posted by HuatRex > 2015-03-20 22:53 | Report Abuse

Atuk, same to u. See you next monday.

ItikMuda33

171 posts

Posted by ItikMuda33 > 2015-03-21 11:14 | Report Abuse

Atuk, HuatRex bro. Any chance as i heard from my friend it is downtrend now.

HuatRex

2,617 posts

Posted by HuatRex > 2015-03-21 14:17 | Report Abuse

@itikmuda, the stock is good but director keep disposing his shares. Trade on ur risk.

Posted by wideangle > 2015-03-21 17:01 | Report Abuse

It's too early to judge this shares to be on downtrend. Consolidation is a better word. After the strong surge in volume and price a week ago, it's only logical for a stock to take a breather. A bull can't be charging all the time, right? It needs rest to get ready for another charge which would usually be much fiercer than the first round. A stock can't be considered as lousy simply because you can't make money within contra period. So many a times, the shares rebound soon after contra period. Therefore, it has nothing to do with luck. Like most of the small-cap stocks which are actively traded now, there's bound to be an "invisible" hand behind its shares movement. When the price is in the red or the technicals look ugly, this "invisible" hand could be collecting. As for owner selling, it happens in other counters too, especially after a sharp price rise. The owner will also be careful of not selling too much in case an outside party is eyeing on its company. Fundamentally, Genetech has done much better than a lot of other small-cap companies. Its revenue has been consistently above RM100 mil for the past 4 years. It made profit in 3 of the past 4 years. The loss in 2013 was due to the one-time charge from closing down their US operations. Net asset per share at 16 sen with estimeated PE of 20 for financial year 2015. As with any investment, there's always risk. Do your research and feel comfortable first before committing.

Posted by Nazrin Shah > 2015-03-22 13:31 | Report Abuse

Tell that to the one who bought at 0.23 - 0.235 .. the price can go up further if it wasnt for director keep disposing his shares at 14th and 19th..

HuatRex

2,617 posts

Posted by HuatRex > 2015-03-22 16:26 | Report Abuse

Dun worry, next week will brk 0.3

avenger88

522 posts

Posted by avenger88 > 2015-03-22 20:45 | Report Abuse

y huatrex so confident

Posted by Nazrin Shah > 2015-03-22 22:57 | Report Abuse

i think tomorrow price will go up from support line 0.19 to 0.210 at least.. at best 0.215..

hj123

84 posts

Posted by hj123 > 2015-03-23 10:07 | Report Abuse

0.200 :D

Monde

1,105 posts

Posted by Monde > 2015-03-23 10:28 | Report Abuse

later will close low? like always... Hopefully not this time...

Edmund

553 posts

Posted by Edmund > 2015-03-23 10:29 | Report Abuse

0.2 all clear now..^O^

Edmund

553 posts

Posted by Edmund > 2015-03-23 10:30 | Report Abuse

shark start goreng back Priva..hope they will goreng back Genetec too!

Edmund

553 posts

Posted by Edmund > 2015-03-23 10:31 | Report Abuse

Yes!0.205 also clear now!!^O^

hj123

84 posts

Posted by hj123 > 2015-03-23 10:39 | Report Abuse

possible to go back 0.260 ?

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