With the newly secured order of RM26.1 Million (http://www.bursamalaysia.com/market/listed-companies/company-announcements/4887505), GENETEC's Q2 EPS should certainly be greater than it Q1 EPS of 1.28 cents. Thus its estimated whole year EPS should be greater than 4 X 1.28 = 5.12 cents. Using PE of 10 its conservative FV is 51.2 cents. So for longer term holders, if you collect them at 0.185 now it can potentially give you a return of 200 %.
Difficult for me to trust genetec, last time they announced contract wins, share price went up to 24-26 sen, then suddenly all directors dumped their shares....
hahaha yes...only you know why I don't like this counter....that is the real reason! All depends on publicity...then when newbies buy in...directors will sell to you...happen many2 times.
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....
jl88
1,446 posts
Posted by jl88 > 2015-09-25 10:49 | Report Abuse
no volume..