Spectre, if you follow recent posting ppl talk about their contract on hand is running low as they have not been impressive with winning contracts so maybe now possible slow down.
based on CURRENT position, Genetec at 22.5 cents (PER just around 7) it is really undervalued from its rolling 4 quarters EPS. 4 working days if managed properly by efficient operation and management is better than chasing after other loss making ACE counters
skyz, how much contract on hand do you know they have now? If their next QR in loss making due to low visibility, then even with PE10x it will be below 0.20.
Guys, typical automation business need more than a quarter to deliver a project. If they are working four days week, means not much delivery next few quarters and revenue capture in the coming quarters will be low low low. Even they receive new orders now, it cant be delivered in next quarter. Need to study business nature well to do good prediction
scott. You sound like you are from the tech industry guy. Know their business. Next time can see more of your posting. Cautious is good.I sold at 0.23 and no regret. Take the profit and wait for the next quarterly result.
Ding dong, sure. Project base companies are not like normal manufacturing. Need to check on their backlog and timing of billing beside current billing. Using formula to calculate fair price doesn't work.
Scott, I will see if you are right or wrong come next QR in Feb.3 months away to prove you right or wrong. If you are correct base on your expertise, I will follow your posting like a god.
There has been heavy speculation on penny stocks over the last few days. What goes up may eventually collapse by next week. Next week school holidays so market will slow.
@spectre, but u mentioned "better look at Instaco" than Genetec. Well, its your opinion if you rather go after loss making companies with high volume from stock operators. everybody is entitled to theirs. but for me I would rather park in a counter with stable earning records.
Spectre, seriously that's what I've been picking up of late. You can park at below to buy when it drop back. This operator has the habit to move it up and sell and buy it low to play play irregardless of how the results perform,
Sell now or never going to 0.10 soon ......next quarter not going to report good result as USD may going to test rm4.5-4.8!!!!! Run run......forest runñnnnnnm
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....
Spectre
78 posts
Posted by Spectre > 2015-11-20 09:48 | Report Abuse
I saw some posting since last week you guys mentioned they are working 4 days and short of business so how to hit 0.30?????