GENETEC TECHNOLOGY BERHAD

KLSE (MYR): GENETEC (0104)

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Last Price

0.85

Today's Change

-0.145 (14.57%)

Day's Change

0.845 - 1.01

Trading Volume

44,521,900


16 people like this.

12,092 comment(s). Last comment by mf 16 hours ago

noobnnew

973 posts

Posted by noobnnew > 2016-02-24 17:41 | Report Abuse

A closer look on the Cash Flow statement actually show that the company had repay a lot of debt which will is the silver lining. Will keep for another quarter as the 9 quarter cumulative still looking good.

GODinvest

377 posts

Posted by GODinvest > 2016-02-24 17:50 | Report Abuse

hoseh tomorrow ,buy more people died

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2016-02-24 17:56 | Report Abuse

Laosai stock, pui!

ljmeng

830 posts

Posted by ljmeng > 2016-02-24 17:56 | Report Abuse

cham....tomorrow sure holand!

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2016-02-24 18:01 | Report Abuse

Better q now selling this laosai stock

Jim Tan

255 posts

Posted by Jim Tan > 2016-02-24 18:22 | Report Abuse

Tonight cannot sleep well... brought at high and result is so bad =(

Posted by shareinvestment7 > 2016-02-24 18:25 | Report Abuse

Bad QR. Genetec is one of the company that gave me pocket money 2 months ago. I have sold all Genetec 2 months ago because there was a rumour mentioned that they work 4 days / week and proposed the company has no business. Today sounds like the rumour is true. Anyway hope the company can do better in next QR. I prefer to stay sideline for this counter.

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2016-02-24 18:34 | Report Abuse

Blood everywhere

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2016-02-24 18:39 | Report Abuse

For the current quarter ended 31 December 2015, the Group recorded revenue of RM19.8 million, a decrease of 49.6% over the corresponding quarter ended 31 December 2014 of RM39.3 million. As for the financial period to date, the Group’s revenue has increased by RM15.0 million (15.4%) as compared to the preceding year corresponding period.
For the current quarter ended 31 December 2015, the Group recorded a loss before taxation of RM1.3 million as compared to profit before taxation of RM1.7 million in the preceding year corresponding period. This was mainly caused by the lower sales volume achieved. As for the nine months period, the Group registered profit before taxation of RM8.4 million as compared to RM3.0 million in the preceding year corresponding period. The increased in profit before taxation was mainly attributable to higher sales volume achieved and recognition of foreign exchange gain.

lux88

148 posts

Posted by lux88 > 2016-02-24 18:47 | Report Abuse

Relax all, just enjoy the show.
Need see on annual performance, not just see 1 quarter performance.

Alex Chan

3,915 posts

Posted by Alex Chan > 2016-02-24 19:19 | Report Abuse

OTB with his so called research team gave you such a lemon!LOL

saydon

215 posts

Posted by saydon > 2016-02-24 19:29 | Report Abuse

He will conveniently drop it from his list. Pity his subscriber.

theJedi

65 posts

Posted by theJedi > 2016-02-24 19:45 | Report Abuse

I think OTB had dropped Genetec from his buy list since January

traderman

7,854 posts

Posted by traderman > 2016-02-24 19:46 | Report Abuse

result is nice. will goreng to 40 cent

CUTLOST

5,178 posts

Posted by CUTLOST > 2016-02-24 19:46 | Report Abuse

Qtr very dissappointed..all the best Guys

bracoli

2,579 posts

Posted by bracoli > 2016-02-24 20:54 | Report Abuse

Rsults sucks big time.. All kena conned by otb lor

spaghetti

611 posts

Posted by spaghetti > 2016-02-24 20:54 | Report Abuse

Next Q become worst, At least loss 10 million .Run for your life.

lian998

464 posts

Posted by lian998 > 2016-02-24 21:20 | Report Abuse

帕瓦罗蒂今夜无人入睡 ....... 唉

oregami

1,999 posts

Posted by oregami > 2016-02-24 21:20 | Report Abuse

O lan..... Luckily cut loss. Never b too confident in stock market.

oregami

1,999 posts

Posted by oregami > 2016-02-24 21:22 | Report Abuse

Especially these turnaround stories. Turnaround not sustainable becomes overturned.

bracoli

2,579 posts

Posted by bracoli > 2016-02-24 21:26 | Report Abuse

Hehe oregami i like ur statement

kensen

396 posts

Posted by kensen > 2016-02-24 21:26 | Report Abuse

Revenue half of last quarter and year on year. And losses. Tomorrow down to 15 cents

murali

5,723 posts

Posted by murali > 2016-02-24 21:28 | Report Abuse

Some of otb's buy calls fail to look into sustainability of the co profit...such as Tas,opensys,genetec etc..

john95

130 posts

Posted by john95 > 2016-02-24 21:51 | Report Abuse

No scare,the tp also 0.45!

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2016-02-24 21:56 | Report Abuse

Annual eps still good...

john95

130 posts

Posted by john95 > 2016-02-24 22:24 | Report Abuse

Ya

John

30 posts

Posted by John > 2016-02-24 22:32 | Report Abuse

hey,q3 out alrdy ,lose 230%
still hold?

wng33

12 posts

Posted by wng33 > 2016-02-24 22:34 | Report Abuse

Quite a lot of debt reduced. Meanwhile cash reduced is lesser than the debt reduced.

tiobl66

3 posts

Posted by tiobl66 > 2016-02-24 22:38 | Report Abuse

means can hold? john95...

crystal168

1,663 posts

Posted by crystal168 > 2016-02-24 22:39 | Report Abuse

Hold? you see tomorrow...

crystal168

1,663 posts

Posted by crystal168 > 2016-02-24 22:40 | Report Abuse

Hello Murali, nice to meet you here. Whats up?

crystal168

1,663 posts

Posted by crystal168 > 2016-02-24 22:43 | Report Abuse

Thanks to speghetti who triggered the QR in advance.

crystal168

1,663 posts

Posted by crystal168 > 2016-02-24 22:50 | Report Abuse

eerrrmmm ....

"murali >>> Some of otb's buy calls fail to look into sustainability of the co profit...such as Tas,opensys,genetec etc..
24/02/2016 21:28"

GODinvest

377 posts

Posted by GODinvest > 2016-02-24 23:28 | Report Abuse

Still dreaming

hoheho

57 posts

Posted by hoheho > 2016-02-24 23:33 | Report Abuse

holland stock

Posted by shareinvestment7 > 2016-02-24 23:38 | Report Abuse

still got ppl want to hold this stock?? Good luck to them anyway!! By the way, just want to remind that there is a couple of good stocks out there.

mr00183

139 posts

Posted by mr00183 > 2016-02-24 23:43 | Report Abuse

Bro government tax reinvestment allowance policy in budget 2016 will drive this counter high

Jason520

55 posts

Posted by Jason520 > 2016-02-25 00:17 | Report Abuse

One Q making loss. yoy still better than last year.

As for the nine months period, the Group registered profit before taxation of RM8.4 million as
compared to RM3.0 million in the preceding year corresponding period. The increased in
profit before taxation was mainly attributable to higher sales volume achieved and recognition
of foreign exchange gain.

Superb99

6,599 posts

Posted by Superb99 > 2016-02-25 08:40 | Report Abuse

wtf...I thought this is an export oriented counter, how come loss so much? better avoid penny stocks.

leon312214

188 posts

Posted by leon312214 > 2016-02-25 08:41 | Report Abuse

but if see from the cash flow there, debt is paid alot

Superb99

6,599 posts

Posted by Superb99 > 2016-02-25 08:58 | Report Abuse

ya, terrible, the revenue actually dropped a lot...loss a lot in this counter....sigh...

mr00183

139 posts

Posted by mr00183 > 2016-02-25 08:59 | Report Abuse

As soon as you guys sell, someone will buy. Remember the golden rule, yoy profit must be higher. One lousy qr doesnt mean total loss. Look annually

Tom

2,984 posts

Posted by Tom > 2016-02-25 09:04 | Report Abuse

xD

skyz

1,650 posts

Posted by skyz > 2016-02-25 09:04 | Report Abuse

so spaghetti was correct after all. lol

镠公公

648 posts

Posted by 镠公公 > 2016-02-25 09:06 | Report Abuse

Big announcement soon! Tp 5c within 1 week......wakakakaka

Superb99

6,599 posts

Posted by Superb99 > 2016-02-25 09:08 | Report Abuse

it seems like there is support at 0.17, wait and see, bleeding

Posted by Lukesharewalker > 2016-02-25 09:10 | Report Abuse

So many 1 hit wonders ...including gurus

lux88

148 posts

Posted by lux88 > 2016-02-25 09:10 | Report Abuse

Director buying at 0.17?
Strong support.

Posted by Lamborghini > 2016-02-25 09:11 | Report Abuse

Cb.... cut loss ady, this time very pain!

Posted by Lukesharewalker > 2016-02-25 09:12 | Report Abuse

Oversold levels

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