Haha..anyone miss me? @T800, all my $ was already invest on planed portfolio. So, I Don't have extra for Barakah even it drop below 0.035. yesterday whole day missing due to hsi was in super roller coaster mode, no time to log in this acc...
And, mana @zulmuiz, Tak ada joke Hari ini?
Mana wa punya kawan @Daswack, dah cut lost?
Mana itu 傻逼 chun who have too much money to lost in klse
aiyoyoyo need to use benchmark to determine direction of this counter.......benchmark sumatec and perisai maybe laaa...for the time being, try play2 laa with your risk style....
I like this type of stock, not the very volatile type like this 2 days there is a counter from 0.61-0.85. Don't know who is going to be trapped next few days. The Factory is in Penang near my House,not a large one.
@ wendyyuong, yes, I didn't want to name and post negative comments, The factory compared to others here like Intel,HP,B braun,Agilient,minicircuit,etc is only a small one. The directors are not so stupid to priced the IPO at so cheap 0.61, where else the punters can priced it more.
Of course you can't compare with those multi national. This is a local startup which has been profitable over the last 5 years. It's a sunrise business following Industry 4.0. What attracts me is the automation. Another thing is the company revenue is derived from USD which is a good hedges against weak RM.
It will perform better with 5G coming soon. There's an article by one of the former who sum in all nicely. Check it out..
Of course it's definitely not everyone cup of tea. In my case, I have been looking for value buying in technology companies after MYEG success stories. So now I have found 2 newer companies.
My MYEG seems to be too lonely in her nice big Bungalow. She needs a play mate. Now I found 2 for her.. :)
Summing up, as for me it's an opportunity to be part of their future success story. I realised about the opportunity on the IPO day. Managed to secure in after queuing at 20% above IPO price as the earlier queue failed to achieve the desirable results..
I think this company can go higher next week.. Many have decided to lock in their profits at 37% IPO price..
This is not a buy call. Only invest if you believe in the company.. Just like what we believe here with Barakah..
You remind me of the great Carpenter song.. "We only just begun"
I just don't want to miss this train...
I believe this Penang based tech companies will not settle with PE less than 15 ie Penta Inari Vitrox Elsoft Mi etc...
Greatec is just a beginning.. She's only just begun...
With annualised EPS of 10 cents its forward PE only stood at 8.4 times now. Hence why I decided to embark on this exciting journey..
Good thing is: 1. PE 9.73 still below PE10 2. Revenue is growing past 4 year. 3. Director fees around 3% 4. They are in the sunrise industry. 5. Business having 89.99% is export. The strong USD will benefit the company.
Competitive strengths. GREATEC’s competitive strengths include: i) track record of 21 years in industrial automation, ii) provision of customised solutions in automated equipment, iii) capabilities to market its products and services directly to key players in respective sectors, and iv) compliance with ISO management systems.
Catalysts. Key re-rating factors may include: i) incentivised deployment of solar module, ii) increasing demand for electric vehicles, iii) introduction of fifth generation (5G) of mobile internet connectivity, iv) trending connectivity of smart devices in the home, v) advancement of wearables, and vi) adoption of fourth industrial revolution (Industry 4.0).
I think I stop. Join us in the forum next door. She's really Hot!
For your information Barakah is Arabic means Blessing. The Hebrew verb barak means to kneel as seen in Genesis 24:11. However, when written in the piel form it means to show respect (usually translated as bless) as seen in Genesis 12:2. A related Hebrew word is berakhah meaning a gift or present. From this we can see the concrete meaning behind the piel form of the verb barak. It is to bring a gift to another while kneeling out of respect. The extended meaning of this word is to do or give something of value to another. Hence Barakah is actually a blessing to all of us who managed to get into this train.
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....
InvestsucessTrader
4,761 posts
Posted by InvestsucessTrader > 2019-06-13 22:08 | Report Abuse
bullish,