Posted by EatCoconutCanWin > 2019-06-13 08:43 | Report Abuse

buy in tp 1.50

Posted by AC Gan > 2019-06-13 08:54 | Report Abuse

TP 0.71 cents !

Posted by VenFx > 2019-06-13 09:23 | Report Abuse

If, noon sustainable above 0.710
Pls look forward 0.810(ultimately tp)

Posted by VenFx > 2019-06-13 09:36 | Report Abuse

Its name said it all !
Buy the Greatest tech , kikiki

Posted by VenFx > 2019-06-13 09:37 | Report Abuse

Below 0.670 if the time to hoot again

Posted by spectre007 > 2019-06-13 11:14 | Report Abuse

Heard will rise above rm1 betul ka?

Posted by Hohup > 2019-06-13 11:35 | Report Abuse

Yes. Just stay tuned. Need patience

Posted by carilembu > 2019-06-13 11:36 | Report Abuse

Ya betul boleh naik RM2. kalau boleh tahu harga masa depan RM1, sudah SAILANG LAH. buy at own risks.

Posted by apolloang > 2019-06-13 11:36 | Report Abuse

why 65cts also cannot? wanna buy more cannot meh? hahaha

Posted by Hohup > 2019-06-13 12:10 | Report Abuse

It reminds me of REVENUE

Posted by apolloang > 2019-06-13 12:24 | Report Abuse

who cares sellers or not....keep only

Posted by Mabel > 2019-06-13 12:25 | Report Abuse

It seems that there's not much info on this stocks. What are you guys buying into?

Care to share?

Posted by aConGFX > 2019-06-13 12:28 | Report Abuse

*Greatech Technology Berhad*

*Date*
Open to apply: 13/05/2019
Close to apply: 24/05/2019
Listing date: 13/06/2019

*Share Capital*
Market Cap: RM381 mil
Shares Issue to sell: 119.750 mil shares (IPO 18.780 mil, Company Insider

Posted by northeasttrend > 2019-06-13 12:30 | Report Abuse

0.75 now. Pls keep going up!

Posted by apolloang > 2019-06-13 12:33 | Report Abuse

no need to say pls,or pray just keep until 1.20 and above

Posted by apolloang > 2019-06-13 12:36 | Report Abuse

who cares all the nonsense,just make money is enough

Posted by rikki > 2019-06-13 12:43 | Report Abuse

Greatech in automation & robotics
https://www.malaymail.com/news/money/2019/05/13/greatech-to-raise-rm73.05m-from-ipo/1752367

Posted by Jeff Lee > 2019-06-13 13:07 | Report Abuse

Greatech Technology Bhd, on track for an ACE Market listing, can see earnings grow from both its battery and solar businesses.

Inter-Pacific Research Sdn Bhd forecasts the industrial automation solutions provider will record year-on-year (YoY) earnings growth of 19.6% and revenue growth of 13.9% for the financial year 2020, driven by replenishment orders from its major client, First Solar Malaysia Sdn Bhd, and new revenue streams from its production line system for the assembly of battery modules and packs.

Inter-Pacific Research advised investors to subscribe to the initial public offering (IPO) as the stock price has an upside of 19.2% and has placed a target price of 73 sen a share, above its offer price of 61 sen.

Posted by Jeff Lee > 2019-06-13 13:08 | Report Abuse

Please continue buy buy above RM 1.00, so that i can sell.

Posted by xuxu > 2019-06-13 13:17 | Report Abuse

hahaha ! luckily on board this morning ! win!!

Posted by northeasttrend > 2019-06-13 13:57 | Report Abuse

yeah! Greatest counter for today. Lucky i'm on board too

Posted by northeasttrend > 2019-06-13 13:58 | Report Abuse

after lunch , pls up again !!

Posted by xuxu > 2019-06-13 14:36 | Report Abuse

lock contra profit 0.76, buy back if got chance haha! wish all huat !!

Posted by HazByn > 2019-06-13 14:39 | Report Abuse

this counter going to be like revenue..closing RM1.00 tomorrow

Posted by VenFx > 2019-06-13 14:52 | Report Abuse

0.780 to be its immediate resistance.

Posted by 5354_ > 2019-06-13 15:13 | Report Abuse

Why can goreng? Why HPMT(also new IPO) cannot?

Posted by VenFx > 2019-06-13 15:16 | Report Abuse

Hihihi,
The answer is market prefer to dine in Kfc or MacDonald ?
Which one offer better joys and experience.

Certainly mcdonald rite ?

Posted by VenFx > 2019-06-13 15:19 | Report Abuse

Time to wash my hand ,
0.760 bye bye

See soon yaa !

Posted by apolloang > 2019-06-13 15:29 | Report Abuse

70cts also no care,65cts buy more lo.....hahaha.only buy and keep in freezer......hahaha

Posted by sooaria > 2019-06-13 15:30 | Report Abuse

automation and robotics, and solar business - Greatech has these lucrative business on their plate

Posted by apolloang > 2019-06-13 15:35 | Report Abuse

yup not like HPMT buat TOOLS= old man company.....hehe

Posted by apolloang > 2019-06-13 15:39 | Report Abuse

aiya sure got profit taking one on any stock.....see can come 65cts only say pump and dump

Posted by apolloang > 2019-06-13 15:40 | Report Abuse

if can come to 66cts by 4.45pm today I will dump all......hahaha

Posted by xuxu > 2019-06-13 15:44 | Report Abuse

surge so high, sure ppl will take profit. waiting for good chance to in again hahah

Posted by xuxu > 2019-06-13 15:52 | Report Abuse

buy again when near to closing. observing now haha

Posted by CaptainVeryKeng > 2019-06-13 15:59 | Report Abuse

Wowowowowowow

Posted by apolloang > 2019-06-13 16:32 | Report Abuse

let them dump lah see can 66cts by today? hahaha

Posted by rikki > 2019-06-13 16:53 | Report Abuse

Greatech Technology Berhad

Date
Open to apply: 13/05/2019
Close to apply: 24/05/2019
Listing date: 13/06/2019

Share Capital
Market Cap: RM381 mil
Shares Issue to sell: 119.750 mil shares (IPO 18.780 mil, Company Insider & placement 100.97 mil)

Business
Manufacture of Automated equipment & provision of parts and services for Solar, semiconductor, & consumer electronic sectors.

Geo Local: 10.01%
Foreign: 89.99% (Vietnam 62.68% & USA 25.37%)

Fundamental
Market: Ace Market
IPO Price: RM0.61 (eps: RM0.0627)
P/E & ROE: PE9.73, Ave ROE over 4yrs 11.74%
Cash & fixed deposit after IPO: RM0.11 per shares
NA after IPO: RM0.22
Total debt to current asset after IPO: 0.43 (Debt: 77.358 mil, Non-Current Asset: 39.243 mil, Current asset: 178.639 mil)
Dividend policy: Does not fixed any dividend policy.

Financial Ratio
Trade receivable: 65days (Ave over 4yrs)
Trade Payable: 62days (Ave over 4 yrs)

Past Financial Proformance (Revenue, EPS)
2018: RM219.582 mil (eps: 0.0627)
2017: RM93.914 mil (eps: 0.0376)
2016: RM22.703 mil (eps: 0.0115)
2015: RM21.393 mil (eps: 0.0111)

Net Profit Margin
2018: 14.45%
2017: 20.29%
2016: 25.59%
2015: 26.17%

After IPO Sharesholding
Tan Eng Kee: 74%

Director Remuneration for FYE2019 (from gross profit 2018)
Ooi Hooi Kiang: 66k
Tan Eng Kee: 698k
Khor Lean Heng: 510k
Mariamah Binti Daud: 66k
Ooi Ching Hock: 66k
Total director remuneration from gross profit: 3.1%

Use of IPO fund
Business Expansion: 24.64%
Capital Expenditure: 6.85%
R&D expenditure: 6.85%
Working Capital: 50.03%
Repayment Debt: 6.16%
Lisitng Expenses: 5.47%

Competitor PE & ROE
Penta: PE22.28, ROE16
Vitrox: PE30.45, ROE24.88
Sam: PE14.18, ROE14.61
Mi: PE21.11, ROE13.42
Genetec: PE7.09, ROE11.38
Elsolf: PE14.29, ROE35.53

Industry Analysis (Asean 2012-2018)
Global Solar Cell & Solar Module Production CAGR:27.4% & 27.4%
Global Sales Semiconductor CAGR: 8.7%
Consumer Electronic CAGR: 6.1%

Conclusion
Good thing is:
1. PE9.73 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.

The bad things:
1. Average ROE11.74% (Below ROE15% level), their competitor ROE is higher.
2. IPO fund 6.16% use to pay debt.
3. IPO in the ACE market.
4. Effected by current trade war (might be opportunities & also might not).

Conclusions
Overall is a above average IPO. The most of the funds is use for expand the business.
Demand of their product is increasing every years.

IPO Price: RM0.61

Posted by xuxu > 2019-06-13 17:18 | Report Abuse

today so active tomorrow drift lower and lower? can it be ?? i bought back already, please don't...

Posted by genius > 2019-06-13 17:24 | Report Abuse

Buat apa cakap byk2. Go study daily chart revenue maa. Tomolo don’t chase above 80sen as it will touch rm1

Posted by birkincollector > 2019-06-13 17:34 | Report Abuse

Nobody wanna admit they also suffered losses from hpmt ipo lol

Posted by genius > 2019-06-13 17:41 | Report Abuse

Stock like greatech jarang jumpa. Rise and stay strong on listing day. Say hi to revenue

Posted by Trouble Huat > 2019-06-13 19:01 | Report Abuse

Another revenue. Way to go. Haha

Posted by James Ng > 2019-06-13 19:15 | Report Abuse

https://klse.i3investor.com/blogs/general/210713.jsp
[转贴] [Facebook live:浅谈Greatech technology berhad (Greatec)] - James的股票投资James Share Investing

Posted by VenFx > 2019-06-13 19:47 | Report Abuse

if tomorrow gap up from 0.740 with positive voloume ,
lets chase high yaa :)

Posted by Trouble Huat > 2019-06-13 19:57 | Report Abuse

if not mistaken. good news will be coming in few weeks.

Posted by genius > 2019-06-13 22:20 | Report Abuse

Pang. rm1 is coming. And that time there will be some people would say “Only if I bought earlier” if if if if.

Posted by Mabel > 2019-06-13 22:44 | Report Abuse

Thanks and appreciate for the great analysis rikki !

Already put in two queue this afternoon :)

Cheers!

Posted by northeasttrend > 2019-06-13 23:12 | Report Abuse

https://youtu.be/ZLKs04MqtDw

Astro Awani

Posted by gs888 > 2019-06-13 23:12 | Report Abuse

The CAGR of Greatech in the last 4 yrs are definitely eye catching. However, with their main customer First Solar accounted to >87% of the revenue, what is the prospect of it maintaining the current CAGR? First Solar sales are shrinking year by year, and their solar panel isn't the most efficient in the market either compared the its peers. Greatech's 2nd major customer is Panasonic, and their sales to Panasonic has been stagnant for yr 2017 & 2018. And Greatech does not have any long term contract with either customer. Maybe someone can enlighten me any future prospects of Greatech that is on their pipeline that could provide additional growth?