GREATECH TECHNOLOGY BERHAD

KLSE (MYR): GREATEC (0208)

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Last Price

2.12

Today's Change

+0.07 (3.41%)

Day's Change

2.07 - 2.13

Trading Volume

1,883,700


5 people like this.

7,904 comment(s). Last comment by kl_guy 2 weeks ago

GooShen

5,400 posts

Posted by GooShen > 2021-06-11 09:29 |

Post removed.Why?

awxm2021

49 posts

Posted by awxm2021 > 2021-06-11 09:46 | Report Abuse

RED = BUY
GREEN = SELL

WAKAKAKA!!!1

awxm2021

49 posts

Posted by awxm2021 > 2021-06-11 12:17 | Report Abuse

Q BUY 5.10

bigprice

839 posts

Posted by bigprice > 2021-06-11 12:23 | Report Abuse

Boss buying everyday. Public Bank research report said tp price unchanged.

Posted by wallstreetrookie > 2021-06-11 14:03 | Report Abuse

Malaysia IPI jumped 50% YoY in April

Posted by wallstreetrookie > 2021-06-11 16:35 | Report Abuse

Too much political risks. Really unattractive to invest in Malaysia. Wanna move fund somewhere else

Posted by wallstreetrookie > 2021-06-11 17:48 | Report Abuse

But the IPI numbers are just okay

Belila

79 posts

Posted by Belila > 2021-06-12 11:12 | Report Abuse

Supposed not comfortable to invest in Malaysia. You can go elsewhere. Make it done quickly n urgently.
I am proud you go elsewhere n have flying colors. Tq

bigprice

839 posts

Posted by bigprice > 2021-06-12 13:16 | Report Abuse

Every 1 knows that this is fast fast growing company. Boss hold 70% shares. 15% long term investors. 15% only consider floating in open market. Any drop management people fast fast buy. All waiting to buy if it drop 5.00 level. If total lockdown it may drop. But people very fast will buy. Next tp 6.80.

brian3381

1,888 posts

Posted by brian3381 > 2021-06-12 13:39 | Report Abuse

Pkp is expected. Muted response. No drop

bigprice

839 posts

Posted by bigprice > 2021-06-12 13:54 | Report Abuse

U compare last year drop 50%??? Joke. Nowdays people not panic sell . Tey just wait. C last two week .MCO 3.0 . Bursa steady. Second day only we know MITI approve 100,000 .

Posted by wallstreetrookie > 2021-06-12 14:05 | Report Abuse

Even if there exist high political risks, if I wanna move my funds, Greatech will be the last company that I sell. Best tech company. Even better than UWC

awxm2021

49 posts

Posted by awxm2021 > 2021-06-12 18:32 | Report Abuse

SO THAT YOU CAN BUY CHEAP?

bigprice

839 posts

Posted by bigprice > 2021-06-12 21:00 | Report Abuse

Greatec not for contra or short term hit n run players.

Belila

79 posts

Posted by Belila > 2021-06-13 00:55 | Report Abuse

480-490 parking on Monday
Let see any fish bite my lure

Massive

8 posts

Posted by Massive > 2021-06-14 08:26 | Report Abuse

high growth counter. keep growing

Massive

8 posts

Posted by Massive > 2021-06-14 08:28 | Report Abuse

previous two days was stopping volume

awxm2021

49 posts

Posted by awxm2021 > 2021-06-14 17:23 | Report Abuse

pang, u want to buy cheap!

bigprice

839 posts

Posted by bigprice > 2021-06-14 17:25 | Report Abuse

Greatec not for contra or short term hit n run players. Slowly up up up

slowgain

24 posts

Posted by slowgain > 2021-06-14 17:30 | Report Abuse

Slowly up up up

denniszzbl

217 posts

Posted by denniszzbl > 2021-06-14 19:06 | Report Abuse

big boss is topping up... there must be some upcoming good news...

paperplane

21,660 posts

Posted by paperplane > 2021-06-14 20:19 | Report Abuse

No worry ya.......

Posted by thisistheway > 2021-06-14 20:19 | Report Abuse

unfortunately the impact is inevitable unless they found back another customer sizeable or bigger than Lordstown...something fishy, they went public via SPAC last Oct and now only say no money??

Posted by wallstreetrookie > 2021-06-14 20:21 | Report Abuse

Anne Riley Moffat
Mon, June 14, 2021, 7:55 PM

RIDE
+7.64%
(Bloomberg) -- Lordstown Motors Corp. announced the abrupt departure of its two top executives and said its board found evidence of inaccurate statements, intensifying the turmoil for the electric-vehicle maker and onetime SPAC star.

The company said in a statement Monday that Chief Executive Officer Steve Burns and Chief Financial Officer Julio Rodriguez have resigned from the company, effective immediately.

It is the latest setback for the company, which warned last week it might not have enough cash to fund development of its first truck or even survive the next 12 months if it can’t raise more capital. In March, the startup disclosed a Securities and Exchange Commission probe of its operations after a short seller said its technology was flawed and that preorders for its truck were nonbinding.

Shares fell as much as 20% in premarket trading Monday. The stock was down 11% to $10.11 as of 7:55 a.m. in New York.

In a separate statement, Lordstown said a board investigation concluded the company had made certain statements about vehicle preorders that did not hold up to scrutiny.

“Lordstown Motors made periodic disclosures regarding preorders which were, in certain respects, inaccurate,” according to the company’s own investigation.

The board concluded other allegations made by short seller Hindenburg Research in March were “false and misleading” in many aspects.

The company’s lead independent director, Angela Strand, has been named executive chairwoman, and she will oversee the company until a new CEO is identified. Becky Roof, who has previously served as an interim finance chief at other corporations, will do the same at Lordstown.

Posted by wallstreetrookie > 2021-06-14 20:21 | Report Abuse

Main point:
The company’s lead independent director, Angela Strand, has been named executive chairwoman, and she will oversee the company until a new CEO is identified. Becky Roof, who has previously served as an interim finance chief at other corporations, will do the same at Lordstown.

paperplane

21,660 posts

Posted by paperplane > 2021-06-14 20:22 | Report Abuse

Kekeke. All money almost collect. Someonenask why worry. Wakakaka

paperplane

21,660 posts

Posted by paperplane > 2021-06-14 20:23 | Report Abuse

Pe 70+ only, not pe100 macam gloves, no worry lah, steady bom bi bi

Posted by wallstreetrookie > 2021-06-14 20:24 | Report Abuse

Oops someone is desperate to collect cheap shares since he missed out

Posted by wallstreetrookie > 2021-06-14 20:24 | Report Abuse

CEO and CFO were kicked out. A new and more competent management will be replaced. Greatech remained a credible paymaster

Posted by wallstreetrookie > 2021-06-14 20:26 | Report Abuse

@paperplane follow your comment. When people fear, I greedy. So buy

Posted by wallstreetrookie > 2021-06-14 20:28 | Report Abuse

From your profile, I can tell you are a cyclical investor. Yi-Lai, Pchem, LCTitan, glove. No wonder you hate this stock. Sorry you missed out

paperplane

21,660 posts

Posted by paperplane > 2021-06-14 20:32 | Report Abuse

some even bullshit US gov will bailoutt them due to new EV car. really worst bullshit i heard so far

paperplane

21,660 posts

Posted by paperplane > 2021-06-14 20:34 | Report Abuse

i never miss anything lah. you can keep on playing with this stock, no one is stopping you anyway. I have earn enough in gloves, and many pther stocks like shipping, steel this yr so far.

paperplane

21,660 posts

Posted by paperplane > 2021-06-14 20:35 | Report Abuse

Chief Executive Officer Steve Burns and Chief Financial Officer Julio Rodriguez have resigned from the company, effective immediately.


Read carefully and stop arguing. RESIGNED! not being FIRED! wakaka. non competent? who? wakakaka

paperplane

21,660 posts

Posted by paperplane > 2021-06-14 20:37 | Report Abuse

5.54 x 30% is 1.66

I guess using your argument, it should LIMIT UP TOMORROW LEH!!!
RM7.20 HOOOOOORAY, in your WET WET DREAM

bigprice

839 posts

Posted by bigprice > 2021-06-14 20:39 | Report Abuse

Big boss already hold nearly 70%. Keep on collecting. Floating shares might be 15% . Sure long term investors hold atleat 15%. If Any drop opputunity to buy. If you don't act fast , big boss sapu semua.

bigprice

839 posts

Posted by bigprice > 2021-06-14 20:44 | Report Abuse

Esos 5.475.

paperplane

21,660 posts

Posted by paperplane > 2021-06-14 20:55 | Report Abuse

Yaya. Must well privatise it. Doesn't sound good eh? Privatise je

Posted by wallstreetrookie > 2021-06-15 06:07 | Report Abuse

@paperplane Oh I guess you are following that Facebook streamer smoking cigar?

I know you and followed your comment
1. Freight
2. Lctitan
3. BJCorp
4. Lioind
4. Yilai

The same pattern. So, are you a true investor that does your own due diligence or a sheep that follows guru advice on Facebook? I would assume it is the latter.

GooShen

5,400 posts

Posted by GooShen > 2021-06-15 12:01 | Report Abuse

Wait below 5 to come
Over value and customer issue
Avoid first

PureBULL ...

2,614 posts

Posted by PureBULL ... > 2021-06-15 12:35 | Report Abuse

PureBULL >>>, [14.06.21 15:10]

these 2 useless ceo n cfo resigned,
the powerful board of RIDE, Lordstown did the right thing.
as advised by ancient Suntze; chop off those heads n put in the skillful ones n all's well...

every single new start-up like bio-tech lab stocks will burn n burn money for years. it happened to TSLA n etc.
Only specialist talented CEO n more so the CFO can charmingly n successfully raised funds periodically in advance for the co to be a going concern.

IT WILL BE VERY OK FOR the RIDE going forward ...

PureBULL >>>, [14.06.21 21:19]

u can only find these 2 pure iliots who told the entire fin world how they failed on their high powered JOB ..

PureBULL >>>, [15.06.21 00:03]

GREATEC suffered 3 rounds of price plunges due to bad news of Lordstown.
The co-relationship is fast diminishing, as today's drop is briefly.

GREATEC, the # 1 brilliant stock on KLSE is helping factories worldwide to automate.
Highly profitable n highly scalable biz, GREATEC is a WONDERFUL stock sure to show high speed success...

Posted by Buylowandrun > 2021-06-15 14:31 | Report Abuse

Thank you panic seller

bigprice

839 posts

Posted by bigprice > 2021-06-15 14:59 | Report Abuse

5.80 next.

denniszzbl

217 posts

Posted by denniszzbl > 2021-06-15 17:56 | Report Abuse

big boss everyday top up a lot!

bigprice

839 posts

Posted by bigprice > 2021-06-15 18:29 | Report Abuse

Future big dividend company?

cheeseburger

2,873 posts

Posted by cheeseburger > 2021-06-15 21:09 | Report Abuse

https://www.theedgemarkets.com/article/electrictruck-maker-lordstowns-ceo-cfo-resign-shares-slump

The resignations of founder and CEO Steve Burns and chief financial officer (CFO) Julio Rodriguez come as the company's board reported conclusions from an internal investigation into claims made by short-seller Hindenburg.

cheeseburger

2,873 posts

Posted by cheeseburger > 2021-06-15 21:15 | Report Abuse

At least this proven the pre-sale order is not true as they claimed. Sales number is not true, will not impact Greatech for now but i guess will come after where the orders may decline soon when adjustment is made.
For raw material in long lead time that already secured, it will increase TAT before it generate revenue for the company. Wait and see what is going impact to Greatech soon..

cheeseburger

2,873 posts

Posted by cheeseburger > 2021-06-15 21:26 | Report Abuse

as that company running out of cash, in worst case is bad debt will start to surface.

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