GREATECH TECHNOLOGY BERHAD

KLSE (MYR): GREATEC (0208)

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Last Price

2.00

Today's Change

-0.03 (1.48%)

Day's Change

1.99 - 2.07

Trading Volume

3,837,600


5 people like this.

7,907 comment(s). Last comment by troy88 1 day ago

Posted by kpowersohai > 2022-01-19 20:11 | Report Abuse

buy more drop more....see u all at rm3.

newbie2y

584 posts

Posted by newbie2y > 2022-01-19 21:07 | Report Abuse

boss sendiri masuk le..!

Posted by TheTruthHurt > 2022-01-19 23:52 | Report Abuse

Collect now sad later. I'll wait n see.

Posted by EatCoconutCanWin > 2022-01-20 10:29 | Report Abuse

nasdaq rebound, buy now. later evening and tomolo will up

Posted by Flyhighest > 2022-01-20 16:25 | Report Abuse

The story is simple, some IB's have shorted the counter and now this is a wild fire for them.

Posted by kpowersohai > 2022-01-21 09:04 | Report Abuse

Habis liao lo tech stocks. Ady told u guys dont buy liao, still buy, now buy till holland liao follow yr beloved directors.

Jack888

866 posts

Posted by Jack888 > 2022-01-21 09:26 | Report Abuse

科技股跌無止境

Posted by NatsukoMishima > 2022-01-21 09:41 |

Post removed.Why?

Posted by kpowersohai > 2022-01-21 10:51 | Report Abuse

Waiting at rm4 first i think…

Posted by EatCoconutCanWin > 2022-01-21 11:36 | Report Abuse

Local bank rise interest rate , technology company will spend lesser for RND and cause a lot project delayed. 5G already stagnant, EV technology stagnant as the car price not affordable. Inflation rise to 10years high. Nasi lemak at rm1.70 - rm2.00. better run before black Friday.

Posted by Marigold123 > 2022-01-21 12:16 | Report Abuse

interesting show

Posted by Jameslee Wah > 2022-01-21 12:33 | Report Abuse

Kong Ci Fatt Choy buy buy buy
CNY Ang pow

nnara2401

33 posts

Posted by nnara2401 > 2022-01-21 15:20 | Report Abuse

why is greatec so hard hit tech company ?

Posted by adikhantamking > 2022-01-21 21:13 | Report Abuse

Pangsai song boh

Posted by wallstreetrookie > 2022-01-22 05:36 | Report Abuse

I have been a tech bull especially Greatech and MPI for almost one year and a half.

I literally warned everyone in this forum on December 17 that a lot of counterparties (including foreign/local institutions) were shorting Greatech (RSS). And yet the gang consisting of CakeMoon / OTB / i3 pumpers (pang72 is my good friend haha so nvm) keep luring new tech investors to buy the dip. I seriously doubt if they actually buy themselves.

Sophisticated investors (large account size) were already informed to get out of our position in tech and received market color on the next earnings estimates. And unfortunately, there are still a lot of retail investors providing liquidity for institutions to take profits.

Stock: [GREATEC]: GREATECH TECHNOLOGY BERHAD
Dec 17, 2021 10:43 AM | Report Abuse

Yeah institutions are slowly dumping tech stocks. 2022 could be the year tech underperform. Investing in tech right now is similar to investing in banks. Not much growth left but collect dividends and low risk yields.

I am absolutely speechless at how manipulated this forum can be sometimes. Anyways I don't care anymore because I no longer trade Malaysian equities. :)

Nevertheless, buy the dip on the last trading week of February. Bursa tech will continue to rise in the next 5 years. Short term pain long term gain.

mf

29,214 posts

Posted by mf > 2022-01-22 05:41 | Report Abuse

Dow Jones 34,265.367 -450.02 1.30%
Nasdaq 13,768.92 -385.098 2.72%

Posted by kpowersohai > 2022-01-22 10:45 | Report Abuse

this coming monday will be even more blood bath, brace yrself guys.....ady told u all dont buy liao.

Posted by kpowersohai > 2022-01-22 10:47 | Report Abuse

wallstreetrookie, if invest in greatech dont even got dividends for u to collect la, red2 give u see only on screen.

Posted by Arrogant83 > 2022-01-22 13:57 | Report Abuse

Nasdaq tumbles 2% Friday, notches worst week since 2020 and falls deeper into correction territory


DJIA 34,265.37
-450.02 (-1.30%)

S&P 500 4,397.94
-84.79 (-1.89%)

NASDAQ 13,768.92
-385.10 (-2.72%)

RUSS 2K* 1,987.92
-36.12 (-1.78%)

VIX28.85
+3.26 (+12.74%)


## DJIA = -7%++ from peak

## S&P500 = -8%++ from peak

## Nasdaq = -15%++ from peak



Cryptocurrencies tumble, with bitcoin falling 15% and ether down 20%

BITCOIN 36,576.25
-6,108.52 (-14.31%)

ETHEREUM 2,612.03
-582.11 (-18.22%)


## BITCOIN = -48%++

Posted by Arrogant83 > 2022-01-22 13:57 | Report Abuse

bitcoin now is correlation with nasdaq movement

Posted by wallstreetrookie > 2022-01-22 16:38 | Report Abuse

Nope, T+45 and end of quarter. Then we talk about buying the dip

Posted by wallstreetrookie > 2022-01-22 16:44 | Report Abuse

The street is planning a bigger sell-off based on the consensus among other equity strategists. Fixed income analysts, on the other hand, are predicting a flattening curve for US. For Malaysia, Sell 3Y Buy 10Y spread has inverted for a long time so it doesn't matter. It's 50/50

Still no market color on big tech earnings yet. But a lot more QQQ/SPY puts will be expiring next month. Retail investors are getting smarter too, thus creating further downward spiral. Before mid March, institutional investors will basically keep shorting tech and going long volatility.

Posted by wallstreetrookie > 2022-01-22 17:07 | Report Abuse

Looking at the bright side, managers are bullish on emerging markets and currencies

Posted by wallstreetrookie > 2022-01-22 17:12 | Report Abuse

I am out of Bursa equities for now. But if I am trading on my personal portfolio, I would load the F up on Bursa index funds/blue chip and wait until November 2022

Posted by wallstreetrookie > 2022-01-22 17:20 | Report Abuse

Get used to the transition of Bursa tech companies from growth to dividend-paying value stocks.

Posted by wallstreetrookie > 2022-01-23 22:36 | Report Abuse

Bursa tech will become the new bank stocks with low beta and low growth. Markets to remain flat until midterm elections; Democrats will not let the markets to fall before their performance review since that would be a poor political strategy.

Legend

4,119 posts

Posted by Legend > 2022-01-23 22:40 | Report Abuse

Market turbulence
Markets look set to remain turbulent in the coming week with investors focused on the Fed and earnings.

In a continuation of the tech selloff that has pushed the Nasdaq into correction territory, Wall Street’s main indexes closed sharply lower on Friday. The S&P 500 and the tech-heavy Nasdaq posted their largest weekly percentage declines since the start of the pandemic in March 2020.

Tech companies largely benefitted during the pandemic and saw their shares soar over the last two years.

But tech and growth stocks have been hard hit since the start of 2022 by a rapid rise in Treasury yields on the back of expectations that the Fed will hike interest rates aggressively to combat high inflation.

Higher rates can hurt tech companies with high valuations based on the prospect of future profits.

Posted by kpowersohai > 2022-01-24 10:15 | Report Abuse

run lorrrr...while still got chance to run at rm5 above fast2 run.

Posted by Michael Yeo > 2022-01-24 20:12 | Report Abuse

Should have announced during trading hours.

Posted by Jameslee Wah > 2022-01-25 09:23 | Report Abuse

Great Ang pow coming

henbaram

523 posts

Posted by henbaram > 2022-01-25 10:00 | Report Abuse

greatech just got a new project 160m

drobertp40

205 posts

Posted by drobertp40 > 2022-01-25 10:44 | Report Abuse

Isn't its PE ratio very high compared to inari, mpi and unisem? Greater still very expensive?

rr88

6,532 posts

Posted by rr88 > 2022-01-25 15:32 | Report Abuse

Halfway down.
Inverted flag n pole pattern
Tp 2.86
Sell/stay away

Posted by Rookieinvestor > 2022-01-25 17:47 | Report Abuse

Greatech on the way up

Posted by Michael Yeo > 2022-01-25 18:19 | Report Abuse

Greatech like a yo yo. Better no touch this technology stock which has plunged since a month ago

hoyt

92 posts

Posted by hoyt > 2022-01-25 21:01 | Report Abuse

Stock Market Selloff! WTF is Happening? - Adam Khoo
https://www.youtube.com/watch?v=SPDX6lsUmC0&t=1146s

Mabel

24,278 posts

Posted by Mabel > 2022-01-26 12:35 | Report Abuse

Secures MYR160m in new orders

GREATEC recently announced a MYR160m purchase order from its key PV customer and is on course to add a further MYR568m to its burgeoning orderbook in FY22. We have raised core NP estimates for FY22/23E by 23%/31%, introduced FY24E, rolled-forward our valuation base year to FY23E but lower our valuation peg to 42x PER at +1SD to the LT mean to account for rising bond yields. Our new TP is raised to MYR8.45 (+5%) and at current prices, the entry-point is attractive as valuations are undemanding.

Source : Maybank IB

henbaram

523 posts

Posted by henbaram > 2022-01-26 12:53 | Report Abuse

a good time to buy

henbaram

523 posts

Posted by henbaram > 2022-01-26 12:53 | Report Abuse

with 160m new project

Posted by Jameslee Wah > 2022-01-26 13:48 | Report Abuse

Well keep it going to fly again after CNY

uncensored

2,694 posts

Posted by uncensored > 2022-01-26 13:50 | Report Abuse

Red ang pau la... come come come

KClow

1,322 posts

Posted by KClow > 2022-01-26 15:03 | Report Abuse

Sell.
Going down.

Posted by kpowersohai > 2022-01-26 15:10 | Report Abuse

When up this guys like meow, henbaram and etc will come out kompang here and there when down no where to be found. This rebound is for u guys to run away not to buy more.

newbie2y

584 posts

Posted by newbie2y > 2022-01-26 15:44 | Report Abuse

wow lai le..!!

Posted by EatCoconutCanWin > 2022-01-26 16:26 | Report Abuse

buy uwc

henbaram

523 posts

Posted by henbaram > 2022-01-26 17:11 | Report Abuse

kpower, yesterday already announce new project 160m. the last 1 week, no significant increase in share price. meaning this week. 160m is a lot of project. sura increase share price 20-25%

henbaram

523 posts

Posted by henbaram > 2022-01-26 17:12 | Report Abuse

today 6% is only the beginning.

henbaram

523 posts

Posted by henbaram > 2022-01-26 17:17 | Report Abuse

it's until June 2023 meaning one quarter is 26.6 million. that's 30% of previous revenue. An increase of 30% share price is expected.

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