GREATECH TECHNOLOGY BERHAD

KLSE (MYR): GREATEC (0208)

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Last Price

4.83

Today's Change

-0.17 (3.40%)

Day's Change

4.82 - 5.06

Trading Volume

1,152,800


5 people like this.

7,891 comment(s). Last comment by pang72 2 weeks ago

rr88

6,532 posts

Posted by rr88 > 2022-03-09 06:31 | Report Abuse

Go away con mabel. Dont write too con long arr.

Mabel

23,657 posts

Posted by Mabel > 2022-03-09 08:07 | Report Abuse

Hahaha...

How to go away when price too cheap...

Meow

8dragon

2,183 posts

Posted by 8dragon > 2022-03-09 08:13 | Report Abuse

If Oil price continue going up and no cease fire between Russia and Ukraine ,warning of sanctions against Russia will make tech stocks continue to fall....

LossAversion

1,707 posts

Posted by LossAversion > 2022-03-09 08:13 | Report Abuse

@Meow, Greatec facing the same fate as glove????

Lanmum

360 posts

Posted by Lanmum > 2022-03-09 08:14 | Report Abuse

@CharlesT, VS - No1

rr88

6,532 posts

Posted by rr88 > 2022-03-09 08:51 | Report Abuse

Afternoon jump towards closing. Next week 3.60.

Mabel

23,657 posts

Posted by Mabel > 2022-03-09 08:53 | Report Abuse

#LossAversion @Meow, Greatec facing the same fate as glove????
09/03/2022 8:13 AM

No lah...please read what I shared above..

Meow

Mabel

23,657 posts

Posted by Mabel > 2022-03-09 08:54 | Report Abuse

BTW it's not so often rr88 make a buy call..

Hahaha..

rr88

6,532 posts

Posted by rr88 > 2022-03-09 09:06 | Report Abuse

Ukrainian and Russian foreign ministers are meeting in turkey tomolo.

Ukraine has issued a statement that it wont join NATO.

Israeli PM is mediating.

The war will end b4 you know it.

Position yeself for a MONSTER REBOUND in TECH STOCKS post war.

CharlesT

14,660 posts

Posted by CharlesT > 2022-03-09 09:16 | Report Abuse

Hopefully the worst is over....even though i couldnt support u at 2.79....lol

bang_miskin

1,059 posts

Posted by bang_miskin > 2022-03-09 09:54 | Report Abuse

Past few days directors keep buying, no need worry.

Cakes Moon

6,908 posts

Posted by Cakes Moon > 2022-03-09 10:13 | Report Abuse

Why you guys so accurate & able to catch the bottom 1?
I just buy 50 lots testing at RM1.44, not yet all in.

Mabel

23,657 posts

Posted by Mabel > 2022-03-09 10:19 | Report Abuse

pang72 Greatech, pmbtech, genetec.. Lagi..
09/03/2022 9:39 AM

MPI oledi up by RM 1 Pang72...Hehehe

To Our Success !

Meow Meow Meow

rr88

6,532 posts

Posted by rr88 > 2022-03-09 10:34 | Report Abuse

Sold 1 lot 3.18. Fuk you charles T. Where you go. Hiding in cave?

rr88

6,532 posts

Posted by rr88 > 2022-03-09 10:36 | Report Abuse

Actually sold 80% 3.15 - 3.18. See money take money. This thing is still unstable, very volatile. Drop by back.

rr88

6,532 posts

Posted by rr88 > 2022-03-09 10:36 | Report Abuse

Drop buy back

Mabel

23,657 posts

Posted by Mabel > 2022-03-09 10:42 | Report Abuse

Greatech Technology Berhad (KLSE:GREATEC) has had a rough three months with its share price down. However, the company's fundamentals look pretty decent, and long-term financials are usually aligned with future market price movements.

Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. In simpler terms, it measures the profitability of a company in relation to shareholder's equity.

How To Calculate Return On Equity?

The formula for return on equity is:

Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity

So, based on the above formula, the ROE for Greatech Technology Berhad is:

33% = RM142m ÷ RM431m (Based on the trailing twelve months to December 2021).

The 'return' refers to a company's earnings over the last year. One way to conceptualize this is that for each MYR1 of shareholders' capital it has, the company made MYR0.33 in profit.

To Our Success!

Meow Meow Meow

CharlesT

14,660 posts

Posted by CharlesT > 2022-03-09 10:44 | Report Abuse

CharlesT

Hopefully the worst is over....even though i couldnt support u at 2.79....lol

1 hour ago

I am always here Baby

icecool

4,905 posts

Posted by icecool > 2022-03-09 11:00 | Report Abuse

to the moon!

rr88

6,532 posts

Posted by rr88 > 2022-03-09 11:01 | Report Abuse

Sold all. Technical rebound only. You stay you die.

I forgot to tell y'all. 50 day mvg avg staged a DEAD CROSS of its 200 day mvg avg on 27jan. Its 50 day mvg avg staged another DEAD CROSS of its 400 day mvg avg on 04mar.

DOUBLE DEAD CROSSES. Mati 2 kali. Its in a LONG TERM BEAR MARKET towards 1.70.

Posted by EatCoconutCanWin > 2022-03-09 11:50 | Report Abuse

Still uptrend. Don't sell yet. War end this weekend.

bang_miskin

1,059 posts

Posted by bang_miskin > 2022-03-09 12:20 | Report Abuse

Downtrend for the past two days was too fast, everyone rebut-rebut exit this counter. Now everyone rebut-rebut masuk balik.
If you don't believe in tech, sell during rebound, don't rush to sell when everyone selling. Kena pijak sakit tau.
For me I'll hodl like a r*t*rd. I like this stock.

rr88

6,532 posts

Posted by rr88 > 2022-03-09 12:29 | Report Abuse

Yesterday sheat came out at 2.83. Today shok2 buying at 3.27? Ala untong, angkat untong lar. Tomolo is a distant dream. Reality is today.

This is house of cards rebound.

gordonn

24 posts

Posted by gordonn > 2022-03-09 12:42 | Report Abuse

Always reconsider for the fundamental of company When there is a market sentiment downtrend. Since have discount over 50% on tech stock. It is the right time to enter But select the best time.

rr88

6,532 posts

Posted by rr88 > 2022-03-09 12:50 | Report Abuse

Bought 500 lots 3.11
Bought 500 lots 3.01
Bought 1,000 lots 2.83

Sold 2,000 lots averaging at 2.19

Profit $49,000 less brokerage in 3 days.

rr88

6,532 posts

Posted by rr88 > 2022-03-09 12:53 | Report Abuse

Gordonn talking kok after the fact.

At when it moved from 2.84 to 2.81 late yesterday, my sheat came out a bit out of fear. Everyone scared yesterday gordonn.

rr88

6,532 posts

Posted by rr88 > 2022-03-09 12:55 | Report Abuse

*Sold 3.19

Mabel

23,657 posts

Posted by Mabel > 2022-03-09 13:16 | Report Abuse

Hoho rr88

Why so early sell...

I was just warming up...

Meow

rr88

6,532 posts

Posted by rr88 > 2022-03-09 13:26 | Report Abuse

Now i see. Before i didnt see.

Yesterday opened down to 2.86 rebounded to 3.11 n returned to 2.86 - 2.83.

Today after it broke out 3.11, technical target = 3.11 + (3.11 - 2.86) = 3.36

Today fr 11.00 am to 12.30 pm, a bullish ascending triangle formed 3.20 - 3.27. Just b4 lunch its breaking out. Technical target = 3.27 + (3.27 - 3.20) = 3.34

Can consider buying small lots 3.27 - 3.29, with 3 cents brokerage, you will start making profit at 3.30/3.32. Profit is limited 2 to 6 cents only.

rr88

6,532 posts

Posted by rr88 > 2022-03-09 13:40 | Report Abuse

Fuk you balless chicken sheat charles T. In stock market you cannot be a chicken all the time.

rr88

6,532 posts

Posted by rr88 > 2022-03-09 13:45 | Report Abuse

Fuk you con mabel. Con here, con there, con everywhere to look good but to cover your pain of losing n losing again n again.

Nasdaq n all tech stocks hv entered a BEAR COUNTRY. Bear run means it will make lower lows again n again over a long time. Tp 1.70.

gogogogo

964 posts

Posted by gogogogo > 2022-03-09 13:53 | Report Abuse

clean energy play?

Mabel

23,657 posts

Posted by Mabel > 2022-03-09 14:15 | Report Abuse

Hohoho rr88

You sure you make money or not..

Why so stress after selling.. Hihihi

rr88

6,532 posts

Posted by rr88 > 2022-03-09 14:49 | Report Abuse

Water came out. Lembek dy. Make or lose, move out to sideline with 100% cash.

Im out of here. Dont want to be in the same room with this filthy con. No dignity babe.

CharlesT

14,660 posts

Posted by CharlesT > 2022-03-09 14:58 | Report Abuse

rr88 how on earth u know i dont make money this round leh?

lol

CharlesT

14,660 posts

Posted by CharlesT > 2022-03-09 14:58 | Report Abuse

My fav tech co are always Dnex n Coraza lah.....but Vis rebound just now also not bad

Posted by kpowersohai > 2022-03-09 15:06 | Report Abuse

start to crash down ady....tmrw morning sure many lose undie again.

Posted by investmalaysia618 > 2022-03-09 15:23 | Report Abuse

better be safe la guys. even rebound also takes time

Posted by EatCoconutCanWin > 2022-03-09 16:02 | Report Abuse

europe rebound very strong..buy in

Posted by YourQuirkyWays29 > 2022-03-09 16:48 | Report Abuse

Lols rr88, not everyone does trading. hodl gang here.

Mabel

23,657 posts

Posted by Mabel > 2022-03-09 16:50 | Report Abuse

Good buy rr88

As expected he has no holding power...

Meow

CharlesT

14,660 posts

Posted by CharlesT > 2022-03-09 16:54 | Report Abuse

The champion of rebounds today goes to:

Dnex CN +28%
Frontkn WA +25%
KOBAY +20% (crazy....)

Many other tech co rebound more than 10%+

Geng

Cakes Moon

6,908 posts

Posted by Cakes Moon > 2022-03-09 17:05 | Report Abuse

I missed the bottom.
Please come down tomorrow.

Posted by EatCoconutCanWin > 2022-03-09 17:32 | Report Abuse

congrat all. rebounding very strong...yeah

CharlesT

14,660 posts

Posted by CharlesT > 2022-03-09 17:41 | Report Abuse

Dnex is the best tech co to trade...

I oredi repeated the above statement several times....lol

Mabel

23,657 posts

Posted by Mabel > 2022-03-09 18:25 | Report Abuse

As usual rr88 claim victory at Dnex

Hahaha

rr88

6,532 posts

Posted by rr88 > 2022-03-09 18:50 | Report Abuse

Con mabel still here.

At 1.14 i said descending triangle formed in dnex chart n target was 0.95. Bought dnex 5,000 lots 0.9525. 2,500 lots each at 0.95 n 0.955. Then it dropped to 0.865. My sheat came out a bit out of fear. Today sold 1.02. Profit 31++k$.

At 4.00 i said greatec wud break 3.73 low n head to 3.11/3.12. Bought 500 lots 3.11. Then it continued down the same day, bought another 500 lots at 3.01. Then yesterday after a quick syok2 watching it cleared 3.10, it succumbed to heavy selling to 3.83. It was holding 3.81 - 3.85 for a long2 time late evening. I said it was bottom. I doubled down bought 1,000 lots at 2.83. Total 2,000 lots averaging 2.945. Today sold most 3.15 - 3.18 n some at 3.25 - 3.26 averaging 3.19. Profit 46k++$.

In 3 days i make $78k++ what a CEO would make in a month.

rr88

6,532 posts

Posted by rr88 > 2022-03-09 19:01 | Report Abuse

I you dont know, i let you know.
If you cant see, i let you see it.

For 30 yrs i hv been in stock market, industrial, tech or no tech valuation has always been 10 to 15 PE.

This greatec pushing to 65 PE during pandemic trades. It was a BUBBLE.

From the chart you can clearly see it was parabolic and then bubble popped straight down. The trade here is to buy on new low weakness and sell on rebound. In reality you cant get the absolute wave bottom to buy n rebound top to sell. Take what you can get. But DONT EVER STAY to invest long term.

Because last annualised earning is 8.8 cents. Current earning is 11.3 cents. At 15 PE, share price would be 1.30 - 1.70. As there are DOUBLE DEAD CROSSES in the chart, a confirmation that BUBBLE HAS POPPED and it is heading towards 1.30 - 1.70 long term TO HYBERNATE there sideways.

OTB

11,303 posts

Posted by OTB > 2022-03-09 23:01 |

Post removed.Why?

Posted by wallstreetrookie > 2022-03-09 23:03 | Report Abuse

i3 Hall of Fame/Shame
1. Pang72: Contra God
2. Paktua: WhatsApp Pump and Dump God
3. Calvintaneng: "I told you so, buy this company that I recommend instead" AKA OG Master
4. Dompeilee: Appears in literally every stock that limit up Insider Trading God (I bought xxx two months ago and now it's up I am a God)
5. mf: Robot/AI God
6. CUTLOST: Career gambler
7. rr88/Cakes Moon: "Buy high sell low - Sell low buy high"
8. Johnzhang: Value + technical investor
9. OTB: OG Master
10. Mabel: FOMO Analyst

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