@pang72 I cannot understand what you are writing because your English grammar is so weird haha. But anyways good for you since I already sold Greatech a few days ago. It is enough for me and I need to go for holiday soon so i need money
@pang72 I still think next year, Hibiscus and Coastal will perform very well except Hengyuan Refining and Petron. I don't think energy stock is over yet. Just ignore OTB and sslee because they cannot control a 1 billion dollar company.
I spoke to energy analysts and they told me that based on their models (taking into account proprietary data from oil exporters and producers), the floor price for crude oil is around 63$ to 68$ per barrel into Q1 - Q2 2023. So, if oil prices remain high and inflation remains elevated, then companies like ExxonMobil and exploration companies like Hibiscus will still command pretty good free cash flow for the entire 2023. What do you think>
Most people are losing money in this bearish market how many got extra money to invest further unless you are institution most retailers are under water recommending all tech stocks to buy unless the clients are very rich
We continue to like GREATEC, underpinned by its healthy outstanding O/B, acquisition of new customers and aggressive expansion plans. Albeit maintaining our forecasts for FY22-24E, we nudge our valuation peg higher to 44x FY23 PER, at +0.5SD to the LT Mean with a new TP of MYR6.60 (+25%). Our BUY rating is maintained on its positive growth outlook and safe-haven draw within the MY tech sector owing to its limited exposure to the broader semicon industry amidst the ongoing slowdown.
When its expected, then market needs extra positives to be catalyst. Overall with the government's push for EV, depending on the direction of GREATEC, may be beneficial to its business.
First Solar is “the most significant beneficiary of the Inflation Reduction Act (IRA) with high visibility on capacity, revenue and earnings growth through 2026.”
10-year plan seems like no plan at all. Sound like business per normal and no major stand out plan for such a big technology company. Raise 500mil just to do acquisition....hmm.
LORDSTOWN Motors Corp’s financial constraints may triggered a knee-jerk selling of the shares of its supplier Greatech Technology Bhd as US-based electric truck maker Lordstown Motors is a key client. Lordstown warns it may fail as investor Foxconn gets jumpy! Lordstown is in danger of being delisted from the Nasdaq because its share price closed below $1 on March 7 and it has not recovered since. Foxconn told Lordstown that it may unwind the agreement if Lordstown did not resolve its listing issues.
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YourQuirkyWays29
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Posted by YourQuirkyWays29 > 2022-12-06 11:24 | Report Abuse
pity those that sold yesterday