Guys,miss Greatec have not declare any bonus or special dividen or free warrant since listing june 2019. Price have gagged up alot from ipo price. Uwc have already declared bonus.
Minggu ini Bursa cukup cantik Banyak sahabat sahabat Gloves cukup gembira Cuma masih terkilan Greatec belum terbang naik Saya yakin dia akan naik lepas raya..
Several good news we can expect from the coming few quarterly reports.
1. Increase in total revenue Year on Year From Q4 2019 quarter report released in March 2019, it was stated that
"The order book for the Group stood at RM215 million as at 31 January 2020. With that, the Group continues to increase and focus on processing these orders that will eventually be contributing to the revenue in the fiscal year 2020."
For FY2019 total revenue is also RM 215 million. Meaning to say at the end of January 2020 Greatech has already secured order book amount which is similar to FY2019.
Revenue FY2020: RM 215 million (secured) Revenue FY2019: RM 215 million
For QoQ comparison, revenue might drop/flat as Greatech is a cyclical business. For example machine installation normally completed in Q4 and Q4 should record the highest revenue while Q1 is mainly focused on tendering, research, material sourcing, and machine designing work.
2. Benefits from weaker ringgits
Similar to export businesses such as MI Techno and Dufu, Greatech is expected to benefit from weak ringgits and enjoy a forex gain in this coming quarter report released on next week.
This is a counter over-reliant on few customers, some more in USA.
Look at the most recent protests in US, the nation is going crazy if things go uncontrolled, and economy going downhill there. Putting money into this counter is a risky bet.
My guess: The bosses of Greatech will try to push up prices while they can before June...after that, pump and and dump and big correction will come.
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