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

Mabel

24,233 posts

Posted by Mabel > 2020-10-31 00:50 | Report Abuse

The current selling pressure on Wall Street may have been absorbed thoroughly and DJI rebounded, we expect this rebound may sustain after the US Presidential Election. Right now they are washing out all the weak holders. I expect a rebound will happen from the 7th November onwards. This happened in any US Presidential election irrespective who ever wins..

Overall, the narrative for the market remains unchanged and being cautious on the Covid-19 status going into winter season, where daily cases shot up near the 500k confirmed cases.

Nevertheless, market players are likely to stay sidelines given a few major events that will take place in the following weeks such as:
(i) US presidential election,
(ii) Budget 2021,
(iii) local political developments, and
(iv) BNM monetary policy meeting.

So actually it's an opportunity to accumulate as the CPO is in all time high. This A380 will starts flying from the 7th onwards.

Meow...

Mabel Nostradamus

Posted by wallstreetrookie > 2020-10-31 16:25 | Report Abuse

All in. TP RM20

icyminsfw

46 posts

Posted by icyminsfw > 2020-11-01 00:48 | Report Abuse

Tech sector in Malaysia depend on US election results. If Biden win Malaysian tech sector can kaput because Biden want to end the tech trade war with China.

Ending the China trade war is not good for Malaysia tech company because our tech stock benefits from the China trade war. China is the world largest tech manufacturing in the world.

icyminsfw

46 posts

Posted by icyminsfw > 2020-11-01 00:48 | Report Abuse

https://ibb.co/GPwjR7G

I uploaded the scenario that happen if Joe Biden win and trump win.

Mabel

24,233 posts

Posted by Mabel > 2020-11-02 13:02 | Report Abuse

One of the reason why Mabel Technology Greatech is doing so well is because of Renewals Energy.

Greatech Technology major revenue comes from the Export Market since Malaysia is too small. Bloomberg predicts that wind and solar will grow to 56% of global electricity by 2050. O&G will continue to dominate the Energy for the next 30 Years.

Another source of energy is coming from Mabel Plantation using Bio Fuels. That is one of the reason why Palm Oil will breach RM 3300 soon. Beside Gloves, these two investments hedge Mabel;s Investments in the O&G Sector

Meow

enning22

2,932 posts

Posted by enning22 > 2020-11-02 17:33 | Report Abuse

the real story is the project of making "ev battery",(electrical vehicle battery).for customers like Tesla

Posted by JusticeMaker > 2020-11-02 18:47 | Report Abuse

huat arh, who held Greatech since IPO sudah huat huat huat, mabel jie already said last year this is a giant in the making, tapi semua intraday trade je lol

Posted by Shawalrich87 > 2020-11-02 20:27 | Report Abuse

From rm1 to rm8. What handsome capital gain .keen in this counter.

Posted by richard kh wong > 2020-11-02 21:01 | Report Abuse

Last yr Ipo price is 0.60, low is 0.61.

Jeju88

425 posts

Posted by Jeju88 > 2020-11-03 14:07 | Report Abuse

Soon Heng very strong promotion here & all tech stocks.

Posted by wallstreetrookie > 2020-11-03 16:07 | Report Abuse

You guys notice. The more people promote about Greatec, the more it drops. It used to be straight linear uptrend until more Facebook sifus promote and call buy. That’s some signal. Pandai2 lan

fishchu

64 posts

Posted by fishchu > 2020-11-03 16:14 | Report Abuse

Jeju88 promote you strong growth tech cannot kah ? ok promote you buy trouble lousy company like barakah ,scomi, thheavy

Dakewlest

1,758 posts

Posted by Dakewlest > 2020-11-03 21:28 | Report Abuse

Waiting for Greatech to hit RM10 or RM 5 after BI.

Mabel

24,233 posts

Posted by Mabel > 2020-11-03 21:56 | Report Abuse

@soonheng State Street Australia Fund Acquired Greatech 2,707,617 shares
03/11/2020 10:58 AM

soonheng PMB Shariah Aggressive Fund Acquired Greatech 3,044,200 shares
03/11/2020 10:58 AM

soonheng,

Can you share the reference for these information.

Thanks!

Meow

icyminsfw

46 posts

Posted by icyminsfw > 2020-11-04 10:27 | Report Abuse

If Joe Biden win then it will affect Malaysia Tech stock because China will leading again the tech export. Malaysia tech benefits largely from the US China trade war. Once Joe Biden announce to stop the trade war our tech sector will kaput.

koey

83 posts

Posted by koey > 2020-11-04 10:48 | Report Abuse

icyminsfw If Joe Biden win then it will affect Malaysia Tech stock because China will leading again the tech export. Malaysia tech benefits largely from the US China trade war. Once Joe Biden announce to stop the trade war our tech sector will kaput.
https://www.youtube.com/watch?v=dFESC6zZYu8

wwhuat

39 posts

Posted by wwhuat > 2020-11-04 12:22 | Report Abuse

slow and steady

Mabel

24,233 posts

Posted by Mabel > 2020-11-05 00:12 | Report Abuse

The U.S. presidential election has yet to deliver a clear winner, as many predicted, with several key contested states too close to call and votes still being counted across Pennsylvania, Michigan, Wisconsin, North Carolina, Georgia and Nevada. With 270 electoral votes needed to claim the White House, President Trump currently has 213 electoral votes, and former Vice President Joe Biden has 238, according to the Associated Press. While many were hoping for a quick and decisive result, a historic number of mail-in ballots could be counted into Wednesday and possibly beyond.

Posted by wallstreetrookie > 2020-11-05 08:44 | Report Abuse

Haha soonheng you stuck in Greatec is it? PE 70 still haven’t sold any EV battery. Can buy? Go Holland

icyminsfw

46 posts

Posted by icyminsfw > 2020-11-05 09:47 | Report Abuse

Trade careful today. Afraid tomorrow Anwar make Motion of No-Confidence at the Parliament or many objection on the budget 2021.

Jeju88

425 posts

Posted by Jeju88 > 2020-11-05 09:58 | Report Abuse

Biden is leading.....soonheng must have bought at high.

enning22

2,932 posts

Posted by enning22 > 2020-11-05 10:00 | Report Abuse

don't be silly . maintain status que, is the best political interest of Anwar, new election is too risky , and uncertain.

Posted by wallstreetrookie > 2020-11-05 12:23 | Report Abuse

Funds bought Greatec a long time ago. Norges, Affin Hwang now they’re accumulating more after election

genghis

451 posts

Posted by genghis > 2020-11-05 15:33 | Report Abuse

new high

Dakewlest

1,758 posts

Posted by Dakewlest > 2020-11-05 18:09 | Report Abuse

Go Greatec!

Posted by wallstreetrookie > 2020-11-05 21:04 | Report Abuse

Very good close today. I’m very surprised

phyroxus

683 posts

Posted by phyroxus > 2020-11-05 21:23 | Report Abuse

unbelievable this greatec react so great on potential biden become president...

rr88

6,532 posts

Posted by rr88 > 2020-11-07 09:42 | Report Abuse

Only an asshole would goreng this stock to 80 pe and only an asshole owner would allow that to happen. Integrity is above money, any time, except for assholes.

Posted by daretocutandchange > 2020-11-08 11:33 | Report Abuse

Watch out Genetec recently the price and volumn slowly up.

mf

29,193 posts

Posted by mf > 2020-11-08 21:31 | Report Abuse

For vaccine related, potential beneficiaries may
include pharmaceutical companies such as PHARMA (NR), DPHARMA (NR),
BINTAI (NR), SOLUTN (NR) and HWGB (NR).

phyroxus

683 posts

Posted by phyroxus > 2020-11-09 18:14 | Report Abuse

@soonheng, how you know who acquire now as i don't found any info from announcement.

icecool

5,043 posts

Posted by icecool > 2020-11-12 14:37 | Report Abuse

benefit of low float can easily push up

Posted by wallstreetrookie > 2020-11-13 11:09 | Report Abuse

Wish I bought more damn

Posted by GorengHealthcare > 2020-11-13 13:37 | Report Abuse

Investor rather goreng Luster goreng AT than buy this and hold from 1.50 in March to 9.20 now...

Posted by wallstreetrookie > 2020-11-13 14:10 | Report Abuse

Entered in March RM2.00 I’m so lucky. I didn’t buy more sad

Posted by wallstreetrookie > 2020-11-13 14:12 | Report Abuse

Waiting for pullback and correction to add. EV is the future. Problem is can Greatec generate revenue from selling those EV batteries? When will Malaysia import EV from China/US? These are some of the main catalysts. Solar energy I’m not very optimistic. Semiconductor very average. Main selling point is healthcare and EV battery

dalpinia

2,299 posts

Posted by dalpinia > 2020-11-13 16:15 | Report Abuse

soonheng ; where you get the info for those IB & Funds buying? Appreciate if you can share the link

dalpinia

2,299 posts

Posted by dalpinia > 2020-11-13 16:15 | Report Abuse

thanks a lot

Posted by Insiderinfo > 2020-11-16 09:26 | Report Abuse

Greatec today 9.5

Dakewlest

1,758 posts

Posted by Dakewlest > 2020-11-17 02:19 | Report Abuse

RM10 soon.

Mabel

24,233 posts

Posted by Mabel > 2020-11-18 19:06 | Report Abuse

#rr88 Only an asshole would goreng this stock to 80 pe and only an asshole owner would allow that to happen. Integrity is above money, any time, except for assholes.
07/11/2020 9:42 AM

I think the real asshole are the one who sell when it was below 70 sen...

Nice and Lovely. This counter no need to watch one...Greatec really know how to take care of itself against asshole..

Meow

GooShen

5,400 posts

Posted by GooShen > 2020-11-19 11:27 | Report Abuse

PE too high
Time to sell and profit take

dalpinia

2,299 posts

Posted by dalpinia > 2020-11-19 12:18 | Report Abuse

Tesla fly, it will fly together soon....

enning22

2,932 posts

Posted by enning22 > 2020-11-19 16:02 | Report Abuse

gooshit goes every where to shit around , does he knows that is not hygenic

Posted by wallstreetrookie > 2020-11-20 17:21 | Report Abuse

Really? Dayang PE so low 4.78 go buy la @Gooshen

Posted by wallstreetrookie > 2020-11-20 17:21 | Report Abuse

No balls buy Dayang

Posted by bullishhalali > 2020-11-20 18:32 | Report Abuse

@gooshen... i think,
u just dont how PE really works . PE is the most unreliable indicator in FA. Go back and read

Posted by wallstreetrookie > 2020-11-20 21:57 | Report Abuse

Greatec is momentum investing. More reliable indicators include debt to equity ratio/ US EV market and competitive moat. Greatec has the highest competitive advantage in the renewable energy sector if they can fulfill their promise and deliver EV battery. The stock will go down if they can’t deliver the batteries with enough sales

Posted by wallstreetrookie > 2020-11-21 21:18 | Report Abuse

Besides Greatec, Sarawak companies (private), solar, biomass are major players in renewable energy

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