Posted by ongliren93 > 2021-06-09 10:59 | Report Abuse

Bobice 5% only, just clean up retail investor.

Posted by cheeseburger > 2021-06-09 11:00 | Report Abuse

will wait below 5.

Posted by Boboice > 2021-06-09 11:09 | Report Abuse

Then i think panic sell is one thing, other might worry about balance payment and the finished good (if yet to ship to lordstown) etc.. Not big deal but definitely will have impact

Posted by imvu > 2021-06-09 11:18 | Report Abuse

bagi lah rebound petang nanti , k .

Posted by invest_malaysia > 2021-06-09 11:53 | Report Abuse

Insider selling? Bad news?

Posted by GooShen > 2021-06-09 11:54 |

Post removed.Why?

Posted by nakata > 2021-06-09 11:55 | Report Abuse

@invest_malaysia, who is selling ?

Posted by stockfreak > 2021-06-09 11:57 | Report Abuse

Two things haunting the market:

Local: Agong is summoning leaders to istana
Foreign: US CPI will be announced tomorrow. If up a lot, bloodbath on Friday.

Posted by AlibabaInf > 2021-06-09 11:58 | Report Abuse

Greatec will be another serbadk

Posted by AlibabaInf > 2021-06-09 12:00 | Report Abuse

No brain buy this share no dividen , nta 0.26
Sell u 25time capital

Posted by JTShares > 2021-06-09 12:10 | Report Abuse

https://www.businesstimes.com.sg/transport/lordstown-motors-warns-it-needs-more-capital-to-keep-going

Posted by JTShares > 2021-06-09 12:11 | Report Abuse

Greatech’s key customer Lordstown Motor needs more capital to keep going

Posted by mamatede > 2021-06-09 12:22 | Report Abuse

Greatech need to diversify away from one customer.. now Lordstown = Greatech...

Posted by invest_malaysia > 2021-06-09 12:24 | Report Abuse

@nakata, your guess lo. Who else can sell greatech from 5.7 down to 5.2 in just few hours

Posted by Yespleaseletsgo > 2021-06-09 12:31 | Report Abuse

*GREATECH (Maintain BUY, TP at RM7.20 based on 45.0x FY22 PE – 0.9x PEG)*

https://www.businesstimes.com.sg/transport/lordstown-motors-warns-it-needs-more-capital-to-keep-going

Note that this is not something new to the market as it has been featured in CNBC 3 weeks back https://www.google.com/amp/s/www.cnbc.com/amp/2021/05/24/lordstown-slashes-21-production-plans-says-more-capital-needed.html

Meanwhile at Greatech level, the group has collected RM161m out of RM250m from Lordstown. The balance of RM90m will be collected by Aug and Oct21.

Understand that Lordstown will raise another round of fresh capital and we believe that the existing cash of US$587m is suffice to pay the remaining US$25m to Greatech.

Additional info: On the first five years of operations, Tesla burned usd5b. Taking cue from this, USD635m raised by Lordstown is definitely not enough for Working Capital. Understand that there could also be some changes at Lordstown group level.

Meanwhile, Greatech's robust growth is still intact and imminent and this should come from First Solar and more contracts from its 4th new EV customer.

Any weakness in the share price presents a good BUYING opportunity. Maintain BUY, with an unchanged TP of RM7.20.

Posted by Yespleaseletsgo > 2021-06-09 12:32 | Report Abuse

Just out, gogogog

Posted by hantamking > 2021-06-09 12:47 | Report Abuse

no need chase high , now is a opportunity to add up

Posted by jutawansenyap > 2021-06-09 12:51 | Report Abuse

Buy.

Posted by cheeseburger > 2021-06-09 12:52 | Report Abuse

today trading volume over 16mil, this is not small number and sure some big shareholder is dumping the stock not just small fish. Ripple impact the stock will continue stay low for this week till the dust settle...

Posted by jutawansenyap > 2021-06-09 12:53 | Report Abuse

Support price now for technical rebound.

Posted by candygg > 2021-06-09 13:09 | Report Abuse

lelong price, thanks....collected 30 tickets more ....

Posted by jutawansenyap > 2021-06-09 13:10 | Report Abuse

Volume consider low maa..share issued 1 billion kot.share float almost 30%.consider drop without volume.and other related counter lain xde apa2 pun.drop ni due to tiba tiba break support.itu je.boleh beli for technical rebound..

Posted by jutawansenyap > 2021-06-09 13:11 | Report Abuse

Tapi kalau drop lagi CL laaa apa lagi..risk to drop more very very low for 2nd session unless kalau betul2 ada bad news.

Posted by jutawansenyap > 2021-06-09 13:12 | Report Abuse

Bad news can be detected before market 2nd session open.Otherwise can be considered panic selling

Posted by Yespleaseletsgo > 2021-06-09 13:19 | Report Abuse

Agreed. I believe the second session will be stronger

Posted by romulos > 2021-06-09 13:41 | Report Abuse

Enter at RM4.90

Posted by limitupupup > 2021-06-09 13:42 | Report Abuse

rebound, panic buy back later!

Posted by johnny cash > 2021-06-09 14:15 | Report Abuse

it will rebound just a matter of time

Posted by johnny cash > 2021-06-09 14:17 | Report Abuse

GREATEC EARNINGS are always good, not necessary to be worried. it s normal up s and down s.... but earnings are always good

Posted by denniszzbl > 2021-06-09 14:25 | Report Abuse

gonna top up soon!

Posted by jutawansenyap > 2021-06-09 14:41 | Report Abuse

Sold.Good luck!!!!

Posted by imvu > 2021-06-09 14:41 | Report Abuse

tolong rebound tinggi tinggi ..

Posted by Yespleaseletsgo > 2021-06-09 15:04 | Report Abuse

I aim for 5.50

Posted by johnny cash > 2021-06-09 15:13 | Report Abuse

just panic selling, so early already rebounded

Posted by cheeseburger > 2021-06-09 15:56 | Report Abuse

the Loadstown reportedly does not have sufficient cash in the WSJ report raise eyebrow of investors in Greatech, huge impact to Greatech share price today where many investors adopted to let go the share and a wait sideline until situation is clear.

Posted by cheeseburger > 2021-06-09 16:05 | Report Abuse

https://www.cnet.com/roadshow/news/lordstown-motors-financial-trouble/

Lordstown motors is Greatech major customer which contribution is expected to be approx 50% of FY2021. Investors shall take note of the potential impact if this new start up has a jam start to deliver as promise. They've run into financial trouble that is been reported in above link.

Posted by Yespleaseletsgo > 2021-06-09 16:09 | Report Abuse

https://www.theedgemarkets.com/article/greatechs-earnings-will-not-be-affected-issues-lordstown-motors-says-ceo?type=malaysia

Posted by wallstreetrookie > 2021-06-09 16:19 | Report Abuse

Haha CEO just repeated what I said in the forum. Good job always love this boss. Super charismatic and aggressive. Well-deserved billionaire buy

Posted by wallstreetrookie > 2021-06-09 16:19 | Report Abuse

Buy the dip!

Posted by BIOALPHA > 2021-06-09 16:19 | Report Abuse

Guys should read this.

https://hindenburgresearch.com/lordstown/

Posted by wallstreetrookie > 2021-06-09 16:20 | Report Abuse

Greatech to the moon!!!

Posted by Yespleaseletsgo > 2021-06-09 16:21 | Report Abuse

Tomorrow sure rebound don't regret.

Posted by wallstreetrookie > 2021-06-09 16:22 | Report Abuse

Greatech truly deserves 10B valuation

Posted by wallstreetrookie > 2021-06-09 16:24 | Report Abuse

Later after market close huh

Posted by Buylowandrun > 2021-06-09 16:27 | Report Abuse

Tqtq panic seller cut

Posted by cheeseburger > 2021-06-09 16:33 | Report Abuse

the CEO did not give detail on how they will not affect Greatech, just a marketing talk...this single customer accounted 50% of company revenue as matter of fact.

Posted by cheeseburger > 2021-06-09 16:35 | Report Abuse

this is not a panic sell, the concern is real.

Posted by wallstreetrookie > 2021-06-09 16:40 | Report Abuse

OK you sell then

Posted by wallstreetrookie > 2021-06-09 16:41 | Report Abuse

I see no problem. If Lordstown ran out of money, then Greatech will say goodbye and move on. And nothing will affect the revenue. Chances are, Lordstown will raise money from investors and voila we are back

Posted by wallstreetrookie > 2021-06-09 16:42 | Report Abuse

RIDE will do public offering don't worry. They have a lot of retail investors to butcher.