Posted by wallstreetrookie > 2021-06-09 16:47 | Report Abuse

Believe me or not, American investors are bold and will pump up Lordstown Motor share price. Unlike weak holders in Serba Dinamik. Never underestimate Wall Street hedge funds

Posted by cheeseburger > 2021-06-09 16:52 | Report Abuse

when the share price goes up due to huge order booking from LM, CEO says got big order from LM.

when the LM face finance problem and may not run production, the CEO says no impact to them.

i leave this to you as if you are selectively hearing only the good news. hahaha

Posted by Jokers2020 > 2021-06-09 16:55 | Report Abuse

i believe no impact as they have start any production for LM.With existing order from other cust will cover the rev m

Posted by Dimitri_Ivanov > 2021-06-09 17:22 | Report Abuse

According to a Maybank research report dated 19/02/2021, out of Greatech's orderbook of RM351.2 mln as of 04/02/2021, about 68% was contributed by Lordstown Motors. That's a very significant percentage. I'm puzzled as to how adverse developments affecting Lordstown will not have any impact on Greatech.

Furthermore, whether or not Lordstown is able to raise fresh fund for its working capital is a big uncertainty at this stage.

Posted by paperplane > 2021-06-09 17:22 | Report Abuse

When a company CEO tell you dont worry, you should..............a. RUN FOR LIFE. b. wait and see. c. still dont know what happening, not sure want to avg down or cut loss.
d. dont trust anyone, curse him bigtime and cut loss/ take gains.
e. continue self hynotise saying everything is ok, just hold and keep under pillow.


Your money , your choice, wakakaka.

Posted by wallstreetrookie > 2021-06-09 17:25 | Report Abuse

@cheeseburger I thought you are genuinely concerned about the company's financial health. But oh wait, upon checking your comment history, sounds like you're trying to buy cheap shares. Exposed!

Stock: [GREATEC]: GREATECH TECHNOLOGY BERHAD
Jun 9, 2021 11:00 AM | Report Abuse

will wait below 5.


Stock: [GREATEC]: GREATECH TECHNOLOGY BERHAD
Jun 9, 2021 10:26 AM | Report Abuse

Greatech has a great fall today...great isnt it?

Posted by paperplane > 2021-06-09 17:26 | Report Abuse

P/E 56x and this P/E is built on a great visionary future earnings. How good it is for it continue growing x100, x200 a year ya.

Posted by Yespleaseletsgo > 2021-06-09 20:04 | Report Abuse

Boss bought 600k shares today. It will rebound tomorrow.

Posted by Jokers2020 > 2021-06-09 20:19 | Report Abuse

the name greatech already shows it will be a great ? ? bilion company in future

Posted by Bgt 9963 > 2021-06-09 20:53 |

Post removed.Why?

Posted by Cattylovefish > 2021-06-09 21:00 | Report Abuse

https://www.wsj.com/articles/first-solar-to-build-new-solar-panel-factory-in-ohio-11623236400

Looks like those invested today going to benefit from there, according to the WSJ, Greatech's major customer has expansion, which means they will need additional capex to fit for their expansion. So still not the end of the world.

Posted by mamatede > 2021-06-09 21:11 | Report Abuse

Managed to collect 5.2... together with boss buy in... haha

Posted by staypositive > 2021-06-09 21:19 | Report Abuse

Boss should give chance to more buyers to buy. Alr holding 70% shares still add on don't sound like a public listed company lol

Posted by newbie2y > 2021-06-09 21:25 | Report Abuse

wow taukeh masuk 600k shares!

Posted by romulos > 2021-06-09 21:50 | Report Abuse

Tomorrow open at 4.90 & close at 5.80

Posted by newbie2y > 2021-06-09 22:05 | Report Abuse

taukeh came to give confidence -
https://www.theedgemarkets.com/article/greatechs-earnings-will-not-be-affected-issues-lordstown-motors-says-ceo

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

such a good company. Future!

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

It will gap up tomorrow. Damn should have bought more

Posted by jutawansenyap > 2021-06-09 22:57 | Report Abuse

Bought before noon and sell above 10 bids profit and climb higher. Never regret. coz got another 20% more profit evening session with another stock goreng.Will goreng lagi hangit minggu depan.. Stay tune guys!!!

Posted by limitupupup > 2021-06-10 00:02 | Report Abuse

lordstown end game with financial problem, payment money is yet to proceed to the company. TMR GONNA END GAME !!!!

Posted by staypositive > 2021-06-10 00:06 | Report Abuse

If the sales turned out become bad debt then its gonna be a problem

Posted by limitupupup > 2021-06-10 00:33 | Report Abuse

never catch a falling knife..... today fake rebound for tmr deeper drop!

Posted by Momotarooo > 2021-06-10 06:31 | Report Abuse

Guys, relax. First solar going to build more factory

https://www.google.com/amp/s/www.wsj.com/amp/articles/first-solar-to-build-new-solar-panel-factory-in-ohio-11623236400

Posted by wallstreetrookie > 2021-06-10 08:04 | Report Abuse

Lordstown Motor +0.01% Down 3.12% after market only. Lol

Posted by Massive > 2021-06-10 08:15 | Report Abuse

https://www.reuters.com/article/us-lordstown-motors-stock/lordstown-shares-reverse-losses-after-company-says-it-is-in-talks-for-additional-funds-idUSKCN2DL264


DETROIT/WASHINGTON (Reuters) -Lordstown Motors Corp shares rallied to positive territory on Wednesday afternoon after the electric truck maker said it was in talks with multiple parties to raise funds.

The disclosure came a day after Lordstown warned in a U.S. regulatory filing that there was “substantial doubt” about its ability to continue as a going concern in the next year due to problems in funding production of its vehicle.

Shares of Lordstown were up 2% on Wednesday afternoon. Earlier in the day they plunged as much as 20% as investors awoke to a vastly different financial picture than Lordstown faced last August when it announced it would go public through a reverse merger with a blank-check company.

Lordstown in a Wednesday statement reaffirmed it has “adequate capital to continue operations, meet supplier obligations and begin limited production,” but will need to raise additional funds and was in talks to do that.

“We are debt free, have significant tangible assets and multiple viable avenues to raise capital including asset-backed financing, equity, equity-related or debt financing, loans, as well as potential strategic investments over the longer term,” the company said. “We are already in active conversations with multiple parties to do so.”

Posted by hantamking > 2021-06-10 08:19 | Report Abuse

Steady la , them have alot of client ^^

https://www.thestar.com.my/business/business-news/2021/06/10/no-issue-with-order-book-says-greatech-ceo

Posted by Bgt 9963 > 2021-06-10 08:25 |

Post removed.Why?

Posted by wallstreetrookie > 2021-06-10 08:36 | Report Abuse

Their investors are different than Malaysian ones. No weak holders/paper hands. In Malaysia, all retailers will cut their losses and dump.

Posted by wallstreetrookie > 2021-06-10 08:36 | Report Abuse

No wonder Bursa index still remains the same after years and years

Posted by trader101 > 2021-06-10 08:48 | Report Abuse

Malaysia is an immature market. Most retailers don’t know what they are investing in, treating bursa like casino.

Posted by trader101 > 2021-06-10 08:50 | Report Abuse

People like limitupup who lost money in bursa will spread fears to ask people dump their tickets.

Posted by everest29029 > 2021-06-10 08:51 | Report Abuse

The taukeh is smart. He said it will not have any impact on Greatech for now. He did not say what will happen tomorrow or the day after when Loadstown wound up. If u read the news the current orderbook is mostly made up of orders from Lordstown Motors. be ready for the great fall.

Posted by paperplane > 2021-06-10 08:53 | Report Abuse

everest. you talk like this ppl will hantam you... keep quiet, let them avg down happy happy. hehe

Posted by wallstreetrookie > 2021-06-10 09:30 | Report Abuse

Umm @paperplane Do you know that Malaysian Investment Development Authority is encouraging foreign investors to allocate funds to local automation companies and OSATs? Greatech obtains a large portion of funding from government incentives (Penang authority). They are backed by strong investors

Posted by jutawansenyap > 2021-06-10 09:34 | Report Abuse

Done going pasukgb

Posted by jutawansenyap > 2021-06-10 09:34 | Report Abuse

Monitor widad.if maintain green until 2 session, prepare to follow volume!!! You

Posted by paperplane > 2021-06-10 10:39 | Report Abuse

yaya. back by strong investors. noted. Serba also back by strong investor, same to Transmile ya. Robert Kuok somemore

Posted by paperplane > 2021-06-10 10:41 | Report Abuse

So what so special abt their battery? better than energicer i guess, can last eternity i guess

Posted by Jeff7 > 2021-06-10 11:02 | Report Abuse

“So far, they have paid us RM161mil based on the progress of project delivery. We have been doing business with Lordstown Motor for less than a year, but I personally have known the top management for eight years since their time in Tesla.

Posted by Jeff7 > 2021-06-10 11:04 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/06/10/no-issue-with-order-book-says-greatech-ceo

Posted by mamatede > 2021-06-10 11:52 | Report Abuse

Flush out the weak hand, time to move to 2nd train.

Posted by GooShen > 2021-06-10 12:55 |

Post removed.Why?

Posted by brian3381 > 2021-06-10 13:05 | Report Abuse

Rebound, u said dead cat bounce. Drop, u said u excelent. Beter u claim u beter than warent bufet

Posted by ooi8888 > 2021-06-10 13:06 | Report Abuse

aiyoo, you also said the same in glove counters, twist here twist there

Posted by wallstreetrookie > 2021-06-10 14:15 | Report Abuse

Lol Robert Kuok boomer. We are talking about institutional investors and foreigners. Not some local billionaires

Posted by Buylowandrun > 2021-06-10 18:55 | Report Abuse

thank you all panic seller

Posted by SmartTraveller > 2021-06-10 19:37 | Report Abuse

Serba is not a reference point for Greatech. It was flagged by external auditors KMPG KPMG

Posted by romulos > 2021-06-10 19:59 | Report Abuse

Tomorrow enter at 4.88

Posted by newbie2y > 2021-06-10 20:08 | Report Abuse

taukeh masuk again at 5.44 avg price with 490k shares! steady..

Posted by tuancapital > 2021-06-10 22:30 | Report Abuse

https://finance.technews.tw/2021/06/10/dnex-hh/