And sadly, the revenue picture is not good. - 2019 to 2021: ranges around 200-250 million per year. - 2016 to 2018: ranges around say 250-300 million p.a. (volatile) - 2012 to 2015: typically above 350 million p.a.
So, over past 10 years, their revenue has been on a downtrend.
They probably need to make a jump to around 260-270 milllion per year revenue and market will wake up and pay attention.
H1/2022 revenue is only RM90 million, so, they won't make that big jump in revenue to catch market attention. So, maybe 2023 might be their luckier year ... investors must be super patient with this stock. If not patient, then sell so that price finds bottom faster :-)
DividendGuy67 thanks for your views on this stock, I am optimistic about its future so long as the management team is able to sail the company through this tough time and manage to increase co's competence in the tech components and LED lighting business. Also hoping for a bottom base to form to collect more tickets. Personal guess is that it may come to 2016 low at 0.95 and hopefully bounce from there.
@nutsuko 3 weeks ago shouting EPF will push to rm2+ (because he you have shares). now (after selling at loss) say will come down to 60c LOL Better you keep quiet. You are not paid to entertain people here.
@Nustsuko now you say 60c. next day you will shout EPF pushing to rm1.50+ never trust the words of a whore _______________ U barked so loud for what ! 1.04 with > 7% diyv ,u still not happy , latest 2 sens qr div for all shareholder during this difficult time , thanks to gtronic big boss Michael Ng ! I will continue support this solid good tech company n believe gtronic will achieve another record profits soon !
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....