GENETEC TECHNOLOGY BERHAD
KLSE (MYR): GENETEC (0104)
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Last Price
0.945
Today's Change
+0.125 (15.24%)
Day's Change
0.81 - 0.97
Trading Volume
73,987,200
Changes
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Discussions
16 people like this. Showing 50 of 12,045 comments
CIMB Analysis: Genetec Maintains Growth Trajectory - Strong Buy Recommendation at RM3.60
Date:
2024-02-29
Firm:
CIMB
Stock:
GENETEC
Price Target:
3.60
Price Call:
BUY
Last Price:
0.81
Upside/Downside:
+2.79 (344.44%)
2 days ago
Aaron Chen Khai Voon: A Prominent Figure in Malaysian Business
Aaron Chen Khai Voon is a prominent figure in the Malaysian business landscape, known for his involvement in various industries, particularly technology and property development. He has made significant contributions to the country's economic growth through his entrepreneurial ventures.
Key Points About Aaron Chen Khai Voon:
* Genetec Co-Founder: Chen is one of the co-founders of Genetec Technology Bhd, a leading global provider of unified IP security solutions.
* Seal Incorporated Shareholder: He has a substantial stake in Seal Incorporated Bhd, a property development company.
* Diversified Investments: Chen's interests extend beyond technology and property, with investments in other sectors.
* Business Acumen: His strategic thinking and business acumen have contributed to the success of his ventures.
2 days ago
The Potential of Genetec Technology
Genetec Technology Bhd is a Malaysian company specializing in automation solutions, particularly for the automotive and electric vehicle (EV) industries. Its potential lies in the following areas:
* Growing EV Market: As the global demand for EVs continues to rise, Genetec's expertise in automation solutions for EV production lines becomes increasingly valuable.
* Expanding Customer Base: Genetec has been successful in securing large-scale projects with key automotive and EV manufacturers. This provides a strong foundation for future growth and potential diversification into other industries.
* Energy Storage Solutions: The company is also involved in the energy storage segment, offering battery energy storage systems (BESS) for grid stability and renewable energy integration. This presents additional growth opportunities as the demand for clean energy solutions increases.
* Technological Advancements: Genetec's focus on research and development allows it to stay at the forefront of automation technology. This enables the company to offer innovative solutions that improve efficiency, quality, and cost-effectiveness for its customers.
* Geographical Expansion: While Genetec has a strong presence in Malaysia, there is potential for further growth through international expansion. The company's expertise in automation and energy storage can be valuable in other markets with similar needs.
Overall, Genetec Technology's potential is driven by the growing demand for automation solutions, particularly in the automotive and EV industries, as well as the increasing focus on clean energy and sustainable practices.
2 days ago
Genetec Technology Bhd typically pays dividends to shareholders to distribute a portion of its profits. This practice is common among publicly traded companies and can have several benefits:
* Rewarding Shareholders: Dividends offer a tangible return on investment for shareholders, which can be especially appealing for long-term investors.
* Financial Health Signal: A consistent dividend payout can be seen as a positive sign of a company's financial health and stability. It suggests that the company is generating sufficient profits to cover its operating expenses and still have resources to distribute to shareholders.
* Attracting Investors: A dividend-paying company can be more attractive to certain investors, particularly those seeking regular income. This can increase demand for the company's shares, potentially driving up the stock price.
* Corporate Governance: Dividend payments can encourage good corporate governance as companies may be more motivated to maximize shareholder value.
2 days ago
Good123
Never seen so much postings from you in one day! You are OK, not on steroids.
2 days ago
Analysts' target prices for Genetec Technology Berhad (GENETEC) vary slightly, but the consensus is around **RM3.60 to RM3.75**¹²³. This represents a significant potential increase from the current trading price.
2 days ago
Price-To-Earnings ratio (9.7x) is below the MY market (15.3x)
Earnings are forecast to grow 21.95% per year
Earnings grew by 5.2% over the past year
Trading at good value compared to peers and industry
2 days ago
Price-To-Earnings vs Peers: GENETEC is good value based on its Price-To-Earnings Ratio (9.7x) compared to the peer average (52.3x).
2 days ago
Good123
Analysis & the effort of your research is excellent. However the general market is not taking any notice of what you have posted since this morning. In actual fact it has come down by nearly 7%. Base on your analysis there should be an uptrend. Maybe they have taken into account the possible effect is the slow down of the EV market in the near future due to EU, US & Canadian ridiculous tariff rates that has bouncing around against China. Just have to wait & see or take the risk & probably make good profit if it goes the right way.
2 days ago
It is very misleading to quote past favourable analysis (Feb) considering what has happen within at least the last 2 weeks. Even some of the substantial shareholders have drop off.
2 days ago
Trying to bait the gullible ones. Please do your own research and due diligence instead of taking things at face value. Plenty of lap dogs out there.
1 day ago
Genetec Powers Ahead: CIMB's Top Pick for 2024 in the Green Energy Revolution! EV is the future$$$ CIMB has selected Genetec as one of its top picks for the year 2024.
Genetec Technology Bhd, positioned as a key beneficiary of the increasing adoption of green energy, is anticipated to maintain its electric vehicle (EV)-related order book at a minimum of RM200 million throughout FY24-26F, given the ongoing surge in EV adoption.
1 day ago
last chance to sapu Genetec@0.82, you won't be able to get this price in afternoon section
1 day ago
uptrend for genetec... once the buying momentum begins, investors would buy even more
1 day ago
According to a report dated April 2023 by the International Energy Agency (“IEA”), electric car sales in 2022 broke record
and the momentum is expected to continue through the calendar year of 2023. The automotive industry is undergoing
a significant transformation with the rise of electric vehicles (“EV”), and it is becoming a major force in the global energy
economy. National policies and incentives, along with rising concerns on climate change, are expected to further motivate
prospective EV buyers.
In addition, the Moody’s Report (June 2023) noted that the shift towards electric vehicles is gaining momentum. Car makers
have expressed their commitment for fully electric line-up by 2030, and this shift to EVs supports the battery producers at
the expense of internal combustion vehicles.
With net zero emissions and carbon neutrality becoming the centre of attention, the importance of practising green and
low-carbon operations and developing green products has become increasingly prominent. In pursuant to that, the Group
adopted a forward-looking approach and is actively increasing its product portfolio through internal development and
partnerships to capitalise on the secular growth trend in electrification and energy storage.
The Group believes that there is enormous room for growth in the E-mobility and Energy Storage segments for the years
to come. The E-mobility & Energy Storage segments are expected to continue to be a key driver for the Group’s growth in
revenue. The Group will continue to deepen its strategic co-operation with existing key customers from the E-mobility and
Energy Storage segments.
As the world accelerates the renewable energy transition, the global and local opportunities as well as the growth rate for
BESS market are attractive and gaining momentum. In tandem with this global shift, the development of BESS is the Group’s
effort to capture opportunities in the renewable energy space $$$$
1 day ago
According to the International Energy Agency (December 2021), the global demand for BESS was 19.3 GWh in 2020 and is
projected to reach 157.4 GWh by 2026. Through its in-house project BESS, the Group has the opportunity to leverage its
existing capabilities to participate directly in the global goal of achieving net-zero carbon emissions by 2050. BESS, which is
intended to address and solve challenges in power distribution, storage, scalability, and portability, is a solution which can
bridge industries and companies to renewable energy integration within their business in a cost-effective manner.
By embracing the transition to renewable energy, the Group aims to seize opportunities within the sector by developing
and offering quality, high-tech products such as BESS. With ongoing business development engagements in both the global
and local market for BESS, the Group continues to be optimistic about the progress & development of BESS and has gained
strong traction in extending our technology into this new market segment.
As a leading technology company and supplier of advanced manufacturing solutions, R&D has always been a core to our
long-term strategy to maintain our global market share. As a Group, we are committed to strengthening our technological
expertise in automation solutions, and our R&D team continues to offer innovative solutions to meet evolving customers’
needs. We remain true to this commitment and will continue to invest in R&D to enhance the Group’s technical capabilities
and product quality, including exploring other opportunities and sectors such as BESS to increase strengthen our leadership
position and enhance market share.
Moving forward, the Group will further strengthen and expand its product portfolio in the renewable energy segment,
including BESS, and capitalise on our pioneering position to gain market share. We remain committed to expanding
our customer base, enhancing our technology, promoting and exporting BESS globally, as well as offering investment
opportunities in the renewable energy revolution😎
1 day ago
Genetec Technology Bhd Company Profile
Genetec Technology Berhad, an investment holding company, designs and manufactures smart automation systems, customized factory automation equipment and integrated systems in Malaysia, Asia, Europe, and North America. It offers assembly, material handling, and in-house machine center solutions; testing and inspection solutions; precision tooling jigs and fixtures; aluminium profiles; and machine parts and tools fabrication services for equipment and replications of systems and equipment. The company serves the e-mobility, energy storage, automotive, hard disk drive, consumer goods, and pharmaceutical industries. Genetec Technology Berhad was incorporated in 1997 and is headquartered in Bandar Baru Bangi, Malaysia.
See Less
Industry
Machinery, Tools, Heavy Vehicles, Trains & Ships
Sector
Industrials
Employees
345
Market
Malaysia
Compare GTCY to Peers and Sector
Value
Quote
Size
Growth
Profit
Metrics to compare
GTCY
Peers
Sector
Relationship
P/E Ratio
9.3x 32.1x 11.1x
PEG Ratio
−2.40 0.02 0.01
Price / Book
1.3x 1.7x 2.4x
Price / LTM Sales
2.3x 3.5x 2.0x
Upside (Analyst Target)
357.3% 33.5% 34.7%
1 day ago
Price Target
A price target is an analyst's projection of a share's future price.
Average Target Price, Price Call and Upside/Downside here are derived from Price Targets in the past 6 months.
Last Price
0.82
Avg Target Price
3.60
Upside/Downside
+2.78 (339.02%)
1 day ago
Overpriced stock after splitting 1:12 supposedly priced only around 0.30 ✅ nowadays
21 hours ago
If prices at 0.30 the share also value at 3.60 ( 12 X 0.30 )now so its very overpriced 🩸
21 hours ago
SINGAPORE – Family offices are shifting their cash towards bonds, and public and private equity, with almost half expecting returns above 10 per cent over the next 12 months.
Public equity allocations were similar globally – between 26 per cent and 30 per cent. Allocations to private credit and real estate funds were also at comparable levels of around 2 per cent.
Bond allocations varied across the globe, with offices in the Asia-Pacific and Latin America giving it more emphasis, compared with the other regions.
20 hours ago
Genetec, a goldmine
The surge in the electric vehicle (EV) business (often referred to as "EV biz") can be attributed to several key factors:
1. Environmental Regulations: Governments globally are implementing stricter emissions regulations, with many planning to phase out gasoline-powered vehicles. These policies push automakers and consumers towards electric vehicles.
2. Technological Advancements: Continuous improvements in battery technology have led to longer driving ranges, faster charging times, and lower costs. As technology becomes more accessible, it accelerates EV adoption.
3. Consumer Preferences: Increasing awareness of climate change and environmental impact has led to a shift in consumer preferences. Many are now opting for more sustainable transportation solutions, which has spiked demand for EVs.
4. Government Incentives: Tax breaks, subsidies, and incentives for both manufacturers and consumers make EVs more affordable. These incentives are a significant driver of growth in the industry.
5. Infrastructure Development: Expansion of charging infrastructure, including fast chargers, makes EVs more convenient for long-distance travel, reducing range anxiety and encouraging more people to switch to EVs.
6. Cost Parity: With EV production scaling up, costs are dropping, making electric vehicles more price-competitive with traditional internal combustion engine (ICE) vehicles.
7. Major Investments by Automakers: Many major car manufacturers are heavily investing in EV production. As a result, a larger variety of EV models is entering the market, appealing to different segments of consumers.
These factors, combined, are likely to drive significant growth in the electric vehicle market in the coming years.
19 hours ago
Genetec Technology, a company involved in precision engineering and automation solutions, stands to benefit significantly from the surge in the electric vehicle (EV) market for several reasons:
1. Increased Demand for Automation: The EV industry requires advanced automation in the production of electric vehicle components like batteries, powertrains, and electronic systems. Genetec’s expertise in automation solutions positions it well to supply manufacturers with the systems needed for efficient, large-scale EV production.
2. Battery Manufacturing Growth: One of the critical areas of EV production is battery manufacturing, where automation plays a significant role. Genetec provides technology and solutions to automate the production of batteries, an essential component in EVs. As the demand for EVs increases, so will the need for high-volume battery production, benefiting companies like Genetec.
3. Supply Chain Opportunities: EVs have more sophisticated electronics and require high-precision components. Genetec's capabilities in precision engineering make it a valuable supplier in the EV supply chain, especially for key components like battery management systems (BMS) and other critical parts.
4. Partnerships with Key Players: Genetec is likely to form partnerships with major EV manufacturers and battery producers, benefiting from long-term contracts and increasing its market share within the growing EV ecosystem.
5. Global EV Expansion: As more countries and automakers shift towards electric mobility, Genetec can expand its business globally, providing technology solutions across various markets, enhancing both its revenue and international presence.
6. Technological Innovation in Green Energy: With the global push towards sustainability, Genetec’s ability to innovate and develop solutions that align with green energy and clean technology trends will give it a competitive edge in securing new contracts and business opportunities in the EV market.
Overall, the growth of the EV industry provides Genetec with new opportunities to supply automation, precision engineering, and high-tech solutions, leading to potentially significant business expansion.
19 hours ago
Looking towards 90sen to rm1.10 for the initial rebound as short selling is gone
19 hours ago
Good123
Bit quiet from you today on a better than average day. RUOK? Hope you are fine.
7 hours ago
Wah u see after sharp below 90 cents it jump back.price 94.5 high 97 cents
20/8/24 12.38am
Join me as follower or paid(guide).
Follower already 290+++.
Genetec rm 1
Let see next week.can get some or not.if sharp below 90 cents then try to accumulate long term.
3 hours ago
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Good123
Genetec Technology Bhd anticipates increased demand for its automation and energy storage solutions as customers continue to carry out their production plans.
The tech company stated that recurring orders in the electric vehicle (EV) and energy storage segments are expected to anchor Genetec's earnings prospects in the coming quarters.
"Expectations are that revenue will be further complemented by potential opportunities in the new and other product divisions of our existing customers.
2 days ago