Just out, gogogog

*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.

Awesome cimb

Cheers cimb holders. Im trading so im out when it hit the resistance at 4.48

Loan moratorium doesnt affect much, only for B40

Tp rm5, with interest rates sure to rise. Banks are the next best sector

1.3b core after stripping out one off gains.

Damn cimb. 4.50 confirm break.

Monday qr. Maybe special special special... D...

Actually their earnings are pretty surprising

Gogogogo

Lets wait for next week. In such markets, stable income stocks are key.

Finally!

Limit up ah, earning of Vietnam powerplant is in. Yesssssss!

Habis mcm ni, memang tak kasi chance

Kenapa teruk sgt

Mind sharing

What deal?

Yespleaseletsgo

Enough is enough...... Haiz...... This one vry suffer.

Unfortunately we're falling into a valuation trap. Which is sad.

Dont know how to manage share prices

This stocks a joke

Lolz everyday drop 1c

Will never buy karim stocks again

The whole rally to 2.05 wiped out back to square one

Sigh

Useless stock really

Everyday 5c down. Why do they do this

This stock goes up to 1.86 then drops straight back to 1.83, im losing faith in this stock.

I hope the owner is happy

In the past 26days, its been green only 6times. Thats not a sign of a good stock, its a sign of an operated stock.

Im a long term scib supporter unfortunately even im losing confidence in the management.

Everytime push up within a day then 6 to 7 days drop i dont see the point

And the recent comments show people are losing faith in the company which is really not good

This is what i ment, if the price doesn't move even the long term investors will start to question the company management. I think the company is doing nothing to support the share price.

F off la cb

I also dont get it, some of you think that the almost negligible dividend can affect stock price. Weird

Rm2, that was nice

Energy draining

Sometimes this share is frustrating

Rm2

Kpower will bring scib up soon

"Sweets"

Fundamentals always prevail, let wait for it to climb back above rm2

Well, lets hope the 1.65 support stays

No wonder last minute buying interest surged

https://www.theedgemarkets.com/article/petronas-inks-agreement-sarawak-energy-purchase-power-supply#.YEDI_rczwDM.facebook

Scib will be a beneficiary

Yes at least better than 1.65

Too early, let's just wait for fundamentals to prevail, if tomorrow drop we will be disappointed

500k one mouth sapu till 1.70