Looks like Bursa will be back to 1400+ , all big funds selling non stop

It's not only Genetec, look at MISC, Vstech, Artech, and many others all have similar Charts, big funds are selling heavily... might go all time low

I have exited all positions in Bursa , something seriously happening, almost all stock are with ugly charts Mcement, MPI, Gtronics .. cleared Genetec @1.05 ( I'm the one with margin purchase)

In oil & gas , the benefit outwit the cost in acquiring new assets, just look at petronas they keep expanding since the profit generated is well above interest cost, oil price will never drop because supply is limited, I support hibiscus in acquiring new assets

Heavy selling, will go up once the selling stop , I'm keeping, RM1.60 at least

Only 50% of genetec sales is in North America, this company build new production lines , not difficult to get new customers and then everyone will be buying back , Advantage is Malaysian company easier to get European & American order once the China Trade van take effect next year

Volume keep dropping that's a good thing, it's already at the bottom before uptrend again which takes couple of days

Now all the way up to at least RM1.6

https://finance.yahoo.com/news/genetec-technology-berhad-klse-genetec-220639640.html

EPF & few other funds are collecting, will never drop below 1.05

It's only order deferments in 2025 , by that time they should be able to get something else don't under all these panic selling

It's Panic selling while EPF is happyly collecting

It's order deferments in 2025 , it's a long way by that time they should be able to get something else

Genetec has the skills & knowledge to undertake complex projects to set up of new production lines at reasonable prices ..with China trade war by the west this is a good thing for Genetec , they will flourish

Read properly the above article, they are not into EV alone , they have few business and their clients are mostly from Malaysia & China

https://www.thestar.com.my/business/business-news/2024/06/07/growth-potential-in-genetec

It's only order deferments not cancellation, they can still get new clients with the facilities that they have , all is not lost . Many are selling on panic. It's already oversold

https://www.businesstoday.com.my/2024/08/27/order-deferment-hiccup-for-genetec/

Nothing is wrong with genetec, I see similar pattern with Pmbtech, just look at Pmbtech charts

EPF bought 3.4m shares between 1.38 to 1.45 on the 22nd Aug , will not drop below 1.07 since those that want to sell already exited

This is similar to Pmbtech, push down to RM1.55 now back to RM2.1 , better get some while can

The selling is reducing by the days , highest 84m the 41m today most probably 25m , the number keeps reducing.and with strong support by others funds .will go up once the selling stop, I'm all in Genetec

Hello hot stuff, are you typical apek selling soya drink using motorbike at the street?

Bought more @1.16 using margin. all the way up to at least RM1.75

2nd half qty sold is 6m units , from 35m to 41m, so basically the selling has reduced with strong support @1.12..hopefully from tomorrow green

Looks like margin force sales by some major holders, will rebound once the force sales stopped, now already at the low with strong support @ 1.12

220m shares changed hand since the dropping, clearly oversold tomorrow onwards will be green

Added more at RM1.120, strong support @1.12 until the end , tomorrow onwards will be green up to @RM1.8 clearly oversold

One hour after 2nd half only about 1m shares traded , so the selling of as reduced considerably, should be green at the end of the day

Last one hour in the morning volume just about 1m , so the selling has reduced..will close green today

Notion & Genetec recovering, will turn green today

Both genetec and notion will close green today

Looks like the selling is almost done , don't be late to go in

Both Notion & Genetec dropping since last week so it's not company specific more to makro , one big funds selling so will go up once selling stop

Notion recovering , genetec will be green today

Friday US market rebounded strongly, US economy is in good shape and genetec can expand their business since the business model still intact

Heavy & Strong buying support at the end , almost 200m shares changed hand since the dropping, everyone who want to exit already exited ...next week will be green

It's a margin call for some big holders , happening with Notion too .. bought mine at 1.15 all in

This internet company still cheap if compare to ITMAX ..time to accumulate

RM2 , do not sell guys

https://timesofindia.indiatimes.com/city/chennai/tyre-industry-facing-severe-natural-rubber-shortage/amp_articleshow/112207474.cms

More sell down tomorrow, sales will be badly affected by US policy on imports from Mexico & tarif of 25%

Just watch Sincerestock, those who want to sell have exited , now all the way up , my target price is RM2.5. They will have almost RM600m cash by end of this year , that's is worth current share price

Matter of time Hourbor will use the RM500m cash that they have properly

Easier since not much qty available

Those that want to sell have exited, now is the time to RM2

If they use that cash properly invested in 12% dividend company, can get additional Room investment income, Harbour can just double in value

Harbour has about RM500m cash , that amount can take over another company

At the same time some funds are collecting at the lowest possible price since there is a selling, the funds will push it up back once the selling stop , I think the selling is almost done

Some funds are selling most probably because removal from Syariah list , trying to go up but there is roadblocks, will definitely catch up with MISC & SYSG once the selling stop , matter of time