Unlike most organisations where esos are heavily allotted to promoters or key management, apparently the Genetec esos was fairly distributed even to the janitor. If I were (wish I was now) a mid management employee with those esos, I would work 25 hours. They have similar esos schemes in the Silicon Valley.
I don’t know much about Genetec before until I read the CIMB note. If I understand the US client’s business model correctly, surely this is only the start. So to me if I believe Genetec is a proxy to this US client of theirs, I reckon Genetec will ride the Battery Revolution. it does not matter if I did not buy at RM5, RM15 or RM25. I can still buy now
You are so right . The only way for local companies to be world champion is to compete internationally and to move and challenge the boundaries overseas
NaiveInvestor I don’t know much about Genetec before until I read the CIMB note. If I understand the US client’s business model correctly, surely this is only the start. So to me if I believe Genetec is a proxy to this US client of theirs, I reckon Genetec will ride the Battery Revolution. it does not matter if I did not buy at RM5, RM15 or RM25. I can still buy now
For those who doesn't believe the Genetec story, no need to bash the counter. If you are client of Manulife, Principal, or Affin, your unit trust manager is happily buying Genetec on your behalf haha...
Unlike the others, Genetec had clearly been elusive. I understand from some analysts that management is very focussed on delivering results. As long as they deliver and procure more relevant contracts from key EV players, the value of the company should increase.
damn must be painful for Zrenxy holding on to his gloves since peak last year (based on his comments on glove stocks since last year)....u could have made 300% return on genetec
unlike rubber gloves which needed the pandemic for share price to rally by multifolds last year, this saw a huge reversal since peak in 2H last year and is only going to trend lower. not the case for genetec hopefully :)
Genetec business is intact. A group of us bored housewives decided to do some very basic research on some of the purported EV related stocks during the MCO. As we have no access to management and cannot visit the factories, we decided to observe the ins and outs movements of the respective factories. Many of my Penang friends covered the companies there. I spent days outside the Bangi factory over the past 2 months. I was impressed with what I saw. We also compare notes. You would be surprised what you can find out just sitting and watching at the factory gates
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....
ChongLeeWoon
228 posts
Posted by ChongLeeWoon > 2021-08-13 16:50 | Report Abuse
Close at near day high after some holders selloff together with market's risk-off mood.
Next week will be SUPER INTERESTING.