At forward annual earnings that we know in the order book of around rm250 million plus existing other projects, , earnings will be easily around 50 million for the year if not higher. At pe of 60 (follow greatec pe), Genetec should be closer to rm60 if using annual eps of rm1.
Looking at today’s vol, TESLA is confirmed. Can anyone share what transpired during the AGM? Big Vol came is even at 35 bucks, 40 is not a destination, MPI is nothing
Tesla tends to keep the vendors for long term relationship. Bodes well for Genetec. Recurring and increasingly higher income for next ten years. Rm100 is not a dream.
I believe the price surge bcos ikan bilis like us, sharks and not to forget also institutional fund/unit trust/billionaire investors, etc. all want to grab a piece of this yummy yummy pie in the foreseeable future...haha!
GENETEC TECHNOLOGY BERHAD - Notice of the Twenty-Third Annual General Meeting
I find this interesting:
Ordinary Resolution 9 Description To authorise the issuance of shares by the Directors pursuant to Sections 75 and 76 of the Companies Act 2016. Shareholder’s Action For Voting Voted For Against No. of Shareholders 99 17 No. of Shares 29,337,159 766,338 % of Voted Shares 97.4543 2.5457 Result Accepted
Genetec makes being in the stock market worthwhile. What is the point of trading other stocks that, once you buy, they go down or they seemed to struggle to go up just a little bit, especially in such times. I am happy making money and good money, not losing money. Why should I lose money at all?? Even for trading it a short while, Genetec is worth the risk, let alone its great potential of reaching Rm100 as somebody here pointed out.
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....
Powerplay666
1,023 posts
Posted by Powerplay666 > 2021-09-15 12:40 | Report Abuse
At forward annual earnings that we know in the order book of around rm250 million plus existing other projects, , earnings will be easily around 50 million for the year if not higher. At pe of 60 (follow greatec pe), Genetec should be closer to rm60 if using annual eps of rm1.