I seriously hope Genetec doesn't do a bonus issue for the near future. Otherwise it will just draw in the contra players when the price becomes affordable. At this price, only the serious long term investors are playing which will mean it keeps climbing higher without unnecessary profit taking.
40 Is still undervalued….. and management have no intentions of doing BI. They are focused on their contracts with T**LA and their earnings are crazy….
Wow! Rm 500! Wow! First we have to see Rm100 coming, huat ah heng ah ong ah!, as someone put it. Even though that is something very speculative we can hope for 40 -42 first as Vaccineyes put it. I am inclined to believe after such a strong rise that it will be highly possible to reach 40-42 easily, after which we have to see the strength that emanates from this stock and it will be then that we can expect to see higher and higher to the extent Rm72 might then be a bit too low because the anticipation for 2022 financial results will be expected to be fabulous. Good Luck ladies and gentlemen.
Once price start to drop, it may be a hard landing so better take profit while price still good. Hope this won't happen but to be pessimistic is safer than to be confident
Once price starts to drop.............hahahaha, they have been saying that since RM10, then they became delirious at Rm15 and so on and so forth that now it is coming easily to 37 then 42 and then....:}. How could anybody missed so much as Genetec climbed and climbed?. Oh wow! Rm500 it is then but I think that is too early to throw to the market.
China Evergrande is dragging Hang Seng Index down. Investors in speculative companies should be cautious over the next few days as the property market crash in China might have a severe domino effect.
price up 2500% from 1.5 to 36 in one year time, crazy counter..gentle reminder to those still holding tight, better sell now before it back to square one
The current price reflects the ability for this company to produce AI robots using human gene and being sent to the moon and work there such as mining minerals.
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 > 2021-09-17 11:34 | Report Abuse
I seriously hope Genetec doesn't do a bonus issue for the near future. Otherwise it will just draw in the contra players when the price becomes affordable. At this price, only the serious long term investors are playing which will mean it keeps climbing higher without unnecessary profit taking.