Once people starts to understand Genetec, this will shoot up easily. And post BI, it will continue to fly as the Malaysia TESLA gets “cheaper”. See Tesla open high again today after hitting trillion market cap
at this price... limited upside and lots of downside. The risk/reward is just not very nice. Also this Bonus Issue is too much. The share price does not move after the announcement is also a bad sign
Genetec never admitted its customer is tesla and never to disclose who is the customer ?a lot of secretive for this company. EV manufacturer got many in US , and base on the common sense , tesla will look for small manufacturer as their supplier ? Any EV part patent belong to Genetec ?
actually the person who bought this counter only base on speculation like gamble , go to the genetec website also limited info, just can using your imagination to blow the balloon. Actually tesla did disclose who is their supplier if you go to do the google search , everything is transparent ,not like genetec , all is secretive information. If I got tesla this type of customer, i sure put a big big name in my website to attract more customers .
Go read the Annual report, MFRS has the option to keep customers name secret. Genetec is not a showboating company like top glove. Their marketing is quite poor. But u cant see chen kai voon selling shares despite turning profit 100%, mind u as he is major shareholder.
We must cash out before Cxxx ! Bonus issues just a common tool used by banker to goreng ! If without BI i will hold until rm 100 ! But now the rules of game already chged just like the consensus trend to downward soon ! Remember that action faster than banker before it collapse !
just your speculation , unless you are the staff in GENETEC or how you can confirm their customer ?use " definitely" ,you are not even able to know what is their products look or service provide . only know they involved in EV , then anyhow all in your bet ?
.... love the money not the stock... the last 2 years have proven most ex BI price slumped... gloves, Pbb, eita... etc.. not to mention super high PE now..
Suggest you scroll back the forum and read, all evidence have been produced and read the current and previous CIMB-cgs Report. Dont just go to the website, there are no information in it
In the event that Tesla is not a customer (according to our assumption and thesis of this report), we believe that order visibility of Genetec will only be limited to the contracts that it has announced so far (amounting to RM204.6m from Feb-21 to date). This is from Pg 16 of CIMB report , they just speculate only , very unprofessional assumption , if in US , already kena sue
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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....
8899EL8899
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Posted by 8899EL8899 > 2021-10-26 12:05 | Report Abuse
very interesting, kicking the ball fore & back, the final goal is to keep the economy healthy, money generate more money, keep it up.