GENETEC TECHNOLOGY BERHAD

KLSE (MYR): GENETEC (0104)

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Last Price

0.815

Today's Change

-0.005 (0.61%)

Day's Change

0.815 - 0.835

Trading Volume

7,535,700


16 people like this.

12,358 comment(s). Last comment by Flyinghorse 1 day ago

Posted by phoenixqueen > 2023-02-23 18:06 | Report Abuse

woohoo, zach zach got grab anot when 2.6++?

Zachzach

1,259 posts

Posted by Zachzach > 2023-02-23 18:06 | Report Abuse

QR next week..plz buy now..b4 it fly...ready...
even today..from 2.63 to 2.79 ! juzt one day happen...;)

Posted by yangkwang99 > 2023-02-25 05:11 | Report Abuse

Hope is a positive QR !

Posted by phoenixqueen > 2023-02-25 09:31 | Report Abuse

next week we see RM3 liao!!!

Zachzach

1,259 posts

Posted by Zachzach > 2023-02-27 21:33 | Report Abuse

why sell pang72?

Posted by phoenixqueen > 2023-02-27 21:34 | Report Abuse

wa qr like that, give chance to buy low liao lo

by2mie

89 posts

Posted by by2mie > 2023-02-27 22:00 | Report Abuse

QR : 27 Feb 2023
Q1-2023

Profit QoQ: - 49.08%
Profit YoY: - 30.22%

Huhuhu...

Posted by Genetec A baby step > 2023-02-28 10:18 | Report Abuse

Revving up for Expansion: Genetec Technology's Building Blocks of Growth - CIMB Reiterates Add with TP RM4.20 https://klse1.i3investor.com/blogs/genetec_rm400/2023-02-28-story-h-297280010-Revving_up_for_Expansion_Genetec_Technology_s_Building_Blocks_of_Growth.jsp

Posted by Genetec A baby step > 2023-02-28 10:20 | Report Abuse

Genetec has reported record quarterly revenue in the third quarter of FY23, with revenue increasing by 20.5% qoq and 30.5% yoy to RM85m.

However, the EBITDA margins decreased due to forex losses, a less profitable sales mix, and development costs for new battery energy storage system projects.

Despite this, the company's 9MFY23 sales and core net profit rose by 39% and 34% yoy, respectively,

GENETEC recently completed a private placement to fund future expansion. It will use 53% of the proceeds to expand its manufacturing facilities, increasing production capacity by almost 1.5x.

The company also completed the development of its in-house BESS and is preparing to begin a pilot run, which could be a new growth driver from FY24F.


https://klse1.i3investor.com/blogs/genetec_rm400/2023-02-28-story-h-297280010-Revving_up_for_Expansion_Genetec_Technology_s_Building_Blocks_of_Growth.jsp

Zachzach

1,259 posts

Posted by Zachzach > 2023-03-01 00:52 | Report Abuse

new tp from 4.6 to 4.2

how long to go? as now even 3 also cant reach ;)

Posted by superbullklse > 2023-03-01 10:04 | Report Abuse

GENETEC 的业绩更新 ~ 你们怎么看?

https://klse.i3investor.com/web/blog/detail/superbullklse/2023-03-01-story-h-297246474

izoklse

5,272 posts

Posted by izoklse > 2023-03-01 14:26 | Report Abuse

Tesla gets nod to import battery electric vehicles into Malaysia

https://www.thestar.com.my/business/business-news/2023/03/01/tesla-gets-nod-to-import-battery-electric-vehicles-into-malaysia

izoklse

5,272 posts

Posted by izoklse > 2023-03-01 14:27 | Report Abuse

KUALA LUMPUR: The Ministry of International Trade and Industry (Miti) has approved TESLA’s application to import battery electric vehicles (BEV) into Malaysia.

In realising this objective, Tesla will establish a head office in Malaysia, introduce Tesla's "experience centres,” service centres and establish its "Supercharger” network.

TESLA’s presence in Malaysia is expected to create skilled and better-paying job opportunities for workers in the BEV segment and increase the participation of local companies in the TESLA ecosystem, both domestically and globally.

izoklse

5,272 posts

Posted by izoklse > 2023-03-01 14:58 | Report Abuse

Welldone Tesla coming to Malaysia. TESLA’s presence in Malaysia is expected to create skilled and better-paying job opportunities for workers in the BEV segment and increase the participation of local companies in the TESLA ecosystem, both domestically and globally.

izoklse

5,272 posts

Posted by izoklse > 2023-03-01 14:59 | Report Abuse

"We will also strategically leverage on our established electrical and electronics ecosystem to make Malaysia the preferred investment destination for technology related to electric mobility,” he added.

TESLA first applicant

The entry of TESLA has been facilitated by Miti through the introduction of the BEV Global Leaders initiative, which aims to help boost BEV demand in the local market and further promote the development of the entire ecosystem to support BEV adoption.

"In addition, the initiative seeks to secure investments from leading global BEV manufacturing companies in Malaysia. Tesla is the first applicant of this initiative by Miti,” the ministry said. - Bernama

izoklse

5,272 posts

Posted by izoklse > 2023-03-01 20:02 | Report Abuse

ACE-Market listed Genetec proposes transfer to Main Market

https://www.theedgemarkets.com/node/657379

izoklse

5,272 posts

Posted by izoklse > 2023-03-01 23:06 | Report Abuse

Strong local E&E ecosystem attracts Tesla to Malaysia — Tengku Zafrul

https://www.theedgemarkets.com/node/657413

VincentTang

1,228 posts

Posted by VincentTang > 2023-03-02 09:07 | Report Abuse

Top up Genetec
GENETEC 建议转至主板上市,这项企业活动预计将于2023年第三季度完成。

Zachzach

1,259 posts

Posted by Zachzach > 2023-03-02 11:18 | Report Abuse

shld we see rm3 today or tomorrow? or next week ?

Posted by phoenixqueen > 2023-03-02 15:22 | Report Abuse

zach zach, we dont see RM 3, we see more

Zachzach

1,259 posts

Posted by Zachzach > 2023-03-02 17:23 | Report Abuse

phoenix : today also highest 2.88 then drop till 2.8...
lucky now 2.82 ...

what do u think tomorrow ?

Zachzach

1,259 posts

Posted by Zachzach > 2023-03-02 17:34 | Report Abuse

with news to be in main market and tesla come to msia..genetec shld fly without dropping..

Posted by phoenixqueen > 2023-03-02 22:10 | Report Abuse

Slowly la zach zach, many ppl stuck at high px, they want to sell so press the px down lo

Posted by StartOfTheBull > 2023-03-02 22:44 | Report Abuse

Tesla is seem lost its competition to BYD. Maybe its planned new product, smartphone can be a game changer for Tesla later.

Zachzach

1,259 posts

Posted by Zachzach > 2023-03-03 08:47 | Report Abuse

here we go on friday again ! lets fly !!

Posted by phoenixqueen > 2023-03-03 11:51 | Report Abuse

haha, huat bo ??

Zachzach

1,259 posts

Posted by Zachzach > 2023-03-03 16:43 | Report Abuse

now stuck 2.89, 2.90 and 2.91...

Posted by phoenixqueen > 2023-03-04 11:06 | Report Abuse

relax relax, don kan cheong

Zachzach

1,259 posts

Posted by Zachzach > 2023-03-06 08:34 | Report Abuse

phoenixqueen
this week can reach 3?

Posted by phoenixqueen > 2023-03-06 08:51 | Report Abuse

zachzach, i dont see 3, i see more ,that's y i said don kan cheong

Posted by phoenixqueen > 2023-03-06 18:19 | Report Abuse

don worry la, y worry everyday

g1kluang

119 posts

Posted by g1kluang > 2023-03-07 09:30 | Report Abuse

just need to break 2.93 only, matter of time. The hype is there

Posted by Genetec A baby step > 2023-03-07 11:35 | Report Abuse

Tom Zhu Reveals Key Details on Tesla's Gen 3 Platform and Future Plans During Investor Day Presentation https://klse1.i3investor.com/blogs/genetec_rm400/2023-03-07-story-h-296412263-Tom_Zhu_Reveals_Key_Details_on_Tesla_s_Gen_3_Platform_and_Future_Plans_.jsp

Zachzach

1,259 posts

Posted by Zachzach > 2023-03-08 08:49 | Report Abuse

monday and tuesday 2.88 !
i see pullback from the chart even bankers still strong...hope im wrong

Posted by Genetec A baby step > 2023-03-08 09:46 |

Post removed.Why?

Posted by Genetec A baby step > 2023-03-08 09:47 |

Post removed.Why?

Posted by phoenixqueen > 2023-03-12 09:35 | Report Abuse

svb bankrupt, will create panic selling on monday ?

Posted by phoenixqueen > 2023-03-12 14:36 | Report Abuse

But if company is not related to svb then will b ok, after panic selling sure will rebound

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