Posted by hotjazz > 1 month ago | Report Abuse

They still payout dividend first time since 2019 is a surprise.

Posted by 8dragon > 1 month ago | Report Abuse

2 sen dividend payout is great...

Posted by learnbyheart > 1 month ago | Report Abuse

Wow..many sour grapes after dividend announcement hahaha

Posted by StreetAnalyst > 1 month ago | Report Abuse

I’ve been waiting this day since Oct 31, 2021.

Posted by Hotstuff > 1 month ago |

Post removed.Why?

Posted by Kim > 1 month ago | Report Abuse

Jadi Penny?
Hahaha.. dont dream and drive lah.
Wont be penny stock. Going push up from today.

Dream and keep dream those want RM1 below.
Kikikiki

Posted by Kim > 1 month ago | Report Abuse

BUY NOW =)

Posted by 8dragon > 1 month ago | Report Abuse

Wait for the price to fall to 0.80 then buy...

Posted by Kim > 1 month ago | Report Abuse

Wait lah 80 sen.
If hit i wont be here anymore =_

1 black horse coming. Wait you at RM1.20 to RM1.50

Lets fly RM1.10+ first

Posted by Kim > 1 month ago | Report Abuse

Mari2..
Wanna fly hehehehe

Posted by Kim > 1 month ago | Report Abuse

Dont regret later =)
Push it

Posted by 8dragon > 1 month ago | Report Abuse

Why buy now if you can get it lower soon....

Posted by Kim > 1 month ago | Report Abuse

Lets fly
kikikiki

Wait and dream la lower 80 sen u want. Its ok

Now i want bomb it.

Posted by Income > 1 month ago | Report Abuse

Who’s cooking 🍳 here?
Bo kia si ahhhh

Posted by Kim > 1 month ago | Report Abuse

Wait ACCM and absorb 1.04 first.
To breach 1.06 shortly =)

Posted by 8dragon > 1 month ago | Report Abuse

Today will close below 1.00...long week end to celebrate merdeka day.

Posted by Apple2353 > 1 month ago | Report Abuse

Where got long weekend.. same Saturday and Sunday only.. Monday not PH..

Posted by Windy1974 > 1 month ago | Report Abuse

Genetec's chart very nice. The dump only starts to gain volume so expect lower target price. I say 0.50 can consider

Posted by Income > 1 month ago | Report Abuse

Kim Jong Un said yesterday,

Posted by Kim > Aug 29, 2024 4:33 PM | Report Abuse

Dont want? No cheap tomorrow
Kikiki




Kim Jong Un said Today,

Posted by Kim > Aug 30, 2024 11:22 AM | Report Abuse

Lets fly
kikikiki

Wait and dream la lower 80 sen u want. Its ok

Now i want bomb it.


NK Kim Jong Un,
U think Bursa is your father NK stock market ker…
🥸

Posted by Income > 1 month ago | Report Abuse

Kim Jong Un, please last minute SAPU ALL。
Cepat sikit!

Posted by pang72 > 4 weeks ago | Report Abuse

6.6mils shares disposed by epf and boss..
More to. Go

Posted by gooman > 4 weeks ago | Report Abuse

CIMB Securities, one of only three research houses covering the stock, on Friday warned of a 30% decline in Genetec’s earnings for the year ending June 30, 2025 (FY2025) because of delays in new order wins from one of the automotive manufacturers adopting a more cautious approach to capacity expansion.
The research house downgraded the stock to ‘hold’ from ‘buy’ and lowered its target price to RM1.60 from RM3.70.

Posted by gooman > 4 weeks ago | Report Abuse

Fed Favored Inflation Gauge’s Mild Gain Sets Stage for Rate Cut

Core PCE advanced 0.2% in July, in line with expectations
Consumer spending accelerated slightly on car purchases
https://www.bloomberg.com/news/articles/2024-08-30/fed-s-preferred-inflation-metric-rises-mildly-spending-picks-up

Posted by gooman > 4 weeks ago | Report Abuse

Tesla and Intel were up 3.8 percent and almost 10 percent respectively on Friday

Posted by Hotstuff > 4 weeks ago | Report Abuse

If Donald Trump win the next US presidential election genetec will go below 60c. If Kamala Harris win then you will see hope in genetec. 50/50. Place your bet

Posted by gooman > 4 weeks ago | Report Abuse

https://evmarketsreports.com/byd-and-tesla-lead-the-global-ev-market-as-sales-surge-in-2024/

Posted by Thesaavyone > 4 weeks ago | Report Abuse

Announcing dividend as a last ditch effort so that institute investors hold onto this rubbish? Hah. This company has been taking people for a ride by hyping on Tesla’s bullshit as well. Nothing lasts forever. The one client they have is struggling now that the market sees past its hype. Numbers don’t lie. The founder has been taking his profits out of this sinking ship, while story telling the market to hodl. Do your own due d and research. It’s his modus operandi given what he has done in the past. Take away that Tesla hoolabaloo and what’s left for the company? Nothing of significance. This stock ain’t worth 1/10 what it is today. Enjoy the ride!

Posted by nasilemaktelur > 4 weeks ago | Report Abuse

owner selling
EPF trading out
only small fry like me keep averaging
should have just cut at 1.40 instead i go average at 1.40
someone said sour? my average now 1.80, yes lost 80 cent per share i sour like chewing whole lemon

Posted by sniper123 > 4 weeks ago | Report Abuse

Not only the managing director took the minority shareholders for a ride but he also hoodwinked all the various funds that invested in genetec. As early as Q1 he already was planning for a LTIP while CIMB was still still promoting the share with tp RM3.60 and he subtly started disposing his shares as early as Mar 2024. In the recent EGM held on 29/8/2024 the BOD approved the LTIP. Rumor has it that it'll be priced at not more than 40sen. What the MD sold assuming he sold yesterday @RM1.00, he can now buy back 2.5x the qty he disposed since early tis year at a much lower price via LTIP.

Posted by ivanlau > 4 weeks ago | Report Abuse

If based on forward eps 6x 15pe, the fair value only 0.90 , today closing 1.00 ........ let us wait and c what will happen .

Posted by Ravi1969 > 4 weeks ago | Report Abuse

Remember this share skyrocketed to RM 20++ closer to 30

Posted by sniper123 > 4 weeks ago | Report Abuse

genetec hit RM20.00+ when Tesla was the biggest and prima donna in the ev industry. And d sp of Tesla ATH was RM800.00 +.
Where is tesla today???

Posted by DividendGuy67 > 4 weeks ago | Report Abuse

The share price has crashed 74% from the high 3 years ago. Clear blood in the streets. Still a falling knife.

Question is has GENETEC business model permanently broken? If not, this could be an opportunity. I think nobody knows the real answer.

But the reward to risk payoffs look good.

So, the logical action is to bet small so that if it doesn't pan out, it doesn't matter, but if it does pan out, then , this one win will offset. The key is small constant bets in similar situations.

The risks are real, the recovery power weaker than say PBBANK or S&P500. For maximum benefits, need to hold out for at least 2-3 years after it finds bottom. Right now still no bottom yet.

I blogged about it here - https://klse.i3investor.com/web/blog/detail/DividendGuy67/2024-08-31-story-h468115071-GENETEC_Blood_on_the_Streets.

Posted by ocbc > 4 weeks ago | Report Abuse

EV demand confirm drop after Korean incidents .

Posted by sniper123 > 4 weeks ago | Report Abuse

Mr dividend thks n no thks. There r better investment grade stks to consider rather than take small bets on genetec n hope against hope. Anyway all the best n good luck.

Posted by DividendGuy67 > 4 weeks ago | Report Abuse

Hi sniper, I certainly agree there are better investment grade stocks, most of my portfolio are like this. One of the big problems I have with GENETEC is why it didn't guide its earnings better, and explain better why its EPS YoY dropped to 1.32 sen or 42% fall. Instead, it took the lazy approach, and dismiss saying it changed its reporting period to cover 15 months. Investors should rightly sell when the company is so lazy!

And look at the explanation for the lower QoQ. "Revenue of the Group decreased by RM19.0 million or 27.0% to RM51.5 million for the current quarter under review as compared to RM70.5 million recorded in the preceding quarter ended 31 March 2024. The Group recorded a profit before taxation of RM7.6 million, a decrease of RM11.5 million or 60.2% as compared to a profit before taxation of RM19.1 million for the immediate preceding
quarter. The decrease in profit before taxation was mainly due to lower revenue recorded.". ---> That's basically saying the obvious.

And look at the low quality narrative under "Prospect" - "PROSPECT. For the financial period under review, the Group continues to deliver stable performance in a high-interest rate environment and against a moderately soft economic backdrop worldwide.
The Group remains positive but is cautious as we see major industry players in the automotive
industry taking the monitoring approach, primarily caused by policy uncertainty as a result of
the U.S. Presidential election coming November 2024, macroeconomic uncertainties including
inflation and interest rates policies and global geopolitical environment. The Group expect more
certainty in the industry after the U.S. Presidential Election.
As a business, Genetec has weathered various economic cycles since its inception in 1997 and
have always come out stronger. Under the current business environment, our team continues
to be on the ground in our client’s facilities, busy supporting our clients with their improvement
initiatives and new developments, as our clients focuses on improving yields for long term
production efficiency. As a pioneer in specialised automated assembly line manufacturer, our
team is working closely with our clients on conceptualising the manufacturing process, to
automate most of the currently labour-intensive processes. We see huge opportunity when our
clients start to ramp up production to meet demand. Further, retaining and growing our share
of wallet with long-term clients has and continues to remain a priority as we look for opportunity
to broaden our product offering.
At the same time, it remains the Group’s strategy to broaden our clientele base and product
offering. We are always in the lookout for new opportunities in new industries and new markets.
The Group continues to focus on retaining talent – to retain the experience and technical
expertise of our people. The Group recognises that Genetec’s strength lies with our people and
we take this seriously as the Group continue to invest in our people - to train, retain, and reward
our team. "

So, if investors have high fundamental expectations on the stock, I agree they should sell. 😁

Posted by raymondroy > 4 weeks ago | Report Abuse

Based on last qtr earnings (RM10m profit) and latest price of RM1.00 the PER T4Q is 19x..... so the question is this worth investing in?? Or to top up.... average down etc?
What makes people invest in this scenario as compared to a company that reported profit of RM1b in the last quarter and at its current share price its PER is 10x??
The latter is not a hypothetical scenario but its a REAL scenario, with a blue chip utility company.... but the question still remains? Which would you choose?
The natural instinct is to choose the counter that has a better upside.... better potential.... better growth. This is the question you need to ask yourself and analyse accordingly.... happy hunting.

Posted by Michael Kwok > 3 weeks ago | Report Abuse

Genetec rm 1
Let see next week.can get some or not.if sharp below 90 cents then try to accumulate long term.
2/9/24 12.50am

Posted by SinGor > 3 weeks ago | Report Abuse

Electronics / EMS are cyclical stock ( max 2years cycle --- it turns )

Posted by 8dragon > 3 weeks ago | Report Abuse

Better to accumulate Notion, brighter than Genetec....

Posted by 8dragon > 3 weeks ago | Report Abuse

GENETEC has warned investors from it's share movement that you should avoid buying into this stock. Even major shareholders are quietly disposing their shares...

Posted by Kim > 3 weeks ago | Report Abuse

Sudah chase?

Kikiki

More higher ...

Posted by Kim > 3 weeks ago | Report Abuse

Avoid lah.. Dont dream become PENNY.

RM1.20 first

Posted by Kim > 3 weeks ago | Report Abuse

Easy sapu =)

Posted by Kim > 3 weeks ago | Report Abuse

Panic buy please
Kikikiki

Posted by Kim > 3 weeks ago | Report Abuse

Going to sailang and gila 1.08 will breach.

Posted by Kim > 3 weeks ago | Report Abuse

Later above @1.10

Posted by Kim > 3 weeks ago | Report Abuse

Lets fly =) above @1.10
Kikiki

Posted by learnbyheart > 3 weeks ago | Report Abuse

fuhh kim is the winner..congrats

Posted by Kim > 3 weeks ago | Report Abuse

Last call 1.10.
Vroommmmm =)