I had commented long ago when it was above rm2.50 but very few ppl takes time to study and notice the issue with this company. Hope they learn not to criticize but listen and do their own analysis. --------------------------------------------------------------------------------------------------------------------------------------------------------- Stock: [GENETEC]: GENETEC TECHNOLOGY BERHAD
2022-01-13 09:30 | Report Abuse
@Loh Kok Wai W
Do take a step back and analyse what you commented.
Glove is a long term need for major healthcare industry. The fact that it has a massive rally last year is due a ONE OFF pandemic effects and this type of pandemic of this magnitude is once in 100 years. Thereafter, it will fall back as demand reduces + spot prices not required and ASP drops back to pre-pandemic level.
Tech on the other hand depends on the company's innovation and technical know how. Many tech companies do fail if they do not innovate and the tech growth into more complex offerings for customers.
Can't really say much about Genetec as it's massive really is merely a EV theme play. For Genetec to continue to stay at this price and grow, will really depends on the orderbook that EV and car manufacturers looking for EV factory automation line assembly equipments. So far, not replenishment of order book since June 2021, high probability, this counter may be just another fad.
Someone said will drop until 20cents 40 cents lah bla bla ...a year profit 68 millions why don't you comment this share will capital reduction lah 10 to 1 or 20 to 1 . if i did not hold or buy this counter just don't understand why i should write rubbish here.
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....
Kim
4,256 posts
Posted by Kim > 3 weeks ago | Report Abuse
Going to sapu 1.10
Watch n see