Posted by mf > 2 months ago | Report Abuse

rip

Posted by JJPTR > 2 months ago | Report Abuse

Genetec last cycle of ESOS @11C , while market trading @2.20 was fantastic.
Free , at the expense of the public , about $60m for the directors .
When will the next cycle of ESOS, another $60m for the directors?
Watch out for the proposal announcement

Posted by rojakmee > 2 months ago | Report Abuse

Looks like Bursa will be back to 1400+ , all big funds selling non stop

Posted by EVO118 > 2 months ago | Report Abuse

Went from $2.00 to 0.84. Will take abit more time to recover. They tend to go down faster than they can recover.

Posted by mf > 2 months ago | Report Abuse

U.S. consumer prices rose 0.2% in August with core inflation higher than expected

Posted by Good123 > 2 months ago | Report Abuse

Aaron Chen ada genetec, seal, tsa dll

Posted by WMY2188 > 2 months ago | Report Abuse

Follow Aaron Chen

Posted by Willtolive > 2 months ago | Report Abuse

epf left the group

Posted by MorningGlory123 > 2 months ago | Report Abuse

I had found out the history news on the behind shareholder & directors news

https://theedgemalaysia.com/article/atis-corp-faces-suspension-effective-may-10

Atis Corp faces suspension, effective May 10



https://www.edgeprop.my/content/atis-proposes-capital-repayment-be-delisted

Atis proposes capital repayment, to be delisted



Mr.Chen was former founder of Atis Corp & right now is substantial shareholder of this Geneter


Just to share this information for reference purpose so let the investors more understand and aware more directors background

Posted by Thesaavyone > 2 months ago | Report Abuse

Aaron Chen is a conman. Watch what he is doing with SEAL. Everyone will get burnt eventually. Do your research. Don’t waste time with this con job. The authorities should apprehend cheaters like him. Your money is better invested elsewhere with good fundamentals.

Posted by Income > 2 months ago | Report Abuse

Where's Kim?

Posted by Income > 2 months ago | Report Abuse

Kim reading tea Leaves

Posted by Eagle77 > 2 months ago | Report Abuse

HANCUR 0.50 ⬇️🩸coming

Posted by 8dragon > 2 months ago | Report Abuse

Next week you can easily buy @ 0.70 sen...No hurry here

Posted by EVO118 > 2 months ago | Report Abuse

You need abit of action like this.

Posted by EVO118 > 2 months ago | Report Abuse

Good volume, will be interesting on Monday

Posted by EVO118 > 2 months ago | Report Abuse

Have a happy Malaysia Day.

Posted by EVO118 > 2 months ago | Report Abuse

Hope some of you will be celebrating with some lobster meals!

Posted by Chung > 2 months ago | Report Abuse

Genetec 股票上涨很多股神和股仙都放假了。🤣🤣🤣想看多一点留言都很难。

Posted by Chung > 2 months ago | Report Abuse

美国周五宣布对价值数十亿美元的中国商品加征关
税，其中多项新税率将于
本月27日生效，包括课征
中国制电动车100%、电动
车电池25%的关税税率。對'Genetec是好事嗎?😂😂😂

Posted by nakata > 2 months ago | Report Abuse

@Thesaavyone, could you please enlighten more detail on SEAL issue that Aaron Chen did ? i thought he brought up the share price substantially ?

Posted by Chung > 2 months ago | Report Abuse

是不是'Genetec又下跌了.不聽股神股仙股的话吃亏在眼前😁😁😁

Posted by SinGor > 2 months ago | Report Abuse

A well executed Trap always awesome to watch

Posted by Good123 > 2 months ago | Report Abuse

Genetec Technology Berhad (Genetec) may be perceived as undervalued for several reasons, depending on how the market views its future potential and current fundamentals. Here's a breakdown of potential causes:

1. Market Overreaction to Short-Term Issues:

Volatility in the EV sector: Given its exposure to the electric vehicle (EV) industry, short-term challenges like supply chain disruptions, fluctuating raw material costs, or delays in EV adoption might lead to temporary market pessimism, causing its stock price to drop.

Macroeconomic Concerns: Inflation, interest rate hikes, or global economic slowdown can affect market sentiment, leading to an undervaluation even when the company's fundamentals remain solid.


2. Misalignment with Long-Term Growth Potential:

Future Growth Overlooked: Genetec is positioned to benefit from the growth in EVs, energy storage, and industrial automation. If the market is too focused on short-term risks, it may not fully account for Genetec’s long-term prospects, causing the stock to be undervalued.

Innovative Technologies: Investors might underestimate Genetec’s R&D and technology development, especially in fast-growing industries like automation and energy storage. If these future innovations are not priced in, the stock might appear undervalued.


3. Undervalued Based on Financial Metrics:

Low Price-to-Earnings (P/E) Ratio: If Genetec’s P/E ratio is low compared to industry peers, it could signal that the market is not accurately pricing its earnings potential. This can happen if the market is overly cautious or skeptical of future earnings growth.

Strong Financials: If Genetec has strong balance sheets (e.g., low debt, good cash flow, and profitability), but its stock price is lagging, it might indicate the market is not reflecting its solid financial health in its valuation.


4. Lack of Visibility or Market Awareness:

Niche Industry: Sometimes, smaller or niche companies like Genetec may not get the same market attention as larger, more visible players. Limited analyst coverage or low institutional investor interest can result in lower trading volumes, keeping the stock undervalued.

Underappreciated Sector: If the sectors Genetec is involved in (automation, EV, energy storage) are not in the spotlight, the market may undervalue their future growth potential.


5. Temporary Earnings Fluctuations:

Cyclical Nature of Earnings: Genetec might experience periods of fluctuating earnings due to the cyclical nature of the industries it serves. Temporary dips in earnings may cause the stock to appear undervalued, even though the company's long-term outlook remains strong.


6. Broad Market Sentiment and Investor Fear:

Broader Market Declines: If the overall market or the tech sector has seen a general decline, companies like Genetec may experience falling stock prices that don't reflect their true intrinsic value.

Investor Skepticism: If investors are overly cautious about the future of tech-related or automation sectors due to macroeconomic issues, even high-potential companies like Genetec could be undervalued.


In conclusion, Genetec might be undervalued if the market underestimates its long-term potential, overreacts to short-term headwinds, or overlooks the strength of its financial position. Investing in undervalued stocks like Genetec can present an opportunity if you believe the company's fundamentals and growth outlook are stronger than the market currently prices in.

Posted by Good123 > 2 months ago | Report Abuse

Last Price

0.815

Avg Target Price

3.60

Upside/Downside

+2.785 (341.72%)
Price Call

Posted by Good123 > 2 months ago | Report Abuse

Genetec Technology Berhad could potentially rebound due to several factors that may drive its stock price or financial performance upwards. Here are some key reasons why a rebound might occur:

1. Growth in the Electric Vehicle (EV) Market

Key Player in EV Sector: Genetec’s involvement in automation solutions for the EV industry positions it well to benefit from the global shift toward electric mobility. As the demand for EVs grows, Genetec could see increased orders from major EV manufacturers.

Government Policies and Incentives: Many countries are setting ambitious targets to phase out internal combustion engines, which can spur EV growth and indirectly benefit companies like Genetec that supply the industry.


2. Diversification of Business Segments

Expansion into Multiple Sectors: Besides EVs, Genetec has expanded its footprint in sectors like energy storage, healthcare automation, and industrial automation. This diversification reduces reliance on any single industry and can contribute to growth across various segments.

New Projects and Contracts: Winning new contracts or entering partnerships across industries could boost revenue and investor confidence, sparking a rebound in the stock price.


3. Technological Advancements and R&D

Innovation in Automation: As companies increasingly adopt automation for efficiency, Genetec's R&D investments in advanced technology could yield breakthroughs, attracting new clients and increasing demand for its solutions.

Energy Storage and Renewable Energy: With the push for renewable energy sources and the need for energy storage systems, Genetec's involvement in these technologies could open up new growth opportunities.


4. Favorable Financial Performance

Improved Earnings Reports: If Genetec demonstrates strong earnings growth or beats market expectations in its quarterly results, it could lead to positive sentiment and drive a stock price rebound.

Cost Management and Profit Margins: Effective cost management and improved profit margins can enhance the company’s financial health, making it more attractive to investors.


5. Strategic Partnerships and Acquisitions

Partnerships with Industry Leaders: Collaborating with major players in the EV, energy storage, or automation sectors could provide Genetec with increased visibility and access to larger contracts. These strategic alliances can strengthen its market position.

Potential Acquisitions: If Genetec pursues acquisitions of complementary companies, it could enhance its capabilities and market reach, fueling growth and a potential stock rebound.


6. Improved Market Sentiment

Global Economic Recovery: If global economic conditions stabilize and supply chain issues resolve, investor confidence in technology and manufacturing sectors could improve, lifting Genetec's stock price.

Tech Sector Momentum: As broader tech sectors or automation industries recover, investors might seek growth opportunities in companies like Genetec, driving its stock higher.


7. Undervaluation Correction

Correction from Undervaluation: If Genetec is currently undervalued (as you mentioned), once investors recognize its potential and growth prospects, the market may correct this undervaluation, leading to a price rebound.

Analyst Upgrades: If analysts begin to view Genetec’s stock more favorably, upgrading their ratings or price targets, it can attract new investors, pushing the stock higher.


8. Increased Demand for Automation

Post-Pandemic Shift to Automation: As industries across the globe continue to invest in automation to improve operational efficiency, Genetec stands to benefit. The increased demand for its products and services can boost revenue and lead to a stronger financial outlook.

Industry 4.0 and Smart Factories: Genetec's solutions align with the growing trend of smart factories and Industry 4.0. As more companies adopt advanced automation technologies, Genetec’s revenue could surge, contributing to a stock rebound.


9. Positive Regulatory Environment

Government Support for Automation and Green Technologies: Many governments are supporting green technologies, automation, and advanced manufacturing as part of their economic growth strategies. Favorable regulations and incentives can enhance Genetec's market opportunities.


10. Resilient Business Model

Sustainability of Business Model: Genetec’s focus on high-growth industries like EVs and automation could make its business model resilient to market fluctuations. As global demand in these sectors grows, Genetec is well-positioned to capitalize on this demand and drive long-term growth.


In conclusion, Genetec could rebound due to its strong positioning in high-growth industries, innovation in automation, diversification of revenue streams, and favorable market conditions. A combination of improved financial performance, strategic partnerships, and the global shift toward green technologies could spark a recovery in its stock price.

Posted by Good123 > 2 months ago | Report Abuse

Deciding whether it’s the right time to invest in Genetec Technology Berhad depends on several factors, especially if you believe in its long-term growth potential. Here are some considerations that might help you determine if now is a good time to invest:

1. Valuation and Price Levels

Undervalued Position: If Genetec is currently undervalued (e.g., low price-to-earnings (P/E) ratio compared to peers), it could be an opportunity to invest before the market corrects its price. This could lead to gains when the stock price rebounds as more investors recognize its potential.

Historical Price Trends: Assess its historical price trends to determine if it’s trading at a discount compared to its historical averages. If the stock is trading near recent lows, it could represent a buying opportunity.


2. Industry Growth and Market Timing

EV and Automation Growth: If you believe that the electric vehicle (EV), energy storage, and automation sectors are set for long-term growth, Genetec is well-positioned to benefit. If you have confidence in these industries’ future prospects, investing early before these sectors experience massive expansion could be advantageous.

Government Policies and Green Initiatives: With global and national governments pushing for greener technology, such as electric vehicles and energy efficiency, companies like Genetec could see a strong demand surge. Investing now, while these sectors are on the rise, could be a strategic move.


3. Financial Health and Earnings Outlook

Strong Financials: Review the company’s financial health. If Genetec has demonstrated consistent revenue growth, profitability, and manageable debt, this suggests a solid foundation for future performance. If earnings forecasts are positive, it may indicate that the company is on track for further growth, making it a favorable time to invest.

Upcoming Earnings Reports: Pay attention to upcoming earnings announcements or financial results. Positive earnings could drive stock prices higher, so investing before such announcements may allow you to capitalize on any positive market reaction.


4. Broader Market Conditions

Economic Recovery: If the global economy is stabilizing or improving after recent turbulence (e.g., post-pandemic recovery), it might create favorable conditions for tech and automation companies like Genetec. However, if macroeconomic concerns (like inflation or interest rates) continue to impact markets, it may introduce more volatility.

Market Sentiment Toward Tech Stocks: If there is renewed investor interest in technology or automation stocks, Genetec’s stock price could benefit from this broader trend. Entering the market early before a widespread rally could offer good upside potential.


5. Risk Tolerance and Investment Horizon

Long-Term Horizon: If you’re a long-term investor, this could be a good time to invest, especially if you believe in Genetec’s ability to capitalize on EV and automation growth over the next several years. In this case, short-term volatility might be less of a concern.

Risk Factors: Consider potential risks, such as industry-specific challenges (supply chain issues, EV adoption delays) or broader market risks (inflation, interest rate hikes). Ensure that your risk tolerance aligns with the potential for short-term fluctuations.


6. Analyst Sentiment and Recommendations

Positive Analyst Coverage: If analysts are bullish on Genetec’s future, with strong recommendations or upgraded price targets, it might suggest that now is a favorable time to buy. Analyst ratings can provide insight into the company’s outlook and whether they believe it is currently undervalued.


7. Company Developments and News

Recent or Upcoming Contracts: Any recent or upcoming announcements regarding new contracts, partnerships, or innovations could serve as catalysts for stock price appreciation. If Genetec secures significant deals or enters new markets, investing ahead of such news could lead to gains.


Conclusion

If you believe in Genetec’s long-term growth potential, especially in industries like EV, energy storage, and automation, it could be a good time to invest while the stock is undervalued or trading at favorable price levels. You may want to consider your investment horizon, market sentiment, and broader economic conditions when making your decision.

It’s important to do thorough research and consider diversifying your portfolio to manage risks. If you believe Genetec's fundamentals are strong and the sectors it operates in will continue to grow, this could present a solid investment opportunity.

Posted by Good123 > 2 months ago | Report Abuse

It will rebound, believe Aaron Chen

Posted by Good123 > 2 months ago | Report Abuse

Genetec's directors are considered superb due to their visionary leadership in positioning the company in high-growth sectors like electric vehicles (EV), energy storage, and automation. They focus on innovation through R&D, have built strategic partnerships, and emphasize strong financial management. Their forward-thinking, long-term strategy, commitment to good corporate governance, and successful diversification across industries contribute to the company’s resilience and growth potential.

Posted by Good123 > 2 months ago | Report Abuse

Above RM1 b4 Oct 1 fingers crossed

Posted by Good123 > 2 months ago | Report Abuse

According to analysts, GENETEC price target is 3.00 MYR with a max estimate of 4.50 MYR and a min estimate of 1.50 MYR. Check if this forecast comes true in a year, meanwhile watch GENETEC TECHNOLOGY BERHAD stock price chart and keep track of the current situation with GENETEC news and stock market news.
https://www.tradingview.com › for...
GENETEC Forecast — Price Target — Prediction for 2025 - TradingView

Posted by Good123 > 2 months ago | Report Abuse

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.

Posted by Good123 > 2 months ago | Report Abuse

Ownership
Mutual Funds that own it.
Name Shares Held % Shares Out Change In Shares % of Assets As of Date
Principal DALI Equity Growth Fund 17968100 2.32% 17968100 2.79% 11/30/23
Principal DALI Asia Pacific Equity Growth Fund 7417900 0.96% 0 1.15% 04/30/24
Prulink Strategic Fund 6549600 0.85% 6549600 0.22% 12/31/23
Kenanga OneAnswer Invt. Funds - Shariah Growth Opportunities 5900100 0.76% 5900100 0.81% 11/30/23
Kenanga Growth Fund 5414600 0.70% 5414600 0.67% 11/30/23
Principal DALI Equity Fund 5095900 0.66% 5095900 1.84% 11/30/23
Principal Malaysia Titans Fund 4539100 0.59% 0 3.04% 12/31/23
Principal Malaysia Titans Plus Fund 2952500 0.38% -103000 2.22% 04/30/24
Principal Islamic Lifetime Balanced Fund 2397100 0.31% 0 0.77% 03/31/24
Kenanga Syariah Growth Fund 2224900 0.29% 2224900 0.65% 11/30/23
collapse
Institutions that own 0104
Name Shares Held % Shares Out Change In Shares % of Assets As of Date
Hong Leong Asset Management Bhd. 38895000 5.14% 38695000 100.00% 07/24/23
Principal Asset Management Bhd. 36193700 4.78% 36193700 100.00% 07/24/23
Kenanga Islamic Investors Bhd. 8125000 1.05% 7896300 3.64% 11/30/23
AHAM Asset Management Bhd. 5707100 0.75% 5707100 100.00% 07/24/23
Eastspring Investments Bhd. 5564700 0.74% 5046300 100.00% 07/24/23
Norges Bank Investment Management 4825816 0.62% 4825816 0.00% 12/31/23
UBS Asset Management (Singapore) Ltd. 4488829 0.58% -889100 0.02% 04/30/24
Eastspring Al-Wara' Investments Bhd. 2595800 0.33% 604800 1.19% 03/31/24
Kenanga Investors Bhd. 2052200 0.26% 1713200 1.42% 04/30/24
Areca Capital Sdn. Bhd. 2022700 0.26% 222700 2.48% 03/31/24

Posted by Good123 > 2 months ago | Report Abuse

The target price for Genetec Technology Berhad varies among analysts. According to recent market analyses, the target prices range from RM2.50 to RM3.00 per share. The stock has shown fluctuations, but it's considered undervalued due to its strong fundamentals, potential in high-growth sectors, and long-term positioning in industrial machinery and automation solutions.

Investors considering Genetec might view this period as an opportunity, especially with the belief in its leadership and future growth trajectory, despite the current market conditions.

Posted by Good123 > 2 months ago | Report Abuse

Many institutional investors are drawn to Genetec Technology Berhad due to several compelling reasons:

1. High-Growth Sectors

Genetec operates in rapidly expanding industries like electric vehicles (EV), energy storage, and automation. These sectors are projected to grow significantly, driven by global trends in sustainability and technological innovation. Institutional investors often target companies in high-growth industries for long-term returns.

2. Strong Financial Performance

Genetec has demonstrated strong financial results, with consistent revenue growth and profitability. This financial stability makes it an attractive investment for institutional investors looking for reliable companies that can weather market volatility.

3. Leadership and Strategic Vision

Genetec’s leadership is seen as strong and forward-thinking, with a focus on innovation and expansion into new markets. Institutional investors are typically attracted to companies with a clear strategic vision and competent management.

4. Undervalued Stock Potential

Many institutional investors may believe that Genetec is undervalued based on its future earnings potential, creating an opportunity to invest at a lower price before the broader market realizes the company’s full value.

5. ESG and Sustainability Focus

With increased attention on environmental, social, and governance (ESG) factors, Genetec’s involvement in green technology and the EV industry aligns with the sustainability goals of many institutional investors. These sectors are receiving more attention as investors prioritize companies that contribute to a sustainable future.

6. Diversification and Risk Mitigation

Institutional investors often seek companies that offer diversification across industries and markets. Genetec's expansion into multiple sectors, including healthcare and industrial automation, helps mitigate risks associated with any single industry, making it an appealing investment choice.

In summary, Genetec’s position in high-growth industries, strong financials, strategic leadership, and sustainability focus make it attractive to institutional investors who are looking for long-term, stable, and potentially high-return investments.

Posted by Good123 > 2 months ago | Report Abuse

The potential launch of electric vehicles (EVs) by Proton and Perodua would likely benefit companies like Genetec Technology Berhad, which is heavily involved in industries like automation and electric vehicle solutions. Here’s how it could help:

1. Increased Demand for EV Manufacturing Solutions

Proton and Perodua launching EVs would lead to greater demand for EV manufacturing technologies and infrastructure in Malaysia. Genetec, which provides automation solutions for EV production, could see an increase in orders and contracts to support the local automotive industry’s shift towards EVs.

2. Boost to the Local EV Ecosystem

The success of Proton and Perodua’s EVs would contribute to the growth of the EV ecosystem in Malaysia, including charging infrastructure, battery manufacturing, and local suppliers. This growth would provide Genetec with more opportunities to expand its footprint in the EV supply chain.

3. Government Incentives and Support

If Proton and Perodua successfully launch EVs, it may prompt further government incentives or subsidies to support the EV sector. This would increase investments in local manufacturing and R&D, benefiting companies like Genetec that operate in this space.

4. Enhanced Investor Confidence

The local automotive industry's move towards EVs could attract more attention from investors to companies that are part of the EV supply chain. This would likely increase institutional and retail interest in Genetec as a key player in automation and EV manufacturing.

Overall, Proton and Perodua’s entry into the EV market would be a significant catalyst for the Malaysian EV industry and would create more opportunities for Genetec to capitalize on this growth.

Posted by Good123 > 2 months ago | Report Abuse

Despite the recent EV demand slowdown, CGSI Research said Genetec’s order book outlook remains intact as its EV customer continues to push forward on capacity expansion for new 4680 battery cell technology that caters to both standard and large-sized EVs.

Genetec had built a solid foundation and strong track record as a key automation solutions provider with the EV customer since 2021. The group is well-positioned to secure further automation works related to re-tooling, design, and upgrade of existing lines, as well as expansion of the new production lines for new EV models.

“We believe this could drive the growth in Genetec’s order book size, which stood at about RM250mil at March 2024.

“Recent concerns over EV demand slowdown may have minimal impact on the current expansion trajectory of the EV customer, in our opinion, given the structural demand adoption of EVs.

“On Bess, management guided that the tender outcome for the 400MWh supply project in Sabah will be announced soon. This could be a key milestone for the group, in our view, as it also plans to participate in tenders of more than 2GWh worth of Bess supply contracts over the next 12 months, in tandem with the rollout of large-scale renewable energy and grid enhancement projects in Malaysia.”

CGSI Research noted that Genetec expects to be onboarded as a key automation solutions supplier for a US-based aviation customer, diversifying its clientele base and broadening growth in a new sector.

Despite its bullishness on Genetec, CGSI Research has lowered its earnings per share forecast for the financial year 2024 by 4% due to a lower Bess capacity sale assumption of 15MWh versus 40MWh previously, on lengthened award timelines.

However, it kept the FY25 and FY26 forecasts unchanged, with FY25 and FY26 Bess sale capacity kept at 120MWh/160MWh, and Bess average selling price at RM900,000 to RM1mil per MWh.

Posted by Good123 > 2 months ago | Report Abuse

Genetec, in the opinion of CGS International (CGSI) Research, has solid growth prospects at fair prices.

In a note, the research house stated that Genetec's most recent positive guidance on electric vehicle (EV) and battery energy storage system (Bess) orderbook outlook reaffirmed its "add" recommendation.

Posted by Good123 > 2 months ago | Report Abuse

Long term investors& institutional investors sapu je :)

Posted by Good123 > 2 months ago | Report Abuse

Up trend anytime. Shortselling allowed but less than rm100k in value.

Posted by Good123 > 2 months ago | Report Abuse

Look at idss value, you know the time to rebound has come hehe

Posted by Good123 > 2 months ago | Report Abuse

“Genetec’s performance demonstrates a healthy momentum predominantly supported by its EV and energy storage segments, which are expected to remain primary contributors to the group’s revenue in the coming quarters,” the group said.

Posted by Good123 > 2 months ago | Report Abuse

Genetec Technology Bhd anticipates increasing demand for its automation and energy storage solutions as customers continue to execute their production plans.

The tech company said securing recurring orders in the electric vehicle (EV) and energy storage segments are expected to anchor Genetec’s earning prospects in the coming quarters.

“Expectations are that revenue will be further complemented by potential opportunities in the new and other product divisions of the existing customers😉

Posted by Good123 > 2 months ago | Report Abuse

Genetec expects continued strong earnings amid increasing demand for its automation and energy storage solutions.

"Securing recurring orders in the electric vehicle and energy storage segments are expected to anchor Genetec’s earning prospects in the coming quarters. Expectations are that revenue will be further complemented by potential opportunities in the new and other product divisions of the existing customers😍

Posted by Good123 > 2 months ago | Report Abuse

Genetec co-founder and managing director Chin Kem Weng said the company is actively looking to diversify its revenue sources to cater to different areas within automotive manufacturing.

"As our revenues normalize over time, we are focusing on increasing cost efficiencies from recurring orders while ensuring quality delivery across all our projects."

Posted by Good123 > 2 months ago | Report Abuse

Genetec Technology Bhd anticipates increased demand for its automation and energy storage solutions as customers continue to carry out their production plans.
The tech company stated that recurring orders in the electric vehicle (EV) and energy storage segments are expected to anchor Genetec's earnings prospects in the coming quarters.

"Expectations are that revenue will be further complemented by potential opportunities in the new and other product divisions of our existing customers.

Posted by Good123 > 2 months ago | Report Abuse

CIMB Analysis: Genetec Maintains Growth Trajectory - Strong Buy Recommendation at RM3.60
Date:
2024-02-29
Firm:
CIMB
Stock:
GENETEC
Price Target:
3.60
Price Call:
BUY
Last Price:
0.81
Upside/Downside:
+2.79 (344.44%)

Posted by Good123 > 2 months ago | Report Abuse

Aaron Chen Khai Voon: A Prominent Figure in Malaysian Business
Aaron Chen Khai Voon is a prominent figure in the Malaysian business landscape, known for his involvement in various industries, particularly technology and property development. He has made significant contributions to the country's economic growth through his entrepreneurial ventures.
Key Points About Aaron Chen Khai Voon:
* Genetec Co-Founder: Chen is one of the co-founders of Genetec Technology Bhd, a leading global provider of unified IP security solutions.
* Seal Incorporated Shareholder: He has a substantial stake in Seal Incorporated Bhd, a property development company.
* Diversified Investments: Chen's interests extend beyond technology and property, with investments in other sectors.
* Business Acumen: His strategic thinking and business acumen have contributed to the success of his ventures.

Posted by Good123 > 2 months ago | Report Abuse

The Potential of Genetec Technology
Genetec Technology Bhd is a Malaysian company specializing in automation solutions, particularly for the automotive and electric vehicle (EV) industries. Its potential lies in the following areas:
* Growing EV Market: As the global demand for EVs continues to rise, Genetec's expertise in automation solutions for EV production lines becomes increasingly valuable.
* Expanding Customer Base: Genetec has been successful in securing large-scale projects with key automotive and EV manufacturers. This provides a strong foundation for future growth and potential diversification into other industries.
* Energy Storage Solutions: The company is also involved in the energy storage segment, offering battery energy storage systems (BESS) for grid stability and renewable energy integration. This presents additional growth opportunities as the demand for clean energy solutions increases.
* Technological Advancements: Genetec's focus on research and development allows it to stay at the forefront of automation technology. This enables the company to offer innovative solutions that improve efficiency, quality, and cost-effectiveness for its customers.
* Geographical Expansion: While Genetec has a strong presence in Malaysia, there is potential for further growth through international expansion. The company's expertise in automation and energy storage can be valuable in other markets with similar needs.
Overall, Genetec Technology's potential is driven by the growing demand for automation solutions, particularly in the automotive and EV industries, as well as the increasing focus on clean energy and sustainable practices.

Posted by Good123 > 2 months ago | Report Abuse

Genetec Technology Bhd typically pays dividends to shareholders to distribute a portion of its profits. This practice is common among publicly traded companies and can have several benefits:
* Rewarding Shareholders: Dividends offer a tangible return on investment for shareholders, which can be especially appealing for long-term investors.
* Financial Health Signal: A consistent dividend payout can be seen as a positive sign of a company's financial health and stability. It suggests that the company is generating sufficient profits to cover its operating expenses and still have resources to distribute to shareholders.
* Attracting Investors: A dividend-paying company can be more attractive to certain investors, particularly those seeking regular income. This can increase demand for the company's shares, potentially driving up the stock price.
* Corporate Governance: Dividend payments can encourage good corporate governance as companies may be more motivated to maximize shareholder value.