GENETEC TECHNOLOGY BERHAD

KLSE (MYR): GENETEC (0104)

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Last Price

1.08

Today's Change

+0.205 (23.43%)

Day's Change

0.875 - 1.09

Trading Volume

107,581,200


16 people like this.

12,404 comment(s). Last comment by investortrader88 8 minutes ago

EVO118

2,153 posts

Posted by EVO118 > 2 months ago | Report Abuse

Good123
Never seen so much postings from you in one day! You are OK, not on steroids.

Good123

26,666 posts

Posted by Good123 > 2 months ago | Report Abuse

Analysts' target prices for Genetec Technology Berhad (GENETEC) vary slightly, but the consensus is around **RM3.60 to RM3.75**¹²³. This represents a significant potential increase from the current trading price.

Good123

26,666 posts

Posted by Good123 > 2 months ago | Report Abuse

Price-To-Earnings ratio (9.7x) is below the MY market (15.3x)
Earnings are forecast to grow 21.95% per year
Earnings grew by 5.2% over the past year
Trading at good value compared to peers and industry

Good123

26,666 posts

Posted by Good123 > 2 months ago | Report Abuse

Price-To-Earnings vs Peers: GENETEC is good value based on its Price-To-Earnings Ratio (9.7x) compared to the peer average (52.3x).

8dragon

2,220 posts

Posted by 8dragon > 2 months ago | Report Abuse

This stock has been on a downtrend for 1 month already....

Chung

585 posts

Posted by Chung > 2 months ago | Report Abuse

Good123
你寫的Genetec分析的很好,讓買了这股票的人安心雖然Genetec股价跌了很多.現在只能等下個涨潮來.

scott88

413 posts

Posted by scott88 > 2 months ago | Report Abuse

自我安慰
明白這句話嗎Kaki gong kaki song

EVO118

2,153 posts

Posted by EVO118 > 2 months ago | Report Abuse

Good123
Analysis & the effort of your research is excellent. However the general market is not taking any notice of what you have posted since this morning. In actual fact it has come down by nearly 7%. Base on your analysis there should be an uptrend. Maybe they have taken into account the possible effect is the slow down of the EV market in the near future due to EU, US & Canadian ridiculous tariff rates that has bouncing around against China. Just have to wait & see or take the risk & probably make good profit if it goes the right way.

EVO118

2,153 posts

Posted by EVO118 > 2 months ago | Report Abuse

It is very misleading to quote past favourable analysis (Feb) considering what has happen within at least the last 2 weeks. Even some of the substantial shareholders have drop off.

Chung

585 posts

Posted by Chung > 2 months ago | Report Abuse

是自我安慰也好,自己講自己爽,人家贏錢不会分给你。人家輸錢乜没幇你借又關你什么事呢?和必做令人讨厌的人?你不認同他的留言就别看他又没拿枪指着叫你買。

Posted by Thesaavyone > 2 months ago | Report Abuse

Trying to bait the gullible ones. Please do your own research and due diligence instead of taking things at face value. Plenty of lap dogs out there.

Good123

26,666 posts

Posted by Good123 > 2 months ago | Report Abuse

Sudden surge above RM1; everyone will praise Aaron again.😉

Good123

26,666 posts

Posted by Good123 > 2 months ago | Report Abuse

Idss is zero, short sellers retreated haha

Good123

26,666 posts

Posted by Good123 > 2 months ago | Report Abuse

Accumulation has started again

newbie9893

2,366 posts

Posted by newbie9893 > 2 months ago | Report Abuse

Big shark will goreng up kaw kaw before market close today....trust me

Good123

26,666 posts

Posted by Good123 > 2 months ago | Report Abuse

Genetec Powers Ahead: CIMB's Top Pick for 2024 in the Green Energy Revolution!

Good123

26,666 posts

Posted by Good123 > 2 months ago | Report Abuse

Genetec Powers Ahead: CIMB's Top Pick for 2024 in the Green Energy Revolution! EV is the future$$$ CIMB has selected Genetec as one of its top picks for the year 2024.



Genetec Technology Bhd, positioned as a key beneficiary of the increasing adoption of green energy, is anticipated to maintain its electric vehicle (EV)-related order book at a minimum of RM200 million throughout FY24-26F, given the ongoing surge in EV adoption.

newbie9893

2,366 posts

Posted by newbie9893 > 2 months ago | Report Abuse

Buying signal appears....sapu kaw kaw

newbie9893

2,366 posts

Posted by newbie9893 > 2 months ago | Report Abuse

last chance to sapu Genetec@0.82, you won't be able to get this price in afternoon section

newbie9893

2,366 posts

Posted by newbie9893 > 2 months ago | Report Abuse

0.835 cleared in one second..go..go..go

Good123

26,666 posts

Posted by Good123 > 2 months ago | Report Abuse

shortselling ceased, IDSS near zero... u know it is time to fly back

Good123

26,666 posts

Posted by Good123 > 2 months ago | Report Abuse

uptrend for genetec... once the buying momentum begins, investors would buy even more

Good123

26,666 posts

Posted by Good123 > 2 months ago | Report Abuse

Up 2 sen today. Short selling has ceased with less than RM1K tramsacted

Good123

26,666 posts

Posted by Good123 > 2 months ago | Report Abuse

Climbing back to rm1++ in stages

Good123

26,666 posts

Posted by Good123 > 2 months ago | Report Abuse

More to come, hurray

Good123

26,666 posts

Posted by Good123 > 2 months ago | Report Abuse

According to a report dated April 2023 by the International Energy Agency (“IEA”), electric car sales in 2022 broke record
and the momentum is expected to continue through the calendar year of 2023. The automotive industry is undergoing
a significant transformation with the rise of electric vehicles (“EV”), and it is becoming a major force in the global energy
economy. National policies and incentives, along with rising concerns on climate change, are expected to further motivate
prospective EV buyers.
In addition, the Moody’s Report (June 2023) noted that the shift towards electric vehicles is gaining momentum. Car makers
have expressed their commitment for fully electric line-up by 2030, and this shift to EVs supports the battery producers at
the expense of internal combustion vehicles.
With net zero emissions and carbon neutrality becoming the centre of attention, the importance of practising green and
low-carbon operations and developing green products has become increasingly prominent. In pursuant to that, the Group
adopted a forward-looking approach and is actively increasing its product portfolio through internal development and
partnerships to capitalise on the secular growth trend in electrification and energy storage.
The Group believes that there is enormous room for growth in the E-mobility and Energy Storage segments for the years
to come. The E-mobility & Energy Storage segments are expected to continue to be a key driver for the Group’s growth in
revenue. The Group will continue to deepen its strategic co-operation with existing key customers from the E-mobility and
Energy Storage segments.
As the world accelerates the renewable energy transition, the global and local opportunities as well as the growth rate for
BESS market are attractive and gaining momentum. In tandem with this global shift, the development of BESS is the Group’s
effort to capture opportunities in the renewable energy space $$$$

Good123

26,666 posts

Posted by Good123 > 2 months ago | Report Abuse

According to the International Energy Agency (December 2021), the global demand for BESS was 19.3 GWh in 2020 and is
projected to reach 157.4 GWh by 2026. Through its in-house project BESS, the Group has the opportunity to leverage its
existing capabilities to participate directly in the global goal of achieving net-zero carbon emissions by 2050. BESS, which is
intended to address and solve challenges in power distribution, storage, scalability, and portability, is a solution which can
bridge industries and companies to renewable energy integration within their business in a cost-effective manner.
By embracing the transition to renewable energy, the Group aims to seize opportunities within the sector by developing
and offering quality, high-tech products such as BESS. With ongoing business development engagements in both the global
and local market for BESS, the Group continues to be optimistic about the progress & development of BESS and has gained
strong traction in extending our technology into this new market segment.
As a leading technology company and supplier of advanced manufacturing solutions, R&D has always been a core to our
long-term strategy to maintain our global market share. As a Group, we are committed to strengthening our technological
expertise in automation solutions, and our R&D team continues to offer innovative solutions to meet evolving customers’
needs. We remain true to this commitment and will continue to invest in R&D to enhance the Group’s technical capabilities
and product quality, including exploring other opportunities and sectors such as BESS to increase strengthen our leadership
position and enhance market share.
Moving forward, the Group will further strengthen and expand its product portfolio in the renewable energy segment,
including BESS, and capitalise on our pioneering position to gain market share. We remain committed to expanding
our customer base, enhancing our technology, promoting and exporting BESS globally, as well as offering investment
opportunities in the renewable energy revolution😎

Good123

26,666 posts

Posted by Good123 > 2 months ago | Report Abuse

Genetec Technology Bhd Company Profile
Genetec Technology Berhad, an investment holding company, designs and manufactures smart automation systems, customized factory automation equipment and integrated systems in Malaysia, Asia, Europe, and North America. It offers assembly, material handling, and in-house machine center solutions; testing and inspection solutions; precision tooling jigs and fixtures; aluminium profiles; and machine parts and tools fabrication services for equipment and replications of systems and equipment. The company serves the e-mobility, energy storage, automotive, hard disk drive, consumer goods, and pharmaceutical industries. Genetec Technology Berhad was incorporated in 1997 and is headquartered in Bandar Baru Bangi, Malaysia.

See Less
Industry
Machinery, Tools, Heavy Vehicles, Trains & Ships
Sector
Industrials
Employees
345
Market
Malaysia
Compare GTCY to Peers and Sector
Value
Quote
Size
Growth
Profit
Metrics to compare
GTCY
Peers
Sector
Relationship
P/E Ratio
9.3x 32.1x 11.1x
PEG Ratio
−2.40 0.02 0.01
Price / Book
1.3x 1.7x 2.4x
Price / LTM Sales
2.3x 3.5x 2.0x
Upside (Analyst Target)
357.3% 33.5% 34.7%

Good123

26,666 posts

Posted by Good123 > 2 months ago | Report Abuse

Price Target
A price target is an analyst's projection of a share's future price.

Average Target Price, Price Call and Upside/Downside here are derived from Price Targets in the past 6 months.

Last Price

0.82

Avg Target Price

3.60

Upside/Downside

+2.78 (339.02%)

Eagle77

7,012 posts

Posted by Eagle77 > 2 months ago | Report Abuse

HANCUR ⬇️⬇️⬇️🩸🩸🩸😭😭😭

Eagle77

7,012 posts

Posted by Eagle77 > 2 months ago | Report Abuse

Overpriced stock after splitting 1:12 supposedly priced only around 0.30 ✅ nowadays

Eagle77

7,012 posts

Posted by Eagle77 > 2 months ago | Report Abuse

If prices at 0.30 the share also value at 3.60 ( 12 X 0.30 )now so its very overpriced 🩸

Eagle77

7,012 posts

Posted by Eagle77 > 2 months ago | Report Abuse

More to downtrend and 0.30 is a actually price ✅

Good123

26,666 posts

Posted by Good123 > 2 months ago | Report Abuse

SINGAPORE – Family offices are shifting their cash towards bonds, and public and private equity, with almost half expecting returns above 10 per cent over the next 12 months.

Public equity allocations were similar globally – between 26 per cent and 30 per cent. Allocations to private credit and real estate funds were also at comparable levels of around 2 per cent.

Bond allocations varied across the globe, with offices in the Asia-Pacific and Latin America giving it more emphasis, compared with the other regions.

Good123

26,666 posts

Posted by Good123 > 2 months ago | Report Abuse

Genetec, a goldmine

The surge in the electric vehicle (EV) business (often referred to as "EV biz") can be attributed to several key factors:

1. Environmental Regulations: Governments globally are implementing stricter emissions regulations, with many planning to phase out gasoline-powered vehicles. These policies push automakers and consumers towards electric vehicles.


2. Technological Advancements: Continuous improvements in battery technology have led to longer driving ranges, faster charging times, and lower costs. As technology becomes more accessible, it accelerates EV adoption.


3. Consumer Preferences: Increasing awareness of climate change and environmental impact has led to a shift in consumer preferences. Many are now opting for more sustainable transportation solutions, which has spiked demand for EVs.


4. Government Incentives: Tax breaks, subsidies, and incentives for both manufacturers and consumers make EVs more affordable. These incentives are a significant driver of growth in the industry.


5. Infrastructure Development: Expansion of charging infrastructure, including fast chargers, makes EVs more convenient for long-distance travel, reducing range anxiety and encouraging more people to switch to EVs.


6. Cost Parity: With EV production scaling up, costs are dropping, making electric vehicles more price-competitive with traditional internal combustion engine (ICE) vehicles.


7. Major Investments by Automakers: Many major car manufacturers are heavily investing in EV production. As a result, a larger variety of EV models is entering the market, appealing to different segments of consumers.



These factors, combined, are likely to drive significant growth in the electric vehicle market in the coming years.

Good123

26,666 posts

Posted by Good123 > 2 months ago | Report Abuse

Genetec Technology, a company involved in precision engineering and automation solutions, stands to benefit significantly from the surge in the electric vehicle (EV) market for several reasons:

1. Increased Demand for Automation: The EV industry requires advanced automation in the production of electric vehicle components like batteries, powertrains, and electronic systems. Genetec’s expertise in automation solutions positions it well to supply manufacturers with the systems needed for efficient, large-scale EV production.


2. Battery Manufacturing Growth: One of the critical areas of EV production is battery manufacturing, where automation plays a significant role. Genetec provides technology and solutions to automate the production of batteries, an essential component in EVs. As the demand for EVs increases, so will the need for high-volume battery production, benefiting companies like Genetec.


3. Supply Chain Opportunities: EVs have more sophisticated electronics and require high-precision components. Genetec's capabilities in precision engineering make it a valuable supplier in the EV supply chain, especially for key components like battery management systems (BMS) and other critical parts.


4. Partnerships with Key Players: Genetec is likely to form partnerships with major EV manufacturers and battery producers, benefiting from long-term contracts and increasing its market share within the growing EV ecosystem.


5. Global EV Expansion: As more countries and automakers shift towards electric mobility, Genetec can expand its business globally, providing technology solutions across various markets, enhancing both its revenue and international presence.


6. Technological Innovation in Green Energy: With the global push towards sustainability, Genetec’s ability to innovate and develop solutions that align with green energy and clean technology trends will give it a competitive edge in securing new contracts and business opportunities in the EV market.



Overall, the growth of the EV industry provides Genetec with new opportunities to supply automation, precision engineering, and high-tech solutions, leading to potentially significant business expansion.

Good123

26,666 posts

Posted by Good123 > 2 months ago | Report Abuse

Looking towards 90sen to rm1.10 for the initial rebound as short selling is gone

EVO118

2,153 posts

Posted by EVO118 > 2 months ago | Report Abuse

A smaller chase is on now. How far will it go?

8dragon

2,220 posts

Posted by 8dragon > 2 months ago | Report Abuse

Sold some @ 0.93...

Ryanlim83

25 posts

Posted by Ryanlim83 > 2 months ago | Report Abuse

Genetec will break past RM1 soon with this super strong buying momentum

WMY2188

252 posts

Posted by WMY2188 > 2 months ago | Report Abuse

Next resistance RM1.02...good luck

Chung

585 posts

Posted by Chung > 2 months ago | Report Abuse

聽股神和股仙股棍説Genetect这星期下到30-70 cents好期待買这價錢。股神股仙股棍説的话要聽不然包你後悔在眼前。🤣🤣🤣

EVO118

2,153 posts

Posted by EVO118 > 2 months ago | Report Abuse

Good123
Bit quiet from you today on a better than average day. RUOK? Hope you are fine.

Michael Kwok

6,452 posts

Posted by Michael Kwok > 2 months ago |

Post removed.Why?

Good123

26,666 posts

Posted by Good123 > 2 months ago | Report Abuse

Focus on pos & bjfood as the recovery seems promising, etc :)😉😎

@
EVO118

Good123
Bit quiet from you today on a better than average day. RUOK? Hope you are fine.

10 hours ago

Eagle77

7,012 posts

Posted by Eagle77 > 2 months ago | Report Abuse

Trump next US President all tech will plunge ⬇️⬇️⬇️🩸🩸🩸 Tesla especially

Volz4321

96 posts

Posted by Volz4321 > 2 months ago | Report Abuse

Just limit up today :)

XenDee

177 posts

Posted by XenDee > 2 months ago | Report Abuse

wait 4 me

Ravi Kumar

3,655 posts

Posted by Ravi Kumar > 2 months ago | Report Abuse

POS is a gone case no way to be profitable unless they sell some assets LOL BJFood also at the moment bye2

Good123

Focus on pos & bjfood as the recovery seems promising, etc :)😉😎

@
EVO118

Good123
Bit quiet from you today on a better than average day. RUOK? Hope you are fine.

10 hours ago

11 hours ago


Good123

Focus on pos & bjfood as the recovery seems promising, etc :)😉😎

@
EVO118

Good123
Bit quiet from you today on a better than average day. RUOK? Hope you are fine.

10 hours ago

11 hours ago

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