Posted by Eagle77 > 1 month ago | Report Abuse

Trump up becoming President US all tech stocks ⬇️⬇️⬇️🩸🩸🩸

Posted by Eagle77 > 1 month ago | Report Abuse

Be ready for the massive plunge ⬇️⬇️⬇️🩸🩸🩸

Posted by Income > 1 month ago | Report Abuse

kurang stim already?

Posted by mf > 1 month ago | Report Abuse

Stocks slipped Tuesday as Wall Street took profits coming off an unusually strong month and quarter and as traders eyed what appeared to be an escalating situation in the Middle East.

Posted by Good123 > 1 month ago | Report Abuse

how? Ada siasatan ka? 😅 https://themalaysiacorporate.com/2024/09/25/projek-bess-sabah-rakyat-rugi-50-juta-setahun-tapi-bung-moktar-rembat-rm-100-juta-dari-chen-khai-voon-seal-incorporated-bhd/

Posted by Eagle77 > 1 month ago | Report Abuse

HANCUR ⬇️⬇️⬇️🩸🩸🩸

Posted by NatsukoMishima > 1 month ago | Report Abuse

If MACC siasat triple limit down confirm !

Posted by sniper123 > 1 month ago | Report Abuse

good123 selamat pulang!!! what price u bot genetec?? Pls share share lah b4 u tulis puisi panjang lah!!

Posted by mf > 1 month ago | Report Abuse

Time
US 30
42,020.5 42,152.1 42,000.5 -136.5 -0.32%
02:10:26
US 500
5,691.4 5,710.9 5,687.3 -17.4 -0.30%
02:10:28
US Tech 100
19,695.4 19,786.3 19,677.9 -77.4 -0.39%
02:09:15
Small Cap 2000
2,185.6 2,196.3 2,183.6 -11.4 -0.52%
02:09:00

Posted by mf > 1 month ago | Report Abuse

Live updates
Live updates,
Hezbollah fighters attack and repel Israeli infantry in first ground combat

Posted by 8dragon > 1 month ago | Report Abuse

Middle East is under war tension...oil price is going to shoot up.

Posted by mavisdrac > 1 month ago | Report Abuse

When is this stock going up? It has been 2 months on the down trend

Posted by OppenHermes > 1 month ago | Report Abuse

Waiting for the replenishment from Tesla's order

Posted by sniper123 > 1 month ago | Report Abuse

Sales not expected to pick up anytime soon despite Tesla slashing prices and giving many freebies to new buyers in cina. Hv to wait until 2H2025. Good luck!!!

Posted by 8dragon > 1 month ago | Report Abuse

If tesla close shop, Genetec also going to wind up it's business....

Posted by sniper123 > 1 month ago | Report Abuse

Tesla will not close shop lah but the days of meteoric earnings growth maybe over as the rest of the world is catching up on ev mfrg

Posted by investorbat > 1 month ago | Report Abuse

Anyone here can answer why their annual report delayed almost 2 months,did they file for extension.

Posted by nelsonlim > 1 month ago | Report Abuse

i think they change their financial year end

Posted by nelsonlim > 1 month ago | Report Abuse

btw good question

Posted by holihom > 1 month ago | Report Abuse

Delay? June Qtr results already published on 29 Aug

Posted by investorbat > 1 month ago | Report Abuse

@holihom,i m talking about "annual report" ok?

Posted by Eagle77 > 1 month ago | Report Abuse

Overpriced back to 0.50 ⬇️🩸

Posted by pang72 > 1 month ago | Report Abuse

Take care of 80c support..
Once break then everything will be...

Posted by pang72 > 1 month ago | Report Abuse

Tesla crashes 8%..
Genetech and tech stock will hv another crash next week

Posted by pang72 > 1 month ago | Report Abuse

Next week will dive below 80c for sure!

Posted by pang72 > 1 month ago | Report Abuse

https://www.orientaldaily.com.my/news/international/2024/10/12/685788?source=hot-news

Scare la

Posted by OppenHermes > 1 month ago | Report Abuse

Genetec will get cheaper and cheaper, it seems like ..

Posted by sniper123 > 1 month ago | Report Abuse

pang sifu u shorted genetic kaw kaw ke??

Posted by Flyinghorse > 1 month ago | Report Abuse

Gone down below 80sen now........ let wait and see how low can it go
.

Posted by mavisdrac > 1 month ago | Report Abuse

I bought at 1.05. Now stuck almost a month. Should i sell now and cry. Would it bounce back, ever?

Posted by Eagle77 > 1 month ago | Report Abuse

0.50 ⬇️🩸coming

Posted by Eagle77 > 1 month ago | Report Abuse

2025/2026 will be worse for Tech ⬇️🩸so buy oil palm 🌴🌴🌴 especially TSH is 2 in 1 got valuable land in new capital of Indonesia 🇮🇩 IKN 💰💥

Posted by pang72 > 1 month ago | Report Abuse

Finally below 80c

Posted by Eagle77 > 1 month ago | Report Abuse

Genetec last bonus issue was 1:12 so now equal to 9.00 per share ✅ it’s really overpriced so may retrace to 0.50 ⬇️🩸

Posted by mavisdrac > 1 month ago | Report Abuse

Then after retrace back to 0.50, what will happen? Will stay around 0.50?

Posted by James Ng > 1 month ago | Report Abuse

EV电动车神话破灭，Tesla交车量不如预期，case study: GENETEC TECHNOLOGY
https://klse.i3investor.com/web/blog/detail/general/2024-10-16-story-h471861857

Posted by Balian de Ibelin > 1 month ago | Report Abuse

Drop until 6 sen to 20 sen range is possible

Posted by Balian de Ibelin > 1 month ago | Report Abuse

Many car factories stopped producing EVs late 2022 to early 2023 due to lack of demand.
Exiting EV companies now is very late. Almost 2 years too late

Posted by Balian de Ibelin > 1 month ago | Report Abuse

Syndicate fully exited.
Only Bilis buying.
Drop is inevitable

Posted by Income > 1 month ago | Report Abuse

Balian sir, are u buying this?

Posted by Sslee > 1 month ago | Report Abuse

Very soon this company will be like Jaks impairment of receivables and contract assets.

Posted by mf > 1 month ago | Report Abuse

sell

Posted by mf > 1 month ago | Report Abuse

Israeli media reporting DNA test conducted to confirm identity of killed fighter
Nour Odeh
Nour Odeh
Reporting from Amman, Jordan

Al Jazeera is reporting from Jordan because it has been banned from Israel and the occupied West Bank.

Posted by Flyinghorse > 1 month ago | Report Abuse

https://www.freemalaysiatoday.com/category/business/2024/10/19/netflix-earnings-tech-stocks-boost-sp-500-nasdaq-to-closing-highs/

Posted by OppenHermes > 1 month ago | Report Abuse

Operator starts goreng it today ? 😀

Posted by kl_guy > 1 month ago | Report Abuse

Another bank in US under FDIC control. US Bank is shaking ground.
https://www.emarketer.com/content/why-oklahoma-first-national-bank-of-lindsay-suddenly-shut-down

Posted by Good123 > 1 month ago | Report Abuse

Genetec Technology Berhad is positioned for a potential rebound due to strong growth in key segments, particularly in the electric vehicle (EV) and energy storage markets. In Q3 FY2024, the company reported revenue of RM76.9 million and a profit before tax (PBT) of RM25.2 million, reflecting solid financial performance with margins around 32.7%. Despite a slight year-on-year revenue dip compared to Q3 FY2023, this decline is attributed to typical project progression in high-value industries rather than a lack of demand or pipeline strength.

Genetec’s success is largely driven by its focus on intelligent manufacturing solutions for EVs and renewable energy, as well as the ongoing global push toward clean energy, which is expected to see a rise in investments in 2024. The company continues to position itself as a leader in automation for these industries and is optimistic about its future performance, supported by a strong product pipeline and new business leads  .

Additionally, investor sentiment toward Genetec has fluctuated but shows signs of improvement due to its strategic focus and financial discipline, which has attracted positive market attention . The company aims to capitalize on the growing demand for clean energy infrastructure and further expand its market share in the coming years.

Posted by Good123 > 1 month ago | Report Abuse

Aaron Chen, a key figure in Genetec Technology Berhad, has a vested interest in ensuring the company’s success, given his involvement in its strategic direction and leadership. Chen, known for his deep commitment to technology-driven growth, is likely focused on maintaining Genetec’s momentum in critical sectors like electric vehicles (EVs) and renewable energy.

One reason Chen won’t allow Genetec to fail is the company’s strong position in industries that are pivotal for future growth. The EV and energy storage segments are gaining significant traction globally, and Genetec’s role in providing intelligent automation solutions for these industries puts it at the forefront of technological and industrial transformations. Chen likely sees the enormous potential in these sectors, especially with the rise in global clean energy investments projected for 2024  .

Moreover, Chen’s leadership is essential in maintaining investor confidence, which has seen fluctuations but generally points toward optimism. His determination to steer the company through challenging economic cycles, while capitalizing on new opportunities in automation and energy, indicates that he has a long-term vision for Genetec that would drive him to ensure its continued success.

Posted by Good123 > 1 month ago | Report Abuse

Genetec Technology Berhad is enriched by its involvement in the electric vehicle (EV) industry for several reasons:

1. Growing Global Demand: The EV market is experiencing a massive surge in demand, driven by environmental concerns, government policies promoting clean energy, and the transition away from fossil fuels. Genetec’s role in providing automation solutions for EV manufacturing positions it as a crucial player in this expanding industry  .
2. Strategic Focus on EV and Energy Storage: Almost 100% of Genetec’s revenue comes from the EV and energy storage sectors. These sectors are capital-intensive, and as more automakers expand their EV production lines, they require highly efficient, automated systems to meet growing demand. Genetec’s expertise in creating intelligent manufacturing solutions allows it to capitalize on this wave of demand, driving revenue and profitability .
3. Long-Term Growth Potential: The global shift toward renewable energy and electrification is still in its early stages. As the world increases its investment in clean energy infrastructure (estimated to grow by 10-20% in 2024), Genetec’s position as a supplier of key automation solutions for EVs ensures long-term growth opportunities .

In essence, the rise of EVs has become a primary revenue driver for Genetec, ensuring the company stays at the forefront of technological advancements in the automotive industry.

Posted by Good123 > 1 month ago | Report Abuse

Genetec Technology Berhad has demonstrated consistent growth in both sales and profit over the past five years, driven by its strategic focus on sectors like Electric Vehicles (EV) and renewable energy storage.

In FY2023, Genetec achieved a revenue of RM295 million, which reflects a steady increase from RM178 million in FY2021. Their profit before tax (PBT) grew significantly during this period, reaching RM72 million in 2023, up from RM37 million in 2021. The company’s gross profit margins have also improved, rising from 29% to 33%  .

This growth is largely attributed to their strong presence in the EV sector, which remains their key revenue driver. Despite industry volatility, the company’s ability to secure recurring orders from long-standing clients, coupled with continuous operational efficiency improvements, has bolstered both its revenue and profit margins .