Expect Genetec to supply to Proton and Perodua EVs late next year. BUY NOW. Target price: RM2.12, with 200% potential upside. Fundamentals are looking great, low P/E ratio means it's undervalued
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Why you associate Customer T with Tesla? Do you know Genetec business? You know the people running the business? The day would come when you realised there is no Tesla, but yes, there is a Customer T indeed. So, Genetec didn't lie.
@Windy1974 is correct. Genetec's orders got snatched away from their competitors as there are others company in Southeast Asian countries to assemble the batteries that awarded by Tesla. Find you will know. It is no more delayed order, it is worse exactly that only management know which is Tesla switch to other competitors. Furthermore, 5QFY24 revenue fell qoq due to change in accounting that Genetec moved some revenue in 5QFY24 to FY23, while some from FY23 has been moved to FY22.
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....
XenDee
177 posts
Posted by XenDee > 2 weeks ago | Report Abuse
to the moon