GREATECH TECHNOLOGY BERHAD

KLSE (MYR): GREATEC (0208)

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Last Price

2.06

Today's Change

-0.10 (4.63%)

Day's Change

2.06 - 2.19

Trading Volume

3,522,000


5 people like this.

7,904 comment(s). Last comment by kl_guy 1 week ago

trader101

415 posts

Posted by trader101 > 2022-01-14 10:41 | Report Abuse

buy now, later rebound...

Posted by MorningGlory123 > 2022-01-14 10:56 | Report Abuse

Fed’s Harker calls for ‘action on inflation,’ sees 3 or 4 rate hikes likely this year

Philadelphia Fed President Patrick Harker said Thursday he sees three or four interest rate hikes this year as likely to fight inflation.

The policy tightening would be in response to inflation that is running at the highest level in nearly 40 years.

While Harker expressed support for hikes and the end of monthly bond purchases, he favors waiting before decreasing the Federal Reserve’s $8.8 trillion balance sheet.


https://www.cnbc.com/2022/01/13/feds-harker-calls-for-action-on-inflation-sees-3-or-4-rate-hikes-this-year.html


*Global market facing high inflation, latest US CPI stood at 7% so forcing Fed government aggressively hiking interest rate by this year to solve high inflation

Posted by MorningGlory123 > 2022-01-14 10:57 | Report Abuse

aggressively hiking interest rate will impact high valuation tech stocks

amateurJR

2,366 posts

Posted by amateurJR > 2022-01-14 11:21 | Report Abuse

Malaysia technology lvl not advance at all. Most of them are old tech, All semicon and tech just goreng based on sentiment is Nasdaq

Cakes Moon

6,929 posts

Posted by Cakes Moon > 2022-01-14 12:21 | Report Abuse

RM5 is a strong support that build previously.
The price might rebounce for cut loss opportunity.

kim722

56 posts

Posted by kim722 > 2022-01-14 12:32 | Report Abuse

5.00 . its a buy.

kim722

56 posts

Posted by kim722 > 2022-01-14 12:33 | Report Abuse

all panic sell. less shares in market. rebond soon

SHOB

613 posts

Posted by SHOB > 2022-01-14 12:45 | Report Abuse

4.70 drop more

Posted by Jameslee Wah > 2022-01-14 13:03 | Report Abuse

Roller coaster

Posted by kpowersohai > 2022-01-14 13:27 | Report Abuse

Run lorrrr, wanna buy somemore mehh?? Bubble burst liao lorrr malaysia tech big crash liao. Super overvalued thats why crash so fast. Ady told u guys dont buy liao still wanna buy soon drop till rm2 dont cry father cry mother la. Save money first and wait at rm2- rm3 if so wanna invest in malaysian tech stocks

gladiator

677 posts

Posted by gladiator > 2022-01-14 13:36 | Report Abuse

Now negative sentiment on tech stock which is over goreng for sometime. If QR out in Feb next month below expectation share price will collapse again as sentiment is no longer there to support the price. IB will rush to downgrade the TP.

Posted by TheTruthHurt > 2022-01-14 14:07 | Report Abuse

IB pulling each other. Pump and give high TP. Dump then provide low TP. End of the day fundamental will prevails. Still, too soon to tell. Stick around.

Posted by MorningGlory123 > 2022-01-14 14:10 | Report Abuse

Yr 2021 - glove & health sector massive sold off due to ASP keep dropping

Yr 2022 - tech sector rotated massive selling off due to interest rate hiking unavoidable


*Don't ever think to challenge with fund institutions since RSS, PDT & IDSS fully operating since 2022. We need to learn the past lesson from 2021 incident during massive turbulence on health sector.

Posted by Equityengineer > 2022-01-14 14:16 | Report Abuse

Glove is small business compare to tech. Tech Will always prevail as the solution or most of the problems . That busy hopperns all the time but it will be up again ten uncertainigj if no of interest rate hike is the problem . Once the number is certain then it will go up again . Uncertainiyh always bad for market.

Posted by warmplayer > 2022-01-14 16:04 | Report Abuse

Tech counters have their value in the market as they are the core for all industries.

kumapuma

111 posts

Posted by kumapuma > 2022-01-14 16:10 | Report Abuse

Buy now and wait 3 months.. Will be breaking all time high..

kumapuma

111 posts

Posted by kumapuma > 2022-01-14 16:12 | Report Abuse

Big growth for tech counters in the future.. Market gives you chance to buy cheap... Take the opportunity.. This is not the same as glove counters

Posted by Flyhighest > 2022-01-14 16:18 | Report Abuse

This one tutup mata can beli... sure rebound

Cakes Moon

6,929 posts

Posted by Cakes Moon > 2022-01-14 16:30 | Report Abuse

Agree, Monday confirm up!!!

sten_still

409 posts

Posted by sten_still > 2022-01-14 16:53 | Report Abuse

dia dah takmau pergi bawah dah

trader101

415 posts

Posted by trader101 > 2022-01-14 16:58 | Report Abuse

Tech is the future, unlike gloves cyclical

cheeseburger

2,870 posts

Posted by cheeseburger > 2022-01-14 17:14 | Report Abuse

well, those who want to sell already done so. Remaining those who want to hold.

Posted by Equityengineer > 2022-01-14 17:22 | Report Abuse

It’s just the uncertainty on No of rate hikes, traders take profit or cut loss first . Where else want to move if it’s not tech .. return will not be much

Posted by Jameslee Wah > 2022-01-14 19:09 | Report Abuse

Wait for the Director to buy back the share before jumping in

kumapuma

111 posts

Posted by kumapuma > 2022-01-14 19:32 | Report Abuse

Director already bought

bigprice

839 posts

Posted by bigprice > 2022-01-14 20:39 | Report Abuse

5.87 director start accumulate. Now 5.07. Do you think tey just keep silent. Buy n keep for 3 months. ATH again.

bigprice

839 posts

Posted by bigprice > 2022-01-14 20:39 | Report Abuse

Tis s te time to get in.

gemfinder

6,880 posts

Posted by gemfinder > 2022-01-14 22:01 |

Post removed.Why?

Posted by kpowersohai > 2022-01-14 22:21 | Report Abuse

walaooo still got some s*ha* so optimistic?? come on time to run liao lorrr......u follow director u see she buy at what price today what price?? do u think their judgment can be realiable?? malaysia tech stock burst liao lor the bubble.....for all these tech stock i will consider only inari at price below rm3 possible range rm2.5 to rm3. others wont even touch.

gemfinder

6,880 posts

Posted by gemfinder > 2022-01-14 23:27 | Report Abuse

Inari last time i bought 2.03. 259 i oso wont consider

Posted by EatCoconutCanWin > 2022-01-15 07:37 | Report Abuse

Monday rebound

bigprice

839 posts

Posted by bigprice > 2022-01-15 08:33 | Report Abuse

Nasdaq closed green. Monday rebound.

Posted by Flyhighest > 2022-01-15 10:52 | Report Abuse

Its is overdone, no brainer lah. Big sharks collected heavily on Friday. Don't believe, go and see the volume. Some get over excited for RM1, RM2. Why, market crash ah?

AlanNga

184 posts

Posted by AlanNga > 2022-01-16 03:59 | Report Abuse

Only monkey won’t buy..

gemfinder

6,880 posts

Posted by gemfinder > 2022-01-16 08:19 |

Post removed.Why?

Posted by Rookieinvestor > 2022-01-16 08:55 | Report Abuse

Looking forward to Monday rebound. It can only go up

gemfinder

6,880 posts

Posted by gemfinder > 2022-01-16 10:31 |

Post removed.Why?

RainT

8,448 posts

Posted by RainT > 2022-01-16 10:55 | Report Abuse

buy

Posted by PriorityFF88 > 2022-01-16 11:24 | Report Abuse

Monday will rebound. Mark my words , director and founders have start their massive purchase, look on how many shares purchased by EPF on Inari, they too knew this is great gem

gemfinder

6,880 posts

Posted by gemfinder > 2022-01-16 12:19 |

Post removed.Why?

Posted by PriorityFF88 > 2022-01-16 13:51 | Report Abuse

悲观的人总在机会中看到困难; 乐观的人则在困难中看到机会

OTB

11,526 posts

Posted by OTB > 2022-01-16 14:57 |

Post removed.Why?

CharlesT

14,945 posts

Posted by CharlesT > 2022-01-16 15:04 | Report Abuse

Simple, our tech stocks were mostly traded at ridiculous valuations, even much higher than TSMC n US Tech stocks...

A much bigger bubble

CharlesT

14,945 posts

Posted by CharlesT > 2022-01-16 15:06 | Report Abuse

Just like many years ago our oil n gas used to trade at PE 15 to 20 ir even higher while others r normally traded at single digit PE

CharlesT

14,945 posts

Posted by CharlesT > 2022-01-16 15:07 | Report Abuse

All the asshxles IBs r selling the growth story of tech stocks (10%-20% a year) while prices moved few hundred percents higher...

treasurehunt

1,884 posts

Posted by treasurehunt > 2022-01-16 15:31 | Report Abuse

IBs and syndicates are catching the average down fellows and the premature believers of ' Be greedy when others are fearful'.

OTB

11,526 posts

Posted by OTB > 2022-01-16 15:32 |

Post removed.Why?

henbaram

523 posts

Posted by henbaram > 2022-01-16 15:47 | Report Abuse

Rm1.50 coming. the more we hold, the more loses

CharlesT

14,945 posts

Posted by CharlesT > 2022-01-16 15:50 | Report Abuse

Mpi still not so crazy but i think MPI used to trade at PE 10+ prior to this

Kobay,UWC,D&O, Frontken r still higher than PE 50 despite recent plunge

Greatec n Penta at PE 40+

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