pang72, that's because contribution from First Solar to its revenue has risen from 27% to 87% over the years. But during the same period, First Solar's own revenue has halfed. If Greatech's main customer that contribute almost 90% of its revenue is suffering from selling their solar panel, what is the prospect of Greatech in maintaining the same growth that they had enjoy in the coming 3-5 yrs?
Anyway, please to inform you that someone match my Greatec offer price of 20% above IPO. Looking forward for someone to match my 2nd queue tomorrow.
Will be great to be part of this company journey and future success story. I'm actually looking for another repeat like my investments in MyEG. It's looking good on that side too.
One good news for all of you. Dow Jones up 1xx points, so we can expect KLSE will be more positive and bullish tomorrow. Another good news is Brent is up by 4%. Hence this should cheers up all the KLSE Energy Investors to also invest in this Great Technology Company.
what the hell,new high again ar? another MI in the making for me....fronken also can 1.40 why not greatektek? at nite also can go pluck tektek…..hahaha
Beware, The company only has a small factory in penang,I'm not sour grapes,only 2 days surge so much. If so valuable why the directors sell IPO at 0.61cts?
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....
Mabel
24,159 posts
Posted by Mabel > 2019-06-13 23:16 | Report Abuse
Good observation gs888. Thanks!