GREATECH TECHNOLOGY BERHAD

KLSE (MYR): GREATEC (0208)

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Last Price

2.03

Today's Change

-0.03 (1.46%)

Day's Change

2.01 - 2.08

Trading Volume

1,549,900


5 people like this.

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

Jeju88

425 posts

Posted by Jeju88 > 2020-08-13 09:47 | Report Abuse

Mabel Meow Meow, your TP coming soon. What's next from your TP.

menort

1,006 posts

Posted by menort > 2020-08-13 16:47 | Report Abuse

Tomorrow Malaysia GDP report announcement. Most counter will drop price if gdp report lower than previous report.

GDP announcement on 14/8/2020.

If result bad price will drop.

Posted by TRADERPATEL > 2020-08-16 11:46 | Report Abuse

Waiting for next rebound.

Posted by investortrader88 > 2020-08-18 09:55 | Report Abuse

fly !

menort

1,006 posts

Posted by menort > 2020-08-18 13:37 | Report Abuse

take profit now china vaccine in coming

bootroop

257 posts

Posted by bootroop > 2020-08-18 14:14 | Report Abuse

eh! menort is here also??? can you explain why we have to run with vaccine coming? U lost a bungalow to Tan Sri Lim izzit? LOL

bootroop

257 posts

Posted by bootroop > 2020-08-18 14:16 | Report Abuse

menort, I tot u say most counter will drop after GDP? Pathetic fiasco, u are.

anthonytkh

1,802 posts

Posted by anthonytkh > 2020-08-21 08:05 | Report Abuse

Transfer from ACE to Main board expected to take place before end of this year. Straight go into Top100 market cap. They're also working on M&A. I've bought some time back.

Posted by GorengHealthcare > 2020-08-21 10:18 | Report Abuse

From 1.4 to 6.4 in 5 months time...

Jeju88

425 posts

Posted by Jeju88 > 2020-08-21 12:23 | Report Abuse

I feel Greatech a steady investment. No need to headache. Going onto greater high price. Tq Greactech

Posted by investortrader88 > 2020-08-25 11:23 | Report Abuse

fly !

Dakewlest

1,758 posts

Posted by Dakewlest > 2020-08-25 12:00 | Report Abuse

Any TP?

Thelastone

277 posts

Posted by Thelastone > 2020-08-25 12:08 | Report Abuse

Mbb TP 7.20!

Yu_and_Mee

3,455 posts

Posted by Yu_and_Mee > 2020-08-25 15:41 | Report Abuse

time to sell to buy glove?

brendonyeap

1,649 posts

Posted by brendonyeap > 2020-08-25 16:19 | Report Abuse

Buy as much as possible Greatech

bootroop

257 posts

Posted by bootroop > 2020-08-25 19:16 | Report Abuse

Thelastone Mbb TP 7.20!

Where you saw the TP? Can't seem to find.

Thelastone

277 posts

Posted by Thelastone > 2020-08-25 23:47 | Report Abuse

Bootroop TP rm7.20 in the chinese article posted on 11/8/2020 under headlines above!

bootroop

257 posts

Posted by bootroop > 2020-08-26 10:00 | Report Abuse

thanks

GooShen

5,400 posts

Posted by GooShen > 2020-08-27 09:36 | Report Abuse

Oh no !!!! China fires two missile in South China Sea !!!! The tension with US is escalated !!!! Stock gonna collapse !!!!

bootroop

257 posts

Posted by bootroop > 2020-08-27 11:07 | Report Abuse

Oh no! Gooshit collapsed right after typing shitty comment! But no Vaccine for him yet thus far! habis lor this time!!

GooShen

5,400 posts

Posted by GooShen > 2020-08-27 11:41 | Report Abuse

Not sien meh? Use so many ID trying to hate excellent GooShen

bootroop

257 posts

Posted by bootroop > 2020-08-27 12:20 | Report Abuse

In fact it's fun

karimboss

1,168 posts

Posted by karimboss > 2020-08-28 17:30 | Report Abuse

Good come here attack it. Over value share. kikiki. PE60 for this omg

bootroop

257 posts

Posted by bootroop > 2020-09-01 09:32 | Report Abuse

Investing without Gooshen is boring! Yoohoo.......Goo Goo.....where r u...?

bootroop

257 posts

Posted by bootroop > 2020-09-01 12:28 | Report Abuse

RM7!! What happen?

Posted by Aquarius67 > 2020-09-01 16:26 | Report Abuse

Maybank Report 11 August 2020
Upgrade to BUY


BUY
Share Price MYR 6.10


12m Price Target MYR 7.20 (+18%)

Previous Price Target MYR 3.40

2Q20 results came in within expectations with 1H20 core earnings at
45%/47% of our/consensus’ FY20 estimates. We raise our FY20-22 earnings forecasts by 11-46% and TP by MYR3.80 to MYR7.20 (pegged to a re-rated 37x FY21E PER) on sizeable job win assumptions. Upgrade to BUY (from HOLD) as we believe GTT possesses large earnings growth

A niche automation specialist with core expertise in customisable capital equipment for solar photovoltaic
industry.


Statistics

catalysts from its battery division while supported by stable orders from its solar division. GTT’s FY21E PER of 31x derives a PEG of only 0.6x.

Mainly lifted by new customers

2Q20 core net profit was MYR17.6m (-8% QoQ, +46% YoY) – taking 1H20 core earnings to MYR36.7m (+41% YoY). The strong growth of 2Q20 bottomline (YoY) was largely driven by: (i) GTT’s new customers, i.e. single automated equipment for its EV/battery-related products and medical devices; and (ii) some revenue improvements from solar divisions’ production line system and provision of parts and services.


52w high/low (MYR)
3m avg turnover (USDm) Free float (%)
Issued shares (m) Market capitalisation

Major shareholders:
TAN ENG KEE
Llh Holdings Sdn. Bhd. Kenanga Investors Bhd.


6.10/0.97
2.4
20.0 626
MYR3.8B USD910M

71.8%
3.2%
3.2%


Orderbook – From big to bigger

We note that GTT’s current orderbook is at a strong MYR295m (end-Jan 2020: MYR215m) where approx. MYR100m was contributed by its newly- secured production line system (PLS) order from its existing EV customer. We are positive on GTT’s first PLS order from this customer as it may pave the way for more job wins in the near-future. All in all, we raise our FY20-22 earnings estimates by 11/45/46% after mainly accounting for higher contributions from its new customers/segments (EV and medical devices; Figure 2) via sustained new job wins.

Raising TP on brighter earnings outlook


FY20E PER. The higher valuation is reflective of GTT’s sustained earnings from the solar division and strong earnings growth upsides from its new EV and medical devices customers. We also note that its plan for listing transfer into the Main Market in on track for 2020.

Jeju88

425 posts

Posted by Jeju88 > 2020-09-02 09:29 | Report Abuse

What's the big news? Mind sharing dear.

Bullish

895 posts

Posted by Bullish > 2020-09-02 19:53 | Report Abuse

Switch stock to KPS 5843. Another tech stock.

Cakes Moon

6,930 posts

Posted by Cakes Moon > 2020-09-03 15:36 | Report Abuse

Malaysia market is so weak.

bootroop

257 posts

Posted by bootroop > 2020-09-03 17:55 | Report Abuse

Cakes Moon, if so why are still people making money out of it?

bootroop

257 posts

Posted by bootroop > 2020-09-03 21:17 | Report Abuse

Gooshen = Yu and Mee? LOL

Cakes Moon

6,930 posts

Posted by Cakes Moon > 2020-09-04 07:05 | Report Abuse

Of course there are ppl making & losing money, just how many are there. Greatech today will slump?

Slc1

855 posts

Posted by Slc1 > 2020-09-04 11:01 | Report Abuse

Mostly people who say it's going to crash is the one not holding any share of that company.

pang72

51,506 posts

Posted by pang72 > 2020-09-05 13:41 | Report Abuse

How to crash for such a good company?
How much is tesla today, go and search then look at Greatech!?

kenari82

429 posts

Posted by kenari82 > 2020-09-08 10:38 | Report Abuse

free fall

Posted by HappyTrade > 2020-09-08 15:28 | Report Abuse

Hope this retrace ending soon.

wehcant

1,259 posts

Posted by wehcant > 2020-09-08 15:34 | Report Abuse

These are headlines everyday:

Sabah State Poll; RMCO violations; Bersatu; Perikatan; Water woes; RMCO extended; etc.

There's nothing about plans on how to revive the economy. Everyday play backside politics.

phyroxus

683 posts

Posted by phyroxus > 2020-09-08 17:16 | Report Abuse

is greatec pe too high compare to other local tech stock?

Grova1

112 posts

Posted by Grova1 > 2020-09-09 07:57 | Report Abuse

There many ways to look at PE. The higher the PE, the more expensive it is. PE being "too high" or "too expensive " is a relative concept. In other words, the PE figure is considered high if it is compared with PE in the past, the time before 5G was rolled out and life science was not as hot as now. Try to project the company's earnings in a few quarters into the future, you might notice that the PE is actually not that high. (In the world of stock investing, the future is more relevant than the past). And unlike glove stocks, the growth in Greatec is more sustainable and protected with an economic moat. The business is not subject to cut-throat competition as we will see in the glove industry in a few quarters.

Posted by chungyi8455 > 2020-09-10 22:36 | Report Abuse

honestly, with this price, heavily undervalued now, all panic sell

apolloang

18,163 posts

Posted by apolloang > 2020-09-10 22:51 | Report Abuse

mana ada undervalued? not even half price from the highest

Posted by chungyi8455 > 2020-09-11 21:21 | Report Abuse

lol, if need half price only undervalue, i think you have a bit of a problem...

apolloang

18,163 posts

Posted by apolloang > 2020-09-11 21:56 | Report Abuse

I only will buy if cheap,expensive one u sendiri buy.PE too high for me

UnicornP

2,849 posts

Posted by UnicornP > 2020-09-12 09:31 | Report Abuse

Running too far ahead from earnings.

Thelastone

277 posts

Posted by Thelastone > 2020-09-12 10:52 | Report Abuse

Revenue and earning expected to increase in tandem with the increase in orderbook from rm235m to rm295m unless management decided to scale down rather than up.Eps is expected to reach 3-4sen/q in 2H20 with the current profit margin,yes?

pantor

336 posts

Posted by pantor > 2020-09-12 11:37 | Report Abuse

Agree with Thelastone and Grova1. Don't just look at current PE. with double digit growth, ROE 28, excellent profit margin, with orderbook of 295 million, estimated eps next 2 Q is 3.5 to 4 sen per quarter. This will be even higher for 2021. Good prospects.

Posted by chungyi8455 > 2020-09-13 23:07 | Report Abuse

pantor and thelastone know what they are talking about. look at their revenue and profit margin, stock price is looking into future, not current

Will188

861 posts

Posted by Will188 > 2020-09-14 21:21 | Report Abuse

Very high PE compare Unisem...

Posted by chungyi8455 > 2020-09-14 23:17 | Report Abuse

eh..of course la...you see unisem performance so much negative profit..how can you put unisem and greatec on same level?

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