Keep tight tight, bonus 1:1, transfering to main board soon, double happiness will shot up the price. 3rd happiness is more EV assembly line machines orders and Solar orders when Biden on board Jan 2021
I know pe is not everything but pe90 at peak is crazy, crazier is when the profit and revenue hardly increase by 100%, this is madness. Time for a big correction.
It is nothing unusual for the syndicate to push the price down so that they can buy it cheap WHEN THEY KNOW THAT GOOD NEWS ARE COMING OUT SOON. No major shareholders are selling out because the volume is small.
Some ppl without holding any shares, hoping this coming quarter report out, the share price still remain the same. I don't know is it sour grape feelings or what?
Profit Forecast The Group did not issue any profit forecast during the financial quarter under review. The Group managed to deliver a solid set of results in the third quarter despite the challenging pandemic situation. As we enter fourth quarter of 2020, the Group remains confident in driving our growth initiatives to increase market presence and new product launches but acknowledge significant uncertainties in the macroeconomic environment, including the economic impact of COVID-19 and geopolitical development. The Group continues to focus on positioning our production capacity and delivering equipment and services to our customers while maintaining an intense focus on cost control, which will ensure the business remains well positioned to deliver tangible results and earnings expansion in 2021 and beyond. As of 13 November 2020, the Group’s order book stood at RM266.90 million, which is expected to last until the second half of 2021.
Another sector that was deemed the darling of investors comprise the semiconductor-related firms. This sector too has seen significant improvements in both q-o-q and y-o-y earnings performance. Eight out of the 10 semiconductor-related companies among the top 100 firms saw double-digit growth in earnings. VS Industry Bhd returned to the black this quarter while SKP Resources Bhd saw 339.15% q-o-q growth in 3Q20. Inari Amertron Bhd (+97.53% q-o-q), Unisem (M) Bhd (+49.47% q-o-q) and Greatech Technology Bhd (+31.73% q-o-q) all saw more than 30% q-o-q growth in net profit. On a yearly basis, Unisem managed to report a profitable quarter compared to a loss-making 3Q19. Interestingly, half of these 10 companies saw more than 50% y-o-y growth. Vitrox Corp Bhd grew 114.45% y-o-y, followed by UWC Bhd (+85.11% y-o-y), Greatech (+79.7% y-o-y), SKP Resources (+76.9% y-o-y) and Malaysian Pacific Industries Bhd (+50.32% y-o-y).
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....
richard kh wong
295 posts
Posted by richard kh wong > 2020-11-22 15:38 | Report Abuse
有些人觉得,greatech即将来临的2020 Q3的业绩会是个业绩炸弹。所以手上有票的有些散户,选择业绩出来前套利,业绩出来后再买进。认为greatech的营业盈利不能像uwc那样一直增长!
不知道,Mabel,有什么看法吗?
Cheers to all greatech share holders!