Posted by humble1102 > 2021-03-15 11:49 | Report Abuse

https://klse.i3investor.com/m/priceTarget/58565.jsp

Posted by humble1102 > 2021-03-15 11:51 | Report Abuse

It is not so much from Lordstown actually

Posted by investmalaysia8 > 2021-03-15 12:00 | Report Abuse

Yeap. Not so much from Lordstown. But people worry about their order book from Lordstown. Their new order book is mainly from Lordstown and First Solar.

Posted by 888Money > 2021-03-15 12:00 | Report Abuse

now a day, tech market oversea play dirty, last section the market related tech chips stock all go higher due to shortage of chips... suddenly US side say wrong estimated then all the tech related chips like MPI all crash down. I mean they purposely to spread the news.......same like other's nasdaq market, US say high inflation and bond yeild go high cause the equity down. just a news... only

Posted by investmalaysia8 > 2021-03-15 12:08 | Report Abuse

@yu and Mee, if you don’t even know that, I suggest you to read more on Greatech

Posted by tmore1 > 2021-03-15 12:18 | Report Abuse

Numbers are from various IB research sources. Also mentioned cash collection c.RM80-90m (of c.RM200-250m order book from Lordstown) and that cash collection is on track.

Orderbook is not revenue yet but they are imputed into consensus revenue projections which are subject to revisions. There should be more clarity coming up in reports and media in the near future.

Do assess the risk yourself and do your due diligence. Overall good company but potentially shady customer. If cash collection is according to plan, it should be fine. Potentially many scenarios.

It is about the future revenue, profits and free cash flow per share that determines the value of a stock.

Posted by investmalaysia8 > 2021-03-15 12:25 | Report Abuse

Always safer to buy tech companies which product goes to consumer. Eg Apple, Microsoft

You can avoid such uncertainty. I remember Inari plunge when Broadcom sell their wireless chip unit.

Posted by WellMore > 2021-03-15 12:36 | Report Abuse

From wsj, Steve burns did not really refute the reports. So, there are a lot of uncertainties lingering around. Hopefully, CEO Tan could clarify further on this matter. In the meantime, let mkt decides the fv then.

-----------

(Wall Street Journal) -- A new report by short seller Hindenburg Research took aim at electric-truck startup Lordstown Motors Corp., saying the company misled investors about the strength of its truck preorders and the progress it is making toward putting its first model into production.

Lordstown Motors Chief Executive Steve Burns said the report contained half-truths and lies, and that the short seller has a motivation to hurt the stock before the company reports its first quarterly update as a publicly traded entity next week.

The Wall Street Journal hasn't been able to verify independently the accusations.

The startup is named for the Ohio town where the company purchased a dormant former General Motors Co. plant in 2019. GM acquired a small stake in the electric-vehicle startup. A GM spokesman declined to comment.

Shares of the company fell 16.5% Friday following the report. Hindenburg -- which last year targeted another electric-truck startup, Nikola Corp. -- disclosed that it holds a short position in Lordstown Motors, meaning it stands to profit from declines in the stock.

The New York-based research firm, led by Nathan Anderson, described Lordstown Motors' order book as a "mirage" and said the startup paid an outside consulting group to generate preorders for its truck in advance of a deal to go public in 2020. The report cited documents and conversations that the firm said it had with former employees and business partners.

Mr. Burns confirmed the company paid consultants to generate preorders that were understood to be nonbinding as a way to assess market demand, but denied it misrepresented its preorder book.

"We are not stating these are orders and have never stated that," he said.

Lordstown Motors listed last year through a deal with special-purpose acquisition company, or SPAC. The company has yet to sell a vehicle. It is targeting the commercial-truck market, vehicles typically used by fleet operators.

Lordstown Motors and Mr. Burns have regularly pointed to its preorder book to underscore the strength of demand for its forthcoming commercial pickup truck. "Most of them are signed by the CEOs of these large firms," Mr. Burns said of the preorders in a CNBC interview in November. "They're very serious orders."

In a regulatory disclosure in December, Lordstown Motors said it didn't have any current customers or pending orders, and there was no assurance the nonbinding preorders would be converted to sales. In January, the company said the more than 100,000 reservations for its Endurance truck were nonbinding.

Hindenburg said the orders weren't only nonbinding but also "largely fictitious" and didn't represent "genuine demand." Some preorders for 1,000 or more trucks came from businesses that didn't operate commercial fleets, the report said. Some companies told the firm they didn't have the means or intention to buy the trucks on preorder, the report said.

Mr. Burns said the company is confident there is demand for its trucks and the preorders were a way to gauge interest as it preps the factory to build for certain volumes.

Posted by Firdausshmi7 > 2021-03-15 13:18 | Report Abuse

Dem u hindenbug

Posted by stockfreak > 2021-03-15 14:07 | Report Abuse

The Forward PE is now around 50 (after taking into account the stock split in Jan).

Posted by hantamking > 2021-03-15 14:07 | Report Abuse

collect now when price got correction
slowly adding this stock ^^ huhu

Posted by hantamking > 2021-03-15 14:08 | Report Abuse

buy for long term

Posted by jonathanlum > 2021-03-15 14:25 | Report Abuse

Yu_and_Mee Lordstown is the customer to Greatec?
dont invest something you dont really know the background....you know that your money is hard earn ...just my 1 cent

Posted by TheTruthHurt > 2021-03-15 14:26 | Report Abuse

Many gullible trader will take the hindenbug "report" as a fact and not take extra effort to research the validity and timing of such news.
Slimy tactics by short sellers? I would think so.

Posted by weechin53 > 2021-03-15 14:43 | Report Abuse

Drop like a falling knife!

Posted by Moneygame33 > 2021-03-15 14:50 | Report Abuse

富贵险中求

Posted by CoolJay > 2021-03-15 14:54 | Report Abuse

what happen ah? what news

Posted by Moneygame33 > 2021-03-15 15:02 | Report Abuse

好像有合约喊停。。。

Posted by mamatede > 2021-03-15 15:02 | Report Abuse

interesting... Why post Lordstown news here... is it even related to Greatec?

Posted by TheTruthHurt > 2021-03-15 15:03 | Report Abuse

Would caution touching the knife with proper protection

Posted by Moneygame33 > 2021-03-15 15:08 | Report Abuse

哈哈我们买进是投资还是投机？？

Posted by investmalaysia8 > 2021-03-15 15:09 | Report Abuse

Mamatede is another one who doesn’t know what he or she is doing.

Posted by Moneygame33 > 2021-03-15 15:11 | Report Abuse

掉是我们再进场。。不要等到上了再来追

Posted by value investor > 2021-03-15 15:15 | Report Abuse

actually how much of orderbook is come from Lordstown? I see report only mention they hit new high with this customer btw didnt mention how much this company contribute...

Posted by value investor > 2021-03-15 15:17 | Report Abuse

Moneygame33 如果你可以分析出到底Lordstown对他的影响有多大以及他的合理价位就不是投机

Posted by tmore1 > 2021-03-15 15:24 | Report Abuse

read comments above, there are some info. kindly do your own risk assessment and due diligence.

Posted by PureBULL ... > 2021-03-15 15:25 | Report Abuse

GREATEC, a brilliant Robotic or ATE stock i.e. growing at record QR PAT would stop the
selldown at FIBO -61.8% level at 508 zone.
As always a meaningful REBOUND could come anytime soon.

https://klse.i3investor.com/servlets/stk/annqtyres/0208.jsp

https://www.tradingview.com/x/abqfNBa5/

Posted by Moneygame33 > 2021-03-15 15:27 | Report Abuse

價值投資者 Moneygame33如果你可以分析出到底Lordstown對他的影響有多大以及他的合理價位就不是投機
15/03/2021下午3:17

我的意思是当您买进的时候是投资 还是投机？来个不好消息就恐慌？投资是慢慢买进的

Posted by Moneygame33 > 2021-03-15 15:29 | Report Abuse

之前inari 也是这样啦。。现在它的股价？

Posted by mamatede > 2021-03-15 15:30 | Report Abuse

@investmalaysia9 sorry lor, how to keep updated to all counters ... just came here because of the sharp dropped only

Posted by Moneygame33 > 2021-03-15 15:33 | Report Abuse

GREATECH 有 1.252 的票..不过看他的买卖盘 只是百多张

Posted by apolloang > 2021-03-15 15:34 | Report Abuse

gonna become like supermax soon

Posted by investmalaysia8 > 2021-03-15 15:37 | Report Abuse

Inari plunge is a knee jerk reaction. Different from Greatech. If the report by the research firm is somewhat true. Meaning Greatech order book, revenue and net profit will be affected.

Posted by troy88 > 2021-03-15 15:43 | Report Abuse

Wow, what happened to Greatec?

Posted by Silentreader88 > 2021-03-15 15:43 | Report Abuse

this is not correction but massive bully by big money. Just like what had happened to gloves

Posted by GroundZero > 2021-03-15 15:46 | Report Abuse

lol...glove stocks were simply overvalued. nothing to do with bullying. ldiot

Posted by tmore1 > 2021-03-15 15:49 | Report Abuse

good point investmalaysia8. Inari has a long-term customer in Broadcom/Apple. They have been around for a long time.

Lordstown listed last year through a SPAC. Lordstown is not Tesla with proven product and technology. Keep in mind they are allegations until proven true. If proven untrue, good. If proven true, it is not good. Hopefully more clarity soon.

Posted by Moneygame33 > 2021-03-15 15:52 | Report Abuse

investmalaysia8 Inari跳水是一種膝蓋跳動反應。與Greatech不同。如果研究公司的報告是正確的。這意味著Greatech的訂單，收入和淨利潤都會受到影響。
1521年3月15日下午3:37

要是不真确? 会怎样?

Posted by Moneygame33 > 2021-03-15 15:55 | Report Abuse

当然要买进也是要看好却入点..有的认为什么价位值得进.就慢慢买进咯

Posted by Moneygame33 > 2021-03-15 15:56 | Report Abuse

也不可能半空中接刀吧

Posted by Moneygame33 > 2021-03-15 15:59 | Report Abuse

买股要慢慢来 卖股要快..

Posted by value investor > 2021-03-15 16:00 | Report Abuse

如果觉得公司未来前景还很好，下跌下来的确是机会，但是首先必须先了解最坏的情况公司还值得多少钱，前提是我也对这个公司的前景包有很好的期望，只是还不知道真正值得多少钱才值得买入

Posted by Philan008 > 2021-03-15 16:04 | Report Abuse

Why ppl suddenly act like Lordstown report is not sustantial to Greatech...?

Greatech valuation is SO HIGH becz of its potential link to EV sector (and thus the potential exponential growth), and its link to EV is becz of Lordstown....

If Lordstown is a scam, Greatech link to EV is a SCAM TOO....

So you think Valuation still can go above even 45?

Posted by Moneygame33 > 2021-03-15 16:05 | Report Abuse

value investor 如果觉得公司未来前景还很好，下跌下来的确是机会，但是首先必须先了解最坏的情况公司还值得多少钱，前提是我也对这个公司的前景包有很好的期望，只是还不知道真正值得多少钱才值得买入
15/03/2021 4:00 PM

对了

Posted by Moneygame33 > 2021-03-15 16:05 | Report Abuse

这就是个人问题'

Posted by investmalaysia8 > 2021-03-15 16:07 | Report Abuse

@moneygame33, 要是不真确就好。股价就会上回来, 可不可以上会去之前那个价位就要看市场了。

Posted by Moneygame33 > 2021-03-15 16:08 | Report Abuse

这样一个风波就倒?也太小看MR TAN

老板票那么多难道他不怕肯定有出路的

Posted by apolloang > 2021-03-15 16:08 | Report Abuse

don't laugh supermax.....greatech will soon be like supermax

Posted by Moneygame33 > 2021-03-15 16:10 | Report Abuse

investmalaysia8 @moneygame33, 要是不真确就好。股价就会上回来, 可不可以上会去之前那个价位就要看市场了。
15/03/2021 4:07 PM

我还要等他出第三代的 哈哈...要是之前买进便宜的就比较安心..

Posted by BostonMaxwell > 2021-03-15 16:10 | Report Abuse

https://youtu.be/MCFc1MvvvfU