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Overview
Financial Highlight
HeadlinesBusiness Background Greatech Technology Bhd is an automation solution provider in the areas of factory automation. The company is a manufacturer of equipment that are used to automate processes in production lines. Its product ranges from single automated equipment up to a production line system which comprises multiple automated equipment. The products are used in manufacturing of solar modules, semiconductors and consumer electronics.
  GooShen Sell now. Tech is in bad shape. Big chip company also refuse to provide earning outlook for coming quarter. Very very bad head. 24/04/2020 11:20 AM  samshiro https://www.theedgemarkets.com/article/businesses-allowed-operate-during-mco-go-full-capacity-tomorrow 28/04/2020 5:59 PM GooShen Sell now. Who touch who make loss. Big shark pump and dump this morning. 05/05/2020 12:33 PM Jeju88 GooShen, you r right this time. Everyone quiet here. All running to buy gloves. 14/05/2020 4:48 PM PresidentRotiCanai Semiconductor industry that is benefited from 5G and also the counters that being MENTIONED (not BUY CALL) by Peter Lim from Equity Tracker. 1)Telcom segment (fixed line player) - Timedotcom and TM 2)Companies that produce test socket for chips - JFTECH, FPGROUP 3)ATE segment - didnt mentioned 4)Companies that produce metal to build tower (fabrication) - didnt mentioned 5)Companies that build 5G metal structure - Rohas, Mestron 6)Chips maker that related to telco equipment (not relate to handset) He also mentioned that EMS player is not benefited at all from the value chain. 20/05/2020 1:07 PM Newbie318 Guys,miss Greatec have not declare any bonus or special dividen or free warrant since listing june 2019. Price have gagged up alot from ipo price. Uwc have already declared bonus. 22/05/2020 9:45 AM Newbie318 Hopefully the management will arrange something good for all the loyal investor here.ha ha.. 22/05/2020 9:50 AM  Mabel Minggu ini Bursa cukup cantik Banyak sahabat sahabat Gloves cukup gembira Cuma masih terkilan Greatec belum terbang naik Saya yakin dia akan naik lepas raya.. Selamat Hari Raya Semua! Meow Meow Meow 22/05/2020 11:45 PM Nowyouseeme888 Several good news we can expect from the coming few quarterly reports. 1. Increase in total revenue Year on Year From Q4 2019 quarter report released in March 2019, it was stated that "The order book for the Group stood at RM215 million as at 31 January 2020. With that, the Group continues to increase and focus on processing these orders that will eventually be contributing to the revenue in the fiscal year 2020." For FY2019 total revenue is also RM 215 million. Meaning to say at the end of January 2020 Greatech has already secured order book amount which is similar to FY2019. Revenue FY2020: RM 215 million (secured) Revenue FY2019: RM 215 million For QoQ comparison, revenue might drop/flat as Greatech is a cyclical business. For example machine installation normally completed in Q4 and Q4 should record the highest revenue while Q1 is mainly focused on tendering, research, material sourcing, and machine designing work. 2. Benefits from weaker ringgits Similar to export businesses such as MI Techno and Dufu, Greatech is expected to benefit from weak ringgits and enjoy a forex gain in this coming quarter report released on next week. 23/05/2020 11:41 AM Jeju88 Wed, 27 May - Dow soars 553 points on mounting optimism around a strong economic recovery 28/05/2020 7:12 AM  richard kh wong @Jeju88 Company got more cash in hand, and they are confident of their prospect. It's neither good or bad for us.(Just my own opinion.) 29/05/2020 5:34 PM  | |
