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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.
  IMwhatIM Mr Tan Eng Kee, the founder of Greatec , is worth RM3.87 bil and is the 20th richest man in Malaysia. Congrats! I m sure Mr Tan will bring Greatec to greater heights. 20/02/2021 10:14 PM Penguin88 Thanks gemfinder for the report. However, we must use our judgement to read the report. The TP is based on 2022, and now we are just in Feb 2021. Market price now is RM6.22, meaning about 10% upside from now till 2022. Do you think upside is greater than downside or downside is greater than upside within this 22 months? Those want to chase now must consider baik baik the risk and reward. 21/02/2021 3:05 PM IMwhatIM The local research houses may not be able to see beyond what the mgt disclosed to them. Investors shld try to see beyond that. Perhaps making our own assessment as to how the mgt intends to develop and expand its business over the next 2-3 years. This would help us assess its TPs This will help investors to feel if the company is growing in a big way in the future, bearing in mind that Greatec is a young company... a virgin company, i would put it. I am very sure Mr Tan would not share all his plans for Greatec with the research houses now. It is too premature. But this info will help us to better assess its future share prices. This is something to think about in your sleep tonight. 21/02/2021 10:08 PM IMwhatIM What i have written and suggested is beyond the ordinary stock market investors but you have to be able to think at that level in order to beat the market. 21/02/2021 10:27 PM Penguin88 IMwhatIM- I think your comments make sense only if you are a long term investor. (Not sure whether you are or not) The report alrdy projected high growth in revenue from 2021 onwards to come out the tp. I dont know how investor can see beyond fews year down the road as we cant even have the visibility in the coming year. Do you mind to share? 22/02/2021 2:39 PM  Mabel #gemfinder Public bank upgrade tp to 6.80 19/02/2021 10:29 PM Already in.. Nice Dividend Greatec still give me better return Meow 22/02/2021 5:18 PM sumochichi https://klse.i3investor.com/blogs/investorstalk/2021-02-23-story-h1541225532-Glove_vs_Non_glove_counters_what_investors_are_thinking.jsp 23/02/2021 2:11 AM GooShen USA market crashed Throes chase high, please don’t hide, share the feeling later Kikiki 23/02/2021 8:28 AM I3invest0r https://www.malaymail.com/news/money/2021/02/23/nasdaq-sp-500-end-lower-as-us-yields-rise-disney-lifts-dow/1952006 23/02/2021 7:22 PM Mabel US is always yoyo.. It depends if you are long term or short term players.. If it drops it's also an opportunity Meow 24/02/2021 7:26 AM IMwhatIM Big drop? Let it be. Let it be. Happy day for buyer. Sad day if you have to sell. 24/02/2021 8:46 AM RRWin89 US always yoyo i agree. but last night powell say no interest cut, soooo...hehe. 24/02/2021 8:48 AM PureBULL ... Mkt becomes ROUGH. I guess is due to news flow yesterday i.e. WHO said this crisis would end early 2021. New theme plays will appear next. This piece is causing some funds to act fast on rebalancing their portfolios. This QR will all be out by this Friday i.e. special: The end day of the week n also end of the month chart = Mr Mkt should take of it by this Friday. 24/02/2021 10:32 AM BostonMaxwell Dont touch tech sector yet... US banker started to take up their money from tech stock and but back bond... Definitely will retrace more 24/02/2021 2:52 PM denniszzbl this should keep at mid to long term, EV and solar division performing well and demanding. 25/02/2021 11:03 AM bongky Definitely holding this stock long term. Going to top up more whenever possible. 25/02/2021 2:50 PM IMwhatIM Who is this person Koay Lin Lin in Greatec? A director or departmental head? 25/02/2021 3:12 PM newbie2y IMwhatIM, according to the website, Ms Koay is the CFO of greatec..acquired over 100k shares on 24th.. 25/02/2021 5:11 PM handsome_newbie kikikikik poor dog, miss the boat and crying here... poor dog. very happy when see he comes out entertain us. kikikikiki 25/02/2021 6:20 PM IMwhatIM Tks newbie2y. I noticed a few times when a dept head or director acquires shares in the company, the share price will soon go up quite significantly. When Koay's acquisition was announced, the share price was RM6.00. That was just 2 days ago. 25/02/2021 9:29 PM newbie2y also saw mr khor bought from open market over 200k shares at over RM6.. https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3132157 i like the mgmt using their own pocket money to buy back, that shows that they are confident enough.. 25/02/2021 9:54 PM Xcalibre Stock futures are flat after Nasdaq suffers worst one-day loss since October 26/02/2021 9:12 AM Xcalibre https://www.cnbc.com/2021/02/25/why-stock-investors-are-starting-to-really-worry-about-rising-bond-yields.html Why stock investors are starting to really worry about rising bond yields 26/02/2021 9:49 AM IMwhatIM I very much doubt Greatec price will drop much even if there is a sector correction. I just have this strong feeling that Greatec's growth over next 2-3 years will be very impressive. The revenue growth may be 100-200% over the next 36 months. I have reasons to believe that the company is moving in that direction. 26/02/2021 1:34 PM IMwhatIM If you are a trader you may sell it and buy back, hopefully, at a lower price. As a long term investor i have a different view. I bought into this counter early 2020 with part of my semi-retirement fund. I sell bit by bit every month to pay for my household expenses. I prefer to manage my money this way than to open s savings acct where the interest rate is pathetic. If Greatec continues to grow and the share price continues to go up then this fund can pay for my living expenses over a much longer period. 26/02/2021 4:48 PM  |
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