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GREATECH TECHNOLOGY BERHADGREATECH TECHNOLOGY BERHADGREATECH TECHNOLOGY BERHAD

GREATECH TECHNOLOGY BERHAD

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GREATEC trade ideas

Greatech Technology - Breakout of Previous High - Target Rm6-7Another Malaysian semiconductor play. P/S: I don't read message and comments. Stop reaching out to me. You need to figure out things on your own. I am very busy and I don't have time to response. There are many more important things in life, trading and investing is not part of that. You can earn enough money if you have the right skills and jobs and I would rather people work hard than gambling in the financial market. Financial market are for those people who are willing to put enough time and efforts and have mental capacity. It is not for everyone. The reasons why I share charts are just to show how the market works and operate, then it is up to you whether to pursue further or not. Regards.
MYX:GREATECEducation
by UnknownUnicorn735418
GREATEC - 34% Potential to ATH and beyondGreatech is one of my favorite stock to pick when it comes to technology sectoral play. Great net cash driven company, solid fundamental and very good sustainable project. Fundamentally: P/E: 31.37 ROE: 28% Heavy net cash, with solid balance sheet and good profitbility. Their major customer is First Solar, a US listed company which constitute of more than 80% of Greatech's revenue. Therefore, the prospects of Greatec's business is highly dependent on the demand and the performance of the solar sector. Recent COVID-19 have impacting the demand based on the US condition during COVID-19, but the technology is there to support future and beyond given more awareness to green technology. Looking at the US where it started to re-open back the businesses, i do think the undervalued state during COVID-19 will immediately turned the other side. Technically even reaching to ATH with potential return of 34% and beyond. This is a very good company to invest for long term.
MYX:GREATECLong
by mahsyarsaid
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