
GREATEC 0208
PREV | CLOSE | CHANGE | HIGH | CLOSE |
---|---|---|---|---|
5.660 | 5.710 | +0.050 | 6.020 | 5.680 |
VOLUME | BUY VOL | BUY | SELL | SELL VOL |
---|---|---|---|---|
119,454 | 575 | 5.710 | 5.740 | 50 |
52 Weeks Range : 1.34 - 9.9
PREV | CLOSE | CHANGE | HIGH | CLOSE |
---|---|---|---|---|
5.660 | 5.710 | +0.050 | 6.020 | 5.680 |
VOLUME | BUY VOL | BUY | SELL | SELL VOL |
---|---|---|---|---|
119,454 | 575 | 5.710 | 5.740 | 50 |
The Star –
Greatech Technology Bhd has acquired a piece of land from the Penang Development Corp for the construction of a new operational facility. The plot, measuring 5.9011 acres, is located at the Batu Kawan Industrial Park. The company will utilise internally generated funds for the acquisition which will cost RM13.4mil. Greatech intends to relocate its manufacturing activities from Kedah to the new facility. Construction of the new facility is expected to commence by the end of the first quarter of 2021, and is expected to be completed by the end of the year.
BURSA MALAYSIA –
The Group’s revenue for the current financial quarter ended 30 June 2020 increased by RM3.48 million or 6.60% to RM56.22 million as compared to RM52.74 million in the preceding financial quarter ended 31 March 2020. The Group’s positive second quarter result is driven by the shipment of single automated equipment and provision of parts and services.
BURSA MALAYSIA –
The Group’s revenue for the current quarter decreased by 9.88% to RM52.74 million as compared to RM58.52 million in the preceding quarter ended 31 December 2019. The drop in revenue was mainly due to reduced customer support-related activities and order of parts from our Asia customer. PBT of the Group for the current quarter was RM18.80 million, compared to preceding quarter of RM20.97 million. The decrease in PBT was mainly due to the decrease in revenue as reflected by its corresponding GP figure.
BURSA MALAYSIA –
The Group’s revenue for the current quarter ended 31 December 2019 was RM58.52 million as compared to RM47.69 million in preceding quarter. The increase was mainly due to majority of the production line systems were assembled and delivered. PBT for the current quarter was RM20.97 million, compared to preceding quarter of RM13.05 million. The increase in PBT was mainly due to the increase in revenue and improvement in the Group’s operating efficiency as indicated by the increase in gross profit margin.
INVESTING MALAYSIA –
GREATEC 24 JAN 20 – RHB Retail Research said Greatech Technology Bhd may climb higher after posting a long white candle and hitting its new 52-week high.
Investing Malaysia –
Average investing volume for Greatech Technology Bhd in the past three months in stock market was 2548.6k lots
Investing Malaysia –
GREATEC gets a score of 0 in our equity and assets quality test based on current share price of RM3.42
Investing Malaysia –
Greatech Technology Bhd gets a score of 15.52 in our stability test after the balance sheet, money statement study
Investing Malaysia –
Stock code of 0208 in Bursa Malaysia did not propose any dividend for the past few years
Investing Malaysia –
GREATEC is estimated to have a profit consensus of 51.61 millions, with an adjusted market capitalization of 2078.32 millions