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Hot Stock Genetec up 6% on new orders
by Cals Thu 12 Mar 2015, 01:00
Hot Stock
Genetec up 6% on new orders
By Chen Shaua Fui / theedgemarkets.com | March 11, 2015 : 11:49 AM MYT
KUALA LUMPUR (March 11): [size=14]Genetec Technology Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) rose 6.25% in active trading this morning after the company bagged some RM40.6 million in new orders which would contribute to its FY15 and FY16 earnings.
Genetec’s (Fundamental: 1.20; Valuation: 0.60) share price rose 1 sen to 17 sen as at 11.18am, with 13.3million shares changing hands. It is one of the most actively traded counters this morning.
Yesterday, the industrial system, equipment and services provider announced that it had bagged RM40.6 million in new orders from the group’s existing clients from the electronics, semiconductor and hard disk drive (HDD) industries, as well as the automotive and other industries.
(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)
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Genetec up 6% on new orders
By Chen Shaua Fui / theedgemarkets.com | March 11, 2015 : 11:49 AM MYT
KUALA LUMPUR (March 11): [size=14]Genetec Technology Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) rose 6.25% in active trading this morning after the company bagged some RM40.6 million in new orders which would contribute to its FY15 and FY16 earnings.
Genetec’s (Fundamental: 1.20; Valuation: 0.60) share price rose 1 sen to 17 sen as at 11.18am, with 13.3million shares changing hands. It is one of the most actively traded counters this morning.
Yesterday, the industrial system, equipment and services provider announced that it had bagged RM40.6 million in new orders from the group’s existing clients from the electronics, semiconductor and hard disk drive (HDD) industries, as well as the automotive and other industries.
(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)
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