Greatech Technology Bhd.
做多

GREATEC - 34% Potential to ATH and beyond

357
Greatech 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.

免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。