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Start small, dream big, and embrace the key to success with GENETEC.
My fellow GENETEC shareholders. We are investing & making the future better. We are not milking the cash from a mature or sunset industry.
How's the billing work? Why GENETIC cash flow negative? Why
GENETIC free cash flow negative? Why GENETIC Receivable so high?
You can get the answerhere from the management briefing.
Musk continued his address with an uplifting message about the future, telling workers that what they're doing really matters and will have a significant effect in making a world a better place.
"I think it's worth remembering that every car that we make is a step in the direction of a sustainable future. The thing about this factory and the cars that we make is that it gives people hope about the future.
It's very important to have reasons to be excited about the future because often people are depressed or sad about the future cause they thing it won't be good. But what we're doing here is, with every car we make, with every battery we make, we're making the future better."
Genetec A baby stepOur topline is now merely a 9 figure per year. To achieve what presented in the battery day... our topline will need to growth to 10 ~ 12 figure on next few years. hopefully, we can reach our goal by 2030.
In this process, we need to tap on various source to fund the project be it from operating cash flow, bank financing, or raise some equity.
We committed to Elon's idea and making a better world for next generation.
our CFO will need to work hard to secure the cash flow to meet our working capital requirement & delivering our order book.
29/03/2022 8:51 AM
SsleeYour company look like a pump and dump to milk the ikan bilis.
24-Dec-2021 07-Jan-2022BONUS_ISSUEBonus Issue12.0000 : 1.0000 09-May-2016 19-May-2016CONSOLIDATIONShare consolidate10 : 1 So the cycle repeat. Bonus to dump then consolidate to pump
Please do a Due-D on my company product. You can spent some time to talk to industry stakeholder and see what we have been doing on last few years.
Many industry players visited our production line. 4680 is going for mass production. They can either do a better line or source the same line from us which have been deployed to the GIGA factory.
You can always study and gather info on this.
I am confidence we play our role and contribute to the supply chain and make a better world.
29/03/2022 9:27 AM
SsleeNo owner will promote his own company share price as Genetec RM4.80 and wrote so many promotion articles in i3 forum when the company have no record and FCF to show unless he has other ulterior motive.
29/03/2022 9:37 AM
Genetec A baby stepI am sharing the company prospect and I am every excited on the future. I have faith on what we are doing -- we gives people hope about the future.
All the articles I share is about the fact & figure that shall benefit the investment community.
4.80 is from a professional analyst. not from me.
all owner is promoting their own company in i3 - as far as i seen. it is nature that human promote what they believe. please take note that, all shareholder is the owner of the company. Or, co-own the company.
Again, Please do a Due-D on my company product. You can spent some time to talk to industry stakeholder and see what we have been doing on last few years.
29/03/2022 9:44 AM
Genetec A baby stepThe one sit beside me right now asking why I so busy to answer you.
It make me think. My answer to her is I like your profile photo. It is my fantasy -- I am talking to the one in your profile photo. If you are him, we can have a cup of coffee. pm me. i ask my PA arrange.
29/03/2022 9:47 AM
Windy1974Genetec. I am interested to invest RM1B in Genetec. Please elaborate what Genetec supplies for my buddy Elon? Me and Elon are FB buddy
29/03/2022 9:56 AM
Genetec A baby stepYou can ask Elon his comment on our product. His staff is impressed. share with me his view.
SsleeGenetec RM4.80 if your CFO run out of bank to borrow money then I can recommend him to Insas CEO Dato' Wong to borrow money from Insas Credit & Leasing.
By the way you are also welcome to apply margin finance from Insas Credit & Leasing to all in Genetec.
29/03/2022 4:03 PM
Genetec A baby stepmy CFO is doing his job. you can check our financing cost. Our banker are very supportive.
I know the fact that our share capital is relatively small compare to the working capital we need. I believe they support Customer T and play their part to help human to create better future.
a cheap financing support is important to make sure we can deliver the product as low cost as possible. it can help to create a cheap end product and convert everyone to clean energy. it is very critical if you spare some time to read in this issue.
29/03/2022 6:03 PM
Genetec A baby stepI am not sure 4.80 is a joke or not. it is from professional analyst. I have no idea how he work out the number.
RM4.80 is around MYR 3.2B market cap. I am sure I won't sell GENE with MYR3.2B.
I think MYR 3.2B is way too cheap if we able to deliver as per plan. You can argue - If we fail, it might worth nothing. I believe we will success and help everyone to move to better future.
I think I am in no position to argue the target price with you. It is the analyst / financial investor job. This should be the i3 "investors" forte.
Give GENE another few years and we will see. I hope we can achieve the plan as presented on the Battery Day.
When we have to deliver 10-12 figure order book per year, how much should you price GENE market cap? please enlighten me.
29/03/2022 6:10 PM
Genetec A baby stepOne question to everyone - what if Elon not start TESLA and SpaceX but buying a business with plenty of Free Cash Flow?
It might be a good option for him to retire with more than USD 1 billion?
What's money? It is a tools to built a better world. I always remember this.
29/03/2022 6:14 PM
Genetec A baby stepPlease spent 2 hours on this https://klse1.i3investor.com/blogs/genetec_rm400/2022-03-29-story-h1620532245-My_fellow_GENETEC_shareholders_What_is_Customer_T_plan_on_battery.jsp
29/03/2022 6:22 PM
Genetec A baby stepIt need many improvement to deliver a good & cheap battery. Battery is the key for future green energy.
In long term, most of civilization's energy is going to come from solar, and then you need to store it with battery because obviously the sun only shines during the day, and sometimes it is very cloudy. So you need solar batteries. That will be the main long-term way that civilization is powered.
It's not about competition. It's about working together to move us to green energy as fast as possible. ultimate goal is to save the mother earth.
29/03/2022 6:26 PM
Genetec A baby stepIF there is someone work on this 40 years ago but not let Elon to start it so late. Do you think PUTIN able to start the UKRAINE war?
29/03/2022 6:28 PM
SsleeI think MYR 3.2B is way too cheap if we able to deliver as per plan. You can argue - If we fail, it might worth nothing. I believe we will success and help everyone to move to better future.
So if you fail the bank will hold the baby and you still can enjoy your life but have you give any thought to those can't afford to lose all and what better future are you talking about to those lose all his/her hard earned money if the company fail???.
29/03/2022 7:36 PM
IncomeForget about Tesla. The real future is in Hydrogen economy… including hydrogen powered car. Battery powered car very soon will become OLD RELICS. Do not trust Elong Mask.
Genetec A baby stepHydrogen is a clean energy source by provided it is a green but not brown hydrogen.
Please study the process on green hydrogen and answer me why not store the energy in the battery (provided we can ramp up production to fill the huge demand) but convert the energy to green hydrogen then convert it again for the car?
What's the cost to for the whole process? Is the current supply chain able to support the mass production?
If you have done your study. please share.
30/03/2022 8:36 AM
Genetec A baby stepMr Yun-fat, Chow - in my humble opinion you should invest the excess cash but not the money you need to support the family. As a responsible father, please ensure you can generate enough for the kids, then you only touch the money for other things.
I think one should invest the excess cash and doing the best to make a better future for next generation.
Apart from that, diversification is very important in the investment process. Please consult the investment advisor on this. I am not qualify to give opinion.
30/03/2022 8:39 AM
Genetec A baby stepMr Yun-fat, Chow -- It is not only the business risk . Stock market is volatile.
You can see GENE share price drive up by market drastically and then follow by a huge correction.
Market is not 100% follow the company progress or performance. The company is in much more better shape now than few months ago when the stock price on the peak.
Now, our Customer T get the giga factory up in Berlin and then Texas. The 4680 is making a good progress and achieve a very high yield. Apart from that, Customer T is asking their supplier to source from us and they have visited Customer T plant and will make a visit to us soon.
We also having some new project from Customer T on ES and few other projects from new prospect.
You can watch our Customer T share price. it is very volatile too.
My humble opinion - Investing in good company then provide hope & good future. You need Excess Cash to stomach the volatility.
30/03/2022 8:46 AM
Sslee9 months end 31-12-21. Revenue: RM 164.8 million Trade receivables: RM 146.1 million Other receivables: RM 16.1 million Inventories: RM 43.9 million. Current liabilities RM 117 million
@Genetec RM4.80, Numbers don't lie, but people do. If a business cannot generate FCF that business won't last long.
Quote, "Apart from that, diversification is very important in the investment process. Please consult the investment advisor on this. I am not qualify to give opinion." unquote
My question since you are not qualify to give opinion then can you please stop writing and published your one sided promoting articles?
I spent time and explain to you GENE is taking its baby step to help to move us to green energy. Nothing is free. When we growth the topline, we need working capital.
When we grow the topline from 7figure to 8, 9, 10, 11, 12 figure, it will need more and more working capital. We are re-investing the profit we get to a bigger growth - that will benefit all of us.
I urger you spent 2 hours on this https://klse1.i3investor.com/blogs/genetec_rm400/2022-03-29-story-h1620532245-My_fellow_GENETEC_shareholders_What_is_Customer_T_plan_on_battery.jsp
You will know why it is important...
If no one invest for future, where is the hope? You want everyone to put in FCF business and what will you left for your kids? Non stop extracting oil from the poor mother earth?
"I think it's worth remembering that every car that we make is a step in the direction of a sustainable future. The thing about this factory and the cars that we make is that it gives people hope about the future.
It's very important to have reasons to be excited about the future because often people are depressed or sad about the future cause they thing it won't be good. But what we're doing here is, with every car we make, with every battery we make, we're making the future better."
Am I not allowed to share the fact & promote something goods for future generation?
30/03/2022 9:39 AM
Genetec A baby stepI am not qualify to give opinion how one can allocate his investment to different asset class.
But, it wont stop me to know what is a good investment for the future.
I am not agree everyone is holding the capital to traditional business & milking the cash. Human need transform.
30/03/2022 9:42 AM
SsleeAre you kidding me, you are trying to move us to green energy, saving earth and promote something goods for future generation?
You are nothing more than promoting Genetec so that someone can buy high from you.
Dare to share with us how many share are you holding Genetec and at what cost?
30/03/2022 9:48 AM
Genetec A baby stepSomeone's sitting in the shade today because someone planted a tree a long time ago.
In this moment, I don't plan to sell any ESG stock in my portfolio. I am paring down old industry and moving my allocation to ESG stock from time to time.
I was holding Tesla and Genetec many years ago and accumulating more and more.
30/03/2022 9:51 AM
Genetec A baby stepWhy are you using Mr Yun-fat, Chow profile photo? Are you him? Or, are you related to him?
30/03/2022 9:54 AM
SsleeMr. Chow is my idol as I like to watch his movie.
By the way battery is not a clean energy. Battery is just a man made devices to store electrical energy. Battery need a lot of resources ie heavy metal and comsume a lot of energy to make. And used battery need to dispose properly otherwise the heavy metal will contaiminate the earth, going into food we eat and air we breate and cause health hazard to human being.
Genetec A baby stephave you watch? https://klse1.i3investor.com/blogs/genetec_rm400/2022-03-29-story-h1620532245-My_fellow_GENETEC_shareholders_What_is_Customer_T_plan_on_battery.jsp
We need battery to store the energy. This is the reason why we need to transform and have a better battery. In long term, most of civilization's energy is going to come from solar, and then you need to store it with battery because obviously the sun only shines during the day, and sometimes it is very cloudy. So you need solar batteries. That will be the main long-term way that civilization is powered.
Someone's sitting in the shade today because someone planted a tree a long time ago. we need to invest and fix the issue but not leave it to our kids.
30/03/2022 10:16 AM
Genetec A baby stepRechargeable batteries have become widely used in many applications - led, phone, watch, and even CAR.
However, there is very slow and small improvements in batteries technologies. you can see some good idea here https://klse1.i3investor.com/blogs/genetec_rm400/2022-03-29-story-h1620532245-My_fellow_GENETEC_shareholders_What_is_Customer_T_plan_on_battery.jsp
it need huge effort to achieve it..
I am looking forward Megapack & powerwall become common in our world. a lot of things will be very different by then.
GENE is taking part on this too. Please don't complain we investing the cash for megapack.
30/03/2022 10:22 AM
Genetec A baby stephttps://klse1.i3investor.com/blogs/genetec_rm400/2022-03-30-story-h1620536124-For_knowledge_sharing_how_T_handle_old_batteries.jsp
30/03/2022 10:24 AM
SsleeSometime I just wonder do you read the quaterly financial report before you talk big about grow the topline from 7figure to 8, 9, 10, 11, 12 figure. When the figure showed: 9 months end 31-12-21. Revenue: RM 164.8 million Trade receivables: RM 146.1 million Other receivables: RM 16.1 million Inventories: RM 43.9 million. Current liabilities RM 117 million
You cannot even collect your trade receivables and you have no cash or plan for capital commitment expansion.
Look like and sound like a pump and dump job trying to scam the newbies hard earned money.
It's our Customer CCC management and we need to use the product to fund the project. It's a very long journey from a baby step now until we convert everyone to green energy.
My CFO is working very hard to deal with 100x sslee from banker especially the risk control guy.
You can check our trade financing and the cost of money.
I already told you it is not a FCF business and why it is important to invest for future.
If you are wealthy, you should invest to create a better place. Money is as good as the number if not put in good use.
There is no future when EVERYONE just keep the cash or looking to milk more cash from the sick economy.
Please read my reply to you on https://klse1.i3investor.com/servlets/forum/600703528.jsp
30/03/2022 11:16 AM
Genetec A baby stepI suggest you to share the company you invested and how they generate FCF. From there, we will see how the money flow.
30/03/2022 11:20 AM
soon2795Hi Genetec RM4.80. Talking about your point that investing in future is better than investing in good FCF business I would like to share with you my story.
In the mid 2014, there is a big hype where Financial Technology is the future, so many people has placed their money on Fintec stock at that time. As this stock was recommended by my relatives, my parents has also placed a substantial amount of their hard earned money in this stock, believing that this company will grow in the future.
Alas, see what happen to this stock now.
I'm not saying that Genetec will definitely face the same situation but situation like this maybe the reason why some people has shifted to investing in FCF business.
I think as long you can show a valid proof that Genetec is indeed Mr T customer (MITI visiting Genetec doesn't count), I think Sslee will not argue with you on this matter.
30/03/2022 11:48 AM
914601117Genetec overrated and over priced. My fair value RM1.20
I am not impressed by so call fintech because (1) I don't think we should let robot or AI to handle the money. we human should make the decision on how to make good use of the money. in my case, i always argue we should put money to built a better future
(2) some startup promoting to use fintech to serve the unbankable by offering a high interest loan with 7%, 8% 9%, 10% or even 15% interest. I consider it as loan shark business.
in my humble opinion you should invest the excess cash but not all the money you need to support the family. I still think one should invest the excess cash and doing the best to make a better future for next generation.
Apart from that, diversification is very important in the investment process. Please consult the investment advisor on asset allocation based on your own risk profile & investment goal. I am not qualify to give opinion.
Please do a Due-D on GENE product. You can spent some time to talk to industry stakeholder, our banker, Gov agency, our supplier to see what we have been doing on last few years. Don't take anyone word as it is. Don't believe anyone show you any prove until you can verify it.
As far as my knowledge - as of end of last year, GENE is the only Malaysia solution provider enter into the Customer T supply chain. Something that we should proud of.
I am happy to see if more and more local player able to be part of the supply chain. I am looking forward to have more opportunity to invest on them.
30/03/2022 4:40 PM
Genetec A baby stepmy fellow genetec shareholder, if you interest to learn more on BEV vs Hydrogen
SsleeYou can check our trade financing and the cost of money.
Are you sure your CFO is not sleeping on the job for the past 9 months when he allowed trade receivables to grow to RM 146.1 million with revenue of RM 164.8 million. And meanwhile net drawdown bank borrowings RM 55.45 million and incur interest payment of RM 1.192 million.
It's our Customer CCC management and we need to use the product to fund the project.
Please read my reply to you on https://klse1.i3investor.com/blogs/genetec_rm400/2022-03-28-story-h1620504193-My_fellow_GENETEC_shareholders_We_are_making_the_future_better_We_are_n.jsp
and https://klse1.i3investor.com/servlets/forum/600703528.jsp?ftp=1
30/03/2022 5:45 PM
SsleeSometime I suspect you cut and paste without understand what you paste:
50% payment on 10 to 12 weeks 30% payment on 13 to 24 weeks 20% payment on 25 to 36 weeks
So please do your calculation why the figure: 9 months end 31-12-2021. Revenue: RM 164.8 million (Q1 40.3: Q2 59.3 and Q3 65.3) Trade receivables: RM 146.1 million The trade receivables is 146.1/164.8 = 88.7% of total revenue.
30/03/2022 6:02 PM
SsleeAnd by the way I am shocked your company did not demand a downpayment before you shipped out the equipments to customer site for installation.
As I reply to you earlier, please refer to point [2] https://klse1.i3investor.com/blogs/genetec_rm400/2022-01-30-story-h1598246626-GENETEC_I_have_no_worry_on_the_cash_flow_Customer_T_is_world_class_EV_p.jsp
30/03/2022 6:37 PM
Genetec A baby stepFor knowledge sharing - Everything you need to know about electric car batteries https://klse1.i3investor.com/blogs/genetec_rm400/2022-03-30-story-h1620559123-For_knowledge_sharing_Everything_you_need_to_know_about_electric_car_ba.jsp
30/03/2022 6:51 PM
Genetec A baby stepFor knowledge sharing - Batteries are a key part of the energy transition. Here’s why https://klse1.i3investor.com/blogs/genetec_rm400/2022-03-30-story-h1620559124-For_knowledge_sharing_Batteries_are_a_key_part_of_the_energy_transition.jsp
30/03/2022 6:53 PM
Genetec A baby stepFor knowledge sharing - The Economics of Tesla’s Batteries Business https://klse1.i3investor.com/blogs/genetec_rm400/2022-03-30-story-h1620559125-For_knowledge_sharing_The_Economics_of_Tesla_s_Batteries_Business.jsp
30/03/2022 6:56 PM
SsleePlease allow me to do the math. You should already collected 80% of Q1 revenue 50% of Q2 revenue and none of Q3 revenue. So your trade receivables should be (0.2X40.3 + 0.5X59.3 + 65.3) = RM 103 million.
So why the trade receivables is RM 146.1 million.
May I know why customers do not pay any downpayment during contract signing or LC against shipping document?
30/03/2022 7:42 PM
csanfrom the increase in receivables, one can tell easily that the so-called 50% payment after 12 weeks did not come in.
