Report
EUR 12.77 For Business Accounts Only

Increased risk weighs on GREATECH TECHNOLOGY, penalising its rating down to Neutral

The independent financial analyst theScreener just lowered the general evaluation of GREATECH TECHNOLOGY (MY), active in the Industrial Machinery industry. As regards its fundamental valuation, the title still shows 1 out of 4 possible stars. Its market behaviour, however, has slightly deteriorated and will be qualified as moderately risky moving forward. theScreener considers that these new qualifications justify an overall rating downgrade to Neutral. As of the analysis date February 4, 2022, the closing price was MYR 5.18 and its target price was estimated at MYR 4.82.
Underlying
Greatech Technology

Greatech Technology Berhad is a Malaysia-based company that manufactures automated equipment. The Company's automated equipment are used in the manufacturing of solar cells, solar modules, semiconductors and consumer electronics. Its range of products are segmented as single automated equipment, production line systems (comprising multiple automated equipment), and provision of parts and services. Its single automated equipment types include material handling equipment, assembly equipment, and inspection and measurement equipment. Its production line systems include interlayer pick and place system, cover glass pairing system, air knife curing system, air blast drying system, tape application or removal system, pick and place system, HiPot testing system, junction box cable-pull system, pack-out system, framing system and Labelling system. It provides parts and services, such as spare kits, plates, metal racks and other fabricated metal parts.

Provider
TheScreener
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