|Genetec (RM mil)||1H16||1H15||Change|
Its revenue increased 60% and earning rose by a whopping 660% YoY!
The bar chart below shows Genetec's historical revenue, PATAMI & contract value.
Its chairman was also changed to an American.
So, PATAMI will be roughly RM6mil for 1HFY16 (EPS 1.7sen base on 351.7mil shares).
Genetec Recent Contracts
|Date||Contract value (RM mil)|
|Jun 23, 15||27.3|
|Mar 10, 15||40.6|
|Nov 25, 14||27.7|
|Nov 3, 14||32.0|
|Sep 29, 14||41.9|
Higher HDD demand means that HDD manufacturers will be more willing to spend to improve their production efficiency such as automation.
This has lowered its net gearing significantly to 0.12x from 0.47x just 6 months ago.