nazr011's comment on GENETEC. All Comments

nazr011
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Look what I found.

The Ministry of Energy Transition and Water Transformation (PETRA) announced the Large Scale Solar (LSS-6) bidding round for the second quarter of 2025, with a separate bidding round for energy storage systems scheduled for the third quarter of 2025.

Malaysia has committed to achieving a 70% renewable energy mix by 2050, necessitating massive investments in clean energy infrastructure and grid modernization projects

Tenaga Nasional Berhad (TNB), Malaysia's national utility company, has earmarked RM43 billion (approximately $9.1 billion) to upgrade the national grid infrastructure. This investment will incorporate artificial intelligence (AI) and battery energy storage systems to build greater resilience and flexibility for the future

Table: Timeline of Key Developments in Malaysia's Energy Storage Market
Timeframe/Key Developments/Expected Impact
2QFY25; LSS6 bidding round;Additional solar capacity requiring storage
3QFY25; PETRA storage bidding round;Further utility-scale storage deployment
2026; Nenggiri Hydroelectric Plant operational;300 MW of flexible capacity to complement storage
2026 onwards; Continued storage deployment;Progress toward 70% RE target by 2050

Lets see if Genetec can drop to 37.5 sen.
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Choi Lin Wong
see can buy... 50, sir any further downside.
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nazr011
This BESS thing will be GENETEC recurring income until 2030.
https://www.st.gov.my/eng/web/industry/details/2/26
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Choi Lin Wong
bess thing recurring income till 2030 is slowly abt 5years
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nazr011
Genetec should pursue international certifications (UL1973, UL9540A, IEC62133) to enhance export potential & For Leverage first-mover advantage to establish domestic market leadership.
Go to TuV Rheinland for Battery Storage certification!!! The China one.
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Choi Lin Wong
sir, nazr011 that buy at high level, wish can leverage still not bottom yet?
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nazr011
I already caught 53. If you want to short, its little too late for that now.
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Choi Lin Wong
time was caught 92. that wanna average abit, still see go lower.
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nazr011
Choi, I think you need to take another approach to do this. Consider this. When they stop falling, buy. Sell when stop rising. REPEAT. Until you get back your money. The rest is up to you.
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