| |
Overview
Financial HighlightHeadlines
Business Background GFM Services Bhd is engaged in investment holding company. Its core business is in providing Facilities Management services, which includes both hard and soft service offerings such as civil & structural plumbing, electrical systems, landscaping, and mechanical systems, amongst others. It also offers Facility Consultancy and Advisory services which are the specialist advisory arm of the Group.
![]() Bangsabursa Still x paham kenapa orang kata bad close. Please know that previous resistance is 340. Now the resistance has become support level (RBS). 345 is good start for next week. It's just the basic level of TA. Similar to the son previous resistance is 120, closing at 125 is good enough. 10/04/2021 1:36 AM reezdragon85 This pp show very promising prospect for the company. If you hold long term it will shoot up nicely. 10/04/2021 1:44 AM Bangsabursa Please read the announcement carefully. Where do you get the 26ct pp price? 10/04/2021 1:59 AM zarul_syaz New pp for new project? TA n Fa also looks good. Lets start the engine 10/04/2021 7:12 AM wallstreetrookie I only see negative news in the 7m contract. That’s not enough for turnaround. Don’t talk about technical analysis. FA fail this company 10/04/2021 10:30 AM Seiran Saham GFM akan mencanak minggu depan, at least dua minggu UP bos sebelum flat https://www.theedgemarkets.com/article/gfm-services-raise-rm47m-private-placement-working-capital-new-biz-opportunity 10/04/2021 12:18 PM Seiran Baca juga yang ni, GFM ni https://www.theedgemarkets.com/article/igb-reit-kerjaya-prospek-tcs-mmc-corp-menang-corp-gfm-services-tfp-solutions-cocoaland-and 10/04/2021 12:22 PM Anisdesanika Next week fly...Monday if opening red,will top up another 100 lot... Huat huat huat...hehehe... 10/04/2021 2:13 PM wallstreetrookie Because what you’re looking at is the current revenue and profit margins. What I’m looking at is the historical earnings. Revenue is on an exponential decline and the company is sitting on a mountain on debt. 10/04/2021 4:34 PM wallstreetrookie I’m waiting for enough catalyst for turnaround opportunities. This company used to be a favourite for foreign investors but that was a long long time ago. Let bygones be bygones 10/04/2021 4:34 PM Anisdesanika wallstreetrookie has every right to be alarmed.He's been an advocate for gfm for so long.Really appreciate your views on this company.We only been here this year so we don't really know about gfm's past. 10/04/2021 5:27 PM OneSmallStep Revenue is on the exponential decline? Are we looking at the same figures? About debt, I m not sure. 10/04/2021 8:33 PM arcadicus https://www.theedgemarkets.com/article/igb-reit-kerjaya-prospek-tcs-mmc-corp-menang-corp-gfm-services-tfp-solutions-cocoaland-and 11/04/2021 2:21 PM ahwong95 wallstreetrookie acts like he is a pro. GFM is never a foreign investor favourite, I dont know how he get this judgement. 11/04/2021 3:03 PM Silly_money Wallstreetrookie revenue declines exponentially?? Wonder where you pluck your data https://www.klsescreener.com/detail.php?code=0039 11/04/2021 7:31 PM wallstreetrookie @ahwong95 ahem Watch the substantial shareholder’s trading volume in 2007. I know what I’m talking about lmao. You think GFM hit RM22 without foreign investors? Goldman Sachs was the key figure behind the pump and dump before the financial crisis. 11/04/2021 9:02 PM wallstreetrookie @Silly_money I haven’t gone into detail yet. Latest earnings is very spectacular for sure. Growth YoY profit margin, EPS, etc. But the company is still sitting on debt based on a ~3 debt to equity ratio. I am calling the recent Private Placement move to “raise capital for business plans” BS because it’s clearly part of the plan to pay or reduce its debt. On declining revenue, I might have made some mistake on this part. My investment strategy mainly revolves around identifying turnaround opportunities instead of buying the dip based on technical analysis. To counter some flaws and inconsistencies in my earlier comments, within the short term, the company does have marginally improved financial health but still not enough to impress foreign investors. Revenue in 2016 (in millions) : 92.08 Revenue in 2020 end of fiscal year: 116.87 21% growth Adjusted EBITDA 2016 - 19.58 2017 - 17.99 2018 - 16.12 2019 - 39.41 20/0 - 43.87 Adjusted Net Income 2016- 13.04 2017 - 10.86 2018 - 7.40 2019 - 5.93 2020 - 8.40 Adjusted basic EPS 2016 - 0.03 2017 - 0.03 2018 - 0.02 2019 - 0.01 2020 - 0.02 As you can see, the latest earnings look good on the surface level, but compared to previous years, it’s insufficient to prove a successful turnaround for the company in order to boost financial health and retain shareholder value. 11/04/2021 9:21 PM Anisdesanika wallstreetrookie i do agree with u'r opinion dat gfm is not attractive enough for foreign investors.But i do believe dat dis new management of gfm is doing a very good job to reduce debt & securing new contracts. Let's give them a chance ya... 11/04/2021 10:01 PM OneSmallStep @wallstreetrookie... Thanks for providing your sides of argument (and to admit mistake). My hat off to you. Thank again. 12/04/2021 1:24 AM Seiran Reply to harithalwi15, In my 10years involvement in stocks market, I haven't heard anything like "hope analysis", would you please explain to us all, what is it all about? I will appreciate your reply 12/04/2021 11:57 AM harithalwi15 Seiran I made it up.. We know it is hard to LU but we are hoping that it will limit up everyday. Hahaha 12/04/2021 2:19 PM Seiran Reply to harithalwi, So u mean it's not analysis method? I see, thank u for ur answer 12/04/2021 2:36 PM TeeJian I hope you understand the actual meaning of limit up. Im wondering why many people in Kl3e investor forum always talk about limit up? That event rarely occur in bursa. 12/04/2021 3:07 PM Seiran Reply to harithalwi15, If it is not an analysis method, so do not misleading people by saying it's an analysis, new investors will confuse. I hope you accept my advice. Do not made up analysis name if it's not true. Sincere advise to harithalwi15 13/04/2021 3:07 PM ahwong95 @wallstreetrookie do you know what is reverse takeover? GFM is only listed on 2017, and you are saying 2007? Can you google properly before talking shit? 13/04/2021 9:17 PM ![]() ![]() | |