Kenanga analyst maintains forecast TP of RM0.88 and OUTPERFORM call.
GHLSYS guided for a strong 4QFY23 on: (i) RM1b e-wallet credits dished out via the eMadani initiative, and (ii) higher foreigners’ spending in Malaysia thanks to a 30-day visa-free entry for Chinese and Indian visitors from 1 Dec 2023. It has started direct merchant acquisition in the Philippines and will do the same in Thailand by end- 2023.
Analyst likes GHL for: (i) being the largest player in Malaysia’s terminal payment business, (ii) its venture into the buy now pay later (BNPL) scheme, and (iii) having a growing presence in neighbouring countries. Maintain OUTPERFORM.
Ghl is one of analysts top picks with 6 Buy calls (out of 7 calls) with 40% upside amid growing efforts in e-commerce payment, buy now-pay later scheme (BPNL), and international ventures.
Good price to collect.. there are 14 Buy calls! Upside of at least 30%!
GHLSYS remains sanguine on an elevated transaction payment volume (TPV) moving into 1QFY24 backed by the RM1b e-Madani cash handout. It indicated that its business upgrading expenses (c. RM12.8m) incurred was one-off in nature to support product offerings. Kenanga maintain our forecasts, TP of RM0.88 and OUTPERFORM call.
Kenanga came away from GHLSYS’s post-4QFY23 briefing feeling reassured of its near-term prospects.
If you heard all banks calling for buy, means retailer should sell. It's their opportunity for banks to sell higher not for retailers. Additionally, PE is very high. The growth is there but slow. Collecting for long term, yes. Collecting for short, no.
TQ for honest advise sten still, unlike most of them who work for bank/institution..do you mean kenanga play short term and dispose to albiza who play long term?..i like to know how actually malaysian market work
Buy calls are all skewed to the advantage of who's making the call. Do your own charts and see. Right now, it is still heading downwards with no indications of a positive reversal. Charting is not 100% accurate but at least it protects against herd mentality.
interesting dividend resume 0.02ct ex 15 April (3.25%) -2nd best dividend yield in Digital group trading volume rising at bottom dumping or collecting? something is brewing good or bad? 😎
RM0.02 dividend (3.25%) will ex on 15/4/24 question 1: who is willing to sell tickets with instant loss of 2ct? question 2: then who is eating the tickets with instant gain of 2ct? question 3: is the company fundamental business good or bad? question 4: is the current share price overvalued? question 5: is 2ct dividend (3.25%) meet your expectation? question 6: do you think the revenue and profit will continue to surge in future?
technically thinking when trading volume surge up it always will followed by BIG price movement i believe it will happen after ex let's monitor😎
Posted by TiffanixLVxHermes > 1 week ago | Report Abuse technically thinking when trading volume surge up it always will followed by BIG price movement i believe it will happen after ex let's monitor😎
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
bowman
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Posted by bowman > 2023-11-22 16:00 | Report Abuse
should breach 80sen next week as qtr results come near. Looking at past quarter results, this coming qtr should be even better.