keypoint 1)The group’s strategy is to grow the TPA and other businesses that have a strong recurring annuity-based revenue and at the same time to continue to support our main bank customers with their hardware and software requirements.
3)Main business in 1)Malaysia> Philippines> thailand
4) Another cost cutting in Cambodia and indonesia. (good news, cause investment in cambodia is plainly bad strategic)
5) Main customer is bank. bank good GHL good, bank bad GHL bad.
6) GHL won case against Bestinet Sdn. Bhd. (breach of contract, loss of profit 1.855m, major bad debt write off should came from here).
So far GHL is still a healthy company with potential grow in mid 2021. imo : GHL is smoothing books, record all negative event on Q42020, and there will be good grow in 2021.
Correct me if any information is incorrect or overlooked
GHL is better when you exclude RM6.1 m of fair value loss on contingency consideration related to the acquisition of Paysys and RM11.9 m write-off of the Group’s investment in 1Q. EPS would be 2.68 sen , PE is 64.93. Revenue eps is 1.64, and PE is 105.
i buy both GHL and Revenue. But i feel from now on ... it seems for the longer term.. REv is gonna eat into GHL market share more and more and so the potential upside for Revenue will be higher compared to GHL... anyway, i could be wrong.. because they are not sharing a stagnant pie... they are sharing a growing pie.
I would never buy a company with "Urusharta Jamah" like wtf is this shareholder. Suppresing the share price when the fintech sector is on an uptrend. Manipulation
If the company beats earnings next quarter, I would buy a lot. By far the highest market penetration in terms of terminal payment. Even better than its counterpart, Revenue Group. Long term hold
GHLSys upgrade to Overweight. Short term price target: RM2.3 Long term price target: RM3.0 All-time high revenue, net profit, and higher-than-expected margins. We are bullish on the future of fintech as always and we think GHLSys is a better pick than Revenue Group due to its market penetration and industry partners.
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....
bananachacha
127 posts
Posted by bananachacha > 2021-02-16 14:50 | Report Abuse
Sign of mCO lifted