KLSE (MYR): GHLSYS (0021)
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Last Price
1.07
Today's Change
0.00 (0.00%)
Day's Change
1.07 - 1.07
Trading Volume
228,200
2024-07-26
2024-07-25
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2024-07-25
2024-07-24
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2024-07-18
2024-07-18
Xcalibre
495 posts
Posted by Xcalibre > 2024-03-05 10:42 | Report Abuse
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.