GFM SERVICES BERHAD

KLSE (MYR): GFM (0039)

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Last Price

0.275

Today's Change

+0.025 (10.00%)

Day's Change

0.255 - 0.28

Trading Volume

15,372,300


4 people like this.

4,850 comment(s). Last comment by kllady_fidah 2 days ago

Khai Zam

419 posts

Posted by Khai Zam > 2023-02-15 11:11 | Report Abuse

extended sideways at the moment, accumulation phase

Ttrader

113 posts

Posted by Ttrader > 2023-02-16 15:27 | Report Abuse

Resistance 0.220 & 0.250
Support 0.18
TP 0.305
Tarikh dikeluarkan 16 feb 2023 (Khamis)
Masa 3.27petang

stainlyho37

2,242 posts

Posted by stainlyho37 > 2023-02-22 15:14 | Report Abuse

should turn green later..watch out..!!

Khai Zam

419 posts

Posted by Khai Zam > 2023-02-23 10:29 | Report Abuse

accumulate for incoming good qtr results

stainlyho37

2,242 posts

Posted by stainlyho37 > 2023-02-23 11:42 | Report Abuse

watch out...!

Khai Zam

419 posts

Posted by Khai Zam > 2023-02-27 10:38 | Report Abuse

today qtr result

stainlyho37

2,242 posts

Posted by stainlyho37 > 2023-02-27 14:31 | Report Abuse

just jump in some today...!!

stainlyho37

2,242 posts

Posted by stainlyho37 > 2023-02-28 12:13 | Report Abuse

qr today...see you at green...!!

ragrag

48 posts

Posted by ragrag > 2023-03-01 19:57 | Report Abuse

Hahah… red

TCH1186

888 posts

Posted by TCH1186 > 2023-03-03 09:37 | Report Abuse

this rubbish stock can joined together with sedania. both kena slap last time. useless shit.

Posted by trickskipper > 2023-03-04 13:34 | Report Abuse

ok. why u still here? poor kid

Posted by LuckyBertuah > 2023-03-05 10:02 | Report Abuse

GFM = KP MUKAH SDN BHD = BELANJAWAN 2023 SARAWAK...harap betul la.....fuhhhhhh....flyyyyy

weUH888

72 posts

Posted by weUH888 > 2023-03-06 10:05 | Report Abuse

Others stock fly , only this sleep, run and buy others will be better, see u guys.

awufaisal

101 posts

Posted by awufaisal > 2023-03-07 11:32 | Report Abuse

QR dah bagus
Susah betul nak fly GFM ni
Adoyaiii

TCH1186

888 posts

Posted by TCH1186 > 2023-03-08 09:21 | Report Abuse

well why am still here because its hard to move on when the stock took our money in huge amount. same like serbadk. you go check yrself how many ppl cursed on that stock. anyway, what are the reason i cant be here? heh heh

stainlyho37

2,242 posts

Posted by stainlyho37 > 2023-03-08 12:23 | Report Abuse

watch out....touching very strong support...coming back..!

TCH1186

888 posts

Posted by TCH1186 > 2023-03-16 09:46 | Report Abuse

got news, no news or whatever they do seems like useless

warr168

15 posts

Posted by warr168 > 2023-03-16 12:24 | Report Abuse

Incur 9mil on take over..will.next QR profits.

4ever5

280 posts

Posted by 4ever5 > 2023-03-19 23:01 | Report Abuse

continue accumulating this stock at cheap price. The JKR project has proven to be contributing for 2 quarters, so i assume its gonna be stable, consider JKR + the concession project, 5million profit for each quarter is not a problem. and we can see the management is expanding to r&r for recurring income. the stock price is going down due to bad market sentiment, so do not panic guys. stick to fundamental company, things wont go wrong. in short term, it is a voting machine but in long term, its a weighting machine.

Posted by happyfish4ver > 2023-04-12 14:23 | Report Abuse

Well said... let's hold and wait for the ride

haushinka

10 posts

Posted by haushinka > 2023-04-18 22:16 | Report Abuse

seems no duit raya from GFM T_T

Posted by happyfish4ver > 2023-07-02 21:03 | Report Abuse

Diversifying to O&G maintenance space. To venture into more high-value-added O&G space, GFM had in 2019 proposed to subscribe a 49% stake and up to RM20m worth of RCPS in a downstream O&G player High Base Strategic Sdn Bhd (HSSB). Through HSSB’s 51%-owned joint venture with Singapore-based O&G integrated solutions provider Mun Siong Engineering Limited, HSSB is one of the five players who has secured the PETRONAS’ Integrated Turnaround Main Mechanical and Maintenance Mechanical Static (“TA4MS”) contracts located in Pegerang Integrated complex. Management expects the acquisition to be done in 2H23. Overall, the acquisition will strategically position GFM in O&G maintenance space and widen its customer base, as well as increase its credibility to bid for similar types of projects.

4ever5

280 posts

Posted by 4ever5 > 2023-08-13 18:04 | Report Abuse

GFM is in sideway for almost half year

Posted by AlanKLNg28 > 2023-08-18 12:38 | Report Abuse

Why sudden drop??

Posted by happyfish4ver > 2023-08-23 21:49 | Report Abuse

hopefully the storyline continues....

4ever5

280 posts

Posted by 4ever5 > 2023-08-28 16:37 | Report Abuse

I been holding this stock for almost a year and average down to 0.20.
it is hard for me to let go this stock but today i had decided to sell it all at 0.20 for 2 reason.
1. My buying point on GFM is no longer true. Initially i bought it because of the JKR project that i hope it can boost the profit and eventually better dividend. but on recent QR, i found that some of the project has completed(no renew) and the profit is only sustain thanks to JKR contribution. its abit disapointment as there is no new project to further boost our investor confident.
2. Second reasono, there is a dividend announce on recent quarter, Y23Q2 of 0.0018 sen. It looks good to me at first, but if you look into the quarter report, the cashflow is actually negative but yet company still announce dividend which concern to me. It means that this dividend payout is non-sustainabe. Thing might get worse if later GFM do private placement again to collect money from us.
I am just sharing my 2cents, at this current price 0.20, the downside is not high but i dont see upside and decide to switch to other stock for now.
Welcome anyone to share his/her opinion as i will continue monitor this stock too.

Posted by 500kinhand > 2023-08-29 12:45 | Report Abuse

How do you read the cashflow is negative? you dont know how to read report is it?

It is clearly positive in the recent quarter report

4ever5

280 posts

Posted by 4ever5 > 2023-08-29 20:42 | Report Abuse

At the cashflow portion, net increase/decrease in cash, -6.3m. Is this not negative cash flow?
Anyway, i sold it already, i do hope for the best GFM have healthier balance sheet and i will come back for this.

Posted by pancamatari62 > 2023-09-06 16:56 | Report Abuse

pump is coming

Posted by happyfish4ver > 2023-09-12 20:55 | Report Abuse

NPGQMM-JM2C-TH

2Invest

95 posts

Posted by 2Invest > 2023-09-21 21:25 | Report Abuse

Dear 4ever5;

The company's operating cash flow is healthy & +ve for the past many years. As at 6/2023 it posts 11M net cash from the operating activities for the current year.

All I can say it's a financially healthy but average performance company.

2Invest

95 posts

Posted by 2Invest > 2023-09-21 21:27 | Report Abuse

Anyway, myself I don't own a single share of this company

fairyz

302 posts

Posted by fairyz > 2023-10-25 23:59 | Report Abuse

Time to fly?

Listed to Main soon like Redtone?

TokAbah

1,203 posts

Posted by TokAbah > 2023-10-26 10:22 | Report Abuse

Mid to long term has potential lorr.
0.25sen by December i guess

Posted by TiGongPoPiPopi > 2023-10-29 16:49 |

Post removed.Why?

TCH1186

888 posts

Posted by TCH1186 > 2023-11-06 19:29 | Report Abuse

Woot woot lets go

Posted by happyfish4ver > 2023-11-06 23:55 | Report Abuse

Highbase Strategic Sdn Bhd, an oil and gas maintenance services provider, is expected to contribute approximately 30% to 35% of GFM Services Bhd's total revenue and bottom line from the financial year ending Dec 31, 2024, the integrated facilities management services provider said. This follows the share sale agreement signed between GFM and Noor Jasni Zakaria and Norliza Mohd for the group to acquire the remaining 51% equity interest in Highbase for a consideration of RM18.2 million.

This contract, effective until 2024 with an option to extend until 2029, provides a strong foundation for Highbase's future growth, said GFM.

kebling98

311 posts

Posted by kebling98 > 2023-11-11 23:37 | Report Abuse

Sure win counter lah
Just keep loh

ragrag

48 posts

Posted by ragrag > 2023-11-23 19:05 | Report Abuse

Another impressive quarterly performance. With additional new contracts and strategic M&A, the future numbers going to be excellent….

Posted by MoneyMoneyHome2019 > 2023-11-24 16:35 | Report Abuse

Why best QR but price still drop? What is the market doing?

TCH1186

888 posts

Posted by TCH1186 > 2023-11-25 07:28 | Report Abuse

Walao knn stock. In. 23 last week and yest closed. 235. Laosai stocj

SuperPanda

11,409 posts

Posted by SuperPanda > 2023-11-25 18:55 | Report Abuse

goes down bcoz stock already rally before qr, its the best time to sell for swing trader

wait until selling cool down, once buying comes in, then only enter

TCH1186

888 posts

Posted by TCH1186 > 2023-11-27 21:25 | Report Abuse

Nahhh - 0.05. Lapsapppp

theavenger

221 posts

Posted by theavenger > 2 months ago | Report Abuse

TOMORROW ABOVE 0.30

springbok

42 posts

Posted by springbok > 1 month ago | Report Abuse

Dividend coming soon.

TCH1186

888 posts

Posted by TCH1186 > 3 weeks ago | Report Abuse

Landui stock. This pm really dunno how to manage country everyday all stock fell down.

Posted by Lee Ying Yee > 1 week ago | Report Abuse

ha ha , pp n pp n pp ???good future ?

kllady_fidah

1,682 posts

Posted by kllady_fidah > 1 week ago | Report Abuse

lousy counter ..

kllady_fidah

1,682 posts

Posted by kllady_fidah > 2 days ago | Report Abuse

flyingp

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