@buybuybuy how do u pull out 3.8 as a target price from the air?? Talk cock no need capital. No current fundamental nor technical analysis measuring targets can support your crazy assertions. Pls give a reasoned analysis not simply give irresponsible statements. Ppl can get burned easily !
By all measure it is fully valued now at 77x PE and using technical analysis breakout from 1.86 from 1.55 low has reached its climax st 2.25 the other day. So unless one KNOWS of insider material development that may affect share price , I don't see any upside at the Moment from here . Maybe consolidate for awhile at current levels..volume has also shrunk
IamGoogel sifu, i love the statements that you are using. I do not know about others, but to me, GDEX is really over valued. No doubt, many look good about future but compare to it's peer, GDEX PE is nearly 10x of others. I will not risk my money into this counter. Even if one day this counter continue to up a lot with PE200, i will not risk a cent on it.
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IamGoogle: PE is an indication & is used as a tool for comparison, though it may not be the decisive factor when come to investment, but ignoring its functions in valuing a company is called "ignorant".
The revenue is expecting to increase significantly in the coming years due to the Alibaba e commerce in Malaysia so the trading buy call is on and target price is based on the chart. Trading buy call 3.80
Trading buy call 3.80. The target price will be review soon due to the ecommerce boost. Pos target has been review and the target price has been push to 7.00 and Gdex is predicted to 3.80 and the price will start to move once the ecommerce start to contribute to the business. Accumulate the shares now when the price is still low,
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stockmanmy
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Posted by stockmanmy > 2017-03-29 17:01 | Report Abuse
I am here to tell you there is a bigger world than PE and OTB/ KC formulas and ratios.