Mycybersale is happening soon from 9th to 13th Oct. Some of the e-tailers would be using GDEX services to deliver their goods. I'm estimating their 4th qtr sales would be soaring. I have started to accumulate progressively.
Looking at the sorry state of conventional brick and mortar shops and mall retail, I think people are switching to online purchases. This is what will impact positively for companies like GDEX.
I dont expect the qr result to be good. Just wait Oct and Nov, hope for the surge trend. Oct - Jack Ma to Malaysia, Nov gdex may return back to syariah
Gdex buisness has been very good last 5 years with consistent profit margin of more than 14% compared with others who do same buisness. Has rewards bonus to investors.
1.PE high coming high expectations biz grow at 20-30% per anum,a RM3.7Billion market cap at RM0.60 whoaaa surpassed TASCO,CENTURY & TNLOGIS which a big player. 2.Another logistic company also join e-commerce bandwagon with TNLOGIS already have its biz-customer courier and POS also tapping onto e-biz also. 3.ALIBABA DFTZ opportunity only come after 2019,with positive come only after 2020 4.E-commerce is directly tied economic cycle,which is move up & down to consumer expectations & spending. 5.ALI BABA & IOT hype
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ayam_rocket
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Posted by ayam_rocket > 2017-08-24 09:10 | Report Abuse
Potential Momentum Stocks - 24 Aug 17
Stock Name: GDEX (0078)
Entry: Buy above RM0.68
Target: RM0.74 (8.8%), RM0.775 (14.0%)
Stop: RM0.65 (-4.4%)
Shariah: No
Technical: Monitor for breakout