Ok, that explains. Top shareholders hold more than 96% of the shares. The growth story still continues, but you are probably paying at least a 50% premium.
Last time when GDEX was priced at incredible valuation, it's PE is nearly 50x. Now GDEX is valued at PE 90x ... I wonder why and what is the moat or basis GDEX owned, until it could fetch this kind of valuation...
Now got small courier service company like ninja van, they run at low cost, cheap and fast service. recently lazada keep using ninja van instead of gdex :/ ninja van like uber/grab car service in courier service line. this kind of services is a treat to gdex profit growth. good luck for those buying gdex.
this Gdex service is very BAD, will loose customers to other courier service company. their pick up especially delivery very slow, not qualify as a courier service. Avoid this company
@ vivabursa - change your perception, not everyone uses Gdex said bad..management sometimes make mistake..perfect doesnt exist..just because of your bad experience with Gdex doest mean this company is bad..
As a investor, should concern about the company's earning instead of their service. You want a good service company but poor in earning? Recent GDEX price drop because they wanna improve the service by expand the facility, but the net profit drop................In view of small investor, I prefer high profit with minimize expenses.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 394 views | 2 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 11800 views | 10 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
fhis
1,207 posts
Posted by fhis > 2017-11-17 14:58 | Report Abuse
gdex is coming again...just monitor it closely...anytime from now..