Today, I decided to strengthen my Transportation & Logistic Sectors..
Very please with my decision today to buy POS and GDEX into in my collection. Together with my existing MMC Corps, these 3 Musketeers will form a formidable team to provide delivery services to all Malaysian and Global Community with MCO implemented all over the World to fight Corvid 19...
The “new normal” shift to Online businesses will bode well for courier companies despite the stiff competition. Existing and established players will always have “first mover” advantage. Surge in demand will be astonishing couple with economies of scale benefit and low oil prices.
J&T office operate from 8am to 8 pm. Cannot fight d la GDEX. These new player is funded heavily by big e-commerce heavyweight with tonnes of money. Throwing in money to make sure delivery charges is "affordable". By affordable they means "free"
Gdex touched its 100% fabionacci number today, at 0.36sen. The next level to watch for is the 0.42 or 6 sen away. It still has room to grow. Looking at the courier business, they may be facing competition but the name is established - like FedEx. The two month going three MCO will directly benefit them - if you take a walk to their hubs, you will see that each morning the parcels are overflowing onto the pavement for pickup. Now if this is not good business period, what else. Until 11am, buyers control market at 0.35. Strong momentum. Let's wait for 0.40
That was former Governor after Zeti. How much is his shareholding? That means the run hasnt even started yet, just some people with foresight collecting from till 0.36 today. Chartwise, things look good. 0.40 is within reach over next two weeks - afterall by Sept, their business during MCO would have contributed to the results
Ninja van, JDT all this courier company act as charity for e-commerce giant. Not suppose to make money. GDEX is unfortunate to stuck in this charity industry.
mind to elaborate how they are doing charity for e-commerce giant?Malaysia courrier service only serving e-commerce company?
@shpg22 Ninja van, JDT all this courier company act as charity for e-commerce giant. Not suppose to make money. GDEX is unfortunate to stuck in this charity industry.
>>shpg22 J&T office operate from 8am to 8 pm. Cannot fight d la GDEX. These new player is funded heavily by big e-commerce heavyweight with tonnes of money. Throwing in money to make sure delivery charges is "affordable". By affordable they means "free"
My friend who is in freight business and import, have already abandoned J&T for Gdex. Parcels take too long to arrive even before MCO. Again this may not reflect the true picture - but GDex already have the facilities in line and presense. The brand is also firmly established. In a tight market, all these are plus points, and especially when your best competitor is not pulling its weight
Most of the volume growth come from e-commerce. Other segment quite stagnant. I prefer to use J&T coz they r super easy. Order from Shopee just pack and drop at their office. No need q, no need fill in form and no need to pay
J&T backer got tonnes of money. 50 million is pocket change for them. No worry. Their backer make tonnes of money from e-commerce and channel back the money to J&T. Thus ensuring delivery charges remain low. Those without backer will suffer.
I think the petrol price drop will reduce the operating cost. However business effected by Covid 19 will also effect the parcel volume. Hope got good new in coming report
sell now before too late, never ever seen any gdex courier van during mco. No partnership with big e-commerce like shopee lazada. Sell before too late.!!!
Posted by limitupupup > May 21, 2020 6:35 PM | Report Abuse
sell now before too late, never ever seen any gdex courier van during mco. No partnership with big e-commerce like shopee lazada. Sell before too late.!!!
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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....
Panorama1
971 posts
Posted by Panorama1 > 2020-05-12 12:05 | Report Abuse
0.115 to 0.295 :-) Bumper Harvest