Posted by greedy44444 > 2020-05-28 23:22 | Report Abuse

Today just profit taking...tomorrow resume uptrend

Posted by Jerry Yip > 2020-05-28 23:23 | Report Abuse

合理价 明天买买买

Posted by greedy44444 > 2020-05-28 23:24 | Report Abuse

First quarter results only involved 15 days in March under MCO, second quarter results will be very good as it involves almost the full quarter under MCO.

Posted by zai > 2020-05-28 23:43 | Report Abuse

what happen today big drop

Posted by greedy44444 > 2020-05-29 00:19 | Report Abuse

Cost of doing businesses for the second quarter also significantly lower as the prices of petrol/diesel used for delivery very low during the MCO

Posted by greedy44444 > 2020-05-29 02:10 | Report Abuse

https://www.theborneopost.com/2020/05/29/gdex-to-still-benefit-from-online-purchasing-if-cmco-is-lifted/

Posted by ZAIMAN3 > 2020-05-29 06:36 | Report Abuse

Intrinsic value 0.64....lots more room to gain

Posted by lalazhai > 2020-05-29 08:16 | Report Abuse

Jan-Mar profit affected by China's lockdown, no China shipments for gdex. Result will be boost for Apr-Jun, same go to all Courier Company.

Posted by williamtkb > 2020-05-29 08:23 | Report Abuse

At current price is overvalued for me. I will buy in below 30cents. Fair value for me is 25cents. Good luck guys

Posted by James Ng > 2020-05-29 09:13 | Report Abuse

https://klse.i3investor.com/blogs/general/2020-05-29-story-h1507894205.jsp
[转贴] [GD EXPRESS CARRIER BHD：客户的业务运营受到MCO的影响，以及港口和机场的供应链中断，以及MFRS 16租赁评估和调整的影响] - James的股票投资James Share Investing

Posted by Lam John > 2020-05-29 11:04 | Report Abuse

Gdex rebound

Posted by putraz88 > 2020-05-29 11:04 | Report Abuse

strong rebound. lets see

Posted by Lam John > 2020-05-29 11:06 | Report Abuse

poor results news digested

Posted by Lam John > 2020-05-29 11:07 | Report Abuse

Maybe investor look forward of better results next quarter

Posted by Lam John > 2020-05-29 11:07 | Report Abuse

Pos and gdex everyday long queue

Posted by Lam John > 2020-05-29 11:10 | Report Abuse

Those bought at high price can feel relax little bit de

Posted by Lam John > 2020-05-29 11:10 | Report Abuse

Less selling pressure

Posted by Oracle of Omni > 2020-05-29 11:13 | Report Abuse

Yesterday i keep telling to buy before the rebound come. U guys think i am joking?

Posted by Oracle of Omni > 2020-05-29 11:14 | Report Abuse

Oracle of Omni Gdex reached support, buy before rebound especially the son. CR has strong support at 9c
28/05/2020 3:15 PM

D4rkloder95 Goreng kaki sudah lari ma
28/05/2020 3:16 PM
X
Oracle of Omni MIDF and alot funds are defending 0.365
28/05/2020 3:16 PM
X
Oracle of Omni Think about all these selling, why 0.365 so strong support, someone is collecting guys.
28/05/2020 3:18 PM

BigPro Collecting with high risk and will trap here ... 5.6B share too heavy to rebound
28/05/2020 3:24 PM
X
Oracle of Omni Bro, look at the intraday chart, it has dropped so much with no rebound yet. The son CR Is so attractive at 9c. Plus look at the mother, strong support at 0.365 0.36.
28/05/2020 3:25 PM
X
Oracle of Omni Look, someone is eating 0.37 and the buyer at 0.365 keep refilling
28/05/2020 3:27 PM

Posted by Diego2020 > 2020-05-29 11:14 | Report Abuse

TP 0.6 ;)

Posted by Oracle of Omni > 2020-05-29 11:26 | Report Abuse

strong rebound incoming, buy at 0.38 before too late. Already rebounded to green.

Posted by Oracle of Omni > 2020-05-29 12:18 | Report Abuse

i am oracle of omni, trust me now? ez rebound 39c

Posted by Lam John > 2020-05-29 12:23 | Report Abuse

Only drops one day

Posted by Lam John > 2020-05-29 12:24 | Report Abuse

My false. I change my mind after I saw so huge queue at pos and gdex

Posted by Lam John > 2020-05-29 12:25 | Report Abuse

Now I confident gdex and pos will perform well next quarter

Posted by Lam John > 2020-05-29 12:25 | Report Abuse

Online purchase become culture

Posted by Lam John > 2020-05-29 12:26 | Report Abuse

I buying back this morning

Posted by Lam John > 2020-05-29 13:13 | Report Abuse

Analysts will change target price once price go up

Posted by Oracle of Omni > 2020-05-29 14:41 | Report Abuse

I already told u guys. Funds will wait for it to drop then collect, just like yesterday, easy 0.365 collected so much. I work in investment bank so i know that.

Posted by Buduilu > 2020-05-29 14:51 | Report Abuse

Gdex gogogo

Posted by pennywise2308 > 2020-05-29 23:54 | Report Abuse

Steady ride on Monday for Gdex

Posted by xterrorsinx > 2020-05-30 18:37 | Report Abuse

On 28 January 2020, shares in Pos Malaysia Bhd rose as much as 10% in early trade this morning after the national courier said it will raise postage rates for registered mail, commercial mail and small parcels below 2kg, effective Feb 1.

At 9.05am, Pos Malaysia rose 11 sen to RM1.55, valuing it at RM1.21 billion. The stock had earlier risen to a high of RM1.60.

From 1.55, dropped till 1.10 with a loss of RM 171m?
1.55-1.1 Market Cap loss = 352m VS inclusive of loss of RM 171m. Where does the difference of RM 181 go?

At RM 1.55, when the news was announced in January, the increase in price was priced in at RM 1.55, giving POS a market cap of RM 1.21b, but increase in courier demand wasnt priced in yet.
With loss of RM 171, shouldnt the market cap be 1.039 b or RM 1.32?

Moreover, at RM 1.32 assumes nothing changed since MCO. But what about the increase in Courier volume by 200%? Savings in Interest of RM 10.8m/year? Savings in Fuel of RM 14m/year?

Gdex up 45% since MCO, would it be too demanding for POS to go up to pre-mco level of RM 1.32 (Inclusive of loss of RM 171m for Dec QR)? We're not greedy, we havent factored in Courier 200% increase, Fuel 14m/year cost decrease, Interest 10.8m/year cost decrease.

For courier segment last year 9 months ended Dec 2019 Profit was RM 14,657 million. This was including a malware attack and impairment write down..

If we take 6 months ended September 2019, profit was RM 47.8m for 2 quarters translating into RM 23.9/QR from Courier segment. IF MCO sales up 200% = RM 47.8m profit / quarter, or 23.9 x 4 = RM 95.6 additional profit/year..

So assuming market has priced in rate increase from postal at RM 1.039b, you now need to add in RM 95.6m Profit + 10.8m + 14m profit = RM 120m/year profit

Now let’s try to do the pricing of POS. On 28th May POS had annual profit of 124m and share price of RM 3.62, giving it market cap of 2.8 billion or PE of 22…

If you’re adding 120m profit with P/E of 10 at RM 1.2b market cap to pre-mco fair price of RM 1.039b (after loss of RM 171m), the numbers will look like 1.2b + 1.039 b = RM 2.239b market cap, translating into RM 2.79 Fair Value.

Interesting Note: POS Courier segment is 2.27 times bigger than Gdex (88m vs 200m per QR).

This QR we are seeing Postal 66% effect rate hikes priced in from 1st Feb to 31st March. It has not factored in the 200% volume +, Fuel Savings, Interest Savings of RM 120m/year.
Next QR would be interesting.

Posted by xterrorsinx > 2020-05-30 18:37 | Report Abuse

Opps, sorry, this is posted in the wrong forum. Should be in POS

Posted by learnbyheart > 2020-05-30 19:42 | Report Abuse

https://www.klsescreener.com/v2/news/view/683105

Posted by learnbyheart > 2020-05-30 19:48 | Report Abuse

xterrosinx ..sorry..not interested in loss making company..too many "if" in your article..in share market the word "if" in useless..it is like "if i bought supermax when the price RM 1.45 maybe now i am a millionaire"..hahahah

Posted by noobbie > 2020-05-30 20:36 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/05/30/brisk-business-for-gdex

Posted by 6222 > 2020-05-30 21:06 | Report Abuse

Gdex very good prospect for long term

Posted by chkhooju > 2020-05-30 21:16 | Report Abuse

What good prospect? Say what you like. The reality is that trading at a PE of 100 times means it is very expensive.

Posted by iswara > 2020-05-30 21:29 | Report Abuse

really good prospect

Posted by learnbyheart > 2020-05-30 21:43 | Report Abuse

We knew that all courier company benefit from MCO, among Nationwide, Gdex and POS. Gdex giving peace of mind to the shareholder as QR report already out. The rest still battling on the result and PN17 status

Posted by Max_Lui > 2020-05-30 23:05 | Report Abuse

GDEX have a beautiful healthy lean balance sheet, with a net cash position of more than RM100mil......as well as new norm economies are shifting towards digitalisation and e-commerce. So many good news tat can caused Monday hit Limit UP.

https://www.thestar.com.my/business/business-news/2020/05/30/brisk-business-for-gdex

Posted by Jeffreyteck > 2020-05-31 13:17 | Report Abuse

New chairman, for sure higher cost for remuneration but bottom line remains dim. Best for trading play only.

Posted by Lam John > 2020-05-31 14:51 | Report Abuse

Investment bank revised target price again

Posted by blood7 > 2020-05-31 17:27 | Report Abuse

overvalued? hmm so many naysayer here....the majority shareholders around over 70% did not sell a single share in years so must really be idiots....so when the courier war in Malaysia/SEA is done and dusted, i bet GDEX will be one of those few left standing....

good luck....


https://www.bloomberg.com/quote/SAPX:IJ

https://www.theedgemarkets.com/article/gdex-buys-445-shares-indonesian-courier-firm-rm26m

Posted by mary123 > 2020-06-01 12:41 | Report Abuse

blood7 aiyo old news lah, 2018 one.

Posted by learnbyheart > 2020-06-01 13:20 | Report Abuse

2018..mean that Gdex is taking superb move by acquiring prospect Indonesian company in neutral price. If they acquiring yesterday of course the price is already multiply with Covid sentiment...haiyaaaa...

Remember that courier service is hot not only in Malaysia, and Indonesia got nearly 10 times population than Malaysia.

Posted by mala173318 > 2020-06-01 17:06 | Report Abuse

No value tomorrow 0.30

Posted by learnbyheart > 2020-06-01 17:20 | Report Abuse

contra player who bought 0.445 need to cut loss today

Posted by bowman > 2020-06-01 18:11 | Report Abuse

GDex is trading above its 20-day MA and support is at 0.375. It's RSI has corrected itself at 70% and price is moving higher than its Ichimoku cloud which indicates continuation of the trend. I think it will test the 0.445 resistance level and given the TP just given by MIDF at 0.48, there is a good chance of it reaching this target this week or next. The news of its loss last quarter has been absorbed by the market and late today, I think it is recovering lost grounds. Keep your fingers crossed for tomorrow. Hopefully we will see some expected fireworks.

Posted by Elsonng90 > 2020-06-01 18:20 | Report Abuse

Gdex is good ,maybe more 3mth with same with top glove