Posted by henry888 > 2021-01-29 18:03 | Report Abuse

From chart, it failed to made u-turn at 0.380 to determine uptrend and instead decline to 0.365 and whether can stand at this price or going further down????

Posted by Kelvinchow87 > 2021-01-29 19:51 | Report Abuse

why keep dropping? gdex please boost up..

Posted by Durotus > 2021-01-29 23:55 | Report Abuse

Waiting blue w.w.w.w.w expire then flying lo

Posted by Durotus > 2021-01-29 23:58 | Report Abuse

Ther are 6 cw around

Posted by Kelvinchow87 > 2021-01-30 00:36 | Report Abuse

if wait all cw expired only move..2021 almost habis lo..haha

Posted by henry888 > 2021-01-30 08:27 | Report Abuse

Actually warrant is more safer than call warrant . Warrant can be convertible to stock and have a longer validity period usually few years whilst call warrant mostly on 'cash settlement basis' with validity less than a year and non-convertible to stock. This call warrant is akin to casino (investors against call warrant issuer) whether you win or you loss at the end of the validity period. If at the end of the validity period, the stock price falls below the exercise price, the IB will each all happily. Bursa always discourage manipulations and in this scenario to a certain extent the stock is subject to manipulations by the relevant issuers. Note : Personal opinion only.

Posted by jessymna > 2021-01-30 13:12 | Report Abuse

Digitalisation a game changer for GDEX

Saturday, 30 Jan 2021

THE rapid shift in both consumer behaviour and the digitalisation of businesses has not only spiked demand for delivery services but also nudged the latter to evolve.

Courier companies, at least those that are competitive, are fast seeking ways to make their deliveries faster, safer and more reliable. GDEX Bhd lays claim to being one of the first courier companies to tap into the e-commerce boom, way before the current coronavirus pandemic began.

It has created myGDEX, an online shipping platform and a cloud-based call centre as well as an interactive voice response (IVR) support system. GDEX had also developed platforms such as deKat, a social commerce supply chain platform for small and medium enterprises (SMEs) and a last-mile delivery platform (KITA) targeted at that segment too.

GDEX managing director and group CEO Teong Teck Lean (pic below) expects the boom in e-commerce to continue, driven by migration of businesses from offline to online, especially in the business-to-business (B2B) segment. This will continue to be the driver for GDEX’s parcel volume growth, moving forward.

“Our digital initiatives will make Gdex more cost-efficient without compromising on service quality. Gdex will come out with more product offerings and expand into new revenue streams, ” he tells StarBizWeek.The new platforms such myGDEX would not only strengthen the group’s operations but will also allow GDEX to tap into the business-to-consumer (B2C) and consumer-to-consumer (C2C) segments, Teong points out.

“While the B2B segment is the company’s bread and butter, we foresee B2C and C2C to register higher growth as compared to the B2B segment. “We also plan to grow our warehouse fulfilment business, which offers customised end-to-end solutions. “We will continue to develop new products to cater for new trends, especially in the social commerce space, ” Teong says.

In December, GDEX partnered with Tasco Bhd to create a comprehensive logistics service as both companies have different strengths. Both companies have signed a non-binding memorandum of understanding (MoU) to finalise this plan. Tasco will be given the priority to leverage GDEX’s last-mile fulfilment capabilities, while GDEX can tap into Tasco’s international logistics network as well as its local cold supply chain infrastructure and convenience retail logistics network.

Interestingly, Tasco, which is a leading cold-chain logistics player, has said that it is ready to support the local distribution of Covid-19 vaccines. When asked if GDEX sees a potential collaboration with Tasco for vaccine logistics, Teong says: “We are open to that if the opportunity arises. With our extensive network and system in place, we believe we can assist the government in distributing the vaccines provided that the packages meet our delivery requirements.” GDEX currently handles the transporting of time-sensitive medical samples for chains of hospitals and clinics.

Teong says that for this year, GDEX has allocated between RM20mil and RM30mil to upgrade the facilities at its hubs and for IT development. Both Tasco and GDEX have companies from Japan as their major shareholders. Tasco is a 55.38%-owned subsidiary of Japan’s Yusen Logistics Co Ltd, while Japan-based express delivery giant Yamato Holdings Co Ltd holds a 22.83% stake in GDEX.

The collaboration with Tasco could also help GDEX face the massive competition in the delivery segment, which has led to price wars. To date, there are 110 licensed courier companies in the country. However, the Malaysian Communications and Multimedia Commission has recently announced a two-year freeze on the issuance of new courier service licences. GDEX is in a net cash position of close to RM80mil, with almost zero borrowings.

For the first quarter ended Sept 30,2020, GDEX posted a 51% rise in net profit to RM7.2mil from RM4.8mil a year earlier due to increasing demand from online business activities. Its logistics and warehousing services also did well. The group also attributed the growth to its operational efficiencies as a result of the digitalisation of internal systems and processes.

Teong expects the e-commerce industry to continue growing post-pandemic and that the company’s digital initiatives will make GDEX more cost-efficient without compromising on its service quality. “We aim to become known as a digital company, ” he says.

Posted by Kelvinchow87 > 2021-01-30 13:16 | Report Abuse

great jobs gdex..hope can see u green next week..lol

Posted by jessymna > 2021-01-30 13:21 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/01/30/digitalisation-a-game-changer-for-gdex

Hi all, the above is today's news not old news. GDEX's CEO has spoken and revealed what is coming up next. Please spare some time to read what to expect from GDEX. I'm confident that the share price will be rallying anytime soon so be prepared.

Posted by Kelvinchow87 > 2021-01-30 14:02 | Report Abuse

@jessymna
agree with u..good expansion for gdex. I hope next month can show us some power...gdex... GOGOGO

Posted by 7alil_invest > 2021-01-30 19:28 | Report Abuse

@henry888 it's not entirely accurate to assume that this is how IBs make money from structured warrants. IBs earn from maintaining the bid/ask spread as the market maker. The issued warrants are products which they would want to see liquid transactions from. Imagine if the point of having call warrants is just to trap the retailers, who would believe in their future products anymore? They can't afford to lose their reputation as they need retailers to continue purchasing their other structured warrants.

In Gdex's case, GDEX-CS seems like a good catch when GDEX eventually rebounds. There are 3 months to go, and during that phase, we are anticipating for the end-Feb quarter to be better than ever with rising e-commerce transactions across the board. From December to end Feb, GDEX is the major beneficiary of the sales offered during 12.12, Christmas, New Year, and CNY. Hopefully GDEX will also be announced as one the on-ground distributors for stored vaccines as Pharmaniaga and Duopharma can't possibly handle >20 million of distribution on their less-than-expansive logistical arms.

Posted by henry888 > 2021-01-31 08:41 | Report Abuse

Hopefully.....

Posted by trader168 > 2021-02-02 08:49 | Report Abuse

Gdex business is in the right direction and growing.

1)Nett Cash Position - RM80Mil
2)Zero borrowing
3)Partner with TASCO
4)Potential distributor of vaccine for Malaysia

The will will annouce the best profit this month end.. More good news for Gdex coming.

Buy now before it fly. can consider also their warrant GDex-CT - 0.035-0.04, active, cheap and still got 3 month exipiry. easily can go up to 0.045-0.05 by end of this month.

Posted by jessymna > 2021-02-02 09:42 | Report Abuse

The CEO Teong is very bullish every time they interviewed him whereby he even increasing his stakes to 39.057%

Posted by StrongMan81 > 2021-02-02 10:23 | Report Abuse

TASCO so bulish...GDEX...sleeping zzzzZZZ

Posted by trader168 > 2021-02-02 11:18 | Report Abuse

accumulation before push up.

Posted by Kelvinchow87 > 2021-02-02 20:40 | Report Abuse

Just want to sharing

GDEX RSS

15/JAN/21 value=24354 volume=61400 avp= 0.3966
18/JAN/21 value= 49374 volume= 126600 avp= 0.39
21/JAN/21 value = 185966 volume= 476400 avp= 0.3904
22/JAN/21 value= 35844 volume= 93100 avp= 0.385
25/JAN/21 value= 409155 volume=1085500 avp= 0.3769
26/JAN/21 value=86184 volume= 226800 avp= 0.38
27/JAN/21 value=66102.5 volume= 176200 avp=0.3752
29/JAN/21 value= 128464 volume= 347200 avp= 0.37

total value= 985443.5 volume= 2593200 avp= 0.38

so far, this is the data i can get from BURSA website
if the data is correct, the RSS price now is 0.38

today closing is 0.37..RSS is profiting...

Come on..GDEX...Yearly revenue is keep improving..
MCO2.0...business should be good...

based on last QR,
Courier Services
The revenue and profit before tax reported in courier services segment for the current quarter ended 30
September 2020 increased 30.1% and 37.4% respectively as compared to the corresponding quarter ended
30 September 2019.
Better performance for the current quarter under review due to increase in demand for the delivery services
from the online business activities under current Covid-19 pandemic, improvement in operational efficiencies
as a result of digitalisation of internal system and processes as well as contributed by the improved
performance of Vietnam subsidiary company.


Logistics Services
The revenue and profit before taxation reported in the logistics services segment increased 43.3%, and
117.3% respectively as compared to the corresponding quarter ended 30 September 2019.
Improvement in the performance of logistics services segment was due to increase in demand for the
logistics and warehousing services during the current quarter under review to support the delivery services
segment as well as improvement in the operational efficiencies.

GDEX...please move...

haha

Posted by Louise4 > 2021-02-02 21:46 | Report Abuse

Tomorrow will fly

Posted by henry888 > 2021-02-03 07:40 | Report Abuse

In my opinion, that is why i always maintained my stands that RSS is endangering the interests of the retailers. Just imagine the selling pressure even though capped at 3-4% posed a threat of downward to the stock price if there is no big fund to cushion it albeit the good fundamental value of the stock. A case you can seen is Topglove. So, what is investment ? and the point of holding the stock when someone can just borrowed the stock and sell and deprived the chance of selling of those holding the stock. Bursa and SC should look into this issue and reconsider to ban the short sellings.

Posted by henry888 > 2021-02-03 08:27 | Report Abuse

Further, retailers would shy away from the market and instead decreasing the liquidity in the market as opposed to some saying increasing the liquidity of the market.

Posted by jessymna > 2021-02-03 08:32 | Report Abuse

Actually they should just ban RSS and others. It's just their excuses so that they can make money but this is eroding the confidence of shareholders. Traders would embrace it but I don't think shareholders would unless wanting to accumulate at cheaper price.

Posted by jessymna > 2021-02-03 08:36 | Report Abuse

I think the upcoming quarter result which is due this month should be good so perhaps the result will lift up the share price later or earlier (market expectation)

Posted by Value888 > 2021-02-03 09:46 | Report Abuse

Gdex business increased many times with MCO & CMCO. 50 sen is possible.

Posted by henry888 > 2021-02-03 11:04 | Report Abuse

The whole morning volume only 3560. Not to say 50 sen, maintaining the existing price also difficult lah...

Posted by Paktua Second > 2021-02-03 11:45 | Report Abuse

Low volume mean less supply. No more want to sell. Easier to push up the price when less supply

Posted by StrongMan81 > 2021-02-03 11:50 | Report Abuse

有价无市。。。。ZZZZZzzz

Posted by Paktua Second > 2021-02-03 11:52 | Report Abuse

English please

Posted by henry888 > 2021-02-03 12:09 | Report Abuse

price attractive no market..

Posted by Kelvinchow87 > 2021-02-03 12:16 | Report Abuse

One day increase 0.005 also can...yesterday from 0.365-0.37
today make it 0.37-0.375..happy lol..

Posted by henry888 > 2021-02-03 12:23 | Report Abuse

warrants going backward

Posted by henry888 > 2021-02-03 13:00 | Report Abuse

Downtrend will continue if closing price falls below support of 0.365. 0.365 should be the turning point of up or down or sideways.

Posted by Kelvinchow87 > 2021-02-03 13:04 | Report Abuse

@henry888
agree with u..please don't break 0.365

Posted by NewStockerBuz > 2021-02-03 15:06 | Report Abuse

good time to catch the WA ?
Since is way way way low now

Posted by Kelvinchow87 > 2021-02-03 15:09 | Report Abuse

RSS come in just now..0.37...guys..hold it..lol

Posted by jessymna > 2021-02-03 15:18 | Report Abuse

Been observing its price movements for weeks. There are price manipulations done through RSS

Posted by jessymna > 2021-02-03 15:20 | Report Abuse

At the time of speaking on this, RSS just done by someone bringing it to touch 0.365...it usually initiated with 638 lots as start

Posted by Kelvinchow87 > 2021-02-03 15:27 | Report Abuse

again 638

Posted by jessymna > 2021-02-03 15:28 | Report Abuse

http://mymall.netbuilder.com.my/index.php?domain=remisiers&doit=showclass&cid=470

Proprietary Day Trader is a holder of a dealer?s representative license who is registered as a Proprietary Day Trader under Bursa Malaysia. Many also refer the activities as Proprietary Day Trading (PDT).

Salient Features:
The main purpose is for Day Trading.
Cannot trade Mesdaq stocks(Ace Market stocks).
Launched by Bursa Malaysia in early 2007.
They can short sell.
Proprietary Day Trader cannot have clients
Shall not be a holder of a futures broker?s representative license.
Shall close off any Sell positions on T day.
Shall close off any Buy positions not later than T +2.
I heard most brokers give about 10 times multiple on the cash security deposit.
Profit earned is normally shared, about 60% to broker.
Have to bear 100% loss.

What are the main benefits of becoming a Proprietary Day Trader?
No brokerage.
Very easy to make profit because normally one bid can easily make profit.
Can shortsell.


What are the Disadvantages of Proprietary Day Trader?
Cannot have clients.
Cannot trade Mesdaq/ Ace market securities.
Profit need to share with broker.
Risky if skill is not good.
If shortsell, and then the stock get suspended, then cannot buy back the same day and will subject to buyin.



Extracted from http://politemarket.blogspot.com/

Posted by jessymna > 2021-02-03 15:31 | Report Abuse

Yes that 638 lots just being added into the RSS total volume as seen

Posted by henry888 > 2021-02-03 15:36 | Report Abuse

No wonder Bursa wanted to allow this as Bursa earned 40%. easy money at the real investor sacrifice and not increased liquidity. Should pull out let them play themselves.

Posted by jessymna > 2021-02-03 15:41 | Report Abuse

Ever since they lifted ban on RSS beginning of January, those stocks with good prospects and high trading interests/volumes are being targeted. Yesterday bursa spoken out that they have no intention to ban RSS anytime soon. So obvious because this is their bread & butter

Posted by henry888 > 2021-02-03 15:42 | Report Abuse

Best pull out.

Posted by henry888 > 2021-02-03 15:45 | Report Abuse

They said cap of 4% is not much, without big fund/corporation, small retailers, ikan bilis sure not able to absorb their selling pressure.

Posted by Kelvinchow87 > 2021-02-03 15:46 | Report Abuse

with this RSS...retailer nak cari makan pun susah...

Posted by henry888 > 2021-02-03 15:46 | Report Abuse

The only way out is all retailers unite like Topglove but even that they will impose a new law or warning..

Posted by henry888 > 2021-02-03 15:47 | Report Abuse

We cari makan are fair as we put capital in it and even in Bank also got interest.

Posted by Kelvinchow87 > 2021-02-03 15:47 | Report Abuse

@henry888
u create a GDEXeddit...lol

Posted by jessymna > 2021-02-03 15:50 | Report Abuse

GDEX hasn't continue shares buyback since December. Could be insiders doing RSS

Posted by Kelvinchow87 > 2021-02-03 15:53 | Report Abuse

last SBB on 08/january/21 volume=1925000, value=734171.06,avp=0.3814

Posted by Kelvinchow87 > 2021-02-03 15:54 | Report Abuse

from december 18 to january 08..total SBB
volume= 6196500, value= 2445063.6, avp= 0.3946