hahaha chill la this counter stable counter. see whether you are trader or investor? investor buy and keep for long term. trader buy and sell in short term to see profit. stable counter hard to do trading unless you wait for right time. just to share my experience with this counter in 2020 i buy and sell this counter 3 times and profited all 3 times. The last i bought was in dec 2020 so that i can get warrant C which sold with price higher than my current loss with this counter. I can still hold this counter for next few months so will just hold, if profit i sell if still loss just keep. Like i say stable counter
Just wait for Q2 result...should be out today or tomorrow based on historical release dates. The buying interest with market expectation has shown it's towards the upside which I believe GDEX's topline revenues should be posting growth
Actually GDEX is not relying on hopeful vaccine distribution compared to other logistic companies such as tasco, tnlogis etc which explains their share prices rose up dramatically. GDEX's business growth is more on e-commerce....still plenty of upside considering the online shopping has been booming
“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.
The rise of e-commerce and online transactions is set to drive demand for delivery services in the region as well, especially in Indonesia and Vietnam, two markets GDEX is set to focus on, to drive growth of the group.
“We remain optimistic with the growth as both the markets in Indonesia and Vietnam are huge, with 270 million and 100 million populations respectively. We will leverage the end-to-end solution that we have developed so far in Malaysia and be able to service our customers’ requirements in the South-East Asian region,” said Teong.
In Indonesia, its 44.5%-owned associate, PT SAP Express (SAPX), started as an emerging courier company five years ago and has become among the top 10 courier companies in the country.
In Vietnam, GDEX has a controlling 50% stake in Noi Bai Express & Trading Joint Stock Co and is predominantly doing business-to-business delivery services. It has a comprehensive network throughout the country.
With the increasing oil price, raising cost of labor, we don’t think Gdex is a good buy at the moment. PE 105. Price to Book ratio 4.61! Whopping expensive!
funny loh heather19 u want people sell to you i understand. but how you compare pos -profit to gdex +profit? ofcos not same ma... cincai also will be better. look at tnlogis july price. look at tnlogis price today. tnlogis price is already add in. then see gdex july price , and gdex price now. gdex price still not add in .
GDEX never have a loss making quarter in its lifetime even during pandemic year 2020. POS is a GLC while GDEX is owned & run by the best in the industry...
1) Teong Teck Lean (GDEX's CEO): 39.057% (*Teong bought another 6 million shares 21-28 December 2020) 2) Yamato Holdings Limited (Japan): 22.86% 3) Singapore Post Limited (Singapore): 11.63%
The above 3 entities controlled GDEX's 73.547% shareholdings. Would have increased their stakes further if they exercise their free warrants from recent corporate exercise.
U funny also loh...dont know why gdex wont add in? gdex is 5times tnlogis market cap. U think gdex can profit 5times tnlogis profit? I cincai say only. U think why la.
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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....
ranacinggey
497 posts
Posted by ranacinggey > 2021-02-22 09:26 | Report Abuse
apa la ini kaunter......