JP01 is right, in inflation situation price has to increase to keep operation expenses running.. competitors who remain or reduce price to gain market share will KO faster and lose market share even faster becoz not enough money to keep operation running. in 2014 gdex increased their handling fees, share price shoot up.
Don’t forget the increase of minimum wages will also impact on every industry starting 1st May. There is possibility for competitors to increase their price sooner.
Technically weekly chart still not so nice, after 3 Crows uptrend candlestick is too short and didn't continue with another uptrend candlestick last week, have to monitor this week movement if could stand at 230/240 end the week with green candle then in April it could go to 250 and above.
Is still too early to judge, I have a feeling with last week volume uptrend should be near but have to see the following week movement, same time can also take a look at POS, fundamental are getting better,rates increase, expenses reduce and last quarter also reduced based on last results 0.70 - 0.80 is very likely to happen in short term.
Don't be supprise with KLCI indexs up to 1650 or close to 1700, All in the right tracks with border opening, and big players collected enough bullets to shot.
When I kena burnt you don't know leh... Usually month end index closing not so active, let's wait for few more days.
Gdex you can't shot all bullet at 1 time slowly collect bit by bit, no rush, this kind is monthly investment plan, I see there are volume to control the price at 220,butvlers see!
Go around saw most post and online shopping using - J&T and Ninja Van None is for G-dead Even in a small district area, u can see alot blooming J&T, Poslaju, Ninja van, Podstore, Just don have G-dead
Constant drop since 2020 - and still dropping in 2022 Warrant drop since it release till now with more than 50% Wonder any one ever make money especially those purchase after it bonus and split issued
Wait break 0.175 then top up ...later top up another at 0.15 , all in if below 0.05 Pos loss million for numerous quarter yet still above 0.5, Gdex never make loss but less than 0.25
Most of the times when you bought a stocks that make you lose and you wait for it to renounce but its depend this might take you short or long time to recover your loss: If you decide to sit and wait then you need to have a plan, if you still think is a good stocks then average it and wait, stocks like Gdex is difficult to predict when it will renounce back, this will take times as it ah Lean know what he is doing.
Another way is set your cut loss and choice another stocks that market trend and fundamentally will move up, like fertilisers, plantation, bank, logistic players that owned Port
Although G-bai is making profit every Q, but EPS is still too low, too much tickets make this counter less competitive, in next AGM Lean proposed to get approval to buy back shares through company investment. 2 way to make it buy back and cancelled off that will increase EPS, another way is continue to purchase back at low price and convert it when share price up appreciate.
I think get approval, continue to purchase back will be the way of it,so better see and wait unless it break 235 - 255.
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....
JP01
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Posted by JP01 > 2022-03-25 15:01 | Report Abuse
It seems the show will start very soon