The next resistance of 1.75 if broken will carry it to greater heights. I believe the 1.75 resistance should be broken this afternoon.

Year’ High : 2.25  Low : 0.82

Background

GD Express Sdn Bhd (GDEX) was formed in 1997 to provide express delivery service for both the domestic and international markets. It operates a network of 130 stations, comprising 55 branches, 2 affiliate stations, 49 agents and 24 lodge-in centres throughout East and West Malaysia. GDEX has a fleet of more than 350 trucks and vans used primarily for hauling of documents and parcels between stations and the National Hub (termed "line-haul" fleet) for local pick-ups and deliveries. The company express delivery service operation is structured along the "Hub and Spoke" concept whereby customers packages are collected by the branches, sent by trucks to a Central Clearing Hub for sorting and then redirected to their ultimate destinations. The group currently employs more than 1800 staff. GDEX is the first local express delivery company to obtain ISO 9001: 2000 (Quality Management System) certification for all its entire 25 departments in 2003. In November 2009, GDEX upgraded its (Quality Management System) to ISO 9001: 2008 covering 27 departments. In November 2012, GDEX obtained ISO 14001:2004 (Environmental Management System) certification. Both systems were integrated as Quality and Environmental Management System to facilitate operations procedures complying with two international standards. GDEX is listed on the ACE market of Bursa Malaysia (previously known as MESDAQ of KLSE) through its holding company GD Express Carrier Bhd in May 2005. (sourced by: http://www.gdexpress.com/history.php)

Website:
http://www.gdexpress.com

Last Price : 1.740     +2.96%

Volume : 16,009

Change : +0.050

Ref : 1.690

Open : 1.710

High : 1.750

Low : 1.700

Share Price on 22 Dec 2015

GDEX Financial Information

Market Capital (RM) : 2.173b

EPS (cent) : 2.35 *

P/E Ratio : 74.04

Par Value (RM) : 0.050

Number of Share : 1.249b

NTA (RM) : 0.120

Dividend (cent) : 1.125

Dividend Yield (%) : 0.65

* Calculated based on the net profit of the trailing twelve months and latest number of shares issued.

GDEX Quarter Report History

REFERENCE MATERIAL : http://klse.i3investor.com/blogs/gainvestor10sai.blogspot.com/87728.jsp

HAPPY TRADING & GOOD LUCK

BURSAMASTER

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