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2021-02-03 17:55 | Report Abuse
If you're in for long-term, always buy at support. 0.35 seems to be the base before it goes downtrend, especially as short and medium moving averages are looking negative. GDEX has been in a bearish mode after multiple lower low hits between 3 Nov-31 Jan. So far that has not been the case in February, but it's important for it to break the 0.41 resistant to justify its growth potentials.
In anticipation for record quarter, stronger buying support is necessary to overcome the RSS and soon IDSS. If the build up is good enough, GDEX-CS is a great short-term play as it has hit all-time low of 0.025 today. Scoop enough and it can multiply your capital gains when breakout happens. The coming 3-4 weeks are very important before time decay factors in.
So retailers need to all unite. We have seen how RSS has reduced in Top Glove in the past few days as a result of retailers' buying support. GDEX is a great company and major benefactor of movement restriction and increase of e-commerce transactions. But not a lot of people are aware of the upside potentials in GDEX as its share movement is minimal due to large floating share base of >2bil. However, we have seen at various points in March, April, May and November 2020 that it is possible to push GDEX higher.
Go go go!
2021-01-30 19:32 | Report Abuse
Average down and keep the buying pressure up. Buy at next support. Even directors recently acquired at 57.5c with private placement at 60c. Clearly there is value in this company.
2021-01-30 19:29 | Report Abuse
Hold on tight. Scooping more as GDEX recovers from ongoing consolidation. GDEX-CS to rocket soon
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.
2021-01-29 01:05 | Report Abuse
Go for GDEX-CS. Current value 0.04 with 2:1 ratio. Exercise price 0.40. You are in the money when GDEX gets to 0.408. GDEX's current price is 0.375. Push GDEX and GDEX-CS will go to the sky. Fundamentally strong, cash rich, #1 market share in delivery logistics, expecting highest revenue quarter ending end of Feb.
Stock: [GDEX]: GDEX BERHAD
2021-02-15 21:00 | Report Abuse
Those who entered GDEX-CS at 0.035 already up 14% today. Hope short sellers are done pushing down GDEX and support the upside instead. When that happens, all it takes is one major spike for GDEX-CS to break through the room. Recall in early Nov GDEX-CS went up by >200% when GDEX moved from 0.38 to 0.52 in one day