Its like telling yourself, you should buy yesterday's toto first price no instead of your car no....haha

samiar This blardy counter blow hot air only. If want to move up, learn from K1 and EG. What a waste of potential!

Yes mask and glove is a different product, everyone knew that. But the supply and demand cycle is the same. Demand surge, manufacturers ramp up production, oversupply of products, price go down.

https://www.thestar.com.my/business/business-news/2020/06/30/glove-prices-soften

Face mask had dropped from RM75/box to RM18. Glove will follow up, with surge in supply.

Don't confuse valuation with profit

Oversea operation is even more challenging (mostly loss making) due to lack of economy of scale. Even though oversea market is huge, don't forget there are many competitors as well. Having oversea operation will drag down the profit even more.

Increase in online purchase won't benefit GDEX. I have been ordering alot of stuff online, never once deliver by GDEX. They are out of the picture.

Initiate strongest sell warning ever on all rubber glove stock.
The hype is over. Others manufacturers around the world already ramp up their production by few folds, soon will oversupply like face mask, and price dive.

There is no way traditional courier company like GDEX can grow its profit with the emergence of technology driven courier like J&T, Ninja Van and other startup which is heavily funded by big money.

It need to get into more debt to maintain its business. Cash flow out too fast and furious. No cash still can pay dividend, thumb up.

Mask now selling for RM20+ for 50pcs on Shopee compare to last time RM70+. With surge in demand, all manufactures ramp up their production exponentially. Same goes for glove. Insiders have been dumping their share.

This is nothing but day light robbery. Purposely push down to record low and privatise.

Fair price
TP18 @ P/E 150x

Kenanga so modest with its TP.
Fair TP15 @ P/E 130x

Apah amah...why drop?
TP25

Upgrade fair price to 25 @ P/E 120x

Buy. P/E 100x is fair

Buy bilises, Covid-19 is here to stay
TP20 P/E 100x

Eg. Now 0.355
You buy in at 0.32
Price go down further to 0.20
Major shareholder offer to take private at 0.20 + 50% premium @ 0.30.
You still lose money.

Major shareholder not that naive.
Probably they will further depressed the price and take it private.

jackson88 So, it is better if Star shutdown its newspaper business and sell of property. And distribute all money back to shareholder. Easily everyone get more than RM1.20 each share

Covid-19 even more happier

Fair price 0.10. Business model is interrupted. Competitor is basically offering free delivery.

Already said, revenue sure go up, profit sure go down

Syukur...virus masih kuat

Revenue sure up, profit sure down.

TP20. Sky is the limit. P/E 100x

Fat margin is to feed fat Japanese executive la. Won't be reflected in company profit. Anyway most of the profit come from property management aka rental, not from grocery.

Its time to buy bilises. TP20

US going to further reduce funding on AIDS prevention to NGO. Tender segment to contracts further.

Profit will continue to shrink with increase revenue la

0.50 incoming

J&T backer got tonnes of money. 50 million is pocket change for them. No worry. Their backer make tonnes of money from e-commerce and channel back the money to J&T. Thus ensuring delivery charges remain low. Those without backer will suffer.

Close your eye and buy. There will be a lesson to be learned here.

Most of the volume growth come from e-commerce. Other segment quite stagnant. I prefer to use J&T coz they r super easy. Order from Shopee just pack and drop at their office. No need q, no need fill in form and no need to pay

Strong buy...Don't miss the train
TP 20

Ninja van, JDT all this courier company act as charity for e-commerce giant. Not suppose to make money. GDEX is unfortunate to stuck in this charity industry.

J&T office operate from 8am to 8 pm. Cannot fight d la GDEX. These new player is funded heavily by big e-commerce heavyweight with tonnes of money. Throwing in money to make sure delivery charges is "affordable". By affordable they means "free"

With J&T and other new player expanding like crazy and offer almost 0 delivery fee, GDEX profit is expected to be squeeze further

https://www.cnbc.com/2020/05/02/warren-buffett-says-berkshire-sold-its-entire-position-in-airlines-because-of-the-coronavirus.html

God of stock already sold all airline stock... What u waiting??

Kantoi....another political apointee

Yongtai valuation should be based on scrap metal price.

Hehe... Highly unlikely will survive unless another generous white knight come to the rescue

Quite expensive at P/B 1.0x. It had unperformed for few years already, thus fair valuation should be P/B 0.5x or around 0.25.

Diworsification. Further downgrade to 0.20

Don't worry. PNB will support to create job opportunity. SAPSNG is a non profit org. anyway

SAPSNG unlikely to survive

Syukur lah... Masih blom bankrupt

There is chance the PAS gov will take the opportunity to close down the casino for good. Its now or never.

Doing charity only

Brent crude is expected to hit USD10 per barrel unless OPEC take a dractic cut of 50% output

https://www.theedgemarkets.com/article/malayan-flour-mills-proposes-sh...

Now propose buy back share. Later no money, right issue again. Haha