GFM....profit every Qt. Dividend paying entity. Impending bonus(free warrant) Bought a high growth company(High Base) Yet....not showing its full potential
Bonus issue of up to 379,731,068 free warrants in GFM ("Warrant(s)") on the basis of 1 Warrant for every 2 existing ordinary shares in GFM held by the entitled shareholders of the Company on 5 July 2024
Further to Ref No. ILC-21062024-00006, kindly be advised of the following :
1) The above Company’s securities will be traded and quoted “[EX-BONUS ISSUE]” as from: 04 Jul 2024 (remain unchanged) 2) The last date of lodgment : 05 Jul 2024 (remain unchanged)
GFM Services Berhad (GFM) has shown strong potential in the Kuala Lumpur Stock Exchange (KLSE), particularly with recent developments such as their successful bonus issue and entry into the oil and gas sector. Over the past few months, GFM's share price has been fairly active, though it faced some resistance at around 40 sen. Analysts suggest that if it can surpass this resistance, the price could potentially reach 55-60 sen in the near term. However, the current underlying stock price is around 29 sen, and the market is somewhat volatile( Bursa Malaysia (KLSE) Market Summary Bursa Malaysia (KLSE) Market Summary ).
The issuance of free warrants and GFM's venture into high-growth sectors like oil and gas could positively impact the stock price, but the short-term performance will depend on how well these ventures are received by the market. Overall, GFM appears to have a solid foundation, but market conditions will play a critical role in its performance over the next month.
GFM price sliding and sliding and sliding after the issued of the Warrant!!! What's happening? Qt result announcement soon. Maybe something good in store? To boost up the share price! I m sure GFM band of loyal supporters are getting edgy!!!!
GFM Services Berhad, a Malaysian facilities management service provider, has reported its financial results for the third quarter of 2024. Third Quarter 2024 Financial Highlights: Revenue: MYR 48.03 million, a 40% increase from MYR 34.29 million in the same quarter of 2023. Net Income: MYR 7.09 million, up from MYR 5.22 million in the third quarter of 2023. Earnings Per Share (EPS): MYR 0.01. Nine Months Ended September 30, 2024: Revenue: MYR 144.98 million.
Net Income: MYR 27.41 million. I3INVESTOR Stock Performance: As of December 18, 2024, GFM Services Berhad's stock is trading at approximately MYR 0.255 per share.The company's market capitalization is around MYR 194 million. Company Overview: GFM Services Berhad specializes in providing comprehensive facilities management services across various sectors in Malaysia. The company has demonstrated consistent revenue growth, with an average annual increase of 8.2%. It maintains a return on equity of 14.2% and net profit margins of 15%. Overall, GFM Services Berhad continues to show strong financial performance, with significant revenue and net income growth in the latest quarter, reflecting its effective operational strategies and market presence.
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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....
shashen
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Posted by shashen > 2024-06-05 14:53 | Report Abuse
bila mau cecah 50 ni