GFM SERVICES BERHAD

KLSE (MYR): GFM (0039)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.245

Today's Change

-0.01 (3.92%)

Day's Change

0.245 - 0.255

Trading Volume

2,180,900


4 people like this.

4,887 comment(s). Last comment by damansaraeagle 17 hours ago

maya1301

660 posts

Posted by maya1301 > 2020-10-05 11:14 |

Post removed.Why?

maya1301

660 posts

Posted by maya1301 > 2020-10-08 10:26 |

Post removed.Why?

burkon87

194 posts

Posted by burkon87 > 2020-10-09 07:06 | Report Abuse

Ermm..i want to collect more

Posted by cutecutepanda > 2020-10-09 11:10 | Report Abuse

i wan collect 10000 lot

Posted by cutecutepanda > 2020-10-09 11:11 | Report Abuse

please drop to 0.150 i wanna buy many many be top 30 share holder

Posted by Lo Wen Haur > 2020-10-14 09:26 | Report Abuse

jibai punya stock x pandai naik biar pun ada news

goodiewilly

2,903 posts

Posted by goodiewilly > 2020-10-14 19:41 | Report Abuse

I loss half cent of 500K shares...cb

maya1301

660 posts

Posted by maya1301 > 2020-10-15 10:26 |

Post removed.Why?

ahfad

1,880 posts

Posted by ahfad > 2020-10-15 12:27 | Report Abuse

Just join. Hope to gain some here. Technically still sideways but price already bottomed. FA seem promising, according website future jobs value rm1. 2 billion.

ahfad

1,880 posts

Posted by ahfad > 2020-10-15 12:35 | Report Abuse

Maintain above 0.17, next 0.19 and 0.21 and 0.25. Look long term chart if can maintain above 0.20 can target 0.36, 0.42 or above 40 cent. Huat. Hidden gems

ahfad

1,880 posts

Posted by ahfad > 2020-10-15 12:44 | Report Abuse

Somebody still collecting that why the price stagnant. Once finnish boom

ahfad

1,880 posts

Posted by ahfad > 2020-10-15 12:49 | Report Abuse

People will come more after 0.185

https://www.klsescreener.com/v2/news/view/730415

ahfad

1,880 posts

Posted by ahfad > 2020-10-15 12:50 | Report Abuse

Another 100% gain prospect like iris, smcap, hlt, solutn etc. Huat

aaronkxc

66 posts

Posted by aaronkxc > 2020-10-15 14:09 | Report Abuse

Hi @ahfad. Joining you here :)

ahfad

1,880 posts

Posted by ahfad > 2020-10-15 14:13 | Report Abuse

Hi aaronkxc. Huat huat. Welcome

Posted by i33investor > 2020-10-15 14:15 |

Post removed.Why?

Posted by Power Ranger > 2020-10-15 14:21 | Report Abuse

hi ahfad, joining u also.

ahfad

1,880 posts

Posted by ahfad > 2020-10-15 14:22 | Report Abuse

Welcome

ahfad

1,880 posts

Posted by ahfad > 2020-10-15 16:43 | Report Abuse

Monthly chart got buy signal dragon ball. Rsi oversold. Once price 0.185 sure got golden Cross. Company have make turn over where annual revenue steady for few years. Time to gap up

ahfad

1,880 posts

Posted by ahfad > 2020-10-15 17:00 | Report Abuse

Rm1. 2 billion orderbook news
https://www.klsescreener.com/v2/news/view/680339

ahfad

1,880 posts

Posted by ahfad > 2020-10-16 16:34 | Report Abuse

Wow so fast gap up. Hope can maintain above 0.180 or 0.185

Posted by jacksonkhs888 > 2020-10-16 16:58 | Report Abuse

@ahfad Good evening, Ahfad. Is it possible to gain 100% traction off from your calls here? I mean I don't see it from the technical viewpoint especially from Weekly's chart stochastic reading. Is there anything else that I happened to miss?

Please correct me if I am wrong but all I could feel from the momentum displayed by the Stochastic indicator from M1 to Weekly gave about an indication of only a few cts breakout... nothing more and nothing less. I do hope for at least a 10cts+ bound... I hope to hear from you and to gain some insight from your technical viewpoint.

ahfad

1,880 posts

Posted by ahfad > 2020-10-16 17:27 | Report Abuse

Jackson, I told earlier technically chart not yet any buy signal tf daily. But tf weekly gfm is oversold. Just now I checked tf30 buy signal just appeared. Gfm need to maintain 0.185 above then all buy signal appears especially above 0.20. Like I said yesterday, I like to buy early. Play like smart money. Based on rm1. 2b orderbook, above 40cent is no joke. I like to buy early, you can see when I buy smcap, iris, hlt, solutn etc. I always buy early. This company got good FA, dividend kind company. Stable. If really they can inked company that maintain Rnr at plus etc. Future is bright. Other Cikidis companies far more expensive, why don't buy gfm

Posted by jacksonkhs888 > 2020-10-16 19:43 | Report Abuse

@ahfad Hmm jim-dandy insight. However, does that not implied that the current technical direction is not in line with the fundamentals? I would like to unveil another segment where I think the fundamentals might not be up for show. Referring to the illustration on the 4H and Daily chart, there is a perceptible death cross in it whereby the data happened to pinpoint me towards the exhibition of a range-bound low momentum moves (I did indicate aforementioned that it could move as little as a couple of cts on a breakout if price managed to break 0.20).

With such a feeble buying pressure, can we expect a 10cts+ return? Expectation might bring us closer to 30cts but I felt that the current technical display seem to support a move up to 23cts at best... which gave us the opportunity to ran a quick short-term exploit on it. It's gratifying however I find myself uneasy with it since the risk on ROI seems to be unjustifiable for such play unless I've got more than a few hundreds of thousands to trade with to be able to reap massive reward off from it in the short-term.

In spite of that, if under assumption that the earnings from its orderbook were not "canceled/void" under any circumstances, I think we would have seen GFM surpassing 50cts high in the months prior, isn't it? Yet, it's not speculation for me to mentioned that since May of 2020, the highest it has traded was at the pinnacle of 25 cts. Isn't it a little suspicious for a stock with billions in its orderbook to reflect such a poor pricing in its equity performance?

I'm not here to pass a no confidence vote on you @ahfad, it's just that from the current technical view, this stock play is a little murky as opposed to SMCAP and with the date slowly creeping towards year's end... the uncertainty in liquidity will question the stock's ability to reach 100% of its orderbook valuation. Yet, the current condition seems a little far-fetched as opposed to what we've experienced in SMCAP.

What do you think? I'll love to see more from you after this comment. Thank you for listening and looking forward to your next comment the soonest!

ahfad

1,880 posts

Posted by ahfad > 2020-10-16 20:23 | Report Abuse

Agreed with you. like I said earlier. Current ta daily no buy signal yet. Tf30 got signal, tf weekly overbought. This chart will change when 1. Price change or/with 2. Volume change. If can suatain 0.185, then it will be on upside momentum. Can read rhb analysis too on gfm. You see annual profit, straight 4 years profit above rm100m, dividend kind counter too. What I see is somebody keep collecting this counter before another spike above 40cent. Usually it takes 2-3 years. Orderbook I said also is not include recent jobs award by Petronas. Al in all, buy. But with cash. I never use margin account, that's why I can keep smcap, iris for long. Around 2-3month before got more than 100%. It worth wait, maybe your game is not same like me.

Think we should understand chart is kuat behavioral pattern in numbers. If we study, human behaviour is always same. They will buy when ta shows buy signal in daily and other time frame eventho we can predict this counter is worth than current price. I bought smcap without ta shows buy signal also. Ta will come after price or volume comes. If got cash like me, it worth to buy early.

Another part government with little fiscal space might be in the future opt for Swiss challenge kind of procurement for maintenance. There are 3 companies expert in maintenance and able to do Swiss challenge ie gfm, advent and another company I forgot the name. Please check advent price and its profit and revenue. You will understand what I buy this counter

Posted by jacksonkhs888 > 2020-10-16 21:16 | Report Abuse

True, however, the case of a post accumulation tend to precede and not recede in nature. By default, it should be more than a convincing factor as you and I ought to know. The nature of its weak cyclical run seems to put a halt on its performance to cement a 50cts+ return in 2 months time. Besides, I, too, invest with a cash account, howbeit, I am not uncertain with my investment decision. In this case, I do agreed with your view of the similarities in the behavioral plays. However, isn't Advent in the healthcare segment?

Thank you for writing again, appreciate the little time you've for me.

ahfad

1,880 posts

Posted by ahfad > 2020-10-16 21:45 | Report Abuse

Adventa not doing healthcare per se. They doing hospital support service, waste management at hospital, laundry, including building maintenance and landscaping. This where their similarity goes. Let's see where price goes after this. Good with adventa they offer dialysis services where any company can do. It all lump under their hospital support service. Gfm in mean time I hope get to do univerties/offices support services. Gfm if government open more companies too do same or similar is next good candidate. Gfm also similar with adventa on Swiss challenge kind procurement. If you wanted to wait chart to be good. Wait price above 0.20.

maya1301

660 posts

Posted by maya1301 > 2020-10-16 21:47 |

Post removed.Why?

ahfad

1,880 posts

Posted by ahfad > 2020-10-16 21:52 | Report Abuse

Other similar company is radicare, uem edgenta and few in support service. Gfm I hope will get more jobs at building maintenance at other end. They decision to buy Amzass which do Rnr maintenance is good venture. Steady long term income.

ahfad

1,880 posts

Posted by ahfad > 2020-10-16 22:07 | Report Abuse

Look at downside, if wanna down only around 0.16-0.17, upside reward more convincing.

burkon87

194 posts

Posted by burkon87 > 2020-10-18 19:12 | Report Abuse

Sell slow2 tommorow..hehehehe

Posted by Power Ranger > 2020-10-19 08:57 | Report Abuse

masuk at 17.5cent and see see how far can GFM goes.

Posted by jacksonkhs888 > 2020-10-19 09:06 | Report Abuse

@Ahfad Good Morning, I am still unconvinced by the reaction of a 50cts run, hence, I shall join you only when my analysis firmly closes the opportune side by side along your analysis. For now, a short term move to 22-23 isn't an optimal play to my liking. Good luck and thank you.

ahfad

1,880 posts

Posted by ahfad > 2020-10-19 09:28 | Report Abuse

Jackson, chart will show all buy signal if GFM can maintain 0.185 level. Upward bias will appear. Cheers.

burkon87

194 posts

Posted by burkon87 > 2020-10-19 11:30 | Report Abuse

Going up cun lah..if going down collect lah..hehehe

ahfad

1,880 posts

Posted by ahfad > 2020-10-19 12:05 | Report Abuse

Correct burlon87. Bottomed already.

ahfad

1,880 posts

Posted by ahfad > 2020-10-19 15:09 | Report Abuse

Steady, buy buy.

ahfad

1,880 posts

Posted by ahfad > 2020-10-19 15:20 | Report Abuse

0.19 settle, next 0.21 and 0.23. If break above next above 30. Maybe 100% gain in here too? Who knows

maya1301

660 posts

Posted by maya1301 > 2020-10-19 17:19 |

Post removed.Why?

goodiewilly

2,903 posts

Posted by goodiewilly > 2020-10-19 17:46 | Report Abuse

-it dropped from 0.60...it shall go back 0.50 these 2 months as infrastructure projects are main focus to develop economy, GFM is specialist in project management..good

ahfad

1,880 posts

Posted by ahfad > 2020-10-19 17:55 | Report Abuse

Yeah above 40cent please. To those don't want, pls share what other good counter. At least gibes some fa and ta. No hope analysis

ahfad

1,880 posts

Posted by ahfad > 2020-10-19 17:58 | Report Abuse

According to rhb retail research, if can play above 0.185, upward bias is strong.

https://www.theedgemarkets.com/article/gfm-services-may-have-completed-bottombuilding-phase-says-rhb-retail-research

ahfad

1,880 posts

Posted by ahfad > 2020-10-20 06:34 | Report Abuse

Look at chart ema 12 crossing ema 25 and ema 50. If maintain above 0.185 this buy signal could attract more buyer. Other part, macd histogram above 0, macd 26, 12 above 9. Look long term and short term all buy signal came up. Good indicator

ahfad

1,880 posts

Posted by ahfad > 2020-10-20 10:55 | Report Abuse

0.19 discount but can try 0.185 too

Play_Joy

224 posts

Posted by Play_Joy > 2020-10-20 14:43 | Report Abuse

i all in comapny warrant to wait...GFM-WC

ahfad

1,880 posts

Posted by ahfad > 2020-10-20 15:34 | Report Abuse

Slow today, let see today's closing hope can maintain 0.185. Need to absorb t2, t3 before another spike above 20cent

maya1301

660 posts

Posted by maya1301 > 2020-10-20 15:36 |

Post removed.Why?

ahfad

1,880 posts

Posted by ahfad > 2020-10-20 17:10 | Report Abuse

Let's see what next. Keep dreaming too

burkon87

194 posts

Posted by burkon87 > 2020-10-21 21:36 | Report Abuse

Yeahh..time to collect..

ahfad

1,880 posts

Posted by ahfad > 2020-10-22 13:49 | Report Abuse

Buy buy.

Post a Comment
Market Buzz