GFM SERVICES BERHAD

KLSE (MYR): GFM (0039)

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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

burkon87

194 posts

Posted by burkon87 > 2020-11-17 15:46 | Report Abuse

Looonnggg rideeeee..

Michael Kwok

6,352 posts

Posted by Michael Kwok > 2020-11-17 21:25 | Report Abuse

Are u all ready for the boom?

Uncle1955

89 posts

Posted by Uncle1955 > 2020-11-17 21:32 | Report Abuse

please boom faster

Posted by maxstore769 > 2020-11-18 11:23 | Report Abuse

strong support 0.165 but also heavy resistant 0.185. blocking price at top so shark can collect at 0.165. very obvious. so let join them to collect.

apple1999

190 posts

Posted by apple1999 > 2020-11-19 15:01 | Report Abuse

stupid counter can't break 0.18. operator only collect 0.175

aaronkxc

66 posts

Posted by aaronkxc > 2020-11-19 16:42 | Report Abuse

Such a slow wait..

Posted by maxstore769 > 2020-11-20 08:19 | Report Abuse

still collect for a month?

Akifuyu

154 posts

Posted by Akifuyu > 2020-11-20 11:32 | Report Abuse

soon when golden cross occurs, more people will take notice.

apple1999

190 posts

Posted by apple1999 > 2020-11-20 16:43 | Report Abuse

tot this counter got work with slvest, now solar theme so hot this one still not moving

Posted by maxstore769 > 2020-11-22 10:16 | Report Abuse

oib

Posted by maxstore769 > 2020-11-22 10:17 | Report Abuse

oib

Posted by sundaymorn13 > 2020-11-26 09:47 | Report Abuse

Technical is all set. Good news with the budget today (hopefully), and QR tomorrow. Good luck everyone, put on your seatbelt, see you on Monday

Posted by maxstore769 > 2020-11-26 11:02 |

Post removed.Why?

goodiewilly

2,903 posts

Posted by goodiewilly > 2020-11-26 21:43 | Report Abuse

Good QR..tomorrow up

Michael Kwok

6,352 posts

Posted by Michael Kwok > 2020-11-26 23:22 | Report Abuse

This counter on services not related to solar or even construction.Please read below.Its recurrent income from project there get.

GFM Services Bhd is engaged in investment holding company. Its core business is in providing Facilities Management services, which includes both hard and soft service offerings such as civil & structural plumbing, electrical systems, landscaping, and mechanical systems, amongst others. It also offers Facility Consultancy and Advisory services which are the specialist advisory arm of the Group.

Posted by shorttermtrader > 2020-11-27 13:50 | Report Abuse

Hi Michael what is your target price for Gfm ?

Posted by maxstore769 > 2020-11-27 14:44 | Report Abuse

1111111111111111111111111

burkon87

194 posts

Posted by burkon87 > 2020-11-27 16:10 | Report Abuse

Look next year lah

UlarSawa

35,552 posts

Posted by UlarSawa > 2020-11-30 09:47 | Report Abuse

Michael Kwok. GFM involve in solar businesses. thank you.



The Board of Directors of GFM Services is pleased to announce that on 1 July 2020, the Consortium of Atlantic Blue Sdn. Bhd. and Global Facilities Management Sdn. Bhd. had entered into an engineering, procurement, construction and commissioning services ("EPCC") contract with Go Energy Sdn. Bhd. (formerly known as "Talent Cloud Sdn. Bhd.") for the provision of EPCC for the development of the Solar Photovoltaic ("PV") generation system at 6 Universiti Teknologi MARA ("UiTM") campuses.



The details of the announcement is attached herewith.



This announcement is dated 1 July 2020.

UlarSawa

35,552 posts

Posted by UlarSawa > 2020-11-30 09:48 | Report Abuse

can the momentum carry on few more days? if yes then can break out from current range play.

UlarSawa

35,552 posts

Posted by UlarSawa > 2020-11-30 10:13 | Report Abuse

With petronas contract on PIC started in sept .the contribution will be reflected on Q4 QR. so is this possible to break 2018 net profit. let us wait and see next QR. Stay invested for another 3 mths to see the result.


Kuala Lumpur, 1 October 2020 – Integrated Facilities Management service provider, GFM Services Berhad (“GFM” or “the Company”) and its subsidiary companies (“GFM Group” or “the Group”) has secured a contract to provide Operations and Maintenance (“O&M”) services at PIC Village 1 & 2 and all the associated facilities, non-process building and gate houses at Pengerang Integrated Complex (“PIC”), located in Pengerang, Johor. GFM’s wholly-owned subsidiary, Global Facilities Management Sdn. Bhd., secured Letters of Award (“LOA”) from PRPC Utilities and Facilities Sdn. Bhd. and PETRONAS Refinery and Petrochemical Corporation Sdn. Bhd, for the O&M services of the building premises occupied by both companies, respectively. Both of these companies are under Petroliam Nasional Berhad (“PETRONAS”) Group and are responsible for the utilities, site development and other infrastructure facilities required by PIC. The contract is valid for a period of 3 years from the commencement date on 14 September 2020. Under the LOA, GFM’s scope of services comprise of O&M services of buildings, common facilities and utilities, preservation of buildings and facilities, canteen operations and catering services, pantry consumables and stationeries supplies, PIC muster point maintenance and others.

UlarSawa

35,552 posts

Posted by UlarSawa > 2020-11-30 10:15 | Report Abuse

GFM first 3 Qtrs were profitable with total net profit of 5.2mil which is almost equal to 2019 full year 5.9m net profit. if Q4 2020 still profitable with 2mil plus. confirm it will break 2019 or even 2018 net profit of 7.6mil net profit. So at current price is this cheap compare to last year price or even 2018 price?

Posted by spicyketchup > 2020-11-30 11:43 | Report Abuse

If you put it that way seems pretty logical that it is cheap. Picked up a few lots today. Thanks for the info.

strattegist

23,459 posts

Posted by strattegist > 2020-11-30 14:05 | Report Abuse

dung dung chak... dung dung chak...

Hitman

1,299 posts

Posted by Hitman > 2020-11-30 15:41 | Report Abuse

0.50 coming

Posted by maxstore769 > 2020-11-30 22:55 |

Post removed.Why?

Triple_H

94 posts

Posted by Triple_H > 2020-11-30 23:03 | Report Abuse

Support at 0.18 n resistance at 0.195... if break 0.195 can go higher...

dinz3483

16 posts

Posted by dinz3483 > 2020-12-01 00:23 | Report Abuse

See in 0.215 tomorrow

Posted by shorttermtrader > 2020-12-01 08:59 | Report Abuse

can it break 0.195 today ? ? ?

UlarSawa

35,552 posts

Posted by UlarSawa > 2020-12-01 09:03 | Report Abuse

Be patient.

Posted by maxstore769 > 2020-12-01 09:24 | Report Abuse

limit up today

UlarSawa

35,552 posts

Posted by UlarSawa > 2020-12-01 10:02 | Report Abuse

why say limit up? any reason?

jguy

97 posts

Posted by jguy > 2020-12-01 10:11 | Report Abuse

challenge is breaking the current ceiling price, once broken can go back to December 2019 price circa 0.28-0.26

UlarSawa

35,552 posts

Posted by UlarSawa > 2020-12-01 10:50 | Report Abuse

As long as Next QR can better than current QR. GFM share price will recover. The 3 directors holding 300mil out of 520mil shares. Minus those long term shareholder die die wont sell one. Left not many free float shares available. Sooner or later it will be up again. just be patient.

strattegist

23,459 posts

Posted by strattegist > 2020-12-01 12:55 | Report Abuse

dung dung chak...dung dung chak..

apple1999

190 posts

Posted by apple1999 > 2020-12-01 14:19 | Report Abuse

operator no power. consolidate since april

Posted by shorttermtrader > 2020-12-01 14:33 | Report Abuse

Not operator no power lah ... operator not yet collected enough ticket yet . Let operator collect more free float shares in market then only start pushing is much better and the share price will go much higher .... cheer! : )

aaronkxc

66 posts

Posted by aaronkxc > 2020-12-01 15:23 | Report Abuse

Wonder when only can move..

Posted by sundaymorn13 > 2020-12-01 15:31 | Report Abuse

In my opinion this "boring" counter in a "boring" industry has been sideways for so long that most of the operators have lost interest, so expect no big swings or fluctuations typical in other ACE counters, but we should see a slow but steady climb to reflect the good company performance. It is good enough if they can improve on the dividend yield, and continue to slowly climb in revenue and profit as we move on, as this will generate honest interest to the counter. At this point this counter should focus on recovery to it's 30 sen mark, then hopefully achieve it's fair value of about 40 sen. For new eager and impatient traders, this is a good counter to teach you the 'investment' part of stock trading.

UlarSawa

35,552 posts

Posted by UlarSawa > 2020-12-01 16:28 | Report Abuse

Agree with you. So far past 4 yrs GFM has been generous to pay dividend as long as the company can generate decent profit except FY2019 with lesser dividend due to lower profit. FY2020 if nothing goes wrong it should be with higher profit. Hope can have better dividend payout. just be patient.

maxtorque

16 posts

Posted by maxtorque > 2020-12-01 17:00 | Report Abuse

Still in coma stage

Michael Kwok

6,352 posts

Posted by Michael Kwok > 2020-12-01 22:48 | Report Abuse

Please,challenge u all dun buy.But buy also say no good.The pattern of stocks determine how fast it's go.

UlarSawa

35,552 posts

Posted by UlarSawa > 2020-12-02 10:53 | Report Abuse

Michael Kwok. cool down man. forum is a place for those impatient ones to release their frustration only. Thank you.

fhis

1,207 posts

Posted by fhis > 2020-12-02 14:54 | Report Abuse

looks like it might move anytime soon...just monitor closely if the buying starts... I am hoping to get a good return from this one...

maya1301

660 posts

Posted by maya1301 > 2020-12-02 17:35 |

Post removed.Why?

Posted by maxstore769 > 2020-12-02 20:25 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2020-12-02 20:46 | Report Abuse

be patient.

fhis

1,207 posts

Posted by fhis > 2020-12-03 15:30 | Report Abuse

coming...flying

KY1777

64 posts

Posted by KY1777 > 2020-12-03 15:31 | Report Abuse

fllyyyyyy

fhis

1,207 posts

Posted by fhis > 2020-12-03 15:32 | Report Abuse

breakout 0.20...eyeing for 0.25

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