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

UlarSawa

35,552 posts

Posted by UlarSawa > 2020-12-03 15:42 | Report Abuse

undervalued stock. need time to show the potential. waiting patiently will be rewarded.

UlarSawa

35,552 posts

Posted by UlarSawa > 2020-12-03 15:44 | Report Abuse

chart wise. Technically show sign of bullishness. Just need to clear the few small resistants. be patient.

burkon87

194 posts

Posted by burkon87 > 2020-12-03 16:25 | Report Abuse

Haihh..i want to collect moree..ermmm

Posted by sundaymorn13 > 2020-12-03 17:40 | Report Abuse

Who was that, park so much at 0.20... Spike in volume today... Something brewing?

Posted by spicyketchup > 2020-12-03 19:39 | Report Abuse

noooo.. wait for mee.. busy pulak past 2 days.. i need more.

Posted by maxstore769 > 2020-12-04 07:58 | Report Abuse

collect222222222

UlarSawa

35,552 posts

Posted by UlarSawa > 2020-12-04 08:07 | Report Abuse

Assalamu'alaikum warahmatullahi wabarakatuh.

Uptrend still intact. Be patient.

Posted by newtrader_t > 2020-12-04 11:41 | Report Abuse

i sold some at 0.185 that day. This counter really challenge patience XD

strattegist

23,459 posts

Posted by strattegist > 2020-12-04 14:39 | Report Abuse

dung dung chak... dung dung chak

burkon87

194 posts

Posted by burkon87 > 2020-12-04 15:31 | Report Abuse

Time to collect back..wait at 0.175

UlarSawa

35,552 posts

Posted by UlarSawa > 2020-12-04 16:12 | Report Abuse

support still strong at 18 5sen. be patient.

UlarSawa

35,552 posts

Posted by UlarSawa > 2020-12-04 17:15 | Report Abuse

be patient.

nokidding

129 posts

Posted by nokidding > 2020-12-04 21:14 | Report Abuse

Will go sideways 10 more yrs or nt hahahaa

UlarSawa

35,552 posts

Posted by UlarSawa > 2020-12-04 21:46 | Report Abuse

no need 10 yrs. 3 months can see result already. be patient.

Akifuyu

154 posts

Posted by Akifuyu > 2020-12-04 22:44 | Report Abuse

UlarSawa in 3 months 0.5 can?

Posted by sundaymorn13 > 2020-12-05 02:25 | Report Abuse

Tough question.

Will it go up to 50 sen? Definitely. Will it go up more than now in 3 months? Definitely. Will it go up 50 sen in 3 months? There might be a rally in the near future, but if continue at current pace, then in my opinion is maybe not so fast.

Many factors in play, namely if economic situation recovers then more counters will grab attention over this counter. As I said previously, it's a naturally 'boring' IFM services, steady revenue throughout year, no excitement. Purely looking at its YTD revenue also, is just at 84m, and full-year is certain to be lowest compared to last 2 years.

However, their current profit margin at Q3 already on par with FY19, and it's very possible to beat their 2-year profit record, barring any tax hit like last year. On track to post +40% profit vs FY19, and that will definitely grab some headlines. If this happens, GFM will start FY21 flying.

In my opinion, lowest revenue but highest profit in 2 years especially in this eventful year showcases how much the board understand their business, and experienced enough to adapt to headwind situations. Look how they are also expanding to concessions, which now already supply almost 40% of their revenue just through KP Mukah alone (and will continue to provide steady income for the next 20 years). With the potential Amzass acquisition, they will certainly add to the revenue contribution from concession arrangements in the future, not to mention they keep expanding into new industry and reaching new set of potential clients. All this is on top of their already large RM1bil orderbook.

My own conclusion, this undervalued company has proper direction business-wise, and is looking to expand rapidly. It explains the pitiful dividends (only 1-2%, come on GFM, at least give us FD rates), and the goal since 2017 as far as I know has always been to reach the Main market, and so far I see that every company decision has been towards that objective, despite unforeseen bumps. Not a goreng stock, more like herbal soup that takes time to brew, to be enjoyed by seasoned veterans and the patient (pun intended).

UlarSawa

35,552 posts

Posted by UlarSawa > 2020-12-05 08:22 | Report Abuse

Want 50sen in 3 months? Then must show at least multiple folds net profit of 5mil to 6mil in next QR. See how much contribution from new PIC and Educity contracts. Share price need to build new base first. As long as new buyers snap up all the old sellers shares. Old sellers will have no choice to buy back at higher price. Then the base will be higher. be patient.

Akifuyu

154 posts

Posted by Akifuyu > 2020-12-05 23:10 | Report Abuse

Thankyou sunday and ularsawa for the elaborated answers.

Posted by maxstore769 > 2020-12-07 08:05 | Report Abuse

will goreng in future

studz

19 posts

Posted by studz > 2020-12-07 15:58 | Report Abuse

wait to retrace a little then can accumulate more.

UlarSawa

35,552 posts

Posted by UlarSawa > 2020-12-07 16:19 | Report Abuse

be patient.

Bruce_ali

61 posts

Posted by Bruce_ali > 2020-12-07 23:00 | Report Abuse

look ibhd and mkland chart.really similar.this could be the last boat

Posted by maxstore769 > 2020-12-08 08:23 | Report Abuse

GOO

UlarSawa

35,552 posts

Posted by UlarSawa > 2020-12-08 08:53 | Report Abuse

good morning. need to clear the small but stubborn resistants ahead. be patient.

Posted by spicyketchup > 2020-12-08 12:43 | Report Abuse

dub dap dub dap. gan cheong.

Posted by maxstore769 > 2020-12-08 20:42 | Report Abuse

/

UlarSawa

35,552 posts

Posted by UlarSawa > 2020-12-09 20:13 | Report Abuse

why cutloss if next QR will be better to show GFM value? correct?

Uncle1955

89 posts

Posted by Uncle1955 > 2020-12-11 12:15 | Report Abuse

this stock is wasting time..from April the price stagnant..back to square..just cut and join other theme.

Posted by spicyketchup > 2020-12-11 15:37 | Report Abuse

=(

Posted by merrolshffq > 2020-12-11 18:28 | Report Abuse

Warrant can buy ah?

Posted by Lo Wen Haur > 2020-12-11 18:40 | Report Abuse

rubbish stock

Posted by maxstore769 > 2020-12-11 20:20 | Report Abuse

sideways

Posted by maxstore769 > 2020-12-12 07:40 | Report Abuse

wait33

Posted by GenFTrader > 2020-12-13 10:43 | Report Abuse

https://www.tradingview.com/x/ztHMRHPM/

My SWING TARGET WITH GFM 0.565..
Good Kaunter

Posted by GenFTrader > 2020-12-13 10:45 | Report Abuse

dont say rubbish ..in future you will see rubbish or not...
hhaaa

Posted by GenFTrader > 2020-12-13 10:57 | Report Abuse

https://www.tradingview.com/x/43JO8txG/

Warrant soon will break and give you reward..

Posted by GenFTrader > 2020-12-13 11:39 | Report Abuse

https://www.tradingview.com/x/ENVE2H5Q/ my full chart plan

Bruce_ali

61 posts

Posted by Bruce_ali > 2020-12-13 14:44 | Report Abuse

rubbish?kau tunggulah bila dah abis accumulate.tunggu masa ja nak tembak

UlarSawa

35,552 posts

Posted by UlarSawa > 2020-12-13 20:39 | Report Abuse

be patient.

Uncle1955

89 posts

Posted by Uncle1955 > 2020-12-14 15:17 | Report Abuse

while else making money bit by bit..you all please be patient guys..kikikiki...next year flyyyyy 0.50

fhis

1,207 posts

Posted by fhis > 2020-12-15 11:28 | Report Abuse

Monitor GFM, should start the uptick anytime.

FakeSifu

319 posts

Posted by FakeSifu > 2020-12-15 14:57 | Report Abuse

This company still have business kah?

Posted by maxstore769 > 2020-12-16 08:52 | Report Abuse

so slow o

fhis

1,207 posts

Posted by fhis > 2020-12-16 12:12 | Report Abuse

See how far this time it can go...

fhis

1,207 posts

Posted by fhis > 2020-12-16 12:20 | Report Abuse

Immediate target 0.20.. see if it can break this key resistance this afternoon

aaronkxc

66 posts

Posted by aaronkxc > 2020-12-16 13:17 | Report Abuse

Hopefully. But not hoping much. Always disappoint. Haha

apple1999

190 posts

Posted by apple1999 > 2020-12-16 13:55 | Report Abuse

See operator wants to break or not, once break will gain momentum

UlarSawa

35,552 posts

Posted by UlarSawa > 2020-12-17 12:15 | Report Abuse

be patient.

Posted by maxstore769 > 2020-12-17 14:05 |

Post removed.Why?

Uncle1955

89 posts

Posted by Uncle1955 > 2020-12-17 15:10 | Report Abuse

hahahaha...patient till next year...15 days more..kikiki..up 5-6 sen also no use and wasting time for how long u hold.

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