Use to be PE of 120x, today is 90x. A very simple rule of thumb for beginners can use is when the PE is 90x, ask the question whether we can be certain (likelihood) that next 3 years the company can do a CAGR of 90%. If the answer is a big YES, then I think its is not high PE. After all, general advices is PEG should be at around 1x or below. PEG = PEx/Growth% = 90x/90% = 1x.
MIDF TP 70sen, Kenanga TP 48sen, sometimes research houses is not very helpful, especially for beginners.
Make your own independent judgement after doing a thorough research. What is the e-commerce sector growth expected for next few years?
PE of 90 times and the way you justified it as though there is nothing wrong with it... and u keep on using the word beginner... without knowing how much experience the other party has accumulated by taking numerous companies for IPOs and advising in M&As.. shallow mind..
Is a good and prospectful counter with e-commerce growing in Msia, but current PE really too high, suggest can monitor the coming Q result to see any big jump on profit and EPS or not. Market now is bearish so very good to wait and monitor
Market sentiment is bad currently, foreign investor also pulling off fund from Malaysia. Yet, GDEX is a solid company which have potential in near future. E-commerce still late early stage in Malaysia. Personally have faith in GDEX, no harm which getting some for long them invest.
this share hard already, people keep think that will rebounce, this share already over expected deal to jack ma, u c the gdex profit so little, PE ratio so high around 90, now with 5billion share, If Gdex future profit is now de time 2( 1 (current) + 2( expect future earning). the PE ratio future also will be 30 in current price. Jack Ma effect really can let Gdex profit up more? For my opinion Gdex is overexpected. Sell it if not too late. Good luck for those buying in 0.7 above
The recent deep drop is because gdex-cd. The shark want to pull down the mother share price below 0.60 so the warrant issuer not necessary compensate the warrant holder. You found the huge volume transaction of gdex-cd? All warrant holder making loss now, 99% of the warrant holder buy price at 0.15 above. The exercise price is 0.60 and going to expire soon.
Today still in hari raya mood...wait for afternoon 3.30pm...if no moving...then have to wait till Friday Friday afternoon 3pm...cause GDEX will coming soon 0.380
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....
imlearning
869 posts
Posted by imlearning > 2017-06-20 17:19 | Report Abuse
drop so deep!!!!