Mycybersale is happening soon from 9th to 13th Oct. Some of the e-tailers would be using GDEX services to deliver their goods. I'm estimating their 4th qtr sales would be soaring. I have started to accumulate progressively.
Looking at the sorry state of conventional brick and mortar shops and mall retail, I think people are switching to online purchases. This is what will impact positively for companies like GDEX.
I dont expect the qr result to be good. Just wait Oct and Nov, hope for the surge trend. Oct - Jack Ma to Malaysia, Nov gdex may return back to syariah
Gdex buisness has been very good last 5 years with consistent profit margin of more than 14% compared with others who do same buisness. Has rewards bonus to investors.
1.PE high coming high expectations biz grow at 20-30% per anum,a RM3.7Billion market cap at RM0.60 whoaaa surpassed TASCO,CENTURY & TNLOGIS which a big player. 2.Another logistic company also join e-commerce bandwagon with TNLOGIS already have its biz-customer courier and POS also tapping onto e-biz also. 3.ALIBABA DFTZ opportunity only come after 2019,with positive come only after 2020 4.E-commerce is directly tied economic cycle,which is move up & down to consumer expectations & spending. 5.ALI BABA & IOT hype
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....
ayam_rocket
78 posts
Posted by ayam_rocket > 2017-08-24 09:10 | Report Abuse
Potential Momentum Stocks - 24 Aug 17
Stock Name: GDEX (0078)
Entry: Buy above RM0.68
Target: RM0.74 (8.8%), RM0.775 (14.0%)
Stop: RM0.65 (-4.4%)
Shariah: No
Technical: Monitor for breakout