Ok, that explains. Top shareholders hold more than 96% of the shares. The growth story still continues, but you are probably paying at least a 50% premium.
Last time when GDEX was priced at incredible valuation, it's PE is nearly 50x. Now GDEX is valued at PE 90x ... I wonder why and what is the moat or basis GDEX owned, until it could fetch this kind of valuation...
Now got small courier service company like ninja van, they run at low cost, cheap and fast service. recently lazada keep using ninja van instead of gdex :/ ninja van like uber/grab car service in courier service line. this kind of services is a treat to gdex profit growth. good luck for those buying gdex.
this Gdex service is very BAD, will loose customers to other courier service company. their pick up especially delivery very slow, not qualify as a courier service. Avoid this company
@ vivabursa - change your perception, not everyone uses Gdex said bad..management sometimes make mistake..perfect doesnt exist..just because of your bad experience with Gdex doest mean this company is bad..
As a investor, should concern about the company's earning instead of their service. You want a good service company but poor in earning? Recent GDEX price drop because they wanna improve the service by expand the facility, but the net profit drop................In view of small investor, I prefer high profit with minimize expenses.
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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....
fhis
1,207 posts
Posted by fhis > 2017-11-17 14:58 | Report Abuse
gdex is coming again...just monitor it closely...anytime from now..