Posted by BigPro > 2020-02-11 13:05 | Report Abuse

Oil and toll drop should benefit as the operating cost will drop....

Posted by snwong13 > 2020-02-20 23:12 | Report Abuse

.
Cash rich company.
Someone will collect at a discount!

Posted by BigPro > 2020-02-21 09:17 | Report Abuse

Today, Dividend payment...

Posted by shpg22 > 2020-02-21 11:38 | Report Abuse

Too many new players supported by cash rich backer in the market, margin got squeeze badly. New player is offering delivery service at dirt cheap subsidize price to gain market share. Stiff competition will further press down the margin as there is not moat involved, only price. Current price at 0.24 @ P/E 52.2x & P/B 2.7x still high. Downgrade to 0.175.

Posted by Godofgambler > 2020-03-03 23:46 | Report Abuse

I believe will go up very soon...

Posted by limkokthye > 2020-03-05 14:40 | Report Abuse

holland soon

Posted by hipster > 2020-03-13 12:28 | Report Abuse

PE has dropped to below 30 now, hmm ... is getting interesting

Posted by shpg22 > 2020-03-16 11:56 | Report Abuse

GDEX should be supported by its NTA value of 0.09

Posted by CUTLOST > 2020-03-31 13:17 | Report Abuse

25cts in the making in 3months..buy n keep

Posted by BearishTrend > 2020-04-07 09:41 | Report Abuse

from 15cts..now 22cts..almost hit tp just in 2week

Posted by i3lurker > 2020-04-09 08:13 | Report Abuse

still well supported at 22 sen

Posted by Investsucess Trader > 2020-04-09 20:13 | Report Abuse

Time to relook in this stock...

Posted by Value888 > 2020-04-13 08:59 | Report Abuse

delivery up from mco

Posted by foo > 2020-04-13 15:31 | Report Abuse

Which companies on Bursa have high cash and low debt
KUALA LUMPUR: The second extension of the movement control order to contain the Covid-19 outbreak — now totalling six weeks until April 28 — means that economic activities will remain subdued for at least another 14 days.
The pandemic, which has infected nearly two million and killed over 100,000 worldwide, presents the worst start possible for the recession expected ahead. As the infection curve has yet to near its peak, it is anyone’s guess on the depth of the economic downturn.
Against this backdrop, survival is the prominent concern now. Investors’ attention is drawn to companies’ balance sheets instead of growth prospects, which is widely expected to be minimal in the best-case scenario, as business volume dwindles and operating cash flow shrink.
Asia Analytica data shows that of some 880 listed companies (after excluding the 40 banks, insurers and investment trusts), 597 companies listed on Bursa Malaysia have cash that is less than their short-term liabilities.
Companies in many different sectors are underlined here, from furniture companies to retailers, automotive-related firms, and a wide range of manufacturers and trading companies.
Meanwhile, 223 listed companies have an interest cover ratio of below one times, meaning their earnings before interests and tax cannot cover interest expenses for a full year. The market capitalisation of most of these companies are below RM2 billion.
Some 321 companies were already in the red last year. Of the 599 profitable ones, around 45.6% of them saw profit decline in the period. Again, most on the list are small-cap firms, according to Asia Analytica data.
It is also worth noting that the economic downturn would be a tough test on companies’ sales quality. Companies with a high portion of credit sale with mounting receivables could be at risk amid the potential cash trap.
A random check shows that 75 listed companies or 8.2% have net gearing of over 100%. Sectors with the most companies in this category are logistics, construction, oil and gas, building materials and property development.
Others with net gearing of above 80% include power companies, telecommunications companies and building materials companies. Power producers’ liabilities are usually backed up by the steady cash flow from power purchase agreements.
On the flip side, notable sectors with low net gearing average include Internet and gas utility companies, and technology solution providers.
Of 79 generic companies with market capitalisation of above RM2 billion (ex-banks, real-estate investment trusts and insurers) only 22 have a cash ratio of above one times and net gearing of below 50%, led by Petronas Chemicals Group Bhd, Petronas Gas Bhd and IOI Corp Bhd.
As reflected by the price-to-book valuations, preference is given for companies with high cash, low debt, steady recurring income and high-quality clients, such as tech companies, and broadband providers.
There are also lesser-known small-cap companies that are cash-rich with sturdy past operations.
As a fund manager pointed out that a downturn is a brewing pot for merger and acquisition activities, as smaller, cash-rich companies with good assets or business prospects usually become undervalued after the market selldown.
The first quarter’s (1Q20) financial result will show how much cash was exhausted amid the two-week shutdown in the second half of March, while prospects of the entire half of 2Q20 being under movement restriction are still visible.

Posted by Investsucess Trader > 2020-04-14 06:14 | Report Abuse

Bright prospect.....

Posted by Goodprofit > 2020-04-14 18:08 | Report Abuse

i saw Gdex truck moving around

Posted by Investsucess Trader > 2020-04-14 19:25 | Report Abuse

good prospect,

Posted by Value888 > 2020-04-15 09:47 | Report Abuse

non-stop businesses now

Posted by rambolee > 2020-04-15 10:47 | Report Abuse

too many competitor

Posted by Twowah123 > 2020-04-15 16:33 | Report Abuse

Good. Oil down. Now transport in good hand. Tmrrw boom . 0.3

Posted by Twowah123 > 2020-04-16 15:01 | Report Abuse

No bazar. no selling at bazar means people buy shopping online. Whos next. Surely transport. Buy n keep now before too late

Posted by Value888 > 2020-04-16 16:39 | Report Abuse

Bursting delivery orders from Ramadan

Posted by Investsucess Trader > 2020-04-16 19:48 | Report Abuse

One of the sunrise company......

Posted by pamie > 2020-04-17 08:45 | Report Abuse

https://www.theedgemarkets.com/article/sme-traders-enjoy-parcel-delivery-rm5-mcmc?type=malaysia

Gdex one of the courrier involved

Posted by Value888 > 2020-04-17 09:56 | Report Abuse

roger that

Posted by Investsucess Trader > 2020-04-17 21:15 | Report Abuse

Rising ......

Posted by Investsucess Trader > 2020-04-20 19:48 | Report Abuse

New kids on the block....

Posted by IvanSing > 2020-04-21 12:19 | Report Abuse

global market fall symtoms. index weakening today

Posted by IvanSing > 2020-04-21 12:20 | Report Abuse

this counter haven't got energy to push up more in single day

Posted by Investsucess Trader > 2020-04-21 19:09 | Report Abuse

The bull taking a rest..

Posted by chamlo > 2020-04-21 21:05 | Report Abuse

Bull where? Bear taking over.

Posted by Philip ( Random Walk Theorist) > 2020-04-21 21:18 | Report Abuse

Your investment recommendations... are childish.

>>>>>>>>

Posted by i3lurker > Apr 9, 2020 8:13 AM | Report Abuse

still well supported at 22 sen

Posted by RedEagle > 2020-04-22 07:17 | Report Abuse

"Harga minyak jatuh ke negatif!" "Habis lah!"

Rileks, harga minyak mentah sedunia memang jatuh teruk, tapi yang jatuh 306% jadi $-37.63 setong tu cuma harga bagi "West Texas Intermediate" (WTI) keluaran US.

Untuk minyak Brent (keluaran Shell UK), harga masih positif, dalam $25. Harga minyak "Tapis" keluaran Malaysia pun masih $28, jatuh 1.7% je.

Minyak mentah ni macam kurma juga. Lain tempat lain keluaran, walaupun semua dikenali sebagai kurma. Ajwa tu keluaran Madinah, Deglet Noor Algeria, Medjool dari Morocco. Kualiti pun lain-lain.

Minyak mentah pula, selain WTI dan Brent, ada juga ESPO (Rusia), Urals (Rusia), Maya (Mexico), Minas (Indonesia) dan macam-macam lagi. Keluaran Malaysia selain "Tapis" ada juga "Bintulu Condensate", "Miri" dan lain-lain. Kualiti berbeza-beza ikut kandungan sulfur ("sweet" atau "sour") dan graviti ("heavy" atau "light").

Minyak WTI ni "sweet" dan "light", ramai suka beli, sebab tu harganya dijadikan "benchmark" dan dilaporkan dalam berita setiap hari bersama-sama Brent. Tapi harga WTI tak mewakili semua minyak yang ada di pasaran.

Yang lebih penting, kita kena faham minyak mentah ni didagang pakai "futures" atau kontrak ke hadapan. Katakan kau nak stok minyak pada Mei 2020, kau kena order semasa April.

Minyak mentah ni pembeli dia adalah syarikat-syarikat pemprosesan minyak. Diorang tak beli on the spot tapi beli in advance pakai "futures" supaya boleh manage risiko perubahan harga.

Yang jadi negatif ni adalah kontrak untuk penghantaran Mei. WTI ni bersifat "physical delivery", kau order untuk Mei, minyak tu secara fizikal sampai kat kau selaku pemegang kontrak Mei.

Gila apa, time-time ni siapa nak pakai minyak. Stok minyak masih berlambak sebab hampir satu dunia masih dalam lockdown. Kereta tak leh jalan, kapal terbang tak leh terbang, nak buat masak pun tak boleh walaupun "sweet" konon.

Jadi, disebabkan kontrak untuk Mei 2020 akan expire pada esok waktu tempatan US (21 April 2020), orang just lepaskan kontrak tu tak kisah apa harga. Better rugi duit kontrak dari minyak tu hantar kat kilang kau. Sebab tu harga jatuh ke negatif.

Kalau Brent tak jadi macam tu sebab dia boleh "roll over", tak nak kontrak Mei boleh jual ganti dengan kontrak Jun. Sebab tu tak ada masalah yang sama.

Tapi harga kontrak WTI untuk Jun sebenarnya masih OK, masih di paras $20, dan akan naik selepas itu sebab minggu lepas negara OPEC (yang diketuai Saudi) dan bukan OPEC (seperti Rusia dan US) dah capai persetujuan potong bekalan sebanyak 9.7 juta tong sehari (10% daripada jumlah keluaran dunia) untuk bulan Mei dan Jun.

Harga minyak ditentukan oleh supply dan demand, kalau harga jatuh sebab demand jatuh, maka negara-negara pengeluar minyak volunteer untuk cut supply supaya naikkan harga balik.

Tapi apa pun, berita minyak negatif ni adalah good reminder bahawa "the era of oil is coming to an end".

Dan untuk tahun-tahun akan datang, "cheap oil" akan jadi "new normal".

Akan ada banyak syarikat-syarikat minyak kecil yang lingkup setahun dua ni dan dibeli oleh syarikat-syarikat besar.

Macam dulu pasaran minyak dikuasai oleh "Seven Sisters" (BP, Shell, SoCal, Gulf Oil, Texaco, Exxon, Mobil), selepas kejatuhan harga minyak 1980-an tinggal jadi Four Sisters saja: SoCal, Gulf Oil dan Texaco bergabung jadi Chevron (pemilik Caltex), Exxon dan Mobil bergabung jadi ExxonMobil (pemilik Esso).

Dulu harga minyak mahal sebab minyak dulu scarce resources. US sampai nak berperang dengan Iraq untuk dapatkan stok minyak. Now korang bagi minyak free kat US pun belum tentu diorang nak. Lambakan minyak tu yang jadi harga negatif tu.

Sejak zaman Obama (2009-2017), US mula menghasilkan shale oil untuk ganti pergantungan kepada minyak petroleum, dan sekarang US adalah pengeluar minyak terbesar di dunia. Shale oil ni punya supply almost limitless, tak macam petroleum sekali gali habis. So basically harga minyak tak akan kembali ke zaman kegemilangannya lagi.

Sebab tu Saudi semua kena longgarkan cara hidup konservatif diorang untuk tarik pelaburan asing.

Brunei pun mula kena berfikir pasal "diversification" (pempelbagaian) ekonomi. "Oil is a curse". Kebergantungan kepada minyak bukan saja lambatkan negara jadi negara industri jadi negarta maju, malah ia akan menggugat kelangsungan hidup negara di zaman new normal.

Posted by IvanSing > 2020-04-22 18:16 | Report Abuse

Signals coming. Will bullish tomorrow.

Posted by Investsucess Trader > 2020-04-22 20:46 | Report Abuse

One of the up coming star

Posted by RedEagle > 2020-04-23 07:34 | Report Abuse

0.30?

Posted by 6765791ahq388 > 2020-04-23 17:14 | Report Abuse

CEO is top class so company well managed otherwise Singapore post and Japanese wouldn’t be partners of the company.This counter will fly before you realise ok

Posted by 6765791ahq388 > 2020-04-23 17:14 | Report Abuse

Well done Mr Teong keep up the good work

Posted by Investsucess Trader > 2020-04-23 20:39 | Report Abuse

Stay strong...

Posted by shpg22 > 2020-04-24 12:48 | Report Abuse

https://www.theedgemarkets.com/article/sme-traders-enjoy-parcel-delivery-rm5-mcmc?type=malaysia

5 ringgit delivery u think can make money ka? All bleeding trying to maintain market share only. They are doing charity for big Boyz like Alibaba, Shopee, Amazon. This big boyz are smart, they fund those startup to bring down the delivery cost. Traditional delivery boy like GDEX ball being squeeze to the brink of explode

Posted by Trademou > 2020-04-24 13:43 | Report Abuse

@6765791ahq388 Well managed is good but can be better, what i see is GDEX is well staying in comfort zone.

Posted by 123eztrade > 2020-04-24 13:56 | Report Abuse

low petrol price benefits GDEX

Posted by 6765791ahq388 > 2020-04-24 16:39 | Report Abuse

Soon will be flying haha

Posted by IvanSing > 2020-04-24 17:33 | Report Abuse

hope it fly soonest seems the market will be collapse soon.

Posted by IvanSing > 2020-04-24 17:34 | Report Abuse

anyone got any idea how long more it could jump up.

Posted by Investsucess Trader > 2020-04-24 20:42 | Report Abuse

Going up to 0.30 soon....

Posted by ivanlau > 2020-04-24 20:43 | Report Abuse

Low margin, really not look good to courier company......... good luck

Posted by Investsucess Trader > 2020-04-24 20:57 | Report Abuse

Better than many others stocks..

Posted by IvanSing > 2020-04-25 10:51 | Report Abuse

Yes. True. Mostly companies unable to work.

Posted by IvanSing > 2020-04-25 10:52 | Report Abuse

Low margin no worry, bcoz is playing volume. Many courtiers offered Rm5 courrier fee in 1kg,however, still making money bcoz of volume benifited.