Dear all, Gdex is now in over capacity mode, with at least 100% increase in volume a day. Their Sales last QR is 88m, we expect 176m next QR.
Explanation on the market cap of 2 billion at the moment. Many of the major investors are actually pricing in rate hike into the market cap of Gdex now.
with sales up 100% to say RM 176 million, their profit is expected to double, say 20 million. But how does this justify the 2 billion valuation? The Singapore funds are not stupid! They know that currently demand outstrips supply.
So if Gdex ups their parcel price by RM 0.5 per parcel or 10%, their expected change in profit is from 1) volume - Double to RM 20m 2) Hike in price of 10% - 176m x 10% = 17.6m Total = 37.6m per quarter
Per year = 37.6 x 4 = RM 150 million profit before tax. PE 14.6 = RM 2 billion market cap.
SO GUYS!! GDEX IS CORRECTLY PRICED. They expect a rate hike due to hike in price. The profit sensitivity to price hike is huge due to the big volume!!
POS Malaysia with RM 0.50 hike in parcel, is expected to gain RM 140 million per year just with 10% rate hike!
So Gdex should benefit a lot when the demand has outpaced the supply.
Can try hengyuan 4324 .Hengyuan now is better than other o n g company ,because that only focus on the refining . The profit depends on crack spread, when the crude oil price decrease ,the cost will decrease and increase the crack spread profit but demand will decrease and the sale of volume also decrease. When the crude oil price increase, crack spread will be narrow but the demand will increase, demand increase and the sales of volume will increase , so overall increase the profit. History will come back from Rm2 to RM19. Super undervalue. Can limit up due to only 300 millions share.
acklustre performance was partly attributable from the higher maintenance costs incurred for its warehouse operations. Moreover, disruption of the supply chain at the ports and the airports as well as impact on MFRS16 leases assessment on its warehouses dragged the performance of the segment.
come hengyuan 4324, hengyuan c12 , hengyuan c13. Heng yuan is the best company among all the o n g campany, good management team, good fundamental. petronas cut expenses will no effect and oil price is going to break new high, when opec meeting deal, will fly to moon. history at 2017 will come back which is the share price increase from RM2 to RM19 .The price will up very fast due to only 300 millions share, next supermx is coming .
Q2 maybe good, but q3.... I'm a victim of their poor service, item didn't deliver for almost a month of purchase. Now Lazada pull back all the undeliver ordered stock to seller & most likely will terminate their contract, wait & see.
This stock will hit 0.46. The turn has just occurred on Stochastic @60.4%. If it breaks 0.43 at 3pm, you are looking at an all-time high close today. Businesswise, it is a still sought-after company where quick courier needs are on daily demand. Look into its marketshare to appreciate where it might be heading.
Nothing personal here KW0203..i have sold all my Gdex with some profit...but i believe that Gdex got potential to go higher since their business not only in Malaysia. Will enter again if break 0.420
come hengyuan 4324, hengyuan c12 , hengyuan c13. Heng yuan is the best company among all the o n g campany, good management team, good fundamental. petronas cut expenses will no effect and oil price is going to break new high, will fly to moon soon. history at 2017 will come back which is the share price increase from RM2 to RM19 .The price will up very fast due to only 300 millions share, next supermx is coming . want money just come
140million for e-dagang and shop Malaysia online..demand from online purchase surely will surge...even during mco the demand is already spike..with current insentif..courier services gonna operate at its full capacity
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....
xterrorsinx
327 posts
Posted by xterrorsinx > 2020-06-01 18:52 | Report Abuse
Dear all, Gdex is now in over capacity mode, with at least 100% increase in volume a day. Their Sales last QR is 88m, we expect 176m next QR.
Explanation on the market cap of 2 billion at the moment. Many of the major investors are actually pricing in rate hike into the market cap of Gdex now.
with sales up 100% to say RM 176 million, their profit is expected to double, say 20 million. But how does this justify the 2 billion valuation? The Singapore funds are not stupid! They know that currently demand outstrips supply.
So if Gdex ups their parcel price by RM 0.5 per parcel or 10%, their expected change in profit is from
1) volume - Double to RM 20m
2) Hike in price of 10% - 176m x 10% = 17.6m
Total = 37.6m per quarter
Per year = 37.6 x 4 = RM 150 million profit before tax.
PE 14.6 = RM 2 billion market cap.
SO GUYS!! GDEX IS CORRECTLY PRICED. They expect a rate hike due to hike in price.
The profit sensitivity to price hike is huge due to the big volume!!
POS Malaysia with RM 0.50 hike in parcel, is expected to gain RM 140 million per year just with 10% rate hike!
So Gdex should benefit a lot when the demand has outpaced the supply.