GDEX BERHAD

KLSE (MYR): GDEX (0078)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.175

Today's Change

-0.005 (2.78%)

Day's Change

0.175 - 0.18

Trading Volume

170,900


9 people like this.

4,781 comment(s). Last comment by thesigncom 1 month ago

amateurJR

2,366 posts

Posted by amateurJR > 2020-06-26 14:59 | Report Abuse

Too bad, Gdex financial ending Jun 2020 wont be good as compared to previous yrs.

shpg22

2,984 posts

Posted by shpg22 > 2020-06-29 10:18 | Report Abuse

Don't confuse valuation with profit

Tripaka

2,959 posts

Posted by Tripaka > 2020-06-29 11:57 | Report Abuse

Petrol prices dropping??? You sure? It's the other way round. Lol.

Posted by Togetherweearn > 2020-07-02 10:04 | Report Abuse

Will new appointment of Chairman make difference to this company?

Posted by HumbleBee > 2020-07-04 12:34 | Report Abuse

poor service & management, let it drop till 0.00

Posted by Togetherweearn > 2020-07-06 10:50 | Report Abuse

a bit of movement...

i3lurker

14,391 posts

Posted by i3lurker > 2020-07-07 17:42 | Report Abuse

allo allo

wats happening?

Posted by Togetherweearn > 2020-07-08 09:38 | Report Abuse

Drop?

i3lurker

14,391 posts

Posted by i3lurker > 2020-07-08 12:35 | Report Abuse

its going down

looks like TP = 10 sen

Cheers !!!!

lee_m2020

4,827 posts

Posted by lee_m2020 > 2020-07-08 15:52 | Report Abuse

Gem... BUY!!!

i3lurker

14,391 posts

Posted by i3lurker > 2020-07-08 15:59 | Report Abuse

ooops

I looked at the chart upside down !!!

:)

fregend

581 posts

Posted by fregend > 2020-07-08 16:03 | Report Abuse

Hold tight, next wave coming soon

Posted by Togetherweearn > 2020-07-08 16:37 | Report Abuse

What's the good news

potenza10

1,220 posts

Posted by potenza10 > 2020-07-08 16:37 | Report Abuse

no news is a good news

Posted by Togetherweearn > 2020-07-08 16:48 | Report Abuse

LOL

Posted by learnbyheart > 2020-07-08 17:57 | Report Abuse

huat ahhhhhhhhhhhhhh

Posted by Togetherweearn > 2020-07-08 18:10 | Report Abuse

What's tp for Gdex

Posted by free2rhyme0628 > 2020-07-09 10:43 | Report Abuse

GDEX TP 0.55

Posted by Togetherweearn > 2020-07-09 16:24 | Report Abuse

It's a long term and solid stock I guess.

i3lurker

14,391 posts

Posted by i3lurker > 2020-07-15 10:11 | Report Abuse

TP = 10 sen

are we there yet?

eye2eye

157 posts

Posted by eye2eye > 2020-07-16 10:36 | Report Abuse

Technically shud reach 0.45 since there is a Flag formed

Posted by learnbyheart > 2020-07-16 12:46 | Report Abuse

top up more just now...reach bottom already...just wait for another spike..

from1to10

173 posts

Posted by from1to10 > 2020-07-16 13:28 | Report Abuse

Lousy company. All the ground staff are not well train, delivery guys are rude and samseng. They want a fight if u lodge complain to them and will threaten u personally. What kind of future do this company hv in future

Posted by Togetherweearn > 2020-07-16 15:25 | Report Abuse

Hold tight. Flying soon.

Stockhunter85

1,006 posts

Posted by Stockhunter85 > 2020-07-17 12:53 | Report Abuse

Covid-19 drives digitalisation of logistics industry
https://www.klsescreener.com/v2/news/view/702899

Posted by Fundamentalist91 > 2020-07-21 15:11 | Report Abuse

I'm running an e-commerce and physical store brand for 10 years, here's something i noticed.

1) Poslaju and Gdex is the only big courier name that is tradeable in Bursa.

2) When Lazada and Zalora launced, Gdex was their courier, but due to bad performance, Lazada stopped using Gdex, Zalora too eventually stopped manking Gdex their primary courier.

3) It was between Poslaju, Gdex and Citi-Link back then. But now there is about 10 big names.

4) After 3-4 years passed, Gdex passed its glory days (when partnering with Lazada, Zalora). Now you see their quarterly report, getting bad.

5) Gdex unlike Poslaju, doesn't have many accessible office for normal people to courier their products. Gdex is more about contracts and registered account, its not public-friendly, and thus it doesn't get the full advantage of covid19/e-commerce boom.

6) Currently a more reliable courier company is J&T, accessible to normal people and backed up by china, well you know how china does business, it'll succeed.

7) But we know there's little room for couriers, who will dominate the scene? its usually 2-3 courier companies only for one whole country.

8) Maybe Gdex can be top 3, but not with the current playstyle.

9) Poslaju on the other hand, have outlets everywhere, accessible for everyone, certainly will remain number one for a very long time or even forever.

Poslaju is undergoing transformation plan, they changed rate, uses more technology, cut expenses and many others that will be completed by 2021, until then they wont be profitable, its what they said. And this is announced by the end of 2019. And analyst put price target at 1.55 because of that.

Now covid19 comes, e-commerce boom, gold business boom, poslaju benefits from that. Maybe more losses from their aviation and mail service but surely can be soften or offset by the benefits. But analyst say target price 0.9 now.

What has changed? is covid effecting POS that bad? nope, its either nuetral or positively effecting POS. so price target of 0.9 actually doesn't make any sense, its suppose to stay at 1.55 or above it. But people get tricked, now POS price is stucked lower.

But what happens when pos start becoming profitable again when 2021 transformation plan complete? Gdex is currently on 92 pe ratio. Seriously, its like you guys are willing to pay 9x times the normal price

If poslaju were to get back to normal profit, and be at 92 pe ratio, the price would be more than 20. Right now? 0.89 cent only.

For all Gdex investors, you're in the wrong boat. You can take or ignore my advice, but I've gone to every courier office every week and keep track of them because of our e-commerce business. And I know POS is way undervalued right now, and Gdex is way overvalued.

Oh yeah, look at the market cap. Gdex 2Billion, and POS at 700Million, doesn't make sense my friend, think fundamentally, do your research, don't trade by emotion or you'll lose it all.

fregend

581 posts

Posted by fregend > 2020-07-22 15:51 | Report Abuse

Run, too many throwing price

eye2eye

157 posts

Posted by eye2eye > 2020-07-23 11:45 | Report Abuse

with volume, shud rebound. Strong support at 0.335
Board members having vacation after the re-designations .. ?

eye2eye

157 posts

Posted by eye2eye > 2020-07-23 11:57 | Report Abuse

GDex, currently with an average sorting capacity of 130K parcels per day, has also allocated RM40mil for expansion of its automated sorting hub.

Posted by Togetherweearn > 2020-07-26 22:24 | Report Abuse

Holding at 0.38, not sure should I let go.... No power.

AnnH

947 posts

Posted by AnnH > 2020-07-29 15:25 | Report Abuse

hi bowman after u leave hlt u r hr in gdex

AnnH

947 posts

Posted by AnnH > 2020-07-29 15:25 | Report Abuse

looking at the chart consolidation looks almost ending

Posted by Togetherweearn > 2020-07-29 16:19 | Report Abuse

Wow fly?

aidwiz

356 posts

Posted by aidwiz > 2020-07-29 16:34 | Report Abuse

what happened? any good news?

Posted by Fadzli Alias > 2020-07-29 16:46 | Report Abuse

Sale coming soon.... time for GDex fly....

Posted by pennywise2308 > 2020-07-30 07:44 | Report Abuse

GDEX - i have been waiting for you!!!

GoBig21

12 posts

Posted by GoBig21 > 2020-08-03 21:32 | Report Abuse

When result will out? Thanks

bowman

2,596 posts

Posted by bowman > 2020-08-05 16:21 | Report Abuse

RSI crossover is happening - CMF is also showing encouraging rise. Quietly this is going up to meet its last high

Posted by Togetherweearn > 2020-08-05 16:22 | Report Abuse

But usually no steam after that :(

Posted by learnbyheart > 2020-08-05 18:14 | Report Abuse

rally pending QR has started!!

noob84

106 posts

Posted by noob84 > 2020-08-07 15:17 | Report Abuse

the turtle has moved again today. havent see a 0.4X in a long long long time :)

Posted by awesomeliddat > 2020-08-07 15:21 | Report Abuse

QR QR QR!!!

Posted by Togetherweearn > 2020-08-07 15:33 | Report Abuse

Heard this QR is pretty good. Tp 0.50 at least.

Posted by pennywise2308 > 2020-08-07 16:08 | Report Abuse

No make me heartbroken again gdex!

Posted by gooddaytoinvest > 2020-08-07 17:08 | Report Abuse

How come suddenly huge vol? QR report end of this month.

bowman

2,596 posts

Posted by bowman > 2020-08-10 08:32 | Report Abuse

QR report in two weeks if I am not mistaken. The last didn't show big profits because of some additional liabilities. This one should show a marked increase. That is why volume is spiking.

pakabu

56 posts

Posted by pakabu > 2020-08-10 11:24 | Report Abuse

1. Cryptotrader https://www.klsescreener.com/v2/news/view/702899
29/07/2020 7:55 PM

from above link :

"During the implementation of the movement control order (MCO), the logistics industry – particularly the e-commerce and e-fulfillment services – were declared as essential services and allowed to operate."

2. https://www.gdexpress.com/malaysia/services-product/logistics-services/

Post a Comment
Market Buzz