GDEX with strong fundamentals YOY. However DY is only less than 1% average, and ROE is about 20%. Also pricey now at about 60 PE ratio. But the question is, is it worth investing in a counter with high growth possibility, yet low returns at the moment?

(Or my analysis is all wrong in the first place??) Sifu please comment.

This post has been edited by Benster124: Jun 27 2016, 09:35 PM

why nobody care bout GDEX?? man..

I'm no siput.
But here's my 2 cents...
The prospects are there.
But u need to be clear on what, when and how they will spend on their future CAPEX from the proceeds arising from the private placement and warrants conversion.
It will take time for u to see this investments contributing to both the top and bottom line.

ROE depends on which figures u're taking to compare your net profit with - beginning Total Equity, Average total equity (opening and closing TE) or closing Total Equity? Figures will be significantly different after u have considered the boosted share capital and share premium.

This post has been edited by TC-Titan: Jun 28 2016, 03:56 PM

http://gdexpress.com/system/assets/105/starbiz_03032016.pdf

http://www.thesundaily.my/news/1708651

They are aiming to expand big.. It should be exciting to invest in companies like this?

OUTPERFORM, TP RM1.97

http://cdn1.i3investor.com/my/files/dfgs88...--101548335.pdf

Though the current PE is too high, TP based on PE of 77x, industry peers PE Average at 30x only. Attractive growth stock but over valued.

anyone still holds GDEX now?

Still holding a very small amount of shares. Didnt pay much attention to it at the moment

Any update for GDEX ? right time to keep some and roughly can reach beyond 0.6 ???