GKE Corporation

Share some figures on GKE Corporation:  

FY'18/19 (X1000) 
revenue 88244 
profit/loss-2134    

FY'19/20 (X1000)  
revenue 107262 
profit/loss4696    

1H'20/21 (X1000) 
revenue 60050 
profit/loss 6522 

Looks like a turn around company. Half year profit of $6.5 mil is
already higher than last year full year profit of $4.6 mil.

Vested. DYODD

CGS-CIMB has initiated coverage on Catalist-listed GKE Corp with an " add" rating and S$0.18 target price, as it sees the logistics solutions provider as a potential beneficiary from recent developments in Singapore and China.

7 Jan 2021 BT

CGS-CIMB has initiated coverage on Catalist-listed GKE Corp with an " add" rating and S$0.18 target price, as it sees the logistics solutions provider as a potential beneficiary from recent developments in Singapore and China.

7 Jan 2021 BT

According to management, GKE's warehouses are currently running at maximum capacity, and the company is looking to optimise its customer base to focus on higher-yield tenants.

Above for info only. Vested

How come price coming down last 2 days?  It went up sharply & then retreated.

Bear trap?

Once the weak holders are cleared, the share price shld reflect
the company' s fundamentals. Based on current price and earnings,
the p/e ratio is only 8X.

On a price earning ratio of 10 X ... the share price shld be around 18.0 cents.