Company Face-Off: $GDEX / 0078 (GD EXPRESS CARRIER BERHAD) vs $POS / 4634 (POS MALAYSIA BERHAD)
GDEX and POS are two famous, well-known express courier companies that have established themselves long in Malaysia. As the last mile delivery space is extremely competitive, their profits were in the red for many quarters, and it still remains to be seen if they are able to turnaround the business. However, there has been news as of late that both players are trying to undergo transformation be it diversifying into sectors such as retail and software as a service (SaaS) or the information technology (IT) segment. Could there be an opportunity for a change for the better? Let’s discuss this further on Stockbit!