I found that recently GDex, a carrier service provider has dropped from its peak which is RM1.84 until today 13/7 RM1.35, attract my interest to evaluate this company.
It has a very bright future due to the booming of e-commerce and forming JV with Sing-post and Alibaba.
Here, I evaluate it through using FCFE. Assuming inflation rate 4% and annual growth of 20% for next 15 years.
I get the result of 1.20. Feels like still a little bit expensive huh.
High growing business is quite hard to evaluate for me since the value is base on the unpredictable growth in future.
Only dare to buy in bear market.
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