Regional Interest in a Local Courier Firm

GD Express Carrier Bhd EDC Teong Teck Lean discusses the following questions: 

- Singapore Post investment
- Synergies - whether fulfilled 
- Deal more beneficial to GDEX - issues 
- Nonetheless a good investment for SingPost - where the growth come from 
- And where the next leg of earnings growth will come from 
- Importance of East Malaysia? More hubs in Peninsula
- Value-added services? Insurance?
- Current market share in the local courier services industry? What is POS Malaysia’s share? 
- Key differentiators? GDex’s core strengths vs. the competition
- Competition: Pos Malaysia etc 
- Branding - brand equity - PosLaju etc 
- Whether a plan to boost visibility / brand awareness 
- Fuel costs
- Impact of M’sia’s subsidised fuel on profitability 
- % impact rise in diesel prices on profits 
- Competition - margins - survival 
- Example of Yinson -- exit / diversify - oil and gas - success 
- Singapore only foreign market - others 
- Growth strategy - organic or inorganic
- ASEAN Free Trade Area (AFTA) key catalyst - issues 
- You intend to grow your export trade business which is currently just 1% of revenue - issues 
- Cyclicality of courier services 
- Share price - lofty valuation - justifications - issues 
- Listing - ACE ACE market - move main board - issues 
- Dividend - policy 
- Ownership concentration - issues