Don't expect will drop back below RM 3.....

Genting Bhd different from Genting Malaysia......

Genting Bhd supported by variety business, not only Malaysia, LKT is brilliant businessman.....

Already diversifying different Zone area with different business.....

During Mar'20 global market plummeted, actually was emotional & irrational selling......

Just simply, look at Gold price...all the time Gold is safe heaven investment tool during share market turmoil.....but during that time....gold also dropped tremendously (irrational & emotional reaction).......

^^^More important perception now, most of the institution also betting this Genting Bhd......(if comparing March that time, now institution just realise where is the value).......


***If got chance for correction go back around 3.70 ~ 3.80......I also no need to think & bet in some more.............

Stock futures extend gains after Moderna reports positive vaccine data, Dow futures up 650 points

(PUBLISHED SUN, MAY 17 20206:08 PM EDTUPDATED MOMENTS AGO)

Futures contracts tied to the major U.S. stock indexes rose sharply Monday, rebounding from losses last week, as news from a Moderna trial stoked optimism about a potential coronavirus vaccine.

Dow Jones Industrial Average futures jumped 650 points, or 2.8%. S&P 500 futures added 2.6%. Nasdaq-100 futures were up 2%.

Moderna shares rallied more than 26% after the company reported “positive” phase one results for a potential coronavirus vaccine. The company said that after two doses all 45 trial participants had developed coronavirus antibodies.

Shares of companies that would benefit from the economy reopening also rose in the premarket. Disney traded nearly 3% higher while MGM Resorts traded 6% higher. Cruise operator Carnival gained 7.8%. Deltas and United Airlines both rose more than 7% along with American.

Comments from the Federal Reserve chief also added to the bullish sentiment.

Federal Reserve Chairman Jerome Powell said to CBS’ “60 Minutes” that “there’s a lot more we can do” to help the economy. “We’ve done what we can as we go. But I will say that we’re not out of ammunition by a long shot. No, there’s really no limit to what we can do with these lending programs that we have.”

The central bank leader also said he’s “highly confident” the U.S. economy will claw its way back from the current pullback, but warned that it may not fully recover until a Covid-19 vaccine is complete.

“Don’t fight the Fed,” wrote FundStrat’s Tom Lee to clients after the interview.

The Nasdaq Composite and S&P 500 fell 1.1% and 2.2%, respectively, last week with the latter notching its worst week since March. The Dow industrials finished the week down 2.65% for its third negative week in four and its worst week since April 3.


##https://www.cnbc.com/2020/05/17/stock-futures-up-after-powell-says-economy-could-recover-some-this-year.html

Stock futures extend gains after Moderna reports positive vaccine data, Dow futures up 650 points

(PUBLISHED SUN, MAY 17 20206:08 PM EDTUPDATED MOMENTS AGO)

Futures contracts tied to the major U.S. stock indexes rose sharply Monday, rebounding from losses last week, as news from a Moderna trial stoked optimism about a potential coronavirus vaccine.

Dow Jones Industrial Average futures jumped 650 points, or 2.8%. S&P 500 futures added 2.6%. Nasdaq-100 futures were up 2%.

Moderna shares rallied more than 26% after the company reported “positive” phase one results for a potential coronavirus vaccine. The company said that after two doses all 45 trial participants had developed coronavirus antibodies.

Shares of companies that would benefit from the economy reopening also rose in the premarket. Disney traded nearly 3% higher while MGM Resorts traded 6% higher. Cruise operator Carnival gained 7.8%. Deltas and United Airlines both rose more than 7% along with American.

Comments from the Federal Reserve chief also added to the bullish sentiment.

Federal Reserve Chairman Jerome Powell said to CBS’ “60 Minutes” that “there’s a lot more we can do” to help the economy. “We’ve done what we can as we go. But I will say that we’re not out of ammunition by a long shot. No, there’s really no limit to what we can do with these lending programs that we have.”

The central bank leader also said he’s “highly confident” the U.S. economy will claw its way back from the current pullback, but warned that it may not fully recover until a Covid-19 vaccine is complete.

“Don’t fight the Fed,” wrote FundStrat’s Tom Lee to clients after the interview.

The Nasdaq Composite and S&P 500 fell 1.1% and 2.2%, respectively, last week with the latter notching its worst week since March. The Dow industrials finished the week down 2.65% for its third negative week in four and its worst week since April 3.


##https://www.cnbc.com/2020/05/17/stock-futures-up-after-powell-says-economy-could-recover-some-this-year.html

Don't say Keyman188 not telling you....I have been deploying this counter slowly slowly since last month......

Part of UMW also involving aerospace business......

"Innovative solutions for the aerospace and automotive industries:
We deliver top of the line and innovative products in the aerospace and automotive industries and continue to expand our manufacturing and marketing capacity to distribute premium lubricants within the region.

We work with some of the world’s most renowned brands to blend, market and distribute lubricants. Despite facing increased competition from lower-tiered brands, we have continued to deliver beyond our targeted goals.

Besides that, we are also the leading supplier for OEM and replacement market (REM) products in Malaysia, manufacturing high-quality shock absorbers, motorcycle suspension units and hydraulic power-steering pumps and systems via the KYB-UMW Group.

Soaring into the Aerospace industry, we became the first local company to be awarded a long-term contract with Rolls Royce. Just two years since our venture into aerospace manufacturing, we delivered our first fan case to Rolls Royce, making us the first Malaysian-owned company to be a Tier-1 aerospace engine component manufacturer."


##https://www.umw.com.my/web/guest/manufacturing-engineering1

Selangor forms aerospace division, confident of expediting industry's recovery process

(theedgemarkets.com / May 18, 2020 17:01 pm +08)

SHAH ALAM (May 18): Selangor, which houses 62% of the 230 aerospace companies in Malaysia, is confident of expediting the industry's recovery process following the Covid-19 pandemic.

Menteri Besar Datuk Seri Amirudin Shari said this will be overseen by the state's newly-formed Selangor Darul Ehsan Aerospace Industry Coordination Office (S-Daico).

"Of course the MCO (movement control order) and Covid-19 have impacted our plan [at this stage] but I think with S-Daico, we can ensure that the aerospace hub in Selangor recovers earlier than those in other places," he told a press conference today.

"Although the number of aerospace players [in the state] is small, the value is significant. The industry was allowed to operate during Phase 3 of the MCO and this contributed greatly to the business chain as a whole," he added.

Among the aerospace companies listed on Bursa Malaysia are SAM Engineering & Equipment (M) Bhd, UMW Holdings Bhd and Destini Bhd. The three Main Market-listed counters have lost 34.1%, 52.7% and 36% in value year to date.

Parked under Invest Selangor Bhd, S-Daico was set up to establish Selangor as the main destination for the aerospace industry regionally under a 10-year action plan until 2030.

The new division has been tasked with providing information, advisory services and potential investment opportunities to industry players. It will also coordinate and monitor all aerospace development projects in the state, covering financial allocation aspects.

Amirudin said five strategic activities had been identified as the main drivers of the industry under the Selangor Aerospace Action Plan 2020-2030, including maintenance, repair and overhaul (MRO), manufacturing and engineering and design.

"In 2017, MRO activities contributed RM6.2 billion to national revenue, of which over 62% were contributed by companies in Selangor, while manufacturing activities contributed RM6.6 billion.

"These two biggest activities in the industry are expected to expand threefold and generate a total of RM20.4 billion and RM21.2 billion in revenue respectively by 2030," he said.

It was reported that the country's aerospace industry raked in RM14.4 billion in revenue in 2018, up 6.7% from a year earlier. The amount was largely contributed by exports of aircraft parts and components which tripled to RM8.48 billion from RM2.88 billion in 2014.

Amirudin said Sungai Buloh-based SME Aerospace Sdn Bhd is among the world's major suppliers of aircraft wings and components for global plane-makers, including Boeing and Airbus.

Under the Malaysian Aerospace Industry Blueprint 2030, it is envisioned that Malaysia will be the leading aerospace nation in Southeast Asia and serves as an integral part of the global market with an annual revenue of RM55.2 billion by 2030.

In August 2015, the National Aerospace Industry Coordinating Office (Naico) was established with the primary objective of overseeing the implementation of the strategies and initiatives in the blueprint.

Amirudin said that given Selangor's significant contribution to the country's aerospace revenue, S-Daico was formed to complement Naico, a unit under the Ministry of International Trade and Industry (MITI).


##https://www.theedgemarkets.com/article/selangor-forms-aerospace-division-confident-expediting-industrys-recovery-process

Today energy index already up 11.3%.......Construction index already up 8.5%................

Share volume today very high possibility can break 11.2 billion.....

Congratulations for those earned "Big Big $$$$$$" this month......

As Keyman188 already highlighted earlier......

-----------------------------------------------------------------------

""All share still pushing higher & higher......

Unfortunately this year a bit strange & funny......

"Period" already came early...sell in March go away......

Buy in April laugh away.......

Bet in May scream high away........"""





------------别人笑我太疯癫... 我"说"他人看不清......--------------------








^^^S&P500 still withstanding above 50% retracement & shy below 61.80% retracement......forming upside bet & retest 2950 again......

I also don't know what to advise lahhh.....

Keyman188 already highlighted earlier......Seem like nobody listen...

All deployed counters today up...up...up......kekeke...kekeke....


Posted by Keyman188 > May 14, 2020 6:16 PM | Report Abuse X

Currently I deploy my funds into 3 main small cap construction counters......

1) Gadang

2) Muhibbah

3) KimLun

Happy today !!!............

Already break 0.450.......closing @ 0.455 (new high)..........

Who left behind last week......sure hamtam kaki sendiri liao.......

Wooo....KimLun also touching 0.720 liao........

OMG......touching 0.450 liao....soon heading to 0.48 lorrr...........

OMG......touching 0.445 liao....heading 0.450 lorrr...........

OMG......0.435 liao....heading 0.450 lorrr...........

OMG......0.430 liao....already break 0.425 earlier hit..........

As per now...energy index already up 11%.......Construction index up 5%................




Share volume today very high possibility can break 12 billion.....





I still maintain KLCI outlook for this month...

""All share still pushing higher & higher......

Unfortunately this year a bit strange & funny......

"Period" already came early...sell in March go away......

Buy in April laugh away.......

Bet in May scream high away........"""





------------别人笑我太疯癫... 我"说"他人看不清......--------------------








^^^S&P500 still withstanding above 50% retracement & shy below 61.80% retracement......forming upside bet & retest 2950 again......

As per now...energy index already up 10.5%.......Vrooommmmmmmmmmm

Share volume today very high possibility can break 12 billion.....

I still maintain KLCI outlook for this month...

""All share still pushing higher & higher......

Unfortunately this year a bit strange & funny......

"Period" already came early...sell in March go away......

Buy in April laugh away.......

Bet in May scream high away........"""


------------别人笑我太疯癫... 我"说"他人看不清......--------------------


^^^S&P500 still withstanding above 50% retracement & shy below 61.80% retracement......forming upside bet & retest 2950 again......

Anytime reach again above 1.00 ~ 1.05 range.....after rebound this time............

Muhibbah coming back...........Vrooommmmmmmmmmm..............

Seem like construction sector is coming turn for hot...hot...hot....

Who say can get 0.300 !!!....not even touch 0.380 lehhhh.......

I foresee this round very high chance can surpass 0.450 ~ 0.460 range after strong rebound today.........

more sadness....0.415 liao.....

Haizzz........too greedy....only parking 0.380.....almost close to entry point..........

OMG.........0.410 liao...........kena hamtam sendiri kaki liao....too sadness..........

Haven't reached my desire accumulation of quantity......

Very very sadness today....last week 2 times had touched 0.385 & rebounded back..........

Muhibbah business also involving energy sector....

1) EPCIC OF WELLHEAD PLATFORM FOR OPHIR DEVELOPMENT PROJECT

2) TERENGGANU GAS TERMINAL PROJECT (TGAST)

3) RGT1 MINIMUM SEND OUT CAPABILITY IMPROVEMENT PROJECT

4) PETRONAS LNG TRAIN 9, STEEL STRUCTURE ERECTION WORK, BINTULU, SARAWAK

5) EPCIC ALLIANCE FOR THE LNG REGASIFICATION UNIT, ISLAND BERTH AND SUBSEA PIPELINE LEKAS PROJECT, MALACCA

6) EPCC OF THE CENTRAL OIL DISTRIBUTION (CODT) TERMINAL AT TG MANIS MUKAH, SARAWAK

7) YEMEN LNG PROJECT

8) HORIZON BULK LIQUID PRODUCTS TERMINAL ON JURONG ISLAND, SINGAPORE

9) LIQUID BULK TERMINAL PROJECT, WEST PORT, MALAYSIA

10) MG3 LUBE PLANT PROJECT, MALAYSIA

11) LNG3 BERTH BINTULU PORT, BINTULU, SARAWAK


##http://muhibbah.com/main/4148/index.asp?pageid=139886

As per now...energy index already up 8.6%.......Vrooommmmmmmmmmm

I'm not the expertise or professional....

Take you time to review back last 10 years record & spend some time to review company annual report.....

That's is the reason why I more favourable this counter despite incurring some uncertainty & risk side for time being......

For value investor must look forward future............

Haa...Haa...In fact I not worry much......happy accumulating for future growth......

I already bet in lorrr.....I have been playing since March'20 during 0.700++......& disposed it during above 1.00......

Now slowly slowly accumulating back......for time being....0.900 is the base level (subject to no big issue on global market & oil price)......

Aiyah.....why jump up opening today !!!.........

I thought today got chance to collect 0.380...0.370...

Singapore's exports grow 9.7% in April (18 May 2020 08:30AM)

SINGAPORE: Singapore's non-oil domestic exports (NODX) grew 9.7 per cent year-on-year in April, a drop from the 17.6 per cent growth that was seen in March, according to official data release on Monday (May 18).

April's expansion was largely due to pharmaceuticals, which grew from a low base a year ago, while electronics declined.

On a month-on-month seasonally adjusted basis, NODX fell 5.8 per cent in April, a reverse from the previous month's 12.8 per cent expansion.

Total trade decreased over the year in April - a decline of 12.8 per cent, a further drop from the 0.2 per cent fall in March.

Total exports fell 12.7 per cent, similar to the 13 per cent decline in imports.

Shipment to Singapore's top 10 markets grew in April, though exports to China, Hong Kong, Malaysia, Indonesia and Thailand declined; growth was mainly due to the US, the European Union and Japan.


##https://www.channelnewsasia.com/news/business/singapore-s-exports-grow-9-7-in-april-12744324



^^^Unexpected positive data....I thought anytime can be contraction but still can produced positive growth.....

Most likely this few days will focus more on energy sector for rotation play.....since WTI withstand above $30++ & Brent oil withstand above $33++..........

Oil Watchers Applaud Swift Delivery of OPEC+ Supply Cuts

May 16, 2020, 2:00 PM GMT+8 Updated on May 16, 2020, 10:35 PM GMT+8

~ Implementation of 10-million barrel cut deeper than expected

~ Traders, tanker-tracking, refiners point to strong compliance


OPEC+ is responding to the oil market’s collapse with an urgency never seen before.

The alliance’s program of production cutbacks this month is well on the way to trimming 9.7 million barrels of daily crude output -- roughly 10% of global supplies, according to tanker-tracking data, interviews with physical crude traders and refiners, and assessments by consultants. And that’s just in the first two weeks of the agreement.

“The actual production cuts are deeper and more spectacular than any reasonable person would have thought a week ago,” said Ed Morse, head of commodities research at Citigroup Inc.

Despite skepticism over the efficacy of the measures unveiled in mid-April by Saudi Arabia, Russia and their partners, compared to the immense hit to demand, the impact has been substantial. Oil prices have recovered by 60% in the past three weeks, as a pick-up in fuel use is complemented by the supply cuts.

Cont......


##https://www.bloomberg.com/news/articles/2020-05-16/opec-dazzles-oil-market-with-swift-delivery-of-new-supply-cuts

Haa...haa...I also one of the long term value investor who waiting "Musang King" drop......

Most likely next week I manage to get some.......


^^^Curi-curi telling you...I still holding cheapest price......kekeke...kekeke....



Posted by Keyman188 > May 14, 2020 6:16 PM | Report Abuse X

Currently I deploy my funds into 3 main small cap construction counters......

1) Gadang

2) Muhibbah

3) KimLun



Posted by Keyman188 > May 14, 2020 6:10 PM | Report Abuse X

I also everyday parking from 0.380...0.370...0.360...0.350...0.340...

House Passes $3 Trillion Democratic Stimulus With No Path to Law

May 16, 2020, 9:27 AM GMT+8

The House passed a $3 trillion Democratic economic stimulus bill Friday that Republicans and President Donald Trump have already rejected and isn’t likely to trigger bipartisan negotiations any time soon.

The measure, passed 208-199, would give cash-strapped states and local governments more than $1 trillion while providing most Americans with a new round of $1,200 checks. House Speaker Nancy Pelosi said it should be the basis of talks with the GOP-controlled Senate and White House, which have called for a “pause” to allow earlier coronavirus recovery spending to work.

“A horrible virus has made a vicious attack on the lives and livelihoods of the American people, and indeed on the life of our democracy,” Pelosi said on the House floor before the vote. “It’s always interesting to see how much patience some people have with the pain and suffering of other people.”

Pelosi this week has repeatedly invoked Federal Reserve Chairman Jerome Powell, who has said Congress will have to inject more fiscal stimulus into the economy to prevent a prolonged recession. The U.S. has more than 1.4 million coronavirus cases, and more than 86,000 have died.

But Republicans also cite the Fed chief, with Senate Majority Leader Mitch McConnell saying Powell hasn’t explicitly said how quickly Congress must act. He and other Republicans have dismissed the House Democrats’ bill as a liberal wish list and are using it to attack Democrats, whom polls give an increasing chance of holding the House and taking the Senate in November’s election.

“This is much more about political messaging than effective legislating,” Republican Representative Tom Cole of Oklahoma said.

Powell Warns of Broad Virus Danger, Bats Down Negative Rates

GOP members said some provisions don’t belong in a virus bill, such as reductions in immigration enforcement, providing stimulus checks to undocumented immigrants, money for the troubled U.S. Postal Service and a national requirement to hold elections by mail.

Trump and Republican congressional leaders have acknowledged, however, that some sort of further economic stimulus will likely be necessary as the economy continues to shed jobs. The number of people filing for unemployment benefits since March now exceeds 36 million.

“Phase four is going to happen but it’s going to happen in a much better way for the American people,” Trump old reporters Friday. He said he holds leverage over Democrats in any future talks.

“We have all the cards because we have the cards of the American people. I know what they want,” the president said.

House Republican leader Kevin McCarthy said he anticipates another bill eventually.

Cont....


##https://www.bloomberg.com/news/articles/2020-05-16/house-passes-3-trillion-democratic-stimulus-with-no-path-to-law?srnd=premium-asia

Bingo.......KLCI really strong withstand above 1400 level today......

More & more bright for next week direction..........

Volume today surpassed again 9.2 billion share changed hand......


I still maintain KLCI outlook for this month...

""All share still pushing higher & higher......

Unfortunately this year a bit strange & funny......

"Period" already came early...sell in March go away......

Buy in April laugh away.......

Bet in May scream high away........"""


------------别人笑我太疯癫... 我"说"他人看不清......--------------------


^^^S&P500 still withstanding above 50% retracement & shy below 61.80% retracement......forming upside bet & retest 2950 again......

Volume anytime surpass 9 billion share changed hand again today...

KLCI already surpassed 1406.....Bravo.......

KLCI still strong support above 1400 level....

Just shy behind 1405 only........monitoring closely today closing...

If can withhold above 1400 level........next week more fun..........

kekeke.....kekeke.........

Energy index already up by 6.47% liao....

Really hot market......kekeke...kekeke......

Today really Energy world.....

So many energy counters pushing higher...........

Today Energy index already up 5%......

Not bad...not bad...rotation play around different sector sustain KLCI heading higher & higher....

Wahhh....who members here so nice......

I also unbelievable got supporters or helper here to report abuse...

Aiya...no need to report also can lahhh.....

In fact no need boarder other people how blame your comment or talk 3 talk 4 mahhh.....

Free to talk...no need kia shu...Free to talk...no need kia shu...

So long as I can see "$$$$$$" inside my pocket enough lorrr.....

So long as I can see "portofolio" growth enough lorrr.....

Keyman188 don't mind other people talk....only wisdom people understand enough lorr.......

I still maintain KLCI outlook for this month...

""All share still pushing higher & higher......

Unfortunately this year a bit strange & funny......

"Period" already came early...sell in March go away......

Buy in April laugh away.......

Bet in May scream high away........"""


----------别人笑我太疯癫... 我"说"他人看不清......--------------------


^^^S&P500 still withstanding above 50% retracement & shy below 61.80% retracement......forming upside bet & retest 2950 again......

IF KLCI still can sustain above 1400 level today......

Very high possibility next week can retest 1415 ~ 1420 range.......

So next week rotation play different sectors again......

Not right...you are wrong info......

Parliament open on 18/05/20 only allowed for 1 hour only......

Only "King" will be giving opening speech.............

No debate...no dialogue...during that day................

Memang Malaysia Boleh.....One more history again.............





Posted by Bearvsbull laputee > May 15, 2020 2:18 PM | Report Abuse

Yeah, bursa should be heading 1440 soon! Beside, parlimentt is only half day session, no drama, good for bursa! Harapan leaders very frustracted, they can't cry and role on the floor!

Traders Brief - KLCI to Retest 1400-1418 Levels Amid a Strong Comeback by Dow and Surging Oil Prices

Author: HLInvest | Publish date: Fri, 15 May 2020, 9:13 AM

TECHNICAL OUTLOOK: KLCI

We reiterate our stance that KLCI would lock in a short term consolidation unless it can stage a solid breakout above stiff double resistances at 1418 (18 Apr) and 1429 (20 Apr). Conversely, violating the supports at 1386 (20D SMA) and 1368 (50D SMA) could put the bears in the driving seat again, pushing the index lower towards 1359 (22 Apr low) and 1344 (38.2% FR) levels thereafter. Both the MACD and RSI are flattening out whilst the slow stochastic indicator is inching upward, signalling more consolidation ahead.


##https://klse.i3investor.com/blogs/hleresearch/2020-05-15-story-h1507056250-Traders_Brief_KLCI_to_Retest_1400_1418_Levels_Amid_a_Strong_Comeback_by.jsp

Finally...KLCI withstanding above 1400 level......

Seem like energy sector wanted to further upside......

Too sad to say...I'm not expert or professional...

Based on my desire pricing & wait until that targeted price...kekeke...

Whatever I explore or research, for my own perception & not advise other peoples to follow......

All forum members here majority also based on own assessment to evaluate their favourable stocks......

Don't seriously to take other peoples opinion or perception......

Kekekeke.....kekeke.....

Aiyo...you ask me target price...

Of course RM 3.00 ~ RM 3.50 lahhh...for the next 5/6 years......

Haa...haa...Q1'20 also can perform this profitable result during virus outbreak...

Really not bad worrr......

No wonder last min got "Big Players" jumped up from 0.390 & taken 0.400 by 300k...

Sure this "Big Players" got insider news...

Gadang 3Q net profit dragged down by construction division

theedgemarkets.com / May 14, 2020 19:56 pm +08

KUALA LUMPUR (May 14): Gadang Holdings Bhd’s net profit fell 24.6% to RM10.03 million in the third quarter ended Feb 29, 2020 (3QFY20), from RM13.3 million in the same period last year, mainly due to lower earnings from the construction division.

Quarterly revenue, however, was up 3.32% to RM212.14 million, from RM205.33 million, according to a filing with Bursa Malaysia today.

For the cumulative nine months ended Feb 29, 2020, its net profit slipped 23.79% to RM35.72 million, from RM46.87 million last year, while revenue grew 10.83% to RM557.46 million, from RM502.99 million.

Gadang attributed the lower earnings for the period to lower profit margin reported for ongoing construction projects, fair value loss on quoted investment of RM6.80 million and an expense of borrowing cost on investment properties of RM1.65 million.

The movement control order (MCO) since March 18, 2020 has impacted the group’s construction and property development projects, with the sudden suspension of its ongoing activities.

While the operations have since recommenced, strict standard operating procedures disrupted operational efficiency, resulting in sub-optimal utilisation of assets and the dislocation of resources.

As a result of the MCO and conditional MCO (CMCO), the construction and property divisions have experienced delays in completing its projects on schedule.

On prospects, as the construction division’s existing outstanding order book stands at RM887 million, this would sustain its operations for the next two years, Gadang said. However, it cautioned that the award of new large infrastructure contracts has been slow, saying this will be “a major challenge for the division”.

For the property division, it has total unbilled sales of RM107.8 million.

While the sales of its townhouse project in Putra Perdana was encouraging prior to the implementation of the MCO, Gadang said the freeze on selling activities during the MCO and CMCO, as well as the lower economic activity in the foreseeable future, will have a significant impact on property sales.

“Management will continuously evaluate its current ongoing projects and new launch initiatives, in order to sustain its operations,” the company added.

Gadang noted that its utility division’s concession water treatment assets have not been significantly impacted by the Covid-19 pandemic in Indonesia and will continue to contribute a sustainable income stream to the group.

“The construction of the 9MW mini-hydro power plant in Lintau, Sumatera, is progressing well and is scheduled for completion by the end of 2020,” Gadang said.

Shares of Gadang closed half a sen or 1.23% lower at 40 sen today, valuing the company at RM291.22 million.


##https://www.theedgemarkets.com/article/gadang-3q-net-profit-dragged-down-construction-division

No need run lahhh.......

During 40++ still betting....During 30++ still betting......

Now my cost only 9.95...run to way !!!!!!.......

Unless this company turn to "PN17" then different story lahhh....

Just put at frige....on & off just take out review......

More important quarterly can give me some $$$$$$ for makan...makan...enough lorrr.......

I started to bet this BAT since May'16...

When that time from RM 55 plunged to RM 41....

So during that time was my 1st time to collect dividend...(after the share price up & down & let it go...)

Of course that time quiet higher...55 sen per quarter term dividend...

If comparing now @ RM 13 pricing level, if management can distribute 35 sen, of course now more valuable than last time....

Simple calculation...

2016 - 55 sen per quarter term again RM 43 (average pricing) equivalent to 1.279% per quarter term return...

2020 - 35 sen per quarter term again RM 13 (current pricing) equivalent to 2.692% per quarter term return......


** Too sad to say, "Orang Tua" only know this way calculate the return only....kekeke...kekeek...