Gadang aims for government projects ...they have got a leg in ECRL, MRT, TRX and hospital projects ...

Bro...CNY baru finish leh...back to reality lar

You drunk ?

Just wondering whether Gadang will claim the elongated cost from MRT2? The Covid19 has exerted a huge pressure on their Margin

Me waiting at RM4 for CNY celebration angpow...

Yeah...may God have mercy on those clueless folks who thought this dead counter gonna rebound...

Agreed...with Budget 2021 putting the construction sector to work...Pintaras is expected to start bidding for local jobs. Their Singapore arm is doing really well...

Definitely, ...Gadang stands to win big due to its expertise in rail construction. 2021 will be a good year for Gadang. Currently, it has a foothold in ECRL and Bandar Malaysia.

Ohh...applicable to Seberang only...

Your banker is smoking what type of grass ?

Mark my words.....The construction theme will bouy Gadang's share price but there is a catch. That Gadang must improve its bottom line. Less than $1M PBT is unacceptable for this construction giant. It's cost structure is simply too big to pick up measly small jobs. If Gadang can maintain at least 50% of its pre Covid 19 PBT, then Gadang share price will surge upwards. Hopefully, with a slew of new construction jobs on the offering, Gadang will win a few with its competitive bids.

Anyway, Gadang already secured a few footholds in Bandar Malaysia and ECRL projects. Hopefully, these serves as a precursor to something big down the road.

The government may introduce a windfall tax on economic sectors which have reaped huge profits during the COVID-19 pandemic, under Budget 2021.

Maybank Kim Eng said a windfall tax was not unusual as there was a precedent during the Asian Financial Crisis in 1998.

Please remember government has no money....besides windfall tax GST is on the table.

Don't compare with TGlove and the rest of the big boys...Mah Sing not yet produce anything to show for....pay the lower, the better

90 cents still ok lar

Friend...now Budget 2021 ..lots of uncertainties...and US election is just a few more days...all this adds to uncertainties leh...

RM0.80 coming Dee....this price is justifiable for the property division ...get the gloves for free...

The lower the price, the lower the forward looking PE , the safer it is...

For me, I will wait till mid Nov...after Budget and US election...expect price to remain choppy for now

Drop to 90cents baru collect

@ grace82... First post and it is directed at me...hehehe..what an honour ... ;-)

Actually, Tan Sri is a very capable businessman...evident from how he grows the utility business in Indonesia in a few short years...next on the radar is the piling business in Singapore ...hopefully, they are able to emulate the success of Pintaras Jaya...the founder of Pintaras Jaya works in Bridgecon construction..the same place where KokOnn started his career.

Now, I am more concerned about the state of our political affairs

You think Gadang won't go back up to 80 cents ? Majority of construction stocks are down

When we compare btw Q1FY21 vs Q1FY20 (pre-Covid19), the revenue from progress billings is lower indicating that the work in progress from Construction is slower. Maybe the Covid19 has severely disrupted the supply chain, resulting in inefficiency in work flow, harder to procure construction materials and workers displacement. All this leads to higher overheads resulting in margin compression.

Probably, a more reasonable comparison is to compare btw Q4FY20 Vs Q1FY21. By virtue of net profit before tax, it seems Gadang is slowly picking itself back up.

If we compare Vs Q1FY20, this is unreasonable because it is pre_covid 19 level.

Erectile dysfunction got lar

Price wise, how to get an erection ?
When Anwar wanna challenge Mr Moh...

Specially just for you to collect

Heard it will drop to 20cents

Sell bah...sampah rubbish stock

Why you say got sharks ?

Yalor...funny...the people in this forum

Maybe will even surpassed paramount

This I agree...Tambun boss keeps on buying....

Behold...the power of Tambun...

Affordable housing to the fore...

Next stop is 70 cents

You guys see lar...my prediction comes true...hitting 60 cents...

I suspect this is something like Petronas Penggerang...whereby they keep on winning projects from the principal

Gadang has a foothold in this project given that they keep on winning contracts from TRX ...

@ smart beginners, why you so sure ?

Tambun is slowly inching up to 60 cents...

Paramount unbilled sales is close to $700M, this making Tambun peanuts compared to Paramount...

Gadang buat wayang

Pangolin...I second this...

Another developer that comes highly recommended is Paramount Properties.

Try top glove...damn fast

I second that.... Icon city, proximity to Batu Kawan, IKEA, university of Hull-KDU, etc and the proposed building of a new hospital complex will spill over to Tambun Indah.

I love the management's technic of buying huge tracts of land on the cheap and then, slowly develop the land and unlocked its value. Tambun has a margin of close to 40%.

Unlike other developers who expand aggressively and when faced with the double whammy of a poor property market and Covid19, Tambun has been slow and steady ...scaling back their operations and continue to give out good dividends and not resorting to rights issue.

When the share price has been bashed down so badly, the bosses are actively engaging in shares buyback indicating the confidence they have in their own company.

Those who can wait until the end of next year...this is a phenomenal counter ....those who can't wait...it is a shitty counter

Well put....it is a shitty counter

Can share the many articles about Paramount ?

Yeah...