Afternoon session maybe another spike...

Oh yeah...this is akin to an ECRL strip tease dance ? The first two RM80M++ contracts is like the opening show to whet your naughty appetite?

When is the grand strip by the dance pole? When is the RM1B++ contract?

@ victory99, how you know Gadang gonna win more projects?

That day, during my teh tarik session session with Gadang's chairman, ...he seems very depressed...

Yeah...and they are sorely disappointed ...

At least win a hospital project...one contract is worth at least RM400M....build a mental institution like tanjung rambutan 2....

I am.expecting RM1B projects...nothing lesser than that...Gadang just let me down...

@ ikoky...normally, government projects are in the neighbourhood of middle to high single digit profit margin....RM8.8M profit is just the best case scenario. Hence, RM8.8M over 2 years divided by 700M shares...the EPS from this project is just chicken shit..
I wonder why Gadang even bother to submit their tender to bid for such chicken shit, nose shit, small fry projects.....waste their time and effort....

Large scale construction projects should be in the neighbourhood of RM1B and above ...these are kacang Putih, nose shit project...

Tiu.....really shit hole company....awarded such a small fry project...RM88M....makes it sound like such a big deal....Tiu...

RM 88M won't even move the needle....Tiu .
I was thinking like RM1B project awarded....baru Kheng mah....

All you people seems to be excited over those trivial news....not worth announcing such kacang Putin project....tomorrow will gap down!

1B and above

HoHup got awarded the contract from ECRL but price is still falling...but HoHup got is the ikan bilis portion...hope Gadang gets the big fat meat

HoHuo managed to win RM100M++ construction contracts....but this is ikan bilis project...hope Gadang can win more...

Respect the Bangla...without them, Gadang can close shop...and we can tapao...no need to be at i3

Power to the Bangla....

@Keymann188...seriously, until today, I don't know why they dump so much money to buy DwL

What PPE? Buy gloves ? Sial one...Top Glove PE can be over 70++

God damn Gadang...how dare it drops whole Dow Jones is doing a shooting star . Bodoh punya company

Look here...

If the share price crashed....then, it is seriously a shithole PN17 worthy company...my call is to sell...

If the share price rised ...like today, then it is a golden boy with good future...my call is to buy....

So, if the price don't fall, it will rise....if you don't sell, you buy...get my logic??

The lalang master has spoken....

Right now, it is construction theme...rotational play

Alot of it depends on Gadang's capability. Based on past records, Gadang has plenty of experience in rail construction evident from their MRT, LRT...so, let us hope they can secure a mega contract or two to replenish their dwindling order book.

Now, the immediate danger is the proliferation of the Covid19 amongst its doreign workers which may result in them being shut down by the authorities.

Well...sir, we can only hope ....

I like it when the share price inches up with big volume.

Solid close...

Given Gadang's good track record in their LRT and MRT projects , they stand in good stead to win projects and replenish their dwindling order book.

SymLife is a good company ..comes 2021, when Star Residence project OC , then we will see the repatriation of dividend from Alpine Return .... The investment in JV company of close to RM300M in the balance sheet will be converted to cash and be used to pare down their debt taken for Symphony Square.

However, fingers crossed....hopefully, they don't over commit for their Lembah Ledang project ....

At Keyman188, why you sell so fast ? Good news are coming ...

Hopefully....

All the sochai calling to sell. Please sell to me cheaply ... If not, how can I earn a 10x bagger ? This is the best of time ...

This is my top pick for Oil and Gas sector .....have already buy a whole truckload at 6 cents....waiting to earn a ten bagger here....easy money...

Shithole counter

PN17 coming

You see....price has dropped to 42 cents Dee....next stop is 30 cents and then 20 cents and then 10 cents

Sell!!! Listen to Armageddon...Sell!! SELL!!! selllll...don't say Armageddon boh jio you guys to sellll

Mmm...where is the announcement that Gadang gonna win major construction projects ?

@ Armageddon...just shoot aeroplane...phak chiu cheng...no need to ask me...hahaha

If yes..why bother to spend their time here at i3m

I also cannot see the logic...how some people can get the information that Gadang has won projects ?? They are close to the inner workings of the Govt ?

Armageddon boy boy may have missed the boat...

Has a strong bullish undertone

Maybe Melanie is secretly collecting while bad mouthing SymLife ...hahaha

I tried my best but Gadang very naughty boy ..does not wanna drop in price

@ Armageddon,...don't say I boh jio you...get ready your bullets...get ready to shoot at 10 cents.....I am taking margin to sell Gadang at 10 cents.....let you pick up...get ready...get set...1.2.3.

@ Armageddon....agree with you...kanasai..this is shit hole company...I will drop it below 10 cents....kanasai...make this a penny stock company....next stop..PN17!!!

@ Armageddon...yeah.
I concur....Gadang sux big time....shitty construction counter....

Mm...that I agree. PE is still low and offers plenty of headroom for further share price appreciation .

But if you look at Kim Lun, PE of 4.+, Plenty of headroom for them to go up. But PE just tells you about profit (PnL) side but not the balance sheet side. Kim Lun is loaded with plenty of debt. Another thing is that Kim Lun accepts works from private sectors compared to Gadang which is mainly government works. But Kim lun's strength comes from their concrete manufacturing . This will provide then consistent cash flows.

Trailing PE can be based on the quarterly results.
At current price ...PE almost 10.
Meaning on a profit growth point of view, the company is fairly valued.

Needs Gadang to bring in more profit for share price to further increase. At current PE 10, limited headroom.

@ smart beginners - what do you mean ?

Boss...PE already 10 ..how much do you expect it to fly ?

That is assuming if Kim Lun can still maintain its EBIT

You guys not concerned debt level so high ?

Yah yah...same old... same old....nothing new...