8 Conlay.

馬來西亞6大爛尾工程！

https://www.youtube.com/watch?v=mv3nouRh6AA

Falling knife.

Yes

paktua must buy more at these price 0.285-0.28. Don't talk talk.

This week cannot reach 0.32 yet.
Now dive to 0.285 first.
Don't worry. Be happy.
Ta Ta

https://www.chinapress.com.my/?p=3115652

Shark is caught by fishermen and sold to and eaten by buyers.

1.5 is better. Can buy more.

KSK (Group and land) only needs to pay the cash to GDB, then the project can progress without any meeting lah. No use to meet if no cash.

I am now just an observer. Refuse to take high risk. I have others stocks invested and some to be observed to see if my prediction come true or not.

Ha Ha! It will take time. Long standing issue will take longer time. If cannot solve, koyak lah.

Another reason of abandonment: Many China buyers/investors defaulted the progressive payments.
https://www.youtube.com/watch?v=VO5tOV3TPak

Better ask yourself to live without money than asking GDB to continue their business without cash. CASH IS KING. No Money No Talk.

BJCorp business can be like the existing BJFood with increase profit and revenue for the next financial year.

This problem should have been a long time until GDB cannot afford to lose further and thus suspended the project. Not easy to settle. Better stay away from it as the impairment is about RM100 mil or 10 cents of GDB NTA while GDB has been able to make only RM 25-28 mil net profit a year. Other projects may also follows this 8 Conlay problem. No body know.

Cash is the blood of a company.

No suggestion yet. We only know facts. So profitable project by KSK Land after collecting phase to phase money, the cash was more than sufficient to be paid to GDB. The HQ i.e. KSK Group is the culprit sucked the cash out but unable (running out of cash) to put back the money to KSK Land.

Fact is fact.

KSK has no cash.
Pertaining to the publications by some news outlets on the status of works in 8 Conlay Project, the Board of Directors of GDB wishes to make an announcement that Grand Dynamic Builders Sdn. Bhd. (“GDBSB”), a wholly-owned subsidiary of the Company had served a suspension notice to Damai City Sdn. Bhd. (“DCSB”) on 16 August 2022, which is pursuant to and within the terms stipulated in the agreement and contract. Both GDBSB and DCSB are in talks with the aim of resolving the matter amicably. The Company will make the necessary announcement upon any significant development. This announcement is dated 29 August 2022.

该券商宣布不再追踪GDB控股，因为“缺乏和管理层沟通”。一家投行发表“缺乏沟通的管理层”的声明，是个令人担忧的事情。

而市场正在严正看待保持沉默的当事人。

根据上市公司条规第9章（持续披露），一家上市公司必须根据上市条规向公众披露有关投资的所有重要信息，并采取适当的步骤来确保所有投资者获得平等的信息。

公众有知情权
https://www.enanyang.my/%E5%90%8D%E5%AE%B6%E4%B8%93%E6%A0%8F/%E4%BC%A08conlay%E5%81%9C%E5%B7%A5-gdb%E6%8E%A7%E8%82%A1%E5%90%8E%E7%BB%AD%E5%A6%82%E4%BD%95%E5%89%8D%E7%BA%BF%E6%8A%8A%E5%85%B3

Companies are listed to expand their business with the help of investors.

I have never force them to pay me the dividend and it is their willingness to share profits according to their willing set dividend policy. How many counters in Bursa are willing to share their profit and set up a dividend policy? You ? ha Ha Ha!

Why so early to judge 3rd Q result? Look at their past records for your own research.

How to impair RM100m while its current NTA (RM0.16) is just left with RM149.92 mil?

How to impair RM100m while its market value today (RM0.165) is just left with RM154.6 mil?

The project forms ~75% of GDB’s unbilled orderbook with receivables plus contract assets of ~RM100m. Any impairment will have very serious effect.

Don't talk. But can write.

Don't need to hope. They follow their dividend policy and never miss.

如果你有在吉隆坡买8 Conlay kuala lumpur房子的，这侧新闻你可能要留意了！
8 Conlay 主要承包商发给分包商的信函，说根据合同的相关条款，叫他们暂停执行分包工程。
根据The Edge Markets报道，主承包商已经正式停工的消息但拒绝进一步置评。

News from The Edge Markets on 18/8/2022 where this article is no longer available in their webpage.
A spokesperson for GDBSB confirmed the suspension of works at 8 Conlay project when contacted by The Edge on Thursday (Aug 18), but declined to comment further

Video on 8 Conlay stop work. No workers at all.

https://www.youtube.com/watch?v=42LctdgeRgs

Great price 0.15 is coming in line with it.

8 Conlay. According to New Straits Times, KSK Land recently mentioned that the 8 Conlay project is on track and remains committed to delivering on its obligations. This comes after some news outlets (e.g. Nanyang, SinChew, etc.) reported that GDB has suspended works on the project, quoting a deleted article published previously by The Edge. In the meantime, GDB has not commented on the matter, perhaps due to client confidentiality reasons. Based on our estimation, the project forms ~75% of GDB’s unbilled orderbook with receivables plus contract assets of ~RM100m.

Dividends. No dividends were declared (1HFY22: nil; 1HFY21: 0.7 sen).

https://klse.i3investor.com/web/pricetarget/research/64314

GDB Holdings - Deep Margin Squeeze
Source : HLG, Price Call : SELL, Price Target : 0.15
Last Price : 0.205, Upside/Downside : -0.055(26.83%)

No money no talk.

The Board of Directors anticipate a challenging outlook for the financial year ending 2022 due to
prolonged labour shortages issues, higher construction costs from material prices and labour costs
as well as higher preliminaries costs due to prolongation of construction period which exerted
pressure on the Group’s profitability for on-going projects. Besides that, the persistently high
construction costs may lead to property developers deferring new launches, hence affecting our
pipeline of project tenders as well as our new contract wins moving forward.
The Group will remain vigilant by undertaking necessary prudent measures to mitigate the adverse
impacts of rising construction costs, thus ensuring stability of its finances and business operations.
In addition, proper SOPs have been put in place to ensure smooth progress and to avoid interruptions
of construction activities.
Barring unforeseen circumstances, the Group is cautious of its performance for the financial year
ending 31 December 2022.

If any impairment will be done in third quarter lah. Not second quarter.

That was his projection. Normal lah if cannot achieve. Some can achieve is good enough.

Today, LGMS has more than a thousand local and global clients.

https://www.klsescreener.com/v2/news/view/1034183/lgms-to-expand-regional-presence-due-to-growing-cybersecurity-market

Better launch a law suit against The Edge and GDB if the new is not true. Afraid no money also to suit.

If money pumped from KSK to GDB then can continue. If no money, how to continue?
KSK Land supports it to continue also useless if no cash. CASH IS KING.

You must have short circuit in your mind. Tomorrow is a public holiday.

Why cannot use a proper English nor a proper Bahasa?

Already happened a couple of times (price shot up) as facts just only likely to have GE. What is it is real GE? You are not doing homework.