SELANGOR DREDGING BHD

KLSE (MYR): SDRED (2224)

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Last Price

0.58

Today's Change

+0.005 (0.87%)

Day's Change

0.58 - 0.58

Trading Volume

12,800


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372 comment(s). Last comment by zombie321 2 months ago

Posted by Michaelangelo > 2019-10-04 17:07 | Report Abuse

MD mentioned on Sep 18, 2019 that there is 250 millions that haven't credited into yet. The price currently 0.62~0.65 is a steal to me.

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2019-10-09 16:17 | Report Abuse

Property developer Selangor Dredging Bhd (SDB) wants the government to introduce a policy that provides first-time property purchasers a higher margin of financing and a longer loan tenure of 45 or 50 years...... better ask for 100 years, 3 generations loans.

Believe minority SHs will ask for a higher dividends but don't think management is capable to deliver and want to listen. If you think total dividends in the next 15 years can totalled up to $600, may take the risk. Otherwise just sell and keep $600 in EPF for 15 years.

kahsoon888

711 posts

Posted by kahsoon888 > 2019-10-11 17:32 | Report Abuse

Finally break 0.5

yesyesyes

728 posts

Posted by yesyesyes > 2019-10-24 15:32 | Report Abuse

should be someone press wrongly .. false alarm ..

Posted by Michaelangelo > 2019-10-24 17:14 | Report Abuse

She is going to test 38.2% Fibo @0.75 first, then next 50% Fibo @0.80. Will her wishes come through, let's see.

prince4

1,459 posts

Posted by prince4 > 2020-03-16 12:43 | Report Abuse

Covid-19 make economy slow down company fundamental will metamorphism and company with high debt will face collapse or bankruptcy soon.Expect local and foreign funds money would not flow in big cap and mid cap stock because everybody scare buy high losses money . In this few month expect Funds manager money would flow out in bigcap and midcap stocks and will short selling midcap stocks for make money so now no prospects cannot buy and hold.
market stock RM10 drop to RM5, RM5.00 drop to RM 2.00 , followed RM2.00 drop RM1.00, followed RM1.00 drop to 50 cent, followed 50 cent drop to 20cent ,followed 20 cent drop to 10cent ,followed 10 cent drop to bottom.
High debt company cannot hold ,high prices stock cannot hold , market never sleep money never sleep just buy bottom low prices with cash rich company . This is a opportunity markets smarts money no longer will flows in cheaper stocks market will goreng lows price stock at bottom.

Posted by Lee Chee Cheong > 2020-08-15 21:17 | Report Abuse

I'm buying on MONDAY

troy9319

14 posts

Posted by troy9319 > 2020-09-09 08:46 | Report Abuse

why boss keep buying? any insider news ?

ahbah

6,238 posts

Posted by ahbah > 2020-12-13 17:54 | Report Abuse

Iron ore leads gains for industrial metals, up nearly 65% this year.

ahbah

6,238 posts

Posted by ahbah > 2020-12-13 17:56 | Report Abuse

Iron ore price goes parabolic after cyclone warning.

ahbah

6,238 posts

Posted by ahbah > 2020-12-13 18:00 | Report Abuse

Iron ore markets have caught fire due to a combination of unprecedented demand from China, which has embarked on a massive infrastructure build-out to stimulate the economy post-pandemic and worries about supply from Brazil and Australia.

ahbah

6,238 posts

Posted by ahbah > 2020-12-13 18:02 | Report Abuse

The bull market for iron ore is set to extend into 2021.

ahbah

6,238 posts

Posted by ahbah > 2020-12-16 22:41 | Report Abuse

FORTRESS MINERALS LTD. (Initiation) – Rise of An Iron-ore Producer
Date: 14/12/2020

Source : PHILLIP CAPITAL

Stock : Fortress Minerals

Price Target : 0.28

Price Call : BUY

Last Price : 0.22

Upside/Downside : +0.06 (27.27%)


Growing demand from steel mills in Malaysia to spur higher sales volumes. We project 54% volume growth from FY20 to FY22e.

Low production cost of US$28.81/WMT. Reserves to expand with only 5% of its mining concession area explored so far.

Initiate coverage with BUY and TP of S$0.28. Valued at 11x FY21e PE, in-line with industry average. Fortress is smaller in size but is growing faster and enjoy higher returns than industry.

kahsoon888

711 posts

Posted by kahsoon888 > 2021-03-25 18:18 | Report Abuse

No trading today?

ahbah

6,238 posts

Posted by ahbah > 2021-04-26 09:33 | Report Abuse

Sdred ... coming now ? Got trading now lah.

Jacky_87

175 posts

Posted by Jacky_87 > 2021-04-26 09:54 | Report Abuse

acme , acme wa

ahbah

6,238 posts

Posted by ahbah > 2021-04-26 09:58 | Report Abuse

also look like coming now hor ?

Posted by GorengHealthcare > 2021-04-26 16:06 | Report Abuse

sdred closing today or by this week gt goreng kaw2 mou

ahbah

6,238 posts

Posted by ahbah > 2021-04-26 16:33 | Report Abuse

Any news about Sdred ?

ahbah

6,238 posts

Posted by ahbah > 2021-04-26 16:35 | Report Abuse

Who wallop Sdred kuat kuat now ?

smelati

9 posts

Posted by smelati > 2021-04-26 17:19 | Report Abuse

hidden hands

powerup89

1,694 posts

Posted by powerup89 > 2021-04-26 22:48 | Report Abuse

Apo hal tiba tiba naik....

lsengw

3 posts

Posted by lsengw > 2021-04-27 10:26 | Report Abuse

https://www.theedgesingapore.com/capital/brokers-calls/phillip-securities-raises-tp-fortress-minerals-64-cents-iron-ore-prices-soar

Phillip Securities raises TP for Fortress Minerals to 64 cents as iron ore prices soar

ahbah

6,238 posts

Posted by ahbah > 2021-04-27 11:41 | Report Abuse

Why is sdred dropping like big giant stone, please ????

Posted by Kakimenipu > 2021-04-27 12:51 | Report Abuse

Weak hands. Wait for Monday.

ahbah

6,238 posts

Posted by ahbah > 2021-04-29 13:40 | Report Abuse

With iron ore demand and prices expected to rise ahead, Phillip Securities has maintained its “buy” rating for Fortress Minerals with a higher target price of 64 cents from 47 cents previously.

According to Phillip Securities, Malaysia’s production of iron and steel bars and rods has increased 4.3% m-o-m in January and 16% m-o-m in February.

Iron ore prices have hit a 10-year high as iron ore supply from Brazil, the world’s largest supplier, could face uncertainty due to harsh weather.

Posted by GorengHealthcare > 2021-04-30 12:14 | Report Abuse

after 3pm push up?

caonima

367 posts

Posted by caonima > 2021-05-07 16:38 |

Post removed.Why?

caonima

367 posts

Posted by caonima > 2021-05-10 09:06 |

Post removed.Why?

Posted by The St. Goreng > 2021-05-10 09:13 | Report Abuse

OAJ SGX now 0.74...

caonima

367 posts

Posted by caonima > 2021-05-10 09:14 |

Post removed.Why?

Posted by SpicyMcDeluxe > 2021-05-10 11:52 | Report Abuse

wc call buy all stocks laaa, greatest man

Posted by Kakimenipu > 2021-05-15 15:22 | Report Abuse

SDRED own 31% of OAJ SGX. Which is equivalent to 150M shares. SDRED bought at SGD 0.20 and now SGD 0.745= Profit SGD 0.545.

SGD 0.545 x 150m shares = SGD 81.75M profit or RM245M.

So this quarter SDRED should be price at least RM1.10.

caonima

367 posts

Posted by caonima > 2021-05-31 18:53 |

Post removed.Why?

hishamvss

23 posts

Posted by hishamvss > 2021-06-21 10:58 | Report Abuse

Why SDRED looks no movement at all since last week

Posted by cal061292 > 2021-07-16 16:33 | Report Abuse

Since fortress mineral announcement if its results on Wednesday, it shares has move to 70cents, with a market cap of S$350 million.
Sel dredge 30% in fortress s about 15% above it's market cap at 67sen.
Let alone it has other valuable asset n business. There is tremendous upside.

BigZakar

261 posts

Posted by BigZakar > 2021-08-17 10:40 | Report Abuse

top covid cases state is selangor................run!!!!!!

thesteward

6,782 posts

Posted by thesteward > 2023-08-28 11:38 | Report Abuse

Could big benefit from HSR? Coz got so many land in Singapore?

Posted by sapurainsider > 2023-09-23 10:21 | Report Abuse

Wow so quiet here .. this one diam diam going up

Terry Kok

19 posts

Posted by Terry Kok > 2024-03-26 19:04 | Report Abuse

price up with volume. look great\

thesteward

6,782 posts

Posted by thesteward > 2024-04-23 15:41 | Report Abuse

If not wrong sdred got big land in Spore which could also benefit fm hsr. Got to do some research . Who knows next to lu?

thesteward

6,782 posts

Posted by thesteward > 2024-04-23 18:33 | Report Abuse

Highest Pbt recorded last q in the past 4 years .

thesteward

6,782 posts

Posted by thesteward > 2024-04-25 12:09 | Report Abuse

Give it 2 weeks might spike end of next week . Fingers crossed

thesteward

6,782 posts

Posted by thesteward > 2024-04-25 22:45 | Report Abuse

Something big brewing . Soon Lu . Fingers crossed

thesteward

6,782 posts

Posted by thesteward > 2024-05-17 16:06 | Report Abuse

Almost time for spike ….

Posted by TrendSculptor > 2024-06-05 23:20 | Report Abuse

Spiking time is now

Posted by drkervokian > 2024-08-21 20:16 | Report Abuse

Dividend 3 cents for 65 cents share. Not bad.

Ovantage

10 posts

Posted by Ovantage > 2 months ago | Report Abuse

All land developed and sold in singapore.its developed under 50/50 jv with teh family holding company. Maybe have cash stuck in singapore only..

Ovantage

10 posts

Posted by Ovantage > 2 months ago | Report Abuse

Also sold singapore office..

zombie321

83 posts

Posted by zombie321 > 2 months ago | Report Abuse

very scb

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