Net cash position, earning visibility, growth opportunity in utility areas, established recurring income, diversification....I can't find a reason to abandon my lovely GADANG.
yalor - die liaw...no new contract...don't hold to sampah company...please sell to me...if you sell to me via private arrangement - i guarantee pay you same day - no need to wait for 3 days settlement
recently kcchong had done a comparison of the performance of two piling companies the revenue of econpile is double that of pintataras but the net income of econpile is less than that of pintararas ! why ?????? that is the significant part of NET CASH. if you have enough cash you are more prudent and selective with your job. do not forget the hard fact that not every job you have secured will bring in good income, in fact it may incur loss . do not be blinded by those unscrupulous directors that bring in a lot of job with little gain but high operating risk,just to have more borrowing power or mislead us minority shareholders into paying more to buy I hope with this common sense, I have answered some of you doubt why gadang is not eager to boast up her order book but opt for more consistent recurring earning.
Haha.. the article has a small paragraph (last paragraph) on Gadang. Anyway, it's not easy to clinch Pengerang or MRT job but Gadang got both of them and executed well. With over RM200b projects in the pipeline, I think no worry yet :)
Just read through the article in The Edge. The small para did mention Gadang is very cheap. And that it states that "Gadang could be a beneficiary of the second line".
Hahaha....I am with kai8994 on this one....project margin is more important than revenue...the bottom line being EPS earnings per share is quite important in pushing the share price up....more revenue does not equate to more profits....with the huge cash pile from the Johor project....they can afford to be more selective in their construction jobs.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Icon8888
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Posted by Icon8888 > 2015-10-07 21:40 | Report Abuse
It means you kurang ajar