Q1 results was solid. Up over 100% YOY to almost 10 eps. Since their warrants expired in Sept, maybe Gadang Board might reward shareholders with new free warrant plus other goodies in coming quarter.
I think gadang can reach 2.50 above , hey guy you bank or your home still got money right , take qut to invest , come on man ,stock market still got undervalue stock .. gadang at you portfolio how many %? 100/100 ? 10/100? 1/100 or 0.1/100? Look gadang and look other stock also. Kikikiki
Last Friday the 4-12-2015, interest is clearly piling up for Gadang, dubbed the cheapest construction stock in KLSE. The closing was so strong, and as a result, the very first green ball is appearing in its parabolic chart. For TA community, this means a lot as it signifies the confirmation for buying signal.
On the same day, there was also a breakout accompanied with huge volume. Breakout took place as the closing price of 1.90 is higher than the recent high of 1.88 (please read the chart that has been adjusted with dividend of 5 cents paid out on the 25-11-2015.
In the AGM which was held on the 26-11-2015, shareholders were informed that Gadang's present construction book Oder is standing at solid RM875mil. This of course provides earning visibility for Gadang at least for the next 2 years. Management is upbeat that their Book Order can surpass RM1bil mark very soon. MRT2 tenders are closing this month the December 2015. You can bet Gadang can get a chunk out of these tenders because of their strong history in MRT1.
Management is also confident that they can land the 3rd Rapid Pegerang Project. Rapid Jobs of RM3bil are up for grabs in the next 6 months.
I think the interest intensified in Gadang partly because investing community has anticipated that the 2nd Quarterly Results, that is due for release next month the January 2016, will be very good.
Sales & net profits are consistently growing over years but PE remain much lower than the historical average, coupled with high potential in getting awarded new projects from Rapid & MRT2, where can it go?
@ SuperMan99, i am quite worried about my GOB - last time, should have cut loss and park all at Gadang at RM1.45.....cry cry baby - cry mummy - cry daddy
superman sifu, ya that's me I bot 3 times 195 x100units. earlier wanna wait 194 near finish only buy, jilakak I park below until my account no limit kenot buy.
kancs, I don't know what to say on GOB. It's quite a mix.
Good business ahead in selling Damen but not so good management for venturing huge loss making business but no explanation from management on this.
Loss incurred is normal when venturing into new business, few hundred K or a fraction of portion from the overall profits is still reasonable, like Gadang. But loss every year up to 10M & no sign of improvement is way too far & dangerous already.
I love gadang I love you all hahaha I top up this morning also at 1.93 heheh little bit little bit top up !!! Regret not all in to get dividend Aisgshhhhhhhhh
名人冷眼Cold Eyes raised its shares in Gadang from 1.5m in 2014 Annual Report to 4.6m shares as stated in 2015 Annual Report.
This stock can easily be the biggest single investment by him in term of Share Value. It show a vote of confidence to the Management & Company's future.
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....
Ken Lim
166 posts
Posted by Ken Lim > 2015-12-04 22:37 | Report Abuse
Wanna sell my house buy gadang