Posted by yeekarwai88 > 2015-12-16 14:13 | Report Abuse

Lol,21pages

Posted by weewee22 > 2015-12-16 14:16 | Report Abuse

High time that JF Apex will need to upgrade their call on the stock.
There are many infrastructure works which are up for grab and I have not hear that this company has fail. 6 - 7x PE appears cheap at current prices based on the fundamentals provided

http://www.thestar.com.my/business/business-news/2015/12/12/gadang-buoyed-by-mrt-rapid-job-prospects/?style=biz

Posted by Jeff Lee > 2015-12-16 14:32 | Report Abuse

We initiate coverage on Gadang with a BUY recommendation and an
SOP-derived MYR2.73 TP (29% estimated upside return). Gadang
established itself as a niche player in the large-scale earthworks
segment of the construction sector. We like the group for its strong
earnings visibility over the next 2-3 years and potential to win new
contracts from the rise of infrastructure works locally. The stock trades
at undemanding P/Es of 6-7x for FY16F-18F.

Posted by weewee22 > 2015-12-16 14:35 | Report Abuse

The next Mitrajaya in the works.. Huat ar!!

Posted by tksw > 2015-12-16 14:47 | Report Abuse

jilakak that day park 202 and below kenot get, today got to chase 214-215

Posted by tksw > 2015-12-16 14:51 | Report Abuse

force sifu, where got move too fast. 5 sen niah, only 2%-3%. veli slow leh

Posted by tksw > 2015-12-16 14:53 | Report Abuse

JN88 sifu, other sifu got said 250 on sight...wanna buy, quick quick buy. if not later cross the river no sampan liao。^_^

Posted by force > 2015-12-16 15:03 | Report Abuse

Don't like that ... I still wait chance to in...

Posted by tksw > 2015-12-16 15:15 | Report Abuse

force sifu, no chance liao, cepat cepat, nanti lambat. kakaka Once the momentum build up itu rocket will take off...

Posted by SuperMan 99 > 2015-12-16 15:34 | Report Abuse

Thanks for sharing, weewee22. Everyday is a happy day... :)

Posted by tksw > 2015-12-16 15:34 | Report Abuse

foce sifu, I bot 3 lots 216, wanna come?

Posted by SuperMan 99 > 2015-12-16 15:46 | Report Abuse

Market is correcting itself on the Gadang share price, when price was so low with PE about 5+, I put in mostly all my monies in Gadang, & now still holding.

When historial past 4 years' average PE was 7.35, why sale when PE is still below 7?

While Capital City 21 is started to deliver its profits, don't forget Gadang still have PRIMA1 housing development in Cyberjaya.

Furthermore, many are agreeable & optimistic to the ability of the Management to get MRT2 & Rapid2 Projects, where can it go?

SKY is the only limit!!!

Posted by JN88 > 2015-12-16 16:09 | Report Abuse

Construction not yet come back, only PRIMA 1, MRT , LRT come back.

Posted by Ryan88 > 2015-12-16 16:22 | Report Abuse

Construction field getting worse. Sub sales market seen some prices dropping. New launch projects also facing difficulties and stagnant in sales.

Gadang is the rare case outstanding among others construction companies.

Posted by yeekarwai88 > 2015-12-16 16:25 | Report Abuse

Maybe I get wrong?
Construction not equal to MRT,LRT?

Posted by JN88 > 2015-12-16 16:31 | Report Abuse

Construction I mean here is 'special construction '... Other company who do not get this special construction Holland is waiting them. However they very smart stop many project and wait the market digest their early product first.

Posted by JN88 > 2015-12-16 16:34 | Report Abuse

Next year, economic in Malaysia may be recover, only those Holland people pengoreng apartment will go to Holland first...

Posted by tksw > 2015-12-16 16:41 | Report Abuse

just now drop back to 214, scare die me. kakaka

Posted by tksw > 2015-12-16 17:08 | Report Abuse

today park whole day oso kenot get 214. I think tomolo hoseh liao. today loss few sens commission buying selling, jilakak

Posted by force > 2015-12-16 17:37 | Report Abuse

I oso cannot get, 214

Posted by yeekarwai88 > 2015-12-16 18:15 | Report Abuse

Now normal dwelling house need 500k above,you need pay 3000++ every month by borrow 30 year loan from bank. Besides,your income need at least 10k then bank only lend money to you.
Thus,I don't think the housing price can sustain.

Posted by yeekarwai88 > 2015-12-16 18:18 | Report Abuse

Aiyo,Tksw,if you straight bought gadang at 1.40++ two month ago.
After two month,you already earned 50% profit,and no need chase high.

Posted by AhSeng > 2015-12-16 18:19 | Report Abuse

Don't scare sendiri lah 2.12 now become support lioa. Besok sure 2.20 lahhhhhhhhhhhhhh

Posted by JN88 > 2015-12-16 18:36 | Report Abuse

500 k but I saw many pengoreng going to sell 600k, 700k or 800k WOR? Hahahaha are they in dreaming? Developer sell you 500k/ unit next time he can build in front of you condo with 450k and bigger size to attract more buyer? Why I need to fuxxking buy 600k or even higher than u?

Posted by yeekarwai88 > 2015-12-16 18:46 | Report Abuse

???
What are you want to express?

Posted by tksw > 2015-12-16 18:49 | Report Abuse

karwai sifu, 140 that time I dunno you sifu here mah. nobody teach

Posted by SuperMan 99 > 2015-12-16 19:31 | Report Abuse

Kansc, professional lines are getting tougher & not so popular compared to last time. More & stricter requirements & most importantly, very difficult to get staff.

Nowaday young people have more choices in career, thus making less people want to go to professional lines like accountants, doctors, lawyers, qs, engineers. Why? Because all professional firms need to do ot, rush deadlines, one man do 3 men works, list goes on.

Open professional firm is no difference from other businesses/industries, you need to get new clients/business, provide services or do the work, make sure get paid, chase payment, incur costs, blah blah blah.

Getting license does not mean you will succeed, you still need to fight for new business.

Whatever you do, focus & commit into it, you will anyway get good reward. Audit & tax are both good, depend on your personal preference.

Posted by 2721 > 2015-12-16 19:33 | Report Abuse

gogogo...aleh~ aleh~ aleh~

Posted by SuperMan 99 > 2015-12-16 19:43 | Report Abuse

TP RM2.20 is at sight, next TP RM2.50....

GOGOGO.... :)

Posted by Lim Xiong Jun > 2015-12-16 19:47 | Report Abuse

So so regret to sell at RM1.94.
=(

Posted by JN88 > 2015-12-16 20:02 | Report Abuse

Professional line is very good. Try to imaging if you have professional knowledge + unprofessional skill and your competitor only have unprofessional skill... Many of my friend getting out from professional field....everyday they keep cari luband...some from professional field also keep car lubang lol...dunno why.

Posted by SuperMan 99 > 2015-12-16 20:06 | Report Abuse

Hahaha, JN, cari lubang nowaday can go to jail or license kena gantung. Very risky now if continue guna skill cari lubang.

Posted by SuperMan 99 > 2015-12-16 20:11 | Report Abuse

When small, desperate to earn living & nothing to lose, risk is nothing. When established already, not worth to take such risk.

Posted by SuperMan 99 > 2015-12-16 20:13 | Report Abuse

That's why some PLC go for small firms, because directors will have more say.

Posted by Ryan88 > 2015-12-16 20:18 | Report Abuse

Property now become worse because of truly oversupply in market now. few years ago when there's some free lunch packages like DIBS, low interest rates that allows people no need to spend single cent for down payment and able to own few properties at once caused the problem to next few years especially those new vped properties flood into the market at the same moment.

At least few years for the surplus to be absorbed by the demands. Hahaha

Posted by Tkoklin > 2015-12-16 20:38 | Report Abuse

Construction slowing....I will avoid

Posted by JN88 > 2015-12-16 21:37 | Report Abuse

MRT LRT rocket flying! You dunno what I'm talking about haha...

Posted by yeekarwai88 > 2015-12-16 21:57 | Report Abuse

Lol.
I said next year is construction year(lrt,mrt,),whereas you say what special construction.
I said housing prcie cannot sustain,but I don't know what you want to express with your statement.
Ok,I stop here.

Posted by gohcheehoh > 2015-12-16 22:04 | Report Abuse

Gadang will announce in end jan and the stock will keep heading to north until result out. If result can exceed 20m net profit than gadang will exceed rm 3. Gadang PE super attractive as compare to MITRA. One of the best in the industry

Posted by JN88 > 2015-12-16 22:10 | Report Abuse

If you say next year is construction year....mean all construction company is in good shape. But if you say next year is good to construction company who can get project from government which mean 100% sure hoseh. If you think next year is good to construction company try go to sapu those who without MRT and gov project company.... I send 1000 like for u.

Posted by tksw > 2015-12-16 22:12 | Report Abuse

Lim Siong Jun sifu, U can always buy back mah. I solf 177, bot back 180+, sold 180+ bot back 190,+, come on come on, 220 at sight, 250 next target. still can get profit.

Posted by chooken > 2015-12-16 22:18 | Report Abuse

yes agree, even if it has climbed without you doesn't mean it's too late to reenter. this ain't a case of "don't chase high", cuz we're chasing a winner

Posted by tksw > 2015-12-16 22:32 | Report Abuse

break out from 200 confirm & retested, no big shake out, less less oso can shoot 40 sen to 240 ler, ngam-ngam between 220 and 250 TP.

Posted by SuperMan 99 > 2015-12-16 22:47 | Report Abuse

JN, relax, yee just did not elaborate further as what you did.

We all know that both of you are long time Gadang shareholders & we all also know next year is construction play (if want specifically, that's government & petronas projects).

All construction firms with major businesses in building houses are all dead long long time ago, regardless listed or non-listed, all were squeezed with so little margin only, plus long payment terms.

Posted by tradeview > 2015-12-16 23:04 | Report Abuse

nice to see healthy discussion on Gadang. More discussion means good interests. I have been holding Gadang for a long time. I am sure many silent readers too. My previous posting here would cover most of the FA portion. I just would like to add that people should start viewing Gadang more of laggard play that has the potential to play catch up to Mitra. The only difference between Mitra and Gadang is the orderbook volume. However, while orderbook is extremely crucial to the share price movement to Construction counters, what most people fail to notice is the ability of Gadang to have solid cashflow and profit margin compared to many construction counters. I still hold firm to the believe it will hit my TP of RM2.40 in the short term. http://klse.i3investor.com/blogs/tradeview/85376.jsp

Posted by force > 2015-12-17 07:38 | Report Abuse

Dont tell me today will fly again ya...

Posted by yeekarwai88 > 2015-12-17 07:40 | Report Abuse

Finally this美国佬hiked interest rate.
Market already digest the news.

Posted by Ricky Kiat > 2015-12-17 08:52 | Report Abuse

Icon888, refer to RHB report, capital city phase 1 shop lot take up rate only 49% (to date)? how come ?

Posted by tksw > 2015-12-17 09:20 | Report Abuse

bot 2 lots 218, kasi kejar sikit

Posted by Jeff Lee > 2015-12-17 09:23 | Report Abuse

gadang target price by RHB RM 2.73 (RM 0.30 x 9)