Posted by alphajack > 2016-02-10 15:27 | Report Abuse

2.20 soon la..got support rdy

Posted by force > 2016-02-10 15:33 | Report Abuse

Add some more :)

Posted by alex88812 > 2016-02-10 15:40 | Report Abuse

after average down still above 2.13... 2.09 seem not really a good support... can break easily...

Posted by tksw > 2016-02-10 17:36 | Report Abuse

force sifu, no flight wor, jatuh longkang today

Posted by Viie > 2016-02-10 17:38 | Report Abuse

Today drop so much...

Posted by Mohd Fahmi Bin Jaes > 2016-02-10 17:48 | Report Abuse

If want to up, dow jones must up tonight

Posted by pussycats > 2016-02-10 19:17 | Report Abuse

Susah sangat nak Selamat

Posted by Viie > 2016-02-10 20:03 | Report Abuse

New year start with red red =,=

Posted by kancs3118 > 2016-02-10 20:14 | Report Abuse

Red is good...baru ada CNY festive mood

Posted by bfstay > 2016-02-11 00:20 | Report Abuse

i will accumulate slowly for the reasons below:

1. foreseeable revenue/earning
2. potentially winning more contract
3. Prudent management team
4. low PE
5. Strong cash flow

The next drive for the share price to growth is the announcement of new project, otherwise, i think it will stay flat for a while....

Posted by buddyinvest > 2016-02-11 07:59 | Report Abuse

Next month, ok.

http://www.thestar.com.my/business/business-news/2016/02/11/bidding-starts-for-mrt-2/

Posted by Mohd Fahmi Bin Jaes > 2016-02-11 08:09 | Report Abuse

Dow jones down -99

Posted by force > 2016-02-11 08:10 | Report Abuse

Hello :)

Posted by tksw > 2016-02-11 10:37 | Report Abuse

Fahmi sifu, you not say buy meh?

Posted by tksw > 2016-02-11 10:56 | Report Abuse

buddyinvest sifu, the link is broken.

Posted by buddyinvest > 2016-02-11 11:37 | Report Abuse

Thursday, 11 February 2016, Star Paper: Bidding starts for RM2bil MRT 2 viaduct jobs
PETALING JAYA: IJM Corp Bhd and Sunway Construction Group Bhd are among five construction giants in the running for an RM2bil job to construct viaducts in the Mass Rapid Transit line 2 (MRT 2) project.

The others shortlisted are Gadang Holdings Bhd, Mudajaya Group Bhd and Ahmad Zaki Resources Bhd, according to sources.

“Each of the viaduct packages is worth not less than RM1bil and these are for the northern side of the MRT 2.

Tender submissions have just been closed and construction jobs from MRT 2 are expected to be awarded from next month onwards,” a source said.


A viaduct is a bridge composed of several small spans and is commonly used as the basic infrastructure for rail projects.

MRT 2, with an RM28bil price tag, will start from Sungai Buloh before going through Serdang up to its final stop in Putrajaya with a total of 36 stations.

According to officials familiar with the tendering process, any packages to be awarded worth more than RM200mil would need consensus from the Finance Ministry in a meeting to be chaired by the Prime Minister himself.

“As the economy is slowing, the Government is giving priority to public infrastructure projects to stimulate the economy. The top brass is looking into the progress of the MRT 2 project closely,” said an official.

CIMB Research in a recent report said it was maintaining its “overweight” recommendation on the construction sector although the Government has decided to revise the 2016 gross domestic product forecast to 4% from 4.5% for 2016.

But it is also important to note that the construction industry is looking at a 10% increase in labour cost and a 2% increase in overall cost due to the newly revised foreign worker levy.

The source also said that the most expensive package, namely, the tunnelling contract with an estimated value of more than RM12bil, would be awarded in April.

“The frontrunner is the MMC-Gamuda joint venture, which is also the project delivery partner for MRT 2. Like the MRT 1 project, the tunneling job will be awarded on a Swiss Challenge basis,” said the source.

Under the Swiss Challenge system, MMC-Gamuda will have the first right of refusal to do the job at the lowest bid plus a small percentage of the margins.

Foreign rail experts such as Strabag Rail, Hyundai and China Railway Engineering Corp are vying for the tunnelling job.

The tunnelling job for MRT 1, which was undertaken by MMC-Gamuda, is nearing completion.

Other interested foreign companies for the tunnelling job include Vinci Construction from the United Kingdom, Taisei Techno from Japan, China Railway Construction Corp and China Communications Construction Company.

These parties are eager to submit their bids for the job,

“The race has attracted many because it is seen as the most lucrative aspect of the project,” said the source.

Qualified foreign bidders for the tunnelling job are allowed to put in joint bids or set up a consortium not exceeding three parties, but must name a lead partner.

The 13.5km tunnelling job is longer than the first line which was 9.5km.

The tunnelling cost of the first line was RM8.2bil.

Apart from having a more expensive tunnel, MRT 2, also known as the Sungai Buloh-Serdang-Putrajaya line, will offer more main civil engineering and construction packages from the first line.

It has been reported that the new line will offer 10 main packages compared with eight in the first line.

In light of cheap oil prices leading to the recent recalibration of the country’s budget, the implementation of major public transport infrastructure projects such as the light rail transit 3 (LRT 3) and MRT 2 still remain a priority for the Government.

In the 11th Malaysia Plan, the Government will continue to spend on high-impact construction work, particularly rail projects, that will boost the country’s economic growth from 2016 to 2020.

The MRT 2 and LRT 3, totalling RM37bil, are expected to be rolled out this year onwards.

http://www.thestar.com.my/business/business-news/2016/02/11/bidding-starts-for-mrt-2/

Posted by tksw > 2016-02-11 12:08 | Report Abuse

TQ buddyinvest sifu

Posted by yeekarwai88 > 2016-02-11 13:14 | Report Abuse

Construction sector is safe.

Posted by alex88812 > 2016-02-11 17:06 | Report Abuse

construction sector is safe.. but market sentimental is not good.. hope this counter can go up...

Posted by 77huat77 > 2016-02-11 17:52 | Report Abuse

If you want to win big sleep tight,then you cannot look at the market! How bad is the market won't affect a good fundamental company!i still believe in their management team!

Posted by force > 2016-02-11 17:53 | Report Abuse

Gadang fly soon... dont wait until fly then chase :)

Posted by stocktrader3 > 2016-02-11 18:05 | Report Abuse

no wor, i heard other sifus said no matter how good the company is, when market is bad, all affected to certain extend. But of course long run, good company will rise back.

Posted by Ricky Kiat > 2016-02-11 18:34 | Report Abuse

Dumb Dumb hold....

Posted by force > 2016-02-11 18:48 | Report Abuse

Stocktrader3 just need to wait and see :)

Posted by 77huat77 > 2016-02-11 20:23 | Report Abuse

Are sifu god? Do he help you to choose wife and give you food ?why so listen to sifu sifu !!!
I am sifu also all you can sell but no for gadang. Because we are investor not trader !
I locked it and see him after 5years !

Posted by stocktrader3 > 2016-02-12 05:37 | Report Abuse

No choice because i am not smart and cannot talk to God, so just learn from sifu.

You can really locked it and see after 5years? that's long enough for the counter to go peak and collapse back to bottom. I cannot live a day without looking at the stock. haizz...

Posted by stocktrader3 > 2016-02-12 05:46 | Report Abuse

that's what i do now. wait and see.

force Stocktrader3 just need to wait and see :)
11/02/2016 18:48

Posted by force > 2016-02-12 06:40 | Report Abuse

Good news soon :)

Posted by Mohd Fahmi Bin Jaes > 2016-02-12 07:32 | Report Abuse

news only at march-april.
last nigh dow jones down -254

Posted by force > 2016-02-12 08:58 | Report Abuse

Time to buy else u wait till march then chase :)

Posted by tksw > 2016-02-12 09:10 | Report Abuse

fahmi sifu scared liao.

Posted by force > 2016-02-12 09:18 | Report Abuse

Foreign worker levy stop .... yeah

Posted by zhi_yuan > 2016-02-12 09:34 | Report Abuse

This morning T+4 force sell?

Posted by stocktrader3 > 2016-02-12 10:43 | Report Abuse

i am very kia si wan, i don't mind chase high and earn less than those who enter now (assuming in april gadang win the contract, if not then gone case). Like what tksw sifu said before, pengoreng need to show more sincerity first. let them show us the money first, then i will show mine.

Posted by Mohd Fahmi Bin Jaes > 2016-02-12 11:31 | Report Abuse

2.05
effect when dow jones big down

Posted by alex88812 > 2016-02-12 11:33 | Report Abuse

huh... really bad sentimental... abit regret to buy last 2 days... should buy now and average down... now no more capital for average down.... =(

Posted by zhi_yuan > 2016-02-12 11:57 | Report Abuse

alex88812: we are abang-adik... :(

Posted by yeekarwai88 > 2016-02-12 12:00 | Report Abuse

You never know when is the lowest price.

Posted by 77huat77 > 2016-02-12 12:21 | Report Abuse

No money who want lend money
I got do private lending hahahha

Posted by zhi_yuan > 2016-02-12 12:29 | Report Abuse

wah.. Ah Long have service in i3investor too....:D

Posted by yeekarwai88 > 2016-02-12 13:08 | Report Abuse

Kok onn keep acquired gadang share.

Posted by pussycats > 2016-02-12 13:21 | Report Abuse

Where is the proof Kok onn keep buying gadang Share???

Posted by Mohd Fahmi Bin Jaes > 2016-02-12 13:23 | Report Abuse

No prove.

Posted by noobnnew > 2016-02-12 13:24 | Report Abuse

Monday might dip further waiting at 195 in this bad sentiment

Posted by leelc99 > 2016-02-12 13:24 | Report Abuse

pussycats, please go check the company announcement for Gadang for the dates listed below if you do not believe what I just posted.

Friday, 12 Feb 2016

12 Feb 2016 1:18PM GADANG MELORIA SDN BHD (57,100 units Acquired)
12 Feb 2016 12:51PM GADANG CHAN NGAN THAI (57,100 units Acquired)
12 Feb 2016 12:49PM GADANG KOK ONN (87,100 units Acquired)
12 Feb 2016 12:46PM GADANG MELORIA SDN BHD (34,937,166 units Acquired)
12 Feb 2016 12:44PM GADANG SUMBER RASWIRA SDN BHD (30,000 units Acquired)
12 Feb 2016 12:41PM GADANG KOK ONN (87,100 units Acquired)

Friday, 5 Feb 2016

5 Feb 2016 1:04PM GADANG CHAN NGAN THAI (324,700 units Acquired)
5 Feb 2016 1:00PM GADANG KOK ONN (374,700 units Acquired)
5 Feb 2016 12:57PM GADANG MELORIA SDN BHD (324,700 units Acquired)
5 Feb 2016 12:53PM GADANG SUMBER RASWIRA SDN BHD (50,000 units Acquired)
5 Feb 2016 12:50PM GADANG KOK ONN (374,700 units Acquired)

Wednesday, 3 Feb 2016

3 Feb 2016 5:32PM GADANG KOK ONN (10,000 units Acquired)
3 Feb 2016 5:30PM GADANG SUMBER RASWIRA SDN BHD (10,000 units Acquired)
3 Feb 2016 5:29PM GADANG KOK ONN (10,000 units Acquired)

Friday, 29 Jan 2016

29 Jan 2016 5:28PM GADANG KOK ONN (113,000 units Acquired)
29 Jan 2016 5:26PM GADANG SUMBER RASWIRA SDN BHD (113,000 units Acquired)
29 Jan 2016 5:24PM GADANG KOK ONN (113,000 units Acquired)

Posted by kkteng70 > 2016-02-12 13:32 | Report Abuse

this are the prove.

Posted by yeekarwai88 > 2016-02-12 13:33 | Report Abuse

No evidence?
Haha.
Even announcement also lazy to search?

Posted by stocktrader3 > 2016-02-12 14:33 | Report Abuse

haha...copy and paste also read first lah to see the number correct or not.

Posted by force > 2016-02-12 14:46 | Report Abuse

That is true recently a lot of acq from Dato and datin. U can get the info at bursa... leelc99 not tipu

Posted by Kumi_duit > 2016-02-12 14:48 | Report Abuse

It will down more!