GADANG HOLDINGS BHD

KLSE (MYR): GADANG (9261)

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Last Price

0.35

Today's Change

0.00 (0.00%)

Day's Change

0.35 - 0.355

Trading Volume

584,700


38 people like this.

37,593 comment(s). Last comment by XinXin Chan 4 days ago

Posted by buddyinvest > 2016-05-12 19:08 | Report Abuse

Only four packages are civil works - all awarded.

The remaining 6 packages are Mechanical & Electrical.

Good luck.

michaelwong

3,072 posts

Posted by michaelwong > 2016-05-12 19:09 | Report Abuse

Haha . ...almost reached the price that I bought previously at 2.17 . Those sellers have been absolved last week and way to move forward in anticipation for projects announcement after the Sarawak state election .

investor88

282 posts

Posted by investor88 > 2016-05-12 19:48 | Report Abuse

“We expect to announce the balance of the six out of ten viaduct work packages within the next three to six months’ time,” he said at a press conference at the launch of the second MRT Young Entrepreneurs Programme (MYEP) yesterday.

http://www.thestar.com.my/business/business-news/2016/05/12/more-contracts-for-mrt-line-2-to-be-announced/

yeekarwai88

3,967 posts

Posted by yeekarwai88 > 2016-05-12 20:07 | Report Abuse

i stay here for further announcement.

SJSOON

2,576 posts

Posted by SJSOON > 2016-05-12 21:22 | Report Abuse

There are 10 viaduct packages. So far only 4 were awarded. There are left with 6 more. Why worry.

SJSOON

2,576 posts

Posted by SJSOON > 2016-05-12 21:26 | Report Abuse

The number of packages and book order amount are far more than MRT 1.0. The cake is bigger. There should be more contractors who benefit this time round.

SJSOON

2,576 posts

Posted by SJSOON > 2016-05-12 21:28 | Report Abuse

Referring to the MRT 1.0 contract award results, Gadang and Mudajaya (non-bumiputra participants) will be the last ones who received the award. Being last does not mean never being awarded.

bluefun

643 posts

Posted by bluefun > 2016-05-12 21:28 | Report Abuse

Gadang the best, please sell more to me thanks :)

I am not dare to win fast, but I am dare to win big

Patience with passion, kikiki

SJSOON

2,576 posts

Posted by SJSOON > 2016-05-12 21:29 | Report Abuse

I guess, next will be Muhibah's turn. Later, GADANG and MUDAJAYA will follow.

yeekarwai88

3,967 posts

Posted by yeekarwai88 > 2016-05-12 21:33 | Report Abuse

i think more than 20B,as JV of mmc and gamuda already took 15.47B,sunway construction took1.2B,azrb took 1.44,and today announced 4.2B, total 22.31B(havent include projects took by other companies like TRC and so on)

SJSOON

2,576 posts

Posted by SJSOON > 2016-05-12 22:13 | Report Abuse

MRT 2 amounts to 32 billion. Still have 9 billion left.

Posted by stocktrader3 > 2016-05-13 09:38 | Report Abuse

gadang still solid, want to curi ayam also cannot...up is the only way.

kelvin12

321 posts

Posted by kelvin12 > 2016-05-13 09:43 | Report Abuse

once 2.15 is break, gadang will fly, there is not much sellers left already.

SuperMan 99

1,178 posts

Posted by SuperMan 99 > 2016-05-13 10:01 | Report Abuse

Gadang tender for 10b projects & Kok Oon said in the news that Gadang stands chance of 20%.

So far, Kok Oon has delivered his promises & recent results has proven the ability of Gadang to clinch higher profit margin from the contruction division.

kelvin12

321 posts

Posted by kelvin12 > 2016-05-13 10:25 | Report Abuse

market so bad today..jialat

Eric Wong

122 posts

Posted by Eric Wong > 2016-05-13 11:20 | Report Abuse

I dun see any reason for Gadang not to be able to secure MRT2 viaduct package contract as they are the fastest contractor to complete MRT1 viaduct package 2, of course their MRT1 package 2 was more straight forward compared to IJM package 5 which mostly at the center of existing traffic.
Some more, we can also notice that their management team efficiency in improving their construction profit margin.
If not mistaken, the profit from Johor Capital City still yet to show much in their financial statement.
At the same time, their recurring income from Indonesia utilities and also Sabah plantation will be boost their financial in near future.
Last and not least, their current low PE among construction peers also contribute to their price limited downside,

yeekarwai88

3,967 posts

Posted by yeekarwai88 > 2016-05-13 11:27 | Report Abuse

i think late award project to gadang is due to relatively poor relationship with government conpare with suncon,ijm,azrb,mrcb?

Posted by stocktrader3 > 2016-05-13 12:31 | Report Abuse

those who has sold and tot can buy back today must be heart pain now. when fly later lagi sakit hati.

kelvin12

321 posts

Posted by kelvin12 > 2016-05-13 12:50 | Report Abuse

today market very bad i think gadang will stay below 2.15, if market good sure can break 2.15 resistance.

Posted by buddyinvest > 2016-05-13 12:53 | Report Abuse

suncon,ijm,azrb,mrcb all the four have "Kau Tim" Department. Suggest Gadang do the same if they want to stay on course.


Posted by yeekarwai88 > May 13, 2016 11:27 AM | Report Abuse

i think late award project to gadang is due to relatively poor relationship with government conpare with suncon,ijm,azrb,mrcb?

Posted by stocktrader3 > 2016-05-13 14:33 | Report Abuse

no need "kaotim" department lah, still got 6 more to go. why worry. not each time also need to use "kaotim" method one. profit margin die lor.

Posted by stocktrader3 > 2016-05-13 14:40 | Report Abuse

what a busy day..gadang please behave ah...i need more time to look after others...cheers

moneySIFU

5,864 posts

Posted by moneySIFU > 2016-05-13 15:17 | Report Abuse

Why panic? Let's panic after all awarded.

-----------------------------------------------------------
TITLE: AmInvestment retains Overweight on construction sector
http://klse.i3investor.com/blogs/damiantreez/96459.jsp

"It estimated that RM22bil worth of packages have been awarded thus far, out of the total RM32bil value."

“We opine that select viaduct contractors of MRT Line 1 stand a good chance to secure the remaining viaduct packages for MRT Line 2.

moneySIFU

5,864 posts

Posted by moneySIFU > 2016-05-13 15:17 | Report Abuse

Panic to buy or panic to sell?

yeekarwai88

3,967 posts

Posted by yeekarwai88 > 2016-05-13 15:19 | Report Abuse

very curious,why they.never mention gadang?
i saw so many report,and most of the report do not mention gadang.

moneySIFU

5,864 posts

Posted by moneySIFU > 2016-05-13 16:59 | Report Abuse

No panic sale here, nothing to collect, sigh.....

mudwyx

164 posts

Posted by mudwyx > 2016-05-13 17:00 | Report Abuse

with market this bad, no panic selling consider good dy.

Posted by stocktrader3 > 2016-05-13 17:01 | Report Abuse

sui sui la today, gadang, i sayang sayang u...muaks...happy weekend bro and sis...cheers....

Maxireturn

160 posts

Posted by Maxireturn > 2016-05-13 19:44 | Report Abuse

Gadang is poised to move up in slow and steady way. Look at the pattern the buyers collecting the stock, u know that the stock is building the uptrend momentum..there are 10b worth of contract hv yet to announced,,good chance that gadang will be awarded..

michaelwong

3,072 posts

Posted by michaelwong > 2016-05-13 20:19 | Report Abuse

Most of the projects awarded to big time cronies contractors belakang ada kira like l help you and in return you also help me , sama sama cari makan lah . Even how strong in your business line up , but you never kaotim this nuts , you will never get it lah as cash is king described by the Bugis pirate .

Eric Wong

122 posts

Posted by Eric Wong > 2016-05-13 20:36 | Report Abuse

Those who have done their homeworks and hold Gadang will get their good profits :) No worry...

Ricky Kiat

1,356 posts

Posted by Ricky Kiat > 2016-05-13 22:52 | Report Abuse

dumb dumb hold...cheers...

nottycat

109 posts

Posted by nottycat > 2016-05-16 11:41 | Report Abuse

Why all sifus so quiet today? Holiday?

yeekarwai88

3,967 posts

Posted by yeekarwai88 > 2016-05-16 12:03 | Report Abuse

market drop a lot,dont expect will up,so.keep.quiet,haha.

michaelwong

3,072 posts

Posted by michaelwong > 2016-05-16 12:56 | Report Abuse

The main concerned is still the market sentiments .

newbie92

418 posts

Posted by newbie92 > 2016-05-16 13:05 | Report Abuse

My average at RM2.3, should i cut loss or hold?

SJSOON

2,576 posts

Posted by SJSOON > 2016-05-16 13:27 | Report Abuse

No. Hold it tight.

Viie

235 posts

Posted by Viie > 2016-05-16 13:44 | Report Abuse

Hold it tight or you can average down..Depend on yourself..

nottycat

109 posts

Posted by nottycat > 2016-05-16 13:59 | Report Abuse

If u sell now, u have realized loss. If u average down, yr unrealized loss become less. So pls decide wisely :)

kelvin12

321 posts

Posted by kelvin12 > 2016-05-16 15:17 | Report Abuse

Gadang support is invisible. When u thought it will drop someone will buy it. Haha.

Maxireturn

160 posts

Posted by Maxireturn > 2016-05-16 19:21 | Report Abuse

Don't cut loss, be patient..it will go higher than rm2.3 for sure..just a matter of time...

Posted by Sunshine88 > 2016-05-16 20:28 | Report Abuse

i m worried too.tqvm to all the sifus advices

kelvin12

321 posts

Posted by kelvin12 > 2016-05-16 21:50 | Report Abuse

The sellers are getting much lesser. The volume dropped so much today, now need to wait for buyers to pump the price above 2.15 and it will go all the way to break 2.24 resistance and fly to 2.5.

alex88812

294 posts

Posted by alex88812 > 2016-05-16 22:04 | Report Abuse

sigh... everytime wanna reach my average cost of 2.15, then will drop back to 2.10.... but gonna hold til end of year/early next year... hope by that time is more than 3...

kelvin12

321 posts

Posted by kelvin12 > 2016-05-16 22:44 | Report Abuse

alex don be discouraged, market is so bad recently. I believe breaking 2.15 is sooner or later. Hitting target price 2.85 is more realistic :)

popo92

578 posts

Posted by popo92 > 2016-05-16 23:27 | Report Abuse

gadang is surprising undervalue for now. good quarter results did not help much, perhaps waiting for tender announcements now...

Maxireturn

160 posts

Posted by Maxireturn > 2016-05-17 08:33 | Report Abuse

When it rains it pours..just be patient for now

chooken

49 posts

Posted by chooken > 2016-05-18 17:52 | Report Abuse

ascending triangle?

yeekarwai88

3,967 posts

Posted by yeekarwai88 > 2016-05-18 18:57 | Report Abuse

yes

noobnnew

973 posts

Posted by noobnnew > 2016-05-19 11:06 | Report Abuse

dead fish. Seems like wanna break 2

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