if share price 3.00 x 258.6 m = 775 million market cap, still very low compare others construction company like mitra with around 100 million profit. hope market can re rate gadang pe around 9 -10 .
sifu Ricky Kiat, I think Capital 21 not contributing in a big way yet. Latest Q property PBT is RM18 mil only. Capital 21 is supposed to contribute total net profit of RM200 mil plus (or PBT of RM267 mil)
thanks sifu icon888, that mean big profit is on the way. maybe start in FY 2017. if gadang can secure 2B-2.5B new project , do u thinks gadang can go to 3.50 (market cap 905 million) ?
Gadang makes me happy year to year. Read Cold Eye's books n follow his strategies, buy good company shares n hold it as long as the company still growing.
Those who want to be a trader, wish you good luck. Sell buy sell buy sell sell buy. That is not ny style, and it is never my style. My only goal is to win big. Trader always think they can time the market. The fact is they are not smart, are they?
last year because less investment bank tracking gadang, mostly retail investor push up the price. Now many IB like RHB, TA,JF,kenanga are recommend to their customer. the story is change already.
i don't care what open/end price today, i really concern how many project can secure by gadang end of this year. 2017 will be fantastic year for gadang. Gadang will chase up Mitra in term of market capital.
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....
Ricky Kiat
1,356 posts
Posted by Ricky Kiat > 2016-07-21 19:15 | Report Abuse
if share price 3.00 x 258.6 m = 775 million market cap, still very low compare others construction company like mitra with around 100 million profit. hope market can re rate gadang pe around 9 -10 .