Posted by jackson87 > 2014-04-24 18:36 | Report Abuse

Lim Brunei
Last time we asked u to join gadang
Either mother or wa
U simply buy at any price also tak boleh rugi la

Kekekkeekkeke

Posted by cheah6638 > 2014-04-24 18:37 | Report Abuse

Commendable 3rd quarter results. Can't wait for tommorrow opening price.

Posted by Jack Ong > 2014-04-24 18:39 | Report Abuse

wah jackson u still find lim brunei meh .. =.=

Posted by jackson87 > 2014-04-24 18:40 | Report Abuse

Jack

Cos I saw him sangkut with some wa
Byright engtex is a uptrend counter
But Tiba Tiba lim beli
Become downtrend pula

Kekekkekekekkke

Posted by Jack Ong > 2014-04-24 18:48 | Report Abuse

=.= ... i think not all stocks he beli dropped gua .. keke

Posted by jackson87 > 2014-04-24 18:53 | Report Abuse

Jack

Ya not all
But mostly la

Kekkelkekkekeke

Posted by Investhor > 2014-04-24 19:46 | Report Abuse

Quarterly result very2 encouraging..

Compared to same previous quarter is 500% more

Compared to same cumulative period is 100% more

Time to fly tomorrow!

Posted by Caveman > 2014-04-24 20:12 | Report Abuse

Gratz to all the holders patience!!!!!!
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1603289
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1603725

Posted by ChunJui Lee > 2014-04-24 20:15 | Report Abuse

Wow 400k acq by director @ 1.9 tmr sure fly

Posted by Caveman > 2014-04-24 20:16 | Report Abuse

Indeed!!!!! Can't wait to see the opening LoL ;D!

Posted by nicky > 2014-04-24 20:16 | Report Abuse

Director acquired mother dump daughter ...?

Posted by nicky > 2014-04-24 20:16 | Report Abuse

Result oledi out ?

Posted by indexnoobie123 > 2014-04-24 20:18 | Report Abuse

yes out. check bursa link above

Posted by BC475654 > 2014-04-24 20:20 | Report Abuse

Awesome results!!That is the way I like it ha..nah ha.nah.

Posted by akaboss > 2014-04-24 20:21 | Report Abuse

Major shareholder accumulates mother and dumps daughter - prelude to taking Gadang private, I believe.

Huat ah!

Posted by ChunJui Lee > 2014-04-24 20:22 | Report Abuse

Does not matter nick. The way I see it director has more direct interest with mother and will work even harder for u and me and all!

Posted by ChunJui Lee > 2014-04-24 20:22 | Report Abuse

Akboss why being private is good???

Posted by ChunJui Lee > 2014-04-24 20:24 | Report Abuse

Accumulate more on open market and market force will be driven by management and not deterred by those contra individuals.

Posted by Icon8888 > 2014-04-24 20:28 | Report Abuse

if he dares to dump daughter tomorrow when market opens, I will move in to scoop up as much as possible

Posted by lkblkblkb92 > 2014-04-24 20:29 | Report Abuse

nice result

Posted by nicky > 2014-04-24 20:30 | Report Abuse

Thanks... The most caught my eyes is EPS from 1.84 to 9.78 ...

Posted by akaboss > 2014-04-24 20:31 | Report Abuse

With price now at about 1.90 and company future looks so bright, he will need to offer at least 2.50-3.00 to convince us small shareholders to agree, right?

Posted by Caveman > 2014-04-24 20:37 | Report Abuse

Icon......be prepared if you want more of the WA because the open will be 1.9 or better for the mother share. Then WA will follow quickly! ;D

Posted by Shawnie > 2014-04-24 20:40 | Report Abuse

Hehe fasten ur seatbelt all Gadangersss, we will fly fly to the sky. with my AWESOME G6!

Posted by ChunJui Lee > 2014-04-24 20:42 | Report Abuse

i want pinjam ur G6 1 day....

Posted by Horng Chi > 2014-04-24 20:53 | Report Abuse

Hahahaha....tan Sri buy 400k share on rm1.9...siao Liao lahhhh....wakakakakakakak...

Posted by Shawnie > 2014-04-24 20:56 | Report Abuse

1 day enough? Gadang news coming every other days lol. Now bidding for 300m contract wor. later won this 300m contract you need borrow again lo. heheheheehehehehe

Posted by ch > 2014-04-24 21:06 | Report Abuse

no wonder today price keep stuck around 1.87-1.88 lah..this Tan Sri 's gang keep buying.

Posted by ChunJui Lee > 2014-04-24 21:10 | Report Abuse

receivables increased by approximately 53m... omg..

Posted by Horng Chi > 2014-04-24 21:19 | Report Abuse

May be Tis year will announce issue bonus or split share....

Posted by akaboss > 2014-04-24 21:27 | Report Abuse

Huh! Receivables increased by 56 mil ??? Hope debtors' profile is good..

Posted by johnny > 2014-04-24 21:35 | Report Abuse

Steady la gadang!

Posted by Lim My > 2014-04-24 21:44 | Report Abuse

share from : 資匯 The busy weekly
嘉登控股(9261)第3季净利猛增逾四倍。

该公司在截至今年2月28日止的第3季里，营收急涨了68%至1亿4748万令吉；而净利则暴升431%至1922万令吉。

Posted by almufathal > 2014-04-24 22:05 | Report Abuse

Cash reserve 90mill...wow

Posted by johnny cash > 2014-04-24 22:48 | Report Abuse

INVESTMENT MERIT--------------GADANG,,,,KENANGA 24/04/14

· 9M14 results to be announced today, expect better performance QoQ and
YoY. Gadang will be announcing its 9M14 results today. Excluding gains
from land sale in Penang of about RM11m last year, we expect 9M14 net
profit to surge by as high as 200% driven by: (i) outstanding orderbook of
more than RM1.0b and (ii) unbilled property sales of about RM320m. QoQ,
we expect 3Q14 profit to slightly improve by 5-10%.
· Amongst the early beneficiaries of RAPID. We believe that Gadang will likely
be amongst the early beneficiaries of recently-approved high profile oil & gas
project, the USD27b RAPID in Pengerang, Johor. Recall, we have mentioned
in our Construction 2Q14 Strategy Report that RAPID will likely benefit
contractors that already have presence in the project such as Gadang which
now undertaking Phase 1 of the project’s earthworks. We gather the Phase 2
of the earthworks will amount up to RM350m - RM500m. If Gadang wins
Phase 2, we expect the margins will be much better than that of Phase 1 as it
can save on the mobility costs as it has already deployed all its equipments
and machineries in the existing area. Assuming Phase 2 of RAPID
earthworks will be announced this year, with a pre-tax margin of 10%, we
estimate the project will add another RM12.5m per year to Gadang’s bottomline
until FY17.
· Earnings visibility intact with outstanding orderbook of RM1.1b. Current ongoing
projects include: (i) MRT1 V2 package (RM724.7m), Shah Alam
hospital (RM191.1m), and site preparation works for RAPID (Phase 1)
(RM189.1m). All of these jobs are running on schedule and more importantly
provide Gadang with earnings visibility for the next 2-3 years.
· Tenderbook of RM6.0b. Besides RAPID Phase 2 which it is highly likely to
secure in the near-term, it has also tendered for other jobs (mostly
government-related) worth about RM6.0b (please refer overleaf for details).
· Tampoi to drive future earnings growth. On 26-December 2013, Gadang
(landowner) has entered into a JV Agreement with Capital City Property Sdn
Bhd for the proposed integrated property development in Tampoi, Johor. This
project is basically the 2nd phase of “Jentayu Residensi”. The GDV of the
total project is estimated at RM1.8b and will be completed in the next 5
years. The project will feature 10-storey retail podium, 3 tower blocks of
office (SOHO), and two (2) tower blocks of hotel suites. Interestingly, Gadang
as the landowner, has agreed with Capital City that the latter will pay up to
16.7% of total estimated GDV of RM1.8b or RM300.6m. We estimate
Gadang’s total net profit from this project at RM194.5m throughout the 5
years development. On average, the project will contribute about RM39m per
year until FY19 and the management expects the profit to kick in as early as
FY15.
· Forecasts. We introduced our FY15 net profit of RM39.3m with the expected
net profit growth of 30%. The net profit growth is driven by: (i) Gadang’s new
contracts’ assumption of RM350m for FY15 following higher chances of
getting new phase of RAPID’s earthworks, and (ii) unbilled property sales of
RM320m (Vine Residency, Phase 1 of Jentayu Residency, Pokok Sena)
· New TP of RM2.00, positives has been priced in. Gadang’s share price
climbed by 111% since our last OR piece on 30th July 2013. After we roll
forward our valuation parameter to FY15, and benchmarked against 10x fwd
PER, we derived a new Target Price of RM2.00. At 10x fwd-PER, this is in
line with average fwd-PER of its small-cap construction peers. Due to the
limited upside, we believe most of the recent positives has been priced in.
Take Profit.
· Nonetheless, it is still an attractive long-term investment. Despite our Take
Profit recommendation, Gadang’s long-term growth prospect remains intact.
Gadang is one of the MRT1 contractors and it is also one of the Petronas
contractors. Thus far, it has executed both projects well. Due to the excellent
track records, we believe it will win one of the recently-approved MRT2
packages and other Petronas jobs. We also have only assumed 5.5%
success rate of its total tenderbookofoaboutaRM6.35b..If Gadang could
secure more than our expectations we may re-look at our rating and
valuation for the stock.

Posted by johnny cash > 2014-04-24 22:48 | Report Abuse

Rating Fair Value
Last Price RM1.94
Kenanga Take Profit RM2.00
Consensus N.A. N.A.

Posted by johnny cash > 2014-04-24 22:49 | Report Abuse

Comment: Recall that on 10th of April, we highlighted GADANG
and suggest traders to look out for a resistance breakout/ look to
buy on price correction in order to target its long-term upside of
RM2.40. During this 2-week time-frame, the share price had
performed to our expectations, with GADANG finally breaking out
from its resistance level of RM1.48. The technical picture has
show signs that momentum is still bullish, with all key indicators
moving upwards. However, we believe light resistance are likely
to be felt at RM2.00-level to neutralise the overbought situation.
On this basis, we suggest to buy the stock and take profit 3 bids
below our ‘Rounding Bottom’ measurement objective of RM2.40
at RM2.37

Posted by johnny cash > 2014-04-24 22:50 | Report Abuse

About the stock:
Name : Gadang Holdings Bhd
Bursa Code : GADANG
CAT Code : 9261
Key Support & Resistance level
Resistance : RM2.00 (R1) RM2.42 (R2) RM2.61 (R3)
Support : RM1.69 (S1) RM1.48 (S2) RM1.24 (S3)
Outlook : Bullish

Posted by jackson87 > 2014-04-24 22:50 | Report Abuse

Johny

Thanks for posting all the kenaga info in everywhere

Thank you
Kekekekkkeeke

Posted by johnny cash > 2014-04-24 22:51 | Report Abuse

ABOVE TAKEN FROM KENANGA-----ON OUR RADAR,,,,DATED 24/04/14

Posted by jackson87 > 2014-04-24 22:56 | Report Abuse

Appreciated with thanks

Posted by ch > 2014-04-24 23:18 | Report Abuse

if the big share holder privatized Gadang. The cash reserved, 90mill masuk his pocket. hehehe...

Posted by akaboss > 2014-04-24 23:34 | Report Abuse

Kenanga expects Gadang's Q3 net profit to slightly improve by 5-10% QoQ.

Actual result: Q3 net profit increase by 430% QoQ.
Kenanga completely lost the plot!!!

Posted by Icon8888 > 2014-04-24 23:37 | Report Abuse

i agree.

Posted by Sam Eng > 2014-04-24 23:59 | Report Abuse

tomorrow everyone here sure wake up earlier than usual haha...

Posted by ChunJui Lee > 2014-04-25 00:05 | Report Abuse

Akboss correct la not wrong because they accounted for unbilled sales. But still missed actual qoq 430%

Haha so the difference go where? 230* tp 2 = 5.2????? * being naive

Posted by ChunJui Lee > 2014-04-25 00:06 | Report Abuse

Oops 4.6 ... Bad multiplication

Posted by ExtraMoney > 2014-04-25 00:14 | Report Abuse

yeap.. tomorrow wake up early to enjoy the buy queue.

Posted by akaboss > 2014-04-25 00:17 | Report Abuse

Fully support new TP = 4.6.
Huat ah!

Posted by tonylim > 2014-04-25 01:57 | Report Abuse

Full year EPS 30c?