OPEN 1.08 DAY RANGE 1.06 - 1.10 VOLUME 10,400,600 PREVIOUS CLOSE 1.03 52WK RANGE 0.75 - 1.35 1 YR RETURN 25.38% YTD RETURN 1.90% CURRENT P/E RATIO (TTM) 4.66 EARNINGS PER SHARE (MYR) (TTM) 0.23 MARKET CAP (M MYR) 692.469 SHARES OUTSTANDING (M) 647.167 PRICE/SALES (TTM) 0.73
Saudi Aramco shelves plans for Malaysia venture with Petronas: sources Publish date: Wed, 25 Jan 2017, 10:44 PM KUWAIT: Saudi Aramco has shelved plans for a multi-billion-dollar refining and petrochemical joint venture with Petronas in Malaysia, industry sources familiar with the matter told Reuters on today.
The Refinery and Petrochemical Integrated Development (RAPID) at Pengerang in Johor was to have had a 300,000-barrel-per-day refinery and petrochemical complex with a chemical output capacity of 7.7 million metric tonnes.
Other facilities at the site, which was to have started operations in the first quarter of 2019, were to have included a liquefied natural gas (LNG) regasification terminal.
The sources did not say why Aramco's participation on the project had been put on hold. Aramco and Petronas officials could not be reached for immediate comment.
Petronas last year sought proposals for a US$7.2 billion loan for the project, with separate guarantees from the company and Aramco, Thomson Reuters IFR reported in June.
Energy companies have seen their finances squeezed by a two-year slump in global oil prices, prompting many to cut costs.
In early 2016, Petronas said it would cut spending by up to RM50bil over the next four years. -- Reuters
year 2017 definitely will be construction stock year , for those company showing good profit & huge order book will bull run. Jak is one the company start bull run.
i am confident gadang will secure more project within this few month . so dumb dumb hold is a best strategy to win big.
if you want to make big money , very often and almost has become a rule must dumb dumb hold but occasionally still can deng deng dong dong for fun while waiting for big harvest
So far tech stocks have been outperforming the market, but commodities and construction companies stocks have just started consolidating. As Malaysian economy is heavily dependent on commodities and construction business, commodities and construction companies stocks need to perform well when overall Malaysian stocks consolidate.
There is a sign where overall Malaysian stocks (KLSE) started consolidating. That's why commodities and construction companies stocks have just started consolidating. Commodities and construction companies stocks are behind tech stocks, but they will surely consolidate when overall Malaysian stocks consolidate.
gooman sify analysts upbeat no use, they dun buy, they tok oni, show me 110 and above than may be i can believe the penggoreng is able to fly gadang...
Hehe good closing 1.08 一定发 XD ,next week can fly after all back from CNY...Hopefully that time Gadang also announce they get the mrt/lrt or hospital project than hoksek liao haha!
If Gadang can get any of the mrt2, lrt3 or Hospital project.... It sure will shoot up... if u got insider info or u believe Gadang will sure get at least one project... u sure can buy in now... with Gadang release a very good Q2 result, i dont see Gadang will big fall anytime soon unless got some very bad news come out.. so the down side is low but the upside is very high ^^ However u must do ur own research b4 u choose to buy, sell or hold. Cheers n Happy CNY^^
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....
samsambank
588 posts
Posted by samsambank > 2017-01-26 20:03 | Report Abuse
Gadang Holdings’ profit up 57%
http://www.thestar.com.my/business/business-news/2017/01/26/gadang-holdings-profit-rallies-57/