Gadang remains a BUY after it recorded a sharp earnings recovery in 2QFY17. This is further supported by its strong near-term earnings visibility, as well as its potential to win more projects in the near future. The stock is currently trading at less than 7x forward P/E vs its peers’ low teens P/E. Hence, this is another strong reason to accumulate the stock. Our SOP-based TP is unchanged, at MYR1.40 (35% upside).
Expecting to see Gadang touch 1.15 soon.... Im holding Gadang since before the Ex-Date of Bonus Split.... it seems came back to the same price when i masuk already... :P
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....
Whey Whey
1,839 posts
Posted by Whey Whey > 2017-02-01 10:19 | Report Abuse
Today no trading... boring.... hopefully Gadang can still keep up the uptrend momentum tmr ^^