GADANG HOLDINGS BHD

KLSE (MYR): GADANG (9261)

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Last Price

0.345

Today's Change

+0.005 (1.47%)

Day's Change

0.34 - 0.345

Trading Volume

43,300


38 people like this.

37,592 comment(s). Last comment by geary 2 days ago

tksw

12,778 posts

Posted by tksw > 2017-03-13 09:10 | Report Abuse

ppl sell on news

keke

784 posts

Posted by keke > 2017-03-13 09:10 | Report Abuse

sei for lor....apa macam ni....

keke

784 posts

Posted by keke > 2017-03-13 09:11 | Report Abuse

insiders punya pasal....

Patrick13

1,971 posts

Posted by Patrick13 > 2017-03-13 09:12 | Report Abuse

Retailer funds all go to Evokest and Iwcity liao.. Gadang no show today :(

tksw

12,778 posts

Posted by tksw > 2017-03-13 09:13 | Report Abuse

aiyo, wanna Q 2000 units sell at 129 mistakenly key in 128. loss die me

gogogogo

964 posts

Posted by gogogogo > 2017-03-13 09:16 | Report Abuse

give u chance to kolek ma not good meh

tksw

12,778 posts

Posted by tksw > 2017-03-13 09:16 | Report Abuse

kakaka 127 oso got

keke

784 posts

Posted by keke > 2017-03-13 09:17 | Report Abuse

panic liao panic liao....sell or no sell leh?

tksw

12,778 posts

Posted by tksw > 2017-03-13 09:20 | Report Abuse

penggoreng not even border to pull up a bit more to lali, straight throw, run no life like that...

tksw

12,778 posts

Posted by tksw > 2017-03-13 09:21 | Report Abuse

scary...

jessieps

75 posts

Posted by jessieps > 2017-03-13 09:22 | Report Abuse

aiyo, why u all so kiasu? just buy and it will go up and up!

keke

784 posts

Posted by keke > 2017-03-13 09:22 | Report Abuse

worse than what i expected, i tot gap up to 135 and then pull back kaw kaw.

Posted by Waiyip Chin > 2017-03-13 09:24 | Report Abuse

Iwcity really crazzzzzzzzy

tksw

12,778 posts

Posted by tksw > 2017-03-13 09:24 | Report Abuse

jessieps sifu, you hero, you buy la

jessieps

75 posts

Posted by jessieps > 2017-03-13 09:26 | Report Abuse

I bought, u will see it,haha

tksw

12,778 posts

Posted by tksw > 2017-03-13 09:29 | Report Abuse

127 liao...

tksw

12,778 posts

Posted by tksw > 2017-03-13 09:30 | Report Abuse

too many ppl sadi buy... sie for

excelyou

1,255 posts

Posted by excelyou > 2017-03-13 09:38 | Report Abuse

13 March 2017
RHB Research

Gadang Holdings

Reiterate BUY.

After a long wait, Gadang finally won an MRT2 viaduct project worth MYR952.1m. This high profile project should boost market sentiment for the stock, lift its outstanding construction orderbook to c.MYR1.4bn and keep the company busy for the next three to four years. Accordingly, we revise our FY18F-19F earnings but keep our FY17 forecast unchanged. Our SOP-based TP is raised to MYR1.55 (from MYR1.40, 23% upside). Maintain BUY.

We believe this MRT2 project contract award, coming after a long wait, is likely to lift market sentiment on the stock. Hence, we raise our target P/E for Gadang’s construction division to 12x (the higher end of P/E trading band for small-cap construction sector, from 10x) and roll over our valuation base year to FY18 (from 2017). With that, our SOP-based TP is accordingly lifted to MYR1.55 (from MYR1.40), implying 8.5x-10.3x FY17F-19F P/E. This remains undemanding (vs other small-cap construction stocks) especially because we still expect positive news flow for the sector and the company to continue

keke

784 posts

Posted by keke > 2017-03-13 09:38 | Report Abuse

last friday order book only 500 mil, 126 buy ah.....today order book 1.5 bil, 128 dun dare to buy...kakaka.......

tksw

12,778 posts

Posted by tksw > 2017-03-13 09:48 | Report Abuse

eceyou sifu, jilakak itu RHB selling Gadang this few days and today still selling

mkme75

101 posts

Posted by mkme75 > 2017-03-13 09:53 | Report Abuse

KUALA LUMPUR (March 10): Mass Rapid Transit Corp Sdn Bhd (MRT Corp) has awarded work packages worth a total of RM2.74 billion to four companies for the MRT2 construction.

The companies are Trans Resources Corporation Sdn Bhd, Gadang Engineering (M) Sdn Bhd, Acre Works Sdn Bhd, Sunway Construction Sdn Bhd, MRT Corp said in a statement.

Gadang Engineering, a unit of Main Market-listed Gadang Holdings Bhd, bagged the highest value contract package worth RM952.09 million. This is for the construction of a viaduct guideway and other associated works from Serdang Raya to Universiti Putra Malaysia.

Trans Resources, meanwhile, has been given the responsibility of constructing a viaduct guideway and other associated works from Kampung Muhibbah to Serdang Raya worth RM858.18 million. Trans Resources is a unit of TRC Synergy Bhd, which is controlled by its founder Tan Sri Sufri Mohd Zin.

Acre Works received the third work package worth RM715.99 million, in which it is expected to complete a viaduct guideway and other associated works from Persiaran Alpinia to Persiaran APEC.

Acre Works’ executive chairman Datuk Idrose Mohamed was formerly the chief executive officer at the then Syarikat Prasarana Negara Bhd (now Prasarana Malaysia Bhd) and also Pos Malaysia Bhd.

As for Sunway Construction — part of Sunway Construction Group Bhd — it was awarded a RM212.3 million job to build elevated stations and other associated works at Damansara Damai, Sri Damansara West and Sri Damansara East.

This is in addition to Sunway Construction’s current job of building the elevated guideway from Sungai Buloh to Persiaran Dagang, Sri Damansara for the MRT2 line, and also building the elevated viaduct for from Section 17, Petaling Jaya to the Semantan Portal for the MRT1 line.

“I wish to welcome them back to the MRT project. Their experience working on the (MRT1) Line will be invaluable, as they have would have many lessons learnt. I believe this will enable them to give their best and perform well for the (MRT2) project,” MRT Corp chief executive officer Datuk Seri Shahril Mokhtar said in the statement.

Shahril added all four winning tenderers were selected on the basis of the best evaluated tender, where the tenders were evaluated on their technical, commercial, legal, financial and Industrial Collaboration Programme (ICP) evaluation.

MRT2, also known as the of the Sungai Buloh-Serdang-Putrajaya (SSP) Line, is 52.5km long and is expected to be fully operational by the second quarter of 2022, with average daily ridership of 529,000 passengers.

TRC Synergy’s share price closed 0.5 sen or 1.06% higher at 47.5 sen today, giving it a market capitalisation of RM228.24 million.

Gadang ended its trade 4 sen or 3.28% higher at RM1.26 today, for a market capitalisation of RM818.26 million.

Sunway Construction meanwhile closed 4 sen or 2.34% higher at RM1.75, valuing the group at RM2.26 billion.

tksw

12,778 posts

Posted by tksw > 2017-03-13 09:53 | Report Abuse

126 liao, lurky just now mistakenly sold 2000 units at 128.

tksw

12,778 posts

Posted by tksw > 2017-03-13 09:54 | Report Abuse

jessieps sifu, this time you cham liao

mkme75

101 posts

Posted by mkme75 > 2017-03-13 09:54 | Report Abuse

TRC and Gadang to look out for

tksw

12,778 posts

Posted by tksw > 2017-03-13 09:55 | Report Abuse

those warrant chaser, leg soft liao...

Posted by smallkaki > 2017-03-13 09:55 | Report Abuse

the high volume of seller is from RHB?

tksw

12,778 posts

Posted by tksw > 2017-03-13 10:01 | Report Abuse

thomb stone, ask you scare or not?

Whey Whey

1,839 posts

Posted by Whey Whey > 2017-03-13 10:03 | Report Abuse

Mayb is kyy selling haha

tksw

12,778 posts

Posted by tksw > 2017-03-13 10:08 | Report Abuse

Rubbish comment sifu, did you buy gadang son today?

tksw

12,778 posts

Posted by tksw > 2017-03-13 10:12 | Report Abuse

Up..up...up... no, of sellers, kakaka

Awet91

1,934 posts

Posted by Awet91 > 2017-03-13 10:13 | Report Abuse

Ehy suddenly drop after open at high huhu

tksw

12,778 posts

Posted by tksw > 2017-03-13 10:13 | Report Abuse

Whey Whey sifu, KYY said get big project not necessary good...

tksw

12,778 posts

Posted by tksw > 2017-03-13 10:14 | Report Abuse

jilakak, dunno when he will write " good profit not necessary good" cos next Qtr harder to achieve higher profit...

tksw

12,778 posts

Posted by tksw > 2017-03-13 10:15 | Report Abuse

then write " company cash rich oso not necessary good" cos cash easily misaapropriate

keke

784 posts

Posted by keke > 2017-03-13 10:16 | Report Abuse

hahaha.....his "get big project not necessary good" article can be used before get project and after get project...both scenario also sound like got point....ask u die or not....

tksw

12,778 posts

Posted by tksw > 2017-03-13 10:16 | Report Abuse

then write "company give good dividend oso not necessary good" cos this means the management dunno how to use money to make more money, and so dumb dun even know how to misaapropriate the company money

tksw

12,778 posts

Posted by tksw > 2017-03-13 10:19 | Report Abuse

then write "company expand its business oso not necessary good" cos may not necessary can get the business, you think competitors dumb ah?

tksw

12,778 posts

Posted by tksw > 2017-03-13 10:22 | Report Abuse

keke sifu, that's what I wanna said, what he say can be true, but use it for his advantage

tksw

12,778 posts

Posted by tksw > 2017-03-13 10:22 | Report Abuse

125 is comming, I wanna scare liao

tksw

12,778 posts

Posted by tksw > 2017-03-13 10:23 | Report Abuse

126 scare a bit first

tksw

12,778 posts

Posted by tksw > 2017-03-13 10:24 | Report Abuse

hohoho, 125 liao, die liao,

tksw

12,778 posts

Posted by tksw > 2017-03-13 10:26 | Report Abuse

no eye see...

jessieps

75 posts

Posted by jessieps > 2017-03-13 10:42 | Report Abuse

@tksw, dont worry for me,I will pick up, not contra:)

tksw

12,778 posts

Posted by tksw > 2017-03-13 10:46 | Report Abuse

jessieps sifu, sure can go up one meh? U dun scare KYY ah? you no good boy, never listen to KYY teaching, later he call you stupid losser then you know

gogogogo

964 posts

Posted by gogogogo > 2017-03-13 10:52 | Report Abuse

don need to be too excited keke

Posted by stockistlearner > 2017-03-13 10:56 | Report Abuse

hope no one up car this morning. can q for lower to get in again!

SeiZai

45 posts

Posted by SeiZai > 2017-03-13 11:05 | Report Abuse

Mrt project news already reflected on last Friday share price. Let gadang rest a while, shoot again later...

Jackloh

3 posts

Posted by Jackloh > 2017-03-13 11:33 | Report Abuse

target price to let go?...lol

SeiZai

45 posts

Posted by SeiZai > 2017-03-13 11:36 | Report Abuse

letgo? the business pipeline of company is good wor~

jessieps

75 posts

Posted by jessieps > 2017-03-13 11:37 | Report Abuse

@tksw, Im a lady la, and i really new here, who is KYY? a sifu ar?

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