Posted by keke > 2017-04-19 11:40 | Report Abuse

127 also got, no eye see..

Posted by Patrick13 > 2017-04-19 12:05 | Report Abuse

Received replies from Gadang as below:
1. safeguard duties for import of bars and wire rods, any cost impact?
reply - for MRT projects, PDP will absorb cost for steel and for Rapid project, cost impact but manageable

2. do you tender for ECRL, Sabah Borneo and West Coast highway?
ECRL - will review the viability of project. Currently, they have no called for any tender yet
Sabah Borneo - not at the moment
West Coast - tendered but no news.

Posted by pineapple > 2017-04-19 14:18 | Report Abuse

Patrick... tq

Posted by sogeking > 2017-04-19 14:25 | Report Abuse

Thanks for the input @Patrick13

Posted by tokohM > 2017-04-19 15:46 | Report Abuse

that mean coming QR is good or not?

Posted by bluemoon22 > 2017-04-19 18:57 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5400937

Posted by Whey Whey > 2017-04-19 18:57 | Report Abuse

Gadang Qtr 3 result is out!!

Posted by Wei Chyi > 2017-04-19 19:00 | Report Abuse

up 2.7% bt revenue drop... ermmm

Posted by kevin008 > 2017-04-19 19:15 | Report Abuse

good margin leh..pbt margin over 30% for construction and property dev

Posted by bliss08 > 2017-04-19 19:36 | Report Abuse

BUSINESS PROSPECTS
As the current financial year remains challenging with higher operating cost affecting the Group, the Board
is reviewing the operational efficiency of each business unit to assess and determine its long-term relevance
within the Group’s operations. Accordingly, the Board may consider divesting the non-core business
activities to realign the Group’s competitive position as an integrated engineering group moving forward.
However, the Board is encouraged that based on the present level of activities, the Group’s performance for
this financial year will be another strong year arising from the following developments:-
(i) Construction Division
With the recent award of the contract for Package V206 of the Project Mass Rapid Transit Laluan 2:
Sungai Buloh – Serdang – Putrajaya (SSP) for a contract sum of RM952.09 million, the outstanding
order book grew significantly to some RM1.6 billion.
(ii) Property Division
Aggressive market traction to implement more affordable home sales will assist to strengthen the
Property Division’s activities. The current unbilled sales registered some RM164.7 million in value.
(iii) Utility Division
Upon completion of fresh negotiation with the local authorities, possible higher tariff rates will have
positive impact to the Utility Division. The mini hydro project of 9MW is still under construction
phase and is not expected to generate revenue until FYE 2018.
(iv) Plantation Division
More maturing acreage will contribute to better yield and reduce the Plantation Division present loss
position during this financial year.

Bright future, cost effective.

Posted by Pusher_Punisher > 2017-04-19 19:40 | Report Abuse

stop sugar coating.. its a bad quater.. revenue drop. PAT drop. eps drop.. the only positive is getting the mrt contract.. i dont mean to say gadang is bad.. but the latest quater is bad..

Posted by 张天师买股票 > 2017-04-19 19:42 | Report Abuse

那GKent不是惨了？

Received replies from Gadang as below:
1. safeguard duties for import of bars and wire rods, any cost impact?
reply - for MRT projects, PDP will absorb cost for steel and for Rapid project, cost impact but manageable

Posted by Jason5183 > 2017-04-19 19:52 | Report Abuse

At least gadang have earned double digit profit. I satisfied with the result.

Posted by keke > 2017-04-19 19:53 | Report Abuse

jilakak, i this morning only send email to gadang asking when result will be out, din expect this round they so fast out...

Posted by meisarel > 2017-04-19 20:02 | Report Abuse

Profit almost the same as per previous corresponding quarter. EPS drop due to higher number of shares after corporate exercise end of last year.

If can maintain current performance, annualised EPS is 24 sen (minimum). PE 8 = 1.92, If PE 10 = 2.40

Profit margin increased despite lower revenue. Not too bad after all. Just my 2 cents.

Posted by keke > 2017-04-19 20:07 | Report Abuse

looking at the result, i would say that the management promise to us about maintaining last year performance or better is on track.

the high profit margin commanded by gadang at current business environment will drive us through FY17. Look at Q4 2016 PBT, not hard to achieve it, provided no bad surprises la.

eh, what is investment holding business division ah? jilaka, that one loss 4 mil leh...if not the number will be even better.

Posted by Bigbull99 > 2017-04-19 20:17 | Report Abuse

see what I told you @wheywhey? still dare to say super strong quarter? it's a tricky one I said.

Posted by Bigbull99 > 2017-04-19 20:27 | Report Abuse

Don't sell off just yet! Hold people! I'm holding too.

Posted by suregain > 2017-04-19 20:30 | Report Abuse

Sell sell sell.. Even company meet expectation down.. Ini miss expectation, lagi down

Posted by kevin008 > 2017-04-19 20:34 | Report Abuse

Revenue drop because previously is under mrt1 work loh..the margin much more lower compare to rapid loh
Pefer good profit or revenue? Dun simply said bad result...
Plantation soon will become profit plus mini hydro 2019 coming

Posted by warren22 > 2017-04-19 20:38 | Report Abuse

acceptable result, plantation will start fruity

Posted by kevin008 > 2017-04-19 20:41 | Report Abuse

There is one off payment equity settled share based payment 1.91m
No idea wat is this

Posted by ilovehits > 2017-04-19 20:42 | Report Abuse

If I'm not mistaken, there are only 2 railway concept stocks still below 10 PE ratio, Gadang and TRC. The different between both of them are Gadang hard to secure more projects but TRC can since this company is only few bumi contractors who has qualified.

Posted by tksw > 2017-04-19 20:44 | Report Abuse

bad, good, normal, good/better. got to wait for next Qtr results. Construction contribution more or less, but property can contribute higher due to near completion of Capital 21. Gadang to recognised Capital 21 profit in comming Qtrs.

Posted by huntsmen > 2017-04-19 20:46 | Report Abuse

company guidance.

However, the Board is encouraged that based on the present level of activities, the Group’s performance for
this financial year will be another strong year arising from the following developments:-
(i) Construction Division
With the recent award of the contract for Package V206 of the Project Mass Rapid Transit Laluan 2:
Sungai Buloh – Serdang – Putrajaya (SSP) for a contract sum of RM952.09 million, the outstanding
order book grew significantly to some RM1.6 billion.
(ii) Property Division
Aggressive market traction to implement more affordable home sales will assist to strengthen the
Property Division’s activities. The current unbilled sales registered some RM164.7 million in value.
(iii) Utility Division
Upon completion of fresh negotiation with the local authorities, possible higher tariff rates will have
positive impact to the Utility Division. The mini hydro project of 9MW is still under construction
phase and is not expected to generate revenue until FYE 2018.
(iv) Plantation Division
More maturing acreage will contribute to better yield and reduce the Plantation Division present loss
position during this financial year.

Posted by zexon > 2017-04-19 20:46 | Report Abuse

Tksw, usually completion milestone claim does not carry big weight. Don't expect big jump in revenue on coming quarter.

Posted by tksw > 2017-04-19 20:50 | Report Abuse

Keke sifu, company do budget one la, they know the results already if they control the budget well. So far if their project execution can achieve the target, should be no problem to deliver the results per what they said in AGM. they dare to say better is because if they can do it faster, more profit due to cost saving and more percentage profit can be recognised; and good project execution is Gadang strong point, thus the good profit margin despite drop of revenue. As the project is marching to the end, comming qtr better profit can be expected, but subject to technical issue of profit recognition.

Posted by tksw > 2017-04-19 20:53 | Report Abuse

According to this speakerhttps://www.youtube.com/watch?v=R-z0dMJRumQ

Posted by kevin008 > 2017-04-19 20:55 | Report Abuse

Dun keep mentioned revenue low la..more important is profit loh..since construction order book still got 1.6b..mrt2 952m..balance mainly from rapid which is high margin contract leh

Posted by tksw > 2017-04-19 20:57 | Report Abuse

If not mistaken, he said according to (bank negara?） report， insufficient affordable house. so Gadang is in the right tract on developing affordable home.

He also said that it is expected that Government will ease the lending/borrowing requirement, property is going to go up again in these 2 years, Thus Gadang properties performance will be ok if he is right

Posted by tksw > 2017-04-19 20:59 | Report Abuse

The above speaker also mentioned that CPO will maintain above 3000, and go as high as 4000. bullish. So one can expect Gadang plantation arm will have positive contribution as well

Posted by tksw > 2017-04-19 21:03 | Report Abuse

Needless to say, Gadan's power plant is expected to contribute more in future, due to negotiation of better rates. U see this KYY die push JAKS say because of power plant. Dun forget Gadang has gone thru the initial stage of builing a large scale Solar Power Plant hor...

Posted by suregain > 2017-04-19 21:05 | Report Abuse

Palm oil px at eight month low!!! Du dream la

Posted by tksw > 2017-04-19 21:07 | Report Abuse

So there may be ding dong on share price later, depends on how the big boys want to play with it. Dont forget while waiting for the next Qtr results, there may be Hospital projects and LRT3 projects for the share price to run up. Gadang is still ok without these 2 projects ma. no? and the possibilities of getting hospital project is high ma, no? then what for asking the big Doctor to sit in the board?

Posted by filidon > 2017-04-19 21:08 | Report Abuse

yalor hospital job mana ? already got it ?

Posted by tksw > 2017-04-19 21:10 | Report Abuse

and hor... remember the principal officer that bot Gadang shares before bonus + spilt ? up to today they still havent take profit wor... they sor-kah? those bot ESOS share, oso no sales announcement yet wor, so much profit oso dun want sell... wait for market crash arr?

Posted by tksw > 2017-04-19 21:12 | Report Abuse

suregain sifu, you go tell the speaker la. ppl is sifu of sifu.at least one level above you

Posted by tksw > 2017-04-19 21:13 | Report Abuse

you think he is KYY meh....He got license one

Posted by keke > 2017-04-19 21:15 | Report Abuse

wei, tksw sifu, please dun tok too much fact la, i haven't buy back all my sold unit leh...

Posted by tksw > 2017-04-19 21:15 | Report Abuse

Btw, today I bombed a lot of Gadang, hopefully can buy back later before the price make a move up

Posted by tksw > 2017-04-19 21:18 | Report Abuse

Those bot Gadang son... slow slow tremble lor, next qtr if declare 4-5sen dividend, adjust 4-5 sen = +-8% share price lor... now even got ppl say want to lali lintang pukang on the results...

Posted by optimus9199 > 2017-04-19 21:20 | Report Abuse

tomorrow will gap down as revenue dropped.

Posted by filidon > 2017-04-19 21:21 | Report Abuse

i cal 25m profit / 654m share, EPS is 3.9756 sen, how come report 6.6 sen? my calculation is wrong ? thanks for advise

Posted by tksw > 2017-04-19 21:22 | Report Abuse

zexon sifu, profit recognition on Capital 21 project looks like a different animal. Gadang only entitle to the big portion after the project completed. U can go search Icon sifu articles on this. give 20% discount to the profit estimate oso fatt than pig head

Posted by tksw > 2017-04-19 21:22 | Report Abuse

Now wait for SOS finance sifu tell story later

Posted by tksw > 2017-04-19 21:26 | Report Abuse

sorry filidon sifu, go check Qtr report for no of share used. Weigthed average no of shares may be.

Posted by tksw > 2017-04-19 21:28 | Report Abuse

keke sifu, no proble la, I give rubbish comment only, no effect one. most important is whether the big boys wanna throw down or not, throw down than you can buy back at low low price la

Posted by tksw > 2017-04-19 21:30 | Report Abuse

result maintain oso wanna said results drop... Just prepare the money if there are big boys wanna play it down...

Posted by kevin008 > 2017-04-19 21:31 | Report Abuse

ppl comment again..revenue drop...lazy to think ar

Posted by tksw > 2017-04-19 21:33 | Report Abuse

Come back to the above speaker, he didnt give stock tipsy, but he said, BUY ANY SHARES la... jilakak, any shares, So shares like Gadang, which maintain its high profit in a difficult time, and has good prospect, in construction business which he said bullish, oil palm plantation which he said CPO buliish, property he said ok and can stlll go... no rise than really bad lor