GADANG HOLDINGS BHD

KLSE (MYR): GADANG (9261)

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Last Price

0.34

Today's Change

0.00 (0.00%)

Day's Change

0.335 - 0.345

Trading Volume

1,619,700


38 people like this.

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

Skok

3 posts

Posted by Skok > 2017-04-20 07:57 | Report Abuse

Goh Kim hock today you are paying 1.27 to buy a share that earns 6.2c per Q because of the share split and bonus issue. Is it better off than paying >rm3 per share but it earns 10c per share

tksw

12,778 posts

Posted by tksw > 2017-04-20 07:59 | Report Abuse

construction - bullish
property -bullish
palm oil -bullish
Power plant - cash cow
Gadang really veli bad, kenot go up

Patrick13

1,971 posts

Posted by Patrick13 > 2017-04-20 08:01 | Report Abuse

In Part B13, do note that there is one expense "Equity-settled share based payment" of RM1.91 million, actually this is ESOS expense. So even including this cost, Gadang still able to earn PAT of RM25.78 million, consider is good or bad?

kevin008

1,360 posts

Posted by kevin008 > 2017-04-20 08:02 | Report Abuse

Sifu become lauya sifu

Meowyx

342 posts

Posted by Meowyx > 2017-04-20 08:10 | Report Abuse

tksw really? dun buy it then

Patrick13

1,971 posts

Posted by Patrick13 > 2017-04-20 08:14 | Report Abuse

Business prospect, unbilled sales reduced from last quarter of RM187.2 million to current quarter of RM164.7 million. I guess due to near of ending phrase, that's why this quarter Property PBT is high (conservative approach under accounting rules). But they also saying aggressive market traction to implement more affordable home sales, means more to come in the years. Meanwhile for utility division, possible higher tariff rates will have positive impact to the Group, which means the top line has more rooms to improve.

Patrick13

1,971 posts

Posted by Patrick13 > 2017-04-20 08:17 | Report Abuse

Tksw sifu, KYY rule is not applicable to me la. You play so long here never die, how dare I die first?

tksw

12,778 posts

Posted by tksw > 2017-04-20 08:37 | Report Abuse

that day which sifu said I kenot buy back at 125 arr? hehehe, see the price now...

tksw

12,778 posts

Posted by tksw > 2017-04-20 08:38 | Report Abuse

now I have a headache, dunno want to wait lower or not? see penggoreng press the price to make people lali-lintang pukang or not

Meowyx

342 posts

Posted by Meowyx > 2017-04-20 08:40 | Report Abuse

i run 100m naked if u can buy back at 125

tksw

12,778 posts

Posted by tksw > 2017-04-20 08:46 | Report Abuse

Oh! Meowyx sifu, its you arr? I think may be you are right, cos I wait for lower now. U see so many ppl disspointed and so many ppl say sell sell sell, sure got ppl sell one

tksw

12,778 posts

Posted by tksw > 2017-04-20 08:46 | Report Abuse

yesterday I sold at 127 a lot

tksw

12,778 posts

Posted by tksw > 2017-04-20 08:47 | Report Abuse

money use to buy other shares liao. Gadang veli lembik, can wait

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-04-20 08:53 | Report Abuse

gadang already up so much since dec, the warrants up 300% yet can buy? later if got correction down to 40cts,even those who bought in dec still make a lot and those who buy now will suffer

tksw

12,778 posts

Posted by tksw > 2017-04-20 08:58 | Report Abuse

Appolo Ang sifu, exactly, but hor, last 2 weeks got ppl show me the Cold Eye portfolio, got a lot of Gadang son, but no Gadang

tksw

12,778 posts

Posted by tksw > 2017-04-20 08:59 | Report Abuse

dunno why?

HuatRex

2,617 posts

Posted by HuatRex > 2017-04-20 08:59 | Report Abuse

Correction to 40c? U think too much.

yesyesyes

728 posts

Posted by yesyesyes > 2017-04-20 09:01 | Report Abuse

thanks all .. i am out .

tksw

12,778 posts

Posted by tksw > 2017-04-20 09:01 | Report Abuse

125, meowyx sifu, dun be caught by police ya

tksw

12,778 posts

Posted by tksw > 2017-04-20 09:02 | Report Abuse

123

tksw

12,778 posts

Posted by tksw > 2017-04-20 09:04 | Report Abuse

ok, I bot 400 units at 124 liao, now meaowyx sifu, how?

KUCIMIAO

141 posts

Posted by KUCIMIAO > 2017-04-20 09:05 | Report Abuse

:( coming down with volume....

Meowyx

342 posts

Posted by Meowyx > 2017-04-20 09:09 | Report Abuse

gg. i running now ROFL

xiaoxiami

331 posts

Posted by xiaoxiami > 2017-04-20 09:15 | Report Abuse

that bluefun is a joke la
cold eye and KYY already run from mother share what for u guys still holding

keke

784 posts

Posted by keke > 2017-04-20 09:16 | Report Abuse

xiaoxiami, i think you are the real joke, u have no idea how much ppl earn from dumb dumb hold gadang.

xiaoxiami

331 posts

Posted by xiaoxiami > 2017-04-20 09:20 | Report Abuse

a construction and property company never focus on their main business but venture into plantation
isn't this call suicide ?
its just like nestle suddenly announce they will built and sell house , or panasonic announce will start selling milk product
not make sense right

drop in revenue so much , dont run now wanna die together with company meh
without revenue back up , high profit margin got use meh ????

and this gadang so slow in getting their order book replenish
they know they have this problem too thats why director and management also worry and wanna go into plantation field ( just show me how not confidence they are )

if wanna play fundamental , 1st rule -> never buy into regressing company

没成长,不要买

xiaoxiami

331 posts

Posted by xiaoxiami > 2017-04-20 09:21 | Report Abuse

of course u buy from low price u earn lo
buy now u can earn ?
u dare to enter now ??
dont talk c*ck and continue promote this stock la

tksw

12,778 posts

Posted by tksw > 2017-04-20 09:22 | Report Abuse

waa... xiaoxiami sifu, you really pandai, clap,clap, clap...

xiaoxiami

331 posts

Posted by xiaoxiami > 2017-04-20 09:23 | Report Abuse

i am just giving my opinion and obviously gadang will continue to drop in next 2-3 quarter
MRTproject just awarded and the profit wont come in until next 2-3 quarter

so expect the price to drop further and further

tksw

12,778 posts

Posted by tksw > 2017-04-20 09:24 | Report Abuse

oiyo, Gadang son dun drop wor...

keke

784 posts

Posted by keke > 2017-04-20 09:25 | Report Abuse

regressing company? net profit ttm stand at 100m now, regressing? u must be a joke. IJM, gamuda not diversified to other recurring income business source meh? but for gadang their diversification is still small and insignificant at the moment, but they still need to start somewhere right?

Posted by stockistlearner > 2017-04-20 09:29 | Report Abuse

no good mah sell lo. if u see got potential mah buy on dips lo. no need to convince others to sell or to buy. just share the facts and ppl can digest from there. lol

Meowyx

342 posts

Posted by Meowyx > 2017-04-20 09:33 | Report Abuse

Totally agreed , stockistlearner. So did u buy? haha

jayalbert

1,574 posts

Posted by jayalbert > 2017-04-20 09:34 | Report Abuse

@tksw, gadang son so steady.. me like gadang son.. he he

Posted by stockistlearner > 2017-04-20 09:34 | Report Abuse

not important at all. i earn money not into your money. i lose also wont hurt you. right? hahaha....chill...

excelyou

1,255 posts

Posted by excelyou > 2017-04-20 09:36 | Report Abuse

I3investor is a platform for sharing and hope sharing of information and ideas can benefit each member.

Posted by stockistlearner > 2017-04-20 09:39 | Report Abuse

well said excelyou!

tksw

12,778 posts

Posted by tksw > 2017-04-20 09:49 | Report Abuse

jayalbert sifu, really hard to believe, Gadang drop 4sen, and the son only 1 sen max. the son is so risky, why ppl still not lali lintang pukang?

xiaoxiami

331 posts

Posted by xiaoxiami > 2017-04-20 09:49 | Report Abuse

as i mention before
if revenue continue to drop and drop u expect next quarter profit will still stand above 100m ?
compare Gadang with IJM
LMAO
800million cap company compare with 12500million cap ... lol

IJM and gamuda got goverment back up .. gadang got what ?
eps drop and drop , revenue drop and drop
soon PE will rise and this become a over value company

Patrick13

1,971 posts

Posted by Patrick13 > 2017-04-20 09:50 | Report Abuse

xiaoxiami sifu you really are sifu! Yeah, follow KYY golden rules is absolutely right!. Profit of RM25.78 million really 笑死人, better fast fast sell~~

Jason5183

132 posts

Posted by Jason5183 > 2017-04-20 09:54 | Report Abuse

So funny, who feel Gadang is bad counter, u can sell it and leave. What's for u comment so much. People money not your money. why u so care.

optimus9199

2,794 posts

Posted by optimus9199 > 2017-04-20 09:55 | Report Abuse

Only fools will buy in Gadang and KYY related stocks.

bluefun

643 posts

Posted by bluefun > 2017-04-20 09:57 | Report Abuse

invest is all about a company future prospect/future earning

invest v patience & passion to meet the power of compound interest

well diversification in few divisions to migrate the risk too rely on construction & property

FY18 onwards - Shining star will be rise - Gadang

Let's us steady & sustainable growth v Gadang, kikiki

:)

Jason5183

132 posts

Posted by Jason5183 > 2017-04-20 09:57 | Report Abuse

Optimus 999 then what counter u buy for clever ppl like u?

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-04-20 09:57 | Report Abuse

lyrics from can't help falling in love......WISE MEN SAYS ONLY FOOLS RUSH IN....hahaha

keke

784 posts

Posted by keke > 2017-04-20 10:04 | Report Abuse

xiaoxiami, my prediction is gadang got chansy to achieve 100m profit in FY17. if make 100m, meaning growth about 6%, not impressive but definitely not close to "regressing" company as what u said.

plz go read analyst report la, in fact analyst already factor in low revenue in FY17 and yet still give TP above 1.50. Why? also current gadang performance is beating analyst expectation.

Meowyx

342 posts

Posted by Meowyx > 2017-04-20 10:10 | Report Abuse

I believe in bluefun and GADANG , hehehe

excelyou

1,255 posts

Posted by excelyou > 2017-04-20 10:17 | Report Abuse

RHB Research

Gadang Heading For Another Decent Year.

Gadang remains a BUY after reporting another decent set of results for 3QFY17 (May). The company’s fundamentals are further supported by its near-term earnings visibility, along with the potential to win more projects in the near future. The stock currently trading at single-digit forward P/E vs its peers’ low teens would be another reason to accumulate.

Our SOP- based TP is unchanged at MYR1.55 (22% upside).
Clear earnings visibility.
After a long wait, Gadang recently won an Mass Rapid Transit Line 2 (MRT2) viaduct project worth MYR952.1m. We believe the company stands a good chance to win more projects in the near future, considering the various infrastructure projects scheduled to be awarded in coming months. Meanwhile, its outstanding construction orderbook (lifted to MYR1.6bn) and unbilled property sales of MYR165m provide earnings visibility over the medium term.

Its utilities unit continues to churn in stable earnings from its four water supply concessions in Indonesia, which more than offset a minor loss at its plantation unit.
Forecast and risks.
We deem its 9MFY16 results largely in line with our expectation and make no changes to our earnings estimates. For FY17, we are confident Gadang could at least match its robust earnings recorded in FY16. Key risks include the inability to replenish its construction orderbook, a significant slowdown in the local property sector, and a hike in input costs.
Reiterate BUY.
We are assured on Gadang’s near-term earnings visibility, coupled with the longer-term growth prospects from all business units.

Meanwhile, the stock trading at single-digit forward P/E presents a good buying opportunity.

Our SOP-based TP of MYR1.55 implies 10.3x 2017F P/E vs the small cap construction sector of 10-12x.

tksw

12,778 posts

Posted by tksw > 2017-04-20 10:18 | Report Abuse

Meowyx sifu, you finished run already arr?

excelyou

1,255 posts

Posted by excelyou > 2017-04-20 10:19 | Report Abuse

1⃣Assured near-term earnings visibility, coupled with long term growth prospects.

2⃣Stock currently trading at single P/E presents good buying opportunity.

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