Posted by cospi03 > 2017-08-06 12:40 | Report Abuse

Hospital construction duration normally average 6 years. Might be longer for govt hospital.

Posted by aseng > 2017-08-06 12:43 | Report Abuse

Dedicated to all my dear friends here

https://youtu.be/X1dgDBAorDA

Posted by aseng > 2017-08-06 17:50 | Report Abuse

Worst is over , time to fast forward .
see all of you at 1.40 next week ....

Posted by cospi03 > 2017-08-06 18:06 | Report Abuse

Feel weird, why the share price does not really move earlier with 1.5bn orderbook (ex hospital). Is it bcoz all contracts are more than 5-6 years? Please advice

Posted by tksw > 2017-08-06 20:00 | Report Abuse

cospi sifu, this is because Gadang investors want this want that.... kakaka

Posted by sosfinance > 2017-08-06 21:34 | Report Abuse

voting machine vs weighing machine principle.

Posted by ccs999 > 2017-08-06 22:58 | Report Abuse

Hopefully tomoro market open mum can back to 1.3 and son can back to 0.6.

Posted by lanjiolang > 2017-08-07 09:01 | Report Abuse

Alamak!! 1.27 only

Posted by Bigbull99 > 2017-08-07 09:07 | Report Abuse

LOL. People talks about limit up to 1.40 to 1.50. Now "limit up" 1.27 only.

Posted by wotvr > 2017-08-07 09:13 | Report Abuse

Later drop 5 cents

Posted by optimus9199 > 2017-08-07 09:15 | Report Abuse

From TA Research 7th Aug :


Gadang has received a Letter of Acceptance from Cyberview Sdn Bhd to
undertake design-and-build jobs for Cyberjaya Hospital (288 beds) for a
contract sum of RM475mn.


Our View
This is Gadang’s first job win in FY18 and third job secured in CY18, totaling
RM1.6bn YTD. This has boosted its estimated outstanding construction order
book to RM2.0bn, translating into 7.2x FY17 construction revenue. This is
expected to provide earnings visibility to the construction division for the next
3 to 4 years.


Assuming an operating margin of 10%, we expect the project to generate a net
profit of RM36.1mn, or 5.4sen/share throughout the construction period.
In near term, Gadang could potentially benefit from the rolling out of mega
construction projects such as LRT 3, East Coast Rail Line, Gemas-JB Double
Track and Pan Borneo Highway (Sabah). Given its decent track record and
experience in MRT line 1, we see Gadang as a front-runner for LRT 3 work
package, which is estimated to cost between RM800mn to RM1.0bn per
elevated civil work package.


Impact
This new job win in the second month of FY18 has almost filled up our FY18
order book replenishment assumptions of RM500mn. Given that Gadang is one
of the front-runners for LRT 3 work packages and various mega projects to be
awarded in the foreseeable future, we raise our FY18 order book
replenishment assumptions from RM500mn to RM1.0bn. Consequently, we
raise FY18/FY19/FY20 earnings forecasts by 6.7%/12.2%/20.4% respectively.


Valuation
Following the revision in earnings forecasts, we raise Gadang’s target price
from RM1.57 to RM1.75. Maintain BUY call on the stock.
SOP valuation (RMmn) Rem

Posted by bliss08 > 2017-08-07 09:16 | Report Abuse

son easy back to 0.63 good profit.

Posted by keke > 2017-08-07 09:28 | Report Abuse

big liao become dai wok liao.

Posted by cospi03 > 2017-08-07 09:28 | Report Abuse

Yes so much job win even before the latest hospital contracts. But why the share price does not reflect it. Is it bcoz all contracts are long term 5-7 years contracts? That's why mgmt trying to keep it secret on the duration?

Posted by keke > 2017-08-07 09:32 | Report Abuse

this TA analyst really kiasi, quite conservative in his calculation. i guess between 1.75 to 1.85. and he pick the lowest.

Posted by ran777rpt > 2017-08-07 09:35 | Report Abuse

Fantastic gap up. Oh very great.

Posted by tksw > 2017-08-07 09:36 | Report Abuse

hehehe, told you gadang good news oso no spike up one, still can slow slow buy.

Posted by optimus9199 > 2017-08-07 09:36 | Report Abuse

Based from my analysis of GKENT which bagged multiple Hospital awards, the duration is approximately 3-4 years.

To my opinion, why Gadang failed to catch up with its peers in construction is due to these :

- the CEO / management of Gadang do not hold many shares in the company ( total combined just about 25% of shares). This makes the % free float in the market is about 75%.

- lack of interest from fund managers buying into Gadang eg support from EPF / PNB/ local and international funds

- total number of shares now approx 650mil. This is quite enormous sum as a few cents increase in share price will trigger a sell easily.

- cheap valuation of Gadang at RM 1.20+, easily and enabled contra players to buy in small ampount of shares and sell easily too ( as compared to expensive companies eg KESM RM 15.00 whereby small contra players will be having difficulties in buying / selling it)

Posted by keke > 2017-08-07 09:46 | Report Abuse

dun know that principal officer panic now or not...kakaka...

Posted by stockistlearner > 2017-08-07 10:07 | Report Abuse

this hospital project already blew for months. basically no more a surprise to the market. instead it is a sell on news.
if mother can close at this level and stay for days then mother is considered back on track. but son is till weak.

Posted by tksw > 2017-08-07 10:12 | Report Abuse

buy on news kenot meh?

Posted by tksw > 2017-08-07 10:13 | Report Abuse

U think retailers selling meh? I bot from UBS

Posted by tksw > 2017-08-07 10:13 | Report Abuse

big boys chage hand, so stupid they sell on news meh。。。

Posted by tksw > 2017-08-07 10:14 | Report Abuse

Ｉjust steal a bit when they press...

Posted by kancs3118 > 2017-08-07 11:12 | Report Abuse

i am waiting for my baby at RM1.20 ...hehehe...can be done

Posted by keke > 2017-08-07 14:53 | Report Abuse

kancs sifu, you are right, kena suppress.

Posted by Goldenblue > 2017-08-07 15:18 | Report Abuse

Poor Gadang

Posted by davkitz > 2017-08-07 16:25 | Report Abuse

gap up shit

Posted by ajack > 2017-08-07 16:31 | Report Abuse

qtr result okay, mother and son fall. get project, son fall. if this is not good time to collect, dont know what time.

Posted by WSP88 > 2017-08-07 18:35 | Report Abuse

Everyday up 2 cent, is so....good! 快反而慢，慢反而快... be patient

Posted by Larrytrader > 2017-08-07 18:48 | Report Abuse

agree

Posted by Bigbull99 > 2017-08-07 18:49 | Report Abuse

See this kind of performance today, if they win the LRT3 package worth assuming 800mil also don't know can kick up 10sen or not.

Posted by WSP88 > 2017-08-07 19:05 | Report Abuse

Price going be suppressed now is good and something big will happening after two weeks. Price will shoot up unexpected level...

Posted by WSP88 > 2017-08-07 19:11 | Report Abuse

Price Suppressed mean got somebody willing to buy a lot of share on short team and low price and it will release the value after "MEGA" good news make announcement !!!

Posted by WSP88 > 2017-08-07 19:22 | Report Abuse

Anyway....be patient until end of the month. LRT3 project announce date is end of the August.

Posted by WSP88 > 2017-08-07 19:26 | Report Abuse

Tksw sifu, what price you steal? Hehe...

Posted by optimus9199 > 2017-08-07 20:40 | Report Abuse

I doubt Gadang share prices will surpass 1.50 given by substantial amount of free floated shares.

Share similiar fate as Mitrajaya.

Posted by cospi03 > 2017-08-07 21:53 | Report Abuse

I'm now really confused, why price suppressed mean good things will happen? Wouldn't price suppressed mean investors sell down the stocks on the pretext bad things will happen.

Posted by optimus9199 > 2017-08-07 22:09 | Report Abuse

Example of stocks share prices being surpressed : Ekovest, Gadang, Mitrajaya

Posted by BINTANG > 2017-08-07 23:01 | Report Abuse

I believe my choice is right
Gadang will give me a good return one day

Posted by investodiva > 2017-08-08 07:44 | Report Abuse

Gadang or mitra or gkent? Dilemma lol

Posted by kancs3118 > 2017-08-08 11:45 | Report Abuse

Let it go down !!

Posted by ccs999 > 2017-08-08 16:47 | Report Abuse

haizzzz, don't understand why gadang son kena press, fxxk

Posted by ajack > 2017-08-08 16:56 | Report Abuse

wah champion, 1 cent gap-up.

Posted by Larrytrader > 2017-08-08 17:17 | Report Abuse

hoho last minute up 1 cent

Posted by Larrytrader > 2017-08-08 17:17 | Report Abuse

now I rugi in REV that idiot stock luckily I have GADANG

Posted by WSP88 > 2017-08-08 17:19 | Report Abuse

Everyday up 1-2 cents ... I like it... within 1weeks will go back to 1.30

Posted by WSP88 > 2017-08-08 17:22 | Report Abuse

Maintain 1.30 next week, end of the month "LRT3" good news announced , than is time to shop up Unexpected price level....

Posted by Larrytrader > 2017-08-08 17:24 | Report Abuse

agree

Posted by stockistlearner > 2017-08-08 17:31 | Report Abuse

mother still solid. son very lembik. he needs tongkak ali.