kglim, probably that klci likely to rebound next week cause currently too over sold... I check the klci components (all total 30 counters) 12 counters are already in bullish mode and 2 counters in the entry to bullish mode....so a total 14 counters (about half of the components) are on the way up ranging form a mater of days, weeks to months...so my conclusion klci.... 1. at least worst case side ways till year end... 2. likely case up swing but with minimal gain probably between 70 to 120 points....
note : following are in bullish mode; 1. AXIATA 2. DIGI 3. TM 4. YTL 5.YTLPOWER 6. MAYBANK 7. IOICORP 8. RHBCAP 9. HLBANK 10.PPB 11.HLFG 12.TENAGA
MRT(profit 5%=6000) + The Vyne 1KL(profit 15%=10000) + Capital City Johor(profit 12.5%=54000) + Prima 1 Cyberjaya (profit 7%=3450) + water treatment (profit = 3000) + Pokok Sena Kedah (profit 5% =1400)
Total = 77850 (excluding the Petronas Rapid project) Share Capital = 196691 estimated EPS in 2015 = 0.40
Chongway, if the sales of Capital 21 is good as you said, the eps may hit 0.40 in 2015 undoubtedly.
abang nordimohd, if we got money pun put in gadang lah, now where got mode for those companies that we are not familiar , last time market is good still ok , play-paly ma , no harm. moreover gadang is sleeping , now different, cheap sale wo, where got mode for play-play,now we want to win BIG BIG BIG in our core investment gadang. miss the boat , don't know when is the next boat, if the coming quarter esp > 5sen, 15% gain is no problem. less than 1 month 15% gain, where to find, still want to play-play ,then how to buy luxury condo?
kglim, but for gadang my 2 cent opinion likely will take few weeks to recover to rm1.80 n probably crossing rm2.00 n stay at above rm2.00 if EPS is proven leading to 40 cent by the end of the month...
In 2015, several infrastructure projects will be implemented:
First: Construction of the 59-km Sungai Besi – Ulu Klang Expressway (SUKE) at a total construction cost of RM5.3bil;
Second: Construction of the 276-km West Coast Expressway from Taiping to Banting at a total construction cost of RM5bil;
Third: Construction of the 47-km Damansara – Shah Alam Highway (DASH) at a total construction cost of RM4.2bil;
Fourth: Construction of the 36-km Eastern Klang Valley Expressway (EKVE) at a total construction cost of RM1.6bil;
Fifth: Upgrading the East Coast railway line along Gemas - Mentakab, Jerantut - Sungai Yu and Gua Musang - Tumpat with an allocation of RM150mil;
Sixth: Construction of the 56-km Second MRT Line from Selayang to Putrajaya at an estimated cost of RM23bil; and
Seventh: LRT 3 Project, which will link Bandar Utama to Shah Alam and Klang, at an estimated cost of RM9 billion, will be implemented.
The Pengerang Integrated Petroleum Complex project with a total investment of RM69 billion is expected to create more than 10,000 job opportunities. Additionally, to develop the electric vehicle manufacturing industry in Malaysia, a Sustainable Mobility Fund of RM70mil will be established under SME Bank. Initially, 50 electric buses will be introduced.
Pan-Borneo Highway
As the North-South Highway project has transformed the development from Perlis to Johor, the Government intends to start construction of the 1,663-km Pan-Borneo Highway comprising 936 km in Sarawak and 727 km in Sabah at a total construction cost of RM27bil.
i realy cant understand n cant agree put rm 17.7 bilioon on defence system want to buy more
submarine ? ? why nobody come out to protest ? 2013 spend rm 13 billion 2012 10 billion. who is our enemy ? didnt anounce transparentcy to us n simply use our money ...most of us just keep queit
CHONHWAY, where do u get that extra projects from.....were they budgeted previously...??...i came across to one of them previously said by politician reported in news paper...
Published: Saturday October 11, 2014 MYT 12:00:00 AM Updated: Saturday October 11, 2014 MYT 7:46:49 AM
Budget 2015: Boon for construction
by sharidan m. ali
Putra LRT trains making a stop at KL Sentral station. The allocation for the proposed LRT Line 3 and MRT Line 2 under Budget 2015 will help enhance the connectivity and mobility of the rakyat. Putra LRT trains making a stop at KL Sentral station. The allocation for the proposed LRT Line 3 and MRT Line 2 under Budget 2015 will help enhance the connectivity and mobility of the rakyat.
THE Government has announced the rollout of the much-anticipated 56km second mass rapid transit line (MRT Line 2) from Selayang to Putrajaya at an estimated cost of RM23bil in Budget 2015, which will further boost the construction sector from next year onwards.
Prime Minister Datuk Seri Najib Tun Razak in his budget speech also announced another urban rail project, the light rail transit line three (LRT Line 3) from Bandar Utama to Shah Alam and Klang at an estimated cost of RM9bil, confirming a StarBiz report that was published on May 14.
Prasarana Malaysia Bhd group managing director Datuk Seri Shahril Mokhtar says the allocation for the proposed LRT Line 3 and MRT Line 2 will help enhance the connectivity and mobility of the rakyat in addition to enhancing their economic activities, productivity and quality of life.
“The proposed projects will bring the people in Greater Kuala Lumpur closer,” he says in a statement.
He adds that the allocation for the proposed projects also demonstrates the thoughtfulness of the Government to channel funds from the subsidy rationalisation exercise to enhance the public transport system and service, among others.
“Although the Government had recently announced the reduction in fuel subsidies, we are pleased to note that it is allocating more funds to further improve the public transport system and service.
“The LRT Line 3 and MRT Line 2 projects would certainly enhance the connectivity and mobility of the rakyat and contribute to the aspirations of the Government Transformation Programme, and the Urban Public Transport’s National Key Result Area initiative to achieve a 40% public transport modal share by 2030,” Shahril says.
These two major urban rail projects are in line with construction analysts expectations, as they are much needed to sustain the sector’s robust activities contributed by the MRT Line 1 in the Klang Valley, which is 50% complete now. The latest numbers in the construction sector indicate that the sector had experienced a sluggish pace of awards in the third quarter of this year.
MIDF Research says that the pace of contract awards was relatively sluggish in the third quarter of this year, with only RM2.9bil in total value of contracts being awarded to listed construction companies.
This was comparatively lower than the RM3bil and RM7bil worth of jobs given out in the third quarter of last year and the second quarter of this year, respectively.
“We opine that investors should look at this as a strategic opportunity to accumulate construction stocks before the sector cycle resumes its upward momentum,” says MIDF Research in a recent report that maintained a “positive” call on the sector.
Meanwhile, Master Builders Association Malaysia hopes that the tender and awards of these projects will be implemented in a timely manner, as a lot of the highway concessions had been announced in the previous budget.
“Projects allocated should be transparently announced to award companies that are competent, credible and financially sound,” it says in a statement.
not too worry...like last 2 years oil n gas was the mkt headline n now the construction is the current headline n just stated last Friday officiated by Y2015 budget n will run at least for next 6 months to 1 year....just sit side line see the bskl horrow movie loooo...
The reason gadang is coming down is fear of capital 21 failure. But at 1.20, it has basically fully discounted capital 21 contribution. So that would be the rock bottom. My 5 cents worth
Of course we can't be blindly optimistic. Never throw bad money after good money. We must base our decision on facts. Don't react just simply because somebody come out and spread rumor. Use your head to think and act rationally, base decision on facts (which I am doing my research)
beside all the strong fundamental n now it just touch 50 day weekly moving average likely rebound to next level potentially to rm2.40 and can be as high as rm2.70 in next 1 to 2 months time....
based on facts ? I agree with you .. but the whole world has been drop since 10 days ago. If you do research only for gadang!! So sorry to said that, you go and check how many counter fall below 200 days av price ? any you think how much dividend they capable to pay ? 4 cent ? Let;s see now 148 ? becuase of 4 or 5 cent . next week 130 . some one here is right use brain to think about it . and think .. what could be the impact watch HIngkong and Japan index today and this is the fact !! no matter how strong you are. when it force to drop. I tell you it will. Is yours money.
kkteng70, I also dono la but i sold most all the shares that i bought at the price more than rm1 now only holding most of the share that i bought less than rm1...that why may be 4cent dividend is worth for me to just wait while watch the gadang horror movie....n good luck...
I am quite happy to see the price dropping to 1.30. While government is going to announce more construction and LRT 3 contracts in the future, collecting the Gadang is always the better decision in lower price. Please crazy sell your Gadang shares now till 1.30..... I am waiting for it.
Someone wants to collect the stocks at very low price and expecting AGM on month end. Whatever it is, AGM is gonna be good news. With such small volume, they have managed to push the price down. This fella is gonna gain as we don't have the collective force to keep buying. If you dont wan to lose further, hold on to it. If u wan to gain more, buy now and wait for 2 weeks.
anyway... this is just my opinion. Hope all goes well for everyone.
2 weeks ago I said this counter will go down.. and now moving on to the next wave.
between FD and Gadang, I choose Gadang. this afternoon I am going to buy 10k. I already told you, even though if tomorrow it shoot up 2.00, I won't sell, what more 1.48 now. I don't sell, where got lose or gain? nordi, hentam kuat-kuat, kalau sampai 1.00, pinjam duit beli. next year or latest 2016, we are neighbour at one of the luxury condo. that is how I made million in share market . I really don't understand why you people panic? really not the bahan for big business. you people can carry on panic, I enjoy 10k , 10k ,10k,... buying and 2016 sekali gus harvest.
There is no major scare around the world except for the usual US fed announcing their rates hike and changing their mind the very next day. The HK protest is going to normalise with the worst being over by now. The bullets and bombs in those war zones arent a big impact to the world economy. China s growth are better than expected but 2 weeks ago everyone was jittery. Germany s signs of recession are just one of those old european issues, bound to be alerted every now and then. And our latest announced neutralised budget 2015 has minimal impact on property + construction sectors.. as a matter of fact, it's better for gadang.
Global economy potentially can hurt an export based company. And dear Gadang doesn't rely on that. I saw some postings tat says wait till 2018... kekeeke.. really there is no reason to wait that long.
Spongebob, I agree. Before the announcement of the budget, the highest total traded volume per day is less than 1.5%, now is less than 1%. The substantial shareholders didn't even sell any single share last week.
Again, I am looking to buy low as a long term investor.
New IPO: ES Sunlogy Berhad, a provider of mechanical and electrical (M&E) engineering services and renewable energy solutions, aims to list on the ACE Market!
MQ Trader 291 views | 1 d ago
0:17
New IPO: Techstore Berhad, an IT security and automation solutions provider, aims to list on the ACE Market!
MQ Trader 508 views | 3 d ago
0:17
New IPO: Richtech Digital Berhad, a distributor of electronic reloads and digital payment solutions, aims to list on the ACE Market!
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....
nordimohd
1,870 posts
Posted by nordimohd > 2014-10-10 18:48 | Report Abuse
kglim,
probably that klci likely to rebound next week cause currently too over sold... I check the klci components (all total 30 counters) 12 counters are already in bullish mode and 2 counters in the entry to bullish mode....so a total 14 counters (about half of the components) are on the way up ranging form a mater of days, weeks to months...so my conclusion klci....
1. at least worst case side ways till year end...
2. likely case up swing but with minimal gain probably between 70 to 120 points....
note :
following are in bullish mode;
1. AXIATA
2. DIGI
3. TM
4. YTL
5.YTLPOWER
6. MAYBANK
7. IOICORP
8. RHBCAP
9. HLBANK
10.PPB
11.HLFG
12.TENAGA
at entry the bullish mode;
1. SIME
2.CIMB
that just my 2 cent opinion n good luck