GADANG HOLDINGS BHD

KLSE (MYR): GADANG (9261)

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Last Price

0.335

Today's Change

0.00 (0.00%)

Day's Change

0.335 - 0.345

Trading Volume

40,300


38 people like this.

37,592 comment(s). Last comment by geary 12 hours ago

qqq3

13,202 posts

Posted by qqq3 > 2018-04-25 12:48 | Report Abuse

Posted by tgorange > Apr 25, 2018 12:41 PM | Report Abuse

Anyone knows how much profit the company has recognized from Capital 21?
=============================


the problem with this company is we do not know how much of the profits is from Capital 21 and so, PE is not applicable.

tgorange

11 posts

Posted by tgorange > 2018-04-25 21:37 | Report Abuse

Anyone knows why its share price is down by so much despite strong earnings

limhh

47 posts

Posted by limhh > 2018-04-26 08:30 | Report Abuse

future earning is uncertain. like mitra?

The Board expects the current year performance to be weaker due to the sluggish market condition of the
property sector. The construction division’s ability to contain the higher operating cost is critical to its
overall profitability for the existing technically more complex infrastructure projects.

Malatlou

88 posts

Posted by Malatlou > 2018-04-26 11:31 | Report Abuse

No longer growing stock, for those who keep on mention PE low and shit please go buy hengyuan PE less than 3, and I will see you go to hell. This stock no longer SHINE, just like Mitra

Patrick13

1,971 posts

Posted by Patrick13 > 2018-04-26 13:40 | Report Abuse

People always look at profit performance only but even din know to read its financial position:

Financial Position:
- Gadang NTA improved to RM1.03/share (3Q17: RM0.91/share)
- Current ratio of 3.24 means working capital is very healthy
- debt/equity ratio is 0.41 due to loan & borrowings increased to RM284.28mil for financing of investment property in Damansara Perdana of RM45mil, projected expenditure for concession assets in Indonesia, CAPEX in construction & property development division

Prospects:
Construction division: RM1.59bil outstanding order
Property division: RM134mil unbilled sales. Currently they have total land bank of 442.20 acres or RM3.89bil GDV.
Utility division: Main hydro project in Indonesia is expected to generate income by 2nd quarter of FY2019

Others:
Capital commitment: RM141.5mil for the balance of acquisition for 2 parcel land in Pontian, Johor.
Corporate exercise: Acquisition of 49% equity interest of Datapuri as announced on 16/4/18

A bit upset that they are using "sluggish" this word to describe current property sector. But pls, if look at single construction division only, does the market fairly reflect its true value based on its solid balance sheet and huge order on hand?

Posted by Fabien Extraordinaire > 2018-04-26 20:57 | Report Abuse

@Patrick13

sentiment rules over rationality i'm afraid. its not only Gadang, Ekovest too

kancs3118

2,214 posts

Posted by kancs3118 > 2018-04-27 14:34 | Report Abuse

the owner (and his merry men) is buying while the whole world is busy unloading on the cheap to him....

sosfinance

1,305 posts

Posted by sosfinance > 2018-05-01 15:49 | Report Abuse

Insider (MD) continue to accumulate, positive news.

Was informed Semenyih, Melawati and Kwasa Land (JV) GDV of RM1.5b will mainly be landed residential properties, where demand is good. Not forgetting construction order book of RM1.6b that can last 3-4 years.

Flintstones

1,762 posts

Posted by Flintstones > 2018-05-02 08:51 | Report Abuse

I am buying this when the capital 21 profit really kicks in. By that time, gadang will gap up 10% on a single day which is a fair opportunity cost for me. Meanwhile, I believe gadang will continue to trend down or remain sideways.

Posted by mohdamiin > 2018-05-02 11:58 | Report Abuse

If there any job win then will consider to buy the stock. for now its considered not growing stock for near term. Gadang sure will continue to trend down or remain sideways like @flintstones said.

HuatRex

2,617 posts

Posted by HuatRex > 2018-05-02 18:27 | Report Abuse

Lol you think MD is stupid keep buying trending down stock?

Flintstones

1,762 posts

Posted by Flintstones > 2018-05-02 19:35 | Report Abuse

MD is multimillionaire. What are you? Not sure you have even RM 100k LOL

Posted by PotentialGhost > 2018-05-02 20:26 | Report Abuse

Ya epf keep selling share in stock market ,let najix use money to buy vote first 。now local fund every day keep selling their share in stock market。that why 80% stock making new low

HuatRex

2,617 posts

Posted by HuatRex > 2018-05-02 21:11 | Report Abuse

Lol, Flinstones I am sure u nvr see it. Childish boy.

sosfinance

1,305 posts

Posted by sosfinance > 2018-05-03 18:57 | Report Abuse

Last 3 years average profit after tax for Gadang is about RM85m, and next 3 years average estimated profit is about RM130m, not sure this is deemed as good growth.

During the last AGM's presentation, management mentioned they will launch (FYE19) Semenyih, Melawati and Kwasa Land, all are mainly landed residential properties with a GDV of about RM1.5b.

Perhaps, that is the reason Insider (MD) keeps on accumulating. [sentiment is weak for both construction and property at the moment]

Bull

1,361 posts

Posted by Bull > 2018-05-03 19:06 | Report Abuse

Gadang is in deep Undervalue which is same with MMCCORP

Hold Undervalue gem

https://m.facebook.com/story.php?story_fbid=1975669769428631&id=1971580826504192

Takashi

296 posts

Posted by Takashi > 2018-05-03 23:07 | Report Abuse

dun buy goiing to holland

Patrick13

1,971 posts

Posted by Patrick13 > 2018-05-04 09:05 | Report Abuse

@ sosfinance
For the Semenyih, Melawati & Kwasa Land, my record is this's future development project, not specified it will be launched in FY2019.

Based on their latest QR using "sluggish" this word to describe current property market, maybe you need to fine tune again the Gadang property division earning power.

Muarmali

1,186 posts

Posted by Muarmali > 2018-05-04 11:39 | Report Abuse

Aiya.. I thought I got chance for re-entry last week. have to park my fund in fd for longer period :)))

davors

889 posts

Posted by davors > 2018-05-04 13:04 | Report Abuse

2018 not a good year for property stock

Jon Choivo

3,668 posts

Posted by Jon Choivo > 2018-05-04 21:04 | Report Abuse

Bought a small 1.7% position in the warrants. Lets see. May top up after elections.

Posted by tonyneo1234 > 2018-05-08 15:20 | Report Abuse

gadang today up

Posted by tonyneo1234 > 2018-05-08 16:07 | Report Abuse

up so fast

smartsing

54 posts

Posted by smartsing > 2018-05-13 16:12 | Report Abuse

tommorrow limit down -30%

Bull

1,361 posts

davors

889 posts

Posted by davors > 2018-05-14 10:35 | Report Abuse

Take note...

Gadang Chairman - TAN SRI DATO’ SERI DR.HJ. MOHD ISMAIL BIN MERICAN
Corporate scandal 2008 in 9Bio (https://malaysiancitizens.wordpress.com/2008/09/23/civil-servants-making-deals-and-kickbacks/)

tksw

12,777 posts

Posted by tksw > 2018-05-14 11:01 | Report Abuse

Even Robert Kok had to sell his co, shares to those ppl ler

Her Sin

107 posts

Posted by Her Sin > 2018-05-14 11:16 | Report Abuse

drop whenever good or bad time,shit u

ajack

16 posts

Posted by ajack > 2018-05-14 11:27 | Report Abuse

why gadang drop like lao sai? no negative exposure infact ceo gadang and lao ma good friend summore. I buy until really no money liao. really have to wait.

Her Sin

107 posts

Posted by Her Sin > 2018-05-14 11:27 | Report Abuse

Already endure stupid CEO for one year,holy shit,resign la

HuatRex

2,617 posts

Posted by HuatRex > 2018-05-14 11:28 | Report Abuse

This fucking stock. Only know drop

Posted by PotentialGhost > 2018-05-14 11:31 | Report Abuse

This fucking new bie investor all train by local sifu

Posted by PotentialGhost > 2018-05-14 11:35 | Report Abuse

All sold by new bie , they all train by local sifu

tksw

12,777 posts

Posted by tksw > 2018-05-14 11:41 | Report Abuse

PH would not harm the company, unless they are company set up to rob. Otherwise, they will be considerate one ler,

ajack

16 posts

Posted by ajack > 2018-05-14 11:49 | Report Abuse

The only exposure i can think of is only contracts will change to open bid, will delay a bit. LRT/MRT will still continue under PH. But the stock price, going south. Scared what I also don;t know.

tksw

12,777 posts

Posted by tksw > 2018-05-14 11:55 | Report Abuse

opent tender is actuall good for Gadang. see they can't get much projects under previous Gov.

tksw

12,777 posts

Posted by tksw > 2018-05-14 11:56 | Report Abuse

Gadamg strenugth is in their project management

tksw

12,777 posts

Posted by tksw > 2018-05-14 12:01 | Report Abuse

which big company dun have to build a good relationship with government department?

tksw

12,777 posts

Posted by tksw > 2018-05-14 12:04 | Report Abuse

if some one powerful wanna play die a construction company, just delay their approval or permit then will die already, not to mention to find a little fault and give you summon and stop work order

tksw

12,777 posts

Posted by tksw > 2018-05-14 12:14 | Report Abuse

with GST gone, dunno how much is Gadang benefited

kelvin12

321 posts

Posted by kelvin12 > 2018-05-14 14:13 | Report Abuse

A lot of ppl dun understand the impact. Just keep seling only. Stupid.

kelvin12

321 posts

Posted by kelvin12 > 2018-05-14 14:13 | Report Abuse

Tksw sifu u r back. Gadang got hope liao

emil

1,428 posts

Posted by emil > 2018-05-14 14:25 | Report Abuse

LIMIT DOWN SOON!!! BE END COUNTER.....ZERO CONTRACTS CONFIRMED!!!

tksw

12,777 posts

Posted by tksw > 2018-05-14 14:32 | Report Abuse

emil sifu, from which angle you see Gadang is BN counter?

tksw

12,777 posts

Posted by tksw > 2018-05-14 14:43 | Report Abuse

Now even construction company wanna pay the agreed undertable oso nobody dare to take, and that money, assuming if there is any can be saved and become company's win-fall profit, dun forget if there is any such thing, it's already taken into costing

HuatRex

2,617 posts

Posted by HuatRex > 2018-05-14 16:30 | Report Abuse

Where is sosfinance?

HuatRex

2,617 posts

Posted by HuatRex > 2018-05-14 16:37 | Report Abuse

This rubbish stock regardless market good or bad also drop

Patrick13

1,971 posts

Posted by Patrick13 > 2018-05-14 16:41 | Report Abuse

Bought at 0.76 sen.

Posted by ihelpyouUhelpme > 2018-05-14 16:45 | Report Abuse

lose until no feel already on this counter... zzz

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