Posted by Sebastian Sted Power > 2018-06-04 17:02 | Report Abuse

in 2018, Kok Onn bought from RM1++ to as low as 60cents++. Basically EPF throw then Ah Kok sapu

Posted by geary > 2018-06-04 17:24 | Report Abuse

GADANG...just look at its business model...you can probably use the NTA or book value as guideline. Strong balance sheet...plus high return of Invested Capital n Dupont ROE. This one is okay for longer term. But use your common sense n Investment target. TQ.

Posted by kyy_superinvestor > 2018-06-04 19:25 | Report Abuse

Pe 2 is a good buy

Posted by Goldchia MH > 2018-06-04 19:49 | Report Abuse

Leonfb PE 2.88

Posted by lizi > 2018-06-04 21:47 | Report Abuse

It's construction + property bro, cannot look at NTA loh...strong balance sheet? so so lah, by construction company standard, considered good la...business model too much reliance on gov project already...

geary GADANG...just look at its business model...you can probably use the NTA or book value as guideline. Strong balance sheet...plus high return of Invested Capital n Dupont ROE. This one is okay for longer term. But use your common sense n Investment target. TQ

Posted by geary > 2018-06-04 22:07 | Report Abuse

Ha...that's good...okay...it is not purely an assets play with strong recurring income...probably only around 50%...you still have to look into its Earnings growth prospects. Matured construction company still.have strong said during this time of new Malaysia. More open tendering process n fairness. Harapan~Hope'. TQ.

Posted by kyy_superinvestor > 2018-06-04 22:15 | Report Abuse

i support geary's judgement,,,,tomorow i expect gap up

Posted by ihelpyouUhelpme > 2018-06-04 22:32 | Report Abuse

i think kyy bought at high price and he cannot tahan the loss d...that's why he wrote & published about it hahaa...

Posted by geary > 2018-06-04 22:40 | Report Abuse

BTW...fellow investors, don't analyse Company NTA, BV n even intrinsic value thoroughly. We are not space scientists, we don't need perfect numbers or perfect calculation. More than 50% are Psychological, sixth sense or common sense. TQ.

Posted by kyy_superinvestor > 2018-06-05 06:09 | Report Abuse

Lol

Posted by kyy_superinvestor > 2018-06-05 06:26 | Report Abuse

Geary is a value investor...I am a mixed investor hue hue

Posted by PiddleMinger > 2018-06-05 12:57 | Report Abuse

Kyy gives conflicting statements. On one hand he says . "Do not buy if you are not sure it can make more profit in the current year than last year because when the annual result shows a reduced profit, the price will surely drop".

I don't forsee Gadang profits increasing in next few quarters. Construction and housing not the theme now. PE will shoot up when it record lower profit next quarter.

Posted by SJSOON > 2018-06-05 13:44 | Report Abuse

The board already expexts this financial year performance is weaker. This contradicts to KYY’s golden rule of selection .

Posted by geary > 2018-06-05 13:52 | Report Abuse

Ya... Earnings growth prospects plays one of the crucial point...but need to study more on its EPS revisions...to have a clearer picture, going forward. They are many factors that can influence its market price...like Macro theme... economic situation... interest rates... geopolitical events...etc. That's why Investing Cannot be learnt from websites n classrooms. If Can...many high IQ n talented people will be super rich. There are No perfect rules n discipline or market theory to Win n to understand how Mr. Market behaves everyday. So many different types of character n Behaviour , you need to learn n understand EQ~Emotional Intelligence. Be business like...TQ.

Posted by kyy_superinvestor > 2018-06-05 14:02 | Report Abuse

i think u guys dunoe what is undervalue, overvalued and fair price......pls study and read more be4 invest

Posted by geary > 2018-06-05 15:00 | Report Abuse

@kyy_superinvestor. Let it be...becz it is inborne...some are very Kiasu...some are very daring...I think we Must walk the middle way...!!! What is the downside Risk...??? What about it upside reward...??? That's is why Graham got so frightened after the 1930 crisis...that he wrote the theory 'Margin of Safety'...but Uncle Buffett, said buy at reasonable price...n a good company with consistent Earnings power. Be happy, go Lucky...!!!

Posted by geary > 2018-06-05 17:06 | Report Abuse

Tons of shits from BN...!!!
Guan Eng: RM8.25b payments made by previous govt for two gas pipeline projects, despite only 13% of work completed | http://www.klsescreener.com/v2/news/view/388195

Posted by sosfinance > 2018-06-05 17:28 | Report Abuse

TA's analyst (most conservative among others) expects its earnings to be flat from FYE18-20, approximately RM100m (based on existing awarded projects and some landed properties projects to be launched). At today's price 71 sen, market cap of RM470m, PE is about 4.7x, is undemanding. At the moment, market sentiment for construction and property is very weak. Many counters tend to "overshoot on the downside", disregard whether the "actual" impact (good and bad stocks are rerated together disregard their strength).

Posted by geary > 2018-06-05 18:06 | Report Abuse

Hahaha...but Net-Nets or its NCAV...@<0.65...so how much underperformed...???!!!...GL.

Posted by Poisonivy > 2018-06-05 18:19 | Report Abuse

Gadang oversea projects weightage is about 70% ignore noise for those who give negative comments... speak like expertise when they dun even know their niche engineering.... Hahaha

Posted by geary > 2018-06-05 18:31 | Report Abuse

Good... Niche...they have the competitive advantage over their rivals...selling almost at NCAV...???
https://acquirersmultiple.com/2018/03/how-to-apply-walter-schloss-successful-approach-to-investing-in-2018/

Posted by kyy_superinvestor > 2018-06-05 18:34 | Report Abuse

Do u know construction and property development sector contribute the most into economy GDP? What gov will do to maintained the GDP growth?use some command sense pls and not just sixth sense

Posted by apple168 > 2018-06-05 21:42 | Report Abuse

Many fishy construction projects by BN Government going to be uncovered one by one soon. Big taikuns of construction company will go MACC for coffee. Needless to say, it will hit construction counters and drag all construction shares down!

The panel of elderly (Tun Daim/ Zeti etc) said Zero GST will bring up GDP instead of construction and property development. The truth is PH government stopping all mega projects! We seeing tones of unsold condo/ apartment/ Shoplots in Klang valley! PH government upholding Competency, Accountability and Transparency (CAT) by open tender all projects and thus bringing down the profits of construction company.

Avoid construction shares till all dusts settle down!

Posted by kyy_superinvestor > 2018-06-05 21:52 | Report Abuse

use brain to filter other thoughs.... zero gst already is a big issue by bringing down the nation income ....wake up man

Posted by rogers123 > 2018-06-05 22:00 | Report Abuse

Buy Gadang.............

Posted by Poisonivy > 2018-06-05 22:25 | Report Abuse

Many new projects be staring open budding gadang, fajar etc... Will benefit from it rather than main con sub out... From the arena of PH onwards lower cost with better progressive looking forward thus there only one direction up...

Posted by apple168 > 2018-06-05 22:30 | Report Abuse

（吉隆坡5日讯）怡克伟士（Ekovest Bhd）与Samling Resources私人有限公司联营，以共同承建砂拉越泛婆罗洲大道（Pan Borneo Highway），合约总值21亿令吉的WPC-02配套首期工程现在已无效。

怡克伟士今日向大马交易所报备，独资子公司Ekovest Construction私人有限公司（ECSB）周一（4日）接获Samling Resources的信函，告知该项目的项目交付伙伴Lebuhraya Borneo Utara私人有限公司（LBU）还没有同意将该项目分包予Samling-Ekovest JV私人有限公司。

“我们正在保留我们在有关上述事项的权利，并正在寻求建议，且将采取所需的一切必要行动。”

怡克伟士补充，这项最新发展将不会对集团的营运和财务造成任何实质影响。

闭市时，该股起1仙或2.48%，报62仙，约1780万股成交。市值为13亿5000万令吉

Posted by apple168 > 2018-06-06 07:12 | Report Abuse

KUALA LUMPUR: Finance Minister Lim Guan Eng today summoned former Treasury Secretary-General, Tan Sri Irwan Serigar Abdullah, and ex-prime minister, Datuk Seri Najib Tun Razak to explain the lopsided and dubious RM9.4 billion deal signed by Suria Strategic Energy Resources Sdn Bhd (SSER).

"The Board of Directors (of SSER) and Tan Sri Irwan Serigar in particular, must answer as to why SSER signed such a lopsided contract that clearly jeopardises the interest of the Malaysian people and government.

"In addition, we would seek the assistance of former Finance and Prime Minister, Datuk Seri Najib Razak, who has been active on Facebook recently, to explain how he could possibly approve the above transactions,” Lim said in a statement today.

He added that the government would seek the assistance of the China government to help trace the flow of funds in China, in order to investigate the possibility of money laundering.

Based on the highly suspicious transactions, Lim had instructed his officers to file a report with the Malaysian Anti-Corruption Commission.

The no-holds-barred Finance Minister hoped that there would be no more "nasty surprises” to be found in the "red files".

The "Red Files” were only accessible to certain parties and impeded officials and auditors from carrying out the responsibilities with integrity.

SSER is a wholly-owned Ministry of Finance subsidiary set up on May 19, 2016 with the specific intent to undertake the Multi-Product Pipeline (MPP) and the Trans-Sabah Gas Pipeline (TSGP) projects.

Both projects amounting to RM9.41 billion were awarded to China Petroleum Pipeline Bureau (CPPB), whereby negotiation was done solely by the Prime Minister's Department, without involving Treasury officials.

According to Lim, the Attorney General's Chambers have also confirmed that these contracts were signed despite numerous unanswered questions and red flags raised.

To-date, a total sum of RM8.25 billion constitutes a staggering 87.7 per cent of the total project value have been paid, despite an average completion rate of only 13 per cent, with another 2 years of the contracts to go, making it a highly suspicious and lopsided transaction. - Bernama

Posted by apple168 > 2018-06-06 08:34 | Report Abuse

A QUESTION OF BUSINESS | Not only is the East Coast Rail Link (ECRL) highly overpriced and extremely lopsided in favour of China - that alone is reason enough to scrap it - its ties with 1MDB and attempts to cover up debts by channelling overpriced contract sums should be investigated, unravelled and those responsible brought to book.

As much as the scrapping of the high-speed rail project to Singapore is a pleasant surprise, it came as a shock that the estimated cost of this project was RM110 billion, according to Prime Minister Dr Mahathir Mohamad.

This compares to initial cost estimates of RM40-60 billion and shows how much infrastructure costs can balloon compared to initial estimates when the projects are first mooted. Hopefully Singapore will be amenable to reducing the RM500 million compensation, or forego it altogether, for scrapping this unfeasible project as we had explained here.

Now let’s focus next on the ECRL which the government says costs RM55 billion but which we estimated may cost RM100 billion with cost overruns. But if the cost escalation at HSR is anything to go by, then the cost here will be more than double the RM55 billion and could be as high as RM120 billion!

This is a project which is even less feasible then the HSR. Even assuming a project cost of RM55 billion, it is still terribly unfeasible as pointed out in this analysis.

The table below gives the main information regarding ECRL but even this is only for the section from Kota Bharu to Gombak. The Gombak to Port Klang section is not included and the Council of Eminent Persons, or CEP, estimated this to cost a further RM11 billion to take the cost up to RM66 billion.

Note too that the project excludes land costs and costs of rolling stock which will take total project costs much higher. Also, the rail is only for a single track at the moment with provisions to incorporate a double track later which will increase project costs further.

In fact, the cost of construction of the link as the current price is said to be by far the most expensive such contract in the world...

Posted by Sebastian Sted Power > 2018-06-06 09:11 | Report Abuse

kacang putih company like HSS ENGINEERS BHD price also higher than Gadang liao. Gadang is a fundemental strong company not a goreng type like HSS

Posted by aidwiz > 2018-06-06 10:59 | Report Abuse

agreed with u sebastian.

Posted by Sebastian Sted Power > 2018-06-06 11:16 | Report Abuse

Another thing is Gadang's Ah Kok everyday sapu

Posted by kyy_superinvestor > 2018-06-06 11:50 | Report Abuse

lol....big boss ma

Posted by geary > 2018-06-06 12:28 | Report Abuse

Haha... rationally at least PE 8x...But present sentiment is uncertain... another one below its NCAV is...FAJAR...GL.

Posted by Sebastian Sted Power > 2018-06-06 13:45 | Report Abuse

if Ah Kok got enough bullets, now is good time for him accumulating until 50%.

Posted by ajack > 2018-06-06 16:51 | Report Abuse

Price Long way to go before reach rational PE8x.

Posted by sosfinance > 2018-06-06 17:17 | Report Abuse

Insider purchase (MD) since April 17 to 5 June 18 is about RM11 million. (For info only).

Posted by geary > 2018-06-06 18:28 | Report Abuse

Foreign funds haven't really come in yet. Probably after the World Cup in Russia. Plus uncertainty in our Malaysian GDP n governance. We shall see...GL.

Posted by Poisonivy > 2018-06-06 19:33 | Report Abuse

Beginning of the run up no worries where those negative noise

Posted by lizi > 2018-06-06 22:47 | Report Abuse

with so many project cancel, why foreign fund want to come into construction sector?

geary Foreign funds haven't really come in yet. Probably after the World Cup in Russia. Plus uncertainty in our Malaysian GDP n governance. We shall see...GL.
06/06/2018 18:28

Posted by Sebastian Sted Power > 2018-06-06 23:20 | Report Abuse

I believed projects still here and there. Bear in mind, vision 2020 still in Tun M's mind and cannot be denied that Malaysia still a "developing" nation.

But with open tender basis, those competent company won't afraid in open tender, Only kacang putih company will scare

Posted by Fiona Yip > 2018-06-07 11:13 | Report Abuse

Otb and kyy also buy call, must buy some. Join the party! Lolx

Posted by geary > 2018-06-07 13:15 | Report Abuse

Proud Malaysian~So much Envy from Foreigners... hahaha...!!!
My Say: An almost new Malaysia | http://www.klsescreener.com/v2/news/view/389393

Posted by AmstrongKL > 2018-06-07 18:22 | Report Abuse

As mentioned in the article above, we should promote human rights, as done by the European countries. Go for it. :D

Posted by TheMiddle > 2018-06-07 19:18 | Report Abuse

hold and hold tight. fly one day.

Posted by Goldchia MH > 2018-06-07 19:59 | Report Abuse

KYY is serious slowly be 1.80

Posted by Fiona Yip > 2018-06-07 22:27 | Report Abuse

This time really earn big. :)

Posted by albert787378 > 2018-06-09 13:45 | Report Abuse

I seriously doubt that KYY is pushing up the share price.those who are interested can keep the stock for long term.

Posted by kyy_superinvestor > 2018-06-10 11:46 | Report Abuse

My tp is 1 within six months

Posted by Sebastian Sted Power > 2018-06-10 14:15 | Report Abuse

six months? if really want to push, six days already too long liao