I don't think the current price is the good entry point. Generally, all the construction company is suffering from post-GE economic shock and fatigue. :)))
strange , everyday new low for a stock that is relatively steady in fundamentals.... despite the weak market , still , who keeps selling at a lower price everyday...don't they lose money ? stock market is strange indeed...
This company managed quite well. For a construction company, it has good cash flow. Although the recent quarter can see that they didn't manage to collect much for receivable. Still they have enough cash to sustain compared to other cash strapped counters. Good fundamental but construction and property sector quite bad. Their utilities division do look interesting but a small contribution for now.
If read back 2017 AGM minutes, the mgmt mentioned they ald recognised 60+ million for Capital City Project, the balance of RM260 million to be recognised within next 2 years. And comes to 2018 AGM, the mgmt highlighted again that Capital City Project to be completed in 3 more years. And point out that 2018 property PBT increased compared to 2017 despite property sales dropped mainly due to significant contribution from Capital City Project.
Gadang annual consolidated PBT is just over 100 million only.
Can you guess how significant is the Capital City Project to Gadang?
bottom fish can buy results still acceptable this is better than ekovest and wct now at this price limit upppppp can untung more than wct and ekovest I look good at Gadang more than WCt and ekovest now big ig big big buy comfirm easy money comfirm easy money
Most construction companies recovered 20-30% from its low. Sentiment improves a little bit (at least for the construction sector). Those who bought construction sector warrants at its low may have gain 20-50%. Is there still opportunity in the warrants?
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 361 views | 2 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 11696 views | 10 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main 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....
kamcheonghui
174 posts
Posted by kamcheonghui > 2018-12-17 12:29 | Report Abuse
What happen to this share price? Keep dropping and kok onn keep buying.No ang pow for merry christmas
,