Posted by kamcheonghui > 2019-04-11 16:39 | Report Abuse

Ekovest & Gadang counter selldown. No chance for TP 0.78

Posted by WiseVictor > 2019-04-12 15:02 | Report Abuse

https://www.thestar.com.my/news/nation/2019/04/12/ecrl-project-is-back-on-supplementary-deal-signed/

Drag a while able to cut cost RM21.5 billion, not bad PH

Posted by factorrumour > 2019-04-12 15:20 | Report Abuse

is there any relation with gadang on the explosion in rapid project? gadang got involve in rapid project but i'm not sure which part of it

Johor DOSH to investigate fire and explosion incident in Pengerang
https://www.theedgemarkets.com/article/johor-dosh-investigate-fire-and-explosion-incident-pengerang

Posted by WiseVictor > 2019-04-12 15:39 | Report Abuse

Petronas explosion incident has no relation to Gadang =.= O&G firm...

Posted by apple168 > 2019-04-14 11:37 | Report Abuse

Be aware of Buy on rumors, Sell on news!

Posted by ks5S > 2019-04-14 12:11 | Report Abuse

construction play over.
move to glove as us dollar moving up

Posted by kamcheonghui > 2019-04-15 09:55 | Report Abuse

EPF fund manager lossing too much money. Has to be change.

Posted by WiseVictor > 2019-04-15 15:10 | Report Abuse

https://www.theedgemarkets.com/article/40-ecrl-works-be-done-malaysian-firms-says-dr-m

Could Gadang be one of the 40%?

Posted by stockistlearner > 2019-04-15 15:24 | Report Abuse

going to challenge the gap up candle on 1/4. if this gap is closed then it will trend lower.

Posted by kamcheonghui > 2019-04-15 19:37 | Report Abuse

Again EPF fund manager lossing our money.

Posted by S_ken > 2019-04-16 18:22 | Report Abuse

Received Rm38mil contract
http://malaysiastock.biz/Company-Announcement.aspx?id=1135073

Posted by Maurice1688 > 2019-04-16 18:58 | Report Abuse

https://www.theedgemarkets.com/article/gadang-bags-rm385m-contract-build-bridge-trx

Posted by 2323 > 2019-04-16 19:07 | Report Abuse

Yessss

Posted by Happyman123 > 2019-04-16 21:51 | Report Abuse

Great!

Posted by Flower1 > 2019-04-16 23:44 | Report Abuse

Up up Tomoro

Posted by 4ever5 > 2019-04-16 23:44 | Report Abuse

last year July project from TRX was 78mil and completion by May2019. this round 38mil.. not much surprising though. just my 2cent

Posted by factorrumour > 2019-04-16 23:47 | Report Abuse

wah this timing announce, going to break 0.75 this time?

Posted by nckcm > 2019-04-16 23:59 | Report Abuse

Tomorrow continue down. Sel on news

Posted by Seremban > 2019-04-17 06:09 | Report Abuse

Today limit up

Posted by lizi > 2019-04-17 08:52 | Report Abuse

nowadays few hundreds million kind of project is good old days..

Posted by Gorgon > 2019-04-17 10:03 | Report Abuse

Gadang Holdings Bhd has bagged a contract worth RM38.52 million to build a tiered bridge connecting the northern and southern sites of Tun Razak Exchange Development (TRX) from TRX City Sdn Bhd.

Its unit Gadang Engineering (M) Sdn Bhd was awarded the contract to build the bridge, comprising a passage for vehicles, walkways for pedestrials, and a closed passage for utility installations on the ground floor.

The project is expected to commence on July 1 and is targeted for completion in the third quarter of 2020.

The Edge

Posted by Happy Investing > 2019-04-17 10:41 | Report Abuse

But price still down, bearish sign

Posted by Patrick13 > 2019-04-17 21:35 | Report Abuse

This is first contract Gadang won so far this year. Hope more to come especially from Sabah & Sarawak.

Posted by Takashi > 2019-04-17 23:50 | Report Abuse

bagus

Posted by paperplane > 2019-04-18 09:36 | Report Abuse

Gadang (GADG MK MYR0.69, Not rated): Bagged MYR38m TRX job

• Awarded a MYR38.5m contract by TRX City S/B.
• Earnings will be underpinned by ~MYR1.5b order book.
• Trading at 7.3x consensus FY5/20 EPS.

What’s New? Gadang’s wholly owned subsidiary, Gadang Engineering S/B, was awarded a MYR38.5m contract by TRX City S/B to build a tiered bridge connecting the northern and southern sites of Tun Razak Exchange Development (TRX). The project, which will commence on 1 Jul, is expected to be completed by 3Q20.

This is the first job win of the year, lifting its order book to approximately MYR1.47b, equivalent to 2.5x its FY5/18 revenue. Assuming a construction PBT margin of 11% (1HFY5/19: 11.9%), this project is expected to contribute ~MYR3.2m to its bottom line over the duration of the project.

Construction will remain key. The strong jobs pipeline implies that construction will remain as Gadang’s key earnings driver for the next few years. This division contributed ~46% to its 1HFY5/16 PBT. The group is targeting to secure up to MYR500m worth of jobs this year and it is tendering for some of the major projects such as the Pan Borneo Highway Sabah and hospital projects.

Property and utility. Apart from construction, Gadang’s earnings could also be propelled by 1) property division which have an unbilled sales of MYR100.8m – banking on Capital City integrated complex development in Johor, in which Gadang is entitled to 16.7% of the gross development value (GDV) amounting to MYR1.8b; and 2) utility division which currently operates four water treatment plants in Indonesia, which is expected to generate stable recurring income to the group.

Valuation. Against the healthy outlook, the street is forecasting a 152% 2-year EPS CAGR for FY5/19-21. Brokers are positively biased on the stock with two Buys and one Hold. The mean target price is MYR0.71. At current price, the stock is trading at 7.3x consensus FY5/20 EPS of 9.5sen.

Posted by WiseVictor > 2019-04-18 14:27 | Report Abuse

https://www.theedgemarkets.com/article/dwlgadang-consortium-jointly-bid-infrastructure-projects

Is this Gadang?

Posted by speedlikecy > 2019-04-18 15:08 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6129861

yes, hopefully more good news for gadang.

Posted by Jingweihan > 2019-04-18 17:02 | Report Abuse

2nd day buying

Posted by Ho Sook Ching > 2019-04-18 17:02 | Report Abuse

Good news two days but the prices no up.still down.......

Posted by imokay > 2019-04-18 18:38 | Report Abuse

Maybe already reflected in the past one week uptrend

Posted by Jingweihan > 2019-04-19 10:02 | Report Abuse

May be coming!

Posted by kevin008 > 2019-04-19 11:22 | Report Abuse

https://www.facebook.com/2017748508445204/posts/2370243386529046/

Posted by kevin008 > 2019-04-19 14:19 | Report Abuse

https://www.klsescreener.com/v2/news/view/518297

Posted by Ho Sook Ching > 2019-04-19 14:26 | Report Abuse

So gadang already link with dwl?

Posted by speedlikecy > 2019-04-19 14:42 | Report Abuse

yes, they are trying to bid construction project.

Posted by Ho Sook Ching > 2019-04-19 15:13 | Report Abuse

Why Dwl price up so much.but gadang still not move more?

Posted by kent_1 > 2019-04-19 15:24 | Report Abuse

QR will be out next week. Lets see if it is worth the wait. :)

Posted by speedlikecy > 2019-04-19 15:29 | Report Abuse

haha no idea, time will tell gadang worth to hold or not.

Posted by ZhugeNemo > 2019-04-19 19:23 | Report Abuse

time to revisit

Posted by Jingweihan > 2019-04-19 21:47 | Report Abuse

Buy b4 it's start to move!

Posted by Jingweihan > 2019-04-19 22:02 | Report Abuse

People will come here very soon

Posted by kevin008 > 2019-04-20 09:52 | Report Abuse

https://www.klsescreener.com/v2/news/view/518537

Posted by Jingweihan > 2019-04-20 10:51 | Report Abuse

Sure mari mari ong!

Posted by kevin008 > 2019-04-20 11:48 | Report Abuse

ecrl and pan borneo haha

Posted by kevin008 > 2019-04-20 12:20 | Report Abuse

On Thursday, DWL’s unit Million Rich Development Sdn Bhd (MRDSB) entered into the pre-bid consortium agreement with Gadang Engineering (M) Sdn Bhd (GESB).

GESB will have a 70% stake in the “DWL-Gadang Consortium”, while MRDSB will own the remaining 30%.

Industry sources say that this consortium will be gunning jobs in the recently revived East Coast Rail Link (ECRL) project and the massive Pan Borneo Highway, among others.

Posted by Ho Sook Ching > 2019-04-20 13:29 | Report Abuse

Monday gadang should fly with iwcity and ekovest

Posted by Harold Huong > 2019-04-20 13:50 | Report Abuse

Coming week release the result. EPF start dispose. How is result? Trader expect to fly but seem susah sikit

Posted by Jingweihan > 2019-04-20 14:51 | Report Abuse

They jv with dwl, something is happening, buy b4 it's happen

Posted by Patrick13 > 2019-04-21 11:27 | Report Abuse

Gadang works happy with TRX City for the existing TRX project. It may create the potential job award for the revival of Bandar Malaysia.
2 years ago, there's TRX City issued a statement for the dimissal of IWH-CREC share sale agreement, not from MOF or government.

Posted by EST85 > 2019-04-22 09:50 | Report Abuse

https://www.theedgemarkets.com/article/gadang-casts-eye-ecrl-jobs