GADANG HOLDINGS BHD

KLSE (MYR): GADANG (9261)

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Last Price

0.31

Today's Change

0.00 (0.00%)

Day's Change

0.31 - 0.31

Trading Volume

144,500


38 people like this.

37,595 comment(s). Last comment by geary 4 weeks ago

Posted by riskabsorber > 2019-05-10 09:17 | Report Abuse

Haha, I presume you are not buy at 66sen but is at 90sen. From contra kaki to hold long long kaki.

Posted by SharehlderOppression > 2019-05-10 10:29 | Report Abuse

Gadang's intrinsic value as a company should be worth roughly 91c

Patrick13

1,971 posts

Posted by Patrick13 > 2019-05-10 16:41 | Report Abuse

Gadang-DWL can ready to tender for ECPL project

Posted by riskabsorber > 2019-05-13 09:27 | Report Abuse

I don't think they can get anything from ECRL. Judging from the past performance.

Posted by InvestsucessTrader > 2019-05-13 09:31 | Report Abuse

Even they get the contract by JV, the company gets very little ,as in the star today,

Posted by riskabsorber > 2019-05-13 09:44 | Report Abuse

Yes, I better wait at below 60sen.

Posted by Crash123456buiA > 2019-05-13 22:14 | Report Abuse

Marketing tmr dropped 52pts, Gadang 0.61

Posted by Crash123456buiA > 2019-05-13 22:15 |

Post removed.Why?

Posted by Charles Chan > 2019-05-14 10:33 | Report Abuse

when is 0.6 come

Posted by kamcheonghui > 2019-05-14 15:16 | Report Abuse

Some sifu what is the potential stock to buy for some gain

Posted by InvestsucessTrader > 2019-05-14 15:20 | Report Abuse

Better buy econpile, every IB recommened ,

Posted by musangking998 > 2019-05-14 15:22 | Report Abuse

Cut now or wait?

Posted by Crash123456buiA > 2019-05-14 19:42 | Report Abuse

Buy tmr 0.98

gojo

120 posts

Posted by gojo > 2019-05-14 19:57 | Report Abuse

tomorrow 0.90

Jingweihan

1,605 posts

Posted by Jingweihan > 2019-05-16 15:18 | Report Abuse

Slow slow ar

Avantador

202 posts

Posted by Avantador > 2019-05-16 15:30 | Report Abuse

Starting to move .....

Posted by birkincollector > 2019-05-16 17:02 | Report Abuse

Green when all construction counters dropped. Submitted ECRL tender officially??

volks2

1,116 posts

Posted by volks2 > 2019-05-16 17:06 | Report Abuse

got chance?

lawrgan

715 posts

Posted by lawrgan > 2019-05-16 22:47 | Report Abuse

Sarawak 11billion road projects to be awarded. Announced by Deputy Chief Minister

lawrgan

715 posts

Posted by lawrgan > 2019-05-16 22:48 | Report Abuse

Think Gadang and DWL will be submitting their tender...

shamazia

64 posts

Posted by shamazia > 2019-05-17 08:59 | Report Abuse

Gap up today

volks2

1,116 posts

Posted by volks2 > 2019-05-17 09:10 | Report Abuse

hope today will touch 88 cents

Patrick13

1,971 posts

Posted by Patrick13 > 2019-05-17 09:27 | Report Abuse

By RHB Research

Buy

Target price: 95 sen

THE financial year ending May 31, 2019 (FY19) has been relatively uneventful for Gadang, as it secured new orders amounting to RM136mil as compared to RM475mil in FY18.

The new orders comprised two Tun Razak Exchange (TRX) packages and a fire fighting facility for Rapid Pengerang.

The group’s outstanding construction order book stood at RM1.3bil compared to RM1.6bil a year ago.

The management highlighted that it has been focusing on completing existing jobs to ride out the period of uncertainty.

It is noteworthy that the upcoming completion of the Rapid contract is in June, where Gadang has submitted a variation order that could be recognised in the first half of FY20, if approved.

Gadang also announced that it is forming a pre-bid consortium with DWL Resources Bhd
image: https://cdn.thestar.com.my/Themes/img/chart.png

and will take up a 10% stake in the company for RM18mil.

The group views this as a strategic move as it allows both companies to leverage on each other’s strength to improve their chances in tenders.

Additionally, Gadang noted its interest in participating in the pre-qualification tender for the East Coast Rail Link, as well as tenders for further TRX, Rapid and hospital projects in order to replenish its construction order book.

As for its property division, Gadang’s unbilled sales stood at RM93mil as at Feb 2019, down from RM134mil last year, with only one new launch in Dec 2018 – Putra Perdana which has a gross development value of RM173mil.

Gadang has also revised the joint-venture terms for its Capital City project in Johor Bahru, where it is the landowner.

The revised terms, if approved, could see the company realising RM100mil worth of contra properties as balance payment for its revised RM250mil entitlement sum.

https://www.thestar.com.my/business/business-news/2019/05/17/analyst-reports/

Posted by speedlikecy > 2019-05-17 10:42 | Report Abuse

believe no problem to hit 95sen if secure new project.

chamlo

1,300 posts

Posted by chamlo > 2019-05-17 13:39 | Report Abuse

DWL left 80.5 so lose 10 sen?

Victor Tan

117 posts

Posted by Victor Tan > 2019-05-17 15:18 | Report Abuse

heard confirm prequalify for ECRL

Posted by InvestsucessTrader > 2019-05-17 15:22 | Report Abuse

those already qualify in 2017 pre qualifying tender doesn't need to tender again as stated in the star newspaper last week.( Econpile also already qualify)

4444

1,800 posts

Posted by 4444 > 2019-05-19 14:33 | Report Abuse

No official agent or lobbyist of the ECRL project: Contractor
https://www.thesundaily.my/local/no-official-agent-or-lobbyist-of-the-ecrl-project-contractor-GH889822

anticonman

533 posts

Posted by anticonman > 2019-05-19 14:54 | Report Abuse

ECRL warns against 'lobbyist' offering contracts in rail project
https://www.malaysiakini.com/news/476678

lawrgan

715 posts

Posted by lawrgan > 2019-05-19 23:22 | Report Abuse

Pls sell Gadang and DWL as they will not be getting any contract from direct tender.

c2k9791

275 posts

Posted by c2k9791 > 2019-05-19 23:46 | Report Abuse

Roti Canai news again...hihi

Patrick13

1,971 posts

Posted by Patrick13 > 2019-05-20 12:22 | Report Abuse

Why worry? Gadang not afraid for open tender.

sell

2,457 posts

Posted by sell > 2019-05-21 21:27 | Report Abuse

Why cannot wait DWL QR before buying?

lizi

1,968 posts

Posted by lizi > 2019-05-22 14:13 | Report Abuse

look at DWL chart, from 70 plus sen to RM2.00 and back to 70 plus sen in a month.....that's very impressive.....gadang is having paper loss now.....bad trader huh.....

c2k9791

275 posts

Posted by c2k9791 > 2019-05-22 18:10 | Report Abuse

Wait and see. Trust yourself.

3iii

13,340 posts

Posted by 3iii > 2019-05-23 16:14 |

Post removed.Why?

qqq3

13,202 posts

Posted by qqq3 > 2019-05-23 16:22 | Report Abuse

don't blame KYY for sacking KC.........


good advisers understand the needs and thinking of those he advises......

3iii

13,340 posts

Posted by 3iii > 2019-05-23 16:24 | Report Abuse

qqq3

I am of the opinion that KYY's recent investments did not show he has good business sense.

Patrick13

1,971 posts

Posted by Patrick13 > 2019-05-24 10:26 | Report Abuse

Sold at 0.80 to secure profit.

c2k9791

275 posts

Posted by c2k9791 > 2019-05-27 20:43 | Report Abuse

Beh & Kay not much different actually. I like kay little bit....

Posted by InvestsucessTrader > 2019-05-27 21:24 | Report Abuse

Suggest econpile, QR profit improved 163%,

Posted by speedlikecy > 2019-05-28 17:24 | Report Abuse

https://www.klsescreener.com/v2/announcements/view/29058362

On behalf of Gadang, TA Securities wishes to announce that the Board has on 28 May 2019 (“Price-fixing Date”) fixed the issue price for the 66,172,000 Placement Shares at RM0.77 each (“Issue Price”).



The Issue Price of RM0.77 is at a discount of approximately RM0.0569 or 6.88% to the 5-day volume weighted average market price of Gadang Shares up to and including 27 May 2019, being the last market day immediately preceding the Price-fixing Date, of RM0.8269 per Gadang Share.



This announcement is dated 28 May 2019.

KFR847

20 posts

Posted by KFR847 > 2019-05-30 09:12 | Report Abuse

will it rise?

Posted by Chenghenglee > 2019-05-30 09:38 | Report Abuse

better run

Trader8888

138 posts

Posted by Trader8888 > 2019-05-30 18:26 | Report Abuse

If tomorrow break and stay above 82 we'll see gadang fly... if break and stay below 80 better run

Trader8888

138 posts

Posted by Trader8888 > 2019-05-30 18:41 | Report Abuse

if pp @77.. i dont think gadang will fall below 80... gadang will fly soon.. coz if not, it will fall hard even below 77..

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