Posted by kancs3118 > 2020-05-18 13:55 | Report Abuse

Kok Onn is a very conservative business man ...

Posted by kancs3118 > 2020-05-18 13:56 | Report Abuse

Hopefully, this back door government in an effort to rejunevate the economy...needs to dish out mega construction projects...hopes Gadang get a slice of it ..Gadang don't simply bid for projects...they donut very selectively ....

Posted by kancs3118 > 2020-05-18 13:56 | Report Abuse

Just that hope their Singapore venture will be as successful as Pintaras Jaya

Posted by kancs3118 > 2020-05-18 13:58 | Report Abuse

Their property division ...majority is via JVs...which is good because they don't need to incur huge loans to buy land....property development costs almost 700M...so, let us see how they clear their property stocks...but chairman has reiterated again and again that focus is on affordability....something like Mah Sing....

Posted by kancs3118 > 2020-05-18 15:21 | Report Abuse

Do you think it will hit 45 cents ?

Posted by MingGoon > 2020-05-18 15:33 | Report Abuse

kancs3118 Do you think it will hit 45 cents ?
18/05/2020 3:21 PM

Kancs : of course it ..near term should reach 0.5
Before end of this month, going to be announcement on project revival... economy stimulus on contructions and property....

Gadang at 0.42 now is very cheap...
Gadang is a cash rich company.... Many order books...
Now leading towards the announcement date, will see Gadang slowly up trend...
buy now... and get more profit....

Gadang... TP 0.65

Posted by Keyman188 > 2020-05-18 16:17 | Report Abuse

OMG......0.430 liao....already break 0.425 earlier hit..........

Posted by Keyman188 > 2020-05-18 16:21 | Report Abuse

OMG......0.435 liao....heading 0.450 lorrr...........

Posted by Keyman188 > 2020-05-18 16:23 | Report Abuse

OMG......touching 0.445 liao....heading 0.450 lorrr...........

Posted by MingGoon > 2020-05-18 16:26 | Report Abuse

Gadang... Heard secure big project...
That why now Gadang go up 0.445

At 0.445 .. still very cheap...
Tomorrow, when this news more people know... Gadang will be higher..

Tomorrow Gadang will go up more ...
Hurry, now still cheap 0.445

Gadang TP 0.65

Posted by PresidentRotiCanai > 2020-05-18 16:26 | Report Abuse

Finally breakout, buy gadang now.. QR had been released if compared to others

Posted by PresidentRotiCanai > 2020-05-18 16:26 | Report Abuse

Breakout

Posted by Keyman188 > 2020-05-18 16:32 | Report Abuse

OMG......touching 0.450 liao....soon heading to 0.48 lorrr...........

Posted by Keyman188 > 2020-05-18 17:06 | Report Abuse

Happy today !!!............

Already break 0.450.......closing @ 0.455 (new high)..........

Who left behind last week......sure hamtam kaki sendiri liao.......

Posted by khpwwl > 2020-05-18 17:08 | Report Abuse

That why I said... 此地无银三百両，why everyone apply for late submission where else gadang fast announced that they made profit lesser compare last few qtr

Posted by Keyman188 > 2020-05-18 17:23 | Report Abuse

I also don't know what to advise lahhh.....

Keyman188 already highlighted earlier......Seem like nobody listen...

All deployed counters today up...up...up......kekeke...kekeke....


Posted by Keyman188 > May 14, 2020 6:16 PM | Report Abuse X

Currently I deploy my funds into 3 main small cap construction counters......

1) Gadang

2) Muhibbah

3) KimLun

Posted by kancs3118 > 2020-05-18 17:44 | Report Abuse

@ Ming Goon, ...sure boh ? Got rumor that Gadang win contract ? Don't shiok sendiri leh....last time Gadang spike up due to partnership with DWL - got rumor that they will win multi billion contract ...end up now, DWL is in the drain with share price at 20cents...and Gadang is suffering from Fair Value losses / write down....

All these rumor ...better take it with a pinch of salt leh...

In the quarterly report, Gadang has mentioned the construction division is foresees difficulties in securing construction contracts leh ...due to limited jobs going around with too many competitors...

Posted by BaybieShark > 2020-05-18 17:54 | Report Abuse

ecrl hsr mrt3 Johore double track

Posted by mf > 2020-05-18 17:54 | Report Abuse

Dow futures jump nearly 300 points, rebounding from last week's losses

Posted by IvanC > 2020-05-18 18:13 | Report Abuse

engine start, buy

Posted by PresidentRotiCanai > 2020-05-18 18:29 | Report Abuse

Tomorrow all gloves counter money come to construction counter

Posted by brucechun > 2020-05-18 18:32 | Report Abuse

https://www.theedgemarkets.com/article/ecrl-gets-green-light-kota-barudungun-realignment?fbclid=IwAR3rEEvNS1DG-JV3HE9U9dRQblzvw_kgWP0dz_AX2DAmHVwnR93lgIIVA5Y#.XsJLAh_kdJ8.facebook

Posted by kancs3118 > 2020-05-18 18:38 | Report Abuse

Have they called for tender ?

Posted by Smart Beginners > 2020-05-18 21:56 | Report Abuse

Hello guys.. congrats for the win...

Posted by kancs3118 > 2020-05-18 22:18 | Report Abuse

But there is a limit to how high it can go...the PE is already almost 10 ..P/E : 10

Posted by kancs3118 > 2020-05-19 07:30 | Report Abuse

good news today...
Dow Jones rally up
Moderna vaccine for Covid 19 shows promising results...

all these points to ->

THE GREATEST SHOW ON EARTH MUST CONTINUE

Posted by Shinju_Nosuke > 2020-05-19 09:55 | Report Abuse

Suddently all uturn..no manage to sell early..coz MIB hang...huhu

Posted by PresidentRotiCanai > 2020-05-19 10:01 | Report Abuse

Go go gadang

Posted by laychee > 2020-05-19 10:33 | Report Abuse

But we have long holiday ahead....

Posted by kancs3118 > 2020-05-19 11:03 | Report Abuse

See ..my prediction is accurate ....there is a limitation to how high it can fly due to the PE ratio at near to 10.

Posted by kancs3118 > 2020-05-19 11:23 | Report Abuse

Kim Lun PE is less than 5....still got legs to run...but then, the debt level scared the shit of me...

Posted by smarturban > 2020-05-19 14:21 | Report Abuse

very soon will go up with some projects soon to be annouced

Posted by kancs3118 > 2020-05-19 15:36 | Report Abuse

Yah yah...same old... same old....nothing new...

Posted by Trader_Kental85 > 2020-05-19 16:47 | Report Abuse

why so sudden go down... yesterday have good momentum...

Posted by kancs3118 > 2020-05-19 16:53 | Report Abuse

Boss...PE already 10 ..how much do you expect it to fly ?

Posted by Smart Beginners > 2020-05-19 17:13 | Report Abuse

Today volume are not higher than yesterday. Will continue go up in next few days

Posted by kancs3118 > 2020-05-19 17:35 | Report Abuse

@ smart beginners - what do you mean ?

Posted by mrknowled > 2020-05-19 19:19 | Report Abuse

Mean got show until end of may

Posted by Trader_Kental85 > 2020-05-19 19:21 | Report Abuse

kancs3118...can i know how u calculate that PE and how do u related with the price movement.. can u share u knowledge

Posted by kancs3118 > 2020-05-19 19:27 | Report Abuse

Trailing PE can be based on the quarterly results.
At current price ...PE almost 10.
Meaning on a profit growth point of view, the company is fairly valued.

Needs Gadang to bring in more profit for share price to further increase. At current PE 10, limited headroom.

Posted by kancs3118 > 2020-05-19 19:29 | Report Abuse

But if you look at Kim Lun, PE of 4.+, Plenty of headroom for them to go up. But PE just tells you about profit (PnL) side but not the balance sheet side. Kim Lun is loaded with plenty of debt. Another thing is that Kim Lun accepts works from private sectors compared to Gadang which is mainly government works. But Kim lun's strength comes from their concrete manufacturing . This will provide then consistent cash flows.

Posted by BaybieShark > 2020-05-19 19:34 | Report Abuse

unless mrt3 and hsr is on then it will get higher forward PE

Posted by Ice Sea > 2020-05-19 21:33 | Report Abuse

gadang recorded loss on last year q4....cal continously earn at minumum 1.5 sen each quarter, pe 10 should be at 0.6. plenty of room to go.

Posted by laychee > 2020-05-20 09:55 | Report Abuse

It now depends on whether these companies will tender for government projects.

PE not important anymore. Cash on hand is important now.

Posted by Ice Sea > 2020-05-20 10:13 | Report Abuse

yes, the greatest catalyst to move construction share price now is news.......whether government open tender new project or resume of major project

Posted by Armageddon > 2020-05-20 11:20 | Report Abuse

Gadang look very weak, is time to jump ship wait for Lower price for opportunity!

Posted by Keyman188 > 2020-05-20 11:24 | Report Abuse

Don't expect in the short term can rebound back above 0.460.....

In fact yesterday already caught a lot of ppl at the range of 0.460 ~ 0.480......

Very high possibility coming retest support level 0.385 / 0.390 again before reach back above 0.460......

Unless got good news for construction sector then might be got chance rebound back......

Posted by Keyman188 > 2020-05-20 11:26 | Report Abuse

Just now already small catch little fish @ 0.430 / 0.435......

Afternoon more painful......

Posted by kancs3118 > 2020-05-20 13:59 | Report Abuse

@ Armageddon...yeah.
I concur....Gadang sux big time....shitty construction counter....

Posted by Armageddon > 2020-05-20 14:51 | Report Abuse

kancs3118 by hook or by crook,I agreed with you this shitty company! Pls drop the price below 0.30 by this week!!!