GABUNGAN AQRS BERHAD

KLSE (MYR): GBGAQRS (5226)

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Last Price

0.355

Today's Change

-0.01 (2.74%)

Day's Change

0.355 - 0.37

Trading Volume

2,431,500


4 people like this.

3,166 comment(s). Last comment by Michael Kwok 2 weeks ago

UncleFollower

1,031 posts

Posted by UncleFollower > 2023-10-06 11:01 | Report Abuse

Ok lol



newbie9893

goreng up confirmed..buy now

17 minutes ago

newbie9893

1,813 posts

Posted by newbie9893 > 2023-10-06 11:12 | Report Abuse

last chance to buy GBBAQRS@0.365, you won't be able to get this price next week

newbie9893

1,813 posts

Posted by newbie9893 > 2023-10-06 11:23 | Report Abuse

0.37 cleared

newbie9893

1,813 posts

Posted by newbie9893 > 2023-10-06 11:29 | Report Abuse

Get ready for turbo speed ...

UncleFollower

1,031 posts

Posted by UncleFollower > 2023-10-06 11:33 | Report Abuse

Good job newbie

newbie9893

1,813 posts

Posted by newbie9893 > 2023-10-06 14:33 | Report Abuse

wah..0.38 liao..

newbie9893

1,813 posts

Posted by newbie9893 > 2023-10-06 14:46 | Report Abuse

watch out WCT as well. will shoot up very soon

newbie9893

1,813 posts

Posted by newbie9893 > 2023-10-06 15:02 | Report Abuse

next econbhd in the making...well done operator

newbie9893

1,813 posts

Posted by newbie9893 > 2023-10-06 16:00 | Report Abuse

cleared 0.38 as well...sui sui

UncleFollower

1,031 posts

Posted by UncleFollower > 2023-10-07 17:43 | Report Abuse

Well done newbie, perfect timing

UncleFollower

1,031 posts

Posted by UncleFollower > 2023-10-09 09:32 | Report Abuse

CIMB today

The stock has been consolidating for a month after hitting the RM0.405 high in
early September. Last Fridayโ€™s long white candle pushed prices up to close
above the 20-day EMA again, supported by a higher trading volume. The bullish
gap up and coupled with the higher lows formation from the RM0.26 low, suggest
that prices may continue its medium-to-longer term uptrend.
The Moving Average Convergence Divergence (MACD) showed easing
pressure while the Relative Strength Index (RSI) has strengthened further,
keeping the positive momentum intact.
We think that aggressive traders may want to go long now with a stop-loss set
at RM0.34 (a tick below the 50-day EMA). This breakout may lift prices towards
RM0.405 and our Fibonacci target RM0.42 (1.236)

sten_still

363 posts

Posted by sten_still > 2023-10-12 12:32 | Report Abuse

hsseb moving up everyday, this one reverse move haha...ok be patient

UncleFollower

1,031 posts

Posted by UncleFollower > 2023-10-14 15:55 | Report Abuse

Revival of Temasya LRT station will be AQRS's

UncleFollower

1,031 posts

Posted by UncleFollower > 2023-10-16 12:17 | Report Abuse

Mega infra projects: opportunities in LRT3 and Pan Borneo Sabah Highway. The
project value for LRT3 has been upsized by RM5b (reinstatement of five stations) while the
award of Pan Borneo Sabah Highway (PBSH) has been indicated to be in November. The
beneficiaries are MRCB for the former project, and potentially Gabungan AQRS for the
latter project. The expected rollout of new mega projects in 2024 (MRT3, PBSH) also
implies improving demand for the building material (particularly cement) sector.

UncleFollower

1,031 posts

Posted by UncleFollower > 2023-10-18 10:14 | Report Abuse

@jackson dry powder ready? ๐Ÿ˜†

UncleFollower

1,031 posts

Posted by UncleFollower > 2023-10-18 16:59 | Report Abuse

Very attractive. All the goodies remain. Niceeeeeee

UncleFollower

1,031 posts

Posted by UncleFollower > 2023-10-19 12:23 | Report Abuse

Market cap 181M. This is one of the easiest counters in construction theme to hold and make a larger % than normal. But it will always be difficult buying/holding through the period of consolidation. It will touch 38-39 again. It may repeat and come down again. The question is will you be selling all at 38-39, and then when consolidation is finally over, miss out on the much bigger move that shall come

UncleFollower

1,031 posts

Posted by UncleFollower > 2023-10-19 12:24 | Report Abuse

If I am not wrong...current Agong is AQRS's CEO's partner in Tanah Makmur. But that's probably irrelevant. For almost the full term, other than KotaSAS admin centre, we don't see AQRS getting any favours

UncleFollower

1,031 posts

Posted by UncleFollower > 2023-11-07 12:44 | Report Abuse

I suppose it's brighter than it has ever been in the past 5 years ๐Ÿ˜Ž

UncleFollower

1,031 posts

Posted by UncleFollower > 2023-11-16 17:56 | Report Abuse

Full slate now ๐Ÿ˜

ZenSen

56 posts

Posted by ZenSen > 2023-11-24 16:03 | Report Abuse

no news no power up

Michael Kwok

5,960 posts

Posted by Michael Kwok > 2 months ago | Report Abuse

Buy call 28-33 cents
Advice buy as much as possible.
Tp 50 cents range.
28/11/23 1.25pm

UncleFollower

1,031 posts

Posted by UncleFollower > 2 months ago | Report Abuse

Added back to 125% exposure

Below 30c going for 200% exposure ๐Ÿ˜†

Totally

59 posts

Posted by Totally > 2 months ago | Report Abuse

when trade has no movement means what ?

UncleFollower

1,031 posts

Posted by UncleFollower > 2 months ago | Report Abuse

In this particular case, it probably means...nothing. It shows a lack in trading interest, sellers not willing to sell buyers not willing to buy (got scared after being flushed so many times). It looks like we have a smallish operator here. Squeezing every penny before they goreng

UncleFollower

1,031 posts

Posted by UncleFollower > 2 months ago | Report Abuse

It is nonetheless progressing beautifully, even if it only holds here for the next 2 months. Then the trading range would have firmly changed and this 32-33c range is the new bottom w strong support. I think it takes bad news - counter specific or sector wise to bring it down to sub-30 again. And I think the downside risk is low very low. Numerous catalyst for AQRS, if we hit just half of those objectives 40c should be the new range.

Totally

59 posts

Posted by Totally > 2 months ago | Report Abuse

Thanks for your response

UncleFollower

1,031 posts

Posted by UncleFollower > 2 months ago | Report Abuse

Market leaders being bombed, sector showing deep red. On a 2 months basis AQRS is outperforming the likes of UEMS Ekovest WCT by about 7-8%...KSL is making good money and down 6%

UncleFollower

1,031 posts

Posted by UncleFollower > 2 months ago | Report Abuse

So lucky we lost less in AQRS, or it's only a matter of time AQRS falls like the rest ๐Ÿ˜ถ

eddy888

320 posts

Posted by eddy888 > 2 months ago | Report Abuse

THE PEAK condo still the killing point which contributed 3.4M (0.6 cent) loss per quarter. Really bad if this abandoned project continue burning the money without stop bleeding. I'm curious what has been done by CEO or those directors continue getting the high salary & allowances but no action being taken. All the projects currently on hand keeping on delaying from committed date such as PPSSS, E'ISLAND LAKE HEAVEN RESIDENCE, SUKE & LRT3. Can check the review for these projects at Google.

eddy888

320 posts

Posted by eddy888 > 2 months ago | Report Abuse

Noticed that company seldom update progress & prospect on current or future projects. Is this due to agreement with syndicate in order to pull down the share price & collecting the share at cheap price before boost up? What can we do as retailer investors is holding the share & lock at safety box. The price will surely big jump in one day but don't know how long we can wait. Hahaha.

eddy888

320 posts

Posted by eddy888 > 2 months ago | Report Abuse

E'island lake heaven residence have sold 95% but project completion keep on extend from Q4'23 to Q1'24, then extend again to Q2'24. Now further delay to Q3'24 as per feedback from owner who bought the unit since 2019 with reason shortage of workers. If complete early, then company will receive a big amount & huge profits need state at quarterly report, but syndicate not yet collect enough share. Will this is the reason causing project delaying? Only company directors & CEO will know. We can see now the share price is low but why top 2 shareholders didn't accumulate the share? Will this also an agreement between them & syndicate? Whi know?

UncleFollower

1,031 posts

Posted by UncleFollower > 2 months ago | Report Abuse

eddy you're too optimistic, even though I am AQRS supporter ๐Ÿ˜‚ I dont believe they intentionally delay to collect shares...the reason they delay work is only cashflow. For the Peak they have decided that it's cheaper to pay LAD than to complete it. For E Puchong they have EOT and they are prioritising Govt jobs before going back to complete E Puchong

UncleFollower

1,031 posts

Posted by UncleFollower > 2 months ago | Report Abuse

AQRS is a bumi contractor, their game is really not in private development projects - it's not a bad move, they get good deals and they treat it like a turnkey project with higher margin. This is for them to tide over the difficult times only. Their key rerating catalyst must come from big infra

eddy888

320 posts

Posted by eddy888 > 2 months ago | Report Abuse

Unclefollower, thanks for info sharing.

UncleFollower

1,031 posts

Posted by UncleFollower > 2 months ago | Report Abuse

https://www.astroawani.com/berita-malaysia/kerajaan-pandang-serius-kelewatan-pelaksanaan-projek-pan-borneo-di-sabah-449203

Anwar is shouting at Sabah to expedite Pan Borneo works. To what extent they can implement remains to be seen. This is one of the most visible catalyst to rerate. AQRS-Suria Cap JV still on? Unknown. JV better, Suria is local, Sabah is very protective of locals. Anwar wants transparent tender - this is definitely good for AQRS. There are not that many contractors who has the big infra track record. AQRS's chances ok. AQRS's pre-cast fab plant JV w Sabah Econ Board. IF these 2 parts don't give AQRS...well it remains a fair chance they don't get it - last round they got nothing. Hopefully Anwar effect means Sabah can prioritise transparency and fair tender over cronyism

UncleFollower

1,031 posts

Posted by UncleFollower > 2 months ago | Report Abuse

Another is Temasek station reinstatement. This was AQRS's job which was slashed. It's odd not to give it back to AQRS. But if AQRS doesn't get it, it really shows that AQRS is quite weak already

UncleFollower

1,031 posts

Posted by UncleFollower > 2 months ago | Report Abuse

Market often reacts before announcement. Recent clear examples, YTL, even UEMS, even Ekovest. AQRS however, really shows no insider movements i.e. it shows no indication AQRS will be getting anything soon at all.

However, market cap is so small, small volume can spike the share price. Really hard to tell, and really a small cap counter. Who was buying it so heavily from 37-40? I was able to constantly sell at 38-39 for days at that time. Later on I would easily buy back at 36 and resell at 38. What's the operator doing? No idea. After the crash, there was a day they keep taking up everything at 35, before pushing it down to 32.5. Becauuse it's small cap the margin is there, what's their game plan?

eddy888

320 posts

Posted by eddy888 > 2 months ago | Report Abuse

I didn't any news update at recent quarter reports. The same update as per few reports being announced. As what I can see, the company didn't plan to grab new projects. I believe company will focus to quickly complete existing construction projects before fully transform to property field which have higher margins. But base on current e'island & the peak property progress, a very bad reputation on project completion. This will be the challenge if company fully transform to property developer later.

UncleFollower

1,031 posts

Posted by UncleFollower > 2 months ago | Report Abuse

Yeah you're right jackson, forget what I said about small market cap, it's always misleading to amateurs like myself ๐Ÿ˜‚

eddy888

320 posts

Posted by whywantcheat > 2 months ago | Report Abuse

iwcity fly, when your turn

UncleFollower

1,031 posts

Posted by UncleFollower > 1 month ago | Report Abuse

Hmm .375 matched

UncleFollower

1,031 posts

Posted by UncleFollower > 1 month ago | Report Abuse

Hmm. .390 matched

UncleFollower

1,031 posts

Posted by UncleFollower > 1 month ago | Report Abuse

Hmm .375 matched, again.

eddy888

320 posts

sten_still

363 posts

Posted by sten_still > 1 month ago | Report Abuse

a matter of time to up

Posted by Gabriel Khoo > 1 month ago | Report Abuse

Mrcb...the previous partner for lrt3

Michael Kwok

5,960 posts

Posted by Michael Kwok > 2 weeks ago | Report Abuse

Price 36 cents
Support 34 cents
If support not break many times,it will going to after 45 cents;or even touching 50 cents range if momentum strong.
8/2/24 1.06pm
Please add me,as the followers or paid.

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