Posted by azam87 > 2012-07-31 09:19 | Report Abuse

oh no

Posted by Knight > 2012-07-31 09:40 | Report Abuse

dun tell me 1st day drop so much>.<

Posted by Joyce Lang > 2012-07-31 09:42 | Report Abuse

ipo price?

Posted by user > 2012-07-31 09:42 | Report Abuse

Fair value 0.99

Posted by Knight > 2012-07-31 09:51 | Report Abuse

yalo once i buy in just saw 0.99 value=.=

Posted by azam87 > 2012-07-31 10:04 | Report Abuse

ipo 1.18

Posted by azam87 > 2012-07-31 10:08 | Report Abuse

Published: Tuesday July 31, 2012 MYT 9:12:00 AM
Gabungan AQRS opens below offer price


KUALA LUMPUR: Gabungan AQRS Bhd made its debut on the Main Board of Bursa Malaysia Securities on Tuesday at RM1.15, which was three sen below its offer price of RM1.18.

At 9.02am, it was trading at RM1.15. There were 4.50 million shares done.

The FBM KLCI was up 2.29 points to 1,635.27. Turnover was 23.57 million shares valued at RM17.91mil. There were 116 gainers, 33 losers and 82 counters unchanged.

Gabungan AQRS raised RM73.10mil from its listing exercise. The IPO involved the issuance of 62 million new shares at RM1.18 each.

Of the 62 million new shares, the 18 million new shares offered to the public were oversubscribed 0.51 times.

OSK Research had accorded a fair value of RM1.37 for the shares, based on 9.0 times FY20113 price-to-earnings ratio (PER).

It liked AQRS due to its decent orderbook strength, ambition to take its industrial building system to Sabah and Sarawak, as well as its potential to bag public-private partnership initiatives which would provide recurring earnings.

“With a target gross development value of RM1.44bil over the next few years, its property development business will propel earnings growth,” said OSK Research.

On Monday, Gabungan AQRS announced its unit, Gabungan Strategik Sdn Bhd, had secured a RM141mil contract from the Public Works Department (PWD). The turnkey contract involved upgrading roads in Negeri Sembilan.

Posted by mrK0K3N > 2012-07-31 11:00 | Report Abuse

GBAQRS ==> 'gabra'

Posted by ssali95 > 2012-07-31 12:05 | Report Abuse

Ayaaa.... hampeh punya AQSR

Posted by azam87 > 2012-07-31 15:34 | Report Abuse

3 headlines in a day but yet price don't move. sigh

Posted by wizzie > 2012-07-31 15:54 | Report Abuse

can anyone advise me what is the minimum price I can sell at to break even, if I purchase at IPO price of RM1.18? Thanks.

Posted by KC Loh > 2012-07-31 16:00 | Report Abuse

Wizzie, utilize this (input the appropriate numbers for brokerage, just preset minimum brokerage to 0 instead of 40):

http://protasco.listedcompany.com/investment_calculator.html

Posted by wizzie > 2012-07-31 17:16 | Report Abuse

thanks, kc loh... great help :)

Posted by KC Loh > 2012-07-31 17:20 | Report Abuse

<thumbs up!>

Posted by azam87 > 2012-08-13 09:26 | Report Abuse

takes forever

Posted by kong73 > 2012-08-23 07:10 | Report Abuse

a construction & ppty developer involved in bldg construction & Civil engnrg construction sub sectors such as the construction of comm, bldgs,residential,roads,bridges,flyovers,interchangers,schools. Very active in the govt initiated public-private sector partnership under the 10th malaysia plan.

Posted by Namoyaki Takarajima > 2012-08-23 08:26 | Report Abuse

this is the new IPO right. traders chow 1st day itself tht day. pending cornerstone to buy their share. (markets sentiment:not much attracted, PC done July 31st, 2012)

Posted by raizuddin > 2012-09-08 19:44 | Report Abuse

Better sale this counter and buy Ingress...can get better return

Posted by ling5214 > 2012-09-19 14:57 | Report Abuse

wat happen to this couter??? y suddenly will increase 1?

Posted by monreyes > 2012-11-29 12:36 | Report Abuse

worst than astro...

Posted by anbz > 2013-02-12 22:16 | Report Abuse

by the way, see what MOMO is telling about this at pasukgb stock quote in i3investor. now i understand why the majority shareholders of pasuk are so relax when pasuk tumbled , and so relax when it shot up to 82 cents, no profit taking except that 700,000 unit at 70 cents , so curious. now we know

Posted by ledzepp > 2013-02-15 15:27 | Report Abuse

ok the code ... 29, 71, 129,71,29,71,100,29,171,100,29,100,71

Posted by avucin > 2013-03-25 09:29 | Report Abuse

stupid counter, anbz , momo info is false info, i see that the trend for gbgaqrs is just like its brother mr. pasuk!!!

Posted by avucin > 2013-03-25 09:31 | Report Abuse

it is very clear that from the 4 th quarter financial result, gbbaqrs is definitely is not a RM1 counter!!!, it's should be a penny stock..

Posted by avucin > 2013-03-25 09:32 | Report Abuse

and now people who understand are dumping, the contra, goreng plus the stupid one will buy

Posted by avucin > 2013-03-25 09:36 | Report Abuse

u see what i'm saying? , now buyer at 0.995 , sell before.. disaster

Posted by Risk Trader > 2013-03-25 11:37 | Report Abuse

Sell...sell...sell....will fall below 0.90 cent

Posted by anbz > 2013-03-25 12:57 | Report Abuse

yes avucin... i've been duped also

Posted by anbz > 2013-03-26 15:04 | Report Abuse

mati ini kaunter sama macam pasuk

Posted by anbz > 2013-03-26 15:05 | Report Abuse

earning per share decrease by 70% year on year

Posted by anbz > 2013-03-26 15:07 | Report Abuse

glupp (ikut necro style) 0.945 reached... gllupp

Posted by necro > 2013-03-26 15:11 | Report Abuse

kuong ajo ko anbz...
mengejek aku...

Posted by sephiroth > 2013-03-26 15:14 | Report Abuse

1Q12 net profit 5.6m (not bad) 2Q12 9m (impressive)
3Q12 3.9m (slowing death) 4Q12 2.99m (die liao)

Posted by necro > 2013-03-26 15:22 | Report Abuse

PETANG NI KAUNTER OIL N GAS AMBIL GILIRAN...

Posted by anbz > 2013-03-26 16:00 | Report Abuse

0.935 reached

Posted by anbz > 2013-03-26 16:15 | Report Abuse

giliran? u mean jatuhkan?

Posted by anbz > 2013-03-26 16:19 | Report Abuse

0.93 reached... 0.925 waiting

Posted by anbz > 2013-03-30 22:17 | Report Abuse

this 'benard' one majority shareholder bought 770k units on 25 mac, and was announced on 28th mac .
either he thinks the value is too low, or he want to refrain it fr falling, or to make impression that the share is undervalued...
,
but what true is it fell on 28th also.
and the nta is only 0.42
it might go there or lower ... just like pasuk his brother

Posted by anbz > 2013-03-30 22:22 | Report Abuse

everyone(most actually) whom grabbed the falling knife , is now bleeding, the force selling for people who bought 28 and 28th mac will come . Nasib baik aku tak beli masa dia jatuh jadi 98sen itu hari , kalau tak...glupp (gangnam style)

Posted by anbz > 2013-03-30 22:28 | Report Abuse

chain reaction...don't be involved into the chaos..., let us buy mkland... if u sell gbgaqrs per unit at 91 cents , u can buy mkland 3 units with the same price, then wait for mkland to shoot up to around 80 cents, u may make your capital about 2.5 times... so don't be sad with gbgaqrs, move to other counter such as mkland, and act fast before u lose more!!!

Posted by BC475654 > 2013-04-05 23:41 | Report Abuse

Down 26.5 sen within 1 mth for no apparent reason.Today up 2 sen 40 mins b4 closing.More to come next week.Let see.

Posted by Koay YP > 2013-04-08 11:58 | Report Abuse

morning star! get ready for those who bled catching the falling knife

Posted by fhis > 2013-04-08 15:57 | Report Abuse

guess it is attractive now at 0.895-0.90...see maybe will have last minute buy up today to 0.93!! fingers crossed.

Posted by fhis > 2013-04-10 15:00 | Report Abuse

seems like moving again...sit tight...can get to 0.96 today?

Posted by fhis > 2013-04-10 16:12 | Report Abuse

moving up slowly.. :)

Posted by fhis > 2013-04-11 16:10 | Report Abuse

moving again...0.96 by the close...hopefully

Posted by jjs2 > 2013-04-11 16:23 | Report Abuse

"AQRS launches new project in Iskandar"

just see this news..hopefully it will go up~~

Posted by fhis > 2013-04-11 16:42 | Report Abuse

where did u see the news from? latest?

Posted by jjs2 > 2013-04-11 16:53 | Report Abuse

Copy to u..

Posted by jjs2 > 2013-04-11 16:53 | Report Abuse

AQRS launches new project in Iskandar


Publish date: Thu, 11 Apr 14:52 | >> Read article in News website

Back
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Gabungan AQRS Bhd, a niche lifestyle property developer, has launched a new property development, The Peak @ Jalan Temenggong, in Iskandar Malaysia with a total gross development value of RM600 million.

Its executive director Ow Chee Cheoon said The Peak comprises six 41-storey blocks, with a total of 668 units of Sky Villa serviced apartments.

In a statement here today, he said The Peak, the company's first property project in Iskandar, is a luxurious freehold development in a prime location that is easily accessible.

Jalan Tebrau, which is an integrated major rail system with multiple expressways providing easy accessibility to major areas within the Iskandar City, is located strategically just beside The Peak.

Ow said the show unit, which was opened for public review in Iskandar on April 6, has received a lot of interest from Malaysian, Singaporean and Indonesian buyers.

The property, which is expected to be completed in 2015, is targeting local and foreign buyers, he said.

Gabungan AQRS, which is also a construction and engineering service provider, said the Peak will add to its current construction projects and property development portfolio of RM1.23 billion in GDV.

"The project is expected to contribute significantly to the company's top and bottom line in coming years, providing higher value for our stakeholders," Ow added.

Gabungan AQRS' current development portfolio includes MRT Package V1, Kuala Lumpur with a GDV of RM303.5 million; Contours, Ampang with a GDV of RM157.3 million; Permas Centro, Iskandar Malaysia with a GDV of RM127.3 million; and The Avenue, Selangor with a GDV of RM207.6 million.

Ow said the company is optimistic on the positive outlook for the Johor property market this year, particularly in Iskandar Malaysia, which has been progressing well in the last six years and has brought great changes to the landscape of the property market in the South Johor region.

He said there is still so much room and potential to grow for the Johor property market compared to Kuala Lumpur and Penang, where prices have reached a higher range.-- Bernama