GABUNGAN AQRS BERHAD

KLSE (MYR): GBGAQRS (5226)

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Last Price

0.285

Today's Change

-0.005 (1.72%)

Day's Change

0.28 - 0.285

Trading Volume

463,600


4 people like this.

3,186 comment(s). Last comment by ZenSen 3 weeks ago

secret1q

276 posts

Posted by secret1q > 2018-07-13 05:59 | Report Abuse

The jump down gap to be close, jump up to 1.56 today

Posted by 一卖 就涨 > 2018-07-13 09:01 | Report Abuse

wow 1.30 reach wa price

clementlee

443 posts

Posted by clementlee > 2018-07-13 09:55 | Report Abuse

Q report abnormally out fast ..sure for market markers to unloading some of their share in hand ..beware ...

clementlee

443 posts

Posted by clementlee > 2018-07-13 09:55 | Report Abuse

WA already finallised , tats why now price start to fly ...

clementlee

443 posts

Posted by clementlee > 2018-07-13 09:56 | Report Abuse

sell now OR wait another round of jack maybe till 1.44 then can sell bit heavy sellers again ?

Bullshit

100 posts

Posted by Bullshit > 2018-07-13 11:18 | Report Abuse

Ini org besar mari main, saya nak juga lah

wantousek

533 posts

Posted by wantousek > 2018-07-13 13:16 | Report Abuse

ok sell now

secret1q

276 posts

Posted by secret1q > 2018-07-13 15:44 | Report Abuse

result so good but cannot stand firm, how come?

opportunity or treat?

wantousek

533 posts

Posted by wantousek > 2018-07-13 16:06 | Report Abuse

because brahmal is here

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-07-13 16:32 | Report Abuse

WA obsoleted already lah. Average 1.17 jst hold waiting for free warrant WB.

nasaie24

1,250 posts

Posted by nasaie24 > 2018-07-16 12:42 | Report Abuse

looks bullish

kevinobc

1,098 posts

Posted by kevinobc > 2018-07-16 15:44 | Report Abuse

Gabungan AQRS: Minimal impact from revised LRT3 project. Although Gabungan AQRS will be affected by a “scaled down” version of the Light Rail Transit 3 (LRT3), the impact on the company’s overall order book will likely be minimal. According to its vice-president for strategic planning & investment, Ridhwan Effendy, the mid-cap construction and property development company will likely see a reduction of only RM100m in its orderbook, following the cancellation of the Temasya station, which is one of the five aborted under the revised version of the LRT3 project. (StarBiz)

kevinobc

1,098 posts

Posted by kevinobc > 2018-07-16 15:44 | Report Abuse

target 1.60

Rosmah Ali

359 posts

Posted by Rosmah Ali > 2018-07-16 16:10 | Report Abuse

Any story here?? Why up so much??

Rosmah Ali

359 posts

Posted by Rosmah Ali > 2018-07-16 16:12 | Report Abuse

Still can tumpang??

kevinobc

1,098 posts

Posted by kevinobc > 2018-07-16 16:16 | Report Abuse

EPF SUDAH MAKAN BEBERAPA HARI DAH

Posted by WealthSoWonderful > 2018-07-16 16:21 | Report Abuse

Wow. Grand.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-07-16 16:29 | Report Abuse

beautiful, last 2 wk bought and sell for short trade profit and re-enter last week 1.18, 1.16 and now its comes the show

those bottom fish below 70c very lucky

Want2Win

2,553 posts

Posted by Want2Win > 2018-07-16 18:01 |

Post removed.Why?

Posted by Moneymoneylai > 2018-07-16 22:13 | Report Abuse

Huat ah! Those who read my post previously t on 5/7/2018 I hope u hv collected gaogao. Rocket is coming!


Support remain strong at 1.19. If u don't buy now u will surely miss the boat
05/07/2018 21:18

kevinobc

1,098 posts

Posted by kevinobc > 2018-07-17 09:00 | Report Abuse

Gabungan AQRS Bhd
(July 13, RM1.26)
Maintain buy with a higher target price (TP) of RM1.60: Gabungan AQRS reported its first half ended June 30, 2018 (1HFY18) results that were above our expectations but within the street’s expectations.

Gabungan AQRS reported a net profit of RM35.6 million in 1HFY18 comprising 50% of consensus full-year forecast of RM71.4 million and 64% of previous estimate of RM55.4 million.

Revenue jumped 32% year-on-year (y-o-y) to RM314.7 million on higher construction (+42% y-o-y) and property development (+70% y-o-y) revenue.

Profit before tax (PBT) increased 36% y-o-y to RM48.7 million in 1HFY18, mainly driven by higher construction PBT (+66% y-o-y) and interest income while its property division incurred a small loss.

Net profit was up 52% y-o-y with lower effective tax rate. Excluding the one-off land sale gains in 1HFY17, core net profit jumped 249% y-o-y to RM35.3 million.

Gabungan AQRS’ high remaining order book of RM2.5 billion comprising the Sungai Besi-Ulu
Kelang Elevated Expressway, Kota Sultan Ahmad Shah and light rail transit (LRT) Line 3 projects will sustain construction earnings growth. Gabungan AQRS targets to secure another RM1.5 billion worth of new contracts. Poor sales for The Peak development continues to drag down property earnings.

Unbilled sales of RM128 million and unsold property units valued at RM486 million will contribute to property earnings in FY19 to FY22.

Gabungan AQRS also plans to launch its E’Island Residence affordably-priced apartments (1,104 units) with total gross development value of RM491 million in 2H18.

We upgrade earnings per share (EPS) by 7% to 14% in FY18 to FY20 to reflect better construction PBT margins. Construction PBT margin was high at 16.7% in 1H18 as its projects move to more advance stage of construction.

Assuming a higher sustainable construction earnings of RM70 million (RM60 million previously), we lift our fully-diluted revalued net asset value per share estimate to RM2.30. We reiterate our “buy” call on Gabungan AQRS with TP raised to RM1.60 from RM1.48, based on the same 30% discount on the lifted RNAV per share. Key risk is slower order book replenishment and execution.

secret1q

276 posts

Posted by secret1q > 2018-07-17 09:16 | Report Abuse

TP 1.57 to close up the gap down, 15% more to go. go go go

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-07-17 09:31 | Report Abuse

when correction top up more, high potential to go back its old price

Posted by WealthSoWonderful > 2018-07-17 11:10 | Report Abuse

Consolidating

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-07-17 15:13 | Report Abuse

along the way during upside will have correction to find its support

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-07-18 18:36 | Report Abuse

early morning drop -3c somehow manage to close unchange. very good sign.

Posted by Moneymoneylai > 2018-07-18 21:05 | Report Abuse

Tomorrow will test at 1.40, if 1. 40 level is broken, it will continue to sky rocket.

Posted by PanjiAlam55 > 2018-07-18 21:45 | Report Abuse

hope tomolo start with 1.40 hopefully

ZoneFD

212 posts

Posted by ZoneFD > 2018-07-19 16:59 | Report Abuse

No rally for gbg today... Hrrmmm

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-07-19 19:03 | Report Abuse

already rally from 1.16 till 1.36 must hve break mah, now to find support as some sold for profit

but everytime sell, push up bck

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-07-19 19:04 | Report Abuse

can stay above 1.33 until nxt 2 wks cnsider very good

iLinks97

251 posts

Posted by iLinks97 > 2018-07-20 00:50 | Report Abuse

superPanda. how about WCT ? your opinion

clementlee

443 posts

Posted by clementlee > 2018-07-20 09:45 | Report Abuse

epf sell, so? temp is sell call ..

clementlee

443 posts

Posted by clementlee > 2018-07-20 09:46 | Report Abuse

epf already start to unloading stock in hand ...play caution ...sell bit to market ..

iLinks97

251 posts

Posted by iLinks97 > 2018-07-20 10:00 | Report Abuse

DUE TO INDEX DROP . MAYBE

Upup168

487 posts

Posted by Upup168 > 2018-07-23 13:28 | Report Abuse

its time to collect and wait for break 1.39..fly again! very good and potential!!

clementlee

443 posts

Posted by clementlee > 2018-07-24 09:17 | Report Abuse

5:33PM GBGAQRS EMPLOYEES PROVIDENT FUND BOARD (187,800 units Disposed)
5:33PM GBGAQRS KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (420,000 units Disposed)

5:48PM GBGAQRS 900,000 units of treasury shares sold

big canon start to sell sell already ..include company themselves ..

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-07-24 22:32 | Report Abuse

iLinks97, i seldom trade construction bcoz its need political link to survive. Not sustainable. PH wins over BN is a proof for that.

I bought gbgaqrs jst bcoz it was overly oversold and the order book still huge even w/o pan borneo and lrt3.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-07-24 22:37 | Report Abuse

clementlee, everytime you post -ve comment, it go up higher. keep up the good work !

Upup168

487 posts

Posted by Upup168 > 2018-07-25 00:30 | Report Abuse

now is the time to test 1.52, next 1.68 back to higher ground. Happy day :)

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-07-25 06:33 | Report Abuse

As for WCT, which has been overly oversold, upside potential is very high similar like this gbgaqrs, also myeg, gkent, mrcb, along with trade war sell off counter.

So many bargain now as market has rebound, you can pick any good FA stock, rsi below 50 or 30% and MA > 14-28 days and discount >50% from high side.

iLinks97

251 posts

Posted by iLinks97 > 2018-07-25 11:10 | Report Abuse

GBGAQRS is my first stock ~ haha me so lucky hold from july until now

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-07-25 11:11 | Report Abuse

Confirm can earn profit !

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-07-25 11:43 | Report Abuse

I will hold until get free warrant WB

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-07-25 11:45 | Report Abuse

bought 10000, keep rising !

Posted by Moneymoneylai > 2018-07-25 15:27 | Report Abuse

Superpanda do u know when they will issue free warrant? They mentioned it since June until now silence only.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-07-25 18:00 | Report Abuse

moneylai, new warrant to be said 1:4 but no official yet.

many were trapped on WA. sorry to them.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-07-25 18:06 | Report Abuse

KUALA LUMPUR: Gabungan AQRS Bhd (GBG) has proposed to a bonus issue of Warrants B on the basis of one Warrant B for every four existing shares held to reward existing shareholders and to raise additional working capital, when Warrants B are exercised in future.

The implementation of Warrants B will be after expiry of Warrants A on July 20. The exercise price of the Warrants B will be determined and announced at a later date after the receipt of all the relevant approvals but before the entitlement date.

In a statement, GBG said the new issuance of Warrants B was appropriate avenue for rewarding the existing shareholders of GBG after taking into consideration several factors.

The factors included rewarding existing shareholders of GBG for their continuous support by enabling them to participate in a derivate of the group without incurring any additional cost as well as to provide the shareholders with an opportunity to further increase their equity participation in the group by exercising their Warrants B at a pre-determined price over the tenure of the Warrants.

GBG said the issuance of Warrants B would also allow the group to raise additional working capital when the Warrants B was exercised in the future, without incurring interest expenses compared to bank borrowings.

“Looking ahead, I am confident that the Group will continue to record positive growth in 2018 from all fronts, including its financial position, construction order book and property sales.

“Our tall construction order book of RM2.8bil would ensure earnings visibility for the next 3 financial years,” group CEO Datuk Azizan Jaafar said.

He added that as at 1Q18, the group had strengthened its balance sheet, with its net gearing being lowered further to 0.06x (compared to 0.11x in 4Q17).

“The group’s cash balance continues to be healthy, with a in unencumbered cash pile of RM137.2mil, which is set to further grow post the receiving of our retention sum for the MRT job that was received in 2Q18,” Azizan said

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-07-25 18:09 | Report Abuse

Should be under application and to be announce soon. Jst wait and hold mother.

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