Posted by SY9490 > 2018-09-05 13:55 | Report Abuse

Ex-date will be announced soon.

Posted by DreamPredator > 2018-09-05 15:29 | Report Abuse

yah gah

Posted by sun99 > 2018-09-05 18:49 | Report Abuse

21/9 ex date

Posted by Moneymoneylai > 2018-09-05 22:31 | Report Abuse

Welcome back SuperPanda bro!

Posted by EST85 > 2018-09-06 10:02 | Report Abuse

Go!! Go!! Go!! I bought in 1.29 average down and down..
Free warrant !! Yeah~~

Posted by EST85 > 2018-09-06 10:04 | Report Abuse

Guys!! Ex Date is 21 Sept !!
Never regrets to buy u GAGBQRS. Good Fundamental counter.

Posted by jordanmaggie61 > 2018-09-06 10:20 | Report Abuse

Good job ! keep rising....

Posted by EST85 > 2018-09-06 10:34 | Report Abuse

KUALA LUMPUR: Gabungan AQRS Bhd sees earnings picking up from the financial year ending Dec 31, 2019 (FY19), underpinned by better performance across all segments.

“Currently, our [construction] order book stands at RM2.4 billion, providing earnings visibility for the next three years. Thus, the earnings growth from FY19 to FY21 will be driven by our construction, property development and precast component manufacturing businesses,” its chief executive officer Datuk Azizan Jaafar told reporters after the group’s extraordinary general meeting yesterday.

“If we get any new contract, it is a bonus to us. But we are not desperate. We won’t simply bid for a project to increase our order book. A project without margin or with low margin will pose potential risks to the company,” he added.

For first six months of FY18 (1HFY18), Gabungan AQRS’ net profit jumped 52% year-on-year (y-o-y) to RM35.57 million from RM23.37 million, as revenue improved by 32% to RM314.69 million from RM238.77 million in 1HFY17.

For its property segment, Azizan said the group will start recognising contribution from its affordable apartments — E-Island Residence in Puchong starting next year after launching the project by end of 2018. The project has a gross development value of RM491 million.

On its unsold property units valued at about RM400 million under The Peak, which will be completed in the middle of next year, Azizan said the group targets to relaunch it by stages closer to the completion of the development as the demand for properties in Johor Baru would start to pick up.

“So, when we launch E-Island Residence this year we will start recognising the contribution from the first quarter of 2019 up to 2021. This will further boost our performance.

“We will also get the proceeds from the sales of the unsold units from The Peak, which will bring the cash directly to the company’s coffers because there is no borrowing from the bank as we already paid it off in February this year,” he shared.

Gabungan AQRS undertakes its precast component manufacturing via 49%-owned associate Sedco Precast Sdn Bhd. The remaining 51% stake in Sedco Precast is owned by Sabah Economic Development Corp.

“If we get more orders for our precast component for the Sabah highway, it will add more value to our business and earnings. We spent only RM3 million on the plant and the return on investment will be very good because we don’t have any borrowings on the plant,” he said.

The group embarked on a massive restructuring exercise, spearheaded by Azizan, in April 2016.

Among key areas that needed improvements were mounting debt levels, a dwindling construction order book and a high operating cost base against revenue, according to its Annual Report 2017.

“Our gearing is lower at 0.12 times now and our operating cost has also dropped,” Azizan said, noting that finance cost was slashed to RM3.5 million in 1HFY18 compared with RM12 million in FY17.

The group’s operating cost has been falling yearly from over 20% in 2015 to 15% in 2016 and 12% last year.

Posted by SuperPanda > 2018-09-06 12:06 | Report Abuse

free warrant in 2 wks, need to hold by 20th last date to entitle. if within 2 wks price not up to 1.20~1.30, then have to wait another catalyst to move up (which we have no idea what it would be)

Posted by EST85 > 2018-09-06 13:31 | Report Abuse

Another Catalyst? Company Share B.Back..

Posted by SuperPanda > 2018-09-06 15:17 | Report Abuse

Buy back only for those company rich in cash. No more. Thats why it still need to borrow money and issue warrant.

Posted by SuperPanda > 2018-09-06 15:18 | Report Abuse

As latest announcement 2nd Aug, shares re-sale,

Total number of shares still in treasury (units) 16,994,702

Posted by SuperPanda > 2018-09-06 15:20 | Report Abuse

if 1 share = rm1, it have spent 17m to buy back, i dont think will buy back more

Posted by williamlsbeng > 2018-09-10 20:52 | Report Abuse

Next week will fall down more to about RM 1.01-RM 1.03

Posted by DreamConqueror > 2018-09-12 10:53 | Report Abuse

Where got sure fall one. Lu soothsayer one gah. Got crystal ball one gah.

Posted by ATSK > 2018-09-12 12:22 | Report Abuse

Wow. williamIsbeng, good prediction. Really fall to 1.03.

Posted by SuperPanda > 2018-09-12 12:55 | Report Abuse

800 counter red at noon, so no surprise its falling follow trend

Posted by EST85 > 2018-09-12 15:42 | Report Abuse

Guys..Continue average down?

Posted by wantousek > 2018-09-12 15:43 | Report Abuse

Wah why fall so much

Posted by wumingxiaoshuai > 2018-09-12 17:27 | Report Abuse

should average down on it? T.T

Posted by SuperPanda > 2018-09-12 19:54 | Report Abuse

from lowest 61.5c till highest 1.44, median 1.02, lower than 1.0 i believe is a good buy

Posted by SuperPanda > 2018-09-12 19:55 | Report Abuse

ave still at 1.11, if drop to 1.0 then will top up

Posted by WealthSoWonderful > 2018-09-13 10:37 | Report Abuse

Could be resuming uptrend

Posted by SuperPanda > 2018-09-13 10:58 | Report Abuse

i dont think rebound will sustain, will drop back <1.04

Posted by SuperPanda > 2018-09-15 00:18 | Report Abuse

lowest support at 1.05 and after ex date hard to tell if if will stay above support or break to another lowest (from new high 1.44)

Posted by williamlsbeng > 2018-09-16 20:45 | Report Abuse

Everyone waiting for new warrant Gbgaqrs-WB, old Gbgaqrs-WA made a lot of share players lost money

Posted by GoldenHarvest1 > 2018-09-16 20:55 | Report Abuse

Still rebounding reasonably well

Posted by Weeyaa > 2018-09-18 17:00 | Report Abuse

anyone can explain on warrant b calculation base on excercise price myr 1.12?

Posted by EST85 > 2018-09-19 09:19 | Report Abuse

Trading Call: Buy on further rebound above RM1.11

Target: RM1.23, RM1.30 (time frame: 3-6 weeks)

Exit: RM1.00

Source: AmInvest Research - 18 Sept 2018

Posted by SuperPanda > 2018-09-19 16:39 | Report Abuse

Good rebound, tomorrow will up for last day warrant entitlement

Posted by Ong_win > 2018-09-20 12:10 | Report Abuse

warrant b conversion ? any one know?

Posted by kila > 2018-09-21 02:31 | Report Abuse

U mean exercise price? Rm1.12

Posted by Yael Jasper > 2018-09-21 10:36 | Report Abuse

This quarter is making very good profits, the best ever!

Posted by wantousek > 2018-09-21 11:24 | Report Abuse

wanna ask abt calculation. Yesterday closing at 1.17. Why today considered 1.16 as yesterday's closing? something to do with ex-date of warrant?

Posted by SuperPanda > 2018-09-21 14:43 | Report Abuse

yes it was

Posted by wantousek > 2018-09-21 15:33 | Report Abuse

but why minus 1c like dividend payout? anyway..susah go up 1.20 now fall down again uhuh

Posted by genius > 2018-09-21 17:35 | Report Abuse

Bcos some people buy lower and don’t care about price correction today , plus they aim for free warrants.

Posted by longtermvaluegain > 2018-09-21 18:02 | Report Abuse

https://www.nst.com.my/news/nation/2018/09/413200/ag-hundreds-lopsided-contracts-signed-during-bns-time

Posted by EST85 > 2018-09-22 18:18 | Report Abuse

Guys.. know the warrant price?
1.12?

Posted by sandrakkc > 2018-09-22 21:21 | Report Abuse

Not trading yet

Posted by SuperPanda > 2018-09-24 15:55 | Report Abuse

patient, when warrants up on trading, those big holders will push it up to earn from the warrant, if you bought 1.10-1.20, no need to worry. just hold.

Posted by jalanjalan > 2018-09-24 20:00 | Report Abuse

When warrant start?

Posted by SuperPanda > 2018-09-24 21:42 | Report Abuse

Announcement Date 05 Sep 2018
EX-Date 21 Sep 2018
Entitlement Date 25 Sep 2018
Transfer Date 25 Sep 2018

Posted by minchuan > 2018-09-25 09:23 | Report Abuse

tmr only can start to trade warrant?

Posted by jalanjalan > 2018-09-25 19:19 | Report Abuse

Nope. 8 days later after 25 sept

Posted by Moneymoneylai > 2018-09-25 20:13 | Report Abuse

This Is my first time getting warrant. Care to explain how to calculate/know it is 8 days? And hows the calculation on the mother share after warrant is issued? Deduct like interest?

Posted by SuperPanda > 2018-09-26 13:09 | Report Abuse

go read warrant subjects... what is warrant, type of warrant, maturity, exercise price, exercise ratio, gearing, premium and premium %

Posted by Moneymoneylai > 2018-09-26 14:15 | Report Abuse

Thanks Panda. I did read them before and understand all the terms. I just don't understand the process of a New warrant. Why need to wait 8 days after 25 Sept? On first day of warrant trading how is the price determined? And it will deduct from mother share price just like getting interest?

Posted by jalanjalan > 2018-09-28 12:58 | Report Abuse

Wake uo wake up!

Posted by ks55_ > 2018-09-28 22:35 | Report Abuse

Warrant ex-date over. Sell. Construction ctrs dead under PH.