This is one of the stocks that even tho got MCO, but their reports shows little to no effects on profit and revenue, will got a round of opportunity of growth
If anyone of you still here please listen, GDB is freaking great with Fundamental, for those who haven't get it it's time to collect, within this month will fly, now is like the best opportunity to buy as the money are all in healthcare, GDB well supported at support line of 200MA & Support.
In the current sixth-month financial period ended 30 June 2020, GDB recorded a higher revenue of RM138.79 million as compared to RM135.71 million, an increase by 2.27% (or RM3.08 million) over the preceding financial period which is contributed by more on-going projects for the current financial period under review. The Group’s revenue was principally derived from the provision of construction services for the AIRA Residence, Perla Ara Sentral, Park Regent, Hap Seng Star Mercedes-Benz Autohaus, Hyatt Centric Hotel and substructure works namely Aviary Residence and Kencity Contiguous Bored Pile works.
Being profitable during this pandemic with MCO essentially stopping their site operation for almost 2 months, this shows the strong capabilities of the management during this crisis times. Along with a solid tender book of RM2.8bil, a 20% success rate would increase their order book by rm560mil ontop of their current orderbook of rm1bil. Also note that GDB's profits are double of a construction giant like SUNCON.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
shrobin
233 posts
Posted by shrobin > 2020-07-03 08:29 | Report Abuse
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