I don't know, but I'm confident it will be higher in the next 6 months. My confident came from their fundamental and financial stability, and their track records in completing the projects ahead of schedule. I'm confident that the company will do well, but do well does not necessarily translate to share price going up. The price may go down even if the company made money.
This is not a recommendation to buy or sell or hold. Just answering your question and share you my thoughts. You and me are totally different person with different expectation from share market investment. Buy sell hold at your own risk.
Never buy based on insider news. They are mostly fake news. Buy base on company's survival abilities (not to lose capital) and future potential (ability to growth). Fearful when others are greedy.
Masteryoda want to make everyone rich after CMCO.Pls buy ASB (1481) now when its low at 0.165.I just bought 1000 lots.Before all this Anwar nonsense,ASB was already a 0.14 stock and it is way way way undervalued bc if you look at ASB financial it is fundamentally very strong with very low debts.Now with it being linked with Anwar and this blardy Anwar wont stop trying to be PM until he die i really think with current price the downside to investor is very low but the upside can be explosive.The dark side clouds everything. Impossible to see the light, the future is.” – Yoda
The Board of Directors of GDB (“Board” or the “Company”) wishes to announce that its wholly-owned subsidiary, Grand Dynamic Builders Sdn Bhd (“GDBSB”) had on 26 October 2020 executed a Letter of Intent (“LOI”) with Damai City Sdn Bhd [Registration No.: 201301011484 (1041322-H)] (“DCSB”), a wholly-owned subsidiary of KSK Land Sdn Bhd [Registration No.: 201201043800 (1028277-H)] with the mutual intention to enter into a definitive Letter of Award/Letter of Acceptance (“LOA”) to appoint GDBSB as the Main Contractor to complete the remaining main building works for the proposed development of an integrated mixed development project known as “8 Conlay” (“the Project”) for a contract sum of RM1,249,000,000.00.
Please refer to the attachment for further details of the LOI.
@Yinyin88 Our Malaysia Con Project All Protected By MCC's performance bond to make sure the project wouldn't dead. this project original is under china company, since the covid issue. the project must transfer to Malaysia Company.
As of end June 2020, order book was at 1.02 billion. With the 8 Conlay, order book now swell to (1.02+1.25= 2.27 bil)
Q3 revenue recognition is completed, assuming is 100 mil....so remaining book order at the end of Q3 is 2.27bil minus 100mil....left with 2.17bil order book at the end of Q3.
Divide 2.17 by 3 you get about 723 mil revenue per year for the next 3 years.
Assuming margin of 7%, PAT is about 50.6 mil a year....EPS is equal to 50.6 divided by 625 = 8.1 sen per share
At 15 times PE, share price is 15x8.1sen, about RM1.20
Mesyuarat Majlis Tertinggi Umno akan diadakan pada jam 8.30 malam ini untuk menentukan masa depan parti itu termasuk sokongan kepada kerajaan PN, pimpinan Perdana Menteri Muhyiddin Yassin
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3140 views | 3 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
Faith In
44 posts
Posted by Faith In > 2020-09-07 12:30 | Report Abuse
Hi Gener , appreciate if you can share us more on 8Conlay. I don't see GDB in bid on it