Posted by Nottoogreedy > 2018-12-12 15:08 | Report Abuse

Lets see how low it can go, hehe

Posted by shrobin > 2018-12-13 21:09 | Report Abuse

Since IPO, about 2 million shares were collected by directors at an average price of about 31 sen!

Posted by shrobin > 2018-12-13 22:32 | Report Abuse

The sellers are either crazy or intentionally press down price for accumulations!

Posted by shrobin > 2018-12-13 22:35 | Report Abuse

IPO price was 35sen! So, it would be crazy for the anchors to sell at current depressed price! Even the insiders have bought at higher prices!

Posted by okdoke > 2018-12-14 20:22 | Report Abuse

Have you heard sentimen....it pressed down price or inflate price....you should know which way it is influencing

Posted by jianeric16 > 2018-12-15 09:10 | Report Abuse

When will the new contract be announced?

Posted by shrobin > 2018-12-15 11:16 | Report Abuse

At 24sen, it is 11sen discount over IPO PRICE of 35sen! At this price, it is about 30% discount over IPO PRICE!

Posted by shrobin > 2018-12-15 11:25 | Report Abuse

I project next year nett profit of about 25mil. 25mil divided by 625mil shares, it is about 4sen in EPS! With 30% dividend policy, you get 1.2sen in dividend.

1.2 divided by 24sen, you 5% in dividend yield!

At 4sen EPS and PE of 8 times, you get target price of 32sen!

Posted by shrobin > 2018-12-15 11:29 | Report Abuse

GDB is a nett cash company! So, I don't see any problem in paying dividend. They should consider some share buy back to support share price instead!

Posted by shrobin > 2018-12-15 11:35 | Report Abuse

As of 30Sep 2018, GDB book order stands at slightly more than 600mil, so next two years revenue is secured!

Posted by limtsuey9 > 2018-12-17 13:15 | Report Abuse

DIRECTORS’ SHAREHOLDINGS
(As per the Register of Directors’ Shareholdings)
Direct Interest Indirect Interest
No. of No. of
Name of Directors Shares % Shares %
Cheah Ham Cheia – – 323,750,000 (1) 51.80

Posted by limtsuey9 > 2018-12-17 13:21 | Report Abuse

MR CHEAH JUN KAI 03-Dec-2018 Acquired 20,000 0.275 View Detail
MR CHEAH JUN KAI 30-Nov-2018 Acquired 50,000 0.270 View Detail
MR CHEAH JUN KAI 30-Nov-2018 Acquired 30,000 0.270 View Detail
MR CHEAH JUN KAI 15-Oct-2018 Acquired 100,000 0.300

Posted by limtsuey9 > 2018-12-17 13:41 | Report Abuse

NON-CURRENT LIABILITY
Deferred tax liabilities 73

No long term debts as at 30/9/18, only above

Posted by wakakaka88 > 2018-12-17 13:41 |

Post removed.Why?

Posted by limtsuey9 > 2018-12-17 13:44 | Report Abuse

B3. Prospects for the Current Financial Year
GDB is on track to deliver stronger profitability in the financial year ending 31 December 2018 in
line with the construction progress of our ongoing projects.
GDB’s order book stood at a healthy level of RM613.74 million as at 30 September 2018. The
sizeable order book provides positive earnings visibility until third quarter of the financial year
ending 31 December 2020, and comprise ongoing projects namely AIRA Residence in Damansara
Heights and Menara Hap Seng 3 within the Kuala Lumpur city centre.
While we are seeing a slowdown in the construction sector, we remain optimistic on our prospects
to secure new contracts due to our track record for delivering projects ahead of contractual
completion dates, while adhering to stringent quality and safety standards. GDB will also aim to
enhance the competitiveness of its bids in view of the current challenging operating environment.

Posted by shrobin > 2018-12-20 23:11 | Report Abuse

Read the 3 important metrics on GDB(PE,ROE and DY)

Posted by tipumakan > 2018-12-21 19:23 | Report Abuse

past 4 quarters Total EPS 5.25 cent. Let say earning maintain around that figure, with 30% dividend payout, it will translate to 6.2% at current price? But of course pre requisite is that they manage to maintain same amount of profit for the next few quarters

Posted by shrobin > 2018-12-21 20:18 | Report Abuse

A rising ROE suggests that a company is increasing its ability to generate profit without needing as much capital. ... Likewise, a high level of debt can artificially boost ROE; after all, the more debt a company has, the less shareholders' equity it has (as a percentage of total assets), and the higher its ROE is.

GDB is a high ROE company! The surprise thing is achieving it without much borrowings!

Posted by shrobin > 2018-12-23 12:58 | Report Abuse

https://1-million-dollar-blog.com/gdb-holdings-berhad-ipo/

Posted by CharlesT > 2018-12-23 13:08 | Report Abuse

This penny stock not bad

Posted by shrobin > 2018-12-23 20:04 | Report Abuse

The top two of the company still hold more than 70% of the shares! I take it as indicator that they are confident in their business!

Posted by limtsuey9 > 2018-12-23 20:31 | Report Abuse

GDB
1.15 0.000 0.1600 55,748k 6,760k 3 2018-09-30 2018-12-31 2018-11-23 0% View
1.61 0.010 0.1500 68,384k 9,131k 2 2018-06-30 2018-12-31 2018-08-23 0% View
1.30 0.000 0.1400 81,083k 6,597k 1 2018-03-31 2018-12-31 2018-05-23 0% View
1.19 0.000 0.0800 88,469k 5,951k 4 2017-12-31 2017-12-31 2018-03-22

Profit margin from 6.70% 2017-12-31 to 12.10% 2018-09-30, T4QNP Margin10.08%.

Peer: Inta (0192)
1.19 0.000 0.2120 107,269k 6,358k 3 2018-09-30 2018-12-31 2018-11-23 38.7% View
1.00 0.000 0.2000 89,824k 5,336k 2 2018-06-30 2018-12-31 2018-08-30 53% View
0.76 0.000 0.1900 78,834k 4,075k 1 2018-03-31 2018-12-31 2018-05-24 44.6% View
0.92 0.000 0.1830 67,686k 4,911k 4 2017-12-31 2017-12-31 2018-02-26 0% View

Profit margin from 7.3% 2017-12-31 to 5.9% 2018-09-30, T4QNP Margin 6.08%.

Posted by orange1 > 2018-12-23 20:31 |

Post removed.Why?

Posted by shrobin > 2018-12-23 21:02 | Report Abuse

13 times PE! How you get that? It definitely would not interest me if it is so high!

Posted by shrobin > 2018-12-23 21:43 | Report Abuse

@limtsuey9

It will be good to compare GDB's balance sheet and cash flow report to that of INTA BINA.

Posted by shrobin > 2018-12-24 06:34 | Report Abuse

https://www.gdbhb.com.my/solid-track-record-with-sizeable-orderbook-rhb-research-15-november-2018/

Posted by shrobin > 2018-12-24 08:08 | Report Abuse

Interesting info.you can read from GDB's website!

http://www.gdbhb.com.my/

Posted by BursaMice > 2018-12-24 08:08 |

Post removed.Why?

Posted by limtsuey9 > 2018-12-24 11:40 | Report Abuse

@shrobin
Thanks, there are quite a lots of Institutions holdings as at 2017 Annual reports, for a young ACE board is unique

Posted by shrobin > 2018-12-25 06:29 | Report Abuse

@limtsuey9

Below is a link to see some of Ryanair's important metrics! Are you on AirAsia as well?

https://www.macrotrends.net/stocks/charts/RYAAY/ryanair-holdings/roe

Posted by limtsuey9 > 2018-12-25 19:27 | Report Abuse

@shrobin
Thanks for the infor, I am not on AirAsia

Posted by VenFx > 2018-12-25 19:31 | Report Abuse

In term of earning capability, better than gfm & awc.
Sizes need to growth furthur.

Posted by shrobin > 2018-12-25 21:00 | Report Abuse

The following was i wrote in respond to Bursa999 at the AirAsia forum lately!

Thank you for pointing out on the startup valuation! Not sure about snapchat case though as i did not follow in this case! If you are referring to GDB case, a counter which i like, i can talk a bit on this!

One of the main thing i like about GDB is the 30% dividend policy! A small start up company committing to pay dividend right at the start! This is rare!

As an investor, i like the idea of getting paid via dividends while waiting for the company to grow! Most companies don't normally pay dividends at the start up phase, including AirAsia!

If you read GDB IPO prospectus, my view is that their growth strategy plan is just a very natural progression to grow in a construction business, nothing fancy or overstated there! Of course the jury is still out there if they can successful or not in their growth plan. In the high rise segment, which is their current experty, they are doing quite well. You can compare GDB with some of the other construction counters especially on their profit margin! Having a reputation of always completing projects ahead is not an easy task! It gave me a hint on their management strength! This i hope to follow up in later AGMs.

An interesting metric i noted on GDB is their high ROE! It will be great if they can maintain it! GDB is like AirAsia, a high ROE company!

The IPO price was 35sen! At current depressed market, the weak ones are being shakened out! Since IPO listing in April, some buyings by GDB directors offer some idea of what the insiders think on what it is worth! You can do some homework to check out!

GDB have enough orders in hand to last them at least in the next two years! As an investors i am willing to sit out with them but with a reasonable dividend, this is supported by their 30% dividend policy! They have paid 1.0sen interim in first half, indicating there is a 2nd dividend in second half!

GDB is an ACE counter, which i hope they can be in the main board in 3 to 5 years!

Posted by limtsuey9 > 2018-12-26 15:08 | Report Abuse

@Shrobin: Yes, I agreed with your comments above

* High profit margins compare to peers
* Complete their projects ahead of time
* 30% dividend, that's how it attracts Institutions

The above will not able to achieve without a strong management

Posted by shrobin > 2018-12-26 21:13 | Report Abuse

I am looking forward to the next AGM.

Posted by shrobin > 2018-12-28 05:37 | Report Abuse

Why dividends matter
Buy low, sell high is the most commonly heard philosophy in investing. Of course, it is the most obvious way to make money. But to be honest, how many can really time the market accurately every time?

How many can predict the share price accurately by buying at the lowest and selling at the highest consistently?

There are so many investors who thought that the stock they bought was at the lowest price but it went down even lower.

Well, there is no doubt that buying low and selling high will make you money but it is not the only way; you can make money from dividends as well.

In the previous issue, we discussed the five simple steps before you invest in dividend companies. Now, we will share with you the power of dividends.


How do you take advantage of dividends?

The company you own pays you dividends for being patient. In other words, dividends allow you to generate cash flow even without the need to sell the stock.

However, to make superior profits through dividends, you have to understand compounding.

“Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t, pays it.” – Albert Einstein

That’s the power of compounding.

When you receive dividends, you have the option to either spend them or reinvest them. If you choose to reinvest the dividends, you will then have more stocks which in turn pay you more dividends.

By consistently reinvesting these dividends, you will then experience the compounding effect on your net worth.But this is easier said than done. It takes time to achieve and requires tremendous patience.

That is why most investors are unable to generate profits consistently because they sell too early to have compounding on their side.


Dividends can help you eliminate risks

To demonstrate this, let’s quickly examine a well-known local company called Hup Seng Industries. It has a simple business model in manufacturing and selling biscuits, beverages and confectionery in Malaysia.

Imagine you invested in Hup Seng 10 years ago, in December 2008, at about 14 sen a share and you have held it until today. The shows the dividends you would have enjoyed every year.

Just by collecting dividends alone, you would have received a total of 38.1 sen for every share.

Meaning, by investing RM140,000 10 years ago, you would now have got back RM381,000 of dividends, passive income! Your return on investment (ROI) on dividend alone will be 272%.

And how does dividend eliminate risks? Remember that the maximum risk an investor is facing is the capital put into the stock.

If you have invested RM140,000 and gotten RM381,000 in dividends, what is your risk now?

None because you have collected all your capital back from the dividends.


Dividends set you free

Today, many among us are looking for a way to be financially free. We start a business, start direct selling or even do odd jobs just to increase our income.

However, what many do not pay attention to is that dividends are the easiest and purest way for anyone to attain financial freedom and build their stream of passive income.

All you need to do is buy some shares of dividend companies and the passive income starts immediately with no additional work.

But some would lament that the amount is not enough. If you had bought Hup Seng at 14 sen a share back then in 2008, you would only be getting 0.06 sen in dividends for the entire year or a 4.3% dividend yield on your investment.

Let’s be honest; a 4.3% yield is not excellent, because you will get about 4% by putting your money in fixed deposit. But, this is only the beginning.

Is it possible for a company to prosper over the years and reward shareholders better? Definitely!

If you have held on to Hup Seng from that time until today, instead of getting 0.06 sen in dividends, you would be getting 4 sen in dividends for the entire year.

Compared with your initial investment of 14 sen, that is a 43% dividend yield per year! Meaning, if you had invested RM140,000 10 years ago, right now you will be receiving a passive income of RM60,000 every year.

Great companies will pay you more dividend over time when they make more profits. Your only job is to invest in these companies and do nothing.

You do not need to actively monitor the share price. Patience is a virtue, precisely, in investing.

What if you have even reinvested those dividends you have collected? And the best part – these dividends are tax-free!


Conclusion

Still, most investors lose money in the stock market. The biggest reason lies in their emotional stability.

Remember, the skillset to identify and invest in great companies is only a small piece of the puzzle. The biggest piece lies in your own emotional stability.

Investing is not a destination but a journey. To generate massive wealth is to invest in great companies and most importantly, to have the patience, giving time for them to grow.

Now, imagine you own a cow, a cow that will generate you passive in

Posted by limtsuey9 > 2018-12-28 13:24 | Report Abuse

@shrobin
You are great and real on the above comments. You really take the time, efforts to educate in the forum
Thumbs up for you

Posted by shrobin > 2018-12-28 15:38 | Report Abuse

Dividend is something you cannot manipulate! Without reasonable profits, you cannot pay dividend for sure!

Companies that pay dividends to shareholders are normally the better ones!

Posted by shrobin > 2018-12-30 05:23 | Report Abuse

Interesting read:

https://www.nytimes.com/2018/12/29/opinion/tech-bubble-bursting-stock-...

Posted by VenFx > 2018-12-30 21:50 | Report Abuse

i appreciate to shrobin ,
for his efforts done here !
tq !

Posted by shrobin > 2018-12-31 12:44 | Report Abuse

Thank you VenFx! Please do share some of your thoughts here! Hope everyone have a great new year!

Posted by Patrick > 2019-01-04 18:30 | Report Abuse

Risk and rewards of this company were good...support at 22sen, 1st resistance 25sen, currently trading at 22.5sen... consolidation breakout 25sen, TP 27.5/ 29.5sen from a technical point of view...

If applied EPS of 5sen (easily can be achieved in 2019F), applied with forward PE of 8, the fair value should be traded at 40sen (IPO price = 35sen)... This is just a simple calculation, the forward PE of 8 (current PE = 4.94) was given due to its grade G7 license approved and Building Information Modelling...

Disclaimer: Buy/Sell on your own risk, this is a low market floatage counter...

Posted by shrobin > 2019-01-04 18:59 | Report Abuse

Best to follow up to understand more at the next AGM, especially on the management thinking of the CEO! Probably the most important of all.

PE, ROE and DY look good to me!

Current poor market sentiment provide a good entry point!

Posted by Patrick > 2019-01-04 22:49 | Report Abuse

https://klse.i3investor.com/blogs/GDB0198/

Posted by sense maker > 2019-01-05 10:30 | Report Abuse

Too much empty high-rise in Malaysia, which could dampen the company’s project replenishment in the coming years.

Posted by shrobin > 2019-01-05 11:09 | Report Abuse

Just enjoy your dividend near FD rate while you wait!

Posted by Patrick > 2019-01-05 11:27 | Report Abuse

btw, just for your information, they are tendering for high-rise serviced apartments, a hotel and other commercial buildings in the Klang Valley.

Posted by Patrick > 2019-01-05 11:28 | Report Abuse

all these projects total worth 1.4bil and which will put GDB's order book exceed 2bil mark...

Posted by shrobin > 2019-01-05 11:29 | Report Abuse

Thank you Patrick! See you in the next AGM!

Posted by Patrick > 2019-01-05 11:37 | Report Abuse

one more information, they are being invited to tender... at the same time, they also rejected some because there are too many for them to handle... they are experiencing increased (invitations), some of the jobs are also even larger....

This is what the founder says during the press conference after AGM, can try to check see whether got any video...

I am concerning of oversupply of high-end properties as well, but GDB is different from other, they are construction services provider...if you check back their track record in this company or the previous companies (Perdana builders berhad), you will know the founders are not simple...

just my 2 cents...