Congratulations to all GDB holders. The market has finally woken up to this small construction company which has one of the healthiest track record and books in the whole KLSE. Also worth noting that there is very little to almost no coverage of GDB from analyst so far. Wonder if they've been accumulating? :)
You are right! If you see the 2019 annual report, there are 3 Hong Leong Investment Funds are on the top 30 list. Did anyone see Hong Leong Research published any reports? I have not......I think likely they will issue reports after they collected enough......lol...
quarterly profit 10mil, cumulative profit 22mil in the situation where many other companies making a loss. Any opinion that going to 70c is just a frustrated person who already misses the boat. it has been dangling for 4 days already without moving. Today it should be up than yesterday's closing price.
As I mentioned early this morning, it should be closing higher today. Tomorrow 90c will be tested or further up before taking a short rest again, TP for this counter should be above RM1 in the long run.
They are targeting to achieve 1 bil revenue in 2025, which is almost equal to Mah Sing current revenue.. bases on current Mah Sing market value, gdb should be around Rm3-3.5 in 3 years time
Need to see number of share also, not just the share price..if you feel no potential, just leave, it is normal to gain profit ;) this counter with highest ROE, net cash, so I don't see the reason why sell now.. I will keep for maybe another 2 years to come back to check whether my decision is correct
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....
MichelleNg
1,031 posts
Posted by MichelleNg > 2020-11-20 06:29 | Report Abuse
Most construction company still sleeping but GDB already running. Be careful the contracts sales and earning had been price in advance.