Posted by Jayjay123 > 2020-06-12 16:45 | Report Abuse

Just buy lah, buy on rumours sell on news. Gogogo 2b project soon

Posted by dingdonghuat > 2020-06-12 17:02 | Report Abuse

hell ya..green despite shitty DJI.

way to go...

P/s : i "heard" this will breakout soon..haha

Posted by dingdonghuat > 2020-06-12 17:03 | Report Abuse

Lich well then, i hope you have enough renoma underwears.


yup...preparing alot of it...haha

Posted by Jayjay123 > 2020-06-16 13:26 | Report Abuse

Okay 2b project news coming in soon. Collect

Posted by Lich > 2020-06-16 13:39 | Report Abuse

what kind of project bro?

Posted by dingdonghuat > 2020-06-16 14:50 | Report Abuse

gosh, if only u all could look into the q to buy rite now,..it is absolutely crazy..seeing is believing

Posted by Jayjay123 > 2020-06-18 16:42 | Report Abuse

Q to buy is big. Told you already got 2b project. Buy la fast before too late

Posted by TokioDeals > 2020-06-19 06:18 | Report Abuse

2bn, buy2

Posted by dingdonghuat > 2020-06-19 10:24 | Report Abuse

ini kick sudah mau datang. adakah anda sudah bersedia?

Posted by accuraterateprovider > 2020-06-19 13:52 | Report Abuse

Dont get trap guys

Posted by accuraterateprovider > 2020-06-19 15:43 | Report Abuse

look at the comments on 08 Jan 2019
Yesterday released good news. Lured people jump in. Make everyone stuck. Same script apply again & again.

Posted by accuraterateprovider > 2020-06-19 15:45 | Report Abuse

http://www.theedgemarkets.com/article/gagasan-nadi-wins-rm110m-apartme...
news on 08 Jan 2019

Posted by Jayjay123 > 2020-06-19 16:38 | Report Abuse

Wow someone belip 2b project. Topkek

Posted by accuraterateprovider > 2020-06-19 16:52 | Report Abuse

100 m project, no effect

Posted by accuraterateprovider > 2020-06-19 16:52 | Report Abuse

2 b project then?

Posted by nasilemaktelur > 2020-06-21 16:39 | Report Abuse

been following this stock since IPO, company is not bad, NTA about .56 cents and PE is low. but construction sector is a waste of time. unless really got 500m project then i would buy anything below .30 cents, cause thats the IPO price

Posted by Shines > 2020-06-21 21:31 | Report Abuse

Yes, still below IPO price, no goreng la, that is why.

Posted by nasilemaktelur > 2020-06-22 09:44 | Report Abuse

wow, looks like someone wants stocks. .27 cents
if contract is real, definately break new high of .305

Posted by Jayjay123 > 2020-06-22 10:17 | Report Abuse

Seeee 2b project. You hear it first in here. Go buy

Posted by nasilemaktelur > 2020-06-22 12:28 | Report Abuse

hahaha 2B project will limit up 2 times
even 1B is amazing

Posted by Jayjay123 > 2020-06-23 10:56 | Report Abuse

Gogogo 2b project. MD so cun already. Jerung accumulate

Posted by dingdonghuat > 2020-06-23 11:19 | Report Abuse

Jayjay123 Gogogo 2b project. MD so cun already. Jerung accumulate

no need hard sell. haha

Posted by Jayjay123 > 2020-06-23 15:06 | Report Abuse

Hahaha. Someone accumulate. There is something there

Posted by Jayjay123 > 2020-06-23 15:06 | Report Abuse

2b project ofcourse just a troll....lmao who would even belief it.

Posted by accuraterateprovider > 2020-06-23 15:38 | Report Abuse

sell at 0.27

Posted by nasilemaktelur > 2020-06-23 17:01 | Report Abuse

Jayjay123 Hahaha. Someone accumulate. There is something there

yeah .265 collecting. even index down it was holding very well

Posted by dingdonghuat > 2020-06-23 20:29 | Report Abuse

Jayjay123 2b project ofcourse just a troll....lmao who would even belief it.

Very obvious u know sth..don't pretend bodoh..haha..it's ok..I understand.. as long as duit kutip, u r doing good deeds and will b remembered as hero..

Posted by Lich > 2020-06-24 10:03 | Report Abuse

coming coming coming.....krik krik krik

Posted by dingdonghuat > 2020-06-24 10:40 | Report Abuse

hope its coming and not cumming.. :-P

Posted by nasilemaktelur > 2020-06-24 15:48 | Report Abuse

market is shit. sold mine at .265. willing to buy back higher if project is real. will wait for announcement first to be safe

Posted by accuraterateprovider > 2020-06-24 17:10 | Report Abuse

sell at 0.27

Posted by Lich > 2020-06-25 10:56 | Report Abuse

nasilemaktelur market is shit. sold mine at .265. willing to buy back higher if project is real. will wait for announcement first to be safe

Bro, you think you can get at .265 when project is announced? Just look at the buy q. it's very thick from .24 to .26. And such volume has not always been the case..only very very recently.

Posted by Lich > 2020-06-25 11:58 | Report Abuse

Would like to put things in perspective here. Consider the following "facts" and their implications:

1) Orderbook is around RM500m.
- Nadi should be able to sustain its current revenue level of RM200+m for the next 2 years and RM20+m profits.

2) Tenderbook is around RM1.4b (i think according to Rakuten).
- Consistent with the rumours. But let's ignore the RM2.0b figure.

3) Rumors of contract award (presumably it is construction), with value ranging from RM500m to RM2.0b (i3, KLSE , "etc").
- Consistent with the tenderbook.

4) Since its IPO, its all time low P/E is 4.89x (1H2019) whereas its all time high P/E is 8.86x (22 June 2020) based on closing prices.
- Consider the midpoint PE of 6.9x, which I think is somewhat conservative. Recent multiples have been higher.

There are 3 reasonable scenarios, a contract award at RM500m, RM1.0b and RM1.5b.
Let's assume that this contract will be recognised over 3 years. Also assume that the net margin is only 5%, which i think it's on the low side.

What valuation will that result in?

Additional profit from "new" contract ranges from RM8.3m - RM25m
RM500m x 5% / 3 years = RM8.3m per year for the next 3 years
RM1.0b x 5% / 3 years = RM16.6m per year for the next 3 years
RM1.5b x 5% / 3 years = RM25.0m per year for the next 3 years

Profit from existing orderbook. I took an average of FY18 and FY19 PAT, so let say around RM20m.

So we are looking at future annual profit between RM28.3m and RM45.0m.

At 6.9x PE, the market cap should be between RM195m and RM310m, which translates to 25.5s and 40.5s per share.

So the downside risk is fairly limited.

Posted by accuraterateprovider > 2020-06-25 14:43 | Report Abuse

Lich, may i know what is your relationship with Nadi?

Posted by Lich > 2020-06-25 14:51 | Report Abuse

Well, I am an existing investor. Everything that I have quoted so far is publicly available. But not all are verified...so yeah. buy or sell, your call. Only in June do you see the volume spiked...

Posted by dingdonghuat > 2020-06-25 15:01 | Report Abuse

https://www.malaymail.com/news/money/2020/06/22/mco-gagasan-nadi-cergas-resumes-all-construction-projects/1877886

Posted by accuraterateprovider > 2020-06-25 16:04 | Report Abuse

sold at 0.26

Posted by Lich > 2020-06-25 16:05 | Report Abuse

all the best in your future endeavors....

Posted by accuraterateprovider > 2020-06-25 16:51 | Report Abuse

good luck to you as well :)

Posted by dingdonghuat > 2020-06-29 11:30 | Report Abuse

a very quiet day...

Posted by Lich > 2020-06-29 12:37 | Report Abuse

hopefully...recover in a couple more days....

Posted by Lich > 2020-06-30 10:07 | Report Abuse

interesting movement today....something is brewing? Telegram groups been talking about it....

Posted by Jayjay123 > 2020-06-30 10:12 | Report Abuse

2b project

Posted by Lich > 2020-06-30 10:23 | Report Abuse

where got 2b la. Tenderbook also no 2b. Give me 1b also I am happy already. Should fly to 40sen

Posted by nasilemaktelur > 2020-06-30 10:29 | Report Abuse

wow... moving already

Posted by bombominvest > 2020-06-30 11:06 | Report Abuse

nadibh gogo above rm0.3 then chiong le!

Posted by bombibistock > 2020-06-30 11:07 | Report Abuse

brobom u here! click u in i saw something

Posted by Lich > 2020-06-30 11:20 | Report Abuse

30s today. 40s tomorrow!!!!

Posted by dingdonghuat > 2020-06-30 13:46 | Report Abuse

can close 30 today?

Guys, please make it happen

Posted by Lich > 2020-06-30 13:56 | Report Abuse

inshallah it will close 30sen.