KLSE (MYR): GADANG (9261)
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Last Price
0.35
Today's Change
-0.005 (1.41%)
Day's Change
0.345 - 0.36
Trading Volume
806,600
Interesting observation...but why the construction division still showing losses ?
By right, this RTS project should be driving the construction division revenue as it forms the bulk of the order book. Based on press release, this RTS project is supposed to be completed by middle of 2024. I expect contributions / progress billings from this project to be in the advanced stage already. But why the construction division still showing losses ?
Completing the project is one thing..but to do it profitably is another thing.
2024-05-23 12:16
kancs3118
Every quarter, Gadang attributes the losses from its construction division to costs overrun such as labor and material costs. It seems to me these are external factors that Gadang cannot control. Yet, Gadang is still unable to claim from the principal.
I will only load up on Gadang comes next quarter results based on the performance of the construction division. Should its construction division is showing profit, then we are talking about a very different Gadang.
2024-05-23 12:20
Gadang breaks new high with big volume. It fulfill the TVVA criteria. Can buy more now to get a free ride.
2024-05-27 10:29
kancs, if you see the construction sector profitable, the share price maybe above 0.55 already
2024-05-27 11:06
Kancs: "...Gadang will shine towards end of CY24...when RTS Johor makes meaningful progress .."
Yeah, then is this not the time to load up? Today up 8% already.....
2024-05-27 11:36
Today, I bet you...the price won't increase as I am noy on board yet...
Stay at 47 cents
2024-05-29 08:13
Lots of sellers - switching funds to load up on the next big thing in the construction sector ..IJM
2024-05-30 17:54
Yesterday, inside IJM quarterly result - the construction division is still showing losses - albeit a small loss of a few millions...that got me thinking. If the big boy like IJM who have a stronger bargaining power than Gadang - can still show a loss due to rising material costs and inflationary factors - then Gadang next quarter results for their construction should not look too great. Its losses may narrow down but don't expect it to turn the corner - just yet.
2024-05-30 17:56
I grab Tambun by the p-u-ss-y when she lies down low...let the price spike before switching over to Gadang baby
2024-06-05 11:55
Please tell me, Malaysia has 40+ data centers, Singapore double this! Gadang has bagged 1 data center contract, what is stopping it to get 2nd, 3rd and 4th? So how will Gadang move?
2024-06-06 12:53
Can look into steel counter now also. Masteel will shoot to 0.5 and above
2024-06-06 13:53
The next WCT gonna be? hopefully gadang will have a big plan going forward.
2024-06-11 21:13
Expected Gadang to move :).....bcos Gadang has bagged 1 data center contract, what is stopping it to get 2nd, 3rd and 4th? Ong ah
2024-06-14 10:25
TM latest announcement to JV with Singapore Telecomm company to develop DC in Johor. Hopefully will benefit Gadang.
2024-06-18 20:03
Jump to Hexcap and Jcy, Notion, bull run. Gadang profit will be affected by the hike of material price
2024-06-19 08:11
Big day for Gadang...tomorrow daddy need to see your report card yah...if no good, daddy gonna spank spank you ...no take you out to go eat ice cream
2 months ago
This Thur is so or die for Gadang..hope the construction division starts churning profit..will load up
2 months ago
Disappointing quarterly result...although the silver lining is that losses suffered by the construction division is narrowing Qtr on QTR. Right now is the best time to buy with the anticipation that the construction division will break even for next Qtr and turn the corner thereafter.
Smart me..have not load up on Gadang but focusses my firepower on Gamuda and IJM.
2 months ago
Happy that I did not buy in yet...no capital gain (losses indeed), no dividend...no nothing
2 months ago
what happen to gadang ?? every contruction counter is flying to moon , to sky , dropped from sky back to land , sia sia hold gadang for nothing
2 months ago
Strong order book, cash generated from operating is increased and able to cover operating cost. Below 0.40 is undervalued, fair value should 1.10 based on latest QR.
1 month ago
LOL 😂. After reading a few comments above, I really laugh my ass off. i3 got no shortage of jokers running around. As the saying goes, there is a sucker born every minute. LoL. Thanks for delighting my day.
Even the humble RHB dare not put in a sky high TP. Their TP is just 55cents but we got jokers putting TP at RM1.1x.
Words of wisdom yah. Only buy after next Qtr result when the construction industry starts churning in profits.
1 month ago
Before you guys flame me...I am not saying Gadang is not a good company. Indeed, it is a mini IJM. But then, its time has not come and capital is better allocated to buy other counters first. Come back after the next Qtr results when the construction division starts churning in profits.
1 month ago
buy in gadang for keep , diam diam keep in laci , wait and see after 6 months time
5 days ago
Peace99
Gadang Tan Sri Kok delivers......just check the progress of Bukit Chagar Station!
2024-05-23 11:10