https://api.nst.com.my/business/2022/04/792149/ijm-opens-110-km-indian-highway

stop your scare mongering...

Quote from the above article.
IJM India currently operates three tolled highways in India — the Solapur-Bijapur tollway, 68-kilometre Chilkaluripet-Vijayawada tollway and 19.8 kilometre-Dewas Bypass tollway.

Since 1998, IJM India has delivered several major road projects totalling more than 1,500 route kilometres along with 20 kilometres of urban rail projects as well as 20.20 million sq ft of prime residential and commercial development in India.

keyword: since 1998

Just a few ? Why not hy the truck load ?

Right now, the RTS project faces prolongation costs - expected to be completed in 2024 but delayed to 2026. Dunno whether Gadang can claim these costs or not.

Today is dividend ex-date ...but then, share price still stay above RM5...kudos

What it needs is big govt projects

Seems like Lou sai

Gadang get a lot small parcels from IJM.
What do you mean bro ? You mean if IJM wins big contracts, they will farm out some small kacanh putih jobs to Gadang ? What is your basis on making this statement ?

By the way, HSR is too far away...more practical to look at Bayan Lepas LRT, LRT3 and MRT3.

Means you sell too early ...hahahahaha

They need to finished building that ERCL contract that they entered during 2020 MCO time

Construction division is bleeding the group ...

QTR results is totally unimpressive

Are you talking about the ERCL?

Alot gonna hinge on this upcoming QTR result - supposed to be released either today Wednesday or this Friday.

CGS-CIMB raises target price for IJM Corp to RM2.88 on better project pipelines, higher valuations https://theedgemalaysia.com/node/698306

Bro..you sell based on trailing PE ...not based on forward PE...meaning that the current share price relative to past 4 QTR is overpriced...but relative to the remaining two quarters is considered as fair price. Per the QTR results, the infrastructure , industrial and properties division is expected to deliver significant gains this year....this lowering the P/E.

Quarter results is about to be released....

Really wasted...the show is about to start

Really wasted ...

Seeds have been planted many seasons ago...now, just watch as the tree 🎄 grows and wait to reap her harvest

After reading through the Quarterly report Q2FY24, there is an expectation next 2 QTRs will have better results that Q2FY24. Market sort of like priced this into it's PE already

Move some funds to IJM ,bro

Now wondering whether to park at either Gadang or IJM ?

Wonder if government will ask them to sell of their highways like Gamuda..

What's so good about IJM ?

Symlife is the best...

Let you feel stim first ....baru potong stim

Gadang aims for government projects ...they have got a leg in ECRL, MRT, TRX and hospital projects ...

Bro...CNY baru finish leh...back to reality lar

You drunk ?

Just wondering whether Gadang will claim the elongated cost from MRT2? The Covid19 has exerted a huge pressure on their Margin

Me waiting at RM4 for CNY celebration angpow...

Yeah...may God have mercy on those clueless folks who thought this dead counter gonna rebound...

Agreed...with Budget 2021 putting the construction sector to work...Pintaras is expected to start bidding for local jobs. Their Singapore arm is doing really well...

Definitely, ...Gadang stands to win big due to its expertise in rail construction. 2021 will be a good year for Gadang. Currently, it has a foothold in ECRL and Bandar Malaysia.

Ohh...applicable to Seberang only...

Your banker is smoking what type of grass ?

Mark my words.....The construction theme will bouy Gadang's share price but there is a catch. That Gadang must improve its bottom line. Less than $1M PBT is unacceptable for this construction giant. It's cost structure is simply too big to pick up measly small jobs. If Gadang can maintain at least 50% of its pre Covid 19 PBT, then Gadang share price will surge upwards. Hopefully, with a slew of new construction jobs on the offering, Gadang will win a few with its competitive bids.

Anyway, Gadang already secured a few footholds in Bandar Malaysia and ECRL projects. Hopefully, these serves as a precursor to something big down the road.

The government may introduce a windfall tax on economic sectors which have reaped huge profits during the COVID-19 pandemic, under Budget 2021.

Maybank Kim Eng said a windfall tax was not unusual as there was a precedent during the Asian Financial Crisis in 1998.

Please remember government has no money....besides windfall tax GST is on the table.

Don't compare with TGlove and the rest of the big boys...Mah Sing not yet produce anything to show for....pay the lower, the better

90 cents still ok lar

Friend...now Budget 2021 ..lots of uncertainties...and US election is just a few more days...all this adds to uncertainties leh...

RM0.80 coming Dee....this price is justifiable for the property division ...get the gloves for free...

The lower the price, the lower the forward looking PE , the safer it is...

For me, I will wait till mid Nov...after Budget and US election...expect price to remain choppy for now

Drop to 90cents baru collect

@ grace82... First post and it is directed at me...hehehe..what an honour ... ;-)

Actually, Tan Sri is a very capable businessman...evident from how he grows the utility business in Indonesia in a few short years...next on the radar is the piling business in Singapore ...hopefully, they are able to emulate the success of Pintaras Jaya...the founder of Pintaras Jaya works in Bridgecon construction..the same place where KokOnn started his career.

Now, I am more concerned about the state of our political affairs

You think Gadang won't go back up to 80 cents ? Majority of construction stocks are down

When we compare btw Q1FY21 vs Q1FY20 (pre-Covid19), the revenue from progress billings is lower indicating that the work in progress from Construction is slower. Maybe the Covid19 has severely disrupted the supply chain, resulting in inefficiency in work flow, harder to procure construction materials and workers displacement. All this leads to higher overheads resulting in margin compression.

Probably, a more reasonable comparison is to compare btw Q4FY20 Vs Q1FY21. By virtue of net profit before tax, it seems Gadang is slowly picking itself back up.

If we compare Vs Q1FY20, this is unreasonable because it is pre_covid 19 level.

Erectile dysfunction got lar