If by the time gadang bag the hospital and lrt3 contract together with a fantastic result from 3rd Quarter than gadang will bomb wahahaha... start dreaming lol
@Meowyx i dunno man... as the investor of gadang ofcos i hope it go as high as possible like ekovest or gkent...gadang is uptrend but moving abit slow compare to the other good construction company...short term my own TP for gadang is 1.50....but gadang need to secure the lrt3 and hospital project plus quarter 3 profit need to better than last year^^
No lrt3 already, most likely lost haih. It's ok hospital enough to move, QR abit tricky, would be slightly higher and people has already priced in for good QR. Give it some time people, market sentiment bad now, hold and be rewarded. Think about it, if operator goreng so high n much, the one will gain would be retailers as we will dispose with little profit when market bad. They rather control the price and let the retailers dump lower n slowly collect. So hold on to it, sooner or later operator will push At the right time.
Dont forget Gadang is diversification of business, majority profit contributed is from construction. Gadang is working hard on it and tender accordingly. Second is property development. Actually this sector profit contribution also improved much compared to prior years. But my worry part is ESOS might increase cost for the current year performance.
Received replies from Gadang as below: 1. safeguard duties for import of bars and wire rods, any cost impact? reply - for MRT projects, PDP will absorb cost for steel and for Rapid project, cost impact but manageable
2. do you tender for ECRL, Sabah Borneo and West Coast highway? ECRL - will review the viability of project. Currently, they have no called for any tender yet Sabah Borneo - not at the moment West Coast - tendered but no news.
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....
sogeking
228 posts
Posted by sogeking > 2017-04-18 14:23 | Report Abuse
Same here