GADANG HOLDINGS BHD

KLSE (MYR): GADANG (9261)

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Last Price

0.31

Today's Change

-0.005 (1.59%)

Day's Change

0.31 - 0.315

Trading Volume

98,500


38 people like this.

37,595 comment(s). Last comment by acnca84 6 days ago

Larrytrader

1,453 posts

Posted by Larrytrader > 2017-08-04 18:31 | Report Abuse

To tksw and other GADANG fellows congrats and well done on your patience

Larrytrader

1,453 posts

Posted by Larrytrader > 2017-08-04 18:31 | Report Abuse

Next stop:LRT3

Bigbull99

1,104 posts

Posted by Bigbull99 > 2017-08-04 18:31 | Report Abuse

Finally! Gap up on Monday, but i'm sure a lot of people here are like me, trapped at a higher price. Hopefully by end of this month when they winning the LRT too it will be RM1.4

lanjiolang

702 posts

Posted by lanjiolang > 2017-08-04 19:05 | Report Abuse

tonight i want to order 10 bottle of Hennessy, 10 woman to sit beside me, 10 pairs of milks waiting me to suck....... see you all on monday.,,,,,,,

Larrytrader

1,453 posts

Posted by Larrytrader > 2017-08-04 19:06 | Report Abuse

You so geli

didi2005

302 posts

Posted by didi2005 > 2017-08-04 19:27 | Report Abuse

Should break 1.35 next week~~~

keke

784 posts

Posted by keke > 2017-08-04 19:30 | Report Abuse

HAHAHAHA......

BIG LIAO LAH THIS TIME, NO DIE LIAO...

filidon

634 posts

Posted by filidon > 2017-08-04 19:32 | Report Abuse

we all waited to this day - Cyberjaya Hospital !!

keke

784 posts

Posted by keke > 2017-08-04 19:32 | Report Abuse

initially, i am a bit worry since this hospital job had been delayed for some time, summore election is near, scare this job kena sabo by gkent...hahaha

didi2005

302 posts

Posted by didi2005 > 2017-08-04 19:39 | Report Abuse

Once secure LRT3 packages, should break 1.50~~~

keke

784 posts

Posted by keke > 2017-08-04 19:42 | Report Abuse

didi sifu, still need LRT3 baru boleh cross 1.50 ah? if like that better go goreng other counter loh.

keke

784 posts

Posted by keke > 2017-08-04 19:45 | Report Abuse

tksw sifu now must be laughing until cannot finish his dinner now.

Larrytrader

1,453 posts

Posted by Larrytrader > 2017-08-04 20:04 | Report Abuse

Nah tksw sifu buy little only

Larrytrader

1,453 posts

Posted by Larrytrader > 2017-08-04 20:04 | Report Abuse

But good for him and all of us

keke

784 posts

Posted by keke > 2017-08-04 20:07 | Report Abuse

tksw sifu, itu principal officer veli naughty leh..i yesterday also felt suspicious as insider rarely sapu warrant.

tksw

12,831 posts

Posted by tksw > 2017-08-04 20:31 | Report Abuse

aiyo.... I tot it will wash a few days first than start... veli jilakak this penggoreng gadang, I buy not enuf

tksw

12,831 posts

Posted by tksw > 2017-08-04 20:33 | Report Abuse

but nevermind, good news pay a few sen premium worth it, dun tell me this time Gadang change mind shoot up 15 on opening.

tksw

12,831 posts

Posted by tksw > 2017-08-04 20:40 | Report Abuse

keke sifu, this kuan aye ling, last time AGM got act as shareholder, kakaka

tksw

12,831 posts

Posted by tksw > 2017-08-04 20:48 | Report Abuse

I will delete the above comment later, if not Monday will become pricey to buy. Wait until I buy enuf first than I tell you why....

tksw

12,831 posts

Posted by tksw > 2017-08-04 21:00 | Report Abuse

laf die me, KYY said he was construction big brother dunno how to read Gadang. Go buy risky JAKS. high risk high return, kakaka,

tksw

12,831 posts

Posted by tksw > 2017-08-04 21:04 | Report Abuse

sorry everybody, this few days I asked you to slow slow buy small small, my bad; but I really thought they will press at least few days...

Larrytrader

1,453 posts

Posted by Larrytrader > 2017-08-04 21:06 | Report Abuse

It's okay bro

didi2005

302 posts

Posted by didi2005 > 2017-08-04 21:23 | Report Abuse

tksw, not your fault, is the funny pengoreng…not sure fry kway teow or bihun~~~

WSP88

572 posts

Posted by WSP88 > 2017-08-04 22:48 | Report Abuse

I already share the information before, today is bottom price will be rebound on next week. Congratulation to all investor who has bought more at 1.20 -1.21

Invest_168

549 posts

Posted by Invest_168 > 2017-08-04 23:00 | Report Abuse

Gadang Holdings Berhad ("Gadang") is pleased to announce that its wholly-owned subsidiary, Gadang Engineering (M) Sdn Bhd has accepted the Letter of Acceptance dated 1 August 2017 from Cyberview Sdn Bhd to undertake the proposed development of Cyberjaya Hospital (288 Beds) on Lot 47686 and H.S(D) 28779 PT No. 41461 at Persiaran Multimedia, Cyber 11, Cyberjaya, Mukim Dengkil, Daerah Sepang, Selangor Darul Ehsan - Design and Build ("the Contract") at a contract sum of RM475 million.

Invest_168

549 posts

Posted by Invest_168 > 2017-08-04 23:03 | Report Abuse

WTF...received letter on 1/Aug and after 3 days just announced and purposely drag down the share price since 1 Aug.

Invest_168

549 posts

Posted by Invest_168 > 2017-08-04 23:07 | Report Abuse

This should be insider trading:
Name of Principal Officer Description of Securities Date of Purchase No. of Warrants Purchased % of Outstanding Warrants Price per Warrant
Kuan Aye Lee Warrants 2016/2021 1/08/2017 150,000 0.12 RM0.548
=> Need to report to SC to take actions?

Patrick13

1,971 posts

Posted by Patrick13 > 2017-08-04 23:12 | Report Abuse

Don happy so early. Based on these months trend, Monday Gadang will move to 1.30, then drop 1 sen every day subsequently.. Haha.. But still a good news, congrats to all shareholders!

Invest_168

549 posts

Posted by Invest_168 > 2017-08-04 23:32 | Report Abuse

Yes...don't happy too early...especially for the principle officer who involve in this kind of insider trading.

Posted by LearnFromMistake > 2017-08-04 23:47 | Report Abuse

Small case don't expect too much from this Q

kancs3118

2,224 posts

Posted by kancs3118 > 2017-08-05 07:19 | Report Abuse

Good job. Good job....next stop....LRT3...good kill good kill

kancs3118

2,224 posts

Posted by kancs3118 > 2017-08-05 07:21 | Report Abuse

Reliable insider news from higher management ....share price will be suppressed for LRT3project announcement ....buy while you still can

tksw

12,831 posts

Posted by tksw > 2017-08-05 11:23 | Report Abuse

kancs sifu, you veli bad boy, later penggoreng hang you commit suidecide

aseng

8,633 posts

Posted by aseng > 2017-08-05 18:20 | Report Abuse

aseng no tel lies.......

Larrytrader

1,453 posts

Posted by Larrytrader > 2017-08-05 18:34 | Report Abuse

Aseng is good and honest people he no tell lies

Larrytrader

1,453 posts

Posted by Larrytrader > 2017-08-05 18:34 | Report Abuse

Last week his prediction about have something big is because Kok Onn scare will buy so no announce

Larrytrader

1,453 posts

Posted by Larrytrader > 2017-08-05 18:35 | Report Abuse

after a week the aseng theory came true

aseng

8,633 posts

Posted by aseng > 2017-08-05 19:15 | Report Abuse

Don't mention name
Aseng just play play said only
Who know kena jackpot
Don't take it so seriously

Larrytrader

1,453 posts

Posted by Larrytrader > 2017-08-05 19:27 | Report Abuse

on sorry nobody says it last week

qwer111

42 posts

Posted by qwer111 > 2017-08-05 20:31 | Report Abuse

Hospital 475m project .... what is the PE wise to be projected?

Larrytrader

1,453 posts

Posted by Larrytrader > 2017-08-05 21:55 | Report Abuse

under 10 pe

optimus9199

2,794 posts

Posted by optimus9199 > 2017-08-06 09:04 | Report Abuse

Hi i had done a bit of detailed analysis on Gadang lately. I think Gadang will perform very well in FY 2018 onwards, after the Q2.


Problem now is that the out standing orderbook now lefgt RM 220mil ( count out the MRT and those received from Jan - July 2017 as these projects are big, draggy and takes some time may be 3-4 years to be completed). Also, Gadang didnt mention the duration of all its projects secured. So it is difficult for us to estimate the revenues to be generated from them.

So i expect Oct 2017 the results for gadang will be a bit bad vs Q 1 2017 Oct resutls.


Pros for Gadang:

- cheap valuations at PE ratio 8x only compared with peers at PE 15x

- increasing contracts awarded In 2017 - so far obtained about rm 1.7 billion in order books for constructions ( cyberjaya hosp 475 mil, MRT2 952mil, tun razak traffic alignment 328mil ) with out standing order book as at may 2017 = 220mil

-expect gadang to get more projects by end of year from LRT 3 and ECRL.

- properties.segment kwasa land ( GDV 700mil + puchong land 117mil) expected to contribute to gadang earnings by end of 2018

- its solar power in indonesia will start to contribute to gadang earnings as early as early 2018.

- constructions total order book as on Aug 5th now stands at rm2 billion, can sustain its growth for at least 4-4.5 financial years.

- dividend 3 sen translate to yield of about 2.5% per annum.

- ROE of 18% currently and increasing for the past 4 years.

- number.of shares about 650mil --> ? More potentials for share split and bonus

- net cash company of about 10sen per share After deducting borrowings of rm 350mil. Able to Give sustainable dividends.



Cons about Gadang :

- MRT2 project is large and draggy. Takes a long time to complete maybe 4-5 years? Will start to contribute to its earning maybe in 2-3 years time? Duration of the project obtained by gadang was not mentioned by the company ( unlike the ones announced by Econpile kerjaya Gkent...they do mention the duration of projects )

- rarely pays dividend only once a year 3sen.
- high payable rates ( means it has to pay to its supplier in long term debts ). But this is common in constructions companies.

- it also have little receivables (means other people gonna pay gadang back)...? Risk of them not paying back

- %free float of shares in Market quite high about 50-60% as the directors didn't hold large chunk of shares unlike Econpile kerjaya.

- fund managers didn't hold much of shares in gadang too.

- very liquid movements of share prices of gadang. Risk of being manipulated by share manipulators are high.⁠⁠⁠⁠

chongyo

114 posts

Posted by chongyo > 2017-08-06 09:19 | Report Abuse

Optimus, That's good analysis.

aseng

8,633 posts

Posted by aseng > 2017-08-06 12:19 | Report Abuse

https://youtu.be/ve-l12bgLzU

cospi03

201 posts

Posted by cospi03 > 2017-08-06 12:40 | Report Abuse

Hospital construction duration normally average 6 years. Might be longer for govt hospital.

aseng

8,633 posts

Posted by aseng > 2017-08-06 12:43 | Report Abuse

Dedicated to all my dear friends here

https://youtu.be/X1dgDBAorDA

aseng

8,633 posts

Posted by aseng > 2017-08-06 17:50 | Report Abuse

Worst is over , time to fast forward .
see all of you at 1.40 next week ....

cospi03

201 posts

Posted by cospi03 > 2017-08-06 18:06 | Report Abuse

Feel weird, why the share price does not really move earlier with 1.5bn orderbook (ex hospital). Is it bcoz all contracts are more than 5-6 years? Please advice

tksw

12,831 posts

Posted by tksw > 2017-08-06 20:00 | Report Abuse

cospi sifu, this is because Gadang investors want this want that.... kakaka

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