if I'm not mistaken, there were GS05, GS06 and GS09 yet to be awarded. WithIJM won one of the work packages today which means 2 more to go. Correct me if I'm wrong.
Today price is RM0.95 vs NTA per share of RM0.99. I couldn't predict whether the price will further go down. But it is creating margin of safety now to lest downtrend losses.
Would be great if you could further explain or evaluate how good they are. Won't too easy to justify the stock is good or bad if you just simply look at the chart only?
babihutanlol Gamuda and Suncon is better than gadang... Gadang Chart still down trend 14/03/2018 18:18
Babihutan88, Gadang still have about 1.5bil project on hand, it is set to be busy for next 3 year. And the Capital21 still remain about 200mil profit will be actually in next 2-3 year. So estimated annual EPS will be at 15cents for next 2-3 year. And Gadang's cash flow is very good and healthy. So no worry in near term.... but still hope can getting more project to add-on brighten future.
LMAO Dylan Property got demand-ah Construction biznes also kong-khai chio-pio Pay under table here n there Unless Tan Sri change name to Mohd Salim-la Muahahahaha
The LRT3 package won by IJM was for the underground tunnel. This speciality belongs to Gamuda and IJM....but Gadang is more on large scale earthworks project. Hence, it is proper and prudent that Gadang does not bid for this package.
i doubt they can do big scale earth work now. we heard many good horses have left with so many big scale railway projects in the market, not easy and expensive to get good horse team
Gadang reminds me alot about Ho Hup. Another construction and property company who had a prized land co-developed with reputablr developer. Ho hup realized fat profit from the joint venture with pavillion in bukit jalil. However all of the profit were not enjoyed by the shareholders but heinf used to fund other property developments instead
Muarmali, one horse gone... a new horse will be replace. In a company, no one is critical, only the CEO. Sometime good horse will not help company make profit.
CEO is also very hands on.... Like the taukeh of a restaurant....this taujey knows how to cook.....so, he is not scared if his top chef cabut.....he cook himself....
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....
Dylan Yong Hua Tai
222 posts
Posted by Dylan Yong Hua Tai > 2018-03-13 16:22 | Report Abuse
T_T no eye see ...