GADANG HOLDINGS BHD

KLSE (MYR): GADANG (9261)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.31

Today's Change

-0.005 (1.59%)

Day's Change

0.31 - 0.315

Trading Volume

929,900


38 people like this.

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

Takashi

296 posts

Posted by Takashi > 2018-07-17 13:47 | Report Abuse

mean go holland

Posted by PiddleMinger > 2018-07-17 15:03 | Report Abuse

meanwhile insiders keep accumulating. Hmm..

Whey Whey

1,839 posts

Posted by Whey Whey > 2018-07-17 16:08 | Report Abuse

The jackpot is whever the payment from capital city 21 already go in to the coming quarter or not. U all be know by next week hopefully xD

Data5000

388 posts

Posted by Data5000 > 2018-07-18 07:59 | Report Abuse

丰隆投行研究分析员点出,捷运路线2(MRT2)料是下一个被缩减规模的目标,届时料冲击部分上市公司,分析员维持领域“中和”的投资评级。

随着新政府上台,隆新高铁和捷运路线3已经被取消,而东海岸铁路(ECRL,简称东铁),则是重新谈判条款。

至于轻快铁路线3(LRT3),则是被新政府缩减规模,以求节省成本。分析员认为,总值320亿令吉的MRT2,有可能成为政府缩减成本的下一个目标。

若真的对MRT2“开刀”,受影响的上市公司,将包括金务大(GAMUDA,5398,主板建筑股)、马矿业(MMCCORP,2194 ,主板贸服股)、IJM(IJM,3336,主板建筑股)、双威建筑(SUNCON,5263,主板建筑股)、乔治肯特(GKENT,3204,主板建筑股)、WCT控股(WCT,9679,主板建筑股)和嘉登(GADANG,9261,主板建筑股)。

回顾上半年,颁发给上市公司的国内合约有87亿令吉,按年减少了18%。

展望下半年,分析员预见合约流会走缓,因部分大型项目都被缩减规模,今年的合约颁发料企于150亿令吉,比去年的290亿令吉显著减少。

investor88

282 posts

Posted by investor88 > 2018-07-18 17:47 | Report Abuse

https://www.theedgemarkets.com/article/sporekl-hsrs-fate-teeters-twoway-meeting-outcome-led-azmin-end-july-0

if the HSR goes well, its time to go all in into construction stock!!!

imokay

83 posts

Posted by imokay > 2018-07-19 15:27 | Report Abuse

lai liao

SmallFish8

1,060 posts

Posted by SmallFish8 > 2018-07-19 15:37 | Report Abuse

what happen lol...

dompeilee

11,888 posts

Posted by dompeilee > 2018-07-19 15:47 | Report Abuse

Follow Kok Onn to buy some Gadang...mine just bought @ 73.5c =)

SmallFish8

1,060 posts

Posted by SmallFish8 > 2018-07-19 15:48 | Report Abuse

lol... Ekovest chase over gadang soon... lol

SmallFish8

1,060 posts

Posted by SmallFish8 > 2018-07-20 10:45 | Report Abuse

Tidur ar gadang... Result coming but price like shit....

Data5000

388 posts

Posted by Data5000 > 2018-07-20 16:39 | Report Abuse

关税局昨日公布一份近300页的销售税免税清单,惟财政部长林冠英今日澄清,此清单仅是建议,仍待咨询公众意见。

HAHa 陷阱

jibbie

762 posts

Posted by jibbie > 2018-07-20 19:31 | Report Abuse

dont know until when can reach my average price.

Patrick13

1,971 posts

Posted by Patrick13 > 2018-07-21 10:12 | Report Abuse

What is your average price?

sosfinance

1,305 posts

Posted by sosfinance > 2018-07-21 20:14 | Report Abuse

"Pan Borneo Highway contracts to be honoured" (The Edge Weekly). There may be delays and hopefully Gadang's tender will be successful.

geary

6,378 posts

Posted by geary > 2018-07-21 20:36 | Report Abuse

Dollars n Sense...!!!
https://www.valuewalk.com/2018/07/trump-weaker-dollar/

sosfinance

1,305 posts

Posted by sosfinance > 2018-07-23 09:51 | Report Abuse

Announcement soon on 26 July 2018.

Posted by PiddleMinger > 2018-07-23 11:12 | Report Abuse

Moment of truth days away. I'll buy more if Gadang can show a good quarter result.

dadada123

140 posts

Posted by dadada123 > 2018-07-23 12:55 | Report Abuse

Avg price at 0.675. waiting the QR and trend b4 top up.

Larrytrader

1,453 posts

Posted by Larrytrader > 2018-07-23 13:21 | Report Abuse

Average price at 1.09 claimed one 0.03 dividend so counted as 1.06 still holding since 1.3.2017

TheMiddle

789 posts

Posted by TheMiddle > 2018-07-23 15:09 | Report Abuse

How come gadang warrant WB can reach 60cents when mother’s share at price of RM 1.30 with RM1.06 exercise price?

EST85

393 posts

Posted by EST85 > 2018-07-23 15:39 | Report Abuse

@sosfinance What's news announce soon?

sosfinance

1,305 posts

Posted by sosfinance > 2018-07-23 16:01 | Report Abuse

@EST85 I was merely refer to Q4 and expected better results than last financial year 5-10%. Recent days volume appears better than previously (a positive sign). Gadang is the one of many stocks that its fundamental runs faster than the share price for a year plus. All it needs is "a play" and the "script" is ready. When will it happen, is half a billion dollar question.

EST85

393 posts

Posted by EST85 > 2018-07-23 16:47 | Report Abuse

Yes. Gadang's fundamental is pretty and good performance business.
However, the Management not so kind to distribute the Dividends or bonus shares to Shareholders.
May be they keep for money for more investment and put the in bank deposit temporary??

hl18

81 posts

Posted by hl18 > 2018-07-23 17:14 | Report Abuse

epf bought..but recently disposed some...dun know the coming qr will be good or not?

Patrick13

1,971 posts

Posted by Patrick13 > 2018-07-23 17:35 | Report Abuse

Oh no.. You seems dun understand Gadang. They pay final dividend annually, and just distributed bonus shares in the end of 2016. What are you looking for actually?

EST85 Yes. Gadang's fundamental is pretty and good performance business.
However, the Management not so kind to distribute the Dividends or bonus shares to Shareholders.
May be they keep for money for more investment and put the in bank deposit temporary??
23/07/2018 16:47

Whey Whey

1,839 posts

Posted by Whey Whey > 2018-07-23 17:38 | Report Abuse

Hahaha

samyew1234

1,362 posts

Posted by samyew1234 > 2018-07-23 17:46 | Report Abuse

coming q this week heard is bad

sosfinance

1,305 posts

Posted by sosfinance > 2018-07-23 18:24 | Report Abuse

I heard coming quarter is good (i.e. FYE18 is better than FYE17). However, how the price reaction is anyone's guess. Positive sentiment in construction sector helps. It depends how market react, last 3 FYEs average is RM85m, next 3 FYEs average estimates is RM120-130m (with existing projects).

Patrick13

1,971 posts

Posted by Patrick13 > 2018-07-23 21:46 | Report Abuse

Wont be surprise. 4th QR is the best performance in the past 3 consecutive years. Just wait and see ya.

EST85

393 posts

Posted by EST85 > 2018-07-24 12:22 | Report Abuse

Patrick13 . Thank for explaining.
Yes. I'm bought it this month. Because the past few Qtr reports are look quite good.

Hope they can distribution some special dividends. I bought it for long term.

Datokim

600 posts

Posted by Datokim > 2018-07-24 15:18 | Report Abuse

keep collecting !!!

2721

2,003 posts

Posted by 2721 > 2018-07-24 17:15 | Report Abuse

sapu sapu...gogogoogoooo

sosfinance

1,305 posts

Posted by sosfinance > 2018-07-24 17:20 | Report Abuse

One of the few stocks that selling below Net Current Assets of RM800m plus and with earning growth of double digit. Script is ready, waiting for action.

Larrytrader

1,453 posts

Posted by Larrytrader > 2018-07-24 18:22 | Report Abuse

Good closing today

2721

2,003 posts

Posted by 2721 > 2018-07-25 16:27 | Report Abuse

quarter result out tomorow?

Her Sin

107 posts

Posted by Her Sin > 2018-07-25 18:58 | Report Abuse

Result released ,revenue up but profit drop 21% due to the high expense because of investment properties and esos.
Construction is doing good,property is slightly better, utility is going flat,company is looking positive on financial year of 2019
And declare 3 cents dividend

dadada123

140 posts

Posted by dadada123 > 2018-07-25 19:12 | Report Abuse

Total expenses for the current year to date increased by RM23.95 million as compared to the preceding year
to date. This was mainly attributed by the following accounting charges:
 fair value adjustment pursuant to the granting of the Employees’ Share Option Scheme of some RM4.38
million; and
 one-off impairment costs amounting to some RM10.49 million in relation to investment properties,
inventories and other receivables.

peterchu

582 posts

Posted by peterchu > 2018-07-25 19:14 | Report Abuse

Good result

2721

2,003 posts

Posted by 2721 > 2018-07-25 19:26 | Report Abuse

thx for update, sound good..will add more

Posted by selective_contrarian > 2018-07-25 19:33 | Report Abuse

Yes, but most importantly profit was only down due to non-recurring, one-off impairment costs amounting to some RM10.49 million in relation to investment properties. Subtract this and the PAT for the current quarter will far exceed that of BOTH the previous and the corresponding quarter of FY17 - implying that income from core operations is still very much experiencing steady growth.

But even as it is, both q-on-q revenue growth and ytd revenue still increased by approx 10% despite the challenging circumstances that the company had to operate in with a slowdown in construction as well as property development sectors over the past few months (profits for property development somehow actually increased by almost 100%!). With that in mind, I think this has been a very commendable performance.

Will continue to hold and ride this construction stock rally that we're going through right now for a few more weeks until valuations normalise once again. This stock is still deeply undervalued IMO, esp with an order book that size + new income streams from its construction and utility divisions in Q1 and Q2 of FYE19 respectively.

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-07-25 19:40 | Report Abuse

No surprise, beter sell

Data5000

388 posts

Posted by Data5000 > 2018-07-25 19:52 | Report Abuse

嘉登控股(GADANG,9261)末季业绩急跌。

该公司在截至5月31日止的第4季里,营收虽起了5%至1亿8201万令吉;惟净利却急退22%至2327万令吉。

全年净利则下滑5%至9512万令吉。

第4季的每股净利是3.53仙,董事局建议派发每股3.0仙终期股息。

HaHa

sosfinance

1,305 posts

Posted by sosfinance > 2018-07-25 20:36 | Report Abuse

Adjusted core recurring net profit (exclude one off expenses) is about RM110m vs RM100m. More importantly, the construction orderbook is 4.0x revenue. Property segment will continue to do well from share of GDV of Capital City, and new launches going forward. More importantly, it can continue to sustain double digit growth from RM110m for next two (2) FYs.

Let's see how the market react for next couple of weeks.

investor88

282 posts

Posted by investor88 > 2018-07-25 20:36 | Report Abuse

fair value adjustment pursuant to the granting of the Employees’ Share Option Scheme of some RM4.38
million; and
one-off impairment costs amounting to some RM10.49 million in relation to investment properties,
inventories and other receivables.

These two are non recurring kind of transaction which means the full year PBT should be 147mio for FY 2018 vs 141mio for FY 2017 and this will translate into 4.25% growth YoY.

investor88

282 posts

Posted by investor88 > 2018-07-25 20:41 | Report Abuse

On top of that, FY 2018 for construction segment only recorded revenue of 376mio.

Gadang still hold existing project namely, RAPID package 301 and 402 and new projects namely, KVMRT V206 project, TRX project and Cyberjaya Hospital. Based on the on-going infrastructure projects under construction, a stable earnings stream is expected for the
financial year ending 31 May 2019. In addition, the division’s outstanding order book of some RM1.51 billion, shall provide good income viability for the Construction Division


So the sustainable earning for Gadang in near future should be very positive. On top of that, potential tender on ECRL, HSR and Pan Borneo might boost the book order beyond 2billion.

investor88

282 posts

Posted by investor88 > 2018-07-25 20:41 | Report Abuse

https://www.theedgemarkets.com/article/phase-2-pan-borneo-highway-sarawak-undergoing-technical-study-%E2%80%93-works-minister

Baru also said the highway project in Sarawak also involved the upgrading of existing roads to four lanes over 706km that covered the implementation under the first phase in 35 packages.

He said the 12 packages under construction would continue to be implemented while the remaining 23 packages were still in various stages of implementation.

shpg22

2,984 posts

Posted by shpg22 > 2018-07-25 20:51 | Report Abuse

Very good Q4 result. Strong revenue growth and profit (excl impairment of almost 10M). Recent price drop is unwarranted and present a big discount on GADANG. INITIATE STRONG BUY at 1.00

Patrick13

1,971 posts

Posted by Patrick13 > 2018-07-25 21:03 | Report Abuse

Very positive result. Once utilities division start to contribute profits in early 2019, next year should expect another better financial performance.

Whey Whey

1,839 posts

Posted by Whey Whey > 2018-07-25 21:09 | Report Abuse

Good please drop, i want to collect cheap tmr! Without all the one off expense, 2019 will be a outstanding financial year^^

Post a Comment
Market Buzz