MRT2 will still on going and only Gamuda underground work will be re-tendered again. Just wondering why many people said it will affect other awarded contractor?
Gadang only up after QR release. If observe from 5mins graph,some party suppress the price very kuat purposely. If result is good,will fly to sky coz the price has been pressed down for a year already.If result is not good,then bless you
Property is doing good which is beyond expectation. Construction is doing less expectation. So two sectors are offset each others. Cost of sales and foreign loss are root cause,is OK OK result,
lower activity for the qtr maa... got 2 hali layar in the qtr.... sure low activity... this is a construction company ler... not trading/manufacturing company. the project revenue is determined when it is awarded,( with VO come into later), this period recognised lesser, next period got more to recognised, profitable or not got to see their project management... so far so good. See if like JAKS then die lar... other constrution company last qtr making losses oso got, Gadang is still steady... but this EPF ka-ka jiao-jiao playing ding-dong, play die the company share price.
Construction engineering firm Gadang Holdings Bhd’s net profit dropped 10% to RM16.54 million from RM18.34 million in the first quarter ended Aug 31, 2018 (1QFY19) due to lower revenue from its construction and utilities segment as well as higher expenses.
The group said other expenses for the quarter under review increased to RM1.06 million compared with the preceding year mainly due to unrealised loss on foreign exchange.
wow!!! vizione EPS whole year only 0.71 sen but price 97 sen Gadang lowest qtr EPS 2.5 sen but share price 67.5 sen. & this vizione got many qtr loss record in the past. Market cap oso Vizione is 544+ mil vs Gadang 446+mil... gadang is many many times cheaper than vizione....
takashi sifu, why tq me? this vizione got profit guarantee 82mil + for FY 2017 and 2018, FY 2017 got 28mil+ (cant remember) only, that means 2018 got to achieve 50mil+. got to becareful with vizione... NTA oni 11 sen wheareas Gadang NTA RM1.09+-. dunno why EPF keeps playing ding-dong with Gadang. whether Gadang can break 70sen or not really depend on the penggoreng... want to go RM1 oso can if they want
Nta slow but steady up every quarter, gadang will become richer and richer, some more next year utility section will start to generate stable income, pe still below 5, no point to worry la.
takashi sifu, vizione NTA 11sen... dunno take how many years veli good profit just to cat ch up with current share price.... BUT I didnt say it share price kenot goes up arr....ppl nowadays wanna see qtr profit up up up.... dun care whether the share price expensive or not...
Gadang low PE <5 High NTA RM1.09 Double digit profit margin Dividend Yield >4% @RM0.03 Cash RM206mil @ RM0.31/shares Short term borrowing RM58.6mil Long term borrowing RM238.9mil Construction orderbook RM1.5bil @2018 construction revenue RM376mil only, current orderbook can last more than 3 years Properties Unbilled sales RM106.5mil + capital 21 mall just open Utilities 9MW mini hydro power plant currently under construction is expected to be completed by this financial year and this will add a fresh recurring income to the Group.
Gadang is definitely one of the best construction stock.
takashi sifu, I surfed high & low to find vizione 2.5 bil (or 2.9bil) order book, kenot find.... go to WSSB website, oni got up to 2013 info... http://www.wirasyukur.com/current-project-2013/ it appears that vizione pay 280mil (cash & shares) to buy this "order book"... walau..eh....
takashi sifu, I found out the vizione 2.9 bil "private commercial projects" already, mostly awarded by company's related to the Dato Ng, the boss.... he use other company to award WSSB and than use vizione to acquired WSSB... and these award, mostly pending... some near completion....I feel they talk BIG..... sindiri punya company, anytime can mutually terminate...or shelf the project...
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....
Gore Victor Lee
191 posts
Posted by Gore Victor Lee > 2018-10-15 16:30 | Report Abuse
holland again