kancs3118 Do you think it will hit 45 cents ? 18/05/2020 3:21 PM
Kancs : of course it ..near term should reach 0.5 Before end of this month, going to be announcement on project revival... economy stimulus on contructions and property....
Gadang at 0.42 now is very cheap... Gadang is a cash rich company.... Many order books... Now leading towards the announcement date, will see Gadang slowly up trend... buy now... and get more profit....
@ Ming Goon, ...sure boh ? Got rumor that Gadang win contract ? Don't shiok sendiri leh....last time Gadang spike up due to partnership with DWL - got rumor that they will win multi billion contract ...end up now, DWL is in the drain with share price at 20cents...and Gadang is suffering from Fair Value losses / write down....
All these rumor ...better take it with a pinch of salt leh...
In the quarterly report, Gadang has mentioned the construction division is foresees difficulties in securing construction contracts leh ...due to limited jobs going around with too many competitors...
Trailing PE can be based on the quarterly results. At current price ...PE almost 10. Meaning on a profit growth point of view, the company is fairly valued.
Needs Gadang to bring in more profit for share price to further increase. At current PE 10, limited headroom.
But if you look at Kim Lun, PE of 4.+, Plenty of headroom for them to go up. But PE just tells you about profit (PnL) side but not the balance sheet side. Kim Lun is loaded with plenty of debt. Another thing is that Kim Lun accepts works from private sectors compared to Gadang which is mainly government works. But Kim lun's strength comes from their concrete manufacturing . This will provide then consistent cash flows.
@ Armageddon....agree with you...kanasai..this is shit hole company...I will drop it below 10 cents....kanasai...make this a penny stock company....next stop..PN17!!!
@ Armageddon,...don't say I boh jio you...get ready your bullets...get ready to shoot at 10 cents.....I am taking margin to sell Gadang at 10 cents.....let you pick up...get ready...get set...1.2.3.
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....
MingGoon
1,774 posts
Posted by MingGoon > 2020-05-18 15:33 | Report Abuse
kancs3118 Do you think it will hit 45 cents ?
18/05/2020 3:21 PM
Kancs : of course it ..near term should reach 0.5
Before end of this month, going to be announcement on project revival... economy stimulus on contructions and property....
Gadang at 0.42 now is very cheap...
Gadang is a cash rich company.... Many order books...
Now leading towards the announcement date, will see Gadang slowly up trend...
buy now... and get more profit....
Gadang... TP 0.65