Actually, Tan Sri is a very capable businessman...evident from how he grows the utility business in Indonesia in a few short years...next on the radar is the piling business in Singapore ...hopefully, they are able to emulate the success of Pintaras Jaya...the founder of Pintaras Jaya works in Bridgecon construction..the same place where KokOnn started his career.
haha yes, i've always followed this thread but never commented. Wondering if you're an employee or ex employee of Gadang based on your knowledge of the company?
Mark my words.....The construction theme will bouy Gadang's share price but there is a catch. That Gadang must improve its bottom line. Less than $1M PBT is unacceptable for this construction giant. It's cost structure is simply too big to pick up measly small jobs. If Gadang can maintain at least 50% of its pre Covid 19 PBT, then Gadang share price will surge upwards. Hopefully, with a slew of new construction jobs on the offering, Gadang will win a few with its competitive bids.
Anyway, Gadang already secured a few footholds in Bandar Malaysia and ECRL projects. Hopefully, these serves as a precursor to something big down the road.
Definitely, ...Gadang stands to win big due to its expertise in rail construction. 2021 will be a good year for Gadang. Currently, it has a foothold in ECRL and Bandar Malaysia.
2021 Budget: Government to proceed with HSR project By New Straits Times - November 6, 2020 @ 8:20pm https://www.nst.com.my/news/nation/2020/11/638836/2021-budget-government-proceed-hsr-project KUALA LUMPUR: The government will proceed with the Kuala Lumpur-Singapore High-Speed Rail (HSR) infrastructure project. Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz, in tabling the 2021 Budget in the Dewan Rakyat today, however said the implementation of the project was subject to discussions with Singapore. "The government will continue the HSR project as this project is expected to generate a positive multiplier effect to the country's economy," he said.
President Biden is favours to world trade ! World economy will start booming from today onwards ! And asian stock markets including KLSE will be in bull market from today onwards !
KUALA LUMPUR: Malaysia said on Wednesday it has signed an agreement with China to cooperate on the development of a safe and efficacious vaccine, as part of efforts to combat the Covid-19 pandemic.
Under the agreement, in force for an initial period of five years, the Southeast Asian nation will be given priority access to Covid-19 vaccines developed by China. Both will share knowledge and expertise and facilitate scientific and technological capabilities to advance vaccine development in their countries, Malaysia said in a joint ministerial statement. Science, Technology and Innovation Minister Khairy Jamaluddin signed the agreement with his Chinese counterpart Wang Zhigang in a virtual ceremony.
Cooperation between Malaysia and China under the agreement would be supervised by a committee chaired by the foreign affairs ministers of both countries that was formed in October to address post-pandemic challenges.
"Both countries will also support the participation of their public and private sectors including universities, institutions, societies and organisations in joint collaborative projects," the Malaysian ministries said.
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....
alan26334
49 posts
Posted by alan26334 > 2020-10-25 10:01 | Report Abuse
https://www.theedgemarkets.com/article/gadang-net-profit-rises-356-1qfy21