Posted by Candlesticks > 2020-06-04 13:30 | Report Abuse

today's gain already reversed the downward trend. tomorrow might continue to up further.

Posted by investortrader88 > 2020-06-04 14:57 | Report Abuse

KEY INVESTMENT HIGHLIGHTS

AQRS secured RM36.7m ECRL job award
Duration of contract is 22 months
Neutral on the job win within replenishment assumption
No change to our earnings forecasts
Reaffirm BUY on Gabungan AQRS at TP of RM1.42
AQRS secured RM36.7m ECRL job award. Gabungan AQRS announced on Bursa yesterday that the Group has received and accepted Letter of Acceptance (LOA) from China Communications Construction (ECRL) Sdn Bhd. The LOA to undertake drainage works for the East Coast Rail Link (ECRL) project in Pahang. Under the LOA, the award involves construction and completion of subgrade, drainage and culvert works at the base camp of the project.

Duration of contract. The contract period for the ECRL is 22 months, commencing end of June 2020.

Neutral on the job win. The new job contract has lifted its construction outstanding order book to an estimated of RM1.84b from RM1.80b as of early of March. Nonetheless, we are neutral on the award as it is well within our FY20 total job replenishment target – which is RM0.5b. Nonetheless we are upbeat on further inflow of new contracts and expect more job awards in the coming months.

No change to our earnings forecasts. Premise on above, we make no changes to our earnings forecasts.

Our views. This ECRL contract is expected to contribute positively to the future earnings of AQRS. Downside risks include (1) disruption in the building material supply chain, and (2) additional construction site restrictions. On a separate note, going ahead, we anticipated a better contribution to AQRS’s earnings from LRT 3 works on the back of better work progress. Other than that, we anticipate good news on Pan Borneo Highway Sabah (PBH) project given that AQRS has already submitted tender for PBH packages with Suria Capital.

Recommendation. We maintain our BUY stance with an unchanged TP of RM1.42. Our TP is derived based on a PE multiple of 10x to FY21EPS.

Source: MIDF Research - 4 Jun 2020

Posted by Candlesticks > 2020-06-04 16:47 | Report Abuse

the sentiment could be due to PM announcement on short term stimulus package. all property stock today up.

Posted by Davedeli > 2020-06-07 15:55 | Report Abuse

Anyone notice an Ascending Triangle being formed?

Posted by TheThird > 2020-06-08 18:40 | Report Abuse

Interesting observations from 2019 Annual Report:

- Jointly owns concrete pre cast manufacturer with Sabah Economic Development Corporation (SEDCO). This division is well positioned to capitalise on Pan Borneo Highway and other Mega projects in 2H20 onwards.

- Solid management has successfully decreased operating expenses by 14%; Debts are supported by 139m cash, Gearing ratio of 0.23x; NTA of 515 million- greater than market cap

- order book at end 2019 of RM 1.8 BILLION. NOT including recent ECRL award.

- Earnings visibility up to 2023. Shows involvement in high value projects despite slowing down in infrastructure spending

- One off LAD charge for property segment.

Posted by stainlyho37 > 2020-06-09 08:21 | Report Abuse

very attractive for WB...aiming over 100% return...!!!

Posted by investortrader88 > 2020-06-11 17:58 | Report Abuse

Change in the Interest of Substantial Shareholder (202006113800072)
Company Name GABUNGAN AQRS BERHAD
Stock Code / Short Name 5226 / GBGAQRS
Date & Time Announce 11/06/2020 05:10:14 PM
Subject Notice of Interest Sub. S-hldr (Section 137 of CA 2016)

Content
Substantial Shareholder's Particulars
Name : KUMPULAN WANG PERSARAAN (DIPERBADANKAN)
Address : Level 36, Integra Tower The Intermark 348 Jalan Tun Razak 50400 Kuala Lumpur Wilayah Persekutuan Malaysia
NRIC/Passport No/Company No. : KWAPACT6622007
Nationality/Country of Incorporation : Malaysia
Descriptions(Class & nominal value) : Ordinary Shares

Name & address of registered holder
Kumpulan Wang Persaraan (Diperbadankan)Level 36, Integra Tower The
Intermark 348 Jalan Tun Razak 50400 Kuala Lumpur

Details
Date of Change No of shares Price Transacted(RM) Transaction type
10/06/2020 327,900 0.000 Acquired

Description of other type of transaction :
Circumstances by reason of which change has occured

Nature of interest : Indirect Interest
Direct (units) : 0
Direct (%) : 0.000%

Indirect/deemed interest(units) : 24,948,490
Indirect/deemed interest(%) : 5.056%

Total no of shares after change : 0
Date of notice : 11/06/2020

Remarks
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

free website hit counter

Posted by James Ng > 2020-06-19 09:14 | Report Abuse

https://klse.i3investor.com/blogs/general/2020-06-19-story-h1508874394.jsp
[转贴] [GABUNGAN AQRS BHD：已经完成了他们的提案并将其提交给MRCB-George Kent（MRCBGK），其中包括为达到最终合同价值而进行的global variation以及针对LRT3配套的新工作计划] - James的股票投资James Share Investing

Posted by TheThird > 2020-06-22 12:13 | Report Abuse

RHB Invest report TP 1.33 at industry average PE of 13.4x and strong earnings visibility. currently PE is 9

Posted by HowAh > 2020-06-22 18:21 | Report Abuse

Got meh? Where

Posted by investortrader88 > 2020-06-22 21:57 | Report Abuse

KEY INVESTMENT HIGHLIGHTS
AQRS secured RM36.7m ECRL job award
Duration of contract is 22 months
Neutral on the job win within replenishment assumption
No change to our earnings forecasts
Reaffirm BUY on Gabungan AQRS at TP of RM1.42
AQRS secured RM36.7m ECRL job award. Gabungan AQRS announced on Bursa yesterday that the Group has received and accepted Letter of Acceptance (LOA) from China Communications Construction (ECRL) Sdn Bhd. The LOA to undertake drainage works for the East Coast Rail Link (ECRL) project in Pahang. Under the LOA, the award involves construction and completion of subgrade, drainage and culvert works at the base camp of the project.

Duration of contract. The contract period for the ECRL is 22 months, commencing end of June 2020.

Neutral on the job win. The new job contract has lifted its construction outstanding order book to an estimated of RM1.84b from RM1.80b as of early of March. Nonetheless, we are neutral on the award as it is well within our FY20 total job replenishment target – which is RM0.5b. Nonetheless we are upbeat on further inflow of new contracts and expect more job awards in the coming months.

No change to our earnings forecasts. Premise on above, we make no changes to our earnings forecasts.

Our views. This ECRL contract is expected to contribute positively to the future earnings of AQRS. Downside risks include (1) disruption in the building material supply chain, and (2) additional construction site restrictions. On a separate note, going ahead, we anticipated a better contribution to AQRS’s earnings from LRT 3 works on the back of better work progress. Other than that, we anticipate good news on Pan Borneo Highway Sabah (PBH) project given that AQRS has already submitted tender for PBH packages with Suria Capital.

Recommendation. We maintain our BUY stance with an unchanged TP of RM1.42. Our TP is derived based on a PE multiple of 10x to FY21EPS.

Source: MIDF Research - 4 Jun 2020

Posted by HowAh > 2020-06-22 22:21 | Report Abuse

Midf TP often...not accurate sadly

Posted by investortrader88 > 2020-06-23 18:57 | Report Abuse

Change in the Interest of Substantial Shareholder (202006233600105)
Company Name GABUNGAN AQRS BERHAD
Stock Code / Short Name 5226 / GBGAQRS
Date & Time Announce 23/06/2020 05:09:44 PM
Subject Changes in Sub. S-hldr's Int (Section 138 of CA 2016)

Content
Substantial Shareholder's Particulars
Name : OVERSEA-CHINESE BANKING CORPORATION LIMITED
Address : 63 Chulia Street #10-00 OCBC Centre East 049514 Singapore
NRIC/Passport No/Company No. : 193200032W
Nationality/Country of Incorporation : Singapore
Descriptions(Class & nominal value) : Ordinary Shares

Name & address of registered holder
You are advised to read the entire contents of the announcement or
attachment.To read the entire contents of the announcement or attachment,please
access the Bursa website at http://www.bursamalaysia.com

Details
Date of Change No of shares Price Transacted(RM) Transaction type
19/06/2020 72,400 0.000 Acquired
19/06/2020 8,000 0.000 Acquired
19/06/2020 165,000 0.000 Acquired
19/06/2020 17,800 0.000 Acquired
19/06/2020 60,500 0.000 Acquired

Description of other type of transaction :
Circumstances by reason of which change has occured

Nature of interest : Deemed Interest
Direct (units) : 0
Direct (%) : 0.000%

Indirect/deemed interest(units) : 29,703,242
Indirect/deemed interest(%) : 6.019%

Total no of shares after change : 29,703,242
Date of notice : 23/06/2020

Remarks
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

free website hit counter

Posted by TheThird > 2020-06-26 18:48 | Report Abuse

thoughts on Q1 results?

Posted by HowAh > 2020-06-30 21:34 | Report Abuse

Midf keep lowering the TP. Sigh...from 1.41 to 1.01. Still calling a buy.... Next write up 0.60, call for a sell.... How ah

Posted by tamp0i > 2020-06-30 21:57 | Report Abuse

Our reported PAT stood 0.79 sen per share in 1Q20 compared to 2.31 sen in 1Q19. The decline is mainly due to the above mentioned reversal of overprovision of LAD for The Peak that was adjusted in the preceding year quarter.

Middle to long term I see this counter quite secure... Would like to buy in phases by phases

Posted by HowAh > 2020-06-30 23:13 | Report Abuse

So it's going down to 0.79.... AI ya

Posted by GoldenHarvest1 > 2020-07-02 09:30 | Report Abuse

Really kah

Posted by GoldenHarvest1 > 2020-07-02 09:31 | Report Abuse

Why so negative one

Posted by GoldenHarvest1 > 2020-07-02 09:31 | Report Abuse

Must be positive little bit la

Posted by Ncm88 > 2020-07-03 17:27 | Report Abuse

macam slowly go up saja

Posted by andrewlow22 > 2020-07-03 21:29 | Report Abuse

Slowly slowly up...better buy more now. I have accumulated 98,000 shares at an average price of 0.88. When time comes it would up a sudden spike with 1 or 2 long upward candles. By that time you will not be in time to catch the uptrend.

Posted by Ncm88 > 2020-07-04 15:48 | Report Abuse

aiyo so expensive ah u.. I have 30,000 shares , son 0.2 100000 shares

Posted by HowAh > 2020-07-05 10:31 | Report Abuse

Kwp is not buying enough....

Posted by andrewlow22 > 2020-07-06 16:52 | Report Abuse

Pukibungan... good at not performing.

Posted by HowAh > 2020-07-06 21:13 | Report Abuse

Looks like tomorrow can up a bit?

Posted by andrewlow22 > 2020-07-07 22:36 | Report Abuse

@HowAh - yeah, reality comes through and hope now the resistance of 0.90 becomes a strong support. Hope 1.05 soonest.

Posted by HowAh > 2020-07-08 20:02 | Report Abuse

Fingers crossed andrewlow22. I remember this stock can really go up.... Once upon a time...

Posted by Ncm88 > 2020-07-09 17:12 | Report Abuse

just now que 0.90 300 lots, banker doesn't want to eat

Posted by andrewlow22 > 2020-07-14 14:56 | Report Abuse

Today pukima moron idiots are disposing the shares.

Posted by HowAh > 2020-07-14 18:00 | Report Abuse

Have to prepare some more bullets for 0.80....

Posted by andrewlow22 > 2020-07-15 18:23 | Report Abuse

@HowAh, when looking at the candles from late June till today, the head-and-shoulder is formed. So hope both the shoulders at late June and today are well supported at 0.85.

See the latest update - https://www.klsescreener.com/v2/announcements/view/3192423 (share buy back)

Apart from the above, if you know how to trade Maxis and Digi, there’s range of 4-10 cents on daily basis and I have been making very good profits from Maxis 2-3 trades per week since early June till now with each trade 20,000 shares using the ultra low commission of MPlus online.

Posted by andrewlow22 > 2020-07-15 19:17 | Report Abuse

@HowAh, when looking at the candles from late June till today, the head-and-shoulder is formed. So hope both the shoulders at late June and today are well supported at 0.85.

See the latest update - https://www.klsescreener.com/v2/announcements/view/3192423 (share buy back)

Apart from the above, if you know how to trade Maxis and Digi, there’s range of 4-10 cents on daily basis and I have been making very good profits from Maxis 2-3 trades per week since early June till now with each trade 20,000 shares using the ultra low commission of MPlus online.

Posted by HowAh > 2020-07-15 19:44 | Report Abuse

Head and shoulder or inverted head and shoulder?

Posted by HowAh > 2020-07-15 19:45 | Report Abuse

Head and shoulder is bad news ☹️

Posted by andrewlow22 > 2020-07-15 19:53 | Report Abuse

HowAh - you may check it at klscscreener, it is head and shoulder but it doesn’t mean that 0.85 will be violated at all upon the completion of head and shoulder provided there’s a big push by string buying volume and that the MACD is turning positive from the current situation. Hope the EMA and Divergence would be crossed over soon.

Posted by andrewlow22 > 2020-07-16 18:58 | Report Abuse

Unfortunately 0.85 is violated today. It might be going lower.

Posted by HowAh > 2020-07-16 19:26 | Report Abuse

0.70.... the problem here though is that there isn't enough liquidity to warrant the pattern accuracy

Posted by andrewlow22 > 2020-07-20 11:04 | Report Abuse

At times of writing, not sure if those buffalos purposely push it down to 0.815 to create a strong hammer prior to market closes at the end of the day. If so, it would be a good reversal pattern.

Posted by bignate2019 > 2020-07-21 15:59 | Report Abuse

Any benefit arising from RTS signing on 30 July?

Posted by andrewlow22 > 2020-07-21 17:50 | Report Abuse

https://www.channelnewsasia.com/news/singapore/malaysia-johor-bahru-singapore-rts-signing-july-30-12934908

Posted by andrewlow22 > 2020-07-21 17:52 | Report Abuse

Hopefully 2 more long upward candles would be formed on the next few days. MACD has been in the negative territory for quite sometime.

Posted by andrewlow22 > 2020-07-21 18:55 | Report Abuse

Hopefully GBG will secure some major projects. If mega projects really running this counter would be easily RM2-3.

Posted by HowAh > 2020-07-21 19:52 | Report Abuse

This is so difficult to play

Posted by tamp0i > 2020-07-21 19:59 | Report Abuse

Buy in, don't expect to fly tomorrow lor... Have patience a bit

Posted by mf > 2020-07-21 20:21 | Report Abuse

OVERSEA-CHINESE BANKING CORPORATION LIMITED (a substantial shareholder) disposed 60,600 shares on 15-Jul-2020.

Posted by andrewlow22 > 2020-07-22 08:49 | Report Abuse

@HowAh - not difficult at all. All we need is more and more “saw hai” would shift from tech stocks to construction sector and this will be wonderful.

Posted by andrewlow22 > 2020-07-22 14:59 | Report Abuse

Stupid Malaysia shares only know how to down. Pukimas are throwing, better catch them and castrate them.

Posted by HowAh > 2020-07-22 22:33 | Report Abuse

Looks like probably have to wait until October

Posted by andrewlow22 > 2020-07-27 20:27 | Report Abuse

@HowAh - Volume is building up, hope no reverse gear. A friend of mine texted me saying that The Edge was painting a rosy picture on GBG on Sat. What’s your target price to unload?