70% shares of piling company is offivially acquired successfully today. Will save a lot for new project as piling cost is hugh when use other company service.
IPO @ 35 sen. Naturally you expect some clearing by frustrated earlier investors but for the volume to be so high, some fund managers must be picking them up. Stripping the cash, GDB is only trading at PE of 5. Anyway, what make a company different is its management.
Kuala Lumpur, Malaysia, 7 November 2019 – Construction services firm GDB Holdings
Berhad (GDB, GDB 控股有限公司, Bloomberg: GDB:MK, Reuters: GDBH.KL) secured its
first contract in East Malaysia to build the Hyatt Centric hotel in Kota Kinabalu, Sabah
for a provisional contract value of RM213.3 million
AIRA Residence - RM432mil (Aug 2020) - slightly delayed, now asking for time extension Menara Hap Seng - RM312.09mil (Dec 2019) - dec2019 seems unlikely now Perla Ara Sentral - RM135mil (Oct 2021) - just started early this year, but 3 months delayed Park Regent - RM517mil (Jan 2023) - just started. price too low, could be at cost or at a loss. Hyatt Centric - RM213.3mil (Nov 2021) ... first time in KK? Good luck.
You should go and visit their site. THey are different. Their reputation is really good. I am confident that they will deliver. I am going to hold this for as long as they continue to get new contracts.
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....
jianeric16
133 posts
Posted by jianeric16 > 2019-10-01 12:55 | Report Abuse
Deal done start recognised profit q4