Posted by Patrick > 2019-01-05 11:42 | Report Abuse

@shrobin, see you there as well... I buy for holding since its a value bargain now... DY 5% and above, not including if share price, revenue, net profit and eps keep growing... cannot imagine how huge potential it is!

Posted by shrobin > 2019-01-05 13:19 | Report Abuse

Good chance it will do well!

Posted by shrobin > 2019-01-05 13:43 | Report Abuse

Patrick, are you on AirAsia?

Posted by Patrick > 2019-01-05 13:48 | Report Abuse

@shrobin, i am buying shares tthat can give me higher reward, Airasia is not one of my watchlist, but i used to trade it...

Posted by shrobin > 2019-01-05 14:05 | Report Abuse

Ok, i see.....

Posted by Patrick > 2019-01-05 15:04 | Report Abuse

dont sell if you have, potential counter to be included in FBMKLCI components..

Posted by shrobin > 2019-01-05 16:05 | Report Abuse

Noted! Thanks

Posted by tipumakan > 2019-01-05 16:13 | Report Abuse

they are pure construction company, not property company. so property slowdown unlikely to impact GDB as property company need to come out some project every year no matter how the property market is. Since their size is small, secure one or two high rise project each year is good enough to maintain profit, as long as they maintain their efficiency. on the current price with 30% divident payout, its a good bet for me

Posted by shrobin > 2019-01-05 17:02 | Report Abuse

74% of the shares are in the hand of the two top guys that run the company! They are committed to make good! With 30% dividend policy in place, they are also committed to share!

Posted by JMH96 > 2019-01-05 17:54 | Report Abuse

FA so good why isn't the price going up ?

Posted by Patrick > 2019-01-05 20:27 | Report Abuse

poor market sentiment + sector underperformed + low market floatage

Posted by shrobin > 2019-01-06 00:04 | Report Abuse

Little coverage by investment analysts at the moment!

Posted by VenFx > 2019-01-07 09:39 | Report Abuse

Huat Ah Heng Ah Ong Ah

Posted by Patrick > 2019-01-07 10:12 | Report Abuse

a good start... need to break 25sen to trend upward..

Posted by jagungman > 2019-01-07 10:13 |

Post removed.Why?

Posted by sense maker > 2019-01-07 11:30 | Report Abuse

The management has commented that they will enhance the competitiveness of their bids to win new projects given the challenging operating environment. This means profit margin will shrink in the future.

Posted by Patrick > 2019-01-07 11:49 | Report Abuse

goood, logic thinking... one question, how we can maintain/increase profit margin despite challenging operating environment?

Posted by sense maker > 2019-01-07 11:57 | Report Abuse

Do more projects loh. Quantity compensates for profit quality. That’s the only way.

Posted by Patrick > 2019-01-07 12:24 | Report Abuse

with this kind of market sentiment, do u think more projects will be awarded? even if more projects to be given, are they competent and capable to win these projects?

Posted by Nicholasming91 > 2019-01-07 13:39 | Report Abuse

Quality but expensive.. who wanna buy..? And prices property will drop

Posted by Patrick > 2019-01-07 15:01 | Report Abuse

hold on first...
sense maker says quantity, not quality... nicholas, says quality...
btw, quality does not guarantee expensive... quantity does not guarantee profit...

I always love to ask people question, because this give me more idea rather than I speak alone...

back to the question, how GDB can maintain/increase profit margin? To be honest, they are doing right now, and thats is how they are well known in this industry despite they are small player... go and figure it out, i bet shrobin knows the answer...

Posted by shrobin > 2019-01-07 16:08 | Report Abuse

May month is not very far away! I really like to know more about this company! It can be a big one, just my guess!

Posted by Nicholasming91 > 2019-01-07 17:16 | Report Abuse

Hmm... what impresses me is the time frame to complete the project is pretty fast..

Posted by shrobin > 2019-01-07 17:24 | Report Abuse

I think the CEO early years of work experience in Mitsui has a lot to do with his current management thinking! He was a working professional that turn into a businessman.

Posted by Patrick > 2019-01-07 17:45 | Report Abuse

yes, nicholas... you got it right... you know i know, management for sure will know... thats how they control their profit margin... I have been visiting their sites they are incharge for the past few weeks, what impress me also the same as you... btw their office is just nearby my house, i sometimes will intend drive through their office see whether this company is scam or not and their project which can be seen through from lrt and monorail, so im quite confidient in it...

Posted by sense maker > 2019-01-08 09:04 | Report Abuse

Where’s it stated that dividend policy of 30% has been adopted?

Posted by Nicholasming91 > 2019-01-08 10:27 | Report Abuse

Looks like they are tendering good projects soon.. cash rich company as well

Posted by shrobin > 2019-01-08 10:47 | Report Abuse

Read page 12 of IPO prospectus for the dividend policy!

Posted by shrobin > 2019-01-08 10:54 | Report Abuse

You can download the IPO prospectus from the Bursa website! Read the content page for other relevant information.

Posted by Nicholasming91 > 2019-01-08 11:23 | Report Abuse

At what price did you guys enter ???

Posted by shrobin > 2019-01-08 11:36 | Report Abuse

23sen a good price if you can get!

Posted by Nicholasming91 > 2019-01-08 11:40 | Report Abuse

Ahaha keep promote but u no buy ahh. Many construction sector PE now also 10, left GDB havent only

Posted by Nicholasming91 > 2019-01-08 11:58 | Report Abuse

I m also impressed they update their projects monthly with pictures on webpage, most construction dont do that, im pretty sure theyre confident with their efficiency in buildings ( skilled ) not everyone has, now adays all just cincai build and collect money

Posted by Nicholasming91 > 2019-01-08 12:09 | Report Abuse

Shrobin do they have order book for year 2020? Or they looking for tenders

Posted by shrobin > 2019-01-08 17:13 | Report Abuse

That i know they have enough orders for next two years! Those in tenders are yet to realised!

Posted by Nicholasming91 > 2019-01-08 23:37 | Report Abuse

For the current financial quarter ended 30 September 2018, the Group’s revenue decreased 18.48% to RM55.75 million compared to RM68.38 million in the preceding financial quarter due to lower revenue contribution from the Westside III project, which is near completion. The Group also recorded lower revenue contribution from the Etiqa Office Tower project, which is undergoing finalisation of accounts with the client following its completion on 13 July 2018.
Additionally, the AIRA Residence and Menara Hap Seng 3 projects which were secured in the second half of the financial year ended 31 December 2017 are both undergoing reinforced concrete construction works for the basements and podium where revenue recognition is relatively moderate due to the nature of works.
The Group’s PBT decreased 24.73% in the current financial quarter under review to RM8.90 million from RM11.83 million in the preceding financial quarter. The lower PBT is in line with lower revenue recognised for the current financial quarter under review.

Posted by Nicholasming91 > 2019-01-08 23:38 | Report Abuse

GDB is on track to deliver stronger profitability in the financial year ending 31 December 2018 in line with the construction progress of our ongoing projects.
GDB’s order book stood at a healthy level of RM613.74 million as at 30 September 2018. The sizeable order book provides positive earnings visibility until third quarter of the financial year ending 31 December 2020, and comprise ongoing projects namely AIRA Residence in Damansara Heights and Menara Hap Seng 3 within the Kuala Lumpur city centre.

Posted by Nicholasming91 > 2019-01-08 23:39 | Report Abuse

Next QR will show higher profit . Due to completion of Westside lll

Posted by Ron90 > 2019-01-09 00:48 | Report Abuse

damn cheap counter, just buy la.

Posted by Patrick > 2019-01-09 09:47 | Report Abuse

cheap cheap, free free... buy and hold, now 23sen, one years later 40sen, 5years later rm1 abovr

Posted by VenFx > 2019-01-09 09:48 | Report Abuse

Just keep post their book order per share will do ...
Tq

Posted by danloh88 > 2019-01-09 10:18 | Report Abuse

Insider hidden buying.

Posted by Nicholasming91 > 2019-01-09 14:00 | Report Abuse

How u know

Posted by Patrick > 2019-01-09 15:13 | Report Abuse

good luck la... happy investing!

Posted by Nicholasming91 > 2019-01-09 15:52 | Report Abuse

Got to hit 0.25

Posted by Nicholasming91 > 2019-01-09 18:28 | Report Abuse

Huge volume but keep kena press down.. later those kena force buy back

Posted by shrobin > 2019-01-09 18:47 | Report Abuse

Hopefully some new projects secured announcements soon!

Posted by Patrick > 2019-01-09 18:52 | Report Abuse

mark my words, open high goes higher!

Posted by VenFx > 2019-01-09 19:00 | Report Abuse

GDB is getting hot rite now ,
after patrick wrote GDB article .

Posted by Nicholasming91 > 2019-01-09 19:17 | Report Abuse

VenFx did you join my seacera....? Kikikiki