Gadang should cross RM 0.700 soon – recommend buy when dip

Purely on speculative, as after the right issue, the NTAB of the Co. remained higher than its current trading value. We dont like construction company due to its need to continous get fresh project. But the MRT phase 2 at Kota Damansara should given RM 80 Mil profit as minimum 10% margin. Of course can be more or less depending its final management of the project. Given price between RM 0.580 – 0.620 is a good mid term buy. Around 6 – 12 months.