Latest news with #GagasanNadiCergasBerhad
The Sun
08-08-2025
- Business
- The Sun
Amirudin hands over Idaman Bukit Jelutong homes to 1,260 owners
SHAH ALAM: A total of 1,260 units of Idaman Bukit Jelutong affordable homes were officially handed over to their owners today. Menteri Besar Datuk Seri Amirudin Shari said the project, developed by Gagasan Nadi Cergas Berhad in collaboration with Permodalan Negeri Selangor Bhd (PNSB), is part of the state government's ongoing commitment to enhancing the well-being of the people by providing high-quality, comfortable, and well-equipped affordable homes. . He said the condominium-style affordable housing is among the highest-specification housing ever implemented, making Selangor the only state government to offer affordable housing below the national threshold price of RM250,000 per unit. 'The specifications we set are quite unit comes with a kitchen cabinet, wardrobe, refrigerator, water heater, air conditioning, television, and two parking spaces. 'Although these specifications exceed those of previous public housing projects, we have proven that they can be delivered at a selling price still below the national threshold of RM250,000 per unit,' he said at a press conference after the Idaman Bukit Jelutong key handover ceremony here today. The ceremony was also attended by State Housing and Culture Committee chairman Datuk Borhan Aman Shah, PNSB Chief Executive Officer Raja Ahmad Shahrir Iskandar Raja Salim and Gagasan Nadi Cergas Berhad Group chairman Dr Muhamad Fuad Abdullah. Amirudin said the handover of keys to Idaman Bukit Jelutong homeowners marked another important milestone in the state government's efforts to address housing ownership issues. He said the initiative, along with several other planned residential projects, was aimed at fulfilling the dream of home ownership for all Selangor residents, especially the youth and families. With the delivery of 1,260 units today, Amirudin said a total of 6,079 homes from similar projects in Hulu Langat, Kuala Langat, and Sepang have now been handed over to buyers. This forms part of the 39,733 units of Idaman Homes approved for construction by the state government across Selangor. Amirudin added that 8,352 more units are currently under construction across nine projects in Petaling, Sabak Bernam, Gombak, and Sepang, and are expected to be fully completed within three years. Idaman Bukit Jelutong is the first Rumah Idaman project developed by Gagasan Nadi Cergas Berhad, which is also responsible for Idaman Kwasa Damansara and Idaman Amani in Bandar Elmina. With a minimum built-up area of 1,000 square feet, each unit comes with facilities such as a swimming pool, gymnasium, multi-purpose hall, rooftop garden, kindergarten, reading room, jogging track, badminton court, and a three-tier security system. - Bernama
Barnama
08-08-2025
- Business
- Barnama
Amirudin Hands Over Idaman Bukit Jelutong Homes To 1,260 Owners
SHAH ALAM, Aug 8 (Bernama) -- A total of 1,260 units of Idaman Bukit Jelutong affordable homes were officially handed over to their owners today. Menteri Besar Datuk Seri Amirudin Shari said the project, developed by Gagasan Nadi Cergas Berhad in collaboration with Permodalan Negeri Selangor Bhd (PNSB), is part of the state government's ongoing commitment to enhancing the well-being of the people by providing high-quality, comfortable, and well-equipped affordable homes. . He said the condominium-style affordable housing is among the highest-specification housing ever implemented, making Selangor the only state government to offer affordable housing below the national threshold price of RM250,000 per unit. "The specifications we set are quite unit comes with a kitchen cabinet, wardrobe, refrigerator, water heater, air conditioning, television, and two parking spaces. "Although these specifications exceed those of previous public housing projects, we have proven that they can be delivered at a selling price still below the national threshold of RM250,000 per unit," he said at a press conference after the Idaman Bukit Jelutong key handover ceremony here today. The ceremony was also attended by State Housing and Culture Committee chairman Datuk Borhan Aman Shah, PNSB Chief Executive Officer Raja Ahmad Shahrir Iskandar Raja Salim and Gagasan Nadi Cergas Berhad Group chairman Dr Muhamad Fuad Abdullah. Amirudin said the handover of keys to Idaman Bukit Jelutong homeowners marked another important milestone in the state government's efforts to address housing ownership issues. He said the initiative, along with several other planned residential projects, was aimed at fulfilling the dream of home ownership for all Selangor residents, especially the youth and families. With the delivery of 1,260 units today, Amirudin said a total of 6,079 homes from similar projects in Hulu Langat, Kuala Langat, and Sepang have now been handed over to buyers.
Yahoo
29-04-2025
- Business
- Yahoo
Investing in Gagasan Nadi Cergas Berhad (KLSE:NADIBHD) five years ago would have delivered you a 30% gain
Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the market average. And in our experience, buying the right stocks can give your wealth a significant boost. For example, the Gagasan Nadi Cergas Berhad (KLSE:NADIBHD) share price is up 28% in the last 5 years, clearly besting the market return of around 13% (ignoring dividends). On the other hand, the more recent gains haven't been so impressive, with shareholders gaining just 13%. Now it's worth having a look at the company's fundamentals too, because that will help us determine if the long term shareholder return has matched the performance of the underlying business. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. Gagasan Nadi Cergas Berhad's earnings per share are down 26% per year, despite strong share price performance over five years. This means it's unlikely the market is judging the company based on earnings growth. Since the change in EPS doesn't seem to correlate with the change in share price, it's worth taking a look at other metrics. On the other hand, Gagasan Nadi Cergas Berhad's revenue is growing nicely, at a compound rate of 4.2% over the last five years. It's quite possible that management are prioritizing revenue growth over EPS growth at the moment. The graphic below depicts how earnings and revenue have changed over time (unveil the exact values by clicking on the image). Balance sheet strength is crucial. It might be well worthwhile taking a look at our free report on how its financial position has changed over time. We're pleased to report that Gagasan Nadi Cergas Berhad shareholders have received a total shareholder return of 13% over one year. Since the one-year TSR is better than the five-year TSR (the latter coming in at 5% per year), it would seem that the stock's performance has improved in recent times. In the best case scenario, this may hint at some real business momentum, implying that now could be a great time to delve deeper. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Take risks, for example - Gagasan Nadi Cergas Berhad has 2 warning signs (and 1 which is a bit concerning) we think you should know about. But note: Gagasan Nadi Cergas Berhad may not be the best stock to buy. So take a peek at this free list of interesting companies with past earnings growth (and further growth forecast). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Malaysian exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
02-03-2025
- Business
- Yahoo
Gagasan Nadi Cergas Berhad Full Year 2024 Earnings: EPS: RM0.008 (vs RM0.003 in FY 2023)
Revenue: RM262.8m (down 17% from FY 2023). Net income: RM5.71m (up 135% from FY 2023). Profit margin: 2.2% (up from 0.8% in FY 2023). The increase in margin was driven by lower expenses. EPS: RM0.008 (up from RM0.003 in FY 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Gagasan Nadi Cergas Berhad's share price is broadly unchanged from a week ago. It is worth noting though that we have found 2 warning signs for Gagasan Nadi Cergas Berhad (1 shouldn't be ignored!) that you need to take into consideration. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
