Gamuda eyes further expansion in Sarawak

Gamuda's Sarawak Expansion Boosts Shares 2.65% Higher!
Gamuda $GAMUDA shares surge to RM4.26 on expansion plans
#Gamuda #MalaysianStocks #ConstructionBoom

https://a777.lt/TdiJqz

Assa Abloy gets Barclays upgrade as U.S. construction boom lifts outlook Investing.com -- Barclays upgraded Assa Abloy (ST:ASSAb) to “equal weight” from “under weight,” raising its price target to SEK351 from SEK277, citing improving conditions in U.S. non-residential construction as a key driver, in a note dated Thursday. The brokerage said that one-third of Assa’s group sales are directly tied to U.S. non-residential activity through its Americas, Global Technologies and Entrance Systems divisions. It raised organic growth estimates for these units for fiscal years 2026 and 2027, lifting adjusted EBIT forecasts by 5% to 6% over the same period. The report noted that U.S. non-residential starts rose 33% in June and 21% in July year over year, supporting expectations of solid demand momentum through 2026. Barclays said recent data, including the Dodge Momentum Index and Architecture Billings Index, points to stronger growth ahead for companies exposed to late-cycle building phases such as Assa. Assa Abloy’s Entrance Systems division, which had been weighed down by weakness in industrial and residential markets, is showing signs of recovery, particularly in warehouse loading bay doors where U.S. data indicates renewed momentum. The Americas division, now with about 45% residential exposure following its HHI acquisition, has also seen resilience in non-residential business lines. Global Technologies, with about half its sales in the U.S., has tracked commercial and institutional backlog data, which has been improving. Barclays said that after a cycle of earnings downgrades through 2025, the trend appears to have ended. It raised its sector multiple premium for Assa to 25% from 10%, reflecting expectations of stronger earnings momentum. The analysts noted that Assa now trades at a discount to the SXNP index for the first time in five years, compared with a 20% premium on a 10-year basis, which they view as balancing risks from residential weakness with potential in U.S. non-residential growth.

Click Subscribe #AssaAbloy #BarclaysUpgrade #ConstructionBoom #USConstruction #StockMarket

An Isuzu stacked with square steel near Mesqel flower shows the usual practice in the life of Isuzu and other similar vehicles carrying more than they can handle. #UrbanTransport #ConstructionBoom #OverloadedTrucks

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GAF Materials Now Requires ISNetworld GAF Materials now requires ISNetworld compliance for all contractors. Learn how Cascade QMS can help you get qualified and keep your profile up to date.

🚨 Contractor Alert! 🚨

Big news from GAF Materials LLC—they’ve launched a new contractor approval process, and the deadline to apply is June 5, 2025! 🏗️✨

cascadeqms.com/safety/gaf-m...

#constructionboom #ContractorOpportunities #Construction #ConstructionNews #RoofingIndustry

🚨 Breaking News: Telangana’s construction sector roars with 11.97% growth in 2024-25, leaving other industries in the dust despite a realty dip, says Socio Economic Outlook 2025. Building the future, literally! #TelanganaEconomy #ConstructionBoom #TelanganaRising

#COMMIE #CHINA 's men CANNOT find wives! The misconceived #ONECHILD Policy produced 2 generations with TOO FEW WOMEN! A POPULATION #DEATHSPIRAL! NO WAY OUT. China is already in a #GreatDEPRESSION from a #ConstructionBoom that went bust and the #COVID economic collapse. COME THE REVOLUTION?

Polis lobbies property-tax commission to consider land value tax | The Sum and Substance Colorado's governor is boosting the idea of a land value tax, which assesses value to property based on land rather than the buildings on it.

"And state Sen. Mark Baisley, R-Woodland Park, questioned exactly where people would park in a city like Denver if the tax system incentivized multi-story buildings on every block."

🔰 Sounds like #LVT would trigger a #ConstructionBoom & help make more #AffordableHousing.

Priorities, people!

Construction Surge Threatens Key Industrial Markets Industrial real estate markets are bracing for potential turbulence, mirroring the pressures seen in multifamily housing. As vacancies and slower rent growth plague multifamily markets in the South…

🚧🏗️ Construction Surge Threatens Key Industrial Markets 🏗️🚧

Are vacancies and availability rates at risk? Find out! 👇

medium.com/@danielkaufm...

🔍 #RealEstate #IndustrialMarkets #ConstructionBoom

🤔 Question: How do you think this surge will affect investment opportunities? 🏢💡

#CRE