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Misleading statement on Gadang - felicity

Tan KW
Publish date: Tue, 11 Oct 2016, 11:19 PM
Tan KW
0 502,968
Good.

Tuesday, October 11, 2016 

 
 
There is no doubt that Gadang is a company on the run, however I would like to highlight misleading statement after misleading statement given by a well-followed guy.

Here is his statement:


This statement is as if Gadang has the right over the entire development at Kwasa Land. He says, if there is no market for houses and condominiums, Gadang will not build while the land continues to appreciate in value - utterly misleading.

Here is what the Gadang has won in its bidding.


Gadang has won bid over a 24.08 acre of land. The entire Kwasa Land is 2,330 acre of land. There is no doubt that from what is presented by Kwasa Land, it is a prime land but the piece is only 24.08 acre - not the entire development.

I am sure that the award from Kwasa comes with condition. Gadang will not have 20 years to develop the piece - I can vouch for that despite not needing to read anything from Gadang.

It does not matter how old the person is and if he has no intention to cheat - but the writing is very misleading.

I am sorry as I cannot take it this time.

Here is the details of the award, where is it mentioned of Gadang getting the entire development? If one is to write, it has to be with great responsibility.


 
 

http://www.intellecpoint.com/2016/10/misleading-statement-on-gadang.html

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3 people like this. Showing 37 of 37 comments

mamatede

Is just like developer get the land from the landowner and built house on it and give a few house to the land owner. Could it be this concept, since it is partner?

2016-10-11 23:42

Vc Looi

maybe you misunderstand what he try to explain.

2016-10-11 23:48

paperplane2016

Who is felicity referring? Hahaha

2016-10-12 00:00

cresbinvest

The one that say he will not post any article in i3.

2016-10-12 00:03

cresbinvest

But the title sound like gadang is giving misleading statement.

2016-10-12 00:05

Flintstones

Who is felicity?

2016-10-12 00:06

paperplane2016

Haha. He purposely wrote it this way....just to sarcastically critic some arrogant old man

2016-10-12 00:08

PlsGiveBonus

Land is optional income why try so hard

2016-10-12 00:09

paperplane2016

Felicity is one of blogger I follow closely. All his recommendation make sense.
We buy airasia almost same time. He hit jackpot in dksh and many more stocks,

When he recommended ekovest, I buy more. Now I am thinking to add even more.

2016-10-12 00:09

PlsGiveBonus

I thought felicity is a girlish name

2016-10-12 00:12

moneySIFU

Sound like PKNS developing Kota Damansara, lands were broken into peaces to JV with respective developers.

2016-10-12 00:15

paperplane2016

If not wrong his daughter name

2016-10-12 00:18

gohkimhock

what felicity wrote really make sense.

2016-10-12 01:35

yinyin99

yes, but felicity never comment whether is it worth to buy gadang at current price

2016-10-12 07:14

feimah

This is one of his way to get retail confident that it is a good counter to buy.
It is all about business.

2016-10-12 08:01

Benjamin_8888

Felicity u r rite, I was informed by a friend who work in kwasa land, one of the condition is gadang must develop plot R3-1 in 3 years time or else they must return it back to kwasa.

2016-10-12 08:24

stocktrader3

I agree with felicity that it is misleading, based on whatever latest information which available in public. However the writer may know something which public may not know yet, or it is just poorly written statements which causes confusion.

Nevertheless, as a prudent investor, i do not want to speculate, and i take a more conservatism approach in calculating my fair value, assuming gadang only get that plot of land (not entire land) and with a predefined period of development times until further announcement is made.

Based on that, i still think this award is very positive to the company. The plot is a prime land and it is one of the earliest plot. As we all know, early phases of development of reputable township project always selling like hot cakes. You know that if you've been in property investment before.

2016-10-12 09:53

calvintaneng

I have photos of Capital City 21 and its surroundings.

If revealed they are quite shocking.

People who bought Gadang at such lofty prices are going to find out the truth themselves one day!

2016-10-12 19:48

paperplane2016

Calvin, pls share. Act noble , help ppl here avoid risk

2016-10-12 20:27

calvintaneng

Posted by paperplane2016 > Oct 12, 2016 08:27 PM | Report Abuse

Calvin, pls share. Act noble , help ppl here avoid risk

Yes, Steven Yong,

The more I share the more people hate me. Last time Vnfx hates you. Now this fox hates me more than he hates you.

So Calvin will be the very bad guy in i3 Forum

How ah?

2016-10-12 20:32

smalltimer

Is the gadang land has road access, near outer or inner fringe?

2016-10-12 20:42

paperplane2016

Forget at tht idiot Venfx. I make many money Liao he still there, going nowhere as he like goreng only. He will burn himself someday

2016-10-12 20:46

chowsingchi

calvin if u can share the info share la.....no need so many excuses wan...

2016-10-12 20:46

bpuri_huat

wow, can't wait for your sharing calvin!!

2016-10-12 20:48

calvintaneng

Posted by chowsingchi > Oct 12, 2016 08:46 PM | Report Abuse

calvin if u can share the info share la.....no need so many excuses wan...

Good night everybody

Calvin going to

ZZZZZZZzzzzzzz,,,,,,.....

2016-10-12 20:48

chowsingchi

Posted by chowsingchi > Oct 12, 2016 08:46 PM | Report Abuse

calvin if u can share the info share la.....no need so many excuses wan...

Good night everybody

Calvin going to

ZZZZZZZzzzzzzz,,,,,,.....


aiyo then dun act like a good guy la...admit u are a selfish bad guy la...hehe

2016-10-12 20:50

Benjamin_8888

I agreed with u Calvin on capital 21, it is not a good location, I visited that place two years ago but I tot the sales of retails unit r not bad? I heard they managed to sold quite a lot of units..

2016-10-12 21:57

VenFx

I only hate those who relentlessly tweaking with facts or truth.
CALVIN'S CALL ARE FULL WITH FATALITY !!!

2016-10-13 02:36

skyz

agree with Felicity. the arrogant old man is driven by self interest only, never a "noble intention" as he claimed. when people disagree with him or disclosing his schemes, then he will be angry bcoz we break his rice bowl, if not he wont have disabled the comment function on his posts.

2016-10-13 10:02

tksw

KYY is Boss of construction before, can make such mistake meh?

2016-10-13 10:11

soojinhou

KYY is a businessman, when he promotes, he does so to advance his own interests. It is business as usual.

2016-10-13 10:20

skyz

soohinhou, then he should not claim its his "noble intentions" as claimed. furthermore, why disable the comment thread? its a fact that he is not obliged to inform you when accumulating or he will be the first person to disclose. not to mention mendatory disclosure as a substantial shareholder which he was given warning by SC!

2016-10-13 17:14

Investor899

HA HA HA

2016-10-13 18:59

RyanC

Gadang slowly dropping as I said earlier. B4 u know it it will reach 0.60

2016-12-05 20:14

RyanC

Gadang dropping slowly again.

Some Sifu from Holland said it is a Ms Universe stock. Hahahahaha

2016-12-06 18:14

RyanC

The Sifu from Holland seems to stop attacking me now. Must be he know he is wrong and don't want lose face to admit it.

2016-12-06 18:16

chamlo

KYY said avoid property stocks because every town and city property oversupply persists.

2016-12-12 10:05

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