Dont worry i will be contractor and ah long at the same time haha^^

@keke LOL xD

Gap up when open and limit up again?

@keke sifu i move to rcecapital already betting on better 3rd Quarter result n it didnt disappointed me haha :p

As for Gadang well red for so many days liao it normal to closed green one day laa..As long as Gadang didnt make any announcement they bag the contract i not worry too much XD.... will continue observe and wait for the right time get back in ^^

Let have some fun because gadang is so boring now.... Very obvious he talking down about the Gadang even those KYY never mention the name :p

The Danger of Buying Construction Contracting Company Shares - Koon Yew Yin
Author: Koon Yew Yin | Publish date: Tue, 14 Feb 2017, 06:05 PM

My purpose of writing this article is to share my experience with all investors and contractors.

I know many novice investors would jump in to buy contracting company shares as soon as the company announces it has secured a new big contract. Getting a new contract does not necessarily mean that the company will surely make profit. As you do not have unlimited funds, there is no harry to rush to buy. Until you can see the company announcement of good profit growth, you should keep your money.

From my long experience in the contracting business, I can say that the biggest obstacle for contractors is the open tender system. As you know, unless you can bribe the official, he is duty bound to award the contract to the cheapest tender.



How can any contractor make profit from any contract work with the cheapest price?

My advice to all the contractors is to submit many tenders with high profit margin. It is better to get one with good profit margin than to get many with low margin. If all the contractors follow my advice, they all should get contracts with good profit margin.

From my experience, I always lose money in my 1st contract in constructing a new structure which I have not done before. For example, my company did the Rawang Cement Factory. During pricing for tender submission, I thought I could easily construct those huge cement silos and the 300 feet high chimney. As a result, most of the assumptions I made during tender preparation, did not come true. Eventually I lost money.

I also learned the difficulty in working in a new country. In my 1st contract in Hong Kong, I nearly went bankrupt because all the assumptions I made to achieve the cheapest tender did not come true, everything cost more.

In my first contract work in Australia, the labour union nearly made me commit suicide. It looked like the union only interested to make life easy for their members at the expense of the contractor. For example, workers are not allowed to start work after any rain because the ground is wet and slippery.



Finally, Contractors must not forget that it is better to secure less contracts with higher margin than to secure a lot of contracts with poor margin. Very often, they will lose money on contracts with poor margin. Moreover, they must also realise they have limited financial facility and management capacity. If they have less contracts, they can perform more efficiently and sure of making profit.



Announcement of securing a large contract does not mean the company can make more profit.

I should even make my decision earlier when is around 1.10 so i got more capital to enter back haha

@tksw

no laa i dont want to give sell call later im become another calvin tan haha. I still have high hope at Gadang getting the contract but the trend showing Gadang is going down atm. Better i lock in my profit first than wait for right price to enter back than i need to cut lose later :P

Woo Gadang really go down....lucky yesterday i decided to lock in profit first....wait for the turning point first or Gadang news^^

When the QR result come out? Base on history it should be out liao... why until now no news?

@newbie4444 i dunno la but i choose to believe in Gadang ability to secure new contract.

@tksw sifu i no insider news la haha

My first TP 1.20 , 2nd target price 1.5 after they secure the contract ^^

Suddenly so high selling pressure.... what happening haha^^

huntsmen buy call from ooi for wb..no worries should be well absorb and will move north soon
09/02/2017 21:23

But somebody saying u give a buy call for Gadang wb at Gadang forum mr Ooi..

Mr Ooi can give some opinion about Gadang?

@Patrick13 haha yalor....this counter been down for 4 days already... the selling pressure is very high! But the buyers is doing a great job deng it also la.. Let see if tmr wil up or not^^

This Gadang up also very hard... down also very hard...want to collect cheap also hard...haha

Wahaha Kok Onn disposed his warrants again!

Because their concern now is will it secure the construction project or not....so unless Gadang annouce they got the contract if not the share price wont move much..

Any sifus know how to calculate is this a good buy for a land with 55m+?

Nah i will think it this way... Kok Onn sell mother because he know he going to get ESOS, so he sell it to pay for the esos.... probaly sell the warrants also to pay for his esos because is better it only cost him 86 sen per share where the warrants is over price and means for penggoreng only....

Dont have any insider news but if Gadang going to get any project it will reveal in this 2 month when they start to annouce the company that get the project.. it is up to u to choose where ever Gadang going to get any project or not... Do your own research and make ur choice wisely :)

Not sure if there any good news but if there were it will happen in this 2 month because they need to give out the contract already which Gadang very high chance will get one or more... this what i betting on... Gadang please dont disappointed me ^^

I 90% capital all in Gadang now hehe

Haha the son is over price laa.... even Kok Onn also cannot tahan and sell his warrant...

Woo Tan Sri Kok Onn is selling his warrants

@tksw sorry typo is 1.11 haha

Posted by tksw > Feb 2, 2017 07:28 PM | Report Abuse

110 got up meh?

Not bad closed at 1.10... everyday up 1 cent also good^^

Wow suddenly kena bomb to 1.11

Broke 1.12 is just a matter of time... big road block at 1.13 xD

Trying very hard to break 1.13... gogo Gadang^^

Wow Gadang gap up wo

Today no trading... boring.... hopefully Gadang can still keep up the uptrend momentum tmr ^^

Be patient because Gadang still got holding the Ace which is the construction project.... If they really get it will sure burst the price north!!! XD

Hopefully can closed at 1.11 than follow up by Gadang annouce getting the project !^^

today can closed 1.10 i happy already :D

buyer and seller fighting now at 1.10-1.11 XD

@Patrick13 No problem as long as we all make money ^^ Huat ah!

Hopefully today can close above 1.10 than the sky is the limit XD

come join the party!!!

@tksw @keke where u all bro?

gogogo!!!

Show time!!!

Because my capital is small so im going to use warren buffet strategy which is put all the eggs in one bucket and watching the bucket carefully :)

@Patrick13 Yes bro i hope im right but even if i wrong Gadang wont suddenly big dropped so like i said the upside is high but the risk is low ^^

@kun1971kun

I dunno bro, i already said is i believe they will get it, even if they dont get it, it wont dropped much....but if they get it..... dont need i tell u, u also know it gonna shoot up... it was a good bet with low risk.... worst come to worst just lose abit broker fee and can cash out anytime to move to other counter^^

More than 50% of my capital is with Gadang n i plan to move all in 100% capital into Gadang because i believe Gadang will win the construction contract and i betting on it because they haven't announce it and i believe it will announce it soon....as long as they win the contract worth more than 500m it will push their order book to 1b n clear all the doubt of investor....than the share price will fly...this is how confidant i with Gadang now ^^

If Gadang can get any of the mrt2, lrt3 or Hospital project.... It sure will shoot up... if u got insider info or u believe Gadang will sure get at least one project... u sure can buy in now... with Gadang release a very good Q2 result, i dont see Gadang will big fall anytime soon unless got some very bad news come out.. so the down side is low but the upside is very high ^^ However u must do ur own research b4 u choose to buy, sell or hold. Cheers n Happy CNY^^

Hehe good closing 1.08 一定发 XD ,next week can fly after all back from CNY...Hopefully that time Gadang also announce they get the mrt/lrt or hospital project than hoksek liao haha!

Will Gadang today up few more cent?^^