Luckily I did not sell at at 1.65.....Wakaka, it rebounds soon. I won't kena trap!...Ble~ Ble~ Ble~

Beginner1989: You are right. Cheers! Those contra players are cowards. They only want to earn fast money but they are impatient to wait for bigger awards ahead. Yes, i do not login the online trading platform for the next few days. Good luck to all. :)

The syndicate gangs up together to create selling pressure to make the other retail buyers panic and nervous. Once they become irrational, a heavy draw-down happens. This is what the syndicate desires to see. They will collect the shares at the expense of retail investors. What a poor retail investor! You are gonna be "slaughtered: and on the other hand the syndicate and his gangs chuckle..

As spoken, put your shares aside, shut down your notebook or computer, have a cup of teh tarik, relax and wait for rebound. As simple as that to be a value investor.

TMD, those morons sells off their shares heavily. As a value investorr, I won't be so easily induced to sell too.

Guys, no need to keep track with the volatile price movement. You are investors, relax, unless you are daily trade and that will be other story.

When there is an up, there is a down; when there is a down, there is an up. Why worry? The company is worth about RM 3.06 based on Free Cash Flow to Shareholders valuation. As long as the company is not filing bankruptcy, I am alright.

Take it as a Fixed Deposit at "GADANG BANK"...You will reap a handsome reward by the end of the year.

Yo..yo..yo OptimusX "monkey" around..wakaka.

Personally, I think director's additional purchase of shares is a good sign that shows his confidence about the company's prospect. The change of shareholding of Kok Onn records 0.77% from January to April? Isn't the change significantly large enough to imply something behind?

@optimusx: do you really think that I am an ordinary investor who simply follows the so-called "banker" in the stock market? I can't read Kok Onn's mind. But, based on fundamental and technical correction of about 10%, I feel good to enter now. Am I wrong and misleading others?

@wongchowsang: correlation does not imply causality.

Kok Onn buys some more shares at 1.73 two days ago. What did that imply? He had to know something good about the company is coming. Hold!

I put it in the adjustment term.

Hi, Zai Zai. Thanks for your comment. Yes, I was a bit confused by the financial year and the actual year 2014. Therefore, I mistakenly overestimate the FY2014's earnings. Anyway, it does not significantly influence the estimated results of the stock's fair price since the contribution share is relatively smaller.

Hi, guys. Please read my stock valuation report about GADANG at http://klse.i3investor.com/blogs/sjsoon_gadang_2May/51347.jsp

Contra settlement date today.

Never ever overestimate your capability as value investor. Don't blindly follow any dogmatic valuation. Be rational, flexible and practical.Let it drop as much as it can and then when the signal shows it performs consolidating phase, then a buy call follow. Now reversal signal fro the next few days.

The rebound signal isn't there. Guys have better stay aside and watch first. Typically, according to my experience, the correction will persist for at least two to three days. The price has been irrationally surged for the past two weeks. The correction that took place this morning is considered minor and not huge enough to flush out those speculators. Therefore, the price will probably keep droping to TP 1.60. Anyway, this week is not a surprising week. Also, due to lack of catalyst, the price will enter consolidating phase after the correction. Since you are expected to get it a cheaper price, why do you rush to enter now?

1.83...1.82...1.81....1.70....Prepare your bullet and sapu later!

Those who insist that GADANG is a good buy is right. However, please be practical rather than dogmatic to your fundamental analysis. Great correction ahead. If you see precisely, all the counters which have been undergoing a great rally for the past two-three weeks now all turn red. This signals that correction is coming very soon. Secure your capital, seek another round of rebound. Be FLEXIBLE!!!!

Run...run....run...Let it drop and then we accumulate once again....No catalyst so far. I am a value investor. But, sometimes need to take into account the investment climate. Since the market has been irrationally overheating for nearly a three weeks, the rally is apparently not sustainable.

Technically speaking, the price has been fluctuating within the range from 1.40 to 1.60 for the past 4 months. No drastic upward or downward swings, awaiting for next catalyst to boost the price.

I love this company owing to its sound fundamental, earnings visibility and strategic business diversification. Stay tuned and reap the gain. The next quarterly earnings report is going to be released by the end of May.

Jack Ong, this is the outdated one. Kenanga hasn't read the latest quarterly report.

Haha, the analyst is abit "mabuk"!

q-o-q 400%

LOL...LOL...LOL...*\^0^/*

Why worry? 5000 WA disposal only.....But, the profit increases by 430% on y-o-y basis.

Result is out. Beautiful! http://www.bursamalaysia.com/market/listed-companies/company-announcements/1603289

Correction is very soon. Now, it is only retail investors support the trading hype.

Beware. Someone is trying to manipulating the stock.

Somebody else cancel his orders from the queue. Manipulating the queues to give misleading information?

It's obvious...The management is confident about the company's growth prospect. By 2017, when the warrant is mature, then they can exercise the options at 1.00++ (Remember the exercise price is 1.00, ratio 1:1, currently warrant is traded at premium approximately 1%). Not only they will have windfall gain, but also their shareholdings will substantially increase and then their plan to privatize this "golden egg" company will come true.

http://www.orientaldaily.com.my/index.php?option=com_k2&view=item&id=113011:60-50&Itemid=198

Kok Onn bought additional shares at 1.91 recently. Do you think he will let the price free fall back to 1.00? Of course, correction is inevitable in short term. More upward potential to come.

@coffeepimple: You must be the one who "cabut" yesterday. Haha, you will never never get GADANG at cheaper price anymore.

Bursaninja: you are too short-sighted. Don't always think of trade and speculation. Think about investment.

1.90, 1.91, 1.92, blocks cleared!

If I am not wrong, Kok Onn delivered a good message about Capital 21 during the EGM this morning.

Gadang, I love this company's name, sound like Kandang in bahasa....Hope that the goat can gallop as fast as the horse.

Buy call to sons and mother shares of PJDEV.

What do you think if the MD buys the company shares? Of course, he think the company earnings prospect is good, especially the acquisition of shares takes place when the release of quarterly earnings report is around the corner.

Tan Sri Ong family stealthily exploits the inefficient market to buy in OSKPROP shares and warrants in order to make the privatization (though it is not confirmed yet but possibly works) easy when the public shareholding is less than 15% as stipulated by the securities commission.

Basically, my guess is: first OSKPROP is privatised. Second, OSKPROP is injected into OSK to unify as one entity so as to gain synergy as both companies have similar and large degree of exposure to property sector. Yesterday, Tan Sri Ong gave a hint in his statement to the media that OSK may consider to engage in property sector.....Third, PJDEV's non-core-business assets will be sold off to release it value. This can be seen from the disposal of Menara PJD and some landbanks in KL. Finally, merge PJDEV and OSK and emerge to be a prominent players in Malaysia.

It would be probable that OSKPROP will be privatised and then injected to OSK then within 6 months ahead.

GADANG is transforming its position to be a property player in domestic market as the company management foresees that the pure exposure to construction sector does not provide lucrative earnings margin and the sector itself is cyclical. In order to secure consistent profit, the company starts to diversify its businesses to several segments (Please check the company website). Moreover, Kok Onn presented before the press conference in February 2014 that the company is eyeing for doubling the profit contribution from property sector from existing 20% to 40%. It sounds he is ambitious to boost the growth prospect of GADANG. If the plan came true, GADANG would be the second SBSCORP.

@Desmond Goh Kok Seng: You are right. It is not worth to buy the warrant at the moment unless one who does not do the maths very well.

Recall - Kok Onn, on 31 October 2013, said before a press conference that the company will establish dividend payout policy if it is doing well consistently in future plus the recurring income is stable. http://www.thestar.com.my/Business/Business-News/2013/10/31/Dividend-policy-by-Gadang-Group-plans-to-give-regular-dividend-as-it-builds-up-recurring-income-asse.aspx/

The saying that substantial shareholders were dumping their shares would not be true since the latest company announcement has shown that they are in fact accumulating the shares in the open market at the moment. Thanks to the panic sales, they collected shares at cheaper price.