kancs3118

kancs3118 | Joined since 2013-09-02

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2016-03-31 13:08 | Report Abuse

good lar...cannot wait until they pressed to RM1.95...wanna load up liaw.......press press press

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2016-03-31 11:51 | Report Abuse

Kancs3118 has spoken...hahaha..refer to my earlier posting...about someone depressing the price for the Private Placement. ...hahaha

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2016-03-31 07:50 | Report Abuse

Hi superman99, that CCB tak boleh Jalan punya...I wait until janggut long long liaw...

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2016-03-30 23:25 | Report Abuse

If you missed the RM1.93 range...don't worry...opportunity will come again. The private placement is done to institutional investors. They will definitely want a cheaper price per share and more of the shares to make up for the alloted dollar contribution. This way, they can stand to benefit from Capital related exercise such as better dividends, better participation in rights issue, etc.

Hence, this means that someone will press the share price down again when it cpmrs to the weighted average 5 days. Now the increase in share price maybe temporary due to the current euphoria in the construction sector following the awarding of MRT projects.

Let us wait until the price get depressed to RM1.9x range before we move in to buy more, shall we?

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2016-03-30 00:18 | Report Abuse

My personal opinion? It will be pressed down again

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2016-03-25 17:07 | Report Abuse

not eagle_eye ...but old eyes

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2016-03-25 14:15 | Report Abuse

@ yeekarwai88, hahaha - that is what i wanna say too,,,,,AZRB winning the MRT2 viaduct package is expected. During the AGM, Tan Sri Kok Onn already state that one package is reserved for bumi. Hence, now we know that this is for AZRB.

It is highly likely that Gadang will win 1 package - if not , why susah susah go get private placement? Gadang is so bloody cash rich in the first place...~!!

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2016-03-24 18:52 | Report Abuse

Insider news state that they gonna buy the land that they abandon last time

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2016-03-19 13:28 | Report Abuse

current climate/ sentiment - maybe rights can risk being under subscribed...furthermore, rights issue is more time consuming than private placement..... anyway - KokOnn is an honest man - he will not short change the shareholders..
waiting for them to announce the MRT3 viaduct project ,,,,and this baby will fly...

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2016-03-19 13:23 | Report Abuse

CCB.....time to wake up ....sleep far too long liaw

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2016-03-19 13:21 | Report Abuse

dui...Ms. Jolin Lai......last time, i made a mistake - bought this counter...from this counter - i learnt the bitter lesson of the importance of management integrity - selling Batu Kawan land at RM45 per square feet...and running a losing F&B business and promising to pay dividend but does not...- shows management does not have much integrity ...
i learnt from my mistake liaw...
anyway - what i have lost from this counter - i made it back from Gadang...

hey - ohhh - what is your FB / WhatsApp arrr? i got tonnes of K-Drama to share lart

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2016-03-19 13:17 | Report Abuse

Tambun Indah can weather the storm in the property sector - it is fundamentally a very strong counter...
for properties top pick:
(1): TamBun Indah,
(2): SHL
(3): SymLife ------> i know - this counter is controversial...

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2016-03-19 13:05 | Report Abuse

(2) and (3): hopefully...

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2016-03-18 16:28 | Report Abuse

Mark my words...this counter will not benefit the shareholders .....

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2016-03-14 00:21 | Report Abuse

This is far away from a Holland counter

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2016-03-11 19:23 | Report Abuse

Careful is good.... :-)
Ohhh...what is your FB or WhatsApp?

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2016-03-10 21:44 | Report Abuse

Then, Jolin, bodoh guy like me...need a smart lady like you ...if not, I will Sesat Jalan selama Lama nya....

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2016-03-10 13:48 | Report Abuse

Wah...how you know that I am a bodoh guy? Let me add you on FB ...them, you will know whether this MBA holder is really a bodoh guy???!!!!

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2016-03-10 13:16 | Report Abuse

Aiyohhh...how u know I am bodoh leh? Please tell me more?!!

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2016-03-10 10:48 | Report Abuse

Ohhh...no problem ....give you 1 lot of Sumatec shares...good potential..good and honest management ....sure win one..
Ok? Just like me...very honest guy with good future...also handsome and well build like Rain from South Korea or like Christian Bale from Batman ...

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2016-03-10 10:34 | Report Abuse

Give you 1 lot of Sumatec...good stock...high potential one...deal? Then, you can have me...I am better than any stocks here in KLSE

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2016-03-10 09:08 | Report Abuse

Today gonna be cheaper ????

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2016-03-09 18:31 | Report Abuse

Jolin Lai - wanna be friends? me quite tall and handsome one....like Rain....quite well build too

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2016-03-08 19:57 | Report Abuse

@ brother Superman 99, you read my mind...yes...that is what I am trying to say ...the price setting regime dictates 10% discount to the average last 5 days prior to the date of share placement. This will work in our favour .

Somebody is purposely presing down the price to achieve the lower 5 days average price. Hence, the institution doing the funding can get it cheaper ....and alloted more shares to achieve the predetermined funding amount. What this means to retailers is that we can catch low prices for these 5 days...maybe at RM1.70 to RM1.80. Hehehe...huat arrrr......

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2016-03-08 18:25 | Report Abuse

i think cheaper price is coming our way too...

The reasoning:

Think about it: if you are the person who is funding Gadang, do you want more shares or less shares?? personally, i want more shares - which translates to more dividends, better shareholder representation and ability to participate in future corporate exercises (especially bonus issue~!!!).

Hence, to make up for XYZ funding amount, i will want to have a lower share price and make it up in more shares taken up.

So, what this means for us "ikan bilis"? This means maybe, just maybe - tomorrow - the price will be pressed down even - maybe to RM1.70 to RM1.80, thus giving us a chance to buy more.

Hence, please don't cut my quee, i am queuing up to buy at RM1.80

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2016-03-08 17:58 | Report Abuse

i think someone is deliberately pressing down the price - if some stupid china company is asking for more money despite claiming to have hundreds of millions in their bank account, then, this can happen. But gadang is sooo bloody cash rich - then only two questions? the cash is fictitious or got more business opportunities coming? Kok Onn is an honest man - so, i don't think he will stoop so low to fraud - report fake cash. I think he wanna expand his empire...

in the words of Kok Onn during the AGM 2015;

We want to bring Gadang to the next level ~!!!!! <from: Tan Sri Dato Kok Onn AGM 2015>

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2016-03-08 17:54 | Report Abuse

@ Superman99, congrats to you brother........now, ready to eat second round....huat to you....

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2016-03-08 17:54 | Report Abuse

hey - you all don't potong my quee....i sudah beratur at RM1.80............waiting waiting waiting

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2016-03-08 13:07 | Report Abuse

personally, i am happy for superman99. Happy that he collected at RM1.95.
mmm...let me best his record - collect at RM1.80....hahahaha

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2016-03-08 13:06 | Report Abuse

Private placement maybe a good or bad thing. It is bad if management used the proceeds to fund projects whereby the returns are inferior. Hence, the marginal increase in EPS is insufficient to offset the earnings dilution per share due to the enlarged share base.

However, we know this is not the case with Gadang - as management has repeatedly demonstrated it is selective in choosing high margin projects. Actually, in this case, private placement is a good thing - because the business is expanding faster than its cash generation capability (positive free cash flows). Rather than just going to the bank or raising rights (a bad move in a weak market sentiment like right now), company choose for private placement instead.

It means that
- Gadang is highly likely to win the MRT2 project and a few more Petronas Rapid projects is coming its way. Hence, all of these construction contracts require cash - either as working capital or as a performance bond. This resulted in them having insufficient funds to fund for their property projects. I think something big is coming to Gadang, that is why they need more money. Be patient.
- this is better than share split - share split is just a book figure movement - whilst private placement resulted in them having "free cash". The 10% dilution to their EPS should be offset if their EPS rised by 10%. Something doable because FY16 and FY17 results are highly likely to be better than FY15 as promised by Kok Pei Ling during the 2015 AGM.

If you hold for 1 to 2 years time frame, no fear. NOw is a good time to buy more - unfortunately, i have run out of bullets...may consider liquidating other counters to buy Gadang if the price drops to RM1.80.

Even with the 10% expansion to their share cap, the share cap is still lower than 290M. What is there to be afraid?

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2016-03-07 22:46 | Report Abuse

Jolin Lai....y u so bad one ? Me no kacau u ....

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2016-03-06 20:33 | Report Abuse

What? Keep for at least 2 quarters only ???? Adui....should keep for one year..wait for their RM1 dividend ...

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2016-03-06 20:25 | Report Abuse

As usual, sifu apini deserve our greatest respect....

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2016-03-04 09:15 | Report Abuse

TKSW, Gadang is a good stock...don't just think of buy sell...buy sell...think of keeping...imagine..if you have kept at RM1.70....now, you sell...straightaway huat...
Think of hhow to be a good father to Gadang...rather than just play one night stand....change girls like crazy...later, you get HIV...

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2016-03-02 11:16 | Report Abuse

yeah man - rise more - look at SHL - rise like hell

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2016-03-01 10:38 | Report Abuse

still no ohm...~!!!

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2016-02-29 16:44 | Report Abuse

shit - dropping like bird shit

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2016-02-28 21:26 | Report Abuse

Results release Mon 29th Feb

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2016-02-28 10:31 | Report Abuse

Just one word....sai Lang at this price...

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2016-02-27 21:13 | Report Abuse

Better buy now - before announce Gadang winner for viaduct project

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2016-02-26 20:19 | Report Abuse

Gadang is the type of counter....diam diam - give you one big surprise

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2016-02-26 11:30 | Report Abuse

good...it does not drop like last time - when good quarterly results release - it drops to RM3....now, it is well supported at RM3.30

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2016-02-26 10:19 | Report Abuse

The Star Residences Retail Tower 2 (RT2) is already 30% sold. Keep in mind that SymLife will break even after selling off RT2 and RT3 is completely their profit. In addition, the RM700M unbilled sales will kick in during FY17. Good days are ahead for Symlife.

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2016-02-25 21:43 | Report Abuse

quarterly results release...can't wait~!!!

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2016-02-25 15:19 | Report Abuse

GOB keep on accumulating good landbank...like the dunno where punya 100++ acres land near Lumut - i heard sorrounding land prices at Lumut - more than RM300 per square feet - so, GOB got a very good deal here..."tiu" of a lifetime.....coupled with the BK land...easily translate into high EPS - applying a PE of just 6, this stock should worth more than Rm 2 bucks...if TP cannot reach 2 bucks....can touch yourself in between your legs and scratch your two balls .....

Healthy net operating cash flows, lots of good landbank like Lumut Land, BK Land, Seri Kembangan Land, this land and that land , world class business leader, at RM0.45 - this is a steal of a lifetime...i don't understand why wanna rob the bank when you can easily get rich by buying GOB~!!!

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2016-02-25 15:19 | Report Abuse

Heard that Da'Mein is fully tenanted and fully jammed with shoppers during CNY - no empty parking lots and car park always full - full sampai double park, triple park or worst still - the cars parked on top of one another - like tortoise having sex - humping one another - cars jam sampai tengah tengah jalan - city council have to tow kereta. Sure no problem to get RM488M (see got "8" "8" at the back - feng shui mah - even selling price must reflect "8" "8" for good Feng Shui) and can easily meet the conditions imposed by Pavillion REIT.

GOB empire is growing from strength to strength from day to day. Down south at Penang, got Batu Kawan - 100% owned by GOB. I heard they started building lots of high end houses - each at RM500K at Batu Kawan - the next growth engine. Low land cost - high selling price = huge profit margin...

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2016-02-25 15:19 | Report Abuse

Just one word - sai lang this stock ~!!!

Unbelievably good set of quarterly results - just trading at 45 cents........what a good "tiu"....honestly, i nearly shit in my pants - reminds me of the feeling when you have your first sex....

Wah - this company - even Warren Buffett will cry at night - for missing the opportunity of a lifetime to buy....Eyes see also nearly buta. Blinded by the very good results ... must be blessed by Choy San Yeh (God of Prosperity).

The highly profitable F&B Business - especially the GrandMama is close to selling Ham Ngap Tan (Salty Duck Egg) - reflects management's noble intention to build besar besar punya "LongKang" to enrich shareholder's wealth. - i mean - wealth transfer from shareholders to others.....