I agreed with Icon, tksw, you really good EQ, thumbs up!

Very close call, Icon, you are really good in seeing things...

tksw, you are so lucky to have so many sifus' advices, I pity myself for never have such good opportunity when young... :)

My pleasure, Icon, you can see my email from profile.

Icon, really look forward to see your stock selection for 2016.

Don't feel pressure, enjoy it. I know you always enjoy... :)

Some of your choice of stocks may not be suitable to me but it is always great to know more from different angles.

Icon, I am collecting a new stock, I feel excited as I felt for Gadang.

Meanwhile, enough collecting Penta & hope to collect more if any cheap sale.

Sharktank, thank you for your advice. In fact, never worry on Gadang, price up or down don't change a thing as plan was set on the stock.

As said earlier, monitoring the movement will easily cause uneasy emotion & further may make unjustified decision, but keeping an eye to see any opportunity is a must. (ps. where got time to monitor, got to work to earn living)

Even earlier I said before, up or down few cent won't make me sell or buy, though already up 50%+, while PE still remain below historical average, I still think there is big room to go.

"Rising compliance costs will also eat into developers’ margins. Elsewhere, various housing schemes under the Government have created a large incoming supply of affordable housing and this could pose a threat to existing players."

Gadang is JV with Government for Prima1 projects at cyberjaya, any sifus know more details? What is future prospect or possible profit contribution from this JV?

http://www.thestar.com.my/business/business-news/2015/12/17/challenging-property-sector/?style=biz

Good job, tksw, market is feeling better now compared to last few months.

Btw, still in office?

375m for 31 months = 12.1m per month
185m for 20 months = 9.25m per month

The value for new project is good also, very positively improve coming year's profit. Very likely go for higher TP.

Thanks for sharing, invest33 & fahmi.

Thought will have consolidation today & wait early early, perhaps q behind tksw, that's why cannot get.... :(

Anyway, it's another good day again, cheers bros! ....... :)

SJ, are you trying to say pessimistic indeed?

Precisely, the market has already factored in the us interest hike.

Business needs certainties, nothing else.

哈哈哈

Up also said run, down also said run, but still hanging around here, interesting.

Consolidation at region of RM2.10-RM2.20, Hope to get some today.

Run run run... please sell all shares now & run... go for other stocks & bye bye...

JN, relax, yee just did not elaborate further as what you did.

We all know that both of you are long time Gadang shareholders & we all also know next year is construction play (if want specifically, that's government & petronas projects).

All construction firms with major businesses in building houses are all dead long long time ago, regardless listed or non-listed, all were squeezed with so little margin only, plus long payment terms.

Fair

Never mention downsides, biased review, or rather short sighted review?

Very conservative & fair review.

That's why some PLC go for small firms, because directors will have more say.

When small, desperate to earn living & nothing to lose, risk is nothing. When established already, not worth to take such risk.

Hahaha, JN, cari lubang nowaday can go to jail or license kena gantung. Very risky now if continue guna skill cari lubang.

TP RM2.20 is at sight, next TP RM2.50....

GOGOGO.... :)

Kansc, professional lines are getting tougher & not so popular compared to last time. More & stricter requirements & most importantly, very difficult to get staff.

Nowaday young people have more choices in career, thus making less people want to go to professional lines like accountants, doctors, lawyers, qs, engineers. Why? Because all professional firms need to do ot, rush deadlines, one man do 3 men works, list goes on.

Open professional firm is no difference from other businesses/industries, you need to get new clients/business, provide services or do the work, make sure get paid, chase payment, incur costs, blah blah blah.

Getting license does not mean you will succeed, you still need to fight for new business.

Whatever you do, focus & commit into it, you will anyway get good reward. Audit & tax are both good, depend on your personal preference.

Market is correcting itself on the Gadang share price, when price was so low with PE about 5+, I put in mostly all my monies in Gadang, & now still holding.

When historial past 4 years' average PE was 7.35, why sale when PE is still below 7?

While Capital City 21 is started to deliver its profits, don't forget Gadang still have PRIMA1 housing development in Cyberjaya.

Furthermore, many are agreeable & optimistic to the ability of the Management to get MRT2 & Rapid2 Projects, where can it go?

SKY is the only limit!!!

Thanks for sharing, weewee22. Everyday is a happy day... :)

Those monkeys are sailing to holland

Yes, agreed to sheldon's point on "honest management", honest management will work hard for company, not for their own pockets. Seen so many bad or worse management already.

Will the new order book help? Strongly doubt it as existing one commanded very low margin.

Nine months results = Operating profit of RM28m (exclude forex gain) from revenue RM1,145m.

Net Profit Margin = 2.47%

Nature of forex gain was not explained, very likely is the paper gain arising from the foreign operating assets.

Net profit attributable to shareholders for nine months 2015 = RM150,184,000 (2014: RM100,244,000)

Gain on foreign exchange = RM121,864,000 (2014: loss 1,528,000)

===> If without gain in forex, the actual net profit = RM28,320,000!!!

--------------------------------------------------------------------------------------------------------------------

Borrowings as at 30/9/ 2015 = RM2.58billion (2014: 2.43billion)

Cash decreased from RM950m (31/12/2014) to RM675m (30/9/2015).

===> Gearing UP Cash DOWN (Note: NO improvement even after right issues)

--------------------------------------------------------------------------------------------------------------------
Negative:

1. Accounts is complicated & quite difficult to understand especially on the negative reserves.
2. Business is not doing well with profits going down
3. Gearing up & cash down at the same time (right issue not help much)

Positive
1. 4b+ construction order book

Studied this stocks last month & planned for long term buy, with intention for slow & safe growth plus decent dividend payout, but never expect such surge within a very short period (compared with past years' stock price movement).

Congratulate to all, keep it up.

Miss the boat already, well done to all.

Ya, meeting clients are part of job

I love stock market, but can't all time looking at it, will crazy.

Full time is not possible until retire, still long way to go.

Icon, he is here mean he is working.... :)

把钱存进银行做定存，然后每年用利息买海鲜... :D

Precisely, fear drop when up, fear loss money when down, better put under FD.

船头惊鬼，船尾惊贼，最好不要出海。

Kalau takut, jangan beli. Kalau beli, jangan takut.

Still not done, susah mau beli macam ini, cepat cepat jual....

To see Fiamma to shine, it needs at least 1-2 years, my 2 cent guess.

Stockraider, all good stocks mentioned by you are hard to see panic sale, strong on sellers. Agreed with your point that it is a strength instead of weaknesses.

Icon, saw your comment about Penta, pressure lah.

Agreed, yee, most bankers' recommendations are for reference only & they always change their stands all the times.

Do analysis yourself & make judgement yourself is more reliable than referring to those experts.

At least target pizzalah, jangan hari hari target mau beli roti canai sahaja.

tksw, I know you will sell 100 shares by 100 shares now & will buy back RM2.20 later at 100 shares by 100 shares, nampak pun sakit mata....

If you hold like yeekarwai since RM1.4+ until now, you are not only minum kopiO at Kedai Minum Ah Chong, but buffet high tea at 5 stars hotel!

Precisely, hpcp. Screening out the whole market, there are more than 65 stocks transacted wiht discount of more than 35% NTA.

Management can't do anything to reduce the gap since 2008, except keep promoting themselves that icapital is undervalued, yet today still continue undervalued.

Yes, I was the one regreting. Wake up late rather than still dreaming. I feel lucky now.

Thanks for sharing, IVKLSE, good job!

Thanks for sharing. Good job!

Wish Government to cut tax? That make smile, if not laugh....