I was Gadang investor long time way before KYY promoted this counter. I think even before OTB made his position known to public. This buddyinvest is late comer to gadang. When KYY first promoted gadang using "cup and handle" chart, this buddyinvest also talk about cup and handle chart in gadang forum. Now KYY said sell, or "business sense investing" he also talked the same tune. Really beh tahan this kind of people.


Posted by buddyinvest > Oct 18, 2016 01:04 PM | Report Abuse

Mr. Ooi, it looks like Gadang is rocketing again after the completing the formation of second cup-and-handle. It is a mini size this time.

The mini cup was profiled for a duration of 1 month 11 days, and the handle was formed in 4 days, thus satisfying the cup-and-handle pattern as described in the TA literature of below link

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:cup_with_handle_continuation

What do you think? Appreciate your sharing.


Posted by buddyinvest > Aug 9, 2016 03:33 PM | Report Abuse

ini kali baru betul... cup & handle... see you Gadang at 4.00


Posted by buddyinvest > Aug 9, 2016 04:49 PM | Report Abuse

Lai lai cup & handle with increased volume. resistance broken. hehe.. sky is the limit,

Of course must always supervise the company performance and fundamental.

Long term growth stock for him. He taught us once found a good stock never let it go so easily unless no more growth. Keep for long long and hope to win big. This is his philosophy as far as i know.

Good job SJSOON. Thanks you.

kancs3118 sifu the great khan, long time no see..where have you been all this while?

hahaha, tksw sifu...good one.

I don't understand why need to be so negative. Allow me to share my humble analysis of the result:


Net profit was dragged by property profit margin. You have to understand last year exceptional good margin (>40%) was mainly driven from capital 21. Comparing with preceeding quarter (Qtr 4 2015) or in fact comparing with the last 3 qtrs, the profit margin is actually not much different, hovering between 23% to 28%. The good note is revenue is increasing. This quarter result will be the last quarter result where performance of property division need to be benchmarked against those exceptional profit margin which is the first 3 quarters of 2015.


This time construction division is showing strong profit margin, revenue is only 42 mil (vs 105 mil) but net profit is even better than last year. I view it as positive because order book is not greatly reduced. This will buy us some time while waiting for order book replenishment. I believe the remaining 600 mil order book most likely going to produce high margin because most of them are near to completion phase.


I will top up if there is huge correction.

Stay positives..Cheers....

better analyze how kwasa project able to generate earning for company in next 3 years. if the figure is encouraging, i think property division earning growth is more or less secured. for construction division, less worry due to plenty of opportunity about contract potential, just need to wait for announcement, that's the frustrating part for those who are impatient.

No need to pay too much attention about shareholding. too many possibility, ask kok onn during agm if you interested to know.

i think this kind of comparison is more toward speculatice. focus on its business/earning prospect is better bet.

capital city - award-winning APAC property developments http://www.hattengrp.com/inc_events_popup.php?id=36

thanks, looking forward to your part 4 write up !

hold on guys, good company with sustainable growing business is hard to find, once found hold on to it tight tight and tag along..cheers.

market maker.

xuewen, I advice you to learn while following sifu guidance. Else you will never stand on your own feet and may fall hard in future. To me, both KC and OTB sifu are really good. Just that both of them has different perspective on certain areas. I learn a lot from both of their sharing.

sosfinance,

I think need to wait Gadang to announce what is the estimated GDV of the project. As a benchmark, here are the info I got:

Ahmad Zaki
- plot size 3.9 acres
- total return to kwasa 28.95 mil (equivalent to RM170 psf) + 10% of GDV (15.95 mil)
- GDV 159.5 mil

naza ttdi
- plot size 12.7 acres
- total return to kwasa 88 mil (equivalent to RM160 psf)
- GDV 440 mil

Gadang
- plot size 24.08 acres
- total return to kwasa 165 mil (equivalent to RM157 psf)
- GDV ??? mil

Seems like Gadang bidding price is not bad compare to the other 2.

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.

Stim, i think you are referring to this cyberjaya hospital project? worth 500 mil.

http://english.astroawani.com/malaysia-news/cyberjaya-will-have-government-hospital-2018-93764

Gadang track record of reviving and completed the shah alam government hospital last year could be instrumental in securing the next hospital project.

http://www.themalaysianmirror.com/after-completing-abandoned-hospital-project-gadang-on-track-to-building-stronger-growth-report/

The annual report published already. Anyone read it? Don't have time to read it now but I just quickly scan through, here are the stuffs I saw:

- Order books stood at 656.7 mil, unbilled sales at 233.7 mil.

- Obvious changes in top 30 shareholding (as of 30 August 2016 record) are:

- Mr Fong Siling's shareholding increased to 5 mil from 4.6 mil.

- Mr Koon Yew Yin had 2 mil shares.

- Exercise pending approval from bursa, once approved expects EGM.

Please share your finding. Thanks.

1) property

Gadang already knows that affordable housing is the way to go in this tough times. I foresee more and more measures by government going forward is going to benefit affordable housing sector/first time house buyer.

http://www.theedgeproperty.com.my/content/884596/gadang-land-launch-second-phase-laman-view-cyberjaya

“We are a niche developer and we don’t accumulate land bank. We choose to do a development based on the location and product. Hence, we don’t foresee any issue in selling the products we are planning to launch in the next three years,” he remarks.

“Basically, we don’t go for super high-end developments. We go for something affordable yet of good quality as we believe the market for these products is always there. That is the segment we are concentrating on.”


2) Govt infrastructure contracts

Government infrastructure projects are the only positive economic driver in current tough times. There is no way they will cut spending on this. It is NEEDED to drive domestic growth while commodity and export are weak.

Nice, at 3rd attempt, gadang closes above 3.00.

Actually, price shoot up now does not really exciting. Wait until it shoot up after the stock split, bonus issue, it is like see your profit turbo-charged up. That's what I call super exciting to the max.

Anyhow, congratulation to all loyal shareholder. We have waited long for this milestone. yumseng....cheers.

Be patient, slow and steady is the most powerful uptrend.

The proposal has been submitted to Bursa today: http://www.bursamalaysia.com/market/listed-companies/company-announcements/5199285

Cheers.

that's for mrt2, how about dash/suke? Anyone knows roughly the progress?

i don't think there is a fix date for the result. It depends on when ah jib kor free to attend the one-stop procument meeting. Hahaha, ...just kidding.

But I think we could get some news in September since got one viaduct package tendering process have been closed in early august and pending evaluation or result announcement.

take care of the downside and the upside will take care itself.

So from now until year end, this corporate exercise plus 7 sen dividend will act as Gadang stock price defensive shield from external market volatility.

Along the way, just patiently wait for new contract announcement.

Cantik?

I agree with Thomas Lim, TP RM3.50 seem possible due to latest corporate exercise development. Selling now is just too cheap, both from fundamental and technical aspect.

Good management always thinking one step ahead, I like the no nonsense style of management in Gadang.

From Quarterly report:

The Board is mindful of the weak economic condition even with the numerous capital intensive
infrastructure projects that are to be implemented over the new financial year, which provides ample growth
opportunities for the Group.

However, assessing on the overall market developments and tight lending policies, the Group shall:-
- stay focused on executing its current construction activities involving on-going infrastructure projects
to protect its construction margins against cost escalation;
- realign its property development plans to suit market conditions and consumer demand;
- expand on the Indonesian utility operations, with water production capacities to be increased and the
mini-hydro concessions to be fast-tracked for early completion; and
- optimise the plantation harvesting activities to improve on overall revenue.

some company got a lot contracts, revenue goes up but net profit goes down. lousy management.

Company with good management get contract and able to churn out good profit out of it through excellence project execution.

i also top up at 270 this morning, follow icon sifu, just hold tight tight lar, it is near september already, mrt corp will start to awards contract again.

hahaha....tksw sifu, let yum seng together....

after share split then bonus issue + free warrant? yum seng 3 times?

does it matter what is the factor? If you buy lousy stock, does those factor will ever knock your door?

Different type of accounting based valuation show fair price above 3.00, analyst tp also above 3.00, those contract potential and earning and bla bla bla also a real things.

Why sell? I just cannot understand. hold and buy when dip. That's how I magnify my winning. Just my 2cents.

Those who are still holding are not necessary fall under "fall in love with stock" syndrome. It is about knowing the current valuation of the company and valuation keep changing from time to time. It can be higher and higher, causing you to keep holding and holding.

No lar, I am not questioning your take profit. As Ricky bro said, take profit never wrong, it is up to you. I am just amaze how fast you change your mind from adding more position at 2.65 few days ago and today sold all.

So fast change mind already?


Posted by qiqimon5566 > Aug 16, 2016 06:04 PM | Report Abuse

Sold my gadang today 2.63, great profit, better than none, join u guys again next time ^_^

Posted by qiqimon5566 > Aug 12, 2016 10:00 AM | Report Abuse

wonder why people here are so free and nervous to focus on the share price just moving a bit, i guess it is better for us to focus more on our daily work :P
anyway, i just successfully add a bit on 2.65, what a nice support buying point

Posted by qiqimon5566 > Aug 12, 2016 03:16 PM | Report Abuse

I would say 2.65 is a good buy point... Im still queueing after successfully bought a bit just now... Please throw to us queueing if you it is not worth to hold, thanks

keke, you are not alone. hehe..

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5175873

Posted by keke > Aug 15, 2016 04:57 PM | Report Abuse

i bot not long before kyy's announcement. so don't have much buffer to sustain the price down. now i probably should think either my cut-loss point or hold and wait until the point i want to average down.

I can understand the worry of some genuine gadang investor. We like gadang due to its potential and its nature where it is slow and steady up up kind of stock. With super investor come into the picture, it will spice thing up and create volatility or negative perception which might causes some discomfort.

But shouldn't stock is like that at the first place, some level of volatility. Gadang is fundamentally good. When there is a dip due to volatility, i am sure others will view it as opportunity to collect, hence balance up. This cannot be true if the stock has no fundamental.

With super investor on the boat, does the contract potential suddenly gone?
With super investor on the boat, does the 7 sen dividend get cancelled?
With super investor on the boat, does the strong earning and balance sheet affected?
With super investor on the boat, does the good management suddenly become bad?

You know the answer. For me, I told myself to stay focus on my target. Cheers.

real gold does not afraid of red hot flames.

7 sen dividend is real, over 1 billion worth of contract to be grabbed is real, strong quarter earning is real, strong balance sheet is real.

it's just a matter of time. cheers.

“While a judicial management order provides temporary relief, it is only valid for 180 days unless extended by the courts,” point out the analysts. They hypothesise that even if oil prices rise, a recovery in earnings is not to be expected as service prices remain depressed, hence preventing the company from repairing its balance sheets.

“As such, a judicial management order only delays the inevitable series of cascade defaults necessary to return the sector to health,” say Foo and Chow.

This is just the beginning?

http://klse.i3investor.com/blogs/kianweiaritcles/101350.jsp

dude, coldeye holds 4.6 mil shares as per 2015 annual report. dividend alone over 300k already.

first TP is 3.00, Gadang is really undervalue. with such a strong FY16 earning, PE is barely 6 only even with current price. ridiculous.....not to mention with such a huge potential for construction sector ahead.

For those trading Gadang, listening to this song may helps. some says dance along with it yields better results. https://www.youtube.com/watch?v=EAPmy1SxDdQ

mou tin leh ah !!!!......calm down calm down...

signal can change very very fast, don't play the hard games buddy.

got money back guaranteed die-die also must buy lor.

:)

is OPR cut good for bank?