POHUAT (POWER HUAT) LEVERAGED ON THE EXPORT THEME OF LOW RINGGIT. POHUAT ALSO GOT ADVANTAGE OF LOW COST WAGES & FACILITIES IN VIETNAM.
AS FOR GADANG THE EUPHORIA OF TODAY MIGHT END UP LIKE A COLD TURKEY WITHDRAWAL LATER WHEN REALITY COMES INTO FOCUS
SEE CALVIN'S VIEWS
BIG RED FLAGS LAH!
1) FORGET 16.7% FROM CAPITAL CITY 21. IT WAS A WRONG USAGE OF INDUSTRIAL LANDS FOR COMMERCIAL PURPOSE. LANDS SHOULD BE DEVELOPED AS FACTORIES. NOW THE VALUE OF LAND WILL BE STUCK LIKE A SORE THUMP!
THIS PIECE OF 16.2 ACRES LAND IN JOHOR IS SITUATED IN THE MIDST OF FACTORIES IN A MALAY MIDDLE CLASS REGION. AND THIS LAND WITH BOOK VALUE OF RM21.3 MILLIONS WILL BE STUCK IN LIMBO FOR A LONG LONG TIME
SO THERE ARE 2 LOSSES
A) LOST OF PROJECTED REVENUE OF 16.7% DUE TO MISCALCULATION. ANGSANA COMPLEX WHICH IS BETTER LOCATED IS NOW FACING DOWNTURN. HOW COULD CAPITAL CITY 21 THRIVE IN A SECLUDED PLACE?
B) RM21.3 MILLIONS LOCKED UP IN A WHITE ELEPHANT WILL BE LONG TERM PAIN.
2) DIRECTOR IS NOT JUST SELLING A FEW THOUSAND SHARES TO MEET SOME NEEDS. A RM5.5 MILLION SHARES DISPOSAL COULD ONLY MEAN THAT GADANG IS NOW OVERVALUE.
3) BY ALL CONSENSUS - WHEN MR MARKET IS ALMOST 100% IN AGREEMENT THAT GADANG IS A GOOD BUY - ALL THE PEOPLE HAVE ALREADY FULLY EXPOSED TO THE EUPHORIA.
EUPHORIA IS NOT THE TIME TO BUY. WE SHOULD BUY INTO PESSIMISSM & SELL INTO EUPHORIA
MY GREAT SIFU TOLD ME THIS, "TO BE GREEDY WHEN OTHERS ARE FEARFUL; AND TO BE VERY FEARFUL WHEN OTHERS ARE GREEDILY BUYING" MY SIFU'S NAME IS - WARREN BUFFET
After ex-all, Gadang will also be like Pohuat with target price of RM2.00 for the mother share and RM1.20 for the warrant. Condition: Must wait for MRT2 and LRT3 end of this year.
After ex-all, Gadang will also be like Pohuat with target price of RM2.00 for the mother share and RM1.20 for the warrant. Condition: Must wait for MRT2 and LRT3 end of this year. 21/10/2016 00:18
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
cresbinvest
374 posts
Posted by cresbinvest > 2016-10-20 13:03 | Report Abuse
Yes, it will.