Posted by moneySIFU > 2016-10-27 22:52 | Report Abuse

Mr Calvin, the definition of unbilled sales = contracted property sales but subject to progressive claims based on the percentage of completion of the building construction

Posted by Alpha Trader > 2016-10-27 22:53 | Report Abuse

stop talking crap calvin, gadang did some construction work, sales haven't come in, unbilled sales pun tak tao, can go and study secondary school or not

Posted by moneySIFU > 2016-10-27 22:55 | Report Abuse

For construction company, order book in hand defines potential of future earning.

Posted by calvintaneng > 2016-10-27 22:58 | Report Abuse

moneySIFU Mr Calvin, the definition of unbilled sales = contracted property sales but subject to progressive claims based on the percentage of completion of the building construction
27/10/2016 22:52

Yes, unbilled sales can be considered as progressive payment upon completion of building work. It can also mean that sales are aborted.

G Residence got 60% to 70% bookings or sales but many were aborted due to stringent loans or buyers deciding to pull out last minute. Booking fees could be refunded partially or forfeited.

Posted by calvintaneng > 2016-10-27 23:00 | Report Abuse

Alpha Trader stop talking crap calvin, gadang did some construction work, sales haven't come in, unbilled sales pun tak tao, can go and study secondary school or not
27/10/2016 22:53

Haha! Alpha Trader,

I once thought you got some value when you posted on EPMB. I was totally wrong!
You are an outright gambler. How many poor souls you led astray defending IFCA?

Posted by mamatede > 2016-10-27 23:02 | Report Abuse

simply quotes of bible hahaha... clap2

Posted by keke > 2016-10-27 23:02 | Report Abuse

so jialat la u, unbilled sales u also can twist until like that...

Posted by UniC > 2016-10-27 23:02 | Report Abuse

alpha trader bring many to holland in Ifca, then in Smrt. and a few others.

Posted by keke > 2016-10-27 23:03 | Report Abuse

also always like to use other example and paste it to gadang without prove, your example i can use to paste to every property counter lor

Posted by keke > 2016-10-27 23:03 | Report Abuse

calvin is like that lor, give general example and then slap it to the counter he dun like

Posted by apini > 2016-10-27 23:06 | Report Abuse

Calvin ,

You don't even know how to calculate percentage change correctly, why talking so loud here ?

Jesus said : I am most sad not because you do not believe me , it it because you are my son but you talk rubbish

Posted by Alpha Trader > 2016-10-27 23:06 | Report Abuse

at least i made people rich before in ifca and smrt, have you had a 300% return in a year? stock boom and bust is common, i highlighted in my blog about risk and reward and cut loss point

calvin - the only good call i saw , i really can't remember, maybe bjcorp? it never go up before, but only one way ticket hahahaha

Posted by keke > 2016-10-27 23:09 | Report Abuse

btw, first time i heard look at balance sheet already know it is pump and dump. actually calvin is even more geng, he already predicted and said exactly the same thing when gadang is RM1.30....dunno who so lucky listen to him and don't buy at RM1.30.



Posted by calvintaneng > Aug 16, 2015 09:33 PM | Report Abuse

Counting chickens before they are hatched?

Be careful lor!

I visited Pengerang's RAPID twice. There are not enough accommodation nor workers there in Sungei Ringgit! All the skilled workers have left for Spore! Think Bangla will do the job? Think again.

As for Capital City 21 I pass by there almost every week as I have a house nearby in Kempas. Better go and see the progress yourself. It might be a Gajah instead of Gadang - a white elephant. It might well be Gadang's Achilles heel. Better throw all Gadang shares first thing tomorrow!

Posted by calvintaneng > 2016-10-27 23:13 | Report Abuse

keke,

ya, you are correct to mention this

Gadang's profit from construction is a mere 7%. This is due to the very high expenses incurred in Pengerang.

Posted by aidwiz > 2016-10-27 23:21 | Report Abuse

he wants you to convert to bina puri. hahaha.

Posted by Yipman > 2016-10-27 23:54 | Report Abuse

It's hot topic here. No fighting please. Tomorrow we will know who is the strongest one. kekeke.

Posted by shareinvestor88 > 2016-10-28 00:12 | Report Abuse

Drop to 1.00 ?

Posted by 914601117 > 2016-10-28 00:22 | Report Abuse

Calvin,
I appreciate your contribution here and I'm not going to argue for Gadang since she has gone up quite a lot.

Could you recommend water sector? How about Taliworks, Salcon, Puncak or KPS?

Posted by Jay > 2016-10-28 00:22 | Report Abuse

1. unbilled sales is like what moneysifu highlighted, not what's stated in the article.
2. gadang's property division has been the biggest profit contributor for some quarters already in case you didn't notice, which is why the market gives it low PE
3. gadang's contruction orderbook is really thin is a fact, if they can get some contract from upcoming infra contracts, then 1 big contract may be enough to last another 1-2 years. but if they don't then they are really screwed.
4. property profit is definitely coming from capital city, if not they won't be able to increase revenue and profit when everyone else's revenue are dropping. remember, gadang is not ecoworld. and capital city contribution will not last forever.

bottom line, gadang is a good company but future profits are clouded with uncertainty. so whether the current price is still cheap and how much upside is left will be up to your judgment

Posted by hpcp > 2016-10-28 06:29 | Report Abuse

Your understanding of unbilled sales makes me laugh

Posted by hpcp > 2016-10-28 06:30 | Report Abuse

You dont even understanding the basic of property business. Sad sad sad

Posted by Koon Bee > 2016-10-28 06:37 | Report Abuse

Calvin come out sing song and play ping pong again?

Posted by paperplane2016 > 2016-10-28 06:53 | Report Abuse

Wait it crash today! Rm2 and below!

Posted by paperplane2016 > 2016-10-28 06:54 | Report Abuse

No visibility on order book? Next mudajaya loh

Posted by Jay > 2016-10-28 07:47 | Report Abuse

that's the risk of low orderbook. but I think market is expecting players like Gadang who have won previous MRT contract to get at least some packages from all the infra project that will flow around. actually the bigger earnings risk is from property segment. once capital city completed (guaranteed by Hatten), property won't be easy to sell at this soft market

Posted by yktay1 > 2016-10-28 08:41 | Report Abuse

KYY is going to sell. Remember his mantra: buy as long as profits are rising, sell when profits declining!

Posted by Special1 > 2016-10-28 13:28 | Report Abuse

Just take Calvin points as restudy gadang whether to sell or buy more..Anyway,may be super investor is starting unloading when results turn out undesirable..

Posted by cresbinvest > 2016-10-28 13:44 | Report Abuse

Calvintan's buy call on BPURI with latest quarter EPS of 0.39sen, annual EPS with PE10 give you = (0.0039*4)*10 = RM 0.156.
See how good this calvintan.

Posted by Yipman > 2016-10-28 15:08 | Report Abuse

seems like calvin is the winner. gadang really drop.

Posted by calvintaneng > 2016-10-30 16:33 | Report Abuse

914601117 Calvin,
I appreciate your contribution here and I'm not going to argue for Gadang since she has gone up quite a lot.

Could you recommend water sector? How about Taliworks, Salcon, Puncak or KPS?
28/10/2016 00:22

914601117,

For water theme play I bought Jaks at 40 cts because of Langat 2 and water restructuring play. Jaks has 6 ft diameter water pipes. Jaks has done extremely well shooting past Rm1.20 (up a very nice 200%).

Jaks & other water thematic play stocks bull run time now over already.
Other thematic plays were MyEG (Gst), Super Enterprize (Plastic stocks due to Oil Crash, Sabah Elections Stocks Theme Play, Steel stocks theme play due to Megasteel closing.

All these are now over soon as even Steel theme plays are at its tail end.

Looking forward:

THE NEXT ON THE AGENDA WILL BE GENERAL ELECTION GLC THEME STOCKS!

Now is still in its early days. So it is better to get in early & wait.

Posted by MoneyFace88 > 2016-10-31 08:51 | Report Abuse

Hello Calvin, can I meet you for a coffee or beer at Jurong west area this weekend ? I am also living in Jurong.

Posted by alvinchiam > 2016-10-31 08:51 | Report Abuse

sell

Posted by calvintaneng > 2016-11-01 00:03 | Report Abuse

MoneyFace88 Hello Calvin, can I meet you for a coffee or beer at Jurong west area this weekend ? I am also living in Jurong.
31/10/2016 08:51

Yes, will be free after 2pm Sunday in Singapore. Jurong Point wil be nice. See you.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2024-03-07 15:30 | Report Abuse

4.11.2016 MYR 1.16
7.3.2024 MYR 0.39