Posted by Bruce88 > 2016-10-29 08:13 | Report Abuse

It is quite similar to AirAsia's fall earlier. Thus $2.79 is an important support for Gadang going forward.

Posted by pisanggoreng > 2016-10-29 10:03 | Report Abuse

if you are focusing on the price

you have many sleepless night

if you are focusing on the fundamental

you have no nightmare

conclusion:

it is your investing attitude that determines the outcome of your investment

Posted by Lyo82 > 2016-10-29 10:21 | Report Abuse

Agree with pisanggoreng.

Posted by Jian Bin Siew > 2016-10-29 11:35 | Report Abuse

Do you think Gadang earning can sustain 7.5 sen per quarter? If yes, then maybe it is worth RM3. Else, I think now is a fair price for Gadang.

Posted by shortinvestor77 > 2016-10-29 17:14 | Report Abuse

Don't think. Like Calvin said, anything above RM2 for this Gadang must sell. Its price cannot be supported by its annual div. If retail investors don't sell, big players/syndycates will sell first. Over RM2 is overpriced obviously, jack up by big players/syndycates no doubt.

Posted by sosseres > 2016-12-09 01:56 | Report Abuse

Market will tell us whether true or false.

Posted by sosseres > 2016-12-09 01:57 | Report Abuse

I'm wondering what is the price should be if I revert back to the price before adjustment?