you are not alone too, i will be with gadang and be with you :)
yup, for me gadang up or down just a paper gain & paper loss, bluefun dy be with Gadang from last Nov 2014, from the south until the north, i just acquire Gadang's share, nvr sell Gadang's share.
Dividend 4 cents or 5 cents is for sure, can go for holiday.
To win big, we need to be more patience and passion, slowly and steady :)
The greatest in investment is not only abt win or lose, but is the advise, opinion, suggestion and experience that our friend giving, thank you very much for bang apini and all of my bro n sister that enlighten my passion in this forum. :)
success is built on many lesson and frustration but no regret, I am sure you can buy a house of you own with very little loan, just stay put at gadang till it is no more our best
@ Brother Apini, Actually, Gadang constitute a very small % of my portfolio... SymLife = 60% GOB = 45% Gadang = 5%
Don't know why the price for both SymLife + GOB never really recover. If think about it logically, both SymLife + GOB has got undervalued landbanks. If they sell those land at market price (instead of developing them but rather just sell them outright), their profit is more or less guaranteed and these EPS from outright sale is more than their current share price.
The profitability of these type of businesses are very transparent.
But don't know why the market does not "reward" these type of counters.
Now, i kena stuck in the market. I only thank GOD that i don't borrow.
And now, i keep on buying Gadang on a monthly basis with leftovers that i have.
to me I do not put too much emphasis on NTA, unless you want to take over the company ,
land value is just book value , can see but can not eat, it is good for the company and directors not us, unless they are willing to share , if not then it is just a reference for future potential value.
many company has good asset value but the share just can't perform, still remember plenitude you have mentioned, with tons of cash but the price hardly move till now
this is what I think but not proven right and bravely put for scrutiny and comment for improved view
the reason for price moves, the company must make good money,good financials records; will attract investors to buy for value-investment,in the process , price adjust higher,shit company with no profit, investors will seek for exit fast ,fast.
abang icon8888.... Rm2 by end of this year is damn slow... should be next month RM2, year end RM 3, next year RM 5.... you see ...compare to mitra RM2, gadang is more higher uptrend..
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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....
tksw
13,004 posts
Posted by tksw > 2015-05-18 18:14 | Report Abuse
gadang pian lang one.