market sentiment is very weak - mainly due to 1MDB, low world oil price, political instability, USA market data is improving, weak economy....hence, weak share price... use this opportunity to buy more .....prepare for the upturn
Apini, would like to share my thoughts. If we uphold OTB's yardsticks, Gadang has no place in our portfolio, see below:
1. EPS growth >10%, Yes (growth stock) 2. PE<10, Yes (undervalued, PE worked out on TTM & near future earnings) 3. Prospect? No. Investors avoid construction/property for near & mid terms. More houses are being built, mortgages restricted, .
I have only 1 property counter , that is matrix concept, I am holding this counter since it was listed, everybody was talking property counter is hopeless, but in reality, it would be most foolish if I have sold this counter.
better leave the business to the management, they know better than us, they have more shares than us , they should have worried more than us, we can stay or leave anytime but is based on their performance
so far so good, we do not see any construction company better than gadang, so I am willing to hold tight, later I may shift my ptaras to gadang if gadang can pay as good dividend as ptaras
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soonhuat_81
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Posted by soonhuat_81 > 2015-05-28 15:46 | Report Abuse
cross trade 479,220.00 shares. @1.47, what does this mean?