I think it is a good time to buy gadang now anticipating of excellent quater result ahead: contribution from capital 21 (finish piling works), The Vyne residential project in Salak South, joint development with Cyberview Sdn Bhd in Cyberjaya. With its net cash position and reserved earnings, gadang has the ability to bonus issue, split or gv special dividen as well.
Gadang Holdings Berhad ("Gadang") is pleased to announce that its wholly-owned subsidiary, Gadang Engineering (M) Sdn Bhd had on 21 October 2015 accepted the Letter of Award ("LOA") dated 20 October 2015 from PRPC Utilities and Facilities Sdn. Bhd., a subsidiary under the PETRONAS Group, to undertake a project known as "UTILITIES, INTERCONNECTING, OFFSITE (UIO) FACILITIES: PROCUREMENT, CONSTRUCTION AND COMMISSIONING (PCC) OF CIVIL & INFRASTRUCTURE WORKS AT INTERCONNECTING SLEEPERS AND UTILITIES AREA 2 (PACKAGE 14-0301)" at Pengerang, Johor, for a total contract sum of RM375.13 million ("the Contract").
The Contract will commence from the date of the LOA with a contract period of thirty one (31) months.
The Contract is expected to contribute positively to the earnings of Gadang Group for the financial year ending 31 May 2016 onwards.
None of the directors or major shareholders of Gadang or persons connected with them has any interest, whether direct or indirect in the Contract.
This is a long waited news I share your excitement The future earning of gadang is safe at at least for the coming 2 years Market should be fair to us Only thing we must have the patience to wait for our turn
Gadang Holdings Berhad ("Gadang") is pleased to announce that its wholly-owned subsidiary, Gadang Engineering (M) Sdn Bhd had on 21 October 2015 accepted the Letter of Award ("LOA") dated 20 October 2015 from PRPC Utilities and Facilities Sdn. Bhd., a subsidiary under the PETRONAS Group, to undertake a project known as "UTILITIES, INTERCONNECTING, OFFSITE (UIO) FACILITIES: PROCUREMENT, CONSTRUCTION AND COMMISSIONING (PCC) OF CIVIL & INFRASTRUCTURE WORKS AT INTERCONNECTING SLEEPERS AND UTILITIES AREA 2 (PACKAGE 14-0301)" at Pengerang, Johor, for a total contract sum of RM375.13 million ("the Contract").
The Contract will commence from the date of the LOA with a contract period of thirty one (31) months.
The Contract is expected to contribute positively to the earnings of Gadang Group for the financial year ending 31 May 2016 onwards.
None of the directors or major shareholders of Gadang or persons connected with them has any interest, whether direct or indirect in the Contract.
You actually also know gadang is a good buy. Can go to 3.00 or more . corporate movements , like bonus and free warrant then splitting will be announced soon , like matrix and vs. Now is the trend of listed companies sapu money. You know it very well, don't you? Next week will be the 1Q2016, expected to meet the expectation of most analysts of eps not less than 8 sen Do not be blinded by you own dislike of icon and opt to sing different song from most of the investors here.they are not newbies, they have done their homework. They can judge what we said make sense or not. You are actually smart . Isn't it foolis to prove other is wrong just to show we are smart. I am sincere, no ill intentions Of course I am not scare gadang will drop on Monday. I want to buy more , I still have not bought enough True friends and your love ones always talk alike
Last time I not sure how gadang can be propelled to 2.50 (let's say)
But recently after seeing Pohuat corporate exercise, I have better feel
Very likely Gadang will do a split or bonus together with free warrants
The current warrants had expired, Gadang will be happy to give out free ones so that cash can roll in in five years time
Why do I think they wish to have more cash ? Because during AGM, Tan Sri said that it is important for construction company to have sufficient working capital. That would be the advantage when bidding for jobs (he was trying to explain why he is not keen to do a big payout by using Capital 21 cash proceeds)
So everybody sit tight, I believe in 2016, Gadang will announce share split (or bonus) and give out free warrants
Of course, this is just my speculation. Don't blame me if doesn't materialize
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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....
YOLOOOO
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Posted by YOLOOOO > 2015-10-22 15:32 | Report Abuse
last kali also play like this, 10% gain in few days, not bad