GADANG HOLDINGS BHD

KLSE (MYR): GADANG (9261)

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Last Price

0.34

Today's Change

0.00 (0.00%)

Day's Change

0.335 - 0.34

Trading Volume

730,300


38 people like this.

37,594 comment(s). Last comment by lloydlim 6 days ago

yeekarwai88

3,967 posts

Posted by yeekarwai88 > 2016-03-08 16:44 | Report Abuse

want find some time to KESM counter kacau kacau liao.

tksw

12,988 posts

Posted by tksw > 2016-03-08 16:44 | Report Abuse

191 buy , die die lar

tksw

12,988 posts

Posted by tksw > 2016-03-08 16:45 | Report Abuse

ole-ole, got hng33 sifu come together...

tksw

12,988 posts

Posted by tksw > 2016-03-08 16:47 | Report Abuse

tomolo if drop gau gau then sell other share to hoot Gadang

Posted by stocktrader3 > 2016-03-08 16:49 | Report Abuse

i think that's it for today. i thought gadang is steady and no need my attention, just come here chit chat chit chat....today in battle mode, pheww....jilakak,..sweat ah...

tksw

12,988 posts

Posted by tksw > 2016-03-08 16:57 | Report Abuse

today got a lot of big sifu come in support, drop more, more sifu come out.

tksw

12,988 posts

Posted by tksw > 2016-03-08 16:57 | Report Abuse

broke 203 trigger cut loss, broke 200 semua lari lintang pukang

Posted by Skipz Yang > 2016-03-08 16:59 | Report Abuse

mana tau macam MYEG esok boom balik

tksw

12,988 posts

Posted by tksw > 2016-03-08 17:01 | Report Abuse

icon sifu still not yet come out to give some advice.

yeekarwai88

3,967 posts

Posted by yeekarwai88 > 2016-03-08 17:01 | Report Abuse

wa! 8.8 M volume
history second high!

tksw

12,988 posts

Posted by tksw > 2016-03-08 17:12 | Report Abuse

big player bombed lar, all small kaki die straight straight

Mat Cendana

2,340 posts

Posted by Mat Cendana > 2016-03-08 17:18 | Report Abuse

@stocktrader3 A lot of truth in that. Many things in the stockmarket - no real explanation actually. One can argue this and that is the reason. But when something happens, the immediate thing to do is to respond. Preferably, should already have a basic plan well before that. Like cut-loss points. When things happen, one won't be too confused and panicking. Adjust the previous plan and just do it - sell to cut loss or for a smaller profit, or buy. Or, if the trigger isn't violated, just let it be. Can't win all the time. But during the losing days, the best thing possible is to minimise loss. Lick our wounds, and then come back later on. Because most of the capital is intact.

pussycats

7,640 posts

Posted by pussycats > 2016-03-08 17:49 | Report Abuse

want to cry, also no tears.

pussycats

7,640 posts

Posted by pussycats > 2016-03-08 17:50 | Report Abuse

Cannot fight big brother la. cannot fight big brother la.

kancs3118

2,266 posts

Posted by kancs3118 > 2016-03-08 17:54 | Report Abuse

hey - you all don't potong my quee....i sudah beratur at RM1.80............waiting waiting waiting

kancs3118

2,266 posts

Posted by kancs3118 > 2016-03-08 17:54 | Report Abuse

@ Superman99, congrats to you brother........now, ready to eat second round....huat to you....

kancs3118

2,266 posts

Posted by kancs3118 > 2016-03-08 17:58 | Report Abuse

i think someone is deliberately pressing down the price - if some stupid china company is asking for more money despite claiming to have hundreds of millions in their bank account, then, this can happen. But gadang is sooo bloody cash rich - then only two questions? the cash is fictitious or got more business opportunities coming? Kok Onn is an honest man - so, i don't think he will stoop so low to fraud - report fake cash. I think he wanna expand his empire...

in the words of Kok Onn during the AGM 2015;

We want to bring Gadang to the next level ~!!!!! <from: Tan Sri Dato Kok Onn AGM 2015>

qsentral

25 posts

Posted by qsentral > 2016-03-08 18:15 | Report Abuse

@Mat Cendana Very sensible observation. Today (and perhaps even tomorrow) will see a knee jerk reaction from those who didn't fully understand the announcement (or were forced into selling). Raise funds with no interest exposure in order to finance projects and land acquisitions (which we've all wanted them to do anyway). Plus all of this would need the approval of......you guessed it.....the shareholders. If anything, just buy on dips and wait. Oh....and there's the dividends as well....

bfstay

99 posts

Posted by bfstay > 2016-03-08 18:24 | Report Abuse

Very interested to know who is the new shareholder which will help to bring Gadang into the next level.

kancs3118

2,266 posts

Posted by kancs3118 > 2016-03-08 18:25 | Report Abuse

i think cheaper price is coming our way too...

The reasoning:

Think about it: if you are the person who is funding Gadang, do you want more shares or less shares?? personally, i want more shares - which translates to more dividends, better shareholder representation and ability to participate in future corporate exercises (especially bonus issue~!!!).

Hence, to make up for XYZ funding amount, i will want to have a lower share price and make it up in more shares taken up.

So, what this means for us "ikan bilis"? This means maybe, just maybe - tomorrow - the price will be pressed down even - maybe to RM1.70 to RM1.80, thus giving us a chance to buy more.

Hence, please don't cut my quee, i am queuing up to buy at RM1.80

bfstay

99 posts

Posted by bfstay > 2016-03-08 18:28 | Report Abuse

If a company is hungry for fund, i will jump ship, but looking at Gadang's QR, i think it might not be the money matter.

Think further...

SuperMan 99

1,178 posts

Posted by SuperMan 99 > 2016-03-08 18:41 | Report Abuse

Hi kancs, I bought 1.95 today, which I've queued for about 3 weeks.

I queue at 1.80 & 1.70 also, I don't mind it will go down again in next days, hope I can get more.

That's my style, collect periodically and progressively, safe & conservative, though can't win big but also won't lose pant.

SuperMan 99

1,178 posts

Posted by SuperMan 99 > 2016-03-08 18:48 | Report Abuse

There is price setting regime for Private placement, normally the price is set to have 10% discount to prior 5 days average.

If now 5 days average is RM1.90, then the share price for private placement will be lower, that's RM1.71.

See below extracted from the announcement:
-------------------------------------------------------------
2.2 Basis of determining and justification for the issue price of the Placement Shares

The Placement Shares will be issued based on a discount, if any, of not more than ten percent (10%) to the five (5)-day volume weighted average price (“VWAP”) of Gadang Shares immediately preceding the price-fixing date, to be determined by the Board after obtaining all the relevant approvals for the Proposed Private Placement. In any case, the issue price of the Placement Shares will not be lower than the par value of Gadang Shares of RM1.00 each.

tksw

12,988 posts

Posted by tksw > 2016-03-08 18:49 | Report Abuse

Kok Onn dotterr CFO ler, fake accounts? He wants his dotter lose face or go to jail arr?

force

1,418 posts

Posted by force > 2016-03-08 19:09 | Report Abuse

Hard to say, now got a lot young investor very smart. Possible rebound soon so if can cheap betyer quickly hold it.

yeekarwai88

3,967 posts

Posted by yeekarwai88 > 2016-03-08 19:26 | Report Abuse

Today learn kungfu again.

玩完? A person leave gadang at 1.4,and go to other counter,still shouting?

77huat77

1,782 posts

Posted by 77huat77 > 2016-03-08 19:39 | Report Abuse

So got show of not show ?

Posted by chiahau90 > 2016-03-08 19:42 | Report Abuse

bought 113lots at 1.97. Good or bad decision??? How to post photo in i3 forum? pls teach me

hng33

20,534 posts

Posted by hng33 > 2016-03-08 19:43 | Report Abuse

The indicative private placement share price is at RM 1.88, not far from current market price. Therefore, if today slump is due to private placement, then it could be overdone. In addition, it still need few month time for it to complete placement share, knee jerk impact today will be neutralize with time and current price offer limited downside risk.

force

1,418 posts

Posted by force > 2016-03-08 19:46 | Report Abuse

Accumulate :)

77huat77

1,782 posts

Posted by 77huat77 > 2016-03-08 19:54 | Report Abuse

Chiahau90,force sifu,hg33 sifu mind to get sifu sifu wechat ID ?

kancs3118

2,266 posts

Posted by kancs3118 > 2016-03-08 19:57 | Report Abuse

@ brother Superman 99, you read my mind...yes...that is what I am trying to say ...the price setting regime dictates 10% discount to the average last 5 days prior to the date of share placement. This will work in our favour .

Somebody is purposely presing down the price to achieve the lower 5 days average price. Hence, the institution doing the funding can get it cheaper ....and alloted more shares to achieve the predetermined funding amount. What this means to retailers is that we can catch low prices for these 5 days...maybe at RM1.70 to RM1.80. Hehehe...huat arrrr......

77huat77

1,782 posts

Posted by 77huat77 > 2016-03-08 20:03 | Report Abuse

Kancs3118 what will happen after 5 days

bluefun

643 posts

Posted by bluefun > 2016-03-08 20:08 | Report Abuse

drop more I buy more, hehehe

Private placement only 10% of the number of current share issued

EPS=34cents, let's say diluted by 10% after private placement, EPS=(MYR0.34X0.9)=30.6cents

With PE=10, TP=MYR0.306 X 10 = MYR3.06

Potential upside = 59.38%

Wow, drop more I buy more, kikiki :)

77huat77

1,782 posts

Posted by 77huat77 > 2016-03-08 20:14 | Report Abuse

Gadang was in the hot stock list because of share price up now reverse

yeekarwai88

3,967 posts

Posted by yeekarwai88 > 2016-03-08 20:21 | Report Abuse

Kancs3118
Why depend on these 5days?since the board of director haven't decide take which 5days.
And also 1.88 is based on these 5 days average -10%.

If follow what you said,institutions intended push down the price,average 5days price decrease,then the placement price will be lower lo?( lower average 5days price -10%)

hng33

20,534 posts

Posted by hng33 > 2016-03-08 20:34 | Report Abuse

Hahaha, 5 days!? From what date ? As mention earlier, the private placement need at least few month time before it can complete. Firstly, gadang must submit application to bursa within 1 month from yesterday, then, gadang need to wait for bursa approval for listing new share, take another 2 week. only then, gadang can have board meeting to fixed placement share price based on 5 days average weight volume price after secure approval and can identified taker for 10% placement share, later new share only can be listing in bursa. The whole process take at least 2 month time

moneySIFU

5,863 posts

Posted by moneySIFU > 2016-03-08 20:38 | Report Abuse

I think not many understand how it works, please read again on comments from superman99, kansc3118 & hng33.

Posted by stocktrader3 > 2016-03-08 20:38 | Report Abuse

yalor, i also confuse why it is current 5 days and not next week 5 days or next month 5 days or etc.....

Posted by stocktrader3 > 2016-03-08 20:47 | Report Abuse

@mat cendana, thanks for your response to my comment, which i already deleted because the question that i responded to has been deleted as well.

beside just cut loss, we can also cut loss and buy back. in this case u can stay invested in the good company while escaping crazy market rout. but be prepare to pay some fees if u make the wrong call. just treat it as insurance fee for risk mitigation.

Or just do nothing if u can stand the volatility.

yeekarwai88

3,967 posts

Posted by yeekarwai88 > 2016-03-08 20:47 | Report Abuse

Posted by SuperMan 99 > Mar 8, 2016 06:48 PM | Report Abuse

There is price setting regime for Private placement, normally the price is set to have 10% discount to prior 5 days average.

If now 5 days average is RM1.90, then the share price for private placement will be lower, that's RM1.71.



Understood,mean today reaction is overdo.
But big shark also selling, peliknya.

hng33

20,534 posts

Posted by hng33 > 2016-03-08 20:48 | Report Abuse

The 5 day average volume weight is used to finally fixed the private placement share price. BUT, these 5 days average is NOT court from yesterday......it is only court from the date after gadang secure bursa approval for listing.

As mention earlier, gadang only propose for private placement yesterday, it need to submit these application to bursa within 1 month from yesterday date.....then bursa need to take at least 2 week to approve......gadang then only can used later 5 days weight volume to fixed price...

Remark:.please don offer misleading information here for own selfish interest

2721

2,038 posts

Posted by 2721 > 2016-03-08 20:50 | Report Abuse

May I know who will purchase the placement? Is it major shareholder?

alex88812

294 posts

Posted by alex88812 > 2016-03-08 21:00 | Report Abuse

huh... i no capital dy.... all dy sai lang earlier... =( hope dont drop too much...

Posted by stocktrader3 > 2016-03-08 21:09 | Report Abuse

thanks hng33 sifu for the clarification, i don't know what u said is true or not but at least it is align with my understanding.

77huat77

1,782 posts

Posted by 77huat77 > 2016-03-08 21:19 | Report Abuse

hng33 thanks for explanation

Posted by manutdchampion > 2016-03-08 21:23 | Report Abuse

投資者抗拒附加股‧私下配售成新寵
资料来源 星洲網 大馬 6 天前
(吉隆坡2日訊)市場專家認為,由於傳統附加股計劃普遍受到投資者抗拒,特別是影響機構投資者及基金經理的資產分配,促使上市公司轉向私下配售新股籌措資金。

籌資較快

英特太平洋證券研究主管馮廷秀受詢時指出,私下配售新股給較少投資者,實為上市公司較快籌措資金的管道。

他表示,通常涉及私下配售新股的投資者,主要是大資本銀行、保險公司及信托及退休基金。

他指出,若是通過發行債券籌措資金,這將提高公司的風險程度。反觀私下配售則像發行“免費證券”,而投資者則要付款購買附加股,至於債券日後還是要加以償還。

私下配售新股也不會為現有股東帶來負擔,因它們是在固定數目及價格獻售給一些新的投資者。

他指出,私下配售新股不會開放給現有股東,如是按照比例獻售給現有股東的話,這就變成為附加股了。

私下配售新股計劃的其中缺陷,即是公司要籌措的資金有限,因為它涉及獻售的股票,往往不能超過現有股權的10%。

馬股趨向穩健

他表示,過去3年裡,馬股小資本股項掀起牛市,股價大幅度走高至雙倍、3倍或其至4倍,能夠迅速地籌集龐大的資金。

MIDF投行研究主管蘇基菲韓沙則表示,這股新私下配售新股風潮,顯示馬股趨向穩健。

特別是公司有能力全面配售它們的股票,證明本地股市健全的良好指標。

他指出,雖然全球股市動盪不靖,惟私下配售新股的良好接受率,反映投資者看到所收購股票的價值。

最近進行私下配售新股的公司,包括CAB機構(CAB,7174,主板消費品組)、星辰建築(FAJAR,7047,主板建築組)、長青櫼維板(EVERGRN,5101,主板工業產品組)、砂拉越電纜(SCABLE,5170,主板工業產品組)以及怡嘉控股(ECOFIRS,3557,主板產業組)等。

產業股-怡嘉控股建議私下配售最高1億零708萬股新股,以籌措2千250萬令吉資金,主要充當收購土地及擴展業務用途。

yeekarwai88

3,967 posts

Posted by yeekarwai88 > 2016-03-08 21:32 | Report Abuse

Private placement not sell to existing shareholders.
So this is the reason people sell the shares, and look for discount price(private placement)to buy back again?

lux88

148 posts

Posted by lux88 > 2016-03-08 21:44 | Report Abuse

Cheap can get cheaper, safer way to buy is RM1.92 @ 10% discount = RM1.73

Johnnys

759 posts

Posted by Johnnys > 2016-03-08 21:55 | Report Abuse

1.73!!! okay tomorrow q 1.75 to buy.

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