I don't know your English not good or I got understanding problem 19 of April is fixed price meant date which is 1.85 so there is no more cheaper price than this. They is another case if shark press down the price for other purpose and not to get cheaper cheaper again!!
I know the price already fixed. Today they push down the price just want to make people confused only. So any correction should be got chance to buy in.
This makes me think of Tropicana three years ago when it proposed PP at 1.80++ which was much lower than 2.30 ++ the market price. Soon, it dropped sharply to 1.50 and never went back to 2.00++. Using a Chinese saying: 这些管理层不是脑进水,就是脑生草,或脑子被驴踢。真是个二货!
If the management believes that the company is a undervalued gem, how can they pretend not seeing the price change. And, some more come up with PP when the price is not attractive at all. Always remember, public listed management oughts to maximize the value of the company to shareholders. Do not ever give me that innocent statement that price is determined by market. We management don't know.
Though I doubt Gadang will become as what Tropicana has now, but the real fact was that Gadang PP had impacted the buying mood of the investors, it is undeniable.
When it was a right to conduct PP, they did not. Now, when someone deliverately pressed down the price, they said they would like to raise fund through PP to expand property segment. This statement is illogical and plausibly convincing. All in all,the management does not do their homework well.
Your argument is partially correct. Airasia PP was set at market price by which it signals the company's substantial shareholder is very confident and optimistic about the business prospect. However this is mot the case in Gadang.
Superman sifu but tony steady,he bought his own share at current price 1.84 and react faster than gadang. What sjsoon said is totally correct! I remember last time when gadang up to 2.2 or 2.4 she said still undervalue. Now how much is the pp price. 真的是自相矛盾
But can't deny airasia got high value of goodwill,international brand so it can easily promote and push up. But in gadang case,I don't think they can do it so easily
That's why what I would like to say Gadang management did not find a right time to conduct PP. Yes, I agree with you Gadang is not as reputable and branded as Airasia. This leads to discount.
When it was at 0.90, i bought a lot. I have been loving Gadang for almost 3 years. Now I feel very dissappointex when thr management comes up with such funding decision.
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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....
Mar Yung Chern
177 posts
Posted by Mar Yung Chern > 2016-04-19 17:02 | Report Abuse
when is the adjusted day?