Danny tan: why don't you say KLCI will drop from 1600 to 100? MYR vs USD drop to 1:1 tomorrow? Your prediction is unsubstantiated and not convincing at all.
People buy Suncon, Mitra, Gamuda etc since they are always in the brokerage firms and media radar. Gadang's Kok Onn does not buy this. He does not need writer to promotoe his company. Hos results justify everything.
Been holding Gadang for quite some time now. I'm just afraid that this will only be a one day show.
This dannytansionkee lost so much in the market, it turns him into this. I need to learn not to be like this. Will diversify my holdings more. Luckily I don't follow people blindly.
Those who sold because they lacked confidence. They were influenced by next week FOMC meeting. Those who bought because of upcoming MRT2.0 contract award and quarterly report. This point of time is very complicating.
I think Gadang share price still can sustainable for a long time because 3 quarter results already exceeded than last whole year, which is very strong fundamental base. If Gadang could distribute a better dividend rate, it should getting more minority shareholders.
@SJSOON, you are likely to be right. However, I don't think they will be giving too much dividend as they would want to use their proceed for future projects.
@Jester: As the Board said they intended to give out 20% of EPS. Suppose diluted EPS is 0.36, the dividend payout will be 0.07 which marks a dividend growth. To long-term investor like me, this is very well done.
Of course, Gadang so far does not have dividend policy. However, since FY 2016 is another record year, there is no reason why they do not rewards investors with dividend.
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....
77huat77
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Posted by 77huat77 > 2016-06-07 09:46 | Report Abuse
Night is still young