GADANG HOLDINGS BHD

KLSE (MYR): GADANG (9261)

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Last Price

0.33

Today's Change

-0.005 (1.49%)

Day's Change

0.325 - 0.34

Trading Volume

1,327,200


38 people like this.

37,602 comment(s). Last comment by lloydlim 1 week ago

tksw

12,976 posts

Posted by tksw > 2016-10-07 14:54 | Report Abuse

ole-ole, got big seller support me

tksw

12,976 posts

Posted by tksw > 2016-10-07 14:58 | Report Abuse

hehehe, itu buyers start lari-ing liao

Posted by cresbinvest > 2016-10-07 15:03 | Report Abuse

selling pressure still high

Posted by Mohd Fahmi Bin Jaes > 2016-10-07 15:04 |

Post removed.Why?

tksw

12,976 posts

Posted by tksw > 2016-10-07 15:04 | Report Abuse

cresbinvest sifu, of course la, I am selling ma...

tksw

12,976 posts

Posted by tksw > 2016-10-07 15:05 | Report Abuse

now adding some more pressure, selling 2000 units at 286. not scare die, come and buy

Abismail

651 posts

Posted by Abismail > 2016-10-07 15:06 | Report Abuse

Tksw sifu joint pengoreng

tksw

12,976 posts

Posted by tksw > 2016-10-07 15:06 | Report Abuse

OO, Fahmi sifu said run, die liao, I dunno still wanna sell or not...

tksw

12,976 posts

Posted by tksw > 2016-10-07 15:22 | Report Abuse

got sifu said, kenot beat them, join them ma

The One •

2,949 posts

Posted by The One • > 2016-10-07 15:25 | Report Abuse

I think the insiders want people to believe all the proposals will be rejected in the coming EGM.. and the dividend too will be recalled. Hmm.. sad indeed..

Abismail

651 posts

Posted by Abismail > 2016-10-07 15:25 | Report Abuse

Many buyer parking.....tksw sifu sell at 285 la

tksw

12,976 posts

Posted by tksw > 2016-10-07 15:26 | Report Abuse

penggoreng now scared wrongly buy my shares

The One •

2,949 posts

Posted by The One • > 2016-10-07 15:26 | Report Abuse

Buyers and sellers same gang laa..

Abismail

651 posts

Posted by Abismail > 2016-10-07 15:29 | Report Abuse

The one sifu...this syndicate ka...
.

tksw

12,976 posts

Posted by tksw > 2016-10-07 15:36 | Report Abuse

hohoho, itu sell Q from 287 to 289 reduce liao, wanna to sell cheaper liao, ask you scare or not...

Chrishau

66 posts

Posted by Chrishau > 2016-10-07 15:48 | Report Abuse

Gkent is much better than Gadang

tksw

12,976 posts

Posted by tksw > 2016-10-07 15:49 | Report Abuse

kakaka, lagi bili, lagi manyak 286 keluar

tksw

12,976 posts

Posted by tksw > 2016-10-07 16:08 | Report Abuse

2000 units 286 sold, I parked another 100 units tekan again

tksw

12,976 posts

Posted by tksw > 2016-10-07 16:12 | Report Abuse

285 kena bombed liao, hehehe

tksw

12,976 posts

Posted by tksw > 2016-10-07 16:15 | Report Abuse

kakaka, lali lintang pukang

tksw

12,976 posts

Posted by tksw > 2016-10-07 16:23 | Report Abuse

ready to buy back liao

tksw

12,976 posts

Posted by tksw > 2016-10-07 16:23 | Report Abuse

deng 285, mali mali jual sama saya

tksw

12,976 posts

Posted by tksw > 2016-10-07 16:25 | Report Abuse

leave some money to deng 284

tksw

12,976 posts

Posted by tksw > 2016-10-07 16:26 | Report Abuse

ole-ole, bot 285

tksw

12,976 posts

Posted by tksw > 2016-10-07 16:27 | Report Abuse

today close 289, please

tksw

12,976 posts

Posted by tksw > 2016-10-07 16:30 | Report Abuse

buy, buy, buy, dun miss the boat

tksw

12,976 posts

Posted by tksw > 2016-10-07 16:30 | Report Abuse

sellers fatigue liao

tksw

12,976 posts

Posted by tksw > 2016-10-07 16:35 | Report Abuse

I help the sellers the whole day oso kenot down, now I turn back firing them

mamatede

3,950 posts

Posted by mamatede > 2016-10-07 16:35 | Report Abuse

eh im queing to buy more, im excited on the prospect for gadang..

The One •

2,949 posts

Posted by The One • > 2016-10-07 16:47 | Report Abuse

See yer all at 1.80 ya..

The One •

2,949 posts

Posted by The One • > 2016-10-07 16:49 | Report Abuse

... after the div n completion of the exercise. :)

tksw

12,976 posts

Posted by tksw > 2016-10-07 16:54 | Report Abuse

sei for, closed 284 wor. week end kenot sleep areidi, like that

tksw

12,976 posts

Posted by tksw > 2016-10-07 16:55 | Report Abuse

lurky FLB up 6 sens

The One •

2,949 posts

Posted by The One • > 2016-10-07 16:59 | Report Abuse

Pushed down 2 sen and then waiting to buy at 2.84. Nobody selling laa.. stupid MMs !!

mamatede

3,950 posts

Posted by mamatede > 2016-10-07 17:44 | Report Abuse

Tksw keep your comic transaction to yourself ba, no need everything also update... open twitter account better

J2529

379 posts

Posted by J2529 > 2016-10-07 17:47 | Report Abuse

because no one talk to him in real

Abismail

651 posts

Posted by Abismail > 2016-10-07 19:08 | Report Abuse

Syok2 ma

The One •

2,949 posts

Posted by The One • > 2016-10-07 21:56 | Report Abuse

Let him be laa.. maybe he just wanna release tension.. haa

tksw

12,976 posts

Posted by tksw > 2016-10-07 22:58 | Report Abuse

The One sifu, veli sien la, this few weeks, market no strength, no up no down.

HuatRex

2,617 posts

Posted by HuatRex > 2016-10-07 23:28 | Report Abuse

Tksw, u r vr noisy, like an old aunty

77huat77

1,782 posts

Posted by 77huat77 > 2016-10-08 11:19 | Report Abuse

I scare Gadang haven't split already collapse

sosfinance

1,305 posts

Posted by sosfinance > 2016-10-08 11:20 | Report Abuse

Capital City 21 - Was informed that there are about RM140-150m not recognised yet.
They also have, Cyberjaya/Semenyih.

Construction order book RM656m, excluding Kwasa Land, estimated RM500-550m.

Plantation, about 5,200 ha, mature in 2-3 years time, market benchmark EV is RM40,000 per ha for small plantation, big plantation company enjoy RM60,000 - RM100,000 per ha. After all, Gadang has 90 years lease.

There are people who are willing to pay RM250m to RM300m for a mature plantation in Sabah with good yield and OER.

Of course, more projects, is in the pipeline, MRT2 etc.

Mini-Hydro in FY19.

Water concession, expanding from 3 to 4 concessionaires. No debt on water concessionaires. Provide stable and reasonable cash flow.

If we have time to research and add it up, you will see the value is higher than the price, and it takes a few years to materialise.

tksw

12,976 posts

Posted by tksw > 2016-10-08 14:08 | Report Abuse

HuatRex sifu, U no give me tipsy, I no money, so can just tok. full can no noise ma. I empty can, kong kong kong

didi2005

302 posts

Posted by didi2005 > 2016-10-08 15:22 | Report Abuse

tksw sifu dont talk lo, next week help push up the price ~~~

Abismail

651 posts

Posted by Abismail > 2016-10-08 16:12 | Report Abuse

Tksw sifu...sell house sell car sell all put in gadang...kiki

newbie92

418 posts

Posted by newbie92 > 2016-10-08 16:27 | Report Abuse

Gkent boss never sell his share, share keeps going up.
Gadang boss sell, so price cant up, common sense.

Ooi Teik Bee

11,668 posts

Posted by Ooi Teik Bee > 2016-10-08 16:35 | Report Abuse

Selling share or not, no one knows except himself.

When a placement is done below market price, is the owner selling so cheap ? It can be a small amount of shares are sold to a syndicate at a cheaper price to push up the price later. You and I will not know the actual intention.

We must not care so much on this type of news, the most important we must know whether it is a good FA stock.
To me, both TA and FA are good, just buy and hold.

Thank you.

sosfinance

1,305 posts

Posted by sosfinance > 2016-10-08 17:57 | Report Abuse

If the company do not have effective usage for expansion that gave a ROE of say >10%, for a period of time, it is wise to return the money to its shareholders.

However, if a company trying to grow the company to a higher level, say, from an average RM80m p.a. profit last 3 years to RM120m p.a. average over the next 3 years, and gave an ROE of 12%, I rather the company not pay a single sen of dividend.

Furthermore, Gadang is expanding into capital intensive project, plantation (was told no gearing), water concessionaires (already pay down most of it), hydro power plan, on going, need cash injection before inflow comes in.

So, the company need to grow from class B to class A contractor, it needs to build up its shareholders funds. Some tenders, depend on size, need a minimum amount of SF. So, overtime, you have to build it up.

As long as the cash are used wisely, giving an ROE of double digit, I think, it is better, because, this will ultimately turn into capital gain.

For dividend yield stocks, normally we go for consumer, or certain telco that can give consistent cash flow. Normally construction and property company don't give very high dividend yield, especially if they are growing their assets. Gadang is gradually putting more money into stable and sustainable earnings biz like water concessionaires, plantation, and power plant.

Look at IJM Corp, market cap it RM12 billion, and Gadang is only RM750m, Gadang has much much more to grow. Isn't it?

sosfinance

1,305 posts

Posted by sosfinance > 2016-10-08 18:28 | Report Abuse

Look at IJM Corp Annual Report 2015, 1986 to 2016, its market cap grow from RM66m to RM12.5 billion in 30 years.

However, if you look at IJM Corp fro 2006 to 2016, it grows from about RM9.3 billion to RM12.5 billion (disregard one off dip in 2009 to RM2.7b, those who bought it at 2009 will be laughing to the bank now)

If your dad just buy RM10,000 of IJM shares for you 30 years ago, today you will get RM1.9 million. So, perhaps, you want to give Gadang to your grandson? Not a bad idea.

IJM Corp today has Property, Construction, Infrastructure, Industry and Plantation. Looks similar to Gadang. So after all, seems easy to be a millionaire right. I don't believe they give much dividend. Based on last 5 years DY is about 2% p.a.

sosfinance

1,305 posts

Posted by sosfinance > 2016-10-08 18:51 | Report Abuse

Similarly, Gamuda grow from RM5.6b to RM11.74b from 2006 to 2016 today. Gamuda ROE is about 9-12%, while IJM is about 6-9%. Gamuda also has Construction (include Engineering), Property and Infrastructure Concessionaire.

If you put them side by side, IJM, Gamuda and Gadang, they all move into Infrastructure/Concessionaraire and Plantation while keeping their core with Construction/Engineering and Property. Gamuda Infrastructure Concessionares is contributing 44% in term of PBT.

So, lets us have a healthy body and a strong mind to keep Gadang for say another 10-20 years, if they can grow into the size of Gamuda or IJM Corp. Of course, the growth will slowed once they reach about RM4-5 billion. Your grandkids will thank you for that.

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