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.

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.

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?

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.

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.

Posted by ahjib88 > 2016-10-08 18:58 | Report Abuse

Sosfinance,what your average ROI per annum?

Posted by Ooi Teik Bee > 2016-10-08 22:35 | Report Abuse

sosfinance,

Very good reports. I like them. Very informative.
Thank you.

Posted by The One • > 2016-10-08 23:14 | Report Abuse

Thanks for opinions and info sharing guys !!

Posted by Abismail > 2016-10-09 00:23 | Report Abuse

Tq for sharing sosfinance

Posted by batman11 > 2016-10-09 22:11 | Report Abuse

GENERAL MEETINGS: Notice of Meeting

GADANG HOLDINGS BHD

Type of Meeting Extraordinary General Meeting
Indicator Notice of Meeting
Description
(i) Proposed Share Split;
(ii) Proposed Bonus Issue of Shares;
(iii) Proposed Bonus Issue of Warrants;
(iv) Proposed ESOS;
(v) Proposed Increase in Authorised Share Capital; and
(vi) Proposed Amendments
Date of Meeting 03 Nov 2016
Time 11:30 AM
Venue Ballroom 1, First Floor
Sime Darby Convention Centre
1A Jalan Bukit Kiara 1
60000 Kuala Lumpur
Date of General Meeting Record of Depositors 27 Oct 2016

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

sosfiinance sifu, you're my sifu!!!

Posted by Abismail > 2016-10-10 09:10 | Report Abuse

Pengoreng x datang lg...support la sikit

Posted by The One • > 2016-10-10 09:38 | Report Abuse

Me opine.. if no blockage from MMs today.. Gadang may break 2.90 soon..

Posted by tksw > 2016-10-10 09:56 | Report Abuse

The One sifu, said early ma, I sold 287-288 already, loss die me, like that

Posted by tksw > 2016-10-10 09:57 | Report Abuse

sold some FLB oso, ada untung cepat ambit

Posted by tksw > 2016-10-10 09:58 | Report Abuse

ole-ole, mitra gogogo

Posted by tksw > 2016-10-10 10:19 | Report Abuse

oiyo,Gadang 289, telan my sell Q, loss die me

Posted by tksw > 2016-10-10 10:21 | Report Abuse

today gonna teach penggoreng Gadang a lesson... dun ever press down the price...

Posted by tksw > 2016-10-10 10:24 | Report Abuse

waa...Gadang shareholders, got superman sifu, now batman oso come, later dunno whether spiderman will join or not?

Posted by Abismail > 2016-10-10 10:24 | Report Abuse

Wa tksw sifu not join them...

Posted by tksw > 2016-10-10 10:28 | Report Abuse

Abismail sifu, I am selling Gadang now

Posted by The One • > 2016-10-10 10:33 | Report Abuse

Sifu tksw.. why wanna sell 1.5k lots at 2.89.. let it ride ya.. no reason for sell laa..

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

The One sifu, when I think I wanna buy, I sell, When I think I wanna sell, I buy.

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

do the opposite can make money

Posted by tksw > 2016-10-10 10:37 | Report Abuse

cos penggoreng Gadang veli naughty, always do opposite

Posted by The One • > 2016-10-10 10:37 | Report Abuse

Errr.. hmm.. no understand.. lol

Posted by mamatede > 2016-10-10 10:39 | Report Abuse

people like tksw help makes Bursa earnings up up up..

Posted by tksw > 2016-10-10 10:42 | Report Abuse

Gadang is playing ding-dong now, FLB may serve fish head mi-hoon

Posted by tksw > 2016-10-10 10:44 | Report Abuse

if the fish head mi-hoon cook sucessfully, and become popular, I may enjoy steam fish body... yammy, yammy

Posted by mamatede > 2016-10-10 10:46 | Report Abuse

I hope FLB not another push and dump due to forex play... demand is weak for board.. tho fed rates are highly likely to rise this year. Still remember once FLB price soar to rm3.. only to have it down till nobody can recognize ..

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

mamatede sifu, FLB cash cow la, dun scare

Posted by mamatede > 2016-10-10 10:49 | Report Abuse

Why not scare, FLB depend on wood only.. if no wood cut.. cut grass oh

Posted by tksw > 2016-10-10 10:50 | Report Abuse

milky, milky, a lot of ppl underestimate its milk...

Posted by tksw > 2016-10-10 10:50 | Report Abuse

Penggoreng Gadang is forced to telan my 290 sell Q liao, kakaka

Posted by tksw > 2016-10-10 10:51 | Report Abuse

last Friday they help me to sapu at 285

Posted by tksw > 2016-10-10 10:52 | Report Abuse

today I sell all the way up...

Posted by Abismail > 2016-10-10 10:52 | Report Abuse

Waa...veli kaya tksw sifu

Posted by tksw > 2016-10-10 10:52 | Report Abuse

warrant bufei sifu teach me buy when scare, sell when happy

Posted by tksw > 2016-10-10 10:53 | Report Abuse

ole-ole 290 sold, now waiting 291

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

mali-mali penggoreng, show me da money

Posted by The One • > 2016-10-10 10:57 | Report Abuse

Gadang is not a "gorenged counter" laa. Its P/E is still very low with div coming and exercises soon. Hopefully accumulation has been completed. Break 2.90 and next may reach 2.95 today..

Posted by Abismail > 2016-10-10 10:58 | Report Abuse

Buyer sudah datang

Posted by nocindycat > 2016-10-10 11:02 | Report Abuse

gadang - MRT 2 is comingggg

Posted by tksw > 2016-10-10 11:13 | Report Abuse

The One sifu, seifor lor like that, I already sold, how now?

Posted by tksw > 2016-10-10 11:14 | Report Abuse

77huat sifu, please come out parked big lots to sell, help to press the price down for me to buy back.

Posted by tksw > 2016-10-10 11:15 | Report Abuse

oiyo, tok,tok,tok, my 291 sell Q oso kena telan liao

Posted by tksw > 2016-10-10 11:16 | Report Abuse

those kena press away last week must be beat heart beat lungs now, lurky I deng back at 285

Posted by tksw > 2016-10-10 11:18 | Report Abuse

oiyo, Gadang overtake FLB today wor

Posted by tksw > 2016-10-10 11:18 | Report Abuse

telan my 292,

Posted by Abismail > 2016-10-10 11:19 | Report Abuse

Waa...today pengoreng support la...