Posted by The One • > 2016-10-14 16:25 | Report Abuse

Most counters are being pushed up today.. but unfortunately looks like Gadang will close in red. Those that have POS or its warrant.. congrats ya!!

Posted by tksw > 2016-10-14 16:26 | Report Abuse

die lor, I laugh the penggoreng, the penggoreng angry liao...

Posted by 8wpwtmt8 > 2016-10-14 16:36 | Report Abuse

Today is T + 3 of last Tuesday OTB buy call.

Posted by The One • > 2016-10-14 16:40 | Report Abuse

Not penggoreng laa sifu tksw.. MMs. Penggoreng is like what happened to KGB today.. many poor greedy anchovies got trapped.. pity indeed !!

Posted by keke > 2016-10-14 16:40 | Report Abuse

ok, 8wpwtmt8, understand now and i have verified that free warrant need to be included in price adjustment calculation. learn something today, yaa hooo......

Posted by keke > 2016-10-14 16:40 | Report Abuse

die liao, close red....

Posted by 8wpwtmt8 > 2016-10-14 16:50 | Report Abuse

Today red never mind. The most important thing is last day before all ex is > RM3.00

Posted by The One • > 2016-10-14 16:58 | Report Abuse

Quite a suprise to see Gadang close only 2 sen red with 2k lots buy queue at 2.98 still intact considering huge no-eye see sell queues today.. hmm

Posted by tksw > 2016-10-14 17:11 | Report Abuse

The One sifu, what is MMs?

Posted by tksw > 2016-10-14 17:12 | Report Abuse

I laugh them half day oni got a little bit 298. nevermind, after all I am not keen to buy so many shares at the current price, big drop oni start sapuing

Posted by Ooi Teik Bee > 2016-10-14 17:26 | Report Abuse

Posted by 8wpwtmt8 > Oct 14, 2016 03:27 PM | Report Abuse

tksw, It can't be calculated yet because we still do not have the warrant exercise price. Assuming it to be RM1.15, then all ex-price = (2 X RM3.00 + RM1.15) / (5 + 1) = RM1.19

Ans : You are very good in counting now.
However, I hope the exercise price is 0.50 (par value) so that free warrant given will limit up at least twice. This will attract long term player to buy more on Gadang before the restructuring exercise of share split, bonus and free warrant.
The worst case for exercise price of warrant is 1.00, it should not > 1.00. This is my opinion only, we need to get confirmation after approval.
Thank you.

Posted by 8wpwtmt8 > 2016-10-14 17:46 | Report Abuse

Haha.... Welcome Mr Ooi Teik Bee.

Posted by 8wpwtmt8 > 2016-10-14 18:23 | Report Abuse

If the warrant exercise price is RM0.50, then all ex-price = (2 X RM3.00 + RM0.50) / (5 + 1) = RM1.08. The free warrant price = RM1.08 - RM0.50 = RM0.58.

Posted by Abismail > 2016-10-14 19:01 | Report Abuse

Tq for sharing

Posted by 8wpwtmt8 > 2016-10-14 23:27 | Report Abuse

1st quarter results will be announced around 27 October 2016. I bet it will be a record net profit and EPS quarter since this GADANG is the Miss Universe share of both Mr Ooi Teik Bee and Mr Koon Yew Yin. Hope it can reach RM3.07 before dividend ex-date of 7 sen per share on 8 November 2016.

Posted by excelyou > 2016-10-14 23:29 | Report Abuse

Would you prefer exercise price of RM1.06. ?
Then Ex Price will be (2 X RM4.50 + RM1.06) / (5+1) = RM0.615

Posted by 8wpwtmt8 > 2016-10-14 23:56 | Report Abuse

Posted by excelyou > Oct 14, 2016 11:29 PM | Report Abuse

Would you prefer exercise price of RM1.06. ?
Then Ex Price will be (2 X RM4.50 + RM1.06) / (5+1) = RM1.68

=======================================================================

Wow GADANG price can reach RM4.50 in one month time meh? I think RM3.10 (after ex dividend 7 sen) is good enough already. Mr Ooi Teik Bee has said that the exercise price of the free warrants cannot exceed RM1.00. He said the lower the better, i.e. between RM0.50 - RM1.00. We will know the exercise price after the EGM on 3 November 2016.

Posted by excelyou > 2016-10-15 00:05 | Report Abuse

Based on the circular, the entitlement date shall be end of November 2016.

I hope it can reach RM4.50 in 40 days. I guess everyone will be happy too.

Posted by 8wpwtmt8 > 2016-10-15 00:40 | Report Abuse

Just hold tightly until the entitlement date: Bonus issues to be listed first followed by free warrants after another 8 market days. Hope your wish of RM4.50 comes true.

Posted by The One • > 2016-10-15 09:32 | Report Abuse

There is.. I repeat.. no reason for sell. P/E still very low. Current price still a bargain. MMs will do their best to push down and to cause panic sell so that accumulation can be done at lower prices. Stay tuned for more good news..

Posted by Patrick13 > 2016-10-15 15:49 | Report Abuse

What is the deadline to entitle the share split, bonus issue &free warrant?

Posted by Abismail > 2016-10-15 16:02 | Report Abuse

After EGM 3 nov the will annount ex-date ....complete end year

Posted by Patrick13 > 2016-10-15 16:07 | Report Abuse

Oh..Means must get approval from EGM.. ok thanks.. btw, I receive the circulars hardcopy but yet to get annual report copy?

Posted by sosfinance > 2016-10-16 11:59 | Report Abuse

@buddyinvest (referred from OCK)
1) Ho Hup provide land (for Pavillion Bukit Jalil), get 18% of GDV
2) Gadang provide land in Johor Tampoi (For a Singapore developer, Hatten Group), get 16.7% of GDV and Gadang don't take the risk of developer.
3) Kwasa Land provide land in Sungai Buloh, get RM165m.

Both Gadang and Ho Hup is for high rise and high density psf. Kwasa Land is landed property, share of GDV for Kwasa Land is likely higher % than Gadang and HoHup.

Gadang is at the moment at Level 2 contractor (based on Kwasa Land criteria), there is a chance in future they become Level 1 contractor when the Shareholders' Fund grow to RM1.0 billion.

However, I think it is conservative to say that the GDV of Kwasa Land (Block 3-1) is more than RM500 million and also depend what risk that Gadang take.

If we take into account (1) existing book order + unbilled sales AND
(2) multiple proposals (3) Kwasa Land and (4) MRT2 (likely), Gadang upside is GREAT (whether "someone" promote it or not. (>30% upside)

imho.

Posted by buddyinvest > 2016-10-16 13:04 | Report Abuse

Thanks SOS. Your reasonings that the RM165mil constituting higher percentage make a lot of sense.

Posted by The One • > 2016-10-16 15:34 | Report Abuse

Thank you for sharing guys !!

Posted by moneyinc > 2016-10-16 18:05 | Report Abuse

tksw,i'm not sifu,i'm just a classic retailer only ~

Posted by 77huat77 > 2016-10-16 19:15 | Report Abuse

Wah all retailer wooorhhhh how much can became retailer

Posted by moneyinc > 2016-10-16 20:16 | Report Abuse

???

Posted by The One • > 2016-10-17 06:00 | Report Abuse

Must be very rich ya.. wow! :D

Posted by Abismail > 2016-10-17 07:52 | Report Abuse

http://www.theedgemarkets.com/my/article/hurdle-gadang-rm304-says-alliancedbs-research

Posted by tksw > 2016-10-17 08:03 | Report Abuse

abimail sifu, the analysts said like that means sell arr?

Posted by tksw > 2016-10-17 09:02 | Report Abuse

kasi jual 500 units at 300.

Posted by tksw > 2016-10-17 09:03 | Report Abuse

I cheap sale, siapa mau bili?

Posted by tksw > 2016-10-17 09:11 | Report Abuse

299 oso sold 500 units. see penggoreng scare or not

Posted by tksw > 2016-10-17 09:17 | Report Abuse

bombed another 500 units 299.

Posted by tksw > 2016-10-17 09:24 | Report Abuse

oiyo, 300 liao, loss die me

Posted by tksw > 2016-10-17 09:30 | Report Abuse

penggporeng no scare me means Gadang wanna pancut liao

Posted by tksw > 2016-10-17 09:32 | Report Abuse

kasi bili 500 units 300

Posted by Abismail > 2016-10-17 09:34 | Report Abuse

Tksw sifu....u beli u jual manasatu ni...kiki

Posted by tksw > 2016-10-17 09:59 | Report Abuse

aiyo！ 298, kena tipu!!!

Posted by tksw > 2016-10-17 10:00 | Report Abuse

Abismail siu, first I see go down, I sell, but later it goes up than I buy la

Posted by tksw > 2016-10-17 10:00 | Report Abuse

got sifu said follow the trend ma

Posted by 8wpwtmt8 > 2016-10-17 10:06 | Report Abuse

Heavy selling pressure on GADANG. Turn red already.

Posted by 8wpwtmt8 > 2016-10-17 10:27 | Report Abuse

21.10.2016 - Budget
27.10.2016 - 1st quarter results
03.11.2016 - EGM
08.11.2016 - Ex dividend 7 sen
? - Ex all for bonus issues and warrants

Posted by The One • > 2016-10-17 11:27 | Report Abuse

Yay.. my screen is green n some flat.. except.. errr.. whats tis.. Gadang.. red.. what the ....!!

Posted by SJSOON > 2016-10-17 11:36 | Report Abuse

Drop drop drop. I have no fear. Those stock operators tests our patience. I wanna say, nah! I am not stupid

Posted by Judgement > 2016-10-17 11:46 | Report Abuse

Yes. This stock tests our patience. No worry. It will be up very soon.

Posted by The One • > 2016-10-17 11:48 | Report Abuse

Kudos!! Do not just base on TA alone as wrote up by that stupid alliancedbs. Hurdle.. what is that?

Posted by huat021 > 2016-10-17 12:06 | Report Abuse

OTB , will you or KYY join gadang AGM on 3/11?