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 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.
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.
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.
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.
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.
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..
@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)
Unhappy with the roadblock 4772,00 at RM3.00. Probably got to wait until next Friday to break it with a gap up after the first quarter results announcement.
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....
keke
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Posted by keke > 2016-10-14 16:40 | Report Abuse
die liao, close red....