why OTB didnt say anything abt Gadang today? must be busy monitoring the stocks or monitoring commentators at i3 by clickign " Report Abuse" on his critics.
Posted by keke > Oct 28, 2016 10:22 AM | Report Abuse
itu joker calvin asked people to throw gadang share when it was rm1.30.
Calvin replies:
So I warned people about Gadang at Rm1.30. Yet Gadang still go up to a high of Rm3.38.
So Calvin is wrong?
I don't think so if from the point of value and MOS (Margin of safety). I warned about Gadang Because of these 2
1) Gadang's Capital City 21 is located in a less than desirable place. And there are better competing Malls in JB like SouthKey Mega Mall.
2) Gadang's job in Pengerang won't give very high profit as the housing & labor cost there is prohibitive. The rent for housing in Pengerang is 4x more than anywhere else in Johor
So I don't see the hooha then. And I don't see the hooha now that things are getting clearer and clearer.
What is the intrinsic value of Gadang? That is the most vital question. Selling from one fool to greater fool and then to the greatest fool at Rm3.38 is not in my vocab.
Like this:
If I tell you the stock in your hand contains a time bomb. So what? You managed to sell the stock (time bomb) from say, Rm130 to someone else at Rm2.00.
And that someone else sold it to another party for Rm2.50. Then changed hand again at Rm3.00 & nothing happened. So am I wrong?
No. The last poor fella who paid Rm380 for the time bomb got it exploded in his hand and suffer death and injury!
So all who made from Rm1.30 to Rm2.00 to Rm2.50 to Rm3.00
And the luckiest gambler who sold Gadang at RM3.38 thinks Calvin is wrong?
I don't think so at all.
Last round Calvin warned about IFCA at 70 cts. IFCA crossed Rm1.00 and many laughed at me. Then IFCA touched Rm1.50 and they laughed and laughed at Calvin.
In fact Nancytang bought another 300,000 shares of IFCA at the lofty peak of Rm1.50. And chased it near Rm1.80
buy sell a share need to concern too much on people comment as we also dont know the person well. their intention might be good also can be very black hearted. most importantly we have our own strategy. buy sell is our own problem. need not to justify to anyone. if we dont do our homework then mostly will listen to other and end up in holland.
like this.....if in 2012, i screamed to the whole world and said that stock market will crash soon, and it is a time bomb, throw all your share now, am I wrong?
who doesn't know one day for sure stock market will reset? but am i right to scream that statement during 2011?
- too dependable on government contracts eg RAPID MRT2....government is poor now and lack of funds, and the way they deal with big projects are that they are slow in imbursing funds upon completion of projects and likes to find ways to get more discount from the developers. Eg RM 200million project, they will give u total amount of about RM 180-190million only, that also be given after 1-1.5 years after completion of project. I deal with government projects. I know how they work.
- extensive contributions from properties sectors which are slow currently
Nothing new come from Construction & Property Division, so the most you can see is in one year, further than that, nothing. Still many people including uncle uncle auntie auntie are blindly following market news.
Oh, market news said something big is coming, yeah, insider cash out also buta buta didn't see. Nevermind, a famous uncle is here, if die, he will die first, so many shares to sell, who want to buy from him.
Famous uncle: nevermind, so many uncle-uncle & auntie-auntie are in market, they will buy from me, I will never die. At best, I can announce 3 months after sale, what so big deal?
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....
Abismail
651 posts
Posted by Abismail > 2016-10-28 10:27 | Report Abuse
Kyy also release educate artical