GADANG HOLDINGS BHD

KLSE (MYR): GADANG (9261)

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Last Price

0.33

Today's Change

+0.005 (1.54%)

Day's Change

0.325 - 0.335

Trading Volume

731,500


38 people like this.

37,594 comment(s). Last comment by lloydlim 1 week ago

Posted by limputong88 > 2014-05-02 16:52 | Report Abuse

Rangebound for a while la.

Posted by wongchowsang > 2014-05-02 17:00 | Report Abuse

RM1.68 coming

Posted by Beginner1989 > 2014-05-02 18:51 | Report Abuse

Don't being fooled by the price dropping.. see the results please.. it will good up in the long run.

Investhor

538 posts

Posted by Investhor > 2014-05-02 19:16 | Report Abuse

Short term profit taking maa..after this will start rebound and rally again..be patient and collect more..

SJSOON

2,579 posts

Posted by SJSOON > 2014-05-02 19:27 | Report Abuse

Kok Onn buys some more shares at 1.73 two days ago. What did that imply? He had to know something good about the company is coming. Hold!

Icon8888

18,659 posts

Posted by Icon8888 > 2014-05-02 19:29 | Report Abuse

i dont want to look at it. Throw one side and come back next quarter to check on the results.

Scare itchy finger go and press sell button

this stock can potentially go > RM3

SJSOON

2,579 posts

Posted by SJSOON > 2014-05-02 19:51 | Report Abuse

@optimusx: do you really think that I am an ordinary investor who simply follows the so-called "banker" in the stock market? I can't read Kok Onn's mind. But, based on fundamental and technical correction of about 10%, I feel good to enter now. Am I wrong and misleading others?

OptimusX

301 posts

Posted by OptimusX > 2014-05-02 19:53 | Report Abuse

sjsoon i donno u la. i m just commenting on your post. i have no time to study your background. but i know kok onn since 1999. i have a house few doors away from his.
i never said u wrong or misleading.

SJSOON

2,579 posts

Posted by SJSOON > 2014-05-02 19:55 | Report Abuse

Personally, I think director's additional purchase of shares is a good sign that shows his confidence about the company's prospect. The change of shareholding of Kok Onn records 0.77% from January to April? Isn't the change significantly large enough to imply something behind?

Icon8888

18,659 posts

Posted by Icon8888 > 2014-05-02 20:06 | Report Abuse

optimus I didn't know you are that senior. I thought you are early to mid twenties

can't blame me. Yo always monkey around, wakakaka

OptimusX

301 posts

Posted by OptimusX > 2014-05-02 20:08 | Report Abuse

icon. hahaha.

SJSOON

2,579 posts

Posted by SJSOON > 2014-05-02 20:21 | Report Abuse

Yo..yo..yo OptimusX "monkey" around..wakaka.

jerome88

20 posts

Posted by jerome88 > 2014-05-02 20:24 |

Post removed.Why?

OptimusX

301 posts

Posted by OptimusX > 2014-05-02 20:28 |

Post removed.Why?

Posted by limputong88 > 2014-05-03 00:40 | Report Abuse

Optimus sold gadang n invested in ecoworld. Now he is stuck there. Let him handle fortunebull in their interesting argument...

gohcheehoh

578 posts

Posted by gohcheehoh > 2014-05-03 00:46 | Report Abuse

With d rev n profit trending, gadang will not settle down at this price. Rm 2.5 will be no issue and rm 3 is stretch. Will have 6 more months to run before start to settle down.

akmal_rf

125 posts

Posted by akmal_rf > 2014-05-03 06:35 | Report Abuse

GADANG is indeed an undervalued gem with positive growth potential. The company’s management has strategically transformed it to be an all-rounded player by vigorously expanding its existing businesses to segments other than construction that once was its primary source of income. Nowadays, GADANG has thriven to be an outstanding performer with good track records and sound fundamental. The recent optimistic recommendation made by those brokerage houses has led to the stock price hike of this counter. Given the surprisingly high fair price valuation (beyond RM 2.00), it has attracted and raised market participants’ concerns, particularly those value investors, about the company’s tremendous positive growth prospect. Of course, the sudden substantial price surge from RM 1.10++ to RM 1.96 in April could be attributed to the short-term speculation hype on this counter. After the minor correction triggered in last Monday, it is believed that GADANG would enter a consolidating phase and wait for new catalysts to boost the stock price then.

By adopting the Discounted Free Cash Flow (FCF) Model, with the assumption that the expected overall revenue growth rates would have recorded 32.00% (which is based on the CAGR projection estimated by the company management) for the next three financial years, namely from FY 2014 to FY 2015, the target price of share is supposed to be RM 3.06 and traded at forward exit multiple of 5.73x (on three-year average basis). This represents an upward potential of 75.67% and thus, having conducted a detailed and careful stock analysis, an "OUTPERFORM" rating follows.

akmal_rf

125 posts

Posted by akmal_rf > 2014-05-03 06:37 | Report Abuse

It is believed that the recent stock price hike by approximately 70% in April was primarily attributed to the investors’ optimism about the expected substantial earnings contribution from Capital 21 Joint Venture Development Project in Johor Bahru as well as the speculation hype which rode on such positive news to reap whooping profit in stock trading. However, the speculation hype does not last long and the price has been undergone correction, approximately by 12.64%, and is expected to enter consolidating phase for these few days. Waiting for upcoming catalysts to re-rate the company, it is advisable for value investors to accumulate the shares whenever there is any technical weakening sign in the market. In long term, this analysis report is optimistic about the growth prospect of the company and maintain “OUTPERFORM” rating in medium/long term.

nordimohd

1,870 posts

Posted by nordimohd > 2014-05-03 07:51 | Report Abuse

let see gadang may be after 2 months....i just wonder, seem to me some suggesting that bskl bull market will run forever.....

Joel

4,580 posts

Posted by Joel > 2014-05-03 14:03 | Report Abuse

I went in Gadang this week 7 lots.
Hope to buy in another 3 lots next week.

SJSOON

2,579 posts

Posted by SJSOON > 2014-05-03 18:47 | Report Abuse

Take it as a Fixed Deposit at "GADANG BANK"...You will reap a handsome reward by the end of the year.

Posted by Beginner1989 > 2014-05-03 19:55 | Report Abuse

Joel.. why didnt you go in for more lots... I went it for quite a lot!

Posted by limputong88 > 2014-05-03 20:13 | Report Abuse

I went in a lot this week. My target is only a modest rm2.Anything more is a bonus....

Icon8888

18,659 posts

Posted by Icon8888 > 2014-05-03 21:06 | Report Abuse

RM3

be ambitious when backed by solid evidence

it is not a fantasy, it can happen

tambun went up from 70 sen to 2.00 over 2 years

Joel

4,580 posts

Posted by Joel > 2014-05-03 23:40 | Report Abuse

last 4 week I bought 10 lots at rm1.44, but after 1 week later I sold at rm1.81 all my lots.

Then I kept back Gadang and I believed Gadang is my radar in 2014-2015.

Joel

4,580 posts

Posted by Joel > 2014-05-03 23:40 | Report Abuse

I take profit first then I bought back Gadang shares.

Posted by Beginner1989 > 2014-05-04 15:11 | Report Abuse

Recently there are many small cap stocks dropped drastically. So scary.. This stock is a good fundamental stocks.. I hope sharks don't play with us (small investors). Thanks.

Cweed

2,262 posts

Posted by Cweed > 2014-05-04 15:21 | Report Abuse

Went up quite a lot oledi. Still can huh? Or buy in July?

nordimohd

1,870 posts

Posted by nordimohd > 2014-05-04 15:24 | Report Abuse

Beginner1989 I don't think the big boys care so much to small player like us cause one or two lots wont make much different to them, i may be wrong...

Optimus15

48 posts

Posted by Optimus15 > 2014-05-04 16:09 |

Post removed.Why?

Optimus15

48 posts

Posted by Optimus15 > 2014-05-04 16:31 |

Post removed.Why?

Posted by limputong88 > 2014-05-04 18:44 | Report Abuse

Guys dont play contra la.syndictes sell, still pick up n reach new heights

JT5774

579 posts

Posted by JT5774 > 2014-05-05 08:26 | Report Abuse

Good Morning, Gadang Investors, Happy Trading!

akmal_rf

125 posts

Posted by akmal_rf > 2014-05-05 08:43 | Report Abuse

Happy Green Bull Sign trader..... Go Gadang Go....

tonylim

4,796 posts

Posted by tonylim > 2014-05-05 08:47 | Report Abuse

Morning

Posted by Beginner1989 > 2014-05-05 10:24 | Report Abuse

Oh man.. why was it went down again.. haih

JT5774

579 posts

Posted by JT5774 > 2014-05-05 10:27 | Report Abuse

Gadang at the moment are in consolidation phase, if it breaks 1.70, then it will go down further. Watch out for contra player's. Happy Trading!

Posted by Beginner1989 > 2014-05-05 11:12 | Report Abuse

JT5774.. How much would it go further down

windz1984

74 posts

Posted by windz1984 > 2014-05-05 11:21 | Report Abuse

Down down

nicky

3,364 posts

Posted by nicky > 2014-05-05 11:37 | Report Abuse

Oledi RM1.69

Posted by Beginner1989 > 2014-05-05 11:41 | Report Abuse

I believe it won't go down that much!!!!!!!!!!!!!!!!! Let's support it!!!!!!!!

Posted by wongchowsang > 2014-05-05 11:59 | Report Abuse

i told 1.68

Posted by Beginner1989 > 2014-05-05 12:03 | Report Abuse

wongchowsang. you were being told it would drop to 1.68... let us all hold it and push it up from there then!!!!!

SJSOON

2,579 posts

Posted by SJSOON > 2014-05-05 12:03 | Report Abuse

When there is an up, there is a down; when there is a down, there is an up. Why worry? The company is worth about RM 3.06 based on Free Cash Flow to Shareholders valuation. As long as the company is not filing bankruptcy, I am alright.

SJSOON

2,579 posts

Posted by SJSOON > 2014-05-05 12:04 | Report Abuse

Guys, no need to keep track with the volatile price movement. You are investors, relax, unless you are daily trade and that will be other story.

JT5774

579 posts

Posted by JT5774 > 2014-05-05 12:06 | Report Abuse

Beginner1989, based on TA, the TP1-1.545, TP2-1.447 & TP3-1.13. Since the news have been announced, I strongly believe the TA will be the guidance of the stock movement at the meantime. That my observation. It

Posted by miowmiowwowwow > 2014-05-05 12:07 | Report Abuse

Holland!!!

notebook

427 posts

Posted by notebook > 2014-05-05 12:32 | Report Abuse

pls down more, make contra kaki fear and lose

Zai Zai

584 posts

Posted by Zai Zai > 2014-05-05 13:28 | Report Abuse

broken support level, going to downtrend more.

Posted by Wai Hong Chan > 2014-05-05 13:41 | Report Abuse

short term it will be rm1.5X... and long term should be RM2.XX... that's my observation

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