It's like gambling on the ability of the company to get project, bidding can be WIN or LOSE, nothing is guaranteed.
However, Khew said the group was not successful in securing contracts for the Sungai Besi-Ulu Kelang (SUKE) and the Damansara-Shah Alam (DASH) expressway projects, which it was eyeing earlier this year.
If you assume everything negative.. then do NOT trade in shares. Just put your money in FD and keep your mouth shut. You'll be more relax by doing that.. copy?
There are lots of choice out there, which are obviously better future, why must hang with this tree? Don't understand
To me, the valuation is on the high side & already priced in the future chance of winning project, nothing much to eat if buy now, so I will avoid. Good luck to all.
The One, that's my 2 cents opinion, what so big deal with that? Why so angry? No confidence on Gadang? Or you yourself don't have confidence with your judgement?
RUOutOfUrMind "But it's really pain for losing from the peak RM3.30 to current price, pity you lah, The One". Hmm.. do u really know about me n my transactions? Assumption again? lol.. :D
Just attended the AGM thus morning and according to Ms Kok Pei Ling, the profit for this year will at least match last year ...the reason for poorer profit for Q117 is mainly due to stage of recognition of construction contracts...next quarter , we should be able to see better profits ...
RUOutOfUrMind sifu, you got to go see eyes doctor, The One sifu run just one day before results announcement. Lali paling cantik la.... He now laugh until kennot sleep, I think....
RUOutOfUrMind But it's really pain for losing from the peak RM3.30 to current price, pity you lah, The One. 03/11/2016 17:04
The moral of the story is that th "He who buys cheap fears no fall"... Despite Gadang falling until RM2.80, yet my margin of safety still guarantees a healthy profit. Now is just waiting until share split and bonus shares and bonus warrants. The reason to hold remains intact for the next one year.
I remember the times when Gadang was at RM1.50, ...apini, pisang goreng , SJSoon, icon8888 and bluefun are here to support Gadang...it was a time when great and logical ideas are discussed and there is not much personal attack ....I missed those times when Gadang forum is a platform for healthy and intelligent cross fertilisation of ideas ....then, we have TKSW frog jumping in and out from RM1.80 until RM3.30....now, we have a bunch of newcomers .....let us see how long everyone will last at this forum ...heheheh....
@ cold investor, both the father (Kok Onn) and the daughter (Kok Pei Long) mentions that the profit this year will at least be as good as last year ....this answer came after Mr Koon recommend that the board should window dress their Q1 financials.
@ Cold Investor, even in The Edge article, they are trying to imply the same thing that this year's profit should be as good as last year....
Kok Pei Long was being smart....she mentioned along the line ....that this year's profit should not be worst off than last year ....have to read between the lines abit ....
I don't think I have heard wrongly because I sat right in front ...just two rows behind the corporate bigwigs from THB investment bank and Crowth Howard external auditors
The chart below shows Gadang’s mistake in reporting the reduced profit for its 1st quarter. As a result, many shareholders are losing money and many punters have margin call.
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....
Iron8888
281 posts
Posted by Iron8888 > 2016-11-03 16:34 | Report Abuse
tksw sifu, u banyak RM, everyday buy buy buy. Good for u lah. Happy buying