Posted by skyrocket > Nov 7, 2016 06:11 PM | Report Abuse
I had given up the dividends and disposed my last batch at average RM2.85 today. Bye Gadang and good luck to all. -.-------....--- Pussycats: Lucky for u skyrocket
Do you still believe Xuewen? Xuewen said he keep Gadang & also get to earn Rm0.07 gadang dividend . Xuewen, now really, u are a fool. Now, we know Why the director/ cold eye/ KYY sell at RM3.00. They are smart. I am not smart, but I know I hv to cut loss at RM2.81. Luckily I did cut loss, or else my banker will sell all my Gadang bcos of margin call if I didn't cut loss last week Monday.
Short term, share price is affected by sentiment. Long term, share price will correlates to earnings and fundamental. Those who have bought Gadang for a short ride, time to leave. There is no earning recovery in 2017. I still believe Gadang is not bad. I plan to buy some if cheap enough.
I learn new thing in i3, everyone can simply call a TP, as long as you feel song, it does not matter what is the basis or whether it is justifiable. I read UOB project coverage report, those construction firms under studies have at least 3-5 times contracted order book vs latest 4Q revenue. Gadang is only 1.2, what so special? Because of koon man? Or should those bought & never read reports be blamed?
Agree. Koon, Cold Eye, Quarterly Report etc. Gadang is under siege. However, Koon is really an unethical writer. He lectured Kok Onn for not smoothing the earnings. Even worse, he putar belit.
u all no need spread panic la. NP dropped half only. Don't see any other reason for it to keep dropping. 7c down after ex-div but will surely rise b up. gkent and a few other shares also experienced big drop lately. all the margin players flushed out and stocks rose b up
I think Koon is selling big today after he wrote his bad call for buying Gadang on Sat or Sunday. Unless Koon stops selling, Gadang will drops till kingdom come.
Although they are millionaires, they still human being could be wrong sometimes, I'm well respect them teaching/sharing me business skill. Stop blame on others, It's you! yourselves make this decision, please account for your wrong decision. Happy trading.
I do not like KYY (as I have mentioned many times in my previous post). He is just an old man. Teluk sebiji, rich sekampung. Always donate with terms and conditions. I still have 50 years to fight. I will one day hostile takeover his asset and spin it off.
looking at it tomorrow will fall further. those stuck last chance for you to run early morning. btw tomorrow is t7 more force selling tomorrow with election result anxienty as well. be prepared.
Coming few day share price is cucial to determine upcoming upcoming warrant exercise price, as it use 5 day average weight volume with some discount peg on.
After fixed warrant conversion price, gadang will announce share split+ bonus share + free warrant entitlement date next week.
Koon Yew Yin is not a simple man..in his heart, he may wanna buy even more. From both his articles, he is very impressed with what Gadang has achieved with the property division such as winning the KwasaLand deal and Laman View JV. Recall that he himself states he is confident that Gadang, being an experienced contractor, can secure a few more projects. That was written clearly in his first article after the AGM. Then, yesterday, he threw a spanner into the work and wrote that he decided to dispose because he is not confident that Gadang can maintain the profit this year FY2017 as compared to FY2016.
Well, during the AGM, management has reiterated that the profit this year FY2017 will not be worst than FY2016. This is further echoed in The Edge publication. Indeed, if you attend the AGM last year FY2015, it was mentioned that both FY2017 and FY2016 will be better than FY2015. In addition, market is expecting Gadang to win the MRT 2 package.
So, the question is : (1): who do you believe ? Gadang's management or Mr Koon ? (2): if Mr Koon 'S objective is cause panic sale, he has achieved his objective. He maybe quietly collecting now. Indeed, this is the best time to collect now to get the bonus warrants and bonus shares. Don't forget, Mr Koon did praise Gadang for a few times in his article. Maybe Mr Koon wants to buy more and purposely capitalise on the poor Q1 results to cause panic ??
Whatever it is , please recap on Gadang's fundamentals. It is a conglomerate with all the seeds for future growth being firmly planted .
Bro RUOut, i don't think its nice to call the old man KYY like that. At least he admit his wrong assessment of gadang by not blaming others. If this happened to you, are you ready to admit?
Posted by SJSOON > Nov 7, 2016 08:40 PM | Report Abuse
I do not like KYY (as I have mentioned many times in my previous post). He is just an old man. Teluk sebiji, rich sekampung. Always donate with terms and conditions. I still have 50 years to fight. I will one day hostile takeover his asset and spin it off.
From 25 inspiring Buddha quotes: the #25 is 25.“In the end, only three things matter: how much you loved, how gently you lived, and how gracefully you let go of things not meant for you.”
In Chinese it means: 勞心的人控制別人勞力的人被別人控制why? Because you don't know how to 對自己不好對別人好讓別人去做你不會做的事情. The first point is Gadang don't know how to do anything that other company don't know how to do. From Warren buffett: 5. What an investor needs is the ability to correctly evaluate selected businesses. Note that word "selected": You don't have to be an expert on every company, or even many. You only have to be able to evaluate companies within your circle of competence. The size of that circle is not very important; knowing its boundaries, however, is vital.
The boundary=what you don't know how to do. and beyond the boundary is what Gadang can do for other people.
You don't have to be an expert but the company you invest in has to be an expert in the industry it is in right now. 1. Gadang is not an expert (wrong assets) and 2. The industry Gadang is in is in a downturn (waste time). 3. You are not an expert in the property industry but if you have bought Gadang at a much lower price, you can still make money. If you have bought recently, you probably have to think whether you can hold the stocks for very long time or not and whether Gadang is not expert in the industry it is in or not. If not, please be bad to yourself and let other more powerful investor like Mr. KYY takes over for you.
@ hng33, you nailed it !! And now is the best time for him to buy because of the shares going ex and that management is motivated to suppress the shares for the 1 week weighted average.
This is good news because the warrants exercise price is going to be filthy cheap.
This Koon man wrote an article to openly state his regret & mistake in buying Gadang on 4 November. He changed his mind by writing another article to contrarily go for another END.
Posted by ramlimn > Nov 7, 2016 09:06 PM | Report Abuse Bro RUOut, i don't think its nice to call the old man KYY like that. At least he admit his wrong assessment of gadang by not blaming others. If this happened to you, are you ready to admit?
I don't think Mr Koon is a terrible man. He is just suffering a typical dose of seller's remorse. I suspect he will be back at Gadang with a vengeance .
Gadang long term remain very bright, gadang stand to gradually realizing profit from its entitlement RM 320m from its JV in capital city; higher water traffic rate from its water treatment plant and high odds success to secure another MRT2 contract which pending to release end of these month or later by next month.
kancs3118 : you go to school to learn to be able to gradually believe in yourself. how old are you now, had you missed any schooling in the past or procastinated on doing your own homeworks or you were coping somebody's homework back then. too bad for you, you don't know whether to believe in yourself or believe in other people. You don't believe in other people, you believe in the environment you are in (live in this moment because you don't know what is going to happen in the future). The environment does not fools people it is people that are fooling around with people or were you fooling around with your teachers back then, do you still remember any pranks you did in the past or not.
The only problem with kyy is untimely disclosed its sell position, opt after sold his stake, later only release his position to attract more seller.
Likewise, kyy also untimely disclosed its buy position, opt to accumulate stock first, only later release his position to public to attract more buyer.
In short, I suspect kyy alrdy sold off his position in gadang when on strength and now to buyback on weakness
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....
pussycats
7,640 posts
Posted by pussycats > 2016-11-07 19:38 | Report Abuse
Posted by skyrocket > Nov 7, 2016 06:11 PM | Report Abuse
I had given up the dividends and disposed my last batch at average RM2.85 today. Bye Gadang and good luck to all.
-.-------....---
Pussycats: Lucky for u skyrocket
Do you still believe Xuewen? Xuewen said he keep Gadang & also get to earn Rm0.07 gadang dividend . Xuewen, now really, u are a fool. Now, we know Why the director/ cold eye/ KYY sell at RM3.00. They are smart. I am not smart, but I know I hv to cut loss at RM2.81. Luckily I did cut loss, or else my banker will sell all my Gadang bcos of margin call if I didn't cut loss last week Monday.