Since like downtrend is inevitable. Have to wait another qtr result only will boost the price goes up. If no further good news shared by Gadang, it will continue drop and drop
Stock: [GADANG]: GADANG HOLDINGS BHD Oct 28, 2016 06:39 PM | Report Abuse
it looks like this drop is engineered to kill the margin people, so in order to achieve that, it has to drop to 2.50 or below to kill the margin people.
It is just the first margin player pass it to the next weak margin player, the weak margin player pass it to the next weaker margin player, the weaker margin player get margin calls and pass all to the bank at huge discount. No amount of cash is enough to catch the falling knife.
Nobody actually knows it dropped to which level . Is either U dared to take risks and buy when U feel comfortable at ur own risks . Not to curse anyone for winning or loosing . Investing is stocks sometime hv risks if U tend to make profits . .....cheers !
Bidding book showed 10b project at beginning of year & now follen to 5.2b, lost out 5b. Gadang is not the only bidder, go see all other listed construction counters, all also said bidding the same projects, nothing is for sure
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....
Patrick13
1,971 posts
Posted by Patrick13 > 2016-11-08 09:46 | Report Abuse
Since like downtrend is inevitable. Have to wait another qtr result only will boost the price goes up. If no further good news shared by Gadang, it will continue drop and drop