Haha. If already missed the time sell at 3.2 then hold 1st. Gadang not a company no profits or making lost business. Those who follow sell at below their purchasing price to cut lost is FUNNY action. Those who sell to get profits still acceptable cos buy low sell high. Stock market nt easy to lose money. Lose money is for stupid ppl who simply buy in and not confident to what he buy initially
property , infrastructure/ contruction all are in DISMAL condition, for god sake , what else do you expect in the near future. Don't you see our currency, ringgit is falingl like shit, you know very well the country is running out of money. foreign debt is sky high , some more imcompetent government in place.----sad story.
Export counters are always volatile. In trump's administration, there will be more and more tariff on imported goods to protect their own economy. Export counters hike are just momentary. Gadang should be one of the top picks once all these uncertainty stabilize. Unpopular doesn't mean value dropped. In the long term, good counters still prevail. Look at FLB 2 months ago and then now. They will always be remembered as consistent performers
Ya. Agreed not ALl export stocks are good. Pls focus on original good maan agent and good profile company. Dont blindly buy in export stocks. Later go holland This Gadang still a good counter, many big sharks waiting it to drop till its limit , to buy in low and sell high again.
all sifu, just wanna ask right, why the exercise price of the warrant so cheap huh?? based on the current price of 2.50, if split (2.50/2 = 1.25) and bonus shares (1.25/4x3 = 0.94) would be around 0.94.. am sure if my computation is correct.. if my computation is correct, why the exercise price so low one huh?
after warrant issue and share price should be adjust to 1.03 warrant premium should be 20-30% = 1.03 *25%(average)=0.26 market price is it correct with this calculation?
Gadang now is like Airasia @ rm0.90 last year. Fundamentally PE low, technically RSI low. Heavily sold mainly due to sentimantal and perhaps some syndicates movement. Will Gadang repeat the price history of Airasia thereafter? Let's see in November 2017.
It is pretty obvious that Gadang sell down is on purpose or by one or two player. The selldown most likely is to gather back or either management wants the shares to be at a lower price so market will rally. It is also timed correctly with the election etc to create more sellers to push down the price. All these is prior to the announcement.
Glad to hear that KYY is already out of picture. This put more certainty to approach the Airasia-like pattern formation. Let's see what will happen from now on :)
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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....
Tan Cheng Poh
211 posts
Posted by Tan Cheng Poh > 2016-11-11 12:58 | Report Abuse
Don't worry!Gadang will'GARANG' back soon.