Posted by ppfoong > 2016-11-14 11:28 | Report Abuse

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.

Posted by Victor Tan > 2016-11-14 11:42 | Report Abuse

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.

Posted by Mar Yung Chern > 2016-11-14 12:02 | Report Abuse

what announcerments u mean for?mind to share details?

Posted by PlsGiveBonus > 2016-11-14 12:04 | Report Abuse

Throw at 2.5

Posted by ppfoong > 2016-11-14 12:36 | Report Abuse

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 :)

Posted by PlsGiveBonus > 2016-11-14 12:42 | Report Abuse

Hope more margin calls followed by this week

Posted by SmartyAlek > 2016-11-14 12:47 | Report Abuse

err...p/e = price/ eps. eps dilute but price constant?! lol

Posted by ppfoong > 2016-11-14 12:55 | Report Abuse

Hahaha... 150% gain if price constant.

Posted by Papajim > 2016-11-14 12:59 | Report Abuse

hahaha....u mean price stayed at RM2.56 after share split ? ha ha

Posted by ppfoong > 2016-11-14 13:04 | Report Abuse

If price ex at RM2.56, the ex price should be less than RM0.90 considering with the free warrant.

Posted by cheated > 2016-11-14 13:20 | Report Abuse

Why no more Gadang in latest RHB election stocks?

Posted by Hui Xin Sim > 2016-11-14 14:39 | Report Abuse

Gadang Holdings - A Buying Opportunity

BUY TARGET PRICE: MYR 3.50

We believe the recent selldown provides a good opportunity to accumulate the stock at forward P/E of <7x vs the peer average (in low teens). We upgrade the stock to BUY with unchanged SOP-based TP of MYR3.50 (39% upside). Apart from strong medium-term earnings visibility, it has also laid foundation for the longer term. Mega construction job wins and its ongoing corporate exercise may boost sentiment on the stock.

Posted by Hui Xin Sim > 2016-11-14 14:39 | Report Abuse

today rhb research buy call

Posted by speakup > 2016-11-14 14:42 | Report Abuse

pls buy so that KYY can sell to u

Posted by Papajim > 2016-11-14 14:50 | Report Abuse

scary....

Posted by ppfoong > 2016-11-14 14:54 | Report Abuse

A lot of people know the theory of sure win strategy: buy low, sell high. In real practice, opportunity already here, its a matter of whether you dare to grab it or not :)

Posted by leekh5555 > 2016-11-14 15:06 | Report Abuse

I believe Gadang will get some projects in near term..very soon

Posted by tksw > 2016-11-14 15:07 | Report Abuse

Penggoreng Gadang cunning...

Posted by aidwiz > 2016-11-14 15:08 | Report Abuse

aiyoh going up again? time for tksw to deng deng deng again? :p

Posted by Mar Yung Chern > 2016-11-14 15:08 | Report Abuse

tksw sifu, unreasonable pull up,is it possible penggoreng want leave?

Posted by cresbinvest > 2016-11-14 15:14 | Report Abuse

market positive on bonus issue exdate at next week?

Posted by tksw > 2016-11-14 15:26 | Report Abuse

something is brwing...

Posted by keke > 2016-11-14 15:37 | Report Abuse

lol...tksw sifu, your wtk cannot move one?

Posted by tksw > 2016-11-14 15:45 | Report Abuse

keke sifu, yala, veli pai-si this WTK. FLB oso, shot up to173 then gostan balik, but I manage to sold until 173 .now deng deng deng

Posted by 8wpwtmt8 > 2016-11-14 16:30 | Report Abuse

(2*2.60+1.06)/(4+1+1) = 1.04. Minus the exercise price of warrants 1.06 = -0.02 (warrant price). Not logical. Market makers got to push up some more. Eight more market days to do so.

Posted by pussycats > 2016-11-14 16:34 | Report Abuse

tksw sifu, u vry pandai, wtk can sell at top. Bagus. U usually sell how many percent each time to the top? ??

Posted by PlsGiveBonus > 2016-11-14 16:49 | Report Abuse

Go up don't buy
:)
Wait it drop back

Posted by Tan Cheng Poh > 2016-11-14 16:56 | Report Abuse

will push up again b4 ex

Posted by Ryan88 > 2016-11-14 17:31 | Report Abuse

Ppl panic sell last time sure very sad. Get played by big shark to buy low sell high

Posted by leekh5555 > 2016-11-14 17:35 | Report Abuse

maybe big players slowly collecting...

Posted by hero666 > 2016-11-14 18:39 | Report Abuse

2.63 can consider high or not? Althought its on up trending, still thinking going in before nxt week split and hopefully can milk a bit...

Posted by PlsGiveBonus > 2016-11-14 18:48 | Report Abuse

Doesn't matter I will buy Q at 2.5 forever

Posted by slbzr > 2016-11-14 19:06 | Report Abuse

With the bonus issues xd soon, It wont drop la, unless something serious happen

Posted by pussycats > 2016-11-14 19:18 | Report Abuse

Pls buy.

Posted by kancs3118 > 2016-11-14 19:31 | Report Abuse

can anyone share RHB write up on Gadang?

Posted by 8wpwtmt8 > 2016-11-14 19:58 | Report Abuse

kancs3118:

Gadang Holdings - A Buying Opportunity

TARGET PRICE: MYR 3.50

We believe the recent selldown provides a good opportunity to accumulate the stock at forward P/E of < 7x vs the peer average (in low teens). We upgrade the stock to BUY with unchanged SOP-based TP of MYR3.50 (39% upside). Apart from strong medium-term earnings visibility, it has also laid foundation for the longer term. Mega construction job wins and its ongoing corporate exercise may boost sentiment on the stock.

Today's RHB Research buy call

Posted by 8wpwtmt8 > 2016-11-14 20:00 | Report Abuse

All ex price = (2*2.63+1.06)/(4+1+1) = 1.05. Minus the exercise price of warrants 1.06 = -0.01 (warrant price). Still not logical. Market makers got to push up some more. Six more market days to do so.

All ex date is 23 Nov 2016.

Posted by kancs3118 > 2016-11-14 22:15 | Report Abuse

@ 8wpwtmt8 : I don't understand your reasoning ..

Posted by 8wpwtmt8 > 2016-11-14 22:46 | Report Abuse

kancs3118:

We need 2 shares to be splited to 4. And from this 4 shares, we are given 1 free share. That is why we multiply 2 with the last price, i.e. 2 X RM2.63 and we got 4 splited shares plus one free share. Apart from this, we need to pay for the warrant at the exercise price of RM1.06 and we add 1 warrant to the 4 + 1 shares just now. This is how we got the new ex price.

Warrant + exercise price = Mother share price or Warrant = Mother share price - exercise price, i.e.
RM1.05 - RM1.06 = -RM0.01 which is illogical because it is negative. So, market makers got to push up the price so that the numerator is bigger.

But in some shares, the market maker can manipulate the warrant. First they add 20% premium to the mother share, i.e. (120/100) X RM1.05 = RM1.26. Then warrant price = RM1.26 - RM1.06 = RM0.20. Then if the market is good, this RM0.20 might hit limit up twice, i.e. 1.3 X 1.3 X RM0.20 = RM0.338.

Posted by 威威 > 2016-11-15 00:44 | Report Abuse

@
8wpwtmt8 its not illogical... Just its mean that people wont covert the warrant to share yet because the exercise price is higher. When the mother share price move above 1.06 than the warrant will become attractive and the people will pay the premium to buy ur warrant.. so the mother share price move higher ur warrant is much more valueble ^^

Posted by cresbinvest > 2016-11-15 01:05 | Report Abuse

sounds good

Posted by Patrick13 > 2016-11-15 08:08 | Report Abuse

@ 8wpwtmt8 sifu, why the split price is based on current market price? Not based on our own actual cost price?

Posted by 8wpwtmt8 > 2016-11-15 08:48 | Report Abuse

Dear Patrick13, the ex all price will use the last price on 22 Nov 2016. As for your own actual cost price, you can calculate yourself for comparison.

Posted by keke > 2016-11-15 09:11 | Report Abuse

ole-ole up liao.

Posted by tksw > 2016-11-15 09:14 | Report Abuse

break da 272...

Posted by GTdyno > 2016-11-15 09:15 | Report Abuse

Wow. Wat a rebound for gadang.

Posted by 威威 > 2016-11-15 09:21 | Report Abuse

The stock is obvious oversold so is normal it rebound... But be carefull not to chase cos it might drag down by BB to wash out contra players... My advise is dont play contra... only invest into this stock^^

Posted by apini > 2016-11-15 09:24 | Report Abuse

a lesson for the new comers: if you believe what you have chosen is still the best, do nothing is still the best strategy ,

Posted by tksw > 2016-11-15 09:31 | Report Abuse

kenot even stay aboave 270...

Posted by tksw > 2016-11-15 09:31 | Report Abuse

like that ppl ma run stock lor...