GADANG HOLDINGS BHD

KLSE (MYR): GADANG (9261)

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Last Price

0.35

Today's Change

+0.01 (2.94%)

Day's Change

0.34 - 0.355

Trading Volume

1,397,500


38 people like this.

37,593 comment(s). Last comment by XinXin Chan 1 day ago

Posted by cresbinvest > 2016-11-21 15:35 | Report Abuse

Yes, OTB buy call at 2.30pm

tksw

12,782 posts

Posted by tksw > 2016-11-21 16:05 | Report Abuse

OTB buy call arr? scary...

cwkhor

119 posts

Posted by cwkhor > 2016-11-21 16:30 | Report Abuse

what else does OTB recommend?

kancs3118

2,214 posts

Posted by kancs3118 > 2016-11-21 17:27 | Report Abuse

the recent drop is surely manipulated by both KYY and OTB....those without independent thinking is akin to sheep lead to slaughter...

Posted by cresbinvest > 2016-11-21 17:35 | Report Abuse

kancs3118, becareful on your words. Otheriwise later your IC will be disclosed by the oldman through his private inspector..


Posted by kancs3118 > Nov 21, 2016 05:27 PM | Report Abuse
the recent drop is surely manipulated by both KYY and OTB....those without independent thinking is akin to sheep lead to slaughter...

tksw

12,782 posts

Posted by tksw > 2016-11-21 19:53 | Report Abuse

cresbinvest sifu, I would like to know kancs sifu identity, see handsome boy or not, may be she is a beautiful girl ... kakaka

Jacky Yip

94 posts

Posted by Jacky Yip > 2016-11-21 21:15 | Report Abuse

today closed rm2.77

Jacky Yip

94 posts

Posted by Jacky Yip > 2016-11-21 21:22 | Report Abuse

if tomorrow closed rm2.80, share split become rm1.40, then 4 shares free 1 bonus and 1 warrant, share price will be rm1.11 ( (1.40 * 4) + 1.06 ) /6 )

Jacky Yip

94 posts

Posted by Jacky Yip > 2016-11-21 21:23 | Report Abuse

if you have 200 shares, after ex you will get 500 shares and 100 warrant

kglim

143 posts

Posted by kglim > 2016-11-21 21:57 | Report Abuse

what will be the Warrant price then ??

kglim

143 posts

Posted by kglim > 2016-11-21 22:11 | Report Abuse

All ex price = (2*2.77+1.06)/(4+1+1) = 1.10. Minus the exercise price of warrants 1.06 = 0.04 (warrant price). It is in money already. Given 20% premium, the warrant price = 1.2 X 1.10 - 1.06 = 0.26. *BORROW PPL COMMENT*
1. why 20% premium ?
2. Quick profit will be No.of share x 0.26 warrant price ?
3. will the Warrant price go up / down ? if down then rugi lor.... ?

Posted by iambigshark > 2016-11-22 02:21 | Report Abuse

If bought 2k on 22nd, can sell 5k + W on 23rd tru your remiser

Patrick13

1,971 posts

Posted by Patrick13 > 2016-11-22 09:49 | Report Abuse

Still very hard to climb above 2.80 =="

Posted by iambigshark > 2016-11-22 11:01 | Report Abuse

coming lo

huat021

54 posts

Posted by huat021 > 2016-11-22 11:11 | Report Abuse

last offer before tomorrow xdate :)

Muarmali

1,186 posts

Posted by Muarmali > 2016-11-22 12:05 | Report Abuse

the fireworks show is going to finish. wait for next entry point.

威威

1,839 posts

Posted by 威威 > 2016-11-22 12:45 | Report Abuse

Guys entitlement date is on 25/11 not 23/11... The new shares and warrants will only credit into ur account on 25 nov..

威威

1,839 posts

Posted by 威威 > 2016-11-22 12:47 | Report Abuse

So mean by 28 nov only can sell

威威

1,839 posts

Posted by 威威 > 2016-11-22 12:56 | Report Abuse

Yes u can sell ur share but not the new share because havent credit into ur acc..

威威

1,839 posts

Posted by 威威 > 2016-11-22 13:03 | Report Abuse

Example if u got 2000 share now so after ex date u will have 5000 share after share split and bonus share... but the 3000 new share will only credit into ur acc on 25/11 by 5pm...so tmr u only can sell 2000 share.

威威

1,839 posts

Posted by 威威 > 2016-11-22 14:49 | Report Abuse

@jibbie Yes u can

Patrick13

1,971 posts

Posted by Patrick13 > 2016-11-22 15:01 | Report Abuse

My average cost is 2.8. If today closing price is let's say 2.76. Am I incurred any losses?

威威

1,839 posts

Posted by 威威 > 2016-11-22 15:09 | Report Abuse

@Patrick13

As long as u still holding ur share...All ur losses is just paper lose...

alex88812

294 posts

Posted by alex88812 > 2016-11-22 16:29 | Report Abuse

so disappointed le.. thought today can close at least 2.80, but now no move.. someone don't let it go up.. why huh..?

Posted by iambigshark > 2016-11-22 17:04 | Report Abuse

looks like after xd will up

WaAdaLui

1,225 posts

Posted by WaAdaLui > 2016-11-22 17:12 | Report Abuse

Yalo...... why drop de? Can not close @$2.80 meh....... very sad lo...........

威威

1,839 posts

Posted by 威威 > 2016-11-22 17:27 | Report Abuse

Why must close 2.8? Tmr after the adjust share price will be more attrative because it lower.... so it might attract more buyers and eventuallly they will push the price back up.

2.75/2.5= 1.1 per share if my calculation is correct.

Imagine if tmr open 1.1 and people push to 1.2 closing price. It up 10cent but actually u earn more because ur 1000 share become 2500 share. If say u earn rm100 because up 10 cent today but tmr u make rm250 if up 10cent

oasischeah

1,461 posts

Posted by oasischeah > 2016-11-22 17:41 | Report Abuse

Gadang may give investors a big shock tomorrow.

威威

1,839 posts

Posted by 威威 > 2016-11-22 18:07 | Report Abuse

@oasischeah

A good one or bad?

kglim

143 posts

Posted by kglim > 2016-11-22 21:07 | Report Abuse

those words can trust ?? dream on la..

Jacky Yip

94 posts

Posted by Jacky Yip > 2016-11-22 22:28 | Report Abuse

GADANG - Notice of Book Closure
GADANG HOLDINGS BHD

1) Subdivision of every one (1) existing ordinary share of RM1.00 each ("Existing Share(s)") into two (2) ordinary shares of RM0.50 each in Gadang Holdings Berhad ("Gadang") ("Subdivided Share(s)") at 5.00 p.m. on 25 November 2016 ("Entitlement Date") ("Share Split").

2) The Bonus Issue of Shares will be carried out concurrently with the share split exercise announced on even date. The Bonus Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on 28 November 2016 ("Listing Date"), being the next market day immediately after the Entitlement Date. Gadangs Share Registrar will issue and despatch the notices of allotment for the Bonus Shares to the entitled shareholders of Gadang not later than four (4) market days after the Listing Date. This announcement is dated 11 November 2016.

3) Bonus issue of 129,311,689 warrants in Gadang Holdings Berhad ("Gadang") ("Warrant(s)") on the basis of one (1) Warrant for every four (4) existing ordinary shares of RM0.50 each held in Gadang ("Subdivided Share(s)") after the completion of the share split at 5.00 p.m. on 25 November 2016 ("Entitlement Date") ("Bonus Issue of Warrants").

Kindly be advised of the following :

1) The above Company’s securities will be traded and quoted “[Ex-All]” as from: 23 Nov 2016
2) The last date of lodgment : 25 Nov 2016
3) Retention Money: Where securities are not delivered in time for registration by the seller, then the brokers concerned:-
a) Selling Broker to deduct <1/5>, of Selling Price against the Selling Client
b) Buying Broker to deduct <20%>, of Purchase Price against the Buying Client
c) Between Broker and Broker, the deduction of <1/5>, of the Transacted Price is applicable.

Remarks 1: "Bursa Malaysia Securities Bhd would like to clarify that on the basis of settlement taking place after 25 November 2016 with Share split and Bonus issue of GADANG shares of RM 0.50 each. Any shareholder who is entitled to receive GADANG Share split and Bonus issue shares, may now sell any or all of his GADANG shares arising from the Share split and Bonus issue beginning the Ex-Date (23 November 2016).

For example, if Mr X purchases 100 GADANG shares on cum basis on 22 November 2016, Mr X should receive 100 shares on 25 November 2016. As a result of the Share split and Bonus issue, a total of 250 GADANG shares will be credited into Mr X's CDS account on the night of 25 November 2016 being the Book Closing Date. Therefore, Mr X can sell the Share split and Bonus issue shares of 250 on or after the Ex-Date ie from 23 November 2016 onwards."

Remarks 2: The Share Split entails the subdivision of every one (1) Existing Share into two (2) Subdivided Shares at 5.00 p.m. on 25 November 2016. The Subdivided Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on 28 November 2016 ("Listing Date"), being the next market day immediately after the Entitlement Date. Gadangs Share Registrar will issue and despatch the notices of allotment for the Subdivided Shares to the entitled shareholders of Gadang not later than four (4) market days after the Listing Date.

Remarks 3: The Bonus Issue of Shares will be carried out concurrently with the share split exercise announced on even date. The Bonus Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on 28 November 2016 ("Listing Date"), being the next market day immediately after the Entitlement Date. Gadangs Share Registrar will issue and despatch the notices of allotment for the Bonus Shares to the entitled shareholders of Gadang not later than four (4) market days after the Listing Date. This announcement is dated 11 November 2016.

Remarks 4: The Warrants will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") within two (2) market days after the receipt of the listing and quotation application filed with Bursa Securities. The Bonus Issue of Warrants will be implemented via the filing of listing and quotation application with Bursa Securities after the completion of the Share Split. As such, the Warrants to be issued pursuant to the Bonus Issue of Warrants shall give to its holder an option to subscribe for new Subdivided Shares on the basis of one (1) new Subdivided Share for one (1) Warrant at the exercise price of RM1.06 per Warrant. The Warrants will be credited into the entitled shareholders central depository system account and a notice of allotment will be issued and despatched to the entitled shareholders. This announcement is dated 11 November 2016.

Jacky Yip

94 posts

Posted by Jacky Yip > 2016-11-22 22:29 | Report Abuse

For example, if Mr X purchases 100 GADANG shares on cum basis on 22 November 2016, Mr X should receive 100 shares on 25 November 2016. As a result of the Share split and Bonus issue, a total of 250 GADANG shares will be credited into Mr X's CDS account on the night of 25 November 2016 being the Book Closing Date. Therefore, Mr X can sell the Share split and Bonus issue shares of 250 on or after the Ex-Date ie from 23 November 2016 onwards."

Victor Tan

117 posts

Posted by Victor Tan > 2016-11-22 23:11 | Report Abuse

Watch out, Gadang will have announcement soon again.

Ryan88

1,327 posts

Posted by Ryan88 > 2016-11-22 23:52 | Report Abuse

Not announce already ??

威威

1,839 posts

Posted by 威威 > 2016-11-22 23:56 | Report Abuse

How to sell if the shares not yet credit into ur cds acc?

Victor Tan

117 posts

Posted by Victor Tan > 2016-11-23 08:42 | Report Abuse

Not yet announce

tksw

12,782 posts

Posted by tksw > 2016-11-23 09:04 | Report Abuse

veli sayang, this morning dun have mani to buy at 103

Orga

1,171 posts

Posted by Orga > 2016-11-23 09:20 | Report Abuse

waiting @ 1.00..

tksw

12,782 posts

Posted by tksw > 2016-11-23 09:28 | Report Abuse

Victor Tan sifu, dun cheat me buy Gadang wor...

alex88812

294 posts

Posted by alex88812 > 2016-11-23 09:28 | Report Abuse

after split and bonus issue, harder to go up.. look at the sell queue.. =( is it due to the exercise price of 1.06? so the mother must below 1.06??

alex88812

294 posts

Posted by alex88812 > 2016-11-23 09:33 | Report Abuse

wow.. who keep pressing down?? seem like all support broken.. shit liau lo..

keke

784 posts

Posted by keke > 2016-11-23 09:36 | Report Abuse

ole-ole, i am back, cheap sales now

skyrocket

496 posts

Posted by skyrocket > 2016-11-23 09:59 | Report Abuse

I'm back too..haha

威威

1,839 posts

Posted by 威威 > 2016-11-23 10:02 | Report Abuse

I also dont understand people logic why they want to sell now at loses...

tksw

12,782 posts

Posted by tksw > 2016-11-23 10:04 | Report Abuse

fear la, sifu, fear

tksw

12,782 posts

Posted by tksw > 2016-11-23 10:05 | Report Abuse

Gadang suddenly drop to 102 from 275, fear until lao sai

aunloke

974 posts

Posted by aunloke > 2016-11-23 10:06 | Report Abuse

At this price if the warrant can be sold at 30 sen there is no loss.

威威

1,839 posts

Posted by 威威 > 2016-11-23 10:08 | Report Abuse

The price has been adjusted not dropped.... u will get ur new shiny shares plus warrants on 25/11

pussycats

7,640 posts

Posted by pussycats > 2016-11-23 10:54 | Report Abuse

wah price drops, please buy.

WaAdaLui

1,225 posts

Posted by WaAdaLui > 2016-11-23 10:55 | Report Abuse

I wanto buy,,, but no money.....

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