or maybe his wife ask him to buy her some cincin or handbag, he dun have excuse to say no money, panic and go bot gadang share to show he dun have cash to his wife.
Let the market does its job. After split, shares become double. It seems more difficult for someone to manipulate the price if the price goes up to RM2 & above.
Stay cool..what to worry about gadang.. patience will be rewarded in long term investment.. nobody will know what will happen tomorrow,next month or next year..if wan play safe just put money under the pillow,then u can sleep well...
Hi Mr. OTB, Thanks for the information. This is why i still hold Gadang till now. I do look good at her future and till now, I do trust 郭安, this is based on his pass reputation. Business do have up and down, but i believe a good management and a good businessman will be able to overturn a bad times.
Posted by Ooi Teik Bee > Nov 24, 2016 03:09 PM | Report Abuse I also do my homework before I recommend Gadang to my subscribers.
According to my FA report, the fair price should be 4.09 cum all. I made the below assumptions as follows :-
Assumption 1 The next quarter result will be released around 21/1/2017, I believe the quarter result Q2 2017 releases will be better than Q2 2016. The revenue and Net profit in Q2 2016 was 101.980 m and 17.721m respectively. If the quarter result Q2 2017 released is better than Q2 2016, the stock price of Gadang will move up north.
Ans :Gadang股东大会,郭安在大会前,就面对一名小股东追问,为什麽第一季盈利会"突然"下跌? 郭安用广东话回答:「你放心,第二季应该会好。」 Based on 郭安 previous character and performance and management style, I do trust his words. The management of Gadang confirmed it during AGM.
Assumption 2 According to this person's (sosfinance) fund manager, for Capital City, there are about RM 285m profit before tax is not recognized yet. Perhaps, it is the reason why the management of Gadang is so confident that Gadang can exceed FYE 2016's result. Please note that I do not have any insider information, I cannot verify this fact.
Ans : The management of Gadang is so confident that the performance of Gadang in 2017 can exceed FYE 2016's result. The management of Gadang confirmed it during AGM.
Assumption 3 I still believe that Gadang will get one of the projects of MRT2 or LRT3 to improve its order book. Please note that Gadang is the second best contractor in MRT1 project, government will reward Gadang for its work well done. Once this project is awarded, the stock price of Gadang will move up north.
Ans : My friend is a director of a contractor who did MRT1 project. He told me that Gadang is the second best contractor in MRT1 project, government will reward Gadang for its work well done. Gadang will get one of the packages in either MRT2 or LRT3.
I do not have insider information, I try to find all information myself. For assumptions 1 & 2, unless the management of Gadang told lies during AGM, otherwise, we should take their words during AGM as conformation.
For assumption 3, this information is given to me by my good friend, I believe his information can be trusted. The management of Gadang also confirmed during AGM that she tendered for RM 10 billion jobs. She is confident to secure at least 1 or 2 jobs.
Assumption 4 All brokers in town are overweight on Construction sectors, I believe Construction stocks will perform well in 2017. Gadang is a Construction stock and trading at a low PER.
Assumption 5 Technical chart showed that Gadang is still an uptrending stock. No sign of changing of trend yet.
I go into detail before I recommend any stock, I feel guilty if I make a big mistake. So far I do not think that I make any mistake after a few times of counter checking.
If this stock cannot perform, there is nothing I can do. There is always a risk in share investment.
If the certain individual and sydicates win just too bad. We got no capitals like them can press down or push up the prices. What we can hope is most retailer dont fall into their trap to sell cheap so they can buy low can sell high. Anyway do your homework and only your self can make the call to hold, sell or buy. Cheers!
Today and tommorow is just Appetizer to create fear for the ikan bilis panic sell. The real big show will be on the next monday when everybody got their new shares and WA.
Dont worry you did not lost anything because the new share entitlement is on 25 nov which the shares and WA will credit into your CDS account after 5pm.
This explained why the share price dropped so much after the exercise because alot of investors like thebadguy thought they lost half of their capital and cause a panic sell.
After reading most the post ,MR OTB I really found that you are really a responsible person ,and I really salute you.
As for all the ikan bilis like us no point for us keep on argue on MR KYY comment, every one must be remember he is a very old person and sometimes you know just like our previous PM talk and talk than he can say he cannot remember already. He have his right to comment anything on forum , but we small investor have to unite because now days you must know that now days a lot of people are try to push down a lot of good stock price just in the motif to buy cheap, there are try to cheat your no of shareholding , if you don’t bother what they say so nothing can harm you.
If you are unsure that this share is good or not ,just think back how can a bad company provide you bonus share and free warrant the previous 1000 share later become 2500 share . Think twice just don’t simply follow what people say
Tksw also scare meh.... I still.hold some gadang leh.... by the way, I want to ask,can I sell The stock when it not yet credited into cds? If I sell all my holding now, the rest of the share still credit to me monday?
Folks, why so many people blaming other people for their loses? Firstly, nobody force you to buy/sell any share. You do it in your own free will. Secondly, If you make money, do you pay them any commission? Then why when you lose money, you blame them?
The only one to blame/responsible for our win/lose is ourselves.
Unless we understand this, we will never be a good investor. And forever you think the whole world is against you or own you a living.
All your assumption was create to let people to hold on Gadang and they could distribute their holding.
Ans : No point to read the posting from this person again and again to attack me.
I think the easy way is to make a curse here.
If I tell any lie here, karma will hit hard on me.
If not, karma will hit hard on cloudtrip.
God, please be fair and act on the the correct liar here. Thank you. Ooi
I am talking with fact here
I really feel that this stock is undervalued, there is no reason to sell it. I will hold on to it.
I still like this stock due to the following reasons :- NTA is RM 2.90, the stock price now is 1.13. The retained earning is RM 1.077 billion, the equity is RM 1.383 billion. The number of share issued is 241 million, the company can afford to give bonus issue of 3 to 1. Revenue increased 22% compared to previous Q1 2015. Net profit increased 16% compared to previous Q1 2015. The downside risk is very small. Final decision is always yours.
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....
keke
784 posts
Posted by keke > 2016-11-24 14:48 | Report Abuse
kakaka....maybe kok onn went to his house to scold him...haha