For those who kept Gadang, prior to dividend and the bonus/warrant issue, today, you get back today about RM3.00 per share (after considering dividend and free warrants). Less doomsayers lately.
Actually nothing much happen to Gadang this year other than getting the KwasaLand deal. Investors must differentiate between information (on company fundamental) and influence (normally temporary, on share price), and investors also suffer from cognitive biases due to "social media"
Someone said successful investing is 1% about what you know and what you buy, and 99% about how you behave. Sure or not?
9261 GADANG GADANG HOLDINGS BHD Change in Boardroom
Date of Change: 01/12/2016 Type of Change: Appointment Designation: Chairman Directorate: Ind & N/Exec Name: MOHAMED ISMAIL BIN MERICAN Age: 68 Country: Nationality: Malaysia
Qualifications: MBBS (Malaya)F.A.C.P (Hons, US)
Working Experience and Occupation: Currently he is the Pro-Chancellor and Chairman of MAHSA University as wellas Consultant Hepatologist & Internal Medicine Specialist at Prince CourtMedical Centre, Kuala Lumpur.From 2005 till 2011, he held the post of theDirector-General (DG) of Health of Malaysia, President of the Malaysian MedicalCouncil and was a member of the Promotion Board of the Malaysian Civil Service.He was a member of the Board of Directors of the National Heart Institute,Chairman of the National Committee for Clinical Research, Chairman of DrugControl Authority, Chairman of National Poisons Board, Chairman of MedicineAdvertisement Board and Chairman of Pharmacy Board.
i met some of the officers of gadang, when they were building the segambut 3-storey terrance houses back in 2011.... what a humble set of people, you would think is running a mom and pop company, little did i know what they would become.... i think those who bot mother shares b4 the bonus issue etc have now cleared the hurdle.... and enjoying the bonus in terms of free warrants.... lets hope for a bright year ahead
This Gadang has been on the top hit trending stock list for many months, kept seeing other construction outfits awarded projects here & there, wonder any deal was closed or tender wond since last AGM? It's getting worrying as jobs in hand is finishing soon, most is within 1 year.
This Gadang has not closed any deal for sometime & the current price has taken into the account of future projects won. What IF projects supposed to be won never come in & current projects finish off by this year?
Everyone know about potential of growth is what the company is going to deliver, in order to maintain current profits, the company need to win jobs with value of not less than 500m annually. I have not seen it coming yet but price already gone so much. Upside potential zero but risk of not winning jobs very high. I won't say good luck bcos you get what you paid for.
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....
Whey Whey
1,839 posts
Posted by Whey Whey > 2017-01-04 19:50 | Report Abuse
Today never up any but stay at 1.06 with quite huge volume. Maybe get ready to rally soon?^^