GADANG HOLDINGS BHD

KLSE (MYR): GADANG (9261)

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Last Price

0.33

Today's Change

+0.005 (1.54%)

Day's Change

0.325 - 0.335

Trading Volume

731,500


38 people like this.

37,594 comment(s). Last comment by lloydlim 1 week ago

Posted by Beginner1989 > 2014-06-12 10:56 | Report Abuse

but dropping now le... :(

Trisven

301 posts

Posted by Trisven > 2014-06-12 10:57 | Report Abuse

the price cannot sustain...........=(

nordimohd

1,870 posts

Posted by nordimohd > 2014-06-12 11:32 | Report Abuse

the fundimental still intack so ride on.....

Posted by Beginner1989 > 2014-06-12 13:08 | Report Abuse

please shoot up later please. beg you Gadang... then fly to 2.20 please.. omitohuk.. huat ar....

tonylim

4,796 posts

Posted by tonylim > 2014-06-12 13:23 | Report Abuse

..

SJSOON

2,579 posts

Posted by SJSOON > 2014-06-12 13:38 | Report Abuse

Go and watch FIFA, leave it aside. By the time when the next quarterly report is released, the price will have been above 2.00.

Posted by Beginner1989 > 2014-06-12 13:42 | Report Abuse

can't.. i don't like football.. i like gadang only.. so gadang please shoot later..

Posted by Beginner1989 > 2014-06-12 13:43 | Report Abuse

Don't let your fellow shareholders disappointed.. don't puncit halfway.. want shoot shoot till 2.00 then further more..

chongway

340 posts

Posted by chongway > 2014-06-12 14:06 | Report Abuse

Beginner1989 now all eyes on Padang la .....july confirm come bac to GADAND

Posted by Beginner1989 > 2014-06-12 16:24 | Report Abuse

if all eye on padang why gadang went up yesterday...

Posted by Agnes LIm Mamamiya > 2014-06-12 16:57 | Report Abuse

aiya !!!!! this Gadang make me happy only, this morning like rocket shooting up till 1.90, then suddenly boom down, what they trying to up to =.="

Posted by Beginner1989 > 2014-06-12 17:15 | Report Abuse

really have no clues. damn it

riff

226 posts

Posted by riff > 2014-06-12 17:33 | Report Abuse

won RM 350 million rapid project from Petronas. huat ah
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1654977

Posted by Agnes LIm Mamamiya > 2014-06-12 17:44 | Report Abuse

awarded project then should go up what the share, how come going down ah, aiyo....

Yk John

2,699 posts

Posted by Yk John > 2014-06-12 17:52 | Report Abuse

Write a comon news ?

Horng Chi

44 posts

Posted by Horng Chi > 2014-06-12 17:58 | Report Abuse

Gadang Holdings Berhad ("Gadang") is pleased to announce that its wholly-owned subsidiary, Gadang Engineering (M) Sdn Bhd has on 12 June 2014 accepted the Letter of Award ("LOA") dated 11 June 2014 from PETRONAS Refinery and Petrochemical Corporation Sdn Bhd for the award of contract known as "Provision of Phase 2 Site Preparation Works for the Proposed Refinery and Petrochemical Integrated Development (RAPID) Project - Package 18C" ("the Contract") for the total estimated provisional contract price of RM350 million.

The Contract shall commence from the date of the LOA and is expected to be completed by 30 September 2015.

The Contract is expected to contribute positively to the earnings of Gadang Group for the financial years ending 31 May 2015 and 31 May 2016.

None of the directors or major shareholders of Gadang or persons connected with them has any interest, whether direct or indirect, in the Contract.

keelin

170 posts

Posted by keelin > 2014-06-12 18:03 | Report Abuse

Tomorrow top up top up

Yk John

2,699 posts

Posted by Yk John > 2014-06-12 18:03 | Report Abuse

Sell on news?

Icon8888

18,659 posts

Posted by Icon8888 > 2014-06-12 18:11 | Report Abuse

RM350 mil contract to be implemented over 15 months. Even based on conservative assumption of 5% margin, net profit will be RM17.5 mil. This works out to be RM14 mil over 12 months. Gadang reported RM36 mil net profit in past twelve months. This RM14 mil will boast earnings by closed to 40%.

Considered quite material

windz1984

74 posts

Posted by windz1984 > 2014-06-12 18:16 | Report Abuse

Happy for 1 day only

vanc

3 posts

Posted by vanc > 2014-06-12 18:32 | Report Abuse

yeah agreed with Icon8888.. this is considered significant to Gadang.. but I think the profit should be minimum at 10% because this is not their first project in Pengerang.. They have already invested in equipment/machineries for their earlier project in Rapid which can be reused.

vanc

3 posts

Posted by vanc > 2014-06-12 18:34 | Report Abuse

Considering their shares are only 200 million units, the profits generated will improve their PE significantly...

vanc

3 posts

Posted by vanc > 2014-06-12 18:43 | Report Abuse

currently gadang EPS is 10 sen, this project will easily double its EPS

Icon8888

18,659 posts

Posted by Icon8888 > 2014-06-12 18:46 | Report Abuse

Slurp...

Posted by Beginner1989 > 2014-06-12 18:56 | Report Abuse

Huat together tomorrow!

Zai Zai

584 posts

Posted by Zai Zai > 2014-06-12 19:53 | Report Abuse

wah..the insider news so accurate..show up yourself !

keelin

170 posts

Posted by keelin > 2014-06-12 22:24 | Report Abuse

thumbs up!

kakijudi

1,086 posts

Posted by kakijudi > 2014-06-12 22:36 | Report Abuse

Don't be too happy, this news is partially factored in the price already . Tomorrow people will sell on news

Posted by Desmond Goh Kok Seng > 2014-06-12 23:24 | Report Abuse

before news coming out, the share price will climb up slowly, insider will know first. after that insider will inform big hands, big hands will spread so-called insider news, first batch retail buyer that heard the rumour will fry the share price together with big hands, the share price just shoot up all in sudden, when the news coming out only the retail investor rushing to buy, manatau the share price didn't up as expected. that's a saying call buy on rumour, sell on news. it's very true especially at current market condition. anyway if you are long term investor, just ignore the price movement @ short term.

by the way, due to world cup season, the share market seems like a bit quiet recently, not to mention those active counter, as in overall the KLSE volume is low, so please bear in mind if you are planning to buy stock now, you need to stay calm, steady and relax.

nordimohd

1,870 posts

Posted by nordimohd > 2014-06-12 23:30 | Report Abuse

well let see on Monday, but the TA look good...

Posted by Beginner1989 > 2014-06-12 23:59 | Report Abuse

SO what will happen tomorrow? Continue dropping?

SJSOON

2,579 posts

Posted by SJSOON > 2014-06-13 00:06 | Report Abuse

I see there are so many trade-oriented investors here.

Posted by RichandRich > 2014-06-13 00:35 | Report Abuse

Buckle up your seat belt before it flies high.

keelin

170 posts

Posted by keelin > 2014-06-13 08:26 | Report Abuse

Well said, Desmond.

Zai Zai

584 posts

Posted by Zai Zai > 2014-06-13 09:02 | Report Abuse

TP = 2.2 + 0.8(RAPID) = 3.0

keelin

170 posts

Posted by keelin > 2014-06-13 09:30 | Report Abuse

On today opening, it gap by by 0.06.
But the volume not able to sustain the price continue to be raised.

Posted by Beginner1989 > 2014-06-13 09:31 | Report Abuse

yea.. i saw that... unless big investors are coming to raise it.. if not it wouldn't substain! but we should substain it above 1.80

gymkhana

512 posts

Posted by gymkhana > 2014-06-13 09:33 | Report Abuse

350m of RAPID... show time

Posted by Beginner1989 > 2014-06-13 09:34 | Report Abuse

hope today would close at 1.90.. such a big news babe!!!!!!

Posted by Beginner1989 > 2014-06-13 09:47 | Report Abuse

It's gonna shoot up!

Posted by Beginner1989 > 2014-06-13 10:01 | Report Abuse

From the trend. No one is pushing up the price but someone is keep pressing down the prices.. wth

Posted by richman_chua > 2014-06-13 10:27 | Report Abuse

For Investor that still want to wait, please take care OPPORTURNITY AND RISK of right issue on Nov later.

SJSOON

2,579 posts

Posted by SJSOON > 2014-06-13 10:51 | Report Abuse

Somebody is purposely selling down to terrify Gadang's investors so that he could collect the shares at cheaper price.

SJSOON

2,579 posts

Posted by SJSOON > 2014-06-13 10:57 | Report Abuse

Typically, those "coward and short-sighted" investors would sell on positive news to lock in profit. However, shrewd investors with foresight would wait for dumping and collect them at lower price then. When the price drop upon the announcement of good news, ask yourself, "who mess with the stock price and why is there such an irrational price movement?"

Posted by Beginner1989 > 2014-06-13 11:06 | Report Abuse

hey. right issue is not really for stocks as well? is gadang going for right issue?

Posted by Beginner1989 > 2014-06-13 11:07 | Report Abuse

SJSOON. i agree with you. that's why quite frustrated with those investors.

SJSOON

2,579 posts

Posted by SJSOON > 2014-06-13 11:11 | Report Abuse

No right issue. please go and study the company's release a few days ago. The company is going to raise fund through private placement (10% of registered capital). Given the expectation that the company's profit in future is galloping, why worry the dilution effect of private placement? Anyway, it is a good buy.

Posted by RichandRich > 2014-06-13 11:11 | Report Abuse

Coward investors dump it and I take it at cheaper cost.. lots by lots....haha... I reckon it is going to break 2.00 by end of year, better still with additionally some potential for surprises.

Posted by Beginner1989 > 2014-06-13 11:16 | Report Abuse

SJSOON.. hehe i look at someone's reports which i forgot who (i think it was you) and their financial statements to buy this stock..

nordimohd

1,870 posts

Posted by nordimohd > 2014-06-13 12:03 | Report Abuse

so let see by Dec.....but look like the southern strom is coming quietly.....

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