Posted by StevenApr > 2014-07-03 16:04 | Report Abuse

http://www.theedgemalaysia.com/business-news/297355-gadang-completes-power-buy-in-indonesia.html

Posted by nordimohd > 2014-07-03 16:46 | Report Abuse

StevenApr TQ for sharing info...

Posted by _redbull_ > 2014-07-03 17:19 | Report Abuse

When the person silently collecting @ 1.85 for too long, volume dwindling, he will have no choice but take it from *ask* Q

Posted by CHONGWAY > 2014-07-03 19:12 | Report Abuse

IF KOK ONN want to privatise ...how he plan the share price ? just worried...

Posted by _redbull_ > 2014-07-03 19:48 | Report Abuse

Privatise ? Won't happen, just done with private placement.

Posted by CHONGWAY > 2014-07-03 21:04 | Report Abuse

somebody keepcontroling the share price like oliviakeong said..i worried like SBC corp..even huge space undervalue but cannot perform .. total share volume just 200 m

Posted by wahaha > 2014-07-03 21:35 | Report Abuse

Can anyone explains what does private placement means?

Posted by malaysian > 2014-07-03 21:40 | Report Abuse

Private placement= free money = print share get cash= Malaysia Boleh !!!!!

Posted by CHONGWAY > 2014-07-04 00:36 | Report Abuse

i think normally just use tambun as example last sept to dec tambun private placement 10 % share

price dont know why have to be consolidation for 4 month 1.40 then fly now 2.26 ..

I Still trust YOU GADANG ! Tan sri Kok Onn... wu man man tan ..durian durian

Posted by sjsoon > 2014-07-04 06:50 | Report Abuse

Private placement is not negative per se. It could be one of the efficient way to raise fund to the management.

Posted by tonylim > 2014-07-04 08:57 | Report Abuse

Yes sjsoon

Posted by _redbull_ > 2014-07-04 10:52 | Report Abuse

June 30 breakout didn't happen, today got a little bit of force sell.

Posted by FPCInvestor > 2014-07-04 11:08 | Report Abuse

Damn..shud I Jz sell it out?haiyo..y wil drop?

Posted by Lim Chee Chiang > 2014-07-04 11:09 | Report Abuse

shares price drop till 1.8 ... any idea ?

Posted by _redbull_ > 2014-07-04 11:11 | Report Abuse

haha...you still want to sell?

Posted by windz1984 > 2014-07-04 11:12 | Report Abuse

Haih, drop by again

Posted by Lim Chee Chiang > 2014-07-04 11:13 | Report Abuse

_redbull_ >> dont know wor ...any idea ?

Posted by _redbull_ > 2014-07-04 11:14 | Report Abuse

I goyang kaki & watch
:P

Posted by Lim Chee Chiang > 2014-07-04 11:17 | Report Abuse

_redbull_ >> good idea ... watch them show ...

Posted by nordimohd > 2014-07-04 11:20 | Report Abuse

if can drop to rm1.70, it is good buy....

Posted by bboycs > 2014-07-04 11:26 | Report Abuse

lol.. same technique apply again..
震仓。。。
stay if you waiting beautiful financial result release in this month..
sell if you no confidence

Posted by Lim Chee Chiang > 2014-07-04 11:27 | Report Abuse

bboycs >> when he appply this technique ???

Posted by JT5774 > 2014-07-04 11:30 | Report Abuse

Who buy the 10% Private Placement Shares. Anybody know?

Posted by bboycs > 2014-07-04 11:36 | Report Abuse

Lim Chee Chiang you look the chart from around end of april to june

Posted by Tornado > 2014-07-04 11:40 | Report Abuse

buying opportunity ?

Posted by nordimohd > 2014-07-04 11:40 | Report Abuse

may be the pp is done@rm1.68, that why the price drop n may go down to rm1.68 i.e diluted less 10%...???

Posted by _redbull_ > 2014-07-04 11:44 | Report Abuse

Private placement has nothing to do with open market / PP shares aren't free float for you all to trade

Posted by FPCInvestor > 2014-07-04 11:46 | Report Abuse

ok..i decided to collect more if its drop below 1.7

Posted by bboycs > 2014-07-04 11:47 | Report Abuse

（吉隆坡3日訊）嘉登（GADANG，9261，主要板建築）印尼收購公司計劃獲當地主要官員放行，正式完成是項交易。

　該公司向馬證交所報備，收購當地PT. Ikhwan Mega Power計劃獲印尼法律及人權部長通過，通知書函誌期6月26日，公司本月2日接獲該正式通知。

　文告指出，該公司是透過Asian Utilities展開收購，計劃完成后該印尼公司將成為嘉登間接子公司。

　嘉登早在去年5月已提出入股建議，認購印尼公司8000股新股，相等于擴大股本的60%。

Posted by Lim Chee Chiang > 2014-07-04 11:57 | Report Abuse

izzit should be a good news ? why share price drop ?

Posted by kkteng70 > 2014-07-04 12:16 | Report Abuse

any one can translate what is that mean ? Pls

Posted by chatterbox > 2014-07-04 12:20 | Report Abuse

kkteng: the abv from bboy are the same report from bursa herewith enclosed:
Description GADANG HOLDINGS BERHAD ("GADANG" OR "THE COMPANY")
PROPOSED SUBSCRIPTION OF 60% EQUITY INTEREST IN PT. IKHWAN MEGA POWER




Reference is made to the announcement dated 2 May 2013 in relation to the proposed subscription of 9,000 new shares of Rupiah (IDR) 1,000,000 (one million Rupiah) each ("Shares") representing 60% of the enlarged issued share capital of PT. Ikhwan Mega Power ("PTIMP") by the Company's indirect wholly-owned subsidiary, Asian Utilities Pte Ltd ("AUPL").

Gadang is pleased to announce that the subscription of Shares in PTIMP was completed on 26 June 2014 following the approval being obtained from the Indonesia Minister of Laws and Human Rights, via its letter dated 26 June 2014 (which was received on 2 July 2014). With this completion, PTIMP became an indirect subsidiary of the Company.

Posted by Horng Chi > 2014-07-04 12:33 | Report Abuse

sold share to collect money on Tuesday...

Posted by Govin Chuah > 2014-07-04 12:33 | Report Abuse

-3.76% ..

Posted by CHONGWAY > 2014-07-04 12:42 | Report Abuse

WHy ? want to take money for raya? DONT fear so much friends ..price still reflect fundamental

Posted by nordimohd > 2014-07-04 12:54 | Report Abuse

announcement today after mid day mkt close :
...so it done deal, may be the cause of today sell off....???

Reference is made to the announcements dated 23 May 2014, 27 May 2014, 2 June 2014, 27 June 2014 and 3 July 2014 in relation to the Private Placement.
On behalf of the Board of Directors of Gadang, RHB Investment Bank Berhad is pleased to announce that on 4 July 2014, 19,669,900 new ordinary shares of RM1.00 each in Gadang were listed and quoted on the Main Market of Bursa Malaysia Securities Berhad representing 10.0% of the issued and paid-up share capital of Gadang.
As a result, the Private Placement is deemed completed.
This announcement is dated 4 July 2014.

Posted by kkteng70 > 2014-07-04 12:57 | Report Abuse

sell ?

Posted by nordimohd > 2014-07-04 12:58 | Report Abuse

so now gadang reacher by rm33mil ??? to move ahead....

Posted by nordimohd > 2014-07-04 12:59 | Report Abuse

buy ..buy....

Posted by _redbull_ > 2014-07-04 13:06 | Report Abuse

Maybe some shareholder don't like the dilution of 10% but if they can deliver a few more sen eps coming quarter, then the dilution is almost nothing.

Posted by nordimohd > 2014-07-04 13:09 | Report Abuse

so rm33mil is translated to about 15sen/unit..so the value per unit suppose to become rm 1.93...???i.e 15sen +rm1.78...????

that my layman logic...

any opinion on this guys...??

Posted by vicky > 2014-07-04 14:48 | Report Abuse

so, should hold it or sell it?

Posted by Lim Chee Chiang > 2014-07-04 14:54 | Report Abuse

conclusion ?

Posted by bboycs > 2014-07-04 15:08 | Report Abuse

conclusion..
sell if you not trust what you bought
hold if you believe it
this is what i will do for this counter so far..

Posted by nordimohd > 2014-07-04 15:42 | Report Abuse

wait n see...if drop to 1.70 buy some more...

Posted by ekhwan34 > 2014-07-04 15:45 | Report Abuse

the drop might be due to some investors feel there are dilution as a resilt of PP. PP only consist of 10% @ RM1.68. by right price wont go down till RM1.68 as only 10% PP. if it go till RM1.68 or close to it, it shows investors not confident of the plan behind the PP. I guess the price of RM1.80 or so now is the right price of the co, but i suspect will go down just a little bit more... linger around there for a while and shoot up later, esp when the quarterly result come.
No worries on this stock - just that whether you are patient to wait or not.

Posted by ekhwan34 > 2014-07-04 15:48 | Report Abuse

so rm33mil is translated to about 15sen/unit..so the value per unit suppose to become rm 1.93...???i.e 15sen +rm1.78...????

you should look at the computation made by Gadang in their earlier announcement. Please read. Price should go down instead of up due to PP.

Posted by NikoRosberg > 2014-07-04 17:47 | Report Abuse

i thought pp is old news

Posted by njue76 > 2014-07-04 19:02 | Report Abuse

damm...buy at 1.86 yesterday...

Posted by nordimohd > 2014-07-04 19:23 | Report Abuse

yes NikoRosberg the proposal n approval few months old but the execution just done...