Posted by speedlikecy > 2019-05-09 11:11 | Report Abuse

should make the price up, so gadang pp can get more money for business.

Posted by Patrick13 > 2019-05-09 11:37 | Report Abuse

Think from positive side.
The last PP was done on April of 2016. Refer to annual results, FY2016, FY2017 and FY2018 are the best consecutive results to Gadang in the past many years (profit >90m).

Posted by riskabsorber > 2019-05-09 13:34 | Report Abuse

The issue price of the Placement Shares shall be determined and fixed by the Board at a later date (“Price Fixing Date”), after the receipt of Bursa Securities’ approval for the Proposed Private Placement.

The Placement Shares will be priced at not more than 10% discount to the 5-day volume weighted average market price (“5D-VWAP”) of Gadang Shares immediately before the Price Fixing Date.

For illustrative purposes, the 5D-VWAP of Gadang Shares up to and including the LPD is RM0.8241 per Gadang Share. Hence, for the purpose of this announcement, the indicative issue price of the Placement Shares is assumed as RM0.75 per Gadang Share, representing a discount of approximately RM0.0741 or 8.99% to the 5D-VWAP of Gadang Shares up to and including the LPD.

Based on the above, they will purposely push down the price so that the price get lower, I don't think they will push up the price within this period of time. Besides, post PP will drop even further, just refer to JAKS.

Posted by factorrumour > 2019-05-09 21:27 | Report Abuse

hahaha to those who say today will fly

after private placement will be rights issue :D

Posted by Legend > 2019-05-09 22:39 | Report Abuse

Haiyaa..from 0.66 to 0.90...today down 0.04 only...banyak bising...contra kaki punya orang..haha

Posted by riskabsorber > 2019-05-10 09:17 | Report Abuse

Haha, I presume you are not buy at 66sen but is at 90sen. From contra kaki to hold long long kaki.

Posted by SharehlderOppression > 2019-05-10 10:29 | Report Abuse

Gadang's intrinsic value as a company should be worth roughly 91c

Posted by riskabsorber > 2019-05-10 16:38 | Report Abuse

https://klse.i3investor.com/blogs/savemalaysia/205962.jsp

Posted by Patrick13 > 2019-05-10 16:41 | Report Abuse

Gadang-DWL can ready to tender for ECPL project

Posted by riskabsorber > 2019-05-13 09:27 | Report Abuse

I don't think they can get anything from ECRL. Judging from the past performance.

Posted by InvestsucessTrader > 2019-05-13 09:31 | Report Abuse

Even they get the contract by JV, the company gets very little ,as in the star today,

Posted by riskabsorber > 2019-05-13 09:44 | Report Abuse

Yes, I better wait at below 60sen.

Posted by 劉尹光 > 2019-05-13 16:49 | Report Abuse

https://www.thestar.com.my/business/business-news/2019/05/13/i-have-always-acted-on-my-ownwan-khalik-ai-industry-is-experiencing-global-growth/#SY0zzYdylxOgajxK.99

Posted by Crash123456buiA > 2019-05-13 22:14 | Report Abuse

Marketing tmr dropped 52pts, Gadang 0.61

Posted by Crash123456buiA > 2019-05-13 22:15 |

Post removed.Why?

Posted by Charles Chan > 2019-05-14 10:33 | Report Abuse

when is 0.6 come

Posted by kamcheonghui > 2019-05-14 15:16 | Report Abuse

Some sifu what is the potential stock to buy for some gain

Posted by InvestsucessTrader > 2019-05-14 15:20 | Report Abuse

Better buy econpile, every IB recommened ,

Posted by musangking998 > 2019-05-14 15:22 | Report Abuse

Cut now or wait?

Posted by Crash123456buiA > 2019-05-14 19:42 | Report Abuse

Buy tmr 0.98

Posted by gojo > 2019-05-14 19:57 | Report Abuse

tomorrow 0.90

Posted by Jingweihan > 2019-05-16 15:18 | Report Abuse

Slow slow ar

Posted by Avantador > 2019-05-16 15:30 | Report Abuse

Starting to move .....

Posted by birkincollector > 2019-05-16 17:02 | Report Abuse

Green when all construction counters dropped. Submitted ECRL tender officially??

Posted by volks2 > 2019-05-16 17:06 | Report Abuse

got chance?

Posted by lawrgan > 2019-05-16 22:47 | Report Abuse

Sarawak 11billion road projects to be awarded. Announced by Deputy Chief Minister

Posted by lawrgan > 2019-05-16 22:48 | Report Abuse

Think Gadang and DWL will be submitting their tender...

Posted by shamazia > 2019-05-17 08:59 | Report Abuse

Gap up today

Posted by volks2 > 2019-05-17 09:10 | Report Abuse

hope today will touch 88 cents

Posted by Patrick13 > 2019-05-17 09:27 | Report Abuse

By RHB Research

Buy

Target price: 95 sen

THE financial year ending May 31, 2019 (FY19) has been relatively uneventful for Gadang, as it secured new orders amounting to RM136mil as compared to RM475mil in FY18.

The new orders comprised two Tun Razak Exchange (TRX) packages and a fire fighting facility for Rapid Pengerang.

The group’s outstanding construction order book stood at RM1.3bil compared to RM1.6bil a year ago.

The management highlighted that it has been focusing on completing existing jobs to ride out the period of uncertainty.

It is noteworthy that the upcoming completion of the Rapid contract is in June, where Gadang has submitted a variation order that could be recognised in the first half of FY20, if approved.

Gadang also announced that it is forming a pre-bid consortium with DWL Resources Bhd
image: https://cdn.thestar.com.my/Themes/img/chart.png

and will take up a 10% stake in the company for RM18mil.

The group views this as a strategic move as it allows both companies to leverage on each other’s strength to improve their chances in tenders.

Additionally, Gadang noted its interest in participating in the pre-qualification tender for the East Coast Rail Link, as well as tenders for further TRX, Rapid and hospital projects in order to replenish its construction order book.

As for its property division, Gadang’s unbilled sales stood at RM93mil as at Feb 2019, down from RM134mil last year, with only one new launch in Dec 2018 – Putra Perdana which has a gross development value of RM173mil.

Gadang has also revised the joint-venture terms for its Capital City project in Johor Bahru, where it is the landowner.

The revised terms, if approved, could see the company realising RM100mil worth of contra properties as balance payment for its revised RM250mil entitlement sum.

https://www.thestar.com.my/business/business-news/2019/05/17/analyst-reports/

Posted by JUUN > 2019-05-17 09:52 | Report Abuse

https://www.klsescreener.com/v2/news/view/529464

Posted by speedlikecy > 2019-05-17 10:42 | Report Abuse

believe no problem to hit 95sen if secure new project.

Posted by chamlo > 2019-05-17 13:39 | Report Abuse

DWL left 80.5 so lose 10 sen?

Posted by Victor Tan > 2019-05-17 15:18 | Report Abuse

heard confirm prequalify for ECRL

Posted by InvestsucessTrader > 2019-05-17 15:22 | Report Abuse

those already qualify in 2017 pre qualifying tender doesn't need to tender again as stated in the star newspaper last week.( Econpile also already qualify)

Posted by 4444 > 2019-05-19 14:33 | Report Abuse

No official agent or lobbyist of the ECRL project: Contractor
https://www.thesundaily.my/local/no-official-agent-or-lobbyist-of-the-ecrl-project-contractor-GH889822

Posted by anticonman > 2019-05-19 14:54 | Report Abuse

ECRL warns against 'lobbyist' offering contracts in rail project
https://www.malaysiakini.com/news/476678

Posted by lawrgan > 2019-05-19 23:22 | Report Abuse

Pls sell Gadang and DWL as they will not be getting any contract from direct tender.

Posted by c2k9791 > 2019-05-19 23:46 | Report Abuse

Roti Canai news again...hihi

Posted by Patrick13 > 2019-05-20 12:22 | Report Abuse

Why worry? Gadang not afraid for open tender.

Posted by sell > 2019-05-21 21:27 | Report Abuse

Why cannot wait DWL QR before buying?

Posted by lizi > 2019-05-22 14:13 | Report Abuse

look at DWL chart, from 70 plus sen to RM2.00 and back to 70 plus sen in a month.....that's very impressive.....gadang is having paper loss now.....bad trader huh.....

Posted by c2k9791 > 2019-05-22 18:10 | Report Abuse

Wait and see. Trust yourself.

Posted by 3iii > 2019-05-23 16:14 |

Post removed.Why?

Posted by qqq3 > 2019-05-23 16:22 | Report Abuse

don't blame KYY for sacking KC.........


good advisers understand the needs and thinking of those he advises......

Posted by 3iii > 2019-05-23 16:24 | Report Abuse

qqq3

I am of the opinion that KYY's recent investments did not show he has good business sense.

Posted by Patrick13 > 2019-05-24 10:26 | Report Abuse

Sold at 0.80 to secure profit.

Posted by LOKIPAi > 2019-05-27 20:16 | Report Abuse

http://www.theedgemarkets.com/article/pm-no-decision-yet-bumiputera-quota-ecrl-project?type=malaysia

Posted by c2k9791 > 2019-05-27 20:43 | Report Abuse

Beh & Kay not much different actually. I like kay little bit....

Posted by InvestsucessTrader > 2019-05-27 21:24 | Report Abuse

Suggest econpile, QR profit improved 163%,