Marcus Chan of CIMB said the opening of Komtar can make OWG share price flies. I really don't know when market makers will start to take action. Today's trading is really disappointing.

First must be able to stand the bad 1st quarter results (don't know will drop how much before rebounding). Next OWG must obtain the Certificate of Fitness. Then only the official opening ceremony.

Huat 1 said "This stock trading volume is low (not liquid), very low profile (not widely covered by analysts) and it will take time to materialised its missions (therefore you need to have holding power and patience)."

I think starting 1 December 2016, it will start to rocket up.

Volume going down. Price also going down. Closed at RM2.45. Still got 33 market days to The Top official opening on 18 December 2016.

CIMB Research estimates that OWG’s total space in Genting Sky Plaza could be up to 50% more than its current space. Genting target to open Sky Plaza by December 2016, subject to obtain Certificate of Fitness.

Like what Huat1 said the real good things are going to start in December onward, one by one.
Well, expect a BIG ANGPOW for CNY 2017.

Tomorrow is 1 November 2016. Getting nearer and nearer to 18 December 2016 The Top official grand opening. Still got 34 days to go. Don't know when can the breakout happen? CIMB TP: RM5.60.

Can someone share when Sky Avenue and Sky Plaza Genting will be opened?

Can someone share when Sky Avenue and Sky Plaza Genting will be opened?

Yes greatful, the poor results is expected already. But The Top is also very close to 18 December 2016 official opening.

Jurassic Research Centre open at 5th floor, Komtar today.

Tomorrow is the first day of November. It is getting nearer and nearer to 18 December 2016. Market makers, please help to break RM2.50 tomorrow with high volume with the aim of achieving RM3.20 on 19 December 2016.

Can someone share when Sky Avenue and Sky Plaza will open?

Dear Huat1, did you notice after the worst results came out at Q4 22 August 2016, the share price started to climb up everyday. Next month also the same. Instead of going down, it will climb up little by little. CIMB gave RM5.60 TP.

Yes, must break and stay above RM2.50 with high volume for further rise.

Huat1: I believe in its excellent business potential.

OWG already doing well in Genting Highlands and will continue to expand with the new developments up there, Sky Plaza, Premium Outlets and the new theme park.

Komtar is definitely another excellent business for OWG which is going to be launched by 18 December.
=======================================================================

After reading Huat1 posting, I have joined back OWG.

5:45 pm still no results. Will wait until 7 pm.

A T + 3 day closed at RM3.29. It is still green. Not bad. Tonight don't know got result or not? If by 7 pm still none, means for sure tomorrow night (the last day of this quarter).

Mr Koon Yew Yin applied PER of 10 to EPS of 40.7 sen giving a share target price of 40.7 X 10 = 407 sen = RM4.07.

Big sellers appear already. Still no confirmation that results will be released tonight. If not tonight, then tomorrow night.

Tomorrow night 1st quarter results. It is definitely better than last year 1st quarter results. But can it better than previous quarter results?

http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=V&securityCode=9261

Saya fikir besok adalah masa yang sesuai untuk tambah. Jumaat peluang cerah untuk naik. 'Sosfinance' telah mendapat tip daripada pihak pengurusan Gadang bahawa result is better than expected.

Tomorrow got T + 3 selling for last Monday. Then results out. Hopefully it is strong enough to be green on Friday.

Finally the selling stops at RM3.28. These are T + 3 selling for last Friday.

Not sustainable. Hope it can still close in green.

Today T + 3 also got small show. Surprised! See can sustain or not.

Abismail : Ya, atas cadangan En Ooi Teik Bee, kita patut menerima share splits, bonus issues and warrants. Gadang masih lagi under value. Oleh itu, selepas corporate exercise itu, mother share dan warrants akan naik semula dan dari segi pengiraan ia lebih menguntungkan.

27.10.2016 - 1st quarter results
03.11.2016 - EGM
08.11.2016 - Ex dividend 7 sen
? - Ex all for bonus issues and warrants
1st quarter 2017 - MRT2 award

Tomorrow Wednesday and Thursday are T + 3 but Friday will sure to fly.
========================================================================
sosfinance: After the meeting.......... management is conservative........positive (although caution)........... likely results is better than expected. Should the MRT2 contract comes sooner, rerating on upside is likely. (This may be the Part 4). At RM3.20, I believe touching RM4 is possible once MRT2 is secured.
25/10/2016 18:26

Posted by Ooi Teik Bee > Oct 11, 2016 09:22 PM | Report Abuse

Subj : My Miss Universe stock in Construction, Gadang - Stochastic buy on cheap sales

Dear valued clients,

In view of bearish market condition, I take another step to ensure I recommend a strong momentum stock. Hopefully, it will increase my probability to win. My new stricter Technical Buy signal criteria are as follows :-

Please follow the below checklist before a TA Buy call.
Fibonacci Retracement must be above 50% in daily chart - Passed
No 3 months low in daily chart - Passed
More Blue color candles than Red during last 3 months in daily chart - Passed
The stock price must above 20 weeks EMA in weekly chart -Passed
No 3 consecutive Red color candles in Monthly chart - Passed
My stock selection criteria

Below is my stock selection criteria, I want all of you to remember this keyword "UBS GM".
Gadang met all of my stock selection criteria.

TA comes first
U - Up trending stock - Passed
B - Breakout chart - Passed
S - Sector to focus (cross 200 days SMA) - Passed (Construction)

FA comes second
G - Growth > 10% per year - Passed
M - Margin of safety > 30% - Passed

Latest Quarter result released
Please read the below link.
http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=G&securityCode=9261

You can notice that there are profit growth in last 5 quarter results.

Corporate restructuring
On 6th Sept Gadang announced the following:

PROPOSED SHARE SPLIT of one share into 2 shares ;
(II) PROPOSED BONUS ISSUE OF SHARES; one bonus share for every 4 shares after the split.
(III) PROPOSED BONUS ISSUE OF WARRANTS; one convertible warrant for every 4 shares after the split.
Latest announcement
On 23rd Sept 2016

Letter of Award from Kwasa Land Sdn Bhd.

Gadang Holdings Berhad ("Gadang" or "Company") is pleased to announce that it had accepted a Letter of Award from Kwasa Land Sdn Bhd ("Kwasa Land") as its development partner to develop the proposed residential development identified as R3-1 of "Kwasa Damansara Township" District of Petaling Selangor Darul Ehsan.

Recommendation
The price trend is still uptrending, the price consolidated for a period of 1 month since 7 September 2016.
You can notice that there are profit growth in last 5 quarter results.
The company is expected to grow 45% in 2017.
I also like this stock due to net cash of 72 million.
Stochastic Buy around 2.89. You can chase the price until 2.93.
The potential target price is 4.13, a potential gain of 43%. The target price can be higher after corporate restructuring of share split, bonus issue and free warrants.
You had seen the corporate restructuring of VS, Hevea and Gkent, the stock price will skyrocket up after the corporate restructuring. Hence the best strategy is to buy and hold for a minimum of 3 to 6 months. I believe that you will win big on this Miss Universe stock.
Please see the technical chart and FA report attached for your perusal.
Final decision to buy is always yours.

Thank you.
Ooi

Disclaimer :
Please be informed that the aforesaid stocks are solely for the purpose of education only ; it is neither a trading advice nor an invitation to trade. For trading advice, please speak to your remisier or dealer representative.
Final decision to buy is always yours.

OTB sifu recommended us to go through the exercise of splits, bonus issues and free warrants. His target price after corporate exercise is close to RM2.

The One: you sold all your holdings?

Hope it can close at RM3.30.

Aiyoo, Gadang turns red.

It's 4 pm already. Still got one hour to defend itself. Don't know can or not.

Gadang today taking a breather. Friday will charge up again.

http://www.bursamarketplace.com/index.php?ch=24&pg=88&ac=33075&bb=research_article_pdf

Affin Research: Gadang TP: RM4.36

Closed at RM3.31.

I email to Finance Department of Gadang. She replied board meeting is on 27 October 2016. If no big issues are raised, then it will be released after market hours. Insiders already know the results.

No, QR is on 27 October 2016 after market hours.

It's 4 pm already. Can the price RM3.30 hold until 5 pm?

@ The One, very likely 27 October 2016 (after market hours).

Goldenblue, thank you for your support.

Don't know will retrace until what price?

http://www.mymrt.com.my/en/awarded-contracts-ssp

Still got packages V204, V205, V206, V207, V208 and V209 not awarded. Hope Gadang can get one of it.

Mass Rapid Transit Corp Sdn Bhd (MRT Corp) is expected to award all the six remaining viaduct packages, worth more than RM6bil, for the MRT2 project by the first quarter of 2017. It would call for tenders for these packages by the third quarter of this year.

“We believe the existing MRT1 viaduct contractors, especially those that have yet to win anything, will stand a good chance of getting some of the jobs because of their experience with MRT Corp,” a broker said.

http://www.thestar.com.my/business/business-news/2016/07/06/mrt1-contractors-likely-to-gain/

Very likely the 1st quarter results will be released on Thursday 27 October 2016 (after market closed).

sosfinance: After the meeting.......... the management is conservative........positive (although caution)........... likely results is better than expected. Should the MRT2 contract comes sooner, rerating on upside is likely. (This may be the Part 4). At RM3.20, I believe touching RM4 is possible once MRT2 is secured.

Even if the 1st quarter results is very, very excellent, we also have to see whether the market makers want to push up further or they want to sell on news. Very, very tricky.

Net profit must > RM30,499 and EPS must > 13.18 sen. If not mati.

http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=V&securityCode=9261

How much is the stamp duty? Just only tens of ringgit only, is it? No effect I think.