What is your opinions on the latest quarter result? Pleas share.

Add on:

I think the management did very well in controlling the profit margin. The eps just dropped a little bit only after the 10% private placement. Also, the comprehensive income increased 123% from 4,178,000 to 9,341,000. NTA: 1.57

BUY when it drops below 1.40.

Revenue dropped but the profit margin from construction increased. The increase of property's profit was due to Capital21. Utility's profit becomes stable. Plantation's profit increased a bit.

According to the board, they expects the performance for the current financial year to be better than that achieved in the previous financial year due to:-
-the sustainable earnings stream from the on-going construction projects,
-the continuous sales activities generated by the flagship projects of the property division, and
- the stable earnings from the Indonesian utility operations.

Suggestion: HOLD

By the way, i think the critical reason of the dropping of eps was the "other expenses" and "financial cost".

"other expenses" - from (3760) to (7213)
"financial cost" - from (363) to (757)

If they didn't increase sharply, definitely the eps will more than 4.20.

This is my analysis. What do you all think?

Elsoft is a very bad company. Don't buy it...... (hehehehehe........)

KingPro, please keep quiet now. Otherwise, we can't buy more before fly. Delete your messages, please. Thanks!

Major shareholders bought a lot of shares these few days. I think the news of the Sun Con, dividend and bonus shares are going to release soon.

last year 2nd quarter's eps was 4.20. Last quarter was already 4.41. It shouldn't be a problem to increase more than 4.20. The NTA will be at least 1.60 . Now is 1.35. Can buy more.....

Gadang WA will be more attractive if Capital21 has good sales and reflect the profit in the next quarter.

wongchowsang, long time no see. I thought you are hiding. The price might possibly jump down to 1.00. Any prices are possible in the current market.

apini, make sure u will inform us before cabut..... :)

WA now is 0.80. Mother is 3.36. Exercise price is 2.50. Guess what happen......

"Gadang targeting RM75 million pre-tax profit for FY15" - Shouldn't be a problem. Pre-tax profit for FY14 is RM63.451 million. Hopefully Capital 21 will boost up the profit.

According to a investor in Investalks, he met cold eye in the Gadang AGM. Cold eye bought 3500lot during mid of Oct. CEO of Gadang told him that the bonus issue will be given in FY16. Not sure this is true or not.

Anyway, let's analyse the every quarter result together and share the latest news here!

I buy some today @1.41. Good prospect of Gadang. NTA:RM1.57. Definitely, government budget will be very tight as the oil price down. But, construction is still the locomotive of Malaysia's economic growth in the next few years.

CHONGWAY, I have sent an email to your yahoo mail just now. You may send the info about Gadang to my email. Thanks!!

Anyone planning to buy Gadang if it drops to 1.40?

preparing bullets to buy low again.......

What will happen to the exercise price of WA after Sunway Contruction listed? Anyone knows?

Congratulation, apini! Got some money to buy the tarik. Luckily, I didn't bring you to Holland. Cold eye effect is not play play. I have confidence on my calculation based on the internal value of Gadang.

I observed mother shares and WA for half year already. The difference of them is always 10 cents after adding up the exercise price of RM1.00. Icon8888, if RM3 is achievable next year, the price of WA will be 2.10. Please don't go up sharply as I haven't bought enough.

Calling bear market news again........ The investors who sold it cheap last 2 weeks are possibly crying now because it's recovering power.

apini, if we buy in around 0.50 last week, your return is 50% in two days. I prefer bear market news, so I can buy more. Preparing bullets for next round.

chongway, thinking of buying wa again? I think most of the WA investors will start selling their shares after the release of the 4th quarter result in the end of July. If 32 cents is achievable, the theoretical price for WA might be 1.66 (PE 8). Isn't attractive? Haha.....

From the quarterly report, the profit of the capita21 seems not counted in yet. It caused the lower profit for property segment. I expect the next quarter eps will hit 5 sen. Any new contract announcement will definitely bring Gadang to 1.9X again. But, be careful of the end of the QE. When QE stops, money will flow back to US. Foreign investors will do the selling desperately and cause the market sentiment down again. I suggest not to all in 100% of your money. Prepare some bullets to buy it again.

calling WCS..... where is the target price?

Cold Eye- 1,500,000 mother shares and 300,000 WA. I think he just bought it and become one of the 30 largest shareholders these few months because some investors are actively tracing his shares (30 largest) but found no Gadang up to August.

BUSINESS PROSPECTS

The Board expects the performance for the current financial year to further improve in tandem with the strong outstanding order book of some RM1.3 billion for the Construction Division as the core revenue generator for the Group. The Group’s Property Division shall continue to perform well with a total pipeline Gross Development Value of RM2.0 billion, comprising on-going developments in Cyberjaya, Bandar Puncak Sena township in Kedah, the remaining phases of The Vyne and the Capital City joint development project. The positive contribution from Utility Division is expected to continue.

Source: Quarterly rpt on consolidated results for the financial period ended 31/8/2014 - pg15

Market is always without logic. Just be patient for our target price.

calling target price....... calling target price.........

tietrading, share price is unpredictable. Big players might change the plan anytime. Who knows? Really hope that it can jump to our target price.

apini, ya..... prepare our bullets and fire at our target price.

Gadang's share price is being pushing down....... till 1.20?

Thanks and congratulation to nordimohd. As for you, buying mother is better.

CHONGWAY, I think my plan works. 1.2 to 1.5 shouldn't be a problem when it rebounds. If we average down our WA, we can get back our principal sooner. What do u think?

if 1.20 is true, WA will be around 0.30. If the rebound is so sure according to wongchowsang, 1.20 to 1.50 is 25%. But, for son is 100% return. kikiki...... Ya, mother share is definitely safer than wa.

Just collect the opinions from everyone about buying mother or son.

kglim, us market sentiment will have the domino effect on us during this period.

nordimohd, i have some sons. Just wondering whether buy mother and son together or only mother. What to do with the sons? Actually, not many. Maybe just leave it.

apini, I am confident for the eps of Gadang in 2015. Rebound sure happen after the Ebola issue.

high risk high return~~ haha, sudah gila.

Ebola will definitely make the US market sentiment down again. Gadang may drop to 1.20 easily tomorrow without any stock price manipulation. Since, the Gadang might rebound after few months later, is it better to buy the mother share or WA to get the higher profit? What do u think guys?

wongchowsang, tq for your explanation. In fact, from April 2014, Gadang rose sharply heading to 2.00. No matter how good of Gadang in the future (budget 2015), buying it in high price is always not a good deal. So, manipulation is the only way to make it cheaper. Actually, no serious economic crash is found yet but market fell too much suddenly.

A noteworthy matter is no any substantial shareholders buying or selling Gadang yet since last Wednesday (no official announcements). I guess they just hold it and accumulate it secretly. By the way, I saw the Sunway continue its share buy back regardless of the market crash. One thing for sure, no matter how bad of the US market or how many market crash, the nasdaq or Dow index are in increasing trend in the long run. History tells us that Warren Buffet bought stocks in lower price during the market crash and keep it in the long run to against the short term market crash. This is how he became rich.

We, as the small traders, will easily be influenced by the market. When the good news spread, we buy high. When the bas news spread, we sell low. That's why small traders can't make big money in the market.

Good luck, everyone......

If 1.20 is true, I can conclude that the market crash is simply due to stock price manipulation by big players. Exchanging the stocks in different accounts with lower stock prices and creating the bad news in the market. Then, they can largely accumulate the stocks in lower price and exchanging the stocks in different accounts again to create a phenomenon of rebound. There are many journal articles reported the inside of the stock price manipulation.

if 1.20 is true, approximately need another 2 days. 1.33 - 5% = 1.26 (Friday) | 1.26 - 5% = 1.20 (Monday). wongchowsang, why so secret?

http://www.usatoday.com/story/money/markets/2014/10/15/investors-markets-reaction/17297351/

Fortune teller is announcing the FACT of the Gadang share price? Please stop spreading the rumours and go back to study the fundamental of Gadang and its earning potential. The share price is greatly influenced by the US market, quit of QE3, GST and the market sentiment on the budget 2015. They are nothing to do with Gadang's performance. The fact is Gadang will secure more construction contracts under the budget 2015 and have better eps in the future for sure.

apini, I am on the same boat with you.

Spongebob, I agree. Before the announcement of the budget, the highest total traded volume per day is less than 1.5%, now is less than 1%. The substantial shareholders didn't even sell any single share last week.

Again, I am looking to buy low as a long term investor.

http://www.thestar.com.my/Business/Business-News/2014/10/11/Boon-for-construction-Proposed-MRT-and-LRT-extension-projects-will-further-boost-the-sector/

I am quite happy to see the price dropping to 1.30. While government is going to announce more construction and LRT 3 contracts in the future, collecting the Gadang is always the better decision in lower price. Please crazy sell your Gadang shares now till 1.30..... I am waiting for it.

MRT(profit 5%=6000)
+ The Vyne 1KL(profit 15%=10000)
+ Capital City Johor(profit 12.5%=54000)
+ Prima 1 Cyberjaya (profit 7%=3450)
+ water treatment (profit = 3000)
+ Pokok Sena Kedah (profit 5% =1400)

Total = 77850 (excluding the Petronas Rapid project)
Share Capital = 196691
estimated EPS in 2015 = 0.40

Chongway, if the sales of Capital 21 is good as you said, the eps may hit 0.40 in 2015 undoubtedly.

caiyidesign, I don't think stock market is suitable for you. Gadang might not suit you if you are short term investor. Please put your money in FD to secure the safe investment return. I am looking for good return of Gadang next year.

apini, can you imagine the eps of Gadang in 2015 when we count the profit of Petronas Rapid project in? Happy trading..... We are truly the final winners if we hold it till next few years.

MRT(profit 5%=6000)
+ The Vyne 1KL(profit 15%=10000)
+ Capital City Johor(profit 12.5%=54000)
+ Prima 1 Cyberjaya (profit 7%=3450)
+ water treatment (profit = 3000)
+ Pokok Sena Kedah (profit 5% =1400)

Total = 77850 (excluding the Petronas Rapid project)
Share Capital = 196691
estimated EPS in 2015 = 0.40
PE = very low

That's why I said 1.58 is a steal.

Gadang is definitely a steal now at 1.58 by considering its future growth in construction and properties. I think market now is a bit bearish but this is a good time to buy good stock like Gadang. I missed the price of 1.58 few months ago. Now, I will accumulate it when it drops below 1.55.