today I got a little bit 128.

I just glanced thru the Qtr rpt, actually revenue started picking up back from last immediate qtr la. This means project go smooth la.. not like JAKS project, laf die me, got to deferred and KYY die deng. We not substantial shareholders, dun have to die deng ler... let KYY deng, we avoid the risks and when the situation is clear, then consider la....kakaka KYY already said construction got high risk ma, especially invest abroad..some more JAKS is not very experience in construction ma... they do pipe business last time ma.., no? Gadang different, focus on what they do best. See they try small small on the field they not familiar with, like palm oil, utility... palm oil they now easily chop off, and utility still do it step by step...

caven sifu, you missed the biggest contributor, capital 21. that one not in unbilled sales。 Gadang only sit and wait for money to come in.

cjlim sifu, laf die me this KYY....he go buy JAKS，the company got stuck in projects...kakaka kenot recognised revenue and profit... go bet la...kakaka

1.5 bil project only tok about construction project, housing project not yet count, kakaka

tomolo wait see got ppl sell based on lower revenue or not, kakaka, laf die me. Sell when revenue drop but profit up....and company got 1.5bil contruction in hand which one of it already kicked start. Still got hope to get one hospital project and one LRT3 project... sell la sell la, kakaka

if go 140 I fat tatt lor... huhuhu

buy then wait for 1 year, sure 140 ...

aseng sifu, no la, wait la, 129 got already, scare die me, wait 128 tomolo

wait until mosquito oso slept, still kenot get my 1000 units Gadang 129.....

kasi hutt sama dia

buy big time this time

sell to me, I wait you at 129, 1000 units

aseng sifu, kenot la, sell la sell la

aseng sifu, die liao la...129...

aseng sifu, your Jing Qian Gui cooked become water fish soup liao, kakaka

aseng sifu, together we wait...

kasi hentam kuat-kuat...

Ethanpro sifu， good no good is depend on ppl. for me enough already. next financial year geng lor, Gadang. Contribution from Capital City already can cover 100mil profit at least. Others are additional bonus. MRT2 and the affordable housing kick in starting from next year, after next year will contribute more profit figure as the work progress, and Kwasa land project kicks in 2019 to continue the story. TRX City project oso should start work soon. Then the company is waiting for Hospital Project and LRT 3 project. If they strike one... walaueh, 3-5 years dun have to worry on the prospect liao, and 3-5 years cannot bid new project meh?

kokokai sifu, closing 885, lost die you, kakaka

waaa. rebound on the eighth tomorrow...

Larrytrader sifu, last AGM bossy already said at least same as last year ma... so you use last year results minus this year first 3 Qtr ma know coming qtr liao lor, plus or minus oni.

laf die me, die deng, one day when kennot deng....holand ...

hospital projects oso one by one

rapid, projects, LRT projects, MRT projects, all like that one... si-beh clever.

water concession oso like that, once they get hands on and tasted the sweetness, more to come...

This Gadang veli smart, new venture try out first, no big capital out. see they pulled out from palm oil so easy

keke sifu, solar power that Gadang do is a small one, try water.

secret sifu, Qtr results last AGM already know liao... kakaka

Some more they said DISSAPOINTED .....

the report is not for TA's client only hor... it is publish in Bursa Website and available to public. and all newspaper reported about this...

Laf die me the TA analyst said CONSERVATIVE VALUATION of the business (actually they wanna said land) is 52mil... Harlo... are they implying that Gadang management is way beyond stupid to sell the business at 15mil? Gadang in trouble?

Gadang didn't own the land la, just sub-lease the land for 30 years, then developed it into palm oil plantation. total iinvestment cost is 17 mil, loss money and get rid of it with 1.5 mil loss at last. That is a wise decision as they can take back the cash for more profitable business which they are good at. Together with the money they got from ESOS. Gadang wil be in better position to bid more projects and to run their business smoothly. Of course the chance of paying dividend is increase.

Below info is from 2009 annual report：

On 30 April 2009, Desiran Impian Sdn Bhd (“Desiran Impian”)
entered into two (2) joint development agreements to develop
a total of 5,181 acres agriculture lands at Ranau, Sabah
into oil palm plantations. The landowners shall sub-lease
the lands to Desiran Impian for the purpose of cultivating,
developing, maintaining and upkeeping the lands into oil palm
plantations and to undertake other ancillary/related activities
on a commercial scale on the lands at Desiran Impian’s own
cost and expense.
The term for the Agreements for the lands is thirty (30) years
and shall be extended for an additional term of thirty (30)
years with a right of further extension for an additional term
of thirty (30) years or the remaining lease period in the titles
(whichever is earlier) or such other mutually agreed period.

It is a vast difference of +-40 mil we are talking about. relatively huge if compare to Gadang PBT

SOS finance sifu, we layman make mistake is ok. but as an analyst, they are professional and they have certain privileges on certain information. They should have been careful when making assumption. Such silly mistake is way too obvious and too unacceptable as a layman with poor england like me can spot...

sos finance sifu, itu ICON sifu throw away Gadang liao, may be you write one article to shoot this TA report, can?

This piece of news even worse. https://klse.i3investor.com/servlets/stk/9261.jsp at least TA mentioned Gadang is selling its Plantation Business, although they they confused people by saying the business conservatively worth 52mil, using 25k per hectare to calculate. This paper change the whole thing to selling oil palm estate.... But one can say this is because TA report is so misleading.

SOS finance sifu, today I scolded TA analyst few times oso got deleted by people. Something very weird.

sosfinance sifu, simple la, the employees not share market fans la, they also may not have so much cash to buy ESOS la. Some of them, you see hor, buy ESOS second time after they sold in open market. If they dun have all the cash to buy all ESOS allocated to them, or even if they have but scare by the time they got the shares the price drop, They will take the approach of buying batch by batch. For Gadang, they can buy 1 batch, sold it and buy 1.5 time more ESOS and sell in open market until they take up all ESOS allocated to them la.

kokokai sifu, already tomorrow of tomorrow of tomorrow of tomorrow of tomorrow of tomorrow of tomorrow liao wor...stil not fly one? drop down gto la. kakaka

Anyone sold Gadang based on TA report please go sue them

no wonder I can get gadang at 128 last week....

ICON SIFU！！！ You here or not? I need your help to write an article to shoot itu TA analyst. Jilakak this analyst, go tok Gadang plantation units valuation conservatively oso 50+ mil, Gadang sold 15mil, dissapointed. Gadang subsidiary dun even own the land. Tok rubbish that analyst.

RainT sifu, so what is the reason gadang has PE10.? Is Gadang PE10 meaning is undervalued or not?

better than pay high bonuses, that time the EPS suffer

Jun Yi Lim sifu, Gadang reward its employees ma...

those directors are subsidiaries directors ler..

U check check last tim and see, I cant find buy sell record

keke sifu，these are the staff who dun normally buy shares ler, they quick quick take the money