8 out of 11 contractors for MRT1 were awarded the viaduct contracts. 3 more contractors yet to get it, you guess it right, Gadang is one of them. Hmmm....... Will one MRT2 contract better than Kwasa Land, Puchong Land, Damansara Perdana & Solar energy contracts? Apparently yes.
Pre Bonus sold at RM2.90 + sell foc warrant (half) RM0.24 + Dividend RM0.07= RM3.21 Now buy at RM1.11 (or RM2.78 pre bonus/warrants/div). He made 43 sen or 15% per share (assuming the amount he sold is equivalent what he buy back), in a couple of months, not bad.
Perhaps, he is trying to tell, Gadang may be getting new contracts soon? The number he buys back at the moment is small (<5%) vs amount he sold.
Dun think he can do that lol.market is a free place ppl buy and sell.unless hes a very popular investor and he got huge sum of money like millions.and even if he have that amount..i dun think he will be that dump to throw all the money in one share
if you buy, it will never go up too much. cos why should penggoreng goreng if they dun have Gadang son? you bot all already ma... oni when penggoreng got a lot of Gadang son than they have to goreng to sell it. now is a dangerous time to buy Gadang son, cos penggoreng sell it, they took all the profit and retailers wont be able to pull up the price.
that is the reasons why most of the time the share price shoot up after you sell, and fell if you buy. espeacially when the price is high. and Gadang son is simply high...Gadang need to be 152 to justify 46sen... you think Gadang can reach 152 or not? and that is only justify... even Kok Onn think difficult...
Gadang son max up to 48sen cos Kok Onn sell at this price.. if you are the penggoreng, you wanna pay more,,, millions of funds is needed just to take kok onn bullets... other major shareholders leh?
hunger sifu, I am sure you know theorectically, son should follow mother ma. mother move 20 sen, son follow 20 sen, son will gain more than mother in term of %age as its cost is much lower. that's why ppl still can pay some premium for higher return. but in Gadang case, KYY and a few sifu here said Gadang no hope liao and they are influential, so for the price of 46 sen, it is very risky. What if the penggoreng just dump it and never look back? they past the risk to the buyers and buying mother for less risk. selling 46 sen, they need to fork out 64 sen to buy mother shares... and they can put their money to goreng mother shares only, after all they can goreng mother shares up to 140 then only buy back Gadang son. cos if they dun buy the son, the son can hardly go up...
we as retailers, dun have the privy of info like the penggoreng, why take higher risk for higher return? buying gadang son even at the rational price is consider higher risk already, 40% premium actully to me it's more than 100% --- if warrant expired next Monday, completely burn la...
last time, you stil can get the share cert/warrant paper and used it to do maths calculation, or as toilet paper, now you dun even have a piece of paper...
this Gadang son, you can only let the penggoreng earn.... if they are really collecting your shares, no other option but only to fry up to get ppl chase... you buy the mother, more chances to gain, as to fry son, mother got to go up, else difficult to up... their cost is increasing cos need to pay GST, kakaka
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
caveatemptor2050
106 posts
Posted by caveatemptor2050 > 2017-02-23 20:28 | Report Abuse
Technically should be going up again. But it is not! I wonder whether uncle Koon is selling off all to raise finance for his generous donation to USM.