tksw sifu, if have good news i will share here no worry. for now, just hold or collect some while you still can. gadang is entering the zone of 1.3.. so i assume 1.29 is still under discount rate ..
Based on my observation, Gadang's MD is quite a conservative and rationale person. He must have seen the value attained exceeded the price movements or non movements. I remember he mentioned the Company is going after contracts with higher margin. I like his capital allocation skills in biz and hopefully he is as good as his investment skills as well. (If we look back in Oct and Nov 2016, the fluctuation of share prices due to various "issues", he and his senior management gain the most from the ESOS, 86 sen)
I have added a bit before he bought that 2.5m shares. Investment decision is best when it is independently made and based on considered valuation as well as rationale, not just "expectation".
As for when the share price reflect its added value, nobody will know. In a longer run, the gap will reduce as when they realised it from the better results.
Like your sifu WB said, price is what you pay, value is what you get. In a short run, the market is a voting machine, and in the long run, its a weighing machine. Time is a friend for investor and an enemy for speculator.
omg.. again dato kok onn is collecting in the past few days.. I really have a good feeling that gadang will fly soon.. tomorrow will topup for the last discount price 1.3
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....
Collin Soo
894 posts
Posted by Collin Soo > 2017-05-19 21:39 | Report Abuse
The price has been consolidated since mid of March. Please show us breakout chart next week!