appolloang, the old man hold few hundred million MYR on hand.... do you think he will panic sell ... or just plan to be panic sell... tomoro, if the price down due to that "panic sell" then it is a opportunity for us to buy more gadang share... the discontinue business of palm plantation division also a good thing for company which can save about 1-2 mil MYR yearly.
no good only wanna sell cheap who wanna buy,like in supermarket food stuffs wanna expired only selling cheap. later wanna make a bit kena trap and hold for another quarter like prlexus
congratulation to all my good friends here, gadang has done well this year as promised by the BOD I strongly believe next year, 2018 , is another strong year
the theme for 2016 : "GOING TO THE NEXT LEVEL OF SUSTAINABLE GROWTH" show be maintained for 2017 annual report
Congrats to Gadang and all shareholders! As promised by Kok Onn in last year AGM, this year result is better than last year! And thanks for 3 sen dividend which is higher than last year actually! Easily I already accumulated 10 sen dividends in 2 years XD
Reduced in revenue mainly due to completion of the construction project, but few positive main point in FY17Q4:
(1) PBT 45m, highest track in record
(2) EAT margin improved from 12.34% FY16Q4 to 18.38% FY17Q4 (leading profit margin, > profit margin, > PAT, > EPS)
(3) Income tax expense increased from 24% FY16 to 27% FY17 (current tax rate: 24%). If we calculate the tax rate as 25%, PAT will be 32.5m in FY17Q4(highest in record)
(4) Dividend 3 cents(20% of EPS)
(5) Net cash flow in CFFO 43m FY17, -2m FY16
(6) Reliable & dependable management (In last AGM, management expected that profit for FY17 will be better or above FY16
Perhaps will be a little sell down in short term, but top fund/institution will be happy because can accumulate more shares interest in Gadang.
Leading profit margin in mid size construction company with a proven track record,
Construction order book 1.5b, property unbillled sales 136.2m, recurring revenue from utility
LRT3, hospital project, HSR, Pan Borneo
I still will be my faith Gadang. If we say cannot let go our love, Gadang will be my love XD
When the ship near the bridge, the bridge will bcum straight
tomorrow share price up or not i dont know. only the bankers and operators can control that. in overall this financial yr performed better than last yr in terms of net profit. figures speak for themselves. all i can say the result carries no surprise at all. only thing that can spike up the price now should securing more projects.
I am not going to sell because I am happy with the result
I am not going to buy because I have enough Gadang in my portfolio
if I am not going to buy or sell , then why should I bother the price whether it is up or down tomorrow
but I do bother , in one whole year how much Gadang will bring to me in term of capital gain , I still have half a year to wait , not a big problem indeed to achieve my simple target, the result and the foreseeable future already clearly tell , I will , may be even more ....
now what am I waiting for ?
3 cents dividend ,
tonight I will go into a sweet dream with a big smile, dreaming my family has so much fun outing at a beach resort fully sponsored by this 3 sen dividend
for those who think dividend is not important , i wish to tell you it is indeed important
with this dividend I can bring my family to Bali , stay in one of the top class resort for holiday and fully sponsored by Gadang .
why should I sell my shares and lose my Bali trip and a great company generating more cash for me end of the year while we are enjoying ourselves in Bali
No need to crack our heads thinking whether it will up or down. If up also won't be so much as flying. If down also won't be much. Will be better if can go down a bit when all the kiasu n kiasi dumps. We can pick up some at discount price
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
gosh. still got ppl reading these posts from kyy......speechless.... one day he said gadang still good. after cold eyes said he sold all his gadang the next moment he published another post said gadang is not good....my jaw dropped to the floor...
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....
Dylan Yong Hua Tai
222 posts
Posted by Dylan Yong Hua Tai > 2017-07-26 19:56 | Report Abuse
appolloang, the old man hold few hundred million MYR on hand.... do you think he will panic sell ... or just plan to be panic sell... tomoro, if the price down due to that "panic sell" then it is a opportunity for us to buy more gadang share... the discontinue business of palm plantation division also a good thing for company which can save about 1-2 mil MYR yearly.