EPF is smart investor team, they come to "sapu" gadang share means who is continue hold the share when the price big drop in the market they are the right decision, I believe share price will move up coming soon few days...
EPF sudah makan kenyang kali ini, baru dia umum kepada semua investor tahu. Selepas orang sudah tahu mereka akan ikut beli, banyak orang beli harga akan tolak naik.... haha...
EPF and KWAP has been well known as the biggest punter in Bursa. They can really drive price up and down. Look out for all the recently beaten down stock like MBSB, Ambank, RHB , MRCB and many more ... No reason for stock like Ambank and RHB to go down to 0.88 -0.86 P/B multiple even the merger fail.
I think this few day price will not move on... a lot of construction counter after last Friday big drop... now mostly move up already.., only gadang "Not ready" to move... haiz...,
Gadang holding book order of 2bil (add-in Hospital project), by estimate 20% profit & all project done in 3-4 years, then will 20cents of EPS annually. If getting LRT3, then will be bonus. Company now in net cash condition, so more capability to give higher dividend. If calculate by PE 8 then will be RM1.60 of target price.
Taking into account projects in hand today, I will not be surprised the average price EPS 20 sen +(average for next 3 years FYE18-20). Fair value should exceed RM1.60 per share.
Mmm...if memory serve me well....this trend occurred during the awarding of MRT. Price was suppressed during the weeks leading up to the award. Thereafter, after some parties have accumulated enough, then the price spike up / trend upwards until the end of the week. Then, the contract was awarded at the end of day. Now, it seems history is to repeat itself. Fingers crossed. Let us pray Gadang wins this LRT contract.
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....
WSP88
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Posted by WSP88 > 2017-08-16 19:34 | Report Abuse
EPF is smart investor team, they come to "sapu" gadang share means who is continue hold the share when the price big drop in the market they are the right decision, I believe share price will move up coming soon few days...