Since the end of 2016, Gadang Holdings (KLSE: 9261) has undergone around 290% drop in its price. It is currently trading at MYR 0.9, as of 23 March 2018, its 52 week low.
In spite of the low market sentiment and cheap price, its directors are keeping on purchasing the shares at a huge volume.
This reminds me of a quote from Peter Lynch,
“Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise”
With such a huge drop and insiders buying, will it be a good time to buy into it?
Read on to find out more about its fundamentals.
Gadang Holdings Profile
Gadang Holdings Bhd along with its subsidiaries is engaged in civil engineering and construction, property development, utility businesses, mechanical and electrical engineering services.
1. Civil Engineering and Building Construction
Gadang Holdings, through ......