Cash is king. Wait till second quarter results. Expected huge losses.

MCO extended. Bye bye GenM

A lot of retirees depends on dividend to survive. Gkent used to be a good dividend stock. But now look like we can't depend on. Maybe Gkent should stop SBB and use the money for dividend.

After CMCO, Casino only allow 2 person sitting in 1 table. Everyone need to line up to go in.

Sslee......just sell all your Gkent shares and no need to worry so much.

Gkent can still making profit during such a bad time. A lot big company like G3 & Gpacket losing a lot of money share price still so high.

Gkent cancel Q4'19 Dividend and use the money for more SBB to support the price from falling. So it won't go down too low. Don't worry. If goes down time to buy more.

When a lot of good news asking you to buy, You better sell when price goes up. Syndicate will ask news paper to write good news in order for them to sell. When a lot of bad news and the price is very cheap, then you should buy and keep for long term.

I expect no more dividend for the next few quarters.

Wait until price goes back below RM2 only safe to buy.

If casino each table only allow 2 person, then have to line up long long to gamble.

Partial release of MCO but casino and hotel still not allow to open. No places is allowed to have big group of people or gethering. So Genting still have to wait long long.

Q4'19 last quarter no dividend. Doesn't mean 2020 no dividend.

Engineering - The Group continued to execute Hospital Tanjung Karang and Hospital Endokrin Putrajaya.
The Group is concluding work on some variation orders for the LRT2 project. It is also continuing to
execute the LRT3 project, the contract for which was signed by its joint-venture company MRCB George Kent Sdn Bhd on 25 January 2019 for RM11.4 billion. Civil construction works were undertaken albeit at a reduced pace in the year under review. Progress should pick up in the coming months.

In response to the COVID-19 pandemic, . The Group received on 19 April 2020 the Ministry of International Trade and Industry’s approval to resume its manufacturing activities during the MCO under strict labour movement conditions. This enabled the Group to reactivate its production line on 20 April 2020, albeit on a limited scale. Subsequently, the Government announced that companies in the approved economic sectors are permitted to operate with full workforce capacity and without limitation in operating time effective 29 April 2020, again under strict labour movement conditions. Whilst the Group is taking steps to return to normalcy, it will take time for the production to gradually reach full capacity.

Going forward, the Group will continue to exercise prudence in its business dealings, improving the
Group's financial and operational efficiency and drastically reducing costs. Whilst the Group expects some disruptions to its performance, the Group is cautiously optimistic of its prospects.

NTA every quarter continue going up to 92.56 cents. Current price 68.5 cents is actually below actual worth. I don't mind if it goes private and pay us accordingly factor with goodwill around RM1.20.

Never learn. Keep chasing.

Profit taking. Sold

Expect next quarter result very BAD. Almost zero revenue ?

Imagine after MCO, Casino will be like wet market, need to wait and line up to go in.
Each table only allow not more than 3 persons. Each row of machine can only allow 2 person.
Do you think revenue can maintain ?

I expect KIN FAI INTERNATIONAL LIMITED will continue buy more and more share from open Market and become one of the major share holder.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3045869

Company has share buy back - 5.95 %
KIN FAI INTERNATIONAL LIMITED - 5.04 %

Meaning 10.99% share bought in open market. there will be 10.99% less share.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3045849

Name KIN FAI INTERNATIONAL LIMITED
Address Vistra Corporate Services Centre,
Wickhams Cay II, Road Town, Tortola,VG1110
Virgin Islands, British

Became a substantial shareholder by virtue of its existing shares held in the Company, where a total of 33,517,800 ordinary shares bought back by the Company and held as treasury shares as at 22 April 2020 was excluded in calculating the percentage of its shares held in the Company, which resulting its equity interest increased to 5.037%.

Direct (units) -26,687,499
Direct (%) - 5.037

Hi Philip,
Please advise ? good or bad ?

All construction projects like MRT & LRT allow to start construction.

Buy now buy fast. Once MCO over, market up all the way. Gkent back to above RM1.00

Philip...." If they announce a 1 cent dividend, I will have around rm68k+, which I can buy around 100k shares, which I can only increase my shareholdings by 1.47%."

Philip....you are very rich. Please use all your dividend money to buy more. I hope Gkent bosses doing the same.

Actually I am also waiting for my dividend money to buy more. Hopefully can get 2 %.

If Gkent have the time to do SBB, why not spending more time prepare the quarterly results ? Just can't wait to know whether got any more dividend ?

Philip....how I wish you are a multi millionaire. Today SBB also cannot support the price. If you are Gkent boss, I am sure the price above $2. Just don't understand why so many seller ?

There is no way Gkent can go back to RM4. But I still feel that Gkent should worth RM1.60. Anyhow at current price, it is the best stock to invest with basically zero risks and best dividend return.

Better guess when is the result and dividend %

If not because of the Virus, Gkent should be above RM1.00

Some of the good company Directors taking this opportunity buying back share in open market since the share price is low. But D'nonce bosses just doing nothing. Very Disappointed.

Dividend % based on today price is 12.28%. One of the highest dividend % in KLSE. Better than putting money in FD & EPF

How many Philip do we have, it is the same Philip ?

There are a few people in i3investors really make people hate them. Keep on Writing nonsense.

Sslee ....if you want to earn fast money, go for counter with big volume and below 20 cents. Gkent are for long term investors and not suitable for contra player.

calvintaneng --- NETX is a lousy company making huge losses.

Gkent - is a good company making profit and with good dividend. I am not sure you got any Gkent share ?

Results should be out soon, so much money spent on share buy back, not sure got enough money for dividend.

Just curious calvintaneng got any Gkent share ?

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3036985

19/03/2020 787,000 Acquired Deemed Interest

Bosses need to start buying and update in daily Bursa announcement. Only then investors will have more confident with the company.

Already sold long time ago, now start buying.

https://www.thestar.com.my/business/business-news/2020/03/19/ee-sector-allowed-to-operate-with-skeletal-staff

GEORGE TOWN: The electrical and electronics (E&E) industry is allowed to operate with a skeletal staff during the movement control order period from March 18 to March 31.

Globetronics Technology Bhd chief executive office officer Datuk Heng Huck Lee said the group’s facility in Bayan Lepas would comply and resume with strict Health Ministry guidelines implemented.

“We obtained clarification from the International Trade and Industry Ministry on Tuesday night that those involved in the E&E business can commence work with a skeletal workforce today.

“Globetronics is carrying out operations with 50% of its workforce.

“The move by the government will help reduce the severe disruption in the critical operations of E&E companies, ” he said.

Heng added he expected a small impact on the group’s performance for the first quarter.

“To support social distancing, we have arranged to allow 50% of our administrative staff to work from home during this period, ” he said.

Based on current price - Dividend =12.63 %, PE = 5.04, EPS = 9.42 , NTA = 0.9178

Around 45 years ago, Bank FD more than 10%. Now Gkent Dividend = 12.63 %
Better than FD.

I think the Cash in Hand, Fixed Asset including Land and Building and Goodwill is already worth more than current share price. Oversold. Maybe should buy back all the share and go private.

Today share buy back 655,000. Still can't clean all weak share holders and contra play. When boss said "intention to deal". ? When ? How to deal ?

Tan Sri Dato' Tan Kay Hock and Puan Sri Datin Tan Swee Bee......Please do something ?

Philip.......Is Gkent the only company in Malaysia and SIngapore that supply Water Meter ?
Monopolies ?

Result should be out next week. So much money use for Share Buy Back.
Not sure got enough money for Dividend ?

Intention to deal ? Could be buy or sell ? Why do he wants to sell at such a low price ? Wait for tomorrow. Buying more make sense.