https://www.thestar.com.my/business/business-news/2019/04/16/penang-lrt-project-to-start-next-year/

Penang LRT project to start next year.
Chow said the LRT project would take between six to eight years to be completed and a public display will be held for three months to gather feedback from the public on it.

If we can know which company can get the contract, we don't have to work already.
But If we wait until announcement make, then it's too late to buy.

We only need 1 big contract, share price will go all the way up to RM3.

Profit taking. Normal.

Don't worry. Healthy correction. Cannot go up everday. Wait till all contra players and short selling players finish first. Then will go for second round.

https://www.nst.com.my/news/nation/2019/04/479611/pm-jv-company-operate-maintain-ecrl

"The new alignment will leverage on the existing KLIA Express Rail Link (ERL) as well as the future MRT2 SSP Line with an interchange in Putrajaya Sentral.

https://www.nst.com.my/news/nation/2019/04/479611/pm-jv-company-operate-maintain-ecrl

"The new alignment will leverage on the existing KLIA Express Rail Link (ERL) as well as the future MRT2 SSP Line with an interchange in Putrajaya Sentral.

https://malaysia.yahoo.com/news/ecrl-construction-start-early-next-051146628.html

ECRL construction to start as early as next month, says MRL CEO

https://www.theedgemarkets.com/article/do-construction-stocks-have-more-legs-run

“Some investors may sell on news, so we expect share prices to consolidate for a while because the actual award of contracts may take some time to negotiate,”

“It is likely the [construction stock] rally can be sustained, underpinned by developments pertaining to other suspended projects such as the HSR and MRT3. The HSR is bound by the bilateral agreement, and MRT3 is needed because it is a circle line, and it eases transit between multiple MRT lines,” he said, declining to be named.

“Because there are other catalysts like the Penang LRT (light rail transit) and Pan Island Link 1, both projects’ combined contract value is about RM18.6 billion. Although they are slated to start in June next year, some of their work packages will be tendered out by year-end,” he said.

https://klse.i3investor.com/blogs/hleresearch/202363.jsp

We maintain Hold rating for GKent with higher SOP-driven TP of RM1.41 (from RM1.10)

https://www.thestar.com.my/business/business-news/2019/04/15/kajangputrajaya-rail-link-may-be-revived/

??

Current value is the fair value even without any rail projects. LRT3 start 2nd half of this year. So the fair value end of the year should be RM1.50. if officially announce got any future rail projects like ECRL, HSR or Penang LRT, then the TP should be above RM3.00. So can still buy and collect for long term.

Funny, why always talk about Najib golf buddy. It's already history. Now Gkent and MRCB working closely with PH. They are now PH good friend.

US market Friday close up 269 points. Monday Asian market should open higher. Based on current situation, if u ask Hong Leong investment bank research to project Gkent TP, I am sure the TP is a lot higher compare to previously. March is history, we are taking about future.

Maynot...... thanks for sharing. Very good

Actual I am hoping for HSR and Penang LRT projects.

https://www.thestar.com.my/news/nation/2019/04/12/ecrl-project-is-back-on-supplementary-deal-signed/

Latest official news.

PUTRAJAYA: Malaysia Rail Link Sdn Bhd and China Communications Construction Company Ltd have signed a supplementary agreement that will pave the way for the resumption of the East Coast Rail Link (ECRL) project.

The signing was achieved after months of negotiations between the companies involved as well as the governments of Malaysia and China, said the Prime Minister’s Office (PMO).

“We are pleased to announce that the construction cost of Phases 1 and 2 of the ECRL has now been reduced to RM44bil.

https://www.thestar.com.my/news/nation/2019/04/12/ecrl-project-is-back-on-supplementary-deal-signed/

Latest official News

PUTRAJAYA: Malaysia Rail Link Sdn Bhd and China Communications Construction Company Ltd have signed a supplementary agreement that will pave the way for the resumption of the East Coast Rail Link (ECRL) project.

The signing was achieved after months of negotiations between the companies involved as well as the governments of Malaysia and China, said the Prime Minister’s Office (PMO).

“We are pleased to announce that the construction cost of Phases 1 and 2 of the ECRL has now been reduced to RM44bil.

What we need is just 1 confirm contract sign with any rail projects, then share price could go back to RM4.00 because all rail project is more than a billions.

Actual my hope is on HSR High Speed Rail - SIngapore to KL, I think Gkent got a very good chance.

Then Penang LRT, another big projects.

Some people are too careful and they just wait and wait for lower price. At the end they miss the opportunities. For me this is the time to buy when market down.

Imagine if next year Gkent really got HSR or Penang LRT projects, the share price could hit RM4. So this is the gamble you need to take.
Even at current price this is the fair price based on current results and dividend.

Maybe this is they good time to buy. Just maybe. If I know, I will be the Lord of Bursa.

If you have extra money, just buy and keep for long term. Hoping for good news.
But don't play contra.

Don't worry, Profit taking is normal.
Just wait for profit taking over then will go up again.

Yes......GKENT has interest in HSR,Double tracking project and the Penang's LRT & Monorail under PMTP. That is good enough.

At current price is still a good bet since Gkent is cash rich and give good dividend.

After profit taking over, go all the way up again to 1.50 soon.

If you don't buy Gkent now, you will regret for the rest of your life.

BUY FAST.......no problem breaking RM2.00 this year.

Buying share is like going to Genting Casino. Buying BIG or SMALL.

BIG - if you think Gkent share can go up to RM4.00 if got rail projects - 300% gain
SMALL - if you think Gkent share can go back to RM1.20 - only 16% loss.

I will buy BIG.

https://www.theedgemarkets.com/article/pm-mahathir-malaysia-exploring-klsingapore-hsr-cost-reduction-proposals

PM Mahathir : Malaysia exploring KL-Singapore HSR cost reduction proposals

https://www.theedgemarkets.com/article/myhsr-seeks-consultant-review-klspore-hsr-costcutting-options

https://www.theedgemarkets.com/article/myhsr-seeks-consultant-review-klspore-hsr-costcutting-options

https://www.theedgemarkets.com/article/george-kent-after-myhsr-announces-open-tender-technical-consultant

Kuala Lumpur-Singapore High-Speed Railway line (HSR)

https://www.theedgemarkets.com/article/george-kent-after-myhsr-announces-open-tender-technical-consultant

George Kent up after MyHSR announces open tender for technical consultant.
Kuala Lumpur-Singapore High-Speed Railway line (HSR)

http://www.myhsr.com.my/clients/MyHSR_C9A9D510-C802-4FEA-8DC3-05EA13351D53/contentms/img/TAC%20Tender%20Notice_1.pdf

Tender Notice
Technical Advisory Consultant (‘TAC’) for the Kuala Lumpur – Singapore High Speed Rail (‘KL-SG HSR’) Project

There are so many future projects related to rails, Gkent just need to get 1 or 2, share price could go up very high. Chances very good.

Gamuda and MRCB expected to tender for Penang LRT project.
Since Gkent is the sub contractor for MRCB, then Gkent price should go up inline with MRCB.
So buy Gkent fast.

OKA currently is involved in Penang integrated flood mitigation projects. You can find a lot of OKA products in all common flood area in Penang under Work in progress. This project could last for many years.

Gkent & MRCB specialized in LRT and Penang LRT project is going to start soon. I hope they could contribute in this projects.

Construction on the RM9bil light rail transit (LRT) line and the RM9.6bil Pan Island Link 1 (PIL 1) are scheduled to start in June next year.
The Star learnt that the PIL has received approval from the Depart­ment of Environment – the federal regulator overseeing the Environ­mental Impact Assessment (EIA) report – in March while the LRT is expected to receive a conditional approval from the Transport Minis­try in May.

Both mega projects will be tendered to local and international companies at the end of the year.


Read more at https://www.thestar.com.my/news/nation/2019/04/08/penangs-pil-and-lrt-to-go-ahead/#sFWtK16WY4KM78ZI.99

Construction on the RM9bil light rail transit (LRT) line and the RM9.6bil Pan Island Link 1 (PIL 1) are scheduled to start in June next year.
The Star learnt that the PIL has received approval from the Depart­ment of Environment – the federal regulator overseeing the Environ­mental Impact Assessment (EIA) report – in March while the LRT is expected to receive a conditional approval from the Transport Minis­try in May.

Both mega projects will be tendered to local and international companies at the end of the year.


Read more at https://www.thestar.com.my/news/nation/2019/04/08/penangs-pil-and-lrt-to-go-ahead/#sFWtK16WY4KM78ZI.99

https://www.thestar.com.my/news/nation/2019/04/08/penangs-pil-and-lrt-to-go-ahead/

Construction on the RM9bil light rail transit (LRT) line and the RM9.6bil Pan Island Link 1 (PIL 1) are scheduled to start in June next year.
The Star learnt that the PIL has received approval from the Depart­ment of Environment – the federal regulator overseeing the Environ­mental Impact Assessment (EIA) report – in March while the LRT is expected to receive a conditional approval from the Transport Minis­try in May.

Both mega projects will be tendered to local and international companies at the end of the year.

Are you really Bursalord ?......if can break RM2 this year good enough.

You won't know maybe PM's children start collecting Gkent & MRCB share if they have insiders news. Just wait for Tun Daim come back from China.

Can someone kindly please help to buy and break RM0.70. Thank you very much.

MRCB always work closely with Gkent

Watch out for RTS projects. Singapore to Johor. MRCB & Gkent.

Watch out for RTS projects. Johor to Singapore.

Coming soon. Once Tun Daim sign contract with China,. MRCB & Gkent going to fly very high. Laughing all the way to bank.

Coming soon. Once Tun Daim sign new contract with China, Gkent & MRCB is going to fly high. Laughing all the way to the bank.