Posted by Jonathan Keung > 2018-05-28 10:37 | Report Abuse

BN government has manipulated the borrowings and off balanced sheet figs { to show everything is rosy }

Posted by Nickhong > 2018-05-28 11:39 | Report Abuse

爆跌股下时很快要上回去很难

Posted by christophertopher > 2018-05-28 13:23 | Report Abuse

"爆跌股下时很快要上回去很难"
Nickhong.

投资心态出发在FIRST LIMIT DOWN , SECOND LIMIT DOWN 接票，接到脸青青。
Traders are making monies because most of them up 4-8 sen, sold off their shares, but ofcause some are not.
Investors 已经不见了至少50% of 他们的成本。

Posted by christophertopher > 2018-05-28 13:24 | Report Abuse

Nickhong，今日不同往日了。

Posted by christophertopher > 2018-05-28 13:31 | Report Abuse

If some of them din not avg down their cost, they are:

First Limit Down rm2.76， congratulations to said that they only loss 27.37% from rm3.80.

Second Limit Down rm1.97, they are loss 48.42%

Third times down below rm1.43, they are facing 62.34% loss.

But , if they are avg down FIRST , SECOND and third times price,

they are facing loss of 50% from their cost.

Posted by AlibabaChiam > 2018-05-28 13:51 | Report Abuse

must sell...

Posted by newbie8080 > 2018-05-28 13:56 | Report Abuse

Selling pressure had reduced substantially.
Looks good to start accumulate.

Posted by KAQ4468 > 2018-05-28 14:26 | Report Abuse

Posted by christophertopher > May 28, 2018 01:31 PM | Report Abuse

If some of them din not avg down their cost, they are:

First Limit Down rm2.76， congratulations to said that they only loss 27.37% from rm3.80.

Second Limit Down rm1.97, they are loss 48.42%

Third times down below rm1.43, they are facing 62.34% loss.

But , if they are avg down FIRST , SECOND and third times price,

they are facing loss of 50% from their cost.











aiyooooo.... from 3.80 to 1.4


1.40 to 1.44 kira rebound ka ?


kah kah kah

Posted by Nickhong > 2018-05-28 14:50 | Report Abuse

Erkonseng喜欢收集垃圾

Posted by Nickhong > 2018-05-28 14:51 | Report Abuse

收集不玩

Posted by hunterz86 > 2018-05-28 14:52 | Report Abuse

mai siao ah

Posted by longtermvaluegain > 2018-05-28 15:16 | Report Abuse

MYEG = Zahid Hamidi
GKENT= Najib kawan Lama , Ah Hock)

Posted by poorinvestor > 2018-05-28 15:23 | Report Abuse

Whole market Red Sea. Yeah all counters drop together :)

Posted by longtermvaluegain > 2018-05-28 15:23 | Report Abuse

Govt to find ways to lower payment to S'pore for dropping HSR

MAY 28, 2018 15:04 pm +08

PETALING JAYA (May 26): The government will find out how it can reduce the amount of money it has to pay to Singapore if it needs to drop the Kuala Lumpur-Singapore high-speed rail (HSR) project, said Prime Minister Tun Dr Mahathir Mohamad.

"The terms and agreement for the HSR are such that if we decide to drop the project, it would cost us a lot of money. We have entered into an agreement with Singapore. If we break the agreement, we have to pay a very large sum of money," he told The Edge weekly.

The 350km HSR will have a proposed seven stops — Bandar Malaysia, Bangi-Putrajaya, Seremban, Melaka, Muar, Batu Pahat, and Iskandar Puteri — in Malaysia, and Jurong East in Singapore.

The HSR, which is worth RM100 billion, and the East Coast Rail Link (ECRL) project, which has a contract value of RM60 billion, are two mega infrastructure projects cited by the 92-year-old premier as funded by a borrowing spree that had swelled the national debt to RM1 trillion.

The ECRL is expected to cost RM92 billion by the time it is paid off due to interest, said Mahathir.

"[Former Prime Minister Datuk Seri Najib Abdul Razak] knew very well that the ECRL, for example, is something we could not afford. It is not going to serve any purpose. It is not going to give us any returns. And yet, he went ahead and decided to build it.

"The government’s debt ceiling before was very much lower. But he [Najib] didn't care. What he did was he formed a body and then they borrowed. And eventually it [the borrowings] comes back to the government to pay," he said.

He called the previous government's attempt to rollout both multibillion-ringgit projects at once as "crazy".

"He didn't seem to think about how we were going to pay for all these," he said.

Mahathir added that the contract for the ECRL is "strange", as the terms state that the contractor must be from China while the borrowings of RM55 billion to fund the project must also come from the country.

Moreover, the funds must also be kept abroad to pay the contractor, who will be paid based on a pre-determined timetable and not progress of work done.

The ECRL is also being undertaken by state-owned contractor China Communications Construction Co Ltd while the loan is being provided by Export & Import Bank of China.
He added that the government will renegotiate the terms of the ECRL.
https://www.theedgemarkets.com/article/govt-find-ways-lower-payment-spore-dropping-hsr

完蛋，GEORGE KENT MALAYSIA.

Posted by poorinvestor > 2018-05-28 15:27 | Report Abuse

Gkent didn’t involved in ECRL and small bid in HSR assets co. The turnkey would only 10% of MRT3 which gov haven’t announce anything yet.

Posted by poorinvestor > 2018-05-28 15:28 | Report Abuse

Hope the market selldown continue and all counters drop like shit together :)

Posted by trulyinvest > 2018-05-28 15:35 | Report Abuse

hsr sure 90% cancel. sell b4 too late

Posted by Nickhong > 2018-05-28 15:42 | Report Abuse

Erkonseng你的废纸今天大彪

Posted by Nickhong > 2018-05-28 15:44 | Report Abuse

看到是不是想要哭，哈哈

Posted by poorinvestor > 2018-05-28 15:56 | Report Abuse

Market sentiment so bad. All sink together.

Posted by TEEXIAN1840 > 2018-05-28 16:01 | Report Abuse

china's set no limits for our palm oil export hopping to get HSR project, if PH government terminate HSR, ECRL. what's going to happened if china cut down demands on malaysia palm oil ? ECRL is important for future goods delivery to eastern ports due to thailand may team up with china to start on CRA CANAL bypass project any time soon. what's the impacts of malaysia western seaports after cra canal project completed ?

Posted by KAQ4468 > 2018-05-28 16:13 | Report Abuse

anybody see Hng33 ???

still alive ?? or sudah panjat KLCC ??

Posted by Bursa1575 > 2018-05-28 16:19 | Report Abuse

HAHAHA

Posted by poorinvestor > 2018-05-28 16:57 | Report Abuse

Gkent not alone. The market sink together. Hahaha

Posted by hng33 > 2018-05-28 17:03 | Report Abuse

LRT3 is well progressing

https://www.youtube.com/watch?v=hxP8rVuVTEY

Posted by malpac63 > 2018-05-28 17:10 | Report Abuse

It's decouple itself from the myeg selldown so that's a very good first step.

Posted by KAQ4468 > 2018-05-28 17:13 | Report Abuse

waaaaaaa Hng33 !!!


all in fully invest hantam sailing Gkent @ 1.64


how ?? super cut win ???


kah kah

Posted by KAQ4468 > 2018-05-28 17:21 | Report Abuse

woii Hng33 ...

at Sapura lu cerita maximum invest @ 0.82 cents
at Gkent lu cerita fully invest @ 1.64
at MYEG lu cerita total sailing @ 1.0


aiyooooo ... now still got money to buy Maggie or not ?? kah kah kah

Posted by poorinvestor > 2018-05-28 17:24 | Report Abuse

Hope the whole market slump together. Cheers

Posted by ChickyWaWa > 2018-05-28 18:45 | Report Abuse

https://www.thestar.com.my/news/nation/2018/05/28/dr-m-confirms-scrapping-of-high-speed-rail-project-with-singapore/

Dr M confirms scrapping of high-speed rail project with Singapore

Standby bullets on Wednesday!

Posted by poorinvestor > 2018-05-28 18:49 | Report Abuse

The main hit would be Gamuda and YTL as they awarded the project. The market continue selldown and all counters sink together. Cheers

Posted by TEEXIAN1840 > 2018-05-28 18:57 | Report Abuse

termination of HSR is nothing to do with GKENT, apa lagi mau turun ?

Posted by mrtai021 > 2018-05-28 19:58 | Report Abuse

HSR awarded to YTL, GAMUDA, MRCB

Posted by 85komando > 2018-05-28 20:15 | Report Abuse

https://www.thestar.com.my/business/business-news/2018/04/05/consortia-to-assist-in-kl-singapore-rail-project/

Posted by Maxigain > 2018-05-28 20:18 | Report Abuse

The news already came out 4 something bf mkt closed. Mkt not reacted much because it was already factored in that hsr might be cxl...

Posted by ipodkaki > 2018-05-28 20:21 | Report Abuse

target price - RM 0.9

Posted by poorinvestor > 2018-05-28 20:31 | Report Abuse

Don’t overreact. Gkent didn’t awarded any like Gamuda Mrcb YTL.

Posted by poorinvestor > 2018-05-28 20:32 | Report Abuse

Malaysia market will continue down. And all the counters down too, sink together. Gkent not alone. Cheers

Posted by Dartmaster > 2018-05-28 20:34 | Report Abuse

Gkent Tp50 cent

Posted by trulyinvest > 2018-05-28 20:36 | Report Abuse

Hsr canceled. Wil drop below rm1

Posted by trulyinvest > 2018-05-28 20:36 | Report Abuse

Hsr canceled. Wil drop below rm1

Posted by poorinvestor > 2018-05-28 20:42 | Report Abuse

Market sentiment continue bad. All counters die, everyone losing money. Cheers

Posted by DearFion$$$ > 2018-05-28 20:53 | Report Abuse

seem like a lot of people waiting and hoping for lower prices for GKENT, please wait long long

Posted by christophertopher > 2018-05-28 21:17 | Report Abuse

任何在你相像之外的事物都可发生.

Posted by christophertopher > 2018-05-28 21:21 | Report Abuse

Malaysia faces up to RM500m penalty for dropping KL-Singapore HSR project, says Dr Mahathir
Supriya Surendran

theedgemarkets.com

May 28, 2018 19:11 pm +08

KUALA LUMPUR (May 28): The decision to drop plans to build the high-speed rail link between Kuala Lumpur and Singapore is final, Prime Minister Tun Dr Mahathir Mohamad said, adding that it could see Malaysia facing up to RM500 million in penalty.

Speaking to reporters after chairing Parti Pribumi Bersatu Malaysia’s meeting today, the Prime Minister said he has yet to verify whether the 500 million amount would be in ringgit or Singapore dollars, or any other currency for that matter.

“I have not seen the [terms of the] KL-Singapore high-speed rail (HSR) agreement, but I am told that we may pay as much as RM500 million in compensation (for scrapping the deal)...we will try to manage it at the least cost possible,” he said.

“I have yet to verify (whether the penalty would be denominated in ringgit), but I suppose it will be in the ringgit,” he added.

When asked if scrapping the project is a final decision from the Pakatan Harapan government, Dr Mahathir said yes.

"The HSR...it is only a short track. It is not beneficial to us," he said.

In an interview with the Financial Times published today, Dr Mahathir was quoted as saying that Malaysia "needs to do away with some of the unnecessary projects, for example the high-speed rail, which is going to cost us RM110 billion and will not earn us a single cent. That will be dropped".

On April 5, MyHSR Corp Sdn Bhd had announced that the consortium of Malaysian Resources Corp Bhd and Gamuda Bhd had been selected as project delivery partner (PDP) for the northern portion of the KL-Singapore HSR project alignment, while another consortium by the name of Syarikat Pembenaan Yeoh Tiong Lay Sdn Bhd-TH Properties Sdn Bhd had been selected for the southern part.

The PDPs will be responsible for the designing and delivery of KL-Singapore HSR's civil works at an agreed cost and schedule.

Eight stations were being planned for the KL-Singapore HSR project, namely Bandar Malaysia, Sepang-Putrajaya, Seremban, Melaka, Muar, Batu Pahat and Iskandar Puteri stations in Malaysia, and the Jurong East station in Singapore. Operations of the KL-Singapore HSR service was targeted for commencement by Dec 31, 2026.

The HSR project would cut travel time between Singapore and Kuala Lumpur to 90 minutes, compared with more than four hours by car.

(看清楚，https://www.theedgemarkets.com/article/malaysia-faces-rm500m-penalty-dropping-klsingapore-hsr-project-says-dr-mahathir
是在May 28, 2018 19:11 pm +08， 请留意新闻时间写着19.11 pm, 是晚上7.11 , 闭市后新闻才出炉）

Posted by life123 > 2018-05-28 21:25 | Report Abuse

again, the news may affect the sentiment , but in fundamental, i see this is nothing to do with gkent.
Perhaps you should post this news to gamuda, ytl, mmcorp, thanks.
This is easier to cause panic there.

Posted by oranje > 2018-05-28 21:27 | Report Abuse

VS INDUSTRY WILL BE THE DARLING OF BURSA FOR THE REST OF 2018

BUY CW

ORANGE THE LEGEND HAS BEEN ACCUMULATING SINCE MID MAY 2018 WHILE MCMC AND I3 INVESTOR BAR ME FROM BLOGGING CORDON OFF MY CONDO EATING ALL MY CHOCOLATES CONFISCATING ALL MY AEON PLASTIC BAGS
28/05/2018 21:21
X
oranje ORANGE THE GREAT WHITE NOW SWIMMING FOR THE CAPSIZED BOATS OF HIBISCUS AND SAPRNG

CALL WARRANTS AS THE PRICE OF BRENT CRUDE COLLAPSE GUYS
28/05/2018 21:22
X
oranje MCMC AND I3 ADMINSTRATOR CANT BELIEVE MY SWIMMING POOL FULL OF MONEY NOT H20.

I TOLD THEM I MADE THE MONEY FROM INARI CALL WARRANTS CASINO SINCE APRIL 11, 2018 (c 11, 12, 14)

Posted by yongyos > 2018-05-28 21:59 | Report Abuse

EGM to approve share buy back next Monday... no more cheap share.

Posted by relaks > 2018-05-28 22:14 | Report Abuse

George Kent shares continue to rise on news of High-Speed Rail tender bid
http://www.thesundaily.my/news/2017/10/12/george-kent-shares-continue-rise-news-high-speed-rail-tender-bid

R u guys sure gkent not part of the consortium? Then how come that old news?

Posted by poorinvestor > 2018-05-28 22:15 | Report Abuse

Malaysia market is not good for this period. Not only Gkent but other stocks too. Take care.