Posted by erkongseng > 2018-06-01 21:54 | Report Abuse

20/3/2018
報纸刊登的资料，並非我不老实，看看吧:
乔治肯特主席丹斯里陈溪福，通过文告表示，公司再一次创下新纪录，录得6.17亿令吉的营业额、1.6亿的税前盈利和1.24亿令吉的净利。
“这是乔治肯特前所未有的净利记录，归功于旗下均有改善的业务，包括铁路项目、水务基建项目、统筹承包医院项目和水表供应。”
他续称，公司的资产负债表仍是净现金状况，强劲的订单高达56亿令吉，能继续为未来提供清晰的净利能见度，因公司不断在本地和区域寻求机会。

http://www.investalks.com/forum/forum.php?mod=viewthread&tid=19353&extra=page%3D1&page=21

Posted by TEEXIAN1840 > 2018-06-01 21:59 | Report Abuse

GOOD SIGN. THANKS FOR INFOR.

Posted by traderman > 2018-06-01 22:38 | Report Abuse

Erkongseng, 你知道 509 之前和之后讲的话是天跟地一样的分别吗？
股价是看未来不是历史。

Posted by KLCI King > 2018-06-01 23:03 | Report Abuse

As I said in my article, the Chairman has not been faithful & truthful.

I put all my thoughts & findings in my article & some fellow i3 members commented fairly on the article also, you can check it out if you want.

Also, Mr erkongseng, I have removed the screenshots about your comments in my article, sorry for any inconvenience caused.

http://klse.i3investor.com/blogs/happyinvest/159078.jsp

Posted by rr88 > 2018-06-01 23:43 | Report Abuse

BN company

Posted by Nikmon > 2018-06-01 23:52 | Report Abuse

@KLCI King, the first assumption made by you are totally wrong, so eventually the rest of the article can be ignore...lol...wrong lah

the 5.6 billion order book inclusive of

1. LRT extension
2. Hospital construction
3. LRT 3
4. Provision of water meter to Hong Kong, Singapore
5. water construction
6. MRT2

construction revenue around 80% and meter supply around 20%

the next will be share bonus and final dividend....

Posted by Nikmon > 2018-06-01 23:59 | Report Abuse

estimate the revenue will be remain for the next 2-3 years based on the high order book, current share price has been dropped 75%, investor is overreact. if no geopolitical issue created by Trump on next monday, price expect to be up slowly.

Posted by Pilotsport > 2018-06-02 01:23 | Report Abuse

Eks 打包啦！

Posted by BN_forever > 2018-06-02 04:37 | Report Abuse

Mr Tay got ask Ajib play golf? Now Ajib very free ma. Even Dr M complain some staffs still loyal to BN so any kang tao for G Kent?

Posted by flashprofits > 2018-06-02 07:13 | Report Abuse

84% share holding buy top 3 share holder. After buy back 10% to treasury, free float left 6% shares (33mil). So how to go down share price ? Don’t talk future projects or future earning. Sapu what left now or see you at rm2 next week

Posted by stockraider > 2018-06-02 09:00 | Report Abuse

flashprofits if really hold 84% wont crash from 3.94 to 1.12 lor ...

Posted by traderman > 2018-06-02 10:06 | Report Abuse

once ecrl scrapped, another limit down. all the best

Posted by stockraider > 2018-06-02 10:39 | Report Abuse

erkongseng 通场要等agm后的一个月公司才会开始回购股票，那就是八月，那时候可能gkent以为0.6 了。

Posted by newbie8080 > 2018-06-02 11:44 | Report Abuse

@ Nikmon

TOTAL ORDER BOOK TILL APRIL 2018= RM1.261 BIL

Using your list of order book.

I'm not sure which article from KLCI King you refer to but the orderbook breakdown should be as follows:



1. Ampang LRT extension (completed in 2016)
2. Hospital construction (RM364.9 MILLION + RM277,190,000), remaining:RM481
3. LRT 3 (6% fee of project progress billing: Gkent 50% portionof RM4.5 bil, net=RM270M till 2021
4. Provision of water meter to Hong Kong, Singapore (RM 28.72 million + RM31.19 million)
5. water construction (PNG Water Concession: + Binzhou Nanhai water supply project in Binzhou City, Shandong)(~RM40M till 2020)
6. MRT2 CCCC:GK , Gkent portion(till 2022) is 49% =RM491M (RM1,007,288,168.00 )
Remaining portion= RM411
-----------------------------------------------------------------------------------
http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=81900&name=EA_GA_ATTACHMENTS

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=76847&name=EA_GA_ATTACHMENTS

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5248561

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5190649

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=68368&name=EA_GA_ATTACHMENTS

Posted by traderman > 2018-06-02 11:51 | Report Abuse

to limit down again once tun M remove ECRL

Posted by traderman > 2018-06-02 11:58 | Report Abuse

sorry for you xiaoji ...

Posted by newbie8080 > 2018-06-02 12:03 | Report Abuse

@ xiaoji

No cursing from me.

Just to highlight the future prospect of this company.
Besides, Gkent has not replenished its order book for almost 2 years.
Many see the price collapsed as good opportunity to enter which is good but some of us just want to remind certain things before you proceed with your decision.

Posted by Unfair > 2018-06-02 12:25 | Report Abuse

M'sians are asked to donate to Tabung Harapan why not Tan Kay Hock who benefits a lot from BN and make M'sia bankrupt with RM 1 trillion debts?

Posted by Nikmon > 2018-06-02 12:30 | Report Abuse

@newbie8080 "I'm not sure which article from KLCI King you refer to but the orderbook breakdown should be as follows: 1. Ampang LRT extension (completed in 2016)


the are more extension work and will last until FY19. you first point already wrong. idiot.

High margin from LRT ext. 4QFY18 engineering PBT margin (ex associates and JV profits) was exceptionally high at 47.1% which management explained was due to significant recognition of variation order (VO) works on the LRT ext. There is a remaining RM193m worth of works comprising the Bukit Jalil siding, depot equipment, roofing and platform. As such, we opine that the strong engineering margins will persist into FY19.

why so many idiots here...please read annual report, really lazy to entertain idiot who don't bother to read

Posted by Nikmon > 2018-06-02 13:01 | Report Abuse

@newbie8080 quote : TOTAL ORDER BOOK TILL APRIL 2018= RM1.261 BIL "

Annual report :The Group’s strong order book as at 31 January 2018 of RM5.6 billion will provide immense earnings visibility. mentioned in the Annual report.

are you idiot until the extent think that Gkent had completed 4.4 billion order book in 3 month, than the next Q result due in this month will be extremely good

Posted by JJchan > 2018-06-02 13:04 | Report Abuse

https://www.malaysiakini.com/news/427966

When LGE declares who are beneficiary of these "Red Files"----another Sell--down coming.

I do sub-Con work for gov. project.......Gkent is "nothing but just a profit layers for someone"

Let said---Gamuda project manger-----Gkent( know nothing consultant ) then Sub-Con--me.

Why must i submit work progress to Gkent while i can submit directly to Gamuda Manager

Posted by Koon Bee > 2018-06-02 13:15 | Report Abuse

Golf buddy will become Sungai Buloh buddy very soon

Posted by pakatan_harapan2 > 2018-06-02 13:17 | Report Abuse

No wonder M'sia hutang RM 1 trillion.

Posted by Koon Bee > 2018-06-02 13:17 | Report Abuse

When MACC probe in Gkent, left rm0.10

Posted by erkongseng > 2018-06-02 13:29 | Report Abuse

nikmon:不须理会这些人，手中无票只想買在更低价，发放负面消息与不確实讯息，所持有5.6亿订单來自公司网页，没有误解区。深跌后市场自会反应公司价值。守得云开见月明。

Posted by Koon Bee > 2018-06-02 13:38 | Report Abuse

https://m.malaysiakini.com/news/427966

Posted by flashprofits > 2018-06-02 13:42 | Report Abuse

Stock raider, I wish also to understand what u said. But can u enlighten me and read the EGM annoucement on Share buy back on latest date. Inside the annoucement stated very clear Top 3 shareholding percentage. And also after share buy back 10% treasury share , top 3 shareholding has been increase their percentage up to 94%. So how the price plug so much I don’t know, but freefloating share definitely not huge. Current share price look stable. If not interest then don’t buy Lo. So just a discussion so that everyone can know more about GK situation

Posted by Koon Bee > 2018-06-02 13:46 | Report Abuse

Gkent worth 10c without those contract

Posted by ysy99999 > 2018-06-02 13:56 | Report Abuse

Erkongseng, share buy back meeting on 4 June 2018...not July

Posted by flashprofits > 2018-06-02 14:10 | Report Abuse

But indeed GK still own the contract. Hahahhhahaa.

Posted by erkongseng > 2018-06-02 14:27 | Report Abuse

ysy99999:thanks

Posted by Patrick13 > 2018-06-02 14:28 | Report Abuse

Let's talk about the fact and figures.
Extracted from Note: Investment in Joint Venture from FY2016-2018 Annual Report, we can see the some details regarding the JV with MRCB for the LRT3 Project：

Year Revenue Profit
FY2016 4.5mil 1.1mil
FY2017 120.1mil 11.7mil
FY2018 503.1mil 33.6mil
Total 627.8mil 46.4mil

In other words, GKent recognised RM23.2mil (50% of RM46.4mil) net profit from the past 3 years. As the LRT project budgeted cost is RM9bil, the progress is just 7% (RM627.8mil divided by RM9bil) so far only. And dont forget this project is scheduled to be completed by Aug 2020. We can imagine the next 3 FY result will be much higher. From the bottom side, the profit not yet recognised is RM270mil (RM4.5bil x 6%) minus RM23.2mil = RM246.8mil.

Posted by Koon Bee > 2018-06-02 14:35 | Report Abuse

Water meter supplier get mrt/lrt/hsr project? Haha...must be somethimg behind the deal...lets wait macc probe lo. I will only buy anything below 10c

Posted by longtermvaluegain > 2018-06-02 14:42 | Report Abuse

Rahsia 1MDB 'Fail Merah' Terbongkar

PUTRAJAYA - Rahsia 'fail merah' yang sebelum ini hanya boleh diakses pihak tertentu terbongkar apabila mengandungi penyelewengan dan skandal membabitkan syarikat 1MDB.

Menteri Kewangan, Lim Guan Eng dalam satu wawancara berkata, beliau sangat terkejut apabila mengetahui kandungan fail merah itu yang sebelum ini cuba disorok oleh kerajaan BN.

Beliau berkata, sebelum ini kesemua fail tersebut tidak boleh diakses kerana kerajaan BN menghalang auditor dan pegawai yang bertanggungjawab untuk menelitinya secara profesional dan integriti.

“Fail-fail merah yang sebelum ini begitu sulit telahpun dibuka. Saya sangat terkejut kerana fail tersebut mengandungi banyak skandal termasuk pembayaran hutang untuk 1MDB.

Rupa-rupanya hutang-hutang 1MDB sebelum ini dibayar oleh kerajaan. Padahal sebelum ini 1MDB beritahu mereka bayar sendiri. Mereka tak bayar satu sen pun hutang-hutang mereka," katanya kepada Sinar Harian semalam.

Pada hari pertama di kementerian itu, Guan Eng berkata beliau diberitahu Timbalan Ketua Setiausaha Perbendaharaan Datuk Siti Zauyah Mod Desa dan Ketua Audit Negara, Tan Sri Madinah Mohamad mengenai kedudukan semasa kewangan negara, dan pendedahan yang mengejutkan bahawa mereka tidak dapat mengakses akaun dan laporan tertentu.

Menyifatkannya sebagai skandal paling besar di dunia, Guan Eng berkata, sebanyak RM7 bilion telah dibayar dan lebih menyedihkan kerajaan terpaksa menanggung beban membayar RM38 bilion lagi sehingga 2039.

Katanya, jumlah tersebut juga belum dikira faedah, jadi boleh dinilai betapa besar kerugian dan kehilangan sumber pendapatan rakyat untuk membayar hutang 1MDB sahaja.

“Bayangkan sekiranya wang ini boleh dilaburkan digunakan untuk rakyat. Bukankah kita boleh menyelesaikan sebahagian besar masalah kita, tapi ternyata skandal 1MDB ini telah memberi impak negatif ke atas keadaan ekonomi kita.

“Saya berterus terang soal ini. Sebab itu kita terpaksa ambil langkah-langkah bagi mengurangkan mengurangkan impak negatif tersebut,” tegas beliau.

Guan Eng turut mendedahkan hasil siasatan mendapati bahawa 1MDB sebagai syarikat pelaburan strategik hanyalah rekaan semata-mata.

“Satu rekaan yang betul-betul jahat... tak ada langsung. Kita akan siasat dengan lebih teliti supaya rakyat tahu penyelewengan melalui 1MDB ini.

"Kita akan cuba atasi kerana 1MDB ini adalah sejarah hitam yang kita akan ingat buat selama-lamanya," katanya.

Setiausaha Agung DAP itu berkata, fail-fail merah itu turut mengandungi kontrak-kontrak yang mempunyai syarat-syarat yang agak luar biasa yang merugikan kerajaan.

“Ada beberapa kontrak di mana pembayaran dibuat walaupun kemajuan kerja hanya 10 hingga 15 peratus. Lebih dua pertiga nilai kontrak ataupun jumlah kontrak telah pun dibayar.

“Kita sedang siasat perjanjian-perjanjian yang agak luar biasa ini. Biasanya kalau kerja siap 30 peratus, kita akan bayar 30 peratus. Tetapi ini tidak diamalkan.

"Kerja baru siap 30 peratus tetapi sudah dibayar 70 peratus. Mengapa? Kerana perjanjian dibuat bergantung kepada tempoh masa iaitu pembayaran dibuat setiap enam bulan, tak kira ada buat kerja atau tak buat kerja,” katanya.

Walaupun begitu katanya, pihaknya tidak boleh mengatakan perbuatan itu salah kerana telah termaktub dalam kontrak.

“Kita akan siasat dan tanya mengapa mereka buat kontrak macam ini yang tidak memihak kepada kepentingan negara. Itulah yang kita kena siasat," katanya. - Sinar Harian

Posted by christophertopher > 2018-06-02 15:06 | Report Abuse

够力了。

最新踢爆！财政部长林冠英揭秘一马公司【黑内幕】贱格！

（布城2日讯）财政部长林冠英透露，早前仅有特定人士可阅览的机密文件，如今终于公开，惊人的是这些文件内含许多不为人知的一马发展公司丑闻，其中该公司从未支付一分一毫的债务。
他说，国阵政府此前试图隐藏这些机密内容，并阻止审计员和负责官员读取和专业调查这些文件。

“这些文件终于公开了，让我惊讶的是内藏这么多1MDB丑闻，原来1MDB债务之前都由政府支付，该公司之前告知他们自行支付，实际上却没支付过一分一毫。”

财政部长林冠英表示，还有更多有关一个大马发展有限公司（1MDB）的财务丑闻，仍存在只限数名财政部前官员翻阅的“红色档案”（redfiles）内。

据《SinarHarian》报导，林冠英宣誓就任为财政部长后，获准翻阅有关机密文件，并发现财政部在去年，就已为1MDB偿还将近70亿令吉债务和利息。

“原来1MDB的债务是由政府偿还的。在这之前，1MDB自称自己偿还。（事实上）他们一分钱都没还过。”

他说，有关档案内容也包括数项要求中央政府付款的合约，唯付款时间与工程进度不符。

他说，一般上是货到付款，这些文件却反过来，要求政府先付费才交货。

“为何会这样？因为协议是按照周期而定，即每6个月付款一次，不论工程竣工与否。”

另外，根据《TheEdge》报导，林冠英说，在他到财政部上班第一天，总审计司告知政府的账户无法综合计入，原因是无法翻阅所有档案。

对于“红档案”事宜，林冠英认为，应该是在前首相拿督斯里纳吉领导期间，特别是爆发1MDB丑闻才出现的档案。

他大胆假设，纳吉之前的政府没有上述作风。
“PakLah（前首相敦阿都拉）是忠直的人，他不会隐藏任何事。他会交由专业的人士处理，不过1MDB是完全另一回事。我想这是有心隐瞒人民。”

他说，此前，就连部门最权威的总审计司都不能翻阅“红档案”，如今他与总审计司都能翻查所有机密档案了。

他说，主导财政部的“关键人物”是财政部前秘书长丹斯里莫哈末依尔旺，而只有莫哈末依尔旺和其副手们可以翻阅“红档案”，且不会与其他部门同事分享内容。

“因此，那个人直接管理‘红档案’，他拥有所有书面授权，你也无可奈何。他被指示执行任务。”

“而指示他的人，当然是莫哈末依尔旺。”
他说，“红档案”包括1MDB和前子公司SRC国际有限公司的资料，同时表明他将在下周揭露其他“红档案”。

他也说，另一个“红档案”或是数百亿令吉的东海岸铁路（ECRL）计划工程，并指财政部还未有此工程的完整合约。

“在某种程度上，东海岸铁路计划是‘红档案’，因为我们（财政部）没拿到合约副本，直到我们开口问起。最后，他们才肯给我们一个合约副本。

“有份参与东海岸铁路计划的公司，没有合约副本，财政部的律师也没有。只有莫哈末依尔旺拥有相关文件。”

随着第14届大选后变天，莫哈末依尔旺在5月14日被调职到公共服务局，其合约更从2019年3月6日缩短至今年6月14日。

Posted by VenFx > 2018-06-02 15:16 | Report Abuse

IN CHINA, ONLY PENALTY TO THOSE INVOLVED IN THIS KIND OF SHENANIGANS ,,,
JUST SHOOT/HANG TO DEATH .

Posted by stockraider > 2018-06-02 15:49 | Report Abuse

limit down?

Posted by stockraider > 2018-06-02 15:55 | Report Abuse

all those old good days huge lrt project is over. max it can go is 1.3.

Posted by newbie8080 > 2018-06-02 16:27 | Report Abuse

@ Nikmon

You may not agree with what some of us is writing and it's fine but I hope you shouldn't be rude as I did not offend your post.
I'm adding on to what KLCI King had mentioned and he brought up a good point.


Anyway, my first point was correct. The LRT Ampang Extension project had completed in 2016 and all it's revenue was recognised.
That's why a VO was issued.

2. The VO was highlighted as in the article below.
3. The AR did state the inflated order book. So did the QR.
That's why some of us are disputing the order book mentioned in the AR & QR.



There are many AR & QR which are manipulated for creative accounting and there are many cases which lead to criminal case. Just to quote a case study: Transmile Group Bhd
--------------------------------------------------------------------------------
http://www.theedgemarkets.com/article/george-kent-seen-proxy-rail-job-rollouts

https://www.pressreader.com/malaysia/new-straits-times/20160628/282699046440882

Posted by newbie8080 > 2018-06-02 17:03 | Report Abuse

@ Nikmon

Share with us on your breakdown of RM5.6 bil order book since you commented mine is wrong.
It's a discussion only.

Posted by stockraider > 2018-06-02 17:22 | Report Abuse

nikmom and erkongseng must be buy a lot at high price

Posted by JJchan > 2018-06-02 17:44 | Report Abuse

hahahaha....poor boys (ask Najib to compensate_)...I used Lrt Ampang for 16 years (from Day 1)
so i know----loosing money like shit. So they hide everything into pasaranna mrt-----next 1MDB
coming

Posted by JJchan > 2018-06-02 17:50 | Report Abuse

Look at MRT HongKong, Japan (maybe singapore) ----you need a Sumo wrestler to push ppl in..
Most LRT/MRT are running full load for 4 hours a Day and the rest of hours are used by Bangla and sometimes Cambodian

Posted by JJchan > 2018-06-02 17:54 | Report Abuse

somemore want to build HSR at RM330--350 one way.....to Singapore......running kosong everyday

Posted by stockraider > 2018-06-02 18:06 | Report Abuse

base on jjchan analysis expect limit down on Monday

Posted by Primeinvestor > 2018-06-02 18:13 | Report Abuse

what kind of analysis?

I wish it limit down as well, 90 cents, that will be the biggest gift for christmas, haha, once share buy back is approved on monday, george kent can buy back 56mil shares, that is hell lots of shares, will take them 10 days to complete that, and send it up like how n2n did it

Posted by stockraider > 2018-06-02 18:14 | Report Abuse

lrt no people ride analysis

Posted by stockraider > 2018-06-02 18:15 | Report Abuse

sure reject. why waste money buy back

Posted by Primeinvestor > 2018-06-02 18:19 | Report Abuse

why reject? haha unless u are shareholders of georgekent, opportunity$$ to profit big this round

Posted by stockraider > 2018-06-02 18:58 | Report Abuse

now gkent back to do water meter only. no more lrt mrt. should save the money for a new business