GEORGE KENT (M) BHD

KLSE (MYR): GKENT (3204)

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Last Price

0.355

Today's Change

-0.01 (2.74%)

Day's Change

0.355 - 0.365

Trading Volume

403,000


15 people like this.

18,225 comment(s). Last comment by gkent2000 1 month ago

120453

712 posts

Posted by 120453 > 2018-06-06 15:23 | Report Abuse

I wonder how many of you made more money in stock market than erkongseng

Posted by poorinvestor > 2018-06-06 16:28 | Report Abuse

Warren Buffett theory. Buy when people are in fear. Those collect below 1.20 happily now.

Posted by koaykeelek > 2018-06-06 16:39 | Report Abuse

@ erkongseng 谢谢你分享资讯!

TEEXIAN1840

1,052 posts

Posted by TEEXIAN1840 > 2018-06-06 17:19 | Report Abuse

erkongseng, thanks for your infor.

Peter Ng

414 posts

Posted by Peter Ng > 2018-06-06 17:25 | Report Abuse

Erkongseng ran away !

Posted by Maurice1688 > 2018-06-06 17:29 | Report Abuse

yea totally agree, expecting good qr next week, no one says gkent cannot bid for future mrt/hsr project as long as the price is competitive. everyone has been saying myeg not good, hsseb not good, no more mrt3, steel counter not good but i made money from all these stock, good luck trading, dont listen to others

TEEXIAN1840

1,052 posts

Posted by TEEXIAN1840 > 2018-06-06 17:30 | Report Abuse

erkongseng = part time promoter ? contract ended today ?

Posted by flashprofits > 2018-06-06 17:40 | Report Abuse

Wah still got many hater even rebound ! Never mind continue hate and GK continue up.

Posted by christophertopher > 2018-06-06 17:51 | Report Abuse

Wow, Gkent up 31 sen?!

Posted by Williamtaychunkit > 2018-06-06 18:07 | Report Abuse

ECRL may be deferred or terminated, Dr M says .

PUTRAJAYA (June 6): The government may defer or terminate the RM55 billion East Coast Rail Link (ECRL) which is still being studied, said Prime Minister Tun Dr Mahathir Mohamad.

“We want to negotiate the terms to ensure that we don’t have to spend so much money on the ECRL, because we cannot afford it. We also found that the contract includes payment according to a specific time.

“So far, we can determine that the work done is so much less than the payments that have already been made. The project will be studied, we can either defer or terminate,” he said in a press conference after his weekly cabinet meeting.

Previously, Dr Mahathir had said the government would renegotiate the terms of the contract — which he described as strange — with various Chinese companies.

The ECRL contractor is state-owned China Communication Construction Co Ltd and the loan is from the Export and Import Bank of China (Exim).

The Edge weekly, quoting sources, had reported that the ECRL can be built for under RM40 billion but the contract was inflated to RM60 billion, and is now expected to cost as much as RM70 billion once it was signed in 2018.

https://www.theedgemarkets.com/article/ecrl-may-be-deferred-or-terminated-dr-m-says

Posted by Williamtaychunkit > 2018-06-06 18:08 | Report Abuse

I did not follow to buy today, fortunately.

Posted by Williamtaychunkit > 2018-06-06 18:09 | Report Abuse

rose 31 sen? old man ah u chris?
13 cent.

Posted by Williamtaychunkit > 2018-06-06 18:10 | Report Abuse

A lot of Investors get trapped in Gbgaqrs & Econbhd.

Posted by Williamtaychunkit > 2018-06-06 18:10 | Report Abuse

Dunno what is the real card inside of TUN MA and YB LIm.

Posted by Williamtaychunkit > 2018-06-06 18:12 | Report Abuse

As Malaysian, I hope ECRL will terminate .
HSR is a loss MONEY Projects , ECRL too.

TEEXIAN1840

1,052 posts

Posted by TEEXIAN1840 > 2018-06-06 18:15 | Report Abuse

20% of progress work for ECRL has been done. government got to pay 22b penalty if cancel the project. apa macam ?

TEEXIAN1840

1,052 posts

Posted by TEEXIAN1840 > 2018-06-06 18:19 | Report Abuse

it's too late to terminate the ECRL.

Posted by christophertopher > 2018-06-06 18:52 | Report Abuse

Whether what 20 % of Phase 1 included any others than compensation of rm22 billion for those mentioned in the article ?

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

不可思议的赔偿,全部显示中国正在吃这我们的肉。

Posted by Calvinharris > 2018-06-06 19:00 | Report Abuse

长期而已,应该赔钱, TUN MA 请别在意目前的赔偿金,日后我们马来西亚会更好,因为这ECRL 更笨是一项亏钱基建工程,无需。
HSR 每日的乘客都没有200,000人 里的10%[ 20,000 人] 更何况是ECRL.

Posted by Gigi9173 > 2018-06-06 20:39 | Report Abuse

See u at 1.80

Posted by Calvinharris > 2018-06-06 21:03 | Report Abuse

我们看的是它未来在建筑业的前景。

Posted by Calvinharris > 2018-06-06 21:04 | Report Abuse

国债实在太多啊,老兄们。

Posted by KYY_GREATEST_INVESRTOR > 2018-06-06 21:07 | Report Abuse

congrats erkongseng

Peter Ng

414 posts

Posted by Peter Ng > 2018-06-06 21:51 | Report Abuse

Never had I bothered about erkongseng . You thnk the owners will want the co to die ... No la , without ECRL so what ? We see it up to 2 .30 at least n that's very conservative

Posted by George Leong > 2018-06-06 22:18 | Report Abuse

If I am right, the current share buyback of up of 10% of the Issued Shares of the company is only valid till the next AGM on 9 July 2018. In its recent announcement yesterday, the company proposes another "Renewal of Share Buy-Back Authority of up to 10% of the Issued Shares".

The company may purchase max 20% (112 million) of the shares outstanding, and hold it as treasury shares, hence reducing the shares outstanding from 563 million to 451 million shares. This will increase the EPS of the company.

From the latest published balance sheet report, George Kent has over rm510 million cash. Assuming the company purchase all shares an average price of rm2.50, total amount spent would amount to rm280 million cash (rm2.50 x 112 million shares).

Hence the balance cash would amount to rm230 million (rm510 million - rm280 million). George Kent has ample of cash to do share buyback. I have not even include the incoming cash the company would generate this year.

Just sharing information here. Peace. :)

ray1980

2,992 posts

Posted by ray1980 > 2018-06-06 22:47 | Report Abuse

The most important is construction world will cooling down on next few years.Because pH government now are call it 'jimat' kerajaan.

Sarara

165 posts

Posted by Sarara > 2018-06-07 00:46 | Report Abuse

Gkent will reach rm2 soon !!!

ming

2,083 posts

Posted by ming > 2018-06-07 01:46 | Report Abuse

Buy because of net cash position.. cash is king.. got money wan enter any business pun boleh. Donate some to tabung pakatan please

Posted by Calvinharris > 2018-06-07 05:57 | Report Abuse

"The most important is construction world will cooling down on next few years.Because pH government now are call it 'jimat' kerajaan."

Add: not only jimat kerajaan, but aslo menjaga kebajikan rakyat LEBIH daripada memperkembangkan ekonomi (GDP jika Capai 10% pun tak guna jika harga barangan sangat tinggi, kehidupan rakyat makin susah pada masa hadapan)

WVB 68

163 posts

Posted by WVB 68 > 2018-06-07 08:46 | Report Abuse

市场能敌的过来着的世界杯,开斋节和学校假期吗? 这两天是收米的时候,别买太多

WVB 68

163 posts

Posted by WVB 68 > 2018-06-07 08:51 | Report Abuse

外资也不会再在这时候进场扫货,毕竟这两星期都是我们散户在买,他们在卖 ,估计他们要等一个小股灾后才进场

WVB 68

163 posts

Posted by WVB 68 > 2018-06-07 09:14 | Report Abuse

i agreed but i scared

Posted by poorinvestor > 2018-06-07 09:15 | Report Abuse

Up like madddddd

Peter Ng

414 posts

Posted by Peter Ng > 2018-06-07 09:33 | Report Abuse

It's risky but if u want to make money here u hv to take the risk ..WVB 68 no need to put everything in one basket ma , buy some !

Peter Ng

414 posts

Posted by Peter Ng > 2018-06-07 09:45 | Report Abuse

Contra players running .. Can buy !

ChickyWaWa

243 posts

Posted by ChickyWaWa > 2018-06-07 09:54 | Report Abuse

Shit... Bo steam liao... Someone give Viagra please

newbie8080

2,768 posts

Posted by newbie8080 > 2018-06-07 10:26 | Report Abuse

This new gov really scrapping most of the railway projects.

Now ERCL also going to be scrapped soon.

--------------------------------------------------------------------------------------

ECRL may be deferred or terminated, says PM



ECRL may be deferred or terminated, says PM


PUTRAJAYA: The government may defer or terminate the controversial East Coast Rail Link (ECRL) which is still being studied, said Prime Minister Tun Dr Mahathir Mohamad.

ChickyWaWa

243 posts

Posted by ChickyWaWa > 2018-06-07 10:34 | Report Abuse

Still a bit puzzled... Actually the buy back already started, or they still needs approval from some other party?

Primeinvestor

1,454 posts

Posted by Primeinvestor > 2018-06-07 11:12 | Report Abuse

Need to clear off contra players first, chill, below rm1.35 justbuy if not dont touch

120453

712 posts

Posted by 120453 > 2018-06-07 11:22 | Report Abuse

No more contra players

120453

712 posts

Posted by 120453 > 2018-06-07 11:22 | Report Abuse

No intra day Traders & no IDSS.....

WVB 68

163 posts

Posted by WVB 68 > 2018-06-07 11:44 | Report Abuse

which buddy close to Najib sure got free a cup of coffee . Stay away related counter .

ChickyWaWa

243 posts

Posted by ChickyWaWa > 2018-06-07 12:12 | Report Abuse

Just got to know GKENT yesterday rally wasn't because of buy back, it was because of the rumour that ECRL not likely to scrap that easy.

AzerothJr

649 posts

Posted by AzerothJr > 2018-06-07 16:34 | Report Abuse

Dont worry this is a golden horse in the making.. hold steady.

Peter Ng

414 posts

Posted by Peter Ng > 2018-06-07 16:56 | Report Abuse

Ya I believe so

ZhanLang

364 posts

Posted by ZhanLang > 2018-06-07 16:59 | Report Abuse

When share buy back ???

Posted by Lee Guan Hong > 2018-06-07 17:02 | Report Abuse

I bought in at 1.45 T.T

geraldt9

904 posts

Posted by geraldt9 > 2018-06-07 17:35 | Report Abuse

.... think golden horse slowly turning into cold horse .!

Posted by stockintalk > 2018-06-07 17:59 | Report Abuse

"When share buy back"
posted : Zhan lang


Sila rujuk kepada SI MUKA PUCAT.

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