Posted by peterchu > 2018-07-12 10:52 | Report Abuse

hope can go back to 4.0 hehe

Posted by Beary > 2018-07-12 10:54 | Report Abuse

Gkent is a crony company.

It has no future prospect without political patronage.

It has zero chance of securing new projects on level playing field.

Posted by isupertrader > 2018-07-12 10:55 | Report Abuse

Personal view on LRT project. I strongly believe government will not scrap off ECRL, LRT and even HSR (probably just deferring the project). I would like to think Singapore is trying to help the Malaysia government to recuperate by allowing some time for them to recuperate their finances. Because it would be a bigger loss to cut off existing work unless it is deemed to be a futile development that potential loss is greater over revenues. Present government has no intention to liquidate on just any companies unless they can find jobs for displaced employees. Instead, they will just want greater transparency in near future over government related projects.

Posted by ray1980 > 2018-07-12 10:57 | Report Abuse

New government will minimum the earning on projects for what companies got country job.Not a good news for future projects will new government giving for market.

Posted by ray1980 > 2018-07-12 10:59 | Report Abuse

So how many share counter price will grow step by step on time coming?

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

https://www.thestar.com.my/business/business-news/2018/07/12/final-price-of-lrt3-reduced-by-47pct-to-rm16pt63b-says-prasarana/

Posted by ChickyWaWa > 2018-07-12 11:20 | Report Abuse

HSR very hard to judge as the project actually didnt start yet. But ECRL has a high chance to resume as the project already started. As long as PH can renegotiate the cost structure, the project is likely to go on, just like what happened at LRT3.

However, unlike LRT3. PH have to deal with foreign government for both HSR and ECRL projects. The negotiation process is going to be very tough and could take a long time.

It depends on how patient you are.

Posted by bubu > 2018-07-12 11:23 | Report Abuse

今天强力反弹，怎么没人出来呐喊助威？

Posted by FairTalk > 2018-07-12 12:03 | Report Abuse

A good news that there is no cancellation for LRT3 and the government is willing to increase the price of the project. That means the Government has reviewed the project. Very positive for GKent. Speculation that GKent will not be given any future projects is absurd and not logical
as long as GKent is able to put in competitive tender no reasons why GKent could not win future projects. This counter is oversold. Do you own calculation and homework.

Posted by iLinks97 > 2018-07-12 12:17 | Report Abuse

buy this or Gabungan better ?

Posted by isupertrader > 2018-07-12 12:35 | Report Abuse

Refering to Ray1980, while it is true public listing company will get lesser with present government in terms of earnings, it will also gear them to focus on contracts from other sources. And to say you cannot earn from government is an understatement. It was more like previous times the company's in relation to government project is absurdly high profit margin with low quality material and work; remember the collapsed stadium incident? I don't know whether to laugh or cry. A bit of both..

Posted by williamtkb > 2018-07-12 12:38 | Report Abuse

Are you sure PH want to increase the price for LRT3 project? I read they want to cut cost 6billions. If so, PN17 also possible. Good luck to all.

Posted by rizerlee > 2018-07-12 12:42 | Report Abuse

http://www.theedgemarkets.com/article/george-kent-mrcb-after-lrt3-set-proceed

He said this will include all project costs, including but not limited to Work Package Contracts (WPC), land acquisition, project management, consultancy fees, operational and overhead costs, as well as interest during construction.


Project cost will be cut 47% and how much of profit will affected to both Gkent & MRCB ?
LGE statement clearly stated there will be no more Variation Order in future.
It seems like government is telling the JV : We will only pay this much, take it or leave it

Posted by ray1980 > 2018-07-12 12:54 | Report Abuse

Project will built complete on year 2024?All costs will gain! Have more risk on this period.

Posted by ray1980 > 2018-07-12 13:01 | Report Abuse

Stop will die but running the project panic also.求生不能，求死不得。

Posted by TEEXIAN1840 > 2018-07-12 13:01 | Report Abuse

no VO claimed. ok la, at least project still go on rather than nothing...

Posted by TEEXIAN1840 > 2018-07-12 13:04 | Report Abuse

proceed and at the meantime can develop kamcheng between new government...

Posted by Patrick13 > 2018-07-12 13:13 | Report Abuse

In addition, the construction of the LRT3 project will be restructured from a PDP model to a “fixed price contract” with MRCB-GK JV. This will ensure that the price will be fixed and will not be subject to cost overruns. The details of this contract will be disclosed at a later stage.

Read carefully, RM16bil is the final project cost. Any cost overruns shall be borne by Prasarana, George Kent and MRCB.

Posted by Ron90 > 2018-07-12 13:17 | Report Abuse

down the road everybody will lupa the pledge to capped the budget at certain amount. It is not easy to capped budget for any construction due to valid and reasonable unforseen circumstances. Later on, next 2 - 3 years if needs additional cost, ppl olready forgot la..no more talk about LRT3, HSR, ECRL, etc..other matters sure crop up.

Posted by ray1980 > 2018-07-12 13:37 | Report Abuse

Power sectors company is new 'Vip' for new government now.Ha ha.

Posted by peterchu > 2018-07-12 13:47 | Report Abuse

pity those throw like mad below 1 yesterday

Posted by williamtkb > 2018-07-12 13:50 | Report Abuse

Better run and exit from GKENT… the risk of losing all your money is higher. 16billions cost down for LRT3 project.

Posted by beachboy > 2018-07-12 14:06 | Report Abuse

I just realize warrant for CG is very cheap still got 6months to go.... hmmm ... i will collect a bit

Posted by FairTalk > 2018-07-12 14:09 | Report Abuse

LRT3 price is increased to 10 16 Billion as what I read in the financial news due to escalating costs such as steel and labour. No cancellation of LRT3. Very Good for GKent. You judge for yourself. Do not understand why this counter price is so undervalued. GKent's chances are as good as others in winning future projects if they submit competitive bids. Cheers

Posted by FairTalk > 2018-07-12 14:17 | Report Abuse

sorry the final price is about RM16 Billion typo error.

Posted by Ron90 > 2018-07-12 14:19 | Report Abuse

exercise price for warrant CG at 3.88 still too high. difficult to achieve within this year.

Posted by beachboy > 2018-07-12 14:27 | Report Abuse

today 2nd half will boost up more

Posted by FairTalk > 2018-07-12 14:29 | Report Abuse

LRT3 is viable and feasible otherwise the government will not increased the price tag to RM16 Billion. They have studied the project and the costs overrun apparently was not attributed to GKent.
This latest news is very positive for GKent. No reason why GKent cannot win more projects under Pakatan if they submit competitive bids. Do not listen to rumours posted by people with vested interest. Again do your own homeworks.

Posted by Maurice1688 > 2018-07-12 14:35 | Report Abuse

what happened? any insider? hsr on going?

Posted by ChickyWaWa > 2018-07-12 14:35 | Report Abuse

What makes the price suddenly shot up 16sens? More good news?

Posted by Cockroach Paul Lee > 2018-07-12 14:37 | Report Abuse

why so negative thinking one... put ur money in bank, fix FD la ....
buy buy buy....just buy la...Gkent give everyone water meter for free lol

Posted by Ron90 > 2018-07-12 14:37 | Report Abuse

ayoo..miss the train ar ?..

Posted by Ron90 > 2018-07-12 14:38 | Report Abuse

hloy Sh17...please sky rocket !! :-)

Posted by malpac63 > 2018-07-12 14:40 | Report Abuse

They only SBB 3 million shares. Still need to buy another 52 million shares.

Posted by Pc Tan > 2018-07-12 14:43 | Report Abuse

buy,buy,limit up today

Posted by dompeilee > 2018-07-12 14:44 | Report Abuse

dompeilee Down some more? No sweat! I only bought 655 units @ 1.12 that day...lots of bullet$ left 2 average down =)
11/07/2018 16:12

Unfortunately, I only averaged down sikit today...cheh!

Posted by Ron90 > 2018-07-12 14:46 | Report Abuse

lucky able to increase stock first minute in the afternoon session

Posted by astalavista > 2018-07-12 14:48 | Report Abuse

Back to 4

Posted by m_aloha > 2018-07-12 14:49 | Report Abuse

Good..congrats for those buy low yesterday

Posted by LaksaBoy > 2018-07-12 14:49 | Report Abuse

limit up 1.29 plssss

Posted by Cockroach Paul Lee > 2018-07-12 14:50 | Report Abuse

there were a lot of ppl with cash in hand...waiting a timing to buy gkent...this time back to 2.00 liao

Posted by Secret > 2018-07-12 14:50 | Report Abuse

Let move up to 1.3!

Posted by Maurice1688 > 2018-07-12 14:51 | Report Abuse

at the rate, i guess its possible to go up to 2 with another 52 million share buy back

Posted by PN17 > 2018-07-12 14:52 | Report Abuse

wow, Gkent going to limit up

Posted by Maurice1688 > 2018-07-12 14:56 | Report Abuse

huge support @ 1.22, congratz everyone lets make it to 2

Posted by WVB 68 > 2018-07-12 14:58 | Report Abuse

go go go today limit up

Posted by PlsGiveBonus > 2018-07-12 15:01 | Report Abuse

All fun manager cornering one gkent?

Posted by BN_forever > 2018-07-12 15:03 | Report Abuse

Not BN crony? Why become PH crony?

Posted by BN_forever > 2018-07-12 15:04 | Report Abuse

PH resign is it?

Posted by BN_forever > 2018-07-12 15:06 | Report Abuse

LGE stingy man resign?