if u want to follow bank, just sell. bank will collect. after gkent get new project, bank give higher TP, then they throw to u. this is the life of sheep.
Fully agreed that there is value for this share as the projects secured by GK are intact and will bring in revenue for the company. No reasons why this counter was sold down.
the worst price predict is 1.17 by HLB Inv 1.17 not the target price... 1.17 is the price HLB wanna buy, i guess HLB miss the train. hahahahahaa..... TP 1.80 ....gogogog
the original project cost for LRT3 = 9b (6% pdp fees) with WO claim. latest cost of the project after reconsidered with 4 years extended construction time frame without WO claim = 16.6b (6% pdp fees). these is the reasons why KENANGA still maintain buy call with target price of $2.200.
if already bought at rock bottom, why worry about the fluctuation at higher price?. Of coz la IB and epf will set some mouse traps along the way..huhu. Happy trading :-)
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Sarara
165 posts
Posted by Sarara > 2018-07-14 00:54 | Report Abuse
the valuation of gkent is at least 2.50-3. Currently is still good to buy in. FASTER COLLECT BEFORE IT SKY ROCKET !!!