Posted by Jonathan Teh > 2018-07-16 09:29 | Report Abuse

Ya lo. go go go working..

Posted by calvinsia > 2018-07-16 09:33 | Report Abuse

no worries, strong support @1.40.
will fly again soon..

Posted by Ron90 > 2018-07-16 09:42 | Report Abuse

if it does not fly, but surely it wont drop back to 1.10

Posted by beachboy > 2018-07-16 09:52 | Report Abuse

Gkent son still very cheap

Posted by peterchu > 2018-07-16 09:54 | Report Abuse

those are not son, those are anak nikah ...

Posted by Sarara > 2018-07-16 09:54 | Report Abuse

faster buy before it too late !!! it will fly high sooner than you expected !!!

Posted by WanUtama2015 > 2018-07-16 10:57 | Report Abuse

with PDP contract terminated & given Work Package Contractor contract with fixed contract price, this is going to be a high risk for a bad performing consortium. Looks good now but let us see how do they run the project.

Posted by ray1980 > 2018-07-16 11:18 | Report Abuse

No need to monitor this marathon because as long as years 2024! Ppl maybe die already.

Posted by beachboy > 2018-07-16 11:24 | Report Abuse

Bought cg at 0.03 level... really good deals.. i think it will reach 10cent within 3months.
End of January only expired so still got time increase

Posted by Maurice1688 > 2018-07-16 11:34 | Report Abuse

very strong support

Posted by Ron90 > 2018-07-16 11:36 | Report Abuse

3.88 on early next year, even 1 cent i consider very risky

Posted by TEEXIAN1840 > 2018-07-16 11:38 | Report Abuse

taruk 1st. belakang kira...

Posted by Maurice1688 > 2018-07-16 11:39 | Report Abuse

Too dumb I panic sold at 1.37 this morning hoping the price to fall further but seems like support is too strong

Posted by TEEXIAN1840 > 2018-07-16 11:43 | Report Abuse

good horse can always eat turn head grass, still can buy back @ higher price, aim for higher targets.

Posted by isupertrader > 2018-07-16 11:43 | Report Abuse

Technical support is now at RM1.40 which overcame selloff earlier. The bullish support against selloff is good news. From momentum benchmarking, short term traders seems to be holding on to their shares to expect another strong price rally the next few days.

Posted by TEEXIAN1840 > 2018-07-16 11:45 | Report Abuse

yes, exactly.

Posted by Ron90 > 2018-07-16 11:56 | Report Abuse

ya..consider the support level, so can start to play hard again..like previous game at rock bottom 1.05 cent :-)

Posted by nasaie24 > 2018-07-16 12:23 | Report Abuse

chart looks bullish

Posted by Hope88 > 2018-07-16 12:36 | Report Abuse

now look stop.moving

Posted by Maurice1688 > 2018-07-16 12:49 | Report Abuse

Sold 1.37 and re enter 1.4 foolish me, too afraid of missing the train

Posted by royt1081 > 2018-07-16 13:11 | Report Abuse

Bullish chart style remained, let’s see this afternoon.

Posted by whizzkid > 2018-07-16 13:19 | Report Abuse

up down..up down..down...up..tarak tahan lo

Posted by TanK0318 > 2018-07-16 13:23 | Report Abuse

awww， down down down

Posted by peterchu > 2018-07-16 13:27 | Report Abuse

lol ... up almost 50% from 0.99 ... you all really think will 1 shot go 1.8-2.0 ?

hahaha ... know to buy must know to sell

Posted by wlswls > 2018-07-16 14:43 | Report Abuse

9

Posted by Oliveoil > 2018-07-16 16:45 | Report Abuse

Up up up !

Posted by Tsyj > 2018-07-16 16:50 | Report Abuse

Who said today will limit down? Pls...study b4 comment ya....

Posted by Witty > 2018-07-16 16:51 | Report Abuse

Why limit down?? Unless got very bad news la. Where got easily everyday limit down.

Posted by Maurice1688 > 2018-07-16 17:22 | Report Abuse

if we are lucky, with reduced cost of mrt3, penang lrt, and hsr news, no prob for gkent to reach 3

Posted by lachai2004 > 2018-07-16 19:46 | Report Abuse

http://www.klsescreener.com/v2/news/view/404907

Posted by lachai2004 > 2018-07-16 19:48 | Report Abuse

"With its future projects more or less gone, most market watchers and analysts were banking on CCCC-George Kent JV’s MRT2 contract to maintain its earnings. Now, even that seems to be in trouble."

Posted by PiddleMinger > 2018-07-16 20:19 | Report Abuse

I would love to see another sell down in Gkent. Good opportunity for me to get back in. HSR meeting with spore at the end of the month. Wont be surprised if HSR is revived.

Posted by hornbill > 2018-07-16 20:22 | Report Abuse

Tomorrow limit down again huiz..

Posted by viagra > 2018-07-16 20:27 | Report Abuse

In the statement didn't stated is bad new or good news rather than an old news

Posted by Tsyj > 2018-07-16 20:27 | Report Abuse

See...Ppl said tomorrow limit down again.......

Posted by Maurice1688 > 2018-07-16 20:40 | Report Abuse

Guess those shouting limit down are those who missed the train, I believe this counter worth more than 2

Posted by longtermvaluegain > 2018-07-16 20:58 | Report Abuse

Trouble brewing at CCCC-George Kent JV

https://www.theedgemarkets.com/article/trouble-brewing-ccccgeorge-kent-jv

THE relationship between China Communications Construction Co Ltd (CCCC) and its joint-venture (JV) partner George Kent (M) Bhd is understood to be fraying at the seams because of issues. The two companies have a joint venture called CCCC-George Kent JV on a 51:49 basis.

The cause of the problems is understood to be the RM1 billion systems work package for the Sungai Buloh-Serdang-Putrajaya mass rapid transit line (MRT2), which the two companies had bagged in August 2016.

Sources say the dispute has reached the ears of higher levels at Mass Rapid Transit Corp Sdn Bhd (MRT Corp), which is the developer and asset owner of the multibillion-ringgit Klang Valley Mass Rapid Transit project.

George Kent executives did not respond to emails or messages from The Edge. However, MRT Corp CEO Datuk Seri Shahril Mokhtar, although he declined to comment on any feud that might exist between the two, says, “We are watching them (the JV) closely.”

Slated to connect 35 stations, the RM32 billion MRT2 covers 52.2km, some 38.7km of which are elevated while 13.5km are underground.

As at April this year, 25% of MRT2 had been completed. The first phase, from Sungai Buloh to Batu Kentonmen, is scheduled to start operating in the third quarter of 2021 and be fully completed a year later.

Without any replies from George Kent, it is difficult to gauge how issues concerning the contract may impact the company or its RM5.38 billion order book.

Meanwhile, CCCC has been facing challenging times in Malaysia.

News of problems at CCCC-George Kent JV comes on the back of the Malaysian government suspending work on the RM81 billion, 688.3km East Coast Rail Line (ECRL) project, in which CCCC secured the engineering, procurement, construction and commissioning contract in Nov 1, 2016.

It is also worth noting that CCCC, in partnership with China Communications Construction Company (M) Sdn Bhd, might have been one of two companies shortlisted by the Barisan Nasional government for the construction of the RM45 billion MRT3, which has since been deferred.

George Kent has seen better times as well. Its chairman, Tan Sri Tan Kay Hock, who controls 42.21% of its equity, is known to be a close associate and golfing buddy of former premier Datuk Seri Najib Razak.

Some say George Kent’s success in recent years was the result of strong political connections, among others. Its fortunes changed when, from dealing in water meters and trading at 15 sen, the company diversified into rail construction, largely through joint ventures. In August 2012, via a JV with Lion Pacific Sdn Bhd, George Kent won a RM955.84 million contract for the Ampang light rail transit project from Prasarana Malaysia Bhd.

And in a tie-up with Malaysian Resources Corp Bhd, it secured the role of project delivery partner (PDP) in the RM9 billion LRT3 that links Bandar Utama to Johan Setia, among other lucrative, large rail jobs.

George Kent’s stock hit a record high of RM4.36 on March 15 this year, buoyed by the many rail jobs it was said to have won. Earlier in the year, before GE14, RHB Research and Hong Leong Investment Bank Research had “buy” calls on George Kent and target prices of RM5.19 and RM5.66 respectively.

However, since the BN government was toppled, things have taken a turn for the worse at George Kent, and the market has reacted to the uncertainty surrounding the company.


The sell-down in George Kent can be attributed to its weak earnings prospects. To recap, George Kent had formed a consortium with MMC Corp Bhd and Gamuda Bhd to challenge CCCC and China Communications Construction Company (M) for the MRT3 project.

And in partnership with four European companies — Siemens, Alstom, Ferrovie dello Stato Italiane (Italian state railway) and PORR AG — George Kent was looking to bid for the asset company role in the KL-Singapore high-speed rail project, which has also been shelved.

With its future projects more or less gone, most market watchers and analysts were banking on CCCC-George Kent JV’s MRT2 contract to maintain its earnings. Now, even that seems to be in trouble.

Posted by Oliveoil > 2018-07-16 21:23 | Report Abuse

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=2ahUKEwjxy7Le26PcAhUUdCsKHdXRD5wQqUMwAHoECAUQBQ&url=https%3A%2F%2Fwww.todayonline.com%2Fworld%2Fmalaysia-singapore-meeting-hsr-end-month-reports&usg=AOvVaw0G2OCcKA2rd1KMoRZJ2JJD

Posted by flashprofits > 2018-07-16 22:35 | Report Abuse

https://www.edgeprop.my/content/1406577/revised-lrt3-plan-positive-george-kent

Basically an old news and recycle news.

Posted by royt1081 > 2018-07-16 22:40 | Report Abuse

I think these news no longer have real impact unless something concrete. Let’s wait for HSR announcement then. Up or down for now should remain minimal since no ground for massive sell down or buy up.

Posted by Ahza Adhwa Zulkepli > 2018-07-17 00:13 | Report Abuse

http://www.theedgemarkets.com/article/trouble-brewing-ccccgeorge-kent-jv What is meant by this? Good or bad?

Posted by Jack888 > 2018-07-17 08:51 | Report Abuse

Keep on watching...still in uptrend !!

Posted by Roger Lim Tau Kiat > 2018-07-17 10:16 | Report Abuse

Yayaya, RM4 coming again, azmin Ali will award hsr PDP to a water meter manufacturer again.

Posted by ariffrazak > 2018-07-17 11:01 | Report Abuse

Selling finished by 12:30. Price will move up once market reopen in the afternoon

Posted by Ron90 > 2018-07-17 13:01 | Report Abuse

ride the wave this afternoon, if not, tomorrow

Posted by Witty > 2018-07-17 15:12 | Report Abuse

Cornering. Reserve.

Posted by TanK0318 > 2018-07-17 15:55 | Report Abuse

Please bliv rr88.. he is good

Posted by Sam1026 > 2018-07-17 16:04 | Report Abuse

Habis

Posted by kh > 2018-07-17 16:09 | Report Abuse

i still in the boot .. crying ...

Posted by frans88 > 2018-07-17 16:34 | Report Abuse

TanK0318 Please bliv rr88.. he is good
17/07/2018 15:55


rr88 Sold!
17/07/2018 16:04

Previous comment say can fly more, than end up delete own post, than post again SOLD!!

Really GOOD, GOOD in Conning......