maybe.....finally.... whatever projects all postponed.....left Proton2 on !!! malaysia boleh............................ or maybe all projects ON ...Proton2 is just a jokes lol
GEORGEKENT COMPANY HAVE BUY BACK SHARE AT 2 DAYS, SURE WILL BE SUPPORT.I THINK WILL FORWARD UPTREND, MRCB WITH GKENT WILL WAITING FOR ECRLAND LRT3 PROJECT LATER SOON.
everything is postponed only la... what jibby have initiated actually all are good project, the only problem waz..he used that to make personal monetory gain ..to buy birkin n bikini
Based on the latest press release by the chairman and company secretaries on 12 June 2018, the company balance sheet is very strong with zero borrowing and net cash of RM343.5M. Where to find another water & construction company in Bursa with a net cash of RM343.5M and continue to give dividend ??? It has an outstanding orders of 5.3B. Water metering business has a compounded annual growth rate of 24% for the last 3 years and export to 40 countries. Revenue has not been recognised yet for the 50% share interest in LRT3 as the government has confirmed to continue this project. If the government continues or postpones MRT3, HSR & ECRL and G KENT is a participant to these projects, it will be a surplus to Gkent. If the government cancelled these projects, the government has to pay penalty to the participants as well. The top management is very committed to buy back 10% of the company shares to reward the shareholders in the long term and to date it has bought back 0.9% company shares.
The market is in red due to rhetoric remark by Mr. Trump to penalize China more so as the results, the Trump man always instill fear perhaps so his family can benefit the market from his news. He is a really a smart guy, knows how to manipulate to his advantage.
As for Gkent, equity market is not perfect. Sometimes when a person is willing to sell you a Mercedez for 50%, it is really a discount. No other factor. Equity market is stupid because it heeds to people's greed or fear and nothing about the company itself. For Gkent, you need buy on people's fear not greed. A falling knife will be your greatest ally.
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....
Tarrance Schu
500 posts
Posted by Tarrance Schu > 2018-07-31 16:43 | Report Abuse
walao myeg up so fast