Still maintain my target price of RM2 by year end. Buyback just to generate interest to the public not so much on to push price. If the latter, then might as well spend more than 9% of shares base. Timing is important. By the way, trade at ur own risk.
It will reach around 2-2.5 in this year. Once the announcement make, share price will be soaring high !!! Those din buy when low will be deeply regret for missing the boat !!! HAHAHAHA
The Chairman with controlling interest more than 30% and the company secretaries have confirmed on 12.6.2018 that the company is optimistic for the rest of the year which means they are optimistic for the financial performance.
YEELING concern about MACC... actually i feel the same too previous month ago. but then i found out GKENT (since 1936) JibJib not yet born lol professional in water meter /construction today German Warburg Bank holding Gkent 3.7% (increasing compare to 2017) , Norway fund 1.3% ....n etc foreign fund (i ignore malaysia fund =P ) PBA (penang, LGE is chairman that time) also a customers of Gkent.... n many construction done by gkent....export products to many countries... i believe that Gkent is not just a golf buddy company. Gkent is professional skill company. from that on.....i start collecting Gkent after Jun ... will hold Gkent until it greatest moment... tmr up or down...whatever...i am not a trader everyday buy n sell.... i need to work ....i invest... hope 2019 see profits return! all the best
Also heard form some source G Kent water meter is also ........ ( not insider new) maybe 4th party news related to Selangor Government buy Splash . Now once Gamuda and partners agreed on the price then ..... next will be GKent new . Not sure how it related and where it related. I think water meter ... to be change ? or what...But dont quote me . I always the last party to get new. We see price movement we will know this new sure or no?
In line with the Group’s long-stated Strategic Plan to broaden its income base, the Group has successfully expanded the contribution of its Metering business over the last three years at a compounded annual growth rate (“CAGR”) of 24%. The quarter ended 30 April 2018 saw water meter demand outstrip supply in both local and export markets. Besides Hong Kong and Singapore, the Group exports its water meters to over 40 countries worldwide.
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....
ahtanis
25 posts
Posted by ahtanis > 2018-08-03 15:43 | Report Abuse
princesam, you're not alone...