Yesterday, there's 2 important indicator. Broke the 1800 points indicated market is gearing towards bullish momentum as well as Gkent broken first resistance, the next resistance is quite far away at RM1.60 which is a good sign.
When a good company is depressed, there is a historical investment strategy known as double-up and it happens about 2-3 times. The double-up caused by compressed price when a company price is way below par true value (NTA). When this happens, a shooting star phenomenal occur bringing price up between 10-20 cents. Unfortunately, it will come least expected often to the shareholders who has already position their share upfront.
Hi guys , to be fair i admit there's tons of short term euphoria price went up.
I would say that to promote positive market sentiments for certain stocks, Stock traders or research firm analysis will WRITE GOOD COMMENTS or PUBLISH HIGH TP to create illusions of good sentiments for certain stocks.
According to my observation, GKENT has always trace back to RM 1.30 when RM1.5++ has reached. The construction sector's future will be highly dependant of government's fiscal budget.
Do remember that government has emphasis A LEAN BUDGET to reduce debt as an overall big picture.
Yeeling... Gkent not only related in ECRL. Gkent involved in everywhere every house /warehouse/condo/building and 40 countries around the world.... best water meter /made in Malaysia / made by Gkent / ...i wanna go gkent interview , dunno got salesman vacancy or not? haha
Cockroach Paul Lee Yeeling... Gkent not only related in ECRL. Gkent involved in everywhere every house /warehouse/condo/building and 40 countries around the world.... best water meter /made in Malaysia / made by Gkent / ...i wanna go gkent interview , dunno got salesman vacancy or not? haha
All the best. Share us some tips if u on board to thr company.
yeeling , this counter too danger for u....better walk away dont come back ever..... people lies ,cheat, ugly , smelly , RUN .......run ....run bever come back.
Gkent Current PE : 7.08 Profit margin : 21.70% ROE - 27.21% Dividend Yield : 6.25 % Cash : 396.74mil Short term loan : 51.02mil Long term loan : 2.21 mil Current liabilities : 399.91 mil Current assets : 682.76mil Shareholders Fund : 468.44 mil Numbers of shares : 594,130,137 shares Less than 1 billions shares
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....
ATARAH
4,026 posts
Posted by ATARAH > 2018-08-08 16:52 | Report Abuse
KLCI pa1800 beginning of mini bull run