GKENT newly built cement factory has been completed december last year located in jemjabu district, perak. production line can produce 20 mega tons of cement for the first year. cement supply contract has been signed with CCCC.
it's a good ideas proposed by brother Cockroach Paul with win win exchange format on the ECRL & PALM OIL. if china willing to cut costs on ECRL by giving 0% interest rates and our country export PALM OIL to them with lower costs. thailand also using RICE exchange format on their HSR with china. can suggest to our pm on this matter. cheers...
gkent QoQ grow steadily and dividend quite attractive since price discount from 4.00 to 1.40 Mid-Long Term Gkent will be benefited from ECRL and more projects in Oct
Ercl and rail is a small part of Gkent. Major in metering around the world, so in way the bad rumour was the best thing ever happen to Gkent. Just buy for mid term hold.
Malpac63: ur nightmare comes true. The lowest was 1.37 but it closed 1.40. Did not match mjne as i withdrew the q of 1.39 and bought at 1.42. Never mind got potential
if future profit drop due to lesser construction project ..the dy will not be sustainable
important for the DY to be able to sustain is GKENT continue to make profit and have free operating cash flows to declare dividend
past DY is based when the share price is at rm3.00 range before change of government
now after change of government , GKENT construction contract become uncertain with review this and that, cut this and that ...so we also not sure which one project actually will have & which one will be reduce/cut
and how will it impact gkent profit ...and how the meter biz profit support gkent going forward if construction revenue significantly reduces ...
Gkent only got participate in lrt2/mrt2 and Lrt3. Forgot is lrt2 or mrt2. The profit for gkent will probably drop and dividend wnt be dat mych but it is a chance for u to invest a good company since the price already drop for more than 70%
George kent get a lot of government project even they are not the lowest, Mengkuang Dam, Mahsulung Water Treatment Plan, Hospital Kuala Lipis Phase 1 & Phase 2, Hospital Tanjung Karang, Hospital Putrajaya, LRT 2, MRT 2, and LRT 3. Hopefully all the project going to retender and award to the lowest !
No point to reward to the lowest bidder if they don't experience + quality. But open tender is good to avoid corruption & abuse in power. I think government should reward to the lowest bidder that have good track record + quality jobs. Gkent & Suncon are two of them.
There only a handful of local companies with expertise in the heavy rail and lrt/mrt construction. Whether open tender or otherwise, they will always win the contracts. You won't want your local developer attempting to build your rail routes as it may go very wrong.
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 > 2018-08-14 17:01 | Report Abuse
As long as Tun M in China success . Actually guaranteed success with Robert Kwok