Be patient guys,QR will be very good then watch the doubters Today profit taking & panic selling by retail Volume low compared to share capital Buy buy buy
If PH time less signing contract i would say we will die sooner... Who will be the biggest spender in one country? You, me or who? Of course government
Whenever the price goes 1.35 someone will try to push the price back to 1.34 by selling down only 1 lot. This happened almost 30 times today. Can someone explain whats the purpose of doing such thing?
KUALA LUMPUR: The light rail transit 3 (LRT3) project, which risked being shelved as a result of its cost rising by more than three times, is expected to resume in November with a reduced budget and revised plans, sources say.
The cost of the LRT3 project was initially tagged at RM10bil. It was subsequently revealed that the initial costs were somewhat misguided as certain costs were not taken into consideration, and on summing up the total costs, the figure had ballooned to RM31.65bil.
Sources also said that there will be no change in the project delivery partner (PDP) which cements the joint venture between Malaysian Resources Corp Bhd and George Kent Bhd (MRCB-GK).
“George Kent will continue to be part of the PDP. There is no change,” said a source.
Will it affect the revenue n profit GKENT get frm this lrt 3 project ????
Yes it will affected but not that much, as Gkent already dropped more than half it's price due to the PH won in election. Thats the reason the Top management keep buy back their share.
This is no doubt a cash rich company, which is why most of us consider GKENT as "good fundamental". Cash rich doesn't mean good stock price (look at STAR for example)
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....
SHQuah
5,363 posts
Posted by SHQuah > 2018-09-20 15:44 | Report Abuse
Anyone got any friend working in Gkent, ask them about coming Q2 result ?