Posted by LaksaBoy > 2018-10-01 10:47 | Report Abuse

there are certain speculators keep buying before the QR release hoping that the results are too good enough to push the share price to next level. But when the results was not as what they expected, they have no choice but to dispose their shares. Once they have dried up their share, the uptrend will resume. Don't worry guys!

Posted by William Choong > 2018-10-01 11:24 | Report Abuse

Well say LaksaBoy, share investment always buy when other force selling and sell off during price has been pushed to certain target. Like Gkent which has been compressed to low level for me is great to accumulate slowly, once goreng time will dispose slowly too.

Posted by Comeonbaby > 2018-10-01 15:15 | Report Abuse

Gkent ....When u will wake up....damn boring u know

Posted by SHQuah > 2018-10-01 16:19 | Report Abuse

Once the construction work of LRT3 officially start next year & Kuala Lumpur-Singapore High-Speed Rail (HSR) start in 2020, Gkent and MRCB will recover very fast.
So just wait.

Posted by Tarrance Schu > 2018-10-01 17:07 | Report Abuse

TP2.20? now drop like hell

Posted by AlphaJuliet1708 > 2018-10-01 18:37 | Report Abuse

Should I buy some?

Posted by Maynot > 2018-10-01 20:55 | Report Abuse

@AlphaJuliet1708 Wait until support 1.20

Posted by SHQuah > 2018-10-02 09:10 | Report Abuse

What wrong with Gkent, continue selling down ?
Why no more share buy back ?

Posted by RainT > 2018-10-02 10:23 | Report Abuse

Company director realise it's hopeless to continue to share buy back

Waste of mone , waste of company resources

This, they let the share price to be free fall

Going to rm1.00 soon

Posted by RainT > 2018-10-02 10:24 | Report Abuse

After Budget 2019 announce next month , will go to rm0.80

Bad construction sector outlook expected

Posted by William Choong > 2018-10-02 10:32 | Report Abuse

How many lot you have? RainT

Posted by SHQuah > 2018-10-02 10:46 | Report Abuse

I hope the management team could proposes bonus issues 1 for every 2 shares.
That is the only way could support the share price.

Posted by KassimBaba7 > 2018-10-02 10:52 | Report Abuse

There likely still is share buyback.. Resistance is especially strong a few sen below the active trading price. Some of their announcement was done late, but am curious which potato is actively selling down

Posted by SHQuah > 2018-10-02 10:58 | Report Abuse

Please do not buy Gkent if you have no plan to Pick Up for long term.
All Contra players is not welcome.

Posted by loico > 2018-10-02 11:24 | Report Abuse

falling knife

Posted by Comeonbaby > 2018-10-02 11:56 | Report Abuse

Continue 5days down d

Posted by Comeonbaby > 2018-10-02 12:15 | Report Abuse

We will never knew about this ....Btw ,fkkk this stupid gkent ..Up down up down ..So regret why I not moved all to reach on last three week.

Posted by Maurice1688 > 2018-10-02 12:25 | Report Abuse

useless counter

Posted by azhani > 2018-10-02 12:59 | Report Abuse

Wait at support.. see if can rebounce or continue drop...

Posted by oasischeah > 2018-10-02 14:11 | Report Abuse

This counter will rebound after it touches 1.20. Mostly sold to buy O & G counters for now.

Posted by RainT > 2018-10-02 14:17 | Report Abuse

I have 18 lots only , cost price is around above RM3.00

Holding before GE14 until now

Still hoping to minimise my loss but seem that is not the case

GKent most of the time drop only , one way ticket only ....haiz

Posted by oasischeah > 2018-10-02 15:22 | Report Abuse

Be patient and wait for around 1.20. It should come down soon with the many forced selling.

Posted by SHQuah > 2018-10-02 15:50 | Report Abuse

NO money don't buy, why buy and later get force selling.

Posted by SHQuah > 2018-10-02 15:53 | Report Abuse

finance ministry has given the green light for the construction work of LRT3, the project cost review and ongoing negotiations between the George Kent-MRCB joint venture (JV) and the government took longer than expected. Nonetheless, management remains hopeful that it is able to reach a conclusion with the government on its role in LRT3, which is highly likely to be converted from the role of a project delivery partner (PDP) to the role of a main contractor. As for project cost review, management has indicated that it would take eight to nine months for the George Kent-MRCB JV to finalise the reduced project cost and only expect construction work to be back on full swing in second half of calendar year 2019.

Posted by SHQuah > 2018-10-02 15:54 | Report Abuse

Wait for second half of next year 2019.

Posted by oasischeah > 2018-10-02 16:01 | Report Abuse

Don't buy now even at 1.22 or 1.23. Let them press the price even lower to 1.20

Posted by azhani > 2018-10-02 17:52 | Report Abuse

If break support at 1.19,it will cont drop..

Posted by William Choong > 2018-10-02 20:29 | Report Abuse

Since stepped in to Gkent, i just thinking counter with profit, dividend, low PE, continuous grow etc. What else need to worry about as my entry point at 1.43, investment always keep calm and steady not like those dropped just a margin % already wanted to jump from 60 floor. Please move out and look at other counters, most like hell sucking investors blood without giving a single cent of return.

Posted by Oliveoil > 2018-10-02 21:36 | Report Abuse

Extraordinary

Posted by amzarb44 > 2018-10-02 22:42 | Report Abuse

William choong yes I agreed with you....I just cutloss when the company doesn't grow or the profits doesn't increase 5 quarters In a row....gkent hv good FA nothing to worry about

Posted by Valcllim > 2018-10-02 22:47 | Report Abuse

gone lah this counter. budget coming soon. u guys think pm will give project ??

Posted by sell > 2018-10-02 22:51 | Report Abuse

Tun M/LGE said govn priority is to reduce RM 1 trillion debts.

Posted by William Choong > 2018-10-02 23:01 | Report Abuse

When come to politic always dirty, who care about the budget and debts, as long as PH not perform to turn around country economy, they will step down too. If they do so, whole share market will be a new hot cake to foreign investors because our share is really cheap. My solution if scare to loss better keep it in FD rather than high risk share market.

Posted by Jaya > 2018-10-03 07:01 | Report Abuse

More downside today

Posted by SHQuah > 2018-10-03 09:21 | Report Abuse

Just imagine if in future Dr M cancel CCCC projects and give to local constructions company like Gkent and MRCB with half the cost, nobody know what Dr. M thinking. That may be another few years.

Posted by speakup > 2018-10-03 09:25 | Report Abuse

if Tun M cancel CCCC project & gkent drop like sh*t, it's najib's fault! https://www.malaysiakini.com/news/445709

Posted by SHQuah > 2018-10-03 09:30 | Report Abuse

But sooner or later someone have to continue the projects, I am sure Dr M will give to local company. But don't know when we could have the budget.
But I think it is oversold.

Posted by isaac225 > 2018-10-03 10:02 | Report Abuse

good future for Gkent, despite of the cash and zero debt, the average revenue is there although market going down which make sense the management doing their job.

Posted by RainT > 2018-10-03 10:40 | Report Abuse

Yes, I will hold and hug Gkent. ..will not sell it

I still trust 60% on Gkent prospect

Posted by oasischeah > 2018-10-03 11:18 | Report Abuse

Just wait for it to go to at least 1.20. to buy in. It is slowly getting there and hopefully today or tomorrow.

Posted by SHQuah > 2018-10-03 11:20 | Report Abuse

At current price, the dividend % is better than Bank FD and EPF

Posted by guanteik > 2018-10-03 11:24 | Report Abuse

SHQuah, yes at current price. It's even better when the price drops :)
Anyway, I am also an investor at GKENT and I feel the bleed effect looking at the paper loss.

Posted by SHQuah > 2018-10-03 12:12 | Report Abuse

Chairman Tan Sri Dato' Tan Kay Hock is holding 37.44% of Gkent shares.
I don't understand why he did not do anything to support the share from falling.

Posted by Alibaba > 2018-10-03 12:13 | Report Abuse

RM 1.20 finally ....

Posted by SHQuah > 2018-10-03 12:29 | Report Abuse

Today buy 3204 - BIG $5 Small $5 Toto, Magnum and 4D

Posted by apolloang > 2018-10-03 12:35 | Report Abuse

like that mana can kaya? buy lah 100 big 100 small and 4A 100. if 1st prize over 1 mil.....hahaha

Posted by RainT > 2018-10-03 12:58 | Report Abuse

Tan Kay Hock is doing the share buy back

Don't say he don't do anything to support the share price

Posted by RainT > 2018-10-03 12:58 | Report Abuse

Can it be lower than rm1.20 ....anybody know ???

Posted by RainT > 2018-10-03 12:58 | Report Abuse

Or rm1.20 is the support price ???

Posted by guanteik > 2018-10-03 13:18 | Report Abuse

RainT, my guts feeling tells me it will go lower than this price. Be prepared for value investing strategy