beside railway projects....... Gkent still got 1.2b order book for hospital etc under construction ...... 2yrs 8qr ,each quarter maybe 150m with net profit 10% = 15m then water meter revenue 40m each quarter with net profit 10% maybe = 4m relax la......still got avg 19m profits...wont die until 2019 2020..... after that......eh.........be positive la hahahahahha
Don't worry, Gkent won't go to PN17. it is just they need to get more new jobs. They need to work closely with MRCB as PH like MRCB very much. More work will be given to MRCB.
Rumour Prasarana issued Letter of Intent to GK and MRCB today for RM12bn contract for LRT3, 50/50 JV between GK and MRCB. Known fact - MOF has given large amount of cash to Prasarana to jump start the project, rumor very large cheque being written to MRCBGKJV.
GK trading at RM1, cash in bank RM1 per share, profitable business and now with another RM6bn in order book 2019 to 2023. GK have increased earnings per share each year for 20 years so no dummies, more than good at golf.
New target price for me - RM3 per share, expect massive jump when market realises or announcement made.
Filled my pockets all the way up at this price anyway, soooooooooooooooooooooo cheap and one way.
let this stock take a rest 1st la, just kena heart Attack then want it to fly, how can? No matter what bad news coming, will not much impact to this stock cause it already at btm price. we know that lrt 3 will continue and Alex house need to change water meter, cheer up.
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 > 2018-10-15 07:54 | Report Abuse
https://www.thestar.com.my/business/business-news/2018/10/15/no-inheritance-capital-gains-tax-in-budget/
The much-speculated taxes on capital gains and inheritance will not be introduced in Budget 2019.
Good News......Today Market should rebound strongly.