Think today is opportunity to accumulate more due to DJI down 600+ point. The fact telling price will not easily shot up in this month due to uncertain / known expected bad budget 2019.
Dun worry on namelist, whole world is facing down trend not only Gkent. Even SBB will not help, unless big mouth LGE come out with solution, but i dun think so, he only said previous government bad but not himself sitting there do nothing
The company began to buy back the stock from June 2018 to October 25, the stock price ranged from RM1.01 to 1.48, a total of 9555.500 shares were accumulated.
Last night DJI rebound 400 points, but it meaningless to KLCI due to lack of foreign fund and pre-budget 2019, furthermore PH every movement and "mouthment" can easily cause crash.... Moreover with any good news to push up prices. Anyway with strong fundamental and confirmed orderbook value, Gkent is still one of the best counter to accumulate
Date of buy back 25 Oct 2018 Total number of shares purchased (units) 200,000 Minimum price paid for each share purchased ($$) 1.040 Cumulative net outstanding treasury shares as at to-date (units) 9,555,500
Gkent is a company with small paid up capital, if everyone can work as a team, hold and don't sell, Share price can go up very high. So please don't key in sell.
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 > 2018-10-24 18:34 | Report Abuse
With cash can buy over related company in other country M&A grow faster