correct me if i am wrong----gkent is just a project manager Or "time-keeper"---Hardware (the train-- direct nego. from PM dept.) Signalling sign and wirings had sub-contractor(s)----Land acquired by PM Dept.-------Left back Variation Orders that give Big chunks profits is taken away by PH or Mahathir( he knows how Najib makes money)
I remember last QR, people were expecting good result and therefore the share price shoot up to RM1.40+ before QR released. After so-so QR released last quarter the share price keep dropping from RM1.40+ until today... Looking at the price trend today, coming QR wouldnt be good. RM50k trapped... Fuk.
Gkent had gained a lot experience in managing LRT construction But all-in all it is still Najib "money tree" All revenue/profit is literally given to Gkent without much work---Needless to say, a Big group of Bumi contractors are depending on Gkent for projects. Bcoz of politics, PH will slowly tear this Co. apart
Jaya, so u think it will rebound back because it is fundemental strong. But most profit come from lrt 3. U think gkent can get more contract? Or u think their other busines can cover for lrt?
Just keep your wits about you and don’t worry about the share price too much. Market is just there to set prices, we should take advantage of it rather than let the market influence our emotion. Evaluate on demonstrated facts rather than rumors.
John Brooks I shall wait a bit longer as I think it will close at 84 I do think other contracts will come in Water meter alone won’t cover lrt Thus I would like to see the balance of the order book without lrt going forward And at this price hopefully the div returns will be better than fd
In the current situation fundamental means nothing.We are more towards market sentiment. It is not ph gov fault though, you should blame mr orange face trump. If global recession happen in the next few years thats the person whos gonna take the blame. He and his stupid trade war idea making the market goes sideways for the last 3 months and now it is plummeting.
Just hope that gkent wont announce their qtr report during the red market. People will overreact like what happened to VS. Profit down 13% only, but suddenly price went limit down. Crazy one
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....
JJchan
7,182 posts
Posted by JJchan > 2018-12-17 09:56 | Report Abuse
correct me if i am wrong----gkent is just a project manager Or "time-keeper"---Hardware (the train--
direct nego. from PM dept.) Signalling sign and wirings had sub-contractor(s)----Land acquired by
PM Dept.-------Left back Variation Orders that give Big chunks profits is taken away by PH or Mahathir( he knows how Najib makes money)