SHQuah Previously market down is time to collect cheap, Mark up time to sell ? Now Market down investor sell, Market up investor chase ?
Everyone just follow US Market. No more looking at company fundamental. ------------------------ lol, obviously you dont know gkent do what. let me tell you.
gkent start from selling water meter ...
then out of no where, suddenly this company turn into construction company, building lrt ... boss is najib good friend ...
getting massive profit from lrt .... share price rose to 4 from 1 ... give bonus share ...
then after 509, fall of najib, gkent also limit down twice from 3.2 ...
until today 0.79, company fundamental got change or not ?
if you still continue to wait the quarter report and hope it will revive the price, i can tell you no need.... even company get massive profit from lrt, entire world also know it will not get such profit anymore in future because no more lrt to build.
Even QR profit good also useless, whole world market sentiment is negative.. Like yesterday Top Glove announced good profit, share price today still drop. People rather to take back cash quickly instead to hold stock for long term at this moment..
In April 2017, Prasarana announced that the MRCB George Kent joint venture (JV) was selected as the PDP for the LRT3 project, beating six other tenderers.
The other tenderers considered at the final evaluation for the construction of rail project were IJM Corp Bhd, MMC Gamuda JV, Naza TTDI Sdn Bhd-CSR Zhuzhou Electric Locomotive Co Ltd JV, Sunway Construction Bhd, UEM Group Bhd and WCT-Alloy MTD JV.
what make u said this? means news came out stated Gkent and MRCB will continue LRT# with half price was a fake news? -------------------------- those are old projects. what people concern is the future.
Investors are zeroing in on this idea of slower growth for 2019," said Michael Arone, chief investment strategist at State Street Global Advisors. "More people are worried about a recession in late 2019 or 2020.
SHQuah Gkent 368 million Cash in Hand ? Can a company with 368 million cash in hand going down to 50 sen ? ----------------- why not. lol. u think the 368 million very big
Will rebound when dow going green again. Dow will rally after us fed stopping the rate hike. After that i think is a good time for the company to announce the QR report
PN17 no one actually knows bro. We can only speculate. We can only know when the QR is released. Right now market sentiment takes place. Dow red klse red then all companies red
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....
thokp
8 posts
Posted by thokp > 2018-12-18 10:31 | Report Abuse
bought at 1.3x