No need to be so emotional shquah. If they keep writing because things it is even better as if the price can go down by 30th April when I receive my dividends I can buy more stock in it.
Why worry about the price? If you are a net buyer of this stock, you should hope that the price go way down while the business goes up. If the price goes up and you want to buy, won’t you have to fork out more to buy the same number of shares?
Join DWL warrant at the price of RM 0.595 before it is too late!!! There is 60 cent of premium from the selling price now! Catch it or you will lose the chance to earn big money!!! Stay tuned!
------------------------------------------------------------------------------------ Posted by (2.6m shares buyback April ) Philip > Apr 23, 2019 7:27 AM | Report Abuse
No need to be so emotional shquah. If they keep writing because things it is even better as if the price can go down by 30th April when I receive my dividends I can buy more stock in it.
This means Bombardier has committed to use an estimated RM700.7 million worth of local content in delivering these contracts. These commitments come under the government's Industrial Collaboration Programme (ICP), a policy that applies to all government procurement activities related to supplies, services and works which exceed certain thresholds; namely above RM50 million for procurement contracts awarded to foreign companies, and above RM100 million for contracts awarded to local ones.
PUTRAJAYA: Prasarana Malaysia Bhd will receive 27 new train sets for the Kelana Jaya (KLAV-27) line of the Light Rail Transit system. Lim said for the Industrial Collaboration Programme (ICP) for KLAV-27 with a contract value of RM1.7 billion, BHC is committed to using at least 35 per cent local content valued at RM600 million. For the RM473 million contract to refurbish the two-coach train sets for the Kelana Jaya line, Lim said BHC has agreed to broaden the local supplier data base for rolling stock.
“The supply of local components and services by 14 local companies is worth an estimated RM100.7 million,” he said, adding local companies’ involvement in the supply of components and services at competitive rates could ensure the rail sector’s sustainability. - Bernama
Gkent going to get Bandar Malaysia smart meter ... Orderbook more than 5 billion, market cap only 700m+ ... Dividend yield 5+% near to 6% .... anyway this company has a net cash of over 200million .... have u seen such construction company with no gearing / debt at all ? interesting ....
the share go up, because of one of substantial shareholder is internally traded at high & low price, which cause the price swinging, this will bring attention to investors to enter in as presumably has big news good announcement instead of nothing good news...
Simple Math, Correct me if i'm wrong LRT3 Total Project RM11.86 billion MRCB - GKENT 50:50 (Turnkey) Project Period 2018 - 2024 (6 years) Project halted with 10% completion
Moving forward when LRT3 resumption (expected 2nd half of the year), what will u expect, just a rough calculation, of course it's arguable on margin due to Retention / Performance bond, but benchmark Turnkey contractor is about 8-10% margin. Deem re- engineering, will be higher margin.
Rm11.86 billion / 2 (50:50) / 6 years = One year turnover about Rm988 million
1Q turnover = Rm244m turnover added 8% margin = Rm79m earnings added a year / Rm19.7m per quarter 10% margin =RM98.8m earnings added a year / Rm24.7m per quarter
Dont forget this 1. Balance MRT2 1B project till 2022 turnover about Rm166m / year for 6 years 2. Hospital 2x project - 277m + 365m , turnover about RM160m / year for 4 years 3. Metering average - 140m anual turnover with over 20% net margin
And do not forget, potential catalyst of project coming in, Klang Valley Double Track, HSR, ECRL, MRT3, PTP penang. GKENT got what it takes to be among the potential winners ..
Share prices are unpredictable. If the syndicate wants to push it up, it will go up anyway with good news or no news. It will not go up eventhough there are plenty of fundamentals to support.
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....
RainT
8,448 posts
Posted by RainT > 2019-04-22 23:28 | Report Abuse
problem is not GKENT apa pun tak ada
just have LRT 3 project only ....
buy on rumour , sell on news
if rumour turn out to be nothing and just rumour ...cannot sell at news , sell at rumour also and loss money