GEORGE KENT (M) BHD

KLSE (MYR): GKENT (3204)

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Last Price

0.375

Today's Change

0.00 (0.00%)

Day's Change

0.365 - 0.375

Trading Volume

87,400


15 people like this.

18,225 comment(s). Last comment by gkent2000 1 month ago

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2019-05-06 14:16 | Report Abuse

1.03 i will buy some again...hehe

RainT

8,448 posts

Posted by RainT > 2019-05-06 14:32 | Report Abuse

pecah

mamatede

3,950 posts

Posted by mamatede > 2019-05-06 14:49 | Report Abuse

woah what happen to gkent...

RainT

8,448 posts

Posted by RainT > 2019-05-06 15:02 | Report Abuse

WAH

Posted by koaykeelek > 2019-05-06 15:38 | Report Abuse

Last quarterly report:

Item 21: Contingencies

The Company has, after seeking professional advice, treated the contract of a project as qualifying for
zero-rating under the transitional provisions of the Goods and Services Tax Act, 2014 ("GST Act"). The
Royal Malaysian Customs Department ("Customs") has however challenged this and takes the view that
the contract is not eligible for zero-rating. The amount being contested amounts to approximately RM29
million. The Company has appealed against this decision by Customs and the appeal has been fixed for
hearing before the Customs Appeal Tribunal on 21 and 22 May 2019.
Based on professional advice, the Company believes that it has strong grounds in its appeal against the
decision of Customs.

SHQuah

5,363 posts

Posted by SHQuah > 2019-05-06 16:39 | Report Abuse

This could be an opportunity to buy at cheaper price when US and China trade issues.

劉尹光

490 posts

Posted by 劉尹光 > 2019-05-06 16:54 | Report Abuse

what happen to gkent....

Bratt

235 posts

Posted by Bratt > 2019-05-06 17:53 | Report Abuse

Sigh. Yah what happened? Now price drop below the pre-news of ECRL. Something that the public does not know?

Posted by SahamMonk69 > 2019-05-06 19:55 | Report Abuse

Whole market down. The only reason gkent drops more even with low volume is because the buy queue just become thinner since everyone already holding for long term

malpac63

208 posts

Posted by malpac63 > 2019-05-06 20:26 | Report Abuse

Klang Valley Double Tracking to be revived!!

Posted by Cockroach Paul Lee > 2019-05-06 22:17 | Report Abuse

Chinaman investors sold Gkent shares? Margin call is it? Haha

劉尹光

490 posts

Posted by 劉尹光 > 2019-05-07 10:08 | Report Abuse

!When good news come out... i been long awaiting since div until now...

oasischeah

1,461 posts

Posted by oasischeah > 2019-05-07 17:42 | Report Abuse

This is a well controlled syndicated share. You must buy to keep to be sure to make some money. Contra playing on this share is risky.

SHQuah

5,363 posts

Posted by SHQuah > 2019-05-07 18:52 | Report Abuse

Gkent is a Low risk high gain stocks. Buy more.

劉尹光

490 posts

Posted by 劉尹光 > 2019-05-07 19:31 | Report Abuse

@shQuah- i still holding, it... Ystd i add 5lots again.. with total 25k lot....

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2019-05-08 16:04 | Report Abuse

Aiyo...no need waste saliva to buy call...whoever got interest then they will buy...Im waiting more lower to buy some again...
https://www.thestar.com.my/business/business-news/2019/01/26/mrcb-and-george-kent-sign-lrt3-deal-with-prasarana/
Based on news Gkent shall receive their outstanding payment for LRT3 work which has not paid since from last year and i havent see any the cash yet for Gkent for 31Jan2019 and Gkent stated "Furthermore, revenue was not recognised for the Light Rail Transit Line 3 (LRT3) project, which is based on equity accounting for the 50% interest in the project" I feel like not bad since current project foreseeable 11.8bil (50%interest 5.9bil) and water meter from PUB Singapore...

Posted by Vincent Tan > 2019-05-08 16:36 | Report Abuse

rocket incoming guys be ready

Patrick13

1,971 posts

Posted by Patrick13 > 2019-05-09 17:14 | Report Abuse

Call for tenders for KL-SG HSR commercial advisory consultant

KUALA LUMPUR: MyHSR Corp Sdn Bhd will call for a tender for the appointment of a commercial advisory consultant (CAC) for the KL-Singapore high speed rail (HSR) project review exercise today.

According to a statement by MyHSR, the CAC tender looks to address the commercial aspects of the project in line with the Malaysian government's review.

"The appointed consultant will be required to develop a new business model that will produce the optimal project life-cycle cost, as well as, develop updated ridership forecasts, and update the benefits assessment that the project will bring to Malaysia," it said.

On Sept 5, 2018, the governments of Malaysia and Singapore agreed to suspend the KL-SG HSR project until May 31, 2020, while reviews were being conducted.

An ongoing tender was launched in April 2019 to appoint the technical advisory consultant (TAC), which MyHSR said has received encouraging interest from the market.

"With the appointments of both the TAC and the CAC, a comprehensive project review exercise will be completed, and a report will then be prepared and submitted to the Government, prior to the end of the suspension period in May 2020," said MyHSR.

"We encourage all firms with the relevant experience to participate in this tender as the findings of this review will help us chart the right course for this Project. We look forward to receiving similar strong support from the market for this tender.”

https://www.thestar.com.my/business/business-news/2019/05/09/call-for-tenders-for-kl-sg-hsr-commercial-advisory-consultant/

RainT

8,448 posts

Posted by RainT > 2019-05-10 10:47 | Report Abuse

will GKENT get a piece of cake of HSR ?

need wait and see, now apa pun tak ada

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2019-05-10 12:37 | Report Abuse

Aiyo...got LRT3 mah 50% then got 5.9b already divide by 5 years one year 1b...ERCL 44b 40% local interest only 17.6b and many contractor rebut for a piece a cake...how much can divide?hehe

Posted by Ariston Ling > 2019-05-10 23:22 | Report Abuse

since so difficult to allocate small slice of cake, why not Gkent be more lenient to let go such a small peice of cake, since this company currently has alot of ongoing and unbilled projects...

SHQuah

5,363 posts

Posted by SHQuah > 2019-05-11 08:59 | Report Abuse

So many open tender HSR ,ECRL & MRT. I am sure Gkent & MRCB will participate and hopefully they can get at least 1.

signalmw

3,314 posts

Posted by signalmw > 2019-05-11 11:17 | Report Abuse

(华盛顿11日综合电)美国贸易代表莱特希泽周五晚间发表声明,美国政府将于周一公布对额外3000亿美元(约1.25兆令吉)中国商品加征关税的详情。这是美国公布对2000亿美元(8318亿令吉)中国商品增加关税不到24小时内,美国再次表示要加码。

RainT

8,448 posts

Posted by RainT > 2019-05-11 14:48 | Report Abuse

if really can get then good lo

but now also is just HOPE, nothing real yet

kai1

88 posts

Posted by kai1 > 2019-05-12 21:10 | Report Abuse

what is Financial assets at FVTOCI, can anyone explain to me? thanks

劉尹光

490 posts

Posted by 劉尹光 > 2019-05-13 10:42 | Report Abuse

why gkent drop alot

RainT

8,448 posts

Posted by RainT > 2019-05-13 12:43 | Report Abuse

FVTOCI = fair value through other comprehensive income

RainT

8,448 posts

Posted by RainT > 2019-05-13 12:46 | Report Abuse

this is something like investment the company make
maybe buy hedging instrument (hedge currency, commodity) ,currency hedging , fund and other

in AIRASIA , IHH big listed finance report have lots of this item
all this is non operating item
just accounting standard requirement

Posted by xiang13001 > 2019-05-13 17:41 | Report Abuse

will profit of gkent will increase next quater? this stock YoY drop significantly

SHQuah

5,363 posts

Posted by SHQuah > 2019-05-13 18:50 | Report Abuse

Investors loss confidence with Malaysia PH government. LGE should step down make way for Tun Daim.

m_aloha

607 posts

Posted by m_aloha > 2019-05-13 20:16 | Report Abuse

What do u expect from someone bought a property at much below market price & claimed it was a fair deal.

SHQuah

5,363 posts

Posted by SHQuah > 2019-05-13 20:28 | Report Abuse

All the same. Sama Sama. Cannot be trusted.

Posted by T800Terminator > 2019-05-13 20:30 | Report Abuse

Yeah.... and sell most of the land as income generated

m_aloha

607 posts

Posted by m_aloha > 2019-05-13 21:40 | Report Abuse

Ph pls act before too late before useless bn gaining the support.

oasischeah

1,461 posts

Posted by oasischeah > 2019-05-13 22:01 | Report Abuse

Dow dropped 500+ in opening. Hope it closed much better or tomorrow will be another wave of "Red Sea" in KLSE.

amzarb44

528 posts

Posted by amzarb44 > 2019-05-13 22:18 | Report Abuse

USELESS PH

Posted by SahamMonk69 > 2019-05-14 00:45 | Report Abuse

Red sea coming. Its gonna be like back in december

YAPSS

216 posts

Posted by YAPSS > 2019-05-14 01:00 | Report Abuse

Day 71 of Fundamental Daily, YAPSS will be covering George Kent (Malaysia) Berhad's fundamental via a short animated video. I hope it helps and please enjoy the video, see ya! #YAPSS #FundamentalDaily #GeorgeKentMalaysiaBerhad

Click the on the link to find out more: https://youtu.be/Rg7EBuczeEI

ming

2,084 posts

Posted by ming > 2019-05-14 01:32 | Report Abuse

After this round sell off, guess government gonna pump more construction project.. they have no much bullet left

SHQuah

5,363 posts

Posted by SHQuah > 2019-05-14 08:55 | Report Abuse

When share price go down, Dividend % go up. PE ratio go down.

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2019-05-14 08:58 | Report Abuse

today might hit my target 1.03...hehe

RainT

8,448 posts

Posted by RainT > 2019-05-14 09:34 | Report Abuse

Msia share market crash

thanks to Trump and PH gomen (Lim Guan Eng talk with no brain and Mahathir)

SHQuah

5,363 posts

Posted by SHQuah > 2019-05-14 10:04 | Report Abuse

YAPSS.......thanks for sharing

https://youtu.be/Rg7EBuczeEI

RainT

8,448 posts

Posted by RainT > 2019-05-14 10:07 | Report Abuse

@SHQUAH

your beloved GKENT continue drop and drop everyday

how ar???

Posted by Jason Gilbert Ho > 2019-05-14 10:17 | Report Abuse

This is a wonderful opportunity to buy more GKENT shares at low prices. how does trump affect gkent? was there any profit or earnings losses due to China/US trade war? will LRT3 progress claim not be billed next quarter? Will the contract be canceled?

If the answer is no, then the only explanation is: Market sentiment.

If market sentiment is across the board, then the effect will be temporary.

Aka: Flash sales, allowing us to buy more shares of GKENT at depressed prices.

Will GKENT do well in the next few years? Is there any outstanding debt or bombs in the business? Are they losing money? Will things not get done?

If the answer is no, then the only explanation is: Buy more.

Posted by (US/CHN trade war doesn't matter) Philip > 2019-05-14 10:26 | Report Abuse

Fully agreed, Jason.

Posted by Jason Gilbert Ho > 2019-05-14 10:52 | Report Abuse

I have picked up some at 1.08, with no changes in company fundamentals, I think it will be a good investment.

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2019-05-14 10:56 | Report Abuse

price change only...fundamental no change...i wont average if not reach rm1.03...QR due in june...hehe

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