The above Company's securities will be traded and quoted "Ex - Dividend” as from: 09 Oct 2019 Interim Single-tier dividend of 1.5 sen per ordinary share
Construction start showing signals. Do take note this Friday Budget 2020 might have high impact on construction next major movement. IF too look for early collection, can collect 1.04-1.02, cutloss below 0.990. Awaiting breakout 1.06 to see further upward movement towards 1.10-1.12.
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With the impending announcement of water tariff hike, we expect govt to announce a slew of water pipe replacement (estimated of RM13bn) contracts as well as upgrades and expansion of water treatment plants (RM64bn) involving total capex of RM77bn over the next 30 yrs. First liner of beneficiaries are O&M players followed by pipemakers
Entered at 1.03, waiting for good news from budget today =) Expansionary policy, support by mega projects, like infrastructure and property developments.
I think the PH gomen will not so stupid in this Budget 2020, their 2nd budget after come to rule
PH should have known the importance of do mega projects to improve the economy and more less tax and more biz friendly is good for Msia economy
if in Budget 2020 that going to be annouce today support more for B40 and less or totally NIL good news for mega projects & less tax , i feel really hopeless for msia economy already
this Budget 2020 is PH second chance, they should have learn the lesson from previous budget and improve more
Hopefully Gkent can get budget 2020 hospital upgrade projects . No need mega projects la, normal projects will do. LRT3 / MRT / upgrading dam / upgrading hospitals/ increase water meter business... Very busy for Gkent until 2022 already Buy n hold. Believe it.
公司资产负债表是健康的,由于2019年重新谈判,LRT3没有任何贡献,因此公司因为空转运营成本而遭受小额损失。此外,LRT2刚刚结束,这就是公司收入和利润减少的原因。公司未来正在寻求增加水表部门的销售额,并逐步增加以覆盖公司70%的利润。由于供应商提供的组件无法满足我们的需求,我们在过去2至3年内一直面临生产问题。有时为了赶上期限我们选择空运我们的组件而不是海运,这导致成本增加。 然而,与工程部门相比,水表部门将提供更大的利润,这就是为什么在签署协议和获得新技术的同时我们将生产能力从60%至70%提升到80%至90%。TAN SRI DATO’ Chairman还说了一句:“做生意如果不能做到第一名或第二名,宁可不做。我们现在这个行业无疑是排名第一的!”
The company's balance sheet is healthy. Due to renegotiations in 2019, LRT3 did not contribute anything, so the company suffered a small loss due to idle operating costs. In addition, LRT2 has just ended, which is why the company's revenue and profits have decreased. The company is looking to increase sales in the water meter sector in the future and gradually increase it to cover 70% of the company's profits. Since the components supplied by our suppliers are unable to meet our needs, we have been facing production problems for the past 2 to 3 years. Sometimes in order to catch up with the deadline we choose to air our components instead of shipping, which leads to increased costs. However, compared to the engineering sector, the water meter division will provide greater profits, which is why we have increased production capacity from 60% to 70% to 80% to 90% while signing agreements and acquiring new technologies. TAN SRI DATO’ Chairman also said: "If you can't do the first or second place in business, you would rather not do it. We are definitely ranked first in this industry!"
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....
Vincent Soh
711 posts
Posted by Vincent Soh > 2019-10-03 20:13 | Report Abuse
lower low, this round really have to hold 1 year, good, forced to hold for dividend