Posted by RainT > 2020-01-08 14:42 | Report Abuse

after trade war phase 1 deal

now come out this war pulak


tak habis habis

Posted by laosai > 2020-01-08 14:43 | Report Abuse

<90 is cut loss or you lose more.

Posted by RainT > 2020-01-08 14:43 | Report Abuse

take note contract RM16 billion is not all for GKENT

only some portion only ........

Posted by RainT > 2020-01-08 14:44 | Report Abuse

dont be mislead and over confident with RM16 billion

thinking all also GKENT revenue

Posted by RainT > 2020-01-08 14:46 | Report Abuse

if HSR start run also

there are much more other bigger than GKENT railway contruction company such as GAMUDA

GAMUDA main biz is construction but GKENT coming future biz will be water meter

if award HSR, will award to who? of course not to GKENT la

Posted by Philip Greta > 2020-01-08 15:08 | Report Abuse

Hi raint, it is obvious that the entire 16.39 billion is a 50/50 split between mrcb/gkent joint venture. At this price, even if you add 6 billion in ordering revenue for gkent, a 5% earnings increase would be 300 million or 75 million split within the 4 years. Or back to the earnings of 2017/2018 without the water meter business.

Is paying 89.5 cents for that kind of visibility guaranteed payment not good enough for you? When investing in other more gruesome companies with no guaranteed order book, huge debt and poor management return on equity seems more acceptable.

You are paying a much much lower price to get the returns that many paid rm4 to get back in the day for less visible earnings.

For HSR, I would be the first one to say hope gkent does not get it as they will bite off more than they can chew. But how are are you gamuda will get the job and not GKENT?

I am very very sure GKENT has received the lrt3 job letter of award.

But everyone treats gkent as if it has lost the job instead of winning it.

But in any event,

Dear raint

How much do you think gkent will earn from lrt3 job? 50 million, 60 million, 70 million?
If at 89.5 cents you can get 6 cents of dividends, what will you pay for gkent if you can get 10 cents earnings for the next 4-5 years? And when gkent water meters increase from 24 million to 48 million a year in earnings? When v110 meters are some in 26 regions under gkent brand and local production center in Asian countries to compete with US Honeywell brand competitors?

How much will you pay for GKENT when it is earning 100 million a year or 25 million a quarter?

What will gkent be worth to you then?

Still nothing? Well I have made my choice and have decided to double my exposure.

Posted by Philip Greta > 2020-01-08 15:29 | Report Abuse

Greed is the greatest enemy of the intelligent investor. That and the inability to calculate risk. How risky is buying and punting on insas warrants?

Very risky.

What is risk?

Capital loss.

For those who buy and hold? We look to the business itself to generate our returns, instead of the stock ticker price. If you ask yourself how George Kent business will fare 4 years from now? I can give a few clear answers:

1. They will still be net cash with positive hundreds of millions.
2. Their water meter business will be double in 4 years.
3. Dividend yield will grow.
4. Earnings and revenues will definitely be more than 400 million revenue/60 million earnings.


>>>>>>>>

Posted by stockraider > Jan 8, 2020 9:09 AM | Report Abuse

NO LAH I WAS GREEDY & NOW IT IS A BIG POSSIBILITY OF TOTAL LOSS ON WB WITH ONLY 10% OF HOPE NOW...!!

HOPEFULLY INSAS MOTHER PERFORMANCE CAN COVER MY LOST...!!


Posted by Sslee > Jan 8, 2020 8:59 AM | Report Abuse

Hahahaha Stockraider,
Managed to sell your INSAS-WB at 1 cent?
08/01/2020 3:23 PM

Posted by Philip Greta > 2020-01-08 15:52 | Report Abuse

The question to ask if they will win another lrt3 project is inconsequential. No one knows. Anyone who tells you otherwise is a liar. What I can tell you about gkent is their specialties and capabilities. Very few remember that gkent is a specialty m&e contractor that has high skill level in treatment plants, meter production, and started their rail business as a system works integrator. That in itself whole not guaranteeing projects does guarantee a high potential.

Do note that mrt2 will handover in 2022, and gamuda as the turnkey contractor and gkent as the rail system works contractor.

That is another 1 billion tender won that everyone seems to forget about.

Posted by Baby Shark > 2020-01-08 16:54 | Report Abuse

Hello .. very cheap d
If 0.80 standby buy..

Posted by BFun > 2020-01-08 20:36 | Report Abuse

Oops, my avg price at 1.07 ==''

Posted by Cockroach Paul Lee > 2020-01-08 21:33 | Report Abuse

It’s scuba diving time ... enjoy the deep blue sea....lol

Posted by BFun > 2020-01-08 21:43 | Report Abuse

Hahaha... Too deep....

Posted by Baby Shark > 2020-01-09 13:05 | Report Abuse

.. and 0.70 must buy more

Posted by Baby Shark > 2020-01-09 13:10 | Report Abuse

Dis company reputation very good.. the boss rich

Posted by pierre69 > 2020-01-10 10:17 | Report Abuse

just bought 10,000 at RM0.89 per share

Posted by TillyLovers > 2020-01-10 10:26 | Report Abuse

I am selling at RM0. 895, will buy back at RM. 89 later

Posted by sell > 2020-01-10 11:02 | Report Abuse

Lousy management better sell. Why lower price SBB qty reduce?

Posted by sell > 2020-01-10 11:03 | Report Abuse

No wonder Tan Kay Hock try to sue the Edge. He know will drop <90 sen after Edge article?

Posted by oasischeah > 2020-01-10 14:53 | Report Abuse

Hope to get more at cheaper prices nearing the CNY date. Buyers are rare now and market is quiet year of the mouse.

Posted by RainT > 2020-01-13 09:48 | Report Abuse

now support at 0.88 sen

lucky number this

Posted by Baby Shark > 2020-01-13 10:24 | Report Abuse

Wah,,everyday cheap price

Posted by SHQuah > 2020-01-13 11:07 | Report Abuse

NTA (Net Tangible Assets) = 91.78 cents
Current price 88 cents.

Undervalue stock. Oversold.

Posted by calvintaneng > 2020-01-13 11:29 |

Post removed.Why?

Posted by RainT > 2020-01-13 11:53 | Report Abuse

@CALVINTENG

can u go away ?

dont come here polute GKENT forum board with all your rubbish & nosense

Posted by jjohnchew > 2020-01-13 11:53 |

Post removed.Why?

Posted by RainT > 2020-01-13 11:53 | Report Abuse

buy more at 0.88 sen

Posted by wantousek > 2020-01-13 11:55 | Report Abuse

gkent has no future with no najib

Posted by Baby Shark > 2020-01-13 12:34 | Report Abuse

Don't gado la..

Posted by SHQuah > 2020-01-13 12:40 | Report Abuse

What I know is Gkent can't go bankrupt. Even with water meter alone still can survive.

Posted by SHQuah > 2020-01-13 12:43 | Report Abuse

Oversold.

Posted by oasischeah > 2020-01-13 13:59 | Report Abuse

85 sen should come before CNY. Poor buying support even with company share buy back.

Posted by Baby Shark > 2020-01-13 14:14 | Report Abuse

Can meh ??

Posted by RainT > 2020-01-13 14:15 | Report Abuse

water meter biz only, share price to drop more

Posted by RainT > 2020-01-13 14:16 | Report Abuse

i am waiting to buy more if drop

as now share price below NTA

even NTA is not a good indication to buy GKENT,
but it serve as small margin of safety

Posted by RainT > 2020-01-13 14:45 | Report Abuse

0.87 pecah

Posted by Baby Shark > 2020-01-13 15:05 | Report Abuse

Wah very cheap lo..

Posted by Baby Shark > 2020-01-13 15:41 | Report Abuse

Time to go in ??

Posted by SHQuah > 2020-01-13 18:31 | Report Abuse

SBB also cannot support ? Why so many sellers selling below NTA and actual worth ?

Posted by calvintaneng > 2020-01-13 18:34 | Report Abuse

Posted by Baby Shark > Jan 13, 2020 3:41 PM | Report Abuse

Time to go in ??

AIYOO

JADEN

WHY ARE YOU HERE?

GK BOSS WAS NAJIB GOLF KAKI

NOW GETTING FRESH JOB FROM PH GOVT WILL BE SLIM CHANCE

BETTER KEEP TO THE SAFETY OF OPCOM OK

SEE YOU IN GUNONG TAHAN AT RM1.30

LATER MT EVEREST AT RM5.00 FOR OPCOM OK?

SEE YOU THEN & BE A GOOD BABY

Posted by Baby Shark > 2020-01-14 12:18 | Report Abuse

Opcom I pockets got how many ringgit I add.. but dis sooooooo cheap, I standby masa hadapan.. hehe

Posted by Baby Shark > 2020-01-14 12:19 | Report Abuse

0.80 boleh consider.. Boss Calvin

Posted by Baby Shark > 2020-01-14 12:32 | Report Abuse

Biggest problem I takut turun sampai 15 cents onli..

Posted by SHQuah > 2020-01-14 12:51 | Report Abuse

Cash in hand and assets is already more than current price. How could the price drop to 15 cents ? Now already Chinese new year offer price.

Posted by Kunkun > 2020-01-14 12:54 | Report Abuse

Good offer price I bought some d. ^^

Posted by papparich > 2020-01-14 14:43 | Report Abuse

Warren Buffett Quote: "If the company does well, the stocks follow". If you want to talk NTA, just look at MYEG's NTA Price vs. Market Price. What does that tell you?

Posted by papparich > 2020-01-14 15:05 | Report Abuse

When looking at Gkent is all about old government vs. new. The old government, revenue is pretty good. Then the new government steps in and suddenly revenue decline. Well...don't look at lil old me, I don't play golf so I know very little. I just read the financial chart.

Posted by oasischeah > 2020-01-14 15:59 | Report Abuse

Next week will be much cheaper as CNY most investors will also be gone on holidays.

Posted by amzarb44 > 2020-01-14 17:29 | Report Abuse

Papaeich, only times will tell us

Posted by malpac63 > 2020-01-14 18:14 | Report Abuse

NEW future earnings pushes up share prices. When one has nothing to announce for almost 2 years, this is what happens. Even a small new water meter contract will push gk up from its oversold position.

Posted by malpac63 > 2020-01-14 18:17 | Report Abuse

We'll see a rebound soon but its unlikely to be sustainable. Everytime we sell into a rally, we are ALWAYS able to buy it back at a lower price.