Posted by SHQuah > 2020-10-08 10:05 | Report Abuse

Maxxtiew... don't worry. Just buy and keep for long term.

Posted by Sslee > 2020-10-08 10:08 | Report Abuse

Philip cost is 0.688. Anything below this cost is safe.

Posted by Devilsadvocatee > 2020-10-08 13:53 | Report Abuse

How is CMCO affecting lrt 3 sites? Can work?

Posted by SHQuah > 2020-10-08 17:31 | Report Abuse

Share buy back again. Meaning company cash rich and expect coming Quarterly results quite good.

Posted by neohts > 2020-10-09 16:34 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/10/09/six-mega-projects-may-be-rolled-over-into-budget-2021

Six mega projects may be rolled over into Budget 2021

Posted by AnaiAnai > 2020-10-11 10:46 | Report Abuse

last time I came here on 31aug price was 77sen. now only 67sen. Company buy back 20k or 30k per day. why the company cannot one shot buy 100k 200k to show the company is undervalue kah.

Posted by AnaiAnai > 2020-10-11 10:48 | Report Abuse

agree with your comment. Buy lower better safety margin than philip. and can sell before philip sell. 100% safest bet.


Posted by Sslee > Oct 8, 2020 10:08 AM | Report Abuse

Philip cost is 0.688. Anything below this cost is safe.

Posted by neohts > 2020-10-12 15:18 | Report Abuse

Interim Single-tier dividend....Will use the dividend money to accumulate more.
Date Payable : 22 Oct 2020

Posted by mf > 2020-10-12 15:19 | Report Abuse

anwar go to istana tomorrow

Posted by jojo85 > 2020-10-15 20:15 | Report Abuse

Tomolo fly hopefully..

Posted by Begineer > 2020-10-15 20:30 | Report Abuse

why fly tomorrow?

Posted by Devilsadvocatee > 2020-10-16 10:13 | Report Abuse

"On the tendering front, GKent recently submitted a tender for the Layang 2 raw water transfer project (c.RM120m). Additionally, we understand GKent has submitted pre-qualification tenders for multiple hospital projects (design and build basis) whereby some have been retendered from last year. Besides these, GKent is setting its sights on the KVDT2 (Dhaya Maju LTAT terminated as turnkey) once tenders are called. In our view, tender outcome for these projects could be further delayed due to Covid-19 resurgence."

This kinda assuage the common doubt that Gkent is a pure political company to have bagged those construction project, esp the mega ones. It might have at one point but now it has experience and track record to back it up. Esp on LRT 3 as a turnkey contractor. Once lrt 3 is done and dusted, it will be unquestionable regarding their capability.

Posted by neohts > 2020-10-16 13:53 | Report Abuse

Devilsadvocatee.......where do you get the information.
Philip......do you have any knowledge ?

Posted by Devilsadvocatee > 2020-10-16 14:18 | Report Abuse

@neohts https://klse.i3investor.com/servlets/ptres/57196.jsp

Posted by SHQuah > 2020-10-16 17:41 | Report Abuse

Even with just water meter, Gkent can still make profit. Gkent can never turn red. Just more or less profit.

Posted by ming > 2020-10-19 00:36 | Report Abuse

Slowly collect till budget announce

Posted by winner168 > 2020-10-21 14:05 | Report Abuse

Something is fishy, with few analysts giving a Sell rating with TP @ 0.55, Insiders are buying back the shares...

Posted by pushparaj > 2020-10-21 18:36 | Report Abuse

winner168, I do feel the same. The IB's are advising to sell.But company buy back at a higher price

Posted by RainT > 2020-10-28 17:28 | Report Abuse

GKENT has been share buy back since BN lose in election until today

and yet the share price still not yet finish drop

failed share buy back scheme

Posted by SHQuah > 2020-10-28 19:06 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3100297

Posted by SHQuah > 2020-10-28 19:09 | Report Abuse

A total of 6.46% of shares bought back by company. I hope could reach until 10% so less people holding. Remaining mostly strong share holders.

Posted by neohts > 2020-10-30 16:33 | Report Abuse

I hope company could to increase Share buy back %.
More share buy back meaning reduce the number of shareholders.
We don't need so many shareholders. We only want good shareholders.

Posted by neohts > 2020-10-30 16:43 | Report Abuse

NTA (Net tangible Assets) = 95.46 cents
Why selling at below NTA amount ?

Posted by SHQuah > 2020-10-30 17:35 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3101039

Another big share buy back. Thanks you Gkent management. For those who have just sold today please don't come back, we don't need a stupid investors like you.

Posted by RainT > 2020-11-02 12:49 | Report Abuse

now so many companies share prices is below NTA

Posted by Philip ( buy what you understand) > 2020-11-02 12:51 | Report Abuse

How many of those companies have never lost money even in recent years downturn, pays a good dividends and has a 11 billion project?

>>>>>>>

Posted by RainT > Nov 2, 2020 12:49 PM | Report Abuse

now so many companies share prices is below NTA

Posted by ming > 2020-11-05 23:42 | Report Abuse

Railway + water treatment plant

Posted by SHQuah > 2020-11-07 10:28 | Report Abuse

Hoping for consistently good dividend next year onwards.

Posted by SHQuah > 2020-11-07 10:32 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/11/07/mrt-3-and-hsr-making-a-comeback

Posted by tkl88 > 2020-11-07 11:48 | Report Abuse

Superb good news from budget 2021 for the construction sector !

MRT 3 and HSR making a comeback
CONSTRUCTION
Saturday, 07 Nov 2020 By INTAN FARHANA ZAINUL
https://www.thestar.com.my/business/business-news/2020/11/07/mrt-3-and-hsr-making-a-comeback
The government is reviving the multi-billion ringgit Mass Rapid Transit Line 3 (MRT 3) under the Budget 2021 that
will be a boom for construction companies.......


2021 Budget: Government to proceed with HSR project
By New Straits Times - November 6, 2020 @ 8:20pm
https://www.nst.com.my/news/nation/2020/11/638836/2021-budget-government-proceed-hsr-project
KUALA LUMPUR: The government will proceed with the Kuala Lumpur-Singapore High-Speed Rail (HSR) infrastructure project.
Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz, in tabling the 2021 Budget in the Dewan Rakyat today, however said the implementation of the project was subject to discussions with Singapore.
"The government will continue the HSR project as this project is expected to generate a positive multiplier effect to the country's economy," he said.

Posted by Begineer > 2020-11-07 16:03 | Report Abuse

Does Gkent involve in MRT3 and HSR project?

Posted by Ahmadahmad88 > 2020-11-07 16:25 | Report Abuse

if jib become pm again.

Posted by JayC88 > 2020-11-07 22:53 | Report Abuse

lol going by neohts reasoning then should go buy Parkson.

Posted by SHQuah > 2020-11-08 10:58 | Report Abuse

I am don't know about Parkson results, NTA, cash in hand and bank borrowing ? But I know that Gkent is cash rich with very little bank borrowing. Gkent has been making profit every year and not a single losses since listing. Meaning the accumulated profit since day one until now is a lot.

Posted by cbkia4896 > 2020-11-08 23:19 | Report Abuse

people are focused on gamuda and ijm, lemme gobble up a chunk of gkent moro before limit up can?

Posted by Begineer > 2020-11-09 08:56 | Report Abuse

MRT3 and HSR still a long way to go. Too many uncertainties. If snap election and PH win the GE, it may delay again.

Posted by tkl88 > 2020-11-09 22:22 | Report Abuse

Wow, oil price spike up like mad !
As at 9.50pm,
Nymex at => $40.67 (+3.53) (+9.50 %)
Brent at => $42.77 (+3.32) (+8.42 %)

Huat ah ! Heng ah ! Ong ah !

Posted by tkl88 > 2020-11-09 23:51 | Report Abuse

Oil Jumps by Most Since June on Covid Vaccine Progress
Alex Longley and Matthew Martin
Mon, November 9, 2020, 9:54 PM GMT+8·2 min
https://finance.yahoo.com/news/oil-climbs-biden-win-spurring-105416567.html

(Bloomberg) -- Oil in London jumped by the most since June as Pfizer Inc. reported a potential Covid-19 vaccine breakthrough.

Crude futures spiked following news the vaccine, being developed by Pfizer and BioNTech SE, prevented more than 90% of infections in a study of tens of thousands of volunteers.

Markets globally surged. WTI climbed more than 10% in New York, while global equities soared. It led to broader strength in the oil futures curve, with timespreads also moving sharply higher.

A vaccine “would be the most meaningful type of mitigator to the situation,” Saudi Energy Minister Prince Abdulaziz Bin Salman said prior to the Pfizer announcement at a conference on Monday. “We’re still hopeful that vaccine is found and that vaccine or vaccines spread and hopefully mobility would be regained.”

Since Covid first emerged, oil markets have been steadily recovering from the biggest crash in consumption in a generation. Transport use in Asia has rebounded strongly, but the renewed resurgence of the virus in Europe has continued to weigh on demand in the region. The emergence of a vaccine would not only help regions suffering form renewed lockdowns, but could also help spur the return of aviation demand -- the hardest hit corner of the market.

The relief in the market was seen in the profits from turning crude into transport fuels. Gasoline cracks in the U.S. reached their highest since mid-October, while those in Europe also gained. Jet fuel was also gaining relative to the value of other transport fuels in Europe, Bloomberg fair value data show.

Prices had earlier rallied as Joe Biden declared victory in the U.S. presidential election and began preparations to navigate America’s pandemic-hit economy out of crisis, with potential shifts coming on a range of policies from fiscal stimulus to Iranian sanctions. At the same time, Saudi Arabia said that OPEC+ could extend oil cuts through 2022 as the group seeks to re-balance the glutted market.

Posted by tkl88 > 2020-11-10 00:33 | Report Abuse

Walaoeh, Dow Jones spike up to sky high !
As at 12.05am,
Dow Jones at=> 29,425.57 (+1,102.17) (+3.89 %) !

Huat ah ! Heng ah ! Ong ah !

Posted by tkl88 > 2020-11-11 08:09 | Report Abuse

Walaoeh, Dow Jones continue it’s bull run !
Dow Jones closed at=> 29,420.92 (+262.95) (+0.90 %) !

Huat ah ! Heng ah ! Ong ah !

Posted by SHQuah > 2020-11-14 08:58 | Report Abuse

Weekly share buy back has reduced number of shares holders significantly. Good job.

Posted by Begineer > 2020-11-15 09:42 | Report Abuse

Saw news TNB continue with smart meter installation during CMCO. Is the smart meter supplies by Gkent ?

Posted by BATFLY > 2020-11-15 10:44 | Report Abuse

TNB, supply honeywell water meter. Don't think is TNB meter..

Posted by SHQuah > 2020-11-15 12:59 | Report Abuse

Gkent is the only company in Malaysia doing water meter and smart meter. Monopolize business. Supplies to most of the the country in Asia and Europe.

Posted by SHQuah > 2020-11-15 14:09 | Report Abuse

TNB is providing electricity smart meter. Gkent is providing Water smart meter. Totally different.

Posted by DreamCruiser > 2020-11-15 14:10 | Report Abuse

Up 2.5 sen

Posted by DreamCruiser > 2020-11-15 14:10 | Report Abuse

Up 3.25%

Posted by DreamCruiser > 2020-11-15 14:10 | Report Abuse

Okay also la

Posted by DreamCruiser > 2020-11-15 14:10 | Report Abuse

Boleh juga la

Posted by DreamCruiser > 2020-11-15 14:10 | Report Abuse

Very good