The Group’s 50%-owned LRT 3 project joint venture company MRCB George Kent Sdn Bhd contributed profit after tax of RM1.6 million to the Group compared to RM1.2 million in the corresponding period in 2019 due to the lower income recognition from the LRT 3 project, following the re-modelling of the project from a PDP to a fixed price turnkey project
Guys, don't think so much on all these "rumors" or "news". In August, Gkent has shot up to Rm1.00 without any material reasons it seems. Don't use ur energy trying to understand something too difficult.
Unless you have insider info, buying a stock just because some random guy on the internet tells you so is quite possibly the worst intellectual decision. It's okay to buy gkent provided you have other reasons. That's all I am saying.
@hello_cannot Gkent has the highest weightage in my portfolio. I have owned it since July 2019. My average price of this stock is comfortably lower than current price.
okay lah, as long as there is earning...Better than lost.for those have stronger holding power, let wait for news, if already sell, let it be, personally not recommend come back after news out....but your choice, stock market very dynamic, no one know what is happening...
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....
DreamMaster
1,157 posts
Posted by DreamMaster > 2020-11-22 13:19 | Report Abuse
Brilliant