Posted by SHQuah > Mar 27, 2020 7:27 AM | Report Abuse

Sslee ....if you want to earn fast money, go for counter with big volume and below 20 cents. Gkent are for long term investors and not suitable for contra player.

Posted by Sslee > Mar 27, 2020 8:40 AM | Report Abuse

haha,
Just teasing Philip since he say Gkent still got so much cash to do buyback.

Posted by hng33 > Mar 27, 2020 10:54 AM | Report Abuse

bought Gkent at 55.5sen

Posted by hng33 > Mar 27, 2020 11:28 AM | Report Abuse

add more at 56sen

Posted by moneytrail > Mar 27, 2020 11:50 AM | Report Abuse

Slow to recover

Posted by Victory99 > Mar 27, 2020 2:13 PM | Report Abuse

Once come.. It is difficult to get at current price. This stock can be up very fierce and super fast.. Good stock to buy for investment...

Posted by Philip ( yinson 700 buses in trouble) > Mar 27, 2020 2:20 PM | Report Abuse

I have increased my maximum margin at these prices as I believe the stimulus package of 3T from fed reserve and 40 billion from malaysia reserve will be enough to stabilize the economy, and the virus will be combated soon. With the reality that this is not a world killing virus, and that the short isolation will be good for the human race in the long run, confidence will be back with a vengeance and the discount prices will be gone soon enough.

>>>>>>>>

https://klse.i3investor.com/servlets/pfs/120720.jsp

Posted by super_newbie > Mar 27, 2020 2:42 PM | Report Abuse

qr mana?

Posted by calvintaneng > Mar 27, 2020 4:46 PM | Report Abuse

SELL GKENT ON REBOUND

GOVT RM250 BILLIONS STIMULUS DOES NOT BENEFIT GKENT

Posted by SHQuah > Mar 27, 2020 6:49 PM | Report Abuse

There are a few people in i3investors really make people hate them. Keep on Writing nonsense.

Posted by Sslee > Mar 27, 2020 9:19 PM | Report Abuse

Haha
Q4 result not yet out, RHB-OSK already give a sell call with TP of 43 cents.

Posted by pang72 > Mar 27, 2020 9:21 PM | Report Abuse

Wah.....
My Facebook live Sifu 's stock leh..

Kena condemn!!!

Posted by super_newbie > Mar 27, 2020 9:22 PM | Report Abuse

shut up la calvin

Posted by Philip ( yinson 700 buses in trouble) > Mar 28, 2020 5:20 AM | Report Abuse

Trust in RHB, one of the worse run bank in Malaysia, the ones who said QL was over valued and gave a TP of 5.85. on the other hand I also remember sslee and Calvin was the one who loudly keep saying QL was overvalued at pe50 and will soon suffer a crash in stock price. Meanwhile during this crisis QL is still above January 2019(6.90) price, or did you forget? While INSAS drop price to 40 cents and Calvin entire portfolio is red ( netx drop 50%).

The difference? Unlike those companies Calvin and sslee hold, gkent has bought back millions and millions of shares back. I have already increased my shareholding value by 5% doing nothing. More dividends for me when LRT 3 earnings are reflected.

2 things Calvin and sslee forget:

27-Mar-2020 Insider GEORGE KENT MALAYSIA BHD buyback 190,000 shares from 0.540 to 0.585 on 27-Mar-2020.

(Did netx and INSAS do such a thing? Does Insas and netx have a 13 billion in orderbook by 2024? nO?) Calvin still thinks he can get NFCP contracts. Funny.

As for rhb-osk, they hedge their bets, read the last sentence:

Key upside risks include stability in macro economy, positive outcome for water reform – paving the way for higher sector development allocations, higher-than-expected earnings contribution from the LRT3 project and further wins in water-related infrastructure construction.

Sell call?
>>>>>>>


Sslee Haha
Q4 result not yet out, RHB-OSK already give a sell call with TP of 43 cents.
27/03/2020 9:19 PM

Posted by Sslee > Mar 28, 2020 8:30 AM | Report Abuse

Dear Philip,
Good morning, why so stressful and picks fight with IR analyst. If you are so sure of Gkent shouldn’t you be happy to collect more at cheaper price? This is what I am doing collecting INSAS at 35 cents and q buy at 33 cents until you came to INSAS forum and make unfound allegation of why no shares buyback, the bank deposit and account must be fake. This force me to take my stand, “ I stand to benefit more if I just keep my silent and let Philip spreading unfound or malicious lies disguise as his well concerned advice in INSAS forum to create fear so that some of you might just sell cheap for me to collect. But I refuse to be part of such unethical conducts” and went on to explain why no shares buy back and what I intend to write to CEO for his consideration before the next INSAS AGM

My advices to all, at current uncertainty time do not chase high with margin finance (until you have the chance to examine the next financial report). Just collect batch by batch at lower price. This is what I am doing and my next buying of Gkent is Q at 45 cents.

Thank you

Posted by Philip ( yinson 700 buses in trouble) > Mar 28, 2020 8:53 AM | Report Abuse

I don't find anything stressful, I am just pointing out a simple fact to protect investors from selling on fear. In any case "chase high" with margin finance is a silly term at this juncture when everything on the market is at 10 year lows.

If not now to buy with margin financing then when? If you do not buy when blood is on the streets then when?

Between the qr and upcoming qr there has been no news of cancellation and fundamental project problems. However: the price has dropped from 94 cents to 44.5 cents. Why? What does oil price war, covid-19, have anything to do with LRT3 resolution? N the government had already guaranteed that it will continue as part of stimulus package.

So it is up to you to decide: whether it is a discount day? Or a failing business selling at 40 cents per share net CASH.

Posted by Philip ( yinson 700 buses in trouble) > Mar 28, 2020 9:05 AM | Report Abuse

How is it unfounded? If they have so much money, why not buy back tons of insas shares from the market? Gkent is doing that exact same thing.

I believe at one point you also were defending xinquan tooth and nail versus all questioners as to how undervalued it is with its billion dollars in bank account but no signs of share buyback and dividends, but huge pp and warrant sales to get more cash instead.

There can be multiple opinions, but only one economic result in sight.

Perhaps sslee should also start a trackable portfolio so we can see if your opinions versus your market results have any relation? Better now than never.

>>>>>>>>


Sslee Dear Philip,
Good morning, why so stressful and picks fight with IR analyst. If you are so sure of Gkent shouldn’t you be happy to collect more at cheaper price? This is what I am doing collecting INSAS at 35 cents and q buy at 33 cents until you came to INSAS forum and make unfound allegation of why no shares buyback, the bank deposit and account must be fake.

Posted by Sslee > Mar 28, 2020 10:09 AM | Report Abuse

Haha Philip,
Don't just believe please do your homework and find me any of my comments defending Xingquan.

Thank you.

Posted by SHQuah > Mar 28, 2020 2:06 PM | Report Abuse

How many Philip do we have, it is the same Philip ?

Posted by Philip ( yinson 700 buses in trouble) > Mar 28, 2020 2:15 PM | Report Abuse

click on philip and open his portfolio. the real one should have a trackable proper portfolio of his buying and selling.

Posted by isupertrader > Mar 30, 2020 9:35 AM | Report Abuse

I don't detect any extremities on Gkent. NTA is abt 0.90 plus and already in margin of safety. TA wise, I believe the buy back has helped with the stability. If the price goes down further, you are basically buying in Gkent's cash pile.

Posted by K-Den > Mar 30, 2020 5:46 PM | Report Abuse

till today no QR release, scare or not?

Posted by Philip ( yinson 700 buses in trouble) > Mar 30, 2020 7:54 PM | Report Abuse

Do you even live in Malaysia? Or you think accountancy is a critical service? Or what part of MCO do you not understand? When the report comes out it comes out la.

Important thing is almost every day gkent is buying back shares and you have received a good dividend.

Prime minister already said LRT3 and MRT2 will not be cancelled.

So what you scared?


>>>>>>>>>>


K-Den till today no QR release, scare or not?
30/03/2020 5:46 PM

Posted by hng33 > Mar 31, 2020 10:22 AM | Report Abuse

sold back gkent at 55-55.5sen

Posted by K-Den > Mar 31, 2020 5:19 PM | Report Abuse

must be big shakeholder this Philip, talk so loud, hope u are right. Else I go holland together with this LC lang sound bad to me

Posted by enigmatic ¯\_(ツ)_/¯ > Mar 31, 2020 6:21 PM | Report Abuse

Means we'll only know GKENT's results on 30th April?!


https://www.bursamalaysia.com/about_bursa/media_centre/bursa-malaysia-announces-additional-relief-measures-to-alleviate-the-impact-of-covid-19-on-capital-market-players

Posted by enigmatic ¯\_(ツ)_/¯ > Mar 31, 2020 6:22 PM | Report Abuse

Means we'll only know GKENT's results on 30th April?


https://www.bursamalaysia.com/about_bursa/media_centre/bursa-malaysia-announces-additional-relief-measures-to-alleviate-the-impact-of-covid-19-on-capital-market-players

Posted by SHQuah > Apr 1, 2020 9:52 PM | Report Abuse

Dividend % based on today price is 12.28%. One of the highest dividend % in KLSE. Better than putting money in FD & EPF

Posted by Rwkl > Apr 1, 2020 10:36 PM | Report Abuse

That is a unreasonable assumption given the current situation. I expect and fully support a cut to preserve cash

Posted by Victory99 > Apr 2, 2020 10:38 PM | Report Abuse

Goodvalue stock to invest...no worry at all if you buy and dumb dumb hold for two years. Double or triple gain is for sure.....