Posted by Philip ( buy what you understand) > Mar 5, 2020 4:50 PM | Report Abuse

12 billion in revenue, how much earnings do you need to sustain dividend?

Let's do estimate.
50% to mrcb total revenue left 6 billion.
Divided by the next 4 years, 1.5 billion in revenue per year.
6% earnings conservative is 90 million earnings a year without calculative water meter and hospital and wtp.

From 90 million, 50% payout is 45 million.

With heavy share buy back and falling outstanding shares to 538 million shares.

To maintain dividend Yield they just need to pay 38 million in dividends.

Easy.

But will the share price still be at 84 cents?

Posted by RainT > Mar 6, 2020 3:36 PM | Report Abuse

Philip very optimistic on GKENT

Posted by prince4 > Mar 6, 2020 3:38 PM | Report Abuse

Covid-19 and politician unstable make economy slown down fundamental company metamorphism ,expect local and foreign funds money would not flow in big cap and mid cap stock because everybody scare buy high losses money . In this few month expect Funds manager money would flow out in bigcap and midcap stocks and will short selling midcap stocks for make money so now no prospects cannot buy and hold .
market stock RM5.00 drop to RM 2.00 ,followed RM2.00 drop RM1.00,followed RM1.00 drop to 50 cent,followed 50 cent drop to 20cent ,followed 20 cent drop to 10cent ,followed 10cent drop to bottom.
This is a opportunity markets money no longer will flows in cheaper stocks sharks will goreng lows price stock at bottom..

Posted by TSFH > Mar 6, 2020 7:32 PM | Report Abuse

walawei 81c, add some again today.

Posted by Philip ( buy what you understand) > Mar 8, 2020 9:10 AM | Report Abuse

For me I look at the business first and the share price second. Every criticism now is on the share price, not the business. So far I have not heard a single bad news on their construction and management from federal government, subcon or prasarana.

I'll change my mind when that happens

>>>>>>>>>

RainT Philip very optimistic on GKENT
06/03/2020 3:36 PM

Posted by freddiehero > Mar 8, 2020 9:54 AM | Report Abuse

if goverment no easy money from oil, u think construction can easy get profit ka?

Posted by Veronteo > Mar 8, 2020 10:04 AM | Report Abuse

Gkent boss got play golf with muhiddin ?

Posted by SHQuah > Mar 8, 2020 10:07 AM | Report Abuse

Results should be out the month end with dividend.

Posted by SHQuah > Mar 8, 2020 10:08 AM | Report Abuse

As share price going down, PE ration also going down. Dividend % going higher.

Posted by Trade111 > Mar 8, 2020 3:36 PM | Report Abuse

KUALA LUMPUR: The contract price for a part of the remodelled Light Rail Transit Line 3 (LRT3) has been revised to RM536.8mil versus its earlier price tag of RM760.55mil, TRC SYNERGY BHD said.

Posted by Trade111 > Mar 8, 2020 3:37 PM | Report Abuse

MGK will deal with a lower project cost

Posted by calvintaneng > Mar 9, 2020 8:50 AM | Report Abuse

After dead cat bounce GK will Go Kaput below 80 sen!!!

Posted by RainT > Mar 9, 2020 12:34 PM | Report Abuse

last few days up is just 1 day show

now drop until mother also cannot recognise

Posted by Philip ( buy what you understand) > Mar 9, 2020 12:37 PM | Report Abuse

Yes, old news. And GKENT as the new maincon will enjoy the difference.

>>>>>>
Trade111 MGK will deal with a lower project cost
08/03/2020 3:37 PM

Posted by Philip ( buy what you understand) > Mar 9, 2020 12:38 PM | Report Abuse

Malaysia government is not 100% from oil like Brunei.
Malaysia pay huge income tax, got manufacturing of semiconductors, got tourism.

And contract already sign. So what are you talking about?


>>>>>>>


freddiehero if goverment no easy money from oil, u think construction can easy get profit ka?
08/03/2020 9:54 AM

Posted by ks55_ > Mar 9, 2020 12:39 PM | Report Abuse

Very chun prediction.

calvintaneng After dead cat bounce GK will Go Kaput below 80 sen!!!
09/03/2020 8:50 AM

Posted by ks55_ > Mar 9, 2020 12:40 PM | Report Abuse

Najib and Muhyiddin is enemy haha.

Veronteo Gkent boss got play golf with muhiddin ?
08/03/2020 10:04 AM

Posted by qqq33333333 > Mar 9, 2020 12:41 PM | Report Abuse

philips...........nothing changed...........except stock market.............



well...traders say stock market is the real money........

Posted by ks55_ > Mar 9, 2020 12:43 PM | Report Abuse

<0.7 after Mar QR? 0.5 is safer why pay so high?

Posted by popo92 > Mar 9, 2020 1:35 PM | Report Abuse

the only cost is time now..

Posted by Begineer > Mar 9, 2020 5:54 PM | Report Abuse

Hold if you believe in this company. Sell if not.

Posted by oasischeah > Mar 10, 2020 11:09 AM | Report Abuse

Wait for it below 70 sens.

Posted by Johnson Wong > Mar 10, 2020 3:33 PM | Report Abuse

HSR revived soon, limit up

Posted by RainT > Mar 10, 2020 3:59 PM | Report Abuse

got annoucement about HSR?

Posted by SHQuah > Mar 10, 2020 8:43 PM | Report Abuse

More and more share buy back volume. Less and less weak shares holders. Remaining all strong share holders.

Posted by maoyap > Mar 11, 2020 4:48 PM | Report Abuse

gogogogo

Posted by RainT > Mar 12, 2020 12:35 PM | Report Abuse

after so long and so much share buy back

hope 70 sen is well supported

if not....share buy back is a waste only

Posted by SHQuah > Mar 12, 2020 2:43 PM | Report Abuse

Market down should be the time to buy and not sell.
So many people selling like the end of the world ?

Posted by anticonman > Mar 12, 2020 2:45 PM | Report Abuse

Bec can get 50 sen?

Posted by oasischeah > Mar 12, 2020 3:09 PM | Report Abuse

Tomorrow hope to get below 70 sens. Dow futures indicate downtrend again.

Posted by singh1 > Mar 13, 2020 4:59 AM | Report Abuse

Dow crash already lo. 10%!!! 2300 points !!!

Posted by Philip ( buy what you understand) > Mar 13, 2020 5:36 AM | Report Abuse

RainT, there is no such thing as a wasted share buyback.

>>>>>>>
RainT after so long and so much share buy back

hope 70 sen is well supported

if not....share buy back is a waste only
12/03/2020 12:35 PM

Posted by oasischeah > Mar 13, 2020 7:40 AM | Report Abuse

Dow was badly hit yesterday and hope it will not continue today.

Posted by TillyLovers > Mar 13, 2020 9:08 AM | Report Abuse

wow, suddenly drop to RM0.56

Posted by v1vin > Mar 13, 2020 9:11 AM | Report Abuse

woah panic sells

Posted by papparich > Mar 13, 2020 9:41 AM | Report Abuse

Gkent super yummy now! In!

Posted by prince4 > Mar 13, 2020 9:42 AM | Report Abuse

Covid-19 make economy slown down fundamental company will metamorphism and company with high debt will the time to collapse.Expect local and foreign funds money would not flow in big cap and mid cap stock because everybody scare buy high losses money . In this few month expect Funds manager money would flow out in bigcap and midcap stocks and will short selling midcap stocks for make money so now no prospects cannot buy and hold.
market stock RM5.00 drop to RM 2.00 ,followed RM2.00 drop RM1.00,followed RM1.00 drop to 50 cent,followed 50 cent drop to 20cent ,followed 20 cent drop to 10cent ,followed 10cent drop to bottom.
High debt company cannot hold ,high prices stock cannot hold , market never sleep money never sleep just buy bottom low prices with cash rich company . This is a opportunity markets smarts money no longer will flows in cheaper stocks sharks will goreng lows price stock at bottom..

Posted by papparich > Mar 13, 2020 9:46 AM | Report Abuse

basically travel related, but as for others life goes on. Another thing is Pandemic Panic will stop when people learn to accept Covid-19 as a new member of the virus family. "Oh you got CoVid...just rest and take care"....

Posted by oasischeah > Mar 13, 2020 10:22 AM | Report Abuse

Ah Yoh Yoh !! Surprise me .Drop less than 60 sens now. What is happening ladies and gentlemen ??

Posted by PN17 > Mar 13, 2020 11:07 AM | Report Abuse

erkongseng
GKENT - Gkent is of a more structurally risky nature, I doubt that not. With the change of government recently and the problems surrounding, I do worry about project cancellation and delays. However, I believe this will not be the case, as GKENT has been able to work with both the BN government and PH government in doing the massive 11 billion LRT3 project (43% completion and submission for claim expected in 2020). But looking at the scenarios available, and as this is my main margin play for the year of 2019, this is a work in progress that I am monitoring quarterly. There are cancellation penalties (if 43% completion as per progress, this must be paid out for works done and billed. hopefully quickly) I do not doubt GKENT will make a profit this year and many years after that, and I do not underestimate their revised partnership and technology transfer with Honeywell. However, this is a margin play, medium risk for high return play, and caution is to be advised. This is a very small part of my portfolio, but it is also one that I have bigger and bigger confidence in as quarterly results come up.

I am a net buyer. I have bought (on margin) an additional position of 1 million shares at 0.88 cents and continue to pile my dividends into buying back shares of GKENT. Interestingly enough, GKENT management also has the same opinion as I do. So far, they have spent RM25 million in buying back more than 6% of outstanding shares, given out 6% in dividends, and in every action they are doing they are telling me to KEEP CALM AND HOLD ON. The CEO of the company Mr Tan Kay Hock has also not sold a single share, and has actually increased his position, which gives me hope that the business will do well in the long term.

The best form of security is sometimes from the management and controlling shareholders. IF the CEO tells you that his entire networth is in the company, and if we win or lose toghether, ride the ups and downs together.

That is good enough for me. At these prices, I am willing to wait

erkongseng: 加倉87sen gkent

People's who listen erkongseng comment buy gkent in 87 cents now can jump into sea

Posted by kenlee > Mar 13, 2020 11:10 AM | Report Abuse

lol.

Posted by RainT > Mar 13, 2020 12:09 PM | Report Abuse

drop over 20% in 1 day

Posted by K-Den > Mar 13, 2020 12:26 PM | Report Abuse

haha, let's continue collect dividend for next 3 years from Gkent

Posted by oasischeah > Mar 13, 2020 1:39 PM | Report Abuse

Dow Jones futures indicate downtrend again. Must be careful. Wait for Monday is safer Don't rush in yet.

Posted by Philip ( buy what you understand) > Mar 13, 2020 3:07 PM | Report Abuse

Pretty much time to collect at all time lows. GKENT revenue and return has nothing to do with current economic scheme.

GKENT already submitted 43% of works completion to prasarana. If government cancel, the penalties and cancellation costs will be extravagant. Plus no reason to cancel, as the project is severely needed and already cut down to very low levels.

GKENT Share price is also severely underpriced, with 200 million in cash, you are basically buying 158 million in a business that will do 13 billion in the next 4 years.

Time to shoot fish in a barrel.

Posted by stockraider > Mar 13, 2020 3:11 PM | Report Abuse

Remember Gkent highly dependent on Govt hand out mah...!!

The new govt...malay 1st govt policy......do u think gkent can cari makan leh ??

Even Gkent leftover LRT project from PH...the contract value had been cut by 30% loh..... !!...!!

Ask yourself, if a contract value cut by 30%...how much will it affect margin and profit leh ??

Posted by Philip ( 2.3% fatality rate, 80% recovery rate age 10-40) > Mar 13, 2020 3:07 PM | Report Abuse

Pretty much time to collect at all time lows. GKENT revenue and return has nothing to do with current economic scheme.

GKENT already submitted 43% of works completion to prasarana. If government cancel, the penalties and cancellation costs will be extravagant. Plus no reason to cancel, as the project is severely needed and already cut down to very low levels.

GKENT Share price is also severely underpriced, with 200 million in cash, you are basically buying 158 million in a business that will do 13 billion in the next 4 years.

Time to shoot fish in a barrel.

Posted by SHQuah > Mar 14, 2020 7:40 AM | Report Abuse

US Dow up 1985 points. Monday up up up.

Posted by Icon8888 > Mar 14, 2020 7:47 AM | Report Abuse

Bought some at 60 Sen yesterday

Posted by SHQuah > Mar 14, 2020 10:08 AM | Report Abuse

At current close price at 0.655 cents. Dvidend = 9.16%. PE ratio= 6.95

Posted by SHQuah > Mar 14, 2020 10:10 AM | Report Abuse

NTA = 92 cents. EPS - 9.42. where can we find such a good under value stock.