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0.71   -0.01 (1.39%)  0.695 - 0.72  847,700
17,537 comment(s). Last comment by SHQuah at Jan 20, 2021 5:50 PM
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oasischeah
1307 posts

Posted by oasischeah > Mar 19, 2020 11:51 AM | Report Abuse

The dividend may not be 3.5% like last year. However it must be definitely good buy now.


ming
1647 posts

Posted by ming > Mar 19, 2020 1:49 PM | Report Abuse

Despite emotion issue.. gkent still able make profit during covid-19 period ma..


SHQuah
4548 posts

Posted by SHQuah > Mar 19, 2020 2:39 PM | Report Abuse

Bosses need to start buying and update in daily Bursa announcement. Only then investors will have more confident with the company.


ming
1647 posts

Posted by ming > Mar 19, 2020 7:50 PM | Report Abuse

Tan sri Keep using company money to share buy back.. duit sendiri still simpan 99..


RainT
7711 posts

Posted by RainT > Mar 19, 2020 9:34 PM | Report Abuse

buy


superegg
112 posts

Posted by superegg > Mar 19, 2020 9:47 PM | Report Abuse

Cheap


m_aloha
434 posts

Posted by m_aloha > Mar 20, 2020 11:13 PM | Report Abuse

keep buying ..


Philip ( buy what you understand)
4062 posts

Posted by Philip ( buy what you understand) > Mar 21, 2020 12:18 PM | Report Abuse

sslee... GKENT management is buying back average of 300K shares every day with their money. With a net outstanding share amount of 563 million shares, and bought back 25 million shares already, what do you think is going on? and why is Insas not doing the same thing with their 1.5 billion in assets and cash?


calvintaneng
39935 posts

Posted by calvintaneng > Mar 21, 2020 2:07 PM |

Post removed. Why?


mf
23915 posts

Posted by mf > Mar 21, 2020 2:17 PM | Report Abuse

Coronavirus live updates: Singapore reports its first two deaths, Italy locks down further


Philip ( buy what you understand)
4062 posts

Posted by Philip ( buy what you understand) > Mar 22, 2020 7:44 AM | Report Abuse

LRT project is considered a necessary construction because it is a critical transportation in City areas and already progress tracked to 43%.

NFCP is a baby which hasn't even started yet.

Which is easier to cancel?

Think think think.

The early warning shots of NETX at 0.005 is here. Latest news from national newspapers as government struggles to divert resources to healthcare and social services. NFCP put on indefinite hold. Only payment for phase 1 and phase 2 OCT 2020 RFP tender canceled until due notice.

So... now what Mr Calvin? You said got tender. Please explain further. Government expanding resources to healthcare and military instead with their 50 billion allocation.

So.. without NFCP what does NETX have in its future?

>>>>>>>>

https://oilprice.com/Energy/Energy-General/Russia-Wont-Blink-First-In-...

Oil price has dropped to USD 22 per barrel. As demand and supply world wide plummet.

Oh no.

>>>>>>>>>>>

Government has started putting major projects on hold which is unnecessary to daily public and national importance.

Malaysia is looking at a shortfall of more than 58 billion ringgit for the allocation of public works due to cancellation of GST and shortfall from O&G revenue income.

NCFP project has been put on hold at all major states except Kelantan, Terrenganu, Sabah & Sarawak. Revision of packages to drop from 30 mb/s to 15mb/s speeds in rural locations.

Read more here:

>>>>>>



>>>>>>>

Posted by calvintaneng > Mar 21, 2020 2:07 PM | Report Abuse

PHILIP IS BIG HYPOCRITE

IF GOVT CANCELL ALL JOBS THEN WHY KEEP GKENT (going kaput)

See https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-03-19...


anticonman
533 posts

Posted by anticonman > Mar 22, 2020 9:37 AM | Report Abuse

Philip read newspaper? Why they(media stocks) not more bargain to pick up when cheap?


SHQuah
4548 posts

Posted by SHQuah > Mar 22, 2020 2:50 PM | Report Abuse

Just curious calvintaneng got any Gkent share ?


SHQuah
4548 posts

Posted by SHQuah > Mar 22, 2020 2:57 PM | Report Abuse

Results should be out soon, so much money spent on share buy back, not sure got enough money for dividend.


ming
1647 posts

Posted by ming > Mar 23, 2020 5:04 AM | Report Abuse

Building hospital ma.. mayb got surprise leh


philip buto
9 posts

Posted by philip buto > Mar 23, 2020 11:31 AM | Report Abuse

philipbuto yeah critical like in ICU


calvintaneng
39935 posts

Posted by calvintaneng > Mar 23, 2020 4:29 PM | Report Abuse

NETX IS TSUNAMI SHELTERED

1) CASH RICH & DEBT FREE

2) INSIDERS STRONG BUYING SUPPORT

3) GOOD JOB PROSPECT IN NFCP

4) FUTURE TECH COMPANY

5) SELLING AT PRICE TO CASH DISCOUNT UP TO 60%

6) SAFE, SOLID & SOUND BALANCE SHEET

7) THE SAFEST STOCK IN A TIME OF FINANCIAL CRISIS LIKE NOW!!!


K-Den
679 posts

Posted by K-Den > Mar 23, 2020 4:31 PM | Report Abuse

actually promote here 9696 also no use, most important got good QR, let's wait for it. I stuck here till see no road


ming
1647 posts

Posted by ming > Mar 23, 2020 6:17 PM | Report Abuse

Good qr at this period also no use le.. hope big player dont kena margin call here


RainT
7711 posts

Posted by RainT > Mar 23, 2020 7:44 PM | Report Abuse

since after election

this GKENT share price waterfall until mother also cannot recognise


Matcha Green Tea
159 posts

Posted by Matcha Green Tea > Mar 23, 2020 10:38 PM | Report Abuse

Looks like 0.5 to 1 cent dividend is possible, if the profit is around 2 cents. That's around 40% payout ratio using 2018 (46%) and 2017 (40%) benchmark.


Philip ( buy what you understand)
4062 posts

Posted by Philip ( buy what you understand) > Mar 24, 2020 11:18 AM | Report Abuse

But did management have enough cash to buy back 5% + of shares and huge dividend yield while waiting for LRT3 earnings clarity?

>>>>>>>>>

calvintaneng NETX IS TSUNAMI SHELTERED

1) CASH RICH & DEBT FREE

2) INSIDERS STRONG BUYING SUPPORT

3) GOOD JOB PROSPECT IN NFCP

4) FUTURE TECH COMPANY

5) SELLING AT PRICE TO CASH DISCOUNT UP TO 60%

6) SAFE, SOLID & SOUND BALANCE SHEET

7) THE SAFEST STOCK IN A TIME OF FINANCIAL CRISIS LIKE NOW!!!
23/03/2020 4:29 PM


SHQuah
4548 posts

Posted by SHQuah > Mar 24, 2020 11:51 AM | Report Abuse

calvintaneng --- NETX is a lousy company making huge losses.

Gkent - is a good company making profit and with good dividend. I am not sure you got any Gkent share ?


Rwkl
161 posts

Posted by Rwkl > Mar 24, 2020 11:53 AM | Report Abuse

Philip,
Companies in mature markets are sctapping and suspending dividends. In times like this it might be a wise move. Your thoughts please


Philip ( buy what you understand)
4062 posts

Posted by Philip ( buy what you understand) > Mar 24, 2020 1:10 PM | Report Abuse

My opinion is very simple. If a company is unable to grow the business or have further use of unexpended capital, the right move is always to increase shareholder value by buying back shares or giving out dividends. A company that hoards cash and doesn't do anything with it is a horrible company (although icap seems to be on the move with the recent market drop. We will see).

I hate companies that also do the opposite, taking loans to give out dividends, which hurt the company growth.

I hate even more companies that move out of its core competency and use the cash hoard to move into businesses which it has no benefit organically, growing just for the sake of growing. It would be like a palm oil plantation that jumps into property development, or a timber company that jumps into building automation systems.

The best is companies that buy back shares when it is cheap, gives out dividends when there are no good opportunities in the market, and conserving cash when it is needed.

Obviously, with a 200+ million cash hoard and 13 billion orderbook with multiple happy subcontractors that are paid based on progress claim (which is charged back by GKENT), they feel confident enough with their quarterly earnings to aggresively buy back shares.

All we need is patience to see how everything turns out.


Sslee
4661 posts

Posted by Sslee > Mar 24, 2020 1:31 PM | Report Abuse

Haha
Most of plantation company jump into property development because they have many cheap plantation land near strategy location and reap for property development.


m_aloha
434 posts

Posted by m_aloha > Mar 24, 2020 2:46 PM | Report Abuse

The indicator shows will fly soon..


dlau8899
688 posts

Posted by dlau8899 > Mar 24, 2020 6:25 PM | Report Abuse

Going up above 0.60 as soon


Philip ( buy what you understand)
4062 posts

Posted by Philip ( buy what you understand) > Mar 25, 2020 8:30 AM | Report Abuse

I think this is a stupid concept, because a lot of my friends are stuck now with bank loans that they cannot service due to building shoplots and houses that no one wants to buy and they can't sell off due to low demand. You should only build something that people want, and not because you can.

>>>>>>

Sslee Haha
Most of plantation company jump into property development because they have many cheap plantation land near strategy location and reap for property development.
24/03/2020 1:31 PM


Sslee
4661 posts

Posted by Sslee > Mar 25, 2020 10:47 AM | Report Abuse

Haha
Philip forgot why a water meter manufacturer like Gkent jump into 13 billion contruction work. Maybe the CEO play too much golf with you know who.


ks55_
566 posts

Posted by ks55_ > Mar 25, 2020 3:22 PM | Report Abuse

Close shop soon. Run asap.


ks55_
566 posts

Posted by ks55_ > Mar 25, 2020 3:23 PM | Report Abuse

1 mth MCO no income but salary pay 100% sure die.


4444
1774 posts

Posted by 4444 > Mar 25, 2020 4:10 PM | Report Abuse

Close shop soon meow-meow.


m_aloha
434 posts

Posted by m_aloha > Mar 25, 2020 6:48 PM | Report Abuse

Expected mco to extend.., let drop further to give opportunity for other to be rich


m_aloha
434 posts

Posted by m_aloha > Mar 25, 2020 6:50 PM | Report Abuse

However this week qtr release will push the price up


dlau8899
688 posts

Posted by dlau8899 > Mar 26, 2020 12:12 AM | Report Abuse

From 1.38 to 0.52 , more than 50 percent discount, if buy above 1.00 , why not buy now.


m_aloha
434 posts

Posted by m_aloha > Mar 26, 2020 12:54 AM | Report Abuse

Indeed keeping buying..Good FA & cash cow company with projects in hand.


Philip ( buy what you understand)
4062 posts

Posted by Philip ( buy what you understand) > Mar 26, 2020 7:56 AM | Report Abuse

Exactly.

>>>>>>>>


dlau8899 From 1.38 to 0.52 , more than 50 percent discount, if buy above 1.00 , why not buy now.
26/03/2020 12:12 AM


Philip ( buy what you understand)
4062 posts

Posted by Philip ( buy what you understand) > Mar 26, 2020 8:09 AM | Report Abuse

Can you prove to me that gkent "jump" into 13 billion construction work. Maybe you don't know the history of GKENT, but I do.

Before lrt3 there was mrt 2 and lep. Maybe sslee has forgotten, but gkent is the first Malaysian company to do the ampang lep extension line. So experience is definitely there, unlike some companies which just do and sub out to chinamen instead of doing technology transfer.

Before that, they have been doing water treatment plant construction as well. Or did you forget the design, build and operate water treatment plant that they have?

And before that construction into design and build hospitals.

So everything follows a natural progression, which is what I am looking for in growing companies. That is why I don't invest in companies like Jaks, which go from steel supplier, jump into property development ( which end up being sued) and suddenly jump into per generation ( no experience, almost couldn't get it off the ground).

More importantly, has GKENT EVER lost money? I doubt it.

On the other hand contrast it to a company like INSAS which started as a core securities company which stuck lightning in a bottle with INARI(experienced partners). But then decided to jump into fashion ( loss making, no experience), f&b ( dome, a failure no experience), car rental ( unprofitable, sold), fintech ( no experience, sold), biotech ( loss making, no experience, no progress).

I remember my son when he was young he wanted to try everything, piano classes, basketball training, swimming, guitar. In the end he ended up a fine engineer. But many wasted movements and unnecessary expenses.

Can you afford unnecessary expenses when investing in stocks? Unlike my son, I can choose any company now in Bursa. So why not choose the best one with the best growth opportunities? Instead of buying something just because it is cheap.


>>>>>>>>>>


Sslee Haha
Philip forgot why a water meter manufacturer like Gkent jump into 13 billion contruction work. Maybe the CEO play too much golf with you know who.
25/03/2020 10:47 AM


Sslee
4661 posts

Posted by Sslee > Mar 26, 2020 9:30 AM | Report Abuse

Dear Philip,
In life it is better to be jack of all trades and master of none. You have brought out your son very well in giving him a free hand in trying everything, piano classes, basketball training, swimming, guitar and etc and he ended up a fine engineer plus I am sure a fine human being (all rounder) appreciated and respected by many.
I think your son can teach you a thing or two in appreciating all endeavor and accepting different in opinions, be humble and especially do not argue with lady (Leno and SarifahSelinder)

Thank you


Philip ( buy what you understand)
4062 posts

Posted by Philip ( buy what you understand) > Mar 26, 2020 2:02 PM | Report Abuse

Can we stick to stock investment?

In stock investing the most important thing is making money. The best way to make money is to buy wonderful companies rather than buying everything in sight. If you try everything and become all rounder, you will end up bankrupt sooner rather than later.

The simple lesson is, buy wonderful companies.

>>>>>>>>

Sslee Dear Philip,
In life it is better to be jack of all trades and master of none. You have brought out your son very well in giving him a free hand in trying everything, piano classes, basketball training, swimming, guitar and etc and he ended up a fine engineer plus I am sure a fine human being (all rounder) appreciated and respected by many.
I think your son can teach you a thing or two in appreciating all endeavor and accepting different in opinions, be humble and especially do not argue with lady (Leno and SarifahSelinder)

Thank you
26/03/2020 9:30 AM


Philip ( buy what you understand)
4062 posts

Posted by Philip ( buy what you understand) > Mar 26, 2020 2:04 PM | Report Abuse

now that insas valuation has dropped to such wonderful lows, and your prophecy is fullfilled (0.48 ringgit today), perhaps now is a good time to start using all that FD money and go all in and buy all INSAS in sight.

Perhaps then you will finally learn what opportunity costs are.


Sslee
4661 posts

Posted by Sslee > Mar 26, 2020 4:02 PM | Report Abuse

Haha,
No hurry will collect slowly but right now better to buy Gkent below 50 cents and sell back to Gkent above 50 cents, learn from hng33.


mf
23915 posts

Posted by mf > Mar 26, 2020 8:07 PM | Report Abuse

What to watch: Dow set to drop after first back-to-back gains since February


SHQuah
4548 posts

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.


Sslee
4661 posts

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.


hng33
17627 posts

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

bought Gkent at 55.5sen


hng33
17627 posts

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

add more at 56sen


moneytrail
74 posts

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

Slow to recover


Victory99
405 posts

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...

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