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Overview
Financial Highlight
HeadlinesBusiness Background George Kent is an engineering company involved in manufacturing, trading, and investment, development of services development of water infrastructure projects and provision of construction services. Its core businesses are in the water and construction industries. The company exports its products to Singapore, Thailand, Vietnam, Myanmar, Cambodia, Indonesia, Philippines, Papua New Guinea, Australia, Hong Kong, Sri Lanka, Kenya, South Africa, South America and the United Kingdom.
  Jaya SHQUAH I am already back in This is one of risk portfolio just like Myeg Need be give some back la brother and wait for dividend 09/02/2019 00:59 SHQuah Oasischeah......If you are a Chinese Hokkien.....Tuesday night 12 am you will pray very hard. 11/02/2019 09:49 oasischeah SHQuah, Oh I see. Understand now. I believe GKent will move forward as it is one of the strongest and cash rich company. 11/02/2019 13:19 SHQuah https://www.thestartv.com/v/lrt-3-on-track-to-meet-2024-deadline-says-contractor LRT3 on track to meet 2024 deadline, says contractor 13/02/2019 08:54 SHQuah https://www.thestar.com.my/business/business-news/2019/02/14/lrt3-project-to-resume-in-2h/ LRT3 project to resume in 2H 14/02/2019 13:45 chamlo Kwan said the overall LRT 3 project is now valued at RM11.8bil and is expected to be completed in 2024. Read more at https://www.thestar.com.my/business/business-news/2019/02/14/lrt3-project-to-resume-in-2h/#j5qfbst65kJDfh28.99 14/02/2019 21:15 Maynot @chamlo Yes. Now it only cost 11.8 bil. From 31 bil to 11.8 bil is not actually "saving cost", but rather downsizing the whole project until the functionality and the viability of it in the long run is questionable. Many stations has been removed, train size is reduced and more. 15/02/2019 03:21 amzarb44 You better shut up lah...you all guys votes for PH now bising bising buat apa 15/02/2019 09:57 amzarb44 You better shut up lah...you all guys votes for PH now bising bising buat apa 15/02/2019 09:57 Maynot I also keep wondering who has been selling at the current price range. Too cheap and its not even at resistence 15/02/2019 10:43 geraldt9 amzarb44, PH govt. is trimming down the ridiculously inflated ' mark up ' by those BN@Bangsat2 Negara ... and what great point are you trying hard to make here ? 15/02/2019 11:39 amzarb44 Geraldt9 now they trimmed down the cost, yes but actually they reduced the scope of work....so, what a big fuss? 15/02/2019 12:39 amet2017 Where is the proof for the ridiculously inflated price? As a rakyat i wanted to know also. PH should reveal it. From what i know, the scope has been reduced, thats how they trim down the cost. Without proof, it remains cakap2 kosong 15/02/2019 12:47 PHBNsameshit ph trying hard to create scene as if they are helping to reduce cost, but infact they can only achieve that thru reduction of scope. now, what is the purpose of tabung harapan? if the coutry is going bankrupt soon due to high debt, why is the 'old horse' keep pushing for national car project,F1 and other nonsense? to him, the rakyat is stupid and easily manipulated. 15/02/2019 14:48 GrahamNewman Actually, if one really wants to know the whole story, we should start by knowing to whom does the government owe its debt. All these talk about Malaysian debt is not accurate, it should state "Government debt". Last I check, about 70% of debt is owed to the rakyat. In other words, it is highly unlikely that the rakyat will so enforce their claims as to make the government defunct. It was simply right pocket owed left pocket money, although we have to contend the distribution of the debt is not equal within the country, as only institution have the power to purchase large amount of debt. And the Tabung Harapan is a funny concept to be had, because it is akin to debtor asking creditor to strike off some of the debt in the name of patriotism. Try persuade your bank whom you owe money whether you can setup a tabung for them to put their money in for you to repay your debt to them. The wealth is still within malaysian and not being channeled out, albeit the majority of debt is held by people of power. Actually, it would be beneficial for the government to take on debt to finance the country growth because that is what the government is supposed to do right now as Malaysia capital markets are not that developed to facilitate large amounts of private financing. US actually resorted to trade deficit to fund their rail network construction in the mid 1900s, while we complain about budget deficit. Trade deficit makes a country poorer because they have to produce more to pay interest to OTHER COUNTRIES. While with budget deficit, all the wealth are contained within the country, but the holder of debt is its citizens, so there was no flow wealth outside Malaysia. 15/02/2019 15:05 GrahamNewman And seriously is this a forum where people come here to know whether to buy or sell? It’s just absurd. 15/02/2019 16:38 InsiderInvestor Entered at 0.95. Gonna check this position again in 2022 and laugh. Hibernation mode on. :) 15/02/2019 17:23 SHQuah Gkent already have LRT3, so next few years should be no problem. If in future also got ECRL could be even better. 15/02/2019 23:32  Ron90 got someone supporting najb style of managing government debt and deficit budget. Seems like Jho Lo advising najib last time kot?.. clearly this guy donno real economic and more on politics style of thinking. Hancusss... Read more and understand more about govt debt and budgeting of a nation. Dont simply compare US, Singapore, etc deficit budget strategy..they have long term plan for it, borrow to invest different from borrow to joli katak and support the likes of JhoLo, kak mah, bn politicians lavish lifestyle etc.. Becoz most of govt debt to rakyat la najib dare to rompak kaw-kaw this nation..that one pon donno ka?. If borrow from foreign institutions, sure our nation already being declared bankruptcy coz cannot afford to pay huge debt. we already gali lobang tutup lonag for many years..and yet u still ok with it?? seriously, before pakatan won, i am afraid we only got big numbers printed on our investment, epf, banks account..but in reality no money to withdraw, coz all already given to najib govt as debt. 15/02/2019 23:39 amet2017 Your long statement is the standard rhethoric orchestrated before GE14. For those runs by emotion and lazy to search around and read, yeah it sounds like our country is in a very bad shape. Tak habis2 cerita jho low, kak mah. While there maybe mistakes/fraud done via 1mdb, there are loads of good practice done by the previous government. If not our PH kesayangan will collapse after almost 1 year governing due to the ' trillion debt' inherited. Apa la, last time can main the sentiment. Now people oso rajin to read the facts la. 16/02/2019 04:20 Maynot BN is worse than PH. But that does not justify all the bad decision made by the current government. All the so called high country debt is just another propaganda made by the current gov. Debt to GDP around 50% is not considered high at all. Country debt is not personal household debt that should be settled until 0%. A country will always need some borrowing from others to be injected in the economy. Go look up other developed countries debt to gdp percentage, some of them even reach 80% 1MDB case total damage not exceeding 10 billion. Of course najib still will be brought to justice for that. But that does not allow the current government to cut down their spending to the point that it will cost the rakyat. Just because of the 1MDB case, we should forego all the multi billion projects that benefits the rakyat in the long run?? 16/02/2019 06:44 bsngpg Very well said. Cannot agree more. Running country should not come with penny mind 16/02/2019 07:02 SHQuah Sama Sama. Both current and formal PM and ministers also useless. Making too many mistake and wrong decisions. They don't really care for us. There is no real friends in politics. 16/02/2019 08:10 GrahamNewman It doesn’t matter the government need to care about us or not, in any way we have to figure out ourselves how to profit. All these are circumstances to be overcame, because everybody is facing the same issue, not only us. All these politics issues are just like a good story, A good entertaining read. We always complain on the current ministers but what’s the alternative? No ministers at all? Put back former ministers? I sure hope the investors here are not so backward minded. The important point is to prepare ourselves so as to be able to face all these turmoils with equanimity, else we shall all succumb to the manic stock market sentiment and lose our clear headedness. 16/02/2019 12:01 dusti Future is quite blur............I feel better to pick Carimin for near term. Good luck 17/02/2019 14:55 Ron90 wah...lots of stunchy bn supporters here.. ph not even 1 year already cry foul... cry like baby. wtf no brain to face reality. .. hv to clear up all the mess by previews gahman yg u all vote for so long. think to run a country ezi like a SMI ?? even big corporat needs 1-2 years to get back from red to black. .. no point arguing with bn supportes ni..see la in the next2-3 years. 17/02/2019 17:32 Dylan Yong Hua Tai No need to talk politic, BN or PH problem... all are wasting time, this will not help you to earn even 1 cent. Based on TA, Gkent still in dropping mode, just wait and see. 17/02/2019 18:01 Ron90 I don like to talk politics olso..we trade to make $$ here, even angel run the show no use if we rugi. .huhu.. but abit irritate to read some post..hehe. 17/02/2019 18:11  |
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