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  neohts Non Bumi company very hard to get new contracts. UMNO or PH also useless. All corrupted. Malaysia is the 2nd most corrupted country in the world. 05/01/2021 11:32 AM getingreal So Tajuddin "negotiated" a price with the contractors and MRCB-GK has to take them on when they are a fix price contractor. I bet he did! MRCB-GK had to renegotiate their prices which likely left them with insufficient excess slush money to buy Taujuddin his usual coffee. So he's now crying. I bet he is! 05/01/2021 11:45 AM neohts Like that how to continue the LRT3 projects ? so many issues ? not enough money to continue. 05/01/2021 2:47 PM sujibaby Issues are common when it involves politicians. The BOD of GKent are not shy of well-connected big shots as well.SBB to keep the price above support level. Good signs. 05/01/2021 6:28 PM Begineer Issue with politicians may not be a good sign for future gov's project. 05/01/2021 10:15 PM SHQuah With the current Covid-19, even if there is an election this year, I won't go and vote. Who ever win, no difference. Government can change again anytime. 06/01/2021 11:01 AM williamtkb Better change government. The politicians are like monkeys making monkey shows instead of managing country and helping Malaysian. All for own politicians benefits instead of Malaysian benefits 07/01/2021 7:00 AM  Choivo Capital https://www.malaysiakini.com/news/558386?utm_source=dlvr.it&utm_medium=facebook&fbclid=IwAR01-Susi_O2fzDlSfoZutXLWAJ0_QbicfFipp2BlJdzT-uTtdBPzZJ5lcM See pay d, but slower. 11/01/2021 4:10 PM SHQuah https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3121308 14/01/2021 6:03 PM skc761103 Buy while u still have chance buy in such level low price , raise 600mil for funding lrt3 n merger acquisition 14/01/2021 8:23 PM  Sslee http://www.georgekent.net/agm/ The AGM minutes mention about acquiring companies in Europe and Asia for technology, products amd market. Anyway it is good to have credit line ready if such opportunity present itself. 14/01/2021 9:04 PM Sslee In liabilities: 500 million Islamic debt and In current asset: Cash and cash equilvalent 500 million untill this current asset as used for........ 15/01/2021 8:53 AM InsiderShark I believe they are expecting to win some new projects soon, no reason to borrow so much for nothing. 15/01/2021 9:17 AM neohts So with the 500 millions Islamic debt meaning the company liabilities or loan is more than Cash in hand now. They need the money to pay for LRT3 sub contractors. 15/01/2021 10:30 AM SHQuah How many % of interest rate for 500 millions islamic debt and for how many years ? 15/01/2021 2:18 PM RainT no hope on construction projects la going forward only GKENT can depend on the water meter only already gone GKENT glory days when it has high construction project 15/01/2021 3:21 PM RainT until now GKENT still heavily link with government .... even already cannot get any new government contracts and share price continue to tanks 15/01/2021 3:26 PM MiaoMiao7 @RainT Maybe this RM600m susuk is for them to branch out to new projects not related to gov? 16/01/2021 10:46 PM  Philip ( buy what you understand) If you look at it from a scuttlebutt point of view, and from the June agm, everyone should thank sslee. His writing has been noted, recorded and lit a fire under gkent ass. All duly noted and recorded. Latest project win is 40m for Sabah Sarawak, pahang, kelantan, kedah and perlis. Yes 600,000 meters over 2 years is a tiny amount, but the applications and future it presents shows that the pilot project works And once deployed will be an exciting day moving forward. As for the sukuk usage, I believe only 300m from gkent will be for paying subcon(300m more from mrcb) which will be more than enough. Getting A+ rating means the rates will be reasonably low. More importantly is gkent expansion overseas with 15 new territories grabbed by Honeywell, including south korean, taiwan, and Thailand. They are spending money to do mergers and acquisitions in Europe and Asia to grow this market moving forward. This is a good market to be in especially if you already have the factory and technology involved. 200 million is expected to be used for this side of the expansion. Doing government work is difficult especially if you want to do things the proper way. But I think gkent is going about it the right way, and the value of the company moving forward. As for share buybacks, if total up all the share buybacks from 2019 until today versus the share price at this moment, I think you can say that gkent has been saving us a lot of money, unlike topglove share buyback. 19/01/2021 5:49 AM ChickyWaWa Rumors said GKENT is working with Invest Perak (and Topglove but not sure) to develop a glove industrial area at Perak SilverValley. Is this true? 29/01/2021 10:43 PM AllanTingAS The Friday share buyback is terrible!!! 65% out if transaction was done by GKent. Logically, something good coming from the company. Tuesday will purchase some for mid term investment. 30/01/2021 9:43 AM neohts If Gkent and MRCB could build the LRT3 by them self, no need to sub to others contractors, they can save a lot of cost. But too bad, Gkent does not have the knowledge. 08/02/2021 11:24 AM InsiderShark @neohts dont know or it is gov police to give a % of project to bumi? If they as big company dont know and have to sub it out to knowledgeable smaller company then I think something is wrong somewhere. 09/02/2021 11:09 PM pamaladu https://www.lrt3.com.my/overall-linewide-progress/ Excellent! Progress ahead the target of 40% despite delayed payments from Prasarana. Don't think many main contractors in the market undertakes to do the whole project on their own without sub-letting. 10/02/2021 7:57 AM LongTermInvestor8 @Vincenteoh29 Your definition of fly is not the same as mine. I like those slow flying, you want the rocket type. Remember, if rocket up will rocket down too. Better fly slow 16/02/2021 5:44 PM LongTermInvestor8 I dont forsee any more bad news. how low can it go? The only way is up from now. not to mention in a recession, the fastest way to boost the economy is to launch projects, gov will do this, and I see gov will spend money building new hospitals, hopefully LRT4 and replace all aging water meters. spend spend spend. gkent will benefit from gov projects just like how gov spend their way out of the recession in 2008. 16/02/2021 5:57 PM LongTermInvestor8 This is the standard playboy by almost every gov when it comes to getting the country out of recession... build build build spend spend spend borrow borrow borrow GKent will benefit greatly when Malaysia gov borrow and spend to boost the economy https://asia.nikkei.com/Economy/Singapore-to-fund-infrastructure-with-debt-as-COVID-swells-deficit 16/02/2021 10:55 PM LimitupLimitDown gkent balance sheet looks like damn healthy. anyway maybe comeback story otw with partnerships with honeywell to expand their business. Gov launch more projects can propel gkent back to RM1++ range. No reason to keep buying back shares if management doesnt think something is up 17/02/2021 2:41 PM Esperian Profit increasing for 3 quarter straight ... good place to park my money :) 22/02/2021 2:56 PM InsiderShark Introducing Air Selangor's New Water Treatment Plant - Rasau Water Supply Scheme https://www.theedgemarkets.com/content/advertise/introducing-air-selangor-new-water-treatment-plant-rasau-water-supply-scheme 23/02/2021 11:40 AM  |
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