https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3108492

It will move slowly up to RM1

Going up because of oil price?

I'm interested to know the details of AGM as well

should be next month.

No buying from rumour la. It is a company worth investing in :)

last Q Nike sales was good. It should be refected in Magni's revenue as well

Agree with you. definitely can keep for long term

Hello_cannot, let us know what is the new venture.

Ya likely will have dividend but most important good Q result and no impairment.

Can monitor for another quarter.

director keep buying. good sign

Good to see Gkent continue to buy back there own share

The Group’s 50%-owned LRT 3 project joint venture company MRCB George Kent Sdn Bhd contributed profit after tax of RM1.6 million to the Group compared to RM1.2 million in the corresponding period in 2019 due to the lower income recognition from the LRT 3 project, following the re-modelling of the project from a PDP to a fixed price turnkey project

share by back at RM0.79-0.805. i thought Gkent usually buy back share <RM0.70

Congrat to all...Expecting a correction should before it will continue to go up

what is the news? please share here

I also interested to know

why it is time to sell?

Recover back to pre covid quarter.

Yes... we should see a recovery starting this quarter

Yea....hopefully we will see the earning come in next year

what project?

Where did you get the news? Can share the link?

We will have a clearer picture once the quarterly report out end of this month

Slow and steady

Saw news TNB continue with smart meter installation during CMCO. Is the smart meter supplies by Gkent ?

Ya agree it is a good company. I may want to wait bit longer since now we are still in CMCO, revenue will be impacted.

Ya, i think the vaccine will need at least few quarters before it can be distributed to world wide. Again even with the vaccine, people may still reluctant to travel as much. For tourism,gaming, retail to go back to pre- covid time, I guess we may need to wait till mid or end of next year

Even with such news, the price is not moving up . Could it be the price increase early already factor in this project?

can come back and look at this counter next year

Up because of the vaccine news?

it is better for you to do your own research and determine whether it is worthy to buy

MRT3 and HSR still a long way to go. Too many uncertainties. If snap election and PH win the GE, it may delay again.

covid number keeps on increasing. recovery will take time

Does Gkent involve in MRT3 and HSR project?

If they succeeded in acquiring 49% of T7 Wenmax, that will give them additional 5M PAT based on 2019 figure. Not a bad investment in my opinion

good opportunity to enter more

yorkyork, what did you get the info ? 70% big client is appl? mind to share

Yes, maybe need to wait a few more quarter.

>50% of the revenue come from facilities which is kind of recession proof.

Can keep till next year . Good outlook for semicon next year

i prefer increase slowly but steady

yes 7mil is not a big contract and i dont think the increase today is because of the 7mil.

why fly tomorrow?

i think they around 15 outlets in selangor/kl

Inari customer for MMSV?

ya correct. agree with you skl6097

Need to be patience with this company.

So many contracts awarded. Just a matter of time before it move up