azmimerican, you sold 200,000 shares for the 41k profit?

I'll take the dividend and hold . This's a good and growing counter.

Luck counts

No significant impact as the amount is negligible.

Won't be that long

Yes! Expecting good dividend soon!

Lorries stop for refuel to go far north!

Posted on 1 August 2014 - 05:37am

Lee Weng Khuen
sunbiz@thesundaily.com


Speaking to reporters after the company's AGM and EGM here yesterday, its chairman Tan Sri Tan Kay Hock (pix) said it is still studying the proposal to tap into the oil and gas industry, but will start with the service engineering segment.

With more tenders submitted, the firm hopes to grow its order book to at least RM5 billion over the next three years compared to more than RM1 billion currently.

"We're optimistic and excited about the company's future, we'll continue to deliver sustainable growth," Tan said.

For its water meter division, he said he expects revenue to jump five-fold in the next two to three years versus just over RM100 million currently, supported by innovative technology and enlarged overseas presence.

"Not just water meters only, but we also have smart meters and polymer meters, five to 10 years down the road, we won't be left behind, we want to be at the forefront," he said.

The firm manufactures more than 2 million water meters yearly, with a total of 40 export markets, with plans to expand its footprint abroad, especially in commonwealth countries such as New Zealand, Australia and the African continent.

Currently the firm is mainly involved in infrastructure construction and the water meter sector.

According to Tan, the company holds nearly RM200 million net cash at hand.

Tan opined that George Kent's share price has underperformed its industry peers, pegged at 11 times price-to-earnings ratio compared with the 17 times of its peers.

5 sen dividend ex on next Monday

Expecting some good news

Please drop fast, I want to buy at 50 sen.

Exactly! Quiet counter can be a good choice, see Super ...

...comparable or better.

Still lower than the right issue price of RM1.30... Very high NTA of RM3.90. Maybe target price RM1.65...

Getting better

annmix, thanks for the good news.

Lower fuel price this year should boost its profit.

Good qtr result boosted by stronger US$ can be expected and due to be announced this month.

Oil price will be up and up and this counter is fundamentally ok, I prefer to hold and buy at the right time.

Could be short selling following the stupid technical analyses.

What's the latest development?

If very cheap I'll buy and if the opposite I'll take my profit. Every situation is an opportunity but you must have the $ waiting!

Interesting to see how cheap it can go.

Very unsteady!

Yes, please drop to 1.5, I want to buy.

Heading for RM1.80

Cheap so investors buy more.

Last qtr result was not impressive and below expectation.

V. good result. Price is dropping but it's an opportunity to buy.

Reach RM2 by end of this week is possible.

http://klse.i3investor.com/blogs/the_edge_insider_asia_stock/70802.jsp

Be calm! Look at the last 3 qtrs and not just the last qtr alone, it's ok.

This counter has Low PE 5.7 and NTA RM 1.51. In addition, it's a furniture counter and qtr result (v. likely better than last qtr, I guess) out this month. So its price is expected to go up v. soon!

Up the whole week this week. Good news here and there

So cheap, sure goreng this week

Don't miss the boat

1.00 before end of month

Foreign currency conversion gain expected to be more significant in the next Q.

Now lower than the ESOS price of RM1.11!

RM 1 soon? This horse can be fast and hard to chase!

Now makan, makan enough then jalan cepat cepat!

When?

Too late to chase

This counter showed good results so far and with good management, so I think it will go above 1.00 this year.

Agreed with KC Loh. Hope it can get some new contracts

Very quiet counter

Yes!

I believe the next target is 57 sen, which is soon.

Will goreng lah

OPEC is not God lah