The RTS Link project would cover 4km of rail between Bukit Chagar, Johor Baru and Woodlands, Singapore, with the capacity to ferry 10,000 passengers an hour.

Read more at https://www.thestar.com.my/news/nation/2019/04/01/loke-govt-requested-six-months-extension-from-singapore-over-rts-project/#aMxls9s6HUhvmBBR.99

https://www.thestar.com.my/news/nation/2019/04/01/loke-govt-requested-six-months-extension-from-singapore-over-rts-project/

The RTS Link project would cover 4km of rail between Bukit Chagar, Johor Baru and Woodlands, Singapore, with the capacity to ferry 10,000 passengers an hour.

Think positive live longer.

I think the future of Gkent is a lot better than Naim.

April just go to airport, if you can find Gkent and MRCB bosses going to China with Tun Daim, Then we are going to to be rich. If not with current Meters, hospital and LRT projects company can still make good profit and pay good dividend for many years. So don't worry.

The differences between short sighted and long sighted person.
Now you don't see it, but when you miss the train, you will regret.

Results expected. Consider good without LRT factor in.

https://www.theedgemarkets.com/article/strategic-alliances-likely-george-kent-expand-diversify-products

Near-term opportunities for George Kent the Klang Valley double track 2 worth RM5 billion, where we understand the company is seeking a JV partner to participate in the tender.

https://www.theedgemarkets.com/article/strategic-alliances-likely-george-kent-expand-diversify-products

Near-term opportunities for George Kent would be water treatment plant jobs worth RM100 million to RM200 million, and the Klang Valley double track 2 worth RM5 billion, where we understand the company is seeking a JV partner to participate in the tender.

Current share price is the fair value for meter business. If Plus LRT & hospital should be higher. If Plus ECRL & HSR, going to rocket high.

Dividend better than Bank FD and EPF.
So just keep.

End of the year when LRT3 revenue factor in, share price could break RM1.50.
Mid Next year RM2.00.
If could get some railway systems project like HSR or ERCL, then could break RM3.00

https://www.nst.com.my/business/2019/03/472840/george-kent-posts-rm8492m-net-profit-fy19

KUALA LUMPUR: George Kent (Malaysia) Bhd’s net profit declined 31.7 per cent to RM84.92 million in the year ended January 2019, from RM124.4 million previously mainly due to to lower contribution from the engineering division.

It declared a third interim dividend of 3.5 sen per share payable on April 30 this year to shareholders whose names appear in the record of depositors on April 9, 2019, being the book closure date.

The company said its performance was credible in spite of the retiming of income recognition arising from the government’s remodelling of the Light Rail Transit 3 project to a fixed-price contract.

“Construction works were suspended since June 2018 and are expected to resume in the latter part of 2019. The commendable results reflected the robustness of George Kent’s other businesses,” it said in a statement.

He said the group was also on the lookout for opportunities in the regional railway space, leveraging on its expertise as rail systems specialist in domestic railway projects.

“The group’s strong order book will provide earnings visibility over the next few years,” he added.

Second half is going to be very good when LRT3 resume operation. Start accumulate when price is low. 2nd half Revenue and profit should go up.

Results not bad even without LRT projects. Still can give 3.5 sen dividend. 2nd half of the year should be better when projects begin again. Expect 2nd half Revenue and profit to increase.

https://klse.i3investor.com/blogs/AmInvestResearch/199109.jsp

Trading Call: Buy on further rebound above RM0.84

Target: RM0.87, RM0.97 (time frame: 3-6 weeks)

I expect Gkent will continue giving dividend this quarter.

I invested in Gkent because the dividend % is higher than bank FD and EPF. One thing for sure is company won't close down.

https://www.theedgemarkets.com/article/george-kent-seen-promote-smart-metering-state-govts

George Kent seen to promote smart metering to state govts
The management is excited about its metering division as they are doubling their effort in promoting their smart metering solutions to various state governments and countries within the South-East Asia region. Its smart meters are an add-on to existing meters that offer fixed network reading or mobile network reading, which allows water players to bill customers effortlessly. While it is still at the pilot stage, as they are working with mobile operators in testing the transmission of data, we believe that should it take off, it would be a strong growth factor for its metering division. We anticipate the smart meters could potentially grow its metering revenue by a minimum of 50%, should GKENT is able to package its smart meters together with its existing products.

George Kent (Malaysia) Bhd (GKent) management has indicated that its current core focus would be on the delivery of Light Rail Transit Line 3 (LRT3) and its existing ongoing projects — LRT2, Mass Rapid Transit 2 and public hospitals with an estimated outstanding order book of RM5.4 billion. Hence, the management is not looking to participate aggressively in other jobs in the near term.

While its current progress is still at about 10%, management remains optimistic about meeting the construction timeline as it has been rescheduled to 2024. Currently, the management is expecting the redesign of the project to be completed by the second half of calander year 2019 (2H19) and hopes to progress to full swing as its subcontractor would be able to proceed with work on stations upon receiving the final designs. That said, now that GKENT-MRCB JV is no longer the project delivery partner(PDP) but the main contractor of LRT3, they are working closely with banks to secure financing for the working capital needs for LRT3. We are confident that they will be able to secure the financing given that both GKENT and MRCB’s balance sheets remain healthy, which GKENT is in net cash position while MRCB is lowly geared at 0.2 time.

We are keeping our FY19E core net profit (CNP) of RM75 million as we believe that GKENT will meet our expectations as they tend to perform stronger in the fourth quarter. No changes to our FY20E (estimate) CNP of RM82 million for now.

https://www.thestar.com.my/news/nation/2019/03/15/mrcb-pleased-with-pacs-feedback/

Contra players never learn.

Don't worry about this coming quarter result, can make less profit is consider very good.
Think about second half of the year and moving forward with all the bigger projects.

Gkent focus on potential jobs includes regional rail-related opportunities, and GKent is studying possibilities to participate in Singapore’s rail-related job bidding.

We opine that the company will face an uphill battle as bidding for Singapore mass rapid transit jobs is very competitive in Singapore. On the domestic front, near-term opportunities for GKent include water treatment plant jobs (RM100 million to RM200 million) and the second phase of the Klang Valley double track project (RM5 billion) where we understand that the company is looking for a JV partner to participate in the tender.

Revenue and profit drop is expected. We are looking at the future and not present.

PH is based on projects experience and costs. They don't care about their past relationship.

Catching contra player before go for second round goreng.

If you wait until announcement or contract sign, then too late to buy. You can't get at this price.

There could be some good announcement. So just hold and Wait.

Besides Meters, LRT,MRT, Hospital, Gkent also involved in utilities projects like water treatment plant.

One more important projects, HSR high speed Rails project from Singapore to KL. If can get this project, share price get go above RM5.00

I am holding for long term. Hoping for more hospital and ECRL projects. Current quarter result may not be good but second half should be very good. If next year can get ECRL projects share price can go up very very high. I expect got dividend in April.

https://www.thestar.com.my/business/business-news/2019/03/08/govts-200b-yen-samurai-bond-priced-at-yield-of-0pt53pct/

Key words:
“Proceeds from the offering will be used by the Government for its general purposes, financing development expenditures that among others include building schools, hospitals, public roads and utilities,” it said.

https://www.thestar.com.my/business/business-news/2019/03/08/govts-200b-yen-samurai-bond-priced-at-yield-of-0pt53pct/

Key words:
“Proceeds from the offering will be used by the Government for its general purposes, financing development expenditures that among others include building schools, hospitals, public roads and utilities,” it said.

Once ECRL projects start, OKA is going to fly high.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6089361

I expect results ok only, normally this quarter got announce dividend.

We still have hope on HSR Singapore - KL high speed rails in 2020.

http://www.georgekent.net/projects-reference/

List Of Current Projects
1) Ampang Light Rail Transit (LRT) Line Extension Project
2) Proposed Upgrading Hospital Kuala Lipis Phase II
3) Mount Eriama Water Treatment Plant, Port Moresby, Papua New Guinea
4) Construction and Completion of Light Rail Transit Line 3 (LRT3) from Bandar Utama to Johan Setia
5) Construction and Completion of MRT Sungai Buloh-Serdang-Putrajaya Work Package SSP-SY-2014
6) Design and Build 150-Bed District Hospital in Tanjung Karang
7) Design and Build 220-Bed Endocrine Hospital in Precinct 7, Putrajaya

Cumulative net outstanding treasury shares as at to-date (units) 24,651,900
Total number of shares purchased and/or held as treasury shares against total number of issued shares of the listed issuer (%) 4.37658

Gkent already SBB 4.38% from open market.
There are still remaining 5.62%, estimated 3 or 4 thousand small shareholders.

Correct me if I am wrong. Based on last year annual report, top 300 shareholders holding more than 90% of Gkent share. Company is allowed to buy back the remaining 10% from open market. I don't think Gkent will sell any SBB shares.

In recent Bursa announcement, most of the company financial results is very bad and losing money except banking stocks. Looks at Big company like TNB also loss.

I expect Gkent still making profit but could be less and can still effort to give dividend.

The dividend 1.8% is actually higher than last quarter 2% because this quarter % is factor with additional bonus issues quantity.

In recent Bursa announcement, most of the company financial results is losing money except banking stocks. Looks at Big company like TNB also loss. So MRCB still making profit should consider very good.

Good dividend stock, better than Fixed Deposit.

Just buy, don't ask why ?
What we are waiting is the future HSR KL Singapore high speed rails in 2020. It is even bigger than LRT3. Gkent and MRCB got a very good chance of getting the contracts.

LRT3 still got jobs until 2024. - 5 years to go. Why worry.

https://klse.i3investor.com/servlets/ptres/49265.jsp

Reiterate BUY call with an adjusted TP of RM0.90

Just buy, don't ask why ?
What we are waiting is the future HSR KL Singapore high speed rails in 2020. It is even bigger than LRT3. Gkent and MRCB got a very good chance of getting the contracts.

LRT3 still got jobs until 2024. - 5 years to go. Why worry.

As long as Gkent & MRCB still making profit and giving dividend, Don't worry. Good Feng Shui will come again later.

Dividend remain the same 1.75

As long as Gkent & MRCB still making profit and giving dividend, don't worry. Good Feng Shui change every few years.