William Choong.........Congratulation

https://www.cnbc.com/world/?region=world

US Dow up 1086.25 points

https://www.cnbc.com/world/?region=world

US Dow up 1086.25 points

Everyday Share buy back.

https://www.investing.com/indices/us-30-futures

Good news Dow 30 Future turn green at 4.12 pm

William Choong.......Good buy. Keep it up.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6011001

Second interim dividend
EX-date 04 Jan 2019
Entitlement date 08 Jan 2019

Merry Christmas and Happy New year.

90 sen coming soon early next year.

Current price is a good buy.
Don't worry........90% chances making profit.
Can go back to 70 sen early next year.

Jaya.....I support u.

Today another share buy back. Every day SBB

https://www.theedgemarkets.com/article/george-kent-seen-strong-rail-sector-lrt3-job

George Kent seen strong in rail sector with LRT3 job

https://www.thestar.com.my/business/business-news/2018/12/21/mrcb-shares-up-on-rm107bil-land-disposal-payment/

7 research houses recommend 'buy' calls on MRCB shares

Positive person normally healthier and live longer.
Negative person can easily get cancer and die earlier.
So think positive.
Happy New Year and Merry Christmas.

RainT...

https://www.thestar.com.my/business/business-news/2018/12/20/george-kent-posts-lower-profit-and-revenue-in-q3/

George Kent chairman Tan Sri Tan Kay Hock (pic) said: “The results for the quarter under review continue to be credible, taking into account the nominal contribution from LRT3 as the project is being renegotiated. construction is expected to resume in the latter part of 2019.”
“The group is also actively pursuing Regional railway opportunities, whilst being committed to delivering on our existing order book,” he said.

https://www.thestar.com.my/business/business-news/2018/12/21/mrcb-shares-up-on-rm107bil-land-disposal-payment/

7 research houses recommend 'buy' calls on MRCB shares

Non stop SBB. Do not simply give TP. Must have facts and data. Company still making good profit during bad time. Next year when all project start, results should be better.

https://www.thestar.com.my/business/business-news/2018/12/20/mrcb-shares-rise-6pc-on-rm1-07bil-land-disposal-payment/

The project which measures 76.14 acres, is a mixed development project with a GDV of RM21bil.
The land will be developed over the course of 20 years, ensuring a sustainable pipeline of construction contracts for the group in the long term.

MRCB - 20 years construction contracts.

Second half of next year is going to be a very good year for George Kent.
Next year could be even better dividend yield.
So just buy and keep for long term.

https://www.theedgemarkets.com/article/mrcb-receives-rm107-bil-epf-bukit-jalil-land-disposal

KUALA LUMPUR (Dec 19): Malaysian Resources Corporation Bhd (MRCB) has received RM1.07 billion from the Employees Provident Fund (EPF) for its 80% subscription in Bukit Jalil Sentral Property Sdn Bhd (BJSP), the special purpose joint venture company undertaking the development of Bukit Jalil Sentral.

https://www.nst.com.my/business/2018/12/442218/mrcbs-net-gearing-falls-24pct-gdv-triples-rm31b

KUALA LUMPUR: Malaysian Resources Corporation Bhd’s (MRCB) corporate transformation strategy has successfully reduced its net gearing from 172 per cent to 24 per cent, increased its urban land bank four-fold to 114.12 hectares, with gross development value (GDV) increasing almost three-fold to RM31 billion.

During the four-year transformation, MRCB’s external construction order book has also grown exponentially, from only RM2 billion to RM21 billion, ranking currently as the highest in the industry.

https://www.nst.com.my/business/2018/12/442218/mrcbs-net-gearing-falls-24pct-gdv-triples-rm31b

MRCB another good company

KUALA LUMPUR: Malaysian Resources Corporation Bhd’s (MRCB) corporate transformation strategy has successfully reduced its net gearing from 172 per cent to 24 per cent, increased its urban land bank four-fold to 114.12 hectares, with gross development value (GDV) increasing almost three-fold to RM31 billion.

During the four-year transformation, MRCB’s external construction order book has also grown exponentially, from only RM2 billion to RM21 billion, ranking currently as the highest in the industry.

https://www.thestar.com.my/business/business-news/2018/12/19/lower-q3-profit-for-george-kent-dividend-1pt5c/

George Kent said nine month results were commendable with only a nominal contribution from LRT3 as the project is being renegotiated.

“Prasarana Malaysia Bhd issued a letter of appointment dated Nov 2, 2018 to MRCB George Kent Sdn Bhd for the award of the LRT3 project at a fixed contract sum of RM11.85bil.

“Negotiations are ongoing to finalise the terms of the new contract, while the project is being redesigned based on the revised specifications. Construction is anticipated to resume in the second half of 2019,” it said.

The company said water meter orders continue to be strong. The group recently won the Public Utilities Board of Singapore’s (PUB) tender to deliver 110,000 meters over six months beginning February 2019. This was the fourth consecutive win by George Kent to supply water meters to PUB since 2012.

Geroge Kent continues to export its meters to over 40 countries around the world. It said that its strong order book would provide earnings visibility over the next few years. The group is 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 established network with international rail specialists bolsters its standing for projects requiring international collaborations through joint ventures or other forms of strategic alliances.

I hope in future Gkent and MRCB could get KL to Singapore railway projects.

Got more than 15K in dividend next month, but still losing. Average above 1.28

https://www.investing.com/indices/indices-futures

Dow future - very green - 3 pm

RM1.00 soon

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6010997

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6011001

Estimate 2018 Dividend % = 7 to 8 % based on current price
Better than Fixed Deposit and EPF

profit reduce 8% but share price drop a few hundred %
Over sold

naruko......why are you so negative. If you don't like, sell lah.

LRT3 still got 5 years to go.
The Group’s strong order book will provide earnings visibility over the next few years. The Group is 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 established network with international rail specialists bolsters its standing for projects requiring international collaborations through joint ventures or other forms of strategic alliances.

This is a very good result consider during bad time.
Q3 profit = 22,554 millions
3 quarter profit = 66,669 millions
Dividend = 1.5 sen

Patrick13......Thanks.

3 quarter earning per share = 11.90 sen

Net assets per share attributable to ordinary equity holders of the parent ($$) = 0.8854

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6010997

Commentary on prospects

The results for the quarter under review continue to be credible, taking into account the nominal
contribution from LRT3 as the project is being renegotiated. Construction is expected to resume in the latter part of 2019.

The Group’s strong order book will provide earnings visibility over the next few years. The Group is 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 established network with international rail specialists bolsters its standing for projects requiring international collaborations through joint ventures or other forms of strategic alliances.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6010997

Result not bad, still making good profit during bad time

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6011001

Second Interim Single-tier dividend of 1.5 sen per ordinary share
EX-date 04 Jan 2019
Entitlement date 08 Jan 2019

Well got money for Chinese New Year.

https://www.investing.com/indices/indices-futures

Dow future green - 12.30 pm

Oversold

To all George Kent shareholders, we need good teamwork.

Oversold

https://www.cnbc.com/2018/12/18/cramer-says-stocks-oversold-after-markets-fell-to-a-new-low-for-2018.html

https://www.cnbc.com/2018/12/18/cramer-says-stocks-oversold-after-markets-fell-to-a-new-low-for-2018.html

Do not assume. Just wait for results. Maybe they are waiting for some announcement pending approval. They may announce together with results. Why they continue SBB if results is bad.

LRT3 until 2024, still got 5 years in construction sector. Still got hospital job waiting to tender. Still got water projects.

Another SBB, still no results. No team work.

Is there any Genuine buyer ?

Is there any Genuine buyer ?

Gkent 368 million Cash in Hand ?
Can a company with 368 million cash in hand going down to 50 sen ?