Institutional investors such as the Employees Provident Fund (EPF) have voiced their unhappiness with the remuneration received by loss-making Sapura Energy Bhd's president and group chief executive officer Tan Sri Shahril Shamsuddin, which totalled RM71.92 million for the financial year ended Jan 31, 2018 (FY18), according to the Minority Shareholder Watchdog Group (MSWG).

The amount is equivalent to 1.22% of the group's FY18 revenue of RM5.89 billion.

According to data from Annual Report 2018, Shahril, who owns a 17.44% stake in Sapura Energy, was paid a salary and related emoluments of RM7.24 million and he was also awarded with a RM55 million bonus, which was based on prior year's group performance and achievements, along with RM9.34 million in defined contribution plan and RM348,000 in various benefits-in-kind.

Shahril 的肯定，是因为在2017财年所带来集团的盈利贡献。

你们要成熟些去思考，在明年的AGM ,Shahril 肯定不会成功获得支持票因为在2018财年，集团亏损。

情况与我们买屋子一样，你向对方买rm300k, 签了合约，过账了，一切都成为定局。现在觉得自己买贵了rm50k, 请律师告property seller.

这是topglove的教训。

对方99%不会赔topglove。二，就是取消收购合约。Topglove back to normal.
Guys, pls think, once back to normal, how will topglove like, normal price rm5.00-6.00.

买卖合约在你情我原已经签了，现在才来说买贵了（多付rm7亿多）
控告不到对方因为这是Topglove的愚蠢，疏忽。怪不了对方。
好听一点说多付了rm7亿，不好听的就是亏了rm7亿。
对反没有逼topglove在不清醒情况之下签下合约。

Si muka pucat sold rm1.50+ , he also loss a lot of monies since he bought before GE14 and think BN will not loss in GE14.
Sell at rm1.50 , Mila pucat pun loss 55% of his capital.

Orang itu Muka Pucat dipercayai dah guna ID baharu.

Christopher's letter to MACC datang menghasil kepada gov PH finally.

大家不是很相信erkongseng (si muka pucat)的吗.

够白痴咯，RHB gave TP rm13.50.

股票是看公司未來發展預期，過去數字是一種參考。或有時股價之前太過虛高，基本面沒有變壞也會下跌。

以上这2句话，虽然读起来，很多人不认同，可以就是发生在我们现实生活里。

共勉之.

我不懂如何是好,如果是自己住在rm3.30 +++

一群慌羊?总好过很多投资者认为国政不会输掉GE14大选而大量购入GKENT rm3.80-4.00++ 来收，我们都是在最低买卖。（rm1.255-rm1.315）
SURE Have not enough monies to average down during Limit down price , cost stood rm3.30-rm3.50 or much higher than that.
(因大部分的钱都被压住，动弹不得）

当然, 业绩还是会美的，因为还有未完成工程嘛。
每天祈祷吧。
日后，未来有更多的水表工程，呼吁全世界每3个月得更换水表才行。

两中人:
1）每天面对paper, loss of monies。
2) 第二组人，买卖地很轻松自在。

其实，在大选之前卖完手上的股，已经是赢了自己，赢得全宠爱gkent的怀抱投资者。

选择当投资者VS 贸易者之间区别太大。

本人是因为Tun Ma 与希盟同在，所以以自己感觉去决定卖出所有与国政有关联的股。Tun Ma 在我们60年代时期受敬爱的首相。相比之下，in GE:13, Tun Ma 不与希盟同在。

Aku Amat Bersyukur Kepada Tuhan. Ramai yang antara kita pandai yang bermain saham terjerat dalam HARGA yang TINGGI, terutamanya counters yang mempunyai pertalian rapat dengan B.N. sektor Pembinaan Infrastructure.

Alhamdulillah.

https://www.theedgemarkets.com/article/malaysias-sarawak-state-government-leaves-barisan-nasional-statement

爱未来马来西亚人民而转发。

We huddle with CCCC and their PRC Government masters and work out the ways and means to brutally reduce the project cost and squeeze every ringgit of our money until everyone shed tears of austerity.

How to cut cost?

Go back to CCCC's original project costing. Verify and calculate the cost of work done -- the claimed 20% -- and come up with solutions to cut costs for the balance of the project.

It was reported . . . project owner Malaysia Rail Link Sdn Bhd (MRL) has been asked by the Council of Elders to come up with three alternatives to cut down the project cost plus best and worst case scenarios. I believe they have done so.

The government's decision must be driven by three tactical imperatives:-

1. Do not throw away RM22 billion to repay the loan in default and the punitive compensation package . . . only to end up with dozens of abandoned, rusting heavy duty railway engineering graveyards and dug-up roads and displaced neighborhoods and half-diverted rivers and contaminated wetlands that may later cost billions more ringgit we don't have to rectify and rehabilitate.

Key Driver: Avoid the THROW AWAY MONEY AND GET NOTHING trap

2. Do not throw more money by going forward with the Najib-era bizarre lopsided agreement heavily tinged with not so cunningly concealed 1MDB Bailout financial engineering sleigh of hand.

Key Driver: Avoid the THROW LOTS MORE MONEY AND GET SOMETHING trap

3. Vigorously renegotiate the contract on a G to G basis with the PRC government . . . in mutual cognizance of our regime change and financial realities faced by Malaysia today. I'm looking at a 30-40% haircut after the needless bells and whistles (not to mention Najib Gang kickbacks) are flung out the window.

Key Driver: Adopt the SPEND REASONABLE MONEY TO GET SOMETHING approach

My own crystal ball:-

The PRC government will be receptive to our concerns and amenable to a relook of the whole deal.

The last thing they need is a high profile abandonment of a showpiece jigsaw of their much touted Belt and Road Initiative or BRI.

The PRC will come to the negotiating table with forced smiles and may throw additional sweeteners to ensure business as usual.

You see, they are in a predicament as much as we are !

China's steel industry is suffering from acute over-capacity -- reportedly rolling out as much steel in a month as the US produce in a year -- and they need construction jobs, lots of jobs worldwide, preferably RAILWAY jobs to absorb the millions of tons of steel pouring out of their mills. Same thing with train-sets rolling off their factories and rail logistics technologies and trained workers . . . all in excess supply.

Hence, the ECRL was a Godsend to these Godless. They need the project . . . and will compromise.

So we will be negotiating from a position of reasonable strength. If we play our cards right.

Strength or not . . . on our side, we must still regard this task as nothing more than damage control, the proverbial making the best of a bad situation.

We must know what we want to the last granular detail including most importantly the financial parameters acceptable to our nation going forward.

Again, in it's brutal nutshell, the alternatives in Malaysia's hand boils down to the proverbial Hobson's Choice:-

1. Breach the contract; stop work; send CCCC packing to China; within three months pay RM22 billion in compensation and for loan drawndown; and spend billions more rectifying and rehabilitating dozens of abandoned, rusting heavy duty railway worksites along hundreds of kilometers of rainforests, hamlets, wetlands and densely populated Kota Bharu.

or

2. Renegotiate the contract way down to the barest spec -- remove all fluff -- and pay a reasonable sum on more favorable terms and with payments based on actual work done -- and in less than five years have a modern, functioning railway line at least from Gombak to Kota Bharu via Kuantan and Kuala Trengganu.

Perhaps in a matter of days or weeks, Tun's government will have to make a decision. It will be painful and costly either way.

The only guidance I can give as a private citizen is: seek the less painful of the two painful options and at least get something tangible at the end of the debt tunnel.

As for Najib and Gang and every despicable scum involved in framing this bizarre agreement . . . they have sabotaged our nation's economy and made us all bear the unnecessary costs for years and decades to come. In effect they have waged war against our Motherland . . . against the Rakyat . . . and should be charged with treason.

- KijangMas Perkasa -

The ECRL was initially touted as a 688km high-speed passenger railway and not-so-high-speed cargo rail stretching from Port Klang to Kuantan Port and onwards to Pengkalan Kubor at the Kelantan-Thai border plus spurs to smaller ports and industrial zones in coastal Pahang and Trengganu. The slick project video spiel claimed this will create end-to-end high-speed rail connectivity from the Klang Valley to the whole East Coast . . . and the Najib Gang repeatedly highlighted the much-touted Kuantan Port-Port Klang rail corridor that will trans-ship on land millions of tons of shipping cargo to bypass Singapore Port.

Now the reality . . .

As of today, only Phase 1 of the ECRL will be built at a cost of RM55 billion . . . stretching from Gombak to Tunjong in Kota Bharu. The Gombak to Port Klang extension (part of Phase 2) that will make the Kuantan Port-Port Klang "gamechanger fairytale" a reality will cost an additional RM11 billion.

That's RM66 billion.

And the link from Tunjong across the wide, mighty Kelantan River to Wakaf Baru (to interchange with KTM's Gemas-Tumpat East Coast Line) and onwards to Pengkalan Kubor will cost billions more.

When the dust settles . . . add in deferred interest, variation orders, cost overruns, unforeseen garnishments and greasing . . . etc. etc. . . . and we are staring at RM80-90 billion easy.

Let's tackle the other reality . . . the borrowed money.

As of today, CCCC claimed the ECRL is 20% completed and work is ahead of schedule. And as mentioned, RM13 billion of the Exim Bank loan has been drawndown.

Do you think RM13 billion worth of work -- almost three Penang second bridges or two KLIAs -- are manifested on the ground?

No. Not RM13 billion worth of construction works, even taking into account payments to various CONsultants and preliminary costs.

So what happened to the bulk of that RM13 billion now payable by us all?

Try to imagine a mountain of new IOUs with 1MDB written all over it. And like I said . . . the bulk of this money may still be "floating" in deep space and/or salted away by the penyamuns.

So what has actually been built on the ground, the 20% of work done as reported?

Well, since I was frolicking in the East Coast this past month, I took the opportunity to do my own inspection of the ECRL project.

Visited ECRL construction sites in the rural boondocks and got myself briefed by the relevant project staffers and discussed the project at length with officials of the land and district offices and regional development agencies traversed by the route and the federal JKPTG in charge of land acquisition.

How I managed to do that?

Well, I guess I've got a purdy face and many folks would merrily unlock gates and open doors and such.

Now, what did I see with my own eyes?

Work . . . substantial work already done on the ground.

And these are heavy duty engineering stuff.

Site preparations for the 16.3km twin-bore Genting Tunnel and three tunnels in Trengganu are completed and awaiting arrival of the Tunnel Boring Machines (TBMs). In Kelantan, the Tunjong Main Base Camp is completed and operational with hundreds of staffers -- local and PRC nationals -- busily working 24/7. Same in the Kg. Raja, Besut Base Camp.

In Bachok, substantial groundworks have been completed . . . including the huge Base Camp near the UMK Main Campus and miles of construction spur roads on freshly built solid rock bunds over the formidable Paya Gelam wetlands.
Now . . .
Can we or should we stop ECRL . . . a project from my observation that is already full steam ahead?

Let's first look at the cost of canning this unwieldy debt monster.

If we cancel it today . . . meaning the Malaysian government reneges on the agreement (since there is no escape clause) . . . the Exim Bank loan will automatically default and the RM13 billion drawndown is recalled and repayable within three months as the seven year loan repayment grace period is nullified the moment we unilaterally "breach" the agreement and stop the project.

The compensation package and penalties for various contract breaches -- including payment already made to suppliers, dismantling costs, the RM13 billion loan drawndown, interest charges and committed orders for supplies and services -- is reportedly RM22 billion.

Let me repeat . . . RM22 billion.

Down the drain.

So what are our options?

We can either stop the project cold . . . and go find RM22 billion within three months to repay the loan drawn and contractual penalties . . . and get nothing but abandoned tunnels and construction roads and rotting site buildings and rusting equipment, steel bars and pipes and thousands of unemployed local engineers and workers and hundreds of stranded periphery businesses including local cement, sand, rock and building material suppliers . . .

OR

纯粹分享给爱自己国家的人民。

ECRL

If you think the HSR Agreement with Singapore is unwieldy, lopsided and costly to cancel . . . you ain't seen nothin' yet.

The HSR is nothing compared to the biggest abomination of them all . . . the East Coast Rail Link !

How can we get out of this mess?

Read on.

First, a little bit of history.

Let's revisit the internal documents of the contractor, state-owned China Communication Construction Co Ltd (CCCC), leaked by SR a couple of years ago. That was before the ECRL was announced and the contract hastily signed by the Najib Gang with most Treasury officials and the rest of the nation in the dark.

Now . . . according to SR's exposé, CCCC's own original costing for the whole project was RM27 billion. The company then added a margin of RM2.73 billion . . . bringing the total cost to RM29.73 billion.

But when the Najib Penyamun Bandwagon got to the negotiating table, the price shot up to RM55 billion. And that's only for Phase 1 . . . the stretch from Gombak to Tunjong, Kota Bharu. The Export and Import Bank of China (Exim) signed on to provide a "soft loan" of 85% of project cost.

Why the loading of over RM25 billion?

No need to be a rocket scientist to figure that out.

You see, the Najib Gang needed to quickly raise funds to pay down the 1MDB debt monster . . . plus their usual fleecing to buy loyalty and support of the coterie of penyangaks, penyamuns and hangers-on.

Detailed investigations by Tun's Malaysia Baru government may lead to the final, definitive trail of deceit and trickery . . . but SR and The Edge have published enough leads in the public domain for us to infer a strong 1MDB-flavored scam in this debt-ridden misadventure.

Now . . . via a nominee company or companies, CCCC was supposed to take over some of 1MDB’s assets and liabilities. This is to be funded by ECRL's loan from Exim Bank ostensibly for railway construction works. To siphon the borrowed money, Exim Bank pays CCCC on a time-based scheduled payment basis and NOT based on verification of actual work done on site.

This is what Tun meant when he said the ECRL Contract is strange.

I call it bizarre !

Now . . . which 1MDB assets and liabilities?

We all know by now, most of these 1MDB holdings are pseudo-assets not worth the paper they are printed on. But the huge debt and liabilities are real.

These cocktail of assets and pseudo-assets reportedly include 1MDB's squatter-ridden land in Ayer Itam, Penang purportedly valued at RM1.3 billion . . . and a 100% stake in Brazen Sky Ltd, which owns Brazen Sky fund "units just units" supposedly worth US$940 million (RM3.76 billion) . . . and US$1.56 billion (RM6.24 billion) of worthless 1MDB Global Investment Ltd fund units . . . and a 100% stake in 1MDB Energy Holdings Ltd., which would facilitate 1MDB's offloading of US$3.5 billion of bonds issued by 1MDB Energy Ltd (1MEL) and 1MDB Energy Langat Ltd (1MELL) to the nominee company or companies.

Part of ECRL's "soft loan" for high-speed rail construction from Exim Bank would also be used to service the energy bonds' seven-year interest expenses of US$1.28 billion for 2016-2022 . . . and by 2022 the CCCC nominee company would redeem the two bonds from the residual drawdown of the Exim Bank loan. This energy bonds servicing and redemption saga alone would cost US$4.78 billion or RM19.12 billion.

As if that's not enough, CCCC nominee company or companies reportedly will use part of ECRL's Exim Bank loan to acquire two companies linked to Jho Low . . . Putrajaya Perdana Bhd and Loh & Loh Corp Bhd. -- reportedly a 90% stake in Loh & Loh Corp for US$244 million and a 70% stake in Putrajaya Perdana for US$71 million. That's another US$315 million or RM1.26 billion to be drawndown from the ECRL construction loan.

Did these transactions camouflaged by the ECRL project happened?

Not all. Maybe none consummated before the Najib Gang's spectacular fall in PRU14. In any case, the Exim Bank loan for Phase 1 would not be sufficient to underwrite the scam AND build a high-speed railway line.

We will know the full extent once ongoing investigations are made public.

This is what we know thus far:-

Per media reports, RM13 billion has been drawndown from the Exim Bank loan.

Imagine . . . RM13 billion . . . and I'm sure at least 80% of that hutang which we all will ultimately pay was originally tied to some form of 1MDB debt settlement gymnastics . . . and those billions may still be "floating" somewhere in light of events post-PRU14.

Let's further dissect this Debt Beast gifted by the Najib Gang to us all . . .

归还5%油税已经是很多钱了的，更何况是超过5% ！

Foresee today rm4.20-4.25.

Bought rm4.04 .
PRICE TARGET RM5.60 with PAKATAN HARAPAN NEW CEO.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5816525

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5816533

EPF and AMANAH SAHAM BUMIPUTRA ACQUIRED HUGE TM SHARES !!!!

"那么悲观就不要投资咯！"

赠送你一句就好:" 何必当初呢。

Aku pun nak tengok rupa sebenar SI MUKA PUCAT ni.

CMSB havent yet open fail by MACC, harga menjunam dari rm3.80 kepada rm2.39 ( lowest rm1.74)

Tunggu dan Lihat

PUCHONG: George Kent (M) Bhd, whose share price has slumped 67% since the general election, this morning received shareholders' nod for its share buyback exercise of up to 10% of its share capital.

The company was quick to get approval for the share buyback plan at an EGM today instead of waiting for its AGM on July 9.

However, George Kent declined to meet the press after the meeting.

Si Muka Pucat loss 至少58%.
你们去看回去9.5.2018 之前的i3就会明白。

几位对公司负面的投诉者，公司基本面有在，不会受你们的乱说而股价下趺，短期投资者与一些无知才受影响，任何的投资对自己负责就好，这里只是探讨事实，不须扭曲，而要还原真象。市场先生永远会反应的，小股民只是買入与等。丰衣足食。
大选前rm3.90个个敢買。
大选后rm1.28没有信心買。
想不通:
1)改朝換代，谁当家都会营造良好经商环境，只要公司有实力与经验再获新订单不是问题。
2)基本面没改变，手中订单依然在，被暫取消的hsr，mrt3都不是订单内的项目。
3)4.6亿现金随时可收购潜力业务。
4)公司股票回购10%将支持股价。
5)rm1.28 大折扣。
03/06/2018 07:40
轨道工程与成本首选为中国。大马己合作也是中国。一站式提供资金与技术。
charles:为何要去猜别人的进入价，我只是小戶，不如去猜猜股价会上或下更好。如果我说2015年己rm1.50買入，现在还是全部免费的，你相信吗？因此知道与否是没什么意义的。
03/06/2018 10:43
哈哈，你很用心，喜欢你，负面资讯己把股价从rm3.90丢至rm1.12 ,你想还会更低吗？况且我不喜评论公司负面的，既然有信心買入就看多正面。


POSTED BY erkongseng 余光成 （接票avg price脸青青）

MCA 有张胜闻=“我包赢”

GEORGE KENT这里有余光成（erkongseng）=脸青青SI MUKA PUCAT

KLCI KING
LRT 3

RM4.5Bil x 6% = RM270mil(6%是以税后盈利计算)

RM270mil / 5 years = RM54mil

http://www.sharetisfy.com/2016/01/gkent-3204-gkent.html

看清楚吧，不想和你多讲了，最后问你有買gkent吗?没買走啦,说废话连篇.
01/06/2018 11:24
公司cash 4.6亿随时可收购新的业务,况且谁保证公司无法取得新的订单?
01/06/2018 11:33
20/3/2018
報纸刊登的资料，並非我不老实，看看吧:
乔治肯特主席丹斯里陈溪福，通过文告表示，公司再一次创下新纪录，录得6.17亿令吉的营业额、1.6亿的税前盈利和1.24亿令吉的净利。
“这是乔治肯特前所未有的净利记录，归功于旗下均有改善的业务，包括铁路项目、水务基建项目、统筹承包医院项目和水表供应。”
他续称，公司的资产负债表仍是净现金状况，强劲的订单高达56亿令吉，能继续为未来提供清晰的净利能见度，因公司不断在本地和区域寻求机会。
感动提醒，那你卖给我1.00好了，祝你好运。
02/06/2018 10:51

hsr (暂取消)，mrt3(暫取消)，ecrl(还未擱致或取消)，这三个项目並未列入公司订单内，有无成行对公司没影响，4/6/2018的股大后，股票回购下就会见到稳定的股价回升，短期负面消息影响已完了。
gkent 的订单56亿中含概mrt2，lrt3 ，医院建设，水表业务等。往好想是gkent未来还有望取得订单，而不是只往负面想，投资不是这样吗？低買高卖，只是分享。无须追踪。
Hsr (provisional cancellation), mrt3 (provisional cancellation), ecrl (has not been revoked or canceled), these three items have not been included in the company's order, whether the presence of the company has no effect, 4/6/2018 shares After the stock repurchase, it will see a steady rise in stock prices, and the impact of short-term negative news is over.
GKent's order of 5.6 billion includes mrt2, lrt3, hospital construction, and water metering services. Do you think that gkent is still looking for orders in the future, not just thinking negatively? Isn't investment like this? Buy low and sell high, just share. No need to trace.
02/06/2018 14:30
1）GKENT身为半个PDP可以拿RM9b的50%，
而盈利则是RM9b*50%*6%= RM270m，
注明：以上为夜月大大的计算，他是合格的金融系畢业。
http://moonitez89.blogspot.com/2018/05/gkent.html

2）20/3/2018
報纸刊登的资料，並非我不老实，看看吧:
乔治肯特主席丹斯里陈溪福，通过文告表示，公司再一次创下新纪录，录得6.17亿令吉的营业额、1.6亿的税前盈利和1.24亿令吉的净利。
“这是乔治肯特前所未有的净利记录，归功于旗下均有改善的业务，包括铁路项目、水务基建项目、统筹承包医院项目和水表供应。”
他续称，公司的资产负债表仍是净现金状况，强劲的订单高达56亿令吉，能继续为未来提供清晰的净利能见度，因公司不断在本地和区域寻求机会。

http://www.investalks.com/forum/forum.php?mod=viewthread&tid=19353...

3）a)个人简单计算:
订单56亿约6%赚副为3.36亿
3.36亿/563m股数=每股59仙净利
订单佔大多数的LRT3(45亿)于2020年完工。
因此尚有2年时间收入，每年为59仙/2=29.5仙
水表业务每年取2000万净利计，每股净利为3.5仙
总共下来每年的每股净利(eps)为29.5+3.5=33仙
取pe=8倍，股价=RM2.64

b)另一个计算:
过去3年平均赚副为9.9+16.9+20.2=46.4
46.4/3=15.46
年营业额约6亿,净赚92.8M
92.8M/563M股数=每股净利(eps)为16.4仙
PE=12,股价=RM1.96
订单佔大多数的LRT3(45亿)于2020年完工。
因此尚有2年时间收入.公司cash 4.6亿随时可收购新的业务,况且谁保证公司无法取得新的订单?
hsr (暂取消)，mrt3(暫取消)，ecrl(还未擱致或取消)，这三个项目並未列入公司订单内，有无成行对公司没影响，4/6/2018的股大后，股票回购下就会见到稳定的股价回升，短期负面消息影响已完了。
gkent 的订单56亿中含概mrt2，lrt3 ，医院建设，水表业务等。往好想是gkent未来还有望取得订单，而不是只往负面想，投资不是这样吗？低買高卖，只是分享。无须追踪。
只供参考，買卖自负.
02/06/2018 20:08
不管轻轨，捷运，高鉄建设与营运大部分都是亏钱的，当国家经济发展到一个程度时，这是国家基础建设之一，全球许多国家都是亏钱的，包括台湾，中国这些高载客量区，中国只有京沪线是赚钱的，这些建设国家要背负营运的，它会带来许多好处：出行方便，载客量高，更安全，促进旅游业，提高农业效益等
02/06/2018 20:21

a)个人简单计算:
订单56亿约6%赚副为3.36亿
3.36亿/563m股数=每股59仙净利
订单佔大多数的LRT3(45亿)于2020年完工。
因此尚有2年时间收入，每年为59仙/2=29.5仙
水表业务每年取2000万净利计，每股净利为3.5仙
总共下来每年的每股净利(eps)为29.5+3.5=33仙
取pe=8倍，股价=RM2.64

b)另一个计算:
过去3年平均赚副为9.9+16.9+20.2=46.4
46.4/3=15.46
年营业额约6亿,净赚92.8M
92.8M/563M股数=每股净利(eps)为16.4仙
PE=12,股价=RM1.96
订单佔大多数的LRT3(45亿)于2020年完工。
因此尚有2年时间收入.
只供参考，買卖自负.
a) Individual simple calculation:
Orders of 5.6 billion 6% earned deputy 336 million
336 million/563m shares = 59 sen net profit per share
The majority of LRT3 orders (4.5 billion) will be completed in 2020.
Therefore, there is still 2 years of income, which is 59 sen/2 = 29.5 sen per year.
Water meter business takes 20 million net profit per year, with a net profit of 3.5 cents per share
Total annual net profit per share (eps) is 29.5+3.5=33 cents
Take pe=8 times, stock price=RM2.64

b) Another calculation:
The average earnings for the past three years is 9.9+16.9+20.2=46.4
46.4/3=15.46
Annual turnover of about 600 million, net profit 92.8M
92.8M/563M shares = Net profit per share (eps) is 16.4 cents
PE=12, stock price=RM1.96
The majority of LRT3 orders (4.5 billion) will be completed in 2020.
Therefore, there are still 2 years income.
For reference only, trading at your own expense.
01/06/2018 10:48

ph 也不是没理性,打压一间健全公司过大而造成项目停顿不是好事,lrt3的项目己进行中,反应会確保它完成有利民生,公司赚钱然后可以还银行,一切正常营运,gkent30大股东很多是投行基金,他们也会见便宜而買入.
Ph is not irrational, it is not a good thing to suppress a sound company oversized and cause project suspension. The lrt3 project has been in progress. The response will ensure that it will be beneficial to the people's livelihood. The company will make money and then it will return the bank. All normal operations, many gkent30 shareholders It is an investment bank fund. They will also buy it cheaply.
01/06/2018 09:33

LRT3中45亿订单净赚6%=336m
别把336m混为订单來算。

LRT3 4.5 billion order net profit 6% = 336m
Don't count 336m as an order.

通常老板会有许多个不同戶囗，包括親属等，有无買进我不知，買股看事实，市场将呈现出真象。
已能確認的風險，就是沒風險:股价己反应。（買入）
眾人皆曰沒風險，就是有風險：股价己反应。（卖出）
01/06/2018 09:18

http://oldfriendsinvesting.blogspot.my/2018/05/gkent-valuation-19-may-...
感谢以上大大的专业功课。感恩。
Posted by erkongseng > May 23, 2018 07:46 PM | Report Abuse
【独家】变天致2股暴跌引反思 卖空是双刃剑
http://www.mynewsapp.net/story.php?story=QdM9YmhE1V
Posted by erkongseng > May 24, 2018 05:16 AM | Report Abuse
http://kongsenger.blogspot.sg/2018/05/gkent-3204.html?m=0
Posted by erkongseng > May 24, 2018 10:25 AM | Report Abuse
哈哈哈哈！我的投资有人邦我算，谢谢你，1.94 /1.64 / 1.50 /1.35買入，怕我就不來了。
Posted by erkongseng > May 24, 2018 10:51 AM | Report Abuse
gkent这种可以卖空股，当回升时也是飞速的，至今並没任何的工程停止，只是股友自己恐怕，要卖要丢也差不多了，長线者可以进了，rm1.43
Posted by erkongseng > May 24, 2018 12:47 PM |
01/06/2018 06:02

如果用25% margin of safety = 2.41
今天18/5/2018 股价是1.58
太多零，弄到我头晕。帮忙看看有没有算错。。。。。
其他因素：
1）water metering 市场老大.
2) selangor, penang, johor, negeri sembilan之前也和gkent买水表. 尤其是selangor penang, 应该跟希联政府关系不错下. 而且其他的也被希联拿下了......
3）Singapore, Hongkong 这些出名清廉的国家也有跟gkent买水表
4）gkent 手头的订单，应该会继续...看不到会被取消的理由...就算取消也有赔償...margin可能会減少，但问题不大，因为＂中间人费用“也会減少...
5）老板是生意人. 也会想办法和现任政府打好关系的....
6）gkent和德国Siemens有joint venture. 工程技术没问题。这些技术也难被其他本地公司取代.
7）除了MRT3, 也有其他工程合法，example： 建医院. 这个希联政府不会取消的...
8）大选前，老马一直唱巫统把国家卖给中国. 所以估计如果有新的政府工程合约应该会给本地公司..那gkent会比以前更加容易拿到工程.....
9）gkent share buy back 10%. EPS 立即增加10%.
10）老板，董事估了大部分的股权. 某blog说是80%. 所以市场留通的较少. 估计现在抛货的大多是散户.只要老板不大量抛售，应该不会跌到那里去...

Disclaimers: This is for educational purposes. This is not a buy/sell/hold call. Trade at your own risk.

BEFORE GE-14, HONGLEONG GAVE TP RM5.60

"乔治肯特人脉强大
乔治肯特某个程度上显示公司拥有非常好人脉支撑，使旗下新建筑业务在政府一些大型基建，特别是铁道工程领域都可攫得一些合约。

乔治肯特主要业务为制造及销售水表，惟近年多元至建筑相关领域后取得亮丽表现。

该公司最新的企业动作，就是它与MMC金务大合作的联营公司——MMC金务大-乔治肯特联营公司（股权分别为45%/45%/10%），参与竞标巴生河流域捷运地下铁第三线路计划，价值达450亿令吉（料在今年中宣布竞争结果）。

刘礼誉表示，目前该公司的工程订单达55亿令吉。若获得上述最新合约将有望倍增。

该公司潜在竞标的工程计划，包括隆新高铁、新加坡捷运工程、医院工程计划（约5亿令吉）、东海岸衔接铁道计划（约10亿令吉）及水务相关工程合约等。"

Ans: SEMUA MENJAGI SEJARAH BAGI GKENT.

https://www.channel8news.sg/news8/world/20180526-wld-msia-east-coast-r...
Posted by erkongseng > May 27, 2018 03:56 PM | Report Abuse
东鉄己完成19%工程建造了，99%是继续下去的，我国会参与一帶一路的双嬴，mrt3更是连续mrt1.mrt2的路线，也有利国家整体经济发展。
Posted by erkongseng > May 28, 2018 08:47 AM | Report Abuse
https://m.facebook.com/story.php?story_fbid=2016154765300125&id=15...
Posted by erkongseng > May 30, 2018 10:00 AM | Report Abuse
https://youtu.be/-mE35nVz2WM

Posted by erkongseng > May 30, 2018 10:23 AM | Report Abuse
kaq:thanks

Posted by erkongseng > May 30, 2018 11:11 AM | Report Abuse
ok,sell other stocks to all in gkent
Posted by erkongseng > May 30, 2018 12:05 PM | Report Abuse
muda i sell rm2.73

Posted by erkongseng > May 30, 2018 02:39 PM | Report Abuse
buy more rm1.19
Posted by erkongseng > May 30, 2018 02:41 PM | Report Abuse
https://malaysia.ihouse.ifeng.com/detail/2018_01_24/51364210_0.shtml
个人看法: 都说了睡觉的始终不醒，像lrt3.mrt3这些项目一定会继续完工的，这对gkent的收益没影响，至于ecrl,hsr 並未列入公司订单内，有无成行对公司没影响，4-6-2018的股大后，股票回购下就会见到稳定的股价回升，短期负面消息影响已完了。
gkent 的订单56亿中含概mrt2.lrt3 ，並无包含mrt3的项目，以上只是说明计划会完工的。往好想是gkent未来还有望取得订单，而不是只往负面想，投资不是这样吗？低買高卖，只是分享。无须追踪。
George Kent RM5.6 billion contract on hand including:
RM4.5 billion - LRT3
RM494 million - MRT2
RM642 million - Hospital in Putrajaya and Selangor

They din get the HSR and ECRL contract as at todate.
Posted by erkongseng > May 30, 2018 04:00 PM | Report Abuse
buy in rm1.17
Posted by erkongseng > May 30, 2018 05:53 PM | Report Abuse
56亿订单未释放出资本。水表业务照常。1.13超级便宜，卖地，卖车，卖屋。再買。

http://oldfriendsinvesting.blogspot.my/2018/05/gkent-valuation-19-may-...
感谢以上大大的专业功课。感恩。
Posted by erkongseng > May 23, 2018 07:46 PM | Report Abuse
【独家】变天致2股暴跌引反思 卖空是双刃剑
http://www.mynewsapp.net/story.php?story=QdM9YmhE1V
Posted by erkongseng > May 24, 2018 05:16 AM | Report Abuse
http://kongsenger.blogspot.sg/2018/05/gkent-3204.html?m=0
Posted by erkongseng > May 24, 2018 10:25 AM | Report Abuse
哈哈哈哈！我的投资有人邦我算，谢谢你，1.94 /1.64 / 1.50 /1.35買入，怕我就不來了。
Posted by erkongseng > May 24, 2018 10:51 AM | Report Abuse
gkent这种可以卖空股，当回升时也是飞速的，至今並没任何的工程停止，只是股友自己恐怕，要卖要丢也差不多了，長线者可以进了，rm1.43
Posted by erkongseng > May 24, 2018 12:47 PM | Report Abuse
chri----
投资亏胜自己负责，如你要跟风别怪他人，我不知什么时候给你说我陷害了，对你说声抱歉。努力学习吧。
Posted by erkongseng > May 24, 2018 03:29 PM | Report Abuse
chris--
股市每天进出的人太多了，为何你那么確定我赢了你的钱，哈哈哈，你真幼稚呀！自己检测吧，别把一切怪罪他人，好好反省吧。
Posted by erkongseng > May 24, 2018 04:52 PM | Report Abuse
哈哈哈，一个连原名字都不敢放的投资者，本身应也没什么诚信，你我不曾相识，无须和你计较太多，投资向来是很个人的，无须给他人套上悪名，祝你順利。
Posted by erkongseng > May 25, 2018 07:04 AM | Report Abuse
RM1.41
The happy future has seen.
Posted by erkongseng > May 25, 2018 09:10 AM | Report Abuse
3204己大跌过了，可短期进一些，1.41吸引人，因18.19年公司净利保证。
Posted by erkongseng > May 25, 2018 10:42 AM | Report Abuse
kaq 哈哈哈，投资有得也有失，何必太执着，放鬆心情才会体验到生活上的乐趣。
Posted by erkongseng > May 25, 2018 12:35 PM | Report Abuse
Kaq Hahaha, investment is profit and also a loss, why not be too persistent, relax and experience the joy of life.
Posted by erkongseng > May 25, 2018 02:18 PM | Report Abuse
18.19.20年的净利都还没进帳，是没有那么快回到纯水表业务的净利，谁能保证说gkent不能取得新订单，買入与守为良策，人棄我取RM1.41
Posted by erkongseng > May 25, 2018 04:03 PM | Report Abuse
hahaha, small case la
Posted by erkongseng > May 25, 2018 09:57 PM | Report Abuse
没错，大部分为驚慌的散戶于这段期间出售股份。買进股价回升时。
Posted by erkongseng > May 27, 2018 09:30 AM | Report Abuse
https://malaysia.ihouse.ifeng.com/detail/2018_01_24/51364210_0.shtml
gkent 的订单56亿中含概mrt2.lrt3 ，並无包含mrt3的项目，以上只是说明计划会完工的。往好想是gkent未来还有望取得订单，而不是只往负面想，投资不是这样吗？低買高卖，只是分享。无须追踪。
Posted by erkongseng > May 27, 2018 09:50 AM | Report Abuse

同学们，我们又要上历史课了。
今天的题目是《GKENT与SI MUKAPUCAT》

3204 GKENT RM1.94 買入，52周最低了。
http://klse.i3investor.com/blogs/hleresearch/156914.jsp
http://klse.i3investor.com/blogs/kianweiaritcles/156875.jsp
http://klse.i3investor.com/blogs/kianweiaritcles/156500.jsp
Erkongseng.
该公司最新的企业动作，就是它与MMC金务大合作的联营公司——MMC金务大-乔治肯特联营公司（股权分别为45%/45%/10%）
gamuda股价昨天跌至rm4.19后己回升至今天的rm4.50 .gkent相信很快就可回升了。
机会買入。
好消息:
1，公司将買回股数10%的股票。

1，该公司最新的企业动作，就是它与MMC金务大合作的联营公司——MMC金务大-乔治肯特联营公司（股权分别为45%/45%/10%）
gamuda股价昨天跌至rm4.19后己回升至今天的rm4.50 .gkent相信很快就可回升了。
3，ecrl 项目将照跑:
https://www.theedgemarkets.com/article/business-usual-ecrl
4，乔治肯特主要业务为制造及销售水表，惟近年多元至建筑相关领域后取得亮丽表现。
该公司最新的企业动作，就是它与MMC金务大合作的联营公司——MMC金务大-乔治肯特联营公司（股权分别为45%/45%/10%），参与竞标巴生河流域捷运地下铁第三线路计划，价值达450亿令吉（料在今年中宣布竞争结果）。
刘礼誉表示，目前该公司的工程订单达55亿令吉。若获得上述最新合约将有望倍增。
该公司潜在竞标的工程计划，包括隆新高铁、新加坡捷运工程、医院工程计划（约5亿令吉）、东海岸衔接铁道计划（约10亿令吉）及水务相关工程合约等。
取自http://klse.i3investor.com/blogs/sinchew_company_story/154081.jsp
Posted by erkongseng > May 20, 2018 03:34 PM | Report Abuse

转贴:
GKENT Valuation 简单估值 @ 19 May 2018
GKENT
简单估值
根据AR 2017:

GKENT 有
订单 order in book 5.6 billions 5,600,000,000
Equity 资本有 475,815,000 = 每股资本 = 0.84
Ordinary shares 股数有 563,269,000
2017 的Revenue 是 598,965,000. 也就是说order 比 yearly revenue 多九倍......
2017 净利率是 23%
算下5.6 billion 订单 可以赚多少钱 5,600,000,000 ×23% ÷ 563269000 = 每股盈利= 2.37
算算: 0.84 + 2.37 = 3.21
如果用25% margin of safety = 2.41
今天18/5/2018 股价是1.58
太多零，弄到我头晕。帮忙看看有没有算错。。。。。
其他因素：
1）water metering 市场老大.
2) selangor, penang, johor, negeri sembilan之前也和gkent买水表. 尤其是selangor penang, 应该跟希联政府关系不错下. 而且其他的也被希联拿下了......
3）Singapore, Hongkong 这些出名清廉的国家也有跟gkent买水表
4）gkent 手头的订单，应该会继续...看不到会被取消的理由...就算取消也有赔償...margin可能会減少，但问题不大，因为＂中间人费用“也会減少...
5）老板是生意人. 也会想办法和现任政府打好关系的....
6）gkent和德国Siemens有joint venture. 工程技术没问题。这些技术也难被其他本地公司取代.
7）除了MRT3, 也有其他工程合法，example： 建医院. 这个希联政府不会取消的...
8）大选前，老马一直唱巫统把国家卖给中国. 所以估计如果有新的政府工程合约应该会给本地公司..那gkent会比以前更加容易拿到工程.....
9）gkent share buy back 10%. EPS 立即增加10%.
10）老板，董事估了大部分的股权. 某blog说是80%. 所以市场留通的较少. 估计现在抛货的大多是散户.只要老板不大量抛售，应该不会跌到那里去...

Disclaimers: This is for educational purposes. This is not a buy/sell/hold call. Trade at your own risk.

"Setandan pisang",总统套房很好住.

Scraping the HSR at this time when we just can't afford it : 

1) HIGH SPEED RAIL need to have 200,000 passengers per day; We don't even have 20% of it. Wait till we have enough tickets sale volume to build; meaning Malaysia need a population of perhaps 50 million people or close to that of Japan; and 
2) IN Sydney said even Sydney-Melbourne HSR was scrapped bcos there is just not enough tickets volume to justify the project as Australia too does not have the population to support this. 

HSR 绝对是一项亏钱的mega infrastructure project, 那你认为ECRL 每天是否有200,000 passengers 呢. 10% 都不会有。

10% also DUN HAVE.

Scraping the HSR at this time when we just can't afford it : 

1) HIGH SPEED RAIL need to have 200,000 passengers per day; We don't even have 20% of it. Wait till we have enough tickets sale volume to build; meaning Malaysia need a population of perhaps 50 million people or close to that of Japan; and 
2) IN Sydney said even Sydney-Melbourne HSR was scrapped bcos there is just not enough tickets volume to justify the project as Australia too does not have the population to support this. 

HSR 绝对是一项亏钱的mega infrastructure project, 那你认为ECRL 每天是否有200,000 passengers 呢.

Scraping the HSR at this time when we just can't afford it :

1) HIGH SPEED RAIL need to have 200,000 passengers per day; We don't even have 20% of it. Wait till we have enough tickets sale volume to build; meaning Malaysia need a population of perhaps 50 million people or close to that of Japan; and
2) IN Sydney said even Sydney-Melbourne HSR was scrapped bcos there is just not enough tickets volume to justify the project as Australia too does not have the population to support this.

ECRL , I DARE TO SAY THAT passengers per day VERY LOW, dun said 20%, 10% also DUN HAVE.

http://www.klsescreener.com/v2/news/view/387173

https://9shares.my/财政部＂红色档案＂解封後弊案一一见天日-林冠英/

GKENT.
1. Unqualified Mega rail infrastructure company.
2.suspected curruption case .(MACC closed fail of is of Najib's fren)
3. Mostly Order book in hand from NOT OPEN TENDER by NAJIB.
4. Currectly price too HIGH. Rm1.20 equally to 5X b4 bonus and share splited, RM6.00.( fair price ONLY RM2.00 ) Gkent worth rm0.40 nowadays.
5. AGM delay , management are afraid of current uncertainties of GKENT in future even though have large order book in NAJIB's Era.

George Kent RM5.6 billion contract on hand including:
RM4.5 billion - LRT3
RM494 million - MRT2
RM642 million - Hospital in Putrajaya and Selangor

They din get the HSR and ECRL contract as at todate.
Posted by erkongseng > May 30, 2018 04:00 PM | Report Abuse
buy in rm1.17
Posted by erkongseng > May 30, 2018 05:53 PM | Report Abuse
56亿订单未释放出资本。水表业务照常。1.13超级便宜，卖地，卖车，卖屋。再買。

Posted by SI MUKA PUCAT.

chri----
投资亏胜自己负责，如你要跟风别怪他人，我不知什么时候给你说我陷害了，对你说声抱歉。努力学习吧。
Posted by erkongseng > May 24, 2018 03:29 PM | Report Abuse
chris--
股市每天进出的人太多了，为何你那么確定我赢了你的钱，哈哈哈，你真幼稚呀！自己检测吧，别把一切怪罪他人，好好反省吧。
Posted by erkongseng > May 24, 2018 04:52 PM | Report Abuse
哈哈哈，一个连原名字都不敢放的投资者，本身应也没什么诚信，你我不曾相识，无须和你计较太多，投资向来是很个人的，无须给他人套上悪名，祝你順利。
Posted by erkongseng > May 25, 2018 07:04 AM | Report Abuse
RM1.41
The happy future has seen.
Posted by erkongseng > May 25, 2018 09:10 AM | Report Abuse
3204己大跌过了，可短期进一些，1.41吸引人，因18.19年公司净利保证。
Posted by erkongseng > May 25, 2018 10:42 AM | Report Abuse
kaq 哈哈哈，投资有得也有失，何必太执着，放鬆心情才会体验到生活上的乐趣。
Posted by erkongseng > May 25, 2018 12:35 PM | Report Abuse
Kaq Hahaha, investment is profit and also a loss, why not be too persistent, relax and experience the joy of life.
Posted by erkongseng > May 25, 2018 02:18 PM | Report Abuse
18.19.20年的净利都还没进帳，是没有那么快回到纯水表业务的净利，谁能保证说gkent不能取得新订单，買入与守为良策，人棄我取RM1.41
Posted by erkongseng > May 25, 2018 04:03 PM | Report Abuse
hahaha, small case la
Posted by erkongseng > May 25, 2018 09:57 PM | Report Abuse
没错，大部分为驚慌的散戶于这段期间出售股份。買进股价回升时。
Posted by erkongseng > May 27, 2018 09:30 AM | Report Abuse
30/05/2018 21:39

Calvinharris https://malaysia.ihouse.ifeng.com/detail/2018_01_24/51364210_0.shtml
gkent 的订单56亿中含概mrt2.lrt3 ，並无包含mrt3的项目，以上只是说明计划会完工的。往好想是gkent未来还有望取得订单，而不是只往负面想，投资不是这样吗？低買高卖，只是分享。无须追踪。
Posted by erkongseng > May 27, 2018 09:50 AM | Report Abuse
https://www.channel8news.sg/news8/world/20180526-wld-msia-east-coast-r...
Posted by erkongseng > May 27, 2018 03:56 PM | Report Abuse
东鉄己完成19%工程建造了，99%是继续下去的，我国会参与一帶一路的双嬴，mrt3更是连续mrt1.mrt2的路线，也有利国家整体经济发展。
Posted by erkongseng > May 28, 2018 08:47 AM | Report Abuse
https://m.facebook.com/story.php?story_fbid=2016154765300125&id=15...
Posted by erkongseng > May 30, 2018 10:00 AM | Report Abuse
https://youtu.be/-mE35nVz2WM

Posted by erkongseng > May 30, 2018 10:23 AM | Report Abuse
kaq:thanks

Posted by erkongseng > May 30, 2018 11:11 AM | Report Abuse
ok,sell other stocks to all in gkent
Posted by erkongseng > May 30, 2018 12:05 PM | Report Abuse
muda i sell rm2.73

Posted by erkongseng > May 30, 2018 02:39 PM | Report Abuse
buy more rm1.19
Posted by erkongseng > May 30, 2018 02:41 PM | Report Abuse
https://malaysia.ihouse.ifeng.com/detail/2018_01_24/51364210_0.shtml
个人看法: 都说了睡觉的始终不醒，像lrt3.mrt3这些项目一定会继续完工的，这对gkent的收益没影响，至于ecrl,hsr 並未列入公司订单内，有无成行对公司没影响，4-6-2018的股大后，股票回购下就会见到稳定的股价回升，短期负面消息影响已完了。
gkent 的订单56亿中含概mrt2.lrt3 ，並无包含mrt3的项目，以上只是说明计划会完工的。往好想是gkent未来还有望取得订单，而不是只往负面想，投资不是这样吗？低買高卖，只是分享。无须追踪。

如果用25% margin of safety = 2.41
今天18/5/2018 股价是1.58
太多零，弄到我头晕。帮忙看看有没有算错。。。。。
其他因素：
1）water metering 市场老大.
2) selangor, penang, johor, negeri sembilan之前也和gkent买水表. 尤其是selangor penang, 应该跟希联政府关系不错下. 而且其他的也被希联拿下了......
3）Singapore, Hongkong 这些出名清廉的国家也有跟gkent买水表
4）gkent 手头的订单，应该会继续...看不到会被取消的理由...就算取消也有赔償...margin可能会減少，但问题不大，因为＂中间人费用“也会減少...
5）老板是生意人. 也会想办法和现任政府打好关系的....
6）gkent和德国Siemens有joint venture. 工程技术没问题。这些技术也难被其他本地公司取代.
7）除了MRT3, 也有其他工程合法，example： 建医院. 这个希联政府不会取消的...
8）大选前，老马一直唱巫统把国家卖给中国. 所以估计如果有新的政府工程合约应该会给本地公司..那gkent会比以前更加容易拿到工程.....
9）gkent share buy back 10%. EPS 立即增加10%.
10）老板，董事估了大部分的股权. 某blog说是80%. 所以市场留通的较少. 估计现在抛货的大多是散户.只要老板不大量抛售，应该不会跌到那里去...

Disclaimers: This is for educational purposes. This is not a buy/sell/hold call. Trade at your own risk.

http://oldfriendsinvesting.blogspot.my/2018/05/gkent-valuation-19-may-...
感谢以上大大的专业功课。感恩。
Posted by erkongseng > May 23, 2018 07:46 PM | Report Abuse
【独家】变天致2股暴跌引反思 卖空是双刃剑
http://www.mynewsapp.net/story.php?story=QdM9YmhE1V
Posted by erkongseng > May 24, 2018 05:16 AM | Report Abuse
http://kongsenger.blogspot.sg/2018/05/gkent-3204.html?m=0
Posted by erkongseng > May 24, 2018 10:25 AM | Report Abuse
哈哈哈哈！我的投资有人邦我算，谢谢你，1.94 /1.64 / 1.50 /1.35買入，怕我就不來了。
Posted by erkongseng > May 24, 2018 10:51 AM | Report Abuse
gkent这种可以卖空股，当回升时也是飞速的，至今並没任何的工程停止，只是股友自己恐怕，要卖要丢也差不多了，長线者可以进了，rm1.43
Posted by erkongseng > May 24, 2018 12:47 PM |

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5812533
See You at 50-52 sen

RM2.00 UNTUK GKENT SEBELUM BONUS AND SHARE SPLITED, IAITU RM0.40.