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2018-06-12 14:50 | Report Abuse
@ mdmlyn
AGM already completed in March 2018.
Top price. I'm no God. Can't tell. Haha
2018-06-12 14:43 | Report Abuse
No volume and catalyst to push.
2018-06-12 14:40 | Report Abuse
Wow. The volume for 1st half is already so huge.
2018-06-11 14:22 | Report Abuse
@ yongch
Current market capitalisation is greater than RM10 billion.
It's a large cap stock.
Even if the share price drops to RM0.10, it's still a medium cap stock.
2018-06-11 14:19 | Report Abuse
These days analysts from IB are not reliable.
One give tp=1.90, the other tp=1.30.Earlier, some even give tp greater than RM2.
The tp given are so far apart.
2018-06-11 14:13 | Report Abuse
The share buy backs really helps.
2018-06-11 14:12 | Report Abuse
@ profitgrow
Yeah, not yet bloom. Soon.
2018-06-08 12:11 | Report Abuse
@ 120453
Currently, Gkent free float is 56% of total outstanding share of 560 million.
Thus, a 56 million share buy back is not sufficient.
2018-06-08 11:05 | Report Abuse
@ B4b4
The company government services are subject to contract renewal.
Especially now with new government, all existing services are at risk.
2018-06-08 10:18 | Report Abuse
Any news on the custom service tax monitoring?
It's been quiet since it was discussed back in 2015.
2018-06-08 10:11 | Report Abuse
The inclusion of Sabah PSC should help the company grow further.
The share price should reflect this in the next few quarters provided the crude oil remains above USD60 per barrel.
2018-06-08 09:54 | Report Abuse
@ ray1980
Until next AGM only (~1 month period)as mentioned in the notice.
In the AGM n 9/7/2018, the company will proposed to renew it again subject to shareholders approval.
2018-06-07 21:04 | Report Abuse
Proposed Renewal of Share Buy-Back Authority to the Company to Purchase Its Own
Shares of Up To Ten Per Cent (10%) of Its Total Number of Issued Shares
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http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=15006&name=EA_GM_ATTACHMENTS
2018-06-07 21:03 | Report Abuse
OTHERS GEORGE KENT (MALAYSIA) BERHAD ("THE COMPANY" OR "GEORGE KENT") - Proposed renewal of the authority for the Company to purchase its own shares of up to 10% of its total number of issued shares ("Proposed Renewal of Share Buy-Back Authority")
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http://www.bursamalaysia.com/market/listed-companies/company-announcements/5816841
2018-06-07 14:57 | Report Abuse
@ Dericlock
The terms of the contract is not published.
However, knowing that it's production sharing contract, you can safely factor in the 50%.
2018-06-07 14:30 | Report Abuse
@ Dericlock
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https://themalaysianreserve.com/2018/04/02/hibiscus-petroleum-acquired-50-stake-in-north-sabah-oilfields/
2018-06-07 11:44 | Report Abuse
Yup. Someone just unloaded.
2018-06-07 11:42 | Report Abuse
The personalised plate number will be exciting especially for those willing to pay more to have creative plate numbers.
2018-06-07 11:41 | Report Abuse
@ EweSweeKheng
Only RM1?
Can help push to RM3?
2018-06-07 10:31 | Report Abuse
The Proposed Rights Issue of Warrants involves the issuance of up to 278,164,186 Warrants on the basis of 1 Warrant for every 2 existing ordinary JRB Shares. The Warrants will be provisionally allotted and issued to the shareholders of JRB whose names appear in the Record of Depositors of the Company as at the close of business on the Entitlement Date (“Entitled Shareholder(s)”).
The exercise price of the Warrants will be determined and fixed by the Board after receipt of all relevant approvals but before announcement of the Entitlement Date after taking into consideration, amongst others, the following:-
(i) prevailing market conditions and the historical trading price of JRB Shares; and
(ii) an indicative discount of approximately 30% to the 5-day VWAMP of JRB Shares immediately preceding the price-fixing date.
For illustrative purposes, the indicative exercise price of RM1.00 represents a discount of approximately 32.43% to the 5-day VWAMP of JRB Shares up to and including the LPD of RM1.48. Further, as the exercise price of the Warrants is at a discount to the 5-day VWAMP of JRB Shares, this will result in a theoretical ex-rights price adjustment to RM1.40 per JRB Share.
2018-06-07 10:26 | Report Abuse
This new gov really scrapping most of the railway projects.
Now ERCL also going to be scrapped soon.
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ECRL may be deferred or terminated, says PM
ECRL may be deferred or terminated, says PM
PUTRAJAYA: The government may defer or terminate the controversial East Coast Rail Link (ECRL) which is still being studied, said Prime Minister Tun Dr Mahathir Mohamad.
2018-06-07 10:09 | Report Abuse
@ moneypedia
Foreign funds selling this counter??
2018-06-07 10:08 | Report Abuse
Slowly moving towards RM1.
It's been very "stable".
2018-06-07 10:06 | Report Abuse
Big capped stock is normally more expensive in valuation
2018-06-06 20:42 | Report Abuse
As expected, J@K$ require more funds for the power plant development.
I believe there will be more right issue in the next 1-2 years.
2018-06-06 10:07 | Report Abuse
Telco now is fierce competition and maybe heading towards razor thin margin to protect market share.
Thus, may have impact on the maintenance outsource to Binacom if Binacom demands the same margin for its services.
2018-06-06 09:53 | Report Abuse
Listed, then privatise.
Listed already, now privatise again?
2018-06-05 20:46 | Report Abuse
OTHERS GEORGE KENT (MALAYSIA) BERHAD ("THE COMPANY" OR "GEORGE KENT") - Proposed renewal of the authority for the Company to purchase its own shares of up to 10% of its total number of issued shares ("Proposed Renewal of Share Buy-Back Authority")
GEORGE KENT (MALAYSIA) BERHAD
Type Announcement
Subject OTHERS
Description GEORGE KENT (MALAYSIA) BERHAD ("THE COMPANY" OR "GEORGE KENT")
- Proposed renewal of the authority for the Company to purchase its own shares of up to 10% of its total number of issued shares ("Proposed Renewal of Share Buy-Back Authority")
As announced on 4 June 2018, at the Extraordinary General Meeting of the Company held on 4 June 2018, the mandate from shareholders was obtained for the authority to the Company to purchase its own shares of up to 10% of its total number of issued shares, such mandate to be valid until the next Annual General Meeting i.e. the Sixty-Seventh Annual General Meeting (“67th AGM”) of the Company to be held on 9 July 2018.
The Board of Directors (“the Board”) of George Kent wishes to announce that the Company proposes to obtain shareholders’ approval for the Proposed Renewal of Share Buy-Back Authority at the forthcoming 67th AGM of the Company.
A Statement to Shareholders in relation to the Proposed Renewal of Share Buy-Back Authority together with an Addendum to the Notice of 67th AGM for inclusion of an additional Ordinary Resolution pertaining to the Proposed Renewal of Share Buy-Back Authority and revised Form of Proxy will be distributed to shareholders on 8 June 2018.
This announcement is dated 5 June 2018.
2018-06-05 20:34 | Report Abuse
@ Halite
Yup. the JV portion for Ekovest is 30% (RM600mil)
2018-06-05 20:29 | Report Abuse
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS EKOVEST BERHAD (EKOVEST OR THE COMPANY) JOINT VENTURE AND SHAREHOLDERS AGREEMENT BETWEEN EKOVEST CONSTRUCTION SDN BHD AND SAMLING RESOURCES SDN BHD
EKOVEST BERHAD
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description EKOVEST BERHAD (EKOVEST OR THE COMPANY)
JOINT VENTURE AND SHAREHOLDERS AGREEMENT BETWEEN EKOVEST CONSTRUCTION SDN BHD AND SAMLING RESOURCES SDN BHD
(all definitions and terms used below shall be consistent with the announcement dated 6 January 2017)
We make reference to our announcement in relation to the above matter dated 6 January 2017.
The Board wish to announce that ECSB, our wholly owned subsidiary, had, on 4 June 2018, received a letter from SRSB informing that Lebuhraya Borneo Utara Sdn Bhd (“LBU”), the Project Delivery Partner for the Project, have not consented for the Project to be sub-contracted to the JV Company. As such, SRSB is claiming that the JV Company cannot carry out the Project and that the JVA is now void.
We are reserving our rights in relation to the above matter and are seeking advise and will take all necessary action as may be required.
Nonetheless, the above is not expected to have any material effect on the operations and financials of the Ekovest Group.
Further announcement will be made on this matter, if required, in line with the requirements of the Main Market Listing Requirement.
This announcement is dated 5 June 2018.
2018-06-05 19:07 | Report Abuse
From Bursa Website.
In the middle page.
It's called Daily Trading Participation
2018-06-05 19:05 | Report Abuse
@ Jon Choivo
I think 20% return p.a is not quite possible.
Somewhere between 10%-15% is more realistic.
2018-06-05 18:53 | Report Abuse
@ wingold
After reviewing it, you may be right partially.
The QR result decrease slightly year on year.
The improved profit was due to :
1. Unrealised foreign exchange gains of RM8.4 mil
2. Reversal of provision for foreseeable loss of RM3.1 mil
Not too bad though, it's expected to be better.
2018-06-05 14:45 | Report Abuse
Hopefully, he don't get caught just as the case of Soh Chee Wen in the 'Mastermind' of 2013 penny stock crash charged for manipulating the stock market
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https://www.channelnewsasia.com/news/singapore/mastermind-of-2013-penny-stock-crash-charged-for-manipulating-7692242
2018-06-05 14:42 | Report Abuse
@ Halite
In my opinion, Ekovest is a good investment. The fundamentals are impressive. No doubt that it should do well for many years.
However, external factors had changed this counter's future when the government changed hands.
Since the new gov had all intention to abolished tolls, you can't deny that this has significant impact to the company.
In fact, whether it's the new or the previous gov, they seem to have their way in decision making whether the private sectors agrees or not.
Take the example of the case study of minimum wage salary rising from RM900 to the newly proposed RM1,500.
Do you think it has impact on the private companies especially those who runs their companies utilising thousands of local or foreign workers?
Of course it does but when the gov decides, everyone must accept it whether it causes lower profits or losses.
I think everyone here do not need to prove you wrong because the share price reflects the company's future prospect.
No offence to you and your investment strategy, just my humble opinion.
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Posted by Halite > Jun 5, 2018 01:08 PM | Report Abuse
many no ball people come here to find support for their belief that ekovest is not a good buy
if you are not interested , then don't come here
if you do not believe ekovest is a good buy , don't come here to find support
if you do not agree with what I said , then prove me wrong
this is more gentleman-like than to decide for me what I should do .
learnt?
2018-06-05 14:26 | Report Abuse
Crude oil still above USD60.
Next quarter result for AA should be lower or into losses already.
The counter should trade lower below RM3 next few months.
2018-06-05 14:22 | Report Abuse
@ WVB 68
This info will support the counter if there's a future for this company.
Currently, the last significant contract they added to their order book was back in 2016.
Don't look so good.
# You can try your luck just as many did.
2018-06-05 12:19 | Report Abuse
Foreign fund selling down & repatriating back to home country.
Due to MYR depreciated against most currencies.
2018-06-05 12:17 | Report Abuse
Oil prices drop on growing expectations that OPEC will curb output cuts
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https://www.marketwatch.com/story/oil-prices-slip-as-investors-wait-for-opec-to-make-a-move-2018-06-04
2018-06-05 12:14 | Report Abuse
At least the selling pressure is off, slowly recovering back towards RM1.
2018-06-05 12:13 | Report Abuse
@ Halite
Are you having a nervous breakdown that now you are talking to yourself?
2018-06-05 12:11 | Report Abuse
If this week still no filing to Bursa regarding the buyback means it's just news to temporary boost share price.
2018-06-05 11:41 | Report Abuse
@ RockyFox
What about Serba Dinamik?
2018-06-05 10:04 | Report Abuse
If TS Wong knows his company has a bright future, he would not have sell it.
Food for thought: If you know that MYEG internally has some plans to tender for profit(eg: Say RM2-3 bil) income generating projects with the gov in the next 12 months, you would have buy up your own shares knowing that it would be worth more than RM3 in the future.
Looking at him sell transaction, reflects that his company has either no plans or even any contingency plans to salvage MYEG's remaining gov services if the gov decides to WITHDRAW all his services.
The best of all, when he step in the press media yesterday to defend the news of the termination of the existing rehiring services.
In other words, he is WORRIED.
He is very worried.
Stock: [JAKS]: JAKS RESOURCES BERHAD
2018-06-12 15:34 | Report Abuse
@ wetmarket
Yup. Agree with you on how we view the rights issue.
Everyone had different take on this.
In fact, many had never thought that the company would issue rights to fund the power plant.
Developing a power plant require heavy capex.