It's totally WRONG & MISLEADING by comparing GKent to Mycron as these 2 are in entirely different industries and carry with different stories. Mycron should be used to compare CSC Steel while Gkent should be compared to similar players in construction, for examples gamuda or IJM.
Sorry, i didn't buy just because someone talk sweet about it. Same goes to your ocncash. Can you tell me that you recommended any stocks that went well? Your sweet talk killing lots of wealth.
Hahaha younginvestor92, pls go to my fb page and refer the first post. Look at my entry price for OPENSYS. Even though if i did not sell now, i still making money. In term of OCNCASH, time will tell and please look at its latest QR.
How about you? Did you wrote anything and contribute so far?
The entry price is very important. If the company looks not so good but enter at the right time still can earn a lot. Sendai current price still a good choice. Even Bonia and Digistar enter now should be no problem.
George Kent is a great stock and comparing George Kent with JHM, Penta and Mycron are completely wrong in first place. The solid financial strenght, cash flow and earning visibility based on amount of jobs on hand are solid backing for the stock price. The growth potential is solid. George Kent is a railway engineering specialist and with vast oppotunity available not only in Malaysia but also in other part of SEA. The HSR will offer good opportunity to furnish the order backlogs. The current price is still very attractive and potential of further upside is still good with good dividend earner for the investors.
Riche, just a kind advise, IamGoogle is actually correct. You using PE Ratio wrongly and accidentally misled others. Like any valuation tool, DCFA, DDM, PER, etc, you must first understand it's uses and limitations.
For PER, you must compare your stock's PER against the industry and it's peers. Gkent has a PER of 11x, while construction industry is roughly 13-14x PER (if I recalled correctly). So Gkent is actually still undervalued, not fairly valued.
You must compare orange with orange, apple with apple. You should not be comparing Gkent with Mycron and Penta. One is construction, one is commodity, one is technology. It doesn't work that way.
PER also doesn't work in a company that has debt, as debt can influence earnings. What is Gkent's debt? What is Mycron and Penta's? That's why you cannot stack them together and compare.
This is a constructive criticism, not a personal attack.
Ezra, thanks for your constructive critism. Appreciate it. You had your own point but i prefer to stick with my opinion. GKENT will not be a good buy for me at current price.
Younginvestor92, if you so like net cash company, go collect FAVCO, FLBHD, etc. Would be suit you. When will be your turn to post some articles?
That's how people turn from humble to self pride, all negative comments are not welcome & those want to give different must have written some articles or you are not qualified to comment. Only praise is welcome
If you try to predict the share price, you will never sure if that will happen unless you have the legendary crystal ball.
When you say up, there will always be the reason to go down. When you say down, there will also always be the reason to go up. WHY? Because you are NOT Mr Market. Mr Market will decide.
I already told you the facts was:apple is apple, orange is orange, didn't you get the facts here?
Posted by IamGoogle > Dec 9, 2016 09:31 PM | Report Abuse X It's totally WRONG & MISLEADING by comparing GKent to Mycron as these 2 are in entirely different industries and carry with different stories. Mycron should be used to compare CSC Steel while Gkent should be compared to similar players in construction, for examples gamuda or IJM.
IamGoogle, I did allow you to express your opinion, but I prefer to stick with my point of view. As mention in the article, let's notice closely at price around 3.30. If it continues to go up, I will admit it is my wrong judgement. Hehe
Becareful with his recommendations, his subscriber has lost over 20% in recent months, he is able to write nice things but the stocks he recommended recently went really bad.
When u fight. What do u get? But when u buy low sell high u get something.So buy GKent or Johan now and good chance to sell higher with present Bull Klse ...
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Jian Bin Siew
238 posts
Posted by Jian Bin Siew > 2016-12-09 21:13 | Report Abuse
Good point.