Posted by PHBNsameshit > 2019-02-15 14:48 | Report Abuse

ph trying hard to create scene as if they are helping to reduce cost, but infact they can only achieve that thru reduction of scope. now, what is the purpose of tabung harapan? if the coutry is going bankrupt soon due to high debt, why is the 'old horse' keep pushing for national car project,F1 and other nonsense? to him, the rakyat is stupid and easily manipulated.

Posted by GrahamNewman > 2019-02-15 15:05 | Report Abuse

Actually, if one really wants to know the whole story, we should start by knowing to whom does the government owe its debt. All these talk about Malaysian debt is not accurate, it should state "Government debt". Last I check, about 70% of debt is owed to the rakyat. In other words, it is highly unlikely that the rakyat will so enforce their claims as to make the government defunct. It was simply right pocket owed left pocket money, although we have to contend the distribution of the debt is not equal within the country, as only institution have the power to purchase large amount of debt.

And the Tabung Harapan is a funny concept to be had, because it is akin to debtor asking creditor to strike off some of the debt in the name of patriotism. Try persuade your bank whom you owe money whether you can setup a tabung for them to put their money in for you to repay your debt to them.

The wealth is still within malaysian and not being channeled out, albeit the majority of debt is held by people of power. Actually, it would be beneficial for the government to take on debt to finance the country growth because that is what the government is supposed to do right now as Malaysia capital markets are not that developed to facilitate large amounts of private financing.

US actually resorted to trade deficit to fund their rail network construction in the mid 1900s, while we complain about budget deficit. Trade deficit makes a country poorer because they have to produce more to pay interest to OTHER COUNTRIES. While with budget deficit, all the wealth are contained within the country, but the holder of debt is its citizens, so there was no flow wealth outside Malaysia.

Posted by GrahamNewman > 2019-02-15 16:38 | Report Abuse

And seriously is this a forum where people come here to know whether to buy or sell? It’s just absurd.

Posted by SHQuah > 2019-02-15 23:32 | Report Abuse

Gkent already have LRT3, so next few years should be no problem. If in future also got ECRL could be even better.

Posted by Ron90 > 2019-02-15 23:39 | Report Abuse

got someone supporting najb style of managing government debt and deficit budget. Seems like Jho Lo advising najib last time kot?.. clearly this guy donno real economic and more on politics style of thinking. Hancusss...

Read more and understand more about govt debt and budgeting of a nation. Dont simply compare US, Singapore, etc deficit budget strategy..they have long term plan for it, borrow to invest different from borrow to joli katak and support the likes of JhoLo, kak mah, bn politicians lavish lifestyle etc..

Becoz most of govt debt to rakyat la najib dare to rompak kaw-kaw this nation..that one pon donno ka?. If borrow from foreign institutions, sure our nation already being declared bankruptcy coz cannot afford to pay huge debt. we already gali lobang tutup lonag for many years..and yet u still ok with it??

seriously, before pakatan won, i am afraid we only got big numbers printed on our investment, epf, banks account..but in reality no money to withdraw, coz all already given to najib govt as debt.

Posted by amet2017 > 2019-02-16 04:20 | Report Abuse

Your long statement is the standard rhethoric orchestrated before GE14.
For those runs by emotion and lazy to search around and read, yeah it sounds like our country is in a very bad shape.

Tak habis2 cerita jho low, kak mah. While there maybe mistakes/fraud done via 1mdb, there are loads of good practice done by the previous government. If not our PH kesayangan will collapse after almost 1 year governing due to the ' trillion debt' inherited. Apa la, last time can main the sentiment. Now people oso rajin to read the facts la.

Posted by Maynot > 2019-02-16 06:44 | Report Abuse

BN is worse than PH. But that does not justify all the bad decision made by the current government.
All the so called high country debt is just another propaganda made by the current gov.

Debt to GDP around 50% is not considered high at all. Country debt is not personal household debt that should be settled until 0%. A country will always need some borrowing from others to be injected in the economy. Go look up other developed countries debt to gdp percentage, some of them even reach 80%

1MDB case total damage not exceeding 10 billion. Of course najib still will be brought to justice for that. But that does not allow the current government to cut down their spending to the point that it will cost the rakyat. Just because of the 1MDB case, we should forego all the multi billion projects that benefits the rakyat in the long run??

Posted by bsngpg > 2019-02-16 07:02 | Report Abuse

Very well said. Cannot agree more. Running country should not come with penny mind

Posted by bsngpg > 2019-02-16 07:04 | Report Abuse

We put LGE to putrajaya, he pulled our pant down. TMD.

Posted by SHQuah > 2019-02-16 08:10 | Report Abuse

Sama Sama. Both current and formal PM and ministers also useless. Making too many mistake and wrong decisions. They don't really care for us. There is no real friends in politics.

Posted by GrahamNewman > 2019-02-16 12:01 | Report Abuse

It doesn’t matter the government need to care about us or not, in any way we have to figure out ourselves how to profit. All these are circumstances to be overcame, because everybody is facing the same issue, not only us. All these politics issues are just like a good story, A good entertaining read.

We always complain on the current ministers but what’s the alternative? No ministers at all? Put back former ministers? I sure hope the investors here are not so backward minded.

The important point is to prepare ourselves so as to be able to face all these turmoils with equanimity, else we shall all succumb to the manic stock market sentiment and lose our clear headedness.

Posted by ADAMFOREST > 2019-02-17 12:33 | Report Abuse

Next monday will rebounce abit :)

Posted by dusti > 2019-02-17 14:55 | Report Abuse

Future is quite blur............I feel better to pick Carimin for near term. Good luck

Posted by Ron90 > 2019-02-17 17:32 | Report Abuse

wah...lots of stunchy bn supporters here.. ph not even 1 year already cry foul... cry like baby. wtf no brain to face reality. .. hv to clear up all the mess by previews gahman yg u all vote for so long. think to run a country ezi like a SMI ?? even big corporat needs 1-2 years to get back from red to black. .. no point arguing with bn supportes ni..see la in the next2-3 years.

Posted by v1vin > 2019-02-17 17:49 | Report Abuse

let's not turn here into a politic forum orz

Posted by Dylan Yong Hua Tai > 2019-02-17 18:01 | Report Abuse

No need to talk politic, BN or PH problem... all are wasting time, this will not help you to earn even 1 cent. Based on TA, Gkent still in dropping mode, just wait and see.

Posted by Ron90 > 2019-02-17 18:11 | Report Abuse

I don like to talk politics olso..we trade to make $$ here, even angel run the show no use if we rugi. .huhu.. but abit irritate to read some post..hehe.

Posted by VenFx > 2019-02-18 09:42 | Report Abuse

I live gkent trend, so slow yet steadily.

Posted by Maynot > 2019-02-18 10:42 | Report Abuse

Volume quite low lately....

Posted by BananaGoreng > 2019-02-18 15:09 | Report Abuse

erkongseng where is 1.5? 1.3 also canot

Posted by Maynot > 2019-02-18 15:54 | Report Abuse

https://www.thesundaily.my/local/local-contractors-to-benefit-from-upbeat-railway-industry-say-analysts-IA543813

Good news coming. Volume entering

Posted by Kawkaw > 2019-02-18 18:07 | Report Abuse

Old story

Posted by SHQuah > 2019-02-19 07:38 | Report Abuse

https://klse.i3investor.com/servlets/stk/3204.jsp

Posted by ChickyWaWa > 2019-02-19 09:07 | Report Abuse

When will the latest QR release?

Posted by PHBNsameshit > 2019-02-19 09:10 | Report Abuse

possible rebound..

Posted by PHBNsameshit > 2019-02-19 09:10 | Report Abuse

well..the politicians will talk shit and threaten to cancel project, share price down, they collect, then announce resume.. sell.. big time. period

Posted by mamatede > 2019-02-19 09:46 | Report Abuse

Let's see whether Gkent can breach RM1.2 or not. If yes, it will be a good uptrend until RM1.6

Posted by Ivan89 > 2019-02-19 10:41 | Report Abuse

Gkent rebound start

Posted by kevinobc > 2019-02-19 12:04 | Report Abuse

GKENT REBOUNDING ,,, SOON TP 1.50

Posted by kevinobc > 2019-02-19 12:05 | Report Abuse

gamuda , mrcb , ,,,,, next GKENT further up

Posted by supertrader888 > 2019-02-19 14:55 | Report Abuse

Look nice gkent.. waiting to move up ! Stay tune

Posted by RainT > 2019-02-19 15:15 | Report Abuse

next quarter result March 2019

Posted by Lanesra > 2019-02-19 15:20 | Report Abuse

just a matter of time

Posted by Ivan89 > 2019-02-19 15:41 | Report Abuse

Next month declare dividend, I guess at least 3cent

Posted by Maynot > 2019-02-19 17:28 | Report Abuse

Yeah best guess at least 3cent dividend.

Posted by Kawkaw > 2019-02-19 18:29 | Report Abuse

nice graph bro

Posted by supertrader888 > 2019-02-19 19:30 | Report Abuse

Will test 1.16 resistance and move forward to 1.3.. =)

Posted by PlsGiveChance > 2019-02-19 20:46 | Report Abuse

http://www.theedgemarkets.com/article/george-kent-consolidating-says-alliancedbs-research-0

KUALA LUMPUR (Feb 19): AllianceDBS Research said George Kent (M) Bhd (GKent) had on Feb 18 tested last Friday’s low of RM1.09 before closing near the day’s high at RM1.11 (up 2 sen or 1.83%).

In its evening edition yesterday, the research house said Gkent continued to trade above the 20-day (blue) and 50-day (red) moving average lines.

It said following the up close on Feb 18, the stock is likely to move higher with immediate higher with immediate hurdle at RM1.16.

“A crossover of RM1.21 should see further price rise to the next overhead resistance zone, RM1.21 – RM1.23.

“The support is pegged at RM1.09. A fall below RM1.09 would put pressure on the stock down to the subsequent support at RM1.05,” it said.

AllianceDBS Research said stock volume traded on Feb 18 was 6.27 million shares compared to the 3-month average volume of 5.15 million shares.

Posted by PlsGiveChance > 2019-02-19 20:48 | Report Abuse

remember to add "-0" behind the link above. not sure why it doesnt include and linked to an old news

Posted by Maynot > 2019-02-19 20:56 | Report Abuse

A strong momentum is needed to break 1.20. Once break 1.20 then 1.40 will be easier. TP 1.60 med term

Posted by Kawkaw > 2019-02-19 21:41 | Report Abuse

1.20...hmmm quite hard.. George will try..
Let see tomolo

Posted by Kawkaw > 2019-02-19 21:42 | Report Abuse

george kent ...haaa.

Posted by amet2017 > 2019-02-19 21:42 | Report Abuse

Lets hope Kent will also help

Posted by Maynot > 2019-02-19 21:46 | Report Abuse

Construction sector is making a comeback. Pray for ecrl

Posted by Kawkaw > 2019-02-19 22:17 | Report Abuse

I know george kent can..la keep pushing

Posted by SHQuah > 2019-02-20 07:31 | Report Abuse

Malaysia nearing deal with China to revive scrapped ECRL, reports Bloomberg

Read more at https://www.thestar.com.my/news/nation/2019/02/19/malaysia-nears-deal-with-china-to-revive-scrapped-rail-project/#qxLitD45GKv4pJHc.99

Posted by guanteik > 2019-02-20 08:33 | Report Abuse

Uptrend and more good news coming! Thanks SHQuah for sharing

Posted by SHQuah > 2019-02-20 13:23 | Report Abuse

https://klse.i3investor.com/blogs/AmInvestResearch/194151.jsp

Trading Call: Buy on further rebound above RM1.15
Target: RM1.21. RM1.35 (time frame: 3-6 weeks)
Exit: RM1.05

Posted by Maynot > 2019-02-20 15:28 | Report Abuse

INI KALILAH!!

Posted by arman70 > 2019-02-20 16:40 | Report Abuse

I guess GKent will only fly monday