Posted by KassimBaba7 > 2019-03-11 16:41 | Report Abuse

Apa ini babi.. morning some bugger buy berjuta juta to 1.26, petang some babi sell berjuta juta to 1.18 - cant u guys just be happy to settle properly at 1.20 ke?

I went from 1 month bonus to zero in less than half a day =.= luckily disposed a little - still holding on the rest.

Posted by SHQuah > 2019-03-11 16:42 | Report Abuse

Catching contra player before go for second round goreng.

Posted by oasischeah > 2019-03-11 16:45 | Report Abuse

Missed the boat to sell more today. Lucky to have sold alot yesterday at 1.20. Now still having alot of bullets to buy if the price is pushed down. Just stay sideways and see how the game is played.

Posted by oasischeah > 2019-03-12 09:25 | Report Abuse

Yes. Wait for the syndicate to push the price down. They trap alot of contra players.Don't rush to buy now. It will go lower than expected.

Posted by LaoTzeAhSir > 2019-03-12 09:29 | Report Abuse

holland

Posted by XiaoBilis > 2019-03-12 09:30 | Report Abuse

hi everyone, I have been following this site for years but this is the first time I comment. I noticed every time when they want to announce their quarterly results, the price will go up and down like roller coaster - why? Is this the way ikan yu traps the smaller fish?

Posted by Patrick13 > 2019-03-12 10:09 | Report Abuse

https://klse.i3investor.com/blogs/nanyang_stock_expert/197440.jsp

Clap to this kind of analyst. TP 97 sen is given and successful to drop down share price today!

Posted by GrahamNewman > 2019-03-12 11:35 | Report Abuse

Well valuation has to come from demonstrated results and prospects comes from track records in construction companies.

If one is to wait till all projects are clinched and signed, then it is the time to sell not buy because the price will have already reflected the prospects.

Indeed unbiased thinking is one of the essentials in thinking through the decision, but one must also know what is the business worth(it doesn't have to be exact).

Everyone is saying GKENT is left with water meter business only(highly unlikely), and the company will languish down to 10 - 20 cents. But what is the true business valuation of the meter business? nobody attempts to find out, they just pluck some convenient numbers and paste it in their head.

It is common practice among project based companies to have good rapport with the customers, it is just one of the ways to market yourself, and people start to politicized the relationship.

Incidentally, this forum is exactly the wrong place to be learning investing. Too much noise and too little wisdom.

Posted by Fong Kai Mun > 2019-03-12 12:37 | Report Abuse

@GrahamNewman hear, hear. hey bud, where is the good place to learn about investing?

Posted by sell > 2019-03-12 14:47 | Report Abuse

Sold at 1.18. QR must be lousy so delay?

Posted by kevinobc > 2019-03-12 14:57 | Report Abuse

GKENT towards ECRL.... tp.1.40 , 1.50, 1.60 ,1.80

Posted by geraldt9 > 2019-03-12 17:47 | Report Abuse

Without Jibby or BN in power .. berapa tinggi boleh panjat lagi ..?

Posted by Veron_teo > 2019-03-12 17:58 | Report Abuse

will limit up once umno regain power next ge

Posted by SHQuah > 2019-03-12 18:04 | Report Abuse

PH is based on projects experience and costs. They don't care about their past relationship.

Posted by Maynot > 2019-03-12 19:00 | Report Abuse

QR bad kah?? Let see tomorrow rally or not to confirm

Posted by Vinzcent > 2019-03-12 20:01 | Report Abuse

Final QR Result:
Revenue - Drop
Profit - Drop
CashFlow - Decreased to 116Mil+

Posted by SHQuah > 2019-03-12 20:09 | Report Abuse

Revenue and profit drop is expected. We are looking at the future and not present.

Posted by faralenz77 > 2019-03-12 22:25 | Report Abuse

QR not out yet. Due next week.

Posted by WeiZian Chin > 2019-03-12 22:31 | Report Abuse

tomorrow will gap up abit

Posted by amzarb44 > 2019-03-12 23:44 | Report Abuse

They forgot to mention bout mrt2 profits contributions?

Posted by Newtmethod > 2019-03-12 23:59 | Report Abuse

hahahaha tml sure up. Believe me.

Posted by SHQuah > 2019-03-13 07:30 | Report Abuse

Gkent focus on potential jobs includes regional rail-related opportunities, and GKent is studying possibilities to participate in Singapore’s rail-related job bidding.

We opine that the company will face an uphill battle as bidding for Singapore mass rapid transit jobs is very competitive in Singapore. On the domestic front, near-term opportunities for GKent include water treatment plant jobs (RM100 million to RM200 million) and the second phase of the Klang Valley double track project (RM5 billion) where we understand that the company is looking for a JV partner to participate in the tender.

Posted by SHQuah > 2019-03-13 07:36 | Report Abuse

Don't worry about this coming quarter result, can make less profit is consider very good.
Think about second half of the year and moving forward with all the bigger projects.

Posted by amzarb44 > 2019-03-13 09:51 | Report Abuse

SHQuah, where is that bigger projects?

Posted by Maynot > 2019-03-13 10:08 | Report Abuse

Sharks in this counter are funny. Try to goreng like crazy during red sea market on monday. But when green market come they just hold the price lol. I cant see the logic

Posted by Bratt > 2019-03-13 11:36 | Report Abuse

Insider sharks

Posted by oasischeah > 2019-03-13 11:53 | Report Abuse

Tomorrow and Friday should be able to get cheaper price as contra sellers that bought alot on Monday will be forced to sell.

Posted by SHQuah > 2019-03-13 18:18 | Report Abuse

Contra players never learn.

Posted by moneykj > 2019-03-14 00:01 | Report Abuse

Lai lai Redtone tomorrow morning.
Johor Sultan team up with VT to goreng. Results play still have 50% upside. If they put in Umobile for backdoor listing play, sky is the limit.

Posted by Maynot > 2019-03-14 08:44 | Report Abuse

Still fail to break 1.20. The problem is that this imbecile shark always goreng when market red. But when market green just hold the price hahaha

Posted by Grace Loh > 2019-03-14 10:51 | Report Abuse

up up up

Posted by Ivan89 > 2019-03-14 10:56 | Report Abuse

Gkent high chance to break 1.2 tpday

Posted by oasischeah > 2019-03-14 12:34 | Report Abuse

Waiting for contra players to sell but so far not much movement as yet.

Posted by oasischeah > 2019-03-14 16:06 | Report Abuse

Now it is starting to crack a bit. The contra players need to sell. Tomorrow will be forced to sell.

Posted by Maynot > 2019-03-14 17:45 | Report Abuse

Today wrong timing to goreng again. Goreng during red market again. Then fail as always

Posted by Maynot > 2019-03-15 10:51 | Report Abuse

Tell sharks to GORENG NOW!! THIS IS THE RIGHT TIME!!!

Posted by gain100 > 2019-03-15 11:34 | Report Abuse

this counter no good dy.
everyday's last high price seems going to be lower and lower from 1.24 then 1.21 then 1.19 today
oh dear

Posted by gain100 > 2019-03-15 11:35 | Report Abuse

shame you...most of the counter goreng dy..except this

Posted by oasischeah > 2019-03-15 11:55 | Report Abuse

Be patient friends. Alot of selling to be done yet. Today is Friday.

Posted by SHQuah > 2019-03-15 14:31 | Report Abuse

https://www.theedgemarkets.com/article/george-kent-seen-promote-smart-metering-state-govts

George Kent seen to promote smart metering to state govts
The management is excited about its metering division as they are doubling their effort in promoting their smart metering solutions to various state governments and countries within the South-East Asia region. Its smart meters are an add-on to existing meters that offer fixed network reading or mobile network reading, which allows water players to bill customers effortlessly. While it is still at the pilot stage, as they are working with mobile operators in testing the transmission of data, we believe that should it take off, it would be a strong growth factor for its metering division. We anticipate the smart meters could potentially grow its metering revenue by a minimum of 50%, should GKENT is able to package its smart meters together with its existing products.

George Kent (Malaysia) Bhd (GKent) management has indicated that its current core focus would be on the delivery of Light Rail Transit Line 3 (LRT3) and its existing ongoing projects — LRT2, Mass Rapid Transit 2 and public hospitals with an estimated outstanding order book of RM5.4 billion. Hence, the management is not looking to participate aggressively in other jobs in the near term.

While its current progress is still at about 10%, management remains optimistic about meeting the construction timeline as it has been rescheduled to 2024. Currently, the management is expecting the redesign of the project to be completed by the second half of calander year 2019 (2H19) and hopes to progress to full swing as its subcontractor would be able to proceed with work on stations upon receiving the final designs. That said, now that GKENT-MRCB JV is no longer the project delivery partner(PDP) but the main contractor of LRT3, they are working closely with banks to secure financing for the working capital needs for LRT3. We are confident that they will be able to secure the financing given that both GKENT and MRCB’s balance sheets remain healthy, which GKENT is in net cash position while MRCB is lowly geared at 0.2 time.

We are keeping our FY19E core net profit (CNP) of RM75 million as we believe that GKENT will meet our expectations as they tend to perform stronger in the fourth quarter. No changes to our FY20E (estimate) CNP of RM82 million for now.

Posted by newinvestor17 > 2019-03-15 15:05 | Report Abuse

Trade cautiously in any counters guys. Dont simply buy and gamble away hard earned money.

Most importantly, dont get over influenced by the analysis carried out by Jaya. Jaya has been good at spreading fake news and twisting stories as a means of getting people to buy into a particular counter just because his holding it.

I3 has just banned him for about a week but his dupe accounts are still running aimlessly in this forum

Posted by pfcm > 2019-03-16 02:12 | Report Abuse

Newinvestor17

Yes i agree with what you say

Posted by mayleow > 2019-03-16 09:06 | Report Abuse

if i got cash i will sapu

Posted by SHQuah > 2019-03-16 10:39 | Report Abuse

I invested in Gkent because the dividend % is higher than bank FD and EPF. One thing for sure is company won't close down.

Posted by Newtmethod > 2019-03-17 11:02 | Report Abuse

a very strong support at 1.17-1.18. need some volume to create the inverse head and shoulder.

Posted by Wuzy > 2019-03-17 22:33 | Report Abuse

Hope no QR bomb from gkent

Posted by Ivan89 > 2019-03-18 10:12 | Report Abuse

Critical week for gkent

Posted by Ivan89 > 2019-03-18 11:25 | Report Abuse

Qr release by this week and may decide the share price up or down

Posted by papparich > 2019-03-18 15:07 | Report Abuse

gkent is in harvesting period with little catayst for growth. But the good news is that their returns is above 8% which is far better than any bank. While in terms of growth may not be as strong for now but because it is undervalue, this is one stock you can buy and keep for at least a year. In short, if you don't buy the pappadoms, someone else will.

My opinion is Gkent is of the a good company which was fortunately prices drove down due to political nonsense. They are cash rich and therefore has means to increase their capex in areas like engineering sector to bring the company to greater growth.

Posted by amet2017 > 2019-03-18 15:09 | Report Abuse

Lol how to advise when people dont know what is your trading plan? when you buy,you should have established your max risk and establish cut loss and TP.