GEORGE KENT (M) BHD

KLSE (MYR): GKENT (3204)

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Last Price

0.475

Today's Change

-0.015 (3.06%)

Day's Change

0.475 - 0.49

Trading Volume

222,100


15 people like this.

18,216 comment(s). Last comment by gkent2000 1 week ago

dmksn

686 posts

Posted by dmksn > 2019-06-25 17:34 | Report Abuse

Yeah, avg more. Buy & hold.

劉尹光

490 posts

Posted by 劉尹光 > 2019-06-25 17:37 | Report Abuse

poor qtr result... tommrow will drop ....

RainT

8,448 posts

Posted by RainT > 2019-06-25 17:40 | Report Abuse

revenue amount drop a lot

guess for this quarter only depend on water biz only

Posted by Vincent Tan > 2019-06-25 17:43 | Report Abuse

come throw ur shares , i will get it from low

Posted by Cockroach Paul Lee > 2019-06-25 17:57 | Report Abuse

Yeah....0.90 coming... gogogo Gkent

Posted by Vincent Tan > 2019-06-25 18:02 | Report Abuse

what u expect in this bad economy worldwide , the point is this company hold a lot net cash to survive from this bad circumstances , its result not from single days it already gone through 26 years . Buy from low sell from high , bad economy means opportunities . Whoever with holding power will win in next economic boom .

Jim Tan

255 posts

Posted by Jim Tan > 2019-06-25 18:56 | Report Abuse

12M Quarterly without LRT3, Assuming 5% Profit from 5Bil
4 years 250m, each Quarter 15M so that's around 27M
200M Cash
4.5% Treasury Shares


a

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2019-06-25 19:11 | Report Abuse

qoq yoy drop....nothing special this quarter....expenses reduced this quarter overall segment margin still steady despite construction challenging year....is there any reduce average price in meter business and meter revenue including the contract award from SG ? maintain hold for this quarter....waiting for order book 5B

SHQuah

5,363 posts

Posted by SHQuah > 2019-06-25 19:19 | Report Abuse

MRCB revenue & profit also down but share price unchanged as current price already factor in. So Gkent should be ok.

SHQuah

5,363 posts

Posted by SHQuah > 2019-06-25 19:42 | Report Abuse

2nd half with LRT 3 should be better.

dexterb

164 posts

Posted by dexterb > 2019-06-25 19:42 | Report Abuse

I hope got panic selling...just hold my buying intention from last few months till now. hope it can be dropped below RM1.

Posted by GrahamNewman > 2019-06-25 19:54 | Report Abuse

I really do hope it will drop significantly tomorrow, been holding my buying orders for months.

dexterb

164 posts

Posted by dexterb > 2019-06-25 20:02 | Report Abuse

I did queue but cant get it --- i queue around 1.06. Tomorrow queue again at lower prices since its bad qr. Just can't wait it to gradually realize its LRT3 order book.

Posted by GrahamNewman > 2019-06-25 20:22 | Report Abuse

the glorious 75 sen, i can only dream of it

dexterb

164 posts

Posted by dexterb > 2019-06-25 20:47 | Report Abuse

those days.....if let me experience again such fabulous occasion, i will hold it tightly. =P

Posted by Lee Yong Hour > 2019-06-25 21:10 | Report Abuse

Long Term investment. Next 3 quarter should better and increasing the profit.

Patrick13

1,971 posts

Posted by Patrick13 > 2019-06-25 22:06 | Report Abuse

Revenue drop but GP is better. Profit declined due to none contribution from LRT3 this quarter. This FY will be better than last year. Just hold and wait.

icecool

4,888 posts

Posted by icecool > 2019-06-25 22:59 | Report Abuse

so this is how much money gkent is making from water. interesting....

ming

2,074 posts

Posted by ming > 2019-06-26 00:48 | Report Abuse

Without LRT3 also got 2.5 cents eps..wat else to expect?

SHQuah

5,363 posts

Posted by SHQuah > 2019-06-26 07:24 | Report Abuse

https://www.theedgemarkets.com/article/george-kent-1q-earnings-drop-targets-rm5b-order-book

KUALA LUMPUR (June 25): George Kent (Malaysia) Bhd’s first quarter net profit fell 37% to RM13.51 million or 2.5 sen a share, from RM21.54 million or 3.8 sen a share a year earlier, due to lower profit contributed by the engineering division.

Revenue for the quarter ended April 30, 2019 (1QFY19) dropped 17% to RM82.78 million, from RM99.76 million previously.

In a statement today, George Kent chairman Tan Sri Tan Kay Hock said the results were credible, in spite of a small loss from the LRT3 project, as construction works on the project has yet to begin.
Tan said demand for George Kent’s water meters, both within and outside the country, exceeded forecasts during this period.

The group’s manufacturing facilities were also able to meet the increased demand in a timely manner, thanks to the group's investments to increase its production capacity, he added.

“I am encouraged by the increasingly strong demand for our water meters. We continue to add new markets. We are working towards manufacturing the imported precision components, in order for us to become an integrated water meter manufacturer. This will give us better control over our water meter supply and enhance our margins,” Tan said.

The group is committed to delivering on its order book of over RM5 billion, which provides earnings visibility for the next few years, he added.

SHQuah

5,363 posts

Posted by SHQuah > 2019-06-26 07:30 | Report Abuse

https://www.theedgemarkets.com/article/george-kent-1q-earnings-drop-targets-rm5b-order-book

The group is committed to delivering on its order book of over RM5 billion, which provides earnings visibility for the next few years, he added.

Imagine RM5billion / 4 years / 4 quarter = Estimated 312.5 million per quarter.

Q1 2019 = RM82.8 million.
Following year expected to increase to 300 Millions per quarter.

Posted by PotentialGhost > 2019-06-26 09:50 | Report Abuse

Bursa now give new bird play died already. They all come from JJPTR

Posted by GrahamNewman > 2019-06-26 10:16 | Report Abuse

we need to stop posting good news here and make sure the price slide. Else we are just hurting ourselves for buying at high price.

dexterb

164 posts

Posted by dexterb > 2019-06-26 10:23 | Report Abuse

alrite =)

Posted by gorengking69 > 2019-06-26 11:39 | Report Abuse

Kicking all weakholders

SHQuah

5,363 posts

Posted by SHQuah > 2019-06-26 14:06 | Report Abuse

https://klse.i3investor.com/servlets/ptres/51069.jsp

George Kent - Take a Relook
- Price Target : 1.43

ChickyWaWa

243 posts

Posted by ChickyWaWa > 2019-06-26 14:57 | Report Abuse

Tiu... was hoping price drop kao kao so that I can buy at 80 cents... not going to happen I guess. Too bad.

RainT

8,448 posts

Posted by RainT > 2019-06-26 15:12 | Report Abuse

last 4 quarters operating cash flows were in negative

this recent quarter operating cash flow is positive

good sign

RainT

8,448 posts

Posted by RainT > 2019-06-26 15:12 | Report Abuse

why profit drop counter

but share price cannot drop one? lol

moneylai

217 posts

Posted by moneylai > 2019-06-26 15:48 | Report Abuse

profit drop one normally will go up and profit good one normally will drop.. this is bursa malaysia lol....

Posted by GrahamNewman > 2019-06-26 16:12 | Report Abuse

We need more sell side research to downgrade this stock.

dexterb

164 posts

Posted by dexterb > 2019-06-26 16:17 | Report Abuse

damn bored....i cant manage to get it

moneylai

217 posts

Posted by moneylai > 2019-06-26 16:26 | Report Abuse

U can get it at 1.11 ah now... when price wanna go up or down, what report also useless..

Newbieinshare

2,117 posts

Posted by Newbieinshare > 2019-06-26 16:27 | Report Abuse

Buy at 1.11 la. Still cheap

moneylai

217 posts

Posted by moneylai > 2019-06-26 16:40 | Report Abuse

go up to 1.17-1.18 first loh....

ming

2,074 posts

Posted by ming > 2019-06-26 17:30 | Report Abuse

Everyone wanna buy how to drop? Lol..
Last chance .. fail of G20

Posted by Lee Yong Hour > 2019-06-26 20:42 | Report Abuse

Short term nothing goreng. Keep buy for long term investment.

dexterb

164 posts

Posted by dexterb > 2019-06-27 09:06 | Report Abuse

it's coming down ...just wait.

Posted by gorengking69 > 2019-06-27 09:14 | Report Abuse

You dont buy now then later buy at 1.18

dexterb

164 posts

Posted by dexterb > 2019-06-27 09:25 | Report Abuse

i wont buy...it wont exceeds 1.18

CY

8 posts

Posted by CY > 2019-06-27 09:29 | Report Abuse

Bad QR report = share price up . This is Gkent

Alex7111

52 posts

Posted by Alex7111 > 2019-06-27 09:39 | Report Abuse

Good fundamental company

SHQuah

5,363 posts

Posted by SHQuah > 2019-06-27 09:41 | Report Abuse

https://klse.i3investor.com/servlets/ptres/51087.jsp

Source : HLG
Price Target : 1.43
Price Call : BUY
Upside/Downside : +0.31 (27.68%)

My Price Target for 2020 : 2.00

Posted by charles pang kah keet > 2019-06-27 19:56 | Report Abuse

Q result good?

Posted by charles pang kah keet > 2019-06-27 19:56 | Report Abuse

1:08-1:09 can buy in to keep

guanteik

183 posts

Posted by guanteik > 2019-06-27 21:18 | Report Abuse

When the 5b book order comes... we see great return

erkongseng

3,192 posts

Posted by erkongseng > 2019-06-28 12:48 | Report Abuse

3204 gkent RN1.10 :
~長线好股3204 GKENT RM1.12
gkent在20天平均价RM1.11附近可買入了。
~估计gkent 2019全年可派送5至5.5仙股息,现股价RN1.11计,周息率达到4.5至4.9%。
~公司于2019年4底现金有2.65亿,
借债为6298万。
~未入賬订单达马币50亿。
~公司从2018年6月开始股票買回至2019年3月1曰,股价介于RM0.755至1.48 ,共累积24651.900股。坐拥净现金马币2亿,未来穩定派息。
~公司股东同意可股票買回10%(56326,000股),现買回24651,900,未来还可買回31674.000股。
~投行给予的目標价:
RHB:RM1.00
KENANGA:RM1.15
HLG:RM1.43
个人给予RM2的潜力,未来四年工程业务贡献净利及水表业务增長,丰厚派息。
永远是你最终决定,買卖自负。

Posted by Vincent Tan > 2019-06-28 13:53 | Report Abuse

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