Posted by RainT > 2019-09-25 09:05 | Report Abuse

oh no

Posted by paktua73 > 2019-09-25 09:08 | Report Abuse

manage grab some at 1.00

tut tut
let see

Posted by gorengking69 > 2019-09-25 09:19 | Report Abuse

Good. At last theres something that can kick out all the weakholders

Posted by Kent Chang > 2019-09-25 09:22 | Report Abuse

Not too bad, keep it up.

Posted by papparich > 2019-09-25 09:28 | Report Abuse

Which stupid sold their shares?

Posted by Newbieinshare > 2019-09-25 09:29 | Report Abuse

actually not bad. strongly supported. QR is expected la

Posted by hng33 > 2019-09-25 09:32 | Report Abuse

bought gkent at 1.00-1.02

Posted by popo92 > 2019-09-25 09:39 | Report Abuse

there's valuable information beneath the press release...

Posted by SHQuah > 2019-09-25 09:47 | Report Abuse

https://klse.i3investor.com/blogs/rhbresearch/226522.jsp

George Kent Malaysia - A Better Second Half Awaits

Posted by SHQuah > 2019-09-25 09:49 | Report Abuse

https://klse.i3investor.com/blogs/kenangaresearch/226546.jsp

Upgrade to OUTPERFORM from MARKET PERFORM due to the recent retracement in share price with an unchanged Target Price of RM1.15. We believe its outlook is improving but still highly dependent on the execution of LRT3. Our TP implies FY20E PER of 7.8x, which is in-line with our ascribed multiple of 6.0-11.0x for the construction space.

Posted by SHQuah > 2019-09-25 09:52 | Report Abuse

https://klse.i3investor.com/blogs/hleresearch/226524.jsp

TP - RM1.41

GKent’s 1HFY20 earnings of RM25m (-44% YoY) were below both ours and consensus estimates mainly due to lower than expected contribution from LRT3 PDP JV as the project will only resume in 4QCY19 (as opposed to previous guidance of mid-2019) and back to full swing in CY20. YTD core PATAMI decreased due to lower contribution from all segments. GKent is targeting to grow profit contribution from its metering division to 50% (from 20%) in the short term and to 75% in the longer term given the slowdown in the domestic rail construction industry. The company is looking for potential M&A opportunities and also may form strategic alliances to expand geographical markets and diversify products range. Cut FY20-21 earnings by 17.6% and 6.6% while increase FY22 earnings by 7.4% after we adjusted LRT3 contract progress assumptions. Maintain BUY with lower SOP-driven TP of RM1.41 (from RM1.43) after earnings forecast adjustment.

Posted by GrahamNewman > 2019-09-25 09:52 | Report Abuse

I foresee if the pilot test is successful, and once the policy is set for all water meters in malaysia to be updated with the new solution, it will be huge market, and LRT3 is not recognised yet, which is anticipated as management has alluded the project to start in 2H19.

Posted by hng33 > 2019-09-25 10:35 | Report Abuse

The smart meters are an add-on to existing meters that offer fixed network reading or mobile network reading, which allow state government to bill household remotely. It also enable authorities to access water consumption pattern and detect leakages in distributions system, thus address non-revenue water problem.

Already Gkent successful secure maiden award by Selangor state government in Sept 2019 to supply, deliver and install 5540 water meter fitted with these smart metering solution

Posted by popo92 > 2019-09-25 12:52 | Report Abuse

Anyone know how much these smart meters and their solution cost? Who are their main competitors and how their products stand out among?

Posted by pamaladu > 2019-09-25 16:16 | Report Abuse

smart meter, 5G, Io T and non revenue water master plan, the story fits well

Posted by SHQuah > 2019-09-25 17:50 | Report Abuse

Share buy back.

Posted by pamaladu > 2019-09-26 08:22 | Report Abuse

short term water meter target increased by 2.5x (from present 20% to 50%) and long term by 3.75x (from present 20% to 70%). Water meter contribution presently average annual sales RM140mil and profit RM30mil. So in short term for water meter annual profit will be increased to RM75mil and long term to RM112.5mil assuming no change in margin. But margin could be improved since they have agreement with Honeywell to produce precision components locally. Believe this target growth include the smart meter.

Posted by pamaladu > 2019-09-26 09:24 | Report Abuse

https://www.nst.com.my/news/nation/2019/09/524145/5g-trials-go-nationwide-next-month-gobind

believe the smart meter need 5G technology to work, Selangor is one one state involved in the 5G test

Posted by SHQuah > 2019-09-26 10:00 | Report Abuse

https://klse.i3investor.com/blogs/nanyang_stock_expert/226754.jsp

公司也寻求潜在的并购机会，并可能通过策略联盟，扩大市场地点和多元化产品。

我们维持“买入”评级，但目标价随着财测调整，而从1.43令吉，调降至1.41令吉。

Posted by masterus > 2019-09-26 10:30 | Report Abuse

Psiptek ratio analysis comparison with other companies

https://markets.ft.com/data/equities/tearsheet/profile?s=PSIPTEK:KLS

Posted by SC > 2019-09-26 10:30 | Report Abuse

as I know, IoT dont need 5g unless AI or immediate processing need.

Posted by SHQuah > 2019-09-26 11:14 | Report Abuse

https://www.theedgemarkets.com/article/ecrl-subcontract-awards-expected-2021-says-affin-hwang-capital

Affin Hwang said it believed that the government is looking to revive the Klang Valley MRT Line 3 (MRT3) project, which will integrate the existing MRT and Light Rail Transit (LRT) lines as well as new lines being built such as the MRT2 and LRT3, in the Klang Valley.

Posted by pamaladu > 2019-09-26 11:30 | Report Abuse

https://www.ecnmag.com/blog/2019/01/what-5g-means-future-internet-things

Posted by James Ng > 2019-09-26 11:34 | Report Abuse

https://klse.i3investor.com/blogs/general/226849.jsp
[转贴] [GEORGE KENT MALAYSIA BHD：水表部门的业绩反映出较低的出口销售和利润率] - James的股票投资James Share Investing

Posted by SHQuah > 2019-09-26 11:38 | Report Abuse

https://www.ecnmag.com/blog/2019/01/what-5g-means-future-internet-things

Smart cities: 5G will enable wider applications in smart city initiatives from water and waste management, traffic monitoring to enhanced healthcare facilities. Smart Cities will enjoy the benefits of the new generation network as more and more sensors make their way into city infrastructure. Not only will 5G be capable of handling the massive data load, but it will also make the integration of various intelligent systems, constantly communicating with each other a reality, bringing the vision of a truly connected city closer.

Posted by MohdIbrahim > 2019-09-26 12:03 | Report Abuse

waiting for qr results

Posted by Newbieinshare > 2019-09-26 12:32 | Report Abuse

Dreaming... qr aledy out 2 says ago

Posted by RainT > 2019-09-26 15:49 | Report Abuse

yesterday GKENT do share buy back

seem management have confident in GKENT & at this price they feel is undervalue so buy back it

Posted by SHQuah > 2019-09-26 18:13 | Report Abuse

Today share buy back again.

Posted by SHQuah > 2019-09-27 11:55 | Report Abuse

https://klse.i3investor.com/servlets/ptres/52432.jsp

OUTPERFORM maintained. We reiterate our OUTPERFORM call and an unchanged SoP-driven Target Price of RM1.15

The rail projects eyed in the near term are mostly from overseas i.e. Singapore LTA Track Works, and Bangkok Orange Line 2nd Phase Track Works

Posted by SHQuah > 2019-09-27 19:08 | Report Abuse

Closing share buy back at 1.05 just to support the closing price.

Posted by RainT > 2019-09-27 19:35 | Report Abuse

today buy back 1.05

Posted by SHQuah > 2019-09-28 16:18 | Report Abuse

Need to wait until next year.

Posted by SHQuah > 2019-09-30 10:59 | Report Abuse

https://www.theedgemarkets.com/article/george-kent-seen-grow-metering-unit

Maintain outperform with an unchanged target price (TP) of RM1.15

Management is hopeful that the design for Light Rail Transit 3 (LRT3) can be finalised by year-end, while renegotiating a new contract with its work package contractors. Upon completion of its redesign, management hopes to resume work in full swing by early 2020.

As for future jobs, management is actively participating in more water and rail-related projects, which are water treatment plants overseas and locally with a total tender book of RM3.5 billion.

The rail projects eyed in the near term are mostly from overseas which are Singapore Land Transport Authority Track Works, and Bangkok Orange Line Second Phase Track Works.

Lastly, we do not rule out the possibility of acquisition of water-related companies overseas as part of their strategy to expand their footprint beyond Southeast Asia.

Posted by Fooksing Wong > 2019-09-30 16:46 | Report Abuse

i think GKENT will fly soon. :)

Posted by gorengking69 > 2019-09-30 17:06 | Report Abuse

The future seems bleak for gkent. Those who bought above 1.60 must plan for a good cut loss point. No news regarding megaprojects for now. Technical also looking like its going down or sideways for some long period

Posted by RainT > 2019-09-30 19:19 | Report Abuse

Really not understand Mahathir

rather than go kepoh kepoh with other countries issue (Rohinya in Myanmar, Ufgur in China, Palestin in Israel etc)

why not put effort to develop Msia econmy , plan and annouce new mega projects to boost economy but keep on delay and delay

Posted by amzarb44 > 2019-10-02 02:33 | Report Abuse

RainT you chose then get it la.... Bodoh bising2 apesal?

Posted by Fooksing Wong > 2019-10-02 14:05 | Report Abuse

GKENT AFTER DIVIDEN WILL FILY

Posted by Jason Toshi Ho > 2019-10-02 15:32 | Report Abuse

01-Oct-2019 01-Oct-2019 Buyback 30,000 1.040 1.040
30-Sep-2019 30-Sep-2019 Buyback 50,000 1.020 1.040
27-Sep-2019 27-Sep-2019 Buyback 50,000 1.050 1.050
26-Sep-2019 26-Sep-2019 Buyback 50,000 1.040 1.050
25-Sep-2019 25-Sep-2019 Buyback 106,000 1.020 1.030

Description Interim Single-tier dividend of 1.5 sen per ordinary share
Amount RM 0.015
Ex Date 09-Oct-2019
Entitlement Date 10-Oct-2019
Payment Date 31-Oct-2019

I would say a company that buys back its own shares at low cheap prices, announces a dividend of 1.5 cent per share (8 million in dividends), is looking at a 6.7% dividend yield (based on last year dividends, this year definitely less), a return of revenue income from LRT3 and MRT2 next year (11 billion and 1 billion), a new product in smart meter (which they are local market leader in hongkong and singapore and malaysia) with technology sharing with honeywell (market leader in automation), where the smart meter sales are already in place with gkent to cover (exclusively sell) asia territories 26 in total including 15 new asian territories (https://www.theedgemarkets.com/article/george-kent-gets-honeywell-licence-manufacture-water-meter-components), guaranteed sales with more in the years to come.

I really dont see why you feel the future is bleak. But to each his own.

All I see is discount day, and more purchases on my end.

All the announcements have been made, now is just to collect and wait for the incoming revenue realization and profit returns.

Did I mention that GKENT has more than 235 million in cash on 70 million debt? With such a shareholder centric approach, and good well run management

>>>>>

gorengking69 The future seems bleak for gkent. Those who bought above 1.60 must plan for a good cut loss point. No news regarding megaprojects for now. Technical also looking like its going down or sideways for some long period
30/09/2019 5:06 PM

Posted by Jason Toshi Ho > 2019-10-02 15:32 | Report Abuse

The ramifications of this seem simple, but are actually very deep if you consider it.

>>>>>>>>>>

The group will continue to sell the products to Elster Group for its sales into other worldwide markets.

Posted by SHQuah > 2019-10-02 16:40 | Report Abuse

Stock market keep on going down.
Malaysian has no confident with PH.
Next month Johor Bi election, PH going to lose.

Posted by RainT > 2019-10-02 17:37 | Report Abuse

yes

very high chance PH will lose

very teruk this PH

global economy already bad plus with useless PH = is doom for Msia

Posted by gorengking69 > 2019-10-02 19:38 | Report Abuse

Lets see hows budget 2020

Posted by ming > 2019-10-02 23:58 | Report Abuse

Surprisingly no share buy back today.

Posted by RainT > 2019-10-03 12:49 | Report Abuse

Run out of money

so stop a while buy back

will back to buy back game soon

Posted by RainT > 2019-10-03 15:23 | Report Abuse

today can below 1.00
?

Posted by RainT > 2019-10-03 17:24 | Report Abuse

tomorrow below 1.00

haha

Posted by Fabien "The Efficient Capital Allocater" > 2019-10-03 17:26 | Report Abuse

don't get me excited.

i will collect below 1.

Posted by SHQuah > 2019-10-03 19:12 | Report Abuse

Today share buy back