Posted by m_aloha > 2019-11-21 20:40 | Report Abuse

Quite counter..down side very limited..time to acc

Posted by somo1 > 2019-11-21 21:31 | Report Abuse

Seems LRT3 likely to suffer from cost over-run. Previosly as PDP, any cost over-run, just ask the government or Prasarana to top up. But now as a turnkey operator, the risk is with GKent/MRCB. Guess Gkent is the one doing the work but the other partner is a passive partner. Same like many infra projects previously done by Gamuda/MMC. Take a guess which party was doing the actual work whilst the other was just responsible in counting money?

Posted by ming > 2019-11-21 22:31 | Report Abuse

Lrt 3 contribution improve q-q anyway..

Posted by SHQuah > 2019-11-22 08:09 | Report Abuse

https://www.thestar.com.my/business/business-news/2019/11/21/mrcb-post-lower-q3-profit-sees-pick-up-in-construction-sector

MRCB - The group expects construction progress, including the Light Rail Transit line 3 (LRT 3) project, to pick up pace from the fourth quarter onwards and boost its revenue and operating profits going forward.
"The LRT3 project, which is currently 23%completed, will see the pace of its profit recognition accelerate in line with construction completion by 2024."

Posted by RainT > 2019-11-22 09:32 | Report Abuse

MRCB result out

profit big drop

partly due to last comparision have 1 off land dispose gain

the other part is due to : DELAY IN LRT PROJECT CAUSE THE RECOGNITION TO BE SLOW, THIS LOWER REVENUE , LOWER PROFIT

coming GKENT result , u know i know la

plus GKENT have finish bullets stop buy back since 12Nov (maybe anticipate will get lower or maybe finish cash to buy back )

Posted by RainT > 2019-11-22 09:34 | Report Abuse

wah need have super holding powder and patience lo

until year 2024

Posted by Milky00 > 2019-11-22 09:55 | Report Abuse

SHQuah you stuck a lot ?

Posted by gorengking69 > 2019-11-22 10:22 | Report Abuse

Dare to buy. Dare to lose. Lets see how the 1.00 support works

Posted by SHQuah > 2019-11-22 11:04 | Report Abuse

I will hold until end of next year and see the result with LRT3 factor in ?
A weak 2019 earnings growth paves the way for a stronger 2020 earnings picture, boosting stocks.

Posted by RainT > 2019-11-22 12:50 | Report Abuse

@SHQUAH

pray hard,hope what u said above is correct ...

Posted by PotentialGhost > 2019-11-22 23:01 | Report Abuse

Ya what a shame pH govement , everyday done idiot thing and talk malaysia bangkrup . foreign sell everyday in bursa , Vote this pukimak pH govement really idiot , see malaysia stock market sentiment how bad now .

Posted by K-Den > 2019-11-24 19:21 | Report Abuse

I also bought a lot, we continue buy when people fear

Posted by gorengking69 > 2019-11-25 09:12 | Report Abuse

Without mrcb price movement, gkent alone wont move.

Posted by Jack Kee > 2019-11-25 10:35 | Report Abuse

Is there any bad news? Why is the stock price still falling?

Posted by oasischeah > 2019-11-25 10:49 | Report Abuse

Beware - Syndicates sell to push down the prices. Some people got lots of money hidden and can afford to loose.. MOF should have experts or professiionals to deal with the sharks. Sooner or later the crooks will be caught.

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

So far no direct bad news to GKENT yet

all bad news alreday become public news before this

just MRCB bad result might mirror GKENT coming qtr result out in Dec

Posted by papparich > 2019-11-25 11:28 | Report Abuse

Most Investors suffers from what its known as a Gambler's Fallacy. News of what is about to come is no different than weather forecast.

Posted by RainT > 2019-11-25 11:33 | Report Abuse

@paparich

why u deleted you early comment before this? lol

Posted by SHQuah > 2019-11-25 12:22 | Report Abuse

Bought some at 98.5.

Posted by kent_1 > 2019-11-25 17:33 | Report Abuse

Company continue to share buy back

Posted by EDWARDNG > 2019-11-25 21:10 | Report Abuse

Hammer is formed today , with volume higher than the past two days'. Bullish reversal pattern.

Posted by SHQuah > 2019-11-25 22:53 | Report Abuse

Tomorrow if below 98 sen will buy more.

Posted by RainT > 2019-11-25 23:33 | Report Abuse

after few weeks stop share buy back

today drop below RM1, do share buy back again

if manage to get below RM1, think very safe , high margin of safety

Posted by RainT > 2019-11-25 23:34 | Report Abuse

below RM1

definitely a buy

Posted by papparich > 2019-11-26 10:18 | Report Abuse

@RainT I deleted because I was trying to make a point but after reading it, find it to be a little insensitive especially to those who invested in this counter - so I just remove it.

Posted by papparich > 2019-11-26 10:50 | Report Abuse

FCF yield has dropped 5.6%, their PEG (price to earnings) now at 1.26 which a mildly bad. Yes they are using cash flow to stabilize the market, so selling eases a little. However, Q2Q has declined 12.47% and their digital metering still at infant stage. That is why analyst are lowering the price target each quarter. Upside, there is a technical support at 0.98. But once this support is broken,...er...

Posted by gorengking69 > 2019-11-26 18:17 | Report Abuse

Good analysis @papparich nice to here a good review rather than opinions

Posted by amzarb44 > 2019-11-26 18:48 | Report Abuse

MMCCORP profits up from higher contributions from KVMRT-SSP line, do GKENT will benefit too?

Posted by popo92 > 2019-11-26 22:36 | Report Abuse

i expect coming quarter we will see a yoy decrease, but a qoq improvement... 12mil-15mil would be an roughly estimation

Posted by Cockroach Paul Lee > 2019-11-26 23:57 | Report Abuse

Below 1.00.......... haiz...... Q3 got dividend n Q4 final dividend will be appreciate very very much...
Amen
Amitofu
Allehluya

Posted by SHQuah > 2019-11-27 07:41 | Report Abuse

Share buy back again.
Below RM1.00 is a good buy. Accumulate more for better future.

Posted by m_aloha > 2019-11-27 09:25 | Report Abuse

Yes, accumulation time

Posted by Ncm88 > 2019-11-27 13:14 | Report Abuse

Gg follow ks55 go holland already

Posted by RainT > 2019-11-27 15:50 | Report Abuse

all request buy at 98 sen matched finished

Posted by RainT > 2019-11-27 15:51 | Report Abuse

now see break 97.5 sen soon....

Posted by SHQuah > 2019-11-27 18:58 | Report Abuse

M for mistake. Dr M and LGE useless person. Must steps down. Share buy back also can't support.

Posted by Cockroach Paul Lee > 2019-11-27 19:30 | Report Abuse

Dr.M prefer car industry.......... Gkent wait for another 2years

Posted by m_aloha > 2019-11-27 20:54 | Report Abuse

Wait for 3 years after pru can go back to rm4 if only....The glory of klse is history under someone that said bought property much below below market price Is not conflict of interest. Pity..

Posted by RainT > 2019-11-28 00:08 | Report Abuse

Really terrible, PH busy do fly car, national car also don't know for what....

construction project keep on delay, blaming on BN keep going on, flip flop keep on happen and incompetent economy policy....

Posted by PotentialGhost > 2019-11-28 00:17 | Report Abuse

Since change pH govement apa lancau pun drop ,good result drop ,bad result drop and Malaysia get downgrade everywhere ， itu la pukimak pH gov.

Posted by ming > 2019-11-28 01:24 | Report Abuse

Tan sri lagi sad.. net worth drop jor 75%

Posted by gorengking69 > 2019-11-28 09:36 | Report Abuse

Collapse any moment now

Posted by SHQuah > 2019-11-28 10:08 | Report Abuse

Current price is very close to NTA.
Cash rich company and High Net Asset value.
Company actual worth with Goodwill is already more than current share price.
Company started since 1936, every year making profit and with good dividend yield.
Why keep droping ?

Posted by pamaladu > 2019-11-28 10:25 | Report Abuse

xmas sales

Posted by Nepo > 2019-11-28 10:26 | Report Abuse

dropping because no prospect..

Posted by oasischeah > 2019-11-28 11:34 | Report Abuse

Market up - GKent also down
Market down - Gkent also down.
Cash rich but the company is being pushed down by hidden personalities.
Let them push or force it down more.

Posted by m_aloha > 2019-11-28 13:44 | Report Abuse

Collect more..by QR can sell. Frequently SBB indicates company confidence on the future growth & current biz

Posted by papparich > 2019-11-28 15:43 | Report Abuse

They key factor of growth is moat! Moat is the reason what kept Nike, Google and etc up. With good moat, revenues should either sideline or show signs of of growth. If you chart Gkent's revenue, it is a yo-yo not a linear upwards. Revenues tells the story of growth not profitability. Profitability tells the story of managing costing.

Another factor also is China is competing in the same metering metering. Don't believe me? Just type this in google: Water Meter Alibaba. Tell me where's the moat? China even recently created a digital prepaid water meter which automatically cuts off after limit is hit.

P/E doesn't mean a thing these days. Google P/E is about 28 and yet, the company is constantly has reported strong growth. So that brings it down to only 2 strong point. Net cash and a hopeful construction revenues plus a dividend to keep customer's happy. With this 2 points, you can tell pretty much the kind of Investors here.

Posted by Jim Tan > 2019-11-28 16:09 | Report Abuse

it's relatively cheap price to enter. if you believe LRT3 can have a decent profit for the next few years.

just collect and keep.

Posted by RainT > 2019-11-28 21:07 | Report Abuse

@paparich

what u comment is like put a big slap on many in this forum who is still in dream, in a dream that GKENT will profit big in LRT 3 and digital meter
many is not willing to accept the truth (myself included)

you might be correct about your points, so lets see