Hospital endocrine Putrajaya projects has been in finl stages. And LRT klang line has been progress well. I think constructions billing revenue will taken place this quarter.
Now game over? While I'm enjoying 7% dividend and constant buyback from management ( increasing shareholder value) and allowing me to buy more stock at cheaper prices?
So funny, especially from someone who bought TALAMT and scomies and many bad stocks.
Good luck to you in your foolish asset assumptions.
Hi Calvin tan, even management has faith in gkent, backed by a few hundred million of cash. Ask me if I am worried, profitable company, shareholder centric company, 7% sustainable dividends ( more for me if treasury shares increases) and most importantly...
Most importantly Calvin, is the company profitable? Yes. Is the dividend from free cash flow? Yes. Is the company net cash? Very much so. Is the company getting big project orders? Yes the 16 billion is still in the works.
Am I worried? Of course not. I can guarantee the next quarter will have another dividend payment, rewarding me for waiting.
I expect coming quarter results still positive but not as good as last year 2018. Dividend could be lower. But next year should be better if we compare 2020 vs 2019. So it is good to accumulate at current price if you plan to hold for more than 6 months.
i have some at RM0.95, but I am greedy that I did sell today at a rather high price. Now the price drop back to RM0.985. Should I sell at RM0.985 tomorrow or it will rise again?
Yes, It will retreat gradually after its high today. I can't see where the big sellers are coming from. The should be very few contra sellers now on this counter.
1) Construction and Completion of Light Rail Transit Line 3 (LRT3) from Bandar Utama to Johan Setia 2) Construction and Completion of MRT Sungai Buloh-Serdang-Putrajaya Work Package SSP-SY 3) Design and Build 150-Bed District Hospital in Tanjung Karang 4) Design and Build 220-Bed Endocrine Hospital in Precinct 7, Putrajaya
Not sure if short term serve well or not, but the dividend yield itself is attractive enough and they likely afford to sustain this dividend with their coming earnings, with 200million backup.
Don't get caught by the small numbers of sellers. It will keep coming after you buy them up. You can't fight the syndicates. Follow the flow and wait the lowest price possible.
No such thing as teamwork in a casino. If everyone else bet big and I am the only one bet small, no one is going to tolong me if the result is big. Might as well result be small and I win. My issue with Gkent is they still have not won a single new contract since the election in May 2018 and that's 18 months ago.
Ramunia.... No need to tell also know this year profit is lower compare to 2018. We are taking about 2020. Next year is going to be better compare to 2019 as LRT3 revenue and profit is recorded.
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Posted by CKN > 2019-12-06 23:06 | Report Abuse
Hospital endocrine Putrajaya projects has been in finl stages. And LRT klang line has been progress well. I think constructions billing revenue will taken place this quarter.