GEORGE KENT (M) BHD

KLSE (MYR): GKENT (3204)

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Last Price

0.45

Today's Change

0.00 (0.00%)

Day's Change

0.445 - 0.45

Trading Volume

99,400


15 people like this.

18,219 comment(s). Last comment by gkent2000 16 hours ago

malpac63

208 posts

Posted by malpac63 > 2020-01-14 18:20 | Report Abuse

The days of gk at $3-$4 was because they had LRT3, MRT3 and bidding for HSR as well.

malpac63

208 posts

Posted by malpac63 > 2020-01-14 18:26 | Report Abuse

If LRT3 is going to give gkent such a boost, dont SBB 10k or 20k or even 50k. SBB 100k or 200k daily. Show the public you have confidence in your own company.

amzarb44

528 posts

Posted by amzarb44 > 2020-01-14 18:50 | Report Abuse

Malpac63, if tomorrow they got new rail projects i will buy moreee

malpac63

208 posts

Posted by malpac63 > 2020-01-14 19:06 | Report Abuse

Amzarb44, if tomorrow they get one, it won't be below $1 anymore.

amzarb44

528 posts

Posted by amzarb44 > 2020-01-15 00:07 | Report Abuse

Then buy now

Baby Shark

5,914 posts

Posted by Baby Shark > 2020-01-15 12:45 | Report Abuse

I everyday see dis lau nua..

oasischeah

1,461 posts

Posted by oasischeah > 2020-01-15 14:19 | Report Abuse

Expect to see much cheaper prices next week as most investors and speculators will also be gone on holidays.

yoyo

487 posts

Posted by yoyo > 2020-01-15 15:00 | Report Abuse

sliding down hill woh! Better stand side line first

stockraider

31,556 posts

Posted by stockraider > 2020-01-15 15:03 | Report Abuse

Remember do not believe Philip false assumption loh....even gkent get more LRT n MRT jobs, it may mean more losses bcos profit margin quite thin loh.....!!

Better avoid loh.....!!

Baby Shark

5,914 posts

Posted by Baby Shark > 2020-01-15 16:05 | Report Abuse

Now I more lau nua..

malpac63

208 posts

Posted by malpac63 > 2020-01-15 18:32 | Report Abuse

To be fair, Philip wont have the LRT3 margins but TKH will have some preliminary figures by now. If the margins are as good as some suggest, spend $10m of the $200m in the bank and SBB 200k daily. Assuming at $1 a share, you'll need 50 trading days to do it. SBB 20k shares like today is an insult to the minority shareholders.

SHQuah

5,363 posts

Posted by SHQuah > 2020-01-15 18:44 | Report Abuse

SBB just to support closing price. I would prefer them to keep the money for expansion. No point guessing. Just wait for LRT3 revenue and profit factor in later, then we will know the actual number. LRT3 revenue may defer as projects too complicated. Gkent is a very small paid up capital company. No point taking too many jobs. Just concentrate on LRT3 until 2024.

malpac63

208 posts

Posted by malpac63 > 2020-01-15 19:31 | Report Abuse

You are so right. The SBB is to support the closing price as some vested interest parties have nominee accounts and it is done for their own interest.

sell

2,453 posts

Posted by sell > 2020-01-16 11:24 | Report Abuse

Tun to remain as PM? So railway projects less and less? Why Tun ask contractors find railway jobs oversea?

oasischeah

1,461 posts

Posted by oasischeah > 2020-01-16 11:30 | Report Abuse

Next week will be much cheaper for most shares.

vincent27

614 posts

Posted by vincent27 > 2020-01-16 11:33 | Report Abuse

ok, will save the bullet for next week

papparich

216 posts

Posted by papparich > 2020-01-16 11:37 | Report Abuse

I have to agree with SHQuah with this. Focus is key importance over many jobs that may dilute profitability. But the LRT3, once a darling in Gkent's pipeline until Pakatan took over - so the profit margin has gone considerably smaller. Being a small player also means they can only afford a small margin of error. Any delay, any mishaps or mishandling large project is very risky to their business. JAKS couldn't deliver The Star building and see what they got into? In fact, I always wonder why they even want to commit such large project until I realize, if my golf buddy request it plus a promise of a handsome return, why not? More Wahyu Beef for me.

The government role is to conserve and increase national reserves. Not that they want to employ overseas workers but circumstantial to do so. Its a double edge sword thing: We all need the subway to be up because it will increase profitability over time but we are short on budget as well. Hence, foreign intervention comes to play.

SHQuah

5,363 posts

Posted by SHQuah > 2020-01-17 09:31 | Report Abuse

I still feel that it's over sold due to past history.

1) Small paid up capital
2) Company cash rich
3) Continue making Profit
4) Good Dividend.
5) Higher NTA

papparich

216 posts

Posted by papparich > 2020-01-17 10:13 | Report Abuse

Stay strong, I wish you all best of success and may this company shine again. Happy New Year guys and gals

SHQuah

5,363 posts

Posted by SHQuah > 2020-01-17 11:06 | Report Abuse

Dividend - Date Payable : 05 Feb 2020

Based on past record. Share price goes up after Dividend received.

stockraider

31,556 posts

Posted by stockraider > 2020-01-17 11:27 | Report Abuse

The negative is they will lose monies in their LRT jobs, thats why despite share buy back, dividend and management promotion the price cannot sustain & keep coming down loh...!!

2 points why LRT project will lose monies...1. Govt had cut the contract price. 2. Gkent dispute with its partner MRCB a potential indicator how they will share the potential losses loh....!!

Posted by SHQuah > Jan 17, 2020 9:31 AM | Report Abuse

I still feel that it's over sold due to past history.

1) Small paid up capital
2) Company cash rich
3) Continue making Profit
4) Good Dividend.
5) Higher NTA

Baby Shark

5,914 posts

Posted by Baby Shark > 2020-01-17 16:06 | Report Abuse

Lucky no buy..

firehawk

4,782 posts

Posted by firehawk > 2020-01-17 16:11 | Report Abuse

Very terrible thing! :-(

SHQuah

5,363 posts

Posted by SHQuah > 2020-01-17 17:56 | Report Abuse

Stockraider....how do you know they are making losses. Are you working in Gkent account department ? Please do not assume if you don't know which may be misleading. I am also not sure if they can make profit in Rail projects. But I am sure they are doing well in water meter and they are still cash rich. One thing for sure they won't go bankrupt. PH has cut the LRT3 projects cost at the say time projects has been simplify with lower cost.

Posted by gorengking69 > 2020-01-18 03:47 | Report Abuse

Everyday dreaming

oasischeah

1,461 posts

Posted by oasischeah > 2020-01-19 10:42 | Report Abuse

Buy at 85 sens this coming week

scotthong

73 posts

Posted by scotthong > 2020-01-19 16:24 | Report Abuse

GKENT (3204) - Technical and Fundamental Analysis
Technical Analysis
============
- After 14th General Election on 9 May 2018, GKENT shares price slashed by 63% from RM3.845 to RM1.415 within three working days.
- Then, it entered a long term consolidation phrase for around 1.5 years (Upper Line: RM1.315; Bottom Line: RM0.910)
- Recently, GKENT break-out the Triangle Pattern on Nov 29, 2019, and It tried to re-bounce back to RM0.985.
- It failed to sustain above RM0.985 and continue the downtrend after the Q32019 financial announcement.
- RSI become

More: https://www.fundamental-technical-analysis.com/

scotthong

73 posts

Posted by scotthong > 2020-01-19 16:26 | Report Abuse

GKENT (3204) - 技术和基础分析
技术分析
=======
- 在2018年5月9日举行的第14届大选后,GKENT股价在三个交易日内从3.845令吉下跌63%至1.415令吉。
- 然后,它进入了大约1.5年的大箱型整理阶段(上限:RM1.315;底线:RM0.910)
- 最近,GKENT于2019年11月29日突破三角形形态,并试图反弹至0.985令吉。
- 但2019年第三季度财政公告后,它未能维持在0.985令吉上方并继续下跌趋势。
- RSI呈现钝化状态

More: https://www.fundamental-technical-analysis.com/

scotthong

73 posts

Posted by scotthong > 2020-01-19 16:26 | Report Abuse

GKENT (3204) - 技术和基础分析
技术分析
=======
- 在2018年5月9日举行的第14届大选后,GKENT股价在三个交易日内从3.845令吉下跌63%至1.415令吉。
- 然后,它进入了大约1.5年的大箱型整理阶段(上限:RM1.315;底线:RM0.910)
- 最近,GKENT于2019年11月29日突破三角形形态,并试图反弹至0.985令吉。
- 但2019年第三季度财政公告后,它未能维持在0.985令吉上方并继续下跌趋势。
- RSI呈现钝化状态

More: https://www.fundamental-technical-analysis.com/

stkstudent

245 posts

Posted by stkstudent > 2020-01-19 16:45 | Report Abuse

@scotthong from the technical readings, what is the likely direction of GKENT's price movement and is it time to switch to a stock with better growth excitement ? tq

malpac63

208 posts

Posted by malpac63 > 2020-01-20 10:21 | Report Abuse

Look at what supplemental agreements on MRT2 has on Gamuda's share price in the last 2 trading days.

RainT

8,448 posts

Posted by RainT > 2020-01-20 11:47 | Report Abuse

Touched 0.86

RainT

8,448 posts

Posted by RainT > 2020-01-20 11:48 | Report Abuse

@stkstudent

what is other stock with better growth excitement? can share

Posted by Philip (Can I advise you?) > 2020-01-20 13:08 | Report Abuse

If you want to lie, then at least make some factual ideas, not brainless remarks.

1. Contract price cut yes, but new scope of work, based on revised design. That means less stations, less underground work ( which costs so much more), no more double track and double rail car. Everything cut by half, and no more interference from political crony to fit into the companies.

2. Dispute is because of conversion from PDP to fixed contract, meaning now they are a maincon charged with looking for funding for the project and completion. So the dispute is to finalize how the payment for the project will be carried out ( which gkent wants 50/50 to look for funding on both sides). Already done and over with.

Now we are only waiting for the project to collect money and complete on time.

Why tell lies stockraider?

You told lies when you said hengyuan going to 35.
You told lies when you said sapnrg going to be rm3.
You told lies green you say bjland confirmed buyout by major shareholder.
You told lies when insas going to do mgo and bet big on insas warrants.
You tell lies everyday.

How can you look at yourself in the mirror?
>>>>>>>

stockraider The negative is they will lose monies in their LRT jobs, thats why despite share buy back, dividend and management promotion the price cannot sustain & keep coming down loh...!!

2 points why LRT project will lose monies...1. Govt had cut the contract price. 2. Gkent dispute with its partner MRCB a potential indicator how they will share the potential losses loh....!!

stkstudent

245 posts

Posted by stkstudent > 2020-01-20 13:16 | Report Abuse

@RainT actually waiting for guru @scotthong tehnical view, put in layman terms..haha

oasischeah

1,461 posts

Posted by oasischeah > 2020-01-20 13:25 | Report Abuse

Just one more sen to 85 sens. Come, come, coming.

SHQuah

5,363 posts

Posted by SHQuah > 2020-01-20 15:20 | Report Abuse

I do not have accounting back ground but I hope I could understand how to calculate actual worth of Gkent - NTA

1) Land and Building (Gkent got a big piece of land and building) how much it's actual worth after revalue to actual market price ?
2) Fixed assets- Machines and equipment's
3) Inventory ?
4) Cash in hand and retain profit ?
5) Good will ?

NTA (net tangible Asset ) = 0.9178
Current price = 0.86 ? Why so many people keep on selling ?
Maybe should go private like Suiwah holding.

Posted by PotentialGhost > 2020-01-20 15:47 | Report Abuse

Haha 这只股 给 淋棍英 搞死了, 还搞死整个大马股市呢

Baby Shark

5,914 posts

Posted by Baby Shark > 2020-01-20 17:08 | Report Abuse

Talk what also I wait 0.65..

K-Den

711 posts

Posted by K-Den > 2020-01-20 17:08 | Report Abuse

really shit, omg, just bought 0.86, but hit record low 0.85, hold till cny next year

SHQuah

5,363 posts

Posted by SHQuah > 2020-01-20 18:20 | Report Abuse

Closing SBB until 0.865.

oasischeah

1,461 posts

Posted by oasischeah > 2020-01-20 21:54 | Report Abuse

GKent will stay around 85 sen this week.

Posted by syedluqman > 2020-01-20 22:18 | Report Abuse

I wait this stock stable price then buy.. just see the price drop first.. undervalue stock

rizerlee

752 posts

Posted by rizerlee > 2020-01-21 15:18 | Report Abuse

rise because of politician and fallen because of politician

ks55_

569 posts

Posted by ks55_ > 2020-01-22 08:52 | Report Abuse

0.58 more likely.

Baby Shark Talk what also I wait 0.65..
20/01/2020 5:08 PM

ks55_

569 posts

Posted by ks55_ > 2020-01-22 08:52 | Report Abuse

Tan Kay Hock margin call soon. Run.

Grace Loh

64 posts

Posted by Grace Loh > 2020-01-22 10:47 | Report Abuse

AIYOOO painnnnnn....

SHQuah

5,363 posts

Posted by SHQuah > 2020-01-22 11:59 | Report Abuse

Wait for 5 Feb 2020 Dividend money to buy more.

Begineer

482 posts

Posted by Begineer > 2020-01-22 13:23 | Report Abuse

Yea... agreed.

RainT

8,448 posts

Posted by RainT > 2020-01-22 15:53 | Report Abuse

why drop another low?
haiz

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