GEORGE KENT (M) BHD

KLSE (MYR): GKENT (3204)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.49

Today's Change

+0.01 (2.08%)

Day's Change

0.48 - 0.50

Trading Volume

908,400


15 people like this.

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

freddiehero

16,715 posts

Posted by freddiehero > 2020-03-08 09:54 | Report Abuse

if goverment no easy money from oil, u think construction can easy get profit ka?

Veronteo

20 posts

Posted by Veronteo > 2020-03-08 10:04 | Report Abuse

Gkent boss got play golf with muhiddin ?

SHQuah

5,363 posts

Posted by SHQuah > 2020-03-08 10:07 | Report Abuse

Results should be out the month end with dividend.

SHQuah

5,363 posts

Posted by SHQuah > 2020-03-08 10:08 | Report Abuse

As share price going down, PE ration also going down. Dividend % going higher.

Trade111

101 posts

Posted by Trade111 > 2020-03-08 15:36 | Report Abuse

KUALA LUMPUR: The contract price for a part of the remodelled Light Rail Transit Line 3 (LRT3) has been revised to RM536.8mil versus its earlier price tag of RM760.55mil, TRC SYNERGY BHD said.

Trade111

101 posts

Posted by Trade111 > 2020-03-08 15:37 | Report Abuse

MGK will deal with a lower project cost

calvintaneng

54,926 posts

Posted by calvintaneng > 2020-03-09 08:50 | Report Abuse

After dead cat bounce GK will Go Kaput below 80 sen!!!

RainT

8,448 posts

Posted by RainT > 2020-03-09 12:34 | Report Abuse

last few days up is just 1 day show

now drop until mother also cannot recognise

Posted by Philip ( 2.3% fatality rate, 80% recovery rate age 10-40) > 2020-03-09 12:37 | Report Abuse

Yes, old news. And GKENT as the new maincon will enjoy the difference.

>>>>>>
Trade111 MGK will deal with a lower project cost
08/03/2020 3:37 PM

Posted by Philip ( 2.3% fatality rate, 80% recovery rate age 10-40) > 2020-03-09 12:38 | Report Abuse

Malaysia government is not 100% from oil like Brunei.
Malaysia pay huge income tax, got manufacturing of semiconductors, got tourism.

And contract already sign. So what are you talking about?


>>>>>>>


freddiehero if goverment no easy money from oil, u think construction can easy get profit ka?
08/03/2020 9:54 AM

ks55_

569 posts

Posted by ks55_ > 2020-03-09 12:39 | Report Abuse

Very chun prediction.

calvintaneng After dead cat bounce GK will Go Kaput below 80 sen!!!
09/03/2020 8:50 AM

ks55_

569 posts

Posted by ks55_ > 2020-03-09 12:40 | Report Abuse

Najib and Muhyiddin is enemy haha.

Veronteo Gkent boss got play golf with muhiddin ?
08/03/2020 10:04 AM

qqq33333333

3,053 posts

Posted by qqq33333333 > 2020-03-09 12:41 | Report Abuse

philips...........nothing changed...........except stock market.............



well...traders say stock market is the real money........

ks55_

569 posts

Posted by ks55_ > 2020-03-09 12:43 | Report Abuse

<0.7 after Mar QR? 0.5 is safer why pay so high?

popo92

578 posts

Posted by popo92 > 2020-03-09 13:35 | Report Abuse

the only cost is time now..

Begineer

482 posts

Posted by Begineer > 2020-03-09 17:54 | Report Abuse

Hold if you believe in this company. Sell if not.

oasischeah

1,461 posts

Posted by oasischeah > 2020-03-10 11:09 | Report Abuse

Wait for it below 70 sens.

Posted by Johnson Wong > 2020-03-10 15:33 | Report Abuse

HSR revived soon, limit up

RainT

8,448 posts

Posted by RainT > 2020-03-10 15:59 | Report Abuse

got annoucement about HSR?

SHQuah

5,363 posts

Posted by SHQuah > 2020-03-10 20:43 | Report Abuse

More and more share buy back volume. Less and less weak shares holders. Remaining all strong share holders.

maoyap

267 posts

Posted by maoyap > 2020-03-11 16:48 | Report Abuse

gogogogo

RainT

8,448 posts

Posted by RainT > 2020-03-12 12:35 | Report Abuse

after so long and so much share buy back

hope 70 sen is well supported

if not....share buy back is a waste only

SHQuah

5,363 posts

Posted by SHQuah > 2020-03-12 14:43 | Report Abuse

Market down should be the time to buy and not sell.
So many people selling like the end of the world ?

anticonman

533 posts

Posted by anticonman > 2020-03-12 14:45 | Report Abuse

Bec can get 50 sen?

oasischeah

1,461 posts

Posted by oasischeah > 2020-03-12 15:09 | Report Abuse

Tomorrow hope to get below 70 sens. Dow futures indicate downtrend again.

singh1

1,008 posts

Posted by singh1 > 2020-03-13 04:59 | Report Abuse

Dow crash already lo. 10%!!! 2300 points !!!

Posted by Philip ( 2.3% fatality rate, 80% recovery rate age 10-40) > 2020-03-13 05:36 | Report Abuse

RainT, there is no such thing as a wasted share buyback.

>>>>>>>
RainT after so long and so much share buy back

hope 70 sen is well supported

if not....share buy back is a waste only
12/03/2020 12:35 PM

oasischeah

1,461 posts

Posted by oasischeah > 2020-03-13 07:40 | Report Abuse

Dow was badly hit yesterday and hope it will not continue today.

Posted by TillyLovers > 2020-03-13 09:08 | Report Abuse

wow, suddenly drop to RM0.56

v1vin

69 posts

Posted by v1vin > 2020-03-13 09:11 | Report Abuse

woah panic sells

papparich

216 posts

Posted by papparich > 2020-03-13 09:41 | Report Abuse

Gkent super yummy now! In!

prince4

1,459 posts

Posted by prince4 > 2020-03-13 09:42 | Report Abuse

Covid-19 make economy slown down fundamental company will metamorphism and company with high debt will the time to collapse.Expect local and foreign funds money would not flow in big cap and mid cap stock because everybody scare buy high losses money . In this few month expect Funds manager money would flow out in bigcap and midcap stocks and will short selling midcap stocks for make money so now no prospects cannot buy and hold.
market stock RM5.00 drop to RM 2.00 ,followed RM2.00 drop RM1.00,followed RM1.00 drop to 50 cent,followed 50 cent drop to 20cent ,followed 20 cent drop to 10cent ,followed 10cent drop to bottom.
High debt company cannot hold ,high prices stock cannot hold , market never sleep money never sleep just buy bottom low prices with cash rich company . This is a opportunity markets smarts money no longer will flows in cheaper stocks sharks will goreng lows price stock at bottom..

papparich

216 posts

Posted by papparich > 2020-03-13 09:46 | Report Abuse

basically travel related, but as for others life goes on. Another thing is Pandemic Panic will stop when people learn to accept Covid-19 as a new member of the virus family. "Oh you got CoVid...just rest and take care"....

oasischeah

1,461 posts

Posted by oasischeah > 2020-03-13 10:22 | Report Abuse

Ah Yoh Yoh !! Surprise me .Drop less than 60 sens now. What is happening ladies and gentlemen ??

PN17

321 posts

Posted by PN17 > 2020-03-13 11:07 | Report Abuse

erkongseng
GKENT - Gkent is of a more structurally risky nature, I doubt that not. With the change of government recently and the problems surrounding, I do worry about project cancellation and delays. However, I believe this will not be the case, as GKENT has been able to work with both the BN government and PH government in doing the massive 11 billion LRT3 project (43% completion and submission for claim expected in 2020). But looking at the scenarios available, and as this is my main margin play for the year of 2019, this is a work in progress that I am monitoring quarterly. There are cancellation penalties (if 43% completion as per progress, this must be paid out for works done and billed. hopefully quickly) I do not doubt GKENT will make a profit this year and many years after that, and I do not underestimate their revised partnership and technology transfer with Honeywell. However, this is a margin play, medium risk for high return play, and caution is to be advised. This is a very small part of my portfolio, but it is also one that I have bigger and bigger confidence in as quarterly results come up.

I am a net buyer. I have bought (on margin) an additional position of 1 million shares at 0.88 cents and continue to pile my dividends into buying back shares of GKENT. Interestingly enough, GKENT management also has the same opinion as I do. So far, they have spent RM25 million in buying back more than 6% of outstanding shares, given out 6% in dividends, and in every action they are doing they are telling me to KEEP CALM AND HOLD ON. The CEO of the company Mr Tan Kay Hock has also not sold a single share, and has actually increased his position, which gives me hope that the business will do well in the long term.

The best form of security is sometimes from the management and controlling shareholders. IF the CEO tells you that his entire networth is in the company, and if we win or lose toghether, ride the ups and downs together.

That is good enough for me. At these prices, I am willing to wait

erkongseng: 加倉87sen gkent

People's who listen erkongseng comment buy gkent in 87 cents now can jump into sea

Robinson

2,808 posts

Posted by Robinson > 2020-03-13 11:10 | Report Abuse

lol.

RainT

8,448 posts

Posted by RainT > 2020-03-13 12:09 | Report Abuse

drop over 20% in 1 day

K-Den

711 posts

Posted by K-Den > 2020-03-13 12:26 | Report Abuse

haha, let's continue collect dividend for next 3 years from Gkent

oasischeah

1,461 posts

Posted by oasischeah > 2020-03-13 13:39 | Report Abuse

Dow Jones futures indicate downtrend again. Must be careful. Wait for Monday is safer Don't rush in yet.

Posted by Philip ( 2.3% fatality rate, 80% recovery rate age 10-40) > 2020-03-13 15:07 | Report Abuse

Pretty much time to collect at all time lows. GKENT revenue and return has nothing to do with current economic scheme.

GKENT already submitted 43% of works completion to prasarana. If government cancel, the penalties and cancellation costs will be extravagant. Plus no reason to cancel, as the project is severely needed and already cut down to very low levels.

GKENT Share price is also severely underpriced, with 200 million in cash, you are basically buying 158 million in a business that will do 13 billion in the next 4 years.

Time to shoot fish in a barrel.

stockraider

31,556 posts

Posted by stockraider > 2020-03-13 15:11 | Report Abuse

Remember Gkent highly dependent on Govt hand out mah...!!

The new govt...malay 1st govt policy......do u think gkent can cari makan leh ??

Even Gkent leftover LRT project from PH...the contract value had been cut by 30% loh..... !!...!!

Ask yourself, if a contract value cut by 30%...how much will it affect margin and profit leh ??

Posted by Philip ( 2.3% fatality rate, 80% recovery rate age 10-40) > Mar 13, 2020 3:07 PM | Report Abuse

Pretty much time to collect at all time lows. GKENT revenue and return has nothing to do with current economic scheme.

GKENT already submitted 43% of works completion to prasarana. If government cancel, the penalties and cancellation costs will be extravagant. Plus no reason to cancel, as the project is severely needed and already cut down to very low levels.

GKENT Share price is also severely underpriced, with 200 million in cash, you are basically buying 158 million in a business that will do 13 billion in the next 4 years.

Time to shoot fish in a barrel.

SHQuah

5,363 posts

Posted by SHQuah > 2020-03-14 07:40 | Report Abuse

US Dow up 1985 points. Monday up up up.

Icon8888

18,658 posts

Posted by Icon8888 > 2020-03-14 07:47 | Report Abuse

Bought some at 60 Sen yesterday

SHQuah

5,363 posts

Posted by SHQuah > 2020-03-14 10:08 | Report Abuse

At current close price at 0.655 cents. Dvidend = 9.16%. PE ratio= 6.95

SHQuah

5,363 posts

Posted by SHQuah > 2020-03-14 10:10 | Report Abuse

NTA = 92 cents. EPS - 9.42. where can we find such a good under value stock.

Sslee

5,435 posts

Posted by Sslee > 2020-03-14 10:15 | Report Abuse

Haha
Insas half year already earned 7.4 cents
NTA 2.68 and holding 600+ million of Inari shares as associate company.

Posted by Philip ( 2.3% fatality rate, 80% recovery rate age 10-40) > 2020-03-14 10:22 | Report Abuse

Cash gain or just fair value?

GKENT share buybacks, 13 billion and money in bank is all pure cash.

GKENT has done more than 6% share buybacks and dividends payout.

600 million shares in inari if worth 700 million ringgit. What is the price of forced sales?

What happens after selling of inari share to invest in new business? Will it be loss making or profitable?

Why INSAS undervalue but management don't value it enough to do share buybacks?

Posted by Philip ( 2.3% fatality rate, 80% recovery rate age 10-40) > 2020-03-14 10:25 | Report Abuse

Gkent buying back shares at super discount. Buying it back at cheap prices instead of rm4 highs.

What does this mean? Without lifting a single finger my ownership of gkent increases. Just by staying calm and steady.

480 thousand shares at cheap prices.


>>>>>>>

13-Mar-2020 13-Mar-2020 Buyback 480,000 0.590 0.680 View Detail
12-Mar-2020 12-Mar-2020 Buyback 60,000 0.715 0.730 View Detail
11-Mar-2020 11-Mar-2020 Buyback 70,000 0.760 0.780 View Detail
10-Mar-2020 10-Mar-2020 Buyback 160,000 0.720 0.755 View Detail
09-Mar-2020 09-Mar-2020 Buyback 125,000 0.745 0.755 View Detail
05-Mar-2020 05-Mar-2020 Buyback 10,000 0.840 0.840 View Detail
03-Mar-2020 03-Mar-2020 Buyback 40,000 0.855 0.860 View Detail
28-Feb-2020 28-Feb-2020 Buyback 30,000 0.815 0.840 View Detail
27-Feb-2020 27-Feb-2020 Buyback 70,000 0.855 0.860 View Detail
26-Feb-2020 26-Feb-2020 Buyback 10,000 0.865 0.875 View Detail
25-Feb-2020 05-Mar-2020 Buyback 180,000 0.815 0.875 View Detail
25-Feb-2020 25-Feb-2020 Buyback 20,000 0.875 0.875 View Detail
20-Feb-2020 20-Feb-2020 Buyback 20,000 0.905 0.905 View Detail
19-Feb-2020 19-Feb-2020 Buyback 10,000 0.900 0.900 View Detail
18-Feb-2020 18-Feb-2020 Buyback 20,000 0.905 0.905 View Detail
17-Feb-2020 17-Feb-2020 Buyback 10,000 0.925 0.925 View Detail
12-Feb-2020 20-Feb-2020 Buyback 70,000 0.860 0.925 View Detail
12-Feb-2020 12-Feb-2020 Buyback 10,000 0.860 0.865 View Detail
11-Feb-2020 11-Feb-2020 Buyback 10,000 0.850 0.860 View Detail
10-Feb-2020 10-Feb-2020 Buyback 10,000 0.845 0.850 View Detail
07-Feb-2020 07-Feb-2020 Buyback 20,000 0.845 0.855 View Detail
06-Feb-2020 06-Feb-2020 Buyback 70,000 0.840 0.855 View Detail
05-Feb-2020 05-Feb-2020 Buyback 65,000 0.835 0.840 View Detail
04-Feb-2020 04-Feb-2020 Buyback 6,000 0.840 0.845 View Detail
03-Feb-2020 03-Feb-2020 Buyback 20,000 0.845 0.845

10bagger10

1,007 posts

Posted by 10bagger10 > 2020-03-14 11:02 | Report Abuse

Estimated eps how much ya sifu?

Posted by Philip ( 2.3% fatality rate, 80% recovery rate age 10-40) > 2020-03-14 11:03 | Report Abuse

I don't have an exact figure but approximations. The thing I do have is management is confident enough it will make money that they are buying back as many shares as possible.

Post a Comment
Market Buzz