GEORGE KENT (M) BHD

KLSE (MYR): GKENT (3204)

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Last Price

0.345

Today's Change

+0.005 (1.47%)

Day's Change

0.335 - 0.35

Trading Volume

252,000


15 people like this.

18,225 comment(s). Last comment by gkent2000 1 month ago

Posted by OldWiseMan100 > 2021-11-26 08:37 | Report Abuse

not much mention of glove biz in qr report, your guess is as good as mine.... they gg themselves. now talk about tech and ev.... walao, become fintech liao? jump here jump there...

Begineer

482 posts

Posted by Begineer > 2021-11-26 13:08 | Report Abuse

Overly diversify to other business. New variant detected in afrika. Maybe the glove business will have chance.

Posted by OldWiseMan100 > 2021-11-27 07:33 | Report Abuse

nah, look at careplus and rubberex latest qr report. glove asp really gg

Icon 888

2,301 posts

Posted by Icon 888 > 2021-12-01 21:39 | Report Abuse

Waiting Rasau

Begineer

482 posts

Posted by Begineer > 2021-12-03 11:29 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/12/03/taliworks-wins-rm294mil-water-contract

Is this the rasau project we are talking about?

Begineer

482 posts

Posted by Begineer > 2021-12-03 11:44 | Report Abuse

Look like they lost the bidding. Too bad.

pamaladu

108 posts

Posted by pamaladu > 2021-12-03 15:15 | Report Abuse

there are three packages total RM2bil. one awarded to Taliworks, two more yet to be awarded

Icon 888

2,301 posts

Posted by Icon 888 > 2021-12-04 23:45 | Report Abuse

Bossku Sudah balik ke

Begineer

482 posts

Posted by Begineer > 2021-12-06 17:39 | Report Abuse

wao share buyback !!

Icon 888

2,301 posts

Posted by Icon 888 > 2021-12-06 22:31 | Report Abuse

Buy for dividen lo

gkent2000

268 posts

Posted by gkent2000 > 2021-12-27 10:23 | Report Abuse

PP also a bit useless, Dip and dip. Hope that 2022 will turn everything go better.

gkent2000

268 posts

Posted by gkent2000 > 2021-12-28 09:59 | Report Abuse

death fish ?

Begineer

482 posts

Posted by Begineer > 2021-12-28 13:01 | Report Abuse

yea no hope d

Icon 888

2,301 posts

Posted by Icon 888 > 2021-12-31 18:56 | Report Abuse

Ambitious boss .. I like it

Posted by Cockroach Paul Lee > 2022-01-02 00:52 | Report Abuse

Sapu all 0.625-0.64 …. I am the last one potato still believed in gKent… amitofu ….

Icon 888

2,301 posts

Posted by Icon 888 > 2022-01-05 10:35 | Report Abuse

Uncle George… kasi angpow

Posted by Cockroach Paul Lee > 2022-01-05 23:31 | Report Abuse

First water meter , then water work construction , followed by railway construction, recently into glove . 4 diversity all make money gKent Huat la…

Posted by InsiderShark > 2022-01-07 09:35 | Report Abuse

Looking at the stock price.... prior to that GKent used to do SBB every now and then at a few thousand ringgit, after the glove factory, they've stopped. Harta and TG also says ASP went back to pre-covid level already, this means GKent will probably lose money like MahSing. I'll wait for the QR.

Oh, and their railway... sold already, no more. Waterworks.... one more last package to win. Taliworks and Ranhill won, maybe last parcel give to gkent, wait loh.

eesquare

105 posts

Posted by eesquare > 2022-01-07 10:31 | Report Abuse

https://www.marconline.com.my/car/60538900365

Gkent has projected net negative cash flow from
operations this year due to their construction of Dynacare. We will be lucky if we can get 2.7c div this year. Both package 2 & 3 of rasau is won by taliworks. I don't think ranhill won anything.

Honestly, the chances for gkent to win package 1 is quite low, judging from the amount of strong tenderers like gamuda and Ijm. Gkent is rumored to have partnered with a state own entity to jointly bid. Could it be KPS?

Posted by InsiderShark > 2022-01-07 19:18 | Report Abuse

I see... thanks for correcting me. I misread ranhill. thought they won too.

gkent2000

268 posts

Posted by gkent2000 > 2022-01-17 11:49 | Report Abuse

Luckily previous wave cut loss half of it. But slightly sad la, Gkent used to be a very good company.

Icon 888

2,301 posts

Posted by Icon 888 > 2022-01-25 00:43 | Report Abuse

Depress price…huhu

Begineer

482 posts

Posted by Begineer > 2022-01-25 21:51 | Report Abuse

Hopeless

Begineer

482 posts

Posted by Begineer > 2022-01-28 13:09 | Report Abuse

bullrun 18, what makes you confident of this company? if you don't mind sharing

Icon 888

2,301 posts

Posted by Icon 888 > 2022-01-31 10:15 | Report Abuse

Mau cry lo

Icon 888

2,301 posts

Posted by Icon 888 > 2022-02-04 15:39 | Report Abuse

Uncle sam dah balik rumah.. uncle george masih tidur

Posted by Cockroach Paul Lee > 2022-02-09 01:34 | Report Abuse

Bought 0.625 20lot , still not giving up… I’m not giving up…. Haha
Wait 0.60 20lot/ 0.58 20lot / 0.56 20lot until 0.50

Posted by notcalvinlah > 2022-02-09 01:53 | Report Abuse

cash alot, but not sure how they can sustain

Begineer

482 posts

Posted by Begineer > 2022-02-10 20:06 | Report Abuse

Cockroach Paul Lee, Salute you.

mamatede

3,950 posts

Posted by mamatede > 2022-02-20 21:54 | Report Abuse

Their office at Puchong.. so sad...

Posted by seejovin88 > 2022-02-21 11:38 | Report Abuse

Biar uncle george tidur jap lagi

Posted by seejovin88 > 2022-02-21 11:38 | Report Abuse

Masa dia datang, Mesti power sangat

Posted by wayneforwin > 2022-02-21 12:13 | Report Abuse

today free free free money (ASET KAYAMAS)

https://klse.i3investor.com/blogs/f51ewf/2022-02-21-story-h1599205515-...

gkent2000

268 posts

Posted by gkent2000 > 2022-02-23 11:51 | Report Abuse

Quiet too long already, gkent, when you want to fly. ?

Posted by LongTermInvestor8 > 2022-02-23 18:46 | Report Abuse

walao eh...

Quote: "The construction of the Dynacare glove manufacturing plant is progressing as planned with the first dipping line commencing commercial glove production on 27 November 2021 and another five dipping lines to be completed by middle of the year."

Middle of the year will have 6 dipping line.... covid also ending liao.

Begineer

482 posts

Posted by Begineer > 2022-02-24 08:54 | Report Abuse

Time to give up d

Icon 888

2,301 posts

Posted by Icon 888 > 2022-02-28 14:40 | Report Abuse

Bye bye la

Posted by Cockroach Paul Lee > 2022-02-28 23:34 | Report Abuse

0.60…… sigh…… QR not really attractive to me. Wait 0.50 …..wait next qr

ytliew

2 posts

Posted by ytliew > 2022-03-02 10:15 | Report Abuse

Hi Sifus yang good in analysing financial reports:

How to tally the increase in the Investment in Associates (Balance Sheet) to the notes to the accounts?
31 December 2021 31 March 2021
Investment in associates 17,578 3,469

4 Changes in composition of the Group
(a) The Group, at an Extraordinary General Meeting held on 8 June 2021, received shareholders? approval for the proposed diversification of the Group?s existing business activities to include the manufacture, sale and
distribution of gloves through the approval of an investment in a 40% equity interest in Dynacare Sdn. Bhd.
("Dynacare").
(i) On 9 June 2021, the Company subscribed for 2,000,000 ordinary shares of RM1.00 each, representing 40%
equity interest in the share capital of Dynacare, for a cash consideration of RM2.0 million. Effective from that
date, Dynacare became an associate of the Group.
(ii) On 12 July 2021, the issued and paid up share capital of Dynacare was increased to RM10.0 million by the
additional allotment of 5,000,000 ordinary shares at an issue price of RM1.00 each. The Company subscribed
for additional 2,000,000 ordinary shares of RM1.00 each for a cash consideration of RM2.0 million.
(iii) On 7 October 2021, the issued and paid up share capital of Dynacare was increased to RM17.0 million by
the additional allotment of 7,000,000 ordinary shares at an issue price of RM1.00 each. The Company
subscribed for additional 2,800,000 ordinary shares of RM1.00 each for a cash consideration of RM2.8 million.
(iv) On 24 November 2021, the issued and paid up share capital of Dynacare was increased to RM42.0 million
by the additional allotment of 25,000,000 ordinary shares at an issue price of RM1.00 each. The Company
subscribed for additional 10,000,000 ordinary shares of RM1.00 each for a cash consideration of RM10.0
million.

Icon 888

2,301 posts

Posted by Icon 888 > 2022-03-04 01:53 | Report Abuse

Uncle George ,, r u sleeping

Icon 888

2,301 posts

Posted by Icon 888 > 2022-03-04 16:12 | Report Abuse

Alarm bunyi

Icon 888

2,301 posts

Posted by Icon 888 > 2022-03-08 09:17 | Report Abuse

Aiyoo.. no eye see

Posted by LongTermInvestor8 > 2022-03-09 14:02 | Report Abuse

After 2 years Uncle George only starts glove production... TG says ASP drop to USD19 liao, and might go lower due to price war. Uncle George... what are you thinking? Sell LRT project, go start glove business. Now MRT3 got no opportunity to enter.

Posted by lawrence86 > 2022-03-10 14:25 | Report Abuse

yes, brilliant management did genius decision by spending so much entering glove industry during the end of the pandemic. Zzz...

DannyArcher

1,258 posts

Posted by DannyArcher > 2022-03-11 09:27 | Report Abuse

in the johan interview, tan sri says after they sold their diner business, they go explore 100 over business and cannot think of a good business to utilize their cash pile, so they say glove is the best. walao eh. use that money to buy palm oil estate or start a hotel business or something also good, go where the trend is up, not where the trend is down.... how he do business one leh?

Icon 888

2,301 posts

Posted by Icon 888 > 2022-03-13 20:25 | Report Abuse

Bn

Hazmi90

118 posts

Posted by Hazmi90 > 2022-03-14 11:39 | Report Abuse

welcome back Gkent, bossku is back !

gkent2000

268 posts

Posted by gkent2000 > 2022-03-17 13:39 | Report Abuse

Bossku bossku kawanku !

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