G.T.'s comment on GKENT. All Comments

G.T.
1 Like · Reply
Enter < 1, I'd say.
Yutaka Tong
below 1 is a very good buy. gkent need time to wait for peoplr to goreng up
Like · 4 years · translate
naoki ong
?? I queue at 1..
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Yutaka Tong
104 consider good price liao. can sttart collect average down
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willinv
No show this year. Waiting 0.8-0.9
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Yutaka Tong
it will takes a long time to see action since their performance is not good
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willinv
Yes, so buy on dips
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Yutaka Tong
collect genm first still bargain
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Yutaka Tong
gkent construction sector already slow down
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Yutaka Tong
if want to in 1.04 is a good price liao. 1.00 not much difference.
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G.T.
To be honest, I am stuck at a high price, 1.5... I am waiting for this counter to go < 1 in order to top up.
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Yutaka Tong
I buy b4 at 1.22. then cut loss at 1.12, 1.08. I change all to genm. now almost cover back the losses
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Yutaka Tong
giant is a slow and steady counter. won't able to jump up high in a short time
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Yutaka Tong
I have monitor gkent for the pass 2 years. hardly can see big sharks goreng this stock
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Yutaka Tong
better use the bullet to buy other to profit back the losses
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naoki ong
1.5 is hard to average it. This stock mainly for dividend. I notice dividend stock hardly get goreng too mainly those giving very little D/Y get goreng more often.
Like · 4 years · translate
G.T.
Which is why I'd advise not to go in now until it dropped till < 1
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Yutaka Tong
even drop below 1, I will not go in at the moment since it will log the capital for quite some time losing other opportunities
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naoki ong
Qr out better wait. lower profit
..
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Yutaka Tong
gkent profit are going down plus the lrt profit had not been updated
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naoki ong
Correct me If I'm wrong. the latest mrcb QR report also showing drop in profit. I guess if gkent does put in the lrt data. I don't think it will be any good sign.

*(I think the lrt report should be in this QR if they dont report they will invite sc investigation right?)
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Like · 4 years · translate
Yutaka Tong
anyway construction company is going down. better don't touch now
1 Like · 4 years · translate
willinv
The qr is not satisfying. Hope they can do well on their own sectors in the future. No show this year. Lets see next year how. Can start collect from 0.9
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Yutaka Tong
no need to hurry to collect. 0.8 is a under value price to collect
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Yutaka Tong
after ex dividend will drop more
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Yutaka Tong
good dividend stock
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willinv
Gap down...
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Yutaka Tong
U.S. market big drop
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Vex Lee
No much difference, drop we fall, up we still fall
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Yutaka Tong
gkent just make a share buy back. to prevent price fall
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Yutaka Tong
yesterday already fall below 1.00. already second round share buyback. don't think their profit will be able to regain in a short time. already down for pass 2 qr
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Yutaka Tong
construction stock not doing good without government project
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naoki ong
but nan yang still say to 1.41 hehehe
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Yutaka Tong
the max can up is around 1.27 without any big news
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naoki ong
Lol, not sure hear some place says thing that Nan Yang said always go opposite direction ?
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Vex Lee
1.0 very very strong support
Like · 4 years · translate
willinv
Bcoz their performance is not satisfying they have to do all these to sustain the investors confidence
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Yutaka Tong
long term is a good dividend stock. cash loaded company
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naoki ong
man... they really hold the door at 1~1.05, how long will they keep buy back??
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Yutaka Tong
epf etc dont goreng this stock. so it's a slow moving stock for dividend purposes. slow capital gain
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Yutaka Tong
don't expect gkent can boost up to 1.50 in a short time without any big project. it's a sleeping stock for dividend
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naoki ong
hopefully, Gkent seems to divert more to their meter business here and oversea since construction in Malaysia is slowing down.
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Yutaka Tong
gkent main export customer is hongkong and singapore. doesnt help much without construction project. previousbhigh due to lrt
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Yutaka Tong
Glenn will stay flat without lrt project payment
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naoki ong
If flat.... need to average down then
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Yutaka Tong
there are few potential under value stock to gain back the losses faster. gkent is a sleeping slow stock
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Yutaka Tong
if for dividend , Glenn is good
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naoki ong
Ya notice few stocks with low PE and almost oversold but with bad economy I quite hesitate to buy them...
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naoki ong
now try tech stock they seems to do better than most
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Yutaka Tong
gkent also will be affected by trade war and construction down
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Yutaka Tong
put all bullet in gkent, if construction drop, all capital will be stuck
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Yutaka Tong
gkent short term trade to gain back some profit is good
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naoki ong
Naw.. just have 2k unit or 20 lot? didnt put much in since all the bad news about government cutting budget this and that... made me think twice before putting more in.
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Yutaka Tong
gkent biz depend on lrt project. their pipe biz is stable
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naoki ong
Used to have MRCB but sold when good QR for once. then the following QRs were below average. lucky dump all
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Yutaka Tong
without lrt news, gkent will be sleeping since their pipe biz is not good. if next qr got received lrt payment then only can up
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Yutaka Tong
if can wait for next qr maybe got lrt station. if nope lrt payment , then can sell after the next qr
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naoki ong
I think they will receive the payment right?? just the percent or amount become lower until all the sub con ran off, if I'm not mistaken.
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Yutaka Tong
even got positive qr. gkent won't able to goreng up alot. it's a long long term battle with dividend only
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Yutaka Tong
better use the capital for other undervalue
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Vex Lee
Company constantly buyback the shares near 1.05 level, that's mean gkent bosses also think this level is quite undervalue
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Vex Lee
It is quite safe to enter here, and this is for long term
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Yutaka Tong
this stock is ok, only hard to push up. big funds deosnt goreng
Like · 4 years · translate
Vex Lee
That's why it is for long term, need to wait government release new constitution contract, as long as this company still profiting, it is still safe to park money here
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Yutaka Tong
good if looking for long term.
Like · 4 years · translate
G.T.
To be honest there are better instruments you can park your money in apart from this counter. You're losing in capital though the dividend is there. Think about it.
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Yutaka Tong
maybank very good dividend
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naoki ong
Yup..prefer to sell for profit without getting dividend than losing capital but earn dividend. lesson learned.. the QRs usually tell which direction
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naoki ong
better run??
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Yutaka Tong
gkent won't have much big movement. people buy for dividend not for goreng.
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Yutaka Tong
won't expect much capital appreaciation looking at the qr result
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G.T.
Run if you had broke even. Hold if you're still losing in capital.
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naoki ong
I'm at the losing end.... 1.19 logged in... I'm fighting endurance battle. If they drop more, I'll just ignore this counter for 3 months wait next QR see got hope or not hahah
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G.T.
1.19 is easy battle... just need to wait for until end of the year I believe
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naoki ong
Sure?? this QR so so only the next QR probably CNY already. don't think the price will go up except new project pop out.
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Yutaka Tong
aiyah just announce dividend la decrease your enter price. long term still can cover back and price increase. longvterm wins
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