GKENT (3204) 乔治肯特 - gkent 3204 喬治肯特 RM1.46 浅谈技术面与Q1 2018


GKMS Technical Analysis 
RM1.46 
Summary:STRONG BUY
下道阻力于RM1.61 ,RM1.94
预计周二(12日)公布首季业绩。估计今天股价有好的表现。
个人简单计算:
a)Q1 2018净利2153万,eps=3.8仙,估计2018全年的eps=18仙,pe=12倍,股价=RM2.16
b)订单53.8亿约6%赚副为3.22亿
3.22亿/563m股数=每股57仙净利
订单佔大多数的LRT3(45亿)于2020年8月完工。
因此尚有2年时间收入,每年为57仙/2=28.5仙
水表业务每年取2000万净利计,每股净利为3.5仙
总共下来每年的每股净利(eps)为28.5+3.5=32仙
取pe=10倍,股价=RM3.20
只供参考,買卖自负。
https://www.investing.com/equities/george-kent-(malaysia)-bhd-technical









Commentary on prospects:
The Group has achieved yet another record set of first-quarter results. Notably, profit after tax registered at RM21.54 million, up 16% from RM18.50 million in the previous corresponding period. Construction projects were executed well and on time. The Metering business contributed significantly having grown at a compounded annual growth rate (CAGR) of 24% over the last three years. George Kent has positioned itself to tap on growth opportunities in Smart Metering. The potential growth for the Group from Smart Metering is significant considering it being the first mover and a market leader in the Region
The Group’s balance sheet remained strong with a net cash position of RM343.52 million with a healthy order book. Its outstanding order book of RM5.38 billion will continue to provide earnings visibility in the medium term. The Group remains optimistic for the rest of the year. - 42 Going forward, with a strong balance sheet, the Group will increase its resources substantially, in terms of manpower and financial resources, to further accelerate growth in metering and other water-related businesses as well as concessions through M&As and strategic partnerships. This is in line with the Group's long-stated Strategic Plan to broaden its income base by substantially increasing the income from the Metering and other water-related businesses and investments.
前景评论:
本集团又取得了第一季度业绩纪录。 值得注意的是,税后利润登记在
2154万令吉,比前一个季度的1850万令吉上涨16%。 施工
项目执行得很好,准时。 计量业务在2004年增长显着
过去三年的复合年增长率(CAGR)为24%。 乔治肯特已经定位
本身可以利用智能电表的增长机会。 来自Smart的本集团潜在增长.

考虑到该地区是先行者和市场领先者,计量工作意义重大.
展望未来,乔治肯特表示,鉴于其资产负债表保持强劲,截止30-4-2018公司现金达3.9674亿,债务为5322万,
净现金为3.4352亿令吉,同时订单总额达到53.8亿令吉,将大幅增加资源。
“这包括人力和财力资源,以进一步加快计量和其他水务相关业务的增长,以及通过兼并和收购和战略合作伙伴关系的优惠。
等丰收喀,老马都开声了,是hsr延迟非取消.乔治肯特目前是国內唯一的轻快铁系统工程公司, 
並拥有80名来自世界各地的专才,预料未来將能让公司在铁道工程领域占一席之地。



HSR project postponed, not scrapped, Dr M tells Japanese media (updated)


  • NATION
  • Tuesday, 12 Jun 2018

PETALING JAYA: Prime Minister Tun Dr Mahathir Mohamad seemed to have walked back from an earlier decision when he told a Japanese publication that the high-speed rail project had been merely postponed, not cancelled.
Speaking to Nikkei Asian Review on the sidelines of the Future of Asia conference in Tokyo, he said Malaysia cannot afford the project at this moment but signalled that the door is still open.
“We cannot say we will never have high-speed rail (HSR) in Malaysia. What we can do is we can postpone the project because it is far too costly at this moment,” he said.
Dr Mahathir said Malaysia would need an HSR but it is something to only consider in the future.
After being sworn in as prime minister, he had announced on May 28 that Malaysia will be dropping the HSR project with Singapore, citing it as an “unnecessary project”.
However, in his interview with Nikkei Asian Review, Dr Mahathir commented that the Singapore HSR project is merely postponed.
“We actually postponed the implementation of that project.
“High-speed trains are most effective where the distance is very long. But where the distance is short, it doesn't contribute much.
“So we need to rethink high-speed rail,” he said.
Dr Mahathir also suggested the possibility of building an HSR “right through the Peninsula”.
“We cannot say we will never have high-speed rail in Malaysia – there will be a need for high-speed rail in the future,” he said.
Last month, Finance Minister Lim Guan Eng also said the Government’s decision to scrap the HSR project was not only due to the high price tag of building it, but also steep cost burden to maintain the 350km link in the longer term.
This decision was also part of cost-cutting moves to slash the federal government debt of over RM1 trillion, Lim said.
He told the South China Morning Post that the new administration estimated the initial cost of the high-speed rail project was likely to be more than RM100bil.
Singapore’s Ministry of Transport said it had yet to receive an 
official notification that the 
project had been cancelled.
http://www.klsescreener.com/v2/news/view/391395


http://kongsenger.blogspot.com/2018/06/gkent-3204-rm146.html