Trade on that basis will earn some bucks

Bad news up good news down

What bad news.. do u really understand what it stated?

Ph leading the country into recession

Bearish market everywhrre

Wont be as fancy as line 1..mayb lesser aircond

Contractor wont let his profit go too low.. ph wan cut cost.. gamuda use lower spec product lorrr

Mca dai ka jie

Mind your words KAQ , pls dun come here to provoke

Sohai kaq

Who dare to do business in msia? Where the govenment can terminate the contract as they like

Tbm korek tunnel now le.. tak bole stop korek and leave thr one loh.. later soil havent stabillise.. then u will see big lubang wverywhrr

Yes u can save few billion on paper.. but how about the chain reaction of this..

Lge never think of the consequences

Wohoo award to china?

They is no official termination letter

0.12 baru masuk

Re tender will not get lower price...the whole

Tun m wan crooked bridge back.. wohoo..

Rm8 in longer run

If u analyse logically, u will buy and keep some

Gamuda will keep flying

Im inside the tunnel

Hmmm.. pass by mrt construction site... construction is stillon going.. where is your termination letter lge

Tony pua and lge not so wise.. still behave like opposition

Dun blindly folo n listen wad ph say.. analyse them and think logically..dun b a blind follower

Re tender + compensation cost ph a nuclear bomb

“The recent news of the possibility of contract termination between MMC-Gamuda JV (MGJV) and MRT Corp on underground works has raised questions by concerned public. Government look to an option of re-tendering the remaining works with approximate amount of RM9.6 billion.

Currently, MGJV offers RM2.3 billion of reduction but government claimed the amount could reach in a range of 43.6% to 60.3% of cost saving from the remaining works.

One of financial risks result from the termination is the amount of compensation that the government has to consider. Re-tendering also may cause prolongation of project timeline and this will expose to higher cost. Plus minus from the projected cost saving, is it then worth it?

So my focus of discussion, what other risks that we can foresee should the government proceed to re-tender the remaining of the underground works? What are the common impacts of re-tendering an on-going project?” Naz Fariq

It will cause axiety to international bidder.. u think it will be cheap if they tender the job?

Strongly believe they will not terminate the contract.. the tender price they got is two years ago.. definately will not get back the price

All of these will cost more than 2b that u r trying to save

Scenario 1
Terminate the contract..
Impact
-Many will lost the job
-Subcon went bankrupt
-Many unable to service the mortagenloan n etc
-government lost of income (lesser income tax collection+lesser sst collection)
-market unable to absorb 20k workforce in short time..
-gamuda will plunge another 80sen..
-epf lost money
-foreign investor will think twice before invest in msia( bad image to us)
-gamuda will fall into crisis, ph jz kill a potential star in global market

pls do a quick math
Maintain the project vs retender award to other
Which one has bigger cost impact

Hahahah