I already told you guys...I already predicted 2 selldown correctly....this game I know

I say selldown....3 min later selldown

Another round of selldown coming

I say this....1 min later, price crashing already

@tksw I guess closing price 240 and below, it is a falling knife, only gambler go and catch....last chance to dispose now

@Cindybull....right now is Government vs Gamuda...Government sure win

Guess the closing price

Of course cannot up....big player disposing to small fish how to up

Lelong lelong...come buy and help support Gamuda price...

Big player flushing

2.45 cannot clear, big player disposing at 2.45...

I will just say: good stock no need promoter, people will still buy

Maybe I use reverse psychology better....please buy more Gamuda to help support Victor Yong, he is desperate now and needs your urgent assistance

LGE just said that he wants to reduce GLC involvement in stock market and raise money from disposal of current equity holdings to reduce deficit....there goes your EPF involvement....institutions disposing not supporting prices

People cannot drive forward looking at the rear view mirror....past prices are no indication of the future....past is past, future is future.....so what if past prices high...fundamentals can change that is why prices change to reflect the new situation....Gamuda now stands to lose between 25 (renego)and 90 percent (lose tender) of its order book, that is the current and future no win situation...drop now doesnt mean rebound later...last time 1 MYR = 1 SGD, since when has rebound

@Lucas Chan .... I already hibernating in Antarctica in my igloo for some time .... but I see this Gamuda so many people catching falling knife .... I give my comment, if people still think is good buy, it is their money not mine ...

@cksam You are right, many Gamuda promoters crawling out of the woodwork to ask others to buy their stock holdings...but just look at the selling trend and queue....the transaction pattern is big holders and institutions disposing...now is catching falling knife, no fundamental or future prospects....only speculating and gambling like Genting....you think 2.50 is cheap, tomorrow you think 2.40 is cheaper, next month 2 ringgit even cheaper right.....cheap is relative, most important is VALUE and FUTURE PROSPECTS and Gamuda has none of those now

The only LOCAL company = Gamuda .... but internationally, many companies got equipment and machines to korek tunnel for much lower prices....this is a no-win situation for Gamuda...either they slash prices massively to please LGE and avoid losses, or they re-tender and lose the bid to other international companies like CCCC

LGE does not care about EPF/PNB/ASB in this case because even though they own 20% of Gamuda, Gamuda is just a small fraction of EPF/PNB/ASB total portfolio holdings....the impact to the voters is negligible...the cost savings from re-nego or re-tender is more important for political fame....

I see so many speculators and gamblers trying to catch the falling knife...now is not the time...this is Gamuda not Genting....even if they survive this, you can expect prices to decline again because next few quarters will almost certainly be losses with the price cuts and delays....just think about it, 23% discount also LGE thinks not enough and want to cancel entire contract halfway in.....how much profit margin left for Gamuda....more like trying not to lose till the pants drop....and of course, if CCCC replace Gamuda, good luck trying to replenish 90% of lost revenue from the order book in the current political climate...even the remaining 10% Pan Borneo Highway also controversial...if LGE can cancel contract like this, what stops the 2nd, 3rd, 4th time...

Gamuda is in no position to negotiate at all, they either do or die, lose their sole client (PH gov) and they will be dead for the next few cycles...right now they will not think of compensation or penalties, that is why their letter is so polite even though they are rightfully angry....currently the only focus is how to avoid losses on their machinery and laborers, they will take whatever scraps they can get from LGE...even if they manage to hang on by a thread, it may very well be heavy losses...

Less than half of the forseeable losses has been priced in....still more than half to go...where is Gamuda going to find new contracts to replace the KV-MRT and replenish their order book....impossible in the current political climate.....MRT 3 gone, LRT 3 downsize and delay, HSR delayed indefinitely, ECRL cancelled...and don't even talk about compensation, Singapore want compensation for HSR, Tun also refuse to give...what more Gamuda

Fact is Gamuda is too heavily reliant on these govt mega-projects, their fate has been sealed on 9 May as they have been too dependent on crony culture and relationship with previous BN gov....all this is political baggage...their client base is too singular and narrow (BN gov), now the new PH gov has all the negotiating power over Gamuda....

Even if Gamuda sue for compensation, you can bet how many years it will take, especially with this new govt....even if Gamuda win the lawsuit, it will be peanut consolation small fraction of revenue...and if Gamuda sue, forever no need to think of getting anymore projects from PH government....

The 20k workers can still work on the project under new contractor, suppliers and vendors can also switch to serve new contractor....Gamuda is just using the 20k jobs as excuse, it is Gamuda that stands to lose the most, not other companies

Pakatan also looking for new crony ultimately....why should they help UMNO fill their coffers.... China is also desperate now with so many cancellations like ECRL and HSR, you can bet they will throw price just to get this deal for their OBOR investment plan, don't underestimate the power of CCCC, political backing and cheap foreign labour...China also want Malaysia in its good books since Tun is pro-Japan

So far only market cap has only reduced by RM 2B+ , the potential losses have not been fully accounted for, not to mention the loss in goodwill and future prospects....still got RM 3B+ market cap to reduce.....just waiting for official confirmation letter from MOF...just look at all the othet construction stocks, it's not only Gamuda, but most other big contractors...weak future prospects due to tight government budget and new administration....crony is now a dirty word and political baggage

Is a do or die for Gamuda, majority of their revenue is from the KV-MRT project....if cancel, will lose more than $5B not including all the lawsuits from vendors and employees and other losses and costs such as severance, clean-up operations and scrapping of excess machinery and materials...this also symbolize that the new administration has little regard for goodwill and relationship with Gamuda, tough times moving forward....

Our dear FM LGE just commented again at 11+ am today, he reiterated his stance to cut costs and re-tender because Gamuda did not lower the price for underground works to the level advised by his consultants....even if Gamuda renegotiate or re-tender, profit margin will be slashed massively, may even continue at cost price to cover capital costs of machinery and avoid lawsuits from vendors and retrenchments....govt can afford to wait but Gamuda is burning labour and maintenance costs for each day of delay while waiting for re-tender.

From price and volume trend, likely to decline further today. Institutions and big players disposing.

@KeliEja Sold some C9 and C12 already, still holding some

EKOVEST and IWCITY both goreng yesterday one day show...today back to original price and lower...looks like MRCB was a better choice.

Up too quickly...now down also very fast...better run to other stocks first and wait for rebound

IWCITY and EKOVEST down...MRCB still holding strong, any idea what happened?

So fast goreng finished? No show later?

Dividend ex date next week, how come call warrants down so quickly

Why call warrants down by so much?

??? got what project?

Why limit up? Any rumours/news?

EPF and Tabung Haji acquiring almost every day....looks like prospects are good....something is brewing.

Tabung Haji and EPF bought >10 mil shares in June for >RM 14 mil and > 23 mil shares in Jul for > RM 32 mil for a total of 33 mil shares in Jun-July for >RM 46 mil

Bought and sold my SENERGY-C38 at same price 0.09 last week....oil price not doing well...I'm now at MRCB-C9 and C12, come join me if interested.

As predicted PASUKGB went down after consolidation, I sold about 2 weeks ago at 19 sen....I'm now at MRCB-C9 @ 4 sen and MRCB-C12 @ 2 sen, come join me if interested.

Wah lucky I cut loss last week @ 5 sen....now I'm at MRCB-C9 @ 4 sen and MRCB-C12 @ 2 sen. If anyone wants can join me...hopefully can make back the money I lost in NETX

Cash out of SENERGYC38 at 9 sen buying price. Oil is in downtrend

Oil slight rebound, hope can continue.

Can hit 1.70 tomorrow?

Still dingdong at 5 sen

Up or down 2moro?

Anzo might be the next stock after I earn from SENERGYC38...depends on whether Anzo will show signs of rebound in the coming days...