Ya, I keep too, u all sell la

wah, big shark selling, OMG

With the foreign fund flows back to emerging market, Gamuda might be one of their choice

The potential revival of construction plays in months ahead and investors’ preference for big cap infra laggards could trigger a recovery in Gamuda’s foreign shareholding, which stands at a low of 21% in comparison to 45-50% when the group secured its first MRT underground package in 2012.

I read it and it makes perfect sense to me

CIMB Research said MMC-Gamuda JV could be in the running to clinch an even larger underground package from MRT 2, worth up to RM15bil (original value: RM10bil-RM12bil) given the official revised scope (up 40%).

It would not discount the likelihood that MRT awards could be dished out from as early as end-March, which include the first two viaduct packages.

The research house said the Government could accelerate the award phase of MRT2 and that at least three bids for major civil works package were close to being finalised, including the international Swiss Challenge for MRT2’s underground scope.

CIMB said its channel checks also confirmed a recent article suggesting that the total cost of MRT 2 had risen to around RM30bil compared with RM28bil as per the 11th Malaysia Plan.

The revival of the MRT story in the short term strengthens Gamuda’s tender prospects, which comprises several other sizeable jobs too.

CIMB calculated an estimated tender book of RM9bil comprising MRT 2, Pan Borneo Highway, LRT 3 and Gemas-JB double track projects. This exceeds the research house’s RM5bil assumed wins for FY16.

Securing an RM7.5bil MRT package would raise FY17-18 forecast earnings per share (EPS) by 2-3% and target price by less than 2%. A best-case RM9bil win would bump up its EPS by 6-7% and target price by up to 5%.

The potential revival of construction plays in months ahead and investors’ preference for big cap infra laggards could trigger a recovery in Gamuda’s foreign shareholding, which stands at a low of 21% in comparison to 45-50% when the group secured its first MRT underground package in 2012.

The stock trades at a 9% discount to its 2015 high of RM5.13, which is unjustified given the improved visibility of its job replenishment prospects.

It added that the current levels presented a good opportunity to accumulate Gamuda shares.

CIMB said Gamuda remained a top pick among the big caps given its biggest exposure to MRT 2 and the largest proxy to rail jobs. It said 2016 was likely to be an eventful year, bringing its order to a new all-time high of at least RM8bil. The RM10bil Penang Transport Master Plan (TMP) should drive its longer-term prospects.

Oh no, all cabut d ?

She is referring to Gamuda WE, I guess

wah, don't scare me le

1.30- all the buying volume gone, I sell to them, decided to move all my fund to Gamuda WE, will be back one day to WTK

I think it moves in tandem with Jayatiasa, same operator I guess, still remember this year Jan and early Feb, it moves together with Jayatiasa

ya, I think so

No theme to push, all export counters are in selling mode, sad case

suddenly up and down, I think some operators are inside, I see the downside as limited, once collection mode is done, it might shoot up anytime

wah, good news

coming coming

Dead fish

Ringgit is strengthening, but the share price is very well supported, no more panic sellers

the market is very weird nowadays

Nice closing, still depends on the currency movement, overall market sentiment is very sensitive to it, I am closing watch the currency movement, not wtk share price.

Not to forget Sarawak election theme too

I shy la, don't share too much

cheat u I get money ah?

Strong buy call by one of the greatest sifu I ever met.

Got 2.5 cents of dividend, hold for 3 months, see syndicate got more patience or me

If I have bullets now, I am going to whack WTK and evergreen

I read this, wtk sells in USD, also buy in USD, so mean what now ? Blur d, but of course in the performance review there, stated this quarter result is good, partly is due to the strengthening of USD

Currency impact to the Group
For the Group, the weakened Malaysian Ringgit has a direct impact on the cost of goods sold, specifically with the suppliers that we transact in US Dollars. However, the management is mitigating the impact of the currency fluctuation and will continue to manage this risk.

lol, actually from 1.43 to 1.35, only drop by 6%, chill la, once ringgit is weaken again, this counter will perform

sell all, good bye to this counter, sad

Sell sell sell, all sell, keep cash, don't buy

very impressive the sell down,

Malaysia market is crazy now, rest of world keep up, but klse mid cap counters, like ikan masin like that

share buy back by WTK, good sign ?

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5017617

After quarterly announcement, this is the time portfolio manager adjusts their asset allocation, sell those weak result and buy those with strong result, I guess wtk will be one of their stocks in the radar

No road block jor

if I have bullets now, I will buy, reason is simple, downside is limited, upside is still there

when overall market sentiment is bad, of course all counters are down, ai yo

I am OTB subscriber, why keep attacking him, he recommended more than 10 counters, keep attacking him based on 1 counter is unfair la, nothing is 100% sure in stock market, I learned a lot from KYY and OTB, tell me at this point in time, who is better than them, even the courses that I paid many thousands are not better than OTB

Hi athan88, no such thing as fair value in my dictionary, I shall play by ear, of course first target price is around 1.60 to 1.70, most people is unsure of the sustainability of the quarter ended Sept 2015, this latest quarter shall provide some comfort level to those that based their research on the timber extraction, as long as USD to RM stay above RM4, I think new few quarters might be good as well, this counter is just at the onset of long term momentum, why put your money into counters that has surged few hundred percent like geshen, petronM, hevea and many more

out d

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5012069

Chelsea, how come u know, exactly this is what I know

Ya lo

I mean bonus for FY2015

Taann result is superb, will wtk perform this quarter ? Remember, my friend bonus is 5 months this year

Thank you, I learned a lot from you Sir

Can't share, otherwise I might be caught

If you look at the share price of Ta Ann, which is so strong, must be someone with insider that keep buying the shares