if there is no gamuda then there will be a mymuda or whatever muda....this always has been and will always will be....share price got crisis only got new lows....or record profits only record highs....I would say a very RARE moment of buying opportunity....but doesn't mean one must buy now ya.....
It is government job to help and grow local contractor but this PH government want private company to help them pay the national dept. What a joke!!!! PH goverment want to help Bumi contractors by slicing GAMUDA.
Koon is right. If can suka suka terminate contract, next Contractor will increase price to mitigate this risk. Result is price will increase.
Share costing information to convert to cost plus contract or PH wants to decide what is reasonable profit margin ?....better ask JKR to execute and ask Samy Velu to come back to run JKR as PH entity
Mr. K♦Y is shooting off again like a 5 year-old constantly seeking attention. Go join the group of eminent persons if you have what it takes. The adults are handling serious issues for the sake of 30 million people and he's ranting about the loss of a few shareholders (certain royal family) and a company that wouldn't have existed if it wasn't for the cronyism in our political system.
I am not sure why this LGE like to announce bad news unstoppable, he thinks very fun or what. Do your work better lah to build the country, talk is easy but we all need to eat rice ok...Let me become MOF, i show you how to carry out work..
PH should sit down with Gamuda to renegotiate the price of contract. If Gamuda disagrees to lower cost then remember them well. This present contract go along but blacklist them and no more contracts for Gamuda as long as PH is in Putrajaya.
Lol since these people are not able to speak the truth, I shall say it as I see it
Which contractor you say oldman koon..? How about all of the contractors who have been sidelined since time immemorial from fair and open competition and getting squeezed, while Gamuda and Gkent gets the lucrative, overpriced MRT, LRT etc mega-infra projects earning fees for doing nothing but a tongkat in their hands
Old man u promoted Gamuda as undervalued, quietly sold out without telling anyone, now they're stuck and you're trying to save face ka
the bear is grilling its teeth with happines. DJ down 880 points & cancellation of the contracts have a rippening effect on KLSE and our economy. losses are magnified by the proposed capital tax. silly & plain nsive from LGE
All LGE can do is to make people suffer! cakap tak serupa bikin. LGE you should make the corrupted BN people suffer not Gamuda, Gamuda only a contractor.
The only solution is U-TURN back to GST Yes….only U TURN can solve myr40Billion tax shortfall now!!! Govt. short of MYR40Billion per annum with NO GST Pakatun treat us like kartun wakaka
Kyy...hahaha...hahaha...kimiki kikiki. He was not asked to be in council of eminent persons. If PH gomen can save costs, it will be good. And why not. Haha
PH is reforming the economy from Capitalist to Socialist to address income inequity. More reform is coming. Wealth of Top20 and Middle40 will be destroyed!. PH must strike to balance, T20 n M40 is awaiting to revolt!
uncle kyy...as I mention b4...if there is no GAmuda, surely a MYmuda will pop up.... or a GOmuda or a KAmuda....and what not muda you can think of...got genuine business who don't want to do?
uncle kyy remember this kindergarden song? this old man he play one, he plays nick nack on my drum...bla bla bla give your dog a bone....then he plays two then he plays 3 and 4 and 5 and 6 7 8 9 10 ....
moral of the story...plenty of opportunities one can have under PH
the renewing of the mind and spirit is very important esp to old ppl like me and kyy. Can change aso not enough ... after changing one must go thru the Renewing. Don't die in your old ways la.... at least if die aso die in the NEW.
Dear all, I had personally negotiated some big and small project with engineering suppliers and the usual tactics is getting someone to play the bad guy and another one to play the good guy. The bad guy will squeeze and hang dry the negotiated price until the supplier cannot take it anymore and ready to open book and tell you he is only making this small profit just to sustain his business or ready to walk out of the negotiation. Only then the good guy will come in and offer a fair price to close the contract. It is not hard to see that in this new Malaysia, PH government is ready to play some bad guy role in confronting the establishment big contractor and not afraid to counter their argument openly with fact and figure (in negotiation table and court of public opinion). I think it will end well since both side had agreed to leave it to the wisdom of PM Tun Dr Mahathir (the good guy) to solve the impasse.
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Posted by qqq3 > 2018-10-10 16:46 | Report Abuse
Rule of law will be honoured by PH.... no worries.... main street vs Wall Street.... under PH, mainstreet