Posted by cpng > 2018-10-10 13:51 | Report Abuse

KYY & OTB are believed to be the punters of Gamuda-WE.

Posted by godhand > 2018-10-10 13:56 | Report Abuse

this mess kyy also cannot save.

Posted by probability > 2018-10-10 13:59 | Report Abuse

Remember Mr.Koon is a close buddy of LGE...despite that he is writing the above article...only shows he is speaking the truth from experience.

The problem with people from non-engineering (purely accounting & finance) like LGE and Tony Pua is that they only see the surface and make conclusions.

Posted by Rajaram > 2018-10-10 13:59 | Report Abuse

Haiyah...kyy told us to vote for PH mah...now want us to vote for who leh?

Posted by kaliaoki > 2018-10-10 14:04 | Report Abuse

who is KYY to save , he wallops minority shareholder money
There are clauses allow for determination of contract and Loss and expense can be claim

Posted by Valuespec > 2018-10-10 14:07 | Report Abuse

Sigh.. short sighted PH government. Keep blaming the previous government and ruining the country economy,so that they can be the"Hero" in saving Malaysia.

Posted by angkokann > 2018-10-10 14:14 | Report Abuse

Accountant always very straight forward in numbering. Sigh

Posted by value88 > 2018-10-10 14:21 | Report Abuse

For this time, I agreed with KYY.
The stock market is in panic now when market sees how our new PH government in action. The analysts are in shock too.

Posted by Rajaram > 2018-10-10 14:25 | Report Abuse

No need panic lorrr...capital gain tax for bursa cumming soon larrr

Posted by cpng > 2018-10-10 14:26 | Report Abuse

Old Koon,

After so many years of disagreement.
I am with you this time.
Pls stay strong!

Posted by limml > 2018-10-10 14:27 | Report Abuse

Lesson learned: Don't be greedy especially the paymaster is a good one. Be reasonable when you are getting contract from the government.

Posted by cheap1 > 2018-10-10 14:32 | Report Abuse

Beg to differ. Who offer cheapest contract still accept by PH govn.

Posted by Rajaram > 2018-10-10 14:35 | Report Abuse

Haiyah...where else can Gamuda get contract? Retender Gamuda also get larrr

Posted by OngLai88 > 2018-10-10 14:36 | Report Abuse

Who stands to lose a lot in BURSA markets due to government action, will certainly agree with KYY against the cancellation or re-tendering of lopsided contracts. Yes, think of your own pocket first...public funds come second.

Posted by ken > 2018-10-10 14:41 | Report Abuse

I think it is due to crash of 'culture' lor.. BN culture no more... but Gamuda directors still old thinking. Gamuda directors better change fast otherwise...

Posted by beso > 2018-10-10 14:50 | Report Abuse

so many years being the key infrastructure player by getting directly awarded mega projects that's y they r arrogant
they still know how to properly bid for project or not？

Posted by kaliaoki > 2018-10-10 14:54 | Report Abuse

The allowed all cronies to top up into contract sum sure die

Posted by teareader818 > 2018-10-10 14:59 | Report Abuse

Which company doesn't want contracts? Some reputable companies are willing to accept contracts at razor thin profits just to keep afloat. Not to worry, if you have jobs on offer, you'll have companies lined up at the door.

Posted by jackfruit > 2018-10-10 15:00 | Report Abuse

Ha...ha..ha..capital gain is coming. Ah khoon can retired and play with great great granchildren.

Posted by okdoke > 2018-10-10 15:06 | Report Abuse

PH want the profit from 40 % comleted works paid to Gamuda MMC to be returned to them via hefty discount on the remaining uncompleted works. Gamuda MMC management should dance with the song. why treat PH like BN? They should know their lucky star were not aligned after GE result. my two sen opinion

Posted by teareader818 > 2018-10-10 15:09 | Report Abuse

Check your portfolio for BN cronies and exit fast. Just a matter of time LGE the surgeon will cut them out. Don't be the unfortunate collateral victim in the operation.

Posted by Change_ > 2018-10-10 15:11 | Report Abuse

When govn change everything must change incl contractors eg Gamuda. True or not Rafidah Aziz?

Posted by VincentTang > 2018-10-10 15:27 | Report Abuse

Feel very disappointed to vote for PH. I will never and never vote you in future.

Posted by Livermore > 2018-10-10 15:30 | Report Abuse

now kyy at least say something got power

Posted by VincentTang > 2018-10-10 15:30 | Report Abuse

PH LGE, even I am just a degree holder but I think I am more capable than you to be finance minister.

Posted by pharker > 2018-10-10 15:51 | Report Abuse

Flip flopping will destroy the country's credibility internationally.

Imagine you sign a contract with a company but later the company say contract terminated because it now has a new CEO, contract not valid as it was signed during the tenor of the previous CEO, unless there is elements of fraud proven, the spirit of contractual law must be upheld

I flip flopping is allowed, then very easy to get out of contract, just change CEO or govt, then no need to honour contract.

Posted by pharker > 2018-10-10 15:54 | Report Abuse

To save the country, the spirit of the law must be upheld, even though previous administration screwed up, you cannot simple use this to wriggle out of a bad deal, honouring a deal, though a bad deal, is a matter of establishing credibility

Posted by Ricky Yeo > 2018-10-10 15:57 | Report Abuse

@VincentTang You are disappointed because PH is not looking after your interest?

Posted by Kesley Tan > 2018-10-10 16:00 | Report Abuse

LGE try to learn trump.
You had a bad deal - so you terminate a deal expecting a better deal without thinking the whole picture.

China will not bail us out this time since we cancel so many of their projects also.

Foreign / local won't have confidence to sign a deal with out government now.
I hope LGE get this message. Our image had been tarnished.

Posted by enning22 > 2018-10-10 16:16 | Report Abuse

mega projects are bad,heavy burdens for malaysians ,these exist only to serve certain people"s privatebenefit, only make them to be fat, fat cats, best to cancell them all.

Posted by smalltimer > 2018-10-10 16:43 | Report Abuse

1. By terminating tunnel construction, govt save rm5b.
2. Then will retender to build tunnels, at 0 cost (?) Because already save RM5b.
3. A new company if there is, will cost less than RM5b to build tunnels only?
God bless Malaysia.

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

Posted by qqq3 > 2018-10-10 16:47 | Report Abuse

mainstreet will have priority

Posted by lextcs > 2018-10-10 16:47 | Report Abuse

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.....

Posted by qqq3 > 2018-10-10 16:49 | Report Abuse

under BN the priorities are kleptocracy and stockmarket

Posted by qqq3 > 2018-10-10 16:50 | Report Abuse

under PH the priorities are rule of law and mainstreet

Posted by speakup > 2018-10-10 16:51 | Report Abuse

thanks Pakatan Harapan for pushing down Gamuda so that small retailers got chance buy this blue chip Gamuda

Posted by lextcs > 2018-10-10 16:52 | Report Abuse

super wormei now.... buy now if lose also worth it ... haha

Posted by feimah > 2018-10-10 17:01 | Report Abuse

This PH make a mess after another.
Who will clean up their shit.?

Posted by teareader818 > 2018-10-10 17:21 | Report Abuse

The previous government ever willing to take over and add more shit. like it to happen?

Posted by Henly_ONG > 2018-10-10 17:22 | Report Abuse

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.

Posted by speakup > 2018-10-10 17:25 | Report Abuse

new malaysia : PH clean up BN shit. In GE15, BN clean up PH shit. And the cycle continues. After each GE, winner has to clean up loser shit!

Posted by feimah > Oct 10, 2018 05:01 PM | Report Abuse

This PH make a mess after another.
Who will clean up their shit.?

Posted by SALAM > 2018-10-10 17:27 | Report Abuse

Looks like this government are only Voters friendly, lack substance, a lot HOT AIR..
KERA DAPAT BUNGA

Posted by Undi_PAS > 2018-10-10 17:28 | Report Abuse

Cannot back to BN either. They created debts mess and pariah listed companies to con rakyat hard earned money.

Posted by probability > 2018-10-10 17:30 | Report Abuse

ha ha...dan kera ingat dia tu princess..

Posted by SALAM > Oct 10, 2018 05:27 PM | Report Abuse

Looks like this government are only Voters friendly, lack substance, a lot HOT AIR..
KERA DAPAT BUNGA

Posted by khatulistiwa1234 > 2018-10-10 17:33 | Report Abuse

The ball is free kick , you all have a good chance to score GOAL .

Posted by Paul123 > 2018-10-10 17:39 | Report Abuse

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

Posted by hankc > 2018-10-10 17:46 | Report Abuse

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.

Posted by angkokann > 2018-10-10 17:46 | Report Abuse

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..

Posted by bigdaddy > 2018-10-10 19:36 | Report Abuse

Aih....really hard to cari makan nowadaya...Nasi Lemak price up, Tea Tarik up...all up....sob sob...