GAMUDA BHD

KLSE (MYR): GAMUDA (5398)

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Last Price

8.90

Today's Change

-0.13 (1.44%)

Day's Change

8.89 - 9.09

Trading Volume

6,341,400


6 people like this.

17,518 comment(s). Last comment by AllIsVanity 10 hours ago

Posted by khatulistiwa1234 > 2018-10-09 08:29 | Report Abuse

Construction if GONE , country how to develop , GONE ALSO , i tell you , exchanged construction new arm form , others take over GAMUDA to be RIGHT ARM .

Posted by khatulistiwa1234 > 2018-10-09 08:29 | Report Abuse

Possible Khatuslitiwa CONSTRUCTION .

BillyK

570 posts

Posted by BillyK > 2018-10-09 08:35 | Report Abuse

order book from 6b going down to 500m
future wont be rosy anymore
more downside expected
penny club in few months?

Posted by EatCoconutCanWin > 2018-10-09 08:35 | Report Abuse

maintain buy . today will green.

titus

4,170 posts

Posted by titus > 2018-10-09 08:37 | Report Abuse

spot on on what stockraider said. Gamuda this time really caught between a hard place and a rock. Get back project also die....dun get also die. But in this situation, i think better to get back project la. Even at breakeven or at small loss also better than all the chao, uncertainty and lawsuit. If drop to 1.80, i buy some to keep la. As for the NTA 3+, that 1 no need talk le. The machinery will value thart much when there is project on hand. When there is none, it is just a piece of metal. Also bear in mind, Gamuda operate in a niche market and those machinery does not appeal to the masses in construction, ie.....piece of scrap metal.

titus

4,170 posts

Posted by titus > 2018-10-09 08:42 | Report Abuse

if want to talk about high NTA vs price, should look at Bpuri. 4 times the price. but why is the price so low? this is because Bpuri profit margin is so damm slim. Only 5-7%. Any mistake or delay will just wipe out the profit. Gamuda used to have very high profit margin. Between 20-25%. That is why the price is at premium. But with this new development, i believed it will be squeeze below 10%.

metroview

250 posts

Posted by metroview > 2018-10-09 08:44 | Report Abuse

break 2.00 today ?

Cindybull

1,123 posts

Posted by Cindybull > 2018-10-09 08:46 | Report Abuse

PH going to make market crash..They know nothing about building the nation only good at politic and play tricks and manipulate the people

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2018-10-09 08:50 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5935825
official termination notice havent receive by gamuda...patience

Cindybull

1,123 posts

Posted by Cindybull > 2018-10-09 08:50 | Report Abuse

So selfish just because they don't get much benefit and makan enough and put the people and nation in danger lousy la this ph

abc333

1,541 posts

Posted by abc333 > 2018-10-09 08:50 | Report Abuse

PH want us to feel the pain for the first year, and only good to us a year before election.

Victor Yong

8,271 posts

Posted by Victor Yong > 2018-10-09 08:51 | Report Abuse

gamuda mmc was begging for negotiation, etc the mof would meet up with them again... common sense ... biz is a win2 thing

CharlieSim

1,254 posts

Posted by CharlieSim > 2018-10-09 08:52 | Report Abuse

clean the gov.and start from bottom... recession coming...

paperone

139 posts

Posted by paperone > 2018-10-09 08:53 | Report Abuse

THE latest World Bank report shows that Malaysia’s economy is growing weaker. Much weaker.

Out of the 15 Asian economies analysed in the report, Malaysia was downgraded the most. Nikkei's headline said "World Bank sharply cuts Malaysia 2018 growth view" while other countries forecast remained relatively unchanged.
https://asia.nikkei.com/Business/Markets/Nikkei-Markets/World-Bank-sharply-cuts-Malaysia-s-2018-growth-view

Surprisingly, none of our local media carried this story last week even though it is of great significance to all of us.

The World Bank forecasts that under current conditions, in 2018, Malaysia’s growth rate will lower to 4.9% (compared to the 5.4% forecast earlier) and in 2019, decrease further.

Malaysia also released our August 2018 foreign trade figures and it was a bloodbath.

"Malaysia's August trade surplus shrinks most in 45 months" said Nikkei. Exports actually fell 5% month on month while imports surged due to PH's tax-free holiday causing consumers to binge-buy on imported goods and cars - leaving us with a meager RM1.6 billion in trade surplus.
https://asia.nikkei.com/Business/Markets/Nikkei-Markets/Malaysia-s-August-trade-surplus-shrinks-most-in-45-months

This monthly trade surplus had plunged from more then RM10 billion before GE14. Even this small surplus in August was made possible only because oil prices had risen. if not for the surging oil prices due to USA sanctions against Iran oil. If not, Malaysia would have registered it's first trade deficit in 20 years.

Of particular concern is that our government tells us that the fall in our palm oil exports has continued to worsen in August. Thy tell us palm oil exports fell 27% compared to a year ago.

Also, last week, BNM announced that our FOREX reserves at the end of September has dropped yet again by US$1.3 billion - the 5th month of continuous drop which further confirmed that foreign outflows from investors continuing to pull money out of Malaysia after the elections has not stopped.

Our Forex Reserves were increasingly sharply before GE14 but immediately after it reversed directions to continue to fall.

This is also reflected in our Ringgit which has continue its drop to RM4.16 vs the US Dollar which is a 30 sen drop before May 9.

There is less than three months to go until 2019. Instead of progressing, the new Malaysia is falling behind its Asian neighbours.

The new World Bank report describes Malaysia’s economy: “The main risks to growth arise from the policy uncertainty in the local and major economies, geopolitical developments, populist policies, slowing investment growth and commodity price volatility.”

While most Asian economies are coping well, Malaysia’s is in sharp decline, because it has not adapted to both global and domestic economic conditions.

The report also singles out Malaysia as one of only two Asian economies where household debt “exceeds 70% of GDP”. Many economists have concluded that Malaysia’s debt bubble is about to explode.

International ratings agency Fitch also noted that this household debt ratio has increased sharply during the 3 months tax-free holiday spending spree and warned that consumers loaded up on new car loans and credit-card debt will see slower consumer spending in the next few years as they try to repay their debts.

Let's take aside the numerous manifesto promises that have not been delivered and look at the only substantial one that has actually been delivered, abolishing GST.

We wanted to abolish GST because we wanted lower prices. Unfortunately this has not happened and the reverse actually happened instead when SST replaced GST.

Two days ago, the Domestic Economy and Consumer Ministry said it had done a month long survey on 384 goods and services typically bought by Malaysians since SST started on 1st September.
http://www.astroawani.com/berita-malaysia/51-item-alami-kenaikan-harga-susulan-pelaksanaan-sst-187392

Out of these 384 items the Minister surveyed, they found that 51 items actually increased in prices between

Cindybull

1,123 posts

Posted by Cindybull > 2018-10-09 08:53 | Report Abuse

gamuda and mmc being such a strong company and so many oversea projects this one is nothing to them la..if they really want to play tricks and break contract just pay the damn fine since ph good in paying fines

Victor Yong

8,271 posts

Posted by Victor Yong > 2018-10-09 08:53 | Report Abuse

mof wanted lower cost only, gamuda mmc could work it out e.g. simplify the interior design of the station, etc blah3

titus

4,170 posts

Posted by titus > 2018-10-09 08:55 | Report Abuse

True...it is win win...but it wun get back the premium is use to have loh. No more the 20% profit it use to enjoy that is almost without risk.. Now need to work the butt off make sure keep an eye on the project. Any issue will just reduce the profit and possible record loss.

jiunn

866 posts

Posted by jiunn > 2018-10-09 08:56 | Report Abuse

GAMUDA “We are open for discussion” after calling late night to PH.....really con man jobs!!!

JN88

11,670 posts

Posted by JN88 > 2018-10-09 08:57 | Report Abuse

Already kowtow....kikiki

cut cost mean you give rm 1 i give u 1 egg
you give rm 3 i give u 3 egg..

profit margin same only less earn a bit

Victor Yong

8,271 posts

Posted by Victor Yong > 2018-10-09 08:57 | Report Abuse

CEO of mrt corp also berkata susah , komplex retendering, now gamuda mmc is begging and kowtow, boleh bincang sampai jadi :)

JN88

11,670 posts

Posted by JN88 > 2018-10-09 08:58 | Report Abuse

Simply back to rm 3...

Cindybull

1,123 posts

Posted by Cindybull > 2018-10-09 08:58 | Report Abuse

cheapskate ph don't know how to manage country

Posted by EatCoconutCanWin > 2018-10-09 08:59 | Report Abuse

only gamuda got this big digging machines, i not think others company have except gamuda.

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2018-10-09 08:59 | Report Abuse

new gov can U turn one...let see how

Posted by EatCoconutCanWin > 2018-10-09 08:59 | Report Abuse

plus experience from enginering and management,i think gamuda is the first and only company have .

Cindybull

1,123 posts

Posted by Cindybull > 2018-10-09 09:01 | Report Abuse

is shooting up...

Cindybull

1,123 posts

Posted by Cindybull > 2018-10-09 09:02 | Report Abuse

give bad news pull down n collect at cheap now push up cheap skate ph

jiunn

866 posts

Posted by jiunn > 2018-10-09 09:02 | Report Abuse

But again.....trade with TREND and making your desired profits....chance of a lifetime!!!

Cindybull

1,123 posts

Posted by Cindybull > 2018-10-09 09:04 | Report Abuse

gamuda is the only company they can tender locally for the job...So is definitely a buy

jiunn

866 posts

Posted by jiunn > 2018-10-09 09:04 | Report Abuse

Have to give THUMB UP to King of ROTI CANAI....

Posted by sincere_analyst > 2018-10-09 09:05 | Report Abuse

Thank you LGE, now i can cherry pick construction stock and become richer in future ! Haha !

jiunn

866 posts

Posted by jiunn > 2018-10-09 09:06 | Report Abuse

Later quoted “Not terminated, we will go ahead”......

alex

7,854 posts

Posted by alex > 2018-10-09 09:07 | Report Abuse

Cindybull you are correct.

KAQ4468

21,497 posts

Posted by KAQ4468 > 2018-10-09 09:07 | Report Abuse

2nd day of bombing

KAQ4468

21,497 posts

Posted by KAQ4468 > 2018-10-09 09:08 | Report Abuse

Below 1.80 Kasi mariiiiii

Victor Yong

8,271 posts

Posted by Victor Yong > 2018-10-09 09:08 | Report Abuse

inilah mof mau, gamuda mmc come back begging :)

KAQ4468

21,497 posts

Posted by KAQ4468 > 2018-10-09 09:08 | Report Abuse

Tomorrow lagi hantam bom

joeshare

538 posts

Posted by joeshare > 2018-10-09 09:13 | Report Abuse

wah liau.... fall kaw kaw leh
https://www.malaysiakini.com/news/446461

Cindybull

1,123 posts

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

just buy and eat the div 12% per year

Leo_NZ

24 posts

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

before election RM5, after election Rm4 slowly sliding down and up a bit and down again and today down gila2 sudah jadi 2 linggit. Aiyooo

Posted by sincere_analyst > 2018-10-09 09:16 | Report Abuse

I wait below 2.00 , now is catching falling knifes ! Run !

5354

375 posts

Posted by 5354 > 2018-10-09 09:16 | Report Abuse

Loss QR 2.4 cheap?

Cindybull

1,123 posts

Posted by Cindybull > 2018-10-09 09:17 | Report Abuse

good price whack...fair value without mrt 2.55

ks5S

4,601 posts

Posted by ks5S > 2018-10-09 09:18 | Report Abuse

Everyday drop 20 sen. Lama lama masuk tunnel

godhand

1,954 posts

Posted by godhand > 2018-10-09 09:21 | Report Abuse

best case scenerio gamuda retain contract amount because it is uncontested.

worst case scenerio gamuda get back the contract at depressed price. still not end of the world

Victor Yong

8,271 posts

Posted by Victor Yong > 2018-10-09 09:21 | Report Abuse

now come back begging :)

MMC-Gamuda holds out for solution

Victor Yong

8,271 posts

Posted by Victor Yong > 2018-10-09 09:22 | Report Abuse

jangan lari, sila duduk haha

hobson64

653 posts

Posted by hobson64 > 2018-10-09 09:23 | Report Abuse

Gamuda-MMC loss is GKent-MRCB gain...

Posted by sincere_analyst > 2018-10-09 09:24 | Report Abuse

This lousy stock will slump. Today push up for escape wave, then will break below 2.00!!

Cindybull

1,123 posts

Posted by Cindybull > 2018-10-09 09:25 | Report Abuse

for the pass 10 years even the worst crisis remain at 12% u say le

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