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

gkent mrcb tak layak, mmc gamuda was the one local player during the open tendering last time

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

this small case dealing with Milo tin MOf is nothing to them

Posted by joeshare > 2018-10-09 09:27 | Report Abuse

wait for it.. usually follow trend after big drop another big drop will follow suit..

lots of ppl say about tunnel borrowing machine. and etc.. aiyah no money to pay u got tunnel digging machine oso how to pay

Posted by Cindybull > 2018-10-09 09:27 | Report Abuse

this lousy mof will offend many people and company let's see how he come out and turn the story and beg the ppl

Posted by KAQ4468 > 2018-10-09 09:29 | Report Abuse

Pancing ikan bills pancing ikan bills

Petang kena bom...mati kudasai

Posted by Victor Yong > 2018-10-09 09:30 | Report Abuse

:)

The companies said that the underground works was awarded to them in 2016 after an international competitive tender that, due to the challenging ground conditions, had stringent pre-qualification requirements with only five contractors being pre-qualified by MRT Corp Sdn Bhd to tender.

Of the five, MMC-Gamuda was the only local contractor, it said.

The bids were evaluated by the reference design consultant, Arup Singapore Pte Ltd, which was appointed by MRT Corp.

MMC-Gamuda said its bid scored the highest technical score and offered the lowest price.

Posted by CHWong > 2018-10-09 09:30 | Report Abuse

internal news. all other gamuda govt project also hv high risk to be terminate

Posted by cpng > 2018-10-09 09:30 | Report Abuse

Look like FFMs program selling still intace.
Beware!

Posted by 5354 > 2018-10-09 09:31 | Report Abuse

LGE said only international firms can bid so MRCB-Gkent also out.

Posted by cpng > 2018-10-09 09:32 | Report Abuse

Where are sifu traders?
Catching falling knifes show?

Posted by 5354 > 2018-10-09 09:32 | Report Abuse

https://klse.i3investor.com/blogs/savemalaysia/177328.jsp

Posted by 5354 > 2018-10-09 09:33 | Report Abuse

No 2nd chance for Gamuda either.

Posted by Victor Yong > 2018-10-09 09:34 | Report Abuse

so early, already more than 20mil shares traded :)

Posted by Victor Yong > 2018-10-09 09:35 | Report Abuse

another myeg case kot? down badly and up crazily thereafter :)

Posted by Cindybull > 2018-10-09 09:36 | Report Abuse

Can see many so call sifu start to spread fake news on gamuda trying to buy at cheap hahahha

Posted by Cindybull > 2018-10-09 09:36 | Report Abuse

it will shoot up for sure..this is just a cheap skate game play by ph

Posted by Cindybull > 2018-10-09 09:36 | Report Abuse

They want to tender at cheaper price only

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

Only noob will buy today, obvious trap is set ! Bottom not yet seen, below 2.00 at least. Support LGE to kick kroni ass hard !! Drop more !

Posted by 5354 > 2018-10-09 09:38 | Report Abuse

RM 5.2 billion is not kacang duit. A lot of money leh. LGE/Tun M not stupid.

Posted by Victor Yong > 2018-10-09 09:38 | Report Abuse

both gamuda n mmc were in the green... no short selling it seems :)

Posted by Cindybull > 2018-10-09 09:39 | Report Abuse

Yes they just hope it will go lower a bit to collect at cheaper price so said nonsense like only let China do etc

Posted by ray1980 > 2018-10-09 09:39 | Report Abuse

Is not an fake news here.When cancellation confirm letter come out,the share price would be drop second round.Is not an kidding.

Posted by 5354 > 2018-10-09 09:40 | Report Abuse

PH can think out our of RM 5.2 billion underground job RM 500K goes to Rosmah handbags?

Posted by Victor Yong > 2018-10-09 09:41 | Report Abuse

by hindsight, the complexity of retendering, agreed on the completed portion and audit by new player, etc etc make it almost impossible for retendering, etc :)

Posted by okdoke > 2018-10-09 09:43 | Report Abuse

wow blue chip company not spared from being hammer down. any sifu can advised if there would be margin call ( these investors NOT affected by margin calls)? my two sen view.

Posted by Victor Yong > 2018-10-09 09:43 | Report Abuse

mof will issue a statement soon on it as expected. mission accomplished, further savings, semua pihak win haha

Posted by Victor Yong > 2018-10-09 09:44 | Report Abuse

both mmc and gamuda r recovering today :)

Posted by Cindybull > 2018-10-09 09:45 | Report Abuse

Yes is impossible to re tender by other players except gamuda.. They have no choice unless they are truely dumb then I got nothing to say

Posted by 5354 > 2018-10-09 09:46 | Report Abuse

Before cancel already nego cost down but Gamuda said no so cancel only way out.

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

gamuda just proposed a cost saving design

Posted by Cindybull > 2018-10-09 09:47 | Report Abuse

cancel good also let them pay the heavy fine...gamuda got so many projects on hand scare them got teeth? they rugi only

Posted by 5354 > 2018-10-09 09:47 | Report Abuse

Don't play play with LGE. He not dumb like Najib haha.

Posted by armadasaxon > 2018-10-09 09:47 | Report Abuse

Morning up..evening down..haha

Posted by IloveRX > 2018-10-09 09:48 | Report Abuse

Termination will not happen.
No brainer.
Accept lower price thats all

Posted by Cindybull > 2018-10-09 09:48 | Report Abuse

ph good at using ppls money to pay fine

Posted by IloveRX > 2018-10-09 09:48 | Report Abuse

TBM is a v specialized trade.
No others can do it in such short time and cost

Posted by godhand > 2018-10-09 09:49 | Report Abuse

uncle sardin do u know how was the previous tender done? 4 international firm and 1 local firm.

gamuda score highest technical score and lowest price. so what the hell are u trying to say

Posted by Cindybull > 2018-10-09 09:49 | Report Abuse

gamuda had gone through the worst crisis and yet maintain it div payout and this is peanuts to them la

Posted by ks5S > 2018-10-09 09:49 | Report Abuse

Sell in october and go away

Posted by IloveRX > 2018-10-09 09:49 | Report Abuse

this termination news give us chance to enter at lower no so ex price
Well done LGE!!

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

everyone specially the smart one will know lge is horrible dumb only those blind will believe he is smart hahhah

Posted by Cindybull > 2018-10-09 09:51 | Report Abuse

ph will be kick out next election if they continue what they doing..more n more people regret big time..especially the Chinese

Posted by IloveRX > 2018-10-09 09:51 | Report Abuse

NO... LGE is gd FM.
short term pain long term gain.
RESPECT

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

most likely mof will accept gamuda cost saving strategy in term of design. why?

1) 20000 will lose job in this already depressed economy
2) high compensation at no value
3) government have no choice literally

Posted by Cindybull > 2018-10-09 09:54 | Report Abuse

Think is better to home work before say? don't purely believe in lie? everything also over value only proton is worth to invest? hahahah

Posted by Cindybull > 2018-10-09 09:54 | Report Abuse

many short player start to panic

Posted by Victor Yong > 2018-10-09 09:54 | Report Abuse

if u think logically , impossible to retender, if the underground portion collapsed in future, whose is responsible, gamuda mmc or new party if any haha

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

If i3 talk east talk west and talk cock can influence Gamuda movement
then we are famous.

Posted by sardin81 > Oct 9, 2018 09:37 AM | Report Abuse

this drop is not caused by any sifu here, these are huge companies... nothing we say can influence it. We are just here fishing bilis.

Posted by Victor Yong > 2018-10-09 09:56 | Report Abuse

Also the audit work required to verify the portion completed by gamuda mmc along the mrt2 lane... so complex before handing over... etc .. this, very likely, they renegotiate at a lower price so that all parties emerge as winner :)

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

We are open to further discussions — MMC-Gamuda

The EDge......we all play by them....they set a game......we go in kikiki.