Posted by sjwee3 > 2018-10-09 22:26 | Report Abuse

Govt won't fund to bail Gamuda. Just let it sink.

Posted by GoodBoy > 2018-10-09 22:27 | Report Abuse

If I m not mistaken ... MOF stated that currently KLSE's liquidity is at 30% (free float shares) ... They intend to increase the liquidity to 60% ... The additional 30% would come from GLC funds disposing in open market ... Any millionaire or billionaire out there interested to take over from them ? ... Quite scary I guess, not sure how serious is the impact to KLSE ...

Posted by Lucas Chan > 2018-10-09 22:27 | Report Abuse

Sjwee3 how come you so negative?

Posted by sjwee3 > 2018-10-09 22:27 | Report Abuse

The impact is just tiny only.

Posted by ooibkk23 > 2018-10-09 22:30 | Report Abuse

If government u turn, tomorrow price also will u turn. I can buy KFC...

Posted by sjwee3 > 2018-10-09 22:33 | Report Abuse

These is process of revolution. Get rid of lausy GLC. Bring new competitive company to Klse to boost klse.

Posted by Victor Yong > 2018-10-09 22:33 | Report Abuse

Day 1, 2 jatuh, esok day 3 Naik :)

Posted by GoodBoy > 2018-10-09 22:36 | Report Abuse

KLSE capitalisation is about 1,800 billion ... 30% of it would work out to be about 500 billion ... Hmmm ...

Posted by apple168 > 2018-10-09 22:44 |

Post removed.Why?

Posted by risenfall > 2018-10-09 22:48 | Report Abuse

might be like ecrl and hsr...first announce terminate, later review, later nego, last last...?
gamuda price will likely fluctuate aggressively in near term...not wrong to enter when it is low, but shall not be so gullible to accept any announcement as conclusion for who knows how much turn the tide might take before it settles...

Posted by apple168 > 2018-10-09 23:07 | Report Abuse

For the sake of 20k workers and drag the whole nation citizen to suffer together with new TAX is not a wise move from PH government!

We support LGE, finance minister in cancellation of the tunneling project to Gamuda-MMC. Brilliant move indeed!

Posted by shareinvestor88 > 2018-10-09 23:09 | Report Abuse

Sell run tp 1.00

Posted by Buy1sell2 > 2018-10-09 23:13 | Report Abuse

Just sell and wait for it to stabilize. Panic selling.

Posted by Vorster89 > 2018-10-09 23:22 | Report Abuse

Lrt 3? Why

Posted by Savigjitah > 2018-10-09 23:28 | Report Abuse

Ph gov is real shitport

Posted by Kc Teh > 2018-10-09 23:28 | Report Abuse

project cancel or not, new tax also continue run.

Gamuda likely oversold, MMC today up 3%.

For me, LGE is like the bad person, TM is the good person, political aspect to pressure MMC Gamuda JV to further cut cost.

40 % progress, suddenly terminate, no need pay cancellation fee? considering cancellation fee, more cost involved.

Open for retender, is the plan B confirm lower cost (uncertainty).

Overall, cancellation is a bad move, affect too many stakeholders, delaying the whole project.

Another situation is, MoF only see money, No 1 see overall big picture.

Posted by shareinvestor88 > 2018-10-09 23:32 | Report Abuse

Sell n run fast

Posted by probability > 2018-10-09 23:32 | Report Abuse

good logic there...


Posted by Kc Teh > Oct 9, 2018 11:28 PM | Report Abuse

project cancel or not, new tax also continue run.

Gamuda likely oversold, MMC today up 3%.

For me, LGE is like the bad person, TM is the good person, political aspect to pressure MMC Gamuda JV to further cut cost.

40 % progress, suddenly terminate, no need pay cancellation fee? considering cancellation fee, more cost involved.

Open for retender, is the plan B confirm lower cost (uncertainty).

Overall, cancellation is a bad move, affect too many stakeholders, delaying the whole project.

Another situation is, MoF only see money, No 1 see overall big picture.

Posted by 8u29song > 2018-10-09 23:33 | Report Abuse

Tun M interfering.....will up.....I grab if morning down again...

Posted by optimusprimeXV > 2018-10-09 23:34 | Report Abuse

Tomorrow those short will really have to sell your underwear

Posted by Kc Teh > 2018-10-09 23:42 | Report Abuse

if tomorrow still throw at 2.38. Something wrong with his brain.

Now still uncertainty whether project terminate or not. Throw stock at 9 years low, hmmm....

Posted by Cindybull > 2018-10-09 23:50 | Report Abuse

before MRT gamuda already strong every year pay 12% div without fail. So if really cancel by the stupid Mof no big deal take the div every her still better than FD..thise short seller shouting 1.5 it will never happen cuz gamuda is a damn strong company many projects and tender in oversea and local mrt is nothing to them la..those on internet cybertrooper will said not is the best even he do shit and feed them shit let it be

Posted by ks55 > 2018-10-09 23:51 | Report Abuse

TP 1.50 by year end....

Posted by Cindybull > 2018-10-09 23:51 | Report Abuse

tun M ask MOF shit he must shit..that's the ball game now

Posted by Cindybull > 2018-10-09 23:54 | Report Abuse

how I wish it can hit 1.5 so I can buy more...but pleaee do homework before u shout...gamuda fair value without mrt is 2.5 u canf cheat ppl because u shorting

Posted by Cindybull > 2018-10-09 23:56 | Report Abuse

Good luck for those blind followers on news and now I know why ph can win cuz too many lazy ppl don't like to do homework and just follow..die fast oo

Posted by Cindybull > 2018-10-09 23:58 | Report Abuse

please do FB and check out who is those 20k workers many are managers and engineers who is Malaysian with kids and family...they are so regret to voted the ph...many govt agency close shop...not every thing is like what ph said cronies la...corrupt is...are they the one not currput and rest all corrupt?

Posted by ks55 > 2018-10-10 00:01 | Report Abuse

Stock: [GAMUDA]: GAMUDA BHD

Oct 8, 2018 10:12 AM | Report Abuse

As main-con for MRT2, no easy meat now.
Everything will have to well plan ahead, like cash flow on payments, interest expenses, cost effective, etc-etc.
Any cost overrun will be borne by Turnkey Contractor, very high risk for MMC-Gamuda now as they use to escalate cost (by VO) and pass all additional charges to the govt.

Look like Gamuda may go bankrupt if cost overrun exceed 10 billion ringgit, which is very possible looking back at how things were done previously.

Posted by Cindybull > 2018-10-10 00:01 | Report Abuse

shorting is dangerous esp u short at a strong company like gamuda...gamuda won't die because of this small little project...on my the ppl got no mrt take bus mini only ...

Posted by Cindybull > 2018-10-10 00:02 | Report Abuse

ph supporter everything also cronies every thing also over price then better just back to accent use butter system..hajahah

Posted by ks55 > 2018-10-10 00:02 | Report Abuse

Posted by ks55 > Oct 8, 2018 04:54 PM | Report Abuse X

As a turnkey contractor, no more easy meat as PDP.
It has to bear any cost overrun and cannot pass to govt.
See how much escalated when MRT2 first announced.
If MRT2 cost overrun by 10 billion, which is highly probable tic history of MRT1 and MRT2, effectively make Gamuda a potential bankrupt candidate......Only Public Anal-list fail to visualize it.

Posted by Cindybull > 2018-10-10 00:03 | Report Abuse

ancient *

Posted by ks55 > 2018-10-10 00:03 | Report Abuse

Posted by ks55 > Oct 8, 2018 04:55 PM | Report Abuse X

You trust Public Anal-list, surely you will go to holland

Posted by ks55 > 2018-10-10 00:04 | Report Abuse

Posted by ks55 > Oct 8, 2018 04:57 PM | Report Abuse X

TP 1.50 by year end

Posted by Ron90 > 2018-10-10 00:04 | Report Abuse

this in not a reban ayam project ler Mr LGE !!... cannot simply use dumb calculation, where stop work, terminate contract halfway and re-tender. this one olso donno how to think straight.. day by day this LGE shows his stupidity, ignorance and ego..

Posted by ks55 > 2018-10-10 00:08 | Report Abuse

MRT1 tunnel project also kena sued.
MRT2 tunnel project surely cost overrun.
You must pray hard it won't delay for too long, or else LAD pun boleh buat Gamuda bankrupt......

Posted by sjwee3 > 2018-10-10 00:15 | Report Abuse

Eat your own shit and throw back all the profit to compensate the lawsuit between massive overdose party with financial statements of negative profit incurred for next quarter. And quietly disappeared from KLSE. So that new innovative company can substitute the lausy GLC so as to liquidize the share to boost market. No bail up.

Posted by Cindybull > 2018-10-10 00:35 | Report Abuse

hahahah...lge to gamuda is just a small fry..no mrt no big deal just pay the damn fine since rahyat so rich help them pay fine..LGE really can go down soon

Posted by Cindybull > 2018-10-10 00:36 | Report Abuse

first Chinese mof first mof go down in 1 year hahah tor shui Chinese

Posted by sjwee3 > 2018-10-10 00:43 | Report Abuse

金务大，拖衰大

Posted by sjwee3 > 2018-10-10 00:50 | Report Abuse

No need bail up just terminate it. 一箭多雕，dont hesitate for govt financial councils.

Posted by ks55 > 2018-10-10 00:53 | Report Abuse

As far as we know, MMC-Gamuda is no more MRT2 PDP.
Now it has to sweat to get paid.
Who pay sub-con now?
Who pay building material?
Who pay interest?

Last time as PDP, all cash flow problem tolak to govt.
Want money? Go and look for govt.
Sitting in air-con office, 'consulting fees' will come by as a percentage for work in progress.
Need to foot out a sen?
No need lah.
Kon lou kon lou, gaji buta.

Already so use to easy money.
Sleeping on the job also can make money.
If this type of mentality still in practice after it turn main-con under turnkey project, surely cost overrun and delay in completion.
Surely Gamuda will go bankrupt.

TP 1.50 by year end is realistic.

Posted by zhen wei & JP > 2018-10-10 01:04 | Report Abuse

Meanwhile Malaysia work 3 hour, rest 5 hour,
Meanwhile China work 10 hours , rest 2 hour.
Meanwhile Taiwan work 14 hours, rest 1 .5 hour
Hahaha

Posted by Cindybull > 2018-10-10 01:06 | Report Abuse

hahah someone really put a lot of money to want gamuda die and he can be rich...please get ready to cut if not you going to lose a big one

Posted by sjwee3 > 2018-10-10 01:07 | Report Abuse

They say gamuda too big to collapse. I think lanpa da only.

Posted by ivan9511 > 2018-10-10 01:14 | Report Abuse

all in also no need to scare,
gamuda DOWN whole world also down ,
gamuda same as Maybank cannot down one ,
All IN at 2.38 , later up I will say easy money ,
same as Ivan untung on orion and Ranhil
easy money

Posted by sjwee3 > 2018-10-10 01:17 | Report Abuse

Lanpa da also will collapse. Too big already.

Posted by sjwee3 > 2018-10-10 02:20 | Report Abuse

https://youtu.be/iUiVUTelQBY all gaji buta

Posted by Maynot > 2018-10-10 03:02 | Report Abuse

As long as MoF can still talk, you dont have to worry, everything also can collapse.

Posted by 4444 > 2018-10-10 04:36 | Report Abuse

Guan Eng unmoved by MMC Gamuda JV plea
http://www.thesundaily.my/news/2018/10/10/guan-eng-unmoved-mmc-gamuda-jv-plea