Posted by viknes36 > 2018-10-12 00:26 | Report Abuse

watever it is, invest wisely. think logically. market is bad. Dont be short sided and greedy.

Posted by Magis > 2018-10-12 00:26 | Report Abuse

https://thecoverage.my/news/mmc-gamuda-complaint-20000-job-losses-top-management-getting-rm-25-million-salary-year/

20k workers loss job or Loss Self $$?

Posted by Lukesharewalker > 2018-10-12 00:27 | Report Abuse

dow is green now

Posted by singh1 > 2018-10-12 01:04 | Report Abuse

America is hurricane country. Never know when the next storm is coming. Dow can go down 20 - 30 % in a matter of days. Be very careful.

Posted by mf > 2018-10-12 03:41 |

Post removed.Why?

Posted by singh1 > 2018-10-12 05:09 | Report Abuse

CNN latest updates. Trump pung sai again.

Dow tumbles over 500 points, bringing 2-day losses to more than 1,300 points.

Posted by singh1 > 2018-10-12 05:11 | Report Abuse

PH goverment and Gamuda better give each other a hug and make peace, if not kena lah.

Posted by warchest > 2018-10-12 07:17 | Report Abuse

Hope Nobita, Suneo don't break the market again. For now in Malaysia, no news is good news to investors. Restore the confidence as we are just emerging economy nation not developed. We are lacking of attractiveness

Posted by warchest > 2018-10-12 07:21 | Report Abuse

Hope those so called good politicians don't politicised the economy again and those companies in Malaysia. We know how bad the previous government is, that's why we voted them out. For now, no need to show how bad the previous gov ppl is, let the AG does his work. New gov must show that they are better in growing the economy, employment and regain confidence of the investors

Posted by Andre Kua > 2018-10-12 07:21 | Report Abuse

LoL... all these years under bn regime really brainwash a lot of people. No wonder Malaysia is easy meat. They aren't used to competitions. They want to have easy life, guaranteed profits, and even talk about how to run a country.

If you are so confident that mmc gamuda bid is the cheapest, why not just re-tender? I'm pretty sure they will still get it if this is proven to be true. Why are they lowering their tone now?

Moreover your epf denomination is in Ringgit Malaysia. Even if gamuda went bust and wipe billions of epf warchest, your money wouldn't dwindled a single cent.

Posted by shark007 > 2018-10-12 07:29 | Report Abuse

this October is damn scared..
if there are not strong good news by government,and Dow Jones,Nasdaq still drop.
please dont give more hope of malaysia klse in this beginning of month ..

will continue big drop and small up every day (it make you very sad after give you a small sugar), you will die on your own hand without preparing.

waiting until election finish of trump. and depend on the result.



actually gamuda will up on the beginning of times
but defiantly will not up much now.world influence is damn risk and high.


watch movies and wait the share deep either choose which one good share is better that you are on red sea..this money is gain by stupid hope way.

same warning, please save your cash hold your belt.

Posted by Cindybull > 2018-10-12 07:55 | Report Abuse

hahahh be in no news or bad news or no strong news gamuda will still be up as the fair value is definitely above 2.5 now is super under value and oversold by noise only...those who who bought just enjoy the 12% div when up to 3.5 or 5 can just sell...mrt will definitely be them ...ph just trying to pull a fast one on them low ball cheap skate...bn also low ball like ph before for 60 years ..bn also never ask citizen to donate money so for shui for 60 over years ...don't worry if ph don't change Malaysia I'll be GG all strong company will not do business with govt let them die

Posted by Cindybull > 2018-10-12 07:56 | Report Abuse

Malaysia got not much investment in US so even US crash it will.nlt effect Malaysia only the stupid ph will..so if nothing better to say or do ask them shout the F up will do

Posted by TrippleZ > 2018-10-12 07:57 | Report Abuse

Andre Kua, re-tender will takes months. Gamuda will be sued by suppliers and contractors.

Posted by EatCoconutCanWin > 2018-10-12 07:57 | Report Abuse

big fish already left when closing la.. now ikan bilis struggling to sell at lower price.hahaha

Posted by Skng Keong > 2018-10-12 07:59 | Report Abuse

If want to buy better wait until mid of Nov.

Posted by Cindybull > 2018-10-12 08:03 | Report Abuse

all cost will be bear by govt ..gamuda will bill them the fine is under the contract bozo

Posted by Cindybull > 2018-10-12 08:04 | Report Abuse

govt rich don't mind can pay the fine

Posted by Cindybull > 2018-10-12 08:04 | Report Abuse

shark collecting non stop at closing

Posted by Cindybull > 2018-10-12 08:04 | Report Abuse

this is the only chance to buy Nov it will be 3.5 min

Posted by Cindybull > 2018-10-12 08:05 | Report Abuse

contract will resume

Posted by Cindybull > 2018-10-12 08:05 | Report Abuse

short seller will be all die...yesterday short seller all cut loss left only few ikan billis short seller here creat fake negative news

Posted by 一卖 就涨 > 2018-10-12 08:05 | Report Abuse

Nobody dare to reduce public servant 's number, 80bil every year, largest expense for gov.

Posted by Savigjitah > 2018-10-12 08:14 | Report Abuse

Public servant is the biggest issue 80b !

Posted by pypw > 2018-10-12 08:20 | Report Abuse

Some optimistic, but those had missed the boat wanted it to be cheaper for entry points. Interesting don't think? Haha...

Posted by tehka > 2018-10-12 08:27 | Report Abuse

Omg. . Wake up see djia -545.
Things going to get ugly..

Posted by tehka > 2018-10-12 08:29 | Report Abuse

https://www.thestar.com.my/business/business-news/2018/10/12/machines-take-the-blame-as-us-stock-market-sells-off/

Posted by GoodBoy > 2018-10-12 08:29 | Report Abuse

Global equities bloodbath ... be cautious ...

Posted by tehka > 2018-10-12 08:30 | Report Abuse

Ini bukan salah mesin. ... salah lim guan eng. .. ;p

Posted by beinvested > 2018-10-12 08:31 | Report Abuse

Remarkably, the parties which have a mission to support the pricing as displayed by the movement of the price up yesterday managed well. So, the suffered losses ones could exit with less bruises. Understandably, the shorties have had their medicines clearly. The best doses prescribed were during the last few minutes before the afternoon session ended in which the price was whacked all the way up quickly until RM2.38 already. Worrying that the price may increase even further after the lunch time, these shorties looked covering their positions as high as RM2.38 but somehow the share price closed at RM2.30 only. In a way, shorties were caught at RM2.39 also. Maybe the instituitional funds like EPF was competing with those short sellers.

Posted by Microbilis > 2018-10-12 08:32 | Report Abuse

New gov is Joker..got new mof LGE is big disaster for us..talk also no use brain..maybe clown lai 1

Posted by Faiz Zanos > 2018-10-12 08:32 | Report Abuse

i think theres r at 2.5

Posted by pypw > 2018-10-12 08:34 | Report Abuse

Don't fear. Market clash is the best entry point for those have cash on hand. I guess

Posted by titus > 2018-10-12 08:36 | Report Abuse

finally Azmin has spoken,.......at least someone wise from PH has open his mouth. They will continue to discuss and find resolution. I wonder today will continue to rebound? US stk all down

Posted by jeffng570 > 2018-10-12 08:37 | Report Abuse

Cindybull short seller will be all die...yesterday short seller all cut loss left only few ikan billis short seller here creat fake negative news
12/10/2018 08:05


you are from bn?????under jib gor????

Posted by Ricky Yeo > 2018-10-12 08:38 | Report Abuse

A typical victim mindset, something not doing well, blame government. Used to be blaming BN, now LGE.

Posted by Victor Yong > 2018-10-12 08:40 | Report Abuse

:)

PETALING JAYA: Shares in Gamuda Bhd and MMC Corp Bhd rose after it was announced that the Cabinet had set up a committee to review the underground contract that was awarded to MMC-Gamuda for the mass rapid transit 2 (MRT2) project.

At 5pm yesterday, Gamuda saw its share price increasing by more than 11% to close at RM2.30, while MMC Corp increased one sen to RM1.13.

Yesterday, Economic Affairs Minister Datuk Seri Mohamed Azmin Ali (pic) confirmed that a committee had been set up to consider the project’s costing, design and details. He said this on the sidelines of South China Morning Post’s China Conference.

Meanwhile, a source said Gamuda would be setting up a task force of its own to handle negotiations regarding the MRT2 project.

“Cool heads will prevail going forward in settling issues concerning the project,” the source said.

Earlier yesterday, quoting a source, StarBiz reported that the Cabinet had set up a committee comprising four ministers to revisit the project.

According to the source, the four members of the committee are Finance Minister Lim Guan Eng, Works Minister Baru Bian, Transport Minister Anthony Loke and Azmin.

On Wednesday, member of parliament and Finance Ministry (MoF) political secretary Tony Pua had written a scathing letter to MMC-Gamuda, suggesting that the contractor had waged a campaign to overturn the MoF’s decision to cancel its contract for the underground works.

A source told StarBiz that as new negotiations take place, MMC-Gamuda would most likely agree to costs being reduced further, but it will not come down to the level the MoF is looking at.

According to Pua, prior to the MoF’s decision to terminate the contract, MMC-Gamuda had agreed to a cost reduction of RM2.13bil to the contract value of RM16.71bil.

This fell short of the MoF’s expectation of RM4.19bil to RM5.79bil in cost savings for the remaining 60% of works yet to be completed, as advised in a study done by an independent consulting engineer.

The MRT2 line runs from Sungai Buloh to Serdang and ends in Putrajaya. It is to complement the existing MRT line that runs from Sungai Buloh to Kajang.

Posted by Faiz Zanos > 2018-10-12 08:40 | Report Abuse

cindybull what do you mean by 3.5 min

Posted by Victor Yong > 2018-10-12 08:41 | Report Abuse

:)

Meanwhile, a source said Gamuda would be setting up a task force of its own to handle negotiations regarding the MRT2 project.

“Cool heads will prevail going forward in settling issues concerning the project,” the source said.

Posted by Victor Yong > 2018-10-12 08:41 | Report Abuse

:)

http://www.klsescreener.com/v2/news/view/442420

Posted by warchest > 2018-10-12 08:41 | Report Abuse

to me u need someone like Azmin. He is much more wiser leader to resolve this conflict as he is calm, decisive and far more experienced. Others have failed and real expertise needed. He managed to resolve much more issues during his time in Selangor.

Posted by warchest > 2018-10-12 08:43 | Report Abuse

“Cool heads will prevail going forward in settling issues concerning the project,” the source said. U need someone with cool heads. calm, tactical in resolving issues and shouting, rejecting, hostile approaches won't resolve this issue

Posted by warchest > 2018-10-12 08:46 | Report Abuse

that's why i fully agreed, that the roles of Finance Ministry to break into 2 - purely finance and economics departments. Tun Mahathir is wise knows their expertise. Now we know why he did that

Posted by ffadzil > 2018-10-12 08:47 | Report Abuse

The govt must respect the sanctity of contracts. Nobody will sign any agreements with us if we can cancel just like that.

Posted by titus > 2018-10-12 08:48 | Report Abuse

today gamuda must break 2.35 if it want to continue uptrend.....so finger cross it can break 2.35, 2.45 & then 2.65

Posted by warchest > 2018-10-12 08:50 | Report Abuse

Grateful to Tun Mahathir that that the roles of Finance Ministry to break into 2 - purely finance and economics departments. Else will turn into disaster for the nation

Posted by KAQ4468 > 2018-10-12 08:50 | Report Abuse

laii laii laiii

mari tikam

30 cents game


plus 30 cents
minus 30 cents


2.30 to 2.6
2.30 to 2.0

Posted by optimusprimeXV > 2018-10-12 08:59 | Report Abuse

renegotiation is on-going..the project will not be cancelled. Is all about the price...the next thing is some investment bank is going to write a report on the revised earnings, the stock price goes back to 3.00

Posted by Alex™ > 2018-10-12 09:02 | Report Abuse

Today open big!

Posted by Faiz Zanos > 2018-10-12 09:02 | Report Abuse

gap up very nice