GAMUDA BHD

KLSE (MYR): GAMUDA (5398)

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Last Price

9.17

Today's Change

+0.30 (3.38%)

Day's Change

8.93 - 9.20

Trading Volume

7,366,800


6 people like this.

17,511 comment(s). Last comment by KingKKK 15 hours ago

Victor Yong

8,271 posts

Posted by Victor Yong > 2018-10-12 17:10 | Report Abuse

bear with it... be patient :)

Bersusah-susah dahulu bersenang-senang kemudian

Posted by 1519378884747574 > 2018-10-12 17:12 | Report Abuse

Lancau LGE also corrupt but release..fucking rogue nation

Posted by Nelson Tang > 2018-10-12 17:25 | Report Abuse

If the reason can cancel the contract, I am wondering why not cancel the 1MDB contract.

pang72

51,533 posts

Posted by pang72 > 2018-10-12 17:33 | Report Abuse

Bull coming after the bear

pang72

51,533 posts

Posted by pang72 > 2018-10-12 17:33 | Report Abuse

Next week is Big profit generating week by only Gamuda

pang72

51,533 posts

Posted by pang72 > 2018-10-12 17:34 | Report Abuse

Dow up ....expected

Cindybull

1,123 posts

Posted by Cindybull > 2018-10-12 17:52 | Report Abuse

confirm up

newbie5354

555 posts

Posted by newbie5354 > 2018-10-12 17:54 | Report Abuse

sifus who pay to Gamuda? 1MDB not we borrow money? Got same?

Nelson Tang If the reason can cancel the contract, I am wondering why not cancel the 1MDB contract.
12/10/2018 17:25

Victor Yong

8,271 posts

Posted by Victor Yong > 2018-10-12 17:58 | Report Abuse

@1mdb bukan kontrak. :)

Victor Yong

8,271 posts

Posted by Victor Yong > 2018-10-12 18:00 | Report Abuse

1MDB is different, one vehicle to cuci duit haram :)

tksw

12,852 posts

Posted by tksw > 2018-10-12 18:41 | Report Abuse

difficult time.... US sell off but bond yield still up....China plan to sell US bond....some more....veli jilakak

ajibkor

168 posts

Posted by ajibkor > 2018-10-12 19:13 | Report Abuse

Najib: Almost every year I abolished tolls, what about PH?
https://www.nst.com.my/news/nation/2018/10/420629/najib-almost-every-year-i-abolished-tolls-what-about-ph#cxrecs_s

pang72

51,533 posts

Posted by pang72 > 2018-10-12 19:16 | Report Abuse

Huat kau kau = very Huat

tksw

12,852 posts

Posted by tksw > 2018-10-12 19:33 | Report Abuse

ajibkor, tol not tol not the main issue you were being kicked out. it's the money you took....and the way you and your member took ppl business...

pang72

51,533 posts

Posted by pang72 > 2018-10-12 19:38 | Report Abuse

http://www.chinapress.com.my/20181012/雪隆午后大雨多条要道现车龙/

So to delay contraction job will incur or build more river during raining session

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-10-12 19:40 | Report Abuse

Today if no sell, is a big regret

Savigjitah

216 posts

Posted by Savigjitah > 2018-10-12 19:40 | Report Abuse

Look the big picture, what will happen if govenm really terminate the contract.. what will happen lge ;)

Savigjitah

216 posts

Posted by Savigjitah > 2018-10-12 19:41 | Report Abuse

This will trigger the market panic and crisis.. total lost will be more than the 2b u trying to save

Cindybull

1,123 posts

Posted by Cindybull > 2018-10-12 19:50 | Report Abuse

ph claim he took only truth is ph telling lie...if really he took he won't be walking freely now lol

Cindybull

1,123 posts

Posted by Cindybull > 2018-10-12 19:50 | Report Abuse

ph so many fake evidence

zhen wei & JP

1,175 posts

Posted by zhen wei & JP > 2018-10-12 19:54 | Report Abuse

@tksw if china sell U.s bond good idea.
Let every country snezze.

SamuelLuke

2,020 posts

Posted by SamuelLuke > 2018-10-12 19:55 | Report Abuse

Going all the way to rm 2 I guess this counter having troubles

Palmgirl

87 posts

Posted by Palmgirl > 2018-10-12 20:00 | Report Abuse

This mess come about due to the previous BN govt. Stupid greedy Umno BN. Scumbag Umno.

Victor Yong

8,271 posts

Posted by Victor Yong > 2018-10-12 20:27 | Report Abuse

KUALA LUMPUR (Oct 12): The employees of MMC-Gamuda KVMRT are keeping a positive spirit and working as usual on the underground portion of the Mass Rapid Transit 2 (MRT2) which has been the subject of a cost rationalisation exercise by the Government.

Muadh Mohd Nazlee, one of the project engineers, said for now, all of them ignored any rumours on the project and decided to continue working as usual until further announcements.

“Whatever is the outcome, we still need to deliver and do our best,” he told Bernama.

Muadh said the workers, including the Tunnelling Training Academy (TTA) personnel, were relieved by Prime Minister Tun Mahathir Mohamad’s announcement that the Cabinet would re-look the decision to re-tender the unfinished underground portion of the project and set up of a committee to re-examine the contract.

On Oct 7, Finance Minister Lim Guan Eng said the Cabinet had decided to terminate the MMC-Gamuda contract to build the underground portion of the MRT2 project, adding that all unfinished underground work would re-tendered via an open tender.

He said the MRT2 project was expected to save RM5.22 billion or 23 per cent of the original cost for the above ground portion of the project, following the open tender exercise.

However, MMC-Gamuda said almost 20,000 employees from a supply chain of more than 600 Malaysian companies would lose their jobs following the termination of the contract.

In his response, Lim gave an assurance that the MRT2 underground contract would continue, but it would be awarded through an open tender at a reduced cost.

Muadh said the workers lauded the Government’s decision and hoped for the best for every parties involved and wished MMC-Gamuda would remain as the main contractor.

“We are hoping that our management can give their best offer, and both parties can achieve a win-win situation. In short, all of us here are still hopeful and crossing our fingers that things can be renegotiated,” he said.

Meanwhile, four Ministers, including Economic Affairs Minister Datuk Seri Azmin Ali, who were said to be members of the committee, would revisit the MRT2 underground contract.

Azmin had said that the committee would start re-examining the contract soon "because we don't intend to hold the project" and want to make a decision "as soon as possible".

He also gave an assurance that the discussions would take into consideration the Government's desire to protect the workers involved.

In the midst of the decision, MMC-Gamuda has pledged to adopt an “open book approach” if fresh negotiations were to be held.

It was made to understand that 70 per cent of the workforce, especially highly and medium-skilled workers were locals, of whom 60 per cent were Bumiputeras.

Not only the workers will be affected if the contract were to turn sideways, but those under the MMC-Gamuda’s TTA programme will also be in limbo.

The TTA, launched in December 2011 by Dr Mahathir, was set up to exclusively meet the need for tunnelling skills and expertise for the MRT project currently being implemented by the government in the Klang Valley.

The academy, which enrols trainees from secondary school leavers to degree holders, is the world’s first training school designed to specifically produce skilled manpower for the tunnelling industry, in line with the government’s aspirations to transform Malaysia into a high-income nation by 2020.

The academy trains the local workforce in the highly specialised field of tunnel construction and provides a number of specialists to support the roll-out of the MRT project.

Among the specialised tunnelling projects that have been conducted by Gamuda were the SPRINT Expressway, SMART Tunnel, Electrified Double Track Railway Project, and Kaohsiung MRT (Taiwan).

Shines

2,824 posts

Posted by Shines > 2018-10-12 21:00 | Report Abuse

Why can down so much, cannot up a bit more?

Posted by 1519378884747574 > 2018-10-12 21:15 | Report Abuse

Fuck tony pua..

probability

14,496 posts

Posted by probability > 2018-10-12 21:22 | Report Abuse

Tony Pua's oxford educated brain cells exists to hate & attack BN cronies only...

too bad its due to years of conditioning under opposition...hardwired already..cannot change...

he can only focus on that

he seems unable to tap his Oxford knowledge on Economics, to think out of the box to save Malaysia...

probability

14,496 posts

Posted by probability > 2018-10-12 21:30 | Report Abuse

if truly we are in deep shit...sell the assets government have...

why must you cannibalize other companies acquired contract/assets..irrespective of how they had acquired it...that is something already done and taken place.

thats giving a very bad impression on government...

are we not able to dispose assets held by government in overseas?

tokti

2,643 posts

Posted by tokti > 2018-10-12 21:34 | Report Abuse

Special committee set up but no one know any actions start to take. All ministers are busy in their roles n Gamuda continues with their works as mentioned by Victor Yang..seems nothing happen..will the price goes up or coming down? No clear sign is good sign ??

beinvested

2,447 posts

Posted by beinvested > 2018-10-12 21:51 | Report Abuse

EPF acquired 2 Million units on 9 OCT 2018. On that day, closed at RM2.36, highest RM2.50 and lowest RM2.36 so the average price probably paid by EPF was RM2.43 only. Those subsequent days also appeared to have support from certain institutional funds. EPF will gain if the price continue to improve.

Posted by Lukesharewalker > 2018-10-12 21:55 | Report Abuse

probably succumb to profit taking on Monday

Savigjitah

216 posts

Posted by Savigjitah > 2018-10-12 22:09 | Report Abuse

Who still dare to sign contract with ph

Victor Yong

8,271 posts

Posted by Victor Yong > 2018-10-12 22:30 | Report Abuse

Fell from 3.2+, no profit taking yet haha

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-10-12 22:33 | Report Abuse

Those,who chased high all counters sure die next mon

pang72

51,533 posts

Posted by pang72 > 2018-10-12 22:37 | Report Abuse

ya lor..
Chase low and lower like Gamuda will earn BIG money!!

Victor Yong

8,271 posts

Posted by Victor Yong > 2018-10-12 22:41 | Report Abuse

Ya lor, korang tak Beli, epf sapu murah lor :)

[GAMUDA] Change In Substantial Shareholder's Shareholding - EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD") on 12-Oct-2018
Stock [GAMUDA]: GAMUDA BHD
Announcement Date 12-Oct-2018
Substantial Shareholder's Particular:
Name EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD")
Details of Changes:
Currency -
Date of Change Type Number of Shares
09-Oct-2018 Acquired 2,000,000
Registered Name Citigroup Nominees (Tempatan) Sdn Bhd - EPF BOARD
Nature of Interest Direct Interest
Description -
Nature of Interest Direct Interest
Shares Ordinary shares
Reason Acquisition of shares (Please refer to the detail of changes below)
Total no of securities after change
Direct (units) 277,417,205
Direct (%) 11.24
Indirect (units) 0
Indirect (%) 0.00
Total (units) 277,417,205
Total (%) 11.24
Date of Notice 10-Oct-2018

pang72

51,533 posts

Posted by pang72 > 2018-10-12 22:44 | Report Abuse

Obviously fund managers are panic buying .

pang72

51,533 posts

Posted by pang72 > 2018-10-12 22:45 | Report Abuse

Next Monday will be chasing up like hell.

godhand

1,952 posts

Posted by godhand > 2018-10-12 22:51 | Report Abuse

Posted by probability > Oct 12, 2018 09:22 PM | Report Abuse

Tony Pua's oxford educated brain cells exists to hate & attack BN cronies only...

too bad its due to years of conditioning under opposition...hardwired already..cannot change...

he can only focus on that

he seems unable to tap his Oxford knowledge on Economics, to think out of the box to save Malaysia...


u will be stupid once u become politician. that unavoidable

Cindybull

1,123 posts

Posted by Cindybull > 2018-10-12 23:06 | Report Abuse

he is program to play politic only...he is just a opposition idiot who know how to play the tricks...Tony pui

Cindybull

1,123 posts

Posted by Cindybull > 2018-10-12 23:07 | Report Abuse

Anyway during Jib time he Only gave money to rahyat and creat opportunity whereas PH only know how to take money from rahyat

Cindybull

1,123 posts

Posted by Cindybull > 2018-10-12 23:07 | Report Abuse

and cut cut...stupid ph

gsi723

907 posts

Posted by gsi723 > 2018-10-12 23:46 | Report Abuse

Good one probability .. LGE must be more reasonable, contain his ego.

gsi723

907 posts

Posted by gsi723 > 2018-10-12 23:48 | Report Abuse

Tony pua wrote stupid political motivated letter... this is not ceramah ok...

gsi723

907 posts

Posted by gsi723 > 2018-10-12 23:56 | Report Abuse

Cancel all 1MDB debt, coz the contract sign by previous Govt...lagi easy leh! because it’s a local company, LGE think he boleh buat anything...

qqq3

13,202 posts

Posted by qqq3 > 2018-10-13 00:43 | Report Abuse

gamuda better not talk...

MRT1 and the completed 40% portion...how much profits siphoned off already?


talk too much Tony Pua gets angry and expose it then you know.

qqq3

13,202 posts

Posted by qqq3 > 2018-10-13 00:44 | Report Abuse

only a small portion of the profits are retained in the accounts.

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