Posted by zerocool7199 > 2018-10-21 10:42 | Report Abuse

Seems ph make the whole market slowdown and replacement sst with gst make thing higher price again from last.they seem lack in experience...recently many of their shock move already make our emerging market bloodbath.foreign investor and even local are no confident toward us.financial crisis just infront us if still no handle it well

Posted by ABSBOSS > 2018-10-21 11:13 | Report Abuse

LGE said he increase consol acc to 3.25B from 450M.. Hahahaha..

Posted by Cindybull > 2018-10-21 13:43 | Report Abuse

ph going to destroy the country in no time. .they just thinking how to dig more money for themself before the country collaos

Posted by Cindybull > 2018-10-21 13:43 | Report Abuse

collaps

Posted by Cindybull > 2018-10-21 13:44 | Report Abuse

removes gst is merely for political play. things where got cheap worse than before gst..all ph diam diam

Posted by 1519378884747574 > 2018-10-21 13:58 | Report Abuse

Oi..cindybull u support gamuda till sohai ady isit?

Posted by steelman > 2018-10-21 14:57 | Report Abuse

simple example. with gst, Hup seng cream cracker RM4.20. Now without GST RM3.60. At tesco and many other places.

Posted by 一卖 就涨 > 2018-10-21 17:45 | Report Abuse

wow, why 6% increase selling price until 0.60?

Posted by TrippleZ > 2018-10-21 18:04 | Report Abuse

Price of consumers goods sold in supermarkets are heavily influence by price war. GST or SST has minimal impact.

Posted by KAQ4468 > 2018-10-22 09:19 | Report Abuse

good news tarak.... bom atom ada

Posted by TKP9966 > 2018-10-22 09:26 | Report Abuse

Keep dropping ? Anyone know what happen ?

Posted by dcba > 2018-10-22 09:28 | Report Abuse

drop because no news.. boring already

Posted by kalanlady > 2018-10-22 09:29 | Report Abuse

wow, really bom mari ka, bole dpt cheap stock lagi lo mcm ni >,<

Posted by KAQ4468 > 2018-10-22 09:29 | Report Abuse

why keep dropping ??
what happened ??



price have to drop lorrrr.... baru kita boleh beli


or lu sudah sangkut ???


hihihihih

Posted by kalanlady > 2018-10-22 09:32 | Report Abuse

got many celebrities promote lagi.... buy buy buy, without gb ph bole jadi, gb without ph bole pun jadi.... skrg apa pun bole jadi... prata king ka, roti canai ka, capati ka... ia masih bole jadi

Posted by qqq3 > 2018-10-22 09:33 | Report Abuse

gamuda, short term a lot of speculative interest.....longer term below $2.......

Posted by kalanlady > 2018-10-22 09:47 | Report Abuse

apa mcm myeg naik, gamuda masih turun. bukan ka ia jatuh disebabkan myeg jatuh ka?

Posted by KAQ4468 > 2018-10-22 09:52 | Report Abuse

drop more !!!
drop more !!!


I like !!!


yeahhhhhhh

Posted by KAQ4468 > 2018-10-22 09:53 | Report Abuse

1.80 kambingggggg !!!!

Posted by kalanlady > 2018-10-22 09:57 | Report Abuse

lagi 180 mau ka, nnti orang kasi diu u pula wei... >,<

Posted by KAQ4468 > 2018-10-22 09:59 | Report Abuse

Gamuda (2.3 ) & TM (2.3)


both 1.80 kambinggggggg


Game of the year ...



due by 31st Dec'8


kikikikiki

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

majority commented here didnt buy any gamuda share...they are here just to kacau

Posted by Victor Yong > 2018-10-22 11:02 | Report Abuse

just waiting for announcement...nothing else

Posted by KAQ4468 > 2018-10-22 11:51 | Report Abuse

Enemiemannan : majority commented here didnt buy any gamuda share...they are here just to kacau

22/10/2018 10:23



why should buy Gamuda share now ??
or last week ?
or last 2 week ?
or last 3 week ?
or last month ?


only moron buying share for losing money


kah kah kah

Posted by KAQ4468 > 2018-10-22 12:07 | Report Abuse

day by day counting loss


kah kah kah

Posted by DingDongHai > 2018-10-22 12:29 | Report Abuse

Funny remark by cindybull

Posted by tehka > 2018-10-22 12:55 | Report Abuse

Wow shanghai +100 points HsI +700 points

Posted by rajachulan > 2018-10-22 14:44 | Report Abuse

SMA 10 pointing down...

Posted by kalanlady > 2018-10-22 15:25 | Report Abuse

lembu itu tetap lembu walaupun apa keabjaipan dilakukan, ia tak akan jadi anjing atau kerbau atau wahai manusia

Posted by IVAN2222 > 2018-10-22 17:24 | Report Abuse

https://www.theedgemarkets.com/article/sorting-out-mrt2-underground-works-dilemma

Posted by apolloang > 2018-10-22 17:28 | Report Abuse

china up 100 pts,hang seng up 700pts....msia now miskin,everyday down.reporter forgot to ask tun why penny stocks everyday down like hell

Posted by KAQ4468 > 2018-10-22 17:30 | Report Abuse

Malaysia sempoiiii

down 900 counters pun , index still green

Posted by Kendo Ken Hz > 2018-10-22 20:14 | Report Abuse

Gamuda, wake up , this week I think

Posted by probability > 2018-10-22 20:27 | Report Abuse

http://www.theedgemarkets.com/article/govt-can-claim-rm10b-cancelled-ecrl-project-negotiations-still-ongoing-says-guan-eng

walao..kayalah government!

Posted by Cindybull > 2018-10-22 20:41 | Report Abuse

just close eye buy at support nothing to scare

Posted by TKP9966 > 2018-10-22 20:49 | Report Abuse

Haha... everyday keep dropping .. hmmm..

Posted by singh1 > 2018-10-22 21:14 | Report Abuse

Gomen still wants to whack big corporations. Look at ytl and power, also shaking. Whose turn next to face the sharp axe and big stick??

Posted by PKok6655 > 2018-10-22 21:34 | Report Abuse

Tomorrow morning buy some....

Posted by Dr_Mahathir > 2018-10-22 21:58 | Report Abuse

Scrapping mega projects saves govt RM300 billion, says PM
https://www.themalaysianinsight.com/s/105709

Posted by probability > 2018-10-22 22:20 | Report Abuse

Gamuda holds MRT3 edge despite PDP setback

http://www.focusmalaysia.my/Mainstream/gamuda-holds-mrt3-edge-despite-pdp-setback

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

Gamuda Bhd retains an advantage in securing key jobs for the upcoming Mass Rapid Transit Line 3 (MRT3) construction, despite initial fears of being sidelined after the government announced a sudden change of business model for the rail project.

A local industry player tells FocusM the construction giant could still win substantial contracts in the RM40 bil MRT3 project amid intense speculation the main contractor will most likely be a foreign player or a consortium.

“It (Gamuda) has been involved in the MRT project since the early days. Chances are it will still have a role to play as a sub-contractor. It is a huge job and even if Gamuda gets a small slice, it is better than nothing.

“It still has some ace up its sleeves, especially with information accumulated on the entire project so far. It has also invested a lot of money in specialist heavy equipment and assets that were used for lines 1 and 2 that could wind up being utilised for the construction of MRT3,” says the industry player.

RHB Research remains optimistic on Gamuda’s prospects despite the MRT3 setback.

“The East Coast Rail Link (ECRL) and MRT3 mega projects offer ample subcontract and underground related work opportunities to keep the company busy,” it says.

Similarly, AmInvestment Bank says in a recent report that Gamuda is optimistic it could still “work its way into the project”,

citing three main reasons:
.........................

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

Tunnel-boring machines

(1) Firstly, MRT Corporation Sdn Bhd has imposed a local participation requirement of more than 40%.

(2) Secondly, Gamuda has a strong value proposition as a local partner given the database in its possession on the entire MRT project, especially soil conditions, as it was the original master planner.

(3) Finally, Gamuda also has 12 tunnel-boring machines that are still in good working conditions. All these could work in its favour when the MRT3 sub-contracting contracts are dished out.

MRT Corp, 100% owned by the Minister of Finance, Incorporated, is the developer and asset owner of the Klang Valley Mass Rapid Transit (KVMRT) project.

Gamuda acknowledged at an analysts’ briefing this month, that the main contractor for the MRT 3 project will likely be awarded to a foreign contractor (possibly Chinese or Japanese) which would meet the strict criteria of the government’s build -and-finance model.

On Nov 6, MRT Corp announced the switch from the project delivery partner (PDP) to turnkey model for construction of MRT3, also known as Circle Line or CCL.

The third line of the KVMRT system follows the Sungai Buloh-Kajang (SBK) Line which is in operation, and the Sungai Buloh-Serdang-Putrajaya (SSP) Line now under construction.

When the change from PDP to turnkey model for MRT3 was announced, Gamuda shares took a hit. Investors were concerned the company would have to settle for a smaller role in the project and that may have a negative impact on its earnings.

Gamuda would have been one the favourites for the main contractor job had the government maintained the PDP status quo.

Its share price fell as much as 5% since the Nov 6 announcement, from RM4.81 to RM4.58 on Nov 20. It has since rebounded to RM4.89 on Dec 21.

A RHB Research report says the healthy performance of Gamuda’s construction division was underpinned by the company’s outstanding order book of RM7.3 bil as of Q1.

“The company’s ongoing contracts like the underground works for MRT2 and the Pan Borneo Highway in Sarawak are in full swing, with works progressing to 20% and 12%, from 10% and 8% respectively.

“Gamuda’s role as PDP for the MRT2, on the other hand, advanced to 13.3% from 11% a quarter ago. The PDP recently achieved critical mass, following the bulk or 97% of work packages, having been awarded – hence, our expectation of accelerated work progress in the coming quarters,” it adds.

Another business that is performing well for Gamuda is its property division. New sales of RM903 mil in Q1 more than doubled the RM430 mil the previous year and total unbilled sales rose to RM2.1 bil. Its property arm is on track to meet its sales target of RM3.5 bil in FY18.

The growth in new property sales was driven primarily by overseas projects, particularly in Vietnam and Singapore.

“Equally encouraging, in our view, was the performance of its domestic property arm which, against the backdrop of a sluggish local property market, recorded new property sales growth of 20% year-on-year (yoy). This was contributed by its township (Gamuda Gardens and Horizon Hills) and central business district (The Robertson) developments,” RHB Research says.

In Q1 ended Oct 31, Gamuda’s net profit jumped 25.2% to RM203.02 mil from RM162.15 mil a year ago, on the back of higher revenue of RM771.82 mil versus RM504.88 mil.

Gamuda’s revenue was driven by its construction (+54% yoy) and property (+88% yoy) divisions, both expanding in the past four consecutive quarters.

However, its water and expressway concession business was flat, due to stalling average daily traffic volume growth at the Stormwater Management and Road Tunnel Expressway (SMART Expressway). The concession businesses are nevertheless considered good defensive earnings with steady streams of cash flow.

Rationale for switching business model questioned

The government’s decision to switch from project delivery partner (PDP) to turnkey model for the mega Mass Rapid Transit Line 3 (MRT3) project took the market by surprise. The government says the move is necessary to cut costs, but critics question the rationale for departing from a model that was a success for the previous MRT lines, utilising mainly expertise from the local industry.

Industry observers feel the move would limit the participation of local players in the project.

The major difference between the PDP and turnkey model is project funding. In the latter model, the burden of financing the project will be shouldered mainly by the main contractors.

Local players are not barred from bidding for the MRT3 turnkey contractor job, but they would be required to provide 30-year financing for the RM40 bil project, which many feel could strain even local construction giants like Gamuda.

In comparison, MRT Lines 1 and 2 were awarded to a PDP to undertake project management, while funding for both projects was obtained through the issuance of government-guaranteed sukuk issued by DanaInfra Nasional Bhd.

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

high probability probability is trapped in this counter!!!!

kikikikikiki

Posted by probability > 2018-10-22 22:24 |

Post removed.Why?

Posted by Godiva > 2018-10-23 08:35 | Report Abuse

Who dare to do business in msia? Where the govenment can terminate the contract as they like

Posted by KAQ4468 > 2018-10-23 09:00 | Report Abuse

1.80 kambingggggg

Posted by Kris Wong > 2018-10-23 09:11 | Report Abuse

Anyone got any info on when the meeting between the government and Gamuda ?

Posted by KAQ4468 > 2018-10-23 09:12 | Report Abuse

Posted by Kris Wong > Oct 23, 2018 09:11 AM | Report Abuse

Anyone got any info on when the meeting between the government and Gamuda ?




tonight @ chow kit ... 9.00pm

Posted by Cindybull > 2018-10-23 09:30 | Report Abuse

Going up heheheh

Posted by Cindybull > 2018-10-23 09:31 | Report Abuse

down 10 cents make so much noise these soar grapes short seller