Posted by bursatrader2018 > 2019-06-24 11:14 | Report Abuse

blame this,blame that, blame PH govt, blame everyone but the key person...loser mentality..

Posted by huntertee > 2019-06-24 11:15 | Report Abuse

Still dumbfounded as to why PH want to attack the country’s biggest construction company. It should instead empower it to compete with foreign giants

Posted by yoyo > 2019-06-24 11:15 | Report Abuse

price before election climbed above RM5, then crashed to 2.2.
It's revenue for first 2Q this year hit even higher, so i have faith it will climb above RM5 soon.

Posted by bursatrader2018 > 2019-06-24 11:18 | Report Abuse

because morning drop 4%, 'PH is attacking Gamuda.' ?? if afternoon, 'Gamuda rebound to rm4,then PH govt..'??

insiders bgt earlier now take profit, will surely rebound..

Millions in the kitty, gives Gamuda options to do much more bigger projects...

Posted by Anti_debt > 2019-06-24 11:19 | Report Abuse

Tun M said govn must reduce debts how can he agree to LGE proposals?

Posted by Anti_debt > 2019-06-24 11:20 | Report Abuse

Mahathir had said that the government needs three years to reduce Malaysia’s debt from 80% of gross domestic product to 54%.
Read more at https://www.thestar.com.my/news/nation/2019/06/24/i-will-step-down-as-pm-within-three-years-says-dr-m/#zZI0IVa4407dFWqT.99

Posted by bursatrader2018 > 2019-06-24 11:24 | Report Abuse

to all the BN losers, the war is already over, PH govt won ...
Now , for once, the country is start to benefit from the 'corruption minimise' booster,so goods things become possible now (much reduced leakage lah)

Let's stop talk nonsense on politics and focus on make money in stocks

Let's be fair and be a good loser, can fight again in GE15 lah...

Posted by vitac > 2019-06-24 11:38 | Report Abuse

If china construction co come in nothing is irreplacable...

Posted by huntertee > 2019-06-24 11:38 | Report Abuse

Bursatrader, it is just a general comment on actions taken by PH since taking over. Nothing to do with morning drop. Water, toll concessionaire and railway projects were all reevaluated

Posted by icecool > 2019-06-24 11:45 | Report Abuse

smoke everywhere

Posted by Callmejholow > 2019-06-24 11:48 | Report Abuse

champion la

Posted by sarawakian63 > 2019-06-24 11:59 | Report Abuse

Najib we want you back. We got conned kaw kaw by PH.

Posted by sarawakian63 > 2019-06-24 12:02 | Report Abuse

Pan Borneo highway toll is free why Gamuda tolls cannot free?

Posted by Holyman > 2019-06-24 12:04 | Report Abuse

GAMUDA just like .....BIG STONE CRASH THE CRAB.

Posted by Veron_teo > 2019-06-24 12:04 | Report Abuse

solidarity with Najib

Posted by sooaria > 2019-06-24 12:05 | Report Abuse

Potential special dividend? Upon completion of the deal, Gamuda will become a relatively cash rich company. Based on Gamuda’s FY18 numbers, the Group’s cash in hand stood at RM1.2bn while total debt was about RM5.7bn. We estimate the Group’s gearing ratio will reduce to 0.4x (from 0.54x in 1QFY19) from SPLASH’s disposal proceeds, before falling further to 0.2x from the sales of these four highways. As such, we do not rule out the likelihood of a special dividend to shareholders, on top of annual dividend payout of 12sen/share.

Posted by sooaria > 2019-06-24 12:06 | Report Abuse

More funds for property projects. Aside from potential special dividend, we expect Gamuda will also utilize the cash proceeds to fund its property development projects such as Gamuda Cove and Gamuda Gardens with both have GDVs of RM20bn and RM10.6bn respectively over 15 – 20 years of development. This year, the Group is targeting to launch projects with GDV around RM1.5bn for Gamuda Cove and RM200m - RM250m for Gamuda Gardens, with targeted sales of RM380m and RM470m respectively. In addition, we also understand that the Group is exploring new recurring income businesses to acquire or invest into.

Posted by sooaria > 2019-06-24 12:06 | Report Abuse

Construction segment – getting busy. The revival of ECRL and Bandar Malaysia undoubtedly will benefit local players with order book replenishments. Although we reckon works is only likely to re commence next year, it should keep local players, including Gamuda, busy with job awards. On the ECRL, the Government has affirmed that 40% of the subcontractors for the project would be Malaysians. This translates to RM17.6bn worth of contracts that will be available. We expect Gamuda will participate and play a role in the project this time around. We understand that Gamuda had tried to get sub-contracting works from CCCC previously, though not successful. On top of these, we also expect more positive developments to come from the Penang Transport Master Plan (PTMP) of which Gamuda is project delivery partner (PDP).

Posted by sooaria > 2019-06-24 12:07 | Report Abuse

Theme Play - Bandar Malaysia coming up soon, Contruction booming soon.
Gamuda - your guess as good as mine

Posted by Sharefisher > 2019-06-24 12:08 | Report Abuse

Better leave this forum.... More politic than share discussion. LOL...... if continue to drop, then wait for gamuda to reject the proposal. Sure have money to collect.

Posted by Shinnzaii > 2019-06-24 12:12 | Report Abuse

hmm...as last year june 2018 annual report show segment liabilities for Water and expressway concessions 1.06b...if proceed=2.36bil settled same segment liability still got 1.3b...but future earning impacted and need to get more project concessions profit still contribute about 43%of gamuda earning...unless gamuda got other way to sustain or get big award like ERCL...hmmmm

Posted by Ron90 > 2019-06-24 12:14 | Report Abuse

when govt want to buy over toll highway, ppl claim that kills Gamuda..wtf !..that one to please voters la..weii.. Gamuda still got contract here and there, and still the giant construction company in malaysia..

Posted by BillyK > 2019-06-24 12:30 | Report Abuse

sinking

Posted by Shinnzaii > 2019-06-24 12:38 | Report Abuse

drop until certain level got people collect one...construction theme not yet over

Posted by upshare > 2019-06-24 12:53 | Report Abuse

Habis.....

Posted by Stevarac > 2019-06-24 12:54 | Report Abuse

Today’s 22 million shares transaction still only 1% plus of gamuda total share . I will wait to see when the institution start selling .
Or buying ! Keep calm . Today’s drop still less than last 2 days total gain.

Posted by FortuneBlooming > 2019-06-24 13:10 | Report Abuse

Affin-Hwang raises Gamuda TP to 4.08

https://www.thestar.com.my/business/business-news/2019/06/24/affin-hwang-maintains-hold-on-gamuda-tp-raised-to-rm4pt08/

Posted by SaveMsiaFromPHGov > 2019-06-24 13:30 | Report Abuse

Itu LGE lagi sikit hari kena tembak la. Kina tembak sama taik kucing campur taik ayam campur taik lembu.

Posted by SaveMsiaFromPHGov > 2019-06-24 13:33 | Report Abuse

Useless lying, slandering, corrupt, sleeping-in-parliament bastard masquerading as a clever genius.

Posted by upshare > 2019-06-24 13:50 | Report Abuse

Big selling pressure.. not chance for rebound...

Posted by Haw Liao > 2019-06-24 14:02 | Report Abuse

ikan bakar, sotong bakar... hangus hahaha

Posted by DickyMe > 2019-06-24 14:06 |

Post removed.Why?

Posted by DickyMe > 2019-06-24 14:07 |

Post removed.Why?

Posted by Haw Liao > 2019-06-24 14:10 | Report Abuse

they push price up to get out...distribution phase...

sorchai buy salty fish hahaha

Posted by Haw Liao > 2019-06-24 14:12 | Report Abuse

same pattern last time resistance rm3.80...

same tactic they buy low sell high...

must be blind if u cant see...

Posted by SaveMsiaFromPHGov > 2019-06-24 14:27 | Report Abuse

https://www.malaysia-today.net/2019/05/28/pakatan-harapan-to-bring-back-gst/

Lying, slandering, badmouthing, constantly u-turning, retard PH bastards.

Posted by SaveMsiaFromPHGov > 2019-06-24 14:38 | Report Abuse

LGE = chief #1 lying, slandering, badmouthing, corrupt, constantly u-turning retard PH bastard.

Posted by DickyMe > 2019-06-24 14:40 |

Post removed.Why?

Posted by PHconman > 2019-06-24 14:41 | Report Abuse

as i say..lge kena curse kaw kaw...street fighter..no wash mouth

Posted by icecool > 2019-06-24 14:43 | Report Abuse

today bad sentiment day whole klsc market affected

Posted by Haw Liao > 2019-06-24 14:51 | Report Abuse

good or bad they still take profit...

buy low sell high to sorchai

Posted by JN88 > 2019-06-24 14:59 | Report Abuse

No more free money from Malaysian Donation ...Time to rest in pieces...

Posted by JJchan > 2019-06-24 15:01 | Report Abuse

sold in the morning, after losing 70% of Friday gain-----now waiting get-in again

Posted by nhchew > 2019-06-24 15:12 | Report Abuse

Nobody point a gun at you to buy or sell. Why must curse and swear? Simply no brainer.

Posted by Sebastian Sted Power > 2019-06-24 15:25 | Report Abuse

big selling pressure, Wonder who? Funds? or local?

Posted by bursatrader2018 > 2019-06-24 15:38 | Report Abuse

Gamuda has been up 22%, since 14th May, when it was at low of 3.12.
its just a healthy profit taking , RSI was v overbgt,above 80. will rebound once the overbought is corrected, ema10 is 3.563

Posted by Richard Lee > 2019-06-24 15:41 | Report Abuse

those jokers who shout limit up end up fxxking up now. Hahahah//

Posted by IloveRX > 2019-06-24 15:46 | Report Abuse

good field day today.
Yum!
I was right... SELL on news

Posted by IloveRX > 2019-06-24 15:47 | Report Abuse

Actually can sell some more at 3.59!
Still high thou.....

Posted by hng33 > 2019-06-24 15:47 | Report Abuse

bought gamuda at 3.60