Posted by Geek2020 > 2022-01-27 11:23 | Report Abuse

KWAP resumed buying. The best way for any government going into elections is to revive the big construction projects

Posted by Sharefisher > 2022-01-28 12:42 | Report Abuse

Wish everyone happy Chinese New year.. HENG ONG HUAT AH....

Posted by Geek2020 > 2022-02-04 09:39 | Report Abuse

https://www.newcivilengineer.com/latest/watch-delivering-malaysias-5-4bn-mass-rapid-transport-project-during-a-pandemic-04-02-2022/

Posted by Legend > 2022-02-04 12:33 | Report Abuse

KUALA LUMPUR: Gamuda Bhd could secure contracts worth billions from several developments in 2022, namely the potential reactivation of the Mass Rapid Transit III (MRT3), a new bypass construction package in Australia and the revival of the Penang South Islands (PSI) land reclamation.

CGS-CIMB Research said Mass Rapid Transit Corp Sdn Bhd might relaunch the MRT3 project worth between RM20 billion and RM30 billion with civil works tender in the first half of 2022.

There are potential awards for the ongoing bid in Australia, averaging up to RM6 billion and the tender process for one new bypass construction package in New South Wales, for which the Gamuda- Ferrovial joint-venture (JV) has emerged as among the three shortlisted bidders.

The research firm said Gamuda could also benefit from the government's review of the divestment of the company's domestic highway assets via a highway trust proposal.

CGS-CIMB Research said Gamuda would still be among the main contenders for the MRT 3 in the civil works tender rounds, which could be launched in the second quarter of 2022, even with a potential change in the structure of the civil works component.

"We are positive the underground scope will likely be tendered as one single package as this bodes well for the MMC-Gamuda JV given its strong track record and credentials in the tunnelling scopes of MRT 1 and MRT2."

CGS-CIMB Research said Gamuda's end-October 2021 net gearing of 0.17 time translated into an additional borrowing capacity of over RM4 billion, based on the company's self-imposed net gearing limit of 0.7 times.

"This allows ample room for Gamuda to participate in the private sector funding component of the MRT 3 project."

CGS-CIMB Research said the PSI land reclamation project could also be launched in the second half (2H) of 2022, following the earlier setback related to a court ruling in favour of a fishing community's appeal to revoke the environmental impact assessment (EIA) approvals.

"We gather the progress is back on track, with resubmission of the project's EIA application targeted by March 2022 and likely approval by mid-2022, and the start of works is targeted for 2H of 2022."

The research firm said Gamuda's share price is at attractive levels and has reiterated an Add call with a target price of RM3.88.

© New Straits Times Press (M) Bhd

Posted by alvin5588 > 2022-02-04 15:31 | Report Abuse

https://focusmalaysia.my/cgs-cimb-gamuda-set-to-roar-with-job-revival-prospects-in-2022/?fbclid=IwAR047YsiKuqKIiATXvpOSUvfiNuZeCYEs0j2bLKyBEiapcjjzierbRCw0Es

Posted by Geek2020 > 2022-02-04 18:39 | Report Abuse

Shah Alam getting Smart Tunnel!!!
Who is the tunnel specialist in Malaysia??

Posted by Geek2020 > 2022-02-04 18:52 | Report Abuse

https://www.thestar.com.my/news/nation/2022/02/04/high-risk-areas-to-get-priority-in-plans-towards-flood-mitigation-says-pm

Posted by Sharefisher > 2022-02-14 16:08 | Report Abuse

What do you think about reinvest the dividend? Shall we take the cash?

Posted by Geek2020 > 2022-02-14 19:08 | Report Abuse

Im reinvesting.. i think the downside is limited now. Safe to reinvest. Likely Gamuda will go above 3 soon.

Posted by Sharefisher > 2022-02-15 08:52 | Report Abuse

Thanks

Posted by eddie4273 > 2022-02-15 09:57 | Report Abuse

Najib said Cash is King. So I take cash loh.. What would happen to the share price in future will be different story.. LOL

Posted by Trader1188 > 2022-02-17 08:41 | Report Abuse

Biggest news from Down Under coming soon. It’s a new chapter for Gamuda

Posted by Sharefisher > 2022-02-17 13:24 | Report Abuse

Already get the tickets.... Just waiting only.

Posted by wayneforwin > 2022-02-21 12:11 | Report Abuse

today free free free money (ASET KAYAMAS)

https://klse.i3investor.com/blogs/f51ewf/2022-02-21-story-h1599205515-...

Posted by Sharefisher > 2022-02-21 14:34 | Report Abuse

Nice.... Go go go

Posted by Riaz54 > 2022-02-21 18:53 | Report Abuse

needs to breach 3 resistance to move to 3.20

Posted by TalkC > 2022-02-22 14:33 | Report Abuse

feel like uptrend. Buy buy buy.. Very smart for those that take DRP.

Posted by Trader1188 > 2022-02-22 16:17 | Report Abuse

#From Singapore Land Transport Authority Official Page

The design and construction of the Defu station and tunnels have been awarded to Gamuda Berhad Singapore Branch - Wai Fong Construction Pte Ltd Joint Venture. Gamuda Berhad is currently constructing the Gali Batu Bus Depot, while Wai Fong Construction is building two stations on the Jurong Region Line (#JRL).

Posted by Sharefisher > 2022-02-22 16:43 | Report Abuse

Yes... Good news. 1.45b.....Good very good

Posted by Trader1188 > 2022-02-22 17:00 | Report Abuse

JV 60:40... Gamuda portion is about RM870 mil. Divided into 8 yrs, revenue p.a is about RM108 mil. Hopefully, they're able to make money from this project.

Posted by Sharefisher > 2022-02-22 17:19 | Report Abuse

Gamuda needs projects to roll, others construction companies lau nua also cannot get.... Haha ha

Posted by Trader1188 > 2022-02-22 17:38 | Report Abuse

Gamuda is a big-cap construction company. They need mega/big projects with a value above RM1 bil to sustain. Local market doesn't have big projects for them and they won't be competitive enough to compete with small to mid-cap players to get jobs below RM1 bil.

Posted by investortrader88 > 2022-02-22 17:56 | Report Abuse

https://www.theedgemarkets.com/article/gamuda-jv-awarded-rm145b-singapore-mrt-project

Posted by James > 2022-02-22 19:55 | Report Abuse

Time to Squeeze RSS and IDSS Tmr. Who short selling who gg Tmr,

Posted by pjflower > 2022-02-22 23:18 | Report Abuse

Malaysia construction companies always under quote for overseas projects. In the past, how many of them actually made money?

Posted by Sharefisher > 2022-02-23 07:56 | Report Abuse

Pjflower, which oversea project not making money? Pls share if you know.

Posted by AbangCrypto6014 > 2022-02-23 10:30 | Report Abuse

HALO SIFU TALKC, how about OCR 7 sen? pls enlight :))

Posted by Sharefisher > 2022-02-23 10:39 | Report Abuse

No lah... Some people already knew in advance, now they sell lah.... Normal in Bursa.

Posted by Sharefisher > 2022-02-23 14:57 | Report Abuse

Ha ha ha... Good news also red....

Posted by Riaz1954 > 2022-02-23 15:17 | Report Abuse

I think the answer is buy and hold assuming you have diversified holdings and have the liquidity.
More contracts hopefully to come from Australia…any contract is better than no contract as it keeps engine running and wait until elections are held and some brave investment decisions are made by the govt!

Posted by Sharefisher > 2022-02-23 15:55 | Report Abuse

Looks like a lot of speculative buyers before news out. Haha ha...

Posted by tehteh > 2022-02-23 16:15 | Report Abuse

buy the rumors sell the news will never goes wrong. haha

Posted by trading2019 > 2022-02-23 16:45 | Report Abuse

A typical buy on rumours, sell on news counter.

Posted by Trader1188 > 2022-02-23 16:54 | Report Abuse

Good price to enter. More exciting news to come

Posted by Sharefisher > 2022-02-23 17:06 | Report Abuse

Hold lah.... In out in out for what?

Posted by Clearsky > 2022-02-23 17:59 | Report Abuse

Buy the rumors sell the news only works when there is one piece of news. Those who sold might regret it sooner than they thought. TP 3.68 with one news. What is the next TP? ;)

Posted by pjflower > 2022-02-23 21:11 | Report Abuse

Is a norm for this counter, each time there was an announcement of new project secured, next day the share price dropped.
People bought before the news, sold after the news.
Bought on news, sold on news.

Can be very sure they under-quoted to secure the Sg project as the MRT2 Phase 1 & Phase 2 will be completed next month & year end respectively. By hook or by crook, got to secure a new project.

Posted by Sharefisher > 2022-02-23 21:42 | Report Abuse

Just curious.. Pjflower, if you are negative about gamuda, why you bother to be here?

Posted by Trader1188 > 2022-02-24 10:02 | Report Abuse

@TalkC, I'm not selling, accumulates bit by bit when the price is weak.

Posted by pjflower > 2022-02-24 11:45 | Report Abuse

Sharefisher, i am telling the facts for people to explore. I did praise this counter when it was good, for example chances of getting projects in Australia in the past. But now this good factor has gone.

Do not listen only good news but also need to know bad news. I know many people only like to hear good news.

Please do not fall in love with any stock counter, but just invest with wisdom.

Posted by pjflower > 2022-02-24 11:48 | Report Abuse

You check how many time the share price dropped after new project announcement. No need too far, just starts from Penang master transport plan during Lim GE as CM until now.

Posted by pjflower > 2022-02-24 11:50 | Report Abuse

Put closure of Sepang IBS factory in 2020 ( cost them RM100million ++) aside.

Posted by trading2019 > 2022-02-24 11:52 | Report Abuse

Short selling makes more money now. Don't buy long.

Posted by Sharefisher > 2022-02-24 13:06 | Report Abuse

Thanks pjflower. I am interested in collecting construction bit by bit for 2 to 3 years investment plan. Will do more study on gamuda and monitor closely.

Posted by pjflower > 2022-02-24 15:36 | Report Abuse

welcome sharefisher. the only game changer now for this counter will be the Australia side.

MRT-2 Phase-1 & Phase-2 are going to end soon, by end of March 2022 & end of Dec 2022 respectively. That are with much budget slashed by the Pakatan government with less profit margin & much reduced scope of works in term of design fixtures & number of stations, both for elevated & underground. Whereby for northern & southern elevated sections, PDP contract changed to main contractor, and for underground section remain the same as main contractor.

You can see the almost completed stations now are with simple station design, compromised finishes, lesser cover walkway length, less station ceiling & much much more.

Posted by pjflower > 2022-02-24 15:40 | Report Abuse

investment in airline & construction stocks can only be short-term or mid-term. this counter is a political sensitive stock. In fact, any change of government, the price dropped.

2018 BN changed to Pakatan - dropped
2020 Pakatan changed to PN - dropped

Posted by Sharefisher > 2022-02-24 15:48 | Report Abuse

Agreed, pjflower. I believe we need to continue to develop the infrastructurein future. I will only buy when cheap sales and wait for good time comes back to construction. 天时地利人和，风水轮流转。

Posted by Trader1188 > 2022-02-28 11:42 | Report Abuse

RM3.50 shouldn't be a problem with an additional RM7 billion to the order book.

Posted by Trader1188 > 2022-03-01 09:54 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3238785

Posted by Trader1188 > 2022-03-01 09:55 | Report Abuse

Gamuda Australia & JV partner is awarded AUD$2.16 billion contract to deliver the next stage of tunneling on the mega Sydney Metro West project.