Posted by kokchengkai > 2022-12-22 17:06 | Report Abuse

pjflower ,Australia government jst award a billion project to a peanut company .
thx to Australia coz they takecare of peanut

Posted by Riaz1954 > 2022-12-23 11:29 | Report Abuse

Some silly comments…..Gamuda is a leading construction company without doubt…much is expected in the next few years. Wait and see!

Posted by WanUtama2015 > 2022-12-23 12:02 | Report Abuse

I agree with pjflower.
No doubt Gamuda is a leading construction company, but is only in Malaysia.

When venturing into international arena, Gamuda is relatively small (some say peanut, whatever) although in the past, Gamuda had done jobs in Laos, Taiwan, India, Qatar, etc.

In the past, Gamuda had secured international projects due to the price strategy. But this strategy proven not workable. I got news that it applied the same strategy in Australia. Looks like quite desperate for projects since Malaysia is not moving well. Cash is needed (ie: by selling 4 highways) to finance the jobs. Do hope this time work well.

You can see after the Qatar 2 projects, it had been quite many years without international venture (happened to many Malaysia construction companies, too).

Many international workers like me observed that Malaysian contractors (few big players in Malaysia) brought Malaysian attitude while working internationally, ie: taking for granted, contractually naïve, wishing things goes well without problem, technically not on par with others. Just look at these few projects will do ----- WCT project (Meydan Race Course), Gamuda project (Qatar’s Dukhan Highway & NDIA airport), UEM project (Qatar’s Doha to Saudi Arabia highway). Improvement must be done otherwise better stay in Malaysia.

In short, Gamuda is no way come close to big players from Japan, France, USA, China. But I believe and hope it will catch up in the near future.

But do not get me wrong, I am a Gamuda share supporter. I hope I have provided my best knowledge here as a rational investor.

Posted by CEyeInvestment > 2022-12-23 12:11 | Report Abuse

thanks wanutama2015.
indeed, please only love to make money from this stock, invest rationally & never ever FALL IN LOVE with the company.

Posted by cikgumalaysiatakblur > 2022-12-23 12:57 | Report Abuse

hello, leading in malaysia boleh lah, belum capai world class lagi lah. syarikat malaysia asyik dapat projek dengan harga murah, demi dapat projek, janji dapat projek saje, hal-hal yang lain belakang kira. attitude kena ubah ni. sebab itu sering bakar tangan. Orang Cina cakap jadi "lou chan". tapi, saya masih posif dengan gamuda, semoga dia maju dalam arena antarabangsa.

saya cakap fact sekarang ni. standard belum ada lagi. jangan jatuh cinta dengan syarikat yang engkau labur, bikin duit sudah.

Posted by Abba84 > 2022-12-23 17:42 | Report Abuse

Hi
Don't behave like jealous husband- just ,ride the bull!

Posted by okasanboleh > 2022-12-26 17:29 | Report Abuse

I see. this is a typical Malaysian mentality. when a TYPICAL Malaysian investor invests in a stock, he/she will only like to see and accept good & positive comment. any comment not encouraging them, they will be unhappy. this is quite closed to blind.

I would take pjflower & wanutama2015's comments with intention to share. I will not take their comments as bashing this counter. I see both of them are giving valuable comments, and they might be the insiders without disclosing confidential info. but unfortunately investors do not like these type of comments...

to me, I agree that Gamuda is a leading construction in Malaysia, but to be world class, long way to go. do not think too big about this company, let's be realistic.

I do hope this counter prosperous as I have invested not less amount.

Posted by alenac > 2022-12-28 09:09 | Report Abuse

True there are punters here. Those who bought at low prices and subsequently sold and thereafter tried to suppress the price to make another round. Traders are everywhere. Construction stock prices could be volatile as any underpricing of tenders in billions could bankrupt the company.

okasanboleh
I see. this is a typical Malaysian mentality. when a TYPICAL Malaysian investor invests in a stock, he/she will only like to see and accept good & positive comment. any comment not encouraging them, they will be unhappy. this is quite closed to blind.

I would take pjflower & wanutama2015's comments with intention to share. I will not take their comments as bashing this counter. I see both of them are giving valuable comments, and they might be the insiders without disclosing confidential info. but unfortunately investors do not like these type of comments...

to me, I agree that Gamuda is a leading construction in Malaysia, but to be world class, long way to go. do not think too big about this company, let's be realistic.

I do hope this counter prosperous as I have invested not less amount.

1 day ago

0 seconds ago

Posted by Sharefisher > 2023-01-05 10:24 | Report Abuse

Construction counters, going to be active again?

Posted by Kingston1 > 2023-01-08 13:59 | Report Abuse

Buy on dip. Some news is releasing soon

Posted by troy88 > 2023-01-09 10:18 | Report Abuse

Very resilient..

Posted by CUTLOST > 2023-01-10 00:04 | Report Abuse

Kipidap dont give up

Posted by loyalok > 2023-01-11 09:49 | Report Abuse

6 sen dividend is coming

Posted by Riaz1954 > 2023-01-13 19:00 | Report Abuse

Very true of the entire stock market in Malaysia..also counters with large share ownership by founders is also problematical as they dump shares as and when…they have no concern for shareholders of the company in fact they actually milk the system. That’s why we see laggard performance and profit taking when price goes up slightly.

Posted by zhen wei & JP > 2023-01-17 22:00 | Report Abuse

Buybacks

Posted by troy88 > 2023-02-10 10:24 | Report Abuse

Always bounces back. Resilient one

Posted by alenac > 2023-02-10 16:04 | Report Abuse

Ambrin as Chairman heard what he said in the 1MDB trial, he won't be effective in checks and balances.

Posted by Sharefisher > 2023-02-22 15:43 | Report Abuse

Very good......

Posted by Tannlee > 2023-02-22 16:58 | Report Abuse

something is brewing have they won some major project... Penang PSI??!

Posted by speakup > 2023-02-23 09:49 | Report Abuse

all the money from sale of litrak moved from malaysia to australia
sad. malaysia outflow money to australia.

Posted by wallstreetrookieNEW > 2023-02-23 10:00 | Report Abuse

Expansion into global market will definitely help improve their profits

Posted by wallstreetrookieNEW > 2023-02-23 10:00 | Report Abuse

Very good

Posted by wallstreetrookieNEW > 2023-02-23 10:00 | Report Abuse

Back to 2008 highs

Posted by wallstreetrookieNEW > 2023-02-23 10:00 | Report Abuse

Construction industry will continue to do well

Posted by troy88 > 2023-02-23 10:45 | Report Abuse

I already said it many times. Gamuda is resilient!

Posted by MichelleNg > 2023-02-23 11:28 | Report Abuse

Wau...its like MRT3 for Gamuda? Before Budgets already rocket up

Posted by MichelleNg > 2023-02-23 11:48 | Report Abuse

Above RM5 coming???

Posted by Sharefisher > 2023-02-23 13:35 | Report Abuse

Earning AUD is better than earning RM. Very good.

Posted by kokchengkai > 2023-02-23 14:08 | Report Abuse

during tis period ,Anwar government mayb need local comsumer & infranstructure construction project to boost country GDP .tomorow budget mayb more concenstrate on local comsumer and infranstructure

Posted by kokchengkai > 2023-02-23 14:10 | Report Abuse

gamuda looklike weight down their concenstration in local busines,put more effort in oversea investment ..too depends on malaysia government project not a good idea for long term ..up and down like myeg jst make foreign investor feel scare to invest in it

Posted by Abba84 > 2023-02-23 16:53 | Report Abuse

Wat happened? Drops kaw2..in afternoon..cnt hold mrnng ,big gain!!

Posted by MichelleNg > 2023-02-23 17:05 | Report Abuse

Tomorrow budget 2023. Most likely no much money to spend. Big players profit taking and waiting for tomorrow or monday

Posted by Sharefisher > 2023-02-23 19:31 | Report Abuse

Never mind, slow slow up, no problem for me...

Posted by CUTLOST > 2023-02-23 19:59 | Report Abuse

Thanks Gamuda..1 year holding power finally get rewarded

Posted by I_like_dividend > 2023-02-24 11:04 | Report Abuse

Fry because of PSR or HSR? Govn not say no money?

Posted by chopstick > 2023-02-25 19:14 | Report Abuse

is going to be a very big mistake to invest in australia.

Posted by speakup > 2023-02-25 20:23 | Report Abuse

Y? Earn Aussie dollar good mah

Posted by SinGor > 2023-02-26 14:31 | Report Abuse

Gamuda is a Sell based on lousy Anwar Budget. If Gamuda donT get job outside Malaysia, price will surely
goes down month by month until Jan 2024( next budget)...Every Existing project are subjected to Fat Trimming
How to make money?

Posted by speakup > 2023-02-26 15:25 | Report Abuse

Local construction sector is dead mah, so Gamuda go Australia is good move.

Posted by speakup > 2023-02-26 15:29 | Report Abuse

Only hope Gamuda won't end up like Mudajaya, Zelan & LCL.
Mudajaya go India => die
Zelan go Middle East => die
LCL go Middle East => die

Posted by Shareview123 > 2023-02-27 10:20 | Report Abuse

Auditors for Audited accounts for financial year ended 31 Dec 2021 was KPMG.

On 11 Dec 2022 changed to Deloitte PLT Malaysia.


Based on the notes to the accounts 9

R.K.M POWERGEN PRIVATE LIMITED ( RKM) was treated as an associate company.

Based on notes 10

Non current
Fair value through profit or loss
- - shares at Group level RM 21 millions

Based on Statements of Profits or Loss

Other Income
Gains on remeasurement of other investments RM 21 millions
24/02/2023 11:47 PM
X
Shareview123 Based on press release on 15 June 2022

RKM reported 282 millions for Jan 2022 - April 2022 and
72 millions for a similar period in 2021.

So, for 4 months = 72 millions,
for 12 million months = 72 millions x 3 = 216 millions

So, may be based on advice of experts, Mudajya and Auditors agreed to recognise 10 % only,
which is RM 21 millions as reflected in the Group level of Audited Accounts for 2021.

For Jan 2022 - April 2022 = 282 millions

So, let assume for 12 months = 282 millions x 3 = 846 millions

So, be consistent, Mudajya and its Auditors may agreed again at 10 %

846 millions x 10 % = 84.6 millions, to be recognised in the group level of Audted accounts for financial year ended 31 Dec 2022.

Hopefully, they can agree on higher percentage and not just 10 % only.
25/02/2023 12:05 AM
X
Shareview123 If Mudajya and its auditors agreed to recognise at 19.4 %

So at Group level, can recognise 164 millions ( 846 x 19.4 %),
25/02/2023 12:25 AM
X
Shareview123 And may also consider to written back impairments written off or provided in previous years.
or revalue its investment in RKM.

Posted by Shareview123 > 2023-02-27 10:32 | Report Abuse

Mudajya had recognised 21 millions profits from investment in RKMPOWERGEN, India for financial year 2021 based on the Audited accounts by KPMG.
Based on Mudajya s press release dated 15 June 2022, RKMPOWERGEN INDIA has recorded
282 millions for Jan 2022 - April 2022. For the similar period in 2021, it was profits of 72 millions.
It means profits from India power plant has increased 400 %
And Mudajya largest shareholder is holding 70 %, and the owner behind is Jerry Kou from Taiwan, who owns 5 listed companies in Taiwan.

Posted by Sharefisher > 2023-02-28 15:54 | Report Abuse

https://www.theedgemarkets.com/node/655939

Posted by nicholas99 > 2023-02-28 16:54 | Report Abuse

what the hell

Posted by Mabel > 2023-03-03 22:14 | Report Abuse

#SinGor Gamuda is a Sell based on lousy Anwar Budget. If Gamuda donT get job outside Malaysia, price will surely goes down month by month until Jan 2024( next budget)...Every Existing project are subjected to Fat Trimming

How to make money?

26/02/2023 2:31 PM

Yes lah..as said earlier, local construction sector is dead. So Gamuda go Australia is good move.

Gamuda has been charming with great return..

Now overbought..

Mabel is waiting for the right signal to re-enter..

Meow

Posted by Mabel > 2023-03-06 19:31 | Report Abuse

Thank you for Selling Gamuda share today..

Mabel renter with two batches...

Meow

Posted by Mabel > 2023-03-07 12:12 | Report Abuse

Wow Gamuda so power...

Meow Meow Meow

Posted by steven rt > 2023-03-08 17:30 | Report Abuse

WOW a RM 0.10 rise just before the bell! Anything brewing?

Posted by I_like_dividend > 2023-03-08 22:17 | Report Abuse

HSR fund by Gamuda?

Posted by I_like_dividend > 2023-03-08 22:18 | Report Abuse

https://www.theedgemarkets.com/node/658301