Posted by STIDVC > 2023-10-17 16:55 | Report Abuse

@kim tp tomorrow?

Posted by Kim > 2023-10-17 21:36 | Report Abuse

@STIDVC
I dont have TP for tomorrow. But, this week TP may touch and hit 5.0
Also the goodies going to be announce soon. Believe or not, do your homework and follow your own TP’s and strategies.

Posted by STIDVC > 2023-10-17 21:42 | Report Abuse

Nice. Awaiting the show

Posted by Mabel > 2023-10-18 08:28 | Report Abuse

The Penang to Seberang Perai LRT project in the Budget 2024. The Budget puts the cost of the project at RM10 billion which is a welcomed development to the project.

The reason why Gamuda is a top pick here is due to its role as the PDP for the Penang Transport Master Plan (PTMP). Gamuda is an engineering, property, and infrastructure company, who has an extensive experience in the light rail transit sectors with its involvement in the MRT1 and MRT2 projects.

Gamuda’s financial performance has been spectacular recently. Revenue doubled to RM$5.5 billion in 1H 2023 from RM$2.7 billion in 2H 2022 as the MRT2 project was successfully completed and opened to the public. Likewise, profits also grew by 35.3% to RM$481 million from RM$356 million over the same period.

Gamuda is trading at a price-to=earnings ratio of 17 times compared to the industry’s average of 58.7 times and yields a dividend of 1.3%. Market analysts have Gamuda at a BUY investment call with an average target price of RM$5.15. This implies an upside of 11.9%.

Posted by STIDVC > 2023-10-18 08:41 | Report Abuse

waiting for an eventful day!

Posted by Kim > 2023-10-18 09:12 | Report Abuse

Good started. Wait above 4.65 pile setup then will sailing smoothly to North=)

Posted by STIDVC > 2023-10-18 09:51 | Report Abuse

back to 4.6 :s

Posted by Kim > 2023-10-18 09:52 | Report Abuse

EP Today (RM4.58-RM4.60) Buy/Add

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

Market sentiment bad. Otherwise would be close to RM5 already..

Posted by Kim > 2023-10-18 10:16 | Report Abuse

Yeah, for now should be ok and still good bargains. Foresee later will push it up. My 2c.

Posted by STIDVC > 2023-10-18 10:20 | Report Abuse

hopefully the push will happen within this week

Posted by STIDVC > 2023-10-18 11:24 | Report Abuse

2 million rm block at 4.6.

Posted by Mabel > 2023-10-18 11:38 | Report Abuse

KLCI down by 2 points...Good opportunity to collect..

Meow

Posted by Kim > 2023-10-18 12:16 | Report Abuse

Collect! - 2nd session no more below 4.60 and below.
My 2c.

Posted by STIDVC > 2023-10-18 13:33 | Report Abuse

gogogo start your engines.

Posted by STIDVC > 2023-10-18 14:26 | Report Abuse

Time to collect. don't miss the boat. once gone there's no catching it

Posted by STIDVC > 2023-10-18 15:33 | Report Abuse

4.58-4.59 :)

Posted by theyoungman > 2023-10-18 20:05 | Report Abuse

Wow

EMPLOYEES PROVIDENT FUND BOARD (EPF BOARD) (a substantial shareholder) disposed 22,988,700 shares on 13-Oct-2023.

Posted by Kim > 2023-10-19 00:59 | Report Abuse

@theyoungman

Thats nice. To whom? Changing hands. Left to Right. Right to Left. For me, means no more below 4.60

Posted by STIDVC > 2023-10-19 09:01 | Report Abuse

vrooooom

Posted by STIDVC > 2023-10-19 09:06 | Report Abuse

oops spoke too soon

Posted by Kim > 2023-10-19 20:33 | Report Abuse

KUALA LUMPUR (Oct 19): Gamuda Land on Thursday signed memorandum of understanding (MOU) with 12 tenants for its upcoming Quayside Plaza in its twentyfive7 township development located in Telok Panglima Garang, Selangor.

The strong demand for commercial units proves our confidence in the vibrancy of twentyfive7. With the introduction of Quayside Plaza, demand has continued to be strong [and] we are currently in talks with [other] businesses from the education and F&B sectors (to add more tenants),” she added.

Located in Kota Kemuning, twentyfive7 is a 257-acre integrated township development with a gross development value of RM4.2 billion. It is accessible through five major highways, namely Shah Alam Expressway (KESAS), The North–South Expressway Central Link (ELITE), South Klang Valley Expressway (SKVE), Kemuning — Shah Alam Highway (LKSA), and an upcoming highway named West Coast Expressway (WCE).

https://theedgemalaysia.com/node/686867

Posted by Kim > 2023-10-20 10:59 | Report Abuse

The one among of construction steadiest.
May it break the resistance 4.60 today or later?
Let's see how good it will go.

Posted by theyoungman > 2023-10-20 12:16 | Report Abuse

Dear Kim,
Ya. Left right, right left. Same as UEMS few mths ago. Hihihi. Big boys game

Posted by theyoungman > 2023-10-23 18:10 | Report Abuse

This giant is very kuat.

Posted by Trader1188 > 2023-10-24 14:45 | Report Abuse

I smell strong coffee brewing at Gamuda

Posted by Kim > 2023-10-24 16:05 | Report Abuse

Nice volumes

Posted by jenson68 > 2023-10-24 18:15 | Report Abuse

The games may start soon !!

Posted by theyoungman > 2023-10-24 20:13 | Report Abuse

Dear Kim,
Nice one. I just have time to check.
Finally break new high.
4.60 98pct buy rate.
4.59 almost 100pct buy rate.

Very strong.

It is highly possible she can explode and cheong up anytime. For investors, no punters dare to try on this bb.

Posted by Trader1188 > 2023-10-25 16:21 | Report Abuse

Yesterday was strong buying, but today is strong selling....weird!

Posted by Trader1188 > 2023-10-25 17:24 | Report Abuse

Wow! Gamuda has won another major overseas MRT job in Taiwan for RM3.45 billion.

Posted by Kim > 2023-10-25 17:47 | Report Abuse

Welldone Gamuda!
1st goodies.

Next goodies coming also.

Posted by Trader1188 > 2023-10-25 18:02 | Report Abuse

@Kim, Yes indeed a spectacular milestone for Gamuda. They keep on winning overseas jobs, and I heard another overseas job is coming too. By the way, not to forget the local mega job.

Posted by Kim > 2023-10-25 18:06 | Report Abuse

Its SRL East project Australia.

Posted by Trader1188 > 2023-10-25 21:20 | Report Abuse

MRT3 also in the pipeline before the end of December

Posted by theyoungman > 2023-10-25 21:58 | Report Abuse

Dear Kim, nice one man!

Posted by theyoungman > 2023-10-25 22:02 | Report Abuse

SRL, oh. Kim really follows up closely this GAMUDA.

Gamuda has been shortlisted for this project, and news are searchable in the Internet.

https://www.felix.net/project-news/suburban-rail-loop-progresses-further-towards-major-construction

Got any announcement already for this goodies today?

Posted by Kim > 2023-10-25 23:21 | Report Abuse

@tym

Today Taiwan project awarded.
SRL as my 2c will announce before Dec.
Just my 2c sharing =)

Soon ot later, All IB’s will revise their new TP and valuation for this giant. Mostly base on new Taiwan & Australia contracts.

Posted by theyoungman > 2023-10-25 23:29 | Report Abuse

Oh dear Kim, thank you for info.

I have just read Bursa announcement, https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3394728

Gamuda Berhad [Co. Regn. No. 197601003632 (29579-T)] (“Company” or “Gamuda”) wishes to announce that the Company together with Asia World Engineering & Construction Co.(“AWEC”) (世久營造探勘工程股份有限公司), a Taiwan-based company (Co. Regn. No. 34270072) has been awarded the Design and Build of Kaohsiung Mass Rapid Transit (“MRT”) Metropolitan Line (Yellow Line) Civil Engineering, Package YC01 in Taiwan R.O.C (“Project”) by the Taiwan Kaohsiung City Government’s Mass Rapid Transit Bureau (高雄市政府捷運工程局), a MRT division established under Taiwan Kaohsiung City Government, on 25 October 2023.

Posted by jenson68 > 2023-10-26 09:47 | Report Abuse

Sleeping giant going to roar soon , let’s wait & see

Posted by theyoungman > 2023-10-26 09:53 | Report Abuse

Going up

Posted by Kim > 2023-10-26 11:16 | Report Abuse

- Gamuda’s unbilled construction order book stands at RM22bil to RM24bil, with strong earnings visibility up to FY27.

- Management is optimistic on both domestic and international domestic wins, targetting to secure RM25bil of new jobs in FY24 and FY25.

- There are five more projects on its radar over the next 15 months, including one in Taiwan and the MRT3 underground package.

- Gamuda will also be involved in the Penang LRT development and it is also among the bidders for the Pan Borneo Sabah packages.

- In Australia, the newly acquired DT Infrastructure places Gamuda in a sweet spot to undertake more and larger infrastructure projects, especially rail.

- Also short-listed for SRL East, which is project tunneling work for Cheltenham to Glen Waverley section. John Holland and Gamuda Berhad (trading as Gamuda (Australia) Branch).

- It’s a BUY. I strongly believe it and my target upgraded to RM6.00

- My 2c. Kim

Posted by Sami_Value > 2023-10-26 11:19 | Report Abuse

leader of construction sector

Posted by connor94 > 2023-10-26 12:34 | Report Abuse

Gamuda Bhd has been awarded a RM3.45bil design and build contract for the Kaohsiung Mass Rapid Transit Metropolitan Line (Yellow Line) Civil Engineering, Package YC01 (Package YC01) in Taiwan. https://www.thestar.com.my/business/business-news/2023/10/26/gamuda-wins-rm35bil-overseas-contract

Posted by theyoungman > 2023-10-26 13:06 | Report Abuse

@kim
Great explanation. Thumb up

Posted by SourDosey > 2023-10-26 13:42 | Report Abuse

Gamuda wins over MRT project

https://www.thestar.com.my/business/business-news/2023/10/26/gamudas-shares-up-after-rm345bil-mrt-contract-win

Posted by jenson68 > 2023-10-26 17:21 | Report Abuse

各券商的投资建议
券商 投资评级 目标价（令吉）
马银行投银研究 买进 4.80
大众投银研究 跑赢大市 5.00
大马投银研究 买进 5.17
兴业投银研究 买进 5.31
MIDF证券研究 买进 5.38
肯纳格投银研究 跑赢大市. 5.45
银河-联昌证券研究 增持. 5.65

Posted by troy88 > 2023-10-27 11:38 | Report Abuse

Gamuda is a well managed construction powerhouse.

Posted by Kim > 2023-10-30 20:55 | Report Abuse

Gamuda to form JV to develop 187.5MW hydroelectric power plant in Sabah

https://theedgemalaysia.com/node/688175

Posted by Eagle77 > 2023-10-30 21:51 | Report Abuse

The wars is getting worse and worst 💥💥💥economy towards doom day by day ⬇️⬇️⬇️