GAMUDA BHD

KLSE (MYR): GAMUDA (5398)

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Last Price

5.25

Today's Change

0.00 (0.00%)

Day's Change

5.20 - 5.28

Trading Volume

5,419,100


6 people like this.

17,159 comment(s). Last comment by SourDosey 1 week ago

jenson68

1,122 posts

Posted by jenson68 > 2023-12-01 09:24 | Report Abuse

Strong support line 4.55 , Dec month should be good for Gamuda , let’s wait & see …

Pinky

3,215 posts

Posted by Pinky > 2023-12-01 09:27 | Report Abuse

Yeah, yesterday tipu punya closing

jenson68

1,122 posts

Posted by jenson68 > 2023-12-01 09:44 | Report Abuse

No worry and hold for long run will be rewarded cause undervalued counter !

jenson68

1,122 posts

Posted by jenson68 > 2023-12-01 10:49 | Report Abuse

Cheap tickets , hehe

theyoungman

1,736 posts

Posted by theyoungman > 2023-12-01 11:43 | Report Abuse

Yes. Cheap ticket. Potentially 0.50 profit in near futures. 4.5 a piece earn 0.5, wow +8.88%

Trader1188

251 posts

Posted by Trader1188 > 2023-12-02 09:19 | Report Abuse

The price is consolidating for a short while before the next jump. More oversea projects winning announcements coming soon.

Eagle77

4,140 posts

Posted by Eagle77 > 2023-12-03 14:42 | Report Abuse

Gamuda Land makes history at The Edge Malaysia Top Property Developers Awards 2023

theyoungman

1,736 posts

Posted by theyoungman > 2023-12-03 14:47 | Report Abuse

https://theedgemalaysia.com/node/692353

Gamuda Land makes history at The Edge Malaysia Top Property Developers Awards 2023
By theedgemalaysia.com / theedgemalaysia.com
03 Dec 2023, 08:30 am

KUALA LUMPUR (Dec 3): Gamuda Bhd's property division (Gamuda Land) made history at The Edge Malaysia Top Property Developers Awards (TPDA) 2023 by clinching the number one spot for the first time, as it also took home the Best in Quantitative Attributes and Best in Qualitative Attributes sub-awards. This is the first time a single company has bagged all three awards since TPDA’s inception in 2003.

The developer has climbed the ranks steadily over the past five years, having risen to second place in 2022 from eighth back in 2018.

...

Riaz1954

1,232 posts

Posted by Riaz1954 > 2023-12-03 23:45 | Report Abuse

EPF have unloaded and will return soon during December ….for sure.

Eagle77

4,140 posts

Posted by Eagle77 > 2023-12-04 15:25 | Report Abuse

MCEMENT rise supposedly GAMUDA also rise‼️ Come on gogogo⬆️✅

Eagle77

4,140 posts

Posted by Eagle77 > 2023-12-04 15:53 | Report Abuse

Good news mega project to be announced soon 🔜⬆️✅🫰🏻😄

Riaz1954

1,232 posts

Posted by Riaz1954 > 2023-12-04 18:29 | Report Abuse

EPF dumping continues ….they dump others sell and they return ..make a return and support pension payment that’s how they make their returns …….simple

speakup

25,077 posts

Posted by speakup > 2023-12-06 18:52 | Report Abuse

Results out!
Boo chow!
Besok limit down?

lotuseater

149 posts

Posted by lotuseater > 2023-12-06 20:06 | Report Abuse

@speakup - what nonsense are you talking about. Pls do some homework before typing senseless remarks. Did you read their statement "Excluding highway earnings of RM1 billion following the sale of highways last year, the group’s construction
and property earnings grew 35% to RM195 million in Q1FY24 compared with Q1FY23’s earnings of RM145million on the back of higher contribution from overseas projects."?

INVEST_AA

502 posts

Posted by INVEST_AA > 2023-12-06 21:13 | Report Abuse

On a quarterly basis, the group’s net profit came in 23% lower against the RM252 million reported in the immediate preceding quarter (4QFY2023),

theyoungman

1,736 posts

Posted by theyoungman > 2023-12-06 21:54 | Report Abuse

https://www.thestar.com.my/business/business-news/2023/12/06/gamuda-wins-rm177bil-contract-from-singapore-lta

Gamuda wins RM1.77bil contract from Singapore LTA
facebook sharing buttontwitter sharing buttonwhatsapp sharing buttontelegram sharing buttonlinkedin sharing button
CORPORATE NEWS
Wednesday, 06 Dec 20236:19 PM MYT

Mabel

23,204 posts

Posted by Mabel > 2023-12-07 07:37 | Report Abuse

This is Mabel’s Gamuda's 3rd Railway Project showcasing the group's strong delivery track record in the region and solidifying its role as a key player in the city-state's transportation infrastructure development.

Contract CR209 is Gamuda’s second railway project in Singapore (after Defu Station and Tunnels); and its third infrastructure project (after the Gali Batu Multi-Storey Bus Depot), all awarded by Singapore Land Transport Authority. Construction works are expected to start in the first quarter of 2024, with passenger service for CRL 2 targeted to commence in 2032.

Meanwhile, Gamuda posted a net profit of RM195.04mi with Revenue, however, surged to RM2.8bil from RM1.3bil a year ago. It has declared a single tier interim dividend of 6.00 sen per ordinary share. The dividend date and the book closure date to be determined and announced later.

Well Done Gamuda!

Riaz1954

1,232 posts

Posted by Riaz1954 > 2023-12-07 09:22 | Report Abuse

Excellent results. The words used to describe “ discrepancy” between this year and last year……,! Better vocabulary is last year results impacted by exceptional transaction I which was sale of highway concession!

Riaz1954

1,232 posts

Posted by Riaz1954 > 2023-12-07 09:23 | Report Abuse

Good dividend. Next year will grow more and win more contracts for sure

jenson68

1,122 posts

Posted by jenson68 > 2023-12-07 12:13 | Report Abuse

December is good month for Gamuda!!
Hold as more good news to come

tyyap

3 posts

Posted by tyyap > 2023-12-07 15:24 | Report Abuse

A very good prospect construction company 2024

Trader1188

251 posts

Posted by Trader1188 > 2023-12-07 15:28 | Report Abuse

More overseas projects are coming soon, especially from Down Under, which is a sizeable one.

jenson68

1,122 posts

Posted by jenson68 > 2023-12-07 18:30 | Report Abuse

南详行家论股
金务大建筑业务赚幅复苏
目标价:RM5.15
买入
分析:丰隆投行研究

jenson68

1,122 posts

Posted by jenson68 > 2023-12-08 10:49 | Report Abuse

Wow!!
(MIDF) Gamuda TP: RM5.55 ( BUY )

Pinky

3,215 posts

Posted by Pinky > 2023-12-11 10:31 | Report Abuse

T.T losing steam

SourDosey

135 posts

Posted by SourDosey > 2023-12-12 09:24 | Report Abuse

Being pushed down on purpose to let people collect it cheap 😁

Eagle77

4,140 posts

Posted by Eagle77 > 2023-12-14 21:23 | Report Abuse

Lai lai lai ⬆️✅💰💰💰😎🤞

Leward88

105 posts

Posted by Leward88 > 2023-12-15 09:16 | Report Abuse

"New FTSE4Good Bursa Malaysia Index is out, constituent as below:"

1. Kinergy Advancement
2. Gamuda
3. Kawan Food
4. Datasonic Group
5. MSM Malaysia Holdings
6. OCK Group
7. TDM
8. Advanced Synergy
9. Avaland
10. Kossan Rubber
11. Classic Scenic

https://klse.i3investor.com/web/blog/detail/ESGisaNewTrend/2023-12-14-story-h-212402633-FTSE4GOOD_BURSA_MALAYSIA_DECEMBER_2023_SEMI_ANNUAL_REVIEW

jenson68

1,122 posts

Posted by jenson68 > 2023-12-15 09:23 | Report Abuse

Resistance can be found at the RM5 and RM5.31 levels, while support is pegged to RM4.40 and RM3.93.
(TheStar)

troy88

2,563 posts

Posted by troy88 > 2023-12-15 10:30 | Report Abuse

Correction couple weeks ago was opportunity to accumulate..

alyson97

20 posts

Posted by alyson97 > 2023-12-15 16:59 | Report Abuse

Wah, last minute 5mil transactions.... What does this mean?

theyoungman

1,736 posts

Posted by theyoungman > 2023-12-15 17:09 | Report Abuse

Nice volume.
5mil passing hand from left to right? Next market day shoot up? Don't think this stock will surge up like a goreng stock. This bb is for real longnterm investors.

alenac

2,616 posts

Posted by alenac > 2023-12-20 20:01 | Report Abuse

Why less construction jobs in Malaysia?

Bard's analysis of Gamuda CEO, Datuk Lin Yun Ling, where he expressed several concerns about the Malaysian government's spending resources in the article:

High Dependence on Subsidies: Lin criticizes the government's heavy reliance on subsidies, particularly for fuel and essential items. He argues that these subsidies artificially suppress prices, leading to stagnant wages and hindering private investment in infrastructure projects. He believes that targeted subsidies and price adjustments are necessary to incentivize private sector participation and drive economic growth.

Impact on Infrastructure Spending: Due to the high allocation of budget towards subsidies, Lin observes a decline in funding for major infrastructure projects. He fears that this trend could continue, further impacting the construction sector and economic development.

Political Will vs. Reality: Lin questions the government's commitment to making difficult but necessary changes, suggesting that short-term political goals often take precedence over long-term economic well-being. He emphasizes the need for a shift towards greater transparency and prioritizing common sense and reality over political expediency.

Consequences of Low Wages: He points out that artificially low wages, partly due to price controls, make Malaysia less attractive for private investments. He argues that higher wages, driven by market forces and reduced subsidies, would not only benefit citizens but also attract private capital for infrastructure development.

Examples: Lin uses examples from Vietnam and Taiwan to illustrate how focusing on subsidies can hinder wage growth and economic development. He contrasts these countries with Malaysia, where wages have stagnated despite rapid economic expansion.

Overall, Lin paints a concerning picture of the Malaysian government's spending priorities and its impact on infrastructure development and economic growth. He urges the government to reconsider its reliance on subsidies, prioritize long-term economic well-being, and create an environment conducive to private sector investment.

alenac

2,616 posts

Posted by alenac > 2023-12-20 20:02 | Report Abuse

Summary of Gamuda strength & future prospects.
Strengths:

Strong track record: Gamuda has a long and successful history of delivering major infrastructure projects in Malaysia and abroad. This gives them a competitive advantage in winning new contracts.
Diversification: Gamuda is not just focused on construction, but is also involved in property development, renewable energy, and other sectors. This diversification helps to mitigate risk and provides potential for growth in new areas.
Financial strength: Gamuda has a strong financial position, with a healthy order book and manageable debt levels. This gives them the resources to invest in new projects and take advantage of opportunities.
Technological innovation: Gamuda is committed to using innovative technologies to improve the efficiency and quality of its work. This includes technologies like building information modeling (BIM) and modular construction.
Experienced management team: Gamuda has a team of experienced and qualified managers who are able to navigate the challenges of the construction industry and make sound business decisions.

Weaknesses

Reliance on government infrastructure spending: Gamuda's success is heavily tied to government spending on infrastructure projects. As the article highlights, the Malaysian government's focus on subsidies and tight fiscal position could constrain infrastructure spending in the future, impacting Gamuda's order book and revenue.

Exposure to overseas markets: While Gamuda's expansion overseas provides growth opportunities, it also exposes them to different risks and challenges in each market. These can include variations in project margins, regulatory environments, and political stability.

Thin margins in certain markets: The article mentions that Gamuda faces lower margins in Australia due to high overheads and risk-averse clients. This could limit their profitability in certain overseas markets.

Competition in the construction sector: The construction sector is generally competitive, with both local and international players vying for projects. Gamuda needs to maintain its competitive edge in terms of efficiency, cost-effectiveness, and technological innovation to secure new contracts.

Dependence on project delivery partnerships: Gamuda's involvement in the Penang LRT project, for example, relies on being the project delivery partner (PDP). If the government decides to appoint a different entity, it could impact Gamuda's revenue and future prospects in that project.

Potential environmental concerns: Some of Gamuda's projects, such as the Penang South Islands reclamation project, have faced criticism from environmental groups. The company needs to be mindful of environmental considerations and ensure its projects adhere to sustainable practices.

It's important to note that these are potential weaknesses based on the available information. Gamuda has taken steps to address some of these challenges, such as diversifying its portfolio and expanding overseas. However, it's crucial to be aware of these potential risks when evaluating Gamuda's business model.
Future prospects:

Growth opportunities overseas: With the Malaysian infrastructure market facing challenges, Gamuda is likely to continue to focus on expanding its operations overseas, particularly in countries like Australia and Taiwan.
Renewable energy: Gamuda is well-positioned to capitalize on the growing demand for renewable energy, with its experience in hydropower and its investment in solar energy.

Public-private partnerships: The Malaysian government is increasingly looking to the private sector to invest in infrastructure projects. Gamuda's experience and financial strength make it a prime candidate for these partnerships.

Challenges: Gamuda faces some challenges in the future, such as the potential for rising interest rates, political uncertainty, and competition from other construction companies.
However, its strengths and experience should help it to overcome these challenges and continue to be a successful company.
Overall, Gamuda is a strong company with a bright future. Its strengths in track record, diversification, financial strength, and technological innovation give it a competitive advantage in the construction industry. While there are some challenges ahead, Gamuda's future prospects are positive.
https://theedgemalaysia.com/node/693581

SourDosey

135 posts

Posted by SourDosey > 2023-12-21 09:31 | Report Abuse

Gamuda is being window dressed. I guess it will move up by end of the month ..

Riaz1954

1,232 posts

Posted by Riaz1954 > 2023-12-22 09:48 | Report Abuse

Too many held by epf ….they sell make a margin and than return than the share price advances a bit and the whole cycle is repeated ….unless there is a catalyst such selling of the highway concession or new contract ….

madmusrz

35 posts

Posted by madmusrz > 2023-12-25 23:32 | Report Abuse

epf is slowly selling or buying??..i confuse

Germaice

132 posts

Posted by Germaice > 2023-12-26 11:37 | Report Abuse

LRT

Pinky

3,215 posts

Posted by Pinky > 2023-12-26 11:47 | Report Abuse

Today market so quiet and gloomy

SourDosey

135 posts

Posted by SourDosey > 2023-12-29 11:54 | Report Abuse

no window dressing for Gamuda today...?

Posted by Lightofheaven > 2024-01-03 16:02 | Report Abuse

haha lai liao..huat ahh

troy88

2,563 posts

Posted by troy88 > 2024-01-04 09:39 | Report Abuse

Construction king steady..

alyson97

20 posts

Posted by alyson97 > 2024-01-04 11:49 | Report Abuse

steady..... all time high!

alyson97

20 posts

Posted by alyson97 > 2024-01-04 15:12 | Report Abuse

hohoho took some profit at 4.85

Mabel

23,204 posts

Posted by Mabel > 2024-01-04 15:29 | Report Abuse

Wow Gamuda so power today..

Pinky

3,215 posts

Posted by Pinky > 2024-01-04 19:14 | Report Abuse

Tomorrow 5.00?

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