Posted by Mabel > 1 month ago | Report Abuse

As of the latest updates, Gamuda is still in the running for the Kuala Lumpur-Singapore High-Speed Rail (HSR) project. They have partnered with Malaysian Resources Corp Bhd (MRCB) to jointly bid for the role of Project Delivery Partner (PDP) for the HSR infrastructure construction on the Malaysian side.

https://theedgemalaysia.com/article/gamuda-mrcb-joint-bid-hsr-job-positive-surprise

Posted by Kikilala3188 > 1 month ago | Report Abuse

Gamuda no more involvement in HSR, they withdrew in 2018

Posted by pjflower > 1 month ago | Report Abuse

Mabel, that was the consortium before the 2018 09-May election.
Gamuda-MRCB have secured the PDP contract one day before the election.
The JV was no longer exist after the government postponed & later cancelled the project.

Last year, Gamuda has withdrawn their intention to make proposal to government & MRCB is now JV with Berjaya Group, KTM & IJM, etc. There are left only 3 JV consortium interested to make proposal.

For MRT3, is going to be quite late to happen, by end of 2025.
Gamuda only interested in Systems Package & one Tunnel Package. Gamuda does not involve in the tender for the rest of the 2 packages ( 1 elevated package & 1 elevated plus a bit of underground package ).

Posted by yeinemesis > 1 month ago | Report Abuse

https://www.nst.com.my/business/corporate/2024/09/1111242/gamudas-net-profit-drops-rm91213mil-revenue-rises-rm1334bil

Posted by rengit_river > 1 month ago | Report Abuse

Impressive result! https://gamuda.listedcompany.com/financial_information.html/year/2023

Posted by rengit_river > 1 month ago | Report Abuse

Gamuda Rewards Shareholders with Bonus Issue. Record-Breaking Performance

Excluding the discontinued highway operations, core net earnings grew 12% to a record-breaking RM912 million from last year's RM815 million on the back of higher overseas construction earnings and stronger domestic property earnings and margins

Posted by AllIsVanity > 1 month ago | Report Abuse

Buy 1 free 1? Sure or not?

Posted by minichart > 1 month ago | Report Abuse

FY24 Financial Performance
For 4QFY24, Gamuda reported impressive earnings growth, although it slightly missed market expectations. The company remains on track to deliver even better growth in FY25, thanks to strong order book visibility. Despite the slight underperformance, the company’s fundamentals and future prospects remain strong, driven by ongoing projects and an expanding pipeline.

Strong Order Book
Gamuda has a solid order book that provides strong visibility into its future growth. The company’s order book is expected to support earnings growth in FY25 and beyond. As of the report date, Gamuda has secured projects that are expected to contribute to sustained revenue generation and profitability. This positions the company to capitalize on ongoing and upcoming infrastructure developments in Malaysia and the region.

https://www.minichart.com.sg/2024/09/26/gamudas-strong-orderbook-fuels-optimistic-growth-outlook-for-fy25/

Thank you

Posted by kancs3118 > 1 month ago | Report Abuse

"We are positive on this development as we think that the bonus issue will enhance the liquidity of its share, thereby making it more appealing to a wider base of shareholders," Public Investment Bank Bhd (PIVB) said in a note.

Posted by kancs3118 > 1 month ago | Report Abuse

The 1:1 bonus issue timed to coincide with Gamuda's entry into the top30 Bursa component stocks. It is designed to increase both the liquidity and depth of the shares...making it more appealing to a wide base of shareholders

Posted by kancs3118 > 1 month ago | Report Abuse

Meaning big funds, retail investors , professional retail investors, degenerates like myself who seems to find this stock affordable and increase likelihood of goreng

Posted by kancs3118 > 1 month ago | Report Abuse

Increase momentum of the stock ..so,let say RM10 TP price...if from RM8 to RM10, have to increase by RM2 ....

Easier if the stock is RM4 to RM5...just RM1K to reach TP price...good for goreng

Posted by pjflower > 1 month ago | Report Abuse

Alllscanity, Buy 1 free one slso means share price is divided by half. Back to square. But increase the liquidity. Making the purchase more affordable.

Posted by ChloeTai > 1 month ago | Report Abuse

Who is dumping?

Posted by kancs3118 > 1 month ago | Report Abuse

this stock, once it replaced Genting inside FTSE 30 - will be in the radar of those deep pocket funds/ institutions. With the bonus issue - the shares appear cheaper and with deeper liquidity, more funds can participate and buy up the shares. Thus increasing the share price momentum.

Also, it will attract degenerates like myself - to buy more of the shares and create trading momentum. By right - in theory - bonus issue will not affect share price momentum but in practise - it does. especially given that gamuda is on a growth path.

Posted by DreamCommander > 1 month ago | Report Abuse

Gamuda gets A$243 mil Australian wind farm construction contract
Syafiqah Salim/theedgemalaysia.com
27 Sep 2024, 01:08 pm
Updated - 02:48 pm

https://theedgemalaysia.com/node/728222

Posted by minichart > 1 month ago | Report Abuse

https://www.minichart.com.sg/2024/09/30/gamuda-secures-major-wind-farm-project-strengthening-global-expansion-strategy/

Gamuda recently secured a significant win with the DTI (Department of Transport and Infrastructure) for a wind farm project in Australia. This project, valued at approximately RM702 million, marks a key diversification move for the company as it expands beyond its core rail-based projects in New South Wales (NSW).

The wind farm project helps Gamuda move closer to achieving its target of RM30 billion to RM35 billion in orderbook by the end of CY24F (Calendar Year 2024 Forecast). The company has a longer-term goal of reaching an orderbook of RM40 billion to RM45 billion by the end of CY25F.

Thank you

Posted by KingKKK > 1 month ago | Report Abuse

FBMKLCI Shake-Up in Q3: Sector WINNERS and LOSERS - YTLPOWER, MAYBANK, YTL, HARTA, TOPGLOV, CIMB, GAMUDA

https://klse.i3investor.com/web/blog/detail/bestStocks/2024-09-29-story-h470135190-FBMKLCI_Shake_Up_in_Q3_Sector_WINNERS_and_LOSERS

Posted by Mabel > 1 month ago | Report Abuse

Price target increased by 7.4% to RM8.83
Up from RM8.23, the current price target is an average from 17 analysts.
New target price is 9.3% above last closing price of RM8.08.
Stock is up 82% over the past year.
The company is forecast to post earnings per share of RM0.43 for next year compared to RM0.33 last year.

Posted by Lai Peng Chin > 1 month ago | Report Abuse

This counter is the favourite play by EPF. Have been observing that it buy and sell with high volumes on the same day.

Posted by FNomad777 > 1 month ago | Report Abuse

How come the price keeps dropping so much daily?

Posted by superman_ > 1 month ago | Report Abuse

@Fnomad777, If you feel fearful, time for bargain hunting.

Posted by Mabel > 1 month ago | Report Abuse

Indeed superman!!!

Posted by Mabel > 1 month ago | Report Abuse

Great price recovery

Posted by SourDosey > 1 month ago | Report Abuse

EPF doesn't like the bonus issue .. ?

Posted by Mabel > 1 month ago | Report Abuse

Gamuda Bhd (KL:GAMUDA) and Sunway Bhd’s (KL:SUNWAY) construction arm emerged as HLIB’s top picks as both companies have strong pipeline visibility and are in the earnings upcycle phase, it noted.

Posted by minichart > 1 month ago | Report Abuse

Budget 2025: Building Sustainable Growth and Market Opportunities in Malaysia

https://www.minichart.com.sg/2024/10/07/budget-2025-building-sustainable-growth-and-market-opportunities-in-malaysia/

Posted by Mabel > 1 month ago | Report Abuse

Meow Meow Meow

Posted by Mabel > 1 month ago | Report Abuse

A week ago CIMB has unseated Mabel Gamuda in Pole Position after overtaking Gamuda in Mabel's 12 Prince Portfolio.

Today Gamuda has unseated CIMB back to Pole Position..

Malaysia King of Construction, Gamuda will join Mabel's Princes; CIMB, Maybank, PCHEM, Sime Darby, Sunway and Mabel's Farmers; SDG, IOICorp and KL Kepong in FBM Top 25 KLCI constituents with Genting M’sia may give way his position to Gamuda.

Gamuda Berhad recently announced a one-for-one bonus issue. This involves issuing up to 2.98 billion bonus shares 1 to its shareholders, effectively doubling the number of shares they hold without any additional cost. The bonus shares will be issued fully paid, without capitalizing the group’s reserves.

This move comes on the back of a strong financial performance for the fourth quarter of FY2024, where Gamuda reported an 8.2% increase in net profit to RM272.49 million. The company’s revenue also saw a significant jump of 38.7% to RM4.72 billion.

To Our Success !

Meow Meow Meow

Stock: [CIMB]: CIMB GROUP HOLDINGS BERHAD

1 week ago | Report Abuse

# stkoay So attractive, topped up during pre close at 8.05...
30/09/2024 5:00 PM

Indeed stkaoy..

CIMB is now in Pole Position after overtaking Gamuda in Mabel's 12 Portfolio, thanks for accumulating yesterday when at it was sold at a Bargain Price. KLCI is up by 1 points today..

CIMB has never failed to deliver when it matters!!!

To Our Success !!!
09/10/2024 11:29 AM

Posted by Mabel > 1 month ago | Report Abuse

Is 17th October the date for 1+1 Bonus Issues?

Meow

Posted by PureBULL ... > 1 month ago | Report Abuse

giant GOOG is coming to the doors of msia to train up young msians.

this is a DREAM comes TRUE!
https://www.thestar.com.my/news/nation/2024/10/11/gamuda-launches-inclusive-artificial-intelligence-academy

NB: young msians 🙏 to the right GOD.

Is GAMUDA having big JV with GOOG to start new AI biz?

https://www.tradingview.com/x/VwzzMmc9/

Mr. Justin Chin Jing Ho

Aged 33
Alternate Director to YBhg Dato’ Ir Ha Tiing Tai and Managing Director, Gamuda Engineering

BOARD COMMITTEE MEMBERSHIP
• Member of Risk Management Committee

OTHER DIRECTORSHIP(S)

Listed Corporation/Corporations
• Nil

Public Company/Companies
• Nil

Mr. Justin Chin Jing Ho was appointed as the Alternate Director to YBhg Dato’ Ir Ha Tiing Tai on 18 October 2021.

A success story of the Gamuda Scholarship, Mr. Chin’s journey in the Gamuda Group began in 2008 when he was awarded a full scholarship to pursue his tertiary education. Soon after, he joined Gamuda as a Tunnel Engineer on the first Klang Valley Mass Rapid Transit (KVMRT) Project, the MRT Kajang Line, in 2012. Since then, he has held various positions within the Gamuda Group.

With over ten years of experience in the tunnelling sphere, Mr. Chin brings a wealth of technical expertise, competencies and knowledge to the business. He was appointed as the Tunnel General Manager for MMC Gamuda KVMRT (T) Sdn Bhd in 2018 and was responsible for delivering the 13.5 km of twin-bored tunnels for the MRT Putrajaya Line. He has also been involved with the Group’s local and regional engineering business operations in Singapore, Australia, Vietnam and Taiwan. Mr. Chin’s capabilities in tunnel engineering and digitalisation have led to the birth of the world’s first autonomous tunnel boring machine (A-TBM) in 2019, developed entirely in-house by a team of passionate young Gamuda engineers.

This innovative technological breakthrough has won numerous international accolades and awards, propelling Gamuda to the forefront of the global tunnelling fraternity.

Mr. Chin held the position of Special Officer to the Group Managing Director of Gamuda Berhad in 2020 before stepping up as an Executive Director of Gamuda Engineering in January 2021. He assumed the role of Managing Director of Gamuda Engineering on 1 August 2021 in line with Gamuda Group’s succession plans, transitioning to next-generation leaders for Gamuda’s sustainable long-term growth.

Mr. Chin leads the strategic direction and overall business performance of Gamuda’s engineering arm. He also oversees the delivery of the Gamuda Green Plan 2025 as Gamuda Group deepens its commitments to sustainable planning and design, as well as reducing its carbon emissions.

Mr. Chin holds a Master’s Degree in Civil and Environmental Engineering from Imperial College London, United Kingdom.

Mr. Chin has no family relationship with any Director and/or major shareholder of the Company, has no conflict of interest with the Company and has no conviction for any offences within the past five years (other than traffic offences, if any). Additionally, there were no public sanctions or penalties imposed by the relevant regulatory bodies during the financial year.

Posted by SourDosey > 1 month ago | Report Abuse

Gamuda outsources some data center work to LFE

https://themalaysianreserve.com/2024/10/16/lfe-lands-rm39m-data-centre-subcontract-from-gamuda/

Posted by stncws > 1 month ago | Report Abuse

RM10in 2026

Posted by Income > 1 month ago | Report Abuse

真是令人惊奇

Posted by Mabel > 1 month ago | Report Abuse

Construction Sector: Despite a reduction in development expenditure, the construction sector remains favored by the market. In Budget 2025, the government has allocated RM2.8 billion for federal road maintenance and RM5.5 billion to the MARRIS fund for national roads. Furthermore, 12 flood mitigation projects worth RM3 billion have been greenlit and are progressing as planned. MIDF Research identifies the construction industry as a primary beneficiary of Budget 2025, with top stock picks including $IJM (3336.MY)$, $GAMUDA (5398.MY)$, and $MCEMENT (3794.MY)$.

Posted by kancs3118 > 1 month ago | Report Abuse

Gamuda don't really need Malaysia shitty budget 2025 or that pissy MRt3

Posted by kancs3118 > 1 month ago | Report Abuse

Gamuda don't really need Malaysia shitty budget 2025 or that shitty MRt3 that forever does not materialise

Posted by DreamCommander > 1 month ago | Report Abuse

Gamuda JV wins RM4.3 bil MRT job in Taiwan
Myia S Nair/theedgemalaysia.com
22 Oct 2024, 01:20 pm
Updated - 02:33 pm

https://theedgemalaysia.com/node/731078

Posted by PureBULL ... > 1 month ago | Report Abuse

INVESTORS, [2024-10-22 2:11 AM]
this young MD from world top 2 school made GAMUDA great again,
in many countries now:

https://theedgemalaysia.com/node/731078

https://www.tradingview.com/x/kUd1Wj8r/

Posted by AllIsVanity > 1 month ago | Report Abuse

Just When I Thought I Was Out, They Pull Me Back In!

Posted by wahidul > 1 month ago | Report Abuse

come on let’s fly Gamuda

Posted by wahidul > 1 month ago | Report Abuse

total value of the contract is more than RM11billion

Posted by troy88 > 4 weeks ago | Report Abuse

Congrats to believers of this construction king!

Posted by Mabel > 4 weeks ago | Report Abuse

Meow Meow Meow

Gamuda you are the Best !

Posted by troy88 > 4 weeks ago | Report Abuse

Well done ATH construction king. Naysayers who were pissing on Gamuda since RM5 all hiding now lol..

Posted by mf > 4 weeks ago | Report Abuse

sell

Posted by yeinemesis > 4 weeks ago | Report Abuse

UP! As long no construction issues, no earthquake in Taiwan, no confrontation between China & Taiwan & trump presidency don't penalize pmx for joining brics.

Posted by yeinemesis > 4 weeks ago | Report Abuse

Easy profit by Sellers today. Tomorrow another round.

Posted by jenson68 > 4 weeks ago | Report Abuse

Finally BUY call from most of IB !! Worth to hold since August till today , haha

Posted by Mabel > 4 weeks ago | Report Abuse

Wow what happen to Gamuda today?

Luckily yesterday sold 50 %....

Time to collect back soon...