Posted by Woo John > 2017-10-27 10:49 | Report Abuse

If the Budget touch on major construction works, then we will see Gamuda turns to gap up.

Posted by Superb99 > 2017-10-27 12:21 | Report Abuse

i really dont know when this counter can reach rm6

Posted by T1T4N > 2017-10-28 12:07 | Report Abuse

ECRL, MRT, LRT expedition on bajet 2018
Gamuda short term prospect extremely WELL.
TP RM7 until ge14

Posted by stockintalk > 2017-10-28 18:00 | Report Abuse

Big Construction Jobs to KICK OFF next year.

CONSTRUCTION players planning for the start of big-ticket jobs finally got the news they were waiting for. The large construction jobs valued at more than RM150bil will be dished out next year.

The RM55bil East Coast Rail Link (ECRL) will kick off in January, while the construction of the MRT3 or the circle line will be expedited to be completed by 2025, earlier than the initial target of 2027.

The next few years look promising for :

1) Gamuda Bhd.

2) George Kent (M) Bhd.

3) WCT Holdings Bhd.

4) Gabungan AQRS Bhd.

5) Mudajaya Bhd.

6) Sunway Construction Bhd.

7) Fajarbaru Builder Group Bhd.

8) TRC Synergy Bhd.

In order to ensure a balanced economic spillover between urban and rural areas, the Government will improve logistics and transport infrastructure through the ECRL project which connects Port Klang to Pengkalan Kubor in Kelantan, which has the capacity to transport cargo and passengers in four hours. For now, more than 1,000 firms are competing for civil work packages for the construction of the new 688km rail line that will link states on the east coast to the Klang Valley.

Meanwhile, the MRT2 Line from Sungai Buloh–Serdang–Putrajaya, spanning 52km and covering 37 stations with an estimated construction cost of RM32bil, will go on. It is estimated to be completed by 2022.

A sum of RM110mil has also been allocated to provide an alternative road to Port Klang to smoothen and complement the transportation network.

Furthermore, the construction of the LRT3 project, which will connect Bandar Utama to Johan Setia, Klang, is expected to be completed by February 2021.

Another construction commitment is the high-speed rail project, which will connect Kuala Lumpur to Singapore in a distance of 350km in 90 minutes to be completed by 2026.

The West Coast Highway from Banting, Selangor, to Taiping, Perak is under construction at an estimated cost of RM5bil.

As for the Central Spine Road, RM230mil has been allocated to continue the construction of the road from Raub to Bentong and Gua Musang, Kelantan, to Kampung Relong, Pahang.

https://www.thestar.com.my/business/business-news/2017/10/28/big-const...

http://www.theedgemarkets.com/article/market-refocus-fundamental-says-hlib-research

Posted by stockintalk > 2017-10-28 18:02 | Report Abuse

https://www.thestar.com.my/business/business-news/2017/10/28/big-construction-jobs-to-kick-off-next-year/

Posted by Superb99 > 2017-10-28 23:55 | Report Abuse

T1t4n, if really gamuda reaches rm7 then huat lor....c39 buy buy buy...lol

Posted by T1T4N > 2017-10-29 03:16 | Report Abuse

Suggest you consider Gamuda-we instead.
Can hold longer term until GE14.

Legendary investor Koon Yew Yin having almost 5% of substantial shareholding on Gamuda-we.
You can check annual report.

Good luck and hold until GE14

Posted by pakatan_harapan2 > 2017-10-29 15:14 | Report Abuse

Pakatan fight for more toll free highways. BN only give 4 highways toll free.

Posted by keyin > 2017-11-02 15:16 | Report Abuse

Orang Gila = pakatan harapan2

Posted by hatson > 2017-11-03 14:18 | Report Abuse

Kesm is a very good semiconductor stock with a low P/E. dividend, uptrend.

Posted by Adrian Tiong Meng Wei > 2017-11-07 09:13 | Report Abuse

News out that for circle line bidding, com need at least 5 billion capital.. looking into it, only gamuda, sunway, and MMC have it unless some companies jv

Posted by ongmari > 2017-11-07 09:47 | Report Abuse

retreat..gamuda may not get project? how much it will go down...4.5?

Posted by joannelim > 2017-11-07 10:18 | Report Abuse

Heavy sell down. opportunities?

Posted by ks55_ > 2017-11-07 10:25 | Report Abuse

MRT 2 no more projects?

Posted by ks55_ > 2017-11-07 10:27 | Report Abuse

RM 4 coming?

Posted by joannelim > 2017-11-07 10:33 | Report Abuse

486 buy

Posted by Max Yong > 2017-11-07 10:38 | Report Abuse

Please check the top 30 shareholders. 5m volume to them is nothing. Mostly are institution and IBs

Posted by PlsGiveBonus > 2017-11-07 11:40 | Report Abuse

No more hope

Posted by Max Yong > 2017-11-07 11:42 | Report Abuse

@plsgivebonus Haha your comment sounds like Gamuda going to be dormant. In fact, If Gamuda going to be dormant , say good bye to your pension fund. Please check who is the top shareholder in Gamuda.

Posted by HuatRex > 2017-11-07 11:46 | Report Abuse

Anyway, it is quite abnormal for gamuda to be pressed down like this. I wonder why

Posted by PlsGiveBonus > 2017-11-07 11:46 | Report Abuse

02-Nov-2017 Insider EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD") (a substantial shareholder) disposed 2,000,000 shares on 30-Oct-2017.
01-Nov-2017 Insider EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD") (a substantial shareholder) disposed 1,912,700 shares on 27-Oct-2017.
01-Nov-2017 Insider EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD") (a substantial shareholder) disposed 488,200 shares on 27-Oct-2017.
01-Nov-2017 Insider EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD") (a substantial shareholder) disposed 319,100 shares on 27-Oct-2017.

Posted by NagaPelangi > 2017-11-07 11:52 | Report Abuse

Gamuda will be part of the turn key consortium to build be MRT 3 Line. Much more profitable than PDP role

Posted by Max Yong > 2017-11-07 12:16 | Report Abuse

@plsgivebonus Obviously you never see the total share holding for EPF. Is okay , let me tell you the figure. Based on last annual report , EPF is holding 223,733,505 (9.24%) EPF disposing partial of the shares to others purpose is very norm tho.

Posted by sell > 2017-11-07 12:20 | Report Abuse

If EPF dispose like YTL, Malakoff why cannot drop more?

Posted by joannelim > 2017-11-07 13:32 | Report Abuse

local fund is selling

Posted by snowball001 > 2017-11-07 13:50 |

Post removed.Why?

Posted by HuatRex > 2017-11-07 13:51 | Report Abuse

No need promote kesm here

Posted by Max Yong > 2017-11-07 14:00 | Report Abuse

Please check today top losers , mostly blue chip falls. Either local funding or foreign inistuion is selling to shift capital to others market since our KLCI is not really performing due to lack of catalyst. Yet, they will flow back soon.

Posted by eklim65 > 2017-11-07 14:49 | Report Abuse

Some thing very fishy is going on. Trade carefully. I still have 10K shares @ RM5.27. Paper lost about RM5K.

Posted by hng33 > 2017-11-07 14:54 | Report Abuse

bought Gamdua at 4.79

Posted by hng33 > 2017-11-07 14:59 | Report Abuse

Add last batch at 4.76

Posted by csl1991 > 2017-11-07 15:00 | Report Abuse

seems pretty attractive now

Posted by ttwong > 2017-11-07 15:02 | Report Abuse

today sell down is because of MRT3. Let's see if there is opportunity to initiate position in Gamuda.

Posted by ymtan > 2017-11-07 15:08 | Report Abuse

bro hng33 ..
im anticipating to learn from you ... Do you have any group to join ?? how shall i pm you .?? thank you

Posted by MoneyUp888 > 2017-11-07 15:12 | Report Abuse

Oversold

Posted by Lukesharewalker > 2017-11-07 15:21 | Report Abuse

Rumours is that their project in Penang is flooded...

Posted by hng33 > 2017-11-07 15:26 | Report Abuse

No reason for selloff, opportunity to buy on weakness

Posted by Lukesharewalker > 2017-11-07 15:30 | Report Abuse

If damage is extensive,profitability impacted

Posted by hng33 > 2017-11-07 15:30 | Report Abuse

Support buying volume coming in

Posted by Zi Xi > 2017-11-07 15:33 | Report Abuse

zap in 4.75

Posted by hng33 > 2017-11-07 15:37 | Report Abuse

recovering

Posted by keyin > 2017-11-07 15:40 | Report Abuse

https://m.malaysiakini.com/news/401082

Posted by HuatRex > 2017-11-07 15:42 | Report Abuse

Keep postponing. So inefficient

Posted by hng33 > 2017-11-07 15:43 | Report Abuse

splash deal delay could be setback reason for short term due to unable to realize one off gain and special dividend. But, gamuda still able to continue splash earning as long as concession still valid till take over time next year July. No problem for gamuda at all

Posted by hng33 > 2017-11-07 15:45 | Report Abuse

Current knee jerk weakness is rare opportunity to accumulate back gamuda on weakness

Posted by Max Yong > 2017-11-07 15:58 | Report Abuse

Personal opinion , some parties want to press down the share price and accumulate again before GE start. :)

Posted by azfar8 > 2017-11-07 16:14 | Report Abuse

Adrian TMW, please explain further or can you provide the thing that need 5 bil cap? cap in term of mkt cap? I really need to know, thanks

Posted by Anson1314 > 2017-11-07 16:15 | Report Abuse

Dun buy first, will drop again.. wait oversold first.. will keep drop until 4.6.. cut loss 4.6 below..then wait until 4.3..

Posted by Layman > 2017-11-07 16:22 | Report Abuse

=MARKET BUZZ: Malaysia's Construction Stocks Fall As MRT3's Tender Disappoints

KUALA LUMPUR (Nov 07) -- Bursa Malaysia Construction index down 1.3% at 320.37 points, lowest since March as the MRT3's tender details bring negative surprise for Malaysian contractors.

"We believe that a foreign contractor is likely to be the turnkey lead. None of the Malaysian corporates are keen on the financing role, and will only choose to bid at the subcontractor level for portions of the MRT3," says Nomura Securities in investor note; expects lower margin for subcon package. Largest construction stock Gamuda down 4.3% at 8-Month low of MYR4.85, as the PDP (project delivery partner) role is eliminated.

Still, CIMB Investment Bank keeps Overweigh rating for construction sector, expects MRT3 would cost MYR40 billion, 25% higher than MRT2.

"We believe chances are still fairly strong for Gamuda to play a significant role in the construction of the MYR37 billion's 40km underground tunnel for MRT3 given its cost and logistics advantage, expertise in the geological settings of Klang Valley via MRT1 and MRT2," adds house; keeps Add call on stock.

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Posted by hng33 > 2017-11-07 16:22 | Report Abuse

Buying volume outpace selling volume, recovery on track