GAMUDA BHD

KLSE (MYR): GAMUDA (5398)

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Last Price

8.82

Today's Change

+0.01 (0.11%)

Day's Change

8.77 - 8.87

Trading Volume

3,452,200

Financial

Financial Year 2020


Financial Year Annual Audited Account Annual Report View
Ann. Date Ann. Date
Discussions
6 people like this. Showing 50 of 17,486 comments

kancs3118

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

2 weeks ago

DreamCommander

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

2 weeks ago

PureBULL ...

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/

2 weeks ago

AllIsVanity

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

2 weeks ago

wahidul

come on let’s fly Gamuda

2 weeks ago

wahidul

total value of the contract is more than RM11billion

2 weeks ago

troy88

Congrats to believers of this construction king!

2 weeks ago

Mabel

Meow Meow Meow

Gamuda you are the Best !

2 weeks ago

troy88

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

2 weeks ago

mf

sell

2 weeks ago

yeinemesis

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

2 weeks ago

yeinemesis

Easy profit by Sellers today. Tomorrow another round.

2 weeks ago

jenson68

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

2 weeks ago

Mabel

Wow what happen to Gamuda today?

Luckily yesterday sold 50 %....

Time to collect back soon...

2 weeks ago

jenson68

Don’t panic !!! Retest higher & higher …
9 is on the way , hold saja

2 weeks ago

jenson68

Undervalued counter !!

2 weeks ago

PureBULL ...

Global wind power to rule electricity market - Gavin Maguire

Gamuda's young MD from world top 2 school, is helping the co to construct a mega wind power in aust.
the 1st co in msia with knowhow to do huge n forever growing biz...

https://klse1.i3investor.com/blogs/kianweiaritcles/2024-10-25-story-h472730632-Global_wind_power_to_rule_electricity_market_Gavin_Maguire.jsp

2 weeks ago

xiaoeh

Posted by jenson68 > 10 minutes ago | Report Abuse
Undervalued counter !!

Dear Jenson68
may i know what your real value / intrinsic value of Gamuda is?

2 weeks ago

jenson68

With all contracts in hand , this counter may surge and fly higher !! TP 9.80

2 weeks ago

xiaoeh

Noted and Thanks Jenson68

2 weeks ago

jenson68

Fasten the seat belt …haha

2 weeks ago

wahidul

another RM3 billion contract announced

2 weeks ago

forest18

Yup another RM3 billion
https://theedgemalaysia.com/node/731660

2 weeks ago

jenson68

See market reaction on Monday ..

2 weeks ago

AllIsVanity

The top price should be RM11 and above.

2 weeks ago

kancs3118

Gamuda don't need the budget 2025 or the forever cannot materialise MRT3.

2 weeks ago

DreamCommander

Gamuda wins RM3.048bil contract for Ulu Padas Hydroelectric Project in Sabah
Corporate News
Friday, 25 Oct 20245:48 PM MYT

https://www.thestar.com.my/business/business-news/2024/10/25/gamuda-wins-rm3048bil-contract-for-ulu-padas-hydroelectric-project-in-sabah

2 weeks ago

PureBULL ...

Gamuda,
suddenly go places n is winning all the mega projects.
MRT, DC to wind power n now 45% owner in Hydro RE:

https://www.thestar.com.my/business/business-news/2024/10/25/gamuda-wins-rm3048bil-contract-for-ulu-padas-hydroelectric-project-in-sabah

https://www.tradingview.com/x/xd7KPL5B/

2 weeks ago

Mabel

https://www.thestar.com.my/business/business-news/2024/10/25/gamuda-wins-rm3048bil-contract-for-ulu-padas-hydroelectric-project-in-sabah?_sta=vhg.uosvpxQddhqne.jsu0sv%7CIFFBBHQ&stm_medium=email&_stm_source=smartech

Scaling up for 2025…It was a wise decision to collect Gamuda yesterday

Gamuda Bhd has accepted a letter of award from Upper Padas Power Sdn Bhd (UPPSB) to serve as the total development contractor (TDC) for the 187.5MW Ulu Padas Hydroelectric Project in Tenom and Sipitang Sabah, in partnership with Conlay Construction Sdn Bhd (Conlay).

The scope of work includes the design, construction, testing and commissioning of a 187.5MW hydroelectric plant involving a roller-compacted concrete dam, a main and secondary powerhouse, water conveyance system, project access, and other permanent facilities which include a 275kV switchyard, 33kV sub-transmission line, workshop, stores and operation facilities, and a residential village.

1 week ago

alenac

Funds upgraded to more than RM10 per share.

1 week ago

Kaizenzon

Contra players pants drop

1 week ago

yeinemesis

Right time to buy

1 week ago

jenson68

Accumumute when dipped , all IB gave high TP !! Be patience

1 week ago

DreamCommander

Gamuda gets robust valuations following new RM3 billion hydro project in Sabah
Rachel Lau on October 29, 2024, Tuesday at 3:39 PM

https://www.theborneopost.com/2024/10/29/gamuda-gets-robust-valuations-following-new-rm3-billion-hydro-project-in-sabah/

1 week ago

SourDosey

https://www.thestar.com.my/business/business-news/2024/10/29/gamuda-likely-to-exceed-target

Analysts are positive about Gamuda Bhd’s prospects following the group’s Sabah hydroelectric power plant contract win.


Gamuda, together with its joint-venture (JV) partner Conlay Construction Sdn Bhd, had formalised the construction contract for the 187.5MW Upper Padas build operate and transfer hydroelectric power plant in Sabah from Upper Padas Power Sdn Bhd last Friday.

Gamuda has a 75% stake in the JV and Conlay Construction 25%.

Of the RM3.048bil Sabah hydro contract, Gamuda’s projected revenue is pegged at RM2.3bil based on its 75% stake in the JV, according to analysts.

CGS International (CGSI) Research, in a report, said: “We think Gamuda is on track to exceed the higher end of its forecast RM30bil to RM35bil order book guidance by end of 2024.”

The group’s year-to-date wins are about RM15.5bil, bringing its order book to RM31bil as at October, the the research housenoted.

CGSI Research said “Gamuda needs to clinch an additional RM9bil in new wins to achieve an order book of RM35bil by end-2024, assuming a burn rate of RM1bil per month.

“We expect incremental new wins for the rest of 2024 to be from local projects, such as Penang Light Rail Transit (LRT), Sabah water treatment plant and data centres.”

According to the research house, there is a potential for some project wins in Australia before the year-end from Gamuda’s 100%-owned subsidiary, DT Infrastructure.

Local projects contributed 30% of the group’s total order book of RM31bil as at October versus 22% in January while foreign projects from Australia, Taiwan and Singapore made up the remaining 70%.

“We expect the share of local projects to rise to 44% of its order book by December this year, with potential wins from Penang LRT and Sabah hydro,” added CGSI Research.

It had reiterated its “add” call on the stock with a target price (TP) of RM10 a share.

This was premised on Gamuda’s diversified order book, increasing data centre exposure and growing property business.

It noted the key rerating catalysts include more construction wins and stronger property sales.

Meanwhile, Kenanga Research, in a note to clients, said the confirmation of the latest contract would see Gamuda with a projected revenue of RM2.29bil based on its 75% stake, and a pre-tax profit margin of 10% for this project.

“We are positive on this project, which is widely anticipated as it was previously awarded the concession, but pending finalisation of the engineering, procurement, construction, and commissioning, contract.

“Its order book is nearing its end-2024 target of RM35bil. We maintain an ‘outperform’ rating at a TP of RM9.20,” it added.

The research house has also maintained the group’s new job win assumption at RM14.5bil and RM15bil for FY25 and FY26 respectively.

“We like Gamuda for being in the driver’s seat of the Mutiara Line of the Penang LRT, its ability to secure new jobs in overseas markets and its strong war chest after the disposal of its toll highways,” the research house noted.

Furthermore, the group’s strong earnings visibility is underpinned by a record outstanding order book (excluding Penang LRT) and its inroads into the renewable energy space.

RHB Research, in its report, pointed out that the latest contract was Gamuda’s third win for FY25.

As for year-to-date FY25 new jobs wins, Gamuda has clinched around RM6.2bil worth of new contracts (including the Upper Padas Hydro project) versus Kenanga Research’s FY25 job replenishment target of RM20bil.

The research house said: “There are more projects related to Upper Padas Hydro, which may arise in the coming quarters or next financial year, in our view, namely the water supply scheme and also the floating solar solution.”

“Assuming a burn rate of RM11bil from November to end-December 2025, the group needs to win RM20bil of new contracts from November until December 2025 to meet the lower end of the order book target range of RM40bil by end-2025,” it noted.

RHB Research has a “buy” call on the stock with a TP of RM10.52 a share.

1 week ago

newbie8080

Gamuda made good call to offload highway infrastructure in its portfolio a few years back.
This allows better cashflow management and flexible to expand it's order book globally.

1 week ago

jenson68

Non stop awards !!!

1 week ago

DreamCommander

Gamuda wins RM451.4m job to build data centre in Cyberjaya
Izzul Ikram/theedgemalaysia.com
01 Nov 2024, 01:19 pm
Updated - 02:16 pm

https://theedgemalaysia.com/node/732407

1 week ago

DreamCommander

Gamuda shares set for another record-high close as investors, analysts toast latest contract
Jason Ng/theedgemalaysia.com
04 Nov 2024, 11:02 am

https://theedgemalaysia.com/node/732556

4 days ago

jenson68

Uptrend !!

4 days ago

Mabel

Meow Meow Meow

3 days ago

wahidul

hit the highest price ever today,lets go Gamuda 🚀

3 days ago

mf

take profit

3 days ago

mf

take profit

3 days ago

jenson68

Undervalued counter with such contracts in hand , more to come and good in the long run !!

3 days ago

troy88

The king of construction!

2 days ago

jenson68

Soon will be above 9.00 level !! TP 9.80

2 days ago

kancs3118

The market loves Trump ?

1 day ago

Lbikeride

Gamuda news: (November 7, 2024)
==================
[1] Proposed Bonus Issue of Up to 2,978,945,287 New Ordinary Shares In Gamuda ("Gamuda Share(s)" Or "Share(s)") ("Bonus Share(s)") on The Basis of 1 bonus share For Every 1 Existing Gamuda Share Held On An Entitlement Date To Be Determined And Announced Later ("Entitlement Date") ("Proposed Bonus Issue Of Shares") ==> this will decrease the share price

==========
[2] Renewal authority to buy back shares ==> this will increase the share price

=====
so, I think the fair price after "ex-date" should be lower than 4.00? Agree?

21 hours ago

kancs3118

Yes..you are right 👍😀

11 hours ago

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