GAMUDA (5398) - Stock Market Buzz

Notice Of Bonus Entitlement
Dec 09, 2024

Bonus issue of up to 2,978,945,287 new ordinary shares in Gamuda Berhad ("Gamuda") ("Gamuda Shares") ("Bonus Shares") on the basis of 1 Bonus Share for every 1 existing Gamuda Share held as at 5.00 p.m. on 20 December 2024 ("Entitlement Date")

Kindly be advised of the following :

1) The above Company’s securities will be traded and quoted “[EX-BONUS ISSUE]” as from: 19 Dec 2024
2) The last date of lodgment : 20 Dec 2024
3) Retention Money: Where securities are not delivered in time for registration by the seller, then the brokers concerned:-
a) Selling Broker to deduct 1/2, of Selling Price against the Selling Client
b) Buying Broker to deduct 50.0%, of Purchase Price against the Buying Client
c) Between Broker and Broker, the deduction of 1/2, of the Transacted Price is applicable.

Remarks 1:
Bursa Malaysia Securities Bhd would like to clarify that on the basis of settlement taking place after 20 Dec 2024 with bonus issue of GAMUDA shares, any shareholder who is entitled to receive GAMUDA bonus issue shares, may sell any or all of his GAMUDA shares arising from the bonus issue beginning the Ex-Date (19 Dec 2024).

For example, if Mr X purchases 100 GAMUDA shares on cum basis on 18 Dec 2024, Mr X should receive 100 shares on 20 Dec 2024. As a result of the bonus issue, an additional of 100 GAMUDA shares will be credited into Mr X's CDS account on the night of 20 Dec 2024 being the Book Closing Date. Therefore, Mr X can sell a total of 200 GAMUDA shares on or after the Ex-Date i.e. from 19 Dec 2024 onwards.

Remarks 2:
The Bonus Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") on 23 December 2024, being the next market day after the Entitlement Date on 20 December 2024.

The notices of allotment will be issued and dispatched to all entitled shareholders of Gamuda not later than 4 market days after the date of the listing and quotation of the Bonus Shares on the Main Market of Bursa Securities.

Announcement Info
Company Name GAMUDA BERHAD
Stock Name GAMUDA
Date Announced 09 Dec 2024
Category Listing Circular
Reference Number ILC-09122024-00004

1 week ago

Mabel

Thank you so much Gamuda! Told you Santa is cumming.....

1 week ago

AmeerPandaEyes

do stock price usually recover back after bonus issue

1 week ago

kancs3118

Actually, there is no changes to your portfolio dollar value 💵💰 pre and post bonus issue.

Bonus issue just make the share price appear cheaper for degenerates to come in and play with the share price

1 week ago

AllIsVanity

Price Target
Gamuda Berhad - Secures AUD625mn New Solar Farm Contract
Source : TA, Price Call : BUY, Price Target : 12.31
Last Price : 4.75, Upside/Downside : +7.56(159.16%)

2024-12-17
Price Target
Gamuda - Shining Bright In Australia; Maintain BUY
Source : RHB, Price Call : BUY, Price Target : 11.67
Last Price : 4.75, Upside/Downside : +6.92(145.68%)

2024-12-17
Price Target
Gamuda Berhad - Secures RM1.8bn Solar Farm Job
Source : PUBLIC BANK, Price Call : BUY, Price Target : 10.40
Last Price : 4.75, Upside/Downside : +5.65(118.95%)

2024-12-17
Price Target
Gamuda (GAM MK) - Secured Another Australia RE Project
Source : PHILLIP CAPITAL, Price Call : BUY, Price Target : 11.10
Last Price : 4.75, Upside/Downside : +6.35(133.68%)

2024-12-17
Price Target
Gamuda Berhad - DTI Seals RM1.8b Solar Farm Project in NSW
Source : MIDF, Price Call : BUY, Price Target : 10.68
Last Price : 4.75, Upside/Downside : +5.93(124.84%)

2024-12-17
Price Target
Gamuda - 5th Contract Win in Hand
Source : KENANGA, Price Call : BUY, Price Target : 10.80
Last Price : 4.75, Upside/Downside : +6.05(127.37%)

If these are the prices after bonus, then I’m on cloud nine.

1 week ago

AmeerPandaEyes

is now a good time to buy gamuda

1 week ago

Mabel

AllIsVanity

Price Target
Gamuda Berhad - Secures AUD625mn New Solar Farm Contract
Source : TA, Price Call : BUY, Price Target : 12.31
Last Price : 4.75, Upside/Downside : +7.56(159.16%)

2024-12-17
Price Target
Gamuda - Shining Bright In Australia; Maintain BUY
Source : RHB, Price Call : BUY, Price Target : 11.67
Last Price : 4.75, Upside/Downside : +6.92(145.68%)

2024-12-17
Price Target
Gamuda Berhad - Secures RM1.8bn Solar Farm Job
Source : PUBLIC BANK, Price Call : BUY, Price Target : 10.40
Last Price : 4.75, Upside/Downside : +5.65(118.95%)

2024-12-17
Price Target
Gamuda (GAM MK) - Secured Another Australia RE Project
Source : PHILLIP CAPITAL, Price Call : BUY, Price Target : 11.10
Last Price : 4.75, Upside/Downside : +6.35(133.68%)

2024-12-17
Price Target
Gamuda Berhad - DTI Seals RM1.8b Solar Farm Project in NSW
Source : MIDF, Price Call : BUY, Price Target : 10.68
Last Price : 4.75, Upside/Downside : +5.93(124.84%)

2024-12-17
Price Target
Gamuda - 5th Contract Win in Hand
Source : KENANGA, Price Call : BUY, Price Target : 10.80
Last Price : 4.75, Upside/Downside : +6.05(127.37%)

If these are the prices after bonus, then I’m on cloud nine.
19/12/2024 4:37 PM

Haha Mabel is also on cloud nine too..

The price targets mentioned are likely based on the pre-bonus issue share price. After the bonus issue, the share price will be adjusted to reflect the increased number of shares. Here's a breakdown of how this works:

Bonus Issue Impact
Bonus Issue Ratio: Gamuda has announced a one-for-one bonus issue, meaning for every share you own, you will receive an additional share.

Price Adjustment: On the ex-date, the share price will be adjusted to account for the bonus shares. For example, if the share price was RM4.75 before the bonus issue, it would be adjusted to approximately RM2.375 after the bonus issue (since the number of shares has doubled).

Adjusted Price Targets
TA Securities: Original target RM12.31, adjusted target RM6.155.

RHB: Original target RM11.67, adjusted target RM5.835.

Public Bank: Original target RM10.40, adjusted target RM5.20.

Phillip Capital: Original target RM11.10, adjusted target RM5.55.

MIDF: Original target RM10.68, adjusted target RM5.34.

Kenanga: Original target RM10.80, adjusted target RM5.40.

While the adjusted price targets are lower, the overall value of your investment remains the same due to the increased number of shares. So, if you were excited about the original price targets, you can still be optimistic about the adjusted targets post-bonus issue!

To Our Success !

Meow

1 week ago

kancs3118

Meow meow...
Wanna ask you....
Target price RM7 achievable ?

1 week ago

troy88

No worries, construction king just taking a rest after bonus. 2025 will be a stellar year.

1 week ago

Mabel

As of today, based on 19 Analysts, Max Target Price is RM 6.15

The Target Price will change as our King of Construction win more contracts.

Gamuda has an excellent track records of winning contracts...

Meow Meow Meow

1 week ago

Code2360

Hi i want to ask when will they topup the stock quantity after bonus issue? Because my quantity still the same

1 week ago

kancs3118

Meow meow meow....
What other stocks you own yah ?

1 week ago

kancs3118

Fly baby fly 🕊️

1 week ago

kancs3118

Meow meow
When Gamuda gonna rock $6.50?

1 week ago

cktay

2,843,898,687 Gamuda Shares will be issued pursuant to the Bonus Issue of Shares and will be listed and quoted on the Main Market of Bursa Securities with effect from 9.00 a.m. on 23 December 2024

1 week ago

Plantermen

After effects of the bonus stock splits

1 week ago

AllIsVanity

💎🙌

1 week ago

1DERFUL

Why 1 for 1 bounce share has not reflected in my account?

6 days ago

mamakspecial

it will reflect...i use rakuten..took 3 days to reflect..

6 days ago

redhotpepper

Merry Xmas!!

6 days ago

Riaz1954

Gamuda will resume its onwards and upwards journey

6 days ago

1DERFUL

@mamakspecial, thanks👌

6 days ago

DreamCommander

Infrastructure and DC projects set to boost construction
Wednesday, 25 Dec 2024

https://www.thestar.com.my/business/business-news/2024/12/25/infrastructure-and-dc-projects-set-to-boost-construction

4 days ago

Syerifaizal Mustapha

good news today

4 days ago

HKHedgeFund

buy hapseng

4 days ago

kancs3118

Any good news for Gamuda ?

4 days ago

cktay

Appears that those who received their bonus shares 3 days ago had been selling!
Good that they have got rid of their shares😀

4 days ago

troy88

Fundamentals intact after some profit taking in recent weeks. This is not a goreng stock so no need to worry as long as fundamentals remain strong..

3 days ago

1DERFUL

Did 1 extra bounce reflected in your account? i bought on 19th Dec (ex-date); i believe i will be entitled , right?

3 days ago

KingKKK

Technical Outlook - GAMUDA (Uptrend Intact After FBMKLCI Inclusion) - #GAMUDA

https://klse.i3investor.com/web/blog/detail/bestStocks/2024-12-27-story-h496917106-Technical_Outlook_GAMUDA_Uptrend_Intact_After_FBMKLCI_Inclusion_GAMUDA

3 days ago

Riaz1954

Gamuda is on the crest of performance and 2025 will be another successful year winning more contracts. 5.70- 6 is on the cards for sure

3 days ago

kancs3118

When Gamuda gonna declare the 7cents dividend ?

3 days ago

jenson68

( Nanyang ) 财经新闻
金务大斥4.2亿森美兰购地开发数据中心

4 hours ago

pang72

GAMUDA is bursa constrution DC king

4 hours ago

DreamCommander

Gamuda's indirect unit acquires land for data centre infrastructure in Port Dickson for RM424.4mil
Corporate News
Monday, 30 Dec 2024, 6:49 PM MYT

https://www.thestar.com.my/business/business-news/2024/12/30/gamuda039s-indirect-unit-acquires-land-for-data-centre-infrastructure-in-port-dickson-for-rm4244mil

1 hour ago

DickyMe

There is no need for huge data centers. Soon real estate demand for DC will reduce.
32TB HAMR HD is the latest storage technology.

1 hour ago

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