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1 month ago | Report Abuse
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Last year, Gamuda has withdrawn their intention to make proposal to government & MRCB is now JV with Berjaya Group, KTM & IJM, etc.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 ).
2024-05-23 17:29 | Report Abuse
Harta recently starts inviting many supplier/designer to visit them to supply/design new equipment / machineries, is a good sign of recovery. action is better than shouting.
2024-05-23 17:24 | Report Abuse
cktay, with RM6.00, now the PE=18.91, ROE=8.04, EPS=31.73, PB=1.54, Div=1.95% ....
2024-05-17 13:21 | Report Abuse
it was in Sinchew financial news few months ago. Now confirmed only 3 consortiums are involving, namely Berjaya-IJM-MRCB-KTM JV, YTL xxx JV & China companies JV.
2024-05-17 11:59 | Report Abuse
Sourdosey, Gamuda has withdrawn their involvement in HSR. it was well known few months ago.
2022-12-22 15:23 | Report Abuse
world class? don't mind telling you Gamuda is somebody in Malaysia but is just a peanut in the world / world class level.
2022-08-30 12:30 | Report Abuse
高庭驳槟政府司法审核,恢复槟南填海计划遇挫
https://www.malaysiakini.com/news/633902
2022-08-30 11:46 | Report Abuse
The High Court here has rejected a bid by the Penang state government to reinstate its Penang South Reclamation (PSR) project.
https://www.freemalaysiatoday.com/category/nation/2022/08/29/penang-govt-loses-legal-bid-to-reinstate-penang-south-reclamation-project/
2022-02-24 15:40 | Report Abuse
investment in airline & construction stocks can only be short-term or mid-term. this counter is a political sensitive stock. In fact, any change of government, the price dropped.
2018 BN changed to Pakatan - dropped
2020 Pakatan changed to PN - dropped
2022-02-24 15:36 | Report Abuse
welcome sharefisher. the only game changer now for this counter will be the Australia side.
MRT-2 Phase-1 & Phase-2 are going to end soon, by end of March 2022 & end of Dec 2022 respectively. That are with much budget slashed by the Pakatan government with less profit margin & much reduced scope of works in term of design fixtures & number of stations, both for elevated & underground. Whereby for northern & southern elevated sections, PDP contract changed to main contractor, and for underground section remain the same as main contractor.
You can see the almost completed stations now are with simple station design, compromised finishes, lesser cover walkway length, less station ceiling & much much more.
2022-02-24 11:50 | Report Abuse
Put closure of Sepang IBS factory in 2020 ( cost them RM100million ++) aside.
2022-02-24 11:48 | Report Abuse
You check how many time the share price dropped after new project announcement. No need too far, just starts from Penang master transport plan during Lim GE as CM until now.
2022-02-24 11:45 | Report Abuse
Sharefisher, i am telling the facts for people to explore. I did praise this counter when it was good, for example chances of getting projects in Australia in the past. But now this good factor has gone.
Do not listen only good news but also need to know bad news. I know many people only like to hear good news.
Please do not fall in love with any stock counter, but just invest with wisdom.
2022-02-23 21:11 | Report Abuse
Is a norm for this counter, each time there was an announcement of new project secured, next day the share price dropped.
People bought before the news, sold after the news.
Bought on news, sold on news.
Can be very sure they under-quoted to secure the Sg project as the MRT2 Phase 1 & Phase 2 will be completed next month & year end respectively. By hook or by crook, got to secure a new project.
2022-02-22 23:18 | Report Abuse
Malaysia construction companies always under quote for overseas projects. In the past, how many of them actually made money?
2022-01-18 15:52 | Report Abuse
China is a world famous no. 1 as an "Infrastructure Devil". They have punched through mountains / rocks from China to Pakistan, Nepal, crossed under the giant Yellow River, etc. Some of the tunnels at the north-east China have to be cooled down by ice every few minutes due to high temperature. The ECRL tunnel is simply just a peanut project.
2022-01-07 19:59 | Report Abuse
There has been quite sometime doing a lot of ground works in Australia. You may expect something to come in but do note hope soon. This news is so so to me.
2021-12-17 18:10 | Report Abuse
there is a simple way to verify Tony Pua is good, righteous or a bad guy:-
1) did he cut down a lot of construction cost for the project?
YES, from the revised construction contract figures, it said so. The contract for the elevated
package was changed from PDP contract to turnkey contract with many optimized designs cut
down the construction cost tremendously. The turnkey contract cost for underground package
was also cut down tremendously.
If you now go and visit the MRT Line-2 elevated stations for Phase-1 ( along Jln Kepong & Jln
Ipoh ) and compared with the MRT Line-1, you can see a lot of unnecessary design / features /
fixtures in MRT Line-1 are no more in MRT Line-2.
You clearly see MRT Line-1 is too luxury. Every time when i used MRT Line-1, I always ask - do
we need false ceiling for platform?? You spent the investment cost & subject to more
maintenance cost.
2) did he save a lot of money for government / rakyat?
YES.
3) out of all this effort, huha here & there, did he get anything for himself from whatever happened?
Police / MACC to verify.
Seeing it from your perspective ---- He is good, righteous or a bad guy.. You judge.
My 5 cents input.
2021-11-23 10:13 | Report Abuse
Until now Phase-1 of the MRT2 still not open to public riding. Supposed to be 15-Nov-21 as confirmed by the government
2021-10-08 21:21 | Report Abuse
Me too. Thanks CeyeInvestment. Can you share more stock info weekly?
2021-07-09 13:24 | Report Abuse
the MRT Line 2 is supposed to open its Phase 1 by this month ( July 21 ), later adjusted to Aug 21 and now becomes Mid-Nov 21. As this project is no longer under PDP, the delay is eating up the main contractor ( MMC-gamuda ) & all work package contractors & subcontractors' profits. I presume, this will also impact the Phase-2 as well ( May 2022 ?? ), although may not be that large impact. this is a very bad news.
If Line 3 is not kicking off soon with award of main contractors, the market will have many excess staffs.
2021-06-07 09:53 | Report Abuse
typical goreng stock. buy on news and sell on news.
kesian those bought at RM6.xx.
Like Topglove, people shouted RM100 with nice article but eventually only reached RM2x.
The moment you enter, the moment goreng people exit.
Those still wish to hold, hope you are at blessing side.
many people make money at other people expense.
2021-04-04 13:27 | Report Abuse
MRT3 starts in the 2nd half this year.... merely a dream after GE15. it shows GE15 is goming soon. They will try to sign contract before GE15 in the rush. Even preliminary designs come later.
Moo is going to lose. New government suspend the work.... or suspend the work for realignment design... or suspend the work for re-tender..
Hurry to start the work in the 2nd half, is so fishy..
If gamuda want the job, need to engage people as the existing staff are too busy with MRT2. But if government change after GE15, the risk is high. Secure the project now is not a good news. Secure the peohect after GE15 is better.
Is not a buy call . i am sure tomorrow morning, rhe price will be shot up, this sentiment may subside very fast... but i think careful investors may have different sentiment
2021-03-23 11:34 | Report Abuse
there is no sign they have secured new project. penang transport plan, long way to go for construction as need time for design development & authorities' permit. MRT3 & HSR to JB, long way to go. by the time the MRT2 complete, the train experts already say bye-bye to Bolehland. in addition, local people already got other project to involve, no more going back to train project. it is too late to start new train project if we want to see continuity of learning in train / railway project for our local people.
2021-03-23 11:24 | Report Abuse
how many round of right issues they have raised for the past few years? can not imagine how a company keep on raising / creating right issues to raise fund for survival. would you favour this type of stock? when it falls, there is no bottom line.
2020-09-26 17:22 | Report Abuse
Latest quarter just annouced yesterday --- lose money... expect at least the next one also lose money.... may God bless all.
2020-03-11 14:40 | Report Abuse
The Company wishes to announce that the validity of the LOA has been extended by the State Government to 31 August 2020 vide its letter dated 28 February 2020 which was duly received and accepted by SRS Consortium on 2 March 2020 (“Extension”).
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3030224
2020-02-04 14:48 | Report Abuse
Today buying rate shows investors are accumulating. Any idea, please share.
2020-02-03 17:30 | Report Abuse
Be patient, the price will be up very soon.
2020-02-02 21:40 | Report Abuse
Tomorrow sure gap down, no eye to see.
2020-01-17 14:30 | Report Abuse
change of contract from pdp to turnkey was a major hit to gamuda in 2018 & 2019 as the negotiated contract value was few billion lesser than expected / supposed to be. the 6% pdp was better than the profit from the negotiated turnkey contract....
2019-10-11 08:48 | Report Abuse
RM5bil project to turn Ipoh railway station into transport hub
https://www.thestar.com.my/news/nation/2019/10/10/rm5bil-project-to-turn-ipoh-railway-station-into-transport-hub#dbbksyMFGL2JzlEA.01
2019-08-08 09:47 | Report Abuse
some commenter here use bad words and condemn people. mind your words, respect this forum & your ownself. hurt yourself before you manage to hurt others. people won't listen to those who do not gain respect.
2019-04-19 08:53 | Report Abuse
CM: Penang's island reclamation project given federal nod
The National Physical Planning Council (NPPC) has given the green light for the reclamation of three islands off the southern coast of Penang island.
https://www.thestar.com.my/news/nation/2019/04/18/cm-penangs-island-reclamation-project-given-federal-nod/
2019-04-15 13:33 | Report Abuse
DOE approves EIA for Penang's proposed Pan Island Link 1.....
2019-04-15 09:36 | Report Abuse
MyHSR is calling for a Technical Advisory Consultant tender, check out the website for more details. Something is brewing behind the scene…
http://www.myhsr.com.my/tenders/kl-sg-hsr-project
2019-03-13 11:20 | Report Abuse
GAMUDA最大的股東是KWSP(EPF, 退休基金 ), 不是Lembaga Tabung Haji
Stock: [GAMUDA]: GAMUDA BHD
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.