GAMUDA BHD

KLSE (MYR): GAMUDA (5398)

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Last Price

9.08

Today's Change

+0.19 (2.14%)

Day's Change

8.88 - 9.08

Trading Volume

6,793,600


6 people like this.

17,497 comment(s). Last comment by Lbikeride 2 hours ago

Posted by Kendo Ken Hz > 2018-10-15 14:40 | Report Abuse

Buy n close eyes tor one mth, u laugh to bank

tksw

12,841 posts

Posted by tksw > 2018-10-15 14:44 | Report Abuse

no strength already

Faiz Zanos

132 posts

Posted by Faiz Zanos > 2018-10-15 14:48 | Report Abuse

yup

Faiz Zanos

132 posts

Posted by Faiz Zanos > 2018-10-15 14:50 | Report Abuse

if price drop 3.8 risky

titus

4,159 posts

Posted by titus > 2018-10-15 15:00 | Report Abuse

Faiz, price already drop from 3.80 long time ago......if want risky also long time ago already la.....now see if it can go back to 2.80...lol

Faiz Zanos

132 posts

Posted by Faiz Zanos > 2018-10-15 15:14 | Report Abuse

LOL

Godiva

184 posts

Posted by Godiva > 2018-10-15 15:20 | Report Abuse

Scenario 1
Terminate the contract..
Impact
-Many will lost the job
-Subcon went bankrupt
-Many unable to service the mortagenloan n etc
-government lost of income (lesser income tax collection+lesser sst collection)
-market unable to absorb 20k workforce in short time..
-gamuda will plunge another 80sen..
-epf lost money
-foreign investor will think twice before invest in msia( bad image to us)
-gamuda will fall into crisis, ph jz kill a potential star in global market

Godiva

184 posts

Posted by Godiva > 2018-10-15 15:21 | Report Abuse

All of these will cost more than 2b that u r trying to save

Godiva

184 posts

Posted by Godiva > 2018-10-15 15:34 | Report Abuse

Strongly believe they will not terminate the contract.. the tender price they got is two years ago.. definately will not get back the price

Faiz Zanos

132 posts

Posted by Faiz Zanos > 2018-10-15 15:35 | Report Abuse

When will they announce it?

Godiva

184 posts

Posted by Godiva > 2018-10-15 15:38 | Report Abuse

It will cause axiety to international bidder.. u think it will be cheap if they tender the job?

qqq3

13,202 posts

Posted by qqq3 > 2018-10-15 15:38 | Report Abuse

Victor Yong > Oct 15, 2018 03:32 PM | Report Abuse

@godiva, if u believe, they wont cancel the contract, just grab it now... expecting a sudden jump of 30 to 50sen upon the announcement of the contract being given back to gamuda :)
==============


qqq3 one of the hot stocks this morning was Gamuda.....lol....short term a lot of speculative interest.....longer term, they will be lucky to stay above $2.

Gamuda will be hoping MACC do not call them up to account for the profits siphoned during MRT1 and the 40% MRT2 portion.

Gamuda better keep queit and do as they are told and accept whatever price by LGE.......lol.....

Godiva

184 posts

Posted by Godiva > 2018-10-15 15:39 | Report Abuse

“The recent news of the possibility of contract termination between MMC-Gamuda JV (MGJV) and MRT Corp on underground works has raised questions by concerned public. Government look to an option of re-tendering the remaining works with approximate amount of RM9.6 billion.

Currently, MGJV offers RM2.3 billion of reduction but government claimed the amount could reach in a range of 43.6% to 60.3% of cost saving from the remaining works.

One of financial risks result from the termination is the amount of compensation that the government has to consider. Re-tendering also may cause prolongation of project timeline and this will expose to higher cost. Plus minus from the projected cost saving, is it then worth it?

So my focus of discussion, what other risks that we can foresee should the government proceed to re-tender the remaining of the underground works? What are the common impacts of re-tendering an on-going project?” Naz Fariq

Godiva

184 posts

Posted by Godiva > 2018-10-15 15:39 | Report Abuse

Re tender + compensation cost ph a nuclear bomb

Anti_debt

224 posts

Posted by Anti_debt > 2018-10-15 15:42 | Report Abuse

Cancel MRT2 like MRT3, HSR, ECRL. Reduce M'sia RM 1 trillion debts is no 1 priority.

Faiz Zanos

132 posts

Posted by Faiz Zanos > 2018-10-15 15:43 | Report Abuse

LOL most developed country has high debt like USA

qqq3

13,202 posts

Posted by qqq3 > 2018-10-15 15:43 | Report Abuse

Gamuda is just another property development company.....with a lot of overseas earnings....

what is it really worth?

qqq3

13,202 posts

Posted by qqq3 > 2018-10-15 15:45 | Report Abuse

Faiz Zanos > Oct 15, 2018 03:43 PM | Report Abuse

LOL most developed country has high debt like USA
============

they can print US dollars...we cannot.

qqq3

13,202 posts

Posted by qqq3 > 2018-10-15 15:46 | Report Abuse

Victor Yong > Oct 15, 2018 03:45 PM | Report Abuse

mrt 2 cannot be cancelled, already started ,about 40% completed... compensation will make the country bankrupt if cancelled :)
==========


don't worry....Tony Pua and LGE very smart people.

Faiz Zanos

132 posts

Posted by Faiz Zanos > 2018-10-15 15:48 | Report Abuse

Does anyone know when will they announce it

qqq3

13,202 posts

Posted by qqq3 > 2018-10-15 15:48 | Report Abuse

Gamuda wanted to play hard ball....but actually, they should just take whatever is on the table.

Godiva

184 posts

Posted by Godiva > 2018-10-15 15:48 | Report Abuse

Dun blindly folo n listen wad ph say.. analyse them and think logically..dun b a blind follower

qqq3

13,202 posts

Posted by qqq3 > 2018-10-15 15:49 | Report Abuse

u think Gamuda Lin want to be called up by MACC meh?

Godiva

184 posts

Posted by Godiva > 2018-10-15 15:54 | Report Abuse

Tony pua and lge not so wise.. still behave like opposition

Anti_debt

224 posts

Posted by Anti_debt > 2018-10-15 15:59 | Report Abuse

CGT, inheritance tax cannot how to cut debts if not from railway projects cut?

Anti_debt

224 posts

Posted by Anti_debt > 2018-10-15 16:00 | Report Abuse

Tun M 3rd national car why still need railways?

TrippleZ

1,563 posts

Posted by TrippleZ > 2018-10-15 16:00 | Report Abuse

Teemination of contract involved complicated legal terms. If gamuda bring this to court, it can takes years before retendering can be done.

qqq3

13,202 posts

Posted by qqq3 > 2018-10-15 16:00 | Report Abuse

godiva.....so fast judge people meh? give them 5 years.....

ps...they got more information than u do.....

government policy...its also about main street vs wall street....

https://klse.i3investor.com/blogs/qqq3/178101.jsp

Anti_debt

224 posts

Posted by Anti_debt > 2018-10-15 16:01 | Report Abuse

Gamuda is BN crony why must take care?

qqq3

13,202 posts

Posted by qqq3 > 2018-10-15 16:03 | Report Abuse

Posted by Anti_debt > Oct 15, 2018 04:01 PM | Report Abuse

Gamuda is BN crony why must take care?
==============

agreed

Posted by shortinvestor77 > 2018-10-15 16:05 | Report Abuse

It is GOV crony.

Posted by shortinvestor77 > 2018-10-15 16:05 | Report Abuse

Regardless of parties.

icecool

5,033 posts

Posted by icecool > 2018-10-15 16:05 | Report Abuse

gamuda may get back the contract but need to cut allot cost, CGT, inheritance tax can be replace by the stamp duty 30% for foreign property buyer, if they can buy million dollar home then 30% stamp duty is nothing, the government can also implement digital tax for online shopping by putting a 30% tax at the payment gateway

qqq3

13,202 posts

Posted by qqq3 > 2018-10-15 16:06 | Report Abuse

shareholders of Gamuda are also Malaysian citizens....citizen got 30 million.....shareholders how many?

jiunn

866 posts

Posted by jiunn > 2018-10-15 16:06 | Report Abuse

Lai Liao......to close up today 250......

Faiz Zanos

132 posts

Posted by Faiz Zanos > 2018-10-15 16:10 | Report Abuse

Hope can break day high

beinvested

2,445 posts

Posted by beinvested > 2018-10-15 16:12 | Report Abuse

RM2.44 now , got a bit of roadblock at RM2.45

Posted by antipondan8 > 2018-10-15 16:12 | Report Abuse

Why list 920 ctrs if govn take care Gamuda only?

speakup

27,019 posts

Posted by speakup > 2018-10-15 16:13 | Report Abuse

LGE & cronies laughing to the bank! Greed knows no boundary.
INI KALILAH!!!!! BUTA MONEY FROM LGE!!!

Faiz Zanos

132 posts

Posted by Faiz Zanos > 2018-10-15 16:13 | Report Abuse

beinvested yeah hope it breaks

speakup

27,019 posts

Posted by speakup > 2018-10-15 16:14 | Report Abuse

GAMUDA 2.45!!!!
REBUUUUUTTTTTTTTTTTTTTT!!!!!!!!!!!!!! INI KALILAH!!!!

speakup

27,019 posts

Posted by speakup > 2018-10-15 16:17 | Report Abuse

DONT MISS THE GAMUDA BOAT!!!!
FM LGE KASI FREE MONEY $$$$..... LU AMBIK JE!!!! INI KALILAH!!!!

Victor Yong

8,271 posts

Posted by Victor Yong > 2018-10-15 16:19 | Report Abuse

today or tomorrow, >2.5 :)

speakup

27,019 posts

Posted by speakup > 2018-10-15 16:21 | Report Abuse

WITH LGE GORENG GAMUDA, YOU CAN BET ON IT!
BUTA FREE MONEY $$$$$ COME!!!!! INI KALILAH!!!!

speakup

27,019 posts

Posted by speakup > 2018-10-15 16:23 | Report Abuse

IF LGE WANT TO COLLECT MAYBANK ALSO VERY SIMPLE, JUST SAY SOMETHING BAD ABOUT MAYBANK, THEN IT DROP LIKE SHIT FOR LGE TO COLLECT KAU KAU. AFTER COLLECT KAU KAU, SAY GOOD THING, AND GORENG IT BACK UP. EASY MONEY $$$$$

titus

4,159 posts

Posted by titus > 2018-10-15 16:25 | Report Abuse

just hold onto it until our saudara LGE open his mouth again. when there is no news, sometimes is a good news......lol

speakup

27,019 posts

Posted by speakup > 2018-10-15 16:25 | Report Abuse

GAMUDA 2.45!!!!!
THOSE WHO LISTEN TO SPEAKUP & BOUGHT 2.40 NOW ALL LAUGHING TO BANK!!!! LGE GORENG.....U BUY!!!!!

jiunn

866 posts

Posted by jiunn > 2018-10-15 16:26 | Report Abuse

LGE to announce a new TAXES.....we sama sama collect cheap cheap shares !!!

speakup

27,019 posts

Posted by speakup > 2018-10-15 16:27 | Report Abuse

LGE CAN NOW UPGRADE HIS "UNDERVALUED" PITHORN PENANG BUNGALOW TO MANSION IN BUKIT DAMANSARA.

speakup

27,019 posts

Posted by speakup > 2018-10-15 16:29 | Report Abuse

BUT LGE IS SMART, HE WONT SHOW, HE WILL HIDE ALL HIS WEALTH (UNLIKE SHOW-OFF NAJIB)

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