Posted by akubudakpontianak > 2021-10-15 16:53 | Report Abuse

Hold for Mid term..

Posted by akubudakpontianak > 2021-10-15 16:56 | Report Abuse

Property already moved
Plantation already moved
Iron already moved
Technology already moved
Bank already moved
Only construction sector still lagging behind.
Undervalued already

Posted by akubudakpontianak > 2021-10-15 16:57 | Report Abuse

Government 2022 budget is coming soon...

Posted by Riaz1954 > 2021-10-15 17:42 | Report Abuse

Definitely construction will re rate as economy restarts and construction projects are significant part of the economy. I am expecting good performance in 2022

Posted by Sharefisher > 2021-10-15 20:13 | Report Abuse

Don't forget who is on the driver seat now.... Umno know best how to to push economy with construction.... Hold tight tight.

Posted by fairyz > 2021-10-16 01:50 | Report Abuse

Seems got double bottom recently, nice recovery


Let's see if the new budget got further clarification for big infra projects.....



So next target 3.5x and 4.00 perhaps?

Posted by jonathan_k > 2021-10-18 14:10 | Report Abuse

MRT3 or not. Gamuda prospect still looking good ahead. Waiting budget 2022 hoho

Posted by investortrader88 > 2021-10-18 22:34 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/10/18/gamuda-unit-acquires-binh-duong-land-for-development-project

Posted by Gash19 > 2021-10-21 16:04 | Report Abuse

Share price hard to move

Posted by ronniedem > 2021-10-21 16:31 | Report Abuse

hard to go up, easy to go down

Posted by OnTime > 2021-10-22 08:32 | Report Abuse

Gamuda, good to own

Posted by SHOB > 2021-10-22 18:56 | Report Abuse

esos

Posted by BursaRangers > 2021-10-26 20:52 | Report Abuse

https://klse.i3investor.com/blogs/BursaRangersTechnicalPicks/2021-10-26-story-h1592891903-BursaRangers_Daily_Technical_Picks_27_October_2021.jsp

Posted by akubudakpontianak > 2021-10-27 17:01 | Report Abuse

Construction head....
I will keep accumulate...
One country economic growth must depend on construction

Posted by akubudakpontianak > 2021-10-27 17:03 | Report Abuse

Many people say this year Malaysia cut budget..
Please laa.. gamuda alot of business on overseas.. still growing fast...

Posted by akubudakpontianak > 2021-10-27 17:04 | Report Abuse

Vietnam... Australia... Singapore....

Posted by akubudakpontianak > 2021-10-27 17:05 | Report Abuse

Don't forget... now is umno government..
Construction very important to help Malaysia economic growth

Posted by Sharefisher > 2021-10-29 07:44 | Report Abuse

Agree.. Umno is the best in pushing construction to roll the economy.

Posted by WenJun > 2021-10-29 07:57 | Report Abuse

Backtest of the neckline of inverted head and shoulder is complete. It’s also sitting on the critical point of volume profile, my short term target is 3.5 and if it hits it, the next target is 4.

Posted by SHOB > 2021-10-29 08:51 | Report Abuse

watch out for today budget

Posted by investortrader88 > 2021-10-29 14:02 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/10/29/schneider-electric-malaysia-signs-mou-with-gamuda-engineering

Posted by WenJun > 2021-10-31 21:57 | Report Abuse

Gamuda

ADD, TP RM3.88

Gamuda is potentially a big beneficiary of MRT 3. Its share price has been lagging behind big caps under our coverage. Also, its foreign shareholding was at a low of 13% in Jul, down from 21% at the start of 2021. At CY21F P/BV of 0.9x, the stock is trading below its 5-year historical mean P/BV of 1.2x. Key potential catalysts: 1) MRT 3 reactivation, and 2) recovery in foreign shareholdings.

31 October 2021
CGS-CIMB

Posted by WenJun > 2021-11-01 11:33 | Report Abuse

Thanks Tengku Zafrul

Posted by ronniedem > 2021-11-01 13:15 | Report Abuse

Thanks to PN , KLSE is really MAKMUR

Posted by jolynce > 2021-11-01 14:02 | Report Abuse

Construction sector showing their displeasure with Budget 2022.

Posted by Lamshuntee > 2021-11-01 14:36 | Report Abuse

Wow. Wen Jun.
Do you have the full report from cgs Cimb about Gamuda ?

Posted by UncleFollower > 2021-11-01 14:50 | Report Abuse

That's why one should have bought CIMB shares the moment Tengku Zafrul was removed as CEO

Posted by pjflower > 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

Posted by pjflower > 2021-11-23 10:15 | Report Abuse

Is in March 2022, hopefully.

Posted by WenJun > 2021-11-29 19:59 | Report Abuse

Potential MRT3 and HSR revival? The current price is worth keeping for long term

Posted by Dakewlest > 2021-12-08 19:45 | Report Abuse

Hopefully announce dividend in Dec 2021.

Posted by investortrader88 > 2021-12-10 18:02 | Report Abuse

https://www.theedgemarkets.com/article/mmc-gamudas-response-tony-puas-media-statement-dec-8-2021

Posted by investortrader88 > 2021-12-10 18:03 | Report Abuse

Keep it up Gamuda.im with you guys !

Posted by ks55 > 2021-12-13 15:24 | Report Abuse

If anything mentioned by Tony Pua is libellous and jeopardize reputation of Gamuda, don't feel shy to take this Tony Pua to court. Ask him to pay 5% of rm 8.82 billion as compensation.

Posted by pjflower > 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.

Posted by bobvic96 > 2021-12-21 23:19 | Report Abuse

https://www.theedgemarkets.com/article/gamuda-1q-net-profit-down-29-qoq-rm152-mil-declares-six-sen-dividend

Gamuda 1Q net profit down 29% q-o-q to RM152 mil; declares six sen dividend
Syafiqah Salim

December 21, 2021 19:19 pm +08


KUALA LUMPUR (Dec 21): Gamuda Bhd’s net profit for the first quarter ended Oct 31, 2021 (1QFY22) fell 28.83% quarter-on-quarter (q-o-q) to RM152.37 million from RM214.08 million amid lower overseas property earnings, citing that ‘Vietnam was in lockdown’ for the quarter under review.

This resulted in lower earnings per share of 6.06 sen in 1QFY22 compared with 8.52 sen in 4QFY21, the construction group’s filing on Tuesday (Dec 21) showed.

Gamuda’s quarterly revenue also decreased by 15.74% to RM747.11 million from RM886.67 million in the immediate preceding quarter.

The group declared an interim dividend of six sen per share for the financial year ending July 31, 2022, with the entitlement date will be announced later.

On a yearly basis, the group’s net profit climbed 38.15% from RM110.3 million despite revenue declining slightly by 2.2% from RM763.95 million. Gamuda attributed the strong year-on-year earnings from all its divisions as work on all fronts continued to pick up the pace.

It said property sales improved 25% with RM838 million worth of properties sold in 1QFY22, from RM673 million in the same period last year.

“Overseas sales continued to spearhead the group’s property divisions, contributing two-thirds of overall sales. While at the local front, Gamuda Gardens and Gamuda Cove sales have doubled in volume,” it noted.

Gamuda anticipated that 2022’s performance will be driven by overseas and local property sales, as well as the continued progress of MRT Putrajaya Line (formerly called MRT Line 2).

“Moving forward, the resilience of the group is underpinned by its construction order book of RM3.8 billion and unbilled property sales totalling RM4.9 billion.

“On top of that, the group has a healthy balance sheet with low gearing of 0.2 times and a strong cash position,” it added.

Gamuda closed four sen or 1.39% higher at RM2.92, with some 763,400 shares traded. Based on its closing price, the stock was valued at RM7.34 billion. It has fallen 21.72% year-to-date.

Posted by okasanboleh > 2022-01-07 11:09 | Report Abuse

end of last year 2021, a bunch of old junks in the company retired. now young fella in-charge. pity those senior fella that worked so hard in the past aiming for the position but taken by a young guy. hopefully that young bull does not make silly big mistake, goes and challenge lions in the jungle.

why need a young fella to lead? this is not a company that need very young & creative mind to lead. leadership & experience from senior people are much more important. construction is not much other than copy & paste works with little value added thing like value engineering, new construction method ( copy & paste from others ). the main effort is to manage it wisely with experience.

Posted by pjflower > 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.

Posted by Trading2U > 2022-01-13 11:17 | Report Abuse

uptrend. time to add more =)

Posted by masterus > 2022-01-13 14:50 | Report Abuse

Print more usd, inflation 6.8%. Print more, inflation 7%. Print many many usd, inflation 9%,10%.......%
How to settle the debt? Borrow new debt to pay old debt.

Posted by masterus > 2022-01-13 14:53 | Report Abuse

U.S. Inflation Hit 7% in December, Fastest Pace Since 1982
Consumer price rise exceeded 6% year over year for third straight month

Posted by ahbah > 2022-01-13 14:55 | Report Abuse

US economy is too hot ?

Need to hike interest rate to cool it down little bit ?

Posted by kevinobc > 2022-01-13 16:29 | Report Abuse

https://www.thestar.com.my/news/nation/2022/01/13/largest-ever-tunnel-boring-machines-in-sea-for-genting-ecrl-project-says-dr-wee

Posted by Geek2020 > 2022-01-17 17:00 | Report Abuse

Consolidation mode. Uptrend very soon

Posted by pjflower > 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.

Posted by uncensored > 2022-01-18 15:54 | Report Abuse

Fragile steel bars/Tofu-dreg project in China/Shaky building/Collapsing buildings/Poor quality

This is the steel bar used in the construction of a building in China. Its fragility is disturbing. In China, it’s everyone's dream to own their own home. China's real estate industry is arguably the largest in the world. The majority of Chinese people's savings are invested in their homes. But the quality of China's housing construction has always been a concern for buyers and residents alike. The Chinese refer to buildings that are of poor quality or even have serious safety problems as tofu-dreg projects.
These are just some of the tofu-dreg projects in China so far this year. The term "tofu-dreg" was first coined by former Chinese Premier Zhu Rongji. After he inspected the collapse of floodwalls in a southern city in 1998, the Premier angrily criticized it as a "tofu-dreg project" when asked about the cause of the failure. Since then, the term "tofu-dreg construction" has appeared frequently in all major Chinese media and has gradually become well known.
More than two decades later, the collapse of "tofu-dreg" projects in China has not disappeared or decreased. Instead, it has become more frequent. It keeps repeating itself and eventually becomes a characteristic of China that is known by the world

https://www.youtube.com/watch?v=s-2DtL-Wjkc

Posted by Geek2020 > 2022-01-20 18:51 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/12/23/gamuda-set-for-improved-profits

Posted by Marigold123 > 2022-01-21 11:25 | Report Abuse

get ready for mega projects

Posted by Geek2020 > 2022-01-22 22:07 | Report Abuse

HSR to take off right after snap polls in Johor??

Posted by Sharefisher > 2022-01-26 15:31 | Report Abuse

Pick up a bit more.