GAMUDA BHD

KLSE (MYR): GAMUDA (5398)

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Last Price

8.85

Today's Change

+0.15 (1.72%)

Day's Change

8.70 - 8.85

Trading Volume

5,333,800


6 people like this.

17,493 comment(s). Last comment by DreamCommander 1 hour ago

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-05-25 11:20 | Report Abuse

Hope can collect more cheap tickets.

Mabel

24,148 posts

Posted by Mabel > 2022-05-25 13:51 | Report Abuse

All Good News..

klna75

51 posts

Posted by klna75 > 2022-05-25 21:46 | Report Abuse

mabel, what is the good new?

Icon 888

2,301 posts

Posted by Icon 888 > 2022-05-26 02:49 |

Post removed.Why?

troy88

3,013 posts

Posted by troy88 > 2022-05-27 10:26 | Report Abuse

Gamuda stock always ding dong. When it's on sale it's a good buy coz it always rebounds later..

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-05-27 14:13 | Report Abuse

Coming liao...

Riaz1954

1,321 posts

Posted by Riaz1954 > 2022-06-08 15:47 | Report Abuse

Sale should have been completed! We should soon get to know how much is set aside for special div…I reckon 20-30 cents per share is a possibility! Giving it a current value around 3.84.

Mabel

24,148 posts

Posted by Mabel > 2022-06-08 18:55 | Report Abuse

#klna75 mabel, what is the good new?
25/05/2022 9:46 PM

Lots of Good News...Special Dividend Cumming..

https://www.mymrt.com.my/wp-content/uploads/2022/05/MRT-Corp-MRT3-CMC-EN.pdf

Lots of MRT Projects coming up for Mabel’s King of Construction, Gamuda. Beside the above upcoming Projects. Here are the current engagements

EIGHT companies have put in separate proposals to the government for a flood mitigation project in flood-prone areas located in the west of the Klang Valley. The project cost under the various proposals is said to range between RM5 billion and RM15 billion between 2023 and 2030. This is a big step up from the RM1 billion that had been set aside for mitigation projects under the 12th Malaysia Plan. The unprecedented floods that took place in Selangor last December and in early January resulted in total losses of about RM3.1 billion.

The eight proposals that were sent in directly to the Prime Minister’s Office include some big names in the construction industry such as Gamuda Bhd, IJM Corp Bhd and Malaysian Resources Corp Bhd (MRCB). Gamuda is familiar with flood mitigation projects, as it built the 10km Stormwater Management and Road Tunnel (SMART Tunnel) in Kuala Lumpur together with its partner MMC Corp Bhd in 2007 for about RM2 billion.

For this project, which it has dubbed the SMART2 Tunnel, Gamuda has proposed a 22km underground tunnel that includes tributaries, interceptor channels and a pumping system that pumps floodwaters into the sea. Its proposal also includes river improvement works that will increase the capacity of Sungai Klang by 10%. The flood mitigation project proposed by Gamuda will be done in two phases and cover the flood-prone areas of Taman Sri Muda, Shah Alam, Setia Alam, Bandar Klang and Taman Sentosa.

The proceeds amounting to RM5.48 billion from the recent proposed divestment of all four of Gamuda’s highways to Amanat Lebuhraya Rakyat Bhd (ALR) will come in handy for the company. The divestment will result in an equity value of RM2.33 billion for Gamuda. The concession holding companies — Kesas Holdings Bhd (KESAS), Sistem Penyuraian Trafik KL Barat Holdings Sdn Bhd (SPRINT), Lingkaran Trans Kota Holdings Bhd (LITRAK) and Projek Smart Holdings Sdn Bhd (SMART) — are expected to start separate negotiations with ALR to finalise the terms and conditions of the respective definitive agreements for the disposals. Once the Sale is completed! The shareholders will be rewarded with a Special Dividend -20 to 30 sen per shares is possible..

Mabel

24,148 posts

Posted by Mabel > 2022-06-08 18:56 | Report Abuse

Thank you riffin, Sharefisher and Riaz!

Meow Meow Meow

Icon 888

2,301 posts

Posted by Icon 888 > 2022-06-09 04:09 | Report Abuse

Go go go

Mabel

24,148 posts

Posted by Mabel > 2022-06-09 09:21 | Report Abuse

T&C of SSPAs finalised for highway concessions sale

ALR and each Concession Holding Company had, on 7 Jun, finalised the terms and conditions (T&C) of the share sale and purchase agreements (SSPA) to be executed upon fulfilment of all conditions set out, including shareholders approvals. Deal completion is targeted for 30 Jun, and Gamuda has earmarked MYR1b of the MYR2.35b proceeds for capital management activities, including a special dividend to shareholders. We make no change to our earnings forecasts and MYR4.28 RNAV-TP.

Hemsley

341 posts

Posted by Hemsley > 2022-06-09 13:41 | Report Abuse

Drop pula.

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-06-09 14:05 | Report Abuse

Steady... Construction will be coming soon.... Now struck by materials cost up and labour shortage..... When these problems cool down....buying interest will be coming... Hold tight tight first.

Titanium

4,159 posts

Posted by Titanium > 2022-06-09 14:33 | Report Abuse

earmarked 1B for capital management & special dividend? Ini macam minimum must have 35c la. If not, no justice. 35c is about 10% DY loh...better still is can give 38c. sure huat .....

klna75

51 posts

Posted by klna75 > 2022-06-09 15:13 | Report Abuse

thank you mabel for updating information

hali

34 posts

Posted by hali > 2022-06-16 10:26 | Report Abuse

collecting...

Trader1188

251 posts

Posted by Trader1188 > 2022-06-17 11:23 | Report Abuse

Heard that Gamuda is about to secure something big Down South. Is anyone here can shed some info?

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-06-17 12:50 | Report Abuse

KLCI drops so much also no chance collect more cheap tickets. Hmmmm...

Trader1188

251 posts

Posted by Trader1188 > 2022-06-17 13:47 | Report Abuse

@Sharefisher, Gamuda fundamental is strong and just secured a big project in Australia lately. Nett cash position after divest of highways, potential to secure more projects. Who wants to sell cheap? Hahaha

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-06-17 15:59 | Report Abuse

See got any panic seller or not... Haha ha..

Mabel

24,148 posts

Posted by Mabel > 2022-06-17 22:06 | Report Abuse

Today Gamuda is one of the big mover In Bursa.Very Safe Company..

Riaz1954

1,321 posts

Posted by Riaz1954 > 2022-06-18 23:31 | Report Abuse

EPF buying ahead of the results as well as more clarity on special div. Further contract win announcement is due from Australia….get special div of 35 cents and reinvest half in shares!

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-06-20 08:55 | Report Abuse

Hope no Bursa famous action, share price drops when good news out.... Haha ha...

Trader1188

251 posts

Posted by Trader1188 > 2022-06-20 09:49 | Report Abuse

Gamuda is getting stronger by the footing… another RM2 bil contract wins. Soon ppl will look back at this price and say it’s cheap….

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-06-20 10:12 | Report Abuse

Hmmmmm.. 10 cents drop...

Trader1188

251 posts

Posted by Trader1188 > 2022-06-20 14:36 | Report Abuse

@Sharefisher, u wish come true! Many sellers want to sell cheap

warrenG

374 posts

Posted by warrenG > 2022-06-20 17:12 | Report Abuse

Only in Malaysia, price dropped when good news because all sharks are insider trading. Only retailer aka bilis cannot do insider trading

Icon 888

2,301 posts

Posted by Icon 888 > 2022-06-20 20:42 |

Post removed.Why?

Mabel

24,148 posts

Posted by Mabel > 2022-06-21 10:31 | Report Abuse

More Good New Guys..

Mabel Gamudas 2nd Australia project win - main package for the Coffs Harbour Bypass has lifted its outstanding orderbook to MYR12.5b, based on its 50% stake in the JV which won the project (worth AUD1.35b) and its MYR10.4b outstanding orderbook as of early-Mar 2022. This latest win brings Gamuda closer to its MYR20b E&C orderbook target by mid-2023.

To Our Success !

Meow Meow Meow

ky75

164 posts

Posted by ky75 > 2022-06-21 11:00 | Report Abuse

Yup....more good news will come....buy now when the price is low....

Riaz1954

1,321 posts

Posted by Riaz1954 > 2022-06-21 14:16 | Report Abuse

Gamuda is good value, shows it’s capability by winning off shore contracts in a competitive market. Deserves much higher rating ….it will happen matter of time. Meanwhile investors can get income from dividend and wait for new contracts …

Hemsley

341 posts

Posted by Hemsley > 2022-06-22 10:01 | Report Abuse

After Gamuda sold the highways and distributed the special dividend, will the share price adjusted to lower accordingly? Example, special dividend 35 cents, so share price will be adjusted to 3.15 (3.50 - 0.35). Or because after selling the highways, revenue and profit will be reduced in future so the price will drop even lower, maybe below 3?

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-06-22 17:13 | Report Abuse

Big push big drop..... Not a good time to collect.... Wait for cheap sales....

klna75

51 posts

Posted by klna75 > 2022-06-24 19:28 | Report Abuse

wondering when dividend will pay

Riaz1954

1,321 posts

Posted by Riaz1954 > 2022-06-24 21:35 | Report Abuse

After distribution the share price will adjust by the amount distributed, however after it should being in to go up as Gamuda wins new contracts which will replace the revenue lost from sale of concession. The revenues from concession were fixed so in principle taking into account inflation it is better to sell a fixed fee business and use the monies to invest in winning other projects.

Mabel

24,148 posts

Posted by Mabel > 2022-06-26 18:20 | Report Abuse

More Good News Guys from our King of Construction !

Gamuda wishes to announce that the Coffs Harbour Bypass road construction project has been awarded by the Transport for New South Wales


(https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3269004)

Meow

matklse

385 posts

Posted by matklse > 2022-06-27 18:35 | Report Abuse

GG, today we witness SABAH MOVE, gormen collap coming, or new eleksion? TP 2.20

Riaz1954

1,321 posts

Posted by Riaz1954 > 2022-06-27 18:50 | Report Abuse

Forum amazes me …..with all rubbish being spoken ..on many counters!

tts752

132 posts

Posted by tts752 > 2022-06-29 16:28 | Report Abuse

Tomorrow Air Selangor will announce the winner of Sg Rasau Water Treatment Plant project

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-06-29 17:08 | Report Abuse

Hold tight tight.....

Riaz1954

1,321 posts

Posted by Riaz1954 > 2022-06-29 19:43 | Report Abuse

Good set of 3rd QTR results…..slightly better than expectations. Recovery post covid is well established.

tts752

132 posts

Posted by tts752 > 2022-06-30 09:54 | Report Abuse

https://www.airselangor.com/about-us/rasauproject/
Hopefully Gamuda will secure this Multi Billion project today!!!

ky75

164 posts

Posted by ky75 > 2022-06-30 11:26 | Report Abuse

I heard that Gamuda have a high chance to get this job...if happen the price will further escalate.

tts752

132 posts

Posted by tts752 > 2022-06-30 14:11 | Report Abuse

I heard Gamuda tender price is the lowest among other bidders.

klna75

51 posts

Posted by klna75 > 2022-06-30 14:47 | Report Abuse

the dividend is coming 6sen. anyone know how to calculate if have 1 lot?

ky75

164 posts

Posted by ky75 > 2022-06-30 15:06 | Report Abuse

@tts752 if lowest, no doubt gamuda will secure the contract. We will know by tomorrow.

Phoebe

455 posts

Posted by Phoebe > 2022-06-30 15:36 | Report Abuse

@kina75, your 1 lot is 100 unit or 1000units?
If 100 unit = RM 6
if 1000 units = RM 60

klna75

51 posts

Posted by klna75 > 2022-06-30 16:33 | Report Abuse

@Phoebe tq

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