Posted by alenac > 2023-02-10 16:04 | Report Abuse

Ambrin as Chairman heard what he said in the 1MDB trial, he won't be effective in checks and balances.

Posted by Sharefisher > 2023-02-22 15:43 | Report Abuse

Very good......

Posted by Tannlee > 2023-02-22 16:58 | Report Abuse

something is brewing have they won some major project... Penang PSI??!

Posted by speakup > 2023-02-23 09:49 | Report Abuse

all the money from sale of litrak moved from malaysia to australia
sad. malaysia outflow money to australia.

Posted by wallstreetrookieNEW > 2023-02-23 10:00 | Report Abuse

Expansion into global market will definitely help improve their profits

Posted by wallstreetrookieNEW > 2023-02-23 10:00 | Report Abuse

Very good

Posted by wallstreetrookieNEW > 2023-02-23 10:00 | Report Abuse

Back to 2008 highs

Posted by wallstreetrookieNEW > 2023-02-23 10:00 | Report Abuse

Construction industry will continue to do well

Posted by troy88 > 2023-02-23 10:45 | Report Abuse

I already said it many times. Gamuda is resilient!

Posted by MichelleNg > 2023-02-23 11:28 | Report Abuse

Wau...its like MRT3 for Gamuda? Before Budgets already rocket up

Posted by MichelleNg > 2023-02-23 11:48 | Report Abuse

Above RM5 coming???

Posted by Sharefisher > 2023-02-23 13:35 | Report Abuse

Earning AUD is better than earning RM. Very good.

Posted by kokchengkai > 2023-02-23 14:08 | Report Abuse

during tis period ,Anwar government mayb need local comsumer & infranstructure construction project to boost country GDP .tomorow budget mayb more concenstrate on local comsumer and infranstructure

Posted by kokchengkai > 2023-02-23 14:10 | Report Abuse

gamuda looklike weight down their concenstration in local busines,put more effort in oversea investment ..too depends on malaysia government project not a good idea for long term ..up and down like myeg jst make foreign investor feel scare to invest in it

Posted by Abba84 > 2023-02-23 16:53 | Report Abuse

Wat happened? Drops kaw2..in afternoon..cnt hold mrnng ,big gain!!

Posted by MichelleNg > 2023-02-23 17:05 | Report Abuse

Tomorrow budget 2023. Most likely no much money to spend. Big players profit taking and waiting for tomorrow or monday

Posted by Sharefisher > 2023-02-23 19:31 | Report Abuse

Never mind, slow slow up, no problem for me...

Posted by CUTLOST > 2023-02-23 19:59 | Report Abuse

Thanks Gamuda..1 year holding power finally get rewarded

Posted by I_like_dividend > 2023-02-24 11:04 | Report Abuse

Fry because of PSR or HSR? Govn not say no money?

Posted by chopstick > 2023-02-25 19:14 | Report Abuse

is going to be a very big mistake to invest in australia.

Posted by speakup > 2023-02-25 20:23 | Report Abuse

Y? Earn Aussie dollar good mah

Posted by SinGor > 2023-02-26 14:31 | Report Abuse

Gamuda is a Sell based on lousy Anwar Budget. If Gamuda donT get job outside Malaysia, price will surely
goes down month by month until Jan 2024( next budget)...Every Existing project are subjected to Fat Trimming
How to make money?

Posted by speakup > 2023-02-26 15:25 | Report Abuse

Local construction sector is dead mah, so Gamuda go Australia is good move.

Posted by speakup > 2023-02-26 15:29 | Report Abuse

Only hope Gamuda won't end up like Mudajaya, Zelan & LCL.
Mudajaya go India => die
Zelan go Middle East => die
LCL go Middle East => die

Posted by Shareview123 > 2023-02-27 10:20 | Report Abuse

Auditors for Audited accounts for financial year ended 31 Dec 2021 was KPMG.

On 11 Dec 2022 changed to Deloitte PLT Malaysia.


Based on the notes to the accounts 9

R.K.M POWERGEN PRIVATE LIMITED ( RKM) was treated as an associate company.

Based on notes 10

Non current
Fair value through profit or loss
- - shares at Group level RM 21 millions

Based on Statements of Profits or Loss

Other Income
Gains on remeasurement of other investments RM 21 millions
24/02/2023 11:47 PM
X
Shareview123 Based on press release on 15 June 2022

RKM reported 282 millions for Jan 2022 - April 2022 and
72 millions for a similar period in 2021.

So, for 4 months = 72 millions,
for 12 million months = 72 millions x 3 = 216 millions

So, may be based on advice of experts, Mudajya and Auditors agreed to recognise 10 % only,
which is RM 21 millions as reflected in the Group level of Audited Accounts for 2021.

For Jan 2022 - April 2022 = 282 millions

So, let assume for 12 months = 282 millions x 3 = 846 millions

So, be consistent, Mudajya and its Auditors may agreed again at 10 %

846 millions x 10 % = 84.6 millions, to be recognised in the group level of Audted accounts for financial year ended 31 Dec 2022.

Hopefully, they can agree on higher percentage and not just 10 % only.
25/02/2023 12:05 AM
X
Shareview123 If Mudajya and its auditors agreed to recognise at 19.4 %

So at Group level, can recognise 164 millions ( 846 x 19.4 %),
25/02/2023 12:25 AM
X
Shareview123 And may also consider to written back impairments written off or provided in previous years.
or revalue its investment in RKM.

Posted by Shareview123 > 2023-02-27 10:32 | Report Abuse

Mudajya had recognised 21 millions profits from investment in RKMPOWERGEN, India for financial year 2021 based on the Audited accounts by KPMG.
Based on Mudajya s press release dated 15 June 2022, RKMPOWERGEN INDIA has recorded
282 millions for Jan 2022 - April 2022. For the similar period in 2021, it was profits of 72 millions.
It means profits from India power plant has increased 400 %
And Mudajya largest shareholder is holding 70 %, and the owner behind is Jerry Kou from Taiwan, who owns 5 listed companies in Taiwan.

Posted by Sharefisher > 2023-02-28 15:54 | Report Abuse

https://www.theedgemarkets.com/node/655939

Posted by nicholas99 > 2023-02-28 16:54 | Report Abuse

what the hell

Posted by Mabel > 2023-03-03 22:14 | Report Abuse

#SinGor Gamuda is a Sell based on lousy Anwar Budget. If Gamuda donT get job outside Malaysia, price will surely goes down month by month until Jan 2024( next budget)...Every Existing project are subjected to Fat Trimming

How to make money?

26/02/2023 2:31 PM

Yes lah..as said earlier, local construction sector is dead. So Gamuda go Australia is good move.

Gamuda has been charming with great return..

Now overbought..

Mabel is waiting for the right signal to re-enter..

Meow

Posted by Mabel > 2023-03-06 19:31 | Report Abuse

Thank you for Selling Gamuda share today..

Mabel renter with two batches...

Meow

Posted by Mabel > 2023-03-07 12:12 | Report Abuse

Wow Gamuda so power...

Meow Meow Meow

Posted by steven rt > 2023-03-08 17:30 | Report Abuse

WOW a RM 0.10 rise just before the bell! Anything brewing?

Posted by I_like_dividend > 2023-03-08 22:17 | Report Abuse

HSR fund by Gamuda?

Posted by I_like_dividend > 2023-03-08 22:18 | Report Abuse

https://www.theedgemarkets.com/node/658301

Posted by alenac > 2023-03-09 13:13 | Report Abuse

Who dare to go in? Any private initiative will go bankrupt. Huge costs and low returns plus having to deal with 2 governments, Singapore and Malaysia. Malaysia government is unstable and fickle.
I_like_dividend
https://www.theedgemarkets.com/node/658301

14 hours ago

Posted by alenac > 2023-03-09 13:16 | Report Abuse

Wow Mad cat, now we are on the same page. Hope you dun bring in Serbak bad vibes here.
Mabel
Wow Gamuda so power...

Meow Meow Meow

2 days ago

Posted by Mabel > 2023-03-09 19:34 | Report Abuse

Haha one man poison is another woman's meat.

Serba is a cruise as far as mother shares is concern. Still holding the 2019 Free Warrant. She's part of Mabel Turnaround Distressed Malaysian Battleships.

The remaining 3 Battleships are on target while Sapnrg is still work in progress and is looking good...

Gamuda is Mabel Star Performer, King of Construction with 47% return for Mabel Visit Malaysia Program. Massive Progress Abroad!

Cheers!

Meow

Posted by Mabel > 2023-03-09 19:44 | Report Abuse

I_like_dividend HSR fund by Gamuda?
08/03/2023 10:17 PM

Why not?

Meow Meow Meow

Posted by VTrade > 2023-03-27 20:42 | Report Abuse

Gamuda buy over Deutsche bank

Posted by VTrade > 2023-03-27 20:48 | Report Abuse

From london

Posted by Income > 2023-03-28 03:37 | Report Abuse

Success

Posted by Income > 2023-03-28 06:20 | Report Abuse

GaMuda untuk orang Muda. Yahoooo blink Blink

Posted by 5354_ > 2023-03-28 09:18 | Report Abuse

Real estate(property) Gamuda invest big is good?

Posted by 5354_ > 2023-03-28 10:50 | Report Abuse

https://www.thestar.com.my/business/business-news/2023/03/28/gamuda-buys-uk-asset-for-rm14bil

Posted by Income > 2023-03-28 12:45 | Report Abuse

Accumulating

Posted by chamlo > 2023-03-30 07:10 | Report Abuse

Penang in discussions with Putrajaya to fund its Bayan Lepas LRT project
https://www.malaymail.com/news/malaysia/2023/03/30/penang-in-discussions-with-putrajaya-to-fund-its-bayan-lepas-lrt-project/61905

Posted by flatso > 2023-03-31 15:55 | Report Abuse

杀
户

Posted by Tannlee > 2023-04-12 06:44 | Report Abuse

An unusual-quiet counter like a volcano building forces & rumbling inside but serene & quiet on the outside.
Time... it will erupt when all the mega projects MRT3, PSI & HSR are awarded of which they are the front runners.

Posted by alenac > 2023-04-12 14:40 | Report Abuse

Anwar government strategy is just what Mahathir did when he was PM for the first time. During the impending economic recession launched more projects to generate more economic activity. So going to China to attract more investment is a good move in tandem with generating more economic activity. Big projects like the construction of highways, rails and large infra will make a difference in GDP of a country.
Tannlee
An unusual-quiet counter like a volcano building forces & rumbling inside but serene & quiet on the outside.
Time... it will erupt when all the mega projects MRT3, PSI & HSR are awarded of which they are the front runners.

7 hours ago

Posted by troy88 > 2023-04-12 15:57 | Report Abuse

Mr. Reliable stock of construction sector