Posted by Mabel > 1 week ago | Report Abuse

As of the latest updates, Gamuda is still in the running for the Kuala Lumpur-Singapore High-Speed Rail (HSR) project. They have partnered with Malaysian Resources Corp Bhd (MRCB) to jointly bid for the role of Project Delivery Partner (PDP) for the HSR infrastructure construction on the Malaysian side.

https://theedgemalaysia.com/article/gamuda-mrcb-joint-bid-hsr-job-positive-surprise

Posted by Kikilala3188 > 1 week ago | Report Abuse

Gamuda no more involvement in HSR, they withdrew in 2018

Posted by pjflower > 4 days 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Last year, Gamuda has withdrawn their intention to make proposal to government & MRCB is now JV with Berjaya Group, KTM & IJM, etc.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 ).

Posted by yeinemesis > 4 days ago | Report Abuse

https://www.nst.com.my/business/corporate/2024/09/1111242/gamudas-net-profit-drops-rm91213mil-revenue-rises-rm1334bil

Posted by rengit_river > 4 days ago | Report Abuse

Impressive result! https://gamuda.listedcompany.com/financial_information.html/year/2023

Posted by rengit_river > 4 days ago | Report Abuse

Gamuda Rewards Shareholders with Bonus Issue. Record-Breaking Performance

Excluding the discontinued highway operations, core net earnings grew 12% to a record-breaking RM912 million from last year's RM815 million on the back of higher overseas construction earnings and stronger domestic property earnings and margins

Posted by AllIsVanity > 4 days ago | Report Abuse

Buy 1 free 1? Sure or not?

Posted by minichart > 3 days ago | Report Abuse

FY24 Financial Performance
For 4QFY24, Gamuda reported impressive earnings growth, although it slightly missed market expectations. The company remains on track to deliver even better growth in FY25, thanks to strong order book visibility. Despite the slight underperformance, the company’s fundamentals and future prospects remain strong, driven by ongoing projects and an expanding pipeline.

Strong Order Book
Gamuda has a solid order book that provides strong visibility into its future growth. The company’s order book is expected to support earnings growth in FY25 and beyond. As of the report date, Gamuda has secured projects that are expected to contribute to sustained revenue generation and profitability. This positions the company to capitalize on ongoing and upcoming infrastructure developments in Malaysia and the region.

https://www.minichart.com.sg/2024/09/26/gamudas-strong-orderbook-fuels-optimistic-growth-outlook-for-fy25/

Thank you

Posted by kancs3118 > 3 days ago | Report Abuse

"We are positive on this development as we think that the bonus issue will enhance the liquidity of its share, thereby making it more appealing to a wider base of shareholders," Public Investment Bank Bhd (PIVB) said in a note.

Posted by kancs3118 > 3 days ago | Report Abuse

The 1:1 bonus issue timed to coincide with Gamuda's entry into the top30 Bursa component stocks. It is designed to increase both the liquidity and depth of the shares...making it more appealing to a wide base of shareholders

Posted by kancs3118 > 3 days ago | Report Abuse

Meaning big funds, retail investors , professional retail investors, degenerates like myself who seems to find this stock affordable and increase likelihood of goreng

Posted by kancs3118 > 3 days ago | Report Abuse

Increase momentum of the stock ..so,let say RM10 TP price...if from RM8 to RM10, have to increase by RM2 ....

Easier if the stock is RM4 to RM5...just RM1K to reach TP price...good for goreng

Posted by pjflower > 3 days 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.

Posted by ChloeTai > 3 days ago | Report Abuse

Who is dumping?

Posted by kancs3118 > 3 days ago | Report Abuse

this stock, once it replaced Genting inside FTSE 30 - will be in the radar of those deep pocket funds/ institutions. With the bonus issue - the shares appear cheaper and with deeper liquidity, more funds can participate and buy up the shares. Thus increasing the share price momentum.

Also, it will attract degenerates like myself - to buy more of the shares and create trading momentum. By right - in theory - bonus issue will not affect share price momentum but in practise - it does. especially given that gamuda is on a growth path.

Posted by PureBULL ... > 3 days ago | Report Abuse

GAMUDA
is fast becoming a construction power house.
it can do DC n now Wind RE.
these 2 brand new gigantic biz = forever growing biz at high speed = chia.boey.leow betul.betul to the future:

https://www.tradingview.com/x/roL7jbZh/
https://theedgemalaysia.com/node/728222

Posted by DreamCommander > 2 days ago | Report Abuse

Gamuda gets A$243 mil Australian wind farm construction contract
Syafiqah Salim/theedgemalaysia.com
27 Sep 2024, 01:08 pm
Updated - 02:48 pm

https://theedgemalaysia.com/node/728222

Posted by minichart > 21 hours ago | Report Abuse

https://www.minichart.com.sg/2024/09/30/gamuda-secures-major-wind-farm-project-strengthening-global-expansion-strategy/

Gamuda recently secured a significant win with the DTI (Department of Transport and Infrastructure) for a wind farm project in Australia. This project, valued at approximately RM702 million, marks a key diversification move for the company as it expands beyond its core rail-based projects in New South Wales (NSW).

The wind farm project helps Gamuda move closer to achieving its target of RM30 billion to RM35 billion in orderbook by the end of CY24F (Calendar Year 2024 Forecast). The company has a longer-term goal of reaching an orderbook of RM40 billion to RM45 billion by the end of CY25F.

Thank you

Posted by KingKKK > 16 hours ago | Report Abuse

FBMKLCI Shake-Up in Q3: Sector WINNERS and LOSERS - YTLPOWER, MAYBANK, YTL, HARTA, TOPGLOV, CIMB, GAMUDA

https://klse.i3investor.com/web/blog/detail/bestStocks/2024-09-29-story-h470135190-FBMKLCI_Shake_Up_in_Q3_Sector_WINNERS_and_LOSERS