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no more projects will be rewarded to Gamuda. they already bags so many not sure able to deliver on time. all good news have out. fund managers gonna take profit. you know I know hahaha
U think a huge company like Gamuda take project without planning or thinking it can deliver or not before accepting ?? This isn’t some hanky panky company doing job like children … they r the elite in Malaysia construction development …. Right now is just profit taking due CNY closure and trump Inauguration ….
200% increased in price. all future earnings being factored into the share price now. this is exactly what happen during glove era. all push by insti and wait retailers to absorb it at higher price
Lol why would I buy a construction company in Msia at PE30 which is quite geared. I would be better off buying TSMC (PE27), Google (PE25), Microsoft (PE34) which offer better stability and growth. Gamuda is probably much overvalued.