If you are not greedy, do as you wish. Let others earn some profits too. You can always buy back on dips..

Today I sold my Gamuda at rm3.22 and still holding some. What is you guys target price? I also think this counter should do well with other new projects rolling in.

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Added on July 21, 2009, 10:09 pmSo Gamuda has accepted the 3rd offer by Selangor State Government:-


GENERAL ANNOUNCEMENT
GAMUDA BERHAD (“GAMUDA” OR “THE COMPANY”)
Third Offer to Syarikat Pengeluar Air Sungai Selangor Sdn Bhd (“SPLASH”) from the
Selangor State Government
Further to our announcement dated 16 July 2009, Gamuda wishes to announce that SPLASH has
today replied to the Selangor State Government (“SSG”) that it accepts the offer from SSG to
purchase the water-related assets and operations of SPLASH (“Transaction”) for an estimated
gross price of RM2,975 million under the terms and conditions as set out in SSG’s Third Letter of
Offer dated 15 July 2009 (“the Acceptance”). The Acceptance is also conditional upon the following
conditions: -
1. approvals from the relevant authorities or any other approvals/consents as may be required
to complete the Transaction;
2. execution of all necessary legal documents including a supplemental agreement between
Sungai Harmoni Sdn Bhd and/or Gamuda Water Sdn Bhd [“Operator(s)”] and
SPLASH/SSG/SSG’S nominee to incorporate necessary amendments to the respective
Operations and Maintenance Agreement(s) dated 24 January 2000 to reflect SSG’s
commitment to continue to retain and not to terminate the services of the Operators;
3. the settlement of the offer price on a one lump sum cash basis within an agreed timeframe;
and
4. the Transaction is to be accomplished via a sale of shares of Syarikat Pengeluar Air Selangor
Holdings Berhad, the holding company of SPLASH, to SSG or its nominee as opposed to a
sale of assets to facilitate a less complicated consolidation of operations in the Selangor
water industry and to accomplish a more efficient transition of the Operations and
Maintenance contracts to SSG or its nominee.
We will make the appropriate announcement to Bursa Malaysia Securities Berhad should there be
any further material development on this matter in due course.
This announcement is dated 21 July 2009.

---

Added on July 22, 2009, 4:52 pm

today Gamuda share price kena dump kaw kaw from 3.2 to 2.96, down 7%. Hope fund managers have finished their dumping.



This post has been edited by protonw: Jul 22 2009, 04:52 PM

Probably some funds are selling down construction counters....

Announcement Subject:

GAMUDA BERHAD (“GAMUDA” OR “THE COMPANY”)

Status of the Offer to Syarikat Pengeluar Air Sungai Selangor Sdn Bhd (“SPLASH”) from the Selangor State Government

Contents :

Reference is made to our announcement dated 21 July 2009 in relation to SPLASH’s acceptance of the Selangor State Government’s (“SSG”) offer to purchase the water-related assets and operations of SPLASH for an estimated gross price of RM2,975 million subject to the terms and conditions as announced therein (“Offer”).

Gamuda wishes to announce that SSG had on 30 November 2009 informed SPLASH that it was unable to proceed with the Offer due to Syarikat Bekalan Air Selangor Sdn Bhd’s (“SYABAS”) and Puncak Niaga (M) Sdn Bhd’s disagreement with SSG’s offer to them and as such, SSG’s Offer to SPLASH via its Third Letter of Offer dated 15 July 2009 was deemed lapsed and of no effect.

This announcement is dated 1 December 2009.


http://announcements.bursamalaysia.com/EDM...4F?OpenDocument

This post has been edited by protonw: Dec 1 2009, 05:43 PM

Gamuda has a good fly this morning. Now retract a bit...

You are not shown as shareholder in their registrar, so letter will go to HLE. Call HLE up to enquire after the announcements date.

These ESOS everyday also got.... so no effect to the share price but it does dilute the EPS in a very small percentage...

ESOS is a way for the directors to put more monies indirectly into their own pockets in disguise of the name so called EMPLOYEE SHARES OPTION SCHEME.....the employees actually get a very small portion only.

RIGHTS ISSUE OF WARRANTS – PRICE-FIXING DATE FOR EXERCISE PRICE OF WARRANTS

Contents :

Reference is made to the announcement dated 22 December 2009.

(Unless otherwise defined, all terms used in this announcement shall have the same meaning ascribed to them in earlier announcements on the Rights Issue Of Warrants)

On behalf of the Board of Directors of Gamuda (“Board”), AmInvestment Bank Berhad (a member of AmInvestment Bank Group) wishes to announce that the Board has fixed the exercise price of the Warrants at RM2.66 for every one (1) new Gamuda Share (“Exercise Price”).

The Exercise Price was arrived at after taking into consideration the five (5)-day volume weighted average market price (“WAMP”) of Gamuda Shares up to and including 9 April 2010 (being the five (5) market days before the date of this announcement) of RM2.954. The Exercise Price represents a discount of approximately 29 sen or 9.95% to the five (5)-day WAMP of Gamuda Shares up to and including 9 April 2010.

This announcement is dated 12 April 2010.

---

Added on April 15, 2010, 9:27 pm
5398 GAMUDA GAMUDA BHD
RIGHTS ISSUE OF WARRANTS 1 : 8

Entitlement Details:
RENOUNCEABLE RIGHTS ISSUE OF UP TO 267,696,915 WARRANTS IN GAMUDA BERHAD
("GAMUDA") (WARRANT(S)), AT AN ISSUE PRICE OF RM0.10 PER WARRANT ON THE BASIS
OF ONE (1) WARRANT FOR EVERY EIGHT (8) EXISTING ORDINARY SHARES OF RM1.00 EACH
HELD IN GAMUDA AT 5.00 P.M. ON 30 APRIL 2010 ("RIGHTS ISSUE OF WARRANTS")


Entitlement Type: Rights Issue
Entitlement Date and Time: 30/04/2010 05:00 PM
Year Ending/Period Ending/Ended Date:
EX Date: 28/04/2010
To SCANS Date:
Payment Date:
Interest Payment Period:
Rights Issue Price: 0.100
Trading of Rights Start On:
Trading of Rights End On:
Stock Par Value:

Share transfer book & register of members will be closed from to (both dates inclusive) for the purpose of determining the entitlements

A Depositor shall qualify for the entitlement in respect of:
- Securities transferred into the Depositor's Securities Account before 30/04/2010 04:00 PM in respect of ordinary transfers.
- Securities transferred into the Depositor's Securities Account before in respect of express transfers.
- Securities deposited into the Depositor's Securities Account before in respect of securities exempted from mandatory deposit.
- Securities not withdrawn from the Depositor's Securities Account as at .
- Securities bought on KLSE on a cum entitlement basis according to the Rules of the KLSE.

Registrar's Name and Contact:

---

Added on April 15, 2010, 9:29 pm888888888888888888888888888888888888888888888888888888

Important Relevant Dates for Renounceable Rights

Full Description:
RENOUNCEABLE RIGHTS ISSUE OF UP TO 267,696,915 WARRANTS IN GAMUDA BERHAD
("GAMUDA") (WARRANT(S)), AT AN ISSUE PRICE OF RM0.10 PER WARRANT ON THE BASIS
OF ONE (1) WARRANT FOR EVERY EIGHT (8) EXISTING ORDINARY SHARES OF RM1.00 EACH
HELD IN GAMUDA AT 5.00 P.M. ON 30 APRIL 2010 ("RIGHTS ISSUE OF WARRANTS")


Dispatch Date: 04/05/2010
Trading of Rights Start On: 03/05/2010
Trading of Rights End On: 11/05/2010
Stock Par Value:

Last Day and Time for:
- Sale of Provisional Allotment of Right: 10/05/2010 05:00 PM
- Transfer of Provisional Allotment of Right: 13/05/2010 04:00 PM
- Acceptance and Payment: 18/05/2010 05:00 PM
- Excess Share Application and Payment: 18/05/2010 05:00 PM

Remarks:
The last date and time for acceptance and payment for the Warrants as well as
the last date and time for excess Warrants application and payment are as
above, or such other later date and time as the Board of Directors of Gamuda
may decide and announce not less than two (2) market days before the stipulated
date and time.

---

Added on April 26, 2010, 11:13 amGamuda's latest bid to consolidate the water industry in Selangor has been viewed positively by industry observers, the deal is unlikely to go through anytime soon as the other major players in the industry have yet to show acceptance of the proposal.

This post has been edited by protonw: Apr 26 2010, 11:13 AM

tock Under Technical Watch

GAMUDA-WD

The stock is now trading at 1.35

Gamuda-WD is listed on 01/06/10 with an exercise price of 2.66 to the mother share

The mother share is now trading at 3.90

Conversion Ratio is 1 for 1 i.e 1.35 + 3.90 = 4.01

The warrant shares are normally traded slightly at a premium to the mother shares

Expiry date of the warrant is 25/05/15

The stock has rebounded from this morning low of 1.32

Its daily chart looks positive with room for further upside - taking into consideration that the mother share has a target price of RM5.00 with most broking houses.

Gamuda has been awarded with the Greater KL plan, part of the ETP project which involves in the MRT project.

The 15 minutes chart has yet to show the breakout for a BUY CALL

But with its price recovery from the morning low, its worth a watch.

BUY CALL

Yap YL MIB

88888888888888888888888888888

Will buy back some.