GAMUDA (5398): GAMUDA BHD Price Target

Highlights

Stock Price Target

Last Price	Avg Target Price	Upside/Downside	Price Call
5.15	5.54	+0.39 (7.57%)

* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.

** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).

Date	Open Price	Target Price	Upside/Downside	Price Call	Source
08/04/2024	5.29	6.30	+1.01 (19.09%)	BUY	RHB-OSK
08/04/2024	5.29	6.20	+0.91 (17.20%)	BUY	KENANGA
04/04/2024	5.26	6.30	+1.04 (19.77%)	BUY	RHB-OSK
04/04/2024	5.26	6.11	+0.85 (16.16%)	BUY	HLG
01/04/2024	5.26	6.18	+0.92 (17.49%)	BUY	TA
01/04/2024	5.26	6.30	+1.04 (19.77%)	BUY	RHB-OSK
01/04/2024	5.26	6.20	+0.94 (17.87%)	BUY	KENANGA
01/04/2024	5.26	6.54	+1.28 (24.33%)	BUY	AmInvest
29/03/2024	5.25	6.18	+0.93 (17.71%)	BUY	TA
29/03/2024	5.25	6.30	+1.05 (20.00%)	BUY	RHB-OSK
29/03/2024	5.25	6.20	+0.95 (18.10%)	BUY	KENANGA
20/03/2024	5.14	6.46	+1.32 (25.68%)	BUY	RHB-OSK
29/02/2024	5.09	5.45	+0.36 (7.07%)	BUY	KENANGA
13/02/2024	5.20	6.46	+1.26 (24.23%)	BUY	RHB-OSK
17/01/2024	5.05	5.16	+0.11 (2.18%)	BUY	BIMB
16/01/2024	5.01	5.55	+0.54 (10.78%)	BUY	TA
15/01/2024	5.00	5.45	+0.45 (9.00%)	BUY	KENANGA
15/01/2024	5.00	6.73	+1.73 (34.60%)	BUY	AmInvest
10/01/2024	5.00	5.41	+0.41 (8.20%)	BUY	RHB-OSK
09/01/2024	4.97	5.66	+0.69 (13.88%)	BUY	RHB-OSK
05/01/2024	4.86	5.45	+0.59 (12.14%)	BUY	KENANGA
08/12/2023	4.45	5.55	+1.10 (24.72%)	BUY	MIDF
07/12/2023	4.47	5.19	+0.72 (16.11%)	BUY	TA
07/12/2023	4.47	5.66	+1.19 (26.62%)	BUY	RHB-OSK
07/12/2023	4.47	5.00	+0.53 (11.86%)	BUY	PUBLIC BANK
07/12/2023	4.47	5.45	+0.98 (21.92%)	BUY	KENANGA
07/12/2023	4.47	5.16	+0.69 (15.44%)	BUY	BIMB
07/12/2023	4.47	6.73	+2.26 (50.56%)	BUY	AmInvest
06/12/2023	4.41	5.65	+1.24 (28.12%)	BUY	CIMB
01/12/2023	4.63	5.00	+0.37 (7.99%)	BUY	PUBLIC BANK
22/11/2023	4.62	5.45	+0.83 (17.97%)	BUY	KENANGA
20/11/2023	4.67	5.41	+0.74 (15.85%)	BUY	RHB-OSK
20/11/2023	4.67	5.45	+0.78 (16.70%)	BUY	KENANGA
20/11/2023	4.67	5.65	+0.98 (20.99%)	BUY	CIMB
20/11/2023	4.67	6.73	+2.06 (44.11%)	BUY	AmInvest
14/11/2023	4.59	5.16	+0.57 (12.42%)	BUY	BIMB
08/11/2023	4.62	5.65	+1.03 (22.29%)	BUY	CIMB
31/10/2023	4.58	5.19	+0.61 (13.32%)	BUY	TA
31/10/2023	4.58	5.31	+0.73 (15.94%)	BUY	RHB-OSK
31/10/2023	4.58	5.00	+0.42 (9.17%)	BUY	PUBLIC BANK
31/10/2023	4.58	5.45	+0.87 (19.00%)	BUY	KENANGA
31/10/2023	4.58	5.17	+0.59 (12.88%)	BUY	AmInvest
30/10/2023	4.64	5.65	+1.01 (21.77%)	BUY	CIMB
26/10/2023	4.61	5.31	+0.70 (15.18%)	BUY	RHB-OSK
26/10/2023	4.60	5.00	+0.40 (8.70%)	BUY	PUBLIC BANK
26/10/2023	4.61	5.45	+0.84 (18.22%)	BUY	KENANGA
26/10/2023	4.61	5.65	+1.04 (22.56%)	BUY	CIMB
26/10/2023	4.61	5.16	+0.55 (11.93%)	BUY	BIMB
26/10/2023	4.61	5.17	+0.56 (12.15%)	BUY	AmInvest
13/10/2023	4.59	5.45	+0.86 (18.74%)	BUY	KENANGA
06/10/2023	4.46	5.45	+0.99 (22.20%)	BUY	KENANGA
02/10/2023	4.43	5.16	+0.73 (16.48%)	BUY	BIMB
29/09/2023	4.39	5.19	+0.80 (18.22%)	BUY	TA
29/09/2023	4.39	5.31	+0.92 (20.96%)	BUY	RHB-OSK
29/09/2023	4.39	5.00	+0.61 (13.90%)	BUY	PUBLIC BANK
29/09/2023	4.39	5.45	+1.06 (24.15%)	BUY	KENANGA
29/09/2023	4.39	5.16	+0.77 (17.54%)	BUY	BIMB
29/09/2023	4.39	5.17	+0.78 (17.77%)	BUY	AmInvest
27/09/2023	4.38	5.65	+1.27 (29.00%)	BUY	CIMB
26/09/2023	4.40	5.45	+1.05 (23.86%)	BUY	KENANGA
25/09/2023	4.37	5.27	+0.90 (20.59%)	BUY	RHB-OSK
07/09/2023	4.44	5.27	+0.83 (18.69%)	BUY	RHB-OSK
07/09/2023	4.44	5.15	+0.71 (15.99%)	BUY	KENANGA
06/09/2023	4.38	5.16	+0.78 (17.81%)	BUY	BIMB
03/08/2023	4.30	5.15	+0.85 (19.77%)	BUY	KENANGA
01/08/2023	4.30	5.15	+0.85 (19.77%)	BUY	KENANGA
28/07/2023	4.56	5.27	+0.71 (15.57%)	BUY	RHB-OSK
21/07/2023	4.45	5.27	+0.82 (18.43%)	BUY	RHB-OSK
21/07/2023	4.45	5.10	+0.65 (14.61%)	BUY	PUBLIC BANK
21/07/2023	4.45	5.15	+0.70 (15.73%)	BUY	KENANGA
20/07/2023	4.45	5.27	+0.82 (18.43%)	BUY	RHB-OSK
23/06/2023	4.30	5.27	+0.97 (22.56%)	BUY	RHB-OSK
23/06/2023	4.30	5.10	+0.80 (18.60%)	BUY	PUBLIC BANK
23/06/2023	4.30	5.15	+0.85 (19.77%)	BUY	KENANGA
12/06/2023	4.26	4.95	+0.69 (16.20%)	BUY	RHB-OSK
09/06/2023	4.14	4.95	+0.81 (19.57%)	BUY	RHB-OSK
17/05/2023	4.05	5.10	+1.05 (25.93%)	BUY	PUBLIC BANK
12/05/2023	4.12	5.10	+0.98 (23.79%)	BUY	PUBLIC BANK
05/05/2023	4.10	4.76	+0.66 (16.10%)	BUY	BIMB
27/04/2023	4.06	4.35	+0.29 (7.14%)	HOLD	RHB-OSK
27/04/2023	4.06	5.10	+1.04 (25.62%)	BUY	PUBLIC BANK

Price Target Research Article/News (past 6 months)
08/04/2024	RHB-OSK	Gamuda - Orders Up Down Under; Stay BUY
08/04/2024	KENANGA	Gamuda - Bags Perth Signalling Job With Alstom
04/04/2024	RHB-OSK	Gamuda - Largely Unruffled by Taiwan’s Earthquake; Keep BUY
04/04/2024	HLG	Public infrastructure projects to drive construction sector
01/04/2024	TA	Gamuda Berhad - The Train Is Finally Moving
01/04/2024	RHB-OSK	Gamuda - The Cat Is Out of the Bag for Penang LRT; Stay BUY
01/04/2024	KENANGA	Gamuda - Federal Green Light for Penang LRT
01/04/2024	AmInvest	GAMUDA - Bags First Component of Penang LRT Project
29/03/2024	TA	Gamuda Berhad - A Stronger 2HFY24 Ahead
29/03/2024	RHB-OSK	Gamuda - Seeing a Stronger 2HFY24F; Stay BUY
29/03/2024	KENANGA	Gamuda - Vying for Data Centre Building Jobs
20/03/2024	RHB-OSK	Gamuda - Running Like the Wind; Stay BUY
29/02/2024	KENANGA	IJM Corporation - Construction Job Wins Surpass Target
13/02/2024	RHB-OSK	Gamuda - in a Sweet Spot to Leverage on Data Centre Growth
17/01/2024	BIMB	GAMUDA Berhad (GAM MK) - Momentum to Sustain Into FY24
16/01/2024	TA	Gamuda Berhad - Ready to Roll
15/01/2024	KENANGA	Rep20240115_IJM-240115-CU-(Kenanga).pdf
15/01/2024	AmInvest	Construction - Detours in KL-Singapore High Speed Rail
10/01/2024	RHB-OSK	Gamuda- Men at Work Down Under; Reiterate BUY
09/01/2024	RHB-OSK	Construction - Solidifying Kuching’s Transportation System
05/01/2024	KENANGA	Construction - Ready to Rock
08/12/2023	MIDF	Analysts Maintain 'buy' on Gamuda, Expect Strong Quarters Ahead on High Order Book, Unbilled Sales
07/12/2023	TA	Gamuda Berhad - A Modest Start
07/12/2023	RHB-OSK	Gamuda - Solidifying Regional Excellence; Stay BUY
07/12/2023	PUBLIC BANK	Gamuda Berhad - Looking Forward to More
07/12/2023	KENANGA	Gamuda - A Good Start to FY24
07/12/2023	BIMB	Gamuda Berhad - Boosted by Overseas Venture
07/12/2023	AmInvest	Gamuda - Overseas Jobs to Drive Earnings Momentum
06/12/2023	CIMB	Gamuda - Slew of Good News for Construction
01/12/2023	PUBLIC BANK	PublicInvest Research Headlines - 1 Dec 2023
22/11/2023	KENANGA	Kerjaya Prospek Group - Contract Cancellation Weighs
20/11/2023	RHB-OSK	Gamuda - Men At Work Down Under; Reiterate BUY
20/11/2023	KENANGA	Gamuda - A Postcard From Sydney
20/11/2023	CIMB	Gamuda - Delivering on Its Projects Down Under
20/11/2023	AmInvest	Gamuda - Prolific Project Pipeline From Australia
14/11/2023	BIMB	Construction Sector Thematic - Building Beyond Barriers
08/11/2023	CIMB	CGS-CIMB Is 'double Overweight' on Construction Sector on Govt Policy Continuity
31/10/2023	TA	Construction & Property Sector - Penang – The Next Prominent Investment Opportunity
31/10/2023	RHB-OSK	Gamuda - Venturing Into The Land Below The Wind; BUY
31/10/2023	PUBLIC BANK	Gamuda Berhad - Upper Padas Hydro Power Plant Deal
31/10/2023	KENANGA	Gamuda - Developing Hydropower Plant in Sabah
31/10/2023	AmInvest	Gamuda - Hydroelectric Power Plant Concession
30/10/2023	CIMB	Gamuda - Building a Recurring Income Base With Hydro
26/10/2023	RHB-OSK	Gamuda - Bags First Job For FY24; Stay BUY
26/10/2023	PUBLIC BANK	Gamuda Berhad - Digging Tunnels in Taiwan, Again
26/10/2023	KENANGA	Gamuda - Bags RM3b MRT Job in Taiwan
26/10/2023	CIMB	Gamuda - Largest Taiwan Win; Penetrating MRT Space
26/10/2023	BIMB	GAMUDA Berhad - Driving Infrastructure Excellence
26/10/2023	AmInvest	Gamuda - Major Contract Win in Mrt Taiwan Project
13/10/2023	KENANGA	IJM Corporation - Clinches RM1.26b RTS Work Packages
06/10/2023	KENANGA	Sunway Construction Group - Bags Warehouse and Data Centre Jobs
02/10/2023	BIMB	2024 Budget Preview: Construction - Shifts Into High Gear
29/09/2023	TA	Gamuda Berhad - Eyeing for Another Record High Revenue for FY24
29/09/2023	RHB-OSK	Gamuda - Another Record-Breaking Year; Stay BUY
29/09/2023	PUBLIC BANK	Gamuda Berhad - Best Performing Year So Far
29/09/2023	KENANGA	Gamuda - The Best Is Yet to Come
29/09/2023	BIMB	Gamuda Berhad - QTPs Set to Elevate Property Segment
29/09/2023	AmInvest	Gamuda - Surge in overseas earnings
27/09/2023	CIMB	Gamuda Raising the revenue bar higher
26/09/2023	KENANGA	Construction - The Wait is Over
25/09/2023	RHB-OSK	Construction - Gauging The Mood In Johor
07/09/2023	RHB-OSK	Construction - Reigniting The Flame; Maintain OVERWEIGHT
07/09/2023	KENANGA	Construction - 2QCY23 Report Card: Scrapes Past 1H, 2H in Focus
06/09/2023	BIMB	Construction Sector - 2QFY23 Earnings Review: Construction
03/08/2023	KENANGA	Construction - Looking More Constructive
01/08/2023	KENANGA	Gamuda - Metro West a Storm in a Teacup?
28/07/2023	RHB-OSK	Construction - Takeaways From the HSR RFI Briefing
21/07/2023	RHB-OSK	Gamuda - Expanding Its Footprint in Vietnam; Keep BUY
21/07/2023	PUBLIC BANK	Gamuda Berhad - Going Big in Vietnam
21/07/2023	KENANGA	Gamuda - Acquiring Prime Land in Vietnam
20/07/2023	RHB-OSK	Construction - Picking Up Steam; Maintain OVERWEIGHT
23/06/2023	RHB-OSK	Gamuda - Delivering the Numbers; Stay BUY
23/06/2023	PUBLIC BANK	Gamuda Berhad - Within Expectations, PSI Takes Off
23/06/2023	KENANGA	Gamuda - Vegemite-Charged Growth
12/06/2023	RHB-OSK	Construction - Slowly Escaping the Storm; U/G to OVERWEIGHT
09/06/2023	RHB-OSK	Gamuda - Powering Up; U/G to BUY
17/05/2023	PUBLIC BANK	PublicInvest Research Headlines - 17 May 2023
12/05/2023	PUBLIC BANK	GAMUDA BERHAD - PSI Project Pruned, But Unstirred
05/05/2023	BIMB	Gamuda Berhad - Breaking Ground and Building Responsibility
27/04/2023	RHB-OSK	Gamuda - Greenlight Received for PSI, But Hold Your Horses (27 Apr 2023)
27/04/2023	PUBLIC BANK	PublicInvest Research Headlines - 27 Apr 2023

Social Forum

Comment

6 people like this.

troy88 RM5 achieved as expected but there is more to come. Construction king will challenge ATH this year..

08/01/2024 10:11 AM

jenson68 Congrats !! Break 5 resistance finally

08/01/2024 11:10 AM

Lightofheaven Ok nice..if RM 6 i belanja makan KFC

08/01/2024 12:02 PM

Riaz1954 Price needs to breach 5 comfortably….and March on ….further catalyst will come from when major projects are awarded in Malaysia. I have high expectations of Gamuda one of better managed companies in Malayisa.

08/01/2024 6:11 PM

Lightofheaven Goodby Gamuda
Hope to see u again

10/01/2024 11:45 AM

SourDosey Why say goodbye after OSK rises it TP to RM5.41? 😅

https://klse.i3investor.com/web/pricetarget/research/70050

10/01/2024 4:50 PM

SourDosey Gamuda is heading towards RM5 now

12/01/2024 9:12 AM

Mabel Hit 5 oledi..

12/01/2024 11:47 PM

Not_logic HSR Gamuda no bid? pang72 said China can fund HSR.

14/01/2024 9:30 PM

troy88 Construction king steady..

16/01/2024 9:34 AM

SourDosey reaching Rm30 billion in order book soon?

17/01/2024 9:20 PM

Mabel Earlier Mabel collected the Singapore Gem, Time to collect more Malaysian Gems. Gamuda financial looks very promising. Technical charts still very good trading above all Mabel’s targeted moving average. The latest earnings per share (EPS), book value per share (BVPS), and dividend per share (DPS) of Gamuda Bhd (GAMUDA) are as follows:

EPS: 7.26 cents, as of 31 October 2023
BVPS: RM4.14, as of 31 October 2023
DPS: 6.00 cents, as of 31 October 2023

18/01/2024 10:01 AM

SourDosey Gamuda reiterated its new order-win target of RM25 bil a year in FY24 and FY25. I think they can reach RM30 bil in one day

19/01/2024 9:26 AM

chongwee CONSTRUCTION JOB MORE

19/01/2024 11:58 AM

chongwee https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E8%8B%8F%E4%B8%B9%E9%99%9B%E4%B8%8B%E5%B0%86%E5%87%BA%E4%BB%BB%E5%85%83%E9%A6%96-%E6%9F%94%E4%BD%9B%E6%A6%82%E5%BF%B5%E8%82%A1%E9%AB%98%E6%AD%8C%E7%8C%9B%E8%BF%9B#google_vignette

19/01/2024 11:58 AM

chongwee AGONG WANT MADANI MALAYSIA WANT JOHOR DEVELOPMENT WANT JOHOR GROWTH IN HIS HIGHNESS LEADERSHIP

19/01/2024 11:58 AM

SourDosey Construction theme play for 2024

22/01/2024 6:50 PM

kancs3118 Seeds have been planted many seasons ago...now, just watch as the tree 🎄 grows and wait to reap her harvest

23/01/2024 1:37 PM

sugumaran HSR

26/01/2024 10:24 AM

sugumaran https://theedgemalaysia.com/node/698603

26/01/2024 10:24 AM

utusminum after MRCB, BJLAND, IJM....next one will be GAMUDA...they have very strong partner to bid for the johor HSR

26/01/2024 2:04 PM

JackTan1217 Latest news is Gamuda partner with Johor corporation to bid for the HSR project

27/01/2024 12:43 PM

Pinky Still got leg to run? 5.00 already 🤔

29/01/2024 10:41 AM

Lightofheaven Gamuda up..any good news ah?

29/01/2024 3:06 PM

kancs3118 Today is dividend ex-date ...but then, share price still stay above RM5...kudos

30/01/2024 9:04 PM

VinAlag sorry noob question..what is the corporate action subsription again? i only have 500 shares is it worth it?

05/02/2024 10:11 AM

Riaz1954 500*0.06=300 /4.43 =67.72 shares

09/02/2024 9:49 AM

Pinky You will end up with odd lots. Don't bother

09/02/2024 11:08 AM

Mabel Happy Chinese New Year to all the i3 Investors! As we welcome the auspicious Year of the Dragon, we seize this opportunity to extend our heartfelt wishes to each and everyone of you. May this Lunar New Year bring you abundant joy, prosperity, and good fortune! Let's all HUAT ah!!!

Captain Mabel Meow

09/02/2024 4:17 PM

troy88 Always steady..

13/02/2024 9:26 AM

notrealBoo ESOS so many?

13/02/2024 1:50 PM

hhhiii123 Good good qr ,hehe

27/03/2024 7:26 PM

kevingibb notrealBoo, Gamuda stop giving ESOS around 4 years ago after it's last 5-year ESOS scheme expired. no more such lubang / kangdao.

29/03/2024 9:33 AM

Mabel SRS Consortium (60% owned by Gamuda) has been offered the Penang LRT or Mutiara Lines Segment 1 construction after the Cabinet gave their go-ahead for the LRT project on 22 Mar. We are positive on this development. We estimate the civil works for Segment 1 to be worth MYR8+b, providing an estd. 20% uplift to Gamudas orderbook. We make no change to our earnings forecasts for now. BUY, with an unchanged MYR5.80 RNAV-TP.

01/04/2024 7:17 PM

SourDosey It is going to hit RM6 😬 https://www.thestar.com.my/business/business-news/2024/04/02/gamuda-to-benefit-from-penang-lrt-deal-win

03/04/2024 12:13 PM

alenac Today attempted to break RM5.29. Hopefully it will break.

04/04/2024 9:38 AM

kancs3118 Break anus until bleeding liaw .....huat arr

04/04/2024 3:08 PM

kancs3118 Next is RM5.50++ dee

04/04/2024 3:09 PM

ChloeTai Market Capitalization 4 April 2024
25. Sunway 18.6 bil
26. Sime 18.3 bil
27. Genting 18.1 bil
28. Airport 16.3 bil
29. GenM 15.4 bil
30. QL 14.6 bil
31. Gamuda 14.6 bil

04/04/2024 8:02 PM

mamakspecial bloody ridiculous for sunway to run faster than gamuda..in terms of construction.. gamuda is still king...sunway belongs to 2nd tier...

05/04/2024 8:35 AM

SourDosey Thanks to data center project, market cap of Sunway surpass Gamuda 😬

05/04/2024 2:28 PM

pang72 Wait for GAMUDA getting the award of data center project then you see the power of King

05/04/2024 7:08 PM

pang72 All those Sunway is just peanut for Gamuda

05/04/2024 7:09 PM

omega008 U reckon is good price for entry or waiting for a small pullback first

05/04/2024 7:46 PM

pang72 https://www.sinchew.com.my/news/20240408/finance/5521122
GAMUDA +Alstom = Australia project 21 亿

08/04/2024 10:13 PM

SourDosey That one is railway project in Franch?

09/04/2024 5:20 PM

sten_still Will enter klci with sunway soon

12/04/2024 10:11 AM

DickyMe Property development is the destruction of fertile agricultural land. Thus, creating artificial shortage of food supply and denying animals of their habitat. Greed of humans is the cause of extinction of many living beings. They are proud of pigeon hole homes and drown in false satisfaction of living in cubicle similar to prisoner cells. The difference between city dwellers and prisoners is, prisoners don't pay. They create a living atmosphere, full of stress, pretend to be busy and abandoning their parents, cry over booming living expenses for basic necessities. When they get a few days off they run out outskirts and yearn for peaceful life which they destroyed. Silly educated fellows.

12/04/2024 3:11 PM

SourDosey Gamuda Land partners Kiddypedia to introduce place-based, play-based learning centres at Gamuda Gardens, twentyfive7

https://theedgemalaysia.com/node/707740

12/04/2024 5:57 PM

SourDosey V shape movement 😀

18/04/2024 7:45 AM

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