三公大吃小棋牌游戏:Quick take: Gamuda slips despite RM2.13bil contract win
đánh đề là gì（www.vng.app）：đánh đề là gì（www.vng.app） cổng Chơi tài xỉu uy tín nhất việt nam。đánh đề là gì（www.vng.app）game tài Xỉu đánh đề là gì online công bằng nhất，đánh đề là gì（www.vng.app）cổng game không thể dự đoán can thiệp，mở thưởng bằng blockchain ,đảm bảo kết quả công bằng.
KUALA LUMPUR: Shares in Gamuda Bhd edged down this morning despite securing a RM2.13bil contract amid a cautious broader market.
The construction group declined one sen to RM3.92 with 90,600 shares traded. Over the past five days, the counter has appreciated by 6.23%.
Gamuda together with Asia World Engineering & Construction Co (AWEC) has secured a RM2.13bil underground railway project in Taiwan.
The project, estimated to be completed within 96 months is Gamuda’s sixth in Taiwan.
The project will be executed by a 60:40 unincorporated joint venture between Gamuda and AWEC respectively.
The expected revenue to Gamuda from the project is about RM1.28bil, Gamuda said.,
Affin Hwang Investment Bank said this is Gamuda’s first major new contract win in FY23 that will increase its order book by RM1.28bil to RM15.2bil.
The research house said the indicative pretax profit margin for the project is 8-10% and contributing pretax profit of RM102mil-RM128mil over the 8-year construction period.
“We have assumed new contract wins of RM10.5bil in FY23E. Hence, we maintain our earnings forecasts with this project contributing 12% of our new contract wins assumption.
“Our main concern on Gamuda is political uncertainties potentially leading to delays in the roll out of domestic infrastructure projects, whilst prospects to win new overseas projects remain good. We reiterate our ‘hold’ call on Gamuda with RM4.08 target price, based on 20% discount to RNAV,” Affin said.