HLIB Research: Gamuda's RM35b Order Book May Be Conservative

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Post on Oct 27, 2024

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HLIB Research: Gamuda's RM35b Order Book Might Be a Little Shy

Okay, so Gamuda, the big construction and infrastructure player in Malaysia, just announced a whopping RM35 billion order book. That sounds pretty impressive, right? But HLIB Research thinks it might be a bit conservative. They think it could actually be bigger!

A Closer Look at the Numbers

HLIB Research is saying that Gamuda's order book might be understated because it doesn't include potential wins from some projects they're bidding on. These projects are all pretty big deals, and if Gamuda gets them, boom! That order book will be supercharged.

Think about it: RM35 billion is already a lot of money, but if they win these other projects, we're talking even bigger numbers.

What Projects Are They Talking About?

So, what are these mystery projects that could boost Gamuda's order book? HLIB Research mentioned a few:

• The MRT3 project: This one is huge, and Gamuda's already got a piece of the pie. But if they win the entire thing, that's a serious game-changer.
• Other potential projects: Gamuda is also in the running for a bunch of other big infrastructure projects in Malaysia. If they snag these, the order book will be growing like crazy.

The Takeaway?

HLIB Research believes that Gamuda's order book is looking good and could be even bigger than we think. They're excited about Gamuda's prospects and see a lot of potential for growth.

So, if you're thinking about investing in Gamuda, this could be good news! But remember, it's just research, and nothing is guaranteed. Always do your own research and consult with a financial advisor before making any investment decisions.