Gamuda's Order Book Gets Boost From Taiwan MRT Contract Win -- Market Talk

Dow Jones
05/11

0132 GMT - Gamuda's latest Taiwan mass rapid transit contract lifts its order book above 50 billion ringgit for the first time, RHB IB analyst Adam Bin Mohamed Rahim says in a note. The company secured a 3.3 billion ringgit Kaohsiung MRT joint-venture project with Taiwan-based Shang Ting, with Gamuda's effective share at 2.3 billion ringgit. Its order book now stands at 51.6 billion ringgit. RHB estimates Gamuda needs another 9 billion ringgit to 14 billion ringgit in new jobs this year to maintain its end-2026 order book target of up to 55 billion ringgit, which it views as achievable given ongoing global tenders worth at least 30 billion ringgit. RHB raises Gamuda's target price to 6.19 ringgit from 6.01 ringgit, and keeps a buy rating. Shares are 1.1% higher at 4.55 ringgit. (yingxian.wong@wsj.com)

 

(END) Dow Jones Newswires

May 10, 2026 21:32 ET (01:32 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10