Barefoot Investor: Gamuda shares ahead than the rest in the early trade

At 9.10am, it was up 10 sen to RM3.89 while the call warrants, Gamuda-CD climbed five sen to RM1.67.

However, the FBM KLCI slipped 1.96 points to 1,519.33. Turnover was 65.65 million shares valued at RM67.25 million. Gainers led losers 116 to 67 while 116 counters were unchanged.

According the Hwang DBS Vickers,Gamuda remains on its high conviction list.

Since Gamuda is looking to bid for the Qatar MRT project next year worth US$45bn (RM141 billion). This target completion date is 2021, ahead of the FIFA World Cup in 2022.


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