Got a copy of the report that the folks at JP Morgan said about Gamuda. (Do pay attention to the date of the report! Sorry, it's kinda out-dated!)
Note the 4 issues raised by the analyst.
- Could his exit jeopardize all of Gamuda’s ventures in Vietnam? [Gamuda has a total GDV exposure of c.M$15 billion in Vietnam]
- Could his exit jeopardize the execution of the existing construction orderbook? [Gamuda has a total outstanding orderbook of c.M$10.5 billion]
- Could the timing imply that more negative newsflow will surface in the near future?
- What are Gamuda’s chances of securing more federalfunded projects moving forward, in the absence of the well-connected founder?
How?
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