As we all know the company IPP has been approved and financial advisor has been appointed. The present price does not reflect yet the value of the IPP.

Yes Gunung now had exited from supply of buses to Khidmat Negara Program as the program had been terminated. Gunung now concentrates on developing small hydros projects. Some projects have completed ready for commercial operation and more under construction and planning. Going forward the earnings very likely to be excellent. Buy and sell at your own risk though.

Average up is a much better and profitable strategy than average down.

Finally Gunung started to meletop!

We can safely assumed the new owner will add value, otherwise why bother buying a controlling stake. Any way if we wait until we are sure about what exactly the new owner want to do, it will be too late to buy! We can't avoid not taking any risk in investing.

Will meletop soon. This company is developing a no of hydro power projects and the government is encouraging the development off renewable energy sources. The company is in the right business at the right time. On top the, it has very little debts and has a relatively high cash reserve. It is currently trading at lower than net asset value of more than 40 sen.

If u belief that the new substantial owner can add value, it is worth putting some money on the stock and u are not taking a high risk buying at current prices.

Yes kali ini akan meletop! Good result comping and expected.

As in my earlier post prices had come down, time to buy or buy back!

If u never cut loss, what if the stock plunges down south? It is ok to miss the upturn but u survive and can always fight another day. To succeed, survival first u must.

In trading, never average down. Better and safer to cut loss then buy back if prices go lower and u still want to own the stock.

Finally prices came down and now good time for those who had sold or want to accumulate to buy.

If u really want to buy, just wait a bit. U will get much cheaper!

Now the volume follows

Wau, 71.43% up today!!!

Good sale by controlling shareholders to cut further loss and exit this unfortunate company troubled by inside scandals and bleeding India IPP.

Selling out a good profitable growing company and nothing left except money gorging losing biz.

You can easily get below 41 sen, just wait patiently for it to come down. Now almost totally lack of interest by buyers.

God gives a person riches, wealth, and honor so that he lacks nothing of all he desires for himself, but God does not allow him to enjoy them. Instead, a stranger will enjoy them. This is futile and a sickening tragedy.

Ecclesiastes 6:2
Just to remind this reborn religious family.

YTL Land sits on precious land bank and the controlling family seems on purpose make it not profitable so that they can buy it cheap at the right time. The time is now to buy cheap real estate developers.
Just wait and u will not be surprised YTL Power may be privatized too in the similar manner!

Valuation of intrinsic value of a stock goes beyond accounting. Auditors job are to audit the account according to accepted principles and practices. Your job is to make your own independent assessment and valuation.

Slow but steady on the way up! Currently still undervalued. Value is in the future performance of the company not in the past. The pass is history. Please do your own independent analysis and valuation and not be persuaded by others.

Steady rise as better result from IPP expected going forward. Still much undervalued at current prices based on net asset or future visible earnings.

Fully agreed that YTL been very very unfair to minority shareholders offering well below fair value and put fear in them to accept YTL offer.
Many knew how YTL got the school internet before ! You just need to ask around.

Net Asset alone 48 sen. Just add the possible value of 1,200 MW IPP currently under development. Please make your own independent judgement and decision to buy, to sell or to hold.

Just watch the trades, you will know what is coming !

I fully agree with golfstick. Why MUI still want to continue with so called lifestyle biz? In UK and here too we see company closing down retail shops and department stores. It is not a growth biz. Neither MUI has skill and competitive advantage running hotels.

1st Q very likely up mainly due to higher income from power division.

Book Value per share alone 77 sen! Co worth more dead than alive.

What really worry me the company continually issuing more shares at the disadvantage to existing share holders. A more fair and equitable way perhaps to raise equity capital via rights issues where all shareholders are given equal opportunity to participate.Private placements and free of charge issuing of share are detrimental to the interest of existing shareholders.

Ada berita di akhbar The Edge mengatakan projek IPP telah dibatalkan tetapi Tadmax mengeluarkan kenyataan bahawa berita itu tidak benar. Malah Tadmax telah melantik sebuah Investment Bank sebagai penasihat kewangan untuk tujuaan membangunkan projek IPP tersebut baru-baru ini.

1,200 MW power plant in Pulau Indah

Apa lagi, IPP lah!

Careful, there are things we outsiders may not know or consider carefully. We know a lot ,superficially at least, about under construction IPP in Vietnam where Jaks has minority stake of 30% plus another 10% option. But remember the Chinese partner is a giant compare to Jaks and it has controlling 70% stake ownership and at the same time the contractor and later the operator for the plant. In addition the Chinese banks are providing all the financing.

Another thing to worry about is the property side of the business that continue to bleed!

Later on issue more free shares again to top management!

Right issue is fairer to existing shareholders as PP is issued at a discount to a selected few.

Just hope this company will not go the way Singapore company Hyflux.

More fun raising, more dilution for existing shareholders, There seems no ending the need for fund injection. Our only hope this thing soon stops and cash will then flow from the company to shareholders.

Probably best to wait the price level fall to around 12 sen to accumulate.

Convertible loan stocks being converted recently at only 12 sen only. More conversions at that price probably will happen, so be xtra careful in buying.

Convertible loan stocks being converted at only 12 sen! More conversions at that price probably will happen, so be xtra careful in buying.

This company have been making accounting profits but unfortunately the cash flow from operations has been increasingly more negative. The cash flow from investment too is negative as the company continue to invest in new projects. This may remind us of Hyflux in Singapore which showing similar characteristics both in business model and cash flows. What more with its majority shareholder and chairman was disposing large personal stake very recently. May be he knows something coming?

Matthew 19:24 "I'll say it again-it is easier for a camel to go through the eye of a needle than for a rich person to enter the Kingdom of God!"

Under new ECRL renegotiated contract, there will be involvement of local contractors not like in the original previous contract where there was no involvement by locals. WZ1 will definitely benefit from this new arrangement, what more this company is very closely associated with the Pahang royalty.
Double happiness and good fortune for this company: renegotiated ECRL and soon resumption of bauxite export!

Resumption of bauxite export is certain now, will soon begin.

Very soon will break 20! Better result expected plus very undervalued.

Net Asset alone at 77 sen/share and this with very conservative value of its land bank near Kuantan Port. ECRL to continue so the export of bauxite via Kuantan Port to resume very soon.

About 16 acres of Eden land to be sold for ECRL project. It was put on hold waiting for the status of ECRL Project.

Why not look at Tadmax developing similar size power plant at our own backyard? Hong Leong IB being appointed for fund raising for the 1,200 MW plant in Pulau Indah. Tadmax share price has plunged since the rumor recently by The Edge that the plant being scrapped by the government. Will the price bound back to at least the level before the rumor ?

Tadmax appointing Hong Leong IB as financial advisor for its 1,200 MW power plant, the one that The Edge recently highlighted as being scrapped by the government. The share price has plummeted ever since that "bad news" came out. Now very likely the share price will rebound back to at least to the level before that news came out!