Obviously, conflict of interest. Using bahvest to korek southsea. Rahsia being korek. Issue letter of demand. Bahvest new board of directors should issue letter of demand to southsea for using bahvest resourced.

Obviously, conflict of interest. Bahvest should write letter of demand because gv korek service to southsea

Letter of demand means inderectly, korek lo admits he use bahvest to korek its mine in southsea

Successful get new 100mil project post Karim resignation from local company. This can't b fake. A gd sign

TQ sifu-sifu

Hello Tigger, tq for your explanation. But, if collections are 38.8mil, should we be able to trace this in cash flow account? I can't see any amount in the cash flow account near to 38mil.

Trade receivables in current assets=40.848mil ; Trade receivables in non current assets=102.14mil. A total of 143mil. Can any sifu explain to me why the trade receivables in current asset reduced and increased in non current asset ??? Is it after some longer period ( more than 1 year receivables), it will be transferred from current asset to non current asset ?

smallvestor, thank you for correcting me. Actually, I am the one who look at the wrong page !!!

according to the daily generation report dated 4June from http://www.cea.nic.in/dailygeneration.html, the status of unit 2 is no longer " no power purchase agreement ". This means the PPA is confirmed. No wonder this counter is up recently !!

I remember the management of Mudajaya mentioned before the net profit from selling power from India power plant is estimated to be 70mil. This gives 13sen EPS already before profit from other construction project !!!

With the start of delivery power of unit 1, this marks the end of the PPA negotiation

according to previous company announcement on 26jan2016, unit 2 is also achieve commercial operation already. Since unit 1 has already fired up on 13Feb2017 ( please see the daily generation report in CEA, the "no power purchase agreement " remark in the report is removed), unit 2 should be fired up soon also because the PPA should be the same.

U are welcome, johnny cash. I sold 70% of my holding at about RM0.94 just bf Q3 result. Bought again at about RM0.815 with the money that I obtained from previous sell. This is how I perform averaging without using fresh fund. Overall, I am still losing money on this counter. Looking to use fresh fund to buy more if less than RM0.90 once officially sell power to india. All rating will b changed then. Winner will b those having first hand info.

Besides I c the power plant advertised hiring of coal supervisor recently, an indication of light at the end of tunnel, I c all the bad aspects of doing business in india like new foreigner don"t want to enter this market due to no clear law, land problem, red tape and etc, is in fact good news for mudajaya. Because, it is just one more step to firing. This means if india want to build new power plant successfully, It will b the story.of many yrs later. During this period, sure there is no new supply to compete with mudajaya.

I think market will respond positively when the power generator is finally deliver power.
With the management of Mudajaya keeps their lips tight, small investor is being concealed with the fact.
They will have the first hand information and make profit out of this. I am looking for the clue.
RKM powergen is hiring a supervisor for coal logistics and fly ash. I think the problem of coal is rectified
and units 1 and 2 will start soon.
https://www.naukri.com/axon-constructions-jobs-careers-967986