Posted by Pak Lah > 2014-07-05 13:51 | Report Abuse

Hi Uncle Koon, thank you for posting the above article.

Works completed in accordance with technical/employers’ requirements are imperative or resources would be unnecessarily spent on rectifying the defects. Since the India Project was the 19th plant constructed by Mudajaya, I can safely assume that the delay was not due to the technical defects/failures.

Your comment of 03-07-2014 has undoubtedly helped to restore its share price to where it was. Your direct access to the insider information has benefitted us immensely – thank you Uncle Koon.

You have elaborated that the India plants are able to provide estimated recurring profits of RM70mil for 25 years. Mudajaya’s Anto Joseph has on 23-06-2014 confirmed your statement, he told The Edge that the India power plant is expected to contribute between RM60mil and RM80mil to its bottom line from 2015/16. Now my question to you – Is this profit before or after tax? Do Mudajaya require to pay taxes in India, Malaysia?

Mudajaya’s Ng Ying Loong told a press 7 years ago or so that he saw the India Power Plant as a stepping stone to securing more projects in India. But has this taken place?

Infrastructures are booming in this country. The Government are really spending serious money for the MRT, power plants, highways, etc. Why Mudajaya have failed to replenish its book order? Recent letdown for Mudajaya was losing out the co-generation power plant civil works tender (RM300m-400m) for Rapid. CIMB Research House have on 28-05-2014 reported that the group are no longer keen on pursuing the RM500m civil works for Track 3A. Kidex is unlikely to materialise anytime soon. No news on Track 3B power plant civil works is causing a lot of concerns for investor. Uncle Koon, can you please shed some light on this "depleting book order" problem?

I appreciate your comments. Thanks.

Posted by Koon Yew Yin > 2014-07-05 15:02 | Report Abuse

Pak Lah, Only Allah can answer all your questions.

Posted by koonpastsix > 2014-07-05 15:23 |

Post removed.Why?

Posted by sense maker > 2014-07-05 15:30 | Report Abuse

Bottom line is right at the bottom and means profit after tax, if taken literally.

India is fraught with corruption and red tape, which should explain part of the long delay in the power plant completion.

Shareholders of Mudajaya may take heart from the Modi's effects. Ever since he came into power, everything in India perks up, much like what Abe has helped Japan's economy.

Construction and infrastructure companies are capital intensive, would not be valued at high PE multiples, except for companies with good track record of securing big orders and sustainable earnings stream.

The income from India power plant will boost its EPS to around 30sen in the future. If that happens, the key therefore is what other projects will Mudajaya bank on to sustain the 30 EPS a year.

Mudajaya pays consistent dividend and is not highly geared. At RM2.40 to RM3, this share looks fairly valued.

Posted by tc2012 > 2014-07-05 17:55 | Report Abuse

Oudated info.This video is uploaded to you-tube on 2009 june 16.I dont understand what you are trying to proof ???

Posted by tc2012 > 2014-07-05 19:07 | Report Abuse

Probably , The mudajaya sharholders should save themselves to appoint you as CEO.Everything will be OK if go according to what you say.Big & small semua makan

Posted by fong7 > 2014-07-05 19:12 | Report Abuse

choose the low margin jobs, once unexpected failure happens, the risk is higher. Hold the (cash) power and wait for good margin jobs opportunity to come and then invest fiercely, look for long term return such as its recent years investment target on power plants. I'm looking good on it. A construction company is usually valued at PE below 10x, where a power/energy company valued at PE 12x or above, there is a reason for this valuation. Mudajaya has been giving steady dividend since I started buying it many years ago, so I don't mind to hold it until the day majority of its income comes from power plants' recurring income stream.

Posted by lkoky > 2014-07-05 19:20 | Report Abuse

RM 70million/year == 0.13 eps

Posted by Tanleechoo > 2014-07-07 01:21 | Report Abuse

The forex risk has to been taken into account ..if Indian currency become weaker against riggit , the forecast profit will be affected

Posted by Koon Yew Yin > 2014-07-07 01:49 | Report Abuse

Pak Lah, I am sorry for being so sarcastic in telling you that only Allah can answer all your questions. Like any public listed company, Mudajaya has a investor relation officer who can answer all your questions.

Posted by Pak Lah > 2014-07-07 05:22 | Report Abuse

Uncle Koon, it is okay for me. When I re-visited the questions I posed, I’m all but agreeing with you that they were a bit silly. I was asking too much as if you owed me a favour. Having said that, I encourage you to continue to write.

Posted by speakup > 2014-07-07 07:44 | Report Abuse

Mudajaya gearing has increased, cash has decreased. Any reason why?

Posted by Koon Yew Yin > 2014-07-07 08:59 | Report Abuse

Pak Lah, the real reason why I was so sarcastic is because I was annoyed by one stupid idiot hiding behind the name koonpastsix who made an abusive comment. My intention in writing this article is help investors understand Mudajaya's Indian power project and to take advantage of this latest news to make money.

Like most investors, I was tired of waiting and I sold some at a higher price and recently I have been buying back. As I said many a time before, no share can continuously going up or coming down for whatever reason, we must take advantage of this phenomenon to make money.

Posted by lohman > 2014-07-07 09:47 | Report Abuse

Mr Koon, you can make RM millions on moderate price fluctuations of 10% or so on highlighted stocks because of your relatively high transaction volumes. Not so the rest of us who don't have the means to commit tens or a hundred million RM on a single counter, no matter how promising. To some extent, your trades do influence the stock price and some who have been negatively impacted may be justified to doubt your sincerity. I know you mean well but is it possible to tone down the shouting about how much you bought at the cheap sale and how much you will make in future? The information sharing is very much appreciated but not so much what seems like bragging. Excuse my forthrightness and thank you for your understanding.

Posted by Koon Yew Yin > 2014-07-07 10:06 | Report Abuse

Lohman, I appreciate and understand your comment. My main object in saying that I bought large amount of Jaya Tiasa and Mudajaya is to show my confidence in them, although it may sound like bragging. Can you imagine what the readers will say when the price of these 2 counters come down after I boasted? I will have to find a place to hide.

Posted by lohman > 2014-07-07 10:22 | Report Abuse

Mr Koon, no matter what you mean you say, some will misunderstand and some will get the execution wrong. And blame you, which is most unfair. I just don't like to see you maligned unnecessarily for good men are few and far between. Especially one who sticks to his principles. Have a good day.

Posted by lkoky > 2014-07-07 10:26 | Report Abuse

Mr. Koon, many thanks for sharing the info. Please keep up the good work and sharing.

Lohman, I think no matter how low / high profile Mr Koon posted his stock selection; sure will have one or two cowards will try to take a snipe on him. U just cant please everyone in this world.

Posted by Ricky Kiat > 2014-07-07 12:38 | Report Abuse

Uncle Koon,time will prove.i already prepare champagne .

Posted by kkng0819kk > 2014-07-07 17:52 | Report Abuse

Mr Koon-good health and good luck to you

Posted by facai > 2014-07-07 22:59 | Report Abuse

Good article to share...
If the shares are not known to many investors, in other words they are below the radar, then any fundamental result would have a minimal effect on the shares simply because there are not going to be many investor affected by it. That is why research reports and newspaper highlights are crucial. That is why investor relationship are vital for any publicly listed company.
just that we have to remember that a correct analysis does not guarantee you a profit in the stock market. It simply gives you a chance at making a profit when everyone else catches up with your findings AND you have enough staying power to wait when they do.
http://mymusingsmalaysia.blogspot.com/2014/07/share-price-demand-supply-and.html

Posted by vijay > 2014-07-08 23:43 | Report Abuse

MrKoon,thanks for sharing the info and keep it coming.We are responsible for our actions at the end

Posted by bigdigkai > 2014-07-09 16:28 | Report Abuse

Dear Mr Koon, i have a question that i just can't get my head around, and i don't think i can find real answer from internet... so, may i ask this: why do rich people in their elder years still spend time pursuing more wealth? If happiness is the ultimate goal in life, do we really need that much money for it?

Posted by Koon Yew Yin > 2014-07-09 17:37 | Report Abuse

bigdigkai, I think you would like me to answer your question which should be interesting to all the readers.

At my age, I want to make more money to give it away to help poor people which makes me happy. In fact, I have written in my will that I will give Rm one million to each of my 7 dependants and the remaining of all my wealth will be for charity.

While I am doing it, I also help investors to buy good stocks with good profit growth prospect. For example this article which I posted a few days ago. Since its publication, the price has been going up with heavy volume.

Another example is Jaya Tiasa, when I recommended buy a few months ago, it was selling about Rm 2.10.

Very often, good share like Mudajaya, remained depressed for many years because investors are tired of waiting for good news and they sold their holdings.

It explains the frustrations of investors trading on fundamental analysis and valuation as to why sometimes despite the wonderful fundamental results, the share price does not budge, or worse drops. It is because it failed to increase expectations.

Expectations are a function of the number of investors and their expectation level.

If the shares are not known to many investors, in other words they are below the radar, then any fundamental result would have a minimal effect on the shares simply because there are not going to be many investor affected by it. That is why research reports and newspaper highlights are crucial. That is why investor relationship are vital for any publicly listed company.

If we have discovered a gem of a share based on our own fundamental analysis, no matter how accurate our calculations were, it would mean nothing if our expectations are not shared by others. Not that we are wrong or anything, it is simply that other are not aware or worse not interested.

I must admit that when the price of Mudajaya and Jaya Tiasa goes up, I feel so satisfied and happy knowing that I have help investor and myself make some profit.

bigdickkai, have I answered your question?

Posted by Koonbigfatliar > 2014-07-09 18:30 |

Post removed.Why?

Posted by Koonbigfatliar > 2014-07-09 18:31 |

Post removed.Why?

Posted by Koon Yew Yin > 2014-07-09 18:39 | Report Abuse

Koonbigfatliar, why don't you use your real name? Judging from what you wrote, all readers know how successful you are. I am sure your friends know how successful you are.

Why don't you write some thing for us to judge you. Educated people do not behave like you.

Posted by kooncructhes > 2014-07-09 18:46 |

Post removed.Why?

Posted by cy1988 > 2014-07-09 19:28 | Report Abuse

any idea of plantation stock?seem very depress especially th plantation.

Posted by dgtalkid > 2014-07-09 20:31 | Report Abuse

In this world that we all live in, we should always strive to help others if we are fortunate. The questions posed above can also be asked to Warren Buffet who is among the top richest people in the world & has donated a bulk of his fortune to charitable causes. Do your do best & help others. In this case, Mr Koon has proven himself to be a philanthropist & is helping the unfortunate with the wealth that he has accumulated, because of his passion. It's not really about the money. It is doing what he is passionate about & making money in the process, which enables him to help others. We all should strive to contribute how ever we can. No need for hostile statements above. Just do your best, live life & help the unfortunate. Remember that our children will inherit this world. Do we want it to be filled with hate & distrust?

Posted by Bs1688 > 2014-07-09 22:03 | Report Abuse

Well said, do good , get good karma.

Posted by Koon Yew Yin > 2014-07-09 23:18 | Report Abuse

cy1988, I am accumulating TH Plantation when there are lots of sellers. I think I have been the largest buyer in the last few weeks. Today I could buy it at Rm 2.00. I strongly believe the result for the next few quarters will show increased profit. It is the cheapest in terms of market Cap per ha.

Posted by yongbm > 2014-07-10 02:22 | Report Abuse

Mr. Koon, I really enjoy reading your commentary on politics. You have a very sharp mind and you are able to accurately analyze and assess a situation based on facts and figures. I would like to humbly request if you could write a piece on the handling of the current Water Crisis by the Selangor MB, Tan Sri Khalid. Hr has maintained that he is doing what he is doing in the interest of the public. Despite this, we have prominent opposition such as Tony Pua criticizing his actions.

I am very interested to know your thoughts on the situation and whether did the MB do the right thing and got a good deal for the people of Selangor (which I am a resident of). The Star recently reported a piece to 'support' TS Khalid by saying that we need more selfless politicians like him. It seemed to me that the article is biased towards putting the opposition in a bad light. What do you think of it? Is the MB really as selfless they claim and was his moves (to acquire Syabas among others) makes sense?

Thanks!

Posted by zamsaham > 2014-07-12 16:45 | Report Abuse

KYY - thanks for the write-up. Appreciate to see a real Dato in this website, a rare finding i must say.

Posted by Koon Yew Yin > 2014-07-12 16:59 | Report Abuse

zamsaham, who is a real Dato you mentioned? I am not a Dato. In fact, I have rejected a Datoship offer before. If I am a Dato, I cannot criticize the BN government for all its wrong doings.

Posted by zamsaham > 2014-07-13 22:24 | Report Abuse

KYY - apologize for the mixed up.

Anyway. great to have you here.

Posted by barbarian > 2014-07-13 22:27 | Report Abuse

Datuk in malaysia doesn't mean anything anymore......kekeke
My father also Datuk....many grandchildren ...lol

Posted by Pitochu > 2014-07-13 22:40 | Report Abuse

Looks like another pendatang doing well....after the other won Master Chef....

http://www.malaysia-chronicle.com/index.php?option=com_k2&view=item&id=320382:well-done-msian-surgeon-dr-james-leong-leads-aussie-team-to-give-filipino-boy-a-new-face&Itemid=2#axzz37MKtZMlH

http://www.mirror.co.uk/tv/tv-news/masterchef-2014-winner-ping-coombes-3554594

Posted by speakup > 2014-07-13 23:03 | Report Abuse

Dato title is not important. What is important is character, integrity, honesty, loyalty and fairness. Some datos are OK, but some really dont deserve them.

Posted by yfchong > 2014-07-13 23:09 | Report Abuse

Wah the 5 items named here in the practice n qualities of leadership noted by john c maxwell.

Posted by speakup > 2014-07-13 23:19 | Report Abuse

dato title should only be given to people who contribute to society but not in a monetary way. No point pay your way for a dato title.

Posted by johnny cash > 2014-07-13 23:54 |

Post removed.Why?

Posted by johnny cash > 2014-07-13 23:57 | Report Abuse

it is thru communism then society will learn the meaning of freedom n etc... society needs to learn a hard way...easy ways it does not understand

Posted by andrewphang > 2014-07-14 00:01 |

Post removed.Why?

Posted by Pitochu > 2014-07-14 00:12 | Report Abuse

Walao....Communism ve terrorism ??

Posted by benson911 > 2014-08-04 17:55 | Report Abuse

Current market cap is RM1.35B, in 2007, market cap from above research paper RM0.57B., alr up around 2.36 times.....

Posted by matakuda > 2014-08-04 17:59 | Report Abuse

Tp 3.20 in September 2014?

Posted by vinext > 2014-08-05 04:29 | Report Abuse

so long didnt come here to read, rm76m x 26% la,not 76m

Posted by homosapien > 2014-08-10 18:15 | Report Abuse

Mr kYY, i have bought mudajaya...

Posted by Adrian Tan > 2014-09-26 18:29 | Report Abuse

Hi. May i knw what's ur opinion regarding Mudajaya now,since the situation of power plant in India is not so bright.

Posted by vinext > 2014-10-22 03:24 | Report Abuse

MUDAJAYA is in the process of transforming into a powerhouse,says a friend. Well time will tell then. 1MDB has wun 3 IPP, mudaJaya stands a good chance to build them,also kidex. The prop division wil contribute 10% of the profit (demolish tropicana office and re-develop into other type of prop for sale)