keep lah dont sell, i already ask the board director will support company to buy back share, pls stop to key sell share already, tq very much everybody.
I did contact benjamin and he said he will make announcement for the india power plant progress at the beginning of November 2016. But end out nothing. A big lier of mudajaya management.
now benjamin no give good reason, only said until this november come out result quater.he no give any comment. no responsible . mudajaya give me too despair.
hope more investor shareholder will brave to asking mr kang or mr beniamin, just request him when the company will stock dropping the share, hotline 0378067899.
Dear heaven 123 I am no insider...lost count how much I lost...anybody don't believe I lost more than 100K place your bet and I will prove to u. Only Fairfax can save the Indian venture...and that also at a loss to Mudajaya because of the poor bargaining power at the present time...at least investors won't loose their pants and company wont go under liquidation...I believe. Power will be back in demand in India...but for now sadly it's not there now. So long term investors like Fairfax have the financial clout to wait but will buy over the plants only if can make a solid profit from Mudajaya. They own about 15% and will be in their interest to save the comapny. My 5cts worth. Even though I tot of buying 2 lots at 86 cts... just to try and get back a few ringgit...I changed my mind.
Short term there is danger of capital controls as the ringgit is under tremendous pressure and intervention by BNM is limited as reserves are at 80% of what the world bank considers safe. 4.98 to the US dollar (maybank). Political risks added and the prospect of the afforesaid is looking more inevitable...which might trigger another market crash.....hope I am very wrong as all m'sians will be losers. Only if the price of oil moves to 50 and above...can we be saved.
I do hold a huge block of Mudajaya shares although price down trends. We can't avoid people sell at panic but still recover some better than zero value.
Take a look at the ringgit. What the French bank means is that if anything, Malaysia’s central bank would be selling the dollar to rescue the slide of the ringgit. This month, the ringgit has moved well below its 50-day moving average.
So what happened? “One possibility is that the PBoC swap line was tapped for dollar liquidity purposes.” Ah, so the Chinese may be bailing Malaysia out again.
suddenly in 4.30pm to comedown the pricing at 0:815, down 0:035 ,too bad. i think the company want to comedown the lower price to collection all the share mudajaya, i hear my friend said next week market will better than this week, hopefully.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
heaven123
1,900 posts
Posted by heaven123 > 2016-11-22 09:10 | Report Abuse
What a sad journey from a humble beginnings to collapse firm.