Posted by charles pang kah keet > 2016-11-25 12:13 | Report Abuse

+0.18SEN

Posted by tan5995 > 2016-11-25 14:23 | Report Abuse

有梦是好事， ha ha ha !

Posted by cmc850 > 2016-11-25 16:55 | Report Abuse

Waaaa, sooo goood mudajaya finally donate us 0.005

Posted by heaven123 > 2016-11-26 11:24 | Report Abuse

Good start..

Posted by kevin5059 > 2016-11-28 15:07 | Report Abuse

From RKM Powergen staff, Unit 1 might fire up tomorrow! 29 Nov. Let's pray for nothing else to happen.

Posted by Alfonso > 2016-11-28 15:35 | Report Abuse

ok...the time is almost ready for me to sapu kau kau BOD I'm coming now f u all

Posted by johnny cash > 2016-11-28 16:44 | Report Abuse

kevin5059,,, are you joking or serious kevin???????????????????????

Posted by johnny cash > 2016-11-28 16:45 | Report Abuse

any ideas on how to search for RKM Powergen staffs,, on facebook?????????? anybody here can give some ideas please

Posted by johnny cash > 2016-11-28 16:46 | Report Abuse

we cannot just sit and wait for this company announcement,, by then will be late already

Posted by Aleo Low > 2016-11-29 00:55 | Report Abuse

Anyone hold from 2.50?

Posted by cmc850 > 2016-11-29 06:49 | Report Abuse

2.20. Die die

Posted by Ehl1964 > 2016-11-29 10:52 | Report Abuse

Thank you Kevin5059 for your kindness information.

Posted by davidkkw79 > 2016-11-29 18:31 | Report Abuse

Very chun chun result! http://www.bursamalaysia.com/market/listed-companies/company-announcements/5275273

Posted by lkoky > 2016-11-29 18:34 | Report Abuse

indeed, chun chun results

Posted by nkk53 > 2016-11-29 18:36 | Report Abuse

Lost money again

Posted by lazycat > 2016-11-29 18:43 | Report Abuse

wa holland liao

Posted by lkoky > 2016-11-29 18:55 | Report Abuse

can any accounting expert explain waht the following thw sentences means?

All losses at teh India Power Plant has been realised or recognised?

"""LBT in the current quarter was mainly due to equity accounting of associate losses from RKM."""

"""interest costs previously capitalized during construction could no longer be capitalized after COD"""

Posted by lazycat > 2016-11-29 19:01 | Report Abuse

my momma hold from RM2++ :D lol last year she follow my call to buy at 90c and sell at 1.20 but her original stake is around RM2++

Posted by Jon Choivo > 2016-11-29 19:02 | Report Abuse

Just the loss for the quarter is realized, not all. It does not go into detail. If the company thinks the project is a loss, the entire loss should be recognized, but considering how long its fallen, its not.

Second bit, interest cost that was incurred after COD (Confirmed Operating Date) cannot be capitalized, so you'd see a bigger drop in profit basically. But the plant should be operating then, so it might be offset-ted by the revenue or profit (if any).

Good luck.

Posted by Flintstones > 2016-11-29 19:18 | Report Abuse

The end of Mudajaya is near. I read so many quarterly reports and not once the management mentioned about the power plant in India. And in this latest quarterly report, the management finally come clean with the White Elephant, providing investors with a generous share of what really happened in the land north. To me, this implies that the management knows the project in India is really out of control from now on. Now, I think the management is just trying to protect the rice bowl. Revealing so much information regarding the India project only tell us that the management is looking for a scapegoat.

I really pity the shareholders here. So much value was destroyed by the incapable management at the top. If I were an Malaysian institutional fund like EPF or KWAP, I will start approaching their management to negotiate whether they like to sell their office tower located in a prime location.

Posted by YiStock > 2016-11-29 19:48 | Report Abuse

and a quarter with incomplete inf0 too...i hate company with incomplete info.

Posted by necro > 2016-11-29 21:25 | Report Abuse

Once a MudaJAYA now turn to MudahGAGAL
where is SC?...

Don't wanna investigate?

Posted by kuengkucheng > 2016-11-30 09:49 | Report Abuse

trading under net net ...continue dump will see value...

Posted by ltw1123 > 2016-11-30 09:51 | Report Abuse

Lousy lousy... Gone case.

Posted by Alfonso > 2016-11-30 09:52 | Report Abuse

oh no...the end of empirer Mudajaya is coming soon...good bye to my hard-earned money...

Posted by kuengkucheng > 2016-11-30 09:52 | Report Abuse

the bright spot in 9M16 was the 41% on-year growth in construction revenue on the back of an RM1.3bil outstanding order book, which included the RM1.3bil Pan Borneo Sarawak package to the Musyati-Mudajaya JV.

Posted by Alfonso > 2016-11-30 09:53 | Report Abuse

Credit to manggalas, monkeys and fanpos in Mudajaya...without u guys, there is no today.

Posted by latjiu > 2016-11-30 09:53 | Report Abuse

cut loss, speechless, sorry and goodbye mudajaya

Posted by kuengkucheng > 2016-11-30 09:54 | Report Abuse

The stock depreciated 32% in the past 12 months. What could emerge as a silver lining is better success rate for its tender book, which comprises an MRT 2 package, new building jobs, various road projects in Penang, potential new domestic solar farm venture, and potential variation order claims for its existing contract in Petronas’s refinery and petrochemical integrated development project. 

“Based on our blue skies scenario estimate, it could secure up to RM800mil in new jobs in the medium term,” it said.

The stock depreciated 32% in the past 12 months. What could emerge as a silver lining is better success rate for its tender book, which comprises an MRT 2 package, new building jobs, various road projects in Penang, potential new domestic solar farm venture, and potential variation order claims for its existing contract in Petronas’s refinery and petrochemical integrated development project. 

“Based on our blue skies scenario estimate, it could secure up to RM800mil in new jobs in the medium term,” it said.

Posted by Alfonso > 2016-11-30 09:55 | Report Abuse

Si Koon Koon also got no face and eyes to look at this ashold company

Posted by Alfonso > 2016-11-30 10:02 | Report Abuse

Suggest Mcb to sell off the Menara Mudajaya and shift to some low cost rental office, put down your face and start from zero again, keep it up bro~

Posted by nkk53 > 2016-11-30 10:06 | Report Abuse

All the old and good and loyal managers had left the com since Mulpha took control of mudahaha...ha...ha

Posted by nkk53 > 2016-11-30 10:10 | Report Abuse

trapped at 0.90 2 wks ago.Now try to exit with min blood

Posted by charles pang kah keet > 2016-11-30 10:13 | Report Abuse

RESULTS COMEOUT BAD THAN THAT, SO INVESTOR PUSH DOWN THE PRICE, DONT WORRY, THE MUDAJAYA HAVE ALOT OF ASSET CAN COVER THE LOSSES.

Posted by charles pang kah keet > 2016-11-30 10:13 | Report Abuse

TEMPOPARY KEEPTHE SHARE, DONT SELL. AT 6 MONTH WILL COVER UP BACT AT 0"95-1.00SEN ABOVE.

Posted by nkk53 > 2016-11-30 10:14 | Report Abuse

This James bodoh know how to run a construction com or not?????

Posted by charles pang kah keet > 2016-11-30 10:19 | Report Abuse

MR KANG INVES TOR OFFICER TOLD TO ME,COMPANY WIILL SETTLE THIS LOSSES MONEY IN INDIA POWE PLAN , ASSET COMPANY HAVE ALOT.

Posted by charles pang kah keet > 2016-11-30 10:21 | Report Abuse

CALL HOTLINE 0378067899 TO CALL THE MUDAJAYA compaNY INCHARGE PERSON ENQUIRY THE SHAre price big drop.

Posted by HeartBreakKid > 2016-11-30 10:40 | Report Abuse

Confirm going to hit rock bottom. Mudajaya should not have entered power business as they have no knowledge about power industry. In fact they should start to negotiate to sell of their stocks in India because the longer they wait, the higher the depreciation and the more to lose. It doesn't mean that if they fire all four units, the offer is going to be better as depreciation plays a major part in determining the price of the plant.

Posted by 400523 > 2016-11-30 10:55 | Report Abuse

The groups outstanding order book and recent huge borrowings cannot make up for the losses incurred or to be incurred in the future as profit margin is presumably thin...and banks loans to this profitable sector are usually "ring fenced" meaning cannot be used for any other project.

Posted by 400523 > 2016-11-30 10:57 | Report Abuse

Sad another Malaysian company hit by the "Big Project" in India/China syndrome. Not enough thought put to the pitfalls that can happen...of course easy to say on hindsight...I lost a lot and am still very sad....

Posted by 400523 > 2016-11-30 11:04 | Report Abuse

Actually...strictly speaking...If Mudajaya did indeed guarantee the entire loan for the partnership...they should have reported it in the Contingent liabilities in their audited accounts...so maybe there is still hope that they are only liable for their 26% portion of the partnership liabilities

Posted by 400523 > 2016-11-30 11:04 | Report Abuse

All above is my unprofessional opinions ok

Posted by CharlesT > 2016-11-30 11:23 | Report Abuse

Koon has a JV with Mudajaya in India to supply charcoal to the power plant n he ran away in 2014.

What do u think?

Posted by charles pang kah keet > 2016-11-30 11:39 | Report Abuse

dont sell everyone shareholder of mudagroup..i think tempopary company will improve at the market.

Posted by HeartBreakKid > 2016-11-30 12:01 | Report Abuse

The only way to salvage the remaining company is to sell the power plant stake in India else sell the assets in Malaysia to recover the lost. Unless the company show any of this action or booking orders in Billions (which seems impossible), the share price will continue to depreciate.

Posted by Colin Gerard Gomez > 2016-11-30 12:28 | Report Abuse

Nobody knows if there were clauses in the Indan Power contract to safegaurd against delays cost overruns etc...also power purchase agreements...

Posted by Colin Gerard Gomez > 2016-11-30 12:31 | Report Abuse

The power plants do have value...but still incomplete and dono if banks can wait...dono if state govt can buy over...or sell to fairfax who have the financial clout.

Posted by Colin Gerard Gomez > 2016-11-30 12:32 | Report Abuse

If banks cant wait...liquidation will take years...that is what is at stake here in my opinion.

Posted by Colin Gerard Gomez > 2016-11-30 12:38 | Report Abuse

How did such a huge volume oh shares get sold this morning...who is selling??? Other tha retail investers? Mulpha?