MUDAJAYA GROUP BHD

KLSE (MYR): MUDAJYA (5085)

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Last Price

0.095

Today's Change

-0.005 (5.00%)

Day's Change

0.095 - 0.10

Trading Volume

97,600


22 people like this.

10,343 comment(s). Last comment by koyokui 3 days ago

johnny cash

6,400 posts

Posted by johnny cash > 2017-04-02 13:33 | Report Abuse

Want to communicate with experts on mudajaya in this forum, please communicate with me at +60193629402,, my whatsapp no, thank you very much

120453

712 posts

Posted by 120453 > 2017-04-03 15:26 | Report Abuse

Coming

johnny cash

6,400 posts

Posted by johnny cash > 2017-04-03 16:46 | Report Abuse

So what is the News that is pushing this counter up now?

johnny cash

6,400 posts

Posted by johnny cash > 2017-04-03 16:47 | Report Abuse

Without news no uptrend ma?

120453

712 posts

Posted by 120453 > 2017-04-03 16:53 | Report Abuse

Something is brewing ....

johnny cash

6,400 posts

Posted by johnny cash > 2017-04-03 17:10 | Report Abuse

Old news 3rd of march, i think it is related to selling of power soon

johnny cash

6,400 posts

Posted by johnny cash > 2017-04-03 17:36 | Report Abuse

Dated 17 of march

nkk53

1,426 posts

Posted by nkk53 > 2017-04-03 18:16 | Report Abuse

Keep rising and dun sleep anymore.Muda dan jaya

Posted by charles pang kah keet > 2017-04-03 18:18 | Report Abuse

hope will reach at 1,30sen above....

Posted by charles pang kah keet > 2017-04-03 18:19 | Report Abuse

how about with metronic global berhad 0043 0.07sen? and pdz holding 6254 0:07sen?

Posted by charles pang kah keet > 2017-04-03 18:20 | Report Abuse

can take to investfor 2 counter?

ran777rpt

2,945 posts

Posted by ran777rpt > 2017-04-04 13:42 | Report Abuse

RM 58 mil LRT3 line awarded. Congratulation Mudajaya Menara MCB team.

hng33

20,491 posts

Posted by hng33 > 2017-04-04 14:34 | Report Abuse

bought mudajaya at 1.07

hng33

20,491 posts

Posted by hng33 > 2017-04-04 14:36 | Report Abuse

The Board of Directors of Mudajaya is pleased to announce that MCB has on 3 April 2017, received a letter of notification from RKM stating that its Unit 1 has commenced the sale of 200 Mega Watts (“MW”) to several power distribution companies in the State of Uttar Pradesh from 2 April 2017 based on a schedule to supply from Uttar Pradesh Power Corporation Ltd (“UPPCL”) dated 31 March 2017 pursuant to the Power Purchase Agreement dated 15 March 2016. The balance of 150 MW will commence pending an approval from UPPCL subsequent to the Champa-Kurukshetra 800 kV HCDC pole and 765 kV Jaipur-Bhiwani transmission line which was commissioned recently as notified by Power Grid Corporation of India Limited to RKM on 27 March 2017.

The power sales commencement is expected to contribute positively to the earnings of the Group for the financial year ending 2017 moving forward.



This announcement is dated 4 April 2017

Ehl1964

980 posts

Posted by Ehl1964 > 2017-04-04 14:39 | Report Abuse

bought 1000lots @1.08

Ehl1964

980 posts

Posted by Ehl1964 > 2017-04-04 14:41 | Report Abuse

Write a comment..Aim for 500k profit.

Posted by speedlikecy > 2017-04-04 14:48 | Report Abuse

Haha hng33 can see u everywhere:)

hng33

20,491 posts

Posted by hng33 > 2017-04-04 15:10 | Report Abuse

GOOOOOOOOOOOOOOOOOOOOOOOOO

hng33

20,491 posts

Posted by hng33 > 2017-04-04 15:15 | Report Abuse

sold off all mudajaya at 1.14, lock handsome contra gain first

120453

712 posts

Posted by 120453 > 2017-04-04 15:28 | Report Abuse

Great. Wait for follow through announcement and the price will continue to trend up.... TP 1.50

johnny cash

6,400 posts

Posted by johnny cash > 2017-04-04 15:32 | Report Abuse

Rerating upwards will be there but how much, maybe 1.50 ha? Guys give your oppinion please

johnny cash

6,400 posts

Posted by johnny cash > 2017-04-04 15:33 | Report Abuse

Do CIMB RESEARCH still cover up mudajaya??

120453

712 posts

Posted by 120453 > 2017-04-04 15:43 | Report Abuse

2.0 by year end

johnny cash

6,400 posts

Posted by johnny cash > 2017-04-04 16:10 | Report Abuse

Ok thanks 120453 for your oppinion

120453

712 posts

Posted by 120453 > 2017-04-04 16:35 | Report Abuse

Re-rating should happen anytime and fund managers may add this to their portfolio and book order is strong..... Huat ar!

Ehl1964

980 posts

Posted by Ehl1964 > 2017-04-04 16:36 | Report Abuse

prepare to buy another 1000lots tomorrow.

Ehl1964

980 posts

Posted by Ehl1964 > 2017-04-04 16:59 | Report Abuse

Another MFCB in making.

Duitlai

307 posts

Posted by Duitlai > 2017-04-04 17:12 | Report Abuse

Engine start for MUDA

Posted by shunfeng2032 > 2017-04-04 17:13 | Report Abuse

Timing just right.

Shellhouse

641 posts

Posted by Shellhouse > 2017-04-04 17:21 | Report Abuse

Took them long enough.

the train has finally arrived.

CharlesT

14,945 posts

Posted by CharlesT > 2017-04-04 18:09 | Report Abuse

This announcement is dated 17 March 2016.

We refer to our announcements dated 31 October 2006 and 13 May 2009 in relation to Mudajaya Corporation Berhad’s investment in R.K.M Powergen Private Limited ("RKM").



As for the sale of power to the Chhattisgarh State Electricity Board and PTC India Limited as announced on 31 October 2006 and 13 May 2009 pursuant to the Power Purchase Agreements (“PPAs”) respectively, the terms are being renegotiated by both RKM and the relevant parties which have yet to be finalised.



For Phase 1 of the IPP Project comprising Unit 1, the Board of Directors of Mudajaya is pleased to announce that its 26% owned associated company, RKM in India has notified Mudajaya Corporation Berhad on 16 March 2016 that it has entered into a PPA for 25 years with several power distribution companies in the State of Uttar Pradesh on 15 March 2016 for the sale of 350 MW where the commercial delivery is targeted for October 2016. However, both parties are in discussion for an early supply of electricity as allowed under the PPA, and RKM is confident that in anticipation of the higher demand for power during the summer period, Unit 1 will commence commercial delivery soon.



The power plant has a total capacity of 1,440 MW consisting of 4 generating units of 360 MW each with the development phases comprising Phase 1 (Unit 1) and Phase 2 (Units 2, 3 and 4). RKM has also confirmed on 16 March 2016 that Units 1 and 2 have achieved the commercial operation date and are ready to commence the sale of power. The negotiation for the PPA for Unit 2 is in progress and is expected to be concluded soon. Units 3 and 4 are still work in progress.

The successful commissioning and commercial operations of Units 1 and 2 mark a significant milestone for the Group’s participation in the power sector in India after lengthy delays.

CharlesT

14,945 posts

Posted by CharlesT > 2017-04-04 18:09 | Report Abuse

This announcement is dated 3 March 2017.

We refer to our announcement dated 28 February 2017 on the status of the Joint Venture between R K Powergen Private Limited and Mudajaya Corporation Berhad (“MCB”), a wholly-owned subsidiary of Mudajaya for a coal-fired Independent Power Producer project in the State of Chhattisgarh, India.

We wish to inform that MCB has on 3 March 2017, received a letter of notification from R.K.M Powergen Private Limited (“RKM”) on its intention to supply power generated from Units 1 & 2 to Uttar Pradesh Power Corporation Ltd (“UPPCL”) with whom RKM has executed a Power Purchase Agreement for the supply of 350 MW power. The tariff was approved by Uttar Pradesh Electricity Regulatory Commission (“UPERC”) on 1 February 2017. Subsequently, UPPCL filed a Review Petition seeking certain modifications. Upon the passing of orders by UPERC on the Review Petition, UPPCL will issue the Notice of Despatch for the commencement of power supply by RKM. In preparation for the supply of power to UPPCL, Unit 1 was in operation for testing purposes and has been selling power generated to the Indian Energy Exchange.

Further announcement on any material development of the above matter will be made to Bursa Malaysia Securities Berhad in due course.

120453

712 posts

Posted by 120453 > 2017-04-04 19:42 | Report Abuse

Buy

120453

712 posts

Posted by 120453 > 2017-04-04 19:42 | Report Abuse

Really wish 400523 still with us

johnny cash

6,400 posts

Posted by johnny cash > 2017-04-04 20:01 | Report Abuse

Is 400523 still active?

johnny cash

6,400 posts

Posted by johnny cash > 2017-04-04 20:03 | Report Abuse

Maybe already left ha, very nice person with good tips always

chrisyap

615 posts

Posted by chrisyap > 2017-04-04 21:06 | Report Abuse

power come again already haha

johnny cash

6,400 posts

Posted by johnny cash > 2017-04-04 21:12 | Report Abuse

There are also other factors to be seen example can they manage their debts, and start giving out good profit,, like before many years ago when they does not have debts at all

Ehl1964

980 posts

Posted by Ehl1964 > 2017-04-04 21:23 | Report Abuse

350MW can generate RM 1.0bil revenue per year

Ehl1964

980 posts

Posted by Ehl1964 > 2017-04-04 21:51 | Report Abuse

Revenue = 350000*0.34sen*24*365= RM1,042,440,000=1.04244bil

Posted by Rozali Che > 2017-04-04 22:03 | Report Abuse

Full throttle now

longvalley

2,287 posts

Posted by longvalley > 2017-04-05 07:47 | Report Abuse

Just buy n hold.....myide!

r°Moi

5,802 posts

Posted by r°Moi > 2017-04-05 08:35 | Report Abuse

One gets greenlight... like

Duitlai

307 posts

Posted by Duitlai > 2017-04-05 08:55 | Report Abuse

Good days ahead , engine starting firing

120453

712 posts

Posted by 120453 > 2017-04-05 09:07 | Report Abuse

emmmmmm. Shiok. Just cruise towards 1.50

chrisyap

615 posts

Posted by chrisyap > 2017-04-05 09:08 | Report Abuse

gosh, finally..

Ricky Kiat

1,356 posts

Posted by Ricky Kiat > 2017-04-05 09:38 | Report Abuse

dumb dumb buy more today ..cheers..(^-^)

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