Wong did also mentioned cautous that one should not get too optimistic of thé situation yet because thé way business is doné in indian can be quite unpredictable.
They also said, minus indian project, they still can survive..this company is a very secretive tight lip company, they will not share any advance coming news with retailers, but they will share among their own CLANS, example their old MD s...their intention and goodness is only tailored for the needs of their CLANS,, example in the recent run up from 80 cent level, their old MD s and other of their clans position themself earlier, they bought the shares... But retailers were kept in the dark, till the price hit 1.60 level, then only the announcement took place, but by then it was late, already started consolidating.. why till today, the style of market play is only tailored for the needs of big fishes, in this case the big fishes are RHB and the clans of mudajaya..why we retailers only eats, the last flesh on the bone? The whole concept of market play is at fault, what our security commission are doing, are they sleeping? Thanks just my oppinion, can be right or wrong
Why this star write up took place now, during their negative earning report... What mudajaya was doing during other times, are they sleeping, they should be always communicating with their retail investors, but they are not bothered off.. their whole business actually is only being tailored for the benefits of their own CLANS... nowonder, all analysts from different research houses, does not like to cover up this stock, cause they does not tell the truth on what actually is happening, to this research houses..
Be careful. India power plant unit 1 unable to generate 350MW so far, daily output is around 230MW and always break down with funny problems. They are unable to make profit under current situations (lousy machine, lousy management n frequently break down).
Last time they don't have PPA, now they got PPA but unable to supply 350MW to uttar prudish, what a shit management team and you all still hope FOR new PPA to Unit 2.
I hope sincerely if they can remove or just sell their powerplant project in india to other parties.. they did mention in the star, without the indian project, they can still survive
Pls refer to INDIA CEA DAILY GENERATION REPORT, choose date, then subtitle 2 and page 15, read every day report since 15th Feb 2017 until 31st May, then you will be surprised on so many technical problems happened during this period. Don't ever trust what they said, they will bring you to Holland.
There is no continueous positive announcement, first usually they announce something positive, then after few days something negative..all this are pre planned things only their inner Clan circle will know bout this, but general retailers will be kept in the dark
They must pay more attention on selling their indian powerplant to other parties, and pay more attention on local projects, why wasting time on overseas markets, searching projects overseas
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 !!
half_water, pls look again at daily generation report dated 4 June under Uchpinda TPP unit 2 still has "no power purchase agreement". Maybe I am looking at the wrong data/report.
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
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Posted by heaven123 > 2017-06-03 20:54 | Report Abuse
Wong did also mentioned cautous that one should not get too optimistic of thé situation yet because thé way business is doné in indian can be quite unpredictable.