Company debts are rising, but this zelan idiots keep on saying they can service the debts.. Big lies.. This company completely being fu.. k bady by indian business people.. In future if they this bastards are still surviving hope they pay more attention on local projects, eventhough the margin of profit is less, do not give the bums to be fu.. k by some overseas business people in india... Debts are rising, do not know how they are going to service their debts.. Stupid fu.. k up company even till today they does not have a well knowledge IR officer, who knows what is going on inside their company.. If you call this days their present IR officer mr kang won t pick up the phone.. He even directed the telephone operator, not to direct calls to his office. Real bastards they are
Did u guys see how sneaky this company??? Sneaky than any else creatures in the world. Their technique is to buy in a lot before any announcement of 95% unreliable news that only insiders know. Subsequently, they will hire broker to promote their company to cheat the naive investors to buy their share too. When the share price being rocketed up to few cents, they will sold out in bulk and the investors will always be loser.
#Mudabanglamampui, please cheat investors in a better and more creative way or else back to track and do not look for fast money, instead please face the reality and give your best. Try for smaller projects and always self-measured when tender for project. This is my sincere advice to the noob management team.
MACC Should investigate....how come ex Zelan management award sub con to crony company...a little digging can know already.....the management make money fr back door then declare loses....loser is share holder. they milk mudajaya dry till close shop.
Johnny, you still keep Mudajaya? I still remember since the day we bought together around Rm2.80 level, it has continuously been dropping until today. To the extend, Mulpha took action to disown it.
Johnny, I still remember I did send you an email alerting you that Mudajaya was selling its machineries which was published in a local daily. I also told you about risk in India power plant. The rest is history.
I truly hope you have sold all Mudajaya above Rm2.60.
Poor counter....really embarrassing and pity shity counter. People also lazy to comment this noob ash company. Embarrassment reached max level...adui puikawkaw!
True gold fears no fire: a person of integrity can stand severe tests. However, monkeys in MCB are pure MCBai, they chating, dancing and playing fool around only. Heaven pays off, mortal call it karma. RIP Bro.
From Top to low management all fooling around but the main culprint behind is still those managerial level above. Their level of laziness and kungfu taichi is much more greater than human in any world. I have been frequently met with them, so i know their barbarity clearly.
This company has been loss making since 2014. Their venture into the Indian IPP has backfired and now seems to be the one dragging its shareholders down. It doesn’t seem that management can turnaround the company at least not in the near term. Expect further losses in FY19.
Balance sheet looks a bit risky given the high quarterly losses that the company is currently facing. Debt is high at around RM 933.8mil and cash at around RM418.2mil which puts net gearing at 105.7%. This would be ok if the IPP in India is profitable and generating sufficient cash for the company but given the operational struggles (loses of RM142mil in 9m18), it is actually has become the main worries for the company since it started operating.
If you are looking to diversify your portfolio outside of Mudajaya (due to earnings weakness in the near future) I would recommend you to look at MBMR.
MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.5x PE (based on target FY18 PATAMI of RM145mil. 9m PATAMI is already RM106mil). PB is low at only 0.6x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.
For FY19 growth will be driven by the still high demand of new Myvi and the newly launched SUV and also the new Alza in 2H19.
Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. Most analysts have a TP of above RM3 for the company with Hong Leong being the lowest at RM3.13 and Maybank the highest at RM4.50.
frozen fish sometime can still alive after defrost but agreed to nkk, salted fish is always salted fish. somemore Mudabangla ni is kind of rotten tasteless salted assfish
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....
Angel of KLSE 大马股仙
382 posts
Posted by Angel of KLSE 大马股仙 > 2018-11-16 21:37 | Report Abuse
You had better run now