Mudajaya Group Bhd shares rose to its six-month peak of 35 sen today, ahead of the release of a possible corporate exercise announcement this week, theedgemarkets.com was told.
At 4pm, the stock was traded 12 sen or 57.14% higher at 33 sen, and volume had ballooned to a whopping 71.13 million shares, exceeding its 200-day average of 455,154 shares.
High? before india IPP firing the price was above RM1, now all 4 plants started COD and all receivables and equity account already fully written off, no more losses from associates in coming quarters.
Mudajaya Corp Bhd has been granted a Worldwide Mareva Injunction up to the value of RM49.31 million as well as Ancillary Orders prohibiting its former employee and three other individuals from any dissipation of assets.
This order is also to prohibit any third party from knowingly assisting or permitting a breach of the order until the disposal of the full trial, Mudajaya Group Bhd said in a filing with Bursa Malaysia today, adding that the case involving its unit will now proceed to full trial.
This banglajaya i noticed for few years already, for those who buy in low pls sell immediately when u earn some, in very soon this banglajaya will drop bc to where it should be or even lower.
Monkey show again, not awarded any decent project, loss in india power plant, loss in court case manjung power plant, loss here loss there....
Faster sell off for those who buy in low, this is my sincere advice.
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....
Davidl
1,816 posts
Posted by Davidl > 2019-10-31 01:08 | Report Abuse
Easily break 40cts now!