Congratulations to those who have bought around 0.185 - 0.19 at the end of Sept 2019, you have unrealised profits of 160 %. If you have bought 100k at 0.19, you would have made 300 k just within 5 months.
Mudajaya have fully written off in previous quarter result of all its investment worth more than RM 400m in RKM power plant. Now with recommencement power plant, any profit and cash flow generated will be net surplus to mudajaya.
Aside coal power plant in india, mudajaya also own 2 solar Ipp in malaysia with capacity 10 MW and 49 MW, both with 21 year concenssion.
impairment of rm400 mill, equivalent to 0.66/ share . If divest of this investment, can get back cash of RM400 mill.Fair price should be RM0.18 (lowest)+0.66 =0.84 Is that correct ? .
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....
yoyo
496 posts
Posted by yoyo > 2020-02-04 12:32 | Report Abuse
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