WAIT NA, now it have to break 2.80 level,, so just wait more FA news will be coming,, once it cross 2.80 strongly,, then it is on uptrend.. phase 2 signing is also coming,,,winning contracts news will also be coming.. slowly instituitional bodies will start buying example epf,, who knows since this counter is already on FORBES maybe foreign investors like jp morgan will invest in it.. look what happen to muhibbah,, jp morgan were fiddling with it--buys n sells.. thanks be patience
those who entered this stock in early of 2011 when priced at close to RM 4 will be quite a waste of time because since then, price fluctuated in between 2.4 to 2.8..
in few weeks ahead more signing will take place,, maybe target price will be unlock by analysts,, maybe cimb analyst...so keep your fingers n toes cross
Mudajaya Group Bhd expects sale from its coal-fired thermal power plant in Chhattisgarh, India, to begin by the end of the year after it finally secured the coal supply for the first phase of the plant. The coal supply agreement had initially been expected to be signed by end-2012, but did not materialise due to a supply deadlock. The construction and energy player said that its 26% associate RKM Powergen Pte Ltd, which owns the Chhattisgarh plant, signed the coal supply agreement with South Eastern Coalfields Ltd for Phase 1 of the 4x360-MW power station. South Eastern Coalfields is a subsidiary of Coal India Ltd. “We expect the coal supply agreement for Phase 2 – which consists of the remaining 3x360-MW installed capacity – to be signed within the next few weeks,” Mudajaya said. (Starbiz)
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....
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Posted by stock > 2013-09-11 11:43 | Report Abuse
this counter immune to good news. any good news, does not have lasting reaction. haihz