4u2c, this counter I believe in myself is for long term investment and you may have some "profit" realized in stages via its dividend...this is why I am still chill even though the price is up and down and down and down and up again...FYI I bought at 2.75 and received few cheques for its consistent dividends
Maybe in March 2014 they will delay test fire to Q2 2014, and then delay the full commission of all the balance 3 units to Q1 2015. Based on Mudajaya's track record, this is the likeliest scenario.
"The state cabinet, however, rejected L4-RKM Powergen (for 350Mw) which bid at the cost of Rs 5.088 per unit, due to its failure in meetings the commitments. Usmani said the state cabinet had decided to invoke company's bid bond of Rs 10.5 crore."
Yes, definitely poor earnings will continue in 2014. Projects coming to completion, no new projects = no new earnings. Delays in India = new recurring earnings is delayed.
Taking debts from bank could means something good. Maybe they already got project coming in in their pipeline, that's why they got the money ready from the bank. We do not know what actually brewing inside.
lately this counter is on downtrend,, i think some negative news is on the WAY...some big fishes knows the news so they are selling first,,we the public will only hear the news when it s too late already..this is just my oppinion only after seeing the weird behaviour of the stock
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....
4u2c
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Posted by 4u2c > 2013-11-28 21:49 | Report Abuse
Why did i buy this share ? Wrong analysis ....EPS weakening ......need to cut loss. i bought the warrants so pretty tough for me