really hope tuajaya will stop supporting its price by stopping its share buyback and let its price drops to the low that it should be so that investors, mostly long time, loyal, very patience, and misguided investors in tuajaya can get some at lower prices to average down.
let the price drops to the low that it should be so that investors, mostly long time, loyal, very patience, and misguided investors in tuajaya can get some at lower prices to average down.
you freaking share buyback have made the prices neither here nor there and making them cannot decide whether to sell or to buy... let it drop
Got few lots at RM2.60! With the positive election outcome factor in India, potential Kinrara-Damansara Expressway (Kidex) project and venture the Power business in indonesia... Juts worth to accumulate at low despite 1 shareholder alway disposed the share ( may due to company politic).
Hi AhMoi, with present price of RM2.60, it is worth for me to take risk to invest in Mudajaya. Further more, every quarter of 3% dividend is quite attractive as well if the share needs to hold for a awhile. For AZRB, i still keeo the eye on it, the strange thing is W up but the mother share down. This is definately control or manupilated by some one. Anyway, i do locked in few lots at RM0.715 for AZRB this morning.
The Board of Directors of Mudajaya is pleased to announce that Special Universal Sdn Bhd, a 60%-owned subsidiary of Mudajaya Energy Sdn Bhd, which in turn is a wholly-owned subsidiary of Mudajaya Corporation Berhad, which in turn is a wholly-owned subsidiary of the Company, has successfully completed and commissioned the 10MW solar energy power farm, located at Gebeng, Pahang.
The concession period for the 10MW Solar Energy Power Farm is for 21 years as per the Renewable Energy Power Purchase Agreements signed with Tenaga Nasional Berhad. The Feed-in Tariff Rates approved by the Sustainable Energy Development Authority Malaysia (“SEDA”) for Phase I and Phase II of the solar energy power development with 5MW each are RM0.9016/kWh and RM0.8295/kWh respectively.
The 10MW Solar Energy Power Farm will provide a recurrent income stream to the Group and is expected to contribute positively towards the earnings and net assets of the Group for the current and future years.
and, even if indian power plants can fire up, tuajaya is just making good its past mistakes
the main problem is tuajaya's projects in hand are running low and it cannot win new projects
might as well let the price drops, don't support with share buyback, let the price drops so that, at least, investors can average down, lower their cost while hoping, betting that tuajaya can win projects soon, which by no mean is certain... errrr... which in fact is rather uncertain
ah moi. I don't understand why need drop to average down. If you holding at hgh price, you can buy more to average down now. No need to wait for it drop further. I fully support mudajaya for share buyback. I do hold some mudajaya stk with average of 2.64. & i have average down to that price.
Titus, i fully agreed with you. We must true and believe what we are invested although some factors are out of our control. Else either better don't invest or just used as a lesson learned for future investment (just like tuition fee).
Ah moi, I get your point and please also note that there is alot more people having the same thought when you complete your averaging down. There will be never ending as there will always people wish it go lower & some hope it really crash too. The cycle will never end......get it?
Invest within your mean and if you think the stock is good, keep holding and buy more when it is down. It goes up, sell. If you think it is lousy stock, sell and don't look back.
titus you are wrong cos once the price drops to a level more in line with its FA or to a level most investors think it should be, the dropping will end.
if on the other hand, it is the share buyback which is stopping the price from dropping, it is interrupting with demand and supply. it is like a subsidy
also, if investors want the price to drop, that indicates they have the mean to buy more.....
share buyback is good. at the end, depends on what the company does with the treasury shares. will they sell it back to open market? will they cancel the shares? Will they give it to shareholders as share dividend?
SBB is only good for the company if the share price is undervalued. Now i see the volume of SBB is too low ti make a diff and it seems like juz for the sake of holding up the share price.
Spot on Reno, and, holding up the price and makes it neither here nor there
and, it is strange that someone is quoting parkson as an example, i mean, just look at parkson's prices, ought to be 2.60 but supported at 3.+ when the buyback was on, about 3.+ before payment of treasury shares as dividend and 2.6+ now.... why go thru all the troubles??? why dont just let it drop to 2.6+ or lower then so that shareholders can decide whether to buy to average down, all vie the market without the company interfering??
ain't it good that the price comes down so that you can average down
after all the 52 wks high was 3.04 and the more recent high was 2.83
nevertheless, basing just on the volume it would appears Mr K is not buying just yet, what is he waiting for?? could it be for the price to go down further??
What a pleasant news indeed. I read that Mudajaya also announce their quarter result today. Mudajaya next profit drop by 40% and Azrb net profit margin increase drastically by 80%. Both Azrb and Mudajaya awaiting their announcement on highway award contracts. I prefer Azrb as they are in comfortable position with 3.5 billions bookwork which can last for many years to come. Let's hope Azrb will be able to maintain thei next profit margin in years to come. Thank you.
At present price, i believe it is worth to accumukate as all the drop in the profit was ready price in the the opportunity to get more business of few projects are high plus the contribution of the activity of power plants in india.
Let's admit it. This management sucks big time. The management does not know how to replenish jobs by winning contracts. This management does not have business sense.
1mdb can't list its power assets and is even asking for extension of time for loan repayments, the 1mdb power plant is gonna be awhile more
in the meantime, projects in hand will be completed in less than one year
most recent project win is that small little indon project
soon no revenue but fixed costs and expenses will continue to run
that 52 wks low at 2.42 is in danger..... as while there may be projects in future, but if you line up tuajaya with the other construction cos, it is surely in the bottom half
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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....
GenghisHoe
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Posted by GenghisHoe > 2014-05-15 07:06 | Report Abuse
Hi Jonny cash,
Could I know how do you get those abovementioned transactions traded? Through the software or?