MUDAJAYA GROUP BHD

KLSE (MYR): MUDAJYA (5085)

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Last Price

0.10

Today's Change

+0.005 (5.26%)

Day's Change

0.095 - 0.105

Trading Volume

303,500


22 people like this.

10,343 comment(s). Last comment by koyokui 4 days ago

400523

736 posts

Posted by 400523 > 2015-04-30 14:22 | Report Abuse

logitrader I can't seem to get in...wat did the chairman have to say about the power plants etc??? Please share

400523

736 posts

Posted by 400523 > 2015-04-30 17:11 | Report Abuse

Never mind...just got in...disclosure not like other big PLC's

120453

712 posts

Posted by 120453 > 2015-05-05 18:30 | Report Abuse

Proposed share buy back!

johnny cash

6,400 posts

Posted by johnny cash > 2015-05-06 09:38 |

Post removed.Why?

johnny cash

6,400 posts

Posted by johnny cash > 2015-05-06 09:38 | Report Abuse

Wentworth Insurance Company ( Can) Ltd. 28/04-29/04 Acquired 296,500 MUDAJAYA

johnny cash

6,400 posts

Posted by johnny cash > 2015-05-06 09:40 | Report Abuse

this insurance company always ha buying

PriyankaC

63 posts

Posted by PriyankaC > 2015-05-11 07:45 | Report Abuse

One such small little message you use such big envelope.

kkng0819kk

1,566 posts

Posted by kkng0819kk > 2015-05-13 12:49 | Report Abuse

Muda jaya power up

fortunebullz

2,000 posts

Posted by fortunebullz > 2015-05-13 12:53 | Report Abuse

Forget it! Unless MCA become strong again, Mudajaya can only dream of getting book orders!

murali

5,723 posts

Posted by murali > 2015-05-13 14:15 | Report Abuse

Mca will become strong again when 85% chinese left msia....

johnny cash

6,400 posts

Posted by johnny cash > 2015-05-15 18:57 | Report Abuse

PriyankaC One such small little message you use such big envelope.
11/05/2015 07:45

at least newbies can learn something from this???? other stocks are also included..

kkng0819kk

1,566 posts

Posted by kkng0819kk > 2015-05-15 19:16 | Report Abuse

Why must chinese merantau ka tempat lain?Our ancestors fought and sacrificed so much to put our roots here.We should be enjoying the fruits of success now

PriyankaC

63 posts

Posted by PriyankaC > 2015-05-16 07:40 | Report Abuse

When the Q1 result is released will the price drop a lot again?

400523

736 posts

Posted by 400523 > 2015-05-18 10:25 | Report Abuse

Doubt so, already at rock bottom.anticipate write backs on previous losses and a profit because of this.hope at least 1 power plant fully firing and good progress on rest. By year end there should be some significant progress. Everything hinges on the power plants at the moment...construct contracts are secondary now.

400523

736 posts

Posted by 400523 > 2015-05-18 10:34 | Report Abuse

Write a comment..iary in India who can monitor the progress of the power plants and relay it back to him in Canada. They would'nt have pumped so much without doing their homework!

400523

736 posts

Posted by 400523 > 2015-05-18 10:35 | Report Abuse

Prem watsa has a subsidiary...left out in above message

kkng0819kk

1,566 posts

Posted by kkng0819kk > 2015-05-18 13:15 | Report Abuse

The former MD mr NYL still has a lot of confidence in mjaya

murali

5,723 posts

Posted by murali > 2015-05-18 15:42 | Report Abuse

The founder Mr.KYY has zero confidence in Mjaya

Orson Chin

2,079 posts

Posted by Orson Chin > 2015-05-18 22:41 | Report Abuse

Still no news from the power plant. And the power station edy build up .... Everyday need to pay money to maintain the huge building ..., waste money !

kkng0819kk

1,566 posts

Posted by kkng0819kk > 2015-05-19 11:44 | Report Abuse

The power plant will fire in a matter of mths and not years now!

Cherrie

183 posts

Posted by Cherrie > 2015-05-19 11:53 | Report Abuse

Fairfax bought in mudajaya again! bought in almost everyday since Oct last year.

laosai

156 posts

Posted by laosai > 2015-05-20 20:26 | Report Abuse

Director selling. RM1.20 coming.

davidkkw79

5,068 posts

Posted by davidkkw79 > 2015-05-20 20:29 | Report Abuse

Rm 1.20 is too optimistic, tp is rm 0.5 !

400523

736 posts

Posted by 400523 > 2015-05-21 09:45 | Report Abuse

Let's put in perspective. The guy owns about 24% of the company and sells 20,000 shares worth about 28k.....so ????

400523

736 posts

Posted by 400523 > 2015-05-21 09:46 | Report Abuse

Chicken feed no???

400523

736 posts

Posted by 400523 > 2015-05-21 09:47 | Report Abuse

Anyway we all have to wait at least a year not just this q!

400523

736 posts

Posted by 400523 > 2015-05-21 10:07 | Report Abuse

In my opinion, all hope lies in the Indian Power Plants...concerns are....completion...operation and profitability...cost overruns for the plants....and...finance cost of the huge borrowings by RKM Powergen (Mudajaya's 24% share of borrowings). Repayment of the borrowings should have started long ago and how this was renegotiated etc are unknown. As this venture is privately funded...I doubt there are avenues to recover costs overruns. Any views? On the other hand, if the plants are successfully operational and profitable....many more similar contracts in India will be on the way and Mudakaya will be all the wiser from this experience!!! That's why at 1 time they spoke about Power REITS.

400523

736 posts

Posted by 400523 > 2015-05-21 10:09 | Report Abuse

Construction contracts will be an additional boost!!

400523

736 posts

Posted by 400523 > 2015-05-21 10:11 | Report Abuse

Really hope these fairfax guys have done their homework!!!!!

400523

736 posts

Posted by 400523 > 2015-05-21 10:22 | Report Abuse

Laosai and Davidkkw...plse don't give me any more heart attacks! haha!

400523

736 posts

Posted by 400523 > 2015-05-21 10:49 | Report Abuse

Write a comment..Taken from Bloomberg just now (just key in Bloomberg Mudajaya)...

mudajaya group bhd (MDJ) Key Developments
Mudajaya Group Berhad expected to report Q1 2015 results on May 20, 2015. This event was calculated by Capital IQ (Created on May 14, 2015).
May 14 15
Mudajaya Group Berhad expected to report Q1 2015 results on May 20, 2015. This event was calculated by Capital IQ (Created on May 14, 2015).

400523

736 posts

Posted by 400523 > 2015-05-21 10:50 | Report Abuse

Should be out by today or tomm....want to sell...do it now!!! If not wait and hope like me!

400523

736 posts

Posted by 400523 > 2015-05-21 10:51 | Report Abuse

Going for broke!!!

johnny cash

6,400 posts

Posted by johnny cash > 2015-05-21 19:40 | Report Abuse

Why suddenly 400523 you are losing hope? WHY you are saying going for broke? I notice always you have confident on this counter?

greddym3

286 posts

Posted by greddym3 > 2015-05-21 19:45 | Report Abuse

Name Capacity Date of Commissioning
RKM-1 350MW June 2015
RKM-2 350MW Sept 2015
RKM-3 350MW Dec 2015

400523

736 posts

Posted by 400523 > 2015-05-22 09:08 | Report Abuse

Thats because I lost a lot of money on Mudajya (about 90K) and that has rattled my confidence. I am still in it but still jittery.

400523

736 posts

Posted by 400523 > 2015-05-22 09:23 | Report Abuse

Dear Greddym3, please share how you obtained such important info on the power plants. I have been searching the net for months can't find any such info.

400523

736 posts

Posted by 400523 > 2015-05-22 11:15 | Report Abuse

Write a comment..Market down 2 days Mudajaya no change. Today Bidders value 356K Sellers 35K only...no transaction done yet.

400523

736 posts

Posted by 400523 > 2015-05-22 11:15 | Report Abuse

Good sign...or so many like me...waiting hopefully!

Cherrie

183 posts

Posted by Cherrie > 2015-05-22 11:32 | Report Abuse

Hi 400523, don't worry so much. Mudajaya will recover in FY2015.

johnny cash

6,400 posts

Posted by johnny cash > 2015-05-22 13:46 | Report Abuse

400523 actually you are a smart investor but how can loose 90k on mudajaya is it panic selling, contra play or something else? I m surprise to hear this

johnny cash

6,400 posts

Posted by johnny cash > 2015-05-22 13:53 | Report Abuse

400523 the info you had shared with us on mudajaya so far is very very helpfull to us, be patience mudajaya will be on uptrend soon

400523

736 posts

Posted by 400523 > 2015-05-22 17:18 | Report Abuse

I was in long ago before the rights issue, came out and went in again much later at 2.40. so I lost a personal fortune by now. All eggs in only 1 or 2 baskets. Learnt 1 thing though, if you invested heavily in a company....you have to monitor all large investments they make and its progress especially when they invest in China or India. So many things can go wrong...politcics..protests and crazy corrupted local authorities. When the plants were delayed I should have seen the red light sign and monitored its progress. Now on hindsight...this is where I went wrong. Now its crazy to pull out especially when the plants are already completed. I give another year I think I can get back my hard earned $$$. No I am not a good investor!!!

greddym3

286 posts

Posted by greddym3 > 2015-05-23 10:00 | Report Abuse

i have my own source.that is a lot of money that you lost.

johnny cash

6,400 posts

Posted by johnny cash > 2015-05-23 14:27 | Report Abuse

Doing business in india is not easy, a complete different ball play there, so be patience, hope the new ceo james wong will bring some light

Posted by christopher6868 > 2015-05-24 21:04 | Report Abuse

Yup...hoping james wong turns things around...heard he is very focused....a no nonsense man

kkng0819kk

1,566 posts

Posted by kkng0819kk > 2015-05-26 09:52 | Report Abuse

J wong will work closely with the former MD ng y l and turn round the com v soon

speakup

27,014 posts

Posted by speakup > 2015-05-27 09:59 | Report Abuse

Mudajaya annual report out. Mr Koon is not longer big shareholder of Mudajaya.

murali

5,723 posts

Posted by murali > 2015-05-27 10:05 | Report Abuse

While his supporters were busy buying last year on the beautiful first hand insider news Indian stories provided by the ex founder, he quietly sold habis habis...but again who will surprise....

johnny cash

6,400 posts

Posted by johnny cash > 2015-05-28 08:12 | Report Abuse

if we want to feed children with scholarships, make sure it is blessed money not from gambling in stocks

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