Icon888,can u tell us why u choose mudajaya only in 2016 stockpick rather than other construction company if 83 Billion project is on the way to be award this year.
wah , icon888, old man like u still roaming in I3 now ? (*o*) do u mind share your target price of mudajaya after IPP announce & target price end of 2016 ?
hmm... if with 1.78 (mid 2017) target price , this stock may not qualify for your 2016 i3 stock pick competition because Gadang & Gkent should superior than mudajaya in term of target price in 2016.
So u bet mudajaya will won many other project ? like highway,rapid & new power plant (3B,4A)?
On closer look the Greddym3s... COD... on 27-11-15.. 28-11-15... may not be right
Cos.... in the official update on projects JV contracts bla bla.. Mudajaya on 30-11-15... 30-11-15 after 27-11-15.. 28-11-15.. said there was no update on this since the update in Aug 2015...
As per status updated in the Daily Generation Report since 01 Dec 2015, Uchpinda Power Station has stopped generated power since 01 Dec 2015 after COD on 26 Nov due to non-stabilised. I believe the power plant has been fired but still not yet stable, maybe this is the reason Mudajaya doesn't want to announce the news yet.
my estimate is when next quarterly report out, may announce the commissioning of india IPP. i will buy on weakness. lucky got johnny accompany me here.
regardless of where the info comes from. The gyst of stock investment is to buy a good company at a fair price. buy low and sell high.
till date.. Most of the bad news has already been priced into mudajaya's current price. there's only upside for this stock. RKM has already commissioned the first unit (as per announcement in the india power board website.. can refer to links shared in the previous post by forumers. ) The company has won substantial amounts of infrastructure bids in the Pengerang RAPID project. buy now to cash in a handsome profit later on. don't wait till announcement after all 4 units of RKM achieves COD. I predict a minimum 100% gain on this stock for 2016 and potentially even 200-300% in years to come.
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....
Ricky Kiat
1,356 posts
Posted by Ricky Kiat > 2016-01-01 23:30 | Report Abuse
Icon888,can u tell us why u choose mudajaya only in 2016 stockpick rather than other construction company if 83 Billion project is on the way to be award this year.