Is expected, India's largest power outage in the history of the crisis, but may become Mudajaya of the new "opportunity", the supply of coal due to coal companies or as soon as possible with the independent power industry to reach contracts.
At 2.74, Mudajaya is in No Man's Land for me - can neither buy more nor sell at this level. It has to go below 1.60 for me to add, and I'll only sell at more than 1.80. For now, it's just watching; hoping it will make a decisive move either way.
From my reading (and I'm a relative newbie), it appears to be going sideways. The Relative Strength Index is still good although the momentum has slowed down a bit from that last upswing. Too hazy to call. I guess we'll have to wait until after Raya to see more action... either way.
But again, this is not so much my focus. I just want their infrastructures to be completed on schedule and start generating power by next year and provide earnings. They have excellent precedence as good paymasters of dividends, so not too worried!
girl2 not on this lah because I've already have a large holdings - but it's a good fundamental counter with high eps. Over longer term should be at least 3.50 if not more. good luck to all :)
hehe if you have spare you can always buy both but little2 lah - dun hantem all and have to keep some $$$$$, dun know when ah jib gor will call for errection as Mudajaya is link to gov so might have some weakness but then again who knows tomollow also can fly hehe
mudajaya now sideways- scomi uptrend but has gone up alot already.so I also dun know lah. when I buy something I always make sure I can hold - means at least mid term if not longer. i no trader lah cause I no good. some times quick kill can also be killed quickly.hehe
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....
kcfan
1,881 posts
Posted by kcfan > 2012-08-07 23:22 | Report Abuse
Is expected, India's largest power outage in the history of the crisis, but may become Mudajaya of the new "opportunity", the supply of coal due to coal companies or as soon as possible with the independent power industry to reach contracts.