Mudajaya Group Berhad (Mudajaya) is an investment holding company. The Company operates in four segments: Construction, which is engaged in undertaking civil engineering, constructions works and engineering and equipment procurement provider; Property development, which is engaged in the development of residential and commercial properties; Trading and plant hiring, which is engaged in trading in construction materials and hire of plants, and Manufacturing, which is engaged in manufacturing of construction related products. It operates in Malaysia, India, Republic of Mauritius and Negara Brunei Darussalam. In Malaysia, the Company's areas of operation are principally civil engineering and construction of highways and buildings and property development. In India, the main operation is civil engineering and construction of highways. On July 2, 2010, its wholly owned subsidiary, Mudajaya Corporation Berhad, acquired 75% interest in Indah Kirana (M) Sdn. Bhd.
smallfishIf India power plant can delay for one year, then don't you think there's a possibility for India power plant to delay two years, or maybe even three years? Maybe they need another 2 years to complete the India project instead of another 1 year.
Of course there's lots of selling pressure even though there's the 1MDB news. Because the order book is depleting with no new projects to replace the completed projects. So, earnings will be low for the next few quarter results.
Ken LimDon't worry la ! Today no power up because of pass tense managing director ng yi long dispose a bit share ma . He is hantu . Sell already after few days then buy back .. Remember lembaga bought this shares price until 2.78 .. Normally will up more la .. Steady a bit .. Power plant have to run already . Coz the whole building also set up already . If not build for what handsome n pretties . Buy Jor close eyes la .. Don't see the stock up down everyday . Waste time only
johnny cashYES for this stock do not look everyday, just buy n hold it... get a good entry point using TA or bollinger.. doing business in india is very very very hard, a lot of red indians there
christopher6868This counter is gonna fly....mark my words....hop on the gravy train
InvesteyeCIMB in it report "Road projects worth about RM40bn expected over the next three to four years" A 465.3km road linking Kota Baru to Simpang Pelangi in Bentong, Pahang, worth RM8bn, is also in the works. It has been reported that a joint venture between MMC Corporation Bhd and Mudajaya Group Bhd is the front-runner for the job. So, hope Mudajaya will "Jaya"!
InvesteyeHold on.... and up again! anyway, this counter i just bought a few lots at RM2.65 this year after sold off most during last year between RM2.90~RM3.00
Tang MichaelMudajaya takes one year to rise 1 sen.....apex punya share.......slow train to nowhere.....