Really hope I am wrong about the above findings

Asia not Asia Pac

Looks like Fairfax Asia Pac boss will get the boot for this investment.

All the counters where EPF has invested will have this kind of wild fluctuations...all should know by now...same with SKPETRO and many others. The malaysian market is a deathbed for many including myself. Too many pension funds buying and selling when you least expect it.

Tapering coal linkage has been cancelled by SECL . PPA issue- CSPTCL has expressed inability to offtake power as per PPA..

Coal and sale of power problems???

The report Fan Kim provided is dated this month. There are old issues in the write-up. Even then, that's a lot of funding required!!! can someone from Mudajaya explain to shareholders?

1 crore is about 166,000 usd...if you work the maths...how much more funding required????

Thanks Fan Kim. I read the report and found this under...RKM not sure if updated :-

Critical issues
Very slow erection works in TG area for U-3 and U-4. Consent to operate- High concentrated slurry disposal system to be commissioned and ash pond to be completed- funda of Rs. 40.11 crs required. Tapering coal linkage has been cancelled by SECL. Funds required for U-3 completion -200 crs. And for U-4- Rs. 450 crs. BG to be issued to release FDR amounts paid customs. PPA issue- CSPTCL has expressed inability to offtake power as per PPA. Working Capital required for starting operation of U-1 is 153 cr & for U-2,3,and 4 is 571 cr

Reasons for Delay
Work suffered due to agitation by villagers. Slow progress of work at site. Delay in readiness of BoPs. Delay in readiness of startup power. Delay due to financial problems. Balance land acquisition for Ash pond and railway line. Consent to operate for U-2,3&4.

Also seems to be an oversupply of power issue in India now....The cost of this project in India is escalating and wonder why it does not show in Mudajaya's accounts. Just key in power supply in India...many articles.

Not asking anybody to sell or buy...just sharing. Lost more than RM140K on this counter

Overseas revenue jumped more than 45% (China & Indonesia) . Very soon will contribute more than Malaysia's portion of revenue. Biggest expense was employee benefit expenses, Amortisation and other expenses...most likely for pushing Property 365. Price will recover in my opinion.

firehawk...you can only see it in the P & l at the profit/loss from associates, which includes all associate company contribution (consolidated income/loss from associated companies).

Holding steady despite ex-dividend and being a trader's stock at that.

Hopefully at least RM3 to 5 million profit. The new launch has taken up lot of cost (still is I guess) and will only yield profits in later quarters.

why next Q. What about 1st Q?

"Sell in May and go away" or something more serious like 1MDB default is anybody's guess

Agree...something not rite! at 1 point 24 points down...blue chips also not spared!

Glad to run from a loss of 4K plus to a profit of 5K plus all in 1 intra day

opportunity not danger

By the way...grace 123, if you hate this counter so much...why u still around??? Sell and leave us alone

relax...market dropped more than 30 points..mudakaya only 6 ...so stay cool. I am now down about 5K...apart from historical 100 plus K...still don't moan and groan yet.

falling asleep zzzzzzzzzzzzzzzz

IPIC guys I mean....here nobody knows wats goin on...not clear not blur

Someone should be shot!

almost 800 counters down...because of 1MDB default!

Sadist!

Million ringgit question ruby828

Waiting for panicky guys like me to sell!

Down 18cts from recent high of 1.42. Time to pick up for long term investors...

Long term investors will surely get back their $$$ and the fair value price now should be at least RM2 to 3....it's just a matter of time...I can never make back all the losses but a few thousand...and I will be happy.

Bought 1/2 of wat I intend to buy and if drop further...buy the balance. Grace if I make small $$ I buy u papaya

latjiu is very reliable...so RKM unit 3 should be getting COD! He has been rite so far.

U very bad lah Grace123 1.12/1.13 chee sin!

I am back at 1.26 ...so looks like can go down further if my luck stays the same!

Slow but sure climb up...sad to miss the boat..already commited elsewhere now...maybe be back if I can soon

I was not a short term investor...but because I lost so much of $$$ I do not have holding power anymore. For short term investors like me...this counter can be very punishing....when you are forced to sell there might be no buyers!!!Some days only 200K turnover! So I have to chau when I don't feel good.

Notice many retail buyers today and not like when fairfax is buying. In the short term it will cause unstability of the price before and when award is out...so guys like me with no long term holding power got to be very careful. Still have faith in this counter...but I have to be cautious as well. Will be watching closely...everytime I exit there will be a sudden rise! so you guys be happy ok.

Bottom line is...make sure you have the holding power....better still wait for crash! Even with a crash...you must also be fast because after a few days of rise it may stagnate for 5/6 years!!! Like Asian crisis...remember Maybank RM3.8...low for a few days only. If it was easy to make $$$ all will be rich!

Airasia 1 plane crash and holland awaits you. gamuda and suncon would have burnt you had you bought when award announced..not easy in this punters malaysia...buy on speculation sell on confirmation.

Generally speaking yes I agree...universally all, like Bloomberg uses the tool. It gives you the insight of the direction and momentum. But then the chart and candles don't know about contract awards and the politics involved. So both play a part no? I am not a long term investor anymore. The Malaysian stock market is full of short term punters and thats why prices fluctuate so much...so much for fundamentals!

Same thing happened with IFCA...somebody said 4th quarter losses for IFCA and I did not believe and cost me dearly.

Broker only making $$$

Because of this 2 "kwai" I sold at average 1.375 (bought at average 1.334). Can't afford sleepless nites. Will be back after KVMRT 2 announcement/award. Still plenty of upside because of the power plants....so I am out until this 2 "kwai's" prediction is over. get or don't get the KVMRT contract...I will be back when the award is over....too much losses has taken its toll..

Can anybody translate the info from Boon in "Latest Headlines" above. Kong Mut Yeh?

Hey Joe mari...mari...mana?

Just wat we need...another luny!

slowly wait for 0.80cts grace123 (ma mun tang)

How come you are back to haunt me Grace 123? I tot you quit Mudajya? You make a good pair with bozo here.

Just my 5Cts worth. I am waiting just like the majority of shareholders....so bobo try and get the shares cheap if you can.

11th M'sia plan more than enough for all M'sian construction companies to share whether it be KVMRT2 or the rest of the projects available. The cake is large enough. Anyway...its the power plants that is more important. So even if Mudajya is indeed left out, the price now is peanuts if the power plants operate in full.

What makes you so sure IJM just tendered for package 203?

For your info both IJM and Mudajya were awarded contracts for the KVMRT1 and there are 7 viaduct contracts still to be awarded...so unless bozo got some inside info..there is a good chance