Too many speculators holding and now selling

can some analyst update the price target up here? It's irritaing to see.

Completed already...got $$$ meh? Info only for track record?

Yistock getting excited over info we knew 1 month back (see latest headlines above)

See what I mean? Thanks voonyoke!

Relax guys. It's a done deal

Sei For

28 to 31 billion RM to be shared

Maintain OVERWEIGHT. All in, we are POSITIVE on this news as are now seeing the project progressing well (PDP appointed, preliminary works started). While MMC and Gamuda are the prime beneficiaries of the project, we also reaffirm our view that this project will also benefit the existing KVMRT1 contractors such as Sunway, IJM Corp, AZRB, Gadang, TRC Synergy, Mudajaya, MTD, Naim, Muhibbah, TSR Capital and Kimlun thanks to their strong track record and familiarity with KVMRT1 project. We also believe that KVMRT2 news flows came in at the right time for the impending listing of the Sunway Construction (SunCON) in 2H15. We reaffirmed our view that the KVMRT2 story is yet to be fully reflected in the construction stocks. Currently, construction stocks are trading at their 5-year average Fwd-PER of 13.6x. We believe the sector should trade at 15-17x Fwd-PER mirroring 2009-2010 levels i.e. given better clarity on jobs and earnings prospect for the contractors in the medium-long term. Reiterate OVERWEIGHT with Gamuda (OP; TP: RM5.52) and Muhibbah (OP; TP: RM3.55) as our top picks.

Source: Kenanga

Ahmad Zaki now Suncon win KVMRT packages as expected. Hope Mudajaya gets the viaduct construction package too as expected in the same Star article 2 weeks back. That would propel the share price above 1.50 towards RM2.

Si Vous Plait

Like chicken backside...blah...blah..blah. happy mah...moving at least.

If I am Crazy so is Fairfax

You are lucky to come in now....I have been waiting for years...just want my money back...nothing more maybe less also mai tuck

Bro...I lost so much waiting for the power plant project to start...now you want me to jump to some other stock for dividends? Its now or never with this company! If I am ever going to make up my losses or at least part of it...it is in this @#$%& stock! It is so undervalued now that the plants are/to be running...I would be crazy to come out now. All my telur in 1 mudah penuh basket.

MUDAJYA experienced a short term consolidation breakout above the RM1.30 level with higher-than-average volumes. The MACD Line expanded positively above zero, but the RSI is overbought. Price may rally towards the RM1.52 level after a short consolidation. Support will be anchored around the RM1.25 level.

Source: M+ Online Research - 28 Mar 2016

Asked me to quit my job pay 4K and join a course...chee sin. Already lost so much $$$ quit my job??? talks about candles and lines...like as if so easy to predict.

2.50 Not such a crazy price anymore.

The last time (last week) the price was holding at 1.35...the next day it rebounded...now holding at 1.39...so looks like another climb tomm...until contract award out...Mudajaya is now outperforming the market...so something is up. the number of buyers are also not like when fairfax was buying...much more. anyway short term upward trend with long candle forming with resistance at 1.50... wah lah wei...now I can talk like pro hahaha....a fren tot me something about technicals ya.

Think I am going mad again...must be the full moon...

Like the ;police car light on top

My trading signal has been revolving like mad the last 2 days!

After 5 years of torture ...trading signals?

Anyhow...you look at it...the danger is over and the price now is a joke.

Now for the next 25 years it is just money flow...of course payback time to banks as well.

I can write a book about my ordeal with this investment....but all will be forgotten if I can make up some of the losses I made.

I have read so much about the Indian project...they even had an arbritage hearing to sort out a contract (sale of electricity I think) which expired in OCT'15 due to the delay in the start of the power plants 1 & 2 and it was deliberated that it was beyong the control of Mudajya and so not its fault and was given until Feb'16 to get COD....which they acomplished. There is a moratorium on interest payments for RKM Powergen as well with banks etc. Believe me...the worst is over!

Play small and safe lah bro...not like me crazy madman...buy high sell low...panic. But can you blame me? At 1 time I bought at 4 something when power plant project in India announced! Now when really firing it is 1.3 something. If only I had the money now!

10 bagger 10. If had 1 year holding power...I won't sell. Forget it and wake up 9 mths latter and then decide! In fact you should buy now around 1.30 (if it ever goes back down) and keep it. The real danger of power plants being worthless is gone for good. Even if the cost of completion of the power plants are higher...current price is not reflective of its tangible worth. If the contract for the KVMRT2 (about RM860m) is announced soon...and as expected Mudajaya again gets it (They got the 7th package of Viaduct construction in the recently completed KVMRT 1 project) then that alone should push the price above 1.80 I strongly believe. If I can put borrowed money in...you with your savings should not think twice!

There I go again!

Anyway...the reason the share price fell so low is that there was a concern that the power plants would not materialise and that would have meant disaster. Now that 2 of the 4 power plants have got COD and.... with the impending KVMRT contracts and possibly DASH also...there is absolutely no reason for such a low share price of 1.40! IPO in 2005 also was 1.28 (i think). Net tangible asset per sare is 2.05. owns 2 high rise buildings (1 in Ampang mind you)...common...it does not make sense to be below 3! to say the least!.

I read that more states are trying to buy power/signing power supllies (google it) from the state of Chartisgarh (where Mudajaya's plants are) which is coal rich and so the Mudajya is confident of selling its power from RK1 & RK2 soon as the process would be speeded-up.

Really getting hopeful now....I think insiders got news of the impending contract award for KVMRT2...plus the power plants1 & 2 firing and 3 & 4 next change....looks good. Don't feel like selling/buying/selling/buying anymore...my broker is only getting the $$$$...not me

I am just an investor. Just a wild guess...If they decide to split the power and construction units for listing of its power segment or starting a REITs, then I suppose investors will be offered shares or to sell off the segment at a certain price. Maybe some accountants can shed some light on what will happen if the afforesaid materialises. My guess is that the power segment is going to have rising and good cash flow for the next 20 years and Mudajaya will take on more power production contracts in the future...including solar, thermal etc. The KVMRT contract should be out soon and the construction sector will be back on tract as well. Good times ahead BRO!. Holding power required at least till the end of year...as I think RM 3 should be no problem.

I am very kepochi no?

Power REIT Or a separate listing of its energy arm...I.e Mudajaya Energy? Anybody got any wild guesses like me?

See company announcements for full details

Prior to the Internal Reorganisation, MJC Precast Sdn Bhd, MJC Trading Sdn Bhd and Mudajaya Power International Sdn Bhd were wholly-owned subsidiaries of MCB.

Upon completion of the Internal Reorganisation, MJC Precast Sdn Bhd and MJC Trading Sdn Bhd have become wholly-owned subsidiaries of MJC Industries Sdn Bhd. Whilst Mudajaya Power International Sdn Bhd has become the wholly-owned subsidiary of Mudajaya Energy Sdn Bhd.

25th March 2016 = Internal re-organisation of group structure :-

The Board of Directors of MGB wishes to announce that its wholly-owned subsidiaries, MJC Industries Sdn Bhd and Mudajaya Energy Sdn Bhd had on 22 March 2016 completed the following acquisition of shares from Mudajaya Corporation Berhad, the letters of approval were received from the Inland Revenue Board on 25 March 2016:-

(a) 10,000,000 ordinary shares of RM1.00 each, representing 100% of the total issued and paid-up share capital of MJC Precast Sdn Bhd for a total cash consideration of RM16,695,952.00;

(b) 300,000 ordinary shares of RM1.00 each, representing 100% of the total issued and paid-up share capital of MJC Trading Sdn Bhd for a total cash consideration of RM5,374,760.00; and

(c) 200,000 ordinary shares of RM1.00 each, representing 100% of the total issued and paid-up share capital of Mudajaya Energy Sdn Bhd for a total cash consideration of RM200,000.00.

Kindly refer to the attached document for the complete announcement.

This announcement is dated 25 March 2016.

What is this all about? Preparing to start a Power Reit by separating the construction and power units?

Life is slowly creeping back....but on hindsight....I sold at 1.09 just a few weeks ago!!! Born loser!

Was afraid to tell u guys...maybe u will laugh at my misfortune

Ahmad Zaki got the Bumi portion of the KVMRT2 viaduct contract worth 1.44 billion today...just announced Star paper online as expected. Also expected is Mudajya tipped to get 800 plus million i.e. 1 of the seven viaducts contracts at least. This is based on it's track record having completed the same in the KVMRT. 1Yes I am back but bought at an average of 1.31 about a week back thinking its going to fly again...it slowly went down to 1.26...almost cried...and now I am full of optimism again

Hey guys...I have given up..sold at another loss 100 lots at 1.09 (average buy 1.24)...another loss of about 17K (plus brokerage)...all in about 130K losses in this counter..No holding power and can't bear to see it fall...

Solar power...wind power..coal powered plants... anto power...only small investors no power....I think I'm going mad...

Now this is getting complicated....so maybe the power reit thingy is possible...they have so many ongoing power plants all over in M'sia , Phillippines...Indonesia with 10.. 20 years contracts collecting stable revenue like our highway consessionaires....there I go dreaming again..There are so many prospects with the Indian Power plants up and running this year. Hope we loyal investors get back our money soon

Grace123 ...where art thou? Please bring me back to earth....

Am I irritating anybody?

The last buying spree by fairfax pushed the price up to 1.50 and dumb me bought some at that price! they bought hardly 1 million shares...so if a big buying spree comes this time..RM 2 to 2.50 or even 3.00 is not so a crazy dream eh guys...especially when we long time investors are refusing to sell at a loss!

OK lah hai kum yong...wait ....and wait and wait...

A sek fan mo yeh cho re-organisation is out of the question...so anybody can tell me why?

Must be a solid reason to do this....after so many years after IPO