I would like to share with you some common sense. There must be a demand for power supply in India or the power plant would never take off. Ironically, nobody make noise when the plant is delayed for 7 years. My take on this is that there is no real demand for the power supply or the users would have jumped and the authorities would not have tolerated such delay. Too many uncertainty!

"We are not desperate for jobs", this is a familiar phase, and even this phase is learnt by heart by Mudajaya's Benjamin. I have packed and run. Good luck guys.

This one is 20 bagger!

I have a shocking news for mudajaya, but cannot post here. This info is in a PDF. Give me your email, and I will email to you.

Take new loan to pay dividend lah.... This is to appease the major shareholder Mulpha.

Drop like shit today.

I3i2i1, congrats for being able to read the danger via chart/TA. I must agree with you chart/TA helps or we will surely be led to holland

Upside for mudajaya is arguably not possible given that the company has failed to replenish its book order.

Titus, the job 3B was already awarded to Mitsui 3-4 weeks ago or so. The only hopeful for mudajaya is the first firing or the coal plant in the India comes this July 31, 2014. If this takes place, then the price will be stable. Any further delay could cause the share price to spiral downwards. Sell while you still have legs to do so.

Agree with asriruslan. Bearish momentum is building up. I managed to get out at 1.40. Que to buy back at 1.20.