Happy Mid-Autumn Festival to you and your family too! Enjoy a nice day ahead.

真羡慕老兄啊！:)

Low volume recently

不用客气啦！大家都在这平台上互相砌磋学习。

意思是说把盘拉上来。盘就是board.这里是指VS的股盘。拉盘就是买家唯恐走宝，争先恐后持续地买下队列卖家的股以致股价被抬高，整个股盘就被拉上来了。

Thanks Uncle Koon ^_^

This is a non-cash item. That's why the operating cashflow remains strong eventhough this resulted lower EPS and this shouldn't affect so much on the dividend distribution this year if the business continue to grow

Ringgit to USD has been appreciated from 4.29 to 3.93 which is a big swing causing the other expenses of RM3,557,000 incurred.

I guess is the forex loss due to the translation of USD to Ringgit for the reporting of cash balances and any other classified assets/liabilities which are denominated in USD in Balance Sheet. The gain/loss is the difference caused by USD rate used in the current reporting date vs reporting date of last quarter. eg. 2016-3-31 vs 2015-12-31

PE 6, DY 8%, net cash business is growing but no one wants

waiting for better results since its CJ WOW online shopping received good response and many sport events such as Olympics & UEFA coming

When I was in university for engineering course, my coursemate who went for industrial training in MAS told me that many engineers were not in the office during working hour but they all came back to work so hard after office hour to claim for good overtime pay.

yeah! they can easily maintain its dividend rate as last year with its strong operating cashflow. Can stay in volatile and collect the dividend while waiting for rebound.

So, if we make the P&L projection by assuming the revenue & profit growing at current rate, the selling and admin expenses increase in tandem to the revenue, the item "Other Expenses" will become a forex gain. Projected EPS in nx Q will be more than doubled to Q1.

Taann is having div and bonus ex within a week where FLB doesn't have. However, the dropping of it should not be unduly worried as the USDMYR is strengthen now at 4.12. The translation of USD trade and cash balances to ringgit in next financial account compare to this quarter will incur a forex gain if current USDMYR rate is >3.93.

Cessation of HDD operations in China. Impairment loss of RM12.6mil will be recognized in financial account nx Quarter.

Aren't you see his message of blessing to All Buddhist investors? Not only the brothers...

limchimleong 祝愿所有的佛教徒投资者，卫塞节快乐！

Thanks brother Lim! May all of us blessed with healthy and good luck to earn good money from stock market :)

哈哈 :))

一切将会水落石出。时间是最好的证明。

Hi yeohhh bro, same as everybody, we don't personally know him. Whether he is a devil or the God, but I believe action must come with motive. I couldn't find the purpose of him for doing such a non-integrity things. Who will want to waste time here and cari susah for people and ownself?

另一方面持续写blog应该也是为了解解闷, 思考运动一下而已。股票升跌根本不在大家的控制范围之内。

推想一下就知道。老人家已经很富有了, 金钱对他来说根本不缺。只有我们还在奋斗时期的才疯想赚钱。他其实是想塞钱进我们的口袋啊！

I don't understand why there are so many people like to criticize him? His intention to share his view in his blogs is in fact noble and deserve respects. He owes us nothing but he is willing to share every opportunity with us. With his age and wealth, he can just retire and live comfortly with his family without the need to bother us but he choose to sharing the golden investment opportunity with the youngsters. He doesn't need our money to pump up the share price for him.

Why Mediac is not in the list?

Thank you so much for your sharing =)

My average price is Rm0.60. I will hold till the media sector is fully recover. Meanwhile, will stay in volatile ans collecting dividend =

Or maybe the worst is over for Media sector

Media sector is now very steady in volatile market. It seems a signal of recovery started in 2016.

Let's huat together!

Hope 400523 is fine if the share price is moving up tomorrow in response to this tiny good news

Since I'm free now. So I have translated the blog from Boon as follows:-

Mudajaya was incorporated on 9th Dec 1965. It was listed on 10th May 2004.

MUDAJYA was once a well-known construction stocks. It 's specialized in civil engineering, building construction works, including design and construction engineering, highways, bridges, buildings, power plants, water supply infrastructure, sewerage and other infrastructure projects.

Other than construction, the group also involves in property development, manufacturing and trading of building materials.

However, its financial was dragged by the delay of its India Power Plant project and subsequently turned to huge loss making and thus its share price dropped significantly.

Firstly, after a downturn of consequently five quarters, the group finally manage to turn profit in the past 2 quarters with its 3rd quarter's profit exceeded 10mil.

Secondly, in its coming to 2016, the India Power Plant project began to see a glimmer of dawn.

According to its announcement made on 17th Mar 2016, Unit 1 & 2 of its India power plant has achieved its commercial of operations. Its 26% owned associate has on 15th March negotiated on the sale of electricity with a several power distribution companies to commercial delivery of 350MW of electricity.

The Group has 4 units of power plant in India, Unit 1 & 2 has on 16th Mar achieved its COD, power purchase of Unit 3 & 4 are still under negotiation.

If the Group can achieve EPS of at least 4.5 cents in the coming quarters, I personally opine that its long-term reasonable price should be around RM1.80.

MEDIAC's management is aware of the shifting preference of consumers from print media to digital, so they have put afford to transform its business to next milestone by enhancing its digital contents, diversifying in LOGON and well prepared to venture in new business (property/ education).

If you study its financial statements, you will find how strong MEDIAC's fundamental is even in this downturn. So, I plan to hold it for long-term. Disposal of One Media has further strengthen its current solid fundamental and increase its capability to venture into new business as they plan.

yeah....my family and neighbours are long-term subscribers to SinChew and Nanyang. We read it everyday. It monopoly chinese media market. My opinion is the current downtrend since 2H2014 is due to economy downturn but it has created a great opportunity to us to accumulate at low price. Soon after the economy recover, we can enjoy the fruitful.

However, it doesn't mean we should "sai lang" in this stock ya...there're risks in investment. The stock market always fluctuates and what can we do is to ensure having the holding power on it.

Worst....in worst it doesn't get anyone of these (I don't know what is reason it not able to get one with its track record), the coming profit from its outstanding orderbook, Lumi Tropicana and recurring profit from RKM still able to push its current price to higher.

In worst scenario Mudajya don't get job in MRT2, we still can hope for others. I read the Sinchew newspaper last year around Oct 2015, Mudajya submitted tender for most of the on-going mega infrastructure projects to be launched by government.

bobo got first hand information?

The Memorandum of Understanding (MOU) which was signed on 4th March 2016 will expire on 16 April 2016. Both vendor and buyer must have an outcome for the offer price on 16 April 2016.

Current Market Price of MEDIAC: RM0.72
Current Market Price of One Media: HKD1.42
Current holding of MEDIAC on One Media: 292,700,000
HKDMYR: 0.51

Based on most conservative assumption, if offer price by buyer is HKD1.50 (only 5.6% premium to current market price);

Sale proceed from the disposal: 292,700,000 x HKD1.50 = HKD439,050,000 equivalent to RM223,915,500 (RM0.1327 per MEDIAC share)

Assumption (1): If distribution of 30% to shareholders (MEDIAC's dividend policy of 30%-60%)
30% of RM0.1327 = RM0.03981 per share
Existing Dividend = RM0.03757 per share
Dividend for 2016 = RM0.03981 + RM0.03757 = RM0.07738
Dividend Yield for 2016 = RM0.07738/ RM0.72 = RM10.75%

Assumption (2): If distribution of 45%
45% of RM0.1327 = RM0.05972 per share
Existing Dividend = RM0.03757 per share
Dividend for 2016 = RM0.05972 + RM0.03757 = RM0.09729
Dividend Yield for 2016 = RM0.09729/ RM0.72 = RM13.51%

Assumption (3): If distribution of 60%
60% of RM0.1327 = RM0.07962 per share
Existing Dividend = RM0.03757 per share
Dividend for 2016 = RM0.07962 + RM0.03757 = RM0.1172
Dividend Yield for 2016 = RM0.1172/ RM0.72 = RM16.28%

Lastly, don't forget MEDIAC is in net cash now, since One Media contributed minor loss to MEDIAC in its latest financial results, so the disposal will not have any impact to MEDIAC but positively to its existing net cash position.

Should we continue to hold or sell if go up further?

Hope 400523 is fine now. Chance is always in stock market as long as you have capital. No need feeling regret. Gambatte 400523! Giv u a tips, MEDIA sector (MEDIA PRIMA & MEDIAC) still worth to buy for long term.

Most investors don't want to sell at this attractive price (DY: 7%, PE: 11, P/BV: lesser than 1) which is still undervalued. The price sure will shoot up if big funds such as valuecap come in later.

If shares were sold on or after ex-date is entitled for dividend.

5 cents dividend yields at 3.55%

RM1.41 already. Slowly moving up. Me too! Waiting for dividend.

Hi 400523, if you still have the holding power for the remaining of Muda shares, just keep it and wait for rebound. Give one more year hope. We all are in same boat with Fairfax. They should have done their due diligence before further buying. As a substantial holder of Muda, Fairfax have the right to ask if they found any doubts and Muda must clear their doubt. Hence, their decision of buying must come with reason.

Has been waiting for so long already. The price still moving ard Rm1.35-1.39. No golden egg was laid.

oh I see...is the market player to play around the share price, not the fundamental being changed. So I will keep my holding to wait for rebound =)