nice. guess may get to buy at around 1.32, usually like that for most stocks.

what does it mean by advance dividend? means move the Aug dividend to July? or means both July and Aug will pay dividend?

Invest1199, you brighten me up. Yes, it's better to invest in young and ambicious company rather then old and rich company sometimes. Better chance of winning over there.

why it keeps dropping? sometimes i wondering. Still, my only conclusion is: no IB writes report for it. hmm....

many thanks angelbooks03!

how many times the management out of nowhere tell us delay (again)? hmm.....5 times? or 6 times? This is simply ridiculous. I mean, of course we understand India government side also responsible for that, but Mudajaya management shouldn't keep on giving us fake hope, they should tell us the real situation. Not sure then say not sure lah. No integrity, this management. Any rebound, I am selling.

wondering PP price at what price...

tony says no use, action only got use. he should start buying.

ya, not sure what it means by next year. Maybe you can ask your Analyst. haha!

wah! thanks for sharing the news. So it's another fake rumours of selling India power plant?? errr.....some short sellers spreading the news?? or some buyers spreading it so buy at low?? errr.....i don't know what to say. Hold it for now, and i'll start cutting my shares if rebound was seen. Kind of fed up with this company already.

ok, i am one of the stupid one. Now i dunno should i sell at this low or wait a little rebound to sell. Bad decision.

wah....sharp fall today....

i still remember few years back a FF who was major shareholder of masterskill. And later, it realized that was a wrong investment and sold down all its shares with huge loss. What i am saying is, there are all kinds of possibility. One other possibility is that the FF is there for long term, ie. 5 years at least. So it has already expect to see share price depressing for 5 years, but not many retail shareholders able to stand the burden of uncertainty for 5 years. fyi, i'm still holding my position on Mudajaya and also further add shares at 1.36 these 2 days. And sadly, my current average price is still at 40% paper loss. I entered big time at the worst time few years back.

thanks 120453 for the info.
dear kkng0819kk, thing is, sometimes company needs to increase liquidity for big investors to buy large number of shares. As you can see, some small tiny companies with major shareholders almost fully controlled the company shares, no fund manager will buy at all, because it's just too easy to be manipulated by that one or few major shareholders. Therefore, major shareholders selling shares is not a way to make judgement, unless we know exactly why he or she was selling those shares for.

recent quarter showed net loss narrowed. Next quarter report could be an important one for confidence, however, it's still unlikely to give good results since no good income seen in recent months. Anyways, if there is good news coming from India, that could be helpful.

shaking has been done for years, many many weak shareholders already out from it. Now left the rather patients one, which part of them who becomes more shaking when watching quarter and quarter of net loss. Very tough to play stocks, isn't it? Haha!

if it really turns into a major energy company, valuation will be triple if not double.

it's difficult to buy 30m shares on a lack of liquidity stock such as Mudajaya. We see Fairfax been trying to accumulate for quite a while. Looks like it could be a strategic shareholders. It's definitely a good news for my look at it. Look at the graph, how low can it go further? I bet the floor has reached.

sold to who? if they sold in open market, that's a different story. But they sold in off market, meaning, there was a investor taking the 30m shares. So, not necessarily bad news.

off market transaction: 30m shares.

Since no IB wrote report for it, it's really hard to dig info.

hi darrenliew, do you have info on what the GDV of its landbank/projects? I wish to know its weight on Iskandar vs other regions. Thanks!

however, past 5 years performance cannot take that too seriously because that period was about the long awaiting property price booming period, therefore buyers increase tremendously. Not only huayang, most good property companies were enjoying the booming ride in past 5 years. What our concern is the next 5 years.

most worried is if gearing up so much, can it affect dividend payout? buying this counter is mainly for dividend yield.

waiting 1.7x.....

if new project brings gearing to close to 1x as kenanga said, then it's not a good thing. Follow up might be eps dilution excercise such as placement or warrants in order to raise fund for de-gearing.

business drops, revenue drops. Management target of sales didn't hit.

increase dividend, that's all that matters. :P

52-weeks low....lets see....

LOL

you guys still missing the point.
1. oil price not essential because AA hedge oil price.
2. large foreign currency debt. ie. using weak RM to pay USD interest rate simply means need to spend more money (for RM weaken from 2.90 to 3.65, it's a 26% higher cost!)
3. majority air ticket sales are in RM, therefore weak RM means a lot. Remember buying oil is using foreign currency rate.

Agree that oil price not so essential for AA's earnings. But, the weak RM is essential!
1. AA got huge USD debt.
2. AA got huge revenue coming from USD/non-RM currency.

Petronas said "delay" from early to mid, so it's about 6 month? Ok, 6 months delay, big deal.

Then, Petronas said "Commodity prices went down - it was a good time for us to go into the market for EPC contracts. We did some rebidding to get better prices."

What does it mean? It means Petronas actually plan to accelerate on contracts awarding for riding on low oil price. Am I understand it wrongly? Please correct me if I was wrong. Thanks.

i'm seeing malton as a left out stock, one that no paper writing on it. One that is ignore by investors. Well, when the day comes, we'll see. Past few quarters, the earnings has been very well. Lets see how it goes in future. I see if things go well, it is the kind of stock that can shoot up two fold within weeks if not days. The ball is in the hand of big shareholders, we ikan bilis can only buy and hold, can't do much. Can we? haha!

where other properties stocks are trading at above 1x their nta, usually close to 2x for those with best performance.

nta 1.57, current price 0.91, it's 58% discount to nta.
rnav? many years ago it was 3.60. today, since no more research house writing paper on it, i've no idea. However, i believe by land price increment, i doubt it would be deeply lower. Its bukit jahili project, pavilion 2, penang mainland, etc.

your target is 1? mine is 3 :P

Dali is a shark, cannot trust a single word he said. However, can hear him, and do own analysis.

land price is high according to rhb report, much higher then mahsing bought it. However, it's not a "raw land", it's already started construction work. Wondering how that affects its cash flow, can dividend continue as usual? Dividend is a major reason i hold this stock.

this stock cannot play TA, must play FA. Play TA you will pissed off very often. haha!

haha! me too. need 80% price up to break even.

this stock, always few weeks slower then other o&g stocks. if others can stay at current position or higher in next few weeks, it only can follow move up i guess. haha! really low profile, lack of liquidity stock. that's all big funds prefer high liquidity stocks.

agree with you that if they offered RI at big discount.

sorry, you are right heng1991. I was referring to RI actually, wrote too fast too emotional already haha! sorry! :)

ya, me too. wondering why so many still feeling excited to see bi and warrant. it's just eps dilution. If the company not using bi and warrant to raise fund, they can do it through bank loan etc., and that case they need to pay interest rate. It's just a different way to raise fund for more capital. As an investor, nothing much to care about on how the company raise fund. And seriously, there is zero benefit for existing investors vs future investors on bi or warrant etc. Well if talk about bi may move stock price upwards, that i got nothing to say. It's not always the case. take a look at huayang, mahsing etc., the stock price before and after ex date. (of course, i don't mean exact date, i mean a period of time say 1 month etc) i don't see much difference. For me, i don't like company to bother me for bi or warrant etc. since i need to deal with odd lots issue. I prefer PP or bank loan, so that they won't bother me and do their job quietly. Dividend is good, since it gives me cash to spend.

volume has not come yet, still small. It means sharks still accumulating. When they finally ate enough and wanna take profit, that time big push will arrive.

breakout 1.00, yes! bullish!

USD will be stronger and stronger. And Pantech eat lots of USD paid projects.
fair value? I think 1.10 :P

oil rebound. 1.50 come lah.

1.50 babe