Wonder what the average margin will be?

Now Gooshen crying papa and mama.

Hope momentum build up again like Dolomite after asset sale to Sunway.

Now at 0.365-0.37 so roger no regret?

Maybe management wants to emulate the success of Kerjaya Prospek Group Bhd in maintaining fat profit margins in having a lot of cash so no dividends.

What's the management's game?

Looks like QR4 not very interesting.

This is not a stupid stock. It is strong standing at a level before the big "correction"/crash when others are still struggling to reach them.

Time to accumulate

Small hope with slight uptick. Oversell maybe.

Pushed down again.

WCE/KEuro allowed CAC to the extend the Second Completion Date for the Second Tranche Sale Shares for a further twelve (12) months, thereby amending the last day of the Second Completion Date from 16 August 2017 to 16 August 2018 (“Extended Second Completion Date”) or such other extension of time or later date as the parties may agree in writing. This allows CAC some time to find the funds to buy up the tranche and make retail/minority investors to suffer the lingering pain waiting for the price to move up.

Last Friday Mudajaya stood firm and did drop below RM1 despite the dark clouds of war looming over the Korean Peninsular. Something good must be coming up. No more or less/minimal losses???

Mudajaya used to be the darling of investors in its heydays paying hefty dividends and bonuses until it got stuck with the India venture which led to the present predicament. Were anyone pissed off with the management/company then? Although the management has got a lot of projects it will need some time to bring in the profits and some quarters doubt whether they can collect any in this present economic and political environment. Don't blame others for our own failure to take action to cut loss because the world/local economic and political environment is so fluid so nobody can help you except yourself. Pp was a good move else the share price would have gone further down and your curses louder.

Price is even better today (now RM1.14). If "retail investors can get trap" it's their own fault because they should stay away from playing this counter with all the warnings from you and naysayers.

Sentiment still good on this counter. Price still around RM1.06.

Now done at 0.045 -- false alarm or panic selling?

chongyo, well done.

chongyo, I share your sentiments that it is not difficult for CAC to trigger a "bull run" by showing a few quarters of profit and thus make huge quick profits rather than going through the tedious job of taking the company private or an mgo.
There was a rumour some time ago that the company had initiated some moves through friendly parties to convert the commercial lots to industrial lots thus creating a huge demand for houses. This if effected through the movement of Geely/Proton vendors and workers and maybe in concert with a reliable developer will be the stimulus needed for Talamt. And as you rightly pointed out impairment provisions can be reversed.

With so many contracts to be fulfilled (>RM2 billion) they need a lot of money for starting and completing the projects.

In a way private placement is better as it is not asking money from shareholders. See what happened to MKH and recently announced ICPS by ATTA.

Generally market not good so drop. 100% ownership should be good to ensure good management and control for future contracts.

half_water, pls look again at daily generation report dated 4 June under Uchpinda TPP unit 2 still has "no power purchase agreement". Maybe I am looking at the wrong data/report.

The Star article gives a lot of hope that the problems in India will be resolved this year but it is still just hope as the goal post are shifted every so often. They are also far away from management in Malaysia and maybe the local contracts worthe RM2.2b will contribute enough to stop the bleeding in India. Hopefully less or no more "aiyo" to come.

He quietly quietly buy one. Only when he has bought enough he will praise how good is Mudajaya and sell.

Ya, looks like buying on rumours/insider info and selling on facts. Weaning out the weak punters.

Why drop to 1.56? Margin call?

Warrants still at a discount Ms @2.46/7

This one long term lah to reach RM3. but rise slow and steady @10-14 sen.

I wanted to sell @RM1.62 today but my investment adviser says he is looking at RM3.50 so I pulled it out before it pancut.

CharlesT, you mean you know Mr. Koon has bought into Mudajaya ah? If so, can buy some more. Sure go up to resistance level.

PriyankaC, now only 1 firing and 2nd one still waiting for green light. Indian situation hard to handle -- not easy to kautim officials in UP.

RI of MKH is choking this stock until it can hardly breathe resulting in the low prices and making everybody unhappy. Management is to be blamed for dragging this on for too long. Just like MRCB falling 6.9% on proposed rights issue everyone is now afraid of a similar fate for MKH when trading of the new shares begin on 1 June.

wolf1, same here lah. I dilly dally at 1.13/14. Now kicking own ass.

Maybe it will be bidding for a piece of the Bandar Malaysia pie. LOL!!!

Q1 qr must be good.

Warrant still at discount -- time to buy more.

Wawai Samah, agree. Accumulate now when prices are low and celebrate later come Septemer when the qr show better results.

I think management must have sapu a lot of warrants -- less capital outlay.

Buy warrants better. At a discount now. Normally there is a premium for the mother share (RM2.48) but now only 88sen and plus 1.55 only RM2.43 so discount 5 sen. Quickly grab on Monday.

thanks K.H., didn't know about Public Bank eRights facility. If I had known about it I would have bought more rights to subscribe.

Today heavenly bound at 1.17-18. Maybe more in the afternoon.

Coming quarterly report (Jan-March) for won't be good as revenue from power generation only started in April. So price won't be attractive.

jafon1989, don't worry -- you are getting a better deal than the ms holders. As explained by lcng123 you don't have to do anything and you will get 22% warrants which you can convert to MKH ms later at only RM1.55. What a kind management! No need to spend time and money (conversion cost + remittance cost). I am kicking my ass now as I was advised that it will be better by converting early. With ms price dropping you can imagine the huge amount of curses heaped upon those who proposed this great idea.

Management should prop up mother share by buying or announce something to benefit MKH ms holders.

Management is giving warrant holders a better deal than mother share holders so they are selling MKH mother share -- hence drop. Remisier friend says this has practically never happened before. Wonder why? Is it because management are holding more warrants than mother share (since it is cheaper then)?

Creeping before long weekend ......... wonder if anything is brewing up?

Ehl1964, I tried reading the India cea daily generation report but couldn't find the information you mentioned. Can copy and paste ah?

fruni & mudwyx: please read the company's announcement
mysmo1 & ck: ask/phone your remisier or the online trading company's dealer
Wong kok hoong: ex-rights issue mah

Coastal uses small boats, cannot move fast.