Posted by kcchongnz > 2012-11-22 14:34 | Report Abuse
Mat, Mudajaya has this credibility problem. People don't trust the management.
Posted by KC Loh > 2012-11-22 14:35 | Report Abuse
yes correct. The last issue led to the resignation of their MD. they tried to goreng market!
No result.
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THE INVESTMENT APPROACH OF CALVIN TAN
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CEO Morning Brief
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CS Tan
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Mat Cendana
2,340 posts
Posted by Mat Cendana > 2012-11-22 14:26 | Report Abuse
This is one of the most under-valued counters in BSKL. Unfortunately, only Tabung Haji is interested with other institutional investors seemingly shying away from it. Each time it goes on an upswing, Mudajaya has difficulty breaking past 2.90. But its present range of 2.55-2.90 offers enough margin to make profits from although a trader need to wait a bit.