Posted by heaven123 > 2016-10-11 14:53 | Report Abuse

As good as your brother KYY.

Posted by 400523 > 2016-10-11 16:46 | Report Abuse

The diff is I lost more than 100K in this counter but not KYY (I believe u are refering to a Mr Koon that everyone talks about). Really believed in them especially when Fairfax started buying...now got out because I think the losses now are mainly due to the power plants, while management is quiet about the total cost overruns/bank repayment, power purchase agreements etc. Sorry if I had misled anyone. I sincerely hope the company turns around and good luck to all.

Posted by 400523 > 2016-10-11 16:51 | Report Abuse

By the way...I was in and out of this counter for more than 5 years...

Posted by 400523 > 2016-10-11 17:12 | Report Abuse

If only Fairfax can buy over the power assets as they have the financial power to do so - and wait till India needs more power. . Even then the price it would pay won't be at favorable terms to the shareholders...but at least it will take some of the pain away....

Posted by 400523 > 2016-10-11 17:37 | Report Abuse

It all boils down to contract cost overruns and whether RKM Powergen can claim from the principals or not.

Posted by 400523 > 2016-10-11 17:42 | Report Abuse

The motto in RKM Powergen's website says "We love to solve complex problems"...well they might have met their nemesis

Posted by heaven123 > 2016-10-11 18:43 | Report Abuse

Too late damage already done.
Alot ppl kena.....those untrue news from insiders dont worry karma will catch up later will those insiders.
I believe you are good guy without bad intentions.

Posted by heaven123 > 2016-10-11 18:47 | Report Abuse

KYY had a good write up recently how to invest. Good for reading.

Posted by heaven123 > 2016-10-11 18:51 | Report Abuse

Mum said out of 10, 9 sure rugi cos we all greedy want to make alot money.

Posted by Orson Chin > 2016-10-11 19:10 | Report Abuse

Recently mulpha disposal a lot share. Look likes the share price will keep drop

Posted by ivan9511 > 2016-10-11 20:33 | Report Abuse

Orson Chin
hi Orson Chin
.can ask your about Mulpha and Mudajaya
because I got a few Mulpha and Mudajaya tickets long time ago since last year when I was a newbie :

but I now only know Mulpha got Mudajaya stake from you.
do you mean Mulpha own Mudajaya share ?

can I ask why Mudajaya share price and Mulpha diffreent so much
because Mulpha now only 0.20
and can ask Mulpha and Mudajaya still worth to hold ?
just your view and thanks

Posted by kuengkucheng > 2016-10-11 23:12 | Report Abuse

the reason of low price is because of the recent huge loss, it is stated there non-cash here.
http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=74517&name=EA_GA_ATTACHMENTS

Posted by 400523 > 2016-10-12 09:51 | Report Abuse

As at 21st March 2016 Mulpha Infrastructure Holdings Sdn Bhd owned 120,287,000 shares or 22.34% of Mudajaya. The 2 are separate entities and you cannot compare their respective share prices. There is no connection except that the shareholding will appear in Mulpha's balance sheet as an investment in the asset side

Posted by heaven123 > 2016-10-12 09:55 | Report Abuse

Yesterday 99.50 sen today 1.00 and 2mrw 99.50 good friday 1.00.

Posted by 400523 > 2016-10-12 10:01 | Report Abuse

Kuenkucheng cash items...emmm interesting. Yes not impacting on the cash flow and you may ignore the depreciation of the power plant part...but the interest element is a different thing all together believe me (accountant buruh). Non cash items do not have an immediate impact on the cash flow but are added/deducted according to accounting principals based on fair values...hope I know wat I am talkin about. Any accountants here to verify my statement/

Posted by 400523 > 2016-10-12 10:04 | Report Abuse

Since the plants 1 & 2 are up and running the interest has to be expensed and no more on the development costs (asset) side. Just my 5 cts worth.

Posted by heaven123 > 2016-10-12 10:15 | Report Abuse

Q3 next month either on 25/28...will be either hell/heaven. The donkey said starting selling power for turbine 1 & 2 this month BUT nothing up 400523.

Posted by 400523 > 2016-10-12 10:18 | Report Abuse

My analysis is this (for what it's worth)...what was the projected cost compared to the current cost up-to-date, the financing element/banks, bank repayment schedules, moratorium periods on principal/interest payments and last but not least is the amount of cash flow from the 2 soon to be cash flow generating units will generate is key to determining whether to buy at RM1. Most of the answer lies in the actual agreement between RKM Powergen and the Indian state authorities. Who bears the costs of delays and enlarged interest payments not to mention how to pay the principal payments to the banks.

Posted by 400523 > 2016-10-12 10:30 | Report Abuse

Plus points...almost 4 completed and very very expensive plants. minus points crocs in the form of banks waiting....PPA (power pucrhase agreements) unclear in the midst of oversupply in the state. pipelines to other states not cost effective...All have to bear in mind that more than RM600 mllion is on the asset side and is largely contributed by the 24% ownership of the Indian power plants. Sell the plants??? to whom and for how much? Continue to ask the banks to fund until able to repay??

Posted by 400523 > 2016-10-12 10:38 | Report Abuse

The silence by the management about the above is deafening to say the least. If they remain positive...why the silence when the share price has plummeted?

Posted by 400523 > 2016-10-12 11:29 | Report Abuse

I guess that's why the Power Reits idea came about...get long term investors to invest in the power plants. Good idea actually.

Posted by 400523 > 2016-10-12 12:00 | Report Abuse

Key events coming up...substantial borrowings due for payment within 12 months...question is can rollover or not. Islamic Medium Term notes review

Posted by 400523 > 2016-10-12 12:01 | Report Abuse

banks will squeeze everybody's balls

Posted by heaven123 > 2016-10-12 12:34 | Report Abuse

Before reits sudah HOLLAND....400523 please wake up.

Posted by PeterNg > 2016-10-12 17:29 | Report Abuse

Drop Further.

Posted by heaven123 > 2016-10-12 21:07 | Report Abuse

Really look bad as chart indication .....pretty 400523.

Posted by kuengkucheng > 2016-10-12 23:23 | Report Abuse

@400523

Depreciation expenses affect net operating income but does not affect operating cash flows. Since a company doesn't spend money for a depreciation expense, it is not taken into account in operating cash flows. Although a company could have high operating cash flows, it can have a low net operating income due to depreciation expenses.
I just quote it from http://www.investopedia.com

on the operating income ttm of 73mil, the interest payment for the same period is 26Mil. Times interest earned is not yet smaller than one or have to either use cash on hand to make up the difference or borrow funds.
the cash from operation is also improving from negative to positive 3.7mil in the period ending june. it is a good sign after so many quarters in reds. hopefully new projects from construction will continue to improve while waiting for the sale of PPA.

Posted by ivan9511 > 2016-10-13 02:21 | Report Abuse

kuengkucheng , 400523
thanks for you expanation
thanks a lot
and guys
do you guys think currently mulpha drop until 20sen maybe becauise of mudajaya made huge loss ?

Posted by heaven123 > 2016-10-13 09:47 | Report Abuse

Partner with cincin sure get alot jobs and price shot up to 6.00.

Posted by heaven123 > 2016-10-13 10:28 | Report Abuse

Operators trying pushing down from 99.5 to 99.0 with big volume created panic selling. What a point selling now already teruk simpan better for anak and cucu.

Posted by Orson Chin > 2016-10-13 11:49 | Report Abuse

Ivan.... Mulpha is big shark. Becareful . If lose abit. Let it go.

Posted by Orson Chin > 2016-10-13 11:51 | Report Abuse

Is mudajya drop below 0.90. I will in ... Current price yet bottom.

Posted by heaven123 > 2016-10-13 11:58 | Report Abuse

400523 u need to declare total investment loss. Numbers of company managed to turn around within 3 years with alot of jobs. This company terbalik jalan.
GAME OVER.

Posted by ivan9511 > 2016-10-13 16:34 | Report Abuse

Orson Chin
thnaks for your advise
so Orson Chin you agreed sapu mudajaya now when cheap ?

Posted by Orson Chin > 2016-10-14 09:02 | Report Abuse

Ivan. Still yet bottommmmmmmmmmm

Posted by limweebeng > 2016-10-14 14:56 | Report Abuse

There are 2 viaduct projects in evaluation stage. I think will announce soon. Mudajaya yet to get any viaduct job for mrt2.

Posted by Hunter2016 > 2016-10-14 14:59 | Report Abuse

These 2 viaduct projects may belongs to Gadang and Mitra.

Posted by cresbinvest > 2016-10-14 16:48 | Report Abuse

Gadang did involved in MRT1. It is second best contractor in MRT1.

Posted by limweebeng > 2016-10-14 16:59 | Report Abuse

Sorry, gadang is involved.

Posted by limweebeng > 2016-10-14 17:03 | Report Abuse

Gadang and Mudajaya awarded the viaduct project afor MRT1 at the same time.

Posted by cresbinvest > 2016-10-14 17:06 | Report Abuse

Yes, I also think that Mudajya should able to get MRT2 viaduct award based on their experience in MRT1.

Posted by confuse > 2016-10-15 10:29 | Report Abuse

Why loss making stock(EPS -14.07 sen) so many interested?
http://klse.i3investor.com/servlets/stk/fin/5085.jsp

Posted by paperplane2016 > 2016-10-16 23:59 | Report Abuse

This is lousy stock yeekarwai keep promoting.

Posted by Alfonso > 2016-10-17 13:23 | Report Abuse

Please drop to 80cent as fast as possible and i will sapu till the senior managing partner level, when that time come, u guys will know who Alfonso is!

Posted by ivan9511 > 2016-10-17 16:04 | Report Abuse

Orson Chin thnaks

Posted by chrisyap > 2016-10-17 16:38 | Report Abuse

close eye buy abit.

Posted by heaven123 > 2016-10-18 09:24 | Report Abuse

Paperplane...sudah kena paku 30 or 50 lots.

Posted by heaven123 > 2016-10-18 09:26 | Report Abuse

Alfonso....i become maichai.

Posted by heaven123 > 2016-10-18 09:40 | Report Abuse

Agreed with chrisyap buy a bit. This counter is 2017 dark horse.

Posted by heaven123 > 2016-10-18 09:56 | Report Abuse

Assume you buy 50 lots at 90 sen. next morning already 1.60 making a handsome profit of 35k.