They restructured to separate the power and profitable construction business so as to prepare for a disposal most likely...in my opinion (5cts worth as usual).
The earlier corporate restructure was to segregate the power and construction business to facilitate a sale of the power segment if necessary...in my opinion (5cts worth)
There is an arbitration going on with CMCM (I think) where about RM200m is owed to Mudajya...outcome should be out anytime now. It will provide some financial relief for the time being.
THEY MUDAJAYA, SHOULD HAD DECIDED TO SELL THEIR INDIAN BUSINESS, LONG BACK AGO, WHAT THE F..K THEIR PAST AND PRESENT CEO S ARE DOING..THEY F..KING BAS..RDS VERY SMART, ALREADY SOLD THEIR OWN SHARES, BUT TO NORMAL RETAIL INVESTORS, THEY ARE GIVING FALSE PROMISES, THAT THE POWERPLANT WILL FIRE AND MAKE MONEY.. THEY WERE LIEING TO RETAIL INVESTORS ALL THE WAY
http://klse.i3investor.com/blogs/PublicInvest/107356.jsp. NOW VERY VERY CLEAR CAN BE SEEN THEY ALREADY SHIFTED THEIR MIND, FROM MAKING MONEY IN PROJECTS, TO FINANCIAL PROBELM. THIS PROBELM IS ALSO GOING TO BE DRAG, FOR MANY YEARS TO COME, SO THEIR ATTENTION WON T BE ON MAKING MONEY FROM COMPLETION OF PROJECTS
I DO NOT THINK THIS FINANCIAL PROBELM WILL BE RESOLVE SOON, ANOTHER DELAY DALAY GAMES THEY ARE GOING TO PLAY WITH THIS, JUST HOW THEY PLAYED WITH THEIR INDIAN POWERPLANT PROJECT
Securities Commission also once before had given warning to this company of transparentcy probelm, till today they are still playing delay dalay games, sweet honey talks in their reports
Now also they playing the same games, sweet honey talks, in their reports, saying that they can raise up funds for projects, they are going to drag this also
REAL A DONKEY COMPANY, WITH DONKIES RUNNING THE SHOW..NO WONDER CEO S ARE ALWAYS RUNNING AWAY..always sweet honey talks in their reports..no wonder since the poison pen case with SC, the company was already in downtrend.. SC also did not mentioned the full story of their finds after investigation..only told that this company was having a transparency issue..I think SC did not told the full truth in masmedia reports on the outcome of their investigations...there were flaws in their indian powerplant project
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....
400523
736 posts
Posted by 400523 > 2016-10-27 16:22 | Report Abuse
Yes I still sibuk here just to keep track of my biggest failure in life