Posted by 400523 > 2016-12-02 16:43 | Report Abuse

Oct 2015 document above 1159.63 crore...1 crore = USD160,000.00 please convert

Posted by Ehl1964 > 2016-12-02 16:44 | Report Abuse

I dare to challenge big sharks to press down the price to 0.73. I will transfer all my fund from others counter to buy habis-habis because I hope to earn a Camry within 2 years from this counter. Thanks in advance to big sharks help let me buy cheap. I just try to help ikan bilis don't fall in trap n lose your hard earned money.

Posted by 400523 > 2016-12-02 16:45 | Report Abuse

Ok guys thats all for you guys to analyse for now...

Posted by 400523 > 2016-12-02 16:54 | Report Abuse

Tired...information overload...

Posted by 400523 > 2016-12-02 16:59 | Report Abuse

Johnny Cash my no is 012-5382040

Posted by 400523 > 2016-12-02 17:15 | Report Abuse

EHL1964...Bro..I am worried when you say India coal plant still have 18 - 19% profit. Bro the guy mentioned a company NTPC and said its return on investment was 18 to 19 % ...not a general statement of current profit from power plants. Each companies investment and return is different

Posted by Ehl1964 > 2016-12-02 18:04 | Report Abuse

Thanks to 400523. Now I feel relief because at least I know RKM managed to sell 59 percent of their total power capacity at cost plus tariff under revised PPA. After they obtain COD for unit3 n 4, I think they manage to sell more because 20 per cent old coal plants will be shutting down. Cost overrun will be compensated with cost plus tariff. Furthermore, new projects will be cancelled means less competitor in future.

Posted by Ehl1964 > 2016-12-02 18:11 | Report Abuse

Now I have more clear picture about India power plants. So I decide to increase my stake to 2000lots if durian runtuh at 0.73. Hopefully l can earn a Alphard within 2years.

Posted by Ehl1964 > 2016-12-02 18:21 | Report Abuse

I don't know why mngmt can't do a job like 400523 to provide us so much useful information and clear picture about the prospect of RKM . I will suggest to mngmt employ him as a Investor Relationship Manager. Any objections?

Posted by Ehl1964 > 2016-12-02 19:20 | Report Abuse

Next Monday is a good day for durian runtuh. All ikan bilis get ready to pick up durian if you want to get rich.

Posted by Ehl1964 > 2016-12-02 19:24 | Report Abuse

Now water is clearer, I wonder big sharks still can catch ikan bilis .

Posted by nkk53 > 2016-12-02 19:39 | Report Abuse

big job fr Penang

Posted by Ehl1964 > 2016-12-02 19:43 | Report Abuse

What big job? Can share?

Posted by Ehl1964 > 2016-12-02 20:17 | Report Abuse

810mil project from Penang. Hahaha......

Posted by Bestie188 > 2016-12-02 20:17 | Report Abuse

Maxis- Ananda; AAX-Tony; Mudajaya all having bad dreams doing business in India with high red tape and bureaucracy, inconsistent rules and regulations, over patronage system, caste system, over state power, cultural clash. RKM is in Chennai with state chief minister, J. Jayalalithaa. Will Mudajaya build up a strong rapport with her to breakup this hurdle? Not many Malaysian corp. can make money in India. bear in mind both Ananda/ Tony with Indian roots
https://www.facebook.com/permalink.php?story_fbid=179259665872744&id=100013661358074

Posted by Cherrie > 2016-12-02 20:26 | Report Abuse

A good news to bag a big construction project but also a bad news in another side which the joint venture business relationship with Thriven Global for Lumi Tropicana of GDV RM700mil has been terminated. Means Mudajaya unable to enjoy the benefits of the development but get 56 units apartment for the return only.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5280801
02/12/2016 20:22

Posted by Cherrie > 2016-12-02 20:38 | Report Abuse

India IPP will continue to report losses until it starts to sell power to cover its interest expenses. RKM Powergen has large borrowings due to funding for this power plant project. They capitalized the interest expenses as non-current asset previously but since COD of its power plant, the daily interest charged by the bank must be recognized as expenses but however the electricity selling hasn't come in yet and thus caused RKM to report big losses every quarter. Mudajaya has now left the construction as its core to survive.

Posted by Ehl1964 > 2016-12-02 21:47 | Report Abuse

Happy for those ikan bilis who still keep their share, sad for big sharks lose chance to catch more ikan bilis. From my analysis, big shareholders are still keeping their share, only less than 3 percent changed hand (may be from left to right). They are so calm means they know everything and confidence mudajya will success in near future.

Posted by leelc70 > 2016-12-02 21:57 | Report Abuse

http://www.orientaldaily.com.my/business/ty822561 awarded new highway project from penang

Posted by Ehl1964 > 2016-12-02 22:02 | Report Abuse

Once all unit in India power plants fire up, total revenue is about 2.8bil. Total project cost is estimated raised to 7.4bil from 5bil. I think the revenue can cover all expenses and contribute about 70mil to 80mil per profit to Mudajya as estimated by management.

Posted by kllady_fidah > 2016-12-02 22:04 | Report Abuse

Buy...

Posted by Kian Kwok Lim > 2016-12-03 01:42 | Report Abuse

Pls read at KC Chong latest posting... Enron (US energy giant back then) also failed badly in India power plant investment...

Posted by Kian Kwok Lim > 2016-12-03 01:45 | Report Abuse

American Company Enron lost their pants in India trying to build power plant in 1990s because India is filled with social and political problems. And don’t forget about the accusation of them cooking their book not long ago. I read a lot of books you know. I was impressed by you then when you could just pick up the phone and called Antos then and asked him about the power plants in India.
(One of the paragraphs copied from KC Chong latest posting to Mr Koon)

Posted by Ehl1964 > 2016-12-03 08:55 | Report Abuse

I trust Fairfax. Anybody wanna to sell, please go ahead. Next week can sell at higher price because new big project come in.

Posted by Ehl1964 > 2016-12-03 09:29 | Report Abuse

RKM owns 74 percent India power plants and 2 unit generators are get ready ( COD) , state government agreed to purchase 35 percent of total capacity and received a letter of intent from UTTAR PRADESH POWER CORP ltd for signing long term PPA to purchase 350MV. Everything are getting ready only wait for final approval. You think such a huge project can fail at this stage and let billions of money blast? Enron failed at final stage? Enron owns only 26 percent share of India power plant ? My calculations of revenue and projects cost are based on rating report of irca.in not just agak-agak. Anyway, who wants to sell just go ahead and do it next week. I am waiting at 0.75, revise up because of new projects coming in.

Posted by Ehl1964 > 2016-12-03 09:46 | Report Abuse

When mudajya at RM2++, all said cheap and chased for it. Now so many people scare even at 0.7++. Most people lose money because buy high sell low. When tenaga at rm5, all analyst rate it hold or sell, none of them dare to rate it buy. I managed to gain a Exora because I don't 100 percent trust analyst. They can provide you some useful information not means they are always right.

Posted by heaven123 > 2016-12-03 09:56 | Report Abuse

Forgive 400523 try to take ass kyy role past few days.

Posted by Tan Cheng Poh > 2016-12-03 10:13 | Report Abuse

limit up on Monday opening

Posted by heaven123 > 2016-12-03 11:03 | Report Abuse

Price upwards provided that shit India settled.

Posted by Alfonso > 2016-12-03 15:53 | Report Abuse

400523 is the value he lost for investing this super noob counter...400k..can buy range rover evoque 2.0 lansiing on the road already instead of keep on agonize for hopeless things..

Posted by chinaman > 2016-12-03 19:47 | Report Abuse

KUALA LUMPUR (Dec 2): Mudajaya Group Bhd has secured an RM810 million job to construct the Ayer Itam-Lebuhraya Tun Dr Lim Chong Eu by-pass in Penang, from Consortium Zenith BUCG Sdn Bhd.

The contract was secured via its wholly-owned subsidiary Mudajaya Corp Bhd, Mudajaya said in a bourse filing today.

The project is slated to be completed in 36 months from the date of site possession, which is expected to be in the second half of 2017.

The job will be paid via milestone payments according to work done, it said, and the details of the deal will be finalised in three to six months.

"The project is expected to contribute positively to the group's earnings and net assets from financial year 2017 and onwards," the group stated.

Mudajaya's shares settled unchanged at 77 sen today, valuing the group at RM414.57 million.

Posted by nkk53 > 2016-12-04 09:38 | Report Abuse

Wonder so far ,any Malaysian Boleh com had made any profit fr .India.Few com that had eaten their painful pies are-IJM,UE,Gamuda,Bumihighway,Binapuri and many more......

Posted by nkk53 > 2016-12-04 09:40 | Report Abuse

I had completely erased this counter fr my portforlia

Posted by johnny cash > 2016-12-04 15:51 | Report Abuse

WHAT IS VITAL NOW IS TO SEE IF MUDAJAYA AND THE OTHER COMPANY RKM CAN SERVICE THEIR DEBTS LOAN PAYMENT TO BANKS IN A SATISFACTORY MANNER, SO THAT THEIR ICRA AND RAM RATINGS ARE NOT DOWNGRADED. DO NOT GET SO MUCH CARRIED AWAY BY THEIR WINNING TENDERS IN PENANG, DO NOT GET YOUR MIND ATTENTION SCATTERED ELSEWHERE, PAY ATTENTION ON THEIR RATINGS

Posted by johnny cash > 2016-12-04 16:00 | Report Abuse

CAREFULL BEFORE THEY BLAST OUT MEGA NEGATIVE NEWS,NOW THEY ARE BLASTING OUT MINI POSITIVE NEWS FIRST THAT THEY ARE WINNING PROJECTS IN PENANG, SLOWLY THEY ARE GOING TO BLAST MEGA NEGATIVE NEWS..NOW MAKING PROFIT AGENDA IS ALREADY OUT FROM THEIR PORTFOLIOS, NOW THEY ARE FACING DEBTS PROBELMS

Posted by johnny cash > 2016-12-04 16:07 | Report Abuse

THEIR MIND ATTENTION IS NOT AT MAKING PROFIT ANYMORE, THIS FINANCIAL PROBELM THEY ARE GOING TO DRAG N DRAG N DRAG..THE PRESENT JAMES WONG MANAGEMENT THAT CAME IN, ACTUALLY WAS TO DO THE LAST INNER ROBBERY, OF WHAT BALANCE WEALTH IS LEFT

Posted by johnny cash > 2016-12-04 16:15 | Report Abuse

CAREFULL GUYS WITH YOUR HARD EARN MONEY,THIS COMPANY IS A TIGHT LIP COMPANY, THEY ARE NOT TELLING OUT THE TRUTH, MANY ANALYST ALREADY REMOVING THIS COUNTER FROM THEIR RADAR..GO FOR GOOD COMPANIES THAT ARE TRADING HIGHER, DO NOT GET ATTRACTED TO CHEAP NON TRANSPARENT COMPANIES, ALWAYS IN SECRETIVE MODE

Posted by johnny cash > 2016-12-04 16:19 | Report Abuse

PLEASE TRY TO CALL THEIR IR, MR BENJAMIN, AND ASK HIM ANY QUESTIONS, THEIR LIPS ARE BEING WELDED COMPLETELY, THEY WON T ANSWER ANY OF YOUR QUESTION IN A SATISFACTORY MANNER, ALWAYS IN SECRETIVE MODE

Posted by johnny cash > 2016-12-04 16:21 | Report Abuse

THIS RASCALS ARE ACTUALLY HIDING MANY THINGS

Posted by johnny cash > 2016-12-04 16:58 | Report Abuse

THIS IS THE REASON WHY SC, SECURITY COMMISSION WENT AFTER THEM DURING THE POISON PEN CASE, ACTUALLY AT THAT TIME THEIR POWERPLANT PROJECT IN INDIA WAS NOT EXISTING AT ALL, NOT MOVING AT ALL, LUCKY SC JUST GAVE THEM WARNING, OR ELSE BY NOW THEY ARE ALREADY WALKING NAKED ARROUND, SC MANAGE TO DIG THEIR TIGHT LIP SECRETS

Posted by johnny cash > 2016-12-04 17:04 | Report Abuse

SC, SHOULD ALSO ENTER NOW, TO CHECK PROPERLY IF THEY ARE DOING ANY HANKY PANKIES THINGS,SC SHOULD DO THEIR DUTIES AT INTERVALS, BECAUSE THIS COMPANY ALREADY HAVING PAST BAD RECORDS

Posted by Ehl1964 > 2016-12-04 17:59 | Report Abuse

Here is my revised calculation for Unit1 revenue after I read the actual PPA signed by RKM in Mar 2016: 350000kw/hour*0.332*24*365( unit2 can support during maintenance time)
=RM1.018bil. Now most important thing is to let Unit1 fire up first to solve financial issues. Since UTTAR PRADESH still suffering power deficit, they may consider to buy more power from RKM. I am not suggesting anybody to buy or to sell, your money you decide.

Posted by Ehl1964 > 2016-12-04 18:05 | Report Abuse

If I found something new, I will post here to prevent ikan bilis sell cheap.

Posted by Ehl1964 > 2016-12-04 18:11 | Report Abuse

Of course big sharks can get first hand information if Unit1 starts fire up, but at least they have to pay higher price to buy share from ikan bilis.

Posted by Ehl1964 > 2016-12-04 19:44 | Report Abuse

Big company like Fairfax n Blackstone definitely will sell their share even suffer hugh loss if they think that this company is hopeless. They still stay means problems can be solve once RKM unit1 starts fire up.

Posted by Ehl1964 > 2016-12-04 20:05 | Report Abuse

If 1bil come in, any financial problems can't be solve?

Posted by Orson Chin > 2016-12-04 22:29 | Report Abuse

1Bil ? Where to get 1 Bil? From bank ? From u? Free interest ?

Posted by Ehl1964 > 2016-12-04 23:15 | Report Abuse

Pls refer to my comment above.

Posted by Ehl1964 > 2016-12-04 23:18 | Report Abuse

Refer to my comment post at 04/12/2016 17.59.

Posted by Ehl1964 > 2016-12-04 23:20 | Report Abuse

Selling power to UTTAR PRADESH state.