Posted by gerry188 > 2016-12-10 12:26 | Report Abuse

Latest corporate announcement - appointment of Sun Hung Kai Investment Services as a dealer for their Euro Medium Term notes (USD 200 million).

Do find out for yourselves who controls Sun Hung Kai Investment Services and you will soon see the web of holdings in MCB.

Posted by Ehl1964 > 2016-12-10 16:54 | Report Abuse

I think Penang 810mil for 5km 4lane road is profitable, 162mil per km.

Posted by Ehl1964 > 2016-12-10 16:59 | Report Abuse

Most of the raw materials use in Penang project can be source locally.

Posted by Ehl1964 > 2016-12-10 17:02 | Report Abuse

Anyway hope to hear good news from India projects, then share price will break rm1. 0 easily.

Posted by johnny cash > 2016-12-10 20:10 | Report Abuse

Ying is back, something is coming, I think indian powerplant is going to fire up, there will be an uptrend but not a strong one at this initial stage

Posted by johnny cash > 2016-12-11 18:03 | Report Abuse

Is it true that CONSTRUCTION is a themeplay in 2017?

Posted by johnny cash > 2016-12-11 18:05 | Report Abuse

Rail road projects also a theme play if not mistaken

Posted by johnny cash > 2016-12-11 18:06 | Report Abuse

http://klse.i3investor.com/jsp/pttop.jsp

Posted by johnny cash > 2016-12-12 23:19 | Report Abuse

IF THE POWERPLANT IS NOT GOING TO MOVE IN INDIA, SINCE ANTO AND YING HANDS ARE STRONG IN THE STAKE, THEN NOW THEY HAVE THE SAY N POWER TO DO SOMETHING, MY GUESS IS SELLING OF THE INDIAN POWERPLANTS, JUST A GUESS

Posted by Ehl1964 > 2016-12-13 12:52 | Report Abuse

strong support at 0.795 .

Posted by Orson Chin > 2016-12-13 20:54 | Report Abuse

Only repurchase this share after India power fire .....

Posted by johnny cash > 2016-12-14 11:27 |

Post removed.Why?

Posted by johnny cash > 2016-12-14 11:31 | Report Abuse

anto and ying are inside now,, there will be some uptrend with news, but not a strong one, debts debts is the probelm NOW

Posted by 400523 > 2016-12-14 11:31 | Report Abuse

My take on gerry 188's sharing i.e. Latest corporate announcement - appointment of Sun Hung Kai (SHK) Investment Services as a dealer for their Euro Medium Term notes (USD 200 million).

1. Ability to get someone to guarantee the Term Notes despite continued losses...they were surely provided with all info on the prospects of the company..especially the Indian plants. But then again.... Fairfax also invested and we all were so happy.

2. The announcement was under "related party transaction" ...meaning SHK is related in terms of either shareholder (proxy), director, indirect shareholdings significant influence overs board etc.

3. However, cost of this USD borrowing guarantee is very high 7% not including comm at 1.25%/charges etc. Anyone in corporate banking can tell us the current USD Medium Term notes average costs...because the pricing always matches the risk...the higher the risk...the higher the interest rate.

4. Funds sufficient to repurchase all current borrowings plus complete plants 3 & 4?

5. Why expensive borrowings from overseas lenders? M'sian/Indian lenders recalling/recalled facilities? Only related parties concerned with their investment...willing to guarantee?

My 5cts worth...

Posted by 400523 > 2016-12-14 11:32 | Report Abuse

Just sharing my thoughts

Posted by 400523 > 2016-12-14 11:41 | Report Abuse

Latest moves by directors/major shareholders bringing more questions than answers..e.g. token purchase of shares by major shareholders...fresh large borrowings etc

Posted by 400523 > 2016-12-14 11:42 | Report Abuse

Really tough decision to hold,buy,sell...

Posted by 400523 > 2016-12-14 11:56 | Report Abuse

Mudajaya must have approached Fairfax ist and foremost before going to SHK

Posted by half_water > 2016-12-14 16:15 | Report Abuse

I think market will respond positively when the power generator is finally deliver power.
With the management of Mudajaya keeps their lips tight, small investor is being concealed with the fact.
They will have the first hand information and make profit out of this. I am looking for the clue.
RKM powergen is hiring a supervisor for coal logistics and fly ash. I think the problem of coal is rectified
and units 1 and 2 will start soon.
https://www.naukri.com/axon-constructions-jobs-careers-967986

Posted by johnny cash > 2016-12-14 16:53 | Report Abuse

thanks half_water, it s very helpfull

Posted by johnny cash > 2016-12-14 16:56 | Report Abuse

next year is going to be Construction Theme year 2017,, very very nice timing to FIRE the powerplants

Posted by johnny cash > 2016-12-14 17:03 | Report Abuse

https://www.naukri.com/job-listings-Supervisor-Coal-Logistics-Fly-Ash-R-K-M-POWERGEN-PVT-LTD-Raigarh-Raipur-3-to-5-years-231116001437?src=jobsearchDesk&sid=14817054466899&xp=1&qp=&srcPage=s

Posted by johnny cash > 2016-12-14 17:09 | Report Abuse

http://www.rkmpowergen.in

Posted by HeartBreakKid > 2016-12-16 11:47 | Report Abuse

Moving up today. Have they fired the first unit?

Posted by Rozali Che > 2016-12-16 12:45 | Report Abuse

Sudah ada lighter ka? :)

Posted by charles pang kah keet > 2016-12-16 13:32 | Report Abuse

just i already bought more at 0:815 *50 lot, hope will go to 0:90 sen.

Posted by charles pang kah keet > 2016-12-16 13:45 | Report Abuse

mulpha director already keep to bough at 0:90sen, maybe will touch to this price.

Posted by charles pang kah keet > 2016-12-16 13:46 | Report Abuse

longterm at least have 1.00 above value.

Posted by kevin5059 > 2016-12-16 15:02 | Report Abuse

heard that they scheduled to fire up the 1st unit on the 9th of Dec. Not sure got delay again or not (Indian like to delay and play the drama alot). However, according to today price movement, I think something in brewing.

Posted by johnny cash > 2016-12-16 15:11 | Report Abuse

keep tracking closely if ex MD s are selling, anto and Ning.. we does not know the actual story how long this both stooges will be in,, in this counter..if they keep on topping up with time, then it is good

Posted by HeartBreakKid > 2016-12-16 15:47 | Report Abuse

Someone is continuously accumulating which means there is a good news.

Posted by half_water > 2016-12-16 16:08 | Report Abuse

Besides I c the power plant advertised hiring of coal supervisor recently, an indication of light at the end of tunnel, I c all the bad aspects of doing business in india like new foreigner don"t want to enter this market due to no clear law, land problem, red tape and etc, is in fact good news for mudajaya. Because, it is just one more step to firing. This means if india want to build new power plant successfully, It will b the story.of many yrs later. During this period, sure there is no new supply to compete with mudajaya.

Posted by johnny cash > 2016-12-16 17:11 | Report Abuse

thanks half_water, for the tips

Posted by Ehl1964 > 2016-12-16 21:08 | Report Abuse

sukuk rated A2 -ve by RAM.

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

U are welcome, johnny cash. I sold 70% of my holding at about RM0.94 just bf Q3 result. Bought again at about RM0.815 with the money that I obtained from previous sell. This is how I perform averaging without using fresh fund. Overall, I am still losing money on this counter. Looking to use fresh fund to buy more if less than RM0.90 once officially sell power to india. All rating will b changed then. Winner will b those having first hand info.

Posted by Kohcl8 > 2016-12-17 12:09 | Report Abuse

Rumours that they have won the 50MW solar plant. Any effect in the valuations?

Posted by HeartBreakKid > 2016-12-17 13:51 | Report Abuse

Additional projects are good but not enough to cover up the existing problems. The share price will rebounce once the power plant comes into operation or the management decides to sell the power plant. Let's wait and watch.

Posted by johnny cash > 2016-12-17 20:28 |

Post removed.Why?

Posted by johnny cash > 2016-12-17 20:35 | Report Abuse

Now the question is not on winning projects, but can they pay their debts and start making profit..with huge debts, it will take years for them to START MAKING PROFIT

Posted by johnny cash > 2016-12-17 20:42 | Report Abuse

Even CIMB RESEARCH is also questioning the same thing, when they will start making profit, they had downgraded the stock even after the latest project wins

Posted by johnny cash > 2016-12-17 20:45 | Report Abuse

Even CIMB RESEARCH,, also knows that this idiots are going to have hard time ahead in clearing the debts, and they downgraded the stock

Posted by johnny cash > 2016-12-17 20:48 | Report Abuse

SO NOW THE ISSUE IS NO MORE ON WINNING PROJECTS OR POWERPLANT FIRING, IT IS SOMETHING ELSE

Posted by johnny cash > 2016-12-17 20:53 | Report Abuse

THIS BOTH CLOWNS, ANTO AND YING THAT CAME IN RECENTLY, IS JUST FOR A SHORT TERM DANCE ONLY,SO DO NOT GET SO EXCITED BOUT IT, THAT THEY WILL STAY LONG IN THIS COUNTER, JUST A SHORT TERM CLOWN DANCE

Posted by charles pang kah keet > 2016-12-18 19:59 | Report Abuse

hope monday starting will going touch to 0.90sen. after second journey touch to 1.00 above, good luck to mudajaya group, hope the india power plant will recover soon.

Posted by johnny cash > 2016-12-19 16:01 | Report Abuse

http://www.theedgemarkets.com/en/node/321979 RAM RATINGS

Posted by johnny cash > 2016-12-19 16:02 | Report Abuse

RAM places Mudajaya’s A2/P2 ratings on negative outlook

Posted by johnny cash > 2016-12-19 16:03 | Report Abuse

DATED 16th december 2016

Posted by wanny86 > 2016-12-19 18:41 | Report Abuse

latest announcement... http://www.bursamalaysia.com/market/listed-companies/company-announcements/5293005

Posted by Ehl1964 > 2016-12-19 18:44 | Report Abuse

MRT2 project in the pocket now. HAHAHA.

Posted by heaven123 > 2016-12-19 21:19 | Report Abuse

All incoming projects totally mean rubbish to stock prices. As long the turbine not connected to the main grid share price will stay below 1.00. Both Ng and Antoni pergi mati.