kirawang, yes, i'm a trader ... at least u mention this term! seem not everybody can really understanding what a trader is? not to say what is the advantage of trading! :-)
counters for trading and counters for investing have different characteristics ... i think, this is totally not tot by some ppl, their mind is one way, that's why they don believe ... :-)
MUDAJAYA GROUP BERHAD ("MUDAJAYA") - LETTER OF ACCEPTANCE FROM PRASARANA MALAYSIA BERHAD FOR CONSTRUCTION AND COMPLETION OF GUIDEWAY, STATIONS, PARK AND RIDE, ANCILLARY BUILDINGS AND OTHER ASSOCIATED WORKS FOR PACKAGE GS01 FOR CONSTRUCTION AND COMPLETION OF LIGHT RAIL TRANSIT LINE 3 (LRT3) FROM BANDAR UTAMA TO JOHAN SETIA
The contract sum for the Project is RM1.16 billion, which comprises RM1.09 billion being the tender sum and RM65.39 million being 6% GST on the tender sum. The Project is expected to be completed by February 2021 with a construction period of 39 months from the date of the Letter of Acceptance.
Good news indeed. My suspicion has been that the stock price was suppressed before the private placement. Coincidentally, I was just informed this evening that there might be more good news coming. Anyway, I don't even trust such news so I will ask you to be cautious if you hear any rumours.
If I remember correctly, the management did say the issue relating to their second power plant would be resolved by this year. We are not far not year end anyway. This could be another good news.
mudajaya proved to all sceptics wrong with a huge contract win. Since it's mulpha's associate co., I look with interest its outlook despite no share on this counter. congratulations to all mudajaya holders. hopefully, it can win more contracts going forward
There is two issues on 2 Turbine. 1. Supply Contract ? 2. Turbine cant acheive to a max of 80% loading. In order words, the entire configuration and equipment had big problems. Fixing cost all involve big money, already been a year fixing. Warranty nö longer valid. Maintain cost appox 5 million per month and dont forget add 3 & 4 turbine.
Ha Ha ... is good news, at least it can boost the price .... one way thinking: cost 90 sen, earns 90 sen =earning 100%. alternative way of thinking: cost 90 sen, earns 20 sen +30sens +40sens =earning 100%! ha ha .... :D)
But they the management already mention, that their cash flow, not affected by the indian IPP projects.. one thing is good they already started getting big local wins, order book now stand at 3.5 billion...indian IPP is going to be a slow one, we must be patience on it, after completing it, hope they can sell it fast..this will be a lesson to them, not at all to do any type of business in india anymore...JUST PAY ATTENTION ON OUR LOCAL TENDERS, THAT WILL BE ENOUGH
The question is not "cant make profit out of characteristic". But to doing good by pointing issue and save ppl got trap unless bapa pencuri got 2.6 still pretend good evil.
ha ha ... one way thinking, and didn't observe the change of situations, only haunted by past experience, and applied it into all situations will not help. don want to say more .... is ok, not to believe others can make good money out of it .....
today is another good day for many, even if it drop back later, is equally good, is an opportunity ......
wishing everybody has many good tradings! mudajaya is not a dying counter .... bye! good luck!
facts about mudajaya, - is definitely not a going-to die-off company (a candidate worth for trading)
- until now, is loss making (if not so, u can't get it so cheap)
- is somebody manipulates the price movement (most of the counters are so, even blue chips, have to face it! if don want to face this, the only way is don buy share)
- is not a blue chip that price mostly moving up (after selling, cannot buy back cheaper). is with good and back news and the price is wavy. ....
- avoid buying too high price that may face difficulty in selling (look for other counters, if the price go up too high, they are many counters out there)
- avoid huge loss, huge loss can drive ppl insane ... is an very good example .....
- don think one way, example, cost 90 sen, earns 90 sen =earning 100%. alternative way of thinking: cost 90 sen, earns 20 sen +30sens +40sens =earning 100%!
alternative way needs several tradings, but more practical. rather than waiting it goes up to 1.80 (when??)
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kenxs
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Posted by kenxs > 2017-10-09 16:35 | Report Abuse
ya man.. wat is gaho XD