Posted by predator548 > 2020-03-12 11:27 | Report Abuse

haha... cut loss already... buy back when sentiment is better :D

Posted by Alfonso > 2020-03-12 11:43 | Report Abuse

byebye monkeys in mudabanglajaya

Posted by johnny cash > 2020-03-12 13:35 | Report Abuse

present government not very conducive to mudajaya.. it was active during the last government under mahathir, court case also was running smoothly... now i think they lost hope in the new government... looks like BACK TO SQUARE ONE

Posted by johnny cash > 2020-03-12 13:36 | Report Abuse

MUDAJAYA was very confident during mahathir era... like people says always, good things won t run long

Posted by johnny cash > 2020-03-12 13:37 | Report Abuse

pitty mudajaya,, always no LUCK

Posted by Alfonso > 2020-03-12 15:01 | Report Abuse

Mudabanglajaya really kesian, always try to be strong but in fact sometime u need luck to support u too, -ve luck meh

Posted by mahorse > 2020-03-13 07:21 | Report Abuse

Past 2 years foreign funds have been selling our market. On hindsight , this was a blessing. Now selling less severe compare to other markets.

Posted by Alfonso > 2020-03-13 16:26 | Report Abuse

i want free xxx with mudabanglajaya

Posted by Eric963708 > 2020-03-16 09:28 | Report Abuse

i don't know how many ppl lost heavily on this counter

Posted by Alfonso > 2020-03-16 15:12 | Report Abuse

no matter how lost, we need to be strong also, dun give up bro.

Posted by Alfonso > 2020-03-17 08:12 |

Post removed.Why?

Posted by Alfonso > 2020-03-17 10:44 | Report Abuse

20 cents, hehe Rest well peacefully

Posted by yip_net > 2020-03-17 13:40 | Report Abuse

Ha Ha Ha RWP not RIP.

Posted by Timinlcw > 2020-03-17 19:57 | Report Abuse

buy more at 20cts

Posted by Eric963708 > 2020-03-19 18:45 | Report Abuse

now days even had project company also die, share drop like no tomorrow

Posted by timing_is_everthing > 2020-03-21 16:52 | Report Abuse

just wonder the taiwan new boss 27.5% mudajaya share bought how much ?

Posted by Papayashot > 2020-03-24 15:21 | Report Abuse

hi, may I know why Mudajya make loss? It has a power plant in India right? The plant already operates. How come still need to declare impairment?

Posted by hng33 > 2020-04-02 15:41 | Report Abuse

leverage on balance margin, bought back mudajaya at 23-23.5sen

Posted by hng33 > 2020-04-03 10:14 | Report Abuse

sold back mudajaya at 24sen

Posted by moneymaker99 > 2020-04-07 14:08 | Report Abuse

0.3

Posted by luckyparit > 2020-04-20 14:13 | Report Abuse

Good volume for last few trading day, any special news?

Posted by Benjamin888 > 2020-04-22 13:24 | Report Abuse

what happen to placement announced many months ago?

Posted by Simon_khoo > 2020-04-26 18:42 | Report Abuse

Think outside box, any chance of mudajaya being the sole distributor of rapid COVID-19 test kits for India?

Posted by Simon_khoo > 2020-04-26 18:42 | Report Abuse

Big business opportunity!

Posted by Benjamin888 > 2020-04-28 20:59 | Report Abuse

what is the new mgt team doing? almost 3 years without any new contracts?

Posted by Benjamin888 > 2020-04-28 21:00 | Report Abuse

ya Big business opportunity...losing their pants in RKM!

Posted by Alfonso > 2020-05-04 09:56 | Report Abuse

Mudajaya is really in piece of sh** at the moment, after covid19, i dunno how this co. is going to survive...cant believe there is such co. in malaysia. Better go jual pisang goreng, I am sincerely advice to the BOD

Posted by Alfonso > 2020-05-05 16:11 | Report Abuse

Lciao workers take free salary from low to top all monkey coffin dance inside menara MCB, really MCB lah they all. + covid19 = gg.com

Posted by fruitcake > 2020-05-06 09:59 | Report Abuse

hahaha. chill, alfonso

Posted by Alfonso > 2020-05-08 10:34 | Report Abuse

I saw mudajaya ED Anthony Teoh on TV yesterday talk like expert but infact your MCB is still Acting like MCBai

Posted by punter123 > 2020-05-08 11:09 | Report Abuse

any news on India, announced power selling for unit 3 but no update so far? Any delay?

Posted by punter123 > 2020-05-08 11:10 | Report Abuse

based on last 2 qtrs announcement, RKM share dropped from 26% to below 20%? what happened? is this because of restructuring? what happen to 7% sales? why no announcement?

Posted by Alfonso > 2020-05-09 15:59 | Report Abuse

Mudajaya new chinese name from "cheng rong" to "huihuang", thought changing of fengshui name by new investor Kuo can bring MCB to the right path, however whatever belt & road system dunno still applicable or not

Posted by Alfonso > 2020-05-09 16:00 | Report Abuse

Kuo worst decision is to invest in MCB, he sure crying without tears now

Posted by punter123 > 2020-05-09 17:26 | Report Abuse

Has lee family/mulpha really sold down mudajaya? many common independent directors and even executive director Lee Eng Leong
Based on annual report 2018. both exec directors earned package in millions plus big stock options. lee is serving as ED for both and getting paid millions from both Mulpha(AR p39) and Mudjaya (AR p53)?

09/05/2020 4:55 PM

Posted by punter123 > 2020-05-09 17:28 | Report Abuse

for mulpha shareholders, sad case, many corporate exercise to raise fund with NTA > RM10, with many assets oversea. share price is lavishing ard 1.45 now, so much lower than exRight @ 2.50 (after 10 to 1), fund raised from shareholders.

Posted by punter123 > 2020-05-09 17:29 | Report Abuse

MSWG never not raise questions to Mulpha (per AR) on corporate governance?

Posted by johnny cash > 2020-05-13 13:40 | Report Abuse

https://www.theedgemarkets.com/article/agriculture-construction%C2%A0worst-hit-sectors-contracting-87-and-79-yoy-respectively-1q20-%E2%80%94-bnm

Posted by johnny cash > 2020-05-13 13:41 | Report Abuse

CONSTRUCTION SECTOR WORST HIT,,

Posted by ChartTrader > 2020-05-13 22:01 | Report Abuse

MUDAJAYA(5085)

Daily Chart--- Uptrend is intact, higher high and higher low so far. It is under healthy consolidation after hitting $0.36 on 5/5/20.Immediate support is at $0.33/$0.325 and strong support at $0.31. So far $0.33 had been tested several times and hold.
It is anticipated to close the “Fallen Gap” that happened on 9/3/20 at $0.35/$0.375. A break above $0.375 it is expected to try $0.40 and possible Target of $0.45.

Stop Loss if $0.30 is violated.

Posted by winefficietly > 2020-05-14 15:45 | Report Abuse

With MCO Bursa Malaysia has granted Extention til 30.06.2020 for Annual Report 31.12.2019 to be issued.
At the same time Quarter 1, 2020 is also expected to be announced.
Anticipate the write back of impairment for its Associate company of 26% RKM which is NIL value on the book of the group as its has achieved commercial operation Date and produced power to supply to PTC India for the 550 MW project. The write back will have extreme huge Positive Impact to the company Profit and loss statement and increased earning for the company.
Investors can consider to look into this counter

Posted by punter123 > 2020-05-15 08:23 | Report Abuse

In the latest Q4 report, there is a big tax expense of 12.9mil recorded. What is the nature of charge?
Also, it is mentioned that RKM's equipment procurement deferred income of 244.6mil fully recognised following disposal. What is the rationale of disposal? Any tax impact?

Posted by punter123 > 2020-05-15 08:26 | Report Abuse

Per Q4 report, group NTA now is only 0.25 and total borrowing are 880mil. Equity is only 183.6mil

Posted by Jacky88 > 2020-05-15 09:38 | Report Abuse

Risky is it?

Posted by winefficietly > 2020-05-15 11:25 | Report Abuse

For the Tax expenses of RM12.9 mil if u look at note18 income tax expense of the Quarter 4 announcement, the note stated that it resulted from subsidiary imposed by Inland revenue board in relation to year of assessment 2012 and 2013 (likely due to additional assessment via composite assessment) which result it corporate tax above statutory rate of 24%.
This further shown via group cash flow that tax paid only RM4.85 mil and tax refunded RM14.1 mil.
Hence, on positive note that the group highly unlikely got any major tax issue from that particular subsidiary.
With paying tax position that can interpreted the company has turnaround and good candidate for investing in this counter

Posted by winefficietly > 2020-05-15 12:20 | Report Abuse

With the group service concession assets stood at RM318.8 mil and Total Non Current Assets of RM476.3 mil (represents 67% of Total Non Current Assets ) and Current Assets of RM851.5 mil ( cash and cash equivalent of RM301.8 mil represents 35% of current assets) and total assets of RM1,327.8 mil. As the industry Mudajaya in, required huge capital outlay and anticipate sales of power for it 550 MW to PT India which will generate substantial income.
Hence, previous impairment on financial Assets of RM28 mil and impairment loss of investment In associate of RM39.5 mil for 2019 and 145.5 mil in 2018 will lightly be reversed in 2020 possibly in Q1 which will give positive impact to the group. Furthermore, the paid up capital of 605.4 mil shares, this will give handsome reversal to NTA of the Group.

Posted by punter123 > 2020-05-15 18:01 | Report Abuse

question is the nature of additional tax assessment.
RKM reversal - what is the basis of reversal allowed under accounting standard? In Q4 announcement, RKM is still under lender restructuring.
Also, there is announcement on legal suit with Crest. Based on Annual Report 2018 (note 14, pg155), Crest building is part of the total asset (value 199 mil?), which contribute to NTA of 0.25 . Under current market situation, what is the market value of the building considering it is under legal case?

Posted by punter123 > 2020-05-15 18:04 | Report Abuse

highly risky stock, with high debt, uncertainty in RKM, legal case for Crest, and dwindling construction order book (reported at 1.4bil at Q4, how much is for LRT3? With value revised down under PH government from 30+ bil to ard 16 bil, how much downward revision required?)

Posted by punter123 > 2020-05-15 18:05 | Report Abuse

based on its balance sheet, reported legal case, order book, shareholding etc

Posted by winefficietly > 2020-05-17 22:53 | Report Abuse

With Sin Chew Daily today news stated the possibility of Malaysia-Singapore high speed rail restart, this might boost construction counters like Mudajaya