MUDAJAYA GROUP BHD

KLSE (MYR): MUDAJYA (5085)

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Last Price

0.14

Today's Change

+0.005 (3.70%)

Day's Change

0.135 - 0.14

Trading Volume

78,600


22 people like this.

10,318 comment(s). Last comment by Solomon007 3 weeks ago

Posted by Moneyking543 > 2023-07-06 13:42 | Report Abuse

macam tahi

Posted by Moneyking543 > 2023-07-06 13:42 | Report Abuse

tahi lembu?

Posted by Hew Kiong Peng George > 2023-07-07 06:06 | Report Abuse

To earn more, I already enter at 1sen,target 2sen and above b4 Oct. Haha

Posted by Hew Kiong Peng George > 2023-07-20 11:16 | Report Abuse

Decay ur lin, 2.5sen now

Posted by Hew Kiong Peng George > 2023-07-28 20:38 | Report Abuse

2.5sen warrant again

curiousq

785 posts

Posted by curiousq > 2023-08-02 21:15 | Report Abuse

very big contract, tomorrow goreng !!!

mf

27,854 posts

Posted by mf > 2023-08-02 21:34 | Report Abuse

Dow Jones

Dow Jones Industrial Average

35,473.64

-157.04

0.44%

Nasdaq

NASDAQ Composite

14,126.97

-156.93

1.09%

Posted by Hew Kiong Peng George > 2023-08-03 08:51 | Report Abuse

Warrant hot day

rr88

6,320 posts

Posted by rr88 > 2023-08-03 09:16 | Report Abuse

No go. Big seller ambush. A one day wonder. Stay away.

Wilson786

47 posts

Posted by Wilson786 > 2023-08-03 09:16 | Report Abuse

flyyyy 🚀

Tripaka

2,832 posts

Posted by Tripaka > 2023-08-03 09:21 | Report Abuse

Warrant 1sen become 5sen. Expire Oct this year. Buy and be slaughtered later unless you are lucky to make some peanuts.

Posted by Hew Kiong Peng George > 2023-08-03 09:32 | Report Abuse

Warrant 5.5sen.anyone still hold?

Posted by Hew Kiong Peng George > 2023-08-03 09:44 | Report Abuse

Trader808, r u ok? No earn from warrant?

Posted by Hew Kiong Peng George > 2023-08-03 09:58 | Report Abuse

Warrant will be downtrend, operator cash out, run for ur life

maimunah4

29 posts

Posted by maimunah4 > 2023-08-03 15:41 | Report Abuse

cheap cheap can buy

curiousq

785 posts

Posted by curiousq > 2023-08-03 15:54 | Report Abuse

only if mother share >0.22 (WA conversion price), then, people will convert

curiousq

785 posts

Posted by curiousq > 2023-08-03 15:56 | Report Abuse

ESCeramic is an example !!

Pokman

80 posts

Posted by Pokman > 2023-08-03 17:25 | Report Abuse

Masih boleh hold ke?

Kkristal

24 posts

Posted by Kkristal > 2023-08-03 17:37 | Report Abuse

Hold hold holdd !

Icon 888

2,215 posts

Posted by Icon 888 > 2023-08-03 23:14 | Report Abuse

Warrant Will burnt

Posted by Hew Kiong Peng George > 2023-08-04 06:15 | Report Abuse

Ya. I cash out all today after waiting almost 2 months..thanks for ur concern. To all warrant holder, pls run for ur life..operator cash out already

Posted by Hew Kiong Peng George > 2023-08-04 06:15 | Report Abuse

Tas is my next targeted share

Pokman

80 posts

Posted by Pokman > 2023-08-04 16:03 | Report Abuse

come on la..menang projek besar takkan harga bawah 20c

ismadi

65 posts

Posted by ismadi > 2023-08-16 10:21 | Report Abuse

construction stock coming

Posted by Hew Kiong Peng George > 2023-08-19 16:13 | Report Abuse

Warrant still gt meat provided coming week qr is fantastic..

willee2

1,086 posts

Posted by willee2 > 2023-08-21 23:07 | Report Abuse

sell all n run la

xiaoeh

2,127 posts

Posted by xiaoeh > 2023-08-21 23:27 | Report Abuse

Posted by willee2 > 17 minutes ago | Report Abuse
sell all n run la

willee2 why arh...? Any insider news?
technically look attractive, got news share share leh, dun simply run by yourself ok

Posted by Hew Kiong Peng George > 2023-08-29 18:45 | Report Abuse

Q2 net profit not good but cash flow is superb

faiz

49 posts

Posted by faiz > 2023-08-30 10:01 | Report Abuse

Malaysia to see 10%-15% GDP uplift from its energy transition policy
KUALA LUMPUR (Aug 29): Malaysia is anticipating the implementation of its newly launched National Energy Transition Roadmap (NETR) 2050 to spur new growth areas that will bring about a 10% to 15% uplift to its gross domestic product value, Minister of Economy Rafizi Ramli said.
Part of this will be supported by potentially higher value of green foreign direct investments (FDIs) into the country, Rafizi said at the launch of the second phase of the NETR earlier on Tuesday that was held in conjunction with The Energy Transition Conference 2023 here.

faiz

49 posts

Posted by faiz > 2023-08-30 10:02 | Report Abuse

The NETR has made strong projections on the benefits of Malaysia’s accelerated pivot towards net zero carbon emissions, including some RM120-180 billion of investment opportunities in co-funded government facilities for energy transition.
In total, investment opportunities are projected to be above RM1 trillion from now to 2050, the NETR report showed.
Malaysia’s grid readiness itself will require RM180 billion in investments in the period, according to energy minister Nik Nazmi Nik Ahmad.

faiz

49 posts

Posted by faiz > 2023-08-30 10:02 | Report Abuse

Tenaga Nasional Bhd, which is currently the sole operator of Malaysia’s transmission grid, has pledged to invest RM90 billion for the grid infrastructure in the next six years, president and CEO Datuk Baharin Din said at the conference.
In one of the panel sessions, Energy Commission chairman Mohammed Rashdan Mohd Yusof pointed out that the grid investments estimate would include costs to fund future infrastructure such as battery storage.
The shortfall, he said, could partly be addressed with the setting up of an energy exchange to “tap into other markets at higher prices”.

faiz

49 posts

Posted by faiz > 2023-08-30 10:02 | Report Abuse

Aside from grid infrastructure, the NETR also highlighted a slew of flagship catalyst projects, including a large-scale integrated renewable energy (RE) zone led by Khazanah Nasional Bhd; the development by Tenaga of a 500MW solar park and hybrid hydro-floating solar plant with a combined capacity of 2,500MW; and biomass co-firing at Malakoff Corp Bhd’s existing 2,100MW Tanjung Bin coal plant.

faiz

49 posts

Posted by faiz > 2023-08-30 10:02 | Report Abuse

Prime Minister Datuk Seri Anwar Ibrahim also announced plans to set up the National Energy Transition Facility (NETF), beginning with RM2 billion from the government as seed fund, to finance marginally bankable energy transition projects or those yielding below-market returns, such as electric-vehicle charging, hydrogen and carbon capture technologies.

Pokman

80 posts

Posted by Pokman > 2023-09-01 18:06 | Report Abuse

Mother share will go up after son die

ZenSen

59 posts

Posted by ZenSen > 2023-09-02 10:33 | Report Abuse

QR report not good?

trader808

287 posts

Posted by trader808 > 2023-10-08 14:51 | Report Abuse

1. Someone converted 163333 warrants to acquire the same number of shares by paying the conversion price of 0.22 per share whereas the current market price of Mudajaya is 18 sen

2.The total amount paid was 163333 x 0.22 equaled RM 35,933. Conversely,anyone who is not so ignorant would have just bought the same number of shares directly from the market at 18sen. The total amount needed would be 163333 x 0.18 is Rm29399.

3.You could have saved 35933 minus 29399 is RM6534.

4. Hence, acquiring 163333 shares through warrant conversion in which the warrant is out-of money instead of buying directly from the open market by paying RM6534 more is unwittingly wasteful.

5. You arithmetic studies has been sadly neglected.

6.This costly lesson also reflected a complete lack of knowledge and understanding of the features of derivatives and the underlying securities plus a complete breakdown in communication and collaboration between clients and remiser.

7. Convert wisely
Happy trading
8/10/23

koyokui

1,901 posts

Posted by koyokui > 2023-11-29 19:30 | Report Abuse

Buy quarter report positive

ZenSen

59 posts

Posted by ZenSen > 2023-11-30 14:16 | Report Abuse

This counter still got hope ka? Can someone enlighten me as my cost is RM0.22. Thanks

trader808

287 posts

Posted by trader808 > 2023-12-02 23:11 | Report Abuse

1.Several years ago major shareholders of Mudajaya sold out and a Taiwanese tycoon called Jerry acquired a hugely substantial block of shares and embarked on a journey to reorganize, restrategize, refocus and revive the company.

2. Since than it has made many attempts to energize the company to improve the business operation, generate cash flow, strength of balance sheet, settle some debts and reduce its gearing,

3 The company has several years ago undertaken a fund raising exercise to pay debts and improve working capital.
4 With the new management, there had been some improvements in some quarters announcement with raising revenue and contribution. However, revenue and profit were erratic and inconsistent.

5. Over the years it has undertaken a massive geographical expansion and penetrated into china by acquiring Real Jade a cement company.

6 The acquisition cost for Real Jade was HK400m or about RM240m. Real Jade has begun and managed to contribute in some small way to the bottom line of Mudajaya.

7 Just as the market begins to see a green shoot of recovery in mudajaya, it announced a shocking news a week ago.

8. Apparently, the company is still owing the vendor of real jade RM119M and with added interest payment has ballooned to 127m. Mudajaya is having a tough time and facing a great challenge to repay the remaining acquisition cost.

9 Hence, it has announced a corporate exercise outlining a proposed variation and propose right issue with warrants to address the acquisition cost and debts problems

10 In the proposal, the seller has agreed to accept RM72m in cash and the remaining Rm55m in shares with consideration price at 22 sen or 250m new shares.

11. The company will offer 1 right issue for every 4 share held at an issued price of 17sen. For every right share subscribed, one would rewarded with a free warrant. The conversion price is 22 sen

12. In general, corporate exercise of fund raising through right issue is bad news. The fact that the fund raise is used to pay off debts makes it worse.
However, since its announcement, share price surprisingly still manage to hold on resiliently.

13.Mudajaya has issued share capital of 1875m. It will issue 531m right shares. it will also issue 250m consideration share to the vendor. The vendor will also subscribe 62.5m right shares and upon conversion of new warrant ,531m shares will be added and the total enlarged share capital would ballooned to 1875+531+250++62.5+531 =2999m

14 The enlarged capital would have a severely huge burden and seriously damaging to the EPS and the future share price.

15. The cement industry and business in china and to some extend Real Jade could possibly affected by the negative sentiment in the property and construction sector caused by Evergrander , country garden.

16. Mudajaya closed at 16,5sen last Friday. The reason why it did not fall much could partly because the right share has been priced at 17sen. If it allowed to fall to far below 17sen , than the right share will not be attractive. Existing shareholders will not subscribe to the right shares. The fund raising exercise will fail. Vendor will not be paid and there will be consequences.

17. This is the recent development in Mudajaya.
The company is still facing issues and challenges.
Can Jerry pull through? Would you stay invested. The choice is yours.

18. Hope it helps. Happy trading
2/12/23

koyokui

1,901 posts

Posted by koyokui > 2023-12-10 21:31 | Report Abuse

Buy mudajya ecrl related company with low price

trader808

287 posts

Posted by trader808 > 2023-12-11 11:46 | Report Abuse

1.Mudajaya is still continuing on its long term decline. There is no light at the end of the tunnel.
2.It is still struggling with its challenge to raise fund to pay off debts.
3. In the end the enlarged share capital could possibly balloon to 3b shares. It will hurt the EPS and hence the long term share price.
4. Investors would have to endure some scorching heat and brutal cold. The right issue will dampen company sentiment and share price.
5. all the best
Trade wisely
11/12/23

xiaoeh

2,127 posts

Posted by xiaoeh > 2023-12-11 11:50 | Report Abuse

i have to admit my previously look good technical view had failed by far.

trader808

287 posts

Posted by trader808 > 2023-12-11 16:19 | Report Abuse

Do not be overly discouraged. Profit from the lesson. Sell out,cut loss and move on.
Best wishes n happy trading
11/12/23

fiqi22

5 posts

Posted by fiqi22 > 2 months ago | Report Abuse

can"t move

Orson Chin

2,012 posts

Posted by Orson Chin > 2 months ago | Report Abuse

rubbish company。。。。。 keep drop only

Ahmad Cendana

2,331 posts

Posted by Ahmad Cendana > 2 months ago | Report Abuse

Used to be one of my most favourite companies to speculate on. Quite a long time ago, maybe 10 years(?) Had thought about buying some for old times sake. But after reading @trader808's comments here... No need old times lah. Better to speculate on something else.

koyokui

1,901 posts

Posted by koyokui > 1 month ago | Report Abuse

Buy tp 18 sen

koyokui

1,901 posts

Posted by koyokui > 1 month ago | Report Abuse

Saudi neom project?

paktua73

18,259 posts

Posted by paktua73 > 1 month ago | Report Abuse

lai lai break rm0.19


tut tut
harap back previous higher laa

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