Posted by valuelurker > 2014-03-01 10:51 | Report Abuse

the gravy train will leave soon....

Posted by kenken85 > 2014-03-01 19:25 | Report Abuse

Sorry not familiar with mudajaya. What is it relevant with 1MDB with mudajaya?

Posted by Orson Chin > 2014-03-01 19:28 | Report Abuse

Power build by mydajya

Posted by johnny cash > 2014-03-01 20:14 | Report Abuse

http://klse.i3investor.com/blogs/koonyewyinblog/47525.jsp

Posted by johnny cash > 2014-03-01 20:22 | Report Abuse

SHOW ME YOUR POWER--first firing of the powerplant, end of march, mudajaya will shoot up... second firing at the end of 2nd quarter, price will shoot up again,, then 3rd and 4th... if everything moves like what is said, my god this counter is going to shoot up vertically..., not a slope anymore

Posted by Investeye > 2014-03-02 16:03 | Report Abuse

http://m.thesundaily.my/node/242295
Mudajaya will further up due to 1MDB project, it secured book order will double as per attached news.

Posted by Investeye > 2014-03-03 14:30 | Report Abuse

CIMB reported : http://klse.i3investor.com/blogs/valueinvestorresearchklse/47644.jsp
Mudajaya Group Bhd, which has carved a niche for itself as builder of power plants in the country, is touted to be the prime beneficiary from the award of the 2,000 MW power plant to the joint venture of 1Malaysia Development Bhd-Mitsui Co Ltd. According to industry officials when the joint venture was preparing its technical and financial proposal for the tender, much of the input came from Mudajaya that has undertaken the civil works for most of the power plants in the country.

"Mudajaya is the civil contractor for the two ongoing coal-fired power plant projects. It was the company that the 1MDB-Mitsui joint venture were working with," said an industry official.
Mudajaya officials were tight-lipped when asked about the prospects of the group benefiting from the power plant job that is estimated to be RM11bn. Mudajaya COO James Wong, however, said that they were looking forward to be involved in the civil work construction job for the much-touted 2,000 MW coal-fired power plant project.

Posted by johnny cash > 2014-03-03 15:25 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2014/03/03/Construction-outfit-tipped-to-be-prime-beneficiary-from-RM11bil-power-plant-job/

Posted by smallfish > 2014-03-03 15:26 | Report Abuse

"Wong said the first unit would be commissioned by the third quarter of this year, and the other three units to be commissioned in stages soon after."

http://www.thestar.com.my/Business/Business-News/2014/03/03/Construction-outfit-tipped-to-be-prime-beneficiary-from-RM11bil-power-plant-job/

Fark... 1st unit Commercial Operation Date is in 3rd quarter?

Posted by TonsilBasher > 2014-03-04 07:27 | Report Abuse

lose steam?

Posted by davidkkw79 > 2014-03-04 07:34 | Report Abuse

eventhough 1MDB has been awarded the 3B powerplant project, but it doesn't mean 1MDB will appointed mudajaya for constrution work, right ?

Posted by johnny cash > 2014-03-04 07:57 | Report Abuse

mudajaya specialist in powerplant

Posted by titus > 2014-03-04 09:18 | Report Abuse

i think the news did mention that mudajay has been acting as a consultant for 1MDB in certain aspect. I believed high potential mudajaya will get piece of the pie. Only matter of size.

Suprising all this good news fail to lift the stock. In fact, seem like there is alot of selling with the good news

Posted by johnny cash > 2014-03-04 13:48 | Report Abuse

rerating will only take place when they start firing their 4 powerplants in india.. market is waiting for this..for the 1MDB- project, sure mudajaya will get it because of their past good record, further more if not mistaken they are the only one that are specialist in this field.. not small piece, i think a bigger one they will get from 1MDB

Posted by johnny cash > 2014-03-04 13:50 | Report Abuse

FOR THIS STOCK A HOLDING POWER IS NEEDED AT THE MOMENT

Posted by smallfish > 2014-03-04 15:11 | Report Abuse

If India power plant can delay for one year, then don't you think there's a possibility for India power plant to delay two years, or maybe even three years? Maybe they need another 2 years to complete the India project instead of another 1 year.

Of course there's lots of selling pressure even though there's the 1MDB news. Because the order book is depleting with no new projects to replace the completed projects. So, earnings will be low for the next few quarter results.

Posted by Ken Lim > 2014-03-04 16:07 | Report Abuse

Don't worry la ! Today no power up because of pass tense managing director ng yi long dispose a bit share ma . He is hantu . Sell already after few days then buy back .. Remember lembaga bought this shares price until 2.78 .. Normally will up more la .. Steady a bit .. Power plant have to run already . Coz the whole building also set up already . If not build for what handsome n pretties . Buy Jor close eyes la .. Don't see the stock up down everyday . Waste time only

Posted by johnny cash > 2014-03-04 20:04 | Report Abuse

YES for this stock do not look everyday, just buy n hold it... get a good entry point using TA or bollinger.. doing business in india is very very very hard, a lot of red indians there

Posted by christopher6868 > 2014-03-06 00:27 | Report Abuse

This counter is gonna fly....mark my words....hop on the gravy train

Posted by Investeye > 2014-03-06 11:13 | Report Abuse

CIMB in it report "Road projects worth about RM40bn expected over the next three to four years"
A 465.3km road linking Kota Baru to Simpang Pelangi in Bentong, Pahang, worth RM8bn, is also in the works. It has been reported that a joint venture between MMC Corporation Bhd and Mudajaya Group Bhd is the front-runner for the job.
So, hope Mudajaya will "Jaya"!

Posted by Investeye > 2014-03-07 14:50 | Report Abuse

Hold on.... and up again! anyway, this counter i just bought a few lots at RM2.65 this year after sold off most during last year between RM2.90~RM3.00

Posted by Tang Michael > 2014-03-07 15:07 | Report Abuse

Mudajaya takes one year to rise 1 sen.....apex punya share.......slow train to nowhere.....

Posted by davidkkw79 > 2014-03-10 11:47 | Report Abuse

.........drop again !

Posted by titus > 2014-03-10 12:40 | Report Abuse

When drop, buying more

Posted by johnny cash > 2014-03-11 03:05 | Report Abuse

now finish no news all quite.. counter is tombstone now...sudah mati

Posted by sosfinance > 2014-03-13 10:31 | Report Abuse

CIMB projected an average growth of 18% over next 3 years. The intrinsic value is about RM7.70 (using the growth of 9%, or half of what CIMB said), say if we follow margin of safety, we should buy below RM7.70 x 35% = RM2.70 per share (which trading at around RM2.70). Perhaps that is why Mr Koon invested so much in this stocks, and of course, he knows the management well. So, upside is a about 2.5 times. If it doesn't move, keep it. Just like Coastal, it stays undervalued for a few years around RM2.00, today it is around RM4.80. Just waiting for for the catalyst and the actual result to convince the sceptics. CIMB used 40% x RNAV = RM3.30 as its target price. Not sure if CIMB is looking at one year horizon.

Posted by sosfinance > 2014-03-13 10:34 | Report Abuse

CAGR of EPS by CIMB for next 3 years is 18% p.a., I have used 9% CAGR to calculate the LT intrinsic value. Note, you only buy when it is traded not more than 35% of the intrinsic value (by Benjamin). Time will tell.

Posted by johnny cash > 2014-03-13 23:52 |

Post removed.Why?

Posted by johnny cash > 2014-03-14 14:03 | Report Abuse

http://klse.i3investor.com/blogs/valueinvestorresearchklse/48343.jsp

Posted by titus > 2014-03-17 17:05 | Report Abuse

Kidex highway end of year. India power plant end of year. IMDB power plant?.....seem like all waiting end of year. Will this year end bull for mudajaya?

Posted by Orson Chin > 2014-03-17 22:20 | Report Abuse

April will up lo

Posted by titus > 2014-03-17 22:22 | Report Abuse

Orson, why so sure?

Posted by sosfinance > 2014-03-18 17:35 | Report Abuse

This is a good purchase opportunity for medium term investors (1-2 yrs). At 2.70, the margin of safety is great. Although the intrinsic value is RM7.70 (using half the growth rate), as I mentioned earlier, there is a lot of limitation to this formula, hence, must always give discount to it. Even, say half of the IV price comes through, it is about RM3.85, giving us an upside of about 42%. Not too bad for one to two years of investment. Risk of going wrong is limited.

Posted by kuengkucheng > 2014-03-18 21:45 | Report Abuse

hope u right..

Posted by titus > 2014-03-18 22:41 | Report Abuse

using the buffet calculator also show the intrinsic value is 4.40.....not sure did i do it right but hope if will shoot up high. If 50% in 2 yrs...that will be awesome.

Posted by sosfinance > 2014-03-18 23:13 | Report Abuse

titus, where can we find buffet calculator? I don't mind try out a few method, if the IV is close, it can be used as a guide or reference price.

Posted by sosfinance > 2014-03-19 08:46 | Report Abuse

Some of the conditions on the IV by Benjamin

1. adequate size of co (market cap and liquidity)
2. strong financials - low gearing
3. No losses for last 10 years
4. 10 years growth of at least 3% p.a.
5. Price of stock <1.5 of book value
6. Price must be less than 15x PE for last three years
7. Consistent dividend for last 20 years

If you use this in Bursa's stocks, I don't think you can find many. So, please, the formula is just a reference. Example, if an analyst assume growth of 10% growth of EPS for next 2 years, the growth rate we used for calculation should not be more than 3%.

Posted by Orson Chin > 2014-03-19 09:05 | Report Abuse

Dividend Lo......

Posted by lawrencelim > 2014-03-19 10:31 | Report Abuse

mudajaya do have gearing even before the sukuk programme for raising fund this year. It's financial position show goods as the indian venture and some property investment are below 50% stake. Accounting standards allowed not to consolidate the assets and liabilities into the company financial position. So a lot of off balance sheet items we might not be able to see.

Posted by titus > 2014-03-19 21:47 | Report Abuse

Hi sosfinance
The below link is the calculator. It is actually from buffettsbooks.com
http://www.buffettsbooks.com/intelligent-investor/stocks/intrinsic-value-calculator.html

Posted by sosfinance > 2014-03-20 20:37 | Report Abuse

Thanks titus. Would be helpful. However, it would be great if we know the Technical Analysis as well. That way, we do not need to wait for years (sometimes).

Posted by sam2828 > 2014-03-21 14:15 | Report Abuse

this stock nice to swing trade.. LOL.. made few rounds profit buying and selling and buying back.. buy 2.75, sold 2.97, buy again 2.75 sold 2.87, buy again 2.71

Posted by smallfish > 2014-03-24 10:19 | Report Abuse

Any idea which big boy is selling this stock? There seems to be an unlimited supply of stock between 2.65 and 2.75.

Posted by sam2828 > 2014-03-24 23:48 | Report Abuse

this company got ESOS.. i think their employees cash out soon as they get the shares

Posted by sosfinance > 2014-03-25 00:45 | Report Abuse

Undervalued? Growth potential? Yes. yes. FA looks ok, is the TA looks good? And TA expert?

Posted by smallfish > 2014-03-25 16:19 | Report Abuse

For the past few weeks now, can clearly see somebody trying to distribute the Mudajaya shares. The seller tries hard not to push down the price too much. The seller would replenish the sell queue whenever the sell queue thins. And then at the end of the day, the seller would try to push the price up back to its previous closing price. In the hope that the following day the seller can continue to distribute around this closing price.

Posted by Minami Hagiwara > 2014-03-25 16:23 | Report Abuse

Q to buy @2.67 but still not done. Why ?

Posted by Minami Hagiwara > 2014-03-25 16:33 | Report Abuse

Pls tell me 15% dividend is how much ?

Posted by phyroxus > 2014-03-25 16:40 | Report Abuse

Hi smallfish, what does this mean?

Posted by buff-head > 2014-03-25 16:52 | Report Abuse

yes, i have the same feeling with smallfish too...