MUDAJAYA GROUP BHD

KLSE (MYR): MUDAJYA (5085)

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Last Price

0.10

Today's Change

+0.005 (5.26%)

Day's Change

0.095 - 0.10

Trading Volume

52,500


22 people like this.

10,342 comment(s). Last comment by trader808 4 weeks ago

Posted by GenghisHoe > 2014-05-15 07:06 | Report Abuse

Hi Jonny cash,

Could I know how do you get those abovementioned transactions traded? Through the software or?

AhMoi

5,802 posts

Posted by AhMoi > 2014-05-15 09:56 | Report Abuse

really hope tuajaya will stop supporting its price by stopping its share buyback and let its price drops to the low that it should be so that investors, mostly long time, loyal, very patience, and misguided investors in tuajaya can get some at lower prices to average down.

AhMoi

5,802 posts

Posted by AhMoi > 2014-05-15 16:14 | Report Abuse

stop the freaking share buyback now!!!!!

let the price drops to the low that it should be so that investors, mostly long time, loyal, very patience, and misguided investors in tuajaya can get some at lower prices to average down.

you freaking share buyback have made the prices neither here nor there and making them cannot decide whether to sell or to buy... let it drop

Investeye

2,347 posts

Posted by Investeye > 2014-05-19 09:02 | Report Abuse

Further take opportunity to accumulate few lots of Mudajaya at RM2.60 due to positive political environment in India!

Investeye

2,347 posts

Posted by Investeye > 2014-05-19 09:23 | Report Abuse

Got few lots at RM2.60! With the positive election outcome factor in India, potential Kinrara-Damansara Expressway (Kidex) project and venture the Power business in indonesia... Juts worth to accumulate at low despite 1 shareholder alway disposed the share ( may due to company politic).

AhMoi

5,802 posts

Posted by AhMoi > 2014-05-19 10:25 | Report Abuse

alo investeye, are you sure??

hitting AZRB is a good move as it has billions of projects in hand which can last a couple of years, and also winning some more

tuajaya on the other hand is having less than one year of projects in hand and don't know can win projects or not

also, people here have misguidedly harping on the indian power project like it is the saviour despite tuajaya has only 26% in this indian company

Investeye

2,347 posts

Posted by Investeye > 2014-05-19 11:29 | Report Abuse

Hi AhMoi, with present price of RM2.60, it is worth for me to take risk to invest in Mudajaya. Further more, every quarter of 3% dividend is quite attractive as well if the share needs to hold for a awhile.
For AZRB, i still keeo the eye on it, the strange thing is W up but the mother share down. This is definately control or manupilated by some one. Anyway, i do locked in few lots at RM0.715 for AZRB this morning.

Investeye

2,347 posts

Posted by Investeye > 2014-05-20 21:32 | Report Abuse

Hope there is a good news of Kidex project for Mudajaya.
http://www.theedgemalaysia.com/mobile/article.php?id=290407

johnny cash

6,400 posts

Posted by johnny cash > 2014-05-20 22:42 | Report Abuse

UEM Sunrise 1Q &
conf. call, SBC Corp
4Q, Mudajaya 1Q,
Ta Ann 1Q,
Signature 3Q

MUDAJAYA EARNING REPORT ON 26 MAY THIS MONTH

AhMoi

5,802 posts

Posted by AhMoi > 2014-05-21 10:32 | Report Abuse

tuajaya have.... errrrr..... errrrr.... oh ya ya, share buyback, share buyback.... not all -tive ya

johnny cash

6,400 posts

Posted by johnny cash > 2014-05-21 13:40 | Report Abuse

what i am thinking earning report won t be that good,, but situation will change a little due to kidex...kidex is the saviour

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-05-21 13:42 | Report Abuse

current price is very near to 6months low...

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-05-21 13:43 | Report Abuse

will go to 2.50? contd like this until worldcup?

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-05-21 13:44 | Report Abuse

1 year lowest 2.3+ but i dont think will reach this level right?

AhMoi

5,802 posts

Posted by AhMoi > 2014-05-21 15:45 | Report Abuse

well, pray hard that the indian power plants will fire as expected this time, else not just ex director will dump, everyone will dump and 2.3+ again

AhMoi

5,802 posts

Posted by AhMoi > 2014-05-21 15:49 | Report Abuse

tuajaya have.... errrrr..... errrrr.... oh ya ya, share buyback, share buyback.... not all -tive ya

cavino

53 posts

Posted by cavino > 2014-05-21 17:43 | Report Abuse

The share buy back is on very small scale only. There will be no impact at all on the counter.

Investeye

2,347 posts

Posted by Investeye > 2014-05-21 21:34 | Report Abuse

A potential project (part of the WCE) for Mudajaya.
http://www.chinapress.com.my/node/528130

Investeye

2,347 posts

Posted by Investeye > 2014-05-21 21:38 | Report Abuse

Mudajaya subsidiary started production (solar energy)
http://www.orientaldaily.com.my/index.php?option=com_k2&view=item&id=117778:&Itemid=198

(吉隆坡21日讯)成荣集团(MUDAJYA,5085,主板建筑股)旗下子公司--Special Universal私人有限公司,位於Gebeng的10兆瓦太阳能发电厂竣工投產。

文告指出,这家太阳能发电厂先前已经与国家能源签下21年的可再生能源购电协议,分別在第一阶段和第二阶段以每千瓦时90.16仙和82.95仙的价格购买电能。

成荣集团也表示,该发电厂將会为公司未来收入作正面贡献。

Investeye

2,347 posts

Posted by Investeye > 2014-05-21 21:46 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1628441

The Board of Directors of Mudajaya is pleased to announce that Special Universal Sdn Bhd, a 60%-owned subsidiary of Mudajaya Energy Sdn Bhd, which in turn is a wholly-owned subsidiary of Mudajaya Corporation Berhad, which in turn is a wholly-owned subsidiary of the Company, has successfully completed and commissioned the 10MW solar energy power farm, located at Gebeng, Pahang.

The concession period for the 10MW Solar Energy Power Farm is for 21 years as per the Renewable Energy Power Purchase Agreements signed with Tenaga Nasional Berhad. The Feed-in Tariff Rates approved by the Sustainable Energy Development Authority Malaysia (“SEDA”) for Phase I and Phase II of the solar energy power development with 5MW each are RM0.9016/kWh and RM0.8295/kWh respectively.

The 10MW Solar Energy Power Farm will provide a recurrent income stream to the Group and is expected to contribute positively towards the earnings and net assets of the Group for the current and future years.

This announcement is dated 21 May 2014.

Orson Chin

2,064 posts

Posted by Orson Chin > 2014-05-22 00:32 | Report Abuse

So... Will up?

AhMoi

5,802 posts

Posted by AhMoi > 2014-05-22 09:57 | Report Abuse

small little news, will not up la...


and, even if indian power plants can fire up, tuajaya is just making good its past mistakes

the main problem is tuajaya's projects in hand are running low and it cannot win new projects


might as well let the price drops, don't support with share buyback, let the price drops so that, at least, investors can average down, lower their cost while hoping, betting that tuajaya can win projects soon, which by no mean is certain... errrr... which in fact is rather uncertain

titus

4,159 posts

Posted by titus > 2014-05-22 13:58 | Report Abuse

ah moi. I don't understand why need drop to average down. If you holding at hgh price, you can buy more to average down now. No need to wait for it drop further. I fully support mudajaya for share buyback. I do hold some mudajaya stk with average of 2.64. & i have average down to that price.

titus

4,159 posts

Posted by titus > 2014-05-22 13:59 | Report Abuse

When there is no news, it is time to accumulate. If the news are out, I don't think you be able to chase it and it is time to sell.

Investeye

2,347 posts

Posted by Investeye > 2014-05-23 10:08 | Report Abuse

Titus, i fully agreed with you. We must true and believe what we are invested although some factors are out of our control. Else either better don't invest or just used as a lesson learned for future investment (just like tuition fee).

AhMoi

5,802 posts

Posted by AhMoi > 2014-05-23 10:38 | Report Abuse

the point is averaging down at 2.56 this morning sure feel hell a lot better than averaging down at 2.65 and seeing the price dropping and dropping

AhMoi

5,802 posts

Posted by AhMoi > 2014-05-23 10:43 | Report Abuse

get it??

AhMoi

5,802 posts

Posted by AhMoi > 2014-05-23 11:02 | Report Abuse

the price is dropping a little

if it is somehow in response to my pledge, then very good

give you 7 out of 10 for willingness to listen to customers' feedbacks

Investeye

2,347 posts

Posted by Investeye > 2014-05-23 11:35 | Report Abuse

Take opportunity to accumulate more at RM2.57
Anyway, happy to receive quarterly dividend ( about 3%) from this counter.

titus

4,159 posts

Posted by titus > 2014-05-23 14:47 | Report Abuse

Ah moi, I get your point and please also note that there is alot more people having the same thought when you complete your averaging down. There will be never ending as there will always people wish it go lower & some hope it really crash too. The cycle will never end......get it?

titus

4,159 posts

Posted by titus > 2014-05-23 14:48 | Report Abuse

Invest within your mean and if you think the stock is good, keep holding and buy more when it is down. It goes up, sell. If you think it is lousy stock, sell and don't look back.

ahmoi

5,802 posts

Posted by ahmoi > 2014-05-24 16:46 | Report Abuse

titus you are wrong cos once the price drops to a level more in line with its FA or to a level most investors think it should be, the dropping will end.

if on the other hand, it is the share buyback which is stopping the price from dropping, it is interrupting with demand and supply. it is like a subsidy

also, if investors want the price to drop, that indicates they have the mean to buy more.....

speakup

26,851 posts

Posted by speakup > 2014-05-24 17:25 | Report Abuse

share buyback is good. at the end, depends on what the company does with the treasury shares. will they sell it back to open market? will they cancel the shares? Will they give it to shareholders as share dividend?

speakup

26,851 posts

Posted by speakup > 2014-05-24 17:26 | Report Abuse

Some companies like redtone sell back their treasury shares.

speakup

26,851 posts

Posted by speakup > 2014-05-24 17:26 | Report Abuse

Some companies like parkson give their treasury shares as dividends to shareholders.

Reno Wong

31 posts

Posted by Reno Wong > 2014-05-26 09:10 | Report Abuse

SBB is only good for the company if the share price is undervalued. Now i see the volume of SBB is too low ti make a diff and it seems like juz for the sake of holding up the share price.

AhMoi

5,802 posts

Posted by AhMoi > 2014-05-26 12:01 | Report Abuse

Spot on Reno, and, holding up the price and makes it neither here nor there

and, it is strange that someone is quoting parkson as an example, i mean, just look at parkson's prices, ought to be 2.60 but supported at 3.+ when the buyback was on, about 3.+ before payment of treasury shares as dividend and 2.6+ now.... why go thru all the troubles??? why dont just let it drop to 2.6+ or lower then so that shareholders can decide whether to buy to average down, all vie the market without the company interfering??

AhMoi

5,802 posts

Posted by AhMoi > 2014-05-26 12:06 | Report Abuse

and, the long queue now to buy at lower prices would be the proof that a lot of investors here agree that what AhMoi is saying is true...

johnny cash

6,400 posts

Posted by johnny cash > 2014-05-27 09:40 | Report Abuse

did mudajaya already announce earning report???

ahmoi

5,802 posts

Posted by ahmoi > 2014-05-27 13:56 | Report Abuse

ain't it good that the price comes down so that you can average down

after all the 52 wks high was 3.04 and the more recent high was 2.83

nevertheless, basing just on the volume it would appears Mr K is not buying just yet, what is he waiting for?? could it be for the price to go down further??

the 52 wks low was 2.42

johnny cash

6,400 posts

Posted by johnny cash > 2014-05-27 14:00 | Report Abuse

i think bad earning report is coming...but positive news will be kidex..the downtrend won t be that much

johnny cash

6,400 posts

Posted by johnny cash > 2014-05-27 16:05 | Report Abuse

oh i got news,,earning report today after 5pm

johnny cash

6,400 posts

Posted by johnny cash > 2014-05-27 17:59 |

Post removed.Why?

AhMoi

5,802 posts

Posted by AhMoi > 2014-05-27 22:23 | Report Abuse

What a pleasant news indeed. I read that Mudajaya also announce their quarter result today. Mudajaya next profit drop by 40% and Azrb net profit margin increase drastically by 80%. Both Azrb and Mudajaya awaiting their announcement on highway award contracts. I prefer Azrb as they are in comfortable position with 3.5 billions bookwork which can last for many years to come. Let's hope Azrb will be able to maintain thei next profit margin in years to come. Thank you.

~Tommylim

Investeye

2,347 posts

Posted by Investeye > 2014-05-28 08:13 | Report Abuse

At present price, i believe it is worth to accumukate as all the drop in the profit was ready price in the the opportunity to get more business of few projects are high plus the contribution of the activity of power plants in india.

smallfish

124 posts

Posted by smallfish > 2014-05-28 09:22 | Report Abuse

Let's admit it. This management sucks big time. The management does not know how to replenish jobs by winning contracts. This management does not have business sense.

johnny cash

6,400 posts

Posted by johnny cash > 2014-05-28 09:32 | Report Abuse

very choosy type of management,,only wants higher margin contracts..even AZRB also can do much better then them..

johnny cash

6,400 posts

Posted by johnny cash > 2014-05-28 09:33 | Report Abuse

CREST BUILDER also doing much better then them...

AhMoi

5,802 posts

Posted by AhMoi > 2014-05-28 11:41 | Report Abuse

kidex is facing fierce objections

1mdb can't list its power assets and is even asking for extension of time for loan repayments, the 1mdb power plant is gonna be awhile more

in the meantime, projects in hand will be completed in less than one year

most recent project win is that small little indon project

soon no revenue but fixed costs and expenses will continue to run

that 52 wks low at 2.42 is in danger..... as while there may be projects in future, but if you line up tuajaya with the other construction cos, it is surely in the bottom half

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