Posted by johnny cash > 2015-05-28 09:32 |

Post removed.Why?

Posted by 400523 > 2015-05-28 11:32 | Report Abuse

Correction Johnny Cash! 3 subsudiaries of fairfax group each bought 198,100 shares...you missed out FFHL and Fairfax financial. Whenever they buy...a few companies in the group will purchase the same number of shares. Now 8.19% owned by Fairfax and counting (44 million plus shares)

Posted by johnny cash > 2015-05-29 12:32 | Report Abuse

400523, thanks for highlighting it

Posted by Cherrie > 2015-05-29 14:03 | Report Abuse

http://www.4-traders.com/MUDAJAYA-GROUP-BERHAD-6497047/news/Mudajaya-Berhad--Ex-Mudajaya-boss-upbeat-on-groups-future-20430745/

Posted by 400523 > 2015-05-29 16:08 | Report Abuse

1st Q results deadline is today. It should be out anytime now.

Posted by Cherrie > 2015-05-29 18:36 | Report Abuse

Out already! Loss making again!

Posted by 400523 > 2015-05-30 17:21 | Report Abuse

18 million loss for 1st q. another long wait! Only consolation. Power segment no loss but yet to fire!

Posted by 400523 > 2015-05-30 17:54 | Report Abuse

Correction! For power plants performance must look at profit/loss of associated companies as rkm is an associate.not a subsidiary. It think mudajaya's share of losses of associate companies is not alarming but it also shows that power plants still not firing.

Posted by kkng0819kk > 2015-05-31 18:41 | Report Abuse

There must be some good reasons why this ins com are accumulating mj shares.

Posted by lousy_result > 2015-05-31 18:43 | Report Abuse

Keep making loss. Better sell. No dividend this year. TP RM1.

Posted by johnny cash > 2015-05-31 19:49 | Report Abuse

Fortunebullz how you know this is MCA related counter? Hope you do not mind, please give some explaination on this? External fairfax fund is buying this counter, so is this also related to MCA? counter is just consolidating, but not the end of it, my oppinion.

Posted by kkng0819kk > 2015-06-01 10:27 | Report Abuse

Mudajaya has no connection with MCA. Pl dun speculate

Posted by Ah Ha > 2015-06-01 17:46 | Report Abuse

all highrise condo developer, die hard like UEMS.. down down down..

Posted by Ah Ha > 2015-06-01 17:46 | Report Abuse

please ping me if it down to rm 0.80.. like 10 years ago scenarios...

Posted by 120453 > 2015-06-01 19:51 | Report Abuse

Pls read the Headlines today: silver lining in India? Unit 1 power plant has achieved physical completion and is awaiting the regulatory to issue certificate to START FIRING!

Posted by Orson Chin > 2015-06-01 20:44 | Report Abuse

Yet announced means still no fire.

Posted by 120453 > 2015-06-01 20:59 | Report Abuse

Shares buy back after AGM and once certificate issued, it's show time

Posted by 120453 > 2015-06-01 21:02 | Report Abuse

Another good indication - aggressive shares buy by FFHL . . . .

Posted by dingding > 2015-06-01 23:00 | Report Abuse

target price ...?.

Posted by johnny cash > 2015-06-01 23:28 | Report Abuse

Commercial opperation for first powerplant starts in 4Q15, still we have to look at earnings of 2nd n 3rd quarters, question from my side is are the earnings going to be good?

Posted by johnny cash > 2015-06-01 23:36 | Report Abuse

4Q15 is still long way, and there are some earning reports before this firing, so my question is should we buy now?

Posted by chamlo > 2015-06-02 18:46 | Report Abuse

Director dispose. No confidence?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4762493

Posted by 400523 > 2015-06-03 15:16 | Report Abuse

I am out of here. Another 12K loss. Bought in again at 1.46 average and sold at 1.38 when 1Q out. Might come back when sure of plants firing (especially the 3rd and largest plant). Funds not earning any $$ and I can't wait like Fairfax as they invest for long term. Opportunity cost is high for me.

Posted by kkng0819kk > 2015-06-04 09:55 | Report Abuse

Looks like bottomed out already,may be can pick up already.All negative news had been accounted

Posted by fong7 > 2015-06-05 17:43 | Report Abuse

off market transaction: 30m shares.

Posted by k3nthiew > 2015-06-09 11:59 | Report Abuse

Really speechless on the management

Posted by k3nthiew > 2015-06-09 12:01 | Report Abuse

If bad news come and this Mr Wee sold in advance, is this consider insider trading?

Posted by Orson Chin > 2015-06-10 00:35 | Report Abuse

All director sold the share. What happen ?

Posted by fong7 > 2015-06-10 02:40 | Report Abuse

sold to who? if they sold in open market, that's a different story. But they sold in off market, meaning, there was a investor taking the 30m shares. So, not necessarily bad news.

Posted by lohman > 2015-06-10 09:31 | Report Abuse

Wait for announcement by the buyer of the 30 mil (5.6%of K) shares within a few days. Seems to have been done around 1.40 so price will hold around this level for now. Could be existing substantial shareholders Mulpha or Tabung Haji or a fund. Better for Mulpha to get a new captain to steer the ship, I think, than have Ng, Anton or Wee who have outlived their usefulness. Perhaps they will continue to sell down progressively their remaining stake.

Posted by k3nthiew > 2015-06-10 11:05 | Report Abuse

Agree, rubbish shld go!!

Posted by kkng0819kk > 2015-06-10 19:18 | Report Abuse

Look like drastic change in mgt v soon

Posted by Orson Chin > 2015-06-10 22:29 | Report Abuse

So is time to collect more now?

Posted by 400523 > 2015-06-11 09:00 | Report Abuse

Purchaser could be Fairfax, I believe.

Posted by kkng0819kk > 2015-06-11 11:57 | Report Abuse

Mulpha was a long term substantial shareholder of mj for many yrs but it had not contributed to mj bottomline .Mulpha was just a day trader or short term and was eying fir quick profit fr its investment in mj

Posted by k3nthiew > 2015-06-11 16:35 | Report Abuse

new low

Posted by kakashit > 2015-06-11 20:02 | Report Abuse

wah, Prem Watsa so confidence on Mudajya, i shall attend the agm to consider 加码
the agm must be very 精彩

Koon Yew Yin short Mudajya, Fairfax long Mudajya, who will be the winner?

Posted by Unbeatable Nick > 2015-06-11 20:12 | Report Abuse

another 30mil shares acquired by Fairfax again, while the Wee disposed few thousand shares. What Fairfax see in Mudajaya that Wee doesn't??

Posted by cpo_ > 2015-06-11 20:19 | Report Abuse

Thought RM 1.40 low already. Lucky did not buy.

Posted by cpo_ > 2015-06-11 20:21 | Report Abuse

How low will it drop? RM1.30, 1.20 or even RM1?

Posted by fong7 > 2015-06-12 16:52 | Report Abuse

it's difficult to buy 30m shares on a lack of liquidity stock such as Mudajaya. We see Fairfax been trying to accumulate for quite a while. Looks like it could be a strategic shareholders. It's definitely a good news for my look at it. Look at the graph, how low can it go further? I bet the floor has reached.

Posted by fong7 > 2015-06-12 17:00 | Report Abuse

if it really turns into a major energy company, valuation will be triple if not double.

Posted by kkng0819kk > 2015-06-12 19:19 | Report Abuse

Shake up coming?

Posted by christopher6868 > 2015-06-13 00:52 | Report Abuse

Wonder if some big money gonna pour in to snap edra.

Posted by fong7 > 2015-06-13 01:27 | Report Abuse

shaking has been done for years, many many weak shareholders already out from it. Now left the rather patients one, which part of them who becomes more shaking when watching quarter and quarter of net loss. Very tough to play stocks, isn't it? Haha!

Posted by fong7 > 2015-06-13 01:29 | Report Abuse

recent quarter showed net loss narrowed. Next quarter report could be an important one for confidence, however, it's still unlikely to give good results since no good income seen in recent months. Anyways, if there is good news coming from India, that could be helpful.

Posted by 120453 > 2015-06-13 18:22 | Report Abuse

Uchpinda unit I 360KW power supply has actually been included in chhattisgarh (western india) in CEA power supply from may 2015 onwards. Based on 05/15 report, it showed 0kw supply and it should start firing in 06/15. Let's keep our fingers crossed.

Posted by 120453 > 2015-06-13 18:24 | Report Abuse

In CEA report as at 05/15, it's expecting uchpinda unit 1 & 2 start firing and supply 720KW power supply to chhattisgarh, western india. . .

Posted by kkng0819kk > 2015-06-13 23:12 | Report Abuse

At 1.37 u still can buy a lot of gud stocks.U all know the former owners are selling,is it wise to jump in now

Posted by fong7 > 2015-06-14 03:20 | Report Abuse

thanks 120453 for the info.
dear kkng0819kk, thing is, sometimes company needs to increase liquidity for big investors to buy large number of shares. As you can see, some small tiny companies with major shareholders almost fully controlled the company shares, no fund manager will buy at all, because it's just too easy to be manipulated by that one or few major shareholders. Therefore, major shareholders selling shares is not a way to make judgement, unless we know exactly why he or she was selling those shares for.