Posted by Cherrie > 2015-11-06 17:21 | Report Abuse

Dear investment friends, of course in short term, Mudajaya will not perform on lack of catalyst. However, with now all bad news are reflected (financial in red, nearly completion of existing projects with no or little jobs winning, delay in India project, political issue, depreciation of MYRUSD, costs overrun), I couldn't find any more bad news will drag its share price further unless crisis happen. So, in mid term prospect (next 12-36 months), it can be foreseen that Mudajaya will be better from now due to:

1. New jobs winning (local construction works or overseas power plant construction possibility from Cebu, Philippines)
2. Pending commercialization of India power plant
3. Coming profit from its JV property development with Thriven Global (Lumi Tropicana), GDV RM750mil was launched in August 2015. Mudajaya with 49% controlling interest, which profit will be recognized in account upon completion in 3 years.
4. Recovery from its overrun costs which is believed with substantial amount

If the India power plant is successfully commenced, it will turn to be a crown gem for Mudajaya in long term due to the recurring profit generated from it. As I know, recently RKM Powergen has successfully refinanced its loan which is almost default in payment due to the delay.

Posted by angelbooks03 > 2015-11-12 11:13 | Report Abuse

http://www.angelpoiwoon.com/2015/11/mudajaya-5085.html

继上次AGM后：Mudajaya (5085) AGM 2015 ~Part 2 ，陆陆续续一些Mudajaya 的好消息如拿到Rapid Project 4.9亿零吉等把最低股价RM0.8+带涨至RM1.1+，就停滞不前了。我想只要没有最大型印度发电厂的消息出炉，投资者都会保留观望。

呵呵，昨天发布的消息，和Mudajaya CEO在2015年6月中AGM分享的资讯相符合：

2x7MW coal -fired IPP venture in Sulawesi: Physical work 91% completed
Expected COD: 2015

明年将会有更多Project 完结，包括计划中的印度发电厂，只有天知道还会不会再延迟了。。

Posted by Kian Kwok Lim > 2015-11-12 17:06 | Report Abuse

欲哭无泪呀

Posted by Orson Chin > 2015-11-12 23:20 | Report Abuse

Buy for long term lo.... Jz hope mudajya don't drop below rm1 only

Posted by Alfonso > 2015-11-14 11:39 | Report Abuse

Orson Chin, are u work in Mudajaya?

Posted by Orson Chin > 2015-11-14 19:13 | Report Abuse

no...............

Posted by greddym3 > 2015-11-20 14:48 | Report Abuse

RKM Powergen Unit 1 has started since 28 oct 2015. Generating 356MW. Source: someone in india

Posted by Cherrie > 2015-11-20 15:40 | Report Abuse

http://wrpc.gov.in/occ/477OCC_MINUTE.pdf

Posted by 120453 > 2015-11-20 22:05 | Report Abuse

Yes! Unit 1 commissioned reported in CEA monthly report in 10/15. Unit 2 expected date of commissioning - 01/16. CHEERS!

Posted by 120453 > 2015-11-20 22:05 | Report Abuse

Time to fly. . .

Posted by greddym3 > 2015-11-22 14:44 | Report Abuse

estimated revenue from indonesia power plant = RM19 million per year

Posted by 120453 > 2015-11-22 17:38 | Report Abuse

India unit 1 will provide rm15m revenue per year in 2016. Let's look forward to a fruitful year in 2016

Posted by Ricky Kiat > 2015-11-22 23:17 | Report Abuse

greddym3 & 120453 ,how u estimate the revenue from those power plant ? what is the profit margin & net profit per year?

Posted by Orson Chin > 2015-11-23 23:45 | Report Abuse

Any announcement said that the india power station fire ?

Posted by Cherrie > 2015-11-24 09:06 | Report Abuse

I guess will be announced after QR out. Mudajaya likes to announce good news after QR out

Posted by shellhouse > 2015-11-25 15:34 | Report Abuse

Buy.

Posted by Orson Chin > 2015-11-25 18:18 | Report Abuse

Shellhouse.... Y? Any info?

Posted by 120453 > 2015-11-25 21:37 | Report Abuse

Good turn around. rm16m PBT! Tomorrow sure pecut. Cheers!

Posted by cashonhand > 2015-11-25 22:29 | Report Abuse

hope perform better.....

Posted by frontier > 2015-11-25 22:36 | Report Abuse

that is qtr, ytd is losing rm12 mil, still expected to pecut?

Posted by Orson Chin > 2015-11-25 22:50 | Report Abuse

Going down I think ....

Posted by angelbooks03 > 2015-11-26 11:47 | Report Abuse

http://www.angelpoiwoon.com/2015/11/mudajaya-5085-q32015.html

相比去年同季度狂升1235%，但2015年至9月为止，还是亏损12Mil.

跌了那么久，也不巴望一个季度就扭转乾坤，Q3,2015算是新的开始，希望好消息能继续来。

可惜，在这个季报没有看到任何印度发电厂的消息。我想公司除非已经110%肯定印度发电厂运作了才发布吧，毕竟被‘骂’了那么久 =v=

Posted by Cherrie > 2015-11-26 19:57 | Report Abuse

Mudajaya used to announce the status of its MOA/ JV agreement after the financial results released in the past few years but this time not yet till to-date. Maybe the new company secretary doesn't follow the old one. No way to know the India power plant whether is fired.

Posted by dolphin > 2015-11-26 22:17 | Report Abuse

Better time ahead ?

Posted by greddym3 > 2015-11-27 10:01 | Report Abuse

RKM Powergen unit 1 officially commissioned yesterday. Search facebook for "Bhupesh Singh Parihar". See his pictures showing staff at RKM celebrating in the control room.

Posted by kkng0819kk > 2015-11-27 10:03 | Report Abuse

Light at the end of the tunnel?Sooner or later

Posted by Ricky Kiat > 2015-11-28 11:28 | Report Abuse

Finally ......

Posted by 120453 > 2015-11-28 14:17 | Report Abuse

It will be followed by unit 2 in 01/16. Time to fly . . .

Posted by kuengkucheng > 2015-11-30 10:55 | Report Abuse

i also believe it will fly...but when is the time?

Posted by Cherrie > 2015-11-30 11:09 | Report Abuse

i think not flying till the profit from the firing is recognized in account first.

Posted by Cherrie > 2015-11-30 11:10 | Report Abuse

some more Mudajaya hasn't announced this good news yet. The market is still waiting Mudajaya to confirm.

Posted by greddym3 > 2015-11-30 12:29 | Report Abuse

Because the commercial operating date starts from 26/11/2015, mudajaya can recognise 1 month revenue from RKM Unit 1

Posted by greddym3 > 2015-11-30 14:40 | Report Abuse

For financial quarter ended 31/12/2015

Posted by nelayan > 2015-11-30 16:17 | Report Abuse

RKM is associate company how to recognized revenue in 4th quarter?

Posted by Cherrie > 2015-11-30 16:44 | Report Abuse

By pro-rated basis

Posted by Cherrie > 2015-11-30 16:46 | Report Abuse

Profit in share of results of associate in P&L.

Posted by Ricky Kiat > 2015-11-30 17:38 | Report Abuse

do someone know about how the profit recognise from RKM powerplant ?
as i know the profit is recognise from coal mine selling coal to RKM powerplant, not the revenue from selling electricity to local. correct me if i am wrong .

Posted by nelayan > 2015-11-30 17:43 | Report Abuse

The account showing RKM is their associate company..so should be share profit/loss from associate company. Return form the investment only dividend declared by RKM..

Posted by Kian Kwok Lim > 2015-12-01 10:10 | Report Abuse

Ohh no, sweet dream broken.... There is no further update from India there...

Posted by Alfonso > 2015-12-01 10:38 | Report Abuse

Please do not expect sweet from Manggala Mudajaya, they will always give us contagious in return!!

Posted by Kian Kwok Lim > 2015-12-01 12:16 | Report Abuse

Sweat dream instead..

Posted by rocker > 2015-12-01 14:30 | Report Abuse

Coming ah.......looks like the gold mine is about ready for harvest

Posted by rocker > 2015-12-01 14:31 | Report Abuse

the cow is finnaly ready to deliver the cash after such a long gestation period................huat ar.......

Posted by charles pang kah keet > 2015-12-01 14:57 | Report Abuse

pesona holding berhad 8311 , i bought at last week at 0:485, now only 040sen, why drop so much? who can give any comment of this company?

Posted by rocker > 2015-12-01 16:12 | Report Abuse

start collecting

Posted by greddym3 > 2015-12-01 21:14 | Report Abuse

RKM Unit-1 generating a steady 6.37 million unit (6370 kWh) per day since commercial operating date (26/11/2015)

http://cea.nic.in/reports/daily/dgr/2015/November/26/dgr2.pdf
http://cea.nic.in/reports/daily/dgr/2015/November/27/dgr2.pdf
http://cea.nic.in/reports/daily/dgr/2015/November/28/dgr2.pdf

Page 15 - UCHPINDA TPP

Posted by rocker > 2015-12-03 16:50 | Report Abuse

announcement bila??????

Posted by nelayan > 2015-12-04 09:10 | Report Abuse

still India movie....

Posted by kuengkucheng > 2015-12-04 10:46 | Report Abuse

the movie is getting more entertaining

Posted by greddym3 > 2015-12-07 20:26 | Report Abuse

Ghazie says Lumi Tropicana has received RM308 million worth of bookings its sales gallery was opened on Nov 9. “We believe we will be able to convert 70% of the registrations,” he adds.

Mudajaya owns 49% in Lumi Tropicana project.