MUdajya

stevensim

2011/06/06 6:26:28 PM
●南洋商报

目标价：6.75令吉

最新进展

成荣集团（MudaJya，5085，主板建筑股）获得CMC Machipex私人有限公司发出，价值7亿2000令吉的工程，负责设计和承包Janamanjung发电厂扩展计划，包括土建相关工程。

目前，合约条规内容在最后定案阶段，CMC Machipex母公司也将在7月7日批下合约。

这项无疑是成荣集团今年内最引人注目的合约，可为集团带来稳定的收入，并把目前订单总额推至28亿令吉。

虽然合约未被CMC Machipex母公司正式批下，但基于集团已被委任开始动员工作，相信不会有什么意外。

盘点分析

我们认为合约虽有利集团盈利增长，但若集团在印度的IPP工程继续延迟、原材料价格上涨，以及无法预料的建筑领域发展因素，都可能影响未来的盈利预测。

不过，我们认为印度工程只是暂停，故不影响评级。

stevensim

沉睡了好久，你总算醒了吧。
希望会有一番作为
吃粥吃饭看你了！！！

cari09

Mudajaya eyes RM4.5b EPCC contract

KUALA LUMPUR: Mudajaya Group Bhd is bidding for the RM4.5 billion main engineering, procurement, construction and commission (EPCC) contract in a consortium with Alstom and Eversendai for the Tanjung Bin 1,000-megawatt (MW) extension.

In a note today, OSK Research Sdn Bhd said it expected Mudajaya to carry out the civil works, estimated at between RM675 million to RM900 million, based on 15-20 per cent of the EPCC value.

OSK Research said with the protests at its Chhattisgarh independent power producer site in India resolved, the way was paved for stronger revenue recognition.

"Phases 1 and 2 of the power plant are now rescheduled. Given the force majeure nature of the protest, we think that a penalty for late commencement is unlikely to be imposed," it said.

It said Mudajaya's indirect Indian associate, R.K.M. Powergen Pvt Ltd, was now evaluating another extension potentially worth RM2 billion," it said.

The research firm said Mudajaya has been prequalified for a RM1 billion brownfield build, operate and transfer highway project in India, involving widening from four to six lanes.

OSK Research has maintained its 'buy' call on Mudajaya, with a lower fair value of RM4.13 against RM5.48 previously. - Bernama

Read more: Mudajaya eyes RM4.5b EPCC contract http://www.btimes.com.my/Current ... _html#ixzz1VIUYZCfA

icy97

成榮獲7.2億合約

大馬財經  2011-08-23 11:17
（吉隆坡22日訊）成榮集團（MUDAJYA, 5085, 主板建筑組）獲頒總值7億2千萬令吉轉包合約，為曼絨第4發電廠計劃的剩餘部份進行詳盡設計及土木工程工作。

該公司發表文告指出，工程已從6月6日起動工，預計2013年11月完成。（星洲日報／財經）