Friday, February 18, 2011

Mudajaya Released 4th Quarter Result

Mudajaya just released its 4th quarter result and I must say it's another good quarter for Mudajaya.  Revenue comes in at 230M for current quarter and for the whole year, it generated 869M.  The net income for the quarter came in at 57M, highest reported net income in all 4 quarters, translating to a 13.96 eps.  The annualized eps came in at 50.96.  Very nice.  With today's closing stock price of Mudajaya at 5.12, that equates to about 10x PE and that's a very good number.  Mudajaya is also proposing a 3c dividend for its shareholder.  So more dividend coming soon.

One can expect more companies reporting great result next week.  Might take this opportunity to realize my gain.  I'm excited in the coming weeks, don't you ?

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