Mudajaya Target Price ~ Updated 28-11-2011

Mudajaya target price was downgraded by CIMB Securities from RM 4.81 to RM 4.00. OSK Research maintains Mudajaya target price at RM 3.94 (upgraded on last research report). Around 75% upside but no one seem willing to buy Mudajaya stock. Why?

MUDAJYA past 2 months stock price

MUDAJYA Target Price
RM 4.00 ~ CIMB Securities
RM 3.94 ~ OSK Research