quite strange that with so many good news, investment firms like Maybank, Affin etc have so far not given any target price for Zelan

vinvin any reason why the NTA drop from 4.82 to 1.19,

Wow very good financial report. Hopefully got one more dividend for year end

Myob can csl go to 50sen. Is it risky or should get out after making few sens

Good TP1.00 should be no problem now

Alexofb2b,, you are very kind,,thank you very much

Alexofb2b,,thanks very much,, would you be kind enough to share CSL latest financial data

Alexofb2b, what would the reasonable short term target price be for CSL,,Everyone say this share very risky. The PE ratio for CSL is below 1.0 and EPS is high so why is this share so risky. It seems very underpriced to me,, please advise

qbsinvestor,,i am not an expert. i am in long term as its a good counter.,zelan is on the road to further growth. with an order of about RM1.15bil.the share is undervalued. just wait for the annual report on 28 aug 14

Zelan currently has an order book of about RM1.15bil.
“This will last us until the first half of 2017,” Adnan the Managing Director of Zelan says

http://www.thestar.com.my/Business/Business-News/2014/08/16/Zelan-gaining-momentum-Stock-rallies-68-as-investors-bet-on-companys-prospects
This is good counter.

En.Mohd Fahmi Bin Jaes, is this another new project?

Strange all other shares come down a lot but PTARAS go up against the trend. Hope some good news coming

today will hit 45 sen. solid share, bought few more lots yesterday and today

keep zelan for long term,,it is recovering slowly but surely back to its glory days of years ago

Updated List of Shariah-compliant Securities Securities Commission Malaysia | Securities Commission Malaysia
www.sc.com.my

zelan is syariah compliant

Kuala Lumpur Stock Exchange - Bursa Saham News: List of ...
stocksmalaysia.blogspot.com/.../list-of-shariah-compliant-securities-by.ht...
Oct 16, 2013 - KLSE stocks, Malaysian stock exchange. ... List of Shariah-compliant Securities by the Shariah Advisory Council of the Securities Commission ..

good news but share price not shooting up,,

very quite day. no movement

Quite strange that the Zelan share seems to struggle to move up even 1sen with these big projects

ZELAN SETTLES DISPUTE WITH MEENA OWNER
The Edge Financial Daily



By Levina Lim of theedgemalaysia.com

Wednesday, 16 April 2014 11:39


KUALA LUMPUR: Zelan Bhd will finally get to complete the 950.03 million dirham (RM839.07 million) Meena Plaza, a mixed-use development project in Abu Dhabi in the United Arab Emirates, after settling a dispute with the project owner Meena Holdings LLC that started two years ago.

Under the second supplementary agreement signed yesterday between Zelan — via its wholly-owned unit Zelan Holdings (M) Sdn Bhd — and Meena Holdings, both parties agreed to resume work on the project in accordance with the original contract dated April 1, 2008 as if the contract had never been terminated.

Both Zelan and Meena Holdings also agreed to raise the project’s original contract price of 950.03 million dirham to 980.05 million dirham as a result of an agreed variation order for additional fit out work of 30.02 million dirham.

As such, the value of the remaining works to be undertaken by Zelan is now 515.49 million dirham instead of 464.56 million dirham as at November 2012.

In a filing with Bursa Malaysia yesterday, Zelan said Meena Holdings had agreed to pay 121.64 million dirham to Zelan within 74 days from the date of the agreement.

The payment consists of a refund of 92.5 million dirham which was paid to Meena Holdings earlier, pursuant to its demand on Zelan’s performance bond in November 2012, and outstanding progress claims for works done amounting to 29.11 million dirham due to Zelan.

In exchange for the payment to Zelan, it will provide Meena Holdings with a new performance bond of 51.55 million dirham, equivalent to 10% of the balance contract price, which is valid for 15 months.

This includes an extension of 12 months for the defects liability period, and a rectification bond of 40.98 million dirham, which is valid for 6.5 months, as performance security for the basement’s rectification works of 15 million dirham to be carried out by Zelan.

“Zelan will recommence work on the project 30 days after the payment date, and the completion period for the remaining works is 15 months from the recommencement date,” the company said.

In November 2012, Zelan received a letter from Meena Holdings, giving it 14 days’ notice to terminate the contract for Package 2 of the Meena Plaza construction and to liquidate the performance bond totalling 92.5 million dirham.

This was subsequently challenged by Zelan, which had described the termination notice as baseless and wrongful in view of the application for an extension of time submitted by Zelan prior to the notice, which had yet to be assessed and determined in accordance with the provisions of the contract.

Looks like Zelan has made a good turnaround in their cash flows. Better to keep longterm. More construction projects in the pipeline.

Ayamtua. Your advise please. I think these 2 big projects will have positive impact on Zelans cash flows. The target price should move up now

Think can go in quite confidently.

www.theedgemalaysia.com/index.php?...
1 hour ago - Highlight Zelan to win RM250m ECER job ... was then plagued by cost overruns and project delays.

by Kamarul Anwar of theedgemalaysia.com on Wednesday, 30 July 2014 00:23

KUALA LUMPUR: Zelan Bhd is expected to bag a RM250 million contract from the East Coast Economic Region (ECER) for the construction and completion of a drawbridge connecting Muara North and Muara South in Kuala Terengganu, according to sources familiar with the bid.

Profit from Petronas Job should be minimum RM25 million ie 10% of project costs. Project duration is 18 months. Target Price should increase to RM1.0 by year end. Holding power is important

Is the quarter results considered good??

Minggu ini atau minggu depan memang sampai 50sen

buying volume so high,, should go up anytime

50 sen should be no problem now that they have landed the Petronas job

I feel that there will be a strong rebound soon. This is a strong counter, It is just going through a consolidation process now

any problems?? price has come down by 19 sens over the 1 week.

Ptaras has not moved in the last 2 months. Hope it starts moving again this week

Yes he tried buying a big volume at 4.10

wow what happened, drop so much !!

Thanks vinvin. I am keeping aeon long term as it is not only a growth company but also a very well managed one

Maybe vinvin can explain as I am not an expert. Sometimes people look at the earning potential of a company and not target price. For example look at unisem, the tp is 1.16 but the share price is 1.70 and it still going up everyday as the electronic industry is booming now

beso,when aeon price comes down to 3.92 there is a strong resistance and the price rebounds, i tried many times to buy below 3.90 but just could not

thanks for sharing vinvin,, its a very good dividend then, i will keep aeon for long term

vinvin,, 22% per share means RM220 per lot (1000 shares) right

vinvin, how many RM did they pay per lot in 2014

vinvin,,does Aeon give good dividend and when do they normally declare,, i just bought 5 more lots,, want to keep long term like you,,hope to make money

share doesn't seem to move

vinvin,,you seem to have a lot of confidence in this aeon,,i would like to pick up a few more lots,,just wonder if this a very expensive counter,,, will institutional investors buy at this price 4.08 with pe ratio 25

vinvin,, i am referring to Aeon..just wondering what you meant by ex-all,,, does it mean that the above posting of Avg TP 14.68 is not achievable because of the dilution in Aeon with bonus shares and share splitting

vinvin what do you mean by ex-all,,you mean Avg TP14.68 is not achievable

vinvin thanks for the advise. i get worried when you mention trade at own risk. sounds like there is a lot of risk buying this counter?

vinvin, with the share dilution what would be the approximate target price for this share

ptaras is the best piling firm in Malaysia and well managed. All minority share holders will definetely be well rewarded.