Megan,
i am just small trader and just following what happening around the construction stocks..just based on public released news only...some time wounder why certain awarded project like last year still not started ??? and missing form the quarter report without informing in qtr report what rally happen to those missing project and feel like bskl is not transference enough....to be one of the world class

yes let see what next...and hopping for rescuer to come soon...

the next mega projects under Malaysian 11th plan awarding season is coming form Dec 2016 to 1st qtr 2017 (as per earlier released news)

marcus123,
Tqvm for sharing.....but why they reging zelan for....the way i interprate and speculate they are selling off and clearing off the current assets and projects as if they are reengineering in preparation zelan for somthing new and big...to me that why they free up zelan from all the current role...and kicking off all the rotten xfeber heads....

...my observation related to s.moktar bizz....he is normally doing somthing in low profile mode...no news no nothing...compared to other big boys...

or instead doing back door listing of mmc port business through zelan...???

...that why zelan is disposing the current asset gearing to something else ??? just like puncak etc

http://www.thestar.com.my/business/business-news/2016/10/03/mmc-may-list-ports-in-2017/

http://www.cnbc.com/2016/11/30/why-saudi-arabia-surprised-the-skeptics-with-an-opec-deal.html

opec deal

..mmc is planing to ipo it port business recently acquired by 2017 and plan improvement before ipo...could this be the rescue for zelan ???

marcus123,
TQVM for sharing...Langat CSTP project is one of the project that missing in zelan qtr report...yes i also notice may be most if not all heads are X-rotten feber fish heads carry for mamak stall...kikiki...

hopping that rescuer will come soon to take advantage of opec oil deal last night which look hopefully triggering klci bull cycle...

n good luck guys ....

..but as usual like THHEAVY soon there will be direct award project ??? for rescue ??? and zelan flying through the roof...

..and potentially zelan will spend alot of money to lawyers to protect them form all the external parties that suing zelan...

if looking at their website and news released seam zelan have very good projects but when reading the 3rd Qtr report some are missing without explanation like e.g GITT, IIUM(streaming income suppose for 23 years)... look like some kind of miss representation ???...to public....

so the culprit heads leaving before big meeting to avoid answering all the big questions...!!! which they are the only one know the true real answars

marcus123,
Tqvm for sharing...i called several time the company sectary but seam to be alot of excuse ...going to the meeting etc and ased me to leave phone number but never return call me...so hopefully ""Special Board Meeting + EGM this mid December on Zelan Salvation & way forward""" as per yours posting will be able to clear off all the issues and make clean and clear way forward...

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5276589...bad news ??? or good news...

..hope rebound tomorrow...

I called several time the company secretary but not available just to get the clear story if any

..any body knows why so much price dropped..?

1009,
may be zelan is an indirectly government linked company through 38% equity holding by MMC (GLC) that make zelan survive for long time keep on getting jobs e.g IIUM and Gombak Terminal jobs..just just may be may be after all the real push down price, soon there will be big job around rm1bil to rm2bil directly awarded to zelan making the share price going through the roof ..jussstttt like THHEAVY...

no wounder they dont bid for11th Malaysian plan big jobs cause zelan is incapable slow and dumb company...

marcus123,
wow really surprising info..tq for sharing..so those are the final bom and the end of zelan story before going to PN17???

1. zelan claiming ead250mil from mena holding
2. Malakoff claiming rm700mil+ on tanjung bin power station but zelan was not the one that doing job on power generation system but just doing the civil job only..likely zelan is not affected by this
3. hitachi calming is related to mena holding project...potentially can easily be resolved once mena case resolved...

all the above will take may be 1 to 2 years to resolve and zelan is likely safe for now...

...not that big only aed16+mil...but it seam planned bad news and events to push down the stock price before series of good news come in...??? just like fgv (series of bad news fgv went down to rm1.20 later followed almost every weeks by good news and went up to r.2.40....currently series of bad news come again and fgv down to rm1.50)

hopefully series of good news for zelan coming in...

but why the price suddenly drop at the last hour trading while likely zelan wont be paying anything...could that be another bigger bom is waiting for tomorrow ???

....so what is the zelan next bom...?

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5268257

S...another hidden big bom from zelan....???

""""In a filing with Bursa Malaysia, the independent power and water producer said its 90%-owned subsidiary on Wednesday began arbitration proceedings against Sumitomo Corp, Zelan Holdings (M) Sdn Bhd and Sumi-Power Malaysia Sdn Bhd."""""
http://www.thestar.com.my/business/business-news/2016/11/23/malakoff-seeks-rm785mil-compensation-from-epcc-contractors-of-tanjung-bin-plant/

"""Posted by Kranken X > Oct 18, 2016 05:13 PM | Report Abuse

ni anak haram ke apa..tak naik naik"""

..soon likely will move....!!!!

steve..well zelan is not so predictable , it could have another hidden big bom like the previous dubai mena project...still remember last time people said this is s.moktar control stock can never be going to 16cent but last recent low was 14.5cent...unless u know very well what next, cause u are part of the market maker syndicate...well i am just following the progress till it make u turn for what ever price it would be ... it could be now at 16cent...

Aleo it is news about going to 12cen...?...still waiting @ 12 cent...

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5262365...more cash coming

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5258853

Calvin
...may be just HOA and not budgeted yet in 2017..could be just a preliminary study...

not as big as usd1tril physical usa stimuli but 11th msian plan is already in progress total rm260bil for 2016 to 2020... hope will see the result soon i.e 1 to 2 years down the line...

$1 trillion of spending, 'Trumpflation' and what it means for your portfolio
http://www.cnbc.com/2016/11/12/1-trillion-of-spending-trumpflation-and-what-it-means-for-your-portfolio.html

it seam to me the post usa election has 180 degree turn all the pre election story lines and Friday yesterday looked like capital flight back to usa evidenced by severe weakening global currency vs usd and asia pacific stock mkt cashing out...supported by DOW break out to all time high and soon likely followed by SNP500. early indication suggest the global stock mkt will follow soon once the capital flight chasing usa stock mkt subside ..so good luck guys
note :
ringgit was around 4.30 in the morning then shoot up to 4.72 max and close at 4.41...yuan sigdollar euro and yen also went through almost the same swing... looking at the global forex seam it just 2 to 3 days type of event and after that things will be back to normal...

..any idea who is the taker ??
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5253597

.....so who is buying....? Idont....just sideline....

oil and gas is yet to be over the firm ground i dont think it is right time to buy in and looking overall budget 2016 and 2017 mainly focus on the construction mega projects at lease until 2020 so in my opinion main investment should be mainly on construction shares....

....yes but at early stage on bandar malaysia...and sofar mrcb has book oder around GDV rm50bil for next 5 years....(this is more or less look like gadang which had kl kajang lrt etc in 2013 and was 80cent and now around rm3 but mrcb has biger projects today@rm1.36)
http://www.thestar.com.my/business/business-news/2016/06/17/mrcb-aims-big-at-bandar-msia-transport-terminal/

...let have a look of long term monthly and weekly chart....and only then on daily chart...u may be able to see the developing trend...n good luck...

Calvin TQ for sharing

CALVIN-The Saliva Duck's Results speak for itself, and IT DOESN'T TELL LIE !
http://klse.i3investor.com/servlets/pfs/47695.jsp
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OnG potentially on firm ground by 2018 as global economic normalised.... n just side line on this ong due to hazy look at local front...n good lack to u

..for thheavy it following almost fibo expension...1st phase 6 to 13 and stop at 20cent...my guess 2nd phase would be 20, 30 to 50cent...and final TP approxcimately 8x from bottom price...

Posted by calvintaneng > Oct 29, 2016 04:36 PM | Report Abuse

Haha!

All don't have experience with Election Stocks. All don't know historical pattern of politically linked stocks.

Dou you.......
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...sound like thheavy where they play all the bad news in the mkt to drag down thheavy from rm1.30 to 6cent to collect cheap2....and sudently now government give job to thheavy.... and look like now thheavy otw to 50cent...

.....uems already in pre bullish setting....

....chart shows zelan likely to move up soon...

based on chart otw to 60cent soon.. and pp would be 54cent i.e 60cent less 10%
.

good for MRCB...
http://www.thestar.com.my/business/business-news/2016/10/27/prasarana-to-award-lrt-3-tenders-by-year-end/

hahaha... :)) relax n smile guys...yesterday yes pe 47 but 2morrow will depend on current n future projects...

yep let wait for the PP result..

so guys to me if looking at all the news on MRCB such as CCC, Bandar Malaysia MRT3 etc makan tak habis oooo cak boo liau maaa...buy an keep for long term like gadang u wont regret.....