ZELAN BHD

KLSE (MYR): ZELAN (2283)

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Last Price

0.055

Today's Change

-0.005 (8.33%)

Day's Change

0.055 - 0.055

Trading Volume

15,000


19 people like this.

7,140 comment(s). Last comment by MZM2511 3 days ago

Mike Chong

320 posts

Posted by Mike Chong > 2019-07-01 12:46 | Report Abuse

Wah, why today volume increase lo.....

vxpoison

1,906 posts

Posted by vxpoison > 2019-07-01 12:54 | Report Abuse

Mike... Sell the rest of your Zelan while you still can...

longvalley

2,287 posts

Posted by longvalley > 2019-07-01 13:04 | Report Abuse

......hisap rokok tembakau cina .... keluar asap berbunga bunga....!!!

Mike Chong

320 posts

Posted by Mike Chong > 2019-07-01 15:01 | Report Abuse

Kenie, what is iium project cost?? what is expected recurring yearly income from iium concession?? What is suke project value , when is the completion? What is drawbridge project value, when is the completion?

Mike Chong

320 posts

Posted by Mike Chong > 2019-07-01 17:53 | Report Abuse

Vxpoison, lu barking tapi senyap senyap beli Zelan cause today high volume .....

vxpoison

1,906 posts

Posted by vxpoison > 2019-07-01 19:24 | Report Abuse

Mummy shark doodoo doodoo doodoo... Mummy shark doodoo doodoo... Mummy shark.... Come sing along Mikey...

Mike Chong

320 posts

Posted by Mike Chong > 2019-07-01 20:14 | Report Abuse

Vxpoison, lu barking Ipoh city council will look for you, if you mummy shark , we can have free shark fin ......both way also dead road... ha ha ha . By the way how is yr Cuscapi qualified opinion? Not like Kenie, ppl at ARBB forum ask him to read more news paper and lazy to reply him..

koyokui

1,936 posts

Posted by koyokui > 2019-07-02 09:44 | Report Abuse

Buy zelan

Asia88

588 posts

Posted by Asia88 > 2019-07-02 13:54 | Report Abuse

koyokui Buy zelan << One way trip to Holland?

vivabursa

594 posts

Posted by vivabursa > 2019-07-02 20:34 | Report Abuse

If win arbitration 300 million = 3 times current market cap. Either win or loose...
+ IIUM consistent income

vxpoison

1,906 posts

Posted by vxpoison > 2019-07-02 21:25 | Report Abuse

Mikey shark doodoo doodoo Mikey shark doodoo doodoo Mikey shark doodoo doodoo... Mikey Shark!

Trade with caution traders... Beware of Mike Chong!

Mike Chong

320 posts

Posted by Mike Chong > 2019-07-02 21:35 |

Post removed.Why?

koyokui

1,936 posts

Posted by koyokui > 2019-07-03 11:26 | Report Abuse

Buy zelan. Penny stok up

Mike Chong

320 posts

Posted by Mike Chong > 2019-07-03 12:03 | Report Abuse

Kenie, I read yr comments in others forum, seems you will do some research, despite of just giving neg- info, any stocks you want to share??

Mike Chong

320 posts

Posted by Mike Chong > 2019-07-03 12:54 | Report Abuse

Asia88 , since you don’t buy share and just want to reduce ppl being con, 2 counter you may interested: metronic -charles pang is there and netx- a lot of con men...

Abraham

92 posts

Posted by Abraham > 2019-07-03 21:11 | Report Abuse

Seems that there s a lot of naysayers in this group. It seems their objective is to push the price down in order to buy in. Some of us have already bought in at much lower prices. July is the month of reckoning in terms of the arbitration announcement. I don't see Zelan losing their pants, at the most a lower quantum. Zelan s misery hinged on this for donkey years now. Inland revenue awarded 20 mil to mmc in overtaxation, somewhat a political blessing to Zelan s main share holder. Construction industry is picking up this past 2 months I would say and expected a full recovery mid next year. All this augurs well for Zelan. Expect a windfall with the arbitration announcement. INSTEAD of arguing just wait for a month. Time will tell.

Posted by charles pang kah keet > 2019-07-06 15:42 | Report Abuse

Wait end of this year will coming around going+

longvalley

2,287 posts

Posted by longvalley > 2019-07-09 16:26 | Report Abuse

All just bought n hold.......!!!!?
Good sign......!!!!!
Go zelan go......

longvalley

2,287 posts

Posted by longvalley > 2019-07-10 18:39 | Report Abuse

........just waiting n collecting.....hee...
Ur $ ur risk

vxpoison

1,906 posts

Posted by vxpoison > 2019-07-12 18:41 | Report Abuse

Mikey Mikey.... U OK still? Sudah jual semua Zelan?

Legend

4,119 posts

Posted by Legend > 2019-07-12 19:31 | Report Abuse

GAME OVER!!!

vxpoison

1,906 posts

Posted by vxpoison > 2019-07-12 20:31 | Report Abuse

PN17 coming... Paging Mike Chong...

Mike Chong

320 posts

Posted by Mike Chong > 2019-07-12 21:14 | Report Abuse

Ha ha no worry , meena case result not out yet... I go to raub makan musang king ....

vxpoison

1,906 posts

Posted by vxpoison > 2019-07-12 23:12 | Report Abuse

KUALA LUMPUR (July 12): An international tribunal has sided with Dongfang Electric Corp in a US$1.15 million suit filed by the company against Zelan Bhd.

In a filing today, Zelan said an arbitral tribunal in the Singapore International Arbitration Centre has ruled that its wholly-owned unit, Zelan Holdings (M) Sdn Bhd (ZHSB), must pay Dongfang US$1.15 million (RM4.73 million) with 4.77% interest per annum, from July 3, 2018 until the date of payment.

Furthermore, ZHSB was also instructed to pay Dongfang late payment interest of US$122,946 (RM505,675) for the period from Nov 19, 2015 to July 2, 2018.

ZHSB was also instructed to pay Dongfang’s legal costs and expenses incurred in the arbitration totalling S$103,000 (RM311,430), as well as the arbitration cost of S$64,891.35 (around RM196,205).

In total, Zelan will have to fork out RM5.74 million in respect of the Dongfang arbitration.

The notice of arbitration arose in respect of disputes and differences arising from a 2014 agreement between ZHSB and Dongfang.

According to Zelan’s website, the group was participating in the power plant project, located in Rembang, Central Java, via a 70%-owned consortium that was awarded a US$560 million engineering, procurement, construction and commissioning contract.

In 2007, Zelan had announced that it had awarded a RM770 million contract to Dongfang for the supply of boilers, turbines and generators to the Rembang project.

Shares of Zelan closed unchanged at 7.5 sen today, giving it a market capitalisation of RM63.37 million.

moneypedia

5,987 posts

Posted by moneypedia > 2019-07-12 23:19 | Report Abuse

nowadays PN17 counters best la play2...musang king tala mayin laa black torn laa sikalang..

vxpoison

1,906 posts

Posted by vxpoison > 2019-07-13 10:47 | Report Abuse

TikTikTikTokTikTok... Beware of Mikey shark guys.

longvalley

2,287 posts

Posted by longvalley > 2019-07-13 12:43 | Report Abuse

July .... news season
...................
Lets see....!!!!

Mike Chong

320 posts

Posted by Mike Chong > 2019-07-13 16:59 | Report Abuse

No worry as my earlier comments, if won meena case is a big windfall and an opportunity, do yr research and make own decision

Mike Chong

320 posts

Posted by Mike Chong > 2019-07-13 17:00 | Report Abuse

Not like Vxpoison do research for company .... ha ha

vxpoison

1,906 posts

Posted by vxpoison > 2019-07-14 14:00 | Report Abuse

meena shark doodoo doodoo doodoo meena shark doodoo doodoo doodoo!

Mike Chong

320 posts

Posted by Mike Chong > 2019-07-14 23:12 | Report Abuse

Vxpoison baby shark if u don’t go to yr kind in others forum , u will get Klang delicious goreng baby shark, em...yummy ...

longvalley

2,287 posts

Posted by longvalley > 2019-07-15 13:02 | Report Abuse

....the series of news....!
................,,,coming.....

eric70

1 posts

Posted by eric70 > 2019-07-15 14:23 | Report Abuse

how come the share price not dropping after announcement of the result of arbitration ??

waren

65 posts

Posted by waren > 2019-07-15 15:13 | Report Abuse

price not drop,because it want to go up.

vxpoison

1,906 posts

Posted by vxpoison > 2019-07-15 15:42 | Report Abuse

Hehehehehehehe... Someone busy selling off to the Ikan bilis sekalian....

vivabursa

594 posts

Posted by vivabursa > 2019-07-16 19:45 | Report Abuse

Now hope on Meena and IIUM

Mike Chong

320 posts

Posted by Mike Chong > 2019-07-16 21:27 | Report Abuse

Commensense has trigger me a thinking-(thanks) , if lost arbitration what is the scenario but what is the scenerio if won arbitration: total receivable balance due is 181 mil , Drawbridge project completed in 5 year (june’19) , value 248 mil , assume balance payment 50 mil, Suke project complete in 3 year (sept’19) ,value 257 mil, assume balance payment 85 mil. iium projected 2019 income is 78 mil . Total 2019 revenue is 394 mil.assume 2019 admin expenses and finance cost is 64 mil. profit is 330 mil. 2018 borrowing is 540 mil , iium project cost is 359 mil , 540-359 =181 mil, profit =330 -181 = 149 mil . If arbitration lost scenerio: total 2019 revenue is 394-181= 213 mil, profit = 213-64=149 mil. ( no allocation to reduce borrowing yet and arbitration penalty amount). Just a assumptions calculation.

Mike Chong

320 posts

Posted by Mike Chong > 2019-07-16 23:04 | Report Abuse

If meena case won, will be a big windfall.....

vxpoison

1,906 posts

Posted by vxpoison > 2019-07-16 23:39 | Report Abuse

Tiktoktiktoktiktok ... You are running out of time Mike.

Posted by Mike_chong > 2019-07-17 00:16 | Report Abuse

Vxpoison.. blk torn blk torn blk torn , taught u kena torn in genting, some more torn in cuscapi, any way thanks for the goreng kaw kaw baby shark.... em . yummy...

Posted by Mike_chong > 2019-07-17 00:17 | Report Abuse

Jangan sendiri curi curi beli oh....

vxpoison

1,906 posts

Posted by vxpoison > 2019-07-17 01:11 | Report Abuse

PN17 soon... Stop KakiKongKakiSong Mikey... Wake up Mikey... Tiktoktiktok liao!!!

Mike Chong

320 posts

Posted by Mike Chong > 2019-07-17 03:01 | Report Abuse

Ha ha vxpoison lost in genting until cannot calculate , no good in calculation sure lost one , lobster kapit u ??? Lobster goreng kaw kaw baby shark, kesian.. kesian . Go to cuscapi and do yr research pn17 soon...take care

vxpoison

1,906 posts

Posted by vxpoison > 2019-07-17 10:23 | Report Abuse

Q result coming soon this August. Stay safe everyone... Beware of ikan jerung!

Mike Chong

320 posts

Posted by Mike Chong > 2019-07-17 10:47 | Report Abuse

Blk torn blk torn vxpoison baby shark , u forgot?? Kesian lost in genting, also lost in cuscapi...until forgot... kesian torn u oredi....

vxpoison

1,906 posts

Posted by vxpoison > 2019-07-17 12:11 | Report Abuse

Hehehehehe....

Posted by David Wong > 2019-07-18 20:39 | Report Abuse

up up up....it is the time

vxpoison

1,906 posts

Posted by vxpoison > 2019-07-20 21:01 | Report Abuse

Poor Mike Chong.... Bought so high last time now cut loss at this price! Stay alert traders... This guy is promoting Zelan to trap Ikan bilis!

tehckosong

149 posts

Posted by tehckosong > 2019-07-20 21:04 | Report Abuse

I heard they probably win on the meena case. Tempting to buy some as my friends are promoting Zelan.

Mike Chong

320 posts

Posted by Mike Chong > 2019-07-20 23:16 | Report Abuse

Ha ha vxpoison 36 barking again, still cannot give 2 of yr holding shares and barking ard... envy ke I said all 4 shares I discussed with commonsense in mbmr all gain now ; u lost in genting, still cry no time to tell....

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