Zelan SUKE project is scheduled complete on Sept..say minor rectification until Oct...althought iium yearly concession payment can cover monthy operating cost...expect big project otw...like GITT with concession for 25 years which cancelled due to ECRL transition hub station is relocate to N.Sembilan...
Zelan clear last obstacle won meena arbitration on 31/7/19 award abt rm 300 million .iium project recurring income abt 75 mil per year over 17 year effective dec 2018 . Kuala terengganu drawbridge completed on end june'19 project value rm 248 mil. Suke project rm 257 mil schedule to be completed on sept 2019. Zelan is MMC sister company .mmc boss is Tun godson
There is no appeal after one month period of court award rm 300 mil compensation...factor in issued shares is rm 0.357 ..why i3 know early ke... 07/10/2019 8:54 PM
Rm 0.357 + NTA 0 05 = rm 0.407 vs i3 avg tp is rm 0.41...i3 very cun cun le..
One of budget 2020 good news which carey island port development feasibility study being kiv for years:
Developing Carey Island
The government is implementing feasibility studies for the development of Carey Island for its next growth phase to make Port Klang the Regional Maritime Center and cargo logistics hub. The government expects to spend RM8 billion to improve port infrastructure and turn Port Klang and Pulau Carey into regional maritime centres and logistics hubs.
Zelan clear last obstacle won Meena arbitration on 31/7/19 award abt rm 300 million .IIUM project recurring income abt 75 mil per year over 17 year effective dec 2018 which announced in june2019 will be reflect in coming 3rd QR.. . Kuala terengganu drawbridge completed on end june'19 project value rm 248 mil. Suke project rm 257 mil schedule to be completed on sept 2019. Zelan is MMC sister company .mmc boss is Tun godson
There is no appeal after one month period of court award rm 300 mil compensation...factor in issued shares is rm 0.357 ..why i3 know early ke...
Rm 0.357 + NTA 0 05 = rm 0.407 vs i3 avg tp is rm 0.41...i3 very cun cun le..
The long newspaper article published on MMC port ipo since 2016 ..will hv great possibility on next years..since MMC JV on pulau carey port development feasibility study being kiv few years ago...
Refer Zelan financial report ..2019 admin expenses n financial cost is projected abt rm 64 mil...just IIUM recurring income per year is abt RM 75 mil announced in June2019 effective Dec 2018..
On March 2019 Zelan sue NRY Architects on IIUM delayed for 3 years.amt rm 262 mil.....NRY is a sizeable company with 60 architects..
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MRT 2 tunnelling reinstated. The government has reinstated MMC-Gamuda’s tunnelling contract. The final cost reduction of the tunnelling contract has been agreed at RM3.6bn (vs RM2.13bn initially offered by MMC-Gamuda and a local engineering consultancy report of RM4.19-RM5.79bn) for the balance 60% uncompleted work. Separately, MMC is a conglomerate which is currently trading at >60% discount to our SOP value. It has adopted the strategy of listing its key businesses, starting with Gas Malaysia in 2012 and Malakoff in 2015, to unlock value. It is looking to list its port division in 2018/19. This should provide at least a floor value for MMC.
......tengok namai bikin cat baru.... Itu cat 0.075 sutah ala tumbuh cintawan.... Mau itu klismas pinya kasi cat balu pinya... tapi itu gred babut pinyagred0.075AAA ++ ..... Lagi babut mau kasi itu cat impot pinya blanditu 0.08 pinya......
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
moniekj
1,037 posts
Posted by moniekj > 2019-09-30 08:45 | Report Abuse
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