ZELAN BHD

KLSE (MYR): ZELAN (2283)

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Last Price

0.04

Today's Change

0.00 (0.00%)

Day's Change

0.035 - 0.04

Trading Volume

1,227,500


19 people like this.

7,157 comment(s). Last comment by MZM2511 3 days ago

Johnchew5

11,674 posts

Posted by Johnchew5 > 2020-03-11 06:33 |

Post removed.Why?

Posted by FortuneBlooming > 2020-03-11 13:23 | Report Abuse

Zelan the stock much adored by johnchew & mikecyc now in grave danger of breaching 6 sen support

If breaks 6 sen then could begin sliding down further to 3.5 sen or lower

Mikecyc

46,804 posts

Posted by Mikecyc > 2020-03-11 13:59 |

Post removed.Why?

Johnchew5

11,674 posts

Posted by Johnchew5 > 2020-03-11 14:26 |

Post removed.Why?

Johnchew5

11,674 posts

Posted by Johnchew5 > 2020-03-11 14:27 |

Post removed.Why?

Johnchew5

11,674 posts

Posted by Johnchew5 > 2020-03-11 14:28 |

Post removed.Why?

Posted by FortuneBlooming > 2020-03-11 17:29 | Report Abuse

.

calvintaneng

56,632 posts

Posted by calvintaneng > 2020-03-11 19:27 | Report Abuse

BAD NEWS AGAIN!

Zelan under litigation in JB high court

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3033122

With only Rm5 millions cash left Zelan whatever cash will be taken up by Lawyer fees in court case

STILL GOT DEBT BOMB OF RM500 MILLIONS COMING

THIS JOHNCHEW VERY JINX FOR ZELAN

NOW 5 SEN BARRIER (FAKE ONE) WILL SON BE BROKEN!

UTUSAN & LONDON BISCUIT ALREADY SUSPENDED

NEXT WILL BE ZELAN

Johnchew5

11,674 posts

Posted by Johnchew5 > 2020-03-11 20:16 |

Post removed.Why?

stockraider

31,556 posts

Posted by stockraider > 2020-03-11 20:19 | Report Abuse

Like john says...if zelan is that solvent...they should have paid their debts and not get sue mah....!

!Posted by calvintaneng > Mar 11, 2020 8:16 PM | Report Abuse

Zelan kena sued in jb high court. With only Rm5 millions in Cash and debt bomb of Rn500 millions Zelan will fall below Netx and then Zelan will follow Utusan and London biscuit

Calvin already warn and warn

The necessity of Finding Tsunami sheltered Cash rich debt free stock like Netx

Vincent2002

1,053 posts

Posted by Vincent2002 > 2020-03-11 22:47 |

Post removed.Why?

Vincent2002

1,053 posts

Posted by Vincent2002 > 2020-03-11 22:49 |

Post removed.Why?

calvintaneng

56,632 posts

Posted by calvintaneng > 2020-03-12 05:44 |

Post removed.Why?

Mikecyc

46,804 posts

Posted by Mikecyc > 2020-03-12 07:44 | Report Abuse

Zelan have IIUM cash cow over 17 years, Netx is making loss each year , cannot get bank loan just do esos and pp fund raising, will be bankrupt soon.

Mikecyc

46,804 posts

Posted by Mikecyc > 2020-03-12 07:46 |

Post removed.Why?

Johnchew5

11,674 posts

Posted by Johnchew5 > 2020-03-12 09:04 | Report Abuse

Ho ho Time is running out for Netx ..

calvintaneng

56,632 posts

Posted by calvintaneng > 2020-03-12 09:30 | Report Abuse

Time running out for Zelan correct

620 lots queue buy by sorchai

Just take the opportunity to dump all to sorchai at 5 sen and quickly run

pamie

274 posts

Posted by pamie > 2020-03-12 09:41 | Report Abuse

0.05? Looks like the lowest in its history.

Early this year, there is analyst that listed Zelan in Top5 construction company highly potential. Due to projects, transportation etc.

Seems not jive..p

Mikecyc

46,804 posts

Posted by Mikecyc > 2020-03-12 11:06 |

Post removed.Why?

Mikecyc

46,804 posts

Posted by Mikecyc > 2020-03-12 11:08 | Report Abuse

Calvin why you so scare run away from scomies forum ,price 1.2 sen .

calvintaneng

56,632 posts

Posted by calvintaneng > 2020-03-12 16:41 | Report Abuse

Zelan got Rm500 millions debt bomb

Netx got Rm106.7 millions Net Cash and equi

Sell one Zelan can buy 3 Netx now

Just sell Zelan and buy Netx

Mikecyc

46,804 posts

Posted by Mikecyc > 2020-03-12 17:38 | Report Abuse

Why worry got IIUM cash cow . Netx is 1 sen , is gone case like scomies.

calvintaneng

56,632 posts

Posted by calvintaneng > 2020-03-12 17:46 | Report Abuse

Netx very very ok as it is debt free and Cash rich

For Zelan before help can come the Banks being owed Rm500 millions will forclose on Zelan first

By then assets will go for lelong

Iium also cannot help as Debt Bomb exceeds solvency by big big margin

Johnchew5

11,674 posts

Posted by Johnchew5 > 2020-03-12 22:11 |

Post removed.Why?

Johnchew5

11,674 posts

Posted by Johnchew5 > 2020-03-12 22:35 | Report Abuse

Referring Latest QR with 1 year accumulation , administration expenses = 11 million , finance cost = 40 million , total = 51 million , with IIUM cash cow RM 75 million per year over 17 years , still a surplus.

calvintaneng

56,632 posts

Posted by calvintaneng > 2020-03-12 22:48 | Report Abuse

Cash cow?

Wait long long

In the accounts of this qtr only Rm5 millions

Debt is over Rm500 millions

Iium and Suke were under old govt contracts

Can be changed and renegotiated downward due to work delay or something other shortfall since Zelan management so incompetent

Debt will come faster than collection

So prepare for insolvency. Bankruptcy and delisting

Run now

Johnchew5

11,674 posts

Posted by Johnchew5 > 2020-03-13 08:06 |

Post removed.Why?

stockraider

31,556 posts

Posted by stockraider > 2020-03-13 10:27 | Report Abuse

Pandan muka naysayers with envy loh..!!...{mike, john. shootup & 3iii}

Posted by stockraider > Mar 13, 2020 10:20 AM | Report Abuse X

Amazing...!! Amazing....!!

Netx top klse gainer today with 50% gain loh....!!


Posted by stockraider > Mar 13, 2020 10:15 AM | Report Abuse X

Remember netx your safe heaven loh...!!

calvintaneng

56,632 posts

Posted by calvintaneng > 2020-03-13 12:53 | Report Abuse

See

Told all to dump Zelan at 5 sen

Now 4.5 sen also done

Later 3 sen will also come and then less

kenie

1,641 posts

Posted by kenie > 2020-03-13 14:57 | Report Abuse

cashflow 5.76mil
debt 547mil
current liabilities 242mil

Posted by ProsperousRealm > 2020-03-13 18:54 | Report Abuse

Fly to where?

Posted by ProsperousRealm > 2020-03-13 18:55 | Report Abuse

Fly to holland?

Posted by ProsperousRealm > 2020-03-13 19:00 |

Post removed.Why?

Posted by FortuneBlooming > 2020-03-14 08:19 | Report Abuse

Wake up Zelan guys

Posted by FortuneBlooming > 2020-03-14 08:20 | Report Abuse

Why you guys still sleeping

Posted by FortuneBlooming > 2020-03-14 08:20 | Report Abuse

Still dreaming the good game

Posted by FortuneBlooming > 2020-03-14 08:21 | Report Abuse

Still in denial mode

Posted by FortuneBlooming > 2020-03-14 08:22 | Report Abuse

Refusing to accept & acknowledge that your good game dream is now really a nightmare

Posted by FortuneBlooming > 2020-03-14 08:23 | Report Abuse

Just cut losses & leave

Posted by FortuneBlooming > 2020-03-14 08:23 | Report Abuse

While there is still something left to cut

calvintaneng

56,632 posts

Posted by calvintaneng > 2020-03-15 17:55 | Report Abuse

Hahaha

Calvin is holding Rock solid Netx

How come johnchew getting so mad ?

Aha.

Because his Zelan soon going bankrupt ?

Never mind Johnchew . Can sell Zelan at 4.5 sen also very ok if you can switch to Netx

See

Sell one Zelan at 4.5 sen can hopefully buy 3 Netx shares

So don"t delay or else

Or else Zelan will drop further to 4 sen and Netx go up to 2 sen

Then can only sell one Zelan at 4 sen to buy one Netx at 2 sen

Act fast now ok?

This is Calvin's best and kindest advise to johnchew

Why Calvin so kind leh?

Answer:

Because Jesus tells Calvin to love his enemy

Want2Win

2,553 posts

Posted by Want2Win > 2020-03-15 19:49 |

Post removed.Why?

calvintaneng

56,632 posts

Posted by calvintaneng > 2020-03-15 19:58 | Report Abuse

Matthew 5:44 King James Version (KJV)
44 But I say unto you, Love your enemies, bless them that curse you, do good to them that hate you, and pray for them which despitefully use you, and persecute you;

Mikecyc

46,804 posts

Posted by Mikecyc > 2020-03-16 09:37 |

Post removed.Why?

calvintaneng

56,632 posts

Posted by calvintaneng > 2020-03-16 10:33 | Report Abuse

Hahaha

You reject mercy

So?

Prepare to end in misery

calvintaneng

56,632 posts

Posted by calvintaneng > 2020-03-16 12:34 | Report Abuse

Zelan going bankrupt soon

calvintaneng

56,632 posts

Posted by calvintaneng > 2020-03-16 15:32 | Report Abuse

Saw Thong soon?

pamie

274 posts

Posted by pamie > 2020-03-16 15:49 | Report Abuse

0.035? Wow. Lowest in history?

It's a construction company, should be less affected by oil price/ covid19 issue.

calvintaneng

56,632 posts

Posted by calvintaneng > 2020-03-16 16:18 | Report Abuse

Saw Thong time

Sell and don"t look back

Will end like utusan

longvalley

2,287 posts

Posted by longvalley > 2020-03-16 21:35 | Report Abuse

Dance together........!!

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