ZELAN BHD

KLSE (MYR): ZELAN (2283)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.04

Today's Change

0.00 (0.00%)

Day's Change

0.04 - 0.04

Trading Volume

80,200


19 people like this.

7,154 comment(s). Last comment by MZM2511 1 day ago

4u2c

3,553 posts

Posted by 4u2c > 2014-07-29 20:16 | Report Abuse

Thank you...mmmm......interesting....I will hold my entry ......this means the whole week , down or unchanged.........must look at next wave if any....to break its 33.5 all time high.....susah cari makan...focus on my Ideal ,hovid n IFcam then....Thanks again....

AyamTua

13,598 posts

Posted by AyamTua > 2014-07-30 09:17 | Report Abuse

yes! kikikikiiiiiiiiiiiiiiiiii

AyamTua

13,598 posts

Posted by AyamTua > 2014-07-30 09:25 | Report Abuse

moving .. moving .. moving ..... keep the faith to see sunlight! kikikiiii

kanzaki80

29 posts

Posted by kanzaki80 > 2014-07-30 09:34 | Report Abuse

Zelan up up up.. happy trading..

maps

172 posts

Posted by maps > 2014-07-30 10:12 | Report Abuse

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.

kanzaki80

29 posts

Posted by kanzaki80 > 2014-07-30 10:32 | Report Abuse

big news again.. share link please..

maps

172 posts

Posted by maps > 2014-07-30 10:32 | Report Abuse

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

maps

172 posts

Posted by maps > 2014-07-30 10:34 | Report Abuse

Think can go in quite confidently.

AyamTua

13,598 posts

Posted by AyamTua > 2014-07-30 11:09 | Report Abuse

kikikiiiii

maps

172 posts

Posted by maps > 2014-07-30 11:13 | Report Abuse

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

AyamTua

13,598 posts

Posted by AyamTua > 2014-07-30 11:24 | Report Abuse

my advise? honestly, cant predict future.. but just have faith ........ perhaps others can share their input.. kikiki FAITH WILL GET YOU SOMEWHERE .. haaaahaaaa

AyamTua

13,598 posts

Posted by AyamTua > 2014-07-30 11:28 | Report Abuse

remember.... help poor people.. God will bless you ...... cheers! kikikki

AyamTua

13,598 posts

Posted by AyamTua > 2014-07-30 11:32 | Report Abuse

250m ECER JOB + 248m PETRONAS JOB
apa lagi lu worang mau??? kikikiki


steady http://www.theedgemalaysia.com/in-the-edge-financial-daily-today/300446-highlight-zelan-to-win-rm250m-ecer-job-fd.html
30/07/2014 10:34

AyamTua

13,598 posts

Posted by AyamTua > 2014-07-30 11:38 | Report Abuse

just have faith... and do good to people.. any stock go in will be bless.........

Joel

4,580 posts

Posted by Joel > 2014-07-30 11:53 | Report Abuse

I q to buy 10 lots at rm0.335.
but dunno can get it or not.

4u2c

3,553 posts

Posted by 4u2c > 2014-07-30 12:09 | Report Abuse

AT........this makes a lot of difference .i hv entered .

AyamTua

13,598 posts

Posted by AyamTua > 2014-07-30 12:29 | Report Abuse

250M ECER JOB POTENTIAL + PETRONAS JOB ............. huat loh....kikiki
TP PREDICTION: 0.500-0.700-1.00?????? kikikiiki

steady

649 posts

Posted by steady > 2014-07-30 12:52 | Report Abuse

5.00 in Y2090. :)

AyamTua

13,598 posts

Posted by AyamTua > 2014-07-30 13:03 | Report Abuse

top up! while still fresh .... 0.500 not impossible but possible! kikikiki

maps

172 posts

Posted by maps > 2014-07-30 13:06 | Report Abuse

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

AyamTua

13,598 posts

Posted by AyamTua > 2014-07-30 13:09 | Report Abuse

turnaround in cashflow.
got petronas job + upcoming ECER jobs potential...
Prediction: 0.350-0.400-0.450-0.500 POSSIBLE.......
hihihihiihhi

Ayam2

91 posts

Posted by Ayam2 > 2014-07-30 13:18 | Report Abuse

Don't forget CBSA*PanQages

AyamTua

13,598 posts

Posted by AyamTua > 2014-07-30 13:21 | Report Abuse

PETRONAS RAPID and ECER Powerhorse ! yeehahaaaaa
FRESH RAPID + ECER NEWS
Prediction: 0.350-0.400-0.450-0.500 POSSIBLE.......

RAPID JOB ($248m)
Zelan: Bags MYR248.5m Rapid job. Fresh from its restructuring exercise to trim borrowings and wipe out accumulated losses, Zelan Bhd has secured a MYR248.5m contract from Petronas to construct a jetty for the national oil giant’s refinery and petrochemical integrated development (Rapid) project in Pengerang, Johor. The jetty is intended to facilitate the import of heavy lift oversized (HLO) and super HLO equipment and materials as well as some break-bulk and containerized cargo during the implementation of Rapid. (Source: The Edge Financial Daily)
NEWS: http://klse.i3investor.com/blogs/kltrader/56578.jsp


ECER JOB ($250m)
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.
30/07/2014 10:12
NEWS: http://www.theedgemalaysia.com/in-the-edge-financial-daily-today/300446-highlight-zelan-to-win-rm250m-ecer-job-fd.html

ZELAN Financial Outlook
Quarterly Report History
http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=Z&source=M&securityCode=2283

AyamTua

13,598 posts

Posted by AyamTua > 2014-07-30 13:50 | Report Abuse

the new ZeLaN! kikikiki

dragonking

3,496 posts

Posted by dragonking > 2014-07-30 14:00 | Report Abuse

zelan become bulan,,,

AyamTua

13,598 posts

Posted by AyamTua > 2014-07-30 16:33 | Report Abuse

kokokokkkkk kiikiiiikkiiiii

Posted by AzmiMerican > 2014-07-30 17:14 | Report Abuse

Sebab project no 2, I ada masuk sikit tadi. May be it is not a one project pony.

Also, nampaknya contact dulu masih ada

AyamTua

13,598 posts

Posted by AyamTua > 2014-07-30 17:29 | Report Abuse

BESOK TERBANG KE LANGIT! KEEP THE FAITH.

Christine Goh

3,117 posts

Posted by Christine Goh > 2014-07-30 17:31 | Report Abuse

no wonder this ctr can terbang bcus AT at here.....thanks AT......

AyamTua

13,598 posts

Posted by AyamTua > 2014-07-30 18:09 | Report Abuse

TP: 0.500 - 0.650 - 0.750 - $1.00 !!! power prediction

Christine: thanks hihihi Zelan will fly ! big news came ! kikiki
have faith !!!! Petronas Job + ECER Job = almost half billion with improving cashflow and Abu Dhabi projects see the posted news links !!!

AyamTua

13,598 posts

Posted by AyamTua > 2014-07-30 18:10 | Report Abuse

terbang menuju syurga !!!! kikiikkiiiiiii

steady

649 posts

Posted by steady > 2014-07-30 18:13 | Report Abuse

AT, where is Abu Dhabi project's link?

maps

172 posts

Posted by maps > 2014-07-30 19:00 | Report Abuse

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.

4u2c

3,553 posts

Posted by 4u2c > 2014-07-30 19:03 | Report Abuse

So new already sampai, do we sell on news ?

Romjam

259 posts

Posted by Romjam > 2014-07-30 19:09 | Report Abuse

AT I bought WA. What is TP for WA?

AyamTua

13,598 posts

Posted by AyamTua > 2014-07-30 19:10 | Report Abuse

Petronas Job + ECER + Meena .. wow...

maps

172 posts

Posted by maps > 2014-07-30 20:37 | Report Abuse

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

4u2c

3,553 posts

Posted by 4u2c > 2014-07-30 21:46 | Report Abuse

already up 33 pct from 24 cts within a mth....They are trading at all time high now...Question now , is ................where do they want to stop ??? Ayam Tua first TP is 50 cts thats another 47 pct from today close of 34. So, esok , u sapu all on selling Q ?

chilton30a

191 posts

Posted by chilton30a > 2014-07-30 23:18 | Report Abuse

if u make enough ,sell off and stay sideway!!!!!!!!!!!!!!!!hhhhhhhhhhhhhhhhhhhhhhhha

Joel

4,580 posts

Posted by Joel > 2014-07-30 23:22 | Report Abuse

http://www.chinapress.com.my/node/547561

Once ZELAN get that value of project (ECER ), sure hit to the North in this week !

AyamTua

13,598 posts

Posted by AyamTua > 2014-07-31 03:09 | Report Abuse

when people suggest to sell because of all time high .. this is the best time to be greedy!
bangun pagi gosok gigi cuci muka kikikiiii

kangcs

779 posts

Posted by kangcs > 2014-07-31 09:46 | Report Abuse

0.40

maps

172 posts

Posted by maps > 2014-07-31 11:25 | Report Abuse

very quite day. no movement

Posted by AzmiMerican > 2014-07-31 11:28 | Report Abuse

Last few days volume tinggi, T + 3 kut

Think it will drop... harap tak banyak

cakarayam

302 posts

Posted by cakarayam > 2014-07-31 12:36 | Report Abuse

recovering stock...

AyamTua

13,598 posts

Posted by AyamTua > 2014-07-31 12:37 | Report Abuse

moving .......... kikiki

cakarayam

302 posts

Posted by cakarayam > 2014-07-31 12:39 | Report Abuse

engine starting beng bengggg

Huatlar

68 posts

Posted by Huatlar > 2014-07-31 12:45 | Report Abuse

rehat sekejap

cakarayam

302 posts

Posted by cakarayam > 2014-07-31 12:46 | Report Abuse

baru nak move sudah rehat..

Post a Comment
Market Buzz