ZELAN BHD

KLSE (MYR): ZELAN (2283)

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Last Price

0.04

Today's Change

0.00 (0.00%)

Day's Change

0.04 - 0.04

Trading Volume

60,000


19 people like this.

7,154 comment(s). Last comment by MZM2511 18 hours ago

Posted by pisangpanas > 2014-08-26 14:25 | Report Abuse

jumaat sure kasi pusing 0.42

kakisaham

7,263 posts

Posted by kakisaham > 2014-08-26 14:27 | Report Abuse

kalu dia tak pusing kita yg kena pusing

chernhung

178 posts

Posted by chernhung > 2014-08-26 15:15 | Report Abuse

haha, i dont hope to see price increased in short term. at least 6 months is needed to see the performance. This is long term investmentl

RepcoLow2

190 posts

Posted by RepcoLow2 > 2014-08-26 16:02 | Report Abuse

lousy stock..........kaki chatting over build up

Posted by chiongster1234 > 2014-08-26 16:17 | Report Abuse

hoseh,stuck another few months again,gg

ggecko

1,937 posts

Posted by ggecko > 2014-08-26 16:17 | Report Abuse

relax, it'll go up; not it's turn yet

bigbitp

116 posts

Posted by bigbitp > 2014-08-26 16:51 | Report Abuse

tml magic...

Newb

198 posts

Posted by Newb > 2014-08-26 23:18 | Report Abuse

rubbish counter.. no more catalyst fpor it to move

bullmoney

276 posts

Posted by bullmoney > 2014-08-26 23:29 | Report Abuse

zelan will soon get new contract.!!!!!!!!!!!!!!!!!!!!!!!!!!

EL78

23 posts

Posted by EL78 > 2014-08-26 23:31 | Report Abuse

Huh? New contract ?? Are you sure ? When?

chernhung

178 posts

Posted by chernhung > 2014-08-27 09:19 | Report Abuse

@bullmoney, please state statement with evidence.

FlyingMan

89 posts

Posted by FlyingMan > 2014-08-27 09:36 | Report Abuse

Agm tommorow...Only good news anticipated...thats why market quiet today for this counter. Calm before the Storm

FlyingMan

89 posts

Posted by FlyingMan > 2014-08-27 09:43 | Report Abuse

Today will be Buyers day..expected a 10% Jump on stock price

chernhung

178 posts

Posted by chernhung > 2014-08-27 09:46 | Report Abuse

i think price flying after 6 months... if don have any good news to goreng it. but if u all said good news is coming, i am glad waiting for it XD

FlyingMan

89 posts

Posted by FlyingMan > 2014-08-27 11:09 | Report Abuse

News is Good...Order Book growing...Right people at the Helm...its a SURE play for the future. P/E still got lots of growth potential

Posted by SeriousInvestor1945 > 2014-08-27 13:53 | Report Abuse

Many off-market transactions this month- above current price!
27/08/2014 13:53

bigbitp

116 posts

Posted by bigbitp > 2014-08-27 14:52 | Report Abuse

buy buy buy!!!!

juju

122 posts

Posted by juju > 2014-08-27 15:00 | Report Abuse

time to top up

ssmeng65

58 posts

Posted by ssmeng65 > 2014-08-28 07:11 | Report Abuse

@seriousinvestor1945
Where can u find information of off market transaction of zelan? Thanks

tamarindo

1,008 posts

Posted by tamarindo > 2014-08-28 10:44 | Report Abuse

look at AHB also while waiting for this counter to move..

FlyingMan

89 posts

Posted by FlyingMan > 2014-08-28 11:03 | Report Abuse

Only Buyers today

tamarindo

1,008 posts

Posted by tamarindo > 2014-08-28 11:32 | Report Abuse

AHB - total bank owing only about 4 million. total cash available more than 21 million !

Posted by SeriousInvestor1945 > 2014-08-28 11:39 | Report Abuse

Ssmeng, you got online trading account?
I am not sure what trading platform you are using, you can check the platform with the stock broking house under direct txtn

Jasonnnnn

66 posts

Posted by Jasonnnnn > 2014-08-28 15:18 | Report Abuse

everyday drop abit abit... one day it sure up up up!!!

ssmeng65

58 posts

Posted by ssmeng65 > 2014-08-28 19:07 | Report Abuse

Tq. Seriousinvestor.

dragonlim

412 posts

Posted by dragonlim > 2014-08-28 19:58 | Report Abuse

Seems like downtrend ....No pushing up force.....

Posted by antant7588 > 2014-08-28 21:44 | Report Abuse

tomorrow agm......

chernhung

178 posts

Posted by chernhung > 2014-08-29 09:07 | Report Abuse

down trend... >.<

FlyingMan

89 posts

Posted by FlyingMan > 2014-08-29 09:29 | Report Abuse

Buyers Market..after AGM should move up. News is Good

oon168

204 posts

Posted by oon168 > 2014-08-29 09:34 | Report Abuse

Curry ayam+Curry kambing.....zelan boleh.....

Posted by chiongster1234 > 2014-08-29 09:39 | Report Abuse

mana ada ayam!!

oon168

204 posts

Posted by oon168 > 2014-08-29 09:53 | Report Abuse

sudah mahu balik ......reban ayam...

RepcoLow2

190 posts

Posted by RepcoLow2 > 2014-08-29 10:40 | Report Abuse

sudah mau mati............lubang tanah

FlyingMan

89 posts

Posted by FlyingMan > 2014-08-29 10:49 | Report Abuse

Wait after AGM...no Bad news at all +++, No volume..,,will go higher next week

xdar

399 posts

Posted by xdar > 2014-08-29 10:57 | Report Abuse

@FlyingMan, are you at the AGM?

juju

122 posts

Posted by juju > 2014-08-29 11:24 | Report Abuse

anyone, pls update new after AGM

Jasonnnnn

66 posts

Posted by Jasonnnnn > 2014-08-29 11:56 | Report Abuse

downtrend and downtrend!!

ggecko

1,937 posts

Posted by ggecko > 2014-08-29 11:57 | Report Abuse

it follows the -ve sentiment of other speculative stocks particularly sumatec/pdz

FlyingMan

89 posts

Posted by FlyingMan > 2014-08-29 12:07 | Report Abuse

Strong orderbook + Good Q1 result..should be ok to hold

xeposx

7 posts

Posted by xeposx > 2014-08-29 12:21 | Report Abuse

Should fly next week. A good long weekend everyone!

FlyingMan

89 posts

Posted by FlyingMan > 2014-08-29 12:23 | Report Abuse

I agree...Petronas is opening many new oil fields and normally would follow suit to award projects to a few companies...Zelan is one of them

lian998

464 posts

Posted by lian998 > 2014-08-29 21:15 | Report Abuse

Thanks xeposx for the update.

rabbit75

27 posts

Posted by rabbit75 > 2014-08-30 22:36 | Report Abuse

Ahb guys

rabbit75

27 posts

Posted by rabbit75 > 2014-08-30 22:36 | Report Abuse

Home 30 Aug 2014
Local World Business Sports
AHB aims to be the biggest in five years
Posted on 12 August 2014 - 05:37am
Lee Weng Khuen
sunbiz@thesundaily.com


Yong fielding questions from the press while Dr Folk Jee Yoong, Director of AHB Holdings Bhd looks on. NORMAN HIU/ theSun
KUALA LUMPUR: AHB Holdings Bhd, which is expected to exit its Practice Note 1 (PN1) status by next month, targets to be the largest premium office furniture player in Malaysia in five years' time.

"The (premium office furniture) market has at least five players, we want a significant part among the five (players)…Malaysia is leading exporter of the office furniture market, (so) we don't look at the local market alone, but it's a nice market to look at," CEO-cum-managing director Yong Yoke Keong told a media briefing here yesterday.

He projects that the size of the premium office furniture industry could be worth RM200 million annually.

AHB, which is looking at growing its presence in India by setting up a representative office, has more than 25 export markets in different regions, making up about 85% of its total revenue.

The group triggered the PN1 criteria in August 2013 when it defaulted on a RM3 million payment.

It is due to settle this amount by the RM21 million it hopes to raise through a rights issue which was approved by shareholders last month.

"We have learnt our lesson and tend to keep our balance sheet very strong," he said, adding that the firm will hold a net cash of RM5 million to RM10 million after cleaning up its debts.

Operation-wise, the office furniture firm has started making profits in the current financial year, posting a net profit of RM605,000 for the nine-month ended March 31, 2014, a 20-fold jump from the RM30,000 it made for the same period the year before.

It made a net loss of RM8.86 million for the financial year ended June 30, 2013.

It is also notable that AHB still had accumulated losses of RM29.94 million as of March 31, 2014, but he said the issue will only be addressed at a later time.

Yong also said that the firm is on the lookout for acquisition opportunities, whereby it is already in talks with its foreign counterparts especially in Southeast Asia, but stressed that any acquisitions must be synergistic and generate high profits.

"The market is fragmented…We're always thinking (about) how to consolidate the market…but it's too early to make any statement on it, it's just a preliminary (talk), this acquisition will not be within this near future," Yong said.

Datuk Tiong Kwing Hee, the largest shareholder of AHB, through Dexx Technologies Sdn Bhd, holds a 19.43% stake, while Yong has 14.47% equity interest.

AHB also expects to build a furniture plant in Port Klang area next year to cater to the growing demand in the office furnish industry, besides having an assembly and quality control plant in Seri Kembangan at the moment.


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rabbit75

27 posts

Posted by rabbit75 > 2014-08-30 22:37 | Report Abuse

June profit 0.8 mil

malaysian

93 posts

Posted by malaysian > 2014-08-30 23:16 | Report Abuse

Hi rabbit 75 ,is your brain functioning ? Pls post this under AHB... Thank you for using your brain ...

Posted by talentgrade > 2014-08-31 23:09 | Report Abuse

@ xeposx it will not fly next week; neither will it fall that badly. lol

@ FlyingMan PETRONAS may give out a few more RSCs to foreign E&P cos with KLSE-listed O&G service provider, i.e., Zelan, Daya, MMHE, etc. With (or without) Vestigo? That depends...

chilton30a

191 posts

Posted by chilton30a > 2014-09-01 12:08 | Report Abuse

zelan is certainly a good potential stock to keep for mid and long term!!!!!!!!!!!!!!!!! by weekend will closed above 40cts........................?

AyamTua

13,598 posts

Posted by AyamTua > 2014-09-02 05:35 | Report Abuse

kokokkk !

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