Posted by RepcoLow2 > 2014-09-02 10:03 | Report Abuse

Rabbit75....even animal also have some little bit clever brain how to avoid dangerous situation.
You How????????

Posted by xdar > 2014-09-02 11:04 | Report Abuse

http://www.theedgemalaysia.com/business-news/305400-zelan-to-receive-rm1047m-from-meena-holdings-this-week.html

good news..zelan back on track

Posted by Khoo Teik Kean > 2014-09-02 11:14 | Report Abuse

haha, good...

Posted by SeriousInvestor1945 > 2014-09-02 12:15 | Report Abuse

Uptrend but market sentiment not very good now. Buy if you got holding power!

Posted by datasonic > 2014-09-02 12:45 | Report Abuse

the latest anoucement from bursa today:-

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1728185

Posted by Shacks > 2014-09-02 15:38 | Report Abuse

Thanks for sharing the update...

Is that a new project or past project?

Posted by SeriousInvestor1945 > 2014-09-02 16:11 | Report Abuse

Why not yet bullish breakout, affected by stupid PDZ and Sumatec!

Posted by SeriousInvestor1945 > 2014-09-02 16:12 | Report Abuse

Sumatec cause poor market sentiment

Posted by AzmiMerican > 2014-09-02 16:18 | Report Abuse

Further to the Announcements dated 15 April 2014, 17 June 2014, 17 July 2014 and 13 August 2014, Zelan Berhad would like to announce that Meena Holdings LLC, the owner of Meena Plaza Mixed Use Development Project ("Project") in Abu Dhabi, United Arab Emirates, had on 1 September 2014 ("Payment Date") paid a sum of AED121,638,624.07 to Zelan Holdings (M) Sdn Bhd ("ZHSB") in accordance with the terms and conditions of the SSA.

As provided in the SSA, ZHSB will recommence works for the Project on 1 October 2014 ("Recommencement Date") and is required to complete the Project within 15 months.

This Announcement is dated 2 September 2014.




Ini berita bagus, settled out of court and now paid too

Cash tambah, value of project also meningkat dan guarantee tak de masalah lagi esok dengan orang arab ni. Dah made peace

Posted by SeriousInvestor1945 > 2014-09-02 16:27 | Report Abuse

Don't sell folks, hold for long term if you can. This is not roller coaster counter like Sumatec. Order book pun sudah confirm lah! Zelan only getting better and better!

Posted by as1915000 > 2014-09-02 16:45 | Report Abuse

yes, u r right, but a bit slow

Posted by SeriousInvestor1945 > 2014-09-02 16:59 | Report Abuse

Indonesia case settle, Abu Dhabi settle, more Petronas project and more govt project(surely GST will help to increase government spending) and .......

Posted by danielleong > 2014-09-02 19:32 | Report Abuse

When the dust settles, investors will realise that this stock is damn cheap, full of potential. Maybe a slightly medium term outlook but there is no more penny stocks with the same potential. In the black, huge order book, and dirt cheap. Long term holders can expect another KNM, only better of they do some research.
Your RM 1 invested = will be RM 2 in a year? 100k =200k, 1 million = 2 million? Fingers crossed.

Posted by cytew > 2014-09-02 19:41 | Report Abuse

I think 6 months later it will rise to about 70 to 80 cents, base on my calculation,倚天屠龙剑法。

Posted by suz99 > 2014-09-02 20:19 | Report Abuse

Further to the Announcements dated 15 April 2014, 17 June 2014, 17 July 2014 and 13 August 2014, Zelan Berhad would like to announce that Meena Holdings LLC, the owner of Meena Plaza Mixed Use Development Project ("Project") in Abu Dhabi, United Arab Emirates, had on 1 September 2014 ("Payment Date") paid a sum of AED121,638,624.07 to Zelan Holdings (M) Sdn Bhd ("ZHSB") in accordance with the terms and conditions of the SSA.



As provided in the SSA, ZHSB will recommence works for the Project on 1 October 2014 ("Recommencement Date") and is required to complete the Project within 15 months.


This Announcement is dated 2 September 2014.

02/09/2014 19:51

Posted by suz99 > 2014-09-02 20:23 | Report Abuse

121,638,624.07 United Arab Emirates Dirham equals

105,229,613.70 Malaysian Ringgit

Posted by bbc123 > 2014-09-02 22:41 | Report Abuse

Will zrooooom tomorrow!

Posted by kanzaki80 > 2014-09-02 23:05 | Report Abuse

My first choice - Zelan.. I believe in u..

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

Ready for take Off

Posted by Steven Tan > 2014-09-03 09:35 | Report Abuse

TP today?

Posted by AzmiMerican > 2014-09-03 09:38 | Report Abuse

Sooner or later 0.46 again as fundamental makin baik

Posted by SeriousInvestor1945 > 2014-09-03 10:09 | Report Abuse

I hope research house will cover this counter soon! Zelan is once RM12 and the darling of foreign fund!

Posted by stockcrazy > 2014-09-03 10:36 | Report Abuse

my TP is RM 0.53 since started fly from 0.325...at this moment

Posted by stockcrazy > 2014-09-03 10:54 | Report Abuse

i am in RM 0.405... New TP is RM 0.68 (68% profit from now)...

Posted by KAQ4468 > 2014-09-03 10:59 | Report Abuse

I bought @ 0.190 on Feb.... Wakakaka ... Huge one!!! Already 100% profit as per today...

Posted by bbc123 > 2014-09-03 11:55 | Report Abuse

one of the FEW that is green today! BUY! BUY!BUY!

Posted by bbc123 > 2014-09-03 12:19 | Report Abuse

Afternoon will even be better! Gap up like this morning?!!!! Sitting on a pot of CASH woh!

Posted by datasonic > 2014-09-03 14:18 | Report Abuse

TP today is 0.425

Posted by kanzaki80 > 2014-09-03 14:22 | Report Abuse

I bought 0.435 previously.. now still consider cheap.. at least cheaper than my enter price..

Posted by hobson64 > 2014-09-03 14:28 | Report Abuse

with more progressive claim from AD (subtracting from Indonesian projects, KT drawbridge and PETRONAS projects), Zelan is more appealing now. I am looking at TP 0.80 conservatively.

Posted by SeriousInvestor1945 > 2014-09-03 15:04 | Report Abuse

I hope EPF and Tabung Haji buying!

Posted by bbc123 > 2014-09-03 17:39 | Report Abuse

http://www.theedgemalaysia.com/index.php?option=com_content&task=view&id=305674&Itemid=43

Posted by bbc123 > 2014-09-03 17:40 | Report Abuse

tomorrow will continue uptrend!

Posted by bbc123 > 2014-09-03 17:44 | Report Abuse

Business NewsHome > Business > Business News

Published: Tuesday September 2, 2014 MYT 2:25:00 PM
Updated: Tuesday September 2, 2014 MYT 2:29:20 PM
Abu Dhabi's Meena Holdings pays Zelan RM104.9m


KUALA LUMPUR: Meena Holdings LLC, owner of Meena Plaza mixed use development project in Abu Dhabi has paid Zelan Holdings Bhd 121.63mil dirhams (RM104.97m) under a settlement deal.

Zelan said in on Tuesday the payment was under the terms and conditions of the second supplementary agreement (SSA) where Zelan would resume work on the project.

"Zelan will recommence works for the project on Oct 1, 2014 and is required to complete the project within 15 months," it said.

On April 15, Zelan had signed the SSA with Meena Holdings to settle the disputes between both parties and for Zelan to resume work.

According to the terms of the SSA, Meena and Zelan Holdings have agreed to continue with the project as stated in the contract dated April 1, 2008.

To recap, in November 2012, Zelan told Bursa Malaysia that Meena had issued a 14-day notice to Zelan Holdings to terminate the contract and to liquidate Zelan Holdings' performance bond.

Meena has agreed to pay 121.64 million dirhams to Zelan's unit within 74 days from the date of the SSA.

The payment consists of a refund of 92.53 million dirhams (RM81.69mil) received earlier by Meena in relation to its demand on Zelan's performance bond in November 2012, as well as payment of 29.11 million dirhams (RM25.7mil) outstanding progress claims for works done due to the latter.

Additionally, the two parties have agreed to revise the contract price to 980.05 million dirhams (RM864.2mil) from the original contract price of 950.03 million dirhams (RM838.7mil), as a result of an agreed variation order for additional fit out work of some 30.02 million dirhams (RM26.5mil).

"The parties have also agreed that the contract value of works completed as at November 2012 is 464.56 million dirhams (RM410.12mil), and therefore the contract value of the remaining works to be undertaken by Zelan Holdings now is 515.49 million dirhams (RM455.08mil)," Zelan said in its filing.

Posted by bbc123 > 2014-09-03 17:44 | Report Abuse

Gap up tomorrow!!!!Yeahhhh!!!

Posted by 4u2c > 2014-09-03 17:56 | Report Abuse

bbc123..................what sign did u see ??

Posted by kanzaki80 > 2014-09-03 18:35 | Report Abuse

http://www.theedgemalaysia.com/mobile/article.php?id=305673&pid=1

Posted by kanzaki80 > 2014-09-03 18:37 | Report Abuse

Zelan everyday got news.. Hope investors notice this potential share..

Posted by 4u2c > 2014-09-03 18:42 | Report Abuse

Look at charts to confirm if esk is uptrend ? No chartist in Zelan ?

Posted by Cweed > 2014-09-03 18:57 | Report Abuse

Can buy.

Posted by sam5941 > 2014-09-03 21:36 | Report Abuse

down trend.

Posted by 4u2c > 2014-09-03 23:00 | Report Abuse

no ! uptrend......u go back to school........or i need a magnifying glass

Posted by Shacks > 2014-09-04 08:33 | Report Abuse

Based on what this stock is going downtrend, pls share.

Posted by contrarionix > 2014-09-04 09:10 | Report Abuse

its a trading buy- MACD looks like it's about to cross over, in line with the SMA as well. stock has been corrected already, no downside from here

Posted by RepcoLow2 > 2014-09-04 10:50 | Report Abuse

Got so many golden news but share move like dead tortoise.

Posted by Shacks > 2014-09-04 10:54 | Report Abuse

Disappointed...

Posted by wkkht > 2014-09-04 11:50 | Report Abuse

http://www.zelan.com/newsdetails.php?PageId=Ng&subPageId=&NewsId=NQ==

Posted by Shacks > 2014-09-04 11:52 | Report Abuse

New project?

Thanks for sharing.

Posted by chilton30a > 2014-09-04 12:16 | Report Abuse

The shark wanted to buy at cheap price ,they press down the price to collect and when they have enough holding will eventually pump up the price to make max profit.So for the weaker player they flush you out to reduce their capital cost is the stock trading game mah!!!!!!!!!!!!!!!!!!!!!!!!!kiiiiiiiiiiiiiiiiikkkkkkkkkkkiiiiiiiiiii.

Posted by chilton30a > 2014-09-04 12:29 | Report Abuse

For these few days might not be good weather for contra players but mid and long term investors,have faith,big present waiting!!!!!!!!!!!!!!!!!!!!!!!!hhhhhhhhhhhhhhhhhhhha