Posted by chilton30a > 2014-09-04 12:38 | Report Abuse

Mr.wkkht you are misleading others over here,the news provided is outdated and expired!!!!

Posted by char1234 > 2014-09-04 12:44 | Report Abuse

Good indicators but moving down

Posted by RepcoLow2 > 2014-09-04 13:18 | Report Abuse

Dear Wkkht don't forget ......we are in future , our current year is 2014.....NOT 2007

Posted by bbc123 > 2014-09-04 13:27 | Report Abuse

Awarded so much $$$$$& yet...? Cannot be...
Hmmm, dun be surprised shark suddenly appear n make it spike in the afternoon. I saw this so many times at other counters.

Posted by Shacks > 2014-09-04 13:40 | Report Abuse

this is not only happening in this counter, a lot of counters also in red. Maybe next week will continue uptrend.

Posted by Frankie Tcc > 2014-09-04 13:43 | Report Abuse

Hopefully will be up in the afternoon.

Posted by saadhalim > 2014-09-04 13:52 | Report Abuse

Should get rid of T+3 and work on Cash Payment
Upon Purchase. See if sharks can still play in such conditions.

Posted by char1234 > 2014-09-04 14:27 | Report Abuse

Maybe 1 day show.just adj price n game over

Posted by kanzaki80 > 2014-09-04 14:43 | Report Abuse

hopefully uptrend..

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

only the klci index rebound and remain uptrend. This counter still in red and slow...

Posted by xdar > 2014-09-04 17:12 | Report Abuse

1 day show only, haih...

Posted by Cweed > 2014-09-04 18:30 | Report Abuse

Just profit taking today. As at day end chart Sui sui liao. But please dun throw like no tomorrow. You could be the ones contributing to the down trend. Esok masih ada! :)

Posted by hoonhooi > 2014-09-04 19:14 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1731701

Posted by hoonhooi > 2014-09-04 19:15 | Report Abuse

Good news?

Posted by Cweed > 2014-09-04 19:21 | Report Abuse

Good news! Thanks for the link hoonhooi. Had the announcement came out before day end, it won't have dropped like this.

Posted by maps > 2014-09-04 20:57 | Report Abuse

quite strange that with so many good news, investment firms like Maybank, Affin etc have so far not given any target price for Zelan

Posted by SeriousInvestor1945 > 2014-09-04 20:58 | Report Abuse

Overall market poor sentiment affected by Sumatec, not suppose to affect Zelan

Posted by oon168 > 2014-09-04 21:30 | Report Abuse

zelan boleh.....Adnan boleh.....MMC boleh.....tan sri boleh.....

Posted by 4u2c > 2014-09-04 21:52 | Report Abuse

Cweed........ha ya, u say today cantik....tomorrow sui sui .........u sure or not ? I I doubted sam5941......today i look, its really downtrend......of course i look at charts..i KOPI lesen one..
looks down trend to me..

Posted by stupid168 > 2014-09-04 23:37 | Report Abuse

No hope.....................

Posted by Shacks > 2014-09-05 09:18 | Report Abuse

relax la... only 20 minutes of trading.

RSI chart shows sign of rebound since yesterday after touching the 30%. So sit and watch.

Stay positive...

Posted by RepcoLow2 > 2014-09-05 09:44 | Report Abuse

doubt
As I knw, some counter move (jump) like hell without news....why!!!!!
Zelan got plenty news but cannot jump.....even cannot crawling also........why!!!!!

Posted by chiongster1234 > 2014-09-05 09:45 | Report Abuse

slow and steady not good?

Posted by Shacks > 2014-09-05 10:00 | Report Abuse

Yes, slow and steady is better, compared to the previous rally few days ago. Up fast, then down faster.

Posted by Shacks > 2014-09-05 10:25 | Report Abuse

NTA is 0.18 and EPS is 1.85.

Posted by char1234 > 2014-09-05 13:46 | Report Abuse

Consolidating.

Posted by airfryer > 2014-09-05 14:00 | Report Abuse

hope on monday, coming soon...

Posted by bbc123 > 2014-09-05 14:16 | Report Abuse

Today close 0.395 (min) for mother i think. Son still lagged behind quite a bit. Buy son ;) .

Posted by hobson64 > 2014-09-05 16:19 | Report Abuse

correction is over judging from the surge of PDZ, SUMATEC and MARCO....ZELAN will take off soon

Posted by 4u2c > 2014-09-05 23:25 | Report Abuse

yes, zeeeeeeeeeelan...i agree with u

Posted by stockcrazy > 2014-09-06 08:57 | Report Abuse

buy and keep it....but long term, RM1.00 easily... my short term TP is RM 0.68~~~

Posted by stockcrazy > 2014-09-06 09:07 | Report Abuse

based on my Chart calculation... Buy mother share at RM 0.39 is valuable than buying son at RM 0.30

Posted by kanzaki80 > 2014-09-06 10:23 | Report Abuse

stockcrazy I agreed with u.. buy mother better than buy son..

Posted by char1234 > 2014-09-06 13:20 | Report Abuse

I disagree.for short term warrant better

Posted by oon168 > 2014-09-06 14:00 | Report Abuse

kedua dua semua better...$$$$$

Posted by maps > 2014-09-06 14:38 | Report Abuse

stockcrazy my view short term RM1.00 by this end year is possible,, long term all depends on the number of new contracts that zelan gets

Posted by 4u2c > 2014-09-06 15:36 | Report Abuse

short term = rm 1 ...is too far fetched...by the way, how did u conclude to such a price ?

Posted by maps > 2014-09-06 15:44 | Report Abuse

right now eps is 6. At rm1.00 the eps will be 16 which is still quite low. so i feeL rm1 tp is reasonable. just my view only

Posted by 4u2c > 2014-09-06 16:16 | Report Abuse

well.....lets see together.... My self, short term is 0.50 only...that is also very tough...Good luck..

Posted by kanzaki80 > 2014-09-06 19:45 | Report Abuse

4u2c, based on current contracts, RM0.50 is reasonable price.. Zelan will going up if projects gain and generate cash flow..

Posted by kanzaki80 > 2014-09-06 19:49 | Report Abuse

Zelan company keep pushing market and keep make announcement but market expectation still low..

Posted by Cweed > 2014-09-07 00:48 | Report Abuse

Work resumes at Meena Plaza project

by Nick Ames on Sep 4, 2014

A stalled property development in Abu Dhabi’s Port Zayed is set to resume after its owners and builders settled a long-running dispute.

Work on Meena Plaza, a partially-built four high-rise towers complex in the centre of the city’s former container port, will restart on 1 October after a gap of two years, Malaysian contractor Zelan said.

The block of three apartment towers and one office tower, which is being developed by Meena Plaza, a company owned by the private Abu Dhabi developer Tamouh and other investors, was started at the end of 2007.

The 246,500m2 project includes a helipad, sun bathing deck, a covered jacuzzi and wading pool as well as a cinema and private medical centre.


Meena Holdings was ordered to stop work in November 2012.

But after protracted negotiations between the two companies, local media reports say Meena Holdings paid Zelan around $32mn to resume work on the project.

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

Port Zayed has been earmarked for redevelopment since container operations were moved to Abu Dhabi’s Khalifa Port operation in 2012.

Posted by Cweed > 2014-09-07 00:53 | 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 Cweed > 2014-09-07 01:06 | Report Abuse

So Zelan oso got this! Just stumbled upon this article while surfing the net. :)

ARKIB : 11/08/2014
Petronas anugerah 11 kontrak untuk majukan PIC

Oleh AZMAN IBRAHIM
ekonomi@utusan.com.my
KUALA LUMPUR 10 Ogos - Petroliam Nasional Berhad (Petronas) meneruskan projek meganya di Johor iaitu Kompleks Bersepadu Pengerang (PIC) dengan baru-baru ini menganugerahkan kontrak kepada 11 pemain industri.

Petronas berkata, kontrak-kontrak tersebut merupakan sebahagian daripada batu loncatan kelayakan kritikal PIC sekali gus menunjukkan komitmen Petronas untuk menjayakan pembangunan PIC.

Katanya, daripada 11 kontrak, lima daripadanya merupakan kontrak bagi kerja-kerja kejuruteraan, perolehan, pembinaan dan pentauliahan (EPCC) bagi komponen projek penapisan dan steam cracker.

"Komponen-komponen itu melibatkan pengeluaran produk-produk petroleum dan bahan mentah untuk loji petrokimia hiliran yang akan dibina dalam kompleks tersebut,'' katanya dalam kenyataan di sini hari ini.

Kontrak EPCC dianugerahkan kepada syarikat konsortium yang terdiri daripada CTCI Corporation, Chiyoda Corporation, Synerlitz (Malaysia) Sdn. Bhd. dan MIE Industrial Sdn. Bhd., Sinopec Engineering (Group) Co. Ltd. dan Sinopec Engineering Group (Malaysia) Sdn. Bhd. dan Técnicas Reunidas S.A. and Técnicas Reunidas Malaysia Sdn. Bhd..

Turut dianugerahkan kontrak kepada Petrofac International (UAE) LLC dan Petrofac E&C Sdn. Bhd. dan Toyo Engineering Corporation serta Toyo Engineering & Construction Sdn. Bhd..

Tambah Petronas, enam lagi kontrak dianugerahkan untuk pembinaan infrastruktur iaitu kepada syarikat konsortium UEM Builders Bhd. - Projek Penyelenggaraan Lebuhraya Bhd., Zelan Construction Sdn. Bhd., WCT Berhad, Syarikat Ismail Ibrahim Sdn. Bhd., Bumi Dagang Sdn. Bhd. dan Gadang Engineering (M) Sdn. Bhd. serta Menta Construction Sdn. Bhd..

Terdahulu, Petronas menganugerahkan kontrak kepada syarikat konsortium Technip-Fluor, Siemens AG, Siemens Malaysia Sdn Bhd and MMC Engineering Services Sdn. Bhd., Konsortium Asia Baru dan PBJV/CPM.

Pada awal April lalu, Petronas meluluskan Keputusan Pelaburan Akhir (FID) bagi pembangunan Kompleks Bersepadu Pengerang (PIC), Johor yang bernilai AS$27 bilion (RM88.6 bilion).

Kelulusan FID oleh Ahli Lembaga Pengarah PETRONAS menandakan pencapaian penting dari segi kemajuan cadangan pembangunan PIC yang merangkumi Projek Pembangunan Bersepadu Petrokimia dan Penapisan (RAPID) serta kemudahan berkaitan.

RAPID dianggarkan menelan kos sekitar AS$16 bilion (RM52.5 bilion) manakala kemudahan berkaitan akan membabitkan pelaburan sekitar AS$11 bilion (RM36.1 bilion).



Artikel Penuh: http://www.utusan.com.my/utusan/Korporat/20140811/ko_02/Petronas-anugerah-11-kontrak-untuk-majukan-PIC#ixzz3CYWeyEOs
© Utusan Melayu (M) Bhd

Posted by char1234 > 2014-09-07 07:15 | Report Abuse

The current price may b fully valued alreadi.

Posted by 4u2c > 2014-09-07 13:03 | Report Abuse

came up from 25 ct to 44 cts (76 pct) n now rest abt 40 cts..cld be resting here or going for 50.Too bad no chartist here

Posted by jo888 > 2014-09-07 14:12 | Report Abuse

When shark want goreng. It regardless over or under value

Posted by 4u2c > 2014-09-07 21:04 | Report Abuse

u hv a point.

Posted by stockcrazy > 2014-09-08 10:37 | Report Abuse

have to rest at RM 0.40 before go further... next test it 0.44, if beyond that point may up to RM 0.68... any time in this year...

Posted by AzmiMerican > 2014-09-08 13:04 | Report Abuse

I ada Zelan, have AZRB too. Both lebih kurang sama, nampak macam AZRB mula to move, no harm to take a look. This from the promoter sana.




AhMoi More and more IBs are covering AZRB now, CIMB's FV for AZRB 1.48, 100% more to go

1.48 is 50%, a more than fair, discount of its RNAV/Share

Anyway, 100%, how is that for margin of safety??


Errrrr.....

Actually it is more than 100%, it is about 280% margin of safety really from the RNAV/share of close to RM 3.00


Just win one more project, which AZRB is very good at, which you know is very likely, and 1.00 in a matter of one morning......
08/09/2014 12:12