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

80,200


19 people like this.

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

Posted by derrickinvestor > 2013-07-11 23:42 | Report Abuse

lucky I already run... counter ini sudah mau masuk PN17 category

Posted by stockmarket330 > 2013-07-18 08:19 | Report Abuse

any advise on this stock at present time?haiyaaa

Posted by intelligensia > 2013-07-18 16:32 | Report Abuse

You have not heard the worst yet

back2biz

129 posts

Posted by back2biz > 2013-07-21 23:31 | Report Abuse

the worst is over...price is moving up.Just wait and see...

kawelegen

302 posts

Posted by kawelegen > 2013-08-01 09:30 | Report Abuse

Drop 0.24 what happen maybe chance to buy.

iwan1991

752 posts

Posted by iwan1991 > 2013-08-01 10:47 | Report Abuse

can it rebound??

Frank Soweto

3,425 posts

Posted by Frank Soweto > 2013-08-01 10:52 | Report Abuse

cannot :(

iwan1991

752 posts

Posted by iwan1991 > 2013-08-01 11:20 | Report Abuse

support come.. i pick up this.. just put small share. who know back to 30sen.. :)

Yoko

249 posts

Posted by Yoko > 2013-08-01 12:43 | Report Abuse

Zelan is artifically high at the moment becos EPF support it. Fundamentally very weak. may drop further. If below RM0-20 can pick up some. Trade cautiously

davidkkw79

5,068 posts

Posted by davidkkw79 > 2013-08-05 11:00 | Report Abuse

zelan is going to holland soon

sheep

3,850 posts

Posted by sheep > 2013-08-05 11:02 | Report Abuse

wait till 0.20...sold off all his 'jewels' ijm shares...no more money to pay loans..

Yoko

249 posts

Posted by Yoko > 2013-08-07 00:35 | Report Abuse

Zelan mgt is shit at the moment. Cant handle project mgt. key staff offload. what2expect. Wait till some action taken b4 buying. Pray EPF will take over with new professional mgt otherwise doomed.

Frank Soweto

3,425 posts

Posted by Frank Soweto > 2013-08-07 04:38 | Report Abuse

zelan=Holland and if u wan to go there take General Lee's flight #7164

Posted by derrickinvestor > 2013-08-19 16:15 | Report Abuse

lucky I made few thousands from it last May

Posted by derrickinvestor > 2013-08-20 14:20 | Report Abuse

Zelan = PMind

Posted by anbzUSING2ndACCOUNT > 2013-08-20 15:54 | Report Abuse

what does that mean derrick?

sasopi87

641 posts

Posted by sasopi87 > 2013-08-26 19:18 | Report Abuse

i expected it can shoot up today but no power..................ayoyo

davidkkw79

5,068 posts

Posted by davidkkw79 > 2013-08-27 17:01 | Report Abuse

zelan just drop 0.01 sen only ??! how come this kind of lousy stock wouldn't be affected one ?!

azta12

5,594 posts

Posted by azta12 > 2013-08-28 10:28 | Report Abuse

All time low is 0.22. Technically it is due to rebound,should the market sentiment improve...

felixngu

32 posts

Posted by felixngu > 2013-08-28 12:31 | Report Abuse

time to buy !!!

davidkkw79

5,068 posts

Posted by davidkkw79 > 2013-08-28 15:53 | Report Abuse

time to go holland !!!

sasopi87

641 posts

Posted by sasopi87 > 2013-09-06 20:38 | Report Abuse

still no power, can not shoot up.....................

Posted by fishunter72 > 2013-09-06 23:02 | Report Abuse

shit!!!! i sell 2.25

asriruslan

2,081 posts

Posted by asriruslan > 2013-09-09 14:29 | Report Abuse

important development took place on 6 September 2013 where the price of ZELAN broke the resistance of 0.23. This breakout was accompanied by a higher than average traded volume which shows the enthusiasm of the traders to push the price higher and past this resistance hence giving a higher probability of a successful breakout.

Posted by intelligensia > 2013-09-10 14:21 | Report Abuse

Like many in the construction sector there is no hope of Zelan's price to raise beyond 0.50 the most and that too depends on the boom in the construction industry, maybe in ten years' time..Malaysia simply has no more money for development.

pooket

19 posts

Posted by pooket > 2013-09-22 17:57 | Report Abuse

What are you guys talking about? These guys can't pay their bills and are doing a restructuring. They got fucked in the Middle East, and now they're in trouble.

asriruslan

2,081 posts

Posted by asriruslan > 2013-09-26 09:10 | Report Abuse

time to shoot buy

Bigboy

243 posts

Posted by Bigboy > 2013-09-29 22:55 | Report Abuse

hi investor,

we have good news about zelan...
good time to support tis counter...by 2 week we can c fruits...
big project is coming to zelan after budget ... tis is bumiputra company..
tat reason on 25/09 price shoot to 0.28 with big vol 14,210,900....
Dato' Sri Che Khalib Bin Mohamad Noh is big investor and Director to tis zelan...

Bigboy

243 posts

Posted by Bigboy > 2013-09-29 22:57 | Report Abuse

later we c the price can shoot to 0.33....

Posted by Hanzhong Pang > 2013-09-30 17:56 | Report Abuse

The Board of Directors of Zelan Berhad is pleased to announce that all resolutions as set out in the Notice of the 37th Annual General Meeting ('AGM') dated 9 September 2013, were duly approved by the shareholders present at the AGM held this afternoon.

This announcement is dated 30 September 2013.

sasopi87

641 posts

Posted by sasopi87 > 2013-09-30 19:42 | Report Abuse

GOOD NEWS...........shareholders approve zelan's restructuring to remove accumulated losses and reduce debt,.........long term investment

Alex Chan

3,915 posts

Posted by Alex Chan > 2013-09-30 19:51 | Report Abuse

par reduction is NEVER good news

sasopi87

641 posts

Posted by sasopi87 > 2013-09-30 20:22 | Report Abuse

take at least one year to turn around............

Bigboy

243 posts

Posted by Bigboy > 2013-10-01 06:33 | Report Abuse

hi sasopi87..

i think it only take in 1 or 1 1/2 month time...
i get some inform tat Dato' Sri Che Khalib Bin Mohamad Noh try to work out some thing for tis company under bumiputra listed company with our government ...
later we can c their result...

Bigboy

243 posts

Posted by Bigboy > 2013-10-01 06:35 | Report Abuse

by 1-2 week from their agm date price will up to 0.33...

Bigboy

243 posts

Posted by Bigboy > 2013-10-01 09:06 | Report Abuse

we have good news about zelan.....

KUALA LUMPUR (Oct 1, 2013): Builder Zelan Bhd has received shareholders' support for its restructuring exercise to pare its borrowings of RM416.22 million as at June 30, 2013, said its managing director Datuk Mohd Nor Idrus.

"I think it's a good start. By having this (restructuring exercise), it will reduce our loan and gearing and improve our relationship with the banks. People will put us more on their radars," he told reporters after the group's AGM and EGM yesterday.

The group has been recording losses from the financial years ended March 31, 2009 to 2011, with accumulated losses of RM392.55 million as of FY13.

Mohd Nor said it is unlikely the group will return to the black this financial year ending March 31, 2014 (FY14) as it would need more time to turn around.

"This (restructuring) exercise is good to clean up the group, to start on a firm footing again, and move forward. There are projects that we have in hand, hopefully this will be a catalyst for us to move forward," said Mohd Nor.

The group's orderbook, including concessions, currently stands at about RM4 billion and it is bidding for projects in several areas including power stations and incinerators.

"We're looking into local projects, but we also won't forget overseas projects," he added.

On the potential buyer of its 4.05% stake in IJM Corp Bhd, Mohd Nor said it will "leave it to the bank".

Affin Investment Bank Bhd is Zelan's financial adviser for the sale of its remaining stake in IJM.

The group recorded a net loss of RM77.87 million in FY13 compared with a net profit of RM11.8 million net profit on a lower revenue of RM128.01 million from RM187.07 million.

Shareholders' funds declined 70% to RM142.48 million as of FY13 from RM475.18 million in FY09, while gearing rose to 2.74 times in FY13 from 0.29 times in FY09.

rais

64 posts

Posted by rais > 2013-10-02 15:37 | Report Abuse

bila mau naik ini zelan looo

Yoko

249 posts

Posted by Yoko > 2013-10-03 02:18 | Report Abuse

Let Zelan dropped to below RM0-20 before accumulating. Artificial support at the moment with EPF being made a sucker. Wait after UMNO GE, price will drop.

Posted by christopher6868 > 2013-10-04 12:40 | Report Abuse

Hi yoko...how do you know epf is accumulating.....where I I get tis sort of info.tq.

ssmeng65

58 posts

Posted by ssmeng65 > 2013-10-04 19:31 | Report Abuse

Yoko. Where do u get yr info? I would concur with Bigboy's view.

Yoko

249 posts

Posted by Yoko > 2013-10-07 09:13 | Report Abuse

It was in the news sometime ago. If i am not wrong, a block was sold at RM0-30. After that price started to come down. Turnover of senior experienced management staff at Zelan is frightening. Check it up.
The movement of this share will erratic since they will not be based on fundamental but at the whims and fancies of the major players. B careful and buy at real low and sell when volume buildup. Keep this to our group.

ssmeng65

58 posts

Posted by ssmeng65 > 2013-10-10 10:20 | Report Abuse

Zelan is getting active today but not much momentum. Anybody has further information?

asriruslan

2,081 posts

Posted by asriruslan > 2013-10-11 08:44 | Report Abuse

ZELAN has been trading above its upward sloping 20-Day Moving Average which is a good sign. The support and resistance level of ZELAN are 0.24 and 0.26 respectively. The indicator analysis on RSI is not exhibiting any extreme condition. Watch out for the 30% and 70% levels which indicate any oversold and overbought condition respectively.

asriruslan

2,081 posts

Posted by asriruslan > 2013-10-11 08:45 | Report Abuse

watchout this counter

davidkkw79

5,068 posts

Posted by davidkkw79 > 2013-10-11 08:49 | Report Abuse

soon will become PN17

potenza10

1,220 posts

Posted by potenza10 > 2013-10-11 08:50 | Report Abuse

this type of counter has a high chance to goreng.

richman

10,110 posts

Posted by richman > 2013-10-11 09:39 | Report Abuse

just bought at 25.5cts and with their holding of IJM shares of 56 million which they sold 3.2 million think will test 30 cts soon

richman

10,110 posts

Posted by richman > 2013-10-11 09:45 | Report Abuse

this is a syed mokhtar ctr sure goreng for the elections only not really worth holding

richman

10,110 posts

Posted by richman > 2013-10-11 09:53 | Report Abuse

should be able to at least get a 3-5cts gain from this ctr.the banks are holding on to their ijm shares which if cashed will be a substantial sum.remainder 53million multiply $5.60= wow figure

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