Zelan 1st clearance resistance 36cts. at the moment,volume is building up with good supporting price,afternoon section may have some show ?????????????????? Zelan..........zelan...work harder...vroom!!!!!!!!!!!!!!!
The writer from theedegemarket wrote negative comment in his article at the begining of the writing.He overlooked the improved performance and turnaround business growing path of the company.Probably, he could be a young and inexperience journalist because its important to focus more on core business profit rather than oneoff disposed asset gain when writing business comment.ITS THE STANDARD pratice for any business news reporting which he should follow throughout.With the present slightly negative report,it might affect the short time share price performance .Will be ok soon...okkkkkkkkkkk soon!!!!!!!!!!!!!!!!!!!!!!
Zelan came from very deep rock bottom n to me has big potential to go up to multi fold provided if it can keep up along with the 2015 rm48bil development budget the main budget tame for now....in 2006 it went up from 60cent to rm6 within 4 months due to dubble track railway n this time around it could happen again.....e.g securing part of rm23bil mrt2 sungai buloh-putrajaya.....?!
But of course like kerengga posted if in short time it goes up to 60cent it better secured money in the bank vs waiting 16 to 20 months for rm1.00 zelan price....
The article in Edge is very amateurish, they give the figures, with out try to analyze what been transformed in Zelan. If you use 5 minutes to see what has happend to the company, you will see that a huge transforming process I actually happing in the company, well done Zelan Keep on the good work.
Current yearly EPS is 7 cents, currently at PE5, if PE10, then should worth 0.7, the last time they disposed IJM share is 17 Feb 2014, so the last few quarters profit is real profit, no longer gain from disposal of IJM shares. Zelan will fly in 2015.
MMC (Zelan major share holder) qtr result is also very good...potential parallel up swing for Zelan n MMC... let see this within these fewdays... Wednesday, 25 Feb 2015 6:38PM MMCCORP Financial year end net profit 804.302 million (increased 82.65%)
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
azmimerican
611 posts
Posted by azmimerican > 2015-02-23 21:00 | Report Abuse
I think can 50 sen sebab Zelan biz is back to normal and dah stable with profit dari Meena starting
EPS for full year besar kemunkinan 5.5 sen or lebih sebab Meena mula full swing... guna PE lebih kurang 10 kali can get 50 sen la