AHMAD ZAKI RESOURCES BHD

KLSE (MYR): AZRB (7078)

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Last Price

0.22

Today's Change

0.00 (0.00%)

Day's Change

0.22 - 0.22

Trading Volume

734,200


12 people like this.

8,223 comment(s). Last comment by klse182 1 week ago

Posted by Isketambola > 2020-12-16 10:48 | Report Abuse

Gogo azrb...jgn potong stim

Beltland

613 posts

Posted by Beltland > 2020-12-16 13:45 | Report Abuse

Go,go...

Timercheng

733 posts

Posted by Timercheng > 2020-12-16 15:01 | Report Abuse

Blue eye boy of Government. So big projects is on hand. No need to tender

tahong

536 posts

Posted by tahong > 2020-12-16 15:03 | Report Abuse

The only Bumi construction company with Class A licence

tahong

536 posts

Posted by tahong > 2020-12-16 15:05 | Report Abuse

Look like coming

RockerArm

546 posts

Posted by RockerArm > 2020-12-16 15:12 | Report Abuse

Has been in cocoon for far too long, look like breakout bro!

Sansing

1,028 posts

Posted by Sansing > 2020-12-16 15:33 | Report Abuse

Got secure big projects kut!

Beltland

613 posts

Posted by Beltland > 2020-12-16 15:44 | Report Abuse

Awarded East Coast Railway Line project ?

tamp0i

912 posts

Posted by tamp0i > 2020-12-16 17:05 | Report Abuse

Holding since 0.22 and will look to sell only when it reach my TP of 0.44

Sansing

1,028 posts

Posted by Sansing > 2020-12-17 09:03 | Report Abuse

All in

Timercheng

733 posts

Posted by Timercheng > 2020-12-17 09:50 | Report Abuse

Undervalue, strong buy

Timercheng

733 posts

Posted by Timercheng > 2020-12-17 09:57 | Report Abuse

In yr 2008 , it touches intra day high of Rm 1.40. . So now it just peanut price. Newbies are fortunate to buy at huge discount

Timercheng

733 posts

Posted by Timercheng > 2020-12-17 10:06 | Report Abuse

Just buy n wait . Sooner or later it will turns into gold

Timercheng

733 posts

Posted by Timercheng > 2020-12-17 10:08 | Report Abuse

Just remember blue eyes boy of government

clp72

817 posts

Posted by clp72 > 2020-12-17 10:08 | Report Abuse

this is a PAS linked counter

Timercheng

733 posts

Posted by Timercheng > 2020-12-17 10:37 | Report Abuse

Coming quarterly report, I think sure good profit result

tamp0i

912 posts

Posted by tamp0i > 2020-12-17 10:49 | Report Abuse

Buy when Directors also buy... Directors won't bring you to Holland

tahong

536 posts

Posted by tahong > 2020-12-17 11:05 | Report Abuse

I not only like but also love this stock cos not only very2 cheap n it also well diversified into Construction , Properties, Engineering, Oil n Gas & finally Plantation. Just close yours eyes to buy, u won"t be wrong

tahong

536 posts

Posted by tahong > 2020-12-17 11:09 | Report Abuse

Look like coming . I think big projects r going to a announce soon. Insiders r buying .

tahong

536 posts

Posted by tahong > 2020-12-17 11:12 | Report Abuse

Instead of putting your money in bank , better buy this one.. Not only u get dividend but also capital gain . One stone kill 2 birds

RockerArm

546 posts

Posted by RockerArm > 2020-12-17 11:39 | Report Abuse

Lai liow !, Lai Liow! , let jump in

dex

493 posts

Posted by dex > 2020-12-17 12:47 | Report Abuse

Aiyooo all kena trappp already. Mati who bought 30 cts.

dex

493 posts

Posted by dex > 2020-12-17 12:48 | Report Abuse

With poor fundamental. This counter will drive u to holland.

JK22

1,789 posts

Posted by JK22 > 2020-12-17 14:07 | Report Abuse

0.24 also trap . Now. 0.30 also trap ka. If buy 0.24 ,how it is a trap . Every counter also trap la for you .

Timercheng

733 posts

Posted by Timercheng > 2020-12-18 10:45 | Report Abuse

No punting , punting will burns your bedside

Timercheng

733 posts

Posted by Timercheng > 2020-12-18 10:46 | Report Abuse

Good only for strong holders

JK22

1,789 posts

Posted by JK22 > 2020-12-18 13:46 | Report Abuse

klci drop over 20 points now and this is steady

Posted by tylee9300 > 2020-12-18 14:15 | Report Abuse

Still steady

JK22

1,789 posts

Posted by JK22 > 2020-12-18 17:02 | Report Abuse

All the talk about ECRL . And AZRB have not win anything from ECRL yet up to date . Who think AZRB will get a pcs of ECRL project and who think AZRB will never get anything thru out this ECRL construction?

+++++++++++++
KUALA TERENGGANU (Sept 2): The Terengganu government hopes that the main contractor for the East Coast Rail Link (ECRL) project, China Communications Construction Ltd (CCC), will reconsider the terms of contract award to local companies.

Menteri Besar Datuk Seri Dr Ahmad Samsuri Mokhtar said this was to ensure that the local companies could compete and participate in the ECRL project in the state.

He said that although 40% of the allocation of RM7 billion worth of total contracts in Terengganu was provided for local companies, he was concerned that no company would be eligible for the ECRL project contracts due to overly strict conditions.

++++++++

https://www.klsescreener.com/v2/news/view/722951/t-ganu-state-govt-urges-ccc-to-reconsider-ecrl-contract-conditions

meisarel

653 posts

Posted by meisarel > 2020-12-21 11:36 | Report Abuse

Breakout...

lksiam

352 posts

Posted by lksiam > 2020-12-21 15:01 | Report Abuse

14 May 2018: Historical day of crash down...

2021: Going back all the way up!

Sansing

1,028 posts

Posted by Sansing > 2020-12-21 16:34 | Report Abuse

Look like Slowly distributing at tis level

dex

493 posts

Posted by dex > 2020-12-21 22:21 | Report Abuse

This is the highest level AZRB can reach. Better sell. Downtrend is coming.

JK22

1,789 posts

Posted by JK22 > 2020-12-21 23:41 | Report Abuse

Why ? Forget to collect when 0.20 ? 0.24 also not good , 0.28 also not good , 0.30 also no good.

Posted by Moondarker > 2020-12-22 08:34 | Report Abuse

window dressing maa..company undervalue

Sansing

1,028 posts

Posted by Sansing > 2020-12-22 10:42 | Report Abuse

I think game over

RockerArm

546 posts

Posted by RockerArm > 2020-12-22 11:06 | Report Abuse

Yes slowly coming down if I am not wrong.

RockerArm

546 posts

Posted by RockerArm > 2020-12-22 11:10 | Report Abuse

Fundamental is lousy though got a lot of government projects but loose money

JK22

1,789 posts

Posted by JK22 > 2020-12-22 11:13 | Report Abuse

Please sell and bring it down to 0.20 again.

lksiam

352 posts

Posted by lksiam > 2020-12-22 11:56 | Report Abuse

Agreed. Please sell and bring it down to 0.20 again (if you can). lol

dex

493 posts

Posted by dex > 2020-12-22 12:03 | Report Abuse

Yaya sell call. Sell call. Moronic JK22 wants to buy.

dex

493 posts

Posted by dex > 2020-12-22 12:03 | Report Abuse

Gonna drop even more by next week. Huhu

JK22

1,789 posts

Posted by JK22 > 2020-12-22 12:54 | Report Abuse

Yes, i want to buy back . Sold some @0.305 yesterday . Too early sold and missed the peak 0.325 , Now waiting to collect back . If 0.28 no attractive to re-enter. If 0.20 best best

cktay

305 posts

Posted by cktay > 2020-12-22 21:14 | Report Abuse

Any idea why the signing ceremony of the consortium formation agreement between Ahmad Zaki Sdn Bhd and GPQ Sdn Bhd, MMC Engineering Sdn Bhd, and P-Excell Management Sdn Bhd for the ECRL project witnessed by the Trengganu menteri besar was not reported to Bursa (Sep)?
Isn't this significant material info?
On the Pahang side, today's paper, it is reported "Taraf Raya to be PMC for Pahang portion of ECRL"

cktay

305 posts

Posted by cktay > 2020-12-22 21:20 | Report Abuse

During the recent AGM I asked the MD about AZRB winning contracts and he replied they hope to win at least one or two. Any chance AZRB also involved in the High speed rail to S'pore which decision dateline is end of this month?

cktay

305 posts

Posted by cktay > 2020-12-22 21:28 | Report Abuse

AZRB next!

lksiam

352 posts

Posted by lksiam > 2020-12-23 08:14 | Report Abuse

Every state involved definitely wanted to appoint the company which can share the most profit with the state gov and politicians. It's typical. It means any ECRL local contractors job portion within the state must go through them. Initial RM100 million projects may eventually reach the subcontractors at RM50million only...

Eventually, RM100 million expected outcome becomes <RM50million materials and quality.

Post2U

107 posts

Posted by Post2U > 2020-12-23 09:45 | Report Abuse

AZRB going to north. Hope green today

cktay

305 posts

Posted by cktay > 2020-12-23 10:03 | Report Abuse

True, but there is a slight difference between AZRB and companies like OCR (formerly Takaso) which is presently a property developer). AZRB expertise is in Infra-structural /civil engineering and is one of the very few Bumiputra Class A companies. At present I think the Govt wants CCC (China) to award 40% of jobs to local contractors but there are so few Bumi companies qualified enough to do the work. So no matter whether in Pahang, or Trengganu or wherever, ECRL, MRT extension, HSR, etc AZRB will probably be able to bid for jobs!
On another note, the EKVE is scheduled to be completed sometime in Q3 2021. The concession for EKVE is for 50 years. Right now vehicles along the NS highway will have to pass through the congested roads eg middle ring roads of KL. But once EKVE (outer ring) is completed, vehicles will be able to bypass KL completely.
Lastly I want to point out that last quarter"s losses, a huge chunk was due to forex losses (RM29m) for its plantations in Indonesia. So it is only paper loss!. As you know the USD has now weakened a lot, so you can expect forex gain the next quarter.

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