Posted by Nevets > 2014-01-12 19:23 | Report Abuse

bowman... just my 2 cents comment
my investment experience includes waiting...
If you want to earn but not waiting, it's not consider investing, it's gambling or you have better insight

reports are majorly the information for me by quarter results and profit.

I've waited for EAH 1 year, and doubled up ... :)

Posted by sonnahar > 2014-01-14 10:17 | Report Abuse

Like

Posted by Investeye > 2014-01-15 23:45 | Report Abuse

Alamak, it is a good news or bad news? Hopefully it is a good start for Ahmad.

Posted by Nevets > 2014-01-16 05:58 | Report Abuse

Guys, AZRB is reducing it's par value and giving free warrant...
any comments ?

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1517025

On behalf of the Board of Directors of AZRB (“Board”), AmInvestment Bank Berhad (“AmInvestment Bank”) wishes to announce that the Company proposes to undertake the following:-

(i) proposed reduction of the issued and paid-up share capital of AZRB via the cancellation of RM0.25 of the par value of each existing ordinary share of RM0.50 each in AZRB (“Proposed Par Value Reduction”);

(ii) proposed renounceable rights issue of up to 207,706,641 new ordinary shares of RM0.25 each in the Company (“AZRB Shares”) (“Rights Shares”) together with up to 103,853,320 free detachable warrants (“Warrants”) at an issue price of RM0.50 per Rights Share on the basis of six (6) Rights Shares together with three (3) free Warrants for every eight (8) existing AZRB Shares held after the Proposed Par Value Reduction (“Proposed Rights Issue With Warrants”);

(iii) proposed establishment of an employees’ share scheme of up to fifteen percent (15%) of the issued and paid-up share capital of the Company (excluding treasury shares) for the eligible employees and Directors of AZRB and its subsidiaries (“AZRB Group” or “Group”) which are not dormant at any point in time (“Proposed ESS”); and

(iv) proposed amendments to the Company’s Memorandum and Articles of Association to facilitate the Proposed Par Value Reduction (“Proposed Amendments to M&A”).

(Collectively referred to as the “Proposals”).

Further details of the Proposals are set out in the attachment.

This announcement is dated 15 January 2014.

Posted by Nevets > 2014-01-16 07:42 | Report Abuse

I don't know is this a good announcement or bad announcement ... what say you?

Posted by Investeye > 2014-01-16 07:52 | Report Abuse

8 lots entitle for 6 rights and 3 fee warrants. Warrant converts rate is rm0.70. May need to pay rm0.50 for each right ..(need more clarification)

Posted by zeolit > 2014-01-16 09:31 | Report Abuse

ayak sudah jatuh manyak..new target price to buy?

Posted by Nevets > 2014-01-16 09:33 | Report Abuse

this is awkward.. I still think it has good potential, but... with par value reduction and warrant and stuff which is still under proposal... hmm ...

Posted by Nevets > 2014-01-16 09:35 | Report Abuse

I think it's a bad timing for calling for par value reduction as the current market is on downtrend mode.

Posted by zeolit > 2014-01-16 09:39 | Report Abuse

so shud wait n see first?

Posted by bowman > 2014-01-16 10:04 | Report Abuse

haha.. lucky!

Posted by ahmad123 > 2014-01-16 10:16 | Report Abuse

time to shop

Posted by zeolit > 2014-01-16 10:23 | Report Abuse

ya ka? trap?.. wait after CNY?

Posted by Investeye > 2014-01-16 11:03 | Report Abuse

There is a positive rating from RHB.
http://klse.i3investor.com/servlets/ptres/20659.jsp
In fact, the loss incurred in 2011. Recovered since 2013

Posted by Investeye > 2014-01-16 11:05 | Report Abuse

RHB TP is RM1.33!

Posted by Investeye > 2014-01-16 11:10 | Report Abuse

RHB: We maintain our BUY call, forecasts and MYR1.33 FV following Ahmad
Zaki’s proposed 6-for-8 rights issue with three free warrants. The
MYR103.9m rights proceeds will be used largely to fund two greenfield
concessions, ie a teaching hospital and a highway. Apart from being a
small-cap proxy to public infrastructure spending, we like the company
for its concessions and oil palm plantations in Indonesia.

Posted by lloydlim > 2014-01-16 11:11 | Report Abuse

How come RHB increase their TP for AZRB to 1.33?

Posted by lching > 2014-01-16 11:14 | Report Abuse

alamak ,laosai kuat kuat!

Posted by ryan7642 > 2014-01-16 11:45 | Report Abuse

wow the price so cheap now maybe can buy some hehehe^^

Posted by Nevets > 2014-01-16 12:00 | Report Abuse

I have accumulated some at 0.835.
The whole market is going down, which includes the upcoming Holiday and CNY, I will still buy and hold until their next upcoming quarter report review on end of Feb 2014.

Posted by ryan7642 > 2014-01-16 12:08 | Report Abuse

good move nevets AZRB is a good based share:)

Posted by Nevets > 2014-01-16 12:36 | Report Abuse

you bought ? @ryan7642 ?

Posted by lloydlim > 2014-01-16 12:40 | Report Abuse

I also buy some at 0.84

Posted by Tang Michael > 2014-01-16 12:41 | Report Abuse

Ahmad is going downhill to catch zaki at 60 sen .....wait for it.........

Posted by ryan7642 > 2014-01-16 12:43 | Report Abuse

Tang : i dont think so..lets wait n see:) either u buy now or u miss the boat..

Posted by ryan7642 > 2014-01-16 12:44 | Report Abuse

Nevet : yea i bought it^^

Posted by ryan7642 > 2014-01-16 12:55 | Report Abuse

i predict the price will end perhaps 0.9 or above since RHB give so positive TP at the same time:)

Posted by Investeye > 2014-01-16 13:56 | Report Abuse

The market sentiment is very important, AZRB should not announce "Par Value Reduction" when the market already weak although the loss was incurred in 2000 due to Saudi Arab Project. Unless there is a positive news such as Langat 2 Project.. then the price will back to RM0.90

Posted by Orson Chin > 2014-01-16 14:42 | Report Abuse

so。。。what is the best price to entry this counter??

Posted by The One > 2014-01-16 14:45 | Report Abuse

0.830 support just got sapu'ed.. :(

Posted by ryan7642 > 2014-01-16 14:49 | Report Abuse

better sapu now market rebound from -11+ points to - 7+..Happy investing:)

Posted by tigerroar > 2014-01-16 14:58 | Report Abuse

Capital deduction seems not do good news for investor

Posted by Risk Trader > 2014-01-16 23:07 | Report Abuse

Below 0.70 cent is good price to enter

Posted by AiryA > 2014-01-17 09:14 | Report Abuse

in oversold territory, may rebound next week

Posted by Investeye > 2014-01-17 12:22 | Report Abuse

I think market is over react on AZRB, but it need to deliver the result as well. i expected the price will between rm0.81~rm0.86 for sometime while waits for positive news from AZRB.Hope fully coming report is positive.

Posted by Muhammad Jamaluddin > 2014-01-17 19:06 | Report Abuse

I am Q @RM0.82 & @RM0.815

Posted by lloydlim > 2014-01-18 12:25 | Report Abuse

http://www.thestar.com.my/Business/Investing/2014/01/16/RHB-Research-maintains-Buy-on-Ahmad-Zaki/

Posted by AiryA > 2014-01-18 18:20 | Report Abuse

http://www.thestar.com.my/Business/Investing/2014/01/16/Alliance-Research-maintains-Buy-on-AZRB/

Posted by Investeye > 2014-01-18 18:57 | Report Abuse

Base Alliance, present TP is rm1.40, ex-right is rm0.89
Let see how it performs by coming week.

Posted by lotusf1 > 2014-01-19 08:47 | Report Abuse

Rhb n allian.upbeats 4 ts stck n with its crprte exercise n rights issu...should we buy tis stck...bcoz despite rights issue annnounc.its pri.drppd .Almst 10cts...lst thrdsy...

Posted by Investeye > 2014-01-19 12:33 | Report Abuse

I am still holding this counter, unless the share price really cheap else if i buy in more then i need to consider every rights offered i need Rm500 per purchased them. It is not free.

Posted by AiryA > 2014-01-19 12:57 | Report Abuse

@investeye - why rm500? 8 shares held will get 6 right shares. if buy 1000 shares, will get 750 right shares (1000/8*6). & will need to pay rm375 only if subscibe the 750 right shares.

i had subscribed many right shares & so far all gave me profits :)

Posted by Investeye > 2014-01-19 22:24 | Report Abuse

I meant if I purchase more lots now, then every right share(1000unit) I need to pay rm500. At present at least I need to pay for 20 right shares+.

Posted by kglin > 2014-01-19 22:29 | Report Abuse

Correct, if similar likes OldTown for free, then it is good as no further money out from pocket. anyway, you can sell the right if I am not wrong.

Posted by Muhammad Jamaluddin > 2014-01-19 23:59 | Report Abuse

Aliance & RHB has made their research.. So this coming monday all eye will focus on this counter..

Posted by kglin > 2014-01-29 09:12 | Report Abuse

The risk of price down is minimum, time to consider AZRB again.

Posted by Investeye > 2014-01-29 09:44 | Report Abuse

Recently price below rm0.81, just accumulate few more lots.

Posted by The One > 2014-02-04 14:26 | Report Abuse

Due to the current negative market sentiments, it may likely to drop further. My opinion.. wait n see the trend carefully.

Posted by bigturtle2010 > 2014-02-04 23:37 | Report Abuse

can this counter still stay strong? bought it at high price n i'm getting angry holding it ady!

Posted by alveygwee > 2014-02-05 13:10 | Report Abuse

there are many projects still beginning if i not mistaken,will come 1 day.