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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

kong73

2,065 posts

Posted by kong73 > 2024-06-04 09:22 | Report Abuse

2 qtrs of profitability for AZRB deserve a higher price rerating!

kong73

2,065 posts

Posted by kong73 > 2024-06-04 09:27 | Report Abuse

The EKVE project was 85.74% complete as of Jan 25. Work on site has resumed, focusing on completing the first section of the highway (Sungai Long-Ampang), which is expected to open in the third quarter of this year.

remus17

113 posts

Posted by remus17 > 2024-06-06 12:27 | Report Abuse

break 24.5, hope pass 26.5 soon............

soon9913

2,816 posts

Posted by soon9913 > 2024-06-12 21:40 | Report Abuse

The highway is surely hot one... Many ppl from SG long and mahkota cheras will be using to avoid internal jam

soon9913

2,816 posts

Posted by soon9913 > 2024-06-13 22:28 | Report Abuse

Most important is holding Ekve cost rm2billion that will be opening soon in few months time..

soon9913

2,816 posts

Posted by soon9913 > 2024-06-13 22:28 | Report Abuse

Don't be surprise the share price limit up few times once partial highway is open

soon9913

2,816 posts

Posted by soon9913 > 2024-06-13 22:29 | Report Abuse

Partially opening from SG long and Mahkota cheras to Ampang is strong demand.. Those staying at that area know what I meant

scjm

2,591 posts

Posted by scjm > 2024-06-14 09:31 | Report Abuse

no 40 sen no sell

remus17

113 posts

Posted by remus17 > 2024-06-14 09:31 | Report Abuse

hurray...........29.5

scjm

2,591 posts

Posted by scjm > 2024-06-14 15:47 | Report Abuse

yes very undervalue... just look at its gigantic pile of cash in contrast to its paid up capital would set it off easily to 50 sen...now with the bullish construction sector

mistaFAD

56 posts

Posted by mistaFAD > 2024-06-14 18:49 | Report Abuse

Hope GU next week…looking for 35 cent okay👌 ka?

soon9913

2,816 posts

Posted by soon9913 > 2024-06-15 10:54 | Report Abuse

Anyone has latest update for ekve?

Posted by HengyuanZai > 2024-06-15 23:03 | Report Abuse

YouTube last updated was 8 months ago .. however I saw one video 10 days ago langat 2 landfill video , can see the EKVE highway at mahkota cheras haven't have any paint job yet . Maybe the last thing they will do is painting and removal of weed grasses. Ampang - mahkota should be open first..

soon9913

2,816 posts

Posted by soon9913 > 2024-06-16 12:34 | Report Abuse

Look at the video.... It seem completed and opening soon... Only left minor work and touch up

soon9913

2,816 posts

Posted by soon9913 > 2024-06-16 14:14 | Report Abuse

The road line painting and weed grass cleaning can gaodim very fast

didi7349

514 posts

Posted by didi7349 > 2024-06-16 16:17 | Report Abuse

Tp RM 1 like wcehb?

soon9913

2,816 posts

Posted by soon9913 > 2024-06-16 16:48 | Report Abuse

Price hit 0.4- 0.5 is possible once partial opening of EKVE

soon9913

2,816 posts

Posted by soon9913 > 2024-06-16 16:51 | Report Abuse

U stay in SG long / Cheras Mahkota area then u will know how important this Ekve highway to the residents there

Posted by HengyuanZai > 2024-06-16 18:41 | Report Abuse

Yes I live in cheras and traffic jam is crazy than ever before. Especially during weekends, weekdays better a bit becuz got SUKE,but still jam

Posted by HengyuanZai > 2024-06-16 18:43 | Report Abuse

Soon also live cheras ? Mahkota interchange the road to interchange still bad. Yesterday I went and see alrdy

soon9913

2,816 posts

Posted by soon9913 > 2024-06-17 00:36 | Report Abuse

Mahkota interchange road can go in? Tot there is road block not allowed going further

Posted by HengyuanZai > 2024-06-17 00:39 | Report Abuse

No it's blocked but the road to there a lot bumps and potholes need to be fixed later

soon9913

2,816 posts

Posted by soon9913 > 2024-06-17 00:53 | Report Abuse

If short distant of interchange road, it should be able to fix later and fast as currently still got lorry using that road I guess

loong80

2 posts

Posted by loong80 > 2024-06-17 05:58 | Report Abuse

Is AZRB getting another highway concessionaire ? KL Node highway?

Posted by HengyuanZai > 2024-06-17 08:21 | Report Abuse

Soon99 u should go see if u live in cheras
Loong: no way they get another concession. Sglong- mahkota also haven't complete , ukay perdana too

loong80

2 posts

Posted by loong80 > 2024-06-17 13:19 | Report Abuse

KL Node highway is already approved by the government. And AZRB is the proposer.

Posted by HengyuanZai > 2024-06-17 14:25 | Report Abuse

Hardly to get based on their current financial situation

soon9913

2,816 posts

Posted by soon9913 > 2024-06-17 15:22 | Report Abuse

As for new highway projects, anything is possible as they get long term borrowing to build the highway.. And borrowing usually also guaranteed by the government.

soon9913

2,816 posts

Posted by soon9913 > 2024-06-17 15:26 | Report Abuse

Now is still Jun, AZRB target partial opening Mahkota Cheras to Ampang by Sep 24. Wait and see if they can meet their target time line or postpone lo

soon9913

2,816 posts

Posted by soon9913 > 2024-06-17 15:28 | Report Abuse

But anyhow the highway is near to the completion.

What investors here concern is the car footflow of the highway only? Personal I would think that highway wouldbe popular due to huge population and very bad jam area.. And connect to silk highway can be access with more users from Kajang/ Semenyih residents also

soon9913

2,816 posts

Posted by soon9913 > 2024-06-17 15:34 | Report Abuse

Biggest risk already over.. Concern about highway not able to complete due to short of fund.. But this highway is nearby completion.

Accessibility of the highway whether will have many users?
If u are familiar with that area the answer would be yes.

With 30cents and market capital less than rm200m own already invested rm2b highway, Turn profitable construction and oil and gas Biz... Don't you think the price is damn cheap?

Posted by HengyuanZai > 2024-06-17 23:47 | Report Abuse

Comparable to Litrak if everything goes well. Ldp ,400k cars , ekve 140k cars ( previous estimate) . I think once fully operate will have 200k daily cars. Have to settle UKay perdana section. And also direct link to Karak highway due to deforestation environmental issue.long way to go for azrb..

scjm

2,591 posts

Posted by scjm > 2024-06-18 09:26 | Report Abuse

if closed above 30.5 it would have a fast run up towards 40

scjm

2,591 posts

Posted by scjm > 2024-06-19 10:19 | Report Abuse

tambah lagi at 29 after that last add on at 25.5

remus17

113 posts

Posted by remus17 > 2024-06-19 11:49 | Report Abuse

yes, good to add at 29, it will up higher

mistaFAD

56 posts

Posted by mistaFAD > 2024-06-19 15:55 | Report Abuse

Add on 0.29 let see how

Richdady

90 posts

Posted by Richdady > 2024-06-19 22:30 | Report Abuse

Hopefully tomorrow rebound back

ybss99

78 posts

Posted by ybss99 > 2024-06-20 10:46 | Report Abuse

Up is dim, could be sideways. But I will hold until my tp

scjm

2,591 posts

Posted by scjm > 2024-06-21 09:47 | Report Abuse

handbrake likely releasing for price to go up to 29-31

scjm

2,591 posts

Posted by scjm > 2024-06-21 09:56 | Report Abuse

index found support at 1590 (50MA) and to rebound to 1600

scjm

2,591 posts

Posted by scjm > 2024-06-21 10:02 | Report Abuse

rally to continue upon breaching 1602

scjm

2,591 posts

Posted by scjm > 2024-06-21 14:59 | Report Abuse

2 minggu nanti, uang besar bisa

necessity

109 posts

Posted by necessity > 2024-06-22 12:43 | Report Abuse

True the highway is the highlight..
but some of us dont know that AZRB secured few other projects on construction, including the maintenance.
oil and gas(TBSB)projected to breakeven by this year and continue making profit.
in fact, TBSB will soon will under the spotlight since currently they hosting and cater major drilling for hibiscus, HESS production, with Keyfield and Sapura the latest operating from TBSB. Petronas also has confirmed and 2025 planning draft is on the making..
by the time the highway full operating, other sectors have covers all the current /past fiscal deficit. All seem going well on their favors..
hopefully AZRB dont F@^k up this..

Posted by HengyuanZai > 2024-06-23 18:00 | Report Abuse

Well the plantation business in Indonesia is definitely a blow to them. Cpo at high price also can't earn money, meaning the plantation has failed. Getting rid of it is good choice..

necessity

109 posts

Posted by necessity > 2024-06-24 08:33 | Report Abuse

@HengyuanZai
that plantation almost sink them last time..
till the day of palm oil price return, it will drag AZRB go down with it..

scjm

2,591 posts

Posted by scjm > 2024-06-24 09:25 | Report Abuse

just wait for breakout 29 to retest 32...short term trend is UP...no problem one

necessity

109 posts

Posted by necessity > 2024-06-24 10:33 | Report Abuse

@scjm
'just wait for breakout 29 to retest 32...short term trend is UP...no problem one'

we on the same page on this one..

scjm

2,591 posts

Posted by scjm > 2024-06-24 11:47 | Report Abuse

yup after sold plantation cash 430m more than double paid up 190m...put money take money pasti

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