Posted by Investeye > 2014-02-11 08:45 | Report Abuse

This is black horse expected by me. Not many people aware that AZRB had ventured to construction, plantation and O&G which expected has a good perspect in this year. I hope the plantation will has much better performance by coming Q report. This will definately motivate the AZRB share price.

Posted by alveygwee > 2014-02-13 15:01 | Report Abuse

ya....i waiting .... i stuck in AZrb for long time d..hahaha

Posted by The One > 2014-02-17 16:28 | Report Abuse

Market sentiment looks good.. hopefully this stock starts the engine.. like the others.. :)

Posted by Investeye > 2014-02-19 15:46 | Report Abuse

After monitor AZRB for a month, start to picked up few lots at RM0.82; while few lots are still Q at RM0.815 ! If all done, then will >10% of my porfolia. I still strongely believe this counter will perform within this year!

Posted by lching > 2014-02-19 15:58 | Report Abuse

rights issue no date yet?

Posted by alveygwee > 2014-02-19 16:22 | Report Abuse

go ahmad...start ur engine~~

Posted by bowman > 2014-02-20 07:05 | Report Abuse

after rights issue, dilution, it will be but a looooong wait. buy with eyes open, friends. if you can wait, and wait, and wait, good things will - may - come

Posted by Investeye > 2014-02-20 14:35 | Report Abuse

It is my bet as all the construction/O&G and plantation were flying high but AZRB are involved these business as well. This is same siatuation when Tambun was at RM1.38 6 mth ago and Redtone at RM0.60 1 mth ago; which provide significant gain for me.

Posted by The One > 2014-02-24 13:00 | Report Abuse

☞ higher than avg volume today.. engine started? see if can break 0.84..

Posted by Investeye > 2014-02-24 13:38 | Report Abuse

Hope better Q result then this stock will move on to higher level

Posted by Investeye > 2014-02-24 16:41 | Report Abuse

Ahmad shows your power!

Posted by Nevets > 2014-02-25 07:18 | Report Abuse

anyone going for their EGM ?

Posted by Cheng Yeow Ng > 2014-02-26 16:44 | Report Abuse

Langat 2 water project approved! S'gor govt issues development order allowing federal govt to build Langat 2 plant.
http://www.fz.com/content/langat-2#ixzz2uPpNE346

Posted by looichan > 2014-02-27 07:13 | Report Abuse

quarterly rpt be out on 28/2/14

Posted by Investeye > 2014-02-27 08:33 | Report Abuse

AZRB is one of the beneficial for Langat 2 (1 out of 3 potential candidate), hope all the best for Ahmad!

Posted by Investeye > 2014-03-02 16:19 | Report Abuse

Dun from Kelanajaya had mentioned the briefing from Khalid (in Sin Chew newspaper) 2 candidates were participated in Langat 2 (about 4.5B), there are MMC and AZRB. From what recent move from AZRB such as reduce share par value to off set the debt from it book;and issue out warrant to get more fund? Is AZRB paths it way for Langat 2?

Posted by bad000 > 2014-03-07 10:18 | Report Abuse

stock no change one, even gud news. haiyaaaa

Posted by Investeye > 2014-03-07 14:27 | Report Abuse

This counter needs some patient and only expect to harvest 1 or 2 times every year. Target 12% ~ 25% gain. This counter is ranking no 5 in my porfolio this year.

Posted by bad000 > 2014-03-07 14:48 | Report Abuse

how many times u harvested b4 investeye?

Posted by zeolit > 2014-03-07 17:30 | Report Abuse

Boleh naik ker ini counter?

Posted by Investeye > 2014-03-11 14:49 | Report Abuse

Hi bad00; if i am not wrong; 2012: 1x; 2013:2x; 2014: 0X ( price average of RM0.88; still negative at this moment)

Posted by zeolit > 2014-03-12 11:33 | Report Abuse

Got new news on next week

Posted by morivae > 2014-03-12 13:14 | Report Abuse

I bought into this counter last year at RM1.00, and I cut lost few month ago at 0.92. Last year the Sg.Buloh project do move it above RM1.00 but for a short period only then it never look up again. Don't waste your time on this counter, there's alot other counter out there...While everyone is moving up and this one is going down even with/without news.....

Posted by Investeye > 2014-03-18 09:25 | Report Abuse

For me, bad time is over for AZRB. The reduced capital is mainly the lost carried from 2012 which put the price down to RM0.67~0.68 (if i am not wrong; as i bought quite some lots that time). This counter is not for speculation, this is what i want to tell. With the recover of plantation ( one of the main burden for AZRB) and high booking order of construction and a foot in supporting service of O&G (in fact, it sold of one of O&G service company 2 yaers ago).. i still have a faith that AZRB will perform!

Posted by Annie Chan > 2014-03-18 11:49 | Report Abuse

[color=Blue][b]AZRB/Salcon (+ve Indication Successful Bidding [/b][/color]
AZRB is expecting rm700 million to rm750 million in revenue in 2014 driven by its construction division.

Construction projects including MRT, IIUM, PNB hotel and office towel project in KL will contribute to its projected higher revenue.

Currently (March 2014), about 90% of its revenue comes from its construction division, while its oil and gas business contributes 8% to 9%. The rest of its revenue comes from property development and plantation divisions.

The group is also eyeing two projects one of which is the Langat 2 water treatment plant project in Selangor. It is in the consortium … Salcon/MMC Corp/AZRB bidding for the Langat 2.

AZRB has positive indication (17 March 2014) that they have been successful in the bidding but there has been no letter of award from the government.

Other projects AZRB hopes to clinch in 2014 involve the MRT2, the TRX in KL and PNB’s RAPID in Johor.

The job for the construction of the rm1.55 billion EKVE connecting the SILK Highway in Kajang to the Karak Expressway in Gombak is expected to start by third quarter of 2014.

In Feb 2014, AZRB entered into a concession agreement with the government for the design, construction, completion, operation, management and maintenance of the EKVE for a period of 50 years.

On its plantations division, AZRB is looking to expand its total planted area to 10000ha in Indonesia over the next few years from March 2014. It is also planning to build a 90 tone mill in the plantation area.

Fiver years from March 2014, its plantations will be a significant contributor to the group’s revenue.

On capex for 2014, the group has allocated the rm150 million for the construction of EKVE and another rm90 million for the construction of the mill.

Posted by Investeye > 2014-03-18 13:37 | Report Abuse

Good information of AZRB which reported by Nanyang Newspaper :
http://www.nanyang.com/node/607242?tid=462

Posted by zeolit > 2014-03-18 15:29 | Report Abuse

Next week will fly2

Posted by kingsu > 2014-03-19 00:59 | Report Abuse

tomorrow ...eyes will monitor this counter....

Posted by morivae > 2014-03-19 13:05 | Report Abuse

No eye see this counter....it got swollen looking at it...@.@

Posted by Paklong > 2014-03-20 17:21 | Report Abuse

good news coming

Posted by lwyy60 > 2014-03-22 07:33 | Report Abuse

smile with every-time big swing XD

Posted by Investeye > 2014-03-24 09:06 | Report Abuse

Finally there is a positive sign to move up!

Posted by zeolit > 2014-03-24 09:30 | Report Abuse

Finally will reach tp

Posted by lwyy60 > 2014-03-24 10:55 | Report Abuse

Need vol.....

Posted by Paklong > 2014-03-25 09:35 | Report Abuse

grab before too late

Posted by alveygwee > 2014-03-25 14:25 | Report Abuse

buy when there is no volume~

Posted by zeolit > 2014-03-26 21:06 | Report Abuse

Its coming..will reach t.p soon

Posted by zeolit > 2014-03-27 08:49 | Report Abuse

Whats happen

Posted by idadelaila > 2014-03-27 09:15 | Report Abuse

0.67... !!!!

Posted by lwyy60 > 2014-03-27 09:25 | Report Abuse

Today ex date...

Posted by alveygwee > 2014-03-27 09:27 | Report Abuse

lol wat happen to azrb? sudden drop 0.2++?? zzz

Posted by lwyy60 > 2014-03-27 09:34 | Report Abuse

Either need to subcribe back the right shares and given free warrant at 31 march

Posted by lwyy60 > 2014-03-27 09:39 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1569753

Posted by zeolit > 2014-03-27 09:44 | Report Abuse

RENOUNCEABLE RIGHTS ISSUE OF 206,598,066 NEW ORDINARY SHARES OF RM0.50 EACH (WHICH WILL BE REDUCED TO RM0.25 EACH AFTER THE PROPOSED PAR VALUE REDUCTION) IN AHMAD ZAKI RESOURCES BERHAD (“AZRB SHARES”) (“RIGHTS SHARES”) TOGETHER WITH 103,299,033 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 AT 5.00 P.M. ON 31 MARCH 2014.

Kindly be advised of the following :

1) The above Company's securities will be traded and quoted [ "Ex - Rights Issue" ]
as from : [ 27 March 2014 ]

2) The last date of lodgement : [ 31 March 2014 ]

3) Retention Money : Where securities are not delivered in time for registration by the seller, then the brokers concerned :-

a) Selling Broker to deduct [ 3/7 ] , of the Selling Price against the Selling Client.

b) Buying Broker to deduct [ 10% ] of the Purchase Price against the Buying Client.

c) Between Broker and Broker, the deduction of [ 3/7 ] of the Transacted Price is applicable.

Posted by zeolit > 2014-03-27 09:45 | Report Abuse

can anybody explain this news...intsteye

Posted by idadelaila > 2014-03-27 09:56 | Report Abuse

Is it bcoz of right issue...???

Posted by zeolit > 2014-03-27 12:03 | Report Abuse

Understanding Rights Issues
By Ben McClure on February 26, 2009 A A A
Filed Under: Investment Banking
Cash-strapped companies can turn to rights issues to raise money when they really need it. In these rights offerings, companies grant shareholders a chance to buy new shares at a discount to the current trading price. Let's look at how rights issue work, and what they mean for all shareholders.

Defining a Rights Issue and Why It's Used

A rights issue is an invitation to existing shareholders to purchase additional new shares in the company. More specifically, this type of issue gives existing shareholders securities called "rights", which, well, give the shareholders the right to purchase new shares at a discount to the market price on a stated future date. The company is giving shareholders a chance to increase their exposure to the stock at a discount price.


But until the date at which the new shares can be purchased, shareholders may trade the rights on the market the same way they would trade ordinary shares. The rights issued to a shareholder have a value, thus compensating current shareholders for the future dilution of their existing shares' value.


Troubled companies typically use rights issues to pay down debt, especially when they are unable to borrow more money. But not all companies that pursue rights offerings are shaky. Some with clean balance sheets use them to fund acquisitions and growth strategies. For reassurance that it will raise the finances, a company will usually, but not always, have its rights issue underwritten by an investment bank.

Posted by zeolit > 2014-03-27 12:03 | Report Abuse

So mean boleh beli warrant dengan harga diskaun..am i right

Posted by Investeye > 2014-03-27 18:54 | Report Abuse

So confuse, need time to figure out how to purchase the new share allocated...hmmmm

Posted by sembrono > 2014-03-27 23:09 | Report Abuse

confuse???...
are they meant this???>>>
rights issue > 6 share + 3 free warrant for every 8 existing share at rm0.50 each
existing share 10k at rm0.83 = rm8.3k
10k/8*6 = 7.5k share * rm0.50 = rm3.75k
price/share now (rm8.3k+rm3.75k)/17.5k share= rm0.689/share
so if we take rights issue, then we would end up having 17.5k share price of rm0.69/share plus having 3.75k free warrant????