AHMAD ZAKI RESOURCES BHD

KLSE (MYR): AZRB (7078)

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Last Price

0.24

Today's Change

+0.005 (2.13%)

Day's Change

0.225 - 0.24

Trading Volume

2,250,700


12 people like this.

8,224 comment(s). Last comment by pineapple 1 day ago

ryan7642

1,998 posts

Posted by ryan7642 > 2014-05-08 21:53 | Report Abuse

I think It will be another Kim lun sample I m waiting below 0.7 to drawdown my breakeven:)

AhMoi

5,802 posts

Posted by AhMoi > 2014-05-09 07:54 | Report Abuse

Apparently, Langat 2 is not starting soon.... again..... the state >><< federal thingy again.

Investeye

2,347 posts

Posted by Investeye > 2014-05-09 08:51 | Report Abuse

Court case again!
he Board of Directors of Ahmad Zaki Resources Berhad wishes to announce that its wholly-owned subsidiary, Ahmad Zaki Sdn Bhd (“AZSB”) had on 7 May 2014 been served with Writs of Summons and Statement of Claims dated 2 May 2014 by Multiglow Corporation Sdn Bhd claiming for the sum of RM9,860,691.78 in relation to Kertih Polymer Park (“KPP”) Phase 1 Project (“KPP1 Project”) and KPP Phase 2 Project (“KPP2 Project”) and for the sum of RM2,722,476.33 in relation to Lebuhraya Pantai Timur Phase 2 5A Project (“LPT2 5A Project”) in Terengganu (collectively, known as “the Projects”).

ryan7642

1,998 posts

Posted by ryan7642 > 2014-05-09 09:46 | Report Abuse

hahaha ya lo act i found out AZRB quite favor in kena court cases de lo if no mistaken last year or last few year also kena one==''

Posted by splendid_ignorance > 2014-05-09 09:48 | Report Abuse

lol. one need only see who are the ppl behind azrb to not worry about court cases against them

ryan7642

1,998 posts

Posted by ryan7642 > 2014-05-09 10:02 | Report Abuse

hahaha of cos i wont worry but happy cos price will drop n i can lower down my breakeven heheheh:p o ya if i bought the share at May do i entitle for the free warrant?

AhMoi

5,802 posts

Posted by AhMoi > 2014-05-09 11:18 | Report Abuse

0.705.....


Despite the urging of some here to take up the rights shares, smart people have avoided the rights shares and rightly so... take up rate of the rights shares really nothing to shout about

AhMoi

5,802 posts

Posted by AhMoi > 2014-05-09 11:24 | Report Abuse

Below 0.70 yes? no?

SS3U

272 posts

Posted by SS3U > 2014-05-09 11:57 | Report Abuse

court case in construction forms is normal

AhMoi

5,802 posts

Posted by AhMoi > 2014-05-09 12:21 | Report Abuse

Below 0.70 when avalanche of rights shares are available for sale soon.....

AhMoi

5,802 posts

Posted by AhMoi > 2014-05-09 12:58 | Report Abuse

sell first and buy back later???

Investeye

2,347 posts

Posted by Investeye > 2014-05-09 13:17 | Report Abuse

if too many court cases for particular compony is not a good sign. anyway, i think azrb is still worth to invest at low base on the projects secured and also put it foot to o&g service and plantation. As i sold all on 24th Apr and i expected to come if the price is reasonable by May ( below rm0.70). So, it is still under my observation.

tonylim

4,796 posts

Posted by tonylim > 2014-05-09 13:19 | Report Abuse

If no court cases, then the price wont be this already

DaMaCai

53 posts

Posted by DaMaCai > 2014-05-09 14:34 | Report Abuse

Hantam on bad news. Bad news means price go down badly. Bought 0.705

ryan7642

1,998 posts

Posted by ryan7642 > 2014-05-09 14:38 | Report Abuse

good buy price^^ but i aim lower than 0.7 dunno can get o not:p

lching

1,402 posts

Posted by lching > 2014-05-09 14:48 | Report Abuse

bad timing, before the new shares and warrant listed next friday.

DaMaCai

53 posts

Posted by DaMaCai > 2014-05-09 14:49 | Report Abuse

Ryan, no point waiting for lower. Official bad news out. Cannot go lower anymore. Better hantam now. Court cases not serious, remember AZRB won international court cases, so local court cases peanut.

AhMoi

5,802 posts

Posted by AhMoi > 2014-05-09 16:02 | Report Abuse

Below 0.70 when avalanche of rights shares are available for sale soon.....

AhMoi

5,802 posts

Posted by AhMoi > 2014-05-09 16:15 | Report Abuse

wondering who is doing the selling??!!??!!

AhMoi

5,802 posts

Posted by AhMoi > 2014-05-09 16:16 | Report Abuse

the selling just come and come and come.... like a rush out from hell !!

AhMoi

5,802 posts

Posted by AhMoi > 2014-05-09 16:20 | Report Abuse

over subscription % of the rights shares is so so little.... so unloved AZRB!!

AhMoi

5,802 posts

Posted by AhMoi > 2014-05-09 16:23 | Report Abuse

sayang, sayang, sayang AZRB........ sayang, sayang.... poor AZRB so unloved, sayang sayang

AhMoi

5,802 posts

Posted by AhMoi > 2014-05-09 16:31 | Report Abuse

who is doing the selling??!!??!!

smart money doing the selling? huh? smart money doing the selling?

HanSolo

309 posts

Posted by HanSolo > 2014-05-09 16:49 | Report Abuse

aiyo will it go below 70 cents? we shall see on monday.

ryan7642

1,998 posts

Posted by ryan7642 > 2014-05-09 17:04 | Report Abuse

hahahah slightly touch my range below 0.7 loll..for me i will treat it as another kim lun trend when warrant list the price drop from 1.7 to 1.55 after awhile (1-2wk+) only back to normal 1.7 range..

AhMoi

5,802 posts

Posted by AhMoi > 2014-05-09 17:06 | Report Abuse

Below 0.70... if not Monday will be when avalanche of rights shares are available for sale soon.....

Tommylim

335 posts

Posted by Tommylim > 2014-05-09 18:11 | Report Abuse

I bought into Azrb today as encouraging news that new elevated highway will be commencing soon. My remisier noted that price was purposely depress today to make way for some cronies into buying cheap today. Thank you.

Tommylim

335 posts

Posted by Tommylim > 2014-05-09 20:56 | Report Abuse

Would like to note here that AZRB has successfully raise 100 millions from recent right issue. These 100 millions will be immediately use for soon to be announced East Klang Valley Expressway (EKVE) project and also the International Islamic University Malaysia (IIUM) Teaching Hospital project. The par value reduction undertaken is to write off losses from one of its subsidiary. My remisier was fortunate to be close to AZRB directors and informed of today pressdown for cronies to buy cheaper before making further push once new shares are listed. Thank you.

steelheart

1,832 posts

Posted by steelheart > 2014-05-09 21:29 | Report Abuse

Tommylim, you really trust your remisier a lot eh? He ask you to buy what you also buy. He really that good eh?

Tommylim

335 posts

Posted by Tommylim > 2014-05-10 01:02 | Report Abuse

It took me quite sometime to be his client. He is very selective, highly recommend by friends. If I don't trust my remisier, I wont be making good returns Steelheart. Thank you.

Tommylim

335 posts

Posted by Tommylim > 2014-05-10 01:28 | Report Abuse

Let's wait for the announcement of EKVE this month latest by next week or week after. Thank you.

nicholasnwh90

1,114 posts

Posted by nicholasnwh90 > 2014-05-10 01:35 | Report Abuse

Hi tommy, would you think that the price might go few bits lower upon the right shares issuance? Looking for the right entry point. Thanks!

Tommylim

335 posts

Posted by Tommylim > 2014-05-10 01:39 | Report Abuse

From feedback that I got from my remisier and friends, most expect some fall. However, if majority expect a fall, it may not materialize. Furthermore announcement of EKVE will be made very soon. Thank you.

nicholasnwh90

1,114 posts

Posted by nicholasnwh90 > 2014-05-10 01:41 | Report Abuse

Thanks man!

AhMoi

5,802 posts

Posted by AhMoi > 2014-05-11 19:04 | Report Abuse

Tonylim, you have expanded!!

time for par value reduction.

ill repute and confusing as it is, it is what you need, my man. ; )

AhMoi

5,802 posts

Posted by AhMoi > 2014-05-11 21:11 | Report Abuse

Below 0.70 is below TERP level......

tonylim

4,796 posts

Posted by tonylim > 2014-05-11 21:14 | Report Abuse

Ah moi I hear you. I don't quite understand your England for the 7.04pm post.
Tommy you are here.

tonylim

4,796 posts

Posted by tonylim > 2014-05-11 21:22 | Report Abuse

In 2012 knm goreng up to 72c cum rights at 40c with lower ratio warrants. Price drop to below 60c on listing.
I still make money cos the warrants traded at 11c. Warrants covered and excess shares given during the rights issue more than cover the difference.

The difference here I think is knm to par down the debts here money for working capital and taking bigger projects.

Ah moi I have said enough

AhMoi

5,802 posts

Posted by AhMoi > 2014-05-12 07:38 | Report Abuse

.

John2000

168 posts

Posted by John2000 > 2014-05-12 09:25 | Report Abuse

Why drop lei?expert

Investeye

2,347 posts

Posted by Investeye > 2014-05-12 09:30 | Report Abuse

Time to accumulate AZRB at RM0.69, after disposed all on 24th Apr 2014 at RM0.77
I expected AZRB will have good chance to get "Menara Warisan" which will be announce soon.
國投獨立投資私人有限公司日前剛邀請國內外各大建築商參與獨立遺產大廈的預審資格競標。MIDF看好阿末查基資源(AZRB,7078,主板建筑組)是獲委主要承包商的領跑者,而依文仙台(SENDAI,5205,主板建筑組)則有望獲得鋼鐵結構工程方面的分包合約。

國投獨立投資私人有限公司日前剛邀請國內外各大建築商參與獨立遺產大廈的預審資格競標。MIDF看好阿末查基資源(AZRB,7078,主板建筑組)是獲委主要承包商的領跑者,而依文仙台(SENDAI,5205,主板建筑組)則有望獲得鋼鐵結構工程方面的分包合約。

點看全文: http://biz.sinchew.com.my/node/94775?tid=23#ixzz31ScX3PD4

AhMoi

5,802 posts

Posted by AhMoi > 2014-05-12 09:55 | Report Abuse

0.68....

said too soon, and with too much conviction too, newbie ....

AhMoi

5,802 posts

Posted by AhMoi > 2014-05-12 09:55 | Report Abuse

Below 0.70 when avalanche of rights shares are available for sale soon.....

this has been proven true...

AhMoi

5,802 posts

Posted by AhMoi > 2014-05-12 09:56 | Report Abuse

now as the drop in price has got your attention,


Let's revisit this,

AZRB has got to be trading now like its par value is 0.25 already now.. now, even b4 the par value reduction is done, you know what I mean?

to see if it is trading now like its par value is 0.25 already now, or it is trading now before its par value reduction



>AhMoi your comment on this....

AZRB has got to be trading now like its par value is 0.25 already now.. now, even b4 the par value reduction is done, you know what I mean?

24/04/2014 12:46



take a harder look this time... and see if you get it now..

bing

3,794 posts

Posted by bing > 2014-05-12 11:06 | Report Abuse

Very deeply English!

AhMoi

5,802 posts

Posted by AhMoi > 2014-05-12 11:19 | Report Abuse

what mean???

AhMoi

5,802 posts

Posted by AhMoi > 2014-05-12 11:22 | Report Abuse

errrr.... yes, my England not good la, but kindly try to get my point can or not??

Posted by talkrealreal > 2014-05-12 12:05 | Report Abuse

collecting amid bearish market today

Investeye

2,347 posts

Posted by Investeye > 2014-05-12 15:04 | Report Abuse

I really interest to see what will happen when the Rights Shares and Warrants are expected to list on 16 May 2014. From the view of purchased 2 OR from market (RM0.68) and convert to mother share (added RM0.50) to get 1 warrant... RM1.18 = 1 share + 1 warrant?? I hope the share is way under value and should valur higher!

WXGWXW

172 posts

Posted by WXGWXW > 2014-05-12 15:15 | Report Abuse

Rebound !! Good news ?

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