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

Posted by opportunist > 2014-05-28 16:51 | Report Abuse

patience... it will goes up pretty soon

stockQst

42 posts

Posted by stockQst > 2014-05-28 17:32 | Report Abuse

Today good report, share so so only.... Y hah! Must uppppp

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-05-29 09:25 | Report Abuse

world cup?

Posted by bonescythe > 2014-05-29 09:38 | Report Abuse

Lai la.. Time to wake up

sephiroth

14,145 posts

Posted by sephiroth > 2014-05-29 09:39 | Report Abuse

aiyo how to wake up, give ahmad some jap/korean dolls

Posted by bonescythe > 2014-05-29 09:39 | Report Abuse

Need to bring C4 and TNT to be planted at RM 0.72 soon

Posted by bonescythe > 2014-05-29 09:50 | Report Abuse

Bring money to bomb him ? Will up?

nordimohd

1,870 posts

Posted by nordimohd > 2014-05-29 10:13 | Report Abuse

the company got what it wants....i.e money from the right isue.....next step to do is trow at around 70sen n werent at around 30sen and buy back at around 40sen n 10sen later when bskl down.....the same thing done before right isue....be careful guys luckily i manage to sell all my 300k units before the right isue....good luck.....just sharing experience after following n investing in AZRB for few years

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-05-29 10:19 | Report Abuse

nordimohd... you are the big guys... so you mean now buy or sell time?

stockraider

31,556 posts

Posted by stockraider > 2014-05-29 10:21 | Report Abuse

those who sell azrb....is bound for a major disappointment....in 6 to 12 mths time.

Azrb...is a profit making opportunity....at reasonable price

Posted by bonescythe > 2014-05-29 10:27 | Report Abuse

Is a free world. All are free to buy and sell. After all, is your own money that you should be responsible with

nordimohd

1,870 posts

Posted by nordimohd > 2014-05-29 11:04 | Report Abuse

...just sharing, until today i havent found the answer why after these years of mega projects sudently AZRB end up wth few hundered million of debt and eventually had done the folliwings 1. isuing >rm1bil bond 2. capital reduction >200mil 3. right isue >rm100mil to clear up the accumulated debt n finance the on going and new projects....seem to me it is a very poor money spinner company. ..i may be wrong.......this is not to scare anybody instead to encourage u guys may be to do more research to be able to find the answer for yr self. ...may be share what yr thought wth the rest.....

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-05-29 11:21 | Report Abuse

yeah.. that's the question but im holding quite some time already as bought at high price last year.. keep dropping until now...but perhaps coming budget end of this year will boost it...

WXGWXW

172 posts

Posted by WXGWXW > 2014-05-29 11:26 | Report Abuse

as long as having high order book, moving fwd.

Posted by splendid_ignorance > 2014-05-29 11:33 | Report Abuse

nordimohd. everyone entitled to share here. Here is my opinion:
1) in your first posting today :
- you suggested that the company will "throw" shares having raised enough money from rights issue. I don't see how that will be possible. The company can't "throw" their shares like an ordinary investor. If any other major shareholders "throw" their shares I'm sure we will know about it from bursa announcement
- actually, if you sold before ex-rights at around 0.85, you might be better off if you subscribed to the rights and get the warrants
2) In your second posting :
- construction is a capital intensive business. It is quite normal for these companies - along with property companies - to have borrowings. In fact it is beneficial to have a healthy amount of debt given how capital intensive the business is
- don't forget the mess with the saudi project. they won the court proceedings so the compensation should be reflected in the accounts soon
- do you mean capital reduction or par value reduction. I believe it is par value reduction

I think the value of this company is in its huge orderbook. Not so much it's past performance. And at the end of the day people invest for future potential, of which I personally think AZRB has plenty of. And please be aware that in these companies, the earnings matter less than the potential earnings in the future (orderbook). Accounting principal dictates that the recognition of many projects will only be in the future but in reality the real money is already in the bag from the contracts.

nordimohd

1,870 posts

Posted by nordimohd > 2014-05-29 11:36 | Report Abuse

i accimulated AZRB @average 70sen some 3 years ago sold @ 80+sen last year...when buying the stock my idea was it had a lot of good mega projects n likely would produce nice financial results but not as expected....instead full wth accumulated debt....

Posted by splendid_ignorance > 2014-05-29 11:42 | Report Abuse

nordimohd. Congrats on your gain. That said, you will still have benefited if you subscribed to the rights issue - you'll have more shares + warrants.

As i mentioned earlier, I think the financial results will always lag the orderbook by quite abit. It will get better with the current orders. But you're free to have your own opinions

nordimohd

1,870 posts

Posted by nordimohd > 2014-05-29 11:48 | Report Abuse

splendid_ignorance tq for sharing yr.thought...yes u have good explaination...good luck...anyway imidiately after exiting frm AZRB now i am holding gadang @ 83sen average buying which i think better money spinner.....

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-05-29 12:03 | Report Abuse

wow! i like the comments from splendid! thank you! we wait.. holding power needed :)

nordimohd

1,870 posts

Posted by nordimohd > 2014-05-29 12:50 | Report Abuse

fortunebullz tq for sharing yr thought....may be lesson lernt is last thing u want to deal bizz wth is wth arabs....anyway good luck to u all....

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-05-29 13:24 | Report Abuse

stay away from india? sounds like now linked to my mudajya.. luckily have some only there... still stuck too

Posted by talkrealreal > 2014-05-29 15:50 | Report Abuse

Lagi sama harga ...

AhMoi

5,802 posts

Posted by AhMoi > 2014-05-30 11:26 | Report Abuse

emmm.... my oh-so-arousing paco rabanne smell is still here

not sure if you all can smell it

but, pretty sure you all could not see....

could not see the selling pressure that came

AhMoi

5,802 posts

Posted by AhMoi > 2014-05-30 11:51 | Report Abuse

I like the way paco rabanne makes me smell you know...


soooo, what is next?!?

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-05-30 11:56 | Report Abuse

ahmoi using guy perfume? :)

AhMoi

5,802 posts

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

; )

steve3131

125 posts

Posted by steve3131 > 2014-05-30 12:45 | Report Abuse

sold off,loss a bit,add more L&G better.....

Tommylim

335 posts

Posted by Tommylim > 2014-05-30 20:59 | Report Abuse

RHB Research has maintained its Buy call on Ahmad Zaki with a fair value of 96 sen, adding that the group is a good small-cap proxy to public infrastructure spending given its involvement in the construction of the Klang Valley mass rapid transit (MRT) project and various government facilities.

It said on Wednesday that Ahmad Zaki’s 1Q14 net profit met expectations at 27% of RHB’s full-year forecast/consensus estimates respectively.

“We project Ahmad Zaki’s net profit to hit the RM30mil mark in FY15 from less than RM6mil in FY13,” it said.

RHB said Ahmad Zaki’s current outstanding construction orderbook of RM2bil, which can already last for 2-3years will surge by 80% to RM3.6bil when the RM1.55bil East Klang Valley Expressway (EKVE) hits the ground over the immediate term.

“We also like Ahmad Zaki for its stable of concession assets comprising a highly profitable bunkering operation at the Kemaman Supply Base in Terengganu, the International Islamic University of Malaysia (IIUM) Teaching-Hospital under construction (26% completed) and the EKVE under planning.

“In addition, there is tremendous value in its 21,000 ha oil palm plantations (23% planted) in West Kalimantan, Indonesia,” it said.

RHB expects Ahmad Zaki’s net profit to surge five times between FY13 and FY15, backed largely by improved construction profit and reduced plantation losses.

nordimohd

1,870 posts

Posted by nordimohd > 2014-05-31 00:46 | Report Abuse

some of the reference for u guys regarding the losses which i mention earlier :

1.Loses at the company level and the right issue ; (http://valueinvestorresearchklse.blogspot.com/2014/01/azrb-propose-rights-issue-with-warrants.html)

2. and others;
http://valueinvestorresearchklse.blogspot.com/search/label/AZRB

Good luck guys...

I am still looking for any buying opportunity after exiting last year...

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-06-02 13:39 | Report Abuse

aiks, below 0.70 liao

AhMoi

5,802 posts

Posted by AhMoi > 2014-06-02 16:16 | Report Abuse

Sell in May and go away... one month late

HanSolo

309 posts

Posted by HanSolo > 2014-06-02 16:38 | Report Abuse

0.690 . good time to collect ah moi?

AhMoi

5,802 posts

Posted by AhMoi > 2014-06-02 16:49 | Report Abuse

now warrant also dropping, prices like want to collapse

but, a quick and deep correction could well be what AZRB needs, rather than a zzzzzz inducing tight range that really tests patience

liangchai

94 posts

Posted by liangchai > 2014-06-02 17:12 | Report Abuse

A quick and deep collapse could well be what AZRB needs, rather than a zzzzzz inducing tight range that really tests patience

liangchai

94 posts

Posted by liangchai > 2014-06-02 18:33 | Report Abuse

Waiting for saiko amoi review tomorrow

AhMoi

5,802 posts

Posted by AhMoi > 2014-06-02 18:56 |

Post removed.Why?

nordimohd

1,870 posts

Posted by nordimohd > 2014-06-02 23:58 | Report Abuse

...may be going into deeper bearish cycle....??

kingsu

77 posts

Posted by kingsu > 2014-06-03 07:57 | Report Abuse

cannot understand with this counter. Should keep/accumulate/throw??

nordimohd

1,870 posts

Posted by nordimohd > 2014-06-03 08:41 | Report Abuse

...to me if looking at current pe and eps throw and buy at maximum bearish some where in future....in 2015 may be at 45sen to 50sen? ??....? depend on pe n eps at that time...??

nordimohd

1,870 posts

Posted by nordimohd > 2014-06-03 08:43 | Report Abuse

....for sure i am keeping close eye on AZRB...still looking for buying opertunity...when dont know....

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-06-03 08:53 | Report Abuse

good news not a good news after all? who is waiting for what?

AhMoi

5,802 posts

Posted by AhMoi > 2014-06-03 16:54 | Report Abuse

of course, you know for AZRB to have a deep correction, all it takes is for big bro to throw a couple of thousand or may be just a couple of hundred lots

as for quick.... it is also upto big bro, will he be quick?

the number of people who are having profit is getting smaller and smaller, smaller and smaller.... you want to consider to take profit or not??

nordimohd

1,870 posts

Posted by nordimohd > 2014-06-03 21:07 | Report Abuse

the TA has been bearished since jan 2014......
good luck guys...

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-06-04 12:24 | Report Abuse

volume still good, i think

DaMaCai

53 posts

Posted by DaMaCai > 2014-06-04 14:44 | Report Abuse

Hantam kaw kaw. Got 1.5 billion contract build highway

WXGWXW

172 posts

Posted by WXGWXW > 2014-06-04 14:44 | Report Abuse

d undervalued counter start to go up

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-06-04 15:02 | Report Abuse

good, more volume on buy q already.. go go go!

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-06-04 15:03 | Report Abuse

hope it will go at least to 0.710

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-06-04 18:09 | Report Abuse

who is good in charts? what about this counter showing?

nordimohd

1,870 posts

Posted by nordimohd > 2014-06-05 10:36 | Report Abuse

it is trapped in bear cycle since Nov 2013 clear cut shown by MACD ...see for yrself... best seen at date range: "2 years"
http://www.tradesignum.com/chart/azrb

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