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

ccs999

674 posts

Posted by ccs999 > 2014-06-26 16:28 | Report Abuse

Actually I am quite worry about the quarterly report which will announce within this few days.
Let's said if the report is good, why the price is still drop? (because got people sell lol) Unless got insider news said sell due to bad report, make sense?
If let's said big fish is collecting (to push down the price),I think they collect long time already since the price is stagnant for long time, why they don't let the price up le?
That is why I am wondering, it is a bad report? Just my 2 cents. Thank you.

Investeye

2,347 posts

Posted by Investeye > 2014-06-26 16:49 | Report Abuse

Just take opportunity to accumulate some lots at RM0.695 & RM0.70, this counter is still stagnant compare with other counters. From previous experience with AZRB, within 1 year there is 1~2 opportunity for me to gain some pocket money from this counter ( i expect in Q4).

AhMoi

5,802 posts

Posted by AhMoi > 2014-06-26 16:52 | Report Abuse

The 2nd quarter is JUN, I don't think the result will be announced on 30-6-2014 itself, right??

nordimohd

1,870 posts

Posted by nordimohd > 2014-06-26 16:54 | Report Abuse

to me azrb is in the collection mode.. i have tested few times in and out since last year...and today prove my earlier test i.e close <70sen in down trend mode...

AhMoi

5,802 posts

Posted by AhMoi > 2014-06-26 16:55 | Report Abuse

Big bro is watching football mah

AhMoi

5,802 posts

Posted by AhMoi > 2014-06-26 17:05 | Report Abuse

The 2nd quarter is JUN, I don't think the result will be announced on 30-6-2014 itself, right??

RELAX!! WATCH WORLD CUP 1ST

JimYeoh

1,514 posts

Posted by JimYeoh > 2014-06-26 19:17 | Report Abuse

opportunity to collect low nw

Investeye

2,347 posts

Posted by Investeye > 2014-06-26 20:16 | Report Abuse

Oh yes, the Q result is by end of Aug. I just read their annual report which received 2 weeks ago. Look like mix up with other counter.

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-06-27 08:40 | Report Abuse

Investeye, what you mean by "look like mix up with other counter"?

ccs999

674 posts

Posted by ccs999 > 2014-06-27 08:50 | Report Abuse

Yesterday AGM done, I think no div declare...zzz

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-06-27 09:15 | Report Abuse

what is wrong ah? fundamental sounds good.. have projects.. price going south and no u turn (or too small) and now no div.. this counter really test ppl patients..

Posted by splendid_ignorance > 2014-06-27 09:25 | Report Abuse

guys like i have already said. we should not be expecting a dividend. Paying a dividend right after raising capital through rights issue does not make sense. A company pays dividend if it has surplus cash with no good use of it. The company raised the capital to fund it's operations given that it has so many projects. Here is an analogy:

You have a project that will cost you 100 mil and will give you 500 mil.
In your bank you have 90 mil.
You raise 50 mil to help fund the project and also make sure you have enough money in the company to pay any other expenses.
Total you have is 140 mil to fund a 100 mil project.
Would you pay 40 mil dividend when you just raised 50 mil from the same shareholders? They might as well have just raised 10 mil instead of raising capital first then pay dividends.

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-06-27 09:29 | Report Abuse

ah.. then we really need to wait long time for the profits.. until the project completions... anyone have the timeline?

nordimohd

1,870 posts

Posted by nordimohd > 2014-06-27 10:53 | Report Abuse

...normally project will take 1.5 to 2 years to complete, ekve to complete by 2017..so while the azrb still cheep buy n keep for at least another 1.5 years...by 2017/18 (near pru 14) azrb could explode to rm1.5 to rm2....???

AhMoi

5,802 posts

Posted by AhMoi > 2014-06-27 11:12 | Report Abuse

The ways some of you are posting and urging and waiting impatiently for the price to go up as fast as possible so that you can unload is itself enough to make big bro thinks twice to push...

Budget to push like has doubled liao.. Heavy

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-06-27 11:51 | Report Abuse

haha.. AhMoi, you think big bro will come here and read?

AhMoi

5,802 posts

Posted by AhMoi > 2014-06-27 12:23 | Report Abuse

What do you think?? Big money at stake..................................................... not just here, everywhere, careful that you HP may be bugged............................... Edward S

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-06-27 14:11 | Report Abuse

how you know my name? hahah.. :)
TGIF! and Monday is holiday!!

yeah.. my major is here and its quite dissapointed... small ones run but big going another way..

AhMoi

5,802 posts

Posted by AhMoi > 2014-06-27 14:21 | Report Abuse

i3i2i1

Further proof:

Mr K who have made you bought into and now stuck in tuajaya is not just reading the posts he blogs too

Look at the big bro here as the more ruthless, more bad ass, more mean, more greedy, more want to take your money away version of Mr K... and you get what I mean

Investeye

2,347 posts

Posted by Investeye > 2014-06-27 14:41 | Report Abuse

Singapore-Kelantan 700km Highway....Hopefully AZRB will get part of the project as that region is quite a strong hold for AZRB.
http://www.theedgemalaysia.com/business-news/296635-ort-singapore-kelantan-700km-highway-being-actively-planned-by-federal-government.html

nordimohd

1,870 posts

Posted by nordimohd > 2014-06-27 15:12 | Report Abuse

wah Investeye look good...sound like pru14 project to me..good2 azrb is next counter to ride from s'gpore to kelantan 700km long journey...

liangchai

94 posts

Posted by liangchai > 2014-06-27 15:21 | Report Abuse

Another half hour you change your mind...limit down

AhMoi

5,802 posts

Posted by AhMoi > 2014-06-27 15:29 | Report Abuse

The range that nordimohd is swinging to and fro is a trader's wet dream lol

Investeye

2,347 posts

Posted by Investeye > 2014-06-27 15:32 | Report Abuse

I believe following will be a positive factors for AZRB price to move up :
1. Receive of RM79.6mil for the arbitration case of AFU Project in Saudi which ordered by ICC on Jul'13
2. Start positive contribution or at least breakeven from plantation sector.
3. More projects from construction and contribution from EKVE
4. More good news from O&G service sector

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-06-27 15:35 | Report Abuse

great news Investeye..

AhMoi

5,802 posts

Posted by AhMoi > 2014-06-27 16:16 | Report Abuse

The things is.. everybody knew about the positive factors but somehow it is just not moving up.. why??



liangchai thank you but you need not try to answer

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-06-27 16:20 | Report Abuse

Oh no!! its 4pm and started Liangchai's limit down.. down to 0.70! careful!!! i have not sell yet, damn!!

JimYeoh

1,514 posts

Posted by JimYeoh > 2014-06-27 16:24 | Report Abuse

TP 1.00 by year end

Posted by splendid_ignorance > 2014-06-27 17:01 | Report Abuse

Liangchai the great oracle

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-06-27 17:06 | Report Abuse

did i see wrongly? close at 0.71?

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-06-27 17:07 | Report Abuse

i better run soon as like my Boss said once, say it once.. it is nothing but say it 100 times, it will happen... :(

Posted by splendid_ignorance > 2014-06-27 17:08 | Report Abuse

I think we misunderstood liangchai la. when he says limit down he means will go up a few bids.

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-06-27 17:11 | Report Abuse

ok, make a wish every day.. we all will be very happy :)
Happy End of Work and Happy Weekend and those Muslims, Selamat Berpuasa!
Hope Ahmad will give duit raya soon.... we all are waiting! :)

nordimohd

1,870 posts

Posted by nordimohd > 2014-06-27 18:22 | Report Abuse

not so soon..may be ang pow for coming CNY because currently based on the weekly (as well as daily)chart, azrb is still intect trapped in bear cycle...hehe

looichan

63 posts

Posted by looichan > 2014-06-30 23:01 | Report Abuse

aim for raya angpow..

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-07-01 08:31 | Report Abuse

let's see how it is on first week of Puasa

liangchai

94 posts

Posted by liangchai > 2014-07-01 18:57 | Report Abuse

Azrb puasa d. Tomorrow limit down

5c0160

1,763 posts

Posted by 5c0160 > 2014-07-01 19:05 | Report Abuse

Why limit down? To 0.405? Is a good buy.

JimYeoh

1,514 posts

Posted by JimYeoh > 2014-07-01 20:02 | Report Abuse

deeply undervalued

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-07-02 10:31 | Report Abuse

5c0160, dont ask why as you will not get answer. Liangchai is praying hard everyday.. to buy cheap... it is not deeply undervalued yet.. but still under the sea :(

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-07-02 15:02 | Report Abuse

1 more hour !! shopping!! or may be napping!!

speakup

27,014 posts

Posted by speakup > 2014-07-02 15:07 | Report Abuse

Ahmad Zaki is joint contractor for rm1Bil Langat 2 project.

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-07-02 16:26 | Report Abuse

liangchai!!

liangchai

94 posts

Posted by liangchai > 2014-07-02 16:29 | Report Abuse

limit down start now. stop day dream for ang pow. never happen

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-07-02 16:34 | Report Abuse

what is your defination of limit down? or you mean only corrections?

liangchai

94 posts

Posted by liangchai > 2014-07-02 16:37 | Report Abuse

You correct lorr

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-07-02 17:07 | Report Abuse

limit down is very serious things to happens... can cause panic selling...

liangchai

94 posts

Posted by liangchai > 2014-07-02 17:49 | Report Abuse

You spinning d. I say already limit down. I bought kawkaw d. I say limit down = can not go down d. can go up only. simple English also not understanding

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-07-02 18:27 | Report Abuse

Friend.. please read and understand the differences.. i guess all in English lah..
http://www.investopedia.com/terms/l/limitdown.asp
http://www.investopedia.com/terms/b/bottom.asp

have a nice night!

liangchai

94 posts

Posted by liangchai > 2014-07-02 18:30 | Report Abuse

this also need look dictionary. many time d I say limit down can not go down d. tomorrow go up d. you sell today then you wrong d

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