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

liangchai

94 posts

Posted by liangchai > 2014-07-07 15:41 | Report Abuse

u no understanding mah. I tell many time d. limit down can not go down d. but go up mah

AhMoi

5,802 posts

Posted by AhMoi > 2014-07-07 15:41 | Report Abuse

So smart la.... so how high do you think it will go??

sephiroth

14,145 posts

Posted by sephiroth > 2014-07-07 15:42 | Report Abuse

must break 73 baru comfirm bull mah

AhMoi

5,802 posts

Posted by AhMoi > 2014-07-07 15:53 | Report Abuse

A hum.... certainly the chart is looking much improved...

after all WC is coming to an end soon... where else to look for excitement if no here...

jcn7030

74 posts

Posted by jcn7030 > 2014-07-07 15:55 | Report Abuse

ok. az go go go .... still loss. hahahaha..

AhMoi

5,802 posts

Posted by AhMoi > 2014-07-07 15:57 | Report Abuse

A hum, excuse me

and, it is not really too much for one to expect the strong resistant at 0.97 to be breached in the immediate term

nordimohd

1,870 posts

Posted by nordimohd > 2014-07-07 16:00 | Report Abuse

2noob2stupid normally both warrent n mother will move together to any direction i.e up or down...if only either one move potentially just ripple in the cup....

AhMoi

5,802 posts

Posted by AhMoi > 2014-07-07 16:00 | Report Abuse

AZRB has be consolidating in a statured tight range building base blah blah blah blah for quite some time now, tension has got to be released, and it will be released soon in an earth shaking manner

Posted by 2noob2stupid > 2014-07-07 16:01 | Report Abuse

Thank you nordi for your explanation =)

sephiroth

14,145 posts

Posted by sephiroth > 2014-07-07 16:17 | Report Abuse

fake show again, maybe wed or thurs break 73 with volume

AhMoi

5,802 posts

Posted by AhMoi > 2014-07-07 17:01 | Report Abuse

WC coming to an end..... liangchai you better be on stanby

tjhldg

27,218 posts

Posted by tjhldg > 2014-07-07 18:44 | Report Abuse

kikikiiii ... lai liau lai liau ... sephi pan sim

nordimohd

1,870 posts

Posted by nordimohd > 2014-07-07 20:09 | Report Abuse

as per Alliance Research Sdn Bhd tp 83sen
http://eresearch.bursamalaysia.com/download.aspx?id=15392&type=research

nordimohd

1,870 posts

Posted by nordimohd > 2014-07-07 22:55 | Report Abuse

instead u may want to try this...n i am in already after quit AZRB...
as per JF Apex Securities Bhd TP rm2.80....
http://eresearch.bursamalaysia.com/download.aspx?id=15672&type=research

5c0160

1,763 posts

Posted by 5c0160 > 2014-07-07 23:45 | Report Abuse

RHB TP 0.96

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-07-08 09:30 | Report Abuse

going uptrend now?

liangchai

94 posts

Posted by liangchai > 2014-07-08 12:38 | Report Abuse

RHB TP O.96. laugh me die d. so daydreaming.

AhMoi

5,802 posts

Posted by AhMoi > 2014-07-08 12:57 | Report Abuse

Source : RHB
Stock : AZRB Price Target : 0.96 | Price Call : BUY
Last Price : 0.71 | Upside/Downside : +0.25 (35.21%)


We maintain our BUY call, forecasts and MYR0.96 FV. This follows the award of the MYR994m Langat 2 water treatment plant contract to a consortium which comprises Ahmad Zaki. The latest job win is in line with our assumption. Ahmad Zaki is a good small-cap proxy to public infrastructure spending. We also like the company for its concession assets and oil palm plantations in Indonesia.

• First key contract win in FY14. A 36:34:30 JV between Salcon (SALC MK, NR), MMC Corporation (MMC MK, NR) and Ahmad Zaki has secured a MYR994m contract for the construction of the 1,130m millionlitre-per-day (MLD) Langat 2 water treatment plant. Assuming the job is apportioned in accordance with the stake in the JV, Ahmad Zaki’s share will be MYR298m. This is the first key contract the company has secured in FY14, boosting its outstanding construction orderbook by 15% to MYR2.2bn (see Figure 1) from MYR1.9bn. Assuming an EBIT margin of 10%, the contract will fetch MYR29.8m EBIT over a 3-year contract period starting this month. We are positive on the latest development.

• Forecasts. We maintain our forecasts as we have assumed Ahmad Zaki to secure MYR500m worth of new contracts in FY14.

• Maintain BUY. Ahmad Zaki is a good small-cap proxy to public infrastructure spending given its involvement in the construction of the Klang Valley MRT project and various government facilities. Its current outstanding construction orderbook of MYR2.2bn (that can last the company for 2-3 years) will surge by 69% to MYR3.7bn when the MYR1.55bn East Klang Valley Expressway (EKVE) breaks ground over the immediate term. We also like Ahmad Zaki for its stable of concession assets comprising: i) a highly profitable bunkering operation at the Kemaman Supply Base (KSB) in Terengganu, ii) a teaching hospital at the International Islamic University of Malaysia (IIUM), which is currently under construction and about 26% completed, and iii) the EKVE under planning. In addition, there is tremendous value in its 21,000ha oil palm plantations (23% planted) in West Kalimantan, Indonesia.


We keep our FV unchanged at MYR0.96, based on SOP valuation

AhMoi

5,802 posts

Posted by AhMoi > 2014-07-08 12:59 | Report Abuse

in fact FV 0.96 per RHB

liangchai you die die la.... we shall miss you at 4pm..... on trading days only

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-07-08 13:49 | Report Abuse

actually i want to dispose but the chart shows temptation, we are at the bull flag.. perhaps i wait another week, see if it break the bull flag... too nice but just wait for the big brothers... perhaps after WC...

Paklong

110 posts

Posted by Paklong > 2014-07-08 15:38 | Report Abuse

time to collect

liangchai

94 posts

Posted by liangchai > 2014-07-08 15:59 | Report Abuse

I am laughing

Paklong

110 posts

Posted by Paklong > 2014-07-08 16:22 | Report Abuse

good news coming

nordimohd

1,870 posts

Posted by nordimohd > 2014-07-08 19:30 | Report Abuse

now in slightly in bull territory..

5c0160

1,763 posts

Posted by 5c0160 > 2014-07-08 21:00 | Report Abuse

Dont listen to RHB research very lousy. They said 0.96 if azrb up to 0.85 quickly run. Few months ago b4 right issue TP 1.45. It did went up but highest only reach 1.14. We are better than the analyst. They want us the small fish die

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-07-09 07:12 | Report Abuse

its around the bullish area.. but waiting for volume.. but human psycho issues as many fish stuck.. will have corrections when it up a bit as everyone try to free themself

nordimohd

1,870 posts

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

i3i2i1 u are right a lot of people stuck....

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-07-09 09:09 | Report Abuse

haha, im 1 of "them", and azrb plays the biggest % in my portfolio... but still the charts shows good.. cant afford to "let it go" for now..

AhMoi

5,802 posts

Posted by AhMoi > 2014-07-09 19:00 | Report Abuse

them Brazilian supporters, especially them hot samba chicks, really cry one, I tell you......

stockraider

31,556 posts

Posted by stockraider > 2014-07-09 20:14 | Report Abuse

Do not worry of being trapped....most important is do your valuation & purchase with margin of safety...if u get trapped be it.

Raider give u a good example....OSK...!!
Raider got trapped now veli happy loh....!!

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-07-09 23:42 | Report Abuse

haha.. very funny video.. good laugh after tense.... but this songs very famous some time ago.. especially on international organization such as AIESEC :)

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-07-10 00:13 | Report Abuse

pray hard.. the chart is very bad now

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-07-10 10:27 | Report Abuse

@superfortunebull: american bomohs are not certified :(

AhMoi

5,802 posts

Posted by AhMoi > 2014-07-10 13:52 | Report Abuse

For 2H2014..... Kenanga IB has an “overweight” rating on the building material, construction, gaming, gloves, Malaysia real estate investment trust, plantations, power utility, water utility, and transport and logistics sectors.


AZRB is in a few.....

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-07-10 14:02 | Report Abuse

@AhMoi, sorry to ask, what it means by "overweight"? good for azrb or not?

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-07-10 14:51 | Report Abuse

ah... AZRB already too "thin" and now going to be "overweight"? its like killing..

AhMoi

5,802 posts

Posted by AhMoi > 2014-07-10 15:53 | Report Abuse

HaHa..

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-07-10 17:52 | Report Abuse

another dissapointed day with "Ahmad"

nordimohd

1,870 posts

Posted by nordimohd > 2014-07-10 18:41 | Report Abuse

may be looking at hard time a head...??? unless MACD cross to positive territory....

5c0160

1,763 posts

Posted by 5c0160 > 2014-07-10 22:49 | Report Abuse

Sell.

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-07-11 15:03 | Report Abuse

@Ah Moi: you saw it is good? its very bad but support around 0.70... my bad is not going down but we are stuck at a point of high resistance (draw the lines)

AhMoi

5,802 posts

Posted by AhMoi > 2014-07-11 15:12 | Report Abuse

I see it as not going anywhere.... yet. HaHa

AhMoi

5,802 posts

Posted by AhMoi > 2014-07-11 15:14 | Report Abuse

But not la very bad....

AhMoi

5,802 posts

Posted by AhMoi > 2014-07-11 17:21 | Report Abuse

WC ends next Monday..........................................................................

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-07-11 17:35 | Report Abuse

thats what we are waiting for...

james95

70 posts

Posted by james95 > 2014-07-12 15:07 | Report Abuse

big shark should be collecting abit abit during all these sideway movement, seems like going to up drastically soon after wc..

5c0160

1,763 posts

Posted by 5c0160 > 2014-07-12 18:14 | Report Abuse

After wc then see moving up or going down.

nordimohd

1,870 posts

Posted by nordimohd > 2014-07-14 10:42 | Report Abuse

world cup just a buzz words...after WC so far nothing move...huhu

liangchai

94 posts

Posted by liangchai > 2014-07-14 13:17 | Report Abuse

now all scare. wait for 4pm

AhMoi

5,802 posts

Posted by AhMoi > 2014-07-14 14:14 | Report Abuse

is it?!?

I just bought some more this morning

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