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

Paklong

110 posts

Posted by Paklong > 2014-07-24 08:04 | Report Abuse

Jester & Sarifahselinder , Got the answer?

AhMoi

5,802 posts

Posted by AhMoi > 2014-07-24 08:17 | Report Abuse

RHB should revise its TP for AZRB to > RM 1 now 

RHB expected only RM 500m contract wins for 2014

But, now only July the contact wins already RM 483m Langat 2 + Putrajaya

With 5 more months to go and contracts are pouring in surely will be more than RM 500m

Posted by SarifahSelinder > 2014-07-24 08:28 | Report Abuse

Ya Paklong, AZ naik hari ini la jangan lemah lembut lagi Nak rezeki raya

BTW suka name you... 'long' hehe

Paklong

110 posts

Posted by Paklong > 2014-07-24 08:29 | Report Abuse

Long and selinder "look like same"

Paklong

110 posts

Posted by Paklong > 2014-07-24 08:31 | Report Abuse

Sarifah...you tolong push sikit...biar naik price azrb nie

jester

852 posts

Posted by jester > 2014-07-24 08:45 | Report Abuse

Paklong, what do you mean by got the answer?

Posted by SarifahSelinder > 2014-07-24 08:57 | Report Abuse

Ok I oso can do the pushing...... Sama sama push... I push u push I push u push u push I push.......

AhMoi

5,802 posts

Posted by AhMoi > 2014-07-24 09:01 | Report Abuse

A promising looking gap up........

Posted by SarifahSelinder > 2014-07-24 09:08 | Report Abuse

Beli Ahmad Zaki Buy AZRB

Project besar project besar... Big project big project

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-07-24 09:10 | Report Abuse

what happens today? triggered!

Posted by Shareholderz > 2014-07-24 09:15 | Report Abuse

price gonna reach 0.8 today

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-07-24 09:21 | Report Abuse

azrb-wa also moving

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-07-24 09:24 | Report Abuse

ala.. so many ppl cant wait to sell.. how to move up?

Paklong

110 posts

Posted by Paklong > 2014-07-24 09:35 | Report Abuse

Jester, yesterday bila i kata buy now ...you ask why...then got announcement...that the answer why i ask to buy now

chloe_ts

229 posts

Posted by chloe_ts > 2014-07-24 09:45 | Report Abuse

yay!! huat huat. :)

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-07-24 09:45 | Report Abuse

Maybank Research Highlights - 24 July 2014- Ahmad Zaki: Wins MYR185.1m Putrajaya job. Ahmad Zaki Resources Bhd’s unit Ahmad Zaki Sdn Bhd has been awarded a MYR185.14m contract from Putrajaya Resources Sdn Bhd for the proposed construction and completion of certain buildings and infrastructure in Putrajaya. The deal includes two blocks of office buildings, retail spaces and external works on Plots Z1 and Z2. (Source: Bernama)

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-07-24 09:47 | Report Abuse

RHB: We maintain our BUY call, forecasts and FV of MYR0.96. Ahmad Zakihas bagged a MYR185m Putrajaya building/road job. We project its netprofit to surge 5x between FY13 and FY15, backed largely by improved construction profits and reduced plantation losses. Apart from being a good small-cap proxy to public infrastructure spending, we also like the company for its concession assets and oil palm plantations.

Second key job win in FY14.Ahmad Zaki has secured from Putrajaya Resources SB a MYR185.1m contract for the construction of two office/retail blocks as well as the upgrading of Jalan Alamanda in Precinct 1, Putrajaya. This is the second key contract it has won in FY14, boosting its YTD job wins to MYR483m and its outstanding construction orderbook by 9% to MYR2.2bn (see Figure 1). Assuming an EBIT margin of 5%, the contract would fetch MYR9.3m in EBIT over a 28-month contract period. We are positive on this development.

Forecasts. We maintain our forecasts, as we have assumed contract wins of MYR500m for Ahmad Zaki in FY14.

Risks.These include: i) construction contract wins in FY14-15 falling short of our assumption of MYR500m per annum, and ii) an escalation in input costs.

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 already last for 2-3 years) could surge by more than 70% to MYR3.8bn when the MYR1.55bn East Klang Valley Expressway (EKVE) hits the ground over the immediate term. We also like the company 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 which is under construction (26% completed) and the EKVE which is currently under planning. In addition, there is tremendous value in its 21,000-ha oil palm plantations (23% planted) in West Kalimantan, Indonesia. Our SOP based FV is unchanged at MYR0.96

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-07-24 09:48 | Report Abuse

but seems not enough catalyst

jcn7030

74 posts

Posted by jcn7030 > 2014-07-24 09:54 | Report Abuse

LETTER OF AWARD
- THE PROPOSED CONSTRUCTION AND COMPLETION OF 2 BLOCKS OF OFFICE BUILDINGS,
RETAILS SPACES AND EXTERNAL WORKS ON PLOTS Z1 AND Z2, 3 LEVELS OF BASEMENT
PARKING AND ACCESS ROAD ON PLOTS Z1, Z2, Z3 AND Z4; AND UPGRADING WORKS TO
JALAN ALAMANDA WITH ASSOCIATED INFRASTRUCTURES AND LANDSCAPING WORKS AT
PRECINCT 1, WILAYAH PERSEKUTUAN PUTRAJAYA
the full announcement at http://www.bursamalaysia.com.

sephiroth

14,145 posts

Posted by sephiroth > 2014-07-24 09:59 | Report Abuse

Key words

We project its net profit to surge 5x between FY13 and FY15, backed largely by improved construction profits and reduced plantation losses. Apart from being a good small-cap proxy to public infrastructure spending, we also like the company for its concession assets and oil palm plantations.

nordimohd

1,870 posts

Posted by nordimohd > 2014-07-24 10:28 | Report Abuse

why warrants-A volume bigger than the mother share...? is DATO' HAJI MUSTAFFA BIN MOHAMAD disposing like previous announcement....i.e it is play to dispose warrants-A....?

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-07-24 10:29 | Report Abuse

ok lor..wait lor.... i think today some test... let see what happens next... i doubt much up today...

sephiroth

14,145 posts

Posted by sephiroth > 2014-07-24 10:34 | Report Abuse

close above 73 baru comfirm uptrend mah

AhMoi

5,802 posts

Posted by AhMoi > 2014-07-24 11:45 | Report Abuse

RHB:

Forecasts. We maintain our forecasts, as we have assumed contract wins of MYR500m for Ahmad Zaki in FY14.

Just July already RM 483m, how can for whole of 2014 still just RM 500m??? Should be more and FV should be > RM 1.00 ler as projects are pouring in....

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-07-24 13:36 | Report Abuse

now still 0.96 but we are still far behind!

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-07-24 13:44 | Report Abuse

AhMoi, how sure what they get will benefits players?

AhMoi

5,802 posts

Posted by AhMoi > 2014-07-24 13:53 | Report Abuse

Well, goverments projects are always good......

AhMoi

5,802 posts

Posted by AhMoi > 2014-07-24 13:54 | Report Abuse

At the least there wont be those middle east craps...

nordimohd

1,870 posts

Posted by nordimohd > 2014-07-24 13:58 | Report Abuse

u are right no more crabbing....kiki

Posted by Fortuneball > 2014-07-24 14:14 | Report Abuse

Small contract RM500m

AhMoi

5,802 posts

Posted by AhMoi > 2014-07-24 14:27 | Report Abuse

RM 500m added to those already in hand is a lot o... billions billions... will keep AZRB busy for years

and, think it wont be just RM 500m for 2014... you wont know where the projects will be coming from man... lots of surprises

AhMoi

5,802 posts

Posted by AhMoi > 2014-07-24 14:28 | Report Abuse

The middle east crap had affected AZRBs record a lot... but good thing that too is coming in soon

Posted by Fortuneball > 2014-07-24 15:50 | Report Abuse

Haha ah moi

nordimohd

1,870 posts

Posted by nordimohd > 2014-07-24 15:57 | Report Abuse

looking at price n volume look like just one day play....? hope not

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-07-24 16:00 | Report Abuse

AhMoi very optimistic in Encik A

Posted by SarifahSelinder > 2014-07-24 16:17 | Report Abuse

Bang AZ..... Sarifah belum cukup....... rasa tak cukup

Naik lagi la... mau lagi.. tak cukup

nordimohd

1,870 posts

Posted by nordimohd > 2014-07-24 16:29 | Report Abuse

dont think it is going anyway cause Friday last trading before long holiday......n let see after raya

james95

70 posts

Posted by james95 > 2014-07-24 16:49 | Report Abuse

hopefully maintain at 725 and above til close..otherwise would be another big round of waiting...............

Posted by SarifahSelinder > 2014-07-24 16:52 | Report Abuse

Pak loooooong Pak loooooong mcam tahu aje AZRB ada dapat contract.. pak loooooong mcam connected aje.. ada tips lain to share?? ; ))

lks_5291

749 posts

Posted by lks_5291 > 2014-07-24 16:59 | Report Abuse

"Included in other receivables of current year as shown below is the award issued by the sole arbitrator of the InternationalCourt of Arbitration under the International Chamber of Commerce in 2013 pertaining to the arbitration initiated by the Group in year 2011 against a particular contract customer pertaining to the development of a university campus in Saudi Arabia. The Group, through its external legal counsels in Saudi Arabia, has filed the arbitrator award with the local Saudi court on 2 February 2014 in order to obtain an enforcement order. Based on the advice from its external legal counsels, the Group is of the view that it is reasonable to expect that the local court in Saudi Arabia will issue the enforcement order within 6 months from the date the arbitrator award was filed and the Group can proceed with
legal recovery."

When will it be the SAR 93m or RM78.64m? 2/2/14 + 6 months = Raya??

nordimohd

1,870 posts

Posted by nordimohd > 2014-07-24 18:17 | Report Abuse

dono guy but dont think those crabs will pay......just remember those are real crabs of the world crabs i.e at the same wth african crabs u know...then no raya...kkiki

lks_5291

749 posts

Posted by lks_5291 > 2014-07-24 18:32 | Report Abuse

If want to goreng crabs, this cili padi should be useful and just in time as well.. lol...

helmi3112

23 posts

Posted by helmi3112 > 2014-07-25 10:20 | Report Abuse

wah...open at 0.72, yesterday closed at 0.695

Victor Valdez

1,340 posts

Posted by Victor Valdez > 2014-07-25 10:31 | Report Abuse

helmi3112..u high on daun ketum ka..since when yesterday closed at 0.695

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-07-25 10:47 | Report Abuse

walaueh.. one day show... wait for Raya first lar..

jester

852 posts

Posted by jester > 2014-07-25 11:26 | Report Abuse

just one day show. Nevermind, can collect more if have bullets. haha

helmi3112

23 posts

Posted by helmi3112 > 2014-07-25 11:26 | Report Abuse

@victor valdez eh, sorry..last two days.

BuLLRam

1,104 posts

Posted by BuLLRam > 2014-07-25 11:31 | Report Abuse

walaoooo ahmad nak tidor lagi..zzzzzzzz....need more rest.....

chloe_ts

229 posts

Posted by chloe_ts > 2014-07-25 11:33 | Report Abuse

aiya one day show @@

jester

852 posts

Posted by jester > 2014-07-25 11:33 | Report Abuse

Hahaha.. If it closes today at this level quite good already.

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