AHMAD ZAKI RESOURCES BHD

KLSE (MYR): AZRB (7078)

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Last Price

0.235

Today's Change

0.00 (0.00%)

Day's Change

0.225 - 0.24

Trading Volume

2,122,400


12 people like this.

8,224 comment(s). Last comment by pineapple 20 hours ago

sunztzhe

2,248 posts

Posted by sunztzhe > 2014-08-11 16:40 | Report Abuse

Chart is already overbought. Price had run ahead of fundamentals. One should be selling out if price goes higher, not buying!!! Moreover rights@ 50 cents means good margins at these prices in 3.5 months!!

nordimohd

1,870 posts

Posted by nordimohd > 2014-08-11 16:43 | Report Abuse

AhMoi,
For sure the azrb share value has been diluted by the right issue n reduction of par value..n to me EPS(PE) is the main driver and the rest like dividend and the rest just extra income,,,

AhMoi

5,802 posts

Posted by AhMoi > 2014-08-11 16:49 | Report Abuse

let's say the latest Q EPS turned out to be 3 sen, what is your plan?

liangchai

94 posts

Posted by liangchai > 2014-08-11 17:46 | Report Abuse

sien. market close d. forgot to post limit up d.

nordimohd

1,870 posts

Posted by nordimohd > 2014-08-11 18:54 | Report Abuse

EPS .03, PE 12, fair price 0.36....do nothing...to me no real justification n at least no real value based on fact and figure to invest why do i need to invest in azrb....

1. just wait gadang weakness buy some more as long as it is < rm2.00
2. looking for others such as plantation stocks which potentially having good future value...FYI palm oil has been bearish for about 3 years but for now the plantation stock PE still not reflecting the current bearish cycle...
http://www.4-traders.com/MALAYSIA-PALM-OIL-16222/technical_analysis-full/&plein=1
http://www.indexmundi.com/commodities/?commodity=palm-oil&months=240&currency=myr
3. .....
4. .....
and on and on..

sunztzhe

2,248 posts

Posted by sunztzhe > 2014-08-11 19:01 | Report Abuse

nordimohd, U r very disciplined, very fundamental driven & very systematic investor long term investor. I salute you!!!

nordimohd

1,870 posts

Posted by nordimohd > 2014-08-11 19:11 | Report Abuse

sunztzhe,
FYI I have learn my lesson losing a lot of money just for very simple reason ignorant...i don’t think that i want to repeat the old same mistake again....

sunztzhe

2,248 posts

Posted by sunztzhe > 2014-08-11 19:13 | Report Abuse

nordimohd, With your disciplined investment decision making, u will win for sure.

nordimohd

1,870 posts

Posted by nordimohd > 2014-08-11 19:21 | Report Abuse

sunztzhe,
no venture no gain but now i always remember that investment will involve risk so after all the losses i made before to me no proper risk assessment no investment, better do nothing than keep on losing about everything ....kikiki

nordimohd

1,870 posts

Posted by nordimohd > 2014-08-11 19:28 | Report Abuse

Is now the time investors should move to cash?
http://www.cnbc.com/id/101906896

Investeye

2,347 posts

Posted by Investeye > 2014-08-11 21:00 | Report Abuse

Saw positive movement of AZRB, hope keep the momentum to climb higher!

4u2c

3,553 posts

Posted by 4u2c > 2014-08-11 22:07 | Report Abuse

maybe over priced, but its up trending...before result is out...

calvintaneng

56,552 posts

Posted by calvintaneng > 2014-08-11 22:30 | Report Abuse

Nordimohd,

Market timing is an art which none can predict with 100% accuracy. TTB of ICapBiz has Gone into CASH Since year 2009. He missed the better part of the bull run. Dr. Marc Faber has been calling for a Correction since 2 years ago. Even George Soros short the US Market early this year.

Maybe there is a correction of 20% to 30% round the corner. If so what should we do?

Dr. Marc Faber advocate putting investment into 4 diversifications for safety

1) CASH (25%) Ringgit or a basket of different foreign currencies.

2) BONDS (25%)

3) GOLD (25%)

4) SHARES (25%)

What kind of shares. Shares with solid NTA & Solid Recession Proof Business. Best is Shares With Surplus Net CASH POSITION.

calvintaneng

56,552 posts

Posted by calvintaneng > 2014-08-11 22:36 | Report Abuse

I have been thinking of Gadang's CAPITAL CITY 21. It Is A Huge Ambitious Project. This Collosal Towering Dinosaur might be in trouble if Recession really hit us.

I think Gadang is vulnerable to a down turn - if there is one. Every time I passed by CAPITAL CITY 21 I really wonder if the people are trying to wear Such A Big Hat. Investors in Gadang are oblivious of the danger of abandon project.

Better Buy GSB. It Is Small in Size. Almost sold out. It's only a matter of time. And also a matter of time before price shoots up

stockraider

31,556 posts

Posted by stockraider > 2014-08-11 23:18 | Report Abuse

AZRB is a surewin counter....just has some patience stay with it 6 to 9 mths....a return of at least 30% can be achieved loh.....!!

Don jump here n there....don say overbought.....buy with margin of safety ......buy with confidence loh.....!!

nordimohd

1,870 posts

Posted by nordimohd > 2014-08-12 01:15 | Report Abuse

Calvin,
TQ for yr opinion n sharing...and of the following, i dont mean to scare or excite anybody this is just my own take on the bskl in relation to the global roof top equity mkt;

based on just volume trend suggesting that potentially bskl is at firm ground to swing up;

...http://biz.thestar.com.my/marketwatch/charts/intraidx.asp?indice=main,COMPOSITE&days=90&type=1&p1=1869.92&p2=1870.04&p3=1871.26&p4=1865.6&p5=1866.04&p6=-3.88&p7=-0.21&p8=22118195...

please toggle to 1 year chart

this chart show every pull back with high volume is followed by up cycle; it happen before in sept 2013, early 2014 and currently in progress while bskl in pull back situation, and my take the current pull back is likely followed by the up cycle but this potentially the last up cycle before meaningful 10% to 20% correction based on the following chart;

http://finance.yahoo.com/q/ta?s=%5EKLSE&t=2y&l=off&z=l&q=c&p=m200%2Cb%2Cm100%2Cm50%2Cv&a=r14%2Cw14%2Cm26-12-9&;;c=

over this chart the MACD starting with big bang right after election may 2013 and as time progress it getting weaker every up cycle and currently in negative territory and potentially weaker rebound compared to earlier up cycle, suggesting potential trend reversal...

this potential trend reversal is in line with:
1. potential OPR up revision from 3.25% to 3.5% which reported could be as early as sept 2014 and latest by nov 2014
2. potential global interest up cycle ?? at least in msia
3. ending of QE in USA by oct 2014
4. Federal Reserve usd4trilion balance sheet disposal ???
5. currency imbalance as a result of currency flight

so base on the above my game plan is to cash out all my position in the potentially last bskl up cycle n rest for awhile from equity mkt at least for 3 months to 6 months while observing the following :
1. plantation stocks realignment to the palm oil bearish cycle
2. potential return of palm oil bull cycle
3. property bubble burst...?? or going side way
4. ......
and so on

***last but not least gadang(has plam oil), azrb(has plam oil) and other palm oil plantation stocks such as fgv. THplan prices realignment to the fundamental value especially when palm oil turn to bull cycle

note: this could be the starting point for pre PRU 14 bull cycle where GLC stocks such as tenega, fgv IHH will be in front stage....

nordimohd

1,870 posts

Posted by nordimohd > 2014-08-12 01:25 | Report Abuse

USA presidential election is in 2016...and potential bullish for usa stock in 2015/16 after 6 months to 9 months 10% to 20% correction ....???

nordimohd

1,870 posts

Posted by nordimohd > 2014-08-12 01:46 | Report Abuse

probably the real killer will come in 2018/19 i,e 10 years from last major bearish cycle...and i tend to believe at this point of time most people are drunk with complacency n daun ketum...kikiki

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-08-12 02:35 | Report Abuse

from chart, bull wins for AZRB.. this week uptrend!

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-08-12 02:35 | Report Abuse

then we high together with or without daun ketum ok?

nordimohd

1,870 posts

Posted by nordimohd > 2014-08-12 07:25 | Report Abuse

i3i2i1,
u are right, hope u all enjoy the up hill ride with out me...
http://cn1.kentrade.com.my/applet/kenanga_ta_chart.jsp?uid=78766376797476&load=7078&market=KLSE

char1234

5,299 posts

Posted by char1234 > 2014-08-12 08:55 | Report Abuse

If u join in it will b more fun.sure to spike up

nordimohd

1,870 posts

Posted by nordimohd > 2014-08-12 09:08 | Report Abuse

char1234,
TQ, but I learn my great greed lesson before n not to go to the same route again

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-08-12 09:21 | Report Abuse

Nordi, you use kenanga platform to trade? and the chart analysis from the platform? if im not cust, how can i have it?

nordimohd

1,870 posts

Posted by nordimohd > 2014-08-12 09:26 | Report Abuse

i3i2i1,
ok u try this one....
http://www.tradesignum.com/chart/azrb

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-08-12 09:28 | Report Abuse

EPF not interested with this Class A contractor? http://www.thesundaily.my/news/1137959

AhMoi

5,802 posts

Posted by AhMoi > 2014-08-12 09:38 | Report Abuse

0.76

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-08-12 09:39 | Report Abuse

apa tu 0.76 AhMoi?

AhMoi

5,802 posts

Posted by AhMoi > 2014-08-12 09:41 | Report Abuse

That was history.... crossed 0.765 just now

nordimohd

1,870 posts

Posted by nordimohd > 2014-08-12 09:44 | Report Abuse

one thing that i learn from warrent burfett is focus evaluation on the fundamental value n current & future growth potential

Posted by AzmiMerican > 2014-08-12 10:46 | Report Abuse

AZRB-WA or AZRB??

conversion price 70 sen

premium about 50%

gearing about 1.78

AZRB-WA expensive at current price tak??

Kalau nak beli, beli AZRB-WA or AZRB??

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-08-12 10:56 | Report Abuse

to me, i buy azrb, wa at peak price.... not sure will go down or not....

Posted by shahrizan1 > 2014-08-12 11:08 | Report Abuse

mrt 3 BANGI TO RAWANG? end of this year.

Posted by AzmiMerican > 2014-08-12 11:09 | Report Abuse

Tapi I see WA nak lebih in term of %. But, mungkin you are right in saying WA already gone up a lot. Will the mother catch up??

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-08-12 11:14 | Report Abuse

everyone praying for it lar :)

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-08-12 11:15 | Report Abuse

we have a lot of marketer in azrb compared to azrb-wa :) see this forum, can read thousands of positive notes... and praying it will arise... like snow white eaten the poisoned apple... waiting the right kiss :*

liangchai

94 posts

Posted by liangchai > 2014-08-12 14:58 | Report Abuse

limit up showtime 4pm

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-08-12 15:17 | Report Abuse

im sure liangchai loaded so much...

nordimohd

1,870 posts

Posted by nordimohd > 2014-08-12 15:30 | Report Abuse

good luck u all have happy trading....

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-08-12 16:27 | Report Abuse

as usual, ahmad still on high too.. continue napping lar... showtime always dissapointing.. shiok sendiri lar!

4u2c

3,553 posts

Posted by 4u2c > 2014-08-12 17:10 | Report Abuse

it went up 2 cts nicely but later showed a. 0.5 ct gain........dissapointing....Their pattern...show a good high but closed low with a gain. They cld be testing buyer/sellers ....One day, it will close at a super high. A lot of people will regret .Sharks are in already ...watch out and dont be caught....Contrarians, be extra careful. U chased at the high, n if its a lot of money, u will be subjected to T4 .....

4u2c

3,553 posts

Posted by 4u2c > 2014-08-12 17:11 | Report Abuse

im buying the warrants, but i dont put the comments there.Lonely lah at warrant forum. Here got soooo many great traders and also "sharks" .....exciting !!!

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-08-12 17:14 | Report Abuse

wah 4u2c swimming here and there.. agreed dont know why azrb wa is very quiet but the price up and up to max... only the mother is so lazy to move....

AhMoi

5,802 posts

Posted by AhMoi > 2014-08-12 17:21 | Report Abuse

not bad, tested and survived

tomorrow is another.....

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-08-12 17:36 | Report Abuse

AhMoi, where have you been? what you say about azrb-wa?

lks_5291

749 posts

Posted by lks_5291 > 2014-08-12 18:54 | Report Abuse

EXECUTION OF A SUPPLEMENTAL AGREEMENT TO THE MALAYSIA-CHINA HYDRO JOINT VENTURE AGREEMENT DATED 12TH JUNE 2002 (“JVA”) IN RESPECT OF THE UNDERTAKING OF THE CW2 PACKAGE (MAIN CIVIL WORKS) FOR THE BAKUN HYDROELECTRIC PROJECT

So, what does it mean? A ~ 1.8b project from 2002 dragged until now... Revived? Automatic withdrawal from contract?

(Should be 2007) Sime Engineering Sdn Bhd has filed a suit against AZRB over alleged breaches in the Malaysia-China Hydro joint venture agreement dated 12 June 2002 relating to the Bakun dam. AZRB was served with a writ summons and statement of claim dated 12 Oct by Sime Engineering claiming "RM15.24 million for alleged breaches by AZRB of the Malaysia-China Hydro JVA" relating to Bakun hydroelectric project package CW2 – main civil works.

They should reveal the SUPPLEMENTAL AGREEMENT for shareholders.. haha...

nordimohd

1,870 posts

Posted by nordimohd > 2014-08-12 19:01 | Report Abuse

1. middle east crab
2. Financial crab
3. probably cleaning up another crab (i.e legal crab this time)....hehehe

nordimohd

1,870 posts

Posted by nordimohd > 2014-08-12 19:04 | Report Abuse

mmm just may be more crabs cleaning to come.....

4u2c

3,553 posts

Posted by 4u2c > 2014-08-12 19:08 | Report Abuse

this suit will drag on and on....Bakun project not yet completed ? 12 years ago ...i read abt it..

nordimohd

1,870 posts

Posted by nordimohd > 2014-08-12 19:11 | Report Abuse

wow 12 years old crab very big ooo schooling at standard 6 already

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