Posted by lks_5291 > 2014-08-12 19:13 | Report Abuse

Well, I think is a positive or neutral thing for now...

Each of the parties to the MCH JV has agreed to release, waive, relinquish, withdraw and discharge any and all claims, actions, causes of actions, obligations, liabilities, judgments, orders and demands whatsoever nature whether known or unknown, related to and/or arising out of the MCHJV and/or the CW2 Contract which it had instituted or may now have or may hereafter have against each other in accordance with and subject to the terms under the Supplemental Agreement

Peaceful settlement?? lol...

Posted by AzmiMerican > 2014-08-12 19:17 | Report Abuse

We refer to our previous announcements in relation to the Bakun Hydroelectric Project. The Board of Directors of AZRB is pleased to announce that AZRB has entered into a Supplemental Agreement dated 11 August 2014 to the JVA (“Supplemental Agreement”) in respect of the Malaysian-China Hydro Joint Venture (“MCH JV”) with the other parties to the MCH JV.


Should be something baik la sebab... "pleased to announce", pleased to something ok la

The Board of Directors of AZRB is The Board of Directors of AZRB is pleased to announce that AZRB has entered into a Supplemental Agreement that AZRB has entered into a Supplemental Agreement

I ambil at face value... settled out of court...

Posted by nordimohd > 2014-08-12 20:15 | Report Abuse

yep crab cleaning...

Posted by i3i2i1 > 2014-08-12 23:47 | Report Abuse

i expect tomorrow red but azrb chart seems getting better! weekly is uptrend

Posted by i3i2i1 > 2014-08-13 09:52 | Report Abuse

almost 10am, all very discipline!

Posted by nordimohd > 2014-08-13 10:29 | Report Abuse

well the weather is good hotair bloon will fly high....no worry...

Posted by i3i2i1 > 2014-08-13 11:26 | Report Abuse

haha.. i heard and read the word will so many times... but still patient enough to wait.. like wait for my GF!!

Posted by nordimohd > 2014-08-13 11:36 | Report Abuse

but this on is better than GF.....kikiki

Posted by Fortuneball > 2014-08-13 15:10 | Report Abuse

0.70 then enter

Posted by 4u2c > 2014-08-13 17:49 | Report Abuse

resting........rehat.......72 cts shld be support.....less than 70 cts, we are considered long term investor .......set up tent

Posted by i3i2i1 > 2014-08-13 17:53 | Report Abuse

ive been camping since Y2013!

Posted by nordimohd > 2014-08-13 18:17 | Report Abuse

i3i2i1,
same to u, camping in Y2013 but gave up azrb earlier than u cause form close it look like hot-air bloon..kikiki.. n move camp to gadang, n now look like my camping season almost over, may be about another 3 weeks cause i start to feel uncomfortable over the big picture as bskl start having extremely high volume on the down n up swing....

Posted by 4u2c > 2014-08-13 19:10 | Report Abuse

lowest for past year = 65 cts....now 74......as long as they stay within high 70 cts, she cld break out.....they are quite aggresive when they push up the shares,esp for its warrants...
They are still within striking distance to break the 77.5 cts tested recently.

Posted by 4u2c > 2014-08-13 19:10 | Report Abuse

Hopefully, no need to spend more money in buying any tents.....keep the faith....

Posted by nordimohd > 2014-08-13 19:57 | Report Abuse

yep 4u2c pray for good weather as long as it can....

Posted by 4u2c > 2014-08-13 20:19 | Report Abuse

I actually join the party on 6 Aug........i like what i see.......Im V lucky at picking stks but sometimes, i let go wrong timing !!! I think this counter is gooooooood for now n the future

Posted by nordimohd > 2014-08-13 20:44 | Report Abuse

it future look great....but currently look like hotair bloon that the reason i moved to ohers but monitoring probably for sept 2015 buying in....aprox. 1 year from now...

Posted by 4u2c > 2014-08-13 23:56 | Report Abuse

wow, what if the share suddenly rocket to 90 cts after breaking 77.5 ? I think, it can.....this coming P n L, we must all see. U really,really, pick yr stks ....that is a good habit

Posted by King Kong73 > 2014-08-14 07:12 | Report Abuse

Fuiyooo

Posted by nordimohd > 2014-08-14 09:17 | Report Abuse

but at least FY2013 telling different story...i will see the current qtr result n few future qtrs result before doing anything, my guess wouldn't be any better than before until palm oil sector giving good result (FY2013 palm oil contributing rm27mil lost), this is one of the reason my expectation earlier to start buying by sept 2015 cause by then hopefully palm oil industry start to recover (now in the bear cycle for the last 3 years after almost 10 years bull cycle), new mega projects coming in (for at least rm1bil to rm1.5bil per year construction turn over to achieve good excellent result i.e return of probably rm80mil to rm150mil in construction per year) and the dust of azrb stock pricing probably has settled down to reflect the good company value....

...for now to me it just hot air bloon flying high on good weather n hope the weather is good for another 2 to 3 weeks....

Posted by AzmiMerican > 2014-08-14 11:53 | Report Abuse

Nordimohd, look like you have been most successful in takut takutkan semua with ur doomday scenario. Tak gerak lansung Azrb now.

Posted by nordimohd > 2014-08-14 12:55 | Report Abuse

AzmiMerican,
It is based on fact and figure from FY2013 report, nothing new...kindly read n analyse.....
1. FY2013 report
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1646897

2.palm oil 20 years chart
http://www.indexmundi.com/commodities/?commodity=palm-oil&months=240

3. 2 years KLCI kindly look at MACD trend.
http://finance.yahoo.com/q/ta?s=%5EKLSE&t=2y&l=off&z=l&q=c&p=m200%2Cb%2Cm100%2Cm50&a=r14%2Cw14%2Cm26-12-9&;c=

and up to u to make yr own conclusion...

Posted by i3i2i1 > 2014-08-14 13:44 | Report Abuse

still have faith that it wont go down so much... now new support seems higher, let see until tomorrow. i think when markets recovered, it will up as quite number of counters even at 1.xx is up... 0.2xx also up, why 0.7xx cant be moved? hmm..hmm.... or may be Nordi too influencial? hahaha

Posted by AzmiMerican > 2014-08-14 14:14 | Report Abuse

Nordinmohd public enemy no 1 here in Azrb

Posted by i3i2i1 > 2014-08-14 14:33 | Report Abuse

who else? what else? http://www.hydrocarbonprocessing.com/Article/3370936/Latest-News/Petronas-awards-Petrofac-500-million-RAPID-refinery-contract-in-Malaysia.html

Posted by nordimohd > 2014-08-14 14:57 | Report Abuse

so that yr conclusion after reading n analyzing.......then good luck....

Posted by i3i2i1 > 2014-08-14 17:11 | Report Abuse

nordi merajuk?

Posted by nordimohd > 2014-08-14 17:42 | Report Abuse

i3i2i1
No la why should i, cause i been in azrb before monitoring since 2012 then holding 300k unit(bought about rm200k) for most Y2013, i keep on digging the details then getting the closer azrb picture, just to share with u guys as not be the same situation while i was in 2013, more or less to share the quick understanding as such others will be able to dig more in order to come up with their own conclusion that all.

I lost a lot of money before due to simple reason i.e just of my own ignorant n hope be able to at least share my own experience as such others wont do the same stupid mistake that i did before.

FYI i3i2i1 gadang is up today n i guess u may have bought some...
currently I am holding 1,285,000 units gadang just waiting the right time to dispose...

Posted by nordimohd > 2014-08-14 18:16 | Report Abuse

make no mistake, i still like azrb very much of it future potential n monitoring the daily progress and potential around it, such as future speed railway KL-gua musang aprox. rm30bil east cost high way etc....so by sharing in this "azrb bench" hopefully together will be able to share info, knowledge n understanding n compare note where ever possible in helping oneself making buying n selling decision..

honestly i am just small investor trying to share whatever i know n no hidden agenda or bad faith about it.....

Posted by 4u2c > 2014-08-14 20:27 | Report Abuse

stay abv 70 cts....results coming up soon..................

Posted by i3i2i1 > 2014-08-14 20:40 | Report Abuse

Nordi, didn't go for gadang, you know from my thread where I am... You still think gadang can go more? What's your tp?

Posted by Investeye > 2014-08-14 20:52 | Report Abuse

If you invested AZRB started from 2012, if you disposed the share if more than 10% gain. If I am not wrong, there were at least 3 opportunities to get profit. So, far this is what I experienced.
I will keep accumulate AZRB if the price down to rm0.70 and wait for another up cycle which I think should be by coming q4....

Posted by nordimohd > 2014-08-14 21:21 | Report Abuse

i3i2i1,
fundemental is the best depend n i believe u could have read assessment by SJSOON wth TP RM3.00...it varies from diferent research houses from about rm2.40 to rm2.70...u can go those reports from this link....

http://www.bursamalaysia.com/market/listed-companies/list-of-companies/plc-profile.html?stock_code=9261&current_stock=2291

Posted by nordimohd > 2014-08-14 21:26 | Report Abuse

Investeye,
yes i did made 10sen profit bought @70 sen n sold @80sen...about rm30k from 300k units

Posted by nordimohd > 2014-08-14 21:28 | Report Abuse

but move to gadang now i made paper gain 120%

Posted by nordimohd > 2014-08-14 21:40 | Report Abuse

anyway as i said earlier may be last week....azrb is very long term play....to me azrb is currently just cleaning up itself such financial gearing n etc, bulding up the strength to be ready for mega project probably more than rm8bil such speed train gua musang-kl estimated rm30bil and some other mega highway along east coast n EKVE just kind of capability test...

Posted by nordimohd > 2014-08-14 22:23 | Report Abuse

put it this way, my opinion azrb is some kind of billionaire in the making....just like Vencent Tan, Ananda K and so on....n currently billionaire in progress is Tan Sri Kok Onn of gadang...

Posted by nordimohd > 2014-08-14 22:50 | Report Abuse

The no.1 long term player.....
http://www.cnbc.com/id/101914667

Posted by i3i2i1 > 2014-08-15 09:04 | Report Abuse

wah...

Posted by nordimohd > 2014-08-15 10:57 | Report Abuse

this is related to azrb palm oil current & future income....
star bizz "Palm slides to near 5-yr low on fears of surging edible oil supply"

http://www.thestar.com.my/Business/Business-News/2014/08/15/Palm-slides-to-near-5yr-low-on-fears-of-surging-edible-oil-supply/

Posted by i3i2i1 > 2014-08-15 11:04 | Report Abuse

bila ada chance mau naik..ada aje yang bad news.... arab news how? mid aug liao.. conspiracy? show me the money! :(

Posted by nordimohd > 2014-08-15 11:06 | Report Abuse

i3i2i1,
azrb long term play maaa....

Posted by AhMoi > 2014-08-15 14:03 | Report Abuse

Then..... in 2010


In a one-off episode, our overseas Construction division suffered a blow to its Al Faisal University project when the client decided to repudiate our claims and terminate the contract in August 2010 through the unilateral seizing of our performance and advance payment bonds. Such actions
constituted a breach of contract and as a result, impaired an otherwise excellent overall performance of the group.

The events in Saudi Arabia brought down the results of the Group to a loss before tax of RM49 million which then translated into a net loss after tax of RM61 million. This is due to a full write off of excess costs associated with AFU project totaling RM93.6 million.



Now.... in this Q????


When this full write off of excess costs associated with AFU project totaling RM93.6 million is written back as the matter is now resolved.... it will add on RM 0.1935 (93,600,000/483,540,000) to AZRB's EPS and NTA



In this Q???? well, may be not, but in Q3 Q4 very likely

So for this year, this will make the dilutive effect of the Rights Issue disappear.....


In any case, it is always good to recover a loss

Posted by AhMoi > 2014-08-15 14:06 | Report Abuse

Source : RHB
Stock : AZRB Price Target : 0.96 | Price Call : BUY
Last Price : 0.735 | Upside/Downside : +0.225 (30.61%)

Back

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 (

Posted by i3i2i1 > 2014-08-15 14:11 | Report Abuse

buy buy buy..but i see only going down today :(

Posted by AhMoi > 2014-08-15 14:51 | Report Abuse

Al Faisal University project..... old crap


When this full write off of excess costs associated with AFU project totaling RM93.6 million is written back as the matter is now resolved....


it will add on RM 0.1935 (93,600,000/483,540,000) to AZRB's EPS and NTA

Posted by nordimohd > 2014-08-15 15:02 | Report Abuse

AhMoi,
TQ for sharing...

Posted by AhMoi > 2014-08-15 15:08 | Report Abuse

sama sama....

Posted by AhMoi > 2014-08-15 15:18 | Report Abuse

NAB now 0.7872

+ 0.1935

= 0.9807 after the middle east people paid up


also, this is before all the revaluation of properties not done, as highlighted by Calvin, easily 0.30 to 0.50 per share more

Posted by i3i2i1 > 2014-08-15 15:52 | Report Abuse

tq Ah Moi... you make me feel in the right path... just need to be patient..