Posted by Investeye > 2014-08-26 21:55 | Report Abuse

It is a good sign but not impressive. The price may slight up tomorrow (I hope)...

Posted by Lollipot Anison > 2014-08-26 23:52 | Report Abuse

NTA in fact drop to 0.67.

Posted by sunztzhe > 2014-08-26 23:56 | Report Abuse

TO cut a Long Story short..
AZRB Price had run ahead of its fundamentals..

Posted by 4u2c > 2014-08-27 01:14 | Report Abuse

not easy to be a billion dollar company......at least they are showing profits .......if 2 cts , it wld hv been great ......lets see next qtr........what to do but hold it tight ,like i hold my mum...

Posted by lks_5291 > 2014-08-27 07:42 | Report Abuse

Still haven't get back the money SAR 92,570,300:

The Group is now in the process of submitting this award and judgment to the local courts in Saudi Arabia for enforcement

Posted by AhMoi > 2014-08-27 08:13 | Report Abuse

Well, I would say based on the result, RHB's TP at 0.96 is good. AZRB is a BUY.

There has been no escalation of costs, and margin for construction was higher compared to last year.

Project wins for this year so far so good and RHB's target at mere RM 500 millions is an insult.

Posted by i3i2i1 > 2014-08-27 12:07 | Report Abuse

new advertisement: http://www.thestar.com.my/Business/Investing/2014/08/27/RHB-Research-maintains-Buy-on-Ahmad-Zaki/

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

KUALA LUMPUR: RHB Research has maintained its Buy call on Ahmad Zaki with a fair value of 96 sen, adding that the group 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.

In a note on Wednesday, its current outstanding construction orderbook of MRM2.1bil may increase by RM1.55bil to RM3.6bil when the RM1.55bil East Klang Valley Expressway (EKVE) hits the ground over the immediate term.

“We also like Ahmad Zaki 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 currently under construction (38% completed), and the EKVE under planning.

“In addition, there is tremendous value in its 21,000ha oil palm plantations (23% planted) in West Kalimantan, Indonesia,” it said.

RHB expects Ahmad Zaki’s net profit to hit the RM30mil mark in FY15 from less than RM6mil in FY13, backed by improved construction profits as key construction jobs hit major billing milestones, and in the absence of further provision for overseas losses.

Also, reduced plantation losses at its oil palm plantations in Indonesia, which begin to attain maturity, organic growth at its bunkering operation, interest savings thanks to RM103.3mil proceeds from the recent rights issue, and normalization of its effective tax rate.

Posted by AhMoi > 2014-08-27 12:18 | Report Abuse

Yes, I would say based on the result, RHB's TP at 0.96 is good. AZRB is a BUY.

also, the Indon plantation's loss is inclusive of a RM 2 mils currency loss which can go either way

Posted by nordimohd > 2014-08-27 17:04 | Report Abuse

FY 2013 the lost on plantation is rm27mil...

Posted by 4u2c > 2014-08-27 19:56 | Report Abuse

break the 70 cts barrier...at this range for quite a while already

Posted by nordimohd > 2014-08-27 20:40 | Report Abuse

"disregard the fundamental" to me technically azrb look good at least starting from period from 9/5 till today but require of late good volume before can buy in....

Posted by 4u2c > 2014-08-28 02:13 | Report Abuse

shld buy on fundamentals ....why follow the crowd ? 70 cts range ,unlikely to go down....more likely up......i will top up....

Posted by nordimohd > 2014-08-28 05:40 | Report Abuse

to me @ eps 1.1cent on last qtr report show that azrb is too pricey looo...

Posted by drkervokian > 2014-08-28 07:32 | Report Abuse

Go go go. Short term 78 cents. By first two weeks September 82 cents.

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

Dilution of eps in the quarter to june was expected..... and quite ok at 1.1 sen

From the result, I am expecting the construction revenue in the quarter to sep to double that of the last quarter

Posted by i3i2i1 > 2014-08-28 09:30 | Report Abuse

i enter again below 0.72 :)

Posted by 4u2c > 2014-08-28 10:07 | Report Abuse

good decision if base on ah Moi view. Im buying the warrants ....

Posted by steveooikp > 2014-08-28 11:20 | Report Abuse

never go below 70... ... lowest at 72.5...

Posted by i3i2i1 > 2014-08-28 13:50 | Report Abuse

im sure they will try to push down a bit before fly.. watch..

Posted by nordimohd > 2014-08-28 19:01 | Report Abuse

i3i2i1,
yes get ready for 2nd liners goreng time about to come for at least for 2 weeks after more than 2 weeks bskl goreng on 3rd liners....fasten yr sit bell and relax for up hill ride...

Posted by i3i2i1 > 2014-08-29 09:19 | Report Abuse

er... wa better or mother? im still really blur on how to choose :(

Posted by i3i2i1 > 2014-08-29 09:19 | Report Abuse

i think today mother will go down below or at 720

Posted by i3i2i1 > 2014-08-29 09:34 | Report Abuse

i wait at 710

Posted by i3i2i1 > 2014-08-29 11:46 | Report Abuse

some more some more!!

Posted by SarifahSelinder > 2014-08-29 11:51 | Report Abuse

adoi... bang...

satu bucket ice water untuk I, please

Posted by i3i2i1 > 2014-08-29 11:54 | Report Abuse

mau suruh PUAS tutup bekalan air oh! main ICE aje... kasi semua kecut kecut.. baru best! :)

Posted by i3i2i1 > 2014-08-29 11:58 | Report Abuse

ada orang kacau at 715 :(

Posted by 4u2c > 2014-08-29 12:01 | Report Abuse

what u mean kacau ? selling or buying

Posted by AhMoi > 2014-08-29 15:21 | Report Abuse

i3i2i1 I have just had my 0.71... your turn now

Posted by i3i2i1 > 2014-08-29 15:28 | Report Abuse

aiya.. why you infront of me? should let your little brother first mah.. serve the kids first :)
now im hungry and still waiting my turn.... chef! faster serve!

Posted by AhMoi > 2014-08-29 15:28 | Report Abuse

lady 1st

Posted by i3i2i1 > 2014-08-29 15:30 | Report Abuse

kids.. then ladies :(

Posted by i3i2i1 > 2014-08-29 15:30 | Report Abuse

how many you get already? still a lot in q..

Posted by AhMoi > 2014-08-29 15:30 | Report Abuse

well it is in my pocket now, be early next time ; )

Posted by i3i2i1 > 2014-08-29 15:31 | Report Abuse

someone try to prevent me.. haiz...

Posted by i3i2i1 > 2014-08-29 15:32 | Report Abuse

i will cry if im forced to get into 715 in last 10 min..

Posted by AhMoi > 2014-08-29 15:37 | Report Abuse

now now don't cry, it would not just swing between 0.71 - 0.74 again and again.... once stale bulls gone... it will go up much more... 0.715... 0.715 la ; )

Posted by i3i2i1 > 2014-08-29 15:52 | Report Abuse

but i saw quite some inpatient... so jump to 715 :(

Posted by i3i2i1 > 2014-08-29 16:13 | Report Abuse

aiya aiya.. 715 getting bigger, larger, growing.... Sarifah...not you there right? got ICE already? kejut already or not? :(

Posted by nordimohd > 2014-08-29 16:31 | Report Abuse

i3i2i1,
why worry so much the price just touching the bottom of bolinger band mean at least temporary bottom for azrb n MACD is still very much in positive territory...and now KLCI is in the end part of recovery phase from correction that started in mid July....so take long breath and relax... kikiki...relax

Posted by i3i2i1 > 2014-08-29 16:36 | Report Abuse

no no.. i just worry i didnt get it... both 715 and 710 under q but seems my pc freezed.. no more movement :(

Posted by i3i2i1 > 2014-08-29 16:36 | Report Abuse

but i can type in forum :)

Posted by 4u2c > 2014-08-29 16:43 | Report Abuse

go buy some warrants lah........easy and fast...

Posted by i3i2i1 > 2014-08-29 16:50 | Report Abuse

wa really in good price?

Posted by i3i2i1 > 2014-08-29 16:51 | Report Abuse

haha AhMoi, then why you still here and bought at 710?

Posted by i3i2i1 > 2014-08-29 16:53 | Report Abuse

may be this week nasib+fengshui not good lar.. make some loss, not able to q... haiz... kuai kuai relax first

Posted by AhMoi > 2014-08-29 16:58 | Report Abuse

merdeka sales you didn't get... next week no more... ;)

Posted by i3i2i1 > 2014-08-29 17:06 | Report Abuse

haha.... i doubled the buy and persist q at 715.. it seems seller more desperate than me.. all 715 sapu.. ok lar..

Posted by 4u2c > 2014-08-29 17:17 | Report Abuse

Im sure,AZRB is good investment........