i3i2i1, ok busy on other thing...yes farmbes-wb up a bit, bought last week while monitoring azrb...anyway i quit azrb last year (sold 300k unit @80cent) n now focus on gadang (long term) n farmbes-wb (short term)but still monitoring azrb for future investment, for now just wait n see from outside only cause last qtr result is soo poor, eps just 1.1 cent way below my expectation between 4 cent to 5 cent...
disregard the fundamental, azrb has bottomed out n weekly n daily charts suggest likely going up but dono how far may be above 80cent..
AhMoi, to me stock mkt is just like durian season..this time has been up for about 5 years,it is seasonal thing for sure one have to have daily bizz activity can not be 100% on stock....
just to share my opinion on the current mkt, to me based on today KLCI movement bull cycle is almost over, due to the following reasons : 1. the mkt volume has been extremely high >2.5bil daily for more than a month..(fund mgr n stockist cashing out???)
2. All the major indicators MACD, RSI n stochastic just having small positive bias...
3. however technically can be quickly very positive if there is a major break out...
yalor... now im looking for good counter+good div to give some protection. @Nordi, AhMoi, have you have a look at tguan and its ICUL? any expertise advice? i just afraid another BONIA which after split, go down very much
i3i2i1, I am monitoring the big picture n not too worry to any stock....to me i need to see the clear horizon before buying anything cause most if not all the stocks are currently almost at the cloud 9 level.....kiki
i3i2i1, infect ILB n Farmbes (n Farmbes-WB) are among the good fundamental n technical (weekly as well as daily) counters to buy if u dare to take the risk on the big picture....but I don't...
They can secure billions of dollars of projects...soooooo easily.Maybe they hv AhMoi as the salesperson. The weakness in this company is that , they just cant translate all those into capital gain. They actually, need people like nordimohd..
4u2c, I am just the car driver need to have good front light n good smooth road to move forward in the dark night...as if now got a lot of elusive pot holes....better stay outside n go to sleep....not worth the risk...
gross return on last qtr eps just around 4%return...mean either azrb is inefficient n poor project executor or suspected somebody is cashing out part of the profit form back door such as through the sub contractors and supply-chain management...
i suspect got back many backdoors when i first entered this share.Remember ? I gave them the benifit of the doubt,as the Arab Uni project really drained their cash.....They are picking up....next Q hopefully more encouraging earnings....next year with the palm oil sales, easily share price up 30 pct...
Kenapa Azrb palm oil business losses so big in 2013 and recent quarter, I tak faham, apa expenses besar sangat?? Gaji? or what? someone can explain or not?? Thanks
somebody explained before...lost due to foreign exchange amount to rm5mil but the number doesn't add up to rm27mil n the rest of rm22mil lost is just anybody guess.....
now indon law makers are proposing 30% maximum cap for foreign investors so likely a lot asset force sell to indon local companies will happen soon once the law approved...so eventually the best for us probably is to look at the company that having a lot of exposure in msian domestic bizz....
why worry so much on azrb....there are almost 1000 more counters to chose from for investment...more critical part is fundemental & technical analysis on big picture n detail picture on counters before investing.....
KUALA LUMPUR: CIMB Equities Research estimates Ahmad Zaki Resources Bhd (AZRB), with its last traded price at 72 sen, is worth double its value today.
“The share price is a big laggard when compared to the share prices of other small-cap contractors or other small-cap stocks in general, which have surged or even doubled year-to-date,” it said on Monday.
CIMB Research said for AZRB, it applied a 50% discount to AZRB's RNAV/share of RM2.95.
“The 50% discount is fair in our view and it is higher than the 10%-40% we apply to the construction stocks under our coverage. We arrive at an implied value of RM1.48 a share, which implies an upside of 103%,” it said.
CIMB Research said based on its estimates, the stock is worth double its value. The share price is a big laggard when compared to the share prices of other small-cap contractors or other small-cap stocks in general, which have surged or even doubled YTD.
“AZRB's business structure is similar to the likes of Gamuda and IJM Corp i.e. an order book-driven construction earnings, backed by stable and predictable earnings from property development, with more lucrative margins coming from other segments like its oil & gas bunkering facilities. There are also inherent values from its property and plantation land banks.
“Construction and oil & gas are the two major profit generators for AZRB, with contributions coming in at an equal split,” said the research house.
TP got revised? or still the same... see, i say already the news really come true...luckily i sapu at 710, 705.. AhMoi, open kopitiam, see azrb is enough lar.. @Nordi: shows begin, are you coming?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
AhMoi
5,802 posts
Posted by AhMoi > 2014-09-04 17:18 | Report Abuse
September is a not so good month for shares, so I heard...........