I bought AZRB because it has projects and was a lagger. To be sure I have made money.
An international O&G company not those speculative counters cause I was shifting into safety...
Ya I would have made money if I bought back AZRB last Thursday Friday, but I have made even more by buying into most of other counters.
I hope you didn't buy AZRB because you have searched the whole market last Thursday Friday and noticed that AZRB was one of those which has not gone up much while others have rebounced a lot.....
I thought AZRB plantation hv not yield anything yet. Will get revenue soon to offset their qtrly losses.....They better show gains on this div after the plantation starts producing
apini, for now the immediate game title is construction as clearly spelled in y2015 budget approx rm80 bil for 3 to 5 years to come...n this just like previous oil n gas game which last about 2 years, the construction may have at least have 1 year++ to play once all the global grandmother stories are over such as EU/ECB ebola etc......normally these type of grandmother stories will last the most 6 to 9 months just like the recent one on ukraine/russia...started in march now by oct mostly forgotten
safest to focus on local plantation co but not for now...have to monitor the palm oil price u turn...no worry the palm oil has been down for more than 3 years n still very much intact in bearish cycle...n the interesting part most of the plantation counters are still in cloud 9 despite the bearish palm oil price...i guess these are the counters that will be badly hammered once the grandmother stories taking full effect to overall global mkts...i dont think this counters are good for yoyo game kikiki...
my take the best yoyo game is belong to construction sectors...n good luck
4u2c, azrb n gadang both have palm oil but azrb indon palm oil exposure while gadang local exposure in east msia about 10000 hectore...?however gadang has different type of exposure in indon i.e on power generation and fresh water supply & treatment...
azrb lost rm27mil on plantation in FY2013
anyway of recent news indon cancel the motion to limit 30% foreign holding so gadang n azrb are safe for now...n both potentially will have dabble kick affects, first kick by the construction game and later probably in late 2016 to 2017 the 2nd kick will come form palm oil once its price turn bluish which potentially send the stocks price through the roof...so buy n keep n then selling before pru 14 which last date on 5/5/2018....
those are just my 2cent grandmother opinion...kikiki...n good luck...
apini, dono let wait azrb FY2014 report..my best guess still lost on plantation but less... the beauty about oversea venture is the company can hoard the gain because it is beyond msian law...kikiki
they can always put lost making as much as they can until such time once the exchange rate is favorable to repatriate the gain which will has triple kick affect to the stock price...
apini, so by now i guess u start to understand why gadang n azrb are my favorite counters n u see now no azrb stock price sky rocketing...this what i means when u see gadang price in 2011/2012. perfectly just like other counters price movement...so for long term play just buy man2 slowly2 on the price deep...n keep in the safety box for next 2 years??? after enough buying mean while go play kite n go on holiday till 2017/18...kiki
Slow counter......plantation will help azrb in the near future...2017 /2018 is toooo long. construction revenue is good.Hope profit margin is good.That will do the trick
Ah Moi why feel bad . Today market is very healthy . I will be worry if it goes up . Buy wait then sell . Sell wait then only u buy This is my no standard way of playing in the stock market Have a nice day
Quite sometimes didnt contact them already. Anyway RH GROUP usually goreng during year end. RH group mean Jtiasa, subur tiasa . I dont have their share
o.... "Quite sometimes didnt contact them already.".... I am impressed man!! why not call them for a drink tomorrow?? tomorrow holiday... then we one block here will move over to your Sarawak timber counters and huat kaw kaw... HaHa
Ya eh.... call them for a drink.. now is about year end liao
retire for few years already. i notice their trend is like this only lah.. last time we only talk on official business . Never touch on the market. Have u notice that Tadmax is very low n attractive now ? try to read their announcement and analysis it. i think is a very good buy..
Construction outfit Ahmad Zaki Resources Bhd (AZRB) said it has received a notice of arbitration from its sub-contractor Cobrain Holdings Sdn Bhd, which is seeking a full payment of the final claim totalling SAR14.37 million (RM12.46 million), arbitration cost and other reliefs for a project in Riyadh, Saudi Arabia.
dont think those people will pay....the reason is if dont pay what can azrb do....chop their head n cut their hand? ?? dont think azrb has the power n influance to do that n make me wounder if azrb current price will be holding if that becoming reality.....
chari i agree with u. Dont tell me that there is a very small percentage of Malaysian have the thinking that there is no law n order in this world. Sound quite horrible.
my wife scolded me for being faithful to AZ... where i should only be faithful to her... :( 1 year+ the longest term for me with a counter... but in Aug.. i nearly nearly.... but only 1 day show...
one year plus is very short term already. i guess u bought at a good price. Personally i think u should keep for the time being . if this round market can move, should consider to clear all the stock to keep cash. Hope for the best
haha... i see in different way: 1) in bullish mode, AZ move like turtle 2) now we in bearish or not yet in bullish mode and AZ is ??? turtle fall down from the hill.... 3) more better cheaper counters i think out there waiting to push back... 4) i also plan to get some div based counter (good ones) and looking for the next timing. 5) i believe, next push down around the corner... end of last week until now seems good, entering exiting bear, hopefully can sustain until tomorrow.
guys just wounder wth very little last qtr eps 1+cent (i.e pe 60+) , how come the price still very much holding above 65cent, yes i know alot of projects but what is the point if eps probably next one would be as the last qtr....any help to explain this....
investeye... good to collect below 70cents but i got last time during grand era,, RM1+... cost down with some rights issues.... but still make some loss
En Nordi after the earthquake in the market if it still do not come down, it means tendency to go up is there.nothing can remain there for ever in the same position. so if not down mean up loh. HAHA no need to waste your time looking for the reason. share market movement no need any solid reason. Anyway if u play for short term , buy the warrent lah. it seen to drop more in turn of % than the mother share. Nordi i simply talk only, most likely is wrong. Do u have any target PRICE for this counter ? G9 N TQVM
nick, TQ for sharing your opinion...but i m scare to go in wthout good fundimental....i will wait for next qtr result probably will be out by end Nov....
En Nordi a counter with a very good fundamental also cannot buy if the price is high. Go in when majority of the people face turn very green. come out when they r smiling. So when u buy or sell both should be smiling. Start to do collection n keep for longer term only when every body face turn very very green and crying. HAHA sorry i am a ordinary layman cannot use big word to write. Hopefully today will be a smiling face for u all. bye
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 > 2014-10-19 12:52 | Report Abuse
I bought AZRB because it has projects and was a lagger. To be sure I have made money.
An international O&G company not those speculative counters cause I was shifting into safety...
Ya I would have made money if I bought back AZRB last Thursday Friday, but I have made even more by buying into most of other counters.
I hope you didn't buy AZRB because you have searched the whole market last Thursday Friday and noticed that AZRB was one of those which has not gone up much while others have rebounced a lot.....