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KLSE (MYR): AZRB (7078)

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Last Price

0.235

Today's Change

+0.015 (6.82%)

Day's Change

0.22 - 0.24

Trading Volume

2,508,800


12 people like this.

8,224 comment(s). Last comment by pineapple 9 hours ago

Investeye

2,347 posts

Posted by Investeye > 2016-03-25 12:57 | Report Abuse

KUALA LUMPUR: Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) has awarded the first viaduct work package for the MRT Sungai Buloh-Serdang-Putrajaya (SSP) Line to to Ahmad Zaki Resources Bhd's unit.

It said on Friday the work package V202 involved the viaduct guideway and other works for a 4.5km stretch of the SSP Line elevated guideway from Persiaran Dagang to Jinjang, Kuala Lumpur.

“The contract sum for the work package is RM1.44bil,” it said.

MRT Corp said the award was made following a One Stop Procurement Committee (OSPC) meeting chaired by Prime Minister Datuk Seri Mohd Najib Tun Abdul Razak.

AZRB is currently a contractor for the MRT Sungai Buloh-Kajang (SBK) Line for work package V6.

“As a result, it was pre-qualified to tender for viaduct work packages for the SSP Line. Work Package V202 was reserved for Bumiputera contractors,” it added.

MRT Corp CEO Datuk Seri Shahril Mokhtar said it was a historic moment for the first major work package for the SSP Line to be awarded.

“With this award, construction of the SSP Line is truly on the way,” he said, adding this was very significant being the first work package for the project was awarded to a Bumiputera company.

“The Bumiputera participation target set by the Government was increased to 45% of the total value of all work packages for the SSP Line, up from 43% for the SBK Line,” he added.

So far, contracts awarded to Bumiputera contractors for the SBK Line were at 50%, surpassing the government's 43% target.

Shahril said the successful tender was determined on a best evaluated tender basis, where the tender was evaluated on technical as well as commercial aspects. As such, the successful tender might not necessarily be the tender with the lowest price.

“However, in this case, the successful tender had scored the highest in both areas, emerging best in the technical evaluation and having the lowest price among the three tenders received,” he said.

MRT Corp will be issuing the letter of award to the successful contractor in the near future.

The 52.2km SSP Line includes a 13.5km underground portion. It will have 37 stations, 11 of them underground stations.

There are 66 work packages being tendered to build the SSP Line. They include 10 viaduct guideway packages, one underground works package, two depot work packages, 10 station work packages, and 15 multi-storey park and ride work packages.

The remaining tenders are for advance Works, connectivity, systems, designated suppliers and designated contractors.

crystal168

1,663 posts

Posted by crystal168 > 2016-03-25 13:56 | Report Abuse

:)

kwongliang

549 posts

Posted by kwongliang > 2016-03-25 14:10 | Report Abuse

not announced at bursa???????

Diven Teh

3,892 posts

Posted by Diven Teh > 2016-03-25 14:17 | Report Abuse

azrb should be on par with gamuda not less than 70 cts..

angct1028

466 posts

Posted by angct1028 > 2016-03-25 14:36 | Report Abuse

add some more looooo....

JKing

239 posts

Posted by JKing > 2016-03-25 14:43 | Report Abuse

1.4bil MRT contract awarded, reported in the star new paper

Posted by Vincent Tan > 2016-03-25 15:01 | Report Abuse

on top of this there is still another 3 billions plus of oustanding order in hand

UMA

692 posts

Posted by UMA > 2016-03-25 16:03 | Report Abuse

Contra buy in...next weet sell..gogogo!!!

UMA

692 posts

Posted by UMA > 2016-03-25 16:04 | Report Abuse

All in

UMA

692 posts

Posted by UMA > 2016-03-25 16:04 | Report Abuse

Tp1.0 coming!!

Diven Teh

3,892 posts

Posted by Diven Teh > 2016-03-25 16:21 | Report Abuse

buy and keep.

crystal168

1,663 posts

Posted by crystal168 > 2016-03-25 16:33 | Report Abuse

??

"Diven Teh >>> buy and keep.
25/03/2016 16:21"

"Diven Teh >>> game over kot
25/03/2016 11:17"

Investeye

2,347 posts

Posted by Investeye > 2016-03-25 18:44 | Report Abuse

Not really, hopefully will perform better by coming week

Investeye

2,347 posts

Posted by Investeye > 2016-03-26 00:32 | Report Abuse

AZRB is already achieved its target order of 2016 just within 1st Q of 2016!
http://www.stockhut.com.my/news/91237

Posted by Vincent Tan > 2016-03-26 11:13 | Report Abuse

approximately 5 billions oustanding order in hand and the market cap of AZRB is a mere 300+millions at the current price, long way to go

Investeye

2,347 posts

Posted by Investeye > 2016-03-26 13:58 | Report Abuse

阿末查基(AZRB,7078,主板建筑股)于3月25日闭市时反弹了。它于闭市时收73.5仙,按日涨4.5仙或6.52%。
阿末查基的日线图表走势,于3月25日的交投趋势,突破一道短期顶头阻力线(B1:B2)上报收。
它的日线平滑异同移动均线指标(MACD),于2016年3月25日的交投走势,已处于一段持续上升趋势。
它处于“0”支撑线下波动,阿末查基的后市交投走势,料会出现一段回试下限支持线的支撑。
阿末查基的日线图表走势于回试后,或会显现一段反弹走势,或会上挑74至83仙的阻力位。
免责声明
本文纯属技术面分析,仅供参考,并非推荐购买。投资前请咨询专业金融师。http://www.nanyang.com/node/754362

jenn

144 posts

Posted by jenn > 2016-03-28 07:40 | Report Abuse

today 80c

Investeye

2,347 posts

Posted by Investeye > 2016-03-28 09:37 | Report Abuse

Expect to move up again after some profit taking...

The One

2,949 posts

Posted by The One > 2016-03-28 09:38 | Report Abuse

Hows Azrb today?

Posted by nsyee28282828 > 2016-03-28 10:29 | Report Abuse

profit taking

Posted by nsyee28282828 > 2016-03-28 10:30 | Report Abuse

fair value is how much now?

The One

2,949 posts

Posted by The One > 2016-03-28 10:59 | Report Abuse

Hmm.. heavy non-stop sell-offs after being awarded a mega huge project.. amazing..

Diven Teh

3,892 posts

Posted by Diven Teh > 2016-03-28 11:17 | Report Abuse

agreed with lotus.. with so many project on going the value should be on par with GAMUDA

The One

2,949 posts

Posted by The One > 2016-03-28 11:19 | Report Abuse

Yup.. too many cronies who wanted to make quick bucks without thinking about the company's prospect..

adamwk

25 posts

Posted by adamwk > 2016-03-28 15:26 | Report Abuse

insider trading, they collected before news out. sigh...

The One

2,949 posts

Posted by The One > 2016-03-28 16:08 | Report Abuse

Its normal in our bourse of course.. however.. me opine Azrb most prolly be going upward once the heavy profit takings / sell-offs are absorbed..

mamatede

3,950 posts

Posted by mamatede > 2016-03-28 23:09 | Report Abuse

Is the Serdang to Putrajaya line awarded to Suncon Or AZRB?

Investeye

2,347 posts

Posted by Investeye > 2016-03-28 23:34 | Report Abuse

This viaduct work package V201 for the construction of the MRT Sungai Buloh-Serdang-Putrajaya (SSP) line worth 1.21b awarded to Sunway Construction Sdn Bhd.
AZRB got a bigger cake 1.44b. Of course Gamuda_MMC expect to get biggest.but it is alrrady good enough as this year to date almost got close to 2b for AZRB group. With the improvement of plantation(plam tree approach higher productivity age & plam oli price improved) should make AZRB perform better for next few quarters.

mamatede

3,950 posts

Posted by mamatede > 2016-03-28 23:42 | Report Abuse

Bigger at 1.44b... but the distance built is only 4.4KM.. Means AZRB has a higher profit margin.. Hope this translate to a higher earning.. instead of an indication of the company's inefficient.

Posted by buddyinvest > 2016-03-28 23:46 | Report Abuse

Mama, so green. It simply means that AZRB has to take care of many private pockets compared to other winners

Diven Teh

3,892 posts

Posted by Diven Teh > 2016-03-29 10:22 | Report Abuse

after getting the contract and the share still drop again better dont buy this bullshit counter anymore. not worth it...

Investeye

2,347 posts

Posted by Investeye > 2016-03-29 11:18 | Report Abuse

Still believe AZRB will perform soon after the profit taking..

Posted by nsyee28282828 > 2016-03-29 12:09 | Report Abuse

profit taking continues...

Posted by Jolin Lai Chi Pet > 2016-03-29 13:31 | Report Abuse

better buy Pesona!!!!!!!!!!!!

The One

2,949 posts

Posted by The One > 2016-03-29 23:57 | Report Abuse

Azrb should not remain a penny stock forever. It is trading at its NTA and its P/E of 15 is still low compared to its peers. Now with the recent mega bil contract awarded and other on-going projects in hand inlcuding oil palm.. me opine its about time for Azrb to trend upward..

dr_jogho

486 posts

Posted by dr_jogho > 2016-03-30 08:27 | Report Abuse

base on chart yesterday AZRB will back to up today or tomorrow.

Teh Diven

4,155 posts

Posted by Teh Diven > 2016-03-30 09:52 | Report Abuse

Kuku bird counter

Posted by bunga_raya > 2016-03-30 11:22 | Report Abuse

Won't drop w/o reason. If check qtr report plantation remain a drag with heavy loss.

The One

2,949 posts

Posted by The One > 2016-03-30 11:37 | Report Abuse

Similar to Suncon.. also dropped after recently awarded a huge contract too.. amazing.. hmm

The One

2,949 posts

Posted by The One > 2016-03-30 12:35 | Report Abuse

I dont understand.. still bidding or already awarded?

http://www.theedgemarkets.com/my/article/suncon-ahmad-zaki-confirm-bidding-mrt-jobs

Henly30a

192 posts

Posted by Henly30a > 2016-03-30 15:24 | Report Abuse

Haven receives letter of award !!!!!!!!!!!!!!!

Investeye

2,347 posts

Posted by Investeye > 2016-03-30 15:26 | Report Abuse

Loa not issue to AZRB yet...may be this is thebreason. I believe it plantation performance will be better since the plam oil price improved and it plam trees approach golden age will compensate the EI Nino

greatful

1,644 posts

Posted by greatful > 2016-03-30 21:14 | Report Abuse

means still has risk of rejection

The One

2,949 posts

Posted by The One > 2016-03-30 21:51 | Report Abuse

... ???

sell

2,456 posts

Posted by sell > 2016-03-30 22:59 | Report Abuse

My sifu AyamTua bought at 51 sen and sell above 70 sen for 40% profit. Good luck to those still chasing.

The One

2,949 posts

Posted by The One > 2016-03-31 08:30 | Report Abuse

So.. actually confirmed awarded but waiting for the black and white..

http://www.mymrt.com.my/en/awarded-contracts-ssp

ateng

86 posts

Posted by ateng > 2016-03-31 11:31 | Report Abuse

itu ayamtua hidup lagi ka

mamatede

3,950 posts

Posted by mamatede > 2016-03-31 12:17 | Report Abuse

Bye2 Ayamtua and Sell.. we will be chasing until the end..haha

Posted by Mike Yap > 2016-03-31 16:13 | Report Abuse

Waiting patiently for rebound.hopefully can push above 80 sen this time.

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