AHMAD ZAKI RESOURCES BHD

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

Posted by cryhappy > 2016-03-31 17:14 | Report Abuse

wait for tomorrow...hope can fly rocket

Investeye

2,347 posts

Posted by Investeye > 2016-03-31 22:38 | Report Abuse

Still hold most of the AZRB and wait for my expect tp of at least >RM0.79

The One

2,949 posts

Posted by The One > 2016-04-01 12:36 | Report Abuse

Waiting for the LoA be received and accepted.. then only considered secured..

The One

2,949 posts

Posted by The One > 2016-04-01 17:22 | Report Abuse

Accumulation still in progress. Huge sell queues at 0.705/0.710 fully absorbed near closing..

Posted by Jolin Lai Chi Pet > 2016-04-03 15:07 | Report Abuse

fake Q..............it will dive

Henly30a

192 posts

Posted by Henly30a > 2016-04-03 21:07 | Report Abuse

monday up 2 cents !!!!!!!!!!!!!!!

pro888

182 posts

Posted by pro888 > 2016-04-04 13:22 | Report Abuse

LOA issued.

Investeye

2,347 posts

Posted by Investeye > 2016-04-04 14:00 | Report Abuse

The Board of Directors of Ahmad Zaki Resources Berhad (“AZRB” or “the Company”) is pleased to announce that its wholly-owned subsidiary, Ahmad Zaki Sdn Bhd had on 1 April 2016 received a Letter of Acceptance (“LoA”) from Mass Rapid Transit Corporation Sdn Bhd (“MRT Corp”) (“the Award”) for a project known as “Package V202: Construction and Completion of Viaduct Guideway and Other Associated Works from Persiaran Dagang to Jinjang” (“the Works”).

Information on the Works

The Award for the Works amounts to a total value of RM1,439,529,169.38.

Financial effects

The Works is expected to contribute positively to the Group’s future earnings.

The One

2,949 posts

Posted by The One > 2016-04-04 14:07 | Report Abuse

Finally.. sealed. Thanks for sharing..

Hk Wong

420 posts

Posted by Hk Wong > 2016-04-04 14:36 | Report Abuse

AZRB fits squarely into the category of a smaller-cap pure contractor
with decent order book growth and new recurring income assets, and
that is hugely undervalued relative to its RNAV. Longer-term recovery
prospects are underappreciated, in our view. AZRB is worth double its
market value.

Hk Wong

420 posts

Posted by Hk Wong > 2016-04-04 14:38 | Report Abuse

Based on our estimates, the stock 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 YTD. For AZRB, we apply 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/share, which implies an upside of 103%.

Henly30a

192 posts

Posted by Henly30a > 2016-04-04 15:04 | Report Abuse

Jolin Lai Chi Pet fake Q..............it will dive
Ans: u wrong again !!!!!!!!!!!!!!!! HHHHHHHHHHHHHHHHaaaaaaaaaaa

Investeye

2,347 posts

Posted by Investeye > 2016-04-04 15:26 | Report Abuse

AZRB share should more than RM1.00 if following division show more positive result:
1) Oil and Gas Division: Claimed no impact of global oil price and expects increasing contribution from its operations at Tok Bali Supply Base.
2)Plantation Division: expects to generate higher revenue and start to contribute to the group as yields of Fresh Fruit Bunches (FFB) to continually improve, plam oil price up and stringent cost controls of this division.

SALAM

1,072 posts

Posted by SALAM > 2016-04-04 17:19 | Report Abuse

Investeye, are u sure their OP plantation is in production??????

The One

2,949 posts

Posted by The One > 2016-04-04 20:03 | Report Abuse

Huge sell queues at 0.710/0.715 fully absorbed near closing. All indicators show uptrend in progress..

Investeye

2,347 posts

Posted by Investeye > 2016-04-04 21:48 | Report Abuse

Salam, Base on lasr q result, the plantation was the major loss that drag down AZRB and in fact O&G was at profit of 14mil. The plantation of 4700+ha is still at initial harvest stage.

hw0706

834 posts

Posted by hw0706 > 2016-04-04 21:52 | Report Abuse

For me.if there do not know how to manage plantation better sell it off

mamatede

3,950 posts

Posted by mamatede > 2016-04-04 23:48 | Report Abuse

With many projects won in the past 6 months.. This counter might be the next darling ~

Posted by Jolin Lai Chi Pet > 2016-04-05 12:27 | Report Abuse

after lunch, it will go down.............

nickyeo55

1,092 posts

Posted by nickyeo55 > 2016-04-05 13:02 | Report Abuse

Haha Jolin everywhere u go u predict the counter will go down trend. I guess u r hunger to buy

nickyeo55

1,092 posts

Posted by nickyeo55 > 2016-04-06 09:09 | Report Abuse

Jolin have u bought some already ?
Jolin even if u dont , happy trading also.

dr_jogho

486 posts

Posted by dr_jogho > 2016-04-06 10:19 | Report Abuse

many project AZRB got this year.

http://www.azrb.com/Newsroom.html

Henly30a

192 posts

Posted by Henly30a > 2016-04-06 11:37 | Report Abuse

AZRB lailo!!!!!!!!!!!!!!!!!!!

winshare

207 posts

Posted by winshare > 2016-04-06 12:17 | Report Abuse

.75 today TP

spectre007

1,408 posts

Posted by spectre007 > 2016-04-06 13:02 | Report Abuse

At least 77 sen

Posted by Jolin Lai Chi Pet > 2016-04-06 13:12 | Report Abuse

Tp Rm1 before hari raya.............

Investeye

2,347 posts

Posted by Investeye > 2016-04-06 16:25 | Report Abuse

AZRB will rock again..

dr_jogho

486 posts

Posted by dr_jogho > 2016-04-07 09:55 | Report Abuse

yesterday its biggest volume in the last week

The One

2,949 posts

Posted by The One > 2016-04-07 13:45 | Report Abuse

•_• .. ↑↑↑

Henly30a

192 posts

Posted by Henly30a > 2016-04-07 14:15 | Report Abuse

1st resistance 72.5 cents already broken, afternoon breaks 75cents???????????????????

Henly30a

192 posts

Posted by Henly30a > 2016-04-07 14:44 | Report Abuse

power Ranger !!!!!!!!!!!!!! power go gggggggoooooooooGo!!!!!!!!!!!!

mamatede

3,950 posts

Posted by mamatede > 2016-04-07 15:22 | Report Abuse

check their financial yoy quarter increasing from the same quarter from the previous year also increasing.. with all the contract winning.. this improvement will be more significant in the next quarter

The One

2,949 posts

Posted by The One > 2016-04-07 16:45 | Report Abuse

•_• .. ↑↑↑ very high volume. Today 75 sen broken.. next 80 sen..

SALAM

1,072 posts

Posted by SALAM > 2016-04-07 16:50 | Report Abuse

>RM3B contracts in hand. will be busy for next 4 yrs with positive recurrent income...Hahahahaha

Posted by Jolin Lai Chi Pet > 2016-04-07 20:26 | Report Abuse

should break 80cents tomorrow.............

Posted by Zhuge Liang > 2016-04-08 09:55 | Report Abuse

break what ?

FX Lee

5,194 posts

Posted by FX Lee > 2016-04-08 11:07 | Report Abuse

now 77c

Posted by Vincent Tan > 2016-04-08 11:19 | Report Abuse

anyone care to update on the pending receipt of RM79.6m from successful claim for damages due to the wrongful termination of Al-Faizal University project?

Investeye

2,347 posts

Posted by Investeye > 2016-04-08 11:29 | Report Abuse

Disposed portion to take profit..

VinTan

157 posts

Posted by VinTan > 2016-04-08 11:36 | Report Abuse

buying intensifies

Posted by Jolin Lai Chi Pet > 2016-04-08 12:03 | Report Abuse

limit up after lunch break......

Posted by inlandmarks > 2016-04-08 12:45 | Report Abuse

Why the trade n other receivables in balance sheet was Rm1.2 billion, but quarterly sales only about 230 million? Will it be substantial bad debt? Or it was due to other reasons?

Posted by Alex Lim Jun Xiong > 2016-04-08 12:47 | Report Abuse

I just pump all my money at 77 cents, today high will be future low.
Target RM1.10

iPlay

1,812 posts

Posted by iPlay > 2016-04-08 13:06 | Report Abuse

Chi Pet. Gua caya sama lu lah!!! Limit up after lunch....

The One

2,949 posts

Posted by The One > 2016-04-08 13:21 | Report Abuse

•_• .. very high buying volume in the 1st session. ↑↑↑ today.

mamatede

3,950 posts

Posted by mamatede > 2016-04-08 13:23 | Report Abuse

if you go through all the announcement, you will see substantial contract awarded, same with mitra with PE lower than 10. In the next quarter you will start to see material effect on the balance sheet with all of these awarded contract. thats when you know you are investing in the future.

Posted by Zhuge Liang > 2016-04-08 15:01 | Report Abuse

will close @ .745 before down more...

Posted by Zhuge Liang > 2016-04-08 16:23 | Report Abuse

see no strenght to go up...

Henly30a

192 posts

Posted by Henly30a > 2016-04-08 16:28 | Report Abuse

Before 4.30 pm cleared off previous T+3 ,probably will close at 76cents.

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