Azrb won contract from pnb venture which is the developer of kl118 which is also najibs baby..the current govern will definately look into this 118 very very soon..hopefully no stop order
I don't think the current gov will terminate the on-going projects. If they terminate, they still need to pay compensation and it may cause more harm for ripple effect of job employment. However, they may re-negotiate the terms. Bigger projects like ECRL and MRT3 will be on target 1st to achieve the immediate effect of cutting expenditure of gov. Eventually, they still need capable contractors with the appropriate company size to deliver the infra projects.
Posted by chloe_ts > Aug 3, 2014 10:16 PM | Report Abuse
A to Z RINGGIT BERHAD
Its Salient Factors
AZRB is A Rare Bumi Co. With Class A Standard. Many Govt Projects have been awarded to AZRB over the years. So AZRB will last a long long time.
But The Amazing Things about AZRB is its All Encompassing Businesses! Covering from A to Z!
1) Construction & Engineering.
As of now AZRB Already secured Putrajaya & Langat 2 for RM483 Mil project.
2) OIL & GAS CONTRACTS WITH PETRONAS
This lucrative contract supplying diesel oil to offshore platforms have been making good money. George Kent went Limit Up at the news of O & G Venture.
3) OIL PALM CULTIVATION/
AZRB has 18,500 acres of Oil Palm lands in Indonesia. Bought in year 2005 for only RM449 psf. The losses from Oil Palm cultivation is bearing fruit now as trees are fruiting. Ha! AZRB's Oil Palm fruit can easily make RM449 an acre per month. THE PROFIT POTENTIAL IS IMMENSE HERE! Why buy Jtiasa or other plantation stocks when AZRB SO CHEAP!
4) RECESSION PROOF TOLL ROAD FOR 50 YEARS!
AZRB has been awarded a RM1.55 Billion contract to build highway from Gombak to Kajang. And followed by a 50 years concession. (SILK Has only 33 years for Kajang Toll.) You missed SILK at 40 cents?
Ha! AZRB is Another SILK! So don't miss this round.
5) QUARRY IN TRENGGANU
In year 2003 AZRB bought 50 acres of quarry lands in Trengganu for only RM76,000. Yes! That's the book value. AZRB got it almost free from BN Govt. RM1,500 an acre?
6) LAND BANKING
AZRB also own 30 Acres Commercial Lands in Kuantan. Bought in year 2012 for only RM296K per acre or RM6.80 per sf. How come so cheap? Again Govt Link Mah?
And another 11 acres land in Bentong bought in 2010 for RM697K. Today land in Bentong is worth between RM200K to RM300K or more an acre.
See Pasdec own Pahang lands. Given by BN Mah! Ha! Pasdec went limit up recently. AZRB lands much better. So should have gone limit up like Pasdec.
7) GREATER KL MRT
AZRB with IJM has been awarded the Sungai Buloh - Kajang MRT for a RM1.7 billion project. And being pure Bumi Class A Contractor - more will come. That's why EPF is buying. EPF giving 6% or more dividend lor.
8)UNDERVALUED ASSETS NEVER BEEN REVALUED.
Surprise! Surprise! AZRB has VERY UNDERVALUED ASSETS. Why Go GaGa over CHHB, SBC Corp or Brem for their undervalued assets? AZRB also got mah!
Please refer to Year 2013 Annual Report of AZRB
1) Menara AZRB year 1994. Built one year ago RM55 Millions.
2) 5 Storey Corner Shophouse in Setapak bought in 1997 for RM2.1 Millions. Land size about 3,500 sq ft. or about RM600 psf not including building. Not far away is KLCC going for RM3,500 psf now.
So what is the Current Value of this 5 storey shop house? Anyone in KL?
3) Beside AZRB HQ is a 12,000 sq ft land bought in 2007 for RM1.4 Million. A mainroad frontage commercial land in Setapak for RM116 psf? You must be crazy. Crazy book value?
4) 5 Storey Shop in Setapak bought year 2000 for RM673,000.
RM673K? You can't even get a double storey house in Taman Melawati - much less a 5 storey shophouse in Setapak.
5) 4 Storey Shophouse bought year 2005 for RM704K? Ha! Crazy price again?
Years back Calvin SAW SBC Corp has Prime Lands in Ipoh Road & Setapak at deep discount. So Calvin bought SBC Corp at 45 cents to 50 cents. Today SBC Corp is RM2.18 Up Over 400% Already. Yet I hear people say SBC Corp is still undervalued.
If SBC Corp is undervalue, then AZRB must be Crazy Value!
But The Greatest Surprise Is
THE BENJAMIN GRAHAM OF MALAYSIA IS TOP 11 SHAREHOLDERS OF AZRB WITH 1,850,000 Shares! Google under the Name of Neoh Choo Ee & Company will reveal Address No. 73, Beach Road, Penang.
The Official address of DynaQuest Grand Champion Ben Graham of Malaysia Sir NEOH SOON KEAN!
At No.7 Is Public Islamic Opportunity Fund.
At No. 17 is Public Islamic Treasure Growth Fund
See Even PUBLIC BANK Fund Managers bought into AZRB.
So you can save on fees by buying Direct Into What They Call "Treasure" without paying unit trust fee by Buying directly AZRB shares!
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 16 May 2018,(NOTE DATE OF JOB AWARD IS 16TH MAY 2018 AFTER THE MAY 9TH ELECTION; SO THIS AWARD IS IN PH BRAND NEW ERA) received and accepted a Letter of Acceptance from PNB Merdeka Ventures Sdn Bhd (“the Award”) for a project known as “Construction of Jalan Hang Jebat, Jalan Stadium (Victoria Institutions) and Chinwoo Tunnels, Elevated U-Turn and Flyover, Galloway Pedestrian Bridge, Relocation of Existing Utilities, Upgrading and Improvement of Surface Road and Associated Works, Mukim Bandar Kuala Lumpur, Daerah Kuala Lumpur, Wilayah Persekutuan” (“the Contract Works”).
DATO ROSLAN BIN TAN SRI JAFFAR 17-May-2018 Acquired 80,000 - View Detail DATO SRI WAN ZAKARIAH BIN HAJI WAN MUDA 17-May-2018 Acquired 100,000 - View Detail DATO W ZULKIFLI BIN HAJI W MUDA 17-May-2018 Acquired 100,000 - View Detail DATO W ZULKIFLI BIN HAJI W MUDA 17-May-2018 Acquired 2,500 - View Detail TAN SRI DATO' SRI HAJI WAN ZAKI BIN HAJI WAN MUDA 17-May-2018 Acquired 80,000 - View Detail DATO ROSLAN BIN TAN SRI JAFFAR 16-May-2018 Acquired 100,000 - View Detail DATO SRI WAN ZAKARIAH BIN HAJI WAN MUDA 16-May-2018 Acquired 100,000 - View Detail DATO W ZULKIFLI BIN HAJI W MUDA 16-May-2018 Acquired 200,000 - View Detail DATO W ZULKIFLI BIN HAJI W MUDA 16-May-2018 Acquired 20,000 - View Detail DATO W ZULKIFLI BIN HAJI W MUDA 16-May-2018 Acquired 2,500 - View Detail TAN SRI DATO' SRI HAJI WAN ZAKI BIN HAJI WAN MUDA 16-May-2018 Acquired 100,000 - View Detail DATO W ZULKIFLI BIN HAJI W MUDA 10-Apr-2018 Acquired 35,000 - View Detail DATO W ZULKIFLI BIN HAJI W MUDA 06-Apr-2018 Acquired 80,000 - View Detail DATO W ZULKIFLI BIN HAJI W MUDA 06-Apr-2018 Acquired 35,000 - View Detail DATO' W ZULKIFLI BIN HAJI W MUDA 04-Apr-2018 Acquired 200,000 - View Detail DATUK PROF A RAHMAN @ OMAR BIN ABDULLAH 20-Mar-2018 Others 76,666 - View Detail DATO' W ZULKIFLI BIN HAJI W MUDA 05-Sep-2017 Acquired 100,000 1.130
Debt Rm1 Trillion with Population of 30 millions in Malaysia
USA has Rm84 Trillion Debt with population of 300 millions
So US population is only 10 times more than Malaysia with Debt 88 Times Higher. See US Debt Clock http://www.usdebtclock.org/
If US ok why not Malaysia?
What is the Overall Net Net Wealth of Malaysia?
Remember PH Manifesto promised to take care of Malays. And AZRB is a Class A Bumi Contractor with vast experience. Even Dr Neoh Soon Kean is holding 1.8 million Azrb shares
At the moment US currency is held up by consensus.
This is flawed as US is world's biggest debter.
The Tulip Bubble in holland was held up by consensus once upon a time.
At its height one rare tulip bulb is worth more than 10 acres prime land in today bukit bintang. People sold farms, lands and even gold and silver in exchange for rare tulip bulbs which were perceived to go up in price forever.
All that was also by consensus of the masses.
One day in holland this consensus was changed. And Tulip Bulb fell in value and became as worthless as the price of an onion.
The lesson is to always find things of real value.
Paper currency like Sing Dollar is real because it is backed by Reserves. And Spore has more CASH than debt.
KUALA LUMPUR (May 24): The Council of Eminent Persons (CEP) has given assurance that Bumiputera contractors will continue to be assisted under the new government, said Malaysian Malay Contractors Association president Datuk Mokhtar Samad.
He was among those summoned by the Council to identify improvements that could be taken to assist the Bumiputera contractors.
“The CEP, chaired by Tun Daim Zainuddin, has guaranteed that the new government will help Bumiputera contractors using better ways than what was done before.
KUALA LUMPUR (May 24): The Council of Eminent Persons (CEP) has given assurance that Bumiputera contractors will continue to be assisted under the new government, said Malaysian Malay Contractors Association president Datuk Mokhtar Samad.
He was among those summoned by the Council to identify improvements that could be taken to assist the Bumiputera contractors.
“The CEP, chaired by Tun Daim Zainuddin, has guaranteed that the new government will help Bumiputera contractors using better ways than what was done before.
Base on last yr financial report, diluted eps abt 5.3sen .Thus P/E ratio ard 7. So at this price 39sen can be safe n good buy, considering good potential growth in future.
will the government re nego the contract sign? if to be revised, will this counter be affected? government now is finding every possible way to cut down the cost
This counter if you don't buy now, then buy when? On the day some good catalyst come which will come, you will also won't chase to buy at that time because of fear of retracement. Anyway, at 0.4 times price to book value, I don't know what else to say unless you already kena hit kuat kuat from buying at RM 1 at the start of the year. Good luck.
The management took a lot of resource to built the EKVE high way , maybe now taken by the new government , the compensation figure is the major issue for the company
New gov will be too busy to touch on highways... There is still rule of law with contract and civilization in Malaysia. Gov can only re-negotiate the terms but not taken over by force. Definitely company will avoid challenging gov in court. Fundamental is still intact. Current price reflects the undervaluation. Anyway, the O&G related and plantation division will be more interesting. The country still need to do infrastructure projects. Just not the mega projects like MRT and HSR... It may actually give chance for the medium sized company to shine. If you have holding power 1-2 years, the reward is there.
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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....
Ramada
655 posts
Posted by Ramada > 2018-05-17 15:32 | Report Abuse
Guess yourself. Anyway, AZRB is the first construction company which won contract from current government.