AZRB (7078): AHMAD ZAKI RESOURCES BHD IPO Info

Anyone has latest update for ekve?

2 weeks ago

YouTube last updated was 8 months ago .. however I saw one video 10 days ago langat 2 landfill video , can see the EKVE highway at mahkota cheras haven't have any paint job yet . Maybe the last thing they will do is painting and removal of weed grasses. Ampang - mahkota should be open first..

2 weeks ago

Look at the video.... It seem completed and opening soon... Only left minor work and touch up

2 weeks ago

The road line painting and weed grass cleaning can gaodim very fast

2 weeks ago

didi7349

Tp RM 1 like wcehb?

2 weeks ago

Price hit 0.4- 0.5 is possible once partial opening of EKVE

2 weeks ago

https://www.caricarz.com/detail/amp/en/news/grand-saga-highway-announces-improved-new-morning-tidal-flow/12675

2 weeks ago

U stay in SG long / Cheras Mahkota area then u will know how important this Ekve highway to the residents there

2 weeks ago

Yes I live in cheras and traffic jam is crazy than ever before. Especially during weekends, weekdays better a bit becuz got SUKE,but still jam

2 weeks ago

Soon also live cheras ? Mahkota interchange the road to interchange still bad. Yesterday I went and see alrdy

2 weeks ago

Mahkota interchange road can go in? Tot there is road block not allowed going further

2 weeks ago

No it's blocked but the road to there a lot bumps and potholes need to be fixed later

2 weeks ago

If short distant of interchange road, it should be able to fix later and fast as currently still got lorry using that road I guess

2 weeks ago

loong80

Is AZRB getting another highway concessionaire ? KL Node highway?

2 weeks ago

Soon99 u should go see if u live in cheras
Loong: no way they get another concession. Sglong- mahkota also haven't complete , ukay perdana too

2 weeks ago

loong80

KL Node highway is already approved by the government. And AZRB is the proposer.

2 weeks ago

Hardly to get based on their current financial situation

2 weeks ago

As for new highway projects, anything is possible as they get long term borrowing to build the highway.. And borrowing usually also guaranteed by the government.

2 weeks ago

Now is still Jun, AZRB target partial opening Mahkota Cheras to Ampang by Sep 24. Wait and see if they can meet their target time line or postpone lo

2 weeks ago

But anyhow the highway is near to the completion.

What investors here concern is the car footflow of the highway only? Personal I would think that highway wouldbe popular due to huge population and very bad jam area.. And connect to silk highway can be access with more users from Kajang/ Semenyih residents also

2 weeks ago

Biggest risk already over.. Concern about highway not able to complete due to short of fund.. But this highway is nearby completion.

Accessibility of the highway whether will have many users?
If u are familiar with that area the answer would be yes.

With 30cents and market capital less than rm200m own already invested rm2b highway, Turn profitable construction and oil and gas Biz... Don't you think the price is damn cheap?

2 weeks ago

Comparable to Litrak if everything goes well. Ldp ,400k cars , ekve 140k cars ( previous estimate) . I think once fully operate will have 200k daily cars. Have to settle UKay perdana section. And also direct link to Karak highway due to deforestation environmental issue.long way to go for azrb..

2 weeks ago

if closed above 30.5 it would have a fast run up towards 40

2 weeks ago

tambah lagi at 29 after that last add on at 25.5

1 week ago

remus17

yes, good to add at 29, it will up higher

1 week ago

mistaFAD

Add on 0.29 let see how

1 week ago

Richdady

Hopefully tomorrow rebound back

1 week ago

ybss99

Up is dim, could be sideways. But I will hold until my tp

1 week ago

handbrake likely releasing for price to go up to 29-31

1 week ago

index found support at 1590 (50MA) and to rebound to 1600

1 week ago

rally to continue upon breaching 1602

1 week ago

2 minggu nanti, uang besar bisa

1 week ago

necessity

True the highway is the highlight..
but some of us dont know that AZRB secured few other projects on construction, including the maintenance.
oil and gas(TBSB)projected to breakeven by this year and continue making profit.
in fact, TBSB will soon will under the spotlight since currently they hosting and cater major drilling for hibiscus, HESS production, with Keyfield and Sapura the latest operating from TBSB. Petronas also has confirmed and 2025 planning draft is on the making..
by the time the highway full operating, other sectors have covers all the current /past fiscal deficit. All seem going well on their favors..
hopefully AZRB dont F@^k up this..

1 week ago

Well the plantation business in Indonesia is definitely a blow to them. Cpo at high price also can't earn money, meaning the plantation has failed. Getting rid of it is good choice..

1 week ago

necessity

@HengyuanZai
that plantation almost sink them last time..
till the day of palm oil price return, it will drag AZRB go down with it..

1 week ago

just wait for breakout 29 to retest 32...short term trend is UP...no problem one

1 week ago

necessity

@scjm
'just wait for breakout 29 to retest 32...short term trend is UP...no problem one'

we on the same page on this one..

1 week ago

yup after sold plantation cash 430m more than double paid up 190m...put money take money pasti

1 week ago

notwithstanding the above there is a group of traders wanting to sell at 29, so be it

1 week ago

Sold plantation is paper profit. No cash flow one

1 week ago

so?

1 week ago

wait for more news about the highway opening... dun understand why it is so secretive and not disclosing more info

1 week ago

anyone got more info about the highway opening?

1 week ago

Ayong21

wait patiently for retracement to 22 sen support only consider to accumulate.

6 days ago

Richdady

No more downside.. uptrend stock..

5 days ago

LeeKuanJew

Yeah going up high after this. No more turning back.

5 days ago

lee Kuan jew ... XD wtf

5 days ago