|Last Price ||Avg Target Price || Upside/Downside ||Price Call |
|0.64 ||0.90 || +0.26 (40.63%) || |
|* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.|
|** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).|
|Date ||Open Price ||Target Price ||Upside/Downside ||Price Call ||Source ||News |
|28/08/2015 ||0.535 ||0.98 ||+0.445 (83.18%) ||BUY ||RHB-OSK || |
|30/07/2015 ||0.64 ||0.98 ||+0.34 (53.13%) ||BUY ||RHB-OSK || |
|20/04/2015 ||0.74 ||0.81 ||+0.07 (9.46%) ||BUY ||RHB-OSK || |
Investeye Accumulated some lot at RM0.525, except beginning of 2009 from 2006, this price is the lowest. As the project visibility is there and start to pay dividend and expect to benefit from mp11. Good opportunity to accumulate at present price.
Maintain BUY from RHB. Ahmad Zaki is a good small-cap proxy to the construction sector, given its involvement in the Klang Valley Mass Rapid Transit (MRT) project, the MYR1.55bn East Klang Valley Expressway (EKVE) project and various government facilities. Its record outstanding construction orderbook of MYR3.2bn (see Figure 2) at present will keep it busy for the next 4-5 years. We also like Ahmad Zaki for its stable of concession assets comprising a highly profitable bunkering operation at the Kemaman Supply Base in Terengganu, the International Islamic University of Malaysia (IIUM) Teaching-Hospital (under construction) and the EKVE (under construction). In addition, there is tremendous value in its 21,000-ha oil palm plantations (23% planted) in West Kalimantan, Indonesia. We keep our SOP-based TP atMYR0.98, valuing its construction business at 10x FY16F earnings, in line with our benchmark 1-year forward target P/Es of 10-16x for the sector
ccs999 Bro Investeye, I saw yesterday QR got write 2 cents div, do you know when it will announce?
Arefiq84 Keep an eye on this counter...big potential...bought a lot at 0.53...
Investeye Disposed all to take profit and will buy back later due to uncertainty of FD rate..
audacity KUALA LUMPUR (Sept 17): Ahmad Zaki Resources Bhd (AZRB) ( Valuation: 2.60, Fundamental: 0.60) has bagged a mixed development project worth RM386.65 million.
thesteward TP rm.98.... value buy....
fast TP: RM0.98
char1234 Sendiri goreng... don't get caught at d top
Investeye Regretted to dispose to early, else at least can gain at least another 10%