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Overview
Financial Highlight
Headlines
Business Background Zelan Bhd is a Malaysia based company which is involved in engineering and construction business sector. The company business segments are Engineering and Construction segment which include projects in Indonesia, the Middle East and Malaysia, Asset and Facility Management segment which include rental income, car park income and management fees, and Property and Development segment which include rental income. The Engineering and Construction segment generates more revenue for the company. It exports its product to Indonesia, United Arab Emirates and Kingdom of Saudi Arabia but the majority of its sales happen in Malaysia only.
  Grandmustah already told just whack but some people won't believe. Those who believed in me all the best...we are going to fly high 06/12/2023 11:00 AM ahjian26 All say grand gooooooods news from government..so I buy sikit and do like gamble...need some angpao for Chinese New year. Huat ah 06/12/2023 11:04 AM hohlaiyet88 Hopefully will out of from PN17, since 1st to 3rd QR also green and 4th coming next month. 24/01/2024 9:36 AM MarioBros 17069, 2 month left. Most probably this year can get out of PN17 if not extended. But something fishy, klse screener apps show Zelan no longer in PN17 status 16/02/2024 8:55 AM  somchik superb qters report, 49 millions profits drop from the sky, hihihi. nta 0.18 sen , ready ready , no more pn17 , 29/02/2024 6:28 PM MarioBros Still on audit. I think it just a matter of time they announce good news. 05/03/2024 9:59 PM Lai Peng Chin It's financial year ended with net profit 65.6 millions, 17722.5% increased. Surely can get out PN17. 14/03/2024 10:28 AM Bull13 Read the latest announcement on 29/2. Zelan have a incoming receivable of RM241.76 followiing a court award overseas!! This should pput Zelan in a good position to exit pn17 and their participation in the upcoming HSR Project . 15/03/2024 9:32 AM MarioBros Bull13, if you see their regulation plan to exit, all are already done and just wait for audit to complete. This month is the month they will exit. Hopefully, got contract and it will fly 15/03/2024 10:15 AM Bull13 Yes. MarioBros. Everything is already in place to exit pn17. Could be tomorrow or next week ? 15/03/2024 11:23 AM Bull13 Read the latest announcement on 29/2. Zelan have a incoming receivable of RM 241.76 M followiing a court award overseas!! This should pput Zelan in a good position to exit pn17 and their participation in the upcoming HSR Project . 17/03/2024 1:28 PM MZM2511 Base on my BRIEF study on the QR4 2023 of Zelan: Summary: The company A: Sitting on poisitf reserve of RM70,837,000. B. Recorded net profit for THREE of FOUR last four latest quarters. C. Not a cash rich company. D. Total assets > Total liabilities, Total current assets > Total current liabilities, Net current asset / Liabilities = RM 101,915,000 and Total assets less current liabilities = RM 553,452,000 E. In the process of settling the PN17 issues. The Company has approximately two (2) months to submit its regularisation plan to the relevant regulatory authorities for approval to implement the same and will make the necessary announcement on the regularisation plan in accordance with the requirements under PN17. THE FINDINGS: 1. NTA 18 sen (up from 11 sen @ last QR3 2023. 2. NOSH 844.92 mil. 3. EQUITY Share Capital RM 84,495,000 Reserves / accumulated profit RM 70,837,000 Shareholders’s equity RM 155,332,000 Non-Controlling Interest (RM 331,000) TOTAL EQUITY RM 155,001,000 4. Cash and Cash Equivalent: Cash and bank balances RM 8,335,000 5. Assets: Current Assets RM 317,215,000 Non-current Assets RM 451,537,000 TOTAL ASSETS RM 768,752,000 6. Liabilities: Current Liabilities RM 215,300,000 Non-current liabilities RM 398,451,000 TOTAL LIABILITIES RM 613,751,000 7. QR4 2024 results : - Revenue RM 10,117,000 - Gross profit RM 4,757,000 - Net profit RM 49,129,000 Note: Prospects The group is on the process of resolving the ongoing PN17 issues. The group is continously looking for projects / contracts via tendering and commercial discussion and is cautiously optimistic of the future prospects of the group. 8. Fundamental data ended 31.12.2023 Net Profit (TTM) 65.57m EPS (TTM) 7.76 P/E Ratio 0.84 Net Cash (RM) -402.58m Free Cash Flow (cent) 63.94m (7.57) Debt/Asset Ratio 53% 22/03/2024 11:22 PM RTA09391 Local & Institutional investors will buy this counter when its touch RM0.50, typical Malaysian investor buy high sell low 25/03/2024 8:47 AM LY Hoh Touch RM0.50 very difficult? If can go for RM0.20 already Thanks God lor😁😁😁 11/04/2024 2:51 PM MZM2511 Resolve the PN17 issue, and I think it could be pushed to the higher price... 11/04/2024 6:34 PM  speakup https://says.com/my/seismik/tiga-tokoh-korporat-melayu-tersenarai-dalam-orang-paling-kaya-forbes-malaysia-2024 17/04/2024 7:44 AM  | |
