Zelan Berhad is a Malaysia-based investment holding company. The Company, through its subsidiaries, is engaged in construction of power plants and buildings, property development, civil engineering and building turnkey contractor, piling and civil engineer contractor, civil technical design and construction of civil and building works and management of residential properties. The Company operates in four segments: engineering and construction; property and development; investment, and others. Its subsidiaries include Zelan Holdings (M) Sdn. Bhd., Zelan Corporation Sdn. Bhd., Sejara Bina Sdn. Bhd., Zelan Enterprise Sdn. Bhd. and Zelan Construction Sdn. Bhd. On June 23, 2010, the Company disposed its subsidiary European Profiles (M) Sdn. Berhad. In November 2011, the Company announced the liquidation of Golden Solitaire (Australia) B.V.
asriruslanZELAN has been trading above its upward sloping 20-Day Moving Average which is a good sign. However, we have to be careful as the recent price action broke the support level of 0.225. If a bearish breakout is accompanied by high volume, this indicates the unwillingness of a large pool of traders to hold on to the stock as selling pressure mounts at the support level. This bearish breakout of ZELAN was accompanied by a lower than average volume which may give a glimmer of hope, however one has to be monitor carefully the price action in the coming sessions.
Alfred AunAlready broke 0.225 to 0.215, it sure can reach my target price (0.200)....
oon168tan sri.this counter boleh harap tak（very year lose ...lose.） .other counter tan sri untung besar.why..why..who can give answer ？