Posted by BILLC > 2023-12-06 16:48 | Report Abuse

This PN17 cap Ayam counter can fly to 9 sen??

Posted by BILLC > 2023-12-06 16:49 | Report Abuse

Hope you all don’t simply tarukkkkkk,,,haha,,,

Posted by koyokui > 2023-12-06 17:49 | Report Abuse

Maybe Out of pn17 insyaallah

Posted by anisbin > 2023-12-06 17:58 | Report Abuse

Wow...😳 Got momentum here...

Posted by adikkici > 2023-12-13 10:26 | Report Abuse

This one no knight white come to save?? Aiyo please coming

Posted by B4b4 > 2023-12-14 21:01 | Report Abuse

Going up .....

Posted by theavenger > 2023-12-27 11:02 | Report Abuse

gogogo

Posted by theavenger > 2023-12-27 12:23 | Report Abuse

another scable

Posted by theavenger > 2023-12-27 17:38 | Report Abuse

uplift soon

Posted by Whiteevoque > 2023-12-27 18:08 | Report Abuse

Expects positive announcement on reg plan. NTA is 11sen

Posted by speakup > 2023-12-27 21:19 | Report Abuse

u invest base on nta?

Posted by bjgdila123 > 2023-12-28 23:34 | Report Abuse

Tp 0.30

Posted by berfikir > 2024-01-02 15:10 | Report Abuse

shark collect

Posted by Raiz368 > 2024-01-10 07:57 | Report Abuse

Possible today will breakout !!!

Posted by areenas > 2024-01-11 08:59 | Report Abuse

Heard that ZELAN IS A PRIVITISATION TARGET

Posted by areenas > 2024-01-11 08:59 | Report Abuse

By MMC owns 39% of Zelan

Posted by areenas > 2024-01-11 09:00 | Report Abuse

Speculation from Telegram channel grouos

Posted by koyokui > 2024-01-15 14:11 | Report Abuse

Tp 10sen

Posted by prince4 > 2024-01-23 12:21 | Report Abuse

PN17

Posted by prince4 > 2024-01-23 12:21 | Report Abuse

二月到期

Posted by hohlaiyet88 > 2024-01-24 09:36 | Report Abuse

Hopefully will out of from PN17, since 1st to 3rd QR also green and 4th coming next month.

Posted by 170679 > 2024-01-27 21:09 | Report Abuse

Waiting at 5¢. This year maybe still pn17. Maybe next year exit pn17

Posted by MarioBros > 2 months ago | Report Abuse

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

Posted by somchik > 2 months ago | Report Abuse

magnificent , voila 49 millie , benefice avant impot

Posted by somchik > 2 months ago | Report Abuse

superb qters report, 49 millions profits drop from the sky, hihihi. nta 0.18 sen , ready ready , no more pn17 ,

Posted by koyokui > 2 months ago | Report Abuse

Buy profit rm50 million. About same of the market cap

Posted by bleuerouge > 2 months ago | Report Abuse

white knight is coming, going 0.070/0.095 and sky

Posted by hohlaiyet88 > 2 months ago | Report Abuse

Got any opportunity remove out from PN17?

Posted by MarioBros > 2 months ago | Report Abuse

Still on audit. I think it just a matter of time they announce good news.

Posted by hohlaiyet88 > 1 month ago | Report Abuse

May be good news soon for remove out from PN17

Posted by Lai Peng Chin > 1 month ago | Report Abuse

It's financial year ended with net profit 65.6 millions, 17722.5% increased. Surely can get out PN17.

Posted by LY Hoh > 1 month ago | Report Abuse

👍👍👍

Posted by Bull13 > 1 month ago | Report Abuse

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 .

Posted by MarioBros > 1 month ago | Report Abuse

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

Posted by Bull13 > 1 month ago | Report Abuse

Yes. MarioBros. Everything is already in place to exit pn17. Could be tomorrow or next week ?

Posted by RX350 > 1 month ago | Report Abuse

😍

Posted by Bull13 > 1 month ago | Report Abuse

And Zelan is Syed Mohktar's construction arm.

Posted by Bull13 > 1 month ago | Report Abuse

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 .

Posted by koyokui > 1 month ago | Report Abuse

Buy insyaallah out of pn17

Posted by MZM2511 > 1 month ago | Report Abuse

Yes... Bought in some..

Posted by MZM2511 > 1 month ago | Report Abuse

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%

Posted by RTA09391 > 1 month ago | Report Abuse

Local & Institutional investors will buy this counter when its touch RM0.50, typical Malaysian investor buy high sell low

Posted by LY Hoh > 1 month ago | Report Abuse

Touch RM0.50 very difficult? If can go for RM0.20 already Thanks God lor😁😁😁

Posted by MZM2511 > 1 month ago | Report Abuse

Resolve the PN17 issue, and I think it could be pushed to the higher price...

Posted by speakup > 3 weeks ago | Report Abuse

https://says.com/my/seismik/tiga-tokoh-korporat-melayu-tersenarai-dalam-orang-paling-kaya-forbes-malaysia-2024

Posted by LY Hoh > 1 week ago | Report Abuse

Anyone know the status of PN17? It will possible make announcement on coming meeting 11/6/2024?

Posted by MZM2511 > 1 week ago | Report Abuse

On behalf of the Board of Directors of the Company, Kenanga Investment Bank Berhad had on 29 March 2024 submitted an application for an extension of time to submit a regularisation plan to Bursa Securities (“EOT Application”).
The EOT Application is currently pending decision from Bursa Securities.
-----------

I think have to wait for a couple of times...

Posted by birkincollector > 1 week ago | Report Abuse

trading halted.....hmmm

Posted by LY Hoh > 1 week ago | Report Abuse

It any good news for this halted? Out from PN17?

Posted by LY Hoh > 3 days ago | Report Abuse

Any news for this counter? Price almost between 0.06 to 0.065…..