KLSE: ZECON (7028)       ZECON BHD MAIN : Construction
Last Price Today's Change   Day's Range   Trading Volume
0.45   -0.005 (1.10%)  0.45 - 0.45  7,000
Analyze this stock with MQ Trader system


Market Cap: 65 Million
NOSH: 144 Million
Avg Volume (4 weeks):613,089
4 Weeks Range:0.435 - 0.635
4 Weeks Price Volatility (%):
52 Weeks Range:0.225 - 0.685
52 Weeks Price Volatility (%):
Average Price Target: 0.50
Price Target Upside/Downside: +0.05

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2020 [#1]  |  26-Nov-2020
Next QR | Est. Ann. Date: 31-Dec-2020  |  26-Feb-2021
T4Q P/E | EY: 14.45  |  6.92%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 1.73  |  0.26
T4Q NP Margin | ROE: 2.81%  |  1.80%


Date Subject
27-Aug-2020 ZECON (7028)
22-Jul-2020 Mplus Market Pulse - 22 Jul 2020
26-Jun-2020 上升股:亿强工程阻力84仙
14-Feb-2020 Technical View - Zecon Bhd (ZECON, 7028)
30-Jan-2020 Technical Buy: ZECON (7028)

Business Background

Zecon Bhd provides civil engineering and building construction services. The company operates through five business segments: Construction, Property Development, Toll Concession, Service Concession and Others. The Construction segment engages in piling works, foundation engineering, and building construction. The Property Development segment engages in property holding and development. The Toll Concession segment engages in operation and maintenance of toll bridge and collection of toll revenue. Service Concession segment engages in construction, operation, and maintenance of the hospital. The Other segment engages in management services. The firm derives majority revenue from Construction segment.
Trade this stock and win a FREE I3investor T-shirt after 5 trades. Find out more.

  Be the first to like this.
calvintaneng Too dangerous to chase Zecon for these reasons

1. If not for hidden operating profits this quarter is just average.

2. On the balance sheet is Current borrowings of Rm765 millions
Plus payables over Rm300 millions

So there is a debt load of over Rm1 billions

3. Last year pp was only 25 sen

So this sudden price jump on one-off gain is overdone

Be careful don't chase now

Better sell and take profit

Very high interest charges will still be on balance sheet unless current debt is pared down

Ageson & Kanger selling sand story more credible if you want to play play as Govt gave 11 companies to export river sand

Or do the safer things




26/06/2020 9:47 AM
27/06/2020 2:51 PM
BeastOfTheEast Down 13.93%!!!
27/06/2020 2:51 PM
BeastOfTheEast How come dived so much man
27/06/2020 2:52 PM
BeastOfTheEast Wonder what the problem is
27/06/2020 2:52 PM
BeastOfTheEast Or if it is just a normal healthy correction
27/06/2020 2:53 PM
bursabull Zecon berhad.
Riding on sarawak growth and sarawak government capex.
9mth cumulative earning = 30 cents

NTA 1.8

Before any prominent investor come and goreng and take position, can buy in and hold

Target year end total eps = 35 cents
PE x 6 = RM 2.10
PEx 10 = Rm 3.50

Capital gain potential = 400%

Expecting a bonus special dividend on 4th quarter year end result ( August )

Zecon revenue and profit contributor from 2 sector

1. Pan borneo highway construction concession

2. Ukm - hospital pakar kanak kanak concession

Solid government contract at hand

We can foresee ZECON next 1 year revenue contribution from concession to maintain earning, any extra concession project in sarawak will further boost zecon botton line earning.

Zecon short term target RM1.20
30/06/2020 9:38 AM
bursabull Before any prominent investor come and goreng and take position, can buy in and hold

Target year end total eps = 35 cents
PE x 6 = RM 2.10
PEx 10 = Rm 3.50

Capital gain potential = 400%

Expecting a bonus Special Dividend on 4th quarter (Q4) year end result ( August 2020 )
30/06/2020 10:10 AM
targetinvest yea faster come in before fly up high high
01/07/2020 10:42 AM
targetinvest NTA already RM 1.80
Earning already consistent for 3 quarter.. apa lagi mahu?
01/07/2020 10:44 AM
targetinvest Sarawak project pan borneo is government give money
Hospital pakar kanak kanak also is government give money..

So customer is very steady and will pay money
01/07/2020 10:44 AM
targetinvest Now EPS already 30 cents... super undervalue until dunno wad to say..
Only can say due some big player want to corner this share more
01/07/2020 10:45 AM
targetinvest Sarawak going to ditch more project out...
01/07/2020 10:46 AM
targetinvest Today engine start and warm up to 60 cents
01/07/2020 10:50 AM
targetinvest Sarawak on power.. all sarawakian buy buy buy
01/07/2020 10:54 AM
mf Post removed. Why?
02/07/2020 9:08 AM
mf fly
02/07/2020 11:11 AM
bct2619 Any news????any ideal???
08/07/2020 11:49 AM
stevenckheng walao, all politic counter UP UP UP
08/07/2020 11:55 AM
High5 Good or bad ?
21/07/2020 12:24 PM
High5 Zecon gets shareholder nod for rights issue

By theedgemarkets.com | 2020-07-21 12:16:41
KUALA LUMPUR (July 21): Zecon Bhd has received approval from its shareholders for its proposed rights issue to address its current funding requirements to meet its short-term obligations and liabilities, as well as strengthen its financial position.

The Sarawak-based construction and property firm had announced on Feb 28 that it was planning to raise between RM19.4 million and RM46.1 million via a renounceable rights issue of up to 576.4 million of irredeemable convertible preference shares (ICPS) at an issue price of 8 sen each and a conversion rate of 16 sen.

Under the corporate exercise, each shareholder who already owns one Zecon share will receive four ICPS shares.

In a statement today, Zecon said its shareholders unanimously passed the resolution at the extraordinary general meeting on July 17.

Proceeds from the rights issue will be spent on working capital, to repay bank borrowings and for listing expenses.

"The rights issue of the ICPS augurs well for the company as it would further stimulate cash flow which in turn would further boost Zecon's net profit," said Zecon.

Zecon saw its net profit jump 59.7% year-on-year (y-o-y) to RM9.15 million in its third financial quarter ended March 31, 2020, mainly contributed by the Hospital Kanak-Kanak Universiti Kebangsaan Malaysia and the Pan Borneo projects.

Revenue for the quarter was up 26.9% y-o-y to RM143.1 million. For the nine-month period, the group registered a net profit of RM43.18 million compared with a net loss of RM8.76 million a year ago.

At 11.46am, Zecon shares were up 0.5 sen or 0.96% at 52.5 sen, bringing a market capitalisation of RM75.66 million. A total of 83,600 shares were traded.
21/07/2020 12:26 PM
jojo85 Bila nk fly ni?
21/08/2020 2:59 PM
Thomas93684432 Andr, do you know when is the result going to released?
26/08/2020 2:08 PM
Thomas93684432 which means next month?
27/08/2020 10:03 AM
whpang today up 5 sen, any news?
27/08/2020 3:00 PM
Kabali Buy now
29/08/2020 12:53 PM
Kabali Excellent full year results
29/08/2020 12:54 PM
Wintrade8989 Finally it's coming!
21/10/2020 3:47 PM
Wintrade8989 sarawak theme coming!
22/10/2020 9:44 AM
Wintrade8989 Budget benefit counter
07/11/2020 10:27 AM
tkl88 Superb good news from budget 2021 for the construction sector !

MRT 3 and HSR making a comeback
Saturday, 07 Nov 2020 By INTAN FARHANA ZAINUL
The government is reviving the multi-billion ringgit Mass Rapid Transit Line 3 (MRT 3) under the Budget 2021 that
will be a boom for construction companies.......

2021 Budget: Government to proceed with HSR project
By New Straits Times - November 6, 2020 @ 8:20pm
KUALA LUMPUR: The government will proceed with the Kuala Lumpur-Singapore High-Speed Rail (HSR) infrastructure project.
Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz, in tabling the 2021 Budget in the Dewan Rakyat today, however said the implementation of the project was subject to discussions with Singapore.
"The government will continue the HSR project as this project is expected to generate a positive multiplier effect to the country's economy," he said.
07/11/2020 11:51 AM
Kabali Time to buy
08/11/2020 8:44 PM
Kabali Profitable n low valuation
08/11/2020 8:46 PM
09/11/2020 11:55 AM
tkl88 President Biden is favours to world trade !
World economy will start booming from today onwards !
And asian stock markets including KLSE will be in bull market from today onwards !
As at 2.10pm,
Hang Seng : 26,095.46 (+382.49) (+1.49 %)
Shanghai composite: 3,380.38 (+68.23) (+2.06 %)
Nikkei : 24,912.31 (+587.08) (+1.41 %)
Taiwan Weighted : 13,127.47 (+153.94) (+1.19 %)
Korea Kopsi : 2,449.96 (+33.46) (+1.38 %)
Singapore STI : 2,611.34 (+32.66) (+1.27 %)

Huat ah ! Heng ah ! Ong ah !
09/11/2020 2:59 PM
tkl88 Wow, oil price spike up like mad !
As at 9.50pm,
Nymex at => $40.67 (+3.53) (+9.50 %)
Brent at => $42.77 (+3.32) (+8.42 %)

Huat ah ! Heng ah ! Ong ah !
09/11/2020 10:11 PM
tkl88 Oil Jumps by Most Since June on Covid Vaccine Progress
Alex Longley and Matthew Martin
Mon, November 9, 2020, 9:54 PM GMT+8·2 min
09/11/2020 11:48 PM
tkl88 (Bloomberg) -- Oil in London jumped by the most since June as Pfizer Inc. reported a potential Covid-19 vaccine breakthrough.

Crude futures spiked following news the vaccine, being developed by Pfizer and BioNTech SE, prevented more than 90% of infections in a study of tens of thousands of volunteers.

Markets globally surged. WTI climbed more than 10% in New York, while global equities soared. It led to broader strength in the oil futures curve, with timespreads also moving sharply higher.

A vaccine “would be the most meaningful type of mitigator to the situation,” Saudi Energy Minister Prince Abdulaziz Bin Salman said prior to the Pfizer announcement at a conference on Monday. “We’re still hopeful that vaccine is found and that vaccine or vaccines spread and hopefully mobility would be regained.”

Since Covid first emerged, oil markets have been steadily recovering from the biggest crash in consumption in a generation. Transport use in Asia has rebounded strongly, but the renewed resurgence of the virus in Europe has continued to weigh on demand in the region. The emergence of a vaccine would not only help regions suffering form renewed lockdowns, but could also help spur the return of aviation demand -- the hardest hit corner of the market.

The relief in the market was seen in the profits from turning crude into transport fuels. Gasoline cracks in the U.S. reached their highest since mid-October, while those in Europe also gained. Jet fuel was also gaining relative to the value of other transport fuels in Europe, Bloomberg fair value data show.

Prices had earlier rallied as Joe Biden declared victory in the U.S. presidential election and began preparations to navigate America’s pandemic-hit economy out of crisis, with potential shifts coming on a range of policies from fiscal stimulus to Iranian sanctions. At the same time, Saudi Arabia said that OPEC+ could extend oil cuts through 2022 as the group seeks to re-balance the glutted market.
09/11/2020 11:48 PM
tkl88 Walaoeh, Dow Jones spike up to sky high !
As at 12.05am,
Dow Jones at=> 29,425.57 (+1,102.17) (+3.89 %) !

Huat ah ! Heng ah ! Ong ah !
10/11/2020 12:41 AM
tkl88 Walaoeh, Dow Jones continue it’s bull run !
Dow Jones closed at=> 29,420.92 (+262.95) (+0.90 %) !

Huat ah ! Heng ah ! Ong ah !
11/11/2020 8:07 AM
tkl88 Dow Jones continue to spike up like mad !
Dow Jones closed at=>29,950.44 (+470.63) (+1.60 percent)
Huat ah ! Heng ah ! Ong ah !
17/11/2020 8:10 AM
tkl88 Malaysia in deal with China for Covid-19 vaccine development
PUBLISHED : 18 NOV 2020 AT 19:40

20/11/2020 8:08 AM
tkl88 KUALA LUMPUR: Malaysia said on Wednesday it has signed an agreement with China to cooperate on the development of a safe and efficacious vaccine, as part of efforts to combat the Covid-19 pandemic.

Under the agreement, in force for an initial period of five years, the Southeast Asian nation will be given priority access to Covid-19 vaccines developed by China. Both will share knowledge and expertise and facilitate scientific and technological capabilities to advance vaccine development in their countries, Malaysia said in a joint ministerial statement.
Science, Technology and Innovation Minister Khairy Jamaluddin signed the agreement with his Chinese counterpart Wang Zhigang in a virtual ceremony.

Cooperation between Malaysia and China under the agreement would be supervised by a committee chaired by the foreign affairs ministers of both countries that was formed in October to address post-pandemic challenges.

"Both countries will also support the participation of their public and private sectors including universities, institutions, societies and organisations in joint collaborative projects," the Malaysian ministries said.
20/11/2020 8:09 AM
tkl88 Khairy: Malaysia to pay RM94mil upfront for vaccine under Covax plan

* Thursday, 19 Nov 2020 

20/11/2020 8:49 AM
tkl88 Wow, oil price continue it’s bull run !
As at 12.30am,
Nymex=> $42.85 ‪(+0.43) (+1.01 %)‬
Brent => $45.80 ‪(+0.73) (+1.62 %)‬

‪Huat ah ! Heng ah ! Ong ah !‬
24/11/2020 2:32 AM
tkl88 Wow, oil price continue to spike up like mad !
As at 1.25am,
Nymex=> $44.95 ‪(+1.89) (+4.39 percent)‬
Brent=> $47.77 ‪ (+1.73) (+3.76 percent)‬
25/11/2020 7:05 AM
mf MP PAS: Muhyiddin ada 3 pilihan jika Belanjawan 2021 tak lulus

Diterbitkan 24 Nov 2020, 9:06 pm
Dikemaskini 24 Nov 2020, 11:18 pm
Seorang anggota parlimen PAS menggariskan tiga pilihan buat Perdana Menteri Muhyiddin Yassin sekiranya Belanjawan 2021 tidak diluluskan di Dewan Rakyat, Khamis ini.
25/11/2020 7:06 AM
tkl88 Walaoeh, Dow Jones continue it’s bull run !‬
Dow Jones closed at=> 30,046.24 (+454.97) (+1.54 percent) ! Huat ah ! Heng ah ! Ong ah !
25/11/2020 7:48 AM
khairil88 Why sudden up?
29/12/2020 11:16 AM
shareking1 砂洲概念股
29/12/2020 11:17 AM

I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
Perform Technical & Fundamental Analysis on Stocks
MQ Affiliate
Earn rewards by referring your friends

564  409  601  26 

Top 10 Active Counters
 TRIVE-OR 0.0050.00 
 QES 0.38+0.04 
 KSTAR 0.21-0.045 
 DNEX 0.26+0.005 
 BIOHLDG 0.30+0.04 
 DYNACIA 0.120.00 
 LAMBO 0.030.00 
 MCLEAN 0.325+0.095 
 AT 0.180.00 
 VSOLAR 0.040.00 


1. The Equity Market Index Benchmark in Malaysia CMS
2. Trading Scenarios of Derivatives Bursa Derivatives Education Series
3. Derivatives 101 Bursa Derivatives Education Series
4. Why Trade FKLI? Bursa Derivatives Education Series
5. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!


1. Supermax record profit must prevail - Koon Yew Yin Koon Yew Yin's Blog
2. Biden Presidency Spells Good Times for Malaysian Gloves Trying to Make Sense Bursa Investments
3. Jaks Resources - Final Update :- Jaks Hai Duong Power Plant achieved FULL COD ! DK
4. A BEARISH outlook for Covid-19. GENERAL
5. BREAKING [Complete Economic Shutdown]: (Actual) Eurocham Letter to Members (dated 23 Jan 2021) following meeting with MITI on 22 Jan 2021 A blog to publish and share information
6. KLCI waves 42 - Two Possible KLCI Waves Outcome and 2 BEST Glove Waves (HARTA & TOPGLOVE) KLCI waves
7. [转贴] [Video:浅谈DAGANG NEXCHANGE BHD, DNEX, 4456] - James的股票投资James Share Investing James的股票投资James Share Investing
8. Think-tank: Total lockdown would bring Malaysia to brink of economic collapse save malaysia!