Highlights
KLSE: ZECON (7028)       ZECON BHD MAIN : Construction
Last Price Today's Change   Day's Range   Trading Volume
0.415   0.00 (0.00%)  0.00 - 0.00  0
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Overview

Market Cap: 60 Million
NOSH: 144 Million
Avg Volume (4 weeks):97,845
4 Weeks Range:0.40 - 0.465
4 Weeks Price Volatility (%):
89.25%
52 Weeks Range:0.225 - 0.70
52 Weeks Price Volatility (%):
59.29%
Average Price Target: 0.50
Price Target Upside/Downside: +0.085

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2020 [#4]  |  28-Aug-2020
Next QR | Est. Ann. Date: 30-Sep-2020  |  28-Nov-2020
T4Q P/E | EY: 1.50  |  66.45%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 1.8  |  0.23
T4Q NP Margin | ROE: 9.49%  |  15.32%

Headlines

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)
18-Dec-2019 M+ Online Technical Focus - 18 Dec 2019
18-Dec-2019 Daily Market Update - 18 Dec 2019 (ZECON, NAIM)
05-Dec-2019 热门股:亿强工程上挑74仙
30-Nov-2019 上升股:亿强工程阻力75仙
11-Nov-2019 PublicInvest Research Headlines - 11 Nov 2019
11-Nov-2019 Mplus Market Pulse - 11 Nov 2019

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.
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FlyingDragon Triangle forming and now quiet before the storm.
16/01/2020 11:34 AM
thesteward Posted 14/1
Chun chun !
22/01/2020 6:27 PM
thesteward Took profit . Market sentiment too scary
28/01/2020 8:19 PM
thesteward Reentered ! Don’t miss ....
06/02/2020 8:02 PM
thesteward Don’t miss zecon
06/02/2020 8:03 PM
Holyman honey from hosp kanak2.
12/02/2020 11:24 AM
Michael Kwok Dark cloud coming.Zecon no Ong.60 over cent always bad luck.Recommend sell.May testing lower end 40 cent(Best case scenario).Monthly overbought and weekly(hooking down)overbought a while.
12/02/2020 10:31 PM
imvu 0.700
14/02/2020 10:18 AM
Michael Kwok Dark cloud coming.Zecon no Ong.60 over cent always bad luck.Recommend sell.May testing lower end 40 cent(Best case scenario).Monthly overbought and weekly(hooking down)overbought a while.
14/02/2020 4:41 PM
investor77 Zecon latest results very good. Will post good coming result and overcome resistance
16/02/2020 4:52 PM
Michael Kwok Sell Zecon.Already 4 times up from 15 cents-70 cents.Please read;

Posted by Michael Kwok > Feb 12, 2020 10:31 PM | Report Abuse X(63 cents)

Dark cloud coming.Zecon no Ong.60 over cent always bad luck.Recommend sell.May testing lower end 40 cent(Best case scenario).Monthly overbought and weekly(hooking down)overbought a while.
17/02/2020 4:54 PM
mf Post removed. Why?
25/06/2020 2:36 PM
mf Post removed. Why?
25/06/2020 3:07 PM
apolloang I bought 57 just sold 60.5cts 30,000 only
25/06/2020 3:29 PM
apolloang me too greedy tot gonna limit up no sell,fall back only sell
25/06/2020 3:32 PM
apolloang when got 15cts? march low is 22.5cts
25/06/2020 3:33 PM
mf Post removed. Why?
25/06/2020 3:41 PM
mushroom apa ni
25/06/2020 3:42 PM
apolloang wah datang again,masuk again?
25/06/2020 3:42 PM
apolloang today boleh limit up or UMA?
25/06/2020 3:44 PM
mushroom coz of Good QR ?
25/06/2020 3:44 PM
apolloang I just play play,hit and run like casino
25/06/2020 3:53 PM
captain star Chase kub better
26/06/2020 9:45 AM
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

Buy

WZSATU

WTK

TEXCHEM
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


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