Baby CARIMIN Up 100%, Taiko Dayang up 60%, Naim also Up 60%. NOW AZRB WILL POWER UP!! Calvin Tan Research

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THE INVESTMENT APPROACH OF CALVIN TAN

Baby CARIMIN Up 100%, Taiko Dayang up 60%, Naim also Up 60%. NOW AZRB WILL POWER UP!! Calvin Tan Research

calvintaneng

Publish date: Wed, 13 Feb 2019, 11:50 AM

Hi guys,

By now It looks like Oil & Gas Theme Play Is Accelerating Upward in A Most Powerful Uptrend!

Why is it so?

The Answer is in PENGERANG'S PETRONAS RAPID IN JV WITH SAUDI ARAMCO

A Mammoth USD28 BILLIONS Project more than RM100 BILLIONS Already Committed, Completed & Commensing Now!

If we take just 5% interest payment it will be A Whopping Rm5 BILLIONS Per Year.

How to find that RM5 BILLIONS (not including maintainence, upkeep & man power)?

IT WILL BE A HUGE CHALLENGE OF RM50 BILLIONS TO RM100 BILLIONS GROSS REVENUE

SO RAPID WILL REFINE 300,000 BARRELS OF CRUDE OIL DAILY

Saudi has committed to supply 150,000 barrels. Petronas will provide the other 150,000 barrels a day which translates to about 54.7 MILLION BARRELS OF OIL A YEAR

NOW WHERE TO FIND THIS HUGE SHORTFALL OF ALMOST 55 MILLION BARRELS OF CRUDE OIL?

	Country	Oil Production (bbl/day)^[1]	Oil Production per capita (bbl/day/ million people)^[5]
-	World Production	80,622,000	10,798
01	United States^[6]	11,700,000	35,922
02	Russia	11,200,000	73,292
03	Saudi Arabia (OPEC)	10,460,710	324,866
04	Iraq (OPEC)	4,451,516	119,664
05	Iran (OPEC)	3,990,956	49,714
06	China	3,980,650	2,836
07	Canada	3,662,694	100,931
08	United Arab Emirates (OPEC)	3,106,077	335,103
09	Kuwait (OPEC)	2,923,825	721,575
10	Brazil	2,515,459	12,113
11	Venezuela (OPEC)	2,276,967	69,914
12	Mexico	2,186,877	17,142
13	Nigeria (OPEC)	1,999,885	10,752
14	Angola (OPEC)	1,769,615	61,417
15	Norway	1,647,975	313,661
16	Kazakhstan	1,595,199	88,686
17	Qatar	1,622,902	592,799
18	Algeria (OPEC)	1,348,361	33,205
19	Oman	1,006,841	217,178
20	Libya (OPEC)	1,003,000	159,383
21	Scotland	939,760	14,284
22	Colombia	897,784	18,452
22	Indonesia	833,667	3,192
23	Azerbaijan	833,538	85,710
24	India	734,180	554
25	Malaysia	661,240	21,202
26	Ecuador (OPEC)	548,421	33,470
27	Argentina	510,560	11,644
28	Romania	504,000	25,469
29	Egypt	494,325	5,166
31	Congo, Republic of the (OPEC)	308,363	60,168
32	Vietnam	301,850	3,194
33	Australia	289,749	12,010
34	Thailand	257,525	3,667
35	Sudan and South Sudan	255,000	4,932
36	Turkmenistan	230,779	40,759
37	Equatorial Guinea (OPEC)	227,000	125,068
38	Gabon (OPEC)	210,820	106,528
39	Denmark	140,637	24,369
40	Chad	110,156	7,393
41	Brunei	109,117	257,959
42	Ghana	100,549	3,564
43	Cameroon	93,205	3,983
44	Pakistan	84,746	438
45	Italy	70,675	1,189
46	Timor-Leste	60,661	47,839
47	Trinidad and Tobago	60,090	44,054
48	Bolivia	58,077	5,334
49	Papua New Guinea	56,667	7,013
50	Uzbekistan	52,913	1,682
51.5	Bahrain	50,000	35,087
51.5	Cuba	50,000	4,357
53	Turkey	49,497	622
54	Tunisia	48,757	4,275
55	Germany	46,839	571
56	Peru	40,266	1,267
57	New Zealand	35,574	7,633
58	Ukraine	31,989	720
59.5	Ivory Coast	30,000	1,265
59.5	Syria	30,000	1,627
61	Belarus	25,000	2,637
62	Mongolia	23,426	7,739
63	Albania	22,915	7,901
64	Yemen	22,000	797
65	Poland	20,104	525
67	Congo, Democratic Republic of the	20,000	254
67	Philippines	20,000	193
67	Serbia	20,000	2,272
69	Netherlands	18,087	1,070
70	Suriname	17,000	30,465
71	France	16,418	253
72	Austria	15,161	1,742
73	Myanmar	15,000	284
74	Hungary	13,833	1,426
75	Croatia	13,582	3,223
76	Niger	13,000	631
77	Guatemala	8,977	544
78	Mauritania	5,000	1,162
79	Chile	4,423	247
80	Bangladesh	4,189	25
81	Japan	3,918	30
82	Greece	3,172	285
83	Spain	2,667	57
84	Czech Republic	2,333	220
86	Belize	2,000	5,464
86	Lithuania	2,000	689
86	South Africa	2,000	35
89	Barbados	1,000	3,521
89	Bulgaria	1,000	140
89	Kyrgyzstan	1,000	169
91	Georgia	400	102
92	Israel	390	47
93	Slovakia	200	37
94	Taiwan	196	8
95	Tajikistan	180	20
96	Morocco	160	4
97	Jordan	22	2
98	Slovenia	5	2

Above chart shows Malaysia Crude Oil production is 661,240 barrels a day which is about 241.3 Million Barrels a year

And Consumption?

See chart below

Rank	Country/Region	Oil consumption (bbl/day)	Year
-	World	99,558,000	2018
1	United States	19,880,000	2017
-	European Union	15,000,000^[4]	2017
2	China	13,226,000	2017
3	India	4,690,000	2017
4	Japan	3,988,000	2017
5	Saudi Arabia	3,918,000	2017
6	Russia	3,224,000	2017
7	Brazil	3,017,000	2017
8	South Korea	2,796,000	2017
9	Germany	2,447,000	2017
10	Canada	2,428,000	2017
11	Iran	1,947,000	2015
12	Mexico	1,926,000	2015
13	France	1,606,000	2015
14	Indonesia	1,628,000	2015
15	United Kingdom	1,559,000	2015
16	Thailand	1,344,100	2015
17	Singapore	1,339,000	2015
18	Italy	1,262,000	2015
19	Spain	1,226,000	2015
20	Taiwan	1,031,100	2015
21	Australia	1,006,000	2015
22	Netherlands	835,000	2015
22	Turkey	835,000	2015
24	Malaysia	831,000	2015
25	Egypt	824,000	2015
26	Iraq	818,000	2011 est.
27	Argentina	678,100	2011 est.
28	Belgium	644,400	2011 est.
29	South Africa	590,900	2011 est.
30	Poland	576,600	2011 est.
31	United Arab Emirates	572,100	2011 est.
32	Venezuela	571,000	2011 est.
33	Pakistan	426,700	2011 est.
34	Greece	343,400	2011 est.
35	Kuwait	339,000	2011 est.
36	Hong Kong	333,900	2013 est.
37	Chile	321,700	2011 est.
38	Ukraine	320,600	2011 est.
39	Algeria	316,400	2011 est.
40	Sweden	316,000	2011 est.
41	Philippines	315,600	2011 est.
42	Libya	314,000	2011 est.
43	Colombia	287,000	2011 est.
44	Ecuador	280,000	2012 est.
45	Nigeria	271,600	2011 est.
46	Portugal	259,900	2012 est.
47	Vietnam	259,700	2011 est.
48	Syria	258,800	2011 est.
49	Switzerland	258,200	2011 est.
50	Norway	255,200	2011 est.
51	Israel	247,000	2017
52	Kazakhstan	244,200	2011 est.
53	Romania	238,400	2011 est.
54	Austria	210,700	2011 est.
55	Peru	206,900	2012 est.
56	Morocco	204,800	2011 est.
57	Finland	203,600	2011 est.
58	Czech Republic	199,000	2011 est.
59	Belarus	189,700	2012 est.
60	Qatar	188,800	2011 est.
61	Azerbaijan	177,000	2011 est.
62	Yemen	168,000	2011 est.
63	Denmark	160,200	2011 est.
64	Puerto Rico	151,600	2011 est.
65	Cuba	150,200	2011 est.
66	New Zealand	148,900	2011 est.
67	Turkmenistan	145,000	2011 est.
68	Ireland	144,000	2011 est.
69	Hungary	141,100	2011 est.
70	Uzbekistan	137,100	2011 est.
71	Dominican Republic	122,300	2011 est.
72	Bulgaria	112,700	2011 est.
73	Bangladesh	108,900	2011 est.
74	Jordan	107,000	2011 est.
75	Lebanon	106,700	2011 est.
76	U.S. Virgin Islands	106,100	2011 est.
77	Oman	98,890	2011 est.
78	Panama	98,000	2011 est.
79	Sudan	95,450	2011 est.
80	Sri Lanka	89,620	2011 est.
81	Tunisia	88,380	2011 est.
82	Guatemala	83,910	2011 est.
83	Slovakia	80,810	2011 est.
84	Angola	79,430	2011 est.
85	Kenya	79,410	2011 est.
86	Croatia	78,520	2011 est.
87	Jamaica	74,410	2012 est.
88	Serbia	72,770	2013 est.
89	Curacao	72,000	2010 est.
90	Lithuania	70,390	2011 est.
91	Ghana	61,590	2011 est.
92	Luxembourg	61,380	2011 est.
93	Cyprus	58,430	2011 est.
94	Honduras	58,150	2011 est.
95	Bolivia	55,560	2013 est.
96	Slovenia	52,930	2011 est.
97	Bahrain	51,450	2012 est.
98	Uruguay	51,100	2011 est.
99	Costa Rica	50,200	2011 est.
100	Ethiopia	49,080	2011 est.
101	Armenia	45,300	2011 est.
102	El Salvador	44,040	2011 est.
103	Tanzania	43,310	2011 est.
104	Trinidad and Tobago	41,000	2011 est.
105	Myanmar	40,620	2011 est.
106	Senegal	40,600	2011 est.
107	Cambodia	39,350	2011 est.
108	Albania	38,390	2011 est.
109	Papua New Guinea	36,320	2011 est.
110	Bahamas	36,300	2011 est.
111	Latvia	31,340	2011 est.
112	Nicaragua	30,690	2011 est.
113	Cameroon	29,410	2011 est.
114	West Bank	29,310	2011 est.
115	Benin	29,170	2011 est.
116	Togo	28,670	2011 est.
117	Bosnia and Herzegovina	27,540	2011 est.
118	Paraguay	26,820	2011 est.
119	Estonia	26,340	2011 est.
120	Gibraltar	24,920	2011 est.
121	Mauritius	24,710	2011 est.
122	Côte d'Ivoire	24,630	2011 est.
123	Mongolia	22,990	2011 est.
124	Namibia	21,610	2011 est.
125	Iceland	20,770	2011 est.
126	Mozambique	20,090	2013 est.
127	Tajikistan	19,580	2011 est.
128	Malta	19,520	2011 est.
129	Zambia	19,260	2011 est.
130	Zimbabwe	19,030	2011 est.
131	Nepal	18,430	2011 est.
132	Mauritania	18,120	2011 est.
133	Fiji	17,810	2011 est.
134	Macedonia	17,490	2011 est.
135	Madagascar	17,480	2011 est.
136	Georgia	17,280	2011 est.
137	Uganda	16,930	2011 est.
138	Kyrgyzstan	16,640	2011 est.
139	Gabon	15,800	2011 est.
140	Botswana	15,420	2011 est.
141	Moldova	15,320	2012 est.
142	North Korea	15,000	2012 est.
143	Brunei	14,640	2011 est.
144	Guam	14,490	2011 est.
145	Suriname	14,100	2011 est.
146	Haiti	14,000	2011 est.
147	New Caledonia	13,640	2011 est.
148	Djibouti	12,460	2011 est.
149	Malawi	12,060	2011 est.
150	Guyana	10,910	2011 est.
151	Republic of the Congo	10,710	2011 est.
152	Democratic Republic of the Congo	10,240	2011 est.
153	Burkina Faso	9,960	2011 est.
154	Sierra Leone	8,768	2011 est.
155	Guinea	8,671	2011 est.
156	Barbados	8,339	2011 est.
157	French Polynesia	8,000	2011 est.
158	Seychelles	7,793	2011 est.
159	Macau	7,376	2013 est.
160	Belize	7,044	2011 est.
161	Maldives	6,875	2011 est.
162	Aruba	5,661	2011 est.
163	Somalia	5,659	2011 est.
164	Niger	5,629	2011 est.
165	Rwanda	5,245	2011 est.
166	American Samoa	5,115	2011 est.
167	Antigua and Barbuda	5,000	2011 est.
168	Mali	4,994	2011 est.
169	Faroe Islands	4,871	2011 est.
170	Swaziland	4,567	2011 est.
171	Eritrea	4,480	2011 est.
172	Montenegro	4,446	2011 est.
173	Afghanistan	4,229	2011 est.
174	Greenland (Denmark)	3,897	2011 est.
175	Liberia	3,533	2011 est.
176	Laos	3,391	2011 est.
177	Gambia	3,181	2011 est.
178	Central African Republic	3,175	2011 est.
179	Cayman Islands	3,141	2011 est.
180	Guinea-Bissau	2,922	2011 est.
181	Saint Lucia	2,922	2011 est.
182	Grenada	2,803	2011 est.
183	Timor-Leste	2,755	2011 est.
184	Bermuda	2,747	2012 est.
185	Cabo Verde	2,608	2011 est.
186	Burundi	2,290	2011 est.
187	Western Sahara	1,948	2011 est.
188	Saint Vincent and the Grenadines	1,948	2011 est.
189	Chad	1,817	2011 est.
190	Lesotho	1,777	2011 est.
191	Solomon Islands	1,728	2011 est.
192	Bhutan	1,719	2011 est.
193	Equatorial Guinea	1,588	2011 est.
194	Saint Kitts and Nevis	1,496	2011 est.
195	Tonga	1,221	2011 est.
196	Vanuatu	1,170	2011 est.
197	Samoa	1,070	2011 est.
198	Comoros	1,025	2011 est.
199	Nauru	1,000	2011 est.
200	Montserrat	1,000	2011 est.
201	British Virgin Islands	1,000	2011 est.
202	Turks and Caicos Islands	999	2011 est.
203	Cook Islands	974	2011 est.
204	Saint Pierre and Miquelon	974	2011 est.
205	Dominica	918	2011 est.
206	Sao Tome and Principe	904	2011 est.
207	Falkland Islands	300	2011 est.
208	Kiribati	300	2011 est.
209	Saint Helena	100	2011 est.

From Chart No. 1 you can see that Malaysia produces 661,240 barrels of oil a day at Top 25th position

661,240 barrels a day means 241.3 Million barrels a year

That's how much Oil Malaysia produces

Now we consume 831,000 barrels a day which is 303.3 Million Barrels a year

So there is a shortfall of 62 Million barrels of oil per year.

Now the question is

HOW IS IT POSSIBLE THAT MALAYSIA IS MAKING MONIES BY SELLING CRUDE OIL

IF SHE CONSUMES MORE THAT SHE PRODUCES?

The ANSWER is THIS:

1) Malaysia produce the sweet crude called Brent which is priced around USD60 per barrel now. And Malaysia exports this to 1st world nation. because it contains less sulphur.

And Malaysia buys the "sour crude" now around USD$50 for its own consumption. So there is a 20% gain

2) Malaysia also produce about 80 billion cubit meter of Natural Gas and only consume about 43 billion cubit of natural gas a year

SO THERE IS A SURPLUS OF 37 BILLION CUBIT OF NATURAL GAS WHICH MALAYSIA EXPORTS TO JAPAN AND OTHER COUNTRIES

That's how PETRONAS MAKES ITS MONEY

Now we already got a small shortfall of 62 million barrels of crude per year. This shortfall has been mitigated by the use of Natural Gas.

BUT PETRONAS NEEDS ANOTHER 55 MILLION BARRELS OF CRUDE OIL FOR ITS REFINERY IN RAPID

That is a High Calling

THAT IS WHY PETRONAS HAS BEEN RAMPING UP JOB AWARDS TO MANY O&G SERVICE PROVIDERS

This New Surge of Job Awards have already thrown up by the exceedingly good results of Carimin, Dayang & Naim

This will soon be followed by all other Oil entities in Malaysia

SO THE POWERFUL BULL RUN IN O&G COUNTERS IS NOW ON THE WAY

BIG QUESTION IS

WHICH ARE THE O&G COUNTERS THAT WILL BENEFIT THE MOSTEST

Can we find the Ones with the Best Prospects yet with High Defensive Qualities?

(THE PAST LEAN YEARS WHEN OIL WAS USD$30 PER BARREL HAVE CAUSED MANY TO BE INSOLVENT AND SOME TEETHERING ON BANKRUPTCY) THOSE THAT SURVIVED WILL HAVE LESS COMPETITION

LAST TIME ALL THESE NEED PETRONAS. NOW IS PETRONAS' TURN IN NEED OF THEM

PETRONAS WILL NEED THE SUPPORT OF EVERY O&G ENTITIES TO GET THAT 55 MILLION BARRELS OF CRUDE OIIL - AT SO CRUCIAL A TIME LIKE NOW

THE FORTUNES OF MALAYSIA DEPENDS ON REVENUE FROM PETRONAS

Now baby Carimin is up. Taiko Dayang also up. And Naim pulled up by Dayang

My Next Chun Chun Buy Call is AZRB (7078)

Why AZRB?

These are the Top Reasns

1) AT 35 SEN TODAY AND NTA OF 89 SEN AZRB IS SELLING AT A HUGE DISCOUNT OF 60% WHICH PROVIDES A MARGIN OF SAFETY.

2) AT ITS PEAK AFTER ADJUSTED FOR CAPITAL EXERCISE AZRB WAS OVER RM1.40. SO NOW IS ALMOST AT 10 YEAR LOW BY 75% DISCOUNT

3) AHMAD ZAKI IS A TOP A CLASS BUMI CONTRACTOR. WINNING PROJECTS ON ITS OWN MERIT AND EXPERTISE FOR MANY YEARS. IT IS ON PAR WITH EVEN MANY TOP CLASS A NON BUMI CONTRACTORS.

4) THIS JANUARY 3RD 2019 PETRONAS HAS RENEWED AZRB MARINE OIL SUPPLY IN KEMAMAN FOR ANOTHER 5 YEARS FROM 2019 TO 2023. THIS ACCELERATED OIL EXTRACTION BOOM TIME WILL ADD IMMENSE BUSINESS TO AZRB

5) FURTHER UP NORTH IN TOK BALI, KELANTAN PETRONAS IS INJECTING RM26 MILLIONS IN JV WITH AZRB TO DEEPEN THE PORT FOR BIGGER VESSELS TO DOCK

SO AZRB WILL SEE VERY BRIGHT PROSPECT GOING FORWARD INTO THIS MOMENTOUS TIME WHEN RAPID IS FIRING UP

6) NOW FROM FEEDBACKS THERE WAS A MAJOR CONCERN. AZRB HAS HIGH DEBT & THE LAST QUARTER PROFIT WAS LACK LUSTER

Refer to Latest Qtr balance sheet

The Total borrowings of AZRB is about Rm2.5 Billions

Now see this is backed by Defensive Assets

PPE Rm326 Millions

Concession Services Rm1.13 Billions

Other Investments Rm559 millions

CASH Rm280 millions

Rm213 Biological Assets Rm213 millions

TOTAL: RM2.508 Billions

AZRB has a Toll Road with Almost One Billion Rm expended.

EAST KALNG VALLEY EXPRESS WAY COMPLETNG IN YEAR END 2019

The East Klang Valley Expressway, EKVE is a new expressway under construction in Klang Valley, Malaysia. The 39.5-kilometre-long (24.5 mi) expressway will connect Ukay Perdana in Ampang, Selangor and Bandar Sungai Long in Kajang. This expressway is part of the Kuala Lumpur Outer Ring Road (KLORR). The construction of the expressway was started on 1 September 2015.^[1] The entire expressway is expected to be completed by 2019.^[1] Once completed, the expressway will benefit 140,000 motorists per day.^[2]

And secured a Teaching Hospital Concession for RM600 Millions

IIUM signed a Concession Agreement (CA) with Ahmad Zaki Resources Berhad (AZRB) and Ministry of Higher Education (MOHE) to design and build a Teaching Hospital in IIUM Kuantan Campus.

During the signing ceremony on 21th September 2011 at Putrajaya Marriott Hotel, MOHE was represented by its Secretary General Datuk Ab. Rahim Md. Noor, IIUM by its Rector, Prof. Dato’ Dr. Zaleha Kamaruddin, while AZRB by its Group Managing Director Dato’ Zakariah Haji Wan Muda.

SO MANY OF THESE ARE RECESSION PROOFS

HEALTH CARE, TOLL ROAD, OIL SUPPLY BASE & OTHERS

AZRB HAS SECURED THE OIL SUPPLY HUB FOR KEMAMAN & NOW EXPANDING TOK BALI FOR ITS SUPPLY HUB TO PETRONAS, TO THAILAND AND EVEN AS FAR AS VIETNAM

AND AZRB OIL PALM IN KALIMANTAN IS NOW MATURING. IT HAS EVEN ITS OWN PALM OIL MILL FOR EXTRACTION

A CHECK WITH ITS LAST FEW QUARTERS UNDER PERFORMANCE WAS DUE TO THE VERY WEAK RUPIAH AGAINST THE US DOLLAR. AND AZRB MARKED DOWN THE BIOLOGICAL ASSETS BY RM20 MILLIONS. THIS SHOULD REVERT AS THE RUPIAH HAS STENGTHENED. TAKING THIS ONE OFF CURRENCY FLUCTUATION AZRB ACTUALLY HAS A SINGLE DIGIT P/E!

ANOTHER OVERLOOKED GREAT POSITIVE

WHEN PH GOVT SCALED DOWN GAMUDA UNDER GROUND TUNNELING AND DEFERMENT OF 2 MRT STATIONS IN BANDAR MALAYSIA - AZRB ESCAPED PRACTICALLY UNSCATHED AS ITS SERDANG - SG BULOH MRT WERE ALL ABOVE GROUND. SO FAR SO GOOD

AND THESE ARE THE PROJECTS IN HAND WHICH SHOULD PROPEL STRONG EARNINGS PER SHARE GOING INTO 2019, 2020 & BEYOND

On 11 April 2017, TB Supply Base Sdn. Bhd. (“TBSB”), a 51%-owned subsidiary of the Company entered into a 2 years service contract with Carigali Hess Operating Company Sdn. Bhd. (“Carigali Hess”) at the Tok Bali Supply Base in Kelantan.

On 7 September 2017, Ahmad Zaki Sdn. Bhd., a wholly-owned subsidiary of the Company received a Letter of Acceptance (“LoA”) from BBCC Development Sdn. Bhd. (the “Award”) for Substructure Package B2 (Parcel 4 and 5): Earthworks, Piling, Diaphragm Wall, RC Works, Pencawang Masuk Utama (PMU) and Pencawang Pembahagian Utama (PPU) Works (the “Works”). The Award for the Works amounts to a total value of RM221,900,000.

On 13 October 2017, Ahmad Zaki Sdn. Bhd., a wholly-owned subsidiary of the Company received and accepted a Letter to Successful Nominated Sub-Contractor from Mass Rapid Transit Corporation Sdn. Bhd. (the “Award”) for a project known as “Projek Mass Rapid Transit Laluan 2: Sungai Buloh-SerdangPutrajaya – Package S206: Construction and Completion of Elevated Stations and Other Associated Works at Serdang Raya (South), Seri Kembangan and UPM” (the “Works”). The Award for the Works amounts to a total value of RM288,470,744.

On 21 December 2017, Ahmad Zaki Sdn. Bhd., a wholly-owned subsidiary of the Company received and accepted a Letter of Award from Institute of Technology Petronas Sdn. Bhd. (the “Award”) for a project known as “The Proposed Construction and Completion of Block 11 & Block 12 of Academic Buildings for Faculty of Geosciences and Petroleum Engineering and TNB 33kv Substation at University Technology Petronas, Bandar Seri Iskandar, Perak Darul Ridzuan” (the “Contract Works”). The Award for the Contract Works amounts to a total value of RM138,380,277.

Ahmad Zaki Sdn Bhd had on 16 May 2018, received and accepted a Letter of Acceptance from PNB Merdeka Ventures Sdn Bhd (“the Award”) for a project known as “Construction of Jalan Hang Jebat, Jalan Stadium (Victoria Institutions) and Chinwoo Tunnels, Elevated U-Turn and Flyover, Galloway Pedestrian Bridge, Relocation of Existing Utilities, Upgrading and Improvement of Surface Road and Associated Works, Mukim Bandar Kuala Lumpur, Daerah Kuala Lumpur, Wilayah Persekutuan” (“the Contract Works”).

The Award for the Contract Works amounted to a total value of RM197,961,918.51 excluding GST. The Contract Works shall commence on 21 May 2018 and is to be completed within 883 calendar days from commencement date.

The Contract Works is expected to contribute positively to the Group’s future earnings.

Ahmad Zaki Resources Berhad (“AZRB or the Company”) is pleased to announce that its wholly-owned subsidiary, Ahmad Zaki Sdn Bhd has on 21 December 2017, received and accepted a Letter of Award from Institute of Technology Petronas Sdn Bhd (“the Award”) for a project known as “The Proposed Construction and Completion of Block 11 & Block 12 of Academic Buildings for Faculty of Geosciences and Petroleum Engineering and TNB 33kv Substation at Universiti Teknologi Petronas, Bandar Seri Iskandar, Perak Darul Ridzuan” (“the Contract Works”).

The Award for the Contract Works amounted to a total value of RM138,380,277.91. The Contract Works is expected to be completed in the next 30 months until 15 July 2020.

COMING UP NEXT:

IF ECRL IS RESTORED WITH CHINA OR LOCAL CONSTRUCTION COMPANIES WHAT WILL BE THE IMPLICATIONS FOR AZRB, TDM & TALAM LAND BANKS?

Please Note:

Please buy or sell after doing your own due diligence.

BEST REGARDS

Calvin Tan Research

Discussions

2 people like this. Showing 50 of 65 comments

calvintaneng

103888 is correct

My Friend CH Lau took the catering meals in Pengerang Rapid - cooking meals for thousands of bangla & china nationals

Pengerang completed phase one.

And he is fortunate to get same contract for phase 2

He said margin thin but profit still good due to such huge volumes of so many thousands

2019-02-13 17:09

qqq3

this 5% invested spread over 50 stocks.....

people distributing already also u would not know.......and also no difference to u........

2019-02-13 17:15

calvintaneng

Post removed.Why?

2019-02-13 17:19

qqq3

this one day one thing calvin......

when he lies, when he tell the truth....God only know......

2019-02-13 17:21

apolloang

carimin more than 400% lo.....sasbabi leh?

2019-02-13 17:23

apolloang

datuk calvin sold house hentam sasbabi 21.5cts 1 mil shares ar RM215k?

2019-02-13 17:26

KAQ4468

sasbabi + butaland = babibuta

kah kah kah

2019-02-13 17:27

calvintaneng

Posted by apolloang > Feb 13, 2019 05:26 PM | Report Abuse

datuk calvin sold house hentam sasbabi 21.5cts 1 mil shares ar RM215k?

APOLLO

sasbadi ok but will take time

RIGHT NOW THE WHEEL OF INDUSTRY IS TURNING UP IN PENGERANG RAPID

ALL O&G STOCKS ARE RUNNING NOW!!!

THE ONES WITH STRONG EPS (EARNINGS PER SHARE) RUN UP FIRST

HEAVY WEIGHT WILL ALSO FOLLOW LATER

SO MUST FOCUS NOW ON O&G!!!

2019-02-13 17:29

stockraider

Correctloh...raider just follow Sifu calvin already make a few thousand bucks loh....!!

Sifu calvin one of the best margin of safety investor mah...!!

Posted by calvintaneng > Feb 13, 2019 05:19 PM | Report Abuse

Posted by qqq3 > Feb 13, 2019 05:15 PM | Report Abuse

this 5% invested spread over 50 stocks.....

people distributing already also u would not know.......and also no difference to u........

HAHAHA!

YOU ARE THE STUPID QUACK WHO IS AN IGNORAMOUS

CALVIN JUST SOLD 2 HOUSES AND LOADING UP ON O&G STOCKS!!

2019-02-13 17:29

apolloang

Posted by KAQ4468 > Feb 13, 2019 05:27 PM | Report Abuse

sasbabi + butaland = babibuta

u know malay word or not?mana got babibuta one.....butababi got lah….hahaha

2019-02-13 17:30

apolloang

I tot datuk calvin u put all eggs into 1 bastard,SASBABI

2019-02-13 17:32

calvintaneng

Post removed.Why?

2019-02-13 17:36

apolloang

mphb again or dialog?

2019-02-13 17:37

calvintaneng

Posted by apolloang > Feb 13, 2019 05:37 PM | Report Abuse

mphb again or dialog?

I bought dialogue at 60 sen years back and Osk people say good

At that time I could not see anything good in dialogue so I let it go for a few cents profit

Aiyoyo

When I finally realised that Dialogue is storing those millions of barrels of oil in Giant Containers then I knew I made a Big Mistake

Dialogue already crossed Rm3.00

Too late to buyback or chase

Mphbcap still cheap now

2019-02-13 17:45

qqq3

calvin talk rear view pandai....

got front view or not?

people get the cake already....now asking people for crumbs....

2019-02-13 17:48

calvintaneng

Posted by qqq3 > Feb 13, 2019 05:48 PM | Report Abuse

calvin talk rear view pandai....

got front view or not?

people get the cake already....now asking people for crumbs....

REAR VIEW?

YOU ARE CORRECT LOH

CAN SEE THIS QUACK QUACK LEFT FAR BEHIND NOW AT THE REAR VIEWING CALVIN BULL STOCK NAIM GOING UP FROM 47 SEN TO 73 SEN

UP 55% HOHOHO!!!

2019-02-13 17:53

qqq3

stock brokers hot favorites...Serba and MBM........

U can pump all u like and not be accused of PnD.......

all from public records.....

2019-02-13 17:55

calvintaneng

Don't be misled by quack

SEE CALVIN CHUN CHUN FORECAST COMING TRUE

MASSIVE INVESTMENT INTO PENGERANG'S CHEMICAL INDUSTRIES

See

https://www.thestar.com.my/metro/metro-news/2019/02/13/johor-looking-to-boost-investments-in-petrochemicals-food/

2019-02-13 17:58

qqq3

calvin...u are bullish in Pengerang...there are better and more relevant stocks than you stock picks........

2019-02-13 18:09

(S = Qr) Philip

Somehow I find the fact that Calvin tan can suddenly smell profit in our&g stocks, suddenly sell 2 houses ( that fast? At a loss?) And have the guts to all in on o&g stock in less than a month to be very very suspicious.

Anyway, I'm at taking calvinT with a grain of salt, what is one more grain?

Good luck Calvin. May you be blessed.

2019-02-13 18:13

calvintaneng

Hahaha

I am very busy now

I have been buying carimin, naim, azrb. Added more mphbcap on weakness

No time for small talk

SHALL LOAD UP MORE

More O&G stocks researching this evening

SO HAPPY NOW!!!

2019-02-13 18:21

calvintaneng

Note

I taken profit on carimin too early.

Never mind. I loaded up on Naim & now AZRB!!!

Give me a "FIVE"!!!

2019-02-13 18:22

targetinvest

calvin so wad about choobee ? Margin of safety ? Earning ? Dividend... net cash

All good good.. nta also high high..

2019-02-13 19:01

calvintaneng

Choobee is good.
BUT I think Bull run still in O&G stocks which will excel

2019-02-13 19:06

value88

I have been shouting "undervalued" for AZRB for months.
It's last few quarters' reported EPS was very much impacted by forex loss in its Indonesian palm oil plantation segment. However, this issue will not happen since Oct'18 as Indonesian Rupiah has strengthened.

I am certain that AZRB is going to register much higher EPS for Oct-Dec'18. It will be much higher QoQ and YoY. Mark my words.

2019-02-13 20:42

Primeinvestor

lol, prepare to be slaughtered

2019-02-13 22:33

calvintaneng

Posted by value88 > Feb 13, 2019 08:42 PM | Report Abuse

I have been shouting "undervalued" for AZRB for months.
It's last few quarters' reported EPS was very much impacted by forex loss in its Indonesian palm oil plantation segment. However, this issue will not happen since Oct'18 as Indonesian Rupiah has strengthened.

I am certain that AZRB is going to register much higher EPS for Oct-Dec'18. It will be much higher QoQ and YoY. Mark my words.

CALVIN THINKS THIS IS THE MOST INTELLIGENT COMMENT

A BIG THUMBS UP!!!

2019-02-13 22:59

calvintaneng

Post removed.Why?

2019-02-14 00:34

Nicholasming91

Azrb try to handle too many things.. thats why their profit margin is very low. Hopefully will bounce back for those who bought above 0.50

2019-02-14 00:44

calvintaneng

Posted by Nicholasming91 > Feb 14, 2019 12:44 AM | Report Abuse

Azrb try to handle too many things.. thats why their profit margin is very low. Hopefully will bounce back for those who bought above 0.5

Margin low?

Not for long

1) Rupiah recovering now

2) Toll Road ready for collection year end

3) Tok Bali ready to do more business

4) More sale of marine oil in Kemaman & Tok Bali due to heightened activity to hurry more supplies for RAPID in Pengerang

5) Palm Oil fruit in Kalimantan maturing & price going up

6) Work progress from Mrt, Hospital, Tnb building are bringing in staggered payments

7) Property sales in Pahang & Kelantan

8) AZRB is A to Z Bhd : Everything got and everything good!

Good night

Buying this defensive stock can really sleep well

ZZZZzzzzz,,,

2019-02-14 00:58

Nicholasming91

Goodnight , if break my targrt 0.38 enter also not late yet . All the best

2019-02-14 01:06

Koon Bee

Follow Calvin one more time after Dayang and Naim. Huat

2019-02-14 01:25

calvintaneng

Nicholasming91 Goodnight , if break my targrt 0.38 enter also not late yet . All the best
14/02/2019 01:06

NICHOL

Target broken

Get in before it breaks 40 sen barrier

Keep till whole of year 2019 for maximum upside

2019-02-14 09:52

calvintaneng

Koon Bee Follow Calvin one more time after Dayang and Naim. Huat
14/02/2019 01:25

Welcome koon bee

THUMBS UP TO A GREAT OIL & GAS BULL RUN YEAR!

2019-02-14 09:52

apolloang

later 1 day show like SASBABI

2019-02-14 10:00

calvintaneng

apolloang later 1 day show like SASBABI
14/02/2019 10:00

Your apollo rocket engine hasn't fired up yet?

THE BULL RUN IN O&G STOCKS IS JUST STARTING

STILL EARLY

BETTER WAKE UP AND JOIN IN

MANY MISSED THE JUMBO JET NAIM AS IT FLEW FROM 47 SEN TO OVER 70 SEN FOR 50% UPSIDE

SO YOU MUST NOT MISS THE AZRB YOUNG BULL

CATCH IT BY THE HORN BEFORE IT CROSSES 40 SEN

2019-02-14 10:09

calvintaneng

See this article from YEAR 2014 (5 years ago_ NOW FAST FORWARD TO CALVIN COMMENTS IN BRACKETS

KUALA LUMPUR: Ahmad Zaki Resources Bhd (AZRB) is expecting RM700 million to RM750 million in revenue this year, driven by its construction division, said chief operating officer Datuk Roslan Jaffar.

He said construction projects including the Klang Valley mass rapid transit (MRT), the International Islamic University Malaysia’s (IIUM) teaching hospital in Kuantan, Pahang and Permodalan Nasional Bhd’s (PNB) hotel and office tower project in Kuala Lumpur will contribute to its projected higher revenue.

In 2012, AZRB was awarded a construction package worth RM764.9 million for a viaduct and station for the MRT,

as well as a RM673 million contract from PNB for the construction of a 50-storey hotel and the refurbishment of an existing 35-storey office building in Jalan Sultan Ismail.

It also bagged a RM600 million deal to develop IIUM’s teaching hospital.

(THIS RM600 MILLIONS WILL COME SOON) (CHUN CHUN ONE)

Other projects AZRB hopes to clinch this year involve the MRT2, the Tun Razak Exchange in Kuala Lumpur and Petroliam Nasional Bhd’s refinery and petrochemicals integrated development (Rapid) in Johor.

(PETRONAS AWARDED CONTRACTS IN TOK BALI & IN KEMAMAN) (CHUN CHUN ONE!!)

On the group’s construction of the RM1.55 billion East Klang Valley Expressway (EKVE) connecting the Silk Highway in Kajang to the Karak Expressway in Gombak, Roslan said work is expected to start by the third quarter of this year. The project is scheduled to take three to four years to complete.

(THIS HIGHWAY COMPLETING SOON THIS VERY YEAR OF 2019) (CHUN CHUN ONE!!!)

In February last year, AZRB entered into a concession agreement with the government for the design, construction, completion, operation, management and maintenance of the EKVE for a period of 50 years. (SEE AZRB GETS GOVT JOBS!!)

On its plantations, Roslan said AZRB is looking to expand its total planted area from 4,700ha to 10,000ha in Kalimantan Barat, Indonesia over the next few years. It is also planning to build a 90-tonne mill in the plantation area.
“We are finalising the design by this year, so we should be able to construct it by early next year and start commissioning it by 2016.

“Five years down the road, we hope our plantations will be a significant contributor [to the group’s revenue],” he added.

(THAT WAS IN 2014 NOW IS 5 YEAR DOWN THE ROAD IS YEAR 2019 TO REAP HARVEST) CHUN CHUN ONE!!

On capital expenditure this year, the group has allocated RM150 million for the construction of EKVE and another RM90 million for the construction of the mill.

This article first appeared in The Edge Financial Daily, on March 18, 2014.

(ALL THE BUSINESSES WILL CONVERGE TO MAKE PROFITS IN YEAR 2019)

(VERY CHUN CHUN TIMING!!!)

(THIS IS THE REASON WHY COMPANY IS SANGUINE TO GIVE A VERY NICE 15.2% DIVIDEND YIELD TO ALL DIRECTORS AND SHAREHOLDERS)

THE FUTURE NOW IS GETTING VERY BRIGHT

(WHILE PRICE OF AZRB NOW BOTTOMING AND GOING FOR A MULTIYEAR REBOUND!!!)))

2019-02-14 15:50

autobot

Calvin bro, now all eyes on oil and gas counter, AZRB can't go higher one. Just looks at TURBO, the point is now it still unmove there.
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5167

2019-02-14 16:15

calvintaneng

Posted by autobot > Feb 14, 2019 04:15 PM | Report Abuse

Calvin bro, now all eyes on oil and gas counter, AZRB can't go higher one. Just looks at TURBO, the point is now it still unmove there.
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5...

Calvin replies:

AZRB engine just started

Lots of stale bulls and doubters must get out first

AFTER THAT THE ENGINE WILL FIRE UP AND TURN ON THE TURBO CHARGE

ONCE TURBO CHARGING IS ON

THE MADDENING CROWD OF MR MARKET MIGHT JOIN IN & PRICE WILL SHOOT INTO OVERVALUATION

FOR NOW STILL VERY SAFE

IF TAKE BEN GRAHAN SAFETY BELT METHOD THEN

89 x .7 = 62.3 SEN

THEN 62.3 SEN IS THE MARGIN OF SUPPORT

IF IT CROSSES 62 SEN THEN ONLY BE CAREFUL

FOR NOW JUST ACCUMULATE

KEEP IT

2019-02-14 16:21

sandrakkc

Last chance to take 39.5

2019-02-14 16:36

TeamRocket

SKL

2019-02-14 20:04

calvintaneng

sandrakkc Last chance to take 39.5
14/02/2019 16:36

Sandra is correct

Slow boat will miss Azrb at 40 sen just like those slow boat who missed carimin at 39.5 sen, missed dayang at 55 sen & missed Naim at 50 sen

2019-02-15 09:25

ANALyst

Post removed.Why?

2019-02-15 09:27

calvintaneng

Yes
Stale holders of Azrb and short term traders might take profit

Azrb won't go up in a strait line

So invest carefully as long as its fundamental is sound and earnings rebound

2019-02-15 10:33

calvintaneng

Post removed.Why?

2019-02-15 15:04

Veron_teo

Lol last chance to sell 0.395 got lar haha.

2019-02-15 18:12

calvintaneng

There are doubters and there are stale bull

Now we will look forward to Feb end quarterly report

2019-02-15 19:48

calvintaneng

After a short pause the bulls will start to run again

2019-02-19 08:16

calvintaneng

Sustainable your patience great movements take time to develop

This 0&G bull does not run for just one month or two

It is going to run up strongly for at least a year or two

So must buy and hold

Don't play contra, don't take small profit.

Aim big!

2019-02-19 08:19

calvintaneng

Sustain your patience

2019-02-19 08:20

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