THE INVESTMENT APPROACH OF CALVIN TAN

AZRB (A to Z RINGGIT BERHAD) Reposting from May 2018 Article , Calvin Tan Research

calvintaneng
Publish date: Fri, 15 Feb 2019, 03:01 PM
calvintaneng
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Hi Guys,

I have An Investment Approach I which I would like to all.

AZRB (A to Z RINGGIT BERHAD) Toll Road Being Taken Private With Compensation OK, Calvin Tan Research

Author:   |    Publish date: 

 

 


 

Posted by chloe_ts > Aug 3, 2014 10:16 PM Report Abuse 

A to Z RINGGIT BERHAD 

Its Salient Factors 

AZRB is A Rare Bumi Co. With Class A Standard. Many Govt Projects have been awarded to AZRB over the years. So AZRB will last a long long time. 

But The Amazing Things about AZRB is its All Encompassing Businesses! Covering from A to Z! 

1) Construction & Engineering. 

As of now AZRB Already secured Putrajaya & Langat 2 for RM483 Mil project. 


2) OIL & GAS CONTRACTS WITH PETRONAS 

This lucrative contract supplying diesel oil to offshore platforms have been making good money. George Kent went Limit Up at the news of O & G Venture. 

3) OIL PALM CULTIVATION/ 

AZRB has 18,500 acres of Oil Palm lands in Indonesia. Bought in year 2005 for only RM449 an acre The losses from Oil Palm cultivation is bearing fruit now as trees are fruiting. Ha! AZRB's Oil Palm fruit can easily make RM449 an acre per month. THE PROFIT POTENTIAL IS IMMENSE HERE! 
Why buy Jtiasa or other plantation stocks when AZRB SO CHEAP! 


4) RECESSION PROOF TOLL ROAD FOR 50 YEARS! 

AZRB has been awarded a RM1.55 Billion contract to build highway from Gombak to Kajang. And followed by a 50 years concession. (SILK Has only 33 years for Kajang Toll.) You missed SILK at 40 cents? 

Ha! AZRB is Another SILK! So don't miss this round. 


5) QUARRY IN TRENGGANU 

In year 2003 AZRB bought 50 acres of quarry lands in Trengganu for only RM76,000. Yes! That's the book value. AZRB got it almost free from BN Govt. 
RM1,500 an acre? 


6) LAND BANKING 

AZRB also own 30 Acres Commercial Lands in Kuantan. Bought in year 2012 for only RM296K per acre or RM6.80 per sf. How come so cheap? Again Govt Link Mah? 

And another 11 acres land in Bentong bought in 2010 for RM697K (about Rm63k an acre). Today land in Bentong is worth between RM200K to RM300K or more an acre. 

See Pasdec own Pahang lands. Given by BN Mah! Ha! Pasdec went limit up recently. AZRB lands much better. So should have gone limit up like Pasdec. 


7) GREATER KL MRT 

AZRB with IJM has been awarded the Sungai Buloh - Kajang MRT for a RM1.7 billion project. And being pure Bumi Class A Contractor - more will come. 
That's why EPF is buying. EPF giving 6% or more dividend lor. 

8)UNDERVALUED ASSETS NEVER BEEN REVALUED. 

Surprise! Surprise! AZRB has VERY UNDERVALUED ASSETS. Why Go GaGa over CHHB, SBC Corp or Brem for their undervalued assets? AZRB also got mah! 

Please refer to Year 2013 Annual Report of AZRB 

1) Menara AZRB year 1994. Built one year ago RM55 Millions. 

2) 5 Storey Corner Shophouse in Setapak bought in 1997 for RM2.1 Millions. 
Land size about 3,500 sq ft. or about RM600 psf not including building. Not far away is KLCC going for RM3,500 psf now. 

So what is the Current Value of this 5 storey shop house? Anyone in KL? 

3) Beside AZRB HQ is a 12,000 sq ft land bought in 2007 for RM1.4 Million. 
A mainroad frontage commercial land in Setapak for RM116 psf? You must be crazy. Crazy book value? 

4) 5 Storey Shop in Setapak bought year 2000 for RM673,000. 

RM673K? You can't even get a double storey house in Taman Melawati - much less a 5 storey shophouse in Setapak. 

5) 4 Storey Shophouse bought year 2005 for RM704K? Ha! Crazy price again? 

Years back Calvin SAW SBC Corp has Prime Lands in Ipoh Road & Setapak at deep discount. So Calvin bought SBC Corp at 45 cents to 50 cents. Today SBC Corp is RM2.18 Up Over 400% Already. Yet I hear people say SBC Corp is still undervalued. 

If SBC Corp is undervalue, then AZRB must be Crazy Value! 

But The Greatest Surprise Is 

THE BENJAMIN GRAHAM OF MALAYSIA IS TOP 11 SHAREHOLDERS OF AZRB WITH 1,850,000 Shares! Google under the Name of Neoh Choo Ee & Company will reveal Address No. 73, Beach Road, Penang. 

The Official address of DynaQuest Grand Champion Ben Graham of Malaysia Sir NEOH SOON KEAN! 

At No.7 Is Public Islamic Opportunity Fund. 

At No. 17 is Public Islamic Treasure Growth Fund 

See Even PUBLIC BANK Fund Managers bought into AZRB. 

So you can save on fees by buying Direct Into What They Call "Treasure" without paying unit trust fee by Buying directly AZRB shares! 

HAPPY INVESTING! 


Free Research News 


Calvin Tan, Singapore.

 

Additional Comments by Calvin on May 18th 2018

Hi guys,

I posted on AZRB in Year 2014. Since then price has doubled. Now that price has been sold down together with other Construction Stocks Calvin think VALUE HAS EMERGED

 

These are the current factors for AZRB

1) AZRB is one of those Rare CLASS 1 BUMI CONRACTORS.

So it will get projects based on its own merit in the new PH Government. And it should do well.

 

2) AZRB IS THE FIRST CONTRACTOR TO SECURE FRESH PROJECT IN THE NEW PH GOVERNMENT

See

 

OTHERS 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 FOR PNB MERDEKA VENTURES SDN BHD - LETTER OF ACCEPTANCE

AHMAD ZAKI RESOURCES BERHAD


 

Type Announcement
Subject OTHERS
Description
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 FOR PNB MERDEKA VENTURES SDN BHD 
- LETTER OF ACCEPTANCE

The Board of Directors of Ahmad Zaki Resources Berhad (“AZRB” or “the Company”) is pleased to announce that its wholly-owned subsidiary, Ahmad Zaki Sdn Bhd had on 16 May 2018,(NOTE DATE OF JOB AWARD IS 16TH MAY 2018 AFTER THE MAY 9TH ELECTION; SO THIS AWARD IS IN PH BRAND NEW ERA)  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.

None of the Directors and Substantial Shareholders of AZRB or any persons connected with them has any interest, direct or indirect, in the Contract Works.

The Board of AZRB is of the opinion that the Contract Works is in the best interest of the Company.

 

This announcement is dated 17 May 2018.  

 

3) AZRB INSIDERS SEEING VALUE IS LOADING UP

 

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : DEALINGS DURING CLOSED PERIOD

AHMAD ZAKI RESOURCES BERHAD

 

Type Announcement
Subject DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
Description
AHMAD ZAKI RESOURCES BERHAD ("AZRB")
- DISCLOSURE OF INTEREST IN SECURITIES UNDER CHAPTER 14 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

We refer to our announcement made on 14 May 2018 on the Notice of Intention to Deal in the securities of AZRB during the closed period by Dato’ Sri Wan Zakariah bin Haji Wan Muda, the Group Managing Director of AZRB.

Pursuant to Chapter 14, Paragraph 14.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, we wish to announce that Dato’ Sri Wan Zakariah bin Haji Wan Muda has given notice of dealing in the securities of AZRB, details as set out in the Table below:-

ORDINARY SHARES

Date of Acquisition No. of Shares Acquired % of Issued Share Capital

Price Transacted

(RM per Share)

16.05.2018 100,000 0.01 0.41

 

This announcement is dated 17 May 2018.

 

4) AZRB IS NOW SELLING AT A NICE 55% DISCOUNT TO NTA

AZRB price now is 39 Sen with NTA of 85 Sen meets the Margin of Safety (30%)

 

5) A 1.5 SEN DIVIDEND OR 3.8% DIVIDEND IS PROPOSED (Near Bank FD)

AZRB has consistently gave out Dividends all these years

See

 

SO THIS IS IT!!!

AFTER THE SELLING CARNAGE IS OVER AZRB WILL SEE BETTER DAYS, MONTHS & YEARS AHEAD. ON ITS ON DEEP VALUE. ON ITS ACCUMULATED YEARS OF EXPERIENCE. AND ABOVE ALL ON ITS OWN MERIT AS A CLASS A BUMI CONTRACTOR

 

WARMEST REGARDS

 

Calvin Tan Research,

Singapore

 

LATEST HIGHLIGHT ON FEB 15 2019

 

 NOW ALL THESE ARE GETTING BRIGHTER

 

1) TEACHING HOSPITAL COMPLETED NOW WAITING FOR RM600 MILLIONS PAYMENT FROM MALAYSIA GOVT

2) OIL PALMS PLANTED IN 2014 NOW FRUITING

3) TOLL ROAD COMMENCED IN 2014 NOW READY IN YEAR 2019

4) TOK BALI MARINE OIL HUB JV WITH PETRONAS  READY SOON

5) FRESH CONTRACT GIVEN BY PETRONAS FOR KEMAMAN MARINE OIL SUPPLY (2019 to 2023; 5 YEARS)

6) RINGGIT REBOUNDING AGAINST US DOLLARS MEANS NO MORE FOREX IMPAIRMENT

7) AZRB MANAGEMENT FORESEE BETTER DAYS AHEAD GAVE A VERY GOOD 15.2% DIVIDEND YIELD

 

BEST REGARDS

 

 

Calvin Tan

Singapore

 

 

 

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1 person likes this. Showing 11 of 11 comments

calvintaneng

Still closing below 40 sen?

It won't stay so low for long

2019-02-15 17:18

calvintaneng

Note:
When I first posted this the title was

A to Z Bhd
Toll Road Taken Private with Compensation

At that time the new PH Govt election manifesto said that All Toll Roads in Malaysia will be abolished if Pakatan win the election

2019-02-16 11:52

mayleow

60sen b4 raya .. Rm1.00 2020

2019-02-16 13:12

calvintaneng

Whoa!

See

AZRB (A to Z RINGGIT BERHAD) Reposting from May 2018 Article , Calvin Tan Research 888 0 3 Feb 15, 2019 Edit | Delete

At 6.08 pm 16 Feb 2019

Got 3 comments

And 888 page views

MAY ALL IN AZRB FATT FATT FATT!!

2019-02-16 18:07

calvintaneng

Manulife Insurance tells you to be bullish & invest in their Unit Trusts

See Manulife is in Top 30 Holders of AZRB

So just buy AZRB direct & don't need to pay high management fees

https://www.thestar.com.my/business/business-news/2019/02/16/mamsb-ceo-good-time-to-pick-stocks/

2019-02-16 22:09

calvintaneng

Azrb once owned Epic (Eastern Pacific Industrial Corp)

It owned 20% while the Trengganu Govt owned 40%

Epic has a supply base with 250 tenants and serving 63 offshore oil platforms

So good was the business that Trengganu Govt took Epic private and bought out Azrb

Now Azrb is starting a similar supply base in Tok Bali further north near Kota Bahru. This one serves an even wider geographical market as far as Thailand and Vietnam

2019-02-17 14:18

calvintaneng

Ooi of Kenanga also tells all to Invest in Small Cap stocks in Bursa for year 2019

And KN Kenanga has 2 Unit Trusts Invested in Top 30 of AZRB

https://www.youtube.com/watch?v=djciqh2i4HY

2019-02-17 15:33

calvintaneng

Saudi pumped Usd20 billions into Pakistan for O&G. Sure got more coming for Pengerang Rapid

Just buy ahead of good news yet to come

2019-02-19 08:15

suresh16

foolish around this world

2019-02-19 08:28

calvintaneng

Posted by 如鱼得水 > Feb 19, 2019 08:22 AM | Report Abuse

wat is that 2 do with this counter?

Posted by calvintaneng > Feb 19, 2019 08:15 AM | Report Abuse

Saudi pumped Usd20 billions into Pakistan for O&G. Sure got more coming for Pengerang Rapid


THIS COUNTER WILL SEE MULTIPLE STREAMS OF INCOME FROM RM600 MILLIONS (UNIVERSITY PAYMENT FOR AZRB), INCREASED SALE OF MARINE OIL FROM KEMAMAN BASE, MORE SALES FROM TOK BALI FOR O&G VESSELS, HIGHER CPO PRICE, RINGGIT GAINING IN FOREX, TOLL ROAD COMMENCING, PROGRESS PAYMENTS FROM MRT, VIADUCT JOB & PNB BUILDING

SO POWERFUL FACTORS ALL CONVERGING

GO GO POWER RANGER!

2019-02-19 08:57

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