THE INVESTMENT APPROACH OF CALVIN TAN

AZRB (7078) VERSUS PENERGY (5133) Compare & Contrast Their Similarities/Differences,Calvin Tan Research

calvintaneng
Publish date: Mon, 25 Feb 2019, 08:32 PM
calvintaneng
0 1,798
Hi Guys,

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

Hi guys,

Yesterday Penergy reported a very good qtr result & today Penergy went Limit Up from a low of 42 sen to a high of 72 sen for an almost 72% Jump in One Day. This is really spectacular considering that Penergy has been sold down in the doldrum for the past several years

Were there signs to show that Penergy will be turning around?

Actually there are several signs: Sudden Renewed Job Awards by Petronas. Insiders buying. Insiders continued to buy even next few immediate quarter results were bad.

And since Penergy also gone Limit Up is there a Similar Stock with same signs like Penergy? Sudden Job awards? Insiders buying. Insiders buying even after knowing next few lousy quarters?

YESSS! Which Stock is that?

Calvin Tan brings you Ahmad Zaki Bhd (7078) The stock that has all the characteristics of PENERGY & More!!

So read very very very carefully as we Compare & Contrast AZRB & PENERGY to SEE CLEARER

 

SIMILARITY 

1) Both PENERGY & AHMAD ZAKI ARE INTO OIL & GAS RELATED BUSINESS

AND BOTH HAVE BEEN GIVEN FRESH JOB AWARDS FROM PETRONAS

 

See Penergy

After some lean years finally Penergy received fresh job awards from Petronas

Reference is made to PENERGY’s earlier announcements dated 29 May 2013 and 3 June 2013 in respect of the Award for the Provision of Hook-Up, Commissioning and Topside Major Maintenance Services for 2013 to 2018.

The Board of Directors of PENERGY wishes to announce that PETRONAS Carigali Sdn. Bhd. (PETRONAS Carigali) had confirmed that the contract awarded to PRSB for the provision of hook-up, commissioning and topside major maintenance services which was previously awarded for a duration of five years from 21 May 2013 to 20 May 2018, has been extended for a further period of one (1) year from 21 May 2018 to 20 May 2019 (“Contract Extension”).

The Board of Directors of the Company, having taken into consideration all aspects of the Contract Extension, is of the opinion that the Contract Extension is in the best interest of the PENERGY Group.

This announcement is dated 13 June 2018.

 

Prior to this Penergy has been given a 5 year contract by Petronas which run from 21 May 2013 and expiring on May 20th 2018 (exactly 5 years) Very crucial. Just when contract expires Penergy receive a new life line of ANOTHER ONE YEAR JOB EXTENSION

 has been extended for a further period of one (1) year from 21 May 2018 to 20 May 2019 (“Contract Extension”).

Of course there are lots of work to be done this round AS PETRONAS WANTS PENERGY TO RAMP UP PRODUCTION KUAT KUAT

Of course at that time only Insiders Know. And they started accumulating & accumulating PENERGY SHARES On the Quiet (Very queit indeed)

Now see how these Insiders buy

 

 

 

 

Now these INSIDERS ALREADY KNOW THE NEXT FEW  BAD QUARTERS 

 

On May 2018 the EPS was a miserable 0.32 sen

On August 2018 the Earnings per share was even more horrible

See

SUMMARY OF KEY FINANCIAL INFORMATION
30 Jun 2018
 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Jun 2018
30 Jun 2017
30 Jun 2018
30 Jun 2017
$$'000
$$'000
$$'000
$$'000
1 Revenue
88,352
101,197
155,857
170,801
2 Profit/(loss) before tax
-15,931
3,087
-14,912
8,379
3 Profit/(loss) for the period
-15,931
3,087
-14,912
8,379
4 Profit/(loss) attributable to ordinary equity holders of the parent
-15,931
3,087
-14,912
8,379
5 Basic earnings/(loss) per share (Subunit)
-4.96
0.96
-4.65
2.61
6 Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00
   
AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7 Net assets per share attributable to ordinary equity holders of the parent ($$)
1.0500
  

Ha! Penergy made a - 4.96 sen loss

Yet Insiders are buying and buying Penergy shares

 

 

Then look at Nov 2018 Result below

 

SUMMARY OF KEY FINANCIAL INFORMATION
30 Sep 2018
 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Sep 2018
30 Sep 2017
30 Sep 2018
30 Sep 2017
$$'000
$$'000
$$'000
$$'000
1 Revenue
119,735
170,991
275,592
341,792
2 Profit/(loss) before tax
-24,574
-7,909
-39,487
470
3 Profit/(loss) for the period
-26,966
-7,909
-41,879
470
4 Profit/(loss) attributable to ordinary equity holders of the parent
-26,966
-7,909
-41,879
470
5 Basic earnings/(loss) per share (Subunit)
-8.40
-2.46
-13.05
0.15
6 Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00
   
AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7 Net assets per share attributable to ordinary equity holders of the parent ($$)
0.9700
  

 

WAH! GETTING FROM BAD TO WORST. A MORE HORRIBLE QUARTER?

Outsiders were selling and running away

BUT INSIDERS WERE STILL BUYING AND BUYING MORE PENERGY SHARES

 

Why Did They Buy?

BECAUSE THEY SAW THE BOOM TIME COMING WHICH WE OUTSIDERS  CANNOT SEE YET

 

Then latest Quarter

See

SUMMARY OF KEY FINANCIAL INFORMATION
31 Dec 2018
 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31 Dec 2018
31 Dec 2017
31 Dec 2018
31 Dec 2017
$$'000
$$'000
$$'000
$$'000
1 Revenue  up 61%!
191,832
118,438
467,424
460,230
2 Profit/(loss) before tax
20,904
-46,679
-18,584
-46,212
3 Profit/(loss) for the period
20,884
-46,500
-20,996
-46,033
4 Profit/(loss) attributable to ordinary equity holders of the parent
20,884
-46,500
-20,996
-46,033
5 Basic earnings/(loss) per share (Subunit)
6.51
-14.49
-6.54
-14.34
6 Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00
   
AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7 Net assets per share attributable to ordinary equity holders of the parent ($$)
1.0300
1.100

 

WOWEE!!

A VERY POSITIVE RESULT!

From a loss of -14.49 sen To A Gain of 6.51 sen

 

And Revenue Jumped from Rm118 mil to Rm191 Mil (For a Huge Increase of 61%)

 

THIS SUDDEN CHANGE OF FORTUNE SUDDENLY TRIGGERED PANIC BUYING AND CAUSED PENERGY TO GO LIMIT UP!!

 

 

See even More Exciting Insiders buying in AZRB

First see 

PH GOVT GAVE THE FIRST JOB EVER AWARDED TO AZRB (THIS SHOWS THAT AZRB IS STILL THE FAVOURED BUMI CLASS  A.  NO 1 CHAMPION  BUMI CONTRACTOR OF THE NEWLY INSTALLED PAKATAN GOVT

 

PAKATAN WON THE ELECTION ON MAY 9TH 2018

EXACTLY 8 DAYS LATER THE FIRST EVER CONTRACT WAS GIVEN BY THE NEW GOVT

TO AHMAD ZAKI BHD

See

 

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, 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.

This announcement is dated 17 May 2018.  

Without fear or favour. With UMNO already voted out

AZRB WON THE JOB AWARD ON ITS OWN MERIT

AZRB ALSO WON ANOTHER 5 YEAR EXTENTION FOR THE OIL SERVICE HUB OF KEMAMAN TO SUPPLY MARINE OIL

 

HURRAH!!!

 

INSIDERS HAVE BEEN BUYING AZRB SHARES THEN

 

 

 

 

See

 

As you can see from the Above

In contrast to Insiders of Penergy buying shares with Company monies

THE PURCHASE OF SHARES ARE BY INDIVIDUAL DIRECTORS OF AHMAD ZAKI

THEY ARE

1) DATO W ZULKIFLI BIN HAJI MUDA

2) DATUK PROF A RAHMAN @ OMAR BIN ABDULLAH

3) DATO SRI WAN ZAKARIAH BIN HAJI WAN MUDA

4) DATO ROSLAND BIN TAN SRI JAFFAR

 

AND THEY HAVE ALSO BOUGHT THROUGH ALL THE BAD REPORTING QUARTERS OF AZRB

 

NOW DO THEY SEE SOMETHING YET FUTURE WE DO NOT SEE AS YET

JUST LIKE THOSE OF PENERGY?

 

One more thing

Actually One Maybank Lady Boss bought  Penergy at 59 sen

When I told her to buy Naim at 50 sen she followed

Then she asked me about Penergy which had fallen from 59 sen to a low of 42 sen

So I told her not to cut loss but average down her cost by buying more Penergy

So last Monday to Friday she faithfully keyed in to buy Penergy at 40 to 41 sen

But Penergy share price didn't fall that low. She was just one sen away at 42 sen.

So sorry 

See

PENERGY LAST TRADED PRICES

22/02/2019 0.42 0.00 - 0.00 0.42 0.00 (0.00%) 0
21/02/2019 0.42 0.42 - 0.42 0.42 +0.005 (1.20%) 16,400
20/02/2019 0.44 0.415 - 0.44 0.415 -0.025 (5.68%) 6,900
19/02/2019 0.41 0.41 - 0.44 0.44 +0.03 (7.32%) 79,300
18/02/2019 0.41 0.41 - 0.42 0.41 -0.005 (1.20%) 102,100
15/02/2019 0.42 0.415 - 0.45 0.415 -0.015 (3.49%) 40,900
14/02/2019 0.41 0.41 - 0.43 0.43 +0.02 (4.88%) 47,600
13/02/2019 0.40 0.40 - 0.41 0.41 +0.01 (2.50%) 42,600

On days when Penergy fell to the low of 41 sen her queue was not done as someone else queue before her

Today she got a good shock & surprise to see Penergy went limit up & sold some at 68 sen not knowing why

Of course she was wise not to sell all as she is keeping some more Penergy for even higher prices

 

NOW SHE ALREADY BOUGHT AZRB EARLIER

BUT KNOWING THE SAME MODUS OPERANDI

THIS TIME SHE DIDN'T JUST QUEUE FOR AZRB AT 40 SEN TO 41 SEN

SHE JUST WHACKED 200 LOTS OF AZRB AT 42 SEN ON CLOSING TODAY

HA! SAME CLOSING PRICE FOR PENERGY WHICH SHE MISSED!!

 

It doesn't matter if AZRB short term result be good or bad

AS INSIDERS ALREADY KNOW AHEAD OF TIME

AZRB WILL BE GOOD. OR VERY GOOD?

AS THEY DARE TO BUY UP TO FIVE HUNDRED THOUSAND SHARES OF AZRB AT ONE GO

 

 

BEST REGARDS

 

Calvin Tan Research

 

Coming up Next Post

 

WHO WILL BENEFIT IF ECRL IS RESTORED?

Of course AZRB!!

 

Till then SEE YOU ALL

 

 

 

 

 

 

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Discussions
1 person likes this. Showing 29 of 29 comments

VenFx

Calvin bosku,
Does Azrb linked to umno ?
I dont like stock whick linked to political influences especially from the corrupted umno.

2019-02-25 20:45

cheoky

Dayang is more established n capable than penergy

2019-02-25 20:45

ramada

Calvin, if you can bring down Petra to RM0.60. I would be very grateful to you.

2019-02-25 20:53

anticonman

Conman always conman. If AZRB QR good why still not released?

2019-02-25 21:32

calvintaneng

Azrb reporting always in last few days of month end

2019-02-25 22:47

calvintaneng

Cheoky

THE balance sheet and accounts of Penergy are superior

For ppe (property plant and equipment) of penergy they have already paid down loans

So there is little debt

Only operating debt which are banker's trust receipt for goods ordered

I think with such clean balance sheet and only 300 mil plus paid up capital penergy might rise faster than dayang later

Just as Dayang price now overtaken carimin

2019-02-25 23:29

fangyew

thank you Calvin , you are great !

2019-02-25 23:59

calvintaneng

Thank you fangyew

Hope Azrb turns out to be a great stock

2019-02-26 00:33

calvintaneng

Very happy morning

Remember the sequence

1. Carimin the baby OGSE was good

2. But Taiko Dayang is better. So Dayang share price finally overtook carimin

3. Then Penergy or Petra Energy outshone Dayang and went limit up! Accounts of Penergy much healthier than Dayang

4. And to Crown it all Azrb is another upcoming Star in the constellation of O&G supporting entities

Will Azrb outshines all of the above later?

That is yet to be seen

BUT Insiders and Directors of Azrb have All voted with their Own hard earned monies

See

DATO W ZULKIFLI BIN HAJI W MUDA 28-Jun-2018 Acquired 500,000 -
DATUK PROF A RAHMAN @ OMAR BIN ABDULLAH 28-Jun-2018 Acquired 500,000 -

DATO ROSLAN BIN TAN SRI JAFFAR 16-May-2018 Acquired 100,000

DATO' SR. ABDULL MANAF BIN HJ HASHIM 15-Oct-2018 Acquired 105,000

Above is a random selection of their frequent purchases

Let's look closer

DATO W ZULKIFLI BIN HAJI W MUDA 28-Jun-2018
Acquired 500,000 -

On June 28, 2018 (one month after AZRB received 1st ever Job Award from New PH Govt) DATO ZULKIFLI bought 500,000 shares of AZRB at one go

At current price of 42 sen 500,000 shares translate to

420 x 500 = Rm210,000

Who dare to buy Rm210,000 in one transaction?

And DATO ZULKIFLI PLUS 3 OTHER DIRECTORS HAVE BEEN BUYING AND BUYING

Question Is

WHY DO THEY BUY SO MUCH AZRB SHARES?

DO THEY "SEE" SOMETHING BIG COMING FOR AZRB?

2019-02-26 07:38

SALAM

Buy la.. Follow Calvin who has eagle's eyes high in the sky who enable him to see what other can't see......

2019-02-26 08:58

calvintaneng

Post removed.Why?

2019-02-26 09:48

TheContrarian

Managed to buy at 0.425 today.

2019-02-26 12:34

calvintaneng

WELCOME THE CONTRARIAN

CONTRARIAN STRATEGY IS BEST

BUY WHERE OTHERS OVERLOOKED

2019-02-26 13:35

calvintaneng

Post removed.Why?

2019-02-26 13:36

calvintaneng

Ogse confirmed doing very well due to Petronas Fresh Job awards

1. Fantastic result in Dayang

2. Fantastic result in Penergy

3. Fantastic result in Naim just in

4. Very high revenue for Petronas chemical

All these are proofs that Oil and Gas stocks are going to be star performers of 2019

So keep to oil and gas stocks

2019-02-26 19:44

calvintaneng

Good evening all

Good closing for AZRB today in a sea of red


Posted by AhTek > Feb 26, 2019 03:13 PM | Report Abuse

Calvin, the result will come out within this two days, what is ur view?

AhTek,

I expect no. 1 good results
Then too late to buy cheap like Naim fantastic result today. Tomorrow Naim no longer cheap because result is out.
So just buy some Azrb in case result also fantastic

I also prepared to accept another weak quarter. Directors didn't bother all those past weak quarters but kept up buying
So if result is not to expectation and if price weaken. Then opportunity to add more.

So I SEE beyond one or two quarters result because

1) By April Malaysia & China will come to agreement and continue ECRL
Then Azrb will zoom

2) Another good news longer term will be the Booming business in Kemaman as AZRB already signed another 5 year business contract with Petronas

3) TOK BALI SUPPLY BASE Will Also Be ready in coming months

4) Toll Road should be ready
Even if Govt take toll private AZRB still stand to gain some compensation

5) Rm600 Millions from Teaching University might come as surprise

6) Saudi owing AZRB Rm100 millions might yet be recovered

7) USD down against ringgit very good for AZRB USD denominated debt

AND SO I THINK THESE ROCK SOLID FIGURES WILL CARRY US THROUGH THICK & THIN

Since Directors invested in millions of AZRB shares and never worry why should we worry then


AND WITH EVER INCREASING GOOD RESULTS COMING OUT FROM DAYANG, PENERGY, PETCHEM, NAIM TODAY & OTHERS TO COME I THINK AZRB SHOULD BE DOING VERY WELL THIS YEAR

WE ARE NOW IN O&G BULL RUN TIME

JUST BUY AND HOLD

2019-02-26 21:31

TheContrarian

Yes, good closing. Thank you Calvin.

2019-02-26 21:55

calvintaneng

Very Good
THE Contrarian

Today Naim posted fantastic result

We are now official in a new bull run in Oil and Gas stocks

Last time during Export furniture bull run from 2013 to 2016 Latitude gone up from RM1. 00 to a lofty height of Rm8. 00 (up 700%)

Maybe we will see some O&G stocks going up 300% to 500%?

2019-02-26 22:44

calvintaneng

DATO W ZULKIFLI BIN HAJI W MUDA 28-Jun-2018 Acquired 500,000

I just compiled the recent purchase of DATO ZULKIFLI BIN HAJI W MUDA

He bought from end 2017 to near 2019

TOTAL PURCHASE OF AZRB SHARE = 2.2253 MILLIONS AZRB SHARES!!!

JUST ONE DIRECTOR WALLOPED 2.22 MILLION AZRB SHARES!!!

2019-02-26 23:33

calvintaneng

2225 x 450 = Rm1,001,250

THAT IS A WHOPPING RM1 MILLIONS INVESTMENT IN AZRB FOR JUST SLIGHT OVER 1 YEAR!

THIS DATO ZULKIFLI SO BULLISH ON AHMAD ZAKI SHARES?

2019-02-26 23:38

calvintaneng

DATUK PROF A RAHMAN @ OMAR BIN ABDULLAH

DIRECTOR PROF A RAHMAN BOUGHT 500,000 AZRB NOW WORTH RM225,000

2019-02-26 23:44

calvintaneng

DATO ROSLAN BIN TAN SRI JAFFAR

DIRECTOR DATO ROSLAN BOUGHT 200,000 AZRB SHARES NOW WORTH RM90,000
26/02/2019 23:48
X
calvintaneng DATO' SR. ABDULL MANAF BIN HJ HASHIM

DIRECTOR DATO SR BOUGHT THE LEAST AT 105,000 AZRB SHARES WORTH RM47,250
26/02/2019 23:51
X
calvintaneng TOTAL PURCHASE BY ALL 4 DIRECTORS IN THE OPEN MARKET

= RM1.36 MILLIONS

QUESTION IS

WHY DID THEY SPENT SO MUCH BUYING AZRB SHARES WHEN SHARE MARKET WAS SO BLEAK LAST YEAR?

SO FAR THEY HOLDING TIGHTLY ALL THESE AZRB SHARES
26/02/2019 23:55

2019-02-26 23:57

calvintaneng

Post removed.Why?

2019-02-27 00:01

calvintaneng

Post removed.Why?

2019-02-27 00:02

value88

WoW ! Calvin Tan also has power to push up stock price now.

2019-02-27 15:57

calvintaneng

Value
NO. Calvin got no power

Zero syndicate
Zero pump or dump

Then what

Calvin only let people SEE the facts and figures

Then they just act by themselves.

AND then they are happily blessed because they made the right decisions and did the right thing

AND the correct thing is to ride on Oil and Gas bull run

So happy for all

You all are great

2019-02-27 19:38

calvintaneng

Value88

Don't miss the truth about

Penergy (5133)

Why penergy is better than carimin and dayang

Calvin will show clearly by facts and figures why
Penergy is the better company

Later this evening

2019-02-27 19:41

simon

Mr Calvin, Penergy today up & tomorrow will up also if past 80cent still can add more ? TQ

2019-02-27 21:21

calvintaneng

27/02/2019 19:41

simon Mr Calvin, Penergy today up & tomorrow will up also if past 80 cent still can add more ? TQ
27/02/2019 21:21

Simon

If tomorrow got stale bull still selling try to buy before it crosses 80 sen

But I can't tell for sure as Bull Run turns so hot and even go crazy later

So better buy early while cheap

2019-02-27 23:46

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