Matrix parking open higher than the IPO price.

ttntt Did anyone know the new factory is up and operation? << Please read quarter review to know more.


ttntt @sokowanda totally agree with your statement. This company (boss + management team) is superb failure. No one in the market is interested to support in this company + share price is down more than up << Today up more than 10%.

The recurring income also reduces. Don't forget.

Cash and cash equivalent only RM424k. Can they support the going concern?

You are too optimistic.

vivabursa I thought going to win big project not?
06/05/2019 8:14 PM

You thought? Hahahaha let other judge ba.

Mike Chong: Please go read the website for further detail. You missed out something. which is the concession period.
"The total payment of availability charges throughout the concession period of RM835.61mil."

http://www.zelan.com/our-business/engineering-construction/building-construction/center-of-foundation-study-iium/

Mike Chong Availability charges 835 million, Maintenance service charges 504 million.
02/05/2019 9:22 PM


Thanks for your compliment.
Mike Chong Beware of Lie. Suddenly miss Asia88 whom always demand for facts in order not to misleading.
04/05/2019 10:44 PM

good luck then. See how they are going to manage the university with the fee they are receiving every month.

what happen to this stock?

Mike Chong, Anything?

Mike Chong: the university project concession income will only come in when the government approve it.

Note 13:The issuance of Certificate of Acceptance for this project which will be effective from 1
December 2018, is now pending Government’s approval.The income from the IIUM project which will commence in the first half of 2019 will enable the Group to have a stable income stream for the tenure of the concession.

Extracted from quarter announcement:.

Will come in but pending government approval. Not confirmed. Ok.

Abraham: I have no comment on that.

Guys, read the quarter announcement properly. If there is no reversal of write off of receivables, do you think the company can turn green? Be cautious. University income is expected to come in not confirmed will come in. Read the announcement properly.

Your shareholding info is not right.

Haha, the market react to my analysis.

and expect to receive means still haven't get it.

Means they had lost few year availability charges.

Please refer to note 2 at page 10.

The Group expects to recognise revenue for the Availability Charges ("AC") and Asset Management Services ("AMS") from the IIUM project under the provisions of the Concession Agreemenet commencing from December 2018.

Well, they use the words expect to recognise which means the government is still not paying Zelan.
If the project is completed without any VO, the word should change.

Link
http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=203363&name=EA_FR_ATTACHMENTS

Don't forget about VO and LAD.

Mike Chong . KPAG obtained the Certicate of Practical Completion and the Certi cate of Completion & Compliance on 22 December 2015. KPAG is in the process of handing over the Centre to IIUM. Thereafter, KPAG will carry out the asset and facilities management services of the said Centre for the next 20 years in accordance with the Concession Agreement.
09/12/2018 23:47

Source?

You can study the document as per your link. Government will pay KPAG once the government agree on the progress of the project. If the project is still ongoing, KPAG receive nothing.

Mike Chong The total payment of Availability Charges throughout the Concession Period of Ringgit Malaysia Eight Hundred Thirty Five Million Six Hundred Eleven Thousand Five Hundred Fifty Two (RM835,611,552.00) only, based on the following rates:

Let me ask you, can KPAG get the availability charges when they didn't receive the approval from the government.?

Don't misled the shareholders here again.

Mike Chong . KPAG obtained the Certicate of Practical Completion and the Certi cate of Completion & Compliance on 22 December 2015. KPAG is in the process of handing over the Centre to IIUM. Thereafter, KPAG will carry out the asset and facilities management services of the said Centre for the next 20 years in accordance with the Concession Agreement.
09/12/2018 23:47

Source? You sure government had given CCC to KPAG?

Uncle K keep drop the share is it? CEO holland d la.

SHQuah,
you should structure your sentence well.

SHQuah , LGE should step down replace Daim.<< What do u mean o? Why LGE should step down and go down Daim work in council of eminent person?

What is cold eye real name?

how you know cold eye no longer major shareholders?

Bright future? Most of the project is old project which can't finish. Can you see any director of Zelan is representing MMC? If MMC not even bother to put a director in Zelan, do you think they still have prospect moving forward..

@ivan9511 can you define many projects? 1 , 2 , 3???You can't con people.

ongts Monday go up to 1.05

From 0.09 to 1.05 ? Joker.

Bye. Where is Charles Pang??

yongch : stop being racist. Got one Indian also say utilise coz of black out period.

I don't think so. You need to attend to entitle to the door gift. Next time read bursa malaysia announcement and go to AGM. Don't wait for the letter.

Ya. Really low class aunty. People take plane for their service and not their tight skirt.

I don't share my pick but I will correct whichever fake news written here.

Only one project and expect to survive?

Will commence means haven't commence. Then can get asm and can?

MMC IPO on port got any relationship for opportunity project? Too optimistic

Firstly, IIUM campus project streaming income more than RM1billion? Fake news. The availability charges for the project only RM835million. (quoted from Zelan website).
Besides that, do you think Zelan can get availability charges when the project is still ongoing.
The contract is for 23 years. (quoted from Zelan website).
SUKE project: to be completed in Feb'2019? can't see any movement when i pass through construction site.

Look like this Charles Pang change name to Mike Chong.

IIUM campus: 2012 project , haven't finish?
SUKE project: Toll concession business?

Survive using two project? Haha.

charles: which page of the annual report show zelan have many project?
New project: 1. ??? 2 ??? 3 ??
Completed project: ??
Ongoing project: ??
Want to write more fake news to misled people?

Let ask about any new project and existing project held by Zelan. Prove that this Charles Pang is wrong.

Anyone going to the AGM on 31 May 2018?

Where is this charles pang kah keet?

today prove that you are wrong.

charles pang kah keet I THINK ZELAN BERHAD HAVE TAKE A NEW PROJECT AT COMPANY, SO THAT SHARE TO GOING UP.

But why you spread fake news here? Have take or have to take or have taken? Furthermore, you emphasis on NEW PROJECT? Are you sure? Please don't spread fake news before the AGM.

@charles pang kah keet:: why keep ask people to buy this rotten apple. Do you know any news that the company is having new project? Do you even know how many projects they have? Please read the latest auditors report. You can fool others but not me.

no. They will announce it after agm.

do u think EPF will let this ship to sink? More than 30% of shares held by EPF. Buy it now !!!.