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Stock

2014-08-10 20:01 | Report Abuse

En.Mohd Fahmi Bin Jaes, is this another new project?

Stock

2014-08-08 22:02 | Report Abuse

Strange all other shares come down a lot but PTARAS go up against the trend. Hope some good news coming

Stock

2014-08-06 14:54 | Report Abuse

today will hit 45 sen. solid share, bought few more lots yesterday and today

Stock

2014-08-02 14:29 | Report Abuse

keep zelan for long term,,it is recovering slowly but surely back to its glory days of years ago

Stock

2014-08-01 07:48 | Report Abuse

Updated List of Shariah-compliant Securities Securities Commission Malaysia | Securities Commission Malaysia
www.sc.com.my

Stock

2014-08-01 07:46 | Report Abuse

zelan is syariah compliant

Kuala Lumpur Stock Exchange - Bursa Saham News: List of ...
stocksmalaysia.blogspot.com/.../list-of-shariah-compliant-securities-by.ht...
Oct 16, 2013 - KLSE stocks, Malaysian stock exchange. ... List of Shariah-compliant Securities by the Shariah Advisory Council of the Securities Commission ..

Stock

2014-07-31 15:05 | Report Abuse

good news but share price not shooting up,,

Stock

2014-07-31 11:25 | Report Abuse

very quite day. no movement

Stock

2014-07-30 20:37 | Report Abuse

Quite strange that the Zelan share seems to struggle to move up even 1sen with these big projects

Stock

2014-07-30 19:00 | Report Abuse

ZELAN SETTLES DISPUTE WITH MEENA OWNER
The Edge Financial Daily



By Levina Lim of theedgemalaysia.com

Wednesday, 16 April 2014 11:39


KUALA LUMPUR: Zelan Bhd will finally get to complete the 950.03 million dirham (RM839.07 million) Meena Plaza, a mixed-use development project in Abu Dhabi in the United Arab Emirates, after settling a dispute with the project owner Meena Holdings LLC that started two years ago.

Under the second supplementary agreement signed yesterday between Zelan — via its wholly-owned unit Zelan Holdings (M) Sdn Bhd — and Meena Holdings, both parties agreed to resume work on the project in accordance with the original contract dated April 1, 2008 as if the contract had never been terminated.

Both Zelan and Meena Holdings also agreed to raise the project’s original contract price of 950.03 million dirham to 980.05 million dirham as a result of an agreed variation order for additional fit out work of 30.02 million dirham.

As such, the value of the remaining works to be undertaken by Zelan is now 515.49 million dirham instead of 464.56 million dirham as at November 2012.

In a filing with Bursa Malaysia yesterday, Zelan said Meena Holdings had agreed to pay 121.64 million dirham to Zelan within 74 days from the date of the agreement.

The payment consists of a refund of 92.5 million dirham which was paid to Meena Holdings earlier, pursuant to its demand on Zelan’s performance bond in November 2012, and outstanding progress claims for works done amounting to 29.11 million dirham due to Zelan.

In exchange for the payment to Zelan, it will provide Meena Holdings with a new performance bond of 51.55 million dirham, equivalent to 10% of the balance contract price, which is valid for 15 months.

This includes an extension of 12 months for the defects liability period, and a rectification bond of 40.98 million dirham, which is valid for 6.5 months, as performance security for the basement’s rectification works of 15 million dirham to be carried out by Zelan.

“Zelan will recommence work on the project 30 days after the payment date, and the completion period for the remaining works is 15 months from the recommencement date,” the company said.

In November 2012, Zelan received a letter from Meena Holdings, giving it 14 days’ notice to terminate the contract for Package 2 of the Meena Plaza construction and to liquidate the performance bond totalling 92.5 million dirham.

This was subsequently challenged by Zelan, which had described the termination notice as baseless and wrongful in view of the application for an extension of time submitted by Zelan prior to the notice, which had yet to be assessed and determined in accordance with the provisions of the contract.

Stock

2014-07-30 13:06 | Report Abuse

Looks like Zelan has made a good turnaround in their cash flows. Better to keep longterm. More construction projects in the pipeline.

Stock

2014-07-30 11:13 | Report Abuse

Ayamtua. Your advise please. I think these 2 big projects will have positive impact on Zelans cash flows. The target price should move up now

Stock

2014-07-30 10:34 | Report Abuse

Think can go in quite confidently.

Stock

2014-07-30 10:32 | Report Abuse

www.theedgemalaysia.com/index.php?...
1 hour ago - Highlight Zelan to win RM250m ECER job ... was then plagued by cost overruns and project delays.

Stock

2014-07-30 10:12 | Report Abuse

by Kamarul Anwar of theedgemalaysia.com on Wednesday, 30 July 2014 00:23

KUALA LUMPUR: Zelan Bhd is expected to bag a RM250 million contract from the East Coast Economic Region (ECER) for the construction and completion of a drawbridge connecting Muara North and Muara South in Kuala Terengganu, according to sources familiar with the bid.

Stock

2014-07-29 09:09 | Report Abuse

Profit from Petronas Job should be minimum RM25 million ie 10% of project costs. Project duration is 18 months. Target Price should increase to RM1.0 by year end. Holding power is important

Stock

2014-07-28 19:53 | Report Abuse

Is the quarter results considered good??

Stock

2014-07-28 15:03 | Report Abuse

Minggu ini atau minggu depan memang sampai 50sen

Stock

2014-07-25 15:51 | Report Abuse

buying volume so high,, should go up anytime

Stock

2014-07-25 14:14 | Report Abuse

50 sen should be no problem now that they have landed the Petronas job

Stock

2014-07-24 09:59 | Report Abuse

I feel that there will be a strong rebound soon. This is a strong counter, It is just going through a consolidation process now

Stock

2014-07-22 13:50 | Report Abuse

any problems?? price has come down by 19 sens over the 1 week.

Stock

2014-07-20 21:50 | Report Abuse

Ptaras has not moved in the last 2 months. Hope it starts moving again this week

Stock

2014-07-18 13:09 | Report Abuse

Yes he tried buying a big volume at 4.10

Stock

2014-07-17 16:33 | Report Abuse

wow what happened, drop so much !!

Stock

2014-07-14 13:08 | Report Abuse

Thanks vinvin. I am keeping aeon long term as it is not only a growth company but also a very well managed one

Stock

2014-07-14 11:00 | Report Abuse

Maybe vinvin can explain as I am not an expert. Sometimes people look at the earning potential of a company and not target price. For example look at unisem, the tp is 1.16 but the share price is 1.70 and it still going up everyday as the electronic industry is booming now

Stock

2014-07-12 19:35 | Report Abuse

beso,when aeon price comes down to 3.92 there is a strong resistance and the price rebounds, i tried many times to buy below 3.90 but just could not

Stock

2014-07-12 15:59 | Report Abuse

thanks for sharing vinvin,, its a very good dividend then, i will keep aeon for long term

Stock

2014-07-12 15:42 | Report Abuse

vinvin,, 22% per share means RM220 per lot (1000 shares) right

Stock

2014-07-12 12:36 | Report Abuse

vinvin, how many RM did they pay per lot in 2014

Stock

2014-07-11 17:30 | Report Abuse

vinvin,,does Aeon give good dividend and when do they normally declare,, i just bought 5 more lots,, want to keep long term like you,,hope to make money

Stock

2014-07-11 11:01 | Report Abuse

share doesn't seem to move

Stock

2014-07-08 17:42 | Report Abuse

vinvin,,you seem to have a lot of confidence in this aeon,,i would like to pick up a few more lots,,just wonder if this a very expensive counter,,, will institutional investors buy at this price 4.08 with pe ratio 25

Stock

2014-07-06 21:39 | Report Abuse

vinvin,, i am referring to Aeon..just wondering what you meant by ex-all,,, does it mean that the above posting of Avg TP 14.68 is not achievable because of the dilution in Aeon with bonus shares and share splitting

Stock

2014-07-06 20:18 | Report Abuse

vinvin what do you mean by ex-all,,you mean Avg TP14.68 is not achievable

Stock

2014-07-01 12:07 | Report Abuse

vinvin thanks for the advise. i get worried when you mention trade at own risk. sounds like there is a lot of risk buying this counter?

Stock

2014-07-01 11:19 | Report Abuse

vinvin, with the share dilution what would be the approximate target price for this share

Stock

2014-06-27 13:24 | Report Abuse

ptaras is the best piling firm in Malaysia and well managed. All minority share holders will definetely be well rewarded.

Stock

2014-06-24 09:36 | Report Abuse

what would be the near short term safe target price. Feel like picking up few lots. Can anyone advise

Stock

2014-06-18 21:31 | Report Abuse

this share move up 1 sen a day. hope by end of Jun it will reach 1.35 and by end of July 1.65

Stock

2014-06-18 17:56 | Report Abuse

让希望股价向上移动慢慢慢慢的日常

Stock

2014-06-15 13:24 | Report Abuse

limchimleong我希望你说的话会成真。我们所有股东会很开心

Stock

2014-06-14 12:48 | Report Abuse

继续努力吧Amcorp。希望下周抵达RM1.30

Stock

2014-06-13 11:18 | Report Abuse

amcorp请上去,不下来

Stock

2014-06-13 09:36 | Report Abuse

very good but quite surprising why the target price list up is only RM3.50

Stock

2014-06-03 15:17 | Report Abuse

share price not moving at all

Stock

2014-06-02 12:33 | Report Abuse

but share price not moving,,,not so good

Stock

2014-05-29 13:24 | Report Abuse

sephiroth,, thank you very much for your advise. just a query is this share good for long term ie capital gain and dividends. When will the dividends be paid normally