marlboroman2

marlboroman2 | Joined since 2019-03-14

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4 days ago | Report Abuse

TASI Tadawul Saudi market index which reopened today on Sunday after the long Eid holidays was rather muted (dived down at the opening hour but had clawed back almost all points towards the closing)

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1 month ago | Report Abuse

Re-rating is imminient in light of the continued uptick (catalyst) in Brent Oil price. This is further traceable to & explained (in layman's term) as an inevitable increase on the extrinsic and holistic value of the Sum of Parts attached to each vessel. To 90 sens then shall we speculate is the next TP?

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1 month ago | Report Abuse

Looks like construction stocks on downtrend / pullback? Should wait for lower price to enter, 50sens?

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1 month ago | Report Abuse

Yes, Robert, life is suppose to be simple, and that triangle drawing (VIU vs NBV) with yellow shades confuses my simple mind i.e. can't make any sense of it. Anyway, cash is king and BA's cash flows looks solid so we continue to wait and see

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1 month ago | Report Abuse

As long as there is no impairment on Brent Oil price at USD 80 per barrel, BA should theoretically head on to 80 sens TP.

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1 month ago | Report Abuse

nice rebound, hopefully fade back most of yesterday's knee-jerk reaction

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1 month ago | Report Abuse

what time do they normally post BA's results? after 5pm?

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1 month ago | Report Abuse

Buyers in control of price action, Brent Oil TP 85 sens therefore BA shall follow suit

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1 month ago | Report Abuse

all heaven breaking loose now

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1 month ago | Report Abuse

Price is moving up towards Brent Oil's current price?

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2 months ago | Report Abuse

collect slowly and sleep soundly while waiting for O&G play, hopefully it is not a value trap counter. Just need some news to spark a rush up (hopefully not a rush down).

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2024-01-11 15:39 | Report Abuse

This is called "cut loss" triggered (not "profit taking") pray for rebound

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2024-01-11 12:51 | Report Abuse

47 sens is the next last line of defence, if it close today or tomorrow below this level, then it become "Bearish Engulfing" candlestick (uptrend reversal) ..... hopefully not 🙏

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2024-01-09 13:46 | Report Abuse

Don't fall in love with the stock and hold forever, this is not your girlfriend or wife

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2024-01-09 12:07 | Report Abuse

Run out the window first then buy back later again, if miss your desired price, never mind, play the next level of support and resistance (this one own self learn lah), target make few rounds 1-2 sens each time (hopefully without kena too many stop losses) if Warren Buffet is a Malaysian he where got buy 40 sens then waiting to sell at 70 sens?

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2023-12-28 15:27 | Report Abuse

If 44.5sens become seller, very fast drop later. Year end clear position.

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2021-09-29 14:51 | Report Abuse

automatic extension of one month from end Aug due to mco, so by this month end qtr report should be out

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2021-01-24 15:41 | Report Abuse

Outsider buying ....

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2020-08-26 22:16 | Report Abuse

Just need to sign an MOU, shake hand in front of cameramen for press release and of course bursa filing....the share price will go up double triple within T+3

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2020-08-26 22:05 | Report Abuse

KLSE stock play is hardly about fundamentals, goreng up on news only no matter how silly it may fit the company's core activities

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2020-08-26 22:02 | Report Abuse

Hopefully AZRB will announce plans of going into vaccine venture and gold retailing (glove also still strong news albeit will be less effective than the former 2 activities) .... these are the hot hot news regardless of whether a company will actually execute doing it..... durian plantation also can lah

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2020-08-13 17:33 | Report Abuse

Maybe the management announced entering into glove manufacturing or gold retailing?

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2020-06-12 17:03 | Report Abuse

Sunkist Sunkist ... sekarang satu biji harga 22.5 sen guarantee manis sedap dimakan .... Isnin jumpa lagi beli lagi

PS: Sabtu, Ahad tolong pergi potong rambut ye

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2020-06-12 12:18 | Report Abuse

Dow S&P Nasdaq Russell's future currently edging up 1~2%.

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2020-06-12 11:32 | Report Abuse

mari mari mari Sunkist Sunkist murah... 22 sens satu biji

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2020-06-10 15:47 | Report Abuse

Overdue so long, once come .... double kotex super wings not enough

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2020-06-10 10:17 | Report Abuse

A rubber band pulled and held back so long, once released will have maximum impact

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2020-04-22 19:00 | Report Abuse

Anyway, more interestingly is the upcoming EKVE completion which provides 50 years toll concession and the ECRL sub-con contracts to be announced.

These were all planned for sometime mid of this year but because of the current crisis, it's anybody's guess now.

Nevertheless, at least got something to look forward to.

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2020-04-22 18:54 | Report Abuse

or more correctly they provide bunkering services that encompasses more than just marine fuel at Tok Bali which in turn caters to the Oil exploration services at the North Malay Basin (aka Gulf of Thailand)

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2020-04-22 17:24 | Report Abuse

Azrb's revenue is maybe constituted as 90% construction, 8% oil & gas and 2% property, plantation, etc.

Under their O&G segment, they are retailers supplying marine vessel fuel & oil products (like a petrol station)

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2020-04-10 01:04 | Report Abuse

....."Back to the ECRL, MIDF believes the awards for subcontract jobs to Malaysian contractors will begin in the 2QFY20" (an excerpt from the above link)

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2020-04-08 16:49 | Report Abuse

And also EKVE project should be rolled out sometime this year (hopefully not too long delayed because of covid).

To recap, the initial development cost is Rm 1.5 bil financed by sukuk in Ekve Sdn Bhd; a wholly owned subsidiary of Azrb.

Stage 1 (Pre-Completion)
Debit Work In Progress
Credit Sukuk Loans

Stage 2 (Post-Completion)
Debit Assets Held For Investment
Credit Work In Progress
Debit Bank
Credit Sales
Debit Sukuk Loans
Credit Bank

(If Sales > Cost of Sales for Toll operation = Gross Profits recognized when doing Consolidated Accounts of Azrb and Ekve Sdn Bhd). Bottom line depends on overall of everything else.

Bank balance won't increase for a while because the collections are used to pay off sukuk but gearing ratio improves.

Note also Ekve project is merely stage 1, stage 2 not tendered out yet. Open to all in future but Ekve Sdn Bhd could be favored due to existing expertise.

Disclaimer clause: The above is merely my own basic layman opinion and not professional advice.

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2020-04-07 21:05 | Report Abuse

Azrb at this level is very much a beaten down stock. It is still good entry points now on a 6-12-month horizon.

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2020-04-05 04:53 | Report Abuse

Nestle at Rm 130 while nta at rm 3 is because they declare a high 90%++ of their eps as dividends almost every quarter. Like Dutch Lady, BAT, Etc etc

These are companies with rising revenues and profits, low debt and high ROEs.

Hope the above addresses your ???

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2020-03-30 18:21 | Report Abuse

Disclaimer clause: The above is written as a in my opinion only and leisure reading, not as a professional advice, you need to verify such information before investing further

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2020-03-30 16:39 | Report Abuse

Note also on Azrb, EKVE highway project worth Rm 1.5 billion is scheduled for completion in July 2020 (was given extension to complete back in 2019 for 315 days).

Hence, revenue stream will kick in once the toll is operational (Ekve Sdn Bhd holds 100% of the concession which in turn is a wholly owned subsidiary of Azrb).

The toll revenue is surely collateralised against their existing loans which follows the same modus as with their latest sukuk money received on-lent against cash revenue from their FM service under their medical hospital concession project.

PS: Very normal thing for construction companies to be highly geared, if you are not highly geared, you are not a best practising construction company or worst still banks view you as risky business model to them.

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2020-03-30 16:18 | Report Abuse

This counter and Mrcb

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2020-03-27 15:52 | Report Abuse

Buy on rumours, sell on news (TMY's 250b stimulus package). However, this is a huge package and i also get something, thumbs up for it.

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2020-03-24 01:59 | Report Abuse

and Klse suspension of short selling until 30 Apr is in effect

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2020-03-24 01:56 | Report Abuse

When the vaccine is announced to be there even though surely not readily available to the masses until at least 2-3 months, markets will shoot up. Won't be long now.

Of course will retrace also but at least dont miss the first big rebound.

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2020-03-23 22:02 | Report Abuse

Every 0.5 sens up = 4% profit. Compare it to fixed deposit 12 months interest rate.

US Fed announced unlimited stimulus, helicopter cash ready to drop dollars on every family home in the States, rebound is imminent.

If you miss the first rebound which will be sharpest, you'll be stressed. So better stress to buy now then stress to buy if you miss the rebound.

Buy little bit and keep, no need to greedy. Anyway can see relatively good reasonable support at 12 sens. Daily trade volume practically dried up. Today done Rm 53k only. Price of a Myvi.

Govt said will outlay provisions for infrastructure spending but mainly for small contractors. Cannot spend mega sums in light of oil prices. Azrb recently won award for best construction company in micro segment, so at today's prices sure qualified as small contractor with award to backup.

Won't die one this counter.

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2020-03-18 20:34 | Report Abuse

Correction, not sell back on open market but issue as bonus issue or issue to employees as share option incentive. Either way it's rewarding to the company and the shareholders at the cheap acquisition price of today

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2020-03-18 18:00 | Report Abuse

Their Treasury department should have put in place a share buy back mechanism with prior approval from Bursa. If that was done, it can now start to buy back its shares and keep in its treasury.

Once the market recovers, sell back at double triple whatever the price in the future. Their Holding company segment will have superlative one-off profits which can offset their Engineering, Plantation, Property, Concession's hard times in these day and age.

Today at 12.5 sens with 594 mil shares issued that equates to a market cap of RM 74 mil while it has a backlog book order of RM 2-3 billions?

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2020-02-21 10:56 | Report Abuse

I repeat in above, Charting is nothing more than telling you the past movement of a stock. Not the future.

If you are basing on technicals and making tons of money you won't be bothered reading this forum and probably you are working at Khazanah or PNB with a high post

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2020-02-19 17:55 | Report Abuse

Government said stimulus package coming by month end or early next month, US and China looks ok, Battle against Corona virus seems to show that the worst is over albeit still out there .... so go buy a little bit keep for 10% return (4 sens up, enough lah).

Whether AZRB is an eventual recipient of any kind of stimulus package is irrelevant.

Malaysian market goes up based on hopes and goes down based on fears.

Where got buy based on Fundamentals for penny stocks.

While Charting is nothing more than telling you what has happened to the stock.

So you are just left with news which is either good or bad overall.

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2020-02-17 19:00 | Report Abuse

Key Holland Liao

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2020-02-13 15:52 | Report Abuse

calvin will post by today or tomorrow after today's rebound ...