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Posted by shukor78 > Oct 7, 2015 12:54 AM | Report Abuse

insider news.....New project more then 700 million awarded soon
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shukor 78;
hope it will come true...!!!

looking to price movement of malakoff n MMC(PDP LTR2) of the same taukey...it seem that he is quite stingy n probably zelan just can move 2 to 3 sen for any good news...may be just avoid this counter for some other construction co such as mrcb etc...

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS MALAYSIAN RESOURCES CORPORATION BERHAD ('MRCB" OR "THE COMPANY") - DISPOSAL OF MRCB'S 51% EQUITY INTEREST IN NU SENTRAL SDN BHD TO PELABURAN HARTANAH BERHAD FOR A CONSIDERATION OF RM119,776,136 ('DISPOSAL")

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4885897

any idea what is the TP..

any idea the TP...

today side show only...tomorrow sleep again...

stingy counter...no good...

just one day play...stingy dono why BSKL let tis kind of counter listed...

may be they roll the mother share to dispose warent E(recently issued n free) ...??

still side line...waiting oil price to change up trend...

hope so..

have a look palm oil price movement....
http://www.mpoc.org.my/Daily_Palm_Oil_Prices.aspx

http://www.4-traders.com/MALAYSIA-PALM-OIL-16222/charts/&plein=1

and make yr own conclusion.... :)

http://www.cnbc.com/2015/09/20/financial-times-plunging-oil-prices-put-question-mark-over-15tn-of-projects.html

the goreng pisang should be cheaper due to cheaper cooking oil...

recent spike look like just technical adjustment to nav@rm2...??

may be limited price up swing capped by oil price uncertainty n CAPEX cutting globally...but good counter to follow together with oil price movement for future buying...

fgv is good counter (together with palm oil price movement) to follow for future buying...recent fgv price spike probably just technical adjustment to nav @rm1.70...(the same reason for skpetro nav@rm2)

so far palm oil price is under pressure by over supply n weaken demend limiting fgv price up side movement..

very much in consolidation phase probably until warrent conversion settle down...

stengy counter...ignore

old crab paid...
Further to the Announcements dated 15 April 2014, 17 June 2014, 17 July 2014 and 13 August 2014, Zelan Berhad would like to announce that Meena Holdings LLC, the owner of Meena Plaza Mixed Use Development Project ("Project") in Abu Dhabi, United Arab Emirates, had on 1 September 2014 ("Payment Date") paid a sum of AED121,638,624.07 to Zelan Holdings (M) Sdn Bhd ("ZHSB") in accordance with the terms and conditions of the SSA.

As provided in the SSA, ZHSB will recommence works for the Project on 1 October 2014 ("Recommencement Date") and is required to complete the Project within 15 months.

This Announcement is dated 2 September 2014.

good lesson and finally they quite...

better forget this arab forever because they are the most nonsense crab in the world beside African

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4870133

the new crab from the same old arab...how come zelan never learn for previous crab...

OTHERS MEENA PLAZA MIXED USE DEVELOPMENT PROJECT, ABU DHABI, UNITED ARAB EMIRATES

ZELAN BERHAD

Type Announcement
Subject OTHERS
Description MEENA PLAZA MIXED USE DEVELOPMENT PROJECT, ABU DHABI, UNITED ARAB EMIRATES
Building Contract for Procurement, Construction and Completion of Package 2 Main Construction Package of Meena Plaza Mixed Use Development Project, Abu Dhabi, United Arab Emirates between Meena Holdings LLC and Zelan Holdings (M) Sdn Bhd, Abu Dhabi Branch, as contained in the Contract Agreement dated 1 April 2008, Supplementary Agreement dated 9 June 2011 with Addendum dated 17 January 2012, and Second Supplementary Agreement dated 15 April 2014 (collectively referred to as the “Contract”)

Zelan Berhad would like to announce that the Abu Dhabi Branch of its wholly owned subsidiary, Zelan Holdings (M) Sdn Bhd (“ZHSB”), has on 17 September 2015 issued a notice to Meena Holdings LLC (“Employer”) to terminate its employment under the Contract in accordance with the provisions of the Contract based on the following defaults of the Employer:


(1) the Employer’s failure to pay ZHSB a total sum of AED27.6 million being the certified amounts of works done and materials at site due and owing by the Employer to ZHSB under certificates of payment in accordance with the provisions of the Contract; and/or

(2) the Employer’s continuous interference with the valuation and/or certification of ZHSB’s progress claims.

As provided under the Contract, the termination will take effect 14 days after the issuance of the abovementioned notice.

ZHSB will take the appropriate steps to pursue its claims against the Employer and recover any loss and damage arising out of the termination in accordance with the provisions of the Contract.

This Announcement is dated 17 September 2015.

http://www.cnbc.com/2015/09/16/this-is-the-path-to-60-oil-strategist.html

http://www.thestar.com.my/Business/Business-News/2015/09/15/Palm-hits-over-7wk-high-lifted-by-soy-markets-spec-buying/?style=biz

http://www.thestar.com.my/News/Nation/2015/09/15/RM28bil-boost-for-economy-Measures-unveiled-in-wake-of-slowdown-ahead-of-Budget/

http://www.thestar.com.my/Business/Business-News/2015/09/12/Can-THHE-make-it-the-second-time-around/?style=biz

in general comodities prices have been down for >4 years n may be the bottom is almost there n just monitor palm oil n fgv make u turn before buying...
http://www.4-traders.com/MALAYSIA-PALM-OIL-16222/charts/&plein=1

http://www.theedgemarkets.com/my/article/george-kent-4-malaysias-rm9b-lrt3-bid-mrcb-falls

http://www.kwongwah.com.my/news/2015/05/15/111.html

jayawin
what make u put that way to pn17, any bad news u may want to share

AzmiMerican'
good strategy...

EU also doing red https://uk.finance.yahoo.com/intlindices?e=europe

all in reds like MANUNITED...https://sg.finance.yahoo.com/intlindices?e=asia

today early in the morning usd bull going crazy n expected RM & KLCI and regional equity mkt will be badly hit

usd index http://www.marketwatch.com/investing/index/dxy/charts?symb=DXY&countrycode=US&time=3&startdate=1%2F4%2F1999&enddate=3%2F11%2F2015&freq=8&compidx=none&compind=none&comptemptext=Enter+Symbol%28s%29&comp=none&uf=8&ma=6&maval=20&lf=4&lf2=2&lf3=16&type=4&size=2&style=1013

rm/usd http://www.marketwatch.com/investing/currency/usdmyr/charts?symb=USDMYR&countrycode=US&time=3&startdate=1%2F4%2F1999&enddate=3%2F11%2F2015&freq=8&compidx=none&compind=none&comptemptext=Enter+Symbol%28s%29&comp=none&uf=8&ma=6&maval=20&lf=4&lf2=2&lf3=16&type=4&size=2&style=1013

sideline n time to see bear side show

Cramer game plan: Big deals to unfold next week
Abigail Stevenson | @A_StevensonCNBC
Friday, 19 Jun 2015 | 6:10 PM ET

The good news about next week, in Jim Cramer's perspective, is that the Greek financial hostage situation will soon end. And while that is good news for Europe, the bad news is that it seems to be ending dramatically rather than quietly.

"I've been proselytizing caution all day in part because this Greece situation is a bit of a lose-lose proposition, at least in the near term," the "Mad Money" host said. (Tweet This)

This is partially because Cramer does not expect any dramatic action to take place over the weekend, as the 19 leaders of European countries will get together on Monday to figure out what to do with Greece.

It is also because Cramer expects that whatever events do take place, they will produce a usual bloody beat down of the S&P futures to mimic the weakness that Europe's stock market will experience. Plus, Cramer expects that the dollar will be stronger against the euro.

The combination of both a weak euro and skittish markets will translate into a big down opening for the U.S. on Monday. But what if a deal is made with Greece?

"I wonder if we won't immediately hear from the various Fed heads that, with Greece settled, the Fed will soon raise rates. I almost expect that to happen," Cramer said.

And if no deal is made, then the dollar will continue to rally and earnings will suffer. Either way, both roads lead to a selloff next week.

So why not just wait and see? The worst that could happen is an investor misses a rally that was on top of an already gigantic one that brought the Nasdaq to all-time highs Thursday.

news is news n bad or good depend on how u look at it...to me msian economic is sitll intect with some minor adjustment......i dont think msia will go near to bankrupcy like greece very soon.....any way bskl has been on bull cycle at least for 3 good years n it good time to have 6 to 7 months adjustment mainly due to global events such as usd bull, greece debt crisis, usa intrest rate...etc

KUALA LUMPUR: Having closed at RM3.7595 to the US Dollar last Friday, analysts are predicting that the beleaguered Ringgit is likely to go above the RM3.80 mark, reports Bloomberg.

Among them, Macquarie Bank Ltd was said to be reviewing its previous end-of-year forecast of RM3.75 to the Dollar in the light of waning demand for emerging-market currencies, while Mitul Kotecha, Barclay Singapore’s head of Asia Pacific foreign-exchange strategy, predicts that the ringgit will end the year at 3.95.

“Fundamentals will prevail once the uncertainty affecting market sentiment subsides,” Bank Negara Governor Zeti Akhtar Abdul Aziz was reported to have told Bloomberg last Monday.

Despite that assurance analysts say that any potential for recovery may be hampered by several factors, including the recent implementation of the Goods and Services tax which has resulted in inflation rising to 1.8%.

In addition, Brent crude prices have dropped 43 percent from its peak in 2014 and overseas shipments fell again in April.

A protracted drop in exports may cause a reduction in the current account surplus which stood at RM10 billion ringgit ($2.7 billion) for the first quarter of this year.

Analysts further predict that higher US interest rates will result in capital outflows, given that some 32 percent of the nation’s sovereign bonds are held by foreign investors.

Also, an eight percent drop in Bank Negara’s foreign exchange reserves since December will limit its capacity to defend the ringgit, according to Macquarie and Westpac Banking Corp.

Last Thursday, former Prime Minister Dr Mahathir Mohamed claimed that re-pegging the Ringgit would be one way to stabilize the exchange rate.

Malaysia previously imposed capital controls in 1998, when the Ringgit plunged to a record RM 4.885 per US Dollar in the wake of the collapse of the Thai Baht.

The crisis forced Mahathir’s administration to the peg the Ringgit at RM3.80 to the US Dollar.

The likelihood of the currency breaching RM3.80 is “not a matter of if, but a question of when,” Westpac’s currency strategist Jonathan Cavenagh was quoted as saying.

“Bank Negara’s ability to fight the stronger dollar trend is being diminished,” he claimed.

Malaysia is also at risk of a credit rating downgrade by Fitch Ratings this month.

Currently rated A-, a review is expected by the end of June, with 1Malaysia Development Berhad’s (1MDB) massive debts likely to be a major factor which will be taken into account.

today another day of good bearish move by klci n zelan....

good zelan getting cheaper everyday....

These diverging trends point to a market correction, says UBS - MarketWatch - http://www.marketwatch.com/story/these-diverging-trends-point-to-a-market-correction-says-ubs-2015-06-11

Impact of weakening ringgit

As of Feb 28, TNB had debts totalling RM25.6bil, of which 11.3% or RM2.9bil, were denominated in US Dollars.
read more..http://www.thestar.com.my/Business/Business-News/2015/06/13/Impact-of-weakening-ringgit/?style=biz

Ring,
yes agree with u...but the global big picture is on the driver sit now....infact rm42bil is just considered (in total lost case) average amount lost in 6 years i.e 2009 to 2015 would be about rm7bil per annum vs msian gov income around rm200bil per year...... so sentiment is sentiment nothing we can do about it n let it take it course n buy once it bottomout that the only simple thing that we can do...

4u2c,
it just opinion, but looking at the 1mdb financial mass likely a lot more to surface to the mkt such as down grade of rating by SNP etc... have to be real careful n be alert...

to me the global mkt is due for healthy correction before resuming up trend... like the one that occurred in 2nd half 2011(approx 20%)..

good luck to all

Get ready for a 4,000-point Dow drop
The stock market has an empirical rule: interest rates lead stocks. And the current interest rate environment is pointing to a massive decline for the U.S. market.
Are there parallels to this current market environment? Yes — 1987.

The summer that year began with a slow, methodical rise in actual rates. Yet the Fed did not raise the discount rate, even though actual rates suggested otherwise. The fall of 1987 arrived with the stock market having hit an all-time high in late August, unfazed by this unsettled condition.

As it happened, the Federal Reserve was literally forced to raise interest rates. Policymakers were behind the curve severely, just as the Fed is now. The 1987 rising-rate action caused stock prices to tumble more than 30% within two months, including a sharp 20% selloff in October — still among the Dow Jones Industrial Average’s DJIA, -0.01% worst one-day percentage declines ever.

read more... http://www.marketwatch.com/story/get-ready-for-a-4000-point-dow-drop-2015-06-10?dist=beforebell

anyway my apology n hope u dont curse others on your own mistake

my guess u are economic guru...n once klci dropped to 250 in 1997 but seem nothing really happened....u must be reading book to much.....n remember rm went down to 4.6 in 1997...my guess u are worry without real good reason or u are over bought on stocks...anyway may i know how many milion do u spend on zelan..??

wow klci is doing good job today down -10 closed @ 1729....hope will reach 1400 level soonnn......kwsp th kwap please helpppppppp pleaseeeeeee....save usssssss...

wow good good zelan is getting cheaper everyday.....

today another good bearish bskl move...hope will continue to open the next good bearish buying opertunity...