Somehow I find the fact that Calvin tan can suddenly smell profit in our&g stocks, suddenly sell 2 houses ( that fast? At a loss?) And have the guts to all in on o&g stock in less than a month to be very very suspicious.
Anyway, I'm at taking calvinT with a grain of salt, what is one more grain?
I have been shouting "undervalued" for AZRB for months. It's last few quarters' reported EPS was very much impacted by forex loss in its Indonesian palm oil plantation segment. However, this issue will not happen since Oct'18 as Indonesian Rupiah has strengthened.
I am certain that AZRB is going to register much higher EPS for Oct-Dec'18. It will be much higher QoQ and YoY. Mark my words.
Posted by value88 > Feb 13, 2019 08:42 PM | Report Abuse
I have been shouting "undervalued" for AZRB for months. It's last few quarters' reported EPS was very much impacted by forex loss in its Indonesian palm oil plantation segment. However, this issue will not happen since Oct'18 as Indonesian Rupiah has strengthened.
I am certain that AZRB is going to register much higher EPS for Oct-Dec'18. It will be much higher QoQ and YoY. Mark my words.
CALVIN THINKS THIS IS THE MOST INTELLIGENT COMMENT
See this article from YEAR 2014 (5 years ago_ NOW FAST FORWARD TO CALVIN COMMENTS IN BRACKETS
KUALA LUMPUR: Ahmad Zaki Resources Bhd (AZRB) is expecting RM700 million to RM750 million in revenue this year, driven by its construction division, said chief operating officer Datuk Roslan Jaffar.
He said construction projects including the Klang Valley mass rapid transit (MRT), the International Islamic University Malaysia’s (IIUM) teaching hospital in Kuantan, Pahang and Permodalan Nasional Bhd’s (PNB) hotel and office tower project in Kuala Lumpur will contribute to its projected higher revenue.
In 2012, AZRB was awarded a construction package worth RM764.9 million for a viaduct and station for the MRT,
as well as a RM673 million contract from PNB for the construction of a 50-storey hotel and the refurbishment of an existing 35-storey office building in Jalan Sultan Ismail.
It also bagged a RM600 million deal to develop IIUM’s teaching hospital.
(THIS RM600 MILLIONS WILL COME SOON) (CHUN CHUN ONE)
Other projects AZRB hopes to clinch this year involve the MRT2, the Tun Razak Exchange in Kuala Lumpur and Petroliam Nasional Bhd’s refinery and petrochemicals integrated development (Rapid) in Johor.
(PETRONAS AWARDED CONTRACTS IN TOK BALI & IN KEMAMAN) (CHUN CHUN ONE!!)
On the group’s construction of the RM1.55 billion East Klang Valley Expressway (EKVE) connecting the Silk Highway in Kajang to the Karak Expressway in Gombak, Roslan said work is expected to start by the third quarter of this year. The project is scheduled to take three to four years to complete.
(THIS HIGHWAY COMPLETING SOON THIS VERY YEAR OF 2019) (CHUN CHUN ONE!!!)
In February last year, AZRB entered into a concession agreement with the government for the design, construction, completion, operation, management and maintenance of the EKVE for a period of 50 years. (SEE AZRB GETS GOVT JOBS!!)
On its plantations, Roslan said AZRB is looking to expand its total planted area from 4,700ha to 10,000ha in Kalimantan Barat, Indonesia over the next few years. It is also planning to build a 90-tonne mill in the plantation area. “We are finalising the design by this year, so we should be able to construct it by early next year and start commissioning it by 2016.
“Five years down the road, we hope our plantations will be a significant contributor [to the group’s revenue],” he added.
(THAT WAS IN 2014 NOW IS 5 YEAR DOWN THE ROAD IS YEAR 2019 TO REAP HARVEST) CHUN CHUN ONE!!
On capital expenditure this year, the group has allocated RM150 million for the construction of EKVE and another RM90 million for the construction of the mill.
This article first appeared in The Edge Financial Daily, on March 18, 2014.
(ALL THE BUSINESSES WILL CONVERGE TO MAKE PROFITS IN YEAR 2019)
(VERY CHUN CHUN TIMING!!!)
(THIS IS THE REASON WHY COMPANY IS SANGUINE TO GIVE A VERY NICE 15.2% DIVIDEND YIELD TO ALL DIRECTORS AND SHAREHOLDERS)
THE FUTURE NOW IS GETTING VERY BRIGHT
(WHILE PRICE OF AZRB NOW BOTTOMING AND GOING FOR A MULTIYEAR REBOUND!!!)))
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3164 views | 3 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
56,026 posts
Posted by calvintaneng > 2019-02-13 17:09 | Report Abuse
103888 is correct
My Friend CH Lau took the catering meals in Pengerang Rapid - cooking meals for thousands of bangla & china nationals
Pengerang completed phase one.
And he is fortunate to get same contract for phase 2
He said margin thin but profit still good due to such huge volumes of so many thousands