Posted by AhTek > Feb 26, 2019 03:13 PM | Report Abuse
Calvin, the result will come out within this two days, what is ur view?
AhTek,
I expect no. 1 good results Then too late to buy cheap like Naim fantastic result today. Tomorrow Naim no longer cheap because result is out. So just buy some Azrb in case result also fantastic
I also prepared to accept another weak quarter. Directors didn't bother all those past weak quarters but kept up buying So if result is not to expectation and if price weaken. Then opportunity to add more.
So I SEE beyond one or two quarters result because
1) By April Malaysia & China will come to agreement and continue ECRL Then Azrb will zoom
2) Another good news longer term will be the Booming business in Kemaman as AZRB already signed another 5 year business contract with Petronas
3) TOK BALI SUPPLY BASE Will Also Be ready in coming months
4) Toll Road should be ready Even if Govt take toll private AZRB still stand to gain some compensation
5) Rm600 Millions from Teaching University might come as surprise
6) Saudi owing AZRB Rm100 millions might yet be recovered
7) USD down against ringgit very good for AZRB USD denominated debt
AND SO I THINK THESE ROCK SOLID FIGURES WILL CARRY US THROUGH THICK & THIN
Since Directors invested in millions of AZRB shares and never worry why should we worry then
AND WITH EVER INCREASING GOOD RESULTS COMING OUT FROM DAYANG, PENERGY, PETCHEM, NAIM TODAY & OTHERS TO COME I THINK AZRB SHOULD BE DOING VERY WELL THIS YEAR
DIRECTOR DATO ROSLAN BOUGHT 200,000 AZRB SHARES NOW WORTH RM90,000 26/02/2019 23:48 X calvintaneng DATO' SR. ABDULL MANAF BIN HJ HASHIM
DIRECTOR DATO SR BOUGHT THE LEAST AT 105,000 AZRB SHARES WORTH RM47,250 26/02/2019 23:51 X calvintaneng TOTAL PURCHASE BY ALL 4 DIRECTORS IN THE OPEN MARKET
= RM1.36 MILLIONS
QUESTION IS
WHY DID THEY SPENT SO MUCH BUYING AZRB SHARES WHEN SHARE MARKET WAS SO BLEAK LAST YEAR?
SO FAR THEY HOLDING TIGHTLY ALL THESE AZRB SHARES 26/02/2019 23:55
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....
VenFx
14,784 posts
Posted by VenFx > 2019-02-25 20:45 | Report Abuse
Calvin bosku,
Does Azrb linked to umno ?
I dont like stock whick linked to political influences especially from the corrupted umno.