Posted by longvalley > 2019-03-19 21:51 | Report Abuse

Zelan on the GO.......!

Posted by bleuerouge > 2019-03-21 18:30 | Report Abuse

collected back Zelan, way to go !!!

Posted by Harold Huong > 2019-03-21 20:15 | Report Abuse

Long way to go....

Posted by vivabursa > 2019-03-22 21:57 | Report Abuse

Steady waiting for good news

Posted by Chun Loke Low > 2019-03-25 09:21 | Report Abuse

Any chance to go 0.10?

Posted by Harold Huong > 2019-03-25 21:26 | Report Abuse

Zelan become King of Arbitration...

Posted by Harold Huong > 2019-03-25 21:28 | Report Abuse

Move to get new contract, Zelan.
Moving to Sabah like Bersatu to get contract Pan Borneo, Papar Dam....

Posted by bleuerouge > 2019-03-27 15:24 | Report Abuse

let the forced sellers out first. cheers.

Posted by AiOne Corner > 2019-03-28 11:50 | Report Abuse

Come on everybody, Fasten your seat belt.. Get ready for the next move to the sky ... :)

Posted by toffeemoose > 2019-03-28 23:53 | Report Abuse

https://www.theedgemarkets.com/article/zelan-claims-rm33m-late-payment-bbcc-development

Posted by limitlesss > 2019-03-29 14:34 | Report Abuse

faster accumulate now

Posted by longvalley > 2019-04-01 08:22 | Report Abuse

Everything in gd condition.......
Hopefully........!!!!!!!?

Posted by Tim2812 > 2019-04-01 17:27 | Report Abuse

So so Tut Tut.

Posted by commonsense > 2019-04-03 15:05 | Report Abuse

FY18 marks the 3rd consecutive years of losses for the group. However, some investors have become slightly optimistic on the company’s outlook based on the profit of 4Q18. But if you take out the RM26.3mil reversal in writedown of trade receivables and the RM1.2mil writeback on receivables, 4Q18 would have resulted in a core net loss of a whopping -RM22.9mil. This would bring the total core net loss in FY18 to around -RM38mil. Expect the company to continue making losses in FY19 as well given that the outlook for the construction industry in general is still quite challenging with reviews, cost cutting, cancelation and delays of large projects by the government.

That being said, the biggest issue with Zelan is actually its weak balance sheet. As of Dec 18, the company has total current liabilities amounting to RM410mil (RM184mil is in short term debt) and only RM101mil in current assets (with cash of only RM4mil). The company will likely need to raise capital from the market soon in order to strengthen its balance sheet.

If you are looking to hedge your portfolio outside of Zelan (due to its weak earnings outlook and weak balance sheet), I would recommend you to look at MBMR. (https://klse.i3investor.com/servlets/stk/pt/5983.jsp)

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.9x PE based on FY18 profit of RM166mil. PB is low at only 0.8x BV.

FY19 should deliver another profit growth year to the company. Profit growth will again be driven by the performance of Perodua (via MBMR 22.6% holdings in Perodua) from the still strong sales of new Myvi, sales of SUV Aruz and the introduction of the newly revamp Alza sometime in the 2H19. Aruz which commands a higher margin compared to other models, will help improve the total profit margin of Perodua (which will flow to MBMR’s bottom line as well).

MBMR is expected to achieve a profit of RM200mil in 2019. At the current share price, the company is being valued at only 5.7x which is a lot lower than the industry average of 15x PE. As an example, UMW (another company with exposure to Perodua) is currently trading at a PE multiple of almost 20x.

Good luck.

Posted by limitlesss > 2019-04-03 17:25 | Report Abuse

commonsense all your comment promotes MBMR.

Posted by Mike Chong > 2019-04-03 18:41 | Report Abuse

Still the same query , why epf is keep disposed since 2018 until now?Strange Zelan substantial shareholder not even dispose .

Posted by longvalley > 2019-04-04 17:51 | Report Abuse

Just collect b4 2 late.........!

Posted by Mike Chong > 2019-04-05 12:58 | Report Abuse

Carrying a lots , each day counting income .......

Posted by longvalley > 2019-04-05 14:59 | Report Abuse

Fasa collect ....
More n more
..........ur $ ur risk....,,,,

Posted by nklye > 2019-04-05 23:02 | Report Abuse

Collection at 0.09:to end. Next to be at 0.095 b4 start to jump up...

Posted by Mike Chong > 2019-04-06 06:18 | Report Abuse

IIUM project COA is received with effective 1 /12/2018.

Posted by Asia88 > 2019-04-06 15:21 | Report Abuse

good luck then. See how they are going to manage the university with the fee they are receiving every month.

Posted by longvalley > 2019-04-07 18:12 | Report Abuse

Hopefully gd news......

Scomi got contract ....

Selepas terpinggir era bn.....
.......waiting n seeing.....!

Posted by Mike Chong > 2019-04-09 07:02 | Report Abuse

Hope like Superlon.......

Posted by lextcs > 2019-04-09 13:43 | Report Abuse

following taiko mmc soon....break 105 u will see 155

Posted by longvalley > 2019-04-09 18:41 | Report Abuse

Mmc zelan ecrl hsr gamuda.........!!!!

Posted by Mike Chong > 2019-04-09 19:29 | Report Abuse

Two SUKE project which cancelled from others company being awarded to Muhibah and MRCB , TNB to Sunway. GITT is now axed ,news relocate to Labu , Zelan ......

Posted by Mike Chong > 2019-04-09 19:43 | Report Abuse

Zelan got good chance , no more bumi reserved land and must bumi company issue.

Posted by ivan9511 > 2019-04-10 15:16 | Report Abuse

up from 0.025 untilnow near 400% profit
My Pw only 100%
I miss see Zelan
if buy Zelan capital up 4 times
congr to allZelan , actually Zelan got future got MMC support
I last time want buy but busy so miss this super power Zelan only untung from Pwort and AZ AHMAD ZAKI RESOURCES BHD both profit about 100%
also cannot win if only buy Zelan from 2.5 to 10.5
Best of the best this year is Zelan

Posted by Mike Chong > 2019-04-13 06:26 | Report Abuse

Abraham, second hearing on 8/4 to 11/4, any news? Tq

Posted by longvalley > 2019-04-13 11:03 | Report Abuse

Collecting.... holding.....waiting n seeing!!
Yrs$yrs risk.......!’

Posted by Abraham > 2019-04-15 02:17 | Report Abuse

Mike chong...give me time I ll feedback... Need to be discreet in information gathering.

Posted by Mike Chong > 2019-04-15 09:07 | Report Abuse

Thanks.

Posted by 45AMG > 2019-04-16 21:21 | Report Abuse

Zelan.. when to move la?

Posted by Alex5398 > 2019-04-17 08:07 | Report Abuse

遮烂

Posted by longvalley > 2019-04-17 18:03 | Report Abuse

Be patience......!
Hopefully gd hope.......!!!!

Posted by legend > 2019-04-17 19:20 | Report Abuse

otw to 0.075...

Posted by Mike Chong > 2019-04-17 21:40 | Report Abuse

Today on re-announced COO whom is previous Head of Legal between 2010 to 2014 , hint good news on arbitration...?....

Posted by birkincollector > 2019-04-22 09:21 | Report Abuse

buy lor...bumi contractor mah...thought want more bumiputra company involvement in bandar malaysia

Posted by Keyman188 > 2019-04-22 09:23 | Report Abuse

Engine going start soon...........

Posted by Keyman188 > 2019-04-22 09:24 | Report Abuse

Short term expected to 0.125 ~ 0.135

Posted by Keyman188 > 2019-04-22 09:25 | Report Abuse

Subsidiary of MMC

Posted by Keyman188 > 2019-04-22 09:33 | Report Abuse

Wooo.....

MMC already 1.10

Posted by birkincollector > 2019-04-22 09:34 | Report Abuse

mmc jump already

Posted by AiOne Corner > 2019-04-22 09:58 | Report Abuse

Ader ssaper trade pakai maybank app tak? ... harini ok ke ko ?

Posted by Keyman188 > 2019-04-22 10:08 | Report Abuse

Woo....

Start big eating liao....

Posted by Keyman188 > 2019-04-22 10:12 | Report Abuse

Eating 0.100 liao................

Posted by vivabursa > 2019-04-22 10:19 | Report Abuse

construction counters are moving

Posted by Keyman188 > 2019-04-22 10:26 | Report Abuse

steady bommbeebee....

slowly eating....then this week can reach 0.135 ~ 0.145

Posted by Keyman188 > 2019-04-22 11:33 | Report Abuse

MMC up again to 1.13....

Zelan will follow behind soon....