ZELAN BHD

KLSE (MYR): ZELAN (2283)

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Last Price

0.045

Today's Change

+0.005 (12.50%)

Day's Change

0.045 - 0.045

Trading Volume

250,000


19 people like this.

7,157 comment(s). Last comment by MZM2511 1 month ago

Mikecyc

47,016 posts

Posted by Mikecyc > 2020-03-17 05:36 |

Post removed.Why?

Mikecyc

47,016 posts

Posted by Mikecyc > 2020-03-17 05:36 | Report Abuse

With 40 stocks on hand most probably is loss until psycho.

calvintaneng

56,898 posts

Posted by calvintaneng > 2020-03-17 10:56 | Report Abuse

Fake support at 5 sen done by sorchai John chew

The more johnchew support this Sinking ship the more he got to lose

calvintaneng

56,898 posts

Posted by calvintaneng > 2020-03-17 17:35 | Report Abuse

At last 3.5 sen done

Next target is 2 sen and then johnchew will disappear

Loan sharks will be looking for him high and low like looking for joh low

Johnchew5

11,780 posts

Posted by Johnchew5 > 2020-03-18 06:08 |

Post removed.Why?

calvintaneng

56,898 posts

Posted by calvintaneng > 2020-03-18 12:25 | Report Abuse

Now that things are at standstill Netx has 2 advantages

1) NFCP being National Telecommunication will still go on as planned while others stop work

2) Netx Rm34 Millions Cash in Bank will be still earning interest

(Johnchew Zelan on the other hand will have Rm500 Billions debt bomb piling up interest. Shootup Benalec stopped work but Directors will still siphon off another Rm8 millions fees)

SO?

SO DON'T BE STUPID!!

SELL ZELAN!
SELL BENALEC!

BUY NETX!!!

apolloang

18,163 posts

Posted by apolloang > 2020-03-18 12:25 | Report Abuse

how about MUIB? hahaha

Mikecyc

47,016 posts

Posted by Mikecyc > 2020-03-18 12:56 |

Post removed.Why?

Mikecyc

47,016 posts

Posted by Mikecyc > 2020-03-18 12:56 | Report Abuse

Why Netx is going to bankrupt soon :

1. RM 72.7 million is owe by subsidiary companies since 2012 to 2018 , all loss already , not a single sen is pay back .

2. RM 34 million cash is b/f from FY18 . Since FY18 to FY19 , issues SIS ESOS shares total amount = RM 30.7 million. Balance RM 3.3 million is the remaining allocation for PayAllz.

3. From Dec2018 to March2019 , there are 5 times of ESOS shares, why so desperately for cash fund raising if still have cash RM 34 million ?

4. Not eligible to get bank loans due to its business, and with each year record is at Loss .

Netx will be bankrupt soon .

calvintaneng

56,898 posts

Posted by calvintaneng > 2020-03-18 14:52 | Report Abuse

HIGH DEBT COMPANY IN TIME OF CRISIS LIKE NOW WILL DOOM ZELAN!!

RM500 MILLIONS TIME DEBT BOMB WILL EXPLODE ZELAN TO SMITHEREENS!

calvintaneng

56,898 posts

Posted by calvintaneng > 2020-03-18 14:56 | Report Abuse

NETX GOT HIGH NET CASH & SUCH AS BUFFER AGAINST FINANCIAL TSUNAMI

ZELAN GOT HIGH DEBT AND NO ASSETS SUPPORT

ZELAN GO BANKRUPT FIRST & NETX WILL STILL BE VERY OK

Mikecyc

47,016 posts

Posted by Mikecyc > 2020-03-18 22:54 |

Post removed.Why?

calvintaneng

56,898 posts

Posted by calvintaneng > 2020-03-19 01:50 | Report Abuse

Down Jones crashed heavily again

High Debt company like Zelan no hope leow

Prepare to lose everything like Utusan or London biscuit

Never listen

So must suffer total loss now

Johnchew5

11,780 posts

Posted by Johnchew5 > 2020-03-19 06:04 |

Post removed.Why?

Johnchew5

11,780 posts

Posted by Johnchew5 > 2020-03-19 06:05 |

Post removed.Why?

Johnchew5

11,780 posts

Posted by Johnchew5 > 2020-03-19 06:07 |

Post removed.Why?

Johnchew5

11,780 posts

Posted by Johnchew5 > 2020-03-19 06:08 |

Post removed.Why?

calvintaneng

56,898 posts

Posted by calvintaneng > 2020-03-19 09:38 | Report Abuse

What is the problem with Zelan?

There are many

1. Lack of hands on management
After failing to get payment of Rm300 millions for Meena Plaza Zelan should have seized Meena Plaza and complete it then sell it for whatever it can get

But after letting it rot for 5 long years it was demolished with total loss

This is 5 year long neglect and inexcusable

2. As Zelan has Rm500 millions debt bomb this Rm300 millions should be it's margin of safety
But now gone up in a puff of smoke

So Zelan is now very vulnerable ...like a snail losing its shell

Iium and Suke monies will be stuck as Govt trying to knock down expense

Banks in trouble are now calling back loans just like Utusan and London biscuit which gone into liquidation

At the moment the debts rm500 millions but cash only Rm5 millions

Whatever money raised cannot cover debt interest payment alone. How to ever settle the principal sum?

Since you know it is a losing battle why fight?

Even 3 sen or 2 sen still money.

Just sell and salvage whatever you can get before the door slam shut like Utusan or London Biscuit in total loss

Sell now and sell fast

CoolBull

3,678 posts

Posted by CoolBull > 2020-03-19 10:30 | Report Abuse

And where are DogChew & Taikcyc

CoolBull

3,678 posts

Posted by CoolBull > 2020-03-19 10:32 | Report Abuse

DogChew gone for 4 jam punya b2b massage again kah

CoolBull

3,678 posts

Posted by CoolBull > 2020-03-19 10:32 | Report Abuse

ha ha ha

Mikecyc

47,016 posts

Posted by Mikecyc > 2020-03-19 10:32 |

Post removed.Why?

CoolBull

3,678 posts

Posted by CoolBull > 2020-03-19 10:33 | Report Abuse

Lain orang now all avoiding spa dia lagi went for 4 jam b2b massage woh

CoolBull

3,678 posts

Posted by CoolBull > 2020-03-19 10:33 | Report Abuse

LOL

Mikecyc

47,016 posts

Posted by Mikecyc > 2020-03-19 10:34 |

Post removed.Why?

Mikecyc

47,016 posts

Posted by Mikecyc > 2020-03-19 10:36 |

Post removed.Why?

CoolBull

3,678 posts

Posted by CoolBull > 2020-03-19 10:36 | Report Abuse

Aik

Why Taikcyc suddenly so angry when I mention DogChew going for 4 jam b2b massage

calvintaneng

56,898 posts

Posted by calvintaneng > 2020-03-19 10:37 | Report Abuse

Zelan will saw Thong and close shop

Only a matter of time

Sell to sorchai supporting at 4 sen
If cannot then throw at 3 sen or 3.5 sen also ok

CoolBull

3,678 posts

Posted by CoolBull > 2020-03-19 10:38 | Report Abuse

Taikcyc also went for 4 jam b2b massage together with DogChew kah

He went also la

Went together gether la

GrowingRich

2,755 posts

Posted by GrowingRich > 2020-03-19 10:46 | Report Abuse

Mikecyc why you have big problem with guys using binatang as nicknames

Binatang are cool

You very anti-binatang kah

GrowingRich

2,755 posts

Posted by GrowingRich > 2020-03-19 10:47 | Report Abuse

Very sad la like that one

Human being who is very anti-binatang

CoolBull

3,678 posts

Posted by CoolBull > 2020-03-19 10:55 | Report Abuse

Well certainly much much much better than Taikcyc's good friend who is using Kentut & DickyMe (meaning PutDickInMe @ FukkMe @ BuggerMe) as his nickname

calvintaneng

56,898 posts

Posted by calvintaneng > 2020-03-19 11:42 |

Post removed.Why?

Posted by FortuneBlooming > 2020-03-19 12:10 | Report Abuse

Mikeshit why you dont complain to your good old ponddan gay bittchboy friend about him using Kentut & DickyMe as his nickname

You old ponddan gay bittchboy like him also kah

Mikecyc

47,016 posts

Posted by Mikecyc > 2020-03-19 14:26 |

Post removed.Why?

Mikecyc

47,016 posts

Posted by Mikecyc > 2020-03-19 14:28 |

Post removed.Why?

calvintaneng

56,898 posts

Posted by calvintaneng > 2020-03-19 14:48 | Report Abuse

Now market crashed

Zelan still got Rm500 millions debt bomb

Without Meena Rm300 millions now all gone

Iium and suke both combined also cannot save Zelan leow

Sell Zelan even if you got half sen and run

Once in liquidation like Utusan and the door slam shut

Cannot escape anymore

Then cry father cry mother also no use

Johnchew5

11,780 posts

Posted by Johnchew5 > 2020-03-19 14:56 |

Post removed.Why?

Johnchew5

11,780 posts

Posted by Johnchew5 > 2020-03-19 14:58 |

Post removed.Why?

calvintaneng

56,898 posts

Posted by calvintaneng > 2020-03-19 15:09 |

Post removed.Why?

calvintaneng

56,898 posts

Posted by calvintaneng > 2020-03-19 21:08 | Report Abuse

Johnchew himself kena virus of big losses in zelan as it goes into insolvency

Mikecyc

47,016 posts

Posted by Mikecyc > 2020-03-19 21:11 |

Post removed.Why?

Mikecyc

47,016 posts

Posted by Mikecyc > 2020-03-19 21:12 |

Post removed.Why?

Mikecyc

47,016 posts

Posted by Mikecyc > 2020-03-19 21:12 |

Post removed.Why?

Johnchew5

11,780 posts

Posted by Johnchew5 > 2020-03-19 21:15 |

Post removed.Why?

Johnchew5

11,780 posts

Posted by Johnchew5 > 2020-03-19 21:16 |

Post removed.Why?

Johnchew5

11,780 posts

Posted by Johnchew5 > 2020-03-19 21:17 |

Post removed.Why?

Johnchew5

11,780 posts

Posted by Johnchew5 > 2020-03-19 21:22 |

Post removed.Why?

Mikecyc

47,016 posts

Posted by Mikecyc > 2020-03-19 21:32 |

Post removed.Why?

calvintaneng

56,898 posts

Posted by calvintaneng > 2020-03-19 22:01 | Report Abuse

Don't bluff

Iium won't get payment anytime soon as there is no money

Suke will be delayed since Zelan engrossed in court cases

Don't dream

Rm500 millions debt bomb due to explode just like in Utusan

By then too late to run

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