ZELAN BHD

KLSE (MYR): ZELAN (2283)

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Last Price

0.06

Today's Change

0.00 (0.00%)

Day's Change

0.06 - 0.065

Trading Volume

150,300


19 people like this.

7,106 comment(s). Last comment by speakup 1 week ago

Posted by hengonghuat88888888 > 2021-06-04 15:59 | Report Abuse

long weekend. Last hour. miracle? Happy holiday!

ruhaizat69

825 posts

Posted by ruhaizat69 > 2021-06-04 16:14 | Report Abuse

Overall market sentiment is down, just keep this counter for your retirement benefit

imvu

7,888 posts

Posted by imvu > 2021-06-04 16:19 | Report Abuse

selasa mmccorp gap up limit up ..

imvu

7,888 posts

Posted by imvu > 2021-06-04 16:21 | Report Abuse

beli harga tutup nanti anggap je terbeli harga 0.230 pagi tadi ?

imvu

7,888 posts

Posted by imvu > 2021-06-04 16:45 | Report Abuse

qbuy 0.165

Posted by hengonghuat88888888 > 2021-06-04 16:48 | Report Abuse

want try curi ayam kah... haha

Posted by TG Shah Tengku Yunus > 2021-06-04 16:54 | Report Abuse

0.165 closed, wait next week show gap up or gap down...hahahaha

Posted by WarrenBluffer > 2021-06-04 17:08 | Report Abuse

Gap up is good enough, next tuesday more show dont worry

su1801

637 posts

Posted by su1801 > 2021-06-04 17:09 | Report Abuse

gap Up lah next week..... limit up lah.... go go zelan...

fms016

314 posts

Posted by fms016 > 2021-06-04 17:34 | Report Abuse

When qr 1 2021 release?

Posted by KLtopJERUNG > 2021-06-04 17:46 | Report Abuse

nxt week drop to 0.13, then you all cry also no tear...hahahha

Dorothy

57 posts

Posted by Dorothy > 2021-06-04 22:56 | Report Abuse

Apa jadi skrg?

Anwarcool

28 posts

Posted by Anwarcool > 2021-06-04 23:13 | Report Abuse

Mmc sentiment still there, Tuesday should be ok, today Friday as usual, profit taking day.

su1801

637 posts

Posted by su1801 > 2021-06-04 23:34 | Report Abuse

Will follow sentiment of MMC..... Tuesday still will rally.... go go zelan....

fms016

314 posts

Posted by fms016 > 2021-06-05 11:08 | Report Abuse

GITT Gombak developed by Zelan subsidiary..when the project completed??

stockraider

31,556 posts

Posted by stockraider > 2021-06-05 11:46 |

Post removed.Why?

James Ng

2,678 posts

Posted by James Ng > 2021-06-05 19:00 | Report Abuse

https://klse.i3investor.com/blogs/general/2021-06-05-story-h1566074077.jsp
[转贴] [Video:浅谈ZELAN BHD, ZELAN, 2283] - James的股票投资James Share Investing

Petronas

815 posts

Posted by Petronas > 2021-06-06 08:44 | Report Abuse

Why up?

Posted by SleepingForest > 2021-06-06 15:35 | Report Abuse

Zelan up because mmcorp proposed privatisation at 2.00.

Zelan is one of mmc subsidiary company. So many thins zelan will benefit from it . But on contrary zelan is small company

Mmccopr revenue rm1 bill proposed price rm 2.0
Zelan revenue rm 60mil , market price should just be 0.1-0.115.

Please dont chase high .

warchest

1,741 posts

Posted by warchest > 2021-06-06 17:43 | Report Abuse

The sum of AED256.1mn (approx. RM292.1mn) should be awarded anytime soon. This is 3 times the market cap of Zelan and provides the needed lifeline for Zelan to commit money for new projects and dividends going forward.

The Abu Dhabi Cassation Court ruled in favour of ZHSB by rejecting the project owner’s application to nullify the Award on 30 April 2020 and dismissing the project owner’s application for Grievance on 25 October 2020. There is no legal ground and avenues for the project owner continued to challenge and dispute the validity

Also. the Meena Plaza Project, including its four (4) towers was demolished on 27 November 2020 by the Department of Municipalities and Transport of Abu Dhabi. This will not dilute the right of ZHSB to recover the awarded sum from the project owner. Further, the Award has been successfully registered and recognised in the Court of Abu Dhabi.

https://fb.watch/5YjlG3bzpp/

aiman77

59 posts

Posted by aiman77 > 2021-06-06 18:58 | Report Abuse

This company has great potential,will get some

ruhaizat69

825 posts

Posted by ruhaizat69 > 2021-06-06 19:13 | Report Abuse

Tp0.35 by 203?, better grab now before fly

fms016

314 posts

Posted by fms016 > 2021-06-06 20:38 | Report Abuse

Sleepingforest,

N2N share price 80 cents plus when its revenue 105m and profit 15m..
Keyasic share price 15 cents when its revenue 11m only and in losses..

How come 60m revenue with profit 30m got share price 10-11 cents only??

Posted by SleepingForest > 2021-06-07 00:03 | Report Abuse

Fms016 ,

Both the company you mentioned is investement (n2n ) and microchip(keyasic) based company .

Zelan is construction company . For construction based company 60mil revenue and 30mil per year is very small.
And its value is based on future contact awards . For now there is no news on future contact awards .

Everyone is speculating this company will be privatised like mmc although there is no substantial news about this.

If you look at zelan transactions for the past 3 months . The price was relatively stagnant and no large buying transactions . 300-1000 and 1000+ lots were in red showing that no insider was buying large stocks . There is no indication insider are buying this stock .

All evidence are showing ppl are selling this stock .

This was in contrary with mmc share which have gradually increased in last 3 month .


I will strongly suggest dont chase high unless there is news of construction awards to zelan .

longvalley

2,287 posts

Posted by longvalley > 2021-06-07 06:15 | Report Abuse

.....frm 4/5c still hold.....
Just waiting 4 the next sooner.......
Haa

warchest

1,741 posts

Posted by warchest > 2021-06-07 09:57 | Report Abuse

Just fyi, I believed why the Zelan didn't participate in new tenders as Zelan financially not strong to kick-start the project even if it got it. However, it is has better financial footing than what it is 3 years ago with commencement of maintaining IIUM's concession with RM24-25mn cash inflow a year and sub-contract works for SUKE Highway.

Hence, once they got sum of RM292.1mn from the project owner of the demolished Meena Plaza, turning fortune for Zelan. With major financial boost, their focus is to go into renewables

warchest

1,741 posts

Posted by warchest > 2021-06-07 09:59 | Report Abuse

Even IIUM concession cash inflow is not substantial but it provides another 14 years of cash inflows to Zelan of RM24-25mn a year. That will substantially help Zelan to survive

warchest

1,741 posts

Posted by warchest > 2021-06-07 10:02 | Report Abuse

Q1 2021, it has finally recognised the award of RM292.1mn and this award has been successfully recognised and registered in the court of Abu Dhabi. And no legal ground anymore for the project owner to appeal on this.

This could be the silver lining needed by Zelan.

warchest

1,741 posts

Posted by warchest > 2021-06-07 10:06 | Report Abuse

If some noticed, u see a bullish set-up of Zelan since Mar 21. But at the same time, investors that understand Zelan also should understand that it is not walk in the park for it to continue to go up. As many frustrated investors / traders will sell any each level as they are holding too long. It will take a bit more time for it to go even higher

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2021-06-07 20:34 | Report Abuse

it will slowly go up which is good...
Since MMC expected to LU tomorrow....
Zelan will surely gap up

imvu

7,888 posts

Posted by imvu > 2021-06-08 06:30 | Report Abuse

tak sabar nak gap up limit up hari ni ..

ruhaizat69

825 posts

Posted by ruhaizat69 > 2021-06-08 08:09 | Report Abuse

TP 0.185 this year

Posted by Batman_Return > 2021-06-08 08:41 | Report Abuse

10c stock

Posted by SleepingForest > 2021-06-08 08:43 | Report Abuse

Warchest ,

The bullish pattern seen in march was due to the report of 60mil revenue . Thats also the price increased from 105 to 145 max . This increase started a few days before the qr report .

This time zelan didn't move at all before the mmc privatisation news broke. No insider buying

Posted by SleepingForest > 2021-06-08 08:50 | Report Abuse

Good morning all,

Just an advise for all .

I have been in zelan and mmc for the past 2 year .

1. Zelan is small construction company . Was in red until last 2 qr . Even so the revenue was 60mil and profit was 30mil . When it was in red the price was 0.046-0.065 . For the last week qr it was between 0 095-0.145.

2. There was no large lot buying in last 1 month . Last week the buying was in red indicating all large lots are being sold . Ie no insider are buying .

3. The meena plaza in abu Dhabi doesn't translate to profit in Malaysia . Only consultation fee will be charged in Malaysia. Other cost will be recuperated in Abu Dhabi. So there won't be much difference in revenue.

4. The value of construction company is based on future awards . For now zelan have none .

Fair share value 0.105-0.145

Than again . This company have potential , you can invest . Please don't chase high.

Posted by SleepingForest > 2021-06-08 08:51 | Report Abuse

Anywhere less than 0.185 a good price to enter and exit around 0 205-0.215

Posted by KLtopJERUNG > 2021-06-08 09:11 | Report Abuse

koyak liao, this shark left hand change to right hand at 0.15....

Jacky_87

175 posts

Posted by Jacky_87 > 2021-06-08 09:19 | Report Abuse

Buy Ewint. Uptrending just start

Posted by Wiloli08 > 2021-06-08 09:26 | Report Abuse

Open straight away drop....Good time to enter

Posted by WarrenBluffer > 2021-06-08 09:35 | Report Abuse

Accumulating more, good price for good prospect

umaga79

163 posts

Posted by umaga79 > 2021-06-08 09:46 | Report Abuse

somebody just swallow 3 mill at 0.15

Posted by TG Shah Tengku Yunus > 2021-06-08 10:38 | Report Abuse

stuck at 0.150 now...hahahaha

fms016

314 posts

Posted by fms016 > 2021-06-08 11:10 | Report Abuse

No buyer..now move a bit..I alredi change to MMC..no luck here for short term period..

ruhaizat69

825 posts

Posted by ruhaizat69 > 2021-06-08 15:12 | Report Abuse

Slow

ruhaizat69

825 posts

Posted by ruhaizat69 > 2021-06-08 15:13 | Report Abuse

Pelan pelan kayuh

ruhaizat69

825 posts

Posted by ruhaizat69 > 2021-06-08 15:13 | Report Abuse

Pelan pelan kayuh

Jacky_87

175 posts

Posted by Jacky_87 > 2021-06-08 16:35 | Report Abuse

Gogo Ewint. Uptrending stock. Tomorrow cont uptrend momentum

Posted by TG Shah Tengku Yunus > 2021-06-08 16:50 | Report Abuse

stuck at 0.150, tmrow drop more....huhuhuhu

bulldog

12,157 posts

Posted by bulldog > 2021-06-09 08:28 | Report Abuse

Accumulation in progress

Huat chaiii

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