ZECON BHD

KLSE (MYR): ZECON (7028)

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Last Price

0.475

Today's Change

+0.01 (2.15%)

Day's Change

0.445 - 0.475

Trading Volume

5,500


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428 comment(s). Last comment by The_JQuestion 2022-05-22 19:58

Posted by Pin Wai Koh > 2016-03-10 22:49 | Report Abuse

how come a company loss profit everyyear can get this huge project?

Tan YL

1 posts

Posted by Tan YL > 2016-03-10 23:19 | Report Abuse

GLC

Alpha Trader

1,983 posts

Posted by Alpha Trader > 2016-03-10 23:21 | Report Abuse

It should be worth RM1.50 now with this ind of project

Posted by Johnsonwong > 2016-03-11 10:06 | Report Abuse

yesterday show only

kiara

42 posts

Posted by kiara > 2016-03-11 10:07 | Report Abuse

1.5 billion project
it is a good opportunity to earn big money
have to wait the news shown on the newspaper hardcopy
just big in 1st while it is still a cheap price

kiara

42 posts

Posted by kiara > 2016-03-11 10:09 | Report Abuse

just buy* in 1st and wait
this company's share worths RM1.5 plus

Posted by Johnsonwong > 2016-03-11 10:12 | Report Abuse

KUALA LUMPUR (March 11): Zecon Bhd shares rose 1.21% in early trade today after its consortium with Kimlun Corporation Bhd clinched a RM1.46 billion contract to develop and upgrade a portion of the Pan Borneo Highway in Sarawak.

At 9.21am, Zecon was up 1 sen to 83.5 sen with 1.06 million shares done.

In separate statements to Bursa Malaysia yesterday, Zecon and Kimlun said they secured the four-year (48 month) project's letter of award from Lebuhraya Borneo Utara Sdn Bhd.

According to Zecon and Kimlun, both companies will set up a joint venture company (JVC) to develop the Serian roundabout-Pantu junction stretch of the Pan Borneo Highway.

Kimlun, which will own 30% in the JVC, said: "Upon the due incorporation of the JVC, the JVC will enter into a contract with the awarder on the project."

Zecon will own the remaining 70% in the JVC. Kimlun and Zecon said the contract was expected to "contribute positively" to their financials.

Posted by Johnsonwong > 2016-03-11 10:21 | Report Abuse

Project Cost:1,500,000,000
Assuming net profit:10%
Profit amount: 150,000,000
Project Duration: 48 months
Estimated profit per month: 3,125,000
Estimated profit per quarter: 9,375,000
Estimated net profit for ZECON 70% JV :6,562,500

Posted by Johnsonwong > 2016-03-11 10:40 | Report Abuse

Measurement of final account for infrastructure works always more than actual workdone . Big project usually many loophole for contractor and consultants make money which is considered as corruption. ' You help me I help you'. Let say contractor can reduce the thickness of asphalt from 100mm thick to 80-90mm thick but claim report still based on specification of 100mm thick. Therefore there is BIG FORTUNE to make money especially MEGA PROJECT. Consultant whoever to certify the claim will just closed their eye because they are always been corrupted by contractor.Win-win and everybody make money. The money is from taxpayer they dont care.

youlee

763 posts

Posted by youlee > 2016-03-11 11:25 | Report Abuse

This project will be riddled with issues like over budget, poor quality, delays, etc....Turnkey to mega international contractors will solve all the above issue.

youlee

763 posts

Posted by youlee > 2016-03-11 11:40 | Report Abuse

JV co. will end up fighting each other after project started half way on.
Mark my words.

Posted by Johnsonwong > 2016-03-11 11:54 | Report Abuse

(吉隆坡11日讯)由亿强工程(Zecon Bhd)和金轮企业(Kimlun Corporation Bhd)合组的财团囊获一项价值14亿6000万令吉的合约,为砂拉越泛婆罗洲大道(Pan Borneo Highway)进行部分发展与提升工作,前者股价今日随即扬升1.21%。

截至上午9时42分,亿强工程扬1仙至83.5仙,成交量达117万1400股。

亿强工程与金轮企业昨日各别向大马交易所发文告报备,两家公司均获得Lebuhraya Borneo Utara私人有限公司颁布为期4年(48个月)的得标书。

根据亿强工程与金轮企业,两家公司将成立一家联营公司,以发展泛婆罗洲大道延伸的Serian交通圈-Pantu路口。

金轮企业表示:“这家联营公司一旦正式成立,我们将与Lebuhraya Borneo Utara达至一项协议。”

金轮企业将持有这家联营公司30%股权,而亿强工程则持有其余70%股权。两家公司均预测,这项合约可为业绩带来“正面贡献”。

BB_Trader

34 posts

Posted by BB_Trader > 2016-03-11 15:23 | Report Abuse

Phase 1 award is only the beginning...more good things coming!

paulthesotong

2,857 posts

Posted by paulthesotong > 2016-03-11 19:23 | Report Abuse

Dont u think a small cap (119m) likes Zecon do get billion ringgit project without huge funding backing? Coming up Ren Irred Unsec Conv Loan Stocks + Right Issues and some candy Bonus Issues........1.00.

paulthesotong

2,857 posts

Posted by paulthesotong > 2016-03-11 20:30 | Report Abuse

Jv with Kimlun almost 9% total of whole Pan Borneo Highway. Assume 5% profit margin for Zecon is rm 51m and net profit rm 38m and eps .32sen into 2020. Price should be.........

ignissimia

1,055 posts

Posted by ignissimia > 2016-03-13 20:55 | Report Abuse

Can anyone make a list with key details of;
1. All the projects the company completed in the last 15 years
2. All their current on-going projects
3. All the projects in their order book which are yet to commence work

kiara

42 posts

Posted by kiara > 2016-03-14 09:46 | Report Abuse

jst buy in now
very cheap price now

kiara

42 posts

Posted by kiara > 2016-03-14 09:56 | Report Abuse

too many shou zai selling their shares
jst grap it when those shou zai sell their shares at cheap price

Posted by Jolin Lai Chi Pet > 2016-03-14 12:55 | Report Abuse

maybe u r the real shou zai................... later, kiara

Posted by Johnsonwong > 2016-03-14 14:47 | Report Abuse

150亿合约今年陆续颁发 泛婆大道照亮建筑股

财经新闻 财经

2016-03-12 10:59

1 of 2

(吉隆坡11日讯)随着砂州泛婆罗大道合约昨日颁出“配套3”工程,显示当局再次启动合约热潮,今年还会从14家竞标联营或财团中,选出9项工程配套的赢家,总值140亿至150亿令吉,激励国内建商前景。

昨天,金轮企业(KIMLUN,5171,主板建筑股)和亿强工程(ZECON,7028,主板建筑股)的联营公司,获得泛婆罗大道Serian圆环至Pantu Junction的发展和升级工程,总值14亿6077万3150令吉。

泛婆罗大道全长1089公里,其中,从三马丹(Sematan)至美里的746公里道路工程,在去年10月完成招标程序,今年会颁发10项主要工程配套。

大马研究指出,在颁发配套3后,目前由14个合格联营或财团,虎视眈眈9项配套,各长60至90公里。

在这当中,分析员相信,配套7可能会在4月底的砂州选举前推介,有传首相下月将会亲自推介。

配套7全长76公里,从Bintangor路口至Julau路口,以及从诗巫机场圆环至Salangau的Sungai Kua桥,也拥有长达1.2公里最长的桥Batang Rajang。

“我们看好砂拉越的建筑领域,除了开始释出大道合约,还有去年州政府80亿4000万令吉的预算案,拨出了59亿7000万令吉的发展开销,比去年多31.3%。”

预计今年会释出的主要工程,包括6亿令吉新木胶机场、约5亿令吉的古晋中央污水处理系统配套2,以及14亿令吉的Baleh道路工程。

“为此,我们维持对砂州建筑领域的‘增持’看法,首选股为砂拉越电缆(SCABLE,5170,主板工业产品股)、福胜利(HSL,6238,主板建筑股),以及许甲明(KKB,9466,主板工业产品股)。”

金轮合约增至14亿 3年财测上修2-25%

金轮企业赢得泛婆罗洲大道合约,将工作订单推高至14亿令吉,因而获分析员将3年财测,调高2%至25%。

根据金轮企业和亿强工程(ZECON,7028,主板建筑股)在联营公司的持股率,金轮企业所占的合约价值比例,为4.38亿令吉。

大马研究分析员表示,假设泛婆罗洲大道合约的税前盈利赚幅为5%,根据金轮企业的持股比例,相信公司在未来5年,每年可袋入550万令吉。

丰隆投行研究分析员指出,这项合约已将公司的工作订单,大幅拉高47%,录得14亿令吉,相等于1.6倍的2015财年建筑业务营业额。

“年初至今,金轮企业已赢得总值7.11亿令吉的新订单,几乎达到上财年全年的7.5亿令吉新订单规模,而且,公司今年目标再取得3亿至5亿令吉的新订单。”

分析员续称,由于目前的新订单规模,已超越原本的7亿令吉目标,因此,该行把今年的目标提高至12亿令吉,也将公司今明年财测,调涨3%至9%。

“从赢得泛婆罗洲大道合约来看,金轮企业已开始更积极地竞标基建工作订单,且公司还竞标中枢大道工程,也受邀竞标高速大道工程。”

肯纳格投行分析员指出,该行也将金轮企业今年的新订单预测,调高至11.4亿令吉,并看好公司能够达标。

“同时,我们将金轮企业今明年财测,分别调高2%和14%,至7000万令吉与8380万令吉。”

订单走强分析员改观

在马银行投行方面,分析员同样把公司的新订单预测,提高至13亿令吉,并将今年至后年每股盈利预测,分别调涨25%、8.5%及16%。

丰隆投行研究分析员说,基于依斯干达区的市场疲软,该行原本看淡金轮企业前景,但随着公司取得更强劲的订单,该行也开始转变看法。

“我们如今转为看好该股,并将评级提高至‘买入’,目标价为2.23令吉,高于早前的1.56令吉。”

至于金轮企业的建材预制业务,公司正竞标捷运第二路线(MRT2)节段箱梁供应合约,还有新加坡捷运路线与地下道系统合约。

马银行投行分析员对此表示:“虽然我们把今年的预制合约预测,提高33%,至4亿令吉,但估计明年的预制赚幅将陷入下跌,因MRT2对低赚幅预制建材的需求较高。”

砂州建筑合约赢家:

砂州主要承包商
股项
●砂查也马特(CMSB,2852,主板工业产品股)
●纳音控股(NAIM,5073,主板产业股)
●福胜利
●许甲明
理由:有能力各自取得一项大道配套工程,以及砂拉越再生能源走廊(SCORE)和乡村发展工程。

原料和周边领域
股项:
●昇阳船务机构(SYSCorp,5173,主板贸服股)
●民都鲁港口(BIPORT,5032,主板贸服股)
●砂拉越电缆 (SCABLE, 5170, 主板工业产品股)
理由:昇阳船务机构和民都鲁港口可从原料和资源的物流交通中获利;砂拉越电缆可提供公用事业部件,如电缆和钢柱。

其他半岛建商
股项:
●IJM(IJM,3336,主板建筑股)
●双威建筑(SUNCON,5263,主板建筑股)
●金务大(GAMUDA,5398,主板建筑股)
●马资源(MRCB,1651,主板建筑股)
●WCT控股(WCT,9679,主板建筑股)
●高峰控股(BPURI,5932,主板建筑股)
理由:虽然半岛承包商只能在联营公司持股30%,但相信能凭借专才和资源,工程份额会高于30%。

firehawk

4,783 posts

Posted by firehawk > 2016-03-14 16:30 | Report Abuse

price cannot .... t+3 coming?

kiara

42 posts

Posted by kiara > 2016-03-14 16:43 | Report Abuse

i didnt ask u to play contra
jst buy in n wait while it is still cheap price jolin

kiara

42 posts

Posted by kiara > 2016-03-16 15:54 | Report Abuse

flying soon
goreng tetap goreng
more ppl to know the good news day to day

tjhldg

27,218 posts

Posted by tjhldg > 2016-03-17 00:26 | Report Abuse

eosk penting :)

Posted by zamriman > 2016-03-17 02:48 | Report Abuse

:)

Posted by SuperTrade > 2016-03-21 14:33 | Report Abuse

zecon coming

firehawk

4,783 posts

Posted by firehawk > 2016-03-23 10:07 | Report Abuse

major share holder dun want retailers earn easy money .....

firehawk

4,783 posts

Posted by firehawk > 2016-04-20 16:25 | Report Abuse

a poor thing ....

Maxireturn

160 posts

Posted by Maxireturn > 2016-04-23 21:24 | Report Abuse

Poised to fly soon..

Posted by Jolin Lai Chi Pet > 2016-04-29 18:23 | Report Abuse

not only fly.................Limit UP also will happen.............. Tp 1.50

lian998

464 posts

Posted by lian998 > 2016-05-28 19:03 | Report Abuse

Zecon is 蓝筹股?

mamatede

3,950 posts

Posted by mamatede > 2016-07-04 23:01 | Report Abuse

this company in dire need of capital, cancelling its share par value, issue bonus shares, and issue warrant.

mamatede

3,950 posts

Posted by mamatede > 2016-07-04 23:02 | Report Abuse

the value of share will drop further.. with this move

XXXvalue

457 posts

Posted by XXXvalue > 2016-07-12 13:15 | Report Abuse

just stay away from ze(the) con(man)!

firehawk

4,783 posts

Posted by firehawk > 2016-07-27 09:07 | Report Abuse

ask money from shareholders loh .....

dhuwit

80 posts

Posted by dhuwit > 2016-08-26 17:50 | Report Abuse

Quarterly rpt on consolidated results for the financial period ended 30 Jun 2016
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5189073

Posted by wwwdotkyaputendotcom > 2016-08-29 14:56 | Report Abuse

Another wave before closing today?

Posted by wwwdotkyaputendotcom > 2016-08-29 22:11 | Report Abuse

See see tomorrow

firehawk

4,783 posts

Posted by firehawk > 2016-09-29 15:41 | Report Abuse

share holders have to prepare money for the RI?

Posted by lurks_irregularly > 2016-09-29 16:01 | Report Abuse

what does it mean? how does it relate to the slight gain today?

Posted by lurks_irregularly > 2016-10-22 11:15 | Report Abuse

Hopefully Zecon gets a modest boost.

Pan Borneo Highway in Sarawak (RM17bn) and Sabah (RM11bn) which will be accelerated in 2017.

Jacky Yip

94 posts

Posted by Jacky Yip > 2016-10-26 23:37 | Report Abuse

它建议削资 : - RM0.90, 然后一送一红股, 之后六配二十五可赎回可转换无担保债券股 (RCULS)
送三新母股 @ 4/7/16

firehawk

4,783 posts

Posted by firehawk > 2016-11-25 22:35 | Report Abuse

Wah! change the proposal again:
1) No bonus issue
2) No new warrant issued
3) 5 RCULS for 3 shares (if buy 3000 shares@0.60= 1800, then prepare 2500 to subscribe the RCULS)

these are my understanding, don know correct or not!

firehawk

4,783 posts

Posted by firehawk > 2016-11-28 23:07 | Report Abuse

WA drop like heck!

Posted by butterflyeffect > 2016-11-29 03:26 | Report Abuse

Haiyaa sold already wa @ 0.09,buy at 0.075 jadila
Skrg kalau berani boleh collect tayor.ex date match 2017

Posted by Godstock88 > 2016-11-30 10:00 | Report Abuse

Zecon’s major shareholders, Dawal Capital Sdn Bhd and Datuk Zainal Abidin Ahmad, together with Tan Sri Hamid Bugo and Zainurin Ahmad, had in July last year proposed to privatise the company via an SCR and repayment, as well as an acceleration of the maturity of the outstanding 2007/2017 company warrants and cancellation.

The entitled shareholders will be paid 80 sen in cash for every RM1 ordinary share held, while warrant holders will receive five sen per warrant. Upon completion of the exercise, Zecon will exit the local bourse.

Still valid ?

XXXvalue

457 posts

Posted by XXXvalue > 2016-12-08 13:56 | Report Abuse

awake...and still dreaming.

firehawk

4,783 posts

Posted by firehawk > 2017-02-24 17:11 | Report Abuse

WA lapses like toilet paper?

Posted by Ultrainvestor > 2017-04-04 16:30 | Report Abuse

Market Capital (RM): 77.42m, Number of Share: 119.11m, EPS (cent): 42.01, P/E Ratio: 1.55, ROE (%): 50.61, NTA (RM): 0.830, Par Value (RM): 1.000

Taken fromhttp://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=7028

anything brewing? 2 days climbing quietly.

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