Posted by mf > 2020-06-25 15:07 |

Post removed.Why?

Posted by apolloang > 2020-06-25 15:29 | Report Abuse

I bought 57 just sold 60.5cts 30,000 only

Posted by apolloang > 2020-06-25 15:32 | Report Abuse

me too greedy tot gonna limit up no sell,fall back only sell

Posted by apolloang > 2020-06-25 15:33 | Report Abuse

when got 15cts? march low is 22.5cts

Posted by mf > 2020-06-25 15:41 |

Post removed.Why?

Posted by mushroom > 2020-06-25 15:42 | Report Abuse

apa ni

Posted by apolloang > 2020-06-25 15:42 | Report Abuse

wah datang again,masuk again?

Posted by apolloang > 2020-06-25 15:44 | Report Abuse

today boleh limit up or UMA?

Posted by mushroom > 2020-06-25 15:44 | Report Abuse

coz of Good QR ?

Posted by apolloang > 2020-06-25 15:53 | Report Abuse

I just play play,hit and run like casino

Posted by captain star > 2020-06-26 09:45 | Report Abuse

Chase kub better

Posted by calvintaneng > 2020-06-26 09:47 | Report Abuse

Too dangerous to chase Zecon for these reasons


1. If not for hidden operating profits this quarter is just average.

2. On the balance sheet is Current borrowings of Rm765 millions
Plus payables over Rm300 millions

So there is a debt load of over Rm1 billions

3. Last year pp was only 25 sen

So this sudden price jump on one-off gain is overdone

Be careful don't chase now

Better sell and take profit

Very high interest charges will still be on balance sheet unless current debt is pared down

Ageson & Kanger selling sand story more credible if you want to play play as Govt gave 11 companies to export river sand

Or do the safer things

Buy

WZSATU

WTK

TEXCHEM

Posted by BeastOfTheEast > 2020-06-27 14:51 | Report Abuse

Waah

Posted by BeastOfTheEast > 2020-06-27 14:51 | Report Abuse

Down 13.93%!!!

Posted by BeastOfTheEast > 2020-06-27 14:52 | Report Abuse

How come dived so much man

Posted by BeastOfTheEast > 2020-06-27 14:52 | Report Abuse

Wonder what the problem is

Posted by BeastOfTheEast > 2020-06-27 14:53 | Report Abuse

Or if it is just a normal healthy correction

Posted by bursabull > 2020-06-30 09:38 | Report Abuse

Zecon berhad.
Riding on sarawak growth and sarawak government capex.
9mth cumulative earning = 30 cents

NTA 1.8

Before any prominent investor come and goreng and take position, can buy in and hold

Target year end total eps = 35 cents
PE x 6 = RM 2.10
PEx 10 = Rm 3.50


Capital gain potential = 400%

Expecting a bonus special dividend on 4th quarter year end result ( August )

Zecon revenue and profit contributor from 2 sector

1. Pan borneo highway construction concession

2. Ukm - hospital pakar kanak kanak concession

Solid government contract at hand

We can foresee ZECON next 1 year revenue contribution from concession to maintain earning, any extra concession project in sarawak will further boost zecon botton line earning.

Zecon short term target RM1.20

Posted by bursabull > 2020-06-30 10:10 | Report Abuse

Before any prominent investor come and goreng and take position, can buy in and hold

Target year end total eps = 35 cents
PE x 6 = RM 2.10
PEx 10 = Rm 3.50

Capital gain potential = 400%

Expecting a bonus Special Dividend on 4th quarter (Q4) year end result ( August 2020 )

Posted by targetinvest > 2020-07-01 10:42 | Report Abuse

yea faster come in before fly up high high

Posted by targetinvest > 2020-07-01 10:44 | Report Abuse

NTA already RM 1.80
Earning already consistent for 3 quarter.. apa lagi mahu?

Posted by targetinvest > 2020-07-01 10:44 | Report Abuse

Sarawak project pan borneo is government give money
Hospital pakar kanak kanak also is government give money..

So customer is very steady and will pay money

Posted by targetinvest > 2020-07-01 10:45 | Report Abuse

Now EPS already 30 cents... super undervalue until dunno wad to say..
Only can say due some big player want to corner this share more

Posted by targetinvest > 2020-07-01 10:46 | Report Abuse

Sarawak going to ditch more project out...

Posted by targetinvest > 2020-07-01 10:50 | Report Abuse

Today engine start and warm up to 60 cents

Posted by targetinvest > 2020-07-01 10:54 | Report Abuse

Sarawak on power.. all sarawakian buy buy buy

Posted by mf > 2020-07-02 09:08 |

Post removed.Why?

Posted by mf > 2020-07-02 11:11 | Report Abuse

fly

Posted by bct2619 > 2020-07-08 11:49 | Report Abuse

Any news????any ideal???

Posted by stevenckheng > 2020-07-08 11:55 | Report Abuse

walao, all politic counter UP UP UP

Posted by High5 > 2020-07-21 12:24 | Report Abuse

Good or bad ?

Posted by High5 > 2020-07-21 12:26 | Report Abuse

Zecon gets shareholder nod for rights issue

By theedgemarkets.com | 2020-07-21 12:16:41
KUALA LUMPUR (July 21): Zecon Bhd has received approval from its shareholders for its proposed rights issue to address its current funding requirements to meet its short-term obligations and liabilities, as well as strengthen its financial position.

The Sarawak-based construction and property firm had announced on Feb 28 that it was planning to raise between RM19.4 million and RM46.1 million via a renounceable rights issue of up to 576.4 million of irredeemable convertible preference shares (ICPS) at an issue price of 8 sen each and a conversion rate of 16 sen.

Under the corporate exercise, each shareholder who already owns one Zecon share will receive four ICPS shares.

In a statement today, Zecon said its shareholders unanimously passed the resolution at the extraordinary general meeting on July 17.

Proceeds from the rights issue will be spent on working capital, to repay bank borrowings and for listing expenses.

"The rights issue of the ICPS augurs well for the company as it would further stimulate cash flow which in turn would further boost Zecon's net profit," said Zecon.

Zecon saw its net profit jump 59.7% year-on-year (y-o-y) to RM9.15 million in its third financial quarter ended March 31, 2020, mainly contributed by the Hospital Kanak-Kanak Universiti Kebangsaan Malaysia and the Pan Borneo projects.

Revenue for the quarter was up 26.9% y-o-y to RM143.1 million. For the nine-month period, the group registered a net profit of RM43.18 million compared with a net loss of RM8.76 million a year ago.

At 11.46am, Zecon shares were up 0.5 sen or 0.96% at 52.5 sen, bringing a market capitalisation of RM75.66 million. A total of 83,600 shares were traded.

Posted by jojo85 > 2020-08-21 14:59 | Report Abuse

Bila nk fly ni?

Posted by Thomas93684432 > 2020-08-26 14:08 | Report Abuse

Andr, do you know when is the result going to released?

Posted by Thomas93684432 > 2020-08-27 10:03 | Report Abuse

which means next month?

Posted by whpang > 2020-08-27 15:00 | Report Abuse

today up 5 sen, any news?

Posted by Kabali > 2020-08-29 12:53 | Report Abuse

Buy now

Posted by Kabali > 2020-08-29 12:54 | Report Abuse

Excellent full year results

Posted by Wintrade8989 > 2020-10-21 15:47 | Report Abuse

Finally it's coming!

Posted by Wintrade8989 > 2020-10-22 09:44 | Report Abuse

sarawak theme coming!

Posted by Wintrade8989 > 2020-11-07 10:27 | Report Abuse

Budget benefit counter

Posted by tkl88 > 2020-11-07 11:51 | Report Abuse

Superb good news from budget 2021 for the construction sector !

MRT 3 and HSR making a comeback
CONSTRUCTION
Saturday, 07 Nov 2020 By INTAN FARHANA ZAINUL
https://www.thestar.com.my/business/business-news/2020/11/07/mrt-3-and-hsr-making-a-comeback
The government is reviving the multi-billion ringgit Mass Rapid Transit Line 3 (MRT 3) under the Budget 2021 that
will be a boom for construction companies.......


2021 Budget: Government to proceed with HSR project
By New Straits Times - November 6, 2020 @ 8:20pm
https://www.nst.com.my/news/nation/2020/11/638836/2021-budget-government-proceed-hsr-project
KUALA LUMPUR: The government will proceed with the Kuala Lumpur-Singapore High-Speed Rail (HSR) infrastructure project.
Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz, in tabling the 2021 Budget in the Dewan Rakyat today, however said the implementation of the project was subject to discussions with Singapore.
"The government will continue the HSR project as this project is expected to generate a positive multiplier effect to the country's economy," he said.

Posted by Kabali > 2020-11-08 20:44 | Report Abuse

Time to buy

Posted by Kabali > 2020-11-08 20:46 | Report Abuse

Profitable n low valuation

Posted by stingray_ea > 2020-11-09 11:55 | Report Abuse

op

Posted by tkl88 > 2020-11-09 14:59 | Report Abuse

President Biden is favours to world trade !
World economy will start booming from today onwards !
And asian stock markets including KLSE will be in bull market from today onwards !
As at 2.10pm,
Hang Seng : 26,095.46 (+382.49) (+1.49 %)
Shanghai composite: 3,380.38 (+68.23) (+2.06 %)
Nikkei : 24,912.31 (+587.08) (+1.41 %)
Taiwan Weighted : 13,127.47 (+153.94) (+1.19 %)
Korea Kopsi : 2,449.96 (+33.46) (+1.38 %)
Singapore STI : 2,611.34 (+32.66) (+1.27 %)

Huat ah ! Heng ah ! Ong ah !

Posted by tkl88 > 2020-11-09 22:11 | Report Abuse

Wow, oil price spike up like mad !
As at 9.50pm,
Nymex at => $40.67 (+3.53) (+9.50 %)
Brent at => $42.77 (+3.32) (+8.42 %)

Huat ah ! Heng ah ! Ong ah !

Posted by tkl88 > 2020-11-09 23:48 | Report Abuse

Oil Jumps by Most Since June on Covid Vaccine Progress
Alex Longley and Matthew Martin
Mon, November 9, 2020, 9:54 PM GMT+8·2 min
https://finance.yahoo.com/news/oil-climbs-biden-win-spurring-105416567.html

Posted by tkl88 > 2020-11-09 23:48 | Report Abuse

(Bloomberg) -- Oil in London jumped by the most since June as Pfizer Inc. reported a potential Covid-19 vaccine breakthrough.

Crude futures spiked following news the vaccine, being developed by Pfizer and BioNTech SE, prevented more than 90% of infections in a study of tens of thousands of volunteers.

Markets globally surged. WTI climbed more than 10% in New York, while global equities soared. It led to broader strength in the oil futures curve, with timespreads also moving sharply higher.

A vaccine “would be the most meaningful type of mitigator to the situation,” Saudi Energy Minister Prince Abdulaziz Bin Salman said prior to the Pfizer announcement at a conference on Monday. “We’re still hopeful that vaccine is found and that vaccine or vaccines spread and hopefully mobility would be regained.”

Since Covid first emerged, oil markets have been steadily recovering from the biggest crash in consumption in a generation. Transport use in Asia has rebounded strongly, but the renewed resurgence of the virus in Europe has continued to weigh on demand in the region. The emergence of a vaccine would not only help regions suffering form renewed lockdowns, but could also help spur the return of aviation demand -- the hardest hit corner of the market.

The relief in the market was seen in the profits from turning crude into transport fuels. Gasoline cracks in the U.S. reached their highest since mid-October, while those in Europe also gained. Jet fuel was also gaining relative to the value of other transport fuels in Europe, Bloomberg fair value data show.

Prices had earlier rallied as Joe Biden declared victory in the U.S. presidential election and began preparations to navigate America’s pandemic-hit economy out of crisis, with potential shifts coming on a range of policies from fiscal stimulus to Iranian sanctions. At the same time, Saudi Arabia said that OPEC+ could extend oil cuts through 2022 as the group seeks to re-balance the glutted market.

Posted by tkl88 > 2020-11-10 00:41 | Report Abuse

Walaoeh, Dow Jones spike up to sky high !
As at 12.05am,
Dow Jones at=> 29,425.57 (+1,102.17) (+3.89 %) !

Huat ah ! Heng ah ! Ong ah !