AHMAD ZAKI RESOURCES BHD

KLSE (MYR): AZRB (7078)

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Last Price

0.245

Today's Change

+0.01 (4.26%)

Day's Change

0.23 - 0.25

Trading Volume

3,532,500


12 people like this.

8,225 comment(s). Last comment by ocbc 1 day ago

kong73

2,065 posts

Posted by kong73 > 2019-08-20 09:57 | Report Abuse

It is coming up.. untung beli Ahmad Zaki.. EKVE operationalising Sept 2019

Posted by marlboroman2 > 2019-08-20 12:29 | Report Abuse

41 sens still cheap to go in given that the ECRL tendering stage is coming up in 4th quarter. 30% bumiputera contractor quota and AZRB is king of the east coast so ‘surely’ the deck is staged favorably for them or aka a good horse to bet.

The level to be wary is at 55 sens which is when the directors themselves offloading some of their own personal share holdings albeit a small amount. This happened on the last recent months run up.

Posted by marlboroman2 > 2019-08-20 12:35 | Report Abuse

Note, i used the word ‘staged’ as opposed to ‘stacked’ in above. They say tendering is now ‘open basis’, if you believe it is done as such then i made a typo error. Alas, i still believe otherwise, so i used the word staged instead :-p

johnchew3

398 posts

Posted by johnchew3 > 2019-08-20 18:24 | Report Abuse

Ha ha monkeykj is here crying begging for help

Ncm88

1,219 posts

Posted by Ncm88 > 2019-08-20 18:29 | Report Abuse

Marlboroman no up u need chop gugujiao ok

Ron90

4,127 posts

Posted by Ron90 > 2019-08-20 22:18 | Report Abuse

double bottom formation..

Moneymaker

150 posts

Posted by Moneymaker > 2019-08-21 10:47 | Report Abuse

train leaving soon...

mukhriz02023

1,291 posts

Posted by mukhriz02023 > 2019-08-21 10:55 | Report Abuse

Musang king grade A sekarang berapa ringgit sekilo?

kmwong8711

639 posts

Posted by kmwong8711 > 2019-08-21 11:23 | Report Abuse

One kilo should be Rm48 this week price would change accordingly to demand

john doe

749 posts

Posted by john doe > 2019-08-21 12:48 | Report Abuse

Depends on what price you are asking?? Farm/wholesaler price? retail price??
RM48 should be retail price (slightly expensive) and should be able to get get very good old tree/high hill grade A durians

Ncm88

1,219 posts

Posted by Ncm88 > 2019-08-21 12:50 | Report Abuse

Ya kahhh macam no power

Beltland

613 posts

Posted by Beltland > 2019-08-21 12:53 | Report Abuse

Ncm88 Marlboroman no up u need chop gugujiao ok

Ans:Big mouth talk rubbish 3 kali 8.Now price up,who chop gugujiao ?

Ncm88

1,219 posts

Posted by Ncm88 > 2019-08-21 12:54 | Report Abuse

Tp berapa price ? Ur tp price no hit need chop gugujiao alrdy

john doe

749 posts

Posted by john doe > 2019-08-22 07:27 | Report Abuse

So fast shooting star? Let see today

Moneymaker

150 posts

Posted by Moneymaker > 2019-08-30 13:23 | Report Abuse

Ok now.

Posted by Wesley Lim > 2019-09-01 13:01 | Report Abuse

Sad no news

kmwong8711

639 posts

Posted by kmwong8711 > 2019-09-01 14:51 | Report Abuse

Why no news from ECRL project??

freddiehero

16,722 posts

Posted by freddiehero > 2019-09-01 15:16 | Report Abuse

haha.. next year la..

freddiehero

16,722 posts

Posted by freddiehero > 2019-09-01 15:16 | Report Abuse

all construction stock delay

Posted by Wesley Lim > 2019-09-07 13:53 | Report Abuse

Anyone can explain whats a sukuk murabahah?

BigPro

688 posts

Posted by BigPro > 2019-09-12 11:28 | Report Abuse

This sukuk murabahah is a long term Islamic loan to AZRB for working capital..

Posted by Wesley Lim > 2019-09-12 20:30 | Report Abuse

any reasons you could think of why they did that? what does it do to the share price

Posted by marlboroman2 > 2019-09-13 12:09 | Report Abuse

Most likely to repay off their current loans while adding on a new loan. This is a form of corporate finance exercise to satisfy loans that come due i.e. revolving loans. Like when you pay off one of your credit cards balances with funds from a new credit card you applied for.

No significant effect on the books unless the coupon rate on the bonds are higher than the current loans’ interest rates. Hence, no direct causation effect to share price, in theory.

There could be so many other reasons for issuing a loan or debenture, such as for working capital ie to pay for salaries, TNB, director’s fees, etc, as a security for performance bond to bid for projects, to upgrade its facilities, to purchase land banks, to pay dividends, etc.

The good part of a bond issuance could mean that the books are somewhat not critical, if not, obviously it would not be approved by Bursa and management may have to resort to other means of capital raising such as Rights issue, or worst still declare a surprise bomb Loss on its books and go for capital reduction and then re-issuance of its shares after say a 20 to 1 reduction. The latter scenario is unlikely for AZRB though given its track record.

Basically, it is very normal for companies to take up loans to operate. Even companies such as Nestle which is highly liquid in its cashflows and high dividend payout rates also have long term loans in issuance.

Moneymaker

150 posts

Posted by Moneymaker > 2019-09-17 09:22 | Report Abuse

Hopefully this week start uptrend to reach original price before trump kacau. time to buy and hold.

john doe

749 posts

Posted by john doe > 2019-09-17 09:49 | Report Abuse

Most likely have to wait till budget 2020 to have (infrastructure and construction) stimulus packages...
*Hopefully i am wrong. lol...

Posted by Json1536 > 2019-09-18 12:55 | Report Abuse

No dividend in this year?

freddiehero

16,722 posts

Posted by freddiehero > 2019-09-18 13:24 | Report Abuse

wah lau.. still stay..

freddiehero

16,722 posts

Posted by freddiehero > 2019-09-18 13:24 | Report Abuse

wan fly tidak

freddiehero

16,722 posts

Posted by freddiehero > 2019-09-18 13:25 | Report Abuse

wan down tidak

freddiehero

16,722 posts

Posted by freddiehero > 2019-09-18 13:25 | Report Abuse

apa macam?

Moneymaker

150 posts

Posted by Moneymaker > 2019-09-18 14:21 | Report Abuse

very strong to hold not going down... like superman want to fly..

Mabel

24,281 posts

Posted by Mabel > 2019-09-19 23:45 | Report Abuse

Yawn...

Will visit this counter next quarter...

lachai2004

589 posts

Posted by lachai2004 > 2019-09-20 07:41 | Report Abuse

Mabel,
Many counters in property, plantation and construction are being hammered down to recent lows. it's seem like these sectors are still consolidating downward, but for sudden sell down of good counters may trigger buying interests..

whizzkid

1,336 posts

Posted by whizzkid > 2019-09-23 17:32 | Report Abuse

hoping to get laid by Mabel...

Posted by Mohd Fadzli > 2019-09-24 10:15 | Report Abuse

ECRL sure on.

john doe

749 posts

Posted by john doe > 2019-09-25 16:21 | Report Abuse

Crashing...

freddiehero

16,722 posts

Posted by freddiehero > 2019-09-25 16:29 | Report Abuse

finaly.. start discount..

taepodong5

294 posts

Posted by taepodong5 > 2019-09-26 16:06 | Report Abuse

plane crashed...not running? or bargain price now....

moniekj

1,037 posts

Posted by moniekj > 2019-09-28 22:32 | Report Abuse

Go for Orion. Fintech giant in the making. Cimb TP 0.33.

kasrim

2,493 posts

Posted by kasrim > 2019-10-03 15:09 | Report Abuse

run for ur life

moniekj

1,037 posts

Posted by moniekj > 2019-10-04 09:58 | Report Abuse

ORION (0079) could be the next SUPERBULL IT STOCK. It's covered by the CIMB research guy Name NIGEL FOO. Normally stock he covered mean potential something is brewing. We can see it from previous call on IFCAMSC and MYEG which fly up super huge. Especially IT company.

Myeg is one of the stock make him famous. And next is IFCAMSC.

Of course now both not doing well, but the front part is amazing, we just need to ride the front part.

Posted by Mohd Fadzli > 2019-10-04 19:45 | Report Abuse

Azrb flying shortly

Linus Kt

114 posts

Posted by Linus Kt > 2019-10-07 18:28 | Report Abuse

M.Fadzli
when will fly???

freddiehero

16,722 posts

Posted by freddiehero > 2019-10-07 18:35 | Report Abuse

hard fly.. high dept

Posted by Mohd Fadzli > 2019-10-08 11:45 | Report Abuse

now.

nickyeo55

1,092 posts

Posted by nickyeo55 > 2019-10-08 13:20 | Report Abuse

Mind Fadzli look like u know the story . Any target?

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