Posted by calvintaneng > 2020-01-06 13:38 | Report Abuse

Simon
Alam won few news jobs from Petronas so the market took note

But Azrb got hidden value overlooked

So best to buy more

When market wakes up Azrb also will move up

Posted by simon > 2020-01-06 13:49 | Report Abuse

Thanks, Mr Calvin

Posted by pineapple > 2020-01-06 23:14 | Report Abuse

mari mari

Posted by taepodong5 > 2020-01-10 12:43 | Report Abuse

push it up....calvin.....do it now....

Posted by Depeche > 2020-01-13 05:18 | Report Abuse

Time to buy before run up.

Posted by taepodong5 > 2020-01-15 16:30 | Report Abuse

are we still connected? hello....where is the wave or ripple....

Posted by lksiam > 2020-01-21 07:52 | Report Abuse

haha... Operator byk sabar.. grind the small fishes gao gao

Posted by taepodong5 > 2020-02-12 09:50 | Report Abuse

calvin...not buying? how can....

Posted by Stock Speak > 2020-02-13 15:09 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/02/13/pm-to-announce-stimulus-packages-involving-all-ministries

Posted by marlboroman2 > 2020-02-13 15:52 | Report Abuse

calvin will post by today or tomorrow after today's rebound ...

Posted by Begineer > 2020-02-17 09:21 | Report Abuse

Lai liao

Posted by marlboroman2 > 2020-02-17 19:00 | Report Abuse

Key Holland Liao

Posted by marlboroman2 > 2020-02-19 17:55 | Report Abuse

Government said stimulus package coming by month end or early next month, US and China looks ok, Battle against Corona virus seems to show that the worst is over albeit still out there .... so go buy a little bit keep for 10% return (4 sens up, enough lah).

Whether AZRB is an eventual recipient of any kind of stimulus package is irrelevant.

Malaysian market goes up based on hopes and goes down based on fears.

Where got buy based on Fundamentals for penny stocks.

While Charting is nothing more than telling you what has happened to the stock.

So you are just left with news which is either good or bad overall.

Posted by marlboroman2 > 2020-02-21 10:56 | Report Abuse

I repeat in above, Charting is nothing more than telling you the past movement of a stock. Not the future.

If you are basing on technicals and making tons of money you won't be bothered reading this forum and probably you are working at Khazanah or PNB with a high post

Posted by pineapple > 2020-02-21 16:43 | Report Abuse

must wake up... n shine.

Posted by JK22 > 2020-02-21 17:06 | Report Abuse

Stimulus package is for those industries affected by Covid19 , who have to lay of employments , work hours and etc. Eg, tourism related, entertainment , event management , Why do construction need covid 19 stimulus package ??

Posted by lksiam > 2020-02-24 09:17 | Report Abuse

@JK22,
You must first understand how is GDP calculated.
What you mentioned is a surface thing that most people see. What economists, bankers and leaders (politicians) see are different.

Posted by JK22 > 2020-02-25 10:19 | Report Abuse

Now Cabinet Dissolved ? Stimulus package still on ? Or we left to heal ourselves from Covid19

Posted by bbc99 > 2020-02-26 15:59 | Report Abuse

Whoever in power, azrb will not b affected, u know what i mean.

Posted by JK22 > 2020-02-28 11:19 | Report Abuse

Dropping bad. What happened to ECRL ? After August 2019.. quiet till now

Posted by Json1536 > 2020-02-28 15:05 | Report Abuse

Jump ship

Posted by freddiehero > 2020-02-28 15:30 | Report Abuse

wah.. big discount

Posted by lksiam > 2020-02-28 16:18 | Report Abuse

Interesting...

Posted by JK22 > 2020-02-28 16:19 | Report Abuse

what ...heck.. mega sales.. Cannot resist.....

Posted by NGWAIKUAN > 2020-02-28 21:30 | Report Abuse

Qr result too bad, monday drop again

Posted by JK22 > 2020-02-28 22:22 | Report Abuse

1. REVIEW OF PERFORMANCE
AZRB and its subsidiaries (“the Group”) posted RM283.1 million of revenue for the quarter,
a 6.1% increase from RM266.7 million recorded in the previous corresponding quarter.
This was due to better revenue performance coming from nearly all divisions of the Group;
particularly the Engineering & Construction, Concession and Oil & Gas Divisions.
The Group suffered a quarterly pre-tax loss of RM39.7 million for the quarter ended 31
December 2019 (4Q19), down from a RM6.3 million pre-tax profit recorded in the previous
corresponding quarter of 2018.
The Group’s performance was mainly affected by the recognition of one-off additional
costs on various completed projects in the Engineering & Construction Division and costs
of recovery incurred in relation to the Arbitration Award of the Al-Faisal University (“AFU”)
project, totalling RM50.7 million.
On a positive note, all other Divisions in the Group showed marked performance
improvements over the previous corresponding quarter of last year.
Engineering & Construction
For the current quarter under review, the Division posted a revenue of RM243.4 million, a
5.9% increase from RM229.8 million which was posted for the same corresponding quarter
of 2018. The revenue increase was due to a favourable average project churn rate for the
quarter, as the Division continues to go through its order-book.
Despite higher revenues, there were additional costs as a result of one-off provisional
charges and contract costs written off solely on the Division’s completed projects which
are now in their account finalisation stages. The Division had decided to take the prudent
approach to ascertain and account for these costs as and when they are determined, to
ensure that the Division will be on a solid base in which to improve on results going
forward.
Arising from the above, pre-tax loss recorded for the quarter was RM30.7 million,
compared against a RM6.7 million pre-tax profit for the quarter of 4Q18.

Posted by JK22 > 2020-02-28 22:24 | Report Abuse

Like that call bad ? Improve revenue also bad?

Posted by freddiehero > 2020-02-28 22:34 | Report Abuse

good qr?

Posted by lksiam > 2020-03-02 08:20 | Report Abuse

Retail investors have to learn to do own homeworks and make own judgement. Not just green or red.

Posted by taepodong5 > 2020-03-13 11:01 | Report Abuse

well...at 20 sens....should be a reasonable buy for long term....

Posted by Karlos > 2020-03-13 15:00 | Report Abuse

Directors been buying earlier well above 20 sen

Posted by bbc99 > 2020-03-14 17:11 | Report Abuse

I bought n bought n will buy n buy

Posted by apolloang > 2020-03-14 22:28 | Report Abuse

another pastor counter....hahaha

Posted by taepodong5 > 2020-03-16 16:11 | Report Abuse

keep buying.....break the 20 sens...now heading toward 5 sesn at terminal velocity....calvin calvin...buy now bro.....

Posted by aam1932 > 2020-03-16 23:57 | Report Abuse

Woww,

Posted by robert88888 > 2020-03-18 14:06 | Report Abuse

Stupid counter..

Posted by marlboroman2 > 2020-03-18 18:00 | Report Abuse

Their Treasury department should have put in place a share buy back mechanism with prior approval from Bursa. If that was done, it can now start to buy back its shares and keep in its treasury.

Once the market recovers, sell back at double triple whatever the price in the future. Their Holding company segment will have superlative one-off profits which can offset their Engineering, Plantation, Property, Concession's hard times in these day and age.

Today at 12.5 sens with 594 mil shares issued that equates to a market cap of RM 74 mil while it has a backlog book order of RM 2-3 billions?

Posted by marlboroman2 > 2020-03-18 20:34 | Report Abuse

Correction, not sell back on open market but issue as bonus issue or issue to employees as share option incentive. Either way it's rewarding to the company and the shareholders at the cheap acquisition price of today

Posted by kong73 > 2020-03-20 21:40 | Report Abuse

Company directors greed knows no bounds.. keep on buying shares to accumulate in the hope it will shore up the stock price. Next week will be volatile as Covid 19 will start to treble to 2-3k infected

Posted by kong73 > 2020-03-20 21:42 | Report Abuse

When that happens AZRB will be on sale again

Posted by Investsucess Trader > 2020-03-22 19:57 | Report Abuse

Tomorrow will has cheap sale again, maybe wait for a few day can get cheaper.

Posted by marlboroman2 > 2020-03-23 22:02 | Report Abuse

Every 0.5 sens up = 4% profit. Compare it to fixed deposit 12 months interest rate.

US Fed announced unlimited stimulus, helicopter cash ready to drop dollars on every family home in the States, rebound is imminent.

If you miss the first rebound which will be sharpest, you'll be stressed. So better stress to buy now then stress to buy if you miss the rebound.

Buy little bit and keep, no need to greedy. Anyway can see relatively good reasonable support at 12 sens. Daily trade volume practically dried up. Today done Rm 53k only. Price of a Myvi.

Govt said will outlay provisions for infrastructure spending but mainly for small contractors. Cannot spend mega sums in light of oil prices. Azrb recently won award for best construction company in micro segment, so at today's prices sure qualified as small contractor with award to backup.

Won't die one this counter.

Posted by kong73 > 2020-03-24 14:14 | Report Abuse

see already 1500 cases infected..2-3k coming

Posted by marlboroman2 > 2020-03-27 15:52 | Report Abuse

Buy on rumours, sell on news (TMY's 250b stimulus package). However, this is a huge package and i also get something, thumbs up for it.

Posted by Imthemalaysian > 2020-03-30 10:38 | Report Abuse

Marlboroman2 so what’s your thing now?

Posted by marlboroman2 > 2020-03-30 16:18 | Report Abuse

This counter and Mrcb

Posted by Imthemalaysian > 2020-03-30 16:37 | Report Abuse

Both kena quarantined.. need to wait months to recover

Posted by marlboroman2 > 2020-03-30 16:39 | Report Abuse

Note also on Azrb, EKVE highway project worth Rm 1.5 billion is scheduled for completion in July 2020 (was given extension to complete back in 2019 for 315 days).

Hence, revenue stream will kick in once the toll is operational (Ekve Sdn Bhd holds 100% of the concession which in turn is a wholly owned subsidiary of Azrb).

The toll revenue is surely collateralised against their existing loans which follows the same modus as with their latest sukuk money received on-lent against cash revenue from their FM service under their medical hospital concession project.

PS: Very normal thing for construction companies to be highly geared, if you are not highly geared, you are not a best practising construction company or worst still banks view you as risky business model to them.

Posted by marlboroman2 > 2020-03-30 18:21 | Report Abuse

Disclaimer clause: The above is written as a in my opinion only and leisure reading, not as a professional advice, you need to verify such information before investing further

Posted by mf > 2020-03-30 18:24 | Report Abuse

(Crude Oil) Crude oil fell sharply on Monday, with US crude briefly dropping below US$20 and Brent hitting its lowest level in 18 years, on heightened fears that the global coronavirus shutdown could last months and demand for fuel could evaporate further. - Reuters