Posted by Ncm88 > 2020-04-02 23:36 | Report Abuse

this long forgotten company invloves in OnG, even improve revenue by 7m this quarter

Posted by Post2U > 2020-04-03 09:17 | Report Abuse

morning all, just buy this ctr for collection.

Posted by taepodong5 > 2020-04-03 09:34 | Report Abuse

too early....the melt down yet to come....

Posted by taepodong5 > 2020-04-03 15:19 | Report Abuse

expect USA going to go into recession...in 1-2 months...Dow...is expect to free fall after free money stimulus spent in a few months....The world market will crumble...Malaysia GDP will be -5%...AZRB will be at 5 sens.....just watch...for 1-3 months...else i will migrate to USA....

Posted by bnmacai > 2020-04-03 15:34 | Report Abuse

lol. then u buy ticket and watch show. dow will not collapse. it never will

Posted by chongkahagent > 2020-04-04 14:18 | Report Abuse

Bursa will crumble soon.following stocks still highly priced because govt link institilution support to portray a false image of malaysia economy:their price should be 10% of what it stood now.

Public bank
Maybank
Hartalega
Top grove
Penta
Scib
Petronas
Nestle ( nta only rm3 but trading at rm 130 ???)
Bat
Vitrox
Scib
Master
Etc etc

Posted by marlboroman2 > 2020-04-05 04:53 | Report Abuse

Nestle at Rm 130 while nta at rm 3 is because they declare a high 90%++ of their eps as dividends almost every quarter. Like Dutch Lady, BAT, Etc etc

These are companies with rising revenues and profits, low debt and high ROEs.

Hope the above addresses your ???

Posted by Post2U > 2020-04-06 11:58 | Report Abuse

Green..green

Posted by Post2U > 2020-04-07 15:01 | Report Abuse

somebody is cooking..

Posted by marlboroman2 > 2020-04-07 21:05 | Report Abuse

Azrb at this level is very much a beaten down stock. It is still good entry points now on a 6-12-month horizon.

Posted by Post2U > 2020-04-08 14:58 | Report Abuse

This ctr 4in1, constr, o&g, plant n prop. Load some for future

Posted by marlboroman2 > 2020-04-08 16:49 | Report Abuse

And also EKVE project should be rolled out sometime this year (hopefully not too long delayed because of covid).

To recap, the initial development cost is Rm 1.5 bil financed by sukuk in Ekve Sdn Bhd; a wholly owned subsidiary of Azrb.

Stage 1 (Pre-Completion)
Debit Work In Progress
Credit Sukuk Loans

Stage 2 (Post-Completion)
Debit Assets Held For Investment
Credit Work In Progress
Debit Bank
Credit Sales
Debit Sukuk Loans
Credit Bank

(If Sales > Cost of Sales for Toll operation = Gross Profits recognized when doing Consolidated Accounts of Azrb and Ekve Sdn Bhd). Bottom line depends on overall of everything else.

Bank balance won't increase for a while because the collections are used to pay off sukuk but gearing ratio improves.

Note also Ekve project is merely stage 1, stage 2 not tendered out yet. Open to all in future but Ekve Sdn Bhd could be favored due to existing expertise.

Disclaimer clause: The above is merely my own basic layman opinion and not professional advice.

Posted by marlboroman2 > 2020-04-08 17:37 | Report Abuse

https://www.klsescreener.com/v2/news/view/657655/healthcare-and-infrastructure-to-benefit

Posted by marlboroman2 > 2020-04-10 00:59 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/04/04/waiting-game-for-construction-sector

Posted by marlboroman2 > 2020-04-10 01:04 | Report Abuse

....."Back to the ECRL, MIDF believes the awards for subcontract jobs to Malaysian contractors will begin in the 2QFY20" (an excerpt from the above link)

Posted by Post2U > 2020-04-14 11:10 | Report Abuse

Interesting...will going to North

Posted by Post2U > 2020-04-16 10:20 | Report Abuse

Waiting right time to moved

Posted by Post2U > 2020-04-17 10:33 | Report Abuse

Dont miss d green

Posted by Post2U > 2020-04-19 09:32 | Report Abuse

Next week test 25cent

Posted by Post2U > 2020-04-20 15:01 | Report Abuse

Load some for better future

Posted by Post2U > 2020-04-21 13:56 | Report Abuse

accumulate more..kick off contra kakis

Posted by RedEagle > 2020-04-22 07:16 | Report Abuse

"Harga minyak jatuh ke negatif!" "Habis lah!"

Rileks, harga minyak mentah sedunia memang jatuh teruk, tapi yang jatuh 306% jadi $-37.63 setong tu cuma harga bagi "West Texas Intermediate" (WTI) keluaran US.

Untuk minyak Brent (keluaran Shell UK), harga masih positif, dalam $25. Harga minyak "Tapis" keluaran Malaysia pun masih $28, jatuh 1.7% je.

Minyak mentah ni macam kurma juga. Lain tempat lain keluaran, walaupun semua dikenali sebagai kurma. Ajwa tu keluaran Madinah, Deglet Noor Algeria, Medjool dari Morocco. Kualiti pun lain-lain.

Minyak mentah pula, selain WTI dan Brent, ada juga ESPO (Rusia), Urals (Rusia), Maya (Mexico), Minas (Indonesia) dan macam-macam lagi. Keluaran Malaysia selain "Tapis" ada juga "Bintulu Condensate", "Miri" dan lain-lain. Kualiti berbeza-beza ikut kandungan sulfur ("sweet" atau "sour") dan graviti ("heavy" atau "light").

Minyak WTI ni "sweet" dan "light", ramai suka beli, sebab tu harganya dijadikan "benchmark" dan dilaporkan dalam berita setiap hari bersama-sama Brent. Tapi harga WTI tak mewakili semua minyak yang ada di pasaran.

Yang lebih penting, kita kena faham minyak mentah ni didagang pakai "futures" atau kontrak ke hadapan. Katakan kau nak stok minyak pada Mei 2020, kau kena order semasa April.

Minyak mentah ni pembeli dia adalah syarikat-syarikat pemprosesan minyak. Diorang tak beli on the spot tapi beli in advance pakai "futures" supaya boleh manage risiko perubahan harga.

Yang jadi negatif ni adalah kontrak untuk penghantaran Mei. WTI ni bersifat "physical delivery", kau order untuk Mei, minyak tu secara fizikal sampai kat kau selaku pemegang kontrak Mei.

Gila apa, time-time ni siapa nak pakai minyak. Stok minyak masih berlambak sebab hampir satu dunia masih dalam lockdown. Kereta tak leh jalan, kapal terbang tak leh terbang, nak buat masak pun tak boleh walaupun "sweet" konon.

Jadi, disebabkan kontrak untuk Mei 2020 akan expire pada esok waktu tempatan US (21 April 2020), orang just lepaskan kontrak tu tak kisah apa harga. Better rugi duit kontrak dari minyak tu hantar kat kilang kau. Sebab tu harga jatuh ke negatif.

Kalau Brent tak jadi macam tu sebab dia boleh "roll over", tak nak kontrak Mei boleh jual ganti dengan kontrak Jun. Sebab tu tak ada masalah yang sama.

Tapi harga kontrak WTI untuk Jun sebenarnya masih OK, masih di paras $20, dan akan naik selepas itu sebab minggu lepas negara OPEC (yang diketuai Saudi) dan bukan OPEC (seperti Rusia dan US) dah capai persetujuan potong bekalan sebanyak 9.7 juta tong sehari (10% daripada jumlah keluaran dunia) untuk bulan Mei dan Jun.

Harga minyak ditentukan oleh supply dan demand, kalau harga jatuh sebab demand jatuh, maka negara-negara pengeluar minyak volunteer untuk cut supply supaya naikkan harga balik.

Tapi apa pun, berita minyak negatif ni adalah good reminder bahawa "the era of oil is coming to an end".

Dan untuk tahun-tahun akan datang, "cheap oil" akan jadi "new normal".

Akan ada banyak syarikat-syarikat minyak kecil yang lingkup setahun dua ni dan dibeli oleh syarikat-syarikat besar.

Macam dulu pasaran minyak dikuasai oleh "Seven Sisters" (BP, Shell, SoCal, Gulf Oil, Texaco, Exxon, Mobil), selepas kejatuhan harga minyak 1980-an tinggal jadi Four Sisters saja: SoCal, Gulf Oil dan Texaco bergabung jadi Chevron (pemilik Caltex), Exxon dan Mobil bergabung jadi ExxonMobil (pemilik Esso).

Dulu harga minyak mahal sebab minyak dulu scarce resources. US sampai nak berperang dengan Iraq untuk dapatkan stok minyak. Now korang bagi minyak free kat US pun belum tentu diorang nak. Lambakan minyak tu yang jadi harga negatif tu.

Sejak zaman Obama (2009-2017), US mula menghasilkan shale oil untuk ganti pergantungan kepada minyak petroleum, dan sekarang US adalah pengeluar minyak terbesar di dunia. Shale oil ni punya supply almost limitless, tak macam petroleum sekali gali habis. So basically harga minyak tak akan kembali ke zaman kegemilangannya lagi.

Sebab tu Saudi semua kena longgarkan cara hidup konservatif diorang untuk tarik pelaburan asing.

Brunei pun mula kena berfikir pasal "diversification" (pempelbagaian) ekonomi. "Oil is a curse". Kebergantungan kepada minyak bukan saja lambatkan negara jadi negara industri jadi negarta maju, malah ia akan menggugat kelangsungan hidup negara di zaman new normal.

Posted by marlboroman2 > 2020-04-22 17:24 | Report Abuse

Azrb's revenue is maybe constituted as 90% construction, 8% oil & gas and 2% property, plantation, etc.

Under their O&G segment, they are retailers supplying marine vessel fuel & oil products (like a petrol station)

Posted by marlboroman2 > 2020-04-22 18:54 | Report Abuse

or more correctly they provide bunkering services that encompasses more than just marine fuel at Tok Bali which in turn caters to the Oil exploration services at the North Malay Basin (aka Gulf of Thailand)

Posted by marlboroman2 > 2020-04-22 19:00 | Report Abuse

Anyway, more interestingly is the upcoming EKVE completion which provides 50 years toll concession and the ECRL sub-con contracts to be announced.

These were all planned for sometime mid of this year but because of the current crisis, it's anybody's guess now.

Nevertheless, at least got something to look forward to.

Posted by alvin5588 > 2020-04-24 11:42 | Report Abuse

after consolidate, if break 0.23 then will shoot up..

Posted by Begineer > 2020-04-24 17:15 | Report Abuse

Anyone know how much is the expected yearly income for the EKVE 50 years tol consession?

Posted by Post2U > 2020-04-28 09:18 | Report Abuse

Any news green today

Posted by alvin5588 > 2020-04-28 09:27 | Report Abuse

volume suddenly up...

Posted by JK22 > 2020-04-28 21:22 | Report Abuse

It will not jerk for nothing. Tomorrow 29th APRIL . Full capacity work force allow for MITI approved operating company....

According to the Health director-general, priority to reopen operations would be given to construction and large industries first but stressed that all including the services sector would also get the opportunity.

Posted by alvin5588 > 2020-04-30 08:57 | Report Abuse

Look like to challenge resistance again..

Posted by alvin5588 > 2020-05-08 14:38 | Report Abuse

0.215 maybe is the bottom for AZRB before shoot up..

Posted by Andra KD > 2020-05-10 17:06 | Report Abuse

Collect and waiting the price to double in the next 2 months ..

Posted by Post2U > 2020-05-12 10:55 | Report Abuse

Collect more hope no long sleeping ctr

Posted by taepodong5 > 2020-05-15 22:47 | Report Abuse

still there?

Posted by mbd550066 > 2020-05-16 00:09 | Report Abuse

buy
0.30
end May

Posted by Andra KD > 2020-05-16 00:10 | Report Abuse

Next week will start the show...let's see what will happen...

Posted by SaveMsiaFromPHGov > 2020-05-17 09:37 | Report Abuse

OMG

Posted by SaveMsiaFromPHGov > 2020-05-17 09:38 | Report Abuse

Looks like gone with the wind

Posted by SaveMsiaFromPHGov > 2020-05-17 09:38 | Report Abuse

Or perhaps gone to the dogs

Posted by mbd550066 > 2020-05-18 05:50 | Report Abuse

Collect.... otway

Posted by RiverOfSilver > 2020-05-18 16:44 | Report Abuse

kaput

Posted by VLVL > 2020-05-18 17:17 | Report Abuse

PN in power. Just buy azrb. 100 percent

Posted by SaveMsiaFromPHGov > 2020-05-18 19:31 | Report Abuse

Waah

Posted by SaveMsiaFromPHGov > 2020-05-18 19:32 | Report Abuse

Man

Posted by SaveMsiaFromPHGov > 2020-05-18 19:32 | Report Abuse

Up 14.29%!!!

Posted by SaveMsiaFromPHGov > 2020-05-18 19:33 | Report Abuse

Dramatic surge in many construction stocks

Posted by SaveMsiaFromPHGov > 2020-05-18 19:34 | Report Abuse

Big surges in Gamuda & MRCB also

Posted by SaveMsiaFromPHGov > 2020-05-18 19:34 | Report Abuse

Well done AZRB

Posted by SaveMsiaFromPHGov > 2020-05-18 19:34 | Report Abuse

Keep surging