AHMAD ZAKI RESOURCES BHD

KLSE (MYR): AZRB (7078)

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Last Price

0.22

Today's Change

-0.005 (2.22%)

Day's Change

0.22 - 0.23

Trading Volume

442,000


12 people like this.

8,224 comment(s). Last comment by pineapple 5 days ago

cktay

306 posts

Posted by cktay > 2023-07-04 00:09 | Report Abuse

First let’s recap a little about the EKVE (East Klang Valley Expressway)
EKVE is the eastern part of the KLORR (KL Outer Ring Road), the equivalent of the Guthrie Corridor Expy and ELITE in the west.
It is a concession own by AZRB for a period of 50 years!
As reported in the Edge 6th Mar 23, EKVE 91% completed, to be opened in stages in 2024, says the Works Ministry
The southern part of the KLORR is SKVE and SILK which it connects to in a ring.
Analyze this map https://www.ekve.com.my/overall-klorr-map to understand.
EKVE is built on green land hence it was budgeted at only a cost or RM1.5b compared to say SUKE (RM5.7b)

cktay

306 posts

Posted by cktay > 2023-07-04 00:10 | Report Abuse

There was not much fanfare when it was announced (which is actually good.)
Gov’t approves three highway projects in Klang Valley – PJD Link, Putrajaya-Bangi expressway and KL NODE - 24th May 2022
https://paultan.org/2022/05/24/govt-approves-three-highway-projects-in-klang-valley-pjd-link-putrajaya-bangi-expressway-and-kl-node/

cktay

306 posts

Posted by cktay > 2023-07-04 00:11 | Report Abuse

Of interest to AZRB is “KL Node or Kuala Lumpur Northern Dispersal Expressway”
This highway is described as the final link in the grand plan of the KL Outer Ring Road System to connect the KL-Kuala Selangor Expressway (Latar) and East Klang Valley Expressway (EKVE).
A works ministry spokesman stated, “The KL Node project, expected to take off in 2024, will connect the existing alternative highway networks and disperse traffic on the outskirts and reduce the traffic congestion in the capital city.”
This new toll highway will span 24km and will be elevated along 83 percent of the route. The proponent of the KL NODE highway will be Sambungan Lebuhraya Timur Sdn bhd (SLT).
The KL NODE will run from Hulu Kelang to the Melawati and Melati Housing Estates, Gombak, Selayang Heights and end near Kanching Eco Forest Park.
This new toll highway is also projected to pass through areas including hills, residential areas and villages,of course, this is still subject to final approval though so take it with a pinch of salt. The areas included are listed below:
· Entry/exit points of EKVE near Masjid Al Ridhuan, Hulu Kelang;
· Kampung Pasir, Hulu Kelang (MRR2);
· Taman Melawati and Taman Permata (MRR2);
· Kg Klang Gate and Wangsa Melawati (MRR2);
· Desa Melawati, KL East and Taman Melati (MRR2);
· Gombak Integrated Transport Terminal (MRR2);
· Kampung Sungai Chinchin, Gombak;
· Seri Gombak;
· Kampung Sungai Tua;
· Taman Selayang Mutiara;
· Selayang Heights;
· Jalan KL-Ipoh (FR01); and
· Entry/exit points of Latar near the Kanching Eco Forest Park.

cktay

306 posts

Posted by cktay > 2023-07-04 00:12 | Report Abuse

Why is KL Node important?
Because it is the last part of the KLORR.
This means it will connect to the West Coast expressway (GCE/IJM) to the west and NorthSouth Expressway to the north (via LATAR). It will also connect to the old Ipoh Road northwards.
To the East, it connects to the Karak Highway.
https://www.freemalaysiatoday.com/category/nation/2022/07/25/new-highway-proposed-to-connect-klang-valleys-east-and-north/
SLT is a wholly-owned subsidiary of AZRB
https://malaysiastock.biz/Company-Announcement.aspx?id=1021860
KL Node’s project proponent is Sambungan Lebuhraya Timur Sdn Bhd (SLT), based at Menara AZRB, the same building as EKVE Sdn Bhd, the concessionaire for the East Klang Valley Expressway.

pinetree88

332 posts

Posted by pinetree88 > 2023-07-05 09:11 | Report Abuse

Got in Zaki ytd closing 0.25. What u guys think target sell price?

pinetree88

332 posts

Posted by pinetree88 > 2023-07-05 13:25 | Report Abuse

Managed to sell zaki at 0.255 to earn kopi money as today can't sustain up momentum.

wahidul

269 posts

Posted by wahidul > 2023-07-05 16:04 | Report Abuse

strong rebound

wahidul

269 posts

Posted by wahidul > 2023-07-06 20:40 | Report Abuse

new projects coming soon

wahidul

269 posts

Posted by wahidul > 2023-07-07 17:50 | Report Abuse

good closing today,looking forward to Monday’s performance

Posted by wongcheehui83 > 2023-07-08 18:50 | Report Abuse

moday will pull back. mine average buy price on friday is 0.245 and sell at o.25. monday will come back on 0.25

wahidul

269 posts

Posted by wahidul > 2023-07-08 22:27 | Report Abuse

this stock can hold at least EKVE completed,will keep rising

Posted by wongcheehui83 > 2023-07-09 18:03 | Report Abuse

yes.... highway concession is 100% profit guarantee

Posted by wongcheehui83 > 2023-07-10 12:38 | Report Abuse

pull back now

Posted by wongcheehui83 > 2023-07-10 14:58 | Report Abuse

wow. great pull back

enshrouded

116 posts

Posted by enshrouded > 2023-07-11 09:23 | Report Abuse

retracement almost done , it should go above 0.245

Posted by nasrulfahmi > 2023-07-11 09:54 | Report Abuse

looks good

wahidul

269 posts

Posted by wahidul > 2023-07-11 11:54 | Report Abuse

ON THE RISE

TokAbah

1,205 posts

Posted by TokAbah > 2023-07-11 15:57 | Report Abuse

NTA shd ve above 30sen lorr

Posted by de_yangtulor > 2023-07-11 19:38 | Report Abuse

Wil LU soon

wahidul

269 posts

Posted by wahidul > 2023-07-12 10:56 | Report Abuse

27 wall broken

Posted by nasrulfahmi > 2023-07-12 14:56 | Report Abuse

aduh...any gud news

Posted by de_investor > 2023-07-12 16:10 | Report Abuse

fly in waiting for LU

Posted by nasrulfahmi > 2023-07-13 09:21 | Report Abuse

boleh touch 30 sen?

wahidul

269 posts

Posted by wahidul > 2023-07-13 09:50 | Report Abuse

correction a little

Posted by confidential > 2023-07-13 10:50 | Report Abuse

poor shark, Q buy a lot but cancel Q then sell down so less haha. Opening Q buy limit up price but can't even reach 30sen now. now

Posted by Leong Wai Hou > 2023-07-13 11:56 | Report Abuse

a huge sell lot 0.27, some one try to make it price low

Posted by nasrulfahmi > 2023-07-13 12:46 | Report Abuse

adoiiiii

willc48

722 posts

Posted by willc48 > 2023-07-13 13:47 | Report Abuse

hutang sini sana also people buy?

Posted by Leong Wai Hou > 2023-07-13 14:15 | Report Abuse

Same as sapura energy 😅😅😅

Posted by de_yangtulor > 2023-07-13 21:41 | Report Abuse

2 moro....wil break new high again..uptrend mode

Posted by nasrulfahmi > 2023-07-14 07:19 | Report Abuse

wallaaweiii

Posted by wongcheehui83 > 2023-07-14 11:02 | Report Abuse

0.28, 0.275 and 0.27 i buy ald..... overall 13,000 unit

Posted by wongcheehui83 > 2023-07-14 12:09 | Report Abuse

and 0.265.... overall 15,000 unit

Posted by wongcheehui83 > 2023-07-14 18:29 | Report Abuse

de yang tulor. today down ler

Posted by wongcheehui83 > 2023-07-16 14:56 | Report Abuse

kalau bukan ada highway.... tk kan ada org layan

Posted by de_yangtulor > 2023-07-16 20:38 | Report Abuse

Be patient.....don.mis a boat

TokAbah

1,205 posts

Posted by TokAbah > 2023-07-16 20:54 | Report Abuse

My next level entry price will be 25sen and below.

Posted by Leong Wai Hou > 2023-07-16 22:24 | Report Abuse

Noted

Posted by wongcheehui83 > 2023-07-17 15:59 | Report Abuse

0.25 min

Posted by wongcheehui83 > 2023-07-17 15:59 | Report Abuse

miss out then regret

Posted by wongcheehui83 > 2023-07-17 16:44 | Report Abuse

2 days drop. let see tmr

Posted by de_yangtulor > 2023-07-17 21:06 | Report Abuse

Should be LU soon...

wakarimas

1,043 posts

Posted by wakarimas > 2023-07-17 21:21 | Report Abuse

at ema9 now, support area. Tomorrow push up up up

Posted by wongcheehui83 > 2023-07-17 23:52 | Report Abuse

LU means?

Hemsley

341 posts

Posted by Hemsley > 2023-07-18 10:58 | Report Abuse

EKVE good? Some said there are many roads there so not necessary need EKVE?

Posted by wongcheehui83 > 2023-07-18 11:17 | Report Abuse

for thus from kajang side lo

Posted by wongcheehui83 > 2023-07-18 15:14 | Report Abuse

vrooom..... 0.30 today

Posted by nasrulfahmi > 2023-07-18 15:22 | Report Abuse

really?

CHWong

163 posts

Posted by CHWong > 2023-07-18 16:58 | Report Abuse

no la... may be this week for 0.30 if break 0.28

CHWong

163 posts

Posted by CHWong > 2023-07-18 16:59 | Report Abuse

majority buying today at 0.27

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