with excellent QR and furthermore with order books of contract merely RM1Bil nothing is impossible the stock prices will be better or similar to Jan 12.
Worth to look into AZRB again as the MRT Line 2 is annouced very soon. With it EKVE and Langat 2 project is kicked off this year. The plam oil price is better then previous year, it plantation should perform better then last year.
http://www.stockhut.com.my/news/99124 KUALA LUMPUR: Kwasa Land Sdn Bhd has inked a development rights deal with Ahmad Zaki Resources Bhd’s (AZRB) subsidiary to develop the R3-4 site, covering 3.91 acres of freehold land in Kwasa Damansara.
Kwasa Land managing direct or Datuk Mohd Lotfy Mohd Noh said on Monday the proposed development would consist of 188 units of 162 high-rise twin tower condominiums and 26 garden villas.
“Among the condominiums offered are dual-key units with a double volume living area, a generous master bedroom with walk-in wardrobe, an additional wet kitchen for Asian cooking and a dedicated storeroom - all highly sought-after features for high rise units,” he said.
Kwasa Land, which is the master developer, sealed the agreement with AZRB’s AZ Land & Properties Sdn Bhd which defined the scope, terms and conditions in which the right to develop the said land was handed to AZ Land.
The total Land cost tendered by AZRB was RM28.95mil or to RM170 per square foot. In addition, AZRB had offered a 10% of their gross sales value of the project as revenue sharing. The projected present value of the total return to Kwasa Land is RM44.9mil.
Mohd Lotfy and AZRB group managing director Datuk Wan Zakariah Wan Muda signed the agreement in the presence of Kwasa Land chairman Tan Sri Samsudin Osman and AZRB group chairman Raja Tan Sri Aman Raja Ahmad.
Kwasa Land, which is a unit of the Employees Provident Fund (EPF), plans to invite Tier 1 and Tier 2 developers for another three residential developments to be announced this year.
So far, Kwasa Land has called for five requests for proposals (RFPs) which are the main town centre development MX-1 for Tier 1 category, the first residential development R2-1 for Tier 2 category, the first Bumiputera development R3-2, residential developments R3-3 and R3-4 also for Bumiputera developer category.
KUALA LUMPUR (Feb 26): Ahmad Zaki Resources Bhd's net profit for its fourth quarter ended Dec 31, 2015 (4QFY15) jumped 38% to RM5.44 million or 1.13 sen per share from RM3.53 million or 0.87 sen a year earlier. In a filing to Bursa Malaysia today, the group said the better earnings were driven by higher profits contributed by joint venture entities by RM2.4 million during the quarter. Its revenue for the quarter rose 54.1% to RM229.22 million from RM166.16 million a year ago, mainly contributed by higher revenue recorded in the construction division. No dividend was declared for the current quarter under review. For its full year (FY15), net profit surged to RM22.88 million or 4.73 sen per share from RM13.51 million or 3.32 sen per share in FY14, due to higher revenue and margin recorded. Its revenue for FY15 was also higher by 8% at RM714.97 million compared to RM662.36 million a year ago, due to same reason. According to its filing with Bursa Malaysia, Ahmad Zaki said its construction division recorded RM47.9 million in revenue towards the end of the year as certain projects have shown higher progress closer to their completion stages. Moving forward, the construction outfit said its construction division's remaining order book balance as at Dec 31, 2015 stood at RM3.3 billion. "We are positive [about] our prospects of adding to and enhancing the order book," it added. It believed that the construction division will continue to give strong performance in future quarters. "The oil and gas division expects to remain steady despite the continuing prolongation of weak global oil prices and sentiments," Ahmad Zaki said. It stressed that the division also expects increasing contribution from its operations at Tok Bali Supply Base as the port continues to develop and mature. Meanwhile, it also expects the plantation division's performance to improve as yields of fresh fruit bunches are expected to continually improve. Its property division is currently planning and embarking on several residential development projects for launch in 2016. "Upon the successful launches of these projects, the property division will be expected to contribute positively to the group. As at the date of this report, the division has development projects with an estimated gross development value of RM1.4 billion," Ahmad Zaki said. "The hotel properties under the property division is also expected to contribute more from 2016 onwards with the completion of a new hotel wing at the existing Residence Inn Cherating in early 2016," it said. Shares in Ahmad Zaki were traded unchanged at 59 sen, giving it a market capitalisation of RM284.42 million.
For me, good opportunity to accumulate at present price (rm0.58) due to following: - gear up of construction activities and will be a bonus if get some job from mrt 2 by coming month - improved of plam oil price - present price is consider clise to bottom
Within these 2 weeks had accumulated some lots of AZRB rangevfrom rm0.57~rm0585. I belive with present ramps of construction activities and increase of palm oil price, AZRB will perform better this year. Present price at it bottom should get justification soon.
Price is not moving or active at present indicated the bittom of this share price, just fingers cross and wait for mrt 2 awarding.. plam oil up is a positive factor to reduce the previous lost in plantation.
KUALA LUMPUR (March 17): Peninsular Medical Sdn Bhd, a wholly-owned subsidiary of Ahmad Zaki Resources Bhd (AZRB), has clinched a RM120 million contract for the supply of equipment to the International Islamic University Malaysia Teaching Hospital in Kuantan, Pahang. In a filing with Bursa Malaysia, AZRB said Peninsular Medical received a letter of award from the International Islamic University Malaysia (IIUM) for the supply of additional equipment under group 2 and 3. The contract is expected to contribute positively to the group's future earnings and net assets, it said. Peninsular Medical had signed a 25-year concession agreement in September 2011 with the Ministry of Higher Education (MOHE) and IIUM for the design, build, lease, maintenance and transfer of the same IIUM Teaching Hospital. Under the agreement, Peninsular Medical is expected to maintain the hospital for 21½ years. MOHE and IIUM would pay Peninsular Medical for the construction cost and maintenance services of the hospital in the form of monthly availability charges and asset management services charges.
At least wait for mrt2... quite some positive growth from AZRB. Construction activities on uptrend, plantation expect to be much better shape, others subsidaries also perform better. Should back to abovr rm0.70++
"Investeye >>> At least wait for mrt2... quite some positive growth from AZRB. Construction activities on uptrend, plantation expect to be much better shape, others subsidaries also perform better. Should back to abovr rm0.70++ 22/03/2016 21:20"
17:35:36 W ZULKIFLI BIN HAJI W MUDA (70,000 units Acquired) 17:36:36 Change in Nomination Committee 17:36:36 DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) 17:37:06 OTHERS
The Board of Directors of Ahmad Zaki Resources Berhad (“AZRB” or “the Company”) wishes to announce that with the objective to streamline the various Board Committees in AZRB, the Audit Committee and Board Risk Committee of AZRB will be integrated to be known as “Audit and Risk Committee” with immediate effect.
The composition of the Audit and Risk Committee is as follows:-
1. Raja Tan Sri Dato' Seri Aman bin Raja Haji Ahmad - Chairman
KUALA LUMPUR: Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) has awarded the first viaduct work package for the MRT Sungai Buloh-Serdang-Putrajaya (SSP) Line to to Ahmad Zaki Resources Bhd's unit.
It said on Friday the work package V202 involved the viaduct guideway and other works for a 4.5km stretch of the SSP Line elevated guideway from Persiaran Dagang to Jinjang, Kuala Lumpur.
“The contract sum for the work package is RM1.44bil,” it said.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
zulmuiz
1,313 posts
Posted by zulmuiz > 2016-01-13 22:12 | Report Abuse
Just for sharing. Tomorrow onward AZRB under radar.again. early entry better than last.