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 2 days ago

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.

zulmuiz

1,313 posts

Posted by zulmuiz > 2016-01-13 23:01 | Report Abuse

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.

Posted by nsyee28282828 > 2016-01-14 16:55 | Report Abuse

okay buy more shares at 62.0-63.0, to sell@1.00

SJSOON

2,576 posts

Posted by SJSOON > 2016-01-27 23:12 | Report Abuse

Profit margin is so low.

zulmuiz

1,313 posts

Posted by zulmuiz > 2016-02-02 12:58 | Report Abuse

Time will come very soon do not sit and watch when they fly we cry. Just sharing

psd57

2,314 posts

Posted by psd57 > 2016-02-14 21:35 | Report Abuse

Cash Flow problems.....Bankers not happy with the legal tussles this company has with clients

sunnygal

186 posts

Posted by sunnygal > 2016-02-19 08:46 | Report Abuse

watch out

Investeye

2,347 posts

Posted by Investeye > 2016-02-22 14:23 | Report Abuse

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.

Investeye

2,347 posts

Posted by Investeye > 2016-02-22 18:24 | Report Abuse

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.

Investeye

2,347 posts

Posted by Investeye > 2016-02-26 14:20 | Report Abuse

Good Q Result... see how the share will perform..

Investeye

2,347 posts

Posted by Investeye > 2016-02-26 20:19 | Report Abuse

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.

Ibi_chan

455 posts

Posted by Ibi_chan > 2016-02-28 14:18 | Report Abuse

4Q2015 is not that impressive. Just wondering, whats the TP going to be in yr 2016?

Investeye

2,347 posts

Posted by Investeye > 2016-02-29 16:12 | Report Abuse

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

Investeye

2,347 posts

Posted by Investeye > 2016-03-07 20:35 | Report Abuse

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.

Investeye

2,347 posts

Posted by Investeye > 2016-03-14 11:28 | Report Abuse

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.

Investeye

2,347 posts

Posted by Investeye > 2016-03-16 14:41 | Report Abuse

Hopefully my back horse will run very soon..

Investeye

2,347 posts

Posted by Investeye > 2016-03-17 21:44 | Report Abuse

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.

Investeye

2,347 posts

Posted by Investeye > 2016-03-18 12:15 | Report Abuse

More up trend if secure some project in mrt2..

Investeye

2,347 posts

Posted by Investeye > 2016-03-21 15:45 | Report Abuse

More to come?..

Investeye

2,347 posts

Posted by Investeye > 2016-03-21 21:36 | Report Abuse

Will more over rm0.70 is just matter of time...

Posted by nsyee28282828 > 2016-03-22 17:26 | Report Abuse

momentum slow, can take profits since it up from 58.0-58.5

Posted by nsyee28282828 > 2016-03-22 17:27 | Report Abuse

can hold for long term since company secured contracts and earning improving

Posted by nsyee28282828 > 2016-03-22 17:28 | Report Abuse

broker house yet to cover this stock

Investeye

2,347 posts

Posted by Investeye > 2016-03-22 21:20 | Report Abuse

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++

crystal168

1,663 posts

Posted by crystal168 > 2016-03-23 08:16 | Report Abuse

thanks for sharing

"mwong3 >>> http://klse.i3investor.com/blogs/KLSETA/93546.jsp
22/03/2016 23:14"

crystal168

1,663 posts

Posted by crystal168 > 2016-03-23 15:10 | Report Abuse

thanks for the info

"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"

crystal168

1,663 posts

Posted by crystal168 > 2016-03-23 16:39 | Report Abuse

close above 0.705 is excellent

Investeye

2,347 posts

Posted by Investeye > 2016-03-24 09:22 | Report Abuse

I expect to move higher..

crystal168

1,663 posts

Posted by crystal168 > 2016-03-24 12:08 | Report Abuse

thanks for the updates

"Investeye >>> I expect to move higher..
24/03/2016 09:22"

Paklong

110 posts

Posted by Paklong > 2016-03-24 20:33 | Report Abuse

good news coming

crystal168

1,663 posts

Posted by crystal168 > 2016-03-24 22:42 | Report Abuse

noted with thanks

"Paklong >>> good news coming
24/03/2016 20:33"

crystal168

1,663 posts

Posted by crystal168 > 2016-03-24 22:46 | Report Abuse

Thursday, 24 Mar 2016

AZRB

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

crystal168

1,663 posts

Posted by crystal168 > 2016-03-24 22:56 | Report Abuse

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

2. Tan Sri Dato' Lau Yin Pin @ Lau Yen Beng

3. Datuk (Prof) A Rahman @ Omar bin Abdullah



This announcement is dated 24 March 2016.

crystal168

1,663 posts

Posted by crystal168 > 2016-03-25 09:06 | Report Abuse

.

Posted by chiongster1234 > 2016-03-25 09:55 | Report Abuse

congrats you crystal :)

crystal168

1,663 posts

Posted by crystal168 > 2016-03-25 09:59 | Report Abuse

Hi chiongster1234

u r here now

crystal168

1,663 posts

Posted by crystal168 > 2016-03-25 10:02 | Report Abuse

Congratulations chiongster1234

angct1028

466 posts

Posted by angct1028 > 2016-03-25 10:15 | Report Abuse

Start brewing...watch out the show...

Paklong

110 posts

Posted by Paklong > 2016-03-25 10:22 | Report Abuse

show start

crystal168

1,663 posts

Posted by crystal168 > 2016-03-25 10:30 | Report Abuse

okay

will fasten my seat belt

"Paklong >>> show start
25/03/2016 10:22"

Diven Teh

3,892 posts

Posted by Diven Teh > 2016-03-25 11:17 | Report Abuse

game over kot

VinTan

157 posts

Posted by VinTan > 2016-03-25 11:36 | Report Abuse

long way to go

Posted by hionghiongki > 2016-03-25 12:04 | Report Abuse

mrt2 project awarded

nickyeo55

1,092 posts

Posted by nickyeo55 > 2016-03-25 12:08 | Report Abuse

so any target price ?

VinTan

157 posts

Posted by VinTan > 2016-03-25 12:26 | Report Abuse

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.

angct1028

466 posts

Posted by angct1028 > 2016-03-25 12:28 | Report Abuse

TP is RM 1.48 according to Star Business today...

Posted by Johnsonwong > 2016-03-25 12:47 | Report Abuse

Look into STEEL supplier counter like CSCSTEL,MASTEEL,ANJOO. MRT project need huge tonnes of STEEL

sunnygal

186 posts

Posted by sunnygal > 2016-03-25 12:55 | Report Abuse

go warrant..target 35 sen

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