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 1 day ago

john doe

749 posts

Posted by john doe > 2018-08-13 20:23 | Report Abuse

No, not yet. Today is a global and market sad day... unless it drop below 0.495

kkl123

1,505 posts

Posted by kkl123 > 2018-08-13 20:31 | Report Abuse

game just started.tolls confirmed not taken over by goverment fr to night news.

kkl123

1,505 posts

Posted by kkl123 > 2018-08-13 20:35 | Report Abuse

EKVE TOLL will be opened collect money by end of next year.ABOVE RM 1.

Ooi Teik Bee

11,572 posts

Posted by Ooi Teik Bee > 2018-08-13 20:36 |

Post removed.Why?

Posted by Nicholasming91 > 2018-08-13 21:50 | Report Abuse

Maybe u should spend ur time driving across sungai long , hulu langat to see the complexity of building the highway, then u will understand . Yes other big companies would do it , but they wouldnt waste their workers on building a highway that doesnt benefit much to them. Small companies is the choice for them

GoodBoy

6,594 posts

Posted by GoodBoy > 2018-08-13 22:04 | Report Abuse

Whether we like it or not, AZRB is a bumi contractor ... Under PH government, priority will be given to bumi contractors, even though no more mega project but there would be more smaller projects coming ... AZRB palm oil plantation is turning around n profitable, toll road is completing by next year n starts collecting money n other biz are picking up n contributing positively ...

lksiam

352 posts

Posted by lksiam > 2018-08-14 09:05 | Report Abuse

Dear OTB,
"...The highway stretches 27.5km from the SILK Expressway at Sungai Long, Kajang to the Middle Ring Road 2 (“MRR2”) interchange at Ukay Perdana, Ampang, with 3 other interchanges in between. The total concession is for 50 years including the construction period of 4 years..."

As long as the project will be completed within the time frame as stipulated in the contract, then the blame should not be put on AZRB. For all the inconveniences, I will rather blame the previous gov which drafted and awarded the contract. May be they wanted to reduce the cost by sacrificing construction period and rakyat's convenience...

SK1200

857 posts

Posted by SK1200 > 2018-08-14 09:37 | Report Abuse

Fast grab before late...its will shoot up to 1st TP 0.6

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-08-14 10:25 | Report Abuse

buy now and reward later

taepodong5

294 posts

Posted by taepodong5 > 2018-08-14 10:27 | Report Abuse

dead wood lah...no fresh news...zilch....

Superb99

6,604 posts

Posted by Superb99 > 2018-08-14 12:46 | Report Abuse

normally in wave 1 & 2, there is only bad news, when good news come, it will be wave 3 so buy it before wave 3 else ride on the begining of wave 3.

GoodBoy

6,594 posts

Posted by GoodBoy > 2018-08-14 16:15 | Report Abuse

AZRB would break above 1.00 ... target price 1.50 to 2.00 ...

Post1

94 posts

Posted by Post1 > 2018-08-14 16:25 | Report Abuse

Yes, accumulate now..

SK1200

857 posts

Posted by SK1200 > 2018-08-14 16:28 | Report Abuse

Positive momentum...hold tight guysss..

taepodong5

294 posts

Posted by taepodong5 > 2018-08-14 16:29 | Report Abuse

wow...someone is going to be kaya at 2.00...hope it is going to be YOU!!!

john doe

749 posts

Posted by john doe > 2018-08-14 18:00 | Report Abuse

Nowadays "target" prices are for shouting one... Anyone can call any price. hahaha....

5c0160

1,763 posts

Posted by 5c0160 > 2018-08-14 21:18 | Report Abuse

055 can throw.

GoodBoy

6,594 posts

Posted by GoodBoy > 2018-08-14 21:55 | Report Abuse

AZRB deserve a higher price of at least above 1.0 ...

GoodBoy

6,594 posts

Posted by GoodBoy > 2018-08-14 21:59 | Report Abuse

AZRB could reach 2.0 by end of 2019 ...

lksiam

352 posts

Posted by lksiam > 2018-08-15 07:36 | Report Abuse

@GoodBoy, I sincerely hope you are right. lol...

Posted by Nicholasming91 > 2018-08-15 08:43 | Report Abuse

1.5 also enough alrdy

SK1200

857 posts

Posted by SK1200 > 2018-08-15 08:55 | Report Abuse

Gap up today...

Post1

94 posts

Posted by Post1 > 2018-08-15 09:09 | Report Abuse

Foreigner buying may be Q2 good result

GoodBoy

6,594 posts

Posted by GoodBoy > 2018-08-15 09:12 | Report Abuse

AZRB could be a target of local funds ... undervalued bumi equity ...

GoodBoy

6,594 posts

Posted by GoodBoy > 2018-08-15 09:30 | Report Abuse

@IKsiam ... At current low price, just buy n keep for a few years ... a big fat profit later ... cheers ...

GoodBoy

6,594 posts

Posted by GoodBoy > 2018-08-15 09:35 | Report Abuse

One fine day, we might witness a limit up in this counter ...

Superb99

6,604 posts

Posted by Superb99 > 2018-08-17 07:19 | Report Abuse

Ya, I also waiting for another new breakout

Post1

94 posts

Posted by Post1 > 2018-08-17 09:27 | Report Abuse

Buy more make it collection for future

Superb99

6,604 posts

Posted by Superb99 > 2018-08-17 10:51 | Report Abuse

no more gas

lksiam

352 posts

Posted by lksiam > 2018-08-17 15:00 | Report Abuse

No fund, no fun...

5c0160

1,763 posts

Posted by 5c0160 > 2018-08-18 14:12 | Report Abuse

DNT play play later game over. Lowest 0.3+

Post1

94 posts

Posted by Post1 > 2018-08-20 10:40 | Report Abuse

Azrb better Q report.

kkl123

1,505 posts

Posted by kkl123 > 2018-08-20 14:20 | Report Abuse

company is keep on growing,profit 2015 12.7m 2016 22.8m 2017 28.2 m 2018 target 34m

Beltland

613 posts

Posted by Beltland > 2018-08-20 15:50 | Report Abuse

want 30+ cts, harapan disintegrated and collasped,another 509 lol.

Superb99

6,604 posts

Posted by Superb99 > 2018-08-21 10:10 | Report Abuse

please throw at 51 cents to me, i want to buy more

taepodong5

294 posts

Posted by taepodong5 > 2018-08-21 15:03 | Report Abuse

argh...dead wood...zero news from china....which are positive for this counter....expect 0.50...soon...

lksiam

352 posts

Posted by lksiam > 2018-08-21 15:16 | Report Abuse

AZRB is never about ECRL... It is the overall construction sector negative sentiment.

GoodBoy

6,594 posts

Posted by GoodBoy > 2018-08-21 15:20 | Report Abuse

AZRB not involve in ECRL project ... They will benefit from smaller infrastructure projects to be rolled out soon ...

kong73

2,065 posts

Posted by kong73 > 2018-08-21 17:48 | Report Abuse

Azrb has multiple income stream and never involve with ECRL.

5c0160

1,763 posts

Posted by 5c0160 > 2018-08-21 20:09 | Report Abuse

True?

kkl123

1,505 posts

Posted by kkl123 > 2018-08-22 08:44 | Report Abuse

q3 come out next week,last chance to buy in tomorrow,.0.510,still can get .

kkl123

1,505 posts

Posted by kkl123 > 2018-08-22 09:06 | Report Abuse

azrb drop because of EKVE toll,he is not involved inECRL.,TOLL not taken back .buy in more on tomorrow.

kkl123

1,505 posts

Posted by kkl123 > 2018-08-22 09:13 | Report Abuse

toll will open to collect money end of next year.above rm 1

Mkhlee

19 posts

Posted by Mkhlee > 2018-08-22 19:39 | Report Abuse

azrb invested a huge sum in kelantan tok bali supply base largely because it know ecrl would be built and enhance the value of tok bali supply base. now ecrl is cancel, difficult for azrb to recover the investment cost.

Mkhlee

19 posts

Posted by Mkhlee > 2018-08-22 20:52 | Report Abuse

just before ge14, azrb borrow Rm100 million for tok bali supply base

Posted by Moneymoneylai > 2018-08-22 21:09 | Report Abuse

I rather put my money in fd than this lousy counter lol

Mkhlee

19 posts

Posted by Mkhlee > 2018-08-22 22:02 | Report Abuse

Don't put high hope on ekve toll. It's not guarantee profit making. Mrcb wanted to sell it's Eastern dispersal link which incurred losses, mrcb had to inject capital to repay loan. Silk holdings berhad 's Kajang Silk highway also posted losses for years.

GoodBoy

6,594 posts

Posted by GoodBoy > 2018-08-23 00:24 | Report Abuse

AZRB's Tok Bali Kelantan n Kemaman Trengganu port are catering for oil n gas activities for local n nearby PSC services, it's getting incremental profit since 2015 ... EKVE will benefit 140,000 motorists daily from Kajang to Ampang, it's a outer ring road to bypass heavy traffic in the city, it's going to be a cash cow for AZRB ...

Mkhlee

19 posts

Posted by Mkhlee > 2018-08-23 06:13 | Report Abuse

Let's do simple math. Azrb issued Rm1 billion sukuk and borrow. Rm635 million for Ekve. Assumed 5% interest rate, one year interest would be about Rm80 million. I also assumed the total cost to build Ekve equal the loan Rm1.635 billion. 50 years concession. Yearly depreciation Rm30 million.

Mkhlee

19 posts

Posted by Mkhlee > 2018-08-23 06:16 | Report Abuse

Ekovest Duke highway toll revenue for 2016

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