Posted by taepodong5 > 2018-08-28 15:02 | Report Abuse

wow...side way...

Posted by DreamCruiser > 2018-08-28 15:16 | Report Abuse

sideways = gathering energy before soaring up

Posted by taepodong5 > 2018-08-28 15:39 | Report Abuse

ya..ya...going to rocket soon....

Posted by charles_cty > 2018-08-28 15:49 | Report Abuse

think the project will continue at the end...just in different way....Tun M will not let the project stopped just like that which involve a lot local workers in that area...


PETALING JAYA (Aug 28): Tun Dr Mahathir Mohamad said other parties have offered to build the East Coast Rail Link (ECRL) for as low as RM10 billion, a stark contrast to the current RM55 billion price tag.

Malaysia and China have been negotiating the current amount, reported The Malaysian Insight (TMI), who quoted the prime minister as saying that Putrajaya will definitely consider the cheaper alternatives.

“Some even said they can do the ECRL for RM10 billion instead of RM55 billion. Some are Chinese companies, some are local companies.

“We have to talk with them if there is a possibility of reducing the cost from RM55 billion to RM10 billion. We would be stupid not to accept.

“But we have to study whether in fact you can reduce the cost that much,” Dr Mahathir said to TMI.

“Paying RM55 billion for something that the highest estimate is only RM30 billion would not be good for our financial health.”

Referring to his talks with China on the matter, he told the news portal that he had explained that the government had no money, and could not afford the projects.

“We either have to cancel the (ECRL) project or to defer it or to reduce the cost, that is what we want to do.

“The details of all these things must be done at the official level.

“For me, I had only said it in principle, we have no money and we have to cancel or defer, or reduce cost.”

Dr Mahathir has also said former prime minister Datuk Seri Najib Razak had entered into lopsided contracts with China.

“Unlike all other contracts, instead of paying based on work done, they paid according to a timetable.

“And we have found that the work done was only 13% but we already paid 39%. What do we get from the extra money that had been spent? This has got to be negotiated.”

Najib replied on Thursday, by asking for Dr Mahathir to make public all agreements on the project, and to set up a royal commision of inquiry into the projects.

Dr Mahathir did not see a reason to comply with Najib’s requests.

Speaking to TMI, Dr Mahathir said: “RCI doesn’t solve anything. It is just meant to point fingers and the fingers are pointed at him (Najib).

“There is no need for an RCI. He is the perpetrator, we wouldn’t have this problem if Najib wasn’t the prime minister.”

Posted by Superb99 > 2018-08-28 17:32 | Report Abuse

this counter keeps breaking supports, beware...

Posted by DreamConqueror > 2018-08-28 19:16 | Report Abuse

Posted by charles_cty > Aug 28, 2018 03:49 PM | Report Abuse
__________________________________________________________________

Dr Mahathir has also said former prime minister Datuk Seri Najib Razak had entered into lopsided contracts with China.

“Unlike all other contracts, instead of paying based on work done, they paid according to a timetable.

“And we have found that the work done was only 13% but we already paid 39%. What do we get from the extra money that had been spent? This has got to be negotiated.”

Najib replied on Thursday, by asking for Dr Mahathir to make public all agreements on the project, and to set up a royal commision of inquiry into the projects.

Dr Mahathir did not see a reason to comply with Najib’s requests.

Speaking to TMI, Dr Mahathir said: “RCI doesn’t solve anything. It is just meant to point fingers and the fingers are pointed at him (Najib).

“There is no need for an RCI. He is the perpetrator, we wouldn’t have this problem if Najib wasn’t the prime minister.”
___________________________________________________________________

Just goes to show, what a big bullshitter this olang tua is. Ah Jib has more or less challenged him to make public all those project agreements, and set a RCI into the projects, considering that this olang tua is making such a big deal about it. But he simply refuses, choosing instead to simply continue throwing allegations at Ah Jib.

Becos he knows that a RCI will prove Ah Jib right, and him wrong.

Posted by Chan Ah Lan > 2018-08-28 20:42 | Report Abuse

Tun m now think very slow, he is old liao
Construction counter count on him now

Posted by DreamConqueror > 2018-08-28 21:03 | Report Abuse

Not slow, but sly.

Posted by DreamConqueror > 2018-08-28 21:03 | Report Abuse

As sly as an old fox.

Posted by Mkhlee > 2018-08-29 07:07 | Report Abuse

drop so much, is it poor result bomb coming, insider running?

Posted by kyzer > 2018-08-29 08:43 | Report Abuse

Pray for not break .45........

Posted by tamp0i > 2018-08-29 09:33 | Report Abuse

Support at 45cts..? This counter is considered low already and still wondering who is still dumping

Posted by Chan Ah Lan > 2018-08-29 09:44 | Report Abuse

If droped , sapu lah, can not get this price at coming future

Posted by kyzer > 2018-08-29 10:09 | Report Abuse

Wokey...... Mr. Chan Ah Lan

Posted by Mohd Fadzli > 2018-08-29 10:42 | Report Abuse

Up Up UP!!!

Posted by DreamPredator > 2018-08-29 11:10 | Report Abuse

Posted by Mkhlee > Aug 29, 2018 07:07 AM | Report Abuse

drop so much, is it poor result bomb coming, insider running?
_______________________________________________________________________

yah yah

better sell fast

sell to me at 35 lor, I buy ten truckloads from you

Posted by WealthSoWonderful > 2018-08-29 11:31 | Report Abuse

Good analysis, DreamCommander.

Posted by DreamCommander > Aug 28, 2018 10:51 AM | Report Abuse

Market only waiting for official confirmation from TM that ECRL remains on track (excuse the pun). Right now, he is only gone on record saying that he is 'still thinking about it'. Come on, fellas, gotta start learning how to 'read between the lines'.

Of course he does not want to admit yet, just out of pride, that PH govt cannot afford to cancel ECRL. Becos that wud make the rakyat of Kelantan, Terengganu & Pahang all reject PH in GE15, in 2023. And rakyat of Johor wud also dump PH & shift allegiance back to BN.

Add to that also, the massive costs of compensation to be paid to China state owned contractor companies.

Ya all just be patient. Official announcement coming soon. Fairly soon.

Posted by Chan Ah Lan > 2018-08-29 13:11 | Report Abuse

I will buy in all the way down the price

Posted by varans16 > 2018-08-29 18:11 | Report Abuse

looks like today holding very well at 455

Posted by varans16 > 2018-08-29 18:12 | Report Abuse

the one dumping could the guys who caught with sapnrg

Posted by varans16 > 2018-08-29 18:12 | Report Abuse

cut azrb and pay sapnrg losses, maybe

Posted by varans16 > 2018-08-29 18:13 | Report Abuse

hope for good Q2 results

Posted by varans16 > 2018-08-29 18:13 | Report Abuse

azrb owns a lot of lands around 15 lands base on 2017 Annual report

Posted by varans16 > 2018-08-29 18:14 | Report Abuse

hope for the best

Posted by john doe > 2018-08-30 19:40 | Report Abuse

"Results of the Division were severely affected by the significant weakening of the Indonesian Rupiah against the US Dollar. This resulted in the Division recognising a significant forex loss of RM18.2 million in 6M18, versus a forex gain of RM2.4 million in the previous corresponding period."

* "Excluding forex and interest adjustments, the Division has significantly narrowed operational losses by 75.3% against the same quarter last year, and by 85.0% cumulatively."

* "After negating the impact of unrealized forex adjustments on the Group’s operating expenses, cumulative pre-tax profit improved markedly by 32.3% from last year, signifying an improvement primarily within the Engineering & Construction and Plantation Divisions."

Conclusion: going to buy more. lol...

Posted by Mokyoongseang > 2018-08-31 15:28 | Report Abuse

Bonus issue?

Posted by value88 > 2018-08-31 16:34 | Report Abuse

Apr-Jun'18 quarter earnings was impacted by huge forex loss in plantation segment as Indonesia Rupiah weaken by ~3.8% against USD. If exclude the forex loss, its core EPS is 2.3sen (reported EPS is merely 1sen).

In preceding quarter, there was also forex loss but not as much as in this quarter.
If I use core EPS (without forex loss) in Q1 & Q2 FY18 to annualise, and based on 44.5sen current stock price, it is selling at merely 4.8x PE multiple which is very cheap.

Having said so, pls take note that Indonesia Rupiah continues to weaken against USD from July till now, so we are likely to see forex loss again in Q3 earnings...I suppose this is what dragging AZRB, apart from less optimistic construction industry outlook.

Posted by taepodong5 > 2018-09-03 13:05 | Report Abuse

look attractive...again..

Posted by taepodong5 > 2018-09-03 15:51 | Report Abuse

cheaper by the days...breaking 40 sens soon....why not.

Posted by 5c0160 > 2018-09-03 20:25 | Report Abuse

game over.

Posted by Mokyoongseang > 2018-09-03 20:53 | Report Abuse

big loss, just keep for long term, what to do?

Posted by tamp0i > 2018-09-03 21:08 | Report Abuse

Not exactly game over i see it. Buy when it hits bottom...

Posted by kong73 > 2018-09-04 01:52 | Report Abuse

Dun forget that Azrb has landed additional packages worth 288million for mrt 2 in Oct 2017 in addition to their 1.44billion job for mrt2 . Another 48 mths of additional cash coming in

Posted by Post1 > 2018-09-04 08:45 | Report Abuse

Dividen 1sen and Bonus issue 1:8

Posted by taepodong5 > 2018-09-04 09:19 | Report Abuse

LGE found not guilty.....that is positive...weak rupiash good for export....take postive spin...cheer up guys...it is not 5 sen yet...stop moaning...

Posted by taepodong5 > 2018-09-04 09:20 | Report Abuse

oh...just keep buying...surely and slowly....going up.

Posted by john > 2018-09-04 10:35 | Report Abuse

when will we get dividen?

Posted by Post1 > 2018-09-04 10:49 | Report Abuse

26 Oct dividen masuk ac

Posted by Ooi Teik Bee > 2018-09-04 11:02 |

Post removed.Why?

Posted by kong73 > 2018-09-04 13:03 | Report Abuse

Waaa so fast to declare delay. Work is ongoing and is expected to complete by Sept 19 according to Mohd Khalid senior gm. Initial set back from illegal traders and environment department but shud be on track

Posted by DreamGuardian > 2018-09-04 16:13 | Report Abuse

Wely tlanspelen kompani lor, lai dat one. Wely good lor.

Posted by kkl123 > 2018-09-04 19:05 | Report Abuse

if delay one year ,still considered good performance.not many 100%bumi contractor can do ekve job,ph government loves him ,instead of punish him.

Posted by taepodong5 > 2018-09-05 16:39 | Report Abuse

melt down....run...run run...

Posted by DreamPredator > 2018-09-05 17:03 | Report Abuse

Boys run like hound. Men stay & stand their ground.

Posted by DreamPredator > 2018-09-05 17:05 |

Post removed.Why?

Posted by Want2Win > 2018-09-05 17:06 |

Post removed.Why?

Posted by taepodong5 > 2018-09-06 09:20 | Report Abuse

lari cepat......boss...37sen....

Posted by DreamCapturer > 2018-09-06 09:26 | Report Abuse

Lain olang tagut pinya yam, itu yam yuga kita bili lor. Lu lg bulum faham ini hat gah. Lu novice investor lor, klu ini maciam.

Posted by taepodong5 > 2018-09-06 11:32 | Report Abuse

argh.....apa ini...masih belum 37sens lagi....mana orang yg berani....ya..mungkin besok...37

Posted by taepodong5 > 2018-09-06 11:35 | Report Abuse

jangan bodoh macam ahmend mazelan...ram thru the toll...ok...BMW nanti koyak...