it’s H1 cy 24 pat margins dropped from cy23 of 9.2% to 5.3% . in 2021 14.7% , 10.6% 2022 . can they achieve 10% again in cy 25 & with sales projection to increase by 73% ???
nothing news..tan sri joseph was sick critically for quite some time already..had to sit on wheelchair and equipped with ventilator during listing ceremony..
tan sri had appointed alternative director to replace him even before listing,and had pass the role of MD to jonathan and ED position to jessica also,they are the one who really in charge azamjaya prior and after listing.i dont see any problem here.what happened today was expected and well prepared,and also normal progress for every listed company.
It is with heavy hearts that we share the sad news that our beloved father, Tan Sri Datuk Seri Panglima Joseph Lo @ Lo Tain Foh, has peacefully passed away this morning. He was surrounded by his Sons, Daughters and Grandchildren embraced with love and prayers and songs.
Your support and prayers during this difficult time are deeply appreciated. We will update you with further details as necessary.
Saham Azam Jaya mampu bertahan? Jika TYT bertukar Azam Jaya bakal berdepan siasatan SPRM projek 'Jalan Hantu'?
Tiada lagi bos besar di depan back up!. Saham Azam Jaya juga turun dan naik. Pengerusi meninggal dunia apakah Azam Jaya yang terlibat dengan skandal 'Jalan Hantu' bakal disiasat semula oleh SPRM melibatkan Datuk Lo Vun Che @ Jessica yang sekarang adalah Pengarah Eksekutif Azam Jaya Bhd!
- a prominent road infrastructure construction firm based in Sabah, Malaysia, operates primarily in two business segments: Construction and Property Development.
- The Construction segment focuses on infrastructure development, including roads, highways, bridges, flyovers, and tunnels, while the Property Development segment involves real estate projects.
Challenges in 2025:
1. Intense Competition:
- The Malaysian construction industry is highly competitive, with numerous established players, especially in Peninsular Malaysia.
- Azam Jaya has acknowledged this and is currently not targeting Peninsular Malaysia due to the crowded market.
2. Dependence on Government Projects:
- A significant portion of Azam Jaya's projects, such as the Pan Borneo Highway, are government-funded. Any delays in government budget allocations or project approvals could impact the company's project timelines and cash flow.
3. Operational Risks:
- The company plans to invest RM30 million by the end of 2025 to expand its fleet of construction machinery and equipment, aiming to reduce reliance on subcontractors and improve project control.
- This expansion requires substantial capital and effective management to ensure operational efficiency.
Promising Growth Prospects in 2025:
1. Government Infrastructure Spending:
- The Malaysian federal government's Budget 2025 has allocated substantial funding for Sabah's development, including RM10 billion to complete the Sabah portion of the Pan-Borneo Highway and an additional RM6.7 billion for other projects.
- This presents significant opportunities for Azam Jaya to secure new contracts and expand its project portfolio.
2. Strategic Expansion Plans:
- Azam Jaya is exploring opportunities beyond Sabah, specifically into Kalimantan, Indonesia, and potentially Sarawak.
- This geographical diversification could open new revenue streams and reduce dependence on the Sabah market.
3. Technological Advancements:
- The company plans to allocate RM2.5 million for technological upgrades, including autonomous vehicle control modules and LiDAR-equipped drones, to enhance project management and operational efficiency.
- These investments are expected to improve productivity and reduce errors, contributing to better profit margins.
4. Robust Order Book:
- As of September 20, 2024, Azam Jaya had an outstanding order book of approximately RM1.5 billion, providing earnings visibility up to 2028.
- This includes several ongoing projects, notably the Pan Borneo Highway work packages, which are expected to contribute significantly to the company's revenue in the coming years.
tut tut
In summary, while Azam Jaya faces challenges such as market competition and operational risks, the substantial government infrastructure spending, strategic expansion plans, technological advancements, and a robust order book position the company for promising growth in 2025.
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....
MoonChaser
4 posts
Posted by MoonChaser > 1 month ago | Report Abuse
BE_GREEDY their valuations are crazy high, bold calls xD