ZELAN BHD
KLSE (MYR): ZELAN (2283)
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Last Price
0.04
Today's Change
0.00 (0.00%)
Day's Change
0.035 - 0.04
Trading Volume
1,373,100
Financial
Market Cap
34 Million
NOSH
845 Million
Latest Quarter
30-Sep-2024 [#3]
Announcement Date
14-Nov-2024
Next Quarter
31-Dec-2024
Est. Ann. Date
28-Feb-2025
Est. Ann. Due Date
01-Mar-2025
QoQ | YoY
-2,412.51% | -16,647.66%
Revenue | NP to SH
42,768.000 | 32,689.000
RPS | P/RPS
5.06 Cent | 0.79
EPS | P/E | EY
3.87 Cent | 1.03 | 96.72%
DPS | DY | Payout %
0.00 Cent | 0.00% | 0.00%
NAPS | P/NAPS
0.18 | 0.22
QoQ | YoY
-39.46% | 1174.24%
NP Margin | ROE
76.34% | 21.49%
F.Y. | Ann. Date
30-Sep-2024 | 14-Nov-2024
Latest Audited Result
31-Dec-2023
Announcement Date
30-Apr-2024
Next Audited Result
31-Dec-2024
Est. Ann. Date
30-Apr-2025
Est. Ann. Due Date
29-Jun-2025
Revenue | NP to SH
36,224.000 | 65,569.000
RPS | P/RPS
4.29 Cent | 0.93
EPS | P/E | EY
7.76 Cent | 0.52 | 194.01%
DPS | DY | Payout %
0.00 Cent | 0.00% | 0.00%
NAPS | P/NAPS
0.18 | 0.22
YoY
1271.5%
NP Margin | ROE
181.06% | 43.11%
F.Y. | Ann. Date
31-Dec-2023 | 29-Feb-2024
Revenue | NP to SH
43,534.666 | -21,920.000
RPS | P/RPS
5.15 Cent | 0.78
EPS | P/E | EY
-2.59 Cent | -1.54 | -64.86%
DPS | DY | Payout %
-
NAPS | P/NAPS
-
QoQ | YoY
-319.33% | -200.0%
NP Margin | ROE
-50.45% | -14.41%
F.Y. | Ann. Date
30-Sep-2024 | 14-Nov-2024
Show?
| Last 10 FY Result | ||||||||||||||
| AQR | T4Q | 31/12/23 | 31/12/22 | 31/12/21 | 31/12/20 | 31/12/19 | 31/12/18 | 31/12/17 | 31/12/16 | 31/12/15 | 31/12/14 | CAGR | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 43,534 | 42,768 | 36,224 | 45,438 | 46,448 | 51,929 | 80,765 | 85,056 | 71,070 | 222,373 | 409,098 | 210,966 | -17.77% | |
| PBT | -18,048 | 35,548 | 68,793 | -2,924 | 7,187 | 41,052 | 5,548 | -7,374 | -64,838 | -67,654 | 18,820 | 49,866 | 3.63% | |
| Tax | -3,913 | -2,899 | -3,206 | -2,687 | -3,341 | -5,744 | -2,849 | -3,083 | -2,718 | -578 | 11,699 | -8,712 | -10.50% | |
| NP | -21,961 | 32,649 | 65,587 | -5,611 | 3,846 | 35,308 | 2,699 | -10,457 | -67,556 | -68,232 | 30,519 | 41,154 | 5.31% | |
| - | ||||||||||||||
| NP to SH | -21,920 | 32,689 | 65,569 | -5,597 | 3,839 | 35,318 | 2,661 | -10,446 | -67,519 | -68,251 | 30,487 | 41,175 | 5.30% | |
| - | ||||||||||||||
| Tax Rate | - | 8.16% | 4.66% | - | 46.49% | 13.99% | 51.35% | - | - | - | -62.16% | 17.47% | - | |
| Total Cost | 65,495 | 10,119 | -29,363 | 51,049 | 42,602 | 16,621 | 78,066 | 95,513 | 138,626 | 290,605 | 378,579 | 169,812 | - | |
| - | ||||||||||||||
| Net Worth | 152,081 | 152,081 | 152,081 | 84,489 | 92,938 | 84,492 | 50,695 | 59,142 | 76,040 | 135,150 | 202,774 | 177,551 | -1.70% | |
| Equity | ||||||||||||||
| AQR | T4Q | 31/12/23 | 31/12/22 | 31/12/21 | 31/12/20 | 31/12/19 | 31/12/18 | 31/12/17 | 31/12/16 | 31/12/15 | 31/12/14 | CAGR | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Worth | 152,081 | 152,081 | 152,081 | 84,489 | 92,938 | 84,492 | 50,695 | 59,142 | 76,040 | 135,150 | 202,774 | 177,551 | -1.70% | |
| NOSH | 844,920 | 844,920 | 844,920 | 844,920 | 844,920 | 844,920 | 844,920 | 844,895 | 844,895 | 844,895 | 844,895 | 844,895 | 0.00% | |
| Ratio Analysis | ||||||||||||||
| AQR | T4Q | 31/12/23 | 31/12/22 | 31/12/21 | 31/12/20 | 31/12/19 | 31/12/18 | 31/12/17 | 31/12/16 | 31/12/15 | 31/12/14 | CAGR | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NP Margin | -50.45% | 76.34% | 181.06% | -12.35% | 8.28% | 67.99% | 3.34% | -12.29% | -95.06% | -30.68% | 7.46% | 19.51% | - | |
| ROE | -14.41% | 21.49% | 43.11% | -6.62% | 4.13% | 41.80% | 5.25% | -17.66% | -88.79% | -50.50% | 15.03% | 23.19% | - | |
| Per Share | ||||||||||||||
| AQR | T4Q | 31/12/23 | 31/12/22 | 31/12/21 | 31/12/20 | 31/12/19 | 31/12/18 | 31/12/17 | 31/12/16 | 31/12/15 | 31/12/14 | CAGR | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RPS | 5.15 | 5.06 | 4.29 | 5.38 | 5.50 | 6.15 | 9.56 | 10.07 | 8.41 | 26.33 | 48.42 | 24.95 | -17.75% | |
| EPS | -2.60 | 3.87 | 7.76 | -0.66 | 0.45 | 4.18 | 0.31 | -1.24 | -7.99 | -8.08 | 3.61 | 4.87 | 5.30% | |
| DPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - | |
| NAPS | 0.18 | 0.18 | 0.18 | 0.10 | 0.11 | 0.10 | 0.06 | 0.07 | 0.09 | 0.16 | 0.24 | 0.21 | -1.69% | |
| Adjusted Per Share Value based on latest NOSH - 844,920 | ||||||||||||||
| AQR | T4Q | 31/12/23 | 31/12/22 | 31/12/21 | 31/12/20 | 31/12/19 | 31/12/18 | 31/12/17 | 31/12/16 | 31/12/15 | 31/12/14 | CAGR | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RPS | 5.15 | 5.06 | 4.29 | 5.38 | 5.50 | 6.15 | 9.56 | 10.07 | 8.41 | 26.32 | 48.42 | 24.97 | -17.76% | |
| EPS | -2.59 | 3.87 | 7.76 | -0.66 | 0.45 | 4.18 | 0.31 | -1.24 | -7.99 | -8.08 | 3.61 | 4.87 | 5.30% | |
| DPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - | |
| NAPS | 0.18 | 0.18 | 0.18 | 0.10 | 0.11 | 0.10 | 0.06 | 0.07 | 0.09 | 0.16 | 0.24 | 0.2101 | -1.70% | |
| Price Multiplier on Financial Quarter End Date | ||||||||||||||
| AQR | T4Q | 31/12/23 | 31/12/22 | 31/12/21 | 31/12/20 | 31/12/19 | 31/12/18 | 31/12/17 | 31/12/16 | 31/12/15 | 31/12/14 | CAGR | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Date | 30/09/24 | 30/09/24 | 29/12/23 | 30/12/22 | 31/12/21 | 31/12/20 | 31/12/19 | 31/12/18 | 29/12/17 | 30/12/16 | 31/12/15 | 31/12/14 | - | |
| Price | 0.055 | 0.055 | 0.08 | 0.07 | 0.08 | 0.115 | 0.085 | 0.025 | 0.105 | 0.12 | 0.245 | 0.265 | - | |
| P/RPS | 1.07 | 1.09 | 1.87 | 1.30 | 1.46 | 1.87 | 0.89 | 0.25 | 1.25 | 0.45 | 0.51 | 0.78 | 10.19% | |
| P/EPS | -2.12 | 1.42 | 1.03 | -10.57 | 17.61 | 2.75 | 26.99 | -2.02 | -1.31 | -1.50 | 6.79 | 4.56 | -15.22% | |
| EY | -47.17 | 70.35 | 97.01 | -9.46 | 5.68 | 36.35 | 3.71 | -49.45 | -76.11 | -66.71 | 14.73 | 21.93 | 17.95% | |
| DY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - | |
| P/NAPS | 0.31 | 0.31 | 0.44 | 0.70 | 0.73 | 1.15 | 1.42 | 0.36 | 1.17 | 0.75 | 1.02 | 1.26 | -11.02% | |
| Price Multiplier on Announcement Date | ||||||||||||||
| AQR | T4Q | 31/12/23 | 31/12/22 | 31/12/21 | 31/12/20 | 31/12/19 | 31/12/18 | 31/12/17 | 31/12/16 | 31/12/15 | 31/12/14 | CAGR | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Date | 14/11/24 | 14/11/24 | 29/02/24 | 28/02/23 | 28/02/22 | 06/04/21 | 28/02/20 | 28/02/19 | 19/02/18 | 20/02/17 | 19/02/16 | 23/02/15 | - | |
| Price | 0.04 | 0.04 | 0.05 | 0.07 | 0.075 | 0.12 | 0.07 | 0.055 | 0.125 | 0.15 | 0.245 | 0.34 | - | |
| P/RPS | 0.78 | 0.79 | 1.17 | 1.30 | 1.36 | 1.95 | 0.73 | 0.55 | 1.49 | 0.57 | 0.51 | 1.00 | 1.75% | |
| P/EPS | -1.54 | 1.03 | 0.64 | -10.57 | 16.51 | 2.87 | 22.23 | -4.45 | -1.56 | -1.87 | 6.79 | 5.85 | -21.78% | |
| EY | -64.86 | 96.73 | 155.21 | -9.46 | 6.06 | 34.83 | 4.50 | -22.48 | -63.93 | -53.37 | 14.73 | 17.09 | 27.76% | |
| DY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - | |
| P/NAPS | 0.22 | 0.22 | 0.28 | 0.70 | 0.68 | 1.20 | 1.17 | 0.79 | 1.39 | 0.94 | 1.02 | 1.62 | -17.71% | |
PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.
NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.
Div Payout %, NP Margin, ROE, DY, QoQ ⃤ & YoY ⃤ figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.
All figures in '000 unless specified.
Discussions
19 people like this. Showing 50 of 7,157 comments
Peram dulu. Holding it tightly. Add more if the price drop to 5 sen and below.
2024-05-20 23:30
I continue added when it 0.055 to average down. I keyed 0.05 long time cannot match. Just paid another 0.005 lor. I kept this share long long time already.
2024-05-22 15:32
@LY Hoh. Yes. Agree. Especially for those who want to play for midterm investment.
I'm a newcomer here. Bought some @6 and 6.5 sen.
2024-05-22 20:36
The incoming QR1 2024 at the end of this month... Hope will see a good results...
2024-05-24 20:22
Today finally Zelan started got movement....please continue as last QR on 29th May 2024 also very good. Move out from PN17 soon....
2024-06-10 11:46
I am glad to digest this reports. Tayor.
......On 2 May 2024, Bursa Securities granted an extension of time of six (6) months up to 31 October 2024 to submit its regularisation plan to the relevant regulatory authorities. The Group is in the process of formulating the Proposed Regularisation Plan for submission.
----The Group is in the midst of evaluating and formulating its proposed regularisation plan to streamline its financial conditions and improve the Group’s performance.
2024-06-28 15:27
Personally, I think my targetd timeframe is before 31 Oct 2024. Tayor
Have to be a midterm bilis investor here.....
Be patience for those who can... He He He
2024-06-28 15:31
Zelan have an incoming receivable of RM 241.76 M followiing a court award overseas!! What happened to the durian runtuh 😁
2024-07-16 11:45
(b) Trade receivables
The efforts towards the recovery of the awarded sum of RM252.8 million are still ongoing. The Group is still pursuing the recovery action and working closely with the solicitors in Abu Dhabi, United Arab Emirates to recover the awarded sum.
Source: https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3460497
2024-07-16 17:05
Hope coming days Zelan got good news about PN17 as previous few QR majorities showed good.
2024-08-10 11:44
LOL. Appoint ex GM of Serbadk as CEO. Wanna do serbadk or what this stock?
2024-08-13 08:33
The new CEO came in because of relationship " u help me then i help u" or because his outstanding performance? If capable person, from where also can. Hope came in because of capability....
2024-08-15 13:01
With the extension of time granted by Bursa Securities until 31 October 2024, the Company has approximately two (2) months to submit its regularisation plan to Bursa Securities for approval to implement the same.
The Company will make the necessary announcement(s) regarding the development of the proposed regularisation plan accordingly.
2 months ago
As at 2 April 2024, MMC Corp is a single substantial shareholder @ Zelan:
MMC CORPORATION BERHAD with 331,580,079 shareholding (39.244 %)
2 months ago
PETALING JAYA: PN-17 company Zelan Bhd has appointed Mohd Ariff Abd Samat, 42, as its chief executive officer (CEO), after terminating the contract of its previous CEO, Hazimi Baharum, in June last year.
In a filing with Bursa Malaysia, Zelan said Mohd Ariff was group chief operating officer at Sarawak Consolidated Industries Bhd until July 2023, prior to joining Zelan.
“Mohd Ariff has over 18 years in key positions of internal audit, accounts and reporting and business planning and budgeting in the oil and energy industry during his tenure with PETRONAS, UMW Corp Sdn Bhd, Boustead Petroleum Marketing Sdn Bhd and KPMG Malaysia.”
Zelan was categorised as a PN17 company in May last year after its external auditor Nexia SSY PLT expressed a disclaimer of opinion on its audited financial statements for the financial year ended Dec 31, 2022.
-------------
Note:
With the extension of time granted by Bursa Securities until 31 October 2024, the Company has approximately one month to submit its regularisation plan to Bursa Securities for approval to implement the same.
### Hoping for a good news from the management/insiders. TAYOR
1 month ago
Just hold another 2 more weeks, the previous already continue 6 times green QR. Sell also rugi, just wait and see....
1 month ago
On behalf of the Company, Kenanga Investment Bank Berhad wishes to announce that an application for a further extension of time of 9 months up to 31 July 2025 to submit a regularisation plan to Bursa Securities has been submitted to Bursa Securities on 25 October 2024.
1 month ago
--- (b) Trade receivables
The efforts towards the recovery of the awarded sum of RM252.8 million are still ongoing. The Group is still pursuing the recovery action and working closely with the solicitors and other relevant authorities both in Abu Dhabi, United Arab Emirates and Malaysia to assist on the recovery of the awarded sum.
---------
Are they delaying for this reason????
Buy for more time... in order to make this recovery action successfull.
I think if this recovery action can successfully done, the problem will be solved.
1 month ago
If not, they have to pick other fund raising exercises such as RI or ESOS in order to solve a capital deficiency of RM100 mil. TAYOR
1 month ago
(a) Practice Note 17 (“PN 17”)
On 2 May 2024, Bursa Securities granted an extension of time of six (6) months up to 31 October 2024 to submit its regularisation plan to the relevant regulatory authorities. On 25 October 2024, Kenanga Investment Bank Berhad submitted, on behalf of Zelan Berhad, an application for a second extension of time for 9 months, until 31 July 2025, to allow for the formulation of the Proposed Regularisation Plan. This request is contingent upon the resolution of key legal matters that impact the Company's financial position and ongoing negotiations with potential investors.
3 weeks ago
(b) Trade receivables
The efforts towards the recovery of the awarded sum of RM 252.8 million continue. The Group is actively pursuing recovery action and collaborating with solicitors. Recent developments indicate that diplomatic channels have been engaged to expedite this recovery.
3 weeks ago
Base on my BRIEF study on the QR3 2024 of Zelan:
(Note: A comparative figures from QR2 2024 included)
Summary:
The company
A: Revenue, profitability and NTA.
Revenue PBT Net Profit EPS NTA QoQ(%) YoY(%)
13,679K (20,029K) (21,437K) -2.54sen 18sen Down 2413% Down 16648%
B: Sitting on reducing positive reserve of RM 65,986,000.
C: Recorded a big net loss after recorded profit for FIVE quarters of the last SIX latest quarters.
D: Not a cash rich company.
E: Total assets > Total liabilities, Total current assets > Total current liabilities,
F: In the process of settling the PN17 issues.
The Group is actively addressing the ongoing PN17 issues and is currently looking into and developing a proposed regularisation plan to improve its financial conditions and performance. To assist with this, the Group has engaged an advisor to give professional advice and assistance during its restructuring initiatives.
On 25 October 2024, the Group submitted a further extension of time application to Bursa Securities for nine (9) months i.e up to 31 July 2025 to submit the Group’s Regularisation Plan to Bursa Securities. This request is contingent upon the resolution of key legal matters that impact the Group's financial position and ongoing negotiations with potential investors.
THE FINDINGS:
1. NTA 18 sen _ , Q2 2024 @ 19 sen
2. NOSH 844.92 mil _ , Q2 2024 @ 844.92 mil.
3. EQUITY
Share Capital RM 84,495,000 _ , Q2 2024 @ RM 84,495,000
Reserves / accumulated profit RM 65,986,000 _ , Q2 2024 @ RM 76,024,000
Shareholders’s equity RM 150,481,000 _ , Q2 2024 @ RM 160,519,000
Non-Controlling Interest (RM 331,000) _ , Q2 2024 @ (RM 331,000)
TOTAL EQUITY RM 150,150,000 _ , Q2 2024 @ RM 160,188,000
4. Cash and Cash Equivalent:
Cash and bank balances RM 2,810,000 _ , Q2 2024 @ RM 2,923,000
5. Assets:
Non-current Assets RM 405,002,000 _ , Q2 2024 @ RM 421,665,000
Current Assets RM 308,033,000 _ , Q2 2024 @ RM 331,461,000
TOTAL ASSETS RM 713,035,000 _ , Q2 2024 @ RM 753,126,000
6. Liabilities:
Non-current liabilities RM 364,940,000 _ , Q2 2024 @ RM 380,682,000
Current Liabilities RM 197,945,000 _ , Q2 2024 @ RM 212,256,000
TOTAL LIABILITIES RM 562,888,000 _ , Q2 2024 @ RM 592,938,000
7. QR3 2024 results :
- Revenue RM 13,679,000 _ , Q2 2024 @ RM 11,651,000
- Gross profit RM 5,565,000 _ , Q2 2024 @ RM 5,628,000
- Profit before tax (RM 20,029,000) _ , Q2 2024 @ RM 1,698,000
- Net profit / (Net loss) (RM 21,437,000) _ , Q2 2024 @ RM 927,000
Note 1
The Group reported a loss before zakat and taxation (“LBZT”) of RM20.0 million in the current quarter under review compared to a profit before zakat and taxation (“PBZT’) of RM0.3 million in the corresponding quarter of FY2023.
The decrease in PBZT is mainly due to the unrealised foreign exchange translation loss of RM22.2 million as compared to the unrealised foreign exchange translation loss of RM0.2 million in the same quarter of FY2023.
1 week ago
On behalf of the Company, Kenanga Investment Bank Berhad wishes to announce that Bursa Securities had, via its letter dated 15 November 2024, resolved to grant the Company a further extension of time of 6 months up to 30 April 2025 to submit its regularisation plan to the relevant regulatory authorities for approval.
6 days ago
The CEO Mohd Ariff Abd Samat has resigned from the post after 3 months his appointed. Any result as just 3 months appointed? or just buta-buta get the salary.....
2 days ago
Delist????
Why???
Anyways: Look on it equity aspects, its still quite healthy.
.....3. EQUITY
Share Capital RM 84,495,000 _ , Q2 2024 @ RM 84,495,000
Reserves / accumulated profit RM 65,986,000 _ , Q2 2024 @ RM 76,024,000
Shareholders’s equity RM 150,481,000 _ , Q2 2024 @ RM 160,519,000
Non-Controlling Interest (RM 331,000) _ , Q2 2024 @ (RM 331,000)
TOTAL EQUITY RM 150,150,000 _ , Q2 2024 @ RM 160,188,000
The company's problem: Has a capital deficiency around RM100 mil.
Prospects: The Group is actively addressing the ongoing PN17 issues and is currently looking into and developing a proposed regularisation plan to improve its financial conditions and performance.
I think if the recovery of the awarded sum of RM 252.8 million successfully done, the problem of PN17 will be solved.
2 days ago
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CS Tan
4.9 / 5.0
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....
birkincollector
trading halted.....hmmm
2024-05-02 09:05