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Home AZRB calvintaneng PENERGY AZRB (7078) VERSUS PENERGY (5133) Compare & Contrast Their Similarities/Differences,Calvin Tan Research

AZRB (7078) VERSUS PENERGY (5133) Compare & Contrast Their Similarities/Differences,Calvin Tan Research

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Hi guys,
Yesterday Penergy reported a very good qtr result & today Penergy went Limit Up from a low of 42 sen to a high of 72 sen for an almost 72% Jump in One Day. This is really spectacular considering that Penergy has been sold down in the doldrum for the past several years
Were there signs to show that Penergy will be turning around?
Actually there are several signs: Sudden Renewed Job Awards by Petronas. Insiders buying. Insiders continued to buy even next few immediate quarter results were bad.
And since Penergy also gone Limit Up is there a Similar Stock with same signs like Penergy? Sudden Job awards? Insiders buying. Insiders buying even after knowing next few lousy quarters?
YESSS! Which Stock is that?
Calvin Tan brings you Ahmad Zaki Bhd (7078) The stock that has all the characteristics of PENERGY & More!!
So read very very very carefully as we Compare & Contrast AZRB & PENERGY to SEE CLEARER

SIMILARITY 
1) Both PENERGY & AHMAD ZAKI ARE INTO OIL & GAS RELATED BUSINESS
AND BOTH HAVE BEEN GIVEN FRESH JOB AWARDS FROM PETRONAS

See Penergy
After some lean years finally Penergy received fresh job awards from Petronas
Reference is made to PENERGY’s earlier announcements dated 29 May 2013 and 3 June 2013 in respect of the Award for the Provision of Hook-Up, Commissioning and Topside Major Maintenance Services for 2013 to 2018.
The Board of Directors of PENERGY wishes to announce that PETRONAS Carigali Sdn. Bhd. (PETRONAS Carigali) had confirmed that the contract awarded to PRSB for the provision of hook-up, commissioning and topside major maintenance services which was previously awarded for a duration of five years from 21 May 2013 to 20 May 2018, has been extended for a further period of one (1) year from 21 May 2018 to 20 May 2019 (“Contract Extension”).
The Board of Directors of the Company, having taken into consideration all aspects of the Contract Extension, is of the opinion that the Contract Extension is in the best interest of the PENERGY Group.
This announcement is dated 13 June 2018.
 
Prior to this Penergy has been given a 5 year contract by Petronas which run from 21 May 2013 and expiring on May 20th 2018 (exactly 5 years) Very crucial. Just when contract expires Penergy receive a new life line of ANOTHER ONE YEAR JOB EXTENSION
 has been extended for a further period of one (1) year from 21 May 2018 to 20 May 2019 (“Contract Extension”).
Of course there are lots of work to be done this round AS PETRONAS WANTS PENERGY TO RAMP UP PRODUCTION KUAT KUAT
Of course at that time only Insiders Know. And they started accumulating & accumulating PENERGY SHARES On the Quiet (Very queit indeed)
Now see how these Insiders buy




Now these INSIDERS ALREADY KNOW THE NEXT FEW  BAD QUARTERS

On May 2018 the EPS was a miserable 0.32 sen
On August 2018 the Earnings per share was even more horrible
See

SUMMARY OF KEY FINANCIAL INFORMATION
30 Jun 2018
 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Jun 2018
30 Jun 2017
30 Jun 2018
30 Jun 2017
$$'000
$$'000
$$'000
$$'000
1 Revenue
88,352
101,197
155,857
170,801
2 Profit/(loss) before tax
-15,931
3,087
-14,912
8,379
3 Profit/(loss) for the period
-15,931
3,087
-14,912
8,379
4 Profit/(loss) attributable to ordinary equity holders of the parent
-15,931
3,087
-14,912
8,379
5 Basic earnings/(loss) per share (Subunit)
-4.96
0.96
-4.65
2.61
6 Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00
   
AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7 Net assets per share attributable to ordinary equity holders of the parent ($$)
1.0500
  
Ha! Penergy made a - 4.96 sen loss
Yet Insiders are buying and buying Penergy shares


Then look at Nov 2018 Result below

SUMMARY OF KEY FINANCIAL INFORMATION
30 Sep 2018
 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Sep 2018
30 Sep 2017
30 Sep 2018
30 Sep 2017
$$'000
$$'000
$$'000
$$'000
1 Revenue
119,735
170,991
275,592
341,792
2 Profit/(loss) before tax
-24,574
-7,909
-39,487
470
3 Profit/(loss) for the period
-26,966
-7,909
-41,879
470
4 Profit/(loss) attributable to ordinary equity holders of the parent
-26,966
-7,909
-41,879
470
5 Basic earnings/(loss) per share (Subunit)
-8.40
-2.46
-13.05
0.15
6 Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00
   
AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7 Net assets per share attributable to ordinary equity holders of the parent ($$)
0.9700
  

WAH! GETTING FROM BAD TO WORST. A MORE HORRIBLE QUARTER?
Outsiders were selling and running away
BUT INSIDERS WERE STILL BUYING AND BUYING MORE PENERGY SHARES

Why Did They Buy?
BECAUSE THEY SAW THE BOOM TIME COMING WHICH WE OUTSIDERS  CANNOT SEE YET

Then latest Quarter
See

SUMMARY OF KEY FINANCIAL INFORMATION
31 Dec 2018
 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31 Dec 2018
31 Dec 2017
31 Dec 2018
31 Dec 2017
$$'000
$$'000
$$'000
$$'000
1 Revenue  up 61%!
191,832
118,438
467,424
460,230
2 Profit/(loss) before tax
20,904
-46,679
-18,584
-46,212
3 Profit/(loss) for the period
20,884
-46,500
-20,996
-46,033
4 Profit/(loss) attributable to ordinary equity holders of the parent
20,884
-46,500
-20,996
-46,033
5 Basic earnings/(loss) per share (Subunit)
6.51
-14.49
-6.54
-14.34
6 Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00
   
AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7 Net assets per share attributable to ordinary equity holders of the parent ($$)
1.0300
1.100

WOWEE!!
A VERY POSITIVE RESULT!
From a loss of -14.49 sen To A Gain of 6.51 sen

And Revenue Jumped from Rm118 mil to Rm191 Mil (For a Huge Increase of 61%)

THIS SUDDEN CHANGE OF FORTUNE SUDDENLY TRIGGERED PANIC BUYING AND CAUSED PENERGY TO GO LIMIT UP!!


See even More Exciting Insiders buying in AZRB
First see
PH GOVT GAVE THE FIRST JOB EVER AWARDED TO AZRB (THIS SHOWS THAT AZRB IS STILL THE FAVOURED BUMI CLASS  A.  NO 1 CHAMPION  BUMI CONTRACTOR OF THE NEWLY INSTALLED PAKATAN GOVT

PAKATAN WON THE ELECTION ON MAY 9TH 2018
EXACTLY 8 DAYS LATER THE FIRST EVER CONTRACT WAS GIVEN BY THE NEW GOVT
TO AHMAD ZAKI BHD
See

The Board of Directors of Ahmad Zaki Resources Berhad (“AZRB” or “the Company”) is pleased to announce that its wholly-owned subsidiary, Ahmad Zaki Sdn Bhd had on 16 May 2018, received and accepted a Letter of Acceptance from PNB Merdeka Ventures Sdn Bhd (“the Award”) for a project known as “Construction of Jalan Hang Jebat, Jalan Stadium (Victoria Institutions) and Chinwoo Tunnels, Elevated U-Turn and Flyover, Galloway Pedestrian Bridge, Relocation of Existing Utilities, Upgrading and Improvement of Surface Road and Associated Works, Mukim Bandar Kuala Lumpur, Daerah Kuala Lumpur, Wilayah Persekutuan” (“the Contract Works”).
The Award for the Contract Works amounted to a total value of RM197,961,918.51 excluding GST.  The Contract Works shall commence on 21 May 2018 and is to be completed within 883 calendar days from commencement date.
The Contract Works is expected to contribute positively to the Group’s future earnings.
This announcement is dated 17 May 2018.  
Without fear or favour. With UMNO already voted out
AZRB WON THE JOB AWARD ON ITS OWN MERIT
AZRB ALSO WON ANOTHER 5 YEAR EXTENTION FOR THE OIL SERVICE HUB OF KEMAMAN TO SUPPLY MARINE OIL
 
HURRAH!!!
 
INSIDERS HAVE BEEN BUYING AZRB SHARES THEN
 
 
 
 
See
 
As you can see from the Above
In contrast to Insiders of Penergy buying shares with Company monies
THE PURCHASE OF SHARES ARE BY INDIVIDUAL DIRECTORS OF AHMAD ZAKI
THEY ARE
1) DATO W ZULKIFLI BIN HAJI MUDA
2) DATUK PROF A RAHMAN @ OMAR BIN ABDULLAH
3) DATO SRI WAN ZAKARIAH BIN HAJI WAN MUDA
4) DATO ROSLAND BIN TAN SRI JAFFAR

AND THEY HAVE ALSO BOUGHT THROUGH ALL THE BAD REPORTING QUARTERS OF AZRB

NOW DO THEY SEE SOMETHING YET FUTURE WE DO NOT SEE AS YET
JUST LIKE THOSE OF PENERGY?

One more thing
Actually One Maybank Lady Boss bought  Penergy at 59 sen
When I told her to buy Naim at 50 sen she followed
Then she asked me about Penergy which had fallen from 59 sen to a low of 42 sen
So I told her not to cut loss but average down her cost by buying more Penergy
So last Monday to Friday she faithfully keyed in to buy Penergy at 40 to 41 sen
But Penergy share price didn't fall that low. She was just one sen away at 42 sen.
So sorry
See
PENERGY LAST TRADED PRICES
22/02/2019 0.42 0.00 - 0.00 0.42 0.00 (0.00%) 0
21/02/2019 0.42 0.42 - 0.42 0.42 +0.005 (1.20%) 16,400
20/02/2019 0.44 0.415 - 0.44 0.415 -0.025 (5.68%) 6,900
19/02/2019 0.41 0.41 - 0.44 0.44 +0.03 (7.32%) 79,300
18/02/2019 0.41 0.41 - 0.42 0.41 -0.005 (1.20%) 102,100
15/02/2019 0.42 0.415 - 0.45 0.415 -0.015 (3.49%) 40,900
14/02/2019 0.41 0.41 - 0.43 0.43 +0.02 (4.88%) 47,600
13/02/2019 0.40 0.40 - 0.41 0.41 +0.01 (2.50%) 42,600
On days when Penergy fell to the low of 41 sen her queue was not done as someone else queue before her
Today she got a good shock & surprise to see Penergy went limit up & sold some at 68 sen not knowing why
Of course she was wise not to sell all as she is keeping some more Penergy for even higher prices

NOW SHE ALREADY BOUGHT AZRB EARLIER
BUT KNOWING THE SAME MODUS OPERANDI
THIS TIME SHE DIDN'T JUST QUEUE FOR AZRB AT 40 SEN TO 41 SEN
SHE JUST WHACKED 200 LOTS OF AZRB AT 42 SEN ON CLOSING TODAY
HA! SAME CLOSING PRICE FOR PENERGY WHICH SHE MISSED!!

It doesn't matter if AZRB short term result be good or bad
AS INSIDERS ALREADY KNOW AHEAD OF TIME
AZRB WILL BE GOOD. OR VERY GOOD?
AS THEY DARE TO BUY UP TO FIVE HUNDRED THOUSAND SHARES OF AZRB AT ONE GO

 

BEST REGARDS

Calvin Tan Research

Coming up Next Post

WHO WILL BENEFIT IF ECRL IS RESTORED?
Of course AZRB!!

Till then SEE YOU ALL

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/195022.jsp
AZRBcalvintanengPENERGY
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