Two different companies s5 and s7?

Great to know that more believable news about solution to covid-19. Now less people die or need to suffer. I suppose demand for glove should taper down from about 2023 onwards. Meanwhile - everyone rejoice.

Greedy44444, those r old news, 2015 and 2019.

Need to be above 12.5 sen (highest after gap down) for at least a few days before there is any sign of life. Otherwise it is business as usual - left hand right hand left hand right hand left right....

High5 KUALA LUMPUR (July 15): MQ Technology Bhd (MQTech)

Mind sharing source of this news. Tq

I see the situation like this - anzo has allowed for the mid 2017 incident to occur (I believe another one in 2011 also). As such, you play this stock extremely carefully. Blogs r definetly not counted as news. The rest should refrain from giving hope or think messages without facts. Then everyone can be more sharp and critical on messages to help make decision. I wish everyone make money here.

Nokchin, you are basing your positive view of anzo based on two blogs - there is very little info about these bloggers but they give info that conventional media has no idea. I suggest u contact JPMorgan and tell them of this blog about the anzo deal and see how they react.

What is the prebiu website? A blog?

Why no cue to sell 1.94 onwards?

Vitamin, referring to the link you provided, there is not much info about this blogger in his blog. Further, look at the wording of this sentence

" I think the demand for medical gloves will be increasing and it seems that Anzo might have secured a US$200 million order to supply medical gloves to the United States last week".

Pay attention to the words 'I think' and 'Anzo might have'. They are loose words and I would not want to interpret that writeup seriously.

I post it again today. Very interesting well articulated argument about air Asia current and future performance here
https://www.facebook.com/MartinTFWong/videos/598153020808154/

I post it again today. Very interesting well articulated argument about air Asia current and future performance here
https://www.facebook.com/MartinTFWong/videos/598153020808154/

Azeera, can u please posts related to anzo here. TQ. I noticed that u r doing this in other stock forums too. If you must, then please don't just provide the link but write a short note of what this link is about so that readers like me don't waste time clicking on the link. Really would appreciate that.

Very interesting well articulated argument about air Asia current and future performance here
https://www.facebook.com/MartinTFWong/videos/598153020808154/

Orlando Glove, may we know source of your "14 days to answer" please? Tq.
On a lighter note, did you notice that from its peak on 14 April 2017,it took about 14 days to sink like titanic (half from it peak of 56.5c)? Sorry, just an observation only - perhaps coincidence. Again I reiterate, I sincerely want any company to maintain a win win situation and in lieu of anzo's past history, it need to keep investors notified with clear message in timely manner - not just follow bursa mandatory requirements.

With all the past reputation anzo has, one way it can redeem itself is to seek to be interviewed a number of times on TV/ radio/newspaper if they have not done so. The interviewer should be experienced enough to be able to elicit concrete answers to alleviate investor concerns. I wish all the best to a new successful anzo.

How much is fair total enumeration to entire board of directors; executive and non executive included, to maintain stock price at about 9c?

Fightingdragons, point taken. Tq. I was making the argument that an overbought RSi stock has higher chance to make correction than one that is not - the focus was on the not overbought stock where in general rubber glove demand is in a frenzy state.

I think based on the mid 2017 incident (see chart) one should be extra careful with this stock. Definitely not for newbies. Be very meticulous in reading the wordings of articles written about this stock that doesn't bind the writer/company legally - blur words like may, intend, considering, most probably etc. Monitor this stock for possible repeat of 2017 and always be ready to pull out quickly if u think something is not right in stock movement. Then I think trading this stock would provide handsome rewards. Hope all traders here make money here.

Nicky, I am curious how u came up with the T3 argument. It means many bought on Wednesday. The same could have happened on Mon or tue and they would have dumped the stocks on Wed and Thurs. Why wed? Tq

Eagle Eye, thank you for the link. Very enlightening sharing by MartinTFWong /smart Robbie on rubber gloves.

From a RSI point of view, comfort and carepls not yet reach overbought levels like harta, supermx and topglov. As such, I would be more careful of the big 3 stocks making a correction in immediate future.

Many here r very knowledgeable. Some of you can argue using FA, some TA and some even using fibinacci and elliot wave or even othermethods. Please sharpen your argument skills using this forum. I learn a lot.

I think think forum can help us earn lots of money if contributers give information with logical arguments. Don't just say 'this afternoon sure up'. Add why it should be up. Tq

Huatah20, that's a super good news

Aiya, if cannot talk at least votelah

Sometimes I believe we the retail investors are also at fault. We need to make it a point to vote the resolutions. We may not hold large amount of stocks like institutional stock holders but at least people will know that we not only talk or lurk in forums like i3, we also act by participating in agm.

My comments are applicable to all stocks that once were high performing but over years consistently floating like penny stock.

8-9 million for group director to keep company a penny company? Maybe I also want to open new company and pay myself extremely high and get away with it. Perhaps the board is sleeping and should be kicked out first for that. Can anyone correct my inference?

Chopstick, that is a good plausible explanation. Tq

Mcmmann, why topglov, ruberrex, harta still go up today?

Yes gunter, but why other glove counters didn't?

Anyone knows why comfort and carepls drop today while harta, topglov and rubberexcontinued to go up? Anything to do with not being in msci (I can't find the list of stocks by googling) list which are normally used by international investors - if so then it's the local players who cabut?

Anyone knows why comfort and carepls drop today while harta, topglov and rubberexcontinued to go up? Anything to do with not being in msci (I can't find the list of stocks by googling) list which are normally used by international investors - if so then it's the local players who cabut?

Referring to Saint ambrose last para of link "the board of directors had always acted in the company’s best interests".

The argument is that if still cannot perform then should give way for new blood to take charge. I believe too many years already performing like penny stock - it's only fair (and logical) that all stakeholders be critical of the directors - executive and non executive.

No offence to anybody ya (I don't know of the rumours but its not surprising)

I think too many shares so it moves like a tortoise. Look at the queue for each half sen. It's tens of millions.

Too many shares in the market to move even half sen?

Yes, I agree everybody should be scared of this counter based on 2017 incident - period.

However, this time it looks different because there was a trade halt (formal) as requested by anzo and also black and white info of the about billion ringgit contract (nst). (Did I infer the nst news as formal legally binding news or I misread it to mean something that was vague?) Last time in 2017 there was a lot of rumours that was further fueled by trojans in this forum.

Since there is formal news in nst as shared by jack8 (thanks) about the reason it may shoot up like a rocket I wonder how challenging would it be to catch a shooting rocket. Wish everyone here good profit.

Penny stock with extremely small volume still want to talk about it going up?

Suspension for how long? Further, first time I see suspension done suddenly while market trade still on - strange. I hope good thing are in store.

Suspended as requested by anzo for material announcement or some uma kind of activity auto triggered?

I think those of u who r new to this stock (if u r a newbie u would be safer in other more conventional stocks) should trade with great care - perhaps refer to mid 2017 chart where price rose a lot and dropped even lower for no apparent reason would help u in take adequate safeguards. Hope u make money.

They will have to care when more and more shareholders show our dissatisfaction. They did it to FGV and it had to take notice. More importantly, I think there need to be a rethink on ways to protect shareholders by Bursa Malaysia, especially the retail investors. I think that a company belongs to the shareholders the moment it is publically listed. It is no longer 'my grandfather's' company to reward themselves as they want. The retail shareholders meanwhile need to express dissatisfaction through the AGM instead of just making our frustration known in forums like this forum.

Azeera, next time u want to point readers to some other stock, please mention so. This way we don't have to waste time clicking on link to feel cheated. Tq.

Pangg71, you mean Malaysian oil trader aware wave 2 coming? Other parts of the world oil price up because they have more positive outlook on oil price?

I thought price hedge only for sabah oilfield and their production cost is usd15. They have oilfields in other countries and that don't involve hedging.

Do you think shareholders, especially the retail investors should play our role to show our dissatisfaction on this once golden stock which has turned into a penny stock by taking the action of voting against the reelection of current directors and also payment of non executive director fees which I think is too high for a penny stock? Further, too many shares r floating in the market. Perhaps that also need to be stopped (resolution 9).
Do u think this is a fair proposition?

If an article is needed to trigger a need to be transparent then I think the rules for explaining uma need to be reviewed. 1. To stop deceiving early (some entity may be purposely creating this situation to trap unwary retail investors) on its tracks. 2. If some genuine activity is going on, then those insiders got to know about it much earlier and that's not ethical (not legal?) because retail investors are put at disadvantage.

The Board is not aware that a foreign investor was eyeing a stake in Anzo and it may also come in to inject a new business.

Nevertheless, the Board noted that there are some foreign investors acquired shares in the Company.

So, is this a repeat of 2017 in the making?

I think anzo owes shareholders a quick explanation of why there is uma - if nothing happening they should tell so quickly so as to prevent the 2017 incident