The stock price may surge today

Fama–French three-factor model is a very famous model designed by Eugene Fama and Kenneth French to describe stock returns. In 2013, Eugene Fama won the Nobel Memorial Prize in Economic Sciences.

According to Fama–French three-factor model, Anzo is likely to be a good buy.

Fama–French three-factor model
https://en.wikipedia.org/wiki/Fama%E2%80%93French_three-factor_model

They find positive returns from small size as well as value factors, high book-to-market ratio and related ratios.

The volatility has been diminished greatly recently. High volatility is not sustainable anymore. 0.12 is still a strong support. You don't have to be brave to buy the stock for 0.12. Most probably the stock price will be higher than 0.12 in one month.

11/07/2017 0.12 (close)
10/07/2017 0.12
07/07/2017 0.125
06/07/2017 0.13
05/07/2017 0.125
04/07/2017 0.13

Prices less than RM 0.18 are abnormal.

The stock price may consolidate gradually. Many weak holders were replaced by speculators.

The ATTA stock price dropped to 1.12 due to 980,000 units loan stock conversion at 1.00

Historical prices

https://www.google.com/finance/historical?cid=1066637989879327&startdate=Jan+1%2C+2016&enddate=Jan+31%2C+2016&num=30&ei=D7xTWeGJHMSCuQSH-o2IBQ

Jan 27, 2016
open 0.12 (multi year low)
high 0.20
close 0.18

One thing I noticed that some people here misled traders about rights issue.
The stock has priced in rights issue several times excessively They continued threatening trades with rights issue over a month.

On July 2013 Anzo gained funding through rights issue. The subscription price was RM 0.25. The entitlement date was 30 July 2013. The stock price was RM 0.23 on 3 September 2013.

http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=9342

Now the stock price is RM 0.12 with recent many good announcements and the last good QR.
The subscription price was RM 0.20. The stock is too oversold. The stock price should at least RM 0.20.

If most investors don’t understand a given situation or they are unwilling to do the amount of work involved, it may make an undervalued situation available to astute value investors.

It's very safe to buy the stock on this price level.

RM 0.140 ---------- 0.97x P/BV
RM 0.130 ---------- 0.90x P/BV

RM 0.125 ---------- 0.865x P/BV

RM 0.120 ---------- 0.830x P/BV

Immediate hurdle for Anzo at 26 sen, says AllianceDBS Research
http://www.klsescreener.com/v2/news/view/245225

Maybank IB Retail Research

Anzo’s wholly-owned subsidiary Harvest Court Construction S/B was appointed as the main contractor for the work of revitalization of Hot Spring, Selayang, Batu Caves, Selangor. The project, which is worth MYR10.2m, is expected to be completed by 9 Jan 2019. Note that this is a related party transaction.

With this job win, the group has secured MYR119m worth of jobs YTD, which is equivalent to 9.6x FY3/17 revenue. In May, the group was also appointed as the main contractor for Phase 2 of the Porto De Melaka Hotel and Resort development (contract value: MYR109.3m).

It appears that Anzo is aggressively building up its pipeline. Recently, it has entered into a collaboration agreement (CA) to develop a 2.87 acres land at Petaling Jaya into a car showroom center with four blocks of office tower. It also entered into another CA to develop an e-commerce fulfilment hub. In Apr, the group also received a letter of intent from KL Northgate for the development of Paragon@KL Northgate which has an estimated contract value of MYR1.2b.

With a construction order book of MYR311.3m, the CAs and LOI mentioned above, Anzo is set to build a stronger footing for FY3/18. Note that the group has finally returned to black in 4QFY3/17 after 16 consecutive quarters of losses.

Valuation wise, the stock is trading at 1.8x P/BV, higher than its 3-year historical average P/BV of 1.4x. Note that warrants are not included in BV/sh computation as they are out-of-the-money. Despite the rich valuation, interest on the stock should improve going forward as Anzo is poised for a turnaround.
14/06/2017 11:54

https://klse.i3investor.com/m/stock/overview/0165.jsp

fire38211 wrote comments in the above link.

I think there are more possibilities... With more good announcements, the stock price my surge. Or the stock price may surge with next decent QR. Nobody knows it. Of course, its not hopeless. Be careful about what you write here. You may need to pay damages.

fire38211, you should learn how to write more objectively. Of course, the stock is not hopeless.

Easy targets. Haha

fire38211 and Apollo Ang, the company will need money. I think you will be sued.

Investors tend to believe only bad things about the company and tend not to believe good things about the company. But the truth tends to lie in the middle of good and bad stories. Thats why the stock is too undervalued.

fire38211, you can't write like that. There is no proof that the company has been trying to deceive investors. You are likely to be sued.

Most people here holding the stock are speculators who want to sell the stock in 2-3 months.

Don't sell the stock today.

All additional negative things have been already priced in, so you don't have to worry if people here write negative things about the company.

Experiment

Don't sell the stock until the stock price moves up to 0.145 or 0.150.

Strong support at 0.12. 0.145 may be possible for tomorrow.

Today i informed Anzo about some misleading comments here.

Historical prices

https://www.google.com/finance/historical?cid=1066637989879327&startdate=Jan+1%2C+2016&enddate=Jan+31%2C+2016&num=30&ei=D7xTWeGJHMSCuQSH-o2IBQ

Jan 27, 2016
open 0.12 (multi year low)
high 0.20
close 0.18

RM 0.120 ---------- 0.830x P/BV ,about one third of a historical longterm average of the construction sector.

Note 2.5x P/BV is a historical longterm average of the construction sector.
08/

What is your construction company worth?
https://www.djc.com/news/co/11143358.html

You still want to sell the stock? Haha
Some people here want to buy them at too low a price.

0.12 is a strong support.

All you are adults,so you should be responsible for what you said and wrote.

Bringing a class action lawsuit against some people here is possible. Be careful.

Apollo Ang wrote:

Stock: [ATTA]: ATTA GLOBAL GROUP BHD
Jul 7, 2017 12:36 PM | Report Abuse
atta formerly smpc....ah neh neh director is a crook.....hahaha

Stock: [ATTA]: ATTA GLOBAL GROUP BHD
Jul 6, 2017 03:55 PM | Report Abuse
formerly SMPC a crooked indian boss,what do u expect? hahaha

I'm not sure why this counter attracts so many socially inadequate people who have a problem in soiety.

Example
https://klse.i3investor.com/servlets/cube/adikabang.jsp

RM 0.125 ---------- 0.865x P/BV (Anzo)

Note 2.5x P/BV is a historical longterm average of the construction sector.

Apollo Ang, why don't you spend time on more meaningful things? Your time is limited. You have been just wasting time.

Buy undervalued construction stocks like Anzo before GE 14.

https://www.macroaxis.com/invest/priceProbability/9342.KL/0.06&a=less

odds to drop to 0.06 or more in 30 days
<1% (less than 1%)

Odds to move over 0.24 or more in 30 days
12%

odds to move over 0.18 or more in 30 days
50%

md1961, Downside risk is limited. 0.125 or 0.120 is likely to be a bottom. volatility diminished greatly last week.

The stock price can stay above RM 0.20 even with bad QRs.
The stock price stayed above RM 0.20 even with bad QRs in the past.

RM 0.2 ---------- 1.38x P/BV

Note 2.5x P/BV is a historical longterm average of the construction sector.

BeReal,

RM 0.08 ---------- 0.55x P/BV

very unlikely

Don't try to mislead others. adikabang has been suspended.

RM 0.12 ----- strong support

Even if the next QR is very bad, the stock can stay above RM 0.12 as RM 0.12 is a price with the worst scenario. If the next QR is decent, the stock price can move up to RM 0.3 - 0.35 easily.

建筑业下半年回扬‧明年有望强劲复苏 http://www.sinchew.com.my/node/1660572/建筑业下半年回扬‧明年有望强劲复苏

RM 0.125 ---------- 0.865x P/BV
RM 0.2 ---------- 1.38x P/BV

Note 2.5x P/BV is a historical longterm average of the construction sector. Now only 0.865x P/BV.

This place has been occupied by many socially inadequate people who may have a problem in society. That's sad. Many investors wanted to keep away from them. But don't worry. They will not bite or punch you. They just want to whisper delusion they heard. They have not been involved with this stock.

Most penny stocks tend to be overvalued, but this penny stock is too undervalued. The stock price should be at least 0.2.

Malaysia Construction Sector
Credit Suisse
24 May 2011

Potential construction sector rally ahead of general elections: Judging
from the past trading patterns, we expect construction stocks to perform well
in the run-up to the upcoming general elections. Based on a study of
previous general elections, the construction sector has outperformed the
market in the run-up to three of the past four general elections.

Price-to-book (P/BV) : The sector trades at P/B of 1.9x, below the historical longterm
average of 2.5x and also lower than the most recent high of 2.3x.

If most investors don’t understand a given situation or they are unwilling to do the amount of work involved, it may make an undervalued situation available to astute value investors.

It's very safe to buy the stock on this price level.

RM 0.140 ---------- 0.97x P/BV
RM 0.130 ---------- 0.90x P/BV

RM 0.125 ---------- 0.865x P/BV

RM 0.120 ---------- 0.830x P/BV

What is your construction company worth?
https://www.djc.com/news/co/11143358.html

The stock price will not move up to 0.18 in one day like before. But I think it will move up to 0.18 or 0.19 in 30 days. The current P/BV is 0.90, whih is less than 1.00. The stock price is too undervalued now. Any good announement will move the stock price much higher.

Anzo's expeted price in 30 days is RM 0.185

Odds to stay under 0.18 after 30 days : 46.0%
Odds to stay under 0.185 after 30 days : 50.0%
https://www.macroaxis.com/invest/priceProbability/9342.KL/0.18&a=less

It's very safe to buy the stock on this price level.

RM 0.140 ---------- 0.97x P/BV
RM 0.130 ---------- 0.90x P/BV
RM 0.125 ---------- 0.865x P/BV
RM 0.120 ---------- 0.830x P/BV

What is your construction company worth?
https://www.djc.com/news/co/11143358.html

Post removed.Why?

Some of you here have very bad manners. You shoud have decent manners to write here. Don't use foul language. And don't stay here for a long time if you don't trade this stock.

Many weak holders have been already replaced by speculators. Even dead cat bounce will be able to move the stock price up to 0.15. If this is real rebound, 0.18 will be easy to aim at

This is not a forum for those who may have a problem in society to meet!