XOX 0.105
Anzo 0.10

RM 0.1 ---------- 0.69x P/BV


RM 0.10 is a strong support.

annual report

http://www.malaysiastock.biz/Company-Announcement.aspx?id=990020

Forward Looking Statement
FY 2017 has been a very encouraging and progressive year for Anzo. Prospect from construction section division remain
positive driven by ongoing private investment and the Tenth Malaysia Plan (10MP) projects. This will augur well for the Group
as it will provide us with the opportunity to participate in these projects
With construction order book of RM311 million winning to date, the short and medium term prospect of Anzo Group remains
positive.

At present, Datuk Chai also sits on the board of directors
of XOX Bhd and various other private companies. He is
the Executive Director of KL Northgate Sdn Bhd, a prime
developer for 18 acres shopping mall and mixed development
project at Selayang with a gross development value of RM1.6
billion.

In line with the positive outlook for the nation’s economy and
the construction industry, fiscal 2017 has been a pivotal year
of transformational change for the Anzo Group from a timber
door manufacturer to a growing construction group, Anzo has
created a foundation for sustained profitability.

In May 2017, the Company announced its return to the black
after 16 consecutive loss-making quarters.
The Group achieved revenue of RM11.90 million the financial
year ended 31 March 2017 (FY 2017), compared to revenue
of RM6.11 million for the financial year ended 31 March 2016
(FY 2016). The Group recorded a loss before tax of RM4.85
million for FY 2017 versus a loss before tax of RM10.96
million in FY 2016.

The increase in revenue by 195% is substantial while the
reduction in loss before tax by 56% is significant. The changes
in the Group’s fortunes were mainly due to the contribution
from its construction division.
We believe this division will continue to drive our performance
and profitability in the years ahead.

Prospects
We strongly believe that Anzo has benefited from its strategic
shift to the construction sector over the past few years, and
is poised to capitalize on this move in the future.
In March 2017, Anzo was appointed as the main contractor for
Phase 2 of the 216-room Porto De Melaka Hotel and Resort
development in Malacca by Tinta Anggun Engineering Sdn
Bhd, a contract worth RM109.3 million. This is on top of the
RM153 million contract won under Phase 1 to build 120
service suite units and 24 spa villas of the same development.
In April 2017, Harvest Court Contruction Sdn Bhd, an Anzo’s
subsidiary together with MCC Overseas (M) Sdn Bhd,
received a letter of intent from KL Northgate Sdn Bhd to
undertake part of the proposed mixed development of
Paragon@KL Northgate, a project worth RM1.21 billion.
To-date, Anzo’s current total construction order-book stands
at a robust RM311 million, which will help to sustain the
Group’s profitability in the next few years.

THE BULL MARKET’S GROWTH PROBLEM

https://www.wsj.com/articles/the-bull-markets-growth-problem-1501172322
WALL STREET JOURNAL
Justin Lahart

Stocks are hitting records and valuations are at 15-year highs, both signs of confidence. But a closer look at what is driving the rally shows that the eight-year bull market may be nearing its end.

The current earnings season makes it clear that investors are paying up for companies that are generating strong growth in earnings and revenues and ignoring or selling stocks where growth is anything less than stellar. In the past, that was a sign that the stock market rally, and the economic expansion, were in their final stages.

The quest for growth is epitomized by the stock gains in Amazon.com , Apple, Google parent Alphabet and Facebook . The S&P 500 Growth index has returned 17.1% this year. In contrast, the S&P 500 Value index, which includes stocks with lower P/E, price-to-sales and price-to-book ratios, has returned 6%. Nor is this just about investors’ infatuation with the S&P’s Gang of Four —growth’s outperformance extends to the shares of midsize and small companies.

The narrow preference for growth may be a sign that we are in the late stages of the economic cycle, points out Société Générale quantitative strategist Andrew Lapthorne.

Late in economic expansions, earnings growth slows and profit margins narrow. That puts a premium on companies that are able to keep generating growth. Indeed, in the latter stages of the both the bull market that ended in 2007 and the one that ended in 2000, growth stocks outperformed.

A similar dynamic may be in place now. At this stage in the current earnings season, it looks as if profits at companies in the S&P 500 rose 9.9% in the second quarter from a year earlier, according to Thomson Reuters I/B/E/S, down from a gain of 15.3% in the first quarter. And by one measure—domestic after-tax profits as a share of gross domestic product—U.S. profit margins peaked over two years ago.

Investors have become ruthless with companies that aren’t growing fast enough. On Thursday, Whirlpool fell 7.2% and F5 Networks fell 7.4% after their growth rates failed to satisfy investors.

Even if we are in the last stage of the economic cycle, it is impossible to know how long that stage will last. Growth stocks had only a brief period of outperformance in 2007 before the financial crisis. But fast-growing companies led the market for three years during the tech bubble. The rally in growth stocks will probably end badly, but it also may only have just begun.

Dufu is a good tech stock with a very low P/E.

annual report

http://www.malaysiastock.biz/Company-Announcement.aspx?id=990020


Forward Looking Statement
FY 2017 has been a very encouraging and progressive year for Anzo. Prospect from construction section division remain
positive driven by ongoing private investment and the Tenth Malaysia Plan (10MP) projects. This will augur well for the Group
as it will provide us with the opportunity to participate in these projects
With construction order book of RM311 million winning to date, the short and medium term prospect of Anzo Group remains
positive.

Annual report of Anzo was released.
http://www.malaysiastock.biz/Company-Announcement.aspx?id=990020

At present, Datuk Chai also sits on the board of directors
of XOX Bhd and various other private companies. He is
the Executive Director of KL Northgate Sdn Bhd, a prime
developer for 18 acres shopping mall and mixed development
project at Selayang with a gross development value of RM1.6
billion.

In line with the positive outlook for the nation’s economy and
the construction industry, fiscal 2017 has been a pivotal year
of transformational change for the Anzo Group from a timber
door manufacturer to a growing construction group, Anzo has
created a foundation for sustained profitability.

In May 2017, the Company announced its return to the black
after 16 consecutive loss-making quarters.
The Group achieved revenue of RM11.90 million the financial
year ended 31 March 2017 (FY 2017), compared to revenue
of RM6.11 million for the financial year ended 31 March 2016
(FY 2016). The Group recorded a loss before tax of RM4.85
million for FY 2017 versus a loss before tax of RM10.96
million in FY 2016.

The increase in revenue by 195% is substantial while the
reduction in loss before tax by 56% is significant. The changes
in the Group’s fortunes were mainly due to the contribution
from its construction division.
We believe this division will continue to drive our performance
and profitability in the years ahead.

Prospects
We strongly believe that Anzo has benefited from its strategic
shift to the construction sector over the past few years, and
is poised to capitalize on this move in the future.
In March 2017, Anzo was appointed as the main contractor for
Phase 2 of the 216-room Porto De Melaka Hotel and Resort
development in Malacca by Tinta Anggun Engineering Sdn
Bhd, a contract worth RM109.3 million. This is on top of the
RM153 million contract won under Phase 1 to build 120
service suite units and 24 spa villas of the same development.
In April 2017, Harvest Court Contruction Sdn Bhd, an Anzo’s
subsidiary together with MCC Overseas (M) Sdn Bhd,
received a letter of intent from KL Northgate Sdn Bhd to
undertake part of the proposed mixed development of
Paragon@KL Northgate, a project worth RM1.21 billion.
To-date, Anzo’s current total construction order-book stands
at a robust RM311 million, which will help to sustain the
Group’s profitability in the next few years.

Smallcap stocks in emerging markets offer attractive prospects for active managers: Mark Mobius

At Templeton Emerging Markets Group, we believe emerging market (EM) small-capitalization (small-cap) stocks represent an attractive proposition in the current investment climate.

We believe small-cap stocks in emerging markets offer attractive prospects for active managers. A multitude of mispriced securities, market inefficiencies and a paucity of research provide considerable investment opportunities, in our view, Mark Mobius said in his blog.

http://www.moneycontrol.com/news/business/markets-business/smallcap-stocks-in-emerging-markets-offer-attractive-prospects-for-active-managers-mark-mobius-2339425.html

Smallcap stocks in emerging markets offer attractive prospects for active managers: Mark Mobius

Jul 29, 2017

http://www.moneycontrol.com/news/business/markets-business/smallcap-stocks-in-emerging-markets-offer-attractive-prospects-for-active-managers-mark-mobius-2339425.html

Malaysia’s economy in 2016 expands 6.3 per cent on GDP | http://www.klsescreener.com/v2/news/view/260953

http://www.enanyang.my/news/20170724/投资大马明登场-市场引颈静待-综指涨0-57点/

Anzo is an undervalued small cap construction stock.
The stock is trading at 0.830x P/BV

nekosan, just wait for one year. 1.5 may be possible.

BeReal = VenFx

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 0.125 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.

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

Considering a huge drop, rebound should be large enough.

0.18 is an easy target.

I think the stock price will rebound at 0.12, but I will not spend time here often. I don't think meaningful arguments have been going on. I will not waste time here. Many people here just
speak ill of the company and mislead people. E

Never mind. Traders can hold the stock just for a week or so. Its not like marriage.

If you sell the stock tomorrow, i don't know why you bought Anzo in the first place. Tomorrow will be the worst day to sell Anzo. Why? Just check historical prices.

Tomorrow will be the worst day to sell the stock. Just wait until next week.

Just aim at RM 0.18 tomorrow!

High risk high return.
But risk is limited now.

I don't usually hold stocks for a long time. I hold stocks at most for 3-4 months.

I don't mind being trapped for a short time.

Now the price is one half of 0.26.

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

No fundamentals have changed since the release of the last QR.

Don't sell the stock near 0.12. You will miss a big chance.

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 0.14 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.

misleading

Jan 26, 2016 0.14 (open) 0.14(high) 0.13 (close)
Jan 27, 2016 0.12 (open) 0.20(high) 0.18 (close)

Tomorrow the stock price may rebound.

Unless 0.12 is broken, you don't have to worry.


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

There will be no problem holding the stock until the next QR. The construction sector has been boominh. The next QR is likely to be good.

Construction sector still at the top of the heap | http://www.klsescreener.com/v2/news/view/251651

This is a good example of the opposite of a bubble. When stocks are in a bubble, most people think stock prices will continue climbing. But suddenly stock prices plunge.

I like to buy stocks when almost all people are not willing to buy them. Thay's why I'm optimistic when almost all people are pessmistic.

Don't be so pessmistic. The stock price is near the lowest during the last 5 years. 0.12 is likely to be a stong support. I think the stock price will rebound between 0.12 and 0.13 and move back to 0.18.

Odds to move above current price in 30 days: 95%
https://www.macroaxis.com/invest/priceProbability/9342.KL/

Please don't feed this troll anymore.

Apollo Ang is an infamous troll. He's everywhere. Check his posts!

Apollo Ang is a famous troll. He is everywhere. Check his posts!

Apollo Ang is an infamous troll. He is everywhere. Check his posts!

Please ignore this troll.

If you can predict share prices, use that skill to become a billionaire. You do not need to tell anyone about your forecast. haha

You are noy somebody. It's diffiult for many people to follow you. LOL

bullshit

VenFx, Why is 23/7/17 so important?

Researh

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

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

Maybe Najib's son can become a director again.

Nazifuddin, the 28-year-old son of Prime Minister Datuk Seri Najib Abdul Razak, would open up new opportunities for the door maker. Within days of his appointment, shares in Harvest Court had soared from 40 sen to as high as RM2.13 on Nov 14.

Nazifuddin’s decision to step down may help to take some heat off Harvest Court.

Nazifuddin, who owns 2.2% in Harvest Court, and Chan told a newspaper yesterday that they would remain as shareholders in Harvest Court. Chan controls 15.7% of Harvest Court.