A low price of Anzo - OR means that few people want to subscribe, so rights issue will not be effective. Therefore, the stock price is likely to surge near future
Win888win...consider as toilet paper because now you no more can trade,already delisted.Or if you're still not sure then ask your remisier for advice.Ask them for subscription if still can.
win888win...If you intend to subscribe, you need to ask your remisier to email the rights form to you. Your form + payment must reach the share registrar before 5.00pm of 09.06.17. You better hurry because some brokers (nominee a/c) if apply through them last day is today!!!!
The amount for 15,000 rights is 15,000 x 0.20 = RM3,000. As to whether you should subscribe or not, read both Angelo's and tekken's posting yesterday and draw your own conclusion....Kakaka
7 eleven is different case. The rights issue for Anzo was announced last year. This 7e just this last April. Anzo needs the rights issue because they need money for the coming projects. No money no proceed.
I would defend Anzo if it wasn't manipulated as much as last month. But all this talk about pushing mother's price to get people to subscribe, are full of nonsense and then what? They gonna let price collapse again so their goreng geng can swallow more?
If you bought the OR off the market, you got very little choice, let it burn or simply subscribe. If you got it for free, as a shareholder, then do nothing also can.
Anzo OR ended with a very low price. That means very few people were interested in subscribing. Therefore, not much dilution will be happening. That implies the Anzo stock price is undervalued as investors have assumed much dilution will take place. The dilution have been already priced in.
Downside risk is very limited. Buy Anzo for huge profit. I believe it will surge in one month.
don't buy ANZO in short term, you will NOT make any money from this counter. I buy high and when price drop, I buy again to average down my cost. ANZO drop further, this method don't work. so I sell all and wait lower price to buy in again, even I THINK the price already low but after I buy it DROP further. so I SOLD all my ANZO again, even the OR will let it lapse and will not subscribe. because after listing of new right share the price sure will be 0.185 to 0.19 after BUT SELL BUY SELL .... I LOSE about 40% of my capital in ANZO alone. this is my second lesson after SGB. Will BUY again when mother price around 0.15 and son about 0.05
Tecpower....I can tell you that each time you promoted the stock,any investors that followed you all the way will already go to Holland....Big loser tecpower
From the day that you promoted this stock until now how much already dropped,you want other investors to follow you to Holland or you want to release you high prices stock
Tecpower...if you want to say something like the stock price will surge to 0.30 or 0.50 please provide some evidences that people can trust and don't anyhow say.Even the experience professionals also not sure about the future price status but you can just anyhow bring other investors to dive with you....faint
Unlike other lousy stocks, Anzo hit RM 0.3 regularly, perhaps once a year, so if you wait for one year, it is likely that Anzo will hit 0.3 by May 2018. But its fundamentals are better than before, so i think it will hit RM 0.30 in a month. With more good news, the stock price could hit 0.50.
Tecpower...don't fly until to the sky,do you think that people will believe you without any proof?Later they will going to dive with you again and burn their hands.
1) Hold share at low price to do method..wait and see. 2)Monitor closely coz goreng counter did not require good balance sheet account. 3)I do feel it goes non-fundermental ways, can assign good operators to push the price up..coz RI at 0.20c. 4) Ready to cut when it show downtrend and sleep.
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....
tekken
797 posts
Posted by tekken > 2017-06-01 15:56 | Report Abuse
the mummy return...scary