the rights are coming and people are afraid a lot of scripts flooded the market.so next week wanna up a lot a bit hard,maybe will take a while to fully digest then can up
People here are like shop clerks who are trying to you rip you off on service charges several times. They have been asking you to pay for rights issue over one month. You paid for rights issue several times, but they still ask you to pay for rights issue.
That's why the stock had strange price movement. Rights issue has been already priced in. Be careful. My analysis is close to analysts' views.
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
Don't read rubbish comments psychos wrote here. There are many psychos here who have abnormal personalities. This is the worst forum with a bunch of psychos.
i3 trader is one example. He has not been trading Anzo over one month, but still write here.
He is very persistent and concerned about very small things. He is a stalker type. Check the definition of mislead.
He always try to lead mislead people here. When the Dow was down -0.01%, he wrote US markets come red,no choice....haha.
He try to exaggerate small matters. He will try to hide good things from you and show you only bad things. He will try to make you believe the stock has no future.
Happy888,I totally agree with you....I don't want to talk with money game syndicate.He just try to con and mislead innocent investors for what ever he can. Don't know how many investors already burned their hard earned money because of him day and night doing the same thing here.From 0.3xx promoted until now,I think maybe from 0.5xx promoted until now because a lot of new accounts can change.
OTHERS Anzo Holdings Berhad Article Published on The Edge Markets.com
ANZO HOLDINGS BERHAD
Type Announcement Subject OTHERS Description Anzo Holdings Berhad Article Published on The Edge Markets.com Reference is made to the article titled “Off-Market Deal: Anzo sees 22% traded off-market" published on The Edge Markets.com on Thursday, 15 June 2017 ("the Article") which reported the following:-
“Timber door marker and construction company Anzo Holdings Bhd today saw 72.19 million shares exchange hands via off-market transactions, with the sum representing 22.47% of its overall outstanding shares of 321.33 million shares.
Bloomberg data revealed that the shares crossed in as many as 700 transactions throughout the day, priced between 19.5 sen and 22.5 sen per share.
Based on the transactions, the shares were transferred for RM15.16 million in all. Parties involved in the deals were not known at the time of writing.
Meanwhile, in the open market, Anzo was the most actively traded counter across Bursa Malaysia, after recording a trading volume of 116.97 million shares, far exceeding its 200-day average of 13.48 million shares.
The stock fell two sen or 9.3% to 19.5 sen today, with a market capitalization of RM62.66 million.”
Anzo Holdings Berhad (“Anzo” or “the Company”) wishes to clarify that after making due enquiries with all the directors and major shareholders, the Company is not aware of any off market deals and further opined that the title and first paragraph of the Article are untrue and misleading as no off market deals were took place on the day.
not necessary after right issue the share price will go up.. take kgroup as example. before right issue the price surge up, after right issue, the share price dropped half.. all big sharks left and now only the ikan bilis play their own.. this anzo will be the same pattern. BEWARE!!!
ANZO operators must stop this artificial interfering and manipulation of ANZO share value, when this will stop? This is really a pure human manipulation. Those behind it must be reported. What is teh reason behing teh share faling every day ??
when u think it will surge, it will free fall. the sharks will make up the price movement as they want you to see. if you are not a risk taker, better stay away from this counter.
who in this counter is selling ANZO ? I guess no one in this counter is selling! I have the feeling that ANZO it slef is selling it below market price since they receive all our money recently booked under the share right subscriptions !! so what is ANZO plan here? when thsi will STOP??
Guess my wish came true, wanted to buy at 1.85... Its almost there but now I see the trend like keep going down nia... how to top up? But at 1.85 later drop to 1.00 how???
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....
i3trader
473 posts
Posted by i3trader > 2017-06-16 23:57 | Report Abuse
Hehe...Apollo Ang,you are correct,this stock just depend on operator and Datuk Chai.Not even a single comment in this forum can move the price.