4 years ago before GE it was harvest pump n dump,change name to anzo now, next GE he should change name ANZO to ANTOW, antow means handsome in hokkien, a crook is always a crook,msians please wake up
It's not the end of the story. But if you sell the stock, you will be a loser, so don't sell the stock at the lowest price during the last 1 year. it's ridiculous.
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
KUALA LUMPUR (June 16): AllianceDBS Research said Anzo Holdings Bhd (Anzo) had on June 15 traded lower to settle at the day’s low of RM0.195 (down 2 sen or 9.30%).
In its evening edition yesterday, the research house said Anzo continued to trade below the 20-day and 50-day moving average lines.
“Following the down close on June 15, the stock is likely to move lower again with immediate support at 19.5 sen.
“A fall below 20 sen would put pressure on the stock down to the subsequent support zone, 16 sen – 17 sen.
5 qrs green and 35 qrs red in 10 yrs time. Was this performance you are looking for? NTA only 13c, price now at 16c. Is it still over price? Two projects announcement, it still need to turn out to be profit in future. What is the projection profit? Unclear ? Decision is yours.
You can decide if the stock price is low or high by comparing to its past prices as well as comparing to other stocks' prices. But you cannot ignore either of them.
The stock price dropped from RM 0.26 to RM 0.16 from 7 June to 20 June. 38.5% drop.
You should stop selling the stock now. The stock price is the lowest during the last one year.
On 22 January, 2016 the stock price hit RM 0.135, but on 18 March, 2016 it moved back to RM 0.30,so within two months, the stock price consolidated from RM 0.135 to RM 0.30.
This time a similar thing is happening. I don't know when the stock price will rebound, but with the latest good QR and recent good announcements, the stock price should rebound very soon.
26cts on june is manipulation price lah,they purposely push it up for people to buy the rights.must count the OR value cos many buy the OR instead of buying the ex rights mother share
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....
Apollo Ang
3,181 posts
Posted by Apollo Ang > 2017-06-20 18:59 | Report Abuse
4 years ago before GE it was harvest pump n dump,change name to anzo now, next GE he should change name ANZO to ANTOW, antow means handsome in hokkien, a crook is always a crook,msians please wake up