Loss 10%, next must earn 11% to recover. (A piece of cake mission) Loss 50%, next must earn 100%. ( tough mission) Loss 90%, next must earn 900%. (Mission impossible)
why ppl still buy aa? they are fortune teller ma.. can predict tomorrow rebound. if tomorrow no rebound, then next tomorrow. Sure got 1 tomorrow rebound.. Tomorrow never dies.. But fail predict tomorrow TOTO what number out.
toto millions of number to predict, anzo is easy only 4 numbers to pick.....tomoro 12cts,12.5cts,13cts,13.5cts....opening 9am is 12.5cts buyers,13cts sellers
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.
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.
"how come so many still selling low.. what make them do such think and how many share are still open to be sold at this low price? it has been almost 8 weeks of selling..low, low,low, it should stop. andwhy there is no clarification from ANZO main share holder? some one is collecting, same person or same group..so if thsi true, than one day the share will rise like hell, with no stop even above 0.6..." GM68
Because everyday got contra player who thought they can get their prediction right everytime and time a rebound, but the sharks, the main market marketmakers have either left already, or left their shares to sleep. Who else got money to ensure price move upwards without collapsing back to lower level? Contra players?
One ANZO independent director could not take it anymore, he handed his resignation, smart move befor a lawsuit start, interpol intervention and other.. next...
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
see On Balance Volume to see if there's sign of accumulation.
Use RSI + Money Flow Index to confirm reversal of trend. Draw trend line and wait until it breakout from current downtrend.
There're better counters to play (go pick high ROI, low PE, consistent good QR counter and go there play buy and hold, brighter future, slower gain, but at least can sleep well at night)
For anzo, I believe there'll be technical breakout, but (correct me if im wrong), anzo has the history of operator controlling behind the scene. Only those who got bullet to hold can test test water with unsuspecting buaya.
Last of all, i3 forum is the last place to get insider info. Always do your homework. But i3 forum is a good place to cry 'huat ar~', or say 'walao eh, why drop again?'
hope all can huat, remember to protect capital. No capital, can't play. Got capital, mean got chance to huat again.
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.
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....
emil
1,428 posts
Posted by emil > 2017-07-04 19:29 | Report Abuse
As known....... the floor price will same as XOX......