hstha aka tecpower, Many of i3 forumers has come to noticed, Anzo has never a serious company about their biz . What make you think Anzo fit for what u clam as undervalued construction counter ?
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
maybank research conned u......this kinda company no fundamentals,only pure speculative.the operators of anzo already run away like Johnson lee,how to push?
Hstha aka tecpower, What do u see from above previous iB researh or more precisely what value do u see from the above article ?
Be alert Anzo's shares has been balloting by x 2.5 times. Read carefully and think smart, cant juz take it as a whole without understand the articles lar.
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 0.125 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.
Posted by calvintaneng > Mar 29, 2015 02:01 PM | Report Abuse
Good Afternoon,
This BJ Corp song was given to me by Inspiration within 5 minutes while holidaying in Hilary Beach, North of Perth, Western Australia.
Music adapted from
FIRST OF MAY - By Bee Gees (For music go to youtube "FIRST OF MAY"}
Lyrics by Calvin Tan
SONG OF BERJAYA CORP
1) OH BJ Corp! I bought it for a song;
The Mighty Stock that someday will perform.
Don't ask me why. Don't let it pass you by;
To Make Money you all Must Be Strong.
2) The Companies that Grew for you and me;
I watched them growing richer one by one.
And I will keep BJ Corp All The Way;
This is Asia's Berkshire Hathaway.
And Now for the exposition & commentary
OH BJ CORP I Bought it For a Song (Stanza 1, First line)
The idiom "bought for a song" means to buy something Very cheaply.
To me BJ Corp is already a Blue Chip over RM10.00 Calvin Tan Research can prove it mathematically by facts and figures without a trace of doubt!
So buying at 44 cents for a Share worth over RM10.00 is "Buying it For A Song". This is not paying penny for dollar; but paying penny for ten dollar bill.
This is the most unequal exchange in Bursa.
The Mighty Stock that someday will perform (1st Stanza, 2nd line)
When will BJ Corp, THE MIGHTY STOCK, rise to RM10.00?
Time Is The Essence of Investment. Just like Lafarge, UMW or Tasek.
Don't ask me why. Don't let it pass you by. (1st Stanza, 3rd line)
How did Lafarge rose from 66 cents to over RM10.00? We know now as fact
How will BJ Corp rise from 44 cents to over RM10.00? Don't ask me why. Just don't let it pass you by. Grab some tomorrow!!
To Make Money you all Must Be Strong (1st Stanza, 4th line)
There will be doubters, naysayers & others who cannot see & will talk nonsense and discourage you. So you MUST BE STRONG IN CONVICTION & HOLD TIGHT TO YOUR PRECIOUS BJ CORP SHARES!!
Someday When BJ Corp reaches RM10.00 You Will All Be Millionaires!!
hstha aka tecpower.... sue lah. What are you waiting for? Sue and see lor. What class action you want to bring. Prove any of the things that we said are wrong.
By the way, if 0.12 support is not strong what do you want to do? Say that 11.5 support is very strong ah. Look at the market lah. It is so red with low volume. Even good stocks also suffer drop. What makes you think Anzo will be spared?
think big,,, no drop , no profite for bursa malasyisa...panic creat selling..profit for bursa malaysia increase..increas transaction, profite for banks.. manupulation is the art of the game.. betetr hold, do nothing..
hahaha....new high closing at 12cts....who say calvin ranking 222, this tecpower ranking 300 lah,everyday guess 18cts.....another 100 days also cannot see
I hope most i3 has alert of the cliff fall from $0.200 (mid june) ; simply each bid by $0.01 will have significantly 5% weight over the closing price.
Since then ,i started to reveal every comments by tecpower & his all others iDs .
Unfortunately, Anzo has been predicted a cliff falling till to day and yet to stop falling. Hopefully, the damages has been reduced with other seniors earlier warning of the said falling.
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 > 2017-07-09 18:54 | Report Abuse
helping people is wasting time? you better don't misled people u moneygame agent