0.12 support level last seen Jan 2016, and after hitting this level I would tp at 0.3 With this amount of buying volume on this counter, I guess an uptrend is coming. Load it up guys
its amaizing how ANZo share keep faling no end in site..and still with high volume, but i guess not today, today is different , i feel something is going to hapen today..
Even atta also die straight straight. That one somemore fundamental so strong. Someone go and propose people buy the loan stock with TP60 cents. people chase from 19 cents all the way to 60 cents. Guess how much now? So call analyst also can con u lah. Ini pulak just normal commenters. There is a saying. Do not believe what people say. Price and volume dun lie.
Investors tend to believe only bad things about the company and tend not to believe good things about the company. But the truth tends to lie in the middle of good and bad stories. Thats why the stock is too undervalued.
hstha, i am actually writing from a very objective view. only if you know how to operate stock, sadly u dont. i profited from this stock at 28/3 and sold out 13/4. which i doubt you will believe me, but i did, i just did.
so when i say this stock is hopeless for the nx 2 yr, u better believe so. because it is.
this stock will either stay at this price or go down because of investor lost hope and just cut loss. there is no other way. in case of it going up, it is just mindless investor thinking this stock is undervalued and thus buying in. in few yrs time, all of this might change but as of now, jus buy another stock.
hstha, you are welcomed to challenged my point of view, after all, this is a forum
hstha, this stock will not rise above 20c for the nx 6month (i wanna say 1 yr but lets just play safe, even though i am very sure). if not i will delete my account for i3investor. never give comment for any stock again
I think there are more possibilities... With more good announcements, the stock price my surge. Or the stock price may surge with next decent QR. Nobody knows it. Of course, its not hopeless. Be careful about what you write here. You may need to pay damages.
hstha it is hopeless. dun bear fruit on the hopeless tree. end up dying. we shall wait and c. i will personally bet you rm10, jus post here when it cross rm0.2. i will be waiting here. of cos it is not enuf for your loss, nevertheless, theres no harm in this bet.
9999999999, dun laugh die, ltr nid to pay hospital bill. haha. laugh laugh enuf
If most investors don’t understand a given situation or they are unwilling to do the amount of work involved, it may make an undervalued situation available to astute value investors.
It's very safe to buy the stock on this price level.
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
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....
hstha
3,324 posts
Posted by hstha > 2017-07-10 20:25 | Report Abuse
Historical prices
https://www.google.com/finance/historical?cid=1066637989879327&startdate=Jan+1%2C+2016&enddate=Jan+31%2C+2016&num=30&ei=D7xTWeGJHMSCuQSH-o2IBQ
Jan 27, 2016
open 0.12 (multi year low)
high 0.20
close 0.18