Today, the play is keenly on Iskandar Wcity, after so hard hammering in the past few days by the big sharks. Punters/traders are currently chasing high.....no time for other things.
Sharks were quick to jump on the bandwagon and punters/traders rushed to join the party too. Just a few days ago, it was hammered down really hard by big sharks. Today, it is on a rollercoaster ride up. Sharks can really brighten up or spoil one's day.
See ? Before SiS today , hstha aka tecpower said $0.200 is a dam safe level for Anzo; Today he change his parameter again by lowering Anzo's so call safety line to $0.115 only .... Why keep changing ? Or he don't know what he talk at all ???
Still acting like a Pro here ? My primary 3 knowledge can do better than him ....
As I said 'bottom not seemed yet' as the Crooked Bosie has re-engineered the base through huge dilution ... and today's another SiS announcement is simply another smoke screen to lured some sochai like hstha aka tecpower .
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 0.115 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.
I agree with Hstha that ANZO is oversold. This is further validated by its technical charts. But sometimes, a counter may stay in an oversold zone for a long while until the operator changes the game plan, or a positive catalyst appears or a majority shareholder buys up the shares aggressively in the open mkt, etc.
There is no need to worry so much about the share price on a day-to-day basis. Mkt will readjust itself over time.
wow.. still at this level.. dun worry more counters to join anzo very soon.
Warning: If you bought counters that up everyday, pls take profit before sorry, eg MLAB. I will keep my mouth shut if someone asking which counter(s) otherwise will be bombarded and label as jealous la, want collect at low price la etc etc.. good luck.
Anzo is likely to surge after a good announcement or before or after the next QR. I think the next QR will be quite good. The construction setor has been booming this year. Anzo's quarters ending on 30 June followed by quarters ending on 31 March tend to be better than previous quarters ending on 31 March.
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....
apolloang
18,163 posts
Posted by apolloang > 2017-07-17 23:15 | Report Abuse
tecpower remember to throw 100 share at 11.5cts at 9am ok.....hahaha