Sound like he can't even mean what he talk or didn't realised what he has already bought ... he shouldn't be in this field . Probability of Lost is too high if not the highest. He can be a good Tower light I guessss... or he guesssss ... .. .
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 0.12 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.
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
yes, qua kut Venfx! this orang hstha has been promoting this product for so long and yet sales are no good!!! yes, i stay away! terima kasih Venn kelana warning!
The stock will be diluted with a small number of shares costing at 0.115, so the stock price should be over 0.115. The price after 0.115 is 0.12. That's why the stock price should be over or equal to 0.120.
It's good that the stock price has stayed around 0.12 for some time. Weak holders have been replaced by many speculators. when there is not many weak holders anymore, the stock price is going to consolidate.
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 0.12 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.
SiS is another trick, to let silly retailers like hstha aka tecpower & many his iDs a fake hope ... cant believe he buy all the con stories painted by the crooked bossies all this while ...
The construction sector has been booming. I don't think it will take three years to move back to 0.20. In the worst scenario, it may take around 8 months to move back to 0.20, though.
I will be damned,for months I didnt check and suddenly drop until this level? I bought 20,000 for 0.295 And now its 0.115 losing at 0.18, so the question is,should I sell now or keep holding it and see what happen? OR should I buy more at 0.115 price and keep for years to come? Well, I will buy more 0.115 - 0.08 and see how. Thats gamble
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....
VenFx
14,784 posts
Posted by VenFx > 2017-07-19 21:38 | Report Abuse
Sound like he can't even mean what he talk or didn't realised what he has already bought ... he shouldn't be in this field .
Probability of Lost is too high if not the highest. He can be a good Tower light I guessss... or he guesssss ... .. .