Can anyone in this forum can share either your optimistic view on this stock. Or can also share if you have doubts or any issue that has kept this stock price low and still continue to deteriorating. Worth or Useless - just want to hear what do you think of Anzo?
Nobody will know where the bottom price will be. That's why u need a trade plan to get rid of human emotions. U think the operator will push it so low for u to pick up? Even it is at 5 sen, he will stack up tonnes of buying vols and u can only queue behind. So near and yet so far!
As many of you were trying very hard to mislead traders yesterday and today, I think 0.115 is a bottom. If you are confident that the stock price will plunge, why do you need to try to persuade investors not to buy the stock persistently?
RM 0.120 ---------- 0.830x P/BV RM 0.115 ---------- 0.795x P/BV RM 0.110 ---------- 0.760x P/BV If the stock price drops to RM 0.110, the Share Issuance Scheme of the Company will be null as the exercise price is RM 0.115, so no dillution will be taking place. The stock price, therefore, will move back to RM 0.120.
The stock price has been moving like a penny tech stock without any good fundamentals recently. In other words, the last good QR and a construction orderbook have not been priced in yet, so they will be definitely priced in near future.
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.
Mid-cap stocks, which have a market capitalisation of between RM300 million and RM1 billion, and small-cap stocks, categorised as those with a market capitalisation of below RM300 million, have a higher upside and are expected to outperform stocks with bigger market capitalisation, due to higher volatility. On initial public offerings (IPOs), Yee said he is still optimistic. http://www.thesundaily.my/node/463967
Ahaaa ! hstha keep pull down it's base line , hahaha !
hstha aka gooman aka tecpower .... U hv been hard selling Anzo from $0.300 till $0.115 today; Those bang by the hit can claim reimbursement from u kah ?
0.11 --- 0.760x P/BV You can wait until the end of next month. Don't get affected by people here. They don't trade Anzo. Don't sell the stock at too undervalued a price.
M 0.115 ---------- 0.795x P/BV RM 0.110 ---------- 0.760x P/BV If the stock price drops to RM 0.110, the Share Issuance Scheme of the Company will be null as the exercise price is RM 0.115, so no dillution will be taking place. The stock price, therefore, will move back to RM 0.120.
The stock price has been moving like a penny tech stock without any good fundamentals recently. In other words, the last good QR and a construction orderbook have not been priced in yet, so they will be definitely priced in near future.
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 0.11 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.
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 > 2017-07-24 12:52 | Report Abuse
VenFx, you don't even understand what normal 10-year old boys can understand.
It's not like salt water will be dilluted with water.
If it is dilluted with stocks costing at 0.20 and the stock price is 0.22, the fair stock price after dillution should be between 0.20 and 0.22.
VenFx wrote:
Hence, the $0.120 shud divided proportionally by ÷ 2.5 factor .
Thus, the the renewed lowest ahter the huge dilution = $0.05 (Cautious That !)