I remember when Calvin Tan was promoting PM Corp in the beginning, he liked to give high target prices and he invited attacks and cynical remarks from other forumers.
So, never promote a counter with high target prices. Just state facts and/or comments backed up with facts.
For Pm Corp Calvin promoted it at 15 sen with a promise of a Cash Payout.
And i was correct. Pm Corp gave out a Cash payout of 8 sen. So all who bought at 15 sen after deducting cash of 8 sen are now holding pm Corp at 7 sen cost only.
See Calvin also promoted Prestar at 50 sen with a modest target price of Rm1.00 which is 100% upside. This one already exceeded 100%
When I said high target prices, I meant in earlier days u gave out high target prices such as $150(or something like that) to be achievable for PM Corp in 10 years time.
This type of target price is sure to invite cycnical remarks. I am not against you. I am using this just to illustrate my point.
Value investors have preferred price-to-earnings ratio, or P/E, for generations as a means to identifying value stocks. However, in case of loss-making companies that have a negative Price-to-Earnings ratio, the Price-to-Sales or P/S ratio is considered in determining their true value.
By time, it reach 0.08 ; ccmeow capital has vanished by at least 40% .
LESSON LEARNT :
like plane2016 said, average down is a bad strategy. Esp. Counter extremely speculated like Anzo , most retailer easily fall in these kind of self ego trap.. I wonder how there us no cut lost point ler ... Worsen is , pump their hard earned money into Crooked Bossi counter.
STRATEGY : quickly cut lost and swap capital to good management & trusted companie .
If you were the grand-master of mix martial arts like legendary Bruce Lee, which can take down multiples opponents in a fight and if your opponent ( crook boses) is holding a gun, run ! don't fight. No matter how good you are in the iron fits, one gun bullet going to bring you to graveyard. No way the fist can win bullet.
All the so called FA & TA will be useless.
If you opponent is holding the machine guns ( the red chip China-con companies ), please run ASAP to your safety.
Those killed for challenging the opponents by using bare hand while they are holding gun & machine guns, no one going to pity you if you got killed. Onlookers will say, "dai sei , men chi yan dei you chuen, chun oii hoi sung meng"
Wow, the vol traded is still low at 163,100 shares. If this continues, it will set the World Guiness record as being one of the lowest daily vol traded for a manipulative stock.
I have already pointed out pathetic vol traded in the morning and until 14.50 hours, when it was only 163,100 shares traded.
At 10 sen, who would be throwing down 1 million shares for 1 min only? Not many ordinary shareholders own this type of vol. If a big shareholder throws down 1 million shares, u think the price would still be at 10 sen.
So, my experience tells me this was most likely done by the operator to confuse the retail investors.
Haha.....I use my analytical power to make informed decisions
Guys, see snapshot from ANZO latest Annual report page 11 posted on bursa malaysia site. its ANZO who is behind the recent share value...Am I correct or not??
Review of Financial Results and Operating Activities
We had an encouraging year with achievement in significant milestones in the construction projects awarded. During the year, we have successfully been awarded: a) RM109.3 million of the Melaka Phase 2 project, this is in addition to the RM153 million Melaka Phase 1 contract that the Group has won in FY 2016; and b) RM10.17 million of Hot Spring, Selayang project. The Board is pleased to announce that the Group has achieved an increase in revenue by 195% to RM11.9 million (FY 2016 : RM6.1 million) and reduced in loss after tax by 56% to RM4.7 million (FY 2016: RM10.8 million). The improvement in the above financial results is mainly due to construction billings for commencement of Melaka Phase 1 project and lower one off expenses in current year.
The Company has implemented par value reduction during the financial year to change the par value of ordinary shares from RM0.25 to RM0.10 pursuant to Section 64 of the Companies Act, 1965. Subsequent to the par value reduction exercise, the issued and paid up share capital of the Company has reduced from RM74.04 million to RM29.62 million. The resulting credit arising from the capital reduction was used to reduce the Company’s accumulated losses by RM37.70 million. Apart from the above capital reduction, the changes in FY 2017 financial position is in line with those increase in operating activities.
The Company has implemented par value reduction during the financial year to change the par value of ordinary shares from RM0.25 to RM0.10 pursuant to Section 64 of the Companies Act, 1965. Subsequent to the par value reduction exercise, the issued and paid up share capital of the Company has reduced from RM74.04 million to RM29.62 million. The resulting credit arising from the capital reduction was used to reduce the Company’s accumulated losses by RM37.70 million. Apart from the above capital reduction, the changes in FY 2017 financial position is in line with those increase in operating activities.
Telling lies under the day light ? Or u treat the crowd as sillyvas u ? To let crooked bossi counting your money, since u hard sell here from 0.600 to 0.100 ?
VenFx, That's my forecast. I'm not a liar. You are. Why do you need to negate my forecast? It has not happened yet. You write only negative comments on Anzo everyday.
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 > 2017-08-02 10:30 | Report Abuse
Who is still selling the stock? Haha