Despite challenging economic conditions, the outlook of construction section in Malaysia should remain strong for year 2017 with on going stream of mega projects to be launched by Government and private sector. The Group is confident that it will benefit from some of these proposed projects. At present, the Group has successfully secured construction order book of RM311 million and has recently received the letter of intent from KL Northgate for the Paragon@KL Northgate 18-acre mixed development project in Selayang with an estimated contract value of RM1.2 billion. The Group is currently working with MCC Overseas (M) Sdn Bhd (“MCC”) to jointly undertake the construction of the Project. The Group will continue to build the competitiveness of our timber services and construction business while remaining focused on operational efficiency and productivity so that satisfactory results are achieved in the current financial year. http://www.malaysiastock.biz/Company-Announcement.aspx?id=997596
My return is more than 100% this year. As VenFx has spread fake news about Anzo over four months, the stock price has plunged. It's time for the stock price to recover from his fake news.
His fake news include dilution of the stock and a statement saying the boss is crooked. A pump and dump scheme was a substantial share holder before, but it is not anymore. And there is no proof that the company has something to do with the pump and dump scheme.
I believe what you have been doing not correct. Without any proofs you have been spreading fake news and false statements… It’s not what normal people do.
Most companies want to offer rights issue when their stock price is high. But it is wrong to think a pump and dump scheme and Anzo deliberately raised the stock price. When the stock price was high, Anzo offered a rights issue.That's all. It's not like Anzo asked the pump and dump scheme to raise the stock price. I have never heard that a pump and dump scheme and the company they invest in have something to do with each other.
it is clear that those operator who keep pressing teh share down are working for ANZO. ANZO should take all measured to ensure satisfaction of its share holders, or else face the consequences..
i suggest all of you who queu at 0.10 or 0.105 to buy better use yoru money elswere..there is no hope here..unless these queus are for the operator..buying and selling himself like crazy..
KUALA LUMPUR (Sept 26): Global financial services company Credit Suisse Group AG through its unit Credit Suisse Securities (Europe) Ltd has emerged as a substantial shareholder in Permaju Industries Bhd with a 5.17% stake.
In a filing to Bursa Malaysia today, Permaju said Credit Suisse Securities had purchased the 9.68 million shares, representing a 5.17% stake in the company, on Sept 21.
Sabah-based Permaju through its automotive division is involved in the distribution of Volkswagen and Ford franchises. The group is also involved in property development activities.
The company is controlled by the Chai family, namely brothers Datuk Chai Kin Loong, Tan Sri Chai Kin Kong and Chai Kim Chong, who control some 18% of the company.
Kin Kong is also the chairman of property developer Aset Kayamas Sdn Bhd. His son Datuk Eddie Chai Woon Chet is the managing director of Bursa Malaysia-listed Anzo Holdings Bhd.
Permaju shares dipped 0.5 sen or 1.5% to 33.5 sen at noon market close, with 719,100 shares changing hands.
Anzo is not so bad. For short-term traders, a 5%-10% increase is easily attained. For long-term investors, they need to wait a bit, but downside risk is limited.
So greedy shark, eat all, leave nothing to any one, risking to create a very bad reputation for decent ANZO loyal people.. shark should bare in mind and give some take som..
But if someone like VenFx tried to lower the stock price intentionally, that is a problem, so the company should file a suit against VenFX. Otherwise, loyal Anzo share holders will not be satisfied.
VenFx and the North Korean pig are similar. They cannot observe any risk associated with events correctly. Their brains, especially their frontal lobes, are most probably damaged. Plus their intelligence levels are not high.
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 > 2017-09-24 21:58 | Report Abuse
With penny stocks back to dominate the volumes list, the heady scent of fear and greed is once again palpable.
Could this be the last round of song and dance before the “feel good” budget is announced on Oct 31?
http://www.thestar.com.my/business/business-news/2017/09/16/strong-inflows-into-malaysian-market/#W7U8SXSPPdge3fLE.99