Agree@linheng. Just go and buy 17cent for 10000units. Try it out. Up to you to believe the agreement. If it is true, RM390 million revenue per year. 10% profit is RM39 million per year. At current price of 17 cent; projected PE in Y2021 is 5 to 6. Offcourse, if it is true/or even half true, price will move up, so it's PE.
I personally don't believe it will go up. Just look at the sell quantity vs buying quantity. By demand and supply, the demand is about 4 times lesser than the supply. When demand is smaller than supply, the price will go up? How?
Road block @0.165 . Ppl who r too excited & cannot wait all jump in 0.17 to buy. After stocks almost finished. Replenished stocks @0.17 for innocent ppl to grab.
@PaktuaFan REMINDER. Selling & buying scrap copper is a valid business in Shah Alam & Klang area. Anzo is probably in it with the Korean; but no body know how much untill Anzo publish its financial report next.. NST reports 60000 tons for 40 months.
pastor why u didn't recommend this stock when 1ct? if u bought like netx and became top 30 shareholders now u make a few millions.btw who bought at 1ct at least a million shares? hehe
every thing is possible in Bursa, but when MM has eaten enough decided to throw, it will free fall within mins. the higher the risk is higher. that's all..
Anzo supply copper to CSTME. Anzo said that CSTME is commited to Posco Korea. So i suppose the "foreign investor" is Posco itself. But the agreement is between Anzo & CSTME, why not Anzo directly with Posco?
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....
Smart2Win
126 posts
Posted by Smart2Win > 2020-06-26 10:27 | Report Abuse
Agree@linheng. Just go and buy 17cent for 10000units. Try it out. Up to you to believe the agreement. If it is true, RM390 million revenue per year. 10% profit is RM39 million per year. At current price of 17 cent; projected PE in Y2021 is 5 to 6. Offcourse, if it is true/or even half true, price will move up, so it's PE.