yesterday highest is 26cents and no joke. I am wondering why today mother drop so much the WB almost same price range with mother. Mother oversold or WB over value. Hope tomorrow got more sales below 20cents
Anzo Holdings Bhd (Anzo) has attracted an Indian-based steel maker who is understood to have placed and order to buy copper scrap from the timber-turned-copper supplier worth in the region of RM500 million. Anzo Holdings Bhd (Anzo) is rumoured to have received orders for medical gloves worth in the region of US$200 million from the United States and Europe and is expected to start the supply towards the end of this year.
I am glad that Bursa has came up with detailed n specific queries for the intended acquisition of the assets. This showed that Bursa is itself very suspicious about Anzo conduct. Most of the answers given by Anzo are rubbish. How can the purchase price being determined at RM55 million when Anzo has yet to conduct a market valuation on these assets to be purchased? Why there isn't any profit guarantee provided by the Seller? It is IMPOSSIBLE for 9 production lines to produce 100 million of gloves per month. Not even Top Glove can achieve that quantity. Really hope Bursa will suspend this counter and carry out an investigation to protect investors.
Angelo... Just have lot hate on this counter.. Probably she has lost lot... Anyway.. Already made good profit since last Friday.. Tis counter jus started and way to go out... 40 cent
Rakuten88 Top Glove has 700 production lines producing 78.7 billion gloves per year. That is 112.5 million pieces per year for 1 production line or 9.4 million pieces per month. 9 production lines can only produce a max of 84.6 million pieces per month. Anzo claims it can produce 100 millions gloves per month with 9 production lines. Use common sense pls.
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....
garylim19
13 posts
Posted by garylim19 > 2020-07-08 17:54 | Report Abuse
sold all hahaha