Don't just read the title of a news, especially if it is from an unfamiliar source.
Permaju Industries Bhd and Anzo Holdings Bhd will work together via a joint venture to fabricate and expand the latter’s glove manufacturing plant in Manjung, Perak, so it could generate more than US$400 million in revenue a year.
Alarm #1 - How does a Motor Trader & Timber help to fabricate glove? https://www.permaju.com.my/ The principal activities of Permaju Industries Berhad are the provision of management services and investment holding. The principal activities of the subsidiaries are trading of motor vehicles and provision of related services, properties development and timber plantation.
Many small fish still don't know the story of Harvest Court turned Anzo. If you knew them, then you know that news came out from them must not believe them 100%, they're famous for creating many sensational story that attracts your attention.
Why big shark left in a hurry ? Surely they already gained a lot from Anzo in less than two weeks and scared their trick exposé in the public. If the deal is genuine why must sell now ? Should wait until the price went up to 50 cents or more.
The copper deal is from CSTME who came in, told a lie, made money & now will go to jail. BOD just announced the copper deal as advised by CSTME so no trouble. But they announced the Glove deal so if they tell lies, BOD will be in trouble
CDTME in or out is immaterial It’s the copper deal that’s important for Anzo to kickstart their business income plan Glove business will be in the deal that will make huge profits. I think this week we will know the outcome
#Fundamental123 > Jul 12, 2020 3:58 PM : Fair warning, but the listing of market buzz dated 10 July is far more alarming. If this still doesn't hit the alarm, nothing else could do better. You did your part well to forewarn, the rest is upto each individual appetite.
At first, copper business never mentioned cancelled, it is just purely ceased significant SHAREHOLDER-CSTME RESOURCES SDN BHD. Secondly, 14days due should be 17th July 2020 based on 3rd July 2020 TERM SHEET whereby mentioned had binding replied to Bursa Query. On 3rd July 2020, Anzo had paid 2%(RM1.1mil) to WINTRADE, will it continue settle 8% by end of 17thJULY2020? Will it roller COASTER upcoming week (13th-17thJULY2020)?
He cannot cancel copper deal . If he does it’s pure market manipulation & he knows it. So he probably had a plan ie buy first then copper deal then glove deal, then sell one round to make huge profits, then panic people cos he buy back cheaper n laugh at us stupid people
Cstme cease to be substantial share holder , may b demanded by their customers to avoid any conflict of interest. Some customers don't want to deal with jack of all trade
Think about the difference between the date of disposal and The date of notice on CSTME last Friday that were not on the same date for announcement . Which mean delay in announcement :)
Do you think glove and copper operator gangs are different gangs ? Why put yourself in the risky counter, Anzo at pushed- high-price like RM0.20 under your risk mgt ? Definitely, experienced players will not.
All are the same gangs. Its analysing their game plan. Watching their moves & hoping one at least go to jail for market manipulation. Already caught but finding a way out with minimum damage.
Agents of the gangs have crawled out of the woodwork spreading fear. Knew it. It's finally out so that means very red then very green............cos try to panic retailers to cut loss. By this coming Friday, glove news will be out
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....
chow79
16 posts
Posted by chow79 > 2020-07-11 21:33 | Report Abuse
look like no other good new for anzo..monday will drop until amount.....