Posted by huatgorgor > 2020-08-10 09:59 | Report Abuse

After gold price, then metal and copper will be the next.
All this eventually will fly high. You can see the difference in Oct2020. I always follow Datuk Chai from XOX to Anzo, and he never let us down. Just that shark all got control and outplayed by him

Posted by strattegist > 2020-08-10 10:16 | Report Abuse

stagnant

Posted by JohnFook > 2020-08-10 11:16 | Report Abuse

Lucky Anzo did not go into glove

Posted by ngyewchai76 > 2020-08-10 11:26 | Report Abuse

Chai still active in Anzo dealing to look out ventures

Posted by ngyewchai76 > 2020-08-10 11:28 | Report Abuse

He must be earn a lot from price gap for Overseas Enterprise

Posted by mdfadly > 2020-08-10 11:38 | Report Abuse

This company worth alot more. Wait for the action

Posted by menort > 2020-08-10 13:37 | Report Abuse

gold up copper price go down.

Copper deal until now not materialize.

Glove have been cancelled.

Dont waste time on this Pn17 company.

The director setting a nice new trap to a newbies before disposed all his share.

Posted by ngyewchai76 > 2020-08-10 14:20 | Report Abuse

Sabah a lot of potential gold which Chai family have land can try on like Bahvest

Posted by pharm612 > 2020-08-10 14:38 | Report Abuse

Anzo is not a PN17 company .It's under 8.03A whereby it doesn't have a major/core
business . Anzo has 14 months to find/takeover/build a core business that contribute
the most other than construction , copper , timber door etc ,Anzo is actively looking
for a profitable major/core business to be injected into Anzo's portfolio for long term.
The recent corporate takeover of Oversea by Anzo's MD Chai ,China fintec deal for
XOX ,copper deal for Anzo etc is a prelude to many more corporate deals especially for
Anzo .

Posted by pharm612 > 2020-08-10 15:28 | Report Abuse

Copper price has been on a bullish trend .From March to July 2020 ,it climbed 50%
from USD 4300 to USD 6300 per metric tonne on the LME.and estimated to hit
USD 6800 in the coming months .The bullish trend in the red metal was further
supported by China's scrap copper import quotas .Copper scrap accounts for a huge
chunk of the global copper market .Due to strict cap on copper scrap (started in 2018)
global copper market went into deficit , Moreover supply disruptions of copper in
Peru and Chile ( key copper producing nations) may boost copper price to trade higher
in a month's time .

Posted by mdfadly > 2020-08-10 15:32 | Report Abuse

Way oversold

Posted by pharm612 > 2020-08-10 15:54 | Report Abuse

In April 2016 , Anzo entered into supply agreement with Yuan Resources to supply
steel scrap for 60 months at total contract value of RM 100 million . Anzo was trading at
RM 0.20 . A year later in April 2017 , Anzo's share rose to RM0.60 .
The copper supply is ongoing and already started in July 2020 .There is no need for
shareholder's approval for the copper deal because CSTME sold out as substantial shareholder in order not to trigger related party transaction (RPT) .There is a huge possiblity that CSTME
may come back strongly as substantial shareholder since the copper deal is highly profitable and they are the AP holders for copper export .

Posted by strattegist > 2020-08-10 15:57 | Report Abuse

red

Posted by strattegist > 2020-08-10 18:04 | Report Abuse

closed red

Posted by JohnFook > 2020-08-10 19:19 | Report Abuse

Thnks pharm612....you appears as a well read person

Posted by ngyewchai76 > 2020-08-11 08:08 | Report Abuse

Copper price up 2.87% in almost 2 weeks

Posted by strattegist > 2020-08-11 09:56 |

Post removed.Why?

Posted by pharm612 > 2020-08-11 10:46 | Report Abuse

Fundamentally , Anzo's QR shows 4 rising quarterly consecutive improvement
.Anzo's turnaround began in July 2019 and started registering yoy improvement
every QR . Anzo's revenue also has been on bullish trend every QR . Net profit
is also on the uptrend .Earning per share is expected to be positive this coming QR.
No debts , Anzo is flushed with cash from previously concluded right issue and is using
it judiciously to fund the right project with good profit margin .Any bad deals or unprofitable
project is terminated to protect Anzo's bottom line .Financing good deals is not a problem,
All this do not even include copper business yet and other new construction projects.
Anzo's CEO has managed to put Anzo on the right path to profitability and future
expansion .

Posted by Daham1968 > 2020-08-11 11:50 | Report Abuse

Afternoon.

Posted by strattegist > 2020-08-11 12:00 | Report Abuse

stagnant

Posted by Miz Raya Bloom > 2020-08-11 22:11 | Report Abuse

sabo aje le

Posted by pharm612 > 2020-08-12 10:30 | Report Abuse

Anzo's net asset value is RM 0.1589 per share .
Anzo's cash in hand is RM 0.0088 per share which anounts to RM 78.49 million.
Anzo is presently cash rich and looking for the right acquisitions.
Anzo's BOD decision to terminate the glove business is justified as Russia has
found the COVID 19 vaccine and glove industry may be heading into a deep glut
due to overexpansion .

Posted by strattegist > 2020-08-12 10:41 | Report Abuse

red

Posted by blabla > 2020-08-12 11:28 | Report Abuse

Goreng conman

Posted by strattegist > 2020-08-12 12:38 | Report Abuse

red

Posted by Daham1968 > 2020-08-12 16:53 | Report Abuse

Really stupid...

Posted by ngyewchai76 > 2020-08-13 08:29 | Report Abuse

Anzo can get new shareholder to push up the price as MD did not respond well own company

Posted by Miz Raya Bloom > 2020-08-13 08:42 | Report Abuse

glove industry sampai moon cake industry

Posted by huatgorgor > 2020-08-13 09:24 | Report Abuse

Not much selling queue, seems something coming

Posted by mdfadly > 2020-08-13 10:03 | Report Abuse

Chai on buying spree. No worries

Posted by pharm612 > 2020-08-13 10:40 | Report Abuse

Anzo's total asset is RM 155 million.
Anzo's total liabilities is RM 13 million .
That means a whopping RM 142 million surplus in asset which translate to RM0.159 per share.
Anzo is presently trading at a huge discount to NTA .
Adding to the increase in copper prices , timber future prices also skyrocketed 173% from
USD 250 in April 2020 to USD 681.40 presently .
Anzo has 22 units of auto control kiln dried sawn timber plant with FSC status under its
sunsidiary Quantum Pro which is capable of processing 60 to 120 tons of timber .
70% of treated timber is exported whereas 30% is used for moulding and trading .
Anzo is also a one stop center for sawn timber exporters where sawn timbers are kiln dried,
treated ,bundled into containers and inspected by MTIB before exported .

Posted by strattegist > 2020-08-13 12:14 | Report Abuse

maintain

Posted by Daham1968 > 2020-08-13 13:37 | Report Abuse

Let see second half

Posted by strattegist > 2020-08-13 15:18 | Report Abuse

stagnant

Posted by Daham1968 > 2020-08-13 15:39 | Report Abuse

Start...

Posted by strattegist > 2020-08-13 17:30 | Report Abuse

closed green

Posted by ngyewchai76 > 2020-08-13 19:35 | Report Abuse

Anzo still have timber business like Minho ?

Posted by ngyewchai76 > 2020-08-13 19:35 | Report Abuse

On top of copper deals ? another timber company buying spree

Posted by ngyewchai76 > 2020-08-13 19:36 | Report Abuse

Ah Chai got any new ideas pumping ?

Posted by strattegist > 2020-08-14 09:24 | Report Abuse

stagnant

Posted by Daham1968 > 2020-08-14 13:20 | Report Abuse

Pundek

Posted by strattegist > 2020-08-14 15:36 |

Post removed.Why?

Posted by ngyewchai76 > 2020-08-15 23:28 | Report Abuse

Ask Chai to shore up his shares by MGO Anzo better than Overseas loss making

Posted by menort > 2020-08-16 23:52 | Report Abuse

If director disposed all his share many will blood cry.

How many want to get bitten twice with Anzo scam.

Sell it fast before the shareholder disposed this week.

Posted by CUTLOST > 2020-08-17 00:49 | Report Abuse

Cut lost.. Expected will hit 50% off from the price

Posted by strattegist > 2020-08-17 10:04 | Report Abuse

red

Posted by Miz Raya Bloom > 2020-08-17 11:07 | Report Abuse

ada satu aning dalam hollywood movie The Art of Racing in the Rain nama ANZO. Movie je takde kena mengena dengan kaunter ini. Apa pasal merah EDDIE? kan ke ada glove factory ada mooncake manufacturing, bila nak up, kasi limit up la

Posted by strattegist > 2020-08-17 12:38 |

Post removed.Why?

Posted by mdfadly > 2020-08-17 15:23 | Report Abuse

buy when ppl scared

Posted by pharm612 > 2020-08-17 16:23 | Report Abuse

Anzo Undiscovered Copper Gem
Anzo's copper export business hit the right spot when global demand for copper
increased tremendously .Copper price has surged 40% due to global shortage .
The insatiable demand is created by electric vehicle and its battery . One electric
vehicle needs 40 kg of copper approximately 10000 times requirement for a handset .
Demand for copper foil is expected to increase from 140000 ton to 250000 ton by 2025 .

A Tesla car need 45000 ton of copper whereas a normal car only need 18-49 pound of
copper ..A battery electric bus need 814 pounds of copper . Copper is undergoing a
massive bull market now . SK Holdings from South Korea energy and telecoms conglomerate invested 270 billion won and later 100 billion won in China's Lingbao Wason copper foil (world largest manufacturer of copper foil which is used as a negative electrode current collector in a lithium ion battery ) recently .

The number of electric vehicles is projected to increase to 17 million by 2025 and 32 million
by 2030 . Chile and Peru can only supply 8 million ton of mined copper due to disruptions by COVID 19 whereas global copper demand exceeds 28 million ton per year.The rest of it is supplied by scrap copper .

Anzo has been supplying scrap copper for export to Postco Korea through AP holder CSTME
for 45 days already starting from July 1st 2020.Based on estimates , Anzo should have
supplied around 15000 ton of copper scrap which is valued at RM 15 -18 million by now .