ANZO HOLDINGS BERHAD

KLSE (MYR): ANZO (9342)

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13 people like this.

14,790 comment(s). Last comment by OMR@obm_4558 2 months ago

Good123

26,432 posts

Posted by Good123 > 2020-10-08 12:10 | Report Abuse

if the coming quarterly results, remain profitable, share price should recover

apolloang

18,163 posts

Posted by apolloang > 2020-10-08 12:11 | Report Abuse

march only 1ct

Good123

26,432 posts

Posted by Good123 > 2020-10-08 12:20 | Report Abuse

march? many stocks also a fraction of current price,

AdCool

3,864 posts

Posted by AdCool > 2020-10-08 13:15 | Report Abuse

This counter is potential for bull run if:

1. Post at least a million profit for next quarter
2. Private placement successfully executed with most to par down debts and biz expansion
3. Secure another copper supply biz as claimed by New Strait Times in Sept news report

Next, you can set a TP if Anzo delivered below results:

1. 1 million profit per quarter, EPS 0.11 (PE 15: 0.66 PE20: 0.88)
2. 1.5 million profit per quarter, EPS 0.165 (PE 15: 0.99 PE20: 1.32)
3. 2 million profit per quarter, EPS 0.22 (PE 15: 1.32 PE20: 1.76)

The TP above is only possible if Anzo delivered those results with no other external negative factors.

Sharkey

2 posts

Posted by Sharkey > 2020-10-08 14:30 | Report Abuse

Start collecting to average down the price since the proposal is good to shareholders. It's just matter of time for the share price to go up. Perhaps Anzo is not just goreng goreng counter anymore if the proposal fully executed. This proposal also a very good explanation to fight the backstabbing by Edge.

Good123

26,432 posts

Posted by Good123 > 2020-10-08 15:30 | Report Abuse

it seems anzo will be profitable from here. need money, just private placement to interested parties

Good123

26,432 posts

Posted by Good123 > 2020-10-09 09:28 | Report Abuse

Eddie might bring biz from oversea to anzo too :) Change in Boardroom
OVERSEA ENTERPRISE BERHAD

Date of change 07 Oct 2020
Name DATUK CHAI WOON CHET
Age 42
Gender Male
Nationality Malaysia
Designation Director
Directorate Executive
Type of change Appointment
Qualifications
No
Qualifications
Major/Field of Study
Institute/University
Additional Information
1
Diploma
Business Economics

Good123

26,432 posts

Posted by Good123 > 2020-10-09 09:30 | Report Abuse

the contract was real :) On behalf of the Board of Directors of Anzo (“Board”), TA Securities Holdings Berhad (“TA Securities”) wishes to announce that the Company proposes to undertake the following:



(i) proposed conditional supply agreement dated 5 October 2020 between Anzo Trading Sdn Bhd (a wholly-owned subsidiary of Anzo) (“Anzo Trading”) and CSTME Resources Sdn Bhd (“CSTME”) for the supply of birch/cliff copper scrap or berry/candy copper scrap as per the Institute of Scrap Recycling Industries’ (“ISRI”) specifications (“Products”) to CSTME (“Supply Agreement”);



(ii) proposed shareholders’ ratification of the related party transactions entered into with CSTME for the supply of the Products (“Proposed Ratification”);



(iii) proposed diversification of the existing business of Anzo and its subsidiaries (collectively, “Anzo Group” or the “Group”) to include trading of industrial materials and related business (“Proposed Diversification”); and



(iv) proposed private placement of up to 231,480,400 new ordinary shares in Anzo (“Anzo Shares” or the “Shares”) (“Placement Shares”), representing approximately 25% of the enlarged number of issued Anzo Shares (excluding treasury shares, if any) (“Proposed Private Placement”),



(collectively, referred to as the “Proposals”).



Please refer to the attachment for further details of the Proposals.



This announcement is dated 6 October 2020.

Good123

26,432 posts

Posted by Good123 > 2020-10-09 09:44 | Report Abuse

foresee good thing is near. friendly parties are going to be substantial shareholder/s. (iv) proposed private placement of up to 231,480,400 new ordinary shares in Anzo (“Anzo Shares” or the “Shares”) (“Placement Shares”), representing approximately 25% of the enlarged number of issued Anzo Shares (excluding treasury shares, if any) (“Proposed Private Placement”),

Good123

26,432 posts

Posted by Good123 > 2020-10-09 09:45 | Report Abuse

interior design n construction of all oversea restaurants in malaysia or abroad will be handled by anzo probably

Good123

26,432 posts

Posted by Good123 > 2020-10-09 09:46 | Report Abuse

positive for anzo too. Focus Dynamics has signed a heads of agreement with Oversea to embark on an international expansion plan and brand enhancement strategy for the Oversea restaurant brand.

The agreement sees both parties collaborating resources, skillsets, investment and experience to execute an international network of new age Chinese restaurants, under the Oversea banner.

The venture sees Focus Dynamics and Oversea building a collaborative brand “EMP by Oversea”.

The plan includes the opening of eight new international restaurants in global metropolises; New York, Las Vegas, London, Paris, Sydney, Shanghai, Hong Kong and Singapore.

"These locations have been targeted for their diversity, urban sophistication and being a truly global destination, all the hallmarks of the Oversea brand we will be creating.

Good123

26,432 posts

Posted by Good123 > 2020-10-09 09:49 | Report Abuse

synergy between anzo and oversea biz. handle all its interior design n construction of outlets. Anzo Holdings Bhd is an integrated contractor and timber service provider in Malaysia. The company has three segments that drive the operations, Timber Product Manufacturing, Construction and Property Development, and Investment Holding and Others. Timber division engages in sawmilling, manufacturing of timber doors and related products. The Construction and Property Development division focuses on construction and interior design fit up works and related maintenance services. Its Investment Holding segment invests in shares and securities and provides marketing and management services. The majority of its revenue is derived from the Construction business.

Good123

26,432 posts

Posted by Good123 > 2020-10-09 09:50 | Report Abuse

copper contract Ada juga. no reason tak pulih Dalam harga saham. (i) proposed conditional supply agreement dated 5 October 2020 between Anzo Trading Sdn Bhd (a wholly-owned subsidiary of Anzo) (“Anzo Trading”) and CSTME Resources Sdn Bhd (“CSTME”) for the supply of birch/cliff copper scrap or berry/candy copper scrap as per the Institute of Scrap Recycling Industries’ (“ISRI”) specifications (“Products”) to CSTME (“Supply Agreement”);



(ii) proposed shareholders’ ratification of the related party transactions entered into with CSTME for the supply of the Products (“Proposed Ratification”);

Good123

26,432 posts

Posted by Good123 > 2020-10-09 09:51 | Report Abuse

balik 10sen anytime

Good123

26,432 posts

Posted by Good123 > 2020-10-09 12:27 | Report Abuse

highly potential, all new shares sapu by friendly parties via private placement. takda right issue

Good123

26,432 posts

Posted by Good123 > 2020-10-09 12:27 | Report Abuse

touched 10sen just now

Good123

26,432 posts

Posted by Good123 > 2020-10-09 12:41 | Report Abuse

back 13sen first, don't expect immediate rise to 26sen lie b4 :)

Good123

26,432 posts

Posted by Good123 > 2020-10-09 14:07 | Report Abuse

potential one, placement private to friendly parties :)
For cash-strapped corporates, private placements can allow them to raise cash quickly through dealing directly with investors, even though they may get lower valuations than via the public markets.

KUALA LUMPUR: Malaysia’s corporates are turning to private share placements to raise funds as demand for public listings of bonds and stocks wanes and banks cut back on their lending.

The Southeast Asian nation’s stock exchange saw 151 deals in the first nine months of the year, compared with 76 in the same period of 2019, according to data compiled by Bloomberg. Volumes jumped 25% to 1.41 billion ringgit ($339 million), the data show.

For cash-strapped corporates, private placements can allow them to raise cash quickly through dealing directly with investors, even though they may get lower valuations than via the public markets. The fund-raising situation has become more acute as Malaysia’s export-driven economy contracted the most since the 1998 Asia financial crisis amid the pandemic.

Coupled with falling commodity prices, a shrinking economy has put a strain on corporate earnings and cash flows. Many of the companies doing private placements had losses in the recent quarter and will likely remain weak in coming months, said Bharat Joshi, an investment director who oversees the Southeast Asian region at PT Aberdeen Standard Investments Indonesia.

Tighter Funding

"Banks are unlikely to extend credit to these companies, which results in them raising from private placements instead of paying a hefty premium in the bond market, ” said Jakarta-based Joshi.

Companies in Malaysia aren’t alone in facing a tighter funding situation: some Indonesian publicly listed firms have also been resorting to rights offers and private share placements.

Malaysia Bond Arrangers Brace for Slump Despite Record Low Rates

Southeast Asia’s IPO Market Shows Signs of Revival: ECM Watch

Malaysian corporates were only able to raise 4.15 billion ringgit on the local stock exchange through primary and secondary offerings as of Sept. 30, a 43% drop from the comparable period in 2019. Bond sales in all currencies fell 13% to $28 billion.

"Private placement shall continue to be an attractive avenue to raise funds for public-listed companies, subject to availability of investors, regardless of the equity-market conditions, ” said Roslan Hj Tik, Kuala Lumpur-based executive director at Kenanga Investment Bank Bhd. - Bloomberg

Good123

26,432 posts

Posted by Good123 > 2020-10-09 14:29 | Report Abuse

unbelievable :)

Good123

26,432 posts

Posted by Good123 > 2020-10-09 14:33 | Report Abuse

SUMMARY OF KEY FINANCIAL INFORMATION
31 Jul 2020

INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
Three Months
Three Months
Twelve Months
Twelve Months
01 May 2020
To
01 May 2019
To
01 Aug 2019
To
01 Aug 2018
To
31 Jul 2020
31 Jul 2019
31 Jul 2020
31 Jul 2019
$$'000
$$'000
$$'000
$$'000
1 Revenue
20,026
1,721
35,563
6,218
2 Profit/(loss) before tax
15
-827
-1,372
-3,537
3 Profit/(loss) for the period
34
-808
-1,294
-3,459
4 Profit/(loss) attributable to ordinary equity holders of the parent
34
-808
-1,294
-3,459
5 Basic earnings/(loss) per share (Subunit)
0.00
-0.09
-0.15
-0.39
6 Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.1599
0.1625

Good123

26,432 posts

Posted by Good123 > 2020-10-09 14:34 | Report Abuse

already profitable

Good123

26,432 posts

Posted by Good123 > 2020-10-09 14:34 | Report Abuse

NAV ~16sen

Good123

26,432 posts

Posted by Good123 > 2020-10-09 14:35 | Report Abuse

revenue per quarter rm20mil just the start

Good123

26,432 posts

Posted by Good123 > 2020-10-09 14:36 | Report Abuse

syer bagi friendly parties... tak payah right issue. menguntungkan

Good123

26,432 posts

Posted by Good123 > 2020-10-09 14:54 | Report Abuse

sudden jump is possible

Good123

26,432 posts

Posted by Good123 > 2020-10-09 14:55 | Report Abuse

expecting a better quarterly results to be released next month. friendly parties get the shares, good timing bto fly too

Good123

26,432 posts

Posted by Good123 > 2020-10-09 19:52 | Report Abuse

don't worry, Eddie would bring more biz deals to anzo . after xox, anzo will be next :) KUALA LUMPUR (Oct 9): NetX Holdings Bhd has proposed to supply up to 1,000 contactless payment terminals to facilitate cashless and e-wallet payment solutions via DGB Networks Sdn Bhd’s next-generation artificial intelligence vending machines. 
 
The IT services provider told Bursa Malaysia that its subsidiary GEM Pay Sdn Bhd has entered into a collaboration agreement with DGB Networks for the venture. 
 
DGB Networks is primarily involved in the business of parcel delivery and collection services for the electronic commerce sector and retail sale of any kind of product through vending machines. 
 
NetX said the one-year agreement is expected to have a positive contribution to its earnings, net assets and gearing. 
 
In a separate announcement, NetX said it is mulling a business arrangement to provide and rent to XOX Media Sdn Bhd of up to 1,000 contactless payment terminals and/or cashless e-wallet payment solutions to be incorporated into smart vending machines. 

The group said it has signed a memorandum of understanding on this matter with XOX Media, which is wholly-owned by XOX Bhd. 

XOX Media is primarily involved in the business of telecommunication products and services, mobile application services and e-wallet services. It has now further ventured into the business of smart vending machines. 
 
NetX’s share price rose two sen or 10.34% to 16 sen today, bringing its market capitalisation to RM33.57 million.

Posted by David Coperfield > 2020-10-10 17:46 | Report Abuse

Dont waste time on a fake penny stock syndicate control

Posted by David Coperfield > 2020-10-10 17:48 | Report Abuse

same group of geng play around at the end all U-TURN to the squad. Be careful

Posted by David Coperfield > 2020-10-10 17:49 | Report Abuse

Pls read carefully announcement from BURSA:-
We refer to our first announcement dated 11 October 2019 and subsequent anouncements dated 25 October 2019, 1 November 2019, 2 December 2019, 2 January
2020, 6 January 2020, 3 February 2020, 2 March 2020,1 April 2020, 2 April 2020, 4 May 2020, 1 June 2020, 1 July 2020, 3 August 2020 and 1 September 2020.


In compliance with the Company's obligations under the MMLR, the Board of Directors of Anzo wishes to inform that there is no material development on the status as
previously announced.


The Company has approximately 12 months to submit its regularization plan to the relevant authorities for approval and will make further announcements in relation to
any latest development in accordance with the requirements under Paragraph 8.03A of the Listing Requirements.

Good123

26,432 posts

Posted by Good123 > 2020-10-11 10:37 | Report Abuse

MULTIPLE PROPOSALS ANZO HOLDINGS BERHAD ("ANZO" OR THE "COMPANY") (I) SUPPLY AGREEMENT; (II) PROPOSED RATIFICATION; (III) PROPOSED DIVERSIFICATION; AND (IV) PROPOSED PRIVATE PLACEMENT (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
ANZO HOLDINGS BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description ANZO HOLDINGS BERHAD ("ANZO" OR THE "COMPANY")

(I) SUPPLY AGREEMENT;

(II) PROPOSED RATIFICATION;

(III) PROPOSED DIVERSIFICATION; AND

(IV) PROPOSED PRIVATE PLACEMENT

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
On behalf of the Board of Directors of Anzo (“Board”), TA Securities Holdings Berhad (“TA Securities”) wishes to announce that the Company proposes to undertake the following:



(i) proposed conditional supply agreement dated 5 October 2020 between Anzo Trading Sdn Bhd (a wholly-owned subsidiary of Anzo) (“Anzo Trading”) and CSTME Resources Sdn Bhd (“CSTME”) for the supply of birch/cliff copper scrap or berry/candy copper scrap as per the Institute of Scrap Recycling Industries’ (“ISRI”) specifications (“Products”) to CSTME (“Supply Agreement”);



(ii) proposed shareholders’ ratification of the related party transactions entered into with CSTME for the supply of the Products (“Proposed Ratification”);



(iii) proposed diversification of the existing business of Anzo and its subsidiaries (collectively, “Anzo Group” or the “Group”) to include trading of industrial materials and related business (“Proposed Diversification”); and



(iv) proposed private placement of up to 231,480,400 new ordinary shares in Anzo (“Anzo Shares” or the “Shares”) (“Placement Shares”), representing approximately 25% of the enlarged number of issued Anzo Shares (excluding treasury shares, if any) (“Proposed Private Placement”),



(collectively, referred to as the “Proposals”).



Please refer to the attachment for further details of the Proposals.



This announcement is dated 6 October 2020.

Good123

26,432 posts

Posted by Good123 > 2020-10-11 10:37 | Report Abuse

all issues will be overcome with this latest developments

BFA9039

114 posts

Posted by BFA9039 > 2020-10-11 15:07 | Report Abuse

Hopefully

Good123

26,432 posts

Posted by Good123 > 2020-10-12 08:34 | Report Abuse

supplying copper scrap to copper recycling plants in the green industry. good biz. many copper mines are affected by covid worldwide

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-10-12 08:59 | Report Abuse

DETAILS OF THE PROPOSED DIVERSIFICATION
Anzo Group is principally involved in investment holding, provision of management service, property development, construction and trading of construction materials, provision of marketing services, provision of timber processing services, timber kiln drying, sawmilling and marketing sawn timber (“Existing Business”). The Group has recently rationalised its business activities to improve operation’s efficiency whereby Anzo Trading will be the trading arm of the Group’s trading business to undertake the trading of construction materials and copper scrap.
Simultaneous with the execution of the Supply Agreement, the Group intends to diversify its existing business into trading of industrial materials and related business (“Trading Business”). At the initial stage of the Trading Business, the Group intends to focus on trading of metal (such as copper scrap).
Although the Group does not have prior experience in the Trading Business, the Board believes that the Group has the capacity, capabilities and resources to diversify into the Trading Business after taking into consideration the experience of the Company’s Managing Director, namely Datuk Chai Woon Chet (“Datuk Chai”), who spearheads the Group’s expansion into the Trading Business. He is supported by Pang Jiunn Chiang, the Company’s Project Director.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-10-12 09:22 | Report Abuse

Based on p/b value~0.5 only although anzo is profitable based on the recent quarterly report

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-10-12 09:23 | Report Abuse

At current price, seem reasonable compared to 26sen high recently. Sudah turnaround, biz tak rugi macam dulu

Good123

26,432 posts

Posted by Good123 > 2020-10-12 09:38 | Report Abuse

Recycled commodities are a key global manufacturing feedstock that meets about 40% of the
world’s industrial raw material needs. Worldwide, manufacturers consume about 900 million MT
of scrap each year. About 20% of that volume, or nearly 180 million MT, is a result of global trade
in scrap.
Recyclers categorise metal scrap as ferrous, made from iron and steel or nonferrous, which includes
aluminium, copper, lead, zinc, nickel, and tin. Precious metals such as gold, silver, and platinum
also are commonly recycled nonferrous metals.
Copper remains a vital commodity used in construction, electrical equipment, transportation,
consumer goods, and other products. Copper combines well with other metals, such as tin, lead, and
zinc, to form metal alloys. Bronze and brass are two of the most common copper alloys, but
hundreds of others have been created for the specific properties they can provide.
Scrap prices are subject to many of the same market forces as primary (virgin) commodity prices,
thus they experience similar price volatility. Domestic and global manufacturing demand, changes
in currency markets, transportation supply and prices, energy prices, trade barriers, and the cost and
availability of comparable virgin commodities are all factors that can affect the price of scrap
commodities.
China and Hong Kong purchased 35% of U.S. copper scrap in 2018, compared with 72% in 2017.
Other important overseas markets for U.S. copper scrap exports in 2018 included Malaysia (up
2,053% from 2017, to 119,573 MT), Canada (down 1.5%), South Korea (up 129%), Japan (up
165%), and India (up 94%).
(Source: Recycling Industry Yearbook 2019, ISRI)
China is short of copper scrap. This is largely a problem of its own making. China has steadily
restricted imports of a material of officially designated as “waste” during its broader war on
pollution. Beijing had intended to ban all copper scrap imports in the same way it has already locked
out other forms of “foreign garbage” such as used plastic. The government has since relented under
pressure from its own copper sector, which was panicking about the loss of a major component of
China’s copper supply chain. Imports of higher-grade copper scrap have been reclassified from
“waste” to “resource”. Other things being equal, China’s copper scrap imports would be expected
to recover from their depressed levels to fill any gap.
China’s imports of U.S. copper scrap imploded to 89,000 tonnes last year from 352,000 tonnes in
2018, according to the country's customs department. What the United States used to ship to China
it now sends to Malaysia, the hub of a new off-shore industry converting lower-grade scrap to
Chinese import specifications. U.S. exports to Malaysia mushroomed from 120,000 tonnes in 2018
to 221,000 tonnes last year, according to International Trade Centre figures. In 2015, the export
flow to Malaysia totalled just 613 tonnes. This is a redirection of lower-grade material once destined
for China or its back door in Hong Kong. Last year’s shipments from the U.S. to Malaysia had an
average content of 31%. Malaysian processors dismantle and clean this material before purifying
it into a form of copper that meets Beijing’s new “resource” thresholds. Malaysia has emerged as
the largest supplier of copper scrap to China, accounting for 18% of total imports last year. The
calculated content of the material averaged a high 89%. It is, however, simply U.S. supply in
disguise. The world’s biggest exporter is still shipping to China but, thanks to Chinese scrap and
trade policy, now via Malaysia.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-10-12 09:56 | Report Abuse

Good, place it out to friendly parties at 9sen+ or higher :)


Proposed diversification into copper supply

Anzo proposed to undertake:

1) a private placement of up to 231m new ordinary shares in Anzo representing approximately 25% of the enlarged number of issued shares;

2) a diversification into the trading of industrial materials and related business; and

3) a conditional supply agreement between Anzo’s wholly-owned subsidiary Anzo Trading S/B and CSTME Resources S/B to supply copper scrap as per the Institute of Scrap Recycling Industries’ specifications.

Based on an illustrative issue price of MYR0.0932 per placement share, the group will raise up to MYR19.4m for: 1) working capital (MYR14.0m); 2) other administrative and operating expenses (MYR5.0m) and 3) expenses related to the placement exercise (MYR0.4m).

The new venture could reduce dependency on its existing business.

Good123

26,432 posts

Posted by Good123 > 2020-10-12 10:01 | Report Abuse

private placement to kawan, tak payah bagi public :)

Good123

26,432 posts

Posted by Good123 > 2020-10-12 10:40 | Report Abuse

Dah untung, jualan rm20mil just the beginning.

<%-- for fixing scrollbar--%>
Save Print Back

9342 ANZO ANZO HOLDINGS BERHAD
Consolidated results for the financial period ended 31/07/2020
Quarter: Others
Financial Year End: 30/09/2020
Report Status: Unaudited
Submitted By:
3 Months 3 Months 12 Months 12 Months
01/05/2020 to 31/07/2020 01/05/2019 to 31/07/2019 01/08/2019 to 31/07/2020 01/08/2018 to 31/07/2019
RM '000 RM '000 RM '000 RM '000
1 Revenue 20,026 1,721 35,563 6,218
2 Profit/Loss Before Tax 15 (827) (1,372) (3,537)
3 Profit/(loss) attributable to ordinary equity holders of the parent 34 (808) (1,294) (3,459)
4 Net Profit/Loss For The Period 34 (808) (1,294) (3,459)
5 Basic Earnings/Loss Per Shares (sen) 0.00 (0.09) (0.15) (0.39)
6 Dividend Per Share (sen) 0.00 0.00 0.00 0.00
As At End of Current Quarter As At Preceding Financial Year End
7 Net Assets Per Share (RM) 0.1599 0.1625
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

18/09/2020 07:00 AM


Ref Code: 202009183100219

Good123

26,432 posts

Posted by Good123 > 2020-10-12 10:51 | Report Abuse

quarterly revenue already rm20mil , profitable, private placement to raise ~rm20mil, biz is back to normal, regularized, further boost soon.

Good123

26,432 posts

Posted by Good123 > 2020-10-12 10:52 | Report Abuse

update on this soon Anzo bags RM1.5bil copper scrap deal? - New Straits Times

15 Sep 2020 — Anzo Holdings Bhd may have bagged a new contract worth RM1.3 billion to RM1.5 billion to export copper scrap to Japan .

Good123

26,432 posts

Posted by Good123 > 2020-10-12 10:59 | Report Abuse

otw :)

Date Close Volume
09/10/2020 0.09 15,261,700
08/10/2020 0.095 7,539,100
07/10/2020 0.09 24,316,500
06/10/2020 0.085 1,833,000
05/10/2020 0.09 3,832,800
02/10/2020 0.085 5,743,100
01/10/2020 0.085 5,327,400
30/09/2020 0.09 8,988,600
29/09/2020 0.09 8,075,500
28/09/2020 0.09 11,184,000
25/09/2020 0.09 9,302,100
24/09/2020 0.095 12,215,400
23/09/2020 0.095 15,707,800
22/09/2020 0.095 31,078,800
21/09/2020 0.10 51,103,900
18/09/2020 0.115 14,515,700
17/09/2020 0.12 110,350,500
15/09/2020 0.14 232,446,800
14/09/2020 0.09 13,560,600

Good123

26,432 posts

Posted by Good123 > 2020-10-12 15:15 | Report Abuse

During the quarter under review, the Group’s Revenue and Gross Profit increased by 10.6 times and
almost 15 times respectively compared to the previous year’s corresponding period. This was mainly
due to the contribution made from the new copper scrap trading business from the trading division,
which provided RM15.6 million (2019 4Qtr: nil) turnover during the quarter.
The timber division was badly affected by the Movement Control Order (MCO) which came into effect
from March 2020. This was evidenced by its contribution of only RM0.7 million (2019 4Qtr: RM1.5
million) turnover during the period.
In line with the improved operating results, the Group achieved a small Profit before tax of RM0.02
million compared to a Loss Before Tax of RM0.8 million in the previous year’s corresponding quarter.
For the year to date, and as a result of the trading business explained above, the Group’s Revenue
and Gross Profit improved and saw an increase to RM35.6 million and RM2.3 million respectively.

Good123

26,432 posts

Posted by Good123 > 2020-10-12 15:19 | Report Abuse

be patient, it could be higher than xox. anzo is already profitable

Good123

26,432 posts

Posted by Good123 > 2020-10-12 18:27 | Report Abuse



KUALA LUMPUR: Bursa Malaysia stayed in the red the whole of Monday as investors worried about the impact of fresh curbs imposed by the government to curb the spread of the Covid-19.

At 5pm, the KLCI was down 11.92 points or 0.78% to 1,518.43. Turnover was 5.97 billion shares valued at RM3.82bil. There were 498 gainers, 573 losers and 400 counters unchanged.

In late afternoon, Datuk Seri Ismail Sabri Yaakob announced that Selangor, Kuala Lumpur and Putrajaya will be placed under the conditional movement control order (MCO) from this Wednesday until Oct 27.

Under the CMCO, most industries will be allowed to operate normally but schools, daycares, places of worship, parks, sporting activities, social activities, weddings and entertainment outlets are off-limits. However, inter-district travel is only allowed for work purposes with proper identification issued by employers.

On the global front, more than 37.42 million people have been reported to be infected by the novel coronavirus globally and 1,074,688​ have died, according to a Reuters tally.

At Bursa, Consumer stocks bore the brunt as Nestle fell the most, down RM1.10 to RM139.10, F

Good123

26,432 posts

Posted by Good123 > 2020-10-12 18:28 | Report Abuse

probably more people returns to market to trade :)

JohnFook

569 posts

Posted by JohnFook > 2020-10-12 18:59 | Report Abuse

Good123.....any idea when ANZO price will go up?

JohnFook

569 posts

Posted by JohnFook > 2020-10-12 19:00 | Report Abuse

I see you all tirelessly write but when price will go up????

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