all these comparisons with past data, movements la, apa la. You guys forgot one crucial thing, Anzo is a lot heavier now. 803 mill total shares.

"how come so many still selling low.. what make them do such think and how many share are still open to be sold at this low price? it has been almost 8 weeks of selling..low, low,low, it should stop. andwhy there is no clarification from ANZO main share holder? some one is collecting, same person or same group..so if thsi true, than one day the share will rise like hell, with no stop even above 0.6..." GM68

Because everyday got contra player who thought they can get their prediction right everytime and time a rebound, but the sharks, the main market marketmakers have either left already, or left their shares to sleep. Who else got money to ensure price move upwards without collapsing back to lower level? Contra players?

I'm not involved in this counter. Only forum side.

Betta68, all the best. I'd like to see that happen. Better still, if they are forced to reimburse all the investors who got trapped by their game. There was one guy who lost 80k in a few days time and then there was Ivan2222.

exactly stockistlearner. Now there's more shares in Anzo for the syndicates to squeeze out from the hands of retailers. Btw, this is not negative thinking, but realistic. Positive thinking is nice and all but can't deny the reality of the stock market especially for a stock like this.

no matter how clever you think you are, you can't fight the market and apparently you don't have the fund to change its course.

All have been discussed and said months and months ago. Retailers are small fish so why keep saying surge la, apa la unless you have money like KYY then you can say up or down.

Buy after rights issue. When new shares are introduced, dilution happened. Simple.

Angelo, this is typical move to entice people to subscribe. People who bought or got OR for free as shareholders, they have until 9th June to subscribe/pay for the new shares. After that, Anzo don't have to put up a pretty facade.

No money from RI, where can they get money for project?

If you bought the OR off the market, you got very little choice, let it burn or simply subscribe. If you got it for free, as a shareholder, then do nothing also can.

7 eleven is different case. The rights issue for Anzo was announced last year. This 7e just this last April. Anzo needs the rights issue because they need money for the coming projects. No money no proceed.

I would defend Anzo if it wasn't manipulated as much as last month. But all this talk about pushing mother's price to get people to subscribe, are full of nonsense and then what? They gonna let price collapse again so their goreng geng can swallow more?

Attitude and strategy. Retailers don't have as much money as the syndicate to manipulate the price. Better move is, if you believe in Anzo, wait until rights issue is done.

most of us here discussed about this counter from 1-2 months ago. So up to you. Can spend some time reading pro/cons.

Reminder: OR last date to be traded is tomorrow. People buy OR with the intention to get mother at cheaper than market price.

After rights issue, there will be another additional 655 mill new shares. What do you think the price will be? Retailers would be better off buying after that. Why worry now.

Plus they've played enough tricks.

Buns, http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=9342 have at it. Digest it all you want. Like I said, if you believe in its future, then buy after new shares have been listed. I speak from a retailer's POV. It went up without any news because bankers pushed it. And then the dive. When OR came out, they wanted the public to push so they churn out good news because bankers won't subscribe. Bankers wont give money when highly likely price will plummet on the day new shares are introduced.

Anzo has yet to prove anything. Think for retailers.

For retailers, if you believe in Anzo's future, wait until new shares are listed. That would probably be safest time. Why now? Simple as that.

happy888, exactly! I posted before, I was confused why Anzo did what it did when it had a rare chance to build a good rep amongst investors who are confident with the +ve market sentiment all around. Now, they drained investors and want to ask money some more.

the one that gives dividend with superior fundamentals, and only 180 million shares? We compare with kgroup because of the method they use to entice investors to buy.

if retailers believe in the future of anzo, then buy after new shares are introduced. Now, let the syndicate pay for the funding for projects thru the OR subscription lah.

Ryotan11, total cost = cost of buying OR + cost to subscribe by paying RM0.2 for each OR you want to subscribe. On new shares listing day, direction of price will most likely downwards first. See what happened to kgroup. Struggling to make it past 0.05. That's why I said, syndicate will not subscribe.

lilyherry7973 because they want to use the public to push price up. They don't want to use syndicate to push price up. Syndicate will not subscribe, they're only here to goreng.

Do you know what OR is for? and how long it will be in the market?

Let the syndicates drive the price up, let them subscribe, that's the best for us retailers at this moment.

That's too high for short term target. Assuming, 100% subscription, total no of shares for mother will be total now + 655 mill shares. Price will be diluted. EPS will be wayy diluted.

When you got OR, can subscribe already. Just ask your remisier/broker.
If you ask me, people stop talking negatively simply because there's no need to. It's collapsing on its own. I was trying to defend buying this earlier but I think I was making a fool of myself.

normal t4 reaction

I think, everything, everyone said on i3investor here should be taken with a pinch of salt. I've seen too many people saying they know insiders. When it comes to money, most would say anything. If you really know insiders, then good for you lah.

Confusing times for Bandar Malaysia. Luckily I didn't have time to join market lately. All the best to those inside.

Reminds me of the syndicate at Anzo. That's what they did. Overpressed.

I think they are putting pressure on contras.

iwcity/malton people joined huat?

at the moment, this counter is the only one with a firm news. Oh well, may you guys huat to the sky.

so should be around 58.5 sen

http://www.theedgemarkets.com/article/sabah-approves-priceworths-logging-plans "will immediately start logging operations" wow...congrats shareholders.

t4?

may I know how you know damiantreez? I can't monitor market full time. Appreciate it.

All the best you guys, you can't even berak if you entered this haha.

Ed Win, on the 26th May, you will find Anzo-OR in your portfolio. This is your rights. The no of rights should be as per the 4 to 6 ratio. You can trade it in the market just like any other stocks but only for a period from 26th May 2017 to 1st June 2017.

eventhough I'm not in this one...the drama really terrifies even the people who monitors..

hmmm I might be late to the scene..but I think this can go further :) http://www.thestar.com.my/business/business-news/2017/05/12/aminvestment-maintains-buy-on-mrcb-ups-fair-value-to-rm1-89/

is this the next rocket to the moon?

Atarah, one of the few theories I have in mind is, operator is controlling mother's price below certain level so that son's price will not move or becomes cheaper. That way, they can attract Asiabio or other big players who might be aware of Netx's future plans to buy warrants and later, when enough warrants are in the giants hands, they move mother's price, and then these giants exercise their warrants and Netx will get monies.

At the moment, I don't know what is the best way. I don't hold any Anzo. Personally I don't like what they've done past few weeks. It created a certain reputation in my mind. But I'm open to changes.

If you don't subscribe, you don't get new shares and new warrants.

Ed Win, you are correct.

the greatest weakness about penny stocks is they attract too many contra who trade beyond their financial capability to hold. That's why on t4 for a trading day with high volume, everybody becomes anxious if sharks don't move. One throw can trigger landslide. Sharks laughing only.

On the 26th May 2017, you should find the rights in your portfolio. Can sell or can subscribe. Can contact your remisier/broker/investment bank or can read through the whole document for the how and where.

Jessieps, I think you misunderstood the whole thing. Every shareholder in Anzo whose name appear on the list of shareholders on the 25th May 2017 list, will be given the rights to subscribe (meaning pay for) new Anzo shares at Rm0.2 per share.

How many are you entitled to? For every 4 existing shares you have, you can subscribe 6 new shares at Rm0.2 PER share. You will get the new shares including 3 free warrants on the 23rd of June 2017.

If you don't want, you can sell the rights between 26th May 2017 until 1st June 2017, 5 trading days, on the market. It will be called Anzo-OR.

So for example, you have 4 shares, now you can pay RM0.2x6 for 6 more shares instead of paying the market price now. Increasing your shareholding. But....

edited some mistakes.

the volatility in this one is crazy. You guys got really strong hearts.