I'm quite sure that the next QR will be good as the construction sector has been booming.

KUALA LUMPUR: Nomura is bullish over Malaysia's economic outlook and the strength of the ringgit for the remaining of the year, despite an imminent general election (GE).

Having previously forecasted a 3.6% growth in gross domestic product(GDP) for the second half of the year, Euben Paracuelles, senior economist of Nomura Holdings Inc, revised his forecast to 5.3%, owing the revision to stronger exports and wading political noise, amongst others.

The ringgit on the other hand is expected to stand at RM4.32 to US$1 by year-end before strengthening to RM4.26 by the end of 2018.

"Malaysia is looking fairly optimistic for the rest of the year even though we are looking at political uncertainties," Paracuelles said while alluding to the upcoming GE.

Nomura expects the ruling government to retain its mandate to rule in the next GE.
http://www.thesundaily.my/news/2017/07/03/nomura-positive-malaysia-amid-political-uncertainties

http://www.klsescreener.com/v2/news/view/250781

Buy construction stocks for 2H2017.

Better 2H growth outlook will support Najib's bid to stay in power — Nomura | http://www.klsescreener.com/v2/news/view/251205

Dolly_Chai2 has not seen a single constructive comment made by you.

You can not ignore the fact.

Even Tai KT complained about you... Most your posts aimed to mislead people.

Don't believe Apollo Ang. He's an infamous troll.

Dolly_Chai2 wrote:


Dolly_Chai2 Apollo Ang.. I have not seen a single constructive comment made by you, which is supported by real fact... On the contrary, folk like Skliew has shown us real fact...

Which point/info that was shared by Skliew was wrong?
If you act like a mature adult, you should point to us which part of it was wrong instead of simply talking nonsense like that...

i really wonder what your intention/personal agenda is...
03/07/2017 15:54

Immediate hurdle for Anzo at 26 sen, says AllianceDBS Research
http://www.klsescreener.com/v2/news/view/245225

Maybank IB Retail Research

Anzo’s wholly-owned subsidiary Harvest Court Construction S/B was appointed as the main contractor for the work of revitalization of Hot Spring, Selayang, Batu Caves, Selangor. The project, which is worth MYR10.2m, is expected to be completed by 9 Jan 2019. Note that this is a related party transaction.

With this job win, the group has secured MYR119m worth of jobs YTD, which is equivalent to 9.6x FY3/17 revenue. In May, the group was also appointed as the main contractor for Phase 2 of the Porto De Melaka Hotel and Resort development (contract value: MYR109.3m).

It appears that Anzo is aggressively building up its pipeline. Recently, it has entered into a collaboration agreement (CA) to develop a 2.87 acres land at Petaling Jaya into a car showroom center with four blocks of office tower. It also entered into another CA to develop an e-commerce fulfilment hub. In Apr, the group also received a letter of intent from KL Northgate for the development of Paragon@KL Northgate which has an estimated contract value of MYR1.2b.

With a construction order book of MYR311.3m, the CAs and LOI mentioned above, Anzo is set to build a stronger footing for FY3/18. Note that the group has finally returned to black in 4QFY3/17 after 16 consecutive quarters of losses.

Valuation wise, the stock is trading at 1.8x P/BV, higher than its 3-year historical average P/BV of 1.4x. Note that warrants are not included in BV/sh computation as they are out-of-the-money. Despite the rich valuation, interest on the stock should improve going forward as Anzo is poised for a turnaround.
14/06/2017 11:54

XOX and Anzo are different companies. The managing director is the same person, though.
XOX is a tech company, while Anzo is not.

XOX's stock price has been gradually declining in the long run.
That's also different.

XOX's rights issue entitlement date was 18 Jan 2016.
The smallest value between 18 January 2016 and 21 October 2016 was 0.13.

i3trader, why do you think CariDuit is patient investor? I told him that he seemed like a fortune teller. And he wrote we are better than the dumber of the dumb.



And I did not say dilution would not be taking place. I wrote that rights issue had been priced in.

I have not sold the stock yet. I don't understand why he felt he had achieved a triumph.

I think he is another idiot.

I will not sue you as i dont mind short time fluctuation and im not obsessed with a small loss.

Please sue Apollo Ang, i3trader,happy888 and VenFx!

One thing I noticed that some people here misled traders about rights issue.
The stock has priced in rights issue several times excessively They continued threatening trades with rights issue over a month.

On July 2013 Anzo gained funding through rights issue. The subscription price was RM 0.25. The entitlement date was 30 July 2013. The stock price was RM 0.23 on 3 September 2013.

http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=9342

Now the stock price is RM 0.14 with recent many good announcements and the last good QR.
The subscription price was RM 0.20. The stock is too oversold. The stock price should at least RM 0.20.

If what adamant says right, i will be quite subjective if i write negative comments on Anzo when an operator is pumping the price.

Being objective or subjective does not depend on recent price movement.

As long as their comments are objective compared to others, they are ok.

Apollo Ang - His comments always aim to mislead people here.
i3investor - He has been writing negative comments almost every day over a months. He has not traded Anzo for a long time, but he bears a grudge agaist Anzo.
happy888- He lost money for trading Anzo, but since then he has been writing negative comments repeatedly
VenFx - He is a joke! No need to mention him. Haha
01/07/2017 12:06

There are a lot of people here who mislead investors. For instance, VenFx, Apollo Ang, i3investor, happy888, etc.

My portfolio value is represented in USD.

As far as I remember, I lost USD 4,200 for trading Anzo, but I got profit of USD 23,200 shortly for trading other stocks, so my net profit was about USD 19,000 when I posted a comment.

Compared to profit i gained from trading other stocks, the loss i have made so far for trading Anzo is quite small.

I did not lose much money for trading this stock. Im still ok.

You can forecast the stock price from future
QRs. But you cannot forecast future QRs from the company's recent prices. Thats why it's quite meaningless to forecast the stock price in one year, not in one month.

We usually assume log X is normally distributed, where X is the stock price.
You cannot derive such forecasts from the distribution at all.

The writer should not mislead people.

http://www.theedgemarkets.com/article/klci-trade-range-bound-bargain-hunting-possible

The writer wrote when most world stocks surged, malaysian stocks were
expected bounded in a range. And KLCI did not consolidate when most world markets were bullish. Today KLCI was bearish as most world markets were bearish, but KLCI should have consolidated on Thursday.

SateMan, you can decide. There are no stocks you should buy.

No one knows where a bottom is, so buying the stock on monday should be good.
I subscribed to RI at a price much higher than the current price.

Lim Sip Yee, that's good. you are a good speculator. I think the stock price will rebound to RM 0.17 or 0.18 soon, but it may take time to rebound to 0.30. I will wait for the stock to rebound to RM 0.30.

This is a high risk stock, so you can aim at a higher return. 0.17 or 0.18 is a minimum you can expect.

It's good that due to high volume a lot of weak holders have been replaced by speculators who wanted to buy the stock on this price level. Many speculators want to buy the stock on this price level, say, between 0.13 and 0.15.

The stock price is likely to rebound as long as the stock price stays on this price level. The number of weak holders reduced dramatically during the last two days.

If very few people want to sell the stock on this price level, the stock price will rebound eventually.

Apollo Ang likes to mislead people. Read his posts. Almost all his posts aim to mislead people. I subscribed to RI at 0.20.

Im not ryotan. His writing style and stocks he owns are very different.

Speculators can collect the stock at a very low price now.

VenFx is not somebody.

Sell the stock. Weak sign.

http://m.thesundaily.my/node/457087

Check the article

The stock price cannot plunge so fast. Im sure the stock will surge after hitting a bottom.

http://m.thesundaily.my/node/457087

On July 2013 Anzo gained funding through rights issue. The subscription price was RM 0.25. The entitlement date was 30 July 2013. The stock price was RM 0.23 on 3 September 2013.

http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=9342

Now the stock price is RM 0.14 with recent many good announcements and the last good QR.
The subscription price was RM 0.20. The stock is too oversold. The stock price should at least RM 0.20.

Im sure you guys don't know Black Scholes equation. Haha

Immediate hurdle for Anzo at 26 sen, says AllianceDBS Research
http://www.klsescreener.com/v2/news/view/245225

Maybank IB Retail Research

Anzo’s wholly-owned subsidiary Harvest Court Construction S/B was appointed as the main contractor for the work of revitalization of Hot Spring, Selayang, Batu Caves, Selangor. The project, which is worth MYR10.2m, is expected to be completed by 9 Jan 2019. Note that this is a related party transaction.

With this job win, the group has secured MYR119m worth of jobs YTD, which is equivalent to 9.6x FY3/17 revenue. In May, the group was also appointed as the main contractor for Phase 2 of the Porto De Melaka Hotel and Resort development (contract value: MYR109.3m).

It appears that Anzo is aggressively building up its pipeline. Recently, it has entered into a collaboration agreement (CA) to develop a 2.87 acres land at Petaling Jaya into a car showroom center with four blocks of office tower. It also entered into another CA to develop an e-commerce fulfilment hub. In Apr, the group also received a letter of intent from KL Northgate for the development of Paragon@KL Northgate which has an estimated contract value of MYR1.2b.

With a construction order book of MYR311.3m, the CAs and LOI mentioned above, Anzo is set to build a stronger footing for FY3/18. Note that the group has finally returned to black in 4QFY3/17 after 16 consecutive quarters of losses.

Valuation wise, the stock is trading at 1.8x P/BV, higher than its 3-year historical average P/BV of 1.4x. Note that warrants are not included in BV/sh computation as they are out-of-the-money. Despite the rich valuation, interest on the stock should improve going forward as Anzo is poised for a turnaround.
14/06/2017

Not many people are pessmisstic about the stock as the stock have priced in extra negative things.
Tomorrow will be a good day for Anzo!

The stock price may not drop to RM 0.13. Nobody knows it...
Even if the stock price drops to RM 0.13, the stock price is likely to be higher in 30 days than the current price, so it does not matter much if you buy the stock at 0.13 or 0.14.


Odds to move above current price in 30 days> 99%
https://www.macroaxis.com/invest/priceProbability/9342.KL

XOX is a tech stock, while Anzo is not.
Anzo and XOX 's fundamentals are different.

emil,

That means many weak holders were replaced by speculators who bought the stock at 0.14 or 0.15.
That 's good for the stock to consolidate. Nobody knows where a bottom is, so buy the stock tomorrow!
The stock is likely to rebound without hitting 0.12. More investors are willing to buy the stock at a higher price than 0.12.

Check Dufu.
http://www.theedgemarkets.com/article/dufu-may-move-higher-says-rhb-retail-research

I strongly believe that the stock will start rebounding tomorrow or next week. I am optimistic about Anzo!

Don't sell the stock at a very low price.

Rights issue is offered every 4 years.

Announcement about RM 1.2 billion construction job should be soon.