The stock price will move up to RM 0.50 in 1 - 3 months.

a lot of losers who lost huge money 1 months ago are still here. That's bad for the stock's price movement. haha

Don't sell the stock now. the stock price will surge again.

Oversold,

panic selling.

Here's how to calculate Ex-rights value per share.

Let's say you own 1,000 shares in Wobble Telecom, each of which is worth $5.50. The company is in a bit of financial trouble and sorely needs to raise cash to cover its debt obligations. Wobble therefore announces a rights offering, in which it plans to raise $30 million by issuing 10 million shares to existing investors at a price of $3 each. But this issue is a three-for-10 rights issue. In other words, for every 10 shares you hold, Wobble is offering you another three at a deeply discounted price of $3. This price is 45% less than the $5.50 price at which Wobble stock trades. (For further reading, see Understanding Stock Splits.)




1,000 existing shares at $5.50 $5,500
300 new shares for cash at $3 $900
Value of 1,300 shares $6,400
Ex-rights value per share $4.92 ($6,400.00/1,300 shares)


http://www.investopedia.com/articles/stocks/05/062905.asp

0.25 is likely a lower bound of a range where the stock has been.

I usually wait for a result at least 10 - 30 days.

The stock might have been bounded in a range. In that case we need to wait for the stock price to surge.

In those cases there were no good factors like amazing QR that could offset right issues.

You don't have to worry about right issues. I expected the stock price will surge to 0.5 in 1-3 months with right issues. Without right issues it would surge to more than 0.55.

http://www.investopedia.com/articles/stocks/05/062905.asp

I think right issues will be completely offset by the good latest QR, the company's growth prospects and investors' sentiments.

Bursa Malaysia to trend higher on improved sentiment | http://www.klsescreener.com/v2/news/view/233753

stock info:

The Anzo's revenue jumped from RM 1,691,000 to RM 7,581,000 in the last quarter.
It was one of Top 10 Active Counters on Friday

market info:


The Dow was up 0.69% on Friday.
Oil price was up 1.99% on Friday.

-----------------------------------------------------

BUY the stock on Monday!

Unlikely! You should learn a relative valuation method. The stock price never fell below 15 cents during the past 5 years. How do you expect it will fall below 15 cents? Your DCF? Forget about investing in stocks. Haha

Forget about IWCity. For now buy Anzo holdings. A 100% return in a month is possible!

I cannot buy DNEX now. The stock price is too high. Maybe i will buy the stock after the coming QR.

For now buy Anzo holdings. A 100% return in a month is possible!

The stock price is too high. I cannot buy the stock now. Maybe i will buy JHM after the release of the coming QR.

Buy Anzo holdings now! A 100% return in a month is possible.

Buy Thong Guan now. I think there is a strong correlation between Magni and Thong Guan stock prices.

The below is my post on 20 April. All of my stocks consolidated greatly after that. Today is 20 May.
I'm not bad at trading stocks. Haha


Blog: RHB 25 JEWELS, SMALL CAP
Apr 20, 2017 07:44 PM | Report Abuse

Best small caps

1. Success Transformer Corporation Bhd
2. Kronologi Asia Bhd
3.RCE Capital Berhad
4. Unisem (M) Berhad
5. OSK Holdings Berhad

http://www.smh.com.au/business/australias-property-boom-has-already-peaked-says-ubs-20170424-gvr2ai.html

House price growth nationally is at a seven-year high of 13 per cent, but UBS said it expected growth to slow to 7 per cent this year and drop to between zero and 3 per cent growth in 2018, when higher interest rates and tighter mortgage lending rules weaken demand.

THETA EDGE consolidated greatly this year irrespective of the last mediocre QR.
https://klse.i3investor.com/servlets/stk/fin/9075.jsp

What moves the stock price higher is not only QRs, but also investors' sentiments and the company's future prospects.

You should learn what sort of stocks are likely to consolidate.

Wow! Oil price is up up!

http://www.reuters.com/article/us-global-oil-idUSKCN18E06K

THONG GUAN consolidated on 18 May, when there was a strong risk-off sentiment. Today it consolidated again. I think there is a strong correlation between THONG GUAN and Magni-Tech, so you should buy THONG GUAN now.

just profit taking. now is a good entry point.

寫2年最佳增幅　大馬首季經濟成長5.6% | http://www.klsescreener.com/v2/news/view/233447

Malaysian stocks should consolidate more.

寫2年最佳增幅　大馬首季經濟成長5.6% | http://www.klsescreener.com/v2/news/view/233447

http://www.klsescreener.com/v2/news/view/233449

I bought the stock today. Today MAGNI consolidated by 6.60%. THONG GUAN INDUSTRIES can consolidate more.

From 25 Feb to 27 March, the stock consolidated from RM 0.25 to RM 0.55. (The QR was released on 24 Feb.) The sentiments on the stock and the construction sector are better now than they used to be 3 months ago. I'm confident that the stock will move up to RM 0.50 in 1 to 3 months.

good closing. Monday the stock will move up to 0.28 - 0.30

True. If i write any negative comments on stocks, that means i want to buy them later.

I think the stock price will move up to 0.50 in a couple of month.

Your forecast is wrong.

If you ignore noise, you are likely to get profit.

http://www.theedgemarkets.com/article/anzo-turns-around-4q-after-16-consecutive-quarters-losses

Yes.. it's calculation every 8 year-old boy can understand.
The return of my stock investment is around 80% this year.
I'm not bad at trading stocks.
Most of the stocks I bought surged one month within I bought the stocks.

CIMB Research retains overweight on construction sector http://www.thestar.com.my/business/business-news/2017/05/08/cimb-research-retains-overweight-on-construction-sector/

I notice a lot of noise like you in this forum.

Actually, the stock is very easy to trade. No trap in this counter.

1. If you look at stock price movement, a stock price over RM 0.2 is almost guaranteed.
The stock price dropped below RM 0.2 in an extremely rare occasion.

2. The construction sector has been booming this year, so an average price of this stock is higher this year than previous years.

3.The QR released recently was improved greatly.

Someone who said the stock price was moving back to RM 1.8 was a joke.

Range break may happen, so don't assume you are trading the stock in a range.

Its not a trap. Its called a range.haha

I think an average stock price during the last 3 years or the last one year will give investors a important clue. An average stock price during the last 3 years or the last one year is over RM 2.6. That will probably mean that the stock will stay longer in the range of the price over RM 2.6, so you don't need to sell the stock now.

I doubt tomorow and next monday the price will drop.

I see no trap in this counter.

too much consolidation before the release of latest QR
-> good result
-> due to risk-off sentiment in the market and too much consolidation of the stock before the announcement, the stock plummeted.

That's all.

0.20 is the minimum value in the last 1 year. I don't think the stock will hit 0.22 this year again as the construction sector has been booming this year.

TP does not mean anything. Different people have a different TP. It's like a forecasted price.

Anzo is main contractor for phase 2 of Porto De Melaka
http://www.theedgemarkets.com/article/anzo-main-contractor-phase-2-porto-de-melaka

Big plans to lift Selayang

The Paragon @ KL Northgate will see construction resuming in the fourth quarter of this year.
This comes after Anzo Holdings Bhd’s wholly-owned subsidiary, Harvest Court Construction Sdn Bhd, announced the receipt of a letter of intent awarded by KL Northgate for the project.
Chai, who is managing director of Main Market-listed Anzo, expects Harvest Court to receive the letter of award for the RM1.2 billion contract by July or August.
Harvest Court will partner MCC Overseas (M) Sdn Bhd, a Malaysian subsidiary of China and Hong Kong-listed Metallurgical Corp of China Ltd, to develop the entire Paragon @ KL Northgate project. The funding will come from MCC.
https://www.nst.com.my/property/2017/05/240368/big-plans-lift-selayang

Anzo back to the black in Q4. explores property development

Construction and timber products manufacturing firm Anzo Holdings Bhd, which swung to the black for the fourth quarter (Q4) ended March 31, 2017, on the back of higher revenue, is exploring opportunities in property development.

Just over a month ago, Anzo announced that it received a letter of intent from KL Northgate Sdn Bhd to award it, alongside MCC Oversea (M) Sdn Bhd, with a RM1.21 billion job for a mixed development in Gombak, Selangor.

In a filing with Bursa Malaysia yesterday, the group said the improvement was mainly due to construction billings from Porto De Melaka project amounting to RM5.7 million, reversal on provision for doubtful debts of RM1.3 million and no further inventory write down during the quarter.

For the 12 months, its net loss narrowed to RM4.63 million, from RM10.85 million a year ago, on the back of a revenue of RM12.26 million from RM6.11 million previously.

Chai said with a total construction order book of RM301 million to date, the group is expected to sustain its current momentum and meet its strategic objective to turn profitable for the financial year ending March 31, 2018.

http://www.thesundaily.my/news/2017/05/18/anzo-back-black-q4-explores-property-development

Buy Anzo. The qr released yesterday was very good, but

http://www.marketwatch.com/story/dow-sp-500-nasdaq-on-track-for-worst-daily-tumble-in-8-weeks-2017-05-17