Posted by charles pang kah keet > 2019-07-27 18:22 | Report Abuse

MTRONIC 0043 STILL WANT TO WAIT AT THE MOVEMENT.

Posted by Crash12zxc56buil > 2019-07-28 09:03 |

Post removed.Why?

Posted by beyond2288 > 2019-07-29 18:32 | Report Abuse

shui liao, metronic 0043

Posted by aminsmabi88 > 2019-08-06 10:28 | Report Abuse

Anzo..wake up,lama dah 3 sen, 3.5 sen, please move to 10 sen slowly..

Posted by Marihome > 2019-08-10 10:38 | Report Abuse

0.015 soon

Posted by Dinasd123 > 2019-08-11 07:33 | Report Abuse

Sold Anzo
Buy Carlsberd rm24 ..dividen rm1500/yr

Posted by Ahmad Eruwan Aia Takaful > 2019-09-05 00:08 | Report Abuse

Wake me up when september end

Posted by Arjuna60 > 2019-09-05 00:36 | Report Abuse

Sleeping beauty....haha

Posted by RMSB > 2019-09-05 12:02 | Report Abuse

Coming out of coma soon.

Posted by BILLC > 2019-09-05 12:09 |

Post removed.Why?

Posted by RMSB > 2019-09-13 09:42 | Report Abuse

No worries will be buried soon.

Posted by aminsmabi88 > 2019-09-13 21:25 | Report Abuse

What happen anzo??

Posted by Ahmad Eruwan Aia Takaful > 2019-09-14 07:14 | Report Abuse

Why anzo why...no project at all?

Posted by Wil789 > 2019-09-19 19:06 | Report Abuse

Worh buu, future rm8

Posted by averose > 2019-09-24 14:15 | Report Abuse

don't worry, buy now, very cheap compared to asset and cash reserve rise during Right Issue.

Posted by ChineseNewYear > 2019-09-24 19:49 | Report Abuse

Rubbish Qr coming soon

Posted by CityHuntEr > 2019-10-01 15:19 | Report Abuse

Its Harvest time =) Where r u? Mr Raymond...hahahah...

Posted by Ahmad Eruwan Aia Takaful > 2019-10-04 02:36 | Report Abuse

Oct anzoooo

Posted by ChineseNewYear > 2019-10-05 21:33 | Report Abuse

Habis, the only contract got terminated. Hahahaha

Posted by Michael Kwok > 2019-10-05 22:47 | Report Abuse

Please the account receivables thàt surprise me.Project gone still got 100 over million to benefit.200 mill and +++ gone.

Posted by Michael Kwok > 2019-10-07 14:08 | Report Abuse

I'm going to buy Anzo.Clean sheet of health.Right issues was 20 cent.NTA 16.5 cent.Constructions was at the lowest ebb.

Posted by Michael Kwok > 2019-10-07 15:35 | Report Abuse

Where got director so stupid of not getting projects.Somemore cancel due to losses will incurred if continue.Smart.Now can get profitable projects as time go on.Putting TP 11-15 cent.

Posted by Michael Kwok > 2019-10-07 19:39 | Report Abuse

Buy Anzo. Its like the same when I ask to buy AT(0027) for the past 6 month.Please see Anzo financial statement.

Posted by johntkh > 2019-10-08 11:24 | Report Abuse

wish ANZO become better,i keep collect on 0.03 cent

Posted by Michael Kwok > 2019-10-08 17:22 | Report Abuse

Buy Anzo.Me buy rm 20k worth of Anzo.3 cent dirt cheap after restructuring in 2017 with right issues that raise above 90 mill++++.Financial statement on the clean sheet of health.See some of my blog above.

Posted by Michael Kwok > 2019-10-09 11:43 | Report Abuse

3 cents is all bad news factor in.Buy Anzo, is on after capital reduction and right issues on year 2017.Many were trap on 10-20 cent.The right issues was 20 cent.NTA 16.5 cent.Somemore there some Datuk here.

Posted by ChineseNewYear > 2019-10-09 19:22 | Report Abuse

Incurred RM31.15million for the construction cost, whole receiving RM3.64milion.

Completion percentage is 22%

The final account will be settled via cash, RCPS or contra of property units after 90days from the date of the agreement.

RM153million x 22% = RM33.66 million minus RM3.64 million = assets worth 30 million (might be lower after negotiation)

But if anzo can get back all the assets (hopefully is cash) for other development then the prospect shoudnt be that bad.

Posted by Michael Kwok > 2019-10-09 20:23 | Report Abuse

I expect 3 cents all the bad news in.Its not like fire burns all the things,or disaster struck which bring damages to all the 100 over millions.Malaysia is paranoid like end of the world coming.

Posted by Michael Kwok > 2019-10-10 10:48 | Report Abuse

Dun tell me I need to promote 60 over times that people buy along the way.Please use the head.3 cent all pressure gone.That y people throw till this month.

Posted by apolloang > 2019-10-10 10:49 | Report Abuse

still no close shop yet? hahaha

Posted by Michael Kwok > 2019-10-10 16:39 | Report Abuse

anzo having over 100 over million after right issues.Its plough into the project.But there 2,one cancel.How can close shop when it's do not borrow from bank.First the account of phase one do not affect the year 2019,year 2020.Phase 2 we will see.

Posted by ChineseNewYear > 2019-10-10 17:13 | Report Abuse

Phase 1 also cannot complete. How to proceed to phase 2?

Posted by Michael Kwok > 2019-10-10 20:47 | Report Abuse

Money is from right issues.Not bank.Some-more there no large borrowing but large account receivable.U all guess and see the financial statement.I study the TA and FA.

Posted by Michael Kwok > 2019-10-10 21:01 | Report Abuse

Receivable can be sold at any time.

Posted by Michael Kwok > 2019-10-10 23:35 | Report Abuse

Reference is made to the announcement dated 4 October 2019 in relation to the Termination. Unless otherwise stated, words and phrases used in this announcement shall have the same meaning as defined in the announcement dated 4 October 2019.



We refer to our announcement dated 4 October in relation to the Termination.



The Board of Directors of the Company wishes to announce the following additional information in relation to the Termination:-



1) Further information on the Project up to the date of termination, including the status (percentage of completion) of the development, total financial commitment incurred and contribution received and recognised by your Company for each of the financial year since the commencement of the contract.



Phase 1 Contract is part of the Porto De Melaka Hotel and Resort Development Project in Melaka. The % of completion of Phase 1 Contract to the date of termination is 22%.

Attached please find the project revenue and gross contribution for respective financial years since the project commenced:



(RM'000)

FYE Mar 17

FYE Jul 18

FYE Jul 19

Total

Contract Revenue

5,330

28,035

-

33,366

Gross Contribution

649

1,667

-

2,316



So far the Company has incurred RM31.15 million for the construction costs and RM7 million for the performance bond, while receiving only RM3.64 million for Phase 1 of the contract.



2) Provide greater granularity on your statement “In view of the financial challenges faced by both TAE and ACSB, which is a circumstance beyond the control of either party, and in the interest of the project” as your statement does not provide much insights on the rationale for the Termination.



The current property market is facing great challenges due to the current property glut, tight lending policies by financial institutions to property development companies and poor market sentiment. The sales of the Service Suites under the Phase 1 Contract is also being affected and has contributed to the weak cash flow position of TAE. As ACSB does not want to make any additional financial commitment into the project, it was deemed necessary to have a mutual termination of contract in order to release ACSB from its’ contractual obligations and liabilities under the Contract.





3) Provide greater elaboration on the financial effects of the Termination upon taking into consideration the financial commitment that ACSB has put in as well as the exact date when the Group stopped recognizing the revenue and income from the contract, given the fact that the termination agreement was entered into on 3 October 2019.



The Group has stopped recognizing the revenue and income from the contract since October 2017. As such, the accounts for the financial year ended 31July 2019 has already reflected the financial impact without any contribution from the contract. Secondly, by the original term of the letter of award, the contract work is supposed to be completed within 30 months from the commencement of work, which is 31 August 2019 and there wasn’t any application for extension of time for the said contract work as both parties are in the midst of negotiation for mutual termination of contract.Therefore, the contract is expected to have minimum impact towards the future earnings of the Group in the ordinary course of business.





4) It is noted that TAE has offered second contract for Phase 2 of the same Project to Harvest Court Construction Sdn Bhd as announced on 22 and 24 March 2017, 2 and 4 May 2017. In this regard, please confirm on whether the Termination will have any legal, financial and operational implications on the aforesaid second contract offered by TAE and the steps to be taken to address such implications, if any.



This Mutual Termination Agreement is only confined to Phase 1 Contract and does not have any legal, financial and operational implications on the Phase 2 Contract.



This announcement is dated 9 October 2019

Posted by Michael Kwok > 2019-10-11 12:55 | Report Abuse

See the statement above(news).No bank borrowing.Right issues and warrant get 100 over millions in 2017.Please I recommend buy.Put 10k for invest for recovery.3 cents is all bad news in already.Clean sheet of health.Right issues was 20 cent.NTA 16.5 cent.Constructions was at the lowest ebb.

Posted by Michael Kwok > 2019-10-11 16:53 | Report Abuse

Someone sell 15 million shares too scare people.Once majority the investors gone there will push up the price.Then push up the price will be lower cost.As usual.

Posted by ChineseNewYear > 2019-10-11 17:14 | Report Abuse

@micheal better leave this rubbish counter and go for technology stock

Posted by Michael Kwok > 2019-10-11 18:37 | Report Abuse

Not enough business due to lack of revenue or 5 percent less than its shares capital.Receivable,other receivable,prepayment and deposit and cash are over 130 million.if add plant,equipment and property are 26.2 million.Please,look at the financial statement balance sheet then say bankcrupt or close shop.No bank borrowing.Maybe due to cancelation of project 1 but not 2 that affect the revenue.If cancel all the project also there may have time to buy another company with the money there have in 12 month time.

Posted by Michael Kwok > 2019-10-11 18:43 | Report Abuse

There also involve in wood based businesses(timber based provider).There a lagging times for recognize revenue from project 2.Once started the revenue will recognized.Then problems solve.Or else now already 1 cent.KYY is right to study the FA and TA.

Posted by Michael Kwok > 2019-10-11 19:44 | Report Abuse

Please study the 4 announcement properly on 11 Oct 2019.Study the balance sheet.Then buy or sell at ur own freedom.Me won't sell it.The TP price 11-15 cent still the same.

Posted by Armada An Quantum Leap Stock In 2019/2020 > 2019-10-11 21:24 | Report Abuse

Oh no !
Anzo become the dead zombie.

Posted by Armada An Quantum Leap Stock In 2019/2020 > 2019-10-11 21:29 | Report Abuse

Its zombie body is planted with hazardous bio micron
Better just burnt down.

Posted by Rio2814 > 2019-10-11 21:29 | Report Abuse

Mic. You are in Anzo as well. I stuck with rm30k at 6c. ( 1.5years ago). Nice to see you here.

Posted by Rio2814 > 2019-10-11 21:31 | Report Abuse

U bought any in edu or mtronic?

Posted by Rio2814 > 2019-10-11 21:42 | Report Abuse

PARAGRAPH/RULE 8.03A COMPANIES : FIRST ANNOUNCEMENT
PINEHILL PACIFIC BERHAD
Still 25c

Posted by Peter2357 > 2019-10-11 23:30 | Report Abuse

can anyone assist? what is the amount of
RM 81 Million under Other receivables deposit & prepayments??

Posted by PKok6655 > 2019-10-11 23:32 | Report Abuse

Investment RM 110k now become few ....

Posted by Peter2357 > 2019-10-11 23:35 | Report Abuse

In 2017 its only RM10Million,now it has increased to RM81Million.

Posted by Ahmad Eruwan Aia Takaful > 2019-10-12 07:16 | Report Abuse

So..the company will become comeback or not