Posted by ChineseNewYear > 2019-10-12 09:47 | Report Abuse

See it can recovers its receivable from the phase 1 project or not

Posted by Michael Kwok > 2019-10-12 12:45 | Report Abuse

Please see the balance sheet the latest and see my blog.If let say 40 percent go into the drain out of over 130 million(still have 78 million) if project 1 and 2(still early stage) cancel.Its still worth above 10 cent.

Michael Kwok 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.
11/10/2019 6:37 PM

Posted by Noni > 2019-10-12 15:09 | Report Abuse

Banyak kuat promote ni.....

Posted by Peter2357 > 2019-10-12 15:51 | Report Abuse

Out of rm96.4 million raised from right issues excercise in 23June 2017,
As of 31July 2019 ,
1)rm29 million was utilised for construction work Melaka project Phase 1
2)rm58.3 million was utilised for future construction work
3) rm6.5 million was used for working capital
4) rm0.5 million was utilised for estimated expenses for right issues
What is meant by RM 58.3 million utilised for future construction work?

Posted by ChineseNewYear > 2019-10-12 17:46 | Report Abuse

See they can bid any project loo
Since kl northgate is just a gimmick to raise right issue

Posted by Peter2357 > 2019-10-12 19:45 | Report Abuse

Closing price of 2.5 sen is the lowest in 5yr period ...based on its NTA of 16.5 sen n nil borrowing this price is worth considering
Efficient ,price 16.5 cts is another co under Bursa affected by 8.03A since Dec2015.

Posted by Michael Kwok > 2019-10-13 13:07 | Report Abuse

Buy Anzo.Next year all big projects start back for construction.Property overhang had been deal with and low-medium costs can get borrowing in Budget 2020.

Michael Kwok 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.
11/10/2019 12:55 PM

Michael Kwok 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.
07/10/2019 3:35 PM

Posted by Michael Kwok > 2019-10-13 15:52 | Report Abuse

Please listen far sighted people. LGE seems short sighted.

Posted by Rio2814 > 2019-10-13 15:57 | Report Abuse

Can someone confirm if Anzo already pn17 counter?

Posted by Michael Kwok > 2019-10-13 16:00 | Report Abuse

The answers below;

Posted by Michael Kwok > Oct 11, 2019 6:37 PM | 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 > 2019-10-13 16:10 | Report Abuse

Total Assets 152.7 millions;Total Liabilities 9.6 millions;Total equity 143.1 millions as at 31 July 2019.Can bancrupt?Can close shops.People have LGE symptom.

Posted by ChineseNewYear > 2019-10-13 17:34 | Report Abuse

Go to the coming agm and ask the director

Posted by Peter2357 > 2019-10-13 19:31 | Report Abuse

refer to the Company's First Announcement dated 11 October 2019 in relation to the Company has triggered Paragraph 8.03A(2)(b) of the Main Market Listing Requirements.



In view of the above, the Board of Directors of the Company wishes to announce that Anzo had on 11 October 2019 submitted an application to Bursa Securities to seek for waiver complying with rule 8.03A (3) of the Main Market Listing Requirements.



This Announcement is dated 11 October 2019.

Posted by Peter2357 > 2019-10-13 19:31 | Report Abuse

already submitted for waiver

Posted by aminsmabi87 > 2019-10-14 09:29 | Report Abuse

please dont enter p into pn17..

Posted by aminsmabi87 > 2019-10-14 09:30 | Report Abuse

i hope anzo bertahan n get 12 sen next year

Posted by ChineseNewYear > 2019-10-14 10:25 | Report Abuse

Limit down gogo

Posted by Peter2357 > 2019-10-14 10:56 | Report Abuse

Be greedy when others are fearful

Posted by johntkh > 2019-10-14 11:02 | Report Abuse

buy anzo, buy future

Posted by Michael Kwok > 2019-10-14 11:22 | Report Abuse

I no comment.People are paranoid without looking for facts.There wanted to sells go and sells.I know for tolerate volatility.When I buy Orion 9 cents and its fall from 9 cents to 4 cents.Then it's straight when to 20 over cents in less than 6 months.

Posted by johntkh > 2019-10-14 11:29 | Report Abuse

surely the ANZO MD EDDIE CHAI wont let the shareholder down

Posted by Peter2357 > 2019-10-14 11:41 | Report Abuse

many Anzo investors who applied for right issues in 2017 are holding at cost of > 20cts

Posted by Peter2357 > 2019-10-14 11:44 | Report Abuse

hoho...now its buy 2cts/ sell 2.5cts

Posted by Peter2357 > 2019-10-14 11:45 | Report Abuse

i think big players mopping up

Posted by Peter2357 > 2019-10-14 11:55 | Report Abuse

ANZO ...Volume done now 42 million ....NETX top active volume 241million

Posted by sg999 > 2019-10-14 13:15 | Report Abuse

ANZO down...coming is XOX?

Posted by Michael Kwok > 2019-10-14 16:43 | Report Abuse

We the Anzo shareholder seeking the board of director to sue the Sin Chew daily on 12 of Octobet 2019 newspaper from misleading statement (Anzo PN 17).

Posted by MasterYoda > 2019-10-14 18:10 | Report Abuse

haih rubbish stock,tmw i will let go all and take whats remaining and go for holiday before become ashes.

Posted by limkopi > 2019-10-15 10:55 | Report Abuse

why tomorrow? why not now?

Posted by MasterYoda > 2019-10-15 11:09 | Report Abuse

yesterday night decide,so today lar

Posted by MasterYoda > 2019-10-15 11:10 | Report Abuse

next week confirm pn17

Posted by Michael Kwok > 2019-10-15 11:31 | Report Abuse

The government now are good.If can show the company and account good then no PN 17.

Posted by Michael Kwok > 2019-10-15 11:37 | Report Abuse

I challenge u all sell Anzo. Dun buy. But as times go on u all regret big time.

Posted by Peter2357 > 2019-10-15 20:50 | Report Abuse

How to sell now ?
cost is 20sen for those who went for right issues in 2017.

Posted by Michael Kwok > 2019-10-16 10:24 | Report Abuse

No need to sell.See the balance sheet.If the owner die or sell the company as ex. it's still worth 10 cent at least.

Posted by averose > 2019-10-16 18:22 | Report Abuse

for those project cancel by the developer on mutual agreement, anzo will get paid based on progress. sooner or later, it will have another cash from that project. We just need to ask the CEO please spend the money wisely when there is no project and keep tring catch some more project.

Posted by Michael Kwok > 2019-10-17 00:00 | Report Abuse

Averose right.Please diversified the money.Please spend the money wisely.Never dissapoint us.

Posted by Armada An Quantum Leap Stock In 2019/2020 > 2019-10-17 00:03 | Report Abuse

Yaa , spend it wisely with raymond chan
At zouk club genting.

Posted by ChineseNewYear > 2019-10-17 09:51 | Report Abuse

This company cant even tender one project in so many years

Posted by Peter2357 > 2019-10-17 21:48 | Report Abuse

Actually its original n still ongoing business is in timber
Recently diversified into construction.
If it is managed properly,should be to improve its result.

Posted by Armada An Quantum Leap Stock In 2019/2020 > 2019-10-17 22:39 | Report Abuse

How to survive from timber if they don't hv necessarily know how to produce and export wooden furniture?

Anzo need logs supply at the mercifully from licensed log harvester.
Anzo sitting at the sunset sector.

They only know produce low value tbr. doors.

Posted by ChineseNewYear > 2019-10-18 10:41 | Report Abuse

100k become 10k for those who take up right issue

Posted by Michael Kwok > 2019-10-18 22:42 | Report Abuse

I never sell Anzo.Many smallholders sell.Me no fear.PN17 or not still no sell.Balance sheet still very clean.If Bursa give PN17 due to lack of revenue but balance sheet clean;then there must be idiot.Give chance to Anzo to recover.

Posted by Peter2357 > 2019-10-19 14:43 | Report Abuse

"Be fearful when others are greedy and greedy when others are fearful"
Warren Buffett

Posted by Armada An Quantum Leap Stock In 2019/2020 > 2019-10-19 16:55 | Report Abuse

Suicide counter

Posted by Armada An Quantum Leap Stock In 2019/2020 > 2019-10-19 19:28 | Report Abuse

Need not real biz
Just lauching the Rto

The cash $680/ is your... bery smart.

Posted by Michael Kwok > 2019-10-19 22:42 | Report Abuse

There chances it may launch MGO or take back by owner through buy back(then restructure and relist)

Posted by Michael Kwok > 2019-10-19 22:51 | Report Abuse

NTA 16.3 cent.If loss 30 percent(assume bad case scenario for project 1-2)of NTA then will 11.3 cent.

Posted by Michael Kwok > 2019-10-21 20:26 | Report Abuse

PARAGRAPH/RULE 8.03A COMPANIES : OTHERS

ANZO HOLDINGS BERHAD

Type Announcement
Subject PARAGRAPH/RULE 8.03A COMPANIES
OTHERS
Description ANZO HOLDINGS BERHAD ("ANZO" or "the Company")

-APPLICATION FOR WAIVER COMPLYING WITH RULE 8.03A (3) OF THE MAIN MARKET LISTING REQUIREMENTS
We refer to the Company's First Announcement dated 11 October 2019 in relation to the Company has triggered Paragraph 8.03A(2)(b) of the Main Market Listing Requirements.



In view of the above, the Board of Directors of the Company wishes to announce that Anzo had on 11 October 2019 submitted an application to Bursa Securities to seek for waiver complying with rule 8.03A (3) of the Main Market Listing Requirements.



This Announcement is dated 11 October 2019.

Posted by ChineseNewYear > 2019-10-21 20:40 | Report Abuse

Run far far lo