Posted by OrlandoGlove > 2020-07-10 12:06 | Report Abuse

As for gloves co Baker Tilly said sold so seems like got progress so story stil alive

Posted by HandsomeGain > 2020-07-10 13:58 | Report Abuse

Relax.. it will shoot up like sky ....

Posted by Srijevan San > 2020-07-10 14:10 | Report Abuse

Anzo potential up to rm1 hahahaha

Posted by deskfyong > 2020-07-10 14:25 | Report Abuse

https://www.aerill.com/2020/07/permaju-and-anzo-to-jointly-expand.html?m=1

its really happening????

Posted by HandsomeGain > 2020-07-10 14:39 | Report Abuse

Fake news....anzo doing it alone..nothing to do with permaju.

Posted by strattegist > 2020-07-10 14:39 |

Post removed.Why?

Posted by huatgorgor > 2020-07-10 14:42 | Report Abuse

Hohoho

Posted by High5 > 2020-07-10 15:31 | Report Abuse

Read this ...
Permaju Industries Bhd and Anzo Holdings Bhd will work together via a joint venture to fabricate and expand the latter’s glove manufacturing plant in Manjung, Perak, so it could generate more than US$400 million in revenue a year.

Anzo needs to do this soon as its order book for gloves is rising up. We expect Anzo’s existing order book of US$200 million will double soon to over US$500 million.

We have reported that Anzo has secured an order each from the United States and Europe to supply over 2 billion pieces of medical gloves, worth an estimated US$200 million. The order book for Anzo will increase as the number of coronavirus cases around the world keeps rising.

As at July 12, 2020, the number of coronavirus cases is at a staggering 12.39 million while total deaths are 557,395.

The total number of cases in the United States is 3.22 million and infections continue to inch up in the country. The United States also recorded a total death toll of 135,822.

Several other countries around the world are also hit hard by the global pandemic, including Europe and India and there is a shortage for medical gloves.

Large orders continue to come in for Malaysian glove manufacturers.

Malaysia, which is the world’s biggest producer of medical gloves, is supplying almost 70 per cent of world demand.

Local glove manufacturers, whose stocks have rallied since the beginning of the outbreak of the Covid-19 disease, are expected to get more orders in.

After the US announced the new numbers in coronavirus cases, the stocks of Malaysian glove manufacturers like Top Glove Corp Bhd, Supermax Corp Bhd and Hartalega Holdings Bhd rose significantly hitting a new high today.

Although they are big manufacturers, their current production capacity is not enough to meet global demand and this allows new players like Anzo to get a chunk of the cake.

Do keep a close watch on Anzo and Permaju. We can expect some rally or heavy movement today and next week on this news.

We have said before that Anzo is expected to hit-limit up. This is based on an analysis we got from an analyst friend who is familiar with the matter.

In fact we can say Anzo is close to hitting a limit-up as the stock has jumped from a low of 2 sen more than a month ago to 23 sen early this week.

Even Permaju is gaining momentum this week, moving from the 24.5 sen range on Monday to touch 36 sen on Wednesday (July 8).

While the market is rather quiet today, a check on Bursa shows both the stocks have high volumes today.

I am excited to see how Permaju and Anzo close today at 5 p.m.

Posted by High5 > 2020-07-10 15:32 | Report Abuse

Hehe all goreng counters got many unclarified stories

Posted by strattegist > 2020-07-10 15:48 | Report Abuse

green

Posted by meobamah > 2020-07-10 15:54 | Report Abuse

green green green! next week fly!

Posted by Bursa1575 > 2020-07-10 16:08 | Report Abuse

casino de ANZOOOOOOOOOOO....

Posted by bulibakaloko > 2020-07-10 16:13 | Report Abuse

no more bullet :(

Posted by strattegist > 2020-07-10 16:22 | Report Abuse

red

Posted by TrillionaireMY > 2020-07-10 16:30 | Report Abuse

close green Monday fly otherwise byebye

Posted by gemma > 2020-07-10 16:37 | Report Abuse

contra playerz hangus

Posted by super_newbie > 2020-07-10 17:00 | Report Abuse

fake news lah wtf... "As at July 12, 2020, the number of coronavirus cases is at a staggering 12.39 million while total deaths are 557,395. "

This editor is yu yan jia, can predict 12 July.

Posted by BlackWhite > 2020-07-10 17:06 | Report Abuse

World need medical gloves to stock up their depleted supply . Demand will last at least one year . It easy to make face mask but rubber glove is energy n water intensive process

Posted by BlackWhite > 2020-07-10 17:10 | Report Abuse

A lot rubber glove companies in Malaysia but lousy QC some pull a bit torn .. That why they lose money.

Posted by BlackWhite > 2020-07-10 17:12 | Report Abuse

Market now is weak retailers used up theIR money only margin financing to support

Posted by JianChi > 2020-07-10 18:15 | Report Abuse

Bought 0.205 cut lose 0.195
Siennnnnnnn

Posted by OrlandoGlove > 2020-07-10 19:48 | Report Abuse

As I hv mentioned earlier Anzo BOD didn't know CSTME was buying up 12% in Anzo

2 groups of ppl wanted Anzo

Clash of plans

Now CSTME is leaving

Baker Tilley said Assets is sold

So Anzo is becoming a gloves company defeating CSTME copper scap company plan

It wld hv been nice to hv both of thm anyway a gloves company is not bad too

Posted by Mrinvest0r > 2020-07-10 20:18 | Report Abuse

Since CSTME already disposed their shares, does that means the share price will consolidate n wont drop further ?

Posted by kenie > 2020-07-10 20:38 | Report Abuse

07/07/2020 CSTME RESOURCES SDN. BHD Disposed 62,920,000

Posted by kenie > 2020-07-10 20:39 | Report Abuse

Notice of Person Ceasing
08/07/2020 CSTME RESOURCES SDN. BHD Disposed 52,200,000

Posted by kenie > 2020-07-10 20:41 | Report Abuse

Posted by kenie > Jul 8, 2020 10:41 AM
ANZO
cash flow 0.61 mil
debt -
current liabilities 11.86 mil


Posted by kenie > Jul 8, 2020 10:44 AM
Anzo cash sixty thousand.. .how to buy 55 mil glove company ...Anzo same as Mqtech talk talk kok



Posted by kenie > Jul 8, 2020 10:44 AM
Anzo cash sixty thousand no enough pay worker salary la.. . YES gloveking619 switch your all cash to anzo help pay salary current liabilities

Posted by kenie > 2020-07-10 20:44 | Report Abuse

Jul 8, 2020 when i tell everybody but nobody believe me....Now they believe liao...

Posted by super_newbie > 2020-07-10 20:49 | Report Abuse

Haiz... Think everyone wanted to know is since cstme leave, the copper scrape deal still on or not?

Posted by birkincollector > 2020-07-10 20:51 | Report Abuse

oh so that CSTME just goreng goreng...thought serious investors lol

Posted by OrlandoGlove > 2020-07-10 21:02 | Report Abuse

CSTME wanted to use Anzo as its vehicle until Anzo BOD went for d gloves assets

Posted by OrlandoGlove > 2020-07-10 21:04 | Report Abuse

Stock: [ANZO]: ANZO HOLDINGS BHD

 Jul 6, 2020 8:43 PM | Report Abuse 

Based on various announcements by Anzo it seems Anzo BOD didn't know CSTME was buying an 11% in Anzo so CSTME bot into Anzo solely on d Supply Agreement n didn't know abt d rubber gloves deal

D copper Supply Agreement should b quite something too so much so tat CSTME bot 11% in Anzo solely bcos of it

Two great deals in jz imagine how high Anzo can go.....

Posted by super_newbie > 2020-07-10 21:07 | Report Abuse

So will the copper deal cancel? I bought in because of copper deal haiz... rm1.3bil order book is huge amount. Monday price action will be interesting...

Posted by birkincollector > 2020-07-10 21:09 | Report Abuse

may be the copper deal was non existence from day one.....lol

Posted by super_newbie > 2020-07-10 21:12 | Report Abuse

wah... can like that make announcement meh?

Posted by angelo > 2020-07-10 21:13 | Report Abuse

The corpses are slowly surfacing.....

Posted by BlackWhite > 2020-07-10 21:15 | Report Abuse

Very sleepy but can say glove factory run by existing enlarged team, copper one totally new team or their recycled construction workers.

Posted by BlackWhite > 2020-07-10 21:17 | Report Abuse

If it is a scam price tanah runtuh already still holding at 20sen. 20sen pun takut kena tipukah

Posted by Rowie > 2020-07-10 21:31 | Report Abuse

Classic pump & dump using fake copper deal
They bought the share then announced copper deal, that's insider trading.
Now dump the share at huge profits, soon copper deal will be cancelled
SC Will catch them very soon.
Hope Anzo can secure the glove deal asap

Posted by chow79 > 2020-07-10 21:38 | Report Abuse

how about monday will happen...

Posted by angelo > 2020-07-10 21:45 | Report Abuse

Time will tell, soon.

Posted by chow79 > 2020-07-10 21:58 | Report Abuse

so terible man....

Posted by cutie > 2020-07-10 22:03 | Report Abuse

so many big shots running...be careful

Posted by nicholas99 > 2020-07-10 22:13 | Report Abuse

I am feeling curious from day one the news broke out. Why cstme appoint anzo to source for them? Why don't cstme source it themselves? Why giving anzo free income? Or the deal might be real from day one and turned sour after anzo flirt with permaju for the glove business

The glove story sounds a least more convincing. Anzo dont have much cash on hand. Working with permaju is logical and functional. Permaju needed the boost.

Posted by Rowie > 2020-07-10 22:18 | Report Abuse

They won't cancel the copper deal, they will pressure Anzo to cancel it

Posted by strattegist > 2020-07-10 22:23 | Report Abuse

closed red

Posted by Britishshorthair > 2020-07-10 23:29 | Report Abuse

https://malaysianewstv.com/2020/07/10/permaju-anzo-form-jv-to-expand-manjung-glove-plant-for-higher-profits/

Posted by luigee > 2020-07-10 23:55 | Report Abuse

https://www.theedgemarkets.com/article/anzos-largest-shareholder-pares-stake-after-share-price-surge

Posted by williamtkb > 2020-07-11 00:02 | Report Abuse

Monday limit up?

Posted by Britishshorthair > 2020-07-11 00:46 | Report Abuse

Change shareholder. Bigger shark coming in from china

Posted by greedy44444 > 2020-07-11 01:38 | Report Abuse

Big sharks ran away oredi....Monday sure slump. Runnnnn.....