Anzo didn't lie. They intend to acquire and like any acquisitions it has to be subjected to final due diligence to see if the vendor is misrepresenting. The price of Anzo is chased up based on speculation news and whoever buys Anzo shares are taking the risk in the hope the acquisition will be successful. Buying blue chips also not necessarily sure win may!!
So funny, obviously is fake news from unverified website, and act like is the company itself announced get order from o/s, will go back 10 cent and below bla bla bla. The insider bought at 0.16 becuz of copper deal, and suddenly price rise due to fake news, if it”s me i will sell as well.Lol. Now price fall and starts convincing ppl to sell, why? Want to jump in again at cheap price mah . It is not saying that this co worth this price at this level, but panic sell now just losing opportunity for next goreng wave in short term, and in long term if glove is processed, 0.2+ nt a problem also. Tons of counter been push high and consolidate at unreasonable price also. Stay calm,Just avg down and hold month if you are nt out of cash, support is at 0.14 to 0.16 now. Below this can str8 grab.
Ok , Lets say about At systematization, Same as anzo, pre-mco share price 0.03, making huge loss. But then glove acquisition news out(official), push up till 0.195. Now stable at 0.075 to 0.08. And sometimes goreng reach 0.10 to 0.13 again. As comparison, anzo , get copper deal, and want to start glove production, loss is lesser than AT, and reach high till 0.25, so it is real difficult to fall below 0.1. For me i will hold, will nt sell below 0.18, unless copper deal is fake + glove is not realistic. If glove production deal is unsuccessful( nt the fake order news) , very hard to push up more than 0.2. Then can sell, if glove deal is done, can hold until 0.2+ in long term. With the copper deal, i believe fundamental price = 0.05to 0.08+ at least. Plus also new holder who bought this stock. Support at 0.1+.
Rather than top 4 will prefer small medic counter like hlt bcmall those, Also one of the risky counter but these fews days like esceram/ luxchem rising slowly. Usually they up at the same time :@ so can hope others follow
They can tell stories with straight face. Now if they get caught cannot kautim liaw. Bursa issue too much warning. Its straight to jail. So hopefully got some good deal
Their answers to bursa so so unconvincing... seems got a lot of hanky-panky on their proposed acquisition of the glove company, even the properties also not yet under seller's name !
Only the big four glove stocks attracted big sharks attention...mini glove stocks not so attractive anymore. Even their loyal gang like Comfort, Adventa, K1 and Careplus also traded in opposite directions.
haha, looks like some people still dont understand yesterdays reply to bursa. please observe carefully the following reply from Anzo. All is speculation and goreng wordings. (if there are any staff at bursa reading this) 1."intend to lock in the opportunity" 2."Subject to further findings" 3."Could be further negotiations" (take note we also dont know if they even employ a consultant to reply this) 4. "Yet to be registered" 5. "Due diligence TO BE CONDUCTED" 6. "expected to take 3 to 6 months time" (are you saying you want to goreng this long time) 7."Consultants still need time to assess"
not one even definitive answer was given.you can just read yourself the reply
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Bullcoming
850 posts
Posted by Bullcoming > 2020-07-13 23:08 | Report Abuse
Heavy volume T+3 due on Fri, Mon & Tues, expect to move forward after Wednesday