Nokchin, you are basing your positive view of anzo based on two blogs - there is very little info about these bloggers but they give info that conventional media has no idea. I suggest u contact JPMorgan and tell them of this blog about the anzo deal and see how they react.
I see the situation like this - anzo has allowed for the mid 2017 incident to occur (I believe another one in 2011 also). As such, you play this stock extremely carefully. Blogs r definetly not counted as news. The rest should refrain from giving hope or think messages without facts. Then everyone can be more sharp and critical on messages to help make decision. I wish everyone make money here.
I can't believe there are so many naive investors! No wonder ppl still get cheated by Macau scam despite constant warnings n reminders. The main reason is because these ppl don't hv common sense at all.
Posted by angelo > Jul 14, 2020 10:23 PM : I can't believe there are so many naive investors! No wonder ppl still get cheated by Macau scam despite constant warnings n reminders. The main reason is because these ppl don't hv common sense at all.
They probably too blind by greed to see many of their substantial shareholders disposed huge volume and cease of being substantial shareholder. What are these disclosures telling?
Haiz those who saying that when the glove factory is done, vaccine is ready, covid is disappear. Yes, it does make sense
So my questions
1) glove order is made by daily/monthly/ yearly? After vaccine is ready can straight cancel? If order is made 2) how confidence you are, that vaccine will be ready in 3 to 6 mnth? 3) how long do you think anzo need to build/ acquire the facilities?
Simple la, the co know the trend, and will try as fast as possible to jump in the trend. If there is no benefits why to do so? Tis is their co strategy not just bluffing
Also, from the biz background, this co is not purely relying on the glove acquisition kayy, just trying to increase one revenue stream which has high potential in nowadays trend.
Last but not least, there is also new copper deal . I believe It wont fall below 0.12 , bad days has passed. You can consider sell once it touch 0.18+O Dont forget about the fundamental when you are making losses, which i expect this share value can be at 0.1+. Those chase high sell at this point is not wise, Now is consolidation phase, support at 0.12 , tp 0.2+ , above 0.2 can str8 sell
Orders placed 3-4 months in advance based on the quantity { number of pcs } requested. Now with the pandemic outbreak lead deliveries time is stretch to 7 - 8 months or longer { depending on the quantity} and whom is the buyer
Moderna shares jump as much as 16% after company says its coronavirus vaccine trial produced ‘robust’ immune response PUBLISHED TUE, JUL 14 20205:00 PM EDTUPDATED 26 MIN AGO
Why didn't one think for awhile on IF everything looking perfectly bright and beautiful, why are all the substantial holders disposing huge volume of their share? IF the price still having potential to grow HIGHER, why dispose NOW?
It can't be more obvious , don't paint false hope and pray for miracle to happen. God is too busy saving those in real need.
Posted by mf > Jul 15, 2020 5:54 AM : Moderna shares jump as much as 16% after company says its coronavirus vaccine trial produced ‘robust’ immune response PUBLISHED TUE, JUL 14 20205:00 PM EDTUPDATED 26 MIN AGO
Take note of the keyword "ROBUST", what it actually means? And also don't missed the finer details
Moderna’s potential vaccine to prevent Covid-19 produced neutralizing antibodies in all "45" patients in its early stage human trial, according to newly released data.
The findings provide more promising data that the vaccine "may give some" protection against the coronavirus.
In TCM since ming dynasty the illnessE's are based on warm or hot illnesses as earth is much warmer, we r now in even warmer environment causes more viruses n bacteria to be active n mutate fast. After Covid sure other will crop up. So glove n mask are always in demand
This virus is not like SARS. its been spread to the whole world and keep spreading. It is a SUPER virus. That's what I keep saying. This is a highly contagious virus. Hence, it won't begone overnight. People need to understand. Unfortunately, this virus will always be around and became the norm. It will mutate every year just like flu. You need new vaccine every year for flu. Vaccine and healthcare will be the next candidate for the sector booming.
@Dorischin218218, You said you have been holding for 2 years ?!! I study ANZO chart, which means you start buying at around RM0.05 , and hold until today ?!! If this is the case, you must be making X3 or X4 of profits!! Really respect you.
Stabilize life sign intact, biscuit Hwa Tai up 10% last I lost a lot money eating London biscuit now muar biscuit up. My PDZ also show sign of low heart beat
KUALA LUMPUR (July 15): MQ Technology Bhd (MQTech) has inked an investment and collaboration joint venture (JV) agreement with Hong Kong-based JD Resources International Ltd to acquire a company that is involved in the manufacturing and marketing of gloves and possesses an ongoing glove making factory.
To recap, last month MQTech had hogged the limelight following a news report published by The New Straits Times that it was a front runner, alongside Top Glove Corp Bhd, to acquire glove manufacturer Latexx Partners.
In a statement today, MQTech said its unit Microlead Manufacturing Sdn Bhd inked the deal with JD to expand their businesses and jointly cooperate to acquire the glove company, which it did not name, via the JV.
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It said MQTech and JD will subscribe and participate in the capital of the JV company at all times in the proportions of 30% and 70%.
MQTech said JD is currently engaged in the trading business with revenue of around RM639 million to RM1.28 billion per annum in the recent years and is in possession of extensive know-how and technical information concerning the manufacturing of personal safety apparels including nitrile rubber glove.
JD chairman Datuk Muzamir Mustafa said the company has flown more than 350 metric tonnes of rubber gloves, which it sources from local manufacturers to Europe alone in the past few months.
"On the back of our track record, several local banks have shown strong interest to participate in the acquisition exercise of a glove factory and currently we are negotiating with four glove companies before we conclude the acquisition in one or two weeks,” he said.
Meanwhile, MQTech executive director Terence Cheah Eu Lee said the negotiation for the glove company is at an advanced stage at the moment.
"More information will be announced to keep our shareholders informed in a timely manner,” he said.
MQTech said it will be entitled to increase its participation in the equity capital of the JV company by another 30% by acquiring 30% of equity capital held by JD at fair market value in due course.
MQTech, whose core business specialises in high-precision moulds and magnetic coils for hard disk drives, has been loss-making for the past five years.
The company slipped deeper into the red for the financial year ended Dec 31, 2019, with a net loss of RM7.48 million, from RM5.22 million for the previous financial year. Its annual revenue shrank to RM9.65 million from RM24.65 million.
At midday break, MQTech was unchanged at 8.5 sen, valuing it at RM60.91 million with 53.69 million shares done.
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....
khpwwl
3,477 posts
Posted by khpwwl > 2020-07-14 20:07 | Report Abuse
What greedy44444 said is correct.... When goreng, they shld follow, but now already out of the market forecasting,better don't touch