After gold price, then metal and copper will be the next. All this eventually will fly high. You can see the difference in Oct2020. I always follow Datuk Chai from XOX to Anzo, and he never let us down. Just that shark all got control and outplayed by him
Anzo is not a PN17 company .It's under 8.03A whereby it doesn't have a major/core business . Anzo has 14 months to find/takeover/build a core business that contribute the most other than construction , copper , timber door etc ,Anzo is actively looking for a profitable major/core business to be injected into Anzo's portfolio for long term. The recent corporate takeover of Oversea by Anzo's MD Chai ,China fintec deal for XOX ,copper deal for Anzo etc is a prelude to many more corporate deals especially for Anzo .
Copper price has been on a bullish trend .From March to July 2020 ,it climbed 50% from USD 4300 to USD 6300 per metric tonne on the LME.and estimated to hit USD 6800 in the coming months .The bullish trend in the red metal was further supported by China's scrap copper import quotas .Copper scrap accounts for a huge chunk of the global copper market .Due to strict cap on copper scrap (started in 2018) global copper market went into deficit , Moreover supply disruptions of copper in Peru and Chile ( key copper producing nations) may boost copper price to trade higher in a month's time .
In April 2016 , Anzo entered into supply agreement with Yuan Resources to supply steel scrap for 60 months at total contract value of RM 100 million . Anzo was trading at RM 0.20 . A year later in April 2017 , Anzo's share rose to RM0.60 . The copper supply is ongoing and already started in July 2020 .There is no need for shareholder's approval for the copper deal because CSTME sold out as substantial shareholder in order not to trigger related party transaction (RPT) .There is a huge possiblity that CSTME may come back strongly as substantial shareholder since the copper deal is highly profitable and they are the AP holders for copper export .
Fundamentally , Anzo's QR shows 4 rising quarterly consecutive improvement .Anzo's turnaround began in July 2019 and started registering yoy improvement every QR . Anzo's revenue also has been on bullish trend every QR . Net profit is also on the uptrend .Earning per share is expected to be positive this coming QR. No debts , Anzo is flushed with cash from previously concluded right issue and is using it judiciously to fund the right project with good profit margin .Any bad deals or unprofitable project is terminated to protect Anzo's bottom line .Financing good deals is not a problem, All this do not even include copper business yet and other new construction projects. Anzo's CEO has managed to put Anzo on the right path to profitability and future expansion .
Anzo's net asset value is RM 0.1589 per share . Anzo's cash in hand is RM 0.0088 per share which anounts to RM 78.49 million. Anzo is presently cash rich and looking for the right acquisitions. Anzo's BOD decision to terminate the glove business is justified as Russia has found the COVID 19 vaccine and glove industry may be heading into a deep glut due to overexpansion .
Anzo's total asset is RM 155 million. Anzo's total liabilities is RM 13 million . That means a whopping RM 142 million surplus in asset which translate to RM0.159 per share. Anzo is presently trading at a huge discount to NTA . Adding to the increase in copper prices , timber future prices also skyrocketed 173% from USD 250 in April 2020 to USD 681.40 presently . Anzo has 22 units of auto control kiln dried sawn timber plant with FSC status under its sunsidiary Quantum Pro which is capable of processing 60 to 120 tons of timber . 70% of treated timber is exported whereas 30% is used for moulding and trading . Anzo is also a one stop center for sawn timber exporters where sawn timbers are kiln dried, treated ,bundled into containers and inspected by MTIB before exported .
ada satu aning dalam hollywood movie The Art of Racing in the Rain nama ANZO. Movie je takde kena mengena dengan kaunter ini. Apa pasal merah EDDIE? kan ke ada glove factory ada mooncake manufacturing, bila nak up, kasi limit up la
Anzo Undiscovered Copper Gem Anzo's copper export business hit the right spot when global demand for copper increased tremendously .Copper price has surged 40% due to global shortage . The insatiable demand is created by electric vehicle and its battery . One electric vehicle needs 40 kg of copper approximately 10000 times requirement for a handset . Demand for copper foil is expected to increase from 140000 ton to 250000 ton by 2025 .
A Tesla car need 45000 ton of copper whereas a normal car only need 18-49 pound of copper ..A battery electric bus need 814 pounds of copper . Copper is undergoing a massive bull market now . SK Holdings from South Korea energy and telecoms conglomerate invested 270 billion won and later 100 billion won in China's Lingbao Wason copper foil (world largest manufacturer of copper foil which is used as a negative electrode current collector in a lithium ion battery ) recently .
The number of electric vehicles is projected to increase to 17 million by 2025 and 32 million by 2030 . Chile and Peru can only supply 8 million ton of mined copper due to disruptions by COVID 19 whereas global copper demand exceeds 28 million ton per year.The rest of it is supplied by scrap copper .
Anzo has been supplying scrap copper for export to Postco Korea through AP holder CSTME for 45 days already starting from July 1st 2020.Based on estimates , Anzo should have supplied around 15000 ton of copper scrap which is valued at RM 15 -18 million by now .
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Posted by huatgorgor > 2020-08-10 09:59 | Report Abuse
After gold price, then metal and copper will be the next.
All this eventually will fly high. You can see the difference in Oct2020. I always follow Datuk Chai from XOX to Anzo, and he never let us down. Just that shark all got control and outplayed by him