ANZO HOLDINGS BERHAD

KLSE (MYR): ANZO (9342)

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13 people like this.

14,789 comment(s). Last comment by TheGardener 2023-12-16 17:31

mdfadly

289 posts

Posted by mdfadly > 2020-10-16 10:34 | Report Abuse

I admit eddie on shopping spree but wonder y this counter got no attention at all

Good123

25,111 posts

Posted by Good123 > 2020-10-16 10:36 | Report Abuse

oversea rugi, aim rugi , anzo untung. takeover for anzo by Eddie next?

Good123

25,111 posts

Posted by Good123 > 2020-10-16 10:39 | Report Abuse

be calm, anzo turn next probably. Advance Information Marketing has received a notice of conditional voluntary takeover offer from Datuk Chai Woon Chet, who intends to acquire all the shares in AIM at 13 sen each.

mdfadly

289 posts

Posted by mdfadly > 2020-10-16 10:43 | Report Abuse

Why he ignore his own company anzo is beyond me. If something is brewing we can see a little bit of movement if the share price but this anzo just stagnant n sleep for so lonng

Good123

25,111 posts

Posted by Good123 > 2020-10-16 11:07 | Report Abuse

Anzo Holdings Berhad’s Growth

Anzo Holdings Berhad’s earnings per share (EPS) grew 33% per year over the last three years. Its revenue is up 54% over the last year.

Overall this is a positive result for shareholders, showing that the company has improved in recent years. Most shareholders would be pleased to see strong revenue growth combined with EPS growth. This combo suggests a fast growing business.

Good123

25,111 posts

Posted by Good123 > 2020-10-16 11:14 | Report Abuse

first obstacle, 10sen. :)

Good123

25,111 posts

Posted by Good123 > 2020-10-16 11:35 | Report Abuse

also news regarding glove, mask, sanitizer could boost share price too :)
KUALA LUMPUR (Oct 16): Mah Sing Group Bhd rose among the top active stocks on Bursa Malaysia in the morning trading session following news of its glove business venture.

At 10.11am, shares in Mah Sing had jumped as much as 27.59% or 20 sen to 92.5 sen, bringing its market capitalisation to RM2.25 billion. The stock saw some 235.77 million shares traded.

Year to date, the stock jumped 30% from when it was trading at 71 sen apiece.

Good123

25,111 posts

Posted by Good123 > 2020-10-16 11:39 | Report Abuse

possible already found other glove companies to work with or acquire in Malaysia or abroad? wait calmly :) more good news regarding copper scrap is beneficial too

Good123

25,111 posts

Posted by Good123 > 2020-10-16 13:13 | Report Abuse

already 3.8mil shares traded. Ada udang disebalik Batu?
ANZO (9342): ANZO HOLDINGS BHD - Overview | I3investor


ANZO HOLDINGS BHD
Last Price Today's Change
0.095 0.01 (11.76%)

Board: MAIN
Sector: Industrial Products
Avg Volume (4 weeks): 12,052,440
4 Weeks Range: 0.085 - 0.125
52 Weeks Range: 0.01 - 0.26
Average Price Target: 0.64
Price Target Upside/Downside: 0.545
Anzo Holdings Bhd is an integrated contractor and timber service provider in Malaysia. The company has three segments that drive the operations, Timber Product Manufacturing, Construction and Property Development, and Investment Holding and Others. Timber division engages in sawmilling, manufacturing of timber doors and related products. The Construction and Property Development division focuses on construction and interior design fit up works and related maintenance services. Its Investment Holding segment invests in shares and securities and provides marketing and management services. The majority of its revenue is derived from the Construction business.
Date Range Close Volume
15/10/2020 0.085 - 0.09 0.085 4,782,000
14/10/2020 0.085 - 0.09 0.09 2,296,700
13/10/2020 0.085 - 0.09 0.085 2,989,600
12/10/2020 0.085 - 0.095 0.09 4,955,100
09/10/2020 0.09 - 0.10 0.09 15,261,700
08/10/2020 0.085 - 0.095 0.095 7,539,100
07/10/2020 0.085 - 0.095 0.09 24,316,500
06/10/2020 0.085 - 0.09 0.085 1,833,000
05/10/2020 0.085 - 0.09 0.09 3,832,800
02/10/2020 0.085 - 0.09 0.085 5,743,100
01/10/2020 0.085 - 0.09 0.085 5,327,400
30/09/2020 0.09 - 0.095 0.09 8,988,600
29/09/2020 0.09 - 0.095 0.09 8,075,500
28/09/2020 0.09 - 0.095 0.09 11,184,000
25/09/2020 0.09 - 0.10 0.09 9,302,100
24/09/2020 0.09 - 0.10 0.095 12,215,400
23/09/2020 0.09 - 0.10 0.095 15,707,800
22/09/2020 0.095 - 0.105 0.095 31,078,800
21/09/2020 0.10 - 0.12 0.10 51,103,900
18/09/2020 0.115 - 0.125 0.115 14,515,700

Good123

25,111 posts

Posted by Good123 > 2020-10-16 16:13 | Report Abuse

volume increases a lot . good sign

Good123

25,111 posts

Posted by Good123 > 2020-10-16 16:15 | Report Abuse

close to40mil shares

Good123

25,111 posts

Posted by Good123 > 2020-10-16 16:16 | Report Abuse

hold tightly :)

mdfadly

289 posts

Posted by mdfadly > 2020-10-16 16:44 | Report Abuse

I ambik untung dulu good123. Beli 0.085. Nanti monday dia drop back to 0.085 i buy back again another 500k units

Good123

25,111 posts

Posted by Good123 > 2020-10-16 18:39 | Report Abuse

tahniah atas strategi peribadimu

JohnFook

569 posts

Posted by JohnFook > 2020-10-17 20:49 | Report Abuse

DATUK EDDIE....you should take legal action on Edge for the hidden hands allegations !!!

Good123

25,111 posts

Posted by Good123 > 2020-10-18 16:52 | Report Abuse

who cares? from rm1mil revenue to rm20mil quarterly, loss to profit, share price should rise

Good123

25,111 posts

Posted by Good123 > 2020-10-18 16:53 | Report Abuse

anzo is the only profitable penny stock below 10sen now if not mistaken

Good123

25,111 posts

Posted by Good123 > 2020-10-19 08:22 | Report Abuse

>10sen hopefully

Good123

25,111 posts

Posted by Good123 > 2020-10-19 08:24 | Report Abuse

9342 ANZO ANZO HOLDINGS BERHAD
Consolidated results for the financial period ended 31/07/2020
Quarter: Others
Financial Year End: 30/09/2020
Report Status: Unaudited
Submitted By:
3 Months 3 Months 12 Months 12 Months
01/05/2020 to 31/07/2020 01/05/2019 to 31/07/2019 01/08/2019 to 31/07/2020 01/08/2018 to 31/07/2019
RM '000 RM '000 RM '000 RM '000
1 Revenue 20,026 1,721 35,563 6,218
2 Profit/Loss Before Tax 15 (827) (1,372) (3,537)
3 Profit/(loss) attributable to ordinary equity holders of the parent 34 (808) (1,294) (3,459)
4 Net Profit/Loss For The Period 34 (808) (1,294) (3,459)
5 Basic Earnings/Loss Per Shares (sen) 0.00 (0.09) (0.15) (0.39)
6 Dividend Per Share (sen) 0.00 0.00 0.00 0.00
As At End of Current Quarter As At Preceding Financial Year End
7 Net Assets Per Share (RM) 0.1599 0.1625

Good123

25,111 posts

Posted by Good123 > 2020-10-19 08:45 | Report Abuse

more to to come. 9342 ANZO ANZO HOLDINGS BERHAD
MULTIPLE PROPOSALS
MULTIPLE PROPOSALS
ANZO HOLDINGS BERHAD ("ANZO" OR THE "COMPANY")(I) SUPPLY AGREEMENT;
(II) PROPOSED RATIFICATION;(III) PROPOSED DIVERSIFICATION; AND(IV) PROPOSED
PRIVATE PLACEMENT(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

Good123

25,111 posts

Posted by Good123 > 2020-10-19 08:48 | Report Abuse

What causes penny stocks to rise?
Since most penny stocks have relatively few shares trading in the market and are thought of as somewhat illiquid, any good news can spark a quick rise in price because traders, trying to buy shares to fill orders, raise their bids to attract selling by stockholders wanting to take profits.

Good123

25,111 posts

Posted by Good123 > 2020-10-19 08:49 | Report Abuse

9 Signs that Penny Stock Is About to Rise
Watch the money flows. ...
Spikes in trading volume. ...
See what management has done with previous companies. ...
Their name, product, or industry keeps coming up. ...
Bank on increasing market share. ...
Welcome smaller slices of larger pies. ...
Higher highs, higher lows. ...
Watch professional investors.

Good123

25,111 posts

Posted by Good123 > 2020-10-19 09:40 | Report Abuse

THERE appears to be a rise in the phenomenon of self-proclaimed investment “gurus” of late.

The activities of these so-called investment gurus have been more prevalent with the ease of information through social media outlets.

These gurus can promote or market any type of investments ranging from property, stocks, commodities or currencies in the foreign exchange market.

This has prompted a statement to be issued by the Securities Commission (SC) which warned that it is unlawful for anyone to give investment advice without a licence.

This is an offence under securities laws and may, upon conviction, attract punishment of a fine not exceeding RM10mil or imprisonment not exceeding 10 years or both.

In a report, the SC said any investment advice, whether through formal channels such as analyst reports or social media platforms such as Facebook and Telegram, is considered one of the seven regulated activities under the Capital Markets and Services Act 2007 (CMSA).

“Anyone conducting such activities will need to have a valid licence issued by the SC, ” the regulator said.

The laws notwithstanding, there appears to be a lack of enforcement in this area by the regulators.

Founder and managing director of fee-only certified financial planner MyFP Services Sdn Bhd Robert Foo warns everyone against being gullible when getting advice from self-proclaimed gurus.

“Many people will proclaim to be a guru when they know little about a particular area, ” Foo told StarBiz.

“Many people may know a bit more than me in certain areas of investments but can they meet my needs or achieve my investment goals? This must be considered. It doesn’t matter what guru they may claim to be, ” he said.

Foo said that it is important to take note if a certain person is a licensed investment adviser. “If they are unlicensed then there should be a big question mark. Many people may think they have knowledge in a particular area but in real life it’s not just about knowledge, ” he said.

“In real life it’s having knowledge and knowing how to apply this knowledge: this is called practice and practising is more important, ” Foo added.

Foo highlighted that whenever any financial product is introduced or marketed, that there would be commission payments involved.

Meanwhile, for some others, they may not receive commissions directly but they benefit indirectly since the products they introduced is likely to be the introducer’s client for their other business interests or their family’s business interests.

“You have to know that nobody else is paying the commission: only you (the purchaser of a financial product). There are many gurus who are talking so when these people talk: they are selling something and helping a particular company, ” Foo said.

“It’s okay if people want to sell you things, and you are willing to buy from them. But you have to ask yourself, does it make sense to you or in achieving your goals?” he added.

Foo also noted that some gurus may have more knowledge in a subject matter and people may actually also learn something from them.

“If they say they are guru, which areas are they an expert in? Bear in mind, don’t simply trust someone just because they claim themselves to be a guru, ” he said.

Good123

25,111 posts

Posted by Good123 > 2020-10-19 09:55 | Report Abuse

Buy-out News

Buy-out news or merger rumors can send the price of penny stock companies higher. This is good for investors who already have a share in the company. In order to take advantage of similar events, investors keep an eye on larger, established blue-chip firms that are looking to buy up a penny stock company at its initial stage. Similar companies in the same industry, or companies with complementary business objectives or products, eventually can decide to merge together.

Marketing Push

Another technique used to evaluate penny stocks is the Leeds Analysis. Part of this analysis looks at the company’s marketing strategy. Examples are the company’s brand awareness, its positioning in the industry and how well it is differentiated from other products. Investors who are aware of the company can dedicate time to research and then buy the stock. The effect on the stock price is compounded as investors flock in droves to buy up the cheap, familiar stock.

Good123

25,111 posts

Posted by Good123 > 2020-10-19 10:00 | Report Abuse

hopefully


Things could get more exciting for Anzo.

Rumours has it that a Chinese global fund had been buying up shares in Anzo and would likely end up as a majority shareholder in the timber and property development company.

Good123

25,111 posts

Posted by Good123 > 2020-10-19 10:04 | Report Abuse

The company, the source added, was on the right track now as it had been able to turn around in the last quarter despite the movement control order (MCO) which came into effect in March.

"Anzo is aware that property development will take a longer time to recover from the Covid-19 pandemic while construction activities have slowed down in the country. It is eyeing new business to take it forward and remain profitable," the source said.

Good123

25,111 posts

Posted by Good123 > 2020-10-19 10:13 | Report Abuse

further announcement otw?

KUALA LUMPUR: Anzo Holdings Bhd may have bagged a new contract worth RM1.3 billion to RM1.5 billion to export copper scrap to Japan and South Korea.

Sources said the company might announce the potential deal as early as next week.

Good123

25,111 posts

Posted by Good123 > 2020-10-19 10:15 | Report Abuse

if confirmed, jump to 15-20sen immediately?KUALA LUMPUR: Anzo Holdings Bhd may have bagged a new contract worth RM1.3 billion to RM1.5 billion to export copper scrap to Japan and South Korea.

Sources said the company might announce the potential deal as early as next week.

Good123

25,111 posts

Posted by Good123 > 2020-10-19 11:14 | Report Abuse

can export the copper scrap to china too :)
Gross domestic product (GDP) grew 4.9% in July-September from a year earlier, the National Bureau of Statistics (NBS) said on Monday, slower than the median 5.2% forecast by analysts in a Reuters poll and following 3.2% growth in the second quarter.

BEIJING: China stepped up its economic recovery in the third quarter from the Covid-19 coronavirus shock but missed forecasts, pointing to continued challenges for one of the few drivers of global growth this year.

Gross domestic product (GDP) grew 4.9% in July-September from a year earlier, the National Bureau of Statistics (NBS) said on Monday, slower than the median 5.2% forecast by analysts in a Reuters poll and following 3.2% growth in the second quarter.

The world's second-largest economy grew 0.7% in the first nine months from a year earlier, NBS said.

Policymakers globally are pinning their hopes on a robust recovery in China to help restart demand as economies struggle with heavy lockdowns and a second wave of coronavirus infections.

China has been steadily recovering from decades-low growth seen in the first months of the year caused by the coronavirus shock. But several recent indicators have pointed to a broader upturn in consumption as well in the third quarter.

On a quarter-on-quarter basis, GDP rose 2.7% in July-September, the bureau said, compared with expectations for a 3.2% rise and an 11.5% rise in the previous quarter.

Industrial output grew 6.9% in September from a year earlier, after a 5.6% rise in August, while retail sales grew 3.3%, versus a 0.5% rise in August.

Fixed-asset investment rose 0.8% in the first nine months from a year earlier, after dipping 0.3% in the first eight months.

The government has rolled out a raft of measures this year, including more fiscal spending, tax relief and cuts in lending rates and banks' reserve requirements to revive the coronavirus-hit economy and support employment.

While the central bank stepped up policy support earlier this year after widespread travel restrictions choked economic activity, it has more recently held off on further easing.

The International Monetary Fund has forecast an expansion of 1.9% for China for the full year, the only major economy expected to report growth in 2020.

Premier Li Keqiang warned earlier in October that China needs to make arduous efforts to achieve its full-year economic goals, citing a complex domestic and foreign environment. - Reuters

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-10-19 11:38 | Report Abuse

ANZO HOLDINGS: Proposed diversification into copper supply business; turnaround catalyst?


Anzo proposed to undertake:

1) a private placement of up to 231m new ordinary shares in Anzo representing approximately 25% of the enlarged number of issued shares;

2) a diversification into the trading of industrial materials and related business; and

3) a conditional supply agreement between Anzo’s wholly-owned subsidiary Anzo Trading S/B and CSTME Resources S/B to supply copper scrap as per the Institute of Scrap Recycling Industries’ specifications.

Based on an illustrative issue price of MYR0.0932 per placement share, the group will raise up to MYR19.4m for: 1) working capital (MYR14.0m); 2) other administrative and operating expenses (MYR5.0m) and 3) expenses related to the placement exercise (MYR0.4m).

This fund raising exercise is crucial for the group as its cash & bank balances stood at only MYR6.4m as at end-Jun 2020. This compares to the initial cash outlay required for purchase of copper scrap which is estimated at up to MYR20m.

For the proposed diversification, Anzo expects the trading business to help in its turnaround. This unit helped Anzo returned to profitability in 4QFY9/20. The conditional supply agreement requires Anzo to supply up to 60,000MT copper scrap to CSTME at MYR23,000/MT for 40 months (total contract: MYR1.3b).

The new venture could reduce dependency on its existing business of timber and construction, which had dragged the group into the red since FY10, mainly on weak demand for its timber products as well as high operating costs. Meanwhile, its property venture is exposed to the slowdown in the economy.

mdfadly

289 posts

Posted by mdfadly > 2020-10-19 12:31 | Report Abuse

Cakap banyak2, pump hari2 dekat 3 bulan harga yang sama jugak..haha

Good123

25,111 posts

Posted by Good123 > 2020-10-19 13:31 | Report Abuse

rumours, pelabur China.. jika 25% syer terbitan baru adalah untuk tycoon China, terus melambung kot , sabar

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-10-19 13:34 | Report Abuse

Volume had surged suddenly last Friday. Agreed, patient.

Date Range Close Volume
16/10/2020 0.085 - 0.095 0.09 39,468,700
15/10/2020 0.085 - 0.09 0.085 4,782,000
14/10/2020 0.085 - 0.09 0.09 2,296,700
13/10/2020 0.085 - 0.09 0.085 2,989,600
12/10/2020 0.085 - 0.095 0.09 4,955,100
09/10/2020 0.09 - 0.10 0.09 15,261,700
08/10/2020 0.085 - 0.095 0.095 7,539,100
07/10/2020 0.085 - 0.095 0.09 24,316,500
06/10/2020 0.085 - 0.09 0.085 1,833,000
05/10/2020 0.085 - 0.09 0.09 3,832,800
02/10/2020 0.085 - 0.09 0.085 5,743,100
01/10/2020 0.085 - 0.09 0.085 5,327,400
30/09/2020 0.09 - 0.095 0.09 8,988,600
29/09/2020 0.09 - 0.095 0.09 8,075,500
28/09/2020 0.09 - 0.095 0.09 11,184,000
25/09/2020 0.09 - 0.10 0.09 9,302,100
24/09/2020 0.09 - 0.10 0.095 12,215,400
23/09/2020 0.09 - 0.10 0.095 15,707,800
22/09/2020 0.095 - 0.105 0.095 31,078,800
21/09/2020 0.10 - 0.12 0.10 51,103,900

Good123

25,111 posts

Posted by Good123 > 2020-10-19 14:19 | Report Abuse



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Malaysia the new copper scrap hub

COMMODITIES

Tuesday, 19 May 2020

6:59 AM MYT

By Andy Home



U.S. exports to Malaysia mushroomed from 120,000 tonnes in 2018 to 221,000 tonnes last year, according to International Trade Centre figures. In 2015, the export flow to Malaysia totalled just 613 tonnes.

LONDON: China is short of copper scrap. This is largely a problem of its own making. China has steadily restricted imports of a material officially designated as "waste" during its broader war on pollution.

Beijing had intended to ban all copper scrap imports at the end of this year in the same way it has already locked out other forms of "foreign garbage" such as used plastic.

Good123

25,111 posts

Posted by Good123 > 2020-10-19 14:20 | Report Abuse

The government has since relented under pressure from its own copper sector, which was panicking about the loss of a major component of China's copper supply chain. Imports of higher-grade copper scrap have been reclassified from "waste" to "resource".

Other things being equal, China's copper scrap imports would be expected to recover from their depressed levels to fill any gap.

However, COVID-19 has upended that assumption.

Good123

25,111 posts

Posted by Good123 > 2020-10-19 14:22 | Report Abuse

The coronavirus has restricted the collection and processing of scrap around the world, including in China. Lockdowns have idled manufacturing activity, halting the generation of "new" scrap. The copper price has slumped, reducing the value of "old" scrap.

China's newly-defined copper "resource" is one that is currently in short supply.

MINDING THE GAP

China's import volumes of copper scrap shrank to 1.5 million tonnes last year from 2.4 million in 2018 and 3.6 million in 2017, the year before Beijing launched its "war on waste".

Imports fell further to just 210,000 tonnes in the first quarter of this year.

Restrictions and bans on lower-quality material mean that what is now entering China is typically very high-purity scrap.

The average implied copper content of last year's imports, derived from a comparison of volumes and dollar values, surged to 78% from just over 40% in the years prior to 2018.

The purity benefit, however, doesn't offset the scale of lost tonnage. China's copper scrap gap last year looks to have been a couple of hundred thousand tonnes of contained metal. The pitfalls of the law of averaging make it difficult to quantify with precision.

But the gap was evidently wide enough for Chinese processors successfully to lobby Beijing to exclude high-grade "resource" from the looming ban.

China is the world's largest refiner of copper from scrap material. Such secondary production has been running in excess of 1.5 million tonnes per year for the last decade.

Imports have fed this industry. Although China's own scrap generation is rising, the intense pressure on Beijing to part-reverse its policy tells you that industry players felt domestic supply increases wouldn't be enough to compensate for the total loss of imports.

The semantic battle may have been won but now the coronavirus is restricting both domestic and overseas scrap supply further.

Multiple mine curtailments due to quarantine have simultaneously disrupted flows of copper concentrate to Chinese smelters, representing a raw materials double-whammy for the country's producers.

It's noticeable that among the measures announced by the government of Jiangxi province to support its local copper industry is a pledge to "revitalize" scrap import quotas and transfer any quotas held by traders to actual copper processors.

Beijing has also just suspended for one year a punitive 25% import tax on U.S. copper scrap as part of the Phase I trade deal.

That tax pretty much killed off scrap flows from what has historically been China's largest supplier.

But it's a moot point whether Beijing's latest change of scrap policy can revitalise trade between the world's two biggest economies.

Good123

25,111 posts

Posted by Good123 > 2020-10-19 14:22 | Report Abuse

Malaysia the new copper scrap hub

China's imports of U.S. copper scrap imploded to 89,000 tonnes last year from 352,000 tonnes in 2018, according to the country's customs department.

What was shipped was extremely high-purity material with an average implied copper content of almost 90%.

However, little of it stayed long in China. Every major U.S. shipment arriving in the third quarter last year passed customs under a "processing with imported material" code, implying it made no lasting impression on China's domestic scrap market.

What the United States used to ship to China it now sends to Malaysia, the hub of a new off-shore industry converting lower-grade scrap to Chinese import specifications.

U.S. exports to Malaysia mushroomed from 120,000 tonnes in 2018 to 221,000 tonnes last year, according to International Trade Centre figures. In 2015, the export flow to Malaysia totalled just 613 tonnes.

This is a redirection of lower-grade material once destined for China or its back door in Hong Kong. Last year's shipments from the United States to Malaysia had an average content of 31%, lower than any other top-10 export destination.

Malaysian processors dismantle and clean this material before purifying it into a form of copper that meets Beijing's new "resource" thresholds.

Malaysia has emerged as the largest supplier of copper scrap to China, accounting for 18% of total imports last year. The calculated content of the material averaged a high 89%.

It is, however, simply U.S. supply in disguise. The world's biggest exporter is still shipping to China but, thanks to Chinese scrap and trade policy, now via Malaysia.

The global supply chain has changed and probably permanently, mitigating the impact of Beijing's duty waiver.

Good123

25,111 posts

Posted by Good123 > 2020-10-19 14:23 | Report Abuse

Scrap balancer

Scrap is often the hidden balancer of the copper market. During periods of oversupply and low pricing, scrap availability reduces, increasing demand for primary copper.

Thanks to COVID-19, the London copper price has tumbled from a January high of $6,343 per tonne to $5,315.

That's a sufficiently sharp fall to inhibit scrap supply. But the coronavirus is also accentuating the price effect as lockdowns freeze national collection networks and international trade flows.

Just as China has reopened its doors to copper scrap imports, even those from the United States, it's likely to find there's not much there.

The scrap gap is going to take a while to plug.

Those Chinese smelters that can will go after more copper concentrates.

That's not easy right now. The availability of concentrates was already tightening before COVID-19 as new Chinese smelters fought with incumbents for raw material. The virus has thrown supply disruption, particularly in key exporting countries such as Peru, into the mix.

This means the scrap gap will translate into stronger demand for refined metal to compensate for any loss of domestic "secondary" production and for a shift in input mix by fabricators that use both scrap and metal to manufacture products.

As ever with scrap, the balancing effect will be hard to see or quantify, but Beijing's recent changes of policy leave no doubt China feels it needs to start plugging the gap. - Reuters

Good123

25,111 posts

Posted by Good123 > 2020-10-19 14:56 | Report Abuse

penny stocks related to Eddie up today macpie, xox, m3... anzo started at 9 5 Sen now

Good123

25,111 posts

Posted by Good123 > 2020-10-19 15:07 | Report Abuse

SYDNEY: Asian markets advanced toward a recent 2-1/2-year peak on Monday powered by hopes of a U.S. fiscal package and expectations of a coronavirus vaccine by the end of this year, though gains were held back by weaker-than-expected Chinese economic data.

In early European trades, the pan-region Euro Stoxx 50 futures added 0.25%, German DAX futures were slightly higher while London's FTSE futures were down 0.07%.

MSCI's broadest index of Asia-Pacific shares outside Japan climbed 0.5% for its second straight day of gains, paring back slightly following third-quarter gross domestic product (GDP) data from China.

The index has risen in eight of the last 10 sessions amid a rally in risk assets buoyed by hopes of a coronavirus vaccine and expectations of a so-called "blue wave", which would see the Democrats claim victory in November's elections.

Chinese shares started higher but slipped into negative territory in afternoon trading after China's third-quarter GDP data rose 4.9%, missing expectations for a 5.2% growth.

In a positive sign, however, separate monthly indicators pointed to an expansion in economic activity.

Industrial output accelerated 6.9% in September from a year earlier, when analysts were looking for a 5.8% gain from a 5.6% rise in August.

Retail sales edged up 3.3% last month from a year earlier against expectations for 1.8% growth.

"The rebound in Q3 GDP was less strong than expected, but was still a decent 4.9% year on year. September data beat expectations, suggesting a pick-up in momentum towards the latter part of Q3," said Frances Cheung, head of macro strategy for Asia at Westpac in Singapore.

"The pick-up in momentum was broad based, which bodes well for the Q4 outlook." Japan's Nikkei rose 1.1% while Australia's benchmark index added 0.9%.

Boosting overall sentiment, drugmaker Pfizer Inc said on Friday it could have a coronavirus vaccine ready in the United States by the end of this year.

E-Mini futures for the S

Good123

25,111 posts

Posted by Good123 > 2020-10-19 15:10 | Report Abuse

seem like a rotational play on Eddie related stocks today

Good123

25,111 posts

Posted by Good123 > 2020-10-19 15:15 | Report Abuse

the buy queue volume at 9sen is ballooning. interesting

Good123

25,111 posts

Posted by Good123 > 2020-10-19 15:16 | Report Abuse

if the 10sen threshold is broken, many people would rush in probably

Good123

25,111 posts

Posted by Good123 > 2020-10-19 15:43 | Report Abuse

9.5sen is being cleared

Good123

25,111 posts

Posted by Good123 > 2020-10-19 15:43 | Report Abuse

11mil shares buy queue at 9sen :)

Good123

25,111 posts

Posted by Good123 > 2020-10-19 15:44 | Report Abuse

good news ??

Good123

25,111 posts

Posted by Good123 > 2020-10-19 15:59 | Report Abuse

umumkan Hari ini kah?
KUALA LUMPUR: Anzo Holdings Bhd may have bagged a new contract worth RM1.3 billion to RM1.5 billion to export copper scrap to Japan and South Korea.

Sources said the company might announce the potential deal as early as next week.

Good123

25,111 posts

Posted by Good123 > 2020-10-19 16:15 | Report Abuse

9342 ANZO ANZO HOLDINGS BERHAD
Additional Listing Announcement /Subdivision of Shares
1. Details of corporate proposal
Whether the corporate proposal involves the issuance of new type and new class
of securities? N
Types of corporate proposal : ESOS
Details of corporate proposal : Share Issuance Scheme
No. of shares issued under this corporate proposal : 500,000
Issue price per share ($$) : 0.1000
Par Value ($$) (if applicable) : 0.000
Latest issued share capital after the above corporate proposal
In the following
Units : 892,930,960
Issued Share Capital ($$) : Malaysian Ringgit (MYR) 139,608,501.730
Listing Date : 18/09/2020
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

17/09/2020 07:00 AM


Ref Code: 202009173000123

Good123

25,111 posts

Posted by Good123 > 2020-10-19 16:16 | Report Abuse

belum confirmed? :)

Anzo: Bags RM1.5bn copper scrap deal? Anzo Holdings may have bagged a new contract worth RM1.3bn to RM1.5bn to export copper scrap to Japan and South Korea. Sources said the company might announce the potential deal as early as next week. It is believed that Anzo will start exporting the copper scrap to Japan and South Korea effective next month via a company with an AP (approved permit) licence. The contract will create new business opportunities for Anzo in the export markets, said sources. (Business Times)

JohnFook

569 posts

Posted by JohnFook > 2020-10-20 00:59 | Report Abuse

When announcement will be made? Why taking so long???

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