I sense these "sharks" could be the "insiders" also, trying to "re-coup" their money since the company lost money in so many quarters. I dare not to Q even @0.20, but I have already indicated that I Q @0.15 for any sudden drop (at least CLOSE to its NAB value). If I get it, good. If I do not get it, no problem.
@surewin123 I think the so-called LOI...even if they got it....will be end up only making "so little" after all it is under "negotiation". It will not be justifiable for the HIGH stock price. Furthermore, any VALUE will not be realized until certain periods later. Anyway, this is my own assessment and opinion only. So...you can decide.
@Fazir... bukan u yg beli 0.42 hari tu kan... I dah abis peluru gunakan utk beli kaunter ini...sbb itu saya mengharapkan satu keajaiban akan berlaku...
@Fazir Adzhar.. masih berani yer masuk kaunter ni....bg saya... ini adalah kesilapan besar saya beli saham ini...selama hari ini tak pernah terjadi kaunter2 yg saya beli turun teruk mcm ni...inilah pengalaman dan pengajaran berharga yg saya dapat dari saham ANZO..aku hanyalah ikan bilis...
I know, but doesn't mean I should stop studying it :) and what IF they managed to work something out? They've received contract before from these two entities, so that intrigued me.
That's why the condition of the LOI includes that they will be working with MCC Overseas LTd. http://en.mccoverseas.com/product/type/2552-6461-1.html Here's a quick look at what MCC is capable of. But it's ok to be cautious.
That drop, in my opinion was a domino effect. Somebody threw a big chunk of shares, and all the other sharks were surprised and didn't see it coming and everybody just followed since the drop after drop kept triggering everybody's stop loss level. Pump and dump gone wrong, because it affected all those who joined during the initial climb. Even got people who exercised their warrants and who are now probably not very happy.
In both announcements, I only find this: "The financial commitment required by HCCSB together with source of fund can only be determined upon finalisation of contract documents and final contract pricing."
At the moment, I'm inclined to think Datuk Chai as a major shareholder/executive director at KNSB probably got his sight set on potential source of funds for Anzo to work with MCC on the project hence the LOI. Good chance to clean up his name too hehe.
Enjoy your weekend! Good night!
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Posted by i3trader > 2017-04-21 15:17 | Report Abuse
you are welcome Lilihery,just lose money only not a big deal,don't be so sad o.k,next time becareful