Zafirul Haris, you can wait until everything is completed and booked, nothing wrong with that :). For those inside, if they believe in the direction the company is taking, surely they won't let go of their shares at cheap. That's how it works.
When I keep topping up at 30.5 cents and 31 cents so many people say adamant is the only one still interested in buying. Looking back at it that is a good decision.
When the 1.2B LOA is out Anzo will be viewed as the super undervalued gem. The next news i am eyeing for is the QR. Please be in the black. No more red please.
If you believe in the studies you've done, there's no reason to sell at all :). Based on a brief glimpse from what's stated on malaysiastock.biz, they've reduced their losses so that's a good sign.
As for the 1.2 bill contract, personally, I got a good feeling after Tinta Anggun has given Anzo the 109mill contract.
Once bitten twice shy. A lot of stale bull waiting to sell. Better don't chase. Project haven't started all bising bising. No results to show. All buying like hell broke lose. These are all goreng tactics. They still need money to fund that project. So after they stock goreng round 2 they will dump again to suck money from you. So many still licking the burnt skin waiting to sell to cut loss and break even cabut.
They have the capability to push to rm1 for sure, just take a look at the past share price. They just need a good reason/catalyst to make it happen again.
You have every right to doubt after what happened last month. What draws me after yesterday's announcement is because Tinta Anggun had no connection with Anzo (on paper at least) and yet they still gave the contract to Anzo while KNSB (the 1.2 bill contract) got Datuk Chai as a major shareholder so that tipped the balance in Anzo's favor in my opinion. Plus they will work with MCC Overseas, it's not a solely Anzo's 'responsibility'.
Nigel Low, if I remember correctly, they got 3 months to work on the finalization starting last month.
You got a lot of money in this right Neverlossagain? Instead of trying to figure out when they will drive the price up, maybe better just re read some of the announcements and take a time off from monitoring the movement full time. This Datuk Chai is young and he's got a lot to prove that he is capable of steering Anzo in the right direction.
NeverLossAgain... dun worry whether it is ikan bilis or banker. The support is at 30.5cents. Day trader and short term trader will sell for 2 cents benefit. If you hold for long enough say 18 months like for VS, you will slowly but surely see the gain. People will be attracted to companies that perform. Just cool down. If everyday move up by average of 0.5 cents is already consider an excellent achievement.
@adamant, 18months !! just afraid after they take profit @0.32 then they throw remaining share until below 0.30. any advise if sell half my warrant @0.15 then Q and buy back later?
NeverLossAgain... I am a newbie also. I tried before intraday trading and other techniques as well. To me, the best to beat the Mr.Market is buy on prospect of making money and dun sell it when it stop making money. Counters hopping are possible to earn money but also open up possibility to lose money especially since every counter is controlled by sharks. If I were you I would not sell the warrant now since the sentiment is very much improving already. In fact, I would prepare to top up whenever the counter moves a bit sluggish backward.
@adamant, thanks for the advise. it's true. I have bad experience on DNEX, I sold DNEX-WD @0.23 earning 2ctns profit but price surge to 0.245 just after I sold then I buy again @0.25. after I buy price keep drop until below 0.20, by losing $ I sold @0.20. after I sold @0.20 then price keep going up again.....and I still don't learn from my mistake, aizz....
wakakaka.... just let the operator do what they want. But surprising i am seeing 1million and another million lot and another million lot being thrown down like it is not money. Guess they are using the bullet they accumulate at 30.5cents.
I'm also baffled by the pressing down. They got the sentiment/good news on their side and still... Dataprp flies over the mountain without needing anything haha.
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....
John1234
2,020 posts
Posted by John1234 > 2017-05-02 23:23 | Report Abuse
Finally, good news has come. No wonder operator has stopped churning down since last Friday.