KLSE: ANNJOO (6556)       ANN JOO RESOURCES BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
1.95   -0.01 (0.51%)  1.91 - 1.96  499,500
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Market Cap: 1,090 Million
NOSH: 559 Million
Avg Volume (4 weeks):1,016,985
4 Weeks Range:1.63 - 2.18
4 Weeks Price Volatility (%):
52 Weeks Range:1.63 - 3.98
52 Weeks Price Volatility (%):
Average Price Target: 3.61
Price Target Upside/Downside: +1.66

Financial Highlight

Latest Quarter | Ann. Date 31-Mar-2018 [#1]  |  25-May-2018
Next QR | Est. Ann. Date: 30-Jun-2018  |  22-Aug-2018
T4Q P/E | EY: 5.65  |  17.69%
T4Q DY | Payout %: 10.07%  |  56.92%
T4Q NAPS | P/NAPS: 2.3045  |  0.85
T4Q NP Margin | ROE: 8.44%  |  14.97%


Date Subject
06-Jul-2018 Building Materials – Malaysia - 2H18 Outlook
11-Jun-2018 Technical Analysis - Ann Joo Resources
07-Jun-2018 [转贴] 20180606 长钢股综合分析 (钢铁第085篇)- Leo Ting
29-May-2018 安裕资源 需求前景未明
28-May-2018 Ann Joo Resources - ‘Steel’ Good
28-May-2018 Ann Joo Resources - 1QFY18 net profit declines 17% YoY
27-May-2018 AnnJoo’s Q1FY2018 Quarterly Report
19-May-2018 ANNJOO Share Price vs Malaysia Domestic Steel Bars Price @ 18th May 2018 - oldfriendsinvesting
19-May-2018 ANNJOO Revenue, Net Profit, EPS vs Malaysia Average Domestic Steel Bars Price @ 18th May 2018 - oldfriendsinvesting
30-Apr-2018 Ann Joo Resources - Sales remain robust, but cost pressure mounts
28-Apr-2018 ANNJOO @ 27th April 2018 - oldfriendsinvesting
18-Apr-2018 M+ Online Technical Focus - 18 Apr 2018
06-Apr-2018 Steel Peers Comparison @ 5th April 2018; ANNJOO, LIONIND, SSTEEL, MASTEEL, LEONFB, CHOOBEE - oldfriendsinvesting
23-Mar-2018 Mplus Market Pulse - 23 Mar 2018
28-Feb-2018 [转贴] [ANN JOO RESOURCES BHD, moderate growth] - James Share Investing
26-Feb-2018 Ann Joo Resources - FY17 net profit grows 23% YoY
26-Feb-2018 Ann Joo Resources - FY17 Within Expectations
25-Feb-2018 [转贴] 6556 Annjoo 2017财政年Q4 业绩 - Leo Ting
14-Feb-2018 Daily Technical Highlights – (GENETEC, ANNJOO)
25-Jan-2018 ANNJOO第2篇 - 2018年的扩产(Davidtslim)

Business Background

Ann Joo Resources Bhd is primarily engaged in the manufacturing and trading of steel and steel related products. Business activity of the group is divided into two segments namely Manufacturing and Trading segment. Manufacturing segment consist of manufacturing of iron, steel and steel related products such as billets; mild steel round, angle, round, square, flat, wire rods; and black shafts; and Trading segment is involved in trading of steel products such as carbon steel, stainless steel, hardware products, building and construction materials and it also looks into the operations of steel service centers. Further, the group is also involved in investment holding and property management activity. Geographically, it operates in the region of Malaysia and Singapore.
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  3 people like this.
GRACE1966 Bro kelapa bomoh said 2mrw guaranteed 20-30 sen down. Standby.
12/07/2018 20:25
GRACE1966 Whole world talking about surcharges imposed to industry players starting 1/7/2018 till end of Dec 2018.
12/07/2018 20:28
Beary Tiuniama sipi(missed target) teh, u everyday advise ppl to cut loss cut loss cut loss.

Now ppl are cursing you and your descendants for nine generations.
12/07/2018 20:55
tong01 Electric surcharge still apply to business sector. Residential is exempted with new ~RM1B subsidy until end of this year.
12/07/2018 21:14
tecpower George Kent hits limit-up as smaller-scale LRT3 to go ahead http://www.klsescreener.com/v2/news/view/403593
12/07/2018 23:32
hahaha90 omg, all directors are earning like mad now.. see what price they sapu
13/07/2018 09:09
Fergus Chong Gurantee 20-30 down? Haha
Make me sad when I saw the price went up 10cents again
13/07/2018 09:10
fca70jia Let's go above 2 today .. luckily in at 170 and didn't listen to those who kept saying down .. lol
13/07/2018 09:10
goreng_kaki luckily i sailang 100k@1.65, wonderful profit
13/07/2018 09:12
KAQ4468 CharlesT KAQ4468 why????

12/07/2018 17:02

what why ??
13/07/2018 09:22
KAQ4468 kikikikiki
13/07/2018 09:22
KAQ4468 up 16 cents ka ??

drop 1.60 sudah ... jerk sikit up16 cents kasi happy ...kikikikiki
13/07/2018 09:24
CharlesT Why never drop to RM1.50?
13/07/2018 09:25
CharlesT One day up 0.16
Second day up 0.11

13/07/2018 09:25
KAQ4468 Posted by CharlesT > Jul 13, 2018 09:25 AM | Report Abuse

Why never drop to RM1.50?

oooooo... hang punya soalan , why not drop to 1.50 ??

soon soon ...kikikikik

not just 1.50

1.0 pun boleh
13/07/2018 09:26
Fergus Chong They sad now...
13/07/2018 09:27
Fergus Chong Can’t buy low.. bro I’m sad too... lower better,can earn more.. right? Anyway, happy Friday everyone. Cheers
13/07/2018 09:27
CharlesT 0.80 boleh kah?
13/07/2018 09:28
KAQ4468 1988 , 1998 , 2008 , 2018

mega sales
13/07/2018 09:28
CharlesT Back to early 2016 level when they posted the worst FY results n suffering at high debts....
13/07/2018 09:30
KAQ4468 Posted by CharlesT > Jul 13, 2018 09:28 AM | Report Abuse

0.80 boleh kah?

aiyooo boss ... mega sales punya time ... 60 cents pun boleh dapat..hihihih

when DJI slashed >10k points ... when Hang Seng slashed >10k points

spillover effect to Bursa
13/07/2018 09:31
CharlesT Ok kena pray more

One day drops 5 cents
10 days drops 50 cents

RM1.50 Rm1.20 RM1.00 RM0.80 Rm0.50 Rm0.10 FOC
13/07/2018 09:33
CharlesT Mkt crash Mars attack CPTeh cut loss e-meeting mari
13/07/2018 09:34
KAQ4468 aiyooo Charles ... u on dulu la

aku still in sideway mode ... mau terjun masuk in this time , tak mau woooo.. 1988 , 1998 , 2008 , 2018 ..
13/07/2018 09:36
KAQ4468 waaaa... gua tarak join la sama itu cpteh .. gua lain kapal
13/07/2018 09:38
fca70jia Sold all preparing bullets now
13/07/2018 10:04
Jayden8 Annjoo-cn will shoot up anytime
13/07/2018 11:29
CITADEL 40% made from CP, re enter after correction
13/07/2018 12:42
ming666 is grace 1966 still here? lol
13/07/2018 16:50
probability Malaysia High Court backs safeguard duties for the steel sector

13 July 2018.


Dr M : "I dont believe in free trade"
14/07/2018 01:51
probability CHINA STEEL SPOTLIGHT: Domestic prices spike on Tangshan production cuts

Domestic steel prices in China are picking up strength after news of summer production cuts in the country’s steelmaking hub of Tangshan broke.

July 12, 2018


The price increases came after several mills confirmed that they had received official notices from the Chinese government. Prices rose steadily from the afternoon of Wednesday July 11 after a couple of days of uncertainty over whether the cuts would materialize.

The official notices require steelmakers to restrict production from July 10 to August 31 to curb air pollution.

The most-traded October rebar contract on the Shanghai Futures Exchange rose 1.67% to 3,944 yuan ($591) per tonne during the night trading session on Wednesday, while the benchmark hot-rolled coil contract gained 1.54% to 4,013 yuan per tonne.

On Thursday morning, rebar prices in east China rose 50-60 yuan per tonne to 4,060-4,100 yuan per tonne. Hot-rolled coil prices in east China increased 20-30 yuan per tonne to 4,260-4,270 yuan per tonne.

Concerns over supply have emerged in the Chinese steel market, sources said.

“Most traders believe that several mills have really started to reduce production, or are going to do so,” a Tangshan-based trader said.

The trader said mills in the region such as Tangshan Ganglu Iron & Steel and Yanshan Iron & Steel have confirmed that they have received the government notices, and that they have started to limit production for several steel products in case a shortage of raw materials emerges following the restrictions.

The documents did not specify how much capacity will be cut, but said companies in industries such as steel, coking and cement plants should restrict production till August 31 to reduce the emission of pollutants such as sulfur dioxide, nitrogen dioxide and carbon monoxide.

Districts in Tangshan are being instructed to lower the density of such pollutants by 10-40% in the second half of this year, compared with the first half.

The move will mainly affect sintering and the production of coke, the processes of which results in such emissions. This could reduce the production of iron and steel, with an estimated 130,000-160,000 tonnes of hot metal to be reduced every day once the restrictions take effect, the source in Tangshan said.

Steel prices are expected to rise further, “especially in the short term,” Wang Guoqing, Lange Steel Information Research Center’s research director, said.

This is unlike the price drops seen in other commodity markets, especially after the United States unveiled plans to impose tariffs on an additional $200 billion worth of Chinese goods.

While prices for copper and zinc on the London Metal Exchange tumbled to almost their lowest in a year, and those for crude oil and chemicals had also declined in China’s domestic market, “steel prices have remained robust, driven mainly by domestic pollution-control policies,” Wang said.

But a segment of the market does not expect significant growth in the longer term for steel prices because downstream demand remains low.

Sellers of Chinese steel products have been more willing to export over the past two weeks, not just because of the depreciation of the yuan against the US dollar, “but also because they receive fewer domestic orders these days,” a Beijing-based trader said.

Profit margins for domestic downstream buyers in China have also thinned due to surging prices for raw materials over the past two years, which forces them to place orders for steel only when necessary, he added.

Other market participants believe that Tangshan’s production cuts will not affect the market as greatly as other measures such as the central government’s supply-side reforms and crackdown on substandard steel production. This is because Tangshan’s main focus is on cutting air pollution rather than steel output.
14/07/2018 12:08
probability (1) The move will mainly affect sintering and the production of coke, the processes of which results in such emissions. This could reduce the production of iron and steel, with an estimated 130,000-160,000 tonnes of HOT METAL to be reduced every day once the restrictions take effect, the source in Tangshan said.

(2) Steelmakers OUTSIDE of CHINA are offering their products at COMPETITIVE prices, which will likely limit any uptick in the international


Sintering & coking is the first step in Iron Making from Iron Ore..

These will force Chinese manufacturer to rely on Scrap Steel as raw material for Steel making, which is limited in supply with steep price

The above is precisely the reason why Iron Ore based Steel Manufacturers outside China, margin will expand...
14/07/2018 12:12
CharlesT Bro Probability if annjoo's price drops next week u better stay silent for a longer time....till rm3 then u may come back again...lol
14/07/2018 13:15
CharlesT U hv done more than enough for sharing...just eat peanuts watch the show quietly....
14/07/2018 13:21
Fergus Chong KAQ and grace will come out if next week drop...
14/07/2018 19:43
HENG YUAN PE 7 IS NOT COMING!! coming quarter results might be weak.... although I'm holding from 3.15 to the price now.... lol
15/07/2018 15:18
VincentTang 可以肯定的是,这些钢铁股的Q2表现不会好,主要因为
> 钢铁价格在4-6月期间从每吨RM2,600下跌至RM2,300
> 开斋节放假落在6月 (淡季)
> 改朝换代后,希盟政府大砍建筑合约,导致建筑领域按兵不动,出现放缓
15/07/2018 22:32
bc8660 looking for long-term perspective, this counter sure can accumulate more at this level.
16/07/2018 09:36
tamp0i Good morning, I monitored this counter since 1.7+ but all of a sudden it's 1.9 now and I missed the boat :( Would like to ask is it still worth to jump in now? Thanks masters
16/07/2018 09:57
GRACE1966 Ann Joo Shake Pau Mau Pau. This is the nickname of steel industry for AnnJooAnconda.
16/07/2018 17:21
tecpower Revised LRT3 plan positive for George Kent http://www.klsescreener.com/v2/news/view/404751
16/07/2018 22:08
KAQ4468 Fergus Chong : KAQ and grace will come out if next week drop...

14/07/2018 19:43

why me ??
why me ??
why me ??

why why why ??

17/07/2018 09:32
Fergus Chong Hahaha welcome back...a lot of people miss you both
17/07/2018 10:31
Fergus Chong When the stock price up, ur account can’t log in, luckily I sold it yesterday. Now you are back, Please bring annjoo back to 1.6,1.5,1.4,1.3....0.80
17/07/2018 10:32
KAQ4468 Fergus Chong: When the stock price up, ur account can’t log in, luckily I sold it yesterday. Now you are back, Please bring annjoo back to 1.6,1.5,1.4,1.3....0.80

17/07/2018 10:32

when stock price up , I can't log in ???

ah chong ... what is that ??
17/07/2018 10:45
Fergus Chong Your account will be temporarily lock soon. Appreciate your time when it’s red. Enjoy your annjoo red day

17/07/2018 10:52
KAQ4468 hello macha ....

what are u talking about ??

enjoy red day ?? what is that ??

anything related to me ??
17/07/2018 16:46
sunztzhe This stock in Multiyear timeframe is SIDEWAYS and currently is oversold in big time frame.
High chance recent price correction after hitting a recent high of 3.98 maybe ending.
Weak strength now for downtrend and low chance for further downtrend
High chance it goes sideways with upside bias with immediate target resistance of 2.40
17/07/2018 19:42
myongcc5 Another div is on the way
17/07/2018 22:19
myongcc5 A well managed n good div yield stock!
Darling to investors n fund alike
17/07/2018 22:24


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