Highlights
KLSE: ANNJOO (6556)       ANN JOO RESOURCES BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
0.735   0.00 (0.00%)  0.00 - 0.00  0
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Overview

Market Cap: 412 Million
NOSH: 560 Million
Avg Volume (4 weeks):2,189,289
4 Weeks Range:0.56 - 0.82
4 Weeks Price Volatility (%):
89.63%
52 Weeks Range:0.415 - 1.40
52 Weeks Price Volatility (%):
52.50%
Average Price Target: 0.53
Price Target Upside/Downside: -0.205

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2020 [#2]  |  27-Aug-2020
Next QR | Est. Ann. Date: 30-Sep-2020  |  27-Nov-2020
T4Q P/E | EY: -3.10  |  -32.27%
T4Q DY | Payout %: 3.28%  |  - %
T4Q NAPS | P/NAPS: 2.0045  |  0.37
T4Q NP Margin | ROE: -6.99%  |  -11.83%

Headlines

Date Subject
25-Nov-2020 [转贴]阿笔谈股系列40-浅谈AnnJoo (安袷)- 中国刺激经济计划
07-Oct-2020 Building Materials - Better Days Ahead
28-Aug-2020 Ann Joo Resources Bhd - Below Expectations
11-Aug-2020 Trading Stocks - Ann Joo Resources
01-Jul-2020 Ann Joo Resources Bhd- 1QFY20 Below Expectations
01-Jul-2020 Mplus Market Pulse - 1 Jul 2020
01-Jul-2020 Ann Joo Resources - 1QFY20 losses widen due to MCO
28-May-2020 Mplus Market Pulse - 28 May 2020
27-May-2020 Traders Brief - Escalating US-China Turmoil and Results Season May Cap Further Rebound
25-May-2020 Traders Brief - Hungry Bulls to Break 1429 Resistance
03-Apr-2020 Building Materials - Keep Your Hard Hat On
25-Feb-2020 Ann Joo Resources - In the Red in FY19, Prospects Remain Weak
25-Feb-2020 Ann Joo Resources Bhd - FY19 Below Expectations
25-Feb-2020 Mplus Market Pulse - 25 Feb 2020
17-Feb-2020 Trading Stocks - Ann Joo Resources
23-Jan-2020 Building Material - Duties on Rebar Imports From Singapore and Turkey
06-Jan-2020 Building Materials - Challenging Outlook
03-Jan-2020 Trading Stocks - Ann Joo Resources
02-Jan-2020 Daily Technical Highlights – (ANNJOO, TAKAFUL)
28-Dec-2019 3利空笼罩·建材业短期看淡

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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  5 people like this.
 
apple168 No money to kickstart projects.. too many competitors pushing down the steel price...
21/04/2020 2:47 PM
apple168 Buying now is relieving ppl from the trap...
21/04/2020 2:47 PM
PresidentRotiCanai Big kaki masuk annjoo
23/04/2020 4:49 PM
23/04/2020 4:52 PM
PresidentRotiCanai Break resistamce
24/04/2020 9:08 AM
apple168 解套了!谢谢!
24/04/2020 9:49 AM
apple168 在没有利好消息让股价上涨,是有心人推股价出票,小心!
24/04/2020 9:55 AM
apple168 谁买在最高点,就住套房!
24/04/2020 9:56 AM
chief999 hi, is annjoo or other steel manufacturer allowed to operate the factory during MCO?
24/04/2020 9:59 AM
apple168 None of the steel companies able to operate during this MCO period inclusive the largest steel in south east Asia ie alliance steel in Kuantan!
24/04/2020 10:10 AM
ming I tot building material sectors in the lists to operate during mco..not?
24/04/2020 1:45 PM
apple168 One more week to shorting!
24/04/2020 2:48 PM
SuperPanda buy and wait next year, if cannot go rm1, i pay your loss, but if can, give me half of your profit : )
28/04/2020 5:15 PM
Kheone Panda, which steel counter is the best in bursa? Plan to buy in big this year batch by batch
15/05/2020 1:40 PM
chimchim too bad is steel and not metal, or else could have caught the attention of the 5G cook
20/05/2020 9:44 AM
winmal construction brewing ... steel sector follow as construction restart
21/05/2020 10:45 AM
lingling66 pray for have any dividend announcement this month end!!
22/05/2020 4:49 PM
khatulistiwa1234 Below 0.50 coming
30/05/2020 11:06 AM
xiaoeh Khatul, why u say so? any news...?
31/05/2020 5:50 PM
Ong Eng Lee Financial result lousy? Why not out
01/06/2020 6:15 PM
T800Terminator When director disposed. You better beware.
01/06/2020 7:36 PM
Ong Eng Lee The report delay so long
03/06/2020 5:10 PM
Solomon7 The slow down of Alliance Steel production (staff retrenchment) could be a temporary boon to the oversupply local steel market. Any opinion on this?
04/06/2020 10:35 AM
winmal TP 0.85 this month
04/06/2020 11:13 AM
stan0166 https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3056590
05/06/2020 5:55 PM
stan0166 hi all... is above good or bad news to investors?
05/06/2020 5:55 PM
sunnyguy @stan0166: It is just a normal corporate proposal.... No much effect to investor until they really exercise it.
27/06/2020 9:55 PM
ivanlau 2-3 years ago a lot of tyxxp follower invest in steel counter but at the end all go holland . This is one of tyxxp poor performance record .
04/07/2020 8:38 PM
Albukhary ivanlau, 6 months later all the TYXXX members who currently earn huge in glove counter may face the same thing like Annjoo.
05/07/2020 12:11 AM
dompeilee Bought AnnJoo @ 74c
06/07/2020 10:29 AM
Jeffreyteck Cash less than 50m. Loans more than 1080m. Est nta will be halved soon. Price may be pushed up before poor Q2 announcement.
17/07/2020 9:20 AM
ikanbilishehe buy buy buy
11/08/2020 4:33 PM
yfchong Is annjoo good time to invest now.?
23/08/2020 10:48 PM
OneSmallStep Loss making...let it drop further...hopefully turn around next QR
27/08/2020 9:11 PM
khatulistiwa1234 86 million LOSE .
28/08/2020 6:35 AM
freddiehero OK OK.. nice
28/08/2020 6:43 AM
yfchong 50 cts a good entry point
28/09/2020 2:33 PM
Newbie Kilang dah terbakar
20/10/2020 10:37 PM
ming wah.. price still firm tak lausai lagi.. somemore no suspend for announcement
21/10/2020 9:12 AM
ming I tot other steel company should benefit from annjoo fire..as supply reduce
21/10/2020 2:23 PM
stampid54 Big kaki semua tahan price ah.... Still not lausai, how to in
23/10/2020 3:42 PM
bali Biden win, war trade end, big stimulus to steel countet
08/11/2020 8:44 AM
Solomon7 Stubbornly strong...
16/11/2020 7:08 PM
Samuelgold Show time
18/11/2020 10:33 PM
whatsapp_60108599233 ANNJOO
- Entry: <0.72
- Cut Loss: 0.695
- Risk: 3.47%
- MACD: 0.0044

TP Valid for Swing only:
- TP1: 0.74
- TP2: 0.76
- TP3: 0.78
19/11/2020 12:42 AM
ming Still wonder how big the fire damage to their production.. no announcement at all..
22/11/2020 12:41 AM
dare2join https://www.theedgemarkets.com/article/construction-begins-johor-bahrusingapore-rts-project
23/11/2020 10:05 AM
ChoCho short-mid term rise is possible and sustainable due to good result from recovery in selling price and volume. huge demand from China due to China 14th Five Years Plan to boost commodity reserve. This is also evidenced by the rising of dry bulk cargo prices and counters like Maybulk and similar commodity/metal China listed counters. Infrastructure is the safest play for all governments to boost GDP post covid recovery. The tide will lift all boats.
23/11/2020 10:17 AM
Invest33 TASHIN (0211) - Steel-ing the limelight

Current Price: 0.255

Why should we look into Tashin?

1. Tashin posted strong Q3FY20 results as their net profit was up by 1134% on QOQ basis and 183% YOY. Revenue for the quarter was the highest ever since their IPO in 2019.

Source: https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=0211

2. Malaysia has started with some of the latest mega projects like ECRL & RTS which definitely requires steel therefore the demand for steel will increase.

Source: https://www.channelnewsasia.com/news/asia/malaysia-construction-singapore-johor-rts-bukit-chagar-station-13615148

https://www.malaymail.com/news/malaysia/2020/11/18/transport-ministry-ecrl-project-ahead-of-schedule-to-proceed-with-existing/1923842

3. Iron price has surged up almost up 38 per cent, according to data from S&P Global Platts and set to average $100 a tonne for the first time since 2013.

source: https://www.ft.com/content/2a0f550c-4075-48ef-bda0-0f9e615ba8fb

Conclusion

As we can see from the quarterly performance of Tashin we can see that Tashin has definitely up it’s ante as their result soared up quite significantly.

With the major mega projects now already kick start steel will see it’s demand to increase therefore local steel players will definitely benefit from this.

Iron ore price has being going up and Companies like ChooBee & CSCSteel has shown quite good result. This is probably a step moving ahead in tandem with the demand of iron.
23/11/2020 2:45 PM
dompeilee dompeilee Bought AnnJoo @ 74c
06/07/2020 10:29 AM

It has been awhile =)
23/11/2020 2:50 PM


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