Highlights
KLSE: ANNJOO (6556)       ANN JOO RESOURCES BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
2.10   +0.03 (1.45%)  2.08 - 2.12  805,000
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Overview

Market Cap: 1,181 Million
NOSH: 562 Million
Avg Volume (4 weeks):4,085,344
4 Weeks Range:2.04 - 2.59
4 Weeks Price Volatility (%):
10.91%
52 Weeks Range:0.56 - 3.18
52 Weeks Price Volatility (%):
58.78%
Average Price Target: 1.59
Price Target Upside/Downside: -0.51

Financial Highlight

Latest Quarter | Ann. Date 31-Mar-2021 [#1]  |  28-May-2021
Next QR | Est. Ann. Date: 30-Jun-2021  |  27-Aug-2021
T4Q P/E | EY: 282.03  |  0.35%
T4Q DY | Payout %: 1.14%  |  322.28%
T4Q NAPS | P/NAPS: 2.1023  |  1.00
T4Q NP Margin | ROE: 0.21%  |  0.35%

Headlines

Date Subject
31-May-2021 Mplus Market Pulse - 31 May 2021
31-May-2021 Ann Joo Resources - 1QFY21 Above Expectations
31-May-2021 PublicInvest Research Headlines - 31 May 2021
08-Apr-2021 热门股:安裕资源 上挑RM2.66
06-Apr-2021 大马股票 | 安裕资源 | ANNJOO | 20Q4 | 从零开始了解安裕资源 - 少爷兵
23-Mar-2021 【行家论股/视频】安裕资源 钢铁涨价推高净利
23-Mar-2021 Mplus Market Pulse - 23 Mar 2021
23-Mar-2021 Ann Joo Resources Bhd - FY20 Surpassed Expectations
23-Mar-2021 【2K说股市】Annjoo 业绩简报!
18-Feb-2021 热门股:安裕资源 上挑RM2.50
22-Jan-2021 STEEL Industry - HOT ! !
18-Jan-2021 复苏主题当道 建材业现曙光
30-Nov-2020 Ann Joo Resources Bhd - 9MFY20 Within Expectations
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

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.
 
joyd12345 Full lockdown. China steel price down. India steel down. Everything down.
21/05/2021 8:50 AM
joyd12345 Additional :- Inventory loss. Results may be significantly impacted due to inventory loss. Just be cautious. Die die die
21/05/2021 10:52 AM
Jokers2020 pray2 steel uptrend today
21/05/2021 11:08 AM
Jokers2020 up up up annjoo
21/05/2021 11:55 AM
cola Inventory loss?? My understanding is all steel companies are keeping minimum inventory at the moment. Don't think there is impact on inventory loss/gain.
21/05/2021 12:51 PM
joyd12345 The margin cant be high anymore as previously steel companies were banking on inventory gain for the quarter results. Now no more. Starting may, the results going to be lower following the fallen steel price this month.
21/05/2021 12:56 PM
cola Banking on inventory gain? Please watch this webminar

https://youtu.be/eMdmVZcE1r8
21/05/2021 1:02 PM
SEE_Research https://klse.i3investor.com/blogs/see_research/2021-05-22-story-h1565208435-NOW_SHOWING_The_Trilogy_of_FAST_FURIOUS_Shows_PART_11_UPDATED_NUMBER_3_.jsp
22/05/2021 11:15 PM
SEE_Research https://klse.i3investor.com/blogs/see_research/2021-05-23-story-h1565211222-NOW_SHOWING_The_Trilogy_of_FAST_FURIOUS_Shows_PART_11_UPDATED_NUMBER_3_.jsp
23/05/2021 4:20 PM
joyd12345 Lockdown status : 40% sleeping at home and 60% run the factory. Maybe last until August. Expect lower production, lower steel price, equivalent to lower revenue, bad next quarter results. Die die die. I give u sweetener, the upcoming quarter result will be the last impressive result u can see. Take this opportunity. Then, die die die.
23/05/2021 9:49 PM
wallstreetrookie Chinese authorities find it difficult to curb housing and construction growth as locals view homes as a more viable investment than other asset classes. However, other issues such as China's poor energy consumption and steel supply remain harder to control
24/05/2021 6:46 AM
wallstreetrookie When Goldman Sachs upgrades to buy rating on commodities, you know where the exit is haha
25/05/2021 3:53 PM
alextan5680 https://www.klsescreener.com/v2/news/view/830555
25/05/2021 9:05 PM
SEE_Research https://klse.i3investor.com/blogs/see_research/2021-05-25-story-h1565244021-NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_SHOWS_PART_ANOTHER_CHOO_BEE_MET.jsp
25/05/2021 10:05 PM
SEE_Research AN IMPORTANT MESSAGE FOR May, June 2021

Thanks to the rare convergence of these 2 important catalyst factors of this particular stock,

the clock is ticking down for you.

ALCOM GROUP BERHAD / 2674 has these 2 important catalyst factors, namely

ALCOM manufacture, supply :

Aluminium interrelated products
Aluminium commodity price is USD 2,156.25 per metric ton as at 21 Feb 2021
Aluminium commodity price is USD 2,305.00 per metric ton as at 24 May 2021
Historical high price now, as per May 2021 period ,
comparing to April 2020 ,then was USD 1,460.00 per metric ton

Recent good announcement by Alcom / 2674 on 23 Feb 2021
On the financial quarter with revenue RM 109,633,000.00
Record profit -for this financial quarter RM 10,074,000.00 ***
EPS : 7.50
*** = record


Recent good announcement by Alcom / 2674 on 25 May 2021
On the financial quarter with record revenue for this quarter RM 139,828,000.00 ***
Consistent profit -for this financial quarter RM 7,398,000.00
EPS : 5.51
*** = record

Amazing Earning per financial quarter = 7.50 + 5.51 + 5.51 + 5.51 = 24.03 cents, on the assumptions same for the coming quarters =24.03
Annualised per year 24.03 cents x 10 PER (price earning ratio )
Intrinsic value RM 2.40 less 30 % discount,
Final mid term target price RM 1.68




surge to limit up
For Alcom / 2674 --- 27 May 2021 / Thursday = RM 1.19 ( RM 0.30 )

Another metal stock similar in the making like Choo Bee Metal Industries Bhd., /5797 as per recent good financial announcement
21 May 2021 --

surge to limit up
Choo Bee / 5797 on 21 May 2021 = RM 1.64 (closed)
Choo Bee /5797 on 24 May 2021 = RM 2.13 ( closed - limit up +30 % = + RM 0.49 )
26/05/2021 12:20 AM
SEE_Research For 27 May 2021
Thursday

Alcom /2674,

Steel counters especially
Choo Bee,
Ann Joo will provide uptrend momentum for steel, aluminum sectors,
Plus Alcom /2674 will also help in aluminum sector for positive price uptrend.
27/05/2021 12:50 AM
wallstreetrookie Inflation fear wildly exaggerated
27/05/2021 7:23 AM
TCLEOW75 when is QR?
27/05/2021 11:10 AM
Peter Lau MY This evevning
28/05/2021 9:18 AM
vincent cym nice!
28/05/2021 6:02 PM
Albukhary 大佬好耶!果然是大佬
28/05/2021 6:06 PM
ming Inventory still ok..
28/05/2021 7:03 PM
Maxsuper 73.62M profit....
28/05/2021 9:39 PM
ming Tapi ada mco
28/05/2021 10:37 PM
yenhan Steel production essential or not
28/05/2021 10:51 PM
ming Higher overhead cost for mandatory plant shutdown of RM12.83 million due to approximately
one-month plant stoppage during MCO period in 2Q2020 as compared to RM5.21 million for a 14-day plant stoppage in 1Q2020.
28/05/2021 11:02 PM
ming 2 weeks - 5mil
4 weeks - 12 mil

Still affordable la.. lol
28/05/2021 11:03 PM
mf panic sell
28/05/2021 11:07 PM
joyd12345 I told you. Total lockdown. Die die die.
28/05/2021 11:30 PM
joyd12345 No production, no sales, no profits, business kaput… die die die
28/05/2021 11:31 PM
Zackmeiser Not bad qr.
29/05/2021 2:44 AM
blackchicken KUALA LUMPUR: Ann Joo Resources Bhd turned in a huge profit in the first quarter thanks to rising steel prices and stronger export demand.
30/05/2021 5:03 PM
ming Manufacturing - operate with 10% workforce
Trading - normal operation
30/05/2021 8:06 PM
wallstreetrookie There is little convincing evidence to support the deeply held belief among economists that expectations themselves can fuel inflation. Workers demanding bigger pay increases in anticipation of inflation can indeed make it worse, but there needs to be some initial trigger, such as the 1970s oil shock or sharp currency depreciations. Even unusually rapid economic recoveries like today’s don’t typically qualify.

Investors who truly fear such worst-case scenarios may still want inflation hedges. For the rest, they are becoming a pricey insurance policy.
31/05/2021 6:03 AM
joyd12345 Limit down. Die die die Lockdown. Die die die.
31/05/2021 9:08 AM
ElloMate Ann Joo Resources is 43% Undervalued at this point in time.

https://simplywall.st/stocks/my/materials/klse-annjoo/ann-joo-resources-berhad-shares/news/an-intrinsic-calculation-for-ann-joo-resources-berhad-klsean
01/06/2021 10:14 AM
IvanC forming right shoulder
03/06/2021 2:28 PM
wallstreetrookie Steel remains a solid insurance policy in preparation of inflation theme. However, economic recovery in Malaysia is projected to only take place in Q1 2022
10/06/2021 3:09 PM
Qwertyuiop Buy, commodity supercycle still at early stage. Look at the overall environment, dont just focus on one.
11/06/2021 9:17 AM
joyd12345 Lockdown continue. How long this company gonna survive. Die die die. No production for 1 month maybe extend for another 2 month until August. Die die die. Steel is not essential. Die die die.
12/06/2021 12:49 AM
schuafamily Why some people are so pessimistic? Company with fundamentally strong don't just die so easily!
15/06/2021 3:37 PM
hsyanbird nice price to enter below 2.4.
15/06/2021 6:07 PM
Qwertyuiop ya lo dont know scare what seven, look at the global environment, what is happening!
https://www.youtube.com/watch?v=eMdmVZcE1r8
Suggest you to watch this interview with ANNJOO boss.
15/06/2021 9:41 PM
joyd12345 China dump steel market. Die die die. Lockdown no production. Die die die. Double whammy. Triple whammy. Die die die.
17/06/2021 2:28 PM
pang72 No more steel man..
Its crashing!!
17/06/2021 3:33 PM
pang72 Steel crash till no one here..

It is good. That proved no newbies injured in steel crashing..
17/06/2021 7:34 PM
pang72 Is everyone OK?
18/06/2021 2:26 PM
goreng_kaki 上个礼拜中国出手控制大宗商品价格

不让钢铁价格飙升

还好我在2.90的价位清仓全部annjoo了

现在钢铁股要涨,除非交出令人满意的业绩

不然凉凉
21/06/2021 9:22 AM
wallstreetrookie “Inflation has increased notably in recent months,” Powell said in written remarks prepared for his Tuesday testimony before the House Select Subcommittee on the Coronavirus Crisis, citing increases in oil prices and a “rebound” in spending as the U.S. economy re-opens.

“As these transitory supply effects abate, inflation is expected to drop back toward our longer-run goal,” he said.

Powell’s remarks were largely a repeat of his opening comments at his June 16 press conference, following a policy meeting of the central bank.
22/06/2021 4:59 AM
imvu hari ni rebound , gap up limit up .
22/06/2021 7:54 AM


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