many months =/= many years
Many months still consider short. <1 year? Normal trading company keeps their stock for few months, profit from sale taxable?

Using margin loan to buy shares would even make the case worst. Akin to a venture (business) of trading in shares, financed by margin loan. Business uses loan often. Passive income normally uses own saving.

https://www.thestar.com.my/news/nation/2012/04/15/it-does-not-have-to-be-taxing/

Active trading in shares, especially full time trader is taxable.

unusual and long due since 20 April.

last year final dividend entitlement date announced on 20 April. Today is already 27 april and is late.I guess end today should be confirming the dividend ex-date.

ANNJOO – Top 4 Rebar Manufacturer in Malaysia
http://klse.i3investor.com/blogs/david_masteel/139566.jsp

Good analysis

Thank you. Very detailed analysis. Enhanced version compared to "earlier version".

Good show today!

Ann Joo offers more upside (part 2)
http://klse.i3investor.com/blogs/myinvesting/134062.jsp

Good!

JS Tong, if you have OR, then "Acceptance" column. Not Excess. Or you can call up registrar to confirm. I learnt my big mistake at dear cost last time.

you are right limpek

Continue to charge interest as per contractual terms but impair it immediately for remote recoverability.

It is impairing advances to JCE, but it lumps into share of JCE loss line. Anyway, long term shareholders advances can be viewed investment equivalent in JCE.

Good analysis! Thanks

Great article with good explanation. Thank you.

Consume less electricity and natural gas

Apart from flexibility in feedstock, Ann Joo’s hybrid blast furnace-EAF consumes less electricity and requires lesser natural gas to operate. The hot metal from BF charged into EAH gives substantial savings in electricity consumption. BF gas is “recycled” or channelled to other plants as substitute for natural gas.

AnnJoo's cost leadership in steel industry
http://klse.i3investor.com/blogs/myinvesting/130952.jsp

AnnJoo distributes the profit to shareholders as dividend.

Ann Joo offers more upside (part 1)

https://klse.i3investor.com/blogs/myinvesting/132435.jsp

南洋商报: 每吨约2800元 趋向国际价位 钢铁起价 屋价恐涨
http://klse.i3investor.com/blogs/kianweiaritcles/132460.jsp

霹雳建筑商公会会长刘华兴则提到，随着中国钢铁价格持续高涨，本地钢铁价格从今年初的2200令吉涨至目前约2800令吉，相信未来还会继续上扬，进而影响屋价

Malaysian steel stocks climb, pushed by China output cut

Friday, 15 Sep 2017
http://www.thestar.com.my/business/business-news/2017/09/15/steel-on-the-uptrend/

no wonder SSteel today so so while others continue to rally.

Strong run up for past 2 days. Apart from better outlook, could that be all bankers really need to push up the share price by Sept quarter end to show a reduced loss from IPO? Otherwise, funds performance will fall below benchmark (KLCI, which is without LCTitan to go along).

Cool. Started to buy 3 months ago?

CD premium 22%
CE premium 13%
CF premium 17%

All same due date. Choice is yours.
Banker controlling price? Don't know.

Good run today

安裕资源 ANNJOO – 下半年不可错过的一支股 - RH Research
http://klse.i3investor.com/blogs/kianweiaritcles/131915.jsp

Like

HarryTeo? He has 45k people liked his page and his "students". May be have some influence to a certain extent. :-)

true. may be this industry is very specialised and not common to any layman (not easy to understand), unless you are in that industry.

How low the standard can Focus Malaysia go in allowing "Guest Writer" to publish such bias article without editing?

Good info.

Dont get me wrong. I agreed to your points. I am just discussing from management's interest or perspective.
We are no doubt from investor's perspective. As small investors we dont have capital and access to private placement allocation.

With mother price moved faster than CE & CF price last Friday, the premium now lowered to 17.7% and 21.6% respectively with same due date.
Can we expect some catch up for CE & CF?

LCTITAN - Increasing product price - PP & PE
http://klse.i3investor.com/blogs/myinvesting/131854.jsp

Cost of borrowing (5-6%) vs Cost of capital (10-12%).

From management's perspective, share capital is interest free and not burdening earnings on their KPI. Dividend is not mandatory.

Great analysis!

Ethylene price hike boost for Malaysian and other petrochemical industries

http://www.thestar.com.my/business/business-news/2017/09/08/ethylene-price-hike-boost/#9YQVLG7C3C1FBrj6.99

“While we initially expected the second half of 2017 to be subdued for PChem, Tropical Storm Harvey just pulled an extra gear to PChem’s fortunes. At the current share price, Lotte Chemical is still the cheapest Asian petrochemicals based on enterprise value to earnings before interest, taxes, depreciation and amortisation (EV/EBITDA) and price to book value (P/BV) measures. Based on this and coupled with respectable dividend yields, we advocate accumulating Lotte Chemical’s shares,” said Maybank IB Research.

EGM on June 2017 approved bonus issue exercise.
https://klse.i3investor.com/files/my/blog/img/bl3871_egm_2.png

Shareholders circular on bonus issue - estimated timeframe
Bonus issue to be completed by 3rd quarter of 2017.
https://klse.i3investor.com/files/my/blog/img/bl3871_circular_3.png

Meaning Masteel needs to announce the entitlement date soon to deliver their promise in the circular.

With 1st tranche PP fully subscribed and issued, hopefully Masteel can now proceed with bonus issue.

lower market price lower PP subscription cost, 10% discount is the same. Why want to fork out more? of course block it now, take up more PP before let the price go higher then. May be good for those not yet onboard. Come now! 1.30 many lots u can buy.

Long Steel BIg 4 - ANNJOO, MASTEEL, SSTEEL, LIONIND
http://klse.i3investor.com/blogs/ramboshare4u/131524.jsp

I think PP shares could have been the roadblock now for the price to go higher. The PP shares issued to a particular bank should be <5% for substantial shareholder reporting, hence not sure if they are selling to cash out the gain and continue to buy PP shares at discount.

Thanks for the update.

Indeed, the video is very informative.

AnnJoo's cost leadership in steel industry
https://klse.i3investor.com/blogs/myinvesting/130952.jsp

steel theme on the play now.

螺纹钢、热轧卷板分别收跌4.19%、4.36% http://goodsfu.10jqka.com.cn/20170822/c599852006.shtml