Need to differentiate 现货市场和期货市场。 期货市场keep fluctuate, but 现货市场keep increasing in price.

UOB 开始提升钢铁领域的评级了。
安裕依然最好，南钢在业绩出炉后也会有投行跟进。
其它两家也是一样。

预料Kenanga, Maybank 会先跟进。
然后才到其他投行。
有了机构参与，PE8X 的年代将成为过去。
你准备好了吗？

Just refer 2007 Financial year

Q1 result is nothing to compare with Q3.

@edward123 Appreciate your comment and frequent update of live price list. Your price list show the trend of real Malaysia market.

@solaris80 yap. Simulation model still lack of certain factor.

suregain lost his name is OK. But, calvintaneng should be take care of your fame in forum.

https://leoting81.blogspot.my/2017/08/6556-annjoo-2017q2.html

Thanks Edward. You did help all of us.

https://leoting81.blogspot.my/2017/08/5077-maybulk.html

I think there is new institutional investor take position in Ssteel.

Precious info from Edward. Thanks.

@edward123 Good day, Edward, Any idea of shipping fee for billet from Port Klang/Penang Malaysia to China?

https://leoting81.blogspot.my/2017/08/blog-post_17.html

你要买铁？不要问价钱， 先问有没有货！！

买铁吗？不要问价钱， 先问有没有货！！

It is soon going RM2500/MT, local contractors who did not make order previous quarter will cry. Whether you believe or not, Malaysia rebar is still among the cheapest countries in the World.

you know Y20 now in Kuching is RM2830 per MT (60 days term), moreover no stock for bulk order.

https://leoting81.blogspot.my/2017/08/7_16.html

@JayC Don't worry about dividend, Annjoo will also have PBT>100 millions on Q3, and usually Annjoo's dividend higher but just not sure the time of capital expenditure, buy another sword.

@mrcg1982 Simply because it don't want too many investors participated. The run may consume 3 years while now half of the way...

http://news.mysteel.com/17/0816/08/B3D03FDA8E2D10B3.html 右下角- 我的钢铁地图 HBE400E 20mm

I guess Final dividend coming quarter FY2016-2017. Special dividend should be next quarter.

different channel, different term, different order quantity can get different price, RM80 different. It is good to use different data to make comparison.

3 cents of dividend is possible.

@JayC Annjoo will be crowned in the steel racing, just patient needs.

Too many bankers behind Annjoo due to call warrants..wait to tune.

Price list from other source.
AnnJoo & SSM
60 days term,
cash term can get RMXX discount.

Monday 31/07/2017
RM 2380 (Y16-Y32)
RM 2530 (Y10,Y12,Y40,R10)
RM 2580 (R6,R8,R12,R16).
R12 no stock.

Tuesday 02/08/2017
RM 2400 (Y16-Y32)
RM 2550 (Y10,Y12,Y40,R10)
RM 2600 (R6,R8,R12,R16).
R12 no stock.

4/8/2017;
RM 2420/mt - Y16 to Y32
RM 2570/mt - Y10, Y12, Y40 & R10
RM 2620/mt - R6, R8
R12 temporary no stock

07.08.17
RM 2430/mt - Y16 to Y32
RM 2580/mt - Y10, Y12, Y40 & R10
RM 2630/mt - R6, R8
R12 temporary no stock

9/8/2017
RM 2450/mt - Y16 to Y32
RM 2600/mt - Y10, Y12, Y40 & R10
RM 2650/mt - R6, R8
R12 temporary no stock

11.08.17
RM 2470/mt - Y16 to Y32
RM 2620/mt - Y10, Y12, Y40 & R10
RM 2670/mt - R6, R8
R12 temporary no stock

14.08.17
RM 2480/mt - Y16 to Y32
RM 2630/mt - Y10, Y12, Y40 & R10
RM 2680/mt - R6, R8
R12 temporary no stock

Brewing....

Depend on the pricing of iron ore, cooking coal, and steel scrap. No matter how, hot metal from blast furnace and side product like pig iron will increase the output of electric arc furnace. Iron ore is on upward trend recently, therefore have to seriously look to and utilize the capacity of electric arc furnace.

Actually,they do have some more stock but wait for higher offers. You know this year is the golden year for scrap collectors and traders.

You have first hand data, mine one from scrap trader.

Yes, Finally break RM2400. For your information, local scrap supplies are limited and price going up as well range RM1030-1070 / MT. From previous RM970-1030/MT.

@Edwardljhoo just too humble. He have complete network coverage which we don't have. We are benefit a lot from his network.

Live Market News from Edwardjhoo....

安裕目前的non current liabilities几乎可以不计， 现在开始现金满满， 如果没有借贷扩充， 那现金大部派息就蛮可惜了。

派息太多是个问题。 理论上， 老板会增加手头上的剑， 多几把剑才可克敌。Maybank research 对2018年的forecast， 说产能不够了。 你们应该知道， 大马机构最喜欢看到increase capacity, 这样research report 比较容易写啦。

If the big 4 did not go up, then they will be become lowest PE shares in Bursa during Q3.

There are even more noises like you when Annjoo start from RM0.60 and Lionind 0.40. The noises getting less when the price keep normalization.

@Tatyang Liew
我也注意到3.30以上的卖压很大，
4大头里面，狮子和马钢根本没有出战的意愿。
安裕第二次测试3.30以上，
压力太大，所以收兵休息。
表现最好的是南钢，
在新高的价位1.80以上开打，
面对的压力最大，
结果回守1.80以下，算不错了。

We are actually information sharing here and puzzle out industry future. Hopefully, it will bring beneficiary to investors.

Small sizes require longer production time, also easy to "putus" and cause machine downtime. Defect rate use to higher as well. Therefore, mills should fulfill common sizes first, then only produce non common sizes.

@Pirates all the sizes rolled from billet. To max output, continuously produce common sizes is best option. Produce different size will need a lot of machine settings, will bring down output

Southern still have the capability to receive orders therefore it increase price....market already short of rebar supplies..,

Sincerely, Ssteel should give us a PBT 100 millions on Q3.

@Tatyang Liew 分析基本都对，只是他们的目标不是第2季度，而是第3季度和之后的季度。

先跌后稳。。。

看到Mohd Fahmi Bin Jaes， 突然明白i3里，支持和踩场只在于有没有票在手。来来去去就是那几个人。

工程的钢铁开支其实都在5-15%，
更大的是被上下其手掉了。

很遗憾，很多人等钢价跌下来。
目前，所知道的一切，
可能性已经很小了。
钢价会长期在高位交易，
我们将面对高钢铁价格的年代。