https://m.nasdaq.com/article/china-to-increase-elimination-of-old-steel-coke-capacity-in-2018-2020--state-council-20180703-00261

https://www.klsescreener.com/v2/news/view/399849/housing-ministry-bnm-to-ease-housisng-loan-requirements

Annjoo down so much because ff selling so will recover faster at least to RM2.5 once ff selling stop. Other steel counter not so badd because no ff, its better to be with Annjoo than anything else at the moment. Ff like annjoo because of there hybrid technology and better profit margin.

Alliance steel produce differenct product, they have agremment with goverment to export their product.

Curse lim & family for generation, cheating minorities

Curse him and his family for generation

Never has any company drop this bad except Annjoo, Lim & Family cheating shareholders

Yeah, Karma to lim & Family

Really undervalued the company

Seriously, we need to let know the director for the company to buy back Annjoo share

We need to raise our voice to let the company buy back thier own share , even little amout will make a big difference to the share price

The share trasfered must have been purchased

Can we shareholders pursuade the owner for the conpamy to purchase Annjoo share, even a little amount would make a vig difference to the share price

Annjoo can at least put RM10m to purchase share, that little money make a lot of difference to the share price

Shareholders will be cursing lim & family

There will be no trade war guys, nobody wants a trade war . Dont panic and sells guys . It will rebound soon, local funds not pusing up because waiting for trade war issues to clear , once ff clear thier postion in Annjoo , it will sky rocket again.

Local fund only buying at lower and lower price than previous day until ff fully cleared. Once ff cleared will be back up fast.

Ff still selling , need to wait until all cleared

Me still keeping, will go up again just be patient

Its panic selling all over Asia and Europe, will go up again after july 6th , almost all counter in bursa drop

https://www.icis.com/resources/news/2018/06/26/10234986/china-reinforces-pollution-campaign-to-improve-environment/

https://www.icis.com/resources/news/2018/06/26/10234986/china-reinforces-pollution-campaign-to-improve-environment/

https://www.reuters.com/article/us-china-pollution/china-could-impose-special-emissions-limits-on-firms-in-up-to-80-cities-idUSKBN1JP0T8

https://www.reuters.com/article/us-china-pollution/china-could-impose-special-emissions-limits-on-firms-in-up-to-80-cities-idUSKBN1JP0T8

The last one above new 25 emmision standard implemented on 29th jun

https://www.reuters.com/article/us-china-pollution/china-could-impose-special-emissions-limits-on-firms-in-up-to-80-cities-idUSKBN1JP0T8

The last one above is very good news for Malaysia steel Industry , dated 29th june latest pollution control in China

https://www.reuters.com/article/us-china-pollution/china-could-impose-special-emissions-limits-on-firms-in-up-to-80-cities-idUSKBN1JP0T8

https://www.reuters.com/article/us-china-pollution-steel/china-steelmaker-jiangsu-shagang-ordered-to-probe-pollution-violations-idUSKBN1JP0DI

https://gbtimes.com/china-reveals-three-year-action-plan-for-battle-against-pollution

https://gbtimes.com/china-reveals-three-year-action-plan-for-battle-against-pollution

https://www.reuters.com/article/us-china-pollution-steel/china-steelmaker-jiangsu-shagang-ordered-to-probe-pollution-violations-idUSKBN1JP0DI

That one I think is gst related, most hold back purchases in april 18 and may 18 waiting for removal of gst in Jun 2018

Spot price in China as at yesterday was 4022 yuan, thats equal to rm2493, add ad tax already equal rm2850, who in the right mind would purchase at this price while local selling at only rm2500, whatever hapends Malaysia steel production will have sales since majority of steel consumption in Malaysia are imported.

Whatever happens Malaysia steel production will have sales since price outside Malaysia is higher , Malaysia comsumption almost 11 mt and prodcution only 3mt understand the basic guys

In china rebar price is almost rm2550, price will go higher and higher resulting from china blue sky policy , they are closing down most old polluted steel factory

Rebar price going higher

http://www.sunsirs.com/uk/sdetail.html

Annjoo production still at maximum capacity 850k mt, apr 18 and may 18 many hold purchases waiting for gst removal, jun 18 demand back high, whatever not sold localy is exported. So at the end profit is maximize by having maximun production at 850kmt as mentioned by the director recently

Foreign fund was back to the market on friday , buying Annjoo too I think.

Rm698.18 million is distributed to all the non-domestic user, its actually negligible to Annjoo since the non-domestic user run above50, 000 all over Malaysia.

Annjoo already beaten down so much, local will not sell cheap even if have not many will sell, today looks like ff not selling, time to up fast

FF inventory might finish matter of days, good to top up while it is still cheap, Annjoo has drop by more the 65% since after election, the worst among all bursa stock and this is the best buy stock in bursa right now.

don't sell guys, now volume already so low and once FM in will up 20 to 30 cents,dont sell at a huge loss market will recover once the china US trade over

Houses are in short supply in Malaysia but developer mainly build high end, cheap houses sell like hot cakes

Nobody wants a trade war and market will recover, just be patient and hold on.

Dont sell guys, foreign selling has been in bursa for 39 days and its nearing the end, Annjoo now is at the lowest and volume has drop considerably. If you sell might not get it back at the same price later

Yeah, people hold back purchases in Apri 18 & May 18 in anticipation of gst removal after the election.

Market is bad but will rebound, you cut lost you lose later when rebound.

https://asia.nikkei.com/Business/Business-Trends/China-s-clean-air-policy-jolts-materials-market-as-prices-surge