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

Will rebound, just matter of time, once rebound will up 20 to 30 cents so don’t sell this good counter.

China is considering a complete ban on imports of solid waste, including all metal scrap, by the end of 2020, the country’s State Council said on Sunday June 24 in its latest anti-pollution policy document.

Total complete steel scrap ban by 2020 will push up steel scrap price in China, price maybe double the price now just like waste paper processing company experiencing currently, so steel price in China will be higher and higher by 2020 because most of them are using scrap metal instead of iron ore.

US scrap export market stunned by China’s scrap ban goal
China’s push to enhance its environmental protections has reached a tipping point, with the nation’s new target of implementing a complete ban of all scrap imports by the end of 2020 leaving US recyclers in a lurch.

June 25, 2018 22:52 PM By Bradley Macaulay
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China is considering a complete ban on imports of solid waste, including all metal scrap, by the end of 2020, the country’s State Council said on Sunday June 24 in its latest anti-pollution policy document.

The proposed goal marks a new threshold for the nation in its long-term strategy to enforce stricter environmental regulations, develop a more circular economy and advance its domestic recycling.

Exporters astonished
“So far, this is what is being proposed from China. It has not been implemented yet, but I think it is going to be. I don’t know if anyone will be able to change it. It’s a shock,” an export source said. “I have verified with Beijing that all Category 6 scrap metal will be included in this: furnace-ready materials like No 1 and No 2 copper, and copper chops, and twitch and zorba. This will not just kill the scrap industry, but what about China’s own demand?”

This policy is not out of left field, given China’s new rigorous inspection procedures at the port of destination and strict implementation of carried-waste thresholds, as well as its earlier announcement of a complete ban on imports of lower-quality, Category-7 copper scrap by the end of this year. Still, the reality of the nation substantially prohibiting imports in less than two years’ time has left US recyclers in shock.

“It is really a nightmare. It seems very clear that China may ban scrap metal, though this is not an official announcement and there are two years still, so a lot can happen. I think China will still allow some scrap to be imported into China. They need to import some. It is unreasonable; even fully developed countries still buy scrap,” a second exporter said.

And other sources shared similar sentiments.

“I don’t know how they’re going to do it. It is devastating to US exports of certain grades of coppers, brasses and zorba. Those are the main items that the US is going to have to deal with. There are no other countries that can process all the zorba even now, and China is still buying,” a third exporter said.

“There is a new announcement coming out of China every day - another new barrier. We like options, but China is becoming less and less of an option, and it sure seems [like] they are trying to test the waters. I don’t know why they want to do this, because scrap is much more efficient to melt than other items. We are now trying to become very self-efficient so that we can sell to Europe or domestic consumers," a fourth exporter said.

Market, supply shifts
If China does ban or further limit scrap imports, the impact on metal prices could be devastating, according to market participants.

“There could be enough negative impact on spreads that domestic refining becomes extremely topical again. At some point, there will be a dramatic downturn of scrap prices,” a fifth exporter said. “The valuation of US-based scrap companies is going to get hit. One has to assume price structures will be less lucrative, margins will take a hit, scrap earnings will take a hit, and these scrap companies may have to look at integrating into end-use and manufacturing if they have the capital.”

Others speculated that if the new ban is officially implemented, China will shift from buying raw materials to purchasing more semi-finished products to fill that void.

“China wants to consume their own domestic waste and scrap. If this new regulation becomes implemented, I can see China becoming a real consumer, shifting more and more into consuming metal instead of processing metals,” the first exporter source said.

"Perhaps this will create more opportunities... Countries now [might have to] process and make scrap into ingot and brass bar or copper rod instead of relying on other countries like China to process. Still, I think what Beijing should have done is at least [give] the industry more time... three to five years to plan ahead. Two years is going to be really difficult,” the first exporter added.

The country's demand level remains unclear, however, other market participants said, noting that the announcement went beyond simply implementing heightened environmental protection and vaguely outlined a deeper cultural push to promote a “greener” public initiative.

China intends to “strengthen the propaganda and education of ecological civilization; promote a simple and moderate, green and low-carbon lifestyle; and oppose extravagance and waste and irrational consumption,” according to the announcement.

Steel price in India at all time high as above at RM2900 a ton, Annjoo should consider India too as thier export market.

https://m.timesofindia.com/city/chandigarh/industrialists-worry-as-steel-prices-touch-all-time-high/articleshow/64525003.cms

Annjoo should maximize production to 850K ton at all time to maximize profit by exploiting the local and export market

Annjoo give 10% dividend, some big funds slowly collecting at rm2.10 to rm2.15... klse will be back to 1750 at least in one or 2 weeks, and annjoo to rm2.6 to rm2.7 , now clearly oversold position and good to accumulate

http://www.taipeitimes.com/News/biz/archives/2018/06/22/2003695284