http://m.scmp.com/news/china/policies-politics/article/2150843/job-losses-and-slower-growth-may-be-price-chinese

http://www.xinhuanet.com/english/2018-06/20/c_137267984.htm

I think he bought at RM3+ and sold at RM2+

Warn3r Hi Grace. So you're holding long term? Or you’re not holding any but just someone who is very free to drop by every now and then? Just curious.

Google "Malaysia steel import" click malaysia steel import report 2017

Malaysia import 8mt of steel in 2017 while local production total only 2.8mt in 2017, there is huge demand in Malaysia itself, price rise in China good for malaysian producer.

Malaysia total steel import total 8m tons in 2017 while local production total about 2.7m tons in 2017, distruptions in China itself enough for Malaysia steel companies , google to find out

http://www.xinhuanet.com/english/2018-06/09/c_137242878.htm

https://in.reuters.com/article/asia-ironore/update-1-shanghai-rebar-rises-for-3rd-day-on-new-steel-capacity-ban-idINL4N1TG368

Exciting time indeed for Annjoo..

https://www.chem.info/news/2018/05/graphite-prices-could-push-higher-tightening-markets-batteries-electrodes

https://www.telegraphindia.com/business/graphite-india-on-the-prowl-231902

low volume, looks like will be back to RM3.5 soon

http://www.sunsirs.com/uk/prodetail-927.html

No more foreigner in Annjoo I think, director buying last 3 days since 5th June I think, already drop so much now time to get back to at least RM3.00.

https://www.reuters.com/article/us-china-parliament-steel-coal/china-to-cut-more-coal-steel-output-to-defend-blue-skies-idUSKBN1GH034

Environmental concern in China pushing up steel price, good for steel Industry

Pakatan harapan goverment must look into EPF, something seriously not right EPF, KWAP,PNB buying and selling sometime on same day,hidden agenda at work.


Posted by Jeffreyteck > Jun 8, 2018 11:54 AM | Report Abuse

IBs must be very happy with EPF, buy...sell...buy...sell. wish EPF internal controls is sound in order to minimize brokerage charges.

https://af.reuters.com/article/commoditiesNews/idAFL3N1T92PA

foreign selling not much, so far total only aboout USD1.5 Billion, goverment is bringing back USD15 Billion invested in USA and around the world during Najib time by EPF,KWAP,PNB and other big funds


Nothing to worry, foreign funds will be back soon.

have drop a lot, fundamentally good counter, next week RM2.50 easily

Have drop so much , time to go back to RM3.5

added yesterday and today Annjoo...

No more mega project, difficult for Annjoo... no sales will report losses ka ?

when is Muda AGM ?

seem foreigner are still dumping Annjoo

Then erkongseng bought gkent at 1.64 something

Erkongseng sold 2 weeks back, I believe he sold at 2.73

I believe erkongseng now stuck with Gkent, bought 1.64 now price 1.17, almost same with Muda

Yeah, speechless

Last one month only Muda going up to 2.80 from below 2, fund manager already know Muda performance for month of April 18 and May 18, thats why going up fiercly.. qtr 2 and qtr 3 will be good just wait for 6 months.

https://www.google.com/search?q=indah+kiat+share&oq=in&aqs=chrome.1.69i57j35i39l2j0.1366j0j4&client=ms-android-samsung&sourceid=chrome-mobile&ie=UTF-8

Those who talk negative trying to collect , good

Finished product at all time high and waste paper at all time low which is not reflected in qtr 1 report, tp 4 still on track with good qtr2 and qtr 3 result. China blue sky policy take full effect from April 18 onwards only which is reflected in the ever increasing price of finished good. The future still hold brigh for Muda , just wait for qtr 2 and qtr 3 result.

Next qtr eps 20 cents a share ...

Finished product at all time high, waste paper at all time low which is not in 1qtr report, TP 4 still intact

Waste paper price at all time low, finished product at all time high now which is not reflected in the 1st qtr report, fund manager buying on anticipation of future good performance ..

Abvious profit hiding by directors to accumulate at cheap

http://www.afr.com/leadership/afr-lists/rich-list/2018-afr-rich-list-anthony-pratt-number-one-in-record-year-for-wealth-20180521-h10cej

Future for paper recyling looks good, almost all making huge profit. Fund has been buying on future performance ... period. TP 4 still on track

Their report says competition from imported paper, doesnt make sense at all since China are the main supplier and they themselves are short of supply of paper & packaging. Management hiding profit for sure for cheap accumulation.

Something wrong somewhere, management hiding profit . Almost all paper recyling company make huge profit. Next qtr might report good profit again.

http://www.chinapaper.net/news/show-27490.html

woow, look at today Indah kiat share price, another 5% increased

https://www.google.com/search?q=indah+kiat+share&client=ms-android-samsung&biw=360&bih=306&prmd=nimv&source=lnms&sa=X&ved=0ahUKEwjB-OvC4qXbAhXGbX0KHVV_Ds4Q_AUIECgA

Look at Indah kiat share price, going up non stop from 1000 ruppiah to now 16,000 Muda is just matter of time.

https://www.google.com/search?q=indah+kiat+share&client=ms-android-samsung&biw=360&bih=306&prmd=nimv&source=lnms&sa=X&ved=0ahUKEwjB-OvC4qXbAhXGbX0KHVV_Ds4Q_AUIECgA

Me keeping it for the next 7 month at least for maximun gain.

Because the blue sky policy take full effect in Mar 18 only.

the increased in finished product price and collapsed of waste paper price are mostly after 1st April which is not included in 1st qtr report, Muda will report exceptional performance from qtr 2 onwards, nevertherless qtr 1 will also report good result since they are selling it at RM2300 per tonne and waste paper also drop in price but not much.

4th quarter of 2017, Muda increased their selling price by 40% to RM2300, so before increase is 2300/1.4=RM1645, latest price based on China price about RM2937