Posted by GRACE1966 > 2018-07-12 20:25 | Report Abuse

Bro kelapa bomoh said 2mrw guaranteed 20-30 sen down. Standby.

Posted by GRACE1966 > 2018-07-12 20:28 | Report Abuse

Whole world talking about surcharges imposed to industry players starting 1/7/2018 till end of Dec 2018.

Posted by Beary > 2018-07-12 20:55 | Report Abuse

Tiuniama sipi(missed target) teh, u everyday advise ppl to cut loss cut loss cut loss.

Now ppl are cursing you and your descendants for nine generations.

Posted by tong01 > 2018-07-12 21:14 | Report Abuse

Electric surcharge still apply to business sector. Residential is exempted with new ~RM1B subsidy until end of this year.

Posted by tecpower > 2018-07-12 23:32 | Report Abuse

George Kent hits limit-up as smaller-scale LRT3 to go ahead http://www.klsescreener.com/v2/news/view/403593

Posted by hahaha90 > 2018-07-13 09:09 | Report Abuse

omg, all directors are earning like mad now.. see what price they sapu

Posted by Fergus Chong > 2018-07-13 09:10 | Report Abuse

Gurantee 20-30 down? Haha
Make me sad when I saw the price went up 10cents again

Posted by fca70jia > 2018-07-13 09:10 | Report Abuse

Let's go above 2 today .. luckily in at 170 and didn't listen to those who kept saying down .. lol

Posted by goreng_kaki > 2018-07-13 09:12 | Report Abuse

luckily i sailang 100k@1.65, wonderful profit

Posted by KAQ4468 > 2018-07-13 09:22 | Report Abuse

CharlesT KAQ4468 why????

12/07/2018 17:02



what why ??

Posted by KAQ4468 > 2018-07-13 09:22 | Report Abuse

kikikikiki

Posted by KAQ4468 > 2018-07-13 09:24 | Report Abuse

up 16 cents ka ??

drop 1.60 sudah ... jerk sikit up16 cents kasi happy ...kikikikiki

Posted by CharlesT > 2018-07-13 09:25 | Report Abuse

Why never drop to RM1.50?

Posted by CharlesT > 2018-07-13 09:25 | Report Abuse

One day up 0.16
Second day up 0.11

Why?

Posted by KAQ4468 > 2018-07-13 09:26 | Report Abuse

Posted by CharlesT > Jul 13, 2018 09:25 AM | Report Abuse

Why never drop to RM1.50?



oooooo... hang punya soalan , why not drop to 1.50 ??

soon soon ...kikikikik

not just 1.50

1.0 pun boleh

Posted by Fergus Chong > 2018-07-13 09:27 | Report Abuse

They sad now...

Posted by Fergus Chong > 2018-07-13 09:27 | Report Abuse

Can’t buy low.. bro I’m sad too... lower better,can earn more.. right? Anyway, happy Friday everyone. Cheers

Posted by CharlesT > 2018-07-13 09:28 | Report Abuse

0.80 boleh kah?

Posted by KAQ4468 > 2018-07-13 09:28 | Report Abuse

1988 , 1998 , 2008 , 2018


mega sales

Posted by CharlesT > 2018-07-13 09:30 | Report Abuse

Back to early 2016 level when they posted the worst FY results n suffering at high debts....

Posted by KAQ4468 > 2018-07-13 09:31 | Report Abuse

Posted by CharlesT > Jul 13, 2018 09:28 AM | Report Abuse

0.80 boleh kah?



aiyooo boss ... mega sales punya time ... 60 cents pun boleh dapat..hihihih


when DJI slashed >10k points ... when Hang Seng slashed >10k points

spillover effect to Bursa

Posted by CharlesT > 2018-07-13 09:33 | Report Abuse

Ok kena pray more

One day drops 5 cents
10 days drops 50 cents

RM1.50 Rm1.20 RM1.00 RM0.80 Rm0.50 Rm0.10 FOC

Posted by CharlesT > 2018-07-13 09:34 | Report Abuse

Mkt crash Mars attack CPTeh cut loss e-meeting mari

Posted by KAQ4468 > 2018-07-13 09:36 | Report Abuse

aiyooo Charles ... u on dulu la

aku still in sideway mode ... mau terjun masuk in this time , tak mau woooo.. 1988 , 1998 , 2008 , 2018 ..

Posted by KAQ4468 > 2018-07-13 09:38 | Report Abuse

waaaa... gua tarak join la sama itu cpteh .. gua lain kapal

Posted by fca70jia > 2018-07-13 10:04 | Report Abuse

Sold all preparing bullets now

Posted by Jayden8 > 2018-07-13 11:29 | Report Abuse

Annjoo-cn will shoot up anytime

Posted by CITADEL > 2018-07-13 12:42 | Report Abuse

40% made from CP, re enter after correction

Posted by ming666 > 2018-07-13 16:50 | Report Abuse

is grace 1966 still here? lol

Posted by probability > 2018-07-14 01:51 | Report Abuse

Malaysia High Court backs safeguard duties for the steel sector

13 July 2018.

http://www.internationaltaxreview.com/Article/3819987/Malaysia-High-Court-backs-safeguard-duties-for-the-steel-sector.html

Dr M : "I dont believe in free trade"

Posted by probability > 2018-07-14 12:08 | Report Abuse

CHINA STEEL SPOTLIGHT: Domestic prices spike on Tangshan production cuts

Domestic steel prices in China are picking up strength after news of summer production cuts in the country’s steelmaking hub of Tangshan broke.

July 12, 2018

https://www.fastmarkets.com/article/3820186/china-steel-spotlight-domestic-prices-spike-on-tangshan-production-cuts

The price increases came after several mills confirmed that they had received official notices from the Chinese government. Prices rose steadily from the afternoon of Wednesday July 11 after a couple of days of uncertainty over whether the cuts would materialize.

The official notices require steelmakers to restrict production from July 10 to August 31 to curb air pollution.

The most-traded October rebar contract on the Shanghai Futures Exchange rose 1.67% to 3,944 yuan ($591) per tonne during the night trading session on Wednesday, while the benchmark hot-rolled coil contract gained 1.54% to 4,013 yuan per tonne.

On Thursday morning, rebar prices in east China rose 50-60 yuan per tonne to 4,060-4,100 yuan per tonne. Hot-rolled coil prices in east China increased 20-30 yuan per tonne to 4,260-4,270 yuan per tonne.

Concerns over supply have emerged in the Chinese steel market, sources said.

“Most traders believe that several mills have really started to reduce production, or are going to do so,” a Tangshan-based trader said.

The trader said mills in the region such as Tangshan Ganglu Iron & Steel and Yanshan Iron & Steel have confirmed that they have received the government notices, and that they have started to limit production for several steel products in case a shortage of raw materials emerges following the restrictions.

The documents did not specify how much capacity will be cut, but said companies in industries such as steel, coking and cement plants should restrict production till August 31 to reduce the emission of pollutants such as sulfur dioxide, nitrogen dioxide and carbon monoxide.

Districts in Tangshan are being instructed to lower the density of such pollutants by 10-40% in the second half of this year, compared with the first half.

The move will mainly affect sintering and the production of coke, the processes of which results in such emissions. This could reduce the production of iron and steel, with an estimated 130,000-160,000 tonnes of hot metal to be reduced every day once the restrictions take effect, the source in Tangshan said.

Steel prices are expected to rise further, “especially in the short term,” Wang Guoqing, Lange Steel Information Research Center’s research director, said.

This is unlike the price drops seen in other commodity markets, especially after the United States unveiled plans to impose tariffs on an additional $200 billion worth of Chinese goods.

While prices for copper and zinc on the London Metal Exchange tumbled to almost their lowest in a year, and those for crude oil and chemicals had also declined in China’s domestic market, “steel prices have remained robust, driven mainly by domestic pollution-control policies,” Wang said.

But a segment of the market does not expect significant growth in the longer term for steel prices because downstream demand remains low.

Sellers of Chinese steel products have been more willing to export over the past two weeks, not just because of the depreciation of the yuan against the US dollar, “but also because they receive fewer domestic orders these days,” a Beijing-based trader said.

Profit margins for domestic downstream buyers in China have also thinned due to surging prices for raw materials over the past two years, which forces them to place orders for steel only when necessary, he added.

Other market participants believe that Tangshan’s production cuts will not affect the market as greatly as other measures such as the central government’s supply-side reforms and crackdown on substandard steel production. This is because Tangshan’s main focus is on cutting air pollution rather than steel output.

Posted by probability > 2018-07-14 12:12 | Report Abuse

(1) The move will mainly affect sintering and the production of coke, the processes of which results in such emissions. This could reduce the production of iron and steel, with an estimated 130,000-160,000 tonnes of HOT METAL to be reduced every day once the restrictions take effect, the source in Tangshan said.

(2) Steelmakers OUTSIDE of CHINA are offering their products at COMPETITIVE prices, which will likely limit any uptick in the international

..............................


Sintering & coking is the first step in Iron Making from Iron Ore..

These will force Chinese manufacturer to rely on Scrap Steel as raw material for Steel making, which is limited in supply with steep price

The above is precisely the reason why Iron Ore based Steel Manufacturers outside China, margin will expand...

Posted by CharlesT > 2018-07-14 13:15 | Report Abuse

Bro Probability if annjoo's price drops next week u better stay silent for a longer time....till rm3 then u may come back again...lol

Posted by CharlesT > 2018-07-14 13:21 | Report Abuse

U hv done more than enough for sharing...just eat peanuts watch the show quietly....

Posted by Fergus Chong > 2018-07-14 19:43 | Report Abuse

KAQ and grace will come out if next week drop...

Posted by HENG YUAN PE 7 IS NOT COMING!! > 2018-07-15 15:18 | Report Abuse

coming quarter results might be weak.... although I'm holding from 3.15 to the price now.... lol

Posted by VincentTang > 2018-07-15 22:32 | Report Abuse

可以肯定的是，这些钢铁股的Q2表现不会好，主要因为
> 钢铁价格在4-6月期间从每吨RM2,600下跌至RM2,300
> 开斋节放假落在6月 (淡季)
> 改朝换代后，希盟政府大砍建筑合约，导致建筑领域按兵不动，出现放缓

Posted by bc8660 > 2018-07-16 09:36 | Report Abuse

looking for long-term perspective, this counter sure can accumulate more at this level.

Posted by tamp0i > 2018-07-16 09:57 | Report Abuse

Good morning, I monitored this counter since 1.7+ but all of a sudden it's 1.9 now and I missed the boat :( Would like to ask is it still worth to jump in now? Thanks masters

Posted by GRACE1966 > 2018-07-16 17:21 | Report Abuse

Ann Joo Shake Pau Mau Pau. This is the nickname of steel industry for AnnJooAnconda.

Posted by tecpower > 2018-07-16 22:08 | Report Abuse

Revised LRT3 plan positive for George Kent http://www.klsescreener.com/v2/news/view/404751

Posted by KAQ4468 > 2018-07-17 09:32 | Report Abuse

Fergus Chong : KAQ and grace will come out if next week drop...

14/07/2018 19:43


why me ??
why me ??
why me ??

why why why ??

kikikikik

Posted by Fergus Chong > 2018-07-17 10:31 | Report Abuse

Hahaha welcome back...a lot of people miss you both

Posted by Fergus Chong > 2018-07-17 10:32 | Report Abuse

When the stock price up, ur account can’t log in, luckily I sold it yesterday. Now you are back, Please bring annjoo back to 1.6,1.5,1.4,1.3....0.80

Posted by KAQ4468 > 2018-07-17 10:45 | Report Abuse

Fergus Chong: When the stock price up, ur account can’t log in, luckily I sold it yesterday. Now you are back, Please bring annjoo back to 1.6,1.5,1.4,1.3....0.80

17/07/2018 10:32


when stock price up , I can't log in ???

ah chong ... what is that ??

Posted by Fergus Chong > 2018-07-17 10:52 | Report Abuse

Your account will be temporarily lock soon. Appreciate your time when it’s red. Enjoy your annjoo red day

Hahahaha

Posted by KAQ4468 > 2018-07-17 16:46 | Report Abuse

hello macha ....


what are u talking about ??

enjoy red day ?? what is that ??

anything related to me ??

Posted by sunztzhe > 2018-07-17 19:42 | Report Abuse

This stock in Multiyear timeframe is SIDEWAYS and currently is oversold in big time frame.
High chance recent price correction after hitting a recent high of 3.98 maybe ending.
Weak strength now for downtrend and low chance for further downtrend
High chance it goes sideways with upside bias with immediate target resistance of 2.40

Posted by hahaha90 > 2018-07-18 10:25 | Report Abuse

wow, a flying stock , good rebound

Posted by khatulistiwa1234 > 2018-07-18 11:34 | Report Abuse

FLYING like not tomorrow , possible 2.50 , catalyst government announce in sudden , noon .