Posted by CharlesT > 2018-08-28 09:54 | Report Abuse

Forget abt Msia mkt, it's now depends very much on whether they could export their products

Posted by jordanmaggie61 > 2018-08-28 10:05 | Report Abuse

Time to collect profit, hehehe thanksss

Posted by BrahmaBull > 2018-08-28 10:09 | Report Abuse

shuh! shuh! short time trader can go away

Posted by Up_down > 2018-08-28 10:25 | Report Abuse

CharlesT. It could be raw materials imported with the intention to re-export after converting into rebars. Export margin is normally rather thin but it offers bigger economy of scale in production. We will know more in next Qtr.

Posted by CharlesT > Aug 28, 2018 09:45 AM | Report Abuse

Foreign currency trade loan increased from RM54M last year to RM221M now

What's the reason for the sharp increase? Is it something to do with their export? If so there will be some natural hedge

Posted by CharlesT > 2018-08-28 10:34 | Report Abuse

Yeap. should be able to see a clearer picture then

Posted by CharlesT > 2018-08-28 10:37 | Report Abuse

Anyway I believe the sharp increase in USD denominated trade loan tells us their intention in doing more export biz (natural hedge when they export)

Or else they could be playing forex speculation game which I doubt so

Posted by Yael Jasper > 2018-08-28 10:40 | Report Abuse

Looks good to buy,profit incoming.....

Posted by CharlesT > 2018-08-28 10:51 | Report Abuse

Up_down CharlesT. It could be raw materials imported with the intention to re-export after converting into rebars. Export margin is normally rather thin but it offers bigger economy of scale in production. We will know more in next Qtr.

Bro i beg to differ with yr above that export margin is normally thin...In commodity market it very much depends on their holding cost and the price movenment of the commodity

if their holding cost is low and then they managed to sell at high price later then their margin will be very high...

anyway it depends on their skill n luck

Posted by CharlesT > 2018-08-28 10:58 | Report Abuse

as at 30 june annjoo holds rm1.1b inventory, or close to their six months sales...

wah also very speculative....see big or small

Posted by Lim Tek Wai > 2018-08-28 11:16 | Report Abuse

Nice ! Start taking profit, thanks.

Posted by Up_down > 2018-08-28 11:43 | Report Abuse

Betting is unavoidable in a business. Is it AnJoo placing a big bet on its inventory? Ssteel only placed a small bet 1: 1 against its Qtr turnover. LionInd is even lower. Lol

Posted by ming > 2018-08-28 13:37 | Report Abuse

Hold big inventory might good if steel price keep going high ; but once if steel price turn down then it may cost huge as well

Annjoo’s inventory always highest compare the peers.. this might be the reason this qr looks weak compare ssteel

Posted by GRACE1966 > 2018-08-28 20:06 | Report Abuse

Stupid management hold huge inventory.

Posted by tecpower > 2018-08-28 20:34 | Report Abuse

敦马：企业献议100亿建ECRL | http://www.klsescreener.com/v2/news/view/423536

Posted by tecpower > 2018-08-28 21:03 | Report Abuse

Gov't received offers to build ECRL for RM10bil: Dr M
https://www.nst.com.my/news/government-public-policy/2018/08/405724/govt-received-offers-build-ecrl-rm10bil-dr-m

Posted by Simple man > 2018-08-28 21:03 | Report Abuse

double support at 1.87. strong buyer to push above 1.925 strong support, finally closed at 1.96. Good move.

Posted by tecpower > 2018-08-29 20:59 | Report Abuse

Ann Joo Resources - Uncertain Times Ahead
https://klse.i3investor.com/servlets/ptres/46841.jsp

TP 2.35

Posted by tecpower > 2018-08-29 22:07 | Report Abuse

George Kentwas up 5.79% today.

Posted by cresbinvest > 2018-08-29 23:33 |

Post removed.Why?

Posted by commonsense > 2018-08-30 13:12 | Report Abuse

Can the profit rebound back above RM40 mil in 3Q18?

Demand for steel should taper down due to slower progress of infrastructure project (ECRL cancelled, LRT 3 completion extended to 2024 instead of 2020, Pan Borneo still awaiting review etc).

Safer bet would be to expect the same profit level as 2Q18 result.

Still the best steel company in Malaysia though....Maybe much more suited for the long term investors as Malaysia still need infrastructure investment in the future. Just not sure when the govt will start that back.......

Posted by Maurice1688 > 2018-08-30 13:18 | Report Abuse

Boss very gentlemen, still give the same dividend unlike other counter like tm

Posted by enchopls > 2018-08-30 15:50 | Report Abuse

But with this amount of debt still give dividend?
Erm...... I not so sure about it. Although I'm a shareholder also

Posted by Jon Choivo > 2018-08-30 17:54 | Report Abuse

CharlesT, this is my favorite comment.

I use this for marketing now. Hahaha

====
CharlesT Jon Choivo Annjoo, owes 800mil to the bank. The current earning they have is due to tariffs and China cutting down capacity.

Given their record earnings, they will still need at least 4 years to payback the debt.

Seeing the above i have to get worried if u managed my fund
20/07/2018 08:21

Posted by tecpower > 2018-08-30 21:21 | Report Abuse

Singapore-Malaysia to announce joint decisions on RTS, HSR soon http://www.klsescreener.com/v2/news/view/424826

Posted by tecpower > 2018-08-31 00:03 | Report Abuse

Azmin sees ‘imminent win-win resolution’ on HSR after meeting with Singapore Ministers http://www.theedgemarkets.com/article/azmin-sees-imminent-winwin-resolution-hsr-after-meeting-singapore-ministers (Share from StockHunter)

Posted by tecpower > 2018-08-31 00:37 | Report Abuse

HONG KONG (Aug 30): The high-speed rail link between Kuala Lumpur and Singapore would be deferred for 2 years rather than canceled, South China Morning Post reports, citing unidentified people close to Malaysian Prime Minister Mahathir Mohamad.

http://www.theedgemarkets.com/article/kuala-lumpursingapore-high-speed-rail-be-deferred-2-years-scmpment fee if it terminates the deal with Singapore: report

Posted by calvintaneng > 2018-09-01 13:33 | Report Abuse

See this important post on Steel
https://klse.i3investor.com/blogs/invertinvestment/171650.jsp

Posted by KAQ4468 > 2018-09-03 10:36 | Report Abuse

1 day 5 cents
1 day 5 cents
1 day 5 cents

mariiii
mariiii

Posted by Yael Jasper > 2018-09-03 10:39 | Report Abuse

Waiting for dividen soon. This time can cover back some capital loss. Not bad.

Posted by KAQ4468 > 2018-09-03 11:13 | Report Abuse

aiyaaaa capital loss ka ?


at what price u acquired ?
2.0? 2.1 ?

Posted by Oliveoil > 2018-09-03 13:02 | Report Abuse

if I sell my share on 10/9, im ald entitled for the dividend ?

Posted by hollandking > 2018-09-03 13:16 | Report Abuse

hi mr ringing ringing man, u dont ring anymore?

Posted by wilson2017 > 2018-09-03 23:03 | Report Abuse

对于投资者们分享对所投资的公司或行业有利及不利消息之事，感激万分。不过对于那些卖空者由于私利，差不多每天都故意散播消息以便恐吓他人抛售，捞取暴利的行为感到不齿。如果提醒的话，讲一次就够了。每回都加油加醋，唯恐天下不乱似的，有空的话就照顾你的家人，别浪费时间在我们这些跟你没关系的人。我们是成年人，还是不用管我们，顾你的孩子吧！人在做，天在看，别有用心者，自重吧！

Posted by wilson2017 > 2018-09-03 23:03 | Report Abuse

http://www.sinchew.com.my/node/1790394/sst%E5%86%8D%E7%99%BB%E5%9C%BA-%E2%80%A7-%E6%8A%95%E8%B5%84%E8%80%85%E5%BF%91%E5%BF%90

Posted by wilson2017 > 2018-09-03 23:06 | Report Abuse

接下来，建材和产业前景都转好，让时间证明吧！到时看谁在低价偷偷累积呢。。。

Posted by wilson2017 > 2018-09-03 23:09 | Report Abuse

别有用心者都在长钢股，ANNJOO/ SSTEEL/ LIONIND/ MASTEEL 高谈阔论呢！！

Posted by wilson2017 > 2018-09-03 23:11 | Report Abuse

看不过眼的我就故意在这找渣。。呵呵

Posted by tecpower > 2018-09-05 20:30 | Report Abuse

http://www.theedgemarkets.com/article/malaysia-singapore-agree-suspend-hsr-until-may-31-2020

Posted by Yael Jasper > 2018-09-06 10:38 | Report Abuse

Yahoooo ! Good profit tho, can spend more already kikiki

Posted by ShareRich > 2018-09-06 14:44 | Report Abuse

Volume too small to push price up further!

Posted by tecpower > 2018-09-06 19:42 | Report Abuse

06-Sep-2018 Insider LSQ & SONS SDN BHD (a substantial shareholder) acquired 40,000 shares on 03-Sep-2018.
06-Sep-2018 Insider DATO' LIM KIAM LAM (a substantial shareholder) acquired 40,000 shares on 03-Sep-2018.
06-Sep-2018 Insider MR LIM SIN SEONG (a substantial shareholder) acquired 40,000 shares on 03-Sep-2018.
06-Sep-2018 Insider ANN JOO CORPORATION SDN BHD (a substantial shareholder) acquired 40,000 shares on 03-Sep-2018.
06-Sep-2018 Insider LIM SENG CHEE & SONS SDN BHD (a substantial shareholder) acquired 40,000 shares on 03-Sep-2018.
06-Sep-2018 Insider MR LIM SENG CHEE (a substantial shareholder) acquired 40,000 shares on 03-Sep-2018.
06-Sep-2018 Insider LIM SIN SEONG SDN BHD (a substantial shareholder) acquired 40,000 shares on 03-Sep-2018.
06-Sep-2018 Insider MR LIM SENG QWEE (a substantial shareholder) acquired 40,000 shares on 03-Sep-2018.
06-Sep-2018 Insider MR LIM SIN SEONG (a company director) acquired 40,000 shares at 1.912 on 03-Sep-2018.
06-Sep-2018 Insider DATO' LIM KIAM LAM (a company director) acquired 40,000 shares at 1.912 on 03-Sep-2018.

Posted by cctang22 > 2018-09-07 09:36 | Report Abuse

May I know if I buy today still entitle for the dividend?

Posted by Kweng Mak > 2018-09-07 10:05 | Report Abuse

today exdate , still entitle for the dividend

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

where to get ? low pe, high roe, directors buy back, macd,rsi all uptrend...somemore today 6 cents dividend...

Posted by JayC > 2018-09-07 10:51 | Report Abuse

today adjusted ex date already.
this counter is the best in dividend

Posted by Lim Tek Wai > 2018-09-07 11:07 | Report Abuse

Looks good to buy,profit incoming.....

Posted by Hope88 > 2018-09-07 14:27 | Report Abuse

keep for long term

Posted by dex > 2018-09-07 18:30 | Report Abuse

Crazy good stock.

Posted by JayC > 2018-09-07 18:32 | Report Abuse

directors are buying back non stop

Posted by geraldt9 > 2018-09-10 13:24 | Report Abuse

Looks like mere..' chicken feed ' lots ...