ANN JOO RESOURCES BHD

KLSE (MYR): ANNJOO (6556)

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Last Price

0.84

Today's Change

+0.005 (0.60%)

Day's Change

0.835 - 0.84

Trading Volume

27,300


7 people like this.

8,796 comment(s). Last comment by speakup 4 days ago

Posted by PresidentRotiCanai > 2020-04-24 09:08 | Report Abuse

Break resistamce

apple168

6,236 posts

Posted by apple168 > 2020-04-24 09:49 | Report Abuse

解套了!谢谢!

apple168

6,236 posts

Posted by apple168 > 2020-04-24 09:55 | Report Abuse

在没有利好消息让股价上涨,是有心人推股价出票,小心!

apple168

6,236 posts

Posted by apple168 > 2020-04-24 09:56 | Report Abuse

谁买在最高点,就住套房!

chief999

1,849 posts

Posted by chief999 > 2020-04-24 09:59 | Report Abuse

hi, is annjoo or other steel manufacturer allowed to operate the factory during MCO?

apple168

6,236 posts

Posted by apple168 > 2020-04-24 10:10 | Report Abuse

None of the steel companies able to operate during this MCO period inclusive the largest steel in south east Asia ie alliance steel in Kuantan!

ming

2,087 posts

Posted by ming > 2020-04-24 13:45 | Report Abuse

I tot building material sectors in the lists to operate during mco..not?

apple168

6,236 posts

Posted by apple168 > 2020-04-24 14:48 | Report Abuse

One more week to shorting!

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-04-28 17:15 | Report Abuse

buy and wait next year, if cannot go rm1, i pay your loss, but if can, give me half of your profit : )

Kheone

2 posts

Posted by Kheone > 2020-05-15 13:40 | Report Abuse

Panda, which steel counter is the best in bursa? Plan to buy in big this year batch by batch

chimchim

196 posts

Posted by chimchim > 2020-05-20 09:44 | Report Abuse

too bad is steel and not metal, or else could have caught the attention of the 5G cook

winmal

1,128 posts

Posted by winmal > 2020-05-21 10:45 | Report Abuse

construction brewing ... steel sector follow as construction restart

lingling66

406 posts

Posted by lingling66 > 2020-05-22 16:49 | Report Abuse

pray for have any dividend announcement this month end!!

Posted by khatulistiwa1234 > 2020-05-30 11:06 | Report Abuse

Below 0.50 coming

xiaoeh

2,739 posts

Posted by xiaoeh > 2020-05-31 17:50 | Report Abuse

Khatul, why u say so? any news...?

Posted by Ong Eng Lee > 2020-06-01 18:15 | Report Abuse

Financial result lousy? Why not out

Posted by T800Terminator > 2020-06-01 19:36 | Report Abuse

When director disposed. You better beware.

Posted by Ong Eng Lee > 2020-06-03 17:10 | Report Abuse

The report delay so long

Solomon7

370 posts

Posted by Solomon7 > 2020-06-04 10:35 | Report Abuse

The slow down of Alliance Steel production (staff retrenchment) could be a temporary boon to the oversupply local steel market. Any opinion on this?

winmal

1,128 posts

Posted by winmal > 2020-06-04 11:13 | Report Abuse

TP 0.85 this month

stan0166

54 posts

Posted by stan0166 > 2020-06-05 17:55 | Report Abuse

hi all... is above good or bad news to investors?

sunnyguy

145 posts

Posted by sunnyguy > 2020-06-27 21:55 | Report Abuse

@stan0166: It is just a normal corporate proposal.... No much effect to investor until they really exercise it.

ivanlau

1,390 posts

Posted by ivanlau > 2020-07-04 20:38 | Report Abuse

2-3 years ago a lot of tyxxp follower invest in steel counter but at the end all go holland . This is one of tyxxp poor performance record .

Albukhary

3,043 posts

Posted by Albukhary > 2020-07-05 00:11 | Report Abuse

ivanlau, 6 months later all the TYXXX members who currently earn huge in glove counter may face the same thing like Annjoo.

dompeilee

11,888 posts

Posted by dompeilee > 2020-07-06 10:29 | Report Abuse

Bought AnnJoo @ 74c

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-07-17 09:20 | Report Abuse

Cash less than 50m. Loans more than 1080m. Est nta will be halved soon. Price may be pushed up before poor Q2 announcement.

Posted by ikanbilishehe > 2020-08-11 16:33 | Report Abuse

buy buy buy

yfchong

5,881 posts

Posted by yfchong > 2020-08-23 22:48 | Report Abuse

Is annjoo good time to invest now.?

Posted by OneSmallStep > 2020-08-27 21:11 | Report Abuse

Loss making...let it drop further...hopefully turn around next QR

Posted by khatulistiwa1234 > 2020-08-28 06:35 | Report Abuse

86 million LOSE .

freddiehero

16,722 posts

Posted by freddiehero > 2020-08-28 06:43 | Report Abuse

OK OK.. nice

yfchong

5,881 posts

Posted by yfchong > 2020-09-28 14:33 | Report Abuse

50 cts a good entry point

Newbie

22 posts

Posted by Newbie > 2020-10-20 22:37 | Report Abuse

Kilang dah terbakar

ming

2,087 posts

Posted by ming > 2020-10-21 09:12 | Report Abuse

wah.. price still firm tak lausai lagi.. somemore no suspend for announcement

ming

2,087 posts

Posted by ming > 2020-10-21 14:23 | Report Abuse

I tot other steel company should benefit from annjoo fire..as supply reduce

stampid54

313 posts

Posted by stampid54 > 2020-10-23 15:42 | Report Abuse

Big kaki semua tahan price ah.... Still not lausai, how to in

bali

113 posts

Posted by bali > 2020-11-08 08:44 | Report Abuse

Biden win, war trade end, big stimulus to steel countet

Solomon7

370 posts

Posted by Solomon7 > 2020-11-16 19:08 | Report Abuse

Stubbornly strong...

Samuelgold

184 posts

Posted by Samuelgold > 2020-11-18 22:33 | Report Abuse

Show time

ming

2,087 posts

Posted by ming > 2020-11-22 00:41 | Report Abuse

Still wonder how big the fire damage to their production.. no announcement at all..

ChoCho

345 posts

Posted by ChoCho > 2020-11-23 10:17 | Report Abuse

short-mid term rise is possible and sustainable due to good result from recovery in selling price and volume. huge demand from China due to China 14th Five Years Plan to boost commodity reserve. This is also evidenced by the rising of dry bulk cargo prices and counters like Maybulk and similar commodity/metal China listed counters. Infrastructure is the safest play for all governments to boost GDP post covid recovery. The tide will lift all boats.

Invest33

136 posts

Posted by Invest33 > 2020-11-23 14:45 | Report Abuse

TASHIN (0211) - Steel-ing the limelight

Current Price: 0.255

Why should we look into Tashin?

1. Tashin posted strong Q3FY20 results as their net profit was up by 1134% on QOQ basis and 183% YOY. Revenue for the quarter was the highest ever since their IPO in 2019.

Source: https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=0211

2. Malaysia has started with some of the latest mega projects like ECRL & RTS which definitely requires steel therefore the demand for steel will increase.

Source: https://www.channelnewsasia.com/news/asia/malaysia-construction-singapore-johor-rts-bukit-chagar-station-13615148

https://www.malaymail.com/news/malaysia/2020/11/18/transport-ministry-ecrl-project-ahead-of-schedule-to-proceed-with-existing/1923842

3. Iron price has surged up almost up 38 per cent, according to data from S&P Global Platts and set to average $100 a tonne for the first time since 2013.

source: https://www.ft.com/content/2a0f550c-4075-48ef-bda0-0f9e615ba8fb

Conclusion

As we can see from the quarterly performance of Tashin we can see that Tashin has definitely up it’s ante as their result soared up quite significantly.

With the major mega projects now already kick start steel will see it’s demand to increase therefore local steel players will definitely benefit from this.

Iron ore price has being going up and Companies like ChooBee & CSCSteel has shown quite good result. This is probably a step moving ahead in tandem with the demand of iron.

dompeilee

11,888 posts

Posted by dompeilee > 2020-11-23 14:50 | Report Abuse

dompeilee Bought AnnJoo @ 74c
06/07/2020 10:29 AM

It has been awhile =)

Posted by HIGHCHAPERAL > 2020-11-26 14:58 | Report Abuse

Be extremely careful of AnnJoo. The stock is controlled by a group of cunning sharks. They will dump the shares on you when you least expect ! Steel industry in Malaysia is a dead industry especially if it is public listed.

yong1985cm

215 posts

Posted by yong1985cm > 2020-11-26 20:41 | Report Abuse

what counter oso got cunning sharks one 1, how to avoid?

ChoCho

345 posts

Posted by ChoCho > 2020-11-26 23:48 | Report Abuse

if 1 counter up, it can be categorised as manipulation by selected group of people. if all the stocks in the same sector rise, then it is the rising tide. Rising tide lifts all boats. Ann Joo, Masteel, Melewar, SSteel, AISB, etc all also up.

Samuelgold

184 posts

Posted by Samuelgold > 2020-11-27 08:30 | Report Abuse

Below 0.90 would be a safe bet. The selling price for steel keep going up, and it will sustain until next year.

IvanC

669 posts

Posted by IvanC > 2020-11-27 13:31 | Report Abuse

steel sector is back, still not too late to join now. Whole wave will last 6-12 mth

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