Posted by hng33 > 2022-12-05 11:28 | Report Abuse

Sold back at 1.11

Posted by yong1985cm > 2022-12-08 18:05 | Report Abuse

how come AJ share price so strong even after big loss in QR?

Posted by speakup > 2023-01-31 15:32 | Report Abuse

hng33 no buyback?

Posted by pang72 > 2023-02-04 13:07 | Report Abuse

Hari pertama lawatan industri di Pulau Pinang, kita mulakan dengan lawatan ke Kilang Ann Joo Steel Berhad.

Ann Joo yang dahulunya dikenali sebagai Malayawata Steel Berhad, mula beroperasi sejak 1967, antara kilang keluli terawal dan paling lama di Malaysia. Kini, mereka merupakan antara pengeluar bilet dan produk besi utama di negara.

Kilang ini memperkukuhkan pendekatan berteraskan elemen Persekitaran, Sosial dan Tadbir Urus (ESG) dalam aspek ekonomi sejajar dengan agenda kelestarian dan pertumbuhan hijau. Hibrid proses menggabungkan besi yang telah digunakan (besi buruk) dan besi baharu untuk menghasilkan besi yang boleh digunakan semula.

Saya faham bahawa industri besi dan keluli di Malaysia telah melalui tempoh yang sukar semasa wabak COVID-19. Saya memuji industri atas ketabahan anda dalam mengharungi cabaran dan komitmen untuk memastikan perniagaan terus berkembang maju, sekaligus mencipta peluang pekerjaan untuk rakyat.

Posted by pang72 > 2023-02-04 13:08 | Report Abuse

From Tengku Zafrul!!

Posted by thundery > 2023-02-24 15:23 | Report Abuse

Bye Bye

Posted by hng33 > 2023-02-27 21:15 | Report Abuse

Malaysia steel continue loss making, elevated cost input and weak demand.

China now on expansion mode to increase steel capacity to match local demand therefore unlikely to repeat historical steel price now. China is now in better control to curb inflation rate due to commodity price hike

Annjoo Steel headwind - huge debt burden, spike high finance cost, elevated cost operation, weak demand

Posted by tksw > 2023-02-28 15:03 | Report Abuse

impairment of inventory write back means steel prices go up back.

Posted by VincentTang > 2023-04-10 11:36 | Report Abuse

Steel price big drop, sell all steel stock.

Posted by 4dking777 > 2023-04-13 11:29 | Report Abuse

sell all? really game over now?

Posted by hng33 > 2023-05-19 11:05 | Report Abuse

bought back annjoo at 1.11

Posted by hng33 > 2023-05-19 12:30 | Report Abuse

added more at 1.10

Posted by hng33 > 2023-05-19 16:09 | Report Abuse

bought last batch at 1.09

Posted by hng33 > 2023-06-06 12:13 | Report Abuse

cut at 1.04

Posted by speakup > 2023-06-06 12:33 | Report Abuse

Aduh!

Posted by i4value > 2023-06-22 07:17 |

Post removed.Why?

Posted by indran50 > 2023-07-06 12:21 | Report Abuse

Was any dividen declared on 29.5.2023 for the Anjoo (6556). Thank you

Posted by smallrail > 2023-07-06 12:27 | Report Abuse

2023 no dividend yet.

Posted by smallrail > 2023-07-06 12:28 | Report Abuse

habis

Posted by DividendGuy67 > 2023-07-14 18:28 | Report Abuse

A few weeks ago, I collected ANNJOO at RM1.02, 1.01, and 1. Nice to see today's movement. Hope we'll see sustained rise.

Posted by Dehcomic01 > 2023-07-20 12:16 | Report Abuse

The Bursa steel sector is a tough one as over the past 14 years, the mean ROE of the sector was a negative 1%. But Ann Joo achieved an average ROE of 3% over the same period. So Ann Joo did well. If you are a fundamental investor, I would KIV this for further investigation. If you want further details of the sector, go to
https://www.moomoo.com/community/feed/110744458362886?global_content=%7B%22promote_id%22%3A14079%2C%22sub_promote_id%22%3A25%7D

Posted by DividendGuy67 > 2023-07-20 19:55 | Report Abuse

Steel and commodity stocks are not buy and hold but cyclical. Buy during cycle low, sell during cycle high, easily beat 3% per annum for past 10 years.

Posted by DividendGuy67 > 2023-07-20 19:55 | Report Abuse

ANNJOO looks like doing a bull run? 1.15 close today is nice.

Posted by ks5S > 2023-07-25 16:23 | Report Abuse

steel sector going to play soon. Load up firt.

Posted by ks5S > 2023-07-25 16:36 | Report Abuse

the steel gang engine warm up

Posted by ks5S > 2023-07-25 22:11 | Report Abuse

resistance 1.14 was broken. Next resistance is 1.31

Posted by smallrail > 2023-08-07 11:06 | Report Abuse

@ks5S after broken resistance, today still 1.14

Posted by moneycome123456 > 2023-08-08 14:11 | Report Abuse

Dividend 1.25 not yet announce EX date right?

Posted by DividendGuy67 > 2023-08-16 22:29 | Report Abuse

@moneycome123456, my understanding is that ordinary shareholders do not get the 1.25 sen/share dividend. That is only for Redeemable Convertible Preference Shareholders (RCPS).

Posted by DividendGuy67 > 2023-08-16 22:42 | Report Abuse

1.21 close this evening is nice. I think 60/40 chance, the market psychology for ANNJOO has changed and the stock is no longer bearish, after it held above the 200dMA for the 2nd round and the 2nd time. As tempting as it maybe to sell and take profits from my 2nd round purchase near RM1.01, RM1, RM1.02, the smart play now is ignore and let it climb the wall of worry. The first target should at least be 50% of the Fibonacci Retracement which is around RM1.26, although the 61.8% is more critical at RM1.33. Sometimes, these may act as "magnets". Nothing is guaranteed in trading.

Posted by DividendGuy67 > 2023-08-16 22:48 | Report Abuse

OMG! Click Price Target and see how bearish KENANGA is. 8 Sell Calls and reiterating Sell Calls when ANNJOO is 1.03-1.05. These are the prices I bought around 1 to 1.02.

It never pays to follow the Analysts. Sometimes, trading against them is more profitable.

ANNJOO is a cyclical company and the trading strategy for cyclicals is easy if you are a chartist technician - just trade the cycles. Buy during the low of the cycles, and sell into strength as the upward cycles accelerates, rinse and repeat.

Posted by newbie9893 > 2023-08-21 14:24 | Report Abuse

Steel counters will be next theme to play, buy call

Posted by James_Bond > 2023-08-28 15:27 | Report Abuse

Bought annjoo! Huat ah!

Posted by James_Bond > 2023-08-28 15:28 | Report Abuse

Come on sell more to papa! Haha!

Posted by James_Bond > 2023-08-28 15:33 | Report Abuse

Expecting Gov most probably announcing mega projects soon! Get your tickets ready!

Posted by James_Bond > 2023-08-28 15:33 | Report Abuse

Don’t say bojio! Haha!

Posted by James_Bond > 2023-08-28 15:38 | Report Abuse

New LRT in Penang and new MRT in Selangor going to be announced soon! Hold tight! Cheers!

Posted by shipcapt > 2023-08-28 16:09 | Report Abuse

Alamak..down 0.08

Posted by James_Bond > 2023-08-30 10:55 | Report Abuse

Cut loss first, wait for price momentum recovery

Posted by James_Bond > 2023-09-04 16:57 | Report Abuse

Go go go Annjoo! I m on board again! Cheers!

Posted by Michael Kwok > 2023-09-07 00:01 | Report Abuse

Buy on weakness
Price 1.20
Tp rm 1.50 range
Support 1.10(few days stay at least)
7/9/23 12.05am

Posted by sapurainsider > 2023-09-13 19:36 | Report Abuse

Steel season soon

Posted by Josh329 > 2023-09-14 15:26 | Report Abuse

Will be next play soon

Posted by sweetpotato > 2023-09-19 16:29 | Report Abuse

local demand is recovering. buy and hold. no short term play.

Posted by sapurainsider > 2023-09-19 19:32 | Report Abuse

sikit sikit up

Posted by James_Bond > 2023-09-26 14:02 | Report Abuse

Go go go Annjoo! Haha!

Posted by James_Bond > 2023-10-03 16:44 | Report Abuse

Huat ah! Haha!

Posted by James_Bond > 2023-10-18 11:40 | Report Abuse

Bought annjoo 1.13

Posted by James_Bond > 2023-10-18 11:59 | Report Abuse

Buy when there is blood in the streets…

Posted by ivanlau > 2023-10-21 10:28 | Report Abuse

Forget about steel counters in year 2023 & 2024 , worldwide steel oversupply now , wake up guys......