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2017-08-23 15:22 | Report Abuse
Good qtr maybe, but dividend maybe no. This company very stingy when it comes to dividend :(
2017-08-22 19:41 | Report Abuse
6 cent dividend sounds OK. And the real show starts next quarter and onwards.
PROSPECT
The global steel market, and the long product segment in particular, witnessed a surge in steel
prices since the beginning of the second half of the year (“2H17”) given the China government’s
continued efforts to curb steel capacity and, importantly, the elimination of induction furnaces. For
the remaining period of 2017, the Group remains optimistic about its prospects given the following
fundamental drivers:
a. Global steel supply is expected to be affected by:
i. Potential output cuts by Chinese steel mills over winter; and
ii. Potential production constraints faced by electric arc furnace operators globally given
shortages in graphite electrodes worldwide.
This expected demand-supply imbalance should enable the Group to be in an advantageous
position as a hybrid Blast Furnace-Electric Arc Furnace (“BF-EAF”) operator with high
degree of operational flexibility. The Group’s cost competitiveness will continue to drive its
cost-leadership in the construction steel sector.
b. The expected upturn in construction steel demand from infrastructure and large-scale property
development projects in Malaysia and most of the ASEAN countries, which are expected to
ramp up in the latter part of 2017. Nevertheless, shortage of foreign labour remains a potential
issue for the construction industry which may temporarily affect domestic demand for
construction steel. The Group remains highly responsive to market changes and agile in sales
mix and, in event of temporary lulls in domestic demand, the Group is able to rapidly increase
its exports to meet regional demand.
c. Decreased import tonnage of billets from China given high domestic prices and ample
infrastructure-driven demand in China. The Group is well positioned to capitalise on export
market opportunities within Asean region given large regional demand, fluctuating China
supply and prolonged lead time for supply from Middle East and other regions.
Given the fundamental drivers mentioned above and continued enhancements in operating
efficiency, the Group’s performance is expected to remain satisfactory for the remaining period of
2017.
2017-08-18 17:51 | Report Abuse
yeah, was expecting better. but they did mentioned the big revenue will only kick in on the 2nd half of the year.
2017-08-08 20:46 | Report Abuse
yes, buy 7k, 14k, 21k, 28k, 35k, and so on. Make sure you buy with a multiply of 7 so you don't get any odd lot after the bonus issue.
2017-07-25 22:15 | Report Abuse
tan lucy, you seems like a diligent and vigilant person. Can you recommend a stock that you are holding now?
2017-07-14 21:02 | Report Abuse
right, be positive :)
2017-07-05 21:51 | Report Abuse
gcke... can you decipher what's the news means to Annjoo?
2017-06-29 16:24 | Report Abuse
Please gives some bonus issue, free warrant, and special dividend if they don't know what to do with their money, hehehe.
2017-06-29 11:52 | Report Abuse
Has KYY finished selling LIIHEN?
2017-05-29 11:15 | Report Abuse
xiohai, how u know report will be out on 31/5/2017?
2017-05-25 15:53 | Report Abuse
bullshit today... (tuition fee paid)
2017-05-15 22:11 | Report Abuse
Sorry, but I got a stupid question to ask. I suppose we have Bonus Issue for ATTA with ex-date of 05 May 2017, and entitlement date of 09 May 2017. How come now already 15 May 2017 and I still cannot see any new shares distributed to me?
Distribution of treasury shares as share dividend at the ratio of 1 treasury share for every 20 existing ordinary shares held (Share Dividend) in respect of the year ended 31 March 2017, fractions of treasury shares to be disregarded.
2014-05-20 09:06 | Report Abuse
Stock: [CJCEN]: CJ CENTURY LOGISTICS HOLDINGS BERHAD
2017-09-13 13:54 | Report Abuse
Tan Lucy, which shares did you bought ? dun silent silent lah...