ANN JOO RESOURCES BHD

KLSE (MYR): ANNJOO (6556)

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Last Price

0.855

Today's Change

-0.005 (0.58%)

Day's Change

0.85 - 0.895

Trading Volume

1,919,000


7 people like this.

8,794 comment(s). Last comment by rchi 5 hours ago

hollandking

3,694 posts

Posted by hollandking > 2018-10-24 20:34 | Report Abuse

wow,

shotgan

9 posts

Posted by shotgan > 2018-10-24 21:04 | Report Abuse

Trapped at 2.0 :(

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-10-25 06:04 | Report Abuse

Congrats to those who hold n keep buying. Kikikiki

KAQ4468

21,497 posts

Posted by KAQ4468 > 2018-10-25 09:10 | Report Abuse

1 day 5 cents
1 day 5 cents




80 cents mariiiiiii
80 cents mariiiiiii


ini hari kasi 10 cents la...special request

KAQ4468

21,497 posts

Posted by KAQ4468 > 2018-10-25 10:42 | Report Abuse

ini hari kasi 10 cents la...special request


lai lai lai

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-10-25 13:58 | Report Abuse

towards rm1 n below. kikiiki

KAQ4468

21,497 posts

Posted by KAQ4468 > 2018-10-25 13:59 | Report Abuse

next year going to be cents cents
no more ringgit ringgit

Posted by BaybieShark > 2018-10-25 14:11 | Report Abuse

PE wise too high compared to other steel counter

KAQ4468

21,497 posts

Posted by KAQ4468 > 2018-10-25 16:58 | Report Abuse

aiyaaaaa...today kasi 8 cents ka

KAQ4468

21,497 posts

Posted by KAQ4468 > 2018-10-25 16:59 | Report Abuse

tomorrow kasi angkat balik la 2-3 cents ...banyak kesian la hari hari kena hantam

keep some for 2019


hihihihih

JayC

1,302 posts

Posted by JayC > 2018-10-26 14:08 | Report Abuse

i think price is way too low at current situation. dividend yield is 0.19/1.4 = 13.3%

KAQ4468

21,497 posts

Posted by KAQ4468 > 2018-10-26 14:53 | Report Abuse

heading to 80 cents

only then we call it low

YKLIEW

157 posts

Posted by YKLIEW > 2018-10-26 19:49 | Report Abuse

Is Annjoo supplying steel products for LRT 3 and MRT2? If so, then the potential is huge. Share prices should go up right?

GRACE1966

635 posts

Posted by GRACE1966 > 2018-10-26 20:51 | Report Abuse

Contractors bought their steels from SSteel, Hiap Teck, AYS, Masteel and other.

GRACE1966

635 posts

Posted by GRACE1966 > 2018-10-26 20:52 | Report Abuse

Next low is 1.20 not longer 1.43.

CharlesT

14,946 posts

Posted by CharlesT > 2018-10-27 11:19 | Report Abuse

Fm rm4 gives 50% dicount to rm2....could it be another 50% dicount to rm1?

I also wish KAQ4468's dreams come true so i can average down...if rm1 to rm1.20 will buy some

CharlesT

14,946 posts

Posted by CharlesT > 2018-10-27 11:23 | Report Abuse

During the worst time in 2015/2016 they were making loss n having hundreds of millions debts after the expansion n price of steel sucks n price was ard 0.70+...

Lets c how low u can go this round...

ming

2,083 posts

Posted by ming > 2018-10-28 17:52 | Report Abuse

Annjoo was killed by the preference share which diluted EPS..
We shall see how much the export sales contribute in nx qr as the CEO mentioned 30% compare the first half oni 15%..

1: china steel price is 15% higher compare local (china inventory still dropping)
-good for export
-AllianceSteel will rather export back china
2: inventory surge might due to they purchase more raw material during tax free period (but some argue no demand caused inventory surged)
3: how big the impact of local demand during july-sep (new government review existing project)
-freeze of new APDL for KL properties
-cancel of ECRL (the oni project in progress which has been STOP;MRT3/HSR not even start)
4: potential of resume ECRL or other mega project?
5: steel price was stood between 2350-2400 since May
-slow down for new propery launching since election
-more will launch back by first half 2019

KAQ4468

21,497 posts

Posted by KAQ4468 > 2018-10-29 09:02 | Report Abuse

waaaaaaaa

KAQ4468

21,497 posts

Posted by KAQ4468 > 2018-10-29 09:05 | Report Abuse

Posted by CharlesT > Oct 27, 2018 11:19 AM | Report Abuse

Fm rm4 gives 50% dicount to rm2....could it be another 50% dicount to rm1?

I also wish KAQ4468's dreams come true so i can average down...if rm1 to rm1.20 will buy some









yeaaaaaaa..... 1 ringgit !!! 1 ringgit !!! 1 ringgit !!!


but I call for 80 cents ....80 cents !!!!

calvintaneng

56,580 posts

Posted by calvintaneng > 2018-10-30 09:49 | Report Abuse

Aiyoyo

Anjoojoo

Johnlu wants Susu

Game over

KAQ4468

21,497 posts

Posted by KAQ4468 > 2018-10-30 10:36 | Report Abuse

susu...susu....susu...susu ...

hihihih


susu @ 80 cents

Up_down

4,346 posts

Posted by Up_down > 2018-10-30 10:48 | Report Abuse

Never underestimate the vacuum created by FF. It may form a liquidity crunch in Bursa which would trigger selling down of share margin holders. The effects is contagious and we see many counters may trade at unreasonable low multiple PER.

CharlesT

14,946 posts

Posted by CharlesT > 2018-10-30 10:56 | Report Abuse

Yeap. Its happening now

The question is how much more can it go lower...

10%? 20% 30%? 50%? Suspended at 0.04 like MPCorp and then delisted?

CharlesT

14,946 posts

Posted by CharlesT > 2018-10-30 10:59 | Report Abuse

Infact a lot of co drops more than 30% this yeer, some more than 50%...some more than 70%..

If yr hands are full of shares and some more under margin financing then u can hardly sleep well now

However, if yr hands are full of cash u must be very excited nowadays seeing new lows everyday and mega sales

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-10-30 11:04 | Report Abuse

KIKIIKI. MANY GOT TRAPPED. NEED TO WAIT ANOTHER 15 YEARS LOH...

Up_down

4,346 posts

Posted by Up_down > 2018-10-30 11:04 | Report Abuse

Apply margin of safety to shop during super mega sales....pay max 25% of peak share price for counters without near term good prospects.

CharlesT

14,946 posts

Posted by CharlesT > 2018-10-30 11:05 | Report Abuse

Sifu will be very excited during bad times while everybody (ops sorry maybe except CpTeh) is excited during good times

Bro Up_Down are u excited now?

CharlesT

14,946 posts

Posted by CharlesT > 2018-10-30 11:08 | Report Abuse

For those who went thru 1998 n 2008 they should be in a better position to handle the current mkt situation.

For those newcomers after 2010 then happy learning with the bear

KAQ4468

21,497 posts

Posted by KAQ4468 > 2018-10-30 11:08 | Report Abuse

80 cents coming !!!!

80 cents coming !!!!

80 cents coming !!!!

80 cents coming !!!!

KAQ4468

21,497 posts

Posted by KAQ4468 > 2018-10-30 11:09 | Report Abuse

many people get trapped above 2 ringgit ...called themselves as smart


kah kah kah

KAQ4468

21,497 posts

Posted by KAQ4468 > 2018-10-30 11:11 | Report Abuse

bought @ 2
now @ 1.3



35% in loss

CharlesT

14,946 posts

Posted by CharlesT > 2018-10-30 11:26 | Report Abuse

Rm1.38+ 0.06 interim div=rm1.44..my average cost is rm1.80+...sufferinhg 20%+ paper loss

Will wait for rm1 to rm1.20 to do down averaging

CharlesT

14,946 posts

Posted by CharlesT > 2018-10-30 11:27 | Report Abuse

KAQ4468 very pandai n dont suffer any loss loh...just like cpteh..
Coz never buy mah....lol

Up_down

4,346 posts

Posted by Up_down > 2018-10-30 11:28 | Report Abuse

CharlesT Bro, Not really. DJ is holding my excitement. I am waiting US to kanasai before re entering the market in bullish mode. Will wait and see things to happen in next 6 to 12 months.

CharlesT

14,946 posts

Posted by CharlesT > 2018-10-30 11:28 | Report Abuse

If really can drop to 0.80 will u buy? Or wait for 0.40?

Up_down

4,346 posts

Posted by Up_down > 2018-10-30 11:31 | Report Abuse

80 cents is good buy since it's merely 20% of the peak price.

CharlesT

14,946 posts

Posted by CharlesT > 2018-10-30 11:32 | Report Abuse

I started to buy when there is 50% discount...buy again when there is another 50% discount...what if it drops by 90%?

CharlesT

14,946 posts

Posted by CharlesT > 2018-10-30 11:33 | Report Abuse

Dont worry it will either u broke or u make huge money then if it doesnt go broke

CharlesT

14,946 posts

Posted by CharlesT > 2018-10-30 11:34 | Report Abuse

Will share u my story on another stock in dec...c whether i broke or....

Up_down

4,346 posts

Posted by Up_down > 2018-10-30 11:40 | Report Abuse

I bought too early in 2018 as I followed WB timing...so I didn't make much.

I am tracking few hundred counters earnings now. Majority are still trending downward...so I am waiting patiently now. Many DJ big corporations earnings are expected hitting peak in the end of this year. Nothing much interesting in 2019 liao.

Posted by CharlesT > Oct 30, 2018 11:30 AM | Report Abuse

Bro up down i made a mistake in 2007 ...when mkt laosai during nov m dec 2007 many were waiting for bigger correction which they believed will happy in mid 2008 which never happen

So now i buy phase by phase

CharlesT

14,946 posts

Posted by CharlesT > 2018-10-30 11:43 | Report Abuse

Ok. Most importantly dont get killed by the Bear Bear

Up_down

4,346 posts

Posted by Up_down > 2018-10-30 11:44 | Report Abuse

Bro, Don't set too much limitations on ourselves. there are many counters outside for us to grab. Not all in one basket la.


Posted by CharlesT > Oct 30, 2018 11:32 AM | Report Abuse

I started to buy when there is 50% discount...buy again when there is another 50% discount...what if it drops by 90%?

Jon Choivo

3,668 posts

Posted by Jon Choivo > 2018-10-30 11:46 | Report Abuse

Hmm the dividend is interesting. There may be some speculation based on the yield which pushes the price up to like 5% div.

But i see the debt go up, despite strong profit. Abit hard to swallow.

But the high div shows that the owners know this biz is rubbish one, so instead of expanding, they keep giving div, which is good.

Really hard to say man. Should continue to be profitable for next year gua.

Jon Choivo

3,668 posts

Posted by Jon Choivo > 2018-10-30 11:49 | Report Abuse

As long as got tariff, can make money i guess.

CharlesT

14,946 posts

Posted by CharlesT > 2018-10-30 11:51 | Report Abuse

Annjoo is only one of my small investment...i never fancy that much on steel counters all this while...

godhand

1,945 posts

Posted by godhand > 2018-10-30 11:52 | Report Abuse

rebar counter tie hand to hand with construction counter. its a chance to collect when low.

Up_down

4,346 posts

Posted by Up_down > 2018-10-30 12:02 | Report Abuse

Waiting trend of FF to re-enter Bursa again.

CharlesT > Oct 30, 2018 09:50 AM | Report Abuse

Yeap. Its happening now

The question is how much more can it go lower...

10%? 20% 30%? 50%? Suspended at 0.04 like MPCorp and then delisted?

CharlesT

14,946 posts

Posted by CharlesT > 2018-10-30 12:08 | Report Abuse

How do u keep track on that? Basing on the data they released on foreign buying n selling? on daily or weekly or monthly basis?

CharlesT

14,946 posts

Posted by CharlesT > 2018-10-30 12:09 | Report Abuse

My 6 sense tell me Nov will be good...

C whether my 6 sense will bring me to Holland

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