Posted by KAQ4468 > 2018-11-30 10:39 | Report Abuse

aiyaaaa

target ka ??

Posted by KAQ4468 > 2018-11-30 10:43 | Report Abuse

mau kasi bikin evaluation dulu la boss

price stock , dividend stock , growth stock

Posted by Hahagang > 2018-11-30 12:27 | Report Abuse

What the hell the seller thinking ?

Posted by ming > 2018-11-30 19:58 | Report Abuse

Net Profit drop around 70% if take out one off gain..
Now market see steel like macam see hantu.. price can drop serious than other those making loss.. wtf

Posted by 1009 > 2018-11-30 20:28 | Report Abuse

对于Annjoo
这季度的表现还不错的。
它没有SSteel和Masteel的…运作费用
加上Annjoo有长期稳定的…格外收入
只是贷款有点偏高……每季度要支付千万的费用

对于大马的钢铁行业，还要挨多2个季度
希望Annjoo股东们…撑着别慌，离春天不再遥远吧？

今天，
可能被SSTeel的净利被影响抛售，
一直保持优越的Ssteel都支撑不住…盈利
实在让人慌的感觉

Annjoo今天证明了，它一哥位置
证明它的管理模式是比较优秀的
加油吧！Annjoo员工和股东们…会越来越好！

Posted by akulamatata > 2018-11-30 21:04 | Report Abuse

Mana ada one off gain oh?izzit the compensation fr china abt rm20m+- ??if yes that amt haven't receive lah

Posted by Kong Chek Hwa > 2018-11-30 23:13 | Report Abuse

Annjoo result consider not too bad... those play safe can slowly accumulate while the price is really worth.. NTA is RM2.4 and the share price is far lower than this. marginal safety is high.
And most importantly, Annjoo distribute decent dividend which i think nothing much to scare about.
good luck all

Posted by popo92 > 2018-12-01 00:38 | Report Abuse

Higher profitability was due to recognition of compensation for delay in plant completion of RM25.21 million arising from the awards of an arbitration.

Posted by popo92 > 2018-12-01 00:41 | Report Abuse

if without this 25million, this quarter is less than 10million. good lucks

Posted by 1009 > 2018-12-01 10:13 | Report Abuse

不觉得咯…
依然还是四大钢里最优秀的。
没有子公司拖累
没有庞大的运营费用
每季度依然找到格外收入支撑

缺点就是…较高的贷款
但也拥有最多最大的钢铁存库

只要钢铁行业需求复苏
暴涨最强最快，就只有Annjoo
钢铁依然首选…Annjoo

就算没有25mil
它也是超过12mil的净利
也是最优秀的。

Posted by Hahagang > 2018-12-01 15:15 | Report Abuse

If save to FY18 said it got 150 m as PBT, 60% dividend policy can give 12 cents as dividend. That is dividend yield of more than 10%.
Now entries price dam good for a dividend stock.

Posted by Leven Lim > 2018-12-01 17:52 | Report Abuse

capital loss more than dividend yield. haix.. super bad quarter result somemore.

Posted by trulyinvest > 2018-12-01 17:56 | Report Abuse

Peny stock soon. Up from 60sen

Posted by value88 > 2018-12-02 13:28 | Report Abuse

The director and major shareholder bought back quite a high volume of AnnJoo stocks in Oct 2018. He already knew the earnings in Q3 will be higher QoQ in end Sept'18 when Q3 ended.

Posted by akulamatata > 2018-12-02 22:02 | Report Abuse

Aiyo, that arbitration compensation I pretty sure not yet receive lah,read report baik baik ma

Posted by lorimilo > 2018-12-03 00:15 | Report Abuse

Below 1.00 soon

Posted by KAQ4468 > 2018-12-03 10:29 | Report Abuse

80 cents kambingggggggg

Posted by ConfortZone > 2018-12-03 14:23 | Report Abuse

With the current steel demand and economic situation, penny stock very sooooooon

Posted by KAQ4468 > 2018-12-06 14:30 | Report Abuse

good

now 1.2 era

Posted by KAQ4468 > 2018-12-06 14:32 | Report Abuse

next month 1.1 era


next 2 month 1.0 era


next 3 month 0.9 era


next 4 month 0.8 era



owwwwwwwww !!! my 80 cents kambing

Posted by Hahagang > 2018-12-06 15:13 | Report Abuse

Thanks for the arrest of the Huawei CFO..... wait.... this is not a IT company.

What ever it is, just ready for window dressing

Posted by KAQ4468 > 2018-12-06 16:01 | Report Abuse

2018 don't have window dressing la

will be undress

Posted by KAQ4468 > 2018-12-11 23:16 | Report Abuse

owwwwwwwww !!! my 80 cents kambing

Posted by yfchong > 2018-12-11 23:18 | Report Abuse

60 cts...

Posted by KAQ4468 > 2018-12-11 23:19 | Report Abuse

50 cents also can


kikikikiki

Posted by KAQ4468 > 2018-12-11 23:24 | Report Abuse

our index still high .... 1652

baru discount 10%


once 20% discount , baru kita start hantam

Posted by KAQ4468 > 2018-12-14 10:57 | Report Abuse

good ... 1.21


1.1 soon



kah kah kah

Posted by KAQ4468 > 2018-12-18 11:18 | Report Abuse

yeahhhhh

already start trade @ 1.1


still not cheap yet


don't want ringgit ringgit ...we want cents cents

Posted by 1099133743600537 > 2018-12-18 11:33 | Report Abuse

yes come to cents baby!!!! waiting for u at 0.8

Posted by ttluck > 2018-12-19 15:43 | Report Abuse

wv this price and if annjoo still giv generous div.....then can consider keep some....

Posted by ming > 2018-12-19 15:47 | Report Abuse

makan ubat ni~

Posted by dare2join > 2018-12-19 16:25 | Report Abuse

MR LIM very happy with this price, sapu non stop

Posted by commonsense > 2018-12-26 08:43 | Report Abuse

Ann Joo is the most cost-efficient steel player in the industry with the company being the only operator of hybrid blast furnace and electric arc furnace (BF- EAF) technology in Malaysia. This provide the company the flexibility to switch raw materials (iron ore and coke for blast vs scrap metal for electric arc) in order to managed their cost.

The company’s main products: steel billet, bar and rod are mostly produced for the domestic market in particular for the construction and property industries. Exporting to other countries with good margins is difficult to execute given that most countries have their own import duties imposed on steel products in order for them to protect their own steel industries. Malaysia itself impose safeguard duties on rebar, wire rod and deformed bar in coil until April 2020.

Given the slowdown of both the property (due to weak market sentiment) and construction (government decision to put on hold, shelves, scale down or cancel big projects like HSR ECRL, MRT3, LRT3 etc) industries, investors need to be prepared for a slowing down of both selling volume and selling price of Ann Joo’s product which will affect the future quarterly performance of the group. The company’s 3Q18 core PBT (excluding impairments, forex and one-off gains) was at RM20mil translating to a PBT margin of only 3.5% vs last year’s 10%. The decline in margin is both due to lower average selling price (due to softer demand) and higher input cost (higher coking coal, scrap metal, iron ore and electricity price). Unless the selling price of steel product improved, expect margins to remain in the lower level for the near future.

That being said, given the share price decline from its peak of around RM4 recorded early of the year to now RM1.25, all this negativity should have already been priced in. Analysts are not expecting the steel industry to fall back to the challenging period of FY12-15 when the industry was faced with oversupply from China. Ann Joo is still expected to post profit of around RM100mil in FY19. At the current price the company is still only trading at 6.7x PE.

If you are looking to diversify your portfolio outside of Ann Joo (to mitigate risks relating to steel industries), I would recommend you to look at MBMR.

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 5.5x PE (based on target FY18 PATAMI of RM145mil. 9m PATAMI is already RM106mil). PB is low at only 0.5x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.

For FY19 growth will be driven by the still high demand of new Myvi and the launch of the new SUV in 1Q19 and also the new Alza in 2H19.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. Most analysts have a TP of above RM3 for the company with Hong Leong being the lowest at RM3.13 and Maybank the highest at RM4.18.

Good luck.

Posted by GRACE1966 > 2018-12-26 21:22 | Report Abuse

STOP write rubbish.

What a point to have the most cost efficient steel player, if their production is less than 35% now. The cost of energy used will remain the same either the production is at 65% or 35% would eat into the margins especially at 35% ie the plane take off used the same volume of petrol weather full or half load of people.

Yet to see bottom.

Posted by James Ng > 2019-01-01 11:29 | Report Abuse

https://klse.i3investor.com/blogs/general/188402.jsp
[转贴] [ANN JOO RESOURCES BHD：基础设施和房地产板块的国内钢材需求依然疲软，年终季风期影响正在进行的建筑活动的工作进度，市场干扰目前正在抑制出口市场的钢材价格] - James的股票投资James Share Investing

Posted by RajaBursa2019 > 2019-01-04 15:08 | Report Abuse

GRACE1966 STOP write rubbish.

What a point to have the most cost efficient steel player, if their production is less than 35% now.



how do you know production is less than 35%
main tembak saja ka?

Posted by Airline Bobby > 2019-01-04 16:12 | Report Abuse

Gorengggggggg

Posted by RajaBursa2019 > 2019-01-04 16:14 | Report Abuse

sudah goreng ka ??

Posted by RajaBursa2019 > 2019-01-04 16:14 | Report Abuse

hangus ??

Posted by striker888 > 2019-01-04 16:21 | Report Abuse

James Ng you're good at writing garbage that doesn't say anything, maybe you can be a good financial analyst because that's what they do, or maybe you should do something useful with your life, hahaha

Posted by francis188 > 2019-01-05 11:53 | Report Abuse

dividend coming

Posted by GRACE1966 > 2019-01-06 22:45 | Report Abuse

Jame Ng's article is purely a true of facts.

Posted by GRACE1966 > 2019-01-06 22:48 | Report Abuse

Just wait for next Q..............

Posted by VenFx > 2019-01-07 09:56 | Report Abuse

The big 4 come alive ,
After Tun M. Shake hand with China ?

Posted by RajaBursa2019 > 2019-01-08 11:32 | Report Abuse

what u waiting for next Q ??

Posted by Hahagang > 2019-01-11 15:11 | Report Abuse

Why good to buy ?

Posted by Hahagang > 2019-01-11 15:31 | Report Abuse

I see, should have fish earlier....... now also can la.... looking forward when they declare dividen

Posted by RajaBursa2019 > 2019-01-11 15:33 | Report Abuse

Posted by LA777 > Jan 11, 2019 03:25 PM | Report Abuse

Hahagang, bottom fishing now.





bottom now @ 1.48 ???

u call it bottom ??

apa macam lu kira ??

Posted by Hahagang > 2019-01-11 15:37 | Report Abuse

Have to wait till end of Feb only can know how much. Base on their 60% policy on Q3 YTD profit, each share can have 12.5 cents, minus 8.5 already declare..... only left 4 cents......

have to see how they does on Q4..... as long as not negative then 4 cents possible.....

Posted by Hahagang > 2019-01-11 16:47 | Report Abuse

oh.... you mean you got it "Good Buy" back then.....