Posted by Blackberry > 2019-08-23 10:27 | Report Abuse

Calvintaneng talk kok king.....SKL con man show.

Posted by KAQ4468 > 2019-08-23 10:28 | Report Abuse

Ann Joo

Posted by Blackberry > 2019-08-23 10:47 | Report Abuse

In the cuttroat market like now, to better control financial/management of Ann Joo, obviously now major shareholder of this counter wants to goreng down the share price and sapu from panic minority shareholders, then after they control more than 60% share volume then offer privatised. like this can avoid government push them merge with Masteel / lionsteel. If any old player here still remember Perwaja? it's Tun M masterpiece!!

Posted by LaksaBoy > 2019-08-23 13:06 | Report Abuse

what happen keeping low

Posted by No right Nor wrong Only to Win > 2019-08-23 13:38 | Report Abuse

I see the 1.22 tail lamp liaow !

Posted by yfchong > 2019-08-24 11:00 | Report Abuse

Could history relates..

Posted by GRACE1966 > 2019-08-27 19:48 | Report Abuse

Kiki lala.............RED RED RED RED COMING. Sure break below 1.20.

Posted by Jeffreyteck > 2019-08-28 15:55 | Report Abuse

Even companies reported profit up also dropped. This may be bad if not profit making. ST bearish unless still making profit.

Posted by Hustle > 2019-08-28 15:57 | Report Abuse

Is time switch to USD safety heaven

Posted by 1009 > 2019-08-28 19:01 | Report Abuse

<REVIEW OF PERFORMANCE>

Higher revenue in the second quarter of 2019 (“2Q2019”) and first half of
mainly due to higher export tonnage sold. International and domestic selling prices remained depressed, and domestic demand continued to be weak.

Losses in 2Q2019 and 1H2019 were mainly attributable to:

i) Lower selling price coupled with rising raw material and fuel costs;

ii) Higher-than-usual production cost in 2Q2019 due to the scheduled Blast Furnace (“BF”) shutdown; and

iii) Other costs in 2Q2019 including allowance for inventories written down of RM22.54 million and overhead cost for plant temporary shutdown on the BF relining exercise and plant upgrading activities amounted to RM4.98 million.

<PROSPECTS>

The challenging industry landscape persists in the third quarter of 2019, driven by weak near-term domestic demand, oversupply of construction steel locally and global economic uncertainty arising from US-China trade friction. Nevertheless, domestic steel consumption is expected to eventually improve with the revival of selected mega infrastructure and large scale development projects.

Excessive supply of construction steel by foreign-owned local steel mills to the domestic market continues to be the key market disruption given a backdrop of slow progress in domestic demand in the near term. The Group remains highly responsive to market changes and agile in its sales mix to meet international demand and to proactively increase export sales amidst lacklustre near-term domestic demand. The industry is constantly in discussions with the relevant government authorities to resolve the current issues faced by the steel industry.

With the successful relining exercise for its blast furnace and upgrading measures undertaken in 2Q2019, the Group focuses on driving cost and operating efficiency, and continually enhancing its competitive position in preparation for an eventual recovery in the steel sector. The recent decline in key raw material prices, particularly iron ore and coking coal, will drive lower production cost going forward.

Taking into consideration the challenging industry dynamics, the Group’s performance for the year is heavily dependent on the rectification pace of the domestic oversupply situation and steel price trends in both domestic and export markets.

Posted by yfchong > 2019-08-28 19:11 | Report Abuse

Can come back to check the hibernation

Posted by Albukhary > 2019-08-28 19:12 | Report Abuse

would it drop below RM1.00?

Posted by apple168 > 2019-08-28 19:46 | Report Abuse

Annjoo posted another loss making quarter! 53million loss, equal to EPS of 7 cents!

Posted by apple168 > 2019-08-28 19:47 | Report Abuse

Penny share counter in making...

Posted by Jeffreyteck > 2019-08-28 22:02 | Report Abuse

Highlighted disposal of treasury shares in July, which is odd. ST loans above one billion, no idea why it is a ST loans by a heavy industry player, interest expense may kill and repayment is a huge challenge as cash balance is relatively low. Challenges ahead unless various factors turn into positive. Speculative play may exist as usual. The only ST support element is nta and that can be eroded fast if there is undisclosed potential impairment or higher loss etc. Good luck everyone in this big bursa market.

Posted by GRACE1966 > 2019-08-29 09:48 | Report Abuse

Next quarter continue bleeding. Be careful.

Posted by No right Nor wrong Only to Win > 2019-08-29 11:10 | Report Abuse

Annjoo 果然跌出了 水准来
Lets see 1.13 got support not...
Else , consolidate phase will stay put longer ranging from 1.16-1.41

Quality counter to monitor.

Posted by apple168 > 2019-08-29 12:21 | Report Abuse

Non stop Bleeding company!

Posted by No right Nor wrong Only to Win > 2019-08-29 14:47 | Report Abuse

A quick cut above 1.19 ,
may brace well for shorte term rebound.

wish can earn quick money then

Posted by KAQ4468 > 2019-08-29 14:48 | Report Abuse

aiyaaaa ann joo

Posted by KAQ4468 > 2019-08-29 14:49 | Report Abuse

i like !!!!!






Posted by KAQ4468 > Oct 23, 2018 3:39 PM | Report Abuse X

aiyaaaaaa


1 day 5 cents
1 day 5 cents




80 cents mariiiiiii
80 cents mariiiiii

Posted by surviver > 2019-08-29 16:40 | Report Abuse

bad quarter result

Posted by apple168 > 2019-08-29 17:16 | Report Abuse

We expecting annjoo share price break below 1.00

Posted by KAQ4468 > 2019-08-29 17:20 | Report Abuse

i like !!!!!






Posted by KAQ4468 > Oct 23, 2018 3:39 PM | Report Abuse X

aiyaaaaaa


1 day 5 cents
1 day 5 cents




80 cents mariiiiiii
80 cents mariiiii

Posted by beyond2288 > 2019-08-29 18:38 | Report Abuse

runnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnn

Posted by KAQ4468 > 2019-08-30 00:01 | Report Abuse

Kesian sama Hng33

Dia hantam @ RM 3.1


Kah kah kah

Posted by apple168 > 2019-08-30 16:41 | Report Abuse

Still got ppl to catch the falling knife?! Sign...

Posted by yfchong > 2019-08-30 20:32 | Report Abuse

Can go back to 60 cts...

Posted by yfchong > 2019-08-31 12:32 | Report Abuse

Come come....

Posted by Jeffreyteck > 2019-09-01 08:45 | Report Abuse

Aminvest fair value dropped to 73. While I don't like IBs, but certainly may want to review this counter risks. Nonetheless, speculative play may temporarily push up the price. MT negative.

Posted by KAQ4468 > 2019-09-04 14:32 | Report Abuse

eish eish eish

Posted by KAQ4468 > 2019-09-04 14:37 | Report Abuse

eish eish eish eish .........









ANNJOO STEEL – Why is it in Calvin Tan Research’s Investment Radar Now, Calvin Tan
February 3rd, 2019 Calvin Tan Smart Investment

This month is Annjoo Steel. Why Annjoo Steel now of all the Steel Counters in KLSE?

These are some salient factors:

1) ANNJOO STEEL HAS FALLEN TO ATTRACTIVE VALUE OF 44% BELOW NAV

2) RECENT PROJECTS AWARDED SHOW SOME DEMAND FOR STEEL

3) In Good Times Anjoo pays good dividends

4) ANNJOO IS VERY TRANSPARENT

5) POWERFUL EARNINGS PER SHARE (EPS)

6) ANNJOO IS EXPORTING STEEL TO SINGAPORE

7) HUGE DEMAND FROM SINGAPORE FOR ANNJOO STEEL

Posted by KAQ4468 > 2019-09-10 15:32 | Report Abuse

aiyaaaaaaa

Posted by khatulistiwa1234 > 2019-09-17 09:15 | Report Abuse

I heard ANNJOO getting serious HUGE purchase steel bar and rod , sheet on worldwide famous corporate , ANNJOO coming to limit up soon .

Posted by khatulistiwa1234 > 2019-09-17 09:16 | Report Abuse

LIMIT UP for ANNJOO is highly forecast , LEAK most secret corporate play in steel matter .

Posted by khatulistiwa1234 > 2019-09-17 09:17 | Report Abuse

estimated 2.50 - 3.00 ranged coming to landed .

Posted by khatulistiwa1234 > 2019-09-17 09:20 | Report Abuse

Rumor news , gap up 30% is expected , singapore since BULK purchase in , ANNJOO whole full house steel stock , sound terrible great , is about billion RM stock warehouse .

Posted by khatulistiwa1234 > 2019-09-17 09:21 | Report Abuse

TRUMP is start playing ORE STEEL STOCK , another BULL is ORE , not others country , heard will sky blue higher , our steel price GAP UP .

Posted by khatulistiwa1234 > 2019-09-17 09:23 | Report Abuse

ANNJOO , LIONIND , SSTEEL and last MASTEEL will BULL RUN as well , heard TRUMP will monitor the FLY as well .

Posted by khatulistiwa1234 > 2019-09-17 09:23 | Report Abuse

ORE steel BULL RUN is coming , all 3 digit up .

Posted by KAQ4468 > 2019-09-17 09:26 | Report Abuse

eish eish eish


from 3 ringgit to 1.3



kesiannnnnnn


1 ringgit coming


kah kah kah kah

Posted by khatulistiwa1234 > 2019-09-17 09:27 | Report Abuse

TRUMP sir doing shopping at ORE , IRON STEEL FIRM all like BLUE OCEAN SKY BLUE WILD EXPENSE .

Posted by khatulistiwa1234 > 2019-09-17 09:28 | Report Abuse

it since RAINBLOW after heavy rain , haze problem sudden clear , the sky is BLUE BLUE indicated .

Posted by khatulistiwa1234 > 2019-09-17 09:28 | Report Abuse

BULL BLUE declare , ANNJOO lead the shooting .

Posted by KAQ4468 > 2019-09-17 09:28 | Report Abuse

i like !!!!!






Posted by KAQ4468 > Oct 23, 2018 3:39 PM | Report Abuse X

aiyaaaaaa


1 day 5 cents
1 day 5 cents




80 cents mariiiiiii
80 cents mariiiii

Posted by khatulistiwa1234 > 2019-09-17 09:33 | Report Abuse

1.60 in short ward .

Posted by khatulistiwa1234 > 2019-09-17 09:33 | Report Abuse

correct source leak news .

Posted by KAQ4468 > 2019-09-17 09:35 | Report Abuse

aiyooo khatu .... 1.6 ka ??

Posted by KAQ4468 > 2019-09-17 09:36 | Report Abuse

can or not ??

gua takut dia down 30 cents instead of up 30 cents

Posted by khatulistiwa1234 > 2019-09-17 10:04 | Report Abuse

Yes , will down to below 1.00 , coz OUR COUNTRY STEEL FACTORY ALL NOT DEMAND < YOU take a drive , visit all , they are flooded until not space to loading any more , ANNJOO yes , LIONIND yes , SSTEEL yes and the small Masteel also , FLOODED like hell , hang or suspend operation detract .