Annjoo mother was last traded at 0.945 on 08 Oct b4 Ex 4:1 Rights issues
It's Rm0.825 now, in other words, the cost of 1 R1 is (RM0.945-RM0.825) = Rm0.12 X 4= RM0.48 for those who are holding mother shares for the right issues.
The World Steel Association (worldsteel) forecasts that global steel demand this year will fall for the third year in a row, down 0.9% but will largely rebound in 2025.
Going forward,a few positives. Proposed Prai land sale worth RM800 mil Penang LRT to start construction early 2025 requiring massive steel inputs. And rights issue was completed successfully bringing in RM125 mil.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ptptulh
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Posted by ptptulh > 2024-10-10 17:18 | Report Abuse
no it's 8th oct tuesday b4 ex date