ANN JOO RESOURCES BHD

KLSE (MYR): ANNJOO (6556)

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Last Price

0.855

Today's Change

+0.01 (1.18%)

Day's Change

0.84 - 0.865

Trading Volume

592,200


7 people like this.

8,807 comment(s). Last comment by speakup 5 days ago

ptptulh

65 posts

Posted by ptptulh > 2024-10-10 17:18 | Report Abuse

no it's 8th oct tuesday b4 ex date

ptptulh

65 posts

Posted by ptptulh > 2 months ago | Report Abuse

never ending downhill kena scam

Leesa688

25 posts

Posted by Leesa688 > 2 months ago | Report Abuse

Didnt even get any notification about the rights issue. Aren't they supposed to email to us?

CharlesT

14,983 posts

Posted by CharlesT > 2 months ago | Report Abuse

Annjoo-R1 worths a bet. The new warrant should worths around RM0.20+ upon listing.

CharlesT

14,983 posts

Posted by CharlesT > 2 months ago | Report Abuse

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.

R1 is only RM0.165 now, a discount of 65%

CharlesT

14,983 posts

Posted by CharlesT > 2 months ago | Report Abuse

I think upon listing of the rights shares, mother shares will slowly climb back to Rm0.90+ while the new WA may trade at 0.20+ to 0.30+ then

Let's c

speakup

27,281 posts

Posted by speakup > 2 months ago | Report Abuse

just bot some at 86.5

speakup

27,281 posts

Posted by speakup > 2 months ago | Report Abuse

buy to punt. LOL! Q sell 90 for some kfc

cytew

1,618 posts

Posted by cytew > 2 months ago | Report Abuse

It will break 90 Sen after Annjoo-R1 has stopped trading on 18 October 2024

Safeld65

172 posts

Posted by Safeld65 > 2 months ago | Report Abuse

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.

https://recyclinginternational.com/commodities/ferrous-metal-recycling/worldsteel-indias-steel-demand-to-explode/58717/

hng33

20,528 posts

Posted by hng33 > 2 months ago | Report Abuse

Budget 2025, new carbon tax on steel industry

Posted by brand1987 > 2 months ago | Report Abuse

How will the carbon tax be charged for steel? Based on the amount of coal used?

soon9913

2,826 posts

Posted by soon9913 > 2 months ago | Report Abuse

carbon tax, foreign worker levy, epf on foreign worker, min salary will hit steel companies

AlfI3

1,292 posts

Posted by AlfI3 > 2 months ago | Report Abuse

Not ony steel comp but many others industries too, hard to sustain an industrial biz operation along w this budget presented last FRI

ptptulh

65 posts

Posted by ptptulh > 2 months ago | Report Abuse

useless counter ,kena scam

Safeld65

172 posts

Posted by Safeld65 > 2 months ago | Report Abuse

Next year will be a difficult year for the steel industry ...

AlfI3

1,292 posts

Posted by AlfI3 > 2 months ago | Report Abuse

The budget announced recently put stopper to prc hike coincidentally after the RI acceptance dateline, d company locked in huge amt frm the RI

soon9913

2,826 posts

Posted by soon9913 > 2 months ago | Report Abuse

The company want to sell its land at Prai..

Closing down their largest factory?

soon9913

2,826 posts

Posted by soon9913 > 2 months ago | Report Abuse

Time to sell on news?

speakup

27,281 posts

Posted by speakup > 2 months ago | Report Abuse

Ayoyoh sold too early

soon9913

2,826 posts

Posted by soon9913 > 2 months ago | Report Abuse

This news is enable RI boss to sell their ticket la

speakup

27,281 posts

Posted by speakup > 2 months ago | Report Abuse

Aduh! It hurts

soon9913

2,826 posts

Posted by soon9913 > 2 months ago | Report Abuse

Huge RI ticket will be selling on Monday

cytew

1,618 posts

Posted by cytew > 2 months ago | Report Abuse

RI tickets already had been sold on 7 November at 90 Sen

soon9913

2,826 posts

Posted by soon9913 > 2 months ago | Report Abuse

RI stocks only listing today... 11.11.2024

Posted by cywong23 > 2 months ago | Report Abuse

May i know the Annjoo R1 shares given last month must do any conversion? because it is no longer in my equities portfolio account

soon9913

2,826 posts

Posted by soon9913 > 2 months ago | Report Abuse

It is burnt if not exercising your R1. Ask your remisier. Good luck

ptptulh

65 posts

Posted by ptptulh > 1 month ago | Report Abuse

good sign

rchi

21,299 posts

Posted by rchi > 1 month ago | Report Abuse

sale of prai land will increase nta by RM1
wc is a multibagger

rchi

21,299 posts

Posted by rchi > 1 month ago | Report Abuse

current mkt cap is rm720 mil
prai land worth rm 800 mil
you get the rest of annjoo for free after the sales proceeds is received

soon9913

2,826 posts

Posted by soon9913 > 1 month ago | Report Abuse

got buyer ady ?

ptptulh

65 posts

Posted by ptptulh > 1 month ago | Report Abuse

that's the only hope, sale land at good price b4 and after, if land deal off then only gone

soon9913

2,826 posts

Posted by soon9913 > 1 month ago | Report Abuse

the land is located at prime location, it should be able to attract many buyers.. so near to Port

ptptulh

65 posts

Posted by ptptulh > 1 month ago | Report Abuse

roller coaster ride

ks55

4,322 posts

Posted by ks55 > 1 month ago | Report Abuse

Good for Data Centre? Penang is one of the submarine landing station for Malaysia.

https://theedgemalaysia.com/node/732607

rchi

21,299 posts

Posted by rchi > 1 month ago | Report Abuse

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.

ptptulh

65 posts

Posted by ptptulh > 1 month ago | Report Abuse

keep lau sai again nm!

speakup

27,281 posts

Posted by speakup > 1 month ago | Report Abuse

Boooochowwww. Cut losssss

Posted by Oldtownguy > 1 month ago | Report Abuse

Buy and keep for 1 year.
Steel stock should recovery soon.

ptptulh

65 posts

Posted by ptptulh > 1 month ago | Report Abuse

lao sai again

ptptulh

65 posts

Posted by ptptulh > 1 month ago | Report Abuse

volume n price up, anything ?

Safeld65

172 posts

Posted by Safeld65 > 1 month ago | Report Abuse

Trump's tariffs on China have a positive effect on the Malaysian steel industry 🤗

speakup

27,281 posts

Posted by speakup > 6 days ago | Report Abuse

Why sudden this up? Got news?

xiaoeh

2,874 posts

Posted by xiaoeh > 6 days ago | Report Abuse

“安裕资源(ANNJOO,6556,主板工业股)也处于有利的位置,该公司可以满足槟城轻快铁项目的钢铁需求。”

他解释说,这是因为安裕资源的主要钢铁厂,就位于威省的策略性位置,距离槟城中环广场仅6公里,距离槟城港口仅4分钟车程。

speakup

27,281 posts

Posted by speakup > 5 days ago | Report Abuse

oh f-a-r-k. sold too cheap

xiaoeh

2,874 posts

Posted by xiaoeh > 5 days ago | Report Abuse

will u buy back Speakup sifu?
ai what price if you do?

speakup

27,281 posts

Posted by speakup > 5 days ago | Report Abuse

I no sifu

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