ANN JOO RESOURCES BHD
KLSE (MYR): ANNJOO (6556)
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Last Price
0.82
Today's Change
0.00 (0.00%)
Day's Change
0.82 - 0.83
Trading Volume
451,700
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Discussions
7 people like this. Showing 50 of 8,800 comments
Steel demand will rise
https://www.nst.com.my/business/economy/2024/09/1103117/construction-boost-malaysia-fueled-large-infra-projects
2 months ago
Didnt even get any notification about the rights issue. Aren't they supposed to email to us?
2 months ago
Annjoo-R1 worths a bet. The new warrant should worths around RM0.20+ upon listing.
2 months ago
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%
2 months ago
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
2 months ago
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/
2 months ago
How will the carbon tax be charged for steel? Based on the amount of coal used?
2 months ago
carbon tax, foreign worker levy, epf on foreign worker, min salary will hit steel companies
2 months ago
Not ony steel comp but many others industries too, hard to sustain an industrial biz operation along w this budget presented last FRI
2 months ago
The budget announced recently put stopper to prc hike coincidentally after the RI acceptance dateline, d company locked in huge amt frm the RI
1 month ago
The company want to sell its land at Prai..
Closing down their largest factory?
1 month ago
May i know the Annjoo R1 shares given last month must do any conversion? because it is no longer in my equities portfolio account
1 month ago
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
1 month ago
that's the only hope, sale land at good price b4 and after, if land deal off then only gone
1 month ago
the land is located at prime location, it should be able to attract many buyers.. so near to Port
1 month ago
Good for Data Centre? Penang is one of the submarine landing station for Malaysia.
https://theedgemalaysia.com/node/732607
1 month ago
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.
1 month ago
Trump's tariffs on China have a positive effect on the Malaysian steel industry 🤗
2 weeks ago
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Bryan3163
What is the after ex price ? If let say last price before ex is 0.97 , thanks.
2 months ago