ANN JOO RESOURCES BHD
KLSE (MYR): ANNJOO (6556)
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Last Price
0.83
Today's Change
-0.025 (2.92%)
Day's Change
0.83 - 0.86
Trading Volume
726,100
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Discussions
7 people like this. Showing 50 of 8,796 comments
PMB Technology to increase production
The Star Monday, 16 Sep 2024
https://www.thestar.com.my/business/business-news/2024/09/16/pmb-technology-to-increase-production
2 months ago
if they want better right issue price time to lift up the price now, since egm passed the resolution
1 month ago
What is the after ex price ? If let say last price before ex is 0.97 , thanks.
1 month ago
Steel demand will rise
https://www.nst.com.my/business/economy/2024/09/1103117/construction-boost-malaysia-fueled-large-infra-projects
1 month ago
Didnt even get any notification about the rights issue. Aren't they supposed to email to us?
1 month ago
Annjoo-R1 worths a bet. The new warrant should worths around RM0.20+ upon listing.
1 month 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%
1 month 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
1 month 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/
1 month ago
How will the carbon tax be charged for steel? Based on the amount of coal used?
1 month ago
carbon tax, foreign worker levy, epf on foreign worker, min salary will hit steel companies
1 month ago
Not ony steel comp but many others industries too, hard to sustain an industrial biz operation along w this budget presented last FRI
1 month 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
2 weeks ago
The company want to sell its land at Prai..
Closing down their largest factory?
2 weeks 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 week 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 day ago
that's the only hope, sale land at good price b4 and after, if land deal off then only gone
1 day ago
the land is located at prime location, it should be able to attract many buyers.. so near to Port
1 day ago
Good for Data Centre? Penang is one of the submarine landing station for Malaysia.
https://theedgemalaysia.com/node/732607
1 day 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 day ago
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PMB Technology to increase production
The Star Monday, 16 Sep 2024
https://www.thestar.com.my/business/business-news/2024/09/16/pmb-technology-to-increase-production
2 months ago