ANN JOO RESOURCES BHD
KLSE (MYR): ANNJOO (6556)
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Last Price
0.83
Today's Change
-0.005 (0.60%)
Day's Change
0.825 - 0.83
Trading Volume
168,400
Meeting
| Ann. Date | Date | Time | Type | Venue | View |
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Discussions
7 people like this. Showing 50 of 8,808 comments
Didnt even get any notification about the rights issue. Aren't they supposed to email to us?
2024-10-15 09:51
Annjoo-R1 worths a bet. The new warrant should worths around RM0.20+ upon listing.
2024-10-15 10:01
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%
2024-10-15 10:09
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
2024-10-15 10:09
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/
2024-10-17 12:21
How will the carbon tax be charged for steel? Based on the amount of coal used?
2024-10-19 01:04
carbon tax, foreign worker levy, epf on foreign worker, min salary will hit steel companies
2024-10-21 09:56
Not ony steel comp but many others industries too, hard to sustain an industrial biz operation along w this budget presented last FRI
2024-10-22 05:19
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 months ago
The company want to sell its land at Prai..
Closing down their largest factory?
2 months 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
2 months 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
2 months ago
that's the only hope, sale land at good price b4 and after, if land deal off then only gone
2 months ago
the land is located at prime location, it should be able to attract many buyers.. so near to Port
2 months ago
Good for Data Centre? Penang is one of the submarine landing station for Malaysia.
https://theedgemalaysia.com/node/732607
2 months 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.
2 months ago
Trump's tariffs on China have a positive effect on the Malaysian steel industry 🤗
1 month ago
This is not looking good...
https://www.freemalaysiatoday.com/category/nation/2024/12/30/increased-power-tariffs-will-burden-industry-says-iron-and-steel-sector/
3 weeks ago
“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。
2 weeks ago
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2024-10-14 11:39