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Worst stock to buy and my friend recommended me to buy this when he himself bought SCGB since 2023! Just that SCGB earns him $1m over ringgit ! Damn bastard
True bro! He’s a friend since secondary school some more ! Damn idiot. He earn so much money still make his wife go Singapore rent one room and work. Sibei jialat one ! Looking back just buy DBS bank SGX good enough already
Back in 2015, China initiated a major steel production cut, and as a result, Ann Joo Resources surged from RM0.62 to RM3.70 over the following years.
Now in 2025, history seems to be repeating itself — China has once again started reducing steel output, leading to a steady rise in Rebar futures. On top of that, the massive Yarlung Tsangpo hydropower project — with a total investment of RMB 1.2 trillion — is set to drive substantial demand for steel in infrastructure like dams, tunnels, and power stations.
With both supply tightening and demand heating up, the steel sector could be entering another bullish cycle. This rally might just be one to watch closely.
