Ann Joo Resources Berhad Future Growth

Future criteria checks 3/6

Ann Joo Resources Berhad is forecast to grow earnings and revenue by 94.5% and 5.2% per annum respectively. EPS is expected to grow by 94.5% per annum. Return on equity is forecast to be 3.2% in 3 years.

Key information

94.5%

Earnings growth rate

94.5%

EPS growth rate

Metals and Mining earnings growth	15.1%
Revenue growth rate	5.2%
Future return on equity	3.2%
Analyst coverage	Low
Last updated	30 Aug 2024

Recent future growth updates

Recent updates

Investors Continue Waiting On Sidelines For Ann Joo Resources Berhad (KLSE:ANNJOO)

Nov 05

Ann Joo Resources Berhad (KLSE:ANNJOO) Looks Just Right With A 27% Price Jump

Jul 02

Health Check: How Prudently Does Ann Joo Resources Berhad (KLSE:ANNJOO) Use Debt?

Jan 27

Returns On Capital Signal Difficult Times Ahead For Ann Joo Resources Berhad (KLSE:ANNJOO)

Aug 02

Shareholders Can Be Confident That Ann Joo Resources Berhad's (KLSE:ANNJOO) Earnings Are High Quality

May 05

Is Ann Joo Resources Berhad (KLSE:ANNJOO) A Risky Investment?

Dec 28

Ann Joo Resources Berhad (KLSE:ANNJOO) Is Experiencing Growth In Returns On Capital

Oct 08

Ann Joo Resources Berhad (KLSE:ANNJOO) Has A Somewhat Strained Balance Sheet

Jul 19

Ann Joo Resources Berhad (KLSE:ANNJOO) Is Experiencing Growth In Returns On Capital

Jun 24

An Intrinsic Calculation For Ann Joo Resources Berhad (KLSE:ANNJOO) Suggests It's 43% Undervalued

May 30

Earnings Beat: Ann Joo Resources Berhad (KLSE:ANNJOO) Just Beat Analyst Forecasts, And Analysts Have Been Lifting Their Forecasts

Mar 24

Would Ann Joo Resources Berhad (KLSE:ANNJOO) Be Better Off With Less Debt?

Mar 19

Did You Participate In Any Of Ann Joo Resources Berhad's (KLSE:ANNJOO) Fantastic 177% Return ?

Jan 26

Is Ann Joo Resources Berhad (KLSE:ANNJOO) A Risky Investment?

Dec 04

Earnings and Revenue Growth Forecasts

KLSE:ANNJOO - Analysts future estimates and past financials data (MYR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	2,866	72	N/A	80	2
12/31/2025	2,721	63	N/A	55	2
12/31/2024	2,652	-63	N/A	-60	2
6/30/2024	2,483	-42	-101	-36	N/A
3/31/2024	2,485	4	-220	-157	N/A
12/31/2023	2,508	-2	-188	-114	N/A
9/30/2023	2,698	-142	-145	-56	N/A
6/30/2023	2,820	-220	-141	-59	N/A
3/31/2023	3,032	-187	-137	-60	N/A
12/31/2022	3,035	-133	-111	-54	N/A
9/30/2022	2,979	-50	-251	-223	N/A
6/30/2022	2,624	153	-201	-183	N/A
3/31/2022	2,492	202	22	30	N/A
12/31/2021	2,396	243	-74	-68	N/A
9/30/2021	2,196	233	96	107	N/A
6/30/2021	2,350	145	138	148	N/A
3/31/2021	2,022	4	82	91	N/A
12/31/2020	1,891	-100	84	92	N/A
9/30/2020	1,955	-87	131	130	N/A
6/30/2020	1,901	-133	9	21	N/A
3/31/2020	2,129	-114	29	55	N/A
12/31/2019	2,221	-90	40	71	N/A
9/30/2019	2,293	-76	-42	12	N/A
6/30/2019	2,336	23	-41	12	N/A
3/31/2019	2,271	82	-168	-129	N/A
12/31/2018	2,322	150	-101	-59	N/A
9/30/2018	2,257	172	-213	-183	N/A
6/30/2018	2,304	185	-14	22	N/A
3/31/2018	2,285	193	N/A	185	N/A
12/31/2017	2,195	205	N/A	193	N/A
9/30/2017	2,057	196	N/A	174	N/A
6/30/2017	1,786	171	N/A	-5	N/A
3/31/2017	1,880	235	N/A	213	N/A
12/31/2016	1,870	167	N/A	340	N/A
9/30/2016	1,811	73	N/A	485	N/A
6/30/2016	1,813	-32	N/A	537	N/A
3/31/2016	1,730	-135	N/A	359	N/A
12/31/2015	1,761	-135	N/A	136	N/A
9/30/2015	1,839	-95	N/A	5	N/A
6/30/2015	2,021	1	N/A	74	N/A
3/31/2015	2,127	16	N/A	153	N/A
12/31/2014	2,292	23	N/A	471	N/A
9/30/2014	2,455	42	N/A	615	N/A
6/30/2014	2,453	18	N/A	482	N/A
3/31/2014	2,346	15	N/A	213	N/A
12/31/2013	2,155	12	N/A	-116	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ANNJOO is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.6%).

Earnings vs Market: ANNJOO is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ANNJOO is expected to become profitable in the next 3 years.

Revenue vs Market: ANNJOO's revenue (5.2% per year) is forecast to grow slower than the MY market (6.1% per year).

High Growth Revenue: ANNJOO's revenue (5.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ANNJOO's Return on Equity is forecast to be low in 3 years time (3.2%).

Ann Joo Resources Berhad Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Consensus EPS estimates fall from profit to RM0.11 loss

Price target increased by 28% to RM1.11

Price target increased by 16% to RM0.98

Consensus forecasts updated

Consensus EPS estimates increase by 24%

Consensus EPS estimates fall by 40%

Recent updates

Ann Joo Resources Berhad has completed a Follow-on Equity Offering in the amount of MYR 105.536094 million.

Investors Continue Waiting On Sidelines For Ann Joo Resources Berhad (KLSE:ANNJOO)

Consensus EPS estimates fall from profit to RM0.11 loss

Second quarter 2024 earnings released: RM0.08 loss per share (vs RM0.001 profit in 2Q 2023)

Ann Joo Resources Berhad Announces Appointment of Kong Tat Wai as Company Secretary

Ann Joo Resources Berhad Announces Resignation of Lim Kam Choy as Company Secretary

Ann Joo Resources Berhad Appoints Lim Li Heong as Joint Secretary

Ann Joo Resources Berhad (KLSE:ANNJOO) Looks Just Right With A 27% Price Jump

Ann Joo Resources Berhad Appoints Wong Mee Kiat as Joint Secretary

First quarter 2024 earnings released: RM0.027 loss per share (vs RM0.038 loss in 1Q 2023)

Price target increased by 28% to RM1.11

Ann Joo Resources Berhad, Annual General Meeting, Jun 25, 2024

Full year 2023 earnings released: RM0.004 loss per share (vs RM0.24 loss in FY 2022)

Third quarter 2023 earnings released: RM0.099 loss per share (vs RM0.24 loss in 3Q 2022)

Second quarter 2023 earnings released: EPS: RM0.001 (vs RM0.061 in 2Q 2022)

Ann Joo Resources Berhad Announces Resignation of LIM SIN SEONG as Non Independent and Non Executive Director

Ann Joo Resources Berhad Announces Resignation of Datuk Kamarudin Bin Md Ali as Independent and Non Executive Member of Audit Committee, Effective 31 May 2023

First quarter 2023 earnings released: RM0.037 loss per share (vs RM0.06 profit in 1Q 2022)

Ann Joo Resources Berhad Announces Appointment of Tan Sri Datuk Wira Dr. Hj. Mohd Shukor Bin Hj. Mahfar as Independent and Non Executive Member of Nomination Committee, Effective 31 May 2023

Price target increased by 16% to RM0.98

Full year 2022 earnings released: RM0.24 loss per share (vs RM0.45 profit in FY 2021)

Health Check: How Prudently Does Ann Joo Resources Berhad (KLSE:ANNJOO) Use Debt?

Third quarter 2022 earnings released: RM0.24 loss per share (vs RM0.13 profit in 3Q 2021)

Consensus forecasts updated

Insufficient new directors

Consensus EPS estimates increase by 24%

Ann Joo Resources Berhad Does Not Recommend Any Dividend for the Current Quarter Ended 30 June 2022

Second quarter 2022 earnings released: EPS: RM0.061 (vs RM0.15 in 2Q 2021)

Returns On Capital Signal Difficult Times Ahead For Ann Joo Resources Berhad (KLSE:ANNJOO)

Investor sentiment improved over the past week

Ann Joo Resources Berhad Announces Redesignation of Dato' Lim Kiam Lam from Executive Chairman to Non Executive Chairman, Effective July 1, 2022

Investor sentiment deteriorated over the past week

Consensus EPS estimates fall by 40%

Price target decreased to RM1.59

Shareholders Can Be Confident That Ann Joo Resources Berhad's (KLSE:ANNJOO) Earnings Are High Quality

Full year 2021 earnings: EPS and revenues miss analyst expectations

Insufficient new directors

Upcoming dividend of RM0.06 per share

Ann Joo Resources Berhad Announces Redesignation of Lim Aun Chuan from Executive Director (Previous Position) to Deputy Group Managing Director (New Position)

Full year 2021 earnings: EPS and revenues miss analyst expectations

Ann Joo Resources Berhad Announces Second Interim Dividend for the financial year ended 31 December 2021, Payment Date Is 27 May 2022

Is Ann Joo Resources Berhad (KLSE:ANNJOO) A Risky Investment?

Consensus forecasts updated

Third quarter 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Ann Joo Resources Berhad (KLSE:ANNJOO) Is Experiencing Growth In Returns On Capital

Upcoming dividend of RM0.06 per share

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS RM0.15 (vs RM0.10 loss in 2Q 2020)

Ann Joo Resources Berhad (KLSE:ANNJOO) Has A Somewhat Strained Balance Sheet

Ann Joo Resources Berhad (KLSE:ANNJOO) Is Experiencing Growth In Returns On Capital

An Intrinsic Calculation For Ann Joo Resources Berhad (KLSE:ANNJOO) Suggests It's 43% Undervalued

First quarter 2021 earnings released: EPS RM0.14 (vs RM0.057 loss in 1Q 2020)

Earnings Beat: Ann Joo Resources Berhad (KLSE:ANNJOO) Just Beat Analyst Forecasts, And Analysts Have Been Lifting Their Forecasts

Full year 2020 earnings released: RM0.18 loss per share (vs RM0.17 loss in FY 2019)

Would Ann Joo Resources Berhad (KLSE:ANNJOO) Be Better Off With Less Debt?

New 90-day high: RM1.81

Did You Participate In Any Of Ann Joo Resources Berhad's (KLSE:ANNJOO) Fantastic 177% Return ?

Ann Joo Resources Berhad Announces Resignation of Leong Oi Wah as Company Secretary

New 90-day high: RM1.43

New 90-day high: RM1.14

Is Ann Joo Resources Berhad (KLSE:ANNJOO) A Risky Investment?

Price target raised to RM0.68

Third quarter 2020 earnings released: RM0.035 loss per share

New 90-day high: RM0.73

New 90-day low: RM0.64

Ann Joo Resources Berhad(KLSE:ANNJOO) dropped from S&P Global BMI Index

Analysts lower EPS estimates to -RM0.18

First half earnings released

New 90-day low - RM0.66