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What is the unrealised losses on their remaining shareholdings of 50m shares based on current price of ~ 13 Sen :-| Why is a manufacturing company dabbling in shares ?
Ajiya throwing money into Artroniq and losing so much on those shares is honestly just a massive headache for shareholders who expect them to focus on their actual metal roofing business instead of gambling on penny stocks.
Ajiya Berhad is showing a stable but quiet short-term trend, with prices moving sideways. There is currently no strong momentum, but improvements in the construction or property sector could spark upward movement. For now, it's best to stay cautious and watch for clearer signals.