Like watching paint dry.

No div announcement. If it rolls six quarters of profit and yet the share holders get nothing then what good does it give to the loyal precons shareholders?
Sold off mine yesterday. Today might go back in if the price falls below 30sen. Or might not. This counter not worth losing sleep over.

Lol. this syndicate is very predictable. Time to sell guys.. and wait to recollect at the 32sen level!

Yup. Whatever it is I am going to hold on to my shares, at least after the QR release.

Something seems to be brewing..

I agree with Joey 9696. Many syndicated moves have tried amd failed. Just be patient and accumulate. I managed to get in early at 17sen previously and can't wait for another dip. Anything below 20sen is fantastic.

Mr Ng sold 26.5m shares on 18 Jan. QR is late. Quarterly trend is loss on the back of falling revenue. Something amiss is an understatement. Use comminsense and cut your losses. Run. You have been warned.

Having said that, Mr Ng still has 12% stake after the 10mil share selloff. There may be a bit more selling to be done.

Selloff perhaps because of change in management.
New management coming in with new biz
New QR may not be stellar but at this price the counter is a good opportunity for CNY and beyond.

Their QR has been good for a year now. Not much changed. It is not panic selling. It's commonsense.

All this syndicate play is too predictable.

Accumulating as price falling? Till when? 16sen??
Monday going to be worse. Stay at the sidelines, let the downside subside. Pre-consolidation nvestors at 6 sen already cashed out. Now we watch it fall before jumping back in.

this lame counter only spike on syndicate moves. Q up >20k lot pattern very predictable.
Investors entered at 17 sen now can cash in

lame. as usual.

The resistance will be at 28, 30 and 32sen. Break them and we'll have a jolly Jag run.

Nope. Did not happen.

Spot on. Longkang.

The impending dividend and an expected good QR later in the month should see this counter being one of the many companies emerging handsomely post-covid. Accumulation is a no brainer.

Ah. A new play.

It is a slow burner, anyone who bought in at 24 - 32 sen needs a lot of strength to hold on. Consolidation stocks like Vivocom and DGB are bouncing about but this counter seems rooted to the ground. With placement price of 12 and 14 sen, collecting at 21 sen does seem a bit foolish at this point, no?
17 sen should be attractive though. Let's just wait lah.

oasischeah Maybe that someone was referring to this article. The previous payout was 9.9sen.

https://www.thestar.com.my/business/business-news/2020/08/03/quick-take-naim-rises-22-on-dividend-plan

KUALA LUMPUR: Shares in Naim Holdings Bhd rose in early trade following its plan to use RM90mil from land sale as dividend.

The property developer rose 2.27%, or two sen to 90 sen, its highest in two weeks, with 1.86 million shares done.

The group intends to utilise RM90mil of the proceeds from the sale of industrial land in Bintulu for cash dividend payout to its shareholders.

This translates into a dividend per share of about 18 sen based on the company’s 500.74 million shares in issue (net of 13.06 million treasury shares).

Naim said the cash dividend is to reward shareholders for their investment and continued

Running four quarters with profits but yet to declare any dividend. Curious to see if the unimpressive numbers yield anything tomorrow. Why did the PP done on a discount? Sheesh

Flimsy movement seemingly concocted to trap new money anticipating QR. Let's see how it pans out tomorrow.

The average volume is similar to a previous play last month. Not really convinced of a genuine breakout. The QR is late. Once bitten twice shy, say many pre-consolidation investors.

PP without QR should see the share price tumble tomorrow. Shorting opportunity beckons.

Previous QR was good but the price did not match up. No point waiting for the next QR.. This is not the kind of counter. If you can wait long like the pre-consolidation price investors then you belong here, or else there are a lot better plays elsewhere.

OTHERS KUALA LUMPUR HIGH COURT CIVIL SUIT NO: WA-22C-108-11/2020
NAIM HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
KUALA LUMPUR HIGH COURT CIVIL SUIT NO: WA-22C-108-11/2020
The Company wishes to announce that its wholly-owned subsidiary, Naim Engineering Sdn. Bhd. (“NESB”) has received a Writ of Summons dated 9 November 2020 together with a Statement of Claim dated 6 November 2020 from Isogress Construction Sdn. Bhd. (“Plaintiff”).



The Plaintiff is claiming for the following from NESB in relation to the Projek Mass

Rapid Transit Lembah Kelang: Jajaran Sungai Buloh-Kajang for S4 and S2 package works.:-

(a) Damages and/or compensation in the sum of RM32,934,735.59;

(b) In the alternative, damages and/or compensation in the sum of RM29,595,406.32;

(c) Cost of engaging an independent quantum expert in the sum of RM237,360.50 and/or the continuous costs until the completion of the present Suit;

(d) As an alternative to the relief in paragraphs (a), (b) and/or (c), any other sum in damages or compensation adjudged or assessed by the Honourable Court;

(e) Interest on any award of damages and/or compensation awarded to the Plaintiff by the Honourable Court at the rate of 5% per annum calculated from 1.12.2014 until full payment of the said damages/compensation;

(f) As an alternative to the relief claimed in paragraph (e), interest on any award of damages and/or compensation awarded to the Plaintiff by the Honourable Court at such rates and for such periods deemed fit by the Honourable Court;

(g) Costs; and

(h) Such further and other relief deemed fit or appropriate by the Honourable Court.



The Company has instructed its solicitors to vigorously contest the claim. The Company notes that the Plaintiff had on 25 April 2017 issued three (3) separate Payment Claim, totalling RM29,595,135.55, under the Construction Industry Payment and Adjudication Act 2012 against NESB; the subject matter of which is similar to that as contained in the Statement of Claim. The Plaintiff failed to and/or did not pursue the matter then after NESB responded with its Payment Response dated 11 May 2017.



The Company will make the relevant announcements on the development of the above matter in due course.



Dated this 16th day of November, 2020

KUALA LUMPUR: Sabah dan Sarawak akan menerima peruntukan perbelanjaan pembangunan masing-masing sebanyak RM5.1 bilion dan RM4.5 bilion untuk tahun 2021, kata Menteri Kewangan Tengku Dato’ Sri Zafrul Tengku Abdul Aziz.

Peruntukan itu antaranya untuk membina dan menaik taraf infrastruktur air, elektrik dan jalan raya,

kemudahan kesihatan dan pendidikan, katanya semasa membentangkan Belanjawan Negara 2021 di Dewan Rakyat di sini Jumaat.

Not sure if investors have factored in the next dividend (of 8.1 sen). Holding till next quarter seem to make sense.

Anyone who has been here since pre-consolidation will realize that 19sen is still dirt cheap price equivalent to 4.75sen pre consolidation price. Many bought in around 24 - 32 sen range so this is a fantastic opportunity for cost averaging.
Keep holding on to our shares and hopefully it can fly tomorrow!

https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/copper-supply-faces-struggle-to-keep-up-with-growing-demand-60471925

Higher copper prices may be a boon to some, but perhaps a bane to Metrod.

Nice.

I am just curious on how timely this development unfolds to coincide with the private placement exercise.

At last, a breakthrough albeit a 'goreng' one.

Watching paint dry.
Watching the kettle boil.
Watching Eduspec inch up a Sen.

The news of the proposed private placement exercise seem to be diluting the shareholders' value further. The price recovery now seem to stop abruptly; there were no follow through buying at 16½sen in the morning session. The drift back south seems inevitable. Time to unload and wait on the sidelines.

Long suffering Eduspec shareholders are not addressing the elephant in the room. Look at the 2020 Annual Report more closely and one may understand why.

As an online education provider, the Covid-19 pandemic should have been a blessing as education institutions are resorting to online learning as the only viable alternative.

Yet, here we are wondering how the stock price had shrunk 50% in a blink of an eye.

The management has to own up for this massive error of judgement.

Thank you 东方不败 for the analysis. There may be some truth into it but it is not possible to accept it totally as the analysis missed out on Lagenda which is doing ok post-consolidation.

Secondly, Vivocom seems slightly different compared to NetX and Eduspec in terms of profitability and performance. Eduspec 2:1 capital reduction was bizarre as it did not alter the price as much, nor did it manage to raise the stock profile. On top of that they just went through a bonus issue of 2:1 that really implied that the management made a grave error in judgement.

With Vivocom I believe that the consolidation is a logical step to reel in long term value investors.

As with Jag, there are promising signs that the tide is turning. We know that the bottom range is 12sen but the recent resilience shown by the counter seems to shed light that the worse might be over.

Filing showed Mr Lee Seng Thye disposed 3,155,200 this week and the market absorbed it very well. Perhaps the bottom has passed. Let's see if we can ride this out!

Another fantastic performance today. The rebound at 15½sen in the afternoon session seemed to show that investors have faith in the stock. With the next QR looming in a month, this is perfect timing to start accumulating. Go Jag go!

7 sen and preassing down. Fantastic. Will not be surprised if it touches 5½ sen by today.

Great turnaround today. Looking forward to tomorrow.

Wow. 60sen today. Excellent dividend attracting new investors!

Closing today is 16 sen and it appears that it is an opportune time to average down. As I said earlier, the bottom may be 12 sen but if we were to take a long-term view we will arrive at tge conclusion that JAG deserves their chance. Looking forward to next QR.

donald770 I don't think an immediate spike is going to happen although technically it is still plausible. I estimate that the corporate action will need to be taken before 27 October.
One wonders why the warrants are left to expire without any suggestion to extend its tenure. Some may want to over analyze but I am just buying into JAG as it is showing resilience in these challenging times. Sure, some have been left burnt post-consolidation but the worse seems to have past. Let's just accumulate and see how this pans out.

Keep calm and... err.. Karyon

Still room before bottoming up. December 2019 private placement seemed set at 12sen. Will wait.

GemenchehLawyer I stand by my calculation. There are many other grossly undervalued counters in Bursa and JAG is one of them. In fact, I believe I have found the underlying factor behind the lame pricing of this company - suffice to say we all need to be patient and quietly accummulate. This is a great company to hold a long position; the financials are neat and the valuations are low. Just lower your cost average and slowly but surely the fundamentals will see us through.

Perhaps BabyAce u can be kind enough to show us what is the right calculation and we can all laugh together?

With what is happening around in the market, you have Marco that is resilient and inspiring. I have bought in and I am making it one for keeps. No portfolio is complete without Marco!