well all above will be the basic fundamental of JAG, bear in mind that the Bubblelab 24 hours laundry service business is doing well and growing which able to support the revenue and profit well as this income is pretty fixed and stable , only growth by branches
and personally I'm support the view of diversify into developer sector of JAG by q3 this year, as the property market expected to resume back demand on second half this year
Morning Kahsoon, you guys gonna keep the record well on directors/subholder disposing or acquire.. generally my trace went back to 2016 whole year, both Dato Ng Meow Guak and Ng Aik Kee actually accumulating the mother at price around 0.1 to 0.105, total up near 60Millions shares
Overall, the volume they acquiring is higher than disposing so still can consider an accumulating mode, while the most recent announcement is actually share swab bet the directors
In a good practice, we shouldnt see such a big movement on the shares activity by those directors.. but in another way, we gonna follow well their shares trading mode to understand more on what they actually doing
A strong gap up yesterday for the mother which nvr happened before for the pass one year, stand firm at 0.12.. Looking forward for the continue rally today
Price is stabilise at 0.120-0.125 with high blockage queue. Probably due to shares buy-back and for long run, good for us as there's fundamental good base price for this share. Go Go Datin Magic
It looks like tomorrow price will stagger around 0.115-0.120. Huge queue blocking before uptrends continue. They need to acquire more before goreng lagi.
Target price RM0.140, RM0.155 Last closing price RM0.125 Potential return 12.0%, 24.0% Support RM0.115 Stop loss RM0.105 Possible for further upside. Breaking out of sideway channel, JAG’s share price showed a first sign of recovery from recent retracement. Both bullish RSI and MACD indicators currently signal reasonable entry level, with anticipation of continuous improvement in both momentum and trend in near term to lift price higher to the next resistance levels of RM0.140 and RM0.155.
However, failure to hold at support level of RM0.115 may indicate weakness in the share price and hence, a cut-loss signal.
For sure there is pressing of price, but market is unpredictable nowadays.. with the positive earning and continue growth for the past and coming quarters... this stock definitely gonna fly like others
Washington (Platts)--11 Apr 2017 546 pm EDT/2146 GMT
S&P Global Ratings has raised its 2017-2018 forecasts for copper and aluminum due to production curtailments, steady industrial demand and continued Chinese growth seen so far this year.
S&P Ratings analysts now expect aluminum to average $1,800/mt for the rest of 2017 and $1,800 in 2018 compared with $1,650 and $1,650, respectively.
Copper is expected to average $5,500 for the rest of 2017 and $5,500 for 2018, compared with earlier forecasts of $5,070 and $5,290, respectively. "Steady gains in aluminum, copper, and iron ore prices that started in late 2016 have continued for the most part," S&P Ratings analysts noted in a report released last Monday.
"In our view, this reflects a combination of improved supply conditions, notably production curtailment in China and strikes in Chile, amid steady growth in industrial demand," they said.
"Despite market concerns related to a slowing Chinese economy, we believe consumption will increase to an extent that should support currently favorable commodity prices generally in line with our assumptions."
Significant sign of growing copper demand especially in Msia due to aggressive expand of the Semi Conductor sectors as we can look hint from recent news of local producers
While copper price is at the adjustment period, but strongly believed it would resume uptrend due to stronger demand and pkssible strike issue or hangover effect will continue drag the normal /growth of copper mine production
it is already coming. I hope the bull doesn't come so early. Steady growth is healthier. I'm still waiting for shares buy back and their substantial shareholders' action to goreng.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ilovehits
3,955 posts
Posted by ilovehits > 2017-04-08 11:12 | Report Abuse
I want to buy JAG at 0.10.