Posted by yee9766 > 2017-04-19 10:40 | Report Abuse

https://blog.huskyintel.com

Posted by jayalbert > 2017-04-19 10:53 | Report Abuse

13 c now.. mai

Posted by armadatuah2017 > 2017-04-19 10:53 | Report Abuse

Not only in waste. The company had already discarded expansion of existing factory until appropriate ideal timing. their diversification in property sector is what that could result in future price soar despite existing business. Hopefully shares buyback could be successful, looking at the annoucement they made on 07 April 2017

Posted by jayalbert > 2017-04-19 10:57 | Report Abuse

reproducing STAR's writeup on 27/2/17 on JAG:

SHAH ALAM: After a tumultuous year in its financial year ended Dec 31, 2015 (FY15), Jag Bhd says that things are looking up again for FY17.
“We have turned the corner in FY16 and posted a turnaround in our bottom line. We reported a net profit of RM2.06mil compared with a net loss of RM19.79mil in FY15,” the company’s chairperson Datin Stacey Tan told StarBiz.
“The rise in copper prices in FY16, especially in the final quarter, has helped boost our performance.
“In the fourth quarter, we reported a net profit of RM2.4mil from a net loss of RM3.43mil in the same quarter of the previous year. We have had three consecutive quarters of profits,” Tan said.
Jag is an electronics-waste recycler that extracts and processes the ferrous, non-ferrous and precious metals that are contained within many electronic components today, and resells the secondary metals in the open market.
The company had also, at the end of last year, managed to secure new business supply contracts that would add to its overall e-waste volume when it comes into effect this year.
“These contracts will add an estimated 15% to our e-waste volume and it will mean more sales for us once it is realised.
“Almost all of our supplies are from the semiconductor industry, thus any growth in demand in the semiconductor industry would be of benefit to us,” Tan said.
“Our gross profit margin today is about 20%, while net profit margins at current prices are about 8%-10%,” Tan said.
From its low of US$4,331 per tonne recorded in January 2016, three-month rolling-forward copper prices on the London Metal Exchange had risen by some 35.28% to US$5,859 per tonne.

Posted by jeffrey1969 > 2017-04-19 11:12 | Report Abuse

will up to 15

Posted by bjgdila123 > 2017-04-19 11:15 | Report Abuse

0.50 oye

Posted by jayalbert > 2017-04-19 11:16 | Report Abuse

.50 no la, .15 more likely

Posted by armadatuah2017 > 2017-04-19 11:18 | Report Abuse

Huat oh!! But i won't sell till 0.16 despite having low ave.

Posted by jayalbert > 2017-04-19 11:18 | Report Abuse

@ahmad, ditto

Posted by jayalbert > 2017-04-19 11:19 | Report Abuse

those who bought at 10 c a few weeks back r damn lucky dudes!

Posted by armadatuah2017 > 2017-04-19 12:59 | Report Abuse

@jayalbert Ya, Difficult to get them though. Only managed to sapu some at 0.105 and mostly at 0.115 after queuing for a couple of days.
Today if can close steadily at 0.125, satisfied enough.

Posted by Tripaka > 2017-04-19 13:02 | Report Abuse

Next quarter results...yummy. Money from their waste stockpile. :)

Posted by armadatuah2017 > 2017-04-19 13:55 | Report Abuse

Yaya. Ditch Armada for this company. Hopefully investment isn't wrong

Posted by armadatuah2017 > 2017-04-19 14:13 | Report Abuse

It is possible to reach 0.25 but in my opinion, only when property business starts kicking in

Posted by conair99 > 2017-04-19 15:55 | Report Abuse

LOoking good

Posted by Calum Fire > 2017-04-19 16:26 | Report Abuse

0.130 still can buy?

Posted by nekosan > 2017-04-19 16:27 | Report Abuse

game just started.

Posted by Octopus > 2017-04-19 16:34 | Report Abuse

next resistance is 0.15, jag is on the way going to move uptrend again

Posted by Erie > 2017-04-19 16:39 | Report Abuse

Finallyyy it move with nice volume

Posted by jayalbert > 2017-04-19 16:41 | Report Abuse

way to go!.. as predicted & expected.. more to come..

Posted by bjgdila123 > 2017-04-19 17:07 | Report Abuse

0.20 mari

Posted by Tripaka > 2017-04-19 17:29 | Report Abuse

Hopefully can move up slowly..... if not, flash in pan.

Posted by armadatuah2017 > 2017-04-19 18:30 | Report Abuse

Hopefully this week, we could see continuous buying volumes at 0.130.
Need to spot bomoh kings prior soaring high... else, the share shall be hold till property kicks in late quarter

Posted by Striker90 > 2017-04-20 08:18 | Report Abuse

Hammer formed last night, top up if trade above hammer today.
Cheers

Posted by Striker90 > 2017-04-20 08:48 | Report Abuse

http://www.investopedia.com/terms/h/hammer.asp

Posted by Striker90 > 2017-04-20 08:48 | Report Abuse

sorry for the wrong info above, halfway learning

Posted by Tripaka > 2017-04-20 09:18 | Report Abuse

Hopefully 13.5 would the stabiising level. Lots of investors parked here during last run...

Posted by armadatuah2017 > 2017-04-20 09:50 | Report Abuse

Insufficient support yet formed at 0.125-0.130. Today, selling mode.
By Friday, it might not hold@0.130 if this persists.
It will fly high when RSI is above 80. I'm not expecting high rise this week except that hoping for strength at 0.120

Posted by Tripaka > 2017-04-20 09:53 | Report Abuse

Got to absorb more shares from the impatient ones...

Posted by armadatuah2017 > 2017-04-20 12:06 | Report Abuse

Many trapped at 0.135 because Dato's 26 mil shares were absorbed and the price had crashed since then.

Posted by Tripaka > 2017-04-20 12:37 | Report Abuse

Yes. Absorbing the shares daily is much better than spiking sharply.

Posted by Vanguard168 > 2017-04-21 10:59 | Report Abuse

Breaking 0.20 anytime soon!

Posted by armadatuah2017 > 2017-04-21 12:32 | Report Abuse

@Vanguard168 STFU la, sohai

Posted by Vanguard168 > 2017-04-21 13:22 | Report Abuse

@armadatuah, why? the comment affecting u?

Posted by Tripaka > 2017-04-21 13:49 | Report Abuse

Relax bro....push...hold, push stay, is good. Those want to contra difficult to gain profit..

Posted by armadatuah2017 > 2017-04-21 14:08 | Report Abuse

Today shares are still being absorbed. 0.125 - 0.130 for this week.

Posted by Rayz John > 2017-04-21 19:00 | Report Abuse

This weekend 3 days holiday...so next week possible to touch 0.20 amin...

Posted by armadatuah2017 > 2017-04-21 23:05 | Report Abuse

0.20 is ridiculous talk la. Boleh lepas resistance 0.145 & 0.155 dah cukup cantik

Posted by Tripaka > 2017-04-22 09:39 | Report Abuse

http://www.thestar.com.my/metro/community/2017/04/22/ewaste-harming-the-environment-malaysia-still-far-behind-in-proper-disposal-of-mobile-gadgets-and-ot/

Posted by Tripaka > 2017-04-22 09:41 | Report Abuse

Plenty of e waste.....business of the future, if executed and planned properly..

Posted by Striker90 > 2017-04-22 18:19 | Report Abuse

Exactly, perhap gov should give subsidise to those Recycling company.

Posted by Erie > 2017-04-22 19:08 | Report Abuse

If Q1 2017 show more profit..0.20 is not impossible..

Posted by Rayz John > 2017-04-23 11:53 | Report Abuse

JAG berhad is Malaysia government total waste industry..

Posted by Syah Mi > 2017-04-25 16:54 | Report Abuse

Who's taking the private placement?

Posted by Striker90 > 2017-04-26 10:02 | Report Abuse

Speculation about President Donald Trump’s proposed tax cuts is expanding the wedge between the precious and industrial metals.

Gold futures posted their biggest two-day loss in seven weeks amid optimism that a possible plan to cut the U.S. corporate tax rate to 15 percent from 35 percent will boost company earnings. An improving outlook for the U.S. economy is also bolstering the demand prospects for industrial metals used in iPhones, refrigerators and electrical wiring. The 120-day inverse correlation between gold and copper is at the biggest since 2003.



Bullion rallied this year, helped in part by delays in Trump’s pro-growth agenda, tensions between the U.S. and North Korea, and political uncertainties in Europe. With Trump’s team preparing to lay out the details of the tax plan, Goldman Sachs Group Inc. expects the gold sell-off to continue over the near-term as borrowing costs rise and U.S. and global growth looks solid.

“Reports that Trump would propose a sharper-than-expected corporate tax cut have helped to boost U.S. stock prices, which may be helping copper” and curbing gold’s appeal, Tai Wong, a director of commodity products trading at BMO Capital Markets, said in an email.

Gold futures for June delivery declined 0.8 percent to settle at $1,267.20 an ounce at 1:41 p.m. on the Comex in New York, taking this week’s losses to 1.7 percent, the biggest two day slump for a most-active contract since March 3.

Bullion’s fall has also helped spur a sell-off in producers of the metal. A gauge of 15 big global gold miners tracked by Bloomberg Intelligence fell 3.5 percent, poised for the biggest decline since Dec. 15. Barrick Gold Corp., the world’s largest bullion producer, led declines among miners, slumping 10 percent after missing estimates on earnings and production.

Copper futures for July delivery gained 1 percent to $2.591 a pound on the Comex, after touching $2.5985, the highest in a week.

Lowered Forecast

The industrial metal used in wiring and pipes also rose after Freeport-McMoRan Inc., the world’s largest publicly-traded copper producer, lowered its sales forecast for the metal to 3.9 billion pounds, from 4.1 billion pounds, following more than three months of disruptions at the Grasberg mine in Indonesia.

“Supply-side stories have been influencing the short term copper price movement more than the demand side for a while,” Richard Fu, the London-based head of Asia-Pacific at Amalgamated Metal Trading Ltd. “As a barometer of the global economy, copper prices should be supported as the economy improves.”

Posted by armadatuah2017 > 2017-04-26 13:18 | Report Abuse

Look at the buying volumes@0.130. 97% for today.

Posted by Striker90 > 2017-04-26 14:09 | Report Abuse

SYDNEY, April 26 London copper held near its highest in a week on Wednesday as the U.S. dollar lost ground against the euro in the wake of the French election, making commodities more affordable for buyers paying with other currencies. FUNDAMENTALS * LME COPPER: London Metal Exchange copper edged up by 0.2 percent to $5,717 a tonne by 0128 GMT, adding to a 0.9 percent gain from the previous session. LME copper prices on Tuesday hit a one week top at $5,722 a tonne, recovering from near three-month lows hit on April 19. * SHFE COPPER: Shanghai Futures Exchange copper climbed 1 percent to 46,350 yuan ($6,735) a tonne. * The euro edged up after hitting a 5-1/2 month high on Tuesday as traders digested centrist candidate Emmanuel Macron's victory in the first round of France's presidential election on Sunday. * U.S. ECONOMY: U.S. consumer confidence fell from a more than 16-year high in April, but a surge in new home sales to an eight-month high last month suggested underlying strength in the economy despite an apparent sharp slowdown in growth in the first quarter. * BHP RESULTS: BHP Billiton, cut its full-year production guidance for coking coal and copper on Wednesday due to bad weather at mines in Australia and industrial action in Chile. Copper guidance was cut by 17 percent to a range of 1.33 million to 1.36 million tonnes.

Posted by Tripaka > 2017-04-26 17:08 | Report Abuse

Keep absorbing........

Posted by Striker90 > 2017-04-27 07:35 | Report Abuse

The biggest copper producers are sounding the alarm on mounting supply troubles.

BHP Billiton lowered its estimates on Wednesday for full-year output by as much as 18 per cent. Freeport-McMoRan on Tuesday slashed its estimate for 2017 sales by 200 million pounds (90,718 tonnes), adding to what Citigroup described as "structural tailwinds" that support its outlook for higher prices. Teck Resources said output fell 22 per cent in the first quarter, while Rio Tinto Group last week pared its guidance for this year.

"It's a fascinating market and I actually think it's a big story because the price hasn't reacted so strongly, all things considered," Dane Davis, an analyst at Barclays in New York, said in a telephone interview. "The big theme in the first quarter was supply disruption, and I think the key theme in the second quarter is going to be on demand - Chinese demand."

Copper has gained 3.2 per cent in London this year, compared with 16 per cent for aluminium, even after the six-week strike at BHP's Escondida mine, labour and weather interruptions in Peru and Indonesian government restrictions on shipments from Freeport's Grasberg site curtailed supply.

The metal gained as much as 0.6 per cent before settling 0.2 per cent higher at $US5715 a tonne ($US2.59 a pound) on the London Metal Exchange on Wednesday. Citigroup analysts including David Wilson said prices should trade toward $US2.67 by the end of May, while the World Bank raised its 2017 price forecast to $US5750, from $US5400 in January.

The supply of concentrates will continue to tighten through the rest of the year, as production growth from Peru slows, Citigroup analysts wrote this month. The fees miners pay processors to refine the metal have fallen this year, signalling limited availability of concentrates, the bank said. It estimates disruptions cut global output by 385,000 tonnes this year.

Warnings from Freeport compound supply concerns at a time when inventories of copper and aluminum tracked by the LME are already shrinking and global economic growth may pick up. The International Monetary Fund raised its forecast for global growth to 3.5 per cent this year, up 0.1 percentage point from January, the Washington-based fund said in its latest World Economic Outlook.

"It's been a difficult year," Freeport chief executive officer Richard Adkerson said on the earnings call this week, referring to issues the company faced that resulted in the suspension of exports from Grasberg in Indonesia.

BHP, which controls Escondida, the biggest copper mine, said full-year output from the site will be as much as 27 per cent lower than expected as a result of the strike. Escondida guidance was cut to between 780,000 tonnes and 800,000 tonnes from an earlier estimate of 1.07 million tonnes, the Melbourne-based producer said in a statement. Projects to construct a desalination plant and make improvements to a processing facility will be delayed, it said.

Producers paint an even more bullish longer-term picture.

At a conference earlier this month, Teck CEO Don Lindsay said years of low prices have cut off the investment pipeline. The equivalent of five new Escondidas are needed by 2025 to avoid the market going into deficit at a time suppliers face funding challenges.

"The new greenfield projects are particularly scarce and so we have a looming significant deficit in this business and the question is the timing for that deficit, which will be dependent on events in China and the global marketplace," Freeport's Adkerson said.

Posted by Striker90 > 2017-04-27 07:36 | Report Abuse

Citigroup analysts including David Wilson said prices should trade toward $US2.67 by the end of May, while the World Bank raised its 2017 price forecast to $US5750, from $US5400 in January