Based on the latest pp price(12c) , value added from bonus (1c) n free war (1c), I dun think the PP subscriber will exit at 13c b4 the expiry date of the said exercise. As such, 13.5c is a formidable support level.
Since TG is touching on the ta to which I regard as a manipulative tools by sharks n hate to apply them, i conduct a verification on it n found rsi/stochchastic/MAcd r at neutral zones but ichimoku cloud/BB/DMI/SMA golden crosses are still positive. Based on the TA, i would hv entered trade at 14c level.
Last QR showed RM6,777,000 increased in inventory. With the copper price surged since July 2017, value of the inventory had been significantly increased. Note that they had booked the inventory cost in Q2 at RM2,735,000 (see changes in inventories of finished goods & WIP) ....
Revenue & EPS have no choice but rocket in Q3 ... wait for the show la
The syndicate won't push the share down due to jag is earning company if push it down we should be happy at all becos we all can buy cheap cheap company
Well, I'm waiting, I will pump in cash if drop to my expected price. ALL IN at that time. Let's see what is the croc doing. At the end, price up i also win, drop also win. Having a good strategy in trading, no matter how will still win.
There is only one way the croc can win, that is shooting up suddenly to top, and showing that JAG is strong enough, attracting more investors to invest in it as the JAG's business having good prospect and good fundamentals. The demand of copper will be more as the car market transforming into electric vehicles too. Targeting long term above Rm1.00 for JAG comparing to other recycling firm KLSE: TEXCYCL. It is surprised that the profits of JAG is almost the same to TEXCYCL, but the share price of JAG is still below Rm0.500. Comparing the market capital of JAG to TEXCYCL, JAG having (Market Cap: Rm177Millions) with price Rm0.140, while TEXCYCL having (Market Cap: Rm200+Millions) with current price Rm0.89 after bonus issue. If the share price of JAG above Rm1.00 in the future, how much the market capital of JAG will be?
Ya, Jag to absorb selling down, the more the merrier, today n rebound strongly by tomorrow the latest. The rebound will be seen earlier if selling down vol exceeds 24m.
Can anyone explain the bonus entitlement? Free 1 share and 2 warrants for existing 13lots share? Does that mean of those buy warrant only (no buy mothershare), the warrant will be diluted (lose money?)..Thanks
1 BONUS SHARE FOR EVERY 13 EXISTING JAG SHARES HELD AS AT 5.00 P.M. ON 14 NOVEMBER 2017 2) ISSUANCE OF UP TO 246,728,316 WARRANTS ("WARRANTS 2017/2020") ON THE BASIS OF 2 WARRANTS 2017/2020 FOR EVERY 13 EXISTING ORDINARY SHARES IN JAG BERHAD ("JAG") ("JAG SHARES") HELD AT 5.00 P.M. ON 14 NOVEMBER 2017 ("FREE WARRANTS ISSUE"). Kindly be advised of the following : 1) The above Company?s securities will be traded and quoted ?Ex-Bonus Issue? as from: 10 Nov 2017 2) The last date of lodgment : 14 Nov 2017
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....
muhdnur87
17 posts
Posted by muhdnur87 > 2017-11-03 13:44 | Report Abuse
Come on guyz..daily n monthly price play nicely above sma200..just wait for weekly to do the same..then perfectly cook