from what I read is they IMPAIRED their property development project. Means... they may already give up the project in the first land. and not so called balance write off.
I agreed the company is meant for short term trade due to his share price is so low, 1 bit can hit 10%... but they got balance of inventory around 50mil.. I believe they still got a lot of good things inside their stock... meaning to say... if the gold price or other commodity price is in uptrend, they can easily convert the inventory to profit in 2020... there is always a trend when share market down, commodities price will up.. so, may keep an eye on this.. hopefully my guess is right
Yes, agreed. Total loss for year 2019 is 11million.And this is included 12million impairment loss and stock written off and depreciation of rou. The ACRA project is ceased and focus on core business. Need to monitor next qr, and the picture will more clearer
Company share buy back a lot recently and none of the director selling their shares. Please hold tight and I believe Jag will go back to 10 cents immediately by end of the may (Qreport 1000%)
Sleeping and flat at 0.06 for a week and you tell me JAG is bullish. 0.005 also can't hold on, just don't understand what is the meaning of bullish ? !
Why should we bother about JAG Capital as they are not listed in Bursa. They just exist as a major share holders in KUB. What so great about KUB ? P/E :9, NTA: 0.61 and ROE 6 %. Giving 1 sen dividend in July. Will up unless you goreng it kawkaw.
JAG preciously was closed at the first day of its IPO at 0.37. Now only 0.06, how pitiful about those grabbed at this price at that time. So,if this counter has the power of moving upward. It can hit as high as 0.30. Just don know what the shit the bosses are doing during these 2 years without any improvement with zero dividend.
The profit before tax add fair value loss 1.622m will become 3.21m profit for first quarter. Jag is essential business continue operating in MCO period. This stock is recover and look forward for the next qr and believe that sure better performance while compared to correspondence quarter.
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....
Ivan89
1,479 posts
Posted by Ivan89 > 2020-02-26 09:24 | Report Abuse
Please read carefully. Where got balance write off of investment property