Conman lai liao, after the 89.46mil private placement at 0.1402. Just listed on last Friday. Before listing also didn't make announcement. Many conman camouflage as wise investors & provide good & sound write ups with colourful chartings & graphs.
Just play along & don't take it as long term stock. Conman wants your $$, not your shares.
Just my view.... Technical looks good... Price now above MA200... Macd weekly will cross soon.. today volume is high... i think this is real breakout...
This is purely my analysis for JAG, welcome to share within your groups.
1) Just complete share consolidation 1:4 on 24/8, at price RM 0.235, start consolidate to hit a based price RM 0.16 for 3 month already. 2) Can go in Tuesday before Jag goes to RM0.36 n higher 3) Last Friday just announced Private Placement has been completed. Banker no longer need to press down the price, which we can see the price start moving up from based RM 0.16 to RM 0.20.
a. Current price is just second weeks of push up from based RM 0.16. b. 1st week start push up on Monday and Wednesday, and correction two day. c. 2nd week push up on Monday again and correction 4 day then rebounded strongly on Friday. d. 3rd week this week have break RM 0.21 strongly and and close at RM 0.23 today. It’s expected to continue push even higher before result. As company is very positive with financial performance due to commodity prices that went new high recently.
It will happen, a matter of when and not
4) TP RM 0.50 end Dec 5) JAG definitely NOT a Pump & Dump play - owner and private placement owner will hold, no Shares to sell also. 6) JAG for now a Pure recovery stock and just gaining momentum stocks with very little shares in the market.
Next resistance 0.24 n 0.25... it is normal if price down a bit tomorrow... But if price can maintain above 0.22 is good sign to test 0.24... just my view... Follor your trading plan...
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.
Posted by bahai4453 > Nov 25, 2020 6:48 PM | Report Abuse
Next week 2.00 ! GETS lost money for 6 years still can make up to 3.00 ++. If JAG made 3 millions. Now JAG announce to do RE. 2.00 ++ is not a problem....lol. . apsal tkde 3.00 terus
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
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