Posted by ceelo87 > 2021-06-10 15:37 | Report Abuse

HE HE... weak holders selling, but can notice buying volume is good.. I believe it's time

Posted by DepecheM > 2021-06-11 05:29 | Report Abuse

Following steel stocks movement

Posted by mokluhanj21 > 2021-06-11 09:41 | Report Abuse

double bottom formed. and its 36% cheaper than top. time to accummulate hehe :P

Posted by DepecheM > 2021-06-11 14:17 | Report Abuse

Copper price rebounded... trading higher now...Jag should rebound and move higher too

Posted by chuatuanboo > 2021-06-12 02:57 | Report Abuse

Anybody know if the company is allowed to operate during this FMCO ?

Posted by dchin472 > 2021-06-12 05:11 | Report Abuse

Don’t confuse people with tp their share increase 30% so their pe afterward at the current price alrd nearly 20fpe, unless u got very trustable their future earning will increase

Posted by Superb99 > 2021-06-12 07:38 | Report Abuse

Impossible pp at 50 cents, don't dream la, I never see pp higher than current market price, please share if someone knows any

Posted by cassvic > 2021-06-12 12:24 | Report Abuse

I passer by the factory just now, but unable to determine if they operate ( which I think so ) will revert on Monday

Posted by stockraiders > 2021-06-12 15:56 | Report Abuse

The price seemed to be moving along the lower ascending trendline of the symmetrical triangle pattern for the past 3 days. Lets see whether there is a rebound on the cards. Otherwise, a breakdown from this lower trendline marks the start of a new bearish trend.

Posted by 47vestor > 2021-06-13 16:16 | Report Abuse

how to go up , still tied to pp. dont hope much la for pp counter who arent announced yet.

Posted by mokluhanj21 > 2021-06-13 23:26 | Report Abuse

simple analysis on the coming PP:

They require around min RM52 mil in new capital for the following good reasons:
1. RM12 mil to reduce loans from current RM27.9mil to RM15.9 mil (good capital mgmt here)
2. RM4.4 mil in PPE capex ( we love company that keeps investing)
3. RM36 mil in Working Cap

The issue is what is the final dilution effect to existing shareholders based on the max case of 30% new shares (ie 161mil new PP shares) at max 20% discount to price..


now the only risk is that if the share price keeps dropping gao2 before the price fixing date, due to softening copper price. then to raise the same min ~RM52 million, they will need to issue more or they may have to say no to one of the 3 major proposed utilisations.

However, if the price keeps softening, they may have to delay because their approvals is at max new shares of only 161 mil new shares.

Assuming la price go down to 24 sen, i dont think it makes sense to raise total RM52 mil. the Board may have to prioritise what is most important use of capital...

let's see.

simple analysis shows that if they issue 161mil shares at 10% discount= effect on Theoretical Ex is: price will drop by 2.3% and if at 20% discount= drop by 4.6%

(But yes, I dont like la super crazy 30% additional shares at max 20% discount PP. who they wanna give to? auntie uncle issit? unless they can secure the major institutional by using the " I am Green Company")

Posted by Superb99 > 2021-06-14 11:07 | Report Abuse

from the way the company is performing so far, looks like it intends to grow further and not like other penny counters like Fintec, focus, xox...that only want to con money so let's wait and see...the company choose to do PP rather than borrowing from bank as it can help to save interest cost and lower down the liability, in short term, seems like not good to existing shareholders like us but in long run should be good if the company can make use of the PP for good reasons

Posted by Superb99 > 2021-06-14 11:09 | Report Abuse

in short term, i think not easy to go back above 40 cents thus if not comfortable with the PP then just stay away from it

Posted by ceelo87 > 2021-06-15 09:12 | Report Abuse

Discount... buy again!

Posted by lcng123 > 2021-06-16 10:10 | Report Abuse

I just checked JAG QR as at 31-Dec-2020 (2020 Q4), trade payable stood at RM8.993mil, but in latest QR as at 31-Mar-2021 (2021 Q1), the trade payable in 31-Dec-2020 column show RM16.635mil, what a big different with RM7.642mil

Posted by cassvic > 2021-06-16 20:53 | Report Abuse

Maybe due to higher price for scrap metals or the newly purchased warehouse

Posted by mokluhanj21 > 2021-06-17 09:06 | Report Abuse

aiyo. i have significant amount of my portfolio in JAG. suddely that Powell say they wanna expedite the tapering earlier than original. how ah? everyone selling la like this. aiyo :(

Posted by Superb99 > 2021-06-17 11:15 | Report Abuse

sold half d, this counter is dead at the moment, take some time to revive...and not sure how severe is the impact once pp price is announced...too many uncertainties...somehow the price was goreng 1 day then announced pp...damx fishy

Posted by DepecheM > 2021-06-17 20:27 | Report Abuse

Copper price weakened

Posted by mhanaS > 2021-06-17 23:02 | Report Abuse

Yes it seems that the PPs have been used time and again to shortchange loyal shareholders. Not my favourite anymore.

Posted by mokluhanj21 > 2021-06-17 23:26 | Report Abuse

the move in Copper futures is scary. all hell is breaking lose. god have mercy!!!
now already below 50 day EMA. Wont be suprised that it will slide towards 200 EMA before any bounce back... :(

will June be a repeat of Gold's tantrums last August?

Posted by ceelo87 > 2021-06-18 10:05 | Report Abuse

JAG standing strong

Posted by Amirul Ashraf > 2021-06-18 15:09 | Report Abuse

In jag we trust. Jag has good business there plus this year is year for metal. Just wait until exdate of pp

Posted by sujibaby > 2021-06-20 21:40 | Report Abuse

JAG (0024): An overdone correction? - 20 June 2021 - Sujibaby

https://klse.i3investor.com/blogs/sujibaby_yongtai/2021-06-20-story-h1566937122-JAG_0024_An_overdone_correction_20_June_2021_Sujibaby.jsp

Posted by ceelo87 > 2021-06-21 09:28 | Report Abuse

steady only.

Posted by chuatuanboo > 2021-06-21 13:11 | Report Abuse

down trend towards 0.3

Posted by Lai Peng Chin > 2021-06-21 16:49 | Report Abuse

Now that China is reducing steel export, this counter should be the beneficiary.

Posted by ceelo87 > 2021-06-22 10:14 | Report Abuse

steel counters show time!!

Posted by mokluhanj21 > 2021-06-22 17:50 | Report Abuse

Fed tapering talk, smaller Biden package and China's war on commodities,
let's not be excited. get out while you can. and wait and see first.

stay safe everyone

Posted by ceelo87 > 2021-06-23 12:48 | Report Abuse

Steel come back! Showtime

Posted by mhanaS > 2021-06-24 05:20 | Report Abuse

Interest is waning. Cash is short. Yup, let's firstly wait and see.

Posted by ceelo87 > 2021-06-24 14:28 | Report Abuse

looks like someone doesn't want it to go up

Posted by mokluhanj21 > 2021-06-24 14:47 | Report Abuse

c u at 29sen :)

Posted by mokluhanj21 > 2021-06-25 15:45 | Report Abuse

yes finally falling ahahahaha. like this la sweet gurl

Posted by ceelo87 > 2021-06-25 16:15 | Report Abuse

looks like some one is throwing down again today! what is happening!

Posted by sujibaby > 2021-06-27 21:28 | Report Abuse

0.32 to 0.33 should hold if JAG still in uptrend.
This could be the reason of why the upcoming PP is placed at 0.33.

Posted by ceelo87 > 2021-06-28 09:04 | Report Abuse

steel price remain strong, but JAG price drop. Could be purposely press down for someone to enter

Posted by mokluhanj21 > 2021-06-28 09:32 | Report Abuse

cry cry cry

Posted by sujibaby > 2021-06-28 10:11 | Report Abuse

Large buy volume came in when the price reached 0.30.
Nice play.
We wait for the politician clowns announcements next.

Posted by STDN237649 > 2021-06-28 12:30 | Report Abuse

is it right time to buy//? or wait till 0.25

Posted by TokAbah > 2021-06-28 19:57 | Report Abuse

Tommorow bursa will be super green lor.
Big boys push the market super red for 2 trading days just to make handsome and easy profit. Jialat
B40 like me will become bankcrupt lor like this

Posted by DickyMe > 2021-06-28 19:59 | Report Abuse

Yah gah?

Dengan wang sedekah, Bursa akan melonjak..kan kan kan?

Posted by ceelo87 > 2021-07-01 23:29 | Report Abuse

JAG no move...so weird

Posted by TokAbah > 2021-07-02 01:52 | Report Abuse

Sure no move. Everybody punt at serbadk like no tomorrow wor

Posted by mhanaS > 2021-07-02 13:30 | Report Abuse

Everybody waiting JAG to fall below 30sen lor

Posted by chuatuanboo > 2021-07-03 23:33 | Report Abuse

wait at 25 sen

Posted by stockraiders > 2021-07-04 17:49 | Report Abuse

Seemed like a butterfly pattern is forming.

Posted by gateway31 > 2021-07-05 10:42 | Report Abuse

rebound.. short term 0.37, long term 0.45

Posted by gateway31 > 2021-07-05 11:43 | Report Abuse

let's see. nice

Posted by ceelo87 > 2021-07-06 11:59 | Report Abuse

who is throwing down non stop...