JAG BERHAD

KLSE (MYR): JAG (0024)

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Last Price

0.315

Today's Change

-0.005 (1.56%)

Day's Change

0.315 - 0.32

Trading Volume

1,274,700


11 people like this.

10,054 comment(s). Last comment by kelvinongbk 1 week ago

Babychair

122 posts

Posted by Babychair > 2017-02-22 16:12 | Report Abuse

all awaiting for Q4 result

yeohhh

2,406 posts

Posted by yeohhh > 2017-02-23 11:27 | Report Abuse

RIP . greediness

Posted by jeffrey1969 > 2017-02-23 15:15 | Report Abuse

when the Q4 result out?

thesteward

6,782 posts

Posted by thesteward > 2017-02-23 16:05 | Report Abuse

gogo Jag

asriruslan

2,081 posts

Posted by asriruslan > 2017-02-23 16:08 | Report Abuse

jag on making

SDR245

1,675 posts

Posted by SDR245 > 2017-02-23 16:42 | Report Abuse

I'm n profit ready.not to say greedy.but confident.will up to 0.16 sen

ezobear

474 posts

Posted by ezobear > 2017-02-23 18:27 | Report Abuse

QR out ... flying color!!

leon711

2 posts

Posted by leon711 > 2017-02-23 18:27 | Report Abuse

Q4 EPS 0.21

ezobear

474 posts

Posted by ezobear > 2017-02-23 18:35 | Report Abuse

Boss got additional press release: jag soars with commodity price!!

Erie

497 posts

Posted by Erie > 2017-02-23 18:48 | Report Abuse

JAG Soars with Commodity Prices

SHAH ALAM, 22 February 2017– JAG Berhad (JAG) and its group of companies (JAG Group),
one of Malaysia’s leading total waste management companies by market share, today
announced an unaudited profit after tax (PAT) of RM2.4 million for its 4th quarter ended 31
December 2016 (4QFY2015: loss after tax of RM3.4 million). Revenue for the quarter under
review was lower at RM21.5 million compared with RM23.9 million recorded in the preceding
year’s corresponding quarter.

From a cumulative perspective, the Group recorded a PAT of RM2.1million (FY2015: loss after
tax of RM19.8 million) on the back of a turnover of RM82.9 million (FY2015: RM84.8 million) for
its financial year ended 31 December 2016. This marked the Group’s journey back into the
black buoyed by higher than average sales of gold, iron and silver.

Dato’ Ng Meow Giak, an Executive Director of JAG, said, “Commodity prices have been on an
uptrend since June 2016 and this has contributed positively to our performance, especially in
the 4th quarter of our 2016 financial year. Prices of copper, particularly, is growing from strength
to strength, and we expect this trend to continue moving forward. The current year-to-date
average copper price stands at USD2.67 per lb, 12.4% higher than 2016, indicating a positive
year ahead. We further expect copper price to hit USD3.0 per lb this year, backed by economic
recovery in China and higher demand.”

JAG Group’s core business activity is in the processing of electronic waste where it extracts and
refine ferrous and non-ferrous and precious metals. “Copper makes up more than 54% of what
we extract and refine, enabling the Group to be in a unique position to benefit from
strengthening copper prices. Additionally, the price of precious metals such as gold and
silverare also increasing steadily. This has and will continue to contribute towards our
performance,” he added.

“We expect the long-term prospects of our waste management business to remain bright. In
addition, we believe our diversification into property development and property investment will
enable the Group to expand our sources of revenue while at the same time, mitigate our
exposure to fluctuations in commodity prices,” Dato’ Ng concluded.

In January 2017, JAG announced its proposed diversification of the Group’sexisting business to
include property development and property investment. JAG’s maiden venture into property
development and property investment business via its wholly-owned subsidiary company, JAG
Land Sdn Bhd (JAG Land), will involve a freehold 13,489.50 square meters land in Kg. Jawa,
Klang. JAG Land had acquired the said landfor RM9.87 million in August 2016.

Erie

497 posts

Posted by Erie > 2017-02-23 18:49 | Report Abuse

show is coming..grab ur popcorn :)

BabyTA

590 posts

Posted by BabyTA > 2017-02-23 18:51 | Report Abuse

hi Erie, news source from? ty.

thesteward

6,782 posts

Posted by thesteward > 2017-02-23 19:02 | Report Abuse

goody

Posted by JackWong119 > 2017-02-23 19:11 | Report Abuse

QR just released from Bursa Malaysia.

SDR245

1,675 posts

Posted by SDR245 > 2017-02-23 19:16 | Report Abuse

Will retest 0.16 . Tis stock will b n uptrend . egm n March.

Posted by Ultrainvestor > 2017-02-23 20:06 | Report Abuse

BabyTA that's from the Jag Press Release through Bursa Announcement

Tripaka

2,961 posts

Posted by Tripaka > 2017-02-23 20:26 | Report Abuse

Mid term good. But if goes up too fast let go...

AK2899

322 posts

Posted by AK2899 > 2017-02-23 21:28 | Report Abuse

Datin , Jag can up or not datin ? waiting your JAG
show time but still price like shit

Tripaka

2,961 posts

Posted by Tripaka > 2017-02-24 09:19 | Report Abuse

Eat too much, later vomit.

CashWin

21 posts

Posted by CashWin > 2017-02-24 10:51 |

Post removed.Why?

Posted by armadatuah2017 > 2017-02-24 11:17 | Report Abuse

im still awaiting for approval of share buyback by Bursa. At that time, JAG shall hike.

sapari57

93 posts

Posted by sapari57 > 2017-02-24 12:47 | Report Abuse

QR result cantik pun, naik 1/2 sen, ini kaunter byk teruk lah.

Erie

497 posts

Posted by Erie > 2017-02-24 12:54 | Report Abuse

patience is important and holding power is the key..its hard to predict when the shares will rocket up..see censof today after moving so slow recently all of sudden rocket up..

Tripaka

2,961 posts

Posted by Tripaka > 2017-02-24 14:12 | Report Abuse

Just keep...good times ahead.

Posted by Ultrainvestor > 2017-02-24 15:05 | Report Abuse

just got notified 10 million units direct business transaction at 0.135

Babychair

122 posts

Posted by Babychair > 2017-02-24 15:06 | Report Abuse

Ultrainvestor.. what does this indicate?

Posted by Ultrainvestor > 2017-02-24 15:10 | Report Abuse

I don't want to overspeculate but with all the positive news around, there might be parties drawn to acquire large shares.

Posted by Calum Fire > 2017-02-24 15:41 | Report Abuse

I think can hold for long term. looking good at the moment.

sapari57

93 posts

Posted by sapari57 > 2017-02-24 16:04 | Report Abuse

Why this counter Morning very high volume, evening no volume, sleep.

Posted by Calum Fire > 2017-02-24 16:12 | Report Abuse

accumulation by big players perhaps?

Posted by armadatuah2017 > 2017-02-24 22:32 | Report Abuse

@sapri57 ini share naik 0.005 pun untung gila liao. Harga share ni murah, jadi boleh beli banyak lot. Profit margin tinggi compare to expensive share. :)

Erie

497 posts

Posted by Erie > 2017-02-24 23:33 | Report Abuse

Jag will soar next week

asriruslan

2,081 posts

Posted by asriruslan > 2017-02-27 08:33 | Report Abuse

The support and resistance level of JAG are 0.13 and 0.155 respectively. It is observed that the MACD line of JAG is above the centreline indicating some degree of strength in the price movement.

Tripaka

2,961 posts

Posted by Tripaka > 2017-02-27 09:32 | Report Abuse

Only buy if you are not playing contra.....

Posted by samchua1001 > 2017-02-27 10:50 | Report Abuse

After a tumultuous year in its FYE Dec 31, 2015 (FY15), Jag 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 RM2.06m compared with a net loss of RM19.79m in FY15,” the company’s chairperson Datin Stacey Tan said. “The rise in copper prices in FY16, especially in the final quarter, has helped boost our performance. In the 4Q, we reported a net profit of RM2.4m from a net loss of RM3.43m in the same quarter of the previous year. We have had three consecutive quarters of profits,” Tan said. (StarBiz)

Posted by samchua1001 > 2017-02-27 10:51 | Report Abuse

copper prices will continue rise!

Tripaka

2,961 posts

Posted by Tripaka > 2017-02-27 10:57 | Report Abuse

Jag is in electronic business, also in water business..self service laundry. This year water and electronics business will prosper. Electronics boom more waste...copper and gold. Next on track setting up gold recovery system. ..may return to near to their yesteryear prices..

bjgdila123

3,470 posts

Posted by bjgdila123 > 2017-02-27 12:12 | Report Abuse

still cheap and worth buying

Tripaka

2,961 posts

Posted by Tripaka > 2017-02-27 15:54 | Report Abuse

Two months...

Posted by armadatuah2017 > 2017-02-27 16:51 | Report Abuse

2 months dah kantui la. 0.160 dah boleh cabut

Posted by armadatuah2017 > 2017-02-28 10:14 | Report Abuse

Why it won't drop????

Tripaka

2,961 posts

Posted by Tripaka > 2017-02-28 10:26 | Report Abuse

Because people are holding....waiting. Wait for the impatient ones to throw later to chase after other booming stocks. Market may be lack luster this week.

Posted by armadatuah2017 > 2017-02-28 10:58 | Report Abuse

Almost all stocks are in free fall including dnex.

Tripaka

2,961 posts

Posted by Tripaka > 2017-02-28 11:02 | Report Abuse

Running here and there is like a headless chicken.....when the vessel is rolling, how to gather moss?

Posted by armadatuah2017 > 2017-02-28 15:21 | Report Abuse

True...

Tripaka

2,961 posts

Posted by Tripaka > 2017-02-28 19:42 | Report Abuse

Cross deal 25 mil.

Posted by Ultrainvestor > 2017-02-28 20:24 | Report Abuse

At a price of 0.14 :)

Posted by armadatuah2017 > 2017-02-28 21:04 | Report Abuse

@0.135 on 24 Feb

Posted by armadatuah2017 > 2017-03-01 10:06 | Report Abuse

Where's the momentum oh? Jalan cepat sikit ma.


http://www.theedgemarkets.com/my/article/stock-momentum-jag

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