@Greensky thanks for all your effort and optimism.Definitely more good news coming. Dirt cheap!!! With all the great plans and with such dynamic team ridiculous and shameful to see JSB at this price! Jangan berputus asa? sabar bertunggu.
All in. Now I expect Institutions with a strong hand will come in after the exercise. This stock can provide good and stable dividends...better than IPP.
The recent exercise confused some small retailers. The reason of price drop because 8m OR we sold below Bursa referral price of 25sen and this also the no of shares they distributed to applicants who apply extra right issue.
Technically, very low rsi, short term bullish signs already appeared and I will expect the price won't be this low for long, perhaps not more than a day.
Yes unfortunately according to a friend in the industry, some investors miss the dateline and unable to subscribe to right issue. If not mistake 8 Millions shares and this was distributed to other shareholders who apply excess. So for every 100 lot they apply they get 8lot.
NTA are much more than market capital. This companies form in 1975, they own lot of properties . They never make new valuation on thier properties, hidden gems. I believed they will continue with their asset rationalisation plan, turning their asset into more productive.
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....
Peace99
2,264 posts
Posted by Peace99 > 2022-02-26 12:16 | Report Abuse
hi Charlie, think you mean 7.8%?