Jaks has business in Vietnam and impacted by the Vietnam lockdown last 2 weeks. But today Gov in Vietnam just announced allowed the business to be back. I think Jaks should also benefit from the news. Hope to see the price back to the level before 0.60-0.70 at least for this counter.
Thank you Agjl, we are on the same boat. I put 60% of my capital to genm because the believe that genm will rebound. I hope my prediction is correct. My target after interstate allowed is TP 3.3, when new outdoor open it should up to 3.5-3.8. And when it start to generate profit and turn to black tp > 4. And when it start to pay regular dividend then it will move between 5-5.5. This is my personal target and wish. (Not for the decision for other to buy or sell)
Better result as compared to last year, it's improving. The recovery slowly coming. Price is slowly moving up, as an long term investor, what else do you want?? Just wait to enjoy a future gain when the price back to the peak at 5.5 or 6 in next 2-3years. Cheers!!
For those who already have a paper lost > 70% like me. Suggest we just hold it. No point to sell it at a huge losses. The total share in the market now also lesses only 199million. Maybe easy for it to move up later. We wait for next goreng!
Lesson learn, don't ever panic sell. Calm and everything will be okay. For those who cut lost at 0.32 very regret now. The price is moving up again. Some say will close at 0.30 today, sorry u might be wrong and missed the boat.
Prepare for price fluctuations when MCO extended. But not a worry as we keep for next year. If the price further drop below 2.6 later potential to top up more. This is recovery counter we need to understand that.