https://www.thestar.com.my/business/business-news/2024/04/17/jentayu-aims-to-sign-ppa-by-mid-year

Good news for JSB again!

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3434528

Another piece of good news for JSB. JSB has received the Initial Letter of Notification from the Energy Commission of Sabah for the construction of a 170MW run of river hydro power plant in Sipitang, Sabah. This is an important milestone for JSB.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3434427

Acquisition of Telekosang Hydro Assets finally approved. This would be the start of the turnaround of JSB. We will see the company now generating profits. Onwards and Upwards!

This is the first counter this year to close higher than the opening price. Will fly tomorrow!!!

https://theedgemalaysia.com/node/675611

This is a game changer for JSB!!!! Japanese giant, Sumitomo looking to partner with JSB to develop JSB's RE projects!!

Broke RM1. Beautiful. More good news coming!!

JSB
: Technical confirmation of Uptrend

Half day closing today JSB price again showing a great buyer support. as of 1230pm today, JSB trading value slightly above half of yesterday volume and possibly will close again today with a high volume. (Possibly higher than yesterday volume.) This high volume is important as it show that price is going up with huge support. As the price is going up, the dynamic support also will follow to go up. Today MA20 is at 0.873 compare to last 2 weeks at 0.8628 when the price was still below the MA20 and closed at 0.85 (3rd July 2023).

Recent 1st BUY signal was on 7th July 2023, when JSB price closed above its MA20 at 0.87 against its MA20 at 0.8625, right after that, JSB price continue to stay above its MA20 line until today.

Yesterday, after a convincing higher close at 0.915 above the cloud level of 0.8975, JSB price jump above the cloud with a strong volume in the morning, this could be a very positive sign that price will continue it upward trend movement. As long as JSB price is above the cloud, JSB price is considered to be bullish. According to Ichimoku strategy, it is a strong BUY signal when price break away above the cloud, and in Ichimoku trend riding strategy, we will stay in buy position as long as the price is above the cloud. This Ichimoku trend riding strategy is not about buying a stock at the lowest price and selling at the highest, but to catch the trend, buy when it go above the cloud and sell when the price fall below the cloud.

TREND

MACD is showing that the price is strongly trending up as the gap between MACD and the Signal line is getting wider. this postive MACD trend support the Buy signal in Ichimoku, and the moving average too.

Momentum

RSI jump above the 70 value shows that JSB is entering the Overbought territory, this show that buyer is in control compared to the seller, as long as buyer keep buying, RSI will remain in the Overbought territory. Buy signal on JSB based on RSI came on the 6th of July when RSI break above 50 value. on that day JSB price was trending in between 0.865 to 0.875 and closed at 0.87, even if one bought at highest price on that day, one still in profit today. Following a momentum strategy using RSI, one will buy when the RSI break above 50 and stay in buying position until RSI break below 50.

Support and Resistance

Looking at JSB daily Fibonacci chart, price is clearly breakout above the support/resistance zone (0.85 - 0.895). What this mean is, price potentially will test it immediate resistance at 0.95 which is the previous high price and the next significant resistance is at 0.988 (0.99) which is the Fibonacci 1.414 level, normally at this level, higher chances is that, prices will test the psychological rm 1 level. In my Opinions, if the buy activity continue with strength as shown in the past couple of days, JSB prices could easily break rm 1 and stay supported above that price. if this happened, it will soon test the rm 1.12 target at Significant resistance of Fibonacci 1.618 level, which is also known as the Golden Ratio level.

https://www.theedgemarkets.com/node/655578

Commercial Operations Final tests all completed for Telekosang hydro plant. Market is rewarding the good news this morning. JSB up to 6c (7%). Onwards and upwards!!!

Wow!!! Big jump this morning. Something big brewing!!!

Pre-New Year present coming??? All the way to CNY rally!! Huat ah!

Wow! Great comeback today. Back to almost IPO price. Looking forward to strong day tomorrow.

Research done on Jentayu Sustainables Berhad ("JSB")
24.11.2022

Looking at the price action, JSB closed above the resistance level 0.715 (Fibonacci 100%) yesterday.

This would mean the price action could trend higher, provided it stays above the previous resistance cum new support at 0.715. If it successfully stays above this level, it will be considered as a price breakout and a likely continuation to the next level of Fibonacci resistance at 0.89 or at least to the previous high of 0.84 (November 2021) before seeing some selling pressure.

At this level (0.84 - 0.89) there could be some selling activity as the current market should participants decide to take profit.

Although the above could happen, there is a possibility that the price could break through the resistance levels as the RSI above 70 point upwards therefore indicating that the buying momentum is very strong.

A continuation of such strong buying momentum will push the price higher.

The MACD, shows that the trend is going up as the positive divergence between the MACD and SIGNAL line is getting bigger. This means that the buying activity is stronger compared to selling.

Looking at the Monthly STOCHASTIC RSI, it is showing a continuation of bullish trend since June of 2022 when the price break above 0.40 and currently is still going strong as the price hovers above the 70 sen

In summary, the current price movement is very positive and if it manages to stay above the current immediate support of 0.715, there's a possibility of the price continue moving upward to its long-term target of 1.12 at the Fibonacci golden ratio of 1.618

The above reading is true only on the date it is done.

Wow!!! Close 70c today!!! First time close 70. Thanks JSB.

https://www.nst.com.my/business/2022/11/850418/jentayu-sustainables-collaborates-germanys-hydropower-company-voith-hydro

https://voith.com/corp-en/index.html

Truly impressive global powerhouse partner as the technology partner. With revenues of over Euro4.2 Billion and over 20,000 employees, this is a serious player in the hydro industry. JSB to fly all the wayyyyy......

Ini Kalilah!!! Time for JSB to fly.....

Definitely need holding power but it will surely be rewarded. 70c here we come......

https://www.thestar.com.my/business/business-news/2022/11/08/jentayu-sustainables-hydropower-ops-commence

https://www.nst.com.my/business/2022/10/844108/jentayu-completes-commissioning-malaysias-largest-bi-facial-solar-plant

Broke 0.60 2 days ago and I hope more good news coming. 0.70 here we come........

@BanyakZhun, u memang banyak zhun. I will follow u

JSB is on the way back. I think it took a breather for their PP. Now thats its done and listed, we can expect it charge back again!!!

I believe in JSB and its future with the Telekosang hydro plant already completed and commencing Commercial Operations soon. Plus waiting on more news on their proposed 170MW Oriole Power Projects. This has been approved by the Sabah State Govt

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3287924

The CEO's son buying the warrants. All in the family.....

https://www.astroawani.com/berita-bisnes/kerajaan-negeri-cadang-wujudkan-suruhanjaya-tenaga-sabah-ambil-alih-sesb-377940

The Sabah State Government approves the proposed construction of the Hydro electric plants in Sungai Maligan and Sungai Padas (para 10 of the report). This is believed to be the projects by Oriole Power Sdn Bhd, wholly owned subsidiary of Jentayu.

https://www.theedgemarkets.com/article/jentayu-sustainables-hydropower-plant-operational-year-end

This is the wonderful news we have been waiting for!! Jentayu will fly on Monday

Its been hovering at 535/54 for the past few days. Someone collecting......

wait, wait, wait.......its coming....

Looks like engine revving, ready to move! Volume building up nicely

I think something brewing here ......

Whats happening here? Genting director goes in and price plummet!!

Definitely keeping my shares, in fact buying some more. 60 here we come

Gonna break next resistance of 0.525. Hope theres some good news soon

Looks like this counter is slowly coming back

Time for PGF to break out?

Looks like Opcom on the way back

Time to run

Genting guy on the board. Time to fly