“DickyMe > Have anyone received the free warrants, yet?Only bonus share is visible but warrant bo li yeow”
Please see below announcement: ‘Kindly be advised that JAG's 368,903,282 Warrants C issued pursuant to the Bonus Issue of Warrants will be admitted to the Official List of the Exchange and the listing and quotation of the Warrants C on the ACE Market, will be granted with effect from 9.00 a.m., Wednesday, 3 July 2024. The Stock Short Name, Stock Number and ISIN Code of the Warrants C are “JAG-WC”, “0024WC” and “MYQ0024WC964” respectively.’ Link: https://www.klsescreener.com/v2/announcements/view/7246555
I am not entitled for the Bonus Issue as I bought after the entitlement date; below the adjustment price of MYR0.28..
“choop818 > @BLee, how beneficial to JAG is the eventual JV with Mitsubishi Materials Corp?”
Not much details since announcement of below worded MOU on July and August 2024: “JAG BERHAD ("JAG" OR "THE COMPANY") MEMORANDUM OF UNDERSTANDING BETWEEN JARING METAL INDUSTRIES SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY AND MITSUBISHI MATERIALS CORPORATION”, therefore can't comment on this JV… What I know, the last few days visualize JAG traded upwards with good buying interest. All the seller of RM0.255 and RM0.26 well absorbed…my Cherry Picking of 16% paper gain seems ‘a good move’; Happy Trading and TradeAtYourOwnRisk
“ov123 > Parent is up. Warrant is down. Not a good sign. Very artificial.”
Warrant conversion at RM0.28; it is too early to tell whether it is a good sign or not…wait for Mother to cross this magical figure to justify the Warrant price!!
"Raiz368 > Mother will fall below 20 cent and warrant will fall below 2 cent by this mth…”
Maybe the Market doesn't know yet, how possible? Shares Buy Back (SBB) around RM0.25; what is the chances it will go below this value?This Morning active trading buy volume at 92%; up one sen with gain of 3.85%...look promising. Happy Trading and TradeAtYourOwnRisk
Nothing happened? Opening up 1.89%, Not down. ‘Disposal of shares vide crossing deal by Libra Valen Sdn. Bhd.’ meaning Negotiated…and ‘Overall interests after change:- Direct interest: 140,203,521 (19.202%)’ meaning still majority Shareholder. Buying volume at 92%, RM0 27 done at 1.739 mil…Good indication. Nothing to worry about. Happy Trading and TradeAtYourOwnRisk
Jag 29.5 cents Tp before cny 35-38 cents. Got down sapu somemore. If suddenly one off boom 10-20 cents,,very high volume a must sell. Please join me as follower or paid if got tuition.290 followers no good.
“Michael Kwok Jag 29.5 cents Tp before cny 35-38 cents. Got down sapu somemore…”
Already breaking new ground after the two Booonus exercises… My Cherry Picking at 22.5 sen less than half year getting a gain of 8 sen, equivalent to 35%, already touching my selling intention as adjusted 52 weeks 33.7 sen is around the corner. Looking at the high buying volume everyday around 28 sen to 30 sen; will it reach the TP mention? Your guess is as good as mine, Happy Trading and TradeAtYourOwnRisk. Note: Major Shareholder (direct 19.818% and indirect 10.599%) is collecting last few days; will the buying reaches the MGO point?
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lingrecord
18 posts
Posted by lingrecord > 2023-01-03 10:10 | Report Abuse
Goreng time ..... time to move up