“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?
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....
lingrecord
18 posts
Posted by lingrecord > 2023-01-03 10:10 | Report Abuse
Goreng time ..... time to move up