The Group recorded revenue of approximately RM38.29 million for the current financial quarter and RM102.93 million for the period ended 30 September 2017, respectively. Export sales accounted for about RM32.87 million and RM82.13 million or 85.85% and 79.79% of total revenue for the current financial quarter and period ended 30 September 2017, respectively. The Group recorded higher revenue for the current financial quarter and period as compared to previous year corresponding financial quarter and period by 42.64% and 47.71%, respectively. The said higher revenue was mainly contributed from the Group’s manufacturing and trading activities. The higher revenue for the current financial quarter as compared to the previous year corresponding financial quarter was mainly due to higher sales of copper, nickel and stainless steel. There was also increase in average selling price of commodities sold by the Group especially gold, copper, nickel and tin. The higher revenue for the current financial period compared to the previous year corresponding financial period was mainly due to higher sales of copper, aluminium, iron, nickel, tin and stainless steel.
The prices of copper, aluminium, iron, nickel, tin and stainless steel are much higher during the fourth quarter than the third quarter. So next qr report must be very good. Not many traders realise this fact. So buy now before it explode.
@iswara, Hibiscus already moved up so much so the risk is very high, look at Hengyuan. Buy JAG now as the price haven't moved and the risk of losing money is very low.
Sales, i already say, u buy around 0.100 risk is low, even if drop, it won't drop much almost bottom already, thought u join with us... :-( up up up...jag... :-D :-D :-D
Copper’s price started strongly this year and should be able to reach even higher in weeks to come as demand for copper is much higher than supply especially from China.
Other JAG main commodities like nickel, gold, tin and aluminium also at their high and all should be able to reach higher prices this year like copper. Excellent news for JAG.
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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....
bruce551133
3,339 posts
Posted by bruce551133 > 2017-12-30 15:12 | Report Abuse
Hahaha...jincheah is jag ga yau! ga yau! ga yau! not me ga yau! ga yau! ga yau!... :-D up up up...jag... :-D :-D :-D