After the share consolidation announcement, the forum here suddenly turn into winter. Nobody interested now. Some are waiting waiting outside the net and others are waiting inside the net to wait and guess the intention of the operators. Two options for the operators : That is to pump up the prices and consolidate the shares and warrants to gain or secure the investors' confidence with more to joint and up held the company future progress and reputation.Or to get a short term gain by playing down all the current investors and turn the shares into a horizontal move dead-fish counter. Anyway just wait and see folks !
if there is any good prospect in this counter, just keep it if not in rush to use cash. For day traders, this counter might not be so good as there are many other counters that may bring more day profit. As for me, I'll continue to keep and hopefully by consolidating the shares would be positive. We are not saints, just wait and see. And JAG management, kindly manage your liabilities well.
Yes I still holding this share. I went in 0.06. nothing to fear after all there is no storm ahead. Just hold and monitor closely in case there is a dip to 0.05 then cut lost. Limit your investment in this type of penny stocks and be careful. Good penny stock will keep on going north gradually and not like this type of ding-dong game. Operators very unpredictable and cunning.
i don't know why all think shares consolidation is good. no experience in klse??? a company performs share consolidation because there will be more shares to be allocated or funds raising required
Ah ya, renewable energy is very very common nowadays. Even some kampung folks also can produced renewal-energy by themselves. How to get excited ? Lol....... If Jag involved in AI or aerospace engineering, then everybody will get excited and shares prices will sure shoot rocket high within a week.
JAG Berhad, formerly Infortech Alliance Berhad, is a Malaysia-based investment holding company. The Company is also engaged in the business of computer software development, maintenance and support services.
@Victor After I went deep into the study of Jag Bhd background I shocked to find out that their subsidiaries had a strong political background with some existing political leaders and their growth per year is good, Debts is healthy. Hence why should them still remained in a penny stock of 0.06 counter. They should valued at something like 0.60 or 0.70., if I'm not wrong. P/S : This information is my personal research into Jag Bhd. No buy/sell call.
recently the volumes are low so that people who are desperate to use cash will dispose hence some others will buy..see who more desperate game, i'm holding since 2 years ago, berhabuk already..since hold for so long already, keep holding for awhile more
This is Jag Bhd and not Sdn Bhd. Pls check Jag Bhd subsidiaries. That is why they want to consolidate to 4 :1. To erase their penny stock image . 18/07/2020 10:24 PM
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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....
Joey Goh
116 posts
Posted by Joey Goh > 2020-06-23 14:13 | Report Abuse
yes VLVL, i hold from 0.03 =)