The guy that spotted JAG per the article is really underrated. He spotted this good thing way before me. Only after reading his article, I started to dig deep into the Company. 1. Turnaround Company - From making losses two consecutive quarter gains. 2. Proxy to precious metal gains and exposure - This Company takes the waste from semi-conductor Company and turn in into raw materials of metal say gold,silver, palladium, copper etc. From my understanding if you have 1kg of waste then only 2% out of the 1kg can be turn into gold. So it is sort of like using the separation process to get the gold. Hence in the process, the costs for them is the process of turning e waste into precious metal. Btw, e waste is very dangerous. If you're exposed to the waste for some time, your health really will get affected. This is from experience auditing those Company and you can know from what the workers tell you. Even pregnant women, high chances if exposed, baby also hancur. 3. Hard to spot this stock, because nowadays because of technology you use screener, the screener can't actually pick up some of the criterias, thats why some of it overlooked. 4. For the bidding of solar project, I would only see it as prospect, so even in my own TP, I won't take into account, as it won't be 100% you will bid successfully. Focus on existing things first.
My regret is why I can't spot this thing when its at 2.5 sens. Bang wall now.
this guy got billion share float..however on this 24aug its consolidate 4:1 ...u think it will go down further after consolidate..?.. remember HWGB.... this is what i see about JAG value..;BAHVEST...BORNOIL..mining gold... all worth $400-800mil...with current price however JAG only worth $150mil , -------------------------------------------------------------------------------------- The Group recorded increased in revenue of 46.34% in current financial quarter and period as compared to previous corresponding financial quarter and period ended 31 March 2019. This was due to higher revenue generated from sales of copper, gold, nickel and palladium in current financial quarter and period. The Group recorded profit after tax of RM1.53 million in current financial quarter and period as compared to loss after tax of RM6.21 million in previous corresponding financial quarter and period. This was mainly due to higher revenue recorded by the manufacturing division as well as high purity precious metals have been disposed of during the current financial quarter and period. In addition, the Group also benefited from the uptrend in some of the precious metal commodity prices, especially gold and it resulted in better margin in the current financial quarter.
The Group recorded higher revenue of RM37.4 million for the current financial quarter ended 31 March 2020 compared to preceding financial quarter ended 31 December 2019 of RM36.0 million. The said increased in revenue was due to higher sales of gold, palladium and nickel in current financial quarter.
Waiting for QR this month and also the share consolidation patiently. Based on prices of copper,gold, silver and aluminum, these coming QR should be promising.
GOLD price still at historical high, most probably 3Q will be a green report. Long term investor pls wait for consolidate and u will see the share performance slowly increase daily...for contra kaki or shark, pls sell all to us
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....
Vicky
33 posts
Posted by Vicky > 2020-08-08 16:52 | Report Abuse
https://klse.i3investor.com/blogs/savemalaysia/2020-08-08-story-h1511592138-E_waste_brings_in_the_money.jsp