Jag always mention it has to source for electronic waste to recycle n recover copper etc etc...the amount of copper etc is based on how much waste it gets to recycle. Though copper price is new high...I doubt it matters much. Anyway as I said, market has decided JAG has reached it new high of 35¢ few days ago n after Q out, its price drop n today continue drop. Please don't chase high. It's heading to 20¢ again. Minus luck, it becomes rubbishbull.
This news good for JAG in the near future? A Malaysian company is in the list. Let's see if it could break a very significant resistance these few weeks.
The circus clowns seem to be not so happy today.. shuffling among themselves gets tired now that they've overdone it. The genuine JAG retail shareholders are smart investors. Once bitten twice shy they say. I'm happy to wait by the sidelines. Wait long enough and all tides calm down.
Riding on the uptrend, the stock could swing towards our resistance thresholds of RM0.38 (R1; 21% upside potential) and RM0.43 (R2; 37% upside potential), respectively
bahai, distribute bonus or dividend is not something good for small shareholder like us...most of the profit/dividend earn by company will goes back to main shareholder....not me or you...may be we just get 0.0001% from the dividend distribute by company...
invest new biz or explore new opportunity is something good for long term if they manage to get someone really have that expertise then that is fine...cause solar is not easy biz...at least huge investment when u wan to start up sth...
i agreed with u keep on pp is not the correct way for company to explore new biz...at least not good for us...
Hooi369 , bahai, distribute bonus or dividend is not something good for small shareholder like us...most of the profit/dividend earn by company will goes back to main shareholder....not me or you...may be we just get 0.0001% from the dividend distribute by company...
************ Hooi , I not totally agree with your opinion. For a goreng counter may be you are right. For mid-term and long-term, divididend is not just only a token to the investors but also reflect the company is fanancially healthy and sound. You can report you company make billions of profit but the profit is utilised to offset it from your heavy debt and cash flows, hence most of this type of company can't even give 0.0001 %.
I don choose particular counters with good dividend but dividends can give me confident in case I get stuck or hold up there. For example I invested in Dnex after they show some improvement in the qtrs (before November) and get a very good gain from them. Did you see any of the Jag big bosses come and put some show in the press. They sent only gunners....lol.
I try Jag, they make money but they made private placement by renting a pc of land to invest in Solar power plant to collect more funds. I have doubt about their PP intention ? Collect funds to ease their cash-flows or to pay debt? How good is Jag in solar power technology ? Can they compete with Cypark or solarvest ?
I don know what is their bossess' ideas and thinkings ? If I am the boss I will invest more on karanguni business by buying or JV with more karanguni companies.
Anyway, I already sold all my shares and waiting for 0.25 +/- to come back. From what I understand so far Jag is just a techinical trading counter and not a ideal long-term counter. Just my opinion, no offend. ,
Agree with Bahai4453 on this one. A steady revenue and profitability performance coupled with a steady dividend not only will instill confidence in current shareholders but will also attract new money into the company.
As a growing business, the shareholders understand that the majority of the profits will need to be retained for development but a ½ sen dividend a year for example, would be able to woo fund managers to select the company into their portfolio.
Dividends shows that the company is confident of doing well in the future. The positive quarter results are there, the yearly profits is there. Only lacking is the dividend announcement.
bahai and mhanaS, for example one of my stock....greatech...i start collect after they stop giving any dividend....they really help me earn a lot of profit honestly.....
of coz everyone have different opinion...im okay no worry...happy invest...
The clowns are at it again with their shenanigans. Be careful everybody! I notice they tend to jack up the price on Thursdays for a kill on Fridays. I am staying away. Let's take a breather and wait till their time is up on Monday afternoon. Only come in below 30 sen. Even better 25 sen like bahai4453. Too much lah these clowns!
JAG QR are good.. e-waste business.. jump into solar business too.. can relate with 5G program in the future. Last time people said DATAPRP is a losing company.. now? what happen? from penny to RM2 maaa.. so? what I'm trying to say is.. you never know the FUTURE..
Eastern686 let's wait for the tide to subside then everything will be clearer. Right now it seems that there are too many manufactured plays on the counter which may be driving people away. Again, this is my opinion. Feel free to disagree.
JAG made money in 5 successive qtrs. Why they still had to do pp and can't givie any dividends ?? Is that funny right. What they know about solar power ? They're just a karanguni cun software company. Can they compete with Solaris or cypark for solar power?
Actually, solar power is not so difficult to operate... Pls read for some insight.
1. 27 company likely to be selected. 2. If more investment capital needed, Then borrowing from bank is an option or another round of PP with higher price tag.
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....
mhanaS
213 posts
Posted by mhanaS > 2021-02-25 12:17 | Report Abuse
Yes. Waiting by the side till the circus calms down.