After listing of bonus share on the 3rd/Feb .. price continue to drop till $1.64.. it is not surprising at all .Just imagine almost everyone r making $$ .. But after those finish selling their bonus share , price will definitely to go up !!!
For those who had bought their share at $1.60 and above recently or have not sold their bonus share , just hold on to your share , just imagine this stock if goes down , also not much already .. 20-30 ct the most ?... But there is plenty of room to go up .. to $2? $2.50?? It is very likely !
Foong said the imminent deployment of the game-changing 5G globally would create a paradigm shift through the developments of artificial intelligence, autonomous driving, healthcare advancement, amongst others,
"This will lead to a huge wave of demand for the next generation of semiconductors. This is also a great opportunity for JF Tech and Malaysia to move up the semiconductor value chain and in turn, create high-value jobs for Malaysians," he said in a statement after concluding its virtual 14th annual general meeting (AGM) and extraordinary general meeting (EGM) today.
Foong said the group's focus would be on the execution of its growth drivers in particularly the new 5G-ready products.
"We expect the sales pace to pick up. JF Tech will continue to grow our intellectual property, which is one of our key differentiators. The group has filed 63 patents in various countries, 16 of which are for 5G testing applications," he said
"Furthermore, we are pleased to have kept up the positive momentum by posting our best-ever quarterly top- and bottom-line performances in the first quarter of the new fiscal year (1QFY21). JF Techology's 1QFY21 net profit surged 121.5% year-on-year to RM4 million, which is already 50% of our historic-high FY20 net profit," added Foong.
He said the group's outlook remains bright as the global semiconductor industry is expected to continue to be on an upward trajectory
“Through this collaboration, JF Tech will fortify its relationship with Huawei as a strategic partner, as well as gain market access into China. This will also allow JF Tech to ride on China’s large-scale semiconductor localisation plan and capture the tremendous sales and incentives,” said JF Technology managing director Datuk Foong Wei Kuong, in a separate statement today
Tickets price is just a paper Gain/Loss .its doesn't matter as i am a long term investor. Will keep accumulating . Pls sell at a lower price so that other keen ppl could join the party .
niapek sangkut at rm1. 70, nid to average at 1.50...if lagi jatuh hoot lagi at 1.25...lagi jatuh lagi tambah at 1.10.lagi jatuh.... tambah lagi at 90cts..ini last one, don't drop lagi, bertahan leow
Please people, talk with brain lah aiyo. Greatec went thru a huge bloodbath after bonus and look at their share price now. JFTECH has pretty strong fundamentals.
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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....
Alucard311
63 posts
Posted by Alucard311 > 2021-02-06 17:03 | Report Abuse
Jftech go go go