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Jag 74% of profit margin on waste revenue contributed by copper and others precious metal like nickels or tin etc is about 26%…copper price per tonne been remain around 9.5K to 10K for more than 3 months...company should continue growing....
I saw some Malay Fren mention jag is metal counter hence I help to explain actually nope…you may refer MD press release statement as well…
Yeap Peter…seem like target is same..which is try to push the stock price and attract for investor but if boss use company money to sbb and dispose later then these will not good for small shareholder lo…I hope to see the boss improve the biz revenue and profit instead of sbb…PE 40 erm…not high meh? I seldom invest food company so not very sure…
peter these candle not nice le...but to me near holiday or after holiday some time the candle cannot reference much...cause most will took profit and have a peaceful holiday then only came back fight for wealth....if able to sustain above 36-37 then we shall see next higher ride...
to me since they just announce to propose for approval to buy back, then went think this counter will fly high as the AGM is by next month's only.... wait n don't rush
my opinion only ha. if start from 0.37,
possibility 1: drop below 0.36 , next support 0.35 if drop below, cl
possibility 2: break 0.38 next tp0.405
break 0.405 , next is ard 0.45.
so for ratio wise, not a bad graph
Sharing purpose. not 100perc accurate. cheers:)
In my opinion....maybe i'm wrong...i can see the first lower low of jag is 0.28 second lower low is 0.30 and the third lower low is 0.36 from beginning of year 2022 until now....maybe it want to climb higher n higher this time....
erm...check back the price i post 23 days ago is "copper traded USD 10,201/ton, tin price traded USD 43,625/ton, nickels USD 32,449/ton.."this explained why stock price follow these trend?
The most important point of jag is still their core business which is total waste management service…company should took these opportunities to grab more business from E&E company since they will produce a lot of electronic waste daily…the new contract from Infineon is one of the good example…company should spend more effort in these area instead of waste the rss on new biz which is not familiar by management team…
Not much waste service company in Malaysia with proper license…JAG is one of these company and listed on KLSE…by right jag should have the advantage to grab more waste service contract from MNC company…I hope Infineon is the start of German MNC contract and more will come like Osram plant in the same area…
if JAG boss concentrate in his business instead of further diversifying his biz then for sure jag will be next hidden GEM like what happen in Japan which I shared earlier…charge customer for dispose electronic wastage and process it became “gold” later…
haha....nanti kena halau....u nak cakap jahat pun boleh tapi kalau u paham dia suka main macam mana u memang tiap2 kali win juga....u see chart balik...same strategy play...