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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…
copper traded USD 10,165/ton, tin price traded USD 41,826/ton, nickels USD 42,995/ton...now is crucial moment for MNC company to negotiate their next quarter purchase price for commodities...next QR should be able to contribute more profit for JAG if based on avg traded price for copper and others metal...
t sheng, u wan use copper price per quarter or per year to estimate stock price should go until where? i honestly share with you a bit hard because most of the company did set T&C for their purchase agreement...it can be above or below 5% or 10% of actual market price compare to agree price and so on...
based on last past reports, they consistently kept or retailer n 40mil inventories , the sudden surge or inventory maybe due to now they have bigger storage @ warehouse, more capital to buy in recycle waste e and that also means with higher turnover with higher profits n coming QR.
This counter will never give u a sudden vertcal surge of profits but a safe consistent business, unless other losses came in like previous properties project cancellation etc.
I believed Mars is from relevant industries and he has shared some inside into of industries practice.
Personally I believed a prolong war and trouble is inevitable as that's related to US Global policies.
in this case commodities in metal will continue to stay high or even higher from where u saw now and worst is supplies of grains will be seriously effects thus high hyper inflation is on the way and worst a Prolong situation will prompt Russia to take drastic move as their small GDP cannot
T sheng, I think victor answer most of your question…haha…victor and me invest for quite long time here…once people goreng up we took some profit then when people said these idiot n dumps stock then we collect…even though some time ppl tot we are idiot but we janji win diam2 saje…
Here most of the comment we share what we know about in similar industry…but of course not totally same with jag because in msia seldom have recycle business listed in KLSE…so no place to compare and dig the info…
Some of the info we ask when agm then some we share from similar biz performances from others country…
Jag not only about commodity copper price…u can dive in details of QR…personally I think USD rise MYR drop will help their QR as well because they purchase in MYR and but sell in others currency…….
recycle or sustainability is very environment friendly business…so I support these company as always…
Last weekend I park in front one of the coin laundry shop…I found that actually there is a lot of people using these service…not only foreigner but some local people as well…of coz the one I saw is not belong to JAG because nowadays everywhere have coin laundry shop…haha…just sharing…
When we happy seeing or expecting QR great or sky high….please bear in mind jag cost of sales may also increase…I Rmb last agm mention diesel or gas…these two commodities price dun need said u also know where are they now…
the good news is they have installed solar panel at the roof top and may save 20% of their operation cost. the rest do your home work and their pattern is so consistent till you can safely make some good return.maybe 3 times a year
T sheng, no problem sharing is caring…I no comment for the dividend…as share before I prefer company use that PP money to further expand business for twm instead of use that money to give some candy to investor…
mr pig....great..janji win money je....tomorrow or next next week always have chance....no worry....with JAG we trust...we trust apa le...we trust these stock love to pull back...lol... they always give us eat KFC MCD or chicken rice...catch low sold high...
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?