Jadason    Last:0.03   -

telecommunications doing well....RTO or M&A next?

Lai ah sell down to 0.089 for me to cover.

 

.091 u mean. how much u huatting sia. todays high only 9.3 leh maybe your price action comes tomorrow onwards

Lt_investor      ( Date: 20-Jun-2017 15:46) Posted: 0.09 now. Huat ah.

 

0.09 now. Huat ah.

 

0.092 is done by machine. Yesterday the high volume pump up will be dump later.

spangle      ( Date: 20-Jun-2017 12:11) Posted: dont cock around leh. good short your head 9.2 now. zzz Lt_investor      ( Date: 20-Jun-2017 11:39) Posted: 0.089 soon. Good short today

 

dont cock around leh. good short your head 9.2 now. zzz

Lt_investor      ( Date: 20-Jun-2017 11:39) Posted: 0.089 soon. Good short today

 

0.089 soon. Good short today

 

0.09 now. Huat ah

 

0.091 now. Huat ah

 

Shorted 300 lots at 0.092. Distribution detected.

 

well said. i think people pricing in the news company mentioned on 2H17. 
as well as bumper profits mentioned by RHB. 

sbscap      ( Date: 29-May-2017 17:21) Posted: I hope people investing in nano caps should realize that using PE can be very tricky because it is a very tiny number. and can be ultra sensitive. The profits per year cannot  even  pay the annual salary of a senior minister  in  the country of its listing. In  fact, most nano-caps can simply double their earnings if they are de-listed! For instance, the PE for a nano-cap can be a single digit and looks cheap and then earnings can double (or forecast to double). Then the investor(s), for some strange reason, expects the stock to trade at a double digit  PE multiple. Hence, the target price for a nano-cap like this can go to an unbelievable level. This nano-cap is just like the prawns in my tank - bottom feeders. Once the contracts from some super billion market cap company dry up, earnings do the other way.  volvo125      ( Date: 15-May-2017 13:27) Posted: Cut all loose to take profits this morning. Jadason 1Q17 PAT ~$280K beats its 1Q16 earning but has fallen very short of its 3Q16 and 4Q16 earning momentum. Earlier, I had highlighted and was expecting Jadason earning to come in at $1.2mil ~ $1.8mil, targeting ~$1.55mil to be at least inline with its 2H16 earning recovery rate. Forget about the complicated DCF-FCFF valuation. A PAT of $1.55mil, if hit, will give a rough annualized EPS of 0.00858. At a lower end conservative rough and simple 10xPE estimate, it will give a Target Price of 0.0858. Incidentally, this is near to what Mr Market had naturally priced Jadason at 0.087 last done before the earning release last Friday. Now at $280K, it is only hitting 18% of its expected 2H16 earning rate. This gives a substantially much lower reasonably valued Target Price of 18%*0.0858 = ~0.016, based roughly on Jadason implicit earning capability now. At this juncture, Jadason is certainly not showing that it can sustain its 2H16 earning recovery rate. The stock price has way outrun its expected value and is currently very, very overpriced. At the more reasonable valued Target Price of ~0.016 that is directly reflecting on what Jadason is capable of delivering at this juncture, it is important to note that this is likely an extreme worst case, as indicated by Jadason management and also in the RHB report, earnings will only progressively improve from 2H17 or maybe only from early 2018 onward. I expect Jadason price will continue to fall very, very sharply in the next few months to reflect on the current harsh reality that its Fundamental in term of an expected impressive earning recovery momentum is still not really yet tangibly there .... may be not down to the level of 0.016, but certainly not at the current level even with a near 13% selldown this morning. I still believe Jadason will gather pace going forward in its turnaround effort, and that the 12xPE TP0.15 issued by RHB is reasonable, but for the longer run. Not now, certainly, Jadason Fundamental is still not yet solid and premature to support its Technical. In fact, RHB tag a 12xPE on Jadason FY18 earning, not FY17. Buy all back much later when Jadason earnings are more evidently steady and inline.

 

I hope people investing in nano caps should realize that using PE can be very tricky because it is a very tiny number. and can be ultra sensitive. The profits per year cannot  even  pay the annual salary of a senior minister  in  the country of its listing. In  fact, most nano-caps can simply double their earnings if they are de-listed! For instance, the PE for a nano-cap can be a single digit and looks cheap and then earnings can double (or forecast to double). Then the investor(s), for some strange reason, expects the stock to trade at a double digit  PE multiple. Hence, the target price for a nano-cap like this can go to an unbelievable level. This nano-cap is just like the prawns in my tank - bottom feeders. Once the contracts from some super billion market cap company dry up, earnings do the other way. 

volvo125      ( Date: 15-May-2017 13:27) Posted: Cut all loose to take profits this morning. Jadason 1Q17 PAT ~$280K beats its 1Q16 earning but has fallen very short of its 3Q16 and 4Q16 earning momentum. Earlier, I had highlighted and was expecting Jadason earning to come in at $1.2mil ~ $1.8mil, targeting ~$1.55mil to be at least inline with its 2H16 earning recovery rate. Forget about the complicated DCF-FCFF valuation. A PAT of $1.55mil, if hit, will give a rough annualized EPS of 0.00858. At a lower end conservative rough and simple 10xPE estimate, it will give a Target Price of 0.0858. Incidentally, this is near to what Mr Market had naturally priced Jadason at 0.087 last done before the earning release last Friday. Now at $280K, it is only hitting 18% of its expected 2H16 earning rate. This gives a substantially much lower reasonably valued Target Price of 18%*0.0858 = ~0.016, based roughly on Jadason implicit earning capability now. At this juncture, Jadason is certainly not showing that it can sustain its 2H16 earning recovery rate. The stock price has way outrun its expected value and is currently very, very overpriced. At the more reasonable valued Target Price of ~0.016 that is directly reflecting on what Jadason is capable of delivering at this juncture, it is important to note that this is likely an extreme worst case, as indicated by Jadason management and also in the RHB report, earnings will only progressively improve from 2H17 or maybe only from early 2018 onward. I expect Jadason price will continue to fall very, very sharply in the next few months to reflect on the current harsh reality that its Fundamental in term of an expected impressive earning recovery momentum is still not really yet tangibly there .... may be not down to the level of 0.016, but certainly not at the current level even with a near 13% selldown this morning. I still believe Jadason will gather pace going forward in its turnaround effort, and that the 12xPE TP0.15 issued by RHB is reasonable, but for the longer run. Not now, certainly, Jadason Fundamental is still not yet solid and premature to support its Technical. In fact, RHB tag a 12xPE on Jadason FY18 earning, not FY17. Buy all back much later when Jadason earnings are more evidently steady and inline.

 

 

Slow n steady 

 

sell down on Friday

 

Seems to be in play today... 

 

power!!!

 

back to 0.079 and just sold my 150 lot that i bought few days ago when price dropped so much (my average price 0.07433) so made a few hundred dollars profit. what a relief coz thought i was going for another loss as i needed to sell before my due date.   still holding 100 lot at 0.079 that i want to hold for long term with TP of 0.15 (see recent report). i still believe this can go far, but underestimated play of BB, so i will still keep an eye on it.

 

back to 0.079 and just sold my 150 lot that i bought few days ago when price dropped so much (my average price 0.07433) so made a few hundred dollars profit. what a relief coz thought i was going for another loss as i needed to sell before my due date.   still holding 100 lot at 0.079 that i want to hold for long term with TP of 0.15 (see recent report). i still believe this can go far, but underestimated play of BB, so i will still keep an eye on it.

 

Engine start liao!

 

Hope this fella can rebound to the 80s/90s level :p