JES Intl   

JES deeply undervalued compared to peers

Oh, i haven't gotten into it before just looking for 3-day contra opportunities lately. Thought this one has potential now. But i'm very inexperienced so no clue whether that makes sense...

 

Yes ignore the sound but did u cash out when it was> 14cts? Otherwise got caugfht liao..I just sound note of caution as I was lucky to escape for this JES and hence don't want fellow forummers to get caught in JES..wish u luck 

Buy Sell JES SGD 10,000 0.127 0.128 45,000 0.130 -0.002 -1.520 4,021,000 0.132 0.125

aj2invest      ( Date: 06-Nov-2013 14:58) Posted: So why is it dropping today? Good time to buy in for short term?

 

So why is it dropping today? Good time to buy in for short term?

 

 

 

Good move by JES to diversify into commodities/materials. These materials will be in great demand in the future as China  upgrades into a developed country

 

Magnesium, is a versatile mineral and can be processed into multiple raw materials to be used in the following industries:

 Magnesium ingot which is the lightest structural metal to replace steel to reduce weights of transportation vehicles in order to meet the increasingly demanding and legislated Carbon dioxide emission requirement.

 Silica for used in tire, rubber products and electronic industries.

 Magnesia for used in refractory, construction and many industrial applications such as fire resistance materials.

 Fertilizer and animal feeds for the agriculture industry.

 Refined magnesium products are also widely used in the medical and health care industries

 

Mg and Ni are hot materials. Hot, hotter and hotterrer for this stock to keep on moving up till CNY

 

 

"


Mineriver in process of acquiring mineral exploration rights, and later the mining rights, for metals and minerals, including Magnesium and Nickel, in Xinjiang, China, to consider future listing. Acquisition staggered in three tranches, Mining value of the relevant assets estimated from Joint Ore Reserves Committee report to be not less than S$60 billion, measured plus indicated excluding inferred, for JES to invest and own a stake up to 30%. In line with Group's strategy to have a more diversified portfolio of assets, thereby diversifying industry risk to build sustainable, long term revenue streams for the Group."

 

http://infopub.sgx.com/Apps?A=COW_CorporateAnnouncement_Content& B=AnnouncementToday& F=1021078#.UniUuvlmg68

 

JES International to invest in potential mining assets as it is acquiring up to 30% stake in Mineriver for S$127.0 million 

 

 

More like getting new contracts

 

" JES: Secures Up To US$40 Million Financing From US Fund.
JES International Holdings Limited has entered into a Loan and Maintenance Agreement with an US-based private investment fund. Under the Agreement, the Fund will extend a loan facility amounting to a maximum of US$20.0 million for three years at a one-time upfront fee of 5% and an annual maintenance fee of 5% per annum. JES also has an option for an additional US$20 million under the same conditions, if approved by the Fund subsequently. The Group is expecting to utilise the funds available for working capital purposes and any potential merger and acquisition opportunities that may comes along..."

 

 

 

Why Halt?

Good news coming?

jimmy02tan      ( Date: 17-Oct-2013 16:32) Posted: do you think it might privatise?

 

wi  w

 

Report says that only those big shipyards gets contract. many small ones whom can't get business might be forced to close.

Hopefully   JES is not one of those..................................  

 

Even now don't ever average down best to avoid completely will go < 10cts like sinotel,sinostar,etc

JarolLo      ( Date: 10-Sep-2013 11:22) Posted: I see just a few seconds movement. So much of fake buying q moving up and down. Be careful. Sis Starlene is right, better loss the opportunity than losing your pants. starlene      ( Date: 10-Sep-2013 11:10) Posted: Avoid better,upside the most 16cts..then will drop back..recalled a few years..one analyst from DBS Vickers claim jem..it shot tom 38cts and most trapped..was luck to hve sold 35-37 all buying 24-25 ..after that it was downhill all the way...that time it achieved record profits,now in record losses..ask yrslf downward pressure greater...not vested anymore..just my frank advic

 

do you think it might privatise?

 

Any idea why is stock drop so much today ?

 

ya ya ..... buy some n keep

 

undervalued...

Collect more....

 

Any Jes supporter now?Can share your. Opinion about this stock eg.good or bad.and TP ?thanks.

 

any other reason y u think its undervalued?

takemenow      ( Date: 03-Oct-2013 22:26) Posted: Eh, JES is a very undervalued stock and yet cannot even hit 15 about half its NAV. Probably needs viagra to boost its rise

 

Eh, JES is a very undervalued stock and yet cannot even hit 15 about half its NAV. Probably needs viagra to boost its rise