JurTech   

JurTech

Free Falling !!!

Get out ASAP

 

gentlemen, it is bleeding to 0.88 now... if you see the graph in year 2003, you can realize there is no support point (because the graph is almost like an exponential curve, while it shot up so fast so high from 0.30 to 0.90 between Feb to Sep 03), therefore, this drop can be quite happening.. that's just TA point of view.. maybe if it drop to 0.85, really must think of cut-loss..

not vested.

 

I will hold this baby if anyprice purchased below 1.10. I believe it will surely rebounce back to 1.00 level this year... if u can hold, why not.. unless it keeps dropping next week...

 

Date of change of Deemed Interest

09-03-2007

The change in the percentage level

From 6.66 % To 5.55 %

Date of notice to issuer *

12-03-2007

Name of Substantial Shareholder *

JPMorgan Chase & Co. and its affiliates

Date & Time of Broadcast

15-Mar-2007 17:22:05

Note the sale was on 09 Mar and the broadcast is 15 Mar, a lapse of 6 days. Disadvantage to the public as the news is only known after 6 days. Advantage to BBs.

 

Recent BUY recommendations by CIMB = Target Px $1.71 (19/1/07) & DBS TP = $1.25 (24/1/07).  But it has lost Maxtor's HDD desktop business following the latter's merger with Seagate, thus its NTA of $0.52 and EPS of 15.82 cts may have to be heavily discounted as Maxtor is their big customer, unless this loss is compensated by new businesses or new clients. IF JP Morgan were to continue dumping its remaining 5.5% all hell will break loose, watch the next few days insider trade closely.....

 

Notice in today SGX announcement broadcast at 1722hrs, that JPMorgan Chase & Co had trimed their stake in Jurtec from 6.66% to 5.55%

 

TA wise, from candlestick chart, there was a DOJI yesterday and also it's below its 200-day moving average.  If it's for me, and pending the DOW continuing to ascend, I'll hold, but with a cut-loss at $0.875 (-20% from your purchase price).  Please note that this is just my opinion.  Final decision still lies on yourself.

 

Holding 15lot of jurtech at 1.09.

Ever since I bought the stock, it goes all the way down until today 0.9 which is down by about 18%, -$2800.

JurTech seems to be moving down everyday when other stocks actually rebound a bit when STI is up.

Do you like it will continue to drop? Is it worth to continue to hold in my current situation and collect dividend?

What is your point of view?

Any suggestion?

Thanks

 

NO NO NO NO NO... oh no... I did not say that..

I believe, it works this way exactly... there is one BB, say , he has 2000 lots on hands.. He intends to sell away anyhow.. but at the same times, he doesn't want to sell at 0.89 even! He is smart , he knows no matter what, people are interested to buy at 0.895.. so, what he is doing is just wait until people accumulate to queue to buy at 0.895, then, he will just let go... this scenario is so simple to spot started from 2 pm until now 4.22 pm, u see the pattern, it is obvious! and this is not called shorties playing this stock, NO! , if so, this stock will drain down so fast that u can't even believe it.. In conclusion, this BB wants to sell all his stakes, but at the price of 0.895... maybe i am wrong also la.. but.. high chance.

 

Jack, you meant there are shorties at play with this stock !

 

sohguanh, i think u might misunderstood what I mean... do I need to explain further? if so, I will do so.. else, never mind la.. the pattern is indeed the same , as you can see now..

 

Report by Company on 26 Feb 2007 :

. Strong vol growth of wireless PCBA and accessories

. Successful efforts to diversify customer and product base to multiple revenue streams 

  and maintain steady growth

. Final div of 3c + interim div of 2c =32% of FY2006 earning.

 

$(millions)	FY2006	FY2005	Change(%)
Revenue	1265	1928.4	(34.4)
Net Profit	70.3	66.4	5.9
EPS	15.82c	14.65c	7.9
NAV	52.2c	44.96c	16.1

 

CIMB-GK Research Reports (28 Feb 2007)

. 4Q06 margin hurt by greater contributions from older prog & higher operating cost

. Margin pressure+lack of major new prog+seasonal weakness in1H07=earning   

  disappointment again.

. New programmes and customers to start mostly in 2H07

. Deteriorating balance sheet is a concern. Net gearing surpasses the 1x cap set by mgt.

Looks like CIMB has big influence on investors. They mention HPL value is at $8.10, and it cheong, it downgrade JT from outperfom at $1.71 to Neutral at $1.14, it nosedive.

 

Did you pay extra monies to be able to view all the different prices queueing at the counter? I only can see done deal of buy/sell and the timing. I cannot see other ppl queueing at different pricing for the counter.

 

hello gentlemen, if u notice the trend from 2 pm until 2.58 pm ( now) , u will see, those sellers with big lots (more than 10 lots), are waiting buyers to queue to buy at 0.895.. they are waiting until there is good amount of lots, say, 100 lots queue to buy at 0.895, and they start throwing big lots to clear all the buy queue 0.895, drop back to 0.89, and wait for a while, for those to queue to buy 0.895 , then, throw again.. this on and off for at least 4 times.. and let's see, if this countinue after 3 pm... i am on the queue now, but queue below 0.89, heee... so, i won't get it today la.. just queue to try my lucks.

 

Perhaps the directors should buy up to show support and prove that its price is very low - just like what other companies directors are doing !

 

Fast to drop, slow to recover! PE ratio of 6 is quite good. FA is also good. Why keep on dropping ?

 

Vomit blood muz call ambulance quick. Call ambulance emergency muz pay monies or not ar?

 

wah biang, vomit blood at 0.895

 

why so many sell down at 0.90??? well, if you buy now, the price is back to September 18, 2003, wow, more than 3 years back price, what a good bargain, with all time high 2.10 in september 2005..

good bargain price, hmm.. will go in soon... cheers!

 

sound like many SJforumer bought this counter... hmm... 0.905 now.