Ann: China International Import Expo/ Capital Raising, page-252

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Pidgeon

357 Posts.

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01/03/18

17:09

Post #: 31458613
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Originally posted by michaelx ↑

10% price fluctuation is nothing for JAT. Jat share price increased 200% in the past 2 weeks, it would of course scare some people, for example, those who analyse stocks based on charts, etc. A little correction is healthy. No stock is green everyday.

It's quite obvious, people who invest in Daigou business pulled some funds from Jat to buy AU8, AU8 was below $0.3, way too cheap, had 16% up today. It might be pure speculation, but JAT should at least be worth more than AU8.

I think it was wise for JAT to layoff some of its Daigou business. Daigou has very low profit margin, basically if Jat had put more effort into Daigou, it might have made more revenue and maybe even a little profit. But instead, Jat put the effort into more profitable infant formula business, look at where it is now, discussing with JD and SDC, standing on the shoulder of giants.

Few weeks ago, when Dow index dropped 10%, most people were panicking, Buffett bought heaps of shares at low price, see how indexes bounced back immediately !! My friend and I bought more shares today, we might see small fluctuation in short term, but long term it's very bullish, in my opinion.

Trust the process

DYOR GLTA

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With a couple of down days on the DOW we have held up quite well. In saying that i exited today as it broke thru the support and will possibly head lower to 16c then 13c. Hopefully for the holders it bounces strongly and no doubt will have great value MT to LT.
Cheers Pidg

JAT Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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