JP Power - Is there a future?
Telah dikemas kini
The company has managed to sell its fixed assets in order to get relief from its massive debt. Now the profits rather than getting consumed in paying debt have started to get accumulated. It might soon come out of grey waters as they are starting to show positive net profits.
The book value of the company is at 14+, this is the price level which will reach when everything becomes fine(ish). I will accumulate more JP Power at mentioned price zone.
Disclaimer - This is not a buy/sell advice. This is just an educational video to show how prices work.
Script credits - wbvivek
The book value of the company is at 14+, this is the price level which will reach when everything becomes fine(ish). I will accumulate more JP Power at mentioned price zone.
Disclaimer - This is not a buy/sell advice. This is just an educational video to show how prices work.
Script credits - wbvivek
Nota
Price *can* (not will) bounce back to support. I have accumulated stock at 3.2, 3.6, and 3.8. Retracement will just create another chance to accumulate. Waiting for the price to fall like that in the future is just speculation.Dagangan aktif
First booking zone reached. Holding for 2nd target.Dagangan aktif
Target 2 reached. Booked partially, rest holding for book value
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.