JENTAYU SUSTAINABLES BERHAD

KLSE (MYR): JSB (5673)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.90

Today's Change

+0.01 (1.12%)

Day's Change

0.885 - 0.90

Trading Volume

15,688,500


3 people like this.

1,628 comment(s). Last comment by damansaraeagle 3 days ago

Stocker

1,452 posts

Posted by Stocker > 2023-05-24 09:52 | Report Abuse

0.875 nice

jojo85

385 posts

Posted by jojo85 > 2023-05-24 13:06 | Report Abuse

Aiiiyyaaa...Why son still sleeping?

Stocker

1,452 posts

Posted by Stocker > 2023-05-25 13:06 | Report Abuse

mother gogogo

Michael Kwok

5,668 posts

Posted by Michael Kwok > 2023-06-30 22:09 | Report Abuse

Price 86 cents
89 resistant
84 support
If break support tp 70-73 cents
30/6/23 10.10pm

goody99

1,720 posts

Posted by goody99 > 2 months ago | Report Abuse

has been up a lot. Big fund has been selling for months. The risk is higher than the reward now.

Justmeme

176 posts

Posted by Justmeme > 2 months ago | Report Abuse

I think 93 to 94 cts would be a possibility once it is back in the black in coming announcement

samuraijo

31 posts

Posted by samuraijo > 2 months ago | Report Abuse

JSB
: Technical confirmation of Uptrend

Half day closing today JSB price again showing a great buyer support. as of 1230pm today, JSB trading value slightly above half of yesterday volume and possibly will close again today with a high volume. (Possibly higher than yesterday volume.) This high volume is important as it show that price is going up with huge support. As the price is going up, the dynamic support also will follow to go up. Today MA20 is at 0.873 compare to last 2 weeks at 0.8628 when the price was still below the MA20 and closed at 0.85 (3rd July 2023).

Recent 1st BUY signal was on 7th July 2023, when JSB price closed above its MA20 at 0.87 against its MA20 at 0.8625, right after that, JSB price continue to stay above its MA20 line until today.

Yesterday, after a convincing higher close at 0.915 above the cloud level of 0.8975, JSB price jump above the cloud with a strong volume in the morning, this could be a very positive sign that price will continue it upward trend movement. As long as JSB price is above the cloud, JSB price is considered to be bullish. According to Ichimoku strategy, it is a strong BUY signal when price break away above the cloud, and in Ichimoku trend riding strategy, we will stay in buy position as long as the price is above the cloud. This Ichimoku trend riding strategy is not about buying a stock at the lowest price and selling at the highest, but to catch the trend, buy when it go above the cloud and sell when the price fall below the cloud.

TREND

MACD is showing that the price is strongly trending up as the gap between MACD and the Signal line is getting wider. this postive MACD trend support the Buy signal in Ichimoku, and the moving average too.

Momentum

RSI jump above the 70 value shows that JSB is entering the Overbought territory, this show that buyer is in control compared to the seller, as long as buyer keep buying, RSI will remain in the Overbought territory. Buy signal on JSB based on RSI came on the 6th of July when RSI break above 50 value. on that day JSB price was trending in between 0.865 to 0.875 and closed at 0.87, even if one bought at highest price on that day, one still in profit today. Following a momentum strategy using RSI, one will buy when the RSI break above 50 and stay in buying position until RSI break below 50.

Support and Resistance

Looking at JSB daily Fibonacci chart, price is clearly breakout above the support/resistance zone (0.85 - 0.895). What this mean is, price potentially will test it immediate resistance at 0.95 which is the previous high price and the next significant resistance is at 0.988 (0.99) which is the Fibonacci 1.414 level, normally at this level, higher chances is that, prices will test the psychological rm 1 level. In my Opinions, if the buy activity continue with strength as shown in the past couple of days, JSB prices could easily break rm 1 and stay supported above that price. if this happened, it will soon test the rm 1.12 target at Significant resistance of Fibonacci 1.618 level, which is also known as the Golden Ratio level.

Greensky2

44 posts

Posted by Greensky2 > 2 months ago | Report Abuse

Hope you all still keeping it.

troy88

2,224 posts

Posted by troy88 > 2 months ago | Report Abuse

why this losing money company keep going up?

Greensky2

44 posts

Posted by Greensky2 > 2 months ago | Report Abuse

Stock about potential growth income. Jsb is solid. There are several Investment Banks reports on them.

Greensky2

44 posts

Posted by Greensky2 > 2 months ago | Report Abuse

Warrant beautiful!

samuraijo

31 posts

Posted by samuraijo > 2 months ago | Report Abuse

Broke RM1. Beautiful. More good news coming!!

Tibbers

526 posts

Posted by Tibbers > 2 months ago | Report Abuse

Nice counter, all time high counter and above Rm1, good catch.

Justmeme

176 posts

Posted by Justmeme > 2 months ago | Report Abuse

1.22

damdd44

26 posts

Posted by damdd44 > 2 months ago | Report Abuse

Game over

Justmeme

176 posts

Posted by Justmeme > 2 months ago | Report Abuse

believe me... it will run soon

samuraijo

31 posts

Posted by samuraijo > 2 months ago | Report Abuse

https://theedgemalaysia.com/node/675611

This is a game changer for JSB!!!! Japanese giant, Sumitomo looking to partner with JSB to develop JSB's RE projects!!

Justmeme

176 posts

Posted by Justmeme > 2 months ago | Report Abuse

Looking for a big jump tomorrow

Posted by keluarpattern > 2 months ago | Report Abuse

@Justmeme, really big jump. still can enter now?

rr88

5,840 posts

Posted by rr88 > 2 months ago | Report Abuse

Shooting star. Cut loss.

Posted by keluarpattern > 2 months ago | Report Abuse

1.06, i see reversal pattern, bull run soon

Syndicates

826 posts

Posted by Syndicates > 2 months ago | Report Abuse

nice home run

Simple Man

895 posts

Posted by Simple Man > 2 months ago | Report Abuse

take profit and wait for next reentry point.

Posted by keluarpattern > 2 months ago | Report Abuse

no profit le, i baru enter at 1.06, wait 1 month see how, if drop below rm 1 then cut loss

Greensky2

44 posts

Posted by Greensky2 > 2 months ago | Report Abuse

Entering new phase. With giant Sumitomo, funding won't be any problem. Sumitomo has 100% success rates for all their ventures.

Greensky2

44 posts

Posted by Greensky2 > 2 months ago | Report Abuse

You won't go wrong with JSB, more upside. Bullish pattern for short and long term cycles.

Posted by keluarpattern > 2 months ago | Report Abuse

buy 10% and pray now, hope got spark soon.

rr88

5,840 posts

Posted by rr88 > 2 months ago | Report Abuse

Ipmuda. Old, rusty battleship.
Top reversal in place. Tp 0.86.
Sell.

Greensky2

44 posts

Posted by Greensky2 > 2 months ago | Report Abuse

Good recognition because Sumitomo vetting process is gold standard.

Posted by keluarpattern > 2 months ago | Report Abuse

if drop 3 more sen i cut loss

BanyakZhun

214 posts

Posted by BanyakZhun > 2 months ago | Report Abuse

Thanks for the handsome profit. Warrant??? Good investment for 7 mths wait

BanyakZhun

214 posts

Posted by BanyakZhun > 2 months ago | Report Abuse

Warrant tengah panas ke?

BanyakZhun

214 posts

Posted by BanyakZhun > 2 months ago | Report Abuse

@Greensky how are you? 👍👍👍

Greensky2

44 posts

Posted by Greensky2 > 2 months ago | Report Abuse

BanyakZhun, Good. Thank you 😁

Justmeme

176 posts

Posted by Justmeme > 2 months ago | Report Abuse

No need to cut loss. This stock after flushing all the weak sellers will run again. Should be rising again this week to new high

Greensky2

44 posts

Posted by Greensky2 > 2 months ago | Report Abuse

Salient Points:
(a) Joint development and investment into the JSB’s Existing Projects

JSB and Sumitomo Corporation (collectively referred to as the “Parties”) have indicated intention to jointly develop renewable projects in Malaysia. These projects include, but are not limited to a 170MW hydro power plant project that JSB is in the midst of developing, and such other renewable energy projects being developed by JSB.

(b) Joint operation of company conducting business related to power plant projects

The Parties have indicated interest for a joint operation and management of the collaboration, through board representation, management committee and/or any such similar manner as may be discussed.

(c) Joint development and investment into other potential renewable power plant projects

The Parties have indicated interest to explore pipeline renewable power plant projects currently pursued by JSB. For these pipeline projects, the Parties may come into an agreement to jointly develop and invest directly into the Ordinary Shares of any potential project companies.

Greensky2

44 posts

Posted by Greensky2 > 2 months ago | Report Abuse

One of significant milestone. They can benefits from Sumitomo experince in managing and funding mega projects. Their participation including representation in boards and shareholder.

Greensky2

44 posts

Posted by Greensky2 > 2 months ago | Report Abuse

Holding well

Posted by Lee Ying Yee > 2 months ago | Report Abuse

pp 82c ??loss company can pp high price ? like permata .haha new game in busar ?

damdd44

26 posts

Posted by damdd44 > 1 month ago | Report Abuse

Everyday closed red, no hope already

Justmeme

176 posts

Posted by Justmeme > 1 month ago | Report Abuse

Have hit bottom

Posted by Amir_Miraj > 1 month ago | Report Abuse

tmr enjoy the ride

$$ BUYSELL $$

1,607 posts

Posted by $$ BUYSELL $$ > 1 month ago | Report Abuse

value 0.82 cents only

Posted by damansaraeagle > 3 weeks ago | Report Abuse

CHEAP STAKE

Posted by damansaraeagle > 1 week ago | Report Abuse

JSB is being sold out, which has caused its listed price to drop from 0.95 cents to now only 0.84 cents. This allows opportunistic individuals to deceive inexperienced traders and potentially lead them to lose their hard-earned money. Subsequently, they buy more to drive the price up to RM1."

Posted by damansaraeagle > 1 week ago | Report Abuse

JSB lowest yesterday at 0.83 and today 0.85 . Good Luck everyone for tomorrow's drama

Greensky2

44 posts

Posted by Greensky2 > 1 week ago | Report Abuse

Still solid. Those assets already producing recurring income. The issue here, the acquisition process by Bursa, probably need another month or two. So that need to be happen, before we can see the account of JSB can incorporate those income.

Posted by damansaraeagle > 5 days ago | Report Abuse

Jul 14 Third quarter 2023 earnings released: RM0.019 loss per share (vs RM0.022 loss in 3Q 2022) May 24 Second quarter 2023 earnings released: RM0.01 loss per share (vs RM0.29 profit in 2Q 2022)

Posted by damansaraeagle > 3 days ago | Report Abuse

Greensky2, you are right. Now is 0.88

Post a Comment