megawealth01: Did you enter because of the 400% said here?
Please don't follow all advise... Take small time and do your own research on any recommendation no matter who gave it... Las las we are all faceless here
This attempt by some people to bring down the price of Japaul is interesting. How are you comparing 2 companies operating in different industries? Ok o.
Pls note, I do not claim to speak on their behalf, but if a publicly quoted company claim on TV that they have secure 600,000 ounce of gold, I think they should be given a benefit of doubt. Also, if you look at their current board, it points to the direction that they want to go fully into mining
If you read through what I said, their mining business is not reflecting in their books yet. So yes, I feel they are been Conservative with the truth. Let us see what their 2024 Q1 says.
222Martins: Numbers don't lie.... I will rather err on the side of numbers than err on the side of an "Advert about the future." When the advert about the future starts to reflect on the numbers, we will take a second look.
Not necessarily. Recall sale of the 8m additional shares is not to the general public, so I don't see them selling into the market anytime soon. Also, if we go by the advert on their website, I think they are been Conservative with their result. There is no reference to the mineral mining revenue in their result. I am a bit surprised Loco is under selling is favorite JAPAULGOLD 😍
Locotrader: Multiverse with 400m os is set to make money for shareholders in the mining sector.
Japaul with 6b os already plus 8b shares for right issue which will bring the total os to 14b is worrisome to me.They need to work more on their revenue and profit because of this large os I am seeing.Dilution in sight.....
Secondly, their July to sept revenue/ profit declined and now the oct to Dec revenue/profit also declined.
I am worried how the Q1 2024 will be following these declines.They had a very good Q1 result in 2023.Does it mean the dredging business which is their main source of income according to report is no more giving them money or major contract is terminated?