Perhaps we have more traders or gamblers in Malaysia than real investors...

Don't use the word gamblers la.....
Gambling is when you are hoping to get 1000% return knowing the process usually will result in in 99% loss.
for example you buy a 4 digits Magnum tickets than you are gambling but on the other side Magnum is not gambling since the operator don't loss money.

Here some ppl will make small profit and some will make small losses.

In JCY case once you know that your holding is over valued because the company is making a loss ... you just sell it and will buy again when the company is in a better condition.. I don't see anything wrong with that.
Just my view
Best Regards

If you check the dictionary you will get the real meaning of gambling...Everyone have their own opinion but the fact is gambling and trading is like the mouth and lips very close...

edit: don't want to offend, sorry

This post has been edited by Currylaksa: Dec 6 2010, 03:25 PM

Yes my friend you can have your opinion..
But just should remember the bad opinion on other people should just be kept within yourself....

i kinda agree ... a lot people treat stock as gambling without deep research and analysis ...

still deep research and analysis still not enough if external factor happen like n.korea bomb s.korea ....

BoltonMan,

You got my point! Traders or short term investors behave like gamblers. Normally they did not spend much time studying the stock fundamental and long term potential but rather want to have quick gain. Quick in and quick out. They derive excitement by seeing the stock moves and will not hesitate to dive in or jump out once they see the opportunity. That is a gambler behaviour because they behave the same - want to have quick gain by putting the money at risk. Real investors are boring because they put in the money for long term gain.

For those who disagreed I have no intention to offend anyone but there are a lot of books out there which explain the behaviour of the real investor vs trader or whatever name you want. The behaviour of the investors can be categorized that way. Sometime I am guilty too because I behave like a gambler but who don't?

fundamental: cyclical industry and it will turn to a good time.

technical: never break EMA, and still in downtrend. Not a buy signal

conspiracy: previous post mentioned about CW by OSK and CIMB. In this case, it will not let the CW in the money until March. Dont buy now

It is difficult to judge nowadays.
Economy cycle is no longer the same, and tech evolves and changing even more rapidly

Today your product might be hot selling and main stream, after 3-5 years, situation can change.

Just like tech bubble time, search engine like yahoo ruled the market and price sky rocketing, but after tech bubble burst, and situaiton change, google and facebook rise.

We never can assure tech stocks nowadays, it is even more difficult to judge and value than financial stocks.

Get the right one, big fat profit, just like RIM back then, or Apple.
Get the wrong one, despite economy recover, the stock might not recover with the same pace.

This post has been edited by cherroy: Dec 9 2010, 09:52 AM

Yes I agree. It is always going down faster than going up. Now is still going down, not the right time to buy. Don't trust the indicator like the MACD or Stoic graph too much as a lot of time give you the wrong signal! Or perhaps I am not pro yet reading those indicators!

patients my young padawans. If you can afford it, buy and keep. the share will go up.

This post has been edited by lchan: Jan 12 2011, 03:08 PM

Type
:
Announcement
Subject
:

JCY INTERNATIONAL BERHAD (“JCY” OR THE “COMPANY”)

(I) PROPOSED EXECUTIVES’ SHARE OPTION SCHEME (“ESOS”) FOR THE ELIGIBLE DIRECTORS AND EXECUTIVES OF JCY AND ITS SUBSIDIARIES (“JCY GROUP” OR “GROUP”) (“PROPOSED ESOS”); AND

(II) PROPOSED PURCHASE OF ORDINARY SHARES IN JCY OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF JCY (“PROPOSED SHARE BUY-BACK”)

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

Contents
:

Please refer to the attachment on details of the announcement of the Proposals.

This announcement is dated 28 January 2011.


javascript:emoticon(':hmm:')
Saw this on announcement on Bursa.

How this would impact on this share? Any opinions??




Attached File(s)
 JCY280111.pdf ( 153.05k ) Number of downloads: 28

any news fot this?

Anyone has got any research paper / update on this counter?

lucky i sell already this crap counter.. cut loss and looking today price, i still hepi i make a good descisson before this.

because hard disk will have difficult year ...

I agree there is a glut in the market for hard disk.
More than a year ago I purchase a External 320GB hard disk for RM300, later for the "same" price I got a 500GB and later for 1TB (1000GB) and 2 months ago I bought a 2TB (2000GB) all for almost the same price.

yea... really crappy hard disk stock, lost more than 30% dy on this. Prices of its products getting cheaper, i think within 5 years time harddisk will be phased out by other cheaper and better alternatives. As of now still holding to it, but gonna dump soon... sigh*

True....Lost alot almost half of what i invested...sakit perut when think about it..dont want t ohold any longer...afraid will drop more n more...

i hold it since ipo, really painful lost for me. this counter is the worst one in my porfolio.

Since already lost so much, will just hold and consider this is a rubbish stock.