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 JCY

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cherroy
post May 8 2012, 03:33 PM

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QUOTE(stargate8 @ May 8 2012, 11:28 AM)
hm, why worry about the falling price?

If JCY Q2 perform well or better than Q1, then it is promising right?

i may start worry if it falls below 1.40. was hoping it is rising steadily till 1.8x.
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JCY Q2 may highly still perform well, but Q3, Q4 onwards, still a bit unknown.
As we see recent few week, HDD price out there is start going down already, quite a lot lately in recent week.
cherroy
post May 18 2012, 09:54 AM

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QUOTE(DurianCoconut @ May 17 2012, 10:33 PM)
they just announced their quarter results ! good news!!
here is the source: JCY International quarterly earnings surged 1,209% to RM 163 million on better HDD component selling prices and higher sales volume due to shortages in supply from Thailand floods

apparently they benefited from Thailand floods, similar to a H1N1 for rubber gloves? flex.gif  drool.gif
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You need to compare the Q2 result with Q1.

As HDD price should have passed its peak level, and should normalised as time goes, which may affect the future earning result and sustainability of Q1 and Q2 result.

 

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