Im thinking lookin at the support level at RM 0.445 and RM 0.45 ....tomorrow JCY will be back to RM 0.48 support level i think .. )

i Think this one will hit 30 cents ish.....next few quarter of losses..probably become 20 cents ish...and finally below 10 cents ish...that time can sapu la....

B1. REVIEW OF PERFORMANCE
The Group recorded revenue of approximately RM395.2 million and loss before taxation ("LBT") of RM31.8 million for the
3rd quarter ended 30 June 2011. The revenue was lower by about 17.8% as compared to the corresponding quarterly figures
due to the lower average selling price (ASP), lesser volume of shipments and depreciating USD against Ringgit.
The Group incurred a gross loss before taxation due to higher raw material prices, inventory provision resulting from
depreciating USD and slow moving stocks. In addition, shortage of workforces affected the production output and increased
the cost of the direct labour.

B2. COMPARISON WITH PRECEDING QUARTER'S RESULTS

The Group recorded revenue of approximately RM395.2 million and LBT of RM31.8 million for the reporting quarter. In the
preceding quarter ended 31 March 2011, the Group recorded a turnover of RM397.4 million and profit before taxation (PBT)
of RM12.5 million. The Group's turnover decreased by approximately 0.6% due mainly to decrease in ASP and unfavourable
exchange differences as the Group's turnover was majority billed in USD.
Increase in raw material prices, shortage of workers and depreciating USD resulting in inventory provision (i.e. net realisable
value was lower) contributed to the increase in the cost of production in the current quarter.

B3. FUTURE PROSPECT
The sovereign country debt problems in Europe and USA may slow down the global economic recovery. The demand for
HDD is also affected by media tablets. Nevertheless the global demand for storage capacity is increasing due to demand
from cloud service providers, data centres and other network content providers. The Group will continue to intensify its
efforts to improve operational efficiency and cost management.

the way i see this JCY is it has not finish its downtrend..wave still not complete..i it has a long way to go(disclaimer)

THINK twice before buying shares of a company that will not include the issuance of new shares but the sale of existing shares by its original shareholder(s) during the company's initial public offering (IPO) exercise.

Based on previous news report, YKY Investment Ltd, controlled by Malaysian businessman Y.K. Yong, had originally wanted to sell some 530.2 million existing shares, or 25.9%, of the company to institutional and non-institutional investors at RM1.60 to RM2.20 per share.

forget about this counter la..still got people talk about it ar?....

  I miss the show liau..