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 JCY

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sotong168
post Aug 18 2010, 06:47 AM

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QUOTE(fatw3apon @ Aug 17 2010, 10:49 PM)
Great, everyday drop, donno what to do with it. Kept in the freezer T_T
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when did u buy-in? as u may know techie stocks is cyclical, it's good that if u hv any frenz (at management level, esp the material or procurement dept) that work in wd, sg hit, they may give u some insight about the hdd mkt demand
yong417
post Aug 18 2010, 06:30 PM

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QUOTE(sjz @ Aug 17 2010, 11:58 AM)
The Star didn't write the details but chinese press Sin Chew wrote HDD factory in Kawasan Perindustrian Tebrau IV...
So confirmed is JCY, don't think there's any other HDD factory in Kawasan Perindustrian Tebrau IV, some more today newspaper can see their bangla, nepel worker etc. etc. wearing JCY uniform...
They stopped working starting from yesterday, don't know had the problem been resolved... But this should be a serious 1, Sin Chew reported that their foreign workers stay in a utmostly poor situation in which 2 people in different shift sharing 1 bed and their pay is less than RM500..

But their share price seems to be moving the other way round... tongue.gif
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seems like JCY has resolved the issue..

and the employees "look" happy... sweat.gif

This post has been edited by yong417: Aug 18 2010, 06:32 PM


Attached File(s)
Attached File  press_release__17_aug_2010.pdf ( 390.98k ) Number of downloads: 84
Currylaksa
post Aug 19 2010, 03:26 PM

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In my humble opinion, their PE is still a bit too high ohmy.gif for this kind of cyclical HDD stock in a mature industry.

Even Seagate's PE is around 3-5 only, also they just announced SSD joint ventures with Samsung. SSD is supposedly the long term replacement for HDD.
BrendaChee
post Aug 19 2010, 06:10 PM

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Is it mean that JCY is going to close shop soon? I am still holding JCY that i bought RM 1.50.

Everyday also down down down....no eye see.
officeBoy
post Aug 19 2010, 10:51 PM

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I still optimistic on JCY, anyone have idea when is the quarter report out ?
Currylaksa
post Aug 20 2010, 09:39 AM

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http://www.tomshardware.com/news/eee-ipad-...eepc,11110.html
chgchksg128
post Aug 20 2010, 11:03 AM

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what is the NTA for JCY?
asset=1,575m
liabilities=639m
total shares=2,044.9m
NTA=0.457
far lower than others
Darkmage12
post Aug 21 2010, 06:15 PM

shhhhhhhhh come i tell you something hehe
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JCY quarterly profit did not dipped also if compared to last quarter so what's the big hype?
officeBoy
post Aug 21 2010, 11:24 PM

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guess is again a victim hit by media and traders, the result is better if the main customer like WD and Seagate ...CIMB set target price at RM2.20 ....
Darkmage12
post Aug 22 2010, 10:34 AM

shhhhhhhhh come i tell you something hehe
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QUOTE(officeBoy @ Aug 21 2010, 11:24 PM)
guess is again a victim hit by media and traders, the result is better if the main customer like WD and Seagate ...CIMB set target price at RM2.20 ....
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media claims that Ipad killed the HDD market lolz. Well their main customers also slash their margins thus causing JCY to suffer and yet JCY did not show any dip in quarterly earnings hmm.gif
Oracles99
post Aug 22 2010, 10:54 PM

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maybe it will only show out in the next quarter. But it is no big deal. This tech business is cyclical
fatw3apon
post Aug 26 2010, 09:24 AM

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how do i check JCY AGM meeting date?
Darkmage12
post Aug 27 2010, 10:27 PM

shhhhhhhhh come i tell you something hehe
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JCY will touch RM1 soon doh.gif
vileparle
post Aug 27 2010, 10:47 PM

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QUOTE(Darkmage12 @ Aug 27 2010, 10:27 PM)
JCY will touch RM1 soon doh.gif
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I think you mean...will break...coz it already touched RM1 today smile.gif
mimicjcy
post Aug 27 2010, 10:55 PM

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after reading the below blog.... really can't sleep at all . My cost is RM1.85 - 30 lots...JCY CA RM0.305 - 100 lots (expiry date Mar 2011)


http://whereiszemoola.blogspot.com/
alvincks
post Aug 28 2010, 07:24 AM

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Sorry to heard that mimicjcy ....just a humble suggestion, may be you should think of cut off portion by portion, at least holding some cash for other counter strike if necessary, i would suggest stay away from market now as the market really unstable now, those good stock like IJMLAND which just announced almost 100% profit up and the price of share go down, and those big cap stock like SIME make losses and rise in stock price, doesn't it weird ?

Bright side of JCY in this quarter included reduce in long term borrowing, higher in account receivable and operating cash

By estimating the EPS = 12-13 , i really think JCY worth at least 1.20-1.30 with 5% dividend return.

This post has been edited by alvincks: Aug 28 2010, 08:48 AM
W.ROOK
post Aug 28 2010, 11:41 AM

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QUOTE(mimicjcy @ Aug 27 2010, 10:55 PM)
after  reading the below blog.... really can't sleep at all . My cost is RM1.85 - 30 lots...JCY CA RM0.305 - 100 lots (expiry date Mar 2011)
http://whereiszemoola.blogspot.com/
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That zemoola is only pointing out that CIMB research got it wrong thats all.

W.ROOK
post Aug 28 2010, 11:49 AM

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QUOTE(Darkmage12 @ Aug 22 2010, 10:34 AM)
media claims that Ipad killed the HDD market lolz. Well their main customers also slash their margins thus causing JCY to suffer and yet JCY did not show any dip in quarterly earnings hmm.gif
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Flash Memory in Ipad max at about 60Gb (I could be wrong) wherelse HD can go in TB's
Now which one you prefer? Bought a laptop 3mths ago with 500GB storage and I'm running low in space......lol
godsgatecity
post Aug 28 2010, 12:33 PM

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QUOTE(W.ROOK @ Aug 28 2010, 11:49 AM)
Flash Memory in Ipad max at about 60Gb (I could be wrong) wherelse HD can go in TB's
Now which one you prefer? Bought a laptop 3mths ago with 500GB storage and I'm running low in space......lol
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for the time being you might say so but in few years time you will know cos the technology that's what we can't predict...
SUSKinitos
post Aug 28 2010, 01:01 PM

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how come 40" plasma tv now only $3500 a piece not selling over $40K anymore?

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