Hi godsgatecity,

Just my personal opinion, i believe SSD will going to replace HDD one days but it may not happen in one or two year times.

few points that pop up from my mind

1. SSD technology not mature yet
2. SSD have shorter lifespan compare to HDD
3. The cost of SSD is about 20X of HDD
4. JCY is HDD components manufacturer and not HDD manufacturer like seagate, today they can manufacture HDD components, tomorrow they can assemble SSD components as well. just like car components manufacturer.

This post has been edited by alvincks: Aug 28 2010, 01:12 PM

Yes they can always become component manufacturer for SSD as well. Besides, for HDD to become completely obsolete would take like 10 maybe 20 years?

Lots of conflicts of interest - UBS AG and CIMB were the joint managing underwriters and bookrunners for the IPO

I take CIMB's report with a pinch of salt.

I can't even predict if i'll be around or not tomorrow let alone technology. heheh

Alvincks got some good points there.

JCY manufactures base plates, top cover assembly, actuator pivot flex assembly (APFA) and antidiscs, which are the mechanical components of HDDs.




Please check below disassembled pic of SSD. It shall be have no mechanical components required in fact.

Tailor, i wish you were sucessfully in JCY IPO @$1.90, first day listing close $1.46

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Added on August 29, 2010, 10:02 amCIMB is getting JCY for public listing @ $2.00, in the same month Feb2010 CIMB issue call warrant with a strike price @$1.35

every uncles and aunties know this, sohai buy shares reading FREE reports written by highly paid analysts funded by IB who thinks you all deserved it.

This post has been edited by Kinitos: Aug 29 2010, 10:02 AM

Yup. When I saw the scoreboard it was at 1.02.

Besides any irregularity in power supply might purge ur data for Flash Memory.

quote
CIMB is getting JCY for public listing @ $2.00, in the same month Feb2010 CIMB issue call warrant with a strike price @$1.35

every uncles and aunties know this, sohai buy shares reading FREE reports written by highly paid analysts funded by IB who thinks you all deserved it.

[/quote]

You are right.
That not only happened here. It happened in S.Korea some time ago. Well, the US IB, also a manager in the IPO ( I have forgotten the name) also wrote glistening recommendation on the stock. However, 2 months after listing, the same US IB, issued a sell recommendation.

i do agreed with his points and let's hope JCY can moving to the next level...

HDD is not going to lose out to SSD just yet, at least not for high storage capacity. However, it could make itself into notebook in 3-5 years time when the price has drop enough per GB.

However, desktop part will still use HDD as cost per GB will remain cheap and will get even cheaper.

Besides, it requires a huge investment to start shrinking Flash chips in order to house the number of them to increase the storage size. On the hdd however, it was much easier.

http://www.msnbc.msn.com/id/38903304/ns/bu...ss-motley_fool/

Intel warning. Here's the quote on JCY's 2 major customers:

My goodness... RM1.00 level broken... all my saving gone... i just simply pick a stock few months ago already take back my money instead of JCY .... all research houses said fair value RM2.00++

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Added on August 30, 2010, 11:18 amThe company also didn't take any action to prevent the share price drop further.... no buy back.. i think will become 2nd KNM & Titan soon....2nd largest IPO after Maxis ended up worst than a penny stock... shame

This post has been edited by mimicjcy: Aug 30 2010, 11:18 AM

Nowadays, better stay away from ipo. At least wait for a year to check their performance.
Almost all ipo perform badly...

those research cant be trust

Ai ya, same old stories since 1986!

Uncles and aunties gossip got more credibility than the so called PRO-fessional research!

I get so many of this junk in my in-box. i dun bother to read just delete them instantly.

buy jcy today at 0.980

thought that will be the lowest

but now its 0.965 !! wth !

2 weeks time we'll see 0.80

quote

[The company also didn't take any action to prevent the share price drop further.... no buy back.

[/quote]

Why should they take action to prevent the share price from dropping? After all, the IPO is for majority shareholders to cash out and those who applied for it are the buyers. As I have said, IPOs today are far different from those of the 1980s. IPOs nowadays are priced as high as possible n investors have to take high risk.

Now that it is below $1-00 it is probably less risky to buy and hold.

This post has been edited by Oracles99: Aug 30 2010, 08:18 PM

I think the support level is less than 90sen, wat say you?

[quote=Oracles99,Aug 30 2010, 08:17 PM]
quote

[The company also didn't take any action to prevent the share price drop further.... no buy back.

[/quote]

Why should they take action to prevent the share price from dropping? After all, the IPO is for majority shareholders to cash out and those who applied for it are the buyers. As I have said, IPOs today are far different from those of the 1980s. IPOs nowadays are priced as high as possible n investors have to take high risk.

Now that it is below $1-00 it is probably less risky to buy and hold.

[/quote]
You should put it this way. You will probably lose less if the company goes bankrupt