JCY
|
|
 Dec 16 2009, 02:03 PM, updated 17y ago
Show posts by this member only | Post
#1
|
 
Senior Member
5,195 posts Joined: Jan 2003 From: 500 year old rock ADHD   
|
This company going to come out soon next year and will be second biggest IPO after Maxis. So what u guys think of this company? Worth to invest in it? Since the mexter incident that drop to 10 cents now, kinda wonder...
The JCY group is a market leader in hard disk drive components and a leading precision engineering manufacturer of HDD mechanical components. Prospectus: http://www.sc.com.my/main.asp?pageid=824&m...=&linkid=&type= |
|
|
|
|
|
Dec 16 2009, 03:16 PM
Show posts by this member only | Post
#2
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
Lol, how could it be BIG? In what sense?
Just a small component maker for Hard-disk companies, not selling hard-disk? Nah, BUY after listed is better approach. |
|
|
Dec 21 2009, 10:56 PM
Show posts by this member only | Post
#3
|
Senior Member
984 posts Joined: Nov 2008
|
JCY's net EPS for y/e Sept 2009 is 0.10cts. Its issued capital 2,044,860,000 shares of 25 cts par value.
Roughly, you are able to make an educated guess as to how much it is worth. CIMB has indicated a market capitalization of RM3 to 4 billion. Its IPO price should be around RM1-50 implying a PE ratio of 15 times. How high can it climb post listing? This post has been edited by Oracles99: Dec 21 2009, 11:12 PM |
|
|
Jan 11 2010, 09:58 PM
Show posts by this member only | Post
#4
|
|
Junior Member
183 posts Joined: Dec 2009
|
For those in the HDD industry will know how big JCY is.
IT is the WORLD largest HDD component maker. THE WORLD, not jaguh kampong...... So Encik Yusli make sure the kiasu Singapore do not curi curi woo JCY over to SGX, kakakkakaka The boss is good fren of Quek LC (HL boss) and another typical media shy super rich man....... more shy than AK, at least u can see AK picture in media, die punya nama china pun media tak tau, gambar tak ade jugak.... He is the substantial shareholder of TOWER REIT, control by Quek LC. May be the money he get from JCY IPO, he will used to parthner with Quek to buy Banks, coz Mr Quek wanna buy a lot of bank, EON bank lar, BEA lar, kakakkakaakakak |
|
|
Jan 11 2010, 10:24 PM
Show posts by this member only | Post
#5
|
Junior Member
253 posts Joined: Jun 2009 From: Sg Long 
|
i tot Quek LC already "sien" about our MY policy and move to HK, China. why lar come back
 |
|
|
Jan 15 2010, 11:31 PM
Show posts by this member only | Post
#6
|
|
Junior Member
183 posts Joined: Dec 2009
|
huh Quek never leave Malaysia yet lar, future dun know qua
Yes he got a lot of business in HK and China, but he is now the hottest man in malaysia, HL bank wanna buy Eon bank, Hume ind oso in the lime light dun know wat next ..... the Quek family is dua base one, Hong Leong in Malaysia, and his saudara control Hong Bee in singapore, than they venture in HK, CHina, etc..... The one leaving Malaysia is Robert, he sold pelangi, the sugar business, shift all palm oil to his anak saudara company in sg, land in KLCC oso sold, soon will be jerneh may be , apa lagi ??? Now tinggal is onli Maybulk (this oso hold thru' his singapore company i think), shang and trader hotel, and GSC, some flour mill, and some kacang putih business onli in malaysia, (kacang putih for him but oso a lot dy) kakakakkaka May be AK will buy GSC from him and become cinema KING... kakakkaka |
|
|
|
|
|
Jan 28 2010, 11:33 AM
Show posts by this member only | Post
#7
|
|
Junior Member
199 posts Joined: Mar 2005
|
My personal opinion why i don;t really like JCY.
1) Manufacturing mechanical parts for Hard disk drive. Currently solid state drive is becoming more popular thus will replace the old mechanical hard disk gradually 2) 80% of sales come from Western Digital and thee rest from Seagate and etc. The customers is not that diversified. 3) 50% dividend payout - means not much expansion and growth 4) cant even find JCY website - dodgy However those are just my personal opinion, to those who think otherwise can voice out and discuss. I am happy to hear other opinions about JCY This post has been edited by alphayou: Jan 28 2010, 01:36 PM |
|
|
Jan 28 2010, 11:37 AM
Show posts by this member only | Post
#8
|
Junior Member
104 posts Joined: Jun 2009
|
Personally I also don't like. From a high base, not much room to grow. Better invest in Notion for less than 10x forward PE together with growth in the SLR segment. Hehe.
|
|
|
Jan 29 2010, 08:54 PM
Show posts by this member only | Post
#9
|
Senior Member
534 posts Joined: Dec 2006
|
QUOTE(alphayou @ Jan 28 2010, 11:33 AM) My personal opinion why i don;t really like JCY. SSD isn't anywhere near a typical HDD both in terms of size and pricing. I think it'll be several more years before SSDs can replace HDDs. 1) Manufacturing mechanical parts for Hard disk drive. Currently solid state drive is becoming more popular thus will replace the old mechanical hard disk gradually 2) 80% of sales come from Western Digital and thee rest from Seagate and etc. The customers is not that diversified. 3) 50% dividend payout - means not much expansion and growth 4) cant even find JCY website - dodgy However those are just my personal opinion, to those who think otherwise can voice out and discuss. I am happy to hear other opinions about JCY  Also, WD and Seagate combined control 60% of the HDD market IIRC. Granted there is a concentration risk but if you aren't their supplier, you'll be supplying to the other 3 smaller manufacturers. 50% dividend isn't too bad. It just means we get more dividends.  Here are some points to consider: Notion only supplies a small part of the HDD while JCY produces most/all of the HDD parts. Its vertically integrated and the only other company that's vertically integrated is Nidec which produces the HDD motors. And IIRC, they're in the process of getting certification to produce HDD covers for Samsung. But the most jarring fact is that YK Yong owns the all of the 2billion shares of JCY. Assuming the company gets listed at RM2, hello RM4b. You just have to respect that guy. p.s. JCY won't get a single cent from the IPO. Its just YK Yong cashing out/selling his stake. |
|
|
Jan 29 2010, 09:03 PM
|
Senior Member
4,966 posts Joined: Nov 2008
|
Those wanting JCY, why not consider Notion.
http://www.theedgemalaysia.com/business-ne...catalysts-.html |
|
|
Jan 30 2010, 02:24 AM
|
|
Junior Member
199 posts Joined: Mar 2005
|
Yup alot of comparison have been made between JCY and Notion Vtec. Seems that Notion Vtec have more diversified business compared to JCY. I would really want to hear from the Management of JCY on the next 5 years plan since YK Yong is cashing out. Would be nice to know since not much info can be found on JCY even it is the largest in HD component maker.
|
|
|
Feb 1 2010, 10:45 PM
|
Junior Member
491 posts Joined: Jan 2005
|
Beware when the main shareholders are cashing out. Personally RM2 per share is a rip off, with earnings per share of 10sen. Notion is much cheaper. Buy after IPO is listed and price comparable to Notion PE. I hope the merchant bank kena F*cked big time.
This post has been edited by alenac: Feb 1 2010, 10:49 PM |
|
|
Feb 3 2010, 01:55 PM
|
Junior Member
30 posts Joined: May 2007 From: BANDAR UTAMA
|
JCY IPO open for public issues? Y in bursa website didnt show up open for public issues?
|
|
|
|
|
|
Feb 4 2010, 09:43 PM
|
Senior Member
3,879 posts Joined: Jul 2005
|
can apply thru maybank2u eshare already..
closing date next Monday, but i think i will not take the risk since so many negative comment about the high ipo price of this counter |
|
|
Feb 4 2010, 11:08 PM
|
Junior Member
263 posts Joined: Jan 2009 From: Penang
|
QUOTE(sjz @ Feb 4 2010, 09:43 PM) can apply thru maybank2u eshare already.. But the final price haven determined, later come out RM1 only know kekekeke.closing date next Monday, but i think i will not take the risk since so many negative comment about the high ipo price of this counter |
|
|
Feb 25 2010, 10:00 AM
|
Senior Member
854 posts Joined: Jan 2007
|
share price dropped to 1.50 this morning.... around 10.00am
|
|
|
Aug 1 2010, 05:27 PM
|
|
Junior Member
51 posts Joined: Jul 2010
|
QUOTE(pisang @ Feb 25 2010, 10:00 AM) share price dropped to 1.50 this morning.... around 10.00am Dropped a lot lately? |
|
|
Aug 1 2010, 09:30 PM
|
|
Senior Member
534 posts Joined: Dec 2006
|
Analysts are worried over possible oversupply.
I got it from the main forum. Please feel free to share any other pertinent information. Attached File(s) 
HDD.pdf ( 412.34k )
Number of downloads: 276 |
|
|
Aug 1 2010, 11:31 PM
|
Senior Member
1,499 posts Joined: Jan 2003
|
Thanks for sharing mH3nG !!
|
|
|
Aug 2 2010, 09:27 AM
|
Senior Member
1,616 posts Joined: Aug 2010
|
|
|
|
Aug 3 2010, 11:27 PM
|
Junior Member
19 posts Joined: Aug 2010 From: Subang
|
QUOTE(Currylaksa @ Aug 2 2010, 09:27 AM) Kneejerk effect. After a while they will forget about it. |
|
|
Aug 5 2010, 05:36 PM
|
|
Senior Member
3,879 posts Joined: Jul 2005
|
seems that they are having completion & compliance certificate problem...
check their latest announcement....now applying for additional time....  |
|
|
Aug 5 2010, 11:54 PM
|
|
Newbie
4 posts Joined: Aug 2010
|
is it serious? ><
|
|
|
Aug 6 2010, 08:50 AM
|
|
Senior Member
712 posts Joined: Apr 2009
|
QUOTE(pyinglap @ Aug 5 2010, 11:54 PM) is it serious? >< investing always serious ... in any counter you invest. |
|
|
Aug 6 2010, 10:14 AM
|
|
Senior Member
1,499 posts Joined: Jan 2003
|
anyone can help me to understand what is completion & compliance certificate problem means ?
|
|
|
Aug 6 2010, 10:55 AM
|
|
Senior Member
3,879 posts Joined: Jul 2005
|
http://www.pam.org.my/ccc.asp
Type : Announcement Subject : JCY INTERNATIONAL BERHAD ("JCY” OR “COMPANY") - Extension of Time to Obtain Completion and Compliance Certification Contents : We refer to the approval letter dated 26 January 2010 (“Approval Letter”) from the Securities Commission (“SC”) for the listing of JCY on the Main Market of Bursa Malaysia Securities Berhad. Condition 1.2 (ii) imposed by the SC in the Approval Letter states that with regards to the property located at Plot 296 (PTD 63734), Tebrau IV Industrial Area, Mukim Tebrau, 81100 Johor Bahru, Johor Darul Takzim (“Property”), JCY is to obtain the Completion and Compliance Certification (“CCC”) within six (6) months from the date of the said Approval Letter. On behalf of the Company, we wish to announce that an application for an extension of time of six (6) months up to 25 January 2011 for JCY to obtain the CCC from the relevant authorities in relation to the Property (“Proposed Extension of Time”), has been submitted to the SC and is currently pending the decision of the SC. An announcement will be made upon receipt of the decision of the SC. This announcement is dated 3 August 2010. Announcement Details : Added on August 6, 2010, 10:56 amstill don't know what's the consequences if can't comply with the SC approval letter This post has been edited by sjz: Aug 6 2010, 10:56 AM |
|
|
Aug 6 2010, 12:56 PM
|
Senior Member
3,037 posts Joined: Jun 2007
|
A CCC replaces the CF which certifies a building/area is safe for occupancy technically.
JCY is occupying a building which has no certification. If it is a clause in the listing requirement, then by Jan 2011 they have to get the CCC or move out of the said building. |
|
|
Aug 6 2010, 01:13 PM
|
|
Senior Member
4,966 posts Joined: Nov 2008
|
QUOTE(skiddtrader @ Aug 6 2010, 12:56 PM) A CCC replaces the CF which certifies a building/area is safe for occupancy technically. How on earth did they end up in a building without the CF in the first place ? It's their building or rented ?JCY is occupying a building which has no certification. If it is a clause in the listing requirement, then by Jan 2011 they have to get the CCC or move out of the said building. |
|
|
Aug 6 2010, 01:54 PM
|
|
Senior Member
3,037 posts Joined: Jun 2007
|
QUOTE(GregPG01 @ Aug 6 2010, 01:13 PM) How on earth did they end up in a building without the CF in the first place ? It's their building or rented ? Maybe they built it themselves. Could be a warehouse or just a storage shed or an extension of a building. I don't think can be rented out if no CCC, I'm just guessing though.  |
|
|
Aug 6 2010, 03:29 PM
|
|
Senior Member
3,879 posts Joined: Jul 2005
|
QUOTE(skiddtrader @ Aug 6 2010, 12:56 PM) A CCC replaces the CF which certifies a building/area is safe for occupancy technically. the problem now is SC haven't approve the extension of time...JCY is occupying a building which has no certification. If it is a clause in the listing requirement, then by Jan 2011 they have to get the CCC or move out of the said building. means they would be in big trouble if the SC refuses to give extension of time... don't know how much impairment losses would causes if the CCC can't be obtained soon enough |
|
|
Aug 10 2010, 03:43 PM
|
|
Senior Member
1,002 posts Joined: Sep 2007
|
anyone know what is the difference of the parts produce by
1)JCY 2)Notion Vtec 3)ENG |
|
|
Aug 17 2010, 09:41 AM
|
Newbie
1 posts Joined: Sep 2009
|
they're in deep shit now coz of the recent employee's death due to negligence, yes?
|
|
|
Aug 17 2010, 10:03 AM
|
|
Junior Member
143 posts Joined: Aug 2009
|
QUOTE(TUV-hyperstar @ Aug 17 2010, 09:41 AM) they're in deep shit now coz of the recent employee's death due to negligence, yes? But the media seen try to hide this issue, never mention company name. |
|
|
Aug 17 2010, 10:12 AM
|
|
Senior Member
1,616 posts Joined: Aug 2010
|
QUOTE(Alan Soo @ Aug 17 2010, 10:03 AM) But the media seen try to hide this issue, never mention company name. Any links/source to this news? thanks |
|
|
Aug 17 2010, 11:44 AM
|
|
Junior Member
263 posts Joined: Jan 2009 From: Penang
|
I think JCY good for long run, HOLD!!!
|
|
|
Aug 17 2010, 11:58 AM
|
|
Senior Member
3,879 posts Joined: Jul 2005
|
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...  |
|
|
Aug 17 2010, 12:05 PM
|
|
Junior Member
263 posts Joined: Jan 2009 From: Penang
|
guys should I cut loss now since the news haven really annouce?
|
|
|
Aug 17 2010, 12:33 PM
|
Senior Member
1,173 posts Joined: Apr 2005 From: Port Dickson
|
this morning on 98.8fm got mentioned JCY name in the issue (again, no confirmation)
|
|
|
Aug 17 2010, 07:40 PM
|
|
Senior Member
984 posts Joined: Nov 2008
|
Thanks for the information. I as wondering which company was that. Well, a lesson to those who like to employ foreigners.
|
|
|
Aug 17 2010, 10:49 PM
|
|
Junior Member
263 posts Joined: Jan 2009 From: Penang
|
Great, everyday drop, donno what to do with it. Kept in the freezer T_T
|
|
|
Aug 18 2010, 06:47 AM
|
Senior Member
5,291 posts Joined: Dec 2004 From: I Luv Msia
|
QUOTE(fatw3apon @ Aug 17 2010, 10:49 PM) Great, everyday drop, donno what to do with it. Kept in the freezer T_T 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 |
|
|
Aug 18 2010, 06:30 PM
|
Junior Member
291 posts Joined: Dec 2007
|
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... seems like JCY has resolved the issue..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... and the employees "look" happy...  This post has been edited by yong417: Aug 18 2010, 06:32 PM Attached File(s)
press_release__17_aug_2010.pdf ( 390.98k )
Number of downloads: 84 |
|
|
Aug 19 2010, 03:26 PM
|
|
Senior Member
1,616 posts Joined: Aug 2010
|
In my humble opinion, their PE is still a bit too high
 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. |
|
|
Aug 19 2010, 06:10 PM
|
|
Junior Member
172 posts Joined: Jun 2009
|
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. |
|
|
Aug 19 2010, 10:51 PM
|
Senior Member
849 posts Joined: Sep 2004
|
I still optimistic on JCY, anyone have idea when is the quarter report out ?
|
|
|
Aug 20 2010, 09:39 AM
|
|
Senior Member
1,616 posts Joined: Aug 2010
|
|
|
|
Aug 20 2010, 11:03 AM
|
|
Senior Member
1,002 posts Joined: Sep 2007
|
what is the NTA for JCY?
asset=1,575m liabilities=639m total shares=2,044.9m NTA=0.457 far lower than others |
|
|
Aug 21 2010, 06:15 PM
|
All Stars
17,053 posts Joined: Jan 2003 
|
JCY quarterly profit did not dipped also if compared to last quarter so what's the big hype?
|
|
|
Aug 21 2010, 11:24 PM
|
|
Senior Member
849 posts Joined: Sep 2004
|
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 ....
|
|
|
Aug 22 2010, 10:34 AM
|
|
All Stars
17,053 posts Joined: Jan 2003
|
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 .... 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 |
|
|
Aug 22 2010, 10:54 PM
|
|
Senior Member
984 posts Joined: Nov 2008
|
maybe it will only show out in the next quarter. But it is no big deal. This tech business is cyclical
|
|
|
Aug 26 2010, 09:24 AM
|
|
Junior Member
263 posts Joined: Jan 2009 From: Penang
|
how do i check JCY AGM meeting date?
|
|
|
Aug 27 2010, 10:27 PM
|
|
All Stars
17,053 posts Joined: Jan 2003
|
JCY will touch RM1 soon
 |
|
|
Aug 27 2010, 10:47 PM
|
|
Junior Member
156 posts Joined: Jul 2009
|
QUOTE(Darkmage12 @ Aug 27 2010, 10:27 PM) JCY will touch RM1 soon I think you mean...will break...coz it already touched RM1 today |
|
|
Aug 27 2010, 10:55 PM
|
|
Newbie
2 posts Joined: Aug 2010
|
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/ |
|
|
Aug 28 2010, 07:24 AM
|
|
Senior Member
1,499 posts Joined: Jan 2003
|
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 |
|
|
Aug 28 2010, 11:41 AM
|
Junior Member
982 posts Joined: Apr 2008
|
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) That zemoola is only pointing out that CIMB research got it wrong thats all.http://whereiszemoola.blogspot.com/ |
|
|
Aug 28 2010, 11:49 AM
|
|
Junior Member
982 posts Joined: Apr 2008
|
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 Flash Memory in Ipad max at about 60Gb (I could be wrong) wherelse HD can go in TB'sNow which one you prefer? Bought a laptop 3mths ago with 500GB storage and I'm running low in space......lol |
|
|
Aug 28 2010, 12:33 PM
|
Junior Member
399 posts Joined: Nov 2009 From: johor bahru
|
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 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...Now which one you prefer? Bought a laptop 3mths ago with 500GB storage and I'm running low in space......lol |
|
|
Aug 28 2010, 01:01 PM
|
|
Senior Member
572 posts Joined: Sep 2007
|
how come 40" plasma tv now only $3500 a piece not selling over $40K anymore? |
|
|
Aug 28 2010, 01:11 PM
|
|
Senior Member
1,499 posts Joined: Jan 2003
|
QUOTE(godsgatecity @ Aug 28 2010, 12:33 PM) 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... 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 |
|
|
Aug 28 2010, 03:41 PM
|
|
All Stars
17,053 posts Joined: Jan 2003
|
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?
|
|
|
Aug 28 2010, 04:58 PM
|
|
Senior Member
984 posts Joined: Nov 2008
|
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. |
|
|
Aug 28 2010, 05:13 PM
|
|
Junior Member
982 posts Joined: Apr 2008
|
QUOTE(godsgatecity @ Aug 28 2010, 12:33 PM) 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... I can't even predict if i'll be around or not tomorrow let alone technology. hehehAlvincks got some good points there. |
|
|
Aug 28 2010, 10:45 PM
|
|
Junior Member
132 posts Joined: Nov 2006
|
QUOTE(alvincks @ Aug 28 2010, 01:11 PM) 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. 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.  |
|
|
Aug 29 2010, 09:52 AM
|
|
Senior Member
572 posts Joined: Sep 2007
|
QUOTE(Darkmage12 @ Aug 28 2010, 03:41 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? Tailor, i wish you were sucessfully in JCY IPO @$1.90, first day listing close $1.46Added on August 29, 2010, 10:02 am QUOTE(Oracles99 @ Aug 28 2010, 04:58 PM) Lots of conflicts of interest - UBS AG and CIMB were the joint managing underwriters and bookrunners for the IPO CIMB is getting JCY for public listing @ $2.00, in the same month Feb2010 CIMB issue call warrant with a strike price @$1.35 I take CIMB's report with a pinch of salt. 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 |
|
|
Aug 29 2010, 10:05 AM
|
|
All Stars
17,053 posts Joined: Jan 2003
|
QUOTE(vileparle @ Aug 27 2010, 10:47 PM) I think you mean...will break...coz it already touched RM1 today Yup. When I saw the scoreboard it was at 1.02.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 Besides any irregularity in power supply might purge ur data for Flash Memory.Now which one you prefer? Bought a laptop 3mths ago with 500GB storage and I'm running low in space......lol |
|
|
Aug 29 2010, 10:05 PM
|
|
Senior Member
984 posts Joined: Nov 2008
|
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. |
|
|
Aug 29 2010, 11:17 PM
|
|
Junior Member
399 posts Joined: Nov 2009 From: johor bahru
|
QUOTE(W.ROOK @ Aug 28 2010, 05:13 PM) I can't even predict if i'll be around or not tomorrow let alone technology. heheh i do agreed with his points and let's hope JCY can moving to the next level...Alvincks got some good points there. |
|
|
Aug 29 2010, 11:18 PM
|
Senior Member
3,887 posts Joined: Jun 2008
|
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. |
|
|
Aug 30 2010, 09:14 AM
|
|
Senior Member
1,616 posts Joined: Aug 2010
|
http://www.msnbc.msn.com/id/38903304/ns/bu...ss-motley_fool/
Intel warning. Here's the quote on JCY's 2 major customers: QUOTE However, the warning is a bad omen for hard-drive makers Western Digital and Seagate. These two companies have higher exposure to PCs, and less to booming markets like smartphones that use solid state drives (SSDs). Neither Western Digital nor Seagate have much exposure to those markets. |
|
|
Aug 30 2010, 11:15 AM
|
|
Newbie
2 posts Joined: Aug 2010
|
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++
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 |
|
|
Aug 30 2010, 11:29 AM
|
Junior Member
84 posts Joined: Jan 2009
|
Nowadays, better stay away from ipo. At least wait for a year to check their performance.
Almost all ipo perform badly...  |
|
|
Aug 30 2010, 11:54 AM
|
|
Junior Member
399 posts Joined: Nov 2009 From: johor bahru
|
QUOTE(mimicjcy @ Aug 30 2010, 11:15 AM) 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++ those research cant be trust 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 |
|
|
Aug 30 2010, 12:25 PM
|
All Stars
11,058 posts Joined: Jun 2008
|
QUOTE(godsgatecity @ Aug 30 2010, 11:54 AM) 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. |
|
|
Aug 30 2010, 04:28 PM
|
Junior Member
73 posts Joined: Apr 2010
|
buy jcy today at 0.980
thought that will be the lowest but now its 0.965 !! wth ! |
|
|
Aug 30 2010, 04:55 PM
|
|
All Stars
17,053 posts Joined: Jan 2003
|
QUOTE(xparoniax @ Aug 30 2010, 04:28 PM) buy jcy today at 0.980 2 weeks time we'll see 0.80 thought that will be the lowest but now its 0.965 !! wth ! |
|
|
Aug 30 2010, 08:17 PM
|
|
Senior Member
984 posts Joined: Nov 2008
|
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 |
|
|
Aug 31 2010, 08:51 AM
|
|
All Stars
11,058 posts Joined: Jun 2008
|
I think the support level is less than 90sen, wat say you?
|
|
|
Aug 31 2010, 09:51 AM
|
|
All Stars
17,053 posts Joined: Jan 2003
|
[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  |
|
|
Aug 31 2010, 07:28 PM
|
|
Senior Member
984 posts Joined: Nov 2008
|
[/quote] You should put it this way. You will probably lose less if the company goes bankrupt [/quote] Ha,ha,ha, I am sure it won't go bankrupt |
|
|
Aug 31 2010, 08:21 PM
|
|
Junior Member
982 posts Joined: Apr 2008
|
[quote=Darkmage12,Aug 31 2010, 09:51 AM]
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 [/quote] Why are you so pessimistic? |
|
|
Sep 1 2010, 11:55 AM
|
Junior Member
85 posts Joined: Nov 2006
|
JcY 0.90 now, any suggest to buy in or on hold 1st?
|
|
|
Sep 1 2010, 12:57 PM
|
|
All Stars
11,058 posts Joined: Jun 2008
|
QUOTE(hongling1 @ Sep 1 2010, 11:55 AM) JcY 0.90 now, any suggest to buy in or on hold 1st? Wait.QUOTE(DarkNite @ Aug 31 2010, 08:51 AM) I think the support level is less than 90sen, wat say you? Added on September 1, 2010, 3:20 pmDone at 0.875, now trading at 0.880sen! This post has been edited by DarkNite: Sep 1 2010, 03:20 PM |
|
|
Sep 2 2010, 09:17 PM
|
All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
|
Those who bought yesterday, today happy loh.
|
|
|
Sep 2 2010, 09:49 PM
|
|
All Stars
17,053 posts Joined: Jan 2003
|
Those buy this morning also happy la
|
|
|
Sep 3 2010, 04:29 AM
|
|
Junior Member
53 posts Joined: Jul 2005 From: JB Town
|
http://www.investalks.com/bbs/viewthread.p...9&extra=&page=7
#126, c the date, post on 30 august, 1th sep jcy low 0.875, 2th sep jcy rebound to 1.05 The big shark are watching us |
|
|
Sep 3 2010, 07:57 AM
|
|
Junior Member
982 posts Joined: Apr 2008
|
Made a little bit....kind of hit and run.
Time to move on to others. I could be wrong but yesterday I think was merely a technical rebound after so many days of downs. |
|
|
Sep 3 2010, 09:24 AM
|
|
Senior Member
1,616 posts Joined: Aug 2010
|
QUOTE(W.ROOK @ Sep 3 2010, 07:57 AM) Made a little bit....kind of hit and run. It's a major goreng Time to move on to others. I could be wrong but yesterday I think was merely a technical rebound after so many days of downs.  |
|
|
Sep 3 2010, 09:19 PM
|
|
Senior Member
1,002 posts Joined: Sep 2007
|
So, any opinion is ill up?
PE 10x now, feel like still expensive compare its competitor. |
|
|
Sep 3 2010, 10:21 PM
|
|
Junior Member
172 posts Joined: Jun 2009
|
Don't know when the price can go back to rm 1.90.
Or it never will? |
|
|
Sep 3 2010, 11:41 PM
|
Senior Member
5,363 posts Joined: Apr 2005 From: กรุงเทพมหานคร BKK
|
quite sure something's cooking.
management is being too quiet about this. |
|
|
Sep 4 2010, 08:41 AM
|
|
Junior Member
73 posts Joined: Apr 2010
|
i hope can sell it back at 1.19..
dont think jcy can go more than 1.2 wat do u think guys? |
|
|
Sep 4 2010, 01:18 PM
|
|
All Stars
11,058 posts Joined: Jun 2008
|
QUOTE(xparoniax @ Sep 4 2010, 08:41 AM) i hope can sell it back at 1.19.. Wait for T+3 period over, to gauge the next level of support. By Tuesday we should get a clearer picture whether it is technical rebound.dont think jcy can go more than 1.2 wat do u think guys? |
|
|
Sep 4 2010, 05:30 PM
|
|
Junior Member
159 posts Joined: Feb 2006 From: Ipoh, Pahang, KL
|
i pla to buy JCY shares.. since it fluated, should i go for it..
|
|
|
Sep 6 2010, 08:29 AM
|
|
Junior Member
982 posts Joined: Apr 2008
|
QUOTE(ikah @ Sep 4 2010, 05:30 PM) i pla to buy JCY shares.. since it fluated, should i go for it.. Its very cheap if you compare to IPO price but the opportunity was last week. It was presented to us on a plate but many of us dare not take up the risk, except for some heheh. It is a Tech stock, cyclical and sensitive to tech changes. With Samsung,Sony jumping into Ipad frenzy......the future doesn't look so good. |
|
|
Sep 6 2010, 02:42 PM
|
|
All Stars
11,058 posts Joined: Jun 2008
|
QUOTE(ikah @ Sep 4 2010, 05:30 PM) i pla to buy JCY shares.. since it fluated, should i go for it.. Buy for speculation or hold? |
|
|
Sep 6 2010, 10:06 PM
|
|
Junior Member
73 posts Joined: Apr 2010
|
if buy for speculation
i dont think its a good idea |
|
|
Sep 6 2010, 10:09 PM
|
|
All Stars
11,058 posts Joined: Jun 2008
|
QUOTE(xparoniax @ Sep 6 2010, 10:06 PM) if buy for speculation Why not good idea?i dont think its a good idea |
|
|
Sep 7 2010, 06:45 AM
|
Senior Member
2,850 posts Joined: Aug 2006 From: Stellar Nursery
|
Looks like a quickie 15 sen play here
|
|
|
Sep 7 2010, 09:36 AM
|
|
Junior Member
73 posts Joined: Apr 2010
|
not good unless u already do ur research about how much lower the price can go..
|
|
|
Sep 8 2010, 07:37 PM
|
|
Senior Member
984 posts Joined: Nov 2008
|
JCY is in the export sector. The recent rise in MYR means that JCY's USD earnings will be impacted when translated back to MYR. In the near term, I do not think it can go up to RM1-90. Maybe only CIMB thinks so.
|
|
|
Sep 14 2010, 04:53 PM
|
|
All Stars
11,058 posts Joined: Jun 2008
|
Active today Sept14. 15,494,700 vol at 4.50pm. 1.16/1.17, HiLo 1.20/1.11
|
|
|
Sep 15 2010, 09:13 AM
|
|
Senior Member
1,002 posts Joined: Sep 2007
|
anyone can explain why JCY NTA is just RM whihc is 0.40 well below its price 1.20
Notion and ENG both has much higher NTA, than their share price |
|
|
Sep 15 2010, 11:29 AM
|
Junior Member
143 posts Joined: Mar 2009
|
Hmm, I wud accm JCY at the RM1.0x levels, wait for it to stabilize first...
|
|
|
Oct 7 2010, 08:06 AM
|
|
Junior Member
27 posts Joined: Aug 2010
|
ummmmmmmm JCY can consider buy. within 8 month it will up back to ipo price
|
|
|
Oct 7 2010, 09:09 AM
|
|
All Stars
17,053 posts Joined: Jan 2003
|
QUOTE(magiclim1986 @ Oct 7 2010, 08:06 AM) ummmmmmmm JCY can consider buy. within 8 month it will up back to ipo price hmm you seem very confident with that. Hard Disk sector will improve? |
|
|
Oct 7 2010, 10:08 AM
|
Junior Member
89 posts Joined: Mar 2010
|
i think the profit for JCY maintain or lower or higher a bit only. it will not jump much. They say will start export to korea and Japan. see how far they can go in next quarter.
FUTURE PROSPECT With the weak recovery in consumer spending in the USA and Europe and the debt crisis in Europe, the HDD shipment has slow down. Our Group continue to focus in our core business of supplying quality mechanical components for the HDD industry. The Group have also started supplying our HDD components to our new Korean and Japanese customers for this coming quarter. Barring any unforeseen circumstances, the Group's performance will be favourable for the financial year ending 30 September 2010. |
|
|
Oct 7 2010, 12:44 PM
|
|
All Stars
17,053 posts Joined: Jan 2003
|
This year their quarterly profit has been on the decline since the first quarter. CIMB keep cutting their TP
|
|
|
Oct 7 2010, 01:14 PM
|
|
Junior Member
159 posts Joined: Feb 2006 From: Ipoh, Pahang, KL
|
QUOTE(investorsoh @ Oct 7 2010, 11:08 AM) i think the profit for JCY maintain or lower or higher a bit only. it will not jump much. They say will start export to korea and Japan. see how far they can go in next quarter. then JCY not worth to invest at this moment, wait it recover more, then enter this counter...FUTURE PROSPECT With the weak recovery in consumer spending in the USA and Europe and the debt crisis in Europe, the HDD shipment has slow down. Our Group continue to focus in our core business of supplying quality mechanical components for the HDD industry. The Group have also started supplying our HDD components to our new Korean and Japanese customers for this coming quarter. Barring any unforeseen circumstances, the Group's performance will be favourable for the financial year ending 30 September 2010. |
|
|
Oct 11 2010, 05:12 PM
|
|
Junior Member
189 posts Joined: Feb 2010
|
IMO, this is the best time to buy ... if wait till it reovered... too late la bro ...
|
|
|
Oct 11 2010, 08:56 PM
|
Junior Member
166 posts Joined: Oct 2010
|
QUOTE(mygarage88 @ Oct 11 2010, 05:12 PM) IMO, this is the best time to buy ... if wait till it reovered... too late la bro ... If money is not a problem, i would giv it a try now.. |
|
|
Oct 12 2010, 10:28 PM
|
|
Junior Member
27 posts Joined: Aug 2010
|
yap i think is for few month target. expected final divident 3 sen +
|
|
|
Oct 12 2010, 11:24 PM
|
|
Senior Member
2,991 posts Joined: Jun 2007
|
People now buying iPads. Does iPad carry the HD that JCY makes?
|
|
|
Oct 13 2010, 02:12 AM
|
|
Junior Member
172 posts Joined: Jun 2009
|
I am going to attend the JCY talk by cimb later...stuck at 1.50.
Sad. |
|
|
Oct 13 2010, 07:36 AM
|
|
Junior Member
27 posts Joined: Aug 2010
|
QUOTE(BrendaChee @ Oct 13 2010, 02:12 AM) I am going to attend the JCY talk by cimb later...stuck at 1.50. after the talk please tell me what is in the talk. thanksSad. |
|
|
Oct 13 2010, 07:53 AM
|
All Stars
23,851 posts Joined: Dec 2006
|
US Tech stocks on the move again. Impacted by Intel.
|
|
|
Oct 13 2010, 07:57 AM
|
|
Junior Member
113 posts Joined: Jul 2010
|
QUOTE(SKY 1809 @ Oct 13 2010, 07:53 AM) US Tech stocks on the move again. Impacted by Intel. Good morning, do you think JCY or Unisem is the better option? |
|
|
Oct 13 2010, 08:21 AM
|
|
All Stars
23,851 posts Joined: Dec 2006
|
QUOTE(Rule#1 @ Oct 13 2010, 07:57 AM) Good morning, do you think JCY or Unisem is the better option? Unisem has better fundamentals than JCY.In term of goreng wise , judge your own. |
|
|
Oct 13 2010, 09:06 AM
|
|
Junior Member
113 posts Joined: Jul 2010
|
QUOTE(SKY 1809 @ Oct 13 2010, 08:21 AM) Unisem has better fundamentals than JCY. JCY on fire. thanks In term of goreng wise , judge your own. |
|
|
Oct 13 2010, 09:19 AM
|
|
Junior Member
166 posts Joined: Oct 2010
|
QUOTE(MagicEcho @ Oct 11 2010, 08:56 PM) If money is not a problem, i would giv it a try now.. Look at the price now, wow  |
|
|
Oct 13 2010, 09:35 AM
|
|
Senior Member
712 posts Joined: Apr 2009
|
QUOTE(MagicEcho @ Oct 13 2010, 09:19 AM) Look at the price now, wow i sudah serik wish this counter... too speculative |
|
|
Oct 13 2010, 11:32 AM
|
|
Junior Member
518 posts Joined: Mar 2006
|
go go JCY!! i enter at 1.6x, 1.3x and 1.0x... damnit lol
|
|
|
Oct 13 2010, 12:53 PM
|
|
Senior Member
1,002 posts Joined: Sep 2007
|
stuck at highest point 1.03 for the half time..see what will happen in the second half
|
|
|
Oct 13 2010, 01:28 PM
|
|
Junior Member
159 posts Joined: Feb 2006 From: Ipoh, Pahang, KL
|
Hope JCY investor continue support this counter,... we can sama sama untung.,..
|
|
|
Oct 13 2010, 02:30 PM
|
|
Junior Member
172 posts Joined: Jun 2009
|
Didn't manage to go for the talk, anyone who attended please share some info.
Thanks. |
|
|
Oct 13 2010, 03:23 PM
|
|
Junior Member
89 posts Joined: Mar 2010
|
http://www.marketwatch.com/story/intel-rep...ofit-2010-04-13
intel earn big money. i move in JYC today. follow the boat... |
|
|
Oct 13 2010, 04:36 PM
|
|
Senior Member
712 posts Joined: Apr 2009
|
QUOTE(investorsoh @ Oct 13 2010, 03:23 PM) http://www.marketwatch.com/story/intel-rep...ofit-2010-04-13 both not same product one is the processor and one is harddisk.. can ma...intel earn big money. i move in JYC today. follow the boat... |
|
|
Oct 13 2010, 04:47 PM
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(simplesmile @ Oct 12 2010, 11:24 PM) People now buying iPads. Does iPad carry the HD that JCY makes? I don't think Ipad has HDD inside. Most probably SSD or flash type of memory. |
|
|
Oct 13 2010, 04:52 PM
|
|
Junior Member
166 posts Joined: Oct 2010
|
QUOTE(investorsoh @ Oct 13 2010, 03:23 PM) http://www.marketwatch.com/story/intel-rep...ofit-2010-04-13 What is ur purchase price?intel earn big money. i move in JYC today. follow the boat... |
|
|
Oct 13 2010, 05:10 PM
|
|
Senior Member
1,002 posts Joined: Sep 2007
|
speculation....why no one mention of the higher PE by JCY than ENG?
|
|
|
Oct 13 2010, 05:20 PM
|
|
Junior Member
89 posts Joined: Mar 2010
|
QUOTE(MagicEcho @ Oct 13 2010, 05:52 PM) What is ur purchase price? rm1 buy 10 lots.u got any? |
|
|
Oct 13 2010, 05:21 PM
|
|
All Stars
23,851 posts Joined: Dec 2006
|
Not bad, closed at rm 1.1
|
|
|
Oct 13 2010, 09:03 PM
|
|
Junior Member
189 posts Joined: Feb 2010
|
wakaka... im confident with the HD industry .. will see
|
|
|
Oct 13 2010, 09:10 PM
|
|
Junior Member
166 posts Joined: Oct 2010
|
QUOTE(investorsoh @ Oct 13 2010, 05:20 PM) rm1 buy 10 lots. No, although i was watching it raising from 0.9xx this morning. I just too scared to follow the crowd... haha....u got any? Anyway, good for you.... |
|
|
Oct 13 2010, 09:24 PM
|
|
Junior Member
27 posts Joined: Aug 2010
|
any news about the talk today?
|
|
|
Oct 13 2010, 10:00 PM
|
|
Junior Member
159 posts Joined: Feb 2006 From: Ipoh, Pahang, KL
|
seem no one know about the talk
|
|
|
Oct 14 2010, 11:34 AM
|
Senior Member
1,069 posts Joined: Nov 2008 From: Kuala Lumpur
|
seems price go down again today.
 |
|
|
Oct 14 2010, 12:25 PM
|
|
Senior Member
2,850 posts Joined: Aug 2006 From: Stellar Nursery
|
Must break 1.2 to go long
|
|
|
Oct 14 2010, 12:53 PM
|
|
Junior Member
159 posts Joined: Feb 2006 From: Ipoh, Pahang, KL
|
syndicate force selling those investor below RM1... later this counter will goreng again..
be patient for JCY goreng 2nd round.. |
|
|
Oct 14 2010, 05:41 PM
|
Senior Member
1,675 posts Joined: Jan 2010 From: KUL
|
QUOTE(ikah @ Oct 14 2010, 12:53 PM) syndicate force selling those investor below RM1... later this counter will goreng again.. the bad thing is.... the owner cash out during ipo (good exit for him)be patient for JCY goreng 2nd round.. then a few series of bad news...price jump down .. i had to cut loss yesterday a good breakout with hi volume. but.... i was scared to put my bet good for those who cash out yesterday today .......  |
|
|
Oct 15 2010, 03:22 PM
|
|
Senior Member
1,069 posts Joined: Nov 2008 From: Kuala Lumpur
|
hold the stock at 1.1,
hopefully they up again lor.. scare to average down cuz the pattern never upward! |
|
|
Oct 16 2010, 02:51 AM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
QUOTE(zamans98 @ Dec 16 2009, 03:16 PM) Lol, how could it be BIG? In what sense? Just a small component maker for Hard-disk companies, not selling hard-disk? Nah, BUY after listed is better approach. QUOTE(mok thye yee @ Jan 11 2010, 09:58 PM) For those in the HDD industry will know how big JCY is. IT is the WORLD largest HDD component maker. THE WORLD, not jaguh kampong...... So Encik Yusli make sure the kiasu Singapore do not curi curi woo JCY over to SGX, kakakkakaka The boss is good fren of Quek LC (HL boss) and another typical media shy super rich man....... more shy than AK, at least u can see AK picture in media, die punya nama china pun media tak tau, gambar tak ade jugak.... He is the substantial shareholder of TOWER REIT, control by Quek LC. May be the money he get from JCY IPO, he will used to parthner with Quek to buy Banks, coz Mr Quek wanna buy a lot of bank, EON bank lar, BEA lar, kakakkakaakakak everyday I'm looking at JCY. I wanna puke. Poor those who got it at IPO. 3 months has passed but JCY is still trying to breach 1.50. |
|
|
Oct 21 2010, 04:45 PM
|
|
Senior Member
1,069 posts Joined: Nov 2008 From: Kuala Lumpur
|
seems no hope for this stock
|
|
|
Oct 21 2010, 05:07 PM
|
Senior Member
4,305 posts Joined: Sep 2008
|
QUOTE(xenon_aniki @ Oct 21 2010, 04:45 PM) seems no hope for this stock Sometime hope arise when everyone think there is no hope... |
|
|
Oct 21 2010, 06:16 PM
|
|
All Stars
17,053 posts Joined: Jan 2003
|
QUOTE(htt @ Oct 21 2010, 05:07 PM) Sometime hope arise when everyone think there is no hope... Hope more then? |
|
|
Oct 21 2010, 09:16 PM
|
|
Junior Member
159 posts Joined: Feb 2006 From: Ipoh, Pahang, KL
|
temporary this counter not so active.. but will surprise us to north la...
|
|
|
Oct 24 2010, 10:05 PM
|
|
Junior Member
166 posts Joined: Oct 2010
|
QUOTE(ikah @ Oct 21 2010, 09:16 PM) temporary this counter not so active.. but will surprise us to north la... I guess the goreng is over.. |
|
|
Nov 10 2010, 07:59 PM
|
Senior Member
1,466 posts Joined: Jul 2008 From: Wherever you're
|
QUOTE(MagicEcho @ Oct 24 2010, 10:05 PM) I guess the goreng is over.. Hopefully got ppl 'goreng' again , cos I just bought few weeks ago. |
|
|
Nov 10 2010, 08:19 PM
|
|
Senior Member
1,069 posts Joined: Nov 2008 From: Kuala Lumpur
|
QUOTE(ahcheap @ Nov 10 2010, 07:59 PM) Hopefully got ppl 'goreng' again , cos I just bought few weeks ago. what price did u enter? |
|
|
Nov 10 2010, 11:28 PM
|
|
Senior Member
1,466 posts Joined: Jul 2008 From: Wherever you're
|
QUOTE(xenon_aniki @ Nov 10 2010, 08:19 PM) what price did u enter? RM1.00. |
|
|
Nov 11 2010, 03:20 PM
|
|
Senior Member
4,457 posts Joined: Jul 2005
|
30 nov will have the quarter report right ?
|
|
|
Nov 11 2010, 05:29 PM
|
|
Senior Member
1,466 posts Joined: Jul 2008 From: Wherever you're
|
QUOTE(Ken @ Nov 11 2010, 03:20 PM) 30 nov will have the quarter report right ? source? |
|
|
Nov 12 2010, 09:30 AM
|
|
Senior Member
4,457 posts Joined: Jul 2005
|
QUOTE(ahcheap @ Nov 11 2010, 05:29 PM) source? sorry is fy10 result ....http://bizedge.com/in-the-financial-daily/...pt-quarter.html |
|
|
Nov 17 2010, 09:35 AM
|
|
Junior Member
166 posts Joined: Oct 2010
|
QUOTE(Ken @ Nov 12 2010, 09:30 AM) Thanks for the source.. |
|
|
Dec 2 2010, 11:47 AM
|
|
Senior Member
1,069 posts Joined: Nov 2008 From: Kuala Lumpur
|
already .8X cents..
loose 30 cents per unit lor.. dunno wanna hold or just give up |
|
|
Dec 2 2010, 12:34 PM
|
Senior Member
1,022 posts Joined: Mar 2006
|
CIMB change their TP from rm 1.88 to 0.92. OSK also cut the TP to 0.85.
up to you guys to decide want to hold or not... |
|
|
Dec 2 2010, 04:58 PM
|
|
Senior Member
721 posts Joined: Jan 2003
|
whats the story..just because their net profit fell abit...means the shares drop over 25%?...
|
|
|
Dec 2 2010, 05:42 PM
|
|
Senior Member
1,220 posts Joined: Mar 2006
|
I already cut loss...
|
|
|
Dec 2 2010, 06:20 PM
|
Senior Member
588 posts Joined: Jan 2005
|
Painful....
|
|
|
Dec 2 2010, 11:03 PM
|
Senior Member
718 posts Joined: Jan 2003 From: Seri Kembangan
|
now under Goreng but Goreng Downward...better becareful....wait and see...
|
|
|
Dec 2 2010, 11:22 PM
|
|
Senior Member
3,879 posts Joined: Jul 2005
|
might work the other way round...
coz laz time cimb give strong buy with TP 1.88, many go in, but later on goreng downwards.. now cimb and most research house cursing it, some even set TP as 0.60, it might ..... giv u a surprise... |
|
|
Dec 3 2010, 12:12 AM
|
|
Senior Member
588 posts Joined: Jan 2005
|
This company have bright outlook. I just wondering why the report so shit this quarter...
Luckily not buy at 1 last month. Seem that the stock price being pressed down. Need to investigate and observe more on this company only decide to invest on this stock... This post has been edited by ost1007: Dec 3 2010, 12:12 AM |
|
|
Dec 3 2010, 09:39 AM
|
|
Junior Member
131 posts Joined: May 2008
|
JCY, i believe tis name had made its fame among all investors, no matter young and old. instituitional players are also so keen with it since ipo, especially hong leong mutual fund, cimb and also some oversea funds.
i am considered the very unlucky one, cause i bought in last friday at the price of 0.915, and since then it had lead all the way to free flow. yes, i still keep it, since the entry price is considered low compared to its ipo price hich is only about 10 months ago. the reason i went in is, i expect the revenue should be around 500 million, which on par with previous quarter. i never expect the nett profit will be - 22 million lost. i expect, big players will come in to give JCY a temporally fry up to above RM 1 before going down again. Yes, i admit my greed and inmature decision had lead me to this lost. combining 4 quarters, this JCY is still making profit. BUT, ALL MAJOR INVESTMENTS HOUSES had give a red light, a very bearish red light to retail players as a IMMEDIATE TRADING SELLS. i was indeed very panic when the price drop to 0.840. but, i still hold, in the hope that once the panic selling is ease, the price will be stabled down. but, i was wrong again, as it has breached its high support of 0.790 yesterday at 2 december 2010, which the next support is 0.760. Now, lest face this dillema of heavy sell off. let the past be the history. below are the points which i would like to point out. 1. how many technology stocks in klse with revenue of 500 millon plus at rm 0.900 to rm 1.00 ? 2. they have plants in thai, philipine, singapore, and of course 2 in malaysia. 3. will the demand of hdd obsolete due to the flash drive from apple ? 4. they have new customers from samsung and hitachi. some said that, since everyone is so fearful of this JCY, it is also a chance for you to make a decent profit from it. but, it is a high risk gamble. make your own decision of to sell, or to buy, or to hold. good luck. |
|
|
Dec 3 2010, 09:48 AM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(cactus1 @ Dec 3 2010, 09:39 AM) 1. how many technology stocks in klse with revenue of 500 millon plus at rm 0.900 to rm 1.00 ? 1. revenue doesn't matter, what investors want is profit, not revenue, you can register 10 bil revenue but reporting losses, investors still dump the share. Do not judge a stock based on Rm0.90 or Rm9.00, it is the EPS the matter, NTA per share matter.2. they have plants in thai, philipine, singapore, and of course 2 in malaysia. 3. will the demand of hdd obsolete due to the flash drive from apple ? 4. they have new customers from samsung and hitachi. some said that, since everyone is so fearful of this JCY, it is also a chance for you to make a decent profit from it. but, it is a high risk gamble. make your own decision of to sell, or to buy, or to hold. good luck. Share price low or high is not about RM0.10, or RM1.00. Company can issue less share or consolidate share and make the stock price become higher as well. Just like KNM recently. or company can issue more issue and make the share price lower. EPS is the one guide the stock price. 2. it is not a major important point 3. HDD still have years of usage, it won't obsolete, flash drive is not going to replace HDD is near future due to price wise factor. But flash drive does pose a serious threat on HDD long term future. 4. It is about margin squeeze, not about customer or revenue. The stock price plunge reason is simple, company make a loss, a huge reverse compared to previous Q or previous year. Added on December 3, 2010, 9:49 am QUOTE(lchan @ Dec 2 2010, 04:58 PM) whats the story..just because their net profit fell abit...means the shares drop over 25%?... It is not net profit drop a bit, but a huge reverse, and little people expect it make a loss.This post has been edited by cherroy: Dec 3 2010, 09:49 AM |
|
|
Dec 3 2010, 10:04 AM
|
Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
|
wasn't it suppose to be a big player & bolehland wants it to list here instead of elsewhere
below is a cincai check, pls do ur own detailed dd. imo, its avoid until fa starts improving but who nows, under goreng category, anything is possible & it seems doing double bottom look at its profit/loss http://biz.thestar.com.my/marketwatch/fin_...?searchstr=5161 are insiders selling http://biz.thestar.com.my/marketwatch/scha...?searchstr=5161 graph is incomplete as no volume to cross check, last time can see, before hopeless chartnexus took over 
QUOTE(cactus1 @ Dec 3 2010, 09:39 AM) JCY, i believe tis name had made its fame among all investors, no matter young and old. instituitional players are also so keen with it since ipo, especially hong leong mutual fund, cimb and also some oversea funds. i am considered the very unlucky one, cause i bought in last friday at the price of 0.915, and since then it had lead all the way to free flow. yes, i still keep it, since the entry price is considered low compared to its ipo price hich is only about 10 months ago. the reason i went in is, i expect the revenue should be around 500 million, which on par with previous quarter. i never expect the nett profit will be - 22 million lost. i expect, big players will come in to give JCY a temporally fry up to above RM 1 before going down again. Yes, i admit my greed and inmature decision had lead me to this lost. combining 4 quarters, this JCY is still making profit. BUT, ALL MAJOR INVESTMENTS HOUSES had give a red light, a very bearish red light to retail players as a IMMEDIATE TRADING SELLS. i was indeed very panic when the price drop to 0.840. but, i still hold, in the hope that once the panic selling is ease, the price will be stabled down. but, i was wrong again, as it has breached its high support of 0.790 yesterday at 2 december 2010, which the next support is 0.760. Now, lest face this dillema of heavy sell off. let the past be the history. below are the points which i would like to point out. 1. how many technology stocks in klse with revenue of 500 millon plus at rm 0.900 to rm 1.00 ? 2. they have plants in thai, philipine, singapore, and of course 2 in malaysia. 3. will the demand of hdd obsolete due to the flash drive from apple ? 4. they have new customers from samsung and hitachi. some said that, since everyone is so fearful of this JCY, it is also a chance for you to make a decent profit from it. but, it is a high risk gamble. make your own decision of to sell, or to buy, or to hold. good luck. |
|
|
Dec 3 2010, 12:23 PM
|
|
Senior Member
3,037 posts Joined: Jun 2007
|
After JCY quarterly loss, Notion don't look half as bad.
|
|
|
Dec 3 2010, 05:26 PM
|
|
Junior Member
48 posts Joined: Jul 2009
|
I suspect this loss is done on purpose to avoid paying additional dividends. Loss amount is just nice to avoid second dividend payment ( dividend policy of 50% of net profit ). I heard some rumour that Yong Yoon Kiong who holds 74% of JCY wants to take it private again since JCY has been underperformed in KLSE. Did anyone hear this rumour ? If it comes true then, there is still a hope.
|
|
|
Dec 3 2010, 06:07 PM
|
|
Senior Member
3,037 posts Joined: Jun 2007
|
QUOTE(dt09 @ Dec 3 2010, 05:26 PM) I suspect this loss is done on purpose to avoid paying additional dividends. Loss amount is just nice to avoid second dividend payment ( dividend policy of 50% of net profit ). I heard some rumour that Yong Yoon Kiong who holds 74% of JCY wants to take it private again since JCY has been underperformed in KLSE. Did anyone hear this rumour ? If it comes true then, there is still a hope. If the rumour is true, what makes you think he would pay any higher if he is the kind of person that would report lower profits in the first place to pay less dividends? I think a more believable conspiracy theory is that the share is subdued so all the call warrants issuers will earn since it is all out of money. 3 call warrants in the market, 2 by OSK 1 by CIMB. I won't be surprised if those two research houses issues SELL calls or lower TP to push down the price further so they don't need to pay anyone anything. 2 of the Call warrants will expire by March next year. EDIT: Added lower TPs because I noticed OSK has a TP of only 85sens in the research for JCY, compared to their strike price of RM1.75 for their call warrant. How convenient. This post has been edited by skiddtrader: Dec 3 2010, 06:10 PM |
|
|
Dec 3 2010, 06:26 PM
|
|
Senior Member
1,616 posts Joined: Aug 2010
|
QUOTE(skiddtrader @ Dec 3 2010, 06:07 PM) If the rumour is true, what makes you think he would pay any higher if he is the kind of person that would report lower profits in the first place to pay less dividends? Yeawor, thanks for pointing that out skid I think a more believable conspiracy theory is that the share is subdued so all the call warrants issuers will earn since it is all out of money. 3 call warrants in the market, 2 by OSK 1 by CIMB. I won't be surprised if those two research houses issues SELL calls or lower TP to push down the price further so they don't need to pay anyone anything. 2 of the Call warrants will expire by March next year. EDIT: Added lower TPs because I noticed OSK has a TP of only 85sens in the research for JCY, compared to their strike price of RM1.75 for their call warrant. How convenient.  |
|
|
Dec 3 2010, 06:43 PM
|
|
Senior Member
1,675 posts Joined: Jan 2010 From: KUL
|
does anyone remember why the owner goes for listing in the first place?
Is he paying of debts, doing any investment or CASH OUT???? i believe he has CASH OUT during IPO, billions in his pocket... so we r left in the lurch...... |
|
|
Dec 3 2010, 06:46 PM
|
|
Senior Member
3,037 posts Joined: Jun 2007
|
Found a snippet of CIMB research on 1st Dec downgrading JCY.
"We slash our FY11-12 EPS estimates by 20-28%. In view of the murky near-term outlook and P/E compression for HDD suppliers, we cut our target P/E from 12x CY11 to 8x CY12, in line with the industry average. This reduces our target price from RM1.88 to 92 sen. 'We downgrade the stock from Outperform to UNDERPERFORM as the stock could be de-rated by these poor results. Although we remain positive on its long-term prospects, we believe a better time to revisit the stock would be 2H11,' it said." The JCY-CA issued by them has a strike price of RM1.35 maturing in March 2011. How convenient 2H11 only they will re-look this share and re-rate. |
|
|
Dec 3 2010, 06:48 PM
|
|
Junior Member
48 posts Joined: Jul 2009
|
He was forced by Najib to list that time. He still owns 74% of listed JCY, when JCY price drop he also rugi besar, better take it private.
|
|
|
Dec 3 2010, 06:50 PM
|
|
Senior Member
1,616 posts Joined: Aug 2010
|
Yes he cashed out... I remember it was RM750m masuk pocket?
Back then it was pretty obvious what he intended to do, correct me if I'm wrong. So it's hard to say we got conned or left in lurch  if we did our homework |
|
|
Dec 3 2010, 09:24 PM
|
Senior Member
2,549 posts Joined: Dec 2004 From: Sungai Petani, Kedah
|
all those company that ask to list will be underperform. Eg, maxis.
|
|
|
Dec 3 2010, 09:40 PM
|
|
Senior Member
4,966 posts Joined: Nov 2008
|
think too much lio la. the fact is they reports earnings less than expected. then a q lost. so stock dive which is fair.
ask him to report a 500m profit next q then ca, cb ..., cz also fly to the moon. |
|
|
Dec 4 2010, 09:35 PM
|
Senior Member
1,205 posts Joined: Jan 2010
|
QUOTE(skiddtrader @ Dec 3 2010, 06:46 PM) Found a snippet of CIMB research on 1st Dec downgrading JCY. This is typical scenario of Chinese Chess " Horse behind gun". I never trust bla bla specialist/expert. If the expert is so good, he/she should comment before the Quarterly Report announce! Do you know the target price revised from RM 1.88 to 92 sen is so serious to innocent buyers and investors, it just show that these kind of fellows are bullshit and useless "We slash our FY11-12 EPS estimates by 20-28%. In view of the murky near-term outlook and P/E compression for HDD suppliers, we cut our target P/E from 12x CY11 to 8x CY12, in line with the industry average. This reduces our target price from RM1.88 to 92 sen. 'We downgrade the stock from Outperform to UNDERPERFORM as the stock could be de-rated by these poor results. Although we remain positive on its long-term prospects, we believe a better time to revisit the stock would be 2H11,' it said." The JCY-CA issued by them has a strike price of RM1.35 maturing in March 2011. How convenient 2H11 only they will re-look this share and re-rate.  .This post has been edited by firee818: Dec 4 2010, 10:04 PM |
|
|
Dec 4 2010, 09:46 PM
|
|
Senior Member
1,205 posts Joined: Jan 2010
|
QUOTE(dt09 @ Dec 3 2010, 05:26 PM) I suspect this loss is done on purpose to avoid paying additional dividends. Loss amount is just nice to avoid second dividend payment ( dividend policy of 50% of net profit ). I heard some rumour that Yong Yoon Kiong who holds 74% of JCY wants to take it private again since JCY has been underperformed in KLSE. Did anyone hear this rumour ? If it comes true then, there is still a hope. No hope for the share price at least at the moment ( for this financial year ends).Added on December 4, 2010, 9:48 pm QUOTE(mynewuser @ Dec 3 2010, 09:24 PM) all those company that ask to list will be underperform. Eg, maxis. Depend, what about MHB!This post has been edited by firee818: Dec 4 2010, 09:48 PM |
|
|
Dec 6 2010, 01:13 PM
|
Senior Member
630 posts Joined: Oct 2010
|
QUOTE(firee818 @ Dec 4 2010, 10:46 PM) No hope for the share price at least at the moment ( for this financial year ends). If the company have strong fundamental, it will go up again. Just look at SAPCRES history the share price going up and down like waves...So if youa re investor, you invest in potential stock when it is low but if you are a gambler you will run when every \body run. that's what happen with JCY because the majority of share holder are gamblers!Added on December 4, 2010, 9:48 pm Depend, what about MHB! |
|
|
Dec 6 2010, 01:28 PM
|
Senior Member
2,211 posts Joined: Sep 2009 From: Kuala Lumpur
|
QUOTE(escargo75 @ Dec 6 2010, 01:13 PM) If the company have strong fundamental, it will go up again. Just look at SAPCRES history the share price going up and down like waves...So if youa re investor, you invest in potential stock when it is low but if you are a gambler you will run when every \body run. that's what happen with JCY because the majority of share holder are gamblers! This appeared in The Star today:James Wong say that 'Malaysian Investor don't understand.... ???' or he don't understand Malaysian Traders....??? http://biz.thestar.com.my/news/story.asp?f...69&sec=business This post has been edited by rosdi1: Dec 6 2010, 01:30 PM |
|
|
Dec 6 2010, 01:31 PM
|
|
Senior Member
630 posts Joined: Oct 2010
|
QUOTE(rosdi1 @ Dec 6 2010, 02:28 PM) This appeared in The Star today: Perhaps we have more traders or gamblers in Malaysia than real investors...James Wong say that 'Malaysian Investor don't understand.... ???' or he don't understand Malaysian Traders....??? http://biz.thestar.com.my/news/story.asp?f...69&sec=business |
|
|
Dec 6 2010, 01:49 PM
|
|
Senior Member
2,211 posts Joined: Sep 2009 From: Kuala Lumpur
|
QUOTE(escargo75 @ Dec 6 2010, 01:31 PM) 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 |
|
|
Dec 6 2010, 03:16 PM
|
|
Senior Member
630 posts Joined: Oct 2010
|
QUOTE(rosdi1 @ Dec 6 2010, 02:49 PM) Don't use the word gamblers la..... 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...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 |
|
|
Dec 6 2010, 03:23 PM
|
|
Senior Member
1,616 posts Joined: Aug 2010
|
edit: don't want to offend, sorry
 This post has been edited by Currylaksa: Dec 6 2010, 03:25 PM |
|
|
Dec 6 2010, 03:35 PM
|
|
Senior Member
2,211 posts Joined: Sep 2009 From: Kuala Lumpur
|
QUOTE(escargo75 @ Dec 6 2010, 03:16 PM) 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... Yes my friend you can have your opinion..But just should remember the bad opinion on other people should just be kept within yourself.... |
|
|
Dec 8 2010, 10:43 AM
|
|
Senior Member
1,769 posts Joined: Aug 2005
|
QUOTE(escargo75 @ Dec 6 2010, 01:31 PM) Perhaps we have more traders or gamblers in Malaysia than real investors... 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 .... |
|
|
Dec 8 2010, 01:43 PM
|
|
Senior Member
630 posts Joined: Oct 2010
|
QUOTE(BoltonMan @ Dec 8 2010, 11:43 AM) i kinda agree ... a lot people treat stock as gambling without deep research and analysis ... BoltonMan,still deep research and analysis still not enough if external factor happen like n.korea bomb s.korea .... 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? |
|
|
Dec 8 2010, 10:20 PM
|
|
Senior Member
1,002 posts Joined: Sep 2007
|
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 |
|
|
Dec 9 2010, 09:51 AM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(chgchksg128 @ Dec 8 2010, 10:20 PM) fundamental: cyclical industry and it will turn to a good time. It is difficult to judge nowadays.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 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 |
|
|
Dec 9 2010, 10:14 AM
|
|
Senior Member
630 posts Joined: Oct 2010
|
QUOTE(cherroy @ Dec 9 2010, 10:51 AM) It is difficult to judge nowadays. 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!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. |
|
|
Jan 12 2011, 03:08 PM
|
|
Senior Member
721 posts Joined: Jan 2003
|
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 |
|
|
Jan 29 2011, 10:40 AM
|
Junior Member
40 posts Joined: Mar 2008
|
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 |
|
|
Jan 31 2011, 01:44 PM
|
|
Validating
163 posts Joined: Jun 2005
|
any news fot this?
|
|
|
Feb 16 2011, 03:14 PM
|
|
Junior Member
166 posts Joined: Oct 2010
|
Anyone has got any research paper / update on this counter?
|
|
|
Feb 16 2011, 05:33 PM
|
|
Senior Member
712 posts Joined: Apr 2009
|
QUOTE(MagicEcho @ Feb 16 2011, 03:14 PM) 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. |
|
|
Feb 16 2011, 09:12 PM
|
|
Senior Member
1,769 posts Joined: Aug 2005
|
because hard disk will have difficult year ...
|
|
|
Feb 16 2011, 11:12 PM
|
|
Senior Member
2,211 posts Joined: Sep 2009 From: Kuala Lumpur
|
QUOTE(BoltonMan @ Feb 16 2011, 09:12 PM) 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. |
|
|
Feb 17 2011, 06:34 PM
|
Junior Member
55 posts Joined: Nov 2006
|
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*
|
|
|
Feb 17 2011, 06:55 PM
|
|
Junior Member
35 posts Joined: Jan 2011
|
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...
|
|
|
Feb 17 2011, 08:16 PM
|
|
Junior Member
172 posts Joined: Jun 2009
|
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. |
|
|
Feb 17 2011, 09:32 PM
|
|
Senior Member
984 posts Joined: Nov 2008
|
QUOTE(rosdi1 @ Feb 16 2011, 11:12 PM) I agree there is a glut in the market for hard disk. A useful insight. Technology changes so fast. JCY business is volatile and unstable.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. |
|
|
Feb 17 2011, 10:09 PM
|
|
Senior Member
4,305 posts Joined: Sep 2008
|
QUOTE(Oracles99 @ Feb 17 2011, 09:32 PM) A useful insight. Technology changes so fast. JCY business is volatile and unstable. But JCY mainly supply mechanical parts if I am not mistaken, the quantity of parts supplied is fixed but precision level might need to be increase with time, price of parts supply should decrease with each cost reduction effort, meaning to say increase of storage/ price shouldn't impact JCY too much, but decrease of sales quantity will. IMHO, the main factors for JCY are:1. cost of material e.g. steel etc; 2. labor cost; 3. energy cost 4. favorable exchange rate and most importantly 5. demand. |
|
|
Feb 21 2011, 10:48 AM
|
|
Junior Member
518 posts Joined: Mar 2006
|
my average is @ 1.36 .. should i buy more to lower down my average since JCY hits its new low 0.71? or this share is hopeless already lol
|
|
|
Feb 21 2011, 11:32 AM
|
|
Senior Member
2,058 posts Joined: Dec 2006
|
QUOTE(ryei @ Feb 21 2011, 10:48 AM) my average is @ 1.36 .. should i buy more to lower down my average since JCY hits its new low 0.71? or this share is hopeless already lol leverage down only on those good company, at this moment JCY is not at all ... |
|
|
Feb 21 2011, 01:14 PM
|
|
Senior Member
3,879 posts Joined: Jul 2005
|
the upcoming financial report's profit or loss is crucial...
if still making a loss, then definitely price will further plunging downwards without support..... if it is making profit, then .... |
|
|
Feb 21 2011, 01:41 PM
|
|
Junior Member
518 posts Joined: Mar 2006
|
QUOTE(sjz @ Feb 21 2011, 01:14 PM) the upcoming financial report's profit or loss is crucial... when will it be?if still making a loss, then definitely price will further plunging downwards without support..... if it is making profit, then .... |
|
|
Feb 21 2011, 03:36 PM
|
|
Senior Member
3,879 posts Joined: Jul 2005
|
i think should be on 28th of feb....
but this few days it might give you a surprise... |
|
|
Feb 22 2011, 05:07 PM
|
|
Senior Member
1,466 posts Joined: Jul 2008 From: Wherever you're
|
QUOTE(sjz @ Feb 21 2011, 03:36 PM) i think should be on 28th of feb.... what do u mean by surprise? + or -? I tot need to wait on 31st March?but this few days it might give you a surprise... This post has been edited by ahcheap: Feb 22 2011, 05:20 PM |
|
|
Feb 22 2011, 05:29 PM
|
|
Senior Member
2,058 posts Joined: Dec 2006
|
suprise can be all the way down too ...
|
|
|
Feb 23 2011, 11:59 AM
|
|
Junior Member
518 posts Joined: Mar 2006
|
this share is non stop sinking like no bottom.. lol
This post has been edited by ryei: Feb 23 2011, 02:22 PM |
|
|
Feb 23 2011, 01:43 PM
|
|
Junior Member
48 posts Joined: Oct 2010
|
can buy or not with the price 0.675?
|
|
|
Feb 23 2011, 03:18 PM
|
|
Senior Member
2,058 posts Joined: Dec 2006
|
QUOTE(Nikon1 @ Feb 23 2011, 01:43 PM) can buy or not with the price 0.675? avoid this counter |
|
|
Feb 23 2011, 04:43 PM
|
|
Junior Member
82 posts Joined: Jan 2011
|
actually.. if you can hold it, why not? This stock can't go down forever.. don't know the bottom yet though..
|
|
|
Feb 23 2011, 05:09 PM
|
|
Junior Member
518 posts Joined: Mar 2006
|
QUOTE(newbie_trader @ Feb 23 2011, 04:43 PM) actually.. if you can hold it, why not? This stock can't go down forever.. don't know the bottom yet though.. could be 20 cents LOL |
|
|
Feb 23 2011, 05:22 PM
|
Senior Member
822 posts Joined: Aug 2006 From: Perak[Sitiawan] -> SubangJaya[SS15] -> Sunway
|
QUOTE(ryei @ Feb 23 2011, 12:59 PM) this share is non stop sinking like no bottom.. lol hahahhaaha |
|
|
Feb 23 2011, 10:06 PM
|
|
Junior Member
55 posts Joined: Nov 2006
|
QUOTE(newbie_trader @ Feb 23 2011, 05:43 PM) actually.. if you can hold it, why not? This stock can't go down forever.. don't know the bottom yet though.. i have been holding it for many months already since last year. i kept my optimism but in the end juz can't stand the drop. Shld hav sold tis counter much earlier. HDD is juz not tat booming now, it'll definitely head south if its financial rpt not strong |
|
|
Feb 23 2011, 10:35 PM
|
|
Senior Member
1,466 posts Joined: Jul 2008 From: Wherever you're
|
QUOTE(sancakAhNgau @ Feb 23 2011, 10:06 PM) i have been holding it for many months already since last year. i kept my optimism but in the end juz can't stand the drop. Shld hav sold tis counter much earlier. HDD is juz not tat booming now, it'll definitely head south if its financial rpt not strong same here, victim here . |
|
|
Feb 23 2011, 10:37 PM
|
|
Senior Member
4,966 posts Joined: Nov 2008
|
thinking ... what is the possibility of reporting another lost ?
|
|
|
Feb 24 2011, 09:36 AM
|
|
Junior Member
518 posts Joined: Mar 2006
|
QUOTE(GregPG01 @ Feb 23 2011, 10:37 PM) thinking ... what is the possibility of reporting another lost ? heading towards RM0.50 |
|
|
Feb 24 2011, 09:43 AM
|
|
Senior Member
2,058 posts Joined: Dec 2006
|
QUOTE(sancakAhNgau @ Feb 23 2011, 10:06 PM) i have been holding it for many months already since last year. i kept my optimism but in the end juz can't stand the drop. Shld hav sold tis counter much earlier. HDD is juz not tat booming now, it'll definitely head south if its financial rpt not strong what your price ? |
|
|
Feb 24 2011, 06:05 PM
|
|
Junior Member
55 posts Joined: Nov 2006
|
QUOTE(clsiluf @ Feb 24 2011, 10:43 AM) what your price ? RM1.05 ... ouch |
|
|
Feb 24 2011, 08:53 PM
|
|
Senior Member
1,466 posts Joined: Jul 2008 From: Wherever you're
|
QUOTE(sancakAhNgau @ Feb 24 2011, 06:05 PM) RM1.05 ... ouch Mine is Rm1.00, just sold today, 0.64 |
|
|
Feb 24 2011, 09:04 PM
|
Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
|
QUOTE(ahcheap @ Feb 24 2011, 08:53 PM) Mine is Rm1.00, just sold today, 0.64 Painful exit.Hope your holding is not a lot.. |
|
|
Feb 24 2011, 11:21 PM
|
|
Senior Member
718 posts Joined: Jan 2003 From: Seri Kembangan
|
RM0.64 if i didn't remember wrongly..is OSK target price to sell up to RM0.64 cents...see if it drops further tomorrow....good luck guys...i am staying out at the moment...
|
|
|
Feb 25 2011, 12:18 AM
|
Junior Member
186 posts Joined: Feb 2011 From: Sabah
|
QUOTE(ahcheap @ Feb 24 2011, 08:53 PM) Mine is Rm1.00, just sold today, 0.64 wow~~ v painful indeed >.< |
|
|
Feb 25 2011, 02:06 AM
|
|
Senior Member
822 posts Joined: Aug 2006 From: Perak[Sitiawan] -> SubangJaya[SS15] -> Sunway
|
good luck guys. ....
i think to join at 0.50 .... i think should be ok ... |
|
|
Feb 25 2011, 09:56 AM
|
|
Junior Member
518 posts Joined: Mar 2006
|
QUOTE(ahcheap @ Feb 24 2011, 08:53 PM) Mine is Rm1.00, just sold today, 0.64 i got 3,000 shares average @ 1.36  still holding thou  |
|
|
Feb 25 2011, 11:56 AM
|
|
Senior Member
2,058 posts Joined: Dec 2006
|
me 1.03 sold at 0.795 !!!
|
|
|
Feb 25 2011, 12:02 PM
|
|
Senior Member
2,211 posts Joined: Sep 2009 From: Kuala Lumpur
|
QUOTE(clsiluf @ Feb 25 2011, 11:56 AM) me 1.03 sold at 0.795 !!! 22 + % ?? |
|
|
Feb 25 2011, 01:06 PM
|
|
Senior Member
3,879 posts Joined: Jul 2005
|
rebounce ??
|
|
|
Feb 25 2011, 01:43 PM
|
|
Senior Member
572 posts Joined: Sep 2007
|
QUOTE(rosdi1 @ Feb 25 2011, 12:02 PM) 22 + % ?? Waited till 80% capital loss lah, every computer used hard disk wan, sure price will go up wan.If not owner can ipo 1.90, take private again 45 sen, that time no know need to sell/cutloss lah |
|
|
Feb 25 2011, 01:56 PM
|
|
Junior Member
166 posts Joined: Oct 2010
|
QUOTE(Kinitos @ Feb 25 2011, 01:43 PM) Waited till 80% capital loss lah, every computer used hard disk wan, sure price will go up wan. LikeIf not owner can ipo 1.90, take private again 45 sen, that time no know need to sell/cutloss lah |
|
|
Feb 25 2011, 05:34 PM
|
|
Senior Member
1,466 posts Joined: Jul 2008 From: Wherever you're
|
QUOTE(Kinitos @ Feb 25 2011, 01:43 PM) Waited till 80% capital loss lah, every computer used hard disk wan, sure price will go up wan. Easier said than done.If not owner can ipo 1.90, take private again 45 sen, that time no know need to sell/cutloss lah |
|
|
Feb 26 2011, 03:45 PM
|
Senior Member
1,050 posts Joined: Jan 2011
|
QUOTE(ahcheap @ Feb 25 2011, 05:34 PM) Easier said than done. not doin good....the financial... |
|
|
Feb 27 2011, 07:02 PM
|
|
Senior Member
1,466 posts Joined: Jul 2008 From: Wherever you're
|
QUOTE(noswear @ Feb 26 2011, 03:45 PM) not doin good....the financial... source pls |
|
|
Feb 27 2011, 09:16 PM
|
|
Senior Member
1,050 posts Joined: Jan 2011
|
QUOTE(ahcheap @ Feb 27 2011, 07:02 PM) source pls klse....juz announced financial results... |
|
|
Feb 28 2011, 12:21 PM
|
|
Junior Member
82 posts Joined: Jan 2011
|
JCY Target Slashed To MYR0.22 From MYR0.64 By RHB Research.
1Q profit sunk... Not looking good, this JCY.. |
|
|
Feb 28 2011, 01:20 PM
|
|
Senior Member
2,058 posts Joined: Dec 2006
|
please avoid this counter ...
|
|
|
Feb 28 2011, 05:19 PM
|
|
Senior Member
2,508 posts Joined: Jun 2009
|
Looks like this stock will turn into penny stock real soon.
|
|
|
Feb 28 2011, 05:32 PM
|
|
Senior Member
2,211 posts Joined: Sep 2009 From: Kuala Lumpur
|
QUOTE(ronn77 @ Feb 28 2011, 05:19 PM) Looks like this stock will turn into penny stock real soon. What happen... another 7+% dropped today |
|
|
Feb 28 2011, 08:42 PM
|
|
Junior Member
518 posts Joined: Mar 2006
|
QUOTE(rosdi1 @ Feb 28 2011, 05:32 PM) What happen... another 7+% dropped today just sell it asap.. if u want to cover back your loss, don't hold it now..sell it.. till it drop until btm (no idea how far is that..) and buy it back.. the longer u hold, the more pain u suffer my average @ 1.36, sold @ 0.61 that broke my new record |
|
|
Feb 28 2011, 09:32 PM
|
|
Senior Member
1,466 posts Joined: Jul 2008 From: Wherever you're
|
QUOTE(ryei @ Feb 28 2011, 08:42 PM) just sell it asap.. Just forget about this big shit, I ord sold mine at 0.64. if u want to cover back your loss, don't hold it now..sell it.. till it drop until btm (no idea how far is that..) and buy it back.. the longer u hold, the more pain u suffer my average @ 1.36, sold @ 0.61 that broke my new record  |
|
|
Feb 28 2011, 10:55 PM
|
|
Senior Member
4,966 posts Joined: Nov 2008
|
The doom report by RHB in case anyone is interested .
Attached File(s)
Jcy_by_Rhb.pdf ( 73.91k )
Number of downloads: 198 |
|
|
Feb 28 2011, 10:58 PM
|
|
Senior Member
4,966 posts Joined: Nov 2008
|
CIMB report .
Attached File(s)
jcy_20110228_back_from_the_brink_fy10.pdf ( 216.28k )
Number of downloads: 119 |
|
|
Feb 28 2011, 10:59 PM
|
|
Senior Member
4,966 posts Joined: Nov 2008
|
OSK report .
Attached File(s)
JCY_1QFY11_Results_Review_20110228_OSK.pdf ( 82.38k )
Number of downloads: 114 |
|
|
Mar 1 2011, 09:29 AM
|
|
Senior Member
1,050 posts Joined: Jan 2011
|
pathetic stock...
only have one biz ...manufacture HDD only rite? unlike Notion, no buffer from other industry / biz. |
|
|
Mar 1 2011, 11:46 AM
|
|
Newbie
4 posts Joined: Feb 2011
|
QUOTE(noswear @ Mar 1 2011, 09:29 AM) pathetic stock... JCY faced some workers problem last year when one of the employee died from lack of medical attention, and the workers went on strike. Company suffered losses due to that, and had to compensate and provide better facilities besides increasing workers demand for better pay. I think this one of the reasons it had caused 4th Qtr loses ending Sep 30 last year. Going foreard, hope nothing like this happens, otherwise another qtr of losses again.only have one biz ...manufacture HDD only rite? unlike Notion, no buffer from other industry / biz. On the brighter side, the US manufacturing data shows a better next quarter, and that could lead to a better than expected 2nd quarter for the electronics sector as well. Do not throw your shares as yet. It may be a turn-around in the coming quarter unlike what these analysts says. This stock might dip a bit more, but it cannot continue to underperform for too long. It's probably a good time to buy-in and accumulate on weakness. Whatever it is, above is just my personal opinion. This post has been edited by USJ Traffic: Mar 1 2011, 11:50 AM |
|
|
Mar 1 2011, 01:23 PM
|
|
Junior Member
131 posts Joined: May 2008
|
QUOTE(USJ Traffic @ Mar 1 2011, 11:46 AM) JCY faced some workers problem last year when one of the employee died from lack of medical attention, and the workers went on strike. Company suffered losses due to that, and had to compensate and provide better facilities besides increasing workers demand for better pay. I think this one of the reasons it had caused 4th Qtr loses ending Sep 30 last year. Going foreard, hope nothing like this happens, otherwise another qtr of losses again. Mind me to say, it is a complete rubbish statements. this is malaysia, since when any company of malaysia will spend millions of ringgit in taking good care of their staffs ?On the brighter side, the US manufacturing data shows a better next quarter, and that could lead to a better than expected 2nd quarter for the electronics sector as well. Do not throw your shares as yet. It may be a turn-around in the coming quarter unlike what these analysts says. This stock might dip a bit more, but it cannot continue to underperform for too long. It's probably a good time to buy-in and accumulate on weakness. Whatever it is, above is just my personal opinion. secondly, u said huge loss due to compensate ? let me tell u, if this company is hiring the foreign legally, they will definitely be covered by insurance with max compensation of rm 10k. turn around ? the company director even dissapear in this critical time for jcy. the proposed share buy back ? another empty talk ? this industry, as other said, is a cycle business. the worst thing is, jcy can only produce hard disk, which currently, there are tonnes of competitions from vietnam and india. JCY, FORGET IT. FROM THE Q RESULT TILL THE WHOLE MANAGEMENT TEAM, IS A BUNCH OF JOKERS. MOST IMPORTANTLY, AVOID ANY SHARES BY YONG YONG CHAI, THE COMPANY DIRECTOR. |
|
|
Mar 1 2011, 02:10 PM
|
|
Junior Member
82 posts Joined: Jan 2011
|
seriously, why does this so called pathetic stock seem to attract a lot of attention from forumers.
|
|
|
Mar 1 2011, 02:35 PM
|
|
Senior Member
1,769 posts Joined: Aug 2005
|
QUOTE(newbie_trader @ Mar 1 2011, 02:10 PM) seriously, why does this so called pathetic stock seem to attract a lot of attention from forumers. because a lot people bought this stock from the IPO price !!!! |
|
|
Mar 2 2011, 12:21 AM
|
|
Senior Member
718 posts Joined: Jan 2003 From: Seri Kembangan
|
haha...like that buy SAAG better..
|
|
|
Mar 2 2011, 03:32 PM
|
|
Senior Member
4,518 posts Joined: Apr 2010
|
Carlsberg and Guiness are doing fine with this kind of market.
Many punters are alredi in the pubs veri veri "MABUK"! |
|
|
Mar 2 2011, 09:53 PM
|
|
Junior Member
123 posts Joined: Jan 2011
|
no hope?
|
|
|
Mar 8 2011, 09:20 AM
|
|
Junior Member
166 posts Joined: Oct 2010
|
Some movement for JCY today.. Don't know y..
|
|
|
Mar 8 2011, 10:29 AM
|
|
Validating
163 posts Joined: Jun 2005
|
QUOTE(MagicEcho @ Mar 8 2011, 09:20 AM) Some movement for JCY today.. Don't know y.. company buy back own share going to shoot up already.. |
|
|
Mar 8 2011, 10:45 AM
|
|
Senior Member
2,508 posts Joined: Jun 2009
|
could be a fake sign to attract greedy investors to collect their shares dumping.
|
|
|
Mar 8 2011, 11:16 AM
|
|
Junior Member
166 posts Joined: Oct 2010
|
QUOTE(ronn77 @ Mar 8 2011, 10:45 AM) could be a fake sign to attract greedy investors to collect their shares dumping. Likely |
|
|
Mar 8 2011, 11:28 AM
|
|
Junior Member
518 posts Joined: Mar 2006
|
seems like a kick start for something..
|
|
|
Mar 8 2011, 11:53 AM
|
|
Senior Member
1,466 posts Joined: Jul 2008 From: Wherever you're
|
Dun really knw wat happen
|
|
|
Mar 8 2011, 12:06 PM
|
|
Validating
163 posts Joined: Jun 2005
|
|
|
|
Mar 8 2011, 04:03 PM
|
|
Senior Member
630 posts Joined: Oct 2010
|
Yup, confirm that they call for an AGM to approve share buy back. Reason - to stabilize the share price so that investors have confidence in this stock...
|
|
|
Mar 8 2011, 05:52 PM
|
Junior Member
128 posts Joined: Dec 2005
|
Any impact of Western Digital taking over Hitachi? If not mistaken, both are JCY customer.
|
|
|
Mar 8 2011, 10:17 PM
|
Senior Member
2,292 posts Joined: Jan 2006
|
expect the price up again tomolo?
|
|
|
Mar 8 2011, 11:07 PM
|
|
Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
|
QUOTE(sandcool @ Mar 8 2011, 10:17 PM) expect the price up again tomolo? This is goreng counter.Anything can happen.. |
|
|
Mar 25 2011, 10:17 AM
|
|
Senior Member
2,211 posts Joined: Sep 2009 From: Kuala Lumpur
|
At last there are hope here.
I like it very much here I think the downhill slide had finally stop and now is the start of a good climb back to the IPO price???? |
|
|
Mar 25 2011, 03:18 PM
|
|
Senior Member
1,769 posts Joined: Aug 2005
|
QUOTE(rosdi1 @ Mar 25 2011, 10:17 AM) At last there are hope here. provided good news all the way ...I like it very much here I think the downhill slide had finally stop and now is the start of a good climb back to the IPO price???? |
|
|
Mar 25 2011, 03:55 PM
|
|
Senior Member
2,211 posts Joined: Sep 2009 From: Kuala Lumpur
|
QUOTE(BoltonMan @ Mar 25 2011, 03:18 PM) provided good news all the way ... I saw resistance at around 0.91 and a stronger at 1.11so my TP: 0.85 on reverse or 1.05 |
|
|
Mar 25 2011, 11:37 PM
|
Senior Member
641 posts Joined: Jun 2009
|
hehe, i also notice that jcy seems like at bottom oredy, slowly rebound?
|
|
|
Mar 26 2011, 11:05 AM
|
|
Senior Member
2,211 posts Joined: Sep 2009 From: Kuala Lumpur
|
QUOTE(IGax2000 @ Mar 25 2011, 11:37 PM) hehe, i also notice that jcy seems like at bottom oredy, slowly rebound? The Star today have this to say:http://bit.ly/ecff1g Best Regards |
|
|
Mar 26 2011, 11:23 AM
|
|
Junior Member
40 posts Joined: Mar 2008
|
share price might will go up one day.....but i think its not in near future........rebound at this moment it should happen...but to move further....depends on its business...........hard drive market is in sludge right now..........(HD company merging news, lap top demand dropped...).......i think this can be considered long term investment......with risk.....unless JCY can diversify its business market..............don't forget its competitors......N.........
|
|
|
Mar 26 2011, 11:58 PM
|
|
Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
|
Technology market is always risky..
If one day, something comes up and replace HDD, all HDD will be dead meat.. It is like Thumb drive replacing the 1.44' floppy disk. Btw.. One day, we will be moving forward towards a diskless HDD.. It will be something like a lot of "memory cards" giving flash memory kind of HDD.. They can achieve high reading and writing speed one day |
|
|
Mar 27 2011, 01:37 AM
|
|
Senior Member
2,211 posts Joined: Sep 2009 From: Kuala Lumpur
|
QUOTE(Bonescythe @ Mar 26 2011, 11:58 PM) Technology market is always risky.. Trading is risky in any counters...If one day, something comes up and replace HDD, all HDD will be dead meat.. It is like Thumb drive replacing the 1.44' floppy disk. Btw.. One day, we will be moving forward towards a diskless HDD.. It will be something like a lot of "memory cards" giving flash memory kind of HDD.. They can achieve high reading and writing speed one day But no risk no gain... Most important we must manage risk. I am still very bullish on JCY....He hehe |
|
|
Mar 27 2011, 02:26 AM
|
|
Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
|
QUOTE(rosdi1 @ Mar 27 2011, 01:37 AM) Trading is risky in any counters... All the best.. My principal is only play contra on the day itself when high volume identified for all technology counters.. Cannot keep them long and wait for capital appreciation.. Once something in the US come out, it will be directly reflected here..But no risk no gain... Most important we must manage risk. I am still very bullish on JCY....He hehe And moreover Malaysian technology business.. Only know how to follow other people technologies.. Now Ipad2 had launched.. Where is Malaysia? Hahaha.. They will always get the last hand stock when every other people in the world had a touch on it. Always slower than other people... Sigh.. |
|
|
Mar 28 2011, 12:00 AM
|
|
Senior Member
2,211 posts Joined: Sep 2009 From: Kuala Lumpur
|
QUOTE(Bonescythe @ Mar 27 2011, 02:26 AM) All the best.. My principal is only play contra on the day itself when high volume identified for all technology counters.. Cannot keep them long and wait for capital appreciation.. Once something in the US come out, it will be directly reflected here.. What you said on Friday that the price will dropped to 0.67 is on the sport. TQ for that.And moreover Malaysian technology business.. Only know how to follow other people technologies.. Now Ipad2 had launched.. Where is Malaysia? Hahaha.. They will always get the last hand stock when every other people in the world had a touch on it. Always slower than other people... Sigh.. I manage to collect a few averaging 0.67+ and thinking to continue collecting for another day if prices don't jump either way. Still very bullish .. Hehe |
|
|
Mar 28 2011, 03:11 PM
|
|
Senior Member
2,211 posts Joined: Sep 2009 From: Kuala Lumpur
|
QUOTE(rosdi1 @ Mar 28 2011, 12:00 AM) What you said on Friday that the price will dropped to 0.67 is on the sport. TQ for that. Already making a good 9% move.... hope the day traders don't push it back down...I manage to collect a few averaging 0.67+ and thinking to continue collecting for another day if prices don't jump either way. Still very bullish .. Hehe I think the day traders had retired with the day profit.......and the price still move up This post has been edited by rosdi1: Mar 28 2011, 03:22 PM |
|
|
Mar 28 2011, 03:28 PM
|
All Stars
17,100 posts Joined: Mar 2005
|
QUOTE(Bonescythe @ Mar 27 2011, 02:26 AM) All the best.. My principal is only play contra on the day itself when high volume identified for all technology counters.. Cannot keep them long and wait for capital appreciation.. Once something in the US come out, it will be directly reflected here.. haha, today confirm that malaysia market is the Second least preferred market after india for foreign market investment .... nvm la, your jcy going up..... anything can happen ! GO GO GO !!!And moreover Malaysian technology business.. Only know how to follow other people technologies.. Now Ipad2 had launched.. Where is Malaysia? Hahaha.. They will always get the last hand stock when every other people in the world had a touch on it. Always slower than other people... Sigh.. |
|
|
Mar 29 2011, 09:10 AM
|
|
Senior Member
2,211 posts Joined: Sep 2009 From: Kuala Lumpur
|
QUOTE(mikehwy @ Mar 28 2011, 03:28 PM) haha, today confirm that malaysia market is the Second least preferred market after india for foreign market investment .... nvm la, your jcy going up..... anything can happen ! GO GO GO !!! Open gaping green today..expect another good day... |
|
|
Mar 29 2011, 09:18 AM
|
|
Senior Member
1,466 posts Joined: Jul 2008 From: Wherever you're
|
QUOTE(rosdi1 @ Mar 29 2011, 09:10 AM) Open gaping green today..expect another good day... Hats off to you.  |
|
|
Mar 29 2011, 04:20 PM
|
|
Senior Member
630 posts Joined: Oct 2010
|
Kanasai this morning so difficult to catch this stock...now dropping back...near closing time. Worth to catch it again tomolo? If profit taking continue then have to abort!!
|
|
|
Mar 29 2011, 04:57 PM
|
|
Senior Member
2,211 posts Joined: Sep 2009 From: Kuala Lumpur
|
QUOTE(escargo75 @ Mar 29 2011, 04:20 PM) Kanasai this morning so difficult to catch this stock...now dropping back...near closing time. Worth to catch it again tomolo? If profit taking continue then have to abort!! I am still very bullish on thisTP: 0.85 on reverse |
|
|
Mar 30 2011, 04:30 AM
|
|
Junior Member
41 posts Joined: Nov 2009
|
QUOTE(rosdi1 @ Mar 29 2011, 04:57 PM) I am still very bullish on this for short term punt only..TP: 0.85 on reverse |
|
|
Mar 30 2011, 03:47 PM
|
|
Senior Member
630 posts Joined: Oct 2010
|
QUOTE(slts @ Mar 30 2011, 05:30 AM) for short term punt only.. Aiyoyo why no more steam already today.....sudah masuk then no more steam...wrong timing again |
|
|
Mar 30 2011, 05:48 PM
|
|
Senior Member
2,211 posts Joined: Sep 2009 From: Kuala Lumpur
|
QUOTE(escargo75 @ Mar 30 2011, 03:47 PM) Aiyoyo why no more steam already today.....sudah masuk then no more steam...wrong timing again I went in at 0.67+ and my TP is still at 0.85 reverseI think it will move well above 0.90 soon.. |
|
|
Mar 31 2011, 11:46 AM
|
|
Senior Member
534 posts Joined: Dec 2006
|
Should I enter at 75 sen?
|
|
|
Mar 31 2011, 02:50 PM
|
|
Senior Member
1,466 posts Joined: Jul 2008 From: Wherever you're
|
QUOTE(mH3nG @ Mar 31 2011, 11:46 AM) Should I enter at 75 sen? Mhmm |
|
|
Mar 31 2011, 04:15 PM
|
|
Senior Member
2,211 posts Joined: Sep 2009 From: Kuala Lumpur
|
QUOTE(ahcheap @ Mar 31 2011, 02:50 PM) Mhmm Depend what is your profit target?If not that high should be achievable |
|
|
Mar 31 2011, 06:02 PM
|
|
Senior Member
1,769 posts Joined: Aug 2005
|
QUOTE(escargo75 @ Mar 30 2011, 03:47 PM) Aiyoyo why no more steam already today.....sudah masuk then no more steam...wrong timing again you masuk at T + 3 ... jcy already moving since last friday if not mistaken ... |
|
|
Apr 1 2011, 10:15 AM
|
|
Senior Member
2,211 posts Joined: Sep 2009 From: Kuala Lumpur
|
QUOTE(BoltonMan @ Mar 31 2011, 06:02 PM) you masuk at T + 3 ... I had decided to take profit and run... good luck to all jcy already moving since last friday if not mistaken ... |
|
|
Apr 1 2011, 11:17 AM
|
|
Senior Member
630 posts Joined: Oct 2010
|
QUOTE(BoltonMan @ Mar 31 2011, 07:02 PM) you masuk at T + 3 ... averaging it at 0.725 jcy already moving since last friday if not mistaken ... |
|
|
Apr 1 2011, 07:37 PM
|
|
Senior Member
2,526 posts Joined: Feb 2011
|
QUOTE(escargo75 @ Apr 1 2011, 11:17 AM) averaging it at 0.725 Still average down? Big drop these few days.. Anyone still holding? Will it have a chance to go up? Since thr price is so low now.. |
|
|
Apr 2 2011, 10:36 AM
|
Junior Member
121 posts Joined: Mar 2011
|
I enter at price rm0.725 , hope it will go up again .
|
|
|
Apr 2 2011, 10:46 AM
|
|
Senior Member
1,769 posts Joined: Aug 2005
|
QUOTE(justanovice @ Apr 1 2011, 07:37 PM) Still average down? Big drop these few days.. Anyone still holding? Will it have a chance to go up? Since thr price is so low now.. yes read from the star jcy is bidding project from japanso now is good time to accumulate. http://biz.thestar.com.my/news/story.asp?f...90&sec=business Added on April 2, 2011, 10:47 am QUOTE(kampungboy17 @ Apr 2 2011, 10:36 AM) I enter at price rm0.725 , hope it will go up again . yes, i have only in klse for 1 year and i notice patience is the key ...each stock also will got chance to shine ... like kurasia dead from long time yesterday back alive ... This post has been edited by BoltonMan: Apr 2 2011, 10:47 AM |
|
|
Apr 2 2011, 11:10 AM
|
|
Junior Member
121 posts Joined: Mar 2011
|
Very good, Boltonman have been in KLSE 1 year,  i only in KLSE few months ago, very junior.. , still alot to learn..This post has been edited by kampungboy17: Apr 2 2011, 11:10 AM |
|
|
Apr 4 2011, 11:22 AM
|
|
Senior Member
630 posts Joined: Oct 2010
|
JCY rebound go go go!
|
|
|
Apr 4 2011, 09:53 PM
|
|
Junior Member
121 posts Joined: Mar 2011
|
QUOTE(escargo75 @ Apr 4 2011, 11:22 AM) JCY rebound go go go! |
|
|
Apr 4 2011, 11:40 PM
|
|
Senior Member
641 posts Joined: Jun 2009
|
i bought at $0.765 this morning
|
|
|
Apr 7 2011, 09:53 AM
|
|
Junior Member
121 posts Joined: Mar 2011
|
back on track now...
|
|
|
Apr 7 2011, 09:57 AM
|
|
Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
|
HELP college to launch shift to new branch in Fraser Business park area (Near Jalan Loke Yew), KL..
Another good boost for them, TP RM3 reachable? |
|
|
Apr 7 2011, 10:03 AM
|
|
Senior Member
630 posts Joined: Oct 2010
|
QUOTE(Bonescythe @ Apr 7 2011, 10:57 AM) HELP college to launch shift to new branch in Fraser Business park area (Near Jalan Loke Yew), KL.. What that have to do with JCY? Another good boost for them, TP RM3 reachable? |
|
|
Apr 7 2011, 10:03 AM
|
|
Validating
163 posts Joined: Jun 2005
|
finally.. lol
|
|
|
Apr 7 2011, 10:17 AM
|
|
Senior Member
641 posts Joined: Jun 2009
|
to all jcy supporter, huat ar ~~~~~
|
|
|
Apr 7 2011, 11:49 AM
|
|
Senior Member
630 posts Joined: Oct 2010
|
JCY go go go
|
|
|
Apr 7 2011, 04:00 PM
|
|
Newbie
2 posts Joined: Jan 2011
|
Given up !! Sold .805 Good luck everyone..
|
|
|
Apr 8 2011, 01:34 AM
|
|
Junior Member
121 posts Joined: Mar 2011
|
Have sold ..
|
|
|
Apr 8 2011, 11:40 AM
|
|
Senior Member
630 posts Joined: Oct 2010
|
QUOTE(kampungboy17 @ Apr 8 2011, 02:34 AM) Have sold .. So fast sell how to make big money..Share sometimes have to hold awhile hehe...  |
|
|
Apr 8 2011, 05:51 PM
|
|
Junior Member
82 posts Joined: Mar 2007
|
Any latest news ?
|
|
|
Apr 8 2011, 10:30 PM
|
|
Senior Member
641 posts Joined: Jun 2009
|
sold mine, lots of selling pressure today
|
|
|
Apr 9 2011, 02:15 AM
|
|
Junior Member
121 posts Joined: Mar 2011
|
QUOTE(escargo75 @ Apr 8 2011, 11:40 AM) So fast sell how to make big money..Share sometimes have to hold awhile hehe... hahahaha, yes la, abit chicken la.. hahaha... |
|
|
Apr 9 2011, 10:35 PM
|
|
Junior Member
82 posts Joined: Mar 2007
|
buy ....
|
|
|
Apr 11 2011, 09:25 AM
|
|
Junior Member
166 posts Joined: Oct 2010
|
run..
|
|
|
Apr 11 2011, 09:44 AM
|
|
Senior Member
641 posts Joined: Jun 2009
|
run...wait....buy
|
|
|
Apr 11 2011, 06:05 PM
|
|
Junior Member
82 posts Joined: Mar 2007
|
buy...
|
|
|
Apr 11 2011, 07:21 PM
|
|
Junior Member
96 posts Joined: Apr 2010
|
RUN !!!
|
|
|
Apr 11 2011, 09:09 PM
|
|
Junior Member
462 posts Joined: Feb 2007
|
jcy itself is giving a very wrong information about what their actual business nature. they are not harddisk mainly. jcy actually is a tooling and ppercision business. basically, this mean they make the mold and steel part. this is a very very challenging business. china can supply way cheaper, due to the over investment in tooling machine such an CNC MACHINE.
|
|
|
Apr 13 2011, 09:20 PM
|
|
Junior Member
82 posts Joined: Mar 2007
|
buy
|
|
|
Apr 14 2011, 10:45 PM
|
|
Senior Member
630 posts Joined: Oct 2010
|
Buy???? Run!!
|
|
|
Apr 15 2011, 08:28 AM
|
|
Junior Member
82 posts Joined: Mar 2007
|
Buy
|
|
|
May 30 2011, 11:46 AM
|
|
Senior Member
2,211 posts Joined: Sep 2009 From: Kuala Lumpur
|
QUOTE(eslife @ Apr 15 2011, 08:28 AM) Buy With the bad news are all in the open... I think reversal will be soon .. watch for the reversalhttp://biz.thestar.com.my/news/story.asp?f...03&sec=business This post has been edited by rosdi1: May 30 2011, 03:41 PM |
|
|
May 30 2011, 03:17 PM
|
|
Junior Member
159 posts Joined: Feb 2006 From: Ipoh, Pahang, KL
|
alamak!.. JCY !! JCY!!
|
|
|
May 30 2011, 03:48 PM
|
|
All Stars
11,058 posts Joined: Jun 2008
|
QUOTE(ikah @ May 30 2011, 03:17 PM) alamak!.. JCY !! JCY!! Gonna hit all-time low of 0.575sen |
|
|
May 30 2011, 05:30 PM
|
|
Senior Member
2,211 posts Joined: Sep 2009 From: Kuala Lumpur
|
QUOTE(DarkNite @ May 30 2011, 03:48 PM) Gonna hit all-time low of 0.575sen It think it had hit the rock bottom... and reversal soon... I will pick up at 0.62 to 0.65.. |
|
|
Aug 5 2011, 06:50 PM
|
|
Junior Member
494 posts Joined: Nov 2008
|
JCY ...will it shoot up again ??
|
|
|
Aug 6 2011, 05:05 PM
|
|
Senior Member
718 posts Joined: Jan 2003 From: Seri Kembangan
|
QUOTE(kilrathi @ Aug 5 2011, 06:50 PM) JCY ...will it shoot up again ?? might move further south ...abit unfortunate due to its core business are mostly link to US |
|
|
Aug 6 2011, 05:06 PM
|
|
Junior Member
494 posts Joined: Nov 2008
|
oh shucks ...
( |
|
|
Aug 9 2011, 05:28 PM
|
|
Senior Member
1,082 posts Joined: Mar 2009
|
Cut loss at 0.44......loss 1 ipad DAMN!!!!
|
|
|
Aug 9 2011, 09:39 PM
|
|
Senior Member
718 posts Joined: Jan 2003 From: Seri Kembangan
|
as long as USD keep depretiating against RM....then JCY will earn lesser and lesser.
Added on August 10, 2011, 10:44 amRUNNNNN...before it gets even lower... This post has been edited by changshen: Aug 10 2011, 10:44 AM |
|
|
Aug 16 2011, 01:11 PM
|
|
Senior Member
2,211 posts Joined: Sep 2009 From: Kuala Lumpur
|
I think this counter had being hammered enough and now look very good technically for some rebounce.
From my chart the TP is very high .,85. I dont think that can happen in a long while. so I just set my target at TP: 0.75 Time frame: 60 Trading days Anyone have different views on this? This post has been edited by rosdi1: Aug 16 2011, 01:12 PM |
|
|
Aug 16 2011, 01:38 PM
|
|
Senior Member
718 posts Joined: Jan 2003 From: Seri Kembangan
|
different view: perhaps dun buy this counter...dangerous..HDD market remain challenging...unless u want to buy for pure trading play based on technical analysis....
|
|
|
Aug 16 2011, 02:27 PM
|
|
Senior Member
2,211 posts Joined: Sep 2009 From: Kuala Lumpur
|
QUOTE(changshen @ Aug 16 2011, 01:38 PM) different view: perhaps dun buy this counter...dangerous..HDD market remain challenging...unless u want to buy for pure trading play based on technical analysis.... Anything I purchase is on a pure trading play.I believe everything have a price and after it had move so far down , it will be over sold and reverse back . attach are the previous Q result. ( 3Q result should be announced soon: I expect a better result) 
|
|
|
Aug 16 2011, 02:47 PM
|
Senior Member
6,779 posts Joined: Dec 2005 From: Kuala Lumpur
|
QUOTE(rosdi1 @ Aug 16 2011, 03:27 PM) Anything I purchase is on a pure trading play. The storms are over for u that u come back for trading? I believe everything have a price and after it had move so far down , it will be over sold and reverse back . attach are the previous Q result. ( 3Q result should be announced soon: I expect a better result)
I did check the chart also just now. RSI 37 hook up. MADC about to cross over. Vol double of avg vol. Perhaps added a little bit more vol will be ideal. |
|
|
Aug 16 2011, 02:55 PM
|
|
Senior Member
2,211 posts Joined: Sep 2009 From: Kuala Lumpur
|
QUOTE(ngaisteve1 @ Aug 16 2011, 02:47 PM) The storms are over for u that u come back for trading? I still think the volatility is still very high..It can swing either way.... I did check the chart also just now. RSI 37 hook up. MADC about to cross over. Vol double of avg vol. Perhaps added a little bit more vol will be ideal. look at today ... opened 10 up and now about even. Just pick up a few of the cheap counters. |
|
|
Aug 16 2011, 03:33 PM
|
|
Senior Member
6,779 posts Joined: Dec 2005 From: Kuala Lumpur
|
QUOTE(rosdi1 @ Aug 16 2011, 03:55 PM) I still think the volatility is still very high..It can swing either way.... Which one u managed to grab? Both JCY and MAS?look at today ... opened 10 up and now about even. Just pick up a few of the cheap counters. |
|
|
Aug 16 2011, 03:49 PM
|
|
Senior Member
1,082 posts Joined: Mar 2009
|
vested at 53...
hope can go up to 65 |
|
|
Aug 16 2011, 08:26 PM
|
All Stars
14,902 posts Joined: Apr 2005 From: Kuala Lumpur & Selangor
|
QUOTE(danielc156 @ Aug 16 2011, 03:49 PM) vested at 53... CIMB has a target price of 58 cents. hope can go up to 65 http://www.theedgemalaysia.com/business/19...h-upgrade-.html |
|
|
Aug 18 2011, 10:16 AM
|
|
Senior Member
2,211 posts Joined: Sep 2009 From: Kuala Lumpur
|
QUOTE(Icehart @ Aug 16 2011, 08:26 PM) This morning it is well supported... now at 0.495/0.500 |
|
|
Aug 18 2011, 07:25 PM
|
|
Senior Member
1,082 posts Joined: Mar 2009
|
still got strenght leh........tomorrow hoot till 55c
|
|
|
Aug 18 2011, 11:24 PM
|
|
Senior Member
2,211 posts Joined: Sep 2009 From: Kuala Lumpur
|
QUOTE(danielc156 @ Aug 18 2011, 07:25 PM) still got strenght leh........tomorrow hoot till 55c Sold off all my JCY today at 0.495. Decided not to carry it overnight |
|
|
Aug 23 2011, 10:00 AM
|
|
Senior Member
1,082 posts Joined: Mar 2009
|
Damn it tio burn.......stupid holland stock...cut off at .43 Last quarter making losses coming quarter if recession sure masuk lokang........will become penny stock soon
|
|
|
Aug 23 2011, 11:15 AM
|
|
Junior Member
494 posts Joined: Nov 2008
|
QUOTE(danielc156 @ Aug 23 2011, 10:00 AM) Damn it tio burn.......stupid holland stock...cut off at .43 Last quarter making losses coming quarter if recession sure masuk lokang........will become penny stock soon its moving up north again !!! 0 |
|
|
Aug 23 2011, 11:21 AM
|
|
Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
|
QUOTE(danielc156 @ Aug 23 2011, 10:00 AM) Damn it tio burn.......stupid holland stock...cut off at .43 Last quarter making losses coming quarter if recession sure masuk lokang........will become penny stock soon Already penny-ing liau |
|
|
Aug 23 2011, 04:57 PM
|
|
Junior Member
494 posts Joined: Nov 2008
|
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 ..
) |
|
|
Aug 23 2011, 05:09 PM
|
|
Senior Member
1,082 posts Joined: Mar 2009
|
This 1 will drop somemore towards 30-35cts last q losses 32 mil next q mayb a bit better but look at US.....almost recession keep reducing work force for banks so i guess still likely in red next q
|
|
|
Aug 23 2011, 05:29 PM
|
|
Newbie
3 posts Joined: Jul 2011
|
QUOTE(kilrathi @ Aug 23 2011, 04:57 PM) 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 .. quarter result no good at all, us economy down, japan down, demand on hdd down, material price hike.)hardly see hope on this counter |
|
|
Aug 23 2011, 05:30 PM
|
|
Junior Member
494 posts Joined: Nov 2008
|
this counter lowest hit @ rm 0.415.... and well sustained at RM 0.445-RM0.45 ... just my thought that it will play around RM 0.45 - RM 0.48 in the next couple days ...
Added on August 23, 2011, 7:59 pmanyone can advise me of the estimated TP for this stock tomorrow/ wednesday ? This post has been edited by kilrathi: Aug 23 2011, 07:59 PM |
|
|
Aug 23 2011, 10:52 PM
|
|
Senior Member
718 posts Joined: Jan 2003 From: Seri Kembangan
|
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....
|
|
|
Aug 24 2011, 06:40 AM
|
|
Senior Member
2,211 posts Joined: Sep 2009 From: Kuala Lumpur
|
QUOTE(changshen @ Aug 23 2011, 10:52 PM) 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.... Their Q report :QUOTE 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 future don't look that good as most of the problems will not go away very soon. The inhouse initiative of efficiency and cost management had not help them much yet. I have to agree that the short term future don't look that good. The next question is what is the fair value of their share? I still think it should be at around the NTA of 0.40+- (20%) due to the sizeable revenue of 1.5 bill per year i have some bought recently and selling it off for small or no profit. |
|
|
Aug 26 2011, 11:33 AM
|
|
Junior Member
189 posts Joined: May 2007 From: where headhunters and norse viking bred
|
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)
|
|
|
Aug 26 2011, 04:14 PM
|
|
Senior Member
2,211 posts Joined: Sep 2009 From: Kuala Lumpur
|
QUOTE(amvasierra @ Aug 26 2011, 11:33 AM) 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) I have to agree with you... don't look good at all...i am totally out now... |
|
|
Aug 26 2011, 09:17 PM
|
|
All Stars
14,902 posts Joined: Apr 2005 From: Kuala Lumpur & Selangor
|
I personally avoid this kind of stock especially when the substantial shareholder is cashing out via IPO. It shows that the director or major shareholder lacks confidence in the company.
All the best traders and investors. QUOTE 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. QUOTE 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. http://biz.thestar.com.my/news/story.asp?f...03&sec=business This post has been edited by Icehart: Aug 26 2011, 09:18 PM |
|
|
Oct 8 2011, 02:00 AM
|
Junior Member
400 posts Joined: Dec 2006 From: Penang
|
Sorry to spawn this and sidetrack the topic. Just watch CNN freedom project. And JCY and WD apparently mistreating the production operator. A form of slavery according to international standard.....
|
|
|
Oct 9 2011, 08:32 PM
|
|
Senior Member
718 posts Joined: Jan 2003 From: Seri Kembangan
|
forget about this counter la..still got people talk about it ar?....
|
|
|
Oct 19 2011, 04:34 PM
|
|
Junior Member
251 posts Joined: Apr 2011
|
up like hell today
|
|
|
Oct 19 2011, 06:28 PM
|
|
Senior Member
1,675 posts Joined: Jan 2010 From: KUL
|
QUOTE(changshen @ Oct 9 2011, 08:32 PM) forget about this counter la..still got people talk about it ar?.... that's what we called investors rather than traders. |
|
|
Oct 19 2011, 09:41 PM
|
|
Junior Member
50 posts Joined: Oct 2011
|
original post:hot newshttp://klsehotnews.blogspot.com/2011/10/jcy-active-up-in-afternoon-session.html
KUALA LUMPUR: JCY International Bhd shares were actively traded in the afternoon session on Wednesday, Oct 19 as the hard disk drive manufacturer was viewed by investors as less affected from the severe flooding in Thailand which had impacted other players. At 3.20pm, JCY rose 11 sen to 56.5 sen with 42.65 million shares done. The floods in Thailand have forced the shutdown of the facilities some of the Malaysian HDD makers with operations in that country. An analyst with MIDF Research said while JCY’s plant located in Saraburi, Thailand was also affected, it was possible that the impact was not as significant. “Looking at their latest quarterly result, Malaysia accounts for 76% of its revenue, while the rest are lumped together as others and individually fall below the 10% threshold of a reportable segment. “So with the flooding in Thailand affecting HDD makers there, it could redirect some of the demand towards Malaysia based manufacturer such as JCY to fill in the gap,” he said. This post has been edited by jingxianho: Oct 19 2011, 09:43 PM |
|
|
Oct 19 2011, 10:15 PM
|
|
Junior Member
51 posts Joined: Oct 2011
|
I miss the show liau.. |
|
|
Oct 20 2011, 10:44 AM
|
|
Senior Member
1,758 posts Joined: Oct 2009
|
QUOTE(Fuyofuyo @ Oct 19 2011, 10:15 PM) I miss the show liau.. |
|
|
Oct 20 2011, 03:06 PM
|
Junior Member
132 posts Joined: Oct 2011
|
Very high transaction after the news released. The price was being pushed up but don't think can stay long.
Click here to read more |
|
|
Oct 21 2011, 10:37 AM
|
|
Senior Member
1,675 posts Joined: Jan 2010 From: KUL
|
i bet u guys doing contra & cashing out
|
|
|
Oct 23 2011, 11:15 PM
|
|
Junior Member
494 posts Joined: Nov 2008
|
JCY can still push up and break the RM 0.60 barrier ???
|
|
|
Oct 23 2011, 11:23 PM
|
|
Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
|
There should be a second round should my sources are not wrong about it..
We are still counting, and yet to be removed from watch list.. . |
|
|
Oct 23 2011, 11:26 PM
|
|
Junior Member
494 posts Joined: Nov 2008
|
BOne, secondar round meaning this time it'll stay around RM0.6xx region longer period of time ?? THe last round was too short ! im planing to sell of all my JCY stocks when it reaches above RM 0.6xx ??
|
|
|
Oct 23 2011, 11:28 PM
|
|
Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
|
Finger crossed mate..
As the stock is hovering below 55 cents, the 2nd push might probably test 58 cents area |
|
|
Oct 24 2011, 04:19 PM
|
|
Junior Member
494 posts Joined: Nov 2008
|
Bro.. looks like JCY is going through some big blocks at RM 0.54 ... your thoughts about this ??
Added on October 31, 2011, 10:23 amCool ...finally JCY breaks the barrier !!! its flying high time now .. i'm clearing my barrels of JCY @ RM 0.605 ... but i believe, as today JCY is top trading counter, it should surge to about RM 0.65 at least .. good luck to the rest! This post has been edited by kilrathi: Oct 31 2011, 10:23 AM |
|
|
Nov 3 2011, 03:46 AM
|
|
Senior Member
2,211 posts Joined: Sep 2009 From: Kuala Lumpur
|
QUOTE(kilrathi @ Oct 24 2011, 04:19 PM) Bro.. looks like JCY is going through some big blocks at RM 0.54 ... your thoughts about this ?? I pick up some... the TA look goodAdded on October 31, 2011, 10:23 amCool ...finally JCY breaks the barrier !!! its flying high time now .. i'm clearing my barrels of JCY @ RM 0.605 ... but i believe, as today JCY is top trading counter, it should surge to about RM 0.65 at least .. good luck to the rest! and it look like some big player is picking this up TP: 0.71 look very good |
|
|
Nov 3 2011, 09:18 AM
|
|
Junior Member
50 posts Joined: Oct 2011
|
QUOTE(rosdi1 @ Nov 3 2011, 03:46 AM) I pick up some... the TA look good CIMB Equities Research has a technical sell on JCY International at 60 sen at which it is trading at a FY12 price-to-earnings of 8.8 times and price-to-book value of 1.4 times.and it look like some big player is picking this up TP: 0.71 look very good http://klsehotnews.blogspot.com/2011/11/ci...ell-on-jcy.html |
|
|
Nov 3 2011, 09:18 AM
|
Senior Member
3,971 posts Joined: Nov 2007
|
Rosdi, when do you think 0.71 is achievable? 2011?
|
|
|
Nov 3 2011, 01:13 PM
|
|
Senior Member
2,211 posts Joined: Sep 2009 From: Kuala Lumpur
|
QUOTE(pisces88 @ Nov 3 2011, 09:18 AM) Rosdi, when do you think 0.71 is achievable? 2011? I am targeting at less than 50 Trading days or before the New Year.but my stop is at 0.56 |
|
|
Nov 4 2011, 04:57 PM
|
|
Junior Member
132 posts Joined: Oct 2011
|
|
|
|
Nov 8 2011, 07:40 PM
|
|
Senior Member
2,211 posts Joined: Sep 2009 From: Kuala Lumpur
|
QUOTE(rosdi1 @ Nov 3 2011, 01:13 PM) I am targeting at less than 50 Trading days or before the New Year. Today it move up again on a big volume and indicator that funds are chasing the share...but my stop is at 0.56 Now my TP 0.71 look shining a bit. |
|
|
Nov 9 2011, 09:12 AM
|
|
Senior Member
2,211 posts Joined: Sep 2009 From: Kuala Lumpur
|
QUOTE(rosdi1 @ Nov 8 2011, 07:40 PM) Today it move up again on a big volume and indicator that funds are chasing the share... it look like my target is coming sooner now... Now my TP 0.71 look shining a bit. |
|
|
Nov 9 2011, 09:43 AM
|
|
Junior Member
494 posts Joined: Nov 2008
|
QUOTE(rosdi1 @ Nov 9 2011, 09:12 AM) it look like my target is coming sooner now... Looks like it will reach RM 0.90 by this year end .. )Unfortunately, i unloaded all my JCY at RM 0.605 ! |
|
|
Nov 9 2011, 11:16 AM
|
|
Senior Member
2,211 posts Joined: Sep 2009 From: Kuala Lumpur
|
QUOTE(kilrathi @ Nov 9 2011, 09:43 AM) Looks like it will reach RM 0.90 by this year end .. ya I hope so...)Unfortunately, i unloaded all my JCY at RM 0.605 ! I must be buying yours at 0.605 and my TP: 0.71.. coming soon Maybe you like to pick up from here on... |
|
|
Nov 10 2011, 03:51 PM
|
|
Senior Member
2,211 posts Joined: Sep 2009 From: Kuala Lumpur
|
QUOTE(rosdi1 @ Nov 9 2011, 11:16 AM) ya I hope so... All of a suddern it wake up alive again... I must be buying yours at 0.605 and my TP: 0.71.. coming soon Maybe you like to pick up from here on... |
|
|
Nov 10 2011, 08:32 PM
|
|
Senior Member
2,211 posts Joined: Sep 2009 From: Kuala Lumpur
|
QUOTE(rosdi1 @ Nov 10 2011, 03:51 PM) All of a suddern it wake up alive again... Today it was very bulllish on a bearish day vith huge volume.to close on the high , a good sign that it will continue again tomorrow ... This post has been edited by rosdi1: Nov 10 2011, 08:35 PM |
|
|
Nov 11 2011, 09:05 AM
|
|
Senior Member
2,211 posts Joined: Sep 2009 From: Kuala Lumpur
|
QUOTE(rosdi1 @ Nov 10 2011, 08:32 PM) Today it was very bulllish on a bearish day vith huge volume.to close on the high , a good sign that it will continue again tomorrow ... It open gapping and jump over my TP |
|
|
Nov 11 2011, 09:06 AM
|
|
All Stars
14,902 posts Joined: Apr 2005 From: Kuala Lumpur & Selangor
|
QUOTE(rosdi1 @ Nov 11 2011, 09:05 AM) It open gapping and jump over my TP Congrats |
|
|
Nov 11 2011, 09:33 AM
|
|
Senior Member
2,211 posts Joined: Sep 2009 From: Kuala Lumpur
|
QUOTE(Icehart @ Nov 11 2011, 09:06 AM) Congrats Thanks sold already |
|
|
Nov 11 2011, 11:04 AM
|
|
Junior Member
494 posts Joined: Nov 2008
|
QUOTE(rosdi1 @ Nov 11 2011, 09:33 AM) Thanks sold already cantik !!! next stop ?? RM 0.90 ?? ) ??? |
|
|
Nov 11 2011, 03:06 PM
|
|
Junior Member
425 posts Joined: Apr 2011
|
i guess this stock is worth watching until 2012 Q1. since analyst said that there might be a shortage of HDD. perhaps RM1.00 ??? XO
|
|
|
Nov 11 2011, 03:31 PM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(stockerzzz @ Nov 11 2011, 03:06 PM) i guess this stock is worth watching until 2012 Q1. since analyst said that there might be a shortage of HDD. perhaps RM1.00 ??? XO So by 2012, flood receded and factory resume operation, so price plunge then? |
|
|
Nov 11 2011, 03:42 PM
|
|
Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
|
QUOTE(cherroy @ Nov 11 2011, 03:31 PM) So by 2012, flood receded and factory resume operation, so price plunge then? And people dropping from highrise |
|
|
Nov 11 2011, 04:30 PM
|
|
Junior Member
425 posts Joined: Apr 2011
|
Well, i guess that how most of the investor sentiment think. sell off when price is high?
xp |
|
|
Nov 24 2011, 10:05 PM
|
Junior Member
276 posts Joined: Mar 2008
|
Any one make on this rise?
How far will it go? |
|
|
Nov 24 2011, 10:27 PM
|
|
Senior Member
1,108 posts Joined: Apr 2010
|
This stock really 'salt fish realive' because of the Thai flood.
|
|
|
Nov 24 2011, 11:07 PM
|
|
Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
|
Sure to be continued tomorrow
|
|
|
Nov 25 2011, 12:06 AM
|
|
Junior Member
276 posts Joined: Mar 2008
|
QUOTE(super911 @ Nov 24 2011, 10:27 PM) This stock really 'salt fish realive' because of the Thai flood. Totally agree |
|
|
Nov 25 2011, 02:02 AM
|
|
Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
|
Fish without water = dead fish
Fish with a lot of water = happy fish |
|
|
Nov 25 2011, 08:51 AM
|
Senior Member
525 posts Joined: Apr 2011
|
QUOTE(Bonescythe @ Nov 24 2011, 11:07 PM) Sure to be continued tomorrow Continue the Huat Trend ~Take JCY or JCY-CD!!! |
|
|
Nov 25 2011, 11:07 AM
|
Senior Member
886 posts Joined: Aug 2010 From: AMG Engineered
|
hou sai lei ah
|
|
|
Dec 28 2011, 09:58 AM
|
Junior Member
316 posts Joined: Jun 2009
|
JCY is on the way to Rm2, yet this forum is so quiet. I'm surprised.
|
|
|
Dec 28 2011, 12:02 PM
|
|
Junior Member
132 posts Joined: Oct 2011
|
Hi, another hot discussion abt JCY. OSK target price for JCY RM1.30.
http://klse.i3investor.com/quoteservlet.jsp?sa=ss&q=jcy |
|
|
Dec 29 2011, 02:13 PM
|
|
Junior Member
316 posts Joined: Jun 2009
|
QUOTE(machoman_13 @ Dec 28 2011, 12:02 PM) Hi, another hot discussion abt JCY. OSK target price for JCY RM1.30. OSK is way under estimating JCY's potential. The stock will seesaw it's way to break Rm2 by Sep 2012. So if you sell, be sure to buy back on pullback.http://klse.i3investor.com/quoteservlet.jsp?sa=ss&q=jcy |
|
|
Dec 30 2011, 04:04 PM
|
Senior Member
2,516 posts Joined: Feb 2007 From: Uarla Umpur 
|
QUOTE(omione @ Dec 29 2011, 02:13 PM) So if you sell, be sure to buy back on pullback. +1 , pullback.. kasi sapu...semua |
|
|
Jan 4 2012, 12:03 AM
|
|
Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
|
|
|
|
Jan 4 2012, 10:02 AM
|
Junior Member
32 posts Joined: Sep 2009 From: Penang, MY
|
What's the estimate TP for JCY-CD?
|
|
|
Jan 4 2012, 11:02 PM
|
|
Senior Member
2,211 posts Joined: Sep 2009 From: Kuala Lumpur
|
http://announcements.bursamalaysia.com/EDM...BD?OpenDocument
They are saying they will have a very good Q ... this coming quater... How will that translate to share price I dont know...I think quite possitive... What happen when Thailand back in full operation? |
|
|
Jan 4 2012, 11:39 PM
|
Senior Member
3,109 posts Joined: Aug 2007 From: Malaysia > Singapore
|
QUOTE(rosdi1 @ Jan 5 2012, 12:02 AM) http://announcements.bursamalaysia.com/EDM...BD?OpenDocument how u look on this counter? sell on news? They are saying they will have a very good Q ... this coming quater... How will that translate to share price I dont know...I think quite possitive... What happen when Thailand back in full operation? |
|
|
Jan 5 2012, 12:25 AM
|
|
Senior Member
525 posts Joined: Apr 2011
|
JCY Creating New Hike For Tomorrow 05/01/2012
|
|
|
Jan 5 2012, 08:59 AM
|
Junior Member
656 posts Joined: Jan 2003
|
yup, if you don't buy today will regret... but of course do not blindly chase up the shares. if opens today gap up too much, wait and it should come down a little..
|
|
|
Jan 5 2012, 09:15 AM
|
|
Junior Member
32 posts Joined: Sep 2009 From: Penang, MY
|
QUOTE(rosdi1 @ Jan 4 2012, 11:02 PM) http://announcements.bursamalaysia.com/EDM...BD?OpenDocument When Thailand is back full operation, it'll be very competitive again from its major competitors. So I guess as of now, the boost of net profit merely because of increase of demand and prices.They are saying they will have a very good Q ... this coming quater... How will that translate to share price I dont know...I think quite possitive... What happen when Thailand back in full operation? |
|
|
Jan 5 2012, 01:38 PM
|
|
Senior Member
3,887 posts Joined: Jun 2008
|
QUOTE(rosdi1 @ Jan 4 2012, 11:02 PM) http://announcements.bursamalaysia.com/EDM...BD?OpenDocument The thing is with all manufacturing, how often do you get to raise pricing? They were making losses each quarter till now, and suddenly they can hike prices so much that it will undo all the bad news till now?They are saying they will have a very good Q ... this coming quater... How will that translate to share price I dont know...I think quite possitive... What happen when Thailand back in full operation? I cant wait to see their result announcement... if everything is indeed smooth sailing, why aint we getting some numbers already? |
|
|
Jan 5 2012, 02:08 PM
|
|
Senior Member
525 posts Joined: Apr 2011
|
JCY International Berhad News : 05/01/2012 Target Price : RM 1.40 Revised
|
|
|
Jan 5 2012, 03:40 PM
|
|
Senior Member
1,466 posts Joined: Jul 2008 From: Wherever you're
|
QUOTE(Paradise_Trader @ Jan 5 2012, 02:08 PM) JCY International Berhad News : 05/01/2012 Target Price : RM 1.40 Revised I think it should be goreng target price |
|
|
Jan 5 2012, 03:47 PM
|
|
Junior Member
656 posts Joined: Jan 2003
|
based on current fundamentals alone, that TP is cheap. crazy not to accumulate some jcy now....
|
|
|
Jan 5 2012, 03:48 PM
|
|
Senior Member
3,887 posts Joined: Jun 2008
|
QUOTE(Paradise_Trader @ Jan 5 2012, 02:08 PM) JCY International Berhad News : 05/01/2012 Target Price : RM 1.40 Revised Copied from The Star Biz... you do the calculation yourself...QUOTE KUALA LUMPUR: JCY International Bhd says it is likely to record a year-on-year net profit increase of approximately 1,900% for its first financial quarter ended Dec 31, 2011 from RM7.5mil netted in the same period a year ago. The company said in an announcement to Bursa Malaysia yesterday that its quarter-on-quarter net profits will also surge 460% compared with the immediate preceding financial fourth quarter ended Sept 30, 2011 of RM26.4mil. The hard disk drive (HDD) components maker and supplier said that this increase was due to the rise in average selling prices caused by component shortages arising from the October 2011 floods in Thailand. It also attributed this increase to the appreciating US dollar versus the ringgit and some cost management efforts. The company said it would utilise these additional profits for capital expansion. Its board of directors had approved an allocation of RM300mil over the next two years for expansion facilities in Malaysia, Thailand and China. JCY's shares has been in the limelight topping the daily actives list over the past two months chalking up extraordinary gains of almost 200% to close at RM1.18 yesterday from its all time low of 39.5 sen in Sept. The company's shares, for a period of time last year, fell out of favour from investors due to the evolving technology storage space industry with the wide availability of cheaper solid state drives (SSDs) that analysts say had now become an affordable alternative to HDDs. SSDs are used today in smartphones, tablets and ultrabooks. As recent as the quarter ended June 30, 2011, JCY reported a loss and had attributed it to lower selling prices, declining sales volume and a strong ringgit. |
|
|
Jan 5 2012, 04:29 PM
|
|
Junior Member
656 posts Joined: Jan 2003
|
yup........ better grab some juice while it's still cheap cheap
|
|
|
Jan 5 2012, 11:33 PM
|
|
Senior Member
525 posts Joined: Apr 2011
|
Profit for Q1FY12: Climb 1900% over Q1FY11 (7.5m) = (1900% X 7.5m + 7.5m) = 150m Or 460% over Q4FY11 (26.4m) = (460% X 26.44m + 26.44m) = 148m For sure, they are using RM 150m for the computation, and this RM150m is for ONE quarter ONLY. If this RM150m is representative of the next 3 quarters, WOW, whole year is RM600m!!! EPS = 29.34 sen FV = RM2.35 (@ 8x PE) or RM1.76 (@ 6x PE) or RM2.93 (@ 10x PE) CP = RM1.18 |
|
|
Jan 6 2012, 03:57 AM
|
Senior Member
1,227 posts Joined: Sep 2004
|
JCY 2 levels to watch out for retracement..
Attached thumbnail(s) 
|
|
|
Jan 6 2012, 05:32 PM
|
|
Junior Member
132 posts Joined: Oct 2011
|
This is still one of the hottest stock for the past 2 days. Price target RM1.48 from OSK.
http://klse.i3investor.com/servlets/stk/5161.jsp |
|
|
Jan 7 2012, 09:07 AM
|
Senior Member
847 posts Joined: Oct 2011
|
JCY technical outlook
JCY retreat from 1.26 to 1.22 due to bullish exhaustion as shown by hanging man candlestick pattern. RSI is above 70 and pointing down and pullback would expected to 1.18.Strong pullback level to watch 1.00 and 0.93 cents. The trend is bullish TP 1.30,1.37 AND 1.55. 1.37 is critical level which is the last bearish level based on fibo retracement wave count,break and hold above will indicate JCY is really2 want to go further higher. This post has been edited by dinamika: Jan 7 2012, 06:30 PM Attached thumbnail(s) 
|
|
|
Jan 7 2012, 10:10 PM
|
|
Senior Member
525 posts Joined: Apr 2011
|
QUOTE(dinamika @ Jan 7 2012, 09:07 AM) JCY technical outlook Fully Support JCY retreat from 1.26 to 1.22 due to bullish exhaustion as shown by hanging man candlestick pattern. RSI is above 70 and pointing down and pullback would expected to 1.18.Strong pullback level to watch 1.00 and 0.93 cents. The trend is bullish TP 1.30,1.37 AND 1.55. 1.37 is critical level which is the last bearish level based on fibo retracement wave count,break and hold above will indicate JCY is really2 want to go further higher. |
|
|
Jan 7 2012, 10:25 PM
|
|
Senior Member
847 posts Joined: Oct 2011
|
QUOTE(Paradise_Trader @ Jan 7 2012, 10:10 PM) Fully Support If i'm using fibo extension wave count the price will reach 2.90 but need to break 2.00.Anyway will discuss later...we take it step by step |
|
|
Jan 7 2012, 10:37 PM
|
|
Senior Member
525 posts Joined: Apr 2011
|
QUOTE(dinamika @ Jan 7 2012, 10:25 PM) If i'm using fibo extension wave count the price will reach 2.90 but need to break 2.00. Let see the first Break UP RM 1.30 then we can see further Anyway will discuss later...we take it step by step |
|
|
Jan 7 2012, 10:40 PM
|
|
Senior Member
847 posts Joined: Oct 2011
|
QUOTE(Paradise_Trader @ Jan 7 2012, 10:37 PM) Let see the first Break UP RM 1.30 then we can see further Yup! still long way to go...might be will take years |
|
|
Jan 7 2012, 10:41 PM
|
|
Senior Member
525 posts Joined: Apr 2011
|
QUOTE(dinamika @ Jan 7 2012, 10:40 PM) Yup! still long way to go...might be will take years RM 1.30 Monday will Break... |
|
|
Jan 7 2012, 11:55 PM
|
Senior Member
899 posts Joined: May 2008
|
1.30 will take years? i don't think so.. its a very so soon matter...
|
|
|
Jan 8 2012, 12:09 AM
|
|
Senior Member
847 posts Joined: Oct 2011
|
QUOTE(kuance @ Jan 7 2012, 11:55 PM) 1.30 will take years? i don't think so.. its a very so soon matter... 2.90 will take years |
|
|
Jan 8 2012, 11:11 PM
|
|
Senior Member
899 posts Joined: May 2008
|
QUOTE(dinamika @ Jan 8 2012, 12:09 AM) 2.90 will take years yes... 2.90 will take years tat i believe... but 1.30 is just the fact of instant....LOL |
|
|
Jan 9 2012, 12:38 AM
|
|
Senior Member
525 posts Joined: Apr 2011
|
HDD in the limelight
The disastrous massive flood waves in Thailand had created both sadness and happiness. How contradictory for this catastrophe to happen. On the sad note, families that had been hard hit with the waves of killer waters had been mourning for the unbearable losses of loves ones, young and old, not taking into count on the infrastructure destroyed, houses, factory, livestock, and etc. Company that had been affected are facing a tensing period to restructure the whole operation and trying to bring back the normal operation as soon as possible to reduce the losses that will surely be a great impact to them. Thailand is one of the main hub in the manufacturing of HDD, supplying them to the major parts of the HDD eaters, like US. As of the recent hit, HDD manufacturing is just trying it's best to meet 2/3 of the demand of the world, which will definitely drive prices of HDD soaring up into the skies. A quick report from CNET back dated to 20 November 2011, the prices of HDD had soared as high as 3 fold from the normal retail price for the Seagate Barracuda 1TB 7200RPM, from $49.99 to a stunner of $149.99, in weeks. Guardian had been signalling that the shortage of the HDD might penetrate further into the 2012, not erasing the possibilities of it going further than 2012 as well, as the digital world continue to roll faster than what the supplies can meet. There is no doubt that things are going paperless, data centers are set up for storage and tracking purposes, what more about the current economy that is heading for another bullish run should the major influence splash in more liquidity to motivate the market to drive further. To add on the bruise, computerworld had indicated the shutting down/partial shut down of Western Digital and Toshiba HDD factory, that had further slash shipments to 125 million from a 173 million As of my own quick outlook, with the rising population, and with things going digitized into servers, banks setting up more DC for storage, the demand of HDD, already in a constant hike will be most likely seeing a hike with some growth in the speed, which indicates why the supplies of HDD might penetrate further than 2012. After a series of the broad market outlook, what do we have here. Our local company in the line ups are JCY, Unisem and ENG. (Still working on other unexplored counter). JCY - Considered here as the most favorable counter as they are the least affected by the flood, which had enabled them to gain a steep advantage over their opponent, ENG, not a x2 or x3 advantage, but might hit up to x4 or above since ENG need to come back from the destruction, which is hampering their production. With the latest action taken by JCY to approve the 300 million capital expenditure to bulk up further, I would see it as a critical wise decision into taking advantage of the whole market, and a step to penetrate deeper in the market. Consider JCY approving 300 million capital expenditure to meet the demand, I would personally think that this might not be a 1 year affair after all. Bone's TP: RM1.40 Unisem - Do not forget the organs of the HDD, which is why the crazy hike from Unisem lately. Unisem, manufacturer of ICs for the HDD are as important as HDD manufacturer. Although Unisem does not benefit directly from the massive flood, however, this is just a chance too good for them not to miss out the whole fun. Who doesn't like to rub salt to wound and see people cry? Bone's TP: RM1.35 ENG - Of all 3, ENG is the underdog now, consider them coming back from the pile of mess, and licking their wounds while waiting for recovery. How fast ENG could be able to make a come back really relies on the management and their solution now. Although the HDD market is booming up with crazy prices, should ENG not able to come back in a quick manner, we will not see ENG going up, but going stagnant or southern bound because of the great opportunity losses in the limited time frame. ENG could be a dangerous bet, however, might be rewarding on the other side, should they able to come back quickly from that pile of big mess. In short, do you want to ride on this HDD effect? It is up to your very own choices again. Cheers and happy trading. Bonescythe |
|
|
Jan 9 2012, 02:57 AM
|
|
Senior Member
847 posts Joined: Oct 2011
|
Deleted
This post has been edited by dinamika: Jan 9 2012, 10:41 AM |
|
|
Jan 9 2012, 10:42 AM
|
|
Senior Member
847 posts Joined: Oct 2011
|
As expected JCY make a nice move to downside.
|
|
|
Jan 9 2012, 10:57 AM
|
|
Junior Member
117 posts Joined: Nov 2008
|
Sifu can buy at what price?
|
|
|
Jan 9 2012, 10:59 AM
|
|
Senior Member
847 posts Joined: Oct 2011
|
QUOTE(dinamika @ Jan 9 2012, 10:42 AM) As expected JCY make a nice move to downside. Retracement level to watch.1.14,1.05 if strong pull back 1.00 then 0.93 cents. Attached thumbnail(s) 
|
|
|
Jan 9 2012, 03:17 PM
|
|
Senior Member
847 posts Joined: Oct 2011
|
Come on!JCY come back to me.
This post has been edited by dinamika: Jan 9 2012, 03:59 PM |
|
|
Jan 9 2012, 04:00 PM
|
|
Senior Member
847 posts Joined: Oct 2011
|
QUOTE(dinamika @ Jan 9 2012, 03:17 PM) Come on!JCY come back to me. OKAY...good boy! |
|
|
Jan 9 2012, 04:03 PM
|
|
Junior Member
117 posts Joined: Nov 2008
|
HAHA...coming back edy...hope before end will back home n sleep tight...
|
|
|
Jan 9 2012, 04:04 PM
|
|
Senior Member
1,669 posts Joined: Jul 2007
|
QUOTE(dinamika @ Jan 9 2012, 04:00 PM) OKAY...good boy! Sifu Dinamika can now talk to stock? So high level already. I suppose now is a good time to go back in? |
|
|
Jan 9 2012, 04:06 PM
|
|
Junior Member
117 posts Joined: Nov 2008
|
Oh yeah baby...is on the way back...sifu banzai...
|
|
|
Jan 9 2012, 04:08 PM
|
|
Senior Member
847 posts Joined: Oct 2011
|
QUOTE(kalandra @ Jan 9 2012, 04:04 PM) Sifu Dinamika can now talk to stock? So high level already. I suppose now is a good time to go back in? |
|
|
Jan 9 2012, 09:12 PM
|
|
Junior Member
316 posts Joined: Jun 2009
|
QUOTE(dinamika @ Jan 9 2012, 04:08 PM) Yup.I got 1.12 and if fall again I will wait at @ 1.05 Sifu, I think this pullback can reach 93 sen or thereabout. |
|
|
Jan 9 2012, 09:20 PM
|
|
Senior Member
847 posts Joined: Oct 2011
|
QUOTE(omione @ Jan 9 2012, 09:12 PM) Sifu, I think this pullback can reach 93 sen or thereabout. Yup,you are right. |
|
|
Jan 9 2012, 09:58 PM
|
|
Senior Member
847 posts Joined: Oct 2011
|
JCY technical outlook.
Further correction is expected. RSI is pointing down. Retracement level to watch 1.05 and 0.93 cents. Overall trends still bullish. This post has been edited by dinamika: Jan 9 2012, 09:58 PM Attached thumbnail(s) 
|
|
|
Jan 9 2012, 10:21 PM
|
|
Junior Member
656 posts Joined: Jan 2003
|
QUOTE(dinamika @ Jan 9 2012, 09:58 PM) JCY technical outlook. Fundamentally, it should already have reached RM1.50 or RM2.00 already lo........ Have no fear, accumulate more if it goes down further south.Further correction is expected. RSI is pointing down. Retracement level to watch 1.05 and 0.93 cents. Overall trends still bullish. |
|
|
Jan 9 2012, 10:35 PM
|
|
Senior Member
847 posts Joined: Oct 2011
|
QUOTE(tohca @ Jan 9 2012, 10:21 PM) Fundamentally, it should already have reached RM1.50 or RM2.00 already lo........ Have no fear, accumulate more if it goes down further south. I'm confidence on this one but not over confidence.For the time being my chart still shows strong bullish. This post has been edited by dinamika: Jan 9 2012, 10:36 PM |
|
|
Jan 10 2012, 08:03 AM
|
|
Junior Member
656 posts Joined: Jan 2003
|
QUOTE(dinamika @ Jan 9 2012, 10:35 PM) I'm confidence on this one but not over confidence. FA+ and TA also + = HUAT AH!!!!!!! For the time being my chart still shows strong bullish. |
|
|
Jan 10 2012, 09:11 AM
|
|
Senior Member
847 posts Joined: Oct 2011
|
QUOTE(tohca @ Jan 10 2012, 08:03 AM) FA+ and TA also + = HUAT AH!!!!!!! Already sold mine 1.13 breakevenWill collect at 1.05 |
|
|
Jan 10 2012, 09:28 AM
|
Senior Member
556 posts Joined: Oct 2007
|
getting interesting now
|
|
|
Jan 10 2012, 09:56 AM
|
|
Senior Member
1,669 posts Joined: Jul 2007
|
Support at 1.05, really like what sifu Dinamika said.
|
|
|
Jan 10 2012, 10:00 AM
|
|
Senior Member
556 posts Joined: Oct 2007
|
maybe better wait 3pm force selling then only decide?
|
|
|
Jan 10 2012, 11:18 AM
|
|
Junior Member
117 posts Joined: Nov 2008
|
JCY is on the way back...
|
|
|
Jan 10 2012, 11:21 AM
|
|
Senior Member
847 posts Joined: Oct 2011
|
QUOTE(kalandra @ Jan 10 2012, 09:56 AM) Support at 1.05, really like what sifu Dinamika said. If I'm wrong on this..maybe I have to attend this seminar- How to Achieve 90% Success Rate in Trading? 2012 "Investment Mastery" Seminar 13 Jan This post has been edited by dinamika: Jan 10 2012, 11:22 AM |
|
|
Jan 10 2012, 11:25 AM
|
|
Junior Member
117 posts Joined: Nov 2008
|
QUOTE(dinamika @ Jan 10 2012, 11:21 AM) If I'm wrong on this..maybe I have to attend this seminar- How to Achieve 90% Success Rate in Trading? wahaha..should buy some of it's son since it up up up...2012 "Investment Mastery" Seminar 13 Jan |
|
|
Jan 10 2012, 11:29 AM
|
|
Senior Member
556 posts Joined: Oct 2007
|
QUOTE(aerobowl @ Jan 10 2012, 09:28 AM) getting interesting now not interesting liaochanging counter to watch |
|
|
Jan 10 2012, 11:58 AM
|
|
Senior Member
847 posts Joined: Oct 2011
|
QUOTE(welkiller @ Jan 10 2012, 11:25 AM) wahaha..should buy some of it's son since it up up up... If today can close above 1.13 then hangman candlestick threat is considered vanished.This post has been edited by dinamika: Jan 10 2012, 12:04 PM |
|
|
Jan 10 2012, 12:02 PM
|
|
Junior Member
117 posts Joined: Nov 2008
|
QUOTE(dinamika @ Jan 10 2012, 11:58 AM) If today can close above 1.13 then hangman candlestick threat is considered vanished. SIfu sorry can simplify for me ar? I not so understand the meaning leh...pai seh ya... |
|
|
Jan 10 2012, 12:06 PM
|
|
Senior Member
847 posts Joined: Oct 2011
|
QUOTE(dinamika @ Jan 10 2012, 11:58 AM) If today can close above 1.13 then hangman candlestick threat is considered vanished. So...I will closely monitor the price in the dying minute whether to hold it or not.Added on January 10, 2012, 12:08 pm QUOTE(welkiller @ Jan 10 2012, 12:02 PM) SIfu sorry can simplify for me ar? I not so understand the meaning leh...pai seh ya... Maybe you have to attend this seminar- How to Achieve 90% Success Rate in Trading? 2012 "Investment Mastery" Seminar 13 Jan This post has been edited by dinamika: Jan 10 2012, 02:30 PM |
|
|
Jan 10 2012, 12:16 PM
|
Senior Member
558 posts Joined: Jan 2003 From: HELL
|
Probably hit the top?
I could be wrong but this could be the same situation happened last 3 days when "someone" bought 40k lot at 1.27. If see closely, "someone" bought 20k lot at 1.13 and stopped.... |
|
|
Jan 10 2012, 12:24 PM
|
|
Senior Member
847 posts Joined: Oct 2011
|
QUOTE(roy918 @ Jan 10 2012, 12:16 PM) Probably hit the top? Yeah...you are totally wrong..there are big diffrences between those two situation.I could be wrong but this could be the same situation happened last 3 days when "someone" bought 40k lot at 1.27. If see closely, "someone" bought 20k lot at 1.13 and stopped.... |
|
|
Jan 10 2012, 03:12 PM
|
|
Junior Member
316 posts Joined: Jun 2009
|
QUOTE(roy918 @ Jan 10 2012, 12:16 PM) Probably hit the top? Roy, There's no 1.27. Are you referring to JCY or some other counter? The peak was 1.26. I could be wrong but this could be the same situation happened last 3 days when "someone" bought 40k lot at 1.27. If see closely, "someone" bought 20k lot at 1.13 and stopped.... Anyway, congrats to those who heed Sifu Dina's advise and bought at 1.05. You'd have had a good trade, making a cool 10 sen profit - at least. Between now and Sep, fundamentally, JCY is still a one-way street. Up. But it's not going to be a straight arrow. It will negotiate the curves up like most other stocks - up and down. I hope all of you will have a successful, profitable trade all the way up. My humble opinion - the consolidation of the stock price is not over yet for JCY. The past climb was too steep. It needs to take a break. In the next little while, there will be downward pressure on the price. It can be volatile. Be sure to take profit where you can. That's what trading is all about. This post has been edited by omione: Jan 10 2012, 03:13 PM |
|
|
Jan 10 2012, 08:56 PM
|
Senior Member
3,283 posts Joined: Sep 2005
|
QUOTE(omione @ Jan 10 2012, 03:12 PM) Roy, There's no 1.27. Are you referring to JCY or some other counter? The peak was 1.26. I plan to buy at 1.16..... too risky ??Anyway, congrats to those who heed Sifu Dina's advise and bought at 1.05. You'd have had a good trade, making a cool 10 sen profit - at least. Between now and Sep, fundamentally, JCY is still a one-way street. Up. But it's not going to be a straight arrow. It will negotiate the curves up like most other stocks - up and down. I hope all of you will have a successful, profitable trade all the way up. My humble opinion - the consolidation of the stock price is not over yet for JCY. The past climb was too steep. It needs to take a break. In the next little while, there will be downward pressure on the price. It can be volatile. Be sure to take profit where you can. That's what trading is all about. |
|
|
Jan 11 2012, 02:38 AM
|
|
Senior Member
847 posts Joined: Oct 2011
|
JCY
1st TP 1.37 and 2nd TP 1.50 Stop @ 1.10 |
|
|
Jan 11 2012, 08:04 AM
|
|
Senior Member
3,283 posts Joined: Sep 2005
|
QUOTE(dinamika @ Jan 11 2012, 02:38 AM) JCY wow, the TP so high ....1st TP 1.37 and 2nd TP 1.50 Stop @ 1.10 |
|
|
Jan 11 2012, 08:51 AM
|
|
Senior Member
847 posts Joined: Oct 2011
|
The spring already pulled.
|
|
|
Jan 11 2012, 09:42 AM
|
|
Senior Member
3,109 posts Joined: Aug 2007 From: Malaysia > Singapore
|
QUOTE(dinamika @ Jan 11 2012, 09:51 AM) The spring already pulled. mean? |
|
|
Jan 11 2012, 02:10 PM
|
|
Senior Member
847 posts Joined: Oct 2011
|
JCY intraday outlook
Bullish above 1.13 R1 1.22 R2 1.27 R3 1.37 S1 1.08 S2 0.99 |
|
|
Jan 11 2012, 02:18 PM
|
|
Junior Member
117 posts Joined: Nov 2008
|
QUOTE(dinamika @ Jan 11 2012, 02:10 PM) JCY intraday outlook R = Round?Bullish above 1.13 R1 1.22 R2 1.27 R3 1.37 S1 1.08 S2 0.99 S = Stop? |
|
|
Jan 11 2012, 02:28 PM
|
|
Senior Member
847 posts Joined: Oct 2011
|
QUOTE(welkiller @ Jan 11 2012, 02:18 PM) R = Round? R RESISTANCES = Stop? S SUPPORT This post has been edited by dinamika: Jan 11 2012, 04:48 PM |
|
|
Jan 11 2012, 02:30 PM
|
|
Senior Member
847 posts Joined: Oct 2011
|
QUOTE(dinamika @ Jan 11 2012, 08:51 AM) The spring already pulled. The farther you pull it, the more energy it stores to... |
|
|
Jan 11 2012, 05:50 PM
|
|
Junior Member
656 posts Joined: Jan 2003
|
QUOTE(dinamika @ Jan 11 2012, 02:28 PM) R RESISTANCE WOOI I saw what you wrote earlier lo. Naughty naughty... S SUPPORT |
|
|
Jan 11 2012, 07:28 PM
|
|
Senior Member
1,616 posts Joined: Aug 2010
|
Short term play
The surge does not address the long-term phasing out by SSDs |
|
|
Jan 11 2012, 08:32 PM
|
|
Senior Member
847 posts Joined: Oct 2011
|
QUOTE(tohca @ Jan 11 2012, 05:50 PM) WOOI I saw what you wrote earlier lo. Naughty naughty... I think he knew that better than stock market |
|
|
Jan 12 2012, 11:10 AM
|
|
Junior Member
117 posts Joined: Nov 2008
|
JCY today bo lak ar?
|
|
|
Jan 12 2012, 11:23 AM
|
|
Senior Member
847 posts Joined: Oct 2011
|
QUOTE(welkiller @ Jan 12 2012, 11:10 AM) JCY today bo lak ar? Still too early.. |
|
|
Jan 12 2012, 11:26 AM
|
|
All Stars
23,851 posts Joined: Dec 2006
|
keep on dropping, too many sellers ?
|
|
|
Jan 12 2012, 11:28 AM
|
|
Junior Member
117 posts Joined: Nov 2008
|
QUOTE(dinamika @ Jan 12 2012, 11:23 AM) Still too early.. still thinking wanna in few more stock... |
|
|
Jan 12 2012, 11:36 AM
|
|
Junior Member
316 posts Joined: Jun 2009
|
QUOTE(SKY 1809 @ Jan 12 2012, 11:26 AM) keep on dropping, too many sellers ? Just the way it should be. JCY is recharging. Buyers may push the price to 1.21 or may be 1.28 max. Thereafter, the final exhaustion will set in taking the stock to 0.93 (thereabout) in a up-down wave. But I am still optimistic on this counter. I still see the price reaching at least Rm2 before September. Could go higher if momentum carries to 2013. |
|
|
Jan 12 2012, 11:55 AM
|
|
Junior Member
117 posts Joined: Nov 2008
|
QUOTE(omione @ Jan 12 2012, 11:36 AM) Just the way it should be. JCY is recharging. Buyers may push the price to 1.21 or may be 1.28 max. Thereafter, the final exhaustion will set in taking the stock to 0.93 (thereabout) in a up-down wave. But I am still optimistic on this counter. I still see the price reaching at least Rm2 before September. Could go higher if momentum carries to 2013. Anyway i just short term play on this counter... |
|
|
Jan 12 2012, 12:50 PM
|
|
Senior Member
2,211 posts Joined: Sep 2009 From: Kuala Lumpur
|
QUOTE(omione @ Jan 12 2012, 11:36 AM) Just the way it should be. JCY is recharging. Buyers may push the price to 1.21 or may be 1.28 max. Thereafter, the final exhaustion will set in taking the stock to 0.93 (thereabout) in a up-down wave. But I am still optimistic on this counter. I still see the price reaching at least Rm2 before September. Could go higher if momentum carries to 2013. Good luck to you...I still couldn't figure it out.. how it could reach 2.00 |
|
|
Jan 12 2012, 02:46 PM
|
|
Senior Member
847 posts Joined: Oct 2011
|
QUOTE(omione @ Jan 12 2012, 11:36 AM) Just the way it should be. JCY is recharging. Buyers may push the price to 1.21 or may be 1.28 max. Thereafter, the final exhaustion will set in taking the stock to 0.93 (thereabout) in a up-down wave. But I am still optimistic on this counter. I still see the price reaching at least Rm2 before September. Could go higher if momentum carries to 2013. Yup,you could be right though..but could be either way round,will hit 0.93 1st or 1.37.I will see how the candlestick close today. |
|
|
Jan 12 2012, 03:23 PM
|
|
Junior Member
656 posts Joined: Jan 2003
|
QUOTE(rosdi1 @ Jan 12 2012, 12:50 PM) Good luck to you... why not? i think RM2 is almost a certainty. can put money in the bank already, so to speak la.I still couldn't figure it out.. how it could reach 2.00 |
|
|
Jan 12 2012, 04:11 PM
|
|
Junior Member
316 posts Joined: Jun 2009
|
QUOTE(rosdi1 @ Jan 12 2012, 12:50 PM) Good luck to you... It's in the earnings growth for the next few quarters. JCY has already released the earnings guide. So just work the PE.I still couldn't figure it out.. how it could reach 2.00 This post has been edited by omione: Jan 12 2012, 04:11 PM |
|
|
Jan 12 2012, 08:27 PM
|
|
Senior Member
847 posts Joined: Oct 2011
|
JCY technical update.
Short term JCY is bearish. RSI is pointing down and stall nicely on the bullish TL on RSI 14. Break the TL further down move could be expected. Level to watch 1.07 and 1.03 Break above 1.14 is bullish Level to watch 1.21 and 1.24 Overall TL bullish This post has been edited by dinamika: Jan 14 2012, 09:31 PM |
|
|
Jan 14 2012, 09:34 PM
|
|
Senior Member
847 posts Joined: Oct 2011
|
RSI 14 managed to stay above the bullish TL and hooked up so more bullish ahead could be expected.Level to watch 1.19 and 1.24
Break the TL,could expect downward pressure.Level to watch 1.07 and 1.03 Attached thumbnail(s) 
|
|
|
Jan 17 2012, 12:22 AM
|
|
Senior Member
1,466 posts Joined: Jul 2008 From: Wherever you're
|
QUOTE(tohca @ Jan 12 2012, 03:23 PM) why not? i think RM2 is almost a certainty. can put money in the bank already, so to speak la. Let's wait and c. |
|
|
Jan 17 2012, 06:22 AM
|
|
Junior Member
656 posts Joined: Jan 2003
|
QUOTE(ahcheap @ Jan 17 2012, 12:22 AM) Let's wait and c. Yup let's wait and see, but just don't wait laaa. It's always to buy or not to buy. But like they say for the stock market, "Anything can happen". |
|
|
Jan 17 2012, 08:22 AM
|
|
Senior Member
2,211 posts Joined: Sep 2009 From: Kuala Lumpur
|
QUOTE(tohca @ Jan 17 2012, 06:22 AM) Yup let's wait and see, but just don't wait laaa. It's always to buy or not to buy. But like they say for the stock market, "Anything can happen". HahahaI agree with your last statement ... but just remember that it cut both way. Added on January 17, 2012, 8:30 am QUOTE(tohca @ Jan 12 2012, 03:23 PM) why not? i think RM2 is almost a certainty. can put money in the bank already, so to speak la. OOh oh .. This statement contradict the earlier statement......====================================================== I like this counter that why I made the call when it is still in the 0.40s' but I think it is now coming to the peak... But as you say I can be totally wrong..... This post has been edited by rosdi1: Jan 17 2012, 08:30 AM |
|
|
Jan 17 2012, 10:15 AM
|
|
Junior Member
117 posts Joined: Nov 2008
|
walao...JCY have a big road block at 1.16 and 1.17 leh...sienz...
|
|
|
Jan 18 2012, 06:11 PM
|
|
Senior Member
847 posts Joined: Oct 2011
|
Sold all my JCY @ 1.12
Will buy again if RSI 14 is reaching 40. Break the TL,we will see 0.92 cents and strong suport 0.85 cents which is a breakout point. In TA view if the RSI previously hit 80 then dropped around 40 and rebound (crossed 50)is a bullish sign.MA sloping up If the RSI reached 60 then dropped to 20 and rebound(crossed 30) is a bearish sign.MA sloping down This post has been edited by dinamika: Jan 18 2012, 06:49 PM Attached thumbnail(s) 
|
|
|
Jan 18 2012, 07:01 PM
|
|
Senior Member
847 posts Joined: Oct 2011
|
JCY CD
RSI 14 already broke the previous breakout point @ 50 and pointing down.Reach 40 and unable to rebound,could expect more disaster ahead. Support 0.30 cents and 0.18 cents Attached thumbnail(s) 
|
|
|
Jan 19 2012, 11:15 AM
|
|
Junior Member
656 posts Joined: Jan 2003
|
looks like it's one of those days the charts don't tell you true.......
|
|
|
Jan 19 2012, 12:17 PM
|
|
Senior Member
847 posts Joined: Oct 2011
|
QUOTE(tohca @ Jan 19 2012, 11:15 AM) looks like it's one of those days the charts don't tell you true....... Aiya...Tohca..I placed buy Q at 1.07,just missed by 1 cent.Anyway...hope tomorrow can get cheaper This post has been edited by dinamika: Jan 19 2012, 12:18 PM |
|
|
Jan 19 2012, 01:47 PM
|
|
Junior Member
656 posts Joined: Jan 2003
|
managed to buy just 10 lots at 1.08 and sold at 1.13, just testing market, hehe.. still have my old holdings at about 1.20 trying to sell some off at 1.15 but still pending.
what does the charts say now, upward or downward ho? This post has been edited by tohca: Jan 19 2012, 01:48 PM |
|
|
Jan 19 2012, 02:30 PM
|
|
Senior Member
847 posts Joined: Oct 2011
|
QUOTE(tohca @ Jan 19 2012, 01:47 PM) managed to buy just 10 lots at 1.08 and sold at 1.13, just testing market, hehe.. still have my old holdings at about 1.20 trying to sell some off at 1.15 but still pending. As long the RSI 14 won't break the TL JCY is still bullish.what does the charts say now, upward or downward ho? Reach the TL,rebound and cross 50 will confim bullish scenario. Attached thumbnail(s) 
|
|
|
Jan 19 2012, 02:36 PM
|
|
Junior Member
656 posts Joined: Jan 2003
|
QUOTE(dinamika @ Jan 19 2012, 02:30 PM) As long the RSI 14 won't break the TL JCY is still bullish. thanks bro.Reach the TL,rebound and cross 50 will confim bullish scenario. |
|
|
Jan 26 2012, 09:12 PM
|
|
Senior Member
847 posts Joined: Oct 2011
|
JCY
JCY will go up further,intermediate resistance 1.38 then 1.55. 1.55 shouldn't be the problem in coming days as long RSI manage to hold above the bullish TL. This post has been edited by dinamika: Jan 26 2012, 09:17 PM Attached thumbnail(s) 
|
|
|
Jan 30 2012, 12:31 PM
|
|
Senior Member
847 posts Joined: Oct 2011
|
QUOTE(dinamika @ Jan 26 2012, 09:12 PM) JCY JCY will go up further,intermediate resistance 1.38 then 1.55. 1.55 shouldn't be the problem in coming days as long RSI manage to hold above the bullish TL. |
|
|
Jan 30 2012, 12:34 PM
|
|
All Stars
17,100 posts Joined: Mar 2005
|
QUOTE(dinamika @ Jan 30 2012, 12:31 PM) |
|
|
Feb 3 2012, 08:24 PM
|
|
Senior Member
847 posts Joined: Oct 2011
|
Hope will reach 1.55 soon...
This post has been edited by dinamika: Feb 4 2012, 01:36 PM |
|
|
Feb 4 2012, 01:36 PM
|
|
Senior Member
847 posts Joined: Oct 2011
|
My indicators are showing really strong bull in coming weeks.
Even supprise myself,why those indicators are so bullish... If i'm telling you guys where the price should goes...it will be laughing stock! TP 1.55 min This post has been edited by dinamika: Feb 4 2012, 01:50 PM |
|
|
Feb 4 2012, 01:48 PM
|
|
Junior Member
64 posts Joined: Dec 2011
|
i'm bought 20 lot at price 0.7 !
planning to sell out soon. |
|
|
Feb 4 2012, 03:46 PM
|
|
Senior Member
847 posts Joined: Oct 2011
|
All 3 funerals count already completed.
We will start with 5 wedding counts. Stay tuned... This post has been edited by dinamika: Feb 4 2012, 03:48 PM |
|
|
Feb 4 2012, 08:44 PM
|
|
All Stars
17,100 posts Joined: Mar 2005
|
QUOTE(dinamika @ Feb 4 2012, 03:46 PM) All 3 funerals count already completed. bro,We will start with 5 wedding counts. Stay tuned... pls update us with your trusted 'wedding' dates. lol ... waiting ya. too bad klse is not open until wednesday....guess i will have to hang around the doors to wait for them to open. Q: will it reach its ipo price of 1.80? (am i right about the ipo pirce?) i hope you will also disclose your tp, because i only be laughing under my own office table, and hopefully counting the money at the same time ... hehe thanks in advance. This post has been edited by mikehwy: Feb 5 2012, 02:14 AM |
|
|
Feb 5 2012, 07:42 PM
|
|
Senior Member
847 posts Joined: Oct 2011
|
QUOTE(mikehwy @ Feb 4 2012, 08:44 PM) bro, If i'm not mistaken,the institutional price 1.60 and retail price 1.52 and still far below my undisclosed TP. pls update us with your trusted 'wedding' dates. lol ... waiting ya. too bad klse is not open until wednesday....guess i will have to hang around the doors to wait for them to open. Q: will it reach its ipo price of 1.80? (am i right about the ipo pirce?) i hope you will also disclose your tp, because i only be laughing under my own office table, and hopefully counting the money at the same time ... hehe thanks in advance. |
|
|
Feb 5 2012, 10:13 PM
|
|
Senior Member
3,109 posts Joined: Aug 2007 From: Malaysia > Singapore
|
3rm?
|
|
|
Feb 5 2012, 10:59 PM
|
|
All Stars
17,100 posts Joined: Mar 2005
|
QUOTE(dinamika @ Feb 5 2012, 07:42 PM) If i'm not mistaken,the institutional price 1.60 and retail price 1.52 and still far below my undisclosed TP. ok, lets play 0 0 7 ??? SHhhhsssss ..... |
|
|
Feb 6 2012, 10:27 AM
|
|
Senior Member
847 posts Joined: Oct 2011
|
QUOTE(mikehwy @ Feb 5 2012, 10:59 PM) ok, lets play 0 0 7 ??? SHhhhsssss ..... I think...I have to turn off my PC for few weeks because I'm afraid I will sell it prematurely. |
|
|
Feb 6 2012, 03:22 PM
|
|
All Stars
17,100 posts Joined: Mar 2005
|
QUOTE(dinamika @ Feb 6 2012, 10:27 AM) I think...I have to turn off my PC for few weeks because I'm afraid I will sell it prematurely. o , o , o . i love short term play, but hav to bear with this game. alright, i guess i can wait a little.... .hehe. TQAdded on February 7, 2012, 11:24 amthis thing is getting more expensive each day. wonder how to get in at all???? sign This post has been edited by mikehwy: Feb 7 2012, 11:24 AM |
|
|
Feb 8 2012, 11:56 AM
|
|
Senior Member
847 posts Joined: Oct 2011
|
Waiting my 1st 'wedding' dates
|
|
|
Feb 8 2012, 05:10 PM
|
|
All Stars
17,100 posts Joined: Mar 2005
|
its over 5pm now. this played 'dirty' in late afternoon and i guess many were caught this time. the WA went to as low as 0.60 !!! omg ...
|
|
|
Feb 8 2012, 06:30 PM
|
|
Senior Member
3,109 posts Joined: Aug 2007 From: Malaysia > Singapore
|
jcy 1st time give dividend?
|
| Change to: |  0.2749sec
 0.87
 6 queries
 GZIP Disabled
Time is now: 21st December 2025 - 08:14 PM |
Quote