Well. The fair value of a counter depends on the demand n supply of investors, if no one gives the support to a particular stock, do u think it will go up? Would there be any volume if no one supports? It all depends on everyone's trusthworth.

Let's give a full backing to JCY!!!! UP UP UP...........

If u look at the historical price for last week, it started to show the signs of rebounding.. PE for FY12 and FY13 is only 5-6x ( u can refer to any research houses' report).... Can u imagine how cheap it is for the current level given their size being the largest HDD producer in the world n bullish outlook?
Even if u wanna buy at current level for dividend yield (holding for 1 year), the yield is already 7-8% based on 50% dividend payout which was mentioned in prospectus.

   

Let's make a bit conservative... TP: RM1.50

Based on current price, upside still got 20%. I believe is attractive for any retail investors like us

For the next 6 mths, at least is guarantee tht the supplies will not recover. Hence, u will still see HDD prices hold at a strong level. earnings will eventually be good for JCY due to recovery of supplies later...

To make a better analysis, perhaps can check around the HDD mkt in Low Yat and also whether the HDD prices has come down.. Tht is the most straight forward survey....

The price of HDD has peak during last year end, and slowly come down.

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Added on March 25, 2012, 3:18 pm

This is anticipated by the market already.
If not, the price won't shoot up from 0.60 to 1.xx.

Stock market is a forward mechanism, they are not looking back one.
Unless current anticipation is lower than what the result delivered only then one may see surprise on share price to the upside.

That's why some company reported dismay earning, but share price doesn't move after the announcement, because share price already moved way before the the announcement.
While some you see even report 100x increase in earning, share price hardly move, because it already moved long long time ago.

100x increase in earning?
Not so difficult, find those losing money company previously that turn into profit, it just means indefinite in maths calculation from - to +. 
Even JCY itself report a surge of >2000% increase in profit on 8 Feb 2012.
Did the share price increase on that day? (In fact price drop on that day)
It is price in way before the profit announcement.

I am not fortune teller, how should I know how high and low the share price will be? 
I just pointed that the turn around in profit figure due to surge in HDD price and hardly being affected by flood, more and less being "price in" in the market.

HDD price remain high until 2014?
Only time will tell.
It may not fall back to previous low price prior before flooding, but HDD remains the same price as today until 2014? I highly doubt so.

Personally view, HDD business just temporary has a lifting due to shortage due to flood, it is not a long term trend.
With PC sales is lackluster, I don't see very rosy picture for HDD. Unless those flood hit factories are totally shut down, and not wish to resume operation. Then it is another story.

The hot item out there is Ipad and tablet, and those are not using HDD.
And tablet market has more and less eaten the laptop and PC business.
People are more keen on Ipad and tablet instead of laptop.

Not to forget, HDD in PC market also facing challenge from SSD, although at current stage, not a big threat (yet).

My god. The news of not being affected came out 3 mths ago. It was publicly known. Tht's y share price rebounded from the low of RM0.49 to RM1.50 high... Tht's y earnings shot by 1900%. If the production line was affected, it should be -1900%.. LOL...

LOL...Iam going to go insane if I stay in this forum.
fyi: the price is currently 1.17.

JCY still maintain around 1.31... nice, hope tomorrow can goes up further...

friday tomorrow, need to whip it to move and cross 1.33...

JCY need to expand fast

yeah, high at 1.2x
those who bought it at 1.0x still ok.
now at 1.1x, unsure will drop back to 1.0x.
next monday if drop back to 1.0x will buy more.

Hey everybody wake up. JCY has taken off. Rally coming tomorrow.

the closing prices were a little disappointing. ya, hope that monday will be a better hunting day for bros here.

Mates.... Let's make a gain on JCY.. my peers who started buying since the day i recommended here, mid-Mar, should have been          Huat Huat Huat!!!!