Omione, theres nothing to worry about in terms of the new 60million OSK warrants (JCY-CE). The only time to worry will be a few weeks just before expiry date in March 2013. Also this is a 2 for 1 deal which means OSK have hedged (collected at cheap price over the last few weeks since they pressed price down from feb 8) at least 30 million  JCY shares to pay for the warrants when it expires in march 2013. This means their ability to press price down again in March 2013 will be less then in Feb 2012 because the last warrant they issued was 1 for 1 at 80 million warrants so they had to hold min 80m JCY shares.

However, having said that, I dont think they are done playing with the price yet for at least another week or 2. So the answer to your question is no there should be no impact (once they are done playing with price over the next week or so) until march 2013.

Fact 1:
PC sales is lackluster, Ipad, tablet and smartphone are hot items that selling well out there.

Wrong Wrong Wrong. here are some real facts to prove that.

http://www.practicalecommerce.com/articles...-to-Exceed-PCs-

'For 2011, 364 million personal computers will be sold, says Gartner. Importantly,
468 million smartphones and 63.6 million tablets will be sold. By 2015,
Gartner estimates tablet unit sales will be 326 million, and smartphone unit sales
will be one billion. Tablet sales by 2015 are likely to roughly parallel PC sales.'
-in 2011,  364 million PCs sold as opposed to 63 million tablets.

Fact 2:
HDD price is slowly going down.

- so wheres the supporting evidence to prove this fact? how much has it fallen and at what rate will it contiune to fall? theres no doubt that HDD prices will normalise in the long run but they have not gone back to their normal levels since flood.

Fact 4
Share price start it upward trend around RM0.40~0.50 around Oct period, whereby Thailand flooding issue started to arise. While stock market is forward mechanism, it predicted JCY will benefit from the shutdown of HDD manufacturers in Thailand, and price may soar due to short supply, the share price did not wait until JCY reported 2000% increase in profit, only share price start to move.

- JCY did not benefit from the shutdown of HDD manufacturers in thailand. If HDD manufactuers shut down, JCywill be in deep shet. JCY benefited from the impact to its competitors who also make HDD COMPONENTS not HDD's. If the market is a "forward mechinism" ( god I love your use  of that word) then why did JCY's share price not instantly go up to 1.50 in october right after the floods? JCY's share price gradually/progessively climbed (with consisitent news of no impact, profit guidance etc) right up until Feb 8 when the  Q1 results were announced.