anyone actually believes the Malaysian Insider ? What I know are the writers are anonymous and as such can write a lot of unverified stories.... Again this counter is full of sharks. If they tell you good story, then it means you better sell. If someone starts saying bad things about JCY, then it is time to buy.... My experience...

I don't have negative comments for JCY. Dividends are good. As long as you lock in your dividend rate and just keep getting dividend, I think it is good. If you want to buy-sell. Then you need negative comments to buy low and suddenly gostan and sell high. My advice is stay away from comments coming from sharks and be careful not to
get trapped.

It is ok Lohman. But good comment. I pity both Amason and Johnnys because it is obvious they are the ones that got caught and are trying to let go at others' expense. Which is why they attacked me who is trying to warn everyone from Sharks like Amason and Johnnys

And yes. I did laugh all the way to the bank

I have already made 4 rounds of profits... where I have cleared all my JCY shares and reap good fortune. I did mention I bought a nice car maybe I should not say thanks to JCY but thanks to all that got themselves stuck for buying at 1.55 from me when I sold out everything.... I bought back at 0.49 and sold at 0.73.... I think I did well... Only I feel pity to those who caught by Johnnys comments and bought from me...:)

Johnnys ... Did I say I got stuck for many years ? Your antagonizing comments are not welcomed

Haha. At least I didn't get stuck.

JCY is about who buy and sell first. The first will win. The followers all get trapped

Many people got trapped in the 0.73-1.40 range excluding those who stil holding on to their IPO shares... Don't hope it will fly. If it does, just a short while and will drop like waterfall again

So how many people got caught today ? The owner already bought at 0.69 and can take profit anytime and laugh all the way to the bank....

I need to whack the playmaker openly so that he wil play at a higher level... Not at 0.50 cents. Enjoy the run but be careful of profit taking

Everytime JCY makes money, the owner will announce capex plans. Why ? This is a sunset business. How much new business has the capex brought ? None!! The announcements are just a way to take money away from investors who dream of big dividend or price up due to improved earnings. Please check history and see the reality. This stock in just not worth it anymore.

Whoever said JCY is a good company must be dreaming again. It is 100% manipulated and speculated shares. Speculators are the once that get trapped for dreaming...

Hahahahhahah. Good luck.

Guess who is laughing all the way to the bank.... Again...

Come on guys! This is a trap.

If YKK holds less than 75% share, it means he will buy. If he will buy, he will
Make sure he buys cheap. So price will drop. When YKL share is >75%, he then needs to sell down and he will sell down high. That is how I play JCY. Now is not the time to buy because he will make the price down now to buy to his 75%

Wow! A trap!

And after a few years, relist it and start the whole cycle once again... All at the expense of smaller share holders.

Lohman.... YYK listed and sold 25% of his JCY shares at RM1.60+. Now price at 0.70... And if drop, I would not worry. If drop further, which is YYK interest, is good for taking JCY private again and laugh all the way to the bank

He must have realized he said something wrong. Better to remove than keep it there and get flamed like BBQ

Only Raymond can remove his own comment I think

And yes. I have sold out every JCY shares I had and happy I did that

However, I will caution investment in JCY because the owner is playing games with the stock price. He is selling high and buying low and making many investors trapped. The owner does not care about other shareholders because he himself is the biggest shareholder and wants to make more money at the expense of the other smaller shareholders. I will stay away from this counter for now. I may be back when the time is right

I bought a Merc thanks to my investment in JCY. So thank you JCY.
Fact: SSD will not be replacing HDD in the next 10 Years.
Reason: there is not enough capacity in Semicon to make the amount of storage required by demand even if SSD prices = HDD prices

Agreed.

HDD cost today is $0.08/GB. SSD is at $0.80/GB using TLC technology. What would be the cost/GB in 3D NAND ?

Thanks RaymondTang for the link. The link said HAMR is launch in 2016 by Seagate. This means we will expect 10TB HDDs next year with scaling to 100TB in 2025. Already link is implying HDD is here to stay for the next 10 years. I rest my case about HDD vs SSD.

BTW, when 3D Nand commercializes, the HAMR technology for HDD will also commercialize. HAMR is a technology that can enable between 10TB to 100TB per HDD. When this comes out, the cost of HDD per GB will be like USD0.01/GB from current USD0.08/GB... The competition continues....

I agree any weakness in price is opportunity to buy. But never keep. Dividend is tempting but have seen how JCY prices can waterfall. It's a risky counter. So be on guard if you are holding JCY shares

My take... HDD is not going away... SSD will also be around where performance is required. Seagate and WD shares will continue to stabilize and grow. But JCY, good luck to all who still hope it will fly

12 years ago MLC or TLC not commercialized yet laa... TLC is the technology driving larger capacity and lower cost for SSD today. TLC only commercialized 4 years ago. My SD cards have failed after 2 years. My dad's SD card can record but he pictures disappear. And this is like after 1.5 years. And he is a heavy user as he travels a lot and takes lots of pictures and transfers a lot between his computer and digital camera.

I have spoken to Intel engineers in their SSD division. 3bits per cell or TLC SSD is the cheapest SSD solution today BUT it has a life of only 1,000 rewrites. Meaning life is going to be short. 1bit per cell or SLC is the most expensive, most reliable SSD with lowest capacity BUT 100,000 rewrites. SSD companies are now mixing TLC to increase capacity to make SSD more affordable but the risk is it has limited life. Cloud servers changes data regularly and if TLC is employed, risk of data loss will be high. Sandisk's main profit drivers are still coming from SD cards using TLC. You will realise your SD cards used in your digital camera typically fails after 2 years. This is due to TLC limitation. Will need to check how much ada disk actually sells their SSD as SSD and not actually SD card sales

My money is with Seagate and WD but not JCY

By the way, if anyone has the annual report of a SSD company that shows they are earning a lot of money, pls share. I have not seen one. As I have not seen one, I can only assume all SSD companies today don't really earn a decent profit... How much Seagate and WD earns in their annual reports... Each of them earn a net profit of close to USD800mil to USD1Bil per year. So go figure if HDD is profitable or not compared to SSD.

So HDD although is sunset, still has a long run way. The investors in US already understand this which is why Seagate and WD shares has gone up YOY after the Thai flood. Why JCY share price did not follow Seagate or WD trend ? JCY will never be able to follow WD and Seagate price trends as long as the JCY owner still hold 75% of JCY shares

SSD manufacturing capacity today is limited and cannot meet the current storage demand. Big data centres today are still buying HDDs. In fact this is the major growth area. Laptops are moving to SSD but desktops and servers are still majority HDD. Some data centres are buying SSD for data centers but this is really small. Why ? because HDD still has value in terms of low cost / GB and reasonable performance. Some data centres are trying to differentiate themselves by using SSD for faster performance. But the capex is tremendously high and ROI is low and also their available capacity is also low. HDD will still be around for another 10 years or more. Remember that tape was suppose to disappear when HDD came around but tape is still growing at 2% YOY due to their lowest cost of storage for cold storage. So if tape cannot be replaced by HDD, do you think HDD can be replaced by SSD ?

If there is a way to poll how many people got stuck between 0.75 to 1.35, you will all be very surprised.....

Owner of JCY already know HDD is sunset business.... Which is why he listed at very high price and selling high. When he hold too much share. He is slowly disposing to meet Bursa requirement and make as much as possible. When price drop, he collect back and sell at higher price. When JCY makes money, he takes away the profit as investment to increase capacity. In the name of increasing capacity in a sunset business is just taking money out. Not giving back to shareholders. That is why even after Thai flood when JCY had the most share and profit, their price never could hit above IPO price. All the profit is not returned to shareholders. This is not a counter you can trust

In JCY website, there were some press release clarifying about the spread. A few times they were above the 75%.

Lots of positive sentiments but remember who has the biggest share and what was IPO price... When JCY made so much money during the flood, the price could not even exceed IPO price. Key point here. The biggest shark is the owner that owns 76% share of JCY. He is keen to keen to sell high and buy low. Careful guys....

JCY should issue 100% dividend payout like DiGi. Then the spread will be resolved

Fund managers in US knows also which is why both WD and Seagate shares never stopped climbing

Interesting how in Notion chat, people are still harping about SSD while in this JCY chat, no one has mentioned SSD. I guess people in this chat is more knowledgeable and understands that HDD is still the lowest cost of data storage and is here to stay

Nope. Between Notion and JCY, I prefer to stick my money where I can get some dividend

I agree with Johnnys. Get through 0.70 first. Once through, all who got caught already cashed out, then even cock can fly

We saw twice resistance turn into support. There is something there. I think the weak ringgit has contributed positively well for JCY

Now to see if the resistance will turn into support like last week

A fat and heavy bird may be difficult to fly....

Last Friday JCY correction was normal and expected since it has been going up for 7 days. Now after correction, there will be a 2nd wave prior to positive announcement of quarterly report