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2021-01-14 19:38 | Report Abuse
The Board of Directors of JCY wishes to announce that the Company has on 26 November 2020 announced in its Quarterly Report on Consolidated Results for the financial period ended 30 September 2020 under Future Prospect that “With the expected gradual reduction in global TAM to below 70 million per quarter in the near future, major HDD producers may possibly embark upon a rationalisation of their supply chain, which in turn will affect HDD component suppliers”.
One of JCY’s major customers informed that they intend to firstly reduce and eventually stop purchases of one of the Company’s component products. This is expected to have negative impacts on JCY’s revenue, cost of production and possibly result in impairment provisions for the Company’s financial year ending 30 September 2021.
At the same time, the Company has commenced a major re-alignment of its customer base. JCY has committed a significant amount of capital and resources for this new customer and are ramping up production for certain components, including a new range of products. The Management is fully dedicated to achieving these targets, which will have a countervailing positive impact on JCY’s financial results for the current financial year and beyond.
As of the date of this announcement, because of disclosure constraints, the Company is unable to provide definitive projections. Further development on the above matter shall be announced in due course.
This announcement is dated 14 January 2021.
2021-01-07 18:35 | Report Abuse
KTC like massage, forget to move on
2020-12-04 19:36 | Report Abuse
Up lah more like other
2020-11-30 18:50 | Report Abuse
Construction and O&G coming back 2021
2020-11-27 14:04 | Report Abuse
Remember to take your real profit in account
Paper gain or paper loss is figure only not real in your own hand
2020-11-26 16:59 | Report Abuse
How come mother and warrant same price????????
2020-11-26 16:21 | Report Abuse
Coooooooooooooooooooool
2020-11-26 09:59 | Report Abuse
Baby shark is back
Mother shark is away
2020-11-26 09:51 | Report Abuse
Still someone not happy after today pricing???
2020-11-25 09:40 | Report Abuse
Tiada wayang yang menarik hari ini
2020-11-25 08:29 | Report Abuse
Interesting in VIVICOM for today trading range
2020-11-23 17:06 | Report Abuse
Broken BLOG, closed 1.22
2020-11-20 17:02 | Report Abuse
Crazy Stock in year 2020 beside Gloves
2020-11-17 20:02 | Report Abuse
Company buy back share from market to prepare next year bonus share for holder. This year 100 share get 1 free share. Next year not sure
2020-11-10 08:21 | Report Abuse
Amazing stock
Mr DIY all the way UP
But Samaiden atleast remember to pick up some customer between 0.555-0.655
Nobody know what happen next trading day
2020-11-10 07:56 | Report Abuse
Wanna to see what the trend today after vaccine news
2020-11-05 10:45 | Report Abuse
Thanks for given me profits...
2020-11-04 16:57 | Report Abuse
Who manipulate trade over 700 trade buy in 8.1????? Impossible
2020-11-02 17:24 | Report Abuse
Hope some good news for green energy company like Samaiden and Solarvest
2020-10-22 13:49 | Report Abuse
Director quick sell, retailer worry about the company
2020-10-22 11:40 | Report Abuse
Result out and price still did not drop?
2020-10-22 11:39 | Report Abuse
Next week result out
BIG or SMALL
2020-10-13 09:45 | Report Abuse
Don't know yet
But why no media cover the LIVE news?
Strange.....No value of AI news?
2020-10-13 08:36 | Report Abuse
PAS works with PKR before but left due to DAP
Let wait and see the lists with news 1030hrs
2020-10-13 08:21 | Report Abuse
No ones want to seat together with DAP
2020-10-13 08:20 | Report Abuse
Tun M + Bersatu + Warisan + DAP left 100 seat enough to be opposition
2020-10-13 08:18 | Report Abuse
PKR take out DAP, take in PAS, UMNO, GPS then more than enough seat
2020-10-08 16:16 | Report Abuse
Be careful
Even meeting also difficult, to be PM can be rejected
2020-10-08 08:55 | Report Abuse
Who care, people like to buy these stock and making $$
2020-10-07 15:36 | Report Abuse
Plan to buy lower than 0.38 but very hard to get
2020-10-03 11:00 | Report Abuse
Got some coffee break cash here is fine
2020-10-03 10:32 | Report Abuse
Tok Tok Tok
Sinking from 0.16 to 0.105
Too much dropping, need vitamin C
Stock: [JCY]: JCY INTERNATIONAL BERHAD
2021-01-14 19:39 | Report Abuse
Did not mention how many % revenue loss for old customer for 2021
Did not mention how many new customer can get or already get
Trade carefully