Yes ! Strong resistance broken, JCY should be able to move towards next target at
RM 1.76 .

Can JCY break strong resistance at RM1.60 today ? If it can break it today then it should go north and towards next target at RM 1.76. Go go go JCY !!!!

Jcy might retrace today, buyers stop buying and sellers start to steps in. Be careful guys !!!!

whether the price will surge or not actually is very much depend on the company' s performance in the third quarter (Since everybody already knew that 2 nd quarter sure will be good ). If JCY's earning is good in Q3, then everybody wil start chasing or else everybody will start dumping just that simple. If the Q3 result not up to expectations then the share price no need to be pressed down by investment banker it will naturally go south.

So now the question is how to reduce the free float of JCY' s share in the market in order to fight back the cowboy.
The options might be as follow :
1. Buying shares from the open market and keep it and never sell.

2. Use company to buy back own shares from the open market and keep it as treasury shares. (The limitation is can only up to 10 % only or equal 50 millions shares)

3. Declare higher dividend on coming quarter so that the major share holders get more money to buy more shares by using other party' s name and also force the longer term investors to hold their position longer.

4. Do a share consolidation eg 4 to 1 to further reduce the free float number of shares in the open market and also to chase away retailers (Because they can easily manipulated oop.. I am sorry to say that ) buy increase the shares price.

Above is just my opinion only. correct me if I wrong.

Donated 1.8 % of JCY net profit to Thai Red Cross (donation confirmation ref no 20120427092415-25550) for the project Donate to help flood victims in Thailand as suggested by Lamken. cheer and Happy trading :D !

No problem man I definitely will , just wailting for all mine bullet to come back first then only action. Cheer and happy trading !!!! : D

recently too focus on JCY almost forget this counter, Have to study back all the detail first before take action.

A HUGE HUGE THANK YOU to Lamken because of you I successfully turn a RM 66 K paper loss to a RM 110 K net gain by unload all JCY shares today @ RM 1.58 - RM 1.61. May consider buy back if JCY retrace to a attractive level before the quarterly results. A millions thank again to LAMKEN.

All the technical indicator showing overbought
stoc almost above 90 RSI also 75 + and share price already outside the Bol band . Retracement should come in soon that why so many ppl take profit at this moment.

Today is profit taking day, JCY drop 2 cents hopefully it can maintain at current level.

Beautiful closing, tomorrow will challenge another resistance RM 1.60. Cheer everybody ! :D

May be this is one of the two short term positive news mention by Lamken before

heard rumours said there is a good announcement to be announced on May and the share price will push up further before quarterly results dun know true or not ?

Today JCY break year high RM 1.50 and go towards another resistance RM 1.60 which is also IPO price.

Different bank got different charges, Maybank will charge RM 25 per contract that you buy from them.

Per contract means regardless of the no of lots you buy, the processing is chargeable according to no of contracts you buy and no how many lots.
Eg if you buy 10 lots per contract and you buy 20 lots per contracts the processing fee is still the same. But some bank charge the processing fee base on 0.03 % of the total amount of your warrants.

Fat cat tin Buddy, Tomorrow's Maybank call warrant (JCy-CJ) Detail as below :
ratio 2 : 1
Exercise Price - RM 1.30 (Expiry date - 31/1/2013)
It is a cash settlement warrant and not share on maturity date.
Processing fees depends on tomorrow ' s bursa announcement but is estimate around RM 25.00 per contract.
Hope will help . happy trading :D

dun worry resistance at RM1.41 will turn to support now. It will stay at that level at least and later only attack RM 1.50.

Yes, strong resistance RM 1.41 broken and moving towards RM 1.45. Cheer !!

Mr bone, what's your opinion ? Monday still can go in ?

What if suddenly JCY got privatised before the mature date of warrants, then what happen to JCY' warrants ???? anybody can explain ???

Today the 320 lots buyer upgraded to 340 lots already, today's attack should be able to bring JCY above the strong resistance @ RM 1.41 and towards RM 1.50. Cheer !

Buyer start to attack, 5000 lots @ RM 1.37 , 4634 lots @ RM 1.37 and 5000 lots @ RM 1.38.

Is today T + 4? any force selling for JCY ?

Maybank analyst (Lee Cheng Hooi) issue a buy call on JCY today TP RM 1.53 and RM 1.81. stop loss is at RM 1.19. BUT ........ The question is Lee Cheng Hooi also issued a SELL CALL on 13 March 2012 said that the downside target are RM 0.71 and RM 0.98 when at that date JCY was trading at RM 1.09 . almost the bottom before rally to present high Regular RM 1.41 (Today) and today BUY CALL is issued Please judge Yourself. Cheer and Happy trading :D.

Hi Stocker, What type of big movements ? Mind to explain.

will it drop back to RM 1.19?

If today price close around RM 1.35, then it will form a shooting star.

Today 320 lots buyer much more aggressive than 300 lots seller. good sign but waiting seller RM 1.38 ~ 17967. RM 1.39 ~ 15611. RM 1.40 ~ 27275 . JCY need a 10000 ton bombs.

Buyer keep buying 320 lots and Seller sold 300 lots, may be they are some person. If they are same person means they just brought net 20 lots only. price how to go up.(Only my opinion )

JCY stop moving, losing momentum. RM 1.60 still very long time may be around June

More to come, share price will advance further to around RM 1.50 - 1.70 level. Market rumors said it will takeover a company to further increase it's market share as hdd component maker and also will get a very huge contract from WD.

No hope for today already, hope to see more Shows next week.

show over for today ??? sellers too aggressive hard to go north.

Yesterday 300 , 300, 300 support buy. Today 320, 320, 320 support buy. JCY should have more to come .

Can JCY hit RM 1.35 today ?

Noted, buy at our own risk. dun blame anybody if price drop. :D !!!!

JCY is coming...........................UP UP to the sky. Yeah !

Who is your sifu?

TAk cukup tenaga, so tmr force selling will start and price drop again. Sigh!

Hello lamken, what is your expected forecast profit for JCY Q2 Fy12 . Please advise.

bonescythe, Last technical BUY CALL very sharp and accurate, Cun Cun at the target price. (RESPECT). When is the next Buy call ?

are u sure shark is collecting or shark just stay a side and let the market float by itself.

Rumours say JCY already signed a 2 years contract with Seagate. A BIG BIG contract. Hope it is real.

JCY second quarter result will be announced on 18 May, should be good. Expected EPS should be around RM 0.08.

Yes! Yes! Yes! This the way man, hope tmr can up to RM1.43 (next resistance)

Why everybody say JCY is good but the price still never go up ? Why Why Why ?????

What is the effect of too many call warrant toward mother shares ???

Flag formation likely, if break support RM 1.13 cut lost. If break RM 1.23 only will continue up tread. Just my opinion.