looking at the performance of warrants which is now up 6 sen, mother share rightfully should up 12 sen....that means osk guys are still suppressing mother share price to collect more. If you buy warrant at 21 sen, you will need RM1.72 to breakeven...It will be interesting to see when JCY board will execute their buy back mandate and whack those guys...

its time we act together to push through this evil guys! Those shares park at 1.20 are to scare people...push through this level and they are all going to run!

Just watch...they will try to park a lot at 1.20 level to continue collecting....

Lets now sit and watch the development! Plus company share buy back....2 forces trying to rush for shares from today onwards :)

The implication of having exercise price to be priced at a premium to reference price......is to allow OSK to collect more shares at below RM1.30 so they can make money from this whole exercise. In order to sell their warrants like hot cake to their clients, they will have to make sure JCY share price perform during this period!

Truth is out....OSK just announced on bursa that it has issued 60m warrant @ RM0.15 per warrant (2 warrant convert into 1 mother share at RM1.30). They have collected enough shares at low price, now they are ready to flex their muscle when the warrant starts trading tomorrow!

No volume....waiting for sharks to take the counter!

Everyone of us must work together to fight back!

Mr Lamken, once we receive your email update on company, we will work with you together to whack the evil forces. Tomorrow shall be an eventful day! Whack Whack all the WAY!

JCY cant do share buy back in the past because they do not have retained profit in their accounts. After recorded RM 160m in the 1st quarter ended 31 Dec 2011, they have now RM 37.6 million retained profit in their book. This will mean that if they were to exercise all their mandate, they will be able to buy back RM 37.6 million worth of JCY shares once after the EGM is over by tomorrow noon time (start at 1030am on 22 March 2012). Lets continue to monitor how the company will perform going forward!

will be interesting to continue watching the whole episode after company's EGM to pass the resolution for share buy back...

Lets spread the word....everyone gets 10 person to come into the game and we will conquer the hidden hand behind the scene. If you take every counter as a product, its the same. Salesman with strong conviction on the company will be able to sell the product well. Look at how Apple has done it successfully. Build an increasing believer around and more people will buy into their shares! Now they are the biggest company in terms of market cap in the WORLD. Its the same with JCY, with turnaround situation in its favour, initiating to pay dividend going forward, its going to be another great wave going forward! Lets CHEONG together!

Mr Lamken.....lets work together to help everyone in a constructive manner....count me in chungkay@hotmail.sg