In or out of $ not important now. Important is what is the exercise price, ratio
And expiry date. For cx rhb must press price down at or below .60 in next few wks
To avoid any payment to cx holders. The other warrants even worst , exercise price .53 and .55.
You can see where the price will be going...

the only big player is RHB buying and selling back to them self to print some money on the warrant before expiry. Warrant exercise price .60 and ratio
1.1 you can guess what will happen to the price soon...

Quarter Result just out. 6m loss. tommorrow drop like a rock.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5096861

FORBES/TECH JAN 14, 2016 @ 07:02 AM

PC Shipments Suffer Largest Decline In History

Worldwide PC shipments have suffered a year-on-year decline of -10.6%, according to International Data Corporation (IDC). That is the largest decline in history for PC shipments. For the first time since 2008, PC shipments were below 300 million units in 2015.

http://www.forbes.com/sites/stevemorgan/2016/01/14/pc-shipments-suffer-largest-decline-in-history-cybersecurity-to-add-100-billion-by-2020/#2715e4857a0b6eff235640a8

Agree with sage. 99.9% of the warrants in the market always expire at a loss to the buyer. Pity this counter had so much potential without the warrants.

US interest rate raises commencing this month is now a certainty. Usd will start appreciating again. Jcy earnings will continue to grow with usd appreciation.

http://www.wsj.com/articles/feds-yellen-expresses-confidence-in-u-s-economy-ahead-of-december-meeting-1449077125

Next checkpoint .96 and after that rm1+ ...no more penny stock

http://www.thestar.com.my/Business/Business-News/2015/11/26/Support-Line/?style=biz

JCY climbed to a three-year high of 91.5 sen on Nov 19 before reversing slightly undergoing correction. The trend going forward is pretty simple.

While the prevailing trend still is bullish, a clear penetration of the recent high of 91.5 sen barrier would signal the resumption of a rally, enroute to challenge the upper strong hurdle of RM1.07 or the greater resistance of RM1.25-RM1.26 band in the immediate term. On the opposite, a breach of the of 80 sen mark may see further downside risks and in this case, the lower 75.5 sen floor will be much weaker.

Fortunately I also in the market long enough to know that unexplained sell down is always followed by a surge in price recovery shortly after. HK I have the same report. Their reporting is usually quite good without much bias.

yes can see the same thing from monitoring que and price movement since yesterday open. Anyone selling now must be crazy. Giving up at least 40% to 50% potential upside profit! Not to mention the big dividend returns.

some of the furniture company that sell in USD like VS and lihien already double or triple in price. But to be more conservative, factoring in the coming USD appreciation due to fed rate increase and the ongoing operating cost reductions, I think TP should be close to IPO price 1.50 in the next 6 months.

Result out. 75m profit for Q with really 3 sen dividend. Revenue increase from 1.8 billion to 1.9billion this year. Rm1 tomorrow?

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4927713

agree. Very strong fund support now so should easily break rm 1 in short term.

Need the money urgently maybe. Cannot use share to pay for new bungalow or Ferrari, must use cash. The recent volumes, uptrend price movement and funds support tells me there is no negative reason why he is selling other then he need the cash urgently.

Faye, you kidding me right. Coming 4th quarter profit of 100m is nearly the same profit as all last 3 quarters earnings combined. Are you serious?

which rule state that forumner must comment on every counter in bursa? I assume Faye only comment here because she has inside contact as she advised and proven. keep the forum constructive and focus discussion on JCY and not who, how and when someone should comment here.

Last quarter profit (Q2) = 51m profit

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4742917

Today quarter 3 profit announced = 32m profit.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4833513

A 40% DROP in profit from last quarter.

Faye, exactly as you advised. 32m profit for Q3... 40% drop in profit from last quarter. Heavy sell down tomorrow. Those who bought into the hype today will be crying tomorrow.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4833513

Telu you will be taking many to holland with you.

No point for foreign funds to invest here anymore. Ringgit getting weaker and us about to increase interest rate. Any dividend or capital gain made here will be hit hard by the forex conversion. Eg dividend rm 1.25 sen = US .30 sen, next to nothing after conversion

Lol even IB run already.

Cutting off deadweights- JCY
http://klse.i3investor.com/blogs/kenangaresearch/81084.jsp

the revenue looks like it's marginally increasing because it has been masked by the forex gains. The company sells in usd and then for reporting purposes converts this back to RM. in the last 3 quarters the rm has continued to weaken against usd, this makes it look like revenue is marginally increasing but in fact the currency gain is keeping the revenue figure afloat.

yes it is highly exposed because the forex gain is hiding the actual poor sales performance .it is a HDD component manufacturer bound by the laws of supply and demand for HDD components and like any product, the price for which it can sell these products (Average selling prices). The forex gain is one small component only but the company needs to sell its products to realise this gain. With actual worldwide HDD sales dropping, the earnings cannot be maintaned forever because the RM can not weaken forever to keep masking the poor actual sales results.

wow i did not expect director Peter Lim to dispose all his holdings.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4820605

MD Tan will also dispose all his 7m shares before result is announced. He already announced intention to trade the shares
during the closed period (1 month before and 1 month after announced) on 20/07.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4806029

The coming results must be very bad this is why they are disposing all before the coming result announcement in few weeks.

Panic selling tommorrow.

PC sales dropping, HDD demand dropping confirmed by seagate, industry consolidating and getting smaller confirm by the company, company sales dropping, SSD prices free falling and about to catch up with HDD, new breakthrough technology with 1000 times more capacity then SSD have been developed which will kill HDD even faster. only reason the company can show some profit is because of forex. sound like a promising industry/company to invest in?

Play by fund manager or fund manager play you? Churn and burn....haha

Lower expectation first to make bad/average result look better when result released. also directors announced to bursa they intend to trade the share during closed period. If Ian. Not wrong closed period is one month before and one month after result announced. Clear setup to sell.

Bye Bye HDD and SSD.....


Intel, Micron debut 3D XPoint storage technology that's 1,000 times faster than current SSDs

29 July 2015, 4:48 am AEST

Intel and Micron today unveiled their all-new memory technology called 3D XPoint (pronounced "cross-point"). This is a new class of memory that can be used both as system memory as well as nonvolatile storage. In other words, 3D XPoint can be used to replace both a computer's RAM and its solid-state drive (SSD).

The companies claim that 3D XPoint is a major breakthrough in memory process technology, the first new memory category since the introduction of NAND flash in 1989. It's said to be extremely fast and durable, up to a thousand times faster (both in read and write speeds), and it will have higher endurance than existing NAND Flash memory currently being used in SSDs. What's more, it also has as much as 10 times greater density, leading to much more storage capacity in the same physical space, while remaining as energy efficient and affordable as existing NAND flash memory.

http://www.cnet.com/au/news/intel-and-micron-debut-3d-xpoint-storage-technology-thats-1000-times-faster-than-existing-drives/

When bank issue buy report, it is time to sell. When bank issue sell report, it is time to buy.

See how long rhb-osk can hold the price at this level. Doing the same thing to eg, dnonce, comintel, bintai etc.

WD and Seagate share price still free falling as HDD demand going down. be careful. This is funds churning volume for distribution.

Seagate and WD share price drop over 40% already in the last 6 months. WD from $118 to now $75. Seagate from $69 to now $45. ssd will replace hdd sooner then you think.

2015-06-28 21:52
Samsung decides to exit HDD business
음성듣기

“The profitability of HDD, however, decreased rapidly as solid-state drives (SSD) have dominated HDD in laptops and desktops,” a Samsung Electromechanics spokesman said Sunday.

http://m.koreatimes.co.kr/phone/news/view.jsp?req_newsidx=181755

MARKET PULSE
Seagate warns Q4 results to fall short due to weaker-than-expected demand
By Ciara Linnane
Published: July 13, 2015 8:11 a.m. ET

http://www.marketwatch.com/story/seagate-warns-q4-results-to-fall-short-due-to-weaker-than-expected-demand-2015-07-13?siteid=yhoof2

Game console sale in China lower then expected.

http://m.scmp.com/tech/apps-gaming/article/1831731/ps4-xbox-one-sales-china-low-gamers-snub-consoles-despite-end-14

SSD Prices In A Free Fall

http://www.networkcomputing.com/storage/ssd-prices-in-a-free-fall/a/d-id/1320958

Faye thx for the valuable information. I can see from the volume, price movement range and closing price today that funds starting to sell back to market.

Bsn believe what you see and not what you hear. The company have been saying the same thing since listing 4 yrs ago cost cutting, automation, enterprise, cloud yet sales and profit cannot grow much and often into losses. Even quarters with losses company can still try to sell positive story. Who do I want to believe? An insider with proven track record in sharing accurate information and not marketing rubbish prepare by company PR department.

Faye, exactly like you said. So the next quarter will still be profit or starting to loss?

Result out http://www.bursamalaysia.com/market/listed-companies/company-announcements/4742917

1m more then last quarter at 51m. Tommorrow Fly to rm 2? Not. Haha. agree with Faye will be heavy profit taking tomorrow as earnings will reverse into losses next few quarters.

What happen to all the promoter? Sell and run already?

hongwei blog sound like repeating same old story coming from JCY since the last few years.
story too good = time to sell?

Experts seem to agree with Ray.

Flash predictions: Adoption, pricing

David Floyer, CTO and co-founder, Wikibon: For active data, the disk drive in 2015 is fundamentally dead. The vast majority of active data is going to be on flash over the next five years. Flash has reached a critical point where it's cheaper for active data. The price is going to go down because there's lots of volume driven by consumer demand for mobile devices, thumb drives, and cameras. 3D NAND is in place. It's going to happen. The investment is being made in it. And each generation is going to be denser, cheaper and faster.

Jeff Janukowicz, research director, International Data Corp. (IDC): There is no doubt that flash is transforming the storage landscape. In 2015, we expect flash shipping into the enterprise to continue to outpace HDD growth, with enterprise SSD capacity shipped expected to increase by more than 75% year over year. Much of the growth will be attributed to pent-up demand for higher performance, lower latency solutions and lower prices, which will enable customers to leverage more flash in hybrid storage arrays, all-flash arrays, and directly attached to servers.

http://searchsolidstatestorage.techtarget.com/feature/Experts-make-enterprise-flash-technology-predictions

if that is true owner will privatise by now already and make 110% profit.

cheerie if you look back over the lat 5 years since listing, JCY have been saying the same things and nothing never eventuate. 2 years ago during thai flood also talk about MA and capex 300m but no results.

Ray started talking to top holders?

Totally agree with jctp. it will be a real April fool for many who bought in with the volume hype on Wednesday and got trap again. Research house collect low already then issue report with juicy tp to offload to small fry. Industry secret by institution- collect low then issue positive report then churn high volume to push price up abit and create interest then off load to market.

Interesting to see when Ray will talk to top 20 holders about ssd and how price will be affected. Is suicude for anyone to buy now as price can drop sharply anytime. He mention before he will wait for more to collect first before talking to top 20 holder. My advice for anyone want to buy is to wait for a major dip with big volume before buying otherwise will get burn by him.

I think he will bankrupt many investors. No joke the top 20 holder excluding owner is holding more then 150m shares. Very interesting.

share price can drop 5% in 2 days based on Ray information. If he convince just half of the 20 top holders to sell with his information where will the price be. Interesting to see.

let the market decide in the next few weeks/months by JCY share price movement on who is right and wrong. I tend to agree with ray as everything he say is backed by fact/evidence which not many other forumner have provided in their comments.

Agree with Ray.