Posted by calvintaneng > 2024-05-27 11:11 | Report Abuse

There is a Big Difference between Pump & Dump and stocks with REAL CATALYSTS

DURING 2019 OGSE STOCKS WENT UP DUE TO PETRONAS GIVING OUT RM30 BILLIONS FOR CAPEX
THE REAL CASH INJECTION POWERED UP OGSE STOCKS TO 300% - RM500% PRICE RISE

SO INJECTION OF RM56 BILLIONS BY AMAZON, NVIDIA AND GOOGLE INTO DATA CENTER WILL POWER UP JCY, NOTION AND DUFU


calvintaneng

56,131 posts

Posted by calvintaneng > 2024-05-27 11:13 | Report Abuse

For Glove superbull in 2020

the CATALYST WAS 8 BILLLION PEOPLE NEEDING PPE PROTECTION

SO AI CREATED HUGE DEMAND FOR STORAGE SPACE IN DC AND LOTS OF HDD NEEDED

THAT IS WHY A BULL RUN MUST BE BASED ON REAL CATALYST

A SUDDEN SURGE IN DEMAND


pang72

50,355 posts

Posted by pang72 > 2024-05-27 11:16 | Report Abuse

Jcy net cash position can not be ignored..
Once the business turn around, this giant is waking up with great profit and cash


pang72

50,355 posts

Posted by pang72 > 2024-05-27 11:17 | Report Abuse

The key thing is cheap 48c...


HoLeeMan

151 posts

Posted by HoLeeMan > 2024-05-27 11:45 | Report Abuse

My friend holds nearly 70% of shares in JCY. That is over 1.47 billion shares. They are dedicated producers in the HDD sector for decades. His factories in Johor, Thailand and China are producing that, with some SSD. Focusing made JCY a market leader. The last 8 quarters were bad. But he and his daughter remained focused. The surge in global Data Centers had enabled HDD producers to higher selling prices and larger orders. They are participating with clients to produce super HDD to facilitate the AI and generative AI data. It takes time and capacity to fulfill sales volume. They are in the best position to grow exponentially in the next 12 to 24 months. I kept significant amount of JCY shares since 2016. Good times ahead for JCY.


pang72

50,355 posts

Posted by pang72 > 2024-05-27 11:47 | Report Abuse

Hur!! Mr HO..
1.47B shares?
Is your friend the owner of JCY


pang72

50,355 posts

Posted by pang72 > 2024-05-27 11:55 | Report Abuse

Looking for 50c today.... Strong :)


Gentingbig

316 posts

Posted by Gentingbig > 2024-05-27 12:17 | Report Abuse

yes loh a friend also purchase 1500 lots since .21 cents and he is not going to sell as he told me its his retirement money to live on


FortuneBlooming

3,942 posts

Posted by FortuneBlooming > 2024-05-27 12:17 | Report Abuse

calvintaneng:

"I no fortune teller

But read these facts

1. Jcy sells both Hdd and Ssd. It captures both compared to others

2. Jcy said this qtr profit up even though it has only 50% operation

3. Reason for higher profit is due to selling higher value Hdd

4. And best of all
Jcy said

2nd half results to be better than 1st half

For traders price will fluctuate

For investors price expected to move higher but not in a straight line

So decide carefully based on facts"

good advice, tq


FortuneBlooming

3,942 posts

Posted by FortuneBlooming > 2024-05-27 12:20 | Report Abuse

calvintaneng:

"I also no fortune tell for Jcy, Notion or Dufu as to who will come out top at its finality

So i just buy all 3 and hold as long as their profits increase in coming months and years"

very good


pang72

50,355 posts

Posted by pang72 > 2024-05-27 12:31 | Report Abuse

Above statement describes well of jcy business in future...
OK! Buy and hold since so many treat jcy investment as retirement money:)


FortuneBlooming

3,942 posts

Posted by FortuneBlooming > 2024-05-27 12:47 | Report Abuse

yah lor

Ya meh... Good view..
OK... You enjoy yourself... I cut loses at 80c... Lucky me!!

Ngeh Ngeh want to say penthouse 90c view is excellent?

How come you all stay in penthouse 90c till can't think properly?

Aiyo... Fortuneball bro..
Even I cut lose at 80c avoiding massive crashing from 90c to 50c..
It is massive 30c loses.....

If I bought 100,000 shares so cost avoidance is $30,000

It is solid steady growth Qtoq and Ytoy including dividend.

https://theedgemalaysia.com/node/724406

Public Bank's 2Q net profit rises 10%, declares 10 sen dividend
By Jason Ng & Isabelle Francis / theedgemalaysia.com
27 Aug 2024, 01:29 pm
Updated - 02:29 pm
main news image
Photo by Low Yen Yeing/The Edge

KUALA LUMPUR (Aug 27): Public Bank Bhd (KL:PBBANK), Malaysia’s third-largest banks by assets, said on Tuesday its net profit rose 10% in the second quarter from a year earlier, thanks to higher net interest income and non-interest income.

Net profit for the three months ended June 30, 2024 (2QFY2024) was RM1.78 billion, compared with RM1.62 billion in the same period last year, Public Bank said in an exchange filing. Net interest income rose 5% year-on-year to RM2.32 billion.

The company also declared a first interim dividend of 10 sen per share, amounting to RM1.94 billion, payable on Sept 23.

For the quarter under review, net interest income was RM2.32 billion, while net income from Islamic banking stood at RM416.99 million. Non-interest income was RM674.75 million.

For the first half ended June 30, 2024 (1HFY2024), the group reported a net profit of RM3.44 billion or 17.70 sen per share, up more than 3% from RM3.33 billion or 17.17 sen per share.

Revenue increased 8.9% to RM13.49 billion for 1HFY2024, from RM12.39 billion a year ago.

In a separate statement, the group said the better performance was driven mainly by growth in the loan and deposit businesses, and further supported by growth in non-interest income.

"Coupled with prudent cost management and sound asset quality, the group achieved a net return on equity of 12.8% for 1HFY2024," it added.

Year-on-year, 1HFY2024 net interest and financing income rose by 3.9% to RM5.42 billion, with the net interest margin/financing margin staying stable at 2.2%.

Meanwhile, non-interest income recorded a 5.8% growth to RM1.32 billion, largely from higher income in the unit trust and stock-broking businesses.

"With the ongoing initiatives to enhance operational efficiency, operating expenses continued to be prudently managed, as reflected by the group’s cost-to-income ratio of 35.3%," read the statement.

In terms of asset quality, the group’s impaired loans ratio was steady at 0.6%, while loan loss coverage was sustained at 154.2%.

The group’s total loan portfolio sustained its upward momentum in 1HFY2024, and rose by an annualised rate of 6.0% to RM411.0 billion. In particular, the domestic loan portfolio expanded by 5.9% on an annualised basis to RM383.7 billion, outperforming the Malaysian banking industry’s annualised loan growth of 5.0%.

Total newly approved domestic loans increased by 8.9% in 1HFY2024, as compared to the same period last year.

Total customer deposits posted an annualised growth rate of 5.8% to RM424.9 billion, while domestic customer deposits expanded by an annualised growth rate of 5.3% to RM395.1 billion, led mainly by core deposit inflows.

The group also maintained a healthy liquidity position, with a gross loan-to-fund and equity ratio of 82.1% as of June 2024.

The group's loan loss coverage ratio stood at 154.2%, which was above the banking industry’s loan loss coverage ratio of 91.7%.

Including regulatory reserves, the loan loss coverage ratio was higher at 192.7%.

Non-interest income increased 5.8% year-on-year to RM1.32 billion in 1HFY2024, mainly supported by growth in unit trust income of 16.3% and an increase in stockbroking income of 44.6%.

The group continued to uphold its capital position, with its common equity Tier 1 capital ratio at 14.5%, the Tier 1 capital ratio at 14.5%, and the total capital ratio at 17.4%.

The group's liquidity coverage ratio remained above the regulatory requirement at 138.5%.

Public Bank shares gained 17 sen or 3.8% to close at RM4.68, valuing the banking group at some RM90.8 billion.

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27c dividend is never in my dream. But, it happen...
It is like striking toto

Teruk punya company...
BOSS from Singapore, come to bolehland to bully Bangla..
What type of mentality of this type if entrepreneur? Low class

Malaysia – Foreign workers arrested following riot over working conditions
August 28, 2014
Main content
Malaysian police have arrested 42 men after a riot of up to 1,000, mostly Nepalese, workers sparked fires and destroyed parts of an electronics export factory, reports Reuters.

The riot broke out in the southern industrial hub of Johor state on Tuesday at a factory run by JCY International, a Malaysian firm that makes parts for electronic giants including Samsung, Hitachi, and Western Digital.

Workers accused the firm of negligence after an employee at a nearby JCY factory died last Thursday after complaining of chest pains, according to local news reports.

The unrest spilled over to the firm’s other factory in Kulaijaya, police said, culminating in a stand-off between riot police and protesters.

Mohad Idris Samsuri, the district’s Deputy Police Chief, told Reuters: “This was caused by a misunderstanding between the employer and employees over the terms of their work.”

Those arrested will be charged under the country’s anti-rioting law.

JCY, which specialises in manufacturing parts for hard disk drives, issued a statement to the stock exchange saying that the unrest would not impact its business: “The company is currently taking active steps and measures to address the above matter and to reach an amicable settlement with the workers.”

Malaysia’s record on treating foreign workers is currently under scrutiny after the US State Department downgraded the country in June to Tier 3 in its 2014 Trafficking in Persons Report, triggering potential sanctions.

The report cited widespread problems of forced labour and a lack of enforcement by the authorities as major reasons for the downgrade.

Malaysia’s large electronics, agriculture, and construction industries rely heavily on unskilled foreign labour from countries, such as Indonesia, Bangladesh, and Nepal.

The immigrants often arrive in Malaysia heavily in debt after paying high fees to recruitment agencies and are usually given substantially lower salaries and even different jobs to the ones they were promised, according to studies by advocacy groups

Boss is playing golf but Bangla suffer

That why losing money, no profit in 10 years

https://www.business-humanrights.org/en/latest-news/malaysia-riot-at-jcy-intl-linked-to-poor-living-working-conditions-of-migrant-workers-company-denies-allegations/

I DON'T LIKE THEM TOUTURE BANGLA LIKE THAT LA...
RIOT PULAK...!!

I rather healthy, no eat medicine but may need to eat high blood pressure medication soon after reading budak farting

Honestly, I didn't read jcy 10 years AR. But, 2 QR yes..
It looks suspicious lo

If you think so all fund earning money then EPF will not cut lose in CEB and cabut

Ah boy...
I got no issue with Calvin but just don't like crap company like jcy. But, I got big issue with win1661 who continuing farting using my name here...

6.6mils shares disposed by epf and boss..
More to. Go

If go to notion set up another argue will be like Israel strike hamas then fire iran..
I want to be Malaysian. No war, no fight, peace of mind during retirement

Old man don't like argue..
Go to notion forum cari gaduh is waste of time instead jcy got one little boy can argue too

I don't go jcy because win1661 didn't buy jcy.
So, I go there for what?
Only win1661 bad mouth me in jcy, no other..
So, I continue entertain this budak kecil lol

You dream flying high in one day.
Ne, t Monday fall down will be sad story

I will say I do t gamble because ah pek can't rake much risk..
3.5% FD is ok

So, invest or gamble

Budak kecil,
Jcy crashing is foreseeable because it didn't make profit for almost 0ast 10 years.
Their boss are feeding Bangla with salary and fees themself with fat salary for past time

Sales

Pang72, thank you so much for making the stock go down, so that we all can buy low. Accumulate at 0.51sen:):):)

1 hour ago

YOU ARE MOAR WELCOME... :)

Speechless earning + dividend

FF has reduced pbb holding for past 6 months.
With strengthening ringgit, FF coming back to replenish their stock in pbb almost everyday

I believe $5.36 is matter of time before next QR

Latest revise target price for pbb range from $5.10 to $5.36.
Pbb best earning in town triggers FF buying in heavily

So, who wanna push up your jcy..
PP investors lo....
Pay 55c but market 50c... Haha

Yes, you are in dream..
Operasi cut loses completed in Notion...
Semua orang pain in ass...

Calvin has minimum jcy, most in DUFU but still very minimum..because all sold at high price
He is coming here for fun

Itu budak kecil win1661 lagi lama mahu berlajar

Looking good that fortuneball didn't quote my name for my cut win 80c is wrong recent comments..
He is learning lo

Notion sudah tak boleh near in red..
Next will be jcy turn red

Satu hari rebound think of market bullish...
Adui.... Ini budak...

Win1661... Mana lu pergi.... Come to buy 55c pp issues by jcy so to rescue the company la

Ask money from investor lagi with 70mils PP. Show that the financial is weak lo

Nanti drop below 50c, complaints lagi.... Adui

..... Fake rebound for you to exit...

You buy?

The investors would like to rescue jcy for paying 5c higher price?

Today see one sifu issue cut loses nia...

More pls

Wait for all sifu issue cut loses first

Diluted earning lagi

Hur! Habis liao lo

My 3.5% FD gain more profit than your jcy crashing from 90c to 50c then 17.5c

Small boy want quick profit

But not here quiet la.. BecYse people here can't quiet

Quiet pls

I don't like bising bising forums like Notion ot ytl

I am Obsolutely fine in pba