JCY INTERNATIONAL BERHAD

KLSE (MYR): JCY (5161)

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Last Price

0.42

Today's Change

+0.005 (1.20%)

Day's Change

0.41 - 0.42

Trading Volume

1,545,300


67 people like this.

20,121 comment(s). Last comment by Vicky 2 hours ago

Posted by Namoyaki Takarajima > 2012-09-25 09:36 | Report Abuse

datuk, siam girl nice eyh?

datuk

4,935 posts

Posted by datuk > 2012-09-25 09:38 | Report Abuse

Oklah....still lose to communist ladies...but i go to siam not just for ladies...also for bertapa ...like you ..namo...hehheheheh

Posted by Namoyaki Takarajima > 2012-09-25 09:45 | Report Abuse

keh keh keh keh, i bertapa at other places datuk, not at Thai-Land, other land.

Yuzuki

1,437 posts

Posted by Yuzuki > 2012-09-25 09:49 | Report Abuse

lol namo, big sea gambling roulette table not stable ... lol afterward just like Poseidon ship hehehe

Posted by bursabulltrader > 2012-09-25 09:54 | Report Abuse

Guys... going for 72/73... see you there...

datuk

4,935 posts

Posted by datuk > 2012-09-25 09:59 | Report Abuse

Dun predit the price to go down to rm0.72-0.73lah....kc loh will commit suiside! hehehe

Posted by Ching Yin Carrot Loh > 2012-09-25 10:03 | Report Abuse

Is ot jcy sink at Thailand float? Lol

Frank Soweto

3,425 posts

Posted by Frank Soweto > 2012-09-25 10:16 | Report Abuse

yeah gogogogo

Posted by Ching Yin Carrot Loh > 2012-09-25 10:22 | Report Abuse

Muahahaha,many people havea giraffe neck ad

poonj

947 posts

Posted by poonj > 2012-09-25 10:40 | Report Abuse

Omg drop back!!!!!

dknycom

1,235 posts

Posted by dknycom > 2012-09-25 10:44 | Report Abuse

throw now!!! will closed RM 0.75 today.
No kidding this time.

Yuzuki

1,437 posts

Posted by Yuzuki > 2012-09-25 10:51 | Report Abuse

heavy rain in thailand .... Bengkok flooded ???? .... Jay-see-why again to benefit ????? i thought yingluck already settled the problem ... hehehe too pretty to be prime minister lol

datuk

4,935 posts

Posted by datuk > 2012-09-25 10:54 | Report Abuse

Wasai!!!! buying share in anticipate with incoming flood?? George Soro pun kalah...hehehehehe

Posted by Ching Yin Carrot Loh > 2012-09-25 10:54 | Report Abuse

Then goneeeee=)

azta12

5,594 posts

Posted by azta12 > 2012-09-25 11:09 | Report Abuse

Thanawat Jarupongsakul of Chulalongkorn University told a seminar that Bangkok would likely see torrential rain this weekend between Saturday and Monday.

Working for the science faculty's unit for disaster and land information studies, Thanawat believes the best way for Bangkok to avoid a flood disaster this year is to drain most of the water out of its canals.

"There is a very high risk that storms will hit the country in the next two months," he said.

Low-pressure ridges have stagnated over the country for longer than usual, making it impossible for storms to come in so far this year.

"But this means the Central region will get hit by a few storms around October and November just like in 1990, 1996 and 2006," he said.

Bangkok's flood risk this year will be from storms, not run-off from the upper part of the country, he added.

Bangkok Governor MR Sukhumbhand Paribatra told the media that the heavy rainfall in the capital from September 4-23 produced 444 million cubic metres of water, or about half of the Pasak Jolasid reservoir.

KC Loh

13,701 posts

Posted by KC Loh > 2012-09-25 11:14 | Report Abuse

do a hit & run when the price goes up! :)

Posted by Ching Yin Carrot Loh > 2012-09-25 11:18 | Report Abuse

Well=)

cendana287

2,336 posts

Posted by cendana287 > 2012-09-25 11:20 | Report Abuse

Floods, hard disk demand, minimum wage etc. - all these are factors that will definitely decide on the company's business performance. Presumably, these will also affect the share price. But it's fascinating to note that one can use the above factors to argue BOTH ways :-)

With counters like this, I feel "current sentiments" will decide on which direction the price goes. Investors/traders/speculators are very fickle - don't be surprised should the present jittery sentiments are checked and everyone suddenly becomes optimistic. We have seen this happening so many times.

Yuzuki

1,437 posts

Posted by Yuzuki > 2012-09-25 11:23 | Report Abuse

there is also plenty of soft disk demand heheheh

cendana287

2,336 posts

Posted by cendana287 > 2012-09-25 11:32 | Report Abuse

From a gloomy 0.78 earlier to 0.815 at the moment - *what* has changed for JCY business-wise during the last couple of hours? Nothing. Sentiments and perception are a lot more important. If momentum is created, I wouldn't be surprised if it shoots past 0.90. This is a trader's counter and not really "investor's" although its dividends are decent enough.

rossiah

68 posts

Posted by rossiah > 2012-09-25 11:53 | Report Abuse

buy

ejtic

256 posts

Posted by ejtic > 2012-09-25 12:12 | Report Abuse

thank god bought some at 78... otherwise ko chai kee chia leow..

cendana287

2,336 posts

Posted by cendana287 > 2012-09-25 12:29 | Report Abuse

For all you know, it might go back down to 0.78 after this:-P But that's it - no one really knows what will happen after this. We can discuss and argue using all the known factors. However, there are the unknowns and other variables that will come into play, of which we can't quantify to predict the movements. The best that we can do is to evaluate what we do know and then make a decision on whether to buy and at what price.

Anyway, regardless of how the price will be after this, 0.78 is definitely not a sucker's price. One has to take risks in an effort to make profits.

vaneyap

82 posts

Posted by vaneyap > 2012-09-25 15:51 | Report Abuse

Someone kept selling 65 and what signal is this?

poonj

947 posts

Posted by poonj > 2012-09-25 17:10 | Report Abuse

Close with red haiz.....

dknycom

1,235 posts

Posted by dknycom > 2012-09-25 17:50 | Report Abuse

jcy lucky day today.

kcfan

1,881 posts

Posted by kcfan > 2012-09-25 21:34 | Report Abuse

JCY Falls 6% On Force-selling And Market-maker Activity
JCY International continues to drop in afternoon trade on force-selling and market-maker activity after opening lower in early trade. Four trading days ago when the stock had been sold down to 94 sen, many traders had misjudged the timing of a rebound, said one dealer. This lead many contra players being forced to sell the stock in advance based on the T+3 settlement rule. Under this rule, traders who had not paid to pick up the shares or had not sold their shares within the specified cut-off period would have their holdings be force-sold by the respective stockbroking firms. The leading Hard Disk Drive (HDD) maker closed at a new low of 80.5 sen after being the third most active stock on Monday, 24 September. There were also indications that market-making activities by institutions had led to the sell down of the share in order to profit from a fall in the company’s warrant. It is presumed that these institutions had sold warrants at higher prices few days prior to picking up the much cheaper warrants now.

Significance: Earlier in August, JCY saw the dumping of its shares by funds due to weaker results, bleak outlook for the HDD sector and a downgrade in its recommendation. Despite receiving a lower target price of between RM1.20 to RM1.45 by leading stockbroking houses, JCY has since continued to decline.

(I'm not holding any share on JCY.Just for my case review only).

cendana287

2,336 posts

Posted by cendana287 > 2012-09-25 23:49 | Report Abuse

Don't know about the mother but I'm keenly following the warrants. CF especially. Big lots sold at 0.025 today and also yesterday - someone or some people throwing 5,000 lots in one shot several times. Forced selling? But when this is over, then the supply-demand principle will also be in action at the other end too... provided JCY picks up a bit.

blekzz9

371 posts

Posted by blekzz9 > 2012-09-26 10:05 | Report Abuse

It will close green today,Buying percentage is very high..

azta12

5,594 posts

Posted by azta12 > 2012-09-26 10:15 | Report Abuse

HIGHEST RAINFALL IN 50 YEARS;

BANGKOK: -- Bangkok residents can expect more downpours and likely flooding over the next few days.

According to the Meteorological Department's forecast, thunderstorms will affect most parts of Bangkok and its adjacent provinces until next Monday. Cloudbursts are expected in many areas too.

Following hour-long downpours, traffic became paralysed in several parts of Bangkok as dozens of roads were swamped. Bangkok's total rainfall this month is already the highest for any month in five decades.

The Bangkok Metropolitan Administration (BMA) has warned residents that it takes several hours for all the water to drain after a heavy downpour. It says the capital's water-drainage system is designed to deal with up to 60 millimetres of rainfall only.

poonj

947 posts

Posted by poonj > 2012-09-26 11:18 | Report Abuse

No power to press up....

sanyobatt

29 posts

Posted by sanyobatt > 2012-09-26 11:36 | Report Abuse

azta12,do you have the link?thanks

Posted by Ching Yin Carrot Loh > 2012-09-26 15:33 | Report Abuse

jcy,get up,bangkok float float float

Posted by Ching Yin Carrot Loh > 2012-09-26 18:02 | Report Abuse

nvr mind,float first,jcy up first,but plz up before 3o sept,my trip lol=(

sanyobatt

29 posts

Posted by sanyobatt > 2012-09-26 18:04 | Report Abuse

azta12,thanks

san4477

6 posts

Posted by san4477 > 2012-09-26 21:36 | Report Abuse

Dear all the sifus, i just came back from holidays and i just lost 100K!!!! My partner will certainly KILL me for this!! What should i do now?? Any comments please?!! I don't want to jump down just yet.... :(

necro

4,726 posts

Posted by necro > 2012-09-26 23:30 | Report Abuse

kah kah kah!!
lawak laa u san4477!!
kah kah kah kah!!

necro

4,726 posts

Posted by necro > 2012-09-26 23:30 | Report Abuse

degil da ckp!!

necro

4,726 posts

Posted by necro > 2012-09-26 23:30 | Report Abuse

punters punters!!

boy2men

47 posts

Posted by boy2men > 2012-09-27 09:19 | Report Abuse

seriously 100k ?? bad luck or bad calling i should say

boy2men

47 posts

Posted by boy2men > 2012-09-27 09:20 | Report Abuse

no need to jump bcos of 100k la... atleast few million la...

Posted by Yuk Weng Foo > 2012-09-27 09:35 | Report Abuse

100k.... i feel your pain too dude....

Posted by RealityTradingBull > 2012-09-27 09:55 | Report Abuse

Yuk Weng Foo,
What is your opinion on JCY? :)

A_Elder

54 posts

Posted by A_Elder > 2012-09-27 10:02 | Report Abuse

I think JCY at support now..... good time to buy more.....

Posted by RealityTradingBull > 2012-09-27 10:10 | Report Abuse

Elder sir, Technically JCY does look sexy at 15 & 60 min intraday for bounce anticipation.

A_Elder

54 posts

Posted by A_Elder > 2012-09-27 10:12 | Report Abuse

With more rain fall in Thailand, this should provide a catalyst for an uptrend in price.

A_Elder

54 posts

Posted by A_Elder > 2012-09-27 10:13 | Report Abuse

RealityTradingBull - What charting software do you use?

Posted by RealityTradingBull > 2012-09-27 10:16 | Report Abuse

Catalyst & Capitulation are good things :)

assthrow

129 posts

Posted by assthrow > 2012-09-27 10:21 | Report Abuse

Thien Ting Ting
ting.ting.thien@kenanga.com.my
Tel: 603-2713 2292


We are initiating coverage on JCY with a MARKET PERFORM rating and
a Target Price of RM0.85 based on 1.15x P/BV. JCY is one of the
largest global precision engineering manufacturers of HDD mechanical
components. Since Aug 2012, JCY’s share price has corrected by
50.0% from its peak. Despite this, we reckon that the share price
could still continue to be overshadowed by a number of concerns on
the industry outlook at this juncture. We believe macro uncertainties,
challenging industry trends and possible company-specific issues will
be the headwinds limiting a strong rebound in the share price. The tide
in the industry has turned negative and JCY being a leader in the local
HDD sector is likely to feel the adverse impacts. In fact, its earning
visibility is likely to get worse before it gets better over the next 6
months. Hence, the investment strategy on the stock, in our view, is to
wait out the sector weakness at the moment and re-look for
opportunities later when the sector woes clear up a little. Our current
MARKET PERFORM rating is premised on the stock offering an upside
of 6% to our Target Price.

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