Posted by poonj > 2012-10-02 16:07 | Report Abuse

Drop back@@

Posted by banana86 > 2012-10-02 16:28 | Report Abuse

how come will drop back today? i tot it broke d resistance!!!! will it become support again?

Posted by justin220 > 2012-10-02 16:37 | Report Abuse

Yesterday KC Loh has a very solid rationale for the lackluster performance of JCY.
Everybody should think twice before betting on this counter. It's our hard earned money.

http://klse.i3investor.com/servlets/cube/lkc121%20.jsp

Posted by Rose Eu > 2012-10-02 19:46 | Report Abuse

Company buying back own shares these few days, check it out.

Posted by dknycom > 2012-10-02 19:50 | Report Abuse

BETTER LET GO THIS COUNTER NOW.
NO MORE HOPE ON IT FOR THIS FEW MONTHS.
AFRAID WILL GO BACK TO ITS ORIGINAL PRICE VERY SOON.

Posted by jacklintan > 2012-10-02 19:51 | Report Abuse

Hello everyone!

Wahhh, so many of you still cling to JCY...

Posted by petracot > 2012-10-02 21:22 | Report Abuse

Yesterday, JCY surged from 77 sen to closed at 81.5 sen with heavy volume. Today it dropped 2.5 sen to 79 sen. This is what we call "dead cat bounce". Upward price movement of JCY would need to be sustained for a couple of weeks before the uptrend can be confirmed. Until then, there would be lots of bull traps along the way.

Posted by dknycom > 2012-10-02 21:26 | Report Abuse

YAYA I AGREED WITH YOU. JCY IS LACK OF GOOD NEWS NOW.
DOWNTREND CANNOT BE AVOIDED ANYMORE.

Posted by transformer123 > 2012-10-02 21:50 | Report Abuse

I give a call the target price be at RM1.10

Posted by blekzz9 > 2012-10-03 00:51 | Report Abuse

Hope to get some money from this counter tomorrow. Have confident it will bounce up but not much..RM 1.10 long way more la bro.

Posted by ahjibgor > 2012-10-03 01:00 | Report Abuse

The current price for 3.5' 500GB SATA Harddisk Drive is about RM170-190. Last year before Thailand flood, the price is around RM105-125. Please think about it. Do you think JCY will still go back to RM0.40??

Posted by chongkonghui > 2012-10-03 01:20 | Report Abuse

I am going to buy a 1TB harddisk tomorrow.... wonder what is the price...

Posted by chongkonghui > 2012-10-03 01:23 | Report Abuse

Check back old records, I bought a 500GB in May 2011, for RM270.90

Posted by talk2pkc > 2012-10-03 04:08 | Report Abuse

This counter had its glory n the Thai have re-group into a better trading position , regardless of wind; storm or hail ..............

Posted by DUnkin > 2012-10-03 10:01 | Report Abuse

jcy today is a bit weird...=_=

Posted by Fat Cat Tim Buddy > 2012-10-03 10:07 | Report Abuse

mat c, u manage to sell the CF at 0.03?

Posted by datuk > 2012-10-03 10:20 | Report Abuse

Finally,,,,,the long overdue "korektion" is coming.......market is expected to retreat 250 point from the current level.....cabut cepat cepat!!!

Posted by Yuzuki > 2012-10-03 10:23 | Report Abuse

market self abusing hehehe torturing itself form overblog

Posted by datuk > 2012-10-03 10:29 | Report Abuse

After the "strange budget", the incoming GE, the weakening of comodity price, deteriorating of euro zone, the index is hovering in all times high region with blue chip at peak valuation, the ghost of oct ......all these sugur well for "korektion".....

Need to rebalance my asset class....i think "prudent" is the word of to live with....

Posted by DUnkin > 2012-10-03 10:37 | Report Abuse

datuk,what is korektion?

Posted by datuk > 2012-10-03 10:40 | Report Abuse

Aiyah.....i also just pick up this word from YUzuki.....correction....hehehe

Posted by DUnkin > 2012-10-03 10:42 | Report Abuse

ohh~~hehe..thank you

Posted by blekzz9 > 2012-10-04 10:33 | Report Abuse

macam tak jalan hari ni..volume low!

Posted by rossiah > 2012-10-04 12:55 | Report Abuse

jalan ma nanti petang..

Posted by bursabulltrader > 2012-10-04 14:33 | Report Abuse

Gang...think will need to push down few more cts... possible 71/72. good luck...

Posted by zack_liza > 2012-10-04 14:43 | Report Abuse

no la....right time to buy RM0.78.... support price..

Posted by bursabulltrader > 2012-10-04 15:01 | Report Abuse

Not comfortable it hovering at this level too long. More chances to break down..

Posted by kschua08 > 2012-10-04 15:03 | Report Abuse

agreed, downtrend ahead.

Posted by zack_liza > 2012-10-04 15:43 | Report Abuse

buy...buy..green day today....close rm0.82? rm0.85?.. dont miss this flight...

Posted by Fat Cat Tim Buddy > 2012-10-04 15:46 | Report Abuse

big volume transaction, shark is collecting... lol

Posted by dknycom > 2012-10-05 09:22 | Report Abuse

heavy drop again. what happened?

Posted by transformer123 > 2012-10-05 09:30 | Report Abuse

They are exchanging the shares and the stop loss is at RM0.72...
Reliable sources it will rebound back to RM1....
Perhaps time to collect...
Me had 300,000 shares at RM0.80....
Be patient...

Posted by Rose Eu > 2012-10-05 09:34 | Report Abuse

company bot back 15.95 million shares.

Posted by blekzz9 > 2012-10-05 09:51 | Report Abuse

no worries! It won't drop below 0.75 today..going up soon.

Posted by petracot > 2012-10-05 10:11 | Report Abuse

The persistent sell down of JCY is a cause of concern. Initially, a lot of people blamed Investment Banks for the slide. They say that the price was pushed down in order to protect IBs from big pay-outs to call warrant holders.

I think the slump in JCY price is more serious than that. All the exercise prices of CWs are above RM1 and hence share price of JCY below RM1 poses no threat to the IBs. But JCY is still sliding and big timers are still selling. The only beneficiaries of the current situation are put warrant holders.

What do all these scenarios tell the market? I think the simple answer is: there is probably a fundamental change in the HDD business and financial figures. To be sure of the matter, watch out for the 4Q results and company explanations before you take the next course of actions.

Posted by datuk > 2012-10-05 10:18 | Report Abuse

Valuation wise....rm0.50.......it you trust me....hehehe

Posted by Hustle > 2012-10-05 11:40 | Report Abuse

Previously when buy JCY at price RM0.45 really not much people comment on this forum,after it break RM1 suddenly this counter become blue chip and hot topic.Everybody need to pray to Thee Kong for more rain.

Posted by zack_liza > 2012-10-05 17:10 | Report Abuse

WOW...BUYER COLLECT 3.3 MILL JCY RM0.78 WITHIN 5 MINUTES...SEE U NEXT WEEK...NOW S/HOLDER CSL VERY HAPPY MAA.. SO, NEXT ROUND JCY.... DONT WORRY...PLAYER COME BACK...

Posted by Fat Cat Tim Buddy > 2012-10-05 17:13 | Report Abuse

i kind of miss lamken wahahaha..

Posted by shanting > 2012-10-05 17:54 | Report Abuse

Lamken!!!???? MBA

Posted by shanting > 2012-10-05 17:55 | Report Abuse

sorry....MIA!! Missing in Action

Posted by CP TEH > 2012-10-05 18:14 | Report Abuse

I do think they will send another person to make all trapped here to trust him, then send the stock flying again before they distribute to the herd, who somehow like to follow the crowds.

As they said, market is the only place where u do not need to learn, study or use logic. Proven by so many illogical followers here. Perhaps greed in play.

When should we look at any stocks again? When no one interested to check her anymore. When this noisy forum quieten. When some illogical forummers here biting their nails, and start to realize they are losing money and wasting their time.

I m saddened to see actually we have so many believe him that it will go to rm2, calling him sifu, god etc etc. whether we mean it or not, we are lowering ourselves to his level. Many profit hugely from this speculation and of coz we have many more followers, late comers continue to feed into the system. I will like to write another post about jcy if it really goes to 50cents?

Till then, take that as a lesson to learn. Do not blame him or anyone. That is how market works.

Teh

Posted by Fat Cat Tim Buddy > 2012-10-05 18:56 | Report Abuse

cipteh... stay frugally and die HAhaha..

50 cent? tolong la.. jcy is not harvest or nicorp, it actually paid dividend, real hard cash, the company even heavily buy back at 0.95-1.05, they probably doesnt have the stock market experience like YTL, but it indicated that they think the price is under-valued. which is a good thing.

what i see here is an over-reacted crowd sentiment. :)

Posted by Jjtrader > 2012-10-05 19:03 | Report Abuse

I think I still have to thank Lamken, because of him I managed to make profit for trading this counter. I am lucky enough to dispose all the shares at the level around RM 1.5 + and never buy back again if not I think I have to jump from Twin tower because at that time I was holding around RM 750 K of JCY shares. Thanks again Lamken even though what ever you said is BULLSHIT and NEVER materialized. Wahahaha !!!!! (Follow fat cat.)

Posted by stock5678 > 2012-10-05 21:02 | Report Abuse

this proven Malaysian are rich, simply a person also has invested over RM100K above

Posted by CP TEH > 2012-10-05 21:35 | Report Abuse

Fat cat, it is hard to go too low to your level to talk to. Sorry.

Posted by talk2pkc > 2012-10-05 21:49 | Report Abuse

yo yo , pls dig deep n think wisely , so far financial figures doesn't indicate down trend is round corner , unless 3Q is disappointing ??? Meantime , forecast 0.50 unlikely for short term , more likely to rebound back 0.85 , mah ........ ha ha

Posted by russ > 2012-10-05 22:29 | Report Abuse

Who is newbie? Cpteh?

Posted by Mat Cendana > 2012-10-05 23:21 | Report Abuse

I've been fortunate with JCY so far I guess, with both the mother and -CF. This is what I see of JCF: it is a widely-followed and speculative counter but one that is also backed by good fundamentals. It is different from other counters like Ingens, Cybert etc. whose business performances don't justify the attention they've gotten.

From what I see, there seems to be only one negative factor - albeit something that's admittedly critical - i.e. forecasts and projections that its next reported quarter will come up with deteriorating results due to perceived lesser demand for HDD parts. But many automatically "deteriorating" or "poorer" results with "a loss", which is not really correct. For the first two quarters so far, JCY had reported PROFITS. Year-on-Year, it is still way in the black. If things are really going to be THAT bleak for JCY, I'd say the management would have chosen to keep a lid on expenditure, including in not giving out dividends. But they did in the last quarter, despite the `poorer' results.

I'm not recommending for people to buy - I'd never do that with ANY counter. But I still feel there's money to be made with JCY although it will be risky. At the same time, it's risky with ANY counter, including the so-called "quality stocks" because there's no guarantee of anything (Sime Darby, KLK, IJM etc. come to mind).

My strategy with JCY is "hit and run"; go against the crowd. That's what I've been doing with the -CF the past few weeks. But you will have to cash out FAST - one sen profit is A LOT and that's the time to exit. If it goes down, then buy again. I'm trying to get it at 0.02 - although the exercise price of 1.22 looks a bit too high, the four months to expiry date gives the punter a fighting chance. Yes, its premium is also high but then this is JCY - with CWs, interest and momentum are more important. And JCY has both.

Posted by zack_liza > 2012-10-07 07:36 | Report Abuse

not only jcy-cf,jcy cg & jcy ci also have premium when mother going up to rm0.82 above .. the cg & ci start rebound at r0.02-0.03...please refer chart...