JCY INTERNATIONAL BERHAD

KLSE (MYR): JCY (5161)

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Last Price

0.415

Today's Change

+0.005 (1.22%)

Day's Change

0.415 - 0.435

Trading Volume

9,039,500


67 people like this.

20,120 comment(s). Last comment by mf 1 hour ago

rossiah

68 posts

Posted by rossiah > 2012-11-22 10:01 | Report Abuse

sudah senyap lol..takut pumya olang mau jual semua..olang lain untung ma.

monreyes

892 posts

Posted by monreyes > 2012-11-22 10:02 | Report Abuse

Harold..we are the Ayam Penyet..

minitrader

2,273 posts

Posted by minitrader > 2012-11-22 10:05 | Report Abuse

and AYAM GOLEK leh...hehehe

minitrader

2,273 posts

Posted by minitrader > 2012-11-22 10:08 | Report Abuse

Posted by Fat Cat Tim Buddy > Nov 22, 2012 09:53 AM | Report Abuse

we all screwed by big con man mr lamken, this should be a reminder for all, stock market is not charity :l


Yup bro...remember that stock mkt investment is a zero sum game...one makes, the other loses...

minitrader

2,273 posts

Posted by minitrader > 2012-11-22 10:08 | Report Abuse

gonna miss Christmas...

monreyes

892 posts

Posted by monreyes > 2012-11-22 10:09 | Report Abuse

Could be due to this announcement yesterday evening..

PUBLIC SHAREHOLDINGS SPREAD
JCY International Berhad ("the Company") - Status Announcement on
Non-Compliance with the Public Shareholdings Spread Requirement pursuant to Paragraph 3.3 of Practice Note 19 of the Main Market Listing Requirements ("Main LR") of Bursa Malaysia Securities Berhad ("Bursa Securities")You are advised to read the full contents of the announcement or attachment at
http://www.bursamalaysia.com.

minitrader

2,273 posts

Posted by minitrader > 2012-11-22 10:11 | Report Abuse

mkt chisin ma...

stock5678

531 posts

Posted by stock5678 > 2012-11-22 10:29 | Report Abuse

i think many got shot by recent rebound in JCY. Hope still survive.

sheep

3,849 posts

Posted by sheep > 2012-11-22 10:31 | Report Abuse

if resistance at 0.70 broken....time to collect at 0.60

sooncafe

134 posts

Posted by sooncafe > 2012-11-22 10:44 | Report Abuse

Can collect around 0.65 to 0.68

Harold Huong

1,036 posts

Posted by Harold Huong > 2012-11-22 10:46 | Report Abuse

Buaya BELI tiada duit sudah, cuma boleh BUY 1 lot 1 lot...haha
Buaya SELL cepat kasih push down price kuat kuat sampai 0.660

minitrader

2,273 posts

Posted by minitrader > 2012-11-22 10:50 | Report Abuse

hahaha Harold Huong...buaya eaten by another buaya ma...

minitrader

2,273 posts

Posted by minitrader > 2012-11-22 10:55 | Report Abuse

HLIB Research threw a bomb on JCY...

minitrader

2,273 posts

Posted by minitrader > 2012-11-22 11:01 | Report Abuse

Quoting from HLIB Research..

We have slashed our FY13-14 net profit forecasts by 18.7%
and 14.8% respectively, to reflect higher cost assumptions.
Rating HOLD , TP: RM0.73 
 Positives - high adoption rate of cloud computing and
demand for rich / high density media contents.
 Negatives - Appreciating Ringgit, weak global demand in PC
and SDD as substitute.
Valuation  We downgrade our rating on the stock from BUY to HOLD
after cutting our target price by 40.7% from RM1.23 to
RM0.73 based on the average of US HDD brand
manufacturers’ FY13 P/E of 4.8x (see Figure #5).

What la this analyst??? After slashing estimates and put new TP at 0.73, yet he call a HOLD...price from 0.845 to 0.73 HOLD meh?

Harold Huong

1,036 posts

Posted by Harold Huong > 2012-11-22 11:12 | Report Abuse

From tomorrow start workings, still clear Annual Leave...
Next Monday, clear leave again until 04/Dec...so hope for some good show in BURSA..

Mat Cendana

2,336 posts

Posted by Mat Cendana > 2012-11-22 11:12 | Report Abuse

This is similar to what happened after the last quarter report. Did JCY report a LOSS? No, it's just a lower profit. This is something that people have already guessed about. After all there were already concerns about its HDD business and it certainly wasn't expected to improve on quarter. So why such a sharp fall? People may suspect market manipulators but I think one obvious reason is this - it has too many contra players, and the earlier panic started a chain reaction of people wanting to cut loss.

minitrader

2,273 posts

Posted by minitrader > 2012-11-22 11:13 | Report Abuse

enjoy your break bro...

minitrader

2,273 posts

Posted by minitrader > 2012-11-22 11:14 | Report Abuse

Mat Chendana.. u r probably right...

minitrader

2,273 posts

Posted by minitrader > 2012-11-22 11:23 | Report Abuse

Out of the 51m shares traded thus far, more than half or 54% of the volume done at 0.71/0.715. Someone accumulating for Christmas?

Kent Lee

211 posts

Posted by Kent Lee > 2012-11-22 12:04 | Report Abuse

Mini... care to share how u know its accumulating at 0.71/0.715 pls?... TQ sir

Posted by Fat Cat Tim Buddy > 2012-11-22 12:08 | Report Abuse

click on the 'green thing' in your bursa trading portal, from left to right number 4 :)

Posted by Fat Cat Tim Buddy > 2012-11-22 12:09 | Report Abuse

click into the stock, beside 'volume' there, and see trans%

Steve Jub

4,203 posts

Posted by Steve Jub > 2012-11-22 12:10 | Report Abuse

walau, what happen?

minitrader

2,273 posts

Posted by minitrader > 2012-11-22 12:16 | Report Abuse

Posted by Kent Lee > Nov 22, 2012 12:04 PM | Report Abuse

Mini... care to share how u know its accumulating at 0.71/0.715 pls?... TQ sir

if u have a live online trading screen, now u'll c that 26% of vol done at 0.715 n 30% done at 0.71. I believe they are accumulating and supporting at these levels today...can't say much for tomorrow though

Kent Lee

211 posts

Posted by Kent Lee > 2012-11-22 12:18 | Report Abuse

noted... TQ sir

monreyes

892 posts

Posted by monreyes > 2012-11-22 12:38 | Report Abuse

Very bad review from OSK...TP 35sen hampehh

Mat Cendana

2,336 posts

Posted by Mat Cendana > 2012-11-22 12:51 | Report Abuse

Keep this report by OSK, highlight and post it to them later. 0.35...? If it really does drop down to this, I'll go to their nearest branch near Sunway Giza and bow to each and every staff including the cleaner. If it doesn't get anywhere near this, I have only one word to describe the person who wrote it - bangang.

KC Loh

13,701 posts

Posted by KC Loh > 2012-11-22 12:52 | Report Abuse

can you keep us informed WHEN you are heading to Giza yeah? i will bring my video recorder! :)

Posted by FlyingStocks > 2012-11-22 13:08 | Report Abuse

down..down down... like AMELIA pleasee..just cut loss 11sen from WTK..

Hustle

3,615 posts

Posted by Hustle > 2012-11-22 13:08 | Report Abuse

Can perform Gangnam Naked Style in front of their office too hehe

Mat Cendana

2,336 posts

Posted by Mat Cendana > 2012-11-22 13:14 | Report Abuse

Just to up the stake, I'll also run naked until The Curve HAHA! But OSK has to put up something too - can it give me 10,000 units of JCY if it doesn't reach 0.35 within a reasonable period?

buybackma

790 posts

Posted by buybackma > 2012-11-22 13:19 | Report Abuse

Seems OSK's analyst more accurate than CIMB and HLIB's analyst ma! Hemmm I just wonder how simply he/she make the reviewed. Bursa should look into this matter very very seriously otherwise analyst will just make his/her own comments, assumptions and reviewing towards any company without integrity and non-ethical. Sure the price keep droping in the 2nd session coz of this non-ethical reviewed. See Mat Cendana angrily already! Mat I agree with you just go to the nearest branch. Luckily I didn't enter Jcy again since sold at 1.55 few mths back. Don't buybackma! at this point of time lor..

Posted by bursabulltrader > 2012-11-22 13:34 | Report Abuse

After current selldown there will be possible rebound. Though not a really strong one. Those who interested to earn some can go in with target < 0.78. But do execute tight cut-loss.

I believe JCY will be trading downtrend going forward, once it break below 0.70, mostly will be targeting 0.40-0.50 at this moment.

All the best... :)

ejtic

256 posts

Posted by ejtic > 2012-11-22 13:34 | Report Abuse

What lan eh! Thank God. Sold all yesterday at 85. Made decent gain. If sell today, surely makan pisang man!!

Mat Cendana

2,336 posts

Posted by Mat Cendana > 2012-11-22 13:35 | Report Abuse

I don't have any JCY shares or its warrants this time. Was late and hesitant about jumping in last week. Everyone is entitled to his own opinion but an analyst or journalist must also practice some caution and have some reservations knowing that a lot more people would read what they say. That's unlike us here. There might be pessimism about JCY but 0.35?!

By the way, if that's what OSK thinks, it should come out with new call warrants to reflect the current situation. The warrants remaining in the market look very outdated now (except for HA, of course). OSK should come up with one at 0.70 and another at 0.50 and sell them at reasonable prices. Hey, why not 0.50 because OSK will still make money because it says JCY's TP is only 0.35!

passerby

2,877 posts

Posted by passerby > 2012-11-22 13:50 | Report Abuse

They can't because the counter need to be traded within certain threshold of volume on daily basis for certain duration trading period & meet the minimum market capital requirement before they can issue the CW tracking the underlying.

That's why most of the issued CWs are tracking the underlying of actively traded mid-cap to blue chip counters only.

Hardly or almost none CW is ever issue to track small cap or penny stocks.

They would have wanted to issue as much as possible but they need to abide the regulation as set by Bursa. I read it from The Edge Malaysia issued earlier this year if I'm not mistaken.

Hustle

3,615 posts

Posted by Hustle > 2012-11-22 14:25 | Report Abuse

If OSK so sure about it will come to RM0.35,why not they just sapu all JCY-HA.May be we can consider the OSK counter if the HA is sold out...:)

dknycom

1,235 posts

Posted by dknycom > 2012-11-22 14:53 | Report Abuse

alamak. my friend gila now.

Posted by shareinformation > 2012-11-22 15:03 | Report Abuse

what will happen to the over 400 million profit amassed over last financial year??

verylovely

127 posts

Posted by verylovely > 2012-11-22 15:10 | Report Abuse

Alamak. The buaya happy now as they had pushed up the price to 0.875 yesterday to distribute theirs!

Posted by mysterious99 > 2012-11-22 15:57 | Report Abuse

mat cendana, rather than going to sunway i guess come over to the PO la... AMPANG PARK...better ma!!!! Will join you..

KC Loh

13,701 posts

Posted by KC Loh > 2012-11-22 16:01 | Report Abuse

Posted by Mat Cendana > Nov 22, 2012 01:14 PM | Report Abuse
Just to up the stake, I'll also run naked until The Curve HAHA! But OSK has to put up something too - can it give me 10,000 units of JCY if it doesn't reach 0.35 within a reasonable period?

wow... all the way to media prima mar... then hero!

the last hero that that i know wanted to chop his own anatomy after losing his own dare in Kfima thread also never did, what makes it so sure you will do it? anyway, i wanna be there with my camera just in case! LOL

Mat Cendana

2,336 posts

Posted by Mat Cendana > 2012-11-22 16:14 | Report Abuse

Ampang Park - too far, traffic jam. I don't want to pay toll:-P

Posted by investor2012 > 2012-11-22 16:15 | Report Abuse

crap this JCY, i'll run naked pissing all the way!

KC Loh

13,701 posts

Posted by KC Loh > 2012-11-22 16:16 | Report Abuse

dey, media prima no toll! hahahahaha

minitrader

2,273 posts

Posted by minitrader > 2012-11-22 16:17 | Report Abuse

Posted by investor2012 > Nov 22, 2012 04:15 PM | Report Abuse

crap this JCY, i'll run naked pissing all the way!


hahaha...laughing lor...

minitrader

2,273 posts

Posted by minitrader > 2012-11-22 16:22 | Report Abuse

in this kind of mkt, lots of people will be naked pissing all over, directionless...

KC Loh

13,701 posts

Posted by KC Loh > 2012-11-22 16:22 | Report Abuse

Posted by investor2012 > Nov 22, 2012 04:15 PM | Report Abuse
crap this JCY, i'll run naked pissing all the way!


LOL classic!

Steve Jub

4,203 posts

Posted by Steve Jub > 2012-11-22 16:22 | Report Abuse

why everyone want to run naked? :D

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