Posted by Lai Yin Keat > 2014-06-10 20:06 | Report Abuse

Investing based on hope and hearsay can yield some 'suprises'

Posted by Johnnys > 2014-06-10 21:56 | Report Abuse

You can check JCY customer's WD and Seagate price, WD is more than double in the 6 months time. Be confident, buy and keep.

Posted by HC Lee > 2014-06-11 11:21 | Report Abuse

Someone is purposely depressing the price to collect...

Posted by Jjtrader > 2014-06-11 11:34 | Report Abuse

Stop given the inform such as someone pressing down the price to collect, this statement already used for more than 1 year. Don't tell me everyday also people pressing down the price, not logic. If BIG SHARK want to collec the shares they will let the price drop to limit down and don't need one day pressing 1 or 2 cents. Sigh ! Sigh! Sigh!

Posted by angku > 2014-06-11 17:57 | Report Abuse

if the operator wants to push, no one can stop them.

Posted by HC Lee > 2014-06-11 21:47 | Report Abuse

when they want to collect, they won't be pushing. It will be stupid of them to collect at high price when they could do it cheaper. Also some accumulations may take months, not days or weeks.

Posted by melakaboyz > 2014-06-13 17:07 | Report Abuse

Hiii newbie here... Today many counter start moving...

Posted by HC Lee > 2014-06-13 17:21 | Report Abuse

Agreed...today many starts to move...next week may be a good week.

Posted by Johnnys > 2014-06-13 17:28 | Report Abuse

Hope tomorrow can continue.

Posted by dyks1 > 2014-06-13 17:39 | Report Abuse

Sure tomorrow can't continue, cos it's Saturday. lol

Posted by Johnnys > 2014-06-13 18:35 | Report Abuse

too bad..is Saturday. cannot earn $$ from stock market.
Maybe from world cup

Posted by HC Lee > 2014-06-16 11:36 | Report Abuse

http://www.reuters.com/finance/markets/asia ....semi con counters should be doing well.

Posted by HC Lee > 2014-06-16 11:50 | Report Abuse

MPI and Unisem already moving so much...JCY shd follows suit sooner or later.

Posted by sage > 2014-06-16 15:51 | Report Abuse

Since when is jcy part of the semi conductor industry? What type of semi conductor devices and circuitry do they make? Confuscious say better do some homework and look up dictionary for semiconductor and then read the business back ground on jcy on this page (then compare to mpi and unisem) to avoid being the laughing stock (joker).

Posted by Johnnys > 2014-06-16 16:04 | Report Abuse

Hard Disk

Posted by HC Lee > 2014-06-16 16:07 | Report Abuse

If you dun know that hard disk storage and chips go hand in hand...better read up.

Posted by sage > 2014-06-16 16:39 | Report Abuse

I will forgive your ignorance so let me try to make it clearer for you. Jcy makes MECHANICAL hard disk components like base plate and actuator head etc. Unisem and mpi make SEMICONDUCTOR components like electronic circuitry in electronic devices, ie actual circuit boards and chips etc. SSD is an example of a semiconductor chip. These are actual electronic components which jcy do not make.

Posted by HC Lee > 2014-06-16 18:06 | Report Abuse

It's not important for me to define what is hard disk and SSD. What matters most to me is the growth prospect for JCY biz and it's link to the semi con industry.

Posted by sage > 2014-06-16 21:17 | Report Abuse

Not going to waste anymore time. The smart ones will understand. Those holding this counter are just waiting for the earnings to deteriorate and price to fall further most likely from next quarter or following quarter. You only need to look at its historical earnings since ipo listing date.

Posted by bsngpg > 2014-06-16 21:48 | Report Abuse

sage : thks , I buy your points.

Posted by lohman > 2014-06-18 10:15 | Report Abuse

JCY is classified under Precision Engr industry while Unisem/MPI/Inari/Globetronics are under Semicon on Bursa. The semicon company shares have moved far ahead in 2014 in line with global trends but this does not mean JCY as a mechanical HDD component manufacturer will not have its day in the sun. Granted, the HDD industry is undergoing consolidation and component prices were pressured by SSD competition but better days are here after a disastrous 2013. I take comfort that certain JCY directors bought, and are still holding, millions of JCY shares over 2013/2014.

Posted by HC Lee > 2014-06-18 19:06 | Report Abuse

As long as WD and Seagate perform well, what is there to worry too much. If no confidence, just sell.

Posted by mikashearer > 2014-06-18 22:32 | Report Abuse

TP0.575will be the lowest point if the drop happen... I think until August will between 80 cent to 70 cent...

Posted by sham01 > 2014-06-21 12:14 | Report Abuse

what does 1 cent dividend mean in RM terms for a 25sen share like JCY?

Posted by tht3861 > 2014-06-21 16:30 | Report Abuse

Sham01 JCY par value is RM 0.25 recently it give 1.25cents dividend. JCY is a cash rich company and 2QFY14 current ratio is more than 2.5X. Expected revenue for full year 2 billion.

Posted by dyks1 > 2014-06-25 14:04 | Report Abuse

This counter going to die soon..run before too late.

Posted by angku > 2014-06-26 09:56 | Report Abuse

when is the next quarter report?

Posted by tht3861 > 2014-06-26 17:50 | Report Abuse

Jcy 3rd quarter report will out on August.

Posted by cyphua > 2014-07-01 21:19 | Report Abuse

HDD last time people aim to Thailand manufacturing, but after flood and the politic issue, may be benefit to Malaysia HDD factory, so if JCY doing HDD, can be good, but now use Pan drive more.

Posted by L. C. Chong > 2014-07-02 23:19 | Report Abuse

JCY analysis - http://lcchong.wordpress.com/2014/07/02/jcy-fundamental-analysis-2-jul-2014/

Posted by Devil86 > 2014-07-03 19:03 | Report Abuse

dividen received today!

Posted by Johnnys > 2014-07-03 21:57 | Report Abuse

yeah dividend received, time to push.

Posted by angku > 2014-07-04 13:19 | Report Abuse

push down or up

Posted by melakaboyz > 2014-07-07 10:54 | Report Abuse

Up today...

Posted by angku > 2014-07-07 14:58 | Report Abuse

why suddenly so huge volume? hehe

Posted by SeriousInvestor1945 > 2014-07-07 17:41 | Report Abuse

Good quarter result? Up to RM1?

Posted by Aaron Kwok > 2014-07-07 20:34 | Report Abuse

This share won't go up much.

Posted by ejtic > 2014-07-07 22:24 | Report Abuse

believe the coming Q result will be good based on the remarks made by the CFO. So far, what ever he said it truth. They delivered what he said.

Posted by Aaron Kwok > 2014-07-08 11:01 | Report Abuse

Forget about fundamentals. Who cares. This stock is dead. Up yesterday but tiday down

Posted by Aaron Kwok > 2014-07-09 09:44 | Report Abuse

As proven. Dead. One day up 2 cts. Following days will 100% down more than the up. Sell. Dont give people false hopes.

Posted by Johnnys > 2014-07-10 23:56 | Report Abuse

Western Digital, Seagate Estimates Rise at Evercore on PC Results
Rob Cihra of Evercore Partners raised his estimates on Western Digital (WDC) and Seagate Technology (STX) following the better-than-expected PC numbers from Gartner and IDC yesterday afternoon, writing that “HDD market units are now expected to come in around 136-137mil in Q2 (down just ~1%Q/Q and up ~2%Y/Y), as much as 4mil above initial 132-133mil forecasts.”

He also thinks pricing held firm in the quarter for drives. He now models Seagate making $3.36 billion and $1.10 in EPS in the quarter, up from $3.33 billion and $1.07. Western may have made $3.66 billion and $1.81 versus a prior $3.57 billion and $1.73.

PC results should get even better in the current quarter, a 14-week quarter, which happens only ever six years, he notes:

Apart from any confusing 14th week noise, we otherwise expect PC supply/demand trends to remain benign-to-positive for HDDs, as the broader PC market continues to stabilize/flatten Y/Y, but we also see some signs now that higher-priced/margin Enterprise HDD demand firmed up exiting the Jun-qtr.

Cihra prefers Western stock, on which he has an Overweight rating, and a $105 price target. Seagate he rates Equal Weight.

Neither stock is seeing much lift from these results in the broad market sell-off, with Western shares down 22 cents at $94.08, and Seagate off 26 cents, or 0.4%, at $58.22.

Posted by lohman > 2014-07-12 11:45 | Report Abuse

PC demand may have remained benign 2Q2014 but this does not seem to have rubbed off on HDD component manufacturer's JCY's share price which is still stuck around 71 sen. A large part of the problem is earnings visibility which is the main excuse given for JCY not being covered by research houses other than CIMB since its 2012/2013 earnings debacle. No one can guess what is coming Q to Q . Where can you find a company that can scale the heights of profitability one year and plunge into losses the next? That would scare off most serious investors. I can only fault Management for not courting, and not giving sufficient guidance, to research analysts on its coming performance each quarter.

Posted by Andy Lau > 2014-07-12 14:05 | Report Abuse

Studpid stock. Broken the support of 0.71.

Posted by tht3861 > 2014-07-12 14:39 | Report Abuse

Jcy current ratio 2.46x (Working Capital for 2QFY2014), Invertories, Trade and other receivable is RM565,444 Million for 2QFY 2014,Calculate yourself for JCY earning for 3QFY and Full Year 2014. Free Cash Flow until 2Q2014 is RM 65,392 Million (Investor Account and dividend). Dividend given until 2Q is 1cent + 1.25cents = 2.25cents. Mainly Customer Western Digital, Seagate and IBM (Support new posted by Johnny). Thanks Johnny for updated the news.

Posted by Johnnys > 2014-07-17 07:29 | Report Abuse

WD & Seagate share price hit new high again, will it more and less give some benefit to JCY? I think yes.
the main problem is, tradition HDDs demand is no as high as SSD and flas memory.
if JCY can involve they production with SSD and scandisk.... they price will fly.

Posted by angiekool > 2014-07-17 13:40 | Report Abuse

kena tipu liow. Got trapped.

Posted by HC Lee > 2014-07-17 15:01 | Report Abuse

Gap up to trap...usual tactic

Posted by Aaron Kwok > 2014-07-17 19:02 | Report Abuse

As I said earlier its a studpid stock. I echo ur SENTIMENTS too. This stock had trapped numerous people.

Posted by lohman > 2014-07-19 10:23 | Report Abuse

How can JCY shares trap anyone? There is adequate liquidity to sell a million shares nearly every single day. If current price is not up to expectations and you have lost faith, sell, take a loss and move on to something else. Unfortunately, we investors have to dance to the tune of the stock performance and not the other way round. Stocks often don't perform in the short time frame we want but this does not mean it is lousy.

Posted by opiq > 2014-07-26 14:36 |

Post removed.Why?