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

8,289,000


67 people like this.

20,119 comment(s). Last comment by FortuneBlooming 15 hours ago

Johnnys

759 posts

Posted by Johnnys > 2015-02-11 14:11 | Report Abuse

0.75 resistance so hard to break..... just wait wait wait, wait result out or durian drop....

smartalex

13 posts

Posted by smartalex > 2015-02-11 17:22 | Report Abuse

The result will be out on Feb 18, when not only 0.75 but 0.79 will be broken like a hot knife thru butter.

supersaiyan3

3,131 posts

Posted by supersaiyan3 > 2015-02-12 01:07 | Report Abuse

Tomorrow starts to charge, oil and MYR starts to fall again....

smartalex

13 posts

Posted by smartalex > 2015-02-12 18:49 | Report Abuse

If you look at page 3 of the audited annual report, the most glaring thing is the increase in director
holding. Dato Wong's holding has increased from 3.5M shares to 4.5M shares, whereas Dato Tan's
holding has increased from 0.5M to a staggering 5,5M shares !!!! Do read in between the lines,
dare I say more?

smartalex

13 posts

Posted by smartalex > 2015-02-12 19:11 | Report Abuse

paperplane, there are plenty of lines, funny or not, but they are all HINTS. So go in and load and
load tomorrow, for next week it may be TOO LATE !!!!

bsngpg

2,844 posts

Posted by bsngpg > 2015-02-12 19:49 | Report Abuse

Hello to JCY.

marihom

162 posts

Posted by marihom > 2015-02-13 01:48 | Report Abuse

the price should be at least rm1.00

paperplane

1,403 posts

Posted by paperplane > 2015-02-13 01:58 | Report Abuse

Well i can only say from experience, in stock mkt, each stock got their own characters, like human. Some stock move only when quarterly result out, good or bad. Some move due to release of some news. Some move accordingly to currency, som3 move everytime before div announced. Agree not.

paperplane

1,403 posts

Posted by paperplane > 2015-02-13 02:01 | Report Abuse

Jcy is the type will quiet for sometimes, then suddenly few months back you see huge different liao. Like it drop to 0.50 past few months, now recovery to 0.70. If continue full yr good result, exp3ct it to move higher to rm1. Why i positive? As both its big customers alredi showing good results. Moved above 30%. It is just time jcy follow them. And its book is so strong without much debts, and with strong cashflows, it can go up higher.

Johnnys

759 posts

Posted by Johnnys > 2015-02-13 17:49 | Report Abuse

agree with paperplane

bankertan

68 posts

Posted by bankertan > 2015-02-13 19:15 | Report Abuse

Q1 result just out. excellent start to the year with 51m profit. Almost 100% increase in profit from last quarter. Increase in dividend to 1.25 sen. .80+ coming next week!

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1877637

pinewood

25 posts

Posted by pinewood > 2015-02-13 20:23 | Report Abuse

Get ready for another rally starting monday

Johnnys

759 posts

Posted by Johnnys > 2015-02-13 20:50 | Report Abuse

can enjoy new year from next weeks, let it push for few day, after new year only decide to hold or sale. Huat ah every one.

rikki

2,028 posts

Posted by rikki > 2015-02-13 22:19 | Report Abuse

JCY has a cash & bank balances of about RM320million and short term foreign currency trade loan of RM111m, which i belief is a self liquidating loan.

tasoke

317 posts

Posted by tasoke > 2015-02-13 23:59 | Report Abuse

just buyto get dividend thats all

smartalex

13 posts

Posted by smartalex > 2015-02-14 00:08 | Report Abuse

The result is over and beyond expectation!! What I said to paperplane became true. Quote " Next week will be TOO LATE" The forward guidance is also good especially the part on forex. We can expect an EXPLOSIVE start on Monday morning. Nothing short of RM1 will suffice. Happy new year to all. YAM SENG, MANY CHEERS !!!

smartalex

13 posts

Posted by smartalex > 2015-02-14 00:11 | Report Abuse

We can all have a very happy new year and also looking forward to a good 2nd Quarter

paperplane

1,403 posts

Posted by paperplane > 2015-02-14 09:04 | Report Abuse

Jcy a good buy. Caused comapred last yr, it will has at least 10% growth. With so many qe, so many low int environment, anything above 4% ppl chase to buy. So fund mgr will chase. Now jcy even lower than pe10. At least go back pe10. I will not surprise, if it can goes up pe15 even when eVery fund mgrs chasing it later if profit sustained. Why? It is just tht no much else offer ard. Anything below 0.80 next week i think still a good buy.

bsngpg

2,844 posts

Posted by bsngpg > 2015-02-14 11:40 | Report Abuse

Hello JCY: Another 10 lots only at 0.72 again on Friday, let's sail ahead together.

Johnnys

759 posts

Posted by Johnnys > 2015-02-14 12:49 | Report Abuse

with PE/15 it should be above RM 1

bsngpg

2,844 posts

Posted by bsngpg > 2015-02-14 14:41 | Report Abuse

Hope so, rm1.00.

bsngpg

2,844 posts

Posted by bsngpg > 2015-02-14 15:46 | Report Abuse

I echo the above positive comment lah. Law of Attraction says if you wish for something everyday, it will oneday come true. Furthermore it will be a big ang pao for everybody mah. Gong Xi Fa Chai.

paperplane

1,403 posts

Posted by paperplane > 2015-02-16 00:57 | Report Abuse

Well,for shrt term lets see if can break 0.80 tomolo. Once done, 0.96, then above rm1. Well, if ppl get more positive, assuming more positive pe, it will be above that price using 12m eps estimation. Coupled with good div, fund mgrs will just buy you see.

Mentor

36 posts

Posted by Mentor > 2015-02-16 09:49 | Report Abuse

Very prospective for 80cts

angang

54 posts

Posted by angang > 2015-02-16 09:50 | Report Abuse

bagus sekali..

bsngpg

2,844 posts

Posted by bsngpg > 2015-02-16 09:57 | Report Abuse

Bought 10K again at 0.74. This has pushed up my average entry price. Let's bet for CNY ang pao.

Mentor

36 posts

Posted by Mentor > 2015-02-16 15:01 | Report Abuse

Buy in; big wave coming!

duatlai

271 posts

Posted by duatlai > 2015-02-16 15:28 | Report Abuse

Big wave not here yet?

Mentor

36 posts

Posted by Mentor > 2015-02-16 15:37 | Report Abuse

Can't U feel it's here any moment?

tasoke

317 posts

Posted by tasoke > 2015-02-16 17:04 | Report Abuse

akan naik rm1.00 ke atas, ikut nilai dia

paperplane

1,403 posts

Posted by paperplane > 2015-02-16 17:11 | Report Abuse

well, anything possible these years. Mainly due to hot money flowing in, which in turn caused unrealistic return for some assets. Example, Gold, Silver 2 yrs back. Then some stocks which get great rally.....mainly because nothing else better to buy

bugle

293 posts

Posted by bugle > 2015-02-17 16:27 | Report Abuse

result is good, dividend is better, prospect is great...but......the price is a dynamic one and it's determined by factors influencing the supply and demand, ECON101. Go! Go! Go!

Mentor

36 posts

Posted by Mentor > 2015-02-17 16:32 | Report Abuse

Buyers are on CNY leave now

duatlai

271 posts

Posted by duatlai > 2015-02-17 16:45 | Report Abuse

Waiting at 0.710, Cny gift

smartalex

13 posts

Posted by smartalex > 2015-02-17 23:03 | Report Abuse

the price cannot sustain because of the following reasons:
1) Profit taking. The price has risen from 50sen just a month ago
2) Coming long holidays, Risky to hold on position, something can happen during this time and
we are totally helpless and,
3) Lots of people on holiday

The fundamentals are good and the stock should go up once the selling pressure eases.
Happy new year !!!!

smartalex

13 posts

Posted by smartalex > 2015-02-19 08:32 | Report Abuse

This is from FT.Com. Their analyst advises that effective 15 Feb 2015 JCY rating has improved to
outperform the market. The forecast for the year is 58% up from a price of 73sen.

paperplane

1,403 posts

Posted by paperplane > 2015-02-19 08:37 | Report Abuse

What? No fundamental talking.......

smartalex

13 posts

Posted by smartalex > 2015-02-19 09:26 | Report Abuse

This is their forecast after their analysis which is not revealed..The upgrade is from under perform.

camel

316 posts

Posted by camel > 2015-02-23 15:51 | Report Abuse

buy, TP: 1.10

paperplane

1,403 posts

Posted by paperplane > 2015-02-24 12:24 | Report Abuse

wow, so marvelous

izoklse

5,269 posts

Posted by izoklse > 2015-02-24 22:03 | Report Abuse

when is the next quarter result? im thinking of buying it before it too late.

smartalex

13 posts

Posted by smartalex > 2015-02-24 22:56 | Report Abuse

Should be around May 19th

Paul Ting

80 posts

Posted by Paul Ting > 2015-02-25 00:05 | Report Abuse

Don't worry
Jcy will up
Soon

faye62118

55 posts

Posted by faye62118 > 2015-02-25 07:14 | Report Abuse

next quarter 75m+ profit with 2 sen div!

bankertan

68 posts

Posted by bankertan > 2015-02-25 08:13 | Report Abuse

thx faye. I figured as much. the last quarter profit of 50m was based on exchange
rate of 3.2MYR against the USD (between Oct and Dec). The ringitt has since weakened more (currently 3.65) and the USD continues to raise (despite the fed not even increasing interest yet). Continued ringitt weakening win for JCY, continued USD raising also win for JCY. USD will continue to raise in anticipation of fed rate raise in the next few months. When the rate raise happens the USD will surge even more due to more $ piling back to the USD. Also worth noting the USD has been at all time low since GFC and the USD is recovering from the all time lows as the economy recovers and is not a temporary currency gain. This means the continued growth in JCY profits are not due to temporary USD currency gains, but a recovery of its earnings due to the recovery of the USD. Expect profits to keep growing as the USD keeps appreciating/recovering. Share price should go past rm1+ easily in the coming months.

http://www.bloomberg.com/news/articles/2015-02-18/ringgit-weakens-most-in-a-month-before-release-of-fed-minutes

bolt

107 posts

Posted by bolt > 2015-02-25 10:06 | Report Abuse

just waking up..

tpchuayap

855 posts

Posted by tpchuayap > 2015-02-25 10:15 | Report Abuse

happy trading

duatlai

271 posts

Posted by duatlai > 2015-02-25 11:14 | Report Abuse

jcy will be a possible stock for 2015

lohman

205 posts

Posted by lohman > 2015-02-25 11:52 | Report Abuse

The US$/MYR exchange rates for Oct-Dec 2014 were trending up; 3.2702 on 1/10/14, 3.3085 on 1/11/14, 3.4325 on 1/12/14 and 3.4977 on 31/12/14. Out of its reported RM50 mil profit for 1Q2015, exchange gain contributed a whopping RM16mil. Excluding this, net profit RM34 mil is only marginally better than 1Q2014's RM30 mil. Similarly, revenue is RM487mil vs RM476 mil. Results are okay but not brilliant. I would like to see real improvement in topline revenues and bottomline profits next Q results.

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