Posted by Johnnys > 2015-04-01 15:56 | Report Abuse

Today is 1st day of 2nd quarter fund manager need readjust they portfolios look like JCY is they new Baby.

Posted by jctp2000 > 2015-04-01 22:10 | Report Abuse

Question is can the price hold? History say no. WD and Seagate share price drop alot lately due to coming ssd threat so what Ray said maybe correct. If WD and Seagate price continue to fall leading up to June then that will be a sign that the ssd is a real threat.

Posted by Mentor > 2015-04-02 08:53 | Report Abuse

It will hit 90 cents soon!

Posted by Gooseman > 2015-04-02 17:50 | Report Abuse

Come on guys! This is a trap.

Posted by Gooseman > 2015-04-02 17:51 | Report Abuse

Guess who is laughing all the way to the bank.... Again...

Posted by Johnnys > 2015-04-02 18:48 | Report Abuse

Gooseman you sold all? wanna collect low?

Posted by jctp2000 > 2015-04-02 19:33 | Report Abuse

Q2 2014 - 38,706m profit
Q3 2014 - 25,029m profit
Q4 2014 - 28,211m profit
Q1 2015 = 50,187m profit

EPS = 38.7m + 25m +28.2m + 50.1m = 142m
142m /2 billion shares = .071 EPS

PE = 74.5 / .071
JCY Current PE Ratio = 10.5

Seagate Current PE ratio = 8.5

JCY overvalued?

Posted by bsngpg > 2015-04-02 20:24 | Report Abuse

How about
Q1FY15=50187m profit,
Q2FY15=50187m profit
Q3FY15=50187m profit
Q4FY15=50187m profit

Eps=50187mx4=200748m/2billion shares=0.10

PE=74.5/0.10=7.45.

Seagate current PE ratio= 8.5

JCY undervalued ?

Posted by Gooseman > 2015-04-02 21:12 | Report Abuse

Hahahahhahah. Good luck.

Posted by jctp2000 > 2015-04-02 21:32 | Report Abuse

even if your fantasy earnings come true, The smart money will put their money in Seagate instead as they are OEM and also diversified into ssd.

Posted by bsngpg > 2015-04-02 21:40 | Report Abuse

Hahahahhahah. I know I have Great Luck on JCY.
Wishing you good luck in other counter.

Posted by bsngpg > 2015-04-02 21:44 | Report Abuse

even if your lousily predicted earnings come true, you also will not know where will the smart money go, as you simply not them.

Posted by jctp2000 > 2015-04-02 22:09 | Report Abuse

Prediction? Learn to read. The 4 quarters of earnings I used to work out the pe are factual earnings from the last 4 quarters. Please lean to read and write rather the re phrasing other people's writing. the only lousy prediction here is the one that assumes a company's profit will be identical for the next 3 quarters. You are right I don't follow the smart money because they follow me. Only fools will buy into this counter now at such a high price with threat of ssd in few months and a smart disgruntled forumner about to share the ssd threat with the top 20 share holders.

Posted by jctp2000 > 2015-04-02 22:18 | Report Abuse

Love Ray or hate Ray, there is a lot of truth in what he said.

Soon to be Obsolete Technology
Posted by Michael Silvera | Friday, 1 January 2014 | Gaming News, Opinion Piece, Tech News

Hard Disc Drives (HDD). Yes, they are bound to leave. With services like cloud storage being offered by many companies, it isn’t hard to see. These will soon leave the lives of many people, but don’t feel like tangible drives will be obsolete. Solid State Drives remain here! SSD is quickly becoming the new norm, people simply want something faster than a worm. HDD’s were great in release, but now that people are urging speed. They will make there way out the door and onto the street. Cloud Storage isn’t helping with that trend, soon you will see your self uploading anything and everything your eyes can see. All your music, images, videos, and documents can be quickly uploaded and viewed with nearly everyone having a fast internet connection. SSD’s and Cloud Storage are quickly making us switch from HDD’s, is this something you have already seen yourself doing?

http://gaminrealm.com/2014/01/03/soon-obsolete-technology/

Posted by thumxj > 2015-04-03 00:09 | Report Abuse

jctp2000, isn't that HDD is being used in cloud storage?

Posted by paperplane > 2015-04-03 00:27 | Report Abuse

Ppl only choose to listen what they want to believe.

Posted by mikashearer > 2015-04-03 02:16 | Report Abuse

if the next quarter is good, my TP will be rm1.24....

Posted by jctp2000 > 2015-04-03 07:45 | Report Abuse

Thum- it is used in data centers for cloud storage but as everything move to cloud there will be no more demand for hdd by end consumer. And as Ray correctly pointed out how many data centre are there in the world v the number of consumer population. Even then data centre are now moving from hdd to ssd. 3d nand ssd and cloud will reduce the demand for hdd for sure.

Mika- depends what your definition of good is. For me it's not good if 50% of the earning is due to forex gain again because that shows the sales is not increasing which is very bad. TP can be whatever you want it to be but let's face it, this counter have been limping along between .50 to .75 for the last 14 months and in fact if you take the forex gain out from last quarter the real sales earning have actually dropped.

Posted by kitykat > 2015-04-03 08:59 | Report Abuse

Totally agree with jctp. it will be a real April fool for many who bought in with the volume hype on Wednesday and got trap again. Research house collect low already then issue report with juicy tp to offload to small fry. Industry secret by institution- collect low then issue positive report then churn high volume to push price up abit and create interest then off load to market.

Posted by Johnnys > 2015-04-03 13:45 | Report Abuse

Hope Ray can do his job hard, press down the price hard. If possible make it 10% DY or above 10%.

Posted by mikashearer > 2015-04-04 14:52 | Report Abuse

the share will reduce to 2 billion to 1.8 billion.... so.... is good for the dividend pay.... but will depend for the company....

Posted by Gooseman > 2015-04-06 10:03 | Report Abuse

Whoever said JCY is a good company must be dreaming again. It is 100% manipulated and speculated shares. Speculators are the once that get trapped for dreaming...

Posted by Gooseman > 2015-04-06 10:07 | Report Abuse

Everytime JCY makes money, the owner will announce capex plans. Why ? This is a sunset business. How much new business has the capex brought ? None!! The announcements are just a way to take money away from investors who dream of big dividend or price up due to improved earnings. Please check history and see the reality. This stock in just not worth it anymore.

Posted by mikashearer > 2015-04-06 20:14 | Report Abuse

Yes.... maybe is a trap.... but now you can enter this share because of profit the company have.... no one will stay the money in share for a long term... get the profits that go a way.... TP 1.24 is my view if the next quarter is good...

Posted by Johnnys > 2015-04-07 13:58 | Report Abuse

Gooseman why you sold so early?? hahaha

Posted by Mentor > 2015-04-07 15:13 | Report Abuse

Still a long way up n be patient.

Posted by camel > 2015-04-07 16:13 | Report Abuse

uptrend

Posted by camel > 2015-04-07 16:15 | Report Abuse

0.80 in sight.

Posted by amason > 2015-04-07 16:17 | Report Abuse

0.76 barrier overcome, next TP 0.82 - time to buy

Posted by amason > 2015-04-07 16:20 | Report Abuse

WOW 0.765 all taken its really on the move

Posted by Gooseman > 2015-04-07 16:58 | Report Abuse

I need to whack the playmaker openly so that he wil play at a higher level... Not at 0.50 cents. Enjoy the run but be careful of profit taking

Posted by amason > 2015-04-07 16:59 | Report Abuse

A strong close at 0.77, tomorrow should break 0.80

Posted by sasword > 2015-04-07 17:10 | Report Abuse

yes...waiting for amason to break it...

Posted by Johnnys > 2015-04-07 21:37 | Report Abuse

Alliance Bank give TP 0.90, still awaiting next bank give the TP. next quarter profit should increase due to USD.

Posted by amason > 2015-04-08 00:04 | Report Abuse

am going to accumulate more in the morning - looks good for a BUY

Posted by camel > 2015-04-08 13:44 | Report Abuse

start to move, buy.

Posted by jetchew > 2015-04-08 14:40 | Report Abuse

Dont stop!!!

Posted by Mentor > 2015-04-08 14:45 | Report Abuse

As I said earlier, stay put; it's still a long way to go n do not bothered by small profit taking.

Posted by amason > 2015-04-08 14:46 | Report Abuse

refer to my post at 4.17 pm yesterday where I recommended a buy - and I accumulated more lots this morning - those who followed me can sell between 82 and 86 sen. Those who wish to hold can wait for 98 sen to sell. iNVEST WISELY

Posted by amason > 2015-04-08 14:56 | Report Abuse

78.5 ALL TAKEN ..... SEEMS LIKE IT SHOULD SURPASS 80 SEN EASILY

Posted by bsngpg > 2015-04-08 21:10 | Report Abuse

I miss raymondtang and jctp2000 a lot. Where are you? I sincerely would like to buy you a cup of Starbucks.

Posted by amason > 2015-04-09 09:20 | Report Abuse

still not too late to buy - next week TP is 86 sen

Posted by Eric Tan H S > 2015-04-09 13:49 | Report Abuse

0.775

Posted by Gooseman > 2015-04-09 15:41 | Report Abuse

So how many people got caught today ? The owner already bought at 0.69 and can take profit anytime and laugh all the way to the bank....

Posted by Gooseman > 2015-04-09 15:43 | Report Abuse

Many people got trapped in the 0.73-1.40 range excluding those who stil holding on to their IPO shares... Don't hope it will fly. If it does, just a short while and will drop like waterfall again

Posted by Gooseman > 2015-04-09 15:45 | Report Abuse

JCY is about who buy and sell first. The first will win. The followers all get trapped

Posted by Johnnys > 2015-04-09 15:52 | Report Abuse

Gooseman why you sold so early..... haha now you can watch and learn. maybe next time.

Posted by Mentor > 2015-04-09 16:10 | Report Abuse

Don't hope to drop below 75cents for now; it's upward direction. Of course, some profit taking is inevitable in every stock movement.

Posted by Gooseman > 2015-04-09 16:41 | Report Abuse

Haha. At least I didn't get stuck.

Posted by Johnnys > 2015-04-09 20:08 | Report Abuse

Yes Gooseman, cut lose is better than stuck, especially after you stuck so many year, why cut lose now?