JCY INTERNATIONAL BERHAD

KLSE (MYR): JCY (5161)

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Last Price

0.43

Today's Change

+0.02 (4.88%)

Day's Change

0.415 - 0.435

Trading Volume

5,738,800


67 people like this.

20,119 comment(s). Last comment by FortuneBlooming 9 hours ago

bsngpg

2,844 posts

Posted by bsngpg > 2015-07-21 16:42 | Report Abuse

RHB-OSK, 21Jul15: JCY International may trend higher after breaching the downtrend line and MYR0.73 level in its latest session. Traders may buy as a bullish bias could be present above this level, with a target price ofMYR0.815, followed by MYR0.875. The stock may drift lower if it cannot sustain above the MYR0.73 mark. In this case, further support is anticipated at MYR0.685, where traders can exit upon abreach.

sage

161 posts

Posted by sage > 2015-07-21 16:45 | Report Abuse

Q1 and Q2 was not 1.5 sen div. spruikers like to tell tall tales. Price will come down sharply soon when no one except Rhb buying their own shares to sustain price. Easy come easy go. Smart ones will use this opportunity to take profit before that happens.

bsngpg

2,844 posts

Posted by bsngpg > 2015-07-21 16:53 | Report Abuse

Beza : It gave 1.25 cents but not 1.5 cents in Q1 and Q2.

JCY made eps 4.99cents in the 1st half. If it sustains the same eps for the 2nd half which I think it will make it easily seeing the weakening RM, then the whole year eps would be 4.99x2=10 cents. With the same DPO at 55% as last year, total div for this year would be 5.5 cents, i.e. 55/770=7.1% yield. Cheers !!!

Beza

1,847 posts

Posted by Beza > 2015-07-22 08:40 | Report Abuse

Thanks bsngpg for your sharp reply. Correction: 1.25 cents div per quarter (projected for another 2 Q also is reasonable) means 5 cents div per annum. So the target price is RM1.00 for 5% div too and RM1.25 for 4% div etc.. far better than bank offer.

Beza

1,847 posts

Posted by Beza > 2015-07-22 08:43 | Report Abuse

Highlighting these 2 very important points:
The demand for cloud infrastructure and enterprise applications will continue to make up for the reduction in PC shipments.
The recent appreciation of the US Dollar relative to Ringgit Malaysia will continue to benefit JCY’s results as all JCY’s sales are denominated in U.S. Dollars.

Beza

1,847 posts

Posted by Beza > 2015-07-22 08:43 | Report Abuse

Buy before regret.

telusdansuci

1,695 posts

Posted by telusdansuci > 2015-07-22 09:11 | Report Abuse

My target price is Rm 0.90 before the next coming quaters result annouce.What i mean is next month .

sage

161 posts

Posted by sage > 2015-07-22 09:46 | Report Abuse

The same story seem to play over and over again every year and price end up dropping back to .60 or .50. The company pay whatever div in the last few q does not mean it will pay the same or more in the next few q. Also to buy at a high price now and risk capital losses of 30% or more to make 5% or so on div is absurd. WD and Seagate profit waning and share price falls in the last few months tell the whole story already.

Beza

1,847 posts

Posted by Beza > 2015-07-22 10:11 | Report Abuse

Western Digital Corp
NASDAQ: WDC - Jul 21 7:12 PM EDT
78.69Price increase0.31 (0.40%)
After-hours: 78.46Price decrease0.23 (0.29%)

max
82.82 Dec 27, 2013

Open
77.75
High
79.33
Low
77.75
Mkt cap
18.1B
P/E ratio
12.03
Div yield
2.54%

Beza

1,847 posts

Posted by Beza > 2015-07-22 10:16 | Report Abuse

http://www.marketwatch.com/investing/stock/wdc

See for yourself. It was overpriced like China stock. Now PE of WD is 12.03 with market price $78.46 US dollars. How low is it, SAGE?

Beza

1,847 posts

Posted by Beza > 2015-07-22 10:21 | Report Abuse

WD PE is 12.03
While JCY PE is just 10.15 at RM0.76 now.

Beza

1,847 posts

Posted by Beza > 2015-07-22 10:44 | Report Abuse

Price: To put it bluntly, SSDs are more expensive than HDDs in terms of dollar per GB. For the same capacity and form factor 1TB internal 2.5-inch drive, you'll pay about $60 to $75 for an HDD, but as of this writing, an SSD doubles that to $130 to $150. That translates into 7 cents per gigabyte for the HDD and 14 cents per gigabyte for the SSD. Since HDDs are older, more established technologies, they will remain less expensive for the near future. Those extra hundreds may push your system price over budget.

sage

161 posts

Posted by sage > 2015-07-22 10:50 | Report Abuse

You conveniently forgot to mention WD price dropped from $115 to now $78 within the space of 6 months. A nearly 40% capital loss. You also forgot to mention Seagate in the same boat with a current PE of 8.3 and capital loss of nearly 40% on the share price in the last 6 months.

The stories on Jcy have been told to death. Even the company claim on automation to reduce costs has been spun since listing. Every year countless newbies like you repeat the same cycle. you think the institutions so nice issue reports to help you make money? The report is for them to profit by distributing to people like you at high price. Guess what happens when their profit is made...unwind, unload = price fall like rock.

Beza

1,847 posts

Posted by Beza > 2015-07-22 10:50 | Report Abuse

Overall: HDDs win on price, capacity, and availability. SSDs work best if speed, ruggedness, form factor, noise, or fragmentation (technically part of speed) are important factors to you. If it weren't for the price and capacity issues, SSDs would be the winner hands down.

sage

161 posts

Posted by sage > 2015-07-22 10:52 | Report Abuse

A company dependent on forex gain to sustain their earnings is a doomed one.

Beza

1,847 posts

Posted by Beza > 2015-07-22 10:53 | Report Abuse

So, be patience. Let's view the coming quarter result. That will determine it ahead.

telusdansuci

1,695 posts

Posted by telusdansuci > 2015-07-22 11:27 | Report Abuse

Please don't challenge each others . Different people with different opinions . Time will prove it and time will also heal the wound . Make everyone of us happy in this forum .

sage

161 posts

Posted by sage > 2015-07-22 11:29 | Report Abuse

Patience on this counter has cost many vast amounts on money over the years. This is not the kind of counter you buy and hold. Son, the truth of the matter is this company manufactures mechanical components for a dying sunset industry. The mechanical age is coming to an end and being replaced by the digital electronic age. Ie ssd. Companies you buy and hold are the ones with growth and innovation potential with long term growth strategy. This one has nither and if not for forex gain will be in deep shet already. So yes maybe it will make less or the same for coming quarter but a closer look at the amount of forex gain will tell you it is actually in deep shet as well. Eventually the sales will keep going until even the forex gain can no longer sustain earning.

sage

161 posts

Posted by sage > 2015-07-22 11:35 | Report Abuse

Then new stories will emerge from the company and market to stimulate the share price in the short term until price falls again and cycle repeats again. There can be no long term share price gain without innovation and long term growth plan. The company was listed 5 years ago at 1.60 and over 5 years the price limping between .50 and .75. 5 years is more than an accurate indication of where this company is heading.

telusdansuci

1,695 posts

Posted by telusdansuci > 2015-07-22 11:51 | Report Abuse

I will start to ride the boat this afternoon after the pfofit taking . My target price is what i already mention just now . No change .

telusdansuci

1,695 posts

Posted by telusdansuci > 2015-07-23 11:26 | Report Abuse

Sekarang adalah masa yang sesuai untuk membeli SAHAM JCY INTERNATIONAL .

faye62118

55 posts

Posted by faye62118 > 2015-07-23 18:53 | Report Abuse

Becareful the MA rumour is untrue. Do not be burn by the banks.

sage

161 posts

Posted by sage > 2015-07-23 19:39 | Report Abuse

Ma rumour has been around since listing. Nothing new. Let's see... UOB issue report with target price rm1+ followed by Rhb report target price .815 and then suddenly a few days later in sinchew rumour appear of MA story again. What a perfect share distribution strategy.

kitykat

52 posts

Posted by kitykat > 2015-07-23 19:53 | Report Abuse

When bank issue buy report, it is time to sell. When bank issue sell report, it is time to buy.

bluesky908

116 posts

Posted by bluesky908 > 2015-07-23 22:28 | Report Abuse

硬碟生產未來一兩季盈利看淡,工業數據已有些徵兆,預測第四季才會改善。上半年硬碟需求走疲,主要是個人電腦原裝生產商減少庫存,預期7月29日推展視窗10後,第三季末和第四季需求才可上衝。”
顧能(Gartner)調查顯示,個人電腦出口按年跌9.5%至6千840萬個,寫下2013年第三季的最大跌幅。個人電腦出口主要是美元走強、個人電腦更昂貴、經銷商因視窗10的推出而拒進貨。該調查公司預期2015全年個人電腦跌4.4%。
固態硬碟(SSD)出口也下跌,分析員預期JCY難逆國際大勢而上。
美國希捷公司(Seagate)截至7月3日第四季預期營業額按季跌12%至13%,由33億美元走跌至29億美元。
分析員維持“買進”評級,目標價1令吉零8仙,為2016財政年本益比的10倍.

all drop but still ask u buy.

telusdansuci

1,695 posts

Posted by telusdansuci > 2015-07-23 23:20 | Report Abuse

Gagal pada masa lalu tidak bermakna Jcy International akan gagal lagi pada masa depan . Sentiasa ingat , matahari bukan sentiasanya ditutupi oleh awan hitam . Satu hari nanti ia akan cerah balik . JCY boleh .

dalpinia

2,299 posts

Posted by dalpinia > 2015-07-24 10:08 | Report Abuse

Time to go in now....rm0.8 by today

dalpinia

2,299 posts

Posted by dalpinia > 2015-07-24 10:10 | Report Abuse

Very high div counter and rev/profit may shoot up due to very strong usd rate.....RM may fall to 4.0.....by yr end target rm1 at least....

power88

1,588 posts

Posted by power88 > 2015-07-25 08:07 | Report Abuse

目標價1令吉零8仙

dalpinia

2,299 posts

Posted by dalpinia > 2015-07-26 00:27 | Report Abuse

Another counter to invest. Tips.....good qr next month

telusdansuci

1,695 posts

Posted by telusdansuci > 2015-07-27 10:30 | Report Abuse

Start to invest this counter now as soon as possible don't listen to others .

Mat Cendana

2,336 posts

Posted by Mat Cendana > 2015-07-27 22:25 | Report Abuse

@kitykat Cynical comment. LOL! But, as with many comments here, there is some truth based on previous record. These IB analysts - I'd read their analysis but would never bet the house on these actually materialising. Nothing against JCY - it was one of my favourite counters, and I believe it's getting in the spotlight again. You need the contra players to be more involved to help sustain the momentum. The past few weeks have been promising although it is now correcting. If it remains above the moving averages, there's a very good chance to make a few ringgit from JCY.

Wikiileaks

262 posts

Posted by Wikiileaks > 2015-07-27 22:29 | Report Abuse

HDD history soon! Still buy?

kitykat

52 posts

Posted by kitykat > 2015-07-30 00:27 | Report Abuse

Bye Bye HDD and SSD.....


Intel, Micron debut 3D XPoint storage technology that's 1,000 times faster than current SSDs

29 July 2015, 4:48 am AEST

Intel and Micron today unveiled their all-new memory technology called 3D XPoint (pronounced "cross-point"). This is a new class of memory that can be used both as system memory as well as nonvolatile storage. In other words, 3D XPoint can be used to replace both a computer's RAM and its solid-state drive (SSD).

The companies claim that 3D XPoint is a major breakthrough in memory process technology, the first new memory category since the introduction of NAND flash in 1989. It's said to be extremely fast and durable, up to a thousand times faster (both in read and write speeds), and it will have higher endurance than existing NAND Flash memory currently being used in SSDs. What's more, it also has as much as 10 times greater density, leading to much more storage capacity in the same physical space, while remaining as energy efficient and affordable as existing NAND flash memory.

http://www.cnet.com/au/news/intel-and-micron-debut-3d-xpoint-storage-technology-thats-1000-times-faster-than-existing-drives/

faye62118

55 posts

Posted by faye62118 > 2015-07-30 01:29 | Report Abuse

dear all, coming quarter earnings dropped. directors preparing to sell. throw before the heavy selling start.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4806029

bozchry

305 posts

Posted by bozchry > 2015-07-30 07:01 | Report Abuse

haha..kelakar la kau orang ni..hahaha

telusdansuci

1,695 posts

Posted by telusdansuci > 2015-07-30 08:01 | Report Abuse

The coming third quater result beat analyst expectation . My target price is unchange . Paid good dividend .

sage

161 posts

Posted by sage > 2015-07-30 11:20 | Report Abuse

UOB analyst? 2 UOB report come out within weeks of each other and latest one expecting weakness coming Q result but with same TP. I think like UOB you already know the result already. It will be at best not much improvement from last q. Then after result is announced, our UOB friend can issue another report to say the result not as bad as we expect and therefore it above our expectation...TP RM6!. Fantastic excitement come and buy your jcy from us at high price which we collected at lower price. Then watch the price fall like a rock again. good setup to burn the small frys. But some need to be burned to learn.

kitykat

52 posts

Posted by kitykat > 2015-07-30 11:56 | Report Abuse

Lower expectation first to make bad/average result look better when result released. also directors announced to bursa they intend to trade the share during closed period. If Ian. Not wrong closed period is one month before and one month after result announced. Clear setup to sell.

megastron

68 posts

Posted by megastron > 2015-07-30 16:28 | Report Abuse

To find laggers like this, supermax have move, the next will be JCY?
http://char tian.com/traders-note-101/

sasword

1,167 posts

Posted by sasword > 2015-07-30 17:03 | Report Abuse

past few weeks trend shows directors keep buying low and selling high...as for the rumours maker who said that jcy is still a good fundamental company...dear small shareholders please open ur eyes and see if this is true...hahahahaha...

telusdansuci

1,695 posts

Posted by telusdansuci > 2015-07-31 00:01 | Report Abuse

Don't always make decisions base on minute by minute market reports . It is not a good investment strategy . I always did the opposite when people ask to sell i will buy . As an long term investor we must have the ability to control our emotions and not worry too much about market volatility . Believe me or not it will reach my target price in just a matter of time . Maybe next month there will also be some inovation plan annoucement . Belive me or not ?

yapie

301 posts

Posted by yapie > 2015-08-03 09:16 | Report Abuse

Dont worry today this counter will go up today :)

Posted by sense maker > 2015-08-03 11:43 | Report Abuse

Where is Raymond who said repeatedly a while ago that it would be 30 sen by June or July 2015? Now is Aug 2015 and it is trading at 70sen+. Ouch.

Maria

1 posts

Posted by Maria > 2015-08-03 14:09 | Report Abuse

As long as the USD strengthens, JCY will get the benefit out of thin air

telusdansuci

1,695 posts

Posted by telusdansuci > 2015-08-03 15:35 | Report Abuse

Puan or Cik Maria , i agree with you . Buy now before it's too late . Fund manager already go in .

taiong59

146 posts

Posted by taiong59 > 2015-08-03 18:45 | Report Abuse

Wah..telusdansuci..this counter play by fund manager as well?

Upmaster

158 posts

Posted by Upmaster > 2015-08-04 09:42 | Report Abuse

only one reason to going up, but million reason to going down.

Beza

1,847 posts

Posted by Beza > 2015-08-04 09:53 | Report Abuse

http://klse.i3investor.com/blogs/kenangaresearch/80789.jsp

Daily Technical Highlights - JCY
Author: kiasutrader | Publish date: Tue, 4 Aug 2015, 09:48 AM

· JCY (Trading Buy, TP: RM0.85). Yesterday, JCY gapped up and closed at RM0.765 (+2.5 sen or +3.38%). Chart-wise, the share price broke out from downtrend trend line resistance of RM0.735, while a bullish “Flag” pattern is taken shape. JCY is well supported by all 3 SMAs and the surged of daily trading volume. Despite Stochastics are trending into overbought territory, MACD histogram continues its bullish divergence, while RSI is hooking upwards, this is suggesting strong buying interests that could possibly rally the stock further. As such, we are placing a “Trading Buy” call on JCY with a target price of RM0.85 (based on objective measurement), while a strict stop-loss of RM0.72 should be placed (3 bids below support level of RM0.735 (S1)).

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