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

5,993,300


67 people like this.

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

calvin

249 posts

Posted by calvin > 2015-08-04 10:07 | Report Abuse

so strong,can buy buying now.....

kitykat

52 posts

Posted by kitykat > 2015-08-04 18:12 | Report Abuse

Play by fund manager or fund manager play you? Churn and burn....haha

yapie

301 posts

Posted by yapie > 2015-08-05 09:27 | Report Abuse

Since we can't fight them.... don't worry we like to play together with fund manager.... ha..ha...

Johnnys

759 posts

Posted by Johnnys > 2015-08-05 12:06 | Report Abuse

•Electrical and electronics (E&E) products, which contributed 36.0% to total exports, grew 9.8% or RM2.1 billion to RM23.1 billion;

Johnnys

759 posts

Posted by Johnnys > 2015-08-05 12:06 | Report Abuse

Good news

telusdansuci

1,695 posts

Posted by telusdansuci > 2015-08-05 12:49 | Report Abuse

Everythings need time . Just wait a matter of time only . They are playing us with PSYCHOLOGY . Once you are going to give up they will push up the share price . You must also know how to overcome your emotions . Thank you sir .

paperplane2

3,235 posts

Posted by paperplane2 > 2015-08-05 13:57 | Report Abuse

NEW REVOLUTION!

http://www.daliulian.org/cat37/node496058

kitykat

52 posts

Posted by kitykat > 2015-08-05 17:52 | Report Abuse

PC sales dropping, HDD demand dropping confirmed by seagate, industry consolidating and getting smaller confirm by the company, company sales dropping, SSD prices free falling and about to catch up with HDD, new breakthrough technology with 1000 times more capacity then SSD have been developed which will kill HDD even faster. only reason the company can show some profit is because of forex. sound like a promising industry/company to invest in?

maelxpdc

761 posts

Posted by maelxpdc > 2015-08-05 19:42 | Report Abuse

this counter will say bye2..bearish chart pattern..

lohman

205 posts

Posted by lohman > 2015-08-05 20:02 | Report Abuse

Director Peter Lim announced disposal of his 1 mil shares today. I'm not waiting for MD Tan Shih Leng to announce progressive sale of his 7 million as well. It's bye bye JCY, nice knowing you the past 12 months. Your price performance was a little disappointing but TQ for the good dividends.

kitykat

52 posts

Posted by kitykat > 2015-08-05 20:18 | Report Abuse

wow i did not expect director Peter Lim to dispose all his holdings.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4820605

MD Tan will also dispose all his 7m shares before result is announced. He already announced intention to trade the shares
during the closed period (1 month before and 1 month after announced) on 20/07.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4806029

The coming results must be very bad this is why they are disposing all before the coming result announcement in few weeks.

Panic selling tommorrow.

faye62118

55 posts

Posted by faye62118 > 2015-08-05 20:26 | Report Abuse

I already warn coming earnings will not be good. Price heading back to .50 range.

power88

1,588 posts

Posted by power88 > 2015-08-07 07:33 | Report Abuse

The following table demonstrates the sensitivity of the Group’s profit net of tax to a reasonably possible
change in the USD, SGD and Baht exchange rates against the respective functional currencies of the Group
entities, with all other variables held constant.
Group
Profit net of tax
2014 2013
RM’000 RM’000
USD/RM - strengthened 10% (2013: 3%) 50,533 7,016
- weakened 10% (2013: 3%) (50,533) (7,016)
USD/Baht - strengthened 3% (2013: 3%) (6,664) (7,010)
- weakened 3% (2013: 3%) 6,664 7,010
USD/RMB - strengthened 10% (2013: 10%) 4,381 2,933
- weakened 10% (2013: 10%) (4,381) (2,933)
SGD/RM - strengthened 7% (2013: 7%) (932) (1,040)
- weakened 7% (2013: 7%) 932 1,040
Baht/RM - strengthened 10% (2013: 10%) (4) (120)
- weakened 10% (2013: 10%) 4 120

power88

1,588 posts

Posted by power88 > 2015-08-07 07:35 | Report Abuse

10% usd strenghened ..profit up 50million...
TODAY 1 usd= 3.90...more than 20%

power88

1,588 posts

Posted by power88 > 2015-08-07 07:36 | Report Abuse

Foreign currency risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate
because of changes in foreign exchange rates.
The Group is exposed to transactional currency risk primarily through sales and purchases that are denominated
in a currency other than the functional currency of the operations to which they relate. The currencies giving
rise to this risk are primarily United States Dollars (USD), Singapore Dollars (SGD) and Thailand Baht (Baht).
Foreign exchange exposures in transactional currencies other than functional currencies of the operating
entities are closely monitored by the Group and kept to an acceptable level.
Approximately 78% (2013: 78%) of the Group’s sales are denominated in foreign currencies whilst 49% (2013:
55%) of costs are denominated foreign currencies. The Group’s trade receivable and trade payable balances
at the reporting date have similar exposures.
The Group and the Company also hold cash and cash equivalents denominated in foreign currencies for
working capital purposes. At the reporting date, such foreign currency balances (mainly in USD) amount to
RM130,274,000 (2013: RM161,983,000) and RM39,000 (2013: RM39,000) for the Group and the Company
respectively.

kitykat

52 posts

Posted by kitykat > 2015-08-07 09:08 | Report Abuse

yes it is highly exposed because the forex gain is hiding the actual poor sales performance .it is a HDD component manufacturer bound by the laws of supply and demand for HDD components and like any product, the price for which it can sell these products (Average selling prices). The forex gain is one small component only but the company needs to sell its products to realise this gain. With actual worldwide HDD sales dropping, the earnings cannot be maintaned forever because the RM can not weaken forever to keep masking the poor actual sales results.

sage

161 posts

Posted by sage > 2015-08-07 09:19 | Report Abuse

the directors starting to dispose already say alot....

skl_81

180 posts

Posted by skl_81 > 2015-08-07 10:05 | Report Abuse

Today can collect a bit again.
USD vs RM
High dividend
Under value
Product High demand
Low PE

No reason don't buy it !

Honest

9 posts

Posted by Honest > 2015-08-07 10:40 | Report Abuse

With the current price is good buy, rm continue weaken no chance to strengthen in next one yr....
Either convert our money to US$ park in the bank or buy Jcy still can get high dividend. Still a Buy call!

telusdansuci

1,695 posts

Posted by telusdansuci > 2015-08-07 10:44 | Report Abuse

Affected by our KLCI not about the company fundamental. Even strong fundamental stock also keep on dropping. Buy low and sell high. Be greedy when everyone is fear. Its will follow the market trend . When market rebound its will also rebound .

Posted by Wei Zhe Lee > 2015-08-08 16:36 | Report Abuse

kitykat
"yes it is highly exposed because the forex gain is hiding the actual poor sales performance .it is a HDD component manufacturer bound by the laws of supply and demand for HDD components and like any product, the price for which it can sell these products (Average selling prices). The forex gain is one small component only but the company needs to sell its products to realise this gain. With actual worldwide HDD sales dropping, the earnings cannot be maintaned forever because the RM can not weaken forever to keep masking the poor actual sales results."

I beg to differ. Look at the revenue which has increased over the pass few quarters.

Bryan Lee

391 posts

Posted by Bryan Lee > 2015-08-08 17:04 |

Post removed.Why?

kitykat

52 posts

Posted by kitykat > 2015-08-08 20:48 | Report Abuse

the revenue looks like it's marginally increasing because it has been masked by the forex gains. The company sells in usd and then for reporting purposes converts this back to RM. in the last 3 quarters the rm has continued to weaken against usd, this makes it look like revenue is marginally increasing but in fact the currency gain is keeping the revenue figure afloat.

mawiLegend

152 posts

Posted by mawiLegend > 2015-08-08 21:21 | Report Abuse

i locked buy this counter at 0.58...lololl

power88

1,588 posts

Posted by power88 > 2015-08-10 08:19 | Report Abuse

Profit can reach 2billion ..price will be around Rm1... DY good...

pangolin

1,026 posts

Posted by pangolin > 2015-08-10 18:28 | Report Abuse

i going to wheck him kao kao ... 65 cent ..... can bo >??

fatty_tang

296 posts

Posted by fatty_tang > 2015-08-10 22:32 | Report Abuse

kitykat you have a point there, but surely it doesn't look as bad as what you said. well lets see whether Dato Tan acquire any shares these coming two weeks.

1mocca

63 posts

Posted by 1mocca > 2015-08-11 11:49 | Report Abuse

vrommmm

power88

1,588 posts

Posted by power88 > 2015-08-11 17:18 | Report Abuse

1 usd RM 3.98.... Profit JCY will double up

longnian

171 posts

Posted by longnian > 2015-08-11 17:20 | Report Abuse

1 USD = RM4.02 NOW

faye62118

55 posts

Posted by faye62118 > 2015-08-11 19:39 | Report Abuse

Last warning. Sell before the result announce in 2 weeks or you will regret. Profit a lot less then last quarter and price will fall sharply after announced.

Posted by 24012LIM > 2015-08-11 20:38 | Report Abuse

how you know faye62118
?

faye62118

55 posts

Posted by faye62118 > 2015-08-11 21:38 | Report Abuse

Insider contact. Also md tan shi leng is disposing soon as well. He let his fellow md Peter lim dispose all first before he unload his 7m shares. the next 3 quarters earnings will be very bad that is why all the directors disposing. Anyone still holding after result is announce be prepared to lose alot.

kitykat

52 posts

Posted by kitykat > 2015-08-11 21:44 | Report Abuse

Lol even IB run already.

Cutting off deadweights- JCY
http://klse.i3investor.com/blogs/kenangaresearch/81084.jsp

yapie

301 posts

Posted by yapie > 2015-08-11 22:35 | Report Abuse

I am not sure about your info.... but I have share on my previous company and we are not allow to sell for profit or any interest that easily....

sage

161 posts

Posted by sage > 2015-08-12 16:14 | Report Abuse

foreign funds will start disposing soon because of possible capital control if ringgit drop anymore. There are more then 100m shares held by foreign funds. Don't be surprised if price drop to .40 range in the coming months.

kitykat

52 posts

Posted by kitykat > 2015-08-12 19:57 | Report Abuse

No point for foreign funds to invest here anymore. Ringgit getting weaker and us about to increase interest rate. Any dividend or capital gain made here will be hit hard by the forex conversion. Eg dividend rm 1.25 sen = US .30 sen, next to nothing after conversion

telusdansuci

1,695 posts

Posted by telusdansuci > 2015-08-13 12:02 | Report Abuse

Para-para pelabur sekelian , jangan pandang rendah terhadap kaunter ini , ya . Dividen kali ini lebih baik daripada yang dulu . Tunggu pengumuman syarikat akan datang . Jangan kecewa .

power88

1,588 posts

Posted by power88 > 2015-08-13 17:53 | Report Abuse

yes..soon rm1.00

Lim Elson

2,550 posts

Posted by Lim Elson > 2015-08-14 15:36 | Report Abuse

announcement or not... when KLSE drop.. it will affected.. Tenaga Genting Maybank and etc are pulling down the index.

wait for good price to pickup...

kitykat

52 posts

Posted by kitykat > 2015-08-17 15:10 | Report Abuse

Telu you will be taking many to holland with you.

telusdansuci

1,695 posts

Posted by telusdansuci > 2015-08-17 18:54 | Report Abuse

Tolong jangan salahkan orang. Saya sendiri pun ada kena rugi juga . Dalam keadaan sekarang mana ada kaunter tak jatuh , tapi kaunter JCY amat malangnya. Tapi jangan kecewa di mana ada kemahuan di situ pasti ada jalan . Kalau risau dan bimbang sampai tak dapat tidur atau makan esok jual habis-habisan kaunter ini lah .

Honest

9 posts

Posted by Honest > 2015-08-17 22:19 | Report Abuse

Rm keep weakening , should b good for export company. 0.61 is a good buy!
Should go up after the result.

telusdansuci

1,695 posts

Posted by telusdansuci > 2015-08-18 00:30 | Report Abuse

Don't worry, maybe its will rebound tomorrow , okey !

telusdansuci

1,695 posts

Posted by telusdansuci > 2015-08-18 12:26 | Report Abuse

Keuntungan dan dividen syarikat mungkin di luar jangkaan. Syarikat akan mengumunkan dalam masa yang terdekat . Ini adalah pandangan peribadi saya sahaja . Dengar sahaja tapi jangan percaya .

kitykat

52 posts

Posted by kitykat > 2015-08-19 18:30 | Report Abuse

Faye, exactly as you advised. 32m profit for Q3... 40% drop in profit from last quarter. Heavy sell down tomorrow. Those who bought into the hype today will be crying tomorrow.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4833513

faye62118

55 posts

Posted by faye62118 > 2015-08-19 18:36 | Report Abuse

Stay away from this counter for at least the next 3 quarters. Earnings will continue to slide into losses. Price will be in the rm .40 range in next few months.

ignasio

149 posts

Posted by ignasio > 2015-08-19 18:50 | Report Abuse

profit increased by 30% and declare 1.25sen div, did u read wrongly?

kitykat

52 posts

Posted by kitykat > 2015-08-19 19:01 | Report Abuse

Last quarter profit (Q2) = 51m profit

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4742917

Today quarter 3 profit announced = 32m profit.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4833513

A 40% DROP in profit from last quarter.

lkwah86

259 posts

Posted by lkwah86 > 2015-08-19 19:07 | Report Abuse

profit increased if comparing to corresponding quarter

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